July 9th

FX Energy Provides Drilling Update on Grundy-2 Well

FX Energy, Inc. (NasdaqGM:FXEN - News) today reported that the Company\'s Grundy-2 well is currently drilling in the Rotliegend sandstone at a depth of 4,625 meters. The top of the Rotliegend was encountered 100 meters higher than expected. The well has now drilled 385 meters of Rotliegend with gas shows throughout and no appearance of water.

Current plans are to drill the well to a total depth of 4,660 meters and then log and perform other tests to determine gas saturation and porosity. The Grundy-2 well is in the Company\'s Fences concession. FX Energy owns a 49% interest in the well; the Polish Oil and Gas Company is the operator and owns 51%.
Read more: FX Energy Inc ( FXEN )
July 9th

A-Power Completes the Construction of the Largest Wind Turbine Production Facility in China - Is on Track to Begin Its Production of Wind Turbines

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) (\"A-Power\"), announced today that it has completed the construction of the first phase of its wind turbine production facility in Shenyang, China. The first phase is a 310,000 square foot production facility with an annual capacity to produce 300 2.5MW wind turbines and 420 750kW wind turbines.

Mr. Jinxiang Lu, A-Power’s Chairman and CEO, commented, “We are excited to announce the on-time completion of the first phase of our wind turbine production facility which we believe is the largest wind turbine production facility in China.This marks a significant event for A-Power as we anticipate that the wind business will quickly become a significant contributor to our revenue and earnings.
Read more: A-Power Energy Generation Systems Ltd ( APWR )
July 9th

Lilly to Acquire SGX Pharmaceuticals

Eli Lilly and Company (NYSE: LLY) and SGX Pharmaceuticals, Inc. (Nasdaq: SGXP) today announced that the companies have signed a definitive merger agreement providing for the acquisition of SGX in an all-cash transaction. SGX, based in San Diego, California, is a biotechnology company focused on drug discovery and development in the area of oncology. Under the terms of the agreement, Lilly will acquire all of the outstanding shares of SGX common stock at a price of $3.00 per share, for a total purchase price of approximately $64.0 million.

The acquisition will allow Lilly to integrate SGX\'s structure-guided drug discovery platform into its drug discovery efforts. It will also give Lilly access to FAST(TM), SGX\'s fragment-based, protein structure guided drug discovery technology, and to a portfolio of pre-clinical oncology compounds focused on a number of high-value kinase targets.
Read more: SGX Pharmaceuticals Inc ( SGXP )
Bytemobile Launches New Release of Mobile Internet Services, Bringing All Web Content to All Mobile Devices

MOUNTAIN VIEW, Calif., July 9, 2008 — Bytemobile, Inc., the global leader in mobile internet solutions for network operators, today announced a new release of its Web Fidelity™ Service and Media Fidelity™ Service for general availability. These services optimize the delivery of fast, PC-quality web browsing and video with mobile advertising to all wireless handsets, thereby creating new revenue opportunities for operators while increasing network efficiency and capacity.

The new release of Web Fidelity Service and Media Fidelity Service (http://www.bytemobile.com/products-solutions/web-fidelity-service.html) provides:
Read more: Bytemobile Launches New Release of Mobile Internet Services
July 2008, Nottingham, UK - 360 Scheduling’s software product suite has been chosen by Adeuza, as the strategic scheduling and optimization engine for its award-winning Movalys Mobile Workforce platform. Adeuza, Europe’s leading provider of mobile workforce management solutions, has been working closely with 360 for the last 18 months to deploy the integrated Movalys/360 solution into two of the world’s largest mobile workforce management projects, in the Utilities and Telco industries respectively, scheduling in excess of 50,000 resources.

“By integrating the 360 Dynamic Scheduling Engine (DSE) into our core Movalys platform we are now able to optimize the assignment of jobs to technicians in line with over 200 different parameters including, skills, travel distances, parts availability and SLAs,” said Bruno Renimel, Directeur Général of Adeuza.
Read more: 360 Scheduling Chosen by Adeuza