August 26th

Converted Organics Announces Strategic Alliance with Gro Group Inc. to Service up to 15,000 U.S. Nurseries, Retailers

Converted Organics Inc. (NASDAQ:COIN) announced today that the Company will work with Gro Group Inc. as a manufacturing partner in 2009, supplying its organic granular fertilizer to seven of Gro Group Inc.’s major distributors, which collectively service up to 15,000 lawn and garden retailers throughout the United States. Converted Organics’ organic granular fertilizer is for use on lawns, turf, flowers and gardens.

“Converted Organics is extremely excited to partner with Gro Group distributors to provide lawn and garden retailers with our high-quality, all-natural, organic granular fertilizer,” said Richard P. Aleo, Executive Vice President of Sales and Marketing for Converted Organics. “Our product compliments and supports Gro Group’s objective of empowering distributors to provide retailers with a competitive edge in the marketplace by supplying the finest quality products at the best dollar value.” Read more: Converted Organics Inc ( COIN )

Today Databarracks announced that it is offering refunds to all Buddybackup users who have paid for the full version of its popular Buddybackup software. The decision comes as Databarracks removes all of the limitations within the free version of Buddybackup, a peer-to-peer online backup software used by tens of thousands of people in over 126 countries around the world.

When asked about the decision, Barbara Ferrari, Marketing Manager of Databarracks, said “We wanted to make Buddybackup completely free for everyone to use and to remove the limitations that previously were only unlocked in the paid version. We didn’t think it was fair to do this when so many users had already bought the software so we decided to offer a refund to everyone who has paid and upgrade all current users to the full version of the software.” Read more: Databarracks offers refunds to all users that have paid for Buddybackup

August 25

Raytec Metals Corp. to Begin 2D Seismic Survey on KP441 Potash Claim

Raytec Metals Corp. (the \"Company\") (TSX VENTURE:RAY) has engaged the services of Kinetex Inc., a subsidiary of FirstGrowth-EDS (TSX VENTURE:FGC), to conduct 2-D seismic work on its Saskatchewan KP441 potash claim in advance of a proposed phase one drill program.

The Company recently received its exploration permits on the KP441 and KP452 potash claims, covering 91,549 acres, from the Saskatchewan Ministry of Energy and Mines. In June 2008, a NI43-101 compliant resource was established on the southwest portion of the KP441 claim using data from two historic holes drilled by Canadian Exploration Ltd. in 1969. The resource estimation, which covers approximately 17% of claim KP441, includes a net recoverable indicated resource of 12.49 million metric tonnes of K2O and a net recoverable inferred resource of 12.24 million metric tonnes of K2O. The technical report is available for viewing at www.sedar.com. Read more: Raytec Metals Corp ( RAY )

August 25

Q9 Networks Inc. Agrees to be Acquired by ABRY Partners at $17.05 Per Share in Cash

Q9 Networks Inc. (TSX:Q) (\"Q9\") announced today that it has entered into a definitive acquisition agreement (the \"Agreement\") with CDC Acquisition Corp. (\"ABRY\"), an affiliate of ABRY Partners, LLC (\"ABRY Partners\") to purchase all of the outstanding common shares of Q9. Under the terms of the Agreement, Q9 shareholders will receive $17.05 per common share in cash, representing a premium of 38% to the 30-trading day volume weighted average closing price on the Toronto Stock Exchange. The transaction, which values Q9 at approximately $361 million, will be implemented by way of a court-approved plan of arrangement under the laws of Ontario.

\"ABRY is one of the most experienced private equity firms in the media, communications, and information industry.\" said Osama Arafat, CEO and Paul Sharpe, President and COO of Q9. \"We believe they are the right partner to continue our aggressive growth plans while providing outstanding service to our valued customers. We are very proud of what the Q9 team has achieved to date and we look forward to leading them through our next phase of growth.\" Read more: Q9 Networks Inc ( Q )