Australian Market Report of November 3, 2010: Medic Vision (ASX:MVH) To Launch mOne Mobile Advertising Platform
Sydney, Nov 3, 2010 AEST (ABN Newswire) - Medic Vision Limited (ASX:MVH) said today that its soon-to-be-wholly-owned-subsidiary, mConnect Group, will unveil its highly anticipated, game changing, mOne mobile advertising platform for brands and marketing agencies at Ad Tech New York. mOne will allow users to have far greater control of their mobile advertising campaigns, drastically reduce the resources required to manage campaigns, allow instant performance comparisons between different ad networks and facilitate a far wider audience reach. With the release of mOne, Medic Vision Limited, soon to be re-named Motopia Limited, aims to become a major force in the fast growing Mobile Advertising industry.
TZ Limited (ASX:TZL) advised that its wholly owned subsidiary, Telezygology, Inc., has entered into formal negotiations with Gaming Support BV that will support the commercialization of TZ Limited's technology into the gaming industry. Under the proposed agreement, Gaming Support will invest in the development of a multi-application demonstration display to deliver strong and compelling propositions for casino operators. The display will be showcased at the International Casino Expo in London in January 2011.
Dragon Mountain Gold Limited (ASX:DMG) has completed four holes in an area 240 to 400m west of its Jinshan 30 Drilling Program, part of the Lixian Gold Project in Gansu Province, China. Assay results from the first hole have returned 15.6m at 0.68 g/t Au while results from the other three holes are pending. This exploration drill hole has confirmed gold mineralisation and the significant upside potential of the Jinshan orebody.
Hansen Technologies Limited (ASX:HSN) has acquired US-based NirvanaSoft Inc., a provider of proprietary software for complex billing solutions to Electricity and Gas utilities in North America. The acquisition of NirvanaSoft represents approximately a 50% increase in North American-sourced revenue for Hansen through a doubling of Hansen's existing North America energy billing customer base. This transaction emphasizes Hansen's commitment to an increasing presence in the North American market and also allows North American energy utilities to benefit from Hansen's additional complex billing technology and smart-grid functionality.
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