September 1st, 2008 – Spatial Technology of Sweden has extended its presence in the UK with the launch of Spatial Technology (UK). A well-established provider of leading edge spatial data warehouse solutions and web based geographical information systems (GIS), Spatial Technology already has a number of UK local authorities as customers and a key emergency service.

Spatial Technology’s ISM is a class leading spatial data management solution that is used extensively by Local Government and utilities in Scandinavia, enterprise development zones in China and a number of UK local authorities. ISM provides organisations with a simple to use but very powerful system for the administration of geographical and other data file structures connecting disparate systems and their data in one commonly accessed data warehouse.
Read more: Spatial Technology Extends UK Presence
August 29

Bombardier Transportation Wins a 94 Million Euro Contract for 30 FLEXITY Light Rail Vehicles in Bursa

New High-capacity Vehicles for the Booming Turkish Metropolis

Bombardier Transportation announced today that it has won a new contract to supply 30 BOMBARDIER FLEXITY Swift high-floor light rail vehicles to the Bursa Metropolitan Municipality, Turkey. The order is valued at approximately 94 million euros ($138 million US) and includes the delivery of spare parts. An option for up to 28 additional vehicles is foreseen.

The FLEXITY Swift vehicles will be built at Bombardier\'s manufacturing facility in Bautzen, Germany. Bogies will come from Bombardier\'s Siegen site, while the electrical equipment will be supplied by the Mannheim plant. Delivery is anticipated to commence during the second half of 2010.
Read more: Bombardier ( BBD.A )
August 29

IAMGOLD Announces Filing in France of Cash Bid for Euro Ressources

IAMGOLD Corporation (\"IAMGOLD\" or \"the Company\") (TSX: IMG)(NYSE: IAG)(BOTSWANA: IAMGOLD) announced today that it has filed a draft tender offer in France that will provide for an all cash offer of EUR 1.20 per share to acquire all of the outstanding shares of Euro Ressources S.A. (\"EURO\").

EURO currently has a participation right royalty on production from IAMGOLD\'s Rosebel gold mine that entitles EURO to payments of 10% of the gold price above US$300/oz for production from soft rock and above US$350/oz for production from hard rock. EURO reported royalty revenue for the first six months of 2008 of EUR 6.0 million (US$9.2 million).
Read more: IAMGOLD Corporation ( IMG )
August 29

Eldorado Gold Corporation: Efemcukuru Project Update

Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation (\"Eldorado\" or the \"Company\" or \"we\") (TSX: ELD)(AMEX: EGO) is pleased to provide an update for the Efemcukuru Gold project (the \"Project\"), Turkey which is presently under construction.

The Company together with its consultants have completed a thorough review of the Project and has updated its estimates for initial capital investment, operating costs and schedule for commissioning. For comparison purposes these parameters are referenced against the feasibility study (the \"Study\") completed in July 2007.
Read more: Eldorado Gold Corporation ( ELD )
August 29

Popular Announces Substantial Sale of Loan and Servicing Assets of its U.S. Mortgage Unit, Popular Financial Holdings, to Goldman Sachs

Popular, Inc. announced today an agreement to sell loan and servicing assets of its U.S. mortgage subsidiary Popular Financial Holdings (PFH) to various Goldman Sachs affiliates. The sale includes approximately $1,170 million in loans and mortgage servicing assets. The transaction, expected to close in the fourth quarter of 2008, will provide more than $700 million in additional liquidity and significantly reduce Popular\'s U.S. subprime assets. Popular expects to report a loss of approximately $450 million in connection with the transaction.

\"We are continuing to narrow the scope of our mainland U.S. operations that are most exposed to the credit and mortgage markets, by leveraging on our core strengths in Puerto Rico, where we are the undisputed market leader. Indeed, our core retail banking franchise in Puerto Rico is strong and continues to perform well,\" said Richard L. Carrion, Chairman, President and CEO of Popular, Inc.
Read more: Popular Inc ( BPOP )