PR Newswire

SAN JOSE, Costa Rica, June 18, 2014

SAN JOSE, Costa Rica, June 18, 2014 /PRNewswire/ -- SAE-A SPINNING S.R.L., a subsidiary of SAE-A TRADING CO., LTD, and the Costa Rican Investment Promotion Agency (CINDE) today publically confirmed that the South Korea-based company will open a new thread manufacturing plant in Cartago at an investment of over US$50 million, generating 200 new jobs in direct employment.

With the establishment of this plant, SAE-A Spinning pioneers a mill employing highly automated processes and cutting-edge technology in Costa Rica, repositioning the country as venue for greater value-added activities in the textile industry.

Currently under construction, the plant will produce cotton thread using the latest technology. Spinning involves the transformation of cotton into thread through a series of production processes. The thread produced in Costa Rica will be exported to manufacture apparel, primarily in the American continent. SAE-A Spinning's initial investment amounts to US$50 million, including equipment and the new facilities in Coris de Cartago.

According to an official release from Kwang Ho Yoo, President of SAE-A-SPINNING, the investment is being made with a long-term vision and plan of growth over the next 30 years, in the certainty that the plant and its operations will be successful in the near future.

"If we achieve the yields and success expected, we will even consider exploring opportunity for a second investment to complement the one we are announcing. Resources invested in Costa Rica, including high-tech machinery, systems, technologies and skills, are planned for the long term, more than 30 years. Thanks to the country's good business climate and the commercial advantages of DR-CAFTA, we trust this plant will be a milestone collaborating in building deeper relations of friendship between Costa Rica and South Korea," added Ho Yoo.

For Gabriela Llobet, General Director of CINDE, the arrival of SAE-A Spinning confirms that Costa Rica offers conditions for capital-intensive firms in the textile industry.

"The operation of this new company confirms for us that Costa Rica is a venue with potential for light manufacturing and textile operations. Privileged access to the North American market through CAFTA is a decisive element for industries of this nature deciding to set up in Costa Rica. Our country is a highly competitive export platform for companies wanting to access the world's main markets, thanks to our network of trade agreements and strategic location," explained Llobet.

According to the official communique from SAE-A Spinning regarding the new plant in Costa Rica, "the decision to establish a spinning mill in Costa Rica was made due to the extensive opportunities that policy on direct foreign investment in the country generates, as well as the talent and capacity of Costa Rica's human resources, making it possible to harbor a technological operation that requires handling sophisticated machinery and capacity for rapid learning and absorption of processes."

SAE-A Spinning has a series of apparel manufacturing plants in different countries, including Guatemala, Nicaragua, Haiti, Vietnam, Indonesia and Cambodia, with global sales of over US$1.5 billion.

The opening of SAE-A Spinning joins a recent announcement by Canadian firm Gildan Sportwear that it will be setting up a modern textile production plant in Guanacaste.

SOURCE Costa Rican Investment Promotion Agency

PR Newswire

CORPUS CHRISTI, Texas, June 3, 2014

CORPUS CHRISTI, Texas, June 3, 2014 /PRNewswire/ -- As the public awaits answers promised in GM's "independent" internal investigation into the fatal ignition switch recall, attorneys handling injury and death cases related to the defective vehicles claim that the report by Anton Valukas will be perverted by Valukas' deep ties to the company and should be dismissed as a self-serving investigation by GM's own lawyer.

"This is a case of the fox guarding the hen house," lead attorney Thomas J. Henry stated. "Valukas and other members of his law firm actually worked for GM during the time that the alleged cover up took place. How can this be called an 'independent investigation' if the very people conducting the investigation worked for GM during the period that is being investigated," he questioned.

"This appears to be an orchestrated white wash by lawyers closely connected to GM for nearly a decade," he added.

Mary Barra asked Valukas to handle the investigation, reportedly stating that the former Assistant U.S. Attorney would provide an "unvarnished" report of GM's actions leading up to the recall.[1] Valukas should be investigating his own law firm's Of Counsel, Robert Osborne, former general counsel and Vice President of GM from 2006-2009.

Valukas' report is expected to answer important questions about why it took more than a decade for GM to address a fatal design flaw in the ignition switch of 2.6 million small cars. The company has admitted that engineers were aware of the problem as far back as 2001. [2]

Anton Valukas and Colleagues Worked for GM during Period being Investigated

Anton Valukas, head of GM's internal probe into the delayed recall of 2.6 million vehicles linked to at least 13 deaths, has deep ties to GM. He and his firm have been working with the company for nearly 10 years. His law firm, Jenner & Block, represented GM in various matters during the last decade, a period in which GM is currently being investigated for not reporting ignition switch defects in certain Chevy, Saturn, and Pontiac vehicles.

Valukas himself even served as lead counsel for the "Old GM" during a four-year-long SEC investigation in 2009 while his colleague, Robert Osborne, left Jenner & Block from 2006-2009 to serve as GM's general counsel and Vice President. Jenner & Block then guided the company through its bankruptcy and restructuring, and even represented GM in its IPO in 2010. [3]

"Valukas' firm, Jenner & Block, collected millions in their bankruptcy work[4] at a time when many speculate that the company knew about problems with the ignition switches. Their role as attorneys for GM during the time period in question makes it unlikely that these lawyers could be objective. They would make better witnesses than 'objective' investigators," Thomas J. Henry stated.

"These so-called independent investigators were hand-picked by GM because they have worked side by side with the company for years. There is no way these individuals can offer an unbiased, unvarnished report on the failures at GM which led to the ignition switch recall. Our victims deserve an investigation by true outsiders, not law firms and lawyers who have already made million off of GM," he added.

About Thomas J. Henry Injury Attorneys

Thomas J. Henry Injury Attorneys is a national injury firm representing GM recall victims in nearly every state in the U.S. The firm is currently representing more than 1,000 people who died, family members who lost loved ones, serious injury victims, and others harmed by the GM ignition switch recall.

One of the largest personal injury firms in the United States, Thomas J. Henry Injury Attorneys has been representing injured victims nationwide for more than 25 years. The firm specializes in wrongful death, on the job injury, child injury, pharmaceutical litigation, product liability, catastrophic injury, and company vehicle and 18-wheeler accident cases.

The firm was recently recognized by the National Law Journal for having one of the Top 100 verdicts in the country in 2013 and by Texas Lawyer for having three of the top Texas verdicts for the year. These cases involved work injuries and company vehicle accidents. This comes on the heels of winning the number one back injury verdict in the country in 2012.

[1] http://www.freep.com/article/20140326/BUSINESS0101/303260112/GM-Mary-Barra-General-Motors-recall

[2] http://online.wsj.com/news/articles/SB10001424052702304914904579435171004763740

[3] http://jenner.com/library/news/5

[4] http://jenner.com/system/assets/assets/18/original/Dealmaker_of_the_week.pdf?1312830195

Media ContactSusan Harr361-985-0600pr@thomasjhenrylaw.com

Video - http://origin-qps.onstreammedia.com/origin/multivu_archive/PRNA/ENR/DA41802-Thomas-J-Henry-GM-recall.mp4

Photo - http://photos.prnewswire.com/prnh/20140603/94029

SOURCE Thomas J. Henry Injury Attorneys

VANCOUVER, British Columbia, Sept. 9, 2014 (GLOBE NEWSWIRE) -- Ximen Mining Corp. (TSX-V:XIM) (the "Company" or "Ximen") is pleased to announce results from the recently completed IP (induced polarization) survey on the company's Brett Gold property located near Vernon, BC, and to provide an update of the summer exploration program.

Highlights of Recent Exploration Activity

Induced Polarization Study

The IP survey tested the large magnetic low anomaly outlined earlier this summer. The mag-low anomaly measures 1.1 x 1.1 km in size and remains open to the north and east. It is a blind target under glacial till cover, with minimal rock exposed on surface. Elsewhere on the property, including at the Main Zone, similar (but much smaller) magnetic low anomalies were defined by the ground geophysical survey in areas with known gold-bearing epithermal veins and associated magnetite-destructive alteration. Intense, impressive epithermal alteration (advanced argillic alteration, silicification, pyrite mineralization, quartz stockwork veining and hydrothermal brecciation) occurs in several places in the limited outcrop exposed within the large magnetic low anomaly. The spatial relationship of the mag-low feature to these areas of alteration suggests that the mag-low is related to the same magnetite-destructive alteration seen in outcrop. The size and strength of the anomaly suggests a very large alteration zone, extending laterally well beyond the known exposures.

A total of 20 line km of IP was completed, using a pole-dipole array. The survey was designed for both shallow, near-surface definition and to provide information at greater depths, utilizing "a" spacings of both 50 and 100 m, and "n" spacings of 1-8. Line spacing was 100 m over the central portion of the mag-low feature, and 200 m at the northern and southern limits of the anomaly.

The company is extremely encouraged by two prominent features of the IP survey. First, a strong north-south trending IP chargeability anomaly was measured on 9 of the 10 survey lines, has a defined strike length of 1 km, and remains open to the south beyond the limits of the survey. Its surface trace, as projected from pseudo-sections, mimics the most intense zone of low magnetic response outlined by the earlier ground magnetic survey. Secondly, a sub-parallel chargeability anomaly was detected by the survey on the west margin of the large magnetic low. By the southernmost line of the survey, this western anomalous zone has merged with the north-south anomaly to create a chargeability feature that exceeds 1 km in width. The chargeability anomalies are accompanied by modest resistivity response.

Inversion of the IP chargeability and resistivity results is underway, to model the properties and geometry of a mineralized body that would create the responses depicted in pseudo-section. The results of the inversion will be used, in conjunction with structural modelling, geological mapping, spectral analysis of clay mineralogy within areas of exposed alteration, and the (pending) results of a biogeochemical survey, to define targets for testing by diamond drilling.

Advanced Geologic Model

Detailed and property-wide geological work by the company this summer has resulted in a new and exciting geological model for the Brett property. Our results indicate district-scale potential for gold mineralization in the area and suggest potential for both high-grade veins and for larger, lower grade bulk tonnage mineralization.

The Eocene volcanic rocks which host the known gold mineralization on the property are now recognized as occurring within a steep fault-bounded extensional basin or graben. The occurrence of epithermal gold mineralization in similar Eocene extensional basins in the Cordillera, and the genetic relationship of the gold mineralization to the extensional tectonic regime, is widely known. One example is the Republic graben in northern Washington, from which in excess of 2.5 million ounces of gold was historically mined from a number of distinct high-grade epithermal vein deposits. Features common to both the Republic district and the Brett district include style of veining and alteration, age of mineralization, age and character of host rocks, occurrence of gold along second-order structures within the graben, and trace element geochemistry within veins and alteration envelopes.

Expanded Area of Interest

Based on this new understanding and on limited exploration work by Ximen peripheral to the main Brett showings, Ximen has expanded its land position by staking and acquisition, from the original 2250 hectare package held at the beginning of the season, to in excess of 21,000 hectares. Strongly altered Eocene volcanics and intrusives have been identified in several areas within the expanded land package.

Part of the newly acquired ground includes the Gold Star property which covers the area immediately west of the Brett Main Zone. An area of intense alteration, with quartz veining, straddles the boundary between the (original) Brett claims and the newly acquired Gold Star claims (the Border Zone). As in other areas of the property, outcrop is limited at the Border Zone. A strong gold-silver-arsenic (plus Sb, Se, Te, Mo, Hg) anomaly was defined by a recently completed soil geochemical survey over the area. Elevated gold values, to 599 ppb Au, 417 ppb Au and 204 ppb Au, were returned from rock samples collected from this area. Results for additional rock samples collected from the Border Zone are pending. This area is a high priority target for testing in the company's upcoming diamond drill program. Also on the Gold Star portion of Ximen's property, a strong northwest trending shear zone has been defined (the Sunday Shear), which is visually similar and sub-parallel to the Brett Main Zone, located 750 m to the west, and similarly requires follow-up.

A further update will be provided shortly

Patrick Forseille, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.

About Ximen Mining Corp.

Ximen Mining Corp. owns 100 percent interest in its two projects, Gold Drop Project and Brett Gold Project located in southern British Columbia. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, and is listed on the Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XM and WKN number is A1W2EG as well in the USA on the OTCQX under the symbol XXMMF.

On behalf of the Board of Directors,

"Christopher R. Anderson."

Christopher R. Anderson, President, CEO and Director, Ximen Mining Corp.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

At IBC in Amsterdam, RRsat to Demonstrate in Cooperation With Kaltura Its Converged Broadcast, Online Video Service Offering for Broadcasters and Content Owners

AIRPORT CITY, ISRAEL--(Marketwired - Aug 28, 2014) - RRsat Global Communications Network Ltd. (NASDAQ: RRST), a leading provider of digital content management and global content distribution services to the broadcasting industry, announce today that it will showcase at IBC in Amsterdam its converged service solution for broadcast and online video. This service allows content owners and publishers to prepare, manage and deliver content to any network, in any format, on any device. RRsat has partnered with Kaltura, a leading video technology company, to showcase this end-to-end offering and will incorporate its latest technologies including front and back end applications.

As viewer habits and experiences are changing rapidly, opportunity exists to monetize the same content over a variety of screens in many different models. A unified and efficient way of preparing, managing and distributing content is therefore required in order to effectively support viewer demand in a cost-effective manner.

RRsat's converged service offering provides a fully managed, end-to-end solution, allowing broadcasters and content owners to focus on new and creative ways of producing engaging content, as well as generating additional revenue. The demo incorporates RRsat's playout solution and Kaltura's market leading online video product, which engages viewers with highly personalized and social Live & VOD viewing experiences across any and all devices, and is supportive of a wide array of monetization options.

Ziv Mor, CTO of RRsat, says, "Content workflows for all platforms became a complex task for content owners and broadcasters. As a leading media service provider we developed the infrastructure, skills and capabilities to provide a hassle free solution, covering all services under a single roof via efficient workflows and integrated services. Broadcasters and content owners can approach both traditional and online viewers via one single RRsat contact and we'll do the rest."

"We are seeing massive demand by broadcasters and content owners for an integrated solution that would include both content preparation and distribution, as well as online video features and capabilities," said Ron Yekutiel, Kaltura Chairman and CEO. "We are very excited to partner with RRsat to offer together a best-of-breed end-to-end solution that address that demand."

See the converged broadcast and online video offering during IBC in Amsterdam RAI at the RRsat booth -- Hall 1 stand B24 -12th-16thSeptember 2014.

About RRsat

RRsat Global Communications Network Ltd. (NASDAQ: RRST) provides global, end-to-end, digital content preparation and management, as well as content distribution services to the rapidly expanding broadcasting industry, covering more than 150 countries. Through its Global Network, composed of satellite, terrestrial fiber optic capacity and the public Internet, RRsat provides high-quality and flexible global content distribution 24 by 7 services to more than 630 channels reaching multiplatform operators, Internet TV and direct-to-home viewers worldwide. In addition, the company offers worldwide content management and distribution services for sports, news and other live events. More than 130 channels use RRsat's advanced production and playout centers, comprising of comprehensive media asset management services. Visit the company's website www.rrsat.com.

Safe Harbor Statement

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in our expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2013 and our Current Reports on Form 6-K.

Corporate Contact:Elad ManishvizCMOTel: +1 201 6557245Email ContactZiv MorCTO Tel: +1 201 6557245Media Contact: Champion Communications+44 (0)20 7637 2587Email Contact