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Apr 22, 2009 -- Dynamotive Energy Systems Corporation (OTCBB: Chart | News | PowerRating announced today that it has successfully produced significant amounts of renewable gasoline and diesel from biomass at its research facility in Waterloo Ontario through a novel two stage upgrading process of BioOil(R).

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The process developed by Dr. Desmond Radlein and his research team, involves pyrolysis of lignocellulosic biomass to produce a primary liquid fuel, BioOil, which is then hydro-reformed to a Stage 1 gas-oil equivalent liquid fuel that can either be directly utilized in blends with hydrocarbon fuels for industrial stationary power and heating applications or be further upgraded to transportation grade liquid hydrocarbon fuels (gasoline/diesel) in a Stage 2 hydrotreating process. The major by-product from lignocellulosic biomass pyrolysis is Biochar which has emerging value for soil productivity enhancement and carbon sequestration. Dynamotive markets its Biochar under the trade name CQuest(TM).

Based on initial test and analysis, the Company currently estimates that it can deliver advanced (second generation) fuels from biomass at a cost of less than $ 2 per gallon of ethanol-equivalent fuel in facilities processing about 70,000 tonnes of biomass per annum (current scale of its 200 metric tonne per day plant). For further details on the process please visit Dynamotive's website.

The upgrading process addresses several critical issues in the development of sustainable fuels from biomass.

1) Food vs. Fuel: The Company converts residual biomass from agricultural and forestry operations and/or dedicated non-food crops through a thermochemical process into BioOil and Biochar. BioOil and Biochar plants can coexist with existing forestry and agricultural facilities, providing an additional benefit to operations.

2) Yield: Dynamotive's pyrolysis process converts roughly 85% of the total biomass feed into useful solid (char) and liquid (BioOil) fuels. The balance is utilized to provide energy to the process.

3) Yields of Diesel/Gasoline from BioOil through the Stage 2 upgrading process of 37% have been achieved at bench-scale. The net overall yield from whole biomass to diesel/gasoline is approximately 25%, which to our knowledge is the highest ever reported.

4) Scale: Dynamotive's process is projected to be economically viable at 1/7 to 1/15 scale of competing technologies currently known or under development. It is projected that a plant processing under 70,000 tonnes of biomass a year would produce approximately 4,500,000 gallons of renewable gas-oil at under $ 2 per gallon. The scale factor enables distributed production i.e. plants can be developed in diverse locations creating sustainable "green" jobs, while being compatible with agro and forestry operations.

5) Flexibility: the two stage process developed by the Company also allows for the opportunity to further upgrade the stage 1 renewable gasoil into diesel and gasoline fuels at a centralized facility or the development of a fully integrated plant if production logistics and economics merit it. This provides for flexibility in development and application.

6) Investment: Given the plant scale, the investment required is comparatively low. Approximately $ 33 million will deliver a 15 year production capacity of approximately 67 million gallons of renewable transportation grade hydrocarbon fuels. This is a fraction of the capital cost per gallon and per plant required by proposed competing technologies.

7) Time to market; Dynamotive's pyrolysis platform is available today, with plants of 130 Mt and 200 Mt per day completed. The upgrading process uses conventional hydrotreatment equipment and process conditions allowing for rapid implementation at pilot and commercial scale.

8) Construction of an upgrading pilot plant is planned for later this year.

Dynamotive's path: The Company followed the philosophy that having small scale processing plants (against micro and large scale plants) would provide an opportunity for efficient management of biomass resources and economic operation. The approach allows access to biomass pools that otherwise would not be commercially accessible and allows for the development of distributed fuel production plants.

Dynamotive's technology is in its 5th generation, having progressed since 1995 to date from bench scale to first pilot at 500 kgs day and 2,000 kgs day, second pilot at 10,000 kgs day and 15,000 kgs day and first and second commercial at 130 and 200 tpd biomass input.

The Company also followed a product development path, aiming at producing renewable fuels that could be blended seamlessly with existing hydrocarbon fuels from biomass. The objective: integrating its products to existing infrastructure and engine technologies.

In doing so provide:

1) A Biomass based refiners input that is competitively priced at source (BioOil).

2) A finished product that would be capable of competing on level terms with existing hydrocarbon based fuels.

3) A finished product that would be compatible with existing infrastructure thus avoiding cost and complexity of dedicated storage, delivery, blend ratios and engine platforms.

Dynamotive through its approach proposes a practical alternative for advanced biofuels production and use which can be competitive on its own merits against traditional fossil fuels in a wide range of economic conditions.

Other Corporate Update:

In other corporate developments, Messrs. Terwilliger and Winsor have retired from the Board of the Canadian parent company but continue to sit on the Board of the Company's US subsidiary to assist management of the US operations. Dynamotive thanks these gentlemen for their valuable support over the last several years.

Cautionary Notes:

Although Dynamotive believes the yield and cost figures described herein are reasonable estimates based on its current knowledge, it cautions that these results were achieved at bench-scale levels only. While Dynamotive believes the process can be scaled-up using conventionally available upgrading equipment, until such upgrades are in place on a large scale and have operated for a longer term, these estimates may be subject to material adverse changes. Subject to availability of financing, construction of a first commercial upgrading pilot plant is planned for later this year. Although patents for the process will be filed shortly, there is no assurance that patents will ultimately issue or that proprietary protection will be available.

(R) BioOil is a registered trademark of DynaMotive Energy Systems Corp.

About Dynamotive

Dynamotive Energy Systems Corporation is an energy solutions provider headquartered in Vancouver, Canada, with offices in the USA and Argentina. Its carbon/greenhouse gas neutral fast pyrolysis technology uses medium temperatures and oxygen-less conditions to turn dry, waste cellulosic biomass into BioOil for power and heat generation. BioOil can be further converted into vehicle fuels and chemicals. Photographs of the Guelph and West Lorne plants may be seen on the company's website.

About BioOil(R) Biofuel

BioOil(R) is an industrial fuel produced from cellulose waste material. When combusted it produces substantially less smog-precursor nitrogen oxides ('NOx') emissions than conventional oil as well as little or no sulfur oxide gases ('SOx'), which are a prime cause of acid rain. BioOil(R) and BioOil Plus(TM) are price-competitive replacements for heating oils #2 and #6 that are widely used in industrial boilers and furnaces. They have been EcoLogo certified, having met stringent environmental criteria for industrial fuels as measured by Environment Canada's Environmental Choice Program. BioOil(R) can be produced from a variety of residue cellulosic biomass resources and is not dependent on food-crop production.

April 22, 2009 -- E-Clips Energy Technologies, Inc. (OTCBB: ECET | Quote | Chart | News | PowerRating and CPI Holdings, LLC, dba Champion Parts, ( Champion ) have signed a 'Letter of Intent' ( LOI ) regarding prospective development of specifications for prototype fuel efficiency systems for gasoline engines, using H-Hybrid Technology. The systems would be designed for easy retro-fit to most cars. The intention is for the parties to develop H-Hybrid units for a 'pilot project' leading to eventual large scale manufacture and distribution through automotive aftermarket suppliers.

The LOI relates to the development of a universal engine management control unit to restrict the flow of prime fuel into the engine, by electro-mechanical means. The 'saved' fuel is replaced by hydrogen and oxygen gasses, generated by an on-board electrolyser, using water as the secondary fuel. The parties propose that Champion may then test market the prototype H-Hybrid units to select procurement and sales executives in their network of retail outlets, to obtain a perspective on optimal configuration, size and pricing for the product embodiment of H-Hybrid technology.

The parties propose to jointly define specifications for an initial 'market test' version of H-Hybrid units from the HHO product line. Based on information gained from the market test phase, Champion and EET may then develop specifications for a refined 'pilot product' with a view to large scale fabrication.

The universal control unit for the restriction of prime fuel can be set at a determined level - 10% or 15%, thereby ensuring a fuel saving in line with the setting in the control unit. The electrolyser is capable of producing the volume of gasses required to replace the 'saved' prime fuel, without any additional electrical power requirement form on-board sources. This is a unique system which has a double market appeal; fuel economy and emission reduction.

The mix of hydrogen and oxygen gasses with gasoline provides for more complete engine combustion. In a test vehicle, EET reduced hydro-carbon and carbon monoxide emissions by over 90% with particulate emissions - soot - virtually eliminated. The system performs well in excess of current and proposed federal and state regulations for the reduction of emissions in road vehicles. It should be noted that as long ago as 1977, a NASA report indicated large emission reductions when hydrogen was mixed with gasoline before injection into a multi-cylinder engine.

EET owns the patents to the H-Hybrid System, which combines the generation of gasses from water, to the engine management system, which can be set to a specific fuel reduction. The market potential for this technology is 'extremely high,' there being some 230 million gasoline engines in registered road vehicles in the USA.

EET's CEO, Ben Croxton stated: "This agreement gives us a means of addressing the mass market for a universal H-Hybrid system to fit most gasoline engine vehicles. The potential is very large and Champion's nation-wide distribution system will enable a high demand product to be brought to consumers in all parts of the country."


E-Clips Energy Technologies, Inc. is an Energy Services Company and electronics manufacturer. EET's prime business focus is the development of technology for lowering electrical, gas and water usage for commercial, government and residential facilities. As a pioneer in the manufacture of the finest TVSS systems available in the market today, EET uses cutting edge technologies and unsurpassed design standards to provide its customers with full lifetime warranties on its products.

Apr 21, 2009 -- Galloway Energy Inc. (PINKSHEETS: GWGI | Quote | Chart | News | PowerRating ("Galloway" or the "Company") wishes to provide a follow-up to the recent announcement regarding the pending acquisition of natural gas productions rights located in West Texas.

Further to the announcement on April 13th, and to clarify matters, Galloway has secured a first right of refusal to participate in a large, gas production project located on 12,900 acres in the Barnett Shale area of West Texas. The target property has over 115 working wells currently in production, as a result of which Galloway's participation will result in immediate cash flow for the Company.

This acquisition positions Galloway with a junior position alongside a list of distinguished and well established companies in the area such as Chesapeake, Devon, EOG, XTO, and Quicksilver Exploration. Given that the Barnett Shale is one of the largest sources of Natural Gas in the USA with proven reserves of 2.5 Trillion cubic feet (Tcf), the opportunity could well extend far into the future as it is widely believed that the true reserves have the potential to ultimately prove in excess of 30 Tcf.

Company President and CEO Shane Lowry comments, "Recent successes with hydraulic fracturing and horizontal drilling techniques increasingly enable local operators to push the horizon on this already prolific producing region. The growing requirements for clean energy will inevitably impact and increase the demand and price for natural gas. These basic factors proved very compelling to us and were instrumental in determining that the immediate acquisition of producing assets is an increasingly strategic approach towards a potentially highly profitable outcome. Galloway plans to continue our process of strategic acquisitions and will expand on this aggressive quest during what appears to be a period of significant undervaluation in order to roll up as many profitable opportunities as quickly as possible."

Apr 22, 2009 -- NeoMedia Technologies, Inc. (OTCBB: NEOM), the global leader in mobile barcode scanning solutions, has finalized its patent licensing program and begun negotiations with interested vendors.

In response to the successful reexamination by the USPTO of NeoMedia's "Barcode Lookup Patent", NeoMedia has moved assertively to re-energize the U.S. mobile barcode marketplace by helping lead a pivotal interoperability pilot and initiating a licensing program both designed to unify the marketplace.

"Now that the patent situation has been clarified, we are looking forward to quickly establishing a viable system that provides the critical elements needed to attract advertisers: reliability and scale. Our recent partnership with NeuStar demonstrates that an interoperable infrastructure is deployable now and provides advertisers with a trusted solution that delivers the largest audience in the U.S. mobile barcode marketplace. It was a great success and a real rallying point for the industry," stated Iain McCready, CEO of NeoMedia.

In keeping with its vision and commitment to developing an interoperable global ecosystem, NeoMedia is licensing its technology to foster innovation and competition in the creation of exciting new mobile barcode applications and services for the advertising industry. NeoMedia's licensing program is available to all participants who are interested in becoming part of a collaborative ecosystem aligned and committed to growing the mobile barcode marketplace.

"Between the PTO ruling and the NeuStar pilot, the interest in our technology and services is spiking on both the vendor and advertiser fronts. We've had some key brand deployments in Europe leveraging NeoSphere, our new code management platform and we've had strong initial interest in our licensing program as well," said Dean Wood, VP of Business Development for NeoMedia.

NeoMedia has recently requested the stay be lifted in their pending infringement case against Scanbuy. At a pre-trial hearing on April 17th, NeoMedia pushed for the case to move forward on an expedited basis.

About NeoMedia Technologies

NeoMedia Technologies, Inc. is the global leader in mobile barcode scanning solutions. Our technology allows mobile devices with cameras to read 1D and 2D barcodes and provide "one click" access to mobile content. Combining this technology with advanced analytics and reporting capabilities revolutionizes the way advertisers market to mobile consumers. NeoMedia provides the infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable - worldwide.

The company's mobile phone technology, NeoReader, reads and transmits data from 1D and 2D barcodes to its intended destination. Our Code Management and Code Clearinghouse platforms create, connect, record, and transmit the transactions embedded in the 1D and 2D barcodes, like web-URLs, text messages (SMS), and telephone calls, ubiquitously and reliably. NeoMedia provides the industrial and carrier-grade infrastructure to enable reliable, scalable, and billable commerce. NeoMedia was founded in 1989, and is based in Atlanta, Georgia. It currently has 30 active patents spanning 13 countries, with 29 additional patents pending.

Apr 22, 2009 -- Searchlight Minerals Corp. (OTCBB: SRCH| Quote | Chart | News | PowerRating (the "Company"), an exploration stage minerals company focused on the acquisition and development of projects in the southwestern United States, is pleased to provide the following update on activities at its Clarkdale Slag Project in Clarkdale, Arizona.

Since the Company received all regulatory approval for the operation of its initial production module in January 2009, the Company has been testing the operation of the major equipment components and processing circuits within its 100 to 250 ton-per-day production module. The Company has focused on optimizing the results of operations of its precious metals circuit for the extraction of gold and silver.

"Our initial goal has been to achieve consistent levels of gold and silver extraction from pregnant solution and resins that would support the economic feasibility of a commercial production facility," stated Ian McNeil, Chief Executive Officer of the Company. "I am pleased to report that we have made progress in this regard. Our internal laboratory testing has reflected consistent levels of extractable precious metals in pregnant leach solutions from the Clarkdale slag material. We believe that we can improve extraction rates further by optimizing the grind, the chemical characteristics of the leach solutions and the amount of residence time required for maximum grind and leach efficiency.

"Our crews have been running the precious metals circuit for several weeks, and we have started to internally generate consistent levels of extractable precious metals, including gold and silver, on a repetitive basis. We have also commissioned tests by independent and unaffiliated external laboratories to test and analyze the pregnant leach solutions for precious metals content. Although not final, the external labs have verbally and preliminarily indicated to us that they have achieved similar results to our internally generated findings.

The Company is also commencing an additional analytical check of producing physical precious metals by fuming the loaded resins to calculate extractable precious metals. "We intend to use both analytical methods in order to evaluate our internal results through the testing by independent laboratories, and to compare the results to the previous chain-of-custody certification of the gold grade of the slag pile," added McNeil.

"Based upon the preliminary results of the tests conducted by these laboratories, the Company has now reached the stage where it will soon engage an independent engineering firm to analyze the internal operating results of the gold circuit, which we believe comprises the majority of the potential value of the entire Clarkdale Project," continued McNeil. "We will ask the independent engineers to determine (1) that gold can be recovered from the slag using our process and (2) the amount of troy ounces of gold recoverable per ton of slag. This independent evaluation process will be conducted in accordance with chain-of-custody standards. If these prospective independent studies validate our preliminary internal results, we believe that we will have a better understanding of how to pursue the next milestones in the achievement of our strategic business goals."

Current Operations

The Clarkdale facility is currently operating twenty-four hours a day, seven days a week, in order to optimize the efficiency of the first production module. The team at Clarkdale processes material daily through the crushing and grinding circuits, with the output from the vibratory grinder then delivered to the Company's on-site laboratory for leaching and metals extraction analysis. Full-scale leaching is also underway, and the chlorine dioxide generator, a chemical feed to the leach circuit, has been installed and is fully functional. Currently, the 'pregnant' leach solution is being routed through a state-of-the-art series of Ion Exchange (IX) recovery columns that are designed to extract gold and silver from solution and load the metals on chelating resins with an affinity for only precious metals.

"Our primary emphasis, to date, has been upon the optimization of the crushing and grinding circuit, since a proper grind is critical to the liberation of the sub-micron gold and silver particles from tiny vienlets within the slag material," continued McNeil. "Feed material must be properly ground and slurried into the leaching tanks, where precious and base metals are dissolved into solution. Upon exiting the series of six agitator tanks in the leaching circuit, the remaining solids are removed in a filtration system, leaving a 'pregnant solution' from which the metals can be extracted in the IX recovery columns.

"During the 'shakedown' process that has been underway since January, we have encountered a variety of challenges and delays not uncommon to the start-up phase of any complex production process designed to operate on a continuous basis. For example, the failure of a heavy-duty mount beneath the 50-ton vibratory grinder curtailed operations during February, and while the manufacturer replaced the component under warranty as soon as possible, we lost approximately two weeks of valuable grinding time as a result. All components of the grinding circuit have been operating efficiently since that time, and we have made progress in perfecting the grind and evaluating resonance times in the grinder.

"We have experienced and overcome certain challenges within our leach circuit, where the agitators, which are critical to the leach process, had to be altered during the scale-up period. We were also faced with some water balance issues following the addition of certain chemicals to the circuit. Additionally, we have altered the filtration circuit to accommodate the very fine material. We expect to encounter other challenges as we progress towards continuous plant operations, and I am confident in our team's ability to address such issues on a timely basis as they arise.

"Even though the Project has taken longer than any of us desired or expected, management and our technical team of advisors are very pleased with the results that have been achieved. The Company will be very active as we complete the independent verification of the precious metals circuit and continue our progress towards running the plant on a continuous basis once the base metal extraction circuits are commissioned.

"It is important to recognize that commissioning of the base metals circuits for the extraction of copper and zinc should be forthcoming on a timely basis. During the start-up of the gold circuit, the Company had to commission the crushing, grinding, leaching, filtering and extraction processes. Start-up of the base metals circuit begins with the pregnant solution and focuses on a two-stage extraction process comprised of Ion Exchange resin extraction and the electrowinning (EW) of plated metals. All of the major equipment components have been installed in the EW building, which is located adjacent to our primary production facility.

"Once the EW circuit has been commissioned and optimized, we believe the Company will be able to start extracting copper and zinc from pregnant solutions and operating the entire production module on a continuous basis. The final two steps will involve a feasibility study of the entire plant and assuming adequate sources of financing are available, we anticipate expanding capacity by adding multiple production modules," concluded McNeil.

About Searchlight Minerals Corp.

Searchlight Minerals Corp. is a minerals exploration company focused on the acquisition and development of projects in the southwestern United States. The Company is currently involved in two projects: (1) the Clarkdale Slag Project, located in Clarkdale, Arizona, is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ores mined at the United Verde Copper Mine in Jerome, Arizona; and (2) the Searchlight Gold Project, which involves exploration for precious metals on mining claims near Searchlight, Nevada. The Clarkdale Project is the more advanced of two ongoing projects that the Company is pursuing. The Searchlight Gold Project is an early-stage gold exploration endeavor on 3,200 acres located approximately 50 miles south of Las Vegas, Nevada.

Searchlight Minerals Corp. is headquartered in Henderson, Nevada, and its common stock is listed on the OTC Bulletin Board under the symbol "SRCH."

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