Sonus Networks, Inc. (Nasdaq:SONS) a market leader in next-generation IP-based network solutions, announced that Onvoy Voice Services, a provider of wholesale telecom services to wireline and wireless telecom companies, has teamed with Sonus to support Onvoy’s expansion initiatives. The Onvoy deployment includes Sonus’s GSX9000 media gateway, PSX centralized route server, SGX signaling gateway and Element Management System installed in facilities in Minneapolis, Denver and New York.

Sonus Networks, Inc. is a leader in IP networking with proven expertise in delivering secure, reliable and scalable next-generation infrastructure and subscriber solutions. With customers in over 50 countries across the globe and over a decade of experience in transforming networks to IP, Sonus has enabled service providers and enterprises to capture and retain users and generate significant ROI.

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Majestic Gold Corp. (MJS.V)
Gold was always an alternate currency, its reserves are held by Governments i.e., Central Banks/ institutions of various countries. A survey carried out in recent years revealed that US, Germany, France, Italy, Switzerland, Netherlands, Japan, Portugal, Spain and China were the countries where official gold holdings stood over 500 tons.

Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. At present, Majestic Gold Corp. is aggressively pursuing a pre-feasibility study. A recently announced agreement will increase Majestic’s effective ownership from 54 to 94 % and has allowed the property to commence production at an initial rate of 1,400 tpd. With a contract that fixes operating costs and allows use of land and equipment, Majestic anticipates to have a positive cash flow, within a matter of months.

Majestic Gold Corp. announced that Wardrop, A Tetra Tech Company, (”Wardrop”) has completed and delivered a positive Preliminary Assessment (”PA” or “Preliminary Assessment”) for the Songjiagou Gold Project located in Shandong Province, People’s Republic of China.

Highlights are as follows:
– Net Present Value of US $525 million using a 10% discount rate.
– Internal Rate of Return of 78.6%.
– Payback in 1.4 years
– Total gold production of 2.324 million ounces (average 105,645 oz/yr) for life-of-mine
– Life-of-Mine strip ratio 1.87: 1 (waste to ore)
– Mine-Life of 22 years.

The Preliminary Assessment provided by Wardrop has exceeded their expectations and would form the basis for their continued development of the Songjiagou project.

For more information, kindly visit http://www.majesticgold.net/homeabout.html

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Camtek Ltd. (Nasdaq:CAMT) announced its financial results for the quarter ended March 31, 2011. Revenues for the first quarter of 2011 increased 56% to $27.5 million, compared to $17.6 million in the first quarter of 2010. Revenues grew 8% sequentially, and came in slightly above the formerly issued guidance range of between $25-27 million. The ongoing growth is as a result of the continued increase in demand from customers as well as the penetration into new customers and increasing sales of the Company’s new products. Gross profit on a GAAP basis in the quarter totaled $12.8 million (46.6% of revenues), compared with $7.0 million (40% of revenues) in the first quarter of 2010. Gross profit on a non-GAAP basis in the quarter totaled $12.9 million (47.0% of revenues), compared with $7.3 million (41% of revenues) in the first quarter of 2010. Operating income on a GAAP basis in the quarter was $3.0 million (10.8% of revenues) compared with an operating loss of $0.4 million in the first quarter of 2010. Non-GAAP operating income was $3.1 million (11.5% of revenues) in the quarter compared with an operating loss of $0.1 million in the first quarter of 2010.

Camtek Ltd. designs, develops, manufactures, and markets automatic optical inspection (AOI) systems and related products in the Asia Pacific, North America, and Europe. The company’s AOI systems are computerized systems that optically inspect various electronic product components for defects caused during the manufacturing process.

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Cobra Electronics Corp. (Nasdaq:COBR) a leading global designer and marketer of mobile communications and navigation products, reported that its net loss for the first quarter of 2011 fell $534,000, or 40.5 percent, to a seasonal net loss of $783,000, or $0.12 per share, for the first quarter of 2011 from a net loss of $1.3 million, or $0.20 per share, in the first quarter of 2010. Net sales for the current quarter increased $1.4 million, or 6.4 percent, to $22.4 million from $21.1 million for the prior year’s first quarter. “We are pleased to report to our shareholders greatly improved performance for the first quarter as compared to last year,” said Jim Bazet, Cobra’s Chairman and Chief Executive Officer. “This performance continued the steady progress we made during 2010 to improve our business by growing our top line and tightly managing our selling, general and administrative expense. These efforts helped drive the improvement for the first quarter.”

Cobra Electronics Corporation engage in the design and marketing of two-way mobile communication products and mobile navigation products in the United States, Canada, and Europe. It operates in two segments, Cobra Consumer Electronics and Performance Products Limited. The Cobra Consumer Electronics segment offers two-way radios; integrated radar/laser detectors; Citizens Band radios; power inverters and jump starters; marine electronics; photo-enforcement and safety detection; and mobile navigation products.

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