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Mining software maker posts 51% increase in annual revenue

Vancouver's Gemcom Software International (TSX:GCM) reported a 51% increase in revenue and a similar increase in profit for its fiscal year ending March 31, 2008. Annual revenue jumped to $54.2 million from $35.8 million a year earlier.

Vancouver biotech finalizes US$2.4 million acquisition of California company's assets

Pyng Medical Corp. (TSX-V:PYT) has completed its acquisition of selected assets from California-based Bio Cybernetics International. Pyng bought the trauma-related medical device assets from Bio for US$2.4 million.

Transition period for 10-digit dialling in B.C. begins in two weeks

Ten-digit dialling in B.C. is on its way. Starting June 23, the transition to 10-digit dialling for all local calls will begin across the province.

Production delays carve into quarterly revenue for Richmond tech firm

Richmond's International Technologies Corp. (TSX-V:ITI) reported a 65% drop in revenue during its first quarter ending March 31, 2008, due to production and supplier delays. First-quarter revenue fell to $1.1 million from $3.1 million.

Silvercorp Metals completes $62 million acquisition of Chinese mine

Vancouver's Silvercorp Metals Inc. (TSX:SVM) has completed its $61.95 million purchase of Yangtze Gold Ltd., a private company that owns a silver, lead and zinc mine in China's Guangdong province.

Vancouver beryllium mining company adds another U.S. manufacturer to its shopping list

International Beryllium Corp. (TSX-V:IB) plans to buy a U.S. beryllium product manufacturer for an undisclosed sum after the Vancouver company signed a letter of intent to buy the private company, whose name was not disclosed.

Vancouver oil and gas services firm signs $15.6 million contract

A subsidiary of Vancouver's FirstGrowth Exploration & Development Services Corp. (TSX-V:FGC) has signed its largest contract thus far with a private Saskatchewan potash exploration company. FirstGrowth's Calgary-based Kinetex Inc.

Westport engines to power California farm trucks

Vancouver's Westport Innovations Inc. (TSX:WPT) has received its largest commercial order of its heavy-duty liquefied natural gas engines.

Family-owned commercial printer merges with Vancouver competitor

One of Vancouver's oldest commercial printers has decided to wind up operations after 97 years in business. Broadway Printers, which has been in the Blockberger family for four generations, has been sold to Thunderbird Press.

MDA extends its contract on NATO air command and control project

Richmond's MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has received a $3.6 million contract extension to replace the air command and control system for NATO in Europe.