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Gold American Mining Corp. Identifies Significant Geophysical Anomalies at High-Grade Guadalupe Property

Gold American Mining Corp. (OTC.BB: SILA) (”Gold American” and/or “the Company”) is pleased to announce that it has received the final ground geophysics report on its Guadalupe property and confirms that the recently concluded geophysics program has identified multiple potentially significant geophysical anomalies.

The geophysical survey was designed to test down to depths of 500 metres. The key results from the geophysics program are:

• Magnetic susceptibility survey was successful in identifying the trace near the surface extensions of the known veins. The presence of additional parallel anomalies suggests the potential for additional veins that do not outcrop.
• Induced Polarization anomalies indicate the potential for down dip extensions to the main veins within the property.
• A potentially significant chargeability anomaly (Induced Polarization) occurs in the southern portion of the property in between the Santa Rosa and San Antonio Mines at depth starting at 400 m, which is below the known depth of these historically important mines.

“The final results and interpretation of the geophysics results on our Guadalupe property have given us very attractive drilling targets. We are in the process of acquiring firm bids from several qualified drilling contractors and initiating the permitting process for the next phase of exploration of this exciting project,” commented Johannes Petersen, President of Gold American. “Gold American is well on track to initiating drilling operations on Guadalupe during the fourth quarter of 2010,” added Mr. Petersen.

THE GUADALUPE PROPERTY

The Guadalupe property contains two historically significant mines and is located in one of Mexico’s oldest mining districts, roughly 5 miles north of the Fresnillo (Proaño) Mine, the world’s richest underground silver mine, operated by Fresnillo plc.

Roughly 6.8 miles to the southwest of Silver America’s Guadalupe Property is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG) and Fresnillo plc, which is known as one of the world’s highest grade undeveloped silver resources.

The Property contains greater than 20 known workings as well as two historic mines — Santa Rita and San Antonio.

Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s. The property is completely surrounded by land controlled by Peñoles (either through Fresnillo or other subsidiaries and partners).

ABOUT GOLD AMERICAN MINING CORP.

Gold American Mining Corp. is a publicly traded precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

www.gold-american.com

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Competitive Technologies’ Common Stock Expected to Trade OTC

Competitive Technologies, Inc. (NYSE Amex:CTT) announced yesterday that its common stock is expected to trade on the Over-the-Counter Bulletin Board (”OTCBB”) after receiving notification that the NYSE Amex, LLC (the “Exchange”) plans to suspend trading in the Company’s common stock effective at the open of trading on September 3, 2010.

The Company will follow the formal application procedures and notify investors as soon as possible of the new trading symbol and the final status of the fund raise with the Crisnic Fund that was announced June 2, 2010. The Exchange informed CTT of its determination, subsequent to the August 25, 2010 oral hearing before the Exchange’s Listing Qualifications Panel, which affirmed the Exchange Staff’s earlier determination to delist the Company’s securities from the Exchange primarily due to continued losses and low equity.

The CTT Board of Directors stated that they are disappointed with the Exchange’s decision; however, they are committed to moving the Company toward profitability and to building a stronger organization going forward. The Board considers this to be a temporary situation until the Company has demonstrated continued profitability from its strong product and looks forward to regaining listing on a major exchange.

The marketing plan that is now established for the Calmare medical device is beginning to show success and the product is reaching numerous potential customers. The Company continues to receive significant positive feedback as to the success of the Calmare therapy treatments and these successes are beginning to drive the market.

Competitive Technologies, established in 1968, provides distribution, patent and technology transfer, sales and licensing services focused on the needs of its customers and matching those requirements with commercially viable product or technology solutions. CTT is a global leader in identifying, developing and commercializing innovative products and technologies in life, electronic, nano, and physical sciences developed by universities, companies and inventors.

www.competitivetech.net

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ZBB Energy Clarifies Security Purchase Agreement With Socius

ZBB Energy Corporation (AMEX: ZBB), a leading developer of intelligent, renewable energy power platforms, clarifies the complete operation of the Securities Purchase Agreement with Socius CG II, Ltd. (”Socius”). Under the Securities Purchase Agreement, ZBB has the right over a term of two years, subject to certain conditions, to require Socius to purchase, in separate tranches, up to $10 million of redeemable subordinated debentures and/or shares of redeemable Series A preferred stock.

ZBB Energy Corporation provides distributed intelligent power management platforms that directly integrate multiple renewable and conventional onsite generation sources with rechargeable zinc bromide flow batteries and other storage technology.

This platform solves a wide range of electrical system challenges in global markets for various types of sites with utility, governmental, commercial, industrial and residential end customers. A developer and manufacturer of its modular, scalable and environmentally friendly power systems (”ZESS POWR™”), ZBB Energy was founded in 1998 and is headquartered in Wisconsin with offices also located in Perth, Western Australia.

http://www.zbbenergy.com

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