ESI Entertainment Systems Inc. ("ESI") (TSX: ESY) today announced that it has undertaken a restructuring of the Company and its subsidiaries following its exit from transaction processing business for non-domestic Internet gaming merchants to and from U.S. consumers. The restructuring included both workforce and non-workforce related measures.

Zaio Corporation (TSX-V:ZAO) today reported January 2007 sales of over $575,000 from the sale of 70 Zone licenses. "Sales activities for 2007 are off to a rapid start even though we began our sales presentations in mid- rather than early January due to many of our customers' extended vacations," said Thomas Inserra, Zaio CEO. "Lenders also began using Zaio's valuation products in late 2006 and their usage will be detailed in a future press release," he added.

WATCH RESOURCES LTD. ("Watch" or the "Company") is pleased to release the following update on its upcoming nineteen (19) well drilling program for 2007. The Company started on Wednesday, February 7, 2007, with its budgeted drilling program for 2007. The Company has contracted a rig to move and spud the first of nineteen (19) new wells on Thursday, February 8, 2007.

Standard & Poor's Canadian Index Operations announces the following index changes: Gold Fields Limited (NYSE:GFI) has completed the acquisition of Western Areas Limited (JSE:WARJ). The relative weight of Gold Fields Limited will increase in the S&P/TSX Global Gold Index to reflect the issuance of shares as part of the transaction, which will be effective after the close of Tuesday, February 13, 2007.

Pioneer Natural Resources Company (NYSE:PXD) announced today that its board of directors has approved a 2007 capital budget of $1.1 billion (which excludes acquisitions, asset retirement obligations, capitalized interest and geological and geophysical G&A), a decrease of approximately $200 million from comparable 2006 capital spending.

The Board of Western Areas is pleased to announce that drill hole FFD 183 has intersected 3.9m of high grade massive and stringer nickel sulphides in a previously untested area of the Flying Fox mine. The estimated average grade of the intersection is 5.6% nickel based on initial results using a portable XRF analyser. Final assays are required to confirm nickel grades which will be announced when they are available.

Pioneer Natural Resources Company (NYSE:PXD) today announced that as of December 31, 2006, its total proved oil and gas reserves were 905 million barrels oil equivalent (MMBOE). During 2006, Pioneer replaced 200% of production at a finding and development cost of $18.36 per barrel oil equivalent (BOE).

A Cease Trade Order has been issued by the British Columbia Securities Commission on February 6, 2007 against the following companies for failing to file the documents indicated within the required time period:

Great Lakes Hydro Income Fund today reported its financial and operating results for the fourth quarter and year ended December 31, 2006. The Fund provides additional information on its strategy and 2006 results in its Letter to Unitholders and Supplemental Information available at www.greatlakeshydro.com under Investor Relations/Financial Highlights.

Pioneer Natural Resources Company (NYSE:PXD) today announced financial and operating results for the quarter and year ended December 31, 2006.

Globalstar, Inc. (Nasdaq: GSAT), a leading provider of mobile satellite voice and data services to businesses and individuals, announced that two typographical errors were made in its press release titled, "GLOBALSTAR, INC. FILES FORM 8-K WITH SEC" which was released on February 6, 2007.

Great-West Lifeco Inc. will release its fourth quarter financial results on Thursday, February 15, 2007. The results will be discussed in an analyst conference call hosted by company management which will be audio webcast at 3 p.m. (EST) on February 15.