OTC BB Penny Stock News for Jan 12 - ETAK, SLGLF, TSTA, SPKL.

M2 PRESSWIRE-January 12, 2011-Stock Pick: OTC BB Penny Stock News for Jan 12 - ETAK, SLGLF, TSTA, SPKL(C)1994-2011 M2 COMMUNICATIONS

RDATE:12012011

Stockpick.pro brings you all the stock news: Elephant Talk Communications, Inc. (OTCBB: ETAK), Silverado Gold Mines Ltd. (OTCBB:SLGLF), TurboSonic Technologies Inc. (OTCBB:TSTA), Spicy Pickle Franchising Inc. (OTCBB: SPKL)

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Elephant Talk Communications, Inc. (OTCBB: ETAK)

LONDON -- 01/12/11 -- Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), an international provider of business software and services to the telecommunications and financial services industries, today announced that the company has signed a Memorandum of Understanding (MOU) agreement with Cleartech to become its Mobile Virtual Network Enabler (MVNE) partner in Brazil. Elephant Talk will provide infrastructure services to the growing marketplace of Mobile Virtual Network Operators (MVNOs) and their end-user customers. Cleartech, a joint-venture by the leading Brazilian IT companies EDS, CPqD and DBA Engenharia, is a clearinghouse of telecom companies that manages interconnections and services shared by telecom operators in the country, which has a mobile penetration that recently reached 100 percent in a population of about 200 million people.

"With the recent approval of the MVNO regulation by the Brazilian regulator Anatel, the last barrier for MVNOs to enter the market has been removed," stated Steven van der Velden, Chairman and CEO of Elephant Talk. "The partnership comes at an extremely opportune time, as many large companies in Brazil, such as banks and financial institutions, retail chains, media companies, and alternative carriers are now assessing their opportunities to enter the market as an MVNO. Many new MVNO market entrants from abroad are also expected to enter the Brazilian market to obtain a part of this highly potential business."

Brazil is estimated to be among the fastest growing emerging global economies and is considered to be one of the largest potential MVNO markets. Experts believe the Brazilian MVNO market has the potential to grow to between 20 and 50 million mobile clients in a 10-year-period. Elephant Talk and its established local partner Cleartech plan to leverage its strengths in IT and software services to obtain substantial market share in the evolving Brazilian market. The strategic partnership with Cleartech is important to Elephant Talk's vision of deploying its next-generation mobile telecom platform to approximately 7 to 10 countries by year end of 2012. Elephant Talk is already established in Spain, Belgium and The Netherlands. The Cleartech partnership allows for ETAK's previous European MVNO clients to expand into the emerging Brazilian market.

"Elephant Talk's MVNE platform is an integrated system that is cost-effective, and flexible to operate, that will enable Cleartech's telecom operators to connect and unlock enormous possibilities," explained Martin Zuurbier, Chief Technical Officer of Elephant Talk. "Now the required radio access will be arranged by our leading-edge full convergent mobile platform with all mobile systems required, such as HLR, SMSC, MMSC, GMSC, STP, GGSN, SGSN. There will be integration of all of these aspects to the fullest extent with banks, media and payment systems to support all 4G services."

Elephant Talk's technology reduces over 20 telecommunication systems to just one platform for all MVNE/MVNO process domain areas. The software provides the ability in Brazil to use the combination of Elephant Talk's unique product portfolio that includes value-added ValidSoft technology in the battle field of credit card, fraud security and voice biometrics. ValidSoft, Inc. (www.validsoft.com), a subsidiary of Elephant Talk, is a market leader in providing authentication and transaction verification solutions to counter electronic fraud relating to card, internet, and telephone channels. ValidSoft is the first security software company to be granted the rigorous European Privacy Seal, and has also proven compliance in the U.S., Hong Kong, Singapore, Australia and Mexico.

Marcos Bellotti, Business and Regulatory Director for Cleartech, the leading Brazilian Business Process Outsourcing (BPO) service model for Call Data Records (CDR), and one of the largest in the world, stated, "Cleartech is very proud to partner with ET. This partnership allows us to continue providing the Brazilian market with world class services. With our Telecom and Business experience in Brazil together with Elephant Talk's experience in the MVNO domain, we are certain we have the best platform for our customers with a flexible business model and strong competitive advantages."

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Silverado Gold Mines Ltd. (OTCBB:SLGLF)

VANCOUVER, BRITISH COLUMBIA--(Jan. 11, 2011) - Silverado Gold Mines Ltd. (OTCBB:SLGLF)(FRANKFURT:SLGL) (the "Company" or "Silverado") announced today the release of a 36 page report on the Company's 100% owned and operated Nolan Creek gold and antimony mine. To view the report, go to http://www.silverado.com/d/nolan-mine-report-jan-2011.pdf.

"The report summarizes certain information gathered to date on the Nolan project," stated Garry Anselmo, President and CEO of Silverado. "The key to understanding the report is to review the cross references when you come to them. This will have the effect of walking the reader through the property."

The Nolan Creek gold and antimony mine is located in Arctic Alaska, approximately 280 miles north of Fairbanks in the historic Koyukuk Mining District.

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TurboSonic Technologies Inc. (OTCBB:TSTA)

WATERLOO, ONTARIO--(Jan. 11, 2011) - TurboSonic Technologies Inc. (OTCBB:TSTA), a global provider of clean air technologies, today announced that it has been awarded a US$1.2 million contract for design and supply of its proprietary Turbotak ammonia injection technology for selective non-catalytic reduction (SNCR) of nitrogen oxides (NOx), a combustion by-product that is harmful to the environment. The equipment was ordered by a South American Cement producer for 4 of its facilities, with delivery scheduled during the current fiscal year ending June 30, 2011.

TurboSonic's NOx control technology relies on patented Turbotak spray atomization technology for generation of ultra-fine droplets. For more information on Turbotak Atomizing Nozzles, visit: http://www.turbosonic.com/products/nozzles/turbotak.

Edward Spink, TurboSonic CEO, expressed, "TurboSonic has established its NOx control technology in North America on cement kilns and waste-to-energy plants. This repeat order, from a large multi-national corporation, is our first order for NOx control from the Cement industry in this region, and results from our efforts to increase market penetration and broaden our established reference base."

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Spicy Pickle Franchising Inc. (OTCBB: SPKL)

DENVER, CO -- 01/11/11 -- Spicy Pickle Franchising, Inc. (OTCBB: SPKL) today announced the appointment of Peter Wright as its new Chief Development Officer.

Mr. Wright is now responsible for franchise sales, real estate, architecture, construction and equipment. Prior to joining Spicy Pickle, Mr. Wright had over 13 years' experience in franchising and licensing in both traditional and non-traditional development channels in the U.S., Canada and other international markets.

His experience includes posts with several prominent brands such as The Counter, a specialty burger concept, Panera Bread Co., and Starbucks Coffee Co. His franchising experience primarily consisted of negotiating development agreements with experienced multi-unit restaurant operators. Mr. Wright's licensing experience included brand development in airports, colleges and universities, business and healthcare locations, convention and special event venues, and hotels. Additionally, Mr. Wright previously worked for Equity Office Properties, a national real estate investment trust; Think!, Inc., a negotiation strategy consultancy; and Xerox Corp. He received a BA degree from Loyola University, Chicago, and completed programs at Harvard University's Division of Continuing Education: Professional Development.

In making the announcement, Chief Executive Officer Mark Laramie said, "Peter is a welcome and necessary addition to our management team. His proven performance in multi-unit and non-traditional development should help us accelerate our growth plan."

In other news, the company reported it has signed a contract with a new franchisee, in Minot, North Dakota. This franchisee will be doing business as Nodak Spickle, LLC, owned and operated by a 26 year resident of Minot. The franchisee is currently seeking a site.

The company also reported it has taken several actions to improve its guests' experiences in the Spicy Pickle restaurants. It has increased the meat amount in all of its sandwiches; is now serving orders on upscale white plates instead of traditional plastic baskets; and is introducing a new, exclusive bread formulation in its stores. In addition, bread will now be baked fresh daily in all stores instead of at night in its commissary, as it was previously done for half of its stores. In the BG Urban Cafe brand group, the company reported that four of its restaurants have now been rebranded under that new name and format, and they are on schedule to have all stores converted by April 2011.

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