HAIFA, Israel, December 16 /PRNewswire/ -- Oil Refineries Ltd. (TASE: ORL.TA) (the Company or ORL), Israel's largest oil refiner, announced today that it has received the following two announcements from Carmel Olefins Ltd. (CAOL, a 50%-held private company in which ORL has entered into an agreement to purchase the balance its shares as outlined in the Press Release of June 25, 2008).

1. The announcement of Midroog Ltd. regarding the downgrading of CAOL's debenture credit rating (Series A) from Aa2 with a Negative Outlook to A1 with a Stable Outlook, together with the main reasons for the rating.

GAITHERSBURG, Maryland and BERN, Switzerland, December 16 /PRNewswire/ --

- Patton establishes Milan operations center in response to escalating requirements from regional carriers and enterprises for reliable and cost-effective datacom, telecom, and VoIP equipment

Patton -- the leader in business-class network access, connectivity, and VoIP equipment -- together with Patton-Inalp Networks AG -- creator of SmartNode(TM) industry-leading VoIP technology -- has inaugurated a regional sales office in Milan, Italy.

WASHINGTON, December 16 /PRNewswire/ --

The Tbilisi City Court has rejected a legal motion brought by the Russian mobile telephone carrier Megafon seeking the dismissal of a fine imposed on the company by regulatory authorities for illegal unlicensed operations in South Ossetia and other areas of Georgia's sovereign territory. The court's decision is the latest in a series of judgments confirming Megafon's activities in Georgia, which regulators say dates back to 2005.

GAITHERSBURG, Maryland and YORK, England, December 16 /PRNewswire/ --

- Butler Brings Strong Leadership, Vision and Experience to Company

Xceleron, the global leader in predictive clinical research to enable smarter, safer drug development, announced today Michael Butler, Ph.D., has been named President and CEO after an extensive global candidate search. Dr. Butler brings to Xceleron a balance of sales, operations and management know-how, including significant experience in expanding science-driven businesses.

MALVERN, Pennsylvania and BASEL, Switzerland, December 16 /PRNewswire/ --

- Fujirebio Diagnostics' HE4 Test will be Available Through Roche Diagnostics' Automated Immunoassay Analyzers

Fujirebio Diagnostics, Inc. and Roche Diagnostics announced today a worldwide license and supply agreement for the HE4 ovarian cancer test. Under the agreement, Roche will develop an assay kit utilizing Fujirebio Diagnostics' HE4 test on its automated immunoassay analyzers.

LONDON, December 16 /PRNewswire/ -- In the news release, MPs Demonstrate Their Support for Pleural Plaques Victims issued on 16 Dec 2008 14:32 GMT, by Unite the Union over PR Newswire, we are advised by a representative of the company that the location of the Photocall mentioned in the 2nd subheader should be New Palace Yard rather than Old Palace Yard as originally issued inadvertently. Complete, corrected release follows:

- Photocall: 1pm, Wednesday 17 December, 2008

- New Palace Yard, House of Commons, Westminster, SW1A 0AA

LONDON, December 16 /PRNewswire/ --

- Photocall: 1pm, Wednesday 17 December, 2008

- Old Palace Yard, House of Commons, Westminster, SW1A 0AA

MPs will gather for a photo-op as an Early Day Motion calling for the damaging 2007 Lords ruling ending the right to compensation is laid before the Commons, signalling the growing concern among MPs that the Ministry of Justice has yet to make clear what steps it will take to provide support for thousands of UK workers scarred by pleural plaques. The EDM has already been endorsed by 87 MPs.

FRANKLIN, Wisconsin, December 16 /PRNewswire/ --

VUANCE, Ltd. (Nasdaq: VUNC), a leading provider of innovative Radio Frequency Verification Solutions, including active RFID, electronic access control, credentialing, accountability and incident response management, today announced that it was notified by the Nasdaq Stock Exchange on December 11, 2008 that the Company does not comply with the continued listing requirements of Marketplace Rule 4310(c)(3), which requires the Company to have a minimum of US$2.5 million in stockholders' equity, or US$35 million in market value of listed securities, or US$500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years.

LONDON, December 16 /PRNewswire/ -- Unite the UK's largest union is outraged at the decision by French multinational Alsthom to allow its sub-contractors not to use local or UK based labour during the construction of a new power station in Kent.

Alsthom has been contracted by Eon to build a gas-fired power station near Grain in Kent. Unite sought assurances that Alsthom would provide a level playing field for UK workers during the process for sub-contracting by including a clause in the tendering process, that any sub contractor would endeavour to use UK or local labour. Alsthom refused and then appointed Polish construction company, Remak.

NEW YORK, December 16 /PRNewswire/ --

- TraderTools' customers can now access, and execute on, liquidity from market-leading trading platforms at the press of a button

TraderTools Inc. (TraderTools), a provider of business solutions, software and services to financial institutions trading FX, announced today the launch of AI-1, an all-in-one, compact keyboard -- the only tool needed to trade FX using TraderTools' Liquidity Management Platform(TM) (LMP).

(Photo: http://www.newscom.com/cgi-bin/prnh/20081216/NY52601 )