TOsaying a Canadian court ruling had left it no option

OREM, Utah, Jan. 20 /PRNewswire/ FreeLinc, the pioneer and market leader insecure wireless capabilities, announced today that it is the recipient of aPhase I Small Business Innovation Research (SBIR) award from the SoldierSensors Branch of the US Army Night Vision & Electronic Sensors Directorate(NVESD) Ground Combat Systems Division. The agreement with NVESD is the kickoff of an effort to integrate FreeLinc's Near Field Magnetic CommunicationsTechnology into the Army Night Vision Program enabling soldiers to leveragethe Army's cutting edge night vision hardware and sophisticated weapon systemsby removing cumbersome cables.The basic objective of NVESD began as "the Conquest of Darkness so that theindividual can observe, move, fight, and work at night by using an image thathe can interpret without specialist training and to which he can immediatelyrespond." As NVESD expanded its research and development into new areas andmore Army platforms, this basic objective would also expand to discover newapplications for the sensor technologies.Further information about the program can be found online at: http:// J. Allowing thesoldier to shift from a defensive posture, to an aggressive offensivecapability will have a huge impact on the effectiveness of our troops fightingin today's urban combat environment.

We look forward to partnering with theArmy and aggressively completing this project."FreeLinc was founded in December 2003. Its patented product capabilities usethe latest generation of Near Field Magnetic Induction (NFMI) technologyenabling highly reliable, secure wireless communications. FreeLinc'scommunications capabilities are of special interest to the military because ofNFMI's inherent security, non-RF protocols, low powerconsumption, and spectrum usage advantages. For more information aboutFreeLinc, please visit the company's website at BaileyFreeLinc801-467-1199 x SOURCEFreeLincRandy Bailey of FreeLinc, 1-801-467-1199, ext. 113, . (Adds detail of prior reviews.) Regulatory News Bonds WASHINGTON, Jan 20 (Reuters) - President Barack Obama's newadministration ordered all federal agencies and departments onTuesday to stop any pending regulations until they can bereviewed by incoming staff, halting last-minute Bush orders intheir tracks. "This afternoon, White House Chief of Staff Rahm Emanuelsigned a memorandum sent to all agencies and departments tostop all pending regulations until a legal and policy reviewcan be conducted by the Obama administration," the White Housesaid in a statement issued just hours after Obama took office.

The review is a tool commonly used by a new administrationto delay so-called "midnight regulations" put in place by aformer president between the election and Inauguration Day. Midnight regulations have been heavily used by recentformer presidents, including the Democrat Bill Clinton,Republican George H W Bush, and most recently, the RepublicanGeorge W Bush. (Reporting by Tabassum Zakaria; Editing by PatriciaZengerle) Regulatory News Bonds. TOKYO, Jan 21 (Reuters) - Japanese chipmaker Elpida MemoryInc (6665.T) said on Wednesday it is in talks with Taiwanese DRAMmakers including Powerchip (5346.TWO), Promos Technologies(5387.TWO) and Rex Chip, on a possible merger and other options. VANCOUVER, British Columbia, Jan 20 (Reuters) - Blackberrymaker Research in Motion Ltd (RIM.TO) withdrew its C$66 millionhostile takeover offer on Tuesday for Certicom Corp CIC.TO,saying a Canadian court ruling had left it no option. RIM offered of C$1.50 per share in for Certicom after theMississauga, Ontario-based maker of encryption software spurnedan attempt at a friendly deal Certicom said RIM's offer undervalued the company.