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May 25, 2010 – Henley on Thames, 25 May 2010 - Portrait Software, a leading provider of customer interaction optimization software, has opened registration for an upcoming webinar that will demonstrate the vision, best practice and imperatives for optimizing each and every contact with customers. By using predictive modeling tools and approaches, such as real-time scoring, customer data visualization and interaction optimization companies will be able to achieve significant improvements in customer satisfaction and loyalty and positively impact revenue and profits. The webinar will be presented by Jeff Nicholson, VP Product Marketing, Portrait Software and special guest James Kobielus, Senior Analyst, Forrester Research. Learning points • Target your marketing budgets more effectively • Optimize each and every contact with your customers • Uncover best practices for customer analytics within multi-channel campaign management According to an independent research report, “Success depends on your company being able to understand, analyze, and visualize likely futures and take appropriate actions as soon as possible. You must be able to predict future scenarios well enough to prepare plans and deploy resources so that you can seize opportunities, neutralize threats, and mitigate risks”. ‘The Forrester Wave™: Predictive Analytics and Data Mining Solutions, Q1 2010’, Forrester Research, Inc., February 2010. The complimentary webinar will take place on Thursday June 3rd, 2010 at 11:30am ET and is now open for registrations. ...ends…

Medusa's corporate strategy is to become a mid-tier, 300,000 to 400,000 ounce per year, low-cost gold producer. The Company has completed the expansion of its high grade Co-O Mine operations to a production level of 100,000 annualised ounces, and is currently conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per annum. Current cash costs at the Co-O Mine are approximately US$190 per ounce. A pipe-line of deposits is now being established with the recent addition of the Bananghilig Deposit which is expected to expand, potentially in conjunction with other nearby discoveries. Further potential upside exists for the discovery of copper and additional gold deposits within the tenement holding of more than 800 km2.

COMO, WESTERN AUSTRALIA, May 23, 2010 (MARKETWIRE via COMTEX) -- Further to the announcement made by Medusa Mining Limited (ASX: MML)(AIM: MML) /quotes/comstock/11t!e:mll (CA:MLL 3.87, 0.00, 0.00%) ("Medusa" or the "Company") on 15 April 2010, it can confirm that the process of admission of its ordinary share capital to the Official List of the UK Listing Authority (the "Official List") and to trading on the London Stock Exchange's Main Market for listed securities (the "Main Market") is continuing and the Company is awaiting the finalisation of documentation. Admission of the Company's ordinary shares of nil par value to the Official List and to trading on the Main Market ("Admission") is subject to the receipt of the necessary approvals from the UK Listing Authority and the London Stock Exchange. Cancellation of trading on AIM will be simultaneous with Admission. A further announcement will be made in due course.

Highlights •Revenue and profits expected to be ahead of market expectations •Licence revenue increased 86% year on year •Total revenue increased 10% to nearly £16 million •Strong start to the new financial year, including a multi-million pound contract win Portrait has enjoyed another successful half year of trading, delivering increased revenue, profits and net cash. Licence revenue in the second half continued to show good growth, increasing 29% sequentially, outstripping what was already a very strong first half revenue performance. The continued momentum in sales and marketing execution meant that full year licence revenue increased by over 86% year on year, with the number of licence deals closed more than doubling over the year. Around two thirds of licence deals closed in the year related to extension and cross-sell deals with existing customers, demonstrating the strength of Portrait’s client relationships and products, and the effectiveness of its incremental sales approach. Two of those extension deals were of great significance as they provide evidence that Portrait’s ‘online customer offer management’ strategy is taking effect. These two new wins at leading financial services institutions (one US and one UK) involve the deployment of Portrait Interaction Optimizer in the online customer channel, providing real-time offer management on the web, an area where the Company sees considerable potential. Portrait is also pleased to report an excellent start to the current financial year with the award of a significant contract in the Asia-Pacific region to deliver a new multi-channel system for intelligent member relationship management. This new win builds on other recent successes in the region where Portrait is seeing growing demand for its products. Luke McKeever, Chief Executive of Portrait Software, commented: “We are delighted to have exceeded the goals we set ourselves and to have delivered on our promises, while building an enthusiastic and loyal base of clients and partners to help us continue to grow in the future. As well as securing and delivering important extension and cross-sell deals within our client base, we have acquired some superb new clients, grown revenues and profits, and also increased future recurring revenue. We are continuing to extend our market reach through the signing of new partners in the Marketing Services Provider space, have successfully launched an exciting new product and have earned outstanding recognition in our key markets from industry analysts. Our project delivery continues to surpass client expectations, our pipeline has been expanding rapidly, and we are enjoying significant momentum.” Portrait will be announcing its full year financial results in June 2010.

Portrait Software Positioned in the Magic Quadrant for CRM Multichannel Campaign Management Evaluation Based on Completeness of Vision and Ability to Execute HENLEY-ON-THAMES, UK, May 20, 2010 (MARKETWIRE via COMTEX) -- Portrait Software, a leading provider of customer interaction optimization software, today announced it has been positioned by Gartner, Inc. in the Niche quadrant of the Magic Quadrant for CRM Multichannel Campaign Management, published by Adam Sarner on May 13, 2010. This news comes on the heels of Portrait's recognition in Gartner's Magic Quadrant for CRM Customer Service Contact Centers (Michael Maoz, April 2, 2010). "We believe our inclusion in Gartner's two Magic Quadrants speaks to Portrait's success in driving analytically based inbound and outbound customer interactions across all channels through its advanced Customer Interaction Suite," stated Luke McKeever, CEO, Portrait. Companies recognized in the Magic Quadrant for CRM Multichannel Campaign Management were evaluated on the completeness of their vision and ability to execute. "Successful multichannel integration is critical for companies hoping to create tailored, meaningful dialogues and long term, profitable relationships with their customers," says McKeever. "With the plethora of channel options today, marketers must integrate multichannel messages to ensure consistent and engaging customer conversations take place, no matter which channel customers may use. We believe Portrait's recognition in this Magic Quadrant further acknowledges our work in this important area." About the Magic Quadrant The Magic Quadrant is copyrighted May 13, 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Making a comeback now as people realise the euro crisis is really serious and the arse is falling out of the market,lets see if it pushes back over 1200 per ounce in the next couple of days ??

Spot gold hit a new record high of $1248.82 earlier this week, as sovereign debt concerns in Europe encouraged investors to increase their exposure to the precious metal, considered a safe-haven during periods of global uncertainty and macroeconomic shocks. The ECB's recent pledge to buy private and public sector debt, essentially quantitative easing, has also benefitted gold, as this measure exerts pressure on the euro and encourages investors to turn to alternative assets that historically have a proven store of value - after all, gold is considered the currency of last resort. 'The whole bailout is quantitative easing across all of Europe,' said Michael Guido of at Macquarie Bank, who expects gold to rise to $1,500 by the end of the year. 'You're seeing this big rush into gold ETFs, physical bars and coins out of Europe that's supporting the thesis that gold is the default currency.' Meanwhile, UBS predicts that gold will rise to $1,300 per troy ounce in a month, while TEAM Financial Asset Management believe the precious metal will reach $1,500 per troy ounce by the end of the year. [2] In my opinion, gold is in a win/win situation at the moment that stands to benefit from sovereign debt woes in Europe, currency debasement, and the potential of a surge in future inflation, owing to the massive bailouts we have seen over the past year. Anthony Grech, London

Next stop £3.50 va va voom ;-)

I can see the babys head its coming its coming LOL............................

Pushing on £3,here we go boys ,technical breakpoint for us here Come on boys one big push All together now ,pushhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

We are making another assault on £3 guys Va va voom.....................................................;-)

You have a very low opinion of me monsieur ! Do you really think i would stoop so low(dont answer ,i think you already have) LOL Now sending you rude e-mails thats a completly different ball game !!!! Beware the wrath of sector ,woof woof LOL I could plead the fifth here,but i shall just plead "not guilty your honour" Btw i noticed your slimey attempt to worm your way into her affections,and i will make an exception in this case and i will definately be "grassing you up "to miss £ LOL...........................yours innocently ,sector ;-)

No wonder you keep messing up LOL I read it as going from 100.000 per annum to 400.000 per annum thats more than a paltry 30% !!! Go back to school or buy yourself a calculator LOL ;-)

Fairfax Securities has issued a note on Medusa Mining (ASX, AIM: MML; TSX: MLL), following a recent visit to the group’s Co-O mine in the Philippines, saying it feels that future developments at the project will continue to add value. The visit helped the broker gain a clearer idea how future production growth is likely to evolve.”We have taken a conservative approach to this by raising the production profile from 100,000 ozpa to 130,000 ozpa by 2012 through incremental expansions from Co-O, maintaining a long term cash cost of US$200/oz” it said. It sees considerable organic potential for Medusa to expand production substantially. It called Co-O well developed with considerable infrastructure in place and significant stockpiles which puts the mine in a strong position minimising risks from production difficulties. The operation has expanded considerably in the two years since the broker’s last visit to site. “The company has provided considerable newsflow in recent months on various projects which include additional potential at Co-O, other gold projects and copper targets. Management is budgeting US$18m on exploration this year and next and anticipates expanding its production base to 300,000-400,000ozpa through organic growth,” Fairfax noted.

We had a run up to £3 a couple of weeks ago,so that is the key resistance point imho,but with the move to the main market once through i reckon,depending on the market sentiment a push towards £3.50p is not out of the question,then its just a matter of the markets.i would not worry too much they are sitting on so much cash no chance of them going under,remember all good stocks rise in the end and with the sovereign debt problems its good to have a bit of gold,inflation hedge also so buckle up chums and enjoy the ride ,sector ;-)

Nice to see the naked trader following us in i would say LOL This is in my top 5 shares for the next few years,i will stick my neck out and say we are as safe as houses with this one ;-) Keep your voice down they will be calling us the new "Dave and Nick ",shhhhhhhhhhhh LOL

Morning fella,i am already in big and have been tipping this one for a while they have so much going for them its a steal ,and as you say the move to main market should give us a nice boost,no worries here just hold and watch this baby fly,next randgold resources anyone LOL,gla ,sector ;-)

This share seems like a bit of a gamble to me ?? ;-)

Medusa Mining Limited (ASX/AIM: MML; TSX: MLL)has advised that the new Resources Super Profits Tax proposed by the Australian government will not have any impact on Medusa, as the Company’s operating assets are located offshore in the Philippines.

Medusa Mining (ASX/AIM :MML; TSX: MLL) has found a new porphyry copper-gold target named Usa at its Philippines Co-O Mine. Rock chip values range up to 0.59% copper and 0.42 g/t gold. The target has so far been defined by reconnaissance outcrop sampling over an area of approximately 500 metres by 500 metres with possible extensions. Geoff Davis, managing director of Medusa said, "The discovery of new mineralised outcropping copper-gold porphyry at Usa highlights the unquestioned prospectivity of our large tenement area. This discovery brings the total of copper targets to seven." He said the company has no doubt that on-going exploration will uncover other targets based on its aggressive drilling programmes, adding additional value to the asset base. The Usa prospect is contained within Mineral Production Sharing Agreement agreement with Corplex Resources Inc. whereby Corplex will receive a 4% gross royalty on all production. Or, in the event of a major discovery and completion of a Scoping Study which demonstrates at least a five year mine life, Corplex can elect to buy back a 30% interest by re-imbursing to the Company a sum equal to four times the expenditure on the tenement; and contribute to 30% of all on-going expenditure from the point of buy-back forwards. Should Corplex elect not to contribute to all on-going expenditure, then Corplex can elect once only to dilute to a 15% non-contributing free carried interest to commencement of production, at which point the Company shall provide a loan to Corplex to fund its 15% interest. There are indications that the prospect extends eastwards into APSA XIII-00098 which is owned by Mindanao Philcord Mining Corporation which will receive a 1% Net Profits Interest from any production.