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Sector Insight and Progressive Coverage on Calian Technologies Ltd.

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M2 PRESSWIRE-10 January 2007-www.streetinvesting.com: Sector Insight and Progressive Coverage on Calian Technologies Ltd.(C)1994-2007 M2 COMMUNICATIONS LTD

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Investors of Calian Technologies Ltd. (TSX:CTY) saw continued success Tuesday, as shareholders witnessed a slight 0.24% down-tick accompanied by a trading volume of 7,100.

Calian Technologies Ltd. has been attracting the attentions of both investors and analysts recently. This is because shareholders have been seeing a distinct, overall increase in share price throughout the past 2 months. Although Canadian markets continued to suffer on a whole as of late, investors of this technology services provider continued to see success. Although our research team brought this Company to your attention last year, we are now interested in what 2007 might be able to bring to Calian Technologies Ltd. and its shareholders.

Despite Monday's positive performance, Toronto stocks were back in the red Tuesday. One of the primary reasons for this was a decline in the price of crude.

Oil prices continued to come under pressure amid unseasonably warm weather in the U.S. northeast and expectations that U.S. petroleum inventories would show the first increase in crude supplies in almost two months. The February contract for light, sweet crude settled with loss of 45 cents to $55.64 per barrel.

Although this spelled out bad news for the energy sector, gold prices rose in opposition to weakness in the oil markets. Furthermore, investors looked...