latest news releases from the newsroom
Tele2 -- Disclosure Notice
STOCKHOLM, Sweden and NEW YORK, Sept. 29, 2004 (PRIMEZONE) -- Tele2 AB (Reg. No. 556410-8917) (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholm:TEL2A) (Stockholm:TEL2B) yesterday acquired 4,160,000 shares in Song Networks Holding AB. Tele2 AB thus, directly and indirectly, holds in total 9,460,000 shares in Song Networks Holding AB, corresponding to 18.0% of the votes and 17.0% of the capital in the company. The Tele2 group's holding after conversion of all convertible debentures amounts to 17.2% of the votes and 16.2% of the capital.
Scottish Power PLC
ScottishPower - Trading Update
Glasgow, UK, Sept. 29, 2004 (PRIMEZONE) -- ScottishPower will shortly be meeting with analysts ahead of entering our close period for the half-year ending 30 September 2004. At these meetings we will confirm that we continue to make good progress with our strategy of improving operational performance and investing for organic growth. The outlook for the full year to 31 March 2005 remains in line with our expectations.
Industri-Matematik Intl. Corp
Per Norling joins Industri-Matematik AB as Managing Director and Country Manager Nordic Region
STOCKHOLM, Sweden, Sept. 29, 2004 (PRIMEZONE) -- Industri-Matematik International Corp. (IMI) today announced the appointment of Per Norling as Managing Director of the Swedish Company as well as Country Manager Nordic Region. Based in Stockholm, Norling will be responsible for the company's Nordic region operations, including both customer focused software, services and support solutions as well as the company's internal operations. Per Norling has a strong track record of success in building an enterprise. His extensive background prepares him to successfully expand the firm's market opportunity and customer quality initiatives in the consumer and retail software markets where the company has a strong focus on supply chain and logistics software solutions. Norling was until May 2000 Chief Operating Officer of Baan Company in Europe, the Middle East and Africa. He joined Baan in 1994 as Managing Director of the Nordic region, established a network of offices, partners and resellers, and grew Baan Nordic at a rate of 100 per cent year-on-year -- creating one of the company's most successful regions. He managed the UK operations in parallel during 1996 as well with a 100% growth.
OurPet's Engages George S. May International Company
FAIRPORT HARBOR, Ohio, Sept. 28, 2004 (PRIMEZONE) -- OurPet's Company (OTCBB:OPCO) today announced the engagement of George S. May International Company, a nationally recognized firm of management consultants, to assist the Company review and improve its organizational structure and procedures such that the Company can successfully achieve its revenue and profitability objectives. Dr. Steven Tsengas, President and CEO, commented, "We are very pleased to have such an excellent resource as we grow from a small to medium size company."
Universal Stainless & Alloy Products, Inc.
Universal Stainless Increases Line of Credit
BRIDGEVILLE, Pa., Sept. 28, 2004 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced that it has increased its revolving credit facility with PNC Bank to $15 million from $6.5 million and extended the term to June 30, 2006. All other terms of the credit facility remain unchanged. The additional liquidity will be available to finance working capital requirements.
Diamant Art Corp.
ART International's Revolutionary Diamant Non-PVC Food Stretch Film Receives Environmental Certification
MARKHAM, Ontario, Sept. 28, 2004 (PRIMEZONE) -- ART International Corporation, (OTCBB:ARIOF) is pleased to announce that its wholly-owned subsidiary, Diamant Film(tm) Inc., the North American distributor of a revolutionary non-PVC stretch wrap, has been authorized to use Canada's Environmental Choice (M) Program (ECP). The Environmental Choice Program is North America's leading benchmark of environmentally responsible products and services. Diamant stretch film has successfully met the criteria for both environmental and performance standards.