Skandia's nominating committee
STOCKHOLM, Sweden, March 4, 2004 (PRIMEZONE) -- Skandia's nominating committee today decided that Bo Eklof, who represents Robur, will take over as chairman of the committee after Bjorn Wahlroos, who has left his seat on the committee as a result of Sampo's sale of its shares in Skandia.
DENVER, Colo., March 4, 2004 (PRIMEZONE) -- Paramco Financial Group, Inc. (OTCBB:PFDE), a financial services firm, announced today that it has initiated the first phase of an affiliation with a company to be used for the purpose of managing and retiring Paramco's existing debt to its Series "A" and Series "B" Note Holders. The affiliate partner, Provident Asset Management, LLC, was registered in the State of Nevada on February 27, 2004. Provident, in its role, anticipates taking over and managing all of the existing debt instruments issued by Paramco (approximately $1.5mm in notes). Paramco in return will provide Provident with an equivalent value of said notes in the form of a preferred convertible issue of Paramco shares, to be held for the benefit of the debt holders. Provident will operate from separate facilities in San Antonio, Texas.
Trimedyne Receives U.S. Patent Office Allowance of Important Patent to Treat Heart Valve Malfunction
IRVINE, Calif., March 4, 2004 (PRIMEZONE) -- Trimedyne, Inc. (OTCBB:TMED) today announced the U.S. Patent Office has allowed 17 claims of its patent application on a new Laser Balloon Catheter intended to treat mitral valve prolapse in a minimally invasive procedure. The patent should issue in a few months.
NEW YORK, March 4, 2004 (PRIMEZONE) -- Stephanie Abrams, globally renowned travel expert, has jumped in to support the "Sheeptacular Pittsfield," event planned for the Berkshire Mountains of Massachusetts this summer from June 5 to September 18, 2004. Merino sheep have a historical connection to Pittsfield and one of its unique attractions, Hancock Shaker Village. Huge sheep forms, made from special mold to create the look of Merino Sheep, were delivered to Pittsfield this week to be distributed to local artists who will create their selected designs on the sheep. Local businesses are participating as sponsors of individual sheep.
ORLANDO, Fla., March 4, 2004 (PRIMEZONE) -- TS&B Holdings, Inc. ("Company" or "TS&B") (OTCBB:TSBB): The CEO of TS&B Holdings Inc., James E. Jenkins announced today the Company has agreed to an equity financing transaction with Compass Capital Group, a Wall Street based investment banking firm, to fund up to $5 million dollars.
EMS Satellite Networks Launches New DVB-RCS Terminal Models
WASHINGTON, March 4, 2004 (PRIMEZONE) -- EMS Satellite Networks, a division of EMS Technologies, Inc. (Nasdaq:ELMG), today launched two new models of DVB-RCS Satellite Interactive Terminals. Both models are extensions of existing, field-proven products, enabling additional features of on-board terminals to offer even better performance to EMS customers.
PetroKazakhstan announce Fourth Quarter and Year 2003 Financial Results
CALGARY, Alberta, March 4, 2004 (PRIMEZONE) -- PetroKazakhstan Inc. ("PetroKazakhstan") announces its financial results for the three months ending December 31, 2003 and for the year ended December 31, 2003. All amounts are expressed in U.S. dollars unless otherwise indicated.
View Systems Engineers Reductions in Secure Scan Pricing
BALTIMORE, March 4, 2004 (PRIMEZONE) -- View Systems, Inc. (OTCBB:VYST) Systems today announced engineering developments to its Concealed Weapons Detection Secure Scan Portal, which enables the company to market the portal at more affordable prices. This new pricing is expected to attract more distributors, larger orders, and reduce the paperwork approval process when dealing with governmental contracts.
Wall Street Capital Funding LLC
Wall Street News Alert -- OTC Stock Traders Watch! March 4, 2004
WESTON, Fla., March 4, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Xfone Inc. (OTCBB:XFNE), Global Industries Ltd. (Nasdaq:GLBL), Conceptus Inc. (Nasdaq:CPTS) and Gemstar-TV Guide International (Nasdaq:GMST).
Gemini Financial Communications
Nicholas Investment Company, Inc. Announces Today's Market Conference Call
TEMECULA, Calif., March 04, 2004 (PRIMEZONE) -- Nicholas Investment Company, Inc. (Pink Sheets:NIVM) today announced that it will be holding a conference call for shareholders, investors and brokers this afternoon at 3:00 P.M. Eastern Standard Time. Individuals interested in participating should call 1-800-441-0022 and reference Nicholas Investment Company.
