latest news releases from the newsroom
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.
Paramco Financial Group, Inc.
Paramco Announces New Series of Preferred Convertible Shares For The Benefit of its Series `A' And Series `B' Note Holders
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.
TS&B Holdings Inc.
Growth Company, TS&B Holdings, Inc., Announces a $5 Million Equity Financing Commitment With Wall Street Based Compass Capital Group LLC
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 Technologies, Inc.
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.
View Systems Inc.
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.