Spector Roseman Kodroff & Willis, P.C.
PHILADELPHIA, Dec. 2, 2003 (PRIMEZONE) -- The law firm of Spector, Roseman & Kodroff, P.C. announces that a class action lawsuit has been filed against Pilgrim Baxter & Associates ("Pilgrim Baxter") on behalf of all purchasers, redeemers and holders of shares of PBHG Growth Fund (NASDAQ: PBHGX), PBHG Emerging Growth Fund (NASDAQ: PBEGX), PBHG Large Cap Growth Fund (NASDAQ: PBHLX), PBHG Select Growth Fund (formally known as PBHG Select Equity Fund) (NASDAQ: PBHEX), PBHG Focused Fund (formally known as PBHG Focused Value Fund) (NASDAQ: PBFVX), PBHG Large Cap Fund (formally known as PBHG Large Cap Value Fund) (NASDAQ: PLCVX), PBHG Large Cap 20 Fund (NASDAQ: PLCPX), and others in the PBHG Mutual Funds, which are managed by Pilgrim Baxter from November 13, 1998 through November 13, 2003.
PROVIDENCE, R.I., Dec. 2, 2003 (PRIMEZONE) -- Bay View Capital LLC, a Rhode Island based company investing in the technology arena, is pleased to announce that it has offered to make up to $10 Million in additional funding available for future acquisitions in the Homeland Security Industry to Markland Technologies, Inc. (OTCBB:MRKL) www.marklandtech.com.
RANCHO DOMINGUEZ, Calif., Dec. 2, 2003 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced that, prior to market open on Wednesday, December 10, the company will report financial results for its fiscal third quarter ended October 31, 2003. The company also said that it will host an investor conference call the same day at 8:00 a.m. PST (11:00 a.m. EST) to review UTi's financials and operations for the quarter, as well as to discuss its recently announced plans to acquire International Healthcare Distributors (Pty.) Limited.
Meet Bob Mackie at Vegas Northern Lights Stores on December 13
LAS VEGAS, Dec. 2, 2003 (PRIMEZONE) -- Northern Lights, an upscale lighting fixture and home accessory store, is pleased to sponsor an open house with world-renowned fashion and accessory designer, Bob Mackie.
UTi Worldwide Signs Definitive Agreements to Acquire South African Pharmaceutical Logistics Provider
RANCHO DOMINGUEZ, Calif., Dec. 2, 2003 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced the signing of definitive agreements to acquire South Africa-based International Healthcare Distributors (Pty.) Limited (IHD). The pending transaction will further expand UTi's global contract logistics business and deepen its capabilities in the pharmaceutical distribution arena. Under the agreements, IHD will be acquired by a partnership, which will be 74.9% owned by UTi and 25.1% owned by a South African, broad-based black economic empowerment (BEE) organization. The purchase price will total approximately $40 million in cash, which includes a loan of approximately $17 million from UTi to the partnership.
KILL DEVIL HILL, N.C., Dec. 2, 2003 (PRIMEZONE) -- The Wright Experience today announced that it has resumed proof-of-concept tests with its reproduction 1903 Wright Flyer here at The Wright Brothers National Memorial in advance of the planned Dec. 17 re-enactment of the world's first powered flight.
HUNTINGDON VALLEY, Dec. 2, 2003 (PRIMEZONE) -- Toll Brothers, Inc., (NYSE:TOL) (www.tollbrothers.com), will broadcast live on its website, www.tollbrothers.com, its presentation at the New York Society of Security Analysts' (NYSSA) Housing Industry conference on Thursday, December 11, 2003 at 1:00 p.m. (EST).
American Energy Production Inc.
American Energy Production Inc. Comments on Delay in Filing 10QSB
MINERAL WELLS, Texas, Dec. 2, 2003 (PRIMEZONE) -- American Energy Production Inc. (OTCBB:AMEP) announced today a delay in filing its third quarter 10QSB. Due to the numerous business transactions of the Company during the third quarter including the heavy oil additive AMEP HOA-800 program, there was a delay in the Company auditors being able to finish the 10QSB on time.
Stockwinners.com Option Portfolio Doubles; Momentum Plays Up Twenty-Eight Percent
AUSTIN, Texas, Dec. 2, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Stockwinners.com.
Lone Star Steak House & Saloon
Lone Star Steakhouse & Saloon, Inc.
WICHITA, Kan., Dec. 2, 2003 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc. ("Lone Star") announced today that Jeff Bracken, Chief Operating Officer of the Lone Star Concept would leave the Company at the end of this fiscal year. Chief Executive Officer Jamie B. Coulter said, "Jeff has had a distinguished career and played a very important role in the current success of Lone Star. He is leaving to pursue other interests, and we wish him well in his future endeavors. Jeff is a valued colleague, an outstanding executive and an exemplary team player; we will miss him a great deal. Lone Star is fortunate to have a deep and very talented field operations team, and I am pleased to announce the following management realignment."
