latest news releases from the newsroom
Toll Brothers, Inc.
Toll Brothers Announces Redemption of 7 3/4% Senior Subordinated Notes Due 2007
HUNTINGDON VALLEY, Pa., Sept. 3, 2003 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), today announced that on October 6, 2003, it will redeem all of its $100 million of Toll Corp. 7 3/4% Senior Subordinated Notes due 2007 at 102.583% of principal amount plus accrued interest. The redemption will result in a pre-tax charge in the Company's fourth quarter of fiscal 2003 of approximately $3.3 million.
eLEC Communications Corp.
New Rochelle Telephone Sponsors 9th Annual Support-A-Walk
NEW ROCHELLE, N.Y., Sept. 3, 2003 (PRIMEZONE) -- New Rochelle Telephone, a subsidiary of eLEC Communications Corp. (OTCBB:ELEC), is proud to be a sponsor of the 9th Annual Support-A-Walk to be held Sunday, October 5, 2003 at FDR State Park, located off the Taconic Parkway on Route 202 in Yorktown Heights. Registration is currently underway for this event hosted by Support Connection, a not-for-profit organization that offers free and confidential support services to people affected by breast and ovarian cancer. Pre-Walk activities begin at 9:00am and the Walk will begin at 10:00am. Honorary Chairpersons are actress Glenn Close and First Lady and Child Care Advocate of Westchester Brenda Resnick Spano. The Master of Ceremonies will be Kacey of WHUD. Yankee pitching great Sparky Lyle, spokesperson for New Rochelle Telephone, will be one of the keynote speakers. A member of the 1977 and 1978 World Series Championship teams as well as winner of the 1977 Cy Young award, Sparky Lyle will be available to meet walkers.
SIG plc -- Webcast
SHEFFIELD, U.K., Sept. 3, 2003 (PRIMEZONE) -- SIG plc (LSE:SHI): Interim results Webcast presentation now on www.cantos.com with Barrie Cotingham, Chairman, and David Williams, Chief Executive.
NetSol Technologies Inc.
NetSol Technologies Inks Contract To Develop Solutions for the Trade Finance Division of DCD Group
CALABASAS, Calif., September 3, 2003 (PRIMEZONE) -- NetSol Technologies, Inc. (Nasdaq:NTWCD), a developer of proprietary software applications, announced today that its wholly owned subsidiary, NetSol Technologies (Pvt.) Limited, has signed a development agreement with United Kingdom-based DCD Group. Under the terms of the agreement, NetSol will develop a new, completely integrated, trade finance application for DCD's Trade Finance Division, which is one of the company's major business divisions. NetSol will retain intellectual property rights to the trade finance application.