latest news releases from the newsroom
Oakley Introduces Interchangeable Prescription Lenses
FOOTHILL RANCH, Calif., Jan. 7, 2004 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced the introduction of the world's first truly interchangeable prescription lens. The first product to carry the new technology is Oakley's best selling eyewear model, the high-performance sunglass Half Jacket(tm). Using custom-engineered digital sculpturing equipment the company now makes removable corrective lenses that require no plastic or metal carriers, drill mounts or nylon filaments. Oakley's invention gives eye care professionals a lightweight, high-performance sunglass or clear lens to serve customers who require visual correction but also demand the freedom to change their look or adapt instantly to any light condition.
FinancialContent Services, Inc.
FinancialContent Announces Strategic Partnership with FindWhat.com
SOUTH SAN FRANCISCO, Jan. 7, 2004 (PRIMEZONE) -- FinancialContent Inc. (OTCBB:FCON), a leading provider of financial data and business applications to online media and financial services companies worldwide, today announced a key strategic partnership with FindWhat.com and the launch of a major initiative to deploy contextual advertising products on financial channels powered by FinancialContent.
AngelCiti Entertainment, Inc.
AngelCiti Achieves Major Milestone in Paying Down All of its Long Term Debt
PEMBROKE PINES, Fla., Jan. 7, 2004 (PRIMEZONE) -- AngelCiti Entertainment (OTCBB:AGLC) announced that it has achieved a major milestone in eliminating all of its long term debt from internally generated cash flow and equity raised by the company. This material turn of events will enable the company to even more aggressively pursue growth in 2004. Other than technical inter-company debt between the company and its wholly owned subsidiaries and miscellaneous service provider bills incurred in the ordinary course of business, the company is now debt-free.
Wihlborgs Fastigheter AB (publ) Declaration
STOCKHOLM, Sweden, Jan. 7, 2004 (PRIMEZONE) -- Wihlborgs Fastigheter AB (publ) has purchased 130,000 B shares in Drott AB (publ). Wihlborgs will thereafter own a total of 28,000 A shares and 13,872,500 B shares, which together represent 15.6 percent of the capital and 15.1 percent of the votes in the company.
Seco Tools Makes Acquisition in USA
FAGERSTA, Sweden, Jan. 7, 2004 (PRIMEZONE) -- Seco Tools is one of the world's leading manufacturers of cemented-carbide tools for metalworking. Continued growth shall be achieved through such measures as expansion within rapidly growing product areas and market niches.
Ahold Served with Summons by VEB
ZAANDAM, The Netherlands, Jan. 7, 2004 (PRIMEZONE) -- Ahold today announced that it has been served by the VEB (Association of Dutch Stockholders) with a summons to appear before the Enterprise Chamber ("Ondernemingskamer") of the Amsterdam Court of Appeals in connection with a claim by the VEB that the annual accounts for fiscal years 1998, 1999, 2000, 2001 and 2002 be nullified and that Ahold be ordered to restate its accounts and related annual reports for such periods.
Abucco Technologies Inc. Executes Definitive Agreement With Stafford Energy, Inc.
VANCOUVER, British Columbia, Jan. 6, 2004 (PRIMEZONE) -- Stafford Energy, Inc., ("Stafford") (Pink Sheets:SFDE), has agreed to acquire shares of privately held, Abucco Technologies Inc. ("Abucco"). Abucco is in the business of high technology security, access and telemetry monitoring and control over the Internet and wireless networks.
Port of Houston Authority
Photo Release -- Port Authority Signs Bayport Permit
HOUSTON, Jan. 6, 2004 (PRIMEZONE) -- The Port of Houston Authority (PHA) signed the federal permit for the Bayport Container and Cruise Terminal on Monday. The permit was then issued after Col. Leonard Waterworth signed it. The U.S. Army Corps of Engineers' permit was the next critical step in the process to build the $1.2 billion terminal. Construction is expected to begin soon.
Renegade Venture Corporation
Renegade's Hamilton Aerospace Subsidiary Announces Maintenance Contract for Another Jetran Boeing 737 Aircraft
TUCSON, Ariz., Jan. 6, 2004 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation (OTCBB:RDVN) today announced that its wholly owned subsidiary, Hamilton Aerospace Technologies, signed a new contract with major customer Jetran International. This latest project involves a heavy maintenance check, paint, and other return-to-service work on another former US Airways Boeing 737 aircraft owned by Jetran. The estimated value of this maintenance contract is approximately $500,000, which Hamilton Aerospace expects to complete and book in the 1st quarter. This contract is the latest in a series of aircraft maintenance projects that Hamilton Aerospace has performed for Jetran, an aircraft leasing company that purchased 91 commercial jet aircraft from U.S. Air in April of 2002.