Artimplant Signs Distribution Agreement
STOCKHOLM, Sweden, March 27, 2003 (PRIMEZONE) -- Artimplant AB (Other OTC:APLTF) and Atlantech Ltd. - a subsidiary of ArthroCare Corporation, Sunnyvale, CA - today signed an initial distribution agreement in which Atlantech will conduct test sales during six month of Artelon(TM) Augmentation Device ACL.
COLORADO SPRINGS, Colo., March 27, 2003 (PRIMEZONE) -- Software developer, IRP Solutions, Corp., has developed a software application that will change the way Homeland Security investigations occur throughout all levels of law enforcement. Homeland Security investigations require a new and urgent capability needed by law enforcement to identify, track and investigate individuals and groups that pose a threat to the security of the United States.
New Northrop Grumman Electronic Warfare System Completes Operational Assessment Ahead of Schedule
BETHPAGE, N.Y., March 27, 2003 (PRIMEZONE) -- The U.S. Navy has completed the Operational Assessment series of test flights of Northrop Grumman Corporation's (NYSE:NOC) Increased Capability (ICAP) III electronic attack weapon system for the EA-6B Prowler tactical jamming aircraft. The assessment, scheduled for two months, was completed in a month.
Contract award for production drilling services on Hydro-operated installations
OSLO, Norway, March 27, 2003 (PRIMEZONE) -- Hydro, on behalf of the respective license groups, has awarded a contract to Prosafe Drilling Services AS for production drilling services on six of the platforms Hydro operates in the Norwegian offshore sector. The contract -- during the initial period -- has an estimated value of NOK 1.3 billion.
Akzo Nobel Withdraws from Negotiations to Acquire Scottish Pharmaceutical Facility
ARNHEM, The Netherlands, March 27, 2003 (PRIMEZONE) -- Akzo Nobel's (Nasdaq:AKZOY) business Diosynth announced today that it has decided to withdraw from negotiations to acquire GlaxoSmithKline's active pharmaceuticals manufacturing facility at Montrose, Scotland.
VANCOUVER, B.C., March 27, 2003 (PRIMEZONE) -- Drilling by Platinum Group Metals Ltd, (TSX Venture Exchange:PTM), on the Elandsfontein property, immediately adjoining Anglo Platinum's Bafokeng Rasimone Platinum Mine, has intercepted the UG-2 platinum reef at shallow depths and drilling is continuing. The reef is present at depths of less than 55 meters in all of the initial 4 drill holes reported below. The final hole reported here includes an intercept of 3.45 g/t platinum, palladium and rhodium plus gold over 1.29 meters, the traditional UG-2 thickness and grade. Drilling at Elandsfontein will focus along strike to the northwest for a further 1,000 meters on the property and will also test for down dip potential. A total of 41 holes are planned in the current drilling program and a second drill rig will now be added to accelerate the program. Further assays including assays from a potential second reef intercept in the initial holes are expected shortly.
Harsco's Eugene Truett Honored as One of Top Three Investor Relations Officers In Small-Cap Category
HARRISBURG, Pa., March 27, 2003 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) congratulates Eugene Truett, the company's Director of Investor Relations, on being named one of the United States' top three Investor Relations Officers of the Year for small market capitalization companies at awards ceremonies held last night by Investor Relations magazine in New York City.
LOS ANGELES, March 27, 2003 -- Northrop Grumman Corporation (NYSE:NOC) will present Monday, March 31, 2003, at the Banc of America Securities Defense and Government IT Conference in New York City. The presentation by Gaston Kent, Northrop Grumman vice president of investor relations, and Steve Carrier, vice president of business development for the company's Information Technology sector, will be webcast at www.northropgrumman.com beginning at 10:15 a.m. EST.
Sonoran Launches New Website and Strategic Initiatives
LOS ANGELES, Mar 27, 2003 (PRIMEZONE) -- Sonoran Energy, Inc. (OTCBB:SNRN) Management is pleased to announce its new "Strategic Initiatives" and the launch of Sonoran's new web site. The new site reflects the company's new focus on oil and gas operations.
Law Offices of Brian M. Felgoise, P.C.
PHILADELPHIA, March 27, 2003 (PRIMEZONE) -- Law Offices of Brian M. Felgoise, P.C. today announced that a securities class action has been commenced on behalf of shareholders who acquired Andrx Corporation (Nasdaq:ADRX) securities between October 31, 2002 and March 4, 2003, inclusive (the Class Period).
