latest news releases from the newsroom
Neoware Q4 Revenues Expected to Exceed Estimates
KING OF PRUSSIA, Pa., July 9, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, announced today that its revenues for the fourth quarter ended June 30, 2002 are expected to exceed analyst estimates as a result of strong sales of the Company's products to new and existing customers.
Telenor Moves Into Majority Position in Kyivstar GSM, a Leading Mobile Operator in Ukraine
OSLO, Norway, July 9, 2002 (PRIMEZONE) -- Telenor (Nasdaq:TELN) has today completed the acquisition of an additional 16.5 per cent of the shares in Kyivstar GSM from the Sputnik Funds, a Western financed private equity firm operating in the CIS (Commonwealth of Independent States in the former Soviet Union). The acquisition was made pursuant to a preexisting option arrangement. After giving effect to the acquisition, Telenor will be the majority owner with 61.9 per cent of the shares in Kyivstar GSM. The purchase price is USD 66.46 million.Kyivstar GSM started in 1997 as the fourth mobile operator in Ukraine, and is today the operator with the highest number of subscribers in the country. Ukraine has 48.9 million inhabitants and a mobile penetration of 6 per cent. Kyivstar has a market share of 50.1 per cent and almost 1.5 million subscribers. Telenor became an owner of the company in 1998.
Church's Chicken Brings Brand to Full Life with Most Powerful Brand Launch in Company History
ATLANTA, July 9, 2002 (PRIMEZONE) -- Church's Chicken(TM), a division of AFC Enterprises, Inc., is undergoing a transformation. Instead of simply launching an advertising campaign hyping brand or product attributes, Church's is revolutionizing its look, voice and direction, across the entire company. Church's is unleashing the most powerful brand launch in its history. The themes and messages of the new Church's brand will extend into all company communications, utilizing the slogan, Full Flavor, Full Pockets, Full Life(TM).
Granite State Bankshares, Inc.
Granite State Bankshares, Inc. Announces a 40.0% and 34.3% Increase in Second Quarter and Year to Date Diluted Earnings per Share and the Inclusion of Granite State Bankshares, Inc. in the Russell 2000 Index
KEENE, N.H., July 9, 2002 (PRIMEZONE) -- Granite State Bankshares, Inc. (Nasdaq:GSBI) today announced net earnings for the three and six months ended June 30, 2002 of $3,721,000 and $7,057,000 compared to net earnings of $2,730,000 and $5,387,000 for the three and six months ended June 30, 2001. Basic earnings per share were $.73 and $1.37 for the three and six months ended June 30, 2002 compared to $.52 and $1.02 for the three and six months ended June 30, 2001. Diluted earnings per share were $.70 and $1.33 for the three and six months ended June 30, 2002 compared to $.50 and $.99 for the three and six months ended June 30, 2001, representing increases of 40.00% and 34.34%, respectively.
Oracle Uses iPrint's Technology to Expand e-Print Center for Oracle's U.S. Employees
SANTA CLARA, Calif., July 9, 2002 (PRIMEZONE) -- iPrint Technologies, Inc. (Nasdaq:IPRT), a leading supplier of online and offline marketing and customized branding solutions, today announced that Oracle Corp. (Nasdaq:ORCL) is using iPrint's technology to expand its Corporate e-Print Center to include tradeshow collateral and marketing items. The Oracle(r) e-Print Center, a branded corporate print shop which iPrint launched for Oracle in January 2001, allows 25,000 U.S.-based Oracle employees access to Oracle-branded business cards, stationery items, and now, tradeshow items including customized invitations, announcements, binders, name badges, and banners.
Hannover Re Implements Stock Split 3:1
HANNOVER, Germany, July 9, 2002 (PRIMEZONE) -- At our Annual General Meeting on May 24, 2002 it was decided by a large majority to increase the capital stock of Hannover Re out of company funds and implement a stock split in a ratio of 3:1. The stock split will serve to substantially reduce the market price of a single share, thereby rendering the share more accessible to a broader range of investors. This, in turn, will increase the share's liquidity and stimulate demand. It is envisaged that the measure will be executed on July 12, 2002 after the close of trading. Listing "exsplit" in official stock market trading will commence on July 15, 2002. From this date onwards trading in the company's existing shares will cease, however the security identification number will remain 840 221.