latest news releases from the newsroom
Office of Information Technology at Leading University Deploys Virage Platform
SAN MATEO, Calif., Aug. 12, 2002 (PRIMEZONE) -- Virage, Inc. (Nasdaq:VRGE), a leading provider of video and rich media communication software, today announced that the Office of Information Technology (OIT) at Princeton University has deployed Virage software to support a variety of streaming media applications. The OIT is utilizing the new software to put live and pre-recorded content from the University's public lectures, speaking engagements and sporting events onto the Internet and intranet for alumni, faculty and students to access on-demand.
eSynch's Kissco Releases Final Version of ModemWizard XP
SANTA ANA, Calif., Aug. 12, 2002 (PRIMEZONE) -- eSynch Corp. (OTCBB:ESYN), a leader in the development and distribution of digital rights management solutions for audio and video content delivery tools as well as media rights management software technology for the streaming media market, has announced that its Kissco subsidiary has released the final version of its software utility product called ModemWizard XP(tm). This version follows the February evaluation release to a targeted market, and incorporates user suggestions and some fine-tuning of its productivity features.
Old Mutual plc
Old Mutual plc: Purchase of Nedcor Shares
LONDON, Aug. 12, 2002 (PRIMEZONE) -- This announcement is made in terms of Rule 7 of the South African Securities Regulation Panel's Code on Takeovers and Mergers. Old Mutual Life Assurance Company (South Africa) Limited, a wholly owned subsidiary of Old Mutual plc ("Old Mutual"), acquired 1,000,000 ordinary shares in Nedcor Limited ("Nedcor") at a price of R 110.00 per share.
Danish SONOFON Selects WM-data as Outsourcing Partner
STOCKHOLM, Sweden, Aug. 12, 2002 (PRIMEZONE) -- Danish SONOFON and WM-data have signed a four-year strategic outsourcing contract. Under the terms of the agreement, WM-data takes over operations and support for SONOFON's central IT system. The system is currently utilized by about 2,000 users at 65 offices and includes some 350 servers. As a result of the agreement, 75 of SONOFON's employees transfer to WM-data.
iLive Launches Media Management Platform
IRVINE, Calif., Aug. 12, 2002 (PRIMEZONE) -- iLive Inc. (OTCBB:ILVE) unveiled today a new server-based Media Management Platform designed to track electronic distribution of digital pay-per-view content. The new platform enables professionals in the film and entertainment community worldwide to maximize their profit opportunities by providing an electronic marketplace complete with transactional capabilities and real time tracking for the licensing of filmed entertainment.
New CEO for Lindab
STOCKHOLM, Sweden, Aug. 12, 2002 (PRIMEZONE) -- Kjell Akesson will take over as the new president and CEO of Ratos's associated company Lindab at year-end 2002. Kjell Akesson, who currently is the CEO of Bilia, will succeed Carl-Gustaf Sonden who after 35 years with Lindab will continue to work with the company as a member of the board.
NeoNet Launches Electronic Trading on the Milan Stock Exchange
STOCKHOLM, Sweden, August 12, 2002 (PRIMEZONE) -- NeoNet, a leading provider of real-time equity trading services for institutional investors and broker-dealers, today announced that it launched electronic trading access to the Milan Stock Exchange via NeoNet's global stock exchange network.
Old Mutual plc
Old Mutual plc: Interim Dividend
LONDON, Aug. 12, 2002 (PRIMEZONE) -- The Board of Old Mutual plc ("the Company") has declared an interim dividend of 1.7p per share for the six months to June 30, 2002, to be paid on November 29, 2002 to shareholders on the register at close of business on October 18, 2002.