latest news releases from the newsroom
Durban Roodepoort Deep
Board, Senior Management Appointments at DRD
JOHANNESBURG, South Africa, Oct. 23, 2003 (PRIMEZONE) -- The Board of Durban Roodepoort Deep, Limited (JSE: DUR; NASDAQ: DROOY; ASX: DRD) has announced the appointment of Professor Douglas Blackmur, Professor of Management at the University of the Western Cape (UWC), as a non-executive director.
Durban Roodepoort Deep
Costs Tumble, Post-Restructuring, At DRD's North West Operations
JOHANNESBURG, South Africa, Oct. 23, 2003 (PRIMEZONE) -- A 60-day review process and restructuring exercise focused on returning the North West Operations (NWO) of Durban Roodepoort Deep, Limited (JSE: DUR; NASDAQ: DROOY; ASX: DRD) to profit had resulted in a reduction in wage costs to 44% of total working costs and a planned 26% reduction in monthly working costs, from R106 million (US$14 million) in July to R78 million (US$11 million) in October, Chairman and Chief Executive Officer Mark Wellesley-Wood said today (23.10.03), at the release of the company's results for the quarter ended 30 September 2003.
AdZone Research, Inc.
AdZone Research CEO Interviewed by Wall Street Reporter
CALVERTON, N.Y., Oct. 23, 2003 -- AdZone Research, Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology company, announced today that its CEO, Charles A. Cardona, III, was interviewed this morning by Wall Street Reporter. The direct link to the AdZone Research interview is http://www.wallstreetreporter.com/profiles/AdZoneResearch.html .
Delta Capital Technologies Inc.
Delta Capital Technologies Pursues Emerging Chinese Markets
WILMINGTON, Del., Oct. 23, 2003 (PRIMEZONE) -- Delta Capital Technologies, Inc. (OTCBB:DCTN) has executed a Letter of Intent with the management of Sol Produce Imports Ltd, an importer and distributor of fresh and refrigerated food products from China. The document outlines Delta's intention, through its wholly owned subsidiary Albion Developments Inc., to acquire 30% of the issued and outstanding shares of Sol for one million shares of Albion with an option to acquire up to 100% of the shares for a further two million shares. In connection with the intended acquisition and option, Albion agrees to assist SOL in securing project financing of six hundred thousand dollars (USD $600,000). Closing is expected on or about the end of this month.
PoGo! Products, Ltd.
PoGo! Products Launches AudioRave, Thinnest MP3/USB Drive Available
BREA, Calif., Oct. 23, 2003 (PRIMEZONE) -- PoGo! Products, Ltd. (OTCBB:PGOI), a leader in portable digital audio (MP3) technology and cutting-edge personal electronic products for consumers and businesses, today launched AudioRave, a 128MB MP3/WMA Player and Portable Data Storage Device which has the unique feature of a removable battery pack making it a true first-of-its-kind.
KLIPPAN AB: New Managing Director
KLIPPAN, Sweden, Oct. 23, 2003 (PRIMEZONE) -- The Board of Directors of KLIPPAN AB has decided to relieve the Managing Director Bengt Ostensson from his position with immediate effect.
Raging Bull Holdings
Raging Bull Holdings Announces Filing of a Class Action Lawsuit Against Ameritrade Holdings, Knight Trading Group and 6 Key Individuals -- AMTD, NITE
WAYNESVILLE, N.C., Oct. 23, 2003 (PRIMEZONE) -- Raging Bull Holdings et al -- (a consortium of private investors) on behalf of themselves and others similarly situated, announced today that a class action lawsuit was filed on October 10, 2003 in the United States District Court for the District of Nebraska, case number 8:03CV421, on behalf of customers of Ameritrade Holdings Inc. (Nasdaq:AMTD) et al ("Ameritrade") who became customers of Ameritrade between March 29, 1995 and September 30, 2003, inclusive the ("Class Period"). The lawsuit additionally names Knight Trading Group Inc ("Knight") (Nasdaq:NITE), J. Joe Ricketts, Gene L. Finn, Kenneth D. Pasternak, Steven L. Steinman, Walter F. Raquet and Robert M. Lazarowitz as defendants.