latest news releases from the newsroom
City Networks Celebrates Continued Success in Korean Internet Market
TAIPEI, Taiwan, May 12, 2003 (PRIMEZONE) -- City Networks Inc. (OTCBB:CYNW) announced today it has experienced continued success in the Korean internet equipment market and signed another special service and supply agreement with its most important joint venture partner in Korea, K-Won C&C Co. Ltd (www.k-won.co.kr). K-Won is City Network's most important and profitable business partner in the Internet and system integration market in Korea. K-Won has well established sales channels in Korea, as well as a sound business structure, as it acts as the key agent and supplier to both Korea Telecom and Korea Life Insurance. Through K-Won, City Networks was able to obtain very large orders of both wireless and VDSL equipment from Korea Telecom and Korea Life insurance. In 2003, City Networks estimates that revenues from business through K-Won in the Korean market could reach US$10 million.
Integrated Healthcare Systems, Inc.
Memorial Healthcare System in Florida Selects Barcode to Dose Solution from Integrated Healthcare Systems, Inc.
SEATTLE, May 12, 2003 (PRIMEZONE) -- Memorial Healthcare System, Hollywood, Florida, recently contracted with Integrated Healthcare Systems, Inc. (IHS), to automate three hospital pharmacies with the IHS Barcode to Dose(tm) solution. Memorial Healthcare System, serving more than 1200 beds, plans to utilize the Barcode to Dose(tm) solution to improve patient safety, enhance productivity, and increase accuracy, while reducing expenses.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman, OSHA, Unions Sign Safety and Health Alliance
PASCAGOULA, Miss., May 12, 2003 (PRIMEZONE) -- Northrop Grumman Corporation's (NYSE:NOC) Ship Systems sector, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA), and representatives from the Pascagoula and New Orleans Metal Trades Councils (MTC) and the International Brotherhood of Electrical Workers (IBEW), Local 733, have formalized an alliance to continuously foster a culture of shipyard safety while sharing best practices and technical knowledge on a variety of employee accident prevention issues.
SAS Group Restructures Aircraft Maintenance
STOCKHOLM, Sweden, May 12, 2003 (PRIMEZONE) -- The Board of Directors of the SAS Group (Other OTC:SASDF) decided during its meeting today to locate the main base for the technical maintenance operations for aircraft, SAS Technical Services, to Stockholm-Arlanda Airport. The objective is to ensure that SAS Technical Services is a competitive operation. This decision is included in the SAS Group's overall improvement program.