latest news releases from the newsroom
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces Cash and Stock Dividends
SPOKANE, Wash., April 26, 2004 (PRIMEZONE) -- The Board of Directors of Northwest Bancorporation, Inc. (the "Company") (OTCBB:NBCT) today announced an annual cash dividend of twelve-cents ($0.12) per share, payable on June 15, 2004 to shareholders of record as of May 14, 2004. Additionally, the Board declared a five-percent stock dividend payable in common stock of Northwest Bancorporation, Inc. on the same date, June 15, 2004, also to shareholders of record as of May 14, 2004. This marks the second cash dividend and the ninth stock dividend paid to shareholders since 1989, the year the Company's banking subsidiary, Inland Northwest Bank, opened for business.
ASM International NV
ASM International to Acquire Genitech, Ltd.
BILTHOVEN, The Netherlands, April 26, 2004 (PRIMEZONE) -- ASM International N.V. (Nasdaq:ASMI) (Euronext Amsterdam:ASM) and Genitech, Inc., a privately-held semiconductor equipment supplier based in South Korea, announced today that they have entered into an agreement for ASMI to purchase Genitech for a combination of cash, ASMI common shares and additional variable cash payments over the next five-years. The value of the transaction at the closing, expected in May, is approximately US $9 million, of which slightly over US $5 million will be in common stock. Additionally, ASMI will pay up to approximately US $9 million in cash over the next five years, depending upon the achievement of performance targets. The transaction is expected to be finalized within the next two months and is subject to regulatory approvals customary for this type of a transaction in South Korea.
American Ammunition Inc.
American Ammunition Receives Two (2) Additional Export Orders
MIAMI, April 26, 2004 (PRIMEZONE) -- American Ammunition, Inc. (OTCBB:AAMI) announced it has received two (2) additional export orders. The first export order is from its Dominican Republic distributor and the second is from its Curacao distributor. These orders are in addition to orders previously received and filled. The necessary export licenses have been applied for and are expected in the very near future.