latest news releases from the newsroom
Chimera Technology Corp.
Chimera Consummates First Licensee
LAS VEGAS, Feb. 25, 2003 (PRIMEZONE) -- Chimera Technology Corp. (Pink Sheets:CMRA), through its wholly owned subsidiary 724Bingo.com, an innovative Internet Gaming Software Provider/Licensor and e-Commerce services company, today announced it has consummated its first license agreement with Market System Inc. ("Market") of Singapore, for a non-exclusive license to utilize Chimera's Internet gaming suite. Chimera has completed all necessary due diligence on "Market" and will begin to work with "Market's" management to design the framework that include the deployment of an Internet website powered by the Chimera Internet gaming suite & management platform.
GulfMark Offshore, Inc.
GulfMark Offshore Reports Fourth Quarter and Year Results
HOUSTON, Feb. 25, 2003 (PRIMEZONE) -- GulfMark Offshore, Inc. (Nasdaq:GMRK) today announced net income of $3.8 million, or $0.19 per share (diluted) for the quarter ended December 31, 2002, on revenues of $33.3 million. This compares to net income of $6.5 million, or $0.39 per share (diluted) on revenue of $32.9 million for the fourth quarter of 2001. Operating income for the fourth quarter of 2002 was $6.8 million compared to $11.1 million in the same quarter one year ago and $9.6 million for the third quarter of 2002.
Macronix Selects ParthusCeva's Bluetooth Platform to Power Bluetooth Connected Portables
SAN JOSE, Calif., HSIN-CHU, Taiwan, Feb. 25, 2003 (PRIMEZONE) -- ParthusCeva, Inc. (Nasdaq:PCVA) (LSE:PCV), the leading licensor of digital signal processors (DSP) and application-specific platform Intellectual Property (IP) to the semiconductor industry, and Macronix (Nasdaq:MXICY) announced today that Macronix have completed a licensing agreement to deploy ParthusCeva's BlueStream platform to enable Bluetooth connected portable devices.
Occidental Petroleum Corp.
Occidental Shareholder Withdraws Climate Change Proposal
LOS ANGELES, Feb 25, 2003, (PRIMEZONE) -- Following meetings with Occidental Petroleum Corporation (NYSE:OXY) management, Walden Asset Management on behalf of its clients, including the Needmor Fund, Boston Common Asset Management, LLC on behalf its client, Brethren Benefit Trust, Inc., and the Sinsinawa Dominicans agreed to withdraw a climate change proposal submitted for consideration at Occidental Petroleum's 2003 annual meeting. The proposal requested that Occidental Petroleum prepare a report describing the operating, financial and reputation risks to the company associated with past, present and future greenhouse gas emissions related to its operations and products.