latest news releases from the newsroom
Communications Research, Inc.
Communications Research, Inc. Announces TeleWRITER Compatibility with H.323 Video Systems Over Internet
MAHWAH, N.J., Dec. 15, 2003 (PRIMEZONE) -- Communications Research, Inc. (OTCBB:CRHI) announces that their partnership for software development with The Arkansas School for Mathematics and Sciences, Hot Springs, Arkansas, has successfully tested with TeleWRITER AGS (Advanced Graphics System) Audiographic, Collaborative Computing System and was able to call and successfully communicate with Polycom ViewStations over the Internet in an H.323 standards based call.
Nomadix Partners with Airpath Wireless for Wi-Fi Public-access Hotspots
WESTLAKE VILLAGE, Calif., Dec. 15, 2003 (PRIMEZONE) -- Nomadix, Inc. (www.nomadix.com), the leading supplier of Public-access solutions, today announced that it has partnered with Airpath Wireless, a global leader in the Wi-Fi Hotspot industry, to offer a turnkey Wi-Fi solution for carriers, WISPs and ISPs to quickly and cost effectively deploy and operate full-service Wi-Fi networks. Nomadix' family of Public-access Gateways and the Airpath WiBOSS(tm) seamlessly integrate to centralize provisioning, billing, roaming, and management for such venues as airports, hotels, restaurants and other public locations.
Document Security Systems, Inc.
Document Security Systems Announces $4.7 Million in Interim Private Placement Results
ROCHESTER, N.Y., Dec. 15, 2003 (PRIMEZONE) -- Document Security Systems, Inc. (OTCBB:DCSS) announced today that it had completed interim closings on its private placement offering in an amount equal to $4,725,000 of gross proceeds. The Company is offering an aggregate of $5,000,000 of the securities, and may expand the offering by an additional $900,000. The Company expects to complete the offering within the next 15 days.
Eyemakers Announces Completion of Acquisition of Dialysis Center
DEL MAR, Calif., Dec. 15, 2003 (PRIMEZONE) -- Eyemakers, Inc. (Pink Sheets:EYEM) - Eyemakers, Inc. announces that its previously announced purchase of 50% of a kidney dialysis center in Italy has been completed with the purchase of the remaining 50%. The new facility is in the final stages of completion and is expected to be fully operational in the first quarter of 2004. As previously stated, the estimate for first year revenue for this facility is expected to be between E1.5 and E2.0 million based on the number of fixed patient contracts in place. Eyemakers anticipates this clinic to produce above average profit margins for this type of facility. As previously stated, the Company has additional acquisitions in the pipeline which will compliment its strategy going forward.
EMS Technologies, Inc.
EMS Technologies to Deliver Fourth High-Power Output Assembly Flight Set to XM Radio as Part of Alcatel Space Contract
ATLANTA, Dec. 15, 2003 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) has announced today that it has received the fourth flight set award from Alcatel Space, a subsidiary of Alcatel (Paris:CGEP.PA) and (NYSE:ALA), for the critical high-power output assembly (HPOA) used by XM Satellite Radio. The latest flight set, valued at $1.5 million, will perform the critical signal combining on XM's powerful geostationary satellites, supporting the nation's leading satellite radio service transmission of 101 channels of high-quality digital radio to subscribers nationwide.
Kinnevik Buys Millicom Convertible Notes
STOCKHOLM, Sweden, Dec. 15, 2003 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik today announced that it has bought 10,863,000 Millicom International Cellular S.A. 2% Senior Convertible PIK Notes for USD 68,007,453. The convertible notes are equivalent to 1,010,512 shares in Millicom International Cellular S.A. after conversion. Kinnevik in total holds 13,205,000 PIK Notes in Millicom, equivalent to 1,228,372 shares in Millicom after conversion.