latest news releases from the newsroom
Framfab Restructures Swedish Operations
STOCKHOLM, Sweden, Jan. 21, 2004 (PRIMEZONE) -- On December 11, Framfab announced that additional measures would affect fourth quarter earnings following changes in the Swedish operation. Framfab has further decided to reduce the size of its staff in Goteborg and Stockholm. The primary objective is to improve profitability in the Swedish business as part of the overall initiative of returning the entire group to profitability.
FindProfit.com Offers Outlook For Select Telecom Stocks
PRINCETON, N.J., Jan. 21, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% documented return in 2003, announced today that it has provided to trial and paid subscribers special coverage of select telecom stocks, including coverage of Ciena Corp. (Nasdaq:CIEN) and Corvis (Nasdaq:CORV).
Euro Offline Announces Attendance at Furniture and Design Fair in Cologne, Germany
DENVER, Jan. 21, 2004 (PRIMEZONE) -- Accesstel Inc. (OTCBB:ACST) (name change pending to Euro Offline) is pleased to announce that this week Mr. Randall Middleton is attending the International Furniture Fair in Cologne, Germany, where the world of furniture and interior design meet. While there, he will be holding meetings with a local Design House to explore Euro Offline's expansion into Europe, as well as meeting with product suppliers with a view to securing exclusive US distribution agreements for their products
Emulex LP9802 PCI-X HBA Achieves Qualification by Hitachi Data Systems
COSTA MESA, Calif., Jan. 21, 2004 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the market leader in Fibre Channel host bus adapters (HBAs) and a leading supplier of intelligent building blocks for next generation storage networking systems, today announced that Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd. (NYSE:HIT), has qualified Emulex's LP9802 PCI-X 2Gb/s Fibre Channel HBA for use with its Lightning 9900(tm), Lightning 9900 V Series, and Thunder 9500(tm) V Series storage systems. Hitachi Data Systems' qualification of Emulex's LP9802 with its storage systems ensures seamless operation of the two companies' products for customers using Solaris operating environments.
Northrop Grumman Corp.
Northrop Grumman Receives Louisiana Performance Excellence Award
LAKE CHARLES, La., Jan. 21, 2004 (PRIMEZONE) -- The Louisiana Quality Foundation has named Northrop Grumman Corporation's (NYSE:NOC) Lake Charles Manufacturing Center as a winner of its 2003 Louisiana Performance Excellence Award, the foundation's highest quality honor. The Louisiana Performance Excellence Award, with criteria and processes identical to the U.S. Commerce Department's Malcolm Baldrige National Quality Award, is an annual recognition of Louisiana organizations that achieve high levels of performance excellence and excel in the application of outstanding quality principles. Organizations that serve as role models for quality, customer satisfaction and performance excellence are considered for this award.
Cycle Country Announces Auditor Change
MILFORD, Iowa, Jan. 21, 2004 (PRIMEZONE) -- Cycle Country Accessories Corp. (AMEX:ATC), the recognized leader in developing and manufacturing custom-fitted accessories for the all-terrain vehicle (ATV), announced today that it has retained Henjes, Conner, Williams, and Grimsley, L.L.P as its independent auditors, effective immediately. Henjes, Conner, Williams, and Grimsley, L.L.P replaces Tedder, James, Worden & Associates, P.A. who has served as the company's independent auditors since Cycle Country went public in 2002.