latest news releases from the newsroom
Northrop Grumman Corp.
U.S. Air Force Awards Northrop Grumman Contract for Global Transportation Network
HERNDON, Va., Oct. 23, 2002 (PRIMEZONE) -- A team led by Northrop Grumman Corporation's (NYSE:NOC) Information Technology (IT) sector has received a six-year $63.8 million contract option for the next-generation information system that will improve the ability to provide near real-time visibility of passengers and material moving through the Defense Transportation Systems (DTS). Northrop Grumman IT will be providing the initial operational capability of the Global Transportation Network-21 (GTN-21) as part of this exercised option awarded by the U.S. Transportation Command (USTRANSCOM).
Harwood Feffer LLP
Wechsler Harwood Commences Class Action Suit Against Liberate Technologies -- LBRT
NEW YORK, Oct. 23, 2002 (PRIMEZONE) -- The law firm of Wechsler Harwood LLP announces that a class action has been commenced in the United States District Court for the Northern District of California on behalf all persons who purchased or acquired Liberate Technologies (Nasdaq:LBRT) ("Liberate" or the "Company") securities between the period of September 20, 2001 and October 15, 2002, inclusive (the "Class Period") against defendants Liberate and certain of its officers and directors.
NOVA Chemicals, S&T Bancorp, VitalWorks and Rimage Events to be Broadcast by Vcall Over the Internet
RICHMOND, Va., Oct. 23, 2002 (PRIMEZONE) -- NOVA Chemicals Corporation (NYSE:NCX), S&T Bancorp, Inc. (Nasdaq:STBA), VitalWorks Inc. (Nasdaq:VWKS) and Rimage Corporation (Nasdaq:RIMG) will broadcast their investor communication events over the Internet, Vcall, a Service of WILink announced today.
Telenor Strongly Critical to PT Notification
OSLO, Norway, Oct. 23, 2002 (PRIMEZONE) -- Telenor Mobil is strongly critical to the content in today's notice from the Norwegian Post and Telecommunications Authority (PT) of an upcoming decision regarding the arbitration case between Telenor (Nasdaq:TELN) and Teletopia, which concerns access to connect an own SMS switch to Telenor Mobil's network.
Olicom A/S Third Quarter 2002 Results
COPENHAGEN, Denmark, Oct. 23, 2002 (PRIMEZONE) -- Olicom A/S (Pink Sheets:OLCMF) today announced a net loss for the quarter of 6.9 million Danish kroner ("DKK"), or US$0.9 million. The loss per share was DKK 0.41, or US$0.05 per share. For the first nine months of 2002 the Company reported a net loss of DKK 18.3 million, or US$2.43 million. The loss per share during this period was DKK 1.07, or US$0.14. All amounts expressed in dollar are calculated at the September 30, 2002, rate of exchange between the US dollar and the Danish krone.