latest news releases from the newsroom
Nefab Aligns Workforce in Sweden
JONKOPING, Sweden, Sept. 12, 2002 (PRIMEZONE) -- Due to the weak trend in the telecom equipment industry, combined with the already completed transfer of production to the newly constructed factory unit in Estonia, Nefab's plant in Alfta, Sweden is currently overmanned. The surplus of personnel affects wage earners as well as salaried employees.
Meda in Deal with Two American Companies
STOCKHOLM, Sweden, Sept. 12, 2002 (PRIMEZONE) -- Meda has signed a long-term license agreement with Vivus for the exclusive marketing rights of MUSE(R) (alprostadil) in Europe. VIVUS markets MUSE in the U.S. and is the originator of the product. Meda has also entered into an agreement with Abbott Laboratories who currently markets MUSE in Europe. Meda can therefore take over the marketing responsibilities as of September 2002.
Chitwood & Harley
Atlanta Law Firm Chitwood & Harley Files Class Action Lawsuit Against PEMSTAR -- PMTR
ATLANTA, Sept. 12, 2002 (PRIMEZONE) -- Notice is hereby given that a class action lawsuit has been filed in the United States District Court for the District of Minnesota on behalf of all persons who purchased or otherwise acquired the securities of PEMSTAR, Inc. ("PEMSTAR" or the "Company") (Nasdaq:PMTR) between June 8, 2001 through May 3, 2002, inclusive (the "Class Period"). The lawsuit asserts securities fraud claims under sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, and alleges that PEMSTAR and certain of its officers and directors caused PEMSTAR's shares to trade at artificially inflated levels through the issuance of false and misleading statements.
Pop Stars Serenade Cell Phones Through Zingy Voicecards
NEW YORK, Sept. 12, 2002 (PRIMEZONE) -- Zingy (www.zingy.com), the largest mobile entertainment provider in North America, adds more fun to the world of wireless with Voicecards featuring today's stars of pop, hip-hop, rock, and modern country music. Zingy launches the new service with Voicecards of custom-recorded messages and snippets of brand new singles from Nickel Creek, Nappy Roots, Angie Martinez, Keith Sweat, Mario, Trick Daddy, Trina and many others.
United Sawmills Implements TietoEnator's Information Management System
ESPOO, Finland, Sept. 12, 2002 (PRIMEZONE) -- UPM-Kymmene's United Sawmills Ltd. has adopted TietoEnator's Wood Product Solution (WPS). WPS is an enterprise- and mill-level management information system for sawmills, wood processing companies, and forest product sales offices. The system rollout for United Sawmills, Ltd's sawmills and sites were successfully completed at the end of April. The entire company is now connected to one common system.
Hexagon Receives Increased Volumes at Alfa Laval
NACKA STRAND, Sweden, Sept. 12, 2002 (PRIMEZONE) -- Alfa Laval, that among others are world leaders in heat exchangers, has decided to increase the purchase volumes from their main supplier of heat exchanger gaskets, Gislaved Gummi AB.