latest news releases from the newsroom
Song Networks Holding
Financial Restructuring of Song Networks Agreed in Principle
STOCKHOLM, Sweden, Sept. 9, 2002 (PRIMEZONE) -- Song Networks Holding AB (Stockholm:SONW) ("Song Networks" or the "Company") and Song Networks N.V. announced today that they have reached an agreement in principle on a financial restructuring of the Song group ("Song") with an ad hoc group of bondholders, Vattenfall AB and Stena AB. The restructuring would be effected through a debt-for-equity swap of the bonds issued by Song Networks N.V., in combination with the new investors injecting additional capital and assets into Song Networks.
Hantro Products Ltd
Hantro Brings Video-Recording to the Nokia 3650 Phone
OULU, Finland, Sept. 9, 2002 (PRIMEZONE) -- Hantro, a leading provider of mobile multimedia solutions, announced today that Nokia has licensed the Hantro Multimedia Framework based Camcorder to be integrated in the new Nokia 3650 phone. Hantro Multimedia Framework is a complete system allowing fast implementation of various video applications by choosing ready-made codecs and protocols by a virtual backplane. The framework supports hardware and software approaches depending on the performance requirements, ranging from subQCIF streaming to CIF two-way video telephony.
Capital Markets Day at Scania
SODERTALJE, Sweden, Sept. 9, 2002 (PRIMEZONE) -- Scania has invited to a Capital Markets Day at the Head Office in Sodertalje today, 9 September, starting at 9 a.m.
Changes in the Telia Management
STOCKHOLM, Sweden, Sept. 9, 2002 (PRIMEZONE) -- Eva Lindqvist, Executive vice President of Telia International Carrier, has been appointed new Head of Telia International Carrier Business Area. Erik Heilborn, Head of the Telia International Carrier Business Area and Senior Vice President of Telia AB will according to the plans be appointed to an operational role in connection with the proposed merger between Telia and Sonera. Erik will immediately start to prepare for this new assignment.
iPrint Technologies Receives Nasdaq Compliance Notice
SANTA CLARA, Calif., Sept. 6, 2002 (PRIMEZONE) -- iPrint Technologies, inc. (Nasdaq:IPRT), a leading supplier of online and offline marketing and branding solutions, today reported that it has been notified by Nasdaq that iPrint is not in compliance with Nasdaq Marketplace Rule 4310(c)(2)(B). This rule requires the Company to maintain a minimum of $2 million in net tangible assets or $2.5 million in stockholders' equity or a market value of listed securities of $35 million.
InstantLive Signs Agreement with KoolTool to Distribute Get Connected! 'Click-to-Talk' Service
MONTREAL, Sept. 6, 2002 (PRIMEZONE) -- InstantLive Communications (YEY) Inc., a wholly owned subsidiary of Isee3d Inc. (TSX Venture Exchange:YEY), announced today that it has entered into a partnership agreement with KoolTool(r) an Anomaly Profiles Company, and supplier of industry specific e-commerce web solutions. Under the terms of the agreement, KoolTool(r) will incorporate InstantLive's Get Connected! 'click-to-talk' technology as an added feature within its template-based web site creation service.
ISee3D Announces Results for the Second Quarter of 2002
MONTREAL, Sept. 6, 2002 (PRIMEZONE) -- ISee3D Inc. (TSX Venture Exchange:YEY) today announced its results for the second quarter ended June 30, 2002. For the quarter, with all figures in Canadian Dollars, a Net Loss of $569,948 or less than $0.01 per share was recorded compared with a Net Loss of $229,149 or $0.01 per share for the quarter ended June 30, 2001.
Isee3d Stock to Resume Trading; Canaccord Capital Corporation to Sponsor Reverse Takeover Proposition
MONTREAL, Sept. 6, 2002 (PRIMEZONE) -- Isee3d Inc. is pleased to announce that its stock, traded on the TSX Venture Exchange (YEY) (TSX Venture Exchange:YEY), resumed trading on Thursday, Aug. 15, 2002. The stock was halted by request of management and the board of directors on May 21, 2002, as a consequence of negotiations which led to the signing of a 'Letter of Intent' to carry out a reverse takeover (RTO) transaction of Interactive Classified Corp. of Montreal, Quebec, and QuikView, Inc. of Cupertino, California on May 29, 2002. The proposition is part of a broader strategy to realign and focus Isee3d's technology offering, raise capital and expand its presence in the U.S. marketplace.