latest news releases from the newsroom
Vertex Interactive, Inc.
Vertex Interactive Selected for Deloitte & Touche `Fast 50' Program
PARAMUS, N.J., Aug. 27, 2002 (PRIMEZONE) -- Vertex Interactive, Inc. (OTCBB:VETX), a leading provider of supply chain execution and order fulfillment technologies, today announced that it has been named to Deloitte & Touche's prestigious "Technology Fast 50" Program for New Jersey, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in fiscal year revenues from 1997-2001 (five-year period).
PurchasePro Announces Nasdaq Appeal
LAS VEGAS, Aug. 27, 2002 (PRIMEZONE) -- PurchasePro (Nasdaq:PPRO) said today that the company received a Nasdaq Staff Determination on August 20, 2002 indicating that the company fails to comply with Nasdaq's requirements for continued listing set forth in Marketplace Rule 4310(c)(14) because the company has not yet filed its 10-Q for the period ended June 30, 2002, and that PurchasePro's securities are, therefore, subject to delisting from The Nasdaq SmallCap Market.
Management Transition at Ahold Spain
ZAANDAM, The Netherlands, Aug. 27, 2002 (PRIMEZONE) -- Ahold (NYSE:AHO), the international food retail and foodservice operator, today announced that Jose Maria Vara, President & CEO of Ahold Spain, is to step down after two years in the post effective September 1, 2002. He is succeeded by Gerard van Breen, currently senior vice president Ahold Global Sourcing at Ahold corporate headquarters in Zaandam.