latest news releases from the newsroom
Norsk Hydro Announces Bondholder Approval of Amendments to Certain Terms of Its Notes
OSLO, Norway, July 19, 2007 (PRIME NEWSWIRE) -- Norsk Hydro ASA (the "Issuer") announced today the passing of an extraordinary resolution at a meeting of holders of its GBP 225,000,000 6.50 per cent. Notes due 2021 and the EUR 400,000,000 6.25 per cent. Notes due 2010 of the Issuer presently outstanding (together the "Notes"). The meeting was held on July 18, 2007 to consider certain amendments to the trust deed relating to the Notes (the "Trust Deed"). The Issuer was seeking to make such amendments in connection with the previously announced transfer of the oil, gas and wind energy businesses and certain other assets of the Issuer to Statoil ASA and the assumption of the obligations under the Notes and the Trust Deed by Statoil ASA.
Verso Technologies, Inc.
Verso Launches Carrier InterConnect Solution
ATLANTA, July 19, 2007 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a leading provider of next generation network solutions, announced today the global launch of the Verso Carrier InterConnect Solution, an integrated media and signaling VoIP gateway supported by the Verso Clarent(r) softswitch platform, targeting the wholesale and interconnect markets.
Cree Marks 20 Years as LED Pioneer and Industry Leader
DURHAM, N.C., July 19, 2007 (PRIME NEWSWIRE) -- Cree (Nasdaq:CREE) announced today that it is celebrating 20 years of LED innovation and leadership. Growing from six founders in 1987 to more than 2,600 employees worldwide today, Cree continues to work with silicon carbide and gallium nitride materials to lead innovation in the LED and lighting industries. Opportunities for Cree and the LED have never been better, driven largely by the world's rapidly growing demand for energy efficiency and a cleaner environment.