latest news releases from the newsroom
Autoliv to Pay Jobs Act Dividend
STOCKHOLM, Sweden, Aug. 23, 2005 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV) (Stockholm:ALIV), the worldwide leader in automotive safety systems, has decided to pay -- under the American Jobs Creation Act -- a one-time internal dividend of just over SEK 2.5 billion or approximately $320 million from its Swedish subsidiary Autoliv AB to the U.S. parent company, Autoliv Inc.
GLOBALCash Launches Pro Sports Affinity Project
LODI, Calif., Aug. 23, 2005 (PRIMEZONE) -- PayStar Corporation's (Pink Sheets:PYST) GLOBALCash Division, one of the nation's growing providers of stored value and prepaid ATM debit cards, announced today it is launching an initial Major Pro sports affinity program. The Affinity program will benefit specific retired football players and will make millions of sports fans aware of the many vital physical and financial needs of less fortunate but deserving retired players.
eWAN 1, Inc.
EWAN 1 Agrees to Joint Venture With Enlace to Bring Broadband to Mexico
SANTA ANA, Calif., Aug. 23, 2005 (PRIMEZONE) -- eWAN1, Inc. (Pink Sheets:EWAN), today announced that eWAN has agreed to join with Enlace, S.A, a prominent telecommunications company in Mexico, to bring its entire suite of advanced broadband products, including WI-FI, WI-MAX, and VOIP to subscribers in the Mexican state of Sonora. The new company, named Sinfronteras, meaning "without borders," will deploy eWAN's proprietary Triple Play technology, including video, voice and data wirelessly to a target audience within six months of more 5,000 subscribers, who will be billed an average of $80 U.S., monthly.
Hybrid Technologies Inc. 20 Percent Stock Dividend Update
WASHINGTON, D.C. and LAS VEGAS, Aug. 23, 2005 (PRIMEZONE) -- Hybrid Technologies, Inc. (OTCBB:HYBT) and its subsidiaries -- R-Electric Car Co., Global Hybrid Corp., and Solium Power Corp. -- emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to confirm that the second installment (5 percent) of the 20 percent 2005 Stock Dividend Plan will be payable to shareholders of record as at August 31, 2005 on September 2, 2005.
Bravo Resources Ltd.
Bravo Resources Ltd. and Woize Ltd. Sign Letter of Intent
VANCOUVER, British Columbia, Aug. 23, 2005 (PRIMEZONE) -- Bravo Resources Ltd. (OTCBB:BVOL) and Woize Ltd. announced today that they have entered into a letter of intent for the acquisition of Woize and all of its assets and properties by Bravo. The Company intends to complete the acquisition pursuant to an agreement and plan of merger.