latest news releases from the newsroom
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Cryo-Cell International, Inc. -- CCELE
BALTIMORE, June 5, 2003 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Cryo-Cell International, Inc. (Nasdaq:CCELE) between May 16, 1999 and May 20, 2003, inclusive (the "Class Period").
Karo Bio, a Leader in Nuclear Receptor Research and Drug Discovery, will be Discussing the Company's Program Successes and New Partnering Opportunities at the Upcoming Bio 2003 Annual Conference, June 22-26, 2003
HUDDINGE, Sweden, June 5, 2003 (PRIMEZONE) -- Karo Bio (Other OTC:KARBF), one of the leading biotechnology companies in Europe, will be attending the BIO 2003 Convention, the largest annual biotech and pharmaceutical meeting, June 22-26, 2003, in Washington D.C.
American Physicians Service Group, Inc.
American Physicians Service Group, Inc. Announces Investment In Financial Industries Corporation
AUSTIN, Texas, June 5, 2003 (PRIMEZONE) -- American Physicians Service Group, Inc. ("APS") (Nasdaq:AMPH) today announced that it had acquired an interest in Financial Industries Corporation ("FIC") (Nasdaq:FNIN), a company that markets and underwrites individual life insurance and annuity products. In a transaction valued at approximately $5.7 million, APS acquired approximately 385,000 shares of the outstanding common stock along with a stock option to purchase 323,000 additional shares. The option is exercisable upon FIC achieving certain performance thresholds. Concurrent with the investment, Mr. Ken Shifrin, APS Chairman of the Board, will be appointed to the board of FIC.
Altair Nanotechnologies Inc.
Altair Nanotechnologies Receives 90-Day Extension from NASDAQ
RENO, Nev., June 5, 2003 (PRIMEZONE) -- Altair Nanotechnologies Inc. (Nasdaq:ALTI) announced today that it has received a letter from the NASDAQ Stock Market noting that the company meets the initial listing requirements for NASDAQ SmallCap Market Under Marketplace Rule 4310(c)(2)(A). Therefore, NASDAQ has provided the company with an additional 90 calendar days, or until September 2, 2003, to regain compliance with Marketplace Rule 4310(c)(8)(D), which requires the company securities to have a minimum bid price of $1.00.
EQT completes the acquisition of Com Hem
STOCKHOLM, Sweden, June 5, 2003 (PRIMEZONE) -- EQT Northern Europe private equity fund has today completed the acquisition of Com Hem. Closing of the deal had been conditioned upon e.g. approvals from Swedish regulatory authorities, which now have been received. The Board of Directors will include Bengt Halse, Kjell Hellberg, Hakan Johansson, Thomas von Koch and Lars Weiss. Bengt Halse will be the Chairman of the Board.