latest news releases from the newsroom
Viscount Systems Inc.
Viscount Announces Acquisition
BURNABY, B.C., April 16, 2003 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) announced today that The Company has signed a conditional purchase agreement to acquire the assets of the Enterphone product line of TELUS Corporation. Enterphone systems provide electronic access to office buildings and apartment blocks. The agreement is scheduled to close April 30, 2003 subject to certain conditions precedent. The assets include monthly service contracts and inventory. The final purchase price is contingent on the total number of assigned contracts, but will not exceed $450,000.
GulfMark Offshore, Inc.
GulfMark Offshore Announces Revised Newbuild Delivery Schedule
HOUSTON, April 16, 2003 (PRIMEZONE) -- GulfMark Offshore, Inc. (Nasdaq:GMRK) today announced it has agreed to changes in its new vessel delivery schedule. The accelerated schedule will move forward the next UT 722L design anchor handler, Highland Valor, to the beginning of July and will also close the delivery of the UT 755 Highland Monarch on the same day. The early July deliveries will increase vessel days in what is anticipated to be a strong summer season. The adjusted delivery schedule is consistent with decisions to capitalize on the expected improving market, despite the recent difficult market conditions.
Nord Resources Corporation
2003 Annual Meeting of Shareholders of Nord Pacific Limited Adjourned to Saturday, June 7, 2003, at 1:00 p.m.
DRAGOON, Ariz., April 16, 2003 (PRIMEZONE) -- Nord Resources Corporation (Pink Sheets:NRDS) announced today that the 2003 Annual Meeting of the shareholders of Nord Pacific Limited has been adjourned to Saturday, June 7, 2003, at 1:00 PM, at the Sheraton Old Town Inn, 800 Rio Grande Boulevard, NW, Albuquerque, New Mexico 87104.
Cybersurf Introduces Dial-up Service that's up to Five Times Faster
CALGARY, Alberta, April 16, 2003 (PRIMEZONE) -- Cybersurf Corp. (Other OTC:CYBUF) (TSX Venture Exchange:CY), one of Canada's leading Internet services and technology companies, today announced that it has signed an agreement with Propel Software Corporation of San Jose California (www.proprel.com) to enhance the speed and performance of the company's 3webXS dial-up Internet service. Under the terms of this agreement, Propel Accelerator, a proprietary technology that significantly increases dial-up Internet speed, will be offered to Cybersurf's 3webXS subscribers as value-added Internet services.
Sonoran Energy, Inc.
Sonoran Energy Adds New Oil Production and Completes Merzonian Lease Acquisition
LOS ANGELES, April 16, 2003 (PRIMEZONE) -- Sonoran Energy, Inc. (OTCBB:SNRN) announced today that it has completed its 50 percent acquisition of the National Development Company -- Merzonian Lease with operating partner Longbow LLC acquiring the remaining 50%. The acquisition of the lease (Section 22, T22S R27E MDB&M), located in the Deer Creek Oil Field 42 miles north of Bakersfield, California, is a straight production acquisition. The lease consists of six producing wells and one injection well producing approximately 25 barrels of oil per day. This new lease is an offset property to the 93-acre Deer Creek Field Keystone leases acquired in December 2002.