latest news releases from the newsroom
Federal Security Protection Services Inc.
FSPS, Inc. and Valta Communications, Inc. Discontinue Acquisition Discussions
NEW ORLEANS, April 7, 2003 (PRIMEZONE) -- Federal Security Protection Services, Inc. ("FSPS") (OTCBB:FSPS) announced that it is discontinuing further discussions with Valta Communications, Inc. ("Valta") to negotiate and consummate a tax-free stock exchange acquisition agreement. Michael Landers, Vice President of Finance of FSPS said, "As due diligence discussions with Valta continued, it became apparent that the acquisition would not be in the best interests of the FSPS shareholders. Management of FSPS continues looking for suitable mergers and acquisitions."
Cardo Annual General Meeting
MALMO, Sweden, April 7, 2003 (PRIMEZONE) -- At Cardo AB's annual general meeting today, the following members of the board were re-elected: Tuve Johannesson, Berthold Lindqvist, Fredrik Lundberg, Lennart Nilsson, Bengt Pettersson, Anders Rydin and Kjell Svensson.
Pharmacia to be delisted from Stockholmsborsen
STOCKHOLM, April 7, 2003 (PRIMEZONE) -- Pharmacia requested today that its shares be delisted from Stockholmsborsen due to the company's merger with Pfizer. The final date for trading in the shares will be Friday, April 11. Stockholmsborsen will offer trading in Pfizer shares, which will commence as soon as the exchange of depositary receipts in Pharmacia for Pfizer shares has been completed. According to the prospectus sent to Pharmacia shareholders, this will take approximately three weeks
Eyemakers, Inc., Signs Letter of Intent for Acquisition
DEL MAR, Calif., April 7, 2003 (PRIMEZONE) -- Eyemakers, Inc., (Pink Sheets:EYEM) announces the signing of a letter of intent (LOI) with a public company that provides LASIK corrective eye surgery to its patients in the Southwest. This LOI sets the stage for Eyemakers to acquire a company which has projected 2003 revenues of over $2 million. The two companies are now in the process of finalizing a share purchase agreement which will be announced in coming weeks.
Chitwood & Harley
Chitwood & Harley LLP Announces Class Period of September 21, 2001 Through January 31, 2003 in Securities Fraud Suit Against Fifth Third Bancorp -- FITB
ATLANTA, April 7, 2003 (PRIMEZONE) -- Chitwood & Harley LLP announces that a class action lawsuit is pending in the United States District Court for the Southern District of Ohio, Western Division, against Fifth Third Bancorp ("Fifth Third" or the "Company") (Nasdaq:FITB), and certain of its officers. The suit was brought on behalf of purchasers of the publicly traded securities of Fifth Third Bancorp between September 21, 2001 and January 31, 2003, inclusive ("Class Period").
Virage Announces VS Webcasting 3.0
LAS VEGAS, April 7, 2003 (PRIMEZONE) -- NAB 2003 - Virage Booth No. SL1854 -- Virage, Inc. (Nasdaq:VRGE) today introduced VS Webcasting(tm) 3.0, its next-generation software solution for enterprise webcasting. The company will demonstrate this product for the first time at the National Association of Broadcasters (NAB) 2003 Conference in Las Vegas, Nevada, April 7-10, Virage booth No. SL1854.