latest news releases from the newsroom
Subscription Rate Increased for Telia ADSL Broadband
STOCKHOLM, Sweden, March 26, 2002 (PRIMEZONE) -- Telia is raising the monthly subscription rate for its Telia ADSL Broadband service for private subscribers from SEK 325 to SEK 375. "Telia e-bolaget must improve its profitability in order to manage its continuing expansion and development," said Karin Moberg, President of Telia e-bolaget AB.
InnovationsKapital Invests in Software Company Corus Technologies AB
STOCKHOLM, Sweden, March 26, 2002 (PRIMEZONE) -- Corus Technologies is the leading company in the Nordic region in advanced IT integration. Corus offers products and services for turnkey integration projects. InnovationsKapital invested SEK 20 million in new capital via its third fund, InnKap 3 Partners. InnovationsKapital will thus become one of the three major investors of the company. Other shareholders are IT Provider, Woodbridge, Amymone, the founders and employees.
Stull, Stull & Brody, Los Angeles
CORRECTION: Stull, Stull & Brody Announces the Deadline to Move the Court to Serve as Lead Plaintiff in the Shareholder Class Action Against Irvine Sensors Corporation is April 16, 2002
LOS ANGELES, March 25, 2002 (PRIMEZONE) -- This is a reminder to all potential class members that a class action lawsuit was filed on February 14, 2002 in the United States District Court for the Central District of California, Southern Division, case number SA 02-159 GLT (MLR), on behalf of purchasers of Irvine Sensors Corporation ("ISC" or the "Company"') (Nasdaq:IRSN), common stock between January 6, 2000 and September 15, 2001, inclusive (the "Class Period"). You may obtain a copy of the complaint from the Court or from Stull, Stull & Brody.
Northrop Grumman Corp.
Northrop Grumman Expands Silencer(TM) Line to Offer Two New Brushless DC Motors
BLACKSBURG, Va., March 25, 2002 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) today announced it has expanded its line of high-performance Silencer(TM) brushless DC motors to include a higher speed version in the 34 frame size (BN34) and a higher energy version in the 23 frame size (BN23). Both motors were developed by Poly-Scientific, a business unit of the company's Component Technologies sector.
Wilhelm Sonesson Offers Shareholders Opportunity to Acquire Other Operations
MALMO, Sweden, March 25, 2002 (PRIMEZONE) -- The Board of Wilhelm Sonesson has resolved to recommend to the Annual General Meeting on April 24, 2002 a division of current operations into two separate companies. Wilh. Sonesson will become a streamlined company focused on Consumer Healthcare while Other Operations will be gathered within a new company, comprising Sonesson Inredningar (furnishings), SoftCenter, MW Trading and investments within the field of technology, with the exception of Optilink. As previously announced, the Board of Wilh. Sonesson has resolved to propose to the Annual General Meeting that holdings in Optilink be distributed among Wil. Sonesson's shareholders.