latest news releases from the newsroom
Linedata Services: Sharp Increase in 2001 Results -- Sales Up 47%; Operating Profit Up 55%
PARIS, March 26, 2002 (PRIMEZONE) -- Linedata Services (Paris Stock Exchange: LDSV) reported a 47% rise in sales to E79.1 million in 2001, exceeding its initial target by E2.1 million. Organic growth is 15.0%, in line with expectations. At December 31, 2001, the Asset Management area accounted for 54% of total sales, Credit Finance 23% and Employee Saving 23%. More than 22% of sales now comes from business outside France, compared with 9% in 2000.
Murray, Frank & Sailer LLP
Rabin & Peckel LLP Commences Class Action Against Medi-Hut Co., Certain of its Officers and Directors, and its Auditors Alleging Violations of Federal Securities Law -- MHUT
NEW YORK, March 26, 2002 (PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the District of New Jersey, civil action number 02-1301-MLC, on behalf of all persons or entities, who purchased Medi-Hut Co. Inc. ("Medi-Hut" or the "Company") common stock (Nasdaq:MHUT) between April 4, 2000 through February 4, 2002, both dates inclusive (the "Class Period"). Joseph A. Sanpietro, Laurence M. Simon, Robert Russo, Vincent Sanpietro, James G. Aaron, James S. Vacarro, Lawrence Marasco, and Medi-Hut's auditor Rosenberg Rich Baker Berman & Co. were also named as defendants in the action.
Family Offer from Europolitan Vodafone Soon to Hit ICA Stores
STOCKHOLM, Sweden, March 26, 2002 (PRIMEZONE) -- A unique concept in mobile telephony will be offered next year to Swedish grocery chain ICA's customers. The offer is being developed by Europolitan Vodafone and will directly target ICA's 2.8 million active card customers. The concept is being designed with families in mind.