latest news releases from the newsroom
Target Markets, Inc.
Target Markets Program Administrators Association: Lexington's Kevin Kelley to Give Keynote Address
WILMINGTON, Del., April 15, 2003 (PRIMEZONE) -- The Target Markets Program Administrators Association has announced that Kevin Kelley, Chairman, CEO and President of AIG's Lexington's Insurance Company, will be giving a keynote address at the Association's Third Annual Program Administrators Summit this year in Tempe, Arizona (October 20-23). Billed as "The Most Intensive Three Days of Program-Related Issues You'll Ever Experience," the Summit brings over 250 Program Business Professionals together for three days of networking, workshops, carrier presentations/meetings, and services directed at the unique needs of program administrators. "Mr. Kelley will be providing the keynote that kicks off the "markets" portion of our event," said Ray Scotto, Executive Director of the Association. "We were very pleased to have Mr. Kelley open this part of the Summit for us, given Lexington's leadership in Program Business. Our members will be very anxious to hear what Mr. Kelley has to say about the program business market. He has also agreed to participate in the Carrier Panel Discussion scheduled at the event."
Adesta Works to Protect Underground Facilities In Chicago and Surrounding Areas
OMAHA, Neb., April 15, 2003 (PRIMEZONE) -- Several Illinois utilities will protect their underground facilities with maintenance services provided by Adesta LLC, a systems integrator for communications networks, electronic security systems, and intelligent transportation systems. The company's Midwest regional office in Romeoville, Illinois, will screen one-call tickets and perform locates for the utilities as a part of JULIE (Joint Utility Locating Information for Excavators). New agreements have been signed with North Shore Sanitary District, Wheaton Sanitary District, Mill Creek Special Service Area, and Touch America, a telecommunications company.
Occidental Petroleum Corp.
Occidental Completes Permian Basin Acquisitions
LOS ANGELES, April 15, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the closing of three acquisitions in the Permian Basin during the first part of 2003. These three transactions will result in proved reserve additions totaling an estimated 73 million barrels of oil equivalent (BOE) for a net acquisition cost of approximately $235 million, or roughly $3.20 per BOE.
Annual General Meeting of AB SKF
GOTEBORG, Sweden, April 15, 2003 (PRIMEZONE) -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group (Nasdaq:SKFR), was held in Goteborg on Tuseday, April 15, 2003, under the chairmanship of Mr. Anders Scharp.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Unveils Operational Concept for Naval Unmanned Combat Air Vehicle
EL SEGUNDO, Calif., April 15, 2003 (PRIMEZONE) -- Northrop Grumman Corporation's (NYSE:NOC) Integrated Systems sector today unveiled its operational system concept for a naval unmanned combat air vehicle (UCAV-N) designed to fly surveillance, strike and suppression-of-enemy-air-defense missions from an aircraft carrier. The concept represents Northrop Grumman's participation in an emerging government competition to develop and demonstrate UCAVs that could perform U.S. Navy and Air Force missions.