latest news releases from the newsroom
Kinnevik Settles Dispute with Alecta
STOCKHOLM, Sweden, March 20, 2003 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik (Nasdaq:KVIKA) (Nasdaq:KVIKB) today announced that it has settled an old dispute with Alecta, the pension fund management group, relating to the 1992 tender offer for Korsnas AB.
Northrop Grumman Corp.
Northrop Grumman Receives U.S. Army Award for Smart Card Middleware
HERNDON, Va., March 20, 2003 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) is expanding its smart card systems and services for the Department of the Army. Through a task order from the General Services Administration, Northrop Grumman Information Technology (IT) will deliver middleware that allows smart cards to communicate with computers and computer applications for the Army's Common Access Card (CAC) program.
Carmina Technologies Inc.
Carmina Technologies Subsidiary Signs Agreement with Guelph Food Technology Centre
CALGARY, Alberta, Canada and TORONTO, March 20, 2003 (PRIMEZONE) -- Carmina Technologies Inc. (OTCBB:CARL) announced today that its wholly owned subsidiary, Assured Performance Monitoring Inc. (APM), and The Guelph Food Technology Centre (GFTC) have entered into an agreement to develop new tools for food inspection and quality assurance professionals. Under the terms of the agreement, Guelph will provide its food inspection and audit systems to APM, which will bring them onto its Assur technology platform designed for mobile workforces. Upon completion of the development work by APM, Guelph field auditors will utilize the technology and GFTC will earn royalties on the sale of the basic system to other inspection organizations or food processing companies.
VendTek Systems Inc.
Now Prepay Opens New Sales Channel with Datawest Solutions Inc.
VANCOUVER, British Columbia, Canada, March 20, 2003 (PRIMEZONE) -- VendTek Systems Inc. (TSX Venture Exchange:VSI) ("VendTek"), a leading provider of automated transaction technology, is pleased to announce that its subsidiary Now Prepay Corp. ("Now Prepay") has entered into an agreement with Datawest Solutions Inc. ("Datawest"), to provide a new value-added product via point of sale (POS) terminals.
Volvo the First Western Manufacturer with its own Production of Heavy Trucks in Russia
GOTEBORG, Sweden, March 20, 2003 (PRIMEZONE) -- Volvo (Nasdaq:VOLVY) (Other OTC:VOLVF) (Other OTC:VOLAF): Today's inauguration by Volvo Trucks of its own factory in Russia makes this the first Western truck maker to establish its own production facility for heavy trucks in the country. The company initially expects to produce 200-300 trucks annualy for the Russian market.