latest news releases from the newsroom
New Century Companies, Inc.
New Century Companies Gets $630,000 in Orders During First Week of September
LOS ANGELES, Sept. 14, 2005 (PRIMEZONE) -- New Century Companies, Inc. (OTCBB:NCNC), a leading manufacturer and re-manufacturer of machine tools, today announced that it received orders for two vertical turning centers (VTCs), totaling $630,000, in the first week of September. The orders follow shortly after three VTC orders in August that totaled more than $1 million. Revenue from both orders will be recorded between now and the end of the fourth quarter on December 31, 2005.
Autoliv and Volvo Cars Launch New Airbag
STOCKHOLM, Sweden, Sept. 14, 2005 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV), the worldwide leader in automotive safety, and Volvo Car Corporation have together developed a new airbag, specially designed for convertibles. The new airbag will be available in Volvo's new convertible, the C70, which will be shown this week for the first time at the Frankfurt Auto Show.
Boliden Extends its Copper Price Hedging Arrangements
STOCKHOLM, Sweden, Sept. 14, 2005 (PRIMEZONE) -- Boliden (TSE:BLS) has extended the scope of its price hedging in respect of its planned copper production. Boliden previously hedged 40 per cent of its production for a period of one year and has now hedged 70 per cent of its production up to and including February 2007. The extended hedging arrangements result from the signing of metal futures contracts at an average contract rate of USD 3,203/tonne (USD 1.45/lb).
Micron Enviro Systems, Inc.
Micron Envrio Systems, Inc. Announces Results From Alberta Well Expected Shortly
VANCOUVER, British Columbia, Sept. 14, 2005 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) wishes to report that the Pembina Well in Alberta has been successfully fraced. The operator anticipates that it will be 1-2 weeks before initial flows rates can be reported. The operator feels that gas from both the upper and lower Viking formation in this well should warrant placing the well on production for sales, barring any unforeseen issues.