latest news releases from the newsroom
Occidental Petroleum Corp.
Occidental Adopts Human Rights Policy
LOS ANGELES, Dec. 7, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced that its board of directors today adopted a corporate-wide human rights policy. The policy reaffirms Occidental's respect for and promotion of human rights as recognized in the Universal Declaration of Human Rights, the International Labour Organization Declaration on Fundamental Principles and Rights at Work, the Voluntary Principles on Security and Human Rights, and the Global Sullivan Principles. The policy specifically provides for social risk assessments prior to the onset of operations in locations outside the United States; the inclusion of human rights provisions in foreign contracts; human rights training programs for employees and security contractors; and background checks on security personnel.
Brower Piven, A Professional Corporation
You May Have the Right to Recover For Injuries Related to Taking Vioxx Announces Law Offices Of Charles J. Piven, P.A.
BALTIMORE, Dec. 7, 2004 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that drug manufacturer Merck & Co. has pulled its best-selling arthritis drug Vioxx off the market, based on data indicating that the drug increases the risk of heart attack and stroke among users. A December 2004 Forbes article stated that Merck's Vioxx liability for claims and lawsuits could reach $38 Billion and the average heart attack settlement could be $650,000. In addition to heart attacks and strokes, Vioxx has also been associated with several other life-threatening and/or serious side effects, including blood clots, angina, nonbacterial meningitis, severe intestinal damage, ulcerations, bleeding, and kidney damage. Those who believe they may have been harmed in any of these or in other ways from the use of Vioxx may also have the opportunity to recover for injuries that can be determined to have been caused by taking Vioxx. Law Offices Of Charles J. Piven, P.A. is working with other attorneys to file cases against Merck in courts where we believe there is a good opportunity for recovery; however, there is no guarantee what will occur in any particular case for a particular client.
AdOne Media, Inc.
AdOne Media, Inc. Announces Finalization of Terms with Install Group Worldwide, Inc.
ST. LOUIS, Dec. 7, 2004 (PRIMEZONE) -- AdOne Media, Inc. (Pink Sheets:ADON) today announced the finalization of terms with Install Group Worldwide, Inc. Under the terms of the purchase, AdOne will issue a note for $500,000 in favor of the stockholders of Install Group as well as provide them with an override of 10% of sales for the next three years. Jim Neumann stated, "The acquisition of Install Group will provide a tremendously solid backbone for the growth of AdOne Media. Install Group has had a ten year successful track record. With current contracts in place, Install Group should provide AdOne Media with revenues in '05 in excess of $10 million dollars with operating margins in the 45% range." The acquisition will be finalized no later than Dec. 31, 2004 and AdOne is scheduled to take over operations as of Jan. 1, 2005.