Skandia Sweden's New Organisation Ready -- Customer Centres to be Concentrated at Three Locations
STOCKHOLM, Sweden, Oct. 13, 2004 (PRIMEZONE) -- Skandia Sweden will be concentrating its customer centre activities in Sundsvall, Gothenburg and Linkoping, while the customer service operation in Stockholm, with 110 employees, will be closed. Some redundancies will also occur in other parts of the organisation through the co-ordination of joint functions. A total of 200 employees will be affected.
Skanska Sells Shareholding in Indian Subsidiary
STOCKHOLM, Sweden, Oct. 13, 2004 (PRIMEZONE) -- Skanska has signed a memorandum of understanding covering the sale of its majority shareholding, corresponding to 80.4 percent, in Skanska Cementation India Ltd. (SCI). The buyer is Thailand-based Italian-Thai Development Plc (ITD). A binding agreement is expected to be signed within the next few weeks.
Close to 100% of Rights Exercised in Converium's Capital Increase
ZUG, Switzerland, Oct. 13, 2004 (PRIMEZONE) -- Converium informs that close to 100 percent of purchase rights were exercised in its CHF 533 million capital increase (approx. US$ 420 million).
Powerwave Technologies Announces Third Quarter Conference Call Information
SANTA ANA, Calif., October 12, 2004 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) announced today that it will provide a simultaneous Webcast and live dial-in number of its third quarter ended October 3, 2004 financial results conference call on Thursday, October 21, 2004, at 9:00 AM Eastern Time. Powerwave will be releasing its third quarter 2004 financial results on Thursday, October 21, 2004, at 8:00 AM Eastern Time. To access this audio Webcast, select the Investor Relations page at www.powerwave.com and select the Powerwave Technologies Q3 earnings conference call. To listen to the live call, please dial +001 (617) 847-8705 and enter reservation number 97634188.
DALLAS, Oct. 12, 2004 (PRIMEZONE) -- John Pentony, Publisher of TalkingStocks.com, announced LocatePLUS Holdings Corporation (OTCBB:LPLHA) (OTCBB:LPLHB) (OTCBB:LPLHW) as the "Ask The CEO" show for Tuesday, October 19, 2004 at 9:00 a.m. Eastern time. "Ask The CEO" will be speaking to the President and CEO of LocatePLUS Holdings Corporation, Jon Latorella. We encourage those who have a question for Mr. Latorella to call our toll free number and leave the question as either a voice mail or a fax. This telephone line will be open between now and Sunday, October 17, 2004.
Tubac Holdings, Inc. Commences Explosive Acquisition Activity
TUBAC, Ariz., Oct. 12, 2004 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH) is a holding company that has taken a major financial position in two companies, Chef Selections and New Life Solutions. Each company is answering to the demands of its own multi-billion dollar industry. Chef Selections enters the multi-billion dollar food industry, while New Life Solutions markets nutraceuticals, which is expected to reach $21 billion by 2006.
UTi Worldwide Acquires Unigistix, Canadian 3PL Contract Logistics Provider
RANCHO DOMINGUEZ, Calif., Oct. 12, 2004 (PRIMEZONE) -- UTi Worldwide Inc. (NASDAQ:UTIW) today announced a further expansion of its contract logistics capabilities with the acquisition of Unigistix Inc., based in Toronto, Ontario, Canada.
ART International Retains Zing Bias as Marketing & PR Consultants
MARKHAM, Ontario, Oct. 12, 2004 (PRIMEZONE) -- ART International Corporation, (OTCBB:ARIOF) is pleased to announce that its wholly-owned subsidiary, Diamant Film Inc., the North American distributor of a revolutionary non-PVC stretch wrap, has retained Zing Bias of Toronto, Canada as Marketing Strategists.
Federal Protective Services Performs Test & Evaluation of Wolf Pack at High Profile Venues
BAY CITY, Mich. and TORONTO, Oct. 12, 2004 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC):
Mission Oaks Grows to More Than $107 Million
TEMECULA, Calif., Oct. 12, 2004 (PRIMEZONE) -- Mission Oaks National Bank (OTCBB:MKNB) reported record results in the third quarter ended Sept. 30 as assets climbed to more than $107 million.
