latest news releases from the newsroom
Psychology Key to Preventing Information Security Damage -- New Book Examines Links Between Employee Behavior and Companies' Safeguard Policies
ST. LOUIS, Mo., June 30, 2005 (PRIMEZONE) -- In the past year, an alarming increase in identify theft and other devastating incidents of compromised security wreaked by computer hackers have left companies scrambling for better safeguards and their clients understandably wary. Although technology provides infinite possibilities of storing, using and sharing information, pitfalls abound in the cyber realm. In his new book, Information Security Awareness: The Psychology Behind the Technology (now available through AuthorHouse) Timothy P. Layton Sr. offers a unique approach to this critical aspect in the world of business.
Northrop Grumman Corp.
Northrop Grumman's Fire Scout UAV Takes Center Stage at Air Demonstration
PATUXENT RIVER, Md., June 30, 2005 (PRIMEZONE) -- On June 27, Northrop Grumman Corporation's (NYSE:NOC) RQ-8A Fire Scout vertical takeoff and landing tactical unmanned air vehicle (UAV) demonstrated fully autonomous flight, operational flexibility and showcased the complete U.S. Navy system architecture -- demonstrating key Navy requirements including the tactical-control system, ground-control station and data transmission using a tactical common-data link -- during a two-hour flight demonstration at the Navy's Webster Field annex, Naval Air Station Patuxent River, Md.
Medicover's New Share Issue Oversubscribed
STOCKHOLM, Sweden, June 30, 2005 (PRIMEZONE) -- The new share issue in Medicover Holding S.A. has now been completed. The new share issue was oversubscribed with 124%. 1,708,638 shares, representing 96.0% of the offered new shares, were subscribed for with preferential rights. Through the new share issue Medicover will receive SEK 106,842,180 (EUR 11.684.543,65), before issue costs.
First Horizon National Corporation
Historic Beale Street Now Has Official Bank
MEMPHIS, Tenn., June 30, 2005 (PRIMEZONE) -- First Tennessee Bank, which has earned the largest market share in Tennessee and one of the highest customer retention rates of any bank in the country, has been named the Official Bank of Beale Street. For more than 140 years, First Tennessee's headquarters has been located just blocks from Beale Street in downtown Memphis.
Royal Numico NV
Numico Completes Restructuring Chinese Baby Food Activities
SCHIPHOL AIRPORT, Netherlands, June 30, 2005 (PRIMEZONE) -- Royal Numico N.V. announces that it has completed the restructuring of its baby food activities in China which will substantially improve the financial performance of the continued baby food operations in China. Numico announced on 3 March 2005 that the company will fully focus its Chinese baby food activities on its premium brand Cow & Gate in Shanghai and the Guangdong province. In order to specifically further develop the Guangdong province, Numico has set up an exclusive marketing and distribution agreement with Hutchison which will come into effect as of 1 July 2005.
Ruby Mining Company
Ruby Mining Company Secures $2.5 Million Financing
ATLANTA, June 30, 2005 (PRIMEZONE) -- Ruby Mining Company (OTCBB:RUBM), conducting operations through its subsidiary, Admiralty Corporation (Admiralty), announced today that it has completed a financing involving the sale of $2,500,000 in secured convertible notes ("Notes"), coupled with five-year warrants to acquire common stock ("Warrants"). The notes are to be purchased in three tranches: the first tranche is in the amount of $850,000, which Admiralty received upon the signing of the definitive investment agreements on June 28, 2005. The second tranche, in the amount of $800,000, is due upon the filing of a registration statement with the Securities and Exchange Commission to register the shares of common stock underlying the Notes and Warrants. The third tranche, in the amount of $850,000, is due upon the effectiveness of the registration statement. Under the terms of the notes, the unpaid principal balance of notes, together with any accrued interest thereon, are due and payable three years after the date of issuance. The financing was obtained through the NIR Group of Rosalyn, New York and Laidlaw & Co. (UK) Ltd. of New York City.