latest news releases from the newsroom
Invik: Notice of Extraordinary General Meeting
STOCKHOLM, Sweden, July 28, 2004 (PRIMEZONE) -- The shareholders in Invik & Co. AB (publ) are hereby invited to an Extraordinary General Meeting on Thursday 26 August 2004 at 9.30 CET at Brasserie by the Sea, Tullhus 2, Skeppsbron, Stockholm.
Finalisation of Merger with Kinnevik New CEO Appointed
STOCKHOLM, Sweden, July 28, 2004 (PRIMEZONE) -- Invik & Co. AB ("Invik") today announced that the Swedish Companies Registration Office has registered the merger between Invik and Industriforvaltnings AB Kinnevik ("Kinnevik"). The registration is in line with the previously communicated schedule and marks the finalisation of the merger with Kinnevik. As announced previously, Vigo Carlund has been appointed as CEO of Invik.
EnXnet, Inc. Announces Filing of Acousto-Magnetic Design Patent
TULSA, Okla., July 28, 2004 (PRIMEZONE) -- EnXnet, Inc. (OTCBB:EXNT) announces it has filed for patent rights covering its design for Acousto-Magnetic (AM) Electronic Article Surveillance (EAS) tags. Due to the multi-part design of current AM EAS tags, their use is limited to attaching them to the packaging materials, sometimes in multiple locations thereon. To defeat the current AM tag, the thief merely needs to remove the AM tag from the product or remove the product from the packaging and walk out undetected with the product. EnXnet's new design, EAMTag, allows the tag to be embedded directly into the product where it cannot be separated from the product being protected, thereby defeating the thief by providing greatly improved protection from retail and employee theft.
STOCKHOLM, Sweden, July 28, 2004 (PRIMEZONE) -- Due to incorrect statements in the press TeliaSonera would like to point out that the sentence "Positive cash flow defined as EBITDA less CAPEX is not expected to be reached for the full year" in the Outlook in TeliaSonera's January-June 2004 report only concerns the business unit International Carrier.
Coastal Holdings, Inc.
Coastal Holdings, Inc. Signs Agreement to Purchase Equity Interest in BioSight Ltd.
HOUSTON, July 28, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) is pleased to announce that it has signed a draft investment agreement to purchase a significant equity interest in BioSight Ltd. Terms of the agreement were not disclosed. Further details of this agreement will be divulged at the Jerusalem Investment Forum (JIF) invitation-only luncheon to be held at the Tel Aviv Hilton on August 9. CSJJ CEO Andrea Cortellazzi will be representing the Company at the investment conference.