latest news releases from the newsroom
Tele 2: Sven Hagstromer Will Resign as Chairman at the Annual General Meeting 2006
STOCKHOLM, Sweden, Nov. 21, 2005 (PRIMEZONE) -- Sven Hagstromer, Chairman of Tele2 AB, has today informed Tele2's Nomination Group of his intention to resign from the Board of Directors of Tele2, in conjunction with the Annual General Meeting 2006. Sven Hagstromer has been a member of the Board of Tele2 since 1997 and Chairman since 2003. Revenue from 2003 until end 2004 rose 38%, with profit after taxes of MSEK 1,902 for the full year 2004.
Cereplast Bio-based Resin Introduced at Frank Lloyd Wright Designed Marin County Civic Center
HAWTHORNE, Calif., Nov. 21, 2005 (PRIMEZONE) -- Cereplast(tm), Inc. (OTCBB:CERP), producer of proprietary bio-based resins which are used as substitutes for petroleum-based plastics, announced today that the Company's resin was used to manufacture the compostable food service ware that is now in use at the Frank Lloyd Wright designed Marin County Civic Center. "Meeting the needs of the present without compromising the future" is the theme of the overall environmental policy of Marin County. To follow county policy, the selection of Cereplast made-products was a logical choice.
Security Intelligence Technologies, Inc.
Security Intelligence Technologies, Inc. Announces Stock Distribution
NEW YORK, Nov. 21, 2005 (PRIMEZONE) -- Security Intelligence Technologies, Inc. (OTCBB:SITG) today announced its board of directors has authorized a three-for-one stock distribution pursuant to which the Company will issue two shares of common stock for each share outstanding on the record date, November 28, 2005. The shares will be distributed to stockholders on or about December 5, 2005. In connection therewith, the Company's board of directors authorized an amendment to its Articles of Incorporation increasing the authorized number of shares of common stock from 100,000,000 to 300,000,000 shares effective November 28, 2005.
Harsco Completes Acquisition of Hunnebeck Group GmbH
HARRISBURG, Pa., Nov. 21, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that it has completed its previously announced acquisition of Hunnebeck Group GmbH, Europe's third-largest provider of highly engineered construction formwork and scaffolding services for the construction industry. As previously announced, the Company paid E140 million (approximately $165 million) for the business. The acquisition is expected to be accretive to Harsco's earnings in 2006.
Smart-tek Solutions Inc.
Smart-tek CEO Meets With Chinese Officials On Avian Flu
CORTE MADERA, Calif., Nov. 21, 2005 (PRIMEZONE) -- Smart-tek Solutions, Inc. (OTCBB:STTK) announced today that the company has met and discussed with the Chinese government to immediately prepare for test trials of its RFID monitoring and tracking technologies at a poultry farm in China, in the fight against the possible spread of the H5N1 Avian Influenza.
Sun New Media Inc.
Sun New Media Further Revises Transaction with Sun Business Network
DIAMOND BAR, Calif., Nov. 21, 2005 (PRIMEZONE) -- Sun New Media Inc. (OTCBB:SNMDE) ("SNMI") today announced it has entered into agreements to acquire certain assets from and a minority equity interest in Sun Business Network, Ltd. ("SBN"). SBN is engaged in business media in Asia and is publicly traded on the Singapore Stock Exchange. The transactions contemplated by these new agreements supersede in their entirety the transactions with SBN previously announced by the Company.