latest news releases from the newsroom
ASM International NV
ASM International Reports Final 2004 Second Quarter Operating Results
BILTHOVEN, The Netherlands, July 27, 2004 (PRIMEZONE) -- ASM International N.V. (Nasdaq:ASMI) (Euronext Amsterdam:ASM) reports today the operating results for the second quarter of 2004. Net earnings for the second quarter amounted to Eur 4.4 million, or Eur 0.08 diluted net earnings per share compared to a net loss of Eur (7.3) million or Eur (0.15) net loss per share for the second quarter of 2003.
Powerwave Technologies Reports Second Quarter Results
SANTA ANA, Calif., July 27, 2004 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) today reported net sales of $116.0 million for its second quarter ended July 4, 2004, compared to second quarter fiscal 2003 revenues of $51.5 million. Powerwave also reported a second quarter net loss of $30.2 million, which includes a one-time charge of $23.5 million related to the allocation of a portion of the purchase price associated with Powerwave's acquisition of LGP Allgon Holding AB to in-process research and development expenses. In addition, the second quarter loss includes a restructuring charge of approximately $2.5 million related to the restructuring of the company's operations as part of the integration of the LGP Allgon acquisition, along with a total of $3.8 million of acquisition related amortization resulting from a preliminary purchase price allocation. Powerwave's net loss equates to a basic loss per share of 33 cents for its fiscal second quarter, compared to a net loss of $15.2 million, or a basic loss per share of 23 cents for the prior year period. The second quarter 2003 loss included a restructuring and impairment charge of approximately $9.9 million related to the restructuring of the Company's manufacturing operations. Powerwave completed the acquisition of LGP Allgon Holding AB during the second quarter of 2004 and the results reported herein include the results of LGP Allgon Holding AB for May and June 2004. For the second quarter of fiscal 2004, excluding the restructuring and acquisition related charges and expenses, Powerwave would have reported an operating loss of $500,000 and a net loss after taxes of $1.5 million or a basic loss per share of 2 cents.
OMHEX: Notice to attend an Extraordinary General Meeting of Shareholders
STOCKHOLM, Sweden, July 27, 2004 (PRIMEZONE) -- The shareholders of OMHEX Aktiebolag (publ) ("OMHEX") are hereby given notice to attend an Extraordinary General Meeting of Shareholders to be held on Tuesday, August 31, 2004 at 15.00 CET at OMHEX's headquarters at Tullvaktsvagen 15, (Frihamnen) in Stockholm, Sweden.
AdZone Research, Inc.
AdZone Research Contract from U.S. Government Agency is Extended
CALVERTON, N.Y., July 27, 2004 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR), a provider of pioneering Internet surveillance technology, reported today that the U.S. Government agency which awarded it a contract last month has extended the initial contract. The company said details related to the latest add on to the contract will be contained in its next quarterly filing.
Black Rhino Coffee Retail Kiosk Opening at University of California - Davis Medical Center
ROSEVILLE, Calif., July 27, 2004 (PRIMEZONE) -- Peabodys Coffee, Inc. (OTCBB:PBDY), owner of the USDA certified organic brand Black Rhino Coffee(TM), announced today that a full-service specialty coffee kiosk is in final construction phase and scheduled to open the week of August 9th at the University of California - Davis Medical Center located in Sacramento. The new kiosk will be branded Black Rhino Coffee(TM) and will operate under an independent license agreement. The company also reported that the UC-Davis kiosk operation will donate $1 to the Auburn Community Cancer Endowment Fund ("ACCEF") from the sale of every bag of packaged Black Rhino Coffee sold at the location. All proceeds generated by the ACCEF flow directly to UC-Davis cancer research.
Roy Jacobs & Associates
Roy Jacobs & Associates Announces Expansion of Class Period in Case Brought on Behalf of NBTY, Inc. Shareholders To Cover Recent Purchasers
NEW YORK , July 27, 2004 (PRIMEZONE) -- Roy Jacobs & Associates announced that it has served an amended class action complaint in the United States District Court for the Eastern District of New York on behalf of all persons who purchased or otherwise acquired publicly traded securities of NBTY, Inc. ("NBTY" or the "Company") (NYSE:NTY) between April 22, 2004 and July 22, 2004, inclusive, (the "Class Period"). The amended complaint now expands the lawsuit to cover purchasers between June 17, 2004 and July 22, 2004, and continues to assert claims against NBTY and its top executives, Scott Rudolph and Harvey Kamil.