latest news releases from the newsroom
Hydro Firm on Plan to Acquire Spinnaker
OSLO, Norway, Nov. 1, 2005 (PRIMEZONE) -- Following comments made by Murphy Oil Corporation last week regarding the Front Runner field in the Gulf of Mexico, Norsk Hydro has consulted with Spinnaker Exploration Company and has reviewed again with Spinnaker the mid-year reserve information relating to Front Runner.
Affibody and Asahi Kasei to Collaborate in Medical Application
STOCKHOLM, Sweden and FUJI, Japan, Nov. 1, 2005 (PRIMEZONE) -- Affibody AB and Asahi Kasei Corporation today announced a research agreement to develop a product which will enable the selective removal of a target molecule from fluid mixtures.Affibody will under the agreement develop an Affibody(R) molecule which will be used as an affinity ligand for removal of the target from mixtures. The high capacity, robustness and high specificity make Affibody molecules ideal affinity capture agents for use in medical applications.
Trintech Group Plc
NationsRent Selects Trintech's Software Suite to Improve Productivity, Streamline Processes and Increase Savings
DALLAS and DUBLIN, Ireland, Nov. 1, 2005 (PRIMEZONE) -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that NationsRent has selected Trintech's ReconNET, DataFlow Transaction Network and Bank Fee Analysis software solutions to optimize their funds management processes. NationsRent will use ReconNET to automate the verification and reconciliation of its bank deposits, and the DataFlow Transaction Network to collect, format and deliver its daily banking data. Bank Fee Analysis is intended to further streamline the company's finance and treasury processes and reduce costs by detecting and recovering fee overcharges.
Alfa Laval Receives Record Order For Heat Exchangers to a Petrochemical Plant
STOCKHOLM, Sweden, Nov. 1, 2005 (PRIMEZONE) -- Alfa Laval -- a world leader in heat transfer, centrifugal separation and fluid handling -- has received an order for plate heat exchangers from Saudi Basic Industries Corporation (SABIC). The equipment is for the Yanbu National Petrochemical Company (YANSAB) in Saudi Arabia. SABIC's appointed Program Management Contractor, Foster Wheeler Energy Ltd, England, is administering the order, which has a total value of about SEK 230 million.
Tele2: 5.87 Percent of the Shares in Versatel Tendered During Post-Acceptance Period
STOCKHOLM, Sweden, Nov. 1, 2005 (PRIMEZONE) -- Further to the earlier press releases of Tele2 Finance B.V. ("Tele2"), issued together with Versatel Telecom International N.V. ("Versatel") and funds advised by Apax Partners, dated 18 July 2005, 17 August 2005, 8 September 2005, 13 September 2005, 10 October 2005 and 14 October 2005, and its sole press release dated 27 October 2005, Tele2 announces that 30,732,106 shares in the capital of Versatel (``Shares") have been tendered during the post-acceptance period, representing 5.87 per cent. of the issued and outstanding share capital of Versatel.
Antisoma Presents AS1404 Data at ECCO -- the European Cancer Conference
LONDON and PARIS, Nov. 1, 2005 (PRIMEZONE) -- Cancer drug developer Antisoma (LSE:ASM) will today present data on its most advanced drug, AS1404, at ECCO -- the European Cancer Conference. AS1404 works by damaging the blood vessels that sustain tumours. New tests have examined this effect by measuring the leakage of a dye from the bloodstream into tissues. Treatment with AS1404 increased leakage into tumour tissue but not into normal skin. This finding provides new and direct evidence that AS1404 selectively disrupts tumour blood vessels whilst leaving those in healthy tissues unharmed.