latest news releases from the newsroom
Biovitrum Completes Acquisition of Cambridge Biotechnology Ltd.
STOCKHOLM, Sweden, April 25, 2005 (PRIMEZONE) -- An extra annual general meeting of the shareholders in Biovitrum AB has taken the formal decisions required to complete the acquisition of Cambridge Biotechnology Ltd (CBT). As a wholly owned subsidiary of Biovitrum, CBT will be included in the Group's accounts effective April 18. CBT's drug discovery operations focus on obesity, pain and inflammation. The company's projects are at an advanced stage, with one currently in the clinical phase and another expected to enter Phase I in 2006. As a Biovitrum subsidiary, CBT will continue to operate as an autonomous and innovative R&D unit, based in Cambridge, in the UK. "The acquisition of CBT is in line with our core business-development strategy and is significant for Biovitrum. We are developing our therapeutic base and this acquisition provides us with a direct connection into one of Europe's most interesting research and biotech clusters, says Mats Pettersson," CEO of Biovitrum.
Micron Enviro Systems, Inc.
Micron Enviro Systems Company Update
VANCOUVER, British Columbia, April 25, 2005 (PRIMEZONE) -- Micron Enviro Systems, Inc. ("MSEV") (OTCBB:MSEV) (OTCBB:MSEVE) wishes to report that the reason it received an "E" on its symbol on April 22, 2005, was due to an oversight in regards to the auditor's opinion letter not being filed with the SEC as part of MSEV's Form 10-KSB. The auditor's opinion which is part of the audited year end financial statements was erroneously not included. Subsequently, MSEV has filed an amended Form 10-KSB with the SEC which included the auditor's report. The financial statements and the Annual Report were submitted in a timely manner. This error has now been rectified and MSEV was informed by the NASQ that they anticipate that the "E" will be removed by open of trading on the morning of Tuesday, April 26, 2005.
Buffalo Technology (USA), Inc.
Buffalo Technology to Offer Next Generation Wireless Solutions With True MIMO by Airgo
AUSTIN, Texas, April 25, 2005 (PRIMEZONE) -- Buffalo Technology, a global leader in the design, development and manufacturing of wired and wireless networking, storage and memory solutions today announced it has partnered with Airgo(tm) Networks and has expanded its product line to include a True MIMOTM router and notebook adapter. The AirStation MIMO Wireless Cable/DSL Router (WZR-G108) and the AirStation MIMO Wireless Notebook Adapter (WLI-CB-G108) will provide customers with unsurpassed performance and the most advanced wireless technology available on the market today.
Aztec Oil & Gas, Inc.
Aztec Oil & Gas Announces Drilling Progress on First New Deep Lake Well
HOUSTON, April 25, 2005 (PRIMEZONE) -- Aztec Oil & Gas, Inc. (OTCBB:AZGS) announced today that the drilling of the first well in the two-well drilling program in the Deep Lake Field in Cameron Parish, Louisiana (state lease 18346), in which Aztec has a minority participation interest, has already passed a drill depth of 8,650 feet. The targeted total depth for this first well is approximately 13,900 feet.
OpVista Strengthens Sales Force
IRVINE, Calif., April 25, 2005 (PRIMEZONE) -- OpVista, Inc., the company delivering tomorrow's converged WDM networks today, has made a solid commitment to its future by securing several top industry veterans to bolster and strengthen its sales organization throughout North America.