latest news releases from the newsroom
That Caucafrican Distraction -- A Clever and Humorous Novel on Dual Heritage and Affirmative Action
RICHMOND, Va., Dec. 7, 2004 (PRIMEZONE) -- Meet Ernest Karlsson, blue-eyed and tanned all year round, and a weasel in getting what he has set himself for--chairmanship of one of the biggest companies in the country. He sees a way to his ambitions by marrying the homely daughter of the big boss. But Ernest has one dirty little secret--he is hiding his true identity and his black heritage. In a witty and provocative hypothetical scenario to the state's policy of affirmative action, author H.W. Benjamin spins an engrossing novel entitled That Caucafrican Distraction.
Equitable Life Assurance Society
Equitable Life Assurance Society - Extending Invitation
London, United Kingdom, Dec. 7, 2004 (PRIMEZONE) -- The Equitable Life Assurance Society ("the Society") today announced, in connection with its 4 November 2004 invitation to holders of the Bonds to submit offers to sell Bonds to the Society for cash (the "Invitation"), that it is extending the Invitation to the effect that the Invitation will now expire at 3:00 pm London time on 8 December 2004. Except for this change of the expiration date of the Invitation to 8 December 2004, the terms and conditions of the Invitation remain unchanged. As at 3:00 pm London time on 6 December 2004 approximately GBP300,000 principal amount of Bonds had been tendered at a price of GBP800 per GBP1,000 principal amount of Bonds. Pursuant to the Invitation offers of tendered Bonds may be withdrawn at any time prior to the expiration time on 8 December 2004.
Silverpop CEO Receives Top Honor from DMA Council
ATLANTA, Dec. 7, 2004 (PRIMEZONE) -- Silverpop, a leading provider of comprehensive permission-based email marketing solutions, announced today that its CEO, Bill Nussey, is the recipient of the Direct Marketing Association's Marketing Technology and Internet Council Annual Award of Excellence.
UTi Worldwide Announces Proposed Offerings of Shares for Uniserv's Monetization Transactions
RANCHO DOMINGUEZ, Calif., Dec. 7, 2004 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) ("UTi Worldwide"), an international, non-asset based global integrated logistics company, announced today that its largest shareholder, United Service Technologies Limited ("Uniserv"), proposes to enter into certain monetization transactions relating to ordinary shares of UTi Worldwide. In connection with the monetization transactions, the underwriters named below or their affiliates are publicly offering ordinary shares in registered underwritten and non-underwritten offerings. In connection with the monetization transactions, a total of 6,620,000 ordinary shares have been registered for sale, subject to an increase to 7,613,000 ordinary shares if the underwriters exercise their over-allotment option in full in the underwritten offering. UTi Worldwide will not receive any proceeds from the sale of the shares by the sellers, nor will the company issue any new ordinary shares in connection with the proposed offerings. Bear, Stearns & Co. Inc. and Credit Suisse First Boston LLC are serving as Joint Book-Running Managers for the underwritten offering.