latest news releases from the newsroom
Industri-Matematik Intl. Corp
Walkers Snack Food Moves Closer to its Customers with IMI Software
LONDON and ATLANTA, May 4, 2004 (PRIMEZONE) -- Industri-Matematik International Corp. (IMI) today announced the successful go-live of an upgrade of the IMI supply chain suite at Walkers Snack Foods, the United Kingdom's market leader in snack foods. With the upgrade, which includes the latest releases of IMI Order, IMI Warehouse and IMI Collaboration software, Walkers will move closer to its customers with best practices for accommodating their diverse needs and improving information availability within its customer service operations.
Stafford Energy, Inc. Executes Binding Letter Agreement with Abucco Technologies Inc.
CARSON CITY, Nev., May 4, 2004 (PRIMEZONE) -- Stafford Energy, Inc., ("Stafford") (Pink Sheets:SFDE), has executed a binding Letter Agreement (the "Agreement") with Abucco Technologies Inc. ("Abucco"), a private company incorporated under the laws of the Province of British Columbia, whereby Stafford will acquire all of the issued and outstanding shares of Abucco in exchange for receiving the equivalent of 100% of the issued and outstanding shares of Stafford prior to the acquisition of Abucco being completed, which shares of Stafford will be issued pro rata to the shareholders of Abucco on the closing date. The Agreement is subject to the satisfactory due diligence by both Stafford and Abucco, as well as Abucco receiving the approval from its shareholders. Stafford and Abucco intend to enter into a more formal share exchange agreement and other documents that more fully delineate and formalize the terms outlined in the Agreement.
CYOP Systems International Inc
CYOP to Enter Into Mainstream Video Game Industry
VANCOUVER, B.C., May 3, 2004 (PRIMEZONE) -- CYOP Systems International Inc. (OTCBB:CYOS), the leading provider of online video games and tournaments of skill, announced that it has embarked upon a strategy of building associations with "Tier One" game developers in an effort to add more games into its licensed CrediPlay Skill Gaming systems.
Ohio Legacy Corp
Ohio Legacy Corp Announces First Quarter Results
WOOSTER, Ohio, May 3, 2004 (PRIMEZONE) -- Ohio Legacy Corp (Nasdaq:OLCB), the parent of Ohio Legacy Bank, N.A., today reported net earnings for the three months ending March 31, 2004, of $222,000 or $0.10 per share, compared to $136,000, or $0.07 per share, during the first quarter of 2003. At March 31, 2004, total assets were $168.9 million, an increase of $9.8 million, or 6%, from December 31, 2003. The funding for the asset growth was equally distributed between increases in deposit balances and borrowings from the Federal Home Loan Bank of Cincinnati. During the first quarter of 2004, total loans increased $7.6 million, or 7%, to $117.6 million.
Ocwen Financial Corp.
Ocwen Financial Corporation Schedules Conference Call -- First Quarter 2004 Results
WEST PALM BEACH, Fla., May 3, 2004 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN), will hold its First Quarter conference call and audio webcast on Thursday, May 6, 2004, at 4:00 p.m. (ET), to review the Company's operating results. These events will follow Ocwen's First Quarter earnings release. The press release will also be available on the Ocwen Financial Corporation Shareholder Relations website at www.ocwen.com.
United Online, Inc.
United Online To Present At Thomas Weisel Partners Internet 2004 Conference
WESTLAKE VILLAGE, Calif., May 3, 2004 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet subscription services, today announced that it will present at Thomas Weisel Partners Internet 2004 Conference on May 4, 2004 in San Francisco, CA. Mark R. Goldston, chairman, CEO, will speak at the event. The company is scheduled to present at 9:10 a.m. PT (12:10 p.m. ET).
ViaStar Holdings, Inc.
Viastar Media Corporation Comments on Unauthorized Spam Email
PHOENIX, May 3, 2004 (PRIMEZONE) -- Viastar Media Corporation. (OTCBB:VISH) announced today that the Company has become aware that unauthorized spam email is being transmitted about Viastar by an unknown third party or parties. The spam email is being sent by an unidentified person(s) or entity(s) and contains information which did not originate from the Company, was never approved or authorized by the Company and in fact, contains erroneous and inaccurate information about the Company and its business. Viastar has received numerous complaints about this spam email and is taking all necessary steps to investigate it.