latest news releases from the newsroom
KIWI Network Solutions, Inc.
Koala Changes Name to KIWI Network Solutions, Inc. and Announces New Trading Symbol, KWNS, Effective Immediately
FT. LAUDERDALE, Fla., Jan. 14, 2004 (PRIMEZONE) -- Koala International Wireless Inc. (OTCBB:KIWIE), http://www.kiwimobile.com, has announced today that it has changed its name to KIWI Network Solutions Inc. and that its new trading symbol is now KWNS (OTCBB:KWNS) effective immediately. The Company also stated that it expects to file its 10-KSB for the year ended September 30, 2003, within the next seven (7) days.
Q-Med starts study within new medical area
UPPSALA, Sweden, Jan. 14, 2004 (PRIMEZONE) -- Q-Med has obtained approval from the Swedish Medical Products Agency to begin a study on patients with GastroEsophageal Reflux Disease, GERD.
Network Installation Corporation
Network Installation Awarded New Project Order From UCLA
IRVINE, Calif., Jan. 14, 2004 (PRIMEZONE) -- Network Installation Corp. (OTCBB:NWIS) announced today it has received a new project order from UCLA. The project is part of the UCLA's "Connected" initiative and entails the upgrade of high-speed data locations throughout Rolfe Hall for the English, Chicana and Chicano Studies and the Romance Linguistics and Literature computer labs, classrooms and offices. The improvements will enable students to access both the University's intranet as well as the Internet more efficiently and at greater speed. The project is valued at $78,000.
Force Protection, Inc. Hires CFO
CHARLESTON, S.C., Jan. 14, 2004 (PRIMEZONE) -- Force Protection, Inc. (OTCBB:FRCP) announced today the appointment of Thomas H. Thebes, Jr., to the position of Chief Financial Officer. Mr. Thebes will hold the same position in Technical Solutions Group, Inc., a wholly owned subsidiary of Force Protection, Inc. He will report directly to Michael Watts, the Company's CEO.
Headliners Entertainment Group, LLC
Rascals Announces Acquisition Agreement
WEST ORANGE, N.J., Jan. 14, 2004 (PRIMEZONE) -- Rascals International Inc. (OTCBB:RSCA) announced today that it had signed a definitive purchase agreement to acquire 100% ownership of a nationally known chain of popular nightclubs. The purchase, for a combination of cash, stock and the assumption of debt, will add approximately $12.0 million of annual revenue, and a 20 percent pretax net to Rascals' existing comedy club operations during the 2004 fiscal year. The parties anticipate closing the transaction in the First Quarter 2004.
Yahoo! withdraws from Zed
STOCKHOLM, Sweden, Jan. 14, 2004 (PRIMEZONE) -- TeliaSonera has today confirmed Yahoo! Inc has exercised its option to sell back to TeliaSonera the original investment of 15 percent equity interest of Sonera Zed Ltd, that was granted in 2002. The transaction is made with the same terms as in 2002.