latest news releases from the newsroom
Sandvik Annual General Meeting 2004
SANDVIKEN, Sweden, May 6, 2004 (PRIMEZONE) -- Sandvik AB's Annual General Meeting in Sandviken on 6 May approved the Board's proposed dividend of SEK 10.50 per share for the 2003 fiscal year. The record date to receive the dividend was set at Tuesday, 11 May 2004. Payment is expected through VPC (Swedish Securities Register Center) on Friday, 14 May 2004.
Atlantis Internet Group Corp.
Atlantis Internet Group's Technology and Executives Link Online Gambling to Traditional U.S. Casinos
HENDERSON, Nev., May 6, 2004 (PRIMEZONE) -- "It happened with music; it's happening with movies; could gambling be next? Although major legal hurdles loom, some feel it is inevitable that online gambling will become legal and regulated in the United States and become an increasingly larger part of the business of gambling," said Donald Bailey, chairman of Atlantis Internet Group (Pink Sheets:ATIG). "Our company is already deriving revenue from licensing its software to U.S. casinos for `play-for-fun' gambling web sites."
Report from the annual general meeting of Teleca AB (publ) held on 6 May 2004
MALMO, Sweden, May 6, 2004 (PRIMEZONE) -- Teleca's annual general meeting on 6 May 2004 adopted the parent company's and the group's accounts. It further discharged the board of directors and the CEO from liability. The CEO, Dan Olofsson, commented on the group's operations and the interim report, which was distributed earlier during the day.
NEON Communications Group, Inc.
Globix Corporation Reports Second Fiscal Quarter 2004 Results
NEW YORK, May 6, 2004 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX) today reported financial results for its Q2 of fiscal year 2004, which ended March 31, 2004, citing continued progress in its operations. During the quarter, Globix made significant strides to further reduce its operating costs and debt load. It completed the sale of its property at 415 Greenwich Street in New York City in January for net cash proceeds of approximately $48.7 million. In March, Globix completed its tender offer for its 11 percent Senior Notes holders and repurchased $40.3 million of principal amount at par value plus accrued interest of $3.7 million.