latest news releases from the newsroom
United Heritage Corporation
United Heritage Corporation Moves Closer to Unlocking Potential of Val Verde Basin Leases
CLEBURNE, Texas, June 14, 2004 (PRIMEZONE) -- United Heritage Corporation (Nasdaq:UHCP) announced today that its wholly owned subsidiary, UHC Petroleum Corporation ("UHC"), has received a permit from the State of Texas to inject nitrogen for the attempted recovery of a greater portion of the "oil in place reserves" under its leases in the Val Verde Basin located in Texas. This recovery technique may unlock the potential of the Company's Texas property, which has approximately 168 million barrels of oil remaining in place.
Gripen contract signed for Czech Republic
LINKOPING, Sweden, June 14, 2004 (PRIMEZONE) -- Today the Swedish Government as well as the Czech Government, has signed a Memorandum of Understanding (MoU), for the lease of 14 newly produced Gripen fighters for a duration of 10 years. At the same time Saab is entering into an agreement with the Swedish Defence Materiel Administration regarding modification and adaptation.
ForeningsSparbanken Sells FIH to Kaupthing for SEK 11.9 Billion
STOCKHOLM, Sweden, June 14, 2004 (PRIMEZONE) -- Swedbank (ForeningsSparbanken) has today signed an agreement to sell its shares in FI-Holding (FIH) to Kaupthing Bunadarbanki hf. Swedbank will receive a total of SEK 11.9 bn in cash (DKK 9.7 bn), of which SEK 9.0 bn (DKK 7.3 bn) including accrued interest from March, 31, at closing and SEK 2.9 bn (DKK 2.4 bn) being capital transferred to Swedbank from FIH prior to closing.
World Golf League, Inc.
The WGL Closes $2.75 Million in Funding
ORLANDO, Fla., June 14, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has secured through Golden Gate Investors of California, $2.75 million in funding to support its continued operations and strategic growth. Golden Gate Investors, over the next 12 months will acquire approximately a 20% equity stake in The WGL Inc.
City of Kenosha Lowers Costs with Neoware Thin Client Appliances and Software
KING OF PRUSSIA, Pa., June 14, 2004 (PRIMEZONE) -- Neoware Systems Inc. (Nasdaq:NWRE), the leading supplier of award-winning software, services, and appliances for thin client computing, today announced that the City of Kenosha, WI., with a population of over 100,000, has deployed Neoware thin client appliances and software to run virtually all of the City's software applications and public service programs.
OMHEX Successfully Launches Integrated Derivatives Exchange
STOCKHOLM, Sweden, June 14, 2004 (PRIMEZONE) -- Today OMHEX has successfully integrated the Finnish and Swedish derivatives markets through the launch of the common derivatives trading platform CLICK XT(TM) for the Finnish market. As a result of the integration, exchange members and investors can now enter the market through one access point, trade Finnish and Swedish derivative products on the same platform and benefit from one rulebook, one order book and a single membership. The integration of the derivatives markets is another step in fulfilling OMHEX's vision of a fully integrated Nordic and Baltic securities market.
ADVA Optical Networking
ADVA Optical Networking and Siemens Enabling EVN's Evolution Into a Multi-Service Utility
MARTINSRIED/MUNICH, Germany and MAHWAH, N.J., June 14, 2004 (PRIMEZONE) -- ADVA Optical Networking and Siemens today announced that EVN, an Austrian utility and energy service provider, has deployed a combination of ADVA Fiber Service Platform (FSP) solutions to begin offering its customers Ethernet and storage services. Deployment of ADVA's FSP 3000, FSP 2000 and FSP 500 optical systems is a key step in EVN's transformation into a multi-service utility.