latest news releases from the newsroom
Metro Hong Kong Extends Distribution Contract With MTR
BERTRANGE, Luxembourg, March 14, 2005 (PRIMEZONE) -- Metro International S.A. ("Metro"), the international newspaper group, today announced that that it has extended its distribution contract with MTR Corporation Ltd. until 14 April 2010. The agreement gives Metro the right to distribute the Metro free newspaper from racks in Hong Kong's subway network, which is used by more than 2.2 million commuters every day.
Volvo IT Signs Operating Agreement with Skandia
GOTEBORG, Sweden, March 14, 2005 (PRIMEZONE) -- AB Volvo's subsidiary Volvo IT has taken over responsibility for the Skandia insurance company's mainframe computers. The agreement will run for three years and covers IT operation, technical support, data storage, system monitoring and data communication.
Trelleborg Acquires Special Seals Distributor in India
STOCKHOLM, Sweden, March 14, 2005 (PRIMEZONE) -- Through its Trelleborg Sealing Solutions business area, Trelleborg has acquired the sealing operations of the Indian distribution company Rollon Hydraulics Pvt. Ltd. These operations represent Rollon's principal area of business.
Powerwave Technologies To Acquire Selected Wireless Assets of REMEC, Inc.
SANTA ANA, Calif., March 14, 2005 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) today announced that it has signed a definitive agreement with REMEC, Inc. (Nasdaq:REMC) to acquire certain product lines of REMEC's Wireless Systems business. The purchase includes certain selected assets and liabilities related to REMEC's Wireless business. These specific product lines include RF conditioning products, filters, tower-mounted amplifiers and RF power amplifiers. The proposed acquisition does not include other businesses or obligations of REMEC, Inc.
Torstar, CanWest and Metro Form Joint Venture and Launch Metro Vancouver
BERTRANGE, Luxembourg, March 14, 2005 (PRIMEZONE) -- Metro International S.A. ("Metro"), the international newspaper group, today announced that Torstar Corporation, CanWest Global Communications Corp. and Metro International S.A. have formed a joint venture to publish English-language free daily newspapers in various Canadian cities. Each company will have a 33.3% interest in the new venture.
Antisoma and Raylo Sign Major Manufacturing Deal for AS1411
LONDON and EDMONTON, Alberta, Canada, March 14, 2005 (PRIMEZONE) -- Cancer drug developer Antisoma plc (LSE:ASM) announces that it has signed an agreement with Raylo Chemicals of Edmonton, Alberta, Canada, for the manufacture of AS1411 (formerly AGRO100). Quantities produced will be amongst the largest to date for any aptamer drug, and sufficient to support multiple clinical trials. Antisoma is planning a programme of trials to evaluate thoroughly the efficacy of AS1411, building on promising signs of anti-cancer activity seen in a phase I study conducted at the Brown Cancer Center in Louisville, Kentucky, USA.
Integra LifeSciences Holdings Corp.
Integra LifeSciences Reports Fourth Quarter and Full Year 2004 Financial Results
PLAINSBORO, N.J., March 13, 2005 (PRIMEZONE) -- Integra LifeSciences Holdings Corporation (Nasdaq:IART) today reported its fourth quarter and full year 2004 revenues and earnings. Product revenues in the fourth quarter of 2004 were $61.8 million, reflecting an increase of $14.9 million, or 32%, over the fourth quarter of 2003. Product revenues for the full year ended December 31, 2004 increased by $61.8 million to $228.5 million, a 37% increase over the prior year.
Montana Oil & Gas, Inc.
Montana Oil and Gas, Inc. to Explore Further Opportunities in Alberta, Canada
VANCOUVER, British Columbia, March 11, 2005 (PRIMEZONE) -- Montana Oil and Gas, Inc. (a Nevada Corporation) (Pink Sheets:MOGI) President Peter Sanders would like to announce that a decision has been made to explore further opportunities in the Alberta Canada region where the company currently has interests in three projects. The company has become aware of existing opportunities to partner in, or acquire leases, which may include producing wells and or exploratory programs which will strengthen Montana's position with energy, cash oriented investment groups.