latest news releases from the newsroom
Atlas Copco sells its electric tool business to Techtronic Industries
STOCKHOLM, Sweden, Aug. 30, 2004 (PRIMEZONE) -- Atlas Copco Group has agreed to sell its electric tool business to Techtronic Industries Co. Ltd., based in Hong Kong (Hong Kong Stock Exchange, stock code 669), for a total pre-adjustment purchase price of MUSD 713 (MSEK 5 350) less agreed adjustment in the amount of MUSD 86 (MSEK 650) reflecting pension and post-retirement liabilities. The sale is subject to regulatory approvals and to approval from Techtronic's shareholders.
H & M Hennes & Mauritz
H&M to open stores in Hungary
STOCKHOLM, Sweden, Aug. 30, 2004 (PRIMEZONE) -- H & M Hennes & Mauritz AB has signed a contract for the first store in Hungary. The store, which will carry the full product range, will be situated in central Budapest. The opening is estimated to be in late autumn 2005.
Global Genomics AB
Global Genomics AB -- tangerine Gene Expression Profiling Receives Registered Trademark Status in the U.S
STOCKHOLM, Sweden, Aug. 30, 2004 (PRIMEZONE) -- Global Genomics(SM) AB has obtained a Certificate of Registration from the U.S. Patent and Trademark Office for the mark tangerine(r). Dr. Ulf Boberg, CEO of Global Genomics, stated, "This designation is another confirmation of the positive acceptance of our brand in the field of functional genomics. The company is building brand value not only with this registration, but through studies demonstrating the technology's exceptional performance in gene expression profiling."
Murray, Frank & Sailer LLP
Investor Reminder: Murray, Frank & Sailer LLP Announces Class Action Lawsuit Against salesforce.com, inc. -- CRM
NEW YORK, Aug. 27, 2004 (PRIMEZONE) -- Murray, Frank & Sailer LLP announces that a class action lawsuit was filed on behalf of all purchasers securities of salesforce.com, inc. (NYSE:CRM) ("salesforce" or the "Company") between June 21, 2004 through July 21, 2004, inclusive (the "Class Period").
Prendergast Promoted to President Of DiscLive
RICHARDSON, Texas, Aug. 27, 2004 (PRIMEZONE) -- Immediatek (OTCBB:ITEK) announced today that it has been in the process of implementing a realignment of its management structure in anticipation of greater business through its DiscLive subsidiary. Rich Isaacson continues as the CEO of DiscLive and Stephen Prendergast, currently DiscLive's West Coast GM, will assume the role of president of DiscLive. It is anticipated that he will be assigned additional duties within Immediatek and work closely with the management team.