latest news releases from the newsroom
Spantel Communications Inc.
Spantel Signs Third Agreement of 2004
FUENGIROLA, Spain, Feb. 6, 2004 (PRIMEZONE) -- Spantel Communications, Inc. (OTCBB:SPAL) announced today that they have entered into their third agreement of 2004 with Sky Link of Madrid. The agreement will significantly boost Spantel's presence in the Spanish capital in both voice and Internet services. Sky Link has primarily focused on Internet services, and their expertise is expected to be pivotal in promoting Spantel's wholly owned ISP subsidiary, Spansurf.
Sub-Surface Waste Management
SSWM Awarded Dry Cleaner Site Contract in Michigan
CARLSBAD, Calif. , Feb. 6, 2004 (PRIMEZONE) -- Sub-Surface Waste Management of Delaware, Inc, (OCTBB:SSWM), said today that it has been awarded a contract in Michigan with a confidential real estate group with a suspect impacted dry cleaner site in southeastern Michigan. SSWM secured this work through its exclusive agent in USEPA Region 5, the upper Midwest states, American BioSystems of Clinton Twp., MI.
Reinhardt Wendorf & Blanchfield
Reinhardt Wendorf & Blanchfield Announces Class Action Suit Against Deutsche Bank AG and Scudder Investments on Behalf of Purchasers of the Scudder Family of Funds -PPIAX, SZBAX, SDUAX, KSTAX
ST. PAUL, Minn., Feb. 6, 2004 (PRIMEZONE) -- Reinhardt Wendorf & Blanchfield announces that a class action lawsuit was filed in the Southern District of New York on behalf of purchasers of Scudder Family of Funds, which are operated by Germany-based financial services company, Deutsche Bank AG (NYSE:DB), Scudder Investments, and Deutsche Investment Management Americas Inc. ("Deutsche Investment Management") and Deutsche Asset Management, Inc. ("Deutsche Asset Management"), between January 22, 1999 and January 12, 2004, inclusive (the "Class Period"). Reinhardt Wendorf & Blanchfield is seeking remedies under the Securities Exchange Act of 1934, the Securities Act of 1933 and the Investment Advisers Act of 1940.
NEON Communications Group, Inc.
Globix Corporation Reports First Fiscal Quarter 2004 Results
NEW YORK, Feb. 6, 2004 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX) today reported financial results for its first quarter of fiscal year 2004, which ended December 31, 2003, citing continued progress in its operations. During the 1st quarter of fiscal 2004, Globix furthered its transformation into a full service application, media and infrastructure services company with the completion of its acquisition of Aptegrity, a privately held managed services provider. Globix also took further steps to reduce its debt by completing the sale of its property at 415 Greenwich Street in New York City during January 2004 for net cash proceeds of approximately $48.5 million. The company intends to use approximately $44 million of the net proceeds to repurchase a portion of its outstanding 11% Senior Notes at par plus accrued interest and the remaining balance will be used for working capital purposes. The company also announced that it had repurchased an additional $7.0 million of its outstanding 11% Senior Notes during the 1st quarter of fiscal 2004.