latest news releases from the newsroom
Maconomy A/S: To OMX Copenhagen Stock Exchange and the Press - Stock Exchange Announcement No. 15/2006
COPENHAGEN, Denmark, June 30, 2006 (PRIMEZONE) -- Maconomy has entered into an agreement with ErgoGroup in Norway for the purchase and implementation of Maconomy's financial management software for 1,200 users. As announced in Maconomy's financial report for Q3 2005, ErgoGroup last autumn purchased Maconomy project management and time & expense licenses for the full organisation. These were to be integrated with ErgoGroup's existing financial management software. ErgoGroup has now decided to replace the existing financial management software with Maconomy's financial management software and in the future ErgoGroup will run its full operations on Maconomy's business software.
Maconomy A/S: OMX Copenhagen Stock Exchange and the Press - Announcement No. 14/2006
COPENHAGEN, Denmark, June 30, 2006 (PRIMEZONE) -- The Management of Maconomy has chosen to withdraw the appeal of October 27, 2005 to the Danish Commerce and Companies Appeal Board regarding the Danish Securities Council's decision dated October 24. 2005 which concerns recognition of deferred tax assets in Maconomy's Annual Report for 2004 and Interim Reports for 2005. We refer to Maconomy's stock exchange announcements no. 24/2005 and no. 27/2005 for a more detailed description of the Danish Securities Council's decision and the Company's reasons for considering the decision wrong.
Habanero Resources Inc.
Habanero to Now Earn Interest in 85.5 Continuous Sections of Alberta Oil Sands Leases Through Equity Interest in Andora
VANCOUVER, British Columbia, June 30, 2006 (PRIMEZONE) -- Habanero Resources Inc. (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) ("Habanero") is extremely pleased to announce that it has been informed by Andora Energy Corporation ("Andora"), a private company, that Andora has executed an agreement with Pan Orient Energy Corp. ("Pan Orient") (POE-TSX Venture) pursuant to which Pan Orient will subject to certain conditions, acquire a minimum of 51% interest in Andora pursuant to a series of transactions described in Pan Orient's news release dated June 29, 2006.
Petroleum Geo-Services ASA
Petrojarl Listed, PGS a Pure Geophysical Company
OSLO, Norway, June 30, 2006 (PRIMEZONE) -- Petroleum Geo-Services ASA ("PGS" or the "Company") (OSE:PGS) (NYSE:PGS) announced today that Petrojarl ASA ("Petrojarl"), the former FPSO business demerged from PGS, will be listed on the Oslo Boers today (ticker PETRO). PGS' offering of 19.99% of Petrojarl's share capital was priced at NOK 43 per share. The total number of Petrojarl shares sold in the offering was 14,999,990, which includes 7,499,995 shares over-allotted by the managers. The offering was covered more than 3 times. Subsequent to the listing of Petrojarl, PGS will concentrate fully on developing its geophysical business.
The Pomerantz Firm Charges Vonage Holdings Corporation With Securities Fraud -- VG
NEW YORK, June 29, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court District of New Jersey, against Vonage Holdings Corporation ("Vonage" or the "Company") (NYSE:VG) and other related defendants. The class action was filed on behalf of purchasers of the common stock of the Company pursuant to its Directed Share Program, which were offered in the Company's May 23, 2006 Initial Public Offering (the "IPO" or the "Offering"). The complaint alleges violations of Section 5, 11, 12(a) (2), and 15 of the Securities Act.
Scott+Scott, LLC Files Amended Class Action Lawsuit Against Home Solutions of America Inc. on Behalf of Investors -- HOM
COLCHESTER, Conn., June 29, 2006 (PRIMEZONE) -- Today, Scott+Scott, LLC, filed an amended class action against Home Solutions of America, Inc. ("Home Solutions" or the "Company") (AMEX:HOM) and certain officers and directors in the U.S. District Court for the Northern District of Texas. The action is on behalf of Home Solutions securities purchasers during the period April 11, 2006 and June 6, 2006, inclusive (the "Class Period"), for federal securities law violations. The complaint alleges that defendants made false and misleading statements regarding the Company's revenue opportunities. As a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors. Meanwhile, the Company's officers and directors aggressively sold shares of their Home Solutions stock, resulting in proceeds of approximately $12.2 million. The complaint earlier mistakenly reported insider proceeds at over $15.7 million.
COSCO ESP Inc.
COSCO Begins Process to Commence OTC BB filings to Graduate to the OTC BB
EDMONTON, Alberta, June 29, 2006 (PRIMEZONE) -- Mr. Andrew Male, Vice President & Director of COSCO ESP Inc. (Pink Sheets:CCPI) ("COSCO" or the "Company"), wishes to announce that pursuant to its operating plan, the Company has initiated the process of compiling the documentation and requirements it needs to become a fully reporting issuer in order that it move from Pink Sheets to the OTC BB.