latest news releases from the newsroom
Global Diversified Industries, Inc.
Global Diversified Industries, Inc. Reports Six-Month Revenues of $2.63 Million
CHOWCHILLA, Calif., Dec. 22, 2003 (PRIMEZONE) -- Global Diversified Industries, Inc. (OTCBB:GDVI), focused on the modular building industry with emphasis on the education market, today announced that total revenues increased to $2.63 million for the six-months ended October 31, 2003. There were no operations and no revenues for the company in 2002. Gross profit for the six-month period in 2003 was $964,254. The financials are available in the form 10-Q, quarterly report that has been filed with the U.S. Securities & Exchange Commission.
Discovery Laboratories, Inc.
Discovery Laboratories Initiates Phase 1b Asthma Clinical Trial
DOYLESTOWN, Pa., Dec. 22, 2003 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), a biopharmaceutical company developing its proprietary surfactant technology as Surfactant Replacement Therapies for respiratory diseases, has initiated a Phase 1b clinical trial to evaluate the safety and tolerability of its humanized lung surfactant, delivered as an inhaled aerosol, to treat hospitalized patients who suffer from asthma.
Telelogic renews agreement worth Eur 1.3 Million with leading European telecom vendor
MALMO, Sweden, Dec. 22, 2003 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that a leading European telecom vendor has renewed a one-year agreement for Telelogic TAU(R) for the year 2004. The agreement is worth approximately Eur 1.3 million for the one-year period. A majority of the contract is related to maintenance of the customer's existing licenses of TAU Generation1, but the agreement also includes new licenses for TAU Generation2.
Peab is to Build a Shopping Centre in Eskilstuna
FOERSLOEV, Sweden, Dec. 22, 2003 (PRIMEZONE) -- Peab is to build a shopping centre in the Tuna Park area of Eskilstuna, where Coop Sverige today operates a superstore, and where a volume store is currently under construction. The shopping centre has been commissioned by a company of which KF Fastigheter and Peab will be equal owners during the construction phase. Once the shopping centre has been completed, the ownership will be handed over to the Alecta service company for about SEK 337 million.
Randgold Resources Limited
FTSE Upgrades Randgold Resources' Investability Rating
JERSEY, Channel Islands and LONDON, Dec. 22, 2003 (PRIMEZONE) -- The FTSE committee has increased Randgold Resources' investability weighting from 50% to 75% following an increase in the company's free float to the 55% level. The London and Nasdaq listed gold miner was included in the FTSE 250 index earlier this year.
Telelogic Signs Maintenance Renewal Contract worth US$1.2 Million
MALMO, Sweden, Dec. 22, 2003 (PRIMEZONE) -- Telelogic (Stockholm Exchange/TLOG), the leading global provider of solutions for advanced systems and software development today announced that it has signed a maintenance renewal agreement for its development tools worth US$1.2 million with a US based Aerospace and Defense vendor. The agreement gives the customer one-year maintenance and support for their existing licenses of Telelogic's development tools DOORS, TAU and SYNERGY.