latest news releases from the newsroom
LGP Allgon Transfers Production to Stockholm
SOLNA, Sweden, May 8, 2003 (PRIMEZONE) -- LGP Allgon, the telecom business within LGP Telecom Holding AB, closes its production unit in Alem, Monsteras, Sweden. The operation will be transferred to the group's production plants in Stockholm, Sweden.
Sonoran Energy, Inc.
EDS Initiates Strong Buy Recommendation and Interviews John Punzo, CEO of Sonoran Energy Inc.
LOS ANGELES, May 8, 2003 (PRIMEZONE) -- Eric, David, and Sons and Sonoran Energy Inc. (OTCBB:SNRN) are pleased to jointly announce today that John Punzo, President and CEO of Sonoran Energy, has been featured in a comprehensive interview by Eric, David & Sons (ED) located at http://www.ericdavid.com/newsletter/mailer/snrn050703.html. The interview is an in depth discussion of the latest milestones and tremendous future growth prospects for Sonoran Energy, Inc.
Telenor's Annual General Meeting
OSLO, Norway, May 8, 2003 (PRIMEZONE) -- Telenor ASA's (Nasdaq:TELN) Annual General Meeting has today approved the annual report and accounts of Telenor ASA and the Group for 2002, and the Board of Directors' proposed dividend of NOK 0.45 per share. The dividend will be paid out on May 23, 2003 to shareholders registered as holding shares on the date of the Annual General Meeting. As of May 9, 2003, shares in Telenor will be traded exclusive of dividend.The Annual General Meeting has also, in line with the proposal of the nominating committee, elected the following members and deputies to the Corporate Assembly of Telenor ASA:
VentureNet Capital Group, Inc.
VentureNet Capital Group, Inc. Announces New Shipments of Buzzy's Coffee
TEMECULA, Calif., May 8, 2003 (PRIMEZONE) -- VentureNet Capital
Group, Inc. (Pink Sheets:VNTN) announced today that its coffee drink division, Buzzy's Coffee, shipped 3 container loads to ICS El Salvador, an import company located in San Salvador. Buzzy's Coffee will be shipping 3 container loads per month for the balance of 2003 generating approximately $475,000 in gross revenue.
SEB has Repurchased Own Shares
STOCKHOLM, Sweden, May 8, 2003 (PRIMEZONE) -- SEB (Other OTC:SVKEF) has today repurchased 6 200 000 A-shares at a price of SEK 79.50 in order to provide a hedge of the employee stock option programme 2003. The bank's current holding of SEB A-shares amounts to 13 200 000 after this purchase, since the bank in 2002 repurchased 7 000 000 A-shares to hedge the employee stock option programme for 2002.
United Online, Inc.
United Online to Present at U.S. Bancorp Piper Jaffray Technology Conference
WESTLAKE VILLAGE, Calif., May 8, 2003 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet services, today announced that it will present at The U.S. Bancorp Piper Jaffray Technology Conference on May 14, 2003 in New York City. Mark R. Goldston, chairman, CEO and president, and Charles S. Hilliard, executive vice president and CFO, will speak at the event. The company is scheduled to present at 2:20 p.m. EDT (11:20 a.m. PDT).
Biacore: Interim Report January -- March 2003
UPPSALA, Sweden, May 8, 2003 (PRIMEZONE) -- Biacore's (SSE:BCOR) (Nasdaq:BCOR) sales fell by 25% in the first quarter of 2003 to SEK 106.5 million (141.3). Excluding the impact of exchange rates, sales fell by 20%. The sales decline is considered to have been caused by the global political and economic uncertainties caused by the war in Iraq, as well as delays in funding to major research organizations, particularly in the United States.