latest news releases from the newsroom
Protect Data -- Pointsec Partners with Integralis to Expand European Market Presence
STOCKHOLM, Sweden, Sept. 29, 2004 (PRIMEZONE) -- Pointsec Mobile Technologies, a global leader and the provider of the de facto standard for enterprise security software for laptop and desktop PCs, PDAs and smartphones, today announces a significant new partnership agreement with security systems integrator Integralis. The partnership will allow Integralis to include Pointsec's mobile data encryption products within its portfolio of best-of-breed security solutions and give Pointsec the opportunity to develop its European market presence via Integralis' extensive network of European customers.
Avalon Gold Corporation
Avalon Gold's LAK Ranch Oil Project -- On Track
BELLINGHAM, Wash., Sept. 29, 2004 (PRIMEZONE) -- Avalon Gold Corporation (OTCBB:AVGC) reports an update relating to its 0.70% (.70 of 1%) proportionate, reducible, Gross Overriding Royalty interest in the LAK Ranch Oil Project located in Newcastle, Wyoming. This royalty interest equates to $0.315 per barrel based on a price of $45.00 per barrel for Avalon.
Virgin Express Holdings PLC
VIRGIN EXPRESS : Date Set for Approval of Deal Terms
LONDON, Sept. 29, 2004 (PRIMEZONE) -- The negotiators of Virgin Express Holdings PLC (Euronext:VIRE) (OTCBB:VIRGY), the majority shareholder of Virgin Express NV/SA, and the negotiators of SN Airholding II, the majority shareholder of SN Brussels Airlines, have held meetings in Brussels this week to finalise the terms pursuant to which Virgin Express NV/SA and SN Brussels Airlines will be placed under the common ownership of SN Airholding II. The documentation is due to be submitted for formal approval by the Boards of Virgin Express Holdings PLC and its majority shareholder, Virgin Sky Investments Limited, on Tuesday 5th October 2004. If approved by these boards, the agreement is expected to be signed on 5th October 2004 by all parties.
Effnet -- New DMB Orders from South Korea to Factum Electronics
STOCKHOLM, Sweden, Sept. 29, 2004 (PRIMEZONE) -- Factum Electronics AB, a subsidiary of Effnet Holding AB (publ), has in the last three months been awarded contracts from KBS, Korean Broadcasting Systems, EBS, Educational Broadcasting Systems, and MBC, Munhwa Broadcasting CO. Ltd. to supply DMB systems. The systems are based on Factum Electronics' modular architecture, including audio encoders, data inserters, service and ensemble multiplexers and management systems. Factum Electronics has previously supplied digital radio solutions to customers in Australia, Canada, Denmark, Hungary, Italy, Korea, Norway and Sweden. South Korea is the leading country regarding DMB, i.e. advanced applications with video, audio and text by use of digital broadcasting.
Saab -- 27 Companies Agree to Form NCO Industry Consortium
LINKOPING, Sweden and WASHINGTON, Sept. 29, 2004 (PRIMEZONE) -- The Network Centric Operations Industry Consortium, (NCOIC), a major international, industry-wide consortium, was announced today, combining the technology and expertise of 27 major companies to recommend a unified approach to creating a global network-centric environment.
Tele2 -- Disclosure Notice
STOCKHOLM, Sweden and NEW YORK, Sept. 29, 2004 (PRIMEZONE) -- Tele2 AB (Reg. No. 556410-8917) (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholm:TEL2A) (Stockholm:TEL2B) yesterday acquired 4,160,000 shares in Song Networks Holding AB. Tele2 AB thus, directly and indirectly, holds in total 9,460,000 shares in Song Networks Holding AB, corresponding to 18.0% of the votes and 17.0% of the capital in the company. The Tele2 group's holding after conversion of all convertible debentures amounts to 17.2% of the votes and 16.2% of the capital.