latest news releases from the newsroom
LGP Proposes that AGM Approve Transfer of Subsidiaries to Close Associate
SOLNA, Sweden, April 3, 2003 (PRIMEZONE) -- At its meeting today, the Board of Directors of LGP Telecom Holding AB decided to propose that its Annual General Meeting on May 6, 2003, approve the transfer of all shares in the Swedish subsidiary Hamex Hardmetallverktyg AB ("Hamex") and all participations in the Austrian subsidiary Bertmann GmbH ("Bertmann") to Mikael Gottschlich, Board member and shareholder, as well as former President of LGP Telecom Holding AB. The purchase price for Hamex amounts to MSEK 20 and MSEK 18 for Bertmann, based on an independent fairness opinion conducted by PricewaterhouseCoopers ("PwC"). The Board's complete proposal for a decision on these transfers, the Board's report on this and the fairness opinion prepared by PwC will be available on the company's website, www.lgp.se, as of April 17, 2003, and will be sent to shareholders who so request.
Virage Teams with EDS and EMC at NAB 2003 Conference; Virage to Showcase New Products at Booth No. SL1854
SAN MATEO, Calif., April 3, 2003 (PRIMEZONE) -- Virage, Inc. (Nasdaq:VRGE) today announced that it will demonstrate its latest technology offerings at the National Association of Broadcasters (NAB) 2003 Conference in Las Vegas, April 7-10, Virage booth No. SL1854. At the show, Virage will announce two major new product releases and will demonstrate these products publicly for the first time. In addition, EDS and EMC Corporation will be in the Virage booth demonstrating their latest technologies.
Harsco to Present at Sidoti NYC Emerging Growth Institutional Investor Forum
HARRISBURG, Pa., April 3, 2003 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) said today that it will be presenting at the Sidoti & Company Seventh Annual Emerging Growth Institutional Investor Forum in New York City on Thursday, April 10, 2003. The presentation will be led by Mr. Salvatore Fazzolari. Mr. Fazzolari is Harsco's Senior Vice President, Chief Financial Officer and Treasurer, and a member of the Company's Board of Directors.
Hansabank: New Council Member
HELSINKI, Finland, April 3, 2003 (PRIMEZONE) -- The Annual General Meeting held today, April 3, elected a new member to the council of Hansapank (Other OTC:HNSBF): Mr Robert Charpentier.Robert Charpentier is Deputy Head of Swedbank Markets. His job description for the past 5 years is the following:
Stolt-Nielsen S.A. Reports First Quarter 2003 Results
LONDON, April 3, 2003 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI) today reported results for the first quarter ended February 28, 2003. Net loss for the latest quarter was $13.0 million, or $0.24 per share, on net operating revenue of $764.2 million, compared to a net loss of $3.7 million, or $0.07 per share, on net operating revenue of $611.2 million for the first quarter of 2002. The basic weighted average number of shares outstanding for the quarter was 54.9 million compared with 54.9 million for the same period in 2002.