latest news releases from the newsroom
Moody's Insurance Financial Strength Rating for Hannover Re
HANNOVER, Germany, March 25, 2003 (PRIMEZONE) -- The rating agency Moody's Investors Service, Inc. announced today that they have downgraded their insurance financial strength rating for Hannover Re from "A2" to "Baa1" with negative outlook. Moody's has justified this move, inter alia, by suggesting that Hannover Re's reinsurance recoverables were at a relatively high level, thus representing a considerable risk factor.
Impala Platinum Holdings Ltd.
Update on Work Stoppage at Impala
JOHANNESBURG, South Africa, March 25, 2003 (PRIMEZONE) -- Impala Platinum Holdings Limited (Implats) (JSE:IMP) (LSE:IMPLA) (Pink Sheets:IMPUY) confirms that some 3,000 employees reported for duty today 25 March 2003. Another 15,000 employees remained on an unprotected and illegal work stoppage at its operations on the Impala Lease Area.
Reality Wireless Networks Inc.
Reality Networks Upgrades E-mail Services to Address Growing Demand in Campbell Market
CAMPBELL, Calif., March 25, 2003 (PRIMEZONE) -- Reality Wireless (OTCBB:RWNT) announced today it has upgraded its e-mail service to address its subscriber growth in its first market, Campbell, California. "Our job is to provide top quality wireless broadband services to businesses, municipal groups, and households in our targeted markets," said Rick Ramirez, Executive VP of Business Development. "By outsourcing the email solution we are able to provide a stable, scalable, highly secure and cost effective service to our valued customers. Customer set-up times have been greatly improved and this will be crucial in meeting our six month projected deployment and penetration targets."
New from Naki Silver Series: Naki Announces All-New GBA SP Line Up
BALDWIN PARK, Calif., March 25, 2003 (PRIMEZONE) -- Naki International, videogame accessories manufacturer, announces their opening line of GBA SP(tm) accessories, the newest category to debut from their Naki Silver Series(tm) brand of products. Naki's GBA SP line is available now in certain retailers, with broader distribution in coming weeks. The announcement comes at a pivotal time with the release of Nintendo's(tm) newest hardware platform, the GBA SP.