latest news releases from the newsroom
Randgold Resources Limited
Randgold Resources Confirms Formal Merger Proposal
LONDON, Sept. 23, 2003 (PRIMEZONE) -- Introduction: The Board of Randgold (LSE:RRS) (Nasdaq:GOLD) announces that it has today submitted a formal merger proposal (the "Merger Proposal") to the Board of Ashanti. The Merger Proposal is subject to certain preconditions, including the recommendation of the Board of Ashanti. If completed, the Merger will create a major, independent, pan-African focused gold business. Randgold believes that the Enlarged Business will be a low cost gold producer with critical mass and significant growth potential and will be self-financing from completion.
Cal-Bay International, Inc.
Cal-Bay International Forms New Cal-Bay Analytical, Inc. Subsidiary
TUSTIN, Calif., Sept. 23, 2003 (PRIMEZONE) -- Cal-Bay International, Inc. (OTCBB:CBYI) has recently formed a new subsidiary to expand the company's product lines. The newly formed company, Cal-Bay Analytical, Inc., will focus on the laboratory, testing and quality control markets.
PracticeXpert Disposes of Inactive Subsidiaries
LOS ANGELES, Sept. 23, 2003 (PRIMEZONE) -- PracticeXpert, Inc. (OTCBB:PXPT) today announced that it has finalized an arrangement under which it has transferred legal ownership of three of its inactive subsidiaries to an independent consulting firm for final disposition.
ECON Investor Relations Inc.
Markland Technologies to Testify at Congressional Hearing on Counter-Terrorism Technology
RIDGEFIELD, Conn., Sep 23, 2003 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MKLD), an integrated homeland security company, (www.marklandtech.com) announced today it has been invited to testify at the September 29, 2003 Congressional Hearing of the House Government Reform Committee's Subcommittee on National Security and Emerging Threats. The hearing panel, chaired by Rep. Christopher Shays (R-Conn.), will focus on new counter-terrorism technology. The hearing was called through a combined effort of House Government Reform Committee's Subcommittee and the Homeland Security Industry Association (HSIA).