latest news releases from the newsroom
Telenor Mobil: Visa Norge Available Through Mobile Commerce Solution
OSLO, Norway, Feb. 12, 2003 (PRIMEZONE) -- Visa Norge and Telenor Mobil (Nasdaq:TELN) have entered into an agreement concerning mobile commerce. The agreement implies that all Visa cardholders with Telenor Mobil subscription can sign up for the Telenor Mobil m-commerce solution, MobilHandel, using their Visa-card as a means of payment. The cooperation opens up for new possibilities in a new market.The agreement visualizes the aim of Visa Norge and Telenor Mobil of making Visa a method of payment available to mobile users who are Visa cardholders, as well as making mobile payment solutions available to Visa Norge's merchants.
Arexis: Patent Approval for Treating Common Skin Disorders
STOCKHOLM, Sweden, Feb. 12, 2003 (PRIMEZONE) -- Arexis AB has received approval for a breakthrough patent application in Europe, covering a new method for treating the most common skin disorders. The patent was previously granted in North America and Australia. The treatment is based on a skin-specific enzyme, SCCE (Stratum Corneum Chymotryptic Enzyme), which affects, among others, the skin barrier function. Based on the granted patent, Arexis has started developing therapeutics for treating psoriasis and atopic dermatitis, and skin-care products aimed at individuals with dry and sensitive skin.
Wipro Selects Telelogic to Deliver Custom Testing Solutions
MALMO, Sweden and IRVINE, Calif., Feb. 12, 2003 (PRIMEZONE) -- Telelogic (Stockholm:TLOG) (Other OTC:TGIAF), the leading global provider of solutions for advanced systems and software development, today announced that Wipro Technologies (NYSE:WIT) will use Telelogic Tau(R) as its platform for building its comprehensive testing solutions.
Saab Bofors Underwater Systems AB in Motala, Sweden, to Lay-off 100 Employees
LINKOPING, Sweden, Feb. 12, 2003 (PRIMEZONE) -- After the decision of the board of directors of Saab Bofors Underwater Systems AB, the company today notified the County Labour Board of a lay-off affecting 100 persons, of which 50 are workers and 50 are salaried employees. Negotiations with union organizations will be initiated immediately.
Soren Belin Appointed New Chief Operating Officer of Scandinavian Airlines
STOCKHOLM, Sweden, Feb. 12, 2003 (PRIMEZONE) -- Soren Belin has been appointed to succeed Joergen Lindegaard as Chief Operating Officer (COO) of Scandinavian Airlines, effective February 15, 2003. As leader of the Group's largest company, Soren Belin will also become a member of SAS AB's (Other OTC:SASDF) Group Management.
Novartis Divests Tension Headache Products in U.S.
BASEL, Switzerland, Feb. 12, 2003 (PRIMEZONE) -- Novartis (NYSE:NVS) announced today that it has sold the U.S. rights for its Fioricet(R) and Fiorinal(R) product lines to Watson Pharmaceuticals, Inc., Corona, California, for USD 178 million. The products are prescription treatments for tension headaches and are based on combinations of popular pain relief compounds. The transaction has been completed following early termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act.