latest news releases from the newsroom
Levi & Korsinsky, LLP
Zimmerman, Levi & Korsinsky, LLP Files Class Action Against Wave Systems Corp.
NEWARK, N.J., Feb. 10, 2004 (PRIMEZONE) -- A class action lawsuit was filed by Zimmerman, Levi & Korsinsky, LLP in the United States District Court for the Southern District of New Jersey on behalf of all purchasers of the securities of Wave Systems Corp. (Nasdaq:WAVX) ("Wave" or the "Company") between July 31, 2003 and December 18, 2003 (the "class period").
Tele2 AB: Board Of Directors Propose A Dividend Of SEK 3 Per Share
NEW YORK and STOCKHOLM, Sweden, Feb. 10, 2004 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen: TEL2A) (Stockholmsborsen: TEL2B), the leading alternative pan-European telecommunications company, today announced that the Board of Directors will propose to the Annual General Meeting of shareholders, to be held on 12 May 2004, that a cash dividend of SEK 3 (0) per share is paid for the financial year ended 31 December 2003.
AdZone Research, Inc.
AdZone Completes Second Private Placement of More Than $300,000, And Reports Additional Placements are Anticipated in Next Several Months
CALVERTON, N.Y., Feb. 10, 2004 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology solutions provider, today announced that the company has successfully completed a second private placement, yielding gross proceeds of more than $300,000.
eMax Holdings Corporation
EMAX NET, Inc. Executes Binding Purchase Agreement with MarketBeasts.com LLC
ORLANDO, Fla., Feb. 10, 2004 (PRIMEZONE) -- EMAXNET, Inc., a Florida corporation (EMAXNET) partly owned by eMax Corporation (Pink Sheets:EMAX) today announced the execution of the binding Purchase Agreement for the key assets of MarketBeasts.com LLC, a privately held Florida Limited Liability Company, contemplated in the Letter of Intent previously announced January 27th. Under the terms of the purchase agreement, EMAXNET has acquired the rights to key intellectual properties and assets of MarketBeasts.com for $1,250,000 in EMAXNET stock at a strike price of $1.70 per share. EMAXNET has appointed Scott Piel as President of its newly formed division, eMax Software Group, to develop network infrastructure, digital content delivery, software applications and product lines to be announced in the near future.
GoldSpring Update: New Board Members Add Mining and Financial Expertise and Serve on Company's Audit Committee
VIRGINIA CITY, Nev., Feb. 10, 2004 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG): On January 28th GoldSpring announced the appointment of two Independent Directors to the Board of Directors to serve on the Company's Audit Committee: P.K. (Rana) Medhi, Mining Engineer of Casa Grande, AZ and Anthony (Tony) E. Applebaum, EA of San Diego, CA, have both agreed to serve.
Green Power Energy Holdings Corp.
Green Power Energy Holdings Corp. Announces Completion Of $11,000,000 Financing
WILMINGTON, N.C., Feb. 10, 2004 (PRIMEZONE) -- Green Power Energy Holdings Corp. (OTCBB:GPEH) is pleased to announce that it has closed a loan agreement with Hudson United Bank for an Eleven Million Dollar non-recourse loan facility. The loan is for a term of eight (8) years and repayment will be made from the cash flow available from Green Power's Kenansville, NC generating plant. Green Power also completed the purchase of the Kenansville plant from Cogentrix and paid off related bridge loans on the Kenansville plant as planned.