latest news releases from the newsroom
Carlsberg: Negotiations about structural changes in Sweden
VALBY, Denmark, Aug. 14, 2003 (PRIMEZONE) -- Carlsberg Sverige (Other OTC:CABHF) initiates negotiations with the union representatives about the possibilities to transfer the production of beer, mineral water and other soft drinks from the brewery in Bromma near Stockholm to Carlsberg Sverige's brewery in Falkenberg and to Copenhagen. Furthermore, there will be negotiations about the possibilities of utilising synergies by combining Danish and Swedish administrative departments.
AngelCiti Entertainment, Inc.
AngelCiti Launches Multi-Million Dollar Turnkey Gaming Solution
PEMBROKE PINES, Fla., August 14, 2003 (PRIMEZONE) -- AngelCiti Entertainment's (OTCBB:AGLC) wholly owned subsidiary Worldwide Management announced the August 20th launch of GamblePack at GamblePack.com, an exciting new service that provides users with a full stable of gaming software ranging from multiple options in online casinos, Poker, Bingo, peer-to-peer wagering and other popular online gaming products. Online gaming is over a $6 billion dollar a year industry and growing rapidly. Worldwide Management is staying at the forefront of all the latest innovations.
ACME Communications Announces Amended Senior Credit Facility
SANTA ANA, Calif., Aug. 14, 2003 (PRIMEZONE) -- ACME Communications, Inc. (Nasdaq:ACME) announced today that its wholly-owned operating subsidiary, ACME Television, LLC, has amended its revolving senior credit facility with its existing lenders -- Wells Fargo Foothill and GE Media and Communications Finance. The maximum borrowings permitted under the amended facility remain at $40 million and the maturity date has been extended to July 31, 2006. In conjunction with the amended credit facility, the Company also announced that its wholly-owned subsidiary, ACME Intermediate Holdings, LLC, is redeeming the remaining $30 million of its outstanding 12% Senior Secured Discount Notes on September 30, 2003. The Company will fund the redemption through a combination of cash on hand and initial borrowings under the amended facility.
The World Golf League, Inc.
The World Golf League enters Mid-West, Mid-Atlantic and New England Markets.
ALTAMONTE SPRINGS, Fla., August 14, 2003 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it is launching a dedicated print and television campaign in the Illinois, Indiana, Ohio, Pennsylvania, New York, New Jersey, Virginia, Maryland, Delaware, Connecticut, Rhode Island and Massachusetts. The campaign will be managed by its corporate marketing group, utilizing exclusive agents and licensees.