latest news releases from the newsroom
Bure increases its ownership in Vittra
GOTHENBURG, Sweden, July 26, 2004 (PRIMEZONE) -- Bure is increasing its ownership in the educational company, Vittra, to 96.25 per cent. It has acquired 11.25 per cent of the shares for SEK 22M from its founder, Stig Johansson, who still owns the remaining 3.75 per cent of the operation.
Autoliv Honored with DaimlerChrysler Award
STOCKHOLM, Sweden, July 26, 2004 (PRIMEZONE) -- Autoliv, the worldwide leader in automotive safety systems, has recently won DaimlerChrysler Corporation's Gold Award for its seat belt manufacturing plant in Madisonville, Kentucky, for the calendar year 2003.
Pearson -- video interview with CFO
LONDON, July 26, 2004 (PRIMEZONE) -- Pearson -- interim results. Indepth interview available now on www.cantos.com with Rona Fairhead, Chief Financial Officer (LSE:PSON)
ADVA Optical Networking
ADVA Optical Networking Acquires Ethernet Start-Up Company
MARTINSRIED, MUNICH, Germany and MAHWAH, N.J., July 26, 2004 (PRIMEZONE) -- Metro Packet Systems' expertise in carrier-class Ethernet technology strengthens ADVA's product development efforts and more strongly positions ADVA for market growth opportunities. ADVA Optical Networking today announced the signing of a definitive agreement to acquire the remaining seventy percent (70%) ownership stake in privately-held Metro Packet Systems Inc., an Ethernet start-up company. The team of nine engineers at Metro Packet Systems possesses extensive knowledge and expertise in the area of carrier-class Ethernet technology, particularly systems targeted at metropolitan access networks and customer premise sites. This acquisition underscores ADVA's commitment to building up a second core business around Ethernet access solutions.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against White Electronic Designs Corporation -- WEDC
BALTIMORE, July 25, 2004 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of White Electronic Designs Corporation (Nasdaq: WEDC) between January 23, 2003 and June 9, 2004, inclusive (the "Class Period").
Turnaround Partners, Inc.
Joe DiMaggio, Jr. to Appear on 'Corporate Strategies with Tim Connolly' July 25th at 9:10 pm EDT
HOUSTON, July 25, 2004 (PRIMEZONE) -- Food Innovations, Inc. (Pink Sheets:IVFH) Corporate Chef, Founder and CEO Joe DiMaggio, Jr. will appear live on Corporate Strategies with Tim Connolly this Sunday night July 25th at 9:10 pm EDT. Listeners may call in questions live and toll free about the company to Joe DiMaggio, Jr. or Tim Connolly at 1-866-606-TALK (8255). The Business TalkRadio Network Show may be heard on KSEV AM 700 in Houston, on over 375 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.