latest news releases from the newsroom
Beacon Research Adds Principal Financial Group Products to its Fixed Annuity Database
EVANSTON, Ill., Sept. 25, 2003 (PRIMEZONE) -- Beacon Research announced today that the Principal Financial Group(r) has joined the growing group of some 100 participants in its AnnuityNexus fixed annuity database, featuring carrier-approved product profiles unique in their accuracy, comprehensiveness and timeliness. Annuity products offered through Principal Life Insurance Company, a member of the Principal Financial Group, will now be included in the database.
Bock Communications Launches Marketing Services Practice Designed For Today's Expanded Corporate Marketing Needs
COSTA MESA, Calif., Sept. 25, 2003 (PRIMEZONE) -- Bock Communications, Inc., an award-winning, full-service public relations firm specializing in wireless, telecommunications and high technology, today formally kicked-off its Marketing Services practice for clients operating throughout the world. While Bock has been providing public relations expertise to its clients for many years, the agency has formed a global specialty practice whose focus will be on marketing services in order to better meet the growing needs of clientele worldwide.
The ALS Association, Greater Los Angeles Chapter
Walk to D'Feet ALS in Santa Monica Will Benefit Research and Patient Services Programs to Fight Lou Gehrig's disease
AGOURA HILLS, Calif., Sept. 25, 2003 (PRIMEZONE) -- Walk to D'Feet ALS, a concerted effort to raise funds benefiting research and patient care services for people with amyotrophic lateral sclerosis (ALS), will take place, Saturday, October 4, 2003 at Reed Park in Santa Monica. The event is part of the continued campaign by The ALS Association, Greater Los Angeles Chapter to raise awareness and needed funding for the fight against ALS.
FreeStar Technology Corporation Signs Definitive Agreement to Acquire Approximately 70% of TransAxis, Inc.
NEW YORK, Sept. 25, 2003 (PRIMEZONE) -- FreeStar Technology Corporation (OTCBB:FSRC), and TransAxis, Inc. (Pink Sheets:TNXS) (formerly Digital Courier Technologies, Inc.), jointly announced today that FreeStar, TransAxis and certain of TransAxis' stockholders have executed a definitive stock purchase agreement regarding the acquisition by FreeStar of approximately 70% of the outstanding common stock of TransAxis. Pursuant to the terms of the agreement, FreeStar will issue shares of its common stock as consideration in an amount dependent on the price of FreeStar common stock immediately prior to closing of the acquisition, but in no event less than 7,000,000 shares. Following the closing, FreeStar will file a registration statement with the Securities and Exchange Commission covering the shares of common stock that it issues to the TransAxis stockholders. In connection with such transaction, FreeStar intends, and has agreed, to use reasonable efforts within 180 days after the closing to effect the acquisition of the remainder of TransAxis' common stock for cash at a valuation approximately equal to the value of the FreeStar shares to be issued in the transaction described above. The closing of the acquisition of TransAxis stock is subject to standard conditions. The parties intend to close the transaction on or before October 1, 2003.
Murray, Frank & Sailer LLP
Shareholder Class Action Filed Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of Certain Strong Funds by Rabin, Murray & Frank LLP -- SUEAX, SASPX, SENAX, SGNAX
NEW YORK, Sept. 25, 2003 (PRIMEZONE) -- A class action lawsuit has been filed in United States District Court for the Southern District of New York, case number 03-CV-7438, on behalf of all persons or entities who purchased or otherwise acquired Strong Growth & Income Fund (Nasdaq:SGNIX) (Nasdaq:SGRIX) (Nasdaq:SGIKX), Strong Enterprise Fund (Nasdaq:F04ANX) (Nasdaq:SENTX) (Nasdaq:SEPKX) and other Strong Funds (the "Funds") owned and operated by Strong Financial Corporation, and its subsidiaries and affiliates, between October 1, 1998 and July 3, 2003, inclusive, (the "Class Period"). The complaint names Strong Financial Corporation, Strong Capital Management, Inc., and each of the Funds' registrants and issuers, Edward J. Stern, Canary Capital Partners, LLC, Canary Investment Management, LLC, Canary Capital Partners, Ltd, each of the Funds, and John Does 1-100.