latest news releases from the newsroom
Eastern Europe Joins the West
BRUSSELS, June 28, 2004 (PRIMEZONE) -- "May 1, 2004, will be a milestone in the history of Europe. It is Europe's response to the end of the Cold War and an opportunity to heal the wounds of the past, wounds of war and dictatorship," says EU Enlargement Commissioner Guenter Verheugen. Given the magnitude of his jubilation, he can only refer to the recent accession of Poland, the Czech Republic, Slovakia, and Hungary to the European Union after long domination by Soviet Russia, along with Bulgaria's and Romania's membership in NATO. This is a political and economic phenomenon chronicled by Donald Read Shanor and Constance Collier Shanor in their new book, After the Russians.
Superscape Group PLC
Superscape Group plc's 3D Swerve Technology Selected by Sun Microsystems
HOOK, Hampshire, U.K./SAN CLEMENTE, Calif. June 28, 2004 (PRIMEZONE) -- Superscape Group plc (LSE:SPS), leaders in revolutionary entertainment for mobile phones, announces that Swerve Client, the company's JSR 184 compliant 3D software, has been selected by Sun for integration and distribution with a selection of Sun products including Sun's J2ME Wireless Toolkit. Anyone downloading the Wireless Toolkit from the Sun Website (www.java.sun.com) will automatically have access to Superscape's Swerve Client as the standard implementation for the development and testing of 3D Java applications for mobile phones and other wireless devices supporting the J2ME environment.
BNP Paribas Securities Corp. Establishes An Institutional Sales Operation In San Francisco
NEW YORK, June 28, 2004 (PRIMEZONE) -- BNP Paribas announced today the establishment of a Fixed Income institutional sales desk in San Francisco through its broker/dealer, BNP Paribas Securities Corp. The new institutional sales operation will be dedicated to providing the Bank's wide range of debt products and services to clients based in the Western U.S. Ken Austin, a Director in BNP Paribas' Credit Derivatives business, based in New York, will move to San Francisco to head the new operation.
ADVA Optical Networking
ADVA Optical Networking and TGC Global Provide New Ethernet and Storage Solutions for United Nations Federal Credit Union
MARTINSRIED/MUNICH, Germany and MAHWAH, N.J., June 28, 2004 (PRIMEZONE) -- ADVA Optical Networking and partner TGC Global today announced that the United Nations Federal Credit Union (UNFCU) has leveraged TGC Global professional services in deploying ADVA's Fiber Service Platform (FSP) 2000. The solution provides scalable, high-speed Ethernet services among four metropolitan New York sites and will support both Ethernet services and Fiber Channel storage applications to a disaster recovery facility in New Jersey. After thorough analysis together with TGC Global, UNFCU selected the cost-effective flexibility of ADVA's Wavelength Division Multiplexing (WDM) technology. ADVA and TGC Global were able to meet very challenging deployment milestones and launch the new network without disruption of service to UNFCU's 230 end users.
ADVA Optical Networking
ADVA Optical Networking/Fujitsu Solution Enables New USCarrier Ethernet Offering
MARTINSRIED/MUNICH, Germany, June 28, 2004 (PRIMEZONE) -- ADVA Optical Networking announced that their North American Original Equipment Manufacturing (OEM) partner, Fujitsu Network Communications Inc., has successfully deployed the FLASHWAVE(R) 7420 metro DWDM platform for USCarrier Telecom, LLC. The solution has enabled USCarrier to roll out its new E-Max 1000 Long Haul Wholesale Ethernet Service to carrier customers seeking to introduce competitively priced, advanced broadband offerings in the south-eastern United States.
KWI Enters Japanese Market in Partnership with Toshiba
HOUSTON, June 28, 2004 (PRIMEZONE) -- KWI, the leading provider of trading and risk management software for the global energy industry, today announces its partnership with Toshiba Corp., the leading Japanese developer and manufacturer of power generation systems. This relationship has resulted in the creation of the first Japanese-language energy trading and risk management (ETRM) packaged application.
Impala Platinum Holdings Ltd.
Impala: Agreement Reached Between Impala and the NUM
JOHANNESBURG, South Africa, June 28, 2004 (PRIMEZONE) -- Impala Platinum Holdings Limited (Implats) and the National Union of Mineworkers confirm that they have reached agreement whereby the 1,700 rockdrill operators who have been engaged in unprotected industrial action at Impala Platinum Limited, will return to work by Tuesday 29 June 2004.
BNP Paribas Acts as Sole Agent Bank for State of California Economic Recovery Bonds, The Largest Municipal Bond Sale in U.S. History
SAN FRANCISCO, June 28, 2004 (PRIMEZONE) -- BNP Paribas (Pink Sheets:BNPQY) announced today that it acted as the Sole Arranger and Administrative Agent of a 10-bank syndicate providing credit enhancement and liquidity support for The State of California sale of $2.97 billion of variable-rate Economic Recovery bonds ("ERB's"). The bonds were supported by a combination of bank credit enhancement and liquidity support. This transaction represents the second series of California State ERB financing; the first $7.9 billion fixed-rate series was sold in early May of 2004. The two series combined totaled $11.3 billion, the largest municipal bond sale in U.S. history. California voters approved $15 billion in ERBs in an early March 2004 election. A dedicated stream of state sales-tax revenue secures all the ERB debt, with a State of California general obligation backup.