latest news releases from the newsroom
Manpower Solutions to acquire all shares in INgroup
STOCKHOLM, Sweden, Jan. 7, 2004 (PRIMEZONE) -- In 2000, WM-data, If, Skandia and Telia Sonera formed a jointly owned company for the outsourcing of business-support services. The company conducts its operations under the name INgroup. The long-term ambition of the current owners of INgroup has been to find a new owner to further develop the company's business. INgroup's operations do not constitute part of the core business of the current owners. In Manpower, the joint parties have found a strategic long-term owner and, as described in today's press release, Manpower will now acquire all of the shares in INgroup. Subject to the approval of the competition authorities, the formal takeover is expected to be completed at the end of February 2004.
Oakley Introduces Interchangeable Prescription Lenses
FOOTHILL RANCH, Calif., Jan. 7, 2004 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced the introduction of the world's first truly interchangeable prescription lens. The first product to carry the new technology is Oakley's best selling eyewear model, the high-performance sunglass Half Jacket(tm). Using custom-engineered digital sculpturing equipment the company now makes removable corrective lenses that require no plastic or metal carriers, drill mounts or nylon filaments. Oakley's invention gives eye care professionals a lightweight, high-performance sunglass or clear lens to serve customers who require visual correction but also demand the freedom to change their look or adapt instantly to any light condition.
FinancialContent Services, Inc.
FinancialContent Announces Strategic Partnership with FindWhat.com
SOUTH SAN FRANCISCO, Jan. 7, 2004 (PRIMEZONE) -- FinancialContent Inc. (OTCBB:FCON), a leading provider of financial data and business applications to online media and financial services companies worldwide, today announced a key strategic partnership with FindWhat.com and the launch of a major initiative to deploy contextual advertising products on financial channels powered by FinancialContent.
AngelCiti Entertainment, Inc.
AngelCiti Achieves Major Milestone in Paying Down All of its Long Term Debt
PEMBROKE PINES, Fla., Jan. 7, 2004 (PRIMEZONE) -- AngelCiti Entertainment (OTCBB:AGLC) announced that it has achieved a major milestone in eliminating all of its long term debt from internally generated cash flow and equity raised by the company. This material turn of events will enable the company to even more aggressively pursue growth in 2004. Other than technical inter-company debt between the company and its wholly owned subsidiaries and miscellaneous service provider bills incurred in the ordinary course of business, the company is now debt-free.
Wihlborgs Fastigheter AB (publ) Declaration
STOCKHOLM, Sweden, Jan. 7, 2004 (PRIMEZONE) -- Wihlborgs Fastigheter AB (publ) has purchased 130,000 B shares in Drott AB (publ). Wihlborgs will thereafter own a total of 28,000 A shares and 13,872,500 B shares, which together represent 15.6 percent of the capital and 15.1 percent of the votes in the company.
Seco Tools Makes Acquisition in USA
FAGERSTA, Sweden, Jan. 7, 2004 (PRIMEZONE) -- Seco Tools is one of the world's leading manufacturers of cemented-carbide tools for metalworking. Continued growth shall be achieved through such measures as expansion within rapidly growing product areas and market niches.