latest news releases from the newsroom
Avenue Group, Inc.
Avenue Group, Inc. Announces Results of the 2003 Annual Meeting of Stockholders
SHERMAN OAKS, Calif., Dec. 31, 2003 (PRIMEZONE) -- Avenue Group, Inc. (OTCBB:AVNU) (Frankfurt:ITQ) (the "Company") announced today that at the Company's 2003 Annual Meeting of Stockholders held on December 29, 2003, at the Company's principal offices in Sherman Oaks, California (the "Annual Meeting"), the shareholders approved the proposals put forth by the Company. At the Annual meeting, the shareholders re-elected the three incumbent Board nominees: Levi Mochkin, Jonathan Herzog and Jim Tan to serve as directors for a one-year term ending at the Company's next annual meeting of shareholders. The shareholders also ratified the Company's selection of the firm Weinberg & Company P.A. as the Company's independent accountants for the year ending December 31, 2003.
Dobson Communications Corporation
American Cellular Corporation Announces Completion of Exchange Offer for Its 10% Senior Notes Due 2011
OKLAHOMA CITY, Dec. 31, 2003 (PRIMEZONE) -- American Cellular Corporation today reported that, as of 5:00 p.m., New York City time, on December 30, 2003, $900 million principal amount, representing all of American Cellular's outstanding 10% Senior Notes due 2011, have been tendered in exchange for new 10% Senior Notes due 2011, which have been registered under the Securities Act of 1933. American Cellular has accepted all tenders of its 10% Senior Notes.
Dobson Communications Corporation
Dobson Communications Repurchases Preferred Stock
OKLAHOMA CITY, Dec. 31, 2003 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) has completed the repurchase in a private transaction of approximately $46.1 million (liquidation preference amount) of its 12 1/4% Senior Exchangeable Preferred Stock for $48.9 million. CUSIPs for the 12 1/4% Senior Exchangeable Preferred Stock are 256 072 30 7 and 256 069 30 3. The Company announced the planned repurchase last week.
Photo Release -- Club Car Precedent Sets New Standard for Golf Cars
AUGUSTA, Ga., Dec. 31, 2003 (PRIMEZONE) -- Club Car's introduction of the 2004 Precedent represents not only the most significant product introduction in the company's history, but also the most dramatic transformation of the golf car since three wheels and a tiller gave way to the modern electric golf car more than 30 years ago.
View Systems Inc.
View Systems Highlights Sales
BALTIMORE, Dec. 31, 2003 (PRIMEZONE) -- View Systems, Inc. (OTCBB:VYST) announced today they will begin fulfilling pending orders for the HAZCAM during the first quarter of 2004. The company will complete the orders initiated prior to acquiring the marketing rights from the Federal Lab INEEL and recognize all revenues from the transactions.
21st Century Technologies, Inc.
21st Century Technologies, Inc. Acquires $2.7 Million Profitable Business
LAS VEGAS , Dec. 31, 2003 (PRIMEZONE) -- Arland D. Dunn, President and CEO of 21st Century Technologies, Inc. (OTCBB:TFCT) announced the acquisition of Paramount MultiServices, Inc. a Texas-based marketing firm with offices in Duncanville, Corpus Christi and Alliance, Nebraska. Mr. Dunn said, "Paramount comes to us with a substantial history of profitable operations. Paramount has engaged in marketing representation on behalf of major banking institutions, publishers, transportation companies and manufacturers. 21st will be able to integrate the services offered by Paramount with other ventures in our future which will enable Paramount to grow as part of our family. We expect that Paramount's present $2.8 million annual revenues will grow with 21st Century. Paramount adds marketing experience, skills and know-how to 21st Century."
IPO Monitor Publishes its Year-End Review
LOS ANGELES, Dec. 30, 2003 (PRIMEZONE) -- IPO Monitor (www.ipomonitor.com), the nation's most popular destination site for analysis on the initial public offering market, is pleased to announce that on Jan. 4, 2004 it will publish an annual review of the IPO market and prognostications for 2004.