latest news releases from the newsroom
Precise Biometrics AB
Precise Biometrics' Second Precise Match-on-Card Patent is Approved
LUND, Sweden, Nov. 18, 2002 (PRIMEZONE) -- Precise Biometrics AB (publ) (Other OTC:PBMTF) (Stockholm:PRECa), developer and provider of world-leading user-friendly fingerprint-based biometric security solutions, has now had approved its second patent on technology for matching fingerprints on smart cards, Precise Match-on-Card(TM). The company's first patent for Precise Match-on-Card(TM), only recently approved, was the world's first patent for this type of technology. The patent is a step forward in the company's struggle to establish Precise Match-on-Card(TM) technology as a standard for security solutions based on fingerprints and smart cards.
Semcon Runs Boverkets IT-Environment
GOTEBORG, Sweden, Nov. 18, 2002 (PRIMEZONE) -- In the face of strong competition, Semcon (Stockholm:SEMC) has won the contract for Boverket's IT-environment operations. The agreement will run for three years with the option for Boverket to extend the agreement for a further two years.
Nordisk Renting Acquires Office Building from KPA
STOCKHOLM, Sweden, Nov. 18, 2002 (PRIMEZONE) -- Nordisk Renting AB is acquiring the head office of pension company KPA AB in the Ostermalm district of Stockholm for SEK 350 million. In connection with the purchase, the parties are signing a 15-year leasing agreement. The property, with a rentable area of approximately 7,500 square metres, is efficiently utilised with regard to office space and is of a very high standard following total renovation in 1998-2000.
NeoNet Provides Macgregor With Direct Access to Global Stock Exchanges
STOCKHOLM, Sweden, Nov. 18, 2002 (PRIMEZONE) -- NeoNet (Stockholm:NEO), an international agency broker that provides electronic equity execution services for institutional investors and broker-dealers, today announced that it will provide Macgregor, a global provider of buy-side trade order management systems (OMS) and FIX network services, with access to NeoNet's global equity execution network. Macgregor has 80 of the world's largest institutions as clients.
AP3 Named European Market Leader by IPE
STOCKHOLM, Sweden, Nov. 18, 2002 (PRIMEZONE) -- The Third Swedish National Pension Fund (AP3) has been named European market leader by Investment & Pensions Europe (IPE). Earlier this fall AP3 was named Swedish market leader making the Fund one of 12 candidates for the European Award. AP3 shares the award with the British market leader Boots pension scheme. The Award is for the Fund's Asset/Liability Modelling (ALM) study.
PIMCO Corrects Barron's Error
NEWPORT BEACH, Calif. Nov. 17, 2002 (PRIMEZONE) -- PIMCO, one of the world's leading fixed-income managers, announced today that in this week's publication, Barron's erroneously described PIMCO's holdings in National Century Financial Enterprises' ("NCFE") bonds. Across all PIMCO client accounts, the actual amount of NCFE bonds that PIMCO owns is approximately $283 million, rather than the $3.35 billion reported. This amount represents less than one-tenth of one percent of the $401 billion managed by the firm worldwide.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Footstar, Inc. -- FTS
BALTIMORE, Nov. 15, 2002 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Footstar, Inc. (NYSE:FTS) between February 8, 2002 and November 12, 2002, inclusive (the "Class Period").