latest news releases from the newsroom
Huddle House Inc.
Photo Release -- Huddle House Celebrates First Opening in West Virginia
DECATUR, Ga., Aug. 18, 2003 (PRIMEZONE) -- Huddle House Inc., a 24-hour, full-service family dining restaurant chain, today announced the opening of its first restaurant in West Virginia in the town of Chapmanville. The new restaurant, the fifth of 32 Huddle House restaurants to be built nationwide this year, opened for business on Aug. 11, 2003 and is located at One Central Avenue at the intersection of Highway 119, adjacent to the Best Western hotel.
Global ePoint, Inc.
Global ePoint Announces Signing of New Corporate Customers; Receives Initial Orders to be Delivered in the 2003 Third Quarter Totaling Approximately $500,000 in Additional Revenue
CITY OF INDUSTRY, Calif., Aug. 18, 2003 (PRIMEZONE) -- Global ePoint, Inc. (the "Company") (Nasdaq:GEPT) today announced that its recently acquired McDigit division ("McDigit"), which manufactures customized computers and provides comprehensive solutions for industrial personal computer, commercial personal computer and contract manufacturing markets, has signed two new corporate customers. Under the arrangements with the new customers, McDigit will be providing industrial personal computers to the customers for use with the customers' advanced security technology. The relationships are expected to be ongoing, and the customers have initially ordered approximately $500,000 of industrial personal computers to be fully delivered in the 2003 third quarter. Although there can be no certainties to continuing orders, it is anticipated that the customers could order $400,000 to $800,000 of industrial personal computers per month once the initial orders are delivered, potentially providing approximately $5 million to $10 million of additional annual revenue over the next year.
Ahold announces General Shareholders' Meeting
ZAANDAM, The Netherlands, August 18, 2003 (PRIMEZONE) -- After consultation with the VEB (Dutch Association of Securities Owners), Ahold (NYSE:AHO) announces a General Shareholders' Meeting, to be held on Thursday, September 4, 2003 at 10:00 a.m. at the Fortis Circustheater in The Hague.
Frontline: Capital adjustments
HAMILTON, Bermuda, August 18, 2003 (PRIMEZONE) -- One employee of Frontline (NYSE:FRO) has exercised options to acquire a total of 1,667 shares in Frontline. All shares have been acquired at a strike price of USD 9.70 per share. Total proceeds were USD 16,169.90.
Northrop Grumman Corp.
Northrop Grumman Launches New First Responder Command and Control System
HERNDON, Va., Aug. 18, 2003 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has released a new first responder command and control software for law enforcement, fire, emergency medical agencies and other incident management activities. CommandPoint(TM) is the latest application suite released by Northrop Grumman Information Technology's (IT) public safety business, designed and developed to enhance the readiness, response and recovery operations of any public safety agency.
Quest Software Charged With Securities Fraud, Says The Pomerantz Firm -- QSFT
NEW YORK, August 18, 2003 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit against Quest Software, Inc.("Quest" or the "Company") (Nasdaq:QSFT) and five of the Company's senior officers and directors on behalf of investors who purchased the common stock of Quest during the period between April 30, 2002 and July 23, 2003, inclusive (the "Class Period"). The case was filed in the United States District Court for the Central District of California.
Wihlborgs launches share buy-back
STOCKHOLM, Sweden, Aug. 18, 2003 (PRIMEZONE) -- Wihlborgs Fastigheter AB (publ) has started the share buy-back program approved by the annual general meeting on 2 April 2003. Acquisitions of Wihlborgs' own shares may take place of not more than the number of shares, which at any time are equivalent to 10 per cent of all the company's issued shares. Wihlborgs' acqusitions of its own shares is designed to improve the capital structure and thereby increase the company's return on shareholders' equity and its earnings per share.
International Broadcasting Corporation
IBC Radio Network Announces New Sponsor for `Stock Talk LIVE' Radio Show: Genius Products, Inc.
SANTA MARIA, Calif., Aug. 18, 2003 (PRIMEZONE) -- IBC Radio Network, a division of International Broadcasting Corporation (OTCBB:IBCS), announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." Genius Products, Inc. (OTCBB:GNPI) is the latest sponsor for the show. "Stock Talk LIVE" (http://www.IBCradio.com) is a fully interactive business radio talk show focused exclusively on micro-cap stocks. The show is "on the air" each and every stock market day from 9 AM to 4 PM EST. Interactivity, interesting guests, and significant short-term trading opportunities are featured in each and every edition of "Stock Talk LIVE." Interviews, commercials, and news updates about Genius Products, Inc. will air on "Stock Talk LIVE." News releases from GNPI will also appear at the IBC News Network website (http://www.IBCNN.com).