latest news releases from the newsroom
Cytomedix, Inc. Consolidates Management Responsibilities
LITTLE ROCK, Ark., June 29, 2004 (PRIMEZONE) -- Cytomedix, Inc. (OTCBB:CYME) today announced that Mark Cline, president, will leave the company this month and Kshitij Mohan, Ph.D., chief executive officer, will assume his responsibilities in a planned transition.
Bookham Technology Plc
Bookham enters High Power Industrial Laser Market
ABINGDON, U.K. and ZURICH, Switzerland, June 29, 2004 (PRIMEZONE) -- Bookham Technology plc ("Bookham") (LSE:BHM) (Nasdaq:BKHM) has developed and qualified a family of high-power laser diode bars, based upon its telecoms market-leading 980nm gallium arsenide (GaAs) laser diodes, to meet the needs and opportunities of key industrial sectors. The initial products are now qualified and have been shipping during the current quarter.Bookham's Zurich-based division has over 20 years' experience of developing and manufacturing large volumes of high brightness, reliable GaAs laser diodes. Bookham has now applied this technology and experience to the development of cutting-edge solutions for the industrial, medical, military, and aerospace markets.
Skanska Sells Properties in Sundbyberg and Gothenburg for SEK 1,034 M, Generating a Gain of SEK 243 M
STOCKHOLM, Sweden, June 29, 2004 (PRIMEZONE) -- Skanska Project Development Sweden is selling the Frofjarden 2-4 properties in Sundbyberg and Garda 13:3 in Gothenburg to AMF Pension for SEK 1,034 M. The total capital gain amounts to SEK 243 M and will be reported in the second quarter of 2004. The buyer gains access to Frofjarden on October 1, 2004 and Garda on January 1, 2005, at which times the payments for each property will be made.
MLON International Ventures, Inc.
Mellon Research, Inc. Finalizes Contract with Xiamen China Manufacturer
SCOTTSDALE, Ariz., June 29, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON) announced today that it is has signed a contract with Kinghero Fashion (Xiamen) Company Limited., a privately held specialty manufacturer of men's apparel located in Xiamen China to take the company public via the US OTC markets within 4-6 weeks. Kinghero Fashion (Xiamen) Company Limited. is privately held, generating $3M in revenue per annum, with over 330 employees and it is currently exporting a men's apparel line to European and Russian consumers. Kinghero Fashion (Xiamen) Company Limited. intends to utilize the OTC markets to go public and raise $3-5M USD. which will be used to increase size of the company's manufacturing facilities, hire more employees and create and develop an aggressive marketing program to sell its clothing lines directly to North American consumers via the company's e-commerce enabled web site.