latest news releases from the newsroom
Strategic Distribution, Inc.
SDI Selects Dexterra Mobility Platform to Support its MRO Supply Chain Solutions
BENSALEM, Pa., July 24, 2003 (PRIMEZONE) -- SDI (Strategic Distribution, Inc.) (Nasdaq:STRD), a leading provider of maintenance, repair, and operating (MRO) supply chain management services, has announced an agreement with Dexterra, Inc., a global supplier of enterprise mobile applications, for Dexterra to provide the company with its Dexterra Mobility Platform(tm). SDI has selected Dexterra to mobile-enable its In-Site(r) system technology offering for its customers, further strengthening SDI's position as a leader in providing MRO supply chain solutions.
Emulex Expands Worldwide Manufacturing Reach with Addition of Benchmark Electronics
COSTA MESA, Calif., July 24, 2003 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the world's leading supplier of storage networking host bus adapters (HBAs), announced today that it has selected Benchmark Electronics, Inc. (NYSE:BHE) to provide electronics manufacturing services (EMS) for production of Emulex's industry-leading HBAs. The addition of Benchmark Electronics to the list of Emulex manufacturing providers underscores the company's leadership position and commitment to delivering world-class products.
Enea's new issue fully subscribed
TABY, Sweden, July 24, 2003 (PRIMEZONE) -- The preferential new issue in Enea Data AB (Other OTC:EDTDF), which was announced earlier, has now been completed. The interest in the new issue has been large and the new issue has been subscribed.
Tekron, Inc. Announces Letter of Intent in Russian Oil Fields
FORT LAUDERDALE, Fla., July 24, 2003 (PRIMEZONE) -- Tekron, Inc. (OTCBB:TKRN) announced that following initial due diligence, it has entered into an exclusive and comprehensive Letter of Intent with Mikasoil International to acquire a 25% equity stake of five oilfields within Russia. Under the terms of the agreement, Tekron will have 90 days to complete its due diligence, and then raise US$5 million to fund the initial phase of the project.
Miramar Mining Corporation
Miramar Mining Announces $30 Million 'Bought Deal' Financing
VANCOUVER, British Columbia, July 24, 2003 (PRIMEZONE) -- Miramar Mining Corporation (TSX:MAE)(AMEX:MNG) today announced that a Canadian broker on behalf of a syndicate of underwriters (collectively the "Underwriters") has agreed to purchase 14,300,000 Common Shares at a price of $2.10 per share for gross proceeds of $30,000,000. The Underwriters also have an option to purchase up to an additional 2,400,000 Common shares at the offering price to raise a further $5,000,000 exercisable up to 48 hours before the closing. Miramar plans to use the net proceeds of this financing to advance its Hope Bay project and for general corporate purposes.
Boliden Concentrates British Brass Production
STOCKHOLM, Sweden, July 24, 2003 (PRIMEZONE) -- Boliden's (TSE:BLS) (Other OTC:BDNNF) British brass company, Boliden MKM Limited, proposes to concentrate production of brass rods to its production site in Aldridge, Birmingham. The production site in West Bromwich will therefore be closed. The concentration of production to one site will create annual cost synergies of GBP 3 million.