latest news releases from the newsroom
Parker Waichman Alonso LLP
MCI/WorldCom Class Action Opt-Out Deadline Expected to be End of July 2004 or Later, Announces Parker & Waichman -- MCIA
NEW YORK, June 21, 2004 (PRIMEZONE) -- Parker & Waichman LLP (www.worldcomstockfraud.com) is announcing that it expects the deadline to opt out of the MCI/WorldCom (Pink Sheets:MCIA) class action lawsuit will be at the end of July or later. In a hearing last week, Judge Cote of the Federal District Court for the Southern District of New York set forth that there will be another hearing during the first week of July to evaluate the terms and conditions of the proposed class action settlement. Judge Cote indicated that within 10 days of that hearing, a Class Action Notice will be distributed which will include the close of the opt-out period, which will be at least 21-30 days from the date of the Notice.
Market Pulse Announces its Hot Stock List for Monday, June 21, 2004: TCPD, BSIO, INTC, RIMM
ATLANTA, June 21, 2004 (PRIMEZONE) -- Market-Pulse.com is pleased to introduce our featured stock, Telecommunications Products, Inc. (OTCBB:TCPD), to the investment community! Telpro is a provider of voice-on-demand and pay-per-view services to the hospitality industry! Telpro just announced excellent news before today's opening bell! Investors should take note as they are undervalued! Other highlighted stocks from a fundamental and technical perspective are:
Press Release on Arbitration Proceedings Between Skandia and Skandia Liv
STOCKHOLM, Sweden, June 21, 2004 (PRIMEZONE) -- On 5 April 2004 it was announced that Skandia and Skandia Liv had reached an agreement in principle that the matter of alleged, prohibited profit distribution in connection with Skandia's sale of its asset management business to Den norske Bank would be resolved between Skandia and Skandia Liv by an arbitration board.
CDMA Development Group
Deployments of Broadband CDMA2000 Services Accelerate in Latin America
COSTA MESA, Calif., June 21, 2004 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) today reported that CDMA2000(r) continues to lead in the delivery of high-speed wireless data access to users in Latin America. This past month, four operators in the region, in Bermuda, Brazil, Guatemala and Venezuela, launched or announced plans to deploy CDMA2000 1xEV-DO technology, which is capable of delivering data speeds of up to 3.01 Mbps.
The DVD/CD Shredder Plus Rugged Media Destruction Device
CHATSWORTH, Calif., June 21, 2004 (PRIMEZONE) -- Alera Technologies, developer and manufacturer of Advanced DVD and CD Recording Solutions announced today that it is launching its new DVD/CD Shredder Plus, the ultimate media destruction device that cuts DVDs, CDs, Floppy Disks and Credit Cards into small unusable strips, permanently preventing unauthorized use and it is HIPAA compliant. With carbon steel blades and 1/2 horsepower motor, this industrial strength product is designed specifically for shredding DVDs, CDs and Floppy's. The DVD/CD Shredder Plus is equipped with a unique automatic start/stop feature and a 4 gallon receptacle to catch the pieces.
Eleven Wireless and Nomadix Partner to Enable Kimpton Hotels to Deploy Wi-Fi Service at all of its Properties
PORTLAND, Ore. and WESTLAKE VILLAGE, Calif., June 21, 2004 (PRIMEZONE) -- Eleven Wireless, an emerging provider of Wi-Fi operations software, and Nomadix, a leading supplier of Public-access solutions, today announced they have partnered to enable Kimpton Hotels, a stylish boutique hotelier with properties across North America, to deploy its own high-speed Public-access networks at all of its properties. The rollout, which will include all of Kimpton's 39 properties, leverages Nomadix' HotSpot Gateway(TM)(HSG) and Universal Subscriber Gateway IITM (USG II) along with Eleven's managed operations software, ElevenOS, to provide customers with easy-to-use wireless access in guest rooms, meeting rooms, lobbies and restaurants.