latest news releases from the newsroom
AngelCiti Entertainment, Inc.
AngelCiti Achieves Major Milestone in Paying Down All of its Long Term Debt
PEMBROKE PINES, Fla., Jan. 7, 2004 (PRIMEZONE) -- AngelCiti Entertainment (OTCBB:AGLC) announced that it has achieved a major milestone in eliminating all of its long term debt from internally generated cash flow and equity raised by the company. This material turn of events will enable the company to even more aggressively pursue growth in 2004. Other than technical inter-company debt between the company and its wholly owned subsidiaries and miscellaneous service provider bills incurred in the ordinary course of business, the company is now debt-free.
Wihlborgs Fastigheter AB (publ) Declaration
STOCKHOLM, Sweden, Jan. 7, 2004 (PRIMEZONE) -- Wihlborgs Fastigheter AB (publ) has purchased 130,000 B shares in Drott AB (publ). Wihlborgs will thereafter own a total of 28,000 A shares and 13,872,500 B shares, which together represent 15.6 percent of the capital and 15.1 percent of the votes in the company.
Seco Tools Makes Acquisition in USA
FAGERSTA, Sweden, Jan. 7, 2004 (PRIMEZONE) -- Seco Tools is one of the world's leading manufacturers of cemented-carbide tools for metalworking. Continued growth shall be achieved through such measures as expansion within rapidly growing product areas and market niches.
Ahold Served with Summons by VEB
ZAANDAM, The Netherlands, Jan. 7, 2004 (PRIMEZONE) -- Ahold today announced that it has been served by the VEB (Association of Dutch Stockholders) with a summons to appear before the Enterprise Chamber ("Ondernemingskamer") of the Amsterdam Court of Appeals in connection with a claim by the VEB that the annual accounts for fiscal years 1998, 1999, 2000, 2001 and 2002 be nullified and that Ahold be ordered to restate its accounts and related annual reports for such periods.
Abucco Technologies Inc. Executes Definitive Agreement With Stafford Energy, Inc.
VANCOUVER, British Columbia, Jan. 6, 2004 (PRIMEZONE) -- Stafford Energy, Inc., ("Stafford") (Pink Sheets:SFDE), has agreed to acquire shares of privately held, Abucco Technologies Inc. ("Abucco"). Abucco is in the business of high technology security, access and telemetry monitoring and control over the Internet and wireless networks.
Port of Houston Authority
Photo Release -- Port Authority Signs Bayport Permit
HOUSTON, Jan. 6, 2004 (PRIMEZONE) -- The Port of Houston Authority (PHA) signed the federal permit for the Bayport Container and Cruise Terminal on Monday. The permit was then issued after Col. Leonard Waterworth signed it. The U.S. Army Corps of Engineers' permit was the next critical step in the process to build the $1.2 billion terminal. Construction is expected to begin soon.
Renegade Venture Corporation
Renegade's Hamilton Aerospace Subsidiary Announces Maintenance Contract for Another Jetran Boeing 737 Aircraft
TUCSON, Ariz., Jan. 6, 2004 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation (OTCBB:RDVN) today announced that its wholly owned subsidiary, Hamilton Aerospace Technologies, signed a new contract with major customer Jetran International. This latest project involves a heavy maintenance check, paint, and other return-to-service work on another former US Airways Boeing 737 aircraft owned by Jetran. The estimated value of this maintenance contract is approximately $500,000, which Hamilton Aerospace expects to complete and book in the 1st quarter. This contract is the latest in a series of aircraft maintenance projects that Hamilton Aerospace has performed for Jetran, an aircraft leasing company that purchased 91 commercial jet aircraft from U.S. Air in April of 2002.
Cinema Internet Networks Inc.
CinemaWorks Almost Doubles Revenues in 2003; Adds 20 New Hotel Customers
VANCOUVER, B.C., Jan. 6, 2004 (PRIMEZONE) -- Cinema Internet Networks Inc. (d.b.a. "CinemaWorks") (TSX Venture Exchange:CWK), a Canadian provider of Internet equipment and services specializing in the hospitality market, reports revenues of US$520,000 as of year end, July 31, 2003. This is an increase of 74% over 2002. The company also increased its hotel customer base from 13 to 33 hotels during this same period.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Dynacq Healthcare Inc.
BALA CYNWYD, Pa., Jan. 6, 2004 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Dynacq Healthcare Inc. ("Dynacq" or the "Company") (Nasdaq:DYIIE), between January 14, 2003 and December 18, 2003, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Southern District of Texas.
The Cooper Companies, Inc.
The Cooper Companies To Present At The JP Morgan Healthcare Conference In San Francisco
LAKE FOREST, Calif., Jan. 6, 2004 (PRIMEZONE) -- The Cooper Companies, Inc. (NYSE:COO) will be presenting at the JPMorgan Healthcare Conference in San Francisco on Monday, Jan. 12, 2004, at approximately 9:30 a.m. (Pacific Time). A live webcast of the company's remarks will be available at http://equityconferences.jpmorgan.com. An archived version of the remarks will be available for one week. Additionally, the webcast can be accessed through the Company's website at www.coopercos.com.