latest news releases from the newsroom
PharmChem Reports 2002 Results
HALTOM CITY, Texas, March 20, 2003 (PRIMEZONE) -- PharmChem, Inc. (Nasdaq:PCHM) today reported net sales from continuing operations of $7,227,000 for the fourth quarter ended December 31, 2002, a decrease of 10.5% from 2001 net sales of $8,078,000. The Company's net income from continuing operations in the quarter was $49,000, or $0.01 per share, compared to a net loss from continuing operations last year of $824,000, or $0.14 per share.
Wihlborgs Launches Share Buyback
STOCKHOLM, Sweden, March 20, 2003 (PRIMEZONE) -- Wihlborgs Fastigheter AB (publ) has started the share buyback program approved by the annual general meeting on April 4, 2002. 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.
LRF Fastigheter AB
LRF issues cash offer for Mandamus
STOCKHOLM, Sweden, March 20, 2003 (PRIMEZONE) -- This Offer is not intended for individuals whose participation requires additional prospectuses, registration or measures other than those stipulated by Swedish law. This press release may not be distributed to or released in the United States, Canada, Japan or Australia or in any other jurisdiction where its distribution or the Offer require measures in accordance with the previous paragraph or violate the rules in such a jurisdiction. This press announcement is a translation from the Swedish language. In the event of any discrepancy between the Swedish version and the English version, the Swedish version shall prevail.
Kinnevik Settles Dispute with Alecta
STOCKHOLM, Sweden, March 20, 2003 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik (Nasdaq:KVIKA) (Nasdaq:KVIKB) today announced that it has settled an old dispute with Alecta, the pension fund management group, relating to the 1992 tender offer for Korsnas AB.
Northrop Grumman Corp.
Northrop Grumman Receives U.S. Army Award for Smart Card Middleware
HERNDON, Va., March 20, 2003 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) is expanding its smart card systems and services for the Department of the Army. Through a task order from the General Services Administration, Northrop Grumman Information Technology (IT) will deliver middleware that allows smart cards to communicate with computers and computer applications for the Army's Common Access Card (CAC) program.
Carmina Technologies Inc.
Carmina Technologies Subsidiary Signs Agreement with Guelph Food Technology Centre
CALGARY, Alberta, Canada and TORONTO, March 20, 2003 (PRIMEZONE) -- Carmina Technologies Inc. (OTCBB:CARL) announced today that its wholly owned subsidiary, Assured Performance Monitoring Inc. (APM), and The Guelph Food Technology Centre (GFTC) have entered into an agreement to develop new tools for food inspection and quality assurance professionals. Under the terms of the agreement, Guelph will provide its food inspection and audit systems to APM, which will bring them onto its Assur technology platform designed for mobile workforces. Upon completion of the development work by APM, Guelph field auditors will utilize the technology and GFTC will earn royalties on the sale of the basic system to other inspection organizations or food processing companies.