latest news releases from the newsroom
Stolt-Nielsen S.A. Financial Update
LONDON, Sept. 17, 2003 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI) today announced that its 63.5%-owned publicly traded subsidiary, Stolt Offshore S.A. (Nasdaq:SOSA) (Oslo Stock Exchange:STO), had amended its previous earnings guidance for the full 2003 fiscal year.
Anoto is reducing costs and downsizing
LUND, Sweden, Sept. 17, 2003 (PRIMEZONE) -- Anoto (Other OTC:AOTOF) is cutting costs further, and will consequently downsize its organisation. The company is today giving some fifty employees notice. The staff reduction is brought about by much of the basic development being completed, and the fact that Anoto partners are now carrying out a larger part of the development work and industrialisation. The downsizing will be conducive to gradually lowering group costs to approximately SEK 11 million per month. Full effect of the cost-cutting program will be achieved as of the second quarter 2004.
Bitfone Announces mProve PRISM for Firmware Lifecycle Management
LA JOLLA, Calif., Sept. 17, 2003 (PRIMEZONE) -- Bitfone Corporation (www.bitfone.com), a leader in over-the-air (OTA) update technology for mobile phones, today announced the release of mProve PRISM(tm) (Package Repository and Intelligent State Manager) that allows wireless carriers to centrally manage the updating of firmware images on mobile phones within their networks.
LEGATO Systems Qualifies Emulex HBAs for Use With Its Enterprise Storage Management Software
COSTA MESA, Calif., Sept. 17, 2003 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the world's leading supplier of storage networking host bus adapters (HBAs), announced today that LEGATO Systems, Inc. has qualified the Emulex LightPulse dual channel LP9802DC, LP9802 and LP982 PCI-X HBAs for use with LEGATO NetWorker(r). LEGATO's qualification of Emulex's HBAs with its NetWorker world-class data protection solution ensures that customers experience seamless operation of the two companies' products in Windows 2000 and Windows Server 2003 environments.
ManageSource Research, RIA
ManageSource Research Continues Coverage of LocatePLUS Holdings Corp. and Issues a Buy Rating and Twelve-Month Price Target of $0.75 - $0.85
LOS ANGELES, Sept. 17, 2003 (PRIMEZONE) -- ManageSource Research announced today that it has released updated coverage of LocatePLUS Holdings Corp. (OTCBB:LPLHA) (OTCBB:LPLHB) with a Buy rating and a twelve-month target of $0.75 - $0.85 based upon the Company's introduction of multiple new product lines and the systematic improvement of their fundamental condition. Fundamental ratio analysis has demonstrated that the Company has improved in almost all categories, including internal liquidity, operating performance and marketability. Updated versions of the Company's core products along with patent-pending Bull's Eye, LPPolice.com and a letter of intent to acquire Entersect Corporation should further improve growth and revenue capacity. LocatePLUS remains committed to working closely with law enforcement agencies to improve their products, build relationships and respond to user demand.