latest news releases from the newsroom
World Financial Capital Markets
netGuru Coverage Started at World Financial Capital
NEW YORK, April 25, 2002 (PRIMEZONE) -- World Financial Capital Markets, an investment boutique specializing in the underwriting of public and privately held securities, is pleased to announce that it has commenced analytical coverage of Yorba Linda, Calif.-based netGuru, with a buy rating and a 12-month target of $7. netGuru, with shares traded on the Nasdaq National Market under the ticker NGRU, is an integrated Internet and information technology and services concern.
Fonecta and Add2Phone Form Partnership in Mobile Directory Media
FRANKFURT, Germany, April 25, 2002 (PRIMEZONE) -- Fonecta Ltd, a leading Finnish directory service provider operating also in France, and Add2Phone, a leading developer of mobile marketing technology, today announced a partnership aimed at providing mobile directory media solutions to mobile network operators. As a result of the agreement, Fonecta Directory Service Platform, integrated with Add2Phone's Mobile Advertising Server, enables a high-volume and advanced directory solution with built-in support for permission marketing and location-based directory service.
Today's Annual General Meeting in Karo Bio AB
HUDDINGE, Sweden, April 25, 2002 (PRIMEZONE) -- The Board of Directors of Karo Bio AB has decided to withdraw its proposal to the Annual General Meeting to introduce a Stock Option Program. Before the Annual General Meeting the board of Directors consulted with larger shareholders. The Board has carefully considered the comments received in that process and deem that the proposal would not receive 90 percent of the votes at the General Meeting that is legally required. Based on the foregoing, the Board has decided to withdraw the proposal.
Telia Transfers its Minicall Business
STOCKHOLM, Sweden, April 25, 2002 (PRIMEZONE) -- Telia Mobile in Sweden has signed an agreement with Generic Mobile Systems AB to transfer its Minicall paging service. Generic will continue to run the service as from 25 April 2002. The transfer is a part of streamlining the Swedish operations of Telia Mobile.
Pricer Receives an Order from Metro at a Value of at Least 1.4 MUSD
UPPSALA, Sweden, April 25, 2002 (PRIMEZONE) -- Pricer has received an order from the leading German retail chain Metro, Pricer's largest customer. Starting in 1996, Metro has installed Pricer's ESL system (Electronic Shelf Label) in 53 Cash & Carry stores in Germany, and has implemented a totally integrated ESL system.