latest news releases from the newsroom
Sydkraft chooses WM-data as partner for SAP Competence Center
STOCKHOLM, Sweden, Sept. 23, 2003 (PRIMEZONE) -- WM-data (Pink Sheets:WMDTF) is investing in the establishment of a SAP Competence Center in Malmo that will offer users of the SAP business system cost-efficient and total-package support and management services. At the same time, WM- data has signed an agreement with Sydkraft to incorporate Sydkraft's existing SAP Support Center into the new structure at WM-data. The Sydkraft Group, which is in the final stages of an extensive SAP installation project, has decided to outsource the help-desk and support functions to an external contractor. WM-data has been assigned principal responsibility for the contract, which is initially worth approximately SEK 125 M during a five-year period.
Murray, Frank & Sailer LLP
Rabin, Murray & Frank LLP Commences Class Action Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of the Securities of The Strong Funds Family of Funds
NEW YORK, Sept. 22, 2003 (PRIMEZONE) -- A class action lawsuit has been filed in United States District Court for the Southern District of New York, case number 03-CV-7438, on behalf of all persons or entities who purchased or otherwise acquired Strong Funds family of funds (the "Funds") owned and operated by Strong Financial Corporation, and its subsidiaries and affiliates, between October 1, 1998 and July 3, 2003, inclusive, (the "Class Period"). The complaint names Strong Financial Corporation, Strong Capital Management, Inc., and each of the Funds' registrants and issuers, Edward J. Stern, Canary Capital Partners, LLC, Canary Investment Management, LLC, Canary Capital Partners, Ltd, each of the Funds, and John Does 1-100.
Olav Fjell Resigns as Chief Executive of Statoil ASA
OSLO, Norway, Sept. 22, 2003 (PRIMEZONE) -- The board of directors of Statoil (OSE:STL) (NYSE:STO) and Olav Fjell have agreed at a board meeting on 22 September that Mr. Fjell will resign as chief executive in order to normalise the group's position, both in-house and externally. It is important that a calmer atmosphere be established as quickly as possible in relation to the group, so that Statoil's development can continue.
Pomerantz Haudek Block Grossman & Gross LLP: Quest Shareholders Have 7 More Days to Seek Appointment as Lead Plaintiff -- QSFT
NEW YORK, Sept. 22, 2003 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com), which has filed a class action lawsuit against Quest Software, Inc.("Quest" or the "Company") (Nasdaq:QSFT) and five of the Company's senior officers and directors on behalf of investors who purchased the common stock of Quest during the period between April 30, 2002 and July 23, 2003, inclusive (the "Class Period"), announces that shareholders have seven (7) more days (until Monday, September 29, 2003) to seek appointment by the Court as one of the lead plaintiffs in this action.
Romacorp, Inc. Announces an Exchange Offer for all of the Company's Outstanding 12% Senior Notes Due July 1, 2006
DALLAS, Texas, Sept. 22, 2003 (PRIMEZONE) -- Romacorp, Inc. today announced that it has made an offer to exchange cash or new senior notes for up to all of its $55,000,000 in outstanding 12% Senior Notes due July 1, 2006. Subject to certain conditions, holders tendering 12% Senior Notes in the exchange offer may elect to receive either (a) cash in an aggregate amount of $650 for each $1,000 principal amount of 12% Senior Notes tendered, (b) Romacorp's newly issued 10.5% Senior Notes due December 31, 2008 in an aggregate principal amount of (i) $1,000 for each $1,000 principal amount of 12% Senior Notes tendered plus (ii) all accrued and unpaid interest (including interest on unpaid interest) on the senior notes tendered as of the date the exchange offer closes, or (c) (A) Romacorp's newly issued 6.5% Senior Notes due December 31, 2008 in an aggregate principal amount of (i) $461.50 for each $1,000 principal amount of 12% Senior Notes tendered plus (ii) 46.15% of all accrued and unpaid interest (including interest on unpaid interest) on the senior notes tendered as of the date the exchange offer closes, and (B) Romacorp's newly issued 13.2% Senior Notes due December 31, 2008 in an aggregate principal amount of (i) $538.50 for each $1,000 principal amount of 12% Senior Notes tendered plus (ii) 53.85% of all accrued and unpaid interest (including interest on unpaid interest) on the senior notes tendered as of the date the exchange offer closes. Romacorp is also soliciting consents with respect to a mutual release and certain amendments to the indenture governing the 12% Senior Notes. It is a condition to the exchange offer that holders of at least 90% of the aggregate principal amount of outstanding 12% Senior Notes shall tender their notes in the exchange offer.
Celebrate Carnival in Rio De Janeiro With Go-Today.com
BOTHELL, Wash., Sept. 22, 2003 (PRIMEZONE) -- Experience Carnival in Rio de Janeiro, a city of endless charms; the charm of its beaches and tropical sea; the charm of its islands and emerald mountains; the charm of its beautiful people, golden year-round under the sun. This is Rio: an exciting informal city often described as being easy to love. Be here this year for the biggest celebration on the planet during this special time.