latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Launches New First Responder Command and Control System
HERNDON, Va., Aug. 18, 2003 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has released a new first responder command and control software for law enforcement, fire, emergency medical agencies and other incident management activities. CommandPoint(TM) is the latest application suite released by Northrop Grumman Information Technology's (IT) public safety business, designed and developed to enhance the readiness, response and recovery operations of any public safety agency.
Quest Software Charged With Securities Fraud, Says The Pomerantz Firm -- QSFT
NEW YORK, August 18, 2003 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) 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"). The case was filed in the United States District Court for the Central District of California.
Wihlborgs launches share buy-back
STOCKHOLM, Sweden, Aug. 18, 2003 (PRIMEZONE) -- Wihlborgs Fastigheter AB (publ) has started the share buy-back program approved by the annual general meeting on 2 April 2003. 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. Wihlborgs' acqusitions of its own shares is designed to improve the capital structure and thereby increase the company's return on shareholders' equity and its earnings per share.
International Broadcasting Corporation
IBC Radio Network Announces New Sponsor for `Stock Talk LIVE' Radio Show: Genius Products, Inc.
SANTA MARIA, Calif., Aug. 18, 2003 (PRIMEZONE) -- IBC Radio Network, a division of International Broadcasting Corporation (OTCBB:IBCS), announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." Genius Products, Inc. (OTCBB:GNPI) is the latest sponsor for the show. "Stock Talk LIVE" (http://www.IBCradio.com) is a fully interactive business radio talk show focused exclusively on micro-cap stocks. The show is "on the air" each and every stock market day from 9 AM to 4 PM EST. Interactivity, interesting guests, and significant short-term trading opportunities are featured in each and every edition of "Stock Talk LIVE." Interviews, commercials, and news updates about Genius Products, Inc. will air on "Stock Talk LIVE." News releases from GNPI will also appear at the IBC News Network website (http://www.IBCNN.com).
Frontline: Refinance/OBOs in Dry Trade
HAMILTON, Bermuda, Aug. 18, 2003 (PRIMEZONE) -- Frontline (NYSE:FRO) has today entered into an agreement which includes a sale and lease back of two of the Company's VLCCs to German K/Gs promoted by Dr. Peters GmbH. The vessels, Front Tina and Front Commodore, both built in 2000 will be sold to the new owners for USD 75 million each. The vessels, which are expected to be delivered to the new owners during the next month, will after delivery be chartered back to Frontline for a period of 12.5 years.
Wall Street Audio Posts Management Interviews on Cantos
IRVINE, Calif. and LONDON, UK -- August 18, 2003 (PRIMEZONE) -- Wall Street Audio recently posted management interviews with LJ International (Nasdaq:JADE), Standard Management Corporation (Nasdaq:SMAN), Trump Hotels and Casino Resorts (NYSE:DJT) and International Absorbents (AMEX:IAX).
Penn's Landing Corporation
The 2003 African American Cultural Extravaganza at the Great Plaza at Penn's Landing, Part of the PECO Energy Multicultural Series
PHILADELPHIA, August 18, 2003 (PRIMEZONE) -- The rich traditions of Africa and the African Diaspora will be brought to the waterfront on Saturday, August 23 and Sunday, August 24 from noon to 8 p.m. at the African American Cultural Extravaganza presented by the African Cultural Center at the Great Plaza at Penn's Landing, Columbus Boulevard and Chestnut Street. PECO Energy sponsors this extravaganza as part of their multicultural series. This event will have entertainment throughout the day including: crafts, food, poetry, music and dancing. Independence Blue Cross is the presenting sponsor of the 2003 Summer Season at Penn's Landing.
Northrop Grumman Corp.
Northrop Grumman Team Wins Department of Defense Approval for Identification Credentialing Test
HERNDON and RESTON, Va., Aug. 18, 2003 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) and an industry team have received approval from the Department of Defense to test a prototype system for cross-credentialing, a system that recognizes and authenticates the identity of visitors to military and defense industry facilities. Northrop Grumman and its team members are administering this test with the Defense Department's Defense Manpower Data Center (DMDC).