latest news releases from the newsroom
USINOR: Final Results of the Exchange Offers
PARIS, April 3, 2002 (PRIMEZONE) -- Pursuant to the terms of a memorandum of understanding signed on February 19, 2001, the three companies ACERALIA, ARBED and USINOR (PSE:USI) decided upon a joint industrial plan, the internal organization of ARCELOR, and the principal terms of their combination through the launching by ARCELOR of three exchange offers for all the capital stock (excluding the ACERALIA 1997 Warrants) and voting rights of each of the companies.
Vitrolife AB (publ) Annual General Meeting: Elections, No Dividend
GOTEBORG, Sweden, April 03, 2002 (PRIMEZONE) -- At the Annual General Meeting today, the ordinary members of the Board of Directors, Per Batelson, Lars Hamberger, Peter Svalander and Patrik Tigerschiold were re-elected and Claes Glassell and Mark Dumenil were elected new ordinary members of the Board. Claes Glassell is President and COO of Cambrex Corporation in New Jersey, USA and Mark Dumenil is the CEO of CMA Microdialysis AB in Solna, Sweden. Neither Claes Glassell nor Mark Dumenil have any board assignments apart from in the companies in which they are employed. The previous ordinary member of the Board of Directors, Mathias Uhlen, had declined re-election.
Kaplan Fox & Kilsheimer LLP
Kaplan Fox Seeks to Recover Losses for Investors Who Purchased Measurement Specialties, Inc. Common Stock -- MSS
NEW YORK, April 3, 2002 (PRIMEZONE) -- Kaplan Fox (kaplanfox.com) has filed a class action against Measurement Specialties, Inc. ("Measurement Specialties or the Company") (AMEX:MSS) and certain of its officers and directors in the United States District Court for the District of New Jersey. The suit is brought on behalf of all persons or entities who purchased the common stock of Measurement Specialties between August 1, 2001 and February 14, 2002 (the "Class Period"), including all persons and entities who purchased or otherwise acquired Measurement Specialties' common stock pursuant, or traceable to, a public offering, which became effective on or about August 1, 2001 (the "Class").
MTG: New Reality-TV Format Sold to Russia and France
STOCKHOLM, Sweden, April 3, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that Strix Television has sold licenses for its latest successful reality TV format "Harem" in the Russian and the French market.
CYNET, Inc. Announces Internal Reorganization in Preparation of Launching New Marketing Campaign
HOUSTON, April 3, 2002 (PRIMEZONE) -- CYNET, Inc. (OTCBB:CYNE) (OTCBB:CYNEB), a leading provider of e-Messaging solutions, today announced that it has streamlined operations and reorganized its management team. Two executives have resigned to pursue other interests, Robert Demyanovich, President/COO and Greg Smith, CFO. The CYNET management team will be directed through the office of the CEO, with Vincent W. Beale, Sr. as Chairman/CEO.