latest news releases from the newsroom
Arete Industries, Inc.
Arete Industries Signs Letter of Intent to Purchase an Interest in Tri-State Transfer Industries, LLC
NIWOT, Colo., March 4, 2003 (PRIMEZONE) -- Arete Industries, Inc. (OTCBB:ARET), a publicly traded business development company, announced today that it signed a non-binding letter of intent to purchase a 5% non-managing membership interest in Tri-State Transfer Industries, LLC, of Stratford, Connecticut. Tri-State is a development stage company in the business of owning and operating municipal solid waste ("MSW") transfer facilities and bulky waste construction and demolition ("C&D") recycling facilities, in the eastern United States. It is presently involved in developing its first such facility in Grosvenor-Dale, Connecticut, to serve communities in Connecticut, Massachusetts and Rhode Island.
Reality Wireless Networks Inc.
Reality Networks Announces Phase Two of its Deployment Strategy -- 'Reality in a Box'
CAMPBELL, Calif., March 4, 2003 (PRIMEZONE) -- Reality Networks (OTCBB:RWNT), a fixed wireless services provider, made public today its plans to begin phase two of its network deployment schedule. The Company believes that the demand and adoption for wireless broadband on the 80211 standards (fixed wireless broadband) continues to exceed industry analysts growth projections. The Company originally deployed its test networks in communities in California's storied Silicon Valley where access to broadband services was either expensive, unavailable, or both. Through the use of its proprietary network deployment model, "Reality in a Box," the company has targeted 10 communities with similar demographics as its beta communities and intends to provide its fixed wireless services to businesses and households in these communities. "The challenge was not only to address the needs of our targeted broadband Internet customers, but to provide these services at a premium quality, true broadband level through a viable business model. We have done that," said CEO Dennis Spina.
Telelogic Signs Long-term License Agreement with GCHQ
MALMO, Sweden, March 4, 2003 (PRIMEZONE) -- Telelogic (Stockholm:TLOG) (Other OTC:TGIAF), the leading global provider of solutions for advanced software and systems development, today announced that it has signed a license agreement with GCHQ (Government Communications Headquarters), the U.K. Government's intelligence and security organization. GCHQ is a large Civil Service Department that reports to the Foreign Secretary and works closely with the U.K.'s intelligence agencies and serves a wide range of other Government Departments. Over the last 2 years it has embarked on a large-scale business improvement initiative to formulate a standard requirements management process to support and improve its core business activities. The agreement worth EUR1.1 million over a six-year period will give 600 systems and software engineers access to DOORS(R) and DocExpress(R) for requirements management and documentation generation across all its main programs.
Carmina Technologies Launches PestAssur Solution for Pest Management Industry
CALGARY, Alberta, Canada, March 4, 2003 (PRIMEZONE) -- Carmina Technologies Inc. (OTCBB:CARL) has launched PestAssur(tm), a performance monitoring solution for the pest management industry. PestAssur(tm) is the first in a family of monitoring solutions that brings an easy-to-use, established technology to industries and processes that still rely largely on manual data collection and management.
SelectQuote Advises Consumers: 10 Things Everyone Should Know About Life Insurance
SAN FRANCISCO, March 4, 2003 (PRIMEZONE) -- Life insurance is something most people would rather not think about. They often don't know how much they need, and there are so many different types and companies to choose from. To address these concerns, SelectQuote(tm) Insurance Services, the nation's largest independent term life insurance sales agency, offers some basic information about life insurance in today's market.
MTG Launches New Radio Station in Lithuania
STOCKHOLM, Sweden, Mar. 4, 2003 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY) (Other OTC:MTGNF), the international media group, today announced that it is to launch the successful Power Hit Radio brand in Lithuania. MTG was awarded a radio license in Lithuania last year against strong local and international competition and intends to repeat the success of Power Hit Radio in Sweden and Estonia's capital cities. The station is focused on attracting a fresh new audience of young listeners, with a strong mix of European hit music featuring major international dance and soul artists.
Modern Times Group MTG AB: Viasat Acquires Exclusive Coverage of Formula 1 Motor Racing
STOCKHOLM, Sweden, Mar. 4, 2003 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY) (Other OTC:MTGNF), the international media group, today announced that Viasat Broadcasting has signed an agreement with Bernie Ecclestone's Formula 1 Management to acquire exclusive rights to broadcast coverage of the 16 Grand Prix that make up the 2003 Formula 1 Motor Racing World Championship. Each race will be broadcast live in Denmark on the Viasat 3+ channel. In addition, live coverage of the Friday and Saturday qualifying sessions will also be aired on 'Viasat Sport' in Denmark.