latest news releases from the newsroom
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against AstroPower, Inc. -- APWR
BALTIMORE, March 10, 2003 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of AstroPower, Inc. (Nasdaq:APWR) between February 22, 2002 and August 1, 2002, inclusive (the "Class Period").
Vitrolife announces issuance of patent for new cell cryopreservation technique
STOCKHOLM, Sweden, March 10, 2003 (PRIMEZONE) -- Vitrolife (Stockholm:VITR) inventors have been granted a U.S. Patent for a new cryopreservation technique for viable cells, called loop vitrification. Cells are stored in a glass-like state without undergoing crystallization. Besides resulting in significantly higher viability and recovery of biological specimens after storage at low temperature (-196 degrees C), the vitrification method is easy to perform and does not rely on the use of specialized equipment, such as freezing machines.
Possio Launches GPRS PC Card Based On Siemens' Mobile Technology
STOCKHOLM, Sweden, March 10, 2003 (PRIMEZONE) -- Siemens and Possio developed a totally remote laptop computer modem that supports the general packet radio service (GPRS). The card enables data communication in current and future high-speed global system for mobile communication (GSM) networks.
The Board of Directors of Gambro Resolves on a Stock Incentive Program for the Group
STOCKHOLM, Sweden, March 10, 2003 (PRIMEZONE) -- The Board of Directors of Gambro AB ("Gambro") (Other OTC:GAMBF) has resolved to introduce a Stock Incentive Program consisting of three parts; a stock option program, similar to the programs introduced in 1999-2002 which are described in the annual report of Gambro, and two new types of programs based on allotment of shares pursuant to an American model (a so-called restricted stock program and a so-called performance share program).
Vitrolife Reduction of the Share Premium Reserve
STOCKHOLM, Sweden, March 10, 2003 (PRIMEZONE) -- In order to facilitate future dividends to the shareholders, the Board of Directors has today decided to propose the ordinary general meeting May 14, 2003, to approve a reduction of the share premium reserve of SEK 291.6 million, of which SEK 35.3 million will be used to cover retained losses, and SEK 256.3 million will be transferred to the company's unrestricted equity. The company's unrestricted equity amounts to SEK - 35.3 million. The company's restricted equity amounts to SEK 482.6 million, constituting of SEK 18.4 million in share capital and SEK 464.2 million in share premium reserve. After the reduction, the company's equity will be made up as follows: Share capital of SEK 18.4 million, Share premium reserve of SEK 172.6 million and unrestricted equity of SEK 256.3 million. The transfer to unrestricted equity can not be executed without approval from the district court, which is expected during August, 2003.