latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Offers Snaplock Miniature Power Connector Series
ISELIN, N.J., Feb. 27, 2002 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) today introduced Snaplock, a miniature power connector series that combines high-current capability with features aimed at ensuring the strictest levels of safety. The connector was developed by VEAM/TEC, a business unit of Northrop Grumman's Component Technologies sector.
Flint Telecom Group, Inc.
Semotus Solutions Announces the Launch of Equity Market Pro, a New, Real-time Wireless Product for the Financial Professional
SAN JOSE, Calif., Feb. 27, 2002 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), a leading provider of enterprise application software connecting employees to critical business systems, information and processes, today announced the launch of Equity Market Pro(tm) (EMPro), a robust application built for the institutional equity trader. Using the Global Market Pro financial platform, Semotus developed EMPro with the same superior levels of customization and is deploying EMPro using its new over-the-air-programming technology (OTAP). Equity Market Pro is designed for the secure delivery of real-time financial information and news anytime, anywhere.
Integra LifeSciences Holdings Corp.
Integra LifeSciences Reports Record Fourth Quarter and Full Year 2001 Earnings on a 'Fully Taxed' Basis
PLAINSBORO, N.J., Feb. 27, 2002 (PRIMEZONE) -- Integra LifeSciences Holdings Corporation (Nasdaq:IART) today reported record revenues and net income for the fourth quarter and full year 2001. Total revenues in the fourth quarter of 2001 increased $4.8 million, or 24%, over the fourth quarter of 2000 to $25.1 million. Revenue growth was led by a $5.0 million increase in product sales to $23.7 million, a 26% increase over the fourth quarter of 2000. Included in this increase is $1.0 million in sales of product lines acquired in 2001. Pro forma fully taxed earnings for the fourth quarter of 2001 were $3.8 million, or $0.12 per share, as compared to adjusted pro forma fully taxed net income of $1.0 million, or $0.03 per share, in the fourth quarter of 2000.
ForeningsSparbanken: Swedbank Acquiring an Additional 2.4 Per Cent of AS Hansapank
STOCKHOLM, Sweden, Feb. 27, 2002 (PRIMEZONE) -- Swedbank has reached an agreement to acquire 1,912,196 shares in AS Hansapank representing 2.4% of the total number of shares in the company. Swedbank's stake in AS Hansapank will thereby increase to 60.1%. The shares will be sold by EBRD who is disposing of 50% of its holding whereof 50% will be purchased by Swedbank and the remaining part by other investors. The price of the share is EUR 12.30.