latest news releases from the newsroom
Metso to Supply an Online LWC Paper Line to Kruger, Canada
HELSINKI, Jan. 29, 2002 (PRIMEZONE) -- Metso Paper (NYSE:MX) supplies Kruger Wayagamack, Inc. of Quebec, Canada, with a large On-Line LWC papermaking line. The start up of the line at the Trois-Rivieres mill will be in late 2003 and its production is targeted at the domestic market. Total value of the project including the mill upgrade is approximately EUR 300 million.
PurchasePro Announces e-Source Contract Renewal
LAS VEGAS, Jan. 29, 2002 (PRIMEZONE) -- PurchasePro (Nasdaq:PPRO) today announced that one of the world's leading building materials and composites producers has renewed its software license for PurchasePro e-Source, the company's strategic sourcing solution. While terms of the agreement were not disclosed, PurchasePro said that a typical license agreement comprises a license fee and monthly maintenance and hosting fees.
Schiffrin Barroway Topaz & Kessler, LLP
Schiffrin & Barroway, LLP: Shareholder Files Class Action Against Van Wagoner Funds, Inc.; Van Wagoner Technology Fund; Van Wagoner Mid-Cap Growth Fund; Van Wagoner Post-Venture Fund; Van Wagoner Micro-Cap Growth Fund; Sunstone Financial Group, Inc.; Garrett R. Van Wagoner; Larry P. Arnold; Robert S. Colman; and Ernst and Young, LLP -- VWTKX, VWMDX, VWPVX, VWMCX
BALA CYNWYD, Pa., Jan. 29, 2002 (PRIMEZONE) -- A shareholder sued Van Wagoner Technology Fund (Nasdaq:VWTKX); Van Wagoner Mid-Cap Growth Fund (Nasdaq:VWMDX); Van Wagoner Post-Venture Fund (Nasdaq:VWPVX); and the Van Wagoner Micro-Cap Growth Fund (Nasdaq:VWMCX) (the "Funds") claiming that the funds misled investors about its business and financial condition, as alleged in a complaint filed by the law firm of Schiffrin & Barroway, LLP.
Airtrax: Assembly Agreement With TMF Inc.
HAMMONTON, N.J., Jan. 29, 2002 (PRIMEZONE) -- Airtrax Inc. (OTCBB:AITX) announced today that it entered into an agreement in principle with TMF Inc., Canada, to assemble the ATX-Series Omni Directional forklifts at TMF's plant in New Brunswick. TMF intends to fabricate and assemble the unique ATX-Series in a 132,000-square-foot facility.
Changed Date for Scania's Interim Report, January - March
STOCKHOLM, Sweden, Jan. 29, 2002 (PRIMEZONE) -- The date for the release of Scania's (NYSE:SCVa) (NYSE:SCVb) Interim Report for January - March 2002 has been changed. It will be published on April 22, 2002, instead of May 3, 2002. Please see the agenda below.
Saab Offers its Support to Australia's Future Defense Plan
STOCKHOLM, Sweden, Jan. 29, 2002 (PRIMEZONE) -- Saab has today responded to a Request for Information regarding Australia's strategic defense structure from 2010 and beyond. Saab is confident that the advanced Saab concept for future defense would be ideally for Australia.
Color Imaging, Inc.
Color Imaging Expands Digital Copier Division
ATLANTA, Jan. 29, 2002 (PRIMEZONE) -- Color Imaging, Inc. (OTCBB:CIMG), a leading manufacturer of high-quality laser printer and digital copier toners, has expanded its operations to increase its product offerings for the most popular digital copiers. The company is now offering highly competitive parts in addition to its existing toner products for Canon, Ricoh and Toshiba copiers.