latest news releases from the newsroom
Frontec Signs Integration Services Agreement with Statoil
STOCKHOLM, Sweden, Jan. 21, 2002 (PRIMEZONE) -- Frontec has signed a two-year agreement with Norwegian energy producer Statoil (NYSE:STO) on integration solutions for Statoil's Scandinavian operations. As part of the agreement, Frontec will develop integrated payment flows for Statoil and its customers. The agreement is initially worth approximately SEK 3 million.
The Downtown Wilkes-Barre Touchdown Club
Chuck Moore Wins 2001 Melberger Award
WILKES-BARRE, Pa., Jan. 19, 2002 (PRIMEZONE) -- The Downtown Wilkes-Barre Touchdown Club presented the 2001 Melberger Award today to Chuck Moore of Mount Union College (OH) as the NCAA Division III Player of the Year. The trophy was presented before a crowd of more than 325 at the Club's ninth annual national awards banquet held in Wilkes-Barre, Pa.
Bexil Corporation Acquires 50 Percent of York Insurance Services Group
NEW YORK, Jan. 18, 2002 (PRIMEZONE) -- Bexil Corporation (AMEX:BXL) and the management of York Claims Service, Inc. announced today the acquisition of York from American International Group, Inc. (NYSE:AIG). The acquisition was made through newly formed York Insurance Services Group, Inc., owned half by Bexil and half by York management. Terms of the transaction were not disclosed.