latest news releases from the newsroom
Cordiant Communications Group PLC
Cordiant Communications Group plc (`Cordiant') -- Notifiable Holdings
LONDON, July 8, 2003 (PRIMEZONE) -- On July 8, 2003 Cordiant (NYSE:CDA) (LSE:CRI) received from lawyers acting for Mme N Ojjeh, a letter from Mme N Ojjeh dated July 5, 2003, stating that she had built a stake in the Company during the period from June 10, 2003 to July 4, 2003 of approximately 10.75%. The letter stated that Mme N Ojjeh's interest in Cordiant is held directly in her name, through members of her immediate family, and through an offshore entity controlled by her. Amongst other matters set out in the letter Mme N Ojjeh confirmed that she has not had any contact at this time with Active Value. The Company understands from this letter that Mme N Ojjeh will be making full disclosure of her interests and dealings in the Company.
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Occidental Petroleum Corp.
Occidental To Hold Earnings Conference Call
LOS ANGELES, July 8, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, July 22, 2003, following the release of its second-quarter 2003 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com.
Digital Wall Street Inc.
John Tate, Chief Operating Officer of Krispy Kreme Doughnuts, Discusses Company Milestones in Exclusive www.WallSt.net Interview
NEW YORK, July 8, 2003 (PRIMEZONE) -- A "65-year-old overnight success," Krispy Kreme Doughnuts is expanding its market, opening outlets across the Western Seaboard and internationally, Tate told www.wallst.net. Recently, the company purchased a distribution facility in California that is capable of facilitating 180 retail outlets, three times that of their old facility, which Tate said the company outgrew. "We're growing rapidly in the West," Tate said. "We're still in the early stage of growth, and we've upgraded to support that growth."
SightSpeed Unveils First Commercial Release of its Real-time Visual Communications Software Solution
BERKELEY, Calif., July 8, 2003 (PRIMEZONE) -- SightSpeed, Inc., a developer of truly real-time desktop videoconferencing software, released the first commercially available version of its next-generation visual communications solution today. SightSpeed's new videoconferencing software is the first product of its kind that enables users to talk either on the telephone or through the Web and simultaneously see one another on their computers, in perfect synchronization.