latest news releases from the newsroom
ImageWare Systems Inc.
ImageWare Systems to Report Fourth Quarter and Annual Results Thursday, March 28, 2002
SAN DIEGO, March 26, 2002 (PRIMEZONE) -- ImageWare Systems, Inc. (AMEX:IW) said it will release financial results for the fourth quarter and year ended December 31, 2001 on March 28, 2002. The company also said that James Miller, chairman and chief executive officer, and Wayne Wetherell, senior vice president of administration and chief financial officer, will host a conference call that same day to review the financial results.
BioXell: New Immunology Company Launched; Roche Spin-Out Raises Euro 22 Million from International Investors
MILAN, Italy, March 26, 2002 (PRIMEZONE) -- BioXell SpA announced its official launch today at a press conference in Milan. The firm combines extensive industry experience with a competitive edge in immunology and aims to become a leading research and development biopharmaceutical company in the field. BioXell is off to a fast start with two strong technology platforms and products entering clinical trials. The company has closed its first round of financing, totalling Euro 22 million through a consortium of three top tier venture capital firms; MPM Capital, Index Ventures and Life Sciences Partners.
United States Court of Appeals for the Federal Circuit Confirms Biacore U.S. Patent Position
UPPSALA, Sweden, March 26, 2002 (PRIMEZONE) -- Biacore International AB (Biacore) (SSE:BCOR) (Nasdaq:BCOR) today announced that the United States Court of Appeals for the Federal Circuit, the centralized appellate Court for patent appeals in the United States, has affirmed the judgement that was appealed in April, 2001. Under the original judgement that was made on April 23, 2001, the U.S. District Court for the District of Delaware granted a permanent injunction preventing Thermo BioAnalysis Corp. (Thermo) from infringing Biacore's patent (U.S. patent no. 5,436,161). Furthermore, the Court awarded damages in favor of Biacore AB and Biacore Inc. to be calculated based upon a royalty rate of 40% of the sales price of each IAsys biosensor sold by Thermo since July 25, 1995, plus interest.
Crowned Heads of Distinction Awards to be Presented to Sonia Sanchez, Ione Nash and Barbara Smith at `The Tenderheaded Diaries,' March 30th
PHILADELPHIA, March 26, 2002 (PRIMEZONE) -- In connection with its three Women's History Month performances, the producers of the hair drama "The Tenderheaded Diaries" will pay tribute to three women who have distinguished themselves for their inner and outer beauty, and for their invaluable contributions to the community: poet, Sonia Sanchez; cultural icon, Ione Nash; and leader, Barbara Smith. The awards will be presented at the Saturday, March 30, 2002, 8 p.m. performance of the "Diaries" at the Painted Bride Arts Center in Philadelphia.
Koala Announces Letter of Intent to Acquire Esemde, Inc.
TORONTO, March 26, 2002 (PRIMEZONE) -- Koala International Wireless, Inc. (OTCBB:KIWI), a leader in the development of web-based, wireless network applications, announced today that it has entered into a letter of intent to acquire 100% of the shares of Esemde, Inc., of Boca Raton, Florida, in exchange for common stock issued by Koala. The transaction is subject to a number of terms and conditions including the completion of mutual due diligence and approval by a majority of each company's shareholders.
Subscription Rate Increased for Telia ADSL Broadband
STOCKHOLM, Sweden, March 26, 2002 (PRIMEZONE) -- Telia is raising the monthly subscription rate for its Telia ADSL Broadband service for private subscribers from SEK 325 to SEK 375. "Telia e-bolaget must improve its profitability in order to manage its continuing expansion and development," said Karin Moberg, President of Telia e-bolaget AB.
InnovationsKapital Invests in Software Company Corus Technologies AB
STOCKHOLM, Sweden, March 26, 2002 (PRIMEZONE) -- Corus Technologies is the leading company in the Nordic region in advanced IT integration. Corus offers products and services for turnkey integration projects. InnovationsKapital invested SEK 20 million in new capital via its third fund, InnKap 3 Partners. InnovationsKapital will thus become one of the three major investors of the company. Other shareholders are IT Provider, Woodbridge, Amymone, the founders and employees.