latest news releases from the newsroom
Converium Holding AG
Converium: Extraordinary General Meeting approves Capital Increase
ZUG, Switzerland, Sept. 28, 2004 (PRIMEZONE) -- At the Extraordinary General Meeting of Converium held in Zurich today, shareholders have approved the reduction of the nominal value from CHF 10 per share by CHF 5 to CHF 5 per share and the increase of the share capital by CHF 533,416,225 through the issuance of 106,683,245 fully paid registered shares with a nominal value of CHF 5 each at an issue price of CHF 5.00 per share.
Gardant Pharmaceuticals, Inc.
Bioaccelerate Portfolio Company Inncardio Inc. Enters into Licence and Co-development Agreement for INC 105 with the University of Strathclyde
NEW YORK, Sept. 28, 2004 (PRIMEZONE) -- Bioaccelerate Holdings, Inc. (OTCBB:BACL) a pharmaceutical development organization today announced that one of its portfolio companies, Inncardio Inc., a developer of products focused on cardiovascular drugs, has entered into an exclusive license and co-development agreements with the University of Strathclyde, Scotland. Under the terms of these agreements, Inncardio Inc. will benefit from certain exclusive commercial rights and the University of Strathclyde will receive a combination of research funding, development milestones and royalty payments. INC 105 is being co-developed by the University of Strathclyde and Inncardio Inc. for the prevention of restenosis in percutaneous transluminal balloon angioplasty and other percutaneous coronary interventions in particular arterial stenting. It is envisaged that INC 105 will be delivered from drug eluting stents using proprietary polymer technology.
Harsco Corporation Declares Regular Quarterly Cash Dividend
HARRISBURG, Pa., Sept. 28, 2004 (PRIMEZONE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) today declared a regular quarterly cash dividend of $0.275 per share, or $1.10 per share on an annualized basis. The dividend is payable November 15, 2004 to stockholders of record as of October 15, 2004.
AdZone Research, Inc.
AdZone Launches New Monitoring Program Providing Data on Top Latin America Online Advertisers
CALVERTON, N.Y., Sept. 28, 2004 (PRIMEZONE) -- AdZone Research (OTCBB:ADZR) today announced that it has launched a new monitoring program focused on providing information about top online advertisers in Latin America. The program's debut comes two weeks after the company announced a $2.5 million sales agreement to provide accurate, instant Internet advertising data through its partners, Senticore (OTCBB:SNIO) and the Justice Fund to Latin America and Asia.
iBX Group, Inc.
iBX Weathers Hurricanes Without Interruption Of Services
DEERFIELD BEACH, Fla., Sept. 28, 2004 (PRIMEZONE) -- Despite the widespread destruction and loss of power due to Hurricanes Frances and Jeanne in our area, iBX Group, Inc. (OTCBB:IBXG) is pleased to report that there was no interruption in service to clients and no appreciable damage to any of its facilities for the full duration of these weather events.