latest news releases from the newsroom
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against 800 America.com, Inc. -- ACCO
BALA CYNWYD, Pa., Dec. 13, 2002 (PRIMEZONE) -- Law offices of Brodsky & Smith, L.L.C. today announces that a securities class action lawsuit has been commenced on behalf of shareholders who acquired 800 America.com, Inc. (PinkSheets:ACCO) securities between January 17, 2001 and November 13, 2002, inclusive (the Class Period).
PIMCO Commercial Mortgage Securities
PIMCO Strategic Global Government Fund, Inc. Declares Monthly and Special Dividends
NEWPORT BEACH, Calif., Dec. 13, 2002 (PRIMEZONE) -- PIMCO Strategic Global Government Fund, Inc. (NYSE:RCS), a closed-end, intermediate-term bond fund whose primary objective is to generate a level of income higher than that generated by high quality, intermediate-term U.S. debt securities, today declared dividends totaling 19.8 cents per share. This amount represents a regular monthly dividend of 7.4 cents per share of ordinary income, plus a special dividend in the amount of 12.4 cents per share. The Fund's special dividend represents ordinary taxable income that has accumulated over the calendar year in excess of the Fund's regular monthly distributions.
PIMCO Commercial Mortgage Securities
PIMCO Commercial Mortgage Securities Trust, Inc. Declares Monthly and Special Dividends
NEWPORT BEACH, Calif., Dec. 13, 2002 (PRIMEZONE) -- PIMCO Commercial Mortgage Securities Trust, Inc. (NYSE:PCM), a closed-end investment company investing primarily in commercial mortgage-backed securities, today declared dividends totaling 37.575 cents per share. This amount represents a regular monthly dividend of 9.375 cents per share of ordinary income, plus a special dividend in the amount of 28.2 cents per share. The Fund may declare annually a special dividend from ordinary income (if any) that has accumulated over the year in excess of the Fund's regular monthly distributions.
uniView Technologies Corporation
uniView Technologies to Wind Down Remaining Operations
DALLAS, Dec. 13, 2002 (PRIMEZONE) -- uniView Technologies Corporation (OTCBB:UVEW) today announced that it plans to wind down its remaining operations, consisting of its uniView Softgen and its Products Group divisions. The company previously reported that it would wind down its Network America operations. The company has received resignations from its outside directors and general counsel. The company has also laid off all employees and officers. Some former employees may act in a consulting role to facilitate an orderly process, as well as the CEO who will be the sole director.
Edgetech Services Inc.
EdgeTech Services, Inc. Revenue Continues to Grow
TORONTO, Dec. 13, 2002 (PRIMEZONE) -- EdgeTech Services, Inc. (OTCBB:EDGH) is pleased to announce that revenue continues to grow during 2002 compared to the year earlier period. In the six months ending Oct. 31, 2002, Edgetech reports revenue of $656,830, an increase of 27% from the $515,557 during the same period in 2001.
Seeger Weiss LLP
Seeger Weiss LLP and Grady & Associates LPA Announce Class Action Against Merrill Lynch & Co., Inc.
NEW YORK, Dec. 13, 2002 (PRIMEZONE) -- Pursuant to 15 U.S.C. 78u-4(a)(3)(A)(i), Seeger Weiss LLP hereby gives notice that on November 27, 2002, a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of all customers of Merrill Lynch, Inc. ("Merrill Lynch") who purchased shares of the common stock of Rhythms NetConnections ("Rhythms") during the period April 7, 1999, through November 14, 2002, inclusive (the "Class Period").
Crew Gold Corporation
Nalunaq Gold Mine A/S Incorporated
VANCOUVER, British Columbia, Dec. 13, 2002 (PRIMEZONE) -- Crew Development Corporation (TSE:CRU) (OSLO:CRU) (Frankfurt:KNC) (Other
OTC:CRWVF) is pleased to announce that Nalunaq Gold Mine has been formally incorporated and commenced the final preparations towards the start of production in 2003. Mr. Finn Mortensen was appointed the managing director of Nalunaq Gold Mine A/S, while the Board of Directors include Messrs. Ole Christiansen, Vagn Andersen, Jon S. Petersen, Jan Vestrum and Wolf Seidler (Chairman).
Delisting of the Electrolux Share in Paris and Zurich
STOCKHOLM, Sweden, Dec. 13, 2002 (PRIMEZONE) -- The Board has decided that Electrolux (Nasdaq:ELUX) (LSE:ELXB) shares will be de-listed from the stock exchanges in Paris and Zurich in the light of the low trading volume on these exchanges, and the general trend to globalization of equity markets. The de-listing will be implemented as soon as possible.