latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman to Display Advanced Technologies at Asian Aerospace
LOS ANGELES, Jan. 28, 2002 (PRIMEZONE) -- Northrop Grumman Corporation
(NYSE:NOC) will demonstrate its advanced technology capabilities during Asian Aerospace 2002 in Singapore Feb. 26 - March 3 at the Changi Exhibition Center. The company's theme for the international aerospace exhibition is "Intelligence, Surveillance, Reconnaissance and Battle Management."
Teleca's Shareholding in AU-System Amounts to 95.8 Percent
STOCKHOLM, Sweden, Jan. 28, 2002 (PRIMEZONE) -- Teleca's public offer to the shareholders of AU-System has during the ordinary acceptance period been accepted to such extent that Teleca has become owner of shares representing 95.8 percent of shares in AU-System. After full warrant subscription, Teleca's holding amounts to 95.1 percent of the shares in AU-System.
Telenor Accepts Fine From Norwegian Authorities
OSLO, Norway, Jan. 28, 2002 (PRIMEZONE) -- Telenor (Nasdaq:TELN) has decided to accept a fine of NOK two million imposed by Okokrim - the Norwegian authority for economic and environmental crime - on December 13 last year, as well as the seizure of NOK eight million, following alleged violations of telecom legislation. Telenor continues to deny that it has committed any violations but has decided to accept the fine nonetheless.
SurgiCare Reports Record Fourth Quarter Surgical Procedures
HOUSTON, Jan. 28, 2002 (PRIMEZONE) -- SurgiCare, Inc. (AMEX:SRG), a Houston-based Ambulatory Surgical Center (ASC) company, reported today record surgical procedures for its fourth quarter and fiscal year ended December 31, 2001. The company completed 8,603 procedures for its fiscal year, a 51.04% increase versus a similar period last year, and 2,184 surgical procedures for the fourth quarter, a 10.03% increase when compared with the same period last year. The procedures were performed at its San Jacinto, Bellaire and Memorial Village locations. The company owns a 60% interest in Memorial Village and a 10% interest in San Jacinto.
Scania Sells Shareholding in Svenska Volkswagen
STOCKHOLM, Sweden, Jan. 28, 2002 (PRIMEZONE) -- Effective from January 1, 2002, Scania (NYSE:SCVA) (NYSE:SCVb) sold its 50% shareholding in Svenska Volkswagen AB to Volkswagen AG of Germany. Established in 1948, Svenska Volkswagen is the importer of Volkswagen, Audi, Seat and Skoda, as well as Porsche, cars in Sweden. Its market share 2001 was 18.7%.
Citadon Introduces Next Generation Product: Citadon CW
HOUSTON, Jan. 28, 2002 (PRIMEZONE) -- Citadon, Inc., the leading provider of online software solutions for collaboration on the design, construction and operation of large, complex capital projects, announced at the daratechPlant2002 conference today, the introduction of their next generation product, Citadon CW(tm). Designed specifically to meet the needs of enterprises with capital works programs that involve complex engineering and construction projects, Citadon CW builds upon Citadon's five years of experience in delivering online project collaboration solutions.
Gyros AB Headquarters Double in Size as Market Interest Grows
UPPSALA SCIENCE PARK, Sweden, Jan. 28, 2002 (PRIMEZONE) -- Gyros AB announced the completion of purpose-built laboratories for production, application development and demonstrations. The new wing more than doubles the size of the Company's headquarters in Uppsala Science Park, Sweden