latest news releases from the newsroom
Petroleum Geo-Services ASA
PGS Announces Agreement for Proposed Financial Restructuring
OLSO, Norway, June 18, 2003 (PRIMEZONE) -- Petroleum Geo-Services ASA ("PGS" or the "Company") (OSE:PGS) (Pink Sheets:PGOGY) announced today that it has achieved agreement in principle on the terms for a proposed financial restructuring (the "Restructuring") with a majority of both its banks and bondholders and a substantial group of its largest shareholders. The parties to the agreement in principle have signed binding agreements to support the Restructuring on the proposed terms, subject to conclusion of definitive agreements and documentation and the satisfaction of certain specified conditions. A summary of this agreement follows:
Spector Roseman Kodroff & Willis, P.C.
Spector, Roseman & Kodroff, P.C. Announces Class Action Lawsuit Against CornerStone Propane Partners, L.P. -- CNPP
PHILADELPHIA, June 18, 2003 (PRIMEZONE) -- The law firm of Spector, Roseman & Kodroff, P.C. announces that it filed a securities class action lawsuit in the United States District Court for the Northern District of California, on behalf of purchasers of the common stock of CornerStone Propane Partners, L.P. ("CornerStone" or the "Company") (Pink Sheets:CNPP) between November 2,1999 through February 11, 2003, inclusive (the "Class Period").
Global Assets & Services, Inc
Global Assets & Services, Inc.: National Sales and Marketing Teams Established for C4 Encryption Software
TAMPA, Fla., June 18, 2003 (PRIMEZONE) -- Global Assets & Services, Inc. (OTCBB:GAST), announces today that Cybrix Solutions, LLC and Encode Software Corporation have agreed to provide national sales and marketing teams dedicated exclusively to the C4 software products. Cybrix Solutions, LLC and Encode Software Corporation will work closely with Global's teaming partner Cybrix Group, Inc at www.Cybrixgroup.com to establish the channels devoted solely to marketing the C4 software.
Chitwood & Harley
Chitwood & Harley LLP Files Securities Class Action Lawsuit Against Guidant Corp. and Certain Officers And Directors On Behalf Of Purchasers Of Guidant Securities Between June 23, 1999 And June 12, 2003 -- GDT
ATLANTA, June 18, 2003 (PRIMEZONE) -- Chitwood & Harley, LLP announces that it has filed a class action lawsuit, civil action number 01:03-cv-0892, in the United States District Court for the Southern District of Indiana, on behalf of the purchasers of securities of Guidant Corporation, ("Guidant" or the "Company"), (NYSE:GDT), between June 23, 1999, and June 12, 2003, inclusive (the "Class Period"). The suit is brought against Guidant Corp., Keith E. Brauer, Ronald W. Dollens, A. Jay Graf, Mark C. Bartell, Beverly A. Huss, and Jay Watkins. If you have questions concerning this matter or your rights, please click on Guidant on our website, www.classlaw.com where a complaint is available, or email or call Jennifer Morris at firstname.lastname@example.org or 1-888-873-3999 ext 6883.