latest news releases from the newsroom
Hydro Publishes Information Memorandum
OSLO, Norway, March 21, 2007 (PRIME NEWSWIRE) -- Norsk Hydro ASA has prepared an information memorandum in connection with the proposed demerger of Hydro, and the merger of the demerged petroleum activities with Statoil ASA. The document is a description of Hydro going forward ("Hydro after Demerger"), based on Hydro's Annual Report 2006. In addition, the memorandum contains combined income statements and balance sheets for Hydro ("Hydro after Demerger") and carve-out combined income statements and balance sheets for the demerged activities ("Hydro Petroleum").
INFINITE Software Corporation
California Software Changes Name to INFINITE Software
LAGUNA NIGUEL, Calif., March 20, 2007 (PRIME NEWSWIRE) -- California Software Corporation (Pink Sheets:CSWX), a leader in Legacy Extension, Business Intelligence and loan production software for banks, credit unions and consumer lending institutions and developer of the award-winning INFINITE and LPS product lines, announced today that it will change its name to INFINITE Software effective today.
Scott+Scott, LLP Files Class Action Lawsuit Against Wireless Facilities, Inc. On Behalf of Investors -- WFII
COLCHESTER, Conn., March 20, 2007 (PRIME NEWSWIRE) -- On March 15, 2007, Scott+Scott, LLP, filed a class action against Wireless Facilities, Inc. ("Wireless Facilities" or the "Company") (Nasdaq:WFII) and certain officers and directors in the U.S. District Court for the Southern District of California. The action is on behalf of Wireless Facilities common stock purchasers during the period March 29, 2001 to March 12, 2007 inclusive (the "Class Period"), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's business and operations and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.