latest news releases from the newsroom
Tele2: Interim Report January-June 2005
STOCKHOLM, Sweden, July 26, 2005 (PRIMEZONE) -- Tele2 AB ("Tele2", "the Group") (Stockholmsborsen:TEL2A) and (Stockholmsborsen:TEL2B), Europe's leading alternative telecom operator, today announced its consolidated results for the second quarter ended June 30, 2005.
Avenue Group, Inc.
Avenue Group, Inc. Presents Update on Turkey Exploration Operations
NEW YORK, July 25, 2005 (PRIMEZONE) -- Avenue Group, Inc. (OTCBB:AVNU) announced today the results of its current drilling activities in Turkey and the status of its other exploration holdings in Turkey. As previously reported, the Karakilise Nr 2 (KK-2) well had spudded in November 2004 but had been suspended for mechanical reasons. The well recommenced drilling on June 8th 2005 with Aladdin Middle East Ltd. ("AME") as Operator. During the interim prior to recommencement, JKX Turkey Ltd, a subsidiary of London Stock Exchange listed exploration and production company JKX Oil & Gas (LSE:JKX) farmed into the Karakilise licenses. The participating percentages of each party became AME and affiliates 59.5%, JKX 30% and Avenue 10.5%. Avenue's interests in its other Turkish prospects were not affected.
Port of Houston Authority
PHA Commission Delivers Bayport, Capital Improvement, Transportation Matters
HOUSTON, July 25, 2005 (PRIMEZONE) -- The Port of Houston Authority (PHA) commission approved several recommendations involving contract awards, bids and proposals, professional services and general administrative and operational matters during its public meeting on Monday, July 25, 2005 at the PHA Executive Office Building. Chairman Jim Edmonds presided over the meeting with Vice Chairman Kase Lawal, Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Jimmy Burke, Commissioner Cheryl Thompson-Draper, and Commissioner Janiece Longoria.
Getac's MobileForce Rugged Notebook Shows Multiple `Sides' With New Removable, Swappable 1.8" HDD Feature
LAKE FOREST, Calif., July 25, 2005 (PRIMEZONE) -- Getac Inc., a leading pioneer in the rugged mobile computing industry, today announced that its W130 series of notebook computers, which can survive 4' drops on concrete, will be the first rugged laptop manufacturer to offer Toshiba's 1.8" Hard Disk Drive (HDD) for a lighter, less power-hungry rugged system. These 20-, 40-, and 60-GB HDDs are removable and interchangeable and are more rugged and reliable than 2.5" drive counterparts with similar storage capacity. The W130 is part of Getac's line of MobileForce computers: a line of portable notebooks built to handle rough, rugged environments and extreme climatic conditions, yet offering many of the features of retail notebooks.
CoSine Communications, Inc.
CoSine Communications Gives an Update on Strategic Initiatives, Announces Changes in its Board of Directors and Announces Preliminary Q2 2005 Financial Results
SAN JOSE, Calif., July 25, 2005 (PRIMEZONE) -- CoSine Communications, Inc. (Pink Sheets:COSN), a provider of customer support services for managed, network-based IP and broadband service providers, today announced that after an extensive review of strategic alternatives the board of directors has approved a plan to redeploy CoSine's existing resources to identify and acquire new business operations, while continuing to provide support to CoSine's existing customers and continuing to offer CoSine's intellectual property for license or sale. CoSine's redeployment strategy will involve the acquisition of one or more operating businesses with existing or prospective taxable earnings. This strategy may allow CoSine to realize future cash flow benefits from its net operating loss carry-forwards ("NOLs"). As of this date, no candidates for acquisition have been identified, and no assurance can be given that the Company will find suitable candidates and, if it does, that the Company will be able to utilize its existing NOLs.
TelePlus Enterprises, Inc.
TelePlus: Prepaid Telecom Division Increases its Earnings, Before Taxes and Depreciation, by 54 Percent in June Versus Previous Month
MONTREAL, July 25, 2005 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce today its subsidiary, TelePlus Connect Corp. ("TelePlus Connect"), which operates the Company's prepaid telecom division, announced that its earnings before taxes, amortization and depreciation increased by 54% reaching $74k for the month of June compared to $48k for the previous month.
SpaceTag Online Opens English Website: http://online.spacetag.jp
TOKYO, July 25, 2005 (PRIMEZONE) -- Owing to overwhelming popularity, resulting in over 80,000 downloads since the opening of Japanese- and Korean-language websites in February 2005, SpaceTag has added an English-language website where free download functions are provided for SpaceTag Server and other applications.