latest news releases from the newsroom
Carrier1 International S.A.
Carrier1 International SA Announces Reduction of its Workforce by 35%
ZURICH, Switzerland, Oct. 3, 2001 (PRIMEZONE) -- Carrier1 (Neuer Market:CJN) (Nasdaq:CONE) a Pan-European provider of end-to-end Internet, voice, bandwidth, data center and access solutions, today announces that it has initiated a reduction of its workforce by approximately 35%. This will bring the staff population of the Company to approximately 200. The Company will continue to provide its full array of services and retain key salespeople in its present markets.
Sealed Air Corporation
Sealed Air Confirms Current Business Performance
SADDLE BROOK, N.J., Oct. 2, 2001 (PRIMEZONE) -- Sealed Air Corporation (NYSE:SEE), in anticipation of participation in upcoming investment community conferences, announced today that its business is returning to pre-September 11 order patterns following the tragedy three weeks ago.
Derek Resources Corporation
Steaming Begins at Derek's LAK Ranch Project
VANCOUVER, British Columbia, Oct. 2, 2001 (PRIMEZONE) -- Derek Resources Corporation (OTCBB:DRKRF) (CDNX:DRS) reports that steaming operations recommenced at the LAK Ranch SAGD Project on Oct. 1, 2001. The company is very pleased to see the project operational. The company will receive all proceeds from oil sales and hopes to achieve positive cash flow from operations in the near future. The company will issue regular updates on progress and oil production.
National Motorists Association: Alcohol-Related Deaths Increase
Waunakee, Wis., Oct. 2, 2001 (PRIMEZONE) -- The National Highway
Traffic Safety Administration (NHTSA) has released statistics that
show that alcohol-related fatalities have risen for the first time
in 20 years. These statistics highlight the fact that the war
against drunk driving is going in the wrong direction.
Basic Capital Management
American Realty, Transcontinental and Income Opportunity Name Horak as CFO
DALLAS, Oct. 2, 2001 (PRIMEZONE) -- American Realty Investors, Inc. (NYSE:ARL), Transcontinental Realty Investors, Inc. (NYSE:TCI) and Income Opportunity Realty Investors, Inc. (AMEX:IOT) announced Tuesday that the affiliated companies have named Brent Horak, 28, as chief financial officer and vice president. In addition, Horak is CFO of Basic Capital Management, Inc., the private real-estate investment firm that serves as advisor to ARI, TRI and IORI.
Neoware Systems Announces First Quarter Fiscal 2002 Conference Call
KING OF PRUSSIA, Pa., Oct. 2, 2001 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software and solutions for the emerging Appliance Computing market, announced today that it intends to release its fiscal year 2002 first quarter results before the open of the market on Thursday, October 18, 2001.