latest news releases from the newsroom
Cardio Control NV
Cardio Control Q3: Sales Doubled, Record Earnings Expected for 2002
DELFT, The Netherlands, Oct. 15, 2002 (PRIMEZONE) -- Cardio Control NV has doubled its sales in the 3rd quarter compared with the same quarter last year. Sales amounted to EUR 2,4 mln compared to EUR 1,2 mln last year. For the first 9 months, sales rose to EUR 6,1 mln. The gross profit in the 3rd quarter was EUR 118.000 (2001: EUR 340.000 negative). For 2002, an increase in sales of approximately 50% is expected, resulting in annual sales of about EUR 10 mln. In this case Cardio Control expects to realize the highest net profit in its 20-year history.
AdZone Research, Inc.
AdZone Research and Spartan Group Holdings Sign Letter of Intent for Spartan to Provide Up to a Minimum $2 Million in Funding
CALVERTON, N.Y., Oct. 15, 2002 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology solutions provider, today announced that it has signed a letter of intent with Spartan Group Holdings, Inc., a private investment banking firm, for financing of up to a minimum of $2 million.
Award-Winning DVD+R Recording Solution $100 Less From Alera Technologies
VAN NUYS, Calif., Oct. 15, 2002 (PRIMEZONE) -- Alera Technologies, developer and manufacturer of Advanced Optical Recording Solutions, proudly announces a $100 decrease in the Estimated Street Price (ESP) on its Award-Winning DVD+R Cruiser(tm) DVD Recorder Solution. Alera Technologies has won two in a row Editor's Choice distinctions for its DVD Recording solutions this year. The DVD+R Cruiser is an external DVD Recorder with USB 2.0 A-Connect(tm) supporting optional IEEE 1394 FireWire or Cardbus/PCMCIA connections and includes a software suite valued at more than $745 (A Complete Ulead Video Suite, Ahead Nero, and Cyberlink PowerDVD).
E-Rex, Inc. Enters into Financing Agreement for Up to $500,000
MIAMI, Oct. 15, 2002 (PRIMEZONE) -- E-Rex, Inc. (OTCBB:EREX) today announced that it has entered into a financing agreement with an unrelated third-party investment group to provide up to $500,000 in funding over an approximately one year period. Under the terms of the agreement, the investment group will purchase common stock from the Company at pre-determined prices based on the stock price and trading volume at the time of each funding traunch. Funding will begin after the Company files and the SEC approves a Form S-3 registration statement, which is expected to be filed within the next 14 days.
Newport to Report Third Quarter Results on October 22
IRVINE, Calif., Oct. 15, 2002 (PRIMEZONE) -- Newport Corporation (Nasdaq:NEWP) said that on Tuesday, October 22, 2002, the company will release results for its third quarter ended September 30, 2002. The company also said that Chairman and Chief Executive Officer Robert G. Deuster and Chief Financial Officer Charles F. Cargile will host an investor conference call that same day at 5:00 p.m. Eastern time, to review the company's financial results and business outlook.
New Senior Executives at Finnveden
VARNAMO, Sweden, Oct. 15, 2002 (PRIMEZONE) -- Nils-Ove Andersson has been employed by Finnveden AB (Stockholm:FVEDb) and will assume the post of Chief Financial Officer on January 1, 2003, at which time the current CFO, Borje Fransson will vacate this position having reached the agreed retirement age. For several years, Nils-Ove held the corresponding position within the Celsius Group and he comes to Finnveden from Adera, where he was Executive Vice President and CFO.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Morning Stock Focus List for Tuesday, October 15, 2002: YHOO, TXU, NT, AEP, FCX
WESTON, Fla., Oct. 15, 2002 (PRIMEZONE) -- TheSUBWAY.com announces the following Investment Opinions:
Neoware Introduces New Software with Support for IBM NetVista Thin Clients, Ships Genuine IBM 3270/5250 Emulator, Broadening Thin Client Capability
KING OF PRUSSIA, Pa., Oct. 15, 2002 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of software, services, and solutions for the Appliance Computing market, today announced that it has expanded its software-focused product line with the release of NeoLinux Version 2.4. This release provides support for IBM NetVista N2200 and N2800 customers, allowing them to run the same software on both their NetVista thin clients and Neoware thin client appliances. NeoLinux updates are also available for Neoware's Eon products running NeoLinux. In addition, Neoware is making available to IBM and all Neoware NeoLinux customers the genuine IBM 3270/5250 emulators that were licensed as part of the Neoware-IBM alliance announced in January 2002.