latest news releases from the newsroom
Transcontinental Realty Investors, Inc.
Transcontinental Realty Fourth Quarter 2002 Net Income $.75 vs $.74 Net Loss in Fourth Quarter 2001; Twelve months 2002 Net Income of $.58 vs $2.28 Net Income in 2001
DALLAS, April 1, 2003 (PRIMEZONE) -- Transcontinental Realty Investors, Inc. (NYSE:TCI) Tuesday reported net income of $6.15 million, or $.75 per share, on revenue of $20.84 million, for the fourth quarter ended Dec. 31, 2002, compared to a net loss of $6.10 million, or ($.74) per share, on revenue of $23.63 million for fourth quarter 2001.
Viscount Systems Inc.
Viscount Systems Announces 2002 Year End Results
BURNABY, B.C., April 1, 2003 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) has announced December 2002 year end and fourth quarter financial results. Fourth quarter sales were CDN $898,000, an increase of 8% compared to 2001. Sales for the year were CDN $3,363,985 vs. CDN $3,238,518 for 2001, an increase of 3.9%. For 2002 the company lost CDN $907,371 after tax or CDN $(0.06) per share.
AdZone Research, Inc.
AdZone Research Files Form 8-K with SEC Announcing Signing of Memorandum of Agreement with Unit of Boeing Co.
CALVERTON, N.Y., April 1, 2003 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR) today filed a Form 8-K with the Securities & Exchange Commission in which it announced the signing of a Memorandum of Agreement with Boeing Autometric, a unit of Boeing Integrated Defense Systems. It said the objective of the agreement is to integrate AdZone's NetGet(tm) Internet monitoring technology with Boeing Autometric's range of products and services to better help identify clandestine communications posted on the World Wide Web on behalf of federal intelligence agencies. Because of security considerations, AdZone said it was unable to further discuss the scope or nature of activities related to today's announced agreement.
Hoganas AB Acquires Specialty Powder Company
HOGANAS, Sweden, April 1, 2003 (PRIMEZONE) -- Hoganas AB yesterday completed the acquisition of SCM Metal Products, Inc., USA, a manufacturer of specialty iron and metal powders. SCM formerly was owned by OM Group, Inc., a metals and mining company headquartered in Cleveland, Ohio. The purchase price amounted to MUSD 65. The acquisition, which has an effective date of 1 January 2003, is expected to make a positive contribution to the Hoganas Group's earnings for the current year.
United Online, Inc.
NetZero Introduces NetZero HiSpeed - The Next Generation of Dial-Up Access; Up to Five Times Faster Web Surfing; No Broadband Connection Required
WESTLAKE VILLAGE, Calif., April 1, 2003 (PRIMEZONE) -- NetZero, a wholly owned subsidiary of United Online, Inc. (Nasdaq:UNTD), today announced the official launch of NetZero HiSpeed, a next generation dial-up Internet access service delivering up to five times faster Web surfing. NetZero HiSpeed works from any phone jack using a standard dial-up connection, does not require any new hardware and can be downloaded in five minutes at www.netzero.com. The price for NetZero HiSpeed is $14.95 per month, which includes the NetZero Platinum Internet service.