latest news releases from the newsroom
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP Commences Class Action Suit Against AOL Time Warner, Inc. and Certain of Its Officers and Directors -- AOL
NEW YORK, July 25, 2002 (PRIMEZONE) -- The law firm of Abbey Gardy, LLP has filed a class action against AOL Time Warner, Inc. ("AOL Time Warner" or the "Company") (NYSE:AOL) and certain of its officers and directors in the United States District Court for the Southern District of New York, on behalf of all persons or entities who purchased AOL Time Warner securities during the period from October 18, 2000 and January 10, 2001 and all persons who converted, exchanged or otherwise acquired shares or AOL Time Warner between January 11, 2001 and July 17, 2002, inclusive (the "Class Period").
Converge Global, Inc.
TeleWrx, Inc. Announces National Tour
BOCA RATON, Fla., July 25, 2002 (PRIMEZONE) -- Converge Global Inc. (OTCBB:CVRG) and its wholly owned subsidiary TeleWrx, Inc. today announced that its National Tour is well under way. The purpose of this extensive tour is to introduce the company's products, services and business opportunity directly to the company's existing distributors, and meet new distributors on a first-hand basis.
Competitive Technologies, Inc.
Competitive Technologies Client University of Illinois to Assume Lead in Fujitsu PDP Patent Infringement Case
FAIRFIELD, Conn., July 25, 2002 (PRIMEZONE) -- Competitive Technologies, Inc. (AMEX:CTT) today announced an agreement with the University of Illinois for the University to take the lead in the patent infringement litigation against Fujitsu currently before the U.S. District Court for the Northern District of California. The University, CTT's client, will also assume the cost of new lead counsel, Irell & Manella. Up to this point, lead counsel fees have been the sole responsibility of CTT. CTT will withdraw as co-plaintiff, retaining economic interest in the suit. The University of Illinois has taken this action to further protect the interest and rights of the citizens of Illinois.
Majestic Companies, Ltd.
Majestic Issues Message to Shareholders
SALT LAKE CITY, July 25, 2002 (PRIMEZONE) -- Majestic Companies Ltd. (OTCBB:MJXX), through a reverse takeover by Freedom Oil and Gas Inc., a Nevada Corporation, of 57 West South Temple, Suite 420, Salt Lake City, Utah, is now wholly controlled by management appointed through Freedom Oil and Gas. The result of this transaction is nothing short of a sea change in Company focus and direction as it relates to daily operations, corporate goals and direction.