latest news releases from the newsroom
Document Security Systems, Inc.
Document Security Systems Announces $4.7 Million in Interim Private Placement Results
ROCHESTER, N.Y., Dec. 15, 2003 (PRIMEZONE) -- Document Security Systems, Inc. (OTCBB:DCSS) announced today that it had completed interim closings on its private placement offering in an amount equal to $4,725,000 of gross proceeds. The Company is offering an aggregate of $5,000,000 of the securities, and may expand the offering by an additional $900,000. The Company expects to complete the offering within the next 15 days.
Eyemakers Announces Completion of Acquisition of Dialysis Center
DEL MAR, Calif., Dec. 15, 2003 (PRIMEZONE) -- Eyemakers, Inc. (Pink Sheets:EYEM) - Eyemakers, Inc. announces that its previously announced purchase of 50% of a kidney dialysis center in Italy has been completed with the purchase of the remaining 50%. The new facility is in the final stages of completion and is expected to be fully operational in the first quarter of 2004. As previously stated, the estimate for first year revenue for this facility is expected to be between E1.5 and E2.0 million based on the number of fixed patient contracts in place. Eyemakers anticipates this clinic to produce above average profit margins for this type of facility. As previously stated, the Company has additional acquisitions in the pipeline which will compliment its strategy going forward.
EMS Technologies, Inc.
EMS Technologies to Deliver Fourth High-Power Output Assembly Flight Set to XM Radio as Part of Alcatel Space Contract
ATLANTA, Dec. 15, 2003 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) has announced today that it has received the fourth flight set award from Alcatel Space, a subsidiary of Alcatel (Paris:CGEP.PA) and (NYSE:ALA), for the critical high-power output assembly (HPOA) used by XM Satellite Radio. The latest flight set, valued at $1.5 million, will perform the critical signal combining on XM's powerful geostationary satellites, supporting the nation's leading satellite radio service transmission of 101 channels of high-quality digital radio to subscribers nationwide.
Kinnevik Buys Millicom Convertible Notes
STOCKHOLM, Sweden, Dec. 15, 2003 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik today announced that it has bought 10,863,000 Millicom International Cellular S.A. 2% Senior Convertible PIK Notes for USD 68,007,453. The convertible notes are equivalent to 1,010,512 shares in Millicom International Cellular S.A. after conversion. Kinnevik in total holds 13,205,000 PIK Notes in Millicom, equivalent to 1,228,372 shares in Millicom after conversion.
Concordia orders two new P-MAX tankers
GOTHENBURG, Sweden, Dec. 15, 2003 (PRIMEZONE) -- Concordia has now exercised its option at Brodosplit Shipyard in Split, Croatia, to order a further two Stena P-MAX product tankers at a predetermined price.
Kingdom Ventures Inc.
Kingdom Ventures 3rd Quarter Revenues Up by Over 500%
MINDEN, Nev., Dec. 15, 2003 (PRIMEZONE) -- Kingdom Ventures, Inc. (OTCBB:KDMV), a rapidly growing supplier of Media and Products to the Christian Marketplace, announced today its preliminary unaudited financial results for its third quarter ending October 31, 2003. The company's sales revenues increased to an estimated $5 plus million in the Third quarter from $842,362 the year earlier, representing an increase of over 500%.
CDMA Development Group
CDG Congratulates Bellsouth on Recent CDMA2000 Launches
COSTA MESA, Calif., Dec. 15, 2003 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) congratulates BellSouth on the commercial deployment of CDMA2000(r) networks in Argentina and Peru -this month. The company now offers CDMA2000 services in Argentina, Chile, Colombia, Ecuador, Guatemala, Nicaragua, Panama, Peru and Venezuela.
WYNIT to Feature Alera Technologies Digital Imaging Products
CHATSWORTH, Calif., Dec. 15, 2003 (PRIMEZONE) -- Alera Technologies, developer and manufacturer of Advanced DVD and CD Recording Solutions, is proud to announce that Alera Technologies products are available through WYNIT, the foremost U.S. distributor of digital imaging products. Now photo enthusiasts and digital imaging professionals will find Alera Technologies digital imaging and photo copying solutions in more photography, specialty and retail stores.
Broadcom Utilizes CEVA DSP Core To Power Edge Cellular Solution
DUBLIN, U.K., Dec. 15, 2003 (PRIMEZONE) -- CEVA, Inc. (Nasadq:CEVA) (LSE:CVA), the leading licensor of Digital Signal Processor (DSP) cores and integrated applications to the semiconductor industry, today announced that Broadcom Corporation has deployed the CEVA-TeakLite DSP Core to power the Broadcom(R) BCM2132 EDGE/GPRS/GSM multimedia baseband processor chip for the rapidly emerging EDGE (Enhanced Data for GSM Evolution) market.Mobilink Telecom, which Broadcom acquired in 2002, licensed the CEVA-TeakLite DSP Core. Its decision to continue developing EDGE solutions using CEVA-TeakLite underlines CEVA's position as the leading licensor of open, industry-standard DSP cores. CEVA is the number one licensor of DSP technology to the semiconductor industry (Gartner-Dataquest, 2003).