latest news releases from the newsroom
Strategy Partners, LLC
ZENITH TECHNOLOGY Acquires ADSOUTH
IRVINE, Calif., Jan. 5, 2004 (PRIMEZONE) -- Today, ZENITH TECHNOLOGY, INC. (OTCBB:ZNTH) has acquired 100% of ADSOUTH, INC., a Boca Raton based media placement and creative marketing firm with 4th quarter 2003 revenues in excess of $650,000 and pre-tax net profits above $95,000.
CEVA Launches Foundry Program With UMC
DUBLIN, U.K. and SAN JOSE, Calif., Jan. 5, 2004 (PRIMEZONE) -- CEVA, Inc. (Nasdaq:CEVA) (LSE:CVA), the industry's leading licensor of Digital Signal Processor (DSP) cores and solutions to the semiconductor industry, today announced the establishment of a foundry program with UMC (NYSE:UMC), a leading global semiconductor foundry. The program will enable fabless semiconductor companies in emerging markets to quickly and cost-effectively deliver products that feature CEVA-Teak and CEVA-TeakLite DSP cores for applications ranging from wireless handsets to digital multimedia products. The agreement will allow fabless companies to license the CEVA-Teak and CEVA-TeakLite, the number one licensed DSPs, and manufacture system-on-chip (SoC) solutions at UMC. UMC will port the CEVA DSPs to its processes, thereby reducing development costs and accelerating time to market for their fabless semiconductor customers incorporating IP cores into their designs.
Globetech Ventures Corporation
Globetech Appoints CEO/CFO
RICHMOND, British Columbia, Jan. 05, 2003 (PRIMEZONE) -- Globetech Ventures Corp. (the "Corporation") (OTCBB:GTVCF), is pleased to announce that Mr. Roland Vetter has been appointed to the position of Chief Financial Officer of the Corporation. Mr. Dil Gujral remains President & Chief Executive Officer of the Corporation.