latest news releases from the newsroom
Tasty Fries, Inc.
District Court Stays All Proceedings in Tasty Fries, Silver Leaf Litigation
BLUE BELL, Pa., July 16, 2003 (PRIMEZONE) -- Tasty Fries(r), Inc. (OTCBB:TFRY) announced today that on July 14, 2003, Chief Judge John Bissell of the United States District Court of New Jersey heard Tasty Fries' Motion for Summary Judgment against Silver Leaf in the lawsuit Silver Leaf filed against Tasty Fries arising from the termination of the Master Sales and Marketing Agreement.
AAMPRO Group, Inc.
Cross Capital Launches Public Company Fund; AAMPRO GROUP, Inc. Makes Inaugural Investment in Fund
GARDEN CITY, N.Y., July 16, 2003 (PRIMEZONE) -- Cross Capital Fund, LLC launched a unique hedge and investment fund for publicly traded companies at the end of last quarter. AAMPRO GROUP, Inc. (OTCBB:AAPO), a leading Employee Leasing, HR Services and Payroll Company, announced today that it has made a six figure investment in the Fund. AAMPRO CEO Stephen Farkas stated, "Cross Capital Fund provides a compelling opportunity for AAMPRO to bolster its balance sheet, achieve our corporate goals and to further enhance shareholder value." Cross Capital Fund, LLC is managed by Cross Capital Management, LLC whose directors have decades of investment management and public company investment banking experience.
Neoware Appoints Industry Veteran to Head EMEA Business Development
KING OF PRUSSIA, Pa., , July 16, 2003 (PRIMEZONE) -- Neoware Systems, (Nasdaq: NWRE), the leading supplier of award-winning software, services and managed thin client appliances, today announced that it has appointed industry veteran Mark Jordan to the position of Vice President of EMEA (Europe, Middle East and Africa) Business Development. This significant new role within Neoware was created as a result of the company's sustained growth in the region and its commitment to further its investments in EMEA to drive additional growth. The company's success is reflected by the fact that it recently surpassed Hewlett Packard in thin client market share, and grew at nine times the rate of the market in 2002, according to IDC.
ICA sells 14 distribution centers to London & Regional Properties and GE Real Estate
STOCKHOLM, Sweden, July 16, 2003 (PRIMEZONE) -- ICA Handlarnas AB is selling 14 distribution centres to a consortium comprising London & Regional Properties, Skandinavien (L&R) and GE Real Estate, Norden (GE) through its subsidiary ICA Fastighets AB. At the same time ICA and the consortium, with L&R and GE, have entered into lease agreements that extend to between five and fifteen years and with an average duration of eleven years.