latest news releases from the newsroom
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.
Capital Research Group, Inc
TheSUBWAY.com announces its morning stock focus list for Thursday, July 25, 2002: CALY, VRTS, CNXT, PMCS, OPWV!
WESTON, Fla., July 25, 2002 (PRIMEZONE) -- Keep an Calypte Biomedical Corp. (OTCBB:CALY). The company just began to pick up volume and could be a huge gainer in the short term.
Old Mutual plc
Old Mutual's U.S. Asset Management Group Reports Results for First Half of 2002
BOSTON, July 25, 2002 (PRIMEZONE) -- The U.S. asset management group of Old Mutual plc (LSE:OML) today announced results for its affiliated asset management firms for the six months ended June 30, 2002. The group achieved strong relative performance overall, with assets under management declining 3.2% excluding divestitures, compared to a 6.9% decline for the Dow Jones Industrial Average, 13.2% decline for the S&P 500 Index, and 25.0% decline for the NASDAQ Composite Index. In addition, the firms in aggregate had net inflows of client assets of $1.5 billion, or 1.0% of 2001 yearend assets of $149.9 billion, and divestitures of nonstrategic firms and transfers within Old Mutual accounted for a reduction of $5.4 billion or 3.6% of assets. As of June 30, the group managed a total of $141.2 billion.