latest news releases from the newsroom
Sigma SystemPartner Initiates Cooperation with Proserva
STOCKHOLM, Sweden, Oct. 4, 2002 (PRIMEZONE) -- Sigma SystemPartner has entered into an agreement for the sale to Proserva of Sigma SystemPartner's operations in the area of PC-related consulting services in Sweden's Smaland and Blekinge counties. The partnership will give the two companies a strong joint position in the region.
Hexagon Metrology Acquires MIRAI
NACKA STRAND, Sweden, Oct. 4, 2002 (PRIMEZONE) -- Hexagon Metrology, a business area within the Hexagon Group (Stockholm:HEXAb), has signed an agreement to acquire all outstanding shares in the Italian software provider MIRAI S.R.L. The Acquisition is expected to have a positive effect on Hexagons earnings as of the day of consolidation The Take over will be concluded on October 31, 2002.
Virco Mfg. Corporation
Virco Furniture Complements School Model Classroom at NSBA Show
TORRANCE, Calif., Oct. 3, 2002 (PRIMEZONE) -- Virco Mfg. Corporation (AMEX:VIR) -- Virco's dynamic range of technology-support furniture will play a key role at this year's NSBA Technology + Learning Conference from November 12-15 in Dallas, Texas. That's because the company's Mojave(TM), Future Access(R), I.Q.(R), and other product lines will be featured in the School Model Classroom, sponsored by thin-client technology leaders, National Semiconductor (NYSE:NSM) and Citrix Systems (Nasdaq:CTSX).
Education Management Corporation
Education Management Corporation Purchases School in British Columbia and Enters into an Agreement to Acquire Another
PITTSBURGH, Oct. 3, 2002 (PRIMEZONE) -- Education Management Corporation (Nasdaq:EDMC) today announced that it acquired the Center for Digital Imaging and Sound (CDIS), in Burnaby, British Columbia, Canada. EDMC also announced today that it has signed a purchase agreement for the acquisition of the Institute of Digital Arts (IDA), in Richmond, British Columbia. The IDA transaction is expected to close by the end of this month. Both schools are located in the Vancouver area. These acquisitions, which are expected to be renamed The Art Institutes of Vancouver, will constitute EDMC's 25th and 26th Art Institutes. Financial terms were not disclosed.