latest news releases from the newsroom
FindProfit.com Analyzes FERC's Latest Merchant Energy Decisions
PRINCETON, N.J., March 27, 2003 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment advisory service that delivered a +73% audited return in 2002, announced the availability of its latest in-depth analysis on the ongoing Federal Energy Regulatory Commission rulings and California energy saga. FindProfit is one of the few online investment research services that extensively covers the merchant energy sector, and which has made recent contrarian investment bets on both Dynegy (NYSE:DYN) and El Paso (NYSE:EP).
Statoil's Annual Report for 2002
OSLO, Norway, March 27, 2003 (PRIMEZONE) -- Today, March 27, Statoil (OSE:STL) (NYSE:STO) published the electronic version of the group's annual report and accounts for 2002, along with the U.S. Form 20-F report.
NetSol Technologies Inc.
NetSol Technologies, Inc. Receives Order from UMF (Singapore) Ltd. for Its LeaseSoft.CAP Product
CALABASAS, Calif., March 27, 2003 (PRIMEZONE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a developer of proprietary software applications, today announced that it has received an order from UMF (Singapore) Ltd., one of the company's long-standing premier customers, for implementation of NetSol's LeaseSoft.CAP (Credit Application Processing System) software product. UMF (Singapore) currently uses NetSol LeaseSoft.CAM (Credit Administration and Management System), which was successfully implemented by NetSol early this year.
Equistar to Sell Bayport Polypropylene Unit and Agrees to Long Term Propylene Supply Agreement for a Total of $190 Million
RED BANK, N.J., March 27, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") today announced that its joint venture Equistar Chemicals, L.P. is entering into a long-term propylene supply arrangement with Sunoco, Inc. and is selling its Bayport polypropylene manufacturing unit in Pasadena, Texas, to Sunoco, subject to certain conditions. The total consideration to Equistar for the supply arrangements and asset sale is approximately $190 million, plus the value of the Bayport polypropylene inventory. The transaction will be effective as of March 31.
UTi Worldwide to Report Fiscal 2003 Fourth Quarter and Year Results on April 2
RANCHO DOMINGUEZ, Calif., March 27, 2003 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced that, prior to market open on Wednesday, April 2, the company will report financial results for its fiscal fourth quarter and year ended January 31, 2003. The company also said that it will host an investor conference call the same day at 8:00 a.m. PST (11:00 a.m. EST) to review UTi's financials and operations for the quarter.
Capio takes over The Eye Academy (London) Ltd.
GOTHENBURG, Sweden, March 27, 2003 (PRIMEZONE) -- Capio Healthcare UK has acquired of The Eye Academy (London) Ltd. in Harley Street. Capio (Other OTC:CPOOF) will be developing the Harley Street site into the first of its U.K. based "Capio Eye" centers based on the Swedish designed Medocular Eye clinics.
BioXell Initiates Phase II Clinical Trial with BXL-628 in Benign Prostatic Hyperplasia
MILAN, Italy, March 27, 2003 (PRIMEZONE) -- BioXell SpA, the Italian biopharmaceutical company, today announced that it has initiated recruitment for the Phase II trial of its novel lead compound, BXL-628, in Benign Prostatic Hyperplasia (BPH).The trial, a double-blind, randomised, placebo-controlled study involving 120 patients, will be coordinated by the Division of Urology, Universita Vita e Salute-San Raffaele, Milan and involve 12 centres across Italy.