latest news releases from the newsroom
Teligent executes restructuring program
STOCKHOLM, Sweden, Nov. 21, 2003 (PRIMEZONE) -- Teligent announces today the implementation of a restructuring program. An analysis of the organisation and business structure has been performed in relation to the acquisition of Telspec Network Service Division. As a result the number of employees within the group will be reduced by approximately 25 people. Synergy reductions are mainly performed in Spain and the U.K. Costs for the restructuring program will be charged for in the result of the fourth quarter of 2003.
Crucell Presents Update on In-house Product Development Programs at Analyst Meeting
LEIDEN, The Netherlands, Nov. 21, 2003 (PRIMEZONE) -- Crucell N.V. (Euronext: CRXL) (Nasdaq:CRXL) presents a comprehensive update on the company's in-house product development programs today during its on-site Analyst Meeting. Presentations by Crucell's management team highlight Crucell's commitment to the execution of the company's four key vaccine programs against influenza, Ebola, West Nile virus and malaria infection.Crucell's influenza epidemic vaccine program has been expanded to include a pandemic vaccine. The company expects to file INDs for both the pandemic and epidemic vaccines in 2005.
Ofek Capital Corp.
Annual Revenues Increase 38% for Ofek Capital's AJM Leasing
TORONTO, Nov. 21, 2003 (PRIMEZONE) -- Ofek Capital Corp. (Pink Sheets:OFCC) announces that its wholly owned operating subsidiary, AJM Leasing, has recorded a 38% increase in annual revenues and a 275% increase in profit for its October 31, 2003 yearend. Ofek's own annual consolidated financial statement, incorporating AJM Leasing's positive results together with Ofek's own positive contributions, would be available as soon as the annual audit is completed.
Ahold confirms limited use of shareholder authorizations
ZAANDAM, The Netherlands, Nov. 21, 2003 (PRIMEZONE) -- Ahold today confirmed that it will use the authorizations requested under Item 6 of the agenda for the forthcoming shareholders' meeting on November 26, 2003, to issue no more than 625 million common shares and 175 million cumulative preferred financing shares.(*)
Autoliv builds new plant in China
STOCKHOLM, Sweden, Nov. 21, 2003 (PRIMEZONE) -- Autoliv opened China's first airbag plant less than two years ago. Since that time, Chinese passenger vehicle production has risen to an estimated 1.9 million this year, up from 750,000 vehicles in 2001. Chinese airbag demand has grown at an even faster pace. As a result, Autoliv's first plant will soon reach its capacity limit.
OMHEX nomination committee
STOCKHOLM, Sweden, Nov. 21, 2003 (PRIMEZONE) -- OMHEX: at the Annual General Meeting on March 19, 2003, chairman Olof Stenhammar announced that he, in consultation with the companies' major shareholders, would appoint a nomination committee prior to the 2004 Annual General Meeting. The following have been appointed to this committee:
Sixty Women a Day Examined with World-Unique Mammography System From Sectra
LINKOPING, Sweden, Nov. 21, 2003 (PRIMEZONE) -- Sectra's digital mammography system, Sectra MicroDose Mammography(TM), has been used to examine more than 1,500 women in the Helsingborg Hospital mammography screening program. This was accomplished in the record time of two months in clinical operation. The system is now being used to examine more than sixty women every day.