latest news releases from the newsroom
Tornet's Board recommends the shareholders to accept the offer
STOCKHOLM, Sweden, Oct. 20, 2003 (PRIMEZONE) -- After the publication of Fastighets AB Tornet's interim report for January-June 2003, Lehman Brothers Real Estate Partners L.P. (LBREP) and Ratos AB initiated a due diligence-process with a view to presenting a public offer for all shares in Tornet. The presentation of a public offer was conditional on the outcome of the due diligence-process and on ensuring financing. The Board of Directors made the assessment that the intended offer could be of interest to the shareholders and a due diligence-process was therefore approved. No information suited to affect, to a not insignificant extent, the previous valuation of Tornet's shares has been communicated to LBREP or Ratos.
SkyePharma Welcomes FDA Approval of Additional Indication for Paxil CR
LONDON, Oct. 20, 2003 (PRIMEZONE) -- SkyePharma PLC (Nasdaq:SKYE) (LSE:SKP) welcomes the recent announcement by its partner GlaxoSmithKline (NYSE:GSK), that the US Food & Drug Administration ("FDA") has approved an additional therapeutic indication for Paxil CR(TM) (paroxetine hydrochloride Controlled Release) for the treatment of social anxiety disorder. Paxil CR(TM) is already approved and on the market in the US for the treatment of depression, panic disorder and, most recently, premenstrual dysphoric disorder (PMDD). SkyePharma developed the controlled release formulation used in Paxil CR(TM) and receives a royalty on GlaxoSmithKline's sales.
Trintech Group Plc
Whitbread Group PLC Selects Trintech's ReconNET Suite to Automate Reconciliation and Improve Cash Controls
LONDON and TEXAS, Oct. 20, 2003 (PRIMEZONE) -- Trintech (Nasdaq:TTPA) (Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced that Whitbread Group PLC, the UK's leading hotel, leisure and restaurants group, has selected ReconNET 6.6, ReconNET Online and ExecuNET to automate reconciliation of its deposit and credit card transactions, streamline its cash management processes, and provide effective risk management and reporting across its businesses.
23rd Record Breaking Edition Of GITEX Inaugurated Today
DUBAI, United Arab Emirates, Oct. 19, 2003 (PRIMEZONE) -- His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Industry and Chairman of the Dubai World Trade Centre (DWTC) and His Highness General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence, jointly inaugurated the 23rd edition of GITEX today (October 19th) that has broken all records in terms of nett area, number of exhibitors/companies and participating countries since its inception.
Travel to Exotic Thailand from Only $989 Thanks to Go-Today.com!
BOTHELL, Wash., Oct. 17th, 2003 (PRIMEZONE) -- This 9 night package offers you a grand view of Thailand. Starting in Chiang Mai a popular northern city of Thailand rich in scenic beauty surrounded by mountains and famous for it's historic temples, distinctive festivals, and crafts. Where elephants are still used in the forest industry and indigenous tribes live in the hills much as they did 100 years ago. Your next stop is Bangkok often described as one of the most exciting cities in Asia, with it's bustling nightlife, and famous sights including the Grand palace, and the Emerald Buddha. Then it's off to Phuket Thailand's popular beach resort destination. Scuba diving, shopping, Golf, or just lying on the beach will provide a fitting end to you're vacation.