latest news releases from the newsroom
Riverhead Networks Appoints VP North American Sales
CUPERTINO, Calif., Jan. 14, 2003 (PRIMEZONE) -- Riverhead Networks, a leading provider of Distributed Denial-of-Service (DDoS) protection solutions that ensure business continuity for ISPs, data centers and large enterprises, today announced the appointment of Michael G. Albers to vice president of sales for North America. Albers will report to the CEO and oversee the company's North American sales operations from Riverhead's Virginia office.
Pyng Technologies Inc.
Pyng Technologies Corp.: Sales Record Set for F.A.S.T. 1 System
BURNABY, B.C., Canada, Jan. 14, 2003 (PRIMEZONE) -- Pyng Technologies Corp. (TSX Venture Exchange:PYT) (OTCBB:PYNGF) is pleased to announce that subsidiary Pyng Medical Corp. has reached sales of over $247,800, the highest quarter ever, for Fiscal Year 2003-Q1 ending December 31st, 2002. This is a 72 percent increase over the previous quarter. The average monthly sales to-date for Fiscal Year 2003 now exceeds $82,600 per month, which is approximately 68 percent ahead of the average monthly sales for Fiscal Year 2002, which ended September 30th, 2002.
Tele2 Launches Fixed Line Operation in Belgium
NEW YORK and STOCKHOLM, Sweden, Jan. 14, 2003 (PRIMEZONE) -- Tele2 AB ("Tele2," "the Group") (Nasdaq:TLTOA) (Nasdaq:TLTOB), the leading alternative pan-European telecommunications company, is pleased to announce the launch of fixed line telephony services in Belgium from January 15, 2003.
Swedish Match Announces New Prices on Moist Snuff for Sale in the U.S.
STOCKHOLM, Sweden, Jan. 14, 2003 (PRIMEZONE) -- Swedish Match AB (Nasdaq:SWMAY) (Stockholm:SWMA) today announced that Swedish Match North America has increased wholesale prices on its Timber Wolf moist snuff by 15 cents per can, effective January 20, 2003. The new wholesale list price for Timber Wolf product will be $1.61 per can. The wholesale price for Renegades snuff will increase by 11 cents per can, to $2.69.
SaabTech Systems Receives Major Order from the Swedish Air Force
LINKOPING, Sweden, Jan. 14, 2003 (PRIMEZONE) -- SaabTech Systems has received an order for the adaptation, maintenance and further development of the Swedish Air Defence System, StriC. The system is an air surveillance and tactical fighter control datalink connected with the Gripen aircraft and has been in operational use within the Swedish Air Force since 1998. The order is valued at SEK 73 million and covers the first half of 2003. It is an important order since it contributes to the further development of SaabTech Systems' world-leading competence in the area of command and control systems within Air Defence and future network based solutions.
Pyrosequencing to Distribute Corbett Products in the U.S.
UPPSALA, Sweden, Jan. 14, 2003 (PRIMEZONE) -- Pyrosequencing AB (Stockholm:PYROa) (Other OTC:PYRSF) today reported that the Company signed an agreement to distribute Corbett Research's full line of thermocycling and sample preparation products in the United States. Pyrosequencing and Corbett believe that their complementary product lines and sales processes will offer customers a more comprehensive portfolio of tools for applied genetic analysis. As part of the agreement, Pyrosequencing will make an equity investment in Bio-Molecular Holdings, the parent company of Corbett Research and Corbett Robotics. Terms of the investment were not disclosed, however, once the transaction is completed, Pyrosequencing will own less than 20 percent of Corbett's holding company and will have an option to purchase further ownership over the next three years.
BP 4Q'02 Trading Update
LONDON, Jan. 14, 2003 (PRIMEZONE) -- This trading update is aimed at providing an overview of the revenue and trading conditions experienced by BP (NYSE:BP) (LSE:BP) during the fourth quarter ending December 31, 2002.