latest news releases from the newsroom
Communications Research, Inc.
Communications Research, Inc. Announces Major Agreement With Analog Digital International
MAHWAH, N.J., Sept. 23, 2003 (PRIMEZONE) -- Communications Research, Inc. (Pink Sheets:CRHI) announced a major partnering agreement and strategic alliance with Analog Digital International, Inc., New York City, New York. Under the terms of the agreement for an undisclosed value of stock and other real considerations, the companies have agreed to share resources and team on large professional video system projects. The company anticipates this relationship will provide a competitive advantage that will lead to the award of millions of dollars of additional contracts.
Faison Office Products, L.L.C.
Faison Office Products L.L.C. Selected by Coors Brewing Company
AURORA, Colo., Sept. 23, 2003 (PRIMEZONE) -- Faison Office Products today announced it has been awarded a three-year contract to provide Coors Brewing Company, based in Golden, Colorado, office supplies. Faison Office Products is an Aurora, Colorado-based firm celebrating its 21st year providing office products to Coors and major corporations and government agencies nationwide.
Harsco Corporation Declares Regular Quarterly Cash Dividend
HARRISBURG, Pa., Sept. 23, 2003 (PRIMEZONE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) today declared a regular quarterly cash dividend of 26.25 cents per share, or $1.05 per share on an annualized basis. The dividend is payable November 17, 2003 to stockholders of record as of October 15, 2003.
Randgold Resources Limited
Randgold Resources Confirms Formal Merger Proposal
LONDON, Sept. 23, 2003 (PRIMEZONE) -- Introduction: The Board of Randgold (LSE:RRS) (Nasdaq:GOLD) announces that it has today submitted a formal merger proposal (the "Merger Proposal") to the Board of Ashanti. The Merger Proposal is subject to certain preconditions, including the recommendation of the Board of Ashanti. If completed, the Merger will create a major, independent, pan-African focused gold business. Randgold believes that the Enlarged Business will be a low cost gold producer with critical mass and significant growth potential and will be self-financing from completion.
Cal-Bay International, Inc.
Cal-Bay International Forms New Cal-Bay Analytical, Inc. Subsidiary
TUSTIN, Calif., Sept. 23, 2003 (PRIMEZONE) -- Cal-Bay International, Inc. (OTCBB:CBYI) has recently formed a new subsidiary to expand the company's product lines. The newly formed company, Cal-Bay Analytical, Inc., will focus on the laboratory, testing and quality control markets.