latest news releases from the newsroom
Murray, Frank & Sailer LLP
Attention Purchasers of AT&T Corporation, Inc. Securities: Rabin & Peckel LLP Commences Class Action Against Jack Grubman, Salomon Smith Barney, Inc., Alleging Violations of Federal Securities Law -- T
NEW YORK, Oct. 11, 2002 -(PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the Southern District of New York, on behalf of all persons or entities who purchased or otherwise acquired securities of AT&T Corporation ("AT&T" or the "Company") (NYSE:T) between November 29, 1999 and October 27, 2000, both dates inclusive (the "Class Period"). Jack Grubman and Salomon Smith Barney, Inc. are named as defendants in the complaint.
Tib's Grill Brings Flavorful Louisiana Dining to Atlanta
ATLANTA, Oct. 11, 2002 (PRIMEZONE) -- Laissez les bon temps rouler -- let the good times roll! Tib's Grill(tm) is coming to Atlanta's renowned Buckhead area, bringing food, flavor and fun in a way only folks from Louisiana can. Set to open in early December, Tib's Grill will anchor the new Alexan Building at the corner of Grandview and Pharr Roads. Executive Chef R. L. Holmes has moved to Atlanta from New Orleans to bring the unrivaled Louisiana flavors, service, style and decorum to this new casual restaurant.
American Realty Investors, Inc.
American Realty Investors Amends 2002 Results
DALLAS, Oct. 11, 2002 (PRIMEZONE) -- American Realty Investors, Inc. (NYSE:ARL) announced Friday that the company has amended its 2002 second quarter and six months reporting to reflect net losses of $15.23 million and $24.78 million, or $1.34 and $2.18 per share, on revenues of $38.64 million and $76.92 million, respectively, as compared to net incomes of $7.93 million and $9.68 million, or $.78 and $.96 per share, on revenues of $48.09 million and $89.54 million, respectively, in the 2001 comparable periods.
Ben Franklin Technology Partners of Southeastern Pennsylvania
Ben Franklin Awards $1,017,000 in Company Investments
PHILADELPHIA, Oct. 11, 2002 (PRIMEZONE) -- Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) has recently invested more than $1 million in five southeastern Pennsylvania technology companies, Fairmount Automation, Gentis Inc., NovaPlex Technologies, Inc., RetinaPharma Technologies, Inc. and Vaticor, Inc. for prototype and product development. These companies join Ben Franklin's portfolio of approximately 135 companies, representing more than $17 million currently invested in southeastern Pennsylvania. Profile and investment information is outlined below.
Exus Networks, Inc.
Exus Appoints Advisors in United Arab Emirates and Holds Discussions with Thuraya Satellite Telecommunications Co.
NEW YORK, Oct. 11, 2002 (PRIMEZONE) -- Exus Networks, Inc. (OTCBB:EXUS) today announced the appointment of Mr. Nassar Al-Maisary and Retired Major General Hazza Sultan Al Darmaki as advisors to Exus. Mr. Al-Maisary is a well-established businessman with excellent contacts in the Middle Eastern and African Markets. During the last 25 years, Mr. Al-Maisary has assisted companies develop businesses and joint ventures, lobbied governments on his clients behalf and raised investment capital for many companies around the world. Retired Major General Hazza Sultan Al Darmaki is now Chairman and CEO, of High Standard Group headquartered in Abu Dhabi, UAE. High Standard Group will represent Exus' interests and assist in marketing Exus Educational products in the UAE.
Neoware Systems Displays the Latest in Thin Client Appliance Solutions at COMMON 2002 Fall Conference and Expo
KING OF PRUSSIA, Pa., Oct. 11, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the server-based appliance computing market, will display its complete server-based and appliance computing solutions in booth #600 at COMMON 2002 Fall Conference and Exposition at the Colorado Convention Center, Denver, CO on October 13-15, 2002.