latest news releases from the newsroom
Successful mobile data capture cuts corners at Sparrservice
STOCKHOLM, Sweden, Sept. 02, 2003 (PRIMEZONE) -- Swedish-based Sparrservice is one of the pioneers when it comes to improving business processes with mobile data capture technology. The newly developed solution from ReadSoft and Vodafone has made it possible for Sparrservice to cut corners when handling and following up order forms. Mobile data capture is made possible by ReadSoft's software FORMS in connection with the Vodafone-service Notera-Blankett, plus a digital pen equipped with Anoto functionality.
Credit Suisse Group
Winterthur Group Completes Sale of Churchill to The Royal Bank of Scotland Group
ZURICH, Switzerland, Sept. 1, 2003 (PRIMEZONE) -- Winterthur Group announced today that it has completed the sale of its UK non-life insurer Churchill to The Royal Bank of Scotland Group. At completion, Winterthur Group received cash consideration of approx. GBP 1.1 billion. In addition, the transaction involves the repayment of approximately GBP 100 million of debt to Credit Suisse Group companies. The sale will result in a capital gain, to be recorded in Credit Suisse Group's third quarter results, and a significant strengthening of Winterthur Group's solvency position.
Telenor Mobil increases GSM coverage along the Norwegian coast
OSLO, Norway, Sept. 1, 2003 (PRIMEZONE) -- Telenor Mobil (Nasdaq:TELN) (Other OTC:TELNF) intends to significantly increase the GSM coverage along the Norwegian coast. In many places signals will extend four times as far from land as today. The development will be concluded before the decommissioning of the NMT-450 service on December 31, 2004.Telenor Mobil has mapped the use of NMT-450 along the Norwegian coast together with fishery organisations and many customers and coastal communities. With the planned expansion of the GSM coverage, Telenor Mobil will compensate for the loss of coverage resulting from the decommissioning of NMT-450.
Drott sells three residential properties capital gain SEK 40 million
STOCKHOLM, Sweden, Sept. 1, 2003 (PRIMEZONE) -- Drott (Other OTC:DOTBF) has sold the residential properties Veken 3 and Odalbonden 6, in Stockholm, and Hovitsmannen 1, in Malmo, for a total of SEK 123 million. The price exceeds by 26 percent the external valuation dated December 31, 2002. The properties have a total rentable space of 8,402 square meters, of which 7,296 square meters comprise residential space.