latest news releases from the newsroom
NATO Orders Sectra's Eavesdrop-Secure Telephones
LINKOPING, Sweden, Oct. 14, 2002 (PRIMEZONE) -- The central NATO organization has purchased Sectra's (Other OTC:SSBBF) eavesdrop-secure GSM telephone through Kongsberg Defence Communications AS. The order is for the NATO-approved NSK 200 phone that is based on the Sectra Tiger(R) platform.
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.