latest news releases from the newsroom
SaVi Media Group Inc.
SaVi Media Group Announces the Appointment of Former California Air Resources Board Chairman to Serve on Advisory Board
ANAHEIM, Calif., Sept. 27, 2005 (PRIMEZONE) -- SaVi Media Group (OTCBB:SVMI) has appointed John Dunlap, former chair of the California Air Resources Board, to its Strategic Advisory Board. He served six years in Governor Pete Wilson's Administration as Chairman of the Air Resources Board, where he was responsible for implementation of the California Clean Air Act and compliance with the Federal Clean Air Act. From 1993 to 1994, he served Governor Wilson as Chief Deputy Director of the Department of Toxic Substances Control where he managed external affairs, legislation, and technology development programs. Prior to his state service, John worked for the South Coast Air Quality Management District as public advisor, where he helped resolve disputes for businesses and developed outreach programs to educate the public and the regulated community about air quality issues.
Change in Ownership of Klippan AB
KLIPPAN, Sweden, Sept. 27, 2005 (PRIMEZONE) -- Jan Bernander and Stefan Lersten have sold 1 million shares in KLIPPAN AB to Nove Capital and associated companies. After this, Weland AB owns some 17 percent of the capital and votes, while Nove Capital and associated companies own some 12 percent and Jan Bernander and Stefan Lersten some 12 percent.
Tele2 Uses Its Own Network to Offer Fixed Telephony in Denmark
STOCKHOLM, Sweden, Sept. 27, 2005 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Stockholmsborsen:TEL2A) and (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announces that following the successful acquisition of Tiscali in February 2005, Tele2 in Denmark is now able to offer both traditional fixed telephony and ADSL using its own network, at significantly lower prices than its competitors.
Confirmed Favorable Safety Profile for Active Biotech's Oral MS Drug
STOCKHOLM, Sweden, Sept. 27, 2005 (PRIMEZONE) -- The safety data from Active Biotech's (Stockholm:ACTI.ST) recently concluded clinical phase II safety study shows that laquinimod, a novel oral medication for the treatment of multiple sclerosis (MS), was well tolerated also at a higher dose. The results will be presented at the 21st Congress of the European Committee for Treatment and Research in Multiple Sclerosis (ECTRIMS) meeting in Thessaloniki, Greece, on September 30 by the Principal Investigator, Professor Magnhild Sandberg-Wollheim.
Skanska to Build Post Office Terminal in Czech Republic for SEK 366 M
STOCKHOLM, Sweden, Sept. 27, 2005 (PRIMEZONE) -- Skanska has secured the contract to build a post-office terminal in Brno in the Czech Republic. The contract is worth CZK 1.2 billion, approximately SEK 366 M and will be included in order bookings for the third quarter. The customer is the Czech post office administration, Ceska posta, s.p.
Nidec to Open IR Office in U.K.
KYOTO, Japan, Sept. 27, 2005 (PRIMEZONE) -- Nidec Corporation ("Nidec") (NYSE:NJ) announced today that it is opening a new office in London on October 1, 2005, which engages in investor relations ("IR") activities.
Volvo Launches World's First CO2-Free Automotive Plant
GOTEBORG, Sweden, Sept. 27, 2005 (PRIMEZONE) -- AB Volvo has decided to make Volvo Trucks' plant in Tuve the world's first CO2-free automotive plant. As a result of investments in wind power and biofuel, the plant's electricity and heat will come from sources that do not emit any carbon dioxide into the atmosphere. ``The Greenhouse Effect is a reality and the automotive industry has a specific responsibility for coping with emissions of carbon dioxide," says Volvo's Chief Executive Officer Leif Johansson.
Horizon Offshore Inc.
Horizon Offshore Reports No Damage to Marine Assets, Minor Damage to Shore Base Facilities
HOUSTON, Sept. 26, 2005 (PRIMEZONE) -- Horizon Offshore, Inc. (Pink Sheets:HOFF) announced today that its marine construction vessels located in the U.S. Gulf of Mexico suffered no damage as a result of Hurricane Rita. The Company's shore base facility in Port Arthur, Texas, from which the Company conducted its Human Resources function and fabricates small components to support its pipeline and derrick projects, suffered wind damage to an office building and welding shop. The Human Resources function has been moved to the Company's Houston headquarters. The Company's facility in Sabine Pass, Texas, which supports the Company's Gulf of Mexico barge operations, was flooded. The Company's damage assessment is ongoing, but it has not discovered any significant damage to its equipment there. Both sites are currently inoperable due to interruption of utilities service. The Company's headquarters in Houston, Texas was not affected and is fully operational.