latest news releases from the newsroom
Cordiant Communications Group PLC
Cordiant Communications Group plc Announces a Posting Today Regarding Shareholder Approval
LONDON, June 13, 2003 (PRIMEZONE) -- Cordiant Communications Group plc ("Cordiant") (NYSE:CDA) (LSE:CRI) announces that it is posting later today a circular to its shareholders seeking their approval for the disposals of 70 per cent. of The Communications Group, comprising its principal Australian businesses, and its 77.3 per cent. interest in Scholz & Friends. The details of these disposals were announced on 29 May 2003 and 9 June 2003, respectively. The extraordinary general meeting is to be held at 11.00 am on Saturday 28 June 2003. It is being held on this date because of the requirement that the disposal of The Communications Group is completed in Australia no later than 30 June 2003, the long stop date for completion.
New Appointments at SKF
GOTEBORG, Sweden, June 13, 2003 (PRIMEZONE) -- Christer Gyberg, Executive Vice President AB SKF (Nasdaq:SKFR) and President Industrial Division, will take up the responsibility as President of the Group's German subsidiary SKF GmbH. Mr. Gyberg will at the same time assume the responsibility of a new unit, Group Supply Chain and Purchasing, that will have the full responsibility for the SKF Group's purchasing, supply chain and IT governance. Mr. Gyberg will be based in Schweinfurt.
NCC Serves Notice to 195 Employees in Stockholm
SOLNA, Sweden, June 13, 2003 (PRIMEZONE) -- Due to the downturn in the Stockholm office and housing market, NCC Construction Sweden is serving employment-termination notices to 150 craftsmen and 45 salaried employees.
Allied Irish Banks, p.l.c.
Allied Irish Banks, p.l.c. Purchase Of Own Shares
DUBLIN, Ireland, June 13, 2003 (PRIMEZONE) -- Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) announces that on 12 June 2003, it purchased 2,500,000 of its ordinary shares, at an average price of 12.511 Euro, to be held as treasury shares.
Federal Security Protection Services Inc.
FSPS, Inc. and Iris Broadband, Inc. Agree to Unwind Merger
NEW ORLEANS, June 12, 2003 (PRIMEZONE) -- Federal Security Protection Services, Inc. ("FSPS") (OTCBB:FSPS) announced that the Board of Directors voted to reverse the tax-free stock exchange acquisition agreement of Iris Broadband, Inc. and FSPS. Blair Merriam, the newly elected President and CEO of FSPS said, "This action came about as further assessment was done of the potential to develop profitable markets in the areas of Homeland Security and Internet Security services. Given the prolonged downturn in the economy and delays in significant government funding of Homeland security legislation it has been extremely difficult to create a successful and revenue producing business model." Gary O'Neal and Michael Landers resigned as President/CEO and Vice President of Finance, respectively, and as Directors. Two other Directors, John Fentum and Thomas Polich also resigned.
The Law Office of John G. Watts
The Law Office Of Charles H. Jung Announces Continuing Class Actions
SAN FRANCISCO, June 12, 2003 (PRIMEZONE) -- The law office of Charles H. Jung today announced that it is continuing with the securities class actions it commenced on February 28, 2003 on behalf of shareholders who purchased or otherwise acquired the common stock (but excluding purchasers of each company's initial public offering) of any of the following companies during the following time periods:
Accel Healthcare Communications, Inc.
Accel Advertising's Maria Casini Honored as Industry `Rising Star' by Healthcare Businesswomen's Association
NEW YORK CITY, June 12, 2003 (PRIMEZONE) -- Maria Casini, V.P., Creative Director, Accel Advertising (a division of Accel Healthcare Communications) was honored on May 1st at the 2003 Woman of the Year award luncheon, sponsored by the Healthcare Businesswomen's Association (HBA). HBA Rising Stars are up-and-coming professionals in various sectors of the healthcare industry, including pharmaceutical, biotechnology, advertising, public relations, medical education and market research, among other fields.