latest news releases from the newsroom
Old Mutual plc
Old Mutual plc Interim results -- Presentation
LONDON, Aug. 6, 2003 (PRIMEZONE) -- Old Mutual plc ("Old Mutual") (Other OTC:ODMTF) (LSE:OML) will tomorrow, be hosting a presentation in London and in Johannesburg for investors and analysts on its interim results for the six months ended 30 June 2003.
Millennium Chemicals To Restate Financial Statements
RED BANK, N.J., August 6, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") today announced that it plans to restate its financial statements to correct recently discovered errors in its accounting for deferred taxes relating to its Equistar investment, the calculation of its pension liability, and its accounting for a multi-year precious metals transaction. Millennium's independent auditor, PricewaterhouseCoopers LLP ("PwC"), concurs with Millennium's decision to take these actions.
Maximum Dynamics, Inc.
Maximum Dynamics, Inc. Signs Letter of Intent to Acquire a Subsidiary
COLORADO SPRINGS, Colo., Aug. 6, 2003 (PRIMEZONE) -- Maximum Dynamics, Inc. (OTCBB:MXDY), a financial services company that supports the financial community with back office fund administration and client side support, announced today that it has signed a letter of intent to acquire a majority ownership of Unilogic Solutions, Ltd. After the transaction is complete, Unilogic Solutions, which is a South African Proprietary Limited Company, will be a majority controlled subsidiary of Maximum Dynamics. Terms of the deal have been reached and will be announced upon completion of the transaction.
Alternet Systems Inc.
Alternet Systems and Bell Canada Make High-Speed Internet Access A Reality for Rural Communities
VANCOUVER, B.C., August 06, 2003 (PRIMEZONE) -- The Gitxsan Government Commission (GGC) has chosen Alternet Systems Inc.'s (OTCBB:ASYI) 1Nterlink(tm) server platform to drive their high-speed, wireless Internet initiative. The GGC worked with Alternet and Bell Canada to provide a cluster of 6 small northern BC communities with low-cost, high-speed Internet access. The Gitxsan Government Commission recognized the need for broadband Internet access in their area and worked with the neighboring communities to aggregate enough demand to build and operate their own Internet Service Provider (ISP) business.
Yosemite Technologies' TapeWare Version 7 Backup Software to be Bundled with HP Tape Drives for Small-To-Medium Businesses
FRESNO, Calif., Aug. 6, 2003 (PRIMEZONE) -- Yosemite Technologies today announced that HP (NYSE:HPQ) is now shipping TapeWare XE Version 7.0 with a range of HP tape drives. HP customers have been receiving TapeWare XE bundled with HP tape drives for several years now. The latest release of TapeWare XE -- Version 7.0 with enhanced functionality -- has now replaced TapeWare XE Version 6.3 in HP bundled tape drive products. HP tape drives bundled with TapeWare XE include selected DAT, first-generation LTO Ultrium, and DLT VS products. HP includes TapeWare XE with its tape drives to provide a complete backup solution straight out of the box.
US Department of Defense Contracts with ParthusCeva for NavStream 3000 GPS Location Technology
SAN JOSE, Calif., Aug. 6, 2003 (PRIMEZONE) -- ParthusCeva, Inc. (Nasdaq:PCVA) (LSE:PCV), the leading licensor of Digital Signal Processor (DSP) cores and platform-level Intellectual Property (IP) to the semiconductor industry, announced today that ParthusCeva has been awarded a contract by the US Government for the design of a high-performance Global Positioning System (GPS) system for military test and research, utilizing ParthusCeva's NavStream(TM) 3000 GPS technology.