latest news releases from the newsroom
Rune Nyberg Director of Human Resources at TeliaSonera AB
STOCKHOLM, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Rune Nyberg has been appointed as the Director of Human Resources for the new TeliaSonera-Group (Nasdaq:TLSN). He will assume his duties during the spring, June 1, 2003 at the latest. Rune Nyberg comes from Sandvik AB, where he has served as Director of Human Resources since 1996.
Scandiaconsult Natura Wins Major Contract in Zambia
STOCKHOLM, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Scandiaconsult Natura has been contracted by Sida (the Swedish International Development Cooperation Agency) to support Zambia's efforts in combating poverty. This will be done through the so-called Agricultural Support Programme (ASP) which includes components such as introduction and development of agricultural methods, improvements in local infrastructure and training in business development for farmers, local organisations and authorities. Particular emphasis will be placed on reaching households affected by HIV/AIDS, and food insecure households. The contract sum is estimated at SEK 35m.
Telelogic Signs Extended License Agreement with Leading Nordic Telecom Vendor
MALMO, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Telelogic (Stockholm:TLOG) (Other OTC:TGIAF), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a license agreement with a leading Nordic telecom vendor for its Telelogic Tau product family. Worth 643,000 Euro, the agreement is an extension of the current time-based license agreement and gives the customer access to licenses for a broad set of Telelogic Tau development and test tools during 2003, including the recently launched Tau/Developer and Tau/Tester.
Head NV Announces Organisational Changes
ROTTERDAM, The Netherlands, Dec. 10, 2002 (PRIMEZONE) -- Head N.V. (NYSE:HED) (VSX:HEAD), a leading global manufacturer and marketer of sports equipment, announced today details of organisational changes;
Nord Pool Chooses OM as Clearing Technology Partner
STOCKHOLM, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Nord Pool's wholly-owned subsidiary, Nordic Electricity Clearing House ASA (NECH), has reached an extensive cooperation agreement with OM (Other OTC:OMGPF) (Stockholm:OM) for the provision and facility management of OM's SECUR(TM) clearing system. The agreement is set to run for seven years and means that OM will become the new systems provider for Nord Pool's clearing operations with effect from January 1, 2004. Until then Nord Pool will continue to work with Power Clearing Systems AS (PCS).
Sectra's Half-Year Report, May-October 2002/2003 Fiscal Year
LINKOPING, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Sectra (Other OTC:SSBBF) (Stockholm:SECTb) reports increased order bookings, sales and profits for the first half of the 2002/2003 fiscal year. Compared with the corresponding period of the preceding fiscal year, order bookings rose 37 % to SEK 235.5 million (171.5) and sales rose 85 % to SEK 266.7 million (144.2). Pretax profit amounted to SEK 35.7 M (15.9), corresponding to a profit margin of 13 %. Earnings per share rose to SEK 0.73 (0.34).
The Pomerantz Firm Charges 800America.com with Securities Fraud
NEW YORK, Dec. 9, 2002 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit in the United States District Court for the Southern District of New York against 800America.com ("800America" or the "Company") (Other OTC:ACCO) and three individual defendants on behalf of all persons or entities who purchased or otherwise acquired the securities of 800America during the period between January 17, 2001 and November 13, 2002 (the "Class Period"). The lawsuit charges that defendants violated Sections 10(b) of the Securities Exchange Act of 1934 by engaging in a massive, multifaceted scheme to artificially inflate the value of 800America stock by "cooking" its books and records, and by issuing public filings that grossly distorted the Company's true state of affairs.