latest news releases from the newsroom
Charlie Peile to join Golar LNG
OSLO, Norway, Aug. 27, 2003 (PRIMEZONE) -- Charlie Peile has accepted the position as head of the commercial department of Golar LNG (Nasdaq:GLNG) to strengthen and lead its existing marketing team. Having worked with Gotaas Larsen for 16 years, he is revisiting familiar territory. His appointment will strengthen the company's on-going commitment to its existing and increasing customer base. Mr. Peile has worked for the last 4 years for Clarksons and LNG Shipping Solutions (a joint venture between BRS and Clarksons). His work with the two broking companies to provide clients with innovative ideas has kept him in close contact with the major users in the LNG industry.
Completion of OM's public offer to the shareholders and warrant holders of HEX and extension of the offer to the shareholders of HEX
STOCKHOLM, Sweden, Aug. 27, 2003 (PRIMEZONE) -- OM (Other OTC:OMGPF) today announced that 12,516,105 shares in HEX Plc ("HEX"), including shares in HEX to be issued as a result of exercise of HEX warrants, and 18,000 HEX warrants have been tendered in OM's public offer to the shareholders and warrant holders of HEX (the "Offer"). The HEX shares and warrants tendered in the Offer, together with the HEX shares already held by OM, correspond to approximately 99.4 percent of the aggregate number of shares and votes in HEX, fully diluted. The conditions for completion of the Offer are thereby satisfied and the Board of Directors of OM has decided to complete the Offer.
New President and Management Team at Pyrosequencing
UPPSALA, Sweden, Aug. 27, 2003 (PRIMEZONE) -- Pyrosequencing AB (Stockholm:PYROA) (Other OTC:PYRSF) today announced the appointment of the new management team for the new Company in connection with the completion of the merger with Personal Chemistry in Uppsala AB, "Personal Chemistry".
Blyth, Inc. Reports Record 2nd Quarter Sales
GREENWICH, Conn., Aug. 27, 2003 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home decor and home fragrance products, reported today that second quarter Net Sales increased 3% to $275.3 million from $268.0 million a year earlier. Sales from recently acquired businesses and benefits from foreign currency exchange were responsible for second quarter sales increases. Operating profit declined to $20.7 million, compared to $33.7 million in the prior year period. Net Earnings for the quarter were $11.2 million versus $18.8 million a year earlier. Diluted Net Earnings Per Share for the second quarter were $0.24 compared to $0.40 for the same period last year. The Company had expected Diluted Net Earnings Per Share to range between $0.20 and $0.24.
Claritas Identifies Differences in Financial and Telecommunication Behaviors for Ethnic Groups
SAN DIEGO, August 27, 2003 (PRIMEZONE) -- A recent analysis conducted by market research leader Claritas Inc. using two of its acclaimed surveys, the Market Audit(r) for financial services and Convergence Audit(tm) for telecommunications, underscored not only the importance of consumer research in evaluating preconceived notions regarding ethnic consumers, but also demonstrated the impact of comparing behavior at the product level in addition to category level analyses. In many instances, category behavior masked key differences across ethnic groups.
Nocom appointed Macromedia's Support Partner on the Scandinavian Market
UPPSALA, Sweden, Aug. 27, 2003 (PRIMEZONE) -- Nocom (Other OTC:NOMAF) and Macromedia have now reached an agreement to extend their existing partnership. Nocom will provide qualified support for Macromedia's server products and operate as Macromedia's support organization on the Scandinavian market. Nocom will thereby become Macromedia's first partner in Europe able to provide a complete support program.
SunnComm Technologies, Inc.
SunnComm's MediaMax CD-3 Technology Passes International Test with 'Flying Colors'
PHOENIX, August 27, 2003 (PRIMEZONE) -- SunnComm Technologies, Inc. (Pink Sheets:STEH), a leader in digital content security and enhancement for optical media, today announced that it successfully completed the external testing phase of its industry-leading MediaMax(tm) CD3 technology. The comprehensive test procedures were performed by world renowned Professional Multimedia Test Centre (PMTC) (http://www.pimc.be) located in Diepenbeek, Belgium.