latest news releases from the newsroom
Cal-Bay International Inc.
Cal-Bay International, Inc. Signs Letter of Intent to Acquire Enterprise Automation, Inc.
TUSTIN, Calif., July 27, 2004 (PRIMEZONE) -- Cal-Bay International, Inc. (CBYI) has signed a letter of intent for the acquisition of Enterprise Automation, Inc. Terms of this acquisition remain to be finalized, but it is expected that Cal-Bay International, Inc. will purchase Enterprise Automation, Inc. in exchange for cash and shares of stock in Cal-Bay International, Inc.
Stafford Enhances Investor Relations - Further Strengthens Board
CARSON CITY, Nev., July 27, 2004 (PRIMEZONE) -- Stafford Energy, Inc. ("Stafford") (Pink Sheets:SFDE) is very pleased to announce that JMD Communications Inc. ("JMD") will handle Investor Relations for Stafford. In addition, Stafford is also very pleased to announce the appointment of Mr. Jaro Bucko and Mr. Michal Stit to the Stafford Board of Directors.
ASM International NV
ASM International Announces Orders from Multiple Customers
BILTHOVEN, The Netherlands, July 27, 2004 (PRIMEZONE) -- ASM International N.V. (NASDAQ: ASMI and Euronext Amsterdam: ASM) today announced that it has received a significant order for its established line of Advance(R) A412(TM) 300mm vertical furnaces as well as three initial orders for the Company's high-k gate materials and systems for use in both transistor gate stack and DRAM capacitor applications. These orders were booked during the second quarter of 2004.
ASM International NV
ASM International Reports Final 2004 Second Quarter Operating Results
BILTHOVEN, The Netherlands, July 27, 2004 (PRIMEZONE) -- ASM International N.V. (Nasdaq:ASMI) (Euronext Amsterdam:ASM) reports today the operating results for the second quarter of 2004. Net earnings for the second quarter amounted to Eur 4.4 million, or Eur 0.08 diluted net earnings per share compared to a net loss of Eur (7.3) million or Eur (0.15) net loss per share for the second quarter of 2003.
Powerwave Technologies Reports Second Quarter Results
SANTA ANA, Calif., July 27, 2004 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) today reported net sales of $116.0 million for its second quarter ended July 4, 2004, compared to second quarter fiscal 2003 revenues of $51.5 million. Powerwave also reported a second quarter net loss of $30.2 million, which includes a one-time charge of $23.5 million related to the allocation of a portion of the purchase price associated with Powerwave's acquisition of LGP Allgon Holding AB to in-process research and development expenses. In addition, the second quarter loss includes a restructuring charge of approximately $2.5 million related to the restructuring of the company's operations as part of the integration of the LGP Allgon acquisition, along with a total of $3.8 million of acquisition related amortization resulting from a preliminary purchase price allocation. Powerwave's net loss equates to a basic loss per share of 33 cents for its fiscal second quarter, compared to a net loss of $15.2 million, or a basic loss per share of 23 cents for the prior year period. The second quarter 2003 loss included a restructuring and impairment charge of approximately $9.9 million related to the restructuring of the Company's manufacturing operations. Powerwave completed the acquisition of LGP Allgon Holding AB during the second quarter of 2004 and the results reported herein include the results of LGP Allgon Holding AB for May and June 2004. For the second quarter of fiscal 2004, excluding the restructuring and acquisition related charges and expenses, Powerwave would have reported an operating loss of $500,000 and a net loss after taxes of $1.5 million or a basic loss per share of 2 cents.
OMHEX: Notice to attend an Extraordinary General Meeting of Shareholders
STOCKHOLM, Sweden, July 27, 2004 (PRIMEZONE) -- The shareholders of OMHEX Aktiebolag (publ) ("OMHEX") are hereby given notice to attend an Extraordinary General Meeting of Shareholders to be held on Tuesday, August 31, 2004 at 15.00 CET at OMHEX's headquarters at Tullvaktsvagen 15, (Frihamnen) in Stockholm, Sweden.