latest news releases from the newsroom
Modern Times Group MTG AB: ZTV Fastest Growing Channel in Norway
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that ZTV is the fastest growing channel in Norway and has increased its penetration from 30.7% to 42.7% since its launch in January this year. More than 1.5 million people can now watch ZTV every day. In the last three months alone, ZTV increased its penetration from 37.9% to 42.7%. These results have been published by leading independent polling organization, Gallup TV Meter Norway.
Outokumpu to Exercise its Right to Redeem All Remaining AvestaPolarit Shares
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- Outokumpu's redemption offer regarding the shares and warrants in AvestaPolarit expired on October 11, 2002. Outokumpu has in its stock exchange release today announced that it, through the redemption offer, has redeemed a total of 35 974 136 shares from the shareholders of AvestaPolarit. Together with shares purchased from the market Outokumpu owns approximately 99.8 per cent of the shares and votes in AvestaPolarit. Outokumpu has redeemed 1 460 000, i.e. 100 per cent, of the warrants subject to the offer.
Information Regarding IBS' Q3 Report, Thursday 17 October
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- IBS today anounced that on October 17, at 11-1 p.m., a meeting will be held at IBS' Group Headquarters, Hemvarnsgatan 8, Solna, Sweden. Presentations of and comments regarding the Q3 report will be given by IBS' new management team; Magnus Wastenson, CEO, Per-Arne Sendren, VP and CFO, and Gustaf Lindgren, VP Sales and Marketing. This meeting will be held in Swedish. A buffet lunch will be served.
Metso And Dow to Bring to Market a New Paper-Coating Process
HELSINKI, Finland, Oct. 14, 2002 (PRIMEZONE) -- Metso Paper and the Emulsion Polymers global business unit of The Dow Chemical Company (Dow) (NYSE:DOW), a leading provider of latex products and services to the paper/paperboard and carpet markets, have signed a cooperation agreement to develop and bring to market a new paper and boardcoating process. According to the agreement, Dow will develop the coating chemicals and colors, while Metso Paper will develop the coating station technology, including supply systems, drying and process automation.
TietoEnator and Tampere City Plan to Offer Municipal Services over Digital Television
ESPOO, Finland, Oct. 14, 2002 (PRIMEZONE) -- TietoEnator (Other OTC:TCYBF), Tampere City and eTampere have launched a joint development project that it will offer local government services over digital television. The "From Waiting Room to Living Room" project will start with a thorough analysis in order to determine which municipal services would be most suitable for implementation through digital TV.
NATO Orders Sectra's Eavesdrop-Secure Telephones
LINKOPING, Sweden, Oct. 14, 2002 (PRIMEZONE) -- The central NATO organization has purchased Sectra's (Other OTC:SSBBF) eavesdrop-secure GSM telephone through Kongsberg Defence Communications AS. The order is for the NATO-approved NSK 200 phone that is based on the Sectra Tiger(R) platform.