latest news releases from the newsroom
BioCurex Announces a Proposed 3 for 1 Forward Split
RANCHO SANTA MARGARITA, Calif., March 13, 2003 (PRIMEZONE) -- BioCurex Inc. (OTCBB:BOCX) announced today that its Board of Directors unanimously voted to submit to the Company's shareholders a proposal to forward split all outstanding shares of our common stock at an exchange ratio of three-for-one. In addition, the company will increase its authorized capital from 150 million to 450 million shares.
Pacificap Entertainment Holdings, Inc.
Cavalcade Sets Sights on Ethnic Broadcasting in 2003
DEL MAR, Calif., March 13, 2003 (PRIMEZONE) -- Cavalcade of Sports Media, Inc. (OTCBB:CVOS) announces that its affiliate, the Ethnic Broadcasting Company, has entered into a Letter of Intent to acquire Global Movies Direct, a San Diego, California-based company, providing online DVD rentals and sales (www.indofilms.com). Global Movies Direct is the largest store in the world for Indian movie rentals with over 2,500 titles in stock. The company ships over 50,000 DVDs monthly and rapidly growing.
Northrop Grumman Corp.
Northrop Grumman Information Technology Achieves ISO 9001 Registration
HERNDON, Va., March 13, 2003 (PRIMEZONE) -- Northrop Grumman Corporation's (NYSE:NOC) Information Technology (IT) sector has received International Organization for Standardization (ISO) 9001:2000 registration for its quality management system. The ISO 9001 registration provides Northrop Grumman IT with a distinction in the industry, recognizing the company's focus on customer satisfaction.
AdZone Research, Inc.
AdZone Research Signs Pact with Sarnoff Corporation to Jointly Market Anti-Terrorist Technologies to Government
CALVERTON, N.Y., March 13, 2003 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology-solutions provider, today announced the signing of a Memorandum of Understanding (MOU) with Princeton, N.J.-based Sarnoff Corporation (www.sarnoff.com), creator of innovations in video, electronics, and digital communications. The MOU calls for the two entities to jointly market their respective expertise to agencies of the U.S. government engaged in the global war against terrorism.
Bookham Technology Plc
Bookham Technology to Announce Record-breaking Performance from Novel 40Gbit/s Electro-Absorption Modulator Design at OFC 2003
ABINGDON, U.K., March 13, 2003 (PRIMEZONE) -- Bookham Technology plc (LSE:BHM) (Nasdaq:BKHM) will present a paper at the Optical Fiber Communication Conference and Exposition in March 2003 that describes a novel 40Gbit/s electro-absorption modulator (EAM) module with unequalled performance. Based on the Franz-Keldysh effect (FKE), the EAM device has the lowest unamplified insertion loss ever reported for an EAM, the lowest polarisation-dependent loss (PDL) over a wide range of wavelengths, and the highest bandwidth for a lumped-element FKE-EAM. All these performance parameters are achieved simultaneously, with a manufacturable design, while maintaining the practical requirement of over 10dB extinction with a voltage swing of under 2.5V.
Howlett Research Corp.
Howlett Research Corp. Publishes Research Report on Telkonet, Inc.
VANCOUVER, British Columbia, Canada, March 13, 2003 (PRIMEZONE) -- Howlett Research Corp. (www.howlett-research.com), a boutique research firm led by Jeff Howlett, President, announced today that it has recently published a comprehensive research report on Telkonet, Inc. (OTCBB:TLKO), a leading technology company specializing in commercializing its proprietary powerline communications technology. This proven solution delivers two-way, broadband Internet access over existing electricity networks. Management has targeted the commercial sector, initially focusing efforts toward hospitality markets, and will follow with multi unit dwellings, governments, and international markets, all of which are experiencing growing demand for broadband.
Board Proposes Reduction of Share Capital and Additional Share Buybacks
STOCKHOLM, Sweden, March 13, 2003 (PRIMEZONE) -- Billerud AB's (Other OTC:BLRDY) (Other OTC:BLRDF) Board decided today to propose to the Annual General Meeting on 6 May to reduce the company's share capital by SEK 60,387,500, which corresponds to the around 4.8 million Billerud shares owned by the company itself.