latest news releases from the newsroom
Mobile Competency President and Founder Bob Egan to Deliver Keynote at CIO Symposium on Mobile High-Speed Data
PROVIDENCE, R.I., July 10, 2003 (PRIMEZONE) -- Mobile Competency, a leading consulting company providing market research and advice on mobile technologies, today announced that the company's President and Founder, Bob Egan, will deliver the keynote address at the CIO Symposium on Mobile High-Speed Data, being held July 10, 2003 at The Westin Grand in Washington, D.C.
Stolt-Nielsen S.A. Reports Second Quarter 2003 Results
LONDON, July 10, 2003 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (OSE:SNI) today reported results for the second quarter ended May 31, 2003. Net loss for the latest quarter was $50.4 million, or $0.92 per share, on net operating revenue of $742.7 million, compared with a net income of $0.2 million, or $0.00 per share, on net operating revenue of $678.4 million for the second quarter of 2002. The basic weighted average number of shares outstanding for the quarter was 54.9 million compared with 54.9 million for the same period in 2002.The net loss for the six-month period ended May 31, 2003 was $63.4 million, or $1.15 per share, on net operating revenue of $1,507.0 million compared with a net loss of $3.5 million, or $0.06 per share, on net operating revenue of $1,289.6 million for the same period in 2002. For the six-month periods of 2003 and 2002, the weighted basic average number of shares outstanding was 54.9 million.
Advanced Communications Technologies, Inc.
Shareholders Approve Amendment to Increase Advanced Communications Technologies, Inc.'s Authorized Common Stock
NEW YORK, July 10, 2003 (PRIMEZONE) -- Advanced Communications Technologies, Inc. (OTCBB:ADVC) ("ACT" or the "Company") today announced that its shareholders approved, by majority vote, an amendment to the Company's Articles of Incorporation to increase its authorized common stock to 5,000,000,000 shares, as reported during a special meeting of the shareholders held in New York yesterday.
SNPE, Saab and Patria Create a Leading European Propellants and Explosives Company -- EURENCO
LINKOPING, Sweden, July 10, 2003 (PRIMEZONE) -- The French GROUPE SNPE and its subsidiary SME (SNPE Energetic Materials) and the owners of NEXPLO Industries AB, the Swedish Saab AB and the Finnish Patria, have today signed a binding agreement in order to merge their activities in propellants and explosives within a new company named EURENCO, i.e. European Energetics Corporation. The ownership of the company will be 60.2 % for GROUPE SNPE and 19.9 % for both Patria and Saab.
Aussie Apparel Group Signs Letter-of-Intent to Acquire November Clothing Company and November Trademark from Krash Distribution Company
LOS ANGELES, July 10, 2003 (PRIMEZONE) -- Aussie Apparel Group Ltd. (OTCBB:AASI), an emerging growth apparel company focused on the extreme sports enthusiast, announced today that it signed a letter-of-intent with November Clothing Company to acquire the Santa Ana, CA-based company. Aussie Apparel simultaneously announced a letter-of-intent with Krash Distribution Company to acquire the November trademark in an asset purchase agreement. Initial numbers provided by November Clothing Company to Aussie Apparel show sales of $1.5 million in 2002. November Clothing Company, launched in 2000, caters to the core skateboard market with a strong fashion influence from alternative/punk music lifestyle. Outside of the United States, the November brand is also sold in Canada, England, New Zealand and Australia.
Worldwide Holdings Announces New Corporate Web Site and the Worldwide Advantage Affiliate Program
ADDISON, Ill., July 10, 2003 (PRIMEZONE) -- Worldwide Holdings, Inc. (OTCBB:WWDH) today announced the hiring of an interactive advertising agency, Intelective Communications, Inc., to design a formal corporate Web site which will be launched by the end of July 2003 and to provide ongoing strategic and tactical marketing services. Worldwide Holdings is also deploying an extensive national advertising campaign comprising print and interactive media to drive broad brand awareness in the real estate market and recognition with affiliates who may be interested in working with the company.