latest news releases from the newsroom
Wolf Popper LLP
Wolf Popper LLP Charges Omnicom Group Inc. With Violations of the Federal Securities Laws -- OMC
NEW YORK, June 13, 2002 (PRIMEZONE) -- Wolf Popper LLP has charged Omnicom Group Inc. ("Omnicom") (NYSE:OMC) and certain of its senior officers with violations of the federal securities laws, in a class action lawsuit brought in the United States District Court for the Southern District of New York. The lawsuit is on behalf of all persons who purchased Omnicom common stock on the open market during the period April 25, 2000 through June 11, 2002, inclusive (the "Class Period").
SCA Refinances on the International Bond Loan Market
STOCKHOLM, Sweden, June 13, 2002 (PRIMEZONE) -- SCA has made the first issue under its newly established Euro MTN program (corporate bond program). The five-year issue was substantially oversubscribed and the loan amount was finally set at EUR 700 M. The price was 0.55 % above the reference rate of interest (so-called mid- swaps). This loan transaction is a feature of SCA's ongoing refinancing of maturing loans. The bonds have been placed with nearly 200 investors from ten countries.
Kirby McInerney LLP
CORRECTION - Kirby McInerney & Squire, LLP Corrects a Release Issued Earlier: the Company Name Should Have Been Applied Digital Solutions, Inc. rather than Applied Micro Solutions, Inc.; The complete corrected version follows
NEW YORK, June 13, 2002 (PRIMEZONE) -- Kirby McInerney & Squire, LLP has filed a class action lawsuit in the U.S. District Court for the Southern District of Florida on behalf of those who purchased shares of Applied Digital Solutions, Inc. ("Applied Digital" or the "Company") (Nasdaq:ADSXE) between February 11, 2000 and May 10, 2002, inclusive (the "Class Period"). A copy of the complaint is available from the Court or from Kirby McInerney & Squire (see our Website at www.kmslaw.com/new_cases/applied_digital/applied_digital.htm. Please contact us by phone at (888) 529-4787 or by email at firstname.lastname@example.org.
Findexa II Announces the Results of the Exchange Offer for Its Outstanding Notes Guaranteed on a Senior Subordinated Basis by Findexa I AS
OSLO, Norway, June 13, 2002 (PRIMEZONE) -- Findexa II AS and Findexa I AS announced today that the offer to exchange the new e145,000,000 10 1/4% Senior Notes due 2011 issued by Findexa II AS and guaranteed by Findexa I AS which have been registered under the U.S. Securities Act of 1933, as amended, pursuant to a registration statement declared effective on May 8, 2002, for the outstanding e145,000,000 101/4% Senior Notes due 2011 issued by Findexa II AS and guaranteed by Findexa I AS expired at 5:00 p.m., New York time, on June 12, 2002. As of close of business in New York City and London on June 12, 2002, Findexa II AS and Findexa I AS were advised that an aggregate of e144,976,000 of Old Notes had been tendered in exchange for an equivalent amount of Exchange Notes.
Change of CEO in Pannon GSM in September
BUDAPEST and OSLO, Norway, June 13, 2002 (PRIMEZONE) -- Mr. Klaus Holgaard Rasmussen (47) will replace Mr. Bjoern Johan Flakstad as CEO of Pannon GSM in Hungary on the 1st of September this year. After more than eight years of international service for Telenor (Nasdaq:TELN), most of the time in Hungary, Bjoern Johan Flakstad will return to Norway to contribute with his international managerial experience in the further development of Telenor Mobile. Pannon GSM is 100 per cent owned by Telenor and is an important part of Telenor's international portfolio.
Pyrosequencing Cuts Sample Preparation Times in Half with the New Vacuum Prep Tool
UPPSALA, Sweden, June 13, 2002 (PRIMEZONE) -- Pyrosequencing AB (Stockholm: PYRO A) today announced the worldwide launch of the Pyrosequencing(TM) Vacuum Prep Tool - the new time and labor efficient device that accurately prepares DNA samples for genetic analysis by the PSQ(TM)HS 96A System. This hand-held tool uses the speed of vacuum filtration to batch process 96 samples in a straightforward procedure that takes less than 15 minutes to perform. Speed and simplicity are further enhanced by the ergonomic bench-top workflow created by minimal pipetting and an intuitive operating procedure. The filter probes within the tool are designed for repeated use, with each set able to prepare over 50 96-well plates.
iPrint Technologies Announces Timing of Q2 2002 Earnings
SANTA CLARA, Calif., June 13, 2002 (PRIMEZONE) -- iPrint Technologies, inc. (Nasdaq:IPRT), a leading provider of online and offline marketing and customized branding solutions, today announced that it will release Q2 2002 financial results after market close on Tuesday, August 13, 2002. iPrint's analyst conference call is scheduled for later that day at 2:30 p.m. PDT. The Company also confirmed that it continues to cut costs and restructure with the goal of becoming cash flow positive in Q3 2002.
NCC to Build Service Center for Visually Impaired in Helsinki for SEK 156 Million
SOLNA, Sweden, June 13, 2002 (PRIMEZONE) -- NCC Construction Finland has been commissioned by the Finnish Federation of the Visually Impaired to build a national service center in Helsinki for visually impaired people. The total value of the project is approximately SEK 312 million (EUR 34 million), of which NCC will account for half, corresponding to about SEK 156 million (EUR 17 million).