latest news releases from the newsroom
Neoware to Acquire TeleVideo's Thin Client Business
KING OF PRUSSIA, Pa. and SAN JOSE, Calif., Jan. 12, 2005 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE) and TeleVideo, Inc. (Pink Sheets:TELV), today announced that the companies have entered into a Definitive Agreement under which Neoware will acquire TeleVideo's thin client business including all thin client assets, certain contract obligations, a trademark license, product brands, customer lists, customer contracts and non-competition agreements for $5 million in cash plus a potential earn-out based upon performance. In addition, effective immediately, TeleVideo has retained Neoware as its exclusive distributor and sales agent. Starting today, all TeleVideo thin client products are available to TeleVideo customers directly from Neoware. Subject to regulatory approval, the acquisition is expected to close in March 2005.
CorpHQ Appoints New Vice President of Sales and Marketing
REDONDO BEACH, Calif., Jan. 12, 2005 (PRIMEZONE) -- CorpHQ Inc. (Pink Sheets:COHQ) has announced the expansion of its executive team with the appointment of Steven A. Williams, as Vice President of Sales and Marketing. Mr. Williams brings to CorpHQ a diversified sales and marketing background, ranging from startup to Fortune 500 companies, and spanning a variety of industries and sectors.
Millicom International Cellular
Millicom Adds Nearly 860,000 Subscribers In Q4 To Reach 7.7 Million Total Subscribers By Year End
NEW YORK, STOCKHOLM and BERTRANGE, Luxembourg, Jan. 12, 2005 (PRIMEZONE) -- Millicom International Cellular S.A. ("Millicom") (Nasdaq:MICC) (Stockholmsborsen and Luxembourg Stock Exchange:MIC), announces that it has added 859,968 net new subscribers in the fourth quarter to reach 7.7 million total cellular subscribers by the year end. Proportional subscribers reached 5.3 million. Subscriber growth has continued to accelerate in 2004 with record underlying net subscribers additions in the last three quarters. At the end of December 2004 Millicom saw a 12.6% increase in total subscribers from the previous quarter and a 36% increase from December 2003.
StockGuru.com and TalkingStocks.com Initiate Profile Coverage of VoIP, Inc.
DALLAS, Jan. 12, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com and TalkingStocks.com, announced today that both web sites have initiated profile coverage for VoIP, Inc. (OTCBB:VOII). Speaking of the company, Pentony said, "VoIP is a company that is truly on the cutting edge. With its four major divisions, the company has moved to the forefront of VoIP. We believe it is important to bring companies like VoIP to our members, as this is a unique business model."
Telia reduces interconnection rate today
STOCKHOLM, Sweden, Jan. 12, 2005 (PRIMEZONE) -- Equal terms are a precondition for competition to function in the Swedish mobile telephony. TeliaSonera therefore welcomes the National Post and Telecom Agency's (PTS) decision that Sweden's three major mobile operators are to reduce the interconnection rates in their mobile networks to a maximum of SEK 0.80 per minute.
Agreement between KLIPPAN AB and Xeikon International
STOCKHOLM, Sweden, Jan. 12, 2005 (PRIMEZONE) -- KLIPPAN AB and Xeikon International have concluded an agreement on the qualification of KLIPPAN High Tech paper for the Xeikon 5000 digital colour press. High Tech is KLIPPAN's digital portfolio and consists of the products Art, Ultra, Matt (X9) and Silk.