latest news releases from the newsroom
Scandinavian Airlines Intensifies Focus on Internet Sales
STOCKHOLM, Sweden, June 24, 2003 (PRIMEZONE) -- Scandinavian Airlines (Other OTC:SASDF), in cooperation with Amadeus, is offering travel agencies tools for Internet sales. The offering is aimed at travel agencies in Scandinavia that currently do not have their own solution for sales on the Internet.
Akzo Nobel Launches Breakthrough Product for Vehicle Repair Market
ARNHEM, The Netherlands, June 24, 2003 (PRIMEZONE) -- Akzo Nobel (Nasdaq:AKZOY) has introduced a unique, easy-to-apply waterborne clearcoat for the vehicle body refinish market. Based on Akzo Nobel's patented waterborne technology, Sikkens Autoclear(R) WB is the world's first waterborne refinish clearcoat to not only dry in just 35 minutes, but also appear white on the panel when first sprayed to make it easier for the painter to control coverage.
Options Employment Group Ltd. turns to ReadSoft for Automatic Data Capture
STOCKHOLM, Sweden, June 24, 2003 (PRIMEZONE) -- One of the U.K.'s leading employment agencies, Options Employment Group Ltd, recently announced its decision to invest in ReadSoft's technology for automatic document processing. The FORMS software will accelerate the data capture process to improve internal information flow & authorization cycles for the National based recruitment group. The installation is carried out in collaboration with U.S. based software development company, Hyland Software and the full investment amounts to over 1 MUSD. A substantial part of the investment goes into ReadSoft's licenses and services.
Telenor Purchases Remaining 25 per cent of Comincom-Combellga from Minority Shareholders
OSLO, Norway, June 24, 2003 (PRIMEZONE) -- Telenor (Nasdaq:TELN) has acquired the remaining shares held by the minority shareholders of Comincom-Combellga. Telenor paid US$120 million for a 75 per cent stake in Comincom-Combellga in 2000. With the purchase of the 25 per cent minority interest, Telenor assumes 100 per cent ownership of the company. Telenor has acquired the shares, held by private individuals and public organisations, for US$ 30 million. The Russian telecommunications market is experiencing rapid growth, and that is expected to continue in the foreseeable future. Comincom-Combellga provides voice and broadband services to corporate customers and is the third largest operator in Moscow.
Allied Irish Banks, p.l.c.
Allied Irish Banks, p.l.c. Purchase of Own Shares
DUBLIN, Ireland, June 24, 2003 (PRIMEZONE) -- Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) announces that on June 23, 2003, it purchased 1,125,000 of its ordinary shares, at an average price of Euro 13.011, to be held as treasury shares.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Administaff, Inc. -- ASF
BALTIMORE, June 23, 2003 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Administaff, Inc. (NYSE:ASF) between April 3, 2001 through July 31, 2002, inclusive (the "Class Period").
Sara Lee Charged with Securities Fraud says The Pomerantz Firm -- SLE
NEW YORK, June 23, 2003 (PRIMEZONE) -- A class action lawsuit has been commenced by Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) against Sara Lee Corporation ("Sara Lee" or the "Company") (NYSE:SLE), the Company's Chief Executive Officer and the Company's Chief Financial Officer, on behalf of investors who purchased the securities of Sara Lee during the period between August 1, 2002 and April 24, 2003, inclusive (the "Class Period").