latest news releases from the newsroom
United Online, Inc.
NetZero Introduces Mac Version of Its Value-Priced Platinum Internet Access
WESTLAKE VILLAGE, Calif., April 2, 2003 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet access through its NetZero, Juno and BlueLight Internet consumer brands, today announced the availability of a Mac version of its NetZero Platinum value-priced Internet access service. The release of NetZero for Mac OS X follows on the heels of the company's earlier announcement of a Mac product for its Juno brand of Internet access. NetZero developed a Mac version of its software based on strong demand and feedback from the Mac user community.
Blyth, Inc. Announces Closing of Miles Kimball Company Acquisition; Addition of Catalog and Internet Distribution Channels Position Company for Continued Growth in Global Home Expressions Market
GREENWICH, Conn., April 2, 2003 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home fragrance and decorative accessories, today announced that it completed the previously announced acquisition of Miles Kimball Company, a direct marketer of home decor and household convenience items, premium photo albums, frames and holiday cards. Blyth acquired its 100% interest in Miles Kimball Company for total consideration of approximately $65 million in an all-cash transaction. The acquisition is expected to be accretive to Blyth's sales and earnings in fiscal year 2004. Miles Kimball Company's sales were approximately $120 million in the fiscal year ended December 31, 2002.
TeliaSonera Finland Initiates Negotiations on Efficiency Measures
STOCKHOLM, Sweden, April 2, 2003 (PRIMEZONE) -- TeliaSonera Finland has today initiated the formal employee/employer negotiations, which is estimated to materialize in a reduction of approximately 400 jobs. The negotiation processes will affect the entire profit center TeliaSonera Finland excluding the customer call centers. The process is expected to be ended in May 2003, after which the final outcome of this process can be seen. TeliaSonera Sweden (LSE:TLSNq) (Other OTC:TLSNF) has today also initiated discussions with the trade unions about efficiency measures in Sweden.
TeliaSonera Sweden Announces Redundancies
STOCKHOLM, Sweden, April 2, 2003 (PRIMEZONE) -- As a step towards ensuring TeliaSonera's (LSE:TLSNq) (Other OTC:TLSNF) competitiveness and establishing a cost level that enables TeliaSonera Sweden to offer the market value-for-money products and services, management of TeliaSonera Sweden have initiated discussions with the personnel organisations with respect to redundancies.
Biora Terminates its License Agreement with Medpharma
STOCKHOLM, Sweden, April 2, 2003 (PRIMEZONE) -- Following the non-payment by Medpharma plc (UK) of license fees due to Biora in the first quarter of 2003, the Company has decided to terminate its license agreement with Medpharma for the xerostomia (dry mouth) project targeted to groups other than dentists and dental specialists.
Downsizing within Finnveden
VARNAMO, Sweden, April 2, 2003 (PRIMEZONE) -- Finnveden today announced notices of termination involving a total of 65 employees in the Sheet Metal Components business area.