latest news releases from the newsroom
Sectra Sells Rescue System in Finland
LINKOPING, Sweden, Feb. 11, 2002 (PRIMEZONE) -- The Swedish information technology company Sectra has sold a new mobile rescue system to the Finnish network operator, Digita. The order, which in the first phase covers infrastructure, is an important key step into the market for rescue systems. The order value amounts to SEK 6 million.
If P&C Insurance
Protect Data: U.S. Government Agency Purchases the Pointsec Security Solution
STOCKHOLM, Sweden, Feb. 11, 2002 (PRIMEZONE) -- The IT security company Protect Data's subsidiary Pointsec Mobile Technologies has signed an order for the supply of the security solution Pointsec(r) to an US government agency. The government agency will protect its portable computers with Pointsec(r). Delivery is taking place during February 2002, at which time USD 430,000 will be invoiced.
If P&C Insurance
If P&C Insurance: Teleconference Invitation
STOCKHOLM, Sweden, Feb. 11, 2002 (PRIMEZONE) -- We are pleased to invite you to a conference call Tuesday, February 12, 2002, 15.30, Stockholm Time to review If P&C Insurance's Year-end Report Announcement. Torbjorn Magnusson, Chief Executive Officer and Tom Rathke, Chief Financial Officer, will represent If. Prepared remarks will take approximately 30 minutes and will be followed by a question- and-answer session. The presentation will be published on If's IR web site, www.if-insurance.com.
Mandamus Commences Sale of Own Shares
STOCKHOLM, Sweden, Feb. 11, 2002 (PRIMEZONE) -- At the Annual General Meeting of Mandamus Fastigheter AB in April 2001, the decision was taken to authorise the Board to buy and sell the company's own shares. The purpose of this decision was to allow continuous adjustment of the company's capital structure to its capital requirements. The Board's authorisation applies to the period up to the next AGM in April 2002. Bought-back shares may be sold at variance with the shareholders' preferential right. Purchase and sale of shares must take place on the Stockholm Stock Exchange within the price range from the highest bid rate to the lowest price paid. At present, Mandamus owns 624,400 shares, which corresponds to 3.04 per cent of the total number of shares issued.
Regus Wins Largest-Ever Outsourcing Deal Worth 23.9 Million Pounds from Compaq
CHERTSEY, U.K., Feb. 11, 2002 (PRIMEZONE) -- With the growing trend in the global office outsourcing, Regus (Nasdaq:REGS) (LSE:RGU.L) has won its largest-ever single new business deal with the signing of a contract worth 23.9 million pounds with Compaq. The deal is for the provision of long-term serviced accommodation for more than 450 people in the UK.
OTI On Track Innovations Inc.
SmartStop and OTI Launch SmartShowers Nationwide
ROSH PINA, Israel and PORTLAND, Ore., Feb. 11, 2002 (PRIMEZONE) -- SmartStop, Inc. today announced its commercial launch of the SmartShower(TM) system. Designed for the trucking and travel industry, the SmartShower system automates the operation of shower rooms at truck stops, travel plazas and rest areas. In addition, the SmartShower system provides an array of management reports and operational tools which allow customers to increase revenue, labor productivity and customer service, while decreasing the costs associated with their shower facilities. SmartStop has signed several major truck stop networks to install the system, with the expected installation to start in May 2002. OTI (Neuer Markt:OT5) provides the microprocessor-based smart card technology, products and solutions that support the SmartShower system.
Much Shelist Freed Denenberg Ament & Rubenstein
Much Shelist Announces Class Periods for Shareholder Class Action Suits Against Williams Companies, Inc., Williams Communications Group, Inc., PNC Financial Services Group, Inc., Global Crossing Ltd. and Tyco International Ltd. - WMB, PNC, GX, TYC
CHICAGO, Feb. 8, 2002 (PRIMEZONE) -- Much Shelist Freed Denenberg Ament & Rubenstein, P.C. announces that class action lawsuits are pending in various federal courts on behalf of purchasers of the following securities during the periods set forth below:
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces the Filing of Class Action Lawsuit on Behalf of Shareholders Who Purchased Global Crossing, Ltd. Shares -- GX, GBLXQ, GBXGQ
BALTIMORE, Feb. 8, 2002 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. is one of the firms that has filed a class action lawsuit on behalf of shareholders who purchased Global Crossing, Ltd. ("Global Crossing" or the "Company") (NYSE:GX) (OTCBB:GBLXQ) (OTCBB:GBXGQ) shares between August 13, 1998 and January 28, 2002, inclusive (the "Class Period"), against individual directors and officers of Global Crossing, namely, Gary Winnick, Lodwrick Cook, Jack Scanlon, David Lee, Dan Cohrs and James Gorton, as well as Global Crossings' auditors, Arthur Andersen, LLP ("Arthur Andersen").