latest news releases from the newsroom
Hi3G Sponsors Swedish Football and Acquires the Rights to Provide Content to Mobile Terminals
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Today, Hi3G announced that the company has reached an agreement with ISPR regarding sponsorship of Allsvenskan, Damallsvenskan, Superettan and Svenska Cupen. As part of the agreement Hi3G secures the exclusive rights to provide sports content to mobile phones and wireless devices for all the above series and for the home games of the Swedish National Teams in Football and matches in Sweden in the UEFA cup.
eB2B Commerce, Inc.
eB2B Completes Private Placement
NEW YORK, Jan. 15, 2002 (PRIMEZONE) -- eB2B Commerce, Inc. (Nasdaq:EBTBD), announced today that it has closed on a private placement of notes and warrants. The Company issued $2,000,000 principal amount of five-year senior subordinated secured notes, convertible into shares of common stock at the rate of $2.42 per share. The warrants are exercisable for an aggregate of 826,439 shares of common stock, at an exercise price of $2.90 per share. The securities issued in the private placement were issued upon the conversion of $2,000,000 of senior secured notes issued by the Company in its prior bridge financing which closed in December 2001. No additional cash consideration was received by the Company.