latest news releases from the newsroom
Swedish Match Announces New Prices on Moist Snuff for Sale in the U.S.
STOCKHOLM, Sweden, Jan. 14, 2003 (PRIMEZONE) -- Swedish Match AB (Nasdaq:SWMAY) (Stockholm:SWMA) today announced that Swedish Match North America has increased wholesale prices on its Timber Wolf moist snuff by 15 cents per can, effective January 20, 2003. The new wholesale list price for Timber Wolf product will be $1.61 per can. The wholesale price for Renegades snuff will increase by 11 cents per can, to $2.69.
SaabTech Systems Receives Major Order from the Swedish Air Force
LINKOPING, Sweden, Jan. 14, 2003 (PRIMEZONE) -- SaabTech Systems has received an order for the adaptation, maintenance and further development of the Swedish Air Defence System, StriC. The system is an air surveillance and tactical fighter control datalink connected with the Gripen aircraft and has been in operational use within the Swedish Air Force since 1998. The order is valued at SEK 73 million and covers the first half of 2003. It is an important order since it contributes to the further development of SaabTech Systems' world-leading competence in the area of command and control systems within Air Defence and future network based solutions.
Pyrosequencing to Distribute Corbett Products in the U.S.
UPPSALA, Sweden, Jan. 14, 2003 (PRIMEZONE) -- Pyrosequencing AB (Stockholm:PYROa) (Other OTC:PYRSF) today reported that the Company signed an agreement to distribute Corbett Research's full line of thermocycling and sample preparation products in the United States. Pyrosequencing and Corbett believe that their complementary product lines and sales processes will offer customers a more comprehensive portfolio of tools for applied genetic analysis. As part of the agreement, Pyrosequencing will make an equity investment in Bio-Molecular Holdings, the parent company of Corbett Research and Corbett Robotics. Terms of the investment were not disclosed, however, once the transaction is completed, Pyrosequencing will own less than 20 percent of Corbett's holding company and will have an option to purchase further ownership over the next three years.
BP 4Q'02 Trading Update
LONDON, Jan. 14, 2003 (PRIMEZONE) -- This trading update is aimed at providing an overview of the revenue and trading conditions experienced by BP (NYSE:BP) (LSE:BP) during the fourth quarter ending December 31, 2002.
EQT Sells Nordic Info Group to Experian Ltd.
STOCKHOLM, Sweden, Jan. 14, 2003 (PRIMEZONE) -- EQT Danmark and other shareholders have signed an agreement with U.K.-based Experian regarding the sell of 100% of the Nordic Info Group A/S for approximately DKK 1.1 billion on a cash and debt-free basis. Completion of the deal is subject to fulfilment of ordinary conditions precedent.