latest news releases from the newsroom
Wilhelm Sonesson Proposed New Board Members
LUND, Sweden, April 11, 2002 (PRIMEZONE) -- At the Annual General Meeting of Wilhelm Sonesson on April 24, 2002, the following proposals will be made, with the support of shareholders representing approximately 53 percent of the total number of votes and approximately 42 percent of the capital.
Newport Corporation to Sell Metrology Business; Company Also Announces Impact of FASB 142
IRVINE, Calif., April 11, 2002 (PRIMEZONE) -- Newport Corporation (Nasdaq:NEWP) today announced its intent to sell the majority of its Industrial Metrology Systems Division in two transactions with unrelated strategic buyers. In the first transaction, Newport today signed an agreement to sell the contact measurement piece of its metrology business, primarily related to its CEJohansson subsidiary in Sweden, to Hexagon AB (Stockholmsborsen:HEXAB), based in Nacka Strand, Sweden. Hexagon is a multinational engineering company and parent of metrology company Brown and Sharpe, headquartered in North Kingstown, Rhode Island.
"Daily Direct Deliveries" Innovators Receive Atlas Copco's Peter Wallenberg Award
STOCKHOLM, Sweden, April 11, 2002 (PRIMEZONE) -- This year Atlas Copco's prestigious Peter Wallenberg Marketing and Sales Award will be presented to three recipients. The trio has spent the past several years developing the innovative concept of Daily Direct Deliveries (DDD), a distribution system that gives Atlas Copco unique sales and marketing advantages over its competitors.
Atlas Copco's John Munck Award to Carl Carlin
STOCKHOLM, Sweden, April 11, 2002 (PRIMEZONE) -- Carl Carlin of Atlas Copco Tools and Assembly Systems is the 2002 recipient of Atlas Copco's John Munck Award. Carlin was nominated for his role as the driving force behind the development of Atlas Copco's range of multiple nutrunners for the automotive industry.
Restructuring Program in Trelleborg Wheel Systems Business Area Continues
STOCKHOLM, Sweden, April 11, 2002 (PRIMEZONE) -- The Trelleborg Group's Wheel Systems business area is continuing its program of restructuring measures, which are designed to increase production efficiency. The second stage of the program has now been initiated and means that operations at Evergem in Belgium, which mainly focus on industrial tires, is proposed to be moved to the business area's units in Sri Lanka and Spain.
Reality Wireless Networks Inc.
Reality Wireless Networks Announces Forrest Fulton, Ph.D. to Join Board of Advisors
SAN JOSE, Calif., April 11, 2002 (PRIMEZONE) -- Reality Wireless Networks, Inc. (OTCBB:RWNI) announced today that Forrest F. Fulton, Ph.D. has agreed to join the Company's Board of Advisors. Dr. Fulton is a respected member of the Radio Engineering Fraternity, the scientific peer group whose combined research has made wireless broadband the most popular and practical solution to the problem of providing broadband access to a waiting public in a reliable, yet profitable way. His 40 years of significant contributions to the field of high-frequency wireless data transmission began with his Stanford University Ph.D. dissertation on the potential of Spread Spectrum and continues today. Dr. Fulton's numerous patents suggest the extent of his contributions to this field and confirm his on-going interest in the science of problem solving.