latest news releases from the newsroom
KDS USA Extends Radius Line-Up with Affordable, Ultra-Thin 17-Inch LCD Monitor
GARDEN GROVE, Calif., Oct. 21, 2003 (PRIMEZONE) -- KDS USA, a leading provider of monitors and computer peripherals, today introduced a 17-inch addition to its Radius flat-panel display line-up. Blending practical user functionality with the latest in liquid crystal display (LCD) viewing technology, the Rad-7bk - currently available for $399 - is ideal for consumer, office and computer-aided design (CAD) applications.
Epic Financial Corporation
Epic Financial Acquires Stake in Seven Angels Ventures, LLC
NEWPORT BEACH, Calif. Oct. 21, 2003 (PRIMEZONE) -- Epic Financial Corporation (OTCBB:EPFL) announced today that it has acquired a stake in Seven Angels Ventures, LLC. SAV is a holding company that acquires stakes in publicly traded companies in a number of diverse industries, with target industries including technology, financial services, and communications.
Profit warning from Gresvig
ASKIM, Norway, Oct. 21, 2003 (PRIMEZONE) -- Gresvigs preliminary figures for Q3 show weaker results than expected and weaker than Q3 2003, mainly due to weak results in own stores. Other parts of the group are in line with the company's expectations. A restructuring process will be started immediately to improve the results in own stores.Preliminary accounts show an EBT of NOK 2.2 million in Q3 (NOK 20.5 million) and NOK 35.3 million year to date (NOK 43.9 million). Own stores show a preliminary EBT of NOK -30.0 million (NOK -8.1 million). Gresvigs total EBT for the year is expected to be around NOK 55 to 60 million. Final results for Q3 will be presented on 6th November, as previously announced. The board has announced that an action plan will be implemented immediately, in order to regain profitability in own stores.
Song Networks Holding
Vattenfall chooses Song Networks for its data communications
STOCKHOLM, Sweden, Oct. 21, 2003 (PRIMEZONE) -- Song Networks Holding AB's (Other OTC:SONWF) (Stockholmsborsen:SONW) announces today that Song Networks Svenska AB has entered into an agreement with Vattenfall Data AB for the supply of data communication that will initially link Vattenfall's work centres at 13 locations around Sweden. The agreement extends over 3 years and has a value for Song Networks of approximately SEK 12 million.
Telelogic interim report July-September 2003
MALMO, Sweden, Oct. 21, 2003 (PRIMEZONE) -- Telelogic (Other OTC:TGIAF): Telelogic (Stockholm:TLOG), the leading global provider of solutions for advanced systems and software development, today announced financial results for the third quarter 2003, ending September 30.