latest news releases from the newsroom
Saab Training Systems Wins SEK 448 Million Contract
LINKOPING, Sweden, Dec. 20, 2002 (PRIMEZONE) -- The Finnish Defence Forces has awarded Saab Training Systems, of Huskvarna, Sweden, a contract for Combat Training Systems. The contract includes two phases that have the potential of exceeding SEK 448 million. The initial phase is for the supply of a Combat Training System (CTS) and is valued at SEK 228 million. The second, optional phase, is for the supply of further systems. Negotiations for an additional contract for the supply of long-term Maintenance and On-Site Support will be concluded in the first half of 2003.
AAMPRO Group, Inc.
Trident Systems Inks Deal to Acquire $4 Million Company
WHITEHOUSE, N.J., Dec. 20, 2002 (PRIMEZONE) -- Trident Systems International, Inc. (OTCBB:TDSY) signed a Definitive Letter of Intent to acquire National Employment Alternatives, Inc., a New Jersey-based PEO or professional employer organization with approximately $4 million in annual revenue. This acquisition increases our revenue by more than 20% and demonstrates our company's strategy to acquire companies on an accretive basis.
Munters Contributes to Cleaner Water
STOCKHOLM, Sweden, Dec. 20, 2002 (PRIMEZONE) -- Munters (Other OTC:MUNTF) has been awarded a contract to supply its BIOdek(R) media for wastewater treatment to United Utilities, a major provider of water and wastewater services in the U.K.
Young European Truck Driver Competition Launched: Scania Invites Heavy Truck Drivers all over Europe to Drive Safer
SODERTALJE, Sweden, Dec. 20, 2002 (PRIMEZONE) -- Scania (NYSE:SCVa) (NYSE:SCVb) is organizing the biggest competition ever for heavy truck drivers in Europe in 2003. The competition is the first for heavy truck drivers to be organised in partnership with the European Commission. Participating as sponsors are Michelin, Shell and IRU (the International Road Transport Union). The focus is on road safety and fuel economy, as well as various aspects of precision manoeuvring, involving both theoretical and practical tests. The competition will run in a total of 20 European countries, including all current EU member states.
Cordiant Communications Group PLC
Cordiant Communications Group Plc: Board Changes
LONDON, Dec. 20, 2002 (PRIMEZONE) -- The Board of Cordiant (NYSE:CDA) announces that the reorganisation of the Bates Group, commenced in September 2002, is nearing completion. As a result, Michael Bungey intends to step down from the role of Cordiant CEO at the end of this year and will hand over the role to David Hearn with effect from January 1, 2003. Michael Bungey will continue as an executive director of Cordiant until March 31, 2003.
Polopoly: Sweden's Second Largest Newspaper Faster with New Technology
STOCKHOLM, Sweden, Dec. 20, 2002 (PRIMEZONE) -- Swedish tabloid Expressen has recently enjoyed a large upturn in popularity, showing increased sales of paper edition as well as an increased number of Website visitors. Last week, 642,000 unique individuals came to read the news on the site. As part of its bid to become the fastest Scandinavian newspaper, Expressen now moves the site to the technical platform of Swedish CM vendor Polopoly.
Ingrid Bahlenberg New Plant Manager at Kockums Karlskrona
MALMO, Sweden, Dec. 20, 2002 (PRIMEZONE) -- Ingrid Bahlenberg has been appointed the new Plant Manager at Kockums Karlskrona, with 900 employees. She currently holds the position of Plant Manager at Volvo Buss in Boras and will take up her new position on February 1, 2003. She succeeds Borje Appelqvist who is retiring.
The Joint Venture of TietoEnator and YLE will Start Operating on Jan. 1, 2003
ESPOO, Finland, Dec. 20, 2002 (PRIMEZONE) -- TietoEnator Broadcasting IT Oy starts operating on 1.1.2003. It is a joint venture between YLE, the Finnish Broadcasting Company, and TietoEnator (Other OTC:TTNTF) (Stockholm:TIEN). Matti Lehti, the CEO of TietoEnator, and Arne Wessberg, the CEO of YLE, signed the agreement on starting the business on Friday, 20.12.2002.