latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Aviator Receives Highest Honor from Society of Experimental Test Pilots
EL SEGUNDO, Calif., Nov. 5, 2003 (PRIMEZONE) -- Roy Martin, chief test pilot for Northrop Grumman Corporation's (NYSE:NOC) Integrated Systems sector, has been inducted as a fellow by the Society of Experimental Test Pilots (SETP) for his prominent contributions to flight testing. Martin is one of only 194 test pilots to receive this distinction -- the highest grade of membership attainable from SETP, an international organization with more than 2,100 members -- in the organization's 48-year history.
Cyber Com Consulting Group
Bulletin from the extraordinary shareholders' meeting in Cybercom Group
STOCKHOLM, Nov. 5, 2003 (PRIMEZONE) -- At an extraordinary shareholders' meeting in Cyber Com Consulting Group Scandinavia AB (publ) ("the Company") on 5 November 2003, it was resolved to issue one promissory note with a nominal value of SEK two hundred (200) together with not more than 200,000 detachable stock options. The term of each stock option will be 16 January 2004 - 16 January 2007. Each stock option shall entitle to subscribe for one (1) new share in the Company at any time from 16 August 2006 - 16 January 2007 at a price of SEK 33, this is 140 per cent of the Company's average stock-exchange quotation for the period 28 October 2003 - 4 November 2003. Right to subscribe for the promissory note with detachable stock options shall, with deviation from the shareholders' preferential rights, only fall upon the Company's wholly owned subsidiary Cyber Com Consulting Uppsala AB. The subsidiary shall transfer the stock options to people who are still employed by the Company's wholly owned subsidiary in England, Stratum ltd, and possible future subsidiaries in England. If all stock options were exercised for subscription for shares, it would lead to a mathematical dilution of slightly more than 2 % of the outstanding shares.
WindsorTech, Inc. Establishes `Charitable Technology Exchange'
PALM BEACH, Fla. and HIGHTSTOWN, N.J., Nov. 5, 2003 (PRIMEZONE) -- WindsorTech, Inc, (OTCBB:WSRT) a Data Security and Environmental Compliance service company, announced today that it has establishment of the Charitable Technology Exchange and its pilot 501 (c)(3) charitable organization partner, the Children's Place at Home Safe. Under the program, corporate donors may make "in-kind" donations of excess and end-of-life IT equipment to Home Safe and receive favorable tax treatment of those donations. WindsorTech, Inc. will then audit the machine, sanitize the hard drives to remove sensitive data, and prepare an audit report to insure that the donor remains in compliance with any and all data security and/or environmental regulations and requirements. WindsorTech then remarkets the equipment and returns the proceeds from the sale, less a handling and audit fee, to Home Safe.
Volvo Buses has Won an Order for 64 Buses from Goteborgs Sparvagar
GOTEBORG, Sweden, Nov. 5, 2003 (PRIMEZONE) -- Volvo Buses (Nasdaq:VOLVY) (Other OTC:VOLVF) (Other OTC:VOLAFK) has won an order for 64 buses from Goteborgs Sparvagar (Gothenburg Tramway Ltd). Environmental aspects have been extremely important, natural gas buses and exhaust emission control filters on diesel buses will improve the environment in Gothenburg. The buses will be delivered in May 2004.
Translucent Partners, Inc.
pmcwreport.net Comments on the Players in the Digital Multimedia Revolution
BOSTON, Nov. 5, 2003 (PRIMEZONE) -- Readers of Paul McWilliams' investment newsletter, the pmcw Report (http://www.pmcwreport.net/), have been hearing about his views of a digital multimedia revolution for quite some time. McWilliams coined the phrase "TriMedia" back in 1998 to describe what he saw coming. TriMedia is "the delivery of video, voice and data over a single Internet Protocol broadband pipe."