latest news releases from the newsroom
Telia: The Finnish Ministry of Transport and Communications Announcement in Reference to CEO Anders Igel
STOCKHOLM, Sweden, Nov. 7, 2002 (PRIMEZONE) -- Minister Sasi on Telia's (Other OTC:TLAAF) CEO Anders Igel's relinquishment from the Board of TeliaSonera: "The Republic of Finland considers that the balance in the TeliaSonera Board composition has now been met when Anders Igel has relinquished from his seat on the Board of TeliaSonera. The balance has been agreed in the Shareholders' Agreement between the Republic of Finland and the Kingdom of Sweden. Thus, there is no obstacle for the Republic of Finland to exchange its Sonera (Nasdaq:SNRA) shares into Telia shares in Telia's Exchange Offer. The Republic of Finland intends to tender its shares on November 8, 2002."
The Superhero of New York City -- New Book Gives Imaginative Retelling of Hercules' Heroism in the Modern World
ALBUQUERQUE, N.M., Nov. 7, 2002 (PRIMEZONE) -- Respected theologian Samuel H. Miller once wrote, "In the muddled mess of this world, in the confusion and the boredom, we ought to be able to spot something - an event, a person, a memory, an act, a turning of the soul, the flash of bright wings, the surprise of sweet compassion." Author Charles Blakemore introduces us to one of these inspiring phenomena in his latest novel, "The Labors of Herkimer: A Myth for Our Time" (now available through 1stBooks Library).
Harwood Feffer LLP
Class Action Suit Against Broadwing, Inc. Commenced by Wechsler Harwood LLP -- BRW
NEW YORK, Nov. 7, 2002 (PRIMEZONE) -- The law firm of Wechsler Harwood LLP ("Wechsler Harwood") announces that a class action lawsuit was filed on November 6, 2002, on behalf of purchasers of the securities of Broadwing, Inc. ("Broadwing" or the "Company") (NYSE:BRW) between January 17, 2001 and May 20, 2002, inclusive. A copy of the complaint filed in this action is available from the Court, or can be viewed on Wechsler Harwood website at: http://www.whesq.com.
Independent Tests Show HumaTech's Promax Formulas Yield Higher Price Per Pound for Cattle
HOUSTON, Nov. 7, 2002 (PRIMEZONE) -- HumaTech, Inc. (OTCBB:HUMT), the manufacturer and distributor of organic-based nutrients for animals, today announced that a major feedlot customer had successfully completed two independent tests of one of its Promax(r) feed ingredient formulas -- used primarily in the beef cattle feedlot market -- with cattle raised on this feed ingredient yielding higher per pound prices from the meat packer.
Anders Igel Relinquishes his Seat on the Board of TeliaSonera
STOCKHOLM, Sweden, Nov. 7, 2002 (PRIMEZONE) -- During the Telia (Other OTC:TLAAF) EGM on Monday, November 4, an election resolution was passed regarding the composition of the Board for the combined entity TeliaSonera. One of these elected members was Anders Igel, presently CEO of Telia. This decision by the EGM is applicable conditional upon and effective from the date, whereby Telia has access to the shares in Sonera (Nasdaq:SNRA) acquired as a consequence of the publicly announced offer to Sonera shareholders. The Finnish state claims that the decision to elect Anders Igel on the Board of TeliaSonera is not in accordance with the shareholders' agreement between Sweden and Finland.
United Online, Inc.
United Online Reports GAAP Net Income of $1.5 Million, or $0.03 Per Share, in Fiscal First Quarter
WESTLAKE VILLAGE, Calif., Nov. 7, 2002 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet access through its NetZero and Juno Internet services, today reported results for its fiscal first quarter ended September 30, 2002.