latest news releases from the newsroom
Abas-USA and CEIMIS Enterprises Announce Joint PLM Effort
HERNDON, Va. and LAGUNA HILLS, Calif., Oct. 18, 2002 (PRIMEZONE) -- abas-USA and CEIMIS Enterprises have joined forces to bring the latest in PLM software to the midmarket manufacturing arena. abas-USA will be offering the MAGIK! Engineering PLM package developed by CEIMIS. PLM (Product Life Cycle Management) is the process that enables world-class enterprises to create, deliver and support their products better than before. MAGIK! PLM is a family of applications that work together to shrink your product development cycle times, allowing your organization to produce more products in less time with more features and higher quality.
Careside Files Chapter 11
CULVER CITY, Calif., Oct. 18, 2002 (PRIMEZONE) -- Careside, Inc. (AMEX:CSA), a provider of point-of-care blood analysis instrumentation, today announced that it had filed voluntary petition under Chapter 11 of the US Bankruptcy Code in the United States Bankruptcy Court for the Central District of California. Chapter 11 provides a debtor an opportunity to continue its business operations and to serve its customers while it reorganizes. Careside intends to emerge from the Chapter 11 process in a much stronger and financially sound position.
MTG Radio Well Ahead of Competitors
STOCKHOLM, Sweden, Oct. 18, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that its radio stations have a combined commercial share of listening of 35% in Sweden and reach more than 1 million listeners each day, according to the latest figures from official industry research company RUAB. RIX FM has consolidated its position as the largest commercial radio network in Sweden with a 27% share of commercial listening and 755,000 daily listeners.
TietoEnator: New Business Area Comparison Figures for First Half of 2002 and 2001
ESPOO, Finland, Oct. 18, 2002 (PRIMEZONE) -- Certain TietoEnator (Other OTC:TCYBF) units in Germany, Denmark and The Netherlands have been transferred from Business Area Telecom & Media to Business Areas Banking & Finance and Public & Healthcare. The reorganization has been done in order to strengthen the vertical position of Banking & Finance in Germany and the Netherlands and that of Public & Healthcare in Denmark as well as to better reflect the customer base of the units. Additionally, one Finnish unit formerly belonging to Business Area Banking & Finance has been transferred to Business Area Telecom & Media. As a whole, the units in question generate net sales of approximately EUR 30 million annually and employ some 240 people.