latest news releases from the newsroom
Teleca Finalises Outsourcing of Development Operation in Norway
MALMO, Sweden, Nov. 1, 2002 (PRIMEZONE) -- Teleca (Stockholm:TELCb) and Ericsson have finalised an outsourcing agreement where Ericsson's Norwegian GPRS development activities are transferred to Teleca. On September 25, Teleca and Ericsson signed a letter of intent to enter the outsourcing agreement, which has now been finalised.
PrimeZone Launches "Pricing Wizard"
Los Angeles, November 1, 2002 (PRIMEZONE) -- PrimeZone Media Network, the nation's No. 3 press release wire service, has announced the implementation of its new "Pricing Wizard," an interactive service that helps communication professionals compute their wire and communications costs.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Retek, Inc. -- RETK
BALTIMORE, Oct. 31, 2002 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who acquired Retek, Inc. (Nasdaq:RETK) securities between October 17, 2001 and July 8, 2002, inclusive (the "Class Period").
Glancy Binkow & Goldberg LLP
Glancy & Binkow LLP: 12 Days Remaining to Move to be a Lead Plaintiff in Shareholder Lawsuit Against ESS Technology, Inc. -- ESST
LOS ANGELES, Oct. 31, 2002 (PRIMEZONE) -- Glancy & Binkow LLP -- the first firm to file a class action lawsuit against ESS Technology, Inc. based upon recent events -- announces 12 days remaining to move to be a lead plaintiff in the shareholder lawsuit. All persons and institutions who purchased securities of ESS Technology, Inc. ("ESS" or the "Company") (Nasdaq:ESST) between January 23, 2002 and September 12, 2002, inclusive (the "Class Period"), may move the Court, not later than November 12, 2002, to serve as lead plaintiff, however, you must meet certain legal requirements.
Northrop Grumman Corp.
Northrop Grumman's Air Combat Systems Earns Highest Rating for Software Development Processes
EL SEGUNDO, Calif., Oct. 31, 2002 (PRIMEZONE) -- The Air Combat Systems business area of Northrop Grumman Corporation's (NYSE:NOC) Integrated Systems sector has received the Software Engineering Institute's (SEI) Level 5 Software Maturity rating, the institute's highest. This places the business area in the top 4 percent of Department of Defense and other federal government contractor organizations that have been measured against SEI's stringent computer software development standards.
Calton, Inc. Announces New Member to Board Of Directors
VERO BEACH, Fla., Oct. 31, 2002 (PRIMEZONE) -- Calton, Inc. (AMEX:CN) announced today that the Company's Board of Directors increased the number of directors from six to seven, and elected John G. Yates to serve as a new member of the Board of Directors at their meeting on October 30, 2002. He has been appointed as a Class II director, to hold office until the Annual Meeting of Shareholders is held in 2003.
Credit Suisse First Boston Charged With Securities Fraud by the Pomerantz Firm on Behalf of Purchaseres of Agilent Technologies -- A
NEW YORK, Oct. 31, 2002 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit in the United States District Court for the Southern District of New York against Credit Suisse First Boston Corporation ("CSFB") and Elliott Rogers ("Rogers"), a Managing Director and Senior Analyst in the Global Technology Group of CSFB, on behalf of investors who purchased the common stock of Agilent Technologies, Inc. ("Agilent" or the "Company") (NYSE:A) during the period from December 13, 1999 through September 9, 2002, inclusive (the "Class Period"). The lawsuit charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing false and misleading analyst reports on Agilent in a bid to win or maintain lucrative banking and advisory work from the Company.