latest news releases from the newsroom
Olicom Reports Full-Year 2002 Financial Results
COPENHAGEN, Denmark, Feb. 7, 2003 (PRIMEZONE) -- For 2002, Olicom's (Other OTC:OLCMF) net result was a loss of DKK 18.2 million ($2.6 million), which is in accordance with the previously announced expectations for 2002. The result of primary operations was a loss of DKK 39.5 million ($5.6 million), of which write-down of investments in portfolio companies amounted to DKK 22.8 million ($3.2 million). The result of discontinued business was a profit of DKK 15 million ($2.1 million), which primarily relates to the termination of lease commitments with lower costs than originally expected and the refund of customs duty.
Sapa: Board Membership Proposals
STOCKHOLM, Sweden, Feb. 7, 2003 (PRIMEZONE) -- In view of the upcoming Annual General Meeting of Sapa AB (Other OTC:SPKKF) (Stockholm:SAPA) to be held on Friday, April 11, 2003, shareholders representing 85 per cent of the voting rights in Sapa have informed the Company that they intend to propose the re-election of the following board members: Per-Olof Eriksson, Anders Carlberg, Ole Enger, Lennart Evrell, Leif Gustafsson, Mats Qviberg and Staffan Bohman.
Continued International Expansion: Sectra Establishes an Office in Australia
LINKOPING, Sweden, Feb. 7, 2003 (PRIMEZONE) -- The Swedish IT and medical technology company Sectra (Other OTC:SSBBF) (Stockholm:SECTb) announces the opening of a new office in Sydney, Australia. This move will allow Sectra to give local service to its partners and users in the Australian and New Zealand diagnostic imaging market