latest news releases from the newsroom
Tom Petty and the Heartbreakers to Appear on Music Choice Concert Series
HORSHAM, Pa., Jan. 22, 2003 (PRIMEZONE) -- Music Choice, the largest provider of commercial-free digital music via cable and satellite, and distributor of an exclusive Concert Series through a nationwide network of cable systems, today announced that a special TOM PETTY AND THE HEARTBREAKERS performance will be featured on the Music Choice Concert Series from January 27 through February 9. The Music Choice Concert Series showcases a wide range of artists and musical formats in a 60-minute show with live performances and interview segments, reaching over 25 million cable households.
Teleca's Global Mobile Device Business Strengthened With New Subsidiary in Korea
MALMO, Sweden, Jan. 22, 2003 (PRIMEZONE) -- Teleca (Stockholm:TELCb)today announce that the collaboration is backed by new orders in Asia, with an estimated value of more than $8m US during the second half of Q4 2002, Teleca is now opening a new subsidiary in Seoul Korea. The new operation will address the emerging markets in Asia and leverage the potential for increased business within mobile devices and consumer electronics.
Universal Stainless & Alloy Products, Inc.
Universal Stainless Reports Fourth Quarter Results
BRIDGEVILLE, Pa., Jan. 22, 2003 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today reported sales of $15.9 million for the fourth quarter ended December 31, 2002 and a net loss of $82,000, or $0.01 per diluted share. This compares with sales of $21.8 million and net income of $1.9 million, or $0.31 per diluted share, in the year ago fourth quarter.