latest news releases from the newsroom
Drott AB Reports Property Sales
STOCKHOLM, Dec. 20, 2002 (PRIMEZONE) -- Drott (Other OTC:DOTBF) has divested two residential properties for SEK198 million with a pretax profit of SEK 35 million
Myrient, Inc. Receives 'E' Designation
ALISO VIEJO, Calif., Dec. 20, 2002 (PRIMEZONE) -- Myrient (OTCBB:MYNTE), an Outsourced IT solutions provider, today announced that it has not filed its form 10-K Annual Report for the fiscal year ended 8/31/2002 with the Securities and Exchange Commission within the required time period, and may not be able to timely file it within the appropriate extended deadlines, according to Bryan Turbow, its President and CTO.
Petroleum Geo-Services ASA
Petroleum Geo-Services Uses Option to Defer Distributions on Trust Preferred Securities
OSLO, Norway, Dec. 20, 2002 (PRIMEZONE) - Petroleum Geo-Services ASA ("PGS") (NYSE:PGO) (OSE:PGS) announced today that it is deferring distribution payments on the preferred securities issued by its wholly owned trust subsidiary PGS Trust I (PGO PrA), commencing with the December 31, 2002 distribution payment. Under the terms of the securities, PGS has the option to defer distributions for up to 20 consecutive quarterly periods without causing a default.
Universal Computer Systems
Universal Computer Systems Offers Open Database Connectivity
HOUSTON, Dec. 20, 2002 (PRIMEZONE) -- Universal Computer Systems today announced its Open Database Connectivity (ODBC) capability. ODBC is a software tool that enables users to extract data from their UCS Application Server and pull it directly into any ODBC-enabled program, such as Microsoft(r) Word, Excel, Access, and Seagate Crystal Reports.