latest news releases from the newsroom
Volvo's Truck Plant in New River Valley Awarded Environmental Prize
GOTEBORG, Sweden, Sept. 23, 2005 (PRIMEZONE) -- The Volvo Group's truck plant in New River Valley, Virginia, in the U.S., has been awarded a local environmental prize for the intensive efforts made at the plant to reduce emissions. The prize -- the 2005 Governor's Environmental Excellence Award -- was awarded to the plant in recognition of a number of measures to improve the environment.
MorphoSys Announces Cross Licensing of Technologies with Lilly: AME Patent Dispute Settled
MARTINSRIED, Germany, Sept. 23, 2005 (PRIMEZONE) -- MorphoSys AG (Frankfurt:MOR) (Prime Standard Segment:TecDAX) today announced a cross license agreement with Eli Lilly and Company on the use of certain recombinant protein technologies. Under the agreement, MorphoSys receives a license under the Kauffman patent estate to generate and screen certain recombinant peptide and protein libraries and to commercialize any resulting products. Financial terms were not disclosed. The agreement also provides Lilly access to the MorphoSys HuCAL GOLD(r) technology for Lilly's internal research and development programs. For any therapeutic antibodies Lilly develops under the agreement, it will pay MorphoSys exclusive licensing fees, success fees, milestone payments and royalties on end products. This agreement is part of a settlement to resolve patent litigation initiated by Applied Molecular Evolution (AME), a wholly owned subsidiary of Lilly, involving several U.S. patents of the Kauffman patent family.
INFINITE Software Corporation
California Software to Release New Version of INFINITE Migration Suite in October
SAN CLEMENTE, Calif., Sept. 22, 2005 (PRIMEZONE) -- California Software Corporation (Pink Sheets:CSWX), a leader in legacy extension, business intelligence and loan production software for banks, credit unions and consumer lending institutions and developer of the award-winning INFINITE and LPS product lines, announced today that it will release an expanded version of its popular INFINITE Migration Suite for the iSeries legacy environment.
Tribeworks Announces B.S.P 'Paddy' Marra as New CFO
SAN FRANCISCO, Sept. 22, 2005 (PRIMEZONE) -- Tribeworks, Inc. (OTCBB:TWKS) today announced the appointment of B.S.P. 'Paddy' Marra as Chief Financial Officer, replacing David C. Hayes, who has resigned as CFO and as a Director of the company, to pursue other interests.