latest news releases from the newsroom
OM Acquires Sweden's Most Advanced Data Center
STOCKHOLM, Sweden, Jan. 17, 2002 (PRIMEZONE) -- OM has acquired the operations and staff of Hostmark, the Swedish subsidiary of WorldPort Incorporated. Hostmark's operations consist of operating and hosting business critical systems from a data center outside Stockholm. The data center will be integrated with OM's newly formed business area for facility management - Global Services - handling facility management and hosting of systems for companies within financial and energy markets. The investment is already expected to have a positive impact on results in 2002.
SCA: Acquisition of Protective Packaging Company in the U.S.
STOCKHOLM, Sweden, Jan. 17, 2002 (PRIMEZONE) -- SCA has acquired, through its subsidiary Tuscarora, the US protective packaging company Polyfoam Packers Corp. for USD 22 million, about SEK 230 million, on a debt-free basis. The acquisition corresponds to 5.7 times operating surplus (EBITDA), based on earnings in the most recent 12 months. The acquisition is calculated to provide a CVA index of about 2, thereby exceeding SCA's weighted capital cost (WACC) by at least 100 percent.
Neoware Raises the Bar in Remote Management of Thin Client Appliances
KING OF PRUSSIA, Pa., Jan. 17, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, today announced a significant upgrade for its ezRemote Manager software, the enterprise-class suite of management tools designed to lower the cost of administering large networks of smart, connected devices. With unique enhancements designed to ease administration, save time, and lower cost, ezRemote Manager 2.3 makes Neoware's Eon and Capio families of computing appliances even more versatile with new capabilities not found in other thin client appliance products.
3rd Gripen Wing Inaugurated
STOCKHOLM, Sweden, Jan. 17, 2002 (PRIMEZONE) -- Today, Gripen operations started at the third wing to receive Gripen aircraft, F21 at Lulea in the north of Sweden. Two Gripen aircraft with F21 pilots landed at their new home and were welcomed by some 600 guests.
QXL ricardo plc
QXL and MSN Announce Pan-European Marketing Partnership
LONDON, Jan. 17, 2002 (PRIMEZONE) -- QXL ricardo plc ("QXL") (LSE:QXL.L) (Nasdaq:QXLCD) (Frankfurt:QXL.F), today announces that it has signed a strategic marketing partnership with MSN, Europe's number one web destination. This agreement is effective in Denmark, Finland, France, Germany, Norway, Spain, Sweden and the U.K.
Prevas Bioinformatics Develops Research Data Management Solution for Biovitrum
STOCKHOLM, Sweden, January 17, 2002 (PRIMEZONE) -- Prevas Bioinformatics and a project team at Biovitrum have together entered the first phase in an effort to create a data management solution for the Biovitrum research organization. The mission is to develop a system that integrates data from different stages in the research process. The project, of totally 60 man weeks, will create functionality for cross-database searches and decision tracking down to lab results.
ZAP and eMOTORS Create Marketing Alliance
SEBASTOPOL, Calif., Jan. 17, 2002 (PRIMEZONE) -- Electric scooter pioneer ZAP (Nasdaq:ZAPP) today announced it has signed a cooperative marketing agreement with eMOTORS of San Rafael, California.