latest news releases from the newsroom
KMT Company Enters Partnership in the U.S. With New Large Customer
UPPLANDS VASBY, Sweden, Sept. 18, 2002 (PRIMEZONE) -- The KMT Company UVA International has been appointed a new partner by one of the world's largest system suppliers within the automotive industry. The cooperation concerns precision grinders used in the production of vital engine components. Agreement regarding considerable deliveries to the customer's plants in the U.S. and in Europe has been made and initial orders have been placed. The deal will contribute considerably to UVA's turnover during the next few years.
Board of Haldex AB to Purchase the Company's Own Shares
STOCKHOLM, Sweden, Sept. 18, 2002 (PRIMEZONE) -- The Board of Haldex AB has today decided to utilize the mandate to purchase the company's own shares, given by the Annual Shareholders' Meeting April 9, 2002, which means that a maximum of 10% of the company's total shares may be purchased up to the next Annual Shareholders' Meeting in 2003. At present, Haldex holding of own shares is 131.470 shares, equal to 0.6% of the total number of shares.
Svensk Exportkredit AB (SEK)
Svensk Exportkredit AB Brings USD Benchmark
STOCKHOLM, Sweden, Sept. 18, 2002 (PRIMEZONE) -- Svensk Exportkredit AB (SEK) issued its first benchmark transaction for the year 2002 on September 17th. The original size of the transaction was USD 500 million. The day after launch the amount was increased to USD 600 million due to good demand. Nomura is lead manager.
New Composition of Nordea's Group Executive Management
STOCKHOLM, Sweden, Sept. 18, 2002 (PRIMEZONE) -- Following the appointment of Lars G. Nordstrom as new Group CEO, the composition of, and the responsibilities within, Nordea's Group Executive Management will be changed as from 1 October 2002.
Pennsylvania Chamber of Business and Industry
PA Chamber Partners with NeriVerbanac to Publish `The Insider' Statewide Political Newsletter
HARRISBURG, Pa., Sept. 18, 2002 (PRIMEZONE) -- The Pennsylvania Chamber of Business and Industry has partnered with Harrisburg-based NeriVerbanac Public Affairs to publish The Insider, a new, non-partisan newsletter and capital report devoted to covering statewide politics. In conjunction, with the "Election Year Edition" of the 18th Annual Chamber Dinner, to be held Monday, September 23, 2002, at the Hershey Lodge and Convention Center, the September issue of the The Insider will feature exclusive interviews with both gubernatorial candidates, Republican Mike Fisher and Democrat Ed Rendell.
Viscount Systems Inc.
Viscount Announces Contracts for Guardphone System
BURNABY, B.C., Sept. 18, 2002 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) President and CEO, Stephen Pineau, is pleased to announce The Company has secured a contract through Viscount dealer M&R Electronics to provide Enterphone building communications systems for the high-profile Grand Plaza project in downtown Chicago. The Grand Plaza comprises approximately 764 residential units in two towers of 37 and 53 floors. The systems will be used for deliveries, screening guests and communicating with building residents.
Virage Rolls Out Foreign Language Support for Newest Products
SAN MATEO, Calif., Sept. 18, 2002 (PRIMEZONE) -- Virage, Inc. (Nasdaq:VRGE) today announced that its latest platform products, including the SmartEncode(tm) VideoLogger(r) 5.0 and the Virage Solution Server(tm) (VSS) 4.0, are available in simplified Chinese, German, and Japanese languages. With more than 350 customers worldwide, Virage is a leading provider of video and rich media communication software.