Jan. 28--PRNewswire/AsiaNet
COMPANY ANNOUNCEMENT...
TOKYO: Internet service provider Crayfish Co., Ltd. today announced it has revised the terms of its alliance with Intranets K.K. Intranets K.K. "will no longer be included as a consolidated subsidiary in Crayfish's consolidated financial results under Japanese Generally Accepted Accounting Principles (Japan GAAP) as of December 31, 2001", the company said.
WEBCAST PRESENTATION...
CAMBRIDGE: Millennium Pharmaceuticals, Inc. will webcast live its presentation to the U.S. Bancorp Piper Jaffray Health Care Conference on January 29, 2002. Millennium senior management will provide an overview of the Company, and the presentation may be accessed under the "investor relations" tab at www.millennium.com.
DEMENTIA STUDY...
SALZBURG: The results of a new clinical study on the treatment of vascular dementia were presented at the Second International Congress on Vascular Dementia (ICVD) in Salzburg, Austria. Treatment with the drug, ARICEPT(R), "improved the cognitive and global (overall) function of patients with vascular dementia (VaD), compared with placebo", a media release said.
COMPANY MERGER...
TORONTO: Sun Life Financial Services of Canada Inc. today announced details of the latest developments in its proposed transaction with Clarica Life Insurance Company. Clarica "has begun the distribution to its shareholders and voting policyholders of a proxy circular and has provided a notice of special meeting that will be held on Wednesday, March 6, 2002 in Toronto to vote on the transaction", the company said.
AIRPORT ACCESS...
ATLANTA: Delta Air Lines Chairman and CEO Leo F. Mullin today commented on the tentative decision to open Heathrow Airport to service by more U.S. air carriers, saying it "is a welcome and important step that benefits transatlantic customers by providing more competition to the most important airport in the U.S./Europe market". "We strongly urge the U.S. and U.K. governments to reach an open skies agreement as soon as possible", said Mr Mullin, (and) "the conclusion of this accord is one of the final obstacles to creating a more competitive and consumer-friendly U.S.-U.K. aviation marketplace."
TECHNOLOGY ALLIANCE...
AUBURN HILLS: MSX International, Inc. today announced it has formed a technology alliance with IBM, "and has chosen the company as its preferred provider of technology infrastructure services", according to a press release. Under a $45 million agreement,IBM will manage MSX's data centers worldwide and "provide systems integration for the development of new technologies that support MSX International's global customers", the company said.
REAL ESTATE...
SINGAPORE: The International Development Research Council will be canvassing a variety of issues for corporate real estate executives at its Singapore World Congress on March 20-22, 2002. The Congress will "examine how corporations are refocusing their priorities to maximize value in times of dramatic political, social and economic change", and "will include best practices and innovative solutions from around the globe", a media release said.
FINANCIAL RESULTS...
TOKYO: Internet security provider Trend Micro, Inc. today revised its earning projections for the fiscal year ending December 31, 2001. The amended projections are "due to an unexpected increase in demand for antivirus products in Japan and Europe", the company said, and will announce financial results for the fiscal year 2001 on February 7, 2002.
(AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full-text versions).