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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject9/12/2001 10:45:27 AM
From: Jim Spitz  Read Replies (1) of 37746
 
Company News


Published Sep 12 2001

Osmonics Inc., Minnetonka, has been awarded a $3.8
million contract for a reverse osmosis system to purify Brazos
River water from the Granbury Reservoir southwest of Fort
Worth, Texas. The Brazos River Authority contracted
Osmonics to reduce dissolved minerals in the Brazos River to
meet World Health Organization standards for drinking water.

St. Jude Medical Inc., Little Canada, said it received
approval from the Food and Drug Administration and the
European Union for its newest vascular closure product, the St.
Jude Medical Angio-Seal STS Platform.

Colle+McVoy, Bloomington, has named Charles Kushell
CEO. Kushell previously was CEO and president of New York
City-based Focus One Media Group.

Comedicus Inc., Columbia Heights, has has signed a
three-year agreement with E-Medirect GmbH for marketing,
sales and distribution of its PerDucer pericardial access device
and its accessories throughout the European Union.

ADDCO Inc., St. Paul, has been awarded a $3.6 million
contract to design and implement intelligent transportation
systems in Minnesota, including Rochester and Mankato, by
the Minnesota Department of Transportation.

Rapids Power, Grand Rapids, Minn., has requested a
certificate of need from the Minnesota Public Utilities
Commission for a proposed co-generation project adjacent to
the Blandin Paper facility in Grand Rapids. Rapids Power, a
limited liability company owned by Minnesota Power
subsidiary Rainy River Energy Corp. and Blandin Paper, a
subsidiary of UPM-Kymmene of Helsinki, Finland, proposes to
build and own the project.

ADC Telecommunications Inc., Minnetonka, has named
Robert Annunziata and Larry Wangberg to its board of
directors. Annunziata is chairman of Velocita Corp., and
Wangberg is chairman and CEO of TechTV.

Best Buy Co. Inc., Eden Praire, and Netflix, an online DVD
rental source, have formed a marketing alliance. They have
launched a co-branded DVD rental service that is accessible
through BestBuy.com, SamGoody.com, MediaPlay.com,
OnCue.com and Suncoast.com. Best Buy will launch
joint-marketing programs at its 1,800-plus retail stores this
fall. In turn, Netflix directs its customers interested in buying
DVDs to Best Buy's Web sites.

© Copyright 2001 Star Tribune. All rights reserved.
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