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MELVILLE, N.Y. and DAVIDSON, N.C., Sept. 16, 2022 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout North America, today announced that Martina McIsaac will join the company on Monday, Oct. 3 as Executive Vice President and Chief Operating Officer. In this newly created role, McIsaac will have overall responsibility for the day-to-day operations of the company's United States and Canada businesses, including Sales, Field Service/Solutions, Category Management, Procurement, Pricing and Supply Chain.
McIsaac will join MSC following a nine-year tenure with Hilti Corporation, a multinational company that develops, manufactures and markets hardware, software and services for the construction, building maintenance, energy and manufacturing industries. Most recently, she served as Region Head and Chief Executive Officer of Hilti, Inc., leading the North America organization to significantly outperform the market with strong top-line and profit growth. Prior to joining Hilti, McIsaac held a series of progressively responsible leadership roles with Avery Dennison, a Fortune 500 global materials science and manufacturing company. During her 14-year tenure with Avery Dennison, McIsaac served in a range of sales, marketing, business development and operational roles in Mexico, Argentina, Chile, Canada and the U.S. prior to being named Vice President and General Manager of the Performance Polymers Division.
McIsaac earned a bachelor's degree in economics from Western University and a master's degree in international business from the University of South Carolina, where she serves on the board of the Folks Center for International Business. An advocate for diversity, equity and inclusion, McIsaac is a signatory to the Catalyst CEO Champion for Change pledge, joining other high-profile leaders who are personally committed to advancing women, including women of color, into senior leadership positions. She also chairs the Dallas Habitat for Humanity Women Build, is a member of the Texas Women's Foundation's Economic Leadership Council and serves on the Board of Directors for United Way of Metropolitan Dallas.
"We are delighted to welcome Martina to MSC. She brings strong leadership experience and has displayed outstanding ability to drive growth and success in an inclusive manner. She also has shown a commitment to delivering meaningful solutions and value to customers to improve performance, which aligns well with our purpose and approach to helping manufacturers solve their mission-critical challenges and boost the efficiency and effectiveness of their operations," said Erik Gershwind, President and Chief Executive Officer for MSC.
"With Martina focused on further improving our day-to-day operations, we look forward to producing industry-leading levels of organic growth and profitability, enhancing operational excellence across our organization, and developing a diverse and talented team of future MSC leaders, while preserving and building upon our unique culture and values."
McIsaac added, "I'm thrilled to be joining MSC, which has a rich history of driving innovation in the industrial distribution industry, a highly experienced team of more than 6,500 dedicated associates committed to delivering exceptional customer service, and a vibrant, healthy culture of doing the right thing for all of its stakeholders, including associates, customers, owners and suppliers."
With McIsaac moving into the Chief Operating Officer role, Doug Jones, Executive Vice President & Chief Supply Chain Officer, will begin transitioning his areas of responsibility to McIsaac in the coming months as part of his planned transition to retirement following a highly successful career with MSC spanning more than two decades. Jones will remain in his full-time role until early 2023, at which time he will move into a part-time advisory role overseeing the completion of several key supply chain initiatives.
"Doug has been a valuable member of MSC's leadership team for more than 20 years, playing a critical role in elevating our operational performance across the entire supply chain lifecycle," Gershwind said. "We are grateful for his outstanding leadership and wish him the very best as he transitions into retirement."
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2 million products, inventory management and other supply chain solutions, and deep expertise from over 80 years of working with customers across industries. Our experienced team of more than 6,500 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. For more information on MSC, please visit mscdirect.com.
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SOURCE MSC Industrial Supply Co. | https://www.wibw.com/prnewswire/2022/09/16/martina-mcisaac-join-msc-industrial-supply-co-executive-vice-president-amp-chief-operating-officer/ | 2022-09-16T14:12:20Z |
TSX.V: EU
OTCQB:ENCUF
www.encoreuranium.com
CORPUS CHRISTI, Texas, Sept. 6, 2022 /PRNewswire/ - enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) today announced the completion and installation of all (five) baseline wells within the uranium mineralization at the 100%-owned, fully licensed Rosita Extension Project Production Authorization Area (PAA) wellfield. In addition to establishing baseline conditions in the production area, the wells returned excellent uranium values with Grade Thicknesses (GT*) ranging from 0.932 to 5.139. The Company also reports it has commenced installation of production well patterns (injection and extraction wells) at the Rosita Extension PAA, South Texas as the initial source of uranium feed for the Rosita Central In-Situ Recovery (ISR) Uranium Processing Plant.
- Baseline Drill Hole BL-41 reported 22.0 feet of mineralization grading 0.234% U3O8 from a depth of 184 feet;
- In addition to an indication of grade of mineralization in the PAA, the baselines wells also serve to establish groundwater quality standards;
- Commencement of installation of the production well patterns (injection and recovery wells) with 5 drill rigs are currently active at the Rosita Extension PAA drilling;
- Commencement of hydrologic and water quality testing of the baseline and monitor wells (see enCore news release dated August 25, 2022);
- The Rosita Extension PAA is the first production area planned as a new source of uranium for the Rosita ISR Uranium Processing Plant;
- The Rosita Extension PAA is located within the existing Radioactive Materials License, Underground Injection Control Permit and Aquifer Exemption areas at the Rosita Project;
Please visit https://bit.ly/3CTWeT4 to view Rosita project maps and view the Rosita drill program video at: https://www.youtube.com/watch?v=DlFSTsFvPnA&t=1s. To learn more about the environmental, social and low-cost advantages of uranium in-situ recovery, visit https://encoreuranium.com/industry-and-media/in-situ-recovery/.
All intercepts are between 210 and 245 feet below surface in saturated sands (required for ISR). The water table is located approximately 95 - 115 feet below surface.
*Grade Thickness, or GT, is defined as the product of the mineral grade (at the .02% U3O8 cutoff) multiplied by the thickness of the mineralization at or above the cutoff value. GT values of 0.3 and above are considered to be the minimum for inclusion in a wellfield. Values of 0.45 are considered typical ISR ore-grade for shallow deposits.
enCore's Rosita Plant, located approximately 60 miles from Corpus Christi, Texas, is a licensed, past-producing in-situ recovery (ISR) uranium plant that is completing refurbishment. The final stage of refurbishment work will be completed with the delivery of six pumps that have been delayed due to unexpected supply chain interruptions. We remain on budget and the delay is not expected to impact scheduled production startup in 2023. The Rosita Plant is designed to process uranium feed from multiple satellite operations, all located in the South Texas area, and is 1 of 11 licensed and constructed uranium processing plants in the United States, 2 of which are owned by enCore Energy.
All drill holes are 5.625-inch diameter rotary-mud holes. Each hole is logged with electrical and gamma methods upon completion. Any anomalous gamma readings are followed up with Prompt Fission Neutron (PFN) surveys which provide direct and accurate in-situ uranium values eliminating any concerns over disequilibrium. The Company owns and operates 2 logging trucks and 5 PFN tools.
Many uranium deposits have a degree of disequilibrium, whereby the radioactivity measured in drill holes using traditional gamma methods does not accurately correspond to ore grade, due to the continued decay of uranium daughter products including potassium, thorium, lead and bismuth relative to radium (Ra226), a significant gamma emitter. Traditionally, accurate uranium values are therefore determined by chemical assay of drill core which is time consuming and expensive.
Without accurate uranium values, the potential for inaccurate estimates of mineralization on both the high and low side is ever present. Real-time PFN analysis accurately eliminates potential errors by using neutron activation to directly detect and quantify uranium content in place down the drill hole.
The PFN tool creates very fast neutrons (14MeV) and fires 108 neutrons per second. Therefore, the neutrons emitted by the PFN tool excite, at an atomic level, in-situ uranium atoms in the drill hole, creating fast (epithermal) neutrons and slow (thermal) neutrons. The ratio of epithermal to thermal neutrons is proportional to uranium, allowing the U3O8 ore grade to be accurately calculated. This provides a relatively inexpensive and instantaneous means for accurate assaying of in-situ ore grades over large areas, and it allows for accurate ore body mapping, resource estimation, and wellfield planning.
Mark Pelizza, MSc. Geo. Eng., CPG-11821, a Director for the Company, and a Qualified Person under NI 43-101, has approved the technical disclosure in this news release.
To learn more about the environmental, social and low-cost advantages of uranium in-situ recovery, visit https://encoreuranium.com/industry-and-media/in-situ-recovery/
With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1, enCore is the most diversified in-situ recovery uranium development company in the United States. enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. The South Dakota-based Dewey Burdock project and the Wyoming Gas Hills project offer mid-term production opportunities, with significant New Mexico uranium resource endowments providing long-term opportunities. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore is committed to engaging and working with local communities and indigenous governments to create positive impact from corporate developments.
1 Mineral resource estimates are based on technical reports prepared in accordance with NI43-101 and available on SEDAR as well as company websites at www.encoreuranium.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the intended use of the net proceeds of the Offering and the completion of any capital project or property acquisitions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; inability to access additional capital; the ability of enCore to implement its business strategies; and other risks. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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SOURCE enCore Energy Corp. | https://www.mysuncoast.com/prnewswire/2022/09/06/encore-energy-completes-baseline-wells-installation-begins-drilling-injection-recovery-wells-rosita-extension/ | 2022-09-06T11:31:46Z |
Health Net Assisting Members in Siskiyou County During State of Emergency
SACRAMENTO, Calif., August 1, 2022 /PRNewswire/ -- In response to Gov. Gavin Newsom's declared state of emergency in Siskiyou County, Health Net is providing special assistance to ensure its members affected by the ongoing wildfire have access to essential prescription medications and other healthcare services to help them cope with grief, loss, stress or trauma.
- During evacuations, members in Siskiyou County affected by the wildfire can obtain an emergency supply from the drug store where they originally filled their prescription.
- If their drug store is closed, members can call Health Net at 1-800-400-8987 for assistance.
Health Net members can also call MHN for coping support. MHN can offer referrals to mental health counselors, local services, or phone consultations. These services can help members cope with grief, stress, or trauma related to the wildfires. MHN operates their hotline 24 hours a day, seven days a week and can be reached at 1-800-227-1060.
If members cannot reach their primary care provider during a declared state of emergency, Health Net provides access to telehealth services at no cost. To make an appointment, members should reference the back of their Health Net ID card for more information on how to access telehealth services. Members can find this same information by registering with and logging on to HealthNet.com.
Doctors and nurse practitioners can call Health Net at 1-800-641-7761 for help with:
- Emergency prescription refill guidelines
- Escalating approvals to reduce approval turnaround times
- Approval for out-of-network treatments when in-network resources are unavailable
Depending on how long the members need additional assistance, Health Net may take additional steps to ensure its members have access to necessary healthcare services as necessary.
At Health Net, we believe every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Founded in California more than 40 years ago, we're dedicated to transforming the health of our community, one person at a time. Today, Health Net's 2,600 employees and 90,000 network providers serve 3 million members. That's nearly 1 in 12 Californians. We provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare — Coverage for Every Stage of Life™. Health Net also offers access to substance abuse programs, behavioral health services, employee assistance programs and managed health care products related to prescription drugs. We offer these health plans and services through Health Net, LLC and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a Fortune 25 company that offers affordable and high-quality products to nearly 1 in 15 individuals across the nation. For more information, visit www.HealthNet.com.
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SOURCE Centene / Health Net | https://www.wibw.com/prnewswire/2022/08/01/health-net-providing-special-assistance-members-affected-by-wildfires/ | 2022-08-01T20:57:10Z |
DALHART, Texas (KAMR/KCIT) — Rancher Larry Alford knows all too well what many of his fellow farmers and ranchers are going through right now.
“You don’t run near as many cattle and you’ve got to sell some you don’t really want to,” he said.
The ongoing drought and the cost of care are pushing more cattle to market sooner than normal.
“That’s why a lot of the little light calves are selling right now, you usually come in the fall, but there’s nothing for them to eat,” he explained.
“We’re seeing a lot of calves and yearlings are coming to town early that normally wouldn’t be sold until sometime in October,” said Curtis Lockhart, owner of Cattleman’s Livestock Commission Company. “So a lot of the calves are light, on average, probably 50 to 100 pounds lighter than what they normally are for this time of year.”
Why such a large number of early sell-offs?
“Hay, cubes, pellets, protein sources of any kind. Those products have more than doubled in price this year,” Lockhart said.
Lockhart told us they’re seeing about a 35% increase in the number of cattle coming through his auction compared to the average summer.
“We’re selling cows so that our cow herd as a nation is probably, I would, I would assume it’s probably the lowest numbers we’ve had in quite some time. So as far as our cow herd that’s diminished,” he emphasized.
A diminished herd is driving up the price for calves and yearlings, mix that with high demand, and it’s a perfect storm for higher prices. But, auction houses aren’t the only ones feeling the effects of these early sell-offs.
“They’re going to feed yards, they’re kind of plugging up some of these feed yards. So that’s going to be an issue short term,” Lockhart predicted.
Jason Smith, Associate Professor and Extension Beef Cattle Specialist at Texas A&M Agrilife Extension explained, “moving forward, conditions are going to be really challenging for feed yards.”
“Not only are there fewer cattle, that means that those cattle are going to be more expensive for those feed yards to purchase them.”
So, how expensive is it for ranchers to care for livestock?
Lockhart says in an average year, cattle in this area go for about a dollar per pound. In 202, it was about eighty cents a pound.
This year?
“Because of the price of corn and hay and protein prices, we’re easily at $1. 30 $1.40 right now. I’m hearing some higher,” he said.
It’s a problem that could also affect the auctions themselves.
“If we have a market that typically markets a certain number of animals, they typically have buyers for a certain amount of animals. If we receive a far greater number of animals for that market on that week, there will probably be buyers for those animals, they’re not going to be as likely to bid those animals as high as they would’ve if there was more demand,” Associate Professor Smith said.
All of it, boiling down to one issue.
“I mean, it just you can’t afford to keep the cost of gains too high. I mean, you’re not getting enough return for your money,” Alford emphasized. | https://cw33.com/news/texas/area-ranchers-settle-cattle-early-due-to-area-drought-conditions/ | 2022-08-17T23:42:10Z |
MONTRÉAL, May 5, 2022 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that shareholders voted in favour of all items of business put forth by BCE at the company's Annual Meeting of Shareholders today, including the election of the Directors by a majority of the votes cast by shareholders present or represented by proxy:
Please visit BCE.ca for complete Director biographies. Information regarding all matters subject to a vote during BCE's Annual Meeting is available on SEDAR.com.
BCE is Canada's largest communications company, providing advanced Bell broadband wireless, Internet, TV, media and business communications services. To learn more, please visit Bell.ca or BCE.ca.
Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace initiatives throughout the country. To learn more, please visit Bell.ca/LetsTalk.
Media inquiries:
Marie-Eve Francoeur
514-391-5263
marie-eve.francoeur@bell.ca
Investor inquiries:
Thane Fotopoulos
514-870-4619
thane.fotopoulos@bell.ca
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SOURCE Bell Canada | https://www.wibw.com/prnewswire/2022/05/05/bce-announces-election-directors/ | 2022-05-05T20:08:42Z |
LOS ANGELES, June 15, 2022 /PRNewswire/ -- The team at Our Best Life Companies is thrilled to announce two major internal promotions as part of an ongoing effort to expand their mission. Chief Administrative Officer Wanda Perez is being promoted to Chief Operating Officer and Chief Investment Officer Timothy Vandecar will be accepting the position of Chief Financial Officer.
Wanda has been instrumental in the day-to-day business operations of OBL-- even before the company integrated multiple practices. Her 15-plus years of experience in the dental industry has given her invaluable knowledge of all things practice-management. Her deep personal connection and attention to the team and patients at each individual OBL practice make her a natural choice to become the COO of the company.
Timothy, In his time as CIO, leveraged his many years of experience in healthcare banking to drive OBL's expansion strategy through practice acquisition, de novo launches, and asset management. This expanded role will have Timothy overseeing all financial aspects of business operations as OBL moves into Q2 and continues its strategic growth plan.
Both Wanda and Timothy's commitment to sustainable practice growth and support of daily operations are key components of OBL's mission: to provide the best dental care, foster the best team members, and reach as many patients as possible.
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SOURCE Our Best Life Companies | https://www.kxii.com/prnewswire/2022/06/15/announcing-exciting-staff-developments-our-best-life-companies/ | 2022-06-15T17:43:45Z |
THESSALONIKI, Greece (AP) — A British man has been charged in Greece with several offenses after his flight from London to Cyprus was diverted, authorities said.
One of the charges, a felony, is endangering transportation and passenger and crew safety. The charges were pressed after the 22-year-old man faced a prosecutor Saturday.
The easyJet flight to Paphos, Cyprus, was diverted to Thessaloniki late Friday after the passenger had apparently exhibited unruly behavior and fought with fellow passengers and the crew. The charge sheet says several empty bottles of alcoholic drinks were found on his seat.
The man is being held pending a Monday appearance before an examining magistrate, where he will answer the charges or be given a few days to do so, with the detention extended until then. | https://cw33.com/business/ap-business/ap-british-airline-passenger-faces-charges-in-greece/ | 2022-09-04T18:15:39Z |
SINGAPORE, June 27, 2022 /PRNewswire/ -- In the first half of 2022, the "Metaverse" concept reached an unprecedented popularity peak marked by the release of the new NFT assets of BAYC. In just a few weeks, it has calmed down with the decline of the Web3 market, and numerous NFT projects are facing the pressure of roadmap progress and metaverse construction. However, metaverse games are not instant products; professional development, large-scale operation, and maintenance can be pretty challenging for most PFP projects. For DigiNation, metaverse game + NFT is a familiar combination, and they actually develop a platform to help those Web3 projects creating own metaverse.
DigiNation is a framework and portal for 3D metaverse games; projects and communities may develop various kinds of games based on it. And after the integration of the NFT contract, holders can enter these games with their own NFT to engage for social, game missions, and customized token economics.
Unlike other metaverse projects, the design and positioning of DigiNation are not just to create its own metaverse game but to support as a middle layer for metaverse games. In other words, DigiNation provides NFT projects and developers with a toolkit that allows them to create customized metaverses and interact with other metaverses in the same ecosystem. Starting from the underlying infrastructure, DigiNation can help new projects to land metaverse games in a short time without complicated development and maintenance of software and hardware.
DigiNation has recently made some updates in terms of products to meet market demands and announced the launch of new ecosystem products based on iOS and Android.
Ecosystem products based on iOS and Android
The primary focus of DigiNation is developing the mobile version and releasing ecosystem products based on iOS and Android in Q3.
Combined with the operational experience of the DigiNation team and the current game market situation, developing the mobile version is a vital expansion strategy. It can also significantly improve the actual game performance data of the project. At the same time, the market and operational experience from the team will be used in the traditional game field to actively introduce traditional game players in various regions into the DigiNation metaverse. Although there are still numerous glitches in the compatibility between the mobile version and crypto applications, DigiNation hopes to be able to blend a practical model with appropriate adjustments and strategies.
Previously, DigiNation has extended its integration strategy with existing crypto projects. Some collaborations have been reached but not all announced. Once the framework of the mobile version matures, several games in collaboration with different crypto projects and developers will be published. In addition, the framework of DigiNation supports token economics during game development and leaves the developers to decide whether and how to use it.
Expansion of the DigiNation account system
Games built with the framework will also connect to the DigiNation account system, including Web2 and Web3 accounts. Web2 accounts are the ones registered through traditional methods, e.g., Emails. Web3 accounts consist of native published DigiAvatars NFT and other integrated NFT through collaborations.
Players who enter the ecosystem with Web3 accounts enjoy significantly improved privileges and interests compared to Web2 players, such as higher weighting in each game economic system and even a global multiplier under the ecosystem.
Each integrated Web3 project is categorized with a coefficient based on the contribution to the ecosystem through collaboration with DigiNation. This coefficient will significantly affect the benefit of individual players from the project.
"Babel", the new flagship of DigiNation
After the Alpha Test, the next important launch of DigiNation will be a metaverse game based on the DigiNation framework, codenamed "Babel". This game will be cross-platform, supported with iOS, Android, and PC, and promoted to both Crypto and Non-Crypto game players.
"Babel" was developed by DigiNation in cooperation with an experienced game team in Singapore as the first customized metaverse game under the DigiNation framework. As a flagship, it will fully demonstrate the advantages and extensibility of the DigiNation framework and serve as a gateway for future customized metaverses. It is expected that Play 2 Earn will be enabled sometime after its launch and will support all NFT projects integrated with DigiNation to participate.
Conclusion
Undoubtedly, the metaverse's core assets are the user-generated content by players in the games. More players can only be attracted to the games when the content is rich.
What DigiNation builds is an aggregating game platform with highly modularized technical resources and common interested player groups. For communities with plans for metaverse games, the products and services brought by DigiNation can significantly accelerate the roadmap progress and enhance community cohesion.
As the crypto market slumped, confidence has been cracked down. And it is the right time to demand more high-quality and reliable products, that help to support and rebuild the market confidence. DigiNation, with its abundant experience and unique business model, is pioneering the edge of gamefi, and may eventually create a brand new metaverse concept with a widened horizon.
Media Contact: mkt@digination.io
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SOURCE DigiNation | https://www.mysuncoast.com/prnewswire/2022/06/27/digination-will-launch-metaverse-game-babel-ecosystem-products-based-ios-android/ | 2022-06-27T09:54:34Z |
$315 Million in Medicine and Medical Supplies, $14.7 Million in Direct Financial Assistance Provided in First Three Months of War
SANTA BARBARA, Calif., June 6, 2022 /PRNewswire/ -- In the three months since Russian forces began their invasion of Ukraine on Feb. 24, Direct Relief has been one of the largest charitable providers of medical aid to Ukraine, delivering more than 650 tons (1.3 million pounds) of medicines and supplies with a wholesale value of more than $315 million.
The medical aid includes 101 million defined daily doses of medicine, including antibiotics, insulin, mental health medicines, cancer treatments, chemical weapons antidotes, COVID-19 treatment and more.
Direct Relief has also provided over $14.7 million in direct financial assistance to other organizations in the region. The cash assistance has included direct payments for Ukrainian refugees in Poland to cover prescription medication copays, as well as operating funds for health facilities providing care in Ukraine.
"Direct Relief's three-month report on humanitarian assistance to Ukraine reflects the generosity of an extensive private coalition of individuals and businesses globally," said Direct Relief President and CEO Thomas Tighe.
As the war continues, Direct Relief is approaching the response along two parallel tracks – supporting people experiencing the conflict inside Ukraine, and for who have fled Ukraine to neighboring countries.
Direct Relief last week published a report detailing the medicine, supplies and financial assistance donated, as well as a summary of financial contributions received from individuals, corporations and others.
As of May 24, Direct Relief has received 117,611 Ukraine-designated financial contributions totaling $79,624,504 from individuals, foundations, businesses, and organizations located in 79 countries (including Ukraine, the Russian Federation, and Belarus as well as all U.S. states and territories). The contributions came from 91,822 donors, some of which were aggregations of donations from countless individuals. For example, millions of individuals who play Fortnite contributed to these efforts through in-game purchases and subscriptions, which were aggregated and donated to Direct Relief by Epic Games.
Consistent with Direct Relief's Donation Policies, 100 percent of funds received for specific emergency situations are devoted entirely to those situations, and none of these funds are used for fundraising.
Thus far, of the total Ukraine-designated cash contributions received to date, Direct Relief has expended or committed $21.1 million to improve the health and lives of people affected by the war. Among the uses of funds are $14.7 million in financial assistance to organizations supporting Ukrainians and Ukrainian refugees (including $10 million for prescription medication costs for refugees in Poland) and $2.4 million on procurement of oxygen concentrators, emergency medic packs, and other supplies.
When the war erupted, Direct Relief quickly established contact with the Ministries of Health of Moldova, Poland, Romania, Hungary, and Slovakia, as well as nonprofits in these countries, in order to provide support for the health-related needs of refugee populations.
Direct Relief expects it will take years for Ukraine's health systems and its people to recover from the war's destruction, and the organization is planning for a multi-year response.
"Direct Relief will continue to provide assistance to the Ukrainian people, both those who remain in Ukraine as well as those who have fled the country and may be unable to return for years to come," Tighe said.
Corporate Support
Direct Relief's ability to furnish a large portion of the extensive medical material support without the expenditure of donor funds was due to the in-kind donations from healthcare manufacturers and distributors, many of which Direct Relief works with on an ongoing basis.
Healthcare company donors responded expansively to requests for their participation. Included among them are 3M, Abbott, AbbVie, Accord Healthcare, Ajanta Pharma, Alvogen, Amgen, Apotex, AstraZeneca, Baxter International, Bayer, Becton Dickerson, Boehringer Ingelheim Cares, Covidien, Eli Lilly & Company, GSK, Hikma, ICU Medical, Janssen Pharmaceuticals, LifeScan, McKesson Medical-Surgical, Medtronic, Merck & Co., Merck KGaA, MSD, Novo Nordisk, Pfizer, Sanofi, Takeda Pharmaceuticals, Teva Pharmaceuticals, Unilever, and Viatris.
In addition, the State of California Office of Emergency Services (CalOES) donated seven Field Hospital Content Kits. Each kit contains the equipment needed to set up a 50-bed field hospital, and the hospitals have been deployed to high conflict areas.
Information Assistance
In addition to the provision of medical material and financial aid in response to the crisis, Direct Relief has been a critical supplier of information. Within Ukraine, Direct Relief assisted with crowdsource data collection on the needs of internally displaced persons, including their origins and destinations, and access to key services and goods including health care, food, water, shelter, and livelihoods.
At the same time, Direct Relief has also collected data on the needs and goods availability of over 950 private pharmacies throughout Ukraine over the past 2.5 months, including many located in areas of significant conflict. The pharmacy data has been incorporated into the cross-validation of MOH needs lists. Important insights were shared with first responders, healthcare partners, and Ukrainian health officials, as well as with United Nations agencies and international assistance organizations to help them determine how to best prioritize and deploy their respective resources. Key analysis sharing partners include the World Bank, UNICEF, UNHCR, IOM, the Health Cluster, Mercy Corps, and others.
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SOURCE Direct Relief | https://www.kxii.com/prnewswire/2022/06/06/direct-relief-provides-more-than-650-tons-medical-aid-ukrainians-since-wars-start/ | 2022-06-06T20:28:28Z |
DETROIT, Sept. 12, 2022 /PRNewswire/ -- University of Detroit Mercy ranks among top national universities by U.S. News & World Report for a fourth year in a row, earning a No. 202 rank in the 2023 National Universities category. Detroit Mercy is the highest ranked private university in Michigan.
Other ranks include:
- Best Value Schools, National Universities – No. 40
- Best Undergraduate Business Programs, Finance – No. 44
- Best Undergraduate Nursing Programs – No. 172
- A+ Schools for B Students
"Detroit Mercy is pleased to be ranked among the top institutions of higher education in the U.S. The outstanding quality and affordability of a Detroit Mercy education is what attracts top students to the University. Our efforts to ensure their success represent the core of everything we do and I want to thank our faculty, staff, board of trustees, alumni, the neighborhood community and friends for helping us achieve these new rankings," said President Donald B. Taylor.
This year's rankings also provide an opportunity to highlight initiatives and developments that have taken place this past year.
Detroit Mercy recently opened the new Student Union, where they can complete financial aid, registration, eat, congregate and socialize. The Student Union is one phase of the multi-million-dollar McNichols Campus Renovation Project.
In February, the College of Engineering & Science received a $1-million National Science Foundation (NSF) grant that allows Detroit Mercy and partners to improve access to high-quality computer science education to high school students in Detroit Public Schools Community District.
The McAuley School of Nursing (MSON) was selected as one of only 50 schools from 28 states to participate in the American Association of Colleges of Nursing (AACN) project "Building a Culture of Belonging in Academic Nursing," which works to create inclusive learning environments and build a more diverse nursing workforce.
Philosophy Professor Juan Carlos Flores recently won a $295,000 grant from the National Endowment for the Humanities (NEH) to create the first critical edition of writings by 13th Century philosopher Henry of Ghent.
Detroit Mercy has also established programs geared toward student and industry needs.
- An accelerated 5-year Health Services Administration master's program (Health Professions).
- A Master of Science in Ethical Leadership (College of Business Administration).
- An accelerated Bachelor of Social Work geared toward transfer students that can be completed in one year.
For more, please visit www.udmercy.edu.
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SOURCE University of Detroit Mercy | https://www.kxii.com/prnewswire/2022/09/12/us-news-amp-world-reports-2023-best-colleges-ranks-university-detroit-mercy-among-top-us-universities-fourth-consecutive-year/ | 2022-09-12T16:50:45Z |
VANCOUVER, BC, July 14, 2022 /PRNewswire/ - The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V) (FSE: OSI) ("VERY GOOD" or the "Company"), today announced that its board of directors has approved the grant of stock options (the "Options") exercisable for a total of 3,715,000 common shares ("Common Shares") to certain employees (including officers) and directors. All Options were granted pursuant to the Company's stock option plan and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange ("TSX-V").
The Options were granted at an exercise price of $0.305, being the closing price of the Company's Common Shares on the TSX-V on July 13, 2022. The Options will vest over a period of 12 months with 25% of the Options vesting every four months commencing on the date of grant. The Options have a three-year term until July 14, 2025.
The VERY GOOD Food Company Inc. is an emerging plant-based food technology company that produces nutritious and delicious plant-based meat and cheese products under VERY GOOD's core brands: The VERY GOOD Butchers and The VERY GOOD Cheese Co. www.verygoodfood.com.
OUR MISSION IS LOFTY BUT BEAUTIFULLY SIMPLE: GET MILLIONS TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM DO THE WORLD A WORLD OF GOOD. BY OFFERING PLANT-BASED FOOD OPTIONS SO DELICIOUS AND NUTRITIOUS, WE'RE HELPING THIS KIND OF DIET BECOME THE NORM.
ON BEHALF OF THE VERY GOOD FOOD COMPANY INC.
Parimal Rana
Chief Executive Officer
This news release contains "forward-looking information" within the meaning of applicable securities laws in Canada and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934, as amended (collectively referred to as "forward-looking information"), for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking information may be identified by words such as "plans", "proposed", "expects", "anticipates", "intends", "estimates", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes, but is not limited to, the option grant and the terms thereof. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to, material assumptions with respect to the Company's ability to continue as a going concern; the Company's ability to manage recent personnel changes; and the Company's ability to successfully execute on its updated business strategy outlined in its most recently filed interim Management's Discussion and Analysis for the three months ended March 31, 2022, which is available at www.sedar.com and www.sec.gov. The Company's ability to execute on its strategy may also depend on the Company's ability to accurately forecast customer demand for its products and manage its current and future inventory levels, continued demand for VERY GOOD's products, continued growth of the popularity of meat alternatives and the plant-based food industry, no material deterioration in general business and economic conditions, the successful placement of VERY GOOD's products in retail stores and distribution in the food service channel, the Company's ability to remain listed on the Nasdaq, VERY GOOD's ability to successfully enter new markets, VERY GOOD's ability to obtain necessary production equipment and human resources as needed, VERY GOOD's relationship with its suppliers, distributors and third-party logistics providers, and management's ability to position VERY GOOD competitively. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because VERY GOOD can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of VERY GOOD to differ materially from those expressed or implied in such forward-looking information include, among others, the impact of, uncertainties and risks associated with negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, competition, risks relating to the availability of raw materials, risks relating to regulation on social media, expansion of facilities, risks related to credit facilities, dependence on senior management and key personnel, availability of labor, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, risks related to third party logistics providers, unfavorable publicity or consumer perception, increased costs as a result of being a United States public company, product liability and product recalls, risks related to intellectual property, risks relating to co-manufacturing, risks related to expansion into the United States; risks related to our acquisition strategy, taxation risks, difficulties with forecasts, management of growth and litigation as well as the risks associated with the ongoing COVID-19 pandemic. For a more comprehensive discussion of the risks faced by VERY GOOD, please refer to VERY GOOD's most recent Annual Information Form filed with Canadian securities regulatory authorities at www.sedar.com and as an exhibit to the Form 20-F filed with the SEC on May 26, 2022 and available at www.sec.gov. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date of this news release. VERY GOOD undertakes no obligation to publicly update or revise any forward-looking information whether because of new information, future events or otherwise, except as otherwise required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
None of the Nasdaq Stock Market LLC, TSX Venture Exchange, the SEC or any other securities regulator has either approved or disapproved the contents of this news release.
None of the Nasdaq, the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), the SEC or any other securities regulator accepts responsibility for the adequacy or accuracy of this news release.
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SOURCE The Very Good Food Company Inc. | https://www.wibw.com/prnewswire/2022/07/14/very-good-food-company-grants-stock-options/ | 2022-07-14T23:41:11Z |
SHENZHEN, China, Sept. 10, 2022 /PRNewswire/ -- On September 9th, VOOPOO unveiled two new products of DRAG series, DRAG H80S and DRAG E60. As products of star series, since VOOPOO released the product preview, it has received extensive attention from global DRAG fans. Compared with the previous VOOPOO products of DRAG series, such as the most popular products DRAG X and DRAG S, DRAG H80S and DRAG E60 are more simplified in design and vaping experience.
Integrated Design, Easy to Enjoy Professional Device
From the compact appearance, air adjusting rotating gear, oil-filling hole and magnetic battery cover are all integrated into the body of two new products, which is more tactile and comfortable in grip. DRAG H80S is the most compact DRAG ever. The integrated design makes DRAG H80S 15% smaller in size. DRAG E60, with special mini shape and streamlined unibody of leather and metal.
The pod of DRAG H80S and DRAG E60 equipped with adjustable pod airflow, just rotate the pod to adjust the airflow with asymmetric air inlets. Besides, different from DRAG S and DRAG X, there is no need to pull out the pod or press the silicone plug, just unscrew the cover of mouthpiece, and fill e-liquid from the oil filling hole.
New Power Mode and Large Capacity, Lasting and Economic
Equipped with 2550mAh built-in large battery, DRAG E60 meets the needs of long-time vaping. DRAG H80S is compatible with single 18650 external battery.
The two products have the innovative ECO mode. It provides you more lasting vaping experience. Activating the ECO Mode enlarges 10% more vaping puffs, which meet the needs under low battery capacity.
When the battery capacity is 40% left, the interface will indicate the ECO Mode button. And you can choose whether to enter.
Multiple Innovations, Enhanced Vapor and Upgraded Flavor
DRAG H80S and DRAG E60 are originally designed with the airway with a basin structure, which gathers smooth and soft airflow. The basin also holds the condensate for easier cleaning.
The new PnP coil was ingeniously upgraded in structure design, in which the Dual in One Tech fastens the temperature rise and effectively atomizes every e-liquid and realizes a rich cloud and fine taste. Meanwhile, it improves the atomization efficiency by consuming less e-liquid.
DRAG H80S and DRAG E60 renew your impression on DRAG series at the first look and refresh experience in vaping!
WARNING: This product may be used with e-liquid products containing nicotine. Nicotine is an addictive chemical.
About VOOPOO
VOOPOO was established in 2017 and has rapidly risen through DRAG products, which have been widely acclaimed globally in a short period of time. As a high-tech enterprise with R&D, design, manufacturing, and branding, VOOPOO has four major product series — ARGUS, DRAG, VINCI, and V. Currently, VOOPOO has a presence in more than 70 countries in North America, Europe, and Asia.
Website: https://www.voopoo.com/
Instagram: https://www.instagram.com/voopootech_official/
Facebook: https://www.facebook.com/voopooglobal
YouTube: https://www.youtube.com/c/VOOPOO
Tiktok: https://www.tiktok.com/@voopoofans
Shop: https://shop.voopoo.com/
CONTACT: nical.zhang@voopootech.com
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SOURCE VOOPOO | https://www.kxii.com/prnewswire/2022/09/10/new-drag-new-halo-voopoo-drag-new-products-released/ | 2022-09-10T19:02:53Z |
ST. JAMES, N.Y., April 1, 2022 /PRNewswire/ -- Gyrodyne, LLC (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties ("Gyrodyne"), announced that on March 30, 2022, the Town of Smithtown Planning Board unanimously granted Gyrodyne's application for preliminary subdivision approval with respect to its Flowerfield property, subject to certain conditions including final approval of a stormwater pollution prevention plan, revisions as may be required pursuant to a SEQRA findings resolution adopted earlier and separation of common areas into separate lots.
The Smithtown Planning Board issued its approval of Gyrodyne's subdivision application after earlier that day adopting a findings resolution required under the State Environmental Quality Review Act, and then conducting a public hearing on the preliminary subdivision map. The SEQRA findings resolution was a prerequisite to adopting and approving the preliminary subdivision application, and established certain thresholds with regard to future development of the entire Flowerfield property, including but not limited to thresholds on sanitary discharge, traffic, cleared area and required vegetation.
The SEQRA findings resolution and preliminary approval of Gyrodyne's subdivision application reflect the Planning Board's consideration of over four years of public comment and review of voluminous analyses of economic and environmental impacts, including but not limited to traffic, sewage treatment and viewshed.
Paul Lamb, Gyrodyne's Chairman, said, "We are pleased by the Town's adoption of these resolutions as they are a critical gating factor in Gyrodyne's ability to both develop the Flowerfield property in a manner responsive to the community's interests and move the project forward to enhance shareholder value."
The findings resolution and preliminary subdivision application approval allow the subdivision application to proceed to its next phase of final subdivision approval, which includes securing Suffolk County Department of Health and Department of Public Works approvals (pending), New York State Department of Transportation approvals and final subdivision map approval from the Town of Smithtown. In this regard, Gyrodyne will be required to provide additional engineering analysis to the Town of Smithtown, Suffolk County and New York State regarding, among other things, a proposed sewage treatment plant, proposed traffic improvements on local roadways and State Route 25A, and storm drainage, internal roadway and utility infrastructure, much of which analysis has already been completed.
Gary Fitlin, Gyrodyne's Chief Executive Officer, commented that, while additional reviews and filings will need to be conducted, the resolutions are a milestone in Gyrodyne's efforts to steward the development of Flowerfield in a manner that has embraced all stakeholders.
Gyrodyne will continue to actively market its entire Flowerfield property on the basis of nine subdivided lots subject to and contingent upon final approval for the subdivision and related entitlements. Gyrodyne will also seek offers from potential buyers who may be willing to purchase the entire Flowerfield property or portions thereof on an "as is" basis, as well as offers for the company as a whole, that Gyrodyne finds more attractive from a timing or value perspective.
About Gyrodyne, LLC
Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements. Gyrodyne also owns a medical office park in Cortlandt Manor, New York which is also the subject of a subdivision application. Gyrodyne's common shares are traded on the NASDAQ Stock Market under the symbol GYRO. Additional information about Gyrodyne may be found on its web site at www.gyrodyne.com.
Forward-Looking Statement Safe Harbor
The statements made in this press release that are not historical facts constitute "forward-looking information" within the meaning of the Private Securities Litigation Reform Act of 1995, and Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, which can be identified by the use of forward-looking terminology such as "may," "will," "anticipates," "expects," "projects," "estimates," "believes," "seeks," "could," "should," or "continue," the negative thereof, other variations or comparable terminology as well as statements regarding the evaluation of strategic alternatives. Important factors, including certain risks and uncertainties, with respect to such forward-looking statements that could cause actual results to differ materially from those reflected in such forward-looking statements include, but are not limited to, risks and uncertainties relating to our efforts to enhance the values of our remaining properties and seek the orderly, strategic sale of such properties as soon as reasonably practicable, the effect of economic and business conditions, risks inherent in the real estate markets of Suffolk and Westchester Counties in New York, the ability to obtain additional capital in order to enhance the value of the Flowerfield and Cortlandt Manor properties, the potential effects of the recent COVID-19 pandemic on our business, operations and timelines for seeking entitlements and pursuing the sale of our properties and distributions to our shareholders, risks and uncertainties associated with any litigation that may develop in connection with our efforts to sell our properties strategically, including related enhancement efforts, and other risks detailed from time to time in Gyrodyne's SEC reports.
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SOURCE Gyrodyne, LLC | https://www.mysuncoast.com/prnewswire/2022/04/01/gyrodyne-receives-preliminary-subdivision-approval-flowerfield-property/ | 2022-04-01T16:13:34Z |
WATCH: 17-year-old dives into bay to save teen who drove car into water
NEW YORK (WABC) – A 17-year-old dove into a Long Island bay to rescue a classmate after she accidentally drove into the water in an incident caught on camera.
The driver, 18-year-old Mia Samolinski, had accidentally accelerated her Subaru Outback and plunged into the bay.
When people rushed to the dock moments later, high school senior Anthony Zhongor dove into the bay to save her.
“She went pretty deep in there,” he said.
Zhongor had coincidentally just joined the Marines.
“She was banging on the door, banging on the window, trying to break the window of course,” Zhongor said. “And then that kind of got me nervous, scared for her. I took my clothes off and went into the water. The dive was pretty, pretty far, so it was just right there as soon as I looked up, grab the door handle.”
The two had tried to unlock and open the door with no luck.
Zhongor had to find another way to get Samolinski out when he realized he could use his own weight.
“Weight made the nose of the car go deeper into the water, which helped the back get free,” he said. “Open the back up, and she was able to escape from the back.”
Together, they swam back to shore.
“She just came up and said, ‘Oh, my God, thank you’ and was crying, that’s all,” Zhongor said.
Charles Samolinski, Mia’s father, said he was grateful for his daughter’s rescue.
“He jumped out of his car and jumped in and because of that, my daughter is alive and not really harmed, you know?” he said. “I mean, it’s a miracle.”
Zhongor said his actions were not a big deal for him.
“It’s a girl, it doesn’t matter who it was, they were suffering,” he said. “I couldn’t watch anybody suffer in front of me.”
Zhongor graduates this year and will head to boot camp in South Carolina in September.
Copyright 2022 WABC via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/16/watch-17-year-old-dives-into-bay-save-teen-who-drove-car-into-water/ | 2022-06-16T22:46:20Z |
- Grant To Be Used For zSpace Equipment That Allows Students To Learn Using AR
IRVINE, Calif., Aug. 23, 2022 /PRNewswire/ -- The Irvine International Academy (IIA) announced that the Mandarin immersion and STEAM charter school has been awarded a $77,504 grant for STEAM education provided by the Larry & Helen Hoag Foundation.
The purpose of the grant is to assist in the purchase of zSpace materials and equipment, which uses augmented reality technology that allows educators and students to interact and manipulate virtual objects in an innovative 360-degree screen projecting experience. The grant also falls in line with Irvine International Academy's continued focus on STEAM education and project-based learning for all its students.
More important, the use of this unique technology furthers the Academy's priority to prepare its students to be "global citizens" and equip them with the essential skills needed to thrive not just in the United States, but internationally.
"We think it's important to emphasize this vision of global citizenship because one day these incredible children will be out in the world and it's our job to position them best for the future," said Dr. Stefan Bean, Executive Director, Irvine International Academy. "This grant will help our students get excited about the real-world applications of what they're learning – whether it's virtually exploring the human body or virtually creating math solutions – and help them compete in a vast, global community."
The zSpace curriculum will feature lessons and experiences for each grade level of the school's K-6 community. Each zSpace learning station features a laptop with reflector tracking points, a sensor module and a stylus that allows students to learn STEAM subjects using immersive images they can move and manipulate.
The grant was made possible due to the generosity of the Larry and Helen Hoag Foundation, which supports educational institutions and programs that are creative, innovative, efficient and have an impact on the future of their communities. The Foundation has previously awarded the school grants to acquire musical instruments and library books, support campus safety, and hire teacher aides.
The Larry and Helen Hoag Foundation has also pledged to provide Irvine International Academy's Parent Teacher Organization a matching grant of up to $25,000 based on donations the PTO can procure. Those funds will go toward continuing to enrich the STEAM labs and education that students currently receive.
"We are very appreciative of the Larry and Helen Hoag Foundation's support of our mission to become the premier Mandarin immersion and STEAM charter school in the region," said Dr. Bean.
Once the zSpace equipment has been purchased and installed, the devices should be ready for use by students by the end of September.
Irvine International Academy is a Mandarin Immersion and STEAM charter school located in Irvine, California. IIA provides a unique learning environment for students to learn in both English and Mandarin Chinese, and provide students with the best path for educational success. Additionally, students are steeped in the STEAM educational disciplines, including science, technology, engineering, arts and mathematics. For more information on the Irvine International Academy, visit: https://irvineia.org/.
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SOURCE The Irvine International Academy | https://www.wibw.com/prnewswire/2022/08/23/irvine-international-academy-receives-grant-larry-amp-helen-hoag-foundation-augmented-reality-education/ | 2022-08-23T13:42:13Z |
WASHINGTON (AP) — The Education Department has canceled its recognition of an accrediting agency that oversees mostly for-profit colleges, placing in jeopardy the survival of schools that serve about 5,000 students.
The decision bars colleges certified by the Accrediting Council for Independent Colleges and Schools from participating in federal student aid programs unless they can get approval elsewhere. Schools will have 18 months to find new accreditation.
Twenty-seven colleges will be affected, Under Secretary of Education James Kvaal said Friday, although three already are in discussions with other agencies. Department officials did not provide the names of the schools.
The department’s action is the culmination of a years-long effort to put ACICS out of business that began under the Obama administration. Multiple high-profile colleges approved by the agency had misled students about job placement rates, and ACICS hadn’t fulfilled its watchdog role, the Education Department determined. But Betsy DeVos, education secretary under President Donald Trump, restored federal recognition of the agency.
The accreditor’s reprieve was short-lived. In 2020, an investigation by USA Today showed the group had approved a college in South Dakota that lacked evidence of students or faculty. The Education Department began another review of ACICS, and on Friday announced that Deputy Secretary Cindy Marten had denied the accreditor’s final appeal.
At one time, ACICS accredited more than 240 institutions that, in 2015, received a combined $4.76 billion in federal aid and enrolled more than 600,000 students.
In a statement posted on its website, ACICS said it was disappointed by the decision. “We are evaluating all of our options and how best to serve our institutions, including any decision to appeal the Deputy Secretary’s decision in federal district court,” the statement said.
Accrediting agencies serve as gatekeepers for the federal government, vouching for the legitimacy and quality of colleges. If a college is approved by a recognized accreditor, it can receive federal money, such as student loan payments or Pell Grants. That money is crucial for many universities’ survival, especially the for-profit colleges approved by ACICS.
“ACICS is known for accrediting some of the most infamous colleges like Corinthian Colleges and ITT that engaged in widespread wrongdoing,” Kvaal said. “The cost of that wrongdoing to students and taxpayers is still being tallied.” As recently as this week, the Education Department forgave nearly $4 billion in debt of over 200,000 former ITT Tech students. Their college credits and degrees were of questionable value after the school closed.
Similarly, the Biden administration in June canceled federal student debt for hundreds of thousands of students who had attended Corinthian Colleges. Once one of the nation’s largest for-profit college companies, Corinthian shut down in 2015 amid widespread findings of fraud.
Kvaal said the decision was made not because of ACICS’ history or reputation, but because it had failed to meet minimum standards required of accreditation agencies. Those duties include monitoring colleges whose finances or practices put them at risk of closing while students are in the middle of their degrees.
Students at the 27 schools accredited by ACICS will not immediately lose their financial aid. Their schools will receive provisional certification that allows them to participate in federal financial aid programs while they look for new accreditation.
“Unless a court orders otherwise, the department has a responsibility to enforce accountability in the accreditation system and to ensure that students and taxpayers are protected,” Kvaal said.
The department’s decision requires the affected schools to submit “teach-out” plans for students to complete their studies in the event the college must close. Colleges also will be barred from admitting new students to programs that cannot be completed in 18 months and from adding new programs or locations that qualify for federal aid.
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Thompson reported from Denver.
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The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content. | https://cw33.com/news/politics/ap-politics/accreditor-of-for-profit-colleges-loses-federal-recognition/ | 2022-08-19T22:25:18Z |
DAVOS, Switzerland (AP) — Egypt, host of the next United Nations summit on climate change, will push countries to make good on their pledges to sharply reduce greenhouse gas emissions, facilitate “non-adversarial” talks on compensation to developing countries for global warming impacts and allow climate activists to protest, said the incoming president of COP27.
In an interview Monday with The Associated Press, Egyptian Foreign Minister Sameh Shoukry, who is also the president-designate of the next annual Conference of the Parties, to be held in November in the Red Sea resort city Sharm El-Sheikh, called the overall goal “implementation.”
Shoukry said the last summit, held last year in Glasgow, Scotland, finalized many commitments made during the Paris Agreement in 2015, which aimed to reduce emissions aimed at limiting global warming to 1.5 Celsius (2.7 Fahrenheit) since pre-industrial times.
“The commitments and the pledges now have to be implemented in all sectors of the climate change agenda, whether it’s in adaptation, mitigation or finance, loss and damage,” said Shoukry, who was attending the World Economic Forum in Davos, Switzerland.
In recent years, many developing nations and activists have increased long-standing calls to establish a fund to compensate poor countries for devastation brought about by climate change, disproportionately caused by rich countries because of past emissions.
The call was rejected during last year’s summit. Many supporters of the idea, often called “loss and damage,” hope to make progress on it in November. Their arguments could get a boost by the symbolic significance of this conference being held in Egypt, a developing nation in North Africa.
“We hope that the discussion (on loss and damage) is comprehensive, but it is non-adversarial,” said, Shoukry, adding that there should be a recognition among all countries “that we are all in the same boat and for us to succeed, we all have to succeed.”
Shoukry said protests would be allowed during the conference. Egyptian authorities crack down on demonstrations not sanctioned by the government and retain the right to cancel or postpone any protests, leading activists to wonder what, if any, demonstrations would be able to happen, a common occurrence at previous COPs.
“We are developing a facility adjacent to the conference center that will provide them the full opportunity of participation, of activism, of demonstration, of voicing that opinion,” said Shoukry. “And we will also provide them access, as is traditionally done on one day of the negotiations, to the negotiating hold itself.”
Protests at global U.N. climate conferences often fill the streets with floats and banners and go on for days. The protests as well as booths and press conferences outside the official facilities make up a conference of their own, although they are not where critical language on carbon commitments is hammered out.
Shoukry said during meetings in Denmark earlier this month around climate pledges he invited protesters who were outside to speak with him. He called the meeting “productive” and that Egypt’s climate goals lined up with those of many protesters.
“We recognize their impact, their determination, their commitment to keep us all honest as governmental representatives and parties that we should not be delinquent and rising to the occasion and dealing with this very important issue,” he said.
Ahead of hosting the conference, Egypt has been racing to launch many agreements around renewable energies. In March, Egypt and Norway signed an agreement for several projects around green hydrogen and building green infrastructure projects in African countries. Egypt and clean energy company Scatec also signed a $5 billion memorandum of understanding to establish a plant in the Suez Canal area for producing green ammonia from green hydrogen. Such deals come on the heels of years of steady investment in wind and solar technologies.
Shoukry said Egypt was relying as much as possible on renewable energy in the building of several new cities, including a new administrative capital east of Cairo. Critics have called it a “vanity project,” but the government has said it’s necessary to absorb Cairo’s booming population, expected to double to 40 million people by 2050.
Shoukry said a rapid shift to renewable energies presented enormous opportunities for investors, a common argument of proponents. When asked whether fossil fuel companies could or should be part of the transition to renewable energies, an argument made by oil and gas companies, including many at the Davos conference, Shoukry disagreed.
“I can’t say that fossil fuels are part of the solution. Fossil fuels have been the problem,” he said. “We might see in gas a transitional source of energy with certainly less emissions. But I think we have to really move quickly to the net zero goal and we have to apply ourselves more effectively in new technologies, in renewable energy.”
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Peter Prengaman is the Associated Press’ global climate and environmental news director. Follow him here: http://twitter.com/peterprengaman
____
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. | https://cw33.com/business/ap-business/cop27-host-egypt-will-push-for-climate-goals-allow-protests/ | 2022-05-23T19:18:08Z |
With FDA final rule issued today, actionable market insight helps executives make appropriate investment decisions
NEW HAVEN, Conn., Aug. 16, 2022 /PRNewswire/ -- Auditory Insight, a leading consultancy for the hearing healthcare industry, has created a proprietary process for calculating the OTC hearing aid market size. Developing addressable market size has new urgency now that the FDA has released a final rule for a new OTC hearing aid category. The final rule contains the product specifications required to size the market.
"Executives frequently want to know the OTC hearing aid market size. The answer: it depends," counsels Nancy M. Williams, president of Auditory Insight. "A company's product, targeted market segments, and relevant competitors all need to be considered."
Auditory Insight developed a six-step proprietary process to calculate market size for new categories in hearing healthcare:
- Summarize prevalence and number of people with hearing loss, by segment
- Outline penetration of hearing interventions, by segment
- Articulate features, benefits, and use cases for the product under consideration
- Analyze the product's direct competitors and strength of their offerings
- Identify the product's targeted market segments
- Calculate addressable market.
Auditory Insight has conducted this process with clients in multiple hearing healthcare sectors, including cochlear implants, drug therapies, and direct-to-consumer hearing aids.
Calculating addressable market, based on the data and analysis gathered in previous steps, is equal parts art and science. "That's where our expertise comes in," explains Williams. "With more than five years of exclusive focus on hearing healthcare market development, combined with our extensive knowledge bases, we are uniquely positioned to advise executives and investors."
For the first two process steps—outlining patient populations and current interventions—Auditory Insight leverages its own research study, created expressly for this purpose. "We recognized in 2019 the criticality of this data for executive decision-making," notes Williams. "The study is available for purchase to create flexible options for our clients: Hearing Loss Market Size and Segmentation in the US."
Auditory Insight's study is an original synthesis of biostatistical research on 10,000 surveyed participants with hearing loss and a new meta-analysis of top academic research on the hearing loss market size. The study also highlights three strategic, untapped opportunities for expanding the addressable hearing aid market.
"Tapping into Auditory Insight's expertise on how to understand the true addressable market for OTC hearing aids can be the difference between failure and success with this new opportunity," concludes Williams.
Williams is available to meet with hearing healthcare executives who are interested in identifying the OTC market size relevant to their specific business objectives and plans.
Auditory Insight partners with senior leaders of hearing health device and gene/drug therapy companies to develop effective commercialization strategies. The firm also advises growth equity and private equity funds on successful investing in hearing healthcare.
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SOURCE Auditory Insight LLC | https://www.wibw.com/prnewswire/2022/08/16/auditory-insight-urges-hearing-health-executives-size-otc-market-now/ | 2022-08-16T19:19:21Z |
14-year-old charged after 17-year-old brother shot and killed, police say
KOKOMO, Ind. (Gray News) – Police in Indiana have arrested a 14-year-old boy in connection with the death of the boy’s 17-year-old brother.
Police with the Kokomo Police Department said in a release they responded on April 30 to the report of someone who had been shot.
When they arrived, they said they found the 17-year-old suffering from two gunshot wounds. He told officers his 14-year-old brother had shot him and ran from the area.
The 17-year-old was flown to a hospital in Indianapolis where police say he died from his injuries.
Police located the 14-year-old about a mile from the scene where they took him into custody.
He was taken to the Kinsey Youth Center and booked for murder.
A judge can determine if children as young as 12 should be tried as adults for murder, according to Indiana law.
Teens ages 16 or 17 who are accused of murder are automatically tried as adults.
The case is still under investigation. Anyone with information is asked to contact the Kokomo Police Department Hotline at 765-456-7017.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/01/14-year-old-charged-after-17-year-old-brother-shot-killed-police-say/ | 2022-05-01T21:51:55Z |
Harris to announce $1 billion to states to help them prepare for floods, extreme heat
WASHINGTON (AP) — The White House is making more than $1 billion available to states to address flooding and extreme heat exacerbated by climate change.
Vice President Kamala Harris is set to announce the grant programs Monday at an event in Miami with the head of the Federal Emergency Management Agency and other officials. The competitive grants will help communities across the nation prepare for and respond to climate-related disasters.
“We know that the impacts of the climate crisis are here, and that we must invest in building resilience to protect our communities, infrastructure and economy,’’ the White House said in a statement.
The announcement comes as the death toll from massive flooding in Kentucky continued to climb on Sunday amid a renewed threat of more heavy rains. In the West, wildfires in California and Montana exploded in size amid windy, hot conditions, encroaching on neighborhoods and forcing evacuation orders.
Multiple Western states continued heat advisories amid a prolonged drought that has dried reservoirs and threatened communities across the region.
Harris will visit the National Hurricane Center for a briefing by the National Oceanic and Atmospheric Administration and FEMA. She also will visit Florida International University, where she is expected to address extreme weather events across the country, including the flooding in Kentucky and Missouri and the wildfires in California.
President Joe Biden announced last month that the administration will spend $2.3 billion to help communities cope with soaring temperatures through programs administered by FEMA, the Department of Health and Human Services and other agencies. The move doubles spending on the Building Resilient Infrastructure and Communities, or BRIC, program, which supports states, local communities, tribes and territories on projects to reduce climate-related hazards and prepare for natural disasters such as floods and wildfires.
“Communities across our nation are experiencing first-hand the devastating impacts of the climate change and the related extreme weather events that follow — more energized hurricanes with deadlier storm surges, increased flooding and a wildfire season that’s become a year-long threat,” FEMA head Deanne Criswell said.
The funding to be announced Monday will “help to ensure that our most vulnerable communities are not left behind, with hundreds of millions of dollars ultimately going directly to the communities that need it most,’’ Criswell said.
A total of $1 billion will be made available through the BRIC program, with another $160 million to be offered for flood mitigation assistance, officials said.
Jacksonville, Florida, was among cities that received money under the BRIC program last year. The city was awarded $23 million for flood mitigation and stormwater infrastructure. Jacksonville, the largest city in Florida, sits in a humid, subtropical region along the St. Johns River and Atlantic Ocean, making it vulnerable to flooding when stormwater basins reach capacity. The city experiences frequent flooding and is at risk for increased major storms.
The South Florida Water Management District in Miami-Dade County received $50 million for flood mitigation and pump station repairs. Real estate development along the city’s fast-growing waterfront has created a high-risk flood zone for communities in the city and put pressure on existing systems, making repairs to existing structures an urgent need, officials said.
The Biden administration has launched a series of actions intended to reduce heat-related illness and protect public health, including a proposed workplace heat standard.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/01/harris-announce-1-billion-states-prepare-floods-extreme-heat/ | 2022-08-01T12:04:56Z |
Bingo, Lite-Brite, Nerf among Toy Hall of Fame finalists
ROCHESTER, N.Y. (AP) — Voting opened Wednesday on which toys should go into the National Toy Hall of Fame this year. The class of 2022 finalists are: bingo, Breyer Horses, Catan, Lite-Brite, Nerf Toys, Masters of the Universe, piñata, Phase 10, Pound Puppies, Rack-O, Spirograph, and the top.
“These 12 toys span the history of play. The top is as old as civilization itself and bingo has been played in some form for hundreds of years,” said Christopher Bensch, vice president for collections at The Strong museum in Rochester, where the hall of fame is housed.
The public is invited to vote online through Sept. 21. The three toys that receive the most public votes will make up a single “Player’s Choice” ballot. That ballot will be counted alongside those turned in by a national selection committee whose members include industry experts, academics and others.
The inductees will be announced Nov. 10.
“All 12 of these toys have what it takes to be contenders for the class of 2022,” Bensch said.
Anyone can nominate a toy for the annual honor, but to be recognized by the hall of fame, toys have to have achieved icon status, longevity and foster learning or discovery. They also must have changed play or toy design.
The National Toy Hall of Fame opened at The Strong in 1998. So far, 77 toys have been inducted, from simple favorites like the paper airplane, bubbles and sidewalk chalk to the even more ubiquitous, including the stick and cardboard box.
Last year’s honorees were American Girl Dolls, Risk, and sand.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/14/bingo-lite-brite-nerf-among-toy-hall-fame-finalists/ | 2022-09-14T16:26:08Z |
Top-performing IGT PlayCasino titles including Cleopatra®, The Big Easy™ and Cash Eruption™ deployed on Planetwin365 casino
LONDON, Sept. 6, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that IGT PlayDigital has grown its partnership with SKS365 Group through an expanded multi-year content agreement. SKS365 Group is the international sports betting and gaming operator of Planetwin365 casino and one of the largest operators in the Italian market. As part of this deal, Planetwin365 casino will leverage IGT PlayDigital's high-performing remote game server (RGS) to offer an expanded content library with exciting new PlayCasino games across the region.
"IGT PlayDigital's broad portfolio of entertaining PlayCasino titles, paired with the Company's extensive knowledge of the Italian gaming market will ensure Planetwin365 casino players have access to world-class content," said Troy Cox, SKS365 Group, Chief Commercial Officer. "Our partnership with IGT PlayDigital includes monthly PlayCasino game releases and promotions that will help strengthen and grow the overall Planetwin365 casino brand."
"IGT PlayDigital's multi-year agreement with SKS365 Group, one of the largest operators in the market, combines two powerhouse gaming companies with deep roots in Italy to deliver market-attuned themes to Planetwin365 casino players," said Gil Rotem, IGT President of iGaming. "By incorporating IGT's high-functioning RGS, Planetwin365 casino can offer an optimal player experience with some of the industry's top-performing games such as IGT's Temple of Fire, Pharaoh's Fortune and Scarab. We look forward to expanding our PlayCasino footprint and continuing to provide best-in-class solutions to Italian players."
Twenty player-favorite IGT PlayCasino games including Cleopatra®, The Big Easy™, Cash Eruption™ and multi-hand Blackjack have joined the existing exciting lineup that includes Gold Digger, Gold Digger Megaways and Majestic Megaways. Planetwin365 intends to enhance its content library with an additional 30 IGT PlayCasino games over the next two months. These engaging games will include proprietary IGT slot themes and video poker games, along with well-known licensed brands.
For more information, visit IGT.com, or follow IGT PlayCasino on LinkedIn or Instagram.
About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
Contact:
Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190
© 2022 IGT
The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.
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SOURCE International Game Technology PLC | https://www.kxii.com/prnewswire/2022/09/06/igt-playdigital-grows-partnership-with-sks365-group-via-expanded-content-agreement-italy/ | 2022-09-06T22:06:35Z |
Most employees believe we're entering a recession, yet 57% will actively look for a new job
Over two-thirds of employees would look for a new job if their compensation package was reduced during an economic downturn
NEW YORK, July 7, 2022 /PRNewswire/ -- Greenhouse has released its Candidate Economic Sentiment Report, revealing that even fear of a looming recession hasn't derailed the Great Resignation – job seekers continue to look for better jobs even during a downturn. The report, surveying over 1,500 employees in the United States, found that 57% of employees would actively look for a new job if we enter an economic recession in 2022, and over 70% of respondents believe we will be in a recession within six months or less.
With the memory of massive layoffs triggered by the pandemic still fresh, two-thirds of employees would look for a new job if their compensation package was reduced during the next recession. Furthermore, almost 60% of employees would consider leaving a company if it cut down on benefits such as the option to work from home, flexible schedules, and wellness initiatives, among others.
While more than half (52%) of employees expect wages to fall during an economic downturn, Greenhouse's findings showed that the large majority of candidates (70%) have an optimistic outlook on the labor market, signaling their continued upper hand in the tight competition for talent.
Additional survey data show how candidates think about recession, layoffs, benefits and compensation:
- More than 86% of employees said their loyalty would be affected if a company fails to be transparent regarding slowing company growth, hiring freezes, and lay-offs
- 52% of candidates predict a company would make a wave of layoffs if it announced a hiring freeze
- More than three-quarters of respondents say they are less likely to work for a company that has made mass layoffs in the past
- Almost 55% of employees believe that CEOs and leaders should not receive their annual bonus if they've made layoffs in the same period.
- Unsurprisingly, more than half of respondents strongly disagree with companies making mass firings over Zoom, while the majority (77%) believe the best approach to letting go of employees is in person with a direct manager or HR.
"Whether an economic recession is coming or not, candidates believe they will continue to have the strongest hand in the hiring process," said Daniel Chait, CEO & Co-founder of Greenhouse. "There are almost two jobs available for every job seeker in the United States today, and it's possible we could enter a recession with close to full employment. Regardless of the economic climate, companies still need to compete for talent. This could be the first recession that we see candidates win in."
The research indicates that companies must tread cautiously in how they manage any potential turbulence. "While the economic outlook might be changing, the pressures to attract and retain talent are here to stay. Hiring is not something you can turn off and switch back on without consequence when growth ramps back up," Daniel Chait, CEO & Co-founder of Greenhouse added. "While reducing the workforce may be an appropriate strategy in some situations, companies will need to take a more considered and long-term approach to talent and operations. There's no outrunning the past, the internet never forgets and companies that rush to make major cuts may later suffer the consequences. Leaders have many cards to play before layoffs. It will benefit your business (and bottom line) to nurture your talent and get better at hiring than firing."
Company mission and values remain integral for candidates, with 87% of respondents saying it's important for an employer's values to match their own. Over three-quarters of talent want to work for a company that stands up for the social causes they believe in, with 82% emphasizing a commitment to sustainability. Despite a number of companies banning discussion surrounding politics in the workplace, 44% of employees would be less likely to remain in a job if their employer's political viewpoints did not align with theirs.
For access to the full results from the Greenhouse Candidate Economic Sentiment Report, visit our blog.
Greenhouse, the hiring software company, surveyed over 1,500 respondents, who are currently employed and residing in the United States.
Greenhouse is the hiring software company. We help businesses become great at hiring through our powerful hiring approach, complete suite of software and services, Hiring MaturityTM methodology and large partner ecosystem – so businesses can hire for what's next.
Based in New York City with offices in San Francisco, Denver and Dublin, Greenhouse has 700 employees around the world supporting over 7,000 customers. Some of the smartest and most successful companies like HubSpot, Buzzfeed, J.D. Power, Booking.com, Scout24 and The Knot Worldwide use the Greenhouse hiring software platform to improve all aspects of hiring, helping them to attract top talent.
Greenhouse has won numerous awards including Inc. Magazine Best Workplace (2018 – 2022) and Glassdoor #1 Best Place to Work, Forbes Cloud 100, Deloitte Technology Fast 500, Inc. 5000, Crain's Best Places to Work NYC and Mogul's Top 100 Workplaces for Diverse Representation (2022).
© 2022, Greenhouse Software, Inc. All rights reserved. "Greenhouse Hiring Maturity", "Talent Makers", and the G Logo are trademarks of Greenhouse Software, Inc.
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SOURCE Greenhouse | https://www.kxii.com/prnewswire/2022/07/07/its-still-candidates-world-majority-employees-will-job-hunt-during-recession/ | 2022-07-07T13:56:00Z |
OSLO, Norway, June 21, 2022 /PRNewswire/ -- Aker Carbon Capture has signed a Memorandum of Understanding (MoU) with Storegga to collaborate on carbon capture and storage (CCS) projects and enable industrial emitters access to full value chain offerings in the UK. The agreement marks another UK milestone for the company, after becoming the carbon capture provider for the Keadby 3 Carbon Capture Power Station last week.
"Strong partnerships that weave together specialist skill sets and experience will be the key to unlocking the CCS market and getting projects at scale online in short order," says Dr. Nick Cooper, CEO at Storegga. "This partnership will benefit from Aker Carbon Capture's 20 years of experience in developing carbon capture technologies with best-in-class HSE characteristics and Storegga's heritage in establishing CO2 transport and storage in the UK and abroad."
Aker Carbon Capture is experiencing strong growth in the UK, where the Government has set ambitious targets for the country to become a world leader in CCS. To meet rising demand, the pure-play carbon capture company is establishing an office in central London to serve the growing list of clients and partners. The company is currently working on FEED studies for two major gas-to-power plants equipped with carbon capture in the UK: SSE Thermal and Equinor's Keadby 3, and bp's Net Zero Teesside, each with an annual capture capacity of up to 1.5-2 million tonnes CO2.
"Recent success shows that Aker Carbon Capture is cementing its position in the UK CCUS market, which is why we have established an office in the heart of London. We're excited to move into the premises of Sustainable Ventures, which supports and offers offices to strictly climate tech and sustainability-focused businesses. The time is now to start making a difference," says Aker Carbon Capture's Head of UK David Phillips.
In February 2022, Aker Carbon Capture started to support Redcar Energy Centre's bid for Phase 2 of the Government's CCS cluster sequencing process, by studying the implementation of Aker Carbon Capture's large-scale carbon capture technology. The proposal will aim to store over 400,000 tonnes of CO2 a year.
Looking back to end 2021, Aker Carbon Capture and Viridor, one of the UK's leading recycling, resources and waste management companies, signed a partnership to explore the installation of five modular carbon capture plants. This partnership could accelerate Viridor's net zero plans by a decade to 2030 and would deliver 1.5 million tonnes CO2 savings a year.
"When I look at this list of projects and initiatives, it's clear that we're all set to help accelerate the decarbonization of British industry, contribute to creating and safeguarding jobs, and strengthen energy security by working together with large gas-to-power and waste-to-energy players. We're dedicated to doing the right thing. Also in the UK, which is one of our key strategic regions and one of the absolute CCUS frontrunners. The new carbon storage areas launched last week are a clear testimony to that," concludes Valborg Lundegaard, CEO at Aker Carbon Capture.
Storegga Limited is an independent, UK-based decarbonisation development business. It develops early stage carbon capture and storage, hydrogen, and other subsurface renewable projects in the UK and internationally to contribute to achieving net zero targets. The company employs approximately 80 people in the UK, US and Singapore, with its head office in London.
Storegga is a private company backed by GIC, Mitsui & Co., Ltd., M&G Investments, Macquarie Group and Snam.
Storegga is the lead developer of the Acorn Carbon Capture and Storage and Hydrogen project in Aberdeen, Scotland. The Acorn Project will provide critical backbone infrastructure for the Scottish Cluster. The Scottish Cluster unites communities, industries and businesses to deliver CCS, hydrogen and other low carbon technologies, supporting Scotland, the UK and Europe to meet net zero goals.
Storegga:(https://www.storegga.earth/)
Media contact:
Ivar Simensen, mob: +47 464 02 317, email: ivar.simensen@akerhorizons.com
Yannick Vanderveeren, mob: +47 458 36 358, email: yannick.vanderveeren@akercarboncapture.com
On behalf of Storegga: Dentons Global Advisers - Jennifer Walmsley, Fern Duncan, Leah Dudley, +44 20 7664 5086, email: Storegga@dentonsglobaladvisors.com
Investor contacts:
David Phillips, mob: +44 7710 568279, email: david.phillips@akercarboncapture.com
Christian Yggeseth, mob: +47 915 10 000, email: christian.yggeseth@akerhorizons.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Aker Carbon Capture AS | https://www.kxii.com/prnewswire/2022/06/21/aker-carbon-capture-enters-mou-with-storegga-strengthens-foothold-uk-market-with-new-london-office/ | 2022-06-21T07:45:33Z |
Physicochemical properties of peptides can provide key insights to potential success of oral delivery
BOONTON, N.J., Sept. 12, 2022 /PRNewswire/ -- Enteris BioPharma, Inc., a biotechnology company developing innovative drug products based on its proprietary delivery technologies, and a wholly-owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH), announced the publication of a new white paper in Drug Development & Delivery entitled, "Key Considerations in Oral Delivery of Peptides – Factors to Consider While Evaluating Oral Administration."
The paper, authored by John Vrettos, PhD, Director of Formulation Development for Enteris BioPharma, and Kalpana Ramakrishnan, PhD, Manager of Business Development for Enteris BioPharma, explores the barriers to developing oral delivery of peptides and how pharmaceutical companies can overcome them. Oral administration of peptides offers several advantages while treating chronic conditions such as diabetes and obesity as they are less invasive and more cost effective compared to injections. The white paper is available to download via Drug Development & Delivery at https://drug-dev.com/whitepapers/whitepaper-key-considerations-in-oral-delivery-of-peptides-factors-to-consider-while-evaluating-oral-administration/.
"Molecule size, potency, and solubility are some of the key physicochemical properties that determine a peptide's suitability for oral delivery," Dr. Vrettos said. "The healthcare industry is in need of enabling drug delivery technologies with the capability to overcome barriers in oral delivery of peptides. Importantly, orally delivered medications may encourage patient compliance compared with more invasive approaches to administering drugs. Approximately 75% of peptides are delivered by injective routes, including subcutaneous injections which can be painful and difficult to incorporate into a daily routine."
Dr. Vrettos continued, "Enteris' Peptelligence® platform offers a 'triple-action' solution comprised of our enteric coating, protease inhibitor, and permeation enhancer. When combined, these technologies have demonstrated an ability to improve the solubility and permeation of orally delivered peptides. These properties can potentially enable oral delivery of some peptide drugs for the first time, and we are excited to share our knowledge on oral delivery of peptides through this informative whitepaper."
Peptelligence is a novel formulation technology designed to enhance the oral delivery and bioavailability of selected drugs by enhancing the permeation of such compounds that are typically injected, including peptides and BCS class III and IV small molecules, and preventing their breakdown in the digestive tract.
Enteris BioPharma, Inc. is a wholly-owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH) offering total integrated contract development and manufacturing (CDMO) services for innovative formulation solutions utilizing its proprietary drug delivery technologies, Peptelligence® and ProPerma®, and contract manufacturing (CMO) services using non-proprietary technologies. The company's proprietary technologies have been the subject of numerous feasibility studies and active development programs, some of which are in clinical development. Additionally, Enteris BioPharma is advancing an innovative internal product pipeline of drug products that address significant unmet clinical needs for which there is no satisfactory treatment option. For more information on Enteris BioPharma and its proprietary oral drug delivery technologies, please visit http://www.EnterisBioPharma.com.
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SOURCE Enteris BioPharma, Inc. | https://www.wibw.com/prnewswire/2022/09/12/enteris-biopharma-publishes-white-paper-examining-factors-consider-while-evaluating-oral-administration-peptides/ | 2022-09-12T12:39:49Z |
Lighting systems specialist invests an additional total of over 102 million USD in production plant in Silao
WIESELBURG, Austria, July 27, 2022 /PRNewswire/ -- ZKW Group is massively expanding its site in Silao, Mexico. The plant, which went into operation in 2016, is now being expanded by 15,700 to a total of 48,700 square meters of production space. At the same time, 830 additional jobs will be created. The site manufactures high-quality headlights for premium car manufacturers such as BMW, Ford Lincoln, General Motors, Mercedes Benz, Nissan Infiniti, Volkswagen and Volvo. By 2025, ZKW Mexico plans to produce around 3.5 million headlights per year with 2,522 employees. Total investment since the establishment of ZKW México will be around 255 million USD. "One of our main goals has been to work on innovations in terms of performance, quality, design and solutions, and thanks to the trust of our customers, this 3rd Phase expansion will not only increase the turnover, manufacturing capacity and quantity of team members, but also the possibility to develop and produce in our site more complex and cutting edge headlights," explains Dr. Wilhelm Steger, CEO der ZKW Group GmbH.
State-of-the-art production technologies
With the 3rd Phase expansion, ZKW México will increase its production capacity by 1.5 million headlights. The new building will be equipped with state-of-the-art technologies for the production of automotive lighting systems – such as plastic injection molding systems, surface treatments and painting systems. A new technology that increases the possibility to metallize the reflectors in several new colors, not only in aluminum but also in silver, steel, rose gold and gold. The production of optical lenses is also being modernized to optimize the quality and cleanliness of the products. Engineers, technicians, administrative and support staff, among others, are being sought for the upcoming job vacancies. "We want the most talented people, with and without experience, to design, develop and produce the most innovative headlights in the automotive industry" says Jan Seumenicht, General Plant Manager ZKW Mexico.
Renowned customers in the NAFTA region
With its high-quality lighting systems, ZKW Mexico supplies numerous car manufacturers in the NAFTA region. In collaboration with Volvo, ZKW is developing a new type of headlamp with dynamic mechatronics and various integrated systems. "Out of this 3rd Phase, we will produce headlights and center lights for electric vehicles and SUVs for BMW, Ford and General Motors. We are also working on a first project with Volkswagen," says Seumenicht.
Click to download images of the technology.
About ZKW
The ZKW Group is the specialist for innovative premium lighting systems and electronics. As a system supplier, ZKW is a global partner to the automotive industry. The group develops and produces products based on our motto of "Bright Minds, Bright Lights," combining bright minds with modern production technologies to produce complex premium lighting and electronic modules for international automotive manufacturers.
Our top products include powerful and cost-efficient complete LED systems. The ZKW Group has a total of twelve locations worldwide, with intelligently networked development and production. In 2021, the Group employed around 10,000 workers and generated total revenues of 1.07 billion euros.
In accordance with the corporate vision "Ground-breaking premium lighting and electronic systems from ZKW for all mobility concepts of the global automotive industry", the company's primary goal is to produce top-quality high-tech products and to promote the development of innovative holistic lighting systems.
With our discoveries and inventions, the ZKW corporate group makes vehicles more desirable, more unique, safer, and more energy efficient.
Our 360 degree product portfolio includes headlamps and fog lamps, rear lamps, flashers, interior and license plate lamps as well as electronic modules. Major automotive manufacturers trust their brands to innovative products from ZKW. We are proud of our customers like BMW (BMW, Rolls Royce), DAIMLER (MERCEDES-BENZ Cars and Trucks), FORD (Lincoln, Ford), GEELY (Volvo, Polestar, Lynk & Co, Geely), GENERAL MOTORS (Buick, Chevrolet, Cadillac), Hyundai (Kia), JLR (Jaguar, Land Rover), Stellantis (Opel, Citroen), RENAULT/NISSAN (Infiniti, Alpine), VGTT (Volvo Trucks, MACK) and VW (Audi, Porsche, Skoda, Lamborghini, MAN, VW, Seat).
With intelligent lighting systems and innovative styling, ZKW is shaping the look and character of vehicles worldwide.
Contact
ZKW Group GmbH
Sandra Simeonidis-Huber
Group Communication und Marketing
Rottenhauser Straße 8
3250 Wieselburg
T +43 7416 505 2051
sandra.simeonidis-huber@zkw-group.com
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SOURCE ZKW Group | https://www.wibw.com/prnewswire/2022/07/27/zkw-expands-its-mexican-location/ | 2022-07-27T18:40:18Z |
The man being investigated for possibly planning to harm an Iranian journalist and activist was indicted on a firearms charge, according to a document unsealed Thursday.
Khalid Mehdiyev was charged by a federal grand jury with possessing a firearm with an "obliterated" serial number, according to the indictment. Mehdiyev was driving away late last month from the neighborhood where Masih Alinejad lives when he failed to stop at a stop sign. A criminal complaint says New York police officers found him driving without a license since his had been suspended.
Police later found in the back seat of his vehicle a suitcase containing a "Norinco AK-47-style assault rifle ... loaded with a round in the chamber and a magazine attached, along with a separate second magazine, and a total of approximately 66 rounds of ammunition," the complaint says.
Mehdiyev drove a gray Subaru Forester SUV and stayed in the area for several hours where he "behaved suspiciously," the complaint states. On one occasion, Mehdiyev got in and out of his car several times, ordered food delivery to his car, and approached a home in the neighborhood -- where Alinejad resides -- peering inside the windows and trying to open the front door, the complaint said, and CNN previously reported.
It's unclear if authorities are still investigating whether he was planning to harm the journalist.
CNN is trying to reach his attorney, Stephanie Marie Carvlin, who previously declined to comment when contacted by CNN.
Last year, Alinejad was targeted in an alleged kidnapping plot by Iranian nationals after she spoke out against the Islamic republic. The plot was organized by an Iranian intelligence official, an indictment alleged, but Iran's Ministry of Foreign Affairs denied any involvement, calling the accusation "baseless and ridiculous," according to semiofficial Iranian state media.
In a CNN interview, she said the Iranian government had been targeting her and her family for her efforts to give voice to those being oppressed in the country where she was born.
Alinejad, a dissident who frequently shares photos and videos of what she calls "voiceless" Iranian women through her social media accounts, says Iranian officials have warned her about her activism.
Mehdiyev, according to a criminal complaint released after he was arrested, told authorities his rent in Yonkers was too high, and he was visiting Brooklyn to find an apartment. The cash was for a hotel room, and he approached the home in the Brooklyn neighborhood because he intended to ask if the owners might rent him a room, before changing his mind, the complaint says he told investigators. The Subaru was borrowed, and he did not know the suitcase -- which he said was not his -- contained a rifle, he initially told investigators, according to the complaint.
The suspect later told agents "the AK-47 was his, and that he had been in Brooklyn because he was looking for someone," before invoking his right to counsel, the complaint says.
Mehdiyev's previous court date set for August 12 has been canceled, and no future date has been set yet, according to a spokesperson for the Southern District of New York.
Stacker compiled the highest paying health care jobs in Atlanta-Sandy Springs-Roswell, GA using data from the U.S. Bureau of Labor Statistics. Click for more.
CNN's Josh Campbell and Eliott McLaughlin contributed to this story.
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Redesigned HOBOconnect app offers convenient, streamlined data collection
BOURNE, Mass., July 28, 2022 /PRNewswire/ -- Onset, a trusted manufacturer of field-proven data loggers, today announced the redesign of its free HOBOconnect app for wireless configuration, management, and data download from HOBO MX series Bluetooth data loggers.
Compatible with iOS and Android mobile phones and tablets, as well as Windows laptops, the newly designed HOBOconnect app works with Bluetooth-enabled HOBO MX data loggers for convenient data download, especially from hard-to-reach or restricted locations. HOBO MX loggers are available in a variety of models for measuring air temp/RH, water level and temperature, soil moisture, light, dew point, differential pressure, air velocity, AC voltage, DC current, and more.
"Without a doubt, the new HOBOconnect app significantly streamlines the process of collecting and managing data from our Bluetooth loggers," said Jake Lacourse, VP of Onset's HOBO Product Group. "We're happy to simplify the data logging experience for our customers as they work to improve indoor and outdoor environments and build a sustainable future."
HOBOconnect app features include:
- New interface that improves the user experience and streamlines common tasks
- Bulk download, for wireless data download from up to 20 data loggers at a time
- Support for all HOBO MX Bluetooth data logger models
- Refreshed color scheme for light or dark modes
- Ability to export existing data to HOBOlink, Onset's cloud software platform
- Multi-language support: Spanish, French, Traditional & Simplified Chinese, Korean, and Japanese
Along with the release of the newly designed HOBOconnect app, Onset is ending support for the HOBOmobile app, which is no longer receiving security patches or updates. Current HOBOmobile users can continue to use existing installations of the app until transitioning to HOBOconnect and will not have to relaunch or reconfigure their HOBO MX loggers after switching, but are encouraged to export any files they want to keep before completing the transition.
HOBOconnect can be downloaded from the Apple App Store or Google Play, or from the Onsite website here https://www.onsetcomp.com/files/software/hoboconnect/index.html (for Windows computers).
To learn more, visit: https://www.onsetcomp.com/products/software/hoboconnect
Onset is a leading supplier and trusted manufacturer of data loggers and monitoring solutions used to measure, record, and manage data for improving the environment and preserving the quality of temperature-sensitive products. Based on Cape Cod, Massachusetts, Onset has been designing and manufacturing its products on site since the company's founding in 1981.
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SOURCE Onset | https://www.wibw.com/prnewswire/2022/07/28/onset-announces-new-hoboconnect-app-design-features/ | 2022-07-28T16:07:15Z |
WORCESTER, Mass., May 31, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.75 per share on the issued and outstanding common stock of the company, payable June 24, 2022, to shareholders of record at the close of business on June 10, 2022.
Statements regarding quarterly or future dividends, whether regular or special, payable to the company's shareholders, which may be subject to future increases, decreases, or elimination, as determined by The Hanover's board of directors, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The company cautions investors that any such forward-looking statements are not guarantees of future performance, including but not limited to, growth, earnings improvement, returns, future dividend payments, or the amount of such payments. Investors are directed to consider the risks and uncertainties in the company's business that may cause actual results to differ and/or affect the board's decision to declare dividends in the future, including those risks which are discussed in readily available documents, such as the company's annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other documents filed by The Hanover with the Securities and Exchange Commission and which are also available on hanover.com under "Investors."
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
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SOURCE The Hanover Insurance Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/31/hanover-insurance-group-inc-declares-quarterly-dividend-075-per-common-share/ | 2022-05-31T21:13:03Z |
New homes now selling and new models open for tour at Eastwood at Sonterra
AUSTIN, Texas, May 24, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is excited to debut a new phase of homes for sale at Eastwood at Sonterra, the company's third community in Jarrell's popular 1,400-acre Sonterra West development. As part of the new release, Century invites homebuyers to tour two new model homes: the single-story Hamilton plan and the two-story Santiago plan.
In addition to a versatile lineup of single-family homes, Eastwood at Sonterra boasts abundant community amenities, including a swimming pool, clubhouse and trails, along with future planned amenities. An attractive location with small-town charm offers additional appeal, along with easy access to shopping, dining and more in nearby Georgetown.
Learn more at www.CenturyCommunities.com/Eastwood.
"We're thrilled to invite homebuyers out to tour our newest model homes at this exceptional planned community," said Brian Bekker, Austin Division President. "We're also excited to offer additional homes for purchase at Eastwood at Sonterra, providing homebuyers with a greater range of opportunities in a fast-moving market."
ADDITIONAL COMMUNITY HIGHLIGHTS:
- 220 new homes
- Single- and two-story floor plans
- 3 to 5 bedrooms, 2 to 3.5 baths, up to 2,399 square feet
- 2-bay garages
- 42" kitchen cabinets, the Century Home Connect® smart home package, appliances, and more included
- Quick access to I-35 and Highway 130
Community address: 483 Josey Wales Drive, Jarrell, TX 76537
For more information, call 512.884.5788.
DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Communities is proud to feature its industry-first online homebuying experience on all available homes in the greater Austin area.
How it works:
Shop homes at CenturyCommunities.com
- Click "Buy Now" on any available home
- Fill out a quick Buy Online form
- Electronically submit an initial earnest money deposit
- Electronically sign a purchase contract via DocuSign®
Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.
About Century Communities
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.
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SOURCE Century Communities, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/now-open-jarrell-tx-century-communities-announces-new-models-amp-new-phase-sonterra-development/ | 2022-05-24T18:52:58Z |
This new 130,000 SF multispecialty care center and micro-hospital in Northwest Indiana will be the largest off-site facility for the academic health system.
CROWN POINT, Ind., Aug. 10, 2022 /PRNewswire/ -- PMB along with The University of Chicago Medicine broke ground on a new two-story, 130,000-square-foot multispecialty care center and micro-hospital in Northwest Indiana for what will be the academic health system's largest off-site facility and its first freestanding building in Indiana. The $121 million state-of-the-art care center, at I-65 and 109th Avenue in Crown Point, is expected to open in spring of 2024.
During the on-site groundbreaking ceremony on August 3, 2022, hospital leaders and Crown Point's mayor spoke about the benefits of the new care facility to the community and broader Northwest Indiana region.
"The University of Chicago is home to physicians and physician-scientists who are pioneers in their field. They bring research to the bedside with the most advanced treatments and high-quality, specialized care," said Kenneth S. Polonsky, MD, Executive Vice President for Medical Affairs at the University of Chicago and President of the UChicago Medicine health system. "We wanted to be able to offer people in Crown Point the same level of care that we do in Hyde Park on Chicago's South Side — and to make it more accessible and convenient for them. This will certainly be accomplished by this facility."
Since October 2021 when the initiative was first announced, plans for the new facility have evolved and grown. Hospital leadership worked with partners in the project and Crown Point officials to make sure the new facility can meet future healthcare demands of the Northwest Indiana community.
"We decided to add space to our original plans to build a 116,000-square-foot facility, so that we can meet the growing needs of patients and providers many years from now," said Tom Jackiewicz, President of the University of Chicago Medical Center, which serves as the hub for the UChicago Medicine health system. "We are adding almost 14,000 square feet to our earlier plan, which now means this facility will be 130,000 square feet over two stories."
The Crown Point care center will include:
- A micro-hospital with an eight-bed emergency department and a short-stay inpatient unit
- A comprehensive cancer center with infusion therapy as well as radiation, medical and surgical oncology
- An imaging center with MRI, CT, PET, X-ray and ultrasound capabilities
- An outpatient surgery center
- Laboratory services
- Medical offices with access to UChicago Medicine's physicians and specialists, including those in cancer care, cardiology, digestive diseases, orthopedics, neurosciences, pediatrics, primary care, surgical specialties, transplant care and women's health
"Most new healthcare construction in lower density populations involves limited services, not a comprehensive care center like the one UChicago Medicine is building in Crown Point", said Jake Rohe, partner at PMB, a national expert in healthcare real estate development.
"We do a lot of work across the country with a lot of different healthcare providers, and it's very rare to have this type of investment in a community," he said. "Healthcare is social infrastructure. And with that comes tremendous opportunity and an equally great responsibility. The commitment and investment UChicago Medicine is making in this community will have a significant impact on the region, and we're honored to be a small part of this major initiative."
In addition to developer PMB, other partners in the project include Walsh Construction and architecture and design firm Perkins & Will.
The Crown Point center is expected to have 110,00 patient visits each year and create at least 150 high-paying clinical and nonclinical jobs.
"It's exciting for me to know our residents will have close access to top-level physician care because of this campus, and that the City of Crown Point will serve as home to such a prestigious medical group," Crown Point Mayor Pete Land said during the ceremony. Land added the City of Crown Point is excited to expand its development portfolio in and around the Beacon Hill Business District to include high-paying career jobs in the medical field.
The multispecialty care facility adds to the presence UChicago Medicine already has through smaller medical offices in Northwest Indiana — in Munster, Merrillville, Westville and Schererville.
Audre Bagnall, UChicago Medicine Executive Vice President of Business Development and Chief Strategy Officer, said partnerships and collaborations have been key to providing high-quality healthcare for Northwest Indiana residents and will continue to be so. "We recognize the essential role community physicians and local hospitals play in care delivery in Northwest Indiana," she said. "Our physicians will continue to partner with them for their patients who need highly specialized care and to provide an integrated and seamless experience for everyone."
Ralph Flores Jr., a lifelong Northwest Indiana resident and majority owner in the new Crown Point-based Lake County Corn Dogs, said his baseball team and UChicago Medicine share a vision to improve the quality of life for residents and be active members of the community. UChicago Medicine recently signed a five-year deal to be the main sponsor of the Corn Dogs.
"The investment UChicago Medicine is making will be such a huge benefit to so many people for so many years to come," Flores said. "Welcome to the University of Chicago Medicine, and let's play ball!"
PMB is a purpose-driven healthcare real estate developer with a mission to improve healthcare delivery, effect change, and positively impact communities. Our company is 100 percent focused on healthcare real estate across the continuum of care including behavioral health, life sciences, ambulatory care centers, medical office buildings, inpatient hospitals, post-acute hospitals, senior living facilities, and parking structures. PMB has developed over 115 facilities to date representing approximately 6 million square feet. The firm owns and manages 70 medical facilities comprising over 5.2 million square feet. For more information, please visit our website at www.pmbllc.com or our blog at https://pmbllc.com/pmb-uchicago-medicine-break-ground-on-121-million-multispecialty-care-facility-in-crown-point-indiana/
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SOURCE PMB | https://www.wibw.com/prnewswire/2022/08/10/pmb-amp-uchicago-medicine-break-ground-121-million-multispecialty-care-facility-crown-point-indiana/ | 2022-08-10T19:22:55Z |
Part of Saudi Arabia's Red Sea destination, this Private Sanctuary will Deliver Transformative and Immersive Guest Experiences
RIYADH, Saudi Arabia, May 23, 2022 /PRNewswire/ -- Marriott International, Inc. today announced it has signed an agreement with The Red Sea Development Company to debut its distinguished Ritz-Carlton Reserve brand off the west coast of Saudi Arabia. Slated to debut in 2023, Nujuma, a Ritz-Carlton Reserve, is expected to form part of the eagerly anticipated Red Sea destination and offer a highly personalized leisure experience that blends intuitive and heartfelt service with stunning natural beauty and indigenous design. Nujuma will be the first property from the brand in the Middle East and joins an exclusive collection of only five Ritz-Carlton Reserves worldwide.
"We are thrilled to bring our most luxurious brand, Ritz-Carlton Reserve, and its exemplary experience to the Middle East. Perfectly situated on one of the most anticipated regenerative tourism projects in the world, the resort will blend seclusion and sophistication to provide a highly personalized luxury escape," said Jerome Briet, Chief Development Officer, Europe, Middle East & Africa, Marriott International.
Nujuma will be situated on a pristine set of private islands, which are part of the Red Sea's Blue Hole cluster of islands. Surrounded by unspoiled natural beauty and designed to blend seamlessly with the environment, the resort is expected to feature 63 one to four bedroom water and beach villas. Plans also include a range of luxurious amenities and exceptional services including a lavish spa, swimming pools, multiple culinary venues, a retail area and a variety of other leisure and entertainment offerings including a Conservation Center.
Ritz-Carlton Reserve offers a complete escape to the unexpected: a private and transformative travel experience that is centered around human connection and brings together unique elements of the local culture, heritage and environment. For the most discerning travelers seeking a distinct and luxurious escape, Reserve properties are tucked away in handpicked corners of the world, featuring chic, relaxed and intimate settings that weave indigenous flavors with highly responsive and individualized service. Current Ritz-Carlton Reserve properties are located in Thailand, Japan, Indonesia, Puerto Rico, and Mexico.
The destination is also expected to include 18 Ritz-Carlton Reserve branded residences, offering owners a one-of-a-kind living experience.
"I am excited to welcome Ritz-Carlton Reserve into the fold of our luxury collection of brands for The Red Sea," said John Pagano, CEO at The Red Sea Development Company. "Around the world, Ritz-Carlton Reserve properties are synonymous with providing unique luxury experiences and creating personalized meaningful escapes, underpinned by a commitment to sustainable practices. As we inch closer to opening our first resorts early next year, this world-class brand is sure to excite and entice future guests."
The Red Sea Project is an ambitious regenerative tourism project, covering 28,000 square kilometers on the west coast of Saudi Arabia, of which less than one percent will be developed. The destination is expected to offer a new type of barefoot luxury experience and is being developed with the highest standards of sustainability. The development features an archipelago of more than 90 untouched natural islands, as well as dormant volcanoes, sweeping desert dunes, mountains and wadis, and more than 1,600 cultural heritage sites.
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 8,000 properties under 30 leading brands spanning 139 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.
The Red Sea Development Company (TRSDC - www.theredsea.sa) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. TRSDC was established to drive the development of The Red Sea Project, a luxury, regenerative tourism destination that will set new standards in sustainable development and position Saudi Arabia on the global tourism map.
The project is being developed over 28,000 km2 of pristine lands and waters along Saudi Arabia's west coast and includes a vast archipelago of more than 90 pristine islands. The destination also features sweeping desert dunes, mountain canyons, dormant volcanoes, and ancient cultural and heritage sites. It is designed to include hotels, residential properties, leisure, commercial and entertainment amenities, as well as supporting infrastructure that emphasizes renewable energy and water conservation and re-use, as well as a circular waste management system to achieve zero waste to landfill.
Activity for the first phase of development is well underway and is on track to be completed by the end of 2023. The project has surpassed significant milestones, with over 800 contracts signed to date, worth in excess SAR 20 bn ($5.33bn).
The 100-hectare Landscape Nursery, which will provide more than 25 million plants for The Red Sea Project and AMAALA, is now fully operational. There are more than 15,000 workers currently on-site and 80km of new roads are now complete. The Construction Village and the Waste Management Centre are both fully operational and development is progressing well at the Coastal Village, which will be home to around 14,000 people who will eventually work at the destination.
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SOURCE Marriott International, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/23/marriott-international-signs-agreement-with-red-sea-development-company-bring-first-ritz-carlton-reserve-middle-east/ | 2022-05-23T14:00:47Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; "Lindblad"; the "Company"), a global provider of expedition cruises and adventure travel experiences, will report 2022 second quarter financial results on Monday, August 1, 2022, before the market opens. The Company will host a conference call to discuss the results at 8:30 am Eastern Time. The conference call can be accessed by dialing 844-200-6205 (United States), 833-950-0062 (Canada) or 929-526-1599 (International). The Access Code is 618427. The earnings release and a live audio webcast of the call will be available in the investor relations section of the Company's website at investors.expeditions.com.
A replay of the call, along with a transcript, will be available on the website within 48 hours of its completion. The replay will also be accessible by phone by dialing 866-813-9403 (United States), 226-828-7578 (Canada) or 44-204-525-0658 (International). The Replay Access Code is 566816.
About Lindblad Expeditions
Lindblad Expeditions Holdings, Inc. is an expedition travel company that focuses on ship-based voyages through its Lindblad Expeditions brand and on land-based travel through its subsidiaries, Natural Habitat Adventures, Off the Beaten Path, DuVine Cycling and Adventure and Classic Journeys.
Lindblad Expeditions works in partnership with National Geographic to inspire people to explore and care about the planet. The organizations work in tandem to produce innovative marine expedition programs and to promote conservation and sustainable tourism around the world. The partnership's educationally oriented voyages allow guests to interact with and learn from leading scientists, naturalists and researchers while discovering stunning natural environments, above and below the sea, through state-of-the-art exploration tools.
Natural Habitat, Inc. partners with the World Wildlife Fund to offer and promote conservation and sustainable travel that directly protects nature. Natural Habitat's adventures include polar bear tours in Churchill, Canada, Alaskan grizzly bear adventures and African safaris.
Classic Journeys, LLC is a luxury cultural walking tour company that operates a portfolio of curated tours centered around cinematic walks led by expert local guides. Classic Journeys offers active small-group and private custom journeys in over 50 countries around the world.
DuVine Cycling + Adventure Co. designs and leads luxury bike tours in the world's most amazing destinations, from Italy's sun-bleached villages and the medieval towns of Provence to Portugal's Douro Valley and the vineyards of Napa, California. Guests bike, eat, drink, and sleep their way through these regions and many more while sampling the finest cuisine, hotels, and wine.
Off the Beaten Path LLC is an outdoor, active travel company offering guided small group adventures and private custom journeys that connect travelers with the wild nature and authentic culture of their destinations. Off the Beaten Path's trips extend across the globe, with a focus on exceptional national park experiences in the Rocky Mountains, Desert Southwest, and Alaska.
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SOURCE Lindblad Expeditions Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/19/lindblad-expeditions-holdings-inc-report-2022-second-quarter-financial-results-august-1-2022/ | 2022-07-19T21:09:57Z |
-- Researchers found daycare attendance was associated with increased emergency department visits, steroid use, and chronic respiratory symptoms in preterm children with chronic lung disease--
PHILADELPHIA, July 26, 2022 /PRNewswire/ -- Attending daycare in the first three years of life is linked with an increase in lung complications in children who were born prematurely and diagnosed with a form of chronic lung disease, according to new research led by Children's Hospital of Philadelphia (CHOP).
The multicenter study, which drew data from nine specialty centers across the United States, found that preterm children with bronchopulmonary dysplasia (BPD) who attend daycare were more likely to visit the emergency department, use systemic steroids and have chronic respiratory symptoms compared with children not in daycare. The findings were published in the The Journal of Pediatrics.
"Preterm children born with BPD have a short window to improve their lung function trajectory, so we are always looking for ways to minimize exposures in early childhood to prevent lung function problems in adult life," said lead author Sharon McGrath-Morrow, MD, MBA, Associate Chief of the Division of Pulmonary and Sleep Medicine and leader of the Post-preemie Lung Disease Clinic at Children's Hospital of Philadelphia. "This study shows that daycare is a modifiable risk factor that is linked with poorer outcomes in preterm children with BPD."
Several prior studies have shown an association between daycare attendance and increased risk of respiratory complications in very low birth weight children. However, those studies focused on a single center or location and thus the results weren't generalizable across the population.
To better qualify the impact of daycare exposure on respiratory illnesses in children with BPD, the researchers collected registry data from nine tertiary care centers in the United States who participate in the BPD Collaborative Outpatient Registry. Analyzing 341 former preterm infants with BPD between the ages of 0 and 3, the researchers collected data on daycare attendance, clinical characteristics, acute care use, and chronic respiratory symptoms.
The researchers found that preterm children with BPD who attended daycare were three times as likely to visit the emergency room and four times as likely to use systemic steroids. They also observed a greater risk of chronic respiratory symptoms among preterm children who attended daycare, including breathing problems (coughing or wheezing) and increased use of rescue medication, such as inhalers. There was no difference between children who attended in-home daycares and those who attended center-based daycares.
To determine whether these effects lessened with age, the researchers stratified their data into three age groups: 6-12 months, 12-24 months, and 24-36 months. They found the negative impacts of daycare were highest in the 6-12 months age group, but the data suggested those effects may persist until 36 months of age.
"Many families need childcare outside the home for a variety of reasons, including caregiver employment," McGrath-Morrow said. "Providers should advise families with infants and young children with BPD about the potential risks of daycare attendance, particularly prior to 1 year of age, while also bearing in mind the financial needs of the family."
McGrath-Morrow et al. "Daycare Attendance is linked to Increased Risk of Respiratory Morbidities in Preterm Children with Bronchopulmonary Dysplasia," The Journal of Pediatrics, online July 5, 2022, DOI: 10.1016/j.jpeds.2022.06.037
About Children's Hospital of Philadelphia: A non-profit, charitable organization, Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, the 595-bed hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. The institution has a well-established history of providing advanced pediatric care close to home through its CHOP Care Network, which includes more than 50 primary care practices, specialty care and surgical centers, urgent care centers, and community hospital alliances throughout Pennsylvania and New Jersey, as well as a new inpatient hospital with a dedicated pediatric emergency department in King of Prussia. In addition, its unique family-centered care and public service programs have brought Children's Hospital of Philadelphia recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu.
Contact: Jennifer Lee
Children's Hospital of Philadelphia
(267) 426-6084
LEEJ41@chop.edu
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SOURCE Children's Hospital of Philadelphia | https://www.kxii.com/prnewswire/2022/07/26/chop-led-study-finds-daycare-linked-increased-complications-preterm-children-with-chronic-lung-disease/ | 2022-07-26T18:17:37Z |
The legal case management software company earns its industry-leading 28th patent.
DURHAM, N.C., Aug. 23, 2022 /PRNewswire/ -- GrowPath continues to prove its commitment to helping law firms maximize their revenue. The legal tech company followed up last month's announcement of its new lead scoring tool patent by announcing another patented legal case management feature for its userbase. GrowPath's 28th patent further enhances a user's ability to overlay client intake data with media buy data to determine the ROI for each marketing channel. GrowPath is investing heavily in R&D to enable firms to have full transparency around their marketing initiatives and make data-based decisions.
GrowPath CEO Neal Goffman says firms must be able to accurately assess their marketing spend. "Law firms, like everyone else, need to be able to tell if their advertising dollars are working optimally for their business. GrowPath clearly shows a firm how effective its TV media buy is for example, based on its cost and the resulting volume of intakes. This type of efficient spending helps firms improve their bottom line."
GrowPath's value to law firms goes well beyond marketing analytics. The feature-rich case management solution provides plaintiffs' firms with tools that enhance case movement and improve overall firm efficiency. And the market is increasingly taking note. GrowPath is has been dominating the case management software by achieving record growth so far in 2022, with plans to continue expanding for the remainder of the year.
GrowPath is cutting-edge legal case management software delivering industry-leading solutions for personal injury law firms. By partnering with GrowPath, in addition to the benefits of using a market-leading platform, firms get access to some of the best and most creative minds in the industry. From the individuals leading our company to those working closely every day with our clients, we have years of real-world expertise building successful plaintiffs' firms. GrowPath is empowering firms to boost revenue by improving the efficiency of the services they deliver. To learn more, visit: https://growpath.com/demo.
Media Contact:
Connie Wong
Director of Marketing
cwong@growpath.com
o: 844.520.2893 ext. 12112
d: 919.286.5759
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SOURCE GrowPath | https://www.wibw.com/prnewswire/2022/08/23/growpaths-latest-innovation-helps-law-firms-optimize-their-marketing-channels/ | 2022-08-23T10:31:22Z |
- CrossTower will facilitate minting and trading of NFTs with Ripple as blockchain partner providing technical support on the XRP Ledger (XRPL) blockchain
- CrossTower's marketplace makes it easy for developers and creators to onboard their projects, accelerating time to market.
NEW YORK, July 11, 2022 /PRNewswire/ -- CrossTower, one of the world's leading trading platforms, is partnering with Ripple, the leader in enterprise blockchain and crypto solutions, to add NFTs (non-fungible tokens) minted on the XRP Ledger (XRPL), the ultra-fast, low-cost and carbon-neutral blockchain, to the CrossTower NFT marketplace. The marketplace enables developers to quickly onboard NFT projects by giving them access to out-of-the-box infrastructure including wallets, payments, liquidity support, and more, accelerating time-to-market for projects that previously took months to onboard. CrossTower's NFT marketplace is built for developers and creators seeking a holistic service to take their projects from idea to fruition.
For fans, the marketplace delivers an engaging user experience, connecting them with creators and brands. Fans will benefit from an optimized digital purchase experience with the ability to transact NFTs via credit card and receive the assets through integrated wallets on the XRP Ledger.
Kapil Rathi, CEO of CrossTower said, "We are thrilled to partner with Ripple and build our Web3.0 platform on the XRPL. Ripple's commitment to building a developer network in India is particularly exciting for CrossTower as we are committed to developing India's blockchain talent. We look forward to the growth of our global NFT platform."
Having already broken ground in the NFT space, CrossTower is expanding their marketplace functionality to support XRPL which will be significantly lower the costs and barrier to entry for creators who want to mint their projects on the blockchain best suited to enable settlement and liquidity of tokenized assets at scale.
CrossTower has already attracted projects like Antara and David Bowie World on its marketplace and has a pipeline of inaugural projects on the XRPL that will engage a global audience to be announced in the upcoming weeks.
Founded in 2019, CrossTower is a Web 3.0 company offering NFT and crypto trading products globally. CrossTower leverages its vast experience in trading, technology, operational infrastructure, innovative pricing, regulations, and compliance to make cryptocurrency and digital assets more accessible. CrossTower has offices located in the US, Bermuda, and India, and its exchange business is ranked top 10 in the world by CryptoCompare.
Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple's business solutions are faster, more transparent, and more cost effective - solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we're realizing a more sustainable global economy and planet - increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.
Media contacts:
Aditi Mallick
Contact no: 9108859266
Email id: aditi@thegutenberg.com
Debasmita Dutta
Contact no: 8910013126
Email id: debasmita@thegutenberg.com
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SOURCE CrossTower | https://www.wibw.com/prnewswire/2022/07/11/crosstower-partners-with-ripple-support-nfts-minted-xrp-ledger/ | 2022-07-11T13:03:47Z |
BEIJING, July 18, 2022 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading cross-border career educational and technology service provider, today announced that its succeeded in winning two tenders. The first successful tender concerns a project to upgrade the intelligent classroom solutions at Hulunbuir College, and the second involves the procurement of a new recording system for the Inner Mongolia University of Science and Technology, Baotou Medical College. Delivering its one-stop integrated intelligent education solutions, the Company will advance the institutions' intelligent education development.
Supported by an array of patented technologies and responding to dynamic market demand and new innovation, Ambow's one-stop intelligent education solution, combining teaching, learning and management, provides high-quality, cross-device and multi-situational live and recorded services. While meeting the diverse needs of different educational environments, the Company expanded its remote applications, facilitating users' effective response to crises, including the epidemic. In addition, it assisted colleges and universities in extending and developing their learning resources and space, promoted innovative lecture models, and optimized the teaching environment. Ambow solutions' continuous improvement will support its deeper integration within higher education and ensure its technology keeps driving important advances in the sector.
Dr. Jin Huang, President and Chief Executive Officer of Ambow, commented, "Colleges and universities are key venues for applying and developing intelligent education products. With substantial recognition from progressively more colleges and universities, we are more determined than ever to follow the path of technological innovation. Leveraging our experience accumulated over the past 20 years in the vocational education sector as well as our proprietary technologies, we'll further expand our business capabilities and share educational outcomes, deepening our commitment to provide educators and students across the nation with world-class educational resources and services."
About Ambow Education Holding Ltd.
Ambow Education Holding Ltd. is a leading national provider of educational and career enhancement services in China, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in 15 out of the 34 provinces and autonomous regions within China.
Follow us on Twitter: @Ambow_Education
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook and quotations from management in this announcement, as well as Ambow's strategic and operational plans, contain forward-looking statements. Ambow may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Ambow undertakes no duty to update such information except as required under applicable law.
For investor and media inquiries, please contact:
Ambow Education Holding Ltd.
Tel: +86 10-6206-8000
The Piacente Group | Investor Relations
Tel: +1 212-481-2050 or +86 10-6508-0677
Email: ambow@tpg-ir.com
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SOURCE Ambow Education Holding Ltd. | https://www.mysuncoast.com/prnewswire/2022/07/18/ambows-one-stop-integrated-intelligent-education-solutions-win-bids-two-college-projects/ | 2022-07-18T13:08:08Z |
‘Princess and the Frog’ rebranding for Splash Mountain coming in 2024
(CNN) – Disney’s popular but controversial ride Splash Mountain is getting a complete overhaul.
Disney confirmed Friday that the decades-old ride at both Walt Disney World in Florida and Disneyland in California will soon get a refresh.
The new ride will be based on the animated film “The Princess and the Frog,” which features Disney’s first Black princess, Tiana.
Details about the reimagined ride were announced Friday at the Essence Festival in New Orleans.
Disney will transform Splash Mountain into a Mardi Gras celebration, and the new name will be Tiana’s Bayou Adventure.
The ride was originally based on the controversial Disney film “Song of the South,” which critics say portrays racial stereotypes.
The grand opening for Tiana’s Bayou Adventure is set for late 2024.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/01/princess-frog-rebranding-splash-mountain-coming-2024/ | 2022-07-01T22:29:30Z |
NEWARK, Del., June 27, 2022 /PRNewswire/ -- MIFA is a global brand of professional waterproof outdoor portable speakers. As a pioneer of a new generation waterproof camping light speakers, MIFA recently released its professional camping Bluetooth speaker, WildCamping. This lightweight camping equipment combines the function of an outdoor speaker with outdoor lighting and will amaze campers who love the outdoors.
With its lightweight design, excellent performance, amazing sound quality, and excellent practical functions, MIFA WildCamping Bluetooth speakers provide users with first-class music enjoyment and outdoor lighting experience for outdoor activities such as camping, cross-country, self-driving, walking, and hiking. (For more information about MIFA, please visit: https://www.mifa.net/en/)
Creating a high-quality camping experience
The new WildCamping camping Bluetooth speaker features a lightweight design that combines outdoor lighting with an outdoor portable speaker and provides users with various scene applications. It not only provides lighting for the camp at night but also provides music enjoyment at any time.
- The extremely lightweight design redefines portability. It is both an outdoor speaker and a camping light.
- IP67 is waterproof, dustproof, and environmentally adaptable for -15℃ to +45℃. Guaranteed for use in the harsh outdoor environment.
- Two built-in 45mm full-range speakers, two 45mm * 65mm low-frequency amplifiers, and 360° surround sound provide amazing sound quality.
- 9600mAh lithium battery provides 13 hours of use and serves as a power bank for charging a mobile phone.
- When you go to the mountains for camping and cannot play through streaming media, use a micro SD card to play endless audio on your MIFA speaker.
- Bluetooth 5.3 connection provides stronger anti-interference, lower latency, and more stable transmission performance. You can also connect two mobile phones or tablet PCs at the same time via Bluetooth.
- Supports PartyAdd multi-connection technology, which allows the connection of 100+ sets of WildCamping or other MIFA models that support PartyAdd.
Best-in-class sound quality enhances camping fun
WildCamping Bluetooth speaker uses two NdFeB magnet full-range speakers and two low-frequency radiators and applies Bass Loudness technology and excellent Actions DSP sound effect algorithm. Exclusive tuning by acoustics experts of Golden Ear guarantees its excellent sound quality, completely living up to the user's expectations.
High protection performance and portability are more worry-free
WildCamping has IP67 waterproof and dustproof performance, resistance to a 2m drop on grass, a strong environmental adaptation of -15°C to 45°C, and 13-hour battery life, allowing use in harsh outdoor environments.
With an integrated handle and a 1/4 standard screw adapter at the bottom, it is easy to carry, hang on tents, branches, or place on a tripod or light stand.
Bright lights illuminate the night in the mountains
MIFA WildCamping camping Bluetooth speaker has two warm light modes and RA high color rendering close to natural light, restoring things more realistically. It supports 10LM to 230LM step-less dimming, so you can easily adjust the brightness to meet your lighting needs when camping.
It is beyond the imagination to integrate these technologies into one unit. However, the WildCamping camping Bluetooth speaker has achieved the ultimate with its lightweight and brings a new high-quality experience to camping enthusiasts.
MIFA always surprises in the field of outdoor audio
Among the professional outdoor speaker brands, MIFA is young, creative, and powerful. MIFA consumers reach 63 countries and regions around the world. The launch of every new product quickly causes a boom online and offline.
MIFA has always adhered to the mission of "returning everyone to the wildness of their hearts" and the value of passionate "sound," creating an interesting and distinctive "sound" life for people, inspiring technological innovation with a humanistic spirit, interpreting the "sound" aesthetics with an emotional attitude, creating a new generation waterproof camping light speakers, providing users with high-quality portable outdoor audio products that are more distinctive and practical, and making everyone feel the heartbeat of outdoor music.
Let's expect more high-quality camping products from MIFA and add more fun to our camping life.
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SOURCE MIFA INNOVATIONS LLC | https://www.wibw.com/prnewswire/2022/06/27/mifa-outdoor-speaker-with-new-camping-speaker-series-creates-high-quality-camping-experience/ | 2022-06-27T09:19:11Z |
HSINCHU, June 10, 2022 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of May 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$28.99 to US$1.00 as of May 31, 2022.
Revenue for the month of May 2022 was NT$2,396.7 million or US$82.7 million, an increase of 2.5% compared to May 2021 and an increase of 2.2% compared to April 2022. The Company noted its record May revenue was the result of a combination of sustained demand and favorable dynamics in its memory products and DDIC businesses.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
Contacts:
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SOURCE ChipMOS TECHNOLOGIES INC. | https://www.wibw.com/prnewswire/2022/06/10/chipmos-reports-record-may-2022-revenue/ | 2022-06-10T11:08:02Z |
Elaine Powell set her alarm and jumped on her computer just after midnight so she could find the first time she appeared in the U.S. population count — information she had to wait more than seven decades to see.
Powell, who was born in 1946, found her name recorded at a St. Louis address early Friday, shortly after the federal archives released digitized individual records of 151 million people from the 1950 census. But that was just the beginning. She’s now hoping the records will help her track down information about a great-grandmother she never knew.
“When you’re a family historian or genealogist, it’s all about the census,” said Powell, president of the Central Florida Genealogical Society.
For privacy reasons, records identifying people by name can’t be made public until 72 years after they are gathered during the once-a-decade U.S. head count. The 72-year rule was part of a 1952 agreement between the archivist of the U.S. at the time and the Census Bureau director at the time, but no one seems to know how they settled on that number.
The digitized records have information about household members’ names, race, sex, age, address, occupations, hours worked in the previous week, salaries, education levels, marital status, where they were born, as well as where their parents were born. With the help of artificial intelligence technology that scanned and deciphered the handwritten records, the National Archives has indexed them into asearchable database.
Officials acknowledge that what is on the website starting Friday is “a first draft,” in which specific people are most likely to be found initially only by searching for whoever was listed as the head of their household. For instance, if former President George W. Bush wanted to find information about his West Texas home in 1950, he would have to start by searching under the name of his father, former President George Herbert Walker Bush.
The website will include a tool allowing users to fix any incorrect names or add missing names.
“This is an opportunity for you to refine and enhance … names and make the population schedules more accessible for everyone,” said U.S. Archivist David Ferriero.
Two outside genealogical groups, Ancestry and FamilySearch, a division of The Church of Jesus Christ of Latter-day Saints, are teaming up to serve as a quality check on the records by creating their own index separate from the National Archives. Anywhere from 400,000 to 800,000 volunteers across the U.S., under the coordination of FamilySearch, will double-check the entries that have been scanned and indexed with the actual digital images.
Now that the records have been made public, Powell said she hopes to learn about a great-grandmother about whom she only recently was told had been alive up until Powell was around age 10. They never met because the great-grandmother, who had dementia, was kept hidden at home from other relatives.
“I’m most anxious to find out about my great-grandmother,” Powell said.
___
Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP | https://cw33.com/news/u-s-news/ap-u-s-headlines/census-records-from-1950-could-solve-some-family-mysteries/ | 2022-04-01T19:20:32Z |
AUGUSTA, Ga. (AP) — Mary Gray hadn’t even made it all the way to the first tee at Augusta National Golf Club when the reality of the protective bubble that settles over the course during Masters’ week fully set in.
She knew the club’s “no phone policy” and dutifully left her cell in her group’s rental car. Standing near the massive leaderboard to the right of the first fairway before Tuesday’s practice round and clutching a disposable camera that took multiple trips to a drug store to secure, Gray kept reflexively tapping her pocket.
“I’m … jonesing,” Gray said with an exasperated laugh.
She’s not alone. Part of the Masters’ enduring appeal is its timelessness.
“It’s like a different world when you walk through the gates,” said 21-year-old Tim Nelson of Atlanta, clad from head to toe in Masters swag while watching Tiger Woods chipping 30 yards away.
A world that predates selfies and social media and all the other daily distractions that fit in the palm of our hands. To step onto the perfectly manicured grass is like boarding a 352-acre time machine. It comes with its perks. Such as azaleas in bloom. Pimento cheese sandwiches that run just $1.50 and a chance to truly unplug for a few hours.
Still, the Fear Of Missing Out is real. Besides, what good is posing for a group picture at any number of Augusta’s iconic spots if you can’t immediately humble brag about it on the social media platform of your choosing?
No “Doing it for the ‘Gram” here.
“I know right!” said Melissa McDonald of Athens, Georgia as she posed for a picture being taken by her fiancee Max Jensen near the second green. “I think it’s cool that it’s sort of old school but at the same time, you’re so used to just being connected at all times.”
That connection to the outside world is put on hold at the nursery Bobby Jones turned into one of the most storied courses on the planet. The initial angst that Gray felt as she made her way from the entrance to the course didn’t exist for Kelly Poff of Orlando as she stood to the side of the eighth fairway waiting for Brooks Koepka to blast one on the par-5.
Poff’s family purchased a Go Pro on Monday explicitly so they could bring it to Augusta. At first, Poff admitted there was an “Oh my God, I can’t have my phone” moment. A couple of hours into her first session along the ropes, her anxiousness had eased.
“It’s kind of nice,” said Poff, who is from Orlando, Florida. “You’re really sort of away from it. Now it’s like, you don’t even think about your cell unless you want a selfie.”
While the Poffs splurged for something a little fancier than the kind of disposable technology last seen on tables at wedding receptions nearly a generation ago, Larry Diedrich fished into the back of a drawer for a waterproof digital camera that only sees the light of day during family trips to Hawaii.
“I had to remember to recharge it,” said Diedrich, who made the short two-hour trip from the Hilton Head, South Carolina, area.
Diedrich spent 20 years as a volunteer at the John Deere Classic, which basically has no restrictions, just like every other golf tournament on the planet. Searching for that charging cable was a small price to pay for the opportunity to snap a couple of action shots as players made their way to the fifth green.
A few holes away, Zach Mendill of Columbia, South Carolina, reveled in the chance to have the mostly undivided attention of his two sons as they navigated their way from the grandstand behind the eighth green to the ninth tee box.
“See boys, this used to be the 18th hole,” Mendill said as Trent and Anthony looked on silently underneath their blue-and-white Masters baseball caps.
No oohs. No aahs. But no telling them to put the hand-held device of their choice down either. It’s a tradeoff Mendill will happily live with.
“It’s nice to have a couple hours where it’s just me and them,” he said.
Augusta isn’t entirely cut off. There is a bank of touch-tone phones across from the gift shop and a few rows of them adjacent to a concession stand near the 18th tee, with instructions on how to use your credit card so you can give someone a shout just to tell them where you’re calling from.
“It’s kind of a ‘I’m here and you’re not,’ situation,” said Tom Miller of Charlotte, North Carolina, who called his brother to gently rub it in.
There are its drawbacks. Gray’s group of four became a group of three when they were separated at some point between the parking lot and the course. No phone means no quick text for a place to meet up. While she’d like to see a dedicated area where phones could be used, she understands it’s out of her hands.
You don’t come to Augusta to spend it with your head down scanning Twitter. You come for the sights. The smells. The roars. The tradition. The chance to be a part of something at a place intent on keeping its promise to deliver an experience unlike any other.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/disconnected-some-masters-fans-jonesing-for-their-phones/ | 2022-04-07T06:31:44Z |
BANGALORE, India, July 7, 2022 /PRNewswire/ -- AI database firm BangDB has launched the REST APIs for its converged data platform. BangDB is the world's highest performance database which makes it highly suitable for modern applications that require predictive real-time analysis for fast moving data from devices, sensors and machines. By bringing AI, Stream Processing, Graph and the database together in a single product, BangDB has created a modern stack to disrupt the data analysis market.
Graph processing with integrated AI and Stream is the way forward to tackle emerging requirements and use cases. Majority of the data will originate from devices in various shapes and sizes, coming from all directions in high speed. The context of the data will be extremely crucial for extracting the intelligence as quickly as possible. Correlation across various data points, events spanned over massive space would be key to data processing. Natural groups, networks and connections in time and space would be invaluable. To mine these in a productive manner, users need a simple abstraction and interface which hides all complexities and provides an efficient way to deal with the challenge.
BangDB is designed for emerging use cases which deals with Edge and Cloud computing in real-time in various different domains like IOT, FinTech, Log analysis, Supply Chain, etc. BangDB is available on Cloud, or on-prem, or even can be embedded in devices for true Edge computing. It has a user base of over 100K and is increasing rapidly. BangDB community edition is totally free, with a cloud subscription model and one month trial period. BangDB works with several enterprises with its custom license model. BangDB is all set to release its own AppStore with ready-made custom solutions in a few months.
BangDB was founded as part of IQLECT in 2015 by Sachin Sinha and is based in Bangalore. It is an Artificial Intelligence (AI) based converged database platform which aligns with the current & future data trends in the market. BangDB has been developed from the ground up and owns over a dozen patents in data processing. It has over 100K users across the world with several leading enterprises as clients. BangDB is backed by several VCs like Exfinity and VentureEast along with prominent angels Lip-Bu Tan, Michael Marks, Nicholas B, Pradeep Khosla.
Photo: https://mma.prnewswire.com/media/1853611/BangDB_API.jpg
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SOURCE BangDB | https://www.kxii.com/prnewswire/2022/07/07/bangdb-launches-apis-ai-graph-stream-processing-emerging-use-cases-data-analytics/ | 2022-07-07T13:50:05Z |
CALGARY, AB, July 26, 2022 /PRNewswire/ - Serenity DTx, today announces the appointment of Richard White, MBA, BSc, as Co-Chair of the Serenity DTx Inc. Advisory Board.
"I am proud to join the advisory board of Serenity DTx. Their science-based approach and innovative immersive experience is really a game changer for helping some of the most vulnerable patients deal with everything from pain management to dementia," States Richard White.
He continued, "Coupling the immersive visual experience of VR with auditory stimulation that has been shown to have lasting effects for hours after a session, is really incredible". "To see memory care patients with significant agitation, react so positively and quickly once they put on the VR headset is amazing. Not only does it calm them but also provides respite to the care staff."
"Richard has in-depth knowledge in the field of innovative senior care and a vast network that will help us further develop solutions that will improve lives and the health and well-being of our customers and their residents. We are really excited to have secured his participation in our company going forward," said Paul McCrea, C.E.O. for Serenity DTx.
Richard is a seasoned executive with an expertise in innovative new market development, segment penetration, strategic partnerships, and greenfield start-ups.
Currently, Richard works for PointClickCare, a leader in electronic health records and care coordination. He is working to advance the life science initiatives of the company focused on democratizing the access to life-changing clinical trials for the vulnerable populations that PointClickCare serves. Prior to taking on this challenge, Richard held leadership positions within the PointClickCare senior living business and corporate development teams, where he established a beachhead for the company in the UK market.
Prior to PointClickCare, Richard led multiple successful start-ups in a variety of industries, including printing technology, consumer goods, and recycling. He holds a BSc from the University of Western Ontario and an MBA from IMD in Lausanne, Switzerland. He enjoys living and working in the beautiful Blue Mountains of Ontario on the southern shores of Georgian Bay.
Serenity DTx Inc: A trusted provider of transformative digital therapeutics to measurably enhance and improve health and personal well-being. This portable remotely administered technology will positively disrupt, enhance, and advance medical and wellness treatment strategies.
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SOURCE Serenity DTx Inc. | https://www.mysuncoast.com/prnewswire/2022/07/26/serenity-dtx-appoints-new-co-chair-member-advisory-board/ | 2022-07-26T17:55:38Z |
A father says he put 1,000 miles on his car to find specialty formula for premature infant daughter
By Ray Sanchez, CNN
Mac Jaehnert said he put 1,000 miles on his car in the last week looking for a specialty nutritional formula for daughter MacKenzie and other premature babies in his southeastern Washington state community.
“It’s been a frustrating, heartbreaking, unnecessary challenge for a kid who has already overcome so much,” Jaehnert told CNN Saturday, echoing the sentiments of parents caught up in a worsening nationwide baby formula shortage.
Jaehnert described empty store shelves in his search for Similac NeoSure in the city of Richland and surrounding areas — part of a growing national crisis that has forced the Biden administration to order the use of military aircraft to expedite the delivery of baby formula to the United States.
Jaehnert and his wife, Emily, said they have been fortunate to receive donations of NeoSure after getting their story out but urged others to donate cans of formula to food banks to help meet the urgent demand across the country.
At Medical University of South Carolina (MUSC) Shawn Jenkins Children’s Hospital, at least four babies were recently hospitalized due to complications from the ongoing shortage, according to spokeswoman Carter Coyle.
Coyle said three babies were hospitalized due to intolerance of formulas parents used because of the shortages; another was sickened by mineral imbalances from caregivers mixing their own formula.
Clinical dietitians at the hospital urged parents not to dilute formula or attempt to make their own, referring them to guidelines from the American Academy of Pediatrics.
In Memphis, Tennessee, a doctor at Le Bonheur Children’s Hospital said this week that a toddler and a preschooler were admitted because the specialty formula they needed was out of stock and they couldn’t tolerate replacements.
The toddler, who had been in the hospital for about a week, was discharged Tuesday. The preschooler, who was admitted in April, remains in the hospital, according to the hospital.
The baby formula shortage is affecting parents coast to coast, including those who choose not to or cannot breastfeed and those whose medically fragile children can’t tolerate other nutrition sources.
Beyond scouring the internet, parents like the Jaehnerts tirelessly search store shelves daily. Others coordinate formula exchanges through Facebook pages and spend countless hours — and sometimes huge sums of money — to make sure their children have food.
MacKenzie Jaehnert was born three months early in December and weighed 2 pounds, 5.7 ounces, her father said on Twitter. She spent more than 100 days in the neonatal intensive care unit. Jaehnert said Saturday he and his wife are “terrified” at the prospect of transitioning “a kid who is just barely hanging on” to a new nutritional formula.
“I fear that she’ll fall off of her growth chart more than she already is,” Emily Jaehnert said of MacKenzie. “I fear that she will have an upset stomach, that it won’t sit well with her, that she won’t get the nutrition that she needs, that this particular formula right now is providing for her.”
Officials in Washington are now confronting criticism that the U.S. Food and Drug Administration moved too slowly to address warning signs of the shortage. At the same time, they’re attempting to learn whether formula companies are actually short on ingredients, while also trying to tackle potential price gouging.
At the heart of the crisis is a shuttered manufacturing plant in Michigan. The Abbott Nutrition plant, which is poised to restart production soon, closed after two babies who had consumed formula produced there became ill and died, prompting an investigation.
The closure exacerbated shortages caused by supply chain disruptions and highlighted how concentrated the formula industry is.
“I would really love for someone to figure out why we weren’t warned as the parents of premature kids,” Mac Jaehnert said Saturday. “This absolutely blindsided us… When did they know and why weren’t we warned of this shortage, because it put a lot of families in a really devastating position.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Edward-Isaac Dovere and Kaitlan Collins contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/05/21/a-father-says-he-put-1000-miles-on-his-car-to-find-specialty-formula-for-premature-infant-daughter-2/ | 2022-05-21T23:49:37Z |
New tracks and innovation tech talks fill SCTE® Fall Technical Forum as exhibitors prepare for the first in-person SCTE Cable-Tec Expo® since 2019
EXTON, Pa., May 19, 2022 /PRNewswire/ -- The Society of Cable Telecommunications Engineers (SCTE®), a CableLabs® subsidiary, previews key content for Cable-Tec Expo® 2022, chaired this year by Comcast Cable President and CEO David Watson and Liberty Global Vice-chairman and CEO Michael Fries.
Aligning with this year's theme of "Creating Infinite Possibilities," the volume and quality of papers submitted for the annual Fall Technical Forum is unprecedented, with subject matter experts preparing to discuss innovation in a showcase of current and forward-looking technologies and solutions helping to power the industry's 10G platform and advance its technical foundation. The SCTE Cable-Tec Expo 2022 Program Committee, co-chaired by Comcast SVP of Technology, Environments & Strategy Sherita Ceasar and Liberty Global VP of Technology Bill Warga selected a total of 130 papers for presentation at Expo, sorted into nearly 60 powerful sessions across 13 categories, including the introduction of three new tracks:
- Artificial Intelligence & Machine Learning – NEW in 2022
- Cloud & Virtualization
- Converged Networks
- DevOps & Agile – NEW in 2022
- Energy Management
- Internet of Things
- Operational Transformation
- Security & Privacy
- Software Development, Automation, and Tooling – NEW in 2022
- Video Services
- Wireless Access Network
- Wireline Access Network
- Workplace
Known globally as the preeminent venue for thought leadership, engineering innovation, and pioneering business insights, SCTE Cable-Tec Expo organizers are preparing to reunite thousands of professionals in-person for more than 100 hours of learning with premier thought leaders and hundreds of innovative vendors with leading-edge technology solutions. Expo 2022 will be hosted September 19-22 in Philadelphia, PA, combining the best elements of an on-site experience with compelling streaming content, which will also be made available post-event to full conference attendees.
Look for additional announcements and complete content in the coming months. Registration for Expo 2022 opens June 22, 2022.
About SCTE® Cable-Tec Expo®
SCTE® Cable-Tec Expo® is the preeminent venue for thought leadership, engineering innovation and dealmaking within the broadband telecommunications industry. Hosted by the Society of Cable Telecommunications Engineers (SCTE), a subsidiary of CableLabs®, Expo 2022 will be hosted in Philadelphia, PA, September 19-22 and chaired by industry leaders Comcast President and CEO David Watson and Liberty Global Vice-chairman and CEO Michael Fries. The most compelling technologies that are building the future of cable telecommunications will be on display as we celebrate collaboration and "Creating Infinite Possibilities," the theme for Expo 2022. More information at expo.scte.org.
About SCTE®, a subsidiary of CableLabs®
SCTE is shaping the future of connectivity. Through technological leadership and innovation, SCTE has served as the applied science leader for the cable telecommunications industry for more than five decades. As a not-for-profit member organization, SCTE moves member companies forward through continuous training for the workforce of tomorrow and by putting leaders into the conversations that matter. SCTE is the force behind the annual SCTE Cable-Tec Expo®, the largest cable telecommunications and technology tradeshow in the Americas. Learn more at www.scte.org.
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SOURCE Society of Cable Telecommunication Engineers (SCTE) | https://www.mysuncoast.com/prnewswire/2022/05/19/scte-cable-tec-expo-2022-amps-up/ | 2022-05-19T23:03:39Z |
ATLANTA, Aug. 16, 2022 /PRNewswire/ -- Eagles Landing Health is a name well known around south metro Atlanta for its very important mission: to improve people's lives by providing quality healthcare when and where they need it. It's a mission that the doctors and staff at Eagles Landing Health have been living up to for more than thirty years in Georgia. What started as a single office and a single doctor, quickly grew to meet the pressing needs of a growing community.
This month Eagles Landing Health announced they will become Aylo Health. The rebrand signals a reaffirmation of the provider's long-standing mission and the desire to reach more patients in need of high-quality, accessible healthcare.
"The model of care we've developed is truly something exceptional," said Eagles Landing Health / Aylo Chief Executive Officer, Nick Williams in a statement to staff. "We needed a name that was not tied just to our geographic location, but to represent our overall mission. By redefining healthcare, we are defining what it means to be Aylo Health."
Beyond the traditional family medicine model, patients here have access to services like Diagnostic Imaging, Diabetic Care (Endocrinology), Pediatrics and Sleep Medicine. This unique and expansive network of services has allowed Eagles Landing Health to provide help for so many patients over the years, and it will allow Aylo to continue to do so for many more to come.
When Eagles Landing Health officially transitions to Aylo Health later this month, the provider ensures there will be zero changes or disruptions for patients. The new Aylo brand aims to make patient experiences a top priority, committing to their patients that Aylo will be 'changing the way healthcare was designed by providing quality care at your convenience.'
"Aylo is an exciting new chapter in our history," said Tim Reichert, Eagles Landing Health / Aylo Vice President of Marketing. "We're on a mission to redefine great healthcare, and in the process give it a new name."
To find out more about the Aylo brand, and Aylo Health providers visit ELHealth.com/ComingSoon
CONTACT: Tim Reichert, Vice President of Marketing, (770) 914 - 0116 x 11820
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SOURCE Eagles Landing Health | https://www.kxii.com/prnewswire/2022/08/16/major-south-atlanta-family-medicine-provider-eagles-landing-health-become-aylo-health/ | 2022-08-16T14:10:35Z |
“Now we need them to deliver,” says Sec. Buttigieg as flight cancellations increase
WASHINGTON (Gray DC) - The hundreds of flight cancellations across the country as we head toward a busy holiday travel weekend is an issue that’s catching the attention from top government officials.
Department of Transportation Secretary Pete Buttigieg said it is time for the airline industry to deliver.
Buttigieg said, “passengers have high expectations from an industry that we have supported with tens of billions of dollars in taxpayer funding through the pandemic to keep it up and running so that it can serve passengers. Now we need them to deliver.”
Concerned about flight cancellation trends, Secretary Buttigieg said he has spoken directly with airlines.
He said, “Something I’ve asked them to do so that if you’re selling a ticket, you know you can back that up, that you have the staffing to do it.”
Rebecca Spicer, Senior Vice President with Airlines For America, a group that represents some of the largest U.S. airlines, said, “we do know that there are some challenges and airlines are working day-in and day-out to get things right. That’s why they are proactively making changes to their own schedules. They are taking flights off the schedule to create a little bit more wiggle room in the schedule and a little bit more flexibility.”
Spicer also said she can’t predict how many more flights could be canceled during the holiday weekend. She did say, however, that the industry is aggressively hiring new people.
Spicer said, “once we get people on board, it takes time to train them and make sure that they are fully on board it and ready to go. So hiring in the airline industry isn’t like just flipping a switch. It does take time.”
A tip Spicer shared if you are taking to the skies -- download your airlines’s app as soon as you buy a ticket. She said that is the most effective and efficient way for an airline to notify you about changes.
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/07/01/now-we-need-them-deliver-says-sec-buttigieg-flight-cancellations-increase/ | 2022-07-01T14:22:15Z |
BEIJING, April 7, 2022 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", or the "Company"), a China-based company that provides smart campus solutions and other educational services, today announced that it entered into definitive subscription agreements (the "Agreements") with certain accredited investors in a private placement transaction, pursuant to which the investors agreed to subscribe for and purchase, and the Company agreed to issue and sell an aggregate of 6,000,000 ordinary shares of the Company, par value $0.001 per share, to these investors for an aggregate purchase price of US$9.0 million. The Agreements and the transactions contemplated thereby have been approved by the Company's board of directors on April 1, 2022.
Pursuant to the Agreements, the Company agreed to sell an aggregate of 6,000,000 ordinary shares, par value $0.001 per share, at a purchase price of $1.50 per share. The Company intends to use the proceeds for its working capital and general corporate purposes.
The ordinary shares sold in the private placement have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration with the U.S. Securities and Exchange Commission ("SEC") or an applicable exemption from such registration requirements. The offer and sale of the Company's ordinary shares under the Agreements were made as part of an "offshore transaction" and there was no "directed selling efforts" in the United States and, as such, such offer and sale falls under an exemption provided under Regulation S from the Section 5 registration requirements of the Securities Act of 1933, as amended.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
For further details of this transaction, please see the Form 6-K filed with the SEC on April 7, 2022.
About China Liberal Education Holdings Limited
China Liberal, headquartered in Beijing, is an educational services provider in China. It provides a wide range of services, including those under sino-foreign jointly managed academic programs; overseas study consulting services; technological consulting services for Chinese universities to improve their campus information and data management system and to optimize their teaching, operating and management environment, creating a "smart campus"; and tailored job readiness training to graduating students. For more information, please visit the Company's website at ir.chinaliberal.com.
Forward-Looking Statements
This document contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's expectations and projections about future events, which the Company derives from the information currently available to the Company. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review risk factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission.
Investor Relations Contact
China Liberal Education Holdings Limited
Email:ir@chinaliberal.com
Ascent Investor Relations LLC
Ms. Tina Xiao
Email: tina.xiao@ascent-ir.com
Tel: +1 917 609 0333
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SOURCE China Liberal Education Holdings Limited | https://www.kxii.com/prnewswire/2022/04/07/china-liberal-education-holdings-limited-announces-us9-million-private-placement/ | 2022-04-07T13:22:26Z |
LEGENDARY BAND'S DEBUT ALBUM, CAN'T BUY A THRILL, WILL KICK OFF THE YEARLONG REISSUE PROGRAM ON NOVEMBER 4TH
LOS ANGELES, Sept. 16, 2022 /PRNewswire/ -- Led by the songwriting and virtuoso musical duo of Walter Becker and Donald Fagen, Steely Dan released an extraordinary run of seven albums on ABC Records and MCA Records from 1972 through 1980. Filled with topline musicianship, clever and subversive wordplay, ironic humor, genius arrangements, and pop hits that outshone the Top 40 of its day, their records, which were as sophisticated and cerebral as they were inscrutable, were stylistically diverse, melding their love of jazz with rock, blues, and impeccable pop songcraft.
Now at long last, Steely Dan's classic ABC and MCA Records catalog will return to vinyl with an extensive yearlong reissue program of the band's first seven records, which is being personally overseen by founding member Donald Fagen. The LPs, most of which haven't been widely available since their original release, will be available on 33 1/3 RPM 180-gram black vinyl via Geffen/UMe, and as a limited-edition premium 45 RPM version on Ultra High-Quality Vinyl (UHQR) from Analogue Productions, the audiophile in-house reissue label of Acoustic Sounds. Analogue Productions will also release this series of titles on Super Audio CD (SACD).
The series will kick off on November 4th with the album that started it all, Steely Dan's legendary 1972 debut LP, Can't Buy A Thrill, now in its 50th anniversary year, featuring the band's breakthrough hits, "Do It Again," "Reelin' in the Years," and the recently viral "Dirty Work," with original lead vocalist David Palmer.
Additional albums will roll out periodically throughout 2022 and 2023 and will include the band's sprawling 1973 sophomore LP, Countdown to Ecstasy, with such standouts as "Bodhisattva," "Show Biz Kids" and "My Old School," sung by Donald Fagen who took over as lead vocalist; 1974's jazzy Pretzel Logic, their first Top 10 album with the massive hit, "Rikki Don't Lose That Number;" 1975's swing-pop perfection Katy Lied, with highlights "Black Friday," "Bad Sneakers" and "Doctor Wu," and the addition of Michael McDonald on vocals; 1976's guitar-driven The Royal Scam, featuring "Kid Charlemagne" and "The Fez;" 1977's platinum-selling jazz-rock masterwork Aja, which includes the three hit singles – "Deacon Blues," Peg" and "Josie" – and the elegant title cut; and their final album for MCA, and last for 20 years, 1980's brilliant Gaucho, with "Hey Nineteen," and "Time Out Of Mind," featuring Mark Knopfler on guitar.
Pre-order Can't Buy A Thrill here: https://steelydan.lnk.to/CantBuyAThrillPR
All albums are being meticulously remastered by Bernie Grundman from the original analog tapes except for Aja, which will be mastered from an analog, non-EQ'd, tape copy, and Gaucho, which will be sourced from a 1980 analog tape copy originally EQ'd by Bob Ludwig. (There's no evidence the original tapes containing the flat mixes of Aja and Gaucho were delivered to the record label and it's presumed the tapes no longer exist.) Lacquers for UMe's standard 33 1/3 RPM 180-gram version will be cut by Alex Abrash at his renowned AA Mastering studio from high-resolution digital files of Grundman's new masters and pressed at Precision. They will be housed in reproductions of the original artwork.
The 45 RPM UHQR version will be pressed at Analogue Productions' Quality Record Pressings on 200-gram Clarity Vinyl, packaged in a deluxe box, and will include a booklet detailing the entire process of making a UHQR along with a certificate of inspection. Each UHQR is pressed, using hand-selected vinyl, with attention paid to every single detail of every single record. All of the innovations introduced by QRP that have been generating such incredible critical acclaim are applied to each UHQR. The 200-gram records feature the same flat profile that helped to make the original UHQR so desirable.
The Steely Dan vinyl reissue program follows last year's release of Steely Dan's Northeast Corridor: Steely Dan Live! and a live version of Donald Fagen's acclaimed solo album, The Nightfly Live, which were both released via UMe on 180-gram vinyl, CD, and digital. The first live Steely Dan album in more than 25 years, Northeast Corridor: Steely Dan Live! was recorded across tour dates at New York City's Beacon Theatre, The Met Philadelphia, and more, and showcases selections from Steely Dan's extraordinary catalog of slinky grooves, sleek subversive lyrics, and infectious hits. Fagen's The Nightfly Live was performed live by The Steely Dan Band.
Steely Dan helped define the soundtrack of the '70s with hits such as "Reeling in the Years," "Rikki Don't Lose That Number," "Peg," "Deacon Blues," "Babylon Sisters," and "Hey Nineteen," culled from their seven platinum albums issued between 1972 and 1980 (including 1977's groundbreaking Aja). Both their sound and their notoriety survived the '80s despite Walter Becker and Donald Fagen occasionally surfacing for a solo project. They reunited as Steely Dan in the early '90s, touring successfully throughout the decade and releasing a live album in 1995 (Alive In America). In 2000, they released their multi-GRAMMY® winner, Two Against Nature, and were inducted into the Rock and Roll Hall of Fame in 2001.
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SOURCE Geffen Records/UMe | https://www.kxii.com/prnewswire/2022/09/16/steely-dans-classic-abc-amp-mca-records-catalog-be-remastered-original-tapes-reissued-180-gram-black-vinyl-via-ume-uhqr-sacd-via-analogue-productionsquality-record-pressings/ | 2022-09-16T13:53:33Z |
The new cycling program takes advantage of Virginia's Blue Ridge's booming cycling culture.
SALEM, Va., June 2, 2022 /PRNewswire/ -- Roanoke College announced today that it will launch a competitive cycling program for women and men. The announcement was made by Tom Rambo, dean of students, at the announcement of the courses for the 2022 USA Cycling Amateur Road National Championships, which will be held in Virginia's Blue Ridge from June 29 to July 2.
Although cycling as a sport is new to Roanoke College, there is a strong connection between Roanoke College and cycling. Roanoke College soccer captain Shelley Olds '03 became a world class cyclist after graduating from the College in 2003. She was a member of the U.S. Olympic Team and competed in the 2012 London Olympics.
"I am ecstatic about the news that Roanoke College will have a collegiate cycling team," Olds said. "There couldn't be a more perfect location for competitive cycling. The terrain and beauty of the Roanoke area is an easy draw for both recreational and amateur cyclists of all ages. I think many student-athletes, current and prospective, will see this as an incredible opportunity to enhance their collegiate experience as well as their athletic growth and development."
"I will be rooting for the team, and I know that anything that Roanoke College commits to, they end up doing very well," Olds said. "I have no doubt that the collegiate cycling team will be well-run and extremely successful."
Roanoke College has registered both men's and women's teams with USA Cycling, competing this fall as a club sport. The teams, for men and women, will elevate to varsity status within a few years and at that time will compete as part of the Atlantic Collegiate Cycling Conference (ACCC.)
"USA Cycling is excited to have Roanoke College back on board after more than a 10-year hiatus," said Justin Evans, USA Cycling's Collegiate and Interscholastic Programs Manager. "The new leadership is pushing the program in the direction of success, so we are excited to see how this program grows from their restart as a club and the transition to varsity in the coming semesters."
The College will begin the search for a cycling coach this summer. There is already interest in the program and the College is recruiting students to take part in the booming cycling culture in Virginia's Blue Ridge. One recent addition to that culture is Virginia's Blue Ridge TWENTY24, a national cycling team that aims to prepare female cyclists for the Olympics. The team is based in the Roanoke Valley.
"The Virginia's Blue Ridge TWENTY24 team is recognized as a valued recruitment platform for young athletes heading to college, with eight professional athletes and 27 junior athletes currently in the program," said Nicola Cranmer, founder and general manager of Virginia's Blue Ridge TWENTY24 cycling team. "I'm thrilled that Roanoke College will be an additional pathway to education for cycling students. The timing is perfect with USA Cycling Amateur National Championships coming to Virginia's Blue Ridge in the coming weeks, and this is a super opportunity for students to experience first-hand what the area has to offer."
Virginia's Blue Ridge is home to excellent cycling assets as America's East Coast Mountain Biking Capital including a Silver-level Ride Center designation from the International Mountain Bicycling Association. Region-wide the area has excellent road cycling on the Blue Ridge Parkway and greenways as well as emerging gravel trails.
Roanoke College, located in Salem, Virginia, offers an innovative core curriculum and majors that allow for depth of study and research. Roanoke College encourages students to believe in themselves and their potential. Students participate in internships, creative projects, community service, and study away — endeavors that help them find their purpose in life. The Roanoke College experience is a full one, only enhanced by its setting — minutes away from a vibrant city and the scenic Blue Ridge Mountains.
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SOURCE Roanoke College | https://www.mysuncoast.com/prnewswire/2022/06/02/roanoke-college-launching-competitive-cycling-program-men-women/ | 2022-06-02T18:57:47Z |
Fireworks versus thunderstorms!
SARASOTA, Fla. (WWSB) - As we get ready for the big fireworks at Nathan Benderson Park on Sunday, Mother Nature has another round of afternoon and evening storms. Storms will be hit and miss across the Suncoast, so we’ll hope for a “miss” for the fireworks. Even if a storm develops, they typically die down around 8pm to 9pm. That works well for the fireworks, which typically start at 9pm. The story is the same for Monday fireworks on the 4th of July, and into the coming week. Drier air will move in to end the week, so Friday has the lowest chance of storms.
Tropics are quiet for us with no new storms brewing. Colin has been downgraded to a tropical depression off the Carolina coasts. Bonnie is in the Pacific and moving west, where it will become a hurricane in a few days. Bonnie is still named Bonnie, even though it is in the Pacific now. It is only the 19th storm to crossover from the Gulf of Mexico to the Pacific. Prior to 2000, a crossover storm would have received a new name entering the Pacific. The last crossover storm was Hurricane Otto in 2016.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/03/fireworks-versus-thunderstorms/ | 2022-07-03T10:55:17Z |
Teacher shortages are real, but not for the reason you heard
BIRMINGHAM, Ala. (AP) — Everywhere, it seems, back-to-school has been shadowed by worries of a teacher shortage.
The U.S. education secretary has called for investment to keep teachers from quitting. A teachers union leader has described it as a five-alarm emergency. News coverage has warned of a crisis in teaching.
In reality, there is little evidence to suggest teacher turnover has increased nationwide or educators are leaving in droves.
Certainly, many schools have struggled to find enough educators. But the challenges are related more to hiring, especially for non-teaching staff positions. Schools flush with federal pandemic relief money are creating new positions and struggling to fill them at a time of low unemployment and stiff competition for workers of all kinds.
Since well before the COVID-19 pandemic, schools have had difficulty recruiting enough teachers in some regions, particularly in parts of the South. Fields like special education and bilingual education also have been critically short on teachers nationwide.
For some districts, shortages have meant children have fewer or less qualified instructors.
In rural Alabama’s Black Belt, there were no certified math teachers last year in Bullock County’s public middle school.
“It really impacts the children because they’re not learning what they need to learn,” said Christopher Blair, the county’s former superintendent. “When you have these uncertified, emergency or inexperienced teachers, students are in classrooms where they’re not going to get the level of rigor and classroom experiences.”
While the nation lacks vacancy data in several states, national pain points are obvious.
For starters, the pandemic kicked off the largest drop in education employment ever. According to the Bureau of Labor Statistics, the number of people employed in public schools dropped from almost 8.1 million in March 2020 to 7.3 million in May. Employment has grown back to 7.7 million since then, but that still leaves schools short around 360,000 positions.
“We’re still trying to dig out of that hole,” said Chad Aldeman, policy director at the Edunomics Lab at Georgetown University.
It’s unknown how many of those positions lost were teaching jobs, or other staff members like bus drivers — support positions that schools are having an especially hard time filling. A RAND survey of school leaders this year found that around three-fourths of school leaders say they are trying to hire more substitutes, 58% are trying to hire more bus drivers and 43% are trying to hire more tutors.
Still, the problems are not as tied to teachers quitting as many have suggested.
Teacher surveys have indicated many considered leaving their jobs. They’re under pressure to keep kids safe from guns, catch them up academically and deal with pandemic challenges with mental health and behavior.
National Education Association union leader Becky Pringle tweeted in April: “The educator shortage is a five-alarm crisis.” But a Brown University study found turnover largely unchanged among states that had data.
Quit rates in education rose slightly this year, but that’s true for the nation as a whole, and teachers remain far more likely to stay in their job than a typical worker.
Hiring has been so difficult largely because of an increase in the number of open positions. Many schools indicated plans to use federal relief money to create new jobs, in some cases looking to hire even more people than they had pre-pandemic. Some neighboring schools are competing for fewer applicants, as enrollment in teacher prep programs colleges has declined.
The Upper Darby School District in Pennsylvania has around 70 positions it is trying to fill, especially bus drivers, lunch aides and substitute teachers. But it cannot find enough applicants. The district has warned families it may have to cancel school or switch to remote learning on days when it lacks subs.
“It’s become a financial competition from district to district to do that, and that’s unfortunate for children in communities who deserve the same opportunities everywhere in the state,” Superintendent Daniel McGarry said.
The number of unfilled vacancies has led some states and school systems to ease credential requirements, in order to expand the pool of applicants. U.S. Education Secretary Miguel Cardona told reporters last week that creative approaches are needed to bring in more teachers, such as retired educators, but schools must not lower standards.
Schools in the South are more likely to struggle with teacher vacancies. A federal survey found an average of 3.4 teaching vacancies per school as of this summer; that number was lowest in the West, with 2.7 vacancies on average, and highest in the South, with 4.2 vacancies.
In Birmingham, the school district is struggling to fill around 50 teaching spots, including 15 in special education, despite $10,000 signing bonuses for special ed teachers. Jenikka Oglesby, a human resources officer for the district, says the problem owes in part to low salaries in the South that don’t always offset a lower cost of living.
The school system in Moss Point, a small town near the Gulf Coast of Mississippi, has increased wages to entice more applicants. But other districts nearby have done the same. Some teachers realized they could make $30,000 more by working 30 minutes away in Mobile, Alabama.
“I personally lost some really good teachers to Mobile County Schools,” said Tenesha Batiste, human resources director for the Moss Point district. And she also lost some not-so-great teachers, she added — people who broke their contracts and quit three days before the school year started.
“It’s the job that makes all others possible, yet they get paid once a month, and they can go to Chick-fil-A in some places and make more money,” Batiste said.
A bright spot for Moss Point this year is four student teachers from the University of Southern Mississippi. They will spend the school year working with children as part of a residency program for aspiring educators. The state has invested almost $10 million of federal relief money into residency programs, with the hope the residents will stay and become teachers in their assigned districts.
Michelle Dallas, a teacher resident in a Moss Point first-grade classroom, recently switched from a career in mental health and is confident she is meant to be a teacher.
“That’s why I’m here,” she said, “to fulfill my calling.”
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This story is part of an Associated Press collaboration with AL.com, The Christian Science Monitor, The Dallas Morning News, The Fresno Bee in California, The Hechinger Report, The Seattle Times and The Post and Courier in Charleston, South Carolina.
___
Associated Press writers Brooke Schultz in Harrisburg, Pa., Collin Binkley in Washington, D.C., and Carolyn Thompson in Buffalo, N.Y. contributed to this report. Lurye reported from New Orleans. Schultz is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.
___
The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.
___
For more back-to-school coverage, visit: https://apnews.com/hub/back-to-school
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/12/teacher-shortages-are-real-not-reason-you-heard/ | 2022-09-12T13:43:53Z |
FIRST-QUARTER PERFORMANCE DRIVEN PRIMARILY BY FAVORABLE IMPACT OF
PRICING ACTIONS / MATERIAL COST RECOVERY EFFORTS AND SUPPLY CHAIN INITIATIVES
ANNOUNCING CONTINUED MIRROREYE FLEET TRIAL EXPANSIONS WITH SCHNEIDER, MAVERICK
AND NUSSBAUM – OEM TAKE RATES REMAIN STRONG
2022 First-Quarter Results
- Loss per share ("EPS") of ($0.28)
- Adjusted EPS of ($0.27)
- Sales of $221.1 million
- Adjusted sales of $196.6
- Gross profit of $41.4 million (21.1% of adjusted sales)
- Operating loss of ($3.0) million ((1.5%) of adjusted sales)
- EBITDA of $4.3 million (2.2% of adjusted sales)
2022 Full-year Guidance Update
- Maintaining full-year 2022 revenue guidance of $860 million to $900 million
- Increasing 2022 adjusted gross margin, operating margin and EBITDA margin guidance by 25 basis points to reflect favorable ongoing impact of cost recovery efforts and supply chain initiatives
- Expecting incremental tax expense based on forecasted geographic mix of earnings and forecasted US tax on foreign operations
- Maintaining adjusted EPS guidance of ($0.15) to $0.10
NOVI, Mich., May 4, 2022 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2022, with sales of $221.1 million and loss per share of ($0.28). Adjusted sales were $196.6 million and adjusted EPS was ($0.27) for the first quarter. Sales were adjusted to normalize the impact of $24.4 million of electronic component spot buys recovered from customers within the quarter. The exhibits attached hereto provide reconciliation detail on this and all other normalizing adjustments.
For the first quarter of 2022, Stoneridge reported gross profit of $41.4 million (21.1% of adjusted sales). Operating loss was ($3.0) million ((1.5%) of adjusted sales). EBITDA was $4.3 million (2.2% of adjusted sales).
Jon DeGaynor, president and chief executive officer, commented, "In the first quarter we delivered financial performance that exceeded our previously outlined expectations despite continued macroeconomic challenges and supply chain disruptions impacting production and driving increased material costs. Our performance was driven by negotiated price increases that offset approximately 90% of the incremental material costs we incurred during the quarter. In addition to cost recovery actions, we continued to implement supply chain strategies to secure materials as efficiently as possible and support our customers in meeting strong demand in each of our end-markets. The actions we took in the quarter reduced the net impact of rising material costs and secured components to support our global customers, providing a strong foundation for more stable financial performance in 2022."
DeGaynor continued, "While we continue to work to efficiently execute and respond to market externalities, we are also focused on the growth initiatives that will drive long-term, profitable growth in 2022 and beyond. During the quarter, we continued to expand our MirrorEye® platform with the ongoing ramp-up of our first OEM program in Europe. Take rates remain strong as we have delivered over 2,500 systems to date and we continue to expect take rates of at least 35% for the full-year. Similarly, our retrofit market continues to expand with some of the largest fleets in North America. We are announcing continued retrofit expansion with both Maverick and Schneider and a new partnership with Nussbaum to expand their fleet trials. To date we have installed over 550 systems on Maverick vehicles, representing a large portion of the newer trucks in their fleet. We expect to have MirrorEye installed on over 1,000 Maverick trucks by the end of the year. Similarly, we continue to expand with Schneider as they plan to adopt the system across new divisions, operating units and locations this year. Nussbaum has also kicked-off their evaluations and we expect continued expansion across their fleet. We are excited about the market acceptance of the MirrorEye retrofit programs and expect to have additional and incremental fleet announcements with both our existing named partners and new partners in the coming quarters."
First Quarter in Review
Control Devices sales totaled $85.0 million, a decrease of 12.5% relative to adjusted sales excluding the divested soot sensor business in the first quarter of 2021, primarily due to lower production volumes in the Company's end-markets as a result of supply chain constraints and Covid-related shutdowns impacting production in China in the first quarter of 2022 partially offset by customer price increases. First quarter adjusted operating margin was 8.0%, a decrease of 320 basis points relative to the first quarter of 2021, excluding the impact of the divested business, primarily due to the increase in material costs as a result of supply chain constraints.
Relative to the fourth quarter of 2021, Control Devices sales increased 6.4% relative to adjusted sales excluding the divested soot sensor business, primarily due to improved stability in customer production and customer price increases during the quarter partially offset by Covid-related shutdowns impacting production volumes in China. First quarter adjusted operating margin increased 300 basis points relative to the fourth quarter of 2021, excluding the impact of the divested business, primarily due to pricing actions completed in the first quarter and reduced SG&A costs.
Electronics adjusted sales totaled $108.3 million, an increase of 22.0% relative to sales in the first quarter of 2021, primarily due to increased end-market demand, customer price increases and the ramp-up of new program launches partially offset by an unfavorable foreign currency impact of ($4.9) million. First quarter adjusted operating margin was (2.5%), a decrease of 180 basis points relative to the first quarter of 2021 primarily due to the increase in material costs as a result of supply chain constraints.
Relative to the fourth quarter of 2021, Electronics sales increased 12.2%, primarily due to increased end-market demand and customer price increases partially offset by an unfavorable foreign currency impact of ($1.7) million. Adjusted operating margin increased 240 basis points relative to the fourth quarter of 2021, primarily driven by pricing actions completed in the first quarter and favorable net engineering costs due in part to the timing of engineering recoveries from customers.
Stoneridge Brazil sales were $12.0 million, an increase of 5.6% relative to sales in the first quarter of 2021, primarily due to favorable foreign currency impact of $0.7 million. First quarter adjusted operating margin increased by 420 basis points relative to the first quarter of 2021, primarily due to lower SG&A costs.
Relative to the fourth quarter of 2021, Stoneridge Brazil sales decreased by approximately $1.9 million due to typical sales seasonality in the first quarter offset by a favorable foreign currency impact of $0.9 million. Stoneridge Brazil adjusted operating margin increased by 190 basis points relative to the fourth quarter of 2021 primarily due to lower material costs as a result of sales mix and lower cost of imported materials as a result of the strengthening of the Brazilian Reais against the US dollar rate during the quarter.
Cash and Debt Balances
As of March 31, 2022, Stoneridge had cash and cash equivalents balances totaling $41.4 million. Total debt as of March 31, 2022 was $152.9 million. The Company's 2022 amendment to the current Credit Facility waives the leverage ratio covenant for the first three quarters of 2022 and modifies the fourth quarter of 2022 covenant to include a maximum 4.75x leverage ratio. The Company expects to return to a more normalized net debt to trailing-twelve month adjusted EBITDA ratio by the end of 2022 with significant improvement in EBITDA expected in the second half of the year.
2022 Outlook
Matt Horvath, chief financial officer, commented, "The pricing and supply chain actions taken in the first quarter will provide us with a strong foundation to drive significantly improved financial performance in 2022. We expect continued strong demand, particularly in the second half of the year, as our new programs continue to ramp up and expand and supply chains continue to stabilize. However, material availability and global logistics dynamics continue to create the potential for volatility in production schedules for both us and our customers."
Horvath continued, "We are maintaining our full-year 2022 revenue and adjusted EPS guidance to reflect current market conditions and customer forecasts. We are raising our midpoint adjusted gross, operating and EBITDA margin expectations by 25 basis points to account for the ongoing favorable impact of pricing actions taken in the first quarter to offset incremental material prices. However, we expect offsetting incremental tax expenses based on our forecasted geographic mix of earnings and forecasted US tax on foreign operations to result in adjusted EPS guidance in-line with our previously outlined expectations of ($0.15) - $0.10."
The Company announced updated full-year adjusted gross margin guidance of 21.75% to 22.75% and adjusted operating margin guidance of 1.0% to 2.0%. Full-year tax expense guidance was updated to $4.5 million to $6.5 million. Adjusted EBITDA margin guidance was updated to 5.25% to 6.25%.
Conference Call on the Web
A live Internet broadcast of Stoneridge's conference call regarding 2022 first-quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, May 5, 2022, at www.stoneridge.com, which will also offer a webcast replay.
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, commercial, off-highway, and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.
Forward-Looking Statements
Statements in this press release contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this report and may include statements regarding the intent, belief or current expectations of the Company, with respect to, among other things, our (i) future product and facility expansion, (ii) acquisition strategy, (iii) investments and new product development, (iv) growth opportunities related to awarded business, and (v) operational expectations. Forward-looking statements may be identified by the words "will," "may," "should," "designed to," "believes," "plans," "projects," "intends," "expects," "estimates," "anticipates," "continue," and similar words and expressions. The forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by the statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among other factors:
- the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output;
- global economic trends, competition and geopolitical risks, including impacts from the ongoing conflict between Russia and Ukraine and the related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and China or other countries;
- our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions;
- the impact of COVID-19, or other future pandemics, on the global economy, and on our customers, suppliers, employees, business and cash flows;
- the reduced purchases, loss or bankruptcy of a major customer or supplier;
- the costs and timing of business realignment, facility closures or similar actions;
- a significant change in automotive, commercial, off-highway or agricultural vehicle production;
- competitive market conditions and resulting effects on sales and pricing;
- the impact of changes in foreign currency fluctuations
- customer acceptance of new products;
- our ability to successfully launch/produce products for awarded business;
- adverse changes in laws, government regulations or market conditions, including tariffs, affecting our products or our customers' products;
- our ability to protect our intellectual property and successfully defend against assertions made against us;
- liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
- labor disruptions at our facilities or at any of our significant customers or suppliers;
- business disruptions due to natural disasters or other disasters outside of our control;
- fluctuations in the cost and availability of key materials (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and components and our ability to offset cost increases;
- the amount of our indebtedness and the restrictive covenants contained in the agreements governing our indebtedness, including our revolving credit facility;
- capital availability or costs, including changes in interest rates or market perceptions;
- the failure to achieve the successful integration of any acquired company or business;
- risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber-attack and other similar disruptions; and
- the items described in Part I, Item IA ("Risk Factors") of our 2021 10-K filed with the SEC.
The forward-looking statements contained herein represent our estimates only as of the date of this release and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise.
Use of Non-GAAP Financial Information
This press release contains information about the Company's financial results that is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this press release. The provision of these non-GAAP financial measures for 2022 and 2021 is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non-GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this press release and the adjustments that management can reasonably predict.
Management believes the non-GAAP financial measures used in this press release are useful to both management and investors in their analysis of the Company's financial position and results of operations. In particular, management believes that adjusted sales, adjusted gross income and margin, adjusted operating income (loss) and margin, adjusted net income (loss), adjusted earnings (loss) per share, adjusted EBITDA, adjusted EBITDA margin, net debt, adjusted income before tax, adjusted income tax expense and adjusted tax rate are useful measures in assessing the Company's financial performance by excluding certain items that are not indicative of the Company's core operating performance or that may obscure trends useful in evaluating the Company's continuing operating activities. Management also believes that these measures are useful to both management and investors in their analysis of the Company's results of operations and provide improved comparability between fiscal periods.
Adjusted sales, adjusted gross income and margin, adjusted operating income (loss) and margin, adjusted net income (loss), adjusted earnings (loss) per share and adjusted EBITDA, net debt, adjusted income before tax and adjusted tax rate should not be considered in isolation or as a substitute for sales, gross profit, operating income (loss), net income (loss), earnings (loss) per share, debt, income before tax, income tax benefit or tax rate, cash provided by operating activities or other income statement or cash flow statement data prepared in accordance with GAAP.
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SOURCE Stoneridge, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/04/stoneridge-reports-first-quarter-2022-results/ | 2022-05-04T22:10:09Z |
Transaction Combines Integral's Small Donor Program with TargetSmart's Leading Data Platform
WASHINGTON, June 21, 2022 /PRNewswire/ -- Today, TargetSmart, the leading provider of political data for campaigns and advocacy organizations, announced it has acquired Integral Resources, a unique small-dollar fundraising firm that has helped progressive candidates and causes raise hundreds of millions of dollars since being founded in 1990.
TargetSmart will absorb Integral Resources' 6 full-time staff and phone center with more than 100 flexible work-from-home callers. Integral has a successful track record working with leading nonprofits and progressive organizations, including the ACLU, DCCC, End Citizens United, Let America Vote, Senate Majority PAC, DNC, DSCC, Emily's List, Giffords PAC and more. This is TargetSmart's first major acquisition since launching in 2006. After the combination, TargetSmart will employ more than 60 data scientists, engineers, strategists, and fundraising specialists spread across 23 states, making it the largest data and strategy company in politics.
"For decades, Integral Resources had been a major behind the scenes player, helping candidates and causes connect with new donors and activists. Under the leadership of legendary Democratic strategist Ron Rosenblith, Integral Resources developed and deployed techniques that helped ensure their clients had the resources they needed to succeed. At TargetSmart, we'll pair Integral's approach to grassroots fundraising with our best-in-class data, analytics, and polling to help our clients achieve their goals," said TargetSmart CEO, Tom Bonier.
TargetSmart will launch a Fundraising Solutions team led by Francis "Robi" Roberts, who had worked with Integral for fourteen years.
"TargetSmart is a natural home for the Integral team and the clients we serve. TargetSmart has the experience, relationships and visionary approach to political data to take our work to the next level," said Roberts.
As a result of the combination, TargetSmart will expand its offerings to clients to pair best- in-class targeting and analytics to prospect and engage with potential donors and supporters, using Integral's proven techniques and army of trained callers. In 2020, Integral helped their clients raise funds from 1.6 million donors and house a rich dataset of more than 6 million progressive and democratic donors.
The acquisition comes at a pivotal time for progressives as the movement leverages every available tool to raise funds to connect with voters and turn them out in November's historic election.
Terms of the transaction were not disclosed.
TargetSmart is the leading provider of political data that enables campaigns and organizations to successfully communicate with large audiences through personalized outreach. Their politically-focused approach combines consumer data, analytics, data integration and consulting solutions for microtargeted, multichannel marketing strategies.
TargetSmart is part of the TARA Group LLC, a holding company with a successful track record of investing in independently operated data and marketing companies.
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SOURCE TargetSmart | https://www.kxii.com/prnewswire/2022/06/21/targetsmart-acquires-integral-resources-launches-one-stop-fundraising-solutions-team/ | 2022-06-21T20:01:04Z |
SAN DIEGO, Aug 17, 2022 /PRNewswire/ -- North Island Credit Union has partnered with the Boys & Girls Clubs of Greater San Diego to make the new school year a little bit easier for hundreds of Club kids and their families. The credit union recently provided 500 backpacks and school supplies to the Boys & Girls Clubs of Greater San Diego as part of its annual Back 2 School Drive.
Backpacks were donated by North Island Credit Union, its employees, and members in a July branch drive, with school supplies by the credit union. The backpacks will be distributed to elementary through high school-aged students participating in Club programs across San Diego County prior to the start of the fall school year.
"Assisting our students and teachers in the important work of learning is a fundamental part of our community commitment. Every student deserves a great start to the school year, and that includes having the tools they need to succeed. We thank our members and employees for so generously joining us in helping ensure the Boys & Girls Clubs of Greater San Diego kids return to the classroom in August ready to learn," said North Island Credit Union CEO Steve O'Connell.
Sommer Cartier, Director of Corporate Partnerships, Boys & Girls Clubs of Greater San Diego, said, "The start of the school year can be incredibly stressful for many families across San Diego. Without access to resources and support, it can be difficult to provide children with the supplies needed to start the school year off right. The Boys & Girls Clubs of Greater San Diego's Back 2 School Drive exists to help ease the pressure families face each fall by preparing their students heading back to school. Thanks to the support of generous community partners, our Boys & Girls Club members start each new school year with the essential supplies needed to excel in the classroom."
The Boys & Girls Clubs of Greater San Diego changes lives through quality youth programs and guidance in a safe, affordable and fun environment. The Clubs serve kids ages 5-18 at 20 community-based sites countywide, making a difference in the lives of San Diego's future leaders – today's youth. Through its Back 2 School Drive, its members receive all the basic necessities to start the school year off right.
California Credit Union is a federally insured, state chartered credit union founded in 1933 that serves public or private school employees, community members and businesses across California. With more than 165,000 members and assets of over $4 billion, California Credit Union has 24 branches throughout Los Angeles, Orange and San Diego counties. The credit union operates in San Diego County as North Island Credit Union, a division of California Credit Union. California Credit Union offers a full suite of consumer, business and investment products and services, including comprehensive consumer checking and loan options, personalized financial planning, business banking, and leading-edge online and mobile banking. Please visit northisland.ccu.com for more information or follow the credit union on Instagram® or Facebook® @northislandcu.
The Boys & Girls Clubs of Greater San Diego is a 501(c)3 nonprofit organization that CHANGES LIVES through quality programs and guidance in a safe, affordable, and fun environment. We serve kids ages 5-18 with programs focused on ACADEMIC SUCCESS, CHARACTER DEVELOPMENT, and HEALTHY LIFESTYLES at 19 community-based sites countywide. We cover a service area of over 2,000 square miles from National City to Borrego Springs. To find an open Club that serves your community or donate, please visit SDYouth.org or call 858.866.0591.
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SOURCE North Island Credit Union | https://www.kxii.com/prnewswire/2022/08/17/north-island-credit-union-provides-500-back-to-school-backpacks-amp-supplies-boys-amp-girls-clubs-greater-san-diego/ | 2022-08-17T16:03:03Z |
Streamlined protocols meet public health goals while giving greater access for guests who are excited to cruise
SEATTLE, Aug. 15, 2022 /PRNewswire/ -- Holland America Line is updating its "Travel Well" COVID-19 protocols and procedures, including requirements for vaccinations and pre-cruise testing that meet public health goals while recognizing the evolving nature of the COVID-19 situation. These changes will go into effect for cruises departing on or after Sept. 6, 2022.
Under the simplified procedures, for most voyages up to 15 nights, vaccinated guests will no longer have to test before cruising and unvaccinated guests will be welcomed with a self-test within three days of sailing. The new protocols do not apply to itineraries for countries where local regulations may vary, including Canada, Australia and Greece.
"Our guests have been excited to return to cruising, and these changes will make it easier for more guests to explore the world in a safe and enjoyable environment," said Gus Antorcha, president of Holland America Line. "The new, simplified protocols recognize the evolving nature of COVID-19 while still ensuring we protect the health of our guests, team members and the communities we visit."
Key changes for cruises up to 15 nights (Ages 5 and older, not including full Panama Canal transits, trans-ocean and designated remote voyages):
- Vaccinated guests must provide evidence of vaccination status prior to embarkation. Pre-cruise testing is no longer required.
- Unvaccinated guests are welcomed aboard and must provide results of a negative medically supervised or self-test taken within three days of embarkation.
Protocols for cruises 16 nights or longer (plus full Panama Canal transit, trans-ocean and designated remote voyages, ages 5 and older):
- All guests will be required to submit a medically supervised COVID-19 test with written negative result. The test must be taken within three days of embarkation.
- Guests must be vaccinated or request an exemption.
Guests on longer voyages will be provided additional information about protocols based on ports visited. Guests can continue to submit documents electronically ahead of embarkation for a simple and faster check-in process. Holland America Line recommends that guests visit the TravelWell section of the company's website for updates prior to cruise departure, as well as instructions on how to provide results of a negative test.
For more information about Holland America Line, consult a travel advisor, call 1-877-SAIL HAL (877-724-5425) or visit hollandamerica.com.
Editors Note: Photos are available at https://www.cruiseimagelibrary.com/c/fjwxubsy.
Find Holland America Line on Twitter, Facebook and the Holland America Blog. Access all social media outlets via the home page at hollandamerica.com.
About Holland America Line [a division of Carnival Corporation and plc (NYSE: CCL and CUK)]
Holland America Line has been exploring the world since 1873 and was the first cruise line to offer adventures to Alaska and the Yukon nearly 75 years ago. Its fleet of premium ships visits nearly 400 ports in 114 countries around the world, offering an ideal mid-sized ship experience. A third Pinnacle-class ship, Rotterdam, joined the fleet in July 2021.
The leader in premium cruising, Holland America Line's ships feature innovative initiatives and a diverse range of enriching experiences focused on destination exploration and personalized travel. The best live music at sea fills each evening at Music Walk, and dining venues feature exclusive selections from Holland America Line's esteemed Culinary Council of world-famous chefs.
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SOURCE Holland America Line | https://www.wibw.com/prnewswire/2022/08/15/holland-america-line-simplifies-covid-19-procedures/ | 2022-08-15T17:20:50Z |
Microsoft Azure customers worldwide now gain access to X·CELERATE IoT to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.
SUNNYVALE, Calif., July 25, 2022 /PRNewswire/ -- Xoriant today announced the availability of its X·CELERATE IoT solution in the Microsoft Azure Marketplace, an online store providing applications and services for use on Microsoft Azure. Xoriant customers can now take advantage of the scalability, high availability, and security of Azure, with streamlined deployment and management.
Xoriant is a global product engineering, software development, and technology services company headquartered in Silicon Valley. Xoriant customers can rapidly provision the end-to-end X·CELERATE IoT solution and customize it for many industries including manufacturing, transportation/cold chain, and retail to drive operational efficiency, create new insights, lower downtime, and increase business productivity.
X·CELERATE IoT is a low-code solution that integrates data from IoT devices and enterprise data sources enabling sophisticated analytics to provide actionable insights. The solution uses machine learning to detect problems and provide improved visibility into processes. Workflow tools and a role-based interface enable automatically notifying the correct stakeholders when problems are discovered. Individuals throughout the organization are provided with the right data to inform business decisions. The solution leverages Microsoft Azure services including Azure IoT Hub, Azure IoT Edge, Azure Machine Learning, Azure Cognitive Services, Azure Cosmos DB, and Power BI.
Xoriant, a Microsoft gold co-sell partner, is accelerating the deployment, development, and optimization of Microsoft technologies to deliver innovative business-critical technology solutions. With over two decades of partnership with Microsoft, Xoriant has been helping clients across industries with the proven combinations of Azure, Microsoft Dynamics 365, Microsoft 365 services and related Microsoft products.
As a trusted Microsoft Partner, Xoriant's customizable solutions, proofs of concept, and consulting offers are published on Azure Marketplace.
"X·CELERATE IoT being listed on the Microsoft Azure Marketplace as a co-sell solution is a testament to long term partnership with Microsoft and bring the value-add benefits to end customers. Microsoft Azure marketplace allows Xoriant to reach new customers and markets faster by starting with proof of concepts to take solutions into pilots and production, to showcase quantifiable benefits using Microsoft Azure Services and Microsoft partnership," said Rajashree Varma, VP of Alliances, Xoriant.
"Through Microsoft Azure Marketplace, customers around the world can easily find, buy, and deploy partner solutions they can trust, all certified and optimized to run on Azure," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "We're happy to welcome Xoriant solution to the growing Azure Marketplace ecosystem."
The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.
Learn more about Xoriant X·CELERATE IoT on its page in the Azure Marketplace. Contact Xoriant directly for information about custom private plans available through the Azure Marketplace.
About Xoriant
Xoriant is a Silicon Valley headquartered product engineering, software development, and technology services firm with offices in the U.S., Europe, and Asia. For both technology companies and enterprises, from startups to the Fortune 100, we leverage our expertise in emerging technologies and our high-performing teams to deliver innovative solutions that accelerate time to market and keep our clients competitive.
Across all our technology focus areas – product engineering, DevOps, cloud, infrastructure and security, big data and analytics, data management and governance, digital, and IoT – every solution we develop benefits from our product engineering pedigree. For 30 years and counting, we have taken great pride in the long-lasting, deep relationships we have with our clients. Learn more at https://www.xoriant.com
For more information, press only:
Ritu Rungta
ritu.rungta@xoriant.com
Logo: https://mma.prnewswire.com/media/449859/PRNE_Xoriant_Logo.jpg
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SOURCE Xoriant | https://www.wibw.com/prnewswire/2022/07/25/xoriant-xcelerate-iot-now-available-microsoft-azure-marketplace/ | 2022-07-25T14:41:45Z |
WASHINGTON (AP) — Police have determined there was nothing suspicious about a tour of two Capitol office buildings that a House Republican gave to about 15 people the day before Jan. 6, 2021, when rioting supporters of then-President Donald Trump attacked the Capitol.
The House committee investigating the 2021 insurrection examined whether rioters had been involved in reconnaissance and surveillance before the attack, and Democrats suggested some Republican members may have helped them. But there has been no public evidence of that.
Rep. Barry Loudermilk, a Republican from Georgia, was simply showing his constituents around, Capitol Police Chief Tom Manger in a letter sent Monday.
Manger’s letter to Rep. Rodney Davis, the top Republican on the House Administration Committee, came a few weeks after the House committee investigating the insurrection had asked Loudermilk for more information about the tour it said he led the day before the attack.
Police reviewed surveillance video showing Loudermilk leading a tour of about 15 people in the Rayburn and Cannon House office buildings, Manger said.
Republicans on the House Administration Committee — Loudermilk is a member — had previously said they reviewed security footage from Jan. 5 and said there were “no tours, no large groups, no one with MAGA hats on.”
But Reps. Bennie Thompson of Mississippi and Liz Cheney of Wyoming, the chairman and vice-chairwoman of the separate Jan. 6 committee contended last month that their review of the evidence “directly contradicts that denial.”
Loudermilk has said the Jan. 5 tour was with a constituent family and took place in the House office buildings and not inside the Capitol building. He and Davis had called on Capitol Police in May to release surveillance video.
The Capitol complex includes 20 buildings and facilities, including House and Senate offices. Underground tunnels connect most of the buildings to the Capitol.
“At no time did the group appear in any tunnels that would have led them to the U.S. Capitol,” Manger wrote in the letter.
Rep. Pete Aguilar, D-Calif., a Jan. 6 committee member, said Tuesday the panel would still like to hear Loudermilk’s testimony and would like to show the video referenced by the Davis letter to let the public decide.
“What Republicans said last year was false — that there were no tours, no MAGA hats — that was patently false.”
Capitol Police say the tour was thoroughly examined and there was nothing suspicious about it.
“There is no evidence that Representative Loudermilk entered the U.S. Capitol with this group on January 5, 2021,” Manger said. “We train our officers on being alert for people conducting surveillance or reconnaissance, and we do not consider any of the activities we observed as suspicious.”
__
Associated Press writer Lisa Mascaro contributed to this report. | https://cw33.com/news/politics/ap-politics/police-house-republicans-tour-of-capitol-wasnt-suspicious/ | 2022-06-15T01:08:44Z |
WASHINGTON, June 22, 2022 /PRNewswire/ -- NASA Administrator Bill Nelson announced Wednesday the NASA Advisory Council (NAC) will convene its next meeting on August 9-10. Nelson also appointed new members to the NAC, who will provide leadership counsel and advice on agency programs and priorities.
"NASA remains a global leader in exploration as a result of having a world-class workforce and the NASA Advisory Council is no different," said Nelson. "I am incredibly proud of the accomplishments and progress we've made to date, and these new additions to the NAC will bring new ideas and solutions to complex problems we face. We are in the midst of another banner year at the agency, and I look forward to hearing from and working with an exceptional NAC."
The new council members are:
- Dr. John-Paul Clarke (Chair, NAC Aeronautics Committee) – Clarke is a professor of aerospace engineering and engineering mechanics at The University of Texas at Austin, where he holds the Ernest Cockrell Jr. memorial chair in engineering. He is also a former researcher at NASA's Jet Propulsion Laboratory in Southern California.
- Hon. Kay Bailey Hutchison (Member at Large) – Hutchison most recently served as the U.S. permanent representative to NATO and served in the U.S. Senate prior to that. While in the Senate, she served as chair of Commerce Science and Space Subcommittee, supporting funding for the NASA investment in research and education in STEM. In 2005 she sponsored and passed the National Aeronautics and Space Administration Authorization Act.
- Dr. Ellen Williams (Chair, NAC Science Committee) – Williams is the director of the Earth System Science Interdisciplinary Center and a distinguished university professor at the University of Maryland, where she works at the interface of energy technology and policy in the context of mitigating climate change. She is also the former director of the Advanced Research Projects Agency - Energy (ARPA-E).
- Ms. Jacklyn Wynn (Member at Large) – Wynn is vice president of strategic programs for the federal health sector at General Dynamics Information Technology, where she oversees multi-year, technology-enabled strategic engagements that provide high-quality health care enterprise solutions and resources across the federal health agencies.
Retired Gen. Lester Lyles will continue to chair the NAC and its 60 members appointed across the council and five committees supporting aeronautics, human spaceflight, science, and STEM, as well as technology, innovation, and engineering.
The NAC typically meets three times per year and the second virtual meeting of 2022 is slated for August 9-10, 2022. This year, in addition to its reviews of NASA's mission areas, the NAC will also align its work to focus on the following agency priorities:
- Climate Change
- Commercial and Industry Partnerships
- Diversity, Inclusion, Equity, and Accessibility
- International Collaboration
- Program Management and Acquisition
For the latest on the NASA Advisory Council events, activities, and news, visit:
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SOURCE NASA | https://www.kxii.com/prnewswire/2022/06/22/nasa-administrator-announces-next-nac-meeting-new-members/ | 2022-06-22T23:23:33Z |
Two powerhouses come together as The Raleigh Green Real Estate Group launches at Briggs Freeman Sotheby's International Realty
FORT WORTH, Texas, July 22, 2022 /PRNewswire/ -- Briggs Freeman Sotheby's International Realty is pleased to announce that Fort Worth native Raleigh Green has joined the brokerage's dynamic Fort Worth office, where he has also launched The Raleigh Green Real Estate Group to serve clients across North Texas. Green is one of the foremost luxury real estate advisors in the Dallas-Fort Worth region, receiving five-star reviews from all his clients.
A proven leader, a top producer and a skilled negotiator, Green has the Texas connections, the market insight and now the global reach of the Sotheby's International Realty network to be the agent his clients trust with every real estate need, anywhere. He is dedicated to realizing optimal results for his clients — regardless of a property's price point — by pursuing total excellence at every stage of their buying and selling journey. Innovation and hard work are not just buzzwords to Green: They are the characteristics of his work ethic and commitment to authentic relationships that inspire such fierce client loyalty.
Says one: "Raleigh is detail-oriented and a laser-focused advocate for his clients. He leaves no detail to chance and is willing to help in any manner to make the selling and buying process seamless and stress-free for all parties. It is impossible that there is a better real estate professional in the metroplex than Raleigh Green."
Says Green about his move to Briggs Freeman Sotheby's International Realty: "In this market, it's essential for a luxury real estate advisor to have an exceptional support team, innovative technology and visionary leaders. After looking at other brokerages, I was impressed with the ability of Briggs Freeman Sotheby's International Realty to offer it all. From the CEO's desk to the front desk, this brokerage could not be more supportive. I only see this maturing as our relationship continues."
Says Briggs Freeman Sotheby's International Realty CEO Robbie Briggs: "We are so excited that Raleigh has joined us. He has what it takes, and he has mastered this business. He exudes experience, savvy and energy, all grounded in integrity. He is an entrepreneur — one who absolutely gets real estate."
Green was born and raised in Fort Worth and is a former NCAA Division 1 athlete at The University of Texas at Austin, a graduate of Texas Christian University in Fort Worth and an MBA graduate from Southern Methodist University in Dallas. He is active in his Fort Worth community and serves on the boards of the Monticello Neighborhood Association and Agenda Jesus. He is also a leader at Christ Chapel Bible Church, where he, his wife and son are members. (A fun fact: Raleigh's community knowledge and associations have earned him the nickname "The Mayor of Fort Worth.") He continues to raise capital for his consulting group, Emerald Consulting Partners.
At Briggs Freeman Sotheby's International Realty, Green joins nearly 400 expert colleagues based in offices across North Texas: Dallas, Fort Worth, Southlake, Lakewood and Plano.
Interviews with Green and Briggs and high-resolution photos are available on request.
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SOURCE Briggs Freeman Sotheby's International Realty | https://www.kxii.com/prnewswire/2022/07/22/top-agent-raleigh-green-joins-no-1-luxury-brokerage-north-texas-forms-new-group-serve-clients-fort-worth-dallas-beyond/ | 2022-07-22T16:16:54Z |
FORT WORTH (KDAF) — After a two-year hiatus Fort Worth Botanic Garden is bringing back its Concerts in the Garden series.
For the 30th anniversary of this series, officials say that it will run for three weeks instead of five with concerts every Thursday through Friday until July 4.
Here is the schedule according to the City of Fort Worth:
- Asleep at the Wheel, Thursday, June 16.
- Jackopierce, Friday, June 17.
- The Music of The Eagles, Saturday, June 18.
- Sarah Jaffe, Sunday, June 19.
- Classical Mystery Tour, Thursday, June 23.
- The Music of Pink Floyd, Friday, June 24.
- Star Wars and Beyond, Saturday, June 25.
- Star Wars and Beyond, Sunday, June 26.
- The Music of The Rolling Stones, Friday, July 1.
- The Music of Queen, Saturday, July 2.
- July 4th Celebration, Sunday, July 3.
- July 4th Celebration, Monday, July 4.
Gates open at 6:30 p.m. with concerts beginning at 8:15 p.m. | https://cw33.com/news/local/need-something-to-do-this-summer-fort-worth-botanic-garden-is-bringing-back-concerts-in-the-garden/ | 2022-06-02T17:38:37Z |
DALLAS (KDAF) — Big Beautiful Harry Higgs, who is a resident of Dallas, is now going to be a brand ambassador for a North American indoor golf simulator entertainment concept.
The press release couldn’t describe Higgs any better, “X-Golf, the North American indoor golf simulator entertainment concept, today announces a partnership with Harry Higgs, the beloved PGA TOUR player, dad bod hype man and the common man’s favorite golfer.”
While he is currently residing in Dallas, Harry is a Kansas native and X-Golf will have him join Paige Spiranac and other golfers as an official ambassador for the brand.
“From a brand alignment perspective, the partnership with Harry is a perfect fit for X-Golf,” said Ryan D’Arcy, President and CEO of X-Golf America. “He is a man of the people and our core guests love him. We look forward to a long lasting relationship, while making engaging content along the way.”
Higgs also had high praise for his new partner, “Their technology is the most accurate I’ve seen and the short game and putting are so realistic, it’s crazy. I’m excited to visit locations this year when I’m on the road.”
Want to know more about X-Golf and Harry Higgs’s partnership? Click here! | https://cw33.com/news/local/dallas-golfer-big-beautiful-harry-higgs-named-brand-ambassador-for-indoor-golf-simulator/ | 2022-07-07T19:45:44Z |
New CNF Test Suite-based program will allow CSPs and telecom organizations to adopt Kubernetes and cloud native tools with confidence
VALENCIA, Spain, May 18, 2022 /PRNewswire/ -- KubeCon + CloudNativeCon Europe -- The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, today announced the Cloud Native Network Function (CNF) Certification Program. The CNF Certification Program will help Communication Service Providers (CSPs) and other telecommunications organizations identify which Network Equipment Providers (NEPs) follow cloud native best practices.
CNFs are applications that implement or facilitate network functionality in a cloud native way. CSPs and other telecom organizations are migrating away from traditional Virtual Network Functions (VNFs) toward CNFs and Kubernetes-based infrastructures that provide service reliability while lowering capital and operating expenses and encouraging cross-cloud compatibility. The program will enable NEPs and CNF creators to demonstrate the adoption of cloud native best practices in their networking products.
"Moving to cloud native infrastructures has long been difficult for telecom providers who have transitioned to VNFs and found themselves with siloed resources and specialized solutions not built for the cloud," said Priyanka Sharma, executive director of the Cloud Native Computing Foundation. "The CNF Certification program is designed to fill this gap by creating solutions optimized for cloud native environments. Some of the world's largest telecom organizations, including Huawei, Nokia, T-Mobile, and Vodafone, already use Kubernetes and other cloud native technologies, and this program will make it easier for others to do the same."
The CNF Certification Program runs on CNCF's CNF Test Suite and supports any product that runs in a certified Kubernetes environment. The CNF Test Suite is an open source test suite for telcos to validate how well they are following cloud native principles and best practices, like immutable infrastructure and declarative APIs. It leverages 10 CNCF-hosted projects and several open source tools, including Fluentd, Helm, Jaeger, and Prometheus. Currently, the CNF Test Suite can run approximately 70 workload tests, which are segmented into seven different categories, including:
- Compatibility, Installability & Upgradability
- Microservice
- State
- Reliability, Resilience & Availability
- Observability & Diagnostics
- Security
- Configuration
To get started, NEPs and CNF creators can self verify an application using the CNF Test Suite and submit results via pull request. Organizations that may not be ready to submit their results can still get started with the CNF Test Suite and use it to improve the "cloud-nativeness" in their products. CNFs that pass the CNF Certification will be considered 'Certified,' with more advanced levels to come as the program expands.
To learn more about the CNF Certification Program or get involved in CNCF's Telco initiatives:
- Read CNCF's recent blog, 'Testing cloud native best practices with the CNF Test Suite'
- Join the conversation on Slack (#cnf-certification, #cnf-testsuite-dev)
- Attend CNF Test Suite Contributor calls on Thursdays at 14:15 UTC
- Join the CNF Working Group meetings on Mondays at 16:00 UTC
Supporting Quotes:
"Building, deploying, and operating Telco workloads across distributed cloud environments is complex," said Tom Kivlin, principal cloud architect at Vodafone. "It is important to adopt cloud native best practices as we evolve to achieve our goals for agility, automation, and optimization. The CNF Certification is a great tool with which we can measure and drive cloud native practices across our platforms and network functions. We look forward to working with our partners and the CNCF community to further develop and drive adoption of the CNF Certification Program."
"F5 enthusiastically supports the CNCF Certification Program in promoting consistent performance, quality, and rigor as CSPs modernize their application, networking, and security infrastructures to deliver superior digital experiences," said Ahmed Guetari, VP of Products for Service Providers at F5. "CNCF certification efforts provide valuable validation, yielding best practices to improve critical vendor interoperability and encouraging additional momentum around CNF deployments."
"MATRIXX is excited to participate in the CNCF CNF Certification Program. We believe it will be instrumental in helping the telecom industry adopt cloud native technologies and best practices by harnessing the power of open source innovation and community collaboration," said Marc Price, CTO, MATRIXX Software. "To realize the full potential of 5G, service providers are transitioning to CNFs, though telecom networking presents new and unique challenges that require a continued evolution in cloud native best practices. This program will help our advancements in cloud native solutions while ensuring customers can implement these tools with confidence."
"PANTHEON.tech is delighted to be part of CNCF's initiative to show what cloud native computing should strive to be for telecom organizations," said Miroslav Mikluš, CPO of PANTHEON.tech. "We're excited to demonstrate our expertise in cloud native network functions by being one of the pioneering solutions to try the CNF Certification. Open source values and cloud native best practices are at the heart of what we do, and we are glad to be part of CNCF's effort to drive these forward."
Additional Resources
About Cloud Native Computing Foundation
Cloud native computing empowers organizations to build and run scalable applications with an open source software stack in public, private, and hybrid clouds. The Cloud Native Computing Foundation (CNCF) hosts critical components of the global technology infrastructure, including Kubernetes, Prometheus, and Envoy. CNCF brings together the industry's top developers, end users, and vendors and runs the largest open source developer conferences in the world. Supported by more than 500 members, including the world's largest cloud computing and software companies, as well as over 200 innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, please visit www.cncf.io.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page. Linux is a registered trademark of Linus Torvalds.
Media Contact
Katie Meinders
The Linux Foundation
PR@CNCF.io
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SOURCE Cloud Native Computing Foundation | https://www.wibw.com/prnewswire/2022/05/18/cncf-launches-cloud-native-network-function-certification-program/ | 2022-05-18T07:54:08Z |
ST PETERS, Mo., Aug. 2, 2022 /PRNewswire/ -- ScholarPath, an education platform designed to help high school students pursue a future true to their talents and passions, today announced that it has exceeded initial investment targets by closing on an extended round of multimillion-dollar financing for its ongoing multi-state expansion.
"Due to the caliber of investors and their passion for supporting the mission of our company, we recently made a decision to accommodate additional participants, and now are almost fully subscribed to that higher financing target, as well," said ScholarPath CEO Doug Mitchell.
ScholarPath is a transformational tool that helps students find their ideal career pathway and plan for life after high school. The platform connects students directly with colleges, employers and recruiters to identify their best next steps and find real opportunities.
Initially set to close at the end of June, this latest start-up funding round was extended and expanded to incorporate broader investor interest. ScholarPath will be deployed in public high schools starting this Fall. Planned implementations include schools in North Carolina and Missouri, with plans to implement in other states in early 2023.
"The majority of this funding will be used to expand hiring in our evolving Customer Success area, Mitchell said. "In addition, some of it will also be used to complete a few of our ongoing technology enhancement projects."
The company's innovative platform seeks to match students with various organizations, whether they be focused on specific trades and local employers, higher education colleges and universities, or the military.
"The assistance we offer students is increasingly essential in a society where career, school and candidate options are abundant and potentially overwhelming," Mitchell said.
"In terms of this most recent capital round, we are so grateful for the confidence and support we continue to receive from our community and financial partners, who are equally committed to our vision of deeper fulfillment for our students," he said.
MyScholar's ScholarPath is a workforce development social network tool for high school students. By building an ecosystem for students, colleges, employers and the military, ScholarPath is changing how high school students plan their future and how high school talent is recruited. The organization helps high school students find their right path, whether that be college, the workforce, or the military. Founded by an experienced team of educators and technologists, ScholarPath launched in multiple St. Louis high schools during the 2020/2021 school year, in conjunction with area chambers of commerce, employers, unions and the military. To learn more about ScholarPath's mission, visit www.scholarpath.com.
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SOURCE ScholarPath | https://www.wibw.com/prnewswire/2022/08/02/scholarpath-closes-expanded-financing-exceeds-initial-investment-targets/ | 2022-08-02T15:32:27Z |
WASHINGTON (AP) — The Biden administration is taking a key step to ensuring that federal dollars will support U.S. manufacturing — issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.
The guidance being issued Monday requires that the material purchased — whether it’s for a bridge, a highway, a water pipe or broadband internet — be produced within the U.S., according to administration officials. However, the rules also set up a process to waive those requirements in case there are not enough domestic producers or the material costs too much, with the goal of issuing fewer waivers over time as U.S. manufacturing capacity increases.
“There are going to be additional opportunities for good jobs in the manufacturing sector,” said Celeste Drake, director of Made in America at the White House Office of Management and Budget. “And as we’re looking at boosting American content, that means big corporations are going to create opportunities for small and medium-sized enterprises in the U.S. as supply chains are partially re-shored to try to meet the content standards.”
President Joe Biden has made such guidance a cornerstone for judging his record ahead of the 2022 midterm elections. The Democratic president says that he can leverage federal spending to create more U.S. factory jobs and reduce the reliance on China and other nations with geopolitical interests that diverge from America’s.
As Biden faces inflation at a 40-year high, he is betting that more domestic production will ultimately reduce price pressures, a response to Republican attacks that his $1.9 trillion coronavirus relief package initially triggered higher prices.
“From Day One, every action I’ve taken to rebuild our economy has been guided by one principle: Made in America,” Biden said Thursday in Greensboro, North Carolina. “It takes a federal government that doesn’t just give lip service to buying American but actually takes action.”
Biden said that the roughly $700 billion the government devotes annually to procuring goods is supposed to prioritize U.S. suppliers but the regulations going back to the 1930s have either been watered down or applied in ways that masked the use of foreign imports.
The administration could not say what percentage of construction material for existing infrastructure projects is U.S. made, even though the federal government is already spending $350 billion on construction this year. The new guidelines would enable government officials to know how many dollars go to U.S. workers and factories.
Tucked into the bipartisan infrastructure package that became law last November was a requirement that starting on May 14 “none of the funds” allocated to federal agencies for projects may be spent “unless all of the iron, steel, manufactured products, and construction materials used in the project are produced in the United States.” That’s according to the 17-page guidance being issued Monday.
The guidance includes three standards for these requirements to be waived: if the purchase “would be inconsistent with the public interest”; if the materials needed are not produced “in sufficient and reasonably available quantities or of a satisfactory quality”; or if the U.S. materials increase a project’s cost by more than 25%.
American manufacturers are about 170,000 jobs short of the 12.8 million factory jobs held in 2019, as manufacturing jobs began to decline before the pandemic began. But the U.S. has 6.9 million fewer manufacturing jobs compared with the 1979 peak, a loss caused by outsourcing and automation.
Getting more industrial jobs will likely mean adding more factories and assembly lines — as manufacturers are operating at a 78.7% capacity, which the Federal Reserve notes is above the historical average. | https://cw33.com/business/ap-business/biden-to-require-us-made-steel-iron-for-infrastructure/ | 2022-04-18T10:48:05Z |
More Black NFL retirees win dementia cases in rescored tests
PHILADELPHIA (AP) — Hundreds of Black NFL retirees denied payouts in the $1 billion concussion settlement now qualify for awards after their tests were rescored to eliminate racial bias.
Changes to the settlement made last year are meant to make the tests race-blind. The use of “race norming” in the dementia testing made it more difficult for Blacks to prove they had the kind of cognitive decline that qualifies retired players for awards that average $500,000 or more.
Nearly 650 men have had their dementia tests automatically rescored, according to a report released Friday by the law firm handling claims against the NFL. The retirees had met the other criteria for a successful claim, which includes hours of validity testing to show that their daily lives are significantly impaired and that they are not malingering.
Fifty-one now qualify for moderate to advanced dementia awards, which vary based on condition and years of play. Nearly 250 show signs of early dementia and will received up to $35,000 in enhanced medical testing and treatment. All of them initially failed to qualify because of the race-norming issues in testing.
The new test results will add millions to the NFL’s total payouts.
Thousands of other Black retirees can meanwhile seek new testing to see whether they qualify under the revised scoring formula. But advocates for the former players fear that many don’t know that, especially if they deal with memory issues and live alone.
“Men who are homeless, men who originally signed up but their cognitive function changed, men who are divorced or isolated — we are going to go looking for them,” said Amy Lewis, who along with her husband, retired Washington player Ken Jenkins, petitioned the judge overseeing the case and the Justice Department’s Civil Rights Division to address the race-norming issue.
The couple, once critical of class counsel Chris Seeger for his response to the issue, now work with him to get the word out.
At the end of the day, Lewis said, she doesn’t care whether she’s “inside the tent, outside the tent,” as long as more men get help navigating the claims process. Many cases drag on for years.
An NFL spokesman did not immediately return a phone call Friday morning or respond to email messages sent in recent weeks seeking comment on the rescoring.
Seeger — lead lawyer for the nearly 20,000 retired players, who negotiated the settlement with the NFL — has apologized for initially failing to see the scope of the racial bias. He vowed in a recent interview to “make sure the NFL pays every nickel they should.”
The league’s tally just passed $1 billion in approved claims. However, appeals and audits mean the actual payouts lag behind that number — and now stand at about $916 million. They include awards for four other compensable diagnoses: Alzheimer’s disease, Parkinson’s disease, Lou Gehrig’s disease and deaths before April 2015 involving CTE, or chronic traumatic encephalopathy.
As reviewers tackle the thornier dementia claims, the process has slowed down and the NFL appeals intensified. Today, nearly four in 10 dementia claims are audited by the claims administrator, Richmond-based BrownGreer — even after program doctors and expert panels weigh in.
“Their mantra is deny, deny, delay until you die,” said James Pruitt, 58, a wide receiver who played for Indianapolis and Miami from 1986 to 1991.
After his NFL retirement, Pruitt became a teacher and middle school principal in Palm Beach County, Florida. But in 2010, in his mid-40s, the district asked him to step down. He could no longer perform his duties.
Over time, he stopped calling on friends from his playing days.
“I don’t get out, and I don’t remember a lot of things. I’ve been told that I repeat things,” he said. “So I’m kind of embarrassed by the whole situation.”
After the settlement was approved in 2015, he and his wife attended meetings with the lawyers who traveled the country to sell the plan to retired players groups.
“We were told … this was going to be a very easy process, you just need to go to the doctors, get a qualifying diagnosis from them,” said Traci Pruitt, 42. “Yet here we are six years later, and we’re still getting the runaround.”
The couple was twice been approved by doctors only to have the decision overturned — once after their first doctor was removed from the program. Their lawyer believes they’ll be successful on their third try, under the race-neutral scoring formula. They’re still waiting to hear.
Traci Pruitt, an accountant who works from home, said an award would ensure she gets the help she needs to care for her husband: “While I love him, I don’t necessarily have that background and skill set.”
The fact that the testing algorithm adjusted scores by race — as a rough proxy for someone’s socioeconomic background — went unnoticed for several years until lawyers for former Pittsburgh Steelers Kevin Henry and Najeh Davenport exposed it in a 2020 lawsuit. The formula had been adopted from one used in medicine to help diagnose dementia — but was never intended to be used to determine payouts in a legal awards.
Seeger said he believes the claims process is picking up steam after a slow start.
“I know folks have said they weren’t moving that well for awhile. I think we’ve won some appellate battles with the courts,” Seeger said. “I don’t think the NFL expected to pay $1 billion — and we’re about to cross $1 billion.”
___ Follow AP Legal Affairs Writer Maryclaire Dale on Twitter at https://twitter.com/Maryclairedale.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/12/more-black-nfl-retirees-win-dementia-cases-rescored-tests/ | 2022-08-12T15:51:42Z |
Malware "dwell time" has, historically, averaged more than 180 Days.* These Advanced Persistent Threats (APTs) reside and proliferate undetected and unchecked, until they strike. Today, Crytica Security is launching technologies that can detect APT, Zero-Day, and other Malware infections in less than 180 Seconds.
RENO, Nev., June 28, 2022 /PRNewswire/ -- Crytica Security, Inc., a stealthy cybersecurity start-up launched by industry veterans from Bell Labs, Apple, and HP today introduced the world's fastest and most reliable "Zero-Day Detection™" solution.2 The initial release supports Linux and Windows® environments, in the cloud or on-premise, running on physical and/or virtual devices.
Crytica Security's "Zero-Day Detection™" System has been created and designed to significantly reduce Advanced Persistent Threats (APT), including Zero-Day, and Malware dwell time. It empowers Linux and Windows® with Zero-Day Detection™ capability (e.g., Zero-Day Infections™ are now met with Zero-Day Detection™). Crytica is lightning-fast, sending timely detection notifications to existing cybersecurity tools and security executives for effective remediation. Architected to integrate seamlessly into MSSP, OEM, and Threat Intelligence security stacks, Crytica's extremely resilient Persistent Detection™ is redefining defense-in-depth across the cybersecurity landscape. With a minimal footprint and negligible resource consumption, Crytica's detection is also ideal for IoT and OT devices and system manufacturers.
By reducing APT, Zero-Day, and Malware dwell time from an average of over 180 days down to less than 180 seconds, Crytica's Zero-Day Detection™ substantially limits malware attacks from gathering system intelligence and from propagating itself into other systems. The result is a dramatic increase in both network and endpoint protection and resiliency, helping to thwart today's sophisticated and destructive cyber threats.
"We are focused on reducing attacker dwell time from over 180 days down to under 180 seconds. At this detection speed, the benefits for cyber defense can be staggering. When it comes to Zero-Day detection and APT's, many people appear to ignore dwell time," states Dr. C. Kerry Nemovicher, Founder and CEO of Crytica Security, Inc. "Our approach is a unique, secure, and flexible architecture that works in any Linux or Windows® environment, on-premise and in the cloud. Our solution is also designed for future extensibility to enhance the embedded security posture of most IoT devices and system endpoints."
The Crytica Security solution can scan hundreds of thousands of files on a device in mere minutes (with unprecedented malware scan speeds). It does so while consuming only minimal resources and without disrupting normal device or server operations. Crytica does not rely on historical data, previously identified malware, or behavioral patterns. Instead, it is optimized to detect previously unknown, zero-day infections. Crytica's very low resource consumption enables it to run continuously in the background as the "ever-present guardian" in any cybersecurity stack. This "persistent detection" capability significantly reduces the detection time of an infection, enhances timely threat data collection, and speeds up existing cybersystems' threat containment and remediation capabilities.
"What small, medium, and even enterprise businesses around the globe forget is that malware arrives and resides on the network for long periods before it begins to attack. Rapid detection that reduces dwell time has been the missing piece of malware defense," says former Apple executive and Crytica Security, Inc. Executive Chairman, C. Lloyd Mahaffey. "The detection speed of Crytica Security's Zero-Day Detection™ during persistent, runtime deployment across the network delivers enhanced resiliency as part of today's advanced Zero Trust security stack. This is a very welcome antidote to the extensive vulnerability and exposure caused by the lengthy dwell time of infection. In turn, security teams can respond much more quickly with their existing tools to threats lurking below the threat surface."
Crytica Security creates technology and solutions that secure people, companies, and systems with the world's fastest and most reliable Zero-Day Detection™. In a world infested with ever more destructive malware, our mission is simple:
If you can't detect, you can't protect.™
For more information about Crytica Security, Inc, please visit: www.CryticaSecurity.com
MEDIA CONTACT:
Steve Inch, Crytica Security (steve.inch@cryticasecurity.com); mobile 208.850.7058
1 IBM Cost of Data Breach Report 2021 – average attacker dwell time is 212 days.
2 Crytica Security internal zero-day attack speed and reliability validation testing, 2022
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SOURCE Crytica Security, Inc. | https://www.wibw.com/prnewswire/2022/06/28/crytica-security-inc-reduces-apt-zero-day-malware-dwell-time-less-than-180-seconds/ | 2022-06-28T12:53:33Z |
Some ‘No Swim’ advisories lifted in Sarasota County
SARASOTA, Fla. (WWSB) - The “No Swim” advisories that have been in place at Siesta Key Beach, Service Club Beach, Caspersen Beach and Manasota Key since Thursday, July 28 have been lifted. Florida Department of Health in Sarasota County officials received testing results today that were at a satisfactory level for enterococcus bacteria meeting both the U.S. Environmental Protection Agency and state recreational water standards at those locations.
Brohard Beach, Venice Fishing Pier, and Ringling Causeway/ Bird Key Park remain under the advisory. FDOH will take more samples will be taken Monday.
The Florida Department of Health in Sarasota County monitors water quality weekly at 16 sites along Sarasota’s 34 miles of beaches. The intent of this program is to provide county residents and visitors with accurate, up-to-date information on the water quality at our beaches. Click here for beach water testing results.
When making beach day plans, be sure to check the latest reports on beach conditions.
Visit https://ourgulfenvironment.net and click on water monitoring and then bacterial testing to check beach water testing results of area Gulf beaches.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/29/some-no-swim-advisories-lifted-sarasota-county/ | 2022-07-29T20:30:14Z |
No charges for ‘Late Show’ crew arrested on Capitol Hill
WASHINGTON (AP) — Federal prosecutors said Monday they have declined to bring charges against nine people associated with CBS’ “Late Show with Stephen Colbert” who were arrested in a building in the U.S. Capitol complex last month.
The decision, made by the U.S. attorney’s office in Washington, comes after prosecutors determined they “cannot move forward” with the misdemeanor charges against the nine people arrested June 16 in the Longworth House Office Building. The incident followed the third public hearing by the House panel investigating the Jan. 6, 2021, Capitol insurrection.
A spokesman for the U.S. attorney’s office said it was not probable a conviction could be obtained and sustained given that the nine arrested had been invited and that their escorts had never asked them to leave the building.
Though Capitol Police have refused to provide the names of those who were arrested, a person familiar with the matter provided The Associated Press with a list of nine people who had been stopped by Capitol Police. They included several producers, along with comedian and writer Robert Smigel, the voice behind Triumph the Insult Comic Dog.
Capitol Police officials said Monday they respect the decision made by the U.S. attorney’s office.
Police said the group was arrested on unlawful entry charges “because members of the group had been told several times before they entered the Congressional buildings that they had to remain with a staff escort inside the buildings and they failed to do so.”
Prosecutors said the group had been invited by congressional staffers and had never been asked to leave by the staff members who had invited them. The U.S. attorney’s office said some people in the group of nine had been told by police that they were supposed to have an escort.
“The Office would be required to prove beyond a reasonable doubt that these invited guests were guilty of the crime of unlawful entry because their escort chose to leave them unattended,” said Bill Miller, a spokesman for the U.S. attorney’s office. “We do not believe it is probable that the Office would be able to obtain and sustain convictions on these charges.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/19/no-charges-late-show-crew-arrested-capitol-hill/ | 2022-07-19T13:26:08Z |
Hy-Vee supermarkets recalling potato salad due to possible contamination
(Gray News) - A supermarket chain with multiple stores in the Midwest reports it is recalling its potato salad products ahead of the holiday weekend.
According to a news release, Hy-Vee is voluntarily withdrawing all potato salad varieties due to a presumptive positive microbial test result from the line where the potatoes were processed as of July 1.
The recall includes Hy-Vee potato salad and Mealtime potato salad products.
The company reports while final test results are not expected for about 7-10 days, due to the holiday weekend, Hy-Vee elected to withdraw all of those products pending those test results.
The voluntary withdrawal includes all varieties and sizes of Hy-Vee potato salads available from grab-and-go refrigerated cases and/or deli service cases. The recall covers the company’s eight-state region of Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin.
Hy-Vee representatives said the expiration dates of the products are between July 31-Aug. 4.
The products involved in the recall are below:
- Hy-Vee old-fashioned potato salad
- Hy-Vee country-style potato salad
- Hy-Vee Dijon mustard potato salad
- Hy-Vee green onion & egg potato salad
- Hy-Vee chipotle ranch potato salad
- Hy-Vee diced red skin potato salad
- Hy-Vee loaded baked potato salad
- Mealtime old-fashioned potato salad
- Mealtime country-style potato salad
- Mealtime Dijon mustard potato salad
Hy-Vee urged customers who have purchased any of these products to not consume them and to dispose of them or return them to their local Hy-Vee for a full refund.
Currently, the company said there have been no reports of illness or complaints involving the products but consumers with questions may contact Hy-Vee Customer Care at 1-800-772-4098.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/02/hy-vee-supermarkets-recalling-potato-salad-due-possible-contamination/ | 2022-07-02T00:57:05Z |
73% of people want hotels to offer tech that minimizes contact with the staff and other guests
74% interested in hotels using AI to deliver more relevant offers
Hoteliers look to tech to ease staffing woes and support unbundled, pay-for-use services
AUSTIN, Texas, June 1, 2022 /PRNewswire/ -- A new study by Oracle Hospitality and Skift shows that 95% of people plan to travel in the next six months – with 29% taking an epic 'revenge travel' trip – however, many want to eliminate the 'touch' from the high touch industry they once knew. Nearly three-quarters (73%) of travelers want to use their mobile device to manage their hotel experience, including checking in and out, paying, ordering food, and more. This is good news for hoteliers looking to tech to manage through the staffing shortage without hurting guest engagement and service.
Over the next few years, travelers are also looking to personalize their journey even more by picking their exact room and floor and paying for only the amenities they want – and even wanting to pre-screen properties in the metaverse (68%). Moreover, 74% are interested in hotels using AI to better tailor services and offers, such as room pricing or food suggestions and discounts. Nearly 40% of hotel executives see this 'unbundled' model as the future of hotel revenue management.
"The pandemic has established technology's role in the guest and associate journey, and the industry is never going back," said Alex Alt, senior vice president and general manager, Oracle Hospitality. "Whether a hotel organization has two properties or 2,000, guests are looking for the highly digital, self-service experience they have come to expect in other parts of their lives, from banking to ordering food. For hoteliers to meet these demands, especially with constrained property staffing, they need systems that will enable them to quickly adapt, 'plug in' new services, and better and more efficiently serve a diverse group of travelers."
The "Hospitality in 2025: Automated, Intelligent… and More Personal" study surveyed 5,266 consumers and 633 hotel executives across the world in the spring of 2022 to better understand how guest expectations have changed and how hotels are adapting. Consumers and executives were surveyed in the United States, United Kingdom, Germany, France, Australia, Japan, Singapore, Brazil, and Mexico. Check-out the report at: https://bit.ly/3MPgGXa.
Travelers want people to 'get away' while on their getaway
Two years of restrictions created a pent-up desire to travel, with 29% of people planning a larger, pricier "revenge travel" trip. But the pandemic has also left jetsetters feeling antisocial with many desiring contactless and self-service technology:
- 92% of travelers don't miss being around other people while staying on a hotel property.
- 73% agree that they're more likely to stay at a hotel that offers self-service technology to minimize contact with the staff and other guests.
- 38% want a fully self-service model, with staff only available upon request.
- 39% want to order room service from their phone or a chatbot.
- 49% are also looking for contactless payments (only 5% want to pay in crypto).
Staff remains slim, tech is helping
The labor shortage remains a top issue in the hotel industry, but hoteliers are working hard to onboard new tech to ease the strain on guests and staff:
- 65% of hoteliers said incorporating new technologies for staff best describes their strategy to weather labor shortages and attract new talent.
- 96% are investing in contactless technology, with 62% noting "a fully contactless experience" is likely to be the most widely adopted tech in the industry in the next three years.
- 54% added that their highest priority is to adopt tech that improves or eliminates the need for the front desk experience between now and 2025.
Travelers are mixed on how patient they are willing to be in this transition:
- 39% said they want a fully contactless experience for all basic hotel transactions (check-in/out, food & beverage, room keys, etc.).
- 34% said a staff shortage, and resulting slow service, would be their #1 deterrent to rebooking a hotel. However, just 23% noted that a lack of daily room cleaning is an issue, showing consumers have accepted (and 17% welcomed!) that this pre-pandemic mainstay is never coming back.
People looking for the comfort of home, even when away from home
Whether ordering room service or signing onto Netflix, travelers want the ease and convenience of home while traveling:
- 45% said on-demand entertainment access that seamlessly connects to their personal streaming or gaming accounts is their #1 must-have during their stay. Likewise, 45% of hotel executives said this in-room entertainment set-up is what they're most likely to implement by 2025.
- 77% of travelers are interested in using automated messaging or chatbots for customer service requests at hotels.
- 43% want voice-activated controls for all amenities in their rooms (lights, curtains, door locks, etc.).
- 25% want room controls that auto-adjust temperature, lighting, and even digital art based on pre-shared preferences.
A la carte-based hotel pricing
Consumers are interested in a hotel model that lets them pay for just what they use. Hoteliers, in tandem, are looking at new service models that upsell everything from amenities to adventures:
- 81% of hoteliers expect a big service model shift between now and 2025.
- 49% strongly agreed that "special amenities and upgrades" are critical to their revenue strategy.
- 36% predict that the future of hotel revenue management will be underpinned by unbundling room rates, like a "basic economy" vs. "economy plus" model on airlines.
For travelers:
- 87% said they would be likely to book a hotel that allowed them to pay only for amenities that they use.
- 54% are willing to pay more to choose their view; 38% to choose their room; 37% to check in early/check out late; 33% to use the spa, wellness, or fitness services; 32% to choose their room floor; and more.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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SOURCE Oracle | https://www.mysuncoast.com/prnewswire/2022/06/01/travelers-want-high-tech-low-touch-hotel-stays-shows-new-oracle-survey/ | 2022-06-01T12:36:14Z |
If you're a father, you probably have experienced endless anxieties about whether you're doing enough for your kids while they're growing up.
What if your children inherit your negative habits? What if you let your kids watch too much television or feed them the wrong foods?
Worrying you're going to mess up is normal, and you will make mistakes -- but you can put things in perspective by knowing some parents are much worse than you, according to comedy writer Glenn Boozan's book "There Are Moms Way Worse Than You: Irrefutable Proof That You Are Indeed a Fantastic Parent." Priscilla Witte illustrated the book, which features a few "bad" animal fathers, too.
Questionable animal fathers include grizzly bears that eat their young when food is scarce, and lions that primarily stand guard and look tough while female lions venture out to hunt and kill.
"So when you feel exhausted, or there's too much on your plate, as long as you don't eat your baby? Yeah, you're doing great," Boozan wrote in her book. "When the panic rises, and the pressure starts to mount, remember that you're trying ... and that is all that counts."
Here are three other bad animal dads that might make you feel better about your parenting efforts this Father's Day.
Pipefish
"It's not just moms, some dads suck too! They're not all warm and snuggly," Boozan wrote. "A pipefish dad will eat his kids if he thinks that they're ugly."
Male pipefish can get pregnant and give birth, but their interest in being nurturing fathers might only last during the pregnancy. A key factor in this decision-making might be how the male pipefish feels about the mother of his offspring, Texas A&M University researchers found in 2010.
A male pipefish that was fond of a female partner with which he had mated was more likely to be nurturing toward their offspring, the researchers discovered. Male pipefish that were less interested in the pipefish mothers were less nurturing toward their young, investing fewer resources in them. Pipefish fathers have also been known to absorb nutrients from some of their embryos, effectively cannibalizing them, according to a 2009 article in the journal Proceedings of the Royal Society B.
Horses
"Horses seem like super dads, but, eh, they're not the best," Boozan wrote. "They'll threaten other horses' kids and kick them straight to death."
If a stallion is able to breed lots of offspring, he has a genetic advantage over other stallions, according to Good Horse, a horsemanship forum led by horse trainer and behavioral consultant Diamanto Mamuneas. But since a stallion can't give birth, he can't ever be fully sure that all the foals in his vicinity are his -- which can be stressful since stallions invest lots of time and resources into caring for and protecting their offspring when they could be mating or eating. And as the colts mature, they become competition for the stallions in the mating pool.
Caring for rivals' offspring is futile, so stallions have evolved strategies to prevent having to raise colts unrelated to them -- including killing young foals, according to research published in the journal Applied Animal Ethology.
Poison dart frogs
"The poison dart frog dad is less a 'hit' and more a 'miss,'" Boozan wrote. "To keep his eggs from drying out, he'll sometimes use his piss."
Poison dart frog dads guard their offspring for 10 to 18 days, occasionally urinating on them to protect them from predators and keep them moist.
The eggs require "significant additional moisture to avoid" desiccation, according to Animal Diversity Web, an online zoology resource produced by the University of Michigan's Museum of Zoology.
Easing parents' anxieties
Many parenting books are geared toward selling things, Boozan said, to make readers feel like they're better parents.
"I wanted to sell them things to make them feel like they're a fine (parent), and they don't need to buy any of that other crap," she added.
"Buying a specific swaddling blanket or a different kind of Binky isn't going to make you a better or worse parent," Boozan said. "I think you're going to be a great parent no matter what if you try your best. My goal was to alleviate those fears, if only for a moment with a little bit of laughter."
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/there-are-dads-worse-than-you----in-the-animal-kingdom/article_49a6ffc5-21bc-51a7-9f8f-f314cab7e284.html | 2022-06-19T10:43:48Z |
A Consortium of Companies and Non Profit Organizations Collaborating to
Create an Open Source Software Stack to Advance a Plurality of
Interoperable Wallets
DUBLIN, Sept. 13, 2022 /PRNewswire/ -- The Linux Foundation, a global nonprofit organization enabling innovation through open source, today announced the intention to form the OpenWallet Foundation (OWF), a new collaborative effort to develop open source software to support interoperability for a wide range of wallet use cases. The initiative already benefits from strong support including leading companies across technology, public sector, and industry vertical segments, and standardization organizations.
The mission of the OWF is to develop a secure, multi-purpose open source engine anyone can use to build interoperable wallets. The OWF aims to set best practices for digital wallet technology through collaboration on open source code for use as a starting point for anyone who strives to build interoperable, secure, and privacy-protecting wallets.
The OWF does not intend to publish a wallet itself, nor offer credentials or create any new standards. The community will focus on building an open source software engine that other organizations and companies can leverage to develop their own digital wallets. The wallets will support a wide variety of use cases from identity to payments to digital keys and aim to achieve feature parity with the best available wallets.
Daniel Goldscheider, who started the initiative, said, "With the OpenWallet Foundation we push for a plurality of wallets based on a common core. I couldn't be happier with the support this initiative has received already and the home it found at the Linux Foundation."
Linux Foundation Executive Director Jim Zemllin said, "We are convinced that digital wallets will play a critical role for digital societies. Open software is the key to interoperability and security. We are delighted to host the OpenWallet Foundation and excited for its potential."
OpenWallet Foundation will be featured in a keynote presentation at Open Source Summit Europe on 14 September 2022 at 9:00 AM IST (GMT +1) and a panel at 12:10 PM IST (GMT +1). In order to participate virtually and/or watch the sessions on demand, you can register here.
Pramod Varma, Chief Architect Aadhaar & India Stack, said, "Verifiable credentials are becoming an essential digital empowerment tool for billions of people and small entities. India has been at the forefront of it and is going all out to convert all physical certificates into digitally verifiable credentials via the very successful Digilocker system. I am very excited about the OWF effort to create an interoperable and open source credential wallet engine to supercharge the credentialing infrastructure globally."
"Universal digital wallet infrastructure will create the ability to carry tokenized identity, money, and objects from place to place in the digital world. Massive business model change is coming, and the winning digital business will be the one that earns trust to directly access the real data in our wallets to create much better digital experiences," said David Treat, Global Metaverse Continuum Business Group & Blockchain lead, Accenture. "We are excited to be part of the launch and development of an open-source basis for digital wallet infrastructure to help ensure consistency, interoperability, and portability with privacy, security, and inclusiveness at the core by design."
Drummond Reed, Director of Trust Services at Avast, a brand of NortonLifeLock, said, "We're on a mission to protect digital freedom for everyone. Digital freedom starts with the services used by the individual and the ability to reclaim their personal information and reestablish trust in digital exchanges. Great end point services start with the core of digital identity wallet technology. We are proud to be a founding supporter of the OpenWallet Foundation because collaboration, interoperability, and open ecosystems are essential to the trusted digital future that we envision."
"The mobile wallet industry has seen significant advances in the last decade, changing the way people manage and spend their money, and the tasks that these wallets can perform have rapidly expanded. Mobile wallets are turning into digital IDs and a place to store documents whereby the security requirements are further enhanced," said Taka Kawasaki CoFounder of Authlete Inc. "We understand the importance of standards that ensure interoperability as a member of the OpenID Foundation and in the same way we are excited to work with the Linux Foundation to develop a robust implementation to ensure the highest levels in security."
"Daon provides the digital identity verification/proofing and authentication technology that enables digital trust at scale and on a global basis", said Conor White, President – Americas at Daon, "Our experience with VeriFLY demonstrated the future importance of digital wallets for consumers and we look forward to supporting the OpenWallet Foundation."
"We are building and issuing wallets for decentralized identity applications for several years now. Momentum and interest for this area has grown tremendously, far beyond our own community. It is now more important than ever that a unified wallet core embracing open standards is created, with the ambition to become the global standard. The best industry players are pulling together under the OpenWallet Foundation. esatus AG is proud to be among them as experience, expertise, and technology contributo," said Dr. Andre Kudra, CIO, esatus AG
Kaliya Young, Founder & Principal, Identity Woman in Business, said, "As our lives become more and more digital, it is critical to have strong and interoperable digital wallets that can properly safeguard our digital properties, whether it is our identities, data, or money. We are very excited to see the emergence of the OpenWallet Foundation, particularly its mission to bring key stakeholders together to create a core wallet engine (instead of another wallet) that can empower the actual wallet providers to build better products at lower cost. We look forward to supporting this initiative by leveraging our community resources and knowledge/expertise to develop a truly collaborative movement."
Masa Mashita, Senior Vice President, Strategic Innovations, JCB Co., Ltd. said, "Wallets for the identity management as well as the payment will be a key function for the future user interface. The concept of OpenWallet will be beneficial for the interoperability among multiple industries and jurisdictions."
"Secure and open wallets will allow individuals the world over to store, combine and use their credentials in new ways - allowing them to seamlessly assert their identity, manage payments, access services, etc., and empower them with control of their data. This brings together many of our efforts in India around identity, payments, credentials, data empowerment, health, etc. in an open manner, and will empower billions of people around the world," said Sanjay Jain, Chairman of the Technology Committee of MOSIP.
"The Open Identity Exchange (OIX) welcomes and supports the creation of the OpenWallet Foundation. The creation of open source components that will allow wallet providers to work to standards and trust framework policies in a consistent way is entirely complementary to our own work on open and interoperable Digital Identities. OIX's Global Interoperability working group is already defining a 'trust framework policy characteristics methodology,' as part of our contribution to GAIN. This will allow any trust framework to systematically describe itself to an open wallet, so that a 'smart wallet' can seamlessly adapt to the rules of a new framework within which the user wants to assert credentials," said Nick Mothershaw, Chief Identity Strategist, OIX.
"Okta's vision is to enable anyone to safely use any technology", says Randy Nasson, Director of Product Management at Okta. "Digital wallets are emerging as go-to applications for conducting financial transactions, providing identity and vital data, and storing medical information such as vaccination status. Wallets will expand to include other credentials, including professional and academic certifications, membership status, and more. Digital credentials, including their issuance, storage in wallets, and presentation, will impact the way humans authenticate and authorize themselves with digital systems in the coming decade. Okta is excited about the efforts of the OpenWallet Foundation and the Linux Foundation to provide standards-based, open wallet technology for developers and organizations around the world."
"The OpenID Foundation welcomes the formation of the OpenWallet Foundation and its efforts to create an open-source implementation of open and interoperable technical standards, certification and best practices." - Nat Sakimura, Chairman, OpenID Foundation.
"We believe the future of online trust and privacy starts with a system for individuals to take control over their digital identity, and interoperability will create broad accessibility," says Rakesh Thaker, Chief Development Officer at Ping Identity. "We intend to actively participate and contribute to creating common specifications for secure, robust credential wallets to empower people with control over when and with whom they share their personal data."
Wallet technologies that are open and interoperable are a key factor in enabling citizens to protect their privacy in the digital world. At polypoly – an initiative backed by the first pan-European cooperative for data – we absolutely believe that privacy is a human right! We are already working on open source wallets and are excited to collaborate with others and to contribute to the OpenWallet Foundation," said Lars Eilebrecht, CISO, polypoly.
"Digital credentials and the wallets that manage them form the trust foundation of a digital society. With the future set to be characterised by a plurality of wallets and underlying standards, broad interoperability is key to delivering seamless digital interactions for citizens. Procivis is proud to support the efforts of the OpenWallet Foundation to build a secure, interoperable, and open wallet engine which enables every individual to retain sovereignty over their digital identities," Daniel Gasteiger, Chief Executive Officer, Procivis AG.
"It is essential to cross the boundaries between humans, enterprises, and systems to create value in a fully connected world. There is an urgent need for a truly portable, interoperable identity & credentialing backbone for all digital-first processes in government, business, peer-to-peer, smart city systems, and the Metaverse. The OpenWallet Foundation will establish high-quality wallet components that can be assembled into SW solutions unlocking a new universe of next-level digitization, security, and compliance," said Dr. Carsten Stöcker, CEO Spherity & Chairman of the Supervisory Board IDunion SCE.
"Transmute has long promoted open source standards as the foundation for building evolved solutions that challenge the status quo. Transmute believes any organization should be empowered to create a digital wallet that can securely manage identifiers, credentials, currencies, and payments while complying with regulatory requirements regarding trusted applications and devices. Transmute supports a future of technology that will reflect exactly what OpenWallet Foundation wants to achieve: one that breaks with convention to foster innovation in a secure, interoperable way, benefitting competitive companies, consumers, and developers alike," said Orie Steele, Co-Founder and CTO of Transmute.
"The Trust Over IP (ToIP) Foundation is proud to support the momentum of an industry-wide open-source engine for digital wallets. We believe this can be a key building block in our mission to establish an open standard trust layer for the Internet. We look forward to our Design Principles and Reference Architecture benefitting this endeavor and collaborating closely with this new Linux Foundation project," said Judith Fleenor, Director of Strategic Engagement, Trust Over IP Foundation.
For more information about the project and how to participate in this work, please visit: openwallet.foundation.
About the Linux Foundation
Founded in 2000, the Linux Foundation and its projects are supported by more than 3,000 members. The Linux Foundation is the world's leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, ONAP, Hyperledger, RISC-V, PyTorch, and more. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page: https://www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.
Media Contact: Dan Whiting
for the Linux Foundation
+1 202-531-9091
dwhiting@linuxfoundation.org
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SOURCE The Linux Foundation | https://www.kxii.com/prnewswire/2022/09/13/linux-foundation-announces-an-intent-form-openwallet-foundation/ | 2022-09-13T08:01:43Z |
Greek mythology makes it clear that the great god Zeus loved to party.
So wild things were happening when the Norse demigod Thor and a pack of Marvel Cinematic Universe (MCU) superheroes entered Omnipotence City in “Thor: Love and Thunder.” The Greek gods are out in force, with Zeus serving as king, but so were many other deities from other cultures.
Valkyrie, the female king of New Asgard, noted, while calling roll, the off-screen presence of another deity — the “God of Carpentry.”
Inquiring minds want to know if, to quote WhatCulture.com, the film’s director Taika Waititi had “confirmed the actual existence of Jesus in the MCU? ... Without showing Jesus, Waititi has plausible deniability: Valkyrie could’ve been talking about the Greek God of Carpenters Hephaestus, or even Lu-Ban, the God of Carpentry from Chinese mythology.”
The cosmology of the Marvel superhero movies has become so complex that it’s hard to know precisely what is being said, noted Thom Parham, a screenwriter who teaches at Palm Beach Atlantic University. Early on, the superheroes were simply aliens instead of gods or demigods.
“But now we’ve got sub-deities. They want to have their cake and eat it, too,” Parham said after returning from Comic-Con 2022 in San Diego. “We have gods, and we have demigods. We have Greek gods, and we have Egyptian gods. We have the Eternals, and we have the Celestials.”
When Parham heard the “God of Carpentry” reference, he felt that “a dangerous line had been crossed. ... What are they saying? I don’t think they know yet.”
With “Black Panther: Wakanda Forever” poised for a November release, the Marvel Cinematic Universe will reach 30 movies and a dozen or more sequels are planned. The franchise has grossed $27 billion at the global box office.
In terms of religious messages, the MCU has come a long way since Captain America, after hearing Loki described as a god, said: “There’s only one God ... and I’m pretty sure He doesn’t dress like that.” The New Rockstars YouTube channel counted 50-plus gods in “Thor: Love and Thunder” alone.
It’s almost impossible to ignore the role this franchise plays in popular culture worldwide, film critic Steven Greydanus of DecentFilms.com, who is an ordained Catholic deacon, said. Some religious leaders continue to dig for MCU themes that “connect in some way with the Bible, divine revelation and Christian thought.” Others have decided this is a “giant, worthless wasteland” and that believers should enter megaplexes “with our knives drawn.”
It’s easier to make these kinds of decisions when dealing with artistic works — such as “The Lord of the Rings” or “Harry Potter” — built on a single author’s worldview, he said.
But the Marvel movies and television series are created by dozens of artists hired by corporate executives targeting China, Russia, the Middle East and theaters everywhere. Thus, they have been “scrubbed” until “these characters tend not to believe anything or stand for anything,” said Greydanus. But it’s hard to avoid religion when creating mythologies that include creation, miracles, superpowers, healing, eternal life and clashes between good and evil.
In a Catholic World Report essay entitled “Love and thunder, signifying nothing? Religion and nihilism in recent Marvel movies,” Greydanus asked this moral question: “What ... is the basis for reward and punishment in the MCU’s various afterlifes (or whatever ultimate reality stands behind various cultural perceptions of the afterlife)? We’re told there are conditions for attaining Valhalla or the Egyptian Field of Reeds; what is the basis for these conditions?”
In the new “Thor” movie, a character named Eternity — a god above other gods — grants one wish to the first being to reach him. This wish can be for good or evil.
“It’s kind of a one-shot God. It’s hard to build a religious worldview around that kind of idea,” noted Greydanus.
Meanwhile, the Marvel universe keeps getting bigger and more complicated and “every film has to use a larger canvas, on a larger scale, with even bigger mysteries to reveal.
“The more you try to tell us about all the mysteries of this universe, the less room there is for us to hunt for some sign of God or some source of ultimate truth,” Greydanus said. “It’s hard not to ask, ‘Who created this cinematic Mount Olympus? Who is in charge?’”
Terry Mattingly leads GetReligion.org and lives in Oak Ridge, Tenn. He is a senior fellow at the Overby Center at the University of Mississippi.
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CHARLOTTETOWN, PE, Sept. 15, 2022 /PRNewswire/ - iWave, the industry's top-rated fundraising intelligence solution, today announced the launch of its enhanced user interface and new visualization features. The new iWave interface delivers even more intuitive navigation and a redesigned homepage that improves usability and increases efficiency.
"In the last couple of years, we've delivered seven major new feature releases and many other enhancements in between," explained Mary Cote, Vice President of Product at iWave. "With the addition of so many new features, we wanted to develop an enhanced design that simplifies navigation and makes the overall iWave experience even better. On top of that, we're launching new visualization that will make our industry-leading intelligence even more consumable."
To develop and launch the new experience, iWave consulted with external and internal audiences on navigation preferences and analyzed usage data. The result is a data-driven UI approach that is intuitive and modern, showcasing iWave's innovation and leadership in fundraising intelligence.
iWave's new homepage and navigation menu now feature Smart Search, a robust search engine that leverages AI technology to help users find exactly the records they are looking for. Unlike other search engines, Smart Search uses proprietary algorithms to evaluate the probability that each result matches search criteria—delivering relevant records with much less work.
As part of the platform enhancements, iWave leverages Tableau, a leading global data analytics software, to bring data to life with powerful visualizations. Equipped with dashboards, prospect development professionals can communicate insights from data using narratives and visualizations and make operational and strategic decisions at a glance.
About iWave:
iWave, the industry's top-rated fundraising intelligence solution, enables nonprofit organizations to fundraise with confidence. In a new era of nonprofit fundraising, iWave solves critical challenges facing fundraising professionals today: how to identify, qualify, and retain donors to raise more gifts. iWave's intuitive and easy-to-use solutions give access to the industry's highest quality wealth and philanthropic information so you can determine who to ask, how much to ask for, and when to ask. Many of the largest education, healthcare, and nonprofit organizations in the World, rely on iWave to power their fundraising efforts.
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SOURCE iWave | https://www.kxii.com/prnewswire/2022/09/15/iwave-showcases-user-centered-innovation-with-enhanced-ui-visualization-features/ | 2022-09-15T14:58:14Z |
Ruhl Announced The Partnership on Social Media Saying Nutrisystem "Changed Her Life"
PHILADELPHIA, July 19, 2022 /PRNewswire/ -- Reality television sweetheart, Danielle Ruhl took to social media today to announce an exciting new partnership with Nutrisystem®, a leading provider of health and wellness and weight management solutions. Danielle, who fell in love with her partner and famously got engaged on television sight unseen, is joining forces with the brand after revealing post-filming that Nutrisystem helped her lose 70 pounds. She claims the program "changed her life" and taught her the skills needed to maintain her weight.
"When I was younger, food was almost like a crutch that I would use to distract me during times I was feeling low," says Danielle, "The more this became a habit, the more I found myself eating and indulging in unhealthy foods. I was also bullied for being heavier than most kids. Instead of using this as jumpstarting a healthier return, I turned back to food when I was feeling sad."
Danielle's struggles continued throughout college and into her young career until a coworker gave her the push she needed to begin to focus on her weight loss and overall health.
"As I got older, I started noticing even more that my weight was consistently increasing," adds Danielle. "In college, I lost weight in an unhealthy way and ultimately gained even more than I had lost after I graduated. During the first job in my career, a coworker mentioned that she was starting Nutrisystem. Her ability to talk openly about this, and seeing the encouragement from our coworkers, gave me the confidence to try Nutrisystem again. I stuck to the program for over a year and it ended up allowing me to not only lose 70 pounds, but learn how to keep it off."*
As a Nutrisystem success story, Danielle claims that consistency was key and says she that she felt even more confidence when she shared her weight loss journey with others.
"Consistency is key. Having a set program in place with easy and available meals made that consistency easier to maintain," says Danielle. "Nutrisystem taught me about healthy eating, portion control and overall helped me crave healthier foods that ultimately lead to a lifestyle change."
"There were times I was so insecure about my weight I didn't even want to let people know that I was on a set diet. However, once I disclosed information about my weight loss journey, people were often very supportive and that helped me build up even more confidence to keep going," adds Danielle.
Now in the spotlight thanks to her reality television debut, Danielle is determined to use her platform to help inspire others that might be struggling with their own body image.
"Overall, I love helping others feel like they are not alone. For so long, I felt alone in my mental health and weight loss journey and found such a benefit in communicating and connecting with others who relate," comments Danielle. "Sharing my story and hearing other people's stories have not only benefited those who follow me, but myself as well. I have always tried uplifting and creating a non-judgmental environment among my friends and family, and it is gratifying to be able to do this on a larger scale."
"Sometimes when people begin a diet, they may feel alone or judged in their journey and I want them to know that I am here. I want to communicate that I struggled with ups and downs my entire life and finally found a way to lose weight and keep it off. I hope to share with others that if I can do it, they can. I hope we can all build a community that supports each other no matter the topic," concludes Danielle.
Utilizing a high-protein, low glycemic approach that is designed to keep blood sugar levels steady and hunger in control, Nutrisystem helps individuals lose weight and achieve lasting results. Today, Nutrisystem offers the same great weight loss, now with premium meals, including new skillet options, that are 50% bigger and have up to 30 grams of protein. The program also includes one-on-one coaching and an intuitive app that guides a person through their weight loss journey and holds them accountable to their goals. All plans are delivered to the customer's door.
For more information, visit www.nutrisystem.com.
*On Nutrisystem, expect to lose an avg 1-2lbs per week.
Nutrisystem® is a leading provider of health and wellness and weight loss solutions having helped millions of people lose weight for 50 years. Nutrisystem offers a high protein, low glycemic approach to weight loss designed to help keep blood sugar levels steady and hunger in control. The Nutrisystem menu includes a combination of ready-to-go and frozen meals including new premium options with up to 30 grams of protein and perfectly-portioned restaurant favorites. For more information, go to newsroom.nutrisystem.com.
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SOURCE Nutrisystem, Inc. | https://www.wibw.com/prnewswire/2022/07/19/reality-television-sweetheart-danielle-ruhl-teams-up-with-nutrisystem-after-revealing-program-helped-her-lose-70-pounds/ | 2022-07-19T19:45:11Z |
ComplyConnect Conference & Expo provides three days of information-packed sessions, keynotes and networking opportunities for regulatory and compliance professionals
NEW YORK, July 7, 2022 /PRNewswire/ -- ComplySci, the leading provider of regulatory technology and compliance for the financial services sector, will be a founding sponsor of a new comprehensive regulatory and compliance event, ComplyConnect Conference & Expo. The three-day conference is already slated to include a keynote address from Security and Exchange Commission (SEC) Director of the Division of Examinations Richard R. Best and the presentation of the first annual ComplyConnect awards.
The conference, co-sponsored by ComplySci's family of firms – NRS, RIA in a Box, illumis and ITEGRIA – will be held Nov. 8 - 10 at the Omni Barton Creek Resort in Austin, Texas. Regulatory and compliance professionals, industry leaders and technology experts from across the U.S. will discuss current trends, industry best practices and the impact of recent SEC and Financial Industry Regulatory Authority (FINRA) regulations.
"The success of financial firms' compliance programs requires opportunities for leaders to connect and discuss best practices, technological advances and regulatory changes, and unfortunately there are very few venues for these kinds of broad-based interactions," said ComplySci Chief Executive Officer Amy Kadomatsu. "As our family of firms continues to grow, we wanted to build on the success of the long-standing NRS Spring and Fall Compliance Conferences by creating an industry-leading event. ComplyConnect brings together chief compliance officers and their teams, as well as thought leaders, from across the country to drive innovation, provide continuing education and build a strong professional community to shape the future of our industry."
The conference will also feature the first-ever ComplyConnect awards program. Regulatory and compliance professionals and stakeholders can nominate individuals and companies for:
- Compliance Officer of the Year
- Compliance Innovator of the Year
- Compliance Provider of the Year
- Compliance Educator of the Year
- Future Compliance Star of the Year
Nominations will be reviewed by a panel of industry-leading experts. Nominations can be submitted through the ComplyConnect Awards page until Sept.1. Finalists will be announced in October and winners on Nov. 9 during the ComplyConnect Conference & Expo.
"Compliance professionals are some of the most meticulous and dedicated leaders within their organizations and we want to celebrate all they do," said Kadomatsu. "These awards will give professionals a chance to recognize one another as we honor the outstanding individuals and teams who are truly making a difference in the industry."
ComplyConnect provides participants with several options to maximize their learning and networking opportunities. The event will feature an expanded version of the legacy NRS Compliance Conference and offer Investment Adviser Certified Compliance Professional (IACCP®), continuing legal education (CLE), continuing professional education (CPE) and certified financial planner (CFP) continuing education credits. It will also include a technology track, as well as invitation-only executive and customer summit options.
Pre-conference workshops, including an introductory course for professionals new to the compliance industry and a women in compliance roundtable, will also be offered on Nov. 7.
Early-bird, all-access registration is available through Aug. 19. Learn more about the ComplyConnect Conference & Expo, including registration, sponsorships and more at complyconnectexpo.com.
ComplySci believes advanced compliance technology empowers compliance professionals to transform their business. More than 7,000 customers, including some of the world's largest financial institutions, rely on ComplySci's scalable and sophisticated platform to stay ahead of risk and unlock the strategic potential of their compliance data. The company's family of firms includes ComplySci, RIA in a Box, illumis, a ComplySci company, NRS, a ComplySci company, and ITEGRIA®, a division of RIA in a Box.
Together, the family of firms offer a full suite of governance, risk and compliance (GRC) consulting, technology, managed services, analytics and outsourcing solutions for the financial services industry. Its regulatory technology solutions help compliance organizations identify, monitor, manage and report on risk and conflicts of interest, including personal trading, gifts and entertainment, political contributions, outside business affiliations and other Code of Ethics violations. Learn more at complysci.com.
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SOURCE ComplySci | https://www.kxii.com/prnewswire/2022/07/07/inaugural-complyconnect-conference-amp-expo-brings-together-industry-experts-examines-top-compliance-regulatory-issues/ | 2022-07-07T12:23:26Z |
CEDARHURST, N.Y., May 5, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Lilium N.V. f/k/a Qell Acquisition Corp. (NasdaqGS: LILM, LILMW, QELL, QELLU, QELLW),, if they purchased the Company's securities between March 30, 2021 and March 14, 2022, inclusive (the "Class Period"). Shareholders have until June 17, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nasdaqgs-lilm/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
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SOURCE Kuznicki Law PLLC | https://www.wibw.com/prnewswire/2022/05/05/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-lilium-nv-fka-qell-acquisition-corp-lilm/ | 2022-05-05T10:22:58Z |
BEIJING (AP) — Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a milestone as it seeks to extend the range and power of its navy.
The Type 003 carrier christened Fujian left its drydock at a shipyard outside Shanghai in the morning and tied up at a nearby pier, state media reports said.
State broadcaster CCTV showed assembled navy personnel standing beneath the massive ship as water jets sprayed over its deck, multi-colored streamers flew and colorful smoke was released.
Equipped with the latest weaponry and aircraft-launch technology, the Type 003 ship’s capabilities are thought to rival those of Western carriers, as Beijing seeks to turn its navy, already the world’s largest, into a multi-carrier force.
Satellite imagery captured by Planet Labs PBC on Thursday and analyzed by The Associated Press showed the carrier in what appeared to be a fully flooded drydock at the Jiangnan Shipyard, near Shanghai, ready for launch. It was draped with red bunting, presumably in preparation for the launch ceremony.
“This is an important milestone for China’s military-industrial complex,” said Ridzwan Rahmat, a Singapore-based analyst with the defense intelligence company Janes.
“This shows that Chinese engineers are now able to indigenously manufacture the full suite of surface combatants associated with modern naval warfare, including corvettes, frigates, destroyers, amphibious assault ships, and now an aircraft carrier,” he said. “This ability to construct a very complex warship from the ground up will inevitably result in various spin-offs and benefits for the Chinese shipbuilding industry.”
China’s first carrier was a repurposed Soviet ship, and its second was built in China but based upon a Soviet design. Both were built to employ a so-called “ski-jump” launch method for aircraft, with a ramp at the end of the short runway to help planes take off.
The Type 003 employs a catapult launch, which experts had said appears to be an electromagnetic-type system like one originally developed by the U.S. Navy. China’s official Xinhua News Agency confirmed the Fujian employed the electromagnetic system in a report on Friday’s launch.
Such a system puts less stress on the aircraft than older steam-type catapult launch systems, and the use of a catapult means that the ship will be able to launch a broader variety of aircraft, which is necessary for China to be able to project naval power at a greater range, Rahmat said.
“These catapults allow aircraft deployed to carry a more extensive load of weapons in addition to external fuel tanks,” Rahmat said.
“Once it is fully operational, the PLAN’s third carrier would also be able to deploy a more complete suite of aircraft associated with carrier strike group operations including carrier onboard delivery transport and airborne early warning and control airframes, such as the KJ-600.”
China’s People’s Liberation Army Navy, or PLAN, has been modernizing for more than a decade to become more of a “blue water” force — one capable of operating globally rather than being restricted to remaining closer to the Chinese mainland.
At the same time, the U.S. has been increasing its focus on the region, including the South China Sea. The vast maritime region has been tense because six governments claim all or part of the strategically vital waterway, through which an estimated $5 trillion in global trade travels each year and which holds rich but fast-declining fishing stocks and significant undersea oil and gas deposits.
China has been far and away the most aggressive in asserting its claim to virtually the entire waterway, its island features and resources.
The U.S. Navy has sailed warships past artificial islands China built in the sea that are equipped with airstrips and other military facilities. China insists its territory extends to those islands, while the U.S. Navy says it conducts the missions there to ensure the free flow of international trade.
In its report to the U.S. Congress last year on China’s military capabilities, the Department of Defense said the carrier development program was critical to the Chinese navy’s continued development into a global force, “gradually extending its operational reach beyond East Asia into a sustained ability to operate at increasingly longer ranges.”
China’s “aircraft carriers and planned follow-on carriers, once operational, will extend air defense coverage beyond the range of coastal and shipboard missile systems and will enable task group operations at increasingly longer ranges,” the Defense Department said.
In recent years, China has expanded its presence into the Indian Ocean, the Western Pacific and beyond, setting up its first overseas base over the last decade in the African Horn nation of Djibouti, where the U.S., Japan and others also maintain a military presence. It also recently signed a security agreement with the Solomon Islands that many fear could give it an outpost in the South Pacific, and is working with Cambodia on expanding a port facility there that could give it a presence in the Gulf of Thailand.
Xinhua reported the Fujian, which carries the hull number 18, had a fully loaded displacement of 80,000 tons. In a March report prepared by the U.S. Congressional Research Service, however, analysts said that satellite images suggest the Type 003′s displacement was about 100,000 tons, similar to those of U.S. Navy carriers.
The PLAN currently has some 355 ships, including submarines, and the U.S. estimates the force will grow to 420 ships by 2025 and 460 ships by 2030. Despite having the world’s largest navy numerically, however, the PLAN for now still has nowhere near the capabilities of the U.S. Navy and remains far behind in carriers.
The U.S. Navy is the world’s leader in aircraft carriers, with 11 nuclear-powered vessels. It also has nine amphibious assault ships that can carry helicopters and vertical-takeoff fighter jets.
American allies like Britain and France also have their own carriers, and Japan has four “helicopter destroyers,” which are technically not aircraft carriers, but carry aircraft. Two are being converted to support short take-off and vertical-landing fighters.
China’s new carrier was named after the Fujian province on the country’s southeastern coast, following a tradition after naming its first two carriers after the provinces of Liaoning and Shandong.
Its shipyard-launch ceremony was presided over by Xu Qiliang, member of the ruling Communist Party’s Politburo and vice chairman of the Central Military Commission led by president and party leader Xi Jinping.
After Xu cut the ribbon for the launch, a bottle of champagne was broken across the Fujian’s bow, Xinhua reported. The doors of the drydock then opened and the ship moved out into the water and moored at its pier.
China’s development of the Type 003 carrier is part of a broader modernization of China’s military. As with its space program, China has proceeded extremely cautiously in the development of aircraft carriers, seeking to apply only technologies that have been tested and perfected.
At the moment, China is not believed to have the aircraft developed to fully realize the potential of the new carrier, Rahmat said.
It is not known how close China is in the development of its KJ-600 AWACS aircraft, which it began testing in 2020, to have it ready for carrier operations, and there is “little evidence” it has begun work on carrier onboard delivery transport aircraft, he said.
Now that it is launched, the carrier will have to be fitted out, which could take two to six months. Then there will be harbor acceptance trials and sea trials, which will likely take another six months before engineers begin launching test loads using the catapult system.
“The first aircraft will only be launched from this carrier perhaps in late-2023 to 2024, and full operational capability will likely be declared closer to 2025,” he said.
___
Jon Gambrell in Dubai, United Arab Emirates and Mari Yamaguchi in Tokyo contributed to this report. Rising reported from Bangkok. | https://cw33.com/news/international/ap-international/china-launches-first-indigenous-aircraft-carrier/ | 2022-06-17T22:14:18Z |
Greece has ratified a complex deal for the return, over coming decades, of 161 striking ancient Greek artifacts from a U.S. billionaire’s collection after Athens conceded it had no evidence they’d been illegally excavated and exported.
The mostly marble works date from 5300-2200 BC, and the bulk of them are from the Early Bronze Age Cycladic civilization whose elegantly abstract but enigmatic marble figurines inspired artists from Pablo Picasso to Constantin Brancusi. Such pieces are highly prized by collectors and museums, which has spawned a wave of illegal excavations in Greece — and countless forgeries.
Greece’s parliament on Thursday approved the agreement with New York’s Metropolitan Museum of Art, a top Athens museum and a Delaware-based cultural institution to which they are being transferred. The works will return to Greece gradually from 2033-2048, after being displayed at the Met from 2023-2048.
Culture Minister Lina Mendoni described them as “masterpieces … of unique archaeological and scientific value” that Greece is getting without a messy court battle. Before going on display at the Met, 15 of the works will travel to Athens for a year-long exhibition starting November.
“They won’t return tomorrow … but they will (gradually) return,” Mendoni said during a parliamentary debate Thursday. “This collection was completely unknown to the ministry.”
But opposition lawmakers, and many archaeologists, charged that the agreement would whitewash the global trade in undocumented and potentially illegally excavated antiquities. They argued that the government should have fought a legal battle for their immediate return.
Little is known on the provenance of the 161 works from the collection of Leonard N. Stern, an 84-year-old pet supplies and real estate businessman and philanthropist. That means archaeologists can glean minimal useful information on their original use and significance. And a Greek Culture Ministry official told The Associated Press that the ministry has not yet examined the works’ authenticity.
The official was not authorized to discuss the matter with the press, and spoke on condition of anonymity.
Most of the pieces are the typical, broad-faced, flat white marble statuettes depicting nude women with folded arms — although there are some unusual types too. There are also marble bowls and vases, a terracotta frying-pan shaped dish and a pair of bracelets.
Mendoni said the ministry had no evidence that they were illegally exported from Greece. “We may understand that, we may sense it. We can’t prove it,” she told Parliament.
“A legal effort to claim the collection was estimated to have minimal chances of success, and would not have secured the return of all 161 antiquities,” she added. “And we want them all repatriated.”
The Cycladic civilization flourished in the Cyclades islands in the Aegean Sea during the 3rd millennium B.C. Its marble artifacts are admired for their abstraction, strong lines and white form. Originally, however, they were colored.
The government says a model similar to that employed for the Stern collection could be used for other significant Greek antiquities abroad.
“We want to attract the attention of other collectors, and secure more returns,” Mendoni said.
All antiquities found in Greece are by law public property, and officials regularly monitor auction houses and collections abroad for potentially plundered artifacts.
Athens has also long and fruitlessly lobbied to get back large sections of the 5th Century B.C. sculptures that originally decorated the Parthenon Temple on the Acropolis and are now in the British Museum in London. | https://cw33.com/entertainment-news/ap-entertainment/ap-greece-ratifies-deal-to-recoup-161-ancient-treasures-from-us/ | 2022-09-09T00:52:55Z |
Duvall brings valuable global biotech experience to the company as it advances into clinical stage
CAMBRIDGE, Mass., June 22, 2022 /PRNewswire/ -- Angiex, developer of Nuclear-Delivered Antibody-Drug Conjugate™ (ND-ADC) therapies for solid cancers, has appointed Marty J. Duvall as chief executive officer and member of its board of directors.
Duvall brings extensive global oncology drug development and commercialization experiences from executive leadership roles in both large pharmaceutical and biotech companies. At companies that include Aventis, Merck, MGI, and ARIAD, he built successful oncology companies with a footprint across the US, Europe, and Asia. With an oncology focus over the last three decades, Duvall has helped launch and drive many successful therapeutics that have benefited patients with a wide range of cancers, including breast, lung, prostate, gastric, head and neck, brain, melanoma, myelodysplastic syndrome, leukemia, and multiple myeloma.
Angiex Founder and President Paul Jaminet, said, "Marty joins the Angiex team at the perfect time to help drive our company forward. Together with our scientific team of leading experts in angiogenesis, vascular biology, antibody-drug conjugate chemistry, and oncology, Marty will help fully realize the promise of our transformative biology and ND-ADC technology."
"I couldn't be more excited to join Angiex at this stage in the company's young history. We have the opportunity to do something special here as we build on the exciting clinical results of the antibody-drug conjugate class," said Marty J. Duvall. "Our pre-clinical data is impressive, our potential to improve efficacy and therapeutic margin compared to traditional ADCs is clear, and we are now moving AGX101, our lead ND-ADC product, into clinical development."
Iain Dukes, executive chairman of Angiex and venture partner of Orbimed Advisors, said, "Bringing in an executive of Marty's caliber is an important step for Angiex. AGX101and future drugs built on Angiex's platform have the potential to transform the way cancer is treated, and Marty has the experience help make that happen."
Angiex Inc. is a privately held biotech startup whose mission is to exploit newly discovered biological transport mechanisms to make drugs with revolutionary power over cancer. Based in Cambridge, Mass., Angiex was founded by a scientific team of leading experts in angiogenesis, vascular biology, and oncology. The company is developing a novel portfolio of Nuclear-Delivered Antibody-Drug Conjugates™ (ND-ADCs) that release therapeutic payloads directly into the nucleus or cytosol, where the site of payload action is located. This direct delivery holds the promise of enhancing the efficacy and therapeutic margin of conventional ADCs. The lead product, AGX101, has advanced through pre-clinical development and is about to begin Phase 1 clinical trials. To learn more about Angiex, visit angiex.com.
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SOURCE Angiex Inc. | https://www.kxii.com/prnewswire/2022/06/22/angiex-strengthens-its-leadership-team-with-appointment-marty-j-duvall-chief-executive-officer/ | 2022-06-22T11:11:07Z |
VANCOUVER, BC, July 27, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the second quarter results of 2022 ("Q2 2022"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
- Sales of $2.887 billion and earnings of $762 million, or $7.59 per diluted share
- Adjusted EBITDA1 of $1,124 million, representing 39% of sales
- Lumber segment Adjusted EBITDA1 of $449 million
- North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $623 million
- Pulp & Paper segment Adjusted EBITDA1 of negative $3 million
- Europe Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $54 million
- Returned $1.475 billion of capital to shareholders through the repurchase of approximately 16.0 million West Fraser common shares
"West Fraser generated strong financial results again in the second quarter of 2022, supporting the return of more than $1.5 billion of capital to shareholders through share repurchases and our quarterly dividend," said Ray Ferris, West Fraser's President & CEO. "The acute transportation challenges facing the company in recent quarters showed signs of improvement in the second quarter, in large part because of the dedication and determination of our people. Even so, our ability to ship products in a timely manner to meet the demands of our customers is not where it needs to be and therefore transportation and logistics remain key focus areas for the company. Inflationary cost pressures persist across our various supply chains, although an environment of strong demand and above-average product pricing has helped to absorb most of these cost increases. And while we recognize the risks of near-term macro headwinds, including rising mortgage rates and elevated energy prices, we also note that demand for our products has been resilient, and we continue to see favourable long-term market fundamentals in support of our wood building products business."
"In 2021, we took important steps toward becoming a sustainability leader, and today we are sharing our progress with the release of our 2021 Sustainability Report," said Ferris. "We understand the importance, and necessity, of doing the right thing for the environment, our communities and our employees while sustainably and profitably growing our business. We are proud of our past, but even more excited about our future."
Second quarter sales were $2.887 billion, compared to $3.110 billion in the first quarter of 2022. Second quarter earnings were $762 million, or $7.59 per diluted share, compared to $1,090 million, or $10.25 per diluted share in the first quarter of 2022. Second quarter Adjusted EBITDA1 was $1,124 million compared to $1,592 million in the first quarter of 2022.
Cash and short-term investments decreased to $1.281 billion at June 30, 2022 from $1.568 billion at December 31, 2021.
Capital expenditures in the second quarter were $88 million.
We paid $26 million of dividends in the second quarter and announced an increase to our quarterly dividend for the dividend to be paid in the third quarter, raising it to $0.30 per share from $0.25 per share.
In the second quarter of 2022, we repurchased 4,120,222 million shares under our Normal Course Issuer Bid ("NCIB") for aggregate consideration of $329 million. As of July 26, 2022, 7,197,924 million shares have been repurchased under the current NCIB, leaving 2,996,076 million shares available to purchase at our discretion until the expiry of the NCIB.
We completed a substantial issuer bid ("SIB") in the second quarter of 2022 and a total of 11,898,205 common shares were taken up and purchased for cancellation at a price of $95.00 per share for an aggregate purchase price of $1.13 billion.
As of July 26, 2022, we have repurchased for cancellation 36,745,718 of the Company's Common shares since the closing of the Norbord acquisition on February 1, 2021 through the completion of the 2021 SIB and the 2022 SIB as well as normal course issuer bids, equalling 67% of the shares issued in respect of the Norbord Acquisition.
Markets
Several key trends that have served as positive drivers in recent years are expected to continue to support medium- and longer-term demand for new home construction in North America.
The most significant uses for our North America lumber, OSB and wood panel products are residential construction, repair and remodelling and industrial applications. Over the medium-term, we expect that an aging housing stock, lagging completions of previously started new home construction and greater acceptance of work-from-home practices may offset near-term headwinds and drive repair and renovation spending that supports lumber, plywood and OSB demand. Over the longer-term, growing market penetration of mass timber in industrial and commercial applications is also expected to become a more significant demand growth driver for wood building products in North America.
The seasonally adjusted annualized rate of U.S. housing starts averaged 1.56 million units in June 2022, with permits issued averaging 1.69 million units, according to the U.S. Census Bureau. However, demand for new home construction and for our wood building products may be reduced in the near-term should interest rates continue to rise and consumer sentiment and housing affordability continue to be impacted.
The demand for our European products is also expected to remain robust over the longer-term as use of OSB as an alternative to plywood continues to grow, and an aging housing stock supports long-term repair and renovation spending and additional demand for our wood building products. While near-term challenges, including rising interest rates, ongoing geopolitical developments and inflationary pressures akin to those we are seeing in North America may cause a temporary slowing of demand for our products in Europe, we are confident that we will be able to navigate through these periods and capitalize on opportunities for long-term growth ahead.
Operations
The extent of the transportation challenges experienced in Western Canada thus far in 2022 continues to be more acute and of longer duration than originally anticipated, therefore we now expect our SPF lumber shipments for 2022 to be closer to the bottom end of the guidance range of approximately 2.8 to 3.0 billion board feet. We reiterate expectations for our 2022 SYP shipments to be approximately 3.0 to 3.2 billion board feet. On July 1, 2022, stumpage rates increased in B.C. due to the market-based adjustments related to lumber costs, although in the current commodity price environment, B.C. stumpage rates are expected to decrease later in the year. We continue to expect modest log cost inflation in the U.S. South in 2022.
In our NA EWP segment, we expect OSB shipments to increase in 2022 as we account for a full year of contribution from Norbord, recapture production and shipments lost due to temporary disruptions to our operations in 2021, and as we continue to ramp operations at our Chambord OSB mill. However, transportation and logistics constraints across North America remain challenging and demand for our products is showing signs of slowing, and as such we now expect OSB shipments in 2022 to be approximately 5.9 to 6.2 billion square feet (3/8-inch basis), down modestly from our original guidance of 6.1 to 6.4 billion square feet (3/8-inch basis). We also continue to expect that input costs for the NA EWP business will remain elevated in the near-term, due primarily to high energy and resin costs. Work at the Allendale OSB facility is ongoing to prepare the mill for an eventual re-start when warranted by customer demand. However, due to inflationary cost pressures and supply chain challenges the capital investment is expected to increase approximately 10% from the original estimate of approximately $70 million and project completion has been shifted to the end of the first quarter of 2023.
We do not expect to increase our Pulp & Paper segment shipments in 2022.
In our Europe EWP segment we reduce expectations for OSB shipments and now project them to be approximately 1.0 to 1.2 billion square feet (3/8-inch basis) in 2022, down slightly from our original guidance of 1.1 to 1.3 billion square feet (3/8-inch basis). Input costs for the Europe EWP business are expected to remain elevated in the near-term, due primarily to higher energy and resin costs.
Across much of our supply chain, we continue to experience greater than usual inflationary cost pressures and availability constraints for labour, transportation, raw materials such as resins and chemicals, and energy. We expect these cost pressures and availability constraints to remain elevated through 2022.
Based on our current outlook, assuming no deterioration in market conditions during the year and no additional lengthening of lead times for projects underway or planned, we continue to anticipate that we will invest approximately $500 to $600 million in 20221. However, given the rate of 2022 capital spending to-date we now expect full year capital expenditures to be nearer the bottom end of the guidance range.
Our Q2 2022 MD&A and interim consolidated financial statements and the related notes are available on our website at www.westfraser.com and the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and the Electronic Data Gathering, Analysis and Retrieval System ("EDGAR") website at www.sec.gov/edgar.shtml under the Company's profile.
West Fraser's 2021 Sustainability Report is available on the Company's website at www.westfraser.com. This report reviews the Company's key Environmental, Social, and Governance ("ESG") performance and includes information aligned with the Sustainable Accounting Standards Board ("SASB"), Global Reporting Initiative ("GRI"), the Task Force on Climate-Related Disclosures ("TFCD") and CDP (formerly the Carbon Disclosure Project). In 2021, West Fraser built on its sustainability foundations and strategy by beginning the work to establish robust and credible environmental and social ambitions, goals and targets to guide the company's next chapter. This work included taking the necessary steps to become the first Canadian company committing to join the Science Based Targets Initiative ("SBTi") targets to materially reduce GHG emissions by 2030, aligning with the Paris Agreement.
Risk and uncertainty disclosures are included in our 2021 annual MD&A, as updated by the disclosures in our Q2 2022 MD&A, as well as in our public filings with securities regulatory authorities. See also the discussion of "Forward-Looking Statements" below.
West Fraser will hold an analysts' conference call to discuss the Company's Q2 2022 financial and operating results on Thursday, July 28, 2022, at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time). To participate in the call, please dial: 1-888-390-0605 (toll-free North America) or 416-764-8609 (toll) or connect on the webcast. The call and an earnings presentation may also be accessed through West Fraser's website at www.westfraser.com. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Ray Ferris, President and Chief Executive Officer.
Following management's discussion of the quarterly results, investors and the analyst community will be invited to ask questions. The call will be recorded for webcasting purposes and will be available on the West Fraser website at www.westfraser.com.
West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States ("U.S."), the United Kingdom ("U.K."), and Europe. From responsibly sourced and sustainably managed forest resources, the Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals and renewable energy. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers, tissue, and box materials.
This press release includes statements and information that constitutes "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of United States securities laws (collectively, "forward-looking statements"). Forward-looking statements include statements that are forward-looking or predictive in nature and are dependent upon or refer to future events or conditions. We use words such as "expects," "anticipates," "plans," "believes," "estimates," "seeks," "intends," "targets," "projects," "forecasts" or negative versions thereof and other similar expressions, or future or conditional verbs such as "may," "will," "should," "would" and "could" to identify these forward-looking statements. These forward-looking statements generally include statements which reflect management's expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies and outlook of West Fraser and its subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods.
Forward-looking statements included in this press release include references to the following and their impact on our business:
- Demand in North American and European markets for our products, including demand from new home construction and repairs and renovations, the impact of rising interest rates and inflationary pressures and the growing penetration of mass timber
- Disruptions in transportation services, and the timelines for resumptions of full transportation services
- Operation guidance, including projected shipments, inflationary cost pressures on our input costs, projected capital expenditures and the timing and costs of the restart of the Allendale OSB facility
By their nature, these forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, forecasts, and other forward-looking statements will not occur. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to:
- assumptions in connection with the economic and financial conditions in the U.S., Canada, U.K., Europe and globally and consequential demand for our products, including the impact of the conflict in the Ukraine;
- continued increases in interest rates and inflation could impact housing affordability and repair and remodelling demand, which could reduce demand for our products;
- global supply chain issues may result in increases to our costs and may contribute to a reduction in near-term demand for our products;
- risks inherent to product concentration and cyclicality;
- effects of competition and product pricing pressures, including continued access to log supply and fibre resources at competitive prices and the impact of third-party certification standards;
- effects of variations in the price and availability of manufacturing inputs, including energy, resin and other input costs, and the impact of inflationary pressures on the costs of these manufacturing costs, including increases in stumpage fees and log costs;
- availability and costs of transportation services, including truck and rail services, and port facilities, the impacts on transportation services of wildfires and severe weather events, and the impact of increased energy prices on the costs of transportation services and the timing of the resolution of transportation constraints in Western Canada;
- transportation constraints may continue to negatively impact our ability to meet projected shipment volumes;
- the timing of our planned capital investments may be delayed and the ultimate costs of these investments may be increased as a result of inflation;
- various events that could disrupt operations, including natural, man-made or catastrophic events including wildfires and any state of emergency and/or evacuation orders issued by governments and ongoing relations with employees;
- risks inherent to customer dependence;
- impact of future cross border trade rulings or agreements;
- implementation of important strategic initiatives and identification, completion and integration of acquisitions;
- impact of changes to, or non-compliance with, environmental or other regulations;
- the impact of the COVID-19 pandemic on our operations and on customer demand, supply and distribution and other factors;
- government restrictions, standards or regulations intended to reduce greenhouse gas emissions and our ability to achieve our SBTi commitment for the reduction of greenhouse gases as planned;
- changes in government policy and regulation, including against taken by the Government of British Columbia pursuant to recent amendments to forestry legislation and initiatives to defer logging of forests deemed "old growth" and the impact of these actions on our timber supply;
- impact of weather and climate change on our operations or the operations or demand of its suppliers and customers;
- ability to implement new or upgraded information technology infrastructure;
- impact of information technology service disruptions or failures;
- impact of any product liability claims in excess of insurance coverage;
- risks inherent to a capital intensive industry;
- impact of future outcomes of tax exposures;
- potential future changes in tax laws, including tax rates;
- effects of currency exposures and exchange rate fluctuations;
- future operating costs;
- availability of financing, bank lines, securitization programs and/or other means of liquidity;
- continued integration of the Norbord business;
- continued access to timber supply in the traditional territories of Indigenous Nations;
- the risks and uncertainties described in our 2021 Annual MD&A and Q2 2022 MD&A; and
- other risks detailed from time-to-time in our annual information forms, annual reports, MD&A, quarterly reports and material change reports filed with and furnished to securities regulators
In addition, actual outcomes and results of these statements will depend on a number of factors including those matters described under "Risks and Uncertainties" in our 2021 MD&A and may differ materially from those anticipated or projected. This list of important factors affecting forward‑looking statements is not exhaustive and reference should be made to the other factors discussed in public filings with securities regulatory authorities. Accordingly, readers should exercise caution in relying upon forward‑looking statements and we undertake no obligation to publicly update or revise any forward‑looking statements, whether written or oral, to reflect subsequent events or circumstances except as required by applicable securities laws.
Throughout this news release, we make reference to (i) certain non-GAAP financial measures, including Adjusted EBITDA and Adjusted EBITDA by segment (our "Non-GAAP Financial Measures"), and (ii) certain supplementary financial measures, including our expected capital expenditures (our "Supplementary Financial Measures"). We believe that these Non-GAAP Financial Measures and Supplementary Financial Measures (collectively, our "Non-GAAP and other specified financial measures") are useful performance indicators for investors with regard to operating and financial performance and our financial condition. These Non-GAAP and other specified financial measures are not generally accepted financial measures under IFRS and do not have standardized meanings prescribed by IFRS. Investors are cautioned that none of our Non-GAAP Financial Measures should be considered as an alternative to earnings or cash flow, as determined in accordance with IFRS. As there is no standardized method of calculating any of these Non-GAAP and other specified financial measures, our method of calculating each of them may differ from the methods used by other entities and, accordingly, our use of any of these Non-GAAP and other specified financial measures may not be directly comparable to similarly titled measures used by other entities. Accordingly, these Non-GAAP and other specified financial measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The reconciliation of the Non-GAAP measures used and presented by the Company to the most directly comparable IFRS measures is provided in the tables set forth below.
Adjusted EBITDA is used to evaluate the operating and financial performance of our operating segments, generate future operating plans, and make strategic decisions. Adjusted EBITDA is defined as earnings determined in accordance with IFRS adding back the following line items from the consolidated statements of earnings and comprehensive earnings: finance expense, tax provision or recovery, amortization, equity-based compensation, restructuring and impairment charges, and other.
Adjusted EBITDA by segment is defined as segment earnings before tax determined for each reportable segment in accordance with IFRS adding back the following line items from the consolidated statements of earnings and comprehensive earnings for that reportable segment: finance expense, amortization, equity-based compensation, restructuring and impairment charges, and other.
EBITDA is commonly reported and widely used by investors and lending institutions as an indicator of a company's operating performance, ability to incur and service debt, and as a valuation metric. We calculate Adjusted EBITDA and Adjusted EBITDA by segment to exclude items that do not reflect our ongoing operations and should not, in our opinion, be considered in a long-term valuation metric or should not be included in an assessment of our ability to service or incur debt.
We believe that disclosing these measures assists readers in measuring performance relative to other entities that operate in similar industries and understanding the ongoing cash generating potential of our business to provide liquidity to fund working capital needs, service outstanding debt, fund future capital expenditures and investment opportunities, and pay dividends. Adjusted EBITDA is used as an additional measure to evaluate the operating and financial performance of our reportable segments.
The following table reconciles Adjusted EBITDA to the most directly comparable IFRS measure, earnings.
($ millions)
The following tables reconcile Adjusted EBITDA by segment to the most directly comparable IFRS measures for each of our reportable segments. We consider that segment earnings before tax is the most directly comparable measure for Adjusted EBITDA by segment, given we do not allocate consolidated tax amounts across our reportable segments.
($ millions)
This measure represents our best estimate of the amount of cash outflows relating to additions to capital assets for 2022 based on our current outlook. This amount is comprised primarily of various improvement projects and maintenance-of-business expenditures, projects focused on optimization and automation of the manufacturing process, and projects targeted to reduce greenhouse gas emissions. This measure assumes no deterioration in market conditions during the year and that we are able to proceed with our plans on time and on budget. This estimate is subject to the risks and uncertainties identified in the Company's 2021 Annual MD&A and Q2 2022 MD&A.
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SOURCE West Fraser Timber Co. Ltd. | https://www.wibw.com/prnewswire/2022/07/27/west-fraser-announces-second-quarter-2022-results/ | 2022-07-27T21:47:36Z |
BIRMINGHAM, Ala., July 22, 2022 /PRNewswire/ -- Dakota Lithium, a U.S. battery manufacturer founded in 2008, has signed a three-year partnership with B.A.S.S. as a premier sponsor of the Bassmaster Tournament Trail and the Official Lithium Battery of Bassmaster through 2025.
"Here at Dakota Lithium, we are proud to be partnering with Bassmaster as the first Official Lithium Battery. Dakota Lithium is the top battery choice of professional anglers. Partnering with the leading professional fishing tournament series just made sense. We are looking forward to joining the elite brands that are supporting the future of fishing," said Dakota Lithium CEO Andrew A. Jay.
Dakota Lithium already works with multiple current Bassmaster Elite Series pro anglers. Two-time Bassmaster Classic champion Hank Cherry, Greg DiPalma, Austin Felix, Marc Frazier, Brock Mosley, Chad Pipkens, Tyler Rivet, Matt Robertson and Kyle Welcher are all part of the Dakota Lithium pro staff.
"I was the first Bassmaster Elite angler to use Dakota Lithium batteries and have been on the team from the beginning," said Mosley, who has notched five Top 10 Elite finishes in the past two seasons. "It is truly amazing to see how far they have come and to see them sponsor the 2023 Bassmaster season."
Fellow Elite pro Matt Robertson echoed that enthusiasm for the partnership.
"When you combine the best lithium battery and the best fishing organization, you get Dakota Lithium and Bassmaster," said Robertson, who has claimed two Top 10s this season. "Like Bassmaster, Dakota Lithium is the highest quality, longest lasting battery on the market. Nothing makes more sense than Dakota Lithium becoming the first Official Lithium Battery of Bassmaster."
Dakota Lithium will be a premier sponsor for the Academy Sports + Outdoors Bassmaster Classic presented by Huk, Bassmaster Elite Series, St. Croix Bassmaster Opens Series presented by Mossy Oak Fishing, Strike King Bassmaster College Series presented by Bass Pro Shops, Abu Garcia Bassmaster High School Series presented by Academy Sports + Outdoors, Bass Pro Shops Bassmaster Team Championship and the grass-roots TNT Fireworks B.A.S.S. Nation regional and championship tournaments.
In addition to their tournament sponsorship, Dakota Lithium will be highlighted during Bassmaster LIVE, which is streamed on Bassmaster.com and broadcast Saturday and Sunday mornings on the FOX Sports platforms, and will enjoy exposure in Bassmaster and B.A.S.S. Times magazines and across various industry-leading social media platforms.
Lithium batteries have become an industry standard for competitive fishing, providing twice the usable power at half the weight of traditional batteries. In a quickly growing market, Dakota Lithium has become the brand of choice for professional athletes, primarily due to Dakota Lithium's performance, reliability, lifespan and best-in-class 11-year warranty.
"This new partnership with Bassmaster and Dakota Lithium shows how Dakota Lithium has become the go-to battery in the marine industry, and partnering with Bassmaster is the next step in continuing that dominance," said Craig Storms, Dakota Lithium national sales representative and pro staff manager.
"We are proud to welcome Dakota Lithium as a new premier partner and look forward to connecting them with anglers and Bassmaster fans," said B.A.S.S. CEO Chase Anderson. "Dakota Lithium already works alongside so many anglers at all levels, and we are excited to introduce their long-lasting batteries to our passionate fans over the next several years."
Founded in 2008 in Grand Forks, North Dakota, by two pilots and a chemical engineer, Dakota Lithium is the leading consumer lithium battery brand in the US and Canada. Built on a culture of relentless improvement and reliability, Dakota Lithium batteries have twice the power, half the weight, and 5X the lifespan of traditional batteries. Backed up by DL's best-in-class 11-year warranty.
Here at Dakota Lithium, we believe that quality makes the difference. And that quality is measured by lifespan – how long a battery lasts. That's why we focus on building batteries that last a long, long time. By harnessing a unique chemistry and our engineering know-how, Dakota Lithium lasts 5-10x longer than traditional batteries, providing lasting value for our customers and reducing e-waste and the impact on our planet.
B.A.S.S., which encompasses the Bassmaster tournament leagues, events and media platforms, is the worldwide authority on bass fishing and keeper of the culture of the sport, providing cutting edge content on bass fishing whenever, wherever and however bass fishing fans want to use it. Headquartered in Birmingham, Ala., the 515,000-member organization's fully integrated media platforms include the industry's leading magazines (Bassmaster and B.A.S.S. Times), website (Bassmaster.com), TV show, radio show, social media programs and events. For more than 50 years, B.A.S.S. has been dedicated to access, conservation and youth fishing.
The Bassmaster Tournament Trail includes the most prestigious events at each level of competition, including the Bassmaster Elite Series, St. Croix Bassmaster Opens Series presented by Mossy Oak Fishing, TNT Fireworks B.A.S.S. Nation Series, Strike King Bassmaster College Series presented by Bass Pro Shops, Abu Garcia Bassmaster High School Series presented by Academy Sports + Outdoors, Bass Pro Shops Bassmaster Team Championship, Yamaha Rightwaters Bassmaster Kayak Series powered by TourneyX, Yamaha Bassmaster Redfish Cup Championship presented by Skeeter and the ultimate celebration of competitive fishing, the Academy Sports + Outdoors Bassmaster Classic presented by Huk.
Media Contacts: Emily Harley, B.A.S.S. Communications Manager, 205-313-0945 (o), 205-253-1114 (c), eharley@bassmaster.com
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SOURCE B.A.S.S. | https://www.mysuncoast.com/prnewswire/2022/07/21/dakota-lithium-selected-official-lithium-battery-bassmaster-inks-multiyear-deal-bassmaster-premier-sponsor/ | 2022-07-22T00:45:48Z |
As outraged Democrats jumped on social media after the fall of Roe v. Wade, some symbolic voices in the party offered careful words of celebration.
“Let’s Stand Together and Support Women and Children!!!,” tweeted state Sen. Katrina Jackson, the Democrat who sponsored Louisiana’s trigger bill that includes potential 10-year prison sentences for those who perform abortions.
Jackson’s added calls for “womb to tomb” legislation includes raising wages for child care workers, funds to fight human trafficking and establishing new state programs helping families.
Louisiana Gov. John Bel Edwards, also a Democrat, posted several tweets, including: “My position on abortion has been unwavering. I am pro-life and have never hidden from that fact.” He stressed that this Louisiana bill included clauses protecting procedures in cases of “medical futility” and ectopic pregnancies and added that he believes it needed “an exception to the prohibition on abortion for victims of rape and incest.”
The Democratic Party, in its 2020 platform, remained committed to “protecting and advancing reproductive health, rights and justice,” while promising to “fight and overturn federal and state laws” limiting or opposing abortion rights.
But in the wake of the Supreme Court’s recent Dobbs v. Jackson Women’s Health Organization decision, crucial debates about abortion laws will move to state governments. Some have already passed bills protecting unborn children and others have taken equally strong stands defending abortion rights.
Many states are located somewhere in between, noted Kristen Day, leader of Democrats for Life of America. In these states, there will be tense negotiations over legislation such as “heartbeat bills” — usually defined as abortion bans after six weeks of gestation — that were impossible under court actions linked to Roe v. Wade.
While pro-life Democrats are an endangered species inside the D.C. Beltway, there are “hundreds of us active in state governments,” said Day, reached by telephone. Many of these Democrats are linked to black and Latino churches — grassroots workers that national party leaders may not want to attack or alienate.
“This is where we can help bridge some divides by working with people who want to increase aid for women and families, while also doing everything possible to protect the unborn,” she said. “If there are problems in some of these state bills, then pro-life Democrats are the kinds of people who can get in the middle of things and help fix them.”
Frequently, these clashes will — like it or not — involve religion.
Truth is, it’s almost impossible to debate legalized abortion without mentioning centuries of beliefs in major faith groups, noted a recent study from Pew Research Center. This is true when discussing debates inside both political parties.
“Who are the Republicans who support legal abortion and the Democrats who oppose it, and how else do they differ from their fellow partisans?,” asked a recent Pew summary of research on this topic. “Republicans who favor legal abortion are far less religious than abortion opponents in the GOP, while Democrats who say abortion should be illegal in all or most cases are much more religious than Democrats who say it should be legal.”
In the supercharged atmosphere after the fall of Roe, with threats rising against some churches, it’s important for angry activists not to ignore the role religious believers have played in helping needy women and children, noted Michael Wear of Public Square Strategies. He served as faith-outreach director for Barack Obama’s 2012 campaign and joined the president’s White House staff.
“I’m all for responsible, honest critiques of Christians, but I’m seeing folks on [Twitter] literally claim no Christians personally care for an ‘unwanted’ child,” he tweeted. “About half of the refugee resettlement agencies are Christian. Christians essentially invented the idea of a hospital. Look into what percentage of hospital beds are faith-based in your state. Check out who volunteers in this country. ... Why the need to tell a demonstrably false story about the church?”
When trying to build coalitions on these issues, he added, it’s “much more common for those of minority faiths to feel isolated and marginalized by an imposed secularism than an expressed, positive Christianity. ... Hungry kids aren’t getting fed by your tweets. They’re getting fed by a summer food program that is largely administered by the government via partnerships with churches and faith-based institutions.” | https://www.albanyherald.com/features/faith/terry-mattingly-democrats-for-life-brace-for-new-debates/article_0e1fd454-fd40-11ec-91fd-03a6d0577e39.html | 2022-07-06T23:24:55Z |
NEW YORK, July 11, 2022 /PRNewswire/ --
- Expands Swvl's revenues from highest profitability operations TaaS and SaaS to > $7m revenue per month from > 500 contracts in > 20 countries in alignment with Swvl's portfolio optimization program to turn cash flow positive in 2023
- Expands footprint in Latin America beyond current operations in Argentina, Chile, and Brazil and complements Swvl's strong position in Africa, Asia, and Europe
- Brings demonstrated history of growth with 138% revenue CAGR from 2017-21, continuing to grow through COVID-19
Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd ("Urbvan"), a shared mobility platform that provides tech-enabled transportation services to Latin America's second largest country by population. Urbvan provides tech-enabled transportation services that aim to improve both quality of life and safety standards of bus travel across vast geographical distances. Integrating mobility patterns with a shared vehicle aggregator platform, Swvl's acquisition of Urbvan provides an excellent opportunity to accelerate Swvl's mission to provide safer, faster, smarter, and more affordable mass transport for everyone no matter where they live.
Urbvan was founded in 2016, with the purpose of using shared mobility as a catalyst for improving people's lives. The company operates in 18 cities across Mexico with solutions for urban routes, intercity routes, for private organizations and for private on-demand needs. Similar to Swvl, Urbvan is committed to providing affordable, efficient transportation options free of harassment and other unsafe conditions.
Mostafa Kandil, Swvl Founder and CEO, said, "Urbvan was founded on the same principals as Swvl: to address the inefficiencies found in traditional mass transit in many parts of the world. With a significant footprint in Mexico, an impressive suite of Transport as a Service (TaaS) offerings, and strong relationships with local government players, this acquisition reinforces Swvl's position as a leading provider of safer and more reliable mobility solutions which are required for vulnerable people living in densely populated, challenging markets with vast geographies."
Renato Picard, Urbvan Co-Founder and Co-CEO, said, "Swvl and Urbvan share a vision to remodel mass transit to be safer for everyone, no matter their gender or social class, in the most challenging and densely populated urban neighborhoods in Latin America. We are excited to partner with Swvl as we work to illustrate best-practices for tech-optimized day to day travel in Mexico. This transaction positions Urbvan to leverage Swvl's global offerings to scale the platform both within the region and beyond. We look forward to using our combined capabilities to provide safe, efficient, and affordable shared mobility options across the world."
João Matos Albino, Urbvan Co-Founder and Co-CEO, said, "When looking for new growth opportunities, Swvl emerged as an ideal partner to help Urbvan's ambition to creating the most efficient and sustainable transportation system in Latin America. We have been impressed by Swvl's experience of rapidly scaling their platform globally while providing best-in-class mobility solutions and ensuring that both employees and users remain a top priority. We look forward to partnering with them on the next step of our journey."
Youssef Salem, Swvl CFO, said, "The acquisition of Urbvan contributes towards all the key objectives of our recently announced portfolio optimization plan: opportunity to enhance margins, turn cash flow positive in 2023, focus on high profitability segments TaaS and SaaS, expand in higher ticket fare markets and extract more value from our proprietary technology stack. Today's announcement reinforces Swvl's commitment to back regional champions in the mobility space. Looking ahead, we plan to continue to pursue accretive strategic initiatives to continue expanding best-in-class tech-enabled mass transit solutions in the most challenging markets across the world, where we believe our system can make the greatest difference to people's daily lives."
Transaction Highlights:
The transaction provides Swvl enhanced scale which Swvl believes will create substantial value for shareholders in several ways:
- Drives Swvl's continued global expansion
- Offers a complementary suite of TaaS mobility solutions with proven ability to retain customers and experience high growth levels:
- Brings proven track record of growth:
The acquisition is expected to be completed in Q3 2022.
About Swvl
Swvl is a global provider of transformative tech-enabled mass transit solutions, offering intercity, intracity, B2B and B2G transportation across > 135 cities in > 20 countries. The Company's platform provides complimentary semi-private alternatives to public transportation for individuals who cannot access or afford private options. Every day, Swvl's parallel mass transit systems are empowering individuals to go where they want, when they want – making mobility safer, more efficient, accessible, and environmentally friendly. Customers can book their rides on an easy-to-use proprietary app with varied payment options and 24 / 7 access to high-quality private buses and vans.
Swvl was co-founded by Mostafa Kandil, who began his career at Rocket Internet, where he launched the car sales platform Carmudi in the Philippines, which became the largest car classifieds company in the country in just six months. He then served as Rocket Internet's Head of Operations. In 2016, Kandil joined Careem, a ride-sharing company and the first unicorn in the Middle East. He supported the platform's expansion into multiple new markets.
For additional information about Swvl, please visit www.swvl.com.
About Urbvan
Urbvan is a tech-enabled mass transportation company using a triple-sided marketplace that connects organizations, users and third-party vehicles, by creating mobility networks for repeatable customers. Urbvan is committed to delivering an efficient, affordable and reliable service that can deeply impact the way people are moving in Latin America. The company seeks to improve people's quality of life by reshaping transportation with a human-centred approach and a positive impact on the environment. Since its inception, Urbvan has raised funds from some of the largest Latin American early-stage funds, such as; Kaszek Ventures, Angel Ventures, DILA Capital, Mountain Nazca, Capria, Liil Ventures and angel investor Kevin Efrusy.
Urbvan was co-founded by Renato Picard and Joao Matos Albino in 2016. Renato holds a B.A. in Business from Instituto Tecnológico Autónomo de México (ITAM). He started his career in consulting, with a focus on the residential and hospitality industry. Additionally, he is actively supporting entrepreneurs and traditional companies as an advisor. Joao is originally from Portugal and before founding Urbvan he worked at Rocket Internet, was part of the founding team of the first online grocery deliver startup in the region and worked for companies like Unilever and Mars. Joao holds a BSc Economics at the NOVA School of Business & Economics and a MSc of Strategic Marketing at Cranfield Business School. Joao is an Endeavor Entrepreneur and in the past years has been investing as an Angel Investor in the region.
For additional information about Urbvan, please visit www.uvan.com
Forward Looking Statements
Certain statements made herein are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future events and other statements that are not historical facts.
These statements are based on the current expectations of Swvl's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Swvl. These statements are subject to a number of risks and uncertainties regarding Swvl's business, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political and business conditions, including but not limited to the economic and operational disruptions and other effects of the COVID-19 pandemic; the ability of the combined company to execute its growth strategy, manage growth profitably and retain its key employees; competition with other companies in the mobility industry; Swvl's limited operating history and lack of experience as a public company; recent implementation of certain policies and procedures to ensure compliance with applicable laws and regulations, including with respect to anti-bribery, anti-corruption, and cyber protection; the risk that Swvl is not able to execute its portfolio optimization plan; the risk that Swvl is unable to attract and retain consumers and qualified drivers and other high quality personnel; the risk that Swvl is unable to protect and enforce its intellectual property rights; the risk that Swvl is unable to determine rider demand to develop new offerings on its platform; the difficulty of obtaining required registrations, licenses, permits or approvals in jurisdictions in which Swvl currently operates or may in the future operate; the fact that Swvl currently operates in and intends to expand into jurisdictions that are, or have been, characterized by political instability, may have inadequate or limited regulatory and legal frameworks and may have limited, if any, treaties or other arrangements in place to protect foreign investment or involvement; the risk that Swvl's drivers could be classified as employees, workers or quasi-employees in the jurisdictions they operate; the fact that Swvl has operations in countries known to experience high levels of corruption and is subject to territorial anti-corruption laws in these jurisdictions; the ability of Swvl to maintain the listing of its securities on Nasdaq; Swvl's acquisitions may not be beneficial to Swvl as a result of the cost of integrating geographically disparate operations and the diversion of management's attention from its existing business, among other things; and other risks that will be detailed from time to time in filings with the U.S. Securities and Exchange Commission. The foregoing list of risk factors is not exhaustive. There may be additional risks that Swvl presently does not know or that Swvl currently believes are immaterial that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide Swvl's expectations, plans or forecasts of future events and views as of the date of this communication. Swvl anticipates that subsequent events and developments will cause Swvl's assessments and projections to change. However, while Swvl may elect to update these forward-looking statements in the future, Swvl specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Swvl's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Photo - https://mma.prnewswire.com/media/1856241/Swvl.jpg
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SOURCE Swvl | https://www.wibw.com/prnewswire/2022/07/11/swvl-expands-into-mexico-with-acquisition-mass-transit-tech-platform-urbvan/ | 2022-07-11T11:37:51Z |
BEIRUT (AP) — Syria’s international airport in Aleppo is to resume business on Friday after the facility was put out of commission by an Israeli missile attack, the country’s transport ministry said.
The ministry said in a statement carried by state media that the damage has been fixed and called on airline companies to resume their flights to the city in northern Syria.
Israel launched a missile attack on Tuesday night targeting Aleppo’s airport for the second time in a week and all flights were diverted to the capital Damascus.
The Israeli strike tore large craters in three spots on the facility’s runway, satellite images analyzed Thursday by The Associated Press show.
The satellite images from Planet Labs PBC taken Wednesday show the airport’s single east-west runway bore three new craters. Vehicles and workers surrounded the two of the craters while the one furthest east had no traffic near it.
Israel also launched airstrikes at Aleppo airport last week, damaging its runway and, according to the Syrian Observatory for Human Rights, an opposition war monitor, a warehouse that likely stored a shipment of Iranian rockets.
Last week’s strike tore a hole in the runway and also damaged a structure close to the military side of the airfield, satellite photos analyzed by The Associated Press showed.
“The airport will be working at full capacity to serve passengers and airline companies around the clock,” said the Transport Ministry adding that work will resume at noon Friday (0900 GMT).
On June 10, Israeli airstrikes that struck Damascus International Airport caused significant damage to infrastructure and runways and rendered the main runway unserviceable. The airport opened two weeks later following renovation work.
Israel has carried out hundreds of strikes on targets inside government-controlled parts of Syria in recent years, but rarely acknowledges or discusses such operations.
Israel has acknowledged, however, that it targets bases of Iran-allied militant groups, such as Lebanon’s Hezbollah, which has sent thousands of fighters to support Syrian President Bashar Assad’s forces. | https://cw33.com/news/international/ap-international/ap-syrian-airport-to-resume-work-days-after-israeli-strike/ | 2022-09-09T16:23:14Z |
PORTLAND, Ore. (AP) — A jury in Portland has convicted a self-published romance novelist — who once wrote an essay titled “How to Murder Your Husband” — of fatally shooting her husband four years ago.
The jury of seven women and five men found Nancy Crampton Brophy, 71, guilty of second-degree murder Wednesday after deliberating over two days in chef Daniel Brophy’s death, KOIN-TV reported.
Brophy, 63, was killed June 2, 2018 as he prepped for work at the Oregon Culinary Institute in Southwest Portland.
Crampton Brophy displayed no visible reaction Wednesday inside the crowded Multnomah County courtroom.
Lisa Maxfield, one of Crampton Brophy’s attorneys, said the defense team plans to appeal.
Prosecutors told jurors that Crampton Brophy was motivated by money problems and a life insurance policy.
Crampton Brophy said during the trial, however, that she had no reason to kill her husband and that their financial problems had largely been solved by cashing in a chunk of Brophy’s retirement savings plan.
She owned the same make and model of gun used to kill her husband and was seen on surveillance camera footage driving to and from the culinary institute, court exhibits and court testimony showed.
Police never found the gun that killed Brophy. Prosecutors alleged Crampton Brophy swapped out the barrel of the gun used in the shooting and then discarded the barrel.
Defense attorneys said the gun parts were inspiration for Crampton Brophy’s writing and suggested someone else might have killed Brophy during a robbery gone wrong. Crampton Brophy testified during the trial that her presence near the culinary school on the day of her husband’s death was mere coincidence and that she had parked in the area to work on her writing.
Crampton Brophy’s how-two treatise detailed various options for committing an untraceable killing and professed a desire to avoid getting caught. Circuit Judge Christopher Ramras ultimately excluded the essay from the trial, noting it was published in 2011. A prosecutor, however, alluded to the essay’s themes without naming it after Crampton Brophy took the stand in her own defense.
Crampton Brophy has remained in custody since her arrest in September 2018, several months after her husband was shot. Her sentencing has been scheduled for June 13. | https://cw33.com/news/u-s-news/ap-us-headlines/how-to-murder-your-husband-author-found-guilty-of-murder/ | 2022-05-26T01:57:55Z |
- In the first quarter of 2022, the consolidated revenues of the Selvita Group increased by 35% y/y and amounted to EUR 20.5 million
- The Group's EBITDA and net profit (excluding the impact of the non-cash incentive program) reached EUR 6.0 million (29.1%) and EUR 3.6 million (17.7%)
- Services provided in Poland recorded revenues from external customers in the amount of EUR 9.8 million, along with a high EBITDA margin of 28.1%
- Revenues from services provided in Croatia (formerly Fidelta) amounted to EUR 7.8 million, indicating an increase of 22% y/y. The EBITDA margin remained at a high level of 31.1% (EUR 2.4 million)
- At Ardigen, the Group's bioinformatics segment, revenues from external customers, amounted to EUR 2.2 million and increased by 60% y/y. EBITDA increased from EUR 0.4 million in the previous year to EUR 0.6 million in 2022, which indicates a margin of 24.3%
KRAKOW, Poland, May 31, 2022 /PRNewswire/ -- Selvita S.A. – (WSE: SLV) – one of the largest preclinical contract research organizations in Europe, continues its development in all business segments in the first quarter of 2022.
The increase in the scale of operations along with high margins
In the first quarter of 2022, Selvita Group reported revenues in the amount of EUR 20.5 million, indicating an increase of 35% y/y. EBITDA and net profit (excluding the impact of the non-cash incentive program) amounted to EUR 6.0 million and EUR 3.6 million, respectively, which translates into an increase of 56% and 119%. Margins grew in line with the expanding scale of the business. The EBITDA margin increased from 25.2% in the previous year to 29.1% in 2022, while the net profit margin increased from 10.9% to 17.7%.
Services provided in Poland closed the first quarter of 2022 with revenues of EUR 9.8 million, an increase of 43% y/y. EBITDA in the reporting period amounted to EUR 2.9 million, achieving the annual growth dynamics of 110%. The segment also significantly improved the EBITDA margin, which increased from 19.0% in the previous year to 28.1% in 2022. A significant increase in the revenues in the area of regulatory research was noted, from EUR 1.5 million achieved in in the first quarter of 2021, to EUR 2.7 million in 2022 (+ 83% y/y).
The segment of services provided in Croatia increased the commercial revenues generated by 22% y/y, reaching EUR 7.8 million. EBITDA in the analyzed period amounted to EUR 2.4 million, showing an increase of 21% y/y. The margin on the services remained at a similar level, 31.3% in Q1 2021 vs. 31.1% in Q1 2022.
In the reporting period, Ardigen generated EUR 2.2 million in commercial revenues, compared to EUR 1.4 million last year, which translated into an improvement of 60% y / y. EBITDA increased from EUR 0.4 million to EUR 0.6 million (+44% y/y), and the EBITDA margin was 24.3%, which means a minimal decrease compared to Q1 2021 (-2 pp).
"I am very pleased with the results achieved. The high pace of growth in all our business segments, as well as the improvement in EBITDA profitability and net profit, show that dynamic development can go hand in hand with good margins. This is the result of the work of our scientists who strive to provide our clients with high quality services every day. At Selvita, we believe that people are the most important asset, and our financial results reflect this," comments Bogusław Sieczkowski, Chief Executive Officer at Selvita S.A.
The backlog of Selvita Group also grew dynamically in the reported period, and currently amounts to EUR 58.8 million, indicating an increase of 38% y/y. In the area of drug discovery, backlog reached EUR 44.6 million, increasing by 30% as compared to the same period previous year. The regulatory research segment has been growing even faster, with backlog amounting to EUR 6.2 million (+ 111% y/y). Ardigen reported EUR 6.5 million of backlog, almost EUR 2.0 million more than in 2021.
"The high value of contracted orders allows us to be optimistic about the entire year 2022," adds Sieczkowski.
New Development Strategy 2022 - 2025
"During the first quarter of this year, we worked intensively on our new strategy. Rapid development of the Group over the last years meant that our previous, four-year strategy, was implemented in a little over two years. As part of the assumptions of the new development plan, we plan to grow three times by 2025, and achieve annual revenues of EUR 200 million, while maintaining a stable, high margin. We are convinced that the implementation of these goals will allow us to become a global, preclinical CRO, offering clients an increasingly comprehensive range of services," said Sieczkowski.
In the first months of 2022, Selvita made several operational steps supporting further development of the Group. Integration of services in the area of drug discovery, integration of sales and business development, as well as creation of a department supporting the management of operational activities, investments, and infrastructure, constitute a strong foundation for the implementation of the assumptions of the new strategy for 2022-2025.
About Selvita [SLV]
Selvita is one of the largest preclinical contract research organizations in Europe, driven by a clear mission: to offer a comprehensive scope of services bridging the gap between early drug discovery and the clinical stage of drug development.
Selvita provides comprehensive solutions supporting Clients and their drug discovery projects, across a broad range of therapeutic areas, specializing in infectious diseases, inflammation, fibrosis, and oncology. The Company offers a range of stand-alone or fully integrated drug discovery and development solutions spanning the entire value chain from early drug discovery to preclinical development. On top of that Selvita also offers analytical support of drug development and contract testing studies.
Selvita, established in 2007, operates globally with over 900 highly qualified employees, of which over 40% hold a PhD degree. The Company's research sites are in Krakow (HQ), Poznan, Poland, and Zagreb, Croatia. The international offices are located in Cambridge, MA, and San Francisco Bay Area, in the U.S., as well as in Cambridge, UK. Ardigen, a bioinformatics company harnessing advanced Artificial Intelligence methods for novel precision medicine, is part of Selvita Group portfolio of companies.
Selvita is listed on the Warsaw Stock Exchange (WSE: SLV).
For more information, please see www.selvita.com.
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SOURCE Selvita | https://www.mysuncoast.com/prnewswire/2022/05/31/selvita-group-continues-its-dynamic-growth-first-quarter-2022/ | 2022-05-31T07:27:46Z |
U.S. cybersecurity risk management and threat intelligence SaaS provider partners with CFBD to mitigate risk for Peruvian enterprises
LOS ANGELES, July 29, 2022 /PRNewswire/ -- Resecurity, Inc., a U.S. cybersecurity and intelligence company, announced its partnership with CFBD to expand Resecurity's AI-driven cybersecurity solutions and services to Peru. Based in Lima, CFBD is a leading distribution company specializing in engineering development and IT infrastructure for electronic security and artificial intelligence.
As Peru's digital economy expands, cyber threats are increasingly prominent, with 32% of organizations in Peru suffering cyber-attacks from 2018-2020.[1] Compounding these threats, Peru's organizations face the challenges of limited security talent, early-stage digitalism, and access to cybersecurity solutions that help organizations mitigate risk and automate security workflows. To accelerate the implementation of AI-powered cybersecurity and threat intelligence in Peru, Resecurity has partnered with CFBD to provide managed threat detection and response to local organizations.
"The United States and Peru have a longstanding strategic partnership based on the shared values and interests of democracy, security, and mutually beneficial trade. Our partnership with CFBD is a natural expansion as Peru invests in AI-driven cybersecurity to secure private and public organizations," said Gene Yoo, CEO of Resecurity. "Resecurity is excited to collaborate with CFBD to drive cybersecurity market development in the region."
Resecurity's innovative cybersecurity solutions allow organizations to automate the identification, assessment, and triage of incoming cyber threats while staying ahead of cybercriminals using advanced tactics to attack organizations at scale. The AI-driven platform allows administrators to reduce potential blind spots and security gaps by quickly seeing in-depth analysis and specific artifacts obtained through the dark web, botnets activity, network intelligence, and high-quality threat intelligence.
"Cybersecurity is becoming increasingly critical for Peruvian enterprises, government, and individuals as our country's digital ecosystem continues to expand and evolve. Leveraging artificial intelligence and partnerships with cybersecurity leaders like Resecurity, CFBD clients can detect and mitigate cyber threats confidently," said Carlos Barrientos, CEO of CFBD.
Click here to learn more about Resecurity's cybersecurity solutions.
Resecurity is a cybersecurity company providing managed threat detection and response. The company delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, Resecurity was named as one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California by Inc. Magazine. An official member of AFCEA, NDIA, SIA, Infragard, the American Chamber of Commerce in Saudi Arabia (AmChamKSA) and the American Chamber of Commerce in Mexico (AmChamMexico). To learn more about Resecurity, visit https://resecurity.com.
CFBD SAC is a distribution company specialized in engineering development that works with select high-end products and services. It has strategic partners and successful projects carried out nationally and internationally. It provides global solutions in IT infrastructure and part of its service portfolio is oriented towards the development and solution of equipment and/or specialized software for electronic security and artificial intelligence with the best platforms and services in various fields. https://cfbd.co
[1] Accessed on 7/11/2022: https://www.trade.gov/cyber-mission-south-america
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SOURCE Resecurity | https://www.kxii.com/prnewswire/2022/07/29/resecurity-expands-ai-driven-threat-intelligence-peru-with-cfbd-sac-partnership/ | 2022-07-29T22:29:38Z |
NEW YORK, May 16, 2022 /PRNewswire/ -- ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) ("ALJ") announced results today for its second quarter ended March 31, 2022.
ALJ is the parent company of Faneuil, Inc. ("Faneuil"), a leading provider of call center services, back-office operations, and staffing services to governmental and commercial clients across the United States.
ALJ completed the sale of certain assets of Faneuil's tolling and transportation vertical and health benefit exchange vertical (the "Faneuil Asset Sale") on April 1, 2022, for cash consideration of $142.3 million less an indemnification escrow amount of approximately $15.0 million. Faneuil is also eligible to receive additional earn-out payments based upon the performance of certain customer agreements in an aggregate amount of up to $25.0 million. ALJ expects to recognize a gain on sale of assets, before related income taxes, of approximately $110.0 million to $125.0 million during the three months ended June 30, 2022.
ALJ completed the sale of all the outstanding shares of common stock of Phoenix Color Corp. (the "Phoenix Sale") on April 13, 2022 for cash consideration totaling approximately $136.4 million, subject to post-closing working capital adjustments. Phoenix's results of operations are excluded from continuing operations presented below and are presented as discontinued operations. ALJ expects to recognize a gain on sale of discontinued operations, before related income taxes, of approximately $45.0 million to $60.0 million during the three months ended June 30, 2022.
In connection with the Faneuil Asset Sale, ALJ repaid in full all outstanding indebtedness and terminated all commitments and obligations under that certain financing agreement, dated June 29, 2021, with Blue Torch Finance LLC ("Blue Torch," and such facility, the "Blue Torch Term Loan") in an amount equal to approximately $92.2 million ("Blue Torch Payoff"). The Company was not required to pay any prepayment premiums as a result of the repayment of indebtedness under the Blue Torch Term Loan, which provided that the mandatory prepayment made in connection with the proceeds from the Faneuil Asset Sale were exempt from such pre-payment premiums. In connection with the Blue Torch Payoff, the lenders automatically and permanently released all security interests, mortgages, liens and encumbrances under the Blue Torch Term Loan.
In connection with the Phoenix Sale on April 13, 2022, the Company terminated all commitments and obligations under that certain Amended and Restated Financing Agreement, dated as of June 29, 2021, with PNC Bank, National Association (as amended, the "PNC Revolver"). The Company was required to pay a pre-payment premium of $0.3 million as a result of the repayment of indebtedness under the PNC Revolver. In connection with the repayment of outstanding indebtedness by the Company, the lenders automatically and permanently released all security interests, mortgages, liens and encumbrances under the PNC Revolver.
ALJ also owned a third segment, Floors-N-More, LLC, d/b/a Carpets N' More ("Carpets"). ALJ acquired and disposed of Carpets in April 2014 and February 2021, respectively. As such, Carpets' results of operations are excluded from continuing operations and are presented below as discontinued operations.
Consolidated Results for ALJ (continuing operations only)
- All revenue is attributable to Faneuil (see below for discussion).
- ALJ recognized a loss from continuing operations of $8.5 million and loss per share from continuing operations of ($0.20) (diluted) for the three months ended March 31, 2022, compared to a net loss from continuing operations of $2.6 million and loss per share from continuing operations of ($0.06) (diluted) for the three months ended March 31, 2021, respectively. The increase in net loss is due to decreased revenue at Faneuil, acquisition/disposition-related costs, and impairment costs related to a real estate lease. ALJ recognized a loss from continuing operations of $12.0 million and loss per share from continuing operations of ($0.28) (diluted) for the three months ended December 31, 2021.
- ALJ recognized adjusted EBITDA from continuing operations of $1.4 million for the three months ended March 31, 2022, a decrease of $2.2 million, or 61.6%, compared to $3.6 million for the three months ended March 31, 2021. The decrease was driven by lower volumes at Faneuil due to completion of customer contracts. ALJ recognized adjusted EBITDA loss from continuing operations of $3.3 million for the three months ended December 31, 2021.
- ALJ recognized a loss from continuing operations of $20.5 million and loss per share from continuing operations of ($0.48) (diluted) for the six months ended March 31, 2022, compared to a net loss from continuing operations of $6.6 million and loss per share from continuing operations of ($0.16) (diluted) for the six months ended March 31, 2021, respectively. The increase in net loss is due to decreased revenue at Faneuil, acquisition/disposition-related costs, and impairment costs related to a real estate lease.
- ALJ recognized adjusted EBITDA loss from continuing operations of $1.9 million for the six months ended March 31, 2022, a decrease of $7.9 million, or 130.9%, compared to adjusted EBITDA from continuing operations of $6.0 million for the six months ended March 31, 2021. The decrease was driven by lower volumes at Faneuil due to completion of customer contracts, higher medical insurance claims under Faneuil's self-insurance medical plan, and the usage of more costly subcontract labor to supplement the call center workforce.
Jess Ravich, Chief Executive Officer of ALJ, said, "We are very pleased to have completed the sale of Faneuil's Transportation & Tolling and Health Benefit Exchange verticals on April 1st and the sale of Phoenix on April 13th. As a result of these transactions, ALJ has repaid all of its term loan indebtedness, ended its working capital revolver and expects to have approximately $125 million of cash, after taking into account cash taxes and transaction related expenses. Existing federal net operating loss carryforwards will be fully utilized. We are focusing on next steps for ALJ, which includes managing the remaining verticals of Faneuil, deploying cash balances, and possible strategic alternatives."
Anna Van Buren, CEO of Faneuil stated, "Revenue and EBITDA were down compared to the three months ended March 31, 2021 due to the decline in short term unemployment contracts. The company successfully completed the implementation of a new contract in the healthcare vertical that went live in March."
Faneuil recognized net revenue of $68.5 million for the three months ended March 31, 2022 compared to $84.4 million for the three months ended March 31, 2021. Net revenue decreased $15.9 million, or 18.8%, mainly attributable to a $19.5 million reduction driven by the completion of customer contracts, somewhat offset by a $2.9 million net increase in existing customer call volumes. Faneuil recognized net revenue of $74.8 million for the three months ended December 31, 2021.
Faneuil segment adjusted EBITDA was $2.8 million for the three months ended March 31, 2022 compared to segmented adjusted EBITDA of $5.0 million for the three months ended March 31, 2021. Segment adjusted EBITDA decreased $2.2 million, or 44.9%, driven by the completion of certain contracts. Faneuil recognized segment adjusted EBITDA loss of $1.8 million from the three months ended December 31, 2021.
Faneuil recognized net revenue of $143.3 million for the six months ended March 31, 2022 compared to $170.4 million for the six months ended March 31, 2021. Net revenue decreased $27.1 million, or 15.9%, mainly attributable to a $38.8 million reduction driven by the completion of customer contracts, somewhat offset by a $11.0 million net increase in existing customer call volumes.
Faneuil segment adjusted EBITDA was $0.9 million for the six months ended March 31, 2022 compared to segmented adjusted EBITDA of $8.6 million for the six months ended March 31, 2021. Segment adjusted EBITDA decreased $7.7 million, or 89.1%, driven by the wind-down of certain contracts, higher medical insurance claims under Faneuil's self-insurance medical plan, and the usage of more costly subcontract labor to supplement the call center workforce.
Faneuil estimates its net revenue for the three months ending June 30, 2022 to be in the range of $21.0 million to $24.0 million, compared to $35.2 million, on a pro forma basis, for the three months ended June 30, 2021.
Faneuil contract backlog expected to be realized within the next twelve months as of March 31, 2022 was $60.6 million, compared to $119.4 million as of March 31, 2021 and $70.0 million as of December 31, 2021, on a pro forma basis. Faneuil's total contract backlog as of March 31, 2022 was $105.4 million as compared to $220.2 million as of March 31, 2021 and $108.2 million as of December 31, 2021, on a pro forma basis. The decrease in total Faneuil backlog from March 31, 2022 compared to March 31, 2021 was primarily the result of negotiating an early termination of a large unprofitable contract and revenue recognition of contract backlog on March 31, 2021.
As a result of the Phoenix Sale, Phoenix results of operations were classified as discontinued operations for the three and six months ended March 31, 2022 and 2021. ALJ expects to report a gain on the sale of Phoenix during the three months ended June 30, 2022.
Non-GAAP Financial Measures
In our earnings releases, prepared remarks, conference calls, presentations, and webcasts, we may present certain adjusted financial measures that are not calculated according to generally accepted accounting principles in the United States ("GAAP"). These non-GAAP financial measures are designed to complement the GAAP financial information presented in this release because management believes they present information regarding ALJ that is useful to investors. The non-GAAP financial measures presented should not be considered in isolation from, or as a substitute for, the comparable GAAP financial measure.
We present adjusted EBITDA because we believe it is frequently used by analysts, investors, and other interested parties in the evaluation of our company. ALJ defines segment adjusted EBITDA as segment net income (loss) before depreciation and amortization expense, interest expense, litigation loss, recovery of litigation loss, restructuring and cost reduction initiatives, loan amendment expenses, fair value of warrants issued in connection with loan amendments, stock-based compensation, acquisition/disposition-related expenses, gain on disposal of assets, net, income taxes, loss on debt extinguishment, asset impairments, and other non-recurring items. Adjusted EBITDA measures are not calculated in the same manner by all companies and, accordingly, may not be an appropriate measure for comparison. Below are reconciliations of our net loss, the most directly comparable GAAP measure, to consolidated adjusted EBITDA:
Historically, ALJ's principal sources of liquidity have been cash provided by operations and borrowings under various debt arrangements. During April 2022, the following transactions had, and will continue to have, a significant impact on our liquidity and capital resources: i) Faneuil Asset Sale, ii) Phoenix Sale, iii) Blue Torch Term Loan payoff, and iv) termination of the PNC Revolver.
As of March 31, 2022, and September 30, 2021, consolidated debt and consolidated net debt were comprised of the following (exclusive of deferred financing costs):
ALJ Regional Holdings, Inc. is the parent company of Faneuil, Inc., a leading provider of call center services, back office operations, and staffing services, to commercial and governmental clients across the United States.
ALJ's second quarter ended March 31, 2022 earnings release and related communications contain forward-looking statements within the meaning of federal securities laws. Such statements include information regarding our expectations, impact of COVID-19, goals or intentions regarding the future, including but not limited to statements about our financial projections and business growth, management of Faneuil's remaining verticals, our plans for deploying our cash balances, the exploration of strategic alternatives, and other statements including the words "will" and "expect" and similar expressions. You should not place undue reliance on these statements, as they involve certain risks and uncertainties, and actual results or performance may differ materially from those discussed in any such statement. Factors that could cause actual results to differ materially are discussed in our annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission and available through EDGAR on the SEC's website at www.sec.gov. All forward-looking statements in this release are made as of the date hereof and we assume no obligation to update any forward-looking statement.
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SOURCE ALJ Regional Holdings, Inc | https://www.wibw.com/prnewswire/2022/05/16/alj-regional-holdings-inc-announces-earnings-second-quarter-ended-march-31-2022/ | 2022-05-16T20:47:07Z |
MILWAUKEE, Aug. 2, 2022 /PRNewswire/ -- Health Payment Systems, Inc. (HPS) today announced the appointment of Tom Torre, a 30-year veteran in the fintech space, to its Board of Directors. Torre joins the HPS board as the company advances its national expansion plans for PayMedix, the healthcare payments solutions division dedicated to solving the problem of high out-of-pocket costs for all by guaranteeing upfront payments to all in-network providers and flexible repayment plans for all patients regardless of their credit history.
Torre's experience as a senior executive driving growth and performance excellence spans a range of technology organizations, from start-ups to the Fortune 500. His career has centered around fintech, with a focus on payments, and more recently the health tech industry. During the last 20 years, Torre has applied his expertise in these areas to consumer and corporate healthcare payments, bringing innovative solutions to the market.
"PayMedix is bringing real innovation with its fintech solution to the healthcare payments industry, which is in great need of change," said Torre. "They've proven what they can do in the upper Midwest and are poised for strong growth. I'm excited to offer my support as PayMedix sets course to take this highly successful and scalable solution nationwide."
Most recently, Torre was co-founder and Chief Executive Officer of Bend Financial, a provider of next-generation health savings account (has) solutions. Bend was sold to Webster Bank in February of 2022.
Prior to starting Bend, Torre worked with Boston-based venture firm .406 Ventures and is a serial entrepreneur, having raised over $25 million in venture equity and debt and leading exits of more than $500 million.
Torre led the spinoff of FIS Global's Healthcare Payments Business, a $335 million-dollar transaction, to create the stand-alone company Alegeus Technologies in 2011. He founded and then served as Alegeus Technologies' Chief Executive Officer, a company that provides enterprise-level benefit and payment solutions to the financial services, healthcare, and benefits industries. Before Alegeus, Torre had an extensive career with executive positions at FIS Global, Metavante Corporation, MBI Benefits, Wright Express, Fleetcor, and others.
"As a successful entrepreneur, executive, and business leader, Tom brings exactly the kind of expertise we need as we accelerate our expansion plans for PayMedix," said Tom Policelli, HPS/PayMedix CEO. "I'm excited to welcome Tom to the board and look forward to tapping his extensive industry knowledge."
PayMedix, which began as the financing arm of Wisconsin-based HPS over a decade ago, is the only company solving the problem of high out-of-pocket costs for everyone: providers, patients, employers and TPAs. By guaranteeing payments to providers and credit for all patients, PayMedix is changing the way people access, use, and pay for healthcare. PayMedix has processed more than $5 billion in medical payments for hospital systems and physician practices and can be implemented in conjunction with any PPO or HMO network.
Health Payment Systems (HPS) is a privately held healthcare technology and services organization with solutions that reduce the cost and complexity of the healthcare payments process to benefit providers, employers, patients and TPAs. Headquartered in Milwaukee, Wisconsin, HPS has an independent network of 96 hospital facilities and 22,600 individual providers.
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SOURCE Health Payment Systems, Inc.; PayMedix | https://www.kxii.com/prnewswire/2022/08/02/hpspaymedix-appoints-tom-torre-newest-board-member/ | 2022-08-02T16:25:01Z |
Another Quarter of Strong Results
Second quarter revenues of $429.3 million, up 40.6% year-over-year
IFRS Diluted EPS of $0.87 for the second quarter
Non-IFRS Diluted EPS of $1.22 for the second quarter
LUXEMBOURG, Aug. 18, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three and six months ended June 30, 2022.
Please see highlights below, including certain Non-IFRS measures. Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.
Second Quarter 2022 Financial Highlights
- Revenues rose to $429.3 million, representing 40.6% year-over-year growth.
- IFRS Gross Profit Margin was 37.6% compared to 38.0% in the second quarter of 2021.
- Non-IFRS Adjusted Gross Profit Margin was 39.1% compared to 39.3% in the second quarter of 2021.
- IFRS Profit from Operations Margin was 11.4% compared to 10.1% in the second quarter of 2021.
- Non-IFRS Adjusted Profit from Operations Margin was 16.1% compared to 16.2% in the second quarter of 2021.
- IFRS Diluted EPS was $0.87 compared to $0.48 in the second quarter of 2021.
- Non-IFRS Adjusted Diluted EPS was $1.22 compared to $0.88 in the second quarter of 2021.
Six months ended June 30, 2022 Financial Highlights
- Revenues rose to $830.6 million, representing 44.4% year-over-year growth.
- IFRS Gross Profit Margin was 37.8% compared to 38.1% in the first six months of 2021.
- Non-IFRS Adjusted Gross Profit Margin was 39.3% compared to 39.4% in the first six months of 2021.
- IFRS Profit from Operations Margin was 12.0% compared to 10.6% in the first six months of 2021.
- Non-IFRS Adjusted Profit from Operations Margin was 16.5% compared to 16.4% in the first six months of 2021.
- IFRS Diluted EPS was $1.72 compared to $1.01 in the first six months of 2021.
- Non-IFRS Adjusted Diluted EPS was $2.41 compared to $1.71 in the first six months of 2021.
Other Metrics as of and for the quarter ended June 30, 2022
- Cash and cash equivalents and Short-term investments were $361.7 million as of June 30, 2022, a decrease of $98.7 million from $460.4 million as of December 31, 2021, driven by seasonal impacts of tax and bonus payments, and M&A earnout payments. As of June 30, 2022, our credit facility was fully undrawn.
- Globant completed the second quarter of 2022 with 25,924 Globers, 24,410 of whom were technology, design and innovation professionals.
- The geographic revenue breakdown for the second quarter of 2022 was as follows: 64.5% from North America (top country: US), 23.8% from Latin America (top country: Argentina), 9.7% from EMEA (top country: Spain) and 2.0% from Asia and Oceania (top country: India).
- In terms of currencies, 79.0% of Globant's revenues for the second quarter of 2022 were denominated in US dollars.
- During the twelve months ended June 30, 2022, Globant served a total of 1,043 customers (with revenues over $10,000 in the last twelve months) and continued to increase its wallet share, with 233 accounts generating more than $1 million of annual revenues, compared to 154 for the same period one year ago.
- Globant's top customer, top five customers and top ten customers for the second quarter of 2022 represented 10.5%, 25.7% and 36.7% of revenues, respectively.
"In the eight years since our IPO, Globant has consistently delivered industry leading growth with an approximate 31% revenue CAGR. We will keep to our growth mindset as Globant expands in its geographies, reinvention offering and array of platforms. We continue to experience increasing demand for our services. Business leaders are seeking new and improved ways to reach broader audiences and gain efficiencies. To address this demand, we have recently launched our new Retail and Automotive Studios, which will expand the scope of our offerings, and our new Fast Code Studio, addressing a profound transformation in software development," said Martín Migoya, Globant's CEO and co-founder.
"We are happy to share with you our solid financial results for the second quarter of 2022. We delivered another quarter of industry-leading revenue growth, coupled with high levels of profitability and cash generation. Second quarter revenues reached $429.3 million, an increase of 40.6% compared to the second quarter of 2021. On a constant currency basis, second quarter revenue growth was 42.1% year over year; 1.5 percentage points above our headline figure. In organic terms, we posted a 36.6% year-over-year top-line growth. This elevated level of top-line growth continues to reflect the robust demand for our services. Clients continue to choose Globant for our technical capabilities, the speed in which we deliver value to our customers, and the scale of the digital engagements we are able to provide. With this in mind, we continue to be confident in our ability to drive strong growth and robust levels of profitability, as well as maintain a solid balance sheet position," explained Juan Urthiague, Globant's CFO.
2022 Third Quarter and Full Year Outlook
Based on current market conditions, Globant is providing the following estimates for the third quarter and the full year of 2022:
- Third quarter 2022 Revenues are estimated to be at least $456 million, or 33.4% year-over-year growth. This expected growth includes a negative FX impact of 2.0 percentage points.
- Third quarter 2022 Non-IFRS Adjusted Profit from Operations Margin is estimated to be in the range of 16%-17%.
- Third quarter 2022 Non-IFRS Adjusted Diluted EPS is estimated to be at least $1.24 (assuming an average of 42.9 million diluted shares outstanding during the third quarter).
- Fiscal year 2022 Revenues are estimated to be at least $1,775 million, or 36.8% year-over-year growth. This expected revenue growth includes a negative FX impact of 3.0 percentage points.
- Fiscal year 2022 Non-IFRS Adjusted Profit from Operations Margin is estimated to be in the range of 16%-17%.
- Fiscal year 2022 Non-IFRS Adjusted Diluted EPS is estimated to be at least $5.03 (assuming an average of 42.9 million diluted shares outstanding during 2022).
Conference Call and Webcast
Martín Migoya and Juan Urthiague will discuss the second quarter 2022 results in a video conference call today beginning at 4:30pm ET.
Video conference call access information is:
https://more.globant.com/F2Q22EarningsCall
Webcast http://investors.globant.com/
About Globant (NYSE:GLOB)
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale.
We have more than 25,900 employees and we are present in 20 countries working for companies like Google, Rockwell Automation, Electronic Arts and Santander, among others.
We were named a Worldwide Leader in CX Improvement by IDC MarketScape report. We were also featured as a business case study at Harvard, MIT and Stanford. We are a member of the Cybersecurity Tech Accord.
For more information, please visit www.globant.com
Non-IFRS Financial Measures
While the financial figures included in this press release have been computed in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB") applicable to interim periods, this announcement does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, "Interim Financial Reporting" nor a financial statement as defined by International Accounting Standards 1 "Presentation of Financial Statements". The financial information in this press release has not been audited.
Globant provides non-IFRS financial measures in addition to reported IFRS results prepared in accordance with IFRS. Management believes these measures help illustrate underlying trends in the company's business and uses the non-IFRS financial measures to establish budgets and operational goals, communicated internally and externally, for managing the company's business and evaluating its performance. The company anticipates that it will continue to report both IFRS and certain non-IFRS financial measures in its financial results, including non-IFRS measures that exclude share-based compensation expense, depreciation and amortization, impairment of non-financial assets, acquisition-related charges, COVID-19 related charges and the related effect on income taxes of the pre-tax adjustments. Because the company's non-IFRS financial measures are not calculated according to IFRS, these measures are not comparable to IFRS and may not necessarily be comparable to similarly described non-IFRS measures reported by other companies within the company's industry. Consequently, Globant's non-IFRS financial measures should not be evaluated in isolation or supplant comparable IFRS measures, but, rather, should be considered together with its condensed interim consolidated statements of financial position as of June 30, 2022 and December 31, 2021 and its condensed interim consolidated statement of comprehensive income for the three and six months ended June 30, 2022 and 2021, prepared in accordance with International Accounting Standard (IAS) 34, Interim Financial Reporting.
Globant is not providing a quantitative reconciliation of forward-looking Non-IFRS Adjusted Profit from Operations Margin or Non-IFRS Adjusted Diluted EPS to the most directly comparable IFRS measure because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items without unreasonable effort. These items include, but are not limited to, share-based compensation expense, impairment of assets, acquisition-related charges, and the tax effect of non-IFRS adjustments. These items are uncertain, depend on various factors, and could have a material impact on IFRS reported results for the guidance period.
Forward Looking Statements
In addition to historical information, this release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding our future financial and operating performance, including our outlook and guidance, and our strategies, priorities and business plans. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could impact our actual results include: the impact and duration of the COVID-19 pandemic; our ability to maintain current resource utilization rates and productivity levels; our ability to manage attrition and attract and retain highly-skilled IT professionals; our ability to accurately price our client contracts; our ability to achieve our anticipated growth; our ability to effectively manage our rapid growth; our ability to retain our senior management team and other key employees; our ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; our ability to retain our business relationships and client contracts; our ability to manage the impact of global adverse economic conditions; our ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading "Risk Factors" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors we include in subsequent reports on Form 6-K.
Because of these uncertainties, you should not make any investment decisions based on our estimates and forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.
Globant S.A.
Condensed Interim Consolidated Statement of Comprehensive Income
(In thousands of U.S. dollars, except per share amounts, unaudited)
Globant S.A.
Condensed Interim Consolidated Statements of Financial Position as of June 30, 2022 and December 31, 2021
(In thousands of U.S. dollars, unaudited)
Globant S.A.
Selected Cash Flow Data
(In thousands of U.S. dollars, unaudited)
Globant S.A.
Supplemental Non-IFRS Financial Information
(In thousands of U.S. dollars, unaudited)
(a) Acquisition-related charges include, when applicable, amortization of purchased intangible assets included in depreciation and amortization expense line on our condensed interim consolidated statements of comprehensive income, external deal costs, acquisition-related retention bonuses, integration costs, changes in the fair value of contingent consideration liabilities, charges for impairment of acquired intangible assets and other acquisition-related costs. We cannot provide acquisition-related charges on a forward-looking basis without unreasonable effort as such charges may fluctuate based on the timing, size, and complexity of future acquisitions as well as other uncertainty inherent in mergers and acquisitions.
(b) COVID-19 related charges include, when applicable, bad debt provision related to the effect of COVID-19 on our customers businesses, donations and other expenses directly attributable to the pandemic that are both incremental to charges incurred prior to the outbreak and not expected to recur once the crisis has subsided and operations return to normal and clearly separable from normal operations. Moreover, these charges also include rent concessions that we were granted due to the pandemic environment.
Globant S.A.
Schedule of Supplemental Information (unaudited)
(*) Represents customers with more than $10,000 in revenues in the last twelve months.
Investor Relations Contact:
Arturo Langa, Globant
investors@globant.com
+1 (877) 215-5230
Media Contact:
Wanda Weigert, Globant
pr@globant.com
+1 (877) 215-5230
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SOURCE Globant | https://www.mysuncoast.com/prnewswire/2022/08/18/globant-reports-2022-second-quarter-financial-results/ | 2022-08-18T21:46:20Z |
ATHENS, Greece (AP) — Greece is extending a bilateral military agreement with the United States for five years, with officials from the country’s center-right government arguing that enhanced alliances within NATO will help stabilize the region rattled by Russia’s war in Ukraine and tension in the eastern Mediterranean.
The agreement, to be ratified by parliament Thursday, will grant the U.S. military continued access to three bases in mainland Greece together with its long-standing naval presence on the island of Crete.
It replaces an annual review of the deal with a five-year rollover period.
U.S. Ambassador George J. Tsunis met Thursday with Greek Prime Minister Kyriakos Mitsotakis, who is traveling to Washington for a meeting with President Joe Biden at the White House on Monday.
“We discussed how the US and Greece can work together to strengthen our remarkable … alliance promoting security and prosperity, building on our fantastic momentum,” Tsunis tweeted.
Last year, Greece also finalized a bilateral defense deal with France in the wake of a tense naval standoff with fellow-NATO member Turkey in 2020. The two countries are locked in a decades-old dispute on sea boundaries and mineral rights in the eastern Mediterranean.
Speaking in parliament, Greek Foreign Minister Nikos Dendias said the alliances were key to the country’s defense strategy.
“We don’t have the luxury to be careless. We don’t have it. I wish we were Luxembourg, on national security issues. But we are not,” Dendias told lawmakers.
The main opposition party, the leftist Syriza, opposed the agreement, arguing that it didn’t provide Athens with sufficient security guarantees.
Earlier Thursday, protesters from the Greek Communist Party unfurled banners at the ancient Acropolis against the military deal. The banners, in Greek and English, read “No to war. No to the bases of death.” | https://cw33.com/business/ap-business/greece-to-extend-base-access-deal-with-us-military/ | 2022-05-12T11:40:02Z |
As the state’s housing market rages, Texas homeowners will get a slight break on their property tax bills after Texas voters overwhelmingly passed a pair of statewide ballot measures Saturday.
Voters approved two propositions intended to lower property taxes for homeowners by decisive margins — one aimed at older and disabled Texans and another that would provide modest relief for homeowners across the board.
“Victory for ALL property owners in Texas!” Gov. Greg Abbott tweeted Saturday evening.
Texas’ high property taxes have once again taken center stage amid the state’s real estate market explosion. Home values in the state’s major metropolitan areas have surged by double digits, prompting homeowners to fret that they will see a similar rise in their property tax bills — though those don’t necessarily go hand in hand.
Proposition 1, a measure to essentially cut school district property taxes for homeowners who are 65 and older or disabled, passed by a wide margin, according to Decision Desk.
The vast majority of voters also approved Proposition 2, to raise the state’s homestead exemption — the dollar amount of a home’s value that’s exempt from taxation by school districts — from $25,000 to $40,000. The owner of an average Texas home, worth about $300,000, will save around $175 on their annual property tax bill, Republican state Sen. Paul Bettencourt of Houston, who authored the proposals, has said.
“It’s great to see the voters of Texas vote overwhelmingly for property tax relief,” Bettencourt said Saturday. “They’re recognizing the obvious, that Texas homesteads need it.”
The projected savings under Proposition 2 are merely a sliver of any given homeowner’s property tax bill.
“It’s not that meaningful,” said Chandra Kring Villanueva, a program director at the left-leaning nonprofit organization Every Texan who focuses on school finance. “What it’s really doing is slowing the growth of the school tax bill rather than seeing an actual savings for the majority of homeowners.”
State lawmakers are trying to find other ways to lower property taxes or at least slow down their growth — a pet issue for Texas Republicans. Lt. Gov. Dan Patrick has asked a state Senate committee chaired by Bettencourt to look into property tax reform measures or cuts ahead of the Texas Legislature’s next session in January.
“I expect there’s going to be more done, obviously, than this,” Bettencourt said. “But the good news is no matter what, that’s $175 in people’s pockets in perpetuity.”
Texas homeowners’ property tax bills are among the highest in the nation — the result of the state’s reliance on property taxes to finance local governments, particularly public schools, as well as the lack of a state income tax. In general, the amount of property taxes a homeowner owes in a given year depends on the tax rates set by cities, counties and school districts where they live and the value of their home.
There are measures in place to try to slow property tax growth. Under state law, the taxable value of an owner’s primary residence can’t rise more than 10% in a given year if they have a homestead exemption.
Three years ago, state lawmakers capped school districts’ tax rates and required cities and counties to seek voter approval if they want to raise their total property tax revenue by 3.5% or more than the previous year. Those laws have slowed the growth of property taxes, according to a recent report by the Texas Taxpayers and Research Association — though not entirely.
The issue has risen to the fore in the governor’s race — with Abbott and Democratic opponent Beto O’Rourke putting up dueling proposals.
Abbott has floated a “taxpayer bill of rights” that includes ideas to further cut school property tax rates, make property appraisals more transparent and limit local governments’ ability to take on new debt without first asking voters.
O’Rourke, meanwhile, has said the state should pick up 50% of public school spending and suggested legalizing marijuana, casino gambling and sports betting as ways to bring in more tax revenue.
Meanwhile, state lawmakers are eyeing a $12 billion surplus in state revenue to pay for some public school costs so districts may lower their property tax rates. Texas is also suing the federal government for the right to use $3 billion in federal stimulus funds to pay for tax cuts.
Disclosure: Every Texan and the Texas Taxpayers and Research Association have been financial supporters of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Financial supporters play no role in the Tribune’s journalism.
This story was first published at www.texastribune.org by The Texas Tribune, a nonpartisan, nonprofit media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues | https://www.tdtnews.com/news/business/article_9492e2fa-cfe7-11ec-87ef-17d74f9e07af.html | 2022-05-10T02:50:14Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ZIM, XOM, COIN, MO, and EOG.
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/06/10/thinking-about-trading-options-or-stock-zim-integrated-shipping-exxon-mobil-coinbase-global-altria-group-or-eog-resources/ | 2022-06-10T16:04:17Z |
- Exro CEO Sue Ozdemir hosts a live webcast to provide shareholders a view inside its manufacturing facility and a review of the first half of 2022.
- Exro shared a virtual tour of its state-of-the-art sustainable manufacturing facility in Calgary, Alberta, demonstrating progress towards establishing a resilient, localized supply chain in North America.
- Additional highlights from the webcast include business updates, as well as a recap of accomplishments in the first half of this year.
CALGARY, AB, July 14, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today mid-year company updates in a live webcast and the presentation file will be available on the Company website here.
Shareholders unable to attend the webcast can find an overview below of the information covered during the webcast, including updates on Exro's facilities and capabilities, energy storage system technology and other key projects.
Exro's technology is ideally positioned to evolve and engage alongside the electrification of transportation regardless of propulsion technology market direction. The company laid out a systematic go-to-market strategy by building momentum with key players in the e-mobility and energy storage markets, expanding partnerships, building on its successful track record of innovation and increase its penetration of the OEM market with its engineering and consulting offerings.
Exro shared information about its award-winning Coil Driver™ technology and its native ability to function as an AC fast charger, eliminating the need for an on-board charger or external DC fast charger. The technology can deliver up to level four fast-charging and vehicle-to-anything (V2X) capabilities. These product features offer benefits to original equipment manufacturers ("OEMs"), electric vehicle fleet operators and charging operators by simplifying electric powertrains and reducing total cost of ownership.
Exro shared additional information about its Energy Storage System ("ESS"), which is powered by its patented Battery Control System™ ("BCS"). The BCS technology expands the capabilities of batteries in their first and second life by enabling a greater depth of control on the cells. The technology optimizes battery packs for health and performance at the cellular level, extending battery life and permitting stationary energy storage systems to operate more safely, with less down time.
The Company's patent portfolio continues to grow and now includes 40 patents that have been published or are pending. This includes 25 issued and 15 patent applications, with wholly owned intellectual property in 13 patent families. Exro's global patent portfolio includes coverage in strategic countries, including the U.S., Canada, Great Britain, France, Hong Kong, Japan and many others.
Exro's partnership with Traktionssysteme Austria (TSA) is progressing well, as the two companies are collaborating on a motor for high voltage applications. The two companies are partnering to test and develop electric drive solutions using a TSA motor and an Exro Coil Driver™. Recent testing continues to support Exro's best-in-class performance and continue to exceed expectations, achieving high torque output without limitations to speed range. An engineering team from Exro will travel to Austria next week for the next phase of testing on the high voltage Coil Drive System.
Facilities Update:
During today's live webcast, Exro CEO Sue Ozdemir shared a virtual tour of the Company's state-of-the-art sustainable manufacturing facility in Calgary. To meet automaker's staunch Environmental, Social and Governance ("ESG") supply chain expectations and Exro's net-zero carbon emissions objectives, the 37,000 square foot facility will run on clean energy solutions. The manufacturing facility will have the capability to produce up to 100,000 units annually. The facility features a solar panel array on the roof and a Class 10,000 clean room with a surface mount technology (SMT) production line. The manufacturing facility will aim to be ISO 9001, ISO 45001, ISO 14001, and IATF 16949 compliant for the start of production.
Additionally, the world class, net-zero designed facility features technical cleanliness, track and trace, water conservation and zero waste product capabilities. It was built in compliance with the most stringent global quality standards, making it unique in North America for automotive applications.
To meet automaker demand for resilient, localized supply chains, Exro is focused on completing its new facilities in Calgary and Mesa, Arizona. Anticipating supply chain delays, Exro proactively ordered dynamometers ("dyno") of various sizes for its North American facilities. Exro has taken delivery of its mid-size dyno in Mesa, Arizona. The dyno has been commissioned and is now ready for use at the Company's U.S. innovation center. A large dyno was ordered in 2021 and is expected to arrive at Exro facilities by the end of the third quarter.
Exro remains on track to commission its SMT manufacturing line before year-end. The equipment is on site and installed at the Company's manufacturing facility, and engineers are currently working through start up procedures for the equipment.
SEA Electric:
Despite recent TSA testing which would support on-time delivery of the high voltage Coil Driver for the SEA Electric project in the second quarter of this year, this timeline has been impacted by supply chain challenges. While Exro and SEA Electric continue to collaborate, delivery of the Company's Coil Driver™ is now currently scheduled for the third quarter of 2022. This delay does not impact the targeted first production dates in the second half of 2023. The teams are working concurrently to prepare for installation and integration upon delivery.
Linamar:
Exro is co-developing a next generation e-axle with Linamar for the electric powertrain market for medium-duty commercial vehicles by designing and supplying gearbox and intelligent inverter solutions for high-speed low torque and low-speed high torque applications. This continued partnership with a Tier 1 automotive supplier maintains Exro's position in the highly competitive automotive supply chain. Prototype testing and validation for a compact and cost-effective e-Axle with Coil Driver™ remain on track to be completed this quarter.
Vicinity Motor Company:
In May, Exro announced a purchase order from Canadian-based bus manufacturer Vicinity Motor Company. The multiyear sales and service agreement (the "agreement"), includes the purchase of high-voltage Coil Drive System units from Exro, along with a production slot, system pricing and commissioning services.
Exro Vehicle Systems will provide system engineering consulting services to integrate the electric powertrain for Vicinity's fleet of next-generation electric buses. News of this deal followed a previously announced supply agreement under which the companies have completed nearly 12 months of development and testing to conduct operational validation for the Vicinity Lightning™ electric bus.
evTS:
Also in May, Exro announced that it had signed an agreement with ev Transportation Services, Inc. ("evTS"), a Boston-based specialty electric vehicle manufacturer, to supply an initial quantity of 1,000 units of its 100V Coil Drive System beginning in 2023 for use in evTS model year 2023 FireFly vehicles.
This order followed months of collaboration under a non-disclosure agreement ("NDA") between the Exro and evTS engineering teams and demonstrated the improvement and optimization of FireFly powertrain performance enabled by Exro's award-winning Coil Driver™ technology. This agreement is the culmination of the cooperative efforts of the two companies to design and deploy high-performing purpose-built, commercial electric vehicles.
"It was great to have the opportunity to engage directly with our incredible shareholders and followers today, provide updates on our progress and give them an opportunity to see our state-of-the-art manufacturing facility in Calgary," said Sue Ozdemir, CEO of Exro. "We have accomplished a great deal over the first half of this year and are gaining momentum every day on our path to take our product to market, build our backlog, expand our talent pool and increase our resilience amid continued supply chain challenges. At Exro, we are committed to bringing our next generation platform of innovative control technology to market, and while we strive to assign and deliver on timelines, there is not always a direct path with new technology. Our commitment to delivering for our partners and customers remains unwavering."
About Exro Technologies Inc.
Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators, and batteries. Exro enables the application to achieve more with less energy consumed.
Exro's advanced motor control technology, the Coil DriverTM, expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond.
For more information visit our website at www.exro.com.
To view our Corporate Presentation visit us at www.exro.com/investors
Visit us on social media @exrotech.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company's annual information form for the financial year ended December 31, 2021, and financial statements and related MD&A for the financial year ended December 31, 2021, filed with the securities regulatory authorities in certain provinces of Canada and available at sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.
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SOURCE Exro Technologies Inc. | https://www.kxii.com/prnewswire/2022/07/14/exro-announces-partner-milestones-technology-company-updates-via-live-webcast/ | 2022-07-14T17:57:19Z |
Halloween lovers will howl for these looks, 31% discount thru Oct. 31
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Hotel Doggy, the creator of stylish clothing, pet furniture, toys and accessories for dogs, is wishing pet lovers a "happy Howl-oween" with its 2022 Halloween collection: "Lick or Treat." It's all treats and no tricks with this adorable line of dog onesies, sweaters and themed toys.
The collection includes items like:
Halloween Ghost Onesie: $24.99 https://hoteldoggy.com/products/halloween-ghost-onesie
Everyone needs a man's best friend-ly ghost. Available for pups XS - XL, this onesie is 95% cotton and 5% spandex for comfort with the right amount of stretch for playtime.
Halloween Boo Sweater: $24.99 https://hoteldoggy.com/products/halloween-boo-sweater
Do fright night right with this 100% acrylic spooktacular sweater. A leash hole makes this outfit easy to wear on a walk – the perfect way to stay cozy while trick or treating!
2in1 Coffin and Vampire Toy: $14.99 https://hoteldoggy.com/products/2in1-coffin-and-vampire-toy
Furry friends can take a bite out of Halloween with this campy squeaker.
3in1 Haunted House Toy: $19.99 https://hoteldoggy.com/collections/toys/products/3in1-haunted-house-toy
Dog trick or dog treat? This toy is both! Featuring separate squeaker toys, this ghastly combo provides hours of fun.
Based out of New York, Montreal and Toronto, Hotel Doggy is an internationally renowned brand that offers simple, stylish and functional products for dogs. The company was created in 2012 by Canadian fashion and trend forecasting guru, Nancy Dennis, who was looking to combine her fashion expertise with her passion for four-legged friends.
To shop Hotel Doggy's full Halloween collection and other offerings from the brand, visit hoteldoggy.com. Now through October 31, 2022, save 31% off 'Lick or Treat' items through the company's website.
For media assets, contact Patrick Seidl at Pseidl@tbc.us.
About Hotel Doggy:
Based out of New York, Montreal and Toronto, Hotel Doggy is an internationally renowned brand that offers simple, stylish and functional clothing, pet furniture, toys and accessories for dogs. The company was created in 2012 by Canadian fashion and trend forecasting guru, Nancy Dennis, who was looking to combine her fashion expertise with her passion for four-legged friends. Today, through a select group of global production partners, each Hotel Doggy product is designed just right. To learn more, visit: https://hoteldoggy.com/
Media Contact:
Patrick Seidl
pseidl@tbc.us
443.764.6406
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SOURCE Hotel Doggy | https://www.mysuncoast.com/prnewswire/2022/09/08/all-treats-amp-no-tricks-hotel-doggys-halloween-collection/ | 2022-09-08T16:46:55Z |
WOODLAND HILLS, Calif. , June 10, 2022 /PRNewswire/ -- As part of Neoss' milestone celebration delegates at the Neoss Integrate 2022 congress in Gothenburg, Sweden were given the first access to the NeoScan 1000 intraoral scanner which is set for full commercial launch in September 2022.
"I am excited to introduce the NeoScan 1000 into our range of intuitive dental solutions. The performance of the scanner is beyond my expectations with clear competitive advantages. The scanner will allow Neoss' to significantly expand its proprietary digital dental offering."
Dr. Robert Gottlander, CEO and President of Neoss Group.
Designed for scanning accuracy and speed, the compact, lightweight scanner provides the possibility for a flexible workflow with open and compatible output at a competitive price.
"The NeoScan 1000 is a superfast, lightweight, and easy-to-use scanner. I had the pleasure of being part of early testing and have used the scanner for several digital impression indications at my clinic with excellent results. Digital dentistry is in need of more cost-efficient solutions so that clinicians can use it to its full potential. The NeoScan 1000 has the potential to do just this."
Dr. Marcus Dagnelid, DDS, board-certified prosthodontist
With an easy USB cable connection and full-touch screen support, the NeoScan 1000 is sure to please and excite dental professionals alike! For more information visit neoss.com/neoscan1000
Neoss offers intelligent solutions that are intuitively easy to use. Our products allow dental professionals to provide reliable and cost-effective treatments to their patients with predictable long-term results. Leading the market with ingenuity and integrity, we strive to set new standards. In developing smart treatment solutions and working closely with each practice, Neoss makes the complex less complicated. We call that Intelligent Simplicity. Headquartered in Harrogate, UK, with research and development based in Gothenburg, Sweden, the company has established a global footprint with a long-standing presence in key markets. To find out more visit https://www.neoss.com
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SOURCE Neoss | https://www.kxii.com/prnewswire/2022/06/10/neoss-group-releases-neoscan-1000-mark-20-years-intelligent-simplicity/ | 2022-06-10T14:23:53Z |
ST. LOUIS, July 1, 2022 /PRNewswire/ -- Energizer Holdings Inc. (NYSE: ENR) will report its Third Quarter Fiscal 2022 results before the market opens on August 8. Energizer also will discuss its results during an investor conference call that will be webcast beginning at 10 a.m. ET. The call will be hosted by Mark LaVigne, Chief Executive Officer, and John Drabik, Chief Financial Officer.
All interested parties may access a live webcast of this conference call at www.energizerholdings.com, under the Investors and Events & Presentations tabs or by using the following link:
For those unable to participate during the live webcast, a replay will be available on www.energizerholdings.com, under the "Investors," "Events & Presentations" and "Past Events" tabs.
About Energizer:
Energizer Holdings ("Energizer," NYSE: ENR), headquartered in St. Louis, is one of the world's largest manufacturers and distributors of primary batteries, portable lights, and auto care appearance, performance, refrigerant, and fragrance products. Our portfolio of globally recognized brands include Energizer, Armor All, Eveready, Rayovac, STP, Varta, A/C Pro, Refresh Your Car!, California Scents, Driven, Bahama & Co., LEXOL, Eagle One, Nu Finish, Scratch Doctor, and Tuff Stuff. As a global branded consumer products company, Energizer's mission is to be the leader in our categories by better serving consumers and customers. Visit www.energizerholdings.com for more details.
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SOURCE Energizer Holdings, Inc. | https://www.kxii.com/prnewswire/2022/07/01/energizer-holdings-inc-webcast-discussion-third-quarter-fiscal-2022-results-august-8/ | 2022-07-01T20:41:07Z |
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