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Collaboration Helps Clients' Learning Initiatives Come to Life by Combining Industry-Leading Cohort Learning Platform with Learning Strategy, Custom Content, and Technology Services
SAN FRANCISCO, Aug. 17, 2022 /PRNewswire/ -- NovoEd, the leading social and collaborative learning platform for deep capability building, today announces its partnership with Bluewater, North America's leading full-service consulting & services partner for everything Learning & Talent Management. Bluewater is a go-to partner for enterprise and mid-market organizations looking to select, implement, and operate learning technology. By adding NovoEd to Bluewater's existing portfolio of learning technology partners, Bluewater is moving to better empower its clients to build deep capabilities through cohort-based learning at scale.
"In our work with talent development and learning leaders, we see a significant need for a solution like NovoEd. In fact, many of our long-term clients are inquiring about or have purchased the NovoEd platform," said Chris Bond, Bluewater Founder, and CEO. "NovoEd is a uniquely flexible learning system because it allows us to structure interventions to cultivate better relationships between an organization and its employees, as well as within an employee community. The learning is stronger if it appropriately incorporates socialization, collaboration, cohorts, coaching, and mentoring. I look forward to leveraging the NovoEd platform to serve our clients."
The NovoEd and Bluewater partnership expands the scope of services for both organizations to help their clients build out comprehensive organization-wide NovoEd deployments, as well as support mid-sized companies that require additional support to design and implement scalable cohort-based learning journeys.
"Our clients envision creating learning organizations that can power the most fundamental and transformative initiatives within their respective businesses," said NovoEd Chief Executive Officer Scott Kinney. "Partnering with Bluewater will help make that vision come to life by combining NovoEd's industry-leading, cohort-based learning technology with Bluewater's learning strategy, custom content, and technology consulting services. We're excited to partner on this journey to help our clients care for and develop their people for the future of their businesses."
About NovoEd
Founded at Stanford's Social Algorithms Lab in 2012, NovoEd is a capability-building platform that uses social and collaborative learning to unlock performance readiness at scale. Through cohort-based experiences, NovoEd taps into collective wisdom, placing each learner at the intersection of perspective, application, and expertise. Large enterprises such as 3M, GE, and Nestlé partner with NovoEd to accelerate their critical initiatives, reconnect teams, and achieve rapid alignment through learning that is deeply felt and experienced and swiftly transformed into impact. Visit novoed.com to learn more.
About Bluewater
At Bluewater, we create clients for life by helping them to look at the way they use their learning and talent technology a little differently. That all starts with our people. Our team helps our clients gain confidence in their tools, fill the gaps in knowledge, and provide the right resources to ensure that you have the time you need to be successful.
Bluewater Transforms our Employees' lives by serving you and engaging yours. We develop Relationships, not transactions, focus on Impact, not tools, and have flexible, not one size fits all solutions. Visit bluewaterlearning.com to learn more.
Media Contact:
Christina Yu
Chief Marketing Officer
christina.yu@novoed.com
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SOURCE NovoEd | https://www.mysuncoast.com/prnewswire/2022/08/17/novoed-partners-with-bluewater-power-business-transformation/ | 2022-08-17T13:54:09Z |
The San Antonio Business Shower will mark Warrior Rising having helped fund more than 100 Veteran-owned businesses
SAN ANTONIO, July 21, 2022 /PRNewswire/ -- Warrior Rising, the Nation's premier veteran entrepreneurship non-profit, will be hosting its 5th Veteran Business Shower™ this September. Having helped create and fund more than 100 Veteran owned businesses, Warrior Rising has established itself as the preeminent transition organization for prospective veteran entrepreneurs. The shower is being hosted at the Grunt Style headquarters, located in San Antonio, Texas. Grunt Style was founded by an Army combat veteran who grew the brand to be worth more than $100 million by selling not just clothing, but a lifestyle. Together these partners will hold a two-day seminar for 16 veteran entrepreneurs over the weekend of September 11th, a date that holds obvious significance for both active duty service members and Veterans.
The seminar will focus on key learnings from industry experts and successful entrepreneurs. Participants will be gifted a custom suit, new laptop, website development and SEO optimization, headshots, and the opportunity to present their brands in a "shark tank" style pitch competition where they'll be eligible for up to $20k in charitable grants.
Jason Van Camp, Founder and Executive Director stated, "The Warrior Rising Business Shower is our signature event. Similar to a bridal shower or a baby shower, the Warrior Rising business shower was created to give veterans everything they could possibly need to succeed in business. We provide veteran entrepreneurs the education, coaching, mentorship, equipment, tools, network, and funding to become a multi-million dollar business. It's an honor and privilege to be invited to a business shower, but we don't invite just anybody - veterans earn the right to attend our business showers through hard work and determination."
Warrior Rising will also be hosting a fundraising gala that same weekend at the historic Tobin Center for the Performing Arts in downtown San Antonio. The Tobin Center is located next to the San Antonio Riverwalk and is named for Robert L. B. Tobin, one of the city's most prominent residents. The Master of Ceremonies for the event will be Nick Palmisciano, film producer and co-author of New York Times best seller, Scars and Stripes. Special guests will also include guest speaker Rob O'Neill, one of the Navy SEALs present for the historic Bin Laden raid.
Nick Palmisciano emphasized, "As a young entrepreneur just out of the military, I made mistakes that cost me millions of dollars…all unnecessarily. When you're starting out, it's easy to feel like you have to work it out yourself. In fact, the military breeds that mentality. While that's great for personal resiliency, it's terrible for running a successful business. Business is about teamwork, and there is no better team than Warrior Rising. The training, mentorship, and support that Warrior Rising provides our nation's veterans is absolutely unmatched. There's no organization I've seen come close. As such, they have my unlimited support. "
With an ever-increasing impact on the Veteran community, Warrior Rising's upcoming Business Shower will serve as another testament to their continued service to our Nation's most valuable asset, the American service member.
About Warrior Rising
Founded in 2015, Warrior Rising is a 501(c)(3) non-profit started by Veterans, for Veterans. The Warrior Rising team has a singular goal: transform Veterans into Vetrepreneurs. We have achieved this through carefully selecting strategic partners in business, and leveraging a vast network of young professionals and successful entrepreneurs from a wide variety of backgrounds. The organization hosts a robust team of professionals, business owners, and experts in their fields.
Learn more at warriorrising.org
About Nick Palmisciano
Nick Palmisciano graduated from the United States Military Academy at West Point as a member of the Class of '98 and then served six years as an Infantry Captain. Upon trading in his fatigues for civilian clothes, he attended Duke University's MBA program and then worked in areas of increasing responsibility at a Fortune 100 company. He then plunged himself into the world of entrepreneurship, where over the course of 15 years he has built multiple successful and unique businesses across a wide spectrum of industries. His passion for sharing his trials and tribulations as an entrepreneur have led him to become a mentor to many aspiring business owners and transitioning veterans over the years.
Learn more at https:nickpalmisciano.com
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SOURCE Warrior Rising | https://www.kxii.com/prnewswire/2022/07/21/warrior-rising-host-business-shower-san-antonio-texas/ | 2022-07-21T14:31:00Z |
MADISON, Wis. (AP) — Republican-backed candidates in local school board races came out as big winners in the Milwaukee suburbs that are critical for the Wisconsin GOP in statewide elections, but they had mixed results in other parts of the battleground state.
The school board elections Tuesday in Wisconsin were among the earliest nationwide this year and are the latest sign of how politicized typically nonpartisan races for local offices are becoming across the country.
Former Lt. Gov. Rebecca Kleefisch, a Republican candidate for governor, took the unusual step of endorsing 48 school board candidates. Of those, 34 won including eight incumbents, based on preliminary results. Democratic Gov. Tony Evers, a former teacher, school administrator and state superintendent, did not endorse in any race.
“The pattern was traditional GOP areas, the endorsed candidates did well,” said Michael Ford, an associate professor of public administration at the University of Wisconsin-Oshkosh who studies school board races. “Places where it’s more ideologically balanced it didn’t seem to matter all that much.”
Ben Wikler, chairman of the Wisconsin Democratic Party, was buoyed by the results, saying Republicans should have performed better in a year that is supposed to favor them. They needed to perform better in swing parts of the state, he said.
“What we saw last night is a sharply divided state that’s likely to come down to the wire in the fall,” Wikler said.
Conservative candidates picked up school board seats in Waukesha, Wausau and Kenosha, but lost races in Beloit and the western Wisconsin cities of La Crosse and Eau Claire.
The results reinforce the idea that the goal of Republicans getting behind school board candidates in a way they haven’t in the past was to reinforce their base ahead of the midterm elections, Ford said. It also shows that key voters in Milwaukee’s suburbs, who were uncomfortable voting for Donald Trump, swung back and voted for conservatives in the school board races, he said.
That could be a good sign for Republicans heading into the fall, when Evers and Republican U.S. Sen. Ron Johnson are up for reelectionin November. Johnson last year talked about the importance of local elections heading into the midterm and encouraged constituents to “take back our school boards, our county boards, our city councils.”
Republicans also saw wins beyond school board races. The Republican-backed candidate for a state appeals court seat in southeastern Wisconsin, Maria Lazar, defeated a sitting judge who was appointed by Evers. And Republican state Rep. Samantha Kerkman won the race for Kenosha County executive, replacing a Democrat. Republicans also touted wins in other Democratic parts of the state, including winning two of three seats on the Green Bay City Council and flipping majority control of seven county boards.
Kleefisch has made education one of her top issues and said Wednesday the wins “show that Wisconsinites are fed up and want to take back control of their communities, schools and courts.”
The GOP-backed school board candidates largely focused their campaigns on the response to COVID-19 in schools, like mask mandates and vaccination requirements, and on exerting more control over what can be taught, particularly as it relates to race, sex and gender issues.
Ballotpedia, which tracks election data, found that there were 53 school board elections in Wisconsin in which candidates took a stance on how race is taught, how schools or districts responded to the pandemic, or school-related sex and gender issues.
Here’s a look at some of the more noteworthy races:
— Three Waukesha School Board candidates endorsed by the Republican Party and Kleefisch won, defeating a slate of candidates backed by the statewide teachers union. That was part of a near county-wide sweep by conservative backed candidates for school board.
— Scarlett Johnson, one of the organizers of an unsuccessful school board recall electionlast fall in the suburban Milwaukee district of Mequon-Thiensville, lost her bid for the board along with another conservative candidate.
— Eau Claire school board candidate Marquell Johnson, who was backed by Democrats, won. Johnson, who is Black, made public an email he received during the campaign calling for a “Thank You White People Day.”
— Eau Claire school board president Tim Nordin, who urged his community not to “cede to fear,” won. He received a death threat after three conservative candidates for school board seats criticized a teacher training program that they claimed could exclude parents from conversations about their children’s gender identity or sexual orientation.
— In the small town of Holmen, a social media post in February showed a flyer asking voters to contact two conservative candidates for school board to “Keep Holmen Schools White and Christian.” Both of the named candidates who were also endorsed by Kleefisch — Josh Neumann and Chad Updyke — lost. They decried the postcard, which has not been connected to them. They ran as critics of the school district’s COVID-19 restrictions and against the teaching of a “divisive curriculum.”
___
This story has been corrected to reflect that Scarlett Johnson is not an incumbent. | https://cw33.com/news/u-s-news/ap-u-s-headlines/gop-backed-school-board-candidates-win-in-milwaukee-suburbs/ | 2022-04-07T06:26:50Z |
SINGAPORE, July 25, 2022 /PRNewswire/ -- Smart Ship Hub (SSH) is a ready to deploy digital platform for global maritime logistics. SSH is disrupting the maritime industry the way avionics did in airline industry. Cloud based and on demand, SSH provides "unified platform and a single source of truth" for Ship owners, Ship Operators, Charter Parties, maritime insurers, Port authorities. The platform caters for merchant ships, naval ships, oil rigs, river going barges and fishing vessels.
Global maritime, despite being the largest mode of transport suffers from operational inefficiencies, lack of visibility, transparency leading to commercial leakages. Ship owners, operators, chartering agencies, insurance companies are now focussed on technology backed smarter processes to ensure "High vessel uptime, Sea worthiness and Predictability" with digital systems.
SSH's "ship-to-shore and shore-to-ship" based management of fleet using smart sensors, IOT, big data is saving substantial operational costs while enhancing voyage efficiencies. The digital platform is helping predict possible machinery down time, malfunctioning, identify performance deviations, vessel routes to improve voyage and vessel performance. SSH's " Marine Insights " is a unique maritime big data platform providing actionable intelligence, smart alerts and performance advisory for entire fleet using millions of records.
SSH's global customers are able to achieve their target of " minimal breakdown maintenance", "optimum fuel utilization", "staying in total compliance including for emissions", " optimize costs with condition based maintenance" and a much higher level of " voyage control". "Performance Advisory" feature is reducing number of incidents for these ships while saving maintenance and fuel costs. Future ready maritime companies are helping in creation of a connected ecosystem: connected ships, shared services (routes, capacity, procurement) and "pay per use" model with SSH digital.
Joy Basu, Founder of Smart Ship Hub adds: "Digital platforms will play a fundamental role in disrupting maritime legacy processes. Inefficient & legacy workflows in ships and shore is gradually giving way to automated remote management. This fund raise will allow us to pass on more value to our customers globally. Customers will now have captive performance centre for a fraction of the cost they incur today. Ship owners, Operators, Charter parties can get digital upgrade for "Zero" capex, allowing them to unblock their capital and upgrade more vessels".
About Ideaspring Capital
"Ideaspring Capital is very happy to be part of Smart Ship Hub's growth and its journey towards being the digital platform of choice for global maritime companies. As a venture capital firm, we are focused on organizations that are into IOT, Machine Learning, Deep Learning, Big Data Analytics, AR, VR, Cyber Security, Computer Vision and we have seen SmartShip are leveraging these technologies through their world-class platform. We are very impressed with the team and the product" says Naganand Doraswamy, Managing Partner, Ideaspring Capital.
About StartupXseed
"StartupXseed is a sector agnostic fund with investments from SaaS to Space (Tech), including the areas of Cyber Security, Semicon, AI/ML, Drones and New Frontier Startups in India with a Global Focus. Smart Ship Hub is a early growth stage company, we are particularly impressed with their product and marquee customers base developed globally in a very short span of time, says Ravi Thakur, designated partner, StartupXseed ventures.
SmartShip has a unique advantage of a powerful promoter team of successful maritime professionals, Singapore headquarters and a strong technology team. We are glad to have partnered as they disrupt global maritime domain : BV Naidu, Managing partner StartupXseed ventures.
Photo - https://mma.prnewswire.com/media/1864898/Smart_Ship_Hub_1.jpg
Logo - https://mma.prnewswire.com/media/1864899/Smart_Ship_Hub_Logo.jpg
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SOURCE Smart Ship Hub | https://www.wibw.com/prnewswire/2022/07/25/smart-ship-hub-singapore-headquartered-b2b-saas-maritime-digital-platform-raises-pre-series-round-25m-led-by-ideaspring-capital-startupxseed-ventures/ | 2022-07-25T14:39:06Z |
Showcase highlights partnerships, innovations to iconic roleplaying, card collecting games
RENTON, Wash., Aug. 18, 2022 /PRNewswire/ -- Wizards of the Coast, a gaming division of Hasbro (NASDAQ: HAS), today announced a lineup of innovative releases for later this year and beyond during their direct-to-fan virtual event, Wizards Presents. These initiatives enhance Hasbro's $2.1 billion games portfolio for players of all ages, which include iconic fantasy brands Magic: The Gathering and Dungeons & Dragons.
Hosts Jimmy Wong, Ginny Di, and Sydnee Goodman showed off exciting fantasy storytelling products for use at the table, in the game store, and digitally online, cementing Wizards' leadership in the fantasy gaming category and building on the company's continued success within Hasbro's family of brands. Watch the entire video presentation of Wizards Presents on YouTube on our Dungeons & Dragons and Magic: The Gathering channels and on our Twitch channels (twitch.tv/magic and twitch.tv/dnd) for details and commentary from the creative product designers.
"Wizards Presents" the following products and initiatives coming later this year, in 2023, and beyond:
Dungeons & Dragons
- Playtesting for One D&D starts today! One D&D is the codename for the next generation of Dungeons & Dragons that brings together updated rules, backwards compatible with 5th Edition, D&D Beyond as the platform for your D&D experience, and an early-in-development D&D digital play experience that will offer players and Dungeon Masters full immersion and rich 3D creation tools. Head to DnDBeyond.com today to sign up to join the public playtests for One D&D.
- Dragonlance means WAR! Dragonlance: Shadow of the Dragon Queen is a D&D adventure set in the world of Krynn with the backdrop of the War of the Lance. Dragonlance: Warriors of Krynn is a board game that allows the players to jump into a mass battle and make decisions on memorable events during the war. Fans can play both in conjunction to tell a single engrossing campaign, switching between the D&D adventure and the board game designed by Rob Daviau and Stephen Baker. Shadow of the Dragon Queen will be available everywhere with a standard cover and an alternate cover only available through game stores on Dec. 6, 2022. Also available on Dec. 6 is Shadow of the Dragon Queen Deluxe Edition, containing the adventure, the board game, and an exclusive Dungeon Master screen.
- Following the acquisition of the easy-to-use digital toolset of D&D Beyond earlier this year, Dungeons & Dragons is excited to offer bundles of physical and digital content to fans on D&D Beyond with Dragonlance: Shadow of the Dragon Queen. Preorder now at dndstore.wizards.com to get early access to the adventure on D&D Beyond early on Nov. 22, 2022.
- Everyone loves Drizzt! D&D is celebrating the drow hero's 35th anniversary with new covers of all the Legend of Drizzt novels by R.A. Salvatore. The Legend of Drizzt Visual Dictionary will chronicle lore, creatures, weapons, enemies, and allies in one tome perfect for gift-giving season. And to take the Legend in new directions, a Drizzt Family webcomic will debut featuring Brie, the tween daughter of Drizzt and Cattie-Brie, "borrowing" her father's sword Twinkle to prove she is a heroic force just like her forebears.
- Here are five exciting products coming from D&D in 2023:
- Ocean's Eleven meets D&D in this book of short adventures revolving around heists.
- A companion to last year's Fizban's Treasury of Dragons focused on giants.
- A collection of creatures, locations, and other goodies that are connected to the mysterious Deck of Many Things.
- Expands the classic Lost Mine of Phandelver into a full campaign tinged with cosmic horror.
- The legendary setting returns! Like Spelljammer: Adventures in Space, Planescape is a three-book slipcase: setting guide, bestiary, and adventure campaign
Magic: The Gathering
- Wizards of the Coast revealed upcoming products in its Universes Beyond product line, a way for fans to play Magic: The Gathering beyond Magic's planes with cards representing iconic fictional settings and characters in pop culture.
- Fans got a first glimpse at details for the latest entry in Universes Beyond, Warhammer 40,000. In addition to four commander decks, four Sol Rings are themed after each faction representing The Imperium of Man, Tyranids, Necrons, and Chaos. The cards in the collector's edition of each commander deck have a new Surge Foil treatment.
- In Q3 2023, players can journey to Mount Doom with Frodo, Aragorn, and the rest of the Fellowship on their quest to destroy The One Ring in The Lord of the Rings: Tales of Middle-earth™ set. Magic designers showed off a sprawling piece of artwork for The Battle of the Pelennor Fields — the greatest battle of the War of the Ring at Minas Tirith—spanning 18 individual cards as part of a booster release that will immerse fans in Middle-earth. The Lord of the Rings: Tales of Middle-earth set is also coming to Magic: The Gathering Arena as an Alchemy set later next year.
- Magic: The Gathering is joining forces with Doctor Who in a new Universes Beyond collaboration that includes Commander decks, collector boosters, and Secret Lair drops spanning the 60-year history of the longest running action-adventure television series in the world.
- Magic: The Gathering celebrates its 30th birthday in 2023. The year-long celebration kicks off this year and includes the Magic 30 event taking place at Las Vegas' EXPO at World Market Center on Oct. 28-30, special promotions commemorating Magic's history, and special promotions that will only be found in local game stores.
- Later this year, players will return to where it all started in Dominaria United. Home to the first Magic set that was released in 1993, and the centerpiece of storytelling for the first decade, Dominaria is the core of Magic's multiverse. Dominarians are pitted against the Phyrexians in the kickoff to an epic four-set story arc. Dominaria United releases on Sept. 9, but fans can preorder now.
- To round out the inaugural Wizards Presents, Wizards of the Coast unveiled their upcoming premiere Magic: The Gathering set releases coming in 2023. The Phyrexia story arc continues with The Brothers' War, releasing in November, followed by Phyrexia: All Will Be One, releasing in Q1 2023, and wrapping up with March of the Machine, a conclusion to the story, releasing in Q2 2023. March of the Machine: The Aftermath, also releasing in Q2 2023, ties up loose ends from March of the Machine and explores the fundamental changes that have taken place in Magic's Multiverse. In Q3 2023, players will return to Eldraine, a fan favorite plane that draws inspiration from classic fairy tales with Wilds of Eldraine. In Q4 2023, Lost Caverns of Ixalan will finish the year with Pirates, Dinosaurs, and Vampires vying for dominance.
Since 1993, Magic: The Gathering has thrilled players and card collectors. With more than 50 million fans to date, Magic is a worldwide phenomenon in more than 150 countries.
Dungeons & Dragons continues to innovate the tabletop and digital roleplaying genre with the next evolution of core rules to enhance players' imaginations and enjoyment of the game. Crossover opportunities with the film and book industries can only add to the more than 50 million people who play D&D, fast approaching its 50-year anniversary.
For more information about everything that was revealed in Wizards Presents, please visit https://magic.wizards.com/en/articles/archive/news/next-year-of-magic-wizards-presents-2022-08-18.
ABOUT MAGIC: THE GATHERING
Magic: The Gathering's compelling characters, fantastic worlds, and deep strategic gameplay have entertained and delighted fans for more than 25 years. Fans can experience Magic through the tabletop trading card game, the digital game Magic: The Gathering Arena, a New York Times bestselling novel, and a critically acclaimed comic book series. With more than 50 million fans to date, Magic is a worldwide phenomenon published in more than 150 countries.
ABOUT DUNGEONS & DRAGONS
Dungeons & Dragons has enchanted fans for nearly 50 years with innovative gameplay allowing friends and family to adventure in fantasy worlds together. The World's Greatest Roleplaying Game boasts more than 50 million fans to date who have enjoyed the franchise through video games, novels, comics, roleplaying games, and accessories. A major feature film produced by Paramount Pictures and eOne, Dungeons & Dragons: Honor Among Thieves is poised to captivate audiences next year and fans can experience D&D online right now through easy-to-use tools on D&D Beyond.
ABOUT WIZARDS OF THE COAST
Wizards of the Coast, a division of Hasbro (NASDAQ: HAS), develops legendary games that inspire creativity, spark passions, forge friendships, and foster communities around a lifetime love of games. Wizards delivers compelling experiences for gamers across tabletop and digital gaming through its best-known franchises MAGIC: THE GATHERING and DUNGEONS & DRAGONS and Hasbro's unparalleled portfolio of approximately 1,500 brands. With headquarters in Bellevue, Washington and studios in Austin, Montreal, Raleigh, and Renton, Wizards is dedicated to fostering world class talent to create unforgettable play experiences on all platforms. To learn more about Wizards, please visit our company website and social channels (@Wizards on Twitter and LinkedIn).
ABOUT HASBRO
Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to Creating the World's Best Play and Entertainment Experiences. From toys and games to television, movies, digital gaming, and consumer products, Hasbro offers a variety of ways for audiences to experience its iconic brands, including NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, MAGIC: THE GATHERING, and POWER RANGERS, as well as premier partner brands. Through its entertainment labels, Allspark Pictures and Allspark Animation, the Company is building its brands globally through great storytelling and content on all screens. Hasbro is committed to making the world a better place for children and their families through corporate social responsibility and philanthropy. Hasbro ranked No. 13 on the 2019 100 Best Corporate Citizens list by CR Magazine and has been named one of the World's Most Ethical Companies by Ethisphere Institute for the past eight years. Learn more at www.hasbro.com and follow us on Twitter (@Hasbro) and Instagram (@Hasbro).
ABOUT GAMES WORKSHOP
Games Workshop® Group PLC (LSE: GAW.L), based in Nottingham, U.K., produces the best fantasy miniatures in the world. Games Workshop designs, manufactures, retails, and distributes its range of Warhammer®: Age of Sigmar®, and Warhammer® 40,000® games, miniatures, novels, and model kits through more than 500 of its own stores (branded Warhammer®), the www.games-workshop.com web store and independent retail channels in more than 50 countries worldwide. More information about Games Workshop and its other, related, brands, and product ranges (including our publishing division 'Black Library' and our special resin miniatures studio 'Forge World') can be found at www.games-workshop.com.
ABOUT DOCTOR WHO
Doctor Who is one of the longest running action-adventure television series in the world, spanning 59 years, and winning more than 100 awards. This quintessentially British show has a huge global following, with 9.6 million fans across social platforms/channels and 100 million video views on YouTube in the last year alone. It has been honored by Guinness World Records as the longest running science-fiction series in the world. Doctor Who has a proven track record in consumer products and live entertainment with more than 4.5 million Sonic Screwdrivers sold in the past 11 years, more than 13 million action figures sold since 2005, more than 19 million DVDs sold globally, and more than 1 million tickets sold for live events. Doctor Who logo and insignia © 2018 and TM BBC. Licensed by BBC Studios.
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SOURCE Wizards of the Coast | https://www.mysuncoast.com/prnewswire/2022/08/18/wizards-coast-reveals-exciting-lineup-dungeons-amp-dragons-magic-gathering/ | 2022-08-18T17:11:34Z |
Justices say veteran who lost job as Texas trooper can sue state
WASHINGTON (AP) — The Supreme Court on Wednesday allowed a former state trooper to sue Texas over his claim that he was forced out of his job when he returned from Army service in Iraq.
The justices ruled for Army veteran Le Roy Torres under a federal law that was enacted in 1994 in the wake of the Persian Gulf war to strengthen job protections for returning service members.
By a 5-4 vote, the high court rejected Texas’ claim that it is shielded from such lawsuits. “Text, history, and precedent show that the States, in coming together to form a Union, agreed to sacrifice their sovereign immunity for the good of the common defense,” Justice Stephen Breyer wrote for the court.
Torres says he suffered lung damage from exposure to open burn pits on his base in Iraq.
He spent a year in Iraq and was discharged as a captain after nearly 19 years in the U.S. Army Reserve.
The state and Torres dispute what happened when he returned to Texas, unable to resume his job as a state trooper because of the damage to his lungs. He eventually resigned and later filed his lawsuit. A state appellate court dismissed it, and the justices stepped in.
Congress first allowed returning service members to sue states to keep their jobs in 1974, recognizing discrimination because of opposition to the Vietnam War.
In March, the court allowed the Navy to take account of sailors’ vaccination status in deciding on deployments, narrowing a lower court order. Three justices, Samuel Alito, Neil Gorsuch and Clarence Thomas, dissented from the high court’s order.
They also dissented Wednesday, joined by Justice Amy Coney Barrett.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/29/justices-say-veteran-who-lost-job-texas-trooper-can-sue-state/ | 2022-06-29T15:03:42Z |
What are garden gnomes?
As popular lawn decorations, garden gnomes are deeply ingrained in our present-day culture and widely understood. These ornaments may feature prominently or subtlety, in yards big and small, all across North America and Europe. They’re so popular that they’ve even been featured in film and TV too.
Where do these ubiquitous, often cute and sometimes odd-looking adornments come from? The history of garden gnomes is both fascinating and surprising.
Where do garden gnomes come from?
Gnomes in ancient times
The earliest evidence of garden gnomes dates back to ancient times around the Mediterranean, where statues of the Greek god Priapus were sprinkled around gardens and green spaces. As the god of fertility, he was believed to bring good fortune to outdoor areas where crops grew and flowers bloomed.
Priapus, however, was also seen as indulgent and frivolous; in some records, he was the son of Aphrodite, the goddess of love, and Dionysus, the god of wine. Notably, he was depicted as short and ugly with a Phrygian cap — the soft, conical red hat that gnomes came to be known for. These gnomes were relatively small, under 12 inches.
Gnomes during the Renaissance
Similar off-putting statues were found in gardens during the Renaissance. Such figures were typically taller than those we are accustomed to today — up to 3 feet — but they were also more garish and obscene. Like Priapus statues, these were a symbol of fertility, particularly as related to excess and sexuality. As such, they were typically found in wealthier homes.
Gnomes in the industrial era
Garden gnomes as we know them today were popularized in Germany in the mid-1800s. These little figurines, anywhere from 3 to 6 inches tall, were constructed and sold as simple household decorations. They weren’t necessarily based on folklore, but their dwarf-like appearance soon lent them to mystical and magical stories. Dwarves were believed to work mines and farms, so their presence in those areas was thought to be a boon.
Gnomes spread across the continent as travel and tourism increased. Notably, traveler and aristocrat Charles Isham is credited with first showing gnomes in England. He brought back a collection from Germany and showcased them at Lamport Hall in Northamptonshire in the 1870s amid his lavish gardens.
They soon became sought-after in France and England as well as northern parts of the continent.
Modern gnomes
Gnomes skyrocketed in popularity in the early 20th century, but interest plummeted during World War I. Disney revived popularity with the 1937 film “Snow White and the Seven Dwarves,” which helped bring about the modern image of a garden gnome.
In the 1970s, counter culture helped diversify garden gnomes, where in addition to their traditional look, there was no shortage of weird, offbeat and absurd creations. Today, gnomes may be modeled after characters in pop culture, feature adult content or vary in size.
Garden gnome construction
Materials
While early gnomes were crafted from wood, they later were made of terracotta clay in which a mold was crafted and then fired in a kiln. Made by hand, terracotta gnomes allow for intricate designs or coloring. The handmade gnomes also tended to hold up well to changing weather. Handcrafted options still exist and are made from clay, resin or other polymers.
However, mass-produced gnomes made of plastic became popular in the 1980s, allowing cheap gnomes to flood the market. These inexpensive options typically don’t last long and aren’t environmentally friendly.
Design
Traditional garden gnomes feature bearded males boasting their iconic red hat and often a pipe. As creatures who enjoy leisurely pursuits, they are often depicted as relaxing, sleeping or fishing. Since gnomes are related to farming and gardening, some are depicted as wielding tools, such as rakes or shovels. Female gnomes were rare for some time, but they’ve increased in popularity and often still feature the archetypal cap.
Today, designs vary wildly. There is an array of modern options depicting various activities and looks ranging from the silly and absurd to the dark and scary.
Garden gnome usage and reputation
Traditionally, gnomes were viewed as protectors. When they were set up in a house or on a farm, they were believed to watch over inhabitants and keep them safe. Later on, these whimsical creatures were seen more as good luck, promising fertility and fortune.
Gnomes may act as a centerpiece in a front garden or adorned subtly and placed throughout an outdoor space. Some may situate gnomes near ponds or bird feeders. Gardeners may choose to own just a single gnome or build a whole collection to put on display.
Royal Horticultural Society
As gnomes spread throughout Europe in the 19th century, strong opinions were elicited, particularly the gnome aesthetic. Notably, the Royal Horticultural Society of England, an organization over 200 years old that promotes and cultivates an interest in gardening, banned gnomes from being used in any competitions or grand showcases, deeming them tacky and unsophisticated.
In 2013, however, that ban was temporarily lifted at the Chelsea Flower Show. The event welcomed a range of gnomes and included some decorated by celebrities, such as Elton John, Judi Dench and Dolly Parton.
Traveling gnomes
Believing in jest that garden gnomes should be free, people in the 1970s began taking gnomes on vacation and snapping photos. This led to tourist-type pictures of gnomes captured in front of iconic landmarks around the world.
A prank developed as well. Garden gnomes were nabbed from lawns and taken on a trip. Captors photographed gnomes and sent the images to the owners, later returning their gnomes to their rightful homes. The fad isn’t as popular as it once was, but some still pack their gnome when heading on an adventure.
Best garden gnomes
Design Toscano Sunflower Sammy
This high-quality gnome boasts a traditional appearance: It’s a bearded male donning the iconic red hat. Although pricey, this durable model is made of resin and stone and is a colorful, detailed and welcome addition to any outdoor space.
Where to buy: Amazon
La Jolíe Muse Gnome with Lights
A modern take on a classic ornament, this garden gnome features a solar LED light that illuminates at night. This playful gnome heralds the garden with his flower trumpet and is designed to withstand weather, including snow and UV rays.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/decor-br/the-history-of-garden-gnomes/ | 2022-05-13T17:43:22Z |
Wondershare MobileTrans provides a more efficient transfer solution that is compatible with the new iPhone 14.
VANCOUVER, BC, Sept. 14, 2022 /PRNewswire/ -- There is a significant increase in searches for "new iPhone phone-to-phone transfer" after the formal announcement of the release of the iPhone 14, which shows how people are scrambling to find a solution for transferring data to the new device. Dedicated to offering consumers all-scene transfer solutions, Wondershare MobileTrans V4.0 will be the best choice for them.
"Users will enjoy a smooth experience and more control over their data with MobileTrans's updates," stated PeakYu, Product leader of MobileTrans. "It can assist them in scientifically migrating and managing the information on their phones by providing secure data transfer and backup from phone to phone, phone to computer, Cloud storage to phone, App to App, and more. We also take care of post-transfer services, like HEIC format conversion, guaranteeing the lossless transfer of images between iOS and Android."
MobileTrans V4's latest updates include:
- Google Drive to WhatsApp: Transfer WhatsApp and WhatsApp Business backups from Google Drive to any device.
- App Transfer: Transfer apps from another OS, supporting Android to iOS and Android to Android.
- Playlist Transfer: Transfer music playlists between different music platforms. It is compatible with the most popular apps, such as YouTube, YouTube Music, Deezer, Spotify, and Apple Music.
- File transfer: Transfer files from one device to any other without the Internet and allows file-sharing nearby and remotely. Also, with a transfer speed of up to 40Mb/s, it will make file transfer faster than Bluetooth. Please discover the convenience of this feature in MobileTrans App which is also newly released.
- WhatsApp Backup Encryption: Improve the security of users' data backup by the users creating backup passwords themselves.
- WhatsApp Transfer Encryption: Migrate WhatsApp from another OS using the end-to-end encryption method. MobileTrans is the first in the industry to use end-to-end encryption technology, which brings a no-data-loss WhatsApp migration as easy as switching between WhatsApp on your phone/PC.
MobileTrans users will also benefit from the existing features: recover accidentally deleted data, backup WhatsApp data on a PC, transfer 18 different file types, and transfer chat data from WhatsApp business, GBWhatsApp, Viber, Kik, Line, and WeChat.
It's no coincidence that Wondershare is releasing MobileTrans V4 simultaneously with the iPhone 14. From September 13th to November 11th, MobileTrans will run an iPhone 14-themed sale event to give iPhone 14 users the help they need for phone-to-phone transfers at a better price. Click https://mobiletrans.wondershare.com/transfer-data-to-new-iphone.html to learn more.
Compatibility and Price
MobileTrans V4 is compatible with iOS 6.0 or higher for iPhones, iPads, and iPod Touch. It also supports major Android phones, including Samsung, Huawei, Xiaomi, Oppo, LG, and more, provided they're running Android 4.4 or higher. Pricing starts with an annual subscription of $29.99. For free trials and downloads, please visit https://mobiletrans.wondershare.com/ or follow us on YouTube, Facebook, and Twitter.
About Wondershare
Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That's why we're trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.
Media Contact
Frank Zhang
Wondershare
frank@wondershare.com
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SOURCE Wondershare | https://www.wibw.com/prnewswire/2022/09/14/wondershare-mobiletrans-v40-release-provides-streamlined-phone-to-phone-transfer-solution-coincide-with-iphone-14-launch/ | 2022-09-14T15:03:34Z |
Westlake Ace Hardware, Salvation Army Fan Drive underway in Capitol City
TOPEKA, Kan. (WIBW) - The Westlake Ace Hardware-Salvation Army Fan Drive is underway in the Capitol City.
As summer quickly approaches, Westlake Ace Hardware says it has teamed up with the Salvation Army for its annual Fan Drive. The drive is already underway and will close on June 19.
“When the Fan Drive started ten years ago, we really had no idea the impact it would end up having on the communities we serve,” said Andy Schmitt, vice president and COO of Westlake Ace Hardware. “The Fan Drive speaks directly to who we are as a company. We are truly humbled and grateful for our partnership with The Salvation Army and look forward to continuing to make a positive impact in the lives of our friends, customers, and neighbors.”
Ace said 2022 marks the 10th anniversary of the Fan Drive which has donated more than $22,000 or the equivalent of 1,500 fans. During the drive, it said customers are asked to donate by rounding up their purchases at the register. It said all funds go towards buying new box fans for the Salvation Army.
“With so many Americans continuing to face hardships this year, staying cool during the summer months should not have to be another challenge for those in need,” said Commissioner Kenneth G. Hodder, National Commander of The Salvation Army. “We are deeply grateful to Westlake Ace Hardware for again coming alongside The Salvation Army to provide heat relief for vulnerable families and individuals.”
Ace noted that donations stay in the local community and can also be made online HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/02/westlake-ace-hardware-salvation-army-fan-drive-underway-capitol-city/ | 2022-06-02T20:56:01Z |
NEW YORK, June 22, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CareDx, Inc..
Shareholders who purchased shares of CDNA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or entities who purchased CareDx common stock between February 24, 2021, and May 5, 2022.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the Company's RemoTraC service for remote, home-based, blood-drawing; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the class period artificially inflated; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: July 22, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/caredx-inc-loss-submission-form/?id=28876&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CDNA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 22, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm 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:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.wibw.com/prnewswire/2022/06/22/shareholder-alert-gross-law-firm-notifies-shareholders-caredx-inc-class-action-lawsuit-lead-plaintiff-deadline-july-22-2022-nasdaq-cdna/ | 2022-06-22T11:12:14Z |
The Highly-Anticipated Illuvium Land Sale, sold out 20,000 land plots during the 72-hour launch event on Immutable X
SYDNEY, June 8, 2022 /PRNewswire/ -- Immutable X, the leading Layer 2 (L2) Ethereum scaling solution for NFTs powered by StarkWare's zero-knowledge rollup technology, today reported the launch results of Illuvium's highly-anticipated June 2 Universe Land Sale, selling out 20,000 land plots valued at $72 million during the 72-hour launch event, making it one of the most successful NFT sales of all time. This initial sale represents merely the first 20% of available land on Illuvium, with the remaining 80% to be released in the future and sold via Immutable X.
The Layer 1 ETH smart contract sale was run as a dutch auction, allowing the community to determine fair value; the average sale price was $3,615; with the lowest sale price being $567 and the top sale fetching $133,283.
In comparison to other gaming-focused sales, Illuvium's Universe Land Sale, powered by Immutable X, generated 70x the value in USD (5x in ETH) of Axie Infinity's land sales in 2019 and 2020 combined, 20x the value of Splinterlands' land sale in 2021, and 10x of NetVRK's primary land sale. Further, Illuvium land sold more in this primary sale than most web3 games in all-time trading volume, including Alien Worlds, TreeVerse, TownStar, Voxels, World Wide Webb (land) and RaidParty.
By partnering with Immutable X as its exclusive protocol of choice, Illuvium delivers the next generation of blockchain gaming: a AAA game with true digital ownership, leveraging Immutable X's gas-free minting with near-instant and carbon-neutral transactions on L2.
"Immutable is the partner you want when that big moment hits," said Andrew Wall, Head of Marketing, Illuvium. "Our land sale launch went off without a hitch, and Illuvium land owners have been unanimous in their praise for Immutable's smooth minting process. Press the button, and it's minted - it's that simple."
"Our partnership with Immutable was an instrumental component in our successful land sale." said John Avery, CTO, Illuvium." Their Immutable X platform enabled gas-free minting and provided the APIs we use to drive our own marketplace experience. The Immutable X platform's performance was rock solid throughout the land sale. Working with Immutable was an equally smooth experience: they made themselves immediately available through a number of support channels, provided quick and accurate answers to our questions, and assisted us with timely operational support during both development and release. Immutable was also able to provide deep technical insight into Immutable X, and the blockchain as a whole, and they worked with us at the design level to ensure we took best advantage of their system. The results speak for themselves."
"We are beyond thrilled by the results of this monumental launch with Illuvium, being one of the most successful in history." Said Robbie Ferguson, co-founder of Immutable. "Achieving $72M in land sales is a testament to the incredible games that Illuvium is building - some of the first triple-A content in web3 - and the liquidity of Immutable X. Illuvium has an incredible shot of being the first major break-out gaming hit with hundreds of millions of players, and we're thrilled Immutable X can help enable that vision."
Illuvium is an open-world exploration, monster collector, and auto battler game, released on PC and Mac earlier this year. By building on the Ethereum blockchain, Illuvium brings its players a level of true ownership and interoperability of their digital assets never before possible in mainstream gaming.
Land in Illuvium allows owners to extract fuel, a critical element for catching and upgrading Illuvials, by building a virtual industrial complex in Illuvium Zero - the desktop and mobile partner game to Illuvium. There will be a total of 100,000 plots in the Ecosystem. The first 20,000 are now sold and minted with zero gas fees on Immutable X. As all in-game assets are blockchain tokens on Immutable X, players will also be able to sell fuel or other items on the IlluviDex marketplace shortly, rewarding them for their effort and investment.
Illuvium is an open-world exploration, monster collector, and autobattler game built on the Ethereum Blockchain, releasing on PC and Mac in 2022. Play-to-earn in an AAA sci-fi adventure and conquer the wilderness to help your crash-landed Ranger flourish
Race across crystal labyrinths, toxic deserts, and windswept mountain summits. Quest to uncover the cause of the cataclysm that shattered Illuvium. Hunt and capture Illuvials, powerful creatures who rule the land. Train and fuse your Illuvials into powerful evolutions. Build your ultimate Illuvial team to take into battles and tournaments in PvE and PvP Arenas. As you discover the capabilities of the Illuvials you collect, use your creativity to build unique synergies to outsmart your opponents. Hit a winning streak as you best other hunters to become the strongest Ranger on this planet.
Illuvium's collectible NFTs are interoperable across the entire Illuvium universe. The decentralized NFT collection offers players user-maintained custody never before possible in mainstream gaming.
Website: https://www.illuvium.io/
Twitter: https://twitter.com/illuviumio
Discord: https://discord.com/invite/illuvium
Immutable X, powering the next generation of web3 games, is the leading L2/L3 scaling solution for NFTs to enable strong liquidity at a huge scale without compromising decentralization or security of the most-used blockchain globally for NFTs, Ethereum.
The scaling solution, powered by StarkWare's innovative technology, offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and a fantastic developer and user experience. Immutable X has announced integrations with leading marketplaces and is powering some of the most prominent NFT plays across consumer apps (TikTok), DeFi (SuperFarm), and gaming (GameStop, ESL Gaming, Ember Sword, Planet Quest, Gods Unchained, Guild of Guardians, GreenPark Sports, Illuvium, MyCryptoHeroes+).
To learn more about Immutable visit: https://www.immutable.com
Twitter: https://twitter.com/Immutable
Discord: https://discord.com/invite/immutablex
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SOURCE Immutable X | https://www.wibw.com/prnewswire/2022/06/09/illuvium-land-sale-powered-by-immutable-x-sells-out-becomes-one-most-successful-nft-sales-history-with-72-million-land-sold/ | 2022-06-09T02:54:43Z |
Target announces dates for its car seat trade-in recycling program
(Gray News) - Target has announced when people can trade in their old, expired or damaged car seats for a discount on new items.
The retailer announced its next car seat trade-in promotion will take place from April 18-30.
People can bring the car seats to a Target location, and in return, they can claim a 20% discount online or on the Target app toward a car seat, stroller or other baby items.
The coupon is valid through May 14.
The materials from the car seats traded in are recycled, and Target has received 1.7 million of them since 2016.
Target works with Waste Management to recycle the items. The retail giant said it has recycled 25.4 million pounds of car seat materials since the promotion began.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/12/target-announces-dates-its-car-seat-trade-in-recycling-program/ | 2022-04-12T15:05:14Z |
CHICAGO, Aug. 18, 2022 /PRNewswire/ -- Illinois-headquartered leading global data analytics and engineering firm – TheMathCompany – has announced the appointment of Sean Dwyer as Chief Growth Officer to help consolidate the company's leadership in its key markets in North America and Europe.
Sean joins TheMathCompany from Gartner where he served most recently as Vice President - Global Business Sales, Marketing BU Americas, having led progressively complex businesses across Gartner's core IT, HR, and marketing segments. A seasoned business executive, Sean will focus on accelerating TheMathCompany's expansion across its key markets. Sean brings with him a diverse cross-functional expertise across CxO and LOB buying centers that has proven instrumental in his groups' success delivering value-based impact for organizations such as Gartner, CA Technologies and VMware.
Aditya Kumbakonam, Co-founder and Chief Customer and Business Officer of TheMathCompany, said, "TheMathCompany has always been ambitious – ambitious in the pursuit of growth and ambitious in creating elevated experiences for our customers. We welcome Sean to TheMathCompany and look forward to his expertise in helping organizations grow and his passion for creating impactful contributions for customers. We are certain that under his leadership we will scale greater heights and will move closer to our vision of becoming the world's largest problem solver."
Sean Dwyer, Chief Growth Officer of TheMathCompany shared, "TheMathCompany has been consistently doubling in size year-on-year and has seen tremendous growth in the last six years. I look forward to bringing my experience to lead this growth charter while ensuring that we continue to create unmatched value for our customers as a market leader."
TheMathCompany is known for its flagship platform Co.dx that helps businesses across multiple industries to solve problems through low code, custom artificial intelligence applications.
TheMathCompany has more than 50+ Fortune 500 companies as clients across more than 15 industry verticals. It serves customers across sectors like consumer-packaged goods, retail, pharma, automotive, technology, and manufacturing industries in the US, UK, and EU.
Earlier this year TheMathCompany had raised USD 50 million in a funding round led by Brighton Park Capital.
Based in Illinois, TheMathCompany was founded in 2016 by Sayandeb Banerjee, Aditya Kumbakonam and Anuj Krishna. With a team comprising scientists, data engineers, visualisation experts as well as analysts and consultants, TheMathCompany goes beyond what traditional consultancies, pure-play service providers and IT (information technology) organisations offer in terms of data insights to solve specific problems for companies.
Photo: https://mma.prnewswire.com/media/1880946/Sean_Dwyer.jpg
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SOURCE TheMathCompany | https://www.wibw.com/prnewswire/2022/08/18/themathcompany-welcomes-sean-dwyer-chief-growth-officer/ | 2022-08-18T14:12:27Z |
Existing Multi-Unit Franchisees See Opportune Time to Grow 25-plus Store Marco's Portfolio in New Market
LUBBOCK, Texas, May 24, 2022 /PRNewswire/ -- Marco's Pizza, one of the nation's fastest-growing pizza brands, announces a multi-unit signed agreement that will bring six new stores to Lubbock by the end of 2023. Multi-unit expansion with existing franchisees continues to play a key role in Marco's overall growth strategy – inching closer toward its goal of becoming the No. 4 brand in pizza based on systemwide sales – including the brand's recent announcement of a 46-store development agreement.
Franchisees Mike Rogers and Justin Tarrant, who have a 12-year history with Marco's, plan to build out the Lubbock, Texas area. They are currently Area Representatives responsible for franchise development in the Dallas-Fort Worth communities which boasts 47 stores in total, with an additional eight locations in development. Mike Rogers is also an Area Representative for the 22-store Oklahoma City market, which is looking to jumpstart similar store expansion in the coming years.
Looking to expand their reach in the state of Texas, the duo sees immense opportunity in the Lubbock market, which currently does not have a Marco's presence. With vast real estate potential, a good labor market, and home to Texas Tech University, the area holds a prime opportunity for development.
Rogers and Tarrant have a strong real estate background and have already secured two leases at 6006 W Fourth Street and 6415 34th Street. These first two Marco's locations are slated to open Q3 2022, another is due to open Q4 2022, and the remaining three stores will open by the end of 2023.
"We knew timing was right to further grow our Marco's portfolio – we both have a natural growth mentality and this, paired with the performance we've been seeing with our existing stores and the whitespace potential to scale in Lubbock, made our investment decision an easy one," said Rogers.
"Over the years, we've learned to take advantage of growth potential and build while you can. Not only are we seeing strong performance in our stores, but as a brand, Marco's is experiencing record-breaking growth. If you were ever looking to invest and grow with this brand, now is that time," added Tarrant.
Marco's continues to pilot new programs – investing millions of dollars into technology and innovation – to sustain its performance. On track to reach $1B in annual systemwide sales in 2022, eager and sophisticated entrepreneurs and multi-unit operators are flocking to the franchise opportunity, as now nearly half of Marco's franchise network is made up of multi-unit owners.
"With the right team in place, we've been able to maintain aggressive growth and actualize our development goals as we expand with multi-unit franchisees – like Mike and Justin – who believe in our brand and growth potential," said Keith Sizemore, Vice President of Development for Marco's Pizza. "We continue to invest in and produce the best-in-class support tools to fuel and accelerate our growth strategy. With more than 200 stores in development, we're on the fast-track for explosive nationwide expansion."
The brand has set an aggressive expansion goal of 1,500 units by the end of 2023 as it seeks multi-unit operators throughout the United States and internationally.
Marco's experienced an 12.8% increase in year-over-year Average Unit Volume (AUV), and the Top 50% of Marco's franchised stores generated $1,198,201 AUV for 2021*. According to FRANdata, a leading research and advisory firm that analyzes the franchise market, Marco's 2021 FUND Score is in the top 1% of all evaluated franchise systems and is among the top three scores for all QSR brands.
For more information on Marco's Pizza franchise opportunities, visit https://www.marcos.com/franchising/ or call 866-731-8209.
ABOUT MARCO'S PIZZA
Marco's Pizza is America's Most Loved and Most Trusted Pizza Brand, according to the 2019 Harris Poll EquiTrend® Study. Headquartered in Toledo, Ohio, Marco's Pizza is one of the fastest-growing pizza brands in the United States. Marco's was founded in 1978 by Italian-born Pasquale ("Pat") Giammarco and thrives to deliver a high-quality pizza experience, known for its dough made from scratch and its three fresh signature cheeses. The company has grown from its roots as a beloved Ohio brand to operate over 1,000 stores in 33 states with locations in Puerto Rico and the Bahamas. Most recently, Marco's Pizza was ranked No. 2 in the Pizza category on Entrepreneur Magazine's 2022 "Franchise 500" ranking, and No. 4 in the Fastest Growing category on Restaurant Business' 2021 "Top 10 Fastest Growing Chains" ranking. Other recent accolades include a first-time presence on Newsweek's 2022 "America's Best Customer Service" in pizza chains list, ranked No. 42 on QSR's Top 50 and has been featured five consecutive years on Nation's Restaurant News' prestigious "Top 500" ranking.
*Based on the Average Unit Volume of the top 50% of our Franchised Stores for fiscal year 2021. Based on fiscal year 2021, 146 of 389 Franchised Stores in the category (38%) met or exceeded this average. This information appears in Item 19 of our 2022 FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.
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SOURCE Marco's Pizza | https://www.mysuncoast.com/prnewswire/2022/05/24/marcos-pizza-signs-multi-unit-agreement-open-six-stores-lubbock-texas/ | 2022-05-24T15:52:43Z |
Acquisition of New York-based Broker-Dealer with Approximately $40 Billion in Assets Further Positions Advisor Group as a Leader in the Independent Wealth Management Space and Broadens the Firm's Nationwide Footprint
PHOENIX, June 22, 2022 /PRNewswire/ -- Advisor Group, one of the nation's largest networks of independent wealth management firms, today announced a definitive agreement to acquire American Portfolios Financial Services, Inc. ("American Portfolios"), a full-service, independent broker-dealer and member firm of FINRA and SIPC.
Headquartered in Holbrook, N.Y., American Portfolios currently supports more than 850 financial professionals in nearly 400 branches across the country who oversee approximately $40 billion in client assets. Following the completion of the transaction – which is subject to FINRA and other regulatory approvals – the firm will become a member of the Advisor Group network and continue to do business under its own brand and maintain its current operating model.
Upon completion of the deal, Lon T. Dolber, the Chairman, CEO and President of American Portfolios, will join Advisor Group as Vice Chairman, providing counsel and expertise to Advisor Group President and CEO Jamie Price. Mr. Dolber has more than 30 years of wealth management and financial services experience.
This announcement comes after Advisor Group last month announced that it had entered into a deal to acquire Infinex Financial Holdings Inc., the holding company of a privately held broker-dealer that supports banks, credit unions and financial institution-based financial advisors and their clients.
"American Portfolios is one of the most well-established firms in its space. Lon and his team have built a distinctive business spanning 22 years. We are honored to partner with them to continue their growth," Mr. Price said. "This acquisition underscores Advisor Group's commitment to generating the right type of growth as part of a strategic framework that delivers value to all the entrepreneurial businesses we serve. Over time, we look forward to leveraging our scale and capabilities to better serve American Portfolios financial professionals and their clients."
"As we look to the future, we recognize that building scale for the advisors and practices we support will be essential to long-term sustainability. Partnering with Advisor Group will allow us to provide enhanced technology, capabilities and solutions both now and into the future," Mr. Dolber said. "The opportunity to work with a partner that understands our culture and success in helping our advisors grow and serve their clients well into the future makes good business sense, and we found that with Advisor Group and the backing of Reverence Capital Partners."
Founded in 2001, American Portfolios was formed by a group of like-minded independent financial service professionals in private practice dedicated to serving their clients by offering sound financial guidance and solid professional advice. The firm offers a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products, tax-free investing and fee-based asset management.
In addition, American Portfolios has a strong commitment to corporate social responsibility (CSR) supported by a broad charitable giving program (both in funding and engagement) that is dedicated to sustainable business practices.
"The similarities in culture and values between Advisor Group and American Portfolios make for a meaningful partnership that puts the financial professional at the center of the equation," said Greg Cornick, Advisor Group's President, Advice & Wealth Management. "This acquisition positions us for differentiated growth with partners who are leading in their space by constantly innovating and serving financial professionals with integrity."
Advisor Group, Inc., a portfolio company of Reverence Capital Partners, is the nation's largest network of independent wealth management firms, serving approximately 9,700 financial professionals and overseeing approximately $515 billion in client assets*. The firm is mission-driven to support the strategic role that financial professionals can play in the lives of their clients. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial professionals and is committed to being in their corner every step of the way. For more information visit https://www.advisorgroup.com.
Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Securities America, Inc., a broker-dealer and member of FINRA and SIPC. Advisory services are offered through Arbor Point Advisors, LLC, Ladenburg Thalmann Asset Management, Inc., Securities America Advisors, Inc., and Triad Hybrid Solutions, LLC, registered investment advisers. Advisory programs offered by FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., and Woodbury Financial Services, Inc., are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser. Advisor Group, Inc. is an affiliate of these firms. 20 E. Thomas Rd., Ste. 2000, Phoenix, AZ, 85012. 866.481.0379.
*Based on end of year 2021 data
Headquartered in Holbrook, New York, American Portfolios Financial Services, Inc. (APFS) is a full-service, independent broker/dealer and member firm of FINRA and SIPC, offering a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products and tax-free investing. Fee-based asset management is offered through its sister subsidiary, American Portfolios Advisors, Inc., (APA), an SEC Registered Investment Advisor. Both entities, along with technology entity American Portfolios Advisory Solutions, LLC, collectively reside under the legal entity American Portfolios Holdings, Inc. (APH). Full-service securities brokerage is available through a clearing firm relationship with Pershing, LLC, a BNY Mellon firm, the securities of which are held on a fully disclosed basis. The company supports independent investment professionals and their practices throughout the nation.
American Portfolios has numerous recognitions by a number of industry publications and organizations. Such acknowledgment includes: multiple Broker-Dealer of the Year* (Division III) wins by Investment Advisor magazine; multiple ThinkAdvisor LUMINARIES awards**; multiple finalist and award wins by WealthManagement.com Industry Award in multiple categories***; Corporate Citizen of the Year by Long Island Business News; multiple top placements as one of the Best Companies to Work for in the state of New York by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG); and one of the Top Long Island Workplaces.
* Based on a poll of registered representatives conducted by Investment Advisor magazine. Broker/dealers rated highest by their representatives are awarded "Broker/Dealer (B/D) of the Year."
** ThinkAdvisor LUMINARIES are selected by a distinguished and diverse panel of judges from across the advice industry, as well by the Investment Advisor editorial team.
*** Wealthmanagement.com Industry Award finalists are selected by a panel of independent judges made up of subject matter experts in the industry. Award is based on support provided to AP's affiliated people and does not reflect public customers nor their account performance.
Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets, and (5) Financial Technology/Payments. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, who collectively bring over 100 years of advisory and investing experience across a wide range of financial services sectors. For more information, please visit www.reverencecapital.com.
Media Inquiries
Joseph Kuo / Donald Cutler
Haven Tower Group
jkuo@haventower.com or dcutler@haventower.com
424 317 4851 or 424 317 4864
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SOURCE Advisor Group | https://www.kxii.com/prnewswire/2022/06/22/advisor-group-continues-strategic-growth-with-acquisition-american-portfolios-financial-services-inc/ | 2022-06-22T14:14:28Z |
- Preliminary results show levels of disease-related biomarkers remain unchanged in people living with ALS who are treated with standard of care, in contrast to the statistically significant decline in these biomarkers in patients treated in NeuroSense's Phase IIa study with PrimeC
- New biomarker data in people with ALS validates NeuroSense's clinical strategy
CAMBRIDGE, Mass., June 27, 2022 /PRNewswire/ -- NeuroSense Therapeutics Ltd. (NASDAQ: NRSN) ("NeuroSense"), a company developing treatments for severe neurodegenerative diseases, today announced results from Stage III of its biomarker study conducted in collaboration with Massachusetts General Hospital (MGH) to evaluate PrimeC, NeuroSense's lead combination drug candidate for the treatment of amyotrophic lateral sclerosis (ALS). PrimeC is currently being evaluated in NeuroSense's Phase IIb PARADIGM study following the successful conclusion of its Phase IIa study which met its primary endpoints.
The purpose of the initial ALS biomarker study (Stage I) was to characterize the baseline phenomena observed in people living with ALS. The study identified novel ALS biomarkers that are indicative of PrimeC's mechanism of action (MOA), via an analysis comparing blood samples obtained from healthy people and from people living with ALS. TDP-43 accumulation and neuroinflammation via prostagladin2 were amongst the disease-modifying targets characterized, along with miRNA dysregulation, iron accumulation, lysosomal dysfunction, and impaired autophagy.
Stage II investigated the therapeutic effect of PrimeC. In NeuroSense's Phase IIa study, blood samples were analyzed to determine the longitudinal effect of PrimeC on the biomarkers identified in Stage I. Following 12 months of administration with PrimeC, statistically significant changes in key ALS-related biomarkers were observed in study participants. Furthermore, the study established a correlation between the clinically meaningful outcomes detected and modulations in those biomarkers.
The Stage III natural history study analyzed blood samples from people living with ALS, treated with standard of care. Preliminary results show that levels of disease-related biomarkers remain steady and unchanged in people living with ALS, in contrast to the statistically significant decline portrayed in these biomarkers when PrimeC was administered in addition to the standard of care. Stage III results further confirmed PrimeC's MOA, and expanded insight into ALS-related biomarkers and their correlation to the progression of ALS symptoms.
"These results are very encouraging, especially in that they validate NeuroSense's clinical strategy. The biomarker study, along with the data we collect from our Phase IIb study, will inform the optimization of a pivotal Phase III study of PrimeC in ALS," stated NeuroSense's CEO, Alon Ben-Noon. "NeuroSense is honored to collaborate with the world-class MGH team on this critical study."
"NeuroSense remains at the forefront of biomarker research with the inclusion of a comprehensive portfolio of biomarkers in our Phase IIb study. This is essential in exploring mechanistic associations in ALS," stated Dr. Shiran Zimri, Head of Scientific Programs at NeuroSense. "The use of neuronal derived exosomes (NDE), a cutting-edge technology, allows one to observe key alterations in biomarkers found in the central nervous system. We look forward to sharing more detailed results at the upcoming World Orphan Drug Congress in Boston, Massachusetts on July 11-13th."
About PrimeC
PrimeC, NeuroSense's lead drug candidate is a combination therapy that was granted Orphan Drug Designation by the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA). NeuroSense completed a Phase IIa clinical study which successfully met its safety and efficacy endpoints including reducing functional and respiratory deterioration and statistically significant changes in ALS-related biological markers indicating PrimeC's biological activity. Through a collaboration with Massachusetts General Hospital in Boston on novel Neuron-Derived Exosomes (NDEs), NeuroSense is working to further analyze the results and correlations to the clinical data, to determine the biological changes in ALS-related pathologies and the magnitude of the effect of PrimeC on relevant targets.
About ALS
Amyotrophic lateral sclerosis (ALS) is an incurable neurodegenerative disease that causes complete paralysis and death within 2-5 years from diagnosis. Every year, more than 5,000 patients are diagnosed with ALS in the U.S. alone, with an annual disease burden of $1 billion. The number of patients with ALS is expected to grow 24% by 2040 in the U.S. and EU.
About NeuroSense
NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company focused on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases. NeuroSense believes that these diseases, which include amyotrophic lateral sclerosis (ALS), Alzheimer's disease and Parkinson's disease, among others, represent one of the most significant unmet medical needs of our time, with limited effective therapeutic options available for patients to date. Due to the complexity of neurodegenerative diseases and based on strong scientific research on a large panel of related biomarkers, NeuroSense's strategy is to develop combined therapies targeting multiple pathways associated with these diseases.
For additional information, we invite you to visit our website and follow us on LinkedIn and Twitter.
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on NeuroSense Therapeutics' current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding the company's PrimeC development program; the potential for PrimeC to safely and effectively target ALS; preclinical and clinical data for PrimeC; the timing of current and future clinical trials; the nature, strategy and focus of the company and further updates with respect thereto; and the development and commercial potential of any product candidates of the company. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Forward-looking statements contained in this announcement are made as of this date, and NeuroSense Therapeutics Ltd. undertakes no duty to update such information except as required under applicable law.
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SOURCE NeuroSense | https://www.wibw.com/prnewswire/2022/06/27/neurosense-therapeutics-reports-positive-results-stage-iii-als-biomarker-study/ | 2022-06-27T14:02:29Z |
SodaStream Art review
If you go through sparkling water quickly, it makes sense to use a soda maker. Soda makers can save money and reduce plastic usage. The SodaStream Art is a sleek-looking sparkling water maker that’s completely manual, so you can use it anywhere. It uses quick-connect CO2 technology to make sparkling water in seconds.
SodaStream claims one of its units can save thousands of plastic bottles. It also states this unit is energy-efficient.
We wanted to find out if the SodaStream Art lives up to the hype. We sent it to one of our testers, and this is what we discovered.
Testing the SodaStream Art
At BestReviews, we have a group of testers who try out products in their homes over a number of weeks. This lets us see how products really perform outside of a controlled lab environment. In this case, our tester had experience using an older SodaStream, so they were able to see how this model measured up.
What is the SodaStream Art?
The SodaStream Art is a seltzer maker that uses compact canisters of carbon dioxide to turn still tap water into sparkling water. You can drink this water as is, or you can add syrups and flavorings to make your own sodas or flavored seltzer.
SodaStream Art price and where to buy
The SodaStream has a recommended retail price of around $130, but you can find it for around $100-$110. It’s available from Amazon, Sur La Table, Kohl’s and Macy’s.
How to use SodaStream Art
The SodaStream Art is extremely simple to use. Just make sure to wash the bottle before you get started. Then, fit the CO2 cylinder into place.
Next, fill the bottle with cold tap water up to the fill line. Slot the bottle into the machine and pull the lever down, hold it for one second and then release. The instructions state to pull it three times for standard fizz or five times for strong fizz. It may take a little experimentation, but you’ll soon learn your preferred level of carbonation.
SodaStream Art benefits
Easy to adjust carbonation
If you want to adjust the fizziness of your water, simply pull the lever more or fewer times. This gives you complete control of how carbonated your beverage ends up.
Attractive design
The SodaStream Art has a compact, retro design that looks great in any kitchen. It took up very little counter space and fit easily underneath our wall cabinets.
No electricity needed
This soda maker is completely manual, so you don’t need to worry about positioning it close to an outlet.
SodaStream Art drawbacks
Needs quick-connect CO2 cylinders
This model uses a different type of CO2 cylinder from older SodaStream models. Rather than the standard blue canister that screws in place, the Art uses a pink, quick-connect cylinder. This can be frustrating if you already have several of the older cylinders in stock.
Some durability issues
Although we didn’t have any issues with the durability of this product, we’ve seen a handful of reviews where the unit broke after a few days or a few weeks. While these are likely anomalies, it’s still worth noting. Thankfully, SodaStream will provide a replacement if this happens.
Should you get the SodaStream Art?
If you’re in the market for a seltzer maker, the SodaStream Art should be at the top of your list. It lives up to the manufacturer’s claims that it’s energy-efficient, and the quick-connect CO2 system is a breeze to use.
Consider other products
SodaStream Aqua Fizz Sparkling Water Machine
This manual soda maker uses a glass carafe, which is perfect for buyers who prefer not to drink from plastic bottles.
Sold by Amazon, Kohl’s and Macy’s
SodaStream Fizzi One-Touch Sparkling Water Machine
Since it’s powered by electricity, you can carbonate water at the press of a button. It offers three levels of fizziness to choose from.
If you’re serious about seltzer, this stainless steel carbonator is extremely durable and looks great out on the counter. It uses cylinders that have 100% renewable CO2.
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
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Lauren Corona writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/kitchen-br/specialty-br/sodastream-sparkling-water-maker-review-how-does-the-sodastream-art-measure-up-to-previous-models/ | 2022-08-23T20:40:05Z |
YANGZHOU, China, Aug. 1, 2022 /PRNewswire/ -- Meihua International Medical Technologies Co., Ltd. ("MHUA" or the "Company") (NASDAQ: MHUA), a reputable manufacturer and provider of Class I, II and III disposable medical devices with operating subsidiaries in China, today reported its financial results for the fiscal year ended December 31, 2021. All amounts are in U.S. dollars.
Fiscal year 2021 highlights:
- Revenue increased by 16.82% to $104.04 million for the year ended December 31, 2021, from $89.06 million for the year ended December 31, 2020.
- Gross profit increased by 7.13% to $39.81 million for the year ended December 31, 2021, from $37.16 million for the year ended December 31, 2020.
- Gross margin slightly decreased to 38.26% for the year ended December 31, 2021, from 41.72% for fiscal year 2020.
- Income from operations increased by 7.80% to $25.30 million for the year ended December 31, 2021, from $23.47 million for the year ended December 31, 2020.
- Net income increased by 4.99% to $20.00 million for year ended December 31, 2021 from $19.05 million for the year ended December 31, 2020.
Mr. Yongjun Liu, Chairman of the Company, commented: "During the past year COVID-19 still hangs over the world and poses many new challenges and opportunities to the economy and the medical industry in various countries. Thanks to our extensive product offerings, a strong upstream and downstream supply chain system and technical upgrades to our equipment and production capacity, our total sales increased to more than $100 million, representing a growth rate of more than 16% from 2020. We continue to place great importance on maintaining healthy cash flow reserves in the context of improving both our production and marketing capacity. Our strong cash reserves of more than $8 million as of end of last year, and the $36 million in proceeds raised from our successful IPO in February 2021 makes us confident we can further improve our production efficiency and new product research and development, especially in response to the COVID-19 infection cases in Shanghai and other regions since the first quarter of 2022. The Company has also increased a new production line of COVID-19 testing products. As another wave of the new coronavirus variant broke out, international and domestic orders have shown a continuous growth trend.
"Under our core value that 'science and technology lead production,' we plan to complete the construction of a new factory for the production of coronavirus detection and prevention products this year. In this way we can continue to maintain and expand our leading position in the industry in this environment as the spread and variation of the pandemic continues. We believe that the ongoing strategy of new product development and production capacity upgrades will further distinguish Meihua from a segmented market and enable us to become one of the world's leading medical device suppliers in the next few years. At the same time, we will continue to monitor the changing market conditions in order to timely optimize our operation strategies and maintain rapid growth post-pandemic and create stable and long-term value returns for investors.
"As a medical device manufacturer with a leading position in the industry and a long history of more than 30 years, while developing at a high speed, we still adhere to a strict pursuit of product quality and production safety. Regardless of the type of products and their margins, the company uses a unified high standard of production and services. Because Meihua's products concern human life and health, we can't tolerate any carelessness. After the ups and downs of 2021, the company continues to maintain its commitment to the development and scientific research of new products, improve our production efficiency, and win long-term sustainable growth with high-quality after-sales service. We are dedicated to playing an important role in the global medical device supply chain."
Mr. Yulin Wang, CEO and interim CFO of the Company, commented: "Overall, we achieved solid revenue growth in fiscal year 2021 and greatly optimized the Company's operational efficiency with our net income expanding by nearly 5% to $20 million for the past year. As we advance, we will continue our commitment to building robust product capabilities, making them our core strengths that drive our Company to meet people's growing needs for a better life.
"With our strong cash position we are confident in the sustainable profitability of all of our core key businesses, which maintained a strong gross margin at about 40% over the past two years, as well as the growth and profit potential of our new initiatives. The Company's management team will continue to work together to seek profitable growth. We believe our continued commitment to high quality products and operational efficiency will generate more value for our customers, society and shareholders over the long term.
"The Covid-19 outbreak posed some challenges to the Company's financial works that led to a slight delay in the reporting of our financial results. But we quickly adjusted and resolved all issues. Meihua will deliver sustainable growth and provide timely update on our business to cement investor confidence in the future."
Fiscal Year 2021 Financial Results
The following table sets forth a summary of our consolidated results of operations for the periods presented:
Revenues
Revenues increased by $14.98 million or approximately 16.82%, to $104.04 million for the year ended December 31, 2021 from $89.06 million for the year ended December 31, 2020. The increase was mainly due to the company's business expansion, research and development of new products, and development of new customers.
Cost of revenues
Cost of revenues primarily include cost of materials, direct labors, overhead, and other related incidental expenses that are directly attributable to the Company's principal operations. Cost of revenue increased by $12.33 million to $64.23 million for the year ended December 31, 2021 from $51.90 million for the year ended December 31, 2020. The increase was mainly attributable to the increased sales in fiscal year 2021.
Gross profit and margin
Gross profit increased by $2.65 million or approximately 7.13%, to $39.81 million for the year ended December 31, 2021 from $37.16 million for the year ended December 31, 2020. Gross margin slightly decreased to 38.26% for the year ended December 31, 2021, from 41.72% for fiscal year 2020. The higher gross profit margin in fiscal 2020 was mainly attributable to much higher selling prices and increased gross margin for medical masks as a result of COVID-19 in fiscal year 2020. The price of medical masks fell back to normal levels as a result of increased supply in fiscal 2021, which brought down the overall gross profit margin.
Operating costs and expenses
Our operating costs and expenses, consisting of selling expenses, general and administrative expenses and research and development expenses, increased by $0.81 million or approximately 5.92%, to $14.50 million for the year ended December 31, 2021 from $13.69 million for the year ended December 31, 2020.
Selling expenses decreased by 2.42% to $6.46 million for the year ended December 31, 2021 from $6.62 million for the year ended December 31, 2020. The decrease was mainly attributable to the combined effects of the followings:
- The Company did not conduct additional market research in fiscal year 2021 as market research activities incurred in fiscal year 2020 were still valid. Market research expenses were nil in fiscal year 2021 as compared to $579,357 in fiscal year 2020.
- The increase in sales led to an increase of $329,025 in transportation expenses for fiscal year 2021 to $2.80 million.
- Salaries and benefits expenses increased by $176,995 to $1.29 million for the year ended December 31, 2021. The increase was mainly attributable to the COVID-19 pandemic in China had been brought under control and the local government had canceled the social insurance relief policy.
- Entertainment expenses decreased $83,365 to $0.79 million for the year ended December 31, 2021. The decrease was mainly attributable to the fact that Yangzhou City in the PRC had been under lockdown for some period due to the epidemic in fiscal 2021, so the relevant business entertainment expenses were reduced.
General and administrative expenses increased by $742,235 to $5.32 million for the year ended December 31, 2021, from $4.58 million for the year ended December 31, 2020. The increase was mainly due to the $0.96 million investor relations service fee incurred in fiscal year 2021.
Research and development expenses increased by approximately 9.64%, to $2.73 million for the year ended December 31, 2021, from $2.49 million for the year ended December 31, 2020. The increase was mainly due to the increase in salaries and benefits expenses which was mainly attributable to the pandemic in China having been brought under control and the local government having canceled the social insurance relief policy that had been in place during the height of the pandemic.
Income from operations
As a result of the factors described above, our income from operations increased by $1.84 million, or approximately 7.80%, to $25.30 million for the year ended December 31, 2021 from $23.47 million for the year ended December 31, 2020.
Net income
As a result of the factors described above, our net income increased by $945,991, or approximately 4.99%, to $20.00 million for the fiscal year ended December 31, 2021 from $19.05 million for the fiscal year ended December 31, 2020.
Cash
Cash was $8.15 million as of December 31, 2021, reflecting an increase of $0.96 million from $7.19 million as of December 31, 2020.
Recent developments
On February 19, 2022, the Company announced the closing of its initial public offering (the "Offering") of 3,940,000 ordinary shares at a public offering price of $10.00 per ordinary share (the "Ordinary Shares") including 340,000 Ordinary Shares issued pursuant to the partial exercise of the underwriters' over-allotment option, for aggregate gross proceeds of $39.4 million before deducting underwriting discounts and commissions and offering expenses. The Offering, which was conducted on a firm commitment basis, closed on February 18, 2022 and the Company's Ordinary Shares began trading on February 16, 2022 on The Nasdaq Global Market under the ticker symbol "MHUA."
About Meihua International Medical Technologies Co., Ltd.
Meihua International Medical Technologies is a reputable manufacturer and provider of Class I, II, and III disposable medical devices with operating subsidiaries in China. The Company manufactures and sells Class I disposable medical devices, such as eye drops bottle, medicine bottles and anal bags, and Class II and III disposable medical devices, such as identification tape, gynecological examination kits, inspection kits, surgical kits, medical brushes, medical dressing, masks, disposable infusion pumps, electronic pumps, puncture kits, under its own brands and also distributes such disposable medical devices sourced from other manufacturers. The Company has received international "CE" certification and ISO 13485 system certification and has also registered with the FDA (registration number: 3006554788) for over 20 products. The Company has served hospitals, pharmacies, medical institutions and medical equipment companies for over 30 years, providing more than 800 types of products for domestic sales, as well as 120 products which are exported to more than 30 countries internationally across Europe, North America, South America, Asia, Africa and Oceania. For more information, please visit: www.meihuamed.com.
Forward-Looking Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Investor Relations
EverGreen Consulting Inc.
Ms. Janice Wang, Managing Partner
Email: IR@changqingconsulting.com
Phone: +1 470 940 3308 (from U.S.)
+86 13811768559 (from China)
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SOURCE Meihua International Medical Technologies Co., Ltd. | https://www.kxii.com/prnewswire/2022/08/01/meihua-international-medical-technologies-co-ltd-reports-2021-financial-year-results/ | 2022-08-01T11:29:32Z |
STILLWATER, Okla., Aug. 30, 2022 /PRNewswire/ -- The United States Special Operations Command (USSOCOM), Science and Technology Directorate recently awarded Berry Aviation, Inc. a $1.45M contract to design and develop a new Group 1 Unmanned Autonomous System (UAS) for Special Operations Forces (SOF). The design employs a variety of advanced technologies that deliver solutions uniquely suited to SOF members operating in contested environments. Dr. Rick Gaeta, Vice President, and Chief Technology Officer (CTO) for Berry Aviation's UAS Division stated the company is, "excited to undertake such a meaningful task to develop a highly capable and resilient UAS platform for our SOF warfighters." The new contract award adds to the significant growth experienced by Berry Aviation's UAS division which operates from Stillwater, Oklahoma and employs 21 personnel across the state.
Berry Aviation, Inc., a member of Acorn Growth Companies, is headquartered in San Marcos, TX. With nearly 40 years of experience in the aviation industry, Berry Aviation operates a broad portfolio of specialized aviation solutions that includes Government Services, On-Demand Cargo, Unmanned Aerial Systems, ISR, and Passenger Operations, Part 135 Aerial Delivery, Part 135 Fixed Wing Night Vision Flight, and Part 135 Air Ambulance, MEDEVAC and CASEVAC. The company is a certified as an FAA and EASA Part 145 Repair Station and is medically accredited by NAAMTA and CAMTS.
Acorn Growth Companies (AGC) is a middle market private equity firm focused exclusively on Aerospace, Defense, Space, and Intelligence. Acorn invests solely in operating companies that strive to enhance global mobility and protect national interests. Acorn has a formidable reputation in the industry and is recognized for its deep understanding of the Aerospace, Defense, Space, and Intelligence markets, with proprietary access to the best companies within these sectors. With operational expertise and its ability to lead and manage investments through variable economic and industry cycles, Acorn works in tandem with management to build its portfolio companies into significant market leaders. More information can be found at AcornGrowthCompanies.com
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SOURCE Berry Aviation, Inc. | https://www.wibw.com/prnewswire/2022/08/30/berry-aviation-awarded-rampd-contract-develop-next-generation-uas-platform-americas-special-operators/ | 2022-08-30T14:21:10Z |
ATLANTA – Secretary of State Brad Raffensperger condemned the appointment of Karine Jean-Pierre as White House press secretary in light of revelations that she pushed stolen election conspiracy theories following the 2018 Georgia gubernatorial election. Raffensperger further called on President Biden to refuse election deniers prominent positions in the White House.
“Baseless stolen election claims undermine the integrity of our elections, regardless of who pushes them,” Raffensperger said in a news release. “President Biden has repeatedly cast doubt on Georgia’s elections: first in his claim that the 2022 elections would not be legitimate unless his federal elections takeover passed, then by nominating a 2018 stolen elections conspiracy theorist to the Federal Election Commission, and now by appointing a stolen elections conspiracy theorist as press secretary. By giving a megaphone to individuals who undermine election results they don’t like, President Biden is doing great damage to American democracy.”
On May 5, 2022, President Biden appointed Karine Jean-Pierre as White House Press Secretary. Before joining the White House, Pierre spread stolen election conspiracy theories related to Georgia’s 2018 gubernatorial election.
On April 2, 2020, about 1.5 years after the November 2018 elections, Pierre shared an article about Gov. Brian Kemp and commented, “Reminder: Brian Kemp stole the gubernatorial election from Georgians and Stacey Abrams.”
On March 12, 2019, Pierre responded to a Tweet that said “there was massive voter suppression and cheating” in the 2018 gubernatorial election, writing, “Yes – the race was stolen.”
In fact, Brian Kemp beat Stacey Abrams by 55,000 votes. Abrams has still not conceded the race. To date, Abrams has presented no evidence that any specific voters were not able to cast ballots in the November 2018 elections because of “voter suppression.” Additionally, Abrams has presented no evidence that there was “massive cheating” in the 2018 elections.
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BUENOS AIRES, Argentina, July 18, 2022 /PRNewswire/ -- Pampa Energía S.A. ("Pampa" or the "Company") today announced its decision to amend the terms and conditions of its exchange offer memorandum dated June 16, 2022 (together with the modifications made through the announcement made by Pampa on July 7, 2022, the "Exchange Offer Memorandum"). Capitalized terms used herein and not otherwise defined shall have the meaning ascribed to them in the Exchange Offer Memorandum.
The Company has revised the terms and conditions of the Exchange Offer Memorandum to:
Update the cover page of the Exchange Offer Memorandum
The Company has revised the table in the cover page of the Exchange Offer Memorandum as follows, to reflect the amendments to the terms and conditions of the Exchange Offer described in this announcement hereinafter. Bold italic text denotes additions while strike-through text indicates deletions:
Pampa Energía S.A.
Offer to Exchange
any and all of our outstanding
7.375% Notes due 2023
for the applicable amount of
9.500%
Notes due 2026 and Cash (as applicable)
Increase the interest rate on the New Notes
Interest on the New Notes will accrue at a rate of 9.500% per year.
Amend the Early A Consideration
Upon the terms and subject to the conditions set forth in the Exchange Offer Memorandum, Eligible Holders of Old Notes validly submitting tenders at or prior to the Early Participation Date in exchange for the Early A Consideration will receive a combination of the Early A Pro-Rata Cash Consideration and Early A New Notes Consideration (as defined below), or solely the Early A Pro-Rata Cash Consideration depending on the amount of Old Notes tendered pursuant to Option A at or prior to the Early Participation Date, such that the total Early A Consideration per US$1,000 principal amount of Old Notes validly tendered and accepted for exchange will be equal to US$1,020 (the "Early A Consideration").
The Early A New Notes Consideration for each Eligible Holder whose Old Notes are accepted for exchange under Option A at or prior to the Early Participation Date will be New Notes in a principal amount equal to the difference between US$1,020 and the Early A Pro-Rata Cash Consideration received by each such Eligible Holder (the "Early A New Notes Consideration").
Amend the Early B Consideration
Upon the terms and subject to the conditions set forth in the Exchange Offer Memorandum, tenders of Old Notes submitted under Option B at or prior to the Early Participation Date will receive US$1,030 principal amount of New Notes for each US$1,000 principal amount of Old Notes validly tendered and accepted for exchange (the "Early B Consideration").
Extend the Early Participation Date
Pampa announces that it is extending the period to be eligible to receive the Early Exchange Consideration in respect of the Exchange Offer from the previously announced early participation date of 11:59 p.m., New York City time, on July 20, 2022 (the "Old Early Participation Date") to 11:59 p.m., New York City time, on July 29, 2022 (the "Early Participation Date"). Pampa also announces that it is extending the expiration date from the previously announced expiration date of 11:59 p.m., New York City time, on July 20, 2022 (the "Old Expiration Date") to 11:59 p.m., New York City time, on July 29, 2022 (the "Expiration Date").
For the avoidance of doubt, the Early Participation Date and the Expiration Date are the same. Therefore, Eligible Holders who validly tender their Old Notes on or prior to 11:59 p.m., New York City time, on July 29, 2022 will be eligible to receive the Early Exchange Consideration.
Upon the terms and subject to the conditions set forth in the Exchange Offer Memorandum, Eligible Holders that as of the date hereof have validly tendered Old Notes must not undertake any further action to be eligible to receive the Early Exchange Consideration.
As previously announced, the Withdrawal Date expired on July 6, 2022 at 5:00 p.m., New York City time. Old Notes validly tendered pursuant to the Exchange Offer prior to the date hereof or henceforth and prior to the Expiration Date may not be withdrawn.
Other amendments
The following modifications are made to the initial paragraphs under section "Description of the Notes—Redemption and Repurchase—Redemption at the Company's option" of the Exchange offer Memorandum. Bold italic text denotes additions while strike-through text indicates deletions:
Prior to December 8, 2024, (24 months prior to their maturity date), the Company may redeem the notes at its option, in whole or in part, at any time and from time to time at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the notes
and such principal payment is multiplied by the Redemption Factor, as defined below
) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 50 basis points less (b) interest accrued to the date of redemption, and
(2) 100% of the principal amount of the notes to be redeemed,
plus, in either case, accrued and unpaid interest thereon to the redemption date.
"Redemption Factor" shall mean 1.03015, which is equal to the sum of 0.33 x 100.00% and 0.67 x 104.50%.
The following modification is made to the Significant Subsidiary definition. Bold italic text denotes additions while strike-through text indicates deletions:
"Significant Subsidiary" means, at any relevant time, any of the Company's Subsidiaries which is a "significant subsidiary" of the Company within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC, as in effect on the
Issue Date
.
********
Except to the extent specifically provided for herein, all terms of the Exchange Offer contemplated in the Exchange Offer Memorandum and all other disclosures set forth in the Exchange Offer Memorandum and the annexes thereto remain unchanged.
Unless the Exchange Offer is extended, the settlement date for the Exchange Offer is expected to be August 8, 2022, in compliance with the approval received from the Argentine Central Bank to access the foreign exchange market starting on August 1, 2022, for purposes of obtaining the U.S. dollars required to pay the Total Cash Consideration (the "Settlement Date").
Only holders who have returned a duly completed Eligibility Letter certifying that they are (1) "qualified institutional buyers" ("QIBs") as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), (2) holders of Old Notes other than "U.S. persons" (as defined in Rule 902 under the Securities Act) who are located outside of the United States, who are qualified offerees in other jurisdictions and who are not Argentine Entity Offerees (as defined in the Eligibility Letter) or Non-Cooperating Jurisdiction Offerees (as defined in the Eligibility Letter), (3) "non-U.S. persons" who are Argentine Entity Offerees, (4) "non-U.S. persons" who are Non-Cooperating Jurisdictions Offerees, or (5) "non-U.S. persons" who are Eligible Canadian Holders (as defined in the Eligibility Letter), are authorized to receive the Exchange Offer Memorandum and to participate in the Exchange Offer (such holders, "Eligible Holders"); provided that Argentine Entity Offerees and Non-Cooperating Jurisdiction Offerees may not participate in the Exchange Offer unless they also complete, sign and submit the Letter of Transmittal to the Information and Exchange Agent.
None of the Company, its board of directors, the Dealer Managers (as defined below), the Local Placement Agents, the Old Notes Trustee, the Representative of the New Notes Trustee in Argentina, or the Information and Exchange Agent makes any recommendation as to whether or not Eligible Holders of Old Notes should exchange their Old Notes in the Exchange Offer.
D.F. King & Co, Inc., is acting as information and exchange agent for the Exchange Offer (the "Information and Exchange Agent"). Questions or requests for assistance related to the Exchange Offer or for additional copies of the Exchange Offer Documents may be directed to the Information and Exchange Agent at (877) 732-3617 (toll free) or (212) 269-5550 (bankers and brokers). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offer. The Exchange Offer Memorandum is available to Eligible Holders upon request at www.dfking.com/pampa until the consummation or termination of the Exchange Offer.
Citigroup Global Markets Inc. and Santander Investment Securities are acting as the Joint Global Coordinators and Lead Dealer Managers (the "Joint Global Coordinators and Lead Dealer Managers") for the Exchange Offer. BNP Paribas Securities Corp., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC are acting as the Joint Dealer Managers (the "Joint Dealer Managers" and, together with the Joint Global Coordinators and Lead Dealer Managers, the "Dealer Managers") for the Exchange Offer. Banco de Galicia y Buenos Aires S.A.U., Industrial and Commercial Bank of China (Argentina) S.A.U and Banco Santander Argentina S.A are acting as local placement agents.
Subject to applicable law, the Exchange Offer may be amended in any respect, extended or, upon failure of a condition to be satisfied or waived prior to the Expiration Date or Settlement Date, as the case may be, terminated, at any time and for any reason. Although we have no present plans or arrangements to do so, we reserve the right to amend, at any time, the terms of the Exchange Offer (including, without limitation, the conditions thereto) in accordance with applicable law. We will give Eligible Holders notice of any amendments and will extend the Expiration Date if required by applicable law.
Eligible Holders of Old Notes are advised to check with any bank, securities broker or other intermediary through which they hold Old Notes as to when such intermediary would need to receive instructions from an Eligible Holder in order for that Eligible Holder to be able to participate in, or withdraw their instruction to participate in, the Exchange Offer before the deadlines specified in the Exchange Offer Documents. The deadlines set by any such intermediary for the submission of instructions will be earlier than the relevant deadlines specified above.
Important Notice
This announcement is not an offer of securities for sale in the United States, and none of the New Notes has been or will be registered under the Securities Act or any state securities law. They may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act. This press release does not constitute an offer of the New Notes for sale, or the solicitation of an offer to buy any securities, in any state or other jurisdiction in which any offer, solicitation or sale would be unlawful. Any person considering making an investment decision relating to any securities must inform itself independently based solely on an offering memorandum to be provided to eligible investors in the future in connection with any such securities before taking any such investment decision.
This announcement is directed only to holders of Old Notes who are (A) "qualified institutional buyers" as defined in Rule 144A under the Securities Act or (B) (x) outside the United States as defined in Regulation S under the Securities Act, (y) if located within a Member State of the European Economic Area ("EEA") or in the United Kingdom, "qualified investors" as defined in Regulation (EU) 2017/1129 (the "Prospectus Regulation") and (z) if outside the EEA or the UK, are eligible to receive this offer under the laws of its jurisdiction. No offer of any kind is being made to any beneficial owner of Old Bonds who does not meet the above criteria or any other beneficial owner located in a jurisdiction where the Exchange Offer Solicitation is not permitted by law.
The distribution of materials relating to the Exchange Offer may be restricted by law in certain jurisdictions. The Exchange Offer is void in all jurisdictions where it is prohibited. If materials relating to the Exchange Offer come into your possession, you are required by the Company to inform yourself of and to observe all of these restrictions. The materials relating to the Exchange Offer, including this communication, do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the Exchange Offer be made by a licensed broker or dealer and a dealer manager or any affiliate of a dealer manager is a licensed broker or dealer in that jurisdiction, the Exchange Offer shall be deemed to be made by the dealer manager or such affiliate on behalf of the Company in that jurisdiction.
Forward-Looking Statements
All statements in this press release, other than statements of historical fact, are forward-looking statements. These statements are based on expectations and assumptions on the date of this press release and are subject to numerous risks and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements. Risks and uncertainties include, but are not limited to, market conditions, and factors over which the Company has no control. The Company assumes no obligation to update these forward-looking statements, and does not intend to do so, unless otherwise required by law.
Notice to Investors in the European Economic Area and the United Kingdom
The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA"). For these purposes, (a) a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97 (the "Insurance Distribution Directive"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (the "Prospectus Regulation"); and (b) the expression "offer" includes the communication in any form and by any means of sufficient information on the terms of the offer and the New Notes to be offered so as to enable an investor to decide to subscribe for the New Notes. Consequently, no key information document required by Regulation (EU) 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the New Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore otherwise offering or selling the New Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the United Kingdom. For these purposes: (a) the expression retail investor means a person who is one (or more) of the following: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (EUWA); or (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (as amended, the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA and (iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA; and (b) the expression an offer includes the communication in any form and by any means of sufficient information on the terms of the offer and the Notes to be offered so as to enable an investor to decide to subscribe for the New Notes. Consequently no key information document required by Regulation (EU) No 1286/2014 as it forms part of domestic law by virtue of the EUWA (the "UK PRIIPs Regulation") for offering or selling the New Notes or otherwise making them available to retail investors in the UK has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.
The Information and Exchange Agent for the Exchange Offer Solicitation is:
D.F. King & Co., Inc.
48 Wall Street
New York, NY 10005
Banks and Brokers call: (212) 269-5550
Toll free: (877) 732-3617
Confirmation: (212) 232-3233
Email: pampa@dfking.com
Website: www.dfking.com/pampa
By Mail, by Overnight Courier, or by Hand: By Facsimile Transmission:
48 Wall Street (for Eligible Institutions only)
New York, NY 10005 (212) 709-3328
Any question regarding the terms of the Exchange Offer should be directed to the Dealer Managers.
The Joint Global Coordinators and Lead Dealer Managers for the Exchange Offer are:
Citigroup Santander
The Joint Dealer Managers for the Exchange Offer are:
BNP PARIBAS HSBC J.P. Morgan
The Exchange Offer Memorandum is available to Eligible Holders upon request at www.dfking.com/pampa until the consummation or termination of the Exchange Offer.
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SOURCE Pampa Energía S.A. | https://www.wibw.com/prnewswire/2022/07/19/pampa-energa-sa-announces-amendment-exchange-offer-memorandum/ | 2022-07-19T01:23:59Z |
BRUSSELS (AP) — Former Ecuador president Rafael Correa said the political asylum he has been granted in Belgium is proof he is persecuted by his country’s authorities and did not rule out a return to politics in an interview with The Associated Press on Monday.
Correa, who in 2020 was found guilty of corruption and sentenced to eight years in prison in absentia, has been living in his wife’s native Belgium since 2017.
Though Ecuadorian authorities have demanded his arrest and extradition previously, thus far he has been allowed to stay in Belgium.
Ecuador’s National Court of Justice sent a new extradition request for Correa last week, but it has since emerged that the Belgian Commissioner General for Refugees and Stateless Persons granted the former head of state asylum, with the status of refugee.
The agency has issued a certificate dated April 15 that has been seen by the AP.
Correa said he can now travel safely across the world, except in Ecuador.
“I give conferences, I give economic advice, so I have to travel to work, to get an earning,” he said.
Correa said the only way for him to stop what he perceives as political persecution would be to hold an elected position again.
“So if I need to return to my country to win the election, I should do that,” he said.
Ecuador’s National Court of Justice president Iván Saquicela said last week that he signed the order initiating the extradition process in relation with Correa’s sentencing in the corruption case. At the time, prosecutors said the former president oversaw a plot in which foreign and local businesses made cash payments to his now defunct Alianza PAIS political party in exchange for lucrative public works contracts.
Correa keeps denying any wrongdoing and presents himself as the victim of political witch hunt.
“We are persecuted people, not corrupted people,” Correa said, adding that he and his family have been harassed since he moved to Belgium.
Correa, who identifies with the Latin American left-wing movement, left power in May 2017 after a decade at the helm of the Andean country.
He has since been wanted for extradition three times, once after being found guilty in a kidnapping case of one of his opponents and twice for the same bribery case.
Correa’s lawyer, Christophe Marchand, said the asylum application was filed because the former head of State was targeted for political reasons.
“It’s not easy to get the status of political refugee for a former head of state,” Marchand said. “We had to convince them that we were confronted to an utterly serious problem related to justice independence in Ecuador.” | https://cw33.com/news/international/ap-international/exiled-ex-ecuador-president-doesnt-exclude-political-return/ | 2022-04-25T23:07:42Z |
HAMBURG, Germany, May 30, 2022 /PRNewswire/ -- TYAN®, an industry-leading server platform design manufacturer and MiTAC Computing Technology Corporation subsidiary, brings its latest server platforms powered by 3rd Gen Intel® Xeon® Scalable processors optimized for HPC and AI markets at ISC 2022 from May 30th to June 1st, booth#D400 in Hamburg, Germany.
"The HPC market growth is heavily driven by new technologies and the increasing application of big data analytics. This is creating the need for better computing infrastructure to process large volumes of data available in the market", said Danny Hsu, Vice President of MiTAC Computing Technology Corporation's Server Infrastructure Business Unit. "TYAN's HPC server platforms are based on 3rd Gen Intel Xeon Scalable processors which are foundational to help businesses and organizations accelerate the development of the next-generation HPC and AI system architectures."
Leading-edge HPC systems optimized to accelerate compute-intensive workloads and HPC deployments
TYAN's Thunder HX FT83A-B7129 is a 4U dual-socket supercomputer supporting up to ten high-performance GPU cards. Powered by dual 3rd Gen Intel Xeon Scalable processors and 32 DDR4 DIMM slots, the FT83A-B7129 platform provides outstanding heterogeneous computing power for a variety of GPU-based scientific high performance computing, AI training, inference, and deep learning applications. The system offers twelve 3.5-inch tool-less drive bays with up to four U.2 NVMe devices.
The Thunder HX FT65T-B5642 is a 4U single-socket pedestal server built for smaller HPC workloads that need large computing power at the deskside. The system features a single 3rd Gen Intel Xeon Scalable processor, eight DDR4-3200 DIMM slots, eight 3.5-inch SATA, and two NVMe U.2 hot-swap, tool-less drive bays. The FT65T-B5642 supports two double-wide PCIe 4.0 x16 slots for GPUs to accelerate HPC applications.
The Thunder SX TS65-B7126 is a 2U dual-socket hybrid storage server designed for software-defined storage applications. The system features 16 DDR4-3200 DIMM slots, twelve 3.5-inch SATA hot-swap, tool-less drive bays with support for up to four NVMe U.2 devices, and two rear 2.5-inch hot-swap, tool-less SATA drive bays for boot drive deployment.
The Tempest HX S7120 is a mainstream server motherboard in SSI EEB (12" x 13.1") form factor designed for HPC applications. The standard motherboard supports dual 3rd Gen Intel Xeon Scalable processors, 16 DDR4-3200 DIMM slots, dual 10GbE or GbE onboard network connections, three PCIe 4.0 x16, and two NVMe M.2 slots.
TYAN's Tempest CX S5560 is a server motherboard designed in Micro-ATX form factor supporting a single Intel® Xeon® E-2300 processor, four DDR4-3200 DIMM slots, three PCIe slots, up to eight SATA 6G ports, two NVMe M.2 slots, and dual 10GbE onboard LAN ports. The motherboard is ideal for multi-access edge computing servers in 5G networks and service access servers in a CSP environment.
Join TYAN booth at ISC 2022, booth#D400 or ISC Digital 2022 at: https://bit.ly/3FhIAYO
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SOURCE MiTAC Computing Technology Corporation | https://www.kxii.com/prnewswire/2022/05/30/tyan-highlights-optimized-hpc-platforms-accelerate-compute-intensive-applications-isc-2022/ | 2022-05-30T14:48:40Z |
LONDON, May 12, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that multinational IT services company, Centric has selected IFS Cloud™ to advance its digital transformation and centralise its IT environment. IFS solution partner Eqeep, will implement and support the solution and roll it out across Centric's entire operations, encompassing sites across ten European countries.
Following a competitive tender process, Centric chose IFS Cloud due to its ability to offer its customers a one-stop shop for services, backed by a single version of the truth.
By purchasing all the modules within IFS Cloud - from ERP to HR, projects, service management and finance – Centric can coordinate activities across all its business units, streamline its operations and eliminate shadow IT. This will also help Centric deliver a more collaborative customer service effort across all operational areas, reduce total cost of ownership, and ensure it is well positioned for future growth.
Software solution partner Eqeep's expert engagement with Centric and knowledge and understanding of the capabilities and benefits of IFS Cloud played a key role in sealing the contract.
Erry-Robbert de Boer, CEO, Eqeep, said: "We are extremely proud to be a partner to Centric and that we are going to implement and support the IFS Cloud solution. Centric is a well-known IT services and solution provider across multiple countries and we will enable Centric in the realization of their goals by providing them with our knowledge and expertise. We are looking forward to our collaboration and to roll out the full capability of IFS Cloud across the Centric business."
In the past, Centric operated a decentralised IT operations model. Every country was responsible for its own IT solutions, many of which were legacy, making it difficult to drive through digital transformation and growth. Recently, Centric formulated a new digital strategy, of which a key part was centralising core business IT.
Once implemented, Centric expects there will be 800 full-time users of the IFS Cloud solution, together with an additional 4,000 consultant users who will all have some interaction with IFS Cloud modules. These will be across the ten countries including Belgium, Germany, France, Lithuania, Luxembourg, the Netherlands, Norway, Romania, Sweden, and Switzerland. Through the implementation, roll-out and beyond, IFS will continue to engage with Centric through steering committees, quarterly business reviews and regular update meetings.
Patrick Rosengarten, Chief Financial Officer, Centric, said: "Choosing IFS Cloud to centralize our core business IT will enable Centric to better steer our business across the board. Furthermore, it will help us shift focus towards our own digital transformation and future growth."
Frank Beerlage, General Manager, Benelux at IFS said: "Centric is a long-time partner of IFS and we are thrilled that they have chosen to build on that relationship by purchasing and rolling out IFS Cloud across their business. The use of IFS Cloud will help drive fast time to insight and action at Centric, enabling them to be more agile while accelerating their digital transformation, safe in the knowledge that they are working with one version of the truth across all their operations."
About Centric
Centric is an IT organization with 3,700 professionals in the Netherlands, Belgium, Germany, France, Lithuania, Luxembourg, Norway, Romania, Sweden and Switzerland. In the Netherlands alone, Centric serves over 3500 customers, with over 200 Software, IT Outsourcing, Business Process Outsourcing and Staffing activities. Many end users rely on Centric solutions in their work every day. Centric has a strong focus on the Public Sector, Logistics & Retail and Finance & Insurance. In 2020, Centric recorded sales of 437 million euros, an EBIT of 16 million euros and solvency of 43%.
About IFS
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers—at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
About Eqeep
Eqeep, founded in 2013, is a certified Gold Services and Channel/Reseller partner of IFS. With our business consulting and implementation-, optimization- and support-services for Service- & Infrastructure Industry, Process Manufacturing and Discrete Manufacturing, we enable our customers to keep focus on their customers and core-business. Our mission – We empower organizations to stay ahead in their business – ensures that we continuously focus on our customers and continuously develop knowledge of the industry our customers are active in. This in combination with of our experts for the IFS Cloud solution – Enterprise Resource Planning [ERP], Enterprise Asset Management [EAM], Enterprise- & Field Service Management [ESM & FSM] – and solutions for Data- & Application Integration, Process Mining and Digital Twin of an Organization we focus to be a partner for our customers. For more information or to get acquainted with Eqeep visit us at www.eqeep.com.
IFS Press Contacts:
MEA & APJ: Adam Gillbe
Corporate Communications
Email: press@ifs.com
Phone: +44 7775 114 856
USA: Mairi Drysdale
Corporate Communications
Email: press@ifs.com
Phone: +1 520 396 2155
Europe: Marie-Christin Hansen
Corporate Communications
Email: press@ifs.com
Phone: +44 755 306 1878
This information was brought to you by Cision http://news.cision.com
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SOURCE IFS | https://www.wibw.com/prnewswire/2022/05/12/it-services-giant-centric-selects-ifs-cloud-eqeep-centralize-operations-drive-growth-across-europe/ | 2022-05-12T10:34:18Z |
Goldschmidt HR, Matz sharp as Cardinals edge Royals 1-0
By WARREN MAYES
Associated Press
ST. LOUIS (AP) — Paul Goldschmidt hit an early home run and Steven Matz and the St. Louis bullpen made it stand up, leading the Cardinals over the Kansas City Royals 1-0. Goldschmidt, who got his first day off of the season Sunday, connected with one out in the first inning against Zack Greinke. The Royals lost their fourth in a row overall, and have dropped 21 of their last 28 to St. Louis dating to 2017. This game was a makeup from a rainout on April 13. The I-70 interleague series continues Tuesday and Wednesday in Kansas City. Matz scattered four hits, including a pair of doubles, in six innings. Greinke allowed three hits in six innings. | https://localnews8.com/sports/ap-national-sports/2022/05/02/goldschmidt-hr-matz-sharp-as-cardinals-edge-royals-1-0/ | 2022-05-02T23:21:17Z |
SAN FRANCISCO, July 16, 2022 /PRNewswire/ -- Today, House Speaker Nancy Pelosi along with community leaders and Partnership for the Presidio representatives celebrated the opening of Presidio Tunnel Tops. This highly anticipated new park destination marks the culmination of a 20-year transformation of the Presidio's waterfront. Presidio Tunnel Tops adds 14 acres to the Golden Gate National Recreation Area. It is built on top of highway tunnels connecting San Francisco to the iconic Golden Gate Bridge, bringing national park experiences closer to people across the Bay Area and visitors from around the world.
"Today is a day of celebration for San Franciscans as our city opens a majestic new public space," said Speaker Nancy Pelosi. "Presidio Tunnel Tops will serve as a beautiful beacon of recreation, education, and community. Thanks to the tireless efforts of the Presidio Trust, National Park Service, Golden Gate National Parks Conservancy and the immense generosity of many supporters and volunteers, visitors in the Bay Area and beyond will benefit from this magnificent new park – now and for generations to come."
Presidio Tunnel Tops features scenic overlooks with stunning views of the Golden Gate Bridge, the bay and the city, paths and gardens, a welcome plaza with food and visitor services, a campfire circle, picnic grounds and more. Kids and adults alike can learn about nature, explore and have fun at the two-acre "Outpost" nature playscape and Field Station. Presidio Tunnel Tops opens to the public July 17 kicking off with an inaugural season of free family-friendly events and activities through October.
Additional photos and videos, including from the opening event, are available HERE. For more information, visit www.presidiotunneltops.org.
About Presidio Tunnel Tops
In 1993, Bay Area leaders, urban planners and citizens were faced with the need to replace the seismically unsafe Doyle Drive, which cut the Presidio in two as it led to the Golden Gate Bridge. A vision to construct the highway into tunnels and reconnect the park by creating new land over their tops was put forth and the Presidio Tunnel Tops project was born. Hundreds of hours of community engagement with more than 10,000 participants shaped the final design of the site. James Corner Field Operations, the firm behind New York's High Line, was selected as the design partner. This new site allows the Partnership for the Presidio to provide more national park experiences to people across the Bay Area and serves as a gateway to the greater Golden Gate National Recreation Area and broader National Park System. Led by the Golden Gate National Parks Conservancy, the Presidio Tunnel Tops campaign raised over $98 million of the $118 million project. It was built by Swinerton Builders.
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SOURCE Presidio of San Francisco | https://www.wibw.com/prnewswire/2022/07/16/presidio-tunnel-tops-world-class-national-park-destination-presidio-san-francisco-opens-public/ | 2022-07-16T19:52:35Z |
He went missing nearly 3 years ago. Deputies found him shivering outside a gas station 700 miles away
By Claudia Dominguez and Christina Maxouris, CNN
Authorities in Summit County, Utah, had been hearing about a young man wandering the area with a shopping cart for several weeks.
When they encountered him last Saturday, they discovered he was reported missing nearly three years ago in northern California, more than 700 miles away.
Sheriff’s deputies responded to a gas station on the morning of April 9 in the greater Park City area, after a “concerned community member” reported seeing the man sleeping there, the Summit County Sheriff’s Office said in a Facebook post. The area is about a 40-minute drive from Salt Lake City.
Deputies offered the man to sit inside one of their vehicles to warm up and began researching who he was, the sheriff’s office said. “Through past interactions and the Saturday interaction, it was clear to deputies that the man communicated differently,” the sheriff’s office said, and also included an autism awareness hashtag on its Facebook post.
A dispatcher began looking through pages on the National Center for Missing and Exploited Children website, and more than a dozen pages in, came across a missing poster for Connerjack Oswalt.
Oswalt, now 19, had been reported missing in September 2019 from Clearlake, California, northwest of Sacramento and roughly an 11.5-hour drive from Summit County.
Authorities believed it was the same person they had found shivering at the gas station.
“Deputies began making phone calls and were able to make contact with Connerjack’s mother,” Summit County Sheriff’s Lt. Andrew Wright told CNN in an email.
His mother told authorities Oswalt had a distinctive birthmark on his neck. Deputies found the mark on Oswalt, Wright said.
Though authorities had previous interactions with Oswalt prior to that day, he had not shared who he was and police “didn’t have reason to demand his information because he wasn’t violating the law,” Wright said.
Oswalt’s stepfather and grandfather went to Park City, Utah, to identify him in person and be reunited, Wright told CNN.
In one of two bodycam videos sent to CNN from the sheriff’s office, Oswalt’s stepfather is seen exclaiming in disbelief as police show him a mug shot of Oswalt to confirm it was the same person. Wright told CNN Oswalt had a previous arrest warrant.
“Is it him?” Oswalt’s mother can be heard from the phone, which was on speaker.
“A little bit older, but yeah,” Oswalt’s stepfather responds.
“My sweetheart’s alive,” the mother is heard saying, while sobbing on the phone. “Can you go get him please?”
Oswalt’s mother and stepfather moved to Idaho Falls, Idaho, since he went missing, authorities said.
Oswalt was still receiving care and resources and has not yet gone to Idaho, Wright said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/16/he-went-missing-nearly-3-years-ago-deputies-found-him-shivering-outside-a-gas-station-700-miles-away/ | 2022-04-17T01:35:31Z |
Program powers an integrated strategy across earned and paid media for maximum amplification of company news stories
CHICAGO, July 12, 2022 /PRNewswire/ -- PR Newswire, a Cision company, is now expanding its sponsored placement product line globally, including Europe and Canada. This expanded network will allow companies to bridge the gap between earned and paid media opportunities by seamlessly converting their press release from PR Newswire into a digital media asset that can be simultaneously and strategically placed across paid publications. Communications professionals will be able to utilize this multi-channel distribution tool in their overall strategy, incorporating content to amplify the story, reach targeted audiences, and maximize its visibility for coverage.
"Cision's expanded investment into sponsored placement is a testament to the power of integrated brand storytelling. Research by Gartner found that integrated campaigns across more than four channels outperform single or dual-channel campaigns by 300%," said Nicole Guillot, Cision COO and President of PR Newswire. "Enhancing a consistent brand message drives value and increases effectiveness for brand building across multiple communications channels."
This sponsored placement offering allows communications professionals to reach a broader audience in previously untapped markets.
- Amplify: Leverage the credibility of trusted publications by integrating paid brand content on premium sites customers are already visiting
- Target: Hyper-target audiences for a brand's story, including specific targets of interest pinpointed with custom awareness or engagement campaigns
- Visibility: A perfect complement to earned and multi-channel media efforts, native paid advertising can further a company's impact, increasing impressions and measurable ROI
"With Sponsored Placement, we were able to increase the visibility of our World Living Soils Forum by sharing the announcement on French magazine sites," said Alain Lavital, Communications Director of Moët Hennessy, a client of Cision. "We reached 197,000 impressions over a period of one week which added 190 registrations to our site. We plan on using the service to support our future announcements."
Press releases rank as the top preferred means of communicating news and company milestones to journalists, according to Cision's 2022 State of the Media Report. Combining press releases with native advertising—which is proven to be more trustworthy, engaging and provide higher click-through rates than traditional forms of advertising—enhances visibility for the stories communicators want to share.
About Cision
Cision is a comprehensive communications platform enabling more than 100,000 public relations and marketing professionals around the world to understand, influence and amplify their stories. As the market leader, Cision enables the next generation of communication professionals to strategically operate in the modern media landscape where company success is directly impacted by public opinion. Cision has offices in 24 countries through the Americas, EMEA and APAC, and offers a suite of best-in-class solutions, including PR Newswire, MultiVu, Brandwatch, Cision Communications Cloud®and Cision Insights. To learn more, visit www.cision.com and follow @Cision on Twitter.
Contact Information:
For media inquiries, please contact:
Cision Public Relations
cision@kcsa.com
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SOURCE Cision Ltd. | https://www.wibw.com/prnewswire/2022/07/12/pr-newswire-expands-sponsored-placement-network-premium-publishers-europe-canada/ | 2022-07-12T13:42:16Z |
MEMPHIS, Tenn., Aug. 9, 2022 /PRNewswire/ -- uLab Systems™, the creator of the uSmile™ clear aligner system and the uDesign® treatment planning software, announces the availability of the uAssist™ concierge treatment planning assistance service1 for orthodontists. Licensed orthodontists and dentists assist with aligner case treatment plans, in less than 3-business days.
uLab developed the uAssist treatment plan assistance service because each orthodontist has their own unique workflow and uLab is dedicated to providing options that enable orthodontists to practice the way they choose, providing flexibility at all stages of patient care. The uAssist service is unique in that when a uAssist case is returned for review, the treating orthodontist can proceed with ordering uSmile aligners, make additional adjustments themselves within the uDesign software, or return it to the uAssist team for any final changes. All requested adjustments are made within two review sessions per case submission and returned to the treating orthodontist in less than 72 hours. The streamlined communication, quick turnaround, and ability to make changes themselves give the orthodontist both control and flexibility at the touch of a button.
Orthodontists who were part of an early user group have been pleased with the convenience of the service and the quality of treatment planning, "My uAssist case arrived quickly and it looks great…what a game changer!" stated Dr. Curtis Dailey. Additionally, Dr. Bill Layman speaks to the flexibility and speed the uAssist service provides, "I have been using the uAssist team for cases that would require more of my time to setup. I rarely have to make any changes to the case and the case is typically returned within 24 hours of submission. I appreciate having access to a well-educated and trained team I can trust to help when I need it."
uLab is dedicated to creating innovative solutions specific to the orthodontic market. "We understand orthodontists need to have a balance of efficiency and control in order to provide the best care to their patients," says Charlie Wen, founder and chief technology officer of uLab. "While some orthodontists will choose to plan their own treatments, we are providing a planning assistance option that has not been available in the market before; the best of both options in one aligner platform. If orthodontists encounter higher volumes, staffing challenges or an unusually complex case, our team is just a button away."
Orthodontists who submit cases to the uAssist team prior to September 30th will have up to ten submission fees waived. To learn more about uAssist and to request a demo, go to ulabsystems.com/contact-us.
1 Treatment plans must be reviewed and approved by the treating orthodontist
About uLab Systems
uLab Systems is led by an experienced team of healthcare innovators helping to transform options for orthodontic practices to provide the best outcomes for their patients. uLab's mission is to advance the orthodontic industry with digital treatment planning software and aligner products that let orthodontists take back control of their treatment plans. uLab sustainably manufactures uSmile aligners in Memphis, TN, recycling over 85% of source materials. uSmile clear aligners and the uDesign software are available to all orthodontic practices in the USA, Canada, Australia, and New Zealand. To learn more visit www.ulabsystems.com.
Contact: David Thrower, Chief Commercial Officer, pr@ulabsystems.com
©2022 uLab Systems, Inc. All Rights reserved. uLab, uLab Systems, uSmile, uAssist and uView are trademarks and uDesign is a registered trademark of uLab Systems, Inc. MAR-0000962 Rev 1
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SOURCE uLab Systems, Inc. | https://www.kxii.com/prnewswire/2022/08/09/uassist-aligner-planning-assistance-service-available-orthodontists/ | 2022-08-09T16:09:05Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- Venture capital firm ROBUST has launched on the global stage, with an immediate focus on driving investment into disruptive and innovative companies with high growth potential.
The ROBUST team is San Francisco and New York-based, South East Asia-backed, but borderless in its pursuit to achieve capital gains and superior investment returns by making early-stage investments in independent thinkers and their revolutionary ideas. In effect, investing today in the global leaders of tomorrow from start to finish!
"We back independent thinkers who challenge the status quo and push limits of their industry with a singular determination to see their ideas through," commented Kanin Asvaplungprohm ('Asva'), Founder and General Partner of ROBUST.
ROBUST invests early (Pre-Seed to Series A) with the intent to follow through a company's lifecycle. While they invest globally, their team is focused on bridging the economic and technological gap, particularly between North America and Southeast Asia.
"We are committed to partnering for the long haul with a select number of exemplary founders who solve complex economic, logistical, scientific, and engineering problems because we want to be aligned with their vision," he affirmed.
"We're relentless investors; 'no' and 'failure' are not in our vocabulary. We exist to create tangible, sustainable and intrinsic values."
ROBUST derives its name from the resilience and unwavering commitment of innovators and companies that withstand challenges to bring their cutting-edge ideas to reality.
Backed by prominent investors in South East Asia and North America and with an excellent understanding of the geopolitical landscape, ROBUST has assembled a 'think tank' of seasoned operators, founders and strategic experts with a six-decade track record of robust regulatory hacking. It partners with a global network of operators, policy specialists, and locally-renowned experts in other markets.
Thai-born Asva is a visionary, serial entrepreneur who managed over $200M in Assets Under Management ("AUM"). Before founding ROBUST, he was a Principal at Dynafolio, a small-cap private equity firm focusing on turning around distressed companies.
He has spearheaded risk management for Marwin Technologies, a premier Aerospace, Meterological and Agricultural Tech solutions provider in Thailand. U.S-educated Asva also advises startups and growth-stage companies on the Southeast Asian regulatory landscape and tech ecosystem.
With an International background that straddles South East Asia and the U.S, he possesses the rare mix of traditional Asian sensibilities, Silicon Valley savvy and global vision.
Asva takes after his grandfather Pichit and father Prachaks, both prominent Thai businessmen, in work ethic and meticulous attention to detail thanks to a 60-year family background steeped in government contracting and infrastructure.
He added: "My family knows a thing or two about building things that last. I am applying our ethos to new frontier technologies on the global stage via ROBUST because we are built to last."
For more information, visit https://www.robust.vc
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SOURCE ROBUST | https://www.mysuncoast.com/prnewswire/2022/06/07/early-stage-venture-capitalist-robust-primed-bridge-innovation-gap-across-borders/ | 2022-06-07T16:14:55Z |
COPENHAGEN, Denmark, June 13, 2022 /PRNewswire/ -- The newly released DSP amplifiers are part of the successful PowerZone Connect series - and now deliver up to 3000W total system power, offer multiple channel and power options, integrated audio DSP and super easy configuration. These models are a perfect match to bring superior sound to even bigger spaces.
The new PowerZone Connect series, the 1002,1502, 2004 & 3004 models, firstly deliver outstanding power amplification, but also offer many power and channel configurations since they drive both conventional low impedance and constant voltage (70V/100V) loudspeaker loads - making it the perfect choice for the most demanding install solutions. These solid, full rack, 2U amplifiers delivers flexible, reliable power amplification with total system power of 1000W, 1500W, 2000W and 3000W.
Four new models are available already - with both 2 and 4 channel versions. Find out more and view the full technical specification at blaze-audio.com.
More Power, Still Connected
All PowerZone Connect models have software-controlled DSP, routing, and easy to configure sound zones. All set up in minutes with the PowerZone Control web app. Simply connect through any browser to the amplifier's built-in Wi-Fi, or directly via the network port. Then configure everything from your phone, tablet, or laptop.
PowerZone Control makes life simple thanks to its intuitive interface - a main dashboard shows the overview of your system, with volume adjustment levels for each sound zone you create. Look further to gain access to the advanced configuration and professional install settings.
Explore a variety of tuning options - including easy to install speaker EQ's, where you can import an approved library, or one you've created for a specific location. Update firmware, copy and back-up your amp profile, or use it on another project - or integrate the amp with smart room controllers via Blaze 3rd party drivers.
Blaze brings high quality, reliable, power amplifiers and easy to use solutions to the market - enabling System Designers, Integrators, and Installers to create impressive multi-zone sound systems.
Blaze - The Power Behind Great Sound
Press Enquiries: Press and Media contacts can visit the official Blaze Press & News page or contact our dedicated Team at hello@blaze-audio.com.
For US enquiries please email welcome@blaze-audio.com
Contact:
George Tennet
VP Business Unit (BLAZE EMEA & APAC)
Mobile: +45 30 54 39 54
E-mail: george@blaze-audio.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Pascal A/S | https://www.mysuncoast.com/prnewswire/2022/06/13/blaze-audio-extends-their-powerzone-connect-range-dsp-amplifiers-with-four-new-power-options-giving-system-installers-up-3000w-reliable-power-pascal/ | 2022-06-13T17:32:26Z |
Advances in oRNA expression and delivery enable pipeline of therapeutics across a diverse
range of disease areas
Lead isCAR program shows possibility of tumor eradication in preclinical animal models with
promise of translation to non-human primates and patients
CAMBRIDGE, Mass., May 16, 2022 /PRNewswire/ -- Orna Therapeutics, a biotechnology company pioneering a new class of fully engineered circular RNA (oRNA) therapies, today for the first time announces data from its lead isCAR program that validates the potential of the company's novel oRNA technology and LNP delivery platform. Based on advances in the expression of oRNA as well as its delivery to immune cells, Orna has demonstrated tumor suppression and eradication in an animal model pointing to the possibility that oRNA-LNP based cancer therapies could eventually overtake cell therapies.
Additional data to be presented demonstrate the utility of Orna's proprietary FoRCE screening platform which has enabled the company to discover and characterize a major new resource for protein expression based on internal ribosome entry sites (IRESs). Orna will also present data showing the development of novel immunotropic lipid nanoparticles (LNPs), and the potential of oRNA in genetic muscle disease and vaccines. View full presentations from ASGCT on our website here.
"At Orna, we've created the world's leading circular RNA company and are building a platform and pipeline with the potential to change the way we treat disease," said Tom Barnes, PhD, Orna's Chief Executive Officer and oral presenter at ASGCT. "Presented for the first time, these data suggest our oRNA technology and LNP delivery favorably combine to maximize our reach into multiple therapeutic areas – validating our expanded pipeline beyond cancer to include muscle genetic diseases and vaccines."
isCAR: Revolutionizing CAR-T Cell Therapy with the Possibility of Eradicating Tumors
Our lead program is an in situ CAR therapy that combines oRNA and custom engineered LNPs to create modified immune cells within the patient. This easily redosable format would not require patient lymphodepletion and would allow for reliable dose control, overcoming barriers of ex vivo CAR-T therapies. Data being presented demonstrate that oRNA-LNP can eradicate cancer cells in an animal model. Additional iterative data in rodents and non-human primates gives Orna confidence that this may successfully translate into humans.
"We are excited about the preclinical results in our lead isCAR program as we clearly see the opportunity to overcome significant hurdles in current ex vivo approaches, suggesting that oRNA-LNP based cancer therapies may eventually overtake cell therapies," said Robert Mabry, PhD and Chief Scientific Officer at Orna. "We believe that data from iterative animal studies can support our plans to deliver in situ CAR-T therapies to the clinic."
FoRCE: Formulated oRNA Cell-based Evaluation Platform
Orna is also presenting new data from our proprietary FoRCE screening platform, which captures the entire oRNA production, formulation, and evaluation process in an arrayed and automated format. In a first application, Orna has screened and characterized thousands of IRES elements in multiple primary human cell types. IRES identification and development is critical for optimizing oRNA function via tunable protein expression. Orna has discovered many novel IRES elements that drive oRNA expression to levels well above those of standard IRES elements, including some that show differential activity across cell types. These results open a new technological toolkit for driving protein expression from circular RNA.
Breadth of Platform
Orna has extended its oRNA-LNP technology into several other indications including Duchenne Muscular Dystrophy and vaccines and believes there are many additional opportunities this technology can bring to existing therapeutics.
Duchenne Muscular Dystrophy (DMD):
Orna will present data highlighting the ease of working with very large oRNAs. Data demonstrate, for the first time, non-viral delivery of a large, full-length, dystrophin-encoding RNA in human cells, as well as in vivo delivery of smaller length versions in mouse models. These data are an encouraging first step on the path to delivering full-length gene therapy to patients with DMD.
Vaccines:
Orna is investigating the suitability of oRNA combined with intramuscularly administered immunotropic LNPs for vaccine applications, including for COVID-19. The oRNA half-life observed in muscle and immune cells, combined with the intramuscular administration of immunotropic lipids, suggests that oRNA-LNP technology may be beneficially applied to vaccine development.
Conference presentation details are shared below.
Oral Presentations:
In situ CAR Therapy Using oRNA Lipid Nanoparticles Regresses Tumors in Mice
Presenter: Tom Barnes, Ph.D., CEO
Date/Time/Location: Monday, May 16, 2022 from 9:10 - 9:45 a.m. ET in Room 207
Session: Scientific Symposium: Function and Therapeutics Applications of Circular RNAs (circRNAs)
Discovery of Translation Initiation Elements Enabled by a Parallel Arrayed Screen of Full-length Viral UTRs in Synthetic Circular RNA
Presenter: Alexander Wesselhoeft, Ph.D., Director, Molecular Biology
Date/Time/Location: Monday, May 16, 2022 from 11:30 – 11:45 a.m. ET in Salon H
Session: Oral Abstract Session: Oligonucleotide Therapeutics
Poster Presentations:
Improved Immune Cell Expression with Circular RNA (oRNA) in vivo
Presenter: Kevin Kauffman, Ph.D., Principal Scientist
Date/Time/Location: Monday, May 16, 2022 at 5:30 p.m. ET in Hall D
Session: Poster Session: Oligonucleotide Therapeutics I
Systemic Delivery of Circular RNA Encoding Partial Dystrophins and Expression in Skeletal Muscle
Presenter: Tatiana Fontelonga, Ph.D., Scientist
Date/Time/Location: Tuesday, May 17, 2022 at 5:30 p.m. ET in Hall D
Session: Poster Session: Oligonucleotide Therapeutics II
About Orna Therapeutics
Orna Therapeutics is a biotechnology company pioneering a new class of fully engineered circular RNA (oRNA) therapeutics with the potential to change the way we treat disease. Orna's proprietary platform combines novel technology to design circular RNA transcripts that drive protein expression with validated and unique LNP delivery solutions. Optimized oRNA-LNPs offer simplified production, improved formulatability, and superior protein expression over traditional mRNA approaches. The combined advantage of these two technologies puts Orna ahead of the curve and expands the possibilities of what RNA therapeutics can achieve. To learn more visit: www.ornatx.com and follow Orna Therapeutics on Twitter and LinkedIn.
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SOURCE Orna Therapeutics | https://www.mysuncoast.com/prnewswire/2022/05/16/orna-therapeutics-announces-first-in-class-breakthrough-data-demonstrating-potential-circular-rna-platform-asgct-2022/ | 2022-05-16T11:11:01Z |
Canton Repository Grand Parade float winners
CANTON − The Canton Regional Chamber of Commerce has announced the float winners of the 2022 Canton Repository Grand Parade.
Eight floats were entered, and all of them will be in the Canton Repository Grand Parade.
More Enshrinement news:What's your favorite Hall of Fame Enshrinement Festival memory?
Here's a look at the winners:
- Grand Prize Award – Best overall entry in the parade: Freedom Float, sponsored by Newcomer’s Chapel of Pigeon Run United Methodist Church
- Ohio State Award – Best nonprofessional builder entry: Anya Van Rose Music
- Enshrinees' Award – Most-effective use of color: Fairplay Family Center
- Mayor's Award – Best display of animation: 12th Man, sponsored by Akron Auto Auction
- HOF Board of Trustees’ Award – Most original concept: Black College Football Hall of Fame
- NFL Award – Best use of flowers: Louisville Constitution Court
- Exceptional Merit: Ohio Lottery, Summit Academy School
The panel of judges were: David Whitehill of ArtsinStark, Mark Vandegrift of Innis Maggiore, Chris Lesho of Shattered Window Productions and Janelle Lee of the Black College Hall of Fame.
The parade runs from 8 to 10:30 a.m. Saturday, starting in downtown Canton along Cleveland Avenue at approximately Fifth Street SW and travels north on Cleveland Avenue to 25th Street NW, where the parade begins to disband.
In addition to the marching bands and colorful floats, the parade will showcase the Class of 2022 enshrinees and returning Hall of Famers, classic vehicles, specialty units, celebrities and live mascots. | https://www.cantonrep.com/story/news/local/2022/08/05/2022-canton-repository-grand-parade-float-winners/65393836007/ | 2022-08-05T21:39:26Z |
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Co-Diagnostics, Inc..
Shareholders who purchased shares of CODX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class of all persons and entities who purchased the publicly traded securities of Co-Dx during the period of May 12, 2022 through the close of the market on August 11, 2022 (4:00 p.m. ET).
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) demand for the Company's Logix Smart™ COVID-19 test had plummeted t hroughout the quarter ended June 30, 2022, and (ii) as a result, defendants' positive statements about the demand for its Logix Smart™ COVID-19 test lacked a reasonable basis.
DEADLINE: October 17, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/co-diagnostics-inc-loss-submission-form-2/?id=31652&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CODX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 17, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm 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:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.wibw.com/prnewswire/2022/09/14/shareholder-alert-gross-law-firm-notifies-shareholders-co-diagnostics-inc-class-action-lawsuit-lead-plaintiff-deadline-october-17-2022-nasdaq-codx/ | 2022-09-15T00:04:37Z |
GUANGZHOU, China, Aug. 25, 2022 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of design-led lifestyle products, today announced its unaudited financial results for the fourth quarter and fiscal year 2022 ended June 30, 2022.
Financial Highlights for the Fourth Quarter of Fiscal Year 2022
- Revenue was RMB2,317.7 million (US$346.0million), within the Company's guidance range of RMB2,100.0 million and RMB2,400.0 million, compared to RMB2,472.4 million in the same period of 2021 and RMB 2,341.0 million in the previous quarter.
- Gross profit was RMB771.9 million (US$115.2 million), representing an increase of 20.8% year over year and 9.3% quarter over quarter.
- Gross margin was 33.3%, compared to 25.8% in the same period of 2021 and 30.2% in the previous quarter.
- Operating profit was RMB272.1 million (US$40.6 million), representing an increase of 44.9% year over year and 93.0% quarter over quarter.
- Profit for the period was RMB208.5 million (US$31.1 million), representing an increase of 87.5% year over year and 124.9% quarter over quarter.
- Adjusted net profit(1) was RMB222.9 million (US$33.3 million), representing an increase of 56.9% year over year and 101.4% quarter over quarter.
- Adjusted net margin(1)was 9.6%, compared to 5.7% in the same period of 2021 and 4.7% in the previous quarter.
Financial Highlights for Fiscal Year 2022
- Revenue was RMB10,085.6 million (US$1,505.7 million), representing an increase of 11.2% year over year.
- Gross profit was RMB3,069.8 million (US$458.3 million), representing an increase of 26.3% year over year.
- Operating profit was RMB882.0 million (US$131.7 million), representing an increase of 119.9% year over year.
- Profit for the period was RMB639.7 million (US$95.5 million), compared to a loss of RMB1,429.4 million in the prior fiscal year.
- Adjusted net profit(1) was RMB722.6 million (US$107.9 million), representing an increase of 51.4% year over year.
Operational Highlights for the Fourth Quarter of Fiscal Year 2022
- Number of MINISO stores was 5,199 as of June 30, 2022, increasing by 450 stores year over year and 86 stores quarter over quarter, respectively.
- Number of MINISO stores in China was 3,226 as of June 30, 2022, increasing by 287 stores year over year and 29 stores quarter over quarter, respectively.
- Number of MINISO stores in overseas markets was 1,973 as of June 30, 2022, increasing by 163 stores year over year and 57 stores quarter over quarter, respectively.
- The first MINISO store in the State of Qatar was opened in this quarter, marking MINISO's entry into the 105th market.
- Number of TOP TOY stores was 97 as of June 30, 2022, increasing by 64 stores year over year and 5 stores quarter over quarter, respectively.
The following table provides a breakdown of the number of MINISO and TOP TOY stores as well as their year-over-year and quarter-over-quarter changes of the relevant dates:
Mr. Guofu Ye, Founder, Chairman, and Chief Executive Officer of MINISO, commented, "MINISO Group closed fiscal year 2022 with a solid fourth quarter. Our business model has demonstrated great resilience despite the pandemic weighing on our near-term results. During this quarter, as the domestic offline retail sector faced unprecedented challenges, we focused on driving the recovery of our overseas business, which achieved nearly 50% year-on-year growth in revenue and accounted for 34% of the Company's total revenue - the highest since the outbreak of the pandemic in early 2020. Looking back over the 2022 fiscal year, our key operating metrics have demonstrated that we are in a healthy growth phase: we added 514 stores on a net basis, representing a 11% year-on-year growth to our store network; revenue exceeded RMB10 billion, up 11% year-on-year; adjusted net profit was approximately RMB720 million, up 51% year-on-year; and the adjusted net margin was 7.2%, up nearly 2 percentage points year-on-year."
"Looking forward to the 2023 fiscal year, we are still optimistic about future revenue and profit growth despite continued uncertainty from the pandemic. This positive outlook comes from our long-term confidence in China's economic development, our unchanged ambition for offline retail business, and our determination to achieve globalized development." Mr. Ye continued.
Mr. Saiyin Zhang, Chief Financial Officer and Executive Vice President of MINISO, commented, "I am encouraged by our strong performance in margin profiles, especially under such unprecedented challenges during the past quarter. Gross margin for the June quarter reached our record high of 33.3%, up 7.5 percentage points year over year, thanks to our flexible pricing strategy and strong bargaining power. Adjusted net profit increased by 57% on a year-over-year basis and 101% on a quarter-over-quarter basis, and adjusted net margin reached 9.6%, the highest level in the past 10 quarters, returning to a level similar to what we achieved before the pandemic."
"We are also pleased to declare a cash dividend of about RMB360 million recently, 20% higher than the cash dividend we paid last year. Going forward, our capital allocation strategy will balance new growth opportunities and our commitment to bringing stable returns to shareholders. As we approach the last month of the September quarter, we have witnessed encouraging signs of a sales recovery in China, which has stabilized at a healthy level during the past several weeks. Looking forward to the coming quarters, we expect our bottom line performance will further normalize because of our disciplined execution of brand upgrade and steady recovery of overseas operations." Mr. Zhang concluded.
Recent Developments
Impact of COVID-19
The resurgences of the Omicron variants of COVID-19 continued to impact the Company's operations and results in the quarter ended June 30, 2022.
In China, regional Omicron outbreaks resulted in reduced traffic to shopping malls where MINISO and TOP TOY stores are located and led to temporary suspension of operations of certain stores. The average number of MINISO stores that were temporarily closed was about 380, 280 and 60 in April, May and June, representing about 12%, 9% and 2% of MINISO stores in China, respectively. The Company estimates that the GMV loss from the negative impacts of the resurgences of COVID-19 amounted to approximately RMB700 million in this quarter. Going into the quarter ending September 30, 2022, the Company currently expects the impact of COVID-19 to persist, especially in first- and second-tier cities and relevant pandemic control measures will continue to be in place.
In overseas markets, although we have observed encouraging sales recovery in certain countries and regions, including in Europe and the Americas, we are also seeing relatively slow recovery trends in Asian countries excluding China. As of June 30, 2022, 81 overseas MINISO stores, or 4% of the total, had not resumed operations, compared to 74 such stores as of March 31, 2022. The majority of these stores were concentrated in Asian countries excluding China, and in Latin America.
Special Cash Dividend
On August 17, 2022, MINISO's board of directors approved a special cash dividend in the amount of US$0.172 per ADS, or US$0.043 per ordinary share, payable as of the close of business on September 9, 2022 to the holders of ADSs and ordinary shares of record as of the close of business on August 31, 2022, New York Time and Beijing/Hong Kong Time, respectively. The ex-dividend date will be August 30, 2022. The aggregate amount of cash dividends to be paid is approximately US$53.5 million (RMB360.8 million at an exchange rate of RMB6.7425 to US$1.0000), which will be funded by surplus cash on the Company's balance sheet.
Unaudited Financial Results for the Fourth Quarter of Fiscal Year 2022
Revenue was RMB2,317.7 million (US$346.0 million), compared to RMB2,472.4 million in the same period of 2021, primarily due to the negative influences by the resurgence of COVID-19 pandemic on the Company's domestic operations.
Revenue generated from domestic operations was RMB1,532.9 million (US$228.9 million), compared to RMB1,946.3 million in the same period of 2021. The year-over-year decrease was (i) primarily driven by a decrease of revenue from MINISO brand from RMB1,822.7 million to RMB1,410.1 million (US$210.5 million), as a result of the most stringent restrictive measures taken by local governments since 2020, and (ii) partially offset by a 32.8% year-over-year increase in revenue from TOP TOY brand. For more information of the composition and year-over-year change of revenue, please refer to the "Unaudited additional information" in this press release.
Revenue generated from international operations was RMB784.8 million (US$117.2 million), representing an increase of 49.2% year over year, which reflects an improved recovery of sales in international markets, especially in American countries such as Mexico, the United States and Canada, and Asian countries excluding China such as India and Indonesia. Asian countries excluding China and Americas are our largest and second largest overseas markets in terms of store count and GMV, respectively.
Cost of sales was RMB1,545.8 million (US$230.8 million), representing a decrease of 15.7% year over year.
Gross profit was RMB771.9 million (US$115.2 million), representing an increase of 20.8% year over year.
Gross margin was 33.3%, compared to 25.8% in the same period of 2021. The year-over-year increase was primarily because (i) revenue contribution from international operations, which typically have higher gross margin than domestic operations, increased from 21.3% in the same period of 2021 to 33.9% in this quarter, and (ii) higher gross margin contributed by newly launched products in relation to our execution of strategic brand upgrade of MINISO in China.
Other income was RMB5.0 million (US$0.8 million), compared to RMB4.1 million in the same period of 2021.
Selling and distribution expenses were RMB354.7 million (US$53.0 million), representing an increase of 25.4% year over year. Excluding share-based compensation expenses, selling and distribution expenses were RMB345.6 million (US$51.6 million), representing an increase of 31.0% year over year. The year-over-year increase was primarily attributable to (i) increased logistics expenses in relation to our recovering international operations, (ii) increased personnel-related expenses, and (iii) increased licensing expenses in relation to our newly launched IP products, partially offset by our savings in promotion and advertising expenses due to our reduced marketing efforts in China to tackle the resurgence of COVID-19.
General and administrative expenses were RMB184.8 million (US$27.6 million), representing a decrease of 7.7% year over year. Excluding share-based compensation expenses, general and administrative expenses were RMB179.5 million (US$26.8 million), representing a decrease of 4.6% year over year. The year-over-year decrease was primarily due to decreased personnel-related expenses.
Other net income was RMB40.8 million (US$6.1 million), compared to RMB21.9 million in the same period of 2021. Other net income mainly consists of net foreign exchange gain, investment income from wealth management products and others. The year-over-year increase was mainly attributable to a net foreign exchange gain of RMB28.5 million in this quarter, compared to a net foreign exchange loss of RMB10.1 million in the same period of 2021, which was partially offset by a decrease in investment income from wealth management products as a result of reduced principal of such products.
Operating profit was RMB272.1 million (US$40.6 million), representing an increase of 44.9% year over year.
Profit for the period was RMB208.5 million (US$31.1 million), representing an increase of 87.5% year over year.
Adjusted net profit(1), which represents profit for the period excluding equity-settled share-based payment expenses, was RMB222.9 million (US$33.3 million), representing an increase of 56.9% year over year.
Adjusted net margin(1) was 9.6%, compared to 5.7% in the same period of 2021.
Basic and diluted earnings per American Depositary Share ("ADS") were RMB0.68 (US$0.10) in this quarter, compared to basic and diluted earnings per ADS of RMB0.38 in the same period of 2021. Each ADS represents four of the Company's ordinary shares.
Adjusted basic and diluted earnings per ADS(1) were both RMB 0.72 (US$0.11) in this quarter, compared to RMB0.48 in the same period of 2021.
As of June 30, 2022, the combined balance of the Company's cash, cash equivalents, restricted cash, term deposits with original maturity over three months, and other investments amounted to RM5,828.3 million (US$870.1million).
Fiscal Year 2022 Financial Results
Revenue was RMB10,085.6 million (US$1,505.7 million), representing an increase of 11.2% year over year.
Revenue generated from the Company's domestic operations was RMB7,442.1 million (US$1,111.1 million), increasing by 2.1% year over year. Revenue generated from domestic operations of MINISO brand was RMB6,825.2 million (US$1,019.1 million), compared to RMB6,955.5 million in the prior year. Revenue generated from TOP TOY was RMB446.9 million (US$66.7 million), representing an increase of 354.9% year over year.
Revenue generated from the Company's international operations was RMB2,643.5 million (US$394.7 million), representing an increase of 48.5% year over year.
Cost of sales was RMB7,015.9 million (US$1,047.4 million), representing an increase of 5.6% year over year.
Gross profit was RMB3,069.8 million (US$458.3 million), representing an increase of 26.3% year over year.
Gross margin was 30.4%, compared to 26.8% in fiscal year 2021. The year-over-year increase in gross margin was primarily due to (i) an increase in revenue contribution from the Company's international operations, which generally have a higher gross margin than the Company's domestic operations. International operations contributed 26.2% of the Company's total revenue in fiscal year 2022, compared to 19.6% in fiscal year 2021, and (ii) higher gross margin contributed by newly launched products in relation to our execution of strategic brand upgrade of MINISO in China.
Other income was RMB25.9 million (US$3.9 million), compared to RMB52.1 million in fiscal year 2021.
Selling and distribution expenses were RMB1,442.3 million (US$215.3 million), compared to RMB1,206.8 million in fiscal year 2021. Excluding share-based compensation expenses, selling and distribution expenses were RMB1,390.3 million (US$207.6 million), compared to RMB1,075.6 million in fiscal year 2021. The year-over-year increase was primarily attributable to (i) increased personnel-related expenses; (ii) increased licensing expenses in relation to our enlarging IP library and enriching offerings of IP products; and (iii) increased promotion and advertising expense, mainly in connection with our strategic brand upgrade of MINISO in China.
General and administrative expenses were RMB816.2 million (US$121.9 million), compared to RMB810.8 million in fiscal year 2021. Excluding share-based compensation expenses, general and administrative expenses were RMB785.4 million (US$117.3 million), compared to RMB660.7 million in fiscal year 2021. The year-over-year increase was primarily due to (i) increased depreciation and amortization expenses, mainly related to the land use right of the Company's headquarters building project; and (ii) increased personnel-related expenses, which were partially offset by decreased office operating expense as a result of expense control measures taken by the Company to tackle the resurgence of COVID-19 in China.
Other net income was RMB87.3 million (US$13.0 million), compared to a loss of RMB40.4 million in fiscal year 2021. The year-over-year change was mainly due to a net foreign exchange gain of RMB14.0 million (US$2.1 million) in fiscal year 2022, compared to a net foreign exchange loss of RMB114.2 million in fiscal year 2021.
Operating profit was RMB882.0 million (US$131.7 million), representing an increase of 119.9% year over year.
Profit for the period was RMB639.7 million (US$95.5 million), compared to a loss of RMB1,429.4 million in the prior fiscal year.
Adjusted net profit(1), which represents net profit excluding (i) fair value changes of redeemable shares with other preferential rights and (ii) equity-settled share-based payment expenses, was RMB722.6 million (US$107.9 million) in fiscal year 2022, representing an increase of 51.4% year over year.
Adjusted net margin(1) was 7.2%, compared to 5.3% in fiscal year 2021.
Adjusted basic earnings per ADS(1) was RMB2.40 (US$0.36) in fiscal year 2022, compared to RMB1.68 in fiscal year 2021.
Adjusted diluted earnings per ADS(1) was RMB2.36 (US$0.35) in fiscal year 2022, compared to RMB1.68 in fiscal year 2021.
Conference Call
The Company's management will hold an earnings conference call at 8:00 A.M. Eastern Time on Thursday, August 25, 2022 (8:00 P.M. Beijing Time on the same day) to discuss the financial results. The conference call can be accessed via the following zoom link or by dialing the following numbers:
Access 1
Zoom link:
Meeting Number: 874 7982 5938
Meeting Passcode: 9896
Access 2
Listeners may access the call by dialing the following numbers with the same meeting number and passcode with Access 1.
Access 3
Listeners can also access the meeting through the Company's investor relations website at http://ir.miniso.com/.
A replay will be available approximately two hours after the conclusion of the live event at the Company's investor relations website at http://ir.miniso.com/.
About MINISO Group
MINISO Group is a global value retailer offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO's wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand "MINISO" as a globally recognized retail brand and established a massive store network worldwide. For more information, please visit https://ir.miniso.com/.
Exchange Rate
The U.S. dollar (US$) amounts disclosed in this press release, except for those transaction amounts that were actually settled in U.S. dollars, are presented solely for the convenience of the readers. The conversion of Renminbi (RMB) into US$ in this press release is based on the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of June 30, 2022, which was RMB6.6981 to US$1.0000. The percentages stated in this press release are calculated based on the RMB amounts.
Non-IFRS Financial Measures
In evaluating the business, MINISO considers and uses adjusted net profit, adjusted net margin, adjusted basic and diluted earnings per share and adjusted basic and diluted earnings per ADS as supplemental measures to review and assess its operating performance. The presentation of these non-IFRS financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with IFRS. MINISO defines adjusted net profit as profit for the period excluding (i) fair value changes of redeemable shares with other preferential rights and (ii) equity-settled share-based payment expenses. MINISO calculates adjusted net margin by dividing adjusted net profit by revenue for the same period. MINISO computes adjusted basic and diluted net earnings per ADS by dividing the adjusted net profit attributable to the equity shareholders of the Company by the number of ADSs represented by the number of ordinary shares used in the basic and diluted earnings per share calculation on an IFRS basis and retrospectively adjusting for the effect of the issuance of Series A preferred shares by the Company that are deemed to have been converted into ordinary shares since July 1, 2019. MINISO computes adjusted basic and diluted net earnings per share in the same way it calculates adjusted basic and diluted net earnings per ADS, except that it uses the number of ordinary shares used in the basic and diluted earnings per share calculation on an IFRS basis as the denominator instead of the number of ADSs represented by these ordinary shares.
MINISO presents these non-IFRS financial measures because they are used by the management to evaluate its operating performance and formulate business plans. These non-IFRS financial measures enable the management to assess its operating results without considering the impacts of the aforementioned non-cash and other adjustment items that MINISO does not consider to be indicative of its operating performance in the future. Accordingly, MINISO believes that the use of these non-IFRS financial measures provides useful information to investors and others in understanding and evaluating its operating results in the same manner as the management and board of directors.
These non-IFRS financial measures are not defined under IFRS and are not presented in accordance with IFRS. These non-IFRS financial measures have limitations as analytical tools. One of the key limitations of using these non-IFRS financial measures is that they do not reflect all items of income and expense that affect MINISO's operations. Further, these non-IFRS financial measures may differ from the non-IFRS information used by other companies, including peer companies, and therefore their comparability may be limited.
These non-IFRS financial measures should not be considered in isolation or construed as alternatives to profit/(loss), net profit/(loss) margin, basic and diluted earnings/(loss) per share and basic and diluted earnings/(loss) per ADS, as applicable, or any other measures of performance or as indicators of MINISO's operating performance. Investors are encouraged to review MINISO's historical non-IFRS financial measures in light of the most directly comparable IFRS measures, as shown below. The non-IFRS financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting the usefulness of such measures when analyzing MINISO's data comparatively. MINISO encourages you to review its financial information in its entirety and not rely on a single financial measure.
For more information on the non-IFRS financial measures, please see the table captioned "Reconciliation of Non-IFRS Financial Measures" set forth at the end of this press release.
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 words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. Among other things, the quotations from management in this announcement, as well as MINISO's strategic and operational plans, contain forward-looking statements. MINISO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC") and The Stock Exchange of Hong Kong Limited (the "HKEX"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about MINISO's beliefs and expectations, are forward-looking statements. 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 statement, including but not limited to the following: MINISO's mission, goals and strategies; future business development, financial conditions and results of operations; the expected growth of the retail market and the market of branded variety retail of lifestyle products in China and globally; expectations regarding demand for and market acceptance of MINISO's products; expectations regarding MINISO's relationships with consumers, suppliers, MINISO Retail Partners, local distributors, and other business partners; competition in the industry; proposed use of proceeds; and relevant government policies and regulations relating to MINISO's business and the industry. Further information regarding these and other risks is included in MINISO's filings with the SEC and the HKEX. All information provided in this press release and in the attachments is as of the date of this press release, and MINISO undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact:
Raine Hu
MINISO Group Holding Limited
Email: ir@miniso.com
Phone: +86 (20) 36228788 Ext.8039
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SOURCE MINISO Group Holding Limited | https://www.wibw.com/prnewswire/2022/08/25/miniso-group-announces-june-quarter-full-fiscal-year-2022-financial-results/ | 2022-08-25T10:08:05Z |
PARIS (AP) — French environmentalists prepared Tuesday to move a beluga whale that strayed into the Seine River last week to a saltwater basin in Normandy, hoping to save the life of the dangerously thin marine mammal.
A medical team plans to transport the 4-meter-long (13-foot-long) whale to a coastal spot in the northeastern French port town of Ouistreham for “a period of care,” according to Lamya Essemlali, president of the conservation group Sea Shepherd France.
Experts think the whale is sick and in a race against time for survival, she said.
The whale would remain in its temporary saltwater home for “two to three days” of surveillance and treatment before being towed out to sea, according to Isabelle Dorliat Pouzet, deputy prefect of the town of Evreux.
“Then, nature will take its course,” Pouzet said. “We have to be optimistic… the work has been painstakingly prepared.”
A team of some 80 people, including veterinarians and environmentalists, gathered Tuesday near a Seine River lock in the Eure region to plot the exodus of the new local celebrity.
Conservations groups said it would take 24 people to load the beluga into a refrigerated truck for the approximately 160-kilometer (99-mile) trip to Ouistreham, describing the the saltwater transfer as an “enormous operation.”
Because the region is experiencing extreme heat, the team plans to wait until nightfall before moving the ethereal white creature. It weighs about 800 kilograms (1,764 pounds).
Rescuers hope to spare the whale the fate of an orca that strayed into the Seine and died in May.
Authorities said that while the move carries its own mortality risk because of the stress on the animal, the whale can’t survive much longer in the Seine’s freshwater habitat.
They remain hopeful it will survive after it responded to a cocktail of antibiotics and vitamins administered in the last few days and rubbed itself on the lock’s wall to remove patches that had appeared on its back.
Sea Shepherd’s Essemlali said medical surveillance at the saltwater basin would help establish whether whale “is suffering from something we can help it with or from an incurable illness.”
Drone footage shot by French fire services last week showed the whale meandering into a stretch of the Seine between Paris and the Normandy city of Rouen that is far inland from the sea.
Conservationists have tried unsuccessfully since Friday to feed fish to the beluga. Sea Shepherd fears the whale is slowly starving in the waterway. | https://cw33.com/news/international/ap-international/rescuers-to-move-whale-stranded-in-french-river-to-saltwater/ | 2022-08-09T18:00:10Z |
NEW YORK, Aug 16, 2022 /PRNewswire/ -- Today, Inc. revealed that Firstleaf is No. 1725 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"We're honored to be recognized in Inc. 5000's list for the second year in a row," said Philip James, founder & CEO of Firstleaf. "Firstleaf's expertise in winemaking and technology allows us to offer the best wine selections for every consumer, from beginners to experts. We look forward to continuing to grow in this $70 billion wine market and offering wine that's personalized to each individual's taste."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Firstleaf is America's most personalized wine company that uses millions of data points to produce and curate each shipment of award-winning wine from around the world so that members can explore new bottles and discover new favorites tailored to their tastes. The company, which was founded by Philip James, a wine industry veteran and Oxford-educated chemist, offers a subscription service that unites the art and science of wine.
Firstleaf brings together proprietary technology, expert winemakers and a WSET-certified concierge team, to build a unique Wine Profile for each member and curate each shipment individually. With no preset packs or boxes, Firstleaf has over 82 million combinations of wines possible and 98% of its monthly boxes are unique. Its team of winemakers sample over 10,000 wines each year across 5 continents and 12 countries to select only the finest bottles. With more than 700,000 12-bottle cases sold last year, Firstleaf is the #1 trusted wine brand in consumer rankings. Nearly one million people have tried Firstleaf since the brand's inception.
Its wines have won over 2,800 awards, including over 300 90+ point scores, and 92% of its wines are award-winning. This year, Firstleaf was named one of Fast Company's World's Most Innovative Companies in the data science category and recognized as one of Wine Business Monthly's 50 Largest Wineries. This came on the heels of being named Wine Company of the Year in Winemaker Challenge International's 2021 wine competition, one of the only U.S. wine competitions judged exclusively by professional winemakers.
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE Firstleaf | https://www.wibw.com/prnewswire/2022/08/16/firstleaf-appears-inc-5000-second-consecutive-year-with-three-year-revenue-growth-357-percent/ | 2022-08-16T17:46:15Z |
White House: Iran set to deliver armed drones to Russia
WASHINGTON (AP) — The White House on Monday said it believes Russia is turning to Iran to provide it with “hundreds” of unmanned aerial vehicles, including weapons-capable drones, for use in its ongoing invasion of Ukraine.
U.S. National Security Adviser Jake Sullivan said it was unclear whether Iran had already provided any of the unmanned systems to Russia, but said the U.S. has “information” that indicates Iran is preparing to train Russian forces to use them as soon as this month.
“Our information indicates that the Iranian government is preparing to provide Russia with up to several hundred UAVs, including weapons-capable UAVs on an expedited timeline,” he told reporters Monday.
Sullivan said it was proof the Russia’s overwhelming bombardments in Ukraine, which have led it to consolidate gains in the country’s east in recent weeks, was “coming at a cost to the sustainment of its own weapons.”
Sullivan’s revelation comes on the eve of President Joe Biden’s trip to Israel and Saudi Arabia, where Iran’s nuclear program and malign activities in the region will be a key subject of discussion. Sullivan noted that Iran has provided similar unmanned aerial vehicles to Yemen’s Houthi rebels to attack Saudi Arabia before a ceasefire was reached earlier this year.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/11/white-house-iran-set-deliver-armed-drones-russia/ | 2022-07-11T21:25:57Z |
SEGUIN, Texas , June 17, 2022 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, is celebrating the grand opening of Navarro Ranch, a new single-family home community situated in Seguin, Texas. The community is situated just outside of Northeast New Braunfels, 14 miles from downtown San Marcos and conveniently located between San Antonio and Austin. Navarro Ranch is designed to meet the need for affordable housing without sacrificing the Lennar tradition of quality, design and technology.
"Navarro Ranch brings Lennar's signature home designs to this part of Texas, which sits between the booming San Antonio and Austin metro markets," said Lennar Division President Brian Barron. "These beautiful, comfortable, affordable Lennar homes are the ideal option for residents wanting to live among small-town Texas charm, even if they work in a busy city."
Navarro Ranch offers homes from the Cottage, Barrington, Westfield and Brookstone collections, which range from 1,016 to 3,013 square feet, with two to five bedrooms and two to four baths.
All homes feature the latest designer touches, including generous living and kitchen spaces, resort-style master suites and technology upgrades that meet the needs of the most contemporary homebuyer. Home exteriors feature low-maintenance fiber-cement siding, a selection of exterior design options and sodded yards.
Navarro Ranch offers Lennar's signature Everything's Included® program, where the homebuilder's most popular options and upgrades are built into the base price of the home, including granite countertops and backsplashes, designer cabinetry, GE® stainless steel appliances, low-VOC interior paint and a host of other carefully curated interior touches and designer fixtures.
The Navarro Ranch Welcome Home Center is located at 6022 Angel Place, within the Navarro Ranch masterplanned community. Residents will enjoy ample amenities including a community center, a fitness center, a park, an Olympic-sized lap pool and a resort-style swimming pool. The community will also offer a lifestyle director to facilitate recreational activities.
The community boasts local shopping and eateries and quick access to New Braunfels, the popular Gruene Historic District and the 227-acre Max Starcke Park, which offers fishing, trails, picnic areas, sport courts, playgrounds, a wave pool and an 18-hole golf course. The community is also in close proximity to ample dining and shopping options offered at Creekside Crossing and Tanger Outlet Malls.
For commuting residents, Navarro Ranch is adjacent to State Highway 123 and just minutes from Interstates 10 and 35. The community is less than 40 miles away from San Antonio Airport and 45 miles from Austin Airport. Children living at Navarro Ranch are served by the Navarro Independent School District. Seguin is also home to Texas State University, providing a broad postsecondary curriculum.
For more information on these new communities, call (210) 393-8095, visit www.lennar.com or visit Navarro Ranch community website.
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit lennar.com.
Contact: Danielle Tocco
Vice President Communications
Lennar Corporation
Danielle.Tocco@Lennar.com
Direct Line: 949.789.1633
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SOURCE Lennar | https://www.kxii.com/prnewswire/2022/06/17/lennar-celebrates-grand-opening-navarro-ranch-seguin-tx-northeast-san-antonio/ | 2022-06-17T20:00:30Z |
Brighton misses penalty and draws with Norwich 0-0 in EPL
BRIGHTON, England (AP) — Neal Maupay misses a first-half penalty and Brighton and visiting Norwich play out a goalless draw in the English Premier League. Brighton dominates its bottom-of-the-table opponent and Maupay has the chance to break the deadlock in the 29th minute. But he blazes over and squanders another late chance to ensure a second stalemate of the campaign between the teams It means Brighton’s wait to celebrate a home goal continues. It hasn’t scored at home since Jan. 18. Norwich’s quest to end a run of six straight defeats is not helped by more injury problems. Five players were ruled out from their last match three weeks ago — a 2-1 defeat to a stoppage-time goal at Leeds. | https://localnews8.com/sports/ap-national-sports/2022/04/02/brighton-misses-penalty-and-draws-with-norwich-0-0-in-epl/ | 2022-04-02T19:13:04Z |
Which navy blue curtain is best?
When you don’t want sunlight streaming in through your windows or you just need some privacy, curtains are a must. Navy blue is considered one of the most calming colors, making it an excellent choice for curtains.
But before you make a decision, you’ll need to consider how you want to hang them, the size you need and whether you want blackout curtains or something more sheer. If you want to block out light completely and dampen sound as well, the Flamingo P Thermal Insulated Navy Blue Blackout Curtains are an excellent choice.
What to know before you buy a navy blue curtain
Heading
Navy blue curtains use a variety of methods to attach to the curtain rod or track.
- Grommets are the most common. They are metal- or plastic-reinforced loops that your curtain rod slides through to keep them up.
- Loops are similar to grommets in that they’re, well, loops. The difference is they are not reinforced, and are usually behind the edge of the curtain rather than being cut into the edge.
- Tabs are similar to loops in that they’re not reinforced pieces of fabric, but tabs are attached to the top edge so that the curtain hangs down from them.
- Pockets use long, hollow tubes made of the same fabric as the curtain that the curtain rod slides through. It’s a popular method as it both hides the system of hanging — except for the ends of the rod — and is extremely durable.
Width and length
Finding the right width and length for navy blue curtains isn’t as simple as it seems.
- Width: Finding the right width comes down to the length of your curtain rod, not the width of your window. Once you have your rod’s length, multiply it by two to find the width of curtain you need. You want wider curtains so they can drape nicely, instead of being stretched to their limit just to cover the window. Also, keep in mind that curtains list their lengths either per curtain or as a total of the two, so be sure which you’re looking at.
- Length: Curtain lengths are much easier to find, as there are three standard lengths to choose from. They either end an inch or so above the sill, 6 inches below it or hang just above the floor. Take your measurement for your preferred look and shop around.
What to look for in a quality navy blue curtain
Blackout vs. voile
Most navy blue curtains are either blackouts or voiles, each with its own considerations.
- Blackout curtains block all or nearly all light coming through them. As such, their color is rarely affected, and if it is affected, it’s rarely more than just pinpricks of light shining through.
- Voile curtains, on the other hand, are sheer and allow most of the light to stream through them. Expect the color of the curtains to change throughout the day as more or less light filters through them. It can also color the light streaming in, so you’ll have planes of navy blue across your room.
Thermal insulation and sound reduction
Thanks to their thickness, most blackout navy blue curtains have some degree of thermal insulation to make your space more energy efficient. They can also dampen outside noise to give you extra peace and quiet. If this appeals to you, popular fabrics to look for are polyester, velvet and microfiber. Voile curtains may provide minimal insulation if they’re lined.
How much you can expect to spend on a navy blue curtain
Most navy blue curtains come in pairs with costs of $15-$300. Basic, but still effective, curtains usually cost less than $30, but be cautious — this price range may only include one curtain. Midrange curtains typically cost $40-$80, with high-end curtains starting around $100.
Navy blue curtain FAQ
How do I care for navy blue curtains?
A. Most navy blue curtains are machine-washable and -dryable, though they have specific instructions such as what water temperatures and cycles to use. Those that aren’t can usually be dry-cleaned or steamed with the right tools.
Can I layer blackout and voile curtains?
A. Absolutely. In fact, it’s a common practice, especially in the bedroom. Use only the voile curtains when you want some natural light and a bit of privacy. Close the blackout curtains when you want to darken the room or for better insulation and noise reduction.
What’s the best navy blue curtain to buy?
Top navy blue curtain
Flamingo P Thermal Insulated Navy Blue Blackout Curtains
What you need to know: These keep out noise and light and look great doing it.
What you’ll love: They come in eight sizes and use a double-layer fabric system to fully block light, limit sound and even lower your energy usage. They’re machine-washable and -dryable and use reinforced grommets for an attractive, simple hanging system.
What you should consider: A few consumers received curtains with stains that couldn’t be seen until highlighted by light filtering through the curtain. Others had issues with wrinkling.
Where to buy: Sold by Amazon
Top navy blue curtain for the money
Deconovo Room-Darkening Thermal Insulated Navy Blue Blackout Curtain
What you need to know: This is an efficient low-cost curtain.
What you’ll love: It’s available in 12 sizes and is made of polyester for easy washing and drying. The grommets provide an easy reinforced hanging system compatible with most curtain rods. It blocks plenty of light, limits sound and can lower your energy bill.
What you should consider: A few customers received incorrectly sized curtains. They aren’t as wide as most curtains and only one curtain is included in a purchase instead of the standard two.
Where to buy: Sold by Amazon
Worth checking out
Utopia Bedding Thermal Insulated Navy Blue Blackout Curtains
What you need to know: These are effective though not without some quirks.
What you’ll love: They’re made of polyester to be machine-washable and -dryable as well as durable, and they come in lengths of 63 or 84 inches. They are thick enough to block all light as well as limit sound, all while being energy efficient.
What you should consider: Some purchasers received mis-measured curtains. Others noted an odd smell that needed a few rounds of washing to get rid of. They have no grommets.
Where to buy: Sold by Amazon
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Jordan C. Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-navy-blue-curtain/ | 2022-04-25T23:13:03Z |
WASHINGTON (NEXSTAR) – Federal lawmakers and leaders are sounding the alarm about the dangers of TikTok after new reports revealed that the private data of United States users is being accessed in China.
The popular app is owned by the Chinese company ByteDance, but is used by tens of millions of people in the U.S.
While Americans use the app to create and watch videos with dances, jokes and memes, Commissioner Brendan Carr with the Federal Communications Commission believes there is danger among that seemingly harmless content.
“Beneath the surface, TikTok is pulling all sorts of sensitive and personal data. Everything from search and browsing history, keystroke patterns and rhythm, biometrics including faceprints and voiceprints,” Carr said.
For years, TikTok executives have tried to reassure U.S. users that their data is protected and kept separate. But in June, Buzzfeed News reported that Chinese engineers and executives have been given full access to the private data of U.S. users. That caused concern among lawmakers, leaders and cybersecurity experts. They fear China could use the private data for things like targeted blackmail, political manipulation and technical advancements in building artificial intelligence.
That potential is something Sen. Mark Warner finds alarming.
“To have China have access to that should scare the dickens out of all of us,” Warner, D-Va., said. “This is a security concern. It is, quite frankly, a business advantage to the Chinese overall.”
That’s why he and Sen. Marco Rubio, R-Fla., are asking the Federal Trade Commission to investigate TikTok and their data-sharing practices.
“My hope is the FTC will respond and we can put in place the kind of privacy protections that, right now, are just not being provided to Americans,” Warner said.
Commissioner Carr also found the latest revelations unsettling, and is supportive of federal agencies investigating. He points out that, in addition to the request for the FTC to investigate TikTok, the Treasury Department and Commerce Department have also launched investigations into the app.
“It was really disturbing to me, knowing what we know about China’s nefarious intentions,” Carr said. “We need to have a full transparent disclosure from TikTok about where all this data has been flowing. Let’s just be upfront and honest about it. And I think we need to very quickly move forward with all of those pending federal inquiries.”
Carr also asked the CEOs of both Apple and Google to take the app out of their app stores. He says he hasn’t gotten a response from them yet, but is hopeful they will.
He acknowledges that a certain amount of harm has already been done, with the private data already exposed and potentially in the hands of China. However, he says the need for action is urgent because we haven’t seen the full repercussions of that exposure.
“All of that are harms that are yet to be realized, so there is value in taking action right now,” Carr said. “Whether it’s the FTC, Treasury, Commerce – we take immediate action and stop these surreptitious flows of data back into China.”
Dr. Aaron Brantly, a Virginia Tech cybersecurity expert who runs the Tech4Humanity Lab, is not optimistic that federal regulators will impose strong enough regulations. Instead, he’s pushing for Congress to pass data privacy legislation.
“The best solution would be a legislative solution to require onshoring of U.S. national data. So no data of U.S. persons should be allowed to leave the territorial boundaries of the United States without the express legal written permission of the user,” Brantly said.
If we don’t strengthen data privacy protections, Brantly warns that gives China a meaningful edge against the U.S. because China actually bans U.S. platforms within their boundaries.
“So we don’t have that kind of reciprocal access to data that they are acquiring and leveraging to train and build artificial intelligence and other types of platforms. And so that puts us at a comparative disadvantage for being able to engage in types of activities that they might be engaging in against us,” Brantly said.
Sen. Warner also thinks a national data protection law is long overdue, but doesn’t agree that full onshoring U.S. data is the solution.
“I’m not sure the full solution is all data localization country by country because, in many ways, that could in a sense almost break the internet,” Warner said. “If every country says, ‘we want to keep all our data on a localized basis,’ one – that would undermine American companies. But two – it doesn’t guarantee the kind of level of protection that we’d need.”
In response to the reporting, TikTok said it is now storing all of its U.S. user data in Oracle’s cloud service. However, that didn’t do much to mitigate concerns.
“The tools were built by China, in China. So I don’t think that’s going to be a solution in and of itself,” Carr said.
As U.S. leaders put pressure on federal agencies to act, they’re also publicly warning people that their private information could be at risk.
“TikTok is quite popular. But it shouldn’t be that popularity at the cost of every American’s individual privacy,” Warner said. | https://cw33.com/news/washington-dc-bureau/us-leaders-sound-alarm-on-tiktok-data-privacy-concerns/ | 2022-07-14T00:31:11Z |
PITTSBURGH, Aug. 9, 2022 /PRNewswire/ -- "I thought there could be a better way to separate one coffee filter from the stack without struggling or licking your fingers," said an inventor, from Greenwood, Ark., "so I invented EASY SEPARATE COFFEE FILTERS. My design also enables you to determine how many filters remain within the stack."
The patent-pending invention provides an easier way to separate and remove coffee filters from a stack. In doing so, it eliminates the need to struggle with traditional filters. As a result, it saves time and effort and it could help to prevent ripped, torn and wasted filters. The invention features a simple and user-friendly design that is easy to use so it is ideal for households and commercial kitchens. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JMT-134, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/08/09/inventhelp-inventor-develops-easy-to-separate-coffee-filters-jmt-134/ | 2022-08-09T18:15:24Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- Along with high blood pressure, diabetes, and smoking, environmental factors such as air pollution are highly predictive of people's chances of dying, especially from heart attack and stroke, a new study shows.
Led by researchers at NYU Grossman School of Medicine and the Icahn School of Medicine at Mount Sinai, the study showed that exposure to above average levels of outdoor air pollution increased risk of death by 20%, and risk of death from cardiovascular disease by 17%.
Using wood- or kerosene-burning stoves, not properly ventilated through a chimney, to cook food or heat the home also increasd overall risk of death (by 23% and 9%) and cardiovascular death risk (by 36% and 19%). Living far from specialty medical clinics and near busy roads also increased risk of death.
Publishing in the journal PLOS ONE online June 24, the findings come from personal and environmental health data collected from 50,045 mostly poor, rural villagers living in the northeast Golestan region of Iran. All study participants were over age 40 and agreed to have their health monitored during annual visits with researchers dating as far back as 2004.
Researchers say their latest investigation not only identifies environmental factors that pose the greatest risk to heart and overall health, but also adds much-needed scientific evidence from people in low- and middle-income countries. Traditional research on environmental risk factors, the researchers note, has favored urban populations in high-income countries with much greater access to modern health care services.
Compared with those who have easier access to specialized medical services, those living farther away from clinics with catheterization labs able to unblock clogged arteries, for example, were at increased risk of death by 1% for every 10 kilometers (6.2 miles) of distance. In Golestan, most people live more than 50 miles (80 kilometers) away from such modern facilities.
Study results also showed that the one-third of study participants who lived within 500 meters (1,640 feet) of a major roadway had a 13% increased risk of death.
"Our study highlights the role that key environmental factors of indoor/outdoor air pollution, access to modern health services, and proximity to noisy, polluted roadways play in all causes of death and deaths from cardiovascular disease in particular," says study senior author and cardiologist Rajesh Vedanthan, MD, MPH.
"Our findings help broaden the disease-risk profile beyond age and traditional personal risk factors," says Vedanthan, an associate professor in the Department of Population Health and the Department of Medicine at NYU Langone Health.
"These results illustrate a new opportunity for health policymakers to reduce the burden of disease in their communities by mitigating the impact of environmental risk factors like air pollution on cardiovascular health," says study lead author Michael Hadley, MD, a fellow in cardiology and incoming assistant professor of medicine at Mount Sinai.
By contrast, the study showed that other environmental factors included in the analysis — low neighborhood income levels, increased population density, and too much nighttime light exposure — were not independent predictors of risk of death, despite previous research in mostly urban settings suggesting otherwise.
For the investigation, researchers analyzed data gathered through December 2018. They then created a predictive model on overall death risk and death risk from cardiovascular disease.
The research team plans to continue its analysis and hopes to apply the predictive model to other countries with the aim of fine-tuning its predictive capacity. They say their new tool could serve as a guide for evaluating the effectiveness of environmental, lifestyle, and personal health changes in reducing mortality rates worldwide.
According to the World Health Organization, one-quarter of all deaths worldwide are now attributable to environmental factors, including poor air and water quality, lack of sanitation, and exposure to toxic chemicals.
Funding for the study was provided by U.S. National Institutes of Health grant R21HL140474.
Besides Vedanthan, other NYU Langone researchers involved in this study are Samrachana Adhikari, PhD; and Jackie Szymonifka, MA. Other study co-investigators are Mahdi Nalini, PhD; Akram Pourshams, MD; Hossein Poustchi, PhD; Sadaf Sepanlou, MD; and Reza Malekzadeh, MD, at Tehran University of Medical Sciences in Iran; Arash Etemadi, PhD; Christian Abnet, PhD; and Neal Freedman, PhD, at the National Cancer Institute in Bethesda, Md.; Farin Kamangar, PhD, at Morgan State University in Baltimore, Md.; Masoud Khoshnia, MD, at Golestan University; Tyler McChane, MD, at Icahn School of Medicine at Mount Sinai; and Paolo Boffetta, PhD, at Stony Brook University in New York and the University of Bologna in Italy.
Media Inquiries
David March
212-404-3528
david.march@nyulangone.org
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SOURCE NYU Langone Health | https://www.kxii.com/prnewswire/2022/06/24/environmental-factors-predict-risk-death/ | 2022-06-24T19:34:26Z |
Dry and warm weather continues on the Suncoast
SARASOTA, Fla. (WWSB) - High pressure will slowly reorientate itself over the Atlantic today. This eastward movement will twist the winds and bring a flow across Florida out of the east. This long fetch of wind off of the Atlantic will slowly transport moisture into the Suncoast.
However, it will take until the weekend before enough moisture is in the air to support even minor chances for showers. We will stay dry today and tomorrow with humidity low enough that the warm afternoon highs will remain comfortable for warm weather lovers. Winds stay elevated today and small craft advisories are in effect all day.
By the end of the week, the afternoons will feel muggy by most people’s measure. The good news is that the winds will relax by then so that the sea breeze will be able to push inland and a greater number of folks will enjoy its cooling effects. Also, inland weekend storms inland in the afternoon will help break the heat of the day.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/20/dry-warm-weather-continues-suncoast/ | 2022-04-22T04:20:39Z |
MIAMI, July 18, 2022 /PRNewswire/ -- El Car Wash ("El"), the largest and fastest growing express car wash operator in South Florida, today announced that Warburg Pincus has acquired the company from affiliates of Wafra Inc. ("Wafra"), Audrose Partners, and Fireside Investments. The investment will support El's continued expansion and its commitment to offering best-in-class services to its customers. Terms of the transaction were not disclosed.
El Car Wash is the leading car wash operator in South Florida across Miami-Dade, Broward and Palm Beach counties. The company currently operates 17 car wash locations with over 30 additional sites in development across Florida and plans to significantly expand its footprint through greenfield openings and future acquisitions. Today, El is a widely recognized brand known for its prime locations, high quality operations, distinctive aesthetics, and industry leading membership program. It is also the Official Car Wash of the Miami HEAT and a partner of Baptist Health.
"We have built El Car Wash into a market-leading platform by relentlessly focusing on delivering friendly customer service and a best-in-class wash experience via a dense network of clean and recognizable modern facilities. This strategy has generated a loyal, growing membership base that we hope to service more conveniently by rapidly expanding El's store footprint in partnership with Warburg Pincus," said Geoff Karas, Co-CEO of El Car Wash and Co-Founder of Audrose Partners. "El has experienced rapid growth over the past several years, and partnering with Warburg Pincus, who has a long-standing track record of cultivating world-class businesses, will allow us to accelerate our expansion efforts and help further define the industry perception of car washes as the innovative and prime retail experience that we deliver," added Justin Landau, Co-CEO of El Car Wash and Co-Founder of Audrose Partners.
"We are thrilled to partner with Justin, Geoff and the El team. They have built a company that is truly unique in its space. El has established itself as a pre-eminent car wash platform with highly skilled operators, state-of-the-art facilities and dedicated focus on customer service, all of which is highlighted by the strength of its membership program," said Jeff Goldfaden, Managing Director, Warburg Pincus. "We believe El has a unique offering and significant growth potential. El has an outstanding record of new store openings and successful acquisitions, and we are tremendously excited to support the team in their continued expansion, both in South Florida and in other attractive markets," added Zach Lazar, Managing Director, Warburg Pincus.
Adel Alderbas, Chief Investment Officer at Wafra, added, "We have enjoyed a fantastic partnership with Justin, Geoff and Fireside building El Car Wash from just 4 locations in 2019 to nearly 50 locations operating and under development as of today. Through our collective commitment to high quality real estate and best-in-class customer service, El has become one of the premier express car wash platforms in the country. We wish Warburg Pincus and the El Car Wash team great success as they continue to develop the El platform."
Jonathan Langer, Founder and CEO of Fireside Investment added, "We are proud of the world class platform we have been able to create with Justin, Geoff and Wafra and wish the entire El Car Wash team all the best going forward."
William Blair & Company, LLC served as exclusive financial advisor to El Car Wash in connection with the transaction.
About El Car Wash
El Car Wash is the leading express car wash operator in Florida with 17 operating sites and a development pipeline throughout the state. The company is the Official Car Wash of the Miami HEAT, a partner of the Miami Zoo and a partner of Baptist Health. El Car Wash strives to bring a high level of customer service with a dose of fun to Florida residents by efficiently providing a clean, dry, and shiny car, every time. Rain Doesn't Clean Cars. For more information, please visit www.elcarwash.com. Follow us on Instagram @elcarwash.
About Warburg Pincus
Warburg Pincus LLC is a leading global growth investor. The firm has more than $85 billion in assets under management. The firm's active portfolio of more than 250 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 21 private equity and 2 real estate funds, which have invested more than $106 billion in over 1,000 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com. Follow us on LinkedIn.
About Wafra
Wafra is a global alternative investment manager with approximately $33 billion of assets under management. Wafra invests across a range of alternative assets, including alternative and traditional real estate, strategic partnerships, real assets and infrastructure. By providing flexible and accretive capital solutions and focusing on long-term partnerships, Wafra aligns and partners with best-in-class asset owners, companies and management teams. Headquartered in New York, Wafra has additional offices in London, Kuwait and Bermuda. For more information, please visit: www.wafra.com.
About Audrose Partners
Audrose Partners is a private investment company co-founded by Justin Landau and Geoffrey Karas focused on identifying long-term value creation opportunities in operationally-intensive, thematic businesses.
About Fireside Investments
Fireside Investments is a private investment firm that backs experienced management teams to build leading real estate operating companies and platforms. The firm has invested in and helped build businesses in a variety of industries with attractive fundamentals including permanent exhibition space, private country clubs, marinas, and experiential hospitality. Since the firm's founding five years ago, it has led investments in businesses with an aggregate enterprise value in excess of $5 billion. For more information, please visit www.firesideinvestments.com.
Contact
El Car Wash
Geoff Karas
geoff@elcarwash.com
Justin Landau
justin@elcarwash.com
Warburg Pincus
Sarah McGrath Bloom
Sarah.Bloom@warburgpincus.com
Wafra
Katrina Allen, Edelman
Katrina.Allen@edelman.com
Fireside Investments
info@firesideinvestments.com
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SOURCE El Car Wash | https://www.mysuncoast.com/prnewswire/2022/07/18/el-car-wash-announces-acquisition-by-warburg-pincus/ | 2022-07-18T13:10:14Z |
WASHINGTON, June 7, 2022 /PRNewswire/ -- Two hundred years ago, the United States and Colombia established diplomatic relations, laying the groundwork for a fruitful partnership to promote shared values such as democracy, free trade, and prosperity in Colombia and throughout the Western Hemisphere.
Colombia can say is the oldest Latin American partner of the United States and that's why both countries celebrated a few days ago this bicentennial at The John F. Kennedy Center for the Performing Arts with an evening filled with spectacles that showed why this bilateral relationship is one of a kind.
The president of Colombia, Iván Duque, and the Ambassador of Colombia to the United States, Juan Carlos Pinzón, were joined by an all-star cast, including cast members from Encanto, the American singers Patti LaBelle and Billy Gilman, and the Colombian musical groups Herencia de Timbiquí and PISO 21, among others.
"It has been an incredible honor to witness so many important milestones that mark the recent history of this alliance and to play a part in the strengthening of the cooperation between Colombia and the United States", said Ambassador Pinzón. "May this celebration of the last two centuries of our special relationship informs and inspires the next two hundred years, so this bilateral partnership continues to be fruitful and mutually beneficial for Colombians and Americans alike".
Flavia Santoro, president of ProColombia, the government agency in charge of promoting Colombian goods and services, its tourism, and the attraction of foreign investment into the country, acknowledged the increasing importance of the American market for Colombia.
"The United States is Colombia's most important partner: it's the leading destination for Colombian non-mining exports such as flowers, fruits, coffee, software and IT services, beachwear, among others. It is also our main investor with investments that last year worth over US$1,7 billion. Plus, the United States is our major issuer of travelers to Colombia, and we have unparalleled air connectivity between our two nations with over 53,000 seats available per week bringing Colombian and Americans together", she said.
"This year is exceptional. Besides commemorating 200 years of bilateral relations, we celebrate 10 years of the US-Colombia Trade Promotion Agreement, and the 30th Anniversary of ProColombia. We are ready to keep building trust and position Colombia as an ideal destination for business and leisure in the in the next 200 years to come", Santoro concluded.
To learn more about this longstanding partnership, watch this video.
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SOURCE ProColombia | https://www.mysuncoast.com/prnewswire/2022/06/08/colombia-united-states-celebrated-200-years-bilateral-relations/ | 2022-06-08T01:23:32Z |
The new eleven-person firm was created by two former Merrill Lynch teams in order to create a superior advisory experience for clients at any asset level
INDIANAPOLIS, Sept. 9, 2022 /PRNewswire/ -- Sanctuary Wealth, home to the next generation of elite advisors, welcomes its latest partner firm, Auric Capital Partners. The new firm was formed by the melding of two former Merrill Lynch teams – Mittman & Associates, a Private Wealth Management Group team led by Michael J. Mittman, CEPA, CFA, CPWA® in Denver as well as McKelvy Schellenberg & Associates, a traditional wealth management advisory team led by Luke R. McKelvy, CIMA® and William A. Schellenberg – and has offices in Orange County, California and Denver, CO.
"We've been working hard over the past couple of years to enhance our ultra-high net worth solutions for Sanctuary partner firms and their clients," said Jim Dickson, CEO and Founder of Sanctuary Wealth. "Auric's decision to launch their new firm with Sanctuary is a testament to the breadth and depth of resources and capabilities that we've added on this front."
"As an independent firm, we will now sit on the same side of the table with our clients and have the ability to provide truly objective advice, as our only goal is adding value to each client's financial future," said Michael Mittman, CEPA, CFA, CPWA®, Partner, Managing Director, Advisory, Auric Capital Partners. "With Auric Capital Partners, we have assembled a team that has the scalability and expertise through the wealth management spectrum. Our firm has the ability to serve clients whether they have several hundred thousand dollars or several hundred million."
Michael Mittman has 24 years of investment management experience, the last 14 with Merrill Private Wealth Management, where he worked with a small number of ultra-high-net-worth families, institutions, and private foundations. He has earned the Certified Exit Planning Advisor (CEPA), Chartered Financial Analyst (CFA), Personal Investment Advisor, and Certified Private Wealth Advisor (CPWA®) designations and has a degree in economics from Duke University.
Prior to the launch of Auric Capital Partners, Luke McKelvy, and William A. Schellenberg each spent 25 years with Merrill Lynch Wealth Management and held the title of Wealth Management Advisor, Senior Vice President. McKelvy has earned the Certified Investment Management Analyst® (CIMA®) designation and is a graduate of Chapman University, while Schellenberg did his undergraduate work at University of Texas. Together they have worked to strategically align both sides of their clients' balance sheets in order to better position them for sustainable growth.
"We made the decision to partner with Sanctuary Wealth rather than set up our own RIA because after decades in the wirehouse environment, we had a tremendous experience in serving clients, but did not want to have to take on the responsibility of things like compliance and technology that were outside of our comfort zones," said Luke McKelvy, CIMA®, Partner, Managing Director, Operations, Auric Capital Partners. "Sanctuary offered us the type of support we were used to getting, but with the freedom to manage our business as we saw fit. We can own the client relationship and their information, and yet we have a strong partner to assist us on the aspects of the business that never touch the client. It's really the best of both worlds."
Also joining Auric Capital as Partners are Jeffrey A. Dewees, Managing Director, Investments; Arman Melikian, Managing Director, Investments; and Jay Tamkoc Managing Director, Advisory. Additionally, the 11-person teams includes: Anna T. Walters, Vice President, Operations; Kristen Freeman, Vice President, Client Service; Meghan Ide, Senior Associate, Client Service; John Kincannon, Associate, Client Service; and Francine England, Associate, Client Service.
"Auric Capital Partners serves as a great example of the flexibility that Sanctuary Wealth has to offer advisors seeking independence," said Vince Fertitta, President, Sanctuary Wealth. "The synergy that the union of these two great teams makes possible is not only a positive development for the advisors, but most importantly, it brings a lot more to their clients. Now that they are independent, they'll be able to have a truly bespoke relationship with their clients on their terms, without the distractions often found when employed by a large institution."
"When we met with the team at Sanctuary, we were instantly comfortable with their culture and how they have constructed their business model," added William Schellenberg, Partner, Managing Director, Advisory, Auric Capital Partners. "It was a refreshing change from what we had experienced in the past and definitely got us excited."
To learn more about Auric Capital Partners, please visit: www.auriccapital.com
Sanctuary Wealth (sanctuarywealth.com/) is the advanced platform for the next generation of elite advisors, who have the entrepreneurial spirit to build and own their own practices and desire the freedom to deliver the tailored service their clients deserve. Sanctuary Wealth's ecosystem of partnered independence provides a complete technology and operations platform, as well as support from a community of like-minded advisors and the resources of invaluable affiliated businesses. Currently, the Sanctuary Wealth network includes partner firms in 27 states across the country with approximately $25 billion in assets under advisement. Sanctuary Wealth includes the fully owned subsidiaries; Sanctuary Advisors LLC, an SEC-registered investment adviser, Sanctuary Securities, Inc. a FINRA member broker-dealer as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Family Office.
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SOURCE Sanctuary Wealth | https://www.wibw.com/prnewswire/2022/09/09/auric-capital-partners-is-latest-1-billion-team-choose-partnered-independence-with-sanctuary-wealth/ | 2022-09-09T19:10:19Z |
New Link in Bio App Gives Creators the Ability to Sell Curated Products in their Link in Bio
SAN DIEGO, Aug. 11, 2022 /PRNewswire/ -- Orca, a social commerce platform focused on helping creators launch and sell curated products through their online boutique, today announced the launch of the Orca app on Koji, the world's most powerful Link in Bio platform and the leading app store for social media.
Orca is a new app that lets creators integrate their Orca boutique shop of premium, hand-selected products into their link in bio. Using Orca, creators earn a commission off the products they sell to their audience through the app, providing another way to monetize both their audience and their link in bio. Creators who want to build their own online boutique can do so within minutes on the Orca web application by providing their name, social links, and the custom URL they want. Once their account is set up, creators can add products to their storefront and start selling immediately.
"We are beyond excited to join Koji's app store as the premier social commerce tool available to their creators. Koji has always offered more than just a link in bio, and this partnership presents an incredible monetization opportunity for their community and positions us as an exciting part of their growing ecosystem," said Garrett Perkins, Product Manager at Orca.
The new app is free to use and available today on the Koji App Store.
Sitting at the heart of social and live commerce, Orca allows anyone to create and customize their own online store. Orca sellers don't need any products to get started, they simply curate their store with products from Orca's ever-expanding catalog of thousands. Orca empowers creators to monetize their content on the platform of their choice with zero startup costs. Additionally, Orca has produced over 600 hours of live stream shopping shows, including serving as the producer of Zappos' live shopping show, Zappos Live.
Koji is the world's most powerful Link in Bio platform. With hundreds of free apps created by Koji and its community of independent developers, the Koji Link in Bio gives leading Creators on TikTok, Instagram, Twitch, and other social media platforms new ways to engage audiences, connect with supporters, and monetize. Koji launched in March 2021 and has raised $36 million in venture capital.
PRESS CONTACT
Sean Thielen
sean@withkoji.com
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SOURCE Koji | https://www.mysuncoast.com/prnewswire/2022/08/11/social-commerce-platform-orca-announces-orca-app-creator-economy-platform-koji/ | 2022-08-11T15:58:19Z |
RICHMOND, Va., July 5, 2022 /PRNewswire/ -- Dominion Energy (NYSE: D) will host its second-quarter 2022 earnings call at 10 a.m. ET on Friday, Aug. 5, 2022. Management will discuss matters of interest to financial and other stakeholders including recent financial results.
A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com.
For individuals who prefer to join via telephone, domestic callers should dial 1-800-420-1271 and international callers should dial 1-785-424-1205. The passcode for the telephonic earnings call is 98021. Participants should dial in 10 to 15 minutes prior to the scheduled start time.
A replay of the webcast will be available on the investor information pages by the end of the day Aug. 5. A telephonic replay of the earnings call will be available beginning at about 1 p.m. ET on Aug. 5. Domestic callers may access the recording by dialing 1-800-839-9307. International callers should dial 1-402-220-6085. The PIN for the replay is 98021.
About Dominion Energy
About 7 million customers in 14 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.
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SOURCE Dominion Energy | https://www.kxii.com/prnewswire/2022/07/05/dominion-energy-schedules-second-quarter-2022-earnings-call/ | 2022-07-05T20:43:21Z |
CEDARHURST, N.Y., June 1, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Riskified Ltd. (the "Company") (NYSE: RSKD) if they purchased or acquired the Company's Class A common stock in or traceable to the Company's July 2021 initial public offering (the "IPO"). Shareholders have until July 1, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/rskd-ipo/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
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.wibw.com/prnewswire/2022/06/02/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-riskified-ltd-rskd/ | 2022-06-02T04:03:17Z |
“And I can’t change, Even if I tried, Even if I wanted to ...”
— Mary Lambert
It was in the 1980s, and I was working late-nights at a gas-and-sip, trying to make enough money to keep the lights on and the family fed while I attended Abraham Baldwin Agricultural College in Tifton.
In between doing homework assignments and selling sixers and candy bars, I had one of those lightning-striking-twice-in-the-same-place experiences that still kind of befuddles me to this very day, some 40 years later.
In the matter of a couple of months, I had two people I knew very well — though, obviously not as well as I thought — “come out” to me. One was white, one black and both female. But looking back, their stories were so similar, they couldn’t have been scripted better.
When Lucy (not her real name) came by my convenience store one late afternoon, a few minutes after I’d gone on the clock, we caught up on old times. I was a college freshman at ABAC, but I was not a right-out-of-high-school freshman. I’d already married and had a young son when I got the bright idea to go back to school, and Lucy and I hadn’t seen each other since the day we both graduated with the Irwin County High School Class of ’74.
When she found out I was working pretty much all day after I got out of classes, up until midnight, she started coming around most afternoons. We had an easy rapport, and we knew enough of the same people to share a little hometown gossip.
One day, though, Lucy, who was always quiet and kind of shy in school, came in and was antsy as she sipped a soda and we started our gabfest. She seemed distracted, and after about an hour or so of her visit — when there was a lull in the commerce — I asked her what was on her mind. She seemed startled that I’d asked, but she grew quiet.
I was about to ask her what was up with her, when she blurted out, “Can I tell you something?” I said, “Sure,” but she quickly followed with, “I really don’t want you to change the way you feel about me, but I want to tell you this.”
I told her I thought we were close enough not to let anything in our lives changed the way we felt, and she said, “I’m gay ... I like girls.”
People talk about “gaydar” and how they can always tell if a person is gay or straight, but I’ve never developed such a talent, reason being I decided long ago I did not care one whit about anyone else’s sexual orientation. I think I realized that when a lot of my friends talked about Elton John coming out and saying that they would not buy any more of his music and asking me if I felt the same.
I didn’t even stop to worry about how my answer would impact my relationship with them, I simply said, “I loved Elton John’s music yesterday, and what he announced today doesn’t change how I feel about him or his music one bit.”
Lucy was so relieved, she hugged me tight. We talked a little about her struggles to try and live up to others’ expectations, and one day before she left to move to another town, she told me, “You’re so easy to talk to and so non-judgmental ... I wish you were a girl.”
I think that was a compliment.
I didn’t have very long to miss Lucy before another old high school friend started dropping in to chat while I “worked.” “Sheila” (again, not her name) and I talked about our old friendships in school and, just as I had with Lucy, we developed a rapport that had us sharing maybe not our most intimate secrets but the kinds of things you maybe didn’t talk about with just casual acquaintances.
One day, you guessed it, Sheila hit me with the almost identical thing as Lucy: “Can I tell you something without you thinking bad of me?” “Do you promise you won’t judge me? ... “I’m gay. I have a girlfriend.”
She even showed me a picture.
I thought about Sheila and Lucy this week while I talked with members of the Out and About Proud LBGTQ group that planned its first community event, the weekend OUT in the Wild at Chehaw Park. I’ve come to know many more gay folks since those eerily similar encounters in Ocilla, and my opinion about people’s sexual preference has not changed even a little bit: That’s their business. If they find happiness, God bless them.
But one thing that has nibbled away at me as I’ve thought about people like Lucy, Sheila and others I’ve met over the years, many of whom were afraid to tell family or close friends that they were gay. I wish like everything that I’d told them the same thing that I’d tell anyone now in similar circumstances: Live your life, live it to the fullest, and — most of all — be who you are. | https://www.albanyherald.com/local/carlton-fletcher-remembering-surprisingly-similar-intimate-moments-with-friends/article_2a1b2fe8-f4bf-11ec-b3d5-cfd70a6e3cd3.html | 2022-06-25T23:27:38Z |
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Activate your digital account | https://www.cantonrep.com/restricted/?return=https%3A%2F%2Fwww.cantonrep.com%2Fstory%2Fsports%2Fhigh-school%2Ftrack-field%2F2022%2F04%2F29%2Fmason-tucci-lexi-tucci-sandy-valley-high-school-siblings-track-and-field-state-field-contenders%2F9543174002%2F | 2022-04-29T10:22:58Z |
SHANGHAI, June 10, 2022 /PRNewswire/ -- The fifth China International Import Expo will take place from November 5-10 this year.
Buoyed by its opening-up policy, continuous optimization of the business environment and strong economic resilience, China will remain a hot investment destination in the years to come, said global experts at the World Economic Forum (WEF) 2022 in Davos, Switzerland.
China's stable economic growth is of great significance to a global recovery, WEF President Borge Brende said in a recent interview. "So long and medium term, I'm quite bullish on China's economy," said the president.
In addition to China's own economic size, business leaders also agreed that China's approach and commitment to globalization also matter. Chinese leaders have repeatedly reaffirmed commitment to economic globalization and free trade, including during speeches at the WEF.
A major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been successfully held for four consecutive years and is widely regarded as an international public good for economic globalization and multilateral trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.
Since its inception in 2018, the expo has been growing in scale and influence. For example, the area of its business exhibition increased from 270,000 square meters in 2018 to 366,000 square meters in 2021, while the first three editions have helped channel about $30.5 billion in foreign investment into 622 projects.
According to a report on the business exhibition of the fourth CIIE, which took place from November 5-10, 2021, more than 2,900 companies from 127 countries and regions participated in the exhibition. Among them, 622 companies are from countries along the Belt and Road while 125 are from Central and Eastern Europe and 87 are from Africa. Companies from about 30 least developed countries were provided with free booths at the fourth CIIE.
The report also shows that 274 industry-leading companies, some of which are on the Global 500 list, attended last year's expo. During the fourth CIIE, $70.72 billion worth of tentative deals were clinched.
As the CIIE enters its fifth year, multinational exhibitors have continued to express hope in participating in the fifth edition of the trade fair in November.
At an online meeting held by the CIIE Bureau recently, 15 high-profile corporate executives from different industrial committees of the CIIE Enterprise Alliance expressed confidence in Shanghai's anti-epidemic fight and the resilience of the Chinese market.
"Facing changes unseen in a century, we see that China has never stopped the pace of implementing opening-up when confronting challenges of the pandemic or the turbulence of the global situation. It has steadily advanced the annual CIIE, which provides broader opportunities for industry exchanges and stronger confidence," said Jean-Christophe Pointeau, president of Pfizer Biopharmaceuticals Group China during the online meeting.
Pointeau added that Pfizer's products became more accessible to ordinary people in China and brought benefits to many Chinese patients through the annual expo.
Despite the ongoing COVID-19 pandemic, the fifth CIIE will be held from November 5 to 10 this year as scheduled.
The CIIE Bureau recently released several favorable measures to help exhibitors overcome difficulties in production and operation caused by the COVID-19 pandemic and other factors.
For example, exhibitors that set up their own booths will be entitled to a 300-yuan ($45.14) subsidy for each square meter of their exhibition space. The subsidies, which shall be no more than the cost of setting up the booth, can be redeemed directly or used to offset booth fees at the sixth CIIE or costs incurred during the fifth CIIE, including costs for forums, activities, hotels and advertisements.
The registration deadline for the fifth CIIE has also been extended to July 31, 2022.
To date, more than 75 percent of the planned exhibition space of the 5th CIIE has been reserved. More than 250 Fortune Global 500 companies and industry leaders, as well as most of the world's top 10 companies in the pharmaceutical, medical equipment and automobile industries have confirmed their participation in the expo.
Opening-up is the hallmark of contemporary China. The CIIE demonstrates China's resolve to expand high-level opening up, share development opportunities with the world and make economic globalization more open, inclusive, balanced and beneficial for all.
It is time to seize the myriad opportunities in the Chinese market through the CIIE. Be sure to sign up for the fifth edition this year. Click here to register: https://www.ciie.org/exhibition/f/book/register?locale=en&from=enpress
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SOURCE China International Import Expo (CIIE) | https://www.mysuncoast.com/prnewswire/2022/06/10/ciie-gearing-up-its-fifth-edition/ | 2022-06-10T13:03:28Z |
Paulig chooses Infor CloudSuite Food & Beverage to realize its One Paulig business transformation
HELSINKI, Aug. 18, 2022 /PRNewswire/ -- Infor, the industry cloud company, today announced that Paulig, an international, family-owned food and beverage company, has selected Infor CloudSuite Food & Beverage. The industry-specific suite of Infor applications, delivered in the multi-tenant cloud, will support Paulig's business transformation to harmonize processes and streamline its operating model internationally.
Learn more about Infor CloudSuite Food & Beverage: www.infor.com/products/cloudsuite-food-and-beverage
Paulig is a Finnish family-owned food and beverage company that provides primarily coffees and beverages, Tex Mex and spices, snacks and plant-based choices to an international market. Its brands are Paulig, Santa Maria, Risenta and Poco Loco. The company has 2,300 employees in 13 countries.
"Paulig chose Infor based on its deep industry-specific functionality and having a true modern cloud solution that is always up to date. The solution enhances productivity and visibility through all operations at Paulig," says Marika Lindström, Paulig's CIO.
The solution consists of core ERP (Infor CloudSuite Food & Beverage), product life cycle management (Infor PLM for Process), production scheduling (Infor Supply Chain Planning), and warehouse mobility (Infor Factory Track). Like other Infor products, the solution will be running on the Infor OS digital platform, residing on Amazon Web Services.
"Choosing Infor as a partner for our business transformation program will help our organization work as One Paulig. We need to have increased visibility into our processes, which is something that Infor provides with their modern, cloud solution in a trustworthy, industry-specific manner," says Juha Väre, Paulig's CFO. "We believe Infor's capabilities help Paulig reach a new level of efficiency in our organisation and improve services to our customers."
Malin Petterson, Infor EMEA North general manager, says, "We are thrilled to welcome Paulig as a new customer in the Infor family. Infor respects Paulig's strong heritage and brands in Europe."
Juha Levo, Infor country manager for Finland, continues, "With strong roots in Northern Europe for both companies, Infor will serve Paulig with a wide local ecosystem for cooperation and support in all the Paulig operating countries."
Paulig is a family-owned food and beverage company, growing a new, sustainable food culture – one that is good for both people and the planet. Paulig provides all things tasty: coffees and beverages, Tex Mex and spices, snacks and plant-based choices. The company's brands are Paulig, Santa Maria, Risenta and Poco Loco. Paulig's sales amounted to EUR 966 million in 2021. The company has 2,300 passionate employees in 13 countries working around the purpose: For a life full of flavour. Visit www.pauliggroup.com
Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 60,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. Visit www.infor.com.
Media contact
Richard Moore
Infor
Richard.Moore@Infor.com
+447976111243
Copyright ©2022 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com
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SOURCE Infor | https://www.mysuncoast.com/prnewswire/2022/08/18/paulig-adds-flavour-with-infor/ | 2022-08-18T14:14:58Z |
Man arrested for brutal beating death of 77-year-old grandfather, police say
BLOOMFIELD, Conn. (WFSB/Gray News) – A 77-year-old man has died after he was brutally assaulted by his grandson in Connecticut on Friday, according to police.
Kevin Carter, 32, was arrested for the death of his grandfather, Thomas Savage.
Bloomfield police said they responded to a home around 9 p.m. for reports of a serious assault. When officials got to the scene, they detained Carter in the driveway and gave medical care to Savage.
Savage was rushed to the hospital, where he died Sunday.
The family member who made the 911 call told police they heard banging coming from the first floor. When they went to see what was happening, the caller found Savage on the floor suffering from severe head and facial injuries.
Carter was initially charged with assault of an elderly person, but the charges were upgraded from a case of domestic violence to a homicide after Savage died from his injuries.
Carter is being held on $700,000 bond.
In court, it was announced that Carter had assaulted his grandfather before and that he had been arrested at least six times, including for domestic violence, elderly assault, violating a restraining order, as well as risk of injury.
His family said he has served time in prison, but there are no convictions on his record. The family said the charges were dismissed after he was released.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/02/man-arrested-brutal-beating-death-77-year-old-grandfather-police-say/ | 2022-08-02T16:21:30Z |
Nationally recognized physician leader brings vast experience in health system leadership and value-based healthcare to the growing independent women's health group
VOORHEES, N.J., June 7, 2022 /PRNewswire/ --e 7, 2022) – Axia Women's Health (Axia), one of the nation's largest independent women's health groups, announced today the appointment of Gaurov Dayal, M.D., as the company's new chief executive officer. Dayal was appointed to the Axia board of directors earlier this year and assumes a CEO role held since 2017 by Charlie Choi, who will serve as an advisor to the company during the transition.
Dayal joins Axia from Everside Health, one of the largest direct primary care providers in the U.S., with almost 400 clinics across 34 states, where he served as president and chief operating officer. Prior to joining Everside, Dayal held senior leadership roles for the last 15 years at ChenMed, SSM Healthcare and Adventist Health Care. He also has experience at the clinical practice level, as the founder and physician at a pediatric hospitalist group.
"Dr. Dayal is a nationally recognized physician leader, with significant expertise in value-based healthcare and a strong track record of running and rapidly growing national medical groups," said Eileen Auen, Lead Independent Director for Axia Women's Health. "We are confident he will bring the perfect mix of experience to lead Axia forward on our collective strategy and vision as we continue to expand and position ourselves to be a leader in value-based care."
Sujit John, Managing Director, Private Equity Health and Life for Partners Group, owners of Axia Women's Health on behalf of their clients, added, "We're thrilled to have Dr. Dayal leading Axia Women's Health. His familiarity with our company, combined with his deep experience in leading large healthcare organizations, from an operations and clinical perspective, gives us the leader we need to guide Axia and all team members in this next stage of Axia's evolution."
Axia is on the forefront of delivering women's healthcare via a truly integrated model that treats patients across different phases of life, while supporting physicians' clinical autonomy and ability to focus on care. The company has partnered with more than 80 care centers comprising 200 locations and supporting nearly 500,000 patients annually, offering a wide range of care, including obstetrics, gynecology, laboratory, mammography, urogynecology, fertility and other sub-specialties.
"I'm honored to have been selected as the next CEO of Axia Women's Health, a company with a strong reputation and a tremendous promise for continued growth and quality care outcomes for women," said Dayal. "I'm looking forward to applying my experience in working directly with doctors and all team members to achieve our mission to create a more caring, connected and progressive women's healthcare community. The team has done an incredible job in positioning us for growth and to embrace value-based care. I look forward to helping Axia continue to lead the way in women's health."
To learn more about Axia Women's Health, its locations and services, please visit axiawh.com.
Axia Women's Health is a community of caring, connected, progressive health professionals committed to giving women more. Women deserve access to a more attentive, more sophisticated, more compassionate healthcare experience that meets their changing needs across time. We connect women to a wider spectrum of in-person and online care that delivers innovative technology and treatments. The strength of our network gives us the power to continuously elevate the quality of our care while preserving the personalized nature of our approach.
Our fast-growing network spans OB/GYN physicians, breast health centers, high-risk pregnancy centers, laboratories, urogynecology, fertility centers, and more. Together, we put women first by connecting them to the total care they need to lead healthier, happier lives.
Media Contact:
Kelly Raible
kelly.raible@axiawh.com
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SOURCE Axia Women's Health | https://www.kxii.com/prnewswire/2022/06/07/axia-womens-health-names-gaurov-dayal-md-chief-executive-officer/ | 2022-06-07T14:45:39Z |
Track and Field District Championship Recap
IDAHO FALLS, Idaho (KIFI) - Friday was a busy day across the region at multiple stadiums with district titles and state tournament berths on the line for many local athletes.
The 5A and 4A High Country championships were held at Madison High School, and some of the notable results included Madison's Cameron Porter winning the 5A Boys 100 meter race at 10.86. Every runner in that race set a personal record.
Plus, the 4x200m relays in 5A went to the Rigby boys and Madison girls, and the 4A 4x200m relays were won by the Skyline boys and Bonneville girls.
The 4A and 3A District 5 championships took place at Iron Horse Stadium. Among many winners, Pocatello's Matthew Christensen and Snake River's Johnny Jones won the boys long jumps, and Hallie Pearson and Madi Watt, also from Pocatello and Snake River, respectively, were victorious in the girls long jumps.
All three district 6 championships at 3A, 2A and 1A were at Thunder Ridge High School. Notable results included Leadore's Mackenzie Mackay winning the 1A girls 100 meter hurdles on a photo finish and Salmon's Colter Bennett taking the 2A boys 110 meter hurdles in a tight finish between three runners.
You can find the full results from all three events at this link. | https://localnews8.com/sports/local-sports/2022/05/13/track-and-field-district-championship-recap/ | 2022-05-14T04:51:09Z |
Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend
Published: Aug. 2, 2022 at 4:05 PM EDT|Updated: 2 hours ago
LOS ANGELES, Aug. 2, 2022 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2022:
The Board of Directors declared a quarterly dividend of $0.3175 per share. The dividend will be paid on September 29, 2022 to shareholders of record on September 15, 2022. The Board reduced the dividend as compared to prior periods to reflect challenging business conditions caused primarily by extraordinarily high inflation rates, particularly with respect to the settlement of claims. The Company is taking premium rate increases and non-rate actions to improve profitability. The Board will periodically review the Company's dividend policy and consider changes to the dividend pay-out when business conditions warrant.
Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in many states. For more information, visit the Company's website at www.mercuryinsurance.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Certain statements contained in this report are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the Company) and are subject to change based upon various factors, including but not limited to the following risks and uncertainties: changes in the demand for the Company's insurance products, inflation and general economic conditions, including general market risks associated with the Company's investment portfolio; the accuracy and adequacy of the Company's pricing methodologies; catastrophes in the markets served by the Company; uncertainties related to estimates, assumptions and projections generally; the possibility that actual loss experience may vary adversely from the actuarial estimates made to determine the Company's loss reserves in general; the Company's ability to obtain and the timing of the approval of premium rate changes for insurance policies issued in the states where it operates; legislation adverse to the automobile insurance industry or business generally that may be enacted in the states where the Company operates; the Company's success in managing its business in non-California states; the presence of competitors with greater financial resources and the impact of competitive pricing and marketing efforts; the Company's ability to successfully manage its claims organization outside of California; the Company's ability to successfully allocate the resources used in the states with reduced or exited operations to its operations in other states; changes in driving patterns and loss trends; acts of war and terrorist activities; pandemics, epidemics, widespread health emergencies, or outbreaks of infectious diseases; court decisions and trends in litigation and health care and auto repair costs; and legal, cybersecurity, regulatory and litigation risks. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise. For a more detailed discussion of some of the foregoing risks and uncertainties, see the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 15, 2022.
Information Regarding GAAP and Non-GAAP Measures
The Company has presented information within this document containing operating measures which in management's opinion provide investors with useful, industry specific information to help them evaluate, and perform meaningful comparisons of, the Company's performance, but that may not be presented in accordance with GAAP. These measures are not intended to replace, and should be read in conjunction with, the GAAP financial results.
Net income is the GAAP measure that is most directly comparable to operating income. Operating income is net income excluding realized investment gains and losses, net of tax. Operating income is used by management along with the other components of net income to assess the Company's performance. Management uses operating income as an important measure to evaluate the results of the Company's insurance business. Management believes that operating income provides investors with a valuable measure of the Company's ongoing performance as it reveals trends in the Company's insurance business that may be obscured by the effect of net realized investment gains and losses. Realized investment gains and losses may vary significantly between periods and are generally driven by external economic developments such as capital market conditions. Accordingly, operating income highlights the results from ongoing operations and the underlying profitability of the Company's core insurance business. Operating income, which is provided as supplemental information and should not be considered as a substitute for net income, does not reflect the overall profitability of the Company's business. It should be read in conjunction with the GAAP financial results. See "Supplemental Schedules" above for a reconciliation of net income to operating income.
Net premiums earned, the most directly comparable GAAP measure to net premiums written, represents the portion of premiums written that is recognized as revenue in the financial statements for the periods presented and earned on a pro-rata basis over the term of the policies. Net premiums written is a statutory financial measure which represents the premiums charged on policies issued during a fiscal period less any applicable reinsurance. Net premiums written is designed to determine production levels and is meant as supplemental information and not intended to replace net premiums earned. Such information should be read in conjunction with the GAAP financial results. See "Supplemental Schedules" above for a reconciliation of net premiums earned to net premiums written.
Incurred losses and loss adjustment expenses is the most directly comparable GAAP measure to paid losses and loss adjustment expenses. Paid losses and loss adjustment expenses excludes the effects of changes in the loss reserve accounts. Paid losses and loss adjustment expenses is provided as supplemental information and is not intended to replace incurred losses and loss adjustment expenses. It should be read in conjunction with the GAAP financial results. See "Supplemental Schedules" above for a reconciliation of incurred losses and loss adjustment expenses to paid losses and loss adjustment expenses.
Combined ratio is the most directly comparable measure to combined ratio-accident period basis. Combined ratio-accident period basis is computed as the difference between two GAAP operating ratios: the combined ratio and prior accident periods' loss development ratio. Management believes that combined ratio-accident period basis is useful to investors and it is used to reveal the trends in the Company's results of operations that may be obscured by development on prior accident periods' loss reserves. Combined ratio-accident period basis is meant as supplemental information and is not intended to replace the GAAP combined ratio. It should be read in conjunction with the GAAP financial results. See "Supplemental Schedules" above for a reconciliation of GAAP combined ratio to combined ratio-accident period basis.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/02/mercury-general-corporation-announces-second-quarter-results-declares-quarterly-dividend/ | 2022-08-02T22:01:21Z |
Ortek-ECD® Now Patented in Brazil
Without Using Radiation, The FDA-Cleared ECD Can Detect Small Cavities Often Missed by X-Rays
ROSLYN HEIGHTS, N.Y., May 17, 2022 /PRNewswire/ -- Ortek Therapeutics, Inc., a leader in developing and commercializing novel oral care technologies, today announced that the Brazilian Patent and Trademark Office has issued a patent covering the Ortek-ECD®, a revolutionary electronic cavity detection device that can detect tooth decay often missed by X-rays.
With the addition of this newly issued patent in Brazil, the ECD is now covered by 20 issued patents in major global markets with patents now issued in: the United States, Australia, Belgium, Brazil, Canada, China (People's Republic), Denmark, Finland, France, Germany, Greece, Ireland, Israel, Italy, Japan, Mexico, Netherlands, Spain, Sweden and the United Kingdom.
Tooth decay is the world's most common chronic disease and affects an estimated 2.3 billion people worldwide. The majority of cavities occur in the back teeth (molars and premolars). Without using radiation, the ECD painlessly measures the electrical conductance of enamel on these vulnerable sites and can immediately detect the earliest signs of tooth decay that X-rays
often miss. The ECD is cleared by the FDA and is in use by hundreds of dentists in the U.S.
"This is another important milestone for Ortek as we expand the international patent portfolio for the ECD," said Ortek President Mitchell Goldberg. "Early detection of any disease is critically important, and the ECD allows dental professionals to catch tooth decay at a very early stage which helps patients avoid the pain, damage and costs associated with more advanced cavities."
The breakthrough ECD technology was developed and tested at Stony Brook University School of Dental Medicine. Ortek has entered into an exclusive worldwide license to the ECD patents with The Research Foundation for The State University of New York.
About Ortek
Ortek Therapeutics, Inc. is a global leader in developing and commercializing cutting-edge oral care technologies. For more information on the company, visit ortekinc.com.
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SOURCE Ortek Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/05/17/orteks-electronic-cavity-detection-device-receives-20th-global-patent/ | 2022-05-17T16:27:08Z |
DALLAS, July 14, 2022 /PRNewswire/ -- Halloween decorators can recreate scenes from horror films and their worst nightmares with Gemmy's life-size animatronics, pathway stakes, musical light strings, and more from the Lowe's Haunted Living collection.
Kick up the fright factor with 6-ft life-size animated characters from the movies, including Halloween II's Michael Myers, A Nightmare on Elm Street's Freddy Krueger, and Friday the 13's Jason Voorhees. Dressed in their iconic clothing, these life-like characters make chilling movements and sound effects.
Also available is a 2.1-ft life-size animated Chucky in overalls and a striped sweater. With choppy red hair and a slashed face, Chucky speaks spooky phrases as he rolls around and raises his knife.
Programmed with sound and motion activation, these amazing life-size characters (MSRP $239.00 each) add a spine-tingling touch to a haunted evening with guests or trick-or-treaters. Each collapses for easy, end-of-season storage.
The collection also includes haunting musical light strings and pathway stakes with Halloween II's Michael Myers, A Nightmare on Elm Street's Freddy Krueger, and Friday the 13's Jason Voorhees.
More scares await with creepy characters straight out of your nightmares. Any sound or movement activates the 7-ft Reaper with Hourglass Animatronic (MSRP $199.00). Its lifeless face lights up green with red flashing eyes, turns at the waist and speaks taunting phrases to anyone passing by.
Creeping around the corner is a 5-ft animated Crouching Grave Digger (MSRP $159.00) with a shovel. Dressed in earthy tones and crouched in a digging position, this possessed grave digger speaks spooky phrases and raises his head to reveal flashing red eyes.
Complete the look with a 4.3-ft long Crawling Zombie dressed in tattered clothing. Placed on a floor or ground surface, he adds the perfect spooky surprise with blacked out, flashing red eyes and groaning sounds.
The Haunted Living horror collection (MSRP $34.98-$239.00) is available at select Lowe's stores and online at Lowes.com.
About Gemmy Industries
Gemmy Industries is a leading seasonal lighting and decor innovator that has changed the way America decorates for the holidays. As the originator of Airblown® Inflatables and LightShow® lighting, Gemmy is a trendsetter in making homes festive for every special occasion. For more information on product lines and retailers, go to www.gemmy.com.
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SOURCE Gemmy Industries | https://www.mysuncoast.com/prnewswire/2022/07/14/decorate-with-horror-characters-movies-your-worst-nightmares-this-halloween/ | 2022-07-14T21:59:37Z |
- Launches two EV brands –Iconic brand XUV with the Twin Peak logo in Copper and the all-new electric-only brand called BE
- Showcases five new electric SUVs based on the modular INGLO platform, using VW MEB platform components
- INGLO features one of the lightest skateboard and class-leading high energy-density batteries
- First of these e-SUVs to be launched towards end of 2024, starting with the Indian market
MUMBAI, India, Aug. 17, 2022 /PRNewswire/ -- Mahindra & Mahindra, India's leading SUV manufacturer, today unveiled its new state-of-the-art INGLO EV platform and five e-SUVs under two EV brands showcasing its vision for the future of electric mobility.
Mahindra's vision is to lead the electric mobility revolution in India by bringing authentic electric SUVs with cutting-edge technology, through the three key strategic pillars of Brand, Design and Technology.
Brand:
Bringing alive the sport in electric SUVs, Mahindra unveiled two new brands, created specifically to house the company's EV portfolio – Iconic brand XUV with the Twin Peak logo in Copper and the all-new electric-only brand called BE.
The iconic brand XUV will host a range of products that builds upon the Mahindra legacy while embracing the future. With a sophisticated futuristic design, pulsating performance and dynamic innovation, it is targeted at customers who have the passion to live life beyond boundaries while making a difference.
The bold, evocative and exhilarating BE brand, with its audacious new design language will target customers who want to define their life's journey their own way while making a difference: A brand that will let customers be who they want to be.
The manifestation of these two brands have been showcased via five e-SUVs: the XUV.e8, XUV.e9, BE.05, BE.07 and BE.09. The first four of these are to be launched between 2024 and 2026.
Design:
Common to these SUVs is the Mahindra new Heartcore design philosophy – a blend of unmissable presence, inner strength and attitude. Breaking new ground, these all-new e-SUVs will create an electrifying presence, both on the road and off it, while retaining the Mahindra core SUV heritage.
INGLO Technology:
Indian at heart and global in its reach, the INGLO platform encapsulates progressive battery technology, platform architecture, brain power and human machine interface. The name also symbolizes the flow and exchange of energy and emotion, a GLO of well-being, a system that brings complete harmony.
The cutting-edge INGLO platform will underpin all the Mahindra EVs going forward. The purpose-built platform will pack intuitive, intelligent and immersive innovations that will serve as the backbone of the Mahindra EV architecture and is the heart of its ultimate human-machine interface.
INGLO offers class-leading safety standards, exhilarating performance, excellent range and efficiency, exemplary driving dynamics, versatility and intelligent HMI. INGLO also delivers a multi-sensorial driving experience with a futuristic, augmented reality-enabled heads-up display, edge-to-edge screen, 5G network capability and Over-The-Air updates that will keep the EVs as good as new.
Dr Anish Shah, Managing Director & CEO, Mahindra Group, said, "We are proud and delighted to showcase our Born Electric vision. It provides a strategic direction that is in line with our core philosophy of 'Rise' – to be an organisation that will be counted among the best in the world and at the same time rise for our planet to fight against climate change. Mahindra will offer customers future-ready technology, head-turning design, world-class products and the benefits of global partnerships. By 2027, we expect that a quarter of the SUVs we sell will be electric."
Rajesh Jejurikar, Executive Director – Auto and Farm Sectors, Mahindra & Mahindra, said, "Our vision of Born Electric is underpinned by the future-ready INGLO platform, two new exciting brands and the Heartcore design philosophy. The five electric SUVs provide a powerful glimpse of our strategic direction and hews to the Mahindra attitude of a racing spirit and the attitude of adventure. We aim to not only electrify the roads but also the hearts and minds of SUV aficionados in India and around the world."
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SOURCE Mahindra & Mahindra | https://www.wibw.com/prnewswire/2022/08/17/mahindra-unveils-five-electrifying-suvs-under-two-brands-based-purpose-built-inglo-platform/ | 2022-08-17T18:14:43Z |
Results From the PARADIGM Phase 3 Head-to-Head Trial of Vectibix® (panitumumab) Versus Bevacizumab in Untreated RAS Wild-Type Metastatic Colorectal Cancer*
Largest Evaluation of Acquired Resistance to LUMAKRAS®/LUMYKRAS® (sotorasib) in KRAS G12C-mutated Cancers Inform Combination Treatment Approaches
THOUSAND OAKS, Calif., May 26, 2022 /PRNewswire/ -- Amgen (NASDAQ: AMGN) will present new data from across its broad oncology innovative medicines and biosimilars portfolio and robust pipeline at the American Society of Clinical Oncology (ASCO) Annual Meeting from June 3-7 in Chicago and virtually.
Oral presentations will showcase Amgen's medicines for both lung and colorectal cancers with a plenary session highlighting the results from the PARADIGM Phase 3 head-to-head trial conducted by Takeda Pharmaceutical Company in Japan comparing the efficacy of Vectibix® (panitumumab) versus Avastin® (bevacizumab), both used in combination with chemotherapy, in patients with previously untreated RAS wild-type metastatic colorectal cancer (mCRC)*. Data from a pooled analysis of CodeBreaK 100, representing the largest evaluation of mechanisms of acquired resistance in KRASG12C inhibition, offer new insights to help inform combination treatment approaches with LUMAKRAS®/ LUMYKRAS®.
"Amgen continues to lead the science in KRASG12C inhibition and is committed to advancing research into how LUMAKRAS can improve outcomes for more patients, including further defining resistance patterns to guide our robust combination treatment development program," said David M. Reese, M.D., executive vice president of Research and Development at Amgen. "In addition, the compelling head-to-head results further reinforcing the important role Vectibix plays in the treatment of colorectal cancer, illustrate how Amgen is expanding the impact of our first-in-class therapies in some of the most challenging-to-treat cancers."
In the CodeBreaK 100 analysis, investigators evaluated patterns of resistance to LUMAKRAS in patients with NSCLC (n=67) and CRC (n=45) at disease progression. At least one newly acquired genomic alteration at progression was detected in 19 (28%) NSCLC patients and in 33 (73%) CRC patients. The alterations were heterogeneous in both tumor types, with variants detected across multiple genes and pathways.
Other research highlights being presented on Amgen Oncology's growing precision medicine and T-cell engager pipeline include study updates on bemarituzumab, a potential first-in-class therapy for a subset of gastric and gastroesophageal cancers that overexpress fibroblast growth factor receptor 2 (FGFR2b), AMG 193, a small molecule methylthioadenosine (MTA) cooperative protein arginine methyltransferase 5 (PRMT5) inhibitor being investigated for the treatment of solid tumors, and tarlatamab, an investigational, first-in-class half-life extended (HLE) bispecific T-cell engager (BiTE®) molecule that is uniquely designed to target delta-like ligand 3 (DLL3) in neuroendocrine cancers.
Additional information on Amgen's abstracts is available on the ASCO website.
Abstracts and Presentation Times:
Amgen Sponsored Abstracts
LUMAKRAS®/LUMYKRAS® (sotorasib)
- Largest evaluation of acquired resistance to sotorasib in KRAS p.G12C-mutated non-small cell lung cancer (NSCLC) and colorectal cancer (CRC): plasma biomarker analysis of CodeBreaK 100
Abstract #102, Oral Presentation Session: Clinical Science Symposium, ctDNA: Dawn of a New Era, Saturday, June 4 from 8:00-9:30 a.m. CDT - First data for sotorasib in patients with pancreatic cancer with KRAS p.G12C mutation: a phase 1/2 study evaluating efficacy and safety
Abstract #360490, Plenary Series: Rapid Abstract Updates, Sunday, June 5 from 4:30-6:00 p.m. CDT - Trial-in-progress: A phase 2 study of sotorasib as first-line treatment in patients with stage IV non-small cell lung cancer (NSCLC) whose tumors harbor a KRAS p.G12C mutation (CodeBreaK 201)
Abstract #TPS9150, Poster Presentation Session: Lung Cancer—Non-Small Cell Metastatic, Monday, June 6 from 8:00-11:00 a.m. CDT
IMLYGIC® (talimogene laherparepvec)
- Primary analysis of a phase 2, open-label, multicenter trial of talimogene laherparepvec (T-VEC) plus pembrolizumab (pembro) for the treatment (Tx) of patients (pts) with advanced melanoma (MEL) who progressed on prior anti–PD-1 therapy: MASTERKEY-115
Abstract #9518, Poster Discussion Session: Melanoma/Skin Cancers, Monday, June 6 from 4:30-6:00 p.m. CDT
Investigational BiTE® Platform
- Trial-in-progress: Phase 2 study of tarlatamab, a DLL3-targeting half-life extended bispecific T-cell engager (HLE BiTE®) immuno-oncology therapy, in relapsed/refractory small cell lung cancer (SCLC)
Abstract #TPS8603, Poster Presentation Session: Lung Cancer-Non-small cell local-regional/small cell/other thoracic cancers, Monday, June 6 from 8:00-11:00 a.m. CDT
- Trial-in-progress: A phase 1 study of AMG 509 in patients (pts) with metastatic castration-resistant prostate cancer (mCRPC)
Abstract #TPS5101, Poster Session: Genitourinary Cancer—Prostate, Testicular, and Penile, Monday, June 6 from 1:15-4:15 p.m. CDT
AMG 193
- Trial-in-progress: Design and rationale of a phase 1 dose-escalation study of AMG 193, a methylthioadenosine (MTA)-cooperative PRMT5 inhibitor, in patients with advanced methylthioadenosine phosphorylase (MTAP)-null solid tumors
Abstract #TPS3167, Poster Presentation Session: Developmental Therapeutics—Molecularly Targeted Agents and Tumor Biology, Sunday, June 5 from 8:00-11:00 a.m. CDT
Bemarituzmab
- Trial-in-progress: Phase 3 study of bemarituzumab + mFOLOFOX6 versus placebo + mFOLFOX6 in previously untreated advanced gastric or gastroesophageal junction (GEJ) cancer with FGFR2b overexpression (FORTITUDE-101)
Abstract #TPS4164, Poster Presentation: Gastrointestinal Cancer—Gastroesophageal, Pancreatic, and Hepatobiliary, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Trial-in-progress: Phase 1b/3 study of bemarituzumab + mFOLFOX6 + nivolumab vs mFOLFOX6 + nivolumab in previously untreated advanced gastric and gastroesophageal junction (GEJ) cancer with FGFR2b overexpression (FORTITUDE-102)
Abstract #TPS4165, Poster Presentation: Gastrointestinal Cancer—Gastroesophageal, Pancreatic, and Hepatobiliary, Saturday, June 4 from 8:00-11:00 a.m. CDT
Partner-Led Abstracts
Vectibix® (panitumumab)
- Plasma RAS dynamics and anti-EGFR rechallenge efficacy in patients with RAS/BRAF wild-type metastatic colorectal cancer: REMARRY and PURSUIT trials
Abstract #3518, Poster Discussion Session: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Resistance mechanisms to anti-EGFR therapy in RAS/RAF wildtype colorectal cancer varies by regimen and line of therapy
Abstract #3554, Poster Presentation: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Panitumumab (PAN) plus mFOLFOX6 versus bevacizumab (BEV) plus mFOLFOX6 as first-line treatment in patients with RAS wild-type metastatic colorectal cancer (mCRC): results from the phase 3 PARADIGM trial
Abstract #LBA1, Plenary Session: Primary Track: Special Sessions, Sunday, June 5 from 1:00-4:00 p.m. CDT
Prolia® (denosumab)
- Long-term outcomes of adjuvant denosumab in breast cancer: Fracture reduction and survival results from 3,425 patients in the randomised, double-blind, placebo-controlled ABCSG-18 trial
Abstract #507, Oral Presentation: Breast Cancer—Local/Regional/Adjuvant, Tuesday, June 7 from 9:45 a.m.-12:45 p.m. CDT
Investigator Sponsored Studies (ISS)
IMLYGIC® (talimogene laherparepvec)
- Trial-in-progress: Neo-adjuvant T-VEC plus nivolumab combination therapy for resectable early- stage or metastatic (IIIB-IVM1a) melanoma with injectable disease: The NIVEC trial
Abstract #TPS9607, Poster Session: Melanoma/Skin Cancers, Monday, June 6 from 1:15-4:15 p.m. CDT
KYPROLIS® (carfilzomib)
- A phase II study of daratumumab with weekly carfilzomib, pomalidomide, and dexamethasone in relapsed and refractory multiple myeloma
Abstract #8012, Poster Discussion Session: Hematologic Malignancies – Plasma Cell Dyscrasia, Saturday, June 4 from 4:30-6:00 p.m. CDT
- ATLAS: A phase 3 randomized trial of carfilzomib, lenalidomide, and dexamethasone versus lenalidomide alone after stem-cell transplant for multiple myeloma
Abstract #8001, Oral Abstract Session: Hematologic Malignancies—Plasma Cell Dyscrasia, Sunday, June 5 from 8:00-11:00 a.m. CDT
- Daratumumab carfilzomib lenalidomide and dexamethasone as induction therapy in high-risk, transplant-eligible patients with newly diagnosed myeloma: Results of the phase 2 study IFM 2018-04
Abstract #8002, Oral Abstract Session: Hematologic Malignancies—Plasma Cell Dyscrasia, Sunday, June 5 from 8:00-11:00 a.m. CDT
LUMAKRAS®/LUMYKRAS® (sotorasib)
- Trial-in-progress: A phase Ib/II study of sotorasib combined with chemotherapy for second-line treatment of KRAS p. G12C mutated advanced pancreatic cancer
Abstract #TPS4194, Poster Session: Gastrointestinal Cancer—Gastroesophageal, Pancreatic, and Hepatobiliary, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Predictors of biomarker testing among patients (pts) with metastatic non-small cell lung cancer (mNSCLC)
Abstract #9130, Poster Session: Lung Cancer—Non-Small Cell Metastatic, Monday, June 6 from 8:00-11:00 a.m. CDT
Vectibix® (panitumumab)
- Phase 2 study of anti-EGFR rechallenge therapy with panitumumab with or without trametinib in advanced colorectal cancer
Abstract #3520, Poster Discussion Session: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Negative hyperselection for mutations associated with anti-EGFR antibody resistance in RAS wildtype metastatic colorectal cancer (mCRC): Evaluation of the PANAMA trial (AIO-KRK-0212, maintenance therapy with 5-FU, folinic acid (FU/FA) with or without panitumumab)
Abstract #3536, Poster Session: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Consensus molecular subtypes (CMS) as prognostic & predictive biomarkers of panitumumab (Pmab), fluorouracil & folinic acid (FU/FA) or FU/FA maintenance therapy following Pmab-FOLFOX induction in RAS wildtype metastatic colorectal cancer (mCRC) - PANAMA trial (AIO-KRK-0212)
Abstract #3537, Poster Session: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Impact of age and gender on the efficacy & safety of panitumumab plus fluorouracil & folinic acid versus fluorouracil and folinic acid alone as maintenance therapy in RAS WT metastatic colorectal cancer (mCRC). Subgroup analysis of the PANAMA-study (AIO-KRK-0212)
Abstract #3567, Poster Session: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Predictive and prognostic value of carcinoembryonic antigen (CEA) on maintenance therapy with 5-fluoruracil/leucovorin plus panitumumab or 5-fluoruracil/leucovorin alone in RAS wildtype metastatic colorectal cancer: Evaluation of the phase II PanaMa trial (AIO KRK 0212)
Abstract # 3587, Poster Session: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 8:00-11:00 a.m. CDT
- Modified FOLFOXIRI plus panitumumab (mFOLFOXIRI/PAN) versus mFOLFOX6/PAN as initial treatment of unresectable RAS and BRAF wild-type metastatic colorectal cancer (mCRC) patients: results of the phase III randomized TRIPLETE study by GONO
Abstract #LBA3505, Oral Presentation: Gastrointestinal Cancer—Colorectal and Anal, Saturday, June 4 from 9:45 a.m.–12:45 p.m. CDT
- Randomized intermittent or continuous panitumumab plus FOLFIRI (FOLFIRI/PANI) for first-line treatment of patients (pts) with RAS/BRAF wild-type metastatic colorectal cancer (mCRC): the IMPROVE study
Abstract #3503, Oral Abstract Session: Gastrointestinal Cancer—Colorectal and Anal, Monday, June 6 from 9:45 a.m.-12:45 p.m. CDT
XGEVA® (denosumab)
- Trial-in-progress: A phase 3 study to determine the breast cancer risk reducing effect of denosumab in women carrying a germline BRCA1 mutation (BRCA-P Study)
Abstract #TPS10616, Poster Session: Prevention, Risk Reduction, and Hereditary Cancer, Monday, June 6 from 1:15-4:15 p.m. CDT
*Amgen out licenses Vectibix to Takeda in Japan.
About LUMAKRAS®/LUMYKRAS® (sotorasib)
Amgen took on one of the toughest challenges of the last 40 years in cancer research by developing LUMAKRAS/LUMYKRAS, a KRASG12C inhibitor.1 LUMAKRAS/LUMYKRAS has demonstrated a positive benefit-risk profile with rapid, deep, and durable anticancer activity in patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) harboring the KRAS G12C mutation with a once daily oral formulation.2
Amgen is progressing the largest and broadest global KRASG12C inhibitor development program with unparalleled speed and exploring more than 10 sotorasib combination regimens, including triplets, with clinical trial sites spanning five continents. To date, over 4,000 patients around the world have received LUMAKRAS/LUMYKRAS through the clinical development program and commercial use.
In May 2021, LUMAKRAS was the first KRASG12C inhibitor to receive regulatory approval with its approval in the U.S., under accelerated approval. LUMAKRAS/LUMYKRAS is also approved in the European Union, Japan, United Arab Emirates, South Korea and Switzerland and in Australia, Brazil, Canada, and Great Britain under the FDA's Project Orbis. Through Project Orbis, Amgen also has Marketing Authorization Applications (MAAs) for sotorasib in review in Israel and Singapore. Additionally, Amgen has submitted MAAs in Argentina, Colombia, Hong Kong, Kuwait, Malaysia, Mexico, Qatar, Saudi Arabia, Taiwan, Thailand and Turkey.
LUMAKRAS/LUMYKRAS is also being studied in multiple other solid tumors.3
About Non-Small Cell Lung Cancer and the KRAS G12C Mutation
Lung cancer is the leading cause of cancer-related deaths worldwide, and it accounts for more deaths worldwide than colon cancer, breast cancer and prostate cancer combined.4 Overall survival rates for NSCLC are improving but remain poor for patients with advanced disease and 5-year survival is only 8% for those with metastatic disease.5
KRAS G12C is the most common KRAS mutation in NSCLC.6 About 13% of patients with NSCLC harbor the KRAS G12C mutation.7 Unmet medical need remains high and treatment options are limited for NSCLC patients with the KRAS G12C mutation whose first-line treatment has failed to work or has stopped working. The outcomes with other approved therapies are suboptimal, with a median progression-free survival of approximately four months following second-line treatment of KRAS G12C-mutated NSCLC.8
About CodeBreaK
The CodeBreaK clinical development program for Amgen's drug sotorasib is designed to study patients with an advanced solid tumor with the KRAS G12C mutation and address the longstanding unmet medical need for these cancers.
CodeBreaK 100, the Phase 1 and 2, first-in-human, open-label multicenter study, enrolled patients with KRAS G12C-mutant solid tumors.9 Eligible patients must have received a prior line of systemic anticancer therapy, consistent with their tumor type and stage of disease. The primary endpoint for the Phase 2 study was centrally assessed objective response rate. The Phase 2 trial in NSCLC enrolled 126 patients, 124 of whom had centrally evaluable lesions by RECIST at baseline.2 The Phase 2 trial in colorectal cancer (CRC) is fully enrolled and results have been published.10
CodeBreaK 200, the global Phase 3 randomized active-controlled study comparing sotorasib to docetaxel in KRAS G12C-mutated NSCLC completed enrollment of 345 patients. Eligible patients had previously treated, locally advanced and unresectable or metastatic KRAS G12C-mutated NSCLC. The primary endpoint is progression-free survival and key secondary endpoints include overall survival, objective response rate, and patient-reported outcomes.11
Amgen also has several Phase 1b studies investigating sotorasib monotherapy and sotorasib combination therapy across various advanced solid tumors (CodeBreaK 101) open for enrollment.12 A Phase 2 randomized study will evaluate sotorasib in patients with stage IV KRAS G12C-mutated NSCLC in need of first-line treatment (CodeBreaK 201).13
For information, please visit www.hcp.codebreaktrials.com.
LUMAKRAS® (sotorasib) U.S. Indication
LUMAKRAS is indicated for the treatment of adult patients with KRAS G12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC), as determined by an FDA-approved test, who have received at least one prior systemic therapy.
This indication is approved under accelerated approval based on overall response rate (ORR) and duration of response (DOR). Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial(s).
LUMAKRAS® (sotorasib) Important U.S. Safety Information
Hepatotoxicity
- LUMAKRAS can cause hepatotoxicity, which may lead to drug-induced liver injury and hepatitis.
- Among 357 patients who received LUMAKRAS in CodeBreaK 100, hepatotoxicity occurred in 1.7% (all grades) and 1.4% (Grade 3). A total of 18% of patients who received LUMAKRAS had increased alanine aminotransferase (ALT)/increased aspartate aminotransferase (AST); 6% were Grade 3 and 0.6% were Grade 4. In addition to dose interruption or reduction, 5% of patients received corticosteroids for the treatment of hepatotoxicity.
- Monitor liver function tests (ALT, AST and total bilirubin) prior to the start of LUMAKRAS every 3 weeks for the first 3 months of treatment, then once a month or as clinically indicated, with more frequent testing in patients who develop transaminase and/or bilirubin elevations.
- Withhold, dose reduce or permanently discontinue LUMAKRAS based on severity of adverse reaction.
Interstitial Lung Disease (ILD)/Pneumonitis
- LUMAKRAS can cause ILD/pneumonitis that can be fatal. Among 357 patients who received LUMAKRAS in CodeBreaK 100, ILD/pneumonitis occurred in 0.8% of patients, all cases were Grade 3 or 4 at onset, and 1 case was fatal. LUMAKRAS was discontinued due to ILD/pneumonitis in 0.6% of patients.
- Monitor patients for new or worsening pulmonary symptoms indicative of ILD/pneumonitis (e.g., dyspnea, cough, fever). Immediately withhold LUMAKRAS in patients with suspected ILD/pneumonitis and permanently discontinue LUMAKRAS if no other potential causes of ILD/pneumonitis are identified.
Most Common Adverse Reactions
- The most common adverse reactions ≥ 20% were diarrhea, musculoskeletal pain, nausea, fatigue, hepatotoxicity and cough.
Drug Interactions
- Advise patients to inform their healthcare provider of all concomitant medications, including prescription medicines, over-the-counter drugs, vitamins, dietary and herbal products.
- Inform patients to avoid proton pump inhibitors and H2 receptor antagonists while taking LUMAKRAS.
- If coadministration with an acid-reducing agent cannot be avoided, inform patients to take LUMAKRAS 4 hours before or 10 hours after a locally acting antacid.
Please see LUMAKRAS full Prescribing Information.
About Vectibix® (panitumumab)
Vectibix is the first fully human monoclonal anti-EGFR antibody approved by the FDA for the treatment of mCRC. Vectibix was approved in the U.S. in September 2006 as a monotherapy for the treatment of patients with EGFR-expressing mCRC after disease progression after prior treatment with fluoropyrimidine-, oxaliplatin-, and irinotecan-containing chemotherapy.
In May 2014, the FDA approved Vectibix for use in combination with FOLFOX, as first-line treatment in patients with wild-type KRAS (exon 2) mCRC. With this approval, Vectibix became the first-and-only biologic therapy indicated for use with FOLFOX, one of the most commonly used chemotherapy regimens, in the first-line treatment of mCRC for patients with wild-type KRAS mCRC.
In June 2017, the FDA approved a refined indication for Vectibix for use in in patients with wild-type RAS (defined as wild-type in both KRAS and NRAS as determined by an FDA-approved test for this use) mCRC.
INDICATION AND LIMITATION OF USE
Vectibix® is indicated for the treatment of patients with wild-type RAS (defined as wild-type in both KRAS and NRAS as determined by an FDA-approved test for this use) metastatic colorectal cancer (mCRC): as first-line therapy in combination with FOLFOX, and as monotherapy following disease progression after prior treatment with fluoropyrimidine-, oxaliplatin-, and irinotecan-containing chemotherapy.
Limitation of Use: Vectibix® is not indicated for the treatment of patients with RAS mutant mCRC or for whom RAS mutation status is unknown.
IMPORTANT SAFETY INFORMATION
BOXED WARNING: DERMATOLOGIC TOXICITY
Dermatologic Toxicity: Dermatologic toxicities occurred in 90% of patients and were severe (NCI-CTC grade 3 and higher) in 15% of patients receiving Vectibix monotherapy [see Dosage and Administration (2.3), Warnings and Precautions (5.1), and Adverse Reactions (6.1)].
- In Study 20020408, dermatologic toxicities occurred in 90% of patients and were severe (NCI-CTC grade 3 and higher) in 15% of patients with mCRC receiving Vectibix®. The clinical manifestations included, but were not limited to, acneiform dermatitis, pruritus, erythema, rash, skin exfoliation, paronychia, dry skin, and skin fissures.
- Monitor patients who develop dermatologic or soft tissue toxicities while receiving Vectibix® for the development of inflammatory or infectious sequelae. Life-threatening and fatal infectious complications including necrotizing fasciitis, abscesses, and sepsis have been observed in patients treated with Vectibix®. Life-threatening and fatal bullous mucocutaneous disease with blisters, erosions, and skin sloughing has also been observed in patients treated with Vectibix®. It could not be determined whether these mucocutaneous adverse reactions were directly related to EGFR inhibition or to idiosyncratic immune- related effects (e.g., Stevens Johnson syndrome or toxic epidermal necrolysis). Withhold or discontinue Vectibix® for dermatologic or soft tissue toxicity associated with severe or life-threatening inflammatory or infectious complications. Dose modifications for Vectibix® concerning dermatologic toxicity are provided in the product labeling.
- Vectibix® is not indicated for the treatment of patients with colorectal cancer that harbor somatic RAS mutations in exon 2 (codons 12 and 13), exon 3 (codons 59 and 61), and exon 4 (codons 117 and 146) of either KRAS or NRAS and hereafter is referred to as "RAS."
- Retrospective subset analyses across several randomized clinical trials were conducted to investigate the role of RAS mutations on the clinical effects of anti-EGFR-directed monoclonal antibodies (panitumumab or cetuximab). Anti-EGFR antibodies in patients with tumors containing RAS mutations resulted in exposing those patients to anti-EGFR related adverse reactions without clinical benefit from these agents. Additionally, in Study 20050203, 272 patients with RAS-mutant mCRC tumors received Vectibix® in combination with FOLFOX and 276 patients received FOLFOX alone. In an exploratory subgroup analysis, OS was shorter (HR = 1.21, 95% CI: 1.01-1.45) in patients with RAS-mutant mCRC who received Vectibix® and FOLFOX versus FOLFOX alone.
- Progressively decreasing serum magnesium levels leading to severe (grade 3-4) hypomagnesemia occurred in up to 7% (in Study 20080763) of patients across clinical trials. Monitor patients for hypomagnesemia and hypocalcemia prior to initiating Vectibix® treatment, periodically during Vectibix® treatment, and for up to 8 weeks after the completion of treatment. Other electrolyte disturbances, including hypokalemia, have also been observed. Replete magnesium and other electrolytes as appropriate.
- In Study 20020408, 4% of patients experienced infusion reactions and 1% of patients experienced severe infusion reactions (NCI-CTC grade 3-4). Infusion reactions, manifesting as fever, chills, dyspnea, bronchospasm, and hypotension, can occur following Vectibix® administration. Fatal infusion reactions occurred in postmarketing experience. Terminate the infusion for severe infusion reactions.
- Severe diarrhea and dehydration, leading to acute renal failure and other complications, have been observed in patients treated with Vectibix® in combination with chemotherapy.
- Fatal and nonfatal cases of interstitial lung disease (ILD) (1%) and pulmonary fibrosis have been observed in patients treated with Vectibix®. Pulmonary fibrosis occurred in less than 1% (2/1467) of patients enrolled in clinical studies of Vectibix®. In the event of acute onset or worsening of pulmonary symptoms interrupt Vectibix® therapy. Discontinue Vectibix® therapy if ILD is confirmed.
- In patients with a history of interstitial pneumonitis or pulmonary fibrosis, or evidence of interstitial pneumonitis or pulmonary fibrosis, the benefits of therapy with Vectibix® versus the risk of pulmonary complications must be carefully considered.
- Exposure to sunlight can exacerbate dermatologic toxicity. Advise patients to wear sunscreen and hats and limit sun exposure while receiving Vectibix®.
- Keratitis and ulcerative keratitis, known risk factors for corneal perforation, have been reported with Vectibix® use. Monitor for evidence of keratitis or ulcerative keratitis. Interrupt or discontinue Vectibix® for acute or worsening keratitis.
- In an interim analysis of an open-label, multicenter, randomized clinical trial in the first-line setting in patients with mCRC, the addition of Vectibix® to the combination of bevacizumab and chemotherapy resulted in decreased OS and increased incidence of NCI-CTC grade 3-5 (87% vs 72%) adverse reactions. NCI-CTC grade 3-4 adverse reactions occurring at a higher rate in Vectibix®-treated patients included rash/acneiform dermatitis (26% vs 1%), diarrhea (23% vs 12%), dehydration (16% vs 5%), primarily occurring in patients with diarrhea, hypokalemia (10% vs 4%), stomatitis/mucositis (4% vs < 1%), and hypomagnesemia (4% vs 0).
- NCI-CTC grade 3-5 pulmonary embolism occurred at a higher rate in Vectibix®-treated patients (7% vs 3%) and included fatal events in three (< 1%) Vectibix®-treated patients. As a result of the toxicities experienced, patients randomized to Vectibix®, bevacizumab, and chemotherapy received a lower mean relative dose intensity of each chemotherapeutic agent (oxaliplatin, irinotecan, bolus 5-FU, and/or infusional 5-FU) over the first 24 weeks on study compared with those randomized to bevacizumab and chemotherapy.
- Vectibix® can cause fetal harm when administered to a pregnant woman. Advise pregnant women and females of reproductive potential of the potential risk to a fetus. Advise females of reproductive potential to use effective contraception during treatment, and for at least 2 months after the last dose of Vectibix®.
- In monotherapy, the most commonly reported adverse reactions (≥ 20%) in patients with Vectibix® were skin rash with variable presentations, paronychia, fatigue, nausea, and diarrhea.
- The most commonly reported adverse reactions (≥ 20%) with Vectibix® + FOLFOX were diarrhea, stomatitis, mucosal inflammation, asthenia, paronychia, anorexia, hypomagnesemia, hypokalemia, rash, acneiform dermatitis, pruritus, and dry skin. The most common serious adverse reactions (≥ 2% difference between treatment arms) were diarrhea and dehydration.
To see the Vectibix® Prescribing Information, including Boxed Warning visit www.vectibix.com.
About Amgen Oncology
At Amgen Oncology, our mission to serve patients drives all that we do. That's why we're relentlessly focused on accelerating the delivery of medicines that have the potential to empower all angles of care and transform lives of people with cancer.
For the last four decades, we have been dedicated to discovering the firsts that matter in oncology and to finding ways to reduce the burden of cancer. Building on our heritage, Amgen continues to advance the largest pipeline in the Company's history, moving with great speed to advance those innovations for the patients who need them.
At Amgen, we're advancing oncology at the speed of life™.
For more information, follow us on www.twitter.com/amgenoncology.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
Forward-Looking Statements
This news release contains forward-looking statements that are based on the current expectations and beliefs of Amgen. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including any statements on the outcome, benefits and synergies of collaborations, or potential collaborations, with any other company (including BeiGene, Ltd., Kyowa-Kirin Co., Ltd., or any collaboration to manufacture therapeutic antibodies against COVID-19), the performance of Otezla® (apremilast) (including anticipated Otezla sales growth and the timing of non-GAAP EPS accretion), the Five Prime Therapeutics, Inc. acquisition, or the Teneobio, Inc. acquisition, as well as estimates of revenues, operating margins, capital expenditures, cash, other financial metrics, expected legal, arbitration, political, regulatory or clinical results or practices, customer and prescriber patterns or practices, reimbursement activities and outcomes, effects of pandemics or other widespread health problems such as the ongoing COVID-19 pandemic on our business, and other such estimates and results. Forward-looking statements involve significant risks and uncertainties, including those discussed below and more fully described in the Securities and Exchange Commission reports filed by Amgen, including our most recent annual report on Form 10-K and any subsequent periodic reports on Form 10-Q and current reports on Form 8-K. Unless otherwise noted, Amgen is providing this information as of the date of this news release and does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.
No forward-looking statement can be guaranteed and actual results may differ materially from those we project. Discovery or identification of new product candidates or development of new indications for existing products cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate or development of a new indication for an existing product will be successful and become a commercial product. Further, preclinical results do not guarantee safe and effective performance of product candidates in humans. The complexity of the human body cannot be perfectly, or sometimes, even adequately modeled by computer or cell culture systems or animal models. The length of time that it takes for us to complete clinical trials and obtain regulatory approval for product marketing has in the past varied and we expect similar variability in the future. Even when clinical trials are successful, regulatory authorities may question the sufficiency for approval of the trial endpoints we have selected. We develop product candidates internally and through licensing collaborations, partnerships and joint ventures. Product candidates that are derived from relationships may be subject to disputes between the parties or may prove to be not as effective or as safe as we may have believed at the time of entering into such relationship. Also, we or others could identify safety, side effects or manufacturing problems with our products, including our devices, after they are on the market.
Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales growth of recently launched products, competition from other products including biosimilars, difficulties or delays in manufacturing our products and global economic conditions. In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third-party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and healthcare cost containment. Furthermore, our research, testing, pricing, marketing and other operations are subject to extensive regulation by domestic and foreign government regulatory authorities. Our business may be impacted by government investigations, litigation and product liability claims. In addition, our business may be impacted by the adoption of new tax legislation or exposure to additional tax liabilities. If we fail to meet the compliance obligations in the corporate integrity agreement between us and the U.S. government, we could become subject to significant sanctions. Further, while we routinely obtain patents for our products and technology, the protection offered by our patents and patent applications may be challenged, invalidated or circumvented by our competitors, or we may fail to prevail in present and future intellectual property litigation. We perform a substantial amount of our commercial manufacturing activities at a few key facilities, including in Puerto Rico, and also depend on third parties for a portion of our manufacturing activities, and limits on supply may constrain sales of certain of our current products and product candidate development. An outbreak of disease or similar public health threat, such as COVID-19, and the public and governmental effort to mitigate against the spread of such disease, could have a significant adverse effect on the supply of materials for our manufacturing activities, the distribution of our products, the commercialization of our product candidates, and our clinical trial operations, and any such events may have a material adverse effect on our product development, product sales, business and results of operations. We rely on collaborations with third parties for the development of some of our product candidates and for the commercialization and sales of some of our commercial products. In addition, we compete with other companies with respect to many of our marketed products as well as for the discovery and development of new products. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Certain of our distributors, customers and payers have substantial purchasing leverage in their dealings with us. The discovery of significant problems with a product similar to one of our products that implicate an entire class of products could have a material adverse effect on sales of the affected products and on our business and results of operations. Our efforts to collaborate with or acquire other companies, products or technology, and to integrate the operations of companies or to support the products or technology we have acquired, may not be successful. A breakdown, cyberattack or information security breach could compromise the confidentiality, integrity and availability of our systems and our data. Our stock price is volatile and may be affected by a number of events. Our business and operations may be negatively affected by the failure, or perceived failure, of achieving our environmental, social and governance objectives. The effects of global climate change and related natural disasters could negatively affect our business and operations. Global economic conditions may magnify certain risks that affect our business. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock. We may not be able to access the capital and credit markets on terms that are favorable to us, or at all.
The scientific information discussed in this news release related to our product candidates is preliminary and investigative. Such product candidates are not approved by the U.S. Food and Drug Administration, and no conclusions can or should be drawn regarding the safety or effectiveness of the product candidates. Further, any scientific information discussed in this news release relating to new indications for our products is preliminary and investigative and is not part of the labeling approved by the U.S. Food and Drug Administration for the products. The products are not approved for the investigational use(s) discussed in this news release, and no conclusions can or should be drawn regarding the safety or effectiveness of the products for these uses.
CONTACT: Amgen, Thousand Oaks
Megan Fox, 805-447-1423 (media)
Jessica Akopyan, 805-440-5721 (media)
Arvind Sood, 805-447-1060 (investors)
LUMAKRAS, LUMYKRAS, Otezla, and Advancing Oncology at The Speed of Life are trademarks of Amgen Inc.
1 Canon J, et al. Nature. 2019;575: 217–223.
2 Skoulidis F, et al. N Engl J Med. 2021;384:2371-2381.
3 Hong DS, et al. N Engl J Med. 2020;383:1207-1217.
4 Sung H, et al. CA Cancer J Clin. 2021; 71:209-249.
5 American Cancer Society. Lung Cancer Survival Rates. 2021. Available at: https://www.cancer.org/cancer/lung-cancer/detection-diagnosis-staging/survival-rates.html. Accessed on April 14, 2022.
6 Arbour KC, et al. Clin Cancer Res. 2018; 24:334-340.
7 Nassar AF, et al. N Engl J. Med. 2021;384:185-187.
8 Spira Al, et al. Lung Cancer. 2021;159 :1-9.
9 ClinicalTrials.gov. CodeBreaK 100. Available at: https://clinicaltrials.gov/ct2/show/NCT03600883. Accessed on April 14, 2022.
10 Fakih MG, et al. Lancet Oncol. 2022;23:115-124.
11 ClinicalTrials.gov. CodebreaK 200. Available at: https://clinicaltrials.gov/ct2/show/NCT04303780. Accessed on April 14, 2022.
12 ClinicalTrials.gov. CodeBreaK 101. Available at: https://clinicaltrials.gov/ct2/show/NCT04185883 . Accessed on April 14, 2022.
13 ClinicalTrials.gov. CodeBreaK 201. Available at: https://clinicaltrials.gov/ct2/show/NCT04933695. Accessed on April 14, 2022.
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SOURCE Amgen | https://www.wibw.com/prnewswire/2022/05/26/new-data-showcases-how-amgen-is-advancing-all-angles-cancer-care-through-innovative-oncology-portfolio-pipeline-asco-2022/ | 2022-05-27T00:07:12Z |
Services for Jewell Slider, 70, of Temple are pending with Don D. Summers Funeral Chapel in Temple.
Mrs. Slider died Thursday, May 19, at a local nursing home.
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Partly cloudy in the morning followed by scattered thunderstorms in the afternoon. Potential for severe thunderstorms. High 92F. Winds SSE at 10 to 20 mph. Chance of rain 50%..
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Updated: May 21, 2022 @ 2:23 am
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To submit a paid obituary, please email advertiz@tdtnews.com with verbiage, along with an optional photograph. | https://www.tdtnews.com/obituaries/article_96dd3264-d89c-11ec-86d6-63c3801c4c08.html | 2022-05-21T07:53:51Z |
SANTA CLARA, Calif., June 9, 2022 /PRNewswire/ -- Anatomage Inc, a market leader in 3D medical virtualization technology, is thrilled to host the inaugural National Anatomage Tournament on Thursday, June 9 at 3 PM PDT. The Anatomage Tournament's championship round will be live-streamed on YouTube here.
The 2022 Anatomage Tournament invited high school students from across the United States to compete in a team-based competition that focuses on knowledge of anatomical structures.
Utilizing Anatomage's virtual dissection table, students compete against each other to test their anatomical and medical knowledge. Designed to support students' anatomy learning while fostering collaboration and teamwork, Anatomage Tournaments provide students a fun opportunity to enhance skill sets such as communication, goal-setting, preparation, and managing success and failure.
Over 200 teams totaling over 1,000 students have competed in this year's Anatomage Tournament. Through 3 rounds of elimination, we arrived at the top 8 teams who will compete live in a virtual head-to-head competition to be crowned the National Anatomy Champion.
The 2022 Anatomage Tournament will be live-streamed for viewers to watch at home and you can watch the live stream on the Anatomage Youtube channel.
Champions of the 2022 Anatomage Tournament will be awarded prizes and recognition. Top finalists will also receive special accolades for their hard work and perseverance. You can also learn more about the 2022 Anatomage Tournament here.
Follow Anatomage on Facebook and Twitter to receive their latest news and announcements.
As a market leader in medical virtualization technology, Anatomage enables an ecosystem of 3D anatomy hardware and software, allowing users to visualize anatomy at the highest level of accuracy. Established in both the education and healthcare industries, Anatomage is transforming standard anatomy learning, medical diagnosis, and treatment planning through its highly innovative products.
Jack Choi
CEO
Anatomage Inc.
Phone: 1-408-885-1474
Email: info@anatomage.com
www.anatomage.com
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SOURCE Anatomage | https://www.wibw.com/prnewswire/2022/06/09/watch-2022-anatomage-tournament-championship-today-live-youtube/ | 2022-06-09T10:39:13Z |
BEIJING (AP) — Chinese President Xi Jinping reasserted his country’s support for Russia on issues of sovereignty and security in a phone call with Russian leader Vladimir Putin on Wednesday, state media said.
Xi told Putin that “all parties should responsibly push for a proper settlement of the Ukraine crisis,” according to the official Xinhua News Agency.
China has refused to criticize Russia’s invasion of Ukraine or even to refer to it in such terms, while accusing NATO and the West of provoking Moscow into attacking.
Weeks before the Russian attack, Putin and Xi met in Beijing in February and oversaw the signing of an agreement pledging that relations between the sides would have “no limits.” It remains unclear whether Xi knew at the time of Russia’s plan to invade Ukraine.
In that meeting, the two leaders pushed back against U.S. pressure, declaring their opposition to any expansion of NATO and affirming that the island of Taiwan is a part of China, as they met hours before the Winter Olympics kicked off in Beijing.
Xi told Putin on Wednesday that China “is willing to work with the Russian side to promote the steady and long-term development of bilateral pragmatic cooperation,” Xinhua reported, “China is willing to, together with Russia, continue to support each other on issues concerning core interests and major concerns such as sovereignty and security.”
While offering its tacit support for Russia’s invasion of Ukraine, China has sought to appear neutral and avoid possible repercussions from supporting the Russian economy amid international sanctions.
Moscow and Beijing have increasingly aligned their foreign policies to oppose liberal democratic forces in Asia, Europe and beyond, making a stand for authoritarian rule with tight borders and little regard for free speech, minority rights or opposition politics. | https://cw33.com/news/international/ap-international/chinas-xi-reasserts-support-for-russia-on-security-issues/ | 2022-06-15T15:55:57Z |
Parents should watch out for baby formula scams, BBB warns
(CNN) - As parents across the country scramble to find baby formula, the Better Business Bureau warns that scammers are looking to take advantage.
They issued a warning about potential scams targeting desperate caregivers amid a worsening shortage.
“There’s a lot of new moms out there that are very nervous and very upset because they can’t find it in the store. So, the next natural thing to do is to go online and look for it,” said Sandra Guile, a spokesperson for the BBB.
The BBB has some red flags consumers should be aware of as they look for those out-of-stock products online.
The first red flag is the seller only has positive reviews.
If you don’t see any negative or critical reviews on the website you’re looking to buy from, it could mean it was created by scammers.
The second is misspellings and grammatical errors. And the third is a lack of communication, like if the seller advertises on social media and stops responding after the payment clears.
“Not everybody is completely honest when they’re online or their advertising that they have that product online,” Guile said.
The BBB also gave three tips consumers should keep in mind before they buy.
The first is to do your research. A quick online search with the company name and the word “scam” should pull up any complaints.
The second is to be cautious before clicking online ads, email links and posts on social media groups.
“Maybe ask other moms or other friends saying, ‘Hey, you know, I’m part of this group. Have you ordered formula from them? Have you gotten your order? Did you by any chance have any issues or concerns?’” Guile said.
The third tip is to use a credit card. The BBB says you’ll have more protection against fraud compared to other payment methods.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/17/parents-should-watch-out-baby-formula-scams-bbb-warns/ | 2022-05-17T15:41:25Z |
America's largest and highest-grade silver producer adding
Canada's largest and highest-grade silver reserve
COEUR D'ALENE, Idaho, July 5, 2022 /PRNewswire/ - Hecla Mining Company (NYSE: HL) (Hecla) and Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) (Alexco) are pleased to announce a definitive agreement for Hecla to acquire all of the outstanding common shares of Alexco that Hecla does not already own. Each outstanding common share of Alexco will be exchanged for 0.116 of a share of Hecla common stock implying consideration of US$0.47 per Alexco common share and a premium of 23% based on the companies' 5-day volume weighted average price on the NYSE and NYSE American on July 1, 2022. In addition, Hecla will (i) provide interim financing to provide working capital and ensure the development and exploration at Keno Hill continues to be advanced and (ii) subscribe for additional common shares bringing its ownership stake to 9.9%.
Hecla has also entered into an agreement with Wheaton Precious Metals Corporation (WPM) to terminate its silver streaming interest at Alexco's Keno Hill property in exchange for US$135 million of Hecla common stock conditional upon the completion of Hecla's acquisition of Alexco.
- A large, high-grade silver property in the Yukon, a top 10 rated jurisdiction by the Fraser Institute
- A fully permitted property with infrastructure that includes a 400 tonne per day mill, on-site camp facility, all-season highway access, and connection to the hydropower grid
- Increases Hecla's silver exposure by increasing proven and probable silver reserves 19% to 237 million ounces, measured and indicated resources 24% to 257 million ounces and inferred resources 7% to 523.7 million ounces
- Potential to be Canada's largest silver producer
- Delivers an immediate up-front premium to Alexco shareholders
- Allows advancement of Keno Hill's development with an immediate and non-dilutive interim financing
- Partners with the United States' largest silver producer
- Transitions from a single asset and its development risk to a diversified production base of long-lived mines and a portfolio of high-quality exploration projects
- A strong balance sheet to invest in Keno Hill and continue its history of resource expansion
- Enhanced capital markets profile with increased analyst coverage and trading liquidity
"At Hecla, we have followed the Keno Hill project closely for a number of years, as it is one of the very few deposits that fit seamlessly into Hecla's strategy of owning and operating high-grade properties in tier one jurisdictions," said Phillips S. Baker Jr., President and CEO. "As the United States' largest silver producer, producing over 40% of silver mined in the U.S., it is natural that Hecla acquires Keno Hill which could also make Hecla Canada's largest silver producer. Silver is a critical element to decarbonize the economy and the need for domestic supply is growing. Acquiring Keno Hill allows Hecla to further meet this need with a secure high-grade silver development and exploration project that has a small environmental footprint."
"This transaction delivers significant benefits to our stakeholders," said Clynton Nauman, Chairman and CEO of Alexco. "By partnering with Hecla, an industry leader in high-grade narrow vein silver mining, we further position Keno Hill to achieve its full potential. There is no doubt that we have fallen well behind the development and production plan at Keno Hill – and our original estimate of achieving commercial production in early 2022. There are myriad reasons for those challenges, but fundamentally, they all led to an increasing level of stress across our business, which was having a negative impact on the share price, our finances, our employees, and other stakeholders. As a much larger business, Hecla has the organizational expertise and financial strength to build Keno Hill to the level and capacity required, while being able to continue to invest in exploration across the district, something that we, as Alexco, independently would likely struggle to achieve. Frankly, the opportunity now afforded to our employees, to the First Nation of Na-Cho Nyäk Dun and the wider Yukon community as a whole is superior to anything Alexco could offer in the short term. I look forward to working with Phil and his team at Hecla to close this transaction in September 2022."
The agreement provides Alexco shareholders with 0.116 of a Hecla share for each Alexco common share they hold as of the effective date of the agreement. Hecla will issue approximately 18 million common shares to Alexco shareholders. Upon completion of the transactions with both WPM and Alexco, and assuming the July 1, 2022 5-day volume weighted average price of Hecla's shares of US$4.13, WPM and Alexco shareholders will own approximately 5.6% and 3.0%, respectively, of the outstanding common shares of Hecla. The exact number of Hecla common shares to be issued to WPM will be calculated immediately before the closing date.
Hecla is providing Alexco with a US$30 million secured loan facility and is purchasing 8,984,100 Alexco Shares at C$0.50 per share, having an aggregate value of C$4,492,050, which will result in 9.9% of Alexco Shares being held by Hecla or its affiliates. A portion of the loan will be immediately drawn and the remainder available on a revolving basis, and the use of proceeds will be for agreed upon working capital and capital expenditures purposes according to a plan jointly approved by Alexco and Hecla. The loan and share purchase are intended to provide Alexco with immediate working capital to continue development work at Keno Hill and are not conditional upon the completion of the transaction.
The Board of Directors of Alexco and Hecla have both unanimously approved the transaction. The Board of Directors of Alexco unanimously recommends that Alexco shareholders vote in favor of the transaction. Alexco's directors and officers support the transaction and have entered into customary voting support agreements with Hecla agreeing to vote their Alexco shares in favor of the transaction. WPM has also entered into a voting support agreement with Hecla to vote its Alexco shares in favor of the transaction, resulting in approximately 4.9% of Alexco's outstanding common shares being subject to voting support agreements to support the transaction.
Cormark Securities Inc. provided an opinion to the Alexco Board of Directors that the transaction is fair from a financial point of view to Alexco shareholders as of the date of the arrangement agreement, and subject to the assumptions, limitations and qualifications in the opinion.
The transaction will be implemented by a Court-approved plan of arrangement under the Business Corporations Act (British Columbia) and requires the approval of: (i) 66 2/3% of the votes cast by the holders of Alexco's common shares, (ii) 66 2/3% of the votes cast by the affected securityholders of Alexco voting as a single class, and (iii) if applicable, a majority of the votes cast by the holders of Alexco's common shares after excluding any votes of Hecla and other persons required to be excluded under Canadian Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions, all at a special meeting.
The Alexco-Hecla and WPM-Hecla transactions are each subject to applicable regulatory approvals and customary closing conditions. The agreement provides for customary deal-protection provisions, including a non-solicitation covenant on the part of Alexco, a right for Hecla to match any superior proposal and a termination fee of US$10 million, payable by Alexco to Hecla, under certain circumstances.
It is anticipated that the special meeting will be held in September 2022 with the acquisition expected to close later that month.
BMO Capital Markets is acting as financial advisor to Hecla in connection with the Transaction. Osler, Hoskin & Harcourt LLP is serving as Canadian counsel to Hecla and K&L Gates is acting as U.S. counsel to Hecla.
Cormark Securities Inc. is acting as financial advisor to Alexco. Blake, Cassels & Graydon LLP is serving as counsel to Alexco.
Hecla will host a conference call on July 5, 2022 at 8:30 a.m. Eastern Time to discuss the acquisition. You may join the conference call by dialing toll-free 888-330-2391. The participant code is 4812168. Hecla's live and archived webcast can be accessed at www.hecla-mining.com under Investors.
Founded in 1891, Hecla Mining Company (NYSE:HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho and Quebec, Canada, the Company owns a number of exploration properties and pre-development projects in world-class silver and gold mining districts throughout North America.
Alexco is the owner and operator of the historic Keno Hill Silver District in Canada's Yukon Territory, one of the highest-grade silver deposits in the world.
This material relates to Hecla's proposed acquisition (the "Transaction") of Alexco. Shares of Hecla's common stock (the "Hecla Shares") issued in connection with the proposed Transaction may be registered pursuant to a registration statement to be filed with the SEC or issued pursuant to an available exemption. This information is not a substitute for any registration statement or any other document that Hecla may file with the SEC or that it or Alexco may send to their respective shareholders in connection with the offer and/or issuance of Hecla Shares. Investors are urged to read any registration statement, if and when filed, and all other relevant documents that may be filed with the SEC or with Canadian regulatory authorities as and if they become available because they will contain important information about the issuance of Hecla Shares. Documents, if and when filed with the SEC, will be available free of charge at the SEC's website (www.sec.gov) and under Hecla's profile on the SEDAR website at www.sedar.com. You may also obtain these documents by contacting Hecla's Investor Relations department at Hecla Mining Company; Investor Relations; 1-800-HECLA91 (1-800-432-5291); hmc-info@hecla-mining.com. This release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
In connection with the proposed transaction, Alexco will file proxy soliciting materials with the SEC and/or Canadian regulatory authorities. The information contained in any such filing may not be complete and may be updated, amended or changed. SHAREHOLDERS ARE URGED TO READ SUCH MATERIALS WHEN AVAILABLE AND ANY OTHER RELEVANT MATERIALS FILED WITH THE SEC AND/OR CANADIAN REGULATORY AUTHORITIES CAREFULLY IN THEIR ENTIRETY BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTION BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES THERETO.
Proxy solicitation materials will be mailed to Alexco's shareholders seeking their approval of the Transaction. Anyone may also obtain a copy of such materials free of charge once available by directing a request to: Alexco Resource Corp., Suite 1225, Two Bentall Centre, 555 Burrard Street, Box 216, Vancouver, British Columbia, V7X 1M9, Attention: Investor Relations or, Hecla Mining Company, 6500 N. Mineral Drive, Suite 200, Coeur d'Alene, ID 83815-9408; Investor Relations; 1-800-HECLA91 (1-800-432-5291). In addition, any relevant materials filed with the SEC will be available free of charge at the SEC's website at www.sec.gov and under Alexco's profile on the SEDAR website at www.sedar.com. Interested persons may also access copies of such documentation filed with the SEC by visiting Alexco's website at www.alexcoresource.com.
Hecla, Alexco, their respective directors and certain of their respective executive officers may be considered participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Hecla is set forth in its Annual Report on Form 10-K for the year ended December 31, 2021, which was filed with the SEC on February 23, 2022, its proxy statement for its 2022 annual meeting of shareholders, which was filed with the SEC on April 12, 2022, and its Current Report on Form 8-K, which was filed with the SEC on May 27, 2022. These documents may be obtained free of charge from the SEC's website at www.sec.gov and Hecla's website at www.hecla-mining.com. Information about the directors and executive officers of Alexco is set forth in its Management Information Circular filed on SEDAR on May 5, 2022. This document may be obtained free of charge from SEDAR at www.sedar.com and Alexco's website at www.alexcoresource.com. Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Alexco information circular and other relevant materials to be filed on SEDAR and with the SEC when they become available. These documents may be obtained free of charge from SEDAR at www.sedar.com and the SEC's website at www.sec.gov and Alexco's website at www.alexcoresource.com.
Forward-Looking Statements relating to Hecla
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws, including Canadian securities laws. When a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. Forward-looking statements often address our expected future business and financial performance and financial condition and often contain words such as "anticipate," "intend," "plan," "will," "could," "would," "estimate," "should," "expect," "believe," "project," "target," "indicative," "preliminary," "potential" and similar expressions. Forward-looking statements in this news release may include, without limitation statements or information regarding the completion of Hecla's acquisition of Alexco and that it will close in the third quarter, the termination of WPM's stream on the Keno Hill project, the listed "benefits to Hecla shareholders," the listed "benefits to Alexco shareholders," and that Hecla has the organizational expertise and financial strength to build Keno Hill to the level and capacity required, while being able to continue to invest in exploration across the district. The material factors or assumptions used to develop such forward-looking statements or forward-looking information include that the Company's plans for development and production will proceed as expected and will not require revision as a result of risks or uncertainties, whether known, unknown or unanticipated, to which the Company's operations are subject.
Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect, which could cause actual results to differ from forward-looking statements. Such assumptions, include, but are not limited to: (i) there being no significant change to current geotechnical, metallurgical, hydrological and other physical conditions; (ii) permitting, development, operations and expansion of the Company's projects being consistent with current expectations and mine plans; (iii) political/regulatory developments in any jurisdiction in which the Company operates being consistent with its current expectations; (iv) the exchange rate for the USD/CAD and USD/MXN, being approximately consistent with current levels; (v) certain price assumptions for gold, silver, lead and zinc; (vi) prices for key supplies being approximately consistent with current levels; (vii) the accuracy of our current mineral reserve and mineral resource estimates; (viii) the Company's plans for development and production will proceed as expected and will not require revision as a result of risks or uncertainties, whether known, unknown or unanticipated; (ix) counterparties performing their obligations under hedging instruments and put option contracts; * sufficient workforce is available and trained to perform assigned tasks; (xi) weather patterns and rain/snowfall within normal seasonal ranges so as not to impact operations; (xii) relations with interested parties, including Native Americans, remain productive; (xiii) economic terms can be reached with third-party mill operators who have capacity to process our ore; (xiv) maintaining availability of water rights; (xv) factors do not arise that reduce available cash balances; and (xvi) there being no material increases in our current requirements to post or maintain reclamation and performance bonds or collateral related thereto.
In addition, material risks that could cause actual results to differ from forward-looking statements include, but are not limited to: (i) gold, silver and other metals price volatility; (ii) operating risks; (iii) currency fluctuations; (iv) increased production costs and variances in ore grade or recovery rates from those assumed in mining plans; (v) community relations; (vi) conflict resolution and outcome of projects or oppositions; (vii) litigation, political, regulatory, labor and environmental risks; (viii) exploration risks and results, including those mineral resources are not mineral reserves, they do not have demonstrated economic viability and there is no certainty that they can be upgraded to mineral reserves through continued exploration; (ix) the failure of counterparties to perform their obligations under hedging instruments; * we take a material impairment charge on our Nevada operations; (xi) we are unable to remain in compliance with all terms of the credit agreement in order to maintain continued access to the revolver, and (xii) we are unable to refinance the maturing senior notes. For a more detailed discussion of such risks and other factors, see the Company's 2021 Form 10-K, filed on February 23, 2022, with the Securities and Exchange Commission (SEC), as well as the Company's other SEC filings. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," including, without limitation, outlook, to reflect events or circumstances after the date of this news release or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued "forward-looking statement" constitutes a reaffirmation of that statement. Continued reliance on "forward-looking statements" is at investors' own risk.
Forward-Looking Statements Relating to Alexco
Some statements ("forward-looking statements") in this news release contain forward-looking information concerning Alexco's anticipated results and developments in Alexco's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future, made as of the date of this news release. Forward-looking statements may include, but are not limited to, statements with respect to the completion of Hecla's acquisition of Alexco and that it will close in the third quarter, the termination of WPM's stream on the Keno Hill project, the listed "benefits to Hecla shareholders," the listed "benefits to Alexco shareholders," and that Hecla has the organizational expertise and financial strength to build Keno Hill to the level and capacity required, while being able to continue to invest in exploration across the district, future remediation and reclamation activities, future mineral exploration, the estimation of mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, future mine construction and development activities, future mine operation and production, the timing of activities and reports, the timing and results of development activity, the timing and amount of estimated revenues and expenses, the success of exploration activities, permitting time lines, requirements for additional capital and sources and uses of funds. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors, which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results and timing of exploration and development activities; actual results and timing of mining activities; actual results and timing of environmental services activities; actual results and timing of remediation and reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of silver, gold, lead, zinc and other commodities; possible variations in mineable resources, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; First Nation rights and title; continued capitalization and commercial viability; global economic conditions; competition; and delays in obtaining governmental approvals or financing or in the completion of development activities. Forward-looking statements are based on certain assumptions that management believes are reasonable at the time they are made. In making the forward-looking statements included in this news release, Alexco has applied several material assumptions, including, but not limited to, that proposed exploration and development will proceed as planned, and that market fundamentals will result in sustained silver, gold, lead and zinc demand and prices. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Alexco expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.
This news release uses the terms "mineral resources," "measured mineral resources," "indicated mineral resources" and "inferred mineral resources." Mineral resources that are not mineral reserves do not have demonstrated economic viability. You should not assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. Further, inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically, and an inferred mineral resource may not be considered when assessing the economic viability of a mining project, and may not be converted to a mineral reserve. On October 31, 2018, the SEC adopted new mining disclosure rules ("S-K 1300") that is more closely aligned with current industry and global regulatory practices and standards, including National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") which Hecla complies with because it also is a "reporting issuer" under Canadian securities laws. While S-K 1300 is more closely aligned with NI 43-101 than the prior SEC mining disclosure rules, there are some differences. NI 43-101 is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Unless otherwise indicated, all resource and reserve estimates contained in this press release have been prepared in accordance with NI 43-101, as well as S K 1300.
Kurt D. Allen, MSc., CPG, VP - Exploration of Hecla Mining Company and Keith Blair, MSc., CPG, Chief Geologist of Hecla Limited, who serve as a Qualified Person under S-K 1300 and "NI 43-101", supervised the preparation of the scientific and technical information concerning Hecla's mineral projects in this news release. Technical Report Summaries for each of the Company's material properties are filed as exhibits 96.1, 96.2 and 96.3 to the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and are available at www.sec.gov. Information regarding data verification, surveys and investigations, quality assurance program and quality control measures and a summary of analytical or testing procedures for the Greens Creek Mine are contained in a technical report titled "Technical Report for the Greens Creek Mine" effective date December 31, 2018, and for the Lucky Friday Mine are contained in a technical report titled "Technical Report for the Lucky Friday Mine Shoshone County, Idaho, USA" effective date April 2, 2014, for Casa Berardi are contained in a technical report titled "Technical Report on the mineral resource and mineral reserve estimate for Casa Berardi Mine, Northwestern Quebec, Canada" effective date December 31, 2018 (the "Casa Berardi Technical Report"), and for the San Sebastian Mine, Mexico, are contained in a technical report prepared for Hecla titled "Technical Report for the San Sebastian Ag-Au Property, Durango, Mexico" effective date September 8, 2015. Also included in these three technical reports is a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant factors. Information regarding data verification, surveys and investigations, quality assurance program and quality control measures and a summary of sample, analytical or testing procedures for the Fire Creek Mine are contained in a technical report prepared for Klondex Mines, dated March 31, 2018; the Hollister Mine dated May 31, 2017, amended August 9, 2017; and the Midas Mine dated August 31, 2014, amended April 2, 2015. Copies of these technical reports are available under Hecla's and Klondex's profiles on SEDAR at www.sedar.com. Mr. Allen and Mr. Blair reviewed and verified information regarding drill sampling, data verification of all digitally collected data, drill surveys and specific gravity determinations relating to all the mines. The review encompassed quality assurance programs and quality control measures including analytical or testing practice, chain-of-custody procedures, sample storage procedures and included independent sample collection and analysis. This review found the information and procedures meet industry standards and are adequate for Mineral Resource and Mineral Reserve estimation and mine planning purposes.
The disclosure of all scientific and technical information in this news release concerning Alexco's mineral properties has been reviewed and approved Sebastien D. Tolgyesi, P.Eng., P.Geo. (Keno Hill Operations Manager, Alexco), who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Information in this news release about Hecla has been provided by, and is the responsibility of, Hecla. For further information about Hecla, please refer to Hecla's SEC filings, including its Annual Report on Form 10-K filed on February 22, 2022 and its filings with Canadian securities regulatory authorities under its issuer profile on SEDAR. Information in this news release about Alexco has been provided by, and is the responsibility of, Alexco. For further information about Alexco, please refer to Alexco's filings, including its Annual Report on Form 40-F filed on March 21, 2022 and its filings with Canadian securities regulatory authorities under its issuer profile on SEDAR.
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SOURCE Alexco Resource Corp. | https://www.kxii.com/prnewswire/2022/07/05/hecla-acquires-alexco-resource/ | 2022-07-05T11:35:18Z |
HOUSTON, July 12, 2022 /PRNewswire/ -- Ascend Performance Materials' Trinohex® Ultra is now the first and only high-purity 1,3,6-hexanetricarbonitrile to be China REACH-registered, making the performance-boosting lithium-ion battery electrolyte additive available for use in the world's largest battery market.
"China is at the forefront of lithium-ion battery production and we look forward to helping produce safer, longer-lasting and better-performing batteries," said Dave McNeece, sustainable specialties senior business manager at Ascend.
In third-party testing, Trinohex Ultra has demonstrated superior cathode protection across cathode and electrolyte chemistries. This protection has shown a 30% reduction in harmful gas generation and longer-lasting performance, especially in extreme conditions.
"Battery safety, performance, cost and material availability are the biggest obstacles to mass adoption of e-mobility and renewable energies," said Mr. McNeece. "Trinohex Ultra is a drop-in solution to these challenges and can be easily integrated into existing battery chemistries and manufacturing processes."
Trinohex Ultra is manufactured on world-scale assets and readily available globally.
About Ascend Performance Materials
Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas, and with regional offices in Shanghai, Brussels and Detroit, we are a fully integrated material solutions provider with global manufacturing facilities in North America, Europe and China. Our global workforce makes the plastics, fabrics, fibers and chemicals used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities.
Learn more about Ascend at www.ascendmaterials.com.
Contact: Ally Jahn, +1 713-210-9809, ajahn@ascendmaterials.com
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SOURCE Ascend Performance Materials | https://www.mysuncoast.com/prnewswire/2022/07/13/ascend-becomes-first-only-registrant-trinohex-ultra-lib-electrolyte-additive-china/ | 2022-07-13T06:55:50Z |
Selection by Volkswagen's CARIAD as its direct LiDAR supplier for automated vehicles cements Innoviz's Tier 1 status
TEL AVIV, Israel, Aug. 10, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial traction, technology leadership, and corporate development and reported its financial results for the second quarter ended June 30, 2022.
Management Commentary
"We are pleased with the team's execution on our strategic priorities, as we meet or exceed each one of our 2022 milestones. The most important of these milestones, and the foundation of our vision for Innoviz, was to become a Tier-1 supplier in the automotive market. We are proud to have achieved this through our selection as Volkswagen's CARIAD SE ("Volkswagen CARIAD") direct LiDAR supplier for automated vehicles within the Volkswagen brands. This is a testament to our premier products and innovative technology, aligned with our vision to be a world-wide, leading Tier-1 supplier for LiDARs and Perception Software in a fast changing and new automotive world," said Omer Keilaf, CEO and Co-Founder of Innoviz.
"In addition to the milestone Volkswagen CARIAD decision, I'm confident that our Tier-1 capabilities, including our ability to manage mass production manufacturability, automotive-grade quality, hardware validation, and computer vision validation will serve as a differentiating factor as other OEMs select their direct LiDAR supplier. Beyond the automotive industry, we have made important progress to expand our footprint in new geographies and use cases, and have further invested in our technology and perception software."
Commercial Progress
1. Selection by Volkswagen's CARIAD as its direct LiDAR supplier for automated vehicles within the Volkswagen brands.
- Pursuant to the terms of the agreement, Innoviz will provide InnovizTwo LiDAR sensors and perception software to several Volkswagen brands and integrate its perception software with CARIAD automated driving stack, serving the different brands. The new design win increased Innoviz's forward-looking order book to $6.6 billion from $2.6 billion.
- This nomination marks Innoviz's second deal of LiDAR and Perception Software for series production of passenger vehicles by a leading German carmaker; the first being BMW.
- Innoviz is now servicing two of the world's leading German carmakers which together represent 15% of the entire automotive market.
- This nomination is Innoviz's first deal as a Tier-1 supplier for a passenger vehicles program and Innoviz's first deal for its second-generation LiDAR, InnovizTwo.
2. Momentum on multiple world-wide opportunities in the automotive space:
- Expanding our reach to other regions in the world, Innoviz is currently managing 12 automotive RFIs and RFQs at different stages where almost all of them are for passenger vehicle programs, in regions such as US, Asia and EU. Innoviz is offering its solution as a direct Tier-1 supplier.
- Several yearlong opportunities are in discussion and Innoviz expects a decision by 2-3 OEM's in the next 6 months, with the rest to follow in the next 12 months.
3. Ecosystem events:
- Innoviz is hosting an event for partners, customers, and analysts on September 19, 2022. The event will include keynotes speakers, a tour of Innoviz's facilities, including InnovizTwo automated production and test lines, and driving demos. Keynote speakers will include:
- Mr. Alejandaro Vukotich, VP of Automotive Product Management at Qualcomm. Qualcomm provides the SnapDragon Ride Platform which has been selected for use by several leading OEMs and Tier-1s.
- Dr. Richard Rau, VP of Autonomous Driving, Sensors, Integration Platforms and Cooperations at BMW Group. - Innoviz and Nvidia were selected to host a 3D perception workshop during the European Conference on Computer Vision (ECCV), a premier event that will run from October 23-27, 2022, in Tel Aviv. Innoviz and NVIDIA's workshop will discuss the unique challenges and advantages associated with the use of 3D data for autonomous driving and identify key requirements for perception software to process large, complex LiDAR datasets.
4. In the second quarter of 2022, Innoviz also expanded its global market share beyond the automotive industry:
- The Company entered into a cooperation with Joowon Industrial, a distributor and supplier of world-class testing equipment, for Joowon to serve as a distributor of a wide range of Innoviz applications across a number of industries, including industrial machinery and heavy equipment in the Korean and other markets.
- Japan Post, a special private company under the jurisdiction of the Japanese Ministry of Internal Affairs and Communications, selected InnovizOne LiDAR sensors to construct digital maps on postal delivery cars, paving the way for next-generation smart city services such as autonomous driving and unmanned delivery. The InnovizOne equipped delivery vehicles will generate detailed digital maps that gather information that include changes in roads and buildings along delivery routes.
Technology Leadership
Innoviz remains focused on investing in technology and perception software. This quarter, the Company made further improvements to its next-generation product, InnovizTwo.
- Innoviz is in process of ramping up the InnovizTwo B1 sample, which is designed to increase performance and volume production. Ramp up, allowing the availability of additional InnovizTwo B1 samples, is targeted for the beginning of 2023.
- Innoviz360 B sample integration is planned for the end of third quarter 2022, and Innoviz expects to demonstrate the first samples of Innoviz360 by the end of this year, as planned. Innoviz360 will help Innoviz expand its market outreach and its total addressable market (TAM).
Corporate Development
In the second quarter 2022, Innoviz announced a series of management team appointments to bolster its sales leadership experience and support its continued growth. The Company named Tali Chen as Chief Business Officer, Scott Craig as Country Manager, U.S., and Brijesh Shukla as Country Manager, Japan.
Second Quarter 2022 Financial Results
Revenues for the second quarter of 2022 were $1.8 million, compared to $1.0 million in the second quarter of 2021. The Company expects InnovizOne sales to continue to increase and it's also targeting to sell the first samples of InnovizTwo later this year.
Operating expenses for the second quarter of 2022 were $28.8 million, a decrease from $70.7 million in the second quarter of 2021. Operating expenses in the second quarter of 2022 included $4.4 million of share-based compensation compared to $49.9 million of share-based compensation in the second quarter of 2021. The decrease in operating expenses in the second quarter of 2022 compared to the second quarter of 2021 was primarily due to a decrease in share-based compensation, partially offset by an increase in headcount during the second quarter of 2022.
Research and development expenses for the second quarter of 2022 were $21.9 million, a decrease from $32.1 million in the second quarter of 2021. Research and development expenses in the second quarter of 2022 included $2.7 million attributable to share-based compensation compared to $17.6 million attributable to share-based compensation in the second quarter of 2021.
Innoviz maintains a high liquidity level with approximately $246 million in cash, short term deposits, restricted cash and marketable securities, as of June 30, 2022.
Guidance
Innoviz is reaffirming its 2022 guidance:
- The Company expects to increase its order book by more than 30% by the end of fiscal year 2022.
- The Company has achieved its expected stated goal to secure 10 pre-production programs during 2022. To date, the Company has participated in 12.
- The Company currently has 12 prospective customers in at different RFI and RFQ stages.
- The Company expects to drive material revenue by the end of 2023 from previously announced series wins with BMW and an L4 autonomous shuttle program, as well as from non-automotive end markets.
Conference Call
Innoviz management will hold a web conference today, August 10, 2022, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results. Innoviz CEO Omer Keilaf and CFO Eldar Cegla will host the call, followed by a question-and-answer session.
Investors are invited to attend by registering in advance here. All relevant information will be sent upon registration.
A replay of the webinar will also be available shortly after the call in the Investors section of Innoviz's website for 90 days.
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally-recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
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Media Contact
Media@innoviz-tech.com
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. "Forward-looking order book" is the cumulative projected future sales of hardware and perception software based on current estimates of volumes and pricing relating to a project. Many factors could cause actual future events, and, in the case of our forward-looking order book, actual orders, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on March 30, 2022 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
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SOURCE Innoviz Technologies | https://www.mysuncoast.com/prnewswire/2022/08/10/innoviz-technologies-provides-commercial-updates-reports-second-quarter-2022-financial-results/ | 2022-08-10T12:30:32Z |
(The Hill) — Reps. Rashida Tlaib (D-Mich.) and Cori Bush (D-Mo.), two progressive lawmakers who are members of the so-called “Squad,” fended off primary challengers on Tuesday, making them favorites to win their third and second terms, respectively.
Bush earned 69.5 percent of the vote in her primary, easily beating out Missouri state Sen. Steve Roberts (D), who garnered 26.6 percent of the vote.
Roberts had run a more moderate campaign, saying Bush put “publicity” ahead of her constituents in the district, which includes St. Louis and nearby suburbs, and noting her votes against legislation like the bipartisan infrastructure bill.
“For anyone who wondered if you can go to Congress as a single mom, nurse, pastor, politivist, & survivor, be your full self, vote your conscience, deliver for your community and get re-elected—St. Louis and I have our answer,” Bush tweeted on Tuesday evening shortly after The Associated Press called the race in her favor.
In Michigan, Tlaib also easily won her primary against three major challengers, garnering 66.5 percent of the vote. The AP called the race early Wednesday morning.
She beat out Detroit City Clerk Janice Winfrey (D), who earned 18.4 percent of the vote, Lathrup Village Mayor Kelly Garrett (D), who earned 10.2 percent, and former Michigan state Rep. Shanelle Jackson (D), who earned 4.9 percent.
The two races were recent bright spots for progressives, who have had a mixed track record in 2022.
But in other elections held on Tuesday, progressives largely fell short.
In a member-on-member primary in Michigan’s 11th District, moderate Rep. Haley Stevens (D) defeated Rep. Andy Levin (D), who was backed by progressives including Sen. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.).
And in Missouri’s Democratic Senate primary, Lucas Kunce (D), who was also backed by Sanders, lost the race to philanthropist Trudy Busch Valentine (D). | https://cw33.com/news/nexstar-media-wire/two-squad-members-survive-primary-challenges/ | 2022-08-03T18:45:10Z |
NORWALK, Conn., Aug. 16, 2022 /PRNewswire/ -- Goldfish® is partnering for the first time with Dunkin'® to bring fans a new flavor to fall for with limited edition Goldfish® Dunkin'™ Pumpkin Spice Grahams. The limited-time flavor will be available starting September 1 wherever Goldfish® are sold for a suggested retail price of $3.39 per 6.6 oz bag. Plus, beginning on August 18 at 12pm ET, Goldfish® and Dunkin'® are giving fans an early access opportunity to purchase these grahams by releasing a limited quantity exclusively through GoldfishSmiles on TikTok before the seasonal product starts officially rolling out in stores this September.
With notes of pumpkin, donut glaze, and warm spices – including cinnamon, cloves, and nutmeg – Goldfish® Dunkin'™ Pumpkin Spice Grahams give fans another exciting way to celebrate a season that pumpkin spice enthusiasts look forward to all year. These limited-edition grahams are the latest in an exciting line of Goldfish® limited-time product offerings that has included Frank's RedHot® Crackers, OLD BAY® Seasoned crackers and Jalapeno Popper.
"We continue to take Goldfish® to the next level with new, delicious and unexpected partnerships. The NEW Limited-Edition Goldfish® Dunkin'™ Pumpkin Spice Graham crackers bring together two fun and iconic brands to give pumpkin spice lovers a new way to experience the sweet side of their favorite snack," said Janda Lukin, chief marketing officer, Campbell Snacks. "This is the first time Goldfish is tapping into the pumpkin spice season and we couldn't be more excited to partner with the brand that knows pumpkin spice the best."
"Together with Goldfish®, we're bringing fans a new snack to reach for during one of the most popular seasons of the year: pumpkin spice season!" said Brian Gilbert, vice president of retail business development at Dunkin'®. "Limited-edition Goldfish® Dunkin'™ Pumpkin Spice Grahams embody everything we love about this special time, from the warm pumpkin spices you find in our delicious latte or notes of our classic donut glaze in our baked goods. We're confident this will be a real treat for all the pumpkin spice aficionados out there."
Pumpkin spice lovers, rejoice! Starting on August 18 at 12pm ET, Goldfish® and Dunkin'® are giving fans an early access opportunity to purchase Goldfish® Dunkin'™ Pumpkin Spice Grahams by releasing a limited quantity exclusively through TikTok. Fans can head to the link in bio at GoldfishSmiles for a chance to purchase, while supplies last! In appreciation for the generations that made Pumpkin Spice the un-official theme of Fall, the two brands wanted to give fans and pumpkin spice enthusiasts early access to this limited-time product on the platform they love the most. Beyond buzz-driving banter on Twitter, the utilization of TikTok allows Goldfish® to continue delivering new experiences and building connection points with consumers in an authentic and playful way.
Be sure to tag @GoldfishSmiles and @dunkin on social media to show us how you're enjoying Goldfish® Dunkin'™ Pumpkin Spice Grahams this fall.
For more information on Goldfish® crackers, visit https://www.pepperidgefarm.com/product-categories/goldfish-crackers/.
For more information on Dunkin'® visit www.dunkindonuts.com.
Pepperidge Farm® is a leading brand of premium quality snacks, fresh bakery products, and frozen foods, founded in 1937, The Pepperidge Farm® brand includes nearly 100 different snacks including over 30 varieties of Goldfish® crackers and 65 varieties of cookies. The portfolio includes iconic Goldfish® crackers, Milano cookies, and Pepperidge Farm Farmhouse Thin & Crispy cookies and more than 50 varieties of fresh baked breads including Pepperidge Farm Swirl, Farmhouse and Whole Grain and frozen Puff Pastry, Layer Cakes and Garlic Bread. Founded by Margaret Rudkin, an entrepreneurial homemaker who began baking fresh, wholesome bread for her allergy-afflicted son, Pepperidge Farm branded products are now in approximately 75 percent of homes nationwide. As of Fall 2022, all Pepperidge Farm signature paper bags are considered recyclable. For more information, visit www.pepperidgefarm.com or follow Pepperidge Farm on Instagram, Facebook and Twitter.
Founded in 1950, Dunkin'® is America's favorite all-day, everyday stop for coffee and baked goods. Dunkin'® is a market leader in the hot regular/decaf/flavored coffee, iced regular/decaf/flavored coffee, donut, bagel, and muffin categories. Dunkin'® has earned a No. 1 ranking for customer loyalty in the coffee category for 16 years running. The company has more than 12,600 franchised restaurants in 40 countries worldwide. Dunkin'® is part of the Inspire Brands family of restaurants. For more information, visit www.DunkinDonuts.com.
Contact:
Nirmala Singh | Zeno Group
Nirmala.Singh@zenogroup.com
Bethridge Toovell | Campbell Snacks
Bethridge_Toovell@campbells.com
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SOURCE Pepperidge Farm | https://www.mysuncoast.com/prnewswire/2022/08/16/goldfish-dunkin-are-giving-pumpkin-spice-lovers-flavor-fall-with-new-limited-edition-goldfish-dunkin-pumpkin-spice-grahams/ | 2022-08-16T13:33:14Z |
MESA, Ariz., June 8, 2022 /PRNewswire/ -- Atlis Motor Vehicles (ATLIS), a start-up mobility technology company, announced today the signing of a Memorandum of Understanding with defense vehicle developer Advent Atum, headquartered in Holsworthy, New South Wales, Australia. Under the agreement, Advent Atum will purchase ATLIS's fully electric vehicle platform, the ATLIS XP, to use in the development of its autonomous defense and specialist commercial products.
The ATLIS XP platform is a stand-alone medium to heavy-duty electric platform and is the base for the electric ATLIS XT pickup that will debut in 2024. The standard XP platform consists of two identical modular drive systems located in the front and rear of the vehicle, four traction motors, independent suspension, drive-by-wire technology and an ATLIS battery pack. The XP platform is the only full suite EV skateboard solution to convert a traditional internal combustion engine (ICE) vehicle to an EV. ATLIS plans to begin production of the XP by the end of 2022.
Advent Atum is developing products and systems powered by advanced AI, incorporating computer vision, radar, acoustics and deep learning algorithms. The company's core product in development is the HORAS™ (High Order Reinforced Autonomous System), a platform-agnostic AI software and hardware package to support semi and full autonomous operations.
"Advent Atum's mission is to rapidly advance defense and commercial industry capabilities through autonomy and sustainability," said Andrew Wilson, Managing Director, Advent Atum.
"The ATLIS XP will provide the functionality and modular design we need to bring our prototypes to production and deliver the plug-and-play capability needed for off-the-shelf defense and commercial sensor platforms, especially for Proteus," stated Robert O'Donnell, President, Advent Atum.
Additionally, Advent Atum looks to keep its supply chain as sustainable as possible. "Atlis Motor Vehicles is the perfect partner for us in term of other potential supply opportunities such as batteries for HORAS AI system," said Jade Vujevic, CFO, Advent Atum.
"Throughout the XP platform development process, we're working to ensure that an electric vehicle will retain the performance capabilities of an internal combustion engine vehicle," said Mark Hanchett, CEO of Atlis Motor Vehicles. "As the Australian Defence Force looks to reduce its dependence on foreign oil and Advent Atum moves to make sustainable, electric platforms, the XP delivers the capability, durability, and sustainability goals the Armed Forces demands."
The Proteus Autonomous Electric Vehicle concept is a 5–7-ton class protected multi role vehicle with an estimated 700km of electric range at full combat weight. The Proteus is intended to be used in combat reconnaissance type roles and automated logistics tasks. The Proteus is designed to be modular, with a removable crew compartment to allow for additional cargo capacity of the vehicle, to operate autonomously.
This is ATLIS's latest announcement with an Australian company. Earlier this year, ATLIS announced that Australian Manufactured Vehicles (AusMV) became ATLIS's first institutional investor under the entity Boss Global Investments. By 2025, AusMV plans to buy 19,000 ATLIS XT pickups and complete right-hand drive production in Australia for sale in the Oceania and Southeast Asia markets under the ATLIS brand.
About ATLIS Motor Vehicles
ATLIS is a mobility technology company developing products that will power work. The ATLIS innovators are building an electric vehicle technology platform for heavy and light duty work trucks used in the agriculture, service, utility, and construction industries. To meet the towing and payload capabilities of legacy diesel-powered vehicles, ATLIS is developing proprietary battery technology and a modular system architecture capable of scaling to meet the specific needs of the all-electric vehicle. For more information, visit www.atlismotorvehicles.com.
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SOURCE Atlis Motor Vehicles (ATLIS) | https://www.kxii.com/prnewswire/2022/06/08/atlis-motor-vehicles-signs-agreement-with-australia-based-advent-atum-provide-xp-platforms-autonomous-defense-products/ | 2022-06-08T15:06:45Z |
Editor’s note: This is the third installment of a series highlighting some of the top high school football players in Albany and Lee County. In the past, it has been the “Dynamite Dozen” but this season it will be the “Fantastic Fifteen.”
ALBANY — If the Westover Patriots are going to earn some wins on the football field this season, senior defensive end Deandre Chatmon will play a big part in the team’s success.
Chatmon, a 6-foot-2, 225-pounder, will be a force for the Westover defense as he looks to fulfill his goal of breaking the state record in quarterback sacks and leaving a lasting impression on Westover’s opponents.
“I want us to earn a winning record and I want people to remember what it was like to play Westover,” Chatmon said.
Deandre, the son of Deborah Chatmon of Albany, began playing football around the age of 5 and is hoping to continue playing football in college. He has had some recruiting interest from schools but is hoping his work on the field this season will get more interest.
“Deandre is the epitome of what a leader is,” said Westover head coach Adam Miller. “He is a leader in action and words and a true example of our three core foundations at Westover — discipline, effort and trust.”
Chatmon said when he gets to college he intends to study business management. At Westover, he is in the construction pathway and math is his favorite subject in school. His motivation for football is his future.
“I want to make a future for myself and make living conditions better,” he said.
The Patriots have not had a lot of success on the football field the previous couple of seasons, but Chatmon believes Miller and the Patriots are on the right track and the hard work will pay off this season.
“There is a lot more discipline in this program than we had before,” said Chatmon.
A hot August day didn't seem to put a damper on enthusiasm as Dougherty County School System employees came out for the second annual outdoor pep rally this week. Moved outdoors due to COVID-19 last year, the rally gave employees to meet up with those they had not seen in a couple of months … Click for more.
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Healthcare-Focused Private Equity Firm Continues Growth Trajectory
DALLAS and NASHVILLE, Tenn., June 1, 2022 /PRNewswire/ -- Pharos Capital Group, a middle-market private equity firm based in Dallas and Nashville, announced today that it recently added two vice presidents to its team. Jim Kerrigan, in the firm's Dallas office, was promoted from Associate. The firm also hired Philip Butler as a Vice President in its Dallas office. The moves are part of Pharos's continuing efforts to both recognize home-grown talent and recruit talented outside professionals to support the firm's growth.
Both Mr. Kerrigan and Mr. Butler are responsible for evaluating and executing investment opportunities, performing transaction due diligence, and working with management teams to implement operational and growth strategies.
Mr. Kerrigan currently works with the firm's investments in The Family Treatment Network, MOTION Physical Therapy, Sona Dermatology & Medspa, Sanderling Renal Services, and THEMA Health Services. Prior to joining Pharos in 2016, he was an Investment Banking Analyst at Barclays Investment Bank in New York. Mr. Kerrigan graduated from the University of Nebraska Omaha with a BSBA, magna cum laude, in Accounting and Finance.
Mr. Butler currently works with the firm's investments in Complete Health, FasPsych, Seaside, and Verdi Oncology. Prior to joining Pharos, he was a Vice President and Venture Partner at Apis Holdings in Tulsa, Oklahoma. He graduated from Morehouse College with a B.A. in Economics and Political Science and received an M.B.A. in Finance and Real Estate from The Wharton School at the University of Pennsylvania.
Kneeland Youngblood, Pharos Founding Partner and Chairman & CEO, said, "Pharos is proud to recognize Jim and Philip in their new roles. We are always interested in bringing on people of different backgrounds and experiences, who offer fresh ideas and contribute to our mission of building strong companies that can reduce healthcare inequalities in underserved markets across the United States. Jim has greatly impressed us in his six years at our firm, and Philip has been a welcome addition, already making his mark as a colleague and thoughtful advisor. We look forward to their continued contributions and leadership."
Based in Dallas and Nashville, Pharos Capital Group (www.pharosfunds.com) is a physician-founded investment firm focused on growing healthcare companies that aim to lower the total cost of care, improve patient outcomes and reduce healthcare inequalities in underserved markets, especially within urban and rural communities. Since inception, Pharos has invested in 57 companies and has over $1.1 billion of private equity assets under management as of March 31, 2022. Pharos typically invests $25-$50 million in rapidly growing middle market companies seeking later stage funding for internal growth, acquisitions, leveraged buyouts, management buyouts, or recapitalizations predominantly across healthcare sectors.
For business development opportunities with Pharos Capital Group, please contact Adam Persiani at 214-740-7003 or apersiani@pharosfunds.com.
Contact:
Caroline Luz
Lambert
203-656-2829
cluz@lambert.com
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SOURCE Pharos Capital Group | https://www.kxii.com/prnewswire/2022/06/01/pharos-capital-group-adds-two-vice-presidents/ | 2022-06-01T12:07:15Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Generac Holdings Inc. ("Generac" or the "Company") (NYSE: GNRC). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Generac and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Generac has asserted that its recent acquisitions (including its 80% interest in Pramac and acquisition of Off Grid Energy) support the Company's "Powering A Smarter World" strategic plan and has touted the role played by Generac's much-hyped strategic distribution partnership with Sunnova. On June 22, 2022, Spruce Point Capital Management ("Spruce Point") published an investment report alleging that Generac is struggling "to suppress core business challenges, while pivoting towards a highly speculative and unproven acquisition spree in clean energy products and services." Among other things, the Spruce Point report: (1) accused Generac of engaging in a pattern of misreporting acquisition revenue contribution between 2019 and 2021; (2) questioned Pramac's ballooning receivables, calling it "a hallmark of channel stuffing"; (3) observed that Generac's press release announcing the Off Grid Energy acquisition obscured the fact that its 80% Pramac business was the end acquiror and found "evidence to suggest a sham revenue transaction at Off Grid Energy"; and (4) opined that Generac's distribution partnership with Sunnova may have been structured to enable Generac to round-trip cash flows.
On this news, Generac's stock price fell $7.41 per share, or 3.37%, to close at $212.57 per share on June 22, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-generac-holdings-inc-gnrc/ | 2022-07-06T04:19:55Z |
- Exhibit booth will highlight solutions that offer new ways to address today's most critical lab challenges and deliver better patient care.
- Roche will debut the Idea Lab series, where industry experts share insights on healthcare topics such as health equity, access, staffing pressures and data optimization.
INDIANAPOLIS and CHICAGO, July 22, 2022 /PRNewswire/ -- Roche (SIX: RO,ROG) (OTCQX: RHHBY) will showcase a cutting-edge interactive and solutions-focused exhibit at the 2022 American Association of Clinical Chemistry (AACC) Scientific Meeting and Clinical Lab Expo, July 24-28 in Chicago.
The Roche exhibit booth (No. 2002) will feature the latest solutions that can connect laboratory systems, analyze data and drive new efficiencies so labs have more time to focus on delivering better patient care. To address current laboratory challenges, Roche will also introduce the Roche Idea Lab, where experts in areas critical to laboratory success will provide key insights. These areas include a lab's success in health equity and testing access, staffing pressures, data optimization, and improving clinical outcomes for patients with cardiometabolic, neurodegenerative and infectious diseases.
"Laboratorians want to focus on the tasks that matter most, providing life-impacting results. There is a critical need for solutions that ease staffing pressures and improve testing capacity and access," said Matt Sause, president and CEO of Roche Diagnostics North America. "Addressing these challenges together is essential to providing patient care, and we are excited that the Roche booth will showcase innovative and integrated solutions that address these needs."
The Roche exhibit booth will feature demonstrations of 18 innovative systems including:
- cobas® pro and cobas® pure* serum work area solutions
- cobas® 5800* molecular system
- cobas® pulse*, a point-of-care professional glucose management solution
*Product not available for sale in the U.S. A 510(k) submission is pending with the Food and Drug Administration.
Roche will also present 11 interactive workshops as part of the Idea Lab to share best practices and provide answers on topics that matter most in today's evolving lab environment. For more information about Roche's participation at 2022 AACC and the Idea Lab Program, visit AACC.roche.com. Participation this year is both virtual and in-person.
Tuesday, July 26
Apprenticeship programs to help address staffing shortages | 10:00 - 10:30 a.m. CDT
Cecilia M. Thompson, M.S., Ph.D., medical director, infectious diseases, TriCore Reference Laboratories
Navify's digital ecosystems: The future of healthcare | 10:45 - 11:15 a.m. CDT
Nam K. Tran, Ph.D., Director, pathology biorepository; professor, Division of clinical pathology, UC Davis Health
The sugary slope of type II diabetes to heart failure | 11:30 a.m. - 12:30 p.m. CDT
Panelists from the University of Texas Southwestern Medical Center and University of California, San Francisco
Inclusive by design: How the lab can drive health equity and access | 1:00 - 1:45 p.m. CDT
Gary Puckrien, Ph.D., president and chief executive officer, National Minority Quality Forum
Octavia Peck Palmer, Ph.D., assistant professor of critical care medicine, University of Pittsburgh School of Medicine; president-elect, American Association of Clinical Chemistry
Successful change happens with people | 2:15 - 2:45 p.m. CDT
Jennifer Lamb, system implementation program director, Roche Diagnostics
Antimicrobial stewardship in the emergency department | 3:00 - 3:45 p.m. CDT
Larissa May, M.D., director of emergency department and outpatient antibiotic stewardship, UC Davis Health; antibiotic stewardship lead, VA Northern California Healthcare System
Wednesday, July 27
A unique approach to training to help address staffing shortages | 10:00 - 10:30 a.m. CDT
A panel from Wisconsin Diagnostic Laboratories
Insights and impact of home testing and self-collection | 11:30 a.m. - 12:30 p.m. CDT
Panelists from TriCore Reference Laboratories, Washington University School of Medicine and St. Louis County Sexual Health Clinic, Seattle Children's Hospital and Massachusetts General Hospital
Structure, strategy and people: How Roche Healthcare Consulting helps optimize your testing menu | 1:00 - 1:30 p.m. CDT
A panel from Roche Healthcare Consulting
Optimize workflow and staff with cobas® infinity | 2:00 - 2:30 p.m. CDT
Jim Poppen, system manager, laboratory, Iowa Methodist Medical Center, UnityPoint Health – Des Moines
Automation: Solutions for now, vision for the future | 2:00 - 2:30 p.m. CDT
A panel from Wisconsin Diagnostic Laboratories and UnityPoint Health
Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people's lives. The combined strengths of pharmaceuticals and diagnostics, as well as growing capabilities in the area of data-driven medical insights help Roche deliver truly personalized healthcare. Roche is working with partners across the healthcare sector to provide the best care for each person.
Roche is the world's largest biotech company, with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and diseases of the central nervous system. Roche is also the world leader in in vitro diagnostics and tissue-based cancer diagnostics, and a frontrunner in diabetes management. In recent years, the company has invested in genomic profiling and real-world data partnerships and has become an industry-leading partner for medical insights.
Founded in 1896, Roche continues to search for better ways to prevent, diagnose and treat diseases and make a sustainable contribution to society. The company also aims to improve patient access to medical innovations by working with all relevant stakeholders. More than 30 medicines developed by Roche are included in the World Health Organization Model Lists of Essential Medicines, among them life-saving antibiotics, antimalarials and cancer medicines. Moreover, for the thirteenth consecutive year, Roche has been recognized as one of the most sustainable companies in the pharmaceutical industry by the Dow Jones Sustainability Indices (DJSI).
The Roche Group, headquartered in Basel, Switzerland, is active in over 100 countries and in 2020 employed more than 100,000 people worldwide. In 2020, Roche invested CHF 12.2 billion in R&D and posted sales of CHF 58.3 billion. Genentech, in the United States, is a wholly-owned member of the Roche Group. Roche is the majority shareholder in Chugai Pharmaceutical, Japan. For more information, please visit www.roche.com.
All trademarks used or mentioned in this release are protected by law. The cobas® pulse and the cobas® pure are in development and are not available for sale in the US.
Roche Diagnostics U.S. Media Relations
us.mediarelations@roche.com
Onsite:
Jonathon Hosea
+1-317-287-9032 / jonathon.hosea@roche.com
Offsite:
Jen Dial
+1-463-867-0232 / jen.dial@roche.com
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SOURCE Roche | https://www.kxii.com/prnewswire/2022/07/22/roche-showcase-latest-innovations-diagnostic-solutions-american-association-clinical-chemistry-2022-clinical-lab-expo/ | 2022-07-22T11:42:21Z |
This bed management addition benefits practitioners, administrators, and clients.
BIRMINGHAM, Ala., Aug. 29, 2022 /PRNewswire/ -- Therapy Brands announces today it has expanded the capabilities of Procentive, its full-featured, simple EHR solution for behavioral health practices, to now include a bed management module. This added feature allows customers the ability to manage and track stays for clients.
Procentive's bed management module benefits practitioners, administrators, and clients. Nurses and clinical staff can quickly check and update bed status, take attendance, and include tags that indicate status, special needs, or medication.
This new feature benefits administrators and managers by providing a clear overview of bed capacity by room, building, or unit. Waitlists can now be created or checked based on patient's specific needs. Integration within a PMS system allows a practitioner to synch attendance to billing and scheduling and easily access client information like medication and allergies.
"We are excited to evolve the Procentive offering to better serve the inpatient provider community across the country," said Kelley Blair, Chief Operating Officer, Therapy Brands. "This module will help our customers drive efficiency, increase time with patients, and optimize reimbursement for the care they deliver."
About Therapy Brands: Therapy Brands is the leading healthcare IT partner for mental, behavioral, and rehabilitative therapy. Our purpose-built practice management, revenue and data solutions drive exceptional clinical and financial outcomes. Therapy Brands is the trusted partner of thousands of therapy practices who rely on our solutions to simplify their administration, improve revenue, and enable them to focus on patient care. (www.therapybrands.com.)
Nicole Lininger
nicole.lininger@therapybrands.com
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SOURCE Therapy Brands | https://www.wibw.com/prnewswire/2022/08/29/therapy-brands-launches-new-bed-management-module-procentive-ehr/ | 2022-08-29T21:30:47Z |
The U.S. Department of Education’s Institute of Education Sciences has awarded Georgia State University a $1.7 million grant to conduct a four-year study of the relationship between student outcomes and career and technical education, and teacher preparation and experience.
ATLANTA — The U.S. Department of Education’s Institute of Education Sciences has awarded Georgia State University a $1.7 million grant to conduct a four-year study of the relationship between student outcomes and career and technical education, and teacher preparation and experience.
The research also will examine the challenges school districts face in recruiting and retaining qualified CTE teachers.
The project, “CTE Teacher Labor Markets, Attributes and Student Outcomes,” benefits from the strengths of an existing CTE policy research partnership, the Career & Technical Education Policy Exchange in the university’s Georgia Policy Labs. Principal investigator Daniel Kreisman, an associate professor of economics, leads the project along with Thomas Goldring (Georgia State), Roddy Theobald (American Institutes for Research), Celeste Carruthers (University of Tennessee) and Shaun Dougherty (Boston College).
“Every state in the country faces CTE teacher shortages and is trying to align with industry demands,” Kreisman said. “However, policy decisions are being made without a concrete understanding of what instructor skills, experience and certifications are critical to CTE student outcomes. Our research will fill this gap.”
The project will provide a comprehensive overview of CTE teachers and contextualize strategies for addressing CTE staffing. It will explore how student outcomes, such as test scores, college enrollment, employment and earnings, vary with these teacher characteristics. The research team will observe data across four states in a sample of more than 2 million unique students who took CTE coursework from more than 15,000 CTE teachers.
“We know a whole lot about the role K–12 teachers play in student learning,” Kreisman said. “We even have good insight into the challenges districts face in recruiting and retaining them. Yet, when it comes to CTE, we know next to nothing. Our research will provide detailed information the CTE field has sought for years.”
The Albany State Youth Enrichment Program (ASYEP) at Albany State University (ASU) is a community outreach initiative designed to provide youth within the city of Albany and Dougherty County, Georgia and surrounding counties an opportunity to engage in a variety of enrichment activities duri… Click for more.
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– This Year Includes Cultural Leaders Coi Leray, Gucci Mane, Iddris Sandu, Tamika D. Mallory, Big Freedia, Pretty Vee, Fly Guy DC, 19 Keys, DJ Drama, Tezlyn Figaro, Tariq Nasheed, Bimma Williams, LaRussell, and more–
The Summit will feature exclusive live viewings of REVOLT's leading programs, including Assets Over Liabilities, Big Facts, Drink Champs, and more
The two-day immersive experience will also include interactive keynotes, panel conversations, performances, and town hall discussions led by prominent future-makers
This year's Summit will also feature the Be Heard Finale, AT&T Office Hours, Pitch Competition, and the annual Career Fair
Tickets available NOW at REVOLTSummit.com
LOS ANGELES, Aug. 31, 2022 /PRNewswire/ -- Today, Sean "Diddy" Combs announced "The Future is Now" theme for this year's REVOLT Summit x AT&T returning to Atlanta, Ga., on September 24-25, 2022. Featuring an all-star lineup, the Summit will include panels, keynotes, and conversations from Coi Leray, Gucci Mane, Iddris Sandu, Tamika D. Mallory, Big Freedia, Pretty Vee, Fly Guy DC, 19 Keys, DJ Drama, Tezlyn Figaro, Tariq Nasheed, Bimma Williams, LaRussell, and more. This year's immersive two-day event will focus on exploring the future of Hip Hop and culture across categories while empowering the next generation of rising future-makers.
Led by Chairman Sean "Diddy" Combs and REVOLT, in collaboration with AT&T*, the Summit offers attendees access to opportunity in real-time, with an unparalleled experience that celebrates the global power and influence of Hip Hop. Offering a fully immersive experience, this year's Summit will feature exclusive live viewings of REVOLT'S hit series, including Assets Over Liabilities with Rashad Bilal and Troy Millings, Big Facts, Drink Champs, the Rap Radar podcast, and more.
"The REVOLT Summit is coming back bigger and better than ever with the goal of inspiring the next generation of cultural leaders to understand that the time is now to achieve your dreams, change your life, and more importantly change the world," said Sean "Diddy" Combs, Chairman of REVOLT. "The future is happening in real-time, so we all have a responsibility to share the access, information, and opportunities that will move the culture forward and the REVOLT Summit is where it all starts."
This year's Summit will introduce a new format, featuring a lineup of interactive keynotes, panel conversations, live performances, and town hall discussions with the most prominent voices shaping the future. The Summit will also provide access to life-changing networking opportunities, valuable information and mentorship through the AT&T Office Hours, Career Fair, Pitch Competition, and the annual Be Heard Finale.
"Our mission at REVOLT is to provide a platform for the artists, creators and cultural leaders shaping the future of Hip Hop across categories and this year's Summit is anchored in bringing this vision to life," said Detavio Samuels, CEO of REVOLT. "Atlanta represents the epicenter of Hip Hop culture today, so we're excited to return with a new slate of programming, marquee talent, and live experiences that explore what's next, while highlighting how both REVOLT and Hip Hop continue evolving."
Thriving at the intersection of culture and education, the Summit unites the biggest artists, innovators, activists and industry leaders to explore the future of Hip Hop, culture, community, commerce, connectivity and the future of REVOLT. Maintaining an unwavering commitment to the local community, the Summit will once again take place at 787 Windsor, a 3.5-acre urban art studio and outdoor open area campus owned by Sharod Simpson, founder and CEO of street meets faith brand, God Is Dope.
"The future is now, and we believe there's nothing more powerful than connection to drive the evolution," said Michelle Jordan, Chief Diversity Officer, AT&T. "AT&T's presence at the Summit gives us a chance to learn from influential Black leaders, while offering experiences that can empower and drive real impact."
The REVOLT Summit x AT&T will provide attendees with the ultimate experience through can't-miss performances, educational keynotes, panels, interactive workshops and more such as:
ASSETS OVER LIABILITIES
Join powerhouses Rashad Bilal and Troy Millings (of Earn Your Leisure) for an exciting conversation on financial literacy as they're granted exclusive access into the personal lives and businesses of celebrity guests to answer a critical question: are they working with assets… or liabilities?
THE FUTURE OF CULTURE
This session will include an insightful keynote by Iddris Sandu, in addition to a panel conversation moderated by Bimma Williams, founder of Claima, who will be joined by Ms. Basketball and more to explore the future of content, collaboration, creativity and convergence.
THE FUTURE OF COMMUNITY
This session will include a keynote from prominent activist and community leader Tamika D. Mallory, exploring the future of social justice, equity, and our collective fight for freedom.
THE FUTURE OF COMMERCE
This session will include a keynote from John Petty III, Executive Creative Director at Weiden + Kennedy and AdAge Creative of the Year, exploring the future relationship between brands, creators and the changing economy.
THE FUTURE OF CONNECTIVITY
The future is now, and technology is changing. This panel explores the future of connectivity as it relates to 5G social media, networking, live streaming, and more.
DEAR AMERICA, RUN MY CHECK
With nearly 85% of Black Americans believing that there should be some form of compensation delivered to the descendants of the American enslavement, Tariq Nasheed and REVOLT Black News Weekly hosts moderate a solution-oriented discussion about our payback for building this country for free.
BE HEARD COMPETITION
REVOLT's Signature event, BE HEARD, a talent competition aimed at giving everyone a shot at BEING HEARD, will kick off with a special HBCU Open Call for current attendees of Historically Black Colleges and Universities (HBCU) in Atlanta. Two winners from the Open Call will go on to compete at the BE HEARD finals on September 25th at the Summit for a panel of judges including DJ Drama, Tek and others for the chance to win $10,000.
AT&T OFFICE HOURS
Back by popular demand, the Summit will provide direct access to some of the most successful and inspiring leaders of our time with AT&T Office Hours: 10-minute one-on-one mentoring sessions that Summit attendees can sign up for at no cost with top leaders of today. Interested attendees can register via the REVOLT Summit app.
Two-day early bird tickets are now available for purchase for $99 with Insider tickets available for $249. For more information about this year's programming and to purchase tickets for admission, please visitwww.revoltsummit.com and download the REVOLT app.
The 2022 REVOLT Summit x AT&T is curated by entertainment and brand experience company, Superfly. Join and follow the social conversation on Instagram, Twitter, Facebook, TikTok and YouTube via @ATT, @REVOLT, @REVOLTSummit and #REVOLTSummitxATT.
ABOUT REVOLT TV
REVOLT is the leading Black-owned and operated multimedia platform servicing content 24/7 across digital, linear and live media channels. The platform produces rich content and original material with the biggest names in Hip-Hop, along with reports of breaking news, current events, trends and announcements within the Black cultural movement and Hip-Hop world. REVOLT takes pride in its diversity, both in its mindset and its company makeup, further instilling its dedication to culture within its staff and audiences. Founded by Sean "Diddy" Combs in 2013, REVOLT attracts more than 50 million millennials and Gen Z audiences through its disruptive, authentic material across all platforms. In 2021, REVOLT launched a brand new digital mobile app where users can view extended releases, live updates from relevant news, exclusive specials and much more.
For more information on REVOLT's digital content, please visit https://www.revolt.tv/ and visit https://revolt.tv/listings for local broadcast listings.
*About AT&T
We help more than 100 million U.S. families, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.
About Superfly
Superfly is an entertainment and brand experience company obsessed with activating and amplifying communities around common passions and unforgettable moments. Superfly's expertise is building cultural experiences with a distinct identity such as the iconic Bonnaroo Music & Arts Festival, The FRIENDS Experience, BravoCon, and REVOLT Music Summit, that are equally desired by brands and destinations for fans. Superfly delivers brand experiences for clients including Citi, Intel, NBCUniversal, Verizon Media, and CLEAR by blending strategy, insights, creativity, technology, and flawless execution.
Working across sports, music and entertainment, Superfly has been named Global Experiential Agency of the Year by The Drum, and their experiences have been honored by Event Marketer, BizBash, Campaign, and Digiday. Superfly is headquartered in New York. Learn more at http://superf.ly, and follow on Twitter, Facebook, and Instagram.
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SOURCE REVOLT | https://www.wibw.com/prnewswire/2022/08/31/sean-diddy-combs-announces-future-is-now-theme-this-years-revolt-summit-x-atampt-its-return-atlanta-september-24th-25th/ | 2022-08-31T16:29:41Z |
BEVERLY, Mass., Sept. 13, 2022 /PRNewswire/ -- Axcelis Technologies, Inc. (NASDAQ: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced the company's plans to sponsor and participate in the International Conference on Ion Implantation Technology 2022 (IIT 2022) taking place on September 25-29, 2022, at The US Grant Hotel in San Diego, CA.
The 23rd Conference in the biannual series is focused on major challenges in current and emerging technologies related to ion implantation and annealing processes, device applications, equipment, metrology and modeling. Axcelis has been a proud sponsor of the conference for over 40 years.
- Axcelis technologists and collaborators will present the following topics at the event:
- Advanced Angle Control Requirements and Solutions for Enabling High Aspect Ratio Device Structures
- Introducing the Purion H200™, Single Wafer High Current Implanter Designed to Address Unique High Dose Implant Applications
- Analysis of Dopant Distribution Profiles of Very High Energy Implants
- Neutron Radiation due to High Energy Boron Ion Beams
- Ion Implanter Beam Optics Design Using Global Optimization Techniques
- Purion XEmax™, Axcelis Ultra High Energy Implanter with Boost Technology
- Linac Simulation with Dataset Generator
- Reduction of Wafer Charging Effects with Advanced Electrostatic Chuck Technologies
- Silicon Damage from Timescale Modulation for Dose Accumulation in Single Implant and Damage Interactions Between Multiple Implants
For more information on the event, or to register, visit the conference website at https://www.mrs.org/iit2022.
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 40 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.
CONTACTS:
Maureen Hart (editorial/media) 978.787.4266
Doug Lawson (investor relations) 978.787.9552
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SOURCE Axcelis Technologies, Inc. | https://www.kxii.com/prnewswire/2022/09/13/axcelis-announces-sponsorship-participation-international-conference-ion-implantation-technology-2022/ | 2022-09-13T12:37:03Z |
Delivers year-over-year revenue growth for both IoT and Cybersecurity business units
First Quarter Fiscal 2023:
- Total company revenue of $168 million.
- IoT revenue of $51 million.
- Cybersecurity revenue of $113 million.
- Licensing & Other revenue of $4 million.
- Net cash used by operations of $42 million.
- Non-GAAP basic loss per share of $0.05, GAAP basic loss per share of $0.31, primarily driven by a one-time litigation settlement of $165 million.
WATERLOO, ON, June 23, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended May 31, 2022 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
"BlackBerry entered fiscal year 2023 with solid momentum, and this quarter we continued to execute well. At our recent Analyst Day, we outlined our 3 and 5-year financial goals for the business. Our performance demonstrates that our operational plans to achieve those goals are starting to deliver results," said John Chen, Executive Chairman & CEO, BlackBerry. "The IoT business maintained its momentum of new design wins in rapidly growing core Auto domains, including Advanced Driver Assistance Systems and Digital Cockpits, and delivered a third consecutive record quarter for pre-production revenues. The Cybersecurity business demonstrated solid traction in the market by recording double-digit year-over-year billings growth. Given its exciting market opportunities, and synergies as the two markets continue to converge, the Company is well-positioned to invest and drive growth."
First Quarter Fiscal 2023 Financial Highlights
- Total company revenue was $168 million.
- Total company non-GAAP gross margin was 63% and GAAP gross margin was 62%.
- IoT revenue was $51 million, a 19% increase year-over-year, with gross margin of 84% and ARR of $94 million, while royalty revenue backlog increased by 14% year-over-year to approximately $560 million.
- Cybersecurity revenue was $113 million, a 6% increase year-over-year, with gross margin of 53% and ARR of $334 million.
- Software and Services revenue in total was $164 million, a 9% increase year-over-year.
- Licensing and Other revenue was $4 million, with gross margin of 50%.
- Non-GAAP operating loss was $27 million. GAAP operating loss was $177 million, mainly driven by a one-time litigation settlement of $165 million.
- Total cash, cash equivalents, short-term and long-term investments were $721 million.
- Total net cash position was $356 million.
- Net cash used operating activities was $42 million.
Business Highlights & Strategic Announcements
IoT:
- BICV selects BlackBerry to power an intelligent Digital Cockpit, featuring augmented reality, artificial intelligence, and hologram functions for new Renault Jiangling all-electric sedan
- BlackBerry and BiTECH jointly develop a digital LCD instrument cluster for Changan's next-generation high-end UNI-V Coupe
- BlackBerry and Magna entered a multi-year agreement to collaborate on next-generation Advanced Driver Assistance System (ADAS) solutions for global automakers
- Strategy Analytics, a leading independent research firm, has determined that BlackBerry® QNX® software is now embedded in over 215 million vehicles, increasing from over 195 million cars last year
- BlackBerry strengthens QNX® Advanced Virtualization Framework for Android Automotive OS to simplify and accelerate building IVI systems on the QNX® Hypervisor
- BlackBerry QNX® OS for Safety 2.2 is to be certified to the highest level of functional safety for the rail industry and the QNX® Hypervisor 2.2 is recognized with the highest functional safety standard for medical device software
Cybersecurity:
- BlackBerry adds zero-day phishing detection and domain classification to CylanceGATEWAY™, its Zero Trust Network Access solution that enables VPN replacement by offering secure access from any device, on any network, to any application
- BlackBerry partners with Midis Group, a leading technology company, to drive growth in Eastern Europe, the Middle East, and Africa
- BlackBerry enhances its Managed Security Service Provider (MSSP) channel program, including an expansion of the range of products available, increased partner support and more comprehensive training
- IDC names BlackBerry® UEM a Leader in Overall UEM in their 2022 Vendor Assessments, highlighting BlackBerry's wide range of government and industry certifications around security and compliance
- BlackBerry and Google launch Chrome Enterprise Management with BlackBerry UEM to support the growing number of devices running Google Chrome OS and Chrome browser
- BlackBerry and NXP join forces to help companies prepare for, and prevent, Y2Q post-quantum cyber attacks
Outlook
BlackBerry will discuss its fiscal year 2023 and longer-term outlook in connection with the quarterly earnings announcement on its earnings conference call. The earnings call transcript will be made available on our website and on SEDAR.
Use of Non-GAAP Financial Measures
The tables at the end of this press release include a reconciliation of the non-GAAP financial measures and non-GAAP financial ratios used by the company to comparable U.S. GAAP measures and an explanation of why the company uses them.
Conference Call and Webcast
A conference call and live webcast will be held today beginning at 5:30 p.m. ET, which can be accessed by dialing +1 (877) 400-4403 or by logging on at BlackBerry.com/Investors.
A replay of the conference call will also be available at approximately 8:30 p.m. ET by dialing +1 (800) 770-2030 and entering Conference ID #1566649 and at the link above.
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including more than 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.
Investor Contact:
BlackBerry Investor Relations
+1 (519) 888-7465
investorrelations@blackberry.com
Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@blackberry.com
This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding BlackBerry's plans, strategies and objectives including its expectations with respect to increasing and enhancing its product and service offerings.
The words "expect", "anticipate", "estimate", "may", "will", "should", "could", "intend", "believe", "target", "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to, BlackBerry's expectations regarding its business, strategy, opportunities and prospects, the launch of new products and services, general economic conditions, competition, and BlackBerry's expectations regarding its financial performance. Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, risks related to the following factors: BlackBerry's ability to enhance, develop, introduce or monetize products and services for the enterprise market in a timely manner with competitive pricing, features and performance; BlackBerry's ability to maintain or expand its customer base for its software and services offerings to grow revenue or achieve sustained profitability; the intense competition faced by BlackBerry; the occurrence or perception of a breach of BlackBerry's network cybersecurity measures, or an inappropriate disclosure of confidential or personal information; the failure or perceived failure of BlackBerry's solutions to detect or prevent security vulnerabilities; BlackBerry's continuing ability to attract new personnel, retain existing key personnel and manage its staffing effectively; litigation against BlackBerry; BlackBerry's dependence on its relationships with resellers and channel partners; acquisitions, divestitures and other business initiatives; the impact of the COVID-19 pandemic; network disruptions or other business interruptions; BlackBerry's ability to foster an ecosystem of third-party application developers; BlackBerry's products and services being dependent upon interoperability with rapidly changing systems provided by third parties; BlackBerry's ability to obtain rights to use third-party software and its use of open source software; failure to protect BlackBerry's intellectual property and to earn expected revenues from intellectual property rights; BlackBerry being found to have infringed on the intellectual property rights of others; the substantial asset risk faced by BlackBerry, including the potential for charges related to its long-lived assets and goodwill; BlackBerry's indebtedness; tax provision changes, the adoption of new tax legislation or exposure to additional tax liabilities; the use and management of user data and personal information; government regulations applicable to BlackBerry's products and services, including products containing encryption capabilities; environmental, social and governance expectations and standards; the failure of BlackBerry's suppliers, subcontractors, channel partners and representatives to use acceptable ethical business practices or comply with applicable laws; regulations regarding health and safety, hazardous materials usage and conflict minerals; foreign operations, including fluctuations in foreign currencies; adverse economic, geopolitical and environmental conditions; the fluctuation of BlackBerry's quarterly revenue and operating results; the volatility of the market price of BlackBerry's common shares; and rising inflation.
These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry's Annual Report on Form 10-K and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry's forward-looking statements. Any statements that are forward-looking statements are intended to enable BlackBerry's shareholders to view the anticipated performance and prospects of BlackBerry from management's perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry's financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry's business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates. Any forward-looking statements are made only as of today and the company has no intention and undertakes no obligation to update or revise any of them, except as required by law.
Reconciliations of the Company's Segment Results to the Consolidated Results
The following table shows information by operating segment for the three months ended May 31, 2022 and May 31, 2021. The Company reports segment information in accordance with U.S. GAAP Accounting Standards Codification Section 280 based on the "management" approach. The management approach designates the internal reporting used by the Chief Operating Decision Maker for making decisions and assessing performance of the Company's reportable operating segments.
The following table reconciles the Company's segment results for the three months ended May 31, 2022 to consolidated U.S. GAAP results:
______________________________
The following table reconciles the Company's segment results for the three months ended May 31, 2021 to consolidated U.S. GAAP results:
______________________________
Reconciliation of Non-GAAP Measures with the Nearest Comparable U.S. GAAP Measures
In the Company's internal reports, management evaluates the performance of the Company's business on a non-GAAP basis by excluding the impact of certain items below from the Company's U.S. GAAP financial results. The Company believes that these non-GAAP financial measures and non-GAAP ratios provide management, as well as readers of the Company's financial statements with a consistent basis for comparison across accounting periods and is useful in helping management and readers understand the Company's operating results and underlying operational trends.
Readers are cautioned that adjusted gross margin, adjusted gross margin percentage, adjusted operating expense, adjusted net loss, adjusted loss per share, adjusted research and development expense, adjusted selling, marketing and administrative expense, adjusted amortization expense, adjusted operating loss, adjusted EBITDA, adjusted operating loss margin percentage, adjusted EBITDA margin percentage and free cash usage and similar measures do not have any standardized meaning prescribed by U.S. GAAP and are therefore unlikely to be comparable to similarly titled measures reported by other companies. These non-GAAP financial measures should be considered in the context of the U.S. GAAP results.
Reconciliation of non-GAAP based measures with most directly comparable U.S. GAAP based measures for the three months ended May 31, 2022 and May 31, 2021
A reconciliation of the most directly comparable U.S. GAAP financial measures for the three months ended May 31, 2022 and May 31, 2021 to adjusted financial measures is reflected in the table below:
Reconciliation of U.S. GAAP operating expense for the three months ended May 31, 2022 and May 31, 2021 to adjusted operating expense is reflected in the table below:
Reconciliation of U.S. GAAP net loss and U.S. GAAP basic loss per share for the three months ended May 31, 2022 and May 31, 2021 to adjusted net loss and adjusted basic loss per share is reflected in the table below:
Reconciliation of U.S. GAAP research and development, selling, marketing and administration, and amortization expense for the three months ended May 31, 2022 and May 31, 2021 to adjusted research and development, selling, marketing and administration, and amortization expense is reflected in the table below:
Adjusted operating loss, adjusted EBITDA, adjusted operating loss margin percentage and adjusted EBITDA margin percentage for the three months ended May 31, 2022 and May 31, 2021 are reflected in the table below.
______________________________
The Company uses free cash flow (usage) when assessing its sources of liquidity, capital resources, and quality of earnings. The Company believes that free cash flow (usage) is helpful in understanding the Company's capital requirements and provides an additional means to reflect the cash flow trends in the Company's business. Reconciliation of U.S. GAAP net cash used in operating activities for the three months ended May 31, 2022 and May 31, 2021 to free cash usage is reflected in the table below:
Key Metrics
The Company regularly monitors a number of financial and operating metrics, including the following key metrics, in order to measure the Company's current performance and estimated future performance. Readers are cautioned that annual recurring revenue ("ARR"), dollar-based net retention rate ("DBNRR"), QNX royalty revenue backlog, Cybersecurity total contract value ("TCV") billings, and recurring revenue percentage do not have any standardized meaning and are unlikely to be comparable to similarly titled measures reported by other companies.
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SOURCE BlackBerry Limited | https://www.wibw.com/prnewswire/2022/06/23/blackberry-reports-first-quarter-fiscal-year-2023-results/ | 2022-06-23T22:25:47Z |
‘Birtherism’ to the ‘Big Lie’: Inside Obama’s fight to counter disinformation
By Dan Merica and Donie O’Sullivan, CNN
Former President Barack Obama is urgently throwing himself into the fight against disinformation, taking a yearslong private fascination into the open as he makes addressing the issue a key pillar of his post-presidency.
More than a decade after the false and infamous “birther” conspiracy theory was promulgated by his political opponents, including by the then-private citizen Donald Trump, Obama is hoping his personal experience with disinformation and his knowledge of its ramifications can help determine the best way to regulate social media platforms that promulgate disinformation and find ways to address what he calls the “demand for crazy on the internet” that has filled a void as local news outlets have diminished.
Obama’s effort has been sweeping, say the former President’s confidants and outside advisers with experience in the tech industry, with Obama convening meetings and conversations with academics, activists, researchers, tech sector leaders, media executives, former government officials and former regulators. People who have met with the former President describe him as gripped by the issue, showing up to meetings with handwritten notes and questions and often referring to reading he has done on the topic, including reports by the RAND Corporation and the Aspen Institute, and a research study on partisan media by David Broockman and Joshua Kalla.
Eric Schultz, an Obama adviser, said the former President views disinformation as a “through line for all of the challenges we face right now,” including the pandemic, climate change and racial injustice. And for Obama, Schultz added, the “arc of this issue also tracks the arc of his public life” — while social media helped get Obama elected in 2008, the misinformation that spread on different platforms also accelerated during his time in office.
Obama made this focus public on Wednesday when he headlined a conversation on disinformation at a conference sponsored by the University of Chicago’s Institute of Politics and The Atlantic magazine. He will put a finer point on the topic later in the month when he delivers a keynote speech during a conference at Stanford University.
“It is difficult for me to see how we win the contest of ideas if in fact we are not able to agree on a baseline of acts that allow the marketplace of ideas to work,” Obama said Wednesday, lamenting that while attendees had access to all the information they wanted on their phones, there were still large swaths of Americans who believe that the 2020 election was stolen from Trump and that the coronavirus vaccine was not something they needed.
Obama admitted that he “grappled with a lot” during his presidency, including “the degree with which information, disinformation was being weaponized.” But recalling his time in office, he said he and his staff “underestimated the degree to which democracies were as vulnerable to (disinformation) as they were, including ours.” On baseless questions about where he was born, he said, “That wasn’t an example of people being misinformed. There was an agenda behind that promotion of what was clearly a false fact.”
Obama told the audience Wednesday that he could “draw a direct line” from his time on the campaign trail to the proliferation of lies about his place of birth and the falsehood that his signature health care law was establishing “death panels” for older Americans, as 2008 Republican vice presidential nominee Sarah Palin had put it.
“There was what has been called truth decay. There was an erosion of what was considered acceptable to assert in the press, period. That is all pre-social media,” he said. “And then when social media hits, then I think you saw it spread and accelerate. … I think it was actually in my second term that you start to see now just bad information, but you also start to see an acceleration of misinformation.”
“And by 2016, that is when, well, we know what happened,” Obama said, trailing off, acknowledging what everyone in the room knew — the same man who pushed the birther conspiracy theory was elected as his successor.
‘He understands this world’
Obama, now a 60-year-old, gray haired former politician, has fully embraced the technological intricacies of the disinformation issue, according to an outside adviser who has worked in the tech industry, mostly because the former President is “naturally kind of a geek.”
“It’s not as though it’s like this is some new-fangled, whatchamacallit that you will never see on my lawn or whatever,” the adviser told CNN. “He understands this world.”
The adviser said Obama has more time to focus on the issue because “now he has the ability to talk to a range of experts without it being an official function of government,” and so he has convened a range of people to look at the problem.
And that has given him, this person said, not just a better understanding of the way disinformation has personally affected his life and career but also a deep concern that the spread of disinformation will lead to a form of “political nihilism,” where many Americans don’t know what to believe and just check out from politics all together.
“That is the real nemesis and the real environment that disinformation creates and allows autocracy to flourish,” the outside adviser said. “Birtherism is obviously a part of that story, but the stakes have, in some ways, changed so dramatically since then, that it’s become part of the context of democracy itself.”
In retrospect, “birtherism”, or the belief that Obama was not born in Hawaii, was a warning of what was to come, the dark and dystopian route American political discourse was about to take.
“Birtherism” and the “Big Lie” undermining the 2020 election are not at all dissimilar. Both are viral baseless conspiracy theories, with prejudicial undertones, championed by Trump to engage an enthusiastic base and to sow seeds of doubt in the wider population.
The birther conspiracy theory first emerged sometime during the first decade of the century — Obama said it had been pushed as early as his Senate race in Illinois. It’s precise genesis is unclear and disputed.
Come 2011, however, Trump had become a standard-bearer of the birther movement, launching a campaign for Obama to release his long-form birth certificate.
“He doesn’t have a birth certificate. He may have one, but there’s something on that, maybe religion, maybe it says he is a Muslim,” Trump told Fox in 2011.
Obama did have a long-form birth certificate, and the White House released it. Obama later went on to roast Trump at the White House Correspondents’ Association dinner that year.
Lee Foster, an expert in tracking disinformation and senior vice president at Alethea Group, told CNN that the birther conspiracy theory was “merely a precursor to the barrage of falsehoods we find ourselves facing in today’s political environment.”
Foster, who has been involved in exposing foreign disinformation campaigns targeting the United States through social media, said that it is important to remember that this goes beyond the internet.
“Big Tech plays a role in this, but so do our media institutions, our political parties and, frankly, all of us. It requires all of us to tackle,” he said.
Despite Obama’s keen interest, answers about the best way to counter disinformation have proved more elusive.
During his remarks Wednesday, Obama alluded to the need for transparency about social media algorithms that determine what people see in their online feeds and the issue of anonymity on social media sites.
He said also expressed support for toughening regulations on social media companies. He said that while he is not for “entirely eliminating” Section 230, a rule that protects the companies’ ability to moderate content on their site as they see fit, he questioned whether the protections were fair for “paid advertising that is microtargeting certain groups. … That can be really damaging.”
And Obama somewhat mockingly responded to protests from social media companies, who say their algorithms and product design contain proprietary information that can’t be shown to regulators or the public.
“I don’t know exactly how the inspections on meat are done. And if somebody says we have a proprietary technique to keep our meat clean, that’s fine, take it up with the meat inspector,” he said sarcastically. “This notion that we have to preserve this because somehow we have proprietary interests, that is wrong.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/10/birtherism-to-the-big-lie-inside-obamas-fight-to-counter-disinformation/ | 2022-04-10T12:18:20Z |
Which cordless vacuum for pet hair is best?
Your canine companions and feline friends might bring joy to your household, but the amount of fur they leave all over the place doesn’t. Finding the best cordless vacuum for pet hair helps you clean up after them easily so you can spend more time enjoying their company.
If you’re looking for a cordless stick vacuum with powerful suction and a tangle-free brush roll, the Shark Anti-Allergen Pet Power Cordless Stick Vacuum is an excellent choice.
What to know before you buy a cordless vacuum for pet hair
Vacuum type
Most cordless vacuums are stick vacuums, but you can also find a small number of compact upright vacuums that are cordless.
- Stick vacuums: Stick vacuums are lightweight, compact vacuums with the motor and dust cup contained at the top near the handle and the cleaning head at the end of a stick attachment. These vacuums are easy to maneuver, but some clog easily due to the distance between the cleaning head and the dust container.
- Upright vacuums: Cordless upright vacuums are more compact than full-size uprights, so they perform similarly to stick vacuums. However, the lower center of gravity means you can leave them standing up without falling over and some users find them easier to push around. The downside is you’ll have far fewer choices if you want a cordless upright vacuum.
Battery life
When choosing a cordless vacuum cleaner, its battery life is hugely important. If it’s too short to clean your whole home, you’ll have to stop and charge it partway through cleaning or buy a spare battery. Basics models have run times as low as 20-30 minutes while high-end versions can last 50-60 minutes between charges.
However, the listed battery lives are under the best possible conditions. If you use boost mode or powered attachments, you can expect a shorter run time.
Hand vacuum mode
You can use most cordless stick vacuums in hand vacuum mode. This involves removing the stick and attaching the cleaning head or other cleaning tool directly to the body. This is great for cleaning upholstery and other small spot cleaning tasks. Some users also find it easier to clean stairs in this mode.
What to look for in a quality cordless vacuum for pet hair
Antitangle brush roll
Cordless pet vacuums sometimes have antitangle brush rolls that are specially designed so long pet hair doesn’t get wrapped around them.
Motorized attachments
Vacuums designed for tackling pet hair may come with a motorized pet tool. This boosts the cleaning power, more easily getting pet hair off soft furnishings and out of carpets and rugs.
Filter
A quality filtration system does a better job of trapping pet dander, which can lead to allergies. HEPA filters are especially good at this, so this is a good type of filter to look for if a household member or frequent guest has pet allergies.
How much you can expect to spend on a cordless vacuum for pet hair
Expect to pay at least $150-$200 for a vacuum powerful enough to tackle pet hair, but the best results come from high-end options priced at $350-$600.
Cordless vacuum for pet hair FAQ
Are pet vacuums worth it?
A. Pet vacuums are specially designed to deal with pet hair, along with the extra mess pets cause with their dirty paws. Although some vacuums not explicitly listed as pet vacuums are powerful enough to clean up after pets, this type of vacuum is usually the best option for the job. You can expect features that make your life easier, such as pet tools for upholstery, plus a vacuum that won’t get easily clogged by pet hair or break down due to it.
How often should you vacuum if you have pets?
A. There’s no set rule about how often you should vacuum when you have pets. It depends largely on your opinion about how clean you should keep your floor and the type and number of pets you have. After all, one short-haired Chihuahua is going to shed significantly less than three golden retrievers.
However often you choose to vacuum, cordless vacuum cleaners make vacuuming less of a hassle since they’re light and there’s no cord to unfurl and wind back up.
What’s the best cordless vacuum for pet hair to buy?
Top cordless vacuum for pet hair
Shark Anti-Allergen Pet Power Cordless Stick Vacuum
What you need to know: This powerful vacuum is perfect for households with long-haired pets and people.
What you’ll love: The antitangle brush roll keeps long hair from wrapping around it. It has powerful suction and a maximum battery life of 40 or 50 minutes, depending on which version you choose. It has HEPA filtration and an anti-allergen seal.
What you should consider: There is no onboard storage for tools and attachments.
Where to buy: Sold by Amazon
Top cordless vacuum for pet hair for the money
Bissell PowerGlide Pet Cordless Stick Vacuum
What you need to know: Light and maneuverable, this stick vacuum is surprisingly powerful.
What you’ll love: The three-in-one pet hair upholstery tool is excellent at getting hair off soft furnishings. The main brush roll has an antitangle design so hair won’t wrap around it.
What you should consider: The battery runs for up to 30 minutes, which some buyers find inadequate.
Where to buy: Sold by Amazon
Worth checking out
LG CordZero Cordless Stick Vacuum Cleaner
What you need to know: With two batteries included, you get a maximum battery life of 80 minutes, which is great for large homes.
What you’ll love: Thanks to its excellent suction power, it makes light work of pet hair and other pet-related dirt. The “power punch” attachment is great for pet hair and dander on soft furnishings. It has a convenient charging dock.
What you should consider: The dust container is relatively small and needs regular emptying.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/vacuums-br/best-cordless-vacuum-for-pet-hair/ | 2022-05-13T11:48:56Z |
FIRST STEP INTO METAVERSE
HONG KONG, Aug. 16, 2022 /PRNewswire/ -- Kingdomverse has arrived with its first offering, the mobile game Defend The Kingdom, which will be offered to the Monkey Kingdom community as a closed Alpha before its full launch.
Kingdomverse is the first metaverse to bridge the metaverse with casual mobile games, a complete ecosystem that offers fun, dynamic games within a 3D virtual world. Players can experience the interactive and immersive metaverse while having the opportunity to engage in a variety of different games and enjoy play-to-earn opportunities.
At its core, Kingdomverse is a strategy game. Within Kingdomverse, players can create and own their individual Kingdoms. Serving as players' homebases, players develop and customize their own realms to battle against other players and earn more rewards. Each individual Kingdom becomes a community unto itself, with other players invited to join a Kingdom of their choice by staking NFTs and becoming a citizen, while helping to develop and battle against other communities. Together, these communities within each Kingdom can play casual mobile games together as well, to unlock in-game assets such as new buildings, armor and items that will give their Kingdom the edge over their rivals.
Defend The Kingdom will be a casual tower defense game. Players will assemble a team of 5 heroes of "Legends" and battle against enemies in two modes, player versus player (PvP) or play with their friends in Co-op mode. Monkey Legend holders can win exclusive prizes and rewards that include upgrades to their NFTs. Furthermore, the closed beta will serve as a trial run in lieu of the full launch later this year, which will include play to earn opportunities in the form of a dual token system.
With the closed alpha launching, step into the world of mobile gaming with the launch of "Defend The Kingdom" mobile tower defense game. Rewards and prizes for top ranked players await, as the Monkey Legend NFT collection comes alive on screen. Closed alpha launch will be up to win exciting prizes and rewards depending on their rank and progress throughout the week. These rewards include limited edition cosmetic upgrades to NFTs, physical items and official collectibles.
For more information, please visit the following websites and social media channels:
Website: https://www.thekingdom.com
Twitter: https://twitter.com/Kingdomverse_
Instagram: https://www.instagram.com/kingdomverse_/
Discord: https://discord.gg/monkeykingdom
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SOURCE Monkey Kingdom | https://www.wibw.com/prnewswire/2022/08/16/kingdomverse-launches-first-closed-alpha-mobile-game/ | 2022-08-16T19:23:06Z |
DETROIT, July 26, 2022 /PRNewswire/ -- The Barbara Ann Karmanos Cancer Hospital (Karmanos) welcomes Brian Gamble into a new role as President. He began his new role Monday, July 4, 2022.
As Chief Financial Officer at Karmanos since 2015, Gamble worked closely with Gerold Bepler, M.D., Ph.D., president and chief executive officer of Karmanos, Justin Klamerus, M.D., MMM, his predecessor who recently accepted the executive vice president and chief medical officer role at McLaren Health Care, and David Mazurkiewicz, executive vice president and chief financial officer at McLaren. Gamble led the accounting and finance activities at Karmanos as the CFO and he has been an active participant in strategic planning, joint ventures and growth into new markets.
"Brian will do an outstanding job leading the only free-standing cancer hospital in the state," said Chad Grant, executive vice president and chief operating officer at McLaren Health Care. "We are fortunate that we have had Brian serve in the lead financial position, ensuring that Karmanos operates efficiently and provides the best care to our cancer patients. He has proven to be a results-orientated executive.
"This is an ideal time for Brian to step into his new role as President, as Karmanos has made wonderful strides in cancer research and care, including treatment access. Brian has been instrumental in achieving these milestones for the organization, and we know he'll be just as valuable in future efforts. With decades of experience in health care finance and operations and the accomplishments that Brian has made over the last seven years, we are confident in his abilities to continue leading Karmanos forward as our team works toward a world free of cancer."
As an executive at Karmanos, Gamble has provided strategic counsel on financial plans, revenue forecasts and expenses in the complex world of healthcare finance. Recently, Gamble provided financial stewardship during the multi-phase expansion of Karmanos' Lawrence and Idell Weisberg Cancer Center in Farmington Hills. He also helped guide the growth of cancer services throughout the Karmanos Cancer Network and was a key contributor to the organization entering the Ohio market and opening Karmanos Cancer Institute at The Toledo Clinic Cancer Center in Maumee.
"As I step into this new leadership role at Karmanos, I am focused on continuing the work that Dr. Klamerus and our colleagues have already begun," Brian Gamble said. "Over the last seven years, I have been part of the continued growth of Karmanos, from new therapies and treatments, clinic expansions, the purchase of leading-edge treatment equipment, development of KSP, the Karmanos Specialty Pharmacy, and continued investment in our staff. I look forward to working with our team members to expand access for our patients and to introduce new therapies and treatments as we strive to cure cancer. It is a privilege to work alongside our dedicated clinical and administrative staff who have provided the best cancer care to our patients."
Gamble has over 30 years of business experience in treasury operations, investment management, debt management, financial analysis and mergers and acquisitions. Before joining Karmanos in 2015, he most recently served as vice president of finance and assistant treasurer at Henry Ford Health System and CFO at Henry Ford West Bloomfield Hospital.
Karmanos Cancer Institute is a leader in transformative cancer care, research and education through courage, commitment and compassion. The Karmanos vision is a world free of cancer. As part of McLaren Health Care, Karmanos is the largest provider of cancer care and research in Michigan. For more than 75 years, the administrative and research headquarters, along with the premier specialty cancer hospital, have been located in downtown Detroit. With 16 network sites, Karmanos delivers world-renowned care and access to clinical trials throughout Michigan and northern Ohio. The National Cancer Institute recognizes Karmanos as one of the best cancer centers in the nation with a comprehensive cancer center designation. Its academic partnership with the Wayne State University School of Medicine provides the framework for cancer research and education – defining new standards of care and improving survivorship. For more information, call 1-800-KARMANOS (800-527-6266) or visit www.karmanos.org. Follow Karmanos on Facebook, Twitter, LinkedIn and YouTube.
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SOURCE Karmanos Cancer Institute | https://www.wibw.com/prnewswire/2022/07/26/brian-gamble-named-president-barbara-ann-karmanos-cancer-hospital/ | 2022-07-26T19:44:58Z |
For years, pediatricians have followed flawed guidelines linking race to risks for urinary infections and newborn jaundice. In a new policy announced Monday, the American Academy of Pediatrics said it is putting all its guidance under the microscope to eliminate “race-based” medicine and resulting health disparities.
A re-examination of AAP treatment recommendations that began before George Floyd’s 2020 death and intensified after it has doctors concerned that Black youngsters have been undertreated and overlooked, said Dr. Joseph Wright, lead author of the new policy and chief health equity officer at the University of Maryland’s medical system.
The influential academy has begun purging outdated advice. It is committing to scrutinizing its “entire catalog,” including guidelines, educational materials, textbooks and newsletter articles, Wright said.
“We are really being much more rigorous about the ways in which we assess risk for disease and health outcomes,” Wright said. “We do have to hold ourselves accountable in that way. It’s going to require a heavy lift.”
Dr. Brittani James, a family medicine doctor and medical director for a Chicago health center, said the academy is making a pivotal move.
“What makes this so monumental is the fact that this is a medical institution and it’s not just words. They’re acting,” James said.
In recent years, other major doctor groups including the American Medical Association have made similar pledges. They are spurred in part by civil rights and social justice movements, but also by science showing the strong roles that social conditions, genetics and other biological factors play in determining health.
Last year, the academy retired a guideline calculation based on the unproven idea that Black children faced lower risks than white kids for urinary infections. A review had shown that the strongest risk factors were prior urinary infections and fevers lasting more than 48 hours, not race, Wright said.
A revision to its newborn jaundice guidance — which currently suggests certain races have higher and lower risks — is planned for this summer, Wright said.
Dr. Nia Heard-Garris, head of an academy group on minority health and equity and a pediatrician at Chicago’s Lurie Children’s Hospital, noted that the new policy includes a brief history “of how some of our frequently used clinical aids have come to be — via pseudoscience and racism.”
Whatever the intent, these aids have harmed patients, she said.
“This violates our oath as physicians — to do no harm — and as such should not be used,″ Heard-Garris said.
Dr. Valencia Walker, a specialist in newborn care and health equity at Nationwide Children’s Hospital in Columbus, Ohio, called the new policy “a critical step” toward reducing racial health disparities.
The academy is urging other medical institutions and specialty groups to take a similar approach in working to eliminate racism in medicine.
“We can’t just plug up one leak in a pipe full of holes and expect it to be remedied,” said Heard-Garris. “This statement shines a light for pediatricians and other healthcare providers to find and patch those holes.”
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Follow AP Medical Writer Lindsey Tanner at @LindseyTanner.
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
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This story has been corrected to show Dr. Walker’s first name is Valencia, not Valerie. | https://cw33.com/health/ap-health/us-pediatricians-group-moves-to-abandon-race-based-guidance/ | 2022-05-02T20:38:15Z |
DALLAS (KDAF) — The Dallas Symphony Orchestra and EarthX are partnering for a multidisciplinary environment performance that will call attention to the Earth’s vulnerability brought on by climate change.
The performance is called The Way of the Rain – Hope for Earth and it was created for orchestra, chorus, film, art and spoken word.
“I knew that the Dallas Symphony needed to be part of this project from the moment that Trammell approached me,” Kim Noltemy, Ross Perot President & CEO of the Dallas Symphony Orchestra, said in a press release. “The marrying of all these disciplines to tell the story of our Earth resonated with me, and I know it will resonate with audiences.”
This performance will be presented at the Morton H. Meyerson Symphony Center on Saturday, Oct. 22, at 7 p.m. Ticket prices range from $45 to $250.
“Inspired by the annual monsoon rains that sustain life on the fragile landscape of the high – desert plateaus of the Southwest, The Way of the Rain – Hope for Earth tells the artistic story about the formation of the Universe, the evolution of all galaxies, and eventually the birth of our unique and beautiful Planet Earth,” as stated on DSO’s website.
For more information, visit dallassymphony.org. | https://cw33.com/news/local/dallas-symphony-orchestra-earth-x-partner-for-environmental-performance-the-wy-of-the-rain-hope-for-earth/ | 2022-06-29T19:30:10Z |
DETROIT , Aug. 5, 2022 /PRNewswire/ -- The Little Caesars Love Kitchen, a big rig pizza kitchen on wheels, is partnering with the Special Olympics Unified Cup Detroit 2022 to provide fresh pizza meals to approximately 800 of its athletes, volunteers, and staff. The serving will take place during the Men's & Women's Division One Championship Match at Keyworth Stadium in Hamtramck, Michigan.
"Little Caesars is proud to help support the Special Olympics," said Greg Hamilton, senior vice president of marketing at Little Caesars. "The Unified Cup is such an exciting event, and we're excited to serve Little Caesars pizza to athletes from all over the world competing in the championship finals."
The Little Caesars Love Kitchen has served nearly 4 million people in the 48 contiguous states and four Canadian provinces. It has responded to natural disasters including the northern Michigan tornado in May 2022, as well as during national times of need, such as providing meals to first responders during the COVID-19 pandemic. Established by Little Caesars in 1985, the Love Kitchen exemplifies Little Caesars strong tradition of giving back to the community.
"Little Caesars is always looking for a way to make a difference," said David Scrivano, president and CEO of Little Caesars. "Whether the Love Kitchen is serving the less fortunate, responding to a disaster, or celebrating the global community of athletes competing in the Unified Cup, we are committed to continuously building on our legacy of serving others and supporting our communities.
Local Little Caesars franchise owners and company regional offices donate all food and labor costs for the Love Kitchen servings. An estimated 50,000 Little Caesars franchise owners and employees have volunteered their time over the years to support the program in their local communities.
Headquartered in Detroit, Michigan, Little Caesars was founded by Mike and Marian Ilitch in 1959 as a single, family-owned restaurant. Today, Little Caesars is the third largest pizza chain in the world, with stores in each of the 50 U.S. states and 27 countries and territories.
Known for its HOT-N-READY® pizza and famed Crazy Bread®, Little Caesars products are made with quality ingredients, like fresh, never frozen, mozzarella and Muenster cheese and sauce made from fresh-packed, vine-ripened California crushed tomatoes. Little Caesars is known for unique product offerings and promotions such as the Pretzel Crust pizza, Detroit-Style Deep Dish pizza, and the Crazy Calzony®. Additionally, the chain now offers 33 percent more pepperoni on its Classic pizza.
An exceptionally high growth company with more than 60 years of experience in the $145 billion worldwide pizza industry, Little Caesars is continually looking for franchisee candidates to join our team in markets around the world. In addition to providing the opportunity for entrepreneurial independence in a franchise system, Little Caesars offers strong brand awareness with one of the most recognized and appealing characters in the country, Little Caesar.
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SOURCE Little Caesars Pizza | https://www.wibw.com/prnewswire/2022/08/05/little-caesars-love-kitchen-serves-free-pizza-special-olympics-unified-cup-detroit-2022-athletes/ | 2022-08-05T15:15:27Z |
PITTSBURGH, April 18, 2022 /PRNewswire/ -- "We wanted to create a product that would speed up the toilet installation process," said one of two inventors, from Cincinnati, Ohio, "so we invented the PLUMBERS DREAM. Our design could increase efficiency and productivity for plumbers."
The patent-pending invention facilitates the task of installing a toilet. In doing so, it offers an improved alternative to traditional installation methods. As a result, it saves time and effort and it eliminates the replacement of toilet rings and cut-off screws. The invention features a simple and durable design that is easy to use so it is ideal for plumbers and do-it-yourselfers.
The original design was submitted to the Cincinnati sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CCT-4617, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/04/18/inventhelp-inventors-develop-improved-product-toilet-installations-cct-4617/ | 2022-04-18T18:46:29Z |
McPherson Police arrest daycare provider
WICHITA, Kan. (KWCH) - The McPherson Police Department arrested a daycare provider, 47-year-old Tracy Barr, for suspicion of Aggravated Endangering a Child and Driving Under the Influence. State records show Barr owns the Golden Explorers facility in McPherson.
On Wednesday at 10:48 am, McPherson Police Officers responded to the 100 Block of South Park Street in McPherson, to a call of young children and a dog being unsupervised in someone’s backyard near a pool. When officers arrived, they found four children between the ages of 2 and 5 years old in the area. Officers determined the children had left a daycare in the 700 Block of East Kansas Avenue and walked to this area.
Officers contacted Barr and another child in the 700 Block of East Kansas Avenue. Officers took the children into protective custody and later released them to their parents or guardians. Officers arrested Barr for Aggravated Endangering a Child and Driving Under the Influence. Barr was booked into the McPherson County Jail and her bond was set at $13,750.00. The McPherson Police Department has referred this incident to the Department of Children and Families and the McPherson County Attorney’s Office.
Copyright 2022 KWCH. All rights reserved. | https://www.wibw.com/2022/06/30/mcpherson-police-arrest-daycare-provider/ | 2022-06-30T20:06:09Z |
Wyoming charter school application now available
CHEYENNE, Wyo. (KIFI) - The Wyoming legislature amended the Charter School statutes to allow for an alternative path for approval of charter schools (W.S. 21-3-301 through W.S. 21-3-314). This change allows for charter schools to apply to either the local district or the State Loan and Investment Board (SLIB) and will take effect July 1, 2022.
The Wyoming Department of Education (WDE) revised the Chapter 32 Charter School Rules to reflect these changes. Public comment was open and received between February 18 and April 18. Additionally, a public hearing was held on April 14, 2022. Currently the rules are awaiting approval from Governor Mark Gordon’s Office.
Additionally, the WDE has revised the charter school application. For charter school applications submitted in 2022, the applications may be submitted between July 15 and August 15 or 30 days after these rules become effective, whichever is later. A copy of the application can be found here. | https://localnews8.com/news/education/2022/05/02/wyoming-charter-school-application-now-available/ | 2022-05-02T20:48:07Z |
‘Dirty Dancing’ returning to theaters for 35th anniversary
(Gray News) - An iconic film is returning this summer to the big screen to celebrate its 35th anniversary.
Fathom Events, an entertainment content provider for movie theaters, shared that “Dirty Dancing” will appear in theaters on Aug. 14 and Aug. 17.
The content provider is hosting the movie showings and shared the following on the film being celebrated 35 years after its original release:
“Thirty-five years after audiences were first introduced to Johnny (Patrick Swayze) and Baby (Jennifer Grey), Dirty Dancing remains a cultural icon. Loved by generations of fans, this cinematic treasure has inspired multiple films, a stage version, and reality dance competitions watched around the world. On the film’s 35th anniversary, celebrate the magic of Dirty Dancing and its timeless themes of love, family, class, and perseverance all over again.”
Moviegoers can find more information and movie times for “Dirty Dancing” here.
According to IMDb, the 1987 movie has grossed nearly $215 million worldwide.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/14/dirty-dancing-returning-theaters-35th-anniversary/ | 2022-07-14T22:07:25Z |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- 5WPR, one of the largest independently-owned PR firms in the U.S., announces the expansion of its specialty private equity and venture capital divisions. Announced in early 2022, these specialty divisions are well-equipped to help VC and PE firms drive their corporate, financial and executive media relations strategies, while also providing ongoing support to their portfolio companies.
5WPR counsels its clients on communicating to various audiences including investors, shareholders, regulators and the general public. 5WPR's Financial and Investor Relations PR division was named the eighth largest in the U.S. by O'Dwyers, a leading public relations industry publication.
"5W's leadership knows how to navigate this ever-changing landscape, proving essential for financial service clients seeking to establish communications and further build out their brands with stakeholders," said 5WPR CEO, Matthew Caiola. "These financial clients possess global impact meaning it's crucial our team possesses deep technical knowledge of industry practices."
From activist investing and proxy fights to capital markets, consumer finance, insurance, and banking, 5WPR delivers results in financial public relations with a combination of market intelligence, strategic messaging, and timing. PR services offered to financial services and fintech clients include activist investor campaigns, investor relations, proxy solicitation, regulatory support, shareholder communications, and consumer finance. From activist investing and proxy fights to capital markets, consumer finance, insurance, and banking, 5WPR delivers results in financial public relations with a combination of market intelligence, strategic messaging, and timing. PR services offered to financial services and fintech clients include activist investor campaigns, investor relations, proxy solicitation, regulatory support, shareholder communications, and consumer finance.
About 5WPR
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 275 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). 5W was named to Inc. Magazine's Best Workplaces 2022 list, awarded 2020 PR Agency of The Year, and brings leading businesses a resourceful, bold and results-driven approach to communication. Chairman Ronn Torossian was named 2020 Entrepreneur of the Year by the American Business Awards.
Media Contact
Matthew Caiola
mcaiola@5wpr.com / 212.999.5585
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SOURCE 5W Public Relations | https://www.mysuncoast.com/prnewswire/2022/08/04/5wpr-announces-continued-expansion-specialty-private-equity-venture-capital-division-offerings/ | 2022-08-04T16:31:16Z |
The Indigenous-led initiative will build the capacity of the Tribe to diminish energy poverty and restore self-determination with regenerative clean energy workforce and economic development programs.
Project includes one large array in Busby to be shaped in the Morning Star pattern; three smaller systems will power Busby High School, the Head Start facility, and the water pumping station; and 15 residential solar projects will be built for Tribal elders.
LAME DEER, Mont., May 19, 2022 /PRNewswire/ -- Indigenized Energy Initiative (IEI), the Native-led non-profit that aims to empower Native American communities with the skills and resources to deploy the clean and regenerative power of solar, announced it has been selected by the Northern Cheyenne Tribe to develop the White River Community Solar Project. The project will include residential, small commercial, and a 1MW utility-scale system for a total of 1.25 megawatts (MW) of solar photovoltaic systems across the Northern Cheyenne reservation in Montana. The U.S. Department of Energy (DOE) is providing $3.2 million in funding for the project and requires the Tribe to contribute 20% in matching funds. IEI is taking the lead in securing the matching funds by June of 2022 by seeking project sponsors and donors for this important project.
Located in the heart of the coal development region of Eastern Montana, the Northern Cheyenne Tribe has remained steadfast in their resistance to fossil fuels. In 2016, The Northern Cheyenne Tribal Council passed a resolution to pursue renewable energy. Today, the White River Community Solar Project represents the first step the Tribe is taking to generate all of its own energy from renewables while also creating jobs and driving economic development.
"Solar energy offers us a chance to regain our independence and stop reliance on fossil fuels," said Kyle Alderman, renewable energy manager for the Northern Cheyenne Tribe. "We're excited to work with IEI, a Native-led initiative committed to energy sovereignty and to honoring the social, economic, spiritual, and environmental concerns of Indigenous Americans."
Project Details
IEI's systems-based methodology weaves expertise in policy, economic development, workforce development, solar technology, and system operations to build the capacity of Tribes to become energy independent. IEI will partner with Red Cloud Renewable, a Lakota Sioux-based sustainability education and training organization, to design and deliver specialized training programs for Tribal members, which will equip them with the job skills to build these projects.
Three types of solar projects will be built as part of the White River project, including: one large array in Busby that will be shaped in the pattern of the Morning Star; three smaller systems will be built to offset electricity used at the Busby High School, a Head Start facility, and a water pumping station; and 15 residential solar systems, which will benefit Tribal elders.
"Part of the White River Community Solar Project plan includes building residential solar systems at the homes of Tribal elders – each carefully selected by the Tribe as deserving and in need," explained Otto Braided Hair, Jr., co-founder of IEI. "This will reduce energy costs for our Tribal elders and some of the systems will include batteries that provide emergency power to homes where elders are dependent on medical equipment that requires electricity."
Project Funding – Matching Funds Challenge
The U.S. Department of Energy is providing $3.2 million in funds for the project and requires the Tribe to contribute 20% in matching funds. IEI is taking the lead in securing the matching funds by June of 2022.
"The White River Community Solar Project is a major focus of IEI's fundraising efforts this year," said Cody Two Bears, co-founder of IEI.
IEI and the Northern Cheyenne Tribe are seeking project sponsors and donors to help secure the matching funds needed for this important project, which demonstrates that it is possible for Tribes to take back their power and sovereignty. Visit White River Community Solar Project to learn how you can give. Watch the White River Community Solar Project Challenge video here.
About Indigenized Energy Initiative
Indigenized Energy Initiative (IEI) is a Native-led non-profit that empowers Native American tribes to pursue a self-determined path towards energy independence and sovereignty. Formed in response to the inspiring leadership of Native communities in resisting fossil fuel development and in pursuit of clean regenerative energy systems, IEI is supporting a growing number of tribes in the development of long-term energy plans and projects that will maximize economic impact through job creation, energy savings, and resiliency. Building trust with tribes is a vital aspect of IEI's approach. With a deep respect for the wisdom and values held by Native communities, IEI works side by side with tribes on their path to energy independence. Led by a diverse team of Native change-makers and energy leaders that draws from decades of experience in energy, education and workforce development, IEI receives support from a growing list of partners including John D. and Catherine T. MacArthur Foundation; and founding donors, the Pazala Foundation. IEI is a project of Earth Island Institute. Visit www.indigenized.energy to learn more.
All product and service names mentioned herein are the trademarks of their respective owners.
Contact: Kathleen Van Gorden, kathleenv@kvgcom.com
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SOURCE Indigenized Energy Initiative | https://www.mysuncoast.com/prnewswire/2022/05/19/northern-cheyenne-tribe-selects-indigenized-energy-initiative-guide-tribe-development-41m-solar-initiative-reservation/ | 2022-05-19T18:39:27Z |
Filipinos living abroad are snapping up books about the late Philippine dictator Ferdinand E. Marcos, not just to read about history but to preserve it.
The rush to buy books documenting Marcos' destructive 21-year reign comes as his son, Ferdinand "Bongbong" Marcos Jr., assumes office after a landslide election victory in May.
Marcos Jr. has never publicly acknowledged or apologized for the human rights abuses, corruption and theft that historians say took place under his father's leadership.
And there are fears that now he is in power, he will try to rewrite history.
Journalist Raissa Robles, the author of "Marcos Martial Law: Never Again," said after Marcos Jr.'s win she received emails from readers all over the world with requests to reprint the detailed dive on the victims of martial law.
"The book price had nearly doubled and yet the people were buying the book by batches. They weren't just buying one or two. They were buying five or 10 at a time," Robles said.
The main cause for concern came from the president himself.
Back in 2020, when Marcos Jr. was preparing to run for president, he made clear a desire to revise textbooks that documented his parent's corrupt and brutal regime.
"We have been calling for that for years," Marco Jr. said in a forum hosted by the National Press Club, as he accused those in power since his father's demise of "teaching children lies."
Human rights groups say during the Marcos regime from 1965 to 1986 tens of thousands of people were imprisoned, tortured or killed for perceived or real criticism of the government. Marcos Sr., who died in exile in 1989, and his wife, Imelda, 93, were also found guilty of widespread corruption including stealing an estimated $10 billion of public money.
The family has repeatedly denied using state funds for their personal use -- a claim challenged in multiple court cases.
CNN reached out to the new Marcos government for comment but has not received a response.
Demand surges for books on the Marcos regime
Marcos Jr. has previously asked "the world" to judge him by his actions, not by his family's past. But during his inauguration speech on June 30, he praised his father, the late dictator, saying he had achieved much more than previous administrations since gaining independence in 1946.
"He got it done. Sometimes with needed support, sometimes without. So will it be with his son -- you will get no excuses from me," he said.
During his speech, he also touched on the issue of revising learning materials in schools, but said he wasn't talking about history.
"What we teach in our schools, the materials used, must be retaught. I am not talking about history, I am talking about the basics, the sciences, sharpening theoretical aptitude and imparting vocational skills," he said.
But those assurances ring hollow for people who suffered under his father's dictatorship, and others who are skeptical of the new Marcos leadership.
One indication of that is through book sales.
Almira Manduriao, head of marketing at the Ateneo de Manila University's publishing press, said the rush for Philippine history books began soon after Marcos Jr. won the May 9 election.
"People were suddenly fearful that literature critical of the dictatorship would be banned," Manduriao said. "Hence, the need to buy and safeguard the books (when) they still can."
At least 10 titles covering martial law and the dark past of the Marcos dictatorship remain sold out at the university press, according to Manduriao.
Some of the bestsellers at the campus bookshop were in reprint -- namely "Some Are Smarter than Others: The History of Marcos' Crony Capitalism" by Ricardo Manapat, "The Conjugal Dictatorship of Ferdinand and Imelda Marcos" by Primitivo Mijares and "Canal de la Reina" by Liwayway Arceo Bautista.
On May 11, Adarna House, a publishing house founded by Philippine artist Virgilo Almario, offered a 20% discount on a #NeverAgain Bundle of five book titles about the Marcos regime.
In the days that followed, sales went through the roof and the pre-order waitlist grew, and the company announced it might take as much as eight weeks for orders to be delivered.
The offer was a hit with customers, but it also attracted the attention of the government.
Alex Paul Monteagudo, director general of the National Intelligence Coordinating Agency, accused Adarna House of "radicalizing Filipino children."
"The Adarna Publishing House published these books and they are now on sale to subtly radicalize the Filipino children against our government, now!" he wrote on his official Facebook page on May 17.
Monteagudo said in the post that when topics such as martial law and the People Power revolution -- a nationwide uprising that overthrew the Marcos regime in 1986 -- are taught in schools, it will "plant seeds of hatred and dissent in the minds of these children."
Adarna House declined CNN's request for comment on the claims.
One of Adarna's customers, Vanessa Louie Cabacungan-Samaniego, who lives and works in Hong Kong, put in a group order for around a dozen Filipinos in the city for books on the Marcos dictatorship.
She told CNN she worries the election will allow the Marcos political clan to "work to clear their name and revise history books or target the media."
"Buying books to educate ourselves and the next generation is just our small way to fight against injustices," she said, when the first batch of orders was delivered in June.
Preserving the truth
In recent years, politicians and government officials have demonized publishers and journalists, denouncing their credibility on social media and in public statements.
The day before Marcos Jr. took office, Nobel laureate Maria Ressa said the government had ordered her news organization, Rappler, to shut down.
She said she'd been repeatedly harassed over the past six years and targeted by legal action over alleged libel, tax evasion and violation of foreign media ownership rules.
"This is intimidation. These are political tactics. We refuse to succumb to them," she said.
Michael Pante, a history professor at the Ateneo de Manila University, said he feared Marcos Jr. would continue former President Rodrigo Duterte's campaign to delegitimize the work of historians, academics and journalists -- and potentially move to rewrite history books.
Reporters Without Borders said that since Duterte's election in 2016, media have been subjected to verbal and judicial intimidation for work deemed overly critical of the government.
"The demonization of historians, academics (and journalists) will continue," Pante said. "And the dismissive attitude (toward them) will be enough to generate fear of speaking up and getting arrested or censored.
Filipino archivist Carmelo Crisanto, who leads the Human Rights Violations Victims' Memorial Commission, is racing to digitize case files and testimonies of 11,103 survivors of the dictatorship, in time for the 50th anniversary of the declaration of martial law in September.
He fears that if the stories of martial law survivors are forgotten, people will be once again susceptible to political violence.
His team of about 30 people plus 1,500 university student volunteers -- most of them are half his age and have not lived through martial law themselves -- was chosen to protect the truth for the next generation.
"I want to have part of this digital archive available to the public, in a way that (can be) easily accessible, to be sent to colleges here in the country and also some partner institutions abroad, so that the memory and evidence will never be lost," he said.
"If there's one lesson state authorities learned from the martial law period, it's that no one (has to) go to jail, even if they commit gross human rights violations," he said.
Robles, the author, said people had told her they wanted to give copies of her books to relatives, while others wanted to stash away a supply in case the new government bans reprints.
"They said they want to hide it so that after the Marcos presidency, then they can bring it out and keep the memory alive," she said.
Robles said she is determined to keep writing and critiquing the nation's political landscape, despite fears of censorship -- but she admits, "I'm not just afraid of censorship, I'm afraid of being arrested."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/filipinos-are-buying-books-to-preserve-the-truth-about-the-marcos-regime/article_ffe2296f-0a45-5623-956a-02a2666dcdc4.html | 2022-07-17T01:27:18Z |
MARLBOROUGH, Mass., June 29, 2022 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) will webcast its conference call discussing financial results and business highlights for the second quarter ending June 30, 2022 on Wednesday, July 27, 2022 at 8:00 a.m. EDT. The call will be hosted by Mike Mahoney, chairman and chief executive officer, and Dan Brennan, executive vice president and chief financial officer. The company will issue a news release announcing financial results for the second quarter on July 27 prior to the conference call.
A live webcast and replay of the webcast will be accessible at investors.bostonscientific.com. The replay will be available approximately one hour following the completion of the event.
Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. As a global medical technology leader for more than 40 years, we advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare. For more information, visit www.bostonscientific.com and connect on Twitter and Facebook.
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SOURCE Boston Scientific Corporation | https://www.kxii.com/prnewswire/2022/06/29/boston-scientific-announces-conference-call-discussing-second-quarter-2022-results/ | 2022-06-29T13:50:07Z |
As May 24 Republican Primary approaches, it becomes so important to elect someone who puts Georgia first. That’s why I’m voting for Jeremy Hunt.
As a lifelong resident of southwest Georgia, I know the importance of family and community. I’ve raised my children and grandchildren in southwest Georgia and know that sound family values are vital for our community. Jeremy Hunt does, too. When he and his wife were blessed with a little girl, he promised to never surrender his daughter’s future to those that are pushing un-American ideals. What’s more, he yields to no one in his defense of the sanctity of human life and will fight for the unborn while partnering with churches and nonprofits to promote adoption, foster care, and crisis pregnancy centers.
Jeremy also knows the struggles facing our community.
As a Georgia native, he’s earned support from the same local business owners and elected officials that I know and trust and understands the Christian idea of service that runs deep in our community. As a kid, Jeremy’s childhood home was never empty: Those in need were always invited for a warm meal and a place to stay during tough times. He knows what it means to be a servant of God.
As our country navigates the chaos of the last two years, we need someone more than ever who will fight for our families and our community. Jeremy honorably served our country in the Army as I know he will do in Congress.
Stacker looks back at 30 iconic moments in sports that defined the 1960s. These include college basketball dynasties from the state of California, historic home runs that set records and won the World Series, and ingenious high jumpers who changed the way track-and-field sports were performed. Click for more.
Keep it Clean. Please avoid obscene, vulgar, lewd,
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person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
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accounts, the history behind an article. | https://www.albanyherald.com/opinion/letter-to-the-editor-jeremy-hunt-understands-southwest-georgia-values/article_e1c62d2a-d136-11ec-8c93-bff90aef203c.html | 2022-05-11T23:24:06Z |
The Palm Beach County Sheriff's Office has identified human remains that were found nearly 50 years ago with the help of genealogy testing.
During a news conference Thursday, Detective Bill Springer announced that the remains found in June of 1974 belong to 15-year-old Susan Gale Poole who went missing in Broward County just before Christmas in 1972.
Poole's remains were identified following genealogy testing by Othram Labs, a private forensic laboratory that utilizes genome sequencing to build DNA profiles, according to Springer.
Late last year, Othram Labs contacted the Palm Beach County Sheriff's Office about performing genealogy testing on cold cases.
"It was decided by the sheriff's office and my supervisors that we would send up the unknown remains of the girl from 1974," Springer said. "Thanks to Othram, they were able to identify her and build a profile."
Scientists used that DNA profile to identify Poole's mother and siblings. Poole's mother is still alive and in her 90s.
Poole was born on February 12, 1957. At the time of her disappearance, Poole lived with her family at a Fort Lauderdale trailer park, according to the PBSO. Poole was also staying at a friend's apartment in Wilton Manors at the time.
Springer says Poole's skeletal remains were found tied up in the mangroves of an area formerly known as "Burnt Bridges" along A1A in Palm Beach County.
Detectives believe Poole may be a victim of Gerard Schaefer who was convicted in 1973 of two counts of murder in the first degree following the deaths of two Florida teens.
At the time of Poole's disappearance, Schaefer was an officer for the Wilton Manors Police Department, Springer says. Schaefer was also employed by the Martin County Sheriff's Office for less than a month in 1972, according to department records.
"Back in 1974, (police) did a search warrant on his house in Broward County," Springer said. "They obtained driver's licenses, jewelry, and other items belonging to various victims."
Springer says he is now working with the Broward County Sheriff's Office in the hopes of locating any items found at Schaefer's home that may have belonged to Poole.
Schaefer died in prison in 1995, Springer says. Right now, there is no physical evidence, only circumstantial evidence, tying Schaefer to Poole's murder, according to Springer.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/human-remains-found-50-years-ago-in-florida-are-finally-identified-through-dna-testing/article_a25951fa-95d2-5fd0-859a-9c5dfbc4b94d.html | 2022-06-04T01:35:35Z |
Asurion repair experts provide fast fixes on phones, tablets, laptops and more
JOINT BASE LEWIS-MCCHORD, Wash., Aug. 22, 2022 /PRNewswire/ -- Electronics repair shop Asurion Tech Repair & Solutions™ has opened two new locations on Joint Base Lewis-McChord. The stores offer professional fixes for most consumer electronics, from smartphones, tablets and computers to game consoles, smart speakers, drones and more.
While common repairs include cracked screens, battery issues and water damage, the company's repair experts have fixed millions of devices and can help with most any tech mishap, and many basic repairs can be completed in 45 minutes or less.
"We all rely on technology to keep us connected, none more than military families," said Asurion Tech Repair & Solutions CEO Dave Barbuto. "I come from an Army family myself and served as an infantry officer for eight years, so I know firsthand what a lifeline technology can be – whether you're on base here in the states or deployed overseas. At Asurion Tech Repair & Solutions, we're excited to make life just a little easier for those stationed, living and working on base, with expert tech help available where and when they need it. We make sure your tech is working, so you never have to be disconnected from the things that matter most to you."
The stores' expert repair technicians fix all kinds of technology, regardless of make or model, and the stores are authorized repair providers for Samsung Galaxy® and Google Pixel™ smartphones. Soldiers, Airmen and families at Joint Base Lewis-McChord can book a repair appointment online or stop by for walk-in service. The stores offer free, no-obligation diagnostics on all gadgets, as well as a 1-year limited warranty on all repairs. They even offer a price match guarantee on any local competitor's regularly published price for the same repair.
The new Asurion Tech Repair & Solutions stores brings the company's retail footprint to more than 750 locations across the U.S. Formerly known as uBreakiFix®, all U.S. locations are rebranding as Asurion Tech Repair & Solutions. The rebrand is underway nationwide.
The new stores are located at:
Asurion Tech Repair & Solutions
504 Barnes Blvd, Joint Base Lewis-McChord, WA 98439
(253) 620-7001
Asurion Tech Repair & Solutions
5280 Pendleton Ave, Fort Lewis, WA 98433 (253) 390-5262
Asurion Tech Repair & Solutions, formerly known as uBreakiFix, is the retail brand operated and franchised by a subsidiary of tech care company Asurion. As the world's leading tech care company, Asurion eliminates the fears and frustrations associated with technology to ensure its 300 million customers get the most out of their devices, appliances, and connections. Asurion Tech Repair & Solutions stores specialize in the repair of consumer technology, including smartphones, game consoles, tablets, computers, and nearly everything in between. Asurion Tech Repair and Solutions repair experts fix cracked screens, software issues, camera issues, and most other tech mishaps at more than 750 stores across the U.S. The stores provide fast, affordable fixes for nearly any device type, regardless of make or model, including authorized repairs for Google Pixel and Samsung Galaxy smartphones.
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SOURCE Asurion Tech Repair & Solutions | https://www.kxii.com/prnewswire/2022/08/22/asurion-tech-repair-amp-solutions-opens-joint-base-lewis-mcchord/ | 2022-08-22T16:21:27Z |
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