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The family of Halyna Hutchins is demanding the Santa Fe County Sheriff's Office remove video it released of her "dying on the church floor" in the moments after she was shot on the set of the movie "Rust" last year, according to a letter written by the family's attorney and obtained by CNN.
Hutchins, the film's cinematographer, was killed and director Joel Souza was injured when a gun being handled by actor Alec Baldwin went off while they were rehearsing a scene at the Bonanza Creek Ranch in New Mexico in October.
The Santa Fe County Sheriff's Office released several files Monday from its ongoing investigation into the shooting, including photos, recordings and reports, officials said. Video of Hutchins dying is included in the data released.
In the letter to the sheriff's office, Brian Panish, an attorney for the Hutchins family, said the release of the evidence has caused "irreparable" damage to her husband, Matthew Hutchins, and their son.
"Your office trampled on the constitutional rights of the Hutchins," the letter, dated April 27, reads. "Without any discussion, your office unilaterally determined that Mr. Hutchins would be given access to the materials to review early in the morning on Monday, April 25 before being released to the public later in the afternoon giving him less than a business day to review the materials."
Due to the "sheer volume of material," that was "a wholly inadequate amount of time," and the family wasn't given the opportunity "to request that discretion be exercised, and sensitive material be redacted," Panish wrote.
On top of that, the letter said, the sheriff's office did not redact Hutchins' private and personal information. Panish wrote his client fears video of his wife's final moments could be used by bullies to emotionally abuse their son.
The letter demands the sheriff's office respect the Hutchins family's "constitutional rights of dignity, privacy, respect, and fairness going forward," and the office take down footage of Hutchins "dying on the church floor."
"While the damage of publishing the video is irreparable, taking down the video will end your office's complicity in causing further harm," the letter reads.
CNN has reached out to the Santa Fe County Sheriff's Office to confirm receipt of the letter and additional comment.
During an interview on ABC's "Good Morning America" Wednesday, Santa Fe County Sheriff Adan Mendoza defended releasing the material. "We're in response to a public records request, where we're required to release the information, and it was also an effort to be transparent in the investigation," Mendoza said.
The investigation is "nearing completion" he told ABC, adding his office is waiting on FBI analysis of firearm munitions, DNA prints, a report from the medical examiner, and some cell phone data analysis. His office is hoping this will wrap up in "weeks, and not months," he told GMA.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/family-of-victim-in-rust-shooting-demands-santa-fe-county-sheriffs-office-remove-graphic-video/article_c52dbcf9-ab33-5c09-9230-cfc3a9156122.html | 2022-04-28T04:27:04Z |
The company obtained a European Access Permit for in-vitro diagnostics devices (IVDD) authorized by the Netherlands CIBG of Ministry of Health, Welfare and Sport.
GUANGZHOU, China, June 15, 2022 /PRNewswire/ -- PulmoSeekTM Lung Cancer Early Detection Assay, the non-invasive blood-based cfDNA methylation detection product developed by AnchorDx for the early diagnosis of lung cancer, recently completed the procedure for EU IVDD CE Marking, and obtained IVD reagents licensing signed and issued by the CIBG of Ministry of Health, Welfare and Sport in the Netherlands. The license number is NL-CA002-2022-71591.
PulmoSeekTM is applicable for the benign and malignant diagnosis of people with 5-30mm pulmonary nodules. In the earlier stage of prospective clinical studies at 14 centers, the product's excellent performance was well verified in the following:
- 6-20mm size nodules subgroup, with a sensitivity of 100.0%;
- Stage I lung cancer subgroup, with a sensitivity of 97.1%;
- Solid nodules, part-solid nodules, and ground-glass nodules, with a sensitivity of 100.0%, 94.7% and 96.4%, respectively;
- In head-to-head comparison, PulmoSeekTM outperformed PET-CT, Mayo Model and Veterans Affairs Model, and will provide an innovative non-invasive detection solution for the precise management of patients with pulmonary nodules. Relevant results have been published in renowned international medical journal, The Journal of Clinical Investigation (impact factor: 14.808) in 2021.
According to GLOBOCAN 2020 data released by the International Agency for Research on Cancer (IARC), lung cancer is the leading cause of cancer deaths (18%) with more than 2.2 million new cases and 1.8 million deaths annually worldwide. As a screening technology for lung cancer, LDCT has been widely recognized by domestic and international clinical guidelines, but the precise management of patients with pulmonary nodules after LDCT screening has also become an urgent clinical problem to be solved.
PulmoSeekTM Lung Cancer Early Detection Assay can achieve early diagnosis and treatment of lung cancer through accurate diagnosis of patients with benign and malignant pulmonary nodules. Currently, several of AnchorDx's products have obtained relevant IVD-related qualifications from US FDA and European Medicines Agency (EMA). PulmoSeek's access permit for the EU market will further promote this innovative precision medical product to benefit more patients with pulmonary nodules around the world forthwith.
About AnchorDx
AnchorDx is a world-leading developer of cancer screening and early detection solutions based on methylation NGS technology. AnchorDx strives to revolutionize single/multi/pan-cancer early screening, detection technologies, and products. The current product pipeline encompasses more than 70% of all cancers.
CONTACT : PR@anchordx.com
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SOURCE Guangzhou AnchorDx Co., LTD | https://www.mysuncoast.com/prnewswire/2022/06/15/anchordxs-non-invasive-lung-cancer-early-diagnosis-product-pulmoseek-completes-eu-ce-marking-requirements/ | 2022-06-15T13:52:34Z |
The National Labor Relations Board has dismissed a charge Starbucks filed against union organizers in Phoenix, saying there was not enough evidence that pro-union workers blocked store entrances or intimidated customers during a spring rally.
Seattle-based Starbucks filed the charge with the labor board in April. The company contended that pro-union workers violated U.S. labor law by threatening workers and customers a Phoenix Starbucks store.
The company claimed workers blocked the store’s entrances, made threats, yelled profanities and pounded on the store’s windows.
But in a letter to the company late last week, the regional director of the NLRB in Phoenix, Cornele Overstreet, dismissed the charge. Overstreet said his investigation showed that demonstrators remained on the sidewalk and didn’t touch any employees, customers or vehicles.
Starbucks said Monday it will appeal.
“We disagree the NLRB’s ruling and will appeal as we continue our efforts to protect our partners and allow for their voice to be heard,” the company said in a statement.
The charge was one of just two that Starbucks has filed against Workers United since the union began organizing U.S. Starbucks stores late last year, according to the NLRB. By contrast, Workers United has filed more than 250 unfair labor practice charges against Starbucks, which opposes unionization.
More than 200 of Starbucks’ 9,000 company-owned U.S. stores have voted to unionize since last December. Workers at the Phoenix store voted not to unionize in early May. | https://cw33.com/business/ap-business/nlrb-dismisses-starbucks-charge-against-union-organizers/ | 2022-08-01T23:16:57Z |
NEW YORK, May 15, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Vertiv Holdings Co (NYSE: VRT) between April 28, 2021 and February 23, 2022, inclusive (the "Class Period") of the important May 23, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Vertiv securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Vertiv class action, go to https://rosenlegal.com/submit-form/?case_id=4841 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 23, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Vertiv could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv's earnings would be adversely impacted; and (3) as a result of the foregoing, defendants' positive statements about Vertiv's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Vertiv class action, go to https://rosenlegal.com/submit-form/?case_id=4841 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/05/15/rosen-global-investor-counsel-encourages-vertiv-holdings-co-investors-with-losses-over-100k-secure-counsel-before-important-deadline-securities-class-action-vrt/ | 2022-05-15T18:48:47Z |
Mom arrested for neglect after 5-year-old found alone on Port Charlotte street
PORT CHARLOTTE, Fla. (WWSB) - A 27-year-old woman is facing child neglect charges after authorities say she left her 5-year-old son alone while she took her boyfriend to work.
The Charlotte County Sheriff’s Office said deputies were investigating a crash in Port Charlotte shortly before 7:30 a.m. Monday involving Jasmine Rodriguez. Rodriguez was injured in the crash and was taken to a hospital for treatment.
At about 9 a.m., Rodriguez’s parents notified the sheriff’s office that that had found their grandson alone on a street, standing outside of a stranger’s home. Detectives say during the crash investigation, Rodriguez allegedly called her parents and asked them to pick up her 5-year-old son -- but she did not know the exact address of where she had left him.
The grandparents searched the area, found the boy, took him into their care and called authorities, the sheriff’s office said.
At no time during the interaction with deputies at the scene of the crash did Rodriguez mention her 5-year-old son was home without supervision, the sheriff’s office said.
Detectives went to the hospital where Rodriguez and her boyfriend were being released after treatment.
After hearing conflicting stories, deputies say Rodriguez admitted to leaving the child alone and was taken into custody on charges of child neglect.
The Department of Children and Families released the child to his grandparents, the sheriff’s office said.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/26/mom-arrested-neglect-after-5-year-old-found-alone-port-charlotte-street/ | 2022-04-27T18:59:38Z |
Early Childhood Education Franchise Revs Up Strategic Development, Set to Open at Metropolitan Park
LUTHERVILLE, Md., July 20, 2022 /PRNewswire/ -- Celebree School, a leader in early childhood education will join an impressive roster of retail partners at Metropolitan Park for Amazon's second headquarters in Arlington, Virginia.
Celebree School of National Landing is slated to open Spring 2023 and will provide infant and toddler care, and preschool programs. The customized programs will address the physical, social, emotional, and academic needs of children while adhering to Virginia's early education standards.
Over the past eight months, Amazon has announced several local small businesses that will open their doors next year at HQ2, including Conte's Bike Shop, District Dogs, HUSTLE, RAKO Coffee, Social Burger, and South Block. As development continues, Amazon now adds to this impressive roster with the addition of Celebree School of National Landing, Good Company Doughnuts & Cafe, Glo30, and Peruvian Brothers – all set to help enrich the growing community.
Amazon hopes that as it continues to bring more small businesses to the area, HQ2 can be a destination for all the important areas of life, whether that be work, play, family time, or any of the moments in between.
Owners of Celebree School National Landing, Kate and Brian Mulcahy, are eager to open this location, marking their second Celebree School. Together, the husband-wife team opened their first Celebree School in Tysons Corner, VA in September 2021. Not even one year later, their classrooms are almost full, and they are changing the lives of families in the community.
"We strive every day to make parents and students feel as comfortable as possible, as well as provide an unparalleled experience for our teachers," said Mulcahy. "Partnering with Amazon will allow us to reach a larger subset of the region and provide more quality early childhood education to more families."
"The spotlight that Amazon's presence puts on the community is so valuable, and the new residents it will attract will strengthen the fibers of the community," added Mulcahy. "Amazon's commitment to excellence and service mirrors our own values, making it an even more exciting venture."
Celebree School lives by its promise to Grow People Big and Small™, and was founded on the belief that success in early childhood development is equal parts curriculum and a connection that extends beyond the classroom to address the needs of the whole child and the whole family. Each Celebree School is a village made up of parents, children, and educators while providing curriculum-based care that prepares your child for kindergarten and beyond.
With a 25-plus-year history of providing superior early childhood education, Celebree School delivers a stable, secure learning environment that helps children develop a lifelong love of learning. Programs at Celebree School of National Landing will be available for children six weeks to preschool age with unique curriculums designed to develop positive social skills and values while allowing children to learn about their world through age-appropriate play, projects, and activities. Care is available part time or full time and parents are allowed to drop in and visit at any time.
"We're honored to continue to help brilliant entrepreneurs like the Mulcahys actualize their business goals," said Richard Huffman, Founder and CEO of Celebree School. "As we continue to expand our brand's footprint through franchising, it's more important than ever that we partner with local community leaders who have a passion for early childhood education. Bringing Celebree School to Amazon HQ2 gives me immense pride and joy as we continue to drive our mission forward."
Celebree School began franchising in 2019 and now has 26 corporate locations, seven franchise locations, and more than 70 franchise licenses in various stages development. With strategic expansion underway, the brand has set an aggressive development goal of opening 100 new schools by 2025. When franchisees invest with Celebree School, they're investing in an organization with a strong culture, solid systems, and a proven business model backed with 25-plus years of experience in providing exceptional early childhood education. For more information of franchising opportunities visit https://www.celebree.com/franchising/.
Founded in 1994, Celebree School is a leader in early childhood education that provides infant and toddler care, preschool, before and aftercare, and summer camp programs. With a mission to Grow People Big and Small™, Celebree School believes success in early childhood development is equal parts curriculum and connection. Each school employs a customized program that addresses the physical, social, emotional, and academic needs of children and follows applicable state guidelines. In 2019, Celebree School launched its franchise offering. Learn more about how we grow confident children who are prepared for school and life at Celebree.com. Connect with us on Facebook, Twitter and LinkedIn.
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SOURCE Celebree School | https://www.kxii.com/prnewswire/2022/07/20/celebree-school-joins-amazon-hq2-arlington-virginia/ | 2022-07-20T15:32:43Z |
TROY, Mich., June 2, 2022 /PRNewswire/ -- Communications Professionals announced today that it has been officially designated as an Acceleration Partner in the African American Cisco Partner Community (AACPC), a distinction indicating that the company has not only satisfied the rigorous personnel, support, and specialization requirements to achieve Cisco's Select level, but is also a key partner in Cisco's Social Justice efforts to power and inclusive future for all. In recognition of this accomplishment, Communications Professionals is identified as a Cisco Select Integrator in the Cisco Partner Locator.
"We're proud to be an AACPC Accelerate Partner and achieve the Select Integrator Certification, as it further demonstrates the level of Cisco expertise our teams bring to the table when helping our clients overcome their most significant business challenges," said Andrew Wallace, President and CEO. "We want to understand our customer's challenges and key business objectives and create solutions that solve those issues and push their businesses forward."
Achieving Acceleration Status along with the Cisco Certifications, Authorizations, and Specializations positions Communications Professionals among the industry's elite organizations with the most in-depth skills and demonstrated success in supporting mission-critical initiatives with technology.
The Cisco Partner Program and AACPC provides a structure for partners to build the sales, technical, and Lifecycle Services skills required to deliver Cisco solutions. Through specializations and certifications, Cisco recognizes our expertise in deploying solutions based on Cisco advanced technologies and services. Using a third-party audit process, the program validates a partner's technology skills, business practices, customer satisfaction, pre-sales and post-sales support capabilities, and other critical factors that customers consider when choosing a trusted partner.
Backed by Cisco, Communications Professionals will help you change how your organization plans and manages your complete technology lifecycle, including acquisition, upgrades, moves, and disposition.
For more information about Communications Professionals, visit their website at www.cpgp.com.
CONTACT: ANDREW WALLACE
248.557.0100
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SOURCE Communications Professionals | https://www.wibw.com/prnewswire/2022/06/02/communications-professionals-selected-an-accelerate-partner-african-american-cisco-partner-community/ | 2022-06-02T16:22:09Z |
At 132 E. Pulaski Highway in The Shoppes at East Pulaski
ELKTON, Md. , June 28, 2022 /PRNewswire/ -- Drayer Physical Therapy Institute opened an outpatient clinic today at 132 E. Pulaski Highway in The Shoppes at East Pulaski.
The clinic is open 7 a.m. to 7 p.m. Monday through Friday and by appointment on Saturday. To make an appointment, call 443-671-1119 or visit drayerpt.com.
Drayer offers in-clinic and telehealth options for outpatient orthopedic physical therapy. They include manual therapy, injury prevention, return to performance, total joint replacement, concussion management and vestibular rehabilitation programs.
Clinic director Heather Harris, a lifelong Maryland resident, earned a master's degree in physical therapy from Springfield College. She joined Drayer in 2005 and has more than 26 years of experience as a physical therapist.
Founded in 2002 with the opening of its first clinic in Bel Air, Drayer has two locations there as well as in Aberdeen, Baltimore (White Marsh-Overlea), Cockeysville (North Timonium), Edgewood, Fallston, Fulton and Rising Sun.
Drayer, part of the Upstream Rehabilitation family of clinical care, offers access to care within 24 hours and works with all insurance types.
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SOURCE Upstream Rehabilitation | https://www.mysuncoast.com/prnewswire/2022/06/28/drayer-physical-therapy-opens-outpatient-clinic-elkton-md/ | 2022-06-28T13:37:31Z |
NABI to be the first all-Native youth event featured on a major sports network
PHOENIX, June 28, 2022 /PRNewswire/ -- The Native American Basketball Invitational (NABI) is proud to announce they have teamed up with Executive Producer Robert Judkins, LTN Global, and ESPN to stream their semi-final and championship games on ESPN+. The games will be available on Friday, July 22, and Saturday, July 23. It marks the first time an all-Native youth sporting event will be featured on a major sports network platform.
"For 19 years, NABI continues to be the largest and most prestigious all-Native American basketball tournament in North America," said GinaMarie Scarpa, President of NABI. "We are excited to showcase our athletes in a way that has never been done before, on a global stage. It will be a significant history-making moment for our athletes and our entire Native community."
Also known as Rezball, basketball is a popular generational sport among Tribal communities. The sport unites thousands of Native/Indigenous youth, inspiring them to continue developing and playing the sport, and use their talents and skills to pursue higher educational opportunities.
NABI week officially tips-off on Sunday, July 17, 2022, with more than 470 basketball games played in 11 Phoenix-area gyms, featuring 136 teams comprised of male and female athletes, ages 14-19, representing tribal communities from throughout North America.
NABI week concludes with the championship games taking place Saturday, July 23, at the newly renovated Footprint Center, home of the Phoenix Suns and Phoenix Mercury. Tickets are on sale at www.ticketmaster.com.
For more information, game schedules, and gym locations, please visit our official website www.NABINation.com.
About ESPN+
ESPN+ is the industry-leading sports streaming service that offers fans in the U.S. thousands of live sports events, original programming not available on ESPN's linear TV or digital networks and exclusive editorial content from dozens of ESPN writers and reporters. Launched in April 2018, ESPN+ has grown to more than 22.3 million subscribers.
Fans sign up to ESPN+ for just $6.99 a month (or $69.99 per year) at ESPN.com, ESPNplus.com or on the ESPN App (mobile and connected devices). It is also available as part of The Disney Bundle that gives subscribers access to Disney+, ESPN+ and Hulu for $13.99/month (Hulu w/ads) or $19.99/month (Hulu w/o ads). Subscribers to Hulu + Live TV also receive ESPN+ at no additional cost.
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SOURCE Native American Basketball Invitational (NABI) Foundation | https://www.mysuncoast.com/prnewswire/2022/06/28/espn-stream-native-american-youth-basketball-event/ | 2022-06-28T16:35:51Z |
SONOMA, Calif., Aug. 23, 2022 /PRNewswire/ -- The pioneering Sangiacomo family, leaders in sustainable grape growing in Sonoma County, are honored to celebrate 95 years of farming and stewardship in Sonoma.
The Sangiacomo family's roots in Sonoma County began on August 30, 1927, when founder Vittorio Sangiacomo signed the deed to the 55-acre Eden Dale ranch, at the southern end of the Sonoma Valley in what is now the Carneros appellation. The historic agricultural property, dating back to the mid-1800s, was at the time an award-winning fruit tree farm, planted to apples, pears, peaches, prunes and cherries. Though Vittorio and family first found success focusing on the cultivation of pear trees, the Sangiacomos shifted their agricultural focus when they planted their first Sonoma vineyard, Green Acres, in 1969. For the past 53 years, the family has continued their farming heritage by growing premium cool-climate wine grapes from their 1,600 acres of certified sustainable estate vineyards in Carneros, the Petaluma Gap, and Sonoma Coast. Along with launching their namesake wine brand in 2016, they are proud to continue to work with over 70 wineries, many with long-lasting relationships spanning decades.
The original Eden Dale property, now known as the Sangiacomo family "Home Ranch," is the heart and soul of the family business. It's where the second and third generations of the family learned the value of stewardship and sustainability, and where, 95 years later, they continue their long-standing tradition in farming. The 110-acre Home Ranch is also home to the Sangiacomo Family Wines tasting room, where visitors can taste small-lot Chardonnay, Pinot Noir and Cabernet Sauvignon wines from the family's historic vineyards, while gaining insight into the history of the family and the land they've farmed for nearly a century.
"When my brother Mike, sister Mia and I reflect on 95 years of farming, commitment, passion, and family heritage come to mind," says Steve Sangiacomo, third-generation partner. "From the progression of growing pears to wine grapes, three generations have worked side-by-side and have shared the vision to seek opportunity, take risks, and evolve our family business. We would not be where we are today without the knowledge and values we learned from our grandparents, parents, uncles, and aunt. It's an honor to continue our family's agricultural journey, planting the seeds to enable future generations to build upon this legacy."
To celebrate this near-century milestone, the Sangiacomos are releasing the remaining amounts of their Home Ranch Chardonnay from their library, including the inaugural 2016 vintage, along with many of their other exclusive estate bottlings. All are available at the Sangiacomo Home Ranch tasting room, located two miles south of the Sonoma Plaza.
As multigenerational Sonoma farmers with roots tracing back to 1927, the Sangiacomo family have continued their farming heritage by growing premium cool-climate grapes from their 1,600 acres of certified sustainable estate vineyards. Widely recognized as leading growers in California, the Sangiacomos also make estate wines for their own label, Sangiacomo Family Wines. A true family business with over 50 years of grape growing experience, they bring unparalleled knowledge and expertise, and lead with a commitment to quality and authenticity in all areas of operations. Working with acclaimed winemaker James MacPhail, the family produces limited quantities of Chardonnay, Pinot Noir and Cabernet Sauvignon wines that express the character of the land they've farmed for 95 years, and hope to call home, for generations. For more information, visit www.sangiacomowines.com.
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SOURCE Sangiacomo Vineyards | https://www.wibw.com/prnewswire/2022/08/23/third-generation-family-owned-sangiacomo-vineyards-celebrates-95-years-farming-sonoma-county/ | 2022-08-23T16:48:05Z |
SHANGHAI , Aug. 30, 2022 /PRNewswire/ -- On August 22, 2022, TÜV Rheinland Greater China ("TÜV Rheinland") awarded the Eye Comfort (AR) Certification for Nreal's AR glasses, Nreal Air, ahead of the device's official launch in China. The bestowal of TÜV Rheinland's highest-level display certification for AR devices to Nreal Air follows Nreal's earlier accolade in February of this year, in which the brand received TÜV Rheinland's world-first Low Blue Light (Hardware Solution) and Flicker Free certifications for AR glasses.
The Eye Comfort (AR) standard embodies TÜV Rheinland's endeavor to expand its eye comfort standard system to the realm of augmented reality. This consists of visual perception, visual health, ergonomic design, user experience, and health guidelines. AR products that comply with this standard and are granted this designation meet strict ergonomic and user-experience design requirements, including a high-quality display, improvements to eye health, and a comfortable user experience.
Jin Peng, Nreal co-founder and head of commercialization and strategy, explains, "As a near-eye display device, the health and comfort of users of AR glasses must be prioritized for the benefit of users. Without regard for users, a lack of focus on high definition and colorful image quality will often deliver a nauseating user experience. However, with Nreal Air, we're setting the standard for superior comfort for our users' eyes. And this is in part due to optimizations introduced to reduce the causes of discomfort, including blue light, flicker, and vergence-accommodation conflict (VAC). All these are made possible by our newly launched and world-leading self-developed optical display architecture -- the 'Jinghong Ruiying' optical engine 2.0 -- along with the industry's top micro-OLED screen, and our original 'Pixel tuning/anti-distortion algorithm.' We will also step up our collaboration with TÜV Rheinland in the days to come, as we work together to develop a premium standard for the AR industry and improve the visual experience for consumers."
Since its debut last year, the Nreal Air glasses have been catapulted into the spotlight in select markets and are top-of-mind among consumers. Nreal Air, designed to offer large-screen viewing, features a micro-OLED screen with a 46-degree field-of-view (FoV) and 49 pixels per degree (PPD), which is double the resolution of regular VR glasses. The optical quality test shows that 99.5% of the sRGB color gamut on the Nreal Air's screen can be achieved without visual distortion. Nreal Air offers industry-leading brightness and color uniformity, grayscale rendition, and contrast ratio. In addition, Nreal Air achieves a strong contrast between the screen and full ambient light in both indoor and outdoor settings, thereby enabling users to comfortably use the glasses in ambient light.
When it comes to visual health, Nreal Air conforms to the TÜV Rheinland standard for Low Blue Light (Hardware Solution). The high-energy visible blue light in the blue light spectrum that's emitted by Nreal Air's micro-OLED screen is a mere 31%. This effectively ensures the utmost comfort for the user, despite Nreal Air offering high-end color performance. Furthermore, Nreal Air meets the Flicker-Free criteria, alleviating the visual fatigue caused by display flickering.
As well, Nreal Air offers its users a shield to protect them from strong outdoor ambient light. Myopia lenses can also be customized and added for users that wear eyeglasses by mounting them behind the lenses of the AR glasses, providing an improved viewing experience.
Nreal's TÜV Rheinland Eye Comfort (AR) Certification is the culmination of its user experience research, in which Nreal Air AR products were compared with 2D display devices. This included observing parametric changes in the critical flicker fusion frequency (CFFF), visual acuity, visual sensitivity, the accommodative convergence over accommodation (AC/A) ratio, and finally the convergence accommodation to convergence (CA/C) ratio. User evaluation questionnaires were also used to assess and diagnose the changes in visual fatigue among users. The results showed that users were able to enjoy a better visual experience with Nreal Air products in lieu of flat 2D displays.
Frank Holzmann, Global Vice President of TÜV Rheinland Business Field Electrical, states, "In the emerging AR/VR field, Nreal and our company both attach great importance to the visual health and comfort of users. The TÜV Rheinland Eye Comfort (AR) Certification not only serves as the highest authentication of displays in the AR domain, but is also the epitome of Nreal's unremitting effort to introduce AR products to the world with great importance to a comfortable user experience attached. Looking ahead, TÜV Rheinland will continue to leverage its abundant experience and technical expertise in the field of display product testing and certification. By developing and improving the testing standards based on a concerted effort with industry partners, we aim to empower the technological innovation and user experience enhancement of AR glasses and steer the industry in forging ahead in the pursuit of higher standards."
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SOURCE TUV Rheinland Greater China | https://www.wibw.com/prnewswire/2022/08/31/nreal-air-ar-glasses-receive-tv-rheinland-eye-comfort-ar-certification/ | 2022-08-31T04:09:01Z |
Playermaker, whose wearable performance tracker is already used by over 250 elite, professional, and recreational soccer teams, academies, colleges, as well as by aspiring athletes worldwide, looks to further expand to serve athletes of all sports and skill levels
LONDON, June 16, 2022 /PRNewswire/ -- Playermaker, the wearable footwear-mounted performance tracker, today announced that it has raised $40M in funding to date, led by Ventura Capital Group, with additional investment by MIG Capital, Pegasus Tech Ventures, and others. The funding will be used to further extend the company's global reach with an emphasis on accelerating its growth within the consumer market and developing a new Multi-Sport Platform to drive Playermaker's expansion beyond soccer, beginning with basketball.
Playermaker's wearable performance tracking device turns any footwear into a connected solution that captures professional-grade technical, tactical, biomechanical, and physical data from the source of motion. This provides valuable insights and analysis to enable and empower athletes at any level to maximize their skills, monitor injury risk, as well as expedite injury recovery.
Until now, performance tracking resources, which help to inform coaches and athletes about training impact, match performance, and managing injuries, have typically only been widely available for male professional athletes – reflecting a historic disparity in funding and technology between male and female athletes. Playermaker's mission is to infuse data with purpose, with the goal of bringing equal opportunities for all athletes no matter their age, skill level, or gender. By making elite-level performance tracking and data insights affordable and accessible to all athletes, Playermaker is leading the sport technology market towards a more equitable future.
"Our mission is to challenge the disparities in sport, striving to attain fair play and equal opportunity for all by ensuring that everyone can access the knowledge they need to improve their game," said Guy Aharon, CEO and Co-Founder of Playermaker. "We are empowering and inspiring boys and girls across the world of sports to stay active, pursue their dreams, and be the best they can be regardless of their discipline, location, or resources. Ultimately, wherever there is passion and shoes, that's where we want to be."
Unlike other fitness trackers on the market, the Playermaker solution is able to track technical performance and offer further-reaching insights due to the position on both the left and right shoe. This enables it to pair the usual surface-level metrics with complex functional factors such as foot placement/angle, foot velocity, acceleration on hard cuts vs. straightaway runs, and more - allowing for more unique and astute insights. The device requires no additional infrastructure or installation and doesn't require WIFI, cell service, or external power to collect and analyze data from any given session. It can also be used both indoors and outdoors, differentiating it from GPS systems and making it easily adaptable across a range of sporting activities.
"Such a groundbreaking sports technology is extremely rare to find. Playermaker "ups the game" for professional and recreational footballers alike, creating a unique level of deep insight and competitive edge for players in a simple and user-friendly way," said Mo El Husseiny, Ventura's Managing Partner. "We now have the ability to track performance data and provide deep and instant insight far beyond the usual metrics - something that every athlete can benefit from and a vision that we at Ventura are very excited to back. Guy and the team have proven Playermaker's immense value by already dominating the world of football. More importantly, the Playermaker team is driven by a clear purpose and goal - to better the world of sports for all who play them. They digitized and gamified the world's favorite game and that's just for starters."
This announcement comes after a series of successful partnerships, including the announcement of Liverpool FC wonderkid, Harvey Elliott, as brand Ambassador, the expansion of its partnership and launch of a community initiative with Fulham FC, as well as an extended project with the English Football Association (FA) and Leeds Beckett University to explore and provide in-depth insights into the demands of women's soccer. The company has experienced substantial international growth across academy, college, semi-professional, and elite level teams, with one of the most popular sports in the world - across demographics. Using the institutional knowledge and data it has gained in soccer, Playermaker has already begun rolling out its Multi-Sport Platform. In doing so, Playermaker is working with a number of elite and recreational basketball teams in the US and EU, establishing the foundation for a new, multisport, B2C offering.
"We have been blown away by the support Playermaker has received internationally and our investors have shown great faith in our team and the potential of our technology," continued Aharon. "Our journey began with soccer but the data, knowledge, and experience we've gained is a rock-solid foundation that we are excited to leverage to elevate all athletes across sports. We are confident that the success we have seen in soccer will be replicated in other sports because nothing feels better than having all the tools you need to improve when playing a sport you love at any level."
About Playermaker:
Established in 2016, Playermaker is a sports technology company revolutionizing the way that athletes at all levels develop their skills by providing next-level insight into performance with its wearable footwear performance tracker. Now the fastest-growing footwear performance platform, Playermaker's ground-breaking technology transforms any footwear into a connected solution. It then provides in-depth analysis and monitoring of key athletic performance indicators via foot movements for team and individual use. With offices in London, Miami, and Tel Aviv, Playermaker's solutions are used by elite clubs, academies, and recreational athletes worldwide and deliver a competitive advantage to some of the most forward-thinking athletes, teams, and coaches with no additional infrastructure or installation required. To find out more, visit www.playermaker.com.
Press Contact
Terri Shapiro
terri@headline.media
US: +1 347 344 5316
UK: +44 203 807 8120
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SOURCE Playermaker | https://www.kxii.com/prnewswire/2022/06/16/playermaker-raised-40m-make-elite-level-performance-tracking-accessible-all-athletes/ | 2022-06-16T10:32:15Z |
WASHINGTON, July 7, 2022 /PRNewswire/ -- RegCheck® by Asurity Technologies, LLC ("Asurity") is pleased to announce that mortgage loan compliance industry veteran Karol Villavicencio has joined the team as Director of RegCheck Product Management and Operations.
RegCheck is a best-in-class Software-as-a-Service (SaaS) solution that enables loan officers and compliance specialists to accelerate loan closings with greater confidence and accuracy. Leveraging the advantages of innovative technology and deep domain expertise, it rapidly identifies root cause compliance failures in loan applications and pinpoints the specific data gaps that need to be addressed throughout the loan origination process, accelerating processing timelines, reducing errors, as well as making loans more serviceable and saleable.
With its ease of use, seamless integration and reporting clarity, RegCheck delivers complete compliance confidence. It tests across HOEPA, Qualified Mortgage Rule, Federal HPML, TILA, TRID and more; and helps save time and costs by easily calculating if a test has passed or failed - explaining the underlying cause within minutes. And, for record purposes, RegCheck also produces a downloadable PDF compliance certificate.
Prior to joining RegCheck, Karol served as the VP of Client and Partner Success at SitusAMC where she was responsible for user support experience including onboarding, product support, integration and examination support.
"We are excited to have Karol on the team. RegCheck is a best-in-class lending compliance solution for loan officers and compliance specialists," said Luke Wimer, Chief Operating Officer at Asurity, "Her knowledge and experience will play a key role in helping us continue to innovate and ensure we are meeting the evolving needs of our clients."
As the newest addition to Asurity's suite of industry leading compliance products and solutions tailored for consumer lenders, RegCheck runs on MISMO 3.4 standard through integrations with LOS applications such as Vesta, Calyx, and Encompass, or can be added as a service to Asurity's Propel document platform. Karol joins the RegCheck team with more than a decade of mortgage industry experience. She has held a variety of roles across the loan origination cycle and is experienced in identifying opportunities where technology can ease lender burdens and solve their pain points. She is a zealous advocate for client needs and possesses the know-how to design scalable solutions.
Karol commented, "I am excited to join the RegCheck team. I look forward to applying my experience and passion to help clients be more operationally efficient. I also look forward to working cross-functionally with internal and external stakeholders to continue to drive RegCheck to the next level of innovation for all loan officers and compliance specialists."
For more about RegCheck by Asurity or to inquire about partnerships contact us at info@asurity.com or (202) 765-2150.
Asurity delivers compliance-focused solutions to the mortgage and consumer lending industries. RegCheck was developed with input from Asurity's internal compliance experts and Asurity's legal partners to deliver complete compliance confidence. The system provides built-in compliance testing and highly accurate methodologies that take into account the ever-changing regulations. An interactive PDF compliance report and alert system point out data elements that require attention and correction, reducing the time it takes to identify any non-conforming aspects of a loan package. Built-in APIs provide seamless integration to Loan Origination Systems. For additional information, visit www.asurity.com.
Media Contact:
Era Williams
Director of Marketing
(214) 257-1763
ewilliams@asurity.com
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SOURCE Asurity | https://www.kxii.com/prnewswire/2022/07/07/mortgage-industry-leader-karol-villavicencio-joins-asuritys-regcheck-loan-compliance-solutions-team/ | 2022-07-07T15:26:17Z |
Night Castle promotion includes new Night Castle-branded packaging and merchandise, and a free soft drink offer for designated drivers
COLUMBUS, Ohio, June 17, 2022 /PRNewswire/ -- White Castle has long been known as a late-night hot spot, the last stop after a fun night, the place to go for nocturnal cravings. It's a reputation that the 101-year-old family-owned business not only relishes, but also encourages by keeping castles open late to serve its Cravers morning, noon and night.
In recognition of its standing as the after-hours scene for food and fun, White Castle will be celebrating throughout the summer with a series of promotions acknowledging its nightly transformation from White Castle to Night Castle.
Beginning June 20 — the Summer Solstice and the shortest night of the year — White Castle's 20-Slider Crave Clutch will sport a new, limited-time Night Castle design featuring scary eyes and teeth, turning the normal packaging into a late-night party monster to inspire nighttime merrymaking. Three new collectible soft drink cups will also feature a Night Castle design.
In addition, White Castle's House of Crave online gift shop will feature a whole new line of after-dark apparel, including socks, a hoodie, a glow-in-the-dark T-shirt and a Hawaiian shirt, as well as Night Castle accessories like LED cups, LED ice cubs, an LED gaming mousepad, an ice bucket, and a sleep mask.
While late-night adventures at the Castle should be epic, they should also be safe. So, between June 20 and July 4, White Castle will offer a free small Coca-Cola Freestyle drink to all customers who identify themselves as a designated driver, allowing everyone to have a memorable – but safe – night at White Castle.
"Many a craver have spent many a late night at White Castle," said Jamie Richardson, vice president at White Castle. "We are there for all our cravers in search of some after-hours sustenance — like a beacon of light at night. Our new Night Castle packaging and merchandise will help make every night a good night at White Castle."
No matter where Cravers live, White Castle is always ready to be part of their late-night adventures. White Castle's famous Sliders – and now their juicy tender white meat Chicken Rings – are available in the freezer aisles of grocery and other retail stores across the country.
About White Castle®
White Castle, America's first fast-food hamburger chain, has been making hot and tasty Sliders as a family-owned business for 101 years. Based in Columbus, Ohio, White Castle started serving The Original Slider® in 1921. Today White Castle owns and operates more than 350 restaurants dedicated to satisfying customers' cravings morning, noon and night and sells its famous fare in retail stores nationwide. The Original Slider, named in 2014 as Time magazine's "Most Influential Burger of All Time," is served alongside a menu of creatively crafted Sliders and other mouthwatering food options, including White Castle's Impossible™ Slider, named by Thrillist in 2019 as the "Best Plant-Based Fast Food Burger." White Castle's commitment to maintaining the highest quality products extends to the company owning and operating its own meat processing plants, bakeries and frozen-food processing plants. In 2021, 100 years after the first Slider was sold, Fast Company named the fast-food pioneer one of the "10 Most Innovative Dining Companies." White Castle is known for the legendary loyalty of its team members, more than 1 in 4 of whom have worked for White Castle for at least 10 years, and also for its faithful fans ("Cravers"), many of whom compete each year for entry into the Cravers Hall of Fame. The official White Castle app, available at iTunes App Store or Google Play, makes it easy for Cravers to access sweet deals and place pickup orders at any time. They can also have their orders delivered using one of White Castle's delivery partners. For more information on White Castle, visit whitecastle.com.
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SOURCE White Castle | https://www.wibw.com/prnewswire/2022/06/17/white-castle-will-become-night-castle-celebrate-summer-solstice-keep-late-night-fun-going-all-summer-long/ | 2022-06-17T17:59:42Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, today announced that it has entered into a securities purchase agreement with certain accredited investors for a private placement transaction (the "Private Placement").
Delcath will issue and sell 690,954 shares of its common stock (the "Common Stock") at a price per share of $3.98, or, in lieu of shares of Common Stock, 566,761 pre-funded warrants to purchase Common Stock (the "Pre-Funded Warrants") at a price per Pre-Funded Warrant of $3.97. The Pre-Funded Warrants will have an exercise price of $0.01 per share of Common Stock, be immediately exercisable and remain exercisable until exercised in full.
Delcath expects to receive gross proceeds from the Private Placement of approximately $5.0 million before deducting offering expenses payable by Delcath. Delcath intends to use the net proceeds from the Private Placement for working capital purposes and other general corporate purposes. The Private Placement is expected to close on or about July 20, 2022, subject to the satisfaction of customary closing conditions.
The securities to be sold in the Private Placement, including the shares of common stock underlying the Pre-Funded Warrants, have not been registered under the Securities Act of 1933, as amended, or state securities laws as of the time of issuance and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission ("SEC") or an applicable exemption from such registration requirements. Delcath has agreed to file one or more registration statements with the SEC registering the resale of the Common Stock and the shares issuable upon exercise of the Pre-Funded Warrants purchased in the Private Placement.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Delcath Systems, Inc.
Delcath Systems, Inc. is an interventional oncology company focused on the treatment of primary and metastatic liver cancers. The company's proprietary percutaneous hepatic perfusion (PHP) system is designed to administer high-dose chemotherapy to the liver while controlling systemic exposure and associated side effects. In the United States, the PHP system is being developed under the tradename HEPZATO KIT (melphalan hydrochloride for injection/hepatic delivery system), or HEPZATO, for the treatment of patients with unresectable hepatic-dominant metastatic ocular melanoma (mOM), also known as metastatic uveal melanoma (mUM) and is considered a combination drug and device product regulated by the United States Food and Drug Administration (FDA).
In Europe, the PHP system is now regulated as a Class lll medical device and is approved for sale under the trade name CHEMOSAT Hepatic Delivery System for Melphalan, or CHEMOSAT, where it has been used at major medical centers to treat a wide range of cancers of the liver.
Safe Harbor / Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by the Company or on its behalf. This news release contains forward-looking statements, which are subject to certain risks and uncertainties that can cause actual results to differ materially from those described in particular, the statements regarding our Private Placement and expected gross proceeds and the expected uses of the proceeds from the Private Placement. Factors that may cause such differences include, but are not limited to, uncertainties relating to: the timing and results of the Company's clinical trials, including without limitation the mOM and ICC clinical trial programs, as well as the receipt of additional data and the performance of additional analyses with respect to the mOM clinical trial, our determination whether to continue the ICC clinical trial program or to focus on other alternative indications, and timely monitoring and treatment of patients in the global Phase 3 mOM clinical trial and the impact of the COVID-19 pandemic on the completion of our clinical trials; the impact of the presentations at major medical conferences and future clinical results consistent with the data presented; approval of Individual Funding Requests for reimbursement of the CHEMOSAT procedure; the impact, if any, of ZE reimbursement on potential CHEMOSAT product use and sales in Germany; clinical adoption, use and resulting sales, if any, for the CHEMOSAT system to deliver and filter melphalan in Europe including the key markets of Germany and the UK; the Company's ability to successfully commercialize the HEPZATO KIT/CHEMOSAT system and the potential of the HEPZATO KIT/CHEMOSAT system as a treatment for patients with primary and metastatic disease in the liver; our ability to obtain reimbursement for the CHEMOSAT system in various markets; approval of the current or future HEPZATO KIT/CHEMOSAT system for delivery and filtration of melphalan or other chemotherapeutic agents for various indications in the U.S. and/or in foreign markets; actions by the FDA or foreign regulatory agencies; the Company's ability to successfully enter into strategic partnership and distribution arrangements in foreign markets and the timing and revenue, if any, of the same; uncertainties relating to the timing and results of research and development projects; and uncertainties regarding the Company's ability to obtain financial and other resources for any research, development, clinical trials and commercialization activities. These factors, and others, are discussed from time to time in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date they are made.
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SOURCE Delcath Systems, Inc. | https://www.wibw.com/prnewswire/2022/07/18/delcath-systems-announces-private-placement-50-million/ | 2022-07-18T13:16:10Z |
Published: Aug. 3, 2022 at 7:00 AM EDT|Updated: 38 minutes ago
CHICAGO, Aug. 3, 2022 /PRNewswire/ -- Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the "Company" or "DFIN") today reported financial results for the second quarter of 2022.
Highlights for the second quarter of 2022:
Total net sales of $266.2 million; compared to the second quarter of 2021, growth in capital markets compliance, consolidated software solutions, and investment companies' tech-enabled services net sales nearly offset a substantial reduction in capital markets transactions activity, lower print and distribution volume as a result of regulatory changes, and an unfavorable impact of foreign exchange rates; excluding the impact of foreign exchange rates, total net sales increased 0.3% from second quarter of 2021.
Record second-quarter software solutions net sales of $71.6 million, an increase of 7.5% from the second quarter of 2021; compliance software net sales growth of 12.7% offset, in part, by flat year-over-year performance in transactions-driven software net sales.
Net earnings of $46.0 million, or $1.42 per diluted share, up $3.1 million, or $0.18 per diluted share, from the second quarter of 2021.
Adjusted EBITDA of $82.6 million and Adjusted EBITDA margin of 31.0%, up 110 basis points from the second quarter of 2021, primarily driven by higher capital markets compliance volume, favorable sales mix within Investment Companies - Compliance and Communications Management segment, the impact of cost savings initiatives, and lower incentive compensation expense, partially offset by lower capital markets transactional volume.
Operating cash flow of $45.8 million, an improvement of $15.2 million from the second quarter of 2021.
Non-GAAP gross leverage of 0.8x and non-GAAP net leverage of 0.8x.
During the second quarter, the Company repurchased 2,180,796 shares for $64.4 million at an average price of $29.54 per share. As of June 30, 2022, the remaining share repurchase authorization was $58.6 million.
"We are pleased with our strong second-quarter results, which continue the trend of improving our revenue mix toward software solutions and tech-enabled services. This trend, coupled with operating efficiencies and the impact of structural cost reductions, resulted in increases in both quarterly Adjusted EBITDA and margin, despite a challenging capital markets transactional environment. Consistent with last quarter, our second quarter Adjusted EBITDA margin of 31% is substantially higher than historical quarters with similar overall and transactional revenues, another positive proof point of our evolving sales mix and continued cost discipline. In addition, we continued our track record of prudent capital deployment, repurchasing nearly 2.2 million shares in the second quarter, while also increasing organic investment in software development," said Daniel N. Leib, DFIN's president and chief executive officer.
Leib continued, "During the second quarter, we made continued progress toward becoming a software-centric company. Total software sales grew nearly 8% compared to the second quarter of 2021 and made up 26.9% of total second quarter net sales, an increase of 200 basis points from last year's second quarter sales mix. Our software sales growth was led by the performance of our recurring compliance products which posted 13% sales growth in the quarter, with ActiveDisclosure sales growing 20%, including a 25% growth in NewAD subscription revenue. Venue net sales were in line with last year's second quarter, once again outpacing the trend in capital markets transactional sales."
"Our second-quarter performance, including the resilience of our top- and bottom-line results, highlights the progress we are making in our transformation. Our strategy and focus have resulted in DFIN being fundamentally and sustainably more profitable, as we continue to invest to achieve a more recurring sales mix, while aggressively managing our cost structure and being disciplined stewards of capital. While the macroeconomic outlook remains uncertain, the combination of our market position, cost structure, and strong balance sheet positions us well heading into the back half of the year," Leib concluded.
Net Sales
Net sales in the second quarter of 2022 were $266.2 million, a decrease of $1.3 million, or 0.5% (including a $2.1 million, or 0.8%, decrease due to changes in foreign currency exchange rates), from the second quarter of 2021. Excluding the impact of foreign exchange rates, total net sales increased 0.3% from the second quarter of 2021. Net sales decreased primarily due to lower capital markets transactional activity, a decrease in print volume as a result of regulatory impacts eliminating print requirements, and an unfavorable impact of foreign exchange rates, partially offset by higher capital markets compliance volume, growth in software solutions and investment companies' tech-enabled services net sales.
Net Earnings
For the second quarter of 2022, net earnings were $46.0 million, or $1.42 per diluted share, as compared to $42.9 million, or $1.24 per diluted share, in the second quarter of 2021. Net earnings in the second quarter of 2022 included after-tax charges of $3.9 million, or $0.12 per diluted share, primarily related to share-based compensation expense. Net earnings in the second quarter of 2021 included after-tax charges of $4.8 million, or $0.14 per diluted share, primarily related to share-based compensation expense and restructuring impairment and other charges, net.
Adjusted EBITDA and Non-GAAP Net Earnings
For the second quarter of 2022, Adjusted EBITDA was $82.6 million, an increase of $2.7 million as compared to the second quarter of 2021. Adjusted EBITDA margin was 31.0%, an increase of approximately 110 basis points as compared to the second quarter of 2021. The increase in Adjusted EBITDA and Adjusted EBITDA margin were primarily driven by growth in capital markets compliance net sales, favorable sales mix within Investment Companies - Compliance and Communications Management segment, the impact of cost savings initiatives, and lower incentive compensation expense, partially offset by lower capital markets transactional volume.
For the second quarter of 2022, non-GAAP net earnings were $49.9 million, or $1.54 per diluted share, as compared to $47.7 million, or $1.38 per diluted share, in the second quarter of 2021.
Reconciliations of net earnings to Adjusted EBITDA, Adjusted EBITDA margin and non-GAAP net earnings are presented in the attached tables.
Regulatory Impacts
The Company previously disclosed in a Current Report on Form 8-K filed with the SEC on July 22, 2020, that the implementation of SEC Rule 30e-3 (elimination or reduction of print annual and semi-annual reports), Rule 498A (elimination or reduction of print summary prospectus) and the Company's exiting of certain printing and distribution relationships were expected to reduce the Company's print-related 2021 net sales by approximately $130 million to $140 million, with the associated reduction in net earnings and Adjusted EBITDA of approximately $4 million to $7 million and approximately $5 million to $10 million, respectively, in 2021.
In 2021, the Company realized reductions in net sales, net earnings and Adjusted EBITDA of approximately $100 million, $2 million and $3 million, respectively. For 2022, the Company expects an incremental reduction in print-related net sales of approximately $30 million with a de minimis impact on net earnings and Adjusted EBITDA.
Company Results and Conference Call
DFIN's earnings press release for the second quarter of 2022, which is included as Exhibit 99.1 to the Company's Current Report on Form 8-K that has been furnished to the SEC on August 3, 2022, is available on the Company's investor relations website at investor.dfinsolutions.com. A supplemental trending schedule of historical results, including additional breakouts of segment-level net sales, is also available on the Company's investor relations website.
DFIN will hold a conference call and webcast on August 3, 2022, at 9:00 a.m. Eastern time to discuss financial results for the second quarter of 2022, provide a general business update and respond to analyst questions.
A live webcast of the call will also be available on the Company's investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.
If you are unable to participate live, a replay of the webcast will be available following the conference call on the Company's investor relations website, along with the earnings press release, and related financial tables.
About DFIN
DFIN is a leading global risk and compliance solutions company. We provide domain expertise, enterprise software and data analytics for every stage of our clients' business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN's end-to-end risk and compliance solutions online at DFINsolutions.com or you can also follow us on Twitter @DFINSolutions or on LinkedIn.
Use of Non-GAAP Information
This news release contains certain non-GAAP financial measures, including non-GAAP gross profit, non-GAAP selling, general, and administrative expenses ("SG&A"), non-GAAP income from operations, non-GAAP operating margin, Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP effective tax rate, non-GAAP net earnings, non-GAAP diluted earnings per share, Free Cash Flow and organic net sales. The Company believes that these non-GAAP financial measures, when presented in conjunction with comparable GAAP measures, provide useful information about the Company's operating results and liquidity and enhance the overall ability to assess the Company's financial performance. The Company uses these measures, together with other measures of performance under GAAP, to compare the relative performance of operations in planning, budgeting and reviewing the performance of its business.
The Company's non-GAAP statement of operations measures, which include non-GAAP gross profit, non-GAAP SG&A, non-GAAP SG&A as % of total net sales, non-GAAP income from operations, non-GAAP operating margin, Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP effective tax rate, non-GAAP net earnings and non-GAAP diluted earnings per share, are adjusted to exclude the impact of certain costs, expenses, gains and losses and other specified items that management believes are not indicative of our ongoing operations. These adjusted measures exclude the impact of expenses associated with the Company's COVID-19 related recoveries and expenses, LSC multiemployer pension plans obligations, non-income tax charges (income), net, accelerated rent expense, share-based compensation and eliminate potential differences in results of operations between periods caused by factors such as historic cost and age of assets, financing and capital structures, taxation positions or regimes, restructuring, impairment and other charges and gain or loss on certain equity investments and asset sales.
Free Cash Flow is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities less capital expenditures. By adjusting for the level of capital investment in operations, the Company believes that free cash flow can provide useful additional basis for understanding the Company's ability to generate cash after capital investment and provides a comparison to peers with differing capital intensity.
Organic net sales is a non-GAAP financial measure and is defined by the Company as reported net sales adjusted for the changes in foreign currency exchange rates.
These non-GAAP financial measures should be considered in addition to, not a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. In addition, these measures are defined differently by different companies in our industry and, accordingly, such measures may not be comparable to similarly-titled measures of other companies.
Use of Forward-Looking Statements
This news release includes certain "forward-looking statements" within the meaning of, and subject to the safe harbor created by, Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the business, strategy and plans of DFIN and its expectations relating to future financial condition and performance. Statements that are not historical facts, including statements about DFIN management's beliefs and expectations, are forward-looking statements. Words such as "believes," "anticipates," "estimates," "expects," "intends," "aims," "potential," "will," "would," "could," "considered," "likely," "estimate" and variations of these words and similar future or conditional expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. While DFIN believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond DFIN's control. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend upon future circumstances that may or may not occur. Actual results may differ materially from DFIN's current expectations depending upon a number of factors affecting the business and risks associated with the performance of the business. These factors include such risks and uncertainties detailed in DFIN periodic public filings with the SEC, including but not limited to those discussed under "Special Note Regarding Forward-Looking Statements" in DFIN's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, those discussed under "Special Note Regarding Forward-Looking Statements" in DFIN's Quarterly Reports on Form 10-Q, and in other investor communications of DFIN's from time to time. DFIN does not undertake to and specifically declines any obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect future events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.
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/2022/08/03/dfin-reports-second-quarter-2022-results/ | 2022-08-03T11:38:09Z |
Musician uses social media to track down stolen family heirloom
By Mika Miyashima
Click here for updates on this story
HONOLULU, Hawaii (KITV) — A Hawaiian musician is thanking the community, and a social media tip for helping her find a valuable instrument that was stolen in Waikiki.
Krystal Mokuahi of music group Ke’olu said her bass was stolen from her car sometime between Friday night and Saturday morning at the Waikiki Banyan Hotel.
Mokuahi said the five-string bass holds special meaning to her family, as it was passed down from her grandfather, to her father, to her.
“It means so much because it’s such a priceless item within our family,” Mokuahi explained. ‘It holds so much stories, and so much mana within it.”
After realizing it was gone, Mokuahi put out a post on social media.
She said the response was overwhelming.
“It started circling and everyone started reposting it,” she explained. “It was amazing how much eyes was able to see it and how much people was helping me and trying to get the word out.”
Mokuahi said she received an anonymous message from someone who believed they spotted the bass near a Makiki apartment.
With the help of police, she was able to recover the special instrument.
“They opened up the unit and it was indeed in there. They allowed me to come down and pick it up,” she said. “I got to identify it and had pictures showing that this is mine, and I was able to bring it back home this morning.”
Mokuahi said whoever lived at the apartment had moved out the day before, but regardless, she’s happy they left the bass behind.
She said her main take away from all of this is not to leave valuables inside your car, and thanks the community for all of their support.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/05/musician-uses-social-media-to-track-down-stolen-family-heirloom/ | 2022-04-05T23:39:35Z |
Deputy struck, killed by drunken driver on final night of field training, sheriff’s office says
SMITH COUNTY, Texas (Gray News) – A Texas deputy was struck and killed by a drunken driver during his last day of field training, according to authorities.
The Smith County Sheriff’s Office said in a release that 29-year-old Deputy Lorenzo Bustos was killed around 12:50 a.m. Friday morning after he and a field training officer conducted a traffic stop.
The officers had taken two people who were in the vehicle into custody.
During the investigation of the traffic stop, Bustos was standing behind his patrol car when another vehicle struck him, according to the sheriff’s office. The force of the vehicle knocked Bustos under the patrol vehicle, where the other officer was sitting in the passenger seat.
The officer got out of the car and attempted to render aid to Bustos.
Bustos was taken to a hospital where he died about five hours later from his injuries.
Authorities said the person behind the wheel of the offending vehicle was charged with intoxication manslaughter.
Bustos served with the Smith County Sheriff’s Office for six months and had been on his final night of training when he was killed. The sheriff’s office said he previously served with the Rusk County Sheriff’s Office and the Henderson County Sheriff’s Office for one year each.
Bustos leaves behind his wife and three children.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/31/deputy-struck-killed-by-drunken-driver-final-night-field-training-sheriffs-office-says/ | 2022-07-31T23:39:25Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Apyx and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 14, 2022, Apyx disclosed that the U.S. Food and Drug Administration ("FDA") would be posting a Medical Device Safety Communication ("MDSC") related to the Company's Advanced Energy Products. The Company further disclosed that "[b]ased on our initial interactions with the FDA, we believe the Agency's MDSC will pertain to the use of our Advanced Energy products outside of their FDA-cleared indication for general use in cutting, coagulation, and ablation of soft tissue during open and laparoscopic surgical procedures."
On this news, Apyx's stock price fell $4.02 per share, or 40.6%, to close at $5.88 per share on March 14, 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.mysuncoast.com/prnewswire/2022/07/21/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-apyx-medical-corporation-apyx/ | 2022-07-21T23:18:15Z |
CHICAGO, July 19, 2022 /PRNewswire/ -- Donnelley Financial Solutions (NYSE: DFIN) will hold a conference call and webcast on Wednesday, August 3, 2022, at 9:00 a.m. Eastern time to discuss its second-quarter fiscal year 2022 financial results, provide a general business update and respond to analyst questions.
A live webcast of the call will also be available on the Company's investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.
If you are unable to participate live, a replay of the webcast will be available following the conference call on the Company's investor relations website, along with the earnings press release, and related financial tables.
DFIN's financial report for the second-quarter will be released before the market opens on Wednesday, August 3, 2022 via a filing with the SEC on Form 8-K and will also be posted on the Company's investor relations website.
About Donnelley Financial Solutions (DFIN)
DFIN is a leading global risk and compliance solutions company. We provide domain expertise, enterprise software and data analytics for every stage of our clients' business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN's end-to-end risk and compliance solutions online at DFINsolutions.com or you can also follow us on Twitter @DFINSolutions or on LinkedIn.
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SOURCE Donnelley Financial Solutions | https://www.wibw.com/prnewswire/2022/07/19/dfin-announce-second-quarter-results-host-investor-conference-call-august-3-2022/ | 2022-07-19T21:15:56Z |
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.kxii.com/prnewswire/2022/09/09/auric-capital-partners-is-latest-1-billion-team-choose-partnered-independence-with-sanctuary-wealth/ | 2022-09-09T18:39:27Z |
- Successful acquisition and integration of ARA – ESR delivered outsized EPS[2] growth of 31.8% year-on-year
- AUM increased 14% year-on-year to US$149 billion[3] supercharged by New Economy which delivered 23% growth to reach US$67 billion[3]
- Total EBITDA[2] and Core PATMI[2],[4] achieved strong growth of 15.3% and 27.3% year-on-year to US$665 million and US$389 million, respectively
- Stabilized Group New Economy occupancy hit a record 96%[5] (99%[5] ex-China) with record leasing of 2.0 million[5] sqm across the portfolio in 1H 2022
- Largest New Economy development workbook in APAC, reaching US$12 billion[5] fuelled by record development starts of US$3.5 billion[5] (up 109% year-on-year) and US$2.0 billion[5] of completions (up 51% year-on-year)
- Robust balance sheet with gearing further reduced to 17.9% on the back of record capital recycling (US$1.4 billion of assets); significant liquidity (US$2.0 billion of cash) on balance sheet and in funds (US$17.9 billion[6] of "dry powder" to deploy)
- Returning value to shareholders with maiden interim dividend of HK$0.125 per share (1.6 US cents) implying a 1.3%[7] dividend yield)
HONG KONG, Aug. 25, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced its results for the six months ended 30 June 2022 ("1H2022").
The Group's adjusted revenue[8] for 1H2022 is US$432 million, up 9.4% from the pro-forma 1H2021 revenue US$395 million. Total EBITDA[2] increased by 15.3% from US$577 million in 1H2021 to US$665 million in 1H2022. PATMI[2] and Core PATMI[2,4] grew 16.8% (from US$353 million in 1H2021 to US$412 million) and 27.3% (from US$306 million to US$389 million) in 1H2022, respectively. Strong recurring income from the growth in the Group's co-investments in funds, associates, and joint ventures contributed to higher PATMI and Core PATMI. Given the weakening of local currencies across APAC in relation to the US dollar in 1H 2022, total PATMI would have increased by 23% from US$353 million in 1H 2021 to US$434 million in 1H 2022 on a like-for-like basis based on forex as of 31 December 2021. Following the successful accretive acquisition of ARA, EPS[2] growth was 31.8% despite the enlarged share base.
Jeffrey Perlman, Chairman of ESR, said: "I am very pleased to report that the Group has delivered stellar performance for 1H 2022. Despite numerous headwinds in the first half of the year including rising interest rates, sustained inflation, increasing geopolitical tensions and zero COVID policies, the ESR Group continues to be able navigate this complex environment effectively to deliver for our shareholders. Our successful acquisition of ARA earlier this year has further expanded our fee base and our New Economy business with the addition of LOGOS has never been stronger. In fact, our development starts and completions were up over 100% and 50% year-over-year, respectively, on the back of record low vacancies, record leasing for our existing portfolio and customers who are pushing us for more space. This has contributed to further growth in our development workbook which represents the largest in APAC at US$12 billion and one of the largest globally.
With an evolving market environment, we also wanted to take advantage of opportunities to lock in gains and actively recycle capital. I am pleased to report that we achieved a record US$1.4 billion of divestments from our balance sheet (returning over US$1.0 billion of cash to the Group), which helped to lock in and crystalize development gains mainly from China. This was more than double our historical annual capital recycling target. Combined with generally lower co-investment stakes on new funds raised, we have succeeded in accelerating our asset light trajectory and are setting ourselves up for improved returns on future capital deployed. From the launch of our first Pan Asia discretionary logistics development vehicle to the Group's inaugural US$1 billion APAC data centre fund, ESR is extending our reach as the leading New Economy real estate platform in Asia Pacific.
Given the strong execution, the Group is well-positioned to deliver sustainable growth to shareholders. We have made our balance sheet more efficient, we have US$17.9 billion[6] of undrawn capital from our funds to deploy and we are benefitting from the addition of ARA's recurring and stable fee revenue. Our strong business fundamentals mean we are ready to commence our maiden dividend to deliver long-term value to shareholders."
Maiden dividend declaration - delivering value to shareholders
The Board of ESR Group has declared an inaugural interim dividend of HK$0.125 (1.6 US cents) per share (which implies a 1.3[7] yield) for the financial year ending 31 December 2022, amounting to US$70 million, which is payable to shareholders on 30 September 2022. The distribution of a dividend follows the announcement of ESR's Dividend Policy last month, underscoring the Group's commitment to deliver returns and continued growth to its shareholders.
Exceptional fund management performance fuelled by strong capital support
ESR Group's Fund Management segment continued to record new highs in terms of performance given the strong support from its capital partners. Fund Management EBITDA[2] increased 9.2% to US$288 million, driven by high recurring fee revenue from higher AUM, record development, leasing fees and solid promotes. This was even a stronger result as the first half 2021 Fund Management EBITDA (on a pro forma basis) was a very robust period for comparison given that it delivered higher EBITDA than in the second half of 2021 (on a pro forma basis). Segment growth was driven by the exceptional growth momentum of the Group's fund AUM which rose 14% to US$146 billion[9] on a normalised basis as well as the record development starts and leasing fees. New Economy AUM grew 23% year-on-year to US$67 billion[3].
The Group continues to see strong capital flows from global institutional investors who are seeking to strategically rebalance their portfolios into New Economy sectors. Supported by the deep capital partner relationships and track record the Group has established, the Group raised US$3.9 billion[6] (over 80% is New Economy focused) through 15 new or upsized funds and mandates. This includes the newly launched Pan Asia discretionary development vehicle and the Group's inaugural US$1 billion APAC data centre fund which comprises a development pipeline of eight seed projects with over 260 megawatts of capacity.
In addition, the Group, in partnership with a leading global institutional investor, acquired a prime logistics and industrial portfolio in Greater Shanghai, China. The portfolio, which consists of 11 completed logistics and industrial assets with a total GFA of over 550,000 sqm, represents the largest logistics and industrial portfolio ever sold in Greater Shanghai. In South Korea, ESR also upsized its second development joint venture with APG and Canada Pension Plan Investment Board ("CPP Investments") by up to US$1 billion for investment in and development of a best-in-class industrial and warehouse logistics portfolio.
As of 30 June 2022, the Group has US$17.9 billion[6] of dry powder capital (equity and debt) to deploy into new investments.
Strong operational and robust leasing performance with near zero vacancy rates in mature markets
The Group achieved strong leasing progress for 1H2022 with a record of over 2.0 million sqm of space leased. This was primarily driven by e-commerce acceleration and supply chain resilience which continues to generate demand for modern, institutional-grade logistics facilities in key gateway markets. Portfolio occupancy reached an all-time high at 96%[5] (99%[5] ex-China) with close to full occupancies in most markets. High occupancy is underpinning strong rental growth in many of the markets in which the Group operates. In particular, ESR has seen an overall positive weighted average portfolio rental reversion of 5.8%[5] which was recorded across the New Economy portfolio. The Group's portfolio has a weighted average lease expiry ("WALE") (by income) of 4.9 years[5] and coupled with relatively subdued supply in many of the markets in which it operates, the Group expects to be able to continue to capture strong rental reversions. In fact, 40% of ESR's lease expiries are due within the next 30 months, positioning the Group to benefit from the outsized rental growth across its major markets.
Record development starts fuel APAC's largest development workbook
ESR has over 38.0 million sqm of GFA in operation and under development across its portfolio and a sizable landbank of over 4.4 million sqm for future development, as of 30 June 2022. For 1H2022, the Group achieved US$3.5 billion worth of development starts, as well as US$2 billion in completions. Given the record low vacancy rates across the portfolio, the Group substantially increased its development starts by 109% year-on-year which was further complemented by development completions which increased by 51% year-on-year. On the back of that continued progress, the Group has US$ 12 billion in development work-in-progress ("WIP"), the largest development workbook in APAC.
ESR's strong development pipeline includes a number of landmark projects that are set to create new benchmarks in the market:
- In Japan, the Group is developing the ESR Yokohama Sachiura Logistics Park in Greater Tokyo. The multi-phase development provides approximately 720,000 sqm logistics space over four phases, set to be the largest logistics park (by value) in Japan and one of the largest ever developed (by value) in APAC upon completion. Its second phase, ESR Yokohama Sachiura Distribution Centre 2, commenced construction in June 2021 and is scheduled for completion in January 2023 (which follows the recent completion in 1H 2022 of Phase I).
- The Group is developing a US$1.5 billion multi-phase logistics park, ESR Kawanishi Distribution Centre, on a 505,647 sqm site in Greater Osaka, unveiling one of the largest and most significant urban rezoning developments to accommodate Japan's ongoing expansion in e-commerce driven New Economy real estate.
- LOGOS and its partners are in the process of developing the US$3 billion Moorebank Logistics Park, Australia's largest intermodal logistics facility at Moorebank in south-western Sydney, into high quality industrial property and infrastructure including initial approval for 850,000 sqm of warehouse opportunities directly adjacent to key rail intermodal facilities being developed by Qube Holdings Limited with direct linkage to Port Botany and the regional New South Wales and interstate rail networks.
- In Singapore, ESR is partnering PGIM Real Estate in a built-to-suit redevelopment to build a 64,490 sqm logistics facility for POKKA, which has signed a 10-year lease to commit a minimum of 70% of the building space.
Key development starts in 1H 2022 included the Sime Darby JV (Malaysia), Moorebank Phase II (Australia), Busan New Port (South Korea), ESR Green Link Estate (Australia) and Kunshan Zhonggang (China). Key development completions included ESR Yokohama Sachiura Distribution Centre 1 in Greater Tokyo and Phases 1 and 2 of Opo Logistics Park in Greater Seoul. ESR KendallSquare, ESR's South Korean platform, completed a total of 520,000 sqm of Class A logistics space in South Korea during the first half of 2022, constituting approximately half of the Group's completions. Upon completion, the logistics space was fully pre-leased to high quality tenants, including one of the largest e-commerce companies in Korea and the logistics arm of a major global electronics provider amongst others.
Strong commitment to a robust balance sheet and an accelerating asset light strategy
The Group continues to take a disciplined approach to financial positioning with a well-capitalised balance sheet with US$2 billion of cash and low net gearing of 17.9%[10] as of 30 June 2022. The Group continues to expand and proactively diversify its funding and capital structure.
- In November 2021, the Group closed its first Sustainability-Linked Loan ("SLL") of US$700 million which was subsequently upsized to US$1 billion at Libor +2.25% and Libor +2.75% for 3-year and 5-year tranches respectively. As of 30 June 2022, the Group has fully drawn down the loan.
- In January 2022, the Group closed a 5-year JPY28 billion SLL, which was upsized to JPY32.5 billion at Tibor +1.8%.
- In May 2022, the Group closed a 5-year S$300 million SLL at SORA +1.65%.
The Group remains focused in its capital recycling strategy and asset-light approach. In 1H2022, the Group divested over US$1.4 billion of its balance sheet investments primarily in China to ESR managed funds, exceeding the Group's annual capital recycling target. The sell down of over 873,000 sqm portfolio in China represented the Group's largest self-developed balance sheet sell-down to date. The Group also executed on the successful tender of its 18.16% holding in China Logistics Property Holdings Co., Ltd in May 2022, receiving US$349 million and crystalizing a strong return on this 4-year investment.
Best-in-class practices to drive Environmental, Social and Governance ("ESG") initiatives across the enlarged Group
The Group has made great progress on its ESG efforts set out in the ESG 2025 Roadmap. To date, the Group has closed a total of approximately US$2.5 billion in Sustainability-Linked Loans ("SLL"), reinforcing the Group's sustainable financing and operations, as it continued to integrate ESG into its financial management, operations and future planning. In June 2022, ESR became a signatory to the United Nations-supported Principles for Responsible Investment ("PRI"), reinforcing its commitment to adopting and promoting responsible investment practices. On diversity and inclusion, the Group continues to have strong female representation of approximately 40% across its workforce, and 60% of its independent non-executive directors who are women.
Sustainability features are increasingly being incorporated in the development of ESR's assets. The Group is working to increase the deployment of rooftop solar power generation across the portfolio, with a target of 50% increase in solar power generation by 2025. Approximately 100 MW of rooftop solar capacity is being set up, including projects planned for this year. To further such commitment and efforts, the Group has commissioned ongoing third-party solar feasibility studies to increase renewable energy performance across the portfolio, leading to improved efficiency of tenants' operations. In June 2022, the Group signed a memorandum of understanding with CLP Power Hong Kong Limited and CLPe Group to leverage their energy and infrastructure solutions expertise to develop sustainable data centres and logistics centre in Hong Kong. In addition, ESR is the first real asset manager to work with Enerbank in Japan to provide environmental value to tenants with the country's authorised Green Energy Certificate system, with ESR's self-generated solar power from its facilities now recognised as part of the power grid in Japan in exchange for renewable energy consumption.
Looking ahead
The Group remains confident in the strong fundamentals and future prospects for real assets. E-commerce acceleration and digital transformation will continue to drive demand for logistics infrastructure and data centres. Moreover, global investors are increasingly consolidating their relationships towards a limited number of large-scale managers and allocating more capital to a smaller roster of platforms. Capitalising on these trends, ESR is firmly focused on accelerating its growth in size, scale and offerings.
Jeffrey Shen and Stuart Gibson, ESR Co-founders and Co-CEOs, said: "We are proud to have delivered outstanding performance for 1H2022. Globally, especially in Asia Pacific, economies are rebounding as many pandemic related restrictions have been eased. We will focus in meeting the outsized demand for logistics, industrial and life science space as a part of a renewed push by governments to onshore key activities. Additionally, we will continue to scale our data centre efforts to deliver on the critical need for digital infrastructure across APAC. With our unique multi-asset class exposure and market leadership positions in APAC, we are poised to deliver a fully integrated one-stop solution to leading global capital partners and customers.
The Group has made great progress in building the foundation for long-term sustainable growth. We are delighted to have the support across our asset management platform from many of the world's leading sovereign wealth funds, pension funds and insurance companies. Whilst we remain cautious about the changing external environment, we are in a strong position to weather any unforeseen headwinds and further capitalise on opportunities that may present themselves."
About ESR
ESR is APAC's largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. With over US$140 billion in total assets under management (AUM), our fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand and Southeast Asia, representing over 95% of GDP in APAC, and also includes an expanding presence in Europe and the U.S. We provide a diverse range of real asset investment solutions and New Economy real estate development opportunities across our private funds business, which allow capital partners and customers to capitalise on the most significant secular trends in APAC. ESR is the largest sponsor and manager of REITs in APAC with a total AUM of US$45 billion. Our purpose – Space and Investment Solutions for a Sustainable Future – drives us to manage sustainably and impactfully and we consider the environment and the communities in which we operate as key stakeholders of our business. Listed on the Main Board of The Stock Exchange of Hong Kong, ESR is a constituent of the FTSE Global Equity Index Series (Large Cap), Hang Seng Composite Index and MSCI Hong Kong Index. More information is available at www.esr.com.
For more information on ESR, please visit www.esr.com.
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SOURCE ESR | https://www.wibw.com/prnewswire/2022/08/26/esr-records-stellar-financial-operational-results-1h20221/ | 2022-08-26T03:06:15Z |
LOS ANGELES, July 20, 2022 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties within Southern California infill markets, today announced financial and operating results for the second quarter of 2022.
Second Quarter 2022 Financial and Operational Highlights:
- Net income attributable to common stockholders of $36.1 million, or $0.22 per diluted share, as compared to $20.6 million, or $0.15 per diluted share, for the prior year quarter.
- Company share of Core FFO of $81.7 million, an increase of 54.7% as compared to the prior year quarter.
- Company share of Core FFO per diluted share of $0.49, an increase of 25.6% as compared to the prior year quarter.
- Consolidated Portfolio Net Operating Income (NOI) of $113.6 million, an increase of 42.5% as compared to the prior year quarter.
- Same Property Portfolio NOI increased 7.0% and Same Property Portfolio Cash NOI increased 10.1% as compared to the prior year quarter.
- 99.1% Average Same Property Portfolio occupancy.
- Comparable rental rates on 1.4 million rentable square feet of new and renewal leases increased by 83.0% compared to prior rents on a GAAP basis and by 61.5% on a cash basis.
- Acquired 18 properties for an aggregate purchase price of $598.9 million.
- Issued a total of 6.0 million shares of common stock for total net proceeds of $419.4 million.
- Ended the quarter with a low-leverage balance sheet measured by a net debt-to-enterprise value ratio of 13.5%.
"Our team's performance through the first half of 2022 demonstrates the strength of our entrepreneurial business model focused on value creation within the infill Southern California industrial market, the world's fourth largest and our nation's highest-demand, lowest vacancy industrial market. Tenant demand continues to exceed supply with overall infill Southern California market vacancy estimated at 0.8%," stated Michael Frankel and Howard Schwimmer, Co-Chief Executive Officers of the Company. "In the second quarter we grew Core FFO by 26% on a per share basis compared to the prior year, driven by Core FFO growth of 55% and consolidated NOI growth of 43%. Our team executed 1.4 million square feet of leasing activity at record releasing spreads of 83% and 62%, on a GAAP and cash basis, respectively, and we completed the quarter with average Same Property occupancy at 99.1%. We completed $599 million of investments in the quarter plus an additional $587 million subsequent to quarter end, bringing our year-to-date total to $1.6 billion. Looking ahead, we have over $500 million of additional investments under contract or accepted offer plus a deep range of accretive internal growth initiatives under-way. We continue to maintain our investment grade, fortress-like balance sheet with a net debt-to-enterprise value ratio of 13.5%, positioning the Company to enable significant value creation for our shareholders."
Financial Results:
The Company reported net income attributable to common stockholders for the second quarter of $36.1 million, or $0.22 per diluted share, compared to $20.6 million, or $0.15 per diluted share, for the prior year quarter. The net income for the prior year quarter includes $2.8 million of gains on sale of real estate. There was no sale of real estate during the current quarter. For the six months ended June 30, 2022, net income attributable to common stockholders was $80.0 million, or $0.49 per diluted share, compared to $45.4 million, or $0.34 per diluted share for the prior year. The net income for the six months ended June 30, 2022 includes $8.5 million of gains on sale of real estate, as compared to $13.6 million for the prior year.
The Company reported Core FFO for the second quarter of $81.7 million, representing a 54.7% increase compared to $52.8 million for the prior year quarter. The Company reported Core FFO of $0.49 per diluted share, representing an increase of 25.6% compared to $0.39 per diluted share for the prior year quarter. For the six months ended June 30, 2022, Core FFO was $158.3 million, representing a 56.5% increase compared to $101.2 million for the prior year. For the six months ended June 30, 2022, the Company reported Core FFO of $0.97 per diluted share, representing an increase of 27.6% compared to $0.76 per diluted share for the prior year.
In the second quarter, the Company's consolidated portfolio NOI on a GAAP and Cash basis increased 42.5% and 38.6%, respectively, compared to the prior year quarter. For the six months ended June 30, 2022, the Company's consolidated portfolio NOI on a GAAP and Cash basis increased 41.7% and 38.1%, respectively, compared to the prior year.
In the second quarter, the Company's Same Property Portfolio NOI increased 7.0% compared to the prior year quarter, driven by an 8.0% increase in Same Property Portfolio rental income and an 11.0% increase in Same Property Portfolio expenses. Same Property Portfolio Cash NOI increased 10.1% compared to the prior year quarter. When adjusted for the impact of short-term rent deferral agreements executed in response to the COVID-19 pandemic, Same Property Portfolio Cash NOI increased 10.5% compared to the prior year quarter.
For the six months ended June 30, 2022, the Company's Same Property Portfolio NOI increased 7.5% compared to the prior year, driven by an 8.5% increase in Same Property Portfolio rental income and an 11.6% increase in Same Property Portfolio expenses. Same Property Portfolio Cash NOI increased 10.9% compared to the prior year. When adjusted for the impact of short-term rent deferral agreements executed in response to the COVID-19 pandemic, Same Property Portfolio Cash NOI increased 11.4% compared to the prior year.
Operating Results:
Second quarter 2022 leasing activity demonstrates strong tenant demand fundamentals within Rexford Industrial's target Southern California infill markets:
At June 30, 2022, the Company's Same Property Portfolio occupancy was 98.9%. Average Same Property Portfolio occupancy for the second quarter 2022 was 99.1%. At June 30, 2022, the Company's consolidated portfolio, excluding value-add repositioning assets, was 98.2% occupied and 98.3% leased, and the Company's consolidated portfolio, including value-add repositioning assets, was 95.2% occupied and 95.9% leased.
Transaction Activity:
During the second quarter of 2022, the Company completed 18 acquisitions with 1.4 million square feet of buildings on 85.5 acres of land, including 15 acres of land for near term redevelopment, for an aggregate purchase price of $598.9 million. These investments are projected to generate a weighted average unlevered initial yield of 2.5% and an estimated stabilized yield on total investment of 5.1%. Second quarter acquisitions included one UPREIT transaction, whereby the Company issued 954,000 operating partnership units representing $56.2 million of purchase price value.
Subsequent to the second quarter of 2022, the Company completed five acquisitions with 1.4 million square feet of buildings on 65.2 acres of land, for an aggregate purchase price of $587.4 million. Year to date, the Company has completed 37 acquisitions with 4.3 million square feet of buildings on 233.0 acres of land, including 28 acres of land for near term redevelopment, for an aggregate purchase price of $1.6 billion. In aggregate, these investments are projected to generate a weighted average unlevered initial yield of 2.9% and an estimated stabilized yield on total investment of 4.6%.
During the second quarter of 2022, the Company stabilized one repositioning project with 62,607 square feet and $19.5 million of total investment at a 6.9% unlevered stabilized yield. Year to date, the Company has stabilized two repositioning/redevelopment projects with 173,867 square feet and $36.9 million of total investment at a 6.8% unlevered stabilized yield.
Balance Sheet:
The Company ended the second quarter with $1.5 billion in liquidity, including $34.3 million in cash on hand, $875.0 million available under its unsecured revolving credit facility and an estimated $552.1 million of forward equity proceeds available for settlement to occur before the third quarter of 2023. As of June 30, 2022, the Company had $1.7 billion of outstanding debt, with an average interest rate of 2.7% and an average term-to-maturity of 6.8 years.
On May 26, 2022, the Company amended its senior unsecured credit agreement to increase the borrowing capacity of its unsecured revolving credit facility to $1.0 billion from $700 million and to add a $300 million unsecured term loan facility. The proceeds from the $300 million term loan were used to repay the Company's $150 million term loan due in 2025, terminate the associated swap, partially pay down outstanding borrowings under the unsecured revolving credit facility and for general corporate purposes. The maturity date of the unsecured revolving credit facility is May 26, 2026 (with two extensions options of six months each) and the maturity date of the term loan facility is May 26, 2027.
On May 27, 2022, the Company renewed its at-the-market program ("ATM program") to include $1.0 billion of capacity with the option to offer shares on a forward basis.
During the second quarter, the Company executed on its prior and renewed ATM programs, selling 12,002,480 shares of common stock subject to forward sale agreements at an average price of 62.55 per share for a gross value of $750.8 million. On June 29, 2022, the Company partially settled these forward equity sale agreements and outstanding forward equity sale agreement from the prior quarter by issuing 5,967,783 shares of common stock for net proceeds of $419.4 million.
As of June 30, 2022, the $1.0 billion ATM program had approximately $536.5 million of remaining capacity.
Subsequent to the second quarter of 2022, the Company amended its senior unsecured credit agreement to add a $400 million unsecured term loan with a maturity date of July 19, 2024 (with two extensions options of one year each). Proceeds from the $400 million term loan were used to fund acquisitions closed subsequent to quarter end, reduce outstanding borrowings under the unsecured revolving credit facility and for general corporate purposes.
Dividends:
On July 18, 2022, the Company's Board of Directors declared a dividend in the amount of $0.315 per share for the third quarter of 2022, payable in cash on October 15, 2022, to common stockholders and common unit holders of record as of September 30, 2022.
On July 18, 2022, the Company's Board of Directors declared a quarterly dividend of $0.367188 per share of its Series B Cumulative Redeemable Preferred Stock and a quarterly dividend of $0.351563 per share of its Series C Cumulative Redeemable Preferred Stock, in each case, payable in cash on September 30, 2022, to preferred stockholders of record as of September 15, 2022.
Guidance
The Company is revising its full year 2022 guidance as indicated below. The Core FFO guidance refers only to the Company's in-place portfolio as of July 20, 2022, and does not include any assumptions for other acquisitions, dispositions or related balance sheet activities that have not closed. Please refer to the Company's supplemental information package for a complete list of guidance and 2022 Guidance Rollforward.
A number of factors could impact the Company's ability to deliver results in line with its guidance, including, but not limited to, the impact of the ongoing COVID-19 pandemic, interest rates, the economy, the supply and demand of industrial real estate, the availability and terms of financing to the Company or to potential acquirers of real estate and the timing and yields for divestment and investment. There can be no assurance that the Company can achieve such results.
Supplemental Information and Investor Presentation:
The Company's supplemental financial reporting package as well as an updated investor presentation are available on the Company's investor relations website at www.ir.rexfordindustrial.com.
Earnings Release, Investor Conference Webcast and Conference Call:
A conference call with senior management will be held on Thursday, July 21, 2022, at 1:00 p.m. Eastern Time.
To participate in the live telephone conference call, please dial 1-877-407-0789 (for domestic callers) or 1-201-689-8562 (for international callers) at least five minutes prior to start time. A webcast of the conference call will also be available in a listen-only mode at ir.rexfordindustrial.com.
Conference call playback will be available through August 21, 2022, and can be accessed by dialing 1-844-512-2921 (for domestic callers) or 1-412-317-6671 (for international callers), using the pass code 13730258.
About Rexford Industrial:
Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand, lowest supply market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprises 335 properties with approximately 40.8 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange under the ticker "REXR," Rexford Industrial is an S&P MidCap 400 Index member. For more information, please visit www.rexfordindustrial.com
Forward Looking Statements:
This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. While forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2021, and other filings with the Securities and Exchange Commission. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.
Definitions / Discussion of Non-GAAP Financial Measures:
Funds from Operations (FFO): We calculate FFO in accordance with the standards established by the National Association of Real Estate Investment Trusts ("NAREIT"). FFO represents net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from sales of depreciable operating property, gains (or losses) from sales of assets incidental to our business, impairment losses of depreciable operating property or assets incidental to our business, real estate related depreciation and amortization (excluding amortization of deferred financing costs and amortization of above/below-market lease intangibles) and after adjustments for unconsolidated joint ventures. Management uses FFO as a supplemental performance measure because, in excluding real estate related depreciation and amortization, gains and losses from property dispositions, other than temporary impairments of unconsolidated real estate entities, and impairment on our investment in real estate, it provides a performance measure that, when compared year over year, captures trends in occupancy rates, rental rates and operating costs. We also believe that, as a widely recognized measure of performance used by other REITs, FFO may be used by investors as a basis to compare our operating performance with that of other REITs. However, because FFO excludes depreciation and amortization and captures neither the changes in the value of our properties that result from use or market conditions nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effects and could materially impact our results from operations, the utility of FFO as a measure of our performance is limited. Other equity REITs may not calculate or interpret FFO in accordance with the NAREIT definition as we do, and, accordingly, our FFO may not be comparable to such other REITs' FFO. FFO should not be used as a measure of our liquidity and is not indicative of funds available for our cash needs, including our ability to pay dividends. FFO should be considered only as a supplement to net income computed in accordance with GAAP as a measure of our performance. A reconciliation of net income, the nearest GAAP equivalent, to FFO is set forth below. "Company Share of FFO" reflects FFO attributable to common stockholders, which excludes amounts allocable to noncontrolling interests, participating securities and preferred stockholders.
Core Funds from Operations (Core FFO): We calculate Core FFO by adjusting FFO to exclude the impact of certain items that we do not consider reflective of our core revenue or expense streams. These adjustments consist of (i) acquisition expenses, (ii) loss on extinguishment of debt, (iii) the amortization of the loss on termination of interest rate swaps and (iv) other amounts as they may occur. Management believes that Core FFO is a useful supplemental measure as it provides a more meaningful and consistent comparison of operating performance and allows investors to more easily compare the Company's operating results. Because certain of these adjustments have a real economic impact on our financial condition and results from operations, the utility of Core FFO as a measure of our performance is limited. Other REITs may not calculate Core FFO in a consistent manner. Accordingly, our Core FFO may not be comparable to other REITs' Core FFO. Core FFO should be considered only as a supplement to net income computed in accordance with GAAP as a measure of our performance. A reconciliation of FFO to Core FFO is set forth below. "Company Share of Core FFO" reflects Core FFO attributable to common stockholders, which excludes amounts allocable to noncontrolling interests, participating securities and preferred stockholders.
Reconciliation of Net Income Attributable to Common Stockholders per Diluted Share Guidance to Company share of Core FFO per Diluted Share Guidance:
The following is a reconciliation of the Company's 2022 guidance range of net income attributable to common stockholders per diluted share, the most directly comparable forward-looking GAAP financial measure, to Company share of Core FFO per diluted share.
Net Operating Income (NOI): NOI is a non-GAAP measure, which includes the revenue and expense directly attributable to our real estate properties. NOI is calculated as rental income from real estate operations less property expenses (before interest expense, depreciation and amortization). We use NOI as a supplemental performance measure because, in excluding real estate depreciation and amortization expense and gains (or losses) from property dispositions, it provides a performance measure that, when compared year over year, captures trends in occupancy rates, rental rates and operating costs. We also believe that NOI will be useful to investors as a basis to compare our operating performance with that of other REITs. However, because NOI excludes depreciation and amortization expense and captures neither the changes in the value of our properties that result from use or market conditions, nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of our properties (all of which have a real economic effect and could materially impact our results from operations), the utility of NOI as a measure of our performance is limited. Other equity REITs may not calculate NOI in a similar manner and, accordingly, our NOI may not be comparable to such other REITs' NOI. Accordingly, NOI should be considered only as a supplement to net income as a measure of our performance. NOI should not be used as a measure of our liquidity, nor is it indicative of funds available to fund our cash needs.
NOI should not be used as a substitute for cash flow from operating activities in accordance with GAAP. We use NOI to help evaluate the performance of the Company as a whole, as well as the performance of our Same Property Portfolio. A calculation of NOI for our Same Property Portfolio, as well as a reconciliation of net income to NOI for our Same Property Portfolio, is set forth below.
Cash NOI: Cash NOI is a non-GAAP measure, which we calculate by adding or subtracting from NOI: (i) fair value lease revenue and (ii) straight-line rent adjustments. We use Cash NOI, together with NOI, as a supplemental performance measure. Cash NOI should not be used as a measure of our liquidity, nor is it indicative of funds available to fund our cash needs. Cash NOI should not be used as a substitute for cash flow from operating activities computed in accordance with GAAP. We use Cash NOI to help evaluate the performance of the Company as a whole, as well as the performance of our Same Property Portfolio. A calculation of Cash NOI for our Same Property Portfolio, as well as a reconciliation of net income to Cash NOI for our Same Property Portfolio, is set forth below.
Same Property Portfolio: Our 2022 Same Property Portfolio is a subset of our consolidated portfolio and includes properties that were wholly owned by us for the period from January 1, 2021 through June 30, 2022, and excludes properties that were acquired or sold during the period from January 1, 2021 through June 30, 2022, and properties acquired prior to January 1, 2021, that were classified as current or future repositioning, redevelopment or lease-up during 2021 or 2022 (unless otherwise noted), which we believe significantly affected the properties' results during the comparative periods. As of June 30, 2022, our 2022 Same Property Portfolio consists of 224 properties aggregating 28,581,635 rentable square feet.
Properties and Space Under Repositioning: Typically defined as properties or units where a significant amount of space is held vacant in order to implement capital improvements that improve the functionality (not including basic refurbishments, i.e., paint and carpet), cash flow and value of that space. A repositioning is generally considered complete once the investment is fully or nearly fully deployed and the property is available for occupancy. We consider a repositioning property to be stabilized at the earlier of the following: (i) upon reaching 90% occupancy or (ii) one year from the date of completion of repositioning construction work.
Net Debt to Enterprise Value: At June 30, 2022, we had consolidated indebtedness of $1.7 billion, reflecting a net debt to enterprise value of approximately 13.5%. Our enterprise value is defined as the sum of the liquidation preference of our outstanding preferred stock and preferred units plus the market value of our common stock excluding shares of nonvested restricted stock, plus the aggregate value of common units not owned by us, plus the value of our net debt. Our net debt is defined as our consolidated indebtedness less cash and cash equivalents.
Contact:
Investor Relations:
Stephen Swett
424-256-2153 ext 401
investorrelations@rexfordindustrial.com
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SOURCE Rexford Industrial Realty, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/20/rexford-industrial-announces-second-quarter-2022-financial-results/ | 2022-07-20T21:30:48Z |
PHILADELPHIA, July 13, 2022 /PRNewswire/ -- Leading national maritime disaster attorneys Robert J. Mongeluzzi and Jeffrey Goodman, from Saltz Mongeluzzi & Bendesky, are raising numerous safety concerns following the private charter passenger boat, Stimulus Money, incident yesterday afternoon on the Hudson River, in Midtown Manhattan, that resulted in the drowning deaths of two of the capsized vessel's 12 passengers, a seven-year-old boy and a 47-year-old woman, according to published reports.
"We are deeply saddened by this catastrophe," said SMB partner and maritime safety advocate Jeffrey P. Goodman. "We expect, based on past experience, that investigators will be heavily focused on this vessel's capacity limit and issues of possible overloading. Every passenger vessel has a capacity limit. Overloading boats compromises stability and places all passengers in harm's way. Additionally, we expect investigators to explore whether the vessel had an adequate number of child and adult lifejackets available for all passengers."
Saltz Mongeluzzi & Bendesky PC has been lead counsel on behalf of victim families in numerous high-profile maritime tragedies over the last decade including: the sinking of the Conception Dive Boat in California in 2019 where 34 people died, the sinking of a Duck Boat in Missouri in 2018 where 17 people died, the sinking of a pleasure craft on Oyster Bay, Long Island in 2012 where 3 children died, and the barge accident on the Delaware River of 2010 where 2 children died.
For more information on SMB and its history representing clients of maritime disasters, visit www.smbb.com. Mr. Mongeluzzi and Mr. Goodman can be reached via email and phone.
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SOURCE Saltz Mongeluzzi & Bendesky | https://www.kxii.com/prnewswire/2022/07/13/saltz-mongeluzzi-amp-bendesky-maritime-disaster-lawyers-raise-safety-concerns-after-yesterdays-hudson-river-drowning-deaths/ | 2022-07-13T16:10:20Z |
Protective Enclosures Company (Makers of The TV Shield Outdoor TV Enclosure) Celebrates 50 Country Milestone with Video: Throws Football at TV, Shoots it with Pellet Gun, and More
ALTAMONTE SPRINGS, Fla., May 10, 2022 /PRNewswire/ -- Protective Enclosures Company (makers of The TV Shield) released a video to celebrate selling products in 50 countries as of 2022. Protective Enclosures Company is known for pioneering cutting-edge TV and outdoor digital signage protection enclosures.
PEC CEO, Jarad King, throws a football at a TV, sprays it with water, and more in the celebratory 50 country milestone video. This footage demonstrates The TV Shield protecting the TV from high impact. Outdoor TVs or digital signs without enclosures don't boast the same robust impact, theft, and vandalism durability. In addition, enclosures protect media devices such as Roku or Apple TV. A popular electronics and outdoor living product, The TV Shield outdoor TV cabinet protects from water, hot and cold temperatures, bugs, dust, moisture, tampering, and many more threats that would otherwise hinder putting a TV outside or in harsh environments. They are manufactured in the USA using High Molecular-Weight Polyethylene high-quality 20-year durability outdoor rated polymer and they feature a shatterproof polycarbonate front shield.
The PEC 50 Country Milestone Video also highlights over a decade of notable moments including features on the news and TV shows like Designing Spaces and Bar Rescue. PEC Co-Founder and CEO, Jarad King, stated, "Protective Enclosures Company works hard to not only make sure our products are the best quality, but we also make sure our customer service is top-of-the-line. We put persistent work into best meeting the needs of customers. We are ecstatic when we achieve wonderful milestones like selling into 50 countries because that means our hard work is paying off and customers are happy."
PEC protects TVs and displays at homes and businesses across the globe. From digital signage for restaurants, banks, hotels, and theme parks to sports arenas and manufacturing facilities, PEC enclosures can be found at locations such as Wendy's, TGI Fridays, Subway, Whole Foods, Six Flags, Marriott, UCF, Georgia Tech's Stadium, Nestle Purina, Southwest Airlines, and many more.
* All PEC logos and product names are owned by PEC. Other company and product names may be trademarks of their respective owners. PEC does not claim official endorsement of any named businesses.
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SOURCE Protective Enclosures Company, LLC | https://www.mysuncoast.com/prnewswire/2022/05/10/tv-shield-ceo-throws-football-tv-celebrates-50-country-milestone/ | 2022-05-10T14:39:24Z |
WAUKEE, Iowa , June 17, 2022 /PRNewswire/ -- Blue Frog announced June 17 that it reached the elite tier of HubSpot's Solutions Partner Program. HubSpot, a leading CRM platform for scaling companies, works hand-in-hand with partner experts to grow their businesses through inbound software, services and support.
"Our experience with the team at Blue Frog has been nothing short of extraordinary. Their years of experience and quality of skilled staff has earned them a trusted reputation within the HubSpot ecosystem as a reliable partner capable of delivering remarkable experiences for our most sophisticated clients," said Brian Garvey, VP, Solutions Partner Program at HubSpot.
Blue Frog is a member of HubSpot's Solutions Partner Program, an ecosystem of experts offering marketing, sales, customer service, web design and CRM services. It's a global community that believes putting customers first is the key to growth, and enables its members to offer a wide variety of sophisticated solutions across the entire customer experience.
To achieve elite tier status, a solutions partner must generate $65,000 in sold monthly recurring revenue and manage $170,000 in recurring monthly revenue.
President John Campbell, since founding the company in 2009, has grown Blue Frog into one of the leading strategic growth firms in the United States. The company's growth can largely be attributed to a commitment to customer success along with HubSpot's inbound marketing philosophy, incorporating strategies that attract, engage and delight customers.
ABOUT BLUE FROG
Established in 2009 by John Campbell, Blue Frog is a privately-owned strategic growth firm offering services ranging from website design and development, data orchestration, branding, inbound marketing, digital advertising, HubSpot and ZoomInfo strategy, and content marketing.
Recognized by "Inc. Magazine" as one of the "Best Places to Work" and an elite tier HubSpot solutions partner, Blue Frog is recognized as one of the leading growth consultancies in the US. To learn more about Blue Frog, visit www.bluefrogdm.com.
MEDIA CONTACT
Name: Kelsey Halverson
Company Name: Blue Frog
Phone: 515-221-2214
Email: khalverson@bluefrogdm.com
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SOURCE Blue Frog | https://www.wibw.com/prnewswire/2022/06/17/blue-frog-becomes-an-elite-tier-hubspot-solutions-partner/ | 2022-06-17T19:30:47Z |
Grandview Plaza Police ask for help finding stolen vehicle
Published: Sep. 18, 2022 at 2:16 PM CDT|Updated: 8 minutes ago
GRANDVIEW PLAZA, Kan. (WIBW) - Grandview Plaza Police have asked for the public’s help to find a stolen vehicle.
The Grandview Plaza Police Department says it needs the public’s help to find a vehicle reported stolen out of the city over the weekend.
Officials have described the vehicle as a tan Lincoln Zephyr with a crack in the middle of the front windshield and newer rims.
If anyone sees the vehicle, they should call the police department at 785-762-5912.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/18/grandview-plaza-police-ask-help-finding-stolen-vehicle/ | 2022-09-18T19:25:39Z |
NEW DELHI (AP) — Indian investigators have raided an Indian subsidiary of Chinese smartphone maker Oppo, accusing it of evading customs duties totaling 43.9 billion rupees ($551 million), the government said Wednesday.
The Enforcement Directorate, India’s financial crime investigation agency, said it sent a notice to the company seeking recovery of the money.
Oppo India, a subsidiary of China’s Guangdong Oppo Mobile Telecommunications Corp. Ltd, is the second Chinese mobile company to be searched by the directorate this month.
The actions underscore the tough scrutiny of Chinese companies following a Himalayan border standoff between the armies of the two nuclear-armed neighbors that began in 2020. Twenty Indian and four Chinese soldiers have been killed in the standoff.
Citing security concerns, India has also banned more than 300 Chinese mobile apps and has tightened rules on Chinese investment in India.
Oppo India is engaged in manufacturing, assembling, wholesaling and distributing mobile handsets and accessories in India.
In a statement, the directorate accused Oppo India of using ineligible duty exemptions totaling 2.9 billion rupees ($377 million) and improperly accounting for royalty and license fees. It said a large amount of money had been remitted to China to avoid payment of taxes in India.
A spokesperson for Oppo India could not immediately be reached for comment. Chinese Foreign Ministry spokesperson Zhao Lijian said in Beijing earlier this month that the Chinese government requires Chinese businesses doing business abroad to abide by local laws and regulations and supports the companies’ efforts to safeguard their rights and interests.
“We hope India will conduct investigations and law enforcement in accordance with the law, and provide a fair, just and non-discriminatory business environment for Chinese enterprises’ investment and operation in India,” Zhao said.
Indian investigators said last Thursday they searched dozens of offices of Chinese-owned Vivo Mobile India Private Limited as part of an investigation focusing on allegations of money laundering by the smartphone maker.
India’s Enforcement Directorate said it seized 119 bank accounts with 4.65 billion rupees ($58.76 million), 2 kilograms (4.4 pounds) of gold bars and 7.3 million rupees ($92,405) in cash during the raids of the company owned by China’s BBK Electronics. | https://cw33.com/business/ap-business/india-raids-second-chinese-mobile-company-this-month/ | 2022-07-14T12:09:51Z |
NEW YORK, April 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rivian Automotive, Inc. ("Rivian Automotive, Inc." or the "Company") (NASDAQ: RIVN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rivian Automotive, Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of investors that purchased or otherwise acquired Rivian common stock pursuant and/or traceable to Rivian's initial public offering on November 10, 2021 and/or between November 10, 2021, and March 10, 2022. Follow the link below to get more information and be contacted by a member of our team:
RIVN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: Documents issued in connection with the initial public offering contained representations that were materially inaccurate, misleading, and/or incomplete because they failed to disclose, among other things, that the R1T electric pickup truck and R1S electric SUV were underpriced to such a degree that Rivian would have to raise prices shortly after the IPO and that these price increases would tarnish Rivian's reputation as a trustworthy and transparent company and would put a significant number of the existing backlog of 55,400 preorders, along with future preorders, in jeopardy of cancellation.
WHAT'S NEXT? If you suffered a loss in Rivian Automotive, Inc. during the relevant time frame, you have until May 6, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/04/21/rivn-lawsuit-alert-levi-amp-korsinsky-notifies-rivian-automotive-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-04-21T11:13:09Z |
BROOMFIELD, Colo., July 3, 2022 /PRNewswire/ -- At Backyard Farming Supply, they believe that eating healthy starts at home. They figure hey, if you love your veggies and want to live long, don't worry! A new study by Harvard T.H. Chan School of Public Health has discovered that eating lots of fruits and vegetables may help increase the human lifespan! The study, published in the British Medical Journal, investigated over 130,000 Americans from 1992-1996 and tracked their dietary habits over the next 24 years. In the end, researchers found that people who consumed more than five servings of fruits and vegetables per day had an 11% lower risk of death during the follow-up period compared to those who consumed less than one serving per day.
The benefits of a plant-based diet are seemingly endless. Plants tend to be packed with fiber, which can help lower cholesterol levels and regulate bowel movements. They're also high in important nutrients like potassium, folate, magnesium, vitamin C, riboflavin, manganese, and dietary fiber—all of which contribute to our body's ability to function efficiently. In fact, eating a diet rich in fruits and vegetables is one of the easiest ways we can stay on top of our health.
According to The American Heart Association, men need at least 5 servings of fruits and vegetables daily, and women need at least 7. That's roughly 2 cups of fruits and veggies per day for men and 2.5 cups for women. These are just minimum recommendations—the more you can eat, of course, the better!
Start small. If you're not a vegetarian, start by reducing your meat intake to once per day. Then try adding more plants to each meal. Use tomato-based sauces, top your food with avocado or guacamole, or throw some spinach into your next stir-fry. Over time, you can incorporate more plant foods into your meals—and see how much healthier you feel in return!
While people often think of vegetables when they think of plants, there are plenty of other plant-based foods you can incorporate into your diet. Whole grains, fruits, vegetables, legumes (beans), nuts, and seeds are all plants. Plants have many different nutrients that your body needs to stay strong and healthy, including protein, vitamin C, calcium, and iron. Adding more of these foods to your diet can help you get all of these benefits as well as gain protection against cancer.
Tip #1: Practice moderation to avoid consuming an excess of added sugar, salt, fat, etc. Tip #2: Invest in a well-stocked pantry to make cooking plant-based meals at home easier. Tip #3: Experiment with different recipes until you find your favorite combinations. For example, give tofu a try if you're worried about missing meat or want to try something new when you cook plant-based meals at home.
If you're interested in learning more about how to start your own garden so that you can start eating healthier for cheaper at your own home, please contact Backyard Farming Supply. Their people have the knowledge and tools to help make your garden successful, sustainable and prolific! Contact them today!!
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SOURCE Backyard Farming Supply | https://www.wibw.com/prnewswire/2022/07/03/looking-live-long-healthy-life-eating-plants-may-be-answer/ | 2022-07-03T16:37:13Z |
7,000,000 organizations applied. 5,000 make the list. Leaving Pioneer in the top .01% of fastest- growing private American companies.
MINNEAPOLIS, Aug. 18, 2022 /PRNewswire/ -- Inc. revealed that Pioneer Management Consulting is No. 2198 on its annual Inc. 5000 list, which ranks 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. Inc. 5000 honorees have not only been successful but have also demonstrated resilience amid challenging market conditions.
Brian Westerhaus, Partner and Founder expresses his respect for other honorees:
"We have tremendous respect for every company on this list, especially our fellow entrepreneurs and small businesses owners. From our company to yours—thank you—for having the courage and grit it takes to start businesses, create jobs, fuel the economy, and serve in more important and innovative ways than imaginable. We are proud to be on this list with you."
- Approaching every decision it makes through the lens of its core values; humble, hungry and connected
- Creating new ways for employees to stay connected to the organization, their colleagues and clients, resulting in a 99% employee engagement score
- Focusing on complete client satisfaction—so much so, that it only incents consultants to do good work, resulting in a 97% client satisfaction score
- Introducing a national organizational design and opening a second office in Denver, CO, in 2022.
Molly Koenen, Partner and Co-Owner expresses her gratitude:
"To our clients, thank you for trusting us. We don't take that responsibility lightly.
Know our growth objectives remain the same:
(1) To get to 75 of the most elite consultants in each market,
(2) So we can continue to serve in guaranteed ways,
(3) To accumulate the capital we need to invest in the communities we care about most.
Most importantly, a huge thank you to team Pioneer.
There can't be a more talented, passionate, and funny team on the planet. We're so grateful."
Pioneer was founded in 2009 in Minneapolis to create local jobs in service to the companies we admire– a consulting experience that is strikingly better for all. Its core values: humble, hungry, and connected, serve as the lens through which all its decisions are filtered.
Pioneer serves some of the world's most reputable organizations nationally, that have complex transformation projects planned or underway through each of its four disciplines:
- Strategy
- Execution
- Organizational Change
- Data Analytics
Pioneer continues to experience rapid growth with 60 employees in Minnesota and Colorado, and has received other recognition including Star Tribune's Top 200 Workplaces and a MN Fast 50 awardee.
Media Contact
Rachele Hepburn
Director of Marketing
Email: rachele.hepburn@thepioneerteam.com
Cell: 612-708-3028
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.
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SOURCE Pioneer Management Consulting | https://www.wibw.com/prnewswire/2022/08/18/pioneer-management-consulting-ranks-no-2198-inc-5000-fastest-growing-private-companies-list/ | 2022-08-18T21:51:47Z |
SHANGHAI, Aug. 1, 2022 /PRNewswire/ -- JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, today announced it has been named as one of the 50 smartest companies in China by MIT Technology Review for its outstanding innovation in solar technology R&D.
The influential technology publication has published its list of the 50 companies that best combine innovative technology with an effective business model annually since 2010. MIT Technology Review's 50 smartest companies list is based on evaluation of the companies' core competence with innovations in emerging technologies or breakthrough business models.
As the first company to have broken solar cell efficiency world records 19 times and the first company than can develop and mass-produce solar cell with an efficiency up to 25%, JinkoSolar's solar products have served over 3000 clients in more than 170 countries and regions around the world. With its Tiger Neo panel integrating N-Type TOPCon, JinkoSolar has opened a new horizon for the advancement of solar PV technology.
JinkoSolar N-type TOPCon module Tiger Neo achieves higher efficiency than today's standard PERC modules, meanwhile, its outstanding bifacial factor, low-temperature coefficient, lower levelized cost of electricity, and 30-year linear warranty all add up to a superior power generation performance, which demonstrates itself as one of the most advanced and popular modules in the current industry. Undoubtedly, the MIT Award is the best recognition of JinkoSolar's industry-leading technology and products.
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SOURCE JinkoSolar | https://www.mysuncoast.com/prnewswire/2022/08/01/n-type-topcon-be-new-mainstream-jinkosolar-named-one-50-smartest-companies-2021-by-mit-technology-review/ | 2022-08-01T10:54:41Z |
IRVING, Texas, Aug. 31, 2022 /PRNewswire/ -- NorthStar Anesthesia, an industry leader in delivering modernized anesthesia care for nearly two decades, will now provide services for UT Health Tyler and The University of Texas at Tyler Health Science Center as the company continues to expand its footprint in Eastern Texas.
"I'm very excited to announce that we will now provide anesthesia care at UT Health Tyler and participate in a residency program to improve education for anesthesia providers in the community," said NorthStar CEO Adam Siegel. "We are committed to delivering high-quality care at all of the facilities we serve as we continue to grow across the state."
UT Health Tyler, part of Ardent Health Services, is a 432-bed hospital in Tyler, Texas, with over 2,000 employees. NorthStar transitioned to provide anesthesia services on August 1, 2022, retaining 100% of incumbent CRNAs and recruiting new providers to ensure there were no interruptions in patient care.
"At UT Health Tyler, we prioritize compassionate care that is driven by technology and research," said Dr. Tom Cummins, Chief Medical Officer at UT Health East Texas. "We strive to offer excellent health services to our community, and we are proud to work with NorthStar as our anesthesia provider."
As part of this partnership, NorthStar plans to participate in a residency program to improve training for anesthesiologists at the hospital. UT Health Tyler and NorthStar hope to launch the program in July 2024.
"As a surgeon, I know that it's critical to have a great anesthesia team in the OR," said Dr. Paul Detwiler, a practicing neurosurgeon at UT Health Tyler. "NorthStar will enable us to provide the best care for our patients and we are very excited to see how the residency program will train the next generation of providers."
To learn more about NorthStar Anesthesia, visit www.northstaranesthesia.com.
About NorthStar Anesthesia
NorthStar Anesthesia is a company of caregivers, founded by an anesthesiologist and a Certified Registered Nurse Anesthetist (CRNA). With more than 2,000 anesthesiologists and CRNAs under its banner, NorthStar partners with more than 180 health care facilities to deliver a more productive and efficient model of anesthesia care. Its "care team" approach focuses on the provision of high-quality care while measurably improving operating room performance. For more information, visit www.northstaranesthesia.com.
About UT Health East Texas
UT Health East Texas provides care to thousands of patients each year through an extensive regional network that includes 10 hospitals, more than 50 clinics, the Olympic Plaza Tower, 13 regional rehabilitation facilities, two freestanding emergency centers, regional home health services covering 41 counties, an EMS fleet of more than 50 ambulances and four helicopters, and a comprehensive seven-trauma center care network, including the region's only Level 1 trauma facility.
As a partner with The University of Texas System, UT Health East Texas is uniquely positioned to provide patients with access to leading-edge research and clinical therapies while training and educating the next generation of physicians and other health professionals. The nationally recognized UT System also includes UT MD Anderson Cancer Center in Houston, UT Southwestern Medical Center in Dallas, as well as three other major university medical centers located throughout the state.
Media Contact:
Emma Novak
Trident DMG
(202) 557-5559
enovak@tridentdmg.com
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SOURCE NorthStar Anesthesia | https://www.mysuncoast.com/prnewswire/2022/08/31/northstar-anesthesia-announces-new-services-residency-program-ut-health-tyler/ | 2022-08-31T14:07:59Z |
CITY OF INDUSTRY, Calif., June 2, 2022 /PRNewswire/ -- The outdoor lifestyle is a leisure most people choose or yearn for. Whether it's an outdoor picnic outdoor camping, or an outdoor barbecue, these outdoor activities will help someone relax from the fast-paced city. When it comes to the outdoor lifestyle, how can a mobile refrigerator benefit? Setpower has been working to provide more energy efficient outdoor living, thus, the X50 was made.
- Powered by DC power source, AC wall outlet, power station, solar panel
- Removable built-in battery as an outdoor emergency power supply device
- -4F~68F deep cooling range
- Extra-large sturdy wheels and retractable pull rod for easier use outdoor
- Inductive (wireless) charging for your mobile phone (in case the phone comes with this function), USB output charge
- humanized design, drain plug, bottle-opener
Many people may have concerns from the lack of energy when using refrigerators outdoors. Setpower X50 will alleviate this problem to some extent. Compatible with most batteries and solar panels on the market, the X50 can be powered by solar panel directly (not just plugged into a cigarette socket, AC power or power bank). A variety of energy options is available. 52200mAH built-in battery can power the X50 up to 5.5 hours. This means there is no need to worry about using the X50 for short periods of time outdoors, in addition, mobile phone can be charged through the wireless charging board.
As a portable refrigerator, people are most concerned about the refrigeration performance. The X50 has a high efficiency compressor with low noise and energy saving. The X50 can be used as a portable fridge or a freezer, you can set the temperature to your desired temperature. -4F~68F cooling range can meet the most basic food refrigeration or preservation needed.
A comfortable pull bar makes the bulky fridge easier to pull outdoor. Setpower X50 comes with shock-proof wheels and a retractable pull rod that will easily help you carry the heavy fridge up to 110lbs.
Setpower has been continuously designing and optimizing new products for our customers. Trusting and discovering the power of journey.
Click to get the best deal on Setpower X50
https://www.setpowerusa.com/products/50qt-x50-portable-fridge
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SOURCE SetpowerUSA | https://www.wibw.com/prnewswire/2022/06/02/setpower-just-released-its-newest-model-x50-built-in-battery-portable-car-refrigerator-designed-outdoor-lifestyle/ | 2022-06-02T16:27:09Z |
New technology insights and on-trend product innovations further support the snacks and treats maker's industry-leading omnichannel strategy, creating better moments
NEWARK, N.J., May 23, 2022 /PRNewswire/ -- For more than 100 years, Mars Wrigley, a leader in the snacks and treats category, has kept a pulse on consumer trends to ensure its business and its retail partners identify and adopt innovations to exceed shoppers' expectations. Today, at Sweets & Snacks Expo in Chicago, the company is announcing its latest initiative to support retail customers – The Transaction Zone Team: a newly established internal consultancy of front-end experts dedicated to identifying and implementing market solutions that help category managers, store operations, and shoppers grow the transaction zone.
"At Mars Wrigley, we're always listening to our consumers and working with our retail partners to re-shape the future of the industry by creating better moments in-store and on-shelf," said Tim LeBel, President of Sales at Mars Wrigley. "Beyond being at the forefront of the snacks and treats category, we are thought leaders in understanding retail challenges and identifying pivotal solutions to make the shopping experience more efficient and engaging, maximizing shopper loyalty and retailer profits."
Self-checkout has been around for more than two decades, but only about half of transactions go through it.1 Less than a year after Mars Wrigley revealed its Accelerating Impulse Moments (AIM) program – a four-pillar platform focused on developing conversion strategies to reimagine impulse shopping through transaction zone reinvention, snack aisle optimization, secondary display growth, and digital solutions execution - the company has invested heavily in strategically growing The Transaction Zone Team around shopper insights that are critical to evolving check out.
"At Mars Wrigley, we're committed to category leadership and are laser focused on industry growth," said Mike Weinstock, Vice President of Category Leadership at Mars Wrigley. "That's why we're doubling down efforts to identify solutions that solve for front-end challenges, including the industry-wide self-checkout gap. Our new Transaction Zone Team has already established itself as a go-to resource for retail partners looking to reinvent the transaction zone."
Since the consultancy was initially formed in September 2021, it has built proprietary tools that unlock insights around transaction zone performance at retail, developed a new conversion model that identifies solutions for key transaction zone audiences, and extended the company's reach by engaging not just with large retail, but with all retail formats. Together, these actions have informed Mars Wrigley and its retail partners about the most impactful ways to optimize checkouts now, reimagine the self-checkout terminal and queue area next, and grow frictionless checkout in the future.
Beyond the transaction zone, this past year Mars Wrigley has also helped retail partners reach shoppers through Voice AI advancement studies and has motivated consumer purchases with innovative, on-trend product offerings that satisfy shoppers' values and evolved tastes.
Leveraging Voice AI Technology to Reach Consumers
An important omnichannel tool, Voice AI is increasingly becoming embedded in all areas of consumers lives. This new technology is shifting consumer behavior, evolving how brands show up, and making shopping easier than ever. Informed by one-of-a-kind research, Mars Wrigley recently piloted a series of Voice driven programs around Halloween that increased brand engagement via a spooky Voice alarm and social media, facilitated hands-free shopping with a Voice activated shopping list, and reached new-to-brand buyers via Voice activated ads.
To learn more, attendees of this year's show can join the "What's Next in Shopping with Voice AI?" session on May 24, 2022, at 3pm CT, at the Insights Stage.
Aligning With Shopper's Societal and Environmental Values
As a purpose-led organization, Mars Wrigley is constantly innovating and evolving in ways that affirm its commitment to make a positive impact on the world. The global commitment made by Mars Wrigley's M&M'S® brand to leverage the power of fun to increase the sense of belonging for 10 million people by 2025 is one of many actions being taken by the treats and snacks manufacturer to help foster a more inclusive society. Similarly, Mars is committed rethinking its approach to packaging. Recently, the M&M'S brand eliminated the traditional plastic overwrap from its theater boxes, making the packaging fully recyclable and removing 98 metric tons of plastic waste a year. Mars also announced that all Mars bars sold in the UK, Ireland and Canada will be certified as carbon neutral by 2023. That's over 220 million chocolate bars a year that will be carbon neutral.
Evolving Product Innovations to Meet Consumers' Needs
To ensure product innovations continue to surprise and delight shoppers, Mars Wrigley consistently keeps a pulse on what motivates consumers. Like last year, the snacks and treats manufacturer is positioning seasonal products as year-round opportunities and this summer, its M&M'S brand will be rolling out new music-centric programming to attract and engage shoppers and drive conversion by tapping into nostalgia to spark fun and connection. Additionally, across its portfolio, Mars Wrigley is unveiling several new offerings that deliver on shoppers' requests for a wider variety of offerings that balance satisfaction, taste, and preference.
- M&M'S Crunchy Cookie - A hybrid of the iconic M&M'S candy and nostalgic chocolate chip cookie, M&M'S Crunchy Cookie candies feature a great-tasting cookie center covered in delicious milk chocolate, all wrapped in the colorful, M&M'S candy shell offering shoppers a satisfying treat with one-of-a-kind taste and texture.
- M&M'S Munchums – Available at select retailers, this limited time offering delivers a totally new experience that bridges the world of chocolate and snacking, while serving as a gluten free option. The chocolate-based snack features a proprietary, one-of-a-kind crunchy baked outer shell made with chickpea. Its two flavors – Milk Chocolate and Salted Caramel – give consumers more options while still providing the satisfying crunch and taste they have come to expect from the brand.
- M&M'S Nut Brownie MIX: Rolling out later this Summer, this new variety features a delicious blend of fan favorite M&M'S Peanut Chocolate Candies and M&M'S Fudge Brownie Chocolate Candies. Requested more than 35,000 times on social media, shoppers won't be able to get enough of this nutty, chocolatey mix that combines tastes and textures into one bag.
- DOVE® Large PROMISES®: DOVE Chocolate expanded its PROMISES collection with its two new DOVE Large PROMISES flavor variations: Milk Chocolate & Caramel and Dark Chocolate & Peanut Butter, to bring consumers a more indulgent experience to eat on the go, with a larger size and irresistible filling.
- TWIX® Salted Caramel: The newest addition to the TWIX portfolio, TWIX Salted Caramel Crunchy Cookie Bars, feature the same three layers that everyone loves, with an extra pinch of salt for a new crunchy sweet & salty experience.
- SKITTLES® PRIDE Packs: As part of its ongoing mission to increase LGBTQ+ visibility and celebrate those within the community, SKITTLES is once again giving up its signature rainbow during Pride to celebrate the one that matters most. The brand's annual Pride packs – which have historically been all-gray to represent the brand's cemented efforts of support – received a splash of color in 2022 thanks to six talented artists within the LGBTQ+ community who crafted original designs that represent how they "see the rainbow" every day. From May 9 - July 15 for every SKITTLES Pride pack purchased, $1 will be donated (up to $100,000) to GLAAD.
- STARBURST® Airs: A first-of-its-kind aerated gummi candy, STARBURST Airs, offer a twist on the original STARBURST candy. Available in Original and Sour Tropical packs, the new candy has an inflated texture, resulting in a fluffy gummi packed with the juicy STARBURST flavor shoppers know and love.
- EXTRA® Refreshers Fruit Mix: Uniquely combining three refreshing fruity flavors together in one bottle, EXTRA Refreshers Fruit Mix is perfect for everything from first dates to weekend getaways. Consumers can enjoy incredibly fresh breath with this delicious new mix of strawberry freeze, tropical mist and lemonade chill.
For more information on the latest news from Mars Wrigley, visit www.mars.com/made-by-mars/mars-wrigley. If you are attending the Sweets & Snacks Expo, please stop by booth 11504.
About Mars, Incorporated
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating, and evolving in ways that affirm our commitment to making a positive impact on the world around us. Across our diverse and expanding portfolio of confectionery, food, and pet care products and services, we employ 133,000 dedicated Associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world's best-loved brands including DOVE®, EXTRA®, M&M's®, MILKY WAY®, SNICKERS®, TWIX®, ORBIT®, PEDIGREE®, ROYAL CANIN®, SKITTLES®, BEN'S ORIGINAL™,
WHISKAS®, COCOAVIA®, and 5™; and take care of half of the world's pets through our pet health services AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, Pet Partners™, and VCA™. We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency, and Freedom – inspire our Associates to take action every day to help create a world tomorrow in which the planet, its people, and pets can thrive.
For more information about Mars, please visit www.mars.com. Join us on Facebook, Twitter, Instagram, LinkedIn and YouTube.
1. Videomining, Grocery Checkout Meta Study, October 2020
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SOURCE Mars Wrigley | https://www.mysuncoast.com/prnewswire/2022/05/23/mars-wrigley-elevates-retail-shopping-with-newly-established-transaction-zone-team-unveiled-sweets-amp-snacks-expo/ | 2022-05-23T15:30:48Z |
COLUMBIA, Md., Aug. 25, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions primarily for the nuclear power industry and supports the future of clean energy production and overall decarbonization initiatives, announced today its appreciation around the positive news from Japanese Prime Minister, Fumio Kishida, who expressed his desire to restart several of Japan's nuclear reactors. This news is important to Japan and the global nuclear industry. It is very relevant to GSE, that serves clients in Japan with unique services and technology. At one point prior to the Fukushima accident, the Japan nuclear market generated nearly 25% of GSE's revenues.
Japan was highly energy dependent upon nuclear power up until the Fukushima accident in March of 2011, after which the government shuttered its entire fleet of 54 reactors. Recently, the country has begun to re-think its energy policy and has initiated a restart of part of its fleet of 33 operable nuclear reactors. Currently 10 reactors have been restarted and Prime Minister Fumio Kishida expressed his goal of restarting another seven in 2023. Mr. Kishida also stated that government officials would investigate extending the lifespan of current reactors beyond the current maximum of 60 years. The country is also exploring the development and construction of new next-generation reactors. Mr. Kashida has directed government officials to come up with concrete measures by year-end to address the need to jump start nuclear power generation.
Kyle J. Loudermilk, GSE's President and Chief Executive Officer commented, "The news out of Japan is extremely exciting and reopens a strong opportunity for GSE. It is very encouraging to see Japan reengage with the nuclear industry and lay the groundwork for next generation reactors. This news also validates what we've been expressing for several years: for countries to be energy independent and produce stable clean power to meet decarbonization goals, nuclear must be a significant part of the solution. We believe more countries will come to a similar realization and anticipate that existing reactors will require maintenance services and upgrades until the next-generation of reactors, including small modular reactors, are commissioned. Given our current and on-going work in Japan, GSE's experts are well prepared for upcoming opportunities that will come from these initiatives. We applaud the actions coming out of Japan."
ABOUT GSE SOLUTIONS
We are the future of operational excellence in the power industry, particularly within nuclear power. As a collective group, GSE Solutions leverages top skills, expertise, and technology to provide highly specialized solutions that allow customers to achieve the performance they imagine. Our experts deliver and support end-to-end training, engineering, compliance, simulation, and workforce solutions that help the nuclear power industry reduce risk and optimize plant operations. GSE is proven, with over four decades of experience, more than 1,100 installations, and hundreds of customers in over 50 countries spanning the globe. www.gses.com.
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SOURCE GSE Systems, Inc. | https://www.wibw.com/prnewswire/2022/08/25/gse-systems-embraces-announcement-by-japan-restart-nuclear-reactors/ | 2022-08-25T16:20:16Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Attention 17 Education & Technology Group Inc. ("17EdTech") (NASDAQ: YQ) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded 17EdTech securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with 17EdTech's December 2020 initial public offering.
If you suffered a loss on your investment in 17EdTech, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against 17EdTech includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) 17EdTech's K-12 Academic AST Services would end less than a year after the Company's initial public offering; (2) as part of its ongoing regulatory efforts, Chinese authorities would imminently curtail and/or end 17EdTech's core business; and (3) as a result, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Aggrieved 17EdTech investors only have until September 19, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/08/01/class-action-alert-law-offices-vincent-wong-remind-17edtech-investors-lead-plaintiff-deadline-september-19-2022/ | 2022-08-01T10:09:16Z |
All-in-one POS solution combines the simplicity and flexibility of a cloud-based solution with the comprehensive functionality that modern jewelry retailers need
SPRINGVILLE, Utah, June 1, 2022 /PRNewswire/ -- Jewel360 announced today the first all-in-one, cloud-based retail software dedicated exclusively to the needs of jewelry retailers. Jewel360 is a true end-to-end retail software solution that supports retail jewelry business operations with real-time visibility and control over in-store and online sales, inventory, repairs, customer communications and marketing. Jewel360 also includes real-time integration with Clientbook, the industry's leading clienteling solution.
Jewel360 will showcase its new platform at the JCK Show for Luxury Jewelry in Las Vegas, June 10-13, in Booth #58081.
Jewel360 combines decades of experience from the ASC Craftsman jewelry brand with a proven, modern retail technology platform to deliver a seamless experience for both the jewelry retailer and their customers. With industry-specific features that generic POS systems can't match and years of jewelry store expertise and know-how, Jewel360's cloud-based solution and industry integrations enable retailers to be on the leading edge.
Key features include:
- Modern, cloud-based platform for anytime, anywhere visibility and control on your computer or mobile device
- Integrated POS and website to provide a seamless omnichannel experience for in-store and online sales as well as inventory management
- Strategic third-party business function integrations for clienteling, bookkeeping, shipping and localization
- Jewelry-specific POS features such as repairs, custom work, special orders and layaway
"We're excited to bring Jewel360 to the industry and support jewelry retailers with a truly modern solution unlike any other," said Nick Gurney, General Manager, Jewel360. "We've combined decades of jewelry expertise with industry-leading technology to design an all-in-one solution to help retailers streamline operations and increase sales. To date, customers that have switched to Jewel360 have increased sales by 20 percent or more."
To schedule a demo of Jewel360 at JCK or to learn more, visit www.Jewel360.com.
Jewel360 is an all-in-one, cloud-based retail software built to meet the needs of modern jewelry retailers. The Jewel360 integrated POS solution provides end-to-end visibility and control over in-store and online sales, inventory, repairs, customer communications and marketing. Jewel360 combines the simplicity and flexibility of a cloud-based solution with the comprehensive functionality that modern jewelry retailers need.
CONTACT:
Jennifer Moritz
917-748-4006
jmoritz@0to5.com
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SOURCE Jewel360 | https://www.mysuncoast.com/prnewswire/2022/06/01/jewel360-launches-first-all-in-one-cloud-based-retail-software-built-meet-needs-modern-jewelry-retailers/ | 2022-06-01T12:31:40Z |
The acquisition gives founders sophisticated, and yet easy-to-use, tools for cash and financial management.
SAN FRANCISCO, April 19, 2022 /PRNewswire/ -- Brex, the company reimagining finance for growing businesses, today announced its acquisition of Pry Financials, a software platform with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million.
Cash flow forecasting and runway planning can make or break a startup. Most startups today, however, don't invest in specialized accounting software and rely on a jumble of spreadsheets to make it all work.
Pry enables founders to project cash flow, track budgets and scenario plan using easy-to-understand dashboards and visualizations. Pry makes it easy to track and categorize revenue and costs, build a financial plan, build customized formulas for forecasting.
"Pry was designed from the ground up to help founders understand their business simply and efficiently. To help them scale, raise their next round of funding or plan an exit," said Henrique Dubugras, co-founder and CEO of Brex. "I'm delighted to welcome the Pry team to Brex and excited to deliver such important capabilities to our software platform."
"We are so thrilled to be joining the Brex family," said Andy Su, Pry's co-founder and CEO. "Our goal has always been to help as many founders as possible run their business more efficiently. With Brex's scale and reach, we can have a much bigger impact right away."
About Brex
Brex is a powerful financial stack designed to serve the next generation of growing businesses. By integrating software, services, and products into one experience, we help customers effortlessly extend the power of every dollar, so they're free to focus on big dreams and fast growth—without worrying about wasted spend. We proudly serve tens of thousands of businesses, from small private companies to many of America's most beloved public brands.
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SOURCE Brex | https://www.wibw.com/prnewswire/2022/04/19/brex-acquires-pry-financials-expand-its-software-capabilities-founders/ | 2022-04-19T16:49:17Z |
LOS ANGELES, June 20, 2022 /PRNewswire/ -- Buddies Brand, Inc. ("Buddies"), a leading cannabis brand with products available on more than 1000 retail menus, today announced a strategic alliance with West Coast rap artist and television personality, Alvin 'Xzibit' Joiner, and his cannabis brand, Napalm.
Buddies cannabis products are ranked #8 in the Nation for total sales volume per BDSA, the cannabis industry's leading data and analytics provider. Buddies products are currently available in California, Oregon, and Washington.
As part of the strategic alliance, Mr. Joiner has been named the Creative Director for the Buddies and Napalm cannabis products. This new role will utilize his vast experience to provide assistance with product development and marketing operations. The alliance also includes an agreement for Napalm products to be manufactured at Buddies' Redding, California manufacturing facility and distributed by NABIS, the leading licensed cannabis wholesale platform in the largest legal cannabis market.
"For Napalm, this partnership allows our brand to further streamline and expedite product development, vertically integrate, and provide distribution to our retail partners at a much higher level," said Alvin 'Xzibit' Joiner, Founder of Napalm cannabis products. "West Coast cannabis customers love Buddies products and this partnership of two powerhouse brands, plus NABIS for distribution, will take us to new heights and help expand Napalm into more markets."
Napalm cannabis products are currently available in California with plans to expand nationally through its strategic alliance with Buddies.
"We have worked very hard to build Buddies to become one of the most consistent, popular, and in-demand brands on the West Coast," said Byran Cochran, President of Buddies. "This partnership with Xzibit and Napalm unites and elevates both of our organizations' strengths. Alvin's work ethic and his passion for cannabis and music is something we're very excited about, and even more so when combined with our award-winning products, team, and strategic partners."
For more information, or to speak with Alvin Joiner or Bryan Cochran, visit https://buddiesbrand.com or email info@BuddiesBrand.com.
Buddies Brand, Inc. ("Buddies") is a leading provider of affordable consumer products in cannabis. As a high-growth cannabis company known for its expertise, reliability, and premium quality, the Company and its brands, including BBrand, continue to provide industry-leading products and innovation in the concentrates, vapes, flower, pre-rolls, and health and wellness categories.
Contact Information:
Mitch Pfeifer
Public Relations at Buddies Brand
Email: Info@RespectMyRegion.com
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SOURCE Buddies Brand, Inc. | https://www.kxii.com/prnewswire/2022/06/20/buddies-brand-inc-announces-strategic-alliance-with-west-coast-music-television-personality-xzibit/ | 2022-06-20T11:57:30Z |
MedStar Health Sports Medicine to provide medical coverage during 'Summer of Lacrosse'
BALTIMORE, June 28, 2022 /PRNewswire/ -- In partnership with USA Lacrosse, MedStar Health sports medicine experts will provide continuous medical coverage when the world's best female lacrosse players from a record 30 countries gather in Baltimore for a summer-long series of games that includes international lacrosse competition. Leading the team coverage is Richard Y. Hinton, MD, orthopedic surgeon, director of national teams' care, and MedStar Health liaison to USA Lacrosse. Competitions are as follows:
- World Lacrosse Women's Championship (June 29-July 9)
- Women's World Festival (June 30-July 8)
"The World Lacrosse Women's Championship is really like the Olympics of lacrosse," said Dr. Hinton. "This competition only happens every four years. It's a very exciting time to host the games at Towson University, particularly since it's only the third time ever that this contest will be held in the United States. Covering this level of competition and international exposure speaks to the vast experience MedStar Health Sports Medicine has in understanding the mechanics of lacrosse-specific injury, injury prevention, and treatment."
Athletic trainer Kellie Loehr, MS, ATC, community liaison for MedStar Health Sports Medicine, will preside as medical director over the games. Loehr is also the head athletic trainer at USA Lacrosse. "We are excited to host the women's world championship teams and to connect with a variety of healthcare providers from around the world this summer," said Loehr. "MedStar Health has assembled an incredible group of multidisciplinary providers, including athletic trainers, physical therapists, and physicians to support the events and to work with the top lacrosse players from their respective countries."
MedStar Health Sports Medicine Physician Kari Kindschi, MD, will serve as event medical officer. Board certified in family medicine and fellowship-trained in sports medicine, Dr. Kindschi specializes in musculoskeletal conditions and medical issues that are specific to sports and exercise in athletes of all ages. "We look forward to the fast-paced, elite level of play and the culture and spirit that each of these teams will bring to Maryland this summer."
Jay Dyer, a certified strength and conditioning specialist and director of Sports Performance for MedStar Health, will provide strength and conditioning and wellness services for all the national teams.
"By working on speed, agility, power, strength, flexibility, and coordination we hope to avoid injuries," said Dyer, who has been coaching elite athletes with MedStar Health since 2004.
In addition to these premier women's lacrosse events, MedStar Health sports medicine experts will work to prevent and treat injuries in lacrosse players all summer including:
- U.S. Women's Senior Team Training
- U.S. Men's U21 Team Training, World Championship in Limerick, IRL Aug. 2022
- U.S. Men's Senior Team Tryouts
- U.S. Men's and Women's 6's Team Training and World Games Championship in Birmingham, Alabama
- USA Lacrosse National Team Development Program Regional Tryouts and Team Combine at USA Lacrosse
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SOURCE MedStar Health | https://www.mysuncoast.com/prnewswire/2022/06/28/medstar-health-usa-lacrosse-prep-summer-competition-premier-female-athletes-around-globe-starting-this-week/ | 2022-06-28T16:37:26Z |
Agency Leveraged Inbound Marketing Strategies and HubSpot Expertise To Overcome Challenges and Support Business Objectives
IRVINE, Calif., Sept. 8, 2022 /PRNewswire/ -- SmartBug Media® — a leading Intelligent Inbound® marketing agency that assists B2B businesses, B2C organizations and D2C e-commerce businesses in growing revenue by generating leads, scaling revenue operations and building market awareness through inbound marketing, digital strategy, design, marketing automation, revenue operations, public relations, paid media and web development — understands the pressure a changing financial landscape places on banks, credit unions and financial services firms. Over the last few years, SmartBug® has combined the power of intelligent inbound marketing with deep HubSpot expertise to help financial services clients identify opportunities for increased visibility and awareness of financial products, engage customers and build trust.
The National Bureau of Economic Research, despite contractions in the American economy for two consecutive quarters, has not determined the U.S. is in a recession in large part because job creation is so robust. Still, there are signs — the Federal Reserve steadily increasing interest rates to combat rapidly rising inflation and a volatile housing market — that have financial institutions concerned about providing products and services to their existing customers and attracting new ones.
"Connection to their customers is the most important opportunity available to banks, credit unions and other financial services providers," SmartBug Chief Revenue Officer Stephanie Valenti noted. "The days of financial institutions just expecting customers to come to them are gone, and our clients understand they need to earn their customers' business. SmartBug uses HubSpot tools to meet their objectives, such as building trust through value-first content, solving data-access issues to track conversions and supporting ambitious business expansion."
Here's how SmartBug strategists created custom objects through HubSpot that kept track of important metrics specific to the client, including the ability to sort, automate and report on associated data:
First State Community Bank (FSCB) is a financial leader in the state of Missouri, but connecting to current customers and attracting new ones was a challenge. SmartBug optimized existing content — using search engine optimization and conversion rate optimization — to increase year-over-year blog views by 1,346% and website visits through the blog by 219%, growing the bank's list of subscribers and its ability to build visibility and trust.
Emles Advisors was founded by experts in sales, marketing and investment management, and these experts knew HubSpot was the platform they needed to meet their short- and long-term objectives, but they realized they didn't know how to use it. As HubSpot's top agency partner, SmartBug onboarded the Emles team in HubSpot and coached them about how to use the tools available to them on the platform: customer relationship management, marketing hub, sales hub and reporting.
Based in the U.K. and with offices on six continents, Valutrades is a brokerage that provides traders access to the global foreign exchange market. The firm was already using HubSpot but not well, and it needed the expertise of SmartBug to help it expand globally when a host of regulations limited trading. SmartBug took advantage of everything HubSpot has to offer, primarily to transition the firm's website to a multilingual platform and to implement a smart content management strategy that increased monthly visitors from 10,000 to 50,000 and time on page as well.
"Facing a potential recession is certainly unsettling for banks, credit unions and other financial services, and they'll need a partner who can tackle tough challenges using a powerful tech stack that includes a powerhouse like HubSpot," Valenti said. "SmartBug has a deep well of experts across several marketing verticals who can craft thoughtful and determined strategies to help clients weather economic storms."
ABOUT SMARTBUG MEDIA®
SmartBug Media® is a globally recognized Intelligent Inbound® marketing agency assisting B2B businesses, B2C organizations and D2C e-commerce businesses in growing revenue by generating leads, scaling revenue operations and building market awareness through inbound marketing, digital strategy, design, marketing automation, revenue operations, public relations, paid media and web development.
As HubSpot's 2021 North America Partner of the Year, SmartBug® is one of its top-performing, elite global solutions partners as well as an Elite Master partner of Klaviyo.
Founded in 2008 as one of the few fully remote agencies, SmartBug is an innovator and trusted authority on creating life-work harmony for its 180-plus employees spread across 35 states and five countries. The company that implemented quarterly Certification Days to foster continuous learning and career development has won two Great Place to Work® and 31 Comparably awards. It has also been named to the Inc. 5000 Fastest-Growing Private Companies list for six consecutive years and the Adweek Fastest Growing Agencies list three years in a row. With hundreds of awards for client work — and a team holding a combined 1,000-plus marketing certifications — SmartBug is fully dedicated to delivering client success and an unparalleled agency experience. Its services include inbound marketing, digital strategy, design, marketing automation, revenue operations, public relations, paid media and web development. For more information about SmartBug Media, visit smartbugmedia.com.
For SmartBug Media Inquiries, Contact:
Katie Quaranta, PR Manager
SmartBug Media
kquaranta@smartbugmedia.com
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SOURCE SmartBug Media | https://www.mysuncoast.com/prnewswire/2022/09/08/smartbug-media-celebrates-inbound-marketing-success-financial-services-market/ | 2022-09-08T18:19:40Z |
COLUMBUS, Ohio, June 6, 2022 /PRNewswire/ -- READY Robotics, pioneers in software-defined automation, today announced a strategic investment from NVIDIA, the leader in accelerated computing technology.
"Manufacturing has been held back for decades by software silos between robot vendors. We've broken down those barriers with a standard interface that simplifies deployment for enterprises and dramatically increases the market opportunity for the automation industry," said Ben Gibbs, CEO and Co-Founder of READY Robotics.
"For factory workers, that interface is a no-code tablet which allows them to upskill to become a robot programmer within weeks," he continued. "For software developers, it's a standard API that unlocks data streams from over 3 million compatible robots deployed today."
The investment accelerates the collaboration between READY Robotics and NVIDIA, which includes a READY Robotics Forge/OS integration with NVIDIA Omniverse™ Isaac Sim to simplify development and accelerate time-to-market of industrial automation deployments.
Manufacturing enterprises want robust deployments that embody their competitive advantage, while being flexible enough to meet the demands of digital supply chains. READY Robotics provides a foundation that enables software developers to meet these demands. By enabling integration with processing at the edge, these solutions can offer increased efficiency without compromising on privacy, latency or data security.
NVIDIA is joined by existing Micron Technology, as well as new investor SIP Global Partners, a cross-border venture fund strategically focused on helping startups expand into Asian markets by working with large industrial conglomerates. The new investment allows READY Robotics to continue improving its core Forge/OS 5 platform as well as expanding to support a growing ecosystem of partners and developers.
Experience READY Robotics and NVIDIA Omniverse Isaac Sim in action together at booth 2783 of Automate 2022 in Detroit, MI, from June 6-9.
We don't make robots. We make robots better. READY is the developer of Forge/OS, the industrial OS for robots and automation.
https://www.ready-robotics.com/
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SOURCE READY Robotics | https://www.wibw.com/prnewswire/2022/06/06/ready-robotics-announces-strategic-investment-nvidia-accelerate-adoption-industrial-automation/ | 2022-06-06T18:13:47Z |
NOVI, Mich., June 7, 2022 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the Deutsche Bank Global Auto Industry Conference with a presentation at 1:35 p.m. ET on Thursday, June 16, 2022. Details on how to join the presentation via webcast will be posted to the "Investors/Webcasts & Presentations" section of the Company's website (www.stoneridge.com) prior to the presentation.
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.
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SOURCE Stoneridge, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/stoneridge-present-deutsche-bank-global-auto-industry-conference/ | 2022-06-07T22:21:55Z |
Pastor confesses to affair in front of congregation; woman gets him to admit she was 16
WARSAW, Ind. (WPTA/Gray News) - The Kosciusko County Prosecuting Attorney’s Office confirmed with WPTA an investigation is underway involving a pastor at a church.
The prosecutors’ office wouldn’t share details about the investigation, including whether it is connected to a Facebook Live video from Sunday.
The video was streamed from inside the New Life Christian Church on Sunday.
During that broadcast, Pastor John Lowe can be heard telling the congregation, “I committed adultery. It was nearly 20 years ago.” He went on to say that he “makes no excuse for his sin” and that he wasn’t disciplined and would not “use the Bible to defend himself.”
“I have no defense. I committed the adultery,” he said.
Lowe asked for forgiveness and then told the congregation he was stepping down from “ministry responsibilities.”
The congregation applauded.
A woman and her husband then spoke before the crowd. The woman said she lived in a “prison of lies and shame” for 27 years. She then said she is a prisoner no longer. “If you can’t admit the truth, you have to answer to God,” she said to Lowe. “You are not the victim here.”
“The lies need to stop,” she said. “A partial truth is not true.”
“It was wrong,” Lowe said again as he spoke from the podium. “If I could go back and redo it all I would. I can’t. All I can do is ask you to forgive me.” The congregation then gathered around Lowe and prayed.
At one point someone in the crowd brings up the age of the woman at the time she alleges the pastor started the relationship. Lowe responded, “16 years old, OK.” He then added, “It was wrong.”
WPTA has found no record showing that any charges involving Lowe have been filed.
The station also spoke with a public information officer with Indiana State Police who said he cannot confirm whether they “have or had” an investigation into John Lowe.
A message was left with the New Life Christian Church and World Outreach office seeking comment from Lowe. That comment came Monday evening in the form of a statement published on the church’s Facebook page.
“In the wake of what has now been revealed, we are hurting and broken for a woman who has lovingly attended and served in the church for many years, as well as for her husband and family. It is our deepest prayer and commitment to love, support, encourage and help her,” the statement said in part. It also addressed Lowe.
“Our brokenness extends to Pastor John B. Lowe I, his wife and family as well. For 42 years, New Life has taught and preached a Cross-driven message of repentance, forgiveness and restoration; a ministry of reconciliation which has been both led and modeled by Pastors John and Debbie Lowe through a process of healing in any way in which we are able,” the statement said.
Indiana University Law Professor Jody Madeira explained Indiana laws relevant to this case.
“There is one particular offense that could apply, which is called child seduction,” she said. “This applies when people in positions of trust or authority of a child, law enforcement, mental health practitioners, or anyone with a professional relationship with the child,” she says, “It affects children between 16 and 18 years old. Again, these people use their professional relationship to engage in sexual conduct with a child, and that is the offense of child seduction.”
The statute of limitations set by Indiana Code 35-41-4-2 covers several sexual offenses involving children, Madeira explained.
“Normally it says that these crimes must be prosecuted before the victim reaches the age of 31; however, there’s an exception to that. The exception is basically that if the state obtains a recording, a confession that provides evidence sufficient to charge the crime,” she said.
Copyright 2022 WPTA via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/24/pastor-confesses-affair-front-congregation-woman-gets-him-admit-she-was-16/ | 2022-05-24T17:54:31Z |
Industry backs California Energy Commission targets of 2-5 GW by 2030, 25 GW by 2045 to drive economies of scale
SACRAMENTO, Calif., Aug. 10, 2022 /PRNewswire/ -- The California Energy Commission (CEC) today approved a bold set of offshore wind planning goals, as directed by the state's AB 525 law, putting California on a path to responsibly develop up to 5 gigawatts (GW) of floating offshore wind power by 2030 and 25 GW by 2045. These goals, which expand targets in an earlier report, send an important signal to industry and other state and federal agencies that California is committed to being a leader on offshore wind and moving expeditiously to strengthen and diversify its clean power portfolio.
"These goals set an ambitious course and show that California is very serious about 'going big' on floating offshore wind, to drive economies of scale and generate the very substantial clean power, climate, and jobs benefits this renewable energy resource can deliver for our state," said Adam Stern, Executive Director of Offshore Wind California (OWC), a trade group that represents the state's offshore wind industry. "Achieving 5 GW of offshore wind by 2030 will position the state to meet and even exceed its 25 GW goal by 2045. For California and offshore wind, going bigger is better."
"California is home to one of the world's best offshore wind resources in the world and I am confident that this clean, domestic source of electricity can play an important role in meeting our state's growing need for clean energy," said Governor Gavin Newsom, in remarks cited in a presentation on the offshore wind planning goals at the CEC's August 10 Business Meeting. Last month, Newsom called on the CEC to raise its offshore wind target to at least 20 GW by 2045.
"This is a moment for boldness," said David Hochschild, CEC Chair, who led the hearing in Sacramento where the CEC unanimously approved the expanded goals in the state's revised offshore wind report. "What we do here matters far more than we realize. We have a great track record of starting big things in California, of pushing the envelope and that spreading. What we're doing today on offshore wind is it yet another step in that proud journey. I fully support it."
Last September, Newsom signed the AB 525 law that directs the CEC to establish planning targets for this clean energy technology. By June 30, 2023, AB 525 also directs the CEC to work with other agencies and stakeholders to prepare a comprehensive strategic plan for offshore wind development, including transmission, port infrastructure, procurement, additional call areas, workforce development, and a sustainable supply chain. Later this fall, the Bureau of Ocean Energy Management (BOEM) expects to begin leasing at the state's Morro Bay and Humboldt Wind Energy Areas (WEAs).
"I applaud these proposed goals of 2-5 GW by 2030 and 25 GW by 2045, which are the largest of any state in our country," said David Chiu, who was lead author of AB 525 in the State Assembly and is currently City Attorney of San Francisco. "Now is exactly the time for us to be bold and visionary and to lead. We will look back to this moment as you adopt this report with its recommended goals as a critical milestone in our efforts to combat climate change."
"The ultimate goal is to develop a thriving, world-leading floating wind industry," said Paula Major, Vice President, U.S. Offshore Wind, Mainstream Renewable Power and Board Chair, OWC. "This shows California is committed to 'going big' and moving forward—now. We're determined as an industry to work closely with state and federal agencies and other stakeholders to reach the high end of these goals, and help make California a global leader in floating offshore wind."
The National Renewable Energy Laboratory (NREL) estimates California's technical offshore wind potential at 200 GW, with more than 20 GW in BOEM's two designated WEAs and three wind study areas. Deep West Coast waters require floating technologies already being deployed in other world markets. NREL reports developing California offshore wind at this scale would support tens of thousands of jobs, supply over 15 percent of its current electricity needs, generate enough competitively priced power for at least 7 million homes, and produce tens of billion of dollars in GDP for the state by 2050.
California's 2021 joint agency report concluded that to reach 100 percent clean energy by 2045, the state needs a diverse renewables portfolio including offshore wind. The report's 'SB 100 Core Scenario' said 10 GW of offshore wind would save ratepayers $1 billion or more in installed clean power capacity by 2045 and complement other renewables on the grid.
Offshore Wind California's board member companies include Aker Offshore Wind, BP, Equinor, Hexicon, Magellan Wind, Mainstream Renewable Power, Ørsted, Pacific Ocean Energy Trust, Principle Power, RWE, Shell and SSE Renewables.
About OWC − Offshore Wind California is a coalition of industry partners with a shared interest in promoting policies and public support for responsible development of offshore wind power in California. Its members are dedicated to providing an independent voice and industry expertise to facilitate offshore wind deployment off California's coast. OWC undertakes public education and advocacy of this renewable resource as part of a comprehensive solution to California's energy needs. OWC is a nonprofit, 501(c)(6) organization. For more information, please go to www.offshorewindCA.org. Follow us @offshorewindCA.
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SOURCE Offshore Wind California | https://www.mysuncoast.com/prnewswire/2022/08/10/california-sets-course-go-bigger-floating-offshore-wind-approves-nation-leading-25-gw-goal-by-2045-accelerate-benefits-clean-energy-climate-amp-jobs-state/ | 2022-08-10T23:03:29Z |
Spokane, WA-based Forster Financial Joins Atria's Cadaret Grant
NEW YORK, July 26, 2022 /PRNewswire/ -- Atria Wealth Solutions, Inc. ("Atria"), a wealth management solutions holding company, today announced that Forster Financial, a financial practice located in Spokane, Washington, has joined Atria's wholly-owned subsidiary, Cadaret Grant & Co., Inc. The practice brings over $250 million in assets under administration from Securities America, an Advisor Group subsidiary, to the Atria family of broker-dealers.
Robert Forster, AIF®, serves as president and CEO of Forster Financial and brings to Cadaret Grant three additional financial professionals.
A clear choice
"Throughout our search for a new wealth management firm, our main focus was finding a partner that provides solutions and technology that empower us to serve our clients better. We considered several firms, and the Atria family stood head and shoulders above the rest," said Forster. "Great technology, and its role in our practice, is critical to our team's efficiency, and the Cadaret Grant platform makes it so much easier for us to do business."
The Forster team has complete access to the full suite of modern tools available through Atria's broker-dealer subsidiaries, including award-winning Unio, an integrated platform for financial professionals with deeply-integrated CRM, Contour, a comprehensive fee-based advisory platform, and Clear1, an intuitive client-facing portal and mobile app.
"The technology here is a game changer, but the personal touch and culture of partnership at Atria and Cadaret Grant is what's completely differentiated," continued Forster. "Instead of dealing with systems and phone queues, we're working with a team of people who stand behind us just as much as we stand behind them. We're not just a number anymore — we're a partner."
The power of partnership
Kevin Beard, Atria Chief Growth Officer and Founding Partner, says independent financial professionals today are searching for a firm where expert technology and deep advisor-centric culture intersect.
"Financial professionals have endless broker-dealer options, but they're looking for more than lower ticket charges and promises of future technology. They're searching for a real partner who puts their needs first and supports them with real solutions on day one," said Beard. "The addition of Robert, his team and their growing practice is evidence that financial professionals find great value in the power of partnership with our firm and our broker-dealer subsidiaries."
Promises kept
Forster concluded, "Our experience with the Atria family and with Cadaret Grant has been completely different. They've delivered on every promise they made."
About Atria Wealth Solutions, Inc.
Atria Wealth Solutions, Inc. (Atria), headquartered in New York City, is a wealth management solutions holding company focused on delivering a clear path to the future of financial advice for financial professionals, financial institutions and their clients. Atria's broker-dealer subsidiaries, located throughout the U.S., empower financial institutions and independent financial professionals with a sophisticated set of tools, services and capabilities that deepen client relationships and maximize efficiencies in their practices.
Atria has six broker-dealer subsidiaries: Cadaret Grant & Co., Inc., NEXT Financial Group, Inc., Western International Securities, Inc., SCF Securities, Inc., CUSO Financial Services, L.P., and Sorrento Pacific Financial, LLC. Atria's subsidiaries together support nearly 2,500 financial professionals and over $100 billion of assets under administration. For more information, please visit atriawealth.com.
About Cadaret Grant & Co., Inc.
Established in 1985, Cadaret Grant & Co, Inc. (Cadaret Grant), is an independent wealth management firm serving over 700 independent financial professionals nationwide from its headquarters in Syracuse, New York.
Media Contact
Haven Tower Group
Julian Arenzon
424 317 4865
jarenzon@haventower.com
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SOURCE Atria Wealth Solutions | https://www.kxii.com/prnewswire/2022/07/26/atria-welcomes-252-million-practice/ | 2022-07-26T10:30:02Z |
ROME (AP) — A Vatican investigation into allegations that the former top aide to St. John Paul II was negligent in handling sex abuse claims in his native Poland has cleared him of wrongdoing, the Vatican’s embassy in Poland said Friday.
A statement from the embassy, or nunciature, said the investigation conducted by a Holy See envoy determined that Cardinal Stanislaw Dziwisz’s actions were “correct, and therefore, the Holy See decided not to proceed any further.”
The Vatican sent Italian Cardinal Angelo Bagnasco to Poland in June 2021 to gather evidence and documentation into allegations of negligence while Dziwisz was archbishop of Krakow, Poland, from 2005 to 2016. A priest had said he gave Dziwisz a letter detailing allegations of abuse against another priest, and the presumed victim said he never heard back about what came of the case.
Bagnasco’s investigation did not consider Dziwisz’s tenure while he was at the Vatican and the private secretary to John Paul, who was pope from 1978-2005.
John Paul and Dziwisz, now 83, often dismissed allegations of sexual impropriety involving priests because of their experience in communist Poland, when many priests were discredited with false allegations.
A 2020 in-house Vatican investigation into disgraced and defrocked ex-Cardinal Theodore McCarrick raised uncomfortable questions about Dziwisz’srole in McCarrick’s appointment to head the archdiocese of Washington, D.C., despite evidence of sexual misconduct against him. The Vatican report found that John Paul had taken McCarrick out of consideration for the job but changed his mind after McCarrick wrote an impassioned letter to Dziwisz denying he ever had sex with anyone.
After John Paul died in 2005, Dziwisz was appointed archbishop of Krakow, in southern Poland, where he had served as secretary to Cardinal Karol Wojtyla, the future pope, before they moved to the Vatican.
Pope Benedict XVI made Dziwisz a cardinal in 2006. | https://cw33.com/news/ap-top-headlines/vatican-clears-aide-to-john-paul-ii-of-negligence-claims/ | 2022-04-23T12:11:15Z |
FARNBOROUGH, England (AP) — Maverick’s next wingman could be a drone.
In the movies, fighter pilots are depicted as highly trained military aviators with the skills and experience to defeat adversaries in thrilling aerial dogfights.
New technologies, though, are set to redefine what it means to be a “Top Gun,” as algorithms, data and machines take on a bigger role in the cockpit — changes hinted at in “Top Gun: Maverick.”
“A lot of people talk about, you know, the way of the future, possibly taking the pilot out of the aircraft,” said 1st Lt. Walker Gall, an F-35 pilot with the U.S. 48th Fighter Wing based at RAF Lakenheath in England. “That’s definitely not something that any of us look forward to.”
“I’d like to keep my job as long as possible, but I mean, it’s hard to argue with newer and newer technology,” he said. “And if that’s the way of the future, that’s what it is. But I’m just here to enjoy it while I can.”
The future for fighter pilots was on display this week at the Farnborough International Airshow near London, one of the world’s biggest aviation, defense and aerospace expos.
Defense contractors outlined how artificial intelligence and other technologies will be used in the newest warplanes as global military delegations browsed mockups of missiles, drones and fighter jets. At stake are many billions of dollars as countries update military fleets or pump up defense procurement budgets amid rising geopolitical tensions.
The original “Top Gun” movie released in 1986 follows Tom Cruise’s hot-shot Navy pilot, Pete “Maverick” Mitchell, through fighter weapons training school. In the sequel, an aging Maverick, now a test pilot, learns the top secret hypersonic plane he’s working on is being canceled so the funding can be used for a pilotless drone program.
It’s a debate that’s been playing out for years in the real world. Drones have been used extensively in the war between Russia and Ukraine and other modern conflicts, raising the question of just how much need there is for human pilots to fly expensive fighter jets and other aircraft — or whether unmanned aerial vehicles could do the job.
At the Farnborough show, experts said the future of air warfare is likely to be manned and unmanned aircraft working together.
One day, fighter pilots will “have a drone aircraft that’s flying as a loyal wingman” under their control, said Jon Norman, a vice president at Raytheon Technologies Corp.’s missile and defense business.
Norman, a retired U.S. Air Force pilot, said he used to complain about drones controlled from the ground that got in his way when he was flying fighter jets.
The latest communications systems let fighters, drones and other aircraft talk to each other, he said.
Technology has already removed the need for a second person to sit in the backseat to work the radar — a role portrayed in the original “Top Gun” movie by the character Goose.
It will continue to play a bigger role in the cockpit, Raytheon executives said. Artificial intelligence will analyze reams of data from sensors placed on planes, drones, the ground or missiles flying through the air to give pilots in the sky and commanders back at headquarters a better sense of the battlefield.
In future battles, AI might allow a pilot to send an armed drone close to an enemy position “and have them just fire at will,” Norman added.
But it’s too soon to write an epitaph for the pilot.
“If we had had this conversation 20 years ago, almost everyone was certain that some (drones) would be serving in a combat aircraft replacement role. That simply hasn’t happened,” said Richard Aboulafia, managing director at consultancy AeroDynamic Advisory.
Nowadays, he said, drones mainly support manned military aircraft, which “allows them to get out there with a greater combat aircraft punch.”
There was speculation that the F-35 fighter, which went into operation in 2015, would be the last manned fighter jet, said Gareth Jennings, aviation editor at defense intelligence provider Janes. “But no one says that anymore.”
The F-35, built by Lockheed Martin Corp., is a stealthy fighter part of today’s generation of warplanes. There is a next generation of fighter jets in the concept stages offering even more high-tech advances, including potentially pilotless versions, but they won’t arrive before the next decade at the earliest.
Gall, who recently graduated from fighter pilot training school, said the F-35 is easy to fly and that technology would likely make its successors even easier. But he stressed that the fighter pilot’s role would remain intense.
Even if that role isn’t going away anytime soon, the Pentagon is working on transforming it.
The Air Combat Evolution program, run by the Pentagon’s DARPA research agency, is working on incorporating artificial intelligence into warfighting, including designing a plane that can fly itself in a dogfight.
The program has already carried out a live simulation of air combat, pitting a virtual plane piloted by an AI agent against a human pilot. If all goes well, researchers plan to carry out a live dogfight with AI-enabled planes by 2024.
Experts, though, are skeptical pilots will be eliminated from the cockpit in the near future.
“I don’t think we’ll be at the stage of not needing fighter pilots for a few decades yet,” said Jennings, the aviation editor. “Unmanned technology and the public willingness to accept not having a human in the loop are just not there, and won’t be for at least another 30 years or so.”
___
Videojournalist Cassandra Allwood contributed to this report.
___
For all of AP’s tech coverage, visit https://apnews.com/apf-technology
___
Follow Kelvin Chan at www.twitter.com/chanman | https://cw33.com/technology/ap-technology/tomorrows-top-gun-might-have-drone-wingman-use-ai/ | 2022-07-22T21:27:54Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Katten announced today that the firm was named a leader in Hatch-Waxman litigation for the third consecutive year in the 2022 Abbreviated New Drug Application (ANDA) Litigation Intelligence Report. The report, released by intellectual property analytics company Patexia, is a comprehensive look at the top 100 best-performing and most active Hatch-Waxman attorneys and law firms.
Katten ranked among the top three law firms in the Top 100 Most Active Law Firms Representing Defendants category. The firm also was ranked in the top 10 of the Top 100 Most Active Law Firms Overall (Representing Defendants or Plaintiffs) table and highly rated in the Best Performing Law Firms Representing Defendants category. Katten also appeared on the list of Best Performing Law Firms Overall (Representing Defendants or Plaintiffs).
"As one of the most active ANDA law firms in the US, this report affirms why Katten is so well known for our handling of Hatch-Waxman cases on behalf of the world's largest generic pharmaceutical companies," said Deepro R. Mukerjee, chair of Katten's global Intellectual Property department and a member of the firm's Board of Directors. "The report also demonstrates that Katten's IP patent attorneys are part of an experienced industry-leading team repeatedly trusted by clients to represent them in high-stakes and complex litigation in the pharmaceutical and biotech industry."
Seven of Katten's Patent Litigation attorneys were individually ranked as top active ANDA litigators. Featured in the report along with Mukerjee are Patent Litigation co-chairs Lance A. Soderstrom and Brian Sodikoff; partners Christopher B. Ferenc, Joseph M. Janusz, Dr. Jitendra "Jitty" Malik; and associate Jillian M. Schurr. Mukerjee, Janusz and Malik were each named individually on the Best Performing ANDA Attorneys Representing Defendants list while Mukerjee, Soderstrom, Janusz and Malik were spotlighted in the Top 100 Most Active ANDA Attorneys Overall (Representing Plaintiffs and Defendants) category.
The 2022 ANDA Litigation Intelligence Report is the third annual Patexia report based on the activity and performance of attorneys and law firms for Hatch-Waxman litigation. Researchers evaluated 269 law firms and 1,857 ANDA attorneys and analyzed the data from 1,439 ANDA cases filed from July 1, 2017 through June 30, 2022.
Patexia is the largest network for intellectual property professionals, with over 100,000 attorney profiles.
Katten is a full-service law firm with approximately 700 attorneys in locations across the United States and in London and Shanghai. Clients seeking sophisticated, high-value legal services turn to Katten for counsel locally, nationally and internationally. The firm's core areas of practice include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth. Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals.
For more information, visit katten.com.
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SOURCE Katten | https://www.mysuncoast.com/prnewswire/2022/08/22/katten-ranks-among-top-three-most-active-law-firms-anda-litigation/ | 2022-08-22T15:48:58Z |
Celebrating its 10th Anniversary, Tintri Introduces 10 Unique Features Delivering AI-Driven Autonomous Data Services and Ease-of-Use in Hybrid Cloud Ecosystems
SAN FRANCISCO, Aug. 29, 2022 /PRNewswire/ -- (VMWare Explore Booth #1604) -- Tintri®, a DDN® subsidiary and the leading provider of auto adaptive, workload intelligent platforms, is celebrating its 10th anniversary of product availability with the "neXt" evolution of Tintri's VMstore® series. Expanding on its purpose-built, auto adaptive VMstore platform, Tintri's new Virtual Series incorporates 10 unique features that comprise the company's Platform as a Service (PaaS) approach. The Virtual Series offers autonomous QOS, predictive analytics, distributed data services, and ease-of-use in a robust and efficient virtual data workload management platform for hybrid cloud ecosystems.
As businesses continue to adapt to the massive influx of data and mobile workforces, there is a critical need to implement a more flexible and interconnected IT ecosystem to manage the size and complexity of applications. IT departments must not only manage code updates and new features for these applications, but also the underlying infrastructure which affects workflows while protecting data from being compromised due to ransomware and other impacts. Tintri has seen the movement toward containerization in hybrid IT environments and has adapted its intelligent analytics to enhance locality, security and predictive failure and recovery capabilities.
"We are in close collaboration with our customers and partners and understand the challenges they continue to face as data and application implementation becomes more distributed," said Phil Trickovic, SVP of Revenue, Tintri. "Because of our unique architecture meant specifically for virtual data sets, we are perfectly positioned to meet these new customer challenges and bring tremendous value by rapidly advancing the technology needed to address these new industry dynamics. By decoupling Tintri's AI-powered software from our hardware platform, VMstore customers can now deploy the efficient, transparent and easy-to-use data management platform they're accustomed to with Tintri."
Businesses have consistently turned to Tintri for ease of use, predictable performance and stable service. Customers rely on Tintri to help reduce overhead costs and resources required to manage IT operations, particularly when integrating a cloud strategy. Tintri enables customers to focus on strengthening business operations, leveraging the platform's intelligence to stay ahead of the curve. Tintri VMstore is purpose-built for virtualized workloads and is now taking this same approach to develop the virtual version of VMstore technology, opening the door to new levels of infrastructure efficiency in hybrid cloud ecosystems.
Tintri Virtual Series Features
Tintri's neXt data management platform will consist of a new Virtual Series solution that enables 10 technology features to lower cost and complexity and gain backup and disaster recovery efficiencies, with the option to deploy and transfer within both on-prem and cloud environments.
- Tintri's One Stop Hybrid Cloud Shop
- Reduce Expense and Complexity of Data Protection
- Simplified Hybrid Cloud Workload Management
- Enhanced Security and Visibility
- Container Data Services for Cloud Native Applications
"The new Virtual Series platform and the 10 neXt feature additions were designed to address the shift we have seen in the IT market over the last 3-5 years," said Brock Mowry, Tintri's CTO. "Because of VMstore's unique ability to see and manage virtual workloads, these neXt features give users a complete view into their hybrid cloud needs. Both performance and data protection tie back to Tintri's Analytics platform allowing users to design the infrastructure, both cloud and on-prem to best serve the organization's entire application needs."
Tintri Virtual Series Availability & Beta Program
The 10 Virtual Series features will roll out over the next 15 months. Tintri Data Security Services and Tanzu Integration are both available today to existing VMstore customers. For more information, contact a Tintri sales representative or visit https://tintri.com/company/talk-to-an-expert/.
Tintri will also launch several beta programs as Tintri rolls out its neXt generation platform. For new and existing customers interested in participating, please email beta@tintri.com for more information.
About Tintri
Tintri, a wholly owned subsidiary of DataDirect Networks (DDN), delivers purpose-built solutions to store and manage virtual machines in enterprise data centers. Thousands of customers have saved countless administrative hours using Tintri's innovative technologies. Explore the Tintri portfolio of solutions at https://www.tintri.com.
Contact:
Walt & Company, on behalf of Tintri
Sharon Sumrit, 408.369.7200 x2981
tintri@walt.com
©2022 All rights reserved. DDN and Tintri are trademarks or registered trademarks owned by DataDirect Networks. All other trademarks are the property of their respective owners.
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SOURCE Tintri by DDN | https://www.kxii.com/prnewswire/2022/08/29/next-evolution-tintri-vmstore-breaks-out-data-center-into-cloud/ | 2022-08-29T11:29:48Z |
Wamego Police Chief says meeting with city manager delayed
Published: Jun. 20, 2022 at 7:14 PM CDT|Updated: 53 minutes ago
WAMEGO, Kan. (WIBW) - Wamego’s Police Chief did not return to duty Monday.
Wamego Police Chief Michael Baker tells 13 NEWS that a meeting planned Monday morning was postponed to Wednesday. Baker says he arrived at the meeting when he was given a note stating it was rescheduled for Wednesday.
Baker told 13 NEWS last Tuesday that he was given a letter from City Manager Stacie Eichem stating he was suspended through Monday and needed to meet with Eichem before then. Baker was originally set to return to work Monday after being suspended last week.
We have reached out to the city for further comment.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/21/wamego-police-chief-says-meeting-with-city-manager-delayed/ | 2022-06-21T01:07:39Z |
Potential tropical storm heads for Mexico, Texas Gulf coast
Published: Aug. 20, 2022 at 12:19 PM EDT|Updated: 11 minutes ago
MEXICO CITY (AP) — A potential tropical storm is heading for the U.S.-Mexico border area, and could cause rains and flash flooding in northeastern Mexico and south Texas.
The U.S. National Hurricane Center in Miami said Saturday that potential Tropical Cyclone Four was located about 165 miles (270 kilometers) south-southeast of the mouth of the Rio Grande.
That area includes the Mexican border city of Matamoros, across from Brownsville, Texas.
The disturbance was moving northwest at 13 mph ( 20 kph), and could become a tropical storm before hitting land late Saturday.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/20/potential-tropical-storm-heads-mexico-texas-gulf-coast/ | 2022-08-20T16:32:31Z |
‘Seinfeld,’ Bean Box debut coffee collection based on sitcom’s characters
Published: May. 18, 2022 at 7:07 PM CDT|Updated: 12 minutes ago
(CNN) - Attention “Seinfeld” fans: You can now match your favorite coffee flavor with your favorite character from the TV show.
Coffee roaster Bean Box has partnered with the popular ‘90s show to create four curated, artisan blends that embody the show’s characters.
There’s a medium roast called Elaine’s Little Kicks, a dark roast called George’s Serenity Now, and an Ethiopian blend called Kramer’s Giddy Up.
And, of course, there’s the show’s namesake coffee, a Brazilian blend called Jerry’s Diner Blend.
The “Seinfeld” coffee collection is available for a limited time on Bean Box’s website in varying sizes.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/19/seinfeld-bean-box-debut-coffee-collection-based-sitcoms-characters/ | 2022-05-19T00:21:47Z |
Participating Interest In Corentyne Block Now 32% CGX And 68% Frontera
The Joint Venture Anticipates Spudding the Wei-1 Exploration Well in October 2022
CGX and Frontera Agree To Convert May 2021 and March 2022 Loans Into Participating Interest In Corentyne
TORONTO, July 22, 2022 /PRNewswire/ - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today that the companies have entered into an agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary of Frontera on January 30, 2019, as amended (the "Agreement"), effectively farming into the Corentyne block and securing funding for the Wei-1 exploration well. The Agreement remains subject to certain conditions precedent, including approval of the TSX Venture Exchange (which is subject to the receipt by CGX of a formal valuation), TSX acceptance of the Agreement, and certain confirmations from the Government of Guyana relating to the petroleum agreement for the Corentyne block.
"CGX is pleased to complete this farm-in agreement with Frontera, which enables CGX to strengthen its balance sheet and secure funding for the Wei-1 exploration well. Our continued partnership with Frontera reflects the significant value we have created on the Corentyne license and the opportunity set that is now before us following the discovery of hydrocarbons at the Kawa-1 exploration well. We are focused now on the transformational potential of the Corentyne block ahead of spudding the Wei-1 exploration well in October 2022, pending rig release from the current operator," said Professor Suresh Narine, Executive Co-Chairman of CGX.
"Frontera is excited to complete this agreement with CGX, and continue our work together on the Corentyne Block," said Orlando Cabrales, Chief Executive Officer of Frontera. "Building on the Joint Venture's recent light oil and condensate discovery at the Kawa-1 exploration well, the Agreement supports CGX's capital needs for the Wei-1 exploration well and provides Frontera with an increased participating interest in the Corentyne block which is truly one of the most exciting exploration areas in the world."
As part of the Agreement, CGX will transfer 29.73% of its participating interest in the Corentyne block to Frontera in exchange for Frontera funding the Joint Venture's costs associated with the Wei-1 exploration well for up to US$130 million and up to an additional US$29 million of certain Kawa-1 exploration well, Wei-1 pre-drill, and other costs. In addition, CGX shall assign an additional 4.94% of its participating interest in the Corentyne block to Frontera as consideration for the repayment of the outstanding principal amounts under (i) the previously announced US$19 million convertible loan to CGX dated May 28, 2021, as amended, and (ii) the previously announced US$35 million convertible loan to CGX dated March 10, 2022, as amended, and a cash payment of US$3.8 million. As a result of this agreement, CGX will have a 32.00% participating interest and Frontera will have a 68.00% participating interest in the Corentyne block .
The transactions described herein between Frontera and CGX are related party transactions under Multilateral Instrument 61-101 but are exempt from the obligations to obtain a formal valuation and approval from a minority of shareholders. Nevertheless, CGX is in the process of obtaining a formal valuation for the Corentyne block in connection with the Agreement, in accordance with the TSX Venture Exchange requirements. The material change report to be filed by CGX in connection with this news release will contain the required disclosure regarding such exemptions and the formal valuation for the Corentyne block obtained by CGX.
NEITHER THE TORONTO STOCK EXCHANGE, TSX VENTURE EXCHANGE NOR THEIR REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TORONTO STOCK EXCHANGE AND TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Wei-1 Exploration Well
Final preparations are underway in advance of spudding the Joint Venture's second exploration well, called Wei-1, in October 2022, subject to rig release from a third-party operator. The necessary long lead materials have been secured and are being mobilized. As of July 15, 2022, 95% of key drilling staff that executed the Kawa-1 exploration well remain contracted for the Wei-1 exploration well. An independent operations readiness review has been completed with no significant obstacles to spud.
The Wei-1 exploration well will be located approximately 14 kilometres northwest of the Kawa-1 exploration well in the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana. The Wei-1 exploration well will be drilled in water depth of approximately 1,912 feet (583 metres) to an anticipated total depth of 20,500 feet (6,248 metres) and will target Campanian and Santonian aged stacked channels in a western channel complex in the northern section of the Corentyne block.
CGX Resources Inc. ("CGX Resources"), operator of the Corentyne Block, has again contracted (the "Drilling Contract") the Maersk Discoverer to drill the Wei-1 exploration well, maintaining continuity in the exploration program during a period of high demand in the region and consistency in working with a team familiar with the rig, which is important from a health and safety, efficiency and operational perspective.
In conjunction with the Drilling Contract between CGX Resources and Maersk, Frontera anticipates entering into a parent company guarantee (the "Guarantee") with Maersk for certain obligations in connection with the day rates under the Drilling Contract on behalf of CGX Resources, up to a maximum of US$30 million subject to a sliding scale mechanism in connection with payments made under the Drilling Contract. Frontera and CGX entered into an agreement pursuant to which all amounts drawn under the Guarantee that are attributed to CGX Resources' share of the Joint Venture costs shall be guaranteed by CGX until such time as all conditions precedent to the Agreement have been satisfied.
About CGX
CGX is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana.
About Frontera
Frontera Energy Corporation is a Canadian public company involved in the exploration, development, production, transportation, storage and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 33 exploration and production blocks in Colombia, Ecuador and Guyana, and pipeline and port facilities in Colombia. Frontera is committed to conducting business safely and in a socially, environmentally and ethically responsible manner.
If you would like to receive News Releases via email as soon as they are published, please subscribe here: http://fronteraenergy.mediaroom.com/subscribe.
Corporate Presentation
See Frontera Energy's corporate presentation at: https://www.fronteraenergy.ca/reports-presentations/
Social Media
Follow Frontera Energy social media channels at the following links:
Twitter: https://twitter.com/fronteraenergy?lang=en
Facebook: https://es-la.facebook.com/FronteraEnergy/
LinkedIn: https://co.linkedin.com/company/frontera-energy-corp
Advisories
Cautionary Note Concerning Forward-Looking Statements:
This press release contains forward-looking information within the meaning of Canadian securities laws. Forward-looking information relates to activities, events or developments that CGX and Frontera believe, expect or anticipate will or may occur in the future. Forward-looking information in this press release includes, without limitation, statements relating to the anticipated change in the parties' participating interests in the Corentyne block under the Agreement, including as a result of additional funding obligations of Frontera for the Wei-1 exploration well and the anticipated discharge of an aggregate US$54 million under outstanding convertibles loans to CGX, the parties' expectations as to drilling plans, operational readiness and timing for spudding the Wei-1 exploration well, the necessary governmental and regulatory approvals to be obtained in connection with the Agreement, (including certain confirmations from the Government of Guyana relating to the petroleum agreement for the Corentyne block, approval of the TSX Venture Exchange (which is subject to the receipt by CGX of a formal valuation) and TSX acceptance of the Agreement), and a parent company guarantee required in connection with drilling of the Wei-1 exploration well. All information other than historical fact is forward-looking information.
Forward-looking information reflects the current expectations, assumptions and beliefs of CGX, and Frontera based on information currently available to them and considers the experience of CGX and Frontera and their perception of historical trends. Although CGX and Frontera believe that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be placed on such information. Forward-looking information is subject to a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to CGX and Frontera. The actual results of CGX or Frontera may differ materially from those expressed or implied by the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, either of CGX or Frontera. The annual information form of Frontera for the year ended December 31, 2021, and CGX and Frontera's management's discussion and analysis for the year ended December 31, 2021, and quarter ended March 31, 2022, and other documents each of CGX and Frontera files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge by referring to each company's profile on SEDAR at www.sedar.com. All forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, each of CGX and Frontera disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
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SOURCE Frontera Energy Corporation | https://www.mysuncoast.com/prnewswire/2022/07/22/cgx-energy-frontera-energy-announce-transaction-corentyne-block-that-secures-funding-wei-1-exploration-well/ | 2022-07-22T12:52:32Z |
NEW YORK, July 13, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04687, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Teladoc securities between October 28, 2021 and April 27, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Teladoc securities during the Class Period, you have until August 5, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Teladoc provides virtual healthcare services in the U.S. and internationally through Business-to-Business and Direct-to-Consumer ("D2C") distribution channels. The Company offers its customers various virtual products and services addressing, among other medical issues, mental health through its BetterHelp D2C product, and chronic conditions.
Teladoc touts itself as "the first and only company to provide a comprehensive and integrated whole person virtual healthcare solution that both provides and enables care for a full spectrum of clinical conditions." Despite recent market concerns over new entrants to the telehealth field, such Amazon.com, Inc. and Walmart Inc., the Company has continued to assure investors of the Company's dominant market position in the industry.
In fact, as recently as February 2022, Teladoc forecasted full year ("FY") 2022 revenue of $2.55 - $2.65 billion, as well as adjusted earnings before interest, taxes, depreciation, and amortization ("EBITDA") of $330 - $355 million, on anticipated continued growth through its competitive advantages.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On April 27, 2022, Teladoc announced its first quarter ("Q1") 2022 financial results, including revenue of $565.4 million, which missed consensus estimates by $3.23 million, and "net loss per share of $41.58, primarily driven by [a] non-cash goodwill impairment charge of $6.6 billion or $41.11 per share." Additionally, the Company revised its FY 2022 revenue guidance to $2.4 - $2.5 billion and adjusted EBITDA guidance to $240 - $265 million "to reflect dynamics we are currently experiencing in the [D2C] mental health and chronic condition markets." On a conference call with investors and analysts that day to discuss Teladoc's Q1 2022 results, Defendants largely attributed the Company's poor performance, revised FY 2022 guidance, and $6.6 billion non-cash goodwill impairment charge to increased competition in its BetterHelp and chronic care businesses.
On this news, Teladoc's stock price fell $22.48 per share, or 40.15%, to close at $33.51 per share on April 28, 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
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/2022/07/13/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-teladoc-health-inc-class-action-lawsuit-upcoming-deadline-tdoc/ | 2022-07-13T22:11:07Z |
Global packaging leader to provide US $250,000 to two start-ups with cutting edge innovations for a more sustainable future for packaging
ZURICH, Sept. 6, 2022 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has announced the first batch of recipients for its ground-breaking Amcor Lift-Off seed funding initiative. Launched in April, Amcor Lift-Off targets breakthrough, state-of-the-art technologies that will further advance Amcor's initiatives to make the future of packaging more sustainable.
Following multiple pitch rounds, the winners of the initial Lift-Off program are:
- Bloom Biorenewables Ltd: A chemical and biomaterials company, which converts plant waste into chemicals used in packaging; and
- Nfinite Nanotechnology: An advanced materials company, which leverages smart nanocoatings to make packaging recyclable and compostable.
Each company will receive investments of US $250,000 and access to Amcor's best-in-class research and development resources.
Frank Lehmann, Vice President, Corporate Venturing and Open Innovation at Amcor, said: "Amcor is continuously reimagining what is possible for packaging and our aim is to drive sustainability through unrelenting innovation. These initial investments are just the start, as Amcor will continue to invest in market disruptors and ways to elevate expectations for our industry.
"We've been very impressed with what Bloom and Nfinite Nanotechnology have to offer, having risen to the top of a highly competitive field to become the first recipients of Amcor Lift-Off funding. Both start-ups are rooted in a culture of innovation and creativity, looking to break boundaries and disrupt the packaging industry as we know it. Going beyond traditional borders and uncovering the best and brightest ideas from across the globe will enable Amcor to take innovative leaps for the industry and environment."
Bloom technology responds to two acute needs of the chemical and packaging industry: the sourcing of renewable carbon for packaging made from biomaterials and circular end-of-life solutions for such packaging. The Swiss-based start-up has developed a new type of polyester made from plants. The properties of this new biomaterial match both the mechanical and functional requirements needed for quality packaging and provide a more sustainable end-of-life solution, being both recyclable and biodegradable. Amcor's investment in Bloom will support its continued growth and expansion, notably helping with the installation of new technical facilities and team hires.
Remy Buser, co-founder and CEO at Bloom Biorenewables Ltd, commented: "Lift-Off is an outstanding initiative accelerating both innovations and their implementation in the field of sustainable packaging. Bloom is extremely proud and excited to join this program and co-develop tomorrow's packaging solutions in collaboration with Amcor. We envision that a successful partnership will lead to offtake agreements and accelerate our market entry."
Developed at the University of Waterloo, Nfinite Nanotechnology is a venture-backed startup in Canada, revolutionizing nanocoating to provide superior performance for keeping products fresh and enable the use of truly sustainable packaging at a commercial scale and cost. Nfinite's vapor deposited nanocoating is eco-friendly, solvent-free, ultrathin, multifunctional, and applied at low temperature in open air without a vacuum chamber. This will be a step-change in the field, unlocking new opportunities for process integration and scalability, offering endless breakthrough applications beyond packaging. Amcor's investment will help the start-up scale its team as well as demonstrate, certify, and adopt its innovations for broadscale commercial use in the packaging industry.
Chee Hau Teoh, CEO and Co-Founder at Nfinite Nanotechnology, said: "We are excited to work with industry leaders the caliber of Amcor to rethink and redefine packaging for a circular economy. Amcor's expertise and support will enable us to streamline the integration of our nanocoating solution into existing packaging production ecosystems. With the support of partners such as Amcor, we will accelerate the global transition to eliminate plastic waste."
Bloom and Nfinite Nanotechnology represent the first two companies selected in the Amcor Lift-Off initiative, with more recipients to be announced soon. Amcor Lift-Off is part of the organization's corporate venturing work focused on investing in innovative businesses and more sustainable packaging solutions to drive long-term growth. Earlier this year, Amcor announced a strategic investment in PragmatIC Semiconductor, a world leader in ultra, low-cost electronics which can be embedded into packaging. This followed an earlier investment in ePac Flexible Packaging in 2021.
To learn more about Amcor's corporate venturing and how to submit entries focused in the areas of recycling systems, alternative barriers, paper-based solutions, smart and connected packaging, biomaterials, or new industry business models for subsequent Lift-Off programs, click here: https://www.amcor.com/about/ventures
About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated $15 billion in annual sales from operations that span 220 locations in 43 countries. NYSE: AMCR; ASX: AMC
www.amcor.com I LinkedIn I Facebook I Twitter I YouTube
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SOURCE Amcor | https://www.mysuncoast.com/prnewswire/2022/09/06/amcor-reveals-lift-off-seed-capital-winners-with-investments-that-seek-drive-revolution-packaging/ | 2022-09-06T09:54:09Z |
As the Midwest region's largest Web3 event, Global VC Firm Decasonic Convenes Top Institutional Investors and Innovators to Chicago
CHICAGO, July 28, 2022 /PRNewswire/ -- Decasonic, a global venture and digital assets fund, today welcomed over 300 registered participants for their inaugural Web3 Investor Day in Chicago. The single day conference on July 28, 2022 includes a series of panels with industry thought leaders from both web3 native and traditional institutions. The full day's agenda including speaker bios can be found at https://linktr.ee/web3id.
"There should be no doubt that Chicago is a top-tier Web3 innovation hub," said Paul Hsu, Founder and CEO of Decasonic, the organizer of the Web3 Investor Day. "And our sold-out inaugural summit includes the best founders, innovators, and investors to explore the next frontier of innovation which will be transformational for the future of our economy and global startup ecosystem."
Speakers include Deputy Mayor for Economic & Neighborhood Development Samir Mayekar of the City of Chicago, Sam Yagan of Corazon Capital, Rumi Morales of Digital Currency Group, Jason Pritzker of The Pritzker Organization, Ben Weiss of CoinFlip, Brett Harrison of FTX U.S., Paul Hsu of Decasonic, and others who are headlining the inaugural Web3 flagship event in an effort to bring together institutional investors and web3 founders to learn about this technology's constant innovations, as well as to promote mainstream web3 adoption.
There are over 300 registered participants, over 160 of which are institutional investors, and over 50 are founders of web3 companies. The day's scheduled content includes 33 speakers, 10 of which are female leaders in web3.
Top technology talent is choosing to build in the city of Chicago. Currently many top tier innovators are headquartered in the technology centers around Fulton Market and River North. City developers are working on creating and defining a fresh epicenter of excellence surrounding this new wave of technology innovation.
Coming in summer of 2024, the Sterling Bay-developed Lincoln Yards is set to be the city's most metaverse-ready neighborhood. This innovation will cater to the use cases among the diverse set of industries that call Chicago their world headquarters, including healthcare, biotech, quantum technology, logistics, food and beverage, and financial services.
Web3 Investor Day is honored by the strong and diverse demand for attendance, as well as the support of our sponsors who made the conference possible. Presenting sponsors include Decasonic, Bridge Alternatives, Sterling Bay, and World Business Chicago.
You can follow the latest from the inaugural event via Twitter: @Web3InvestorDay or #Web3InvestorDay
Decasonic is the venture and digital assets fund building blockchain and web3 innovation. They draw on decades of experience as tech investors and operators to help founders in blockchain accelerate product-market fit and scale growth. As believers, builders, and investors in blockchain since 2013, they've engineered a systematic approach to iconic growth – with people, data, and relationships as the north stars of the fund. Visit
www.decasonic.com to learn more.
Bridge Alternative Investment Solutions continues to provide virtually every function that an in-house CFO, COO and/or Controller would provide, including books and records management, cash movements and controls, fee calculations and billing, audit management and coordination, tax compliance and coordination and service provider oversight and relationship management. For further information, please visit www.bridgealternatives.com.
Sterling Bay is a national real estate company that boldly transforms spaces, industries, and communities across the country, sparking growth and opportunity at every turn. Known for creating innovative urban headquarters for world-class companies such as Google, McDonald's, WPP, Pinterest, Dyson and Tyson Foods, Sterling Bay is consistently recognized for award-winning projects that strengthen a company's culture and brand. Sterling Bay's team of more than 185 professionals is responsible for a portfolio of creative office, multifamily, life sciences and industrial assets exceeding $20 billion. For more information, visit www.sterlingbay.com.
World Business Chicago serves a critical role in driving inclusive and equitable recovery throughout the city's 77 neighborhoods, focused on high growth sectors: transportation, distribution, & logistics; manufacturing; healthcare & life sciences, and our local innovation, startup, & venture ecosystem. As the City of Chicago's economic development agency, World Business Chicago leads corporate attraction & retention, workforce & talent, community impact, and promotion of Chicago as a leading global city. Supported by a council of 300+ local leaders, World Business Chicago's portfolio of innovation & venture programs include: the Chicago Venture Summit series, Startup Chicago, ThinkChicago, and Venture Engine with the Illinois Science and Technology Coalition (ISTC). Follow World Business Chicago on LinkedIn and Twitter for daily news and announcements on company relocation and expansion; industry and ecosystem growth, U.S. and world rankings, and more about Chicago's economic progress. More information can be found at www.worldbusinesschicago.com
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SOURCE World Business Chicago | https://www.mysuncoast.com/prnewswire/2022/07/28/inaugural-web3-investor-day-launches-chicago/ | 2022-07-28T12:42:00Z |
The Partnership Will Provide Customers with best-in-class Shipment Visibility
SANTA FE SPRINGS, Calif., Sept. 15, 2022 /PRNewswire/ -- Today, global shipping leader General Logistics Systems (GLS), announced that it will be partnering with project44 for enhanced shipment visibility across their US service area. The decision will grant a range of improvements to the company's customer experience, including real-time, end-to-end shipment updates, as well as enhanced communication with the addition of proactive alerts. Furthermore, the project44 platform will help GLS achieve expanded network visibility, predict delivery issues, and reduce operational costs.
Of the company's announcement, Steve Griffin, GLS US Parcel Services COO commented, "A partnership with project44 is something GLS has been looking forward to, as it equips us with new and enhanced abilities that we can use to advance our services. GLS expects this platform to help the company optimize operational costs, improve customers' delivery experiences, and boost our service speeds. These benefits are guaranteed to establish GLS as the premier provider of parcel and freight delivery services in every geography we service."
project44 has developed a set of advanced shipment solutions, which GLS aims to take advantage of. These include:
- Providing real time alerts to consignees so they know when their order was shipped, on-road, and delivered.
- Streamlining collaboration between different parties during the shipment process.
- Enabling access to consumer delivery experience capabilities already widely used in the eCommerce market.
- Accessing new supply chain improvements via AI integrations.
- Aggregating shipping data for enhanced reporting and predictive analytics.
GLS' partnership with project44 is just one part of its expanding service improvements, including a revamped website and upgrades to its hubs.
About GLS: GLS is a global shipping company that provides parcel and freight delivery throughout the West. Its services include Priority, Ground, and Freight delivery.
Visit GLS-US.com to learn more.
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SOURCE GLS | https://www.mysuncoast.com/prnewswire/2022/09/15/gls-us-partners-with-project44-end-to-end-shipment-updates/ | 2022-09-15T18:13:28Z |
- Second edition of 50 Next list features people from 30 territories across 6 continents
- Unranked list includes individuals ranging in age from 22 to 37
- Seven categories recognise those working across gastronomy: Gamechanging Producers; Tech Disruptors; Empowering Educators; Entrepreneurial Creatives; Science Innovators; Hospitality Pioneers and Trailblazing Activists
- More than 400 candidates were considered from applications, nominations and talent directly scouted by the Basque Culinary Center, 50 Next's Academic Partner
BILBAO, Spain, June 24, 2022 /PRNewswire/ -- The organisation behind The World's 50 Best Restaurants and The World's 50 Best Bars has today unveiled the second edition of 50 Next – a list, but not a ranking, of young people shaping the future of gastronomy. This year marks the first-ever live event to celebrate 50 Next, held at the Palacio Euskalduna in Bilbao, Basque Country, Spain. Designed to inspire, empower and connect the next generation of leaders, 50 Next celebrates people aged 35 and under from across the wider food and drink scene. The list also considers applicants over the age of 35 who have recently set out on a new career path.
Building on the first edition of the list revealed in 2021, the second edition of 50 Next aims to reflect the diversity of the global gastronomic scene. The Class of 2022 includes a wide range of ground-breaking individuals including: innovative thinkers Anusha Murthy and Elizabeth Yorke, who are sparking conversation around Indian food systems; Dinara Kasko, the Ukrainian cake-maker who started a pastry revolution; Mmabatho Molefe, the chef empowering Black women and challenging misconceptions of indigenous cuisine, and Lefteris Arapakis, the fisherman tackling ocean pollution in Greece. Full information about each person can be found on the 50 Next website here.
William Drew, Director of Content for 50 Best, says: "We are delighted to announce the 50 Next Class of 2022 at a live ceremony, where we can celebrate the next generation of gastronomic leaders together and pay tribute to their incredible achievements."
To celebrate the unveiling of the Class of 2022, as well as to honour the Class of 2021, a one-day 50 Next event was hosted in partnership with the Biscay region and Basque Government, which culminated in the announcement of the 2022 list.
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SOURCE 50 Best | https://www.mysuncoast.com/prnewswire/2022/06/24/biggest-future-gamechangers-gastronomy-are-revealed-50-next-returns-highly-anticipated-second-edition/ | 2022-06-24T14:49:46Z |
- This order marks an expansion for Vuzix into the growing robotics and cybersecurity markets
ROCHESTER, N.Y., April 1, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that it has signed a distribution agreement with Robotiques Cyborg, a France-based multi-national distributor of high-technology solutions, and has received and shipped against an initial $300,000 order from them for Vuzix smart glasses.
To date, Robotiques Cyborg has partnered with companies focused on robotics and cybersecurity. Robotic products include commercial service robots, customizable service robots and smart robotic hands. Cybersecurity solutions involve the protection, authentication, and enhancement of customer brands, services and revenue. Industry verticals served include construction, shopping malls, hospitals, restaurants, hotels and arcades.
Robotiques Cyborg's partnership with Vuzix adds a full line of industry-leading smart glasses to its portfolio of distributed solutions. Through the use of Vuzix smart glasses, the company believes its customers will be able to reduce their CO2 emissions via remote meetings that can be conducted anywhere, take out the language barrier for personal and business use, more easily access certain applications, and possible control certain robots with the glasses, among other things. The company's website can be accessed at https://www.robotiquescyborg.fr/
"We are thrilled to be partnering with Robotiques Cyborg, who can not only provide us with new and diverse distribution opportunities, but also integrate our smart glasses into the installation and servicing process for various robotic solutions," said Paul Travers, President and CEO of Vuzix. "We look forward to supporting their efforts to help their customers gain competitive advantages within their respective industry verticals."
About Vuzix Corporation
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 245 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Smart Glasses, our business relationship and future opportunities with Robotiques Cyborg and its customers, and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation | https://www.mysuncoast.com/prnewswire/2022/04/01/vuzix-signs-distribution-agreement-with-robotiques-cyborg-receives-initial-smart-glasses-order/ | 2022-04-01T16:18:44Z |
Drought leads power company to store more water behind dam
BILLINGS, Mont. (AP) — NorthWestern Energy is reducing the amount of water it releases from Hebgen Dam into the Madison River for nearly three weeks now in order to store additional water in the reservoir for use this summer. The utility must balance the use of water to allow for recreation at Hebgen Reservoir and cool water for fish in the Madison River, along with irrigation and electricity generation at hydroelectric dams farther downstream — all while a drought continues. The Federal Energy Regulatory Commission, along with state and federal wildlife and other regulatory agencies worked together on the management plan. | https://localnews8.com/news/ap-idaho/2022/04/04/drought-leads-power-company-to-store-more-water-behind-dam/ | 2022-04-05T01:05:47Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Datto Holding Corp. ("Datto" or the "Company") (NYSE: MSP) in connection with the proposed acquisition of the Company by Kaseya. Under the terms of the merger agreement, the Company's shareholders will receive $35.50 in cash for each share of Datto common stock owned. The transaction is valued at approximately $6.2 billion.
If you own Datto shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/msp
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Datto's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $35.50 per-share merger consideration adequately compensates Datto's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, at least one analyst set a price target for the Company of $42 per share, $6.50 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/04/11/shareholder-alert-weiss-law-investigates-datto-holding-corp/ | 2022-04-11T19:20:31Z |
34 Global Teen Leaders from 23 countries to gather and tackle the planet's most pressing issues
NEW YORK, May 23, 2022 /PRNewswire/ -- Nile Rodgers' We Are Family Foundation (WAFF) is honored to announce the 2022 Three Dot Dash Global Teen Leaders (GTLs), representing 23 countries on 5 continents. Thirty-four (34) teens were selected for their social good innovations, organizations, projects and promise for a more just, equitable and peaceful future.
Collectively, their work addresses all 17 United Nations Sustainable Development Goals.
These extraordinary young people are: Creating pipelines in the tech sector for marginalized populations in Nigeria; Ensuring a safe right to education in Israel and Palestine; Democratizing healthcare by creating novel, patented care diagnostics for disease prevention in Canada; Reducing pollution in ocean waters off India; Combatting the taboo surrounding menstrual, sexual and reproductive health in rural Peru; Providing women with digital ID for safety and strength in their socioeconomic development in Kenya, and so much more.
The 2022 GTLs will convene virtually from July 11 – August 12, 2022 for WAFF's 14th Three Dot Dash Just Peace Summit.
"The world is in a very dangerous place – environmentally, economically, politically, combined with systemic inequity and injustice permeating throughout. We need global cooperation to effectively address these issues, and we need to look to our global youth for their ideas, solutions and actions to save our planet. They don't believe in the word "NO". They believe that anything is possible, and they ACT on it. We are honored to bring the 2022 Global Teen Leaders (GTLs) into our WAFF community of hundreds of GTL Alumni and Mentors. Working independently and in collaboration across borders and cultures the GTLs remain our hope for the now, and the future. We remain grateful to our partners, SAP and Susan Rockefeller for continuing to believe in the power of our global youth." – Nile Rodgers & Nancy Hunt, Co-Founders, We Are Family Foundation
"At SAP, we want to make a more sustainable world possible. For us, that means creating positive economic, social, and environmental impact within planetary boundaries – and this goal is shared by many. What makes it possible are value-aligned partnerships that deliver results through collective action. We Are Family Foundation is a positive force for change discovering an unending pipeline of social innovators. We are honored to continue our trusted partnership with an organization that shares our belief in the power of innovation to help the world run better and improve people's lives." – Alexandra van der Ploeg, Global Head of Corporate Social Responsibility, SAP
"We Are Family Foundation's Three Dot Dash program is one of the most transformative experiences – supporting, amplifying and mentoring the work of global youth leaders around the world who are crucial to solving the most pressing problems facing our planet." – Susan Rockefeller, Founder, Musings
The 2022 Global Teen Leaders are:
Amna Habiba (Pakistan); Anne-Rosa Bilal (United Kingdom & Norway); Ashley Shan (United States & China); Charvi Gangwani (India & United States); Chinmayi Balusu (United States); Dhruv Patel (United States); Divin Lionel (Rwanda); Ebunoluwa Fagbenro (Nigeria & Turkey); Elizabeth Nyamwange (United States & Kenya); Ethan Bledsoe (United States); Gustavo Lombello (Brazil); I Ketut Darma Dipta (Indonesia); Isaac Somto (Nigeria); Jonathan Lam (United States & Vietnam); Kevin Zhu (United States); Laura Gomezjurado González (Colombia & Venezuela); Lívia Maria Souza da Silva (Brazil); Louise Sanches (Brazil); Luis Heredia (Peru); Luiza Louback (Brazil); Martin Shiloh Ponce Pabon (Bolivia & Argentina); Mohammad Hureini (Palestine); Nataly Belen Montesinos Canales (Peru); Nduku Louis Tebi (Cameroon); Neil Mitra (Canada); Nora Sun (United States); Sena Chang (South Korea, Japan & United States); Shreya Tandon (United States & India); Sriram Bhimaraju (India & United States); Terry Chen (China & Canada); Vaishnavi Jaiswal (India); Victor Eyo (Nigeria); Victoria Ren (United States); William Dalton (United States)
About We Are Family Foundation
We Are Family Foundation (WAFF) is a not-for-profit organization co-founded by legendary musician Nile Rodgers and is dedicated to the visions of a global family by creating programs that promote cultural diversity while nurturing and mentoring the vision, talents and ideas of young people who are positively changing the world. Find more information on WAFF, its programs and global community at wearefamilyfoundation.org @wearefamilyfdtn
Contact: Fran DeFeo
Phone: +1 (917) 767-5255
Email: frandefeopr@gmail.com
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SOURCE We Are Family Foundation | https://www.mysuncoast.com/prnewswire/2022/05/23/nile-rodgers-we-are-family-foundation-announces-2022-global-teen-leaders/ | 2022-05-23T19:58:08Z |
- Since future generations will shape the world, the Council of Igniters aims to improve Globant to evolve as a company
- This first edition's advisory board members were selected for their leadership among young communities and for being rising stars in various topics such as innovation, sustainability, education, and diversity
BUENOS AIRES, Argentina, Aug. 25, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, launched its "Council of Igniters," the first-ever corporate advisory board comprised entirely of Centennials or Gen Zers (those born between 1996 and 2012). The new advisory board will bring a fresh and innovative perspective to support Globant constant reinvention, towards designing the future of organizations and attracting the next generation of top global talent.
The Council of Igniters will provide Globant executives with their perspectives on diverse Company initiatives and top global issues such as climate change, entrepreneurship and the transformation of work, diversity and inclusion, education, gaming & entertainment, and music. The Council of Igniters will reconvene with the aim of obtaining different insights and uncovering new goals. The kick-off happened last week at Globant's Headquarters in Buenos Aires, Argentina.
"Globant believes that diverse teams are better at problem-solving because they bring innovative perspectives and life experiences to devise disruptive solutions," said Patricia Pomies, Chief Operating Officer, Globant. "Generational Diversity is a key pillar of our BeKind Initiative: giving voice to people of different ages is a must to discussing key issues, particularly in today's era of rapid and constant technological transformation. We are excited to keep reinventing and to be the first company to create this one-of-a-kind council of advisors."
"One of our central values is to seek reinvention in everything we do. To stay relevant, we need to remain open to different perspectives to provide great reinvention paths for our clients and ourselves as a leading global organization," said Martin Migoya, Co-founder and CEO of Globant. "The challenges and ideas that will come out of the Council of Igniters will complement the input of our employees and customers across the globe, and will enhance Globant's understanding of societal new horizons. This understanding is fundamental to our ability to keep building a unique culture for global talent, providing relevant solutions to our customers, and being champions of disruption in the technology space."
First Meeting of Council of Igniters Outcomes
During the past week in Buenos Aires, six influencers from Latin American countries (including Argentina, Brazil, Chile, Colombia, and Mexico) gathered with Globant's Top Management and leaders of different expertise, in the first Globant's Council of Igniters meeting. Through in-depth analysis and discussions, they contributed their points of view, suggestions, and life experiences in their different areas of expertise. Some interesting takeaways that emerged from the workshops include:
- Blockchain and Gaming are the future: In a world where the economic gap between social groups is increasingly widening, Igniters see technology as an ally to help reduce this problem – and specifically blockchain technology. They also identify gaming technologies as essential for companies to attract the attention of their generation.
- Technology is the strongest tool to combat the gender gap: Although it is a widespread social problem, Igniters agree that the technology industry appears to be one of the key areas in which companies can take action to reduce the gender gap by using more inclusive programming language, product designs, and more.
- Sustainability and the environment connect everyone: Organizations that help improve the environment and prioritize sustainability are allies of the new generation. Igniters value, are interested in, and immerse themselves in these initiatives, and are more inclined to support companies that also reflect and take action toward these principles.
- The Metaverse is the new 90s internet: For them, the Metaverse is similar to how the internet was in the 1990s, in that they are unsure of what potential it has. But, they believe organizations should be making it a priority to find out. Additionally, they consider the metaverse to be where their generation can digitally claim their authentic identities. Beyond all of the remaining questions that surround this technology, something is certain: virtual spaces like the metaverse motivate many people to express themselves as they are.
- The transformation of work is flexible and purpose-driven: Igniters confirmed that new generations need a flexible workplace to be able to express their creativity and an organization that provides professional development opportunities which will help them grow beyond their perceived limits. To develop professionally in a company, they believe it is important that the company shares its purpose openly and how this links to young people's goals and desires.
Find the Media Kit, here
About Globant
We are a digitally native company that helps organizations reinvent themselves and unleash their potential. We are the place where innovation, design and engineering meet scale.
- We have more than 25,900 employees and we are present in 20 countries working for companies like Google, Electronic Arts and Santander, among others.
- We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
- We were also featured as a business case study at Harvard, MIT, and Stanford.
- We are a member of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.
Contact: pr@globant.com
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For more information, visit www.globant.com.
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SOURCE Globant | https://www.kxii.com/prnewswire/2022/08/25/globant-creates-first-generation-z-corporate-advisory-board-council-igniters/ | 2022-08-25T17:31:04Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Evelo Biosciences, Inc. (NASDAQ: EVLO).
If you are a shareholder of Evelo Biosciences, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
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SOURCE Purcell & Lefkowitz LLP | https://www.wibw.com/prnewswire/2022/09/06/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-evelo-biosciences-inc-potential-breaches-fiduciary-duty-by-its-board-directors/ | 2022-09-06T14:35:48Z |
Boeing tries to catch up to SpaceX after plenty of drama
By Jackie Wattles, CNN Business
Boeing is the world’s largest aerospace company, a primary US defense contractor, and a titan of a global aviation duopoly. A few years ago, the idea that it would dominate commercial space was a given, and companies like SpaceX, a relatively young business relying on a strategy of moving fast and breaking things, would take a back seat to the move level-headed and experienced Boeing.
That, however, did not come to fruition.
Errors, delays and failures beleaguered the spacecraft’s development. There was a botched test flight, software issues, sticky valves and a lawsuit involving an executive at a subcontractor who is said to have lost his leg during a Starliner test.
After initially giving SpaceX closer scrutiny than Boeing, officials later said they regretted that as many of Starliner’s issues slipped through the cracks. SpaceX, Elon Musk’s relatively new entrant into the spaceflight business, ultimately beat Boeing to the launch pad. The company’s Crew Dragon spacecraft has now logged six astronaut launches for NASA since it entered service in 2020.
Meanwhile, Boeing is still trying to get through an uncrewed test flight. The company will make its second attempt this week, hoping a flawless performance will mend its image as the fallen star of human spaceflight.
The controversies surrounding Starliner have also added to other woes within Boeing’s commercial aircraft division that have chipped away at the company’s formerly rock-solid image over the past several years.
Here’s a look back at Starliner’s trying past.
OFT-1
In 2014, NASA awarded fixed-price contracts — meaning the space agency would only pay the initial agreed-upon price and not a penny more — to Boeing and SpaceX. The move cemented their slots as the companies that would take NASA astronauts back to space under the Commercial Crew program. Boeing’s awards totaled $4.2 billion, a significant markup compared to the $2.6 billion SpaceX was given, though the company has said that’s because SpaceX had already received millions for development of an uncrewed version of its Dragon vehicle.
Though both spacecrafts were expected to blast astronauts into space just a few years later, as the end of the decade neared, it became clear that SpaceX was outpacing Boeing.
When the company’s first uncrewed orbital flight test, dubbed OFT-1, reached the launch pad in December 2019, SpaceX had already beaten it by six months.
And almost immediately after Starliner launched on December 20, 2019, it was clear something was wrong.
Later, it was revealed that Starliner’s internal clock was off by 11 hours, which caused the spacecraft to misfire and stumble off course, NASA and Boeing officials told reporters. Starliner was forced to make an early return to Earth.
Months later, a second serious software issue was revealed, with one government safety official saying it could have caused a “catastrophic failure.” Boeing was able to identify and correct the error before it impacted Starliner’s behavior, however.
Boeing agreed to fix the issues and pay for a second attempt at the uncrewed test flight, setting aside nearly half a billion dollars. Months of troubleshooting, safety reviews and investigations followed the test flight.
Former astronaut pulls out of mission
Former NASA astronaut Chris Ferguson, who left the government astronaut corps in 2011 to help Boeing design and build the Starliner, was slated to command the first crewed mission of Starliner as a private astronaut. But after the failure of its inaugural flight test, Ferguson announced he could no longer fly on the vehicle, citing scheduling conflicts.
NASA and Boeing made the announcement in late 2020, saying Ferguson made the decision for “personal reasons.” Ferguson said in a follow-up tweet that he planned to prioritize his family, and he “made several commitments which I simply cannot risk missing.”
Though the crewed mission has been rescheduled several times, there do not appear to be plans to return Ferguson to the mission.
A NASA astronaut, Barry “Butch” Wilmore, was assigned to take Ferguson’s place.
Sticky valves and Florida humidity
Boeing believed it was ready to put Starliner back to the test last year, and it scheduled a second attempt at the orbital flight test — this one dubbed OFT-2 — for August.
More problems quickly arose. When the spacecraft was rolled out to its launch pad and began going through pre-flight ground checks, engineers discovered that key valves on the Starliner were sticking. Eventually Boeing announced that the problem could not be fixed on the launch pad, and the whole vehicle had to be rolled back to the assembly building for further troubleshooting.
By mid-August, Boeing had given up trying to fix the issues on site. The Starliner had to be sent all the way back to Boeing’s factory.
In press conferences leading up to Thursday’s test fight, Boeing officials revealed that they will fly OFT-2 this week with a “short-term” fix in place, but the company may ultimately opt to redesign the valve system.
Other issues
Adding to the questions surrounding Boeing’s safety practices as Starliner heads back to the launch pad this week is a recent report from Reuters, which highlighted a previously overlooked lawsuit filed against Boeing last year by a subcontractor who was said to have his leg partially amputated after an accident that occurred ahead of a 2017 Starliner parachute test.
Boeing confirmed in a statement that a lawsuit was filed on behalf of the employee and the subcontractor. “The matter was settled by all of the parties; the terms of the settlement are confidential,” the statement reads.
Court documents confirm the matter was settled in December 2021.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/05/18/boeing-tries-to-catch-up-to-spacex-after-plenty-of-drama-2/ | 2022-05-19T01:11:13Z |
Visitors Celebrating the "El Grito" Holiday and Hispanic Heritage Month will Enjoy Concerts, Comedy and More
Images available at press.lvcva.com
LAS VEGAS , Aug. 12, 2022 /PRNewswire/ -- This September, Las Vegas resorts and attractions will once again celebrate Mexican Independence Day— often referred to as "El Grito"— and the kick-off of Hispanic Heritage Month with world-class entertainment and an exhilarating rematch in the ring. Top Latin artists and comedians will mark their return to stages across Las Vegas during this year's observance, while the much-anticipated "Canelo vs. GGG 3" will thrill boxing fans.
Music to Keep the Party Going
- Grupo Firme brings its first U.S. stadium tour, Enfiestados y Amanecidos, to Allegiant Stadium on Thursday, Sept. 15.
- Chart-topper Carin Leon plays Michelob ULTRA Arena at Mandalay Bay Resort & Casino on Thursday, Sept. 15.
- Global sensation Alejandro Fernández heads to MGM Grand Garden Arena at MGM Grand Hotel & Casino—with special guests Amor Y Patria and Alex Fernandez—on Thursday, Sept. 15 and Saturday, Sept. 17.
- Longtime Vegas resident Carlos Santana is back for more dates at House of Blues Las Vegas at Mandalay Bay Resort & Casino on Wednesday, Sept. 14 and Friday, Sept. 16 to Sunday, Sept. 18.
- Pop act Matute brings its Quinceañera World Tour to Mandalay Bay Beach at Mandalay Bay Resort & Casino on Friday, Sept. 16.
- Singer-songwriter Gloria Trevi brings her Isla Divina Tour to Michelob ULTRA Arena at Mandalay Bay Resort & Casino on Friday, Sept. 16.
- Mr. Worldwide, Pitbull brings his Can't Stop Us Now Tour to Zappos Theater at Miracle Mile Shops at Planet Hollywood Resort & Casino on Friday, Sept. 16 and Saturday, Sept. 17.
- International superstar Enrique Iglesias brings his songbook to Resorts World Theatre at Resorts World Las Vegas on Friday, Sept. 16 and Saturday, Sept. 17.
- Singer-songwriter Pancho Barraza will entertain audiences at The Theater at Virgin Hotels Las Vegas on Friday, Sept. 16.
- Latin pop singer EMMANUEL bring his Todo La Vida tour to The Colosseum at Caesars Palace on Saturday, Sept. 17.
- Cumbia group Los Angeles Azules brings its De Iztapalapa Para El Mundo Tour to Michelob ULTRA Arena at Mandalay Bay Resort & Casino on Saturday, Sept. 17.
- Gurpero artists Bronco play The Theater at Virgin Hotels Las Vegas on Saturday, Sept. 17.
- Find two times the fun with Banda MS and Eden Muñoz as they bring the Gracias a Ti Tour to Michelob ULTRA Arena at Mandalay Bay Resort & Casino on Sunday, Sept. 18.
- Latin pop singer Christian Nodal will take the stage at MGM Grand Garden Arena at MGM Grand Hotel & Casino on Sunday, Sept. 18.
Comedy at its Best
- An Aces of Comedy series regular, Gabriel "Fluffy" Iglesias delivers laughs at The Mirage Theater at The Mirage from Thursday, Sept. 15 to Sunday, Sept. 18.
- Get even more rib-splitting fun at the Las Vegas Festival de Comedia at MGM Grand Garden Arena at MGM Grand Hotel & Casino, taking place Friday, Sept. 16 with comedy acts Franco Escamilla, La Cotorrisa, La India Yuridia, Mike Salazar, Teo González, and Rogelio Ramos.
Action in the Ring
- The weekend's most anticipated boxing action sees Canelo Álvarez taking on Gennady Golovkin in a must-see, trilogy capping match at T-Mobile Arena on Saturday, Sept. 17.
For more information about Las Vegas, visit www.VisitLasVegas.com.
The Las Vegas Convention and Visitors Authority (LVCVA) is charged with marketing Southern Nevada as a tourism and convention destination worldwide and with operating the 4.6 million square-foot Las Vegas Convention Center (LVCC). With 150,000 hotel rooms and 14 million square feet of meeting and exhibit space in Las Vegas alone, the LVCVA's mission centers on attracting leisure and business visitors to the area. The LVCVA also owns the Las Vegas Convention Center Loop, an underground tunnel designed by The Boring Company and the Las Vegas Monorail, an elevated 3.9-mile system with seven stops throughout the resort corridor. For more information, go to www.lvcva.com, www.visitlasvegas.com or www.vegasmeansbusiness.com.
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SOURCE Las Vegas Convention and Visitors Authority (LVCVA) | https://www.kxii.com/prnewswire/2022/08/12/entertainment-is-center-stage-mexican-independence-day-weekend/ | 2022-08-12T12:34:38Z |
1st day ends with no verdict in Michigan Gov. Whitmer plot
GRAND RAPIDS, Mich. (AP) — Jurors returned to court to ask a question Monday but offered no verdict during the first day of deliberations in the trial of four men accused of conspiring to kidnap Michigan Gov. Gretchen Whitmer.
U.S. District Judge Robert Jonker told jurors to “find a good distraction,” maybe the NCAA men’s basketball championship, and return Tuesday “ready to engage, fresh.”
Adam Fox, Barry Croft Jr., Daniel Harris and Brandon Caserta are charged with a kidnapping conspiracy. Three men also face additional charges, including conspiracy to use a weapon of mass destruction, namely an explosive.
The jury asked the judge for a definition of “weapon” at mid-afternoon Monday, but otherwise gave no indication of the progress of deliberations.
“Something that can be used to injure, kill or destroy someone or something,” Jonker said after consulting with prosecutors and defense lawyers. “So if that helps — I hope — great. If it doesn’t, just let us know.”
The trial has lasted 16 days, including 13 days of testimony. The jury heard hours of closing arguments and instructions Friday.
Jonker last week told jurors that the men could be convicted of conspiracy, even if a kidnapping did not occur in fall 2020.
A key factor, if the jury finds it, would be a “mutual understanding either spoken or unspoken” between two or more people in the group, the judge said.
Prosecutors said the plot was simmering for months, leavened by anti-government extremism and anger over Whitmer’s COVID-19 restrictions. With undercover FBI agents and informants embedded in the group, the men trained with a crudely built “shoot house” to replicate her vacation home, prosecutors allege.
There is no dispute that the alleged leaders, Fox and Croft, traveled to Elk Rapids, Michigan, to scout the governor’s property and a nearby bridge that same weekend in September 2020.
Ty Garbin and Kaleb Franks, who pleaded guilty and testified against the four men, were on the same road trip, along with covert investigators.
Garbin said the goal was to get Whitmer before the fall election and create enough chaos to create a civil war and stop Joe Biden from winning the presidency. Much of the government’s case came from secretly recorded conversations, group messages and social media posts.
“You heard them in their own voices over and over again,” Assistant U.S. Attorney Nils Kessler told jurors, “talking about kidnapping her, murdering her, blowing up bridges and people and anybody who could get in their way. And it wasn’t just talk.”
The men were arrested in October 2020.
Defense lawyers, especially those representing Fox and Croft, attacked the government’s investigation and the use of a crucial informant, Dan Chappel. They claimed Chappel was the real leader, taking direction from the FBI and keeping the group on edge while recording them for months.
“Dan Chappel makes everything happen,” attorney Christopher Gibbons said in his closing remarks.
Attorney Joshua Blanchard repeatedly called the scheme “smoke and mirrors.”
“There was no plan. There was no agreement,” he said.
Croft is from Bear, Delaware, while the others are from Michigan.
Whitmer, a Democrat, rarely talks publicly about the plot, though she referred to “surprises” during her term that seemed like “something out of fiction” when she filed for reelection on March 17.
She has blamed former President Donald Trump for fomenting anger over coronavirus restrictions and refusing to condemn right-wing extremists like those charged in the case.
___
Find AP’s full coverage of the Whitmer kidnap plot trial at: https://apnews.com/hub/whitmer-kidnap-plot-trial
___
White reported from Detroit.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/04/jurors-weigh-conspiracy-charges-alleged-whitmer-plot/ | 2022-04-06T17:47:29Z |
NEW YORK, Aug. 30, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Missfresh Limited (NASDAQ: MF) pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with Missfresh's June 2021 initial public offering ("IPO" or the "Offering") of the important September 12, 2022 lead plaintiff deadline in the class action first filed by the firm.
SO WHAT: If you purchased Missfresh securities pursuant and/or traceable to the IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Missfresh class action, go to https://rosenlegal.com/submit-form/?case_id=7370 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 12, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the IPO Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its Registration Statement; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Missfresh class action, go to https://rosenlegal.com/submit-form/?case_id=7370 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/08/30/rosen-top-ranked-investor-counsel-encourages-missfresh-limited-investors-secure-counsel-before-important-deadline-securities-class-action-first-filed-by-firm-mf/ | 2022-08-30T13:25:48Z |
At nearly 28 months of median follow-up, median progression-free survival
and overall survival were not yet reached
Data presented at the 2022 ASCO Annual Meeting and published in
the Journal of Clinical Oncology
CHICAGO, June 4, 2022 /PRNewswire/ -- The Janssen Pharmaceutical Companies of Johnson & Johnson announced today updated results from the Phase 1b/2 CARTITUDE-1 study evaluating the efficacy and safety of CARVYKTI™ (ciltacabtagene autoleucel; cilta-cel), a B-cell maturation antigen (BCMA)-directed chimeric antigen receptor T-cell (CAR-T) therapy. The study included patients with relapsed or refractory multiple myeloma (RRMM) who had received >3 lines of therapy including a proteasome inhibitor (PI), an anti-CD38 monoclonal antibody and an immunomodulatory agent (IMiD) or were double refractory to an IMiD and PI and who had received a PI, an IMiD and an anti-CD38 as part of previous therapy. A median overall survival (OS) of 9.3 months has been reported in refractory patients who were triple-class exposed.1 These data, featured as a poster presentation at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting (Abstract #8028), were simultaneously published in the Journal of Clinical Oncology.
The poster results showed that at a median follow-up of 28 months, in 97 patients treated with CARVYKTI™, the overall response rate (ORR) remained consistent at 98 percent (95 percent Confidence Interval [CI], 92.7 to 99.7), with 83 percent (95 percent CI, 73.4 to 89.4) of patients treated with CARVYKTI™ achieving a stringent complete response (sCR).2 The responses were durable, and median OS and progression free survival (PFS) were not reached. PFS and OS rates at 28 months follow-up were 55 percent (95 percent CI, 44.0 to 64.6) and 70 percent (95 percent CI, 60.1 to 78.6), respectively.2
Sixty-one patients had samples evaluable for minimal residual disease (MRD) status, 92 percent of whom achieved MRD negativity at the 10-5 threshold, which was sustained for ≥6 months in 68 percent (34/50 with sufficient follow-up) and ≥12 months in 55 percent (24/44 with sufficient follow-up).2 In those same patients, two-year PFS rates were 73 percent (95 percent CI, 52.1 to 85.9) and 79 percent (95 percent CI, 51.5 to 91.8), respectively, and two-year OS rates were 94 percent (95 percent CI, 76.1 to 98.3) and 91 percent (95 percent CI, 67.7 to 97.6), respectively.2 Both the two-year PFS and OS rates were favorable compared to the overall study population.2
"The latest results from the CARTITUDE-1 study further reinforce the potential of cilta-cel as an important treatment option for patients with a high unmet need who otherwise face a poor prognosis," said Saad Z. Usmani, M.D., M.B.A., F.A.C.P., Chief of the Myeloma Service at Memorial Sloan Kettering Cancer Center and study investigator.‡ "The response rates observed in the two-year follow-up, with median PFS not reached and the majority of patients achieving MRD negativity, demonstrate that cilta-cel provides the potential for long-term disease control and survival in heavily pretreated patients with relapsed or refractory multiple myeloma."
The study included patients (n=97) who received a median of six prior treatment regimens (range, 3-18).2 All patients were triple-class [IMiD, PI and anti-CD38 antibody] exposed, while 42 percent of patients were penta-drug refractory and 99 percent of patients were refractory to the last line of therapy.2
No new safety signals were observed with longer follow-up.2 The most common hematologic adverse events (AEs) observed were neutropenia (96 percent); anemia (81 percent); thrombocytopenia (79 percent); leukopenia (62 percent); and lymphopenia (54 percent).3 Since the primary 12-month publication, no new events or changes in incidence rate, time to onset, or duration of cytokine release syndrome (CRS) occurred, and one new case of treatment-related Parkinsonism, or movement and neurocognitive treatment (MNT) emergent adverse event occurred.2
CARVYKTI™ Results in Earlier Lines of Treatment
Findings from Cohort B (n=19) of the Phase 2 CARTITUDE-2 (NCT04133636) study, evaluating the safety and efficacy of cilta-cel in patients with RRMM who received one prior line of therapy including a PI and IMiD and had disease progression within 12 months of treatment with autologous stem cell transplant (ASCT) or within 12 months of the start of antimyeloma therapy for patients who have not had ASCT, showed patients treated with cilta-cel experienced early and deep responses at a median follow-up of 13-months.4 In 19 patients treated in this cohort, the ORR was 100 percent (95 percent CI, 82.4 to 100), with 90 percent (95 percent CI, 66.9 to 98.7) of patients achieving a CR or better and 95 percent (95 percent CI, 74.0 to 99.9) of patients achieving a very good partial response (VGPR) or better.4 Median time to first response was 1 month (range, 0.9-9.7).4 The 12-month PFS rate was 90 percent.4 The overall safety profile, including incidence of CRS and most common hematologic AEs, was consistent with observations in the CARTITUDE-1 study.4 These data were presented for the first time at ASCO (Abstract #8029) and will be featured as an oral presentation at the European Hematology Association (EHA) 2022 Congress (Abstract #S185).4,5
Updated results from Cohort A (n=20) of the CARTITUDE-2 study evaluating cilta–cel safety and efficacy in multiple myeloma patients who are lenalidomide refractory with 1–3 prior lines of treatment were also presented as a poster presentation at ASCO 2022 (Abstract #8020).6
"We are pleased to see the clinical benefit of CARVYKTI as demonstrated in these results from CARTITUDE-1 that show deep and durable responses were maintained over time," said Sen Zhuang M.D., Ph.D., Vice President, Clinical Research and Development, Janssen Research & Development, LLC. "As part of our dedication to advance the science of multiple myeloma, we remain committed to further investigating the potential of CARVYKTI in earlier lines of treatment, including in the CARTITUDE-2 study as part of the CARVYKTI clinical development program."
CARVYKTI™ received approval by the U.S. FDA in February 2022 for the treatment of adults with relapsed or refractory multiple myeloma after four or more prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody. CARVYKTI™ is not currently approved in any other treatment setting.
On May 25, 2022, CARVYKTI™ was granted conditional marketing authorization by the European Medicines Agency (EMA) for the treatment of adults with RRMM who have received at least three prior therapies, including a PI, an IMiD and an anti-CD38 antibody, and have demonstrated disease progression on the last therapy.
About CARVYKTI™ (ciltacabtagene autoleucel)
CARVYKTI™ is a BCMA-directed, genetically modified autologous T-cell immunotherapy, which involves reprogramming a patient's own T cells with a transgene encoding a chimeric antigen receptor (CAR) that identifies and eliminates cells that express BCMA. BCMA is primarily expressed on the surface of malignant multiple myeloma B-lineage cells, as well as late-stage B cells and plasma cells. The CARVYKTI™ CAR protein features two BCMA-targeting single domain antibodies designed to confer high avidity against human BCMA. Upon binding to BCMA-expressing cells, the CAR promotes T-cell activation, expansion, and elimination of target cells.7
In December 2017, Janssen Biotech, Inc. entered into an exclusive worldwide license and collaboration agreement with Legend Biotech USA, Inc. to develop and commercialize CARVYKTI™.
For more information, visit www.CARVYKTI.com.
About the CARTITUDE-1 Study
CARTITUDE-1 (NCT03548207) is an ongoing Phase 1b/2, open-label, multi-center study evaluating ciltacabtagene autoleucel for the treatment of patients with relapsed or refractory multiple myeloma, who previously received a proteasome inhibitor (PI), an immunomodulatory agent (IMiD) and an anti-CD38 monoclonal antibody, and who had disease progression on or after the last regimen. Patients in the study had received a median of six prior treatment regimens (range, 3-18). Of the 97 patients enrolled in the trial, 99 percent were refractory to the last line of treatment and 88 percent were triple-class refractory, meaning their cancer did not respond to, or had progressed on, an IMiD, a PI and an anti-CD38 monoclonal antibody.2
About the CARTITUDE-2 Study
CARTITUDE-2 (NCT04133636) is an ongoing, multi-cohort Phase 2 study evaluating the safety and efficacy of cilta-cel in patients with multiple myeloma. Cohort B evaluates patients who received one line of prior therapy including a PI and an IMiD, and had disease progression per IMWG criteria within 12 months after treatment with autologous stem cell transplantation (ASCT) or from the start of anti-myeloma therapy for participants who have not had an ASCT. Cohort A evaluates patients who had progressive multiple myeloma after 1–3 prior lines of therapy including a PI and an IMiD, were lenalidomide refractory, and had no prior exposure to BCMA-targeting agents.
About Multiple Myeloma
Multiple myeloma is an incurable blood cancer that affects some white blood cells called plasma cells, which are found in the bone marrow.8 When damaged, these plasma cells rapidly spread and replace normal cells in the bone marrow with tumors. In 2020, worldwide an estimated 176,000 people were diagnosed with multiple myeloma.9 In 2022, it is estimated that more than 34,000 people will be diagnosed with multiple myeloma, and more than 12,000 people will die from the disease in the U.S.10 While some people diagnosed with multiple myeloma initially have no symptoms, most patients are diagnosed due to symptoms that can include bone fracture or pain, low red blood cell counts, tiredness, high calcium levels, kidney problems or infections.5
CARVYKTI™ Important Safety Information
INDICATIONS AND USAGE
CARVYKTI™ (ciltacabtagene autoleucel) is a B-cell maturation antigen (BCMA)-directed genetically modified autologous T cell immunotherapy indicated for the treatment of adult patients with relapsed or refractory multiple myeloma, after four or more prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody.
WARNINGS AND PRECAUTIONS
Cytokine Release Syndrome (CRS) including fatal or life-threatening reactions, occurred following treatment with CARVYKTI™ in 95% (92/97) of patients receiving ciltacabtagene autoleucel. Grade 3 or higher CRS (2019 ASTCT grade 1) occurred in 5% (5/97) of patients, with Grade 5 CRS reported in 1 patient. The median time to onset of CRS was 7 days (range: 1-12 days). The most common manifestations of CRS included pyrexia (100%), hypotension (43%), increased aspartate aminotransferase (AST) (22%), chills (15%), increased alanine aminotransferase (14%) and sinus tachycardia (11%). Grade 3 or higher events associated with CRS included increased AST and ALT, hyperbilirubinemia, hypotension, pyrexia, hypoxia, respiratory failure, acute kidney injury, disseminated intravascular coagulation, HLH/MAS, angina pectoris, supraventricular and ventricular tachycardia, malaise, myalgias, increased C-reactive protein, ferritin, blood alkaline phosphatase and gamma-glutamyl transferase.
Identify CRS based on clinical presentation. Evaluate for and treat other causes of fever, hypoxia, and hypotension. CRS has been reported to be associated with findings of HLH/MAS, and the physiology of the syndromes may overlap. HLH/MAS is a potentially life-threatening condition. In patients with progressive symptoms of CRS or refractory CRS despite treatment, evaluate for evidence of HLH/MAS.
Sixty-nine of 97 (71%) patients received tocilizumab and/or a corticosteroid for CRS after infusion of ciltacabtagene autoleucel. Forty-four (45%) patients received only tocilizumab, of whom 33 (34%) received a single dose and 11 (11%) received more than one dose; 24 patients (25%) received tocilizumab and a corticosteroid, and one patient (1%) received only corticosteroids. Ensure that a minimum of two doses of tocilizumab are available prior to infusion of CARVYKTI™.
Monitor patients at least daily for 10 days following CARVYKTI™ infusion at a REMS-certified healthcare facility for signs and symptoms of CRS. Monitor patients for signs or symptoms of CRS for at least 4 weeks after infusion. At the first sign of CRS, immediately institute treatment with supportive care, tocilizumab, or tocilizumab and corticosteroids.
Counsel patients to seek immediate medical attention should signs or symptoms of CRS occur at any time.
Neurologic toxicities, which may be severe, life-threatening or fatal, occurred following treatment with CARVYKTI™. Neurologic toxicities included ICANS, neurologic toxicity with signs and symptoms of parkinsonism, Guillain-Barré Syndrome, peripheral neuropathies, and cranial nerve palsies. Counsel patients on the signs and symptoms of these neurologic toxicities, and on the delayed nature of onset of some of these toxicities. Instruct patients to seek immediate medical attention for further assessment and management if signs or symptoms of any of these neurologic toxicities occur at any time.
Overall, one or more subtypes of neurologic toxicity described below occurred following ciltacabtagene autoleucel in 26% (25/97) of patients, of which 11% (11/97) of patients experienced Grade 3 or higher events. These subtypes of neurologic toxicities were also observed in two ongoing studies.
Immune Effector Cell-Associated Neurotoxicity Syndrome (ICANS): ICANS occurred in 23% (22/97) of patients receiving ciltacabtagene autoleucel including Grade 3 or 4 events in 3% (3/97) and Grade 5 (fatal) events in 2% (2/97). The median time to onset of ICANS was 8 days (range 1-28 days). All 22 patients with ICANS had CRS. The most frequent (≥5%) manifestation of ICANS included encephalopathy (23%), aphasia (8%) and headache (6%).
Monitor patients at least daily for 10 days following CARVYKTI™ infusion at the REMS-certified healthcare facility for signs and symptoms of ICANS. Rule out other causes of ICANS symptoms. Monitor patients for signs or symptoms of ICANS for at least 4 weeks after infusion and treat promptly. Neurologic toxicity should be managed with supportive care and/or corticosteroids as needed.
Parkinsonism: Of the 25 patients in the CARTITUDE-1 study experiencing any neurotoxicity, five male patients had neurologic toxicity with several signs and symptoms of parkinsonism, distinct from immune effector cell-associated neurotoxicity syndrome (ICANS). Neurologic toxicity with parkinsonism has been reported in other ongoing trials of ciltacabtagene autoleucel. Patients had parkinsonian and non-parkinsonian symptoms that included tremor, bradykinesia, involuntary movements, stereotypy, loss of spontaneous movements, masked facies, apathy, flat affect, fatigue, rigidity, psychomotor retardation, micrographia, dysgraphia, apraxia, lethargy, confusion, somnolence, loss of consciousness, delayed reflexes, hyperreflexia, memory loss, difficulty swallowing, bowel incontinence, falls, stooped posture, shuffling gait, muscle weakness and wasting, motor dysfunction, motor and sensory loss, akinetic mutism, and frontal lobe release signs. The median onset of parkinsonism in the 5 patients in CARTITUDE-1 was 43 days (range 15-108) from infusion of ciltacabtagene autoleucel.
Monitor patients for signs and symptoms of parkinsonism that may be delayed in onset and managed with supportive care measures. There is limited efficacy information with medications used for the treatment of Parkinson's disease, for the improvement or resolution of parkinsonism symptoms following CARVYKTI™ treatment.
Guillain-Barré Syndrome: A fatal outcome following Guillain-Barré Syndrome (GBS) has occurred in another ongoing study of ciltacabtagene autoleucel despite treatment with intravenous immunoglobulins. Symptoms reported include those consistent with Miller- Fisher variant of GBS, encephalopathy, motor weakness, speech disturbances and polyradiculoneuritis.
Monitor for GBS. Evaluate patients presenting with peripheral neuropathy for GBS. Consider treatment of GBS with supportive care measures and in conjunction with immunoglobulins and plasma exchange, depending on severity of GBS.
Peripheral Neuropathy: Six patients in CARTITUDE-1 developed peripheral neuropathy. These neuropathies presented as sensory, motor or sensorimotor neuropathies. Median time of onset of symptoms was 62 days (range 4-136 days), median duration of peripheral neuropathies was 256 days (range 2-465 days) including those with ongoing neuropathy. Patients who experienced peripheral neuropathy also experienced cranial nerve palsies or GBS in other ongoing trials of ciltacabtagene autoleucel.
Cranial Nerve Palsies: Three patients (3.1%) experienced cranial nerve palsies in CARTITUDE-1. All three patients had 7th cranial nerve palsy; one patient had 5th cranial nerve palsy as well. Median time to onset was 26 days (range 21-101 days) following infusion of ciltacabtagene autoleucel. Occurrence of 3rd and 6th cranial nerve palsy, bilateral 7th cranial nerve palsy, worsening of cranial nerve palsy after improvement, and occurrence of peripheral neuropathy in patients with cranial nerve palsy have also been reported in ongoing trials of ciltacabtagene autoleucel. Monitor patients for signs and symptoms of cranial nerve palsies. Consider management with systemic corticosteroids, depending on the severity and progression of signs and symptoms.
Hemophagocytic Lymphohistiocytosis (HLH)/Macrophage Activation Syndrome (MAS): Fatal HLH occurred in one patient (1%), 99 days after ciltacabtagene autoleucel. The HLH event was preceded by prolonged CRS lasting 97 days. The manifestations of HLH/MAS include hypotension, hypoxia with diffuse alveolar damage, coagulopathy, cytopenia, and multi-organ dysfunction, including renal dysfunction. HLH is a life-threatening condition with a high mortality rate if not recognized and treated early. Treatment of HLH/MAS should be administered per institutional standards.
CARVYKTI™ REMS: Because of the risk of CRS and neurologic toxicities, CARVYKTI™ is available only through a restricted program under a Risk Evaluation and Mitigation Strategy (REMS) called the CARVYKTI™ REMS.
Further information is available at www.CARVYKTIrems.com or 1-844-672-0067.
Prolonged and Recurrent Cytopenias: Patients may exhibit prolonged and recurrent cytopenias following lymphodepleting chemotherapy and CARVYKTI™ infusion. One patient underwent autologous stem cell therapy for hematopoietic reconstitution due to prolonged thrombocytopenia.
In CARTITUDE-1, 30% (29/97) of patients experienced prolonged Grade 3 or 4 neutropenia and 41% (40/97) of patients experienced prolonged Grade 3 or 4 thrombocytopenia that had not resolved by Day 30 following ciltacabtagene autoleucel infusion.
Recurrent Grade 3 or 4 neutropenia, thrombocytopenia, lymphopenia and anemia were seen in 63% (61/97), 18% (17/97), 60% (58/97), and 37% (36/97) after recovery from initial Grade 3 or 4 cytopenia following infusion. After Day 60 following ciltacabtagene autoleucel infusion, 31%, 12% and 6% of patients had a recurrence of Grade 3 or higher lymphopenia, neutropenia and thrombocytopenia, respectively, after initial recovery of their Grade 3 or 4 cytopenia. Eighty-seven percent (84/97) of patients had one, two, or three or more recurrences of Grade 3 or 4 cytopenias after initial recovery of Grade 3 or 4 cytopenia. Six and 11 patients had Grade 3 or 4 neutropenia and thrombocytopenia, respectively, at the time of death.
Monitor blood counts prior to and after CARVYKTI™ infusion. Manage cytopenias with growth factors and blood product transfusion support according to local institutional guidelines.
Infections: CARVYKTI™ should not be administered to patients with active infection or inflammatory disorders. Severe, life-threatening or fatal infections occurred in patients after CARVYKTI™ infusion.
Infections (all grades) occurred in 57 (59%) patients. Grade 3 or 4 infections occurred in 23% (22/97) of patients; Grade 3 or 4 infections with an unspecified pathogen occurred in 17%, viral infections in 7%, bacterial infections in 1%, and fungal infections in 1% of patients. Overall, four patients had Grade 5 infections: lung abscess (n=1), sepsis (n=2) and pneumonia (n=1).
Monitor patients for signs and symptoms of infection before and after CARVYKTI™ infusion and treat patients appropriately. Administer prophylactic, pre-emptive and/or therapeutic antimicrobials according to the standard institutional guidelines. Febrile neutropenia was observed in 10% of patients after ciltacabtagene autoleucel infusion, and may be concurrent with CRS. In the event of febrile neutropenia, evaluate for infection and manage with broad-spectrum antibiotics, fluids and other supportive care, as medically indicated.
Viral Reactivation: Hepatitis B virus (HBV) reactivation, in some cases resulting in fulminant hepatitis, hepatic failure and death, can occur in patients with hypogammaglobulinemia. Perform screening for Cytomegalovirus (CMV), HBV, hepatitis C virus (HCV), and human immunodeficiency virus (HIV), or any other infectious agents if clinically indicated in accordance with clinical guidelines before
collection of cells for manufacturing. Consider antiviral therapy to prevent viral reactivation per local institutional guidelines/clinical practice.
Hypogammaglobulinemia was reported as an adverse event in 12% (12/97) of patients; laboratory IgG levels fell below 500 mg/dL after infusion in 92% (89/97) of patients. Monitor immunoglobulin levels after treatment with CARVYKTI™ and administer IVIG for IgG <400 mg/dL. Manage per local institutional guidelines, including infection precautions and antibiotic or antiviral prophylaxis.
Use of Live Vaccines: The safety of immunization with live viral vaccines during or following CARVYKTI™ treatment has not been studied. Vaccination with live virus vaccines is not recommended for at least 6 weeks prior to the start of lymphodepleting chemotherapy, during CARVYKTI™ treatment, and until immune recovery following treatment with CARVYKTI™.
Hypersensitivity Reactions have occurred in 5% (5/97) of patients following ciltacabtagene autoleucel infusion. Serious hypersensitivity reactions, including anaphylaxis, may be due to the dimethyl sulfoxide (DMSO) in CARVYKTI™. Patients should be carefully monitored for 2 hours after infusion for signs and symptoms of severe reaction. Treat promptly and manage appropriately according to the severity of the hypersensitivity reaction.
Secondary Malignancies: Patients may develop secondary malignancies. Monitor life-long for secondary malignancies. In the event that a secondary malignancy occurs, contact Janssen Biotech, Inc., at 1-800-526-7736 for reporting and to obtain instructions on collection of patient samples for testing of secondary malignancy of T cell origin.
Effects on Ability to Drive and Use Machines: Due to the potential for neurologic events, including altered mental status, seizures, neurocognitive decline, or neuropathy, patients are at risk for altered or decreased consciousness or coordination in the 8 weeks following CARVYKTI™ infusion. Advise patients to refrain from driving and engaging in hazardous occupations or activities, such as operating heavy or potentially dangerous machinery during this initial period, and in the event of new onset of any neurologic toxicities.
ADVERSE REACTIONS
The most common non-laboratory adverse reactions (incidence greater than 20%) are pyrexia, cytokine release syndrome, hypogammaglobulinemia, hypotension, musculoskeletal pain, fatigue, infections of unspecified pathogen, cough, chills, diarrhea, nausea, encephalopathy, decreased appetite, upper respiratory tract infection, headache, tachycardia, dizziness, dyspnea, edema, viral infections, coagulopathy, constipation, and vomiting. The most common laboratory adverse reactions (incidence greater than or equal to 50%) include thrombocytopenia, neutropenia, anemia, aminotransferase elevation, and hypoalbuminemia.
Please read full Prescribing Information including Boxed Warning for CARVYKTI™.
About the Janssen Pharmaceutical Companies of Johnson & Johnson
At Janssen, we're creating a future where disease is a thing of the past. We're the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity, and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular, Metabolism, & Retina; Immunology; Infectious Diseases & Vaccines; Neuroscience; Oncology; and Pulmonary Hypertension.
Learn more at www.janssen.com. Follow us at@JanssenGlobal and @JanssenUS. Janssen Research & Development, LLC, Janssen Biotech, Inc. and Janssen Pharmaceutica NV are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.
‡Saad Z. Usmani, M.D., M.B.A., F.A.C.P. has provided consulting, advisory, and speaking services to Janssen; he has not been paid for any media work.
Cautions Concerning Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding development CARVYKTI™ (ciltacabtagene autoleucel; cilta-cel). The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Janssen Biotech, Inc., Janssen Research & Development, LLC, any of the other Janssen Pharmaceutical Companies, and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned "Cautionary Note Regarding Forward-Looking Statements" and "Item 1A. Risk Factors," and in Johnson & Johnson's subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of Janssen Biotech, Inc., Janssen Research & Development, LLC, the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.
1 Gandhi UH, Cornell RF, Lakshman A, et al. Outcomes of patients with multiple myeloma refractory to CD38-targeted monoclonal antibody therapy. Leukemia 2019; 33: 2266–75.
2 Usmani, S. Phase 1b/2 study of ciltacabtagene autoleucel, a BCMA-directed CAR-T cell therapy, in patients with relapsed/refractory multiple myeloma (CARTITUDE-1): Two years post-LPI. Abstract #8028 [Poster]. Presented at the 2022 American Society of Clinical Oncology Annual Meeting.
3 Martin, Thomas et al. Ciltacabtagene Autoleucel, an Anti-B-cell Maturation Antigen Chimeric Antigen Receptor T-Cell Therapy, for Relapsed/Refractory Multiple Myeloma: CARTITUDE-1 2 Years Post Last-Patient-In. Journal of Clinical Oncology. doi: JCO.22.00842R1. In press.
4 van de Donk, N et al. Biological correlative analyses and updated clinical data of ciltacabtagene autoleucel (cilta-cel), a BCMA-directed CAR-T cell therapy, in patients with multiple myeloma (MM) and early relapse after initial therapy: CARTITUDE-2, cohort B. Abstract #8029 [Poster]. Presented at the 2022 American Society of Clinical Oncology Annual Meeting.
5 van de Donk, N et al. Biological correlative analyses and updated clinical data of ciltacabtagene autoleucel (cilta-cel), a BCMA-directed CAR-T cell therapy, in patients with multiple myeloma (MM) and early relapse after initial therapy: CARTITUDE-2, cohort B. Abstract #S185 [Oral]. To be presented at the 2022 European Hematology Association Congress.
6 Einsele, Hermann et al. Biological Correlative Analyses and Updated Clinical Data of Ciltacabtagene Autoleucel, a BCMA-Directed CAR-T Cell Therapy, in Lenalidomide-Refractory Patients With Progressive Multiple Myeloma After 1–3 Prior Lines of Therapy: CARTITUDE-2, Cohort A. Abstract #8020 [Poster]. Presented at the 2022 American Society of Clinical Oncology Annual Meeting.
7 CARVYKTI™ Prescribing Information. Horsham, PA: Janssen Biotech, Inc.
8 American Cancer Society. "What Is Multiple Myeloma?" Available at: https://www.cancer.org/cancer/multiple-myeloma/about/what-is-multiple-myeloma.html. Accessed May 2022.
9 Multiple myeloma - statistics. Cancer.Net. Available at: https://www.cancer.net/cancer-types/multiple-myeloma/statistics#:~:text=Worldwide%2C%20an%20estimated%20176%2C404%20people,worldwide%20died%20from%20multiple%20myeloma. Published March 31, 2022. Accessed June 3, 2022.
10 American Cancer Society. "Key Statistics About Multiple Myeloma." Available at: https://www.cancer.org/cancer/multiple-myeloma/about/key-statistics.html#:~:text=The%20American%20Cancer%20Society's%20estimates,men%20and%205%2C570%20in%20women. Accessed May 2022.
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SOURCE The Janssen Pharmaceutical Companies of Johnson & Johnson | https://www.kxii.com/prnewswire/2022/06/04/longer-term-data-cartitude-1-study-demonstrate-continued-deep-durable-responses-carvykti-ciltacabtagene-autoleucel-heavily-pretreated-patients-with-relapsed-or-refractory-multiple-myeloma/ | 2022-06-04T13:37:46Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Axsome Therapeutics, Inc. (NASDAQ: AXSM) alleging that the Company violated federal securities laws.
Class Period: December 30, 2019 to April 22, 2022
Lead Plaintiff Deadline: July 12, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AXSM:
https://www.kleinstocklaw.com/pslra-1/axsome-therapeutics-inc-loss-submission-form?id=28131&from=4
Axsome Therapeutics, Inc. NEWS - AXSM NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Axsome Therapeutics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Axsome's chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07, the Company's medicine for the acute treatment of migraine, and its manufacturing process; (ii) as a result, Axsome was unlikely to submit the AXS-07 New Drug Application ("NDA") on its initially represented timeline; (iii) the foregoing CMC issues remained unresolved at the time that the U.S. Food and Drug Administration ("FDA") reviewed the AXS-07 NDA; (iv) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (v) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Axsome you have until July 12, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Axsome securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the AXSM lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/axsome-therapeutics-inc-loss-submission-form?id=28131&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/06/07/axsm-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-12-2022-class-action-filed-behalf-axsome-therapeutics-inc-shareholders/ | 2022-06-07T10:10:35Z |
Which radar gun is best?
There are more uses for a radar gun than to be tagged by a cop for speeding down the highway at 11 p.m. because you just want to get to your destination quickly. The next most common usage is in training for various sports, most commonly used in baseball to measure pitching speeds or in American football to measure running speeds.
The best radar gun for any possible use is the Pocket Radar Smart Coach. While it’s true this radar gun chews straight through batteries, you can alleviate this by securing a power pack, and the rest of the features, especially the accuracy, are impossible to ignore.
What to know before you buy a radar gun
How speed is measured
Radar guns measure the speed of an object using either the Doppler effect or lasers to measure.
- Doppler method: A radar gun that uses the Doppler effect sends radio signals toward the object to be measured. When the radio signals bounce off the target and return to the radar gun, the change in the frequency of the sent wave and the returned wave is measured and then computed into the final given speed. The entire process takes less than a second.
- Laser method: Laser radar guns, most often used by the police, use a light shined onto the object and measure how long it takes for that light to reflect off the object and return to the radar gun.
Typical radar gun uses
There are all kinds of different speeds to measure when it comes to almost every sport.
What to look for in a quality radar gun
Design
The typical design of a radar gun, the shape you most often visualize, is similar to a handheld drill. The front of the radar gun sends and receives the signals with the back housing the display and controls.
More recently designed radar guns look almost like smartphones. You use it as you would taking a picture. Point at your object and press the center button to trigger the measuring mechanism. A benefit of this type of design is the ability to mount it to a tripod far easier than mounting a drill-shaped radar gun.
Controls
All radar guns are activated by a button or trigger to take a reading but some have additional control options for different uses. The most common alternate mode is a continuous reading mode that automatically takes measurements without holding the gun.
Other popular modes include displaying only the fastest speed of the measuring period or storing the range of speeds an object has during its full testing period, both especially useful for measuring baseball pitches.
How much you can expect to spend on a radar gun
Even the most basic radar guns are going to require many pretty pennies from your wallet. The most basic radar guns that simply measure speed within a few miles per hour can cost a few hundred dollars, and once you start looking at quality options, you’ll find prices up to $500. Radar guns used by law enforcement can cost a few thousand dollars.
Radar gun FAQ
Are the radar guns used by police more accurate than commonly available consumer-grade options?
Very much so, yes. At a minimum, they are accurate within a single mile per hour but are frequently even more accurate than that. However, this comes at a cost, as you must test and recalibrate them regularly. Otherwise, their accuracy can begin to deviate. The next time you’re pulled over for speeding though you followed the speed limit, have them check when it was last calibrated as it may affect whether or not you receive a speeding ticket.
Does it matter where I place my radar gun when I’m trying to measure speed?
A. If you’re using a Doppler effect radar gun, then yes, your radar gun must be pointing in the same direction as the object you wish to measure, as it measures the speed at which the object comes toward or moves away from the gun. In other words, place it in front of or behind the object for accurate results.
Will radar guns remain accurate in precipitous weather conditions?
A. Yes, they will. Precipitation does not affect a radar gun unless the radar gun isn’t proofed against the type of weather to which it is being subjected. For example, it would need waterproofing against rain or snow.
What are the best radar guns to buy?
Top radar gun
What you need to know: Don’t let the simplistic design fool you, this radar gun is packed with features.
What you’ll love: Bluetooth connectivity and a companion app assist an already impressive device.
What you should consider: The AAA batteries are drained very quickly, almost necessitating a power pack.
Where to buy: Sold by Amazon
Top radar gun for the money
What you need to know: This is an affordable and solid option if you just want to get some quick reads while saving some money.
What you’ll love: This streamlined and straightforward design can still register speeds up to 200mph.
What you should consider: You lose some good features seen in better models by selecting this low-cost option.
Where to buy: Sold by Amazon
Worth checking out
Stalker Sport 2 Series Radar Gun
What you need to know: This is the perfect radar gun option for any baseball player in training.
What you’ll love: A recall mode shows the last five readings taken, perfect for averaging speeds.
What you should consider: Rechargeable batteries with AC adapters are available but unfortunately sold separately.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/best-radar-gun/ | 2022-04-11T06:49:28Z |
COLUMBUS, Ohio, May 5, 2022 /PRNewswire/ -- Shane Lies has been named senior vice president and chief nuclear officer of American Electric Power's (Nasdaq: AEP) Donald C. Cook Nuclear Plant (Cook) in Bridgman, Michigan, effective July 1, 2022. Lies is currently site vice president at Cook, a dual-unit nuclear site with a total generating capacity of 2,278 megawatts. Lies is replacing Joel Gebbie, who is retiring after 36 years with AEP. Kelly Ferneau, Cook plant manager, will be promoted to site vice president to replace Lies.
"Shane brings a deep understanding of the industry, nuclear operations and an appreciation for the culture needed to support nuclear excellence. Since joining Cook 26 years ago, Shane has developed deep knowledge of Cook Plant operations and built strong relationships with Cook employees, industry stakeholders and the surrounding communities," said Lisa Barton, AEP executive vice president and chief operating officer. "Shane has demonstrated his passion for operational excellence, reliability and ensuring that safety remains the top priority. As he transitions into his new role, I know his team will ensure that Cook continues to deliver clean, reliable energy to customers in Michigan and Indiana.
"Kelly brings strong technical expertise, a shared commitment to safety and continuous improvement, and is well prepared to continue to drive excellence in Cook's operations and develop the Cook team as site vice president."
"Joel's extensive experience, industry knowledge and focus on the culture necessary to support operational excellence has ensured Cook's ability to generate clean, reliable power for the customers of Indiana Michigan Power. He developed an incredibly talented leadership team that is well prepared to continue Cook's legacy of excellence. We thank him for his significant contributions and leadership within the industry, as well as his service to Cook and AEP. We wish Joel all the best in his well-deserved retirement," Barton said.
Lies, 51, joined AEP in 1996 as a system engineer at Cook and has served in numerous roles, including engineering vice president and plant manager. Lies has a bachelor's degree in nuclear engineering and a master's degree in mechanical engineering from Kansas State University.
Ferneau, 54, joined AEP in 2013 as an operations work control manager at Cook and has served as director of operations in addition to her current role. She has held numerous roles in nuclear power generation since 1990. Ferneau holds a bachelor's degree in mechanical engineering from Trine University and has held a senior reactor operator license.
American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,700 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.
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TAIPEI, May 26, 2022 /PRNewswire/ -- Asia's leading B2B ICT exhibition, COMPUTEX TAIPEI 2022 began on May 24 in TaiNEX 1 4F. The winners of Best Choice Award 2022 (abbreviated as BC Award), the official award of COMPUTEX are announced on May 24 and in total 27 products won the awards from industry leading companies including GIGABYTE, Realtek, MSI, G.Skill, Trend Micro, and more.
The winners include the category winners, golden award winners, as well as the highly coveted Best Choice of the Year Award, the highest honor in BC Award. In addition, this year also marks the debut of the BC Award – Cybersecurity Award which is dedicated solely to cybersecurity products and solutions.
Among the 27 products that won, 6 products won the Golden Award; including products by: Jorjin, PLANET, MSI, and more. In addition, 16 products are Category Award Winners, such as products from Chenbro, GIGABYTE, MiTAC, ASRock, E Ink, Wincomm, MSI, and more.
Realtek RTD2892NND Won the Best Choice of the Year
Realtek's innovation with the RTD2892NND AI Super Resolution Fidelity Recovery IC won the Best Choice of the Year Award because it "… is the only IC currently available in the market capable of restoring the texture and resolution of original content. The RTD2892NND uses various neural network models for different scenes and objects to remove noise and enhance the picture quality adaptively. It also prevents over-compression issues due to limited bandwidth."
BC Award – Cybersecurity Award Showcases Taiwan's Cybersecurity Products & Solutions
The winner of the BC Award – Cyber Security Excellence Award is Trend Micro Vision One. The jury panel stated that the product won the prestigious award because it "analyzes and correlates security telemetries from endpoints, servers, cloud workloads, email, and networks. This enables the security operations centers (SOCs) in organizations to prioritize and respond to threats more easily and effectively."
The organizer wants to congratulate all the winners of Best Choice Award 2022 and thank everyone for their participation and support.
TCA has also expanded the functions of the COMPUTEX CYBERWORLD Platform to include a BC Award Virtual Pavilion which will showcase the winning products online for global buyers and interested parties. Visit the BC Award Virtual Pavilion before June 30, 2022 at: https://livetour.istaging.com/f7affc0a-f3b0-466b-9e4c-1f10bc1b0dab?index=1
For more details, visit Best Choice Award website: https://bcaward.computex.biz/WinnerYear.aspx
The winning companies were awarded during the opening ceremony of COMPUTEX 2022.
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SOURCE Taipei Computer Association | https://www.mysuncoast.com/prnewswire/2022/05/26/winners-computex-2022-best-choice-award-focuses-global-digital-transformation-procurement-demands/ | 2022-05-26T13:35:20Z |
Paralus helps you achieve zero-trust access to Kubernetes clusters with zero friction
SUNNYVALE, Calif., June 28, 2022 /PRNewswire/ -- Rafay Systems, the leading platform provider for Kubernetes Operations, today launched a new open-source software project named Paralus (https://www.paralus.io/) to enable secure, audited access for developers, operations, SREs and CI/CD tools to remote Kubernetes (K8s) clusters.
Paralus offers access management for developers, architects, and CI/CD tools to remote K8s clusters by consolidating zero-trust access principles such as transaction level authentication and authorization into a single open-source tool. It helps engineering and architecture teams streamline access control for their fleet of K8s clusters spanning different operating environments, different public clouds and K8s distributions, and on-premises data centers operating behind firewalls.
The inability to secure K8s infrastructure is a growing problem for organizations. In May 2022, a non-profit security organization named The Shadowserver Foundation scanned more than 450,000 systems hosting K8s and found more than 380,000 (84 percent) of these systems were accessible via the Internet, potentially providing an opening into a corporate network. In fact, the data shows that the majority of K8s API servers are found in the United States (nearly 53 percent). Per Shadowserver, "Enterprises using a K8s API server that is accessible should implement authorization for access or block it at the firewall to reduce the attack surface."
Paralus addresses this security issue by providing a frictionless way for developers and architects to leverage open-source software that uses zero-trust principles to secure access to all K8s environments and harden security practices for cloud-native applications. To learn more about Paralus or contribute to the open-source project, visit the resources below:
- Documentation: https://www.paralus.io/docs
- GitHub: https://github.com/paralus/paralus
- Slack workspace: https://join.slack.com/t/paralus/shared_invite/zt-1a9x6y729-ySmAq~I3tjclEG7nDoXB0A
- Blog: https://www.paralus.io/blog
Paralus grants authorized users seamless and secure access to all clusters with a native and familiar kubectl experience by acting as a proxy between the users and systems needing access and the K8s API server. It also addresses one of K8s' main pain points by eliminating the burden of managing K8s access controls cluster by cluster. Without Paralus, companies must manually manage access to each cluster using jump hosts or VPNs, and build custom tooling to audit and map all actions performed to a user's identity – all of which which is error-prone and increases the risk of breaches as the number of clusters grows.
Along with helping directly manage role-based access control (RBAC) policies and assignments, Paralus enables:
- Creation of custom roles, users, and groups
- Dynamic and immediate changing and revoking of permissions
- Ability to control access via pre-configured roles across clusters, namespaces, projects, and more
- Seamless integration with Identity Providers (IdPs) allowing the use of external authentication engines for users and group definitions, such as GitHub, Google, Azure AD, Okta, and others
- Automatic logging of all user actions performed for audit and compliance purposes
- Flexible workflows with a modern web GUI, a CLI tool called pctl, and a Paralus API
"While Kuberentes is the de facto standard for container orchestration, companies have significant challenges related to securing this new, mission critical infrastructure. Rafay is leveraging its industry leadership and unmatched expertise in the Kubernetes arena to contribute this highly valuable asset to the community," said Haseeb Budhani, CEO and co-founder of Rafay Systems. "Today, Paralus' capabilities are the most widely used in the company's Kubernetes Operations Platform offering, and has been battle tested by thousands of architects, developers, operations, and DevSecOps professionals at world-leading companies. We are excited to open source this technology, submit Paralus to the Cloud-Native Computing Foundation (CNCF), and assist the broader community in solving this critical access management issue that plagues Kubernetes deployments."
To learn more about Paralus, visit: https://rafay.co/the-kubernetes-current/paralus-industrys-first-open-source-zero-trust-access-service-for-kubernetes/
Rafay Systems offers the industry's first cloud-made Kubernetes Operations Platform to help enterprises maximize the value of containerized applications that deliver today's business innovation. With Rafay's unified platform teams can operate modern application infrastructure at scale across public clouds, data centers, and the edge. End-to-end services help streamline deploying clusters and apps across multiple environments and deliver enterprise-grade control and governance to devops workflows. This breakthrough approach brings a new and much-needed operations mindset to the Kubernetes Management market. With the Rafay Kubernetes Operations Platform, platform teams enjoy centralized visibility, management and automation across once disparate processes and systems, resulting in the improved delivery of modern applications. Rafay's growing customer roster includes clients such as Verizon, MoneyGram, and Guardant Health. For more information, please visit www.rafay.co.
Contact:
Olivia Heel
Catapult PR-IR
pr@rafay.com
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SOURCE Rafay Systems | https://www.kxii.com/prnewswire/2022/06/28/rafay-launches-paralus-an-open-source-tool-manage-secure-access-kubernetes-anywhere/ | 2022-06-28T13:33:40Z |
ATLANTA, Aug. 16, 2022 /PRNewswire/ -- Today, Inc revealed that Kaizen Analytix LLC, a leading provider of data, analytics, and technology solutions, is on its annual Inc. 5000 list, the most prestigious ranking of America's fastest-growing private companies. This is the third consecutive year that Kaizen has been honored on this list.
The Inc. 5000 represents a one-of-a-kind look at the most successful companies in the US economy's most dynamic segment: Independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as member of the Inc. 5000.
"It is a tremendous honor to be listed among the elite ranks of the Inc. 5000 fastest-growing companies again this year," said Krishna Arangode, Kaizen's chief executive officer. "Our consistent growth is directly attributed to our world-class associates, our "client first" culture, our portfolio of forward-thinking clients, and our business partners. We will stay laser-focused on delivering measurable value while continuing to execute on our vision for strategic growth."
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. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Founded in 2015, Kaizen Analytix exemplifies the innovative and entrepreneurial spirit that defines the Inc. 5000. Since its inception, Kaizen has delivered actionable insights and business value for clients across the value chain.
Complete results of the Inc. 5000 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."
Kaizen is a leading provider of data, analytics, and technology services and solutions. We combine our subject matter expertise with our cloud platform to rapidly uncover actionable insights and generate incremental profit across the value chain. Recognized by Gartner, NPR, Forbes, Entrepreneur, and Inc. 5000 as one of America's fastest-growing private companies, we are a certified minority-owned business headquartered in Atlanta with offices in other major US cities and also a global offshore team. For more information, visit www.kaizenanalytix.com. Follow Kaizen on LinkedIn, Facebook and Twitter @KaizenAnalytix.
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. For more information, visit www.inc.com.
Media Contact for Kaizen Analytix:
Kira Purdue
Carabiner Communications
kperdue@carabinercomms.com
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SOURCE Kaizen Analytix | https://www.mysuncoast.com/prnewswire/2022/08/16/kaizen-analytix-ranked-inc-5000-third-consecutive-year/ | 2022-08-16T13:34:46Z |
SAN JOSE, Calif., Aug. 18, 2022 /PRNewswire/ -- Clinovo, a technology focused Clinical services provider that accelerates Clinical Development for Life Sciences industry appoints Nandish Poluru as Chief Executive Officer effective immediately.
As an executive at the intersection of Lifesciences, Operations and Technology, Nandish has over two decades of experience in successfully accelerating Research and Development efforts for multiple companies across the Lifesciences industry. He brings expertise across the pharmaceutical value chain including Clinical Development and Operations, Clinical Data Management, Biostatistics and programming, Pharmacovigilance, Regulatory operations and Technology.
Most recently, Nandish was the Vice President of Clinical Innovation at Bristol Myers Squibb (BMS) where he led efforts to accelerate Clinical Research globally with a focus on Digital Health, Patient Centricity, and Speed to Market. During his tenure at BMS, he also served in various roles to modernize Clinical Development through process and digital solutions. Prior to BMS, Nandish was Executive Director at Allergan (an Abbvie company) and worked at Forest Laboratories in various roles. He also worked in Silicon Valley at the start of his career.
"It is with great excitement and immense pleasure that I welcome Nandish to Clinovo" said Vamsi Maddipatla, President and Chairman at Clinovo. "Nandish is a visionary and innovative leader who brings demonstrated experience and skills along with exceptional leadership abilities. He is uniquely positioned to lead us in our next phase of growth and establish Clinovo as a global leader in the Clinical solutions market".
"I am very excited to join and work with the talented team at Clinovo" said Nandish. "I am thrilled to build on the strong foundations already established and lead the company to further scale the capabilities. I strongly believe that Clinovo is well positioned to create value for our customers by accelerating Clinical trials globally and bring new medicines to market faster."
Nandish has an MBA from Yale school of Management with a focus on Healthcare Management. He also has a Master's in information systems from Cleveland State University and a Bachelor`s in Electrical Engineering from Sri Venkateswara University, India.
Clinovo works with life sciences customers across the globe to accelerate clinical development and bring new medicines to market faster. Together with their customers, they focus on speed to submissions, decrease clinical development cycle times and lower development costs.
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SOURCE Clinovo | https://www.wibw.com/prnewswire/2022/08/18/clinovo-taps-life-sciences-executive-nandish-poluru-its-next-chief-executive-officer/ | 2022-08-18T23:19:13Z |
Services for Hilda Goldman Mikeska, 98, of Temple will be at 10 a.m. Wednesday at Salem Lutheran Church in Barclay.
Burial will be in Salem Lutheran Church Cemetery.
Mrs. Mikeska died Thursday, March 31, in Temple.
She was born April 2, 1923, in Cyclone to Ernst O. and Sophie Eixman Goldman. She married Rudolph Mikeska on Nov. 24, 1946, and he preceded her in death. She was a seamstress and a house wife, and was a member of Salem Lutheran Church.
She also was preceded in death by two great-grandsons.
Survivors include two daughters, Mildred Mikeska Phillips of Georgetown and Joyce Mikeska McLean Friesner of Temple; three grandchildren; and four great-grandchildren.
In lieu of flowers, memorials may be made to the Salem Lutheran Church Cemetery Fund, 418 FM 1772, Rosebud, TX 76570.
Visitation will be 5–7 p.m. Tuesday at Harper-Talasek Funeral Home in Temple. | https://www.tdtnews.com/obituaries/article_e62ef2ce-b3c8-11ec-a7b2-d78ce6987804.html | 2022-04-04T05:02:36Z |
The Weather Channel Television's upgraded connected TV (CTV) app now offers a subscription-based live stream of The Weather Channel Television Network, customizable local weather information, on-demand original programming and more
ATLANTA, May 23, 2022 /PRNewswire/ -- Today, The Weather Channel television network, the #1 source for weather news and information for over 40 years, announced the roll out of its upgraded connected TV (CTV) app, The Weather Channel, which includes a subscription-based live stream of The Weather Channel Television Network. This marks the first time that the network has offered its own direct-to-consumer subscription, significantly expanding access to its critical weather information to millions of people across the country.
For only $2.99/month, app subscribers can enjoy access to The Weather Channel's live stream and on-demand library of original programming, as well as interactive features such as local forecasts, 24/7 weather alerts, real-time maps and radars. For a limited time, the network is offering a 7-day free trial for new app subscribers. And at no cost, viewers who have access to The Weather Channel via their cable and satellite provider can receive the same upgrades by authenticating their accounts using their provider credentials.
"This is a huge step for The Weather Channel television network, as we expand access to our best-in-class weather news and entertainment content," said Byron Allen, Founder/Chairman/CEO of The Weather Channel parent company, Allen Media Group. "Our upgraded app allows subscribers to tailor their TV viewing experience to their location and needs. As many regions in the country prepare for the start of the Atlantic Hurricane Season, it was very important to launch this new app experience to ensure that our life-saving weather information is available to everyone, 24/7."
The Weather Channel CTV app is currently available on Amazon Fire TV and Android TV and will be coming soon to Roku, Samsung Smart TV, Vizio, and Xfinity Flex. Viewers seeking weather news now have access to America's Most Trusted TV News Network, regardless of whether they are current cable customers or cord-cutters.
About The Weather Channel
Since its launch 40 years ago, The Weather Channel television network has become the top-rated and most widely distributed weather network in America. The Weather Channel television network has been the leader in severe weather coverage, providing the most comprehensive analysis of any media outlet and serving as the nation's only 24-hour source of national storm coverage. With trusted meteorologists who analyze, forecast and report the weather, its expertise is unrivaled. In 2018, the Ipsos poll ranked The Weather Channel as the most trusted name in news media and in 2021 and 2019, The Weather Channel won Emmy Awards for its innovative Immersive Mixed Reality technology which is changing the standard in weather presentation. For 11 years in a row (2011 - 2021), Harris Poll has ranked The Weather Channel as the "TV News Brand of the Year." For more information visit: www.weathergroup.com.
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SOURCE The Weather Channel | https://www.mysuncoast.com/prnewswire/2022/05/23/weather-channel-television-network-expands-access-critical-weather-information-through-its-connected-television-app-new-paid-subscription-offering/ | 2022-05-23T15:34:53Z |
Straight Talk: How to avoid scams while selling items online
Better Business Bureau serving Canton Region and Greater West Virginia offers tips and advice for consumers to avoid fraudulent practices.
Selling your used items online helps you earn quick cash and frees up space at home. It is also environmentally friendly, keeping items that are in good condition out of the landfill.
Plus, with easy-to-use apps like Poshmark, Depop, and OfferUp, Craigslist and eBay selling your old stuff is easier than ever. All you must do is snap a photo, write a brief description, and wait for prospective buyers to contact you. While most people are aware that they should take extra precautions when shopping on sites like these, many are unaware that selling poses some risks as well. Unfortunately, scammers use online selling platforms to target their new victims.
How the scam works
A potential buyer responds to your listing, wanting to pay with a check. The potential buyer says that they will mail a check to you as payment through overnight shipping. You accept the offer, but when the check arrives, it is for an amount higher than the price your item was listed for. The buyer instructs you to deposit the check, but they also ask that you keep the cost of the item and transfer the remaining balance back to them. You agree, but a week after the check clears in your account, the bank contacts you, requesting you pay the money back for insufficient funds.
You might think that you are in the clear once a check’s funds have deposited into your account, but it often takes longer for a bank to realize that a check is bad. This lag in time between when a check reaches your account and when it is discovered to be a forgery is exactly what scammers are counting on. Follow BBB’s guidelines for selling used items online to avoid getting scammed.
How to avoid this scam
- Avoid prospective buyers who want to communicate with you outside of the official selling platform. To protect their users, many online selling platforms require users to communicate via the platform’s own messaging system.
- Do not accept checks or money orders as payment. Scammers frequently use checks to line their own pockets. Victims who deposit bad checks are held responsible by the bank for the money lost.
- Keep all transaction dealings on the site or app. When you communicate and accept payments outside of the platform, you are at greater risk for fraud and forfeit protections that the platform can provide.
- Follow the guidelines provided by your chosen selling platform. Each individual platform is likely to have a slightly different set of recommendations and requirements for its users. Following the guidelines means the platform is better able to help should anything go awry.
For more information
If you encounter a scam, we ask that you report it to our BBB Scam Tracker at BBB.org/scamtracker. Even if you don’t fall victim to the scam, the information allows us to protect the public from scammers.
For BBB information
Visit BBB.org/canton or call 330-454-9401 to look up a business, file a complaint, write a customer review, read tips, find our events, follow us on social media, and more! | https://www.cantonrep.com/story/lifestyle/2022/08/28/straight-talk-how-to-avoid-scams-while-selling-items-online/65416779007/ | 2022-08-28T09:27:58Z |
Integration brings best-in-class supply chain visualization and risk management capabilities together with industry-leading automated workflows
ARLINGTON, Va., April 7, 2022 /PRNewswire/ -- Interos, the fast-growing operational resilience company, today announced an integration with ServiceNow, available now on the ServiceNow Store, to help customers establish global supply chain resilience. The announcement builds on Interos' continued strategic collaboration with ServiceNow, which expanded last year as ServiceNow joined Interos' $100M+ Series C funding round that valued the company to unicorn status with a valuation north of $1 billion.
The integration will allow Interos and ServiceNow's joint customers to seamlessly access Interos' real-time, sub-tier supply chain insights within the ServiceNow Platform, giving them instantaneous multi-factor risk assessments for every entity in their supply chain. These updates allow organizations to track changes, trigger configurable automated workflows, and create a more efficient and resilient supply chain.
"Our integration with ServiceNow is a natural extension of our commitment to help companies ensure operational resilience across all facets of their business," said Vinay Kapoor, SVP Product, Interos. "The supply chain is the heart of any organization and, as we have seen in the last two years, there is an urgent need to provide robust supply chain solutions that ensure business continuity and secure sustained long-term growth. Adding to this is the executive accountability and consumer focus on a company's ESG posture. This first-in-the-market integration with ServiceNow demonstrates the powerful solutions that can provide a comprehensive view of risk in a single platform."
Interos' breakthrough SaaS platform harnesses the power of artificial intelligence to map, monitor, and model supply chains in real-time. Automated workflows transform the way Interos and ServiceNow's joint customers manage vendor risk by allowing them to: identify sub-tier suppliers to the Nth tier, gain risk intelligence and insights, understand the overall health of their supply chain, and pre-emptively identify areas of concern that require action.
"Today's enterprises need real-time insight into the health of their entire global supply chain and the ability to act on any identified risks instantaneously," said Vasant Balasubramanian, VP and GM of Risk at ServiceNow. "The Interos integration into ServiceNow will help our joint customers gain visibility across their vast vendor and supplier networks and drive risk mitigation workflows for increased enterprise resilience."
The Interos integration with ServiceNow enables companies to assess six critical risk factors – finance, operations, restrictions, geopolitical, ESG, and cyber. Global supply shocks now cost companies an average of $184 million annually, excluding the cost of reputational impact, which also impacts over 80% of large enterprises.
About Interos
Interos is the operational resilience company — reinventing how companies manage their supply chains and business relationships — through our breakthrough SaaS platform that uses artificial intelligence to model and transform the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. Reducing months of backward-looking manual spreadsheet inputs to instant visualizations and continuous monitoring, the Interos Operational Resilience Cloud helps organizations reduce risk, avoid disruptions, and achieve superior enterprise adaptability. Businesses can also uncover game-changing opportunities to radically change the way they see, learn and profit from their relationships. Based in Washington, DC, Interos serves global clients with business-critical, independent relationships across their primary operational areas: supply chain, financial, cybersecurity, regulatory and ESG compliance, and geographical. The fast-growing private company is led by CEO Jennifer Bisceglie and supported by investors Kleiner Perkins, NightDragon, and Venrock. For more information, visit www.interos.ai.
ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.
Media Contact for Interos:
Zehra Mehdi-Barlas
media@interos.ai
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SOURCE Interos | https://www.kxii.com/prnewswire/2022/04/07/interos-integrates-with-servicenow-bolster-enterprise-resilience-across-global-supply-chains/ | 2022-04-07T13:25:22Z |
The remains of a 23-year-old from Utah who was killed during a bombing mission in World War II have been identified, a federal agency said Thursday.
Elvin L. Phillips, who was a sergeant for the US Army Air Forces, was a gunner on board an aircraft that crashed north of Bucharest, Romania, in the summer of 1943, the Defense POW/MIA Accounting Agency said in a news release.
"To identify Phillips's remains, scientists from DPAA used anthropological analysis," the agency explained, adding that scientists also used mitochondrial DNA during their examination.
His name had been recorded on the Tablets of the Missing at the Florence American Cemetery, which is an American Battle Monuments Commission site in Impruneta, Italy. "A rosette will be placed next to his name to indicate he has been accounted for," the agency said.
Phillips was a member of the 66th Bombardment Squadron, 44th Bombardment Group and was the tail gunner on the B-24 Liberator aircraft that carried eight other personnel and took off from Libya on August 1, 1943, as part of Operation Tidal Wave in Romania, according to the MIA Accounting Agency.
The target was oil refineries in Ploiesti, the agency said. Phillips was killed by anti-aircraft fire near Ploiesti and the badly damaged plane crashed. Two crew members survived by bailing out, it said.
Initially, Phillips' remains were buried as Unknowns in the Hero Section of the Civilian and Military Cemetery of Bolovan, Ploiesti, Prahova, Romania.
After the war, the American Graves Registration Command recovered all American remains from the cemetery for identification. It was unable to identify more than 80 unknowns and those remains were buried at two cemeteries in Belgium, the agency said.
By 2017, the agency began exhuming unidentified remains believed to be associated with unaccounted-for airmen from Operation Tidal Wave. Those remains were sent to the agency's Laboratory at Offutt Air Force Base, Nebraska, to be examined and identified, the agency explained. Phillips' remains were identified in March.
World War II began in 1939 and ended in 1945, with more than 16 million US troops serving in the battle. A total of 405,399 US troops died in the war.
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accounts, the history behind an article. | https://www.albanyherald.com/news/the-remains-of-a-23-year-old-killed-during-a-bombing-mission-in-world-war/article_1fdd7942-f06a-56ef-9741-f7243bfea9a6.html | 2022-08-19T06:10:15Z |
Deputy, K-9 escape from washed-out road
MAPLE VALLEY, Wis. (WBAY/Gray News) - Oconto County Sheriff Todd Skarban recounted a frightening situation for a sheriff’s deputy and K-9 during Thursday night’s storms when heavy rain washed out a county highway.
The sheriff said the deputy was driving along County Highway A in Maple Valley when the pavement collapsed under the vehicle.
Heavy rain had undermined a section of the roadway where there was a culvert.
The SUV dropped into the rushing water. The impact with the ditch triggered the air bags.
The deputy was able to get out quickly with his K-9 and was helped by a member of the highway department.
The sheriff writes, “We thank God there were no injuries or loss of life.”
The deputy was responding to a tree falling on a vehicle when the highway gave way.
Copyright 2022 WBAY via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/13/deputy-k-9-escape-washed-out-road/ | 2022-05-13T20:51:08Z |
First source of electronic health record data available on platform provides life science organizations with deeper clinical insights for therapy optimization
BOSTON, Aug. 15, 2022 /PRNewswire/ -- Arcadia, the leading data analytics platform for healthcare and life sciences, today announced its availability through Prognos Marketplace. Prognos is solving for disconnected, siloed data that cannot interoperate and leaves an incomplete view of the patient, including lab results, prescription information, and medical claims. Arcadia is the first source of electronic health record (EHR) data to be included in the platform, delivering deeper clinical insights that will enable Prognos' life science customers to optimize and accelerate therapy strategies.
Arcadia Research Data is built on an active EHRs and claims-based patient population data that feature comprehensive visibility across payers, multiple sites of care, and the entire clinical patient journey.
Prognos Marketplace will enable linking and access to Arcadia's de-identified RWD data to drive insights for life sciences research to improve health/patient outcomes.
"We are pleased to democratize access to health data at scale by joining Prognos' data partner ecosystem," said Jim Robbins, SVP of Life Sciences at Arcadia. "The clinical information available in our EHR data will enable these organizations to gather deeper, more accurate medical assessments that can accelerate the advancement of new, life-saving therapies to millions of patients."
"Prognos' life science customers can now include Arcadia's data in their cohort searches and purchase record-level data to inform therapy targeting, map the patient journey, and support therapy launch and commercialization efforts," said Sundeep Bhan, CEO at Prognos Health. "Providing the ability to combine patients' data across all data types including lab, claims, pharmacy, EHR, mortality, and SDoH data is critical to improving patient outcomes."
Connect with Arcadia at ICPE in Copenhagen to learn more about how their data can support biopharmaceutical research. Learn more at arcadia.io/rwd.
About Prognos
Prognos Marketplace houses harmonized lab test results from trusted sources integrated with large sources of prescriptions and medical claims. There are more than 200 billion health records for 325 million de-identified patients, with new data sources being added continually. Users can create and refine patient cohorts and then buy healthcare data through a single contract. All data purchased is available on the Datavant token, making it interoperable with other patient-level data that has been tokenized using Datavant. To learn more, visit prognoshealth.com
About Arcadia
Arcadia is dedicated to happier, healthier days for all. We transform data into powerful insights that deliver results. Through our partnerships with the nation's leading health systems, payers, and life science companies, we are growing a community of innovation to improve care, maximize value, and confront emerging challenges. For more information, visit arcadia.io.
Media Contact:
Marcia Rhodes
Amendola Communications for Arcadia
mrhodes@acmarketingpr.com
Ashley Triscuit
Prognos Health
atriscuit@prognoshealth.com
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SOURCE Arcadia | https://www.mysuncoast.com/prnewswire/2022/08/15/arcadia-research-data-now-available-prognos-marketplace/ | 2022-08-15T15:53:45Z |
LOWER MANHATTAN (WPIX) – The 9/11 Tribute Museum in Manhattan is shuttering on Wednesday, officials for the museum announced this week.
The museum, not to be confused with the National September 11 Memorial & Museum located at the site of the World Trade Center, will maintain an online presence, but financial difficulties mean the doors of the NYC location will close permanently.
Most of the museum’s collection will be moved to the New York State Museum in Albany. The museum is working to make sure everything is respectfully handled.
The 9/11 Tribute Museum had been experiencing hardships because of the COVID-19 pandemic, which took a toll on tourism and further exacerbated financial difficulties. Just last week, officials had even attempted to garner support for a Change.org petition to save the space, aimed at Gov. Kathy Hochul and NYC Mayor Eric Adams.
“We’ve really been hanging on by a thread,” co-founder and CEO Jennifer Adams-Webb said, per the Associated Press.
The museum traces its roots to 2004, when a group — founded by victims’ relatives — decided to turn a former deli near ground zero into a focal point for the commemoration of the 2001 terror attacks that killed nearly 3,000 people. The site of the World Trade Center was still a massive pit and construction site in 2004, but visitors were already coming in droves.
The tribute museum was eventually dwarfed by the National September 11 Memorial & Museum, a $700 million taxpayer-subsidized project that opened its memorial plaza in 2011 and a vast underground museum in 2014. The museum alone has drawn more than 18 million visitors and the open-air, un-ticketed plaza an estimated 55 million.
The 9/11 Tribute Museum, meanwhile, has been visited by over 5 million people since opening in 2005, by its own account. Its focus was to remember and honor those lost in the attacks through the personal stories of those who experienced, survived or lost family and friends on 9/11.
Through guided tours and exhibits, visitors to the 9/11 Tribute Museum were given “person-to-person” accounts demonstrating “the tremendous spirit of resilience and service that arose after the attacks, and are encouraged to honor the legacy of that spirit through volunteerism and acts of kindness in their own communities,” according to the museum.
It’s unclear when the museum’s collection will be placed on display at the New York State Museum in Albany.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/smaller-9-11-tribute-museum-in-nyc-closing-its-doors/ | 2022-08-17T20:37:50Z |
Box of reptiles mailed to the wrong address in New York
Published: Aug. 31, 2022 at 1:57 PM CDT|Updated: 49 minutes ago
PORT CHESTER, N.Y. (AP) — Several live lizards were wrongly delivered to a residence in a village north of New York City.
“Needless to say the addressee was quite startled when they opened the box,” Port Chester police wrote on Facebook.
Police received the call about the reptiles just after noon on Saturday. They posted a picture on Sunday of three dark-colored lizards held in a large white container. It was not immediately clear whether there were more reptiles not pictured.
“If you lost your lizards and iguanas we have them at the police department,” police wrote.
They said they held the animals until a local animal sanctuary could pick them up for safekeeping.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/31/box-reptiles-mailed-wrong-address-new-york/ | 2022-08-31T19:47:14Z |
COLD SPRING HARBOR, N.Y., July 20, 2022 /PRNewswire/ -- Cold Spring Harbor Laboratory (CSHL) is at the forefront of using organoid technology to study and treat cancer. Organoids are tiny 3D clusters of cells that are miniature versions of patients' tumors. Now, CSHL Cancer Center Director David Tuveson and Matthew Weiss, a physician at Northwell Health, have found that pancreatic tumor organoids may help guide decisions about a patient's initial treatment before tumor-removal surgery. They piloted a rapid organoid screening test that can yield results in as early as a week.
Getting quick results is important because pancreatic cancer patients usually do best if they undergo chemotherapy to shrink their tumor prior to surgery, explains Lyudmyla Demyan, a lead author of the study. Demyan is a research fellow in Tuveson's lab and a surgeon at Northwell Health. If the first round of chemotherapy is not effective, the patient may be switched to a different regimen. But, Demyan says, "You've already lost that critical window of opportunity to treat cancer. You're kind of losing grip on it—it's spreading very quickly."
The new study is part of an effort to expand organoids' role in improving clinical care. "Organoids enable us to recreate and recapitulate each patient's tumor," explains Amber Habowski, a postdoctoral fellow in the Tuveson lab and another lead author of the study. "We then have a model system for each individual patient that we can test drugs on. The idea behind personalized medicine is that if the organoid responds really well, we can maybe predict the patient would also."
CSHL runs one of the largest cancer organoid facilities in the country, working on a wide range of cancers. Currently, it leads a clinical trial called Pancreatic Adenocarcinoma Signature Stratification for Treatment (PASS-01). It is evaluating personalized therapy based on how individual patients' organoids respond to different chemotherapy treatments. The new pilot test may further optimize personalized chemotherapy treatments. Demyan hopes she will be able to use the test one day soon to help her patients.
Founded in 1890, Cold Spring Harbor Laboratory has shaped contemporary biomedical research and education with programs in cancer, neuroscience, plant biology and quantitative biology. Home to eight Nobel Prize winners, the private, not-for-profit Laboratory employs 1,000 people including 600 scientists, students and technicians. For more information, visit www.cshl.edu
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SOURCE Cold Spring Harbor Laboratory | https://www.wibw.com/prnewswire/2022/07/20/how-organoids-can-guide-pancreatic-cancer-therapy/ | 2022-07-20T21:40:22Z |
UK Talent and Facility to Join Formosa Group
LOS ANGELES, Aug. 18, 2022 /PRNewswire/ -- Streamland Media announced today that it has acquired London-based sound facility Sonorous Trident. The company will join Streamland Media's sound division, Formosa Group, further expanding its preeminent talent roster and facilities in the United Kingdom.
Sonorous Trident's industry-leading founders Mike Prestwood Smith and Howard Bargroff will make the move to Formosa Group. In building Sonorous Trident into a world-class sound facility, Prestwood Smith and Bargroff gathered a team of top artists to create a vibrant filmmaker friendly hub for sound at the highest level.
"We're genuinely thrilled to welcome Mike, Howard and their incredible ensemble to our Formosa Group family," said Formosa Group Founder, Bob Rosenthal. "Exceptional artists are the very backbone of Streamland Media, so we can't wait to collaborate with this talented Trident team. This is a fantastic opportunity for all of us involved and for the remarkable filmmakers whose vision we serve."
The addition of Sonorous Trident's legendary studio to Streamland Media's Formosa Group will create a significant hub for filmmakers worldwide. The Trident studio at 17 St. Anne's Court is where many influential musicians recorded historic albums from 1968 to 1981, including The Beatles, David Bowie, Elton John, and The Rolling Stones. The renowned Trident facility expands Formosa Group's worldwide locations and amplifies Streamland Media's unmatched global support and offerings for content creators.
Prestwood Smith's extensive credits as a re-recording mixer include Rocket Man, Aladdin, Harry Potter and the Prisoner of Azkaban and multiple films in the Mission Impossible and James Bond franchises. He won a BAFTA Award for Best Sound for Casino Royale (2007) and has earned an additional 10 BAFTA Film nods during his distinguished career. Prestwood Smith has been recognized with Oscar® nominations for his contributions on News of the World (2021) and Captain Phillips (2014).
"Joining Formosa Group and bringing their 'talent-first' approach to the U.K. with the goal of shaping a world class, creatively focused sound facility has been a long time in the making," says Prestwood Smith. "We are very proud to be a part of this extraordinary global creative community."
"This opportunity to build on our brilliant team and further expand Trident Studios into a vibrant state-of-the-art facility is fantastic," adds Bargroff. "We have a magnificent team and creative space which we can take to whole new level as part of Formosa Group."
Bargroff has mixed numerous high-profile features such as Men and Tinker Tailor Soldier Spy, for which he received a BAFTA Film Award (2012) nomination. He is a nine-time Primetime Emmy® nominee and won a 2021 Daytime Emmy for his work on The Letter for the King. Bargroff has garnered BAFTA TV Awards for A Very British Scandal (2022), The Night Manager (2017) and Sherlock (2012). His illustrious television credits include Devs, The Lost King, The Two Faces of January, A Very British Scandal and The Irregulars, among many others.
The seamless transition of Sonorous Trident into Formosa Group will move forward without interruption to clients' services.
"Bringing Sonorous Trident into Streamland Media combines industry-leading artists with our world class technology to give filmmakers the creative-driven, customized service they desire," says Streamland Media CEO Bill Romeo. "The bedrock of Streamland Media's vision is to meet storytellers when, where and how they create, and support their vision with talent and facilities that fit their needs perfectly. We're excited for this growth which gives us another opportunity to connect local creative communities on a global level."
About Formosa Group:
Formosa Group (www.formosagroup.com), Streamland Media's sound division, is a full-service post-production sound company composed of award-winning talent. Formosa Group offers content creators services, including sound supervision and design, sound and music editorial and re-recording mixing, as well as integration and music production for features, broadcast, music, interactive and commercials. It is home to some of the most creative and well-respected sound artists in the entertainment industry today, with multiple locations throughout greater Los Angeles, Seattle, New York, Toronto, and the U.K.
About Streamland Media
Streamland Media is a global post production company delivering picture, VFX, sound, and marketing services through its well-established industry brands, Picture Shop, Ghost VFX, Formosa Group and Picture Head. These integrated businesses support feature film, episodic, interactive, and emerging forms of entertainment by providing top-tier talent, technical expertise and customized solutions. Headquartered in Los Angeles, Streamland Media offers multiple locations worldwide throughout the U.S., Canada, Europe and the UK that are focused on providing a unique, regional approach to meeting client needs.
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SOURCE Streamland Media | https://www.mysuncoast.com/prnewswire/2022/08/18/streamland-media-acquires-award-winning-sound-studio-sonorous-trident/ | 2022-08-18T09:30:08Z |
PORTLAND, Ore., June 8, 2022 /PRNewswire/ -- SensiML™ Corporation, a leading developer of AI tools for building intelligent Internet of Things (IoT) endpoints, today announced that it is scheduled to participate in three key industry conferences. In each case, the company will be demonstrating how to create smart IoT sensors with the cutting-edge end-to-end workflow SensiML Analytics Toolkit. Developers can benefit from this automated AI software which makes data collection, labeling, feature extraction, ML classification and auto code generation fast and easy.
SensiML, a subsidiary of QuickLogic (Nasdaq: QUIK), offers cutting-edge software that enables ultra-low power IoT endpoints that implement AI to transform raw sensor data into meaningful insight at the device itself. The company's flagship solution, the SensiML Analytics Toolkit, provides an end-to-end development platform spanning data collection, labeling, algorithm and firmware auto generation, and testing. The SensiML Toolkit supports Arm® Cortex®-M class and higher microcontroller cores, Intel® x86 instruction set processors, and heterogeneous core QuickLogic SoCs and QuickAI platforms with FPGA optimizations. For more information, visit www.sensiml.com.
SensiML and logo are trademarks of SensiML. All other trademarks are the property of their respective holders and should be treated as such.
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SOURCE SensiML Corporation | https://www.kxii.com/prnewswire/2022/06/08/sensiml-participate-upcoming-industry-conferences/ | 2022-06-08T13:42:47Z |
PITTSBURGH, May 26, 2022 /PRNewswire/ -- "We wanted to create a therapeutic product to help reduce the pain associated with standard or migraine headaches," said one of two inventors, from Lauderhill, Fla., "so we invented the MIGRAINE RELIEVER. Our design would provide a natural method of dealing with migraines."
The patent-pending invention provides an effective way to apply massaging pressure and heat to relieve migraine headaches. In doing so, it offers an alternative to taking over-the-counter drugs. As a result, it helps to increase blood flow and it reduces pain. The invention features a versatile design that is easy to use so it is ideal for individuals who experience migraine headaches. Additionally, it is producible in design variations.
The original design was submitted to the Fort Lauderdale sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-FJK-142, 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/2022/05/26/inventhelp-inventors-develop-therapeutic-product-relieve-migraines-fjk-142/ | 2022-05-26T19:28:53Z |
DALLAS, Aug. 15, 2022 /PRNewswire/ -- Vertical Capital Income Fund (NYSE: VCIF) today announced that the Fund's Annual Meeting of Shareholders will be held on September 28, 2022, at 10:00 a.m., Eastern Time, at 41 South High Street, 17th Floor, Columbus, Ohio 43215.
Shareholders of record of the Fund as of the close of business on August 31, 2022 are entitled to notice of, and to vote at, the Annual Meeting of Shareholders and at any adjournment thereof. The notice of the Annual Meeting of Shareholders will be mailed to shareholders on or about September 12, 2022. At the Annual Meeting of Shareholders, shareholders of the Fund will be asked to re-elect one of the Trustees of the Fund and transact such other business as may properly come before the meeting.
Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses. For further details, please visit Vertical Capital Income Fund's website at vcif.us.
Vertical Capital Income Fund (VCIF) is an NYSE-listed closed-end fund that seeks monthly income by investing primarily in performing non-agency residential whole loans secured by real estate. As a secondary strategy the Fund aims to provide total return by acquiring performing residential loans at a discount to the unpaid principal balance (UPB). VCIF realizes capital gains as loans are paid off before maturity. For more information visit vcif.us and connect with the Fund on Twitter.
Oakline Advisors, LLC is the adviser to Vertical Capital Income Fund. Founded in 2013, Oakline Advisors, LLC is an SEC-registered investment adviser that specializes in the residential whole loan market. It is a wholly owned subsidiary of Dallas, TX-based Behringer. Since its inception in 1989, Behringer, together with its affiliates, has raised equity of more than $6 billion in assets through public and private fund structures. For more information about Oakline and Behringer please visit their respective websites at oaklineadvisors.com and behringerinvestments.com.
Fund shares are identified by CUSIP 92535C104
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SOURCE Vertical Capital Income Fund | https://www.wibw.com/prnewswire/2022/08/15/vertical-capital-income-fund-vcif-announces-2022-annual-meeting-record-date/ | 2022-08-15T23:28:40Z |
BROOKLINE, Mass. (AP) — Calculus and chemistry were too hard. Nobody took him seriously as a baseball player, either.
“I had dreams,” Hayden Buckley said, “but those were crushed pretty early.”
These days, the dream is golf. And it’s not so far-fetched to think this 26-year-old, whose Plan A was baseball and Plan B was health administration, could win the U.S. Open.
Buckley shot his second straight 68 on Friday to enter the weekend at 4-under 136, tied for third. He was one of five who made it to The Country Club through qualifying who now find themselves among the top 11 on the leaderboard.
It’s no stretch to say this is a shot in the dark for a guy who came in ranked 259th and has missed six of the last seven cuts on the PGA Tour. But it wouldn’t be the first time he’s beaten long odds.
Buckley’s career took off in February 2021 when he showed up to the driving range for a Korn Ferry Tour event in Florida while it was still dark and before he had a spot secured in the tournament.
“Luckily, I only live an hour south,” he said.
Thanks to a late withdrawal, Buckley made the field. Then, he went onto win the whole thing in a playoff.
That led to his PGA Tour card for this season, and a healthy dose of confidence, to boot.
“I know from experience what one week can do,” Buckley said. “I think you see it every week. You see it from guys that qualified this week and made cuts. Everybody is improving their professional status, and I think about that tournament a lot.”
To say Buckley took the straightest path to professional golf, though? Not true.
His dad played baseball at Ole Miss and Buckley was hoping to follow in his footsteps. But the recruiters did not call and “the two local colleges just kind of told me that I wasn’t going to play on their team,” he said.
“I thought I’d be in MLB by now, but at 5-11 and 150 pounds,” he said, as the thought trailed off.
Turning to a “real” career, Buckley pointed toward a health science major and possibly a job in health administration. Calculus and chemistry got in the way.
“I barely passed that semester and knew it wasn’t for me,” Buckley said.
In a golf.com interview earlier this year, he described himself as “so bad at golf at golf in high school” that it didn’t seem like a fit. He couldn’t break 80. But he kept working at it.
The coach at Missouri brought him on as what’s called a “2%” scholarship, essentially a walk-on. He was the 15th player on a 15-person roster for the Tigers at the start. He embraced the underdog role. Four years later, Buckley was a third-team All-American and the male athlete of the year at Mizzou.
Four years after that, he finds himself with a late starting time on the weekend at the U.S. Open.
“I think once you realize that this is what you want,” Buckley said, “you just have to go after it.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/buckley-turns-to-plan-c-earns-late-starting-time-at-us-open/ | 2022-06-18T13:14:28Z |
VIENNA, Va., Aug. 4, 2022 /PRNewswire/ -- Alpha Omega Integration and their CTA partner Dynamo Technologies (Team DAO) have won an $86 million contract with the USDA Office of the Chief Information Officer to provide mission critical cyber security operations support across the USDA enterprise. Team DAO will support the USDA's mission through the Cybersecurity Infrastructure Division and Cyber Defense Operations Division by delivering services such as cyber defense, incident response and operations, detection & monitoring, network security, system security, and cybersecurity architecture.
"Alpha Omega's IT research and development initiatives along with our interest in keeping abreast of new cyber threats and state of the art defensive technology will prove indispensable on this opportunity to monitor and protect the nation's Agriculture mission assets. We are grateful to the USDA and ISC for giving us the opportunity to support them with cutting edge, mission-critical, automated cybersecurity expertise," said Gautam Ijoor, CEO for Alpha Omega.
"IT systems are mission critical. The USDA OCIO ISC diligently serves and supports all the various USDA Bureaus and Offices by helping to protect their mission-critical assets and information, thereby securing our country's diverse food, agriculture, rural and natural resources. Team DAO is committed to do our part to ensure the highest levels of security and integrity of the USDA's enterprise systems," said Dr. Vivek "Vick" Taneja, President of Dynamo Technologies.
Alpha Omega provides high quality, collaborative IT and business consulting services, with the expertise and capabilities to serve customers. We are committed to quality and continuous process improvement, demonstrated by our Capability Maturity Model Integration (CMMI) Maturity Level-5 (ML-5) for Development and Services, as well as ISO/IEC registration for 20000-1:2018, 27001:2013, and 9001:2015. It is our commitment to customers to integrate best practices and standardization in the areas of quality, service management, and security into everyday operations. Alpha Omega is a mission-focused, client-centric, results-driven organization. For more information, visit https://alphaomegaintegration.com/aoi-contract-usda/.
Dynamo is a full lifecycle digital transformation company providing best-in-class technology and mission support services to the U.S. federal government. Dynamo's mission is to lead the digital transformation industry and provide best-in-class solutions to its clients with a truly human touch. Founded in 2012 and headquartered in the National Capital Region (NCR), Dynamo serves CONUS and OCONUS missions across the defense, diplomacy, environmental, financial, and law enforcement markets. Dynamo delivers excellence through talented personnel, in-house innovation labs, and partnerships with leading cloud/platform technology providers. Dynamo is CMMI-DEV v2.0 Level 3 appraised, and maintains ISO 9001, ISO 14001, ISO 17025, ISO 27001 and AS9100D quality certifications.
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SOURCE Alpha Omega Integration | https://www.wibw.com/prnewswire/2022/08/04/alpha-omega-integration-dynamo-technologies-win-86-million-contract-with-usda-ocio-information-security-center-isc-cyber-security-operations/ | 2022-08-04T16:16:44Z |
Recurring Subscriptions and Elevation Data as a Service Rose 39%
Achieves Positive Adjusted EBITDA and +40% EBITDA Margin
Generates Positive Adjusted Net Working Capital
DENVER, Colo., Aug. 11, 2022 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in 3D geospatial data and intelligence solutions, today announced that second quarter and first half revenue rose more than 100% over 2021. For the quarter and six months ending June 30, 2022, the Company reported revenue of $2.4 million and $4.4 million, compared with $1.2 million and $2.1 million, respectively, for the same periods last year.
Government sales improved to $1.7 million compared with $0.2 million for the prior year. Growth came from domestic and foreign sources. Substantially all government sales during the period were programmatic. Intermap is pursuing government programs of record in North America, Europe, South America and Southeast Asia, which fall under multiyear award contracts that include requirements for large-scale 3D GEOINT to support strategic data infrastructure, which is suitable for Intermap's 3D elevation data.
Commercial sales recognized a 39% increase in subscription-based revenue compared with the second quarter of 2021. Intermap's recurring subscription sales now comprise 32% of total revenue. Unearned Revenue, a balance sheet item, increased to $2.2 million on June 30, 2022 from $1.7 million at December 31, 2021, resulting from an increase in prepaid software subscriptions, representing significant growth in high-margin, cash-generating accounts.
The number of unique software subscribers increased 23% as of June 30, 2022, compared with June 30, 2021, and the average subscription size increased 13% during the period. These contracts enable customers to outsource to Intermap the collection, production, quality control, refresh and delivery of 3D geospatial intelligence, avoiding the cost, uncertainty and infrastructure associated with large in-house GIS workflows.
More than 50% of value-added data revenue for the three- and six-month periods ending June 30, 2022 was derived from recurring customer licenses. Value-added data increased to $1.8 million for the six months ended June 30, 2022, compared with $0.8 million for 2021. The increase was due to recurring updates for refresh data, with similar annual updates expected to continue.
Revenue growth came from every product category, including collection, value-added data products and recurring software and solutions, advancing a strategic objective to help customers lead an upgrade to large-scale automated 3D GEOINT. Intermap took advantage of the COVID period to extend its direct-sales model, adding key personnel and accelerating its evolution towards recurring solution-driven revenue. All Intermap's cloud-based software and Elevation Data as a Service are sold directly to non-expert geospatial users. For the six months ended June 30, 2022, 77% of total revenue was derived by direct selling efforts; 23% was derived from channel partners and distributors. As a result, in the second quarter of 2022, 90% of Intermap's European customers and 100% of its North American customers utilized cloud-based solutions. There were no Intermap customers receiving their 3D data solutions from the cloud three years ago in Europe and five years ago in North America. Intermap expects to commence offering cloud-based solutions through direct sales in Asia before the end of 2023.
The increase in high-margin subscription and cloud-based revenue also drove a 56% increase in gross margin from 39% for the six months ended June 30, 2021, to 61% for the same period this year. As Intermap continues to grow recurring revenue, fixed overhead associated with data infrastructure and public company reporting obligations are better absorbed, and it expects further benefits from operating leverage, and the continued expansion of gross and operating margins.
At June 30, 2022, the working capital deficit (current assets less current liabilities) improved to negative $0.7 million. Adjusted for prior year incentive compensation tied to the Company's financial performance, the working capital deficit was $Nil as of the second quarter, an improvement from a prior year deficit of $3.6 million.
Intermap continues to invest significant capital to maintain and improve its one-of-a-kind airborne remote sensing platform and radar systems, including salaries and equipment. IFRS accounting does not permit the Company to capitalize this investment against depreciation, leading to a large difference between cost basis and book value. However, the Company believes its material ongoing investment in proprietary property and equipment maintains its critical competitive advantage over other providers in its markets, which is demonstrated through ongoing and expected new upcoming contract wins.
"During the second quarter, Intermap's products, software and solutions helped to inform and accelerate decision making in climate change assessment, financial and emergency risk mitigation, resource, food and energy security, as well as navigation and national defense," commented Patrick A. Blott, Chairman and CEO. "Intermap expects this growth to continue as the availability, variety, and cost-effectiveness of proliferating source data from space and drones make Intermap's integrated, source-agnostic, 3D GEOINT products more accessible to non-expert users and enable faster decision making through automated systems."
On July 29, 2022, Amazon Prime released Thirteen Lives, a new film depicting the extraordinary true story of the rescue of 12 boys and their soccer coach from the Tham Luang cave in Thailand in summer 2018. Intermap played an important role at the request of the Thai government in supporting the courageous rescue effort. For more about the Company's contribution, please visit here.
Intermap's consolidated financial statements for the quarter ended June 30, 2022, along with management's discussion and analysis for the corresponding period and related management certifications for second quarter financial results, are available on SEDAR at www.sedar.com.
The term Earnings before interest, taxes, depreciation and amortization (EBITDA) consists of net income (loss) and excludes interest (financing costs), taxes, and depreciation. Adjusted EBITDA also excludes changes in working capital investment, share-based compensation and other non-operating gains or losses.
The most directly comparable measure to EBITDA and Adjusted EBITDA calculated in accordance with IFRS is net income (loss). The following is a reconciliation of the Company's net loss to Adjusted EBITDA.
Intermap's short form base shelf prospectus dated May 13, 2022 (Base Shelf Prospectus) is expected to be withdrawn by the Company on August 14, 2022 unless Intermap raises $1.8 million of capital in accordance with an undertaking provided to the Alberta Securities Commission. Under current volatile market conditions, it is not anticipated the Company will seek to extend its Base Shelf Prospectus. The Company is committed to accessing capital as efficiently as possible and only when needed to execute accretive strategic contract wins.
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", "will be", "will consider", "intends" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap's forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap's Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQX: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap's 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world's largest collection of multi-sensor global elevation data, the Company's collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap's products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation.
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SOURCE Intermap Technologies Corporation | https://www.wibw.com/prnewswire/2022/08/11/intermap-announces-100-quarterly-revenue-growth-led-by-government-sales/ | 2022-08-11T23:00:16Z |
School board in Alaska bans trans students from using bathroom of gender they identify with
PALMER, Alaska (KTUU/Gray News) - A school board in Alaska voted to suspend a policy that previously allowed transgender students to use the gendered bathroom which corresponded to the gender they identified with.
The Matanuska-Susitna Borough School District School Board’s vote was 5-1, KTUU reports.
The lone member of the board who voted no was Dwight Probasco, while the members who voted to suspend the policy were Jim Hart, Ole Larson, Tom Bergey, Jeff Taylor and Jubilee Underwood, according to KTUU. The board’s president was not present at the meeting.
The school district’s superintendent, Randy Trani, said in a letter to parents the agenda item was proposed by the school board’s policy committee. The policy committee provided a statement saying that a decision by the federal judge triggered the policy revision.
The removal of the policy means any transgender students within the school district must use bathrooms that correspond with the gender they were assigned at birth. However, KTUU reports the schools will “continue offering those students use of school bathrooms that provide individual locked access and privacy.”
Vincent Feuilles, president of LGBTQ+ and allies nonprofit organization The Queen’s Guard, said the suspension of the policy could potentially harm transitioning students who haven’t come out yet.
“You now have someone who looks, sounds, walks, appears to be a person who is a cisgender — or a person who was born male — going into women’s spaces,” Feuilles said. “You have taken them out of the spaces that match their gender identity and moved them over here, so now you have just outed this kid.”
Feuilles attended Wednesday’s meeting but was unable to testify due to the signup sheet being full. He said he heard a lot of misinformation coming out of various testimonies and hopes that the policy committee will invite his organization into the conversation when the guidelines are rewritten.
“One or two of the board members had said that they were going to reach out to the trans community because they wanted input and information on how to, hopefully, create a positive interaction,” Feuilles stated. “As the president of The Queen’s Guard, we’re willing to offer and extend that out to the school board.”
Trani stated in his letter that he was enacting the policy revision as directed by the school board’s 5-1 vote. KTUU reports the policy went into effect district-wide the next day.
“Pending a permanent resolution to this issue, I am suspending the use of bathrooms and locker rooms consistent with student gender identity in compliance with the Board’s directive,” Trani said. “Transgender students will still be offered the use of bathrooms and locker rooms which are individually locked. All students will have access to communal bathrooms and locker rooms that match their sex assigned at birth.”
In June, the board voted to approve a ban on trans athletes competing in girls’ extracurricular and co-curricular activities sponsored by the district. Probasco was also the lone no vote in the 6-1 decision to pass Board Policy 6145.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/12/school-board-alaska-bans-trans-students-using-bathroom-gender-they-identify-with/ | 2022-09-12T23:19:07Z |
WASHINGTON, Sept. 15, 2022 /PRNewswire/ -- Have onerous zoning laws been a driving force behind massive housing shortages in our biggest cities, impeding economic growth and encouraging widespread sprawl? According to Nolan Gray's Arbitrary Lines: How Zoning Broke the American City and How to Fix It, the answer is an emphatic yes. A city planner and Research Director at California YIMBY, Nolan Gray will give the keynote address at the American Enterprise Institute's Increasing Housing Supply with California Senate Bill 9 and Senate Bill 10 in Fresno on Wednesday, September 21st at 9:00 a.m.
As housing affordability has become a more salient issue for buyers and renters, the hyperlocal politics of housing have taken hold as a national conversation playing out across the country in state legislatures, in editorial pages, and in the White House. In California, the state assembly responded by passing SB-9 to legalize duplexes and lot splits on formerly single-family zoned parcels. This restores property rights to homeowners—particularly those strapped for cash-- who can now unlock the value of their land. Neighborhoods can boost economic growth and innovation, lower the cost of living, while improving municipal services.
California won't find a way out of its 4.6 million unit shortage without building more homes.1 SB-9 and SB-10 open the door to make this new construction through Light Touch Density possible. By modestly raising the average number of units per acre from 6.7 to 8.9, Light Touch Density could increase yearly housing construction in Fresno by 72%. Through building more duplexes, more townhomes, more condos, and more single-family homes on smaller lots, the lower rungs of the housing ladder can be restored for families and workers struggling to keep up with housing costs.
Join AEI and Nolan Gray in Fresno on September 21st to discuss how to do just that.
Registration is open for 6 conferences to be held the week of September 19th, 2022 that will feature discussions and conversations on the most pressing housing issues facing Californians. These conferences are free and open to the public.
Visit aei.org/california-housing-conference to register
1 Joint Economic Committee, "The Houses Act: Addressing the National Housing Shortage by Building on Federal Land."
AEI Housing Center Conference Schedule:
Monday, Sept. 19, 2022
San Francisco
Hotel Nikko
222 Mason Street
9:00am–1:00pm PDT (Incl. Lunch)
Tuesday, Sept. 20, 2022
Sacramento
The Citizen Hotel
926 J Street
9:00am– 1:00pm PDT (Incl. Lunch)
Wednesday, Sept. 21, 2022
Fresno
The Doubletree by Hilton Fresno Convention Center
2233 Ventura St
9:00am–1:00pm PDT (Incl. Lunch)
Thursday, Sept. 22, 2022
Riverside
Mission Inn Hotel & Spa
3649 Mission Inn Avenue
8:30–12:30pm PDT (Incl. Lunch)
Thursday, Sept. 22, 2022
Los Angeles
The One Hotel
8490 West Sunset Boulevard
3:00–7:00pm PDT (Reception)
Friday, Sept. 23, 2022
San Diego
Westin San Diego Gaslamp Quarter
910 Broadway Circle
9:00am–1:00pm PDT (Incl. Lunch)
Media Contact Details:
Arthur Gailes
American Enterprise Institute Housing Center
Washington, DC
aei.org/california-housing-conference
Arthur.gailes@aei.org
804-662-0874
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SOURCE AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH | https://www.wibw.com/prnewswire/2022/09/15/nolan-gray-author-arbitrary-lines-keynotes-aei-housing-conference-fresno/ | 2022-09-15T16:53:46Z |
James Earl Jones is back as the voice of Darth Vader.
Jones, 91, can be heard in the third episode of "Obi-Wan Kenobi." His role in the series had not been previously announced.
Jones wasn't initially credited when "Star Wars" was released in 1977, though his name has been subsequently added. He also did the voice for the stand-alone movie "Rogue One" and in the animated "Star Wars Rebels."
Darth Vader finds out that Obi-Wan is on a mining planet and Vader goes there to hunt him down.
Ewan McGregor plays the younger Obi-Wan. Other cast members in the Disney+ series include Moses Ingram, Joel Edgerton, Bonnie Piesse, Kumail Nanjiani, Indira Varma, Rupert Friend, O'Shea Jackson Jr., Sung Kang, Simone Kessell and Benny Safdie.
The latest story begins 10 years after "Star Wars: Revenge of the Sith."
"Obi-Wan Kenobi" is directed by Deborah Chow. She also directed two episodes of "The Mandalorian," Season 1.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/james-earl-jones-is-back-as-voice-of-darth-vader-in-obi-wan-kenobi/article_c306b808-83d1-5d82-8d93-2ed6309e61f5.html | 2022-06-02T19:03:15Z |
MINNETONKA, Minn., May 13, 2022 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2022.
- First quarter revenue of $2,135,000, up 12.3% from prior year-period
- Gross Margin of 54.6%
- Cash and investments of approximately $9.7 million
Net sales for the 2022 first quarter increased 12.3% to $2,135,000 from $1,901,000 in the prior-year quarter. The increase in sales was primarily a result of increased domestic sales for industrial automation and agricultural applications.
"We are pleased to report our largest first quarter revenue in the company's history," said David L. Klenk, Electro-Sensors' president. "Additionally, I'm proud of our team for maintaining a strong gross margin in the face of significant challenges in the global supply chain. While the acquisition of components and materials used in building our products is a daily challenge, we have a great team that is relentlessly focused on meeting our customer requirements."
A full analysis of results for the period ended March 31, 2022 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
About Electro-Sensors
Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Most standard products ship within one to two days and have an industry-leading 5-year warranty. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control.
Cautionary Statement Regarding Forward Looking Statements
This press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities. These forward-looking statements may include the words "will," "should," "believes," "expects," "anticipates," "intends" or similar expressions. For these forward-looking statements, the Company claims the protection of the safe harbor for forward−looking statements contained in federal securities laws. Forward-looking statements reflect the company's current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact. These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC that could cause actual performance, activities, plans, or opportunities after the date the statements are made to differ significantly from those indicated in the forward-looking statements.
For more information please visit our website at: www.electro-sensors.com. Also look us up on:
LinkedIn: linkedin.com/company/electro-sensors-inc-
Twitter: twitter.com/ESIsensors
Facebook: facebook.com/ElectroSensors
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SOURCE Electro-Sensors, Inc. | https://www.wibw.com/prnewswire/2022/05/13/electro-sensors-inc-announces-first-quarter-2022-financial-results/ | 2022-05-14T01:01:31Z |
DOWNERS GROVE, Ill., Aug. 9, 2022 /PRNewswire/ -- Duly Health and Care is being recognized with the highest achievement award given to providers by the Humana Stars Patient Experience program due to its commitment to patients in 2021.
"On the heels of its recognition for excellence in patient services provided in 2020, Duly Health and Care has once again shown how people can flourish through access to high-quality, affordable healthcare services and seamless experiences," said Alicia Gjertson, director of Stars Improvement at Humana.
The 2021 Patient Experience Gold Award distinction is given within a five-state region that includes Illinois, Wisconsin, Minnesota, North Dakota, and South Dakota. The Gold, Bronze, and Silver awards are based on achieving a certain benchmark in overall patient experience survey results from Humana members after a primary care visit.
The Gold level benchmark is 85.44 percent, compared to 84.96 percent for Silver and 83.96 percent for Bronze. Within the five-state region, only 15 provider groups achieved Gold-level status and five achieved Gold status in Illinois, which includes Duly Health and Care.
"This is a high honor to be recognized, not once, but twice in the past two consecutive years," said Mathew Philip, MD and Senior Vice President of Clinical Innovation at Duly Health and Care. "This is more evidence we are a valuable partner to our patients – meeting them where they are and partnering with them every step of their health and care journey to live healthier and happier lives."
Today, Duly Health and Care provides care to more than 171,000 Medicare beneficiaries across Chicagoland.
Duly Health and Care is one of the largest independent, multi-specialty physician-directed medical group in the nation with more than 1,000 primary care and specialty care physicians and more than 7,000 team members, in over 150 locations. The organization is wholly dedicated to helping all it serves flourish by challenging the expected to deliver the extraordinary in health and care.
Duly Health and Care physicians and team members support individuals in their personal health journeys each year, helping each one to meet their extraordinary potential through a holistic care delivery model designed to make health and care welcoming, simplified, and personalized.
For more information, visit www.dulyhealthandcare.com.
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SOURCE Duly Health and Care | https://www.kxii.com/prnewswire/2022/08/09/duly-health-care-wins-gold-patient-experience/ | 2022-08-09T19:03:49Z |
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