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BOLIDEN, Sweden, April 11, 2022 /PRNewswire/ -- Ongoing geotechnical investigations in Aitik show the need to eventually change to a new dam construction method to ensure long-term disposal of tailings. In addition, there is a need to strengthen the current dam construction to meet the best international industry standards. The investments over the next two years are expected to lead to increased investments of a total of SEK 5 billion, of which SEK 1 billion in 2022.
- A high level of dam safety is always our top priority. The new direction naturally entails challenges in the short term, but it also creates long-term opportunities in Aitik and a clear direction for how the business can be developed going forward, says Mikael Staffas, President and CEO of Boliden.
Normally, the dam structures at Aitik's tailings pond are built and filled in line with production. In connection to ongoing geotechnical surveys for future dam heightening, areas with poorer soil conditions than previously estimated have been identified. Additional dam heightening and deposition of tailings against dams in these areas has therefore been suspended. In a first step, existing dam structures will now be strengthened and certain infrastructure will need to be moved. This is estimated to take about two years, after which dam heightenings and deposition in this area can be resumed.
Production in Aitik is not expected to be affected during this time as tailings can continue to be deposited in other parts of the tailings pond. The measures depend on environmental permits and other approvals, but work can be started prior to the permitting process.
For 2022, the total investments in the Group are now expected to increase from previously communicated just over SEK 10 billion to just over SEK 11 billion.
This information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Director Group Communication, at 08:00 CET on April 11, 2022.
For further information, please contact:
Klas Nilsson, Director Group Communications, phone: +46 70-453 65 88
Mail: klas.nilsson@boliden.com
Due to this communicated press release, a telephone conference for analysts will be held today at 09.00 Stockholm time zone. From Boliden, Mikael Staffas, President and CEO and Håkan Gabrielsson, CFO, participate.
To participate, please call 5 minutes before the opening of the conference:
- from Sweden +46 856642651
- from United Kingdom +44 3333000804
- from United States +1 6319131422
PIN Code: 69409035#
The presentation will be held in English
Boliden is a metals company with a focus on sustainable development. Our roots are Nordic, our market global. Our core competence lies within the fields of exploration, mining, smelting and metal recycling. Boliden has around 6,000 employees and an annual turnover of around SEK 70 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm.
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https://www.whsv.com/prnewswire/2022/04/11/decision-adjust-dam-construction-aitik/
| 2022-04-11T07:42:08Z
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- Valour has been admitted to The Financial Services Standards Association (in German: Verein zur Qualitätssicherung von Finanzdienstleistungen, "VQF"), a self-regulatory organization.
- The membership assures people that all DeFi Europe AG ("DeFi Europe") trade operations are compliant with Swiss anti-money laundering legislation and provides a regulatory stamp of approval strengthening the Company's trust as an issuer of digital assets
- The membership marks Valour as the first and only ETP issuer with admission to VQF association and it also enables the company to offer digital assets directly to businesses and institutions.
TORONTO, April 11, 2022 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralized finance, announced today that Valour Inc. ("Valour"), its wholly owned subsidiary and a pioneer in digital asset exchange traded products ("ETPs"), has been approved for a Swiss VQF membership through its Switzerland-based entity DeFi Europe.
The Swiss VQF membership was awarded by VQF, a self-regulatory association for the financial industry in Switzerland. The SRO is supervised by the country's official watchdog, the Swiss Financial Market Supervisory Authority ("FINMA").
DeFi Europe is a wholly owned subsidiary of Valour Inc. based in Zug, Switzerland. With the approval, DeFi Europe can now operate as a broker for digital assets, fully compliant with Swiss anti-money laundering legislation, enabling the company to offer access and liquidity in digital assets to businesses and institutions. The membership provides a regulatory stamp of approval strengthening the Company's trust as an issuer of digital assets. Valour becomes the first and only ETP issuer with admission to the VQF association.
"We see a tremendous amount of development across the broker landscape with continued adoption and demand for ETPs and digital assets," said Tommy Fransson, CEO of Valour. "In addition to ETPs, the most innovative brokers are searching for the possibility to offer crypto directly to their clients. With our state of the art infrastructure already in place, in combination with the transparency and trust that is a guiding principle for us at Valour, we see this as our next phase to leverage our existing operations that will enable us to support our counterparts."
"We continue to focus on providing transparency and utility to investors," said Russell Starr, CEO of DeFi Technologies. "Receiving admission to the VQF association further strengthens our value proposition and validates our ambition to be a leading provider of digital assets. We believe this will be an important step in our roadmap to access an even larger part of the institutional market."
Learn more about DeFi Technologies and Valour at defi.tech and valour.com.
The Financial Services Standards Association (in German: Verein zur Qualitätssicherung von Finanzdienstleistungen - VQF) is a self-regulatory organization. In Switzerland, the Swiss Financial Market Supervisory Authority (FINMA) is the Swiss government body responsible for financial regulation of financial institutes/intermediaries such as banks, insurances, broker-dealers, funds as well as SRO's.
DeFi Europe is a wholly owned subsidiary of Valour Inc. based in Zug, Switzerland. Once approved, DeFi Europe will be operating as a broker for virtual assets, fully compliant with Swiss anti-money laundering legislation and enable the company to offer access and liquidity in virtual assets.
Valour Inc. issues exchange-listed financial products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, in a simple and secure way. Established in 2019 and based in Zug, Switzerland, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO:DEFI) (GR: RMJ.F) (OTC: DEFTF). For more information on Valour, visit www.valour.com.
DeFi Technologies Inc. is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit https://defi.tech/.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to: the DeFi Europe's Swiss VQF membership; the business plans for DeFi Europe; the growth and adoption of decentralized finance; the pursuit by DeFi Technologies of business opportunities; the development of future ETPs and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited to, regulatory approval of DeFi Europe; the growth and development of the DeFi and cryptocurrency sector; rules and regulations with respect to DeFi; regulatory approval of ETPs and future adoption of Valour's ETPs. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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https://www.whsv.com/prnewswire/2022/04/11/defi-technologies-subsidiary-valour-approved-swiss-vqf-membership/
| 2022-04-11T07:42:14Z
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STOCKHOLM, April 11, 2022 /PRNewswire/ --
- Ericsson suspends affected business in Russia
- Records a SEK 0.9 b. provision in first quarter 2022
In late February, Ericsson (NASDAQ: ERIC) suspended all deliveries to customers in Russia. In the light of recent events and of European Union sanctions, the company will now suspend its affected business with customers in Russia indefinitely. Ericsson is engaging with customers and partners regarding the indefinite suspension of the affected business. The priority is to focus on the safety and well-being of Ericsson employees in Russia and they will be placed on paid leave.
As a consequence, Ericsson records a SEK 0.9 b. provision in first quarter 2022 for impairment of assets and other exceptional costs. No staff redundancy cost is included. The provision will be recorded in Other Operating Expenses in Segment Networks. Around one third of this amount will impact cashflow.
NOTES TO EDITORS:
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MORE INFORMATION AT:
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About Ericsson
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
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https://www.whsv.com/prnewswire/2022/04/11/ericsson-suspends-business-russia-indefinitely-records-provision-q1-2022/
| 2022-04-11T07:42:22Z
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SPRING, Texas, April 11, 2022 /PRNewswire/ -- ExxonMobil introduced today its new Exceed™ S performance polyethylene (PE) resins, which deliver industry-leading combinations of stiffness and toughness while being easy to process. Utilizing the company's latest innovations in polymer science, the new PE platform provides opportunities to reduce the complexity of film formulations and designs while improving film performance, conversion efficiency, and packaging durability versus current market references.
Modern film design is a story of increasing complexity and compromise between performance and processability that is accepted to ensure durable packaging and high customer satisfaction. Multi-component resin blends in coextruded and laminated films with high layer counts are common-place. Every step of producing and converting printed film into durable packaging is prone to complexity-induced inefficiency, scrap and human mistakes. What if your resin could help simplify all of this?
"Exceed™ S performance PE resins deliver simplicity without compromise," said Tom Miller, Exceed™ S marketing manager at ExxonMobil. "With Exceed S, converters can obtain high levels of performance with easy processing, stiffness and toughness with less blending, and resin solutions that can simplify operations and improve package durability. In short, it is a platform of performance polyethylene grades designed to do so much, so simply."
Innovative converters can rethink film design with Exceed™ S performance PE by…
- Creating stiff, tough functional layers to maximize performance
- Leveraging increased performance to help facilitate solutions with sustainability benefits
- Reducing the need to add HDPE for stiffness or LDPE for processing
- Creating flatter, less extensible films to increase print and package line efficiency
- Delivering more durable flexible packaging, contributing to consumer satisfaction and helping to reduce food waste
The first three commercially available grades of Exceed™ S resins are designed to ensure low melt pressure and high output on blown film lines. The combined benefits allow the creation of a broad range of packaging and film applications:
- Large-format heavy duty sacks used in industry and agriculture along with silo bags for farming can benefit from increased puncture, impact and tear resistance. Exceed™ S resin's combination of low melt pressure and high extrusion output can also help increase converter's production capacity.
- In primary packaging, non-laminated coextruded films used in pouches and bags containing liquid, food, or other goods can benefit from improved toughness and are less likely to break when transported or dropped. For example, multi-wall bladders used in hot-filled bag-in-box packaging exhibit exceptional resistance to heat-induced blocking and flex cracking.
- PE//PE laminates with improved stiffness, toughness and bag drop survival can help facilitate larger pouch sizes and accommodate bulkier, heavier contents, helping to expand market usage of mechanically recyclable packaging.*
In these types of applications, the outstanding mechanical properties of Exceed™ S resins can be used to increase film performance, maintain comparable performance at a thinner gauge, produce more durable mono-material products, or incorporate high percentages of recycled content. Providing such solutions are part of ExxonMobil's four-pronged approach of using performance polymers to help facilitate solutions with sustainability benefits.
"ExxonMobil has been at the forefront of polyethylene innovation for nearly thirty years," said David Hergenrether, vice president for polyethylene at ExxonMobil. "The new Exceed™ S platform embodies our most advanced product and process development informed by deep, long-standing partnerships with our customers."
"The innovation opportunities that Exceed™ S performance polyethylene offers have already resulted in successful collaborations with more than 75 customers globally working on more than 100 different applications. We look forward to collaborating with our customers on new opportunities to advance their products."
Learn more about ExxonMobil's Exceed™ S solutions, visit: https://www.exxonmobilchemical.com/pe
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SOURCE Exxon Mobil Corporation
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https://www.whsv.com/prnewswire/2022/04/11/exxonmobil-introduces-new-exceed-s-performance-polyethylene-enabling-converters-rethink-film-design-simpler-solutions/
| 2022-04-11T07:42:28Z
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PALO ALTO, Calif., April 11, 2022 /PRNewswire/ -- Ladder, the company offering flexible life insurance in minutes, today released "Crocodile," the second installation of its "So Good" brand campaign — a series of humorous and memorable films built around the unique consumer insight that almost 1 in 2 couples with life insurance joke about taking each other out for the payout.
Created in partnership with creative/culture agency FRED & FARID Los Angeles and award-winning director and costume designer Casey Storm (of Spike Jonze and David Fincher credits), the new film stars the Ladder mom unleashing another inventive plot on her beloved husband: this time with the ruse of a romantic parental rendezvous and a little help from a crocodile. Once again, dad escapes the outlandish trap (mostly) unphased, retorting "I'm ok, guys!" with his signature happy-go-lucky demeanor.
With the continuation of this daring campaign and its innovative digital life insurance product, Ladder is cementing its position as the unavoidable disruptor in life insurance — attracting a new generation of consumers and flipping traditional life insurance rhetoric on its head to create easy and open conversations within families.
To champion these conversations, the "Crocodile" spot leads to a landing page with additional videos featuring the So Good cast: a delightful series of father-daughter interview sessions that cover the basics of life insurance. By centering these discussions, Ladder is further shifting life insurance away from a taboo topic to appreciating it as a crucial part of every family dynamic.
"We feel so lucky to have such an amazing client partner. They understand the power of creativity and are willing to take risks and to be bold and disruptive. We hope to continue to capitalize on the success of the campaign with many more films," says FRED & FARID Los Angeles creative agency.
"I love this campaign," says Casey Storm. "For me as a director, the scripts and the campaign are a home run. I've heard how effective the last campaign was and I'm sure this next devilish round will be equally successful at raising brand awareness and making people smile."
"Crocodile is about more than the next installment in our campaign," says Olivia Borsje, VP of Marketing at Ladder. "It's representative of the way Ladder is revolutionizing life insurance for customers — not only through product and distribution innovation, but also through brand. Giving digital consumers a fresh way to re-engage with the category is fundamental to achieving our mission of making life insurance as affordable, accessible, and beloved as it should be."
Ladder's "Crocodile" spot is now live across the country on digital platforms and TV networks.
About Ladder
Ladder is the next generation life insurance company. Offering flexible term coverage in minutes that can save policyholders up to 40%*, Ladder uses an all-digital architecture and real-time underwriting to make life insurance as accessible, affordable, and beloved as it should be. The company is headquartered in Palo Alto, CA and offers coverage up to $8M in all 50 states. To learn more, visit ladderlife.com.
About FRED & FARID
FRED & FARID is a creative/culture agency producing meaningful ideas, grounding brands into culture. Based in Los Angeles, New York, Paris, Shanghai, FRED & FARID's culture is a peculiar mix of the French sense of craft and taste, the Chinese sense of tactic and digital, and the American sense of vision and strategy. The agency focuses on creative consulting, brand strategy, branding, content & social activation, and has produced 1800+ creative campaigns for 250+ brands in 33+ industries, winning 1200+ awards and 30+ industry titles – including Cannes Grand Prix and D&AD 3rd Independent Network.
Media Contact
Liana Corwin, media@ladderlife.com
Jalila Levesque, jalila.levesque@fredfarid.com
Assets
"CROCODILE" FILM: https://www.youtube.com/watch?v=W7sQnmwGsbc
KEY VISUAL: https://www.dropbox.com/sh/9exdup3hhqnb4ew/AADvrGxzUh2ZNzRISIYibz3ta?dl=0
101 FILMS: https://www.ladderlife.com/so-good
KEY VISUALS: https://www.dropbox.com/sh/a6vctsyvgp8wr2a/AACBC9egEJa8u92223b1g-bQa?dl=0
Credits
Title of Ad: "CROCODILE"
Brand: Ladder
VP of Marketing: Olivia Borsje
Brand Marketing Manager: Casey Dubie
Director of Communications: Liana Corwin
Agency: FRED & FARID Los Angeles
Chief Creative Officers: Fred & Farid
Creative Director: Chelsea Steiger
Account Director: Sarah Silberstein
Copywriter: Ciana Alessi
Executive Producer: Amanda Van Caneghem
Strategy Director: Eileen Zhao
Head of Global Communications: Jalila Levesque
Business Affairs Lead: Michelle Fink
Production Company: Production Company Productions
Director: Casey Storm
Executive Producer: Rob Hatch-Miller
Executive Producer: Puloma Basu
Executive Producer: Tom Scharpling
DP: Jake Polonsky
Producer: Rob Hatch-Miller
Producer: Puloma Basu
Editorial: EXILE
Editor: Matt Murphy
Assistant Editor: Ersin Dogruer
Executive Producers: CL Kumpata, Jennifer Locke
Post Producer: Samantha Axelrod
Company 3 Color
Senior Colorist: Sean Coleman
Senior Color Producer: Matt Moran
Executive Producer Color: Connor Callaghan
Company 3 Finish
Lead Flame Artist: Brian Conlon
Flame Artists: Kelly Bumbarger, Sean Wilson, Cecile F. Tescon
Roto Artists: Pam Gonzales, Marianne Magne
Senior Finishing Producer: Paula S. Jiménez
Executive Producer Finish: Connor Callaghan
Music by Human
Head of Sync and A&R Kamela Anderson
Creative Director Craig DeLeon
Composer Jon Hubbell
Sound Design & Mix: Lime Studios
Mixer: Sam Casas
Executive Producer:Susie Boyajan
Disclosure
Ladder Insurance Services, LLC (CA license # OK22568; AR license # 3000140372) distributes term life insurance products issued by multiple insurers – for further details see ladderlife.com. All insurance products are governed by the terms set forth in the applicable insurance policy. Each insurer has financial responsibility for its own products.
*Savings in premium compared with the same customer maintaining their full coverage amount for the policy term. Savings attained by decreasing coverage every three years over the policy's full term on a $1.4M, 20 year policy. Prices valid as of June 15, 2021.
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SOURCE Ladder; FRED & FARID Los Angeles
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https://www.whsv.com/prnewswire/2022/04/11/ladder-releases-crocodile-spot-second-chapter-so-good-campaign/
| 2022-04-11T07:42:35Z
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- Underscoring its commitment to world-class technology, DAZN has recruited Sandeep Tiku to drive innovation and lead the next phase of platform development
- Sandeep is internationally recognised as a world-class technologist and innovator
LONDON, April 11, 2022 /PRNewswire/ -- DAZN Group, the global sports entertainment company, today announces that Sandeep Tiku will be joining the company as Chief Technology Officer.
Sandeep will lead DAZN's global technology and product teams to drive the next phase of development for its core sports streaming media platform as it integrates new experiences to become an interactive sports entertainment ecosystem and expands into new markets.
Having spent over 20 years designing and developing transformational technology and complex platforms for B2C digital products, Sandeep is recognised as a global technology leader and respected innovator.
Sandeep's impeccable track record in building complex technology, coupled with his entrepreneurial spirit and customer-centric approach, will be invaluable to DAZN.
His appointment follows the launch of DAZN X, the company's innovation lab, and underscores DAZN's ongoing investment in world-class technology and commitment to an exceptional fan experience as it integrates richer and more interactive content for fans to enjoy alongside live sports.
Sandeep joins from Entain, a FTSE 100 global gaming and entertainment company, where he was most recently Chief Operating Officer, and oversaw the technology and operations that supports a portfolio of brands in over 30 markets. During his eight years at Entain, Sandeep was instrumental in developing their industry-leading global platform to be robust and scalable.
CEO of DAZN Group Shay Segev said, "Having worked alongside Sandeep for many years at Entain, I know that he is an exceptional and visionary technologist and the right person to lead DAZN's technology teams. He will be invaluable as we expand our offering with even more ways to entertain and engage sports fans and forge ahead with transforming the global sports market."
Sandeep Tiku said, "To join a company like DAZN that has boundless ambitions and puts the customer at the heart of everything it does, is fantastic. With their vision and my tech experience, the potential is phenomenal. I look forward to working with Shay and the global technology teams to grow DAZN's platform as a true destination for sports fans across the world."
Photo - https://mma.prnewswire.com/media/1793931/DAZN_Sandeep_Tiku.jpg
Logo - https://mma.prnewswire.com/media/1097249/DAZN_Gr
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SOURCE DAZN
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https://www.whsv.com/prnewswire/2022/04/11/sandeep-tiku-join-dazn-group-chief-technology-officer/
| 2022-04-11T07:42:42Z
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Stock price doubles in value
HONG KONG, April 11, 2022 /PRNewswire/ -- Hong Kong Aerospace Technology Group Limited (HKATG; 01725. HK) announced its strategic cooperation with the Company and Shandong Institute of Industrial Technology for the construction and operation of the first high-resolution agricultural satellite constellation (''Golden Bauhinia — Qilu Satellite Constellation'') on 4 April. It is known that the first phase of the project comprising 9 satellites and the first experiment satellite is expected to be launched in July 2022, and the remaining eight operational satellites with 8-band multi-spectral observation capability will be launched in December 2022.
After the news came out, a huge amount of smart money poured into HKATG, its stock soared for 4 consecutive days between 4 April and 8 April. HKATG recorded a four-day gaining streak from its latest low of HK$12.2, in addition to crossing above 10-day and 20-day exponential moving average (EMA), the stock, a new high in three months was made during intraday trading on 8 April. HKATG surged by more than 100% in a few days, and the trading volume moved against the market which up to nearly 800,000 shares, with a capital of HKD 16.83 million involved and an amazing momentum.
According to the Flow of Funds, several foreign and local banks have been increasing their holdings in the past few days, showing confidence in HKATG's prospects. Previously, HKATG announced its collaboration with the College of Engineering of the City University of Hong Kong (''CityU''), the parties have entered into a letter of intent (the ''LOI'') concerning the strategic cooperation in the research and development of advanced satellite technology and related applications in Hong Kong, covering communication systems, antenna technology, advanced materials, data processing, and energy management. With the dominant position in the local commercial aerospace market, HKATG is well-positioned for endless business opportunities.
Annual Results Not Fully Reflected Upcoming Profits
HKATG announced the consolidated annual results for the year ended 31 December 2021, though the gross profit recorded a year-over-year decline of approximately 25.2%, smart investors seem to be aware that last year's results did not reflect several strategic agreements signed by the company since the beginning of 2022, so they bought immediately while the stock price pulled back.
If you read the company's annual report carefully, it is not difficult to analyze the reasons that influence HKATG's gross profit in 2021. The company's key construction, the Satellite Operation Control, and Application Centre at the AMC Premises put into operation last year, which has led to an increase in operating costs while representing a milestone in the production capacity expansion. It is worth mentioning that, according to the latest annual results, the company's net impairment losses on financial assets as of 31 December 2021 have narrowed significantly, from RMB 5,122,000 in 2020 to RMB 131,000 in 2021, the result is quite encouraging.
An exclusive aerospace manufacturer in HK
According to the management of HKATG, the company will gradually put into production batches of optical remote sensing satellites, these satellites will have different types of payloads such as multi-spectral and synthetic aperture radar and can comprehensively provide satellite remote sensing data and products that integrate different bands. The company also announced earlier that those 25 satellites are planned to be launched in 2022 for the "Golden Bauhinia Constellation'', and the ''Golden Bauhinia Satellite No. 1 (04)'' is also ready to launch. With the launch of small satellites in batches, HKATG is expected to realise the on-orbit verification of miniaturized aerospace systems, laying the foundation for next year's business constellation development.
''Golden Bauhinia Satellite No. 1 (04)'' is another pilot satellite of the "Golden Bauhinia Constellation", on the one hand, the satellite will conduct on-orbit testing and verification of micro-miniature remote sensing payloads, and on the other hand, the data generated during the satellite's in-orbit operation will be widely used in agricultural monitoring, disaster prevention, and mitigation, as well as comprehensive urban management and watershed control.
Taking the supporting role in the development of Hong Kong into an international innovation and technology hub, HKATG certainly has a market-dominating position with explosive growth potential in the upcoming years and beyond.
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SOURCE Hong Kong Aerospace Technology Group
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https://www.whsv.com/prnewswire/2022/04/11/smart-money-pours-into-hkatg/
| 2022-04-11T07:42:48Z
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Stay up-to-date with the latest Korean dramas on Rakuten Viki and watch all-new episodes with subtitles available in more than 150 different languages. Subscribe to Viki Pass and enjoy exclusive shows in HD, completely ad-free.
SAN MATEO, Calif., April 11, 2022 /PRNewswire/ -- April is going to be an exciting month for kdrama fans. Viki presents a line-up of new and exclusive dramas that are sure to satisfy viewers of all ages. From Queendom 2 to Again My Life, viewers can watch the latest episodes online on Viki's website.
Top Korean Drama Picks to Watch This April
Starring Lee Joon Gi and Kim Ji Eun, Again My Life is a crime and mystery Korean drama that follows a hardworking prosecutor who gets killed while investigating a politician suspected of corruption. Kim Hee Woo (Lee Joon Gi) gets another shot at life and tries to discover the truth about what happened to him.
Viewers looking for a romance Korean drama to watch can look forward to Sh**ting Stars (Shooting Stars). Top star, Gong Tae Sung (Kim Young Dae), is viewed as a kind and polite young man in the public's eyes. However, he has a different personality off-screen. As the PR team head, Oh Han Byeol (Lee Sung Kyung) always employs her excellent speech and crisis management skills to maintain Tae Sung's image. Despite their endless bickering, the two gradually develops feelings for each other.
Another must-watch Korean drama is From Now, Showtime! starring Park Hae Jin and Jin Ki Joo. Park Hae Jin plays a famous magician, Cha Cha Woong, who is able to see ghosts. Go Seul Hae (Jin Ji Joo) is a passionate police officer that shares the same ability but is afraid of using it. With Hae Jin's ghostly retinue, they start to work together to catch fiendish criminals.
Check Out More Exciting Shows
Apart from these new Korean dramas, viewers can also watch Queendom 2, a Korean reality survival show that pits six all-female acts against each other in a series of musical challenges. Viewers can look forward to exciting performances as the competitors battle it out to win the crown.
Additionally, viewers can also watch Japanese dramas like Promise Cinderalla – now available on Viki. When her husband reveals that he has met another woman, Katsuragi Hayama (Nikaido Fumi) leaves the house only to be robbed of the money she has. Homeless and penniless, she meets Issei (Maeda Gordon). The bratty high school student offers her a place to stay, only if she plays a game with him.
Watch Korean Dramas Online with Subtitles Free
Viki offers a wide range of genres, including romance, action and comedy. Viewers can watch shows for free or subscribe to Viki for an ad-free experience and be entertained anytime, anywhere. Dramas and movies on Viki are also subtitled in a variety of language options. Viewers can look forward to enjoying their favorite shows in English, French, Traditional Chinese and more.
About Rakuten Viki:
Rakuten Viki is a premier destination for Asian entertainment, offering the best and most accessible selection of Asian movies and shows, including dramas, variety and award shows, and originals across many popular genres. Reaching more than 55 million fans in 190 countries, Rakuten Viki's content is translated into 150+ languages by a community of avid fans. Viki, Inc. as well as Soompi, an entertainment news community, is a part of the Rakuten Group (TSE: 4755), a global leader in e-commerce and internet services that empower individuals, communities, businesses, and society.
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SOURCE Rakuten Viki
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https://www.whsv.com/prnewswire/2022/04/11/watch-these-new-korean-dramas-online-rakuten-viki-this-april/
| 2022-04-11T07:42:55Z
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Man accused of beating roommate over mosquito argument
DALLAS (CNN) - A Texas man is facing aggravated assault charges after allegedly beating his roommate over an argument about mosquitoes.
Victor Shavers, 43, reportedly admits he hit the man he shares a bedroom with when they began arguing over what mosquitoes look like. The roommate says the attack began when the verbal argument escalated.
The man says Shavers grabbed a wooden stick and beat him in the head with it before he was able to get a metal baseball bat to defend himself. He used that bat to hit Shavers in the head several times.
Both men were treated for their injuries at the hospital. The roommate required multiple stitches on his face.
Police arrested Shavers on an outstanding warrant and also charged him with assault.
A judge ordered him to be held Tuesday on a $28,000 bond.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/11/man-accused-beating-roommate-over-mosquito-argument/
| 2022-04-11T09:10:20Z
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NASHVILLE, April 11, 2022 /PRNewswire/ -- AMBEST, the member-owned, nationwide network of independent truck stops and service centers, presented the 2021 Grand Prize Polaris Ranger XP900 to Kansas based driver and long-time AMBUCK$ cardholder Doug Jackson. The presentation was held on Wednesday April 6th, 2022, at AMBEST member location Midwest Travel Plaza in Cuba MO.
"The best phone call I get to make each year is when we call our AMBUCK$ grand prize lucky driver," says Steve Allen, CEO of AMBEST. "Drivers have responded and connected with the Polaris Ranger ATV, and we are excited to partner with Lucas Oil for the 14th consecutive year to present this amazing vehicle to Doug."
AMBUCK$ is the longest continuously running professional driver rewards program and gives over $30,000 in prizes and rewards to truck & motor coach drivers each year. Drivers swipe their AMBUCK$ loyalty card when they fuel at any AMBEST location or get work done at an AMBEST Service Center. Each swipe is an entry to win multiple prizes or even the annual grand prize valued at over $20,000.
"I remember looking at the grand prize banner and saying, 'No one ever wins these things.'" Says Doug Jackson, the lucky winner. "Like many truck drivers, I work hard and spend a lot of time on the road to build a better future for my family. Winning this is an amazing gift recognizing that hard work."
March 1st, AMBEST announced the 2022 Grand Prize is a 2022 Indian Super Chief Motorcycle. This will be the 15th year that AMBEST is partnering with Lucas Oil to co-sponsor a Grand Prize to be given to one lucky driver who swipes their AMBUCK$ card at one of over 500 AMBEST locations across the country.
About AMBEST
Founded in 1988, AMBEST is a member-owned, nationwide network of independent truck stops and service centers. Unlike big corporate companies, AMBEST locations are family owned businesses where you're likely to find the owner with his or her sleeves rolled up ready to take care of drivers anyway they can. AMBEST has over 500 Truck Stops and Service Centers across the United States.
Pictured: Steve Allen – CEO AMBEST, Doug Jackson– 2021 AMBUCK$ Grand Prize Winner
Contact Information:
AMBEST
Kevin Neely
Director of Marketing
kneely@am-best.com
615-777-9104
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| 2022-04-11T09:13:36Z
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BEIJING, April 11, 2022 /PRNewswire/ -- Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee, paid a visit to Sanya City of south China's Hainan Province on Sunday.
During the trip, Xi visited a seed laboratory to learn about seed industry innovation, and a research institute of the Ocean University of China to learn about the development of marine science and technology.
Link: https://youtu.be/ZGt18BH3TgU
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| 2022-04-11T09:13:45Z
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BEIJING, April 11, 2022 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, announced that Mr. Liming Zhang has tendered his resignation as the Company's Chief Operating Officer due to personal reasons. His last day with the Company will be May 15, 2022.
The Company greatly appreciates Mr. Zhang's significant contributions to the management of the Company's operations as well as his role as the co-founder of the Company, and sincerely wishes his continued success in his future endeavors.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about 51Talk's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in 51Talk's filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About China Online Education Group
China Online Education Group (NYSE: COE) is a leading online education platform in China, with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students to take live interactive English lessons on demand. The Company connects its students with a large pool of highly qualified teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
For more information, please visit http://ir.51talk.com.
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| 2022-04-11T09:13:51Z
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ROCHESTER, N.Y., April 11, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) today announced it will supply its fuel cell electric trucks to Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung, one of Germany's largest motor insurers. Hylane has purchased 18 Hyzon vehicles, with deliveries expected to begin in late 2022.
Under Hylane's sustainable mobility model, fleet owners can deploy Hyzon vehicles in their operations through a rental agreement with Hylane. Further, it is expected that customers will only pay for the miles actually driven; Hylane plans to cover maintenance or downtime costs. Through this pay-per-use approach, Hylane expects to minimize the risk for customers while accelerating the rate at which zero-emission vehicles replace diesel.
Hylane has already confirmed rental contracts for the first vehicles and is in talks with numerous prominent transport companies interested in transitioning their fleets to zero-emission options. Germany is expected to be one of the major global markets for zero emission commercial vehicle technologies in the coming years. The engine room of EU economic activity, Germany recently announced support for a total ban on sales of combustion engine cars from 2035, and there are already significant domestic incentives in place to transition heavy vehicles off diesel.
To support its exclusive focus on climate-friendly transport solutions, Hylane is aligning key elements within the value chain, including energy producers, refuelling infrastructure providers, and government subsidy programs. Through the coordinated management of these resources, Hylane aims to provide sustainable and flexible mobility management to its customers.
"Hyzon's singular mission is to decarbonize transport through zero-emission, hydrogen-powered vehicles," said Craig Knight, Hyzon CEO and co-founder. "Through Hylane's sustainable mobility program, customers across Germany can experience first-hand the vehicle performance, driver satisfaction, and emissions reductions of Hyzon's fuel cell electric trucks."
"Hyzon recognizes that, as with any new technology, customers need the chance to utilize our fuel cell electric vehicle in their regular operations. From past experience, we are confident that once fleet owners have experienced our vehicles, they will be motivated to hasten their transition to zero-emissions. Having a strong partner in the German market has the opportunity to fuel significant long-term growth for Hyzon."
About Hyzon Motors Inc.
Headquartered in Rochester, N.Y., with U.S. operations in the Chicago and Detroit areas, and international operations in the Netherlands, Singapore, Australia, Germany, and China, Hyzon is a leader in fuel cell electric mobility with an exclusive focus on the commercial vehicle market, and a near-term focus on back to base (captive fleet) operations. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to supply zero-emission heavy duty trucks and buses to customers in North America, Europe and around the world to mitigate emissions from diesel transportation, one of the single largest sources of carbon emissions globally. Hyzon is contributing to the escalating adoption of fuel cell electric vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements which include, but are not limited to, expected demand for and sales of Hyzon vechicles, are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyzon disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Hyzon cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyzon, including risks and uncertainties described in the "Risk Factors" section of Hyzon's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC") on March 30, 2022, our Amended Registration Statement on Form S-1 filed with the SEC on April 6, 2021, and other documents filed by Hyzon from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Hyzon gives no assurance that Hyzon will achieve its expectations.
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| 2022-04-11T09:13:58Z
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Specialty broker expands NFP capabilities and expertise
NEW YORK, April 11, 2022 /PRNewswire/ -- NFP, a leading insurance broker and consultant providing property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced it has acquired Irish-owned ReSure Corporate Brokers, a specialist commercial insurance broker. This latest announcement marks NFP's third acquisition in Ireland within the past two years, having acquired local brokers HMP Insurance and Pension Advisors and Aiken Insurance Limited.
Established just over two years ago, Dublin-based ReSure currently employs 14 people and is among the fastest growing corporate insurance brokers in the Irish market, generating gross written premiums valued at more than €24m/$26.2m USD in 2021. To date, the business has focused on building and enhancing its specialist capabilities by supporting complex risk placements of restructuring, recycling, real estate, construction, domiciliary homecare and financial lines among others.
John Paul Allcock, UK and Ireland managing director at NFP, commented: "NFP always looks for quality over quantity and the market feedback about ReSure's business, culture and management team was exemplary. We have acquired a great business with great clients, and a group of extremely talented brokers and client managers. Most importantly, we are confident they will fit into the culture of NFP, which encourages independence, entrepreneurial spirit, ethics and a focus on doing the right thing for employees and clients."
ReSure's directors, Aidan Brady, Ross Barron and Garry Fitzroy, have built on their deep experience over two decades working in the global and local insurance broking environment. The Directors and full team at ReSure will continue in their roles and remain fully engaged in the growth of the business, working with NFP to bring added value to new and existing clients.
"Our ambition at ReSure is to continue our incredible growth journey to scale the business and support our clients as they expand into new markets and sectors. In joining the NFP family, we also see great value in integrating our insurance solutions and services with NFP's corporate benefits and wealth management clients.
I cannot let this moment pass without acknowledging the overwhelming support we have enjoyed from our loyal clients and our excitement in continuing our strong partnership for years to come," said Aidan Brady, managing director at ReSure.
He added: "In NFP, we have found a likeminded partner with shared values that will help us accelerate and achieve this plan and help to create further opportunities for our talented team to continue to thrive and prosper."
Commenting on what this latest acquisition means for NFP, Matt Pawley, NFP's managing director in Europe said: "We are delighted to welcome the ReSure team to the NFP family. They are a great fit in terms of people, expertise and attention to customer service and relationships. We are very confident they will make significant contributions that elevate our business further in Ireland and across Europe as we continue to expand and seek new opportunities for growth, both organically and through further additional acquisitions."
About NFP
NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 6,600 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 7th largest US-based privately owned broker, 9th best place to work in insurance and 13th largest broker of U.S. business (Business Insurance); 10th largest commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best's Review).
Visit NFP.com to discover how NFP empowers clients to meet their goals.
About ReSure
ReSure Corporate Brokers are proud to be among the fastest growing Commercial Insurance brokers operating in the Irish & UK market. Our goal is to forge partnerships with our clients and build a relationship where trust is at the core, whilst providing the necessary peace of mind through access to reliable insurance markets. We pride ourselves on our exceptional customer service and professional approach; and we believe strongly that with the experience our team has acquired in the global insurance broking environment, combined with our local business knowledge, we have a unique blend of qualities to offer clients.
ReSure placed over €24m Gross Written Premium (GWP) into the Irish and UK markets in 2021. We are projecting €30m GWP in 2022, and our success has been achieved to date by working hand in hand with our clients to attain the best possible results in the insurance market.
We are a growth-orientated business and have exceeded targets to date by focusing on particular niches in Restructuring, Recycling, Real Estate, Construction, Domiciliary Homecare and Financial Lines among others. We specifically target markets where we can add value and make a real difference to our loyal clients, forming an integral partnership with their business.
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| 2022-04-11T09:14:04Z
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NEWINGTON, Conn., April 11, 2022 /PRNewswire/ -- PCX Aerosystems, LLC ("PCX"), a market-leading producer of advanced mechanical systems for the aerospace industry, today announced the April 1, 2022 acquisition of Honematic Machine Corporation ("HMC" or "Honematic") from the Cusimano family, whose stewardship of HMC began in 1992. HMC is a leading supplier of extendable refueling probes for the rotorcraft market. In addition to supplying fully tested complex assemblies, HMC excels in precision, large-format drilling, boring, milling and finishing for mission-critical defense, aerospace, and industrial applications.
"The HMC acquisition adds value both by enabling the vertical integration of certain existing production processes on flight-critical masts and shafts, and by creating the opportunity to deliver complete, fully-integrated mechanical assemblies. We are particularly excited about the potential for collaboration between HMC and the recently-acquired Aero-K business. Aero-K supplies aerial refueling boom sub-assemblies and complex mission-critical components and assemblies for fixed wing aviation and submarine applications," said Tom Holzthum, CEO of PCX. The acquisition of Aero-K, an El Monte, a California-based specialty manufacturer, was completed in January, 2022.
Greg Cusimano, President of Honematic, said "Joining the PCX family represents a great opportunity for both our customers and our team. With the resources and relationships that PCX brings to the table, we will be better able to meet growing customer demands and identify new applications for our know-how. For our employees, this will create both stability and opportunity."
About PCX
Headquartered in Connecticut, PCX Aerosystems is a leading privately-owned supplier of highly engineered, precision, flight-critical assemblies for rotorcraft and fixed wing aerospace platforms. PCX focuses on producing complex parts machined from alloys such as aluminum, magnesium, titanium, and steel - where tight tolerances and quality are imperative. The company provides direct delivery of components and large assemblies to customers such as Boeing, General Electric Aircraft Engines, Bell and Sikorsky. PCX Aerosystems is owned by Greenbriar Equity Group, L.P.
To learn more about PCX please visit www.pcxaero.com.
About Honematic
HMC is a Boylston, Massachusetts-based manufacturer of precision deep-bored, turned and honed components, with specialized assembly and testing capabilities. Since 1956, HMC has reliably delivered medium- and large-format customer solutions across Aerospace, Defense, Power Generation and other Industrial markets.
For more information:
Trevor Hartman
Vice President – Sales & Marketing
(860) 594-4388
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| 2022-04-11T09:14:11Z
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The partnership will accelerate Cloud Transformation and Better Serve Its Citizens
SUNNYVALE, Calif, and JERUSALEM, April 11, 2022 /PRNewswire/ -- Today, Google Cloud and Israeli judiciary, The Rabbinical Court announced a collaboration to accelerate its Cloud transformation journey. This new collaboration will see the Rabbinical Court leverage Google Cloud's infrastructure, storage and applications to better serve its Israeli citizens.
Following Google Cloud's win in the Nimbus tender for delivering cloud services to the Israeli government, the Rabbinical Courts migrated most of its workloads to Google Cloud with minimum disruption to the business and with a cost-effective deployment. Google Cloud also needed to design a virtual desktop infrastructure (VDI) solution to enable dozens of employees to work in a virtual environment, from home, safely and securely, due to the Covid-19 pandemic. Google Cloud has created a partner interconnect with a high level of security that allows the customer to work directly with the VDI stations.
The Rabbinical Courts, the legal Jewish authority in Israel, deals with issues relating to divorce, property, child custody rights, wills, inheritances, confirmation of Jewish status, and conversion. There are 12 regional rabbinical courts throughout the country, with the Jerusalem High Court serving as an appellate court. President of the Rabbinical Court, heads the Great Court and serves as Chief Rabbi of Israel. The organisation is led by a CEO appointed by the Minister of Religious Affairs.
The two organisations will collaborate to:
- Further enhance citizens' experience: Leveraging many of Google Cloud's products and services—including infrastructure, applications and more—the Courts will drive operational efficiency and create more compelling experiences for its citizens. This Includes helping citizens access the documents they need to seamlessly navigate court proceedings such a divorce.
- Accelerate cloud transformation: The Courts are using Google Cloud-based infrastructure-as-a-service (IaaS) products—like storage, networking, and compute—to more rapidly digitise its operations into the cloud.
- Strengthen the security of citizen data: The Courts are piloting Cloud Identity to help protect organisational data with a wide variety of multi-factor authentication (MFA) verification methods, such as push notifications, Google Authenticator, and phishing-resistant Titan Security Keys—all while ensuring privacy of citizens' data.
- Maintain and manage databases: The Courts are making use of Google Cloud Structured Query Language that helps the organisation set up, maintain, manage, and administer relational databases on the Google Cloud Platform.
- WideOps partnership: WideOps has been chosen by Google Cloud to perform the RBC migration. Using Google Cloud native tools, the WideOps expert migration team has managed to migrate the entirety of RBC infrastructure to Google Cloud, while adhering to high architectural and security standards—resulting in a robust, highly available, and secure environment. Due to the seamless deployment process, RBC staff can continue their work with minimal-to-no impact on the end-user experience.
"We are delighted to work with Google Cloud on the next stage of our digital transformation journey," said Chief Information Officer Mr. Uri Aharonson. "We are looking forward to this collaboration to develop applications that will make our services faster and more accessible for our Israeli citizens."
"We are thrilled to start providing services to the Rabbinical Court and improve the lives of Israelis throughout the country,'' said Shay Mor, head of Government and Public Sector, Google Cloud, Israel.
Google Cloud accelerates every organisation's ability to digitally transform its business. We deliver enterprise-grade solutions that leverage Google's cutting-edge technology – all on the cleanest cloud in the industry. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.
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| 2022-04-11T09:14:18Z
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NWEA Releases Research Analysis Illuminating Impact of Learning Interruptions on Historically Underserved Students; Underscores Benefits of High-Quality Summer Learning Opportunities
PORTLAND, Ore., April 11, 2022 /PRNewswire/ -- As we approach the end of the third straight year of learning disrupted by the COVID-19 pandemic, U.S. classrooms continue to address the immediate needs of students while prioritizing academic progress for all. For many students—particularly those that are historically underserved—the summer break from learning perpetuates inequitable achievement gaps.
This insight was among those released today by NWEA in an overview of current research studies that examined K-8 student progress during a typical school year (non pandemic) and over the summer. The research reveals important information about the degree to which being in school reduces achievement gaps and points to the importance of high-quality summer programming in supporting student success.
"Our research analysis revealed reasons for both optimism and concern. While the findings disrupt some long-held deficit-based thinking about some of these student groups, they also demonstrate the disproportionate impact that learning interruptions have on their achievement in the long-term, making high quality summer learning opportunities and other interventions critical," said Lindsay Dworkin, VP of Policy and Advocacy at NWEA. "Taken collectively, these studies can help education leaders and policymakers identify interventions needed for these student groups to help address the inequitable learning patterns in U.S. public schools."
The research used MAP Growth assessment data and revealed that while students with disabilities, English learners, and rural students make gains at rates equal to or faster than their grade-level peers during the school year, these students also experience greater learning loss in the summer, leading to persistent achievement gaps.
"We have long known the impact of the summer slide on student learning; however, this data gives us a deeper look into just how critical high-quality summer opportunities are for many of our underserved students," said Deborah Delisle, CEO of All4Ed, formerly the Alliance for Excellent Education. "This information demonstrates that our system is effective at educating our students during the school year, and it is a call to action for states and districts on how to target summer programming so that all students can excel in school and beyond. Our children deserve nothing less."
Highlights from the research include:
- Rural Students — In a study of K-8 students nationwide, rural students came into kindergarten with higher achievement levels in math and reading than their non-rural peers; but by the end of third grade non-rural students consistently outperformed those from rural communities across the grades. Rural students grow at slightly faster rates in math and reading than other students when school is in session, but lose more ground almost every summer.
- Students with Disabilities — In a study of K-4 students nationwide, students with disabilities enter kindergarten behind their peers in reading and math, but go on to make gains at similar or higher rates than their peers during some school years. However, students with disabilities lose more ground every summer, which contributes to widening disparities in achievement.
- English Learners (ELs) — A third research study looked at achievement and growth for K - 4 for ELs. It showed that ELs had lower test scores than their non-EL peers through their elementary years, but they also made academic growth similar to or at greater levels as their non-EL peers. However, the student group that was consistently identified as needing EL services tended to lose more ground over the summer than their non-EL peers or their multilingual peers who were ELs at some point but not consistently through K-4.
"This new study underscores both the urgency and need to invest in interventions that support the academic recovery of English learners. Even before the pandemic, multi-lingual learners lost more ground than their peers during the summer when they were out of school," said Eric Rodriguez, SVP of Policy and Advocacy at UnidosUS. "After the last two years of interrupted learning for all students, it is more crucial than ever to target significant resources to support retaining and accelerating academic progress and learning for English learners during the summer. Summer support should include bilingual programming that combines academic and enrichment activities staffed with specialists to provide specific language development support and appropriate materials for English learners."
Previous NWEA assessment data show that all students started this school year behind where they would be in a typical year and that historically marginalized groups were most severely impacted. Hispanic, American Indian and Alaska Native (AIAN), and Black students had much bigger declines in achievement than Asian American and White students.
NWEA researchers will also continue to conduct research into learning patterns that occur during the school year and over the summer and hope that new data will show a narrowing of gaps and more equitable learning conditions for all students. Additionally, NWEA researchers are partnering with CALDER at American Institutes of Research (AIR) and the Center of Education Policy and Research at Harvard to support a group of districts in determining how interventions are supporting COVID recovery.
"With the school year soon coming to an end, we can all look to summer as the perfect time to provide additional quality learning opportunities for students impacted by the pandemic. To ensure these opportunities are engaging and successful, states need actionable research on effective strategies that leverage afterschool, summer learning, and community partners," said Paolo DeMaria, NASBE President and CEO. "This summer learning research brief can inform state boards about what works to support students in high-quality summer programs that sustain positive gains made during the school year. High quality summer programs coupled with relevant ongoing evaluation will help unlock the tools we need to reduce summer learning loss and continue to accelerate student learning so each and every student thrives."
NWEA's Let's Talk about Summer Twitter Chat
NWEA's Policy and Advocacy Team will host a Twitter chat on April 12th at 2pm EDT to discuss barriers these student groups face, how high-quality summer programs could close these gaps, as well as how districts can use federal recovery funds to support students who have been disproportionately impacted by the pandemic. Join @NWEApolicy on Twitter using the hashtag #SummerLearningChat.
About NWEA
NWEA® (formerly known as Northwest Evaluation Association) is a mission-driven, not-for-profit organization that supports students and educators in more than 146 countries through research, assessment solutions, policy and advocacy services, professional learning and school improvement services that fight for equity, drive classroom impact and push for systemic change in our educational communities. Visit NWEA.org to learn more about how we're partnering with educators to help all kids learn.
Media Contact:
Contact: Simona Beattie,
Sr. Manager, Public Relations,
simona.beattie@nwea.org or 971.361.9526
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| 2022-04-11T09:14:24Z
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TAIZHOU, China, April 11, 2022 /PRNewswire/ -- The board of directors of Jiangsu Recbio Technology Co., Ltd. (the "Company", together with its subsidiaries, the "Group",Stock code:2179.HK) is pleased to announce that, on April 9, 2022, the Company has received the European Union (EU) Qualified Person Declaration issued by a Qualified Person ("QP") for the Group's manufacturing facility for its recombinant protein COVID-19 vaccine, ReCOV ("ReCOV") in Taizhou, the People's Republic of China (the "PRC").
Pursuant to Eudralex Vol 4 regulations (EU Good Manufacturing Practice) and the guiding principles of International Council for Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use (ICH), Parenteral Drug Association (PDA) and International Society for Pharmaceutical Engineering (ISPE), etc., this EU QP audit mainly focused on the bulk and preparation of antigen and the novel adjuvant BFA03, covering manufacturing management system, quality management system, production equipment and facility management system, validation and computerized systems, material management systems, product testing and release management and other aspects of a comprehensive systematic and in-depth inspection. This signifies the Group's manufacturing facility in Taizhou and its quality management system have met EU GMP standards, laying a solid foundation for the high-quality development and future international commercialisation of ReCOV.
ReCOV is a recombinant COVID-19 vaccine being developed by the Group with its technology platforms including the novel adjuvant and protein engineering platforms. Based on the relevant studies conducted by the Group, ReCOV has shown favourable neutralizing effect and immune persistence against variants including Omicron variant and Delta variant. Clinical data from the Group's phase I trial for ReCOV in New Zealand also showed that it has an overall favorable safety profile and may potentially induce similar or higher level of neutralizing antibodies than other marketed mRNA COVID-19 vaccines and vaccine candidates.
About Recbio
Recbio is an innovative vaccine company founded in 2012. With the vision of "Become the Leader of Innovative Vaccine in the Future," Recbio takes "Protect Human Health with Best-in-Class Vaccines" as its mission. It has established three major cutting-edge technology platforms including novel adjuvants platform, protein engineering platform, and immunological evaluation platform. Recbio has a high-value vaccine portfolio consisted of HPV vaccine candidates, COVID-19 vaccine candidates, shingles vaccine candidates, influenza vaccine candidates, adults TB vaccine candidates etc. The core management team has more than 20 years of experience in the development and commercialization of innovative vaccines. For more information, please visit https://www.recbio.cn/.
About Recombinant Two-Component COVID-19 Vaccine (ReCOV)
In May 2020, Recbio, together with Jiangsu Provincial Center for Disease Control and Prevention ("Jiangsu CDC") and Taizhou Medical New & High-tech Industrial Development Zone, jointly developed a recombinant two-component COVID-19 vaccine(ReCOV). Under the guidance of Professor Fengcai Zhu from the Jiangsu CDC, the R&D team thoroughly optimized the vaccine using protein engineering and new adjuvant technologies, so that ReCOV has promising safety and strong immunogenicity against SARS-CoV-2 and variants of concern such as Omicorn and Delta. A series of comprehensive advantages such as better cross-protection against emerging variants, easy scale-up of production, cost advantages, worldwide accessibility, good preparation stability, and storage and transportation at room temperature which become a very competitive second-generation new COVID-19 vaccine.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Recbio, are intended to identify certain of such forward-looking statements. Recbio does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Recbio with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Recbio's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Recbio's competitive environment and political, economic, legal and social conditions.
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https://www.whsv.com/prnewswire/2022/04/11/successful-passing-eu-qualified-person-audit-groups-manufacturing-facility-recov-taizhou/
| 2022-04-11T09:14:32Z
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HONOLULU (KITV)- Mechanics tell KITV4, business is good right now. Prices on car parts however are not doing so well. The owner of A's Automative, Anwar Allwer says prices have more than doubled for vital parts needed for your vehicle to operate.
He believes the rising prices for metals such as nickel that's used in batteries, have a large part to play in the inflation. "A battery that used to cost $80, you can't get that battery for $150 now. Some cars, the cost increase depends on the cast of the engine. It depends on what kind of material is mixed together to create the part. There's aluminum, iron, and steel cast into some parts. So it comes depends to the manufacturer and how much nickel they use inside of their material for the price. A lot of people's exhaust is being ripped out because now those parts cost almost double the price. Whoever is stealing the part, is selling it for double the price they used to sell it for," said Allwer.
Allwer says he's not just concerned about how the rising costs are affecting him and his customers. He's also concerned about an increase in the number of specialized crimes that are going on involving precious metals that are in cars. "Precious metal is inside a catalytic converter and even the oxygen sensor. You can sell the oxygen sensor for $50 now. It doesn't matter if it works or not. They can reuse the metal inside of it. It's a lot of precious metal," said Allwer.
Nickle is bad for the environment, but has some advantages when it comes to car parts. "It makes the part look nicer, and the part performs better," said Allwer. With rising prices you have to wonder if it is worth it to use nickle parts. As for other repairs, Allwer says drivers will find its worth it getting those done. "Take care of the car and the car is going to take care of you," said Allwer.
Scarity of key parts and computer chips for cars is also being attributed to metal price increases and shipping issues.
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https://www.kitv.com/news/business/some-mechanics-say-rising-metal-costs-affecting-car-part-prices/article_19e52224-b96d-11ec-b4c1-ebf287e90a56.html
| 2022-04-11T09:30:35Z
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IAMPE Congratulates Port Management Program Graduates
NEW ORLEANS — From the World Trade Center New Orleans:
The International Association of Maritime and Port Executives is pleased to congratulate its latest graduates of the Maritime Port Executive Management Program. The program was organized by the World Trade Center New Orleans (WTCNO) and the Ports Association of Louisiana (PAL), and hosted at the law offices of Kean Miller, a member of the World Trade Center New Orleans. Each participant was awarded the Maritime Port Executive (MPE) professional certification. In addition, graduates were awarded graduate level credits by the IAMPE’s U.S. Academic partners which includes Maine and Massachusetts’ Maritime Academies, State University of New York Maritime College, and Texas Southern University. The program was conducted by CAPT. Jeffrey Monroe, MM, AMPE.
Professional Maritime Port Executive (MPE) certifications were awarded to RADM. Joel Whitehead (USCG-Ret)-MPE, Executive Vice President of the International Propeller Club; CAPT. Kelly Denning, USCG-MPE, incoming Sector Commander of US Coast Guard, New Orleans; Commissioner Renee Lapeyrolerie-MPE, Office of Multimodal Commerce, Louisiana Department of Transportation and Development; Mary Bourgoyne, P.E.-MPE, Director of Ports, Louisiana Department of Transportation and Development; George Richardson-MPE, Port Director, Port of Columbia, LA; Scott Cunningham-MPE, Senior Vice President, Hancock Whitney; Blake Hebert-MPE, General Cargo-General Manager, Associated Terminals; Thomas Cagle, CSP-MPE, Director of HSSE and Training, Associated Terminals and Turn Services; Angela Verdin-MPE, President, Complete Logistics Services; Ayo Love-MPE, Director, Major Projects, Building and Construction, INTERTEK PSI; and Marissa Lingoni-MPE, Client Services and Business Development, PEC Corporation.
Brandy Christian, President and CEO of the Port of New Orleans, was awarded the Accredited Maritime Port Executive Certification (AMPE) under the Standards and Certification of the IAMPE, having previously completed a program offered by CAPT. Monroe.
The New Orleans World Trade Center, Ports Association of Louisiana, and Kean Miller received formal designations as Education Partners of the IAMPE, joining 26 other Port Education Partners and 6 Industry Association Partners including the American Association of Port Authorities, Inland Rivers Ports and Terminals Association, Houston Port Bureau, Alaska Association of Harbormasters and Port Administrators, Maritime Exchange of the Delaware Bay and River, South Carolina Maritime Association and the North Atlantic Ports Association.
The IAMPE is a not-for-profit industry association that provides professional development for coastal and inland port and terminal managers and executives. Programs are reviewed and approved for certification by the Association’s Board of Advisors, comprised of over 20 industry professionals. Academic partners include the Graduate Schools at Maine Maritime Academy, Massachusetts Maritime Academy and Texas Southern University as well as the Continuing Education Program of the State University of New York Maritime College and the Australian Maritime College. The Association offers professional and accredited programs in Coastal and Inland Port Management and Executive Management, as well as certification programs for Marine Terminal Operator and IMDG/Hazardous Awareness. The Association has over 2,500 alumni worldwide.
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https://www.bizneworleans.com/iampe-congratulates-port-management-program-graduates/
| 2022-04-11T09:40:19Z
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La. Bill That Would Exclude Solar, Wind from Tax Exemption Put on Hold
BATON ROUGE (The Center Square) — Legislation to exclude wind and solar farms from a Louisiana tax exemption program drew pushback from lawmakers on the House Ways and Means Committee this week, forcing the bill’s author to voluntarily defer the measure for now.
Rep. Danny McCormick, R-Oil City, told committee members on Tuesday he sponsored House Concurrent Resolution 6 to exclude wind and solar power facilities from the Industrial Tax Exemption Program (ITEP) to ensure an “equal playing field” with oil and gas producers.
The program was created to offer property tax exemptions to manufacturing facilities in exchange for creating jobs. McCormick noted that companies extracting oil and natural gas do not qualify for ITEP, and argued that the same should apply to solar and wind farms.
“The oil and gas industry does not receive ITEP exemptions at the well sites, they do not qualify. Now downstream they do, and what this does is do away with ITEP exemptions for wind and solar on the farms, not the downstream side,” said McCormick, who owns M&M Oil Co.
“HCR 6 does not call for favor toward the fossil fuel industry, but rather the removal of a special favors that have been allotted to solar and wind production without regard to the ripple effects this will have on tax revenue, jobs, and our economy as a whole,” he said.
Lawmakers on the committee suggested the dynamic in the oil and gas industry, with the raw product piped to downstream locations for refining and energy production, is not an “apples to apples” comparison to wind and solar power, which is generated on site. They also noted that oil and gas are finite resources, as opposed to virtually unlimited wind and solar.
“You say you want to create an even playing field, but it seems like its two different industries,” said Speaker Pro Tempore Tanner Magee, R-Houma. “You have companies out there drilling wells, that is a raw product that’s having to be shipped in.”
“But wind and solar is a little different … there’s not a manufacturing process like oil and gas is,” he said.
Rep. Joseph Orgeron, R-Larose, who has sponsored legislation to expand wind energy leases, elaborated on the same issue.
“At a particular well site you don’t get an ITEP exclusion because you’re actually going in and retrieving and producing and severing the product. Ultimately that product goes through pipelines to a facility, refined into a product or natural gas to eventually get to a … gas-fired electrical generation station,” he said. “They do get ITEP in the area they produce it, they also get ITEPs perhaps where they refine it to a finer product.
“With solar and wind farms, they’re going straight from basically collecting the ‘raw materials’ — sunlight or wind — and basically producing electricity, a final product, on the spot,” Orgeron said. “So I think if the electrical production facilities get ITEP, then these electric production facilities should also get an ITEP, that’s the way I look at it.”
McCormick noted that ITEP exemptions for wind and solar would mean “schools won’t get property taxes off those facilities,” but Rep. Buddy Mincey, R-Denham Springs, countered that local officials have the ability to make that determination under an executive order signed by Gov. John Bel Edwards in 2016.
Magee and Rep. Matthew Willard, D-New Orleans, also pointed to a bill McCormick introduced to the committee on Tuesday just prior to HCR 6 that would cost the state an estimated $527 million to phase out the severance tax on oil by 2030.
“You can’t really talk about lack of funding for education … when you’re carrying a bill that’s going to take hundreds of millions of dollars away from the state,” Willard said.
“You don’t want ITEP on wind and solar because it doesn’t bring any money into the state because there’s no severance tax,” Magee said. “Meanwhile, you’re filing a bill on the same day that removes the severance tax on oil and gas. Those two statements in my mind are conflicting.”
Magee offered a motion to involuntarily defer HCR 6, which would require a vote to revive the measure.
McCormick ultimately decided to voluntarily defer the resolution instead.
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https://www.bizneworleans.com/la-bill-that-would-exclude-solar-wind-from-tax-exemption-put-on-hold/
| 2022-04-11T09:40:25Z
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Caught on camera: Man rescues driver after car plunges into Houston port
HOUSTON (KTRK) - A Texas man saved a driver from drowning after the man’s car plunged off a boat ramp in Houston.
The U.S. Coast Guard honored Cody Moore with one of its highest civilian honors for his lifesaving efforts on New Year’s Eve 2021 at the Lynchburg Ferry boat ramp in the Port of Houston. Surveillance video of the rescue was recently released.
Cody Moore and his family had just arrived at the nearby Monument Inn for dinner when the car came whizzing by and launched into the water. The father of five rushed to the car. He initially tried to talk to the driver, but a few moments later, he jumped in.
“When he said, ‘Call 911′ and I was running to the car to get something, I knew he was going in the water. I knew that he wouldn’t just stand by,” said Cody’s wife, Karen Moore.
Somehow, Cody Moore was able to convince the driver, in his 60s, to try and open the window.
As the car quickly sank, the man got out through the window. Cody Moore scooped him up and swam him to the shore.
Neighbors having dinner with the family captured the dramatic scene. They also used their shirts as a rope to get the two men onto the ramp.
Miraculously, nobody was seriously hurt.
“Whenever it happened, it seemed so surreal. I didn’t understand the gravity of it because he got out, he was soaking wet and we went and had dinner,” Karen Moore said.
While New Year’s Eve came and went, Cody Moore’s heroic efforts weren’t forgotten. The U.S. Coast Guard honored him Friday with a certificate of merit as his whole family watched with pride.
“It is really dangerous, and because he did it for someone else, I was really proud of him,” said Cody’s daughter, Ellen Moore.
Copyright 2022 KTRK via CNN Newsource. All rights reserved.
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https://www.whsv.com/2022/04/11/caught-camera-man-rescues-driver-after-car-plunges-into-houston-port/
| 2022-04-11T10:47:19Z
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Ukraine digs in to fight Russia’s looming eastern offensive
KYIV, Ukraine (AP) - A showdown looms in Ukraine after Russia appointed a new military commander and looked to concentrate its attacks in the east, while Ukraine’s president said his troops will hold their ground, urging Western leaders, in particular President Joe Biden, to do more.
Ukrainian President Volodymyr Zelenskyy warned Sunday in a nightly address that this week will be as crucial as any during the war, saying “Russian troops will move to even larger operations in the east of our state.”
Ukraine’s fate as the war shifts south and east depends on whether the United States will help match a surge in Russian weaponry, he said, echoing comments he made in an interview with The Associated Press on Saturday.
“To be honest, whether we will be able to (survive) depends on this,” Zelenskyy said in a “60 Minutes” interview. “Unfortunately, I don’t have the confidence that we will be receiving everything we need.”
Zelenskyy said he was grateful to Biden for U.S. military aid to date but added that he “long ago” forwarded a list of specific items Ukraine desperately needed.
“He has the list,” Zelenskyy said. “President Biden can enter history as the person who stood shoulder to shoulder with the Ukrainian people who won and chose the right to have their own country. (This) also depends on him.”
WARNING: Videos may contain graphic content.
Austrian Chancellor Karl Nehammer was due to meet Monday in Moscow with Putin, after meeting with Zelenskyy in Kyiv. Austria, a member of the European Union, is militarily neutral and not a member of NATO.
Also Monday, New Zealand’s Prime Minister Jacinda Ardern said it was sending a military transport plane and a support team of 50 to Europe to carry much-needed equipment and supplies to key distribution centers.
More than six weeks of war in Ukraine has flattened cities, killed untold thousands and isolated Moscow economically and politically, and experts say the next phase of the battle may begin with a full-scale offensive that could determine the course of the conflict.
Questions remain about the ability of depleted and demoralized Russian forces to conquer much ground after their advance on the capital, Kyiv, was repelled by determined Ukrainian defenders. Britain’s Defense Ministry says Russia is trying to compensate for mounting casualties by recalling veterans discharged in the past decade.
In his Sunday night address, Zelenskyy also accused Russia of trying to evade responsibility for war crimes in Ukraine.
“When people lack the courage to admit their mistakes, apologize, adapt to reality and learn, they turn into monsters. And when the world ignores it, the monsters decide that it is the world that has to adapt to them,” Zelenskyy said.
“The day will come when they will have to admit everything. Accept the truth,” he added.
Ukrainian authorities accuse Russian forces of committing war crimes against civilians, including airstrikes on hospitals, a missile attack that killed at least 57 people at a train station and other violence.
In another report of atrocities, the village of Buzova outside the capital, Kyiv, charred vehicles and buildings marked an area where local official Taras Didych told Ukrainian media Sunday that bodies showing “evidence of execution” were found after Russian forces withdrew from the region. It was unclear how many bodies were discovered.
Buzova is near Bucha, another of the towns near Kyiv, where hundreds of bodies, many with their hands bound and signs of torture, were found after the Russian retreat. Russia has falsely claimed the scenes in Bucha were staged.
In Washington, a senior U.S. official said Russia has appointed Gen. Alexander Dvornikov, one of its most seasoned military chiefs, to oversee the invasion. The official was not authorized to be identified and spoke on condition of anonymity.
Until now, Russia has had no central war commander on the ground.
Dvornikov, 60, takes over as Russian military prepares to focus on expanding control in Ukraine’s east, where Russia-backed separatists have fought Ukrainian forces in the Donbas region since 2014, declaring some areas independent.
He gained a record for brutality as head of Russian forces deployed to Syria in 2015 to back President Bashar Assad’s government during the country’s devastating civil war.
Russian authorities do not generally confirm such appointments and have said nothing about a new role for Dvornikov, who received the esteemed Hero of Russia medal from President Vladimir Putin in 2016.
U.S. national security adviser Jake Sullivan, speaking Sunday on CNN’s “State of the Union,” played down the appointment’s significance.
“What we have learned in the first several weeks of this war is that Ukraine will never be subjected to Russia,” Sullivan said. “It doesn’t matter which general President Putin tries to appoint.”
Western military analysts say Russia’s assault increasingly is focusing on a sickle-shaped arc of eastern Ukraine — from Kharkiv, Ukraine’s second-largest city, in the north to Kherson in the south.
That could counter Russia’s earlier problem of spreading its offensive too widely over too broad a geographic area.
Newly released Maxar Technologies satellite imagery showed an 8-mile (13-kilometer) convoy of military vehicles headed south through Ukraine to Donbas, recalling images of the convoy that stalled outside Kyiv before Russia gave up trying to take the capital.
On Sunday, Russian forces shelled government-controlled Kharkiv and sent reinforcements toward Izyum to the southeast to try to break Ukraine’s defenses, the Ukrainian military command said. The Russians also kept up their siege of Mariupol, a key southern port that has been under attack and surrounded for nearly 1 ½ months.
A Russian Defense Ministry spokesman, Maj. Gen. Igor Konashenkov, said Russia’s military used air-launched missiles to hit Ukraine’s S-300 air-defense missile systems in the southern Mykolaiv region and at an air base in Chuhuiv, a city not far from Kharkiv.
Sea-launched Russian cruise missiles destroyed the headquarters of a Ukrainian military unit stationed farther west in the Dnipro region, Konashenkov said. Neither the Ukrainian nor the Russian military claims could be independently verified.
Missiles twice struck the airport in Dnipro, Ukraine’s fourth-largest city, on Sunday, the regional governor said.
In Mariupol, Russia deployed Chechen fighters, reputed to be particularly fierce. Capturing the city on the Sea of Azov would give Russia a land bridge to the Crimean Peninsula, which Russia seized from Ukraine eight years ago.
The city’s residents have lacked food, water and electricity since Russian forces surrounded the city and frustrated evacuation missions. Ukrainian authorities think an airstrike on a theater that was being used as a bomb shelter killed hundreds of civilians, and Zelenskyy has said he expects more evidence of atrocities to be found once Mariupol no longer is blockaded.
On Sunday night, Zelenskyy again appealed for more assistance. Speaking with German Chancellor Olaf Scholz, he said he discussed “how to strengthen sanctions against Russia and . . . force Russia to seek peace.”
“I am glad to note that the German position has recently changed in favor of Ukraine. I consider it absolutely logical,” Zelenskyy said.
The Institute for the Study of War, an American think tank, predicted that Russian forces will “renew offensive operations in the coming days” from Izyum, a town southeast of Kharkiv, in the campaign to conquer the Donbas, which comprises Ukraine’s industrial heartland.
But in the view of the think tank’s analysts, “The outcome of forthcoming Russian operations in eastern Ukraine remains very much in question.”
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This story has been updated to correct that the war began just over six weeks ago, not 10 weeks.
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Anna reported from Bucha, Ukraine. Yesica Fisch in Borodyanko, Ukraine, Robert Burns and Calvin Woodward in Washington, and Associated Press journalists around the world contributed to this report.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/11/ukraine-digs-fight-russias-looming-eastern-offensive/
| 2022-04-11T10:47:26Z
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Yoga 4 Cancer class heals community
STAUNTON, Va. (WHSV) -
Breathing in...and out.
The “Yoga 4 Cancer” class at the Staunton Augusta YMCA is helping those across the valley during what can be a difficult time.
“It’s a specialized methodology. It’s meant to address the physical and mental and emotional needs of cancer patients and survivors,” said Melissa Anderson Morgan, the yoga instructor.
The 55-minute class combines traditional yoga movements with restorative poses and is designed for all levels.
“I’ve had some really positive feedback in terms of improved ability to sleep and some other treatments like a lymphatic massage that people were paying extra for services that they might feel like this is meeting some of those needs as well,” said Anderson Morgan.
Melissa Anderson Morgan, the class instructor, has a close relationship with cancer and started teaching the class after a family member was diagnosed.
“We as a family were going through treatment while everyone was also kind of contending with the pandemic. So, that’s what raised my interest and I was also a yogi and a yoga teacher, but it really drew me to the specific methodology and the training and the science and the benefits for cancer patients particularly,” said Anderson Morgan.
The part that brings her the most joy.
“It brings community to members of the Y and others who have been through or are going through cancer treatment right now.”
These classes are open to the public and are every Tuesday and Thursday at 10 a.m. For more on how you can register, you can click here.
Copyright 2022 WHSV. All rights reserved.
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https://www.whsv.com/2022/04/11/yoga-4-cancer-class-heals-community/
| 2022-04-11T10:47:34Z
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New member adds 90 advisors, 50 support staff to independent wealth management network
PHOENIX, April 11, 2022 /PRNewswire/ -- Advisor Group Inc., the nation's largest network of independent wealth management firms, today announced the addition of Gallagher's Retirement Plan Consulting Practice, a 90+advisor team, to the Advisor Group network.
Gallagher joins Advisor Group through its affiliation with network partner Triad Advisors, a network of firms that also includes FSC Securities, Royal Alliance Associates Inc., SagePoint Financial, Securities America and Woodbury Financial Services.
Gallagher's Retirement Plan Consulting capabilities are driven by the team's extensive experience, expertise, and credibility with defined benefit and defined contribution clients. A consulting model that combines small firm flexibility with the scalability and depth of a large organization made Gallagher and Triad like-minded and natural partners for delivering holistic financial wellbeing solutions to clients.
"Autonomy was a key factor in our decision to consolidate most of our major business lines, including the more than 2,000 retirement plans we oversee. A hybrid model -- with Gallagher Fiduciary Advisors, LLC, as the RIA and Triad Advisors as the broker-dealer – provides flexibility to grow our financial planning practice," said John Jurik, Gallagher's National Practice Leader for Retirement Plan Consulting.
Jeff Leonard, Financial and Retirement Services Leader North America, added that "Gallagher chose Triad because of its experience, expertise and focus on partnership."
Michael Gatti, CFP®, Vice President of Business Development at Triad Advisors, said, "Gallagher leadership's decades of experience shepherding corporate clients, financial planning clients and potential merger partners to their goals brings incredible value to our network. We look forward to supporting their needs and those of their clients and building a long-term relationship with the entire team."
"We are thrilled that Gallagher's team recognized Triad's reputation as a leader and pioneer in the hybrid RIA model when they were considering the growing needs of their retirement business practice," said Jeff Rosenthal, President Triad Advisors. "We are honored to have them as part of the Advisor Group family."
Greg Cornick, President of Advice and Wealth Management at Advisor Group, said: "On behalf of the entire Advisor Group family of firms, we welcome the Gallagher team. We are thrilled they chose to build their hybrid RIA with an experienced and proven partner. We look forward to their continued success with Advisor Group."
About Gallagher
Gallagher's Retirement, Investment & Fiduciary Consulting Practices provide retirement, investment advice/consulting and decision-making to institutional investors, which include public and private sector employee benefit plans (including multi-employer plans), charitable institutions, foundations, endowments, labor organizations, state or municipal government entities, hospitals, non-profit organizations, private trusts, and corporations or business entities, high net worth and other individuals. Gallagher Fiduciary Advisors, LLC, is a subsidiary of Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm.
Gallagher Fiduciary Advisors, LLC ("GFA") is an SEC Registered Investment Advisor that provides retirement, investment advisory, discretionary/named and independent fiduciary services. GFA is a limited liability company with Gallagher Benefit Services, Inc. as its single member. GFA may pay referral fees or other remuneration to employees of AJG or its affiliates or to independent contractors; such payments do not change our fee. Securities may be offered through Triad Advisors, LLC ("Triad"), member FINRA/SIPC. Triad is separately owned and other entities and/or marketing names, products or services referenced here are independent of Triad. Neither Triad, Arthur J. Gallagher & Co., GFA, their affiliates nor representatives provide accounting, legal or tax advice.
About Triad Advisors
Triad Advisors is part of Advisor Group, one of the nation's largest networks of independent financial professionals. Headquartered in Atlanta, Triad is a national broker-dealer as well as a multi-custodial registered investment adviser firm that was an early pioneer and continued leader in the hybrid registered investment adviser marketplace. The company has more than 600 financial providers on its platform and provides a comprehensive set of products, trading and technology systems, as well as customized wealth management strategies. For more information, please visit www.triad-advisors.com.
About Advisor Group, Inc.
Advisor Group, Inc. is the nation's largest network of independent wealth management firms, serving approximately 10,100 financial advisors and overseeing over $515 billion in client assets. The firm is mission-driven to support the strategic role that advisors can play in the lives of their clients. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial advisors and is committed to being in their corner every step of the way. For more information visit https://www.advisorgroup.com.
Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Securities America, Inc., a broker-dealer and member of FINRA and SIPC. Advisory services are offered through Arbor Point Advisors, LLC, Ladenburg Thalmann Asset Management, Inc., Securities America Advisors, Inc., and Triad Hybrid Solutions, LLC, registered investment advisers. Advisory programs offered by FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., and Woodbury Financial Services, Inc., are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser. Advisor Group, Inc. is an affiliate of these firms. 20 E. Thomas Rd., Ste. 2000, Phoenix, AZ, 85012. 866.481.0379.
Media Inquiries
Joseph Kuo / Donald Cutler
Haven Tower Group
jkuo@haventower.com or dcutler@haventower.com
424 317 4851 or 424 317 4864
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SOURCE Advisor Group
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https://www.whsv.com/prnewswire/2022/04/11/advisor-group-welcomes-gallaghers-retirement-plan-consulting-practice-its-network/
| 2022-04-11T10:47:40Z
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BOSTON, April 11, 2022 /PRNewswire/ -- APRINOIA Therapeutics announces today that the U.S. Food and Drug Administration (FDA) has granted a may proceed authorization for its novel therapeutic anti-tau monoclonal antibody, APNmAb005, allowing the company to test and evaluate its safety in healthy subjects in a phase 1 single ascending dose study.
APNmAb005 is a unique antibody that recognizes a conformation-dependent epitope present only in pathological forms of tau proteins. It preferentially targets a population of misfolded tau proteins segregated in specific cellular compartments, including synapses in brains of patients with Alzheimer's Disease(AD), as well as primary tauopathies, such as Progressive Supranuclear Palsy (PSP) and other forms of Frontotemporal Lobar Degeneration (FTLD).
About APNmAb005
APNmAb005 is a humanized anti-tau antibody specifically targeting human tau aggregates found in tau-related diseases including Alzheimer's Disease, Progressive Supranuclear Palsy, Corticobasal Degeneration, and other forms of Frontotemporal Lobar Degeneration. APNmAb005 preferentially binds tau aggregates accumulated at the neuronal synapses of AD patients, specialized sites critical for information transfer and release of transmissible abnormal tau species between brain cells. Clearance of tau aggregates at neuronal synapses by APNmAb005 is expected to significantly reduce tau pathology, synaptic injury, thereby slowing disease progression and restoring brain and cognitive health.
About APRINOIA Therapeutics
APRINOIA is a late-stage biotechnology company committed to protecting patients' brain health and changing outcomes of neurodegenerative diseases through first-in-class and best-in-class diagnostic tools and novel therapies. The company aims to bring precision medicine to neuroscience by identifying and targeting the protein aggregates of tau, alpha-synuclein and other proteins that play a critical role in the pathogenesis of many neurodegenerative diseases, such as Alzheimer's and Parkinson's Diseases. The company currently has operations in Hong Kong, Suzhou, Shanghai, Tokyo, and Boston.
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SOURCE APRINOIA Therapeutics
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https://www.whsv.com/prnewswire/2022/04/11/aprinoia-therapeutics-received-fda-clearance-initiate-apnmab005-phase-1-clinical-trial/
| 2022-04-11T10:47:46Z
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- LEGOLAND® New York Resort kicks off biggest tourism season ever with an epic grand opening bash on April 8th
- State government and tourism officials were in attendance to proclaim awesome has arrived!
- To celebrate its first full season, LEGOLAND New York will debut new attractions and experiences throughout 2022, including a new water playground, new entertainment stages with brand-new shows, the first annual July 4th Red, White & BOOM celebration, a bigger Brick-or-Treat bash, and the Park's first-ever Holiday Bricktacular
GOSHEN, N.Y., April 11, 2022 /PRNewswire/ -- LEGOLAND® New York is declaring 2022 the summer of AWESOME! With this year expected to be one of the biggest vacation seasons to date, more than 65% of Americans are planning a domestic, leisure-focused trip, and 29% want to splurge on an awesome escape. To kick off this most epic tourism season yet, LEGOLAND New York Resort opened for its first full season on April 8th with a bricktastic celebration – complete with live music, dancing, giveaways, confetti, and a special pyrotechnic show!
"We are thrilled to welcome travelers from all over the State and world as LEGOLAND New York Resort opens for the season," New York State Governor Kathy Hochul said. "This unique, family friendly destination has been a boon to the local economy and is an integral part of the state's tourism industry. The future is bright for LEGOLAND New York, and we look forward to many successful seasons to come as we continue our economic comeback from COVID-19."
Top state government and tourism officials, including Ross Levi, Executive Director and Vice President of New York State Division of Tourism and Empire State Development, were in attendance to celebrate the start of the spring and summer tourism season.
"New York State is the perfect destination for family fun, and I LOVE NY is excited to invite and welcome visitors to come be a part of it all," Levi said. "LEGOLAND New York Resort, located in the scenic Hudson Valley, has quickly become a tourism crown jewel for the entire state. With so many families eager to plan a getaway, we are proud to partner with this world-class venue to kick off a memory-making vacation season that will exceed expectations."
As the sun rose over LEGOLAND New York's iconic entrance arch, the Park's first families of the season were treated to an unforgettable pre-opening live show, featuring a brass band, building competition, and a chance to learn the Park's famous opening dance before a parade of characters and LEGOLAND New York Model Citizens initiated the countdown to awesome. In a picture-perfect moment, the celebration ended with a dazzling pyrotechnic display as families streamed into the Park for the first time this year.
Throughout the 2022 season, LEGOLAND New York will debut a series of new attractions, new events, new shows, new characters, and new models. Top highlights include the opening of the all-new LEGO® City Water Playground this season, a new food and beverage outlet located in a newly constructed central hub that will connect MINILAND with LEGO NINJAGO World, LEGO Castle and LEGO City, and three new entertainment shows at two brand-new stages. In addition to an even bigger and better Brick-or-Treat bash in October, the Park will debut its first-ever Red, White & BOOM celebration and fireworks display on July 4th and its first annual Holiday Bricktacular in December.
"There's so much excitement around family travel this year, and we can't wait for our guests to experience all of the memorable and awesome experiences we have in store for them this season," said LEGOLAND New York Resort Divisional Director Stephanie Johnson. "As we gear up for our first full year of operation, the Park's most exciting 2022 developments were inspired by our guests and our team's dedication to providing even more fun with each new season. Whether it's a family's first time visiting us or their hundredth, they can always expect something new and exciting to enjoy when coming to LEGOLAND New York Resort."
LEGOLAND New York Resort takes kids on a journey through seven LEGO® themed lands, including Brick Street, Bricktopia, LEGO® NINJAGO® World, LEGO Castle, LEGO City, MINILAND and LEGO Pirates. Built for families with children ages two through 12, can't-miss highlights of a LEGOLAND New York vacation include transforming into a Minifigure on the world premiere LEGO Factory Adventure ride, chasing the red wizard out of the castle on the signature Dragon coaster, and mastering the power of the elements with Master Wu on LEGO® NINJAGO® The Ride.
For the ultimate multi-day LEGO vacation experience, guests can book a Vacation Package at LEGOLAND Hotel, just steps from the Park entrance.
LEGOLAND New York's full 2022 operating calendar can be found here. For more information about LEGOLAND New York Resort, visit our website or follow us on Facebook. To book a Vacation Package at the LEGOLAND Hotel, visit our Vacation Packages page. Guests can also purchase single-day tickets (starting at $67.99 for adults) or annual passes ($149 per person) with or without a hotel stay.
About LEGOLAND New York Resort
AWESOME AWAITS at LEGOLAND® New York Resort, the ultimate LEGO® theme park destination, just outside New York City in the beautiful Hudson Valley! At LEGOLAND New York, kids ages two through 12 and their families can ride, climb, splash, and build their way through seven themed lands. Transform into a Minifigure on the world-premiere LEGO® Factory Adventure Ride, master the art of Spinjitzu on LEGO® NINJAGO® the Ride, save the kingdom on the Dragon Coaster, and explore awesome LEGO built cities in MINILAND! Adding to the multi-day destination experience, the bricktastic fun continues at LEGOLAND® Hotel, open year-round! The only LEGO themed hotel in the Northeast, it features 250 rooms in four themes: LEGO® Pirates, Kingdom, LEGO® Friends and LEGO® NINJAGO® – all just steps away from the theme park! The park is easily accessible by car, Metro-North train and direct bus service on Coach USA from Port Authority. For more information visit https://www.legoland.com/new-york/.
About Merlin Entertainments
Merlin Entertainments is a global leader in location-based, family entertainment. As Europe's number one and the world's second-largest visitor attraction operator, Merlin operates 138 attractions, 23 hotels and 6 holiday villages in 24 countries across 4 continents. Merlin's purpose is to deliver memorable experiences to its millions of guests around the world, through its iconic brands and multiple attraction formats, and the commitment and passion of its employees.
See www.merlinentertainments.biz for more information and follow on Twitter @MerlinEntsNews.
About Orange County Tourism
Orange County Tourism, based in Goshen, N.Y., is the county's tourism headquarters and a participant in the I LOVE NY program. A comprehensive listing of area attractions, lodging, and events can be found at www.OrangeTourism.org. For a free copy of the Orange County Travel Guide, e-mail tourism@orangecountygov.com or call 845-615-3860. Find your adventure in Orange County!
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SOURCE LEGOLAND New York Resort
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| 2022-04-11T10:47:52Z
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HOUSTON and TOKYO, April 11, 2022 /PRNewswire/ -- Building on the strategic partnership that Axiom Space and Mitsui & Co., Ltd. signed in September, and following Mitsui's investment in Axiom Space, the partners have initiated the formation of a joint venture in Japan to accelerate on-orbit services to commercial and government customers. This unique partnership builds on both Axiom's in-space capabilities and Mitsui's global industrial reach.
Together, Axiom Space and Mitsui & Co., Ltd. are opening the doors for non-traditional users to leverage the advantages of space, including microgravity and the unique vantage point of Low Earth Orbit. These services broaden international human spaceflight, research, manufacturing, and other opportunities at the International Space Station, and enhance a growing set of opportunities at Axiom Station, now under construction.
Axiom and Mitsui have been meeting with and onboarding commercial customers in consumer electronics, entertainment, agri-tech, chem-tech, marketing/advertising and other sectors. Discussions have also expanded to government organizations, space agencies and NGOs. With the increased volume of the partners' activity in Japan, they are establishing operations together to support the rapidly growing customer base.
Axiom Space launched the world's first all-private crew to the International Space Station on April 8, 2022. Back on Earth, Axiom now has $500 million in customer contracts, 420 employees and is on track to have closed more than $1 billion of customer contracts before the end of 2022. The first sections of Axiom Station are on schedule for launch to orbit in 2024 and 2025, where they will be connected to the ISS following the completion of verification and validation exercises. A few years later the completed Axiom Station will detach, providing a direct path to adopt much of the ISS user base.
Axiom Space's Chief Business Officer Amir Blachman said, "We recognized Mitsui's distinguished track record of creating global-scale industrial partnerships in the government and commercial sectors. With Mitsui, we aim to accelerate the development of pharmaceuticals, medical devices, and advanced materials that improve the quality of life on Earth. We will also integrate our companies' capabilities to answer the growing demand for on-orbit satellite deployment and servicing, cloud computing, entertainment and exploration systems in orbit."
Mitsui & Co., Ltd. is a global trading and investment company with a diversified business portfolio that spans approximately 63 countries in Asia, Europe, North, Central & South America, The Middle East, Africa and Oceania with over 43,000 employees. Mitsui also has a growing footprint in space. The company was selected by the Japan Aerospace Exploration Agency (JAXA) as a service provider for CubeSat deployment from the Japanese KIBO module at ISS, and was commissioned by JAXA to conduct the preliminary business concept study assuming the use of KIBO Pressurized Module in JFY 2020.
"Mitsui took this step with Axiom because of its progress far ahead of other entities who have proposed to build space stations," Mitsui & Co., Ltd., General Manager, Space Business Dept., Kazutomi Shigeeda said. "Axiom's unique partnership with the ISS Program and physical connection to the ISS, its peerless leadership team, and progress with commercial and government customers, position Axiom to lead the future of industry in Low Earth Orbit and we have already started jointly to develop these large markets."
Together, the companies aim to build on that progress and execute a shared vision – to open space to a broad user base, providing data to help solve global-scale problems, create competitive products, and allow continued opportunities for countries to cooperate in space.
About Axiom Space
Axiom Space is guided by the vision of a thriving home in space that benefits every human, everywhere. The leading provider of human spaceflight services and developer of human-rated space infrastructure, Axiom operates end-to-end missions to the International Space Station today while privately building its successor, Axiom Station, the first permanent commercial destination in Earth's orbit that will sustain human growth off the planet and bring untold benefits back home. More information about Axiom can be found at www.axiomspace.com.
About Mitsui & Co., Ltd.
Mitsui & Co., Ltd. (8031: JP) is a global trading and investment company with a diversified business portfolio that spans approximately 63 countries in Asia, Europe, North, Central & South America, The Middle East, Africa and Oceania. Mitsui has built a strong and diverse core business portfolio covering the Mineral and Metal Resources, Energy, Machinery and Infrastructure, and Chemicals industries.
Mitsui has further diversified beyond its core profit pillars to create multifaceted value in new areas, including innovative Energy Solutions, Healthcare & Nutrition and through a strategic focus on high-growth Asian markets. This strategy aims to derive growth opportunities by harnessing some of the world's main mega-trends: sustainability, health & wellness, digitalization, and the growing power of the consumer. For more information on Mitsui & Co's businesses visit, www.mitsui.com.
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| 2022-04-11T10:47:59Z
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LONDON, April 11, 2022 /PRNewswire/ -- Cameroon, the Democratic Republic of the Congo (the DRC) and the Republic of the Congo have today announced their intention to adopt cryptocurrency and blockchain based solutions to drive future economic progress. Layer one proof-of-stake blockchain, The Open Network (TON) is the leading contender to become the blockchain to power this. The DRC has also confirmed that it is considering a new national stablecoin, built on the TON blockchain.
TON has been engaging with all three countries independently for some time and has taken the lead to deliver cryptocurrency and blockchain solutions for each nation. These countries will each undertake a phased transition to adopting cryptocurrency as a central pillar of their economic structures.
The future use of cryptocurrency will ensure that both banked and unbanked individuals will be better able to engage in the economy. This in turn will act as a powerful economic stimulus. In the DRC, for instance, as of 2019 12.4 million people had an account with a financial institution, whereas over 40 million have access to mobile phones or other internet enabled devices, demonstrating the significant potential for cryptocurrency.
The TON blockchain was designed to process millions of transactions within seconds. It's ultra-affordable, user-friendly and fully scalable. With TON being a decentralized platform, it will provide control and certainty for citizens, removing the possibility of interference. In addition, TON anticipates that applications will be uniquely integrated with the Telegram app to provide users with a seamless, accessible experience.
Speaking about the potential partnership, the Congolese Minister for Posts, Telecommunications and the Digital Economy, Léon Juste Ibombo, commented: "The Republic of the Congo has been on this path for a number of years, having encouraged and witnessed the widespread adoption of mobile payments across the country. This is the next step in that journey and we believe that TON is the right partner to facilitate this. This will be an invaluable, practical instrument for the growth and creation of wealth, both for the government and our people alike."
The Minister for Digital Economy for the Democratic Republic of Congo, Désiré Cashmir Eberande Kolongele, added: "We are proud to take this pioneering step, embracing new economic instruments to power our future economy. This marks the beginning of our journey to adopting cryptocurrency as a financial instrument within the DRC, and with the support of TON as a partner we aim to increase our nations exposure to modern financial tools. We are also enthusiastic to commence considering the launch of a national stablecoin on the TON blockchain, democratizing access to our financial system for millions of unbanked and underbanked citizens. The ability to integrate applications with the Telegram platform, and reach mobile users, makes TON the obvious choice as we step boldly into the world of cryptocurrency and blockchain."
Minette Libom Li Likeng, the Minister of Posts and Telecommunications for Cameroon, said: "The partnership with TON can play a fundamental role in the digital ecosystem of Cameroon for boosting the payment solutions and financial inclusion via CAMPOST, the public postal operator."
Steven Yun, Founding Member of TON Foundation, remarked: "There is an unbounded potential for these three countries to benefit from the adoption of cryptocurrency with our blockchain as the foundation. It's fantastic that TON's value is recognized, both in terms of its technology and utility. We're excited to embark on this journey to building strong and long-lasting partnerships."
This announcement follows the adoption of Bitcoin by El Salvador as legal tender, and it is anticipated that new stablecoins will be developed for Cameroon and the Republic of the Congo, in addition to the DRC, to provide confidence and assurance to citizens.
About The Open Network (TON)
The Open Network (TON) is a third-generation Proof-of-Stake blockchain originally designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to the open TON Community, which has been supporting and developing it ever since.
TON was designed for lightning-fast transactions. It's ultra-cheap, user-friendly, and fully scalable. True to its predecessor, it aims to develop unique integrations with the Telegram app to provide its users with a seamless blockchain experience in a portable and familiar format.
TON is managed by community of non-commercial developers and supporters (the TON Foundation).
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SOURCE The Open Network (TON)
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https://www.whsv.com/prnewswire/2022/04/11/cameroon-democratic-republic-congo-republic-congo-take-major-step-towards-adoption-cryptocurrency-with-ton-leading-pack/
| 2022-04-11T10:48:06Z
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- CAAS's board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months -
WUHAN, China, April 11, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months. Repurchases will be made in open market transactions, at prevailing market prices not to exceed $4.00 per share through March 30, 2023, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions. Members of the management team may make additional share purchases in addition to the Company repurchase.
Mr. Hanlin Chen, Chairman of CAAS, commented, "Our current stock valuation does not reflect our profitable 19.2% sales growth in 2021, our advances in technology and growing market position in global markets. We maintained our leadership position in the Chinese automobile steering market, and increased sales to global Tier-1 vehicle OEMs in North and South America and also penetrated European-branded vehicles such as Alfa Romeo's first luxury plug-in-hybrid SUV. Our new subsidiary, Sweden's Sentient AB, a world leader in steering and vehicle control software and hardware, will further enhance our technology especially for autonomous driving systems. In addition, we were the first Chinese company to develop electric power steering ("EPS") systems entirely in-house with the capabilities to integrate and communicate with a vehicle's main data as part of our Advanced Driver Assistance Systems (ADAS). EPS sales grew by 86.0% and represented 23.2% of total sales in 2021."
Mr. Qizhou Wu, chief executive officer of CAAS, commented, "We continue to develop new advanced products in both the hydraulic steering market and the EPS markets to add market share and capture new customers. Our Henglong subsidiary received the SGS TÜV ISO26262:2018 ASIL-D certification, the highest quality rating which is a testament to our research and development expertise and our ability to manufacture products."
Mr. Jie Li, chief financial officer of CAAS, commented, "Our stock's market capitalization is well below our combined cash, cash equivalents and short-term investments, our working capital, our book value, and the valuations of a number of peer companies focused on multiple financial factors. The share repurchase commits our strong financial position to support shareholder value."
For the 2021 year, CAAS recorded net sales of $498.0 million with operating income of $5.5 million. Total cash and cash equivalents, pledged cash and short-term investments were $161.3 million, or approximately $5.23 per share, at December 31, 2021. Total parent company stockholders' equity was $321.0 million. Net cash flow from operating activities was $28.3 million in 2021.
About China Automotive Systems, Inc.
Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 6 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Fiat Chrysler Automobiles (FCA) and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.
Forward-Looking Statements
This press release contains statements that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. These forward-looking statements include statements regarding the qualitative and quantitative effects of the accounting errors, the periods involved, the nature of the Company's review and any anticipated conclusions of the Company or its management and other statements that are not historical facts. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company's actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's Form 10-K annual report filed with the Securities and Exchange Commission on March 30, 2021, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. If the outbreak of COVID-19 is not effectively and timely controlled, our business operations and financial condition may be materially and adversely affected as a result of the deteriorating market outlook for automobile sales, the slowdown in regional and national economic growth, weakened liquidity and financial condition of our customers or other factors that we cannot foresee. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.
For further information, please contact:
Jie Li
Chief Financial Officer
China Automotive Systems, Inc.
Email: jieli@chl.com.cn
Kevin Theiss
Awaken Advisors
+1-212-510-8922 (new)
+1-212-521-4050 (old)
Email: Kevin@awakenlab.com
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SOURCE China Automotive Systems, Inc.
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https://www.whsv.com/prnewswire/2022/04/11/china-automotive-systems-announces-share-repurchase/
| 2022-04-11T10:48:14Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention AbbVie Inc. ("AbbVie") (NYSE: ABBV) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 30, 2021 and August 31, 2021.
If you suffered a loss on your investment in AbbVie, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/abbvie-inc-loss-submission-form-2?prid=25751&wire=4
ABOUT THE ACTION: The class action against AbbVie includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) safety concerns about Pfizer Inc.'s drug Xeljanz extended to Abbvie's drug Rinvoq and to other Janus kinase enzyme inhibitor drugs; (2) as a result, it was likely that the U.S. Food and Drug Administration would require additional safety warnings for Rinvoq and would delay the approval of additional treatment indications for Rinvoq; and (3) therefore, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.
DEADLINE: June 6, 2022
Aggrieved AbbVie investors only have until June 6, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-abbvie-investors-lead-plaintiff-deadline-june-6-2022/
| 2022-04-11T10:48:21Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Acutus Medical, Inc. ("Acutus") (NASDAQ: AFIB) 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 all purchasers of Acutus common stock between May 13, 2021 and November 11, 2021, inclusive.
If you suffered a loss on your investment in Acutus, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/acutus-medical-inc-loss-submission-form?prid=25731&wire=4
ABOUT THE ACTION: The class action against Acutus includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) a material percentage of the Company's AcQMap imaging and mapping systems under evaluation had been randomly installed at sites with little, if any, consideration given to whether the healthcare providers at the selected locations were likely to adopt, or desire, the Company's products; (b) a material percentage of the AcQMap systems under evaluation had been installed in locations where the Company did not possess the infrastructure necessary to appropriately educate, train, and support medical service providers on the system's operations; (c) as a result of (a) and (b) above, defendants were in the process of designing a strategic plan to terminate and relocate approximately 20% of then-existing AcQMap systems evaluation arrangements; (d) the Company's management discussion and analysis was materially false and misleading and failed to disclose that the termination and relocation of approximately 20% of existing AcQMap systems evaluation arrangements was reasonably likely to have a material adverse effect on the Company's 2021 financial results; and (e) the Company's risk factor discussions were materially false and misleading and made reference to potential risks without disclosing that such risks were then-existing or adequately describing the specific nature of the risks then facing the Company.
DEADLINE: April 18, 2022
Aggrieved Acutus investors only have until April 18, 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
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| 2022-04-11T10:48:27Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Affirm Holdings, Inc. ("Affirm") (NASDAQ: AFRM) 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 all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.
If you suffered a loss on your investment in Affirm, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/affirm-holdings-inc-loss-submission-form?prid=25737&wire=4
ABOUT THE ACTION: (i) Affirm's "buy now, pay-later" service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (iii) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (iv) accordingly, Affirm's tweet for its second quarter 2022 financial results contained selected metrics that made it appear that the Company had performed better than it actually did; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 29, 2022
Aggrieved Affirm investors only have until April 29, 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
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| 2022-04-11T10:48:33Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Akebia Therapeutics, Inc. ("Akebia") (NASDAQ: AKBA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between June 28, 2018 and September 2, 2020.
If you suffered a loss on your investment in Akebia, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/akebia-therapeutics-inc-loss-submission-
form?prid=25743&wire=4
ABOUT THE ACTION: The class action against Akebia includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's lead investigational product candidate, vadadustat, was not as safe in treating non-dialysis dependent chronic kidney disease patients with anemia as defendants had represented; (ii) as a result, defendants overstated the clinical prospects of a Phase 3 clinical program for vadadustat; (iii) accordingly, defendants also overstated vadadustat's overall commercial and regulatory prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 13, 2022
Aggrieved Akebia investors only have until May 13, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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| 2022-04-11T10:48:41Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Astra Space Inc. f/k/a Holicity Inc. ("Astra") (NASDAQ: ASTR) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 2, 2021 and December 29, 2021.
If you suffered a loss on your investment in Astra, 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 Astra includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Astra cannot launch "anywhere"; (2) Astra significantly overstated its addressable market; (3) Astra overstated the effectiveness of its designs and reliability; (4) Astra significantly overstated its plans for diversification and its broadband constellation plan; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
DEADLINE: April 11, 2022
Aggrieved Astra investors only have until April 11, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-astra-investors-lead-plaintiff-deadline-april-11-2022/
| 2022-04-11T10:48:47Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Butterfly Network, Inc. f/k/a Longview Acquisition Corp. ("Butterfly") (NYSE: BFLY) 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: (a) all persons or entities that purchased or otherwise acquired Butterfly securities between February 16, 2021 and November 15, 2021, both dates inclusive and/or (b) all holders of Butterfly common stock as of the record date for the special meeting of shareholders held on February 12, 2021 to consider approval of the merger between Longview Acquisition Corp. and Butterfly.
If you suffered a loss on your investment in Butterfly, 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 Butterfly includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Butterfly had overstated its post-merger business and financial prospects; (ii) notwithstanding the ongoing COVID-19 pandemic, Butterfly's financial projections failed to take into account the pandemic's broad consequences, which included healthcare logistical challenges, and medical personnel fatigue; (iii) accordingly, Butterfly's gross margin levels and revenue projections were less sustainable than the Company had represented; (iv) all the foregoing was reasonably likely to have a material negative impact on Butterfly's business and financial condition; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 18, 2022
Aggrieved Butterfly investors only have until April 18, 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
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-butterfly-investors-lead-plaintiff-deadline-april-18-2022/
| 2022-04-11T10:48:54Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention C3.ai, Inc. ("C3.ai, Inc.") (NYSE: AI) 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 a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) C3.ai Class A common stock pursuant and/or traceable to the documents issued in connection with the Company's initial public offering conducted on or about December 9, 2020; and/or (b) C3.ai securities between December 9, 2020 and February 15, 2022, both dates inclusive.
If you suffered a loss on your investment in C3.ai, Inc., 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 C3.ai, Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) C3.ai's partnership with Baker Hughes was deteriorating; (ii) C3.ai was employing a flawed accounting methodology to conceal the deterioration of its Baker Hughes partnership; (iii) C3.ai faced challenges in product adoption and significant salesforce turnover; (iv) the Company overstated, inter alia, the extent of its investment in technology, description of its customers, its total addressable market, the pace of its market growth, and the scale of alliances with its major business partners; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 3, 2022
Aggrieved C3.ai, Inc. investors only have until May 3, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-c3ai-inc-investors-lead-plaintiff-deadline-may-3-2022/
| 2022-04-11T10:49:01Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Cabaletta Bio, Inc. ("Cabaletta") (NASDAQ: CABA) 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 and entities that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 24, 2019; and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive.
If you suffered a loss on your investment in Cabaletta, 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 Cabaletta includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that Cabaletta's lead product candidate, DSG3-CAART, had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 29, 2022
Aggrieved Cabaletta investors only have until April 29, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-cabaletta-investors-lead-plaintiff-deadline-april-29-2022/
| 2022-04-11T10:49:07Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Celsius Holdings, Inc. ("Celsius") (NASDAQ: CELH) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between August 12, 2021 and March 1, 2022.
If you suffered a loss on your investment in Celsius, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/celsius-holdings-inc-loss-submission-form?prid=25744&wire=4
ABOUT THE ACTION: The class action against Celsius includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 16, 2022
Aggrieved Celsius investors only have until May 16, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-celsius-investors-lead-plaintiff-deadline-may-16-2022/
| 2022-04-11T10:49:14Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Cerence Inc. ("Cerence Inc.") (NASDAQ: CRNC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 8, 2021 and February 4, 2022.
If you suffered a loss on your investment in Cerence Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/cerence-inc-loss-submission-
form?prid=25736&wire=4
ABOUT THE ACTION: The class action against Cerence Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for the Company's software licenses by pulling forward sales; and (3) as a result of the above, defendants' statements about Cerence's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
DEADLINE: April 26, 2022
Aggrieved Cerence Inc. investors only have until April 26, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-cerence-inc-investors-lead-plaintiff-deadline-april-26-2022/
| 2022-04-11T10:49:20Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Fennec Pharmaceuticals Inc. ("Fennec") (NASDAQ: FENC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 28, 2021 and November 26, 2021.
If you suffered a loss on your investment in Fennec, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/fennec-pharmaceuticals-inc-loss-submission-form-2?prid=25728&wire=4
ABOUT THE ACTION: The class action against Fennec includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Fennec had not successfully remediated, and overstated its efforts to remediate, issues with the manufacturing facility of its drug product manufacturer for PEDMARK, a new compound developed to reduce the incidence of hearing loss in children undergoing chemotherapy; (ii) as a result, the Food and Drug Administration likely to approve the Resubmitted Pedmark New Drug Application ("NDA"); (iii) accordingly, the regulatory and commercial prospects of the Resubmitted Pedmark NDA were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 11, 2022
Aggrieved Fennec investors only have until April 11, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-fennec-investors-lead-plaintiff-deadline-april-11-2022/
| 2022-04-11T10:49:27Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Gatos Silver, Inc. ("Gatos") (NYSE: GATO) 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 and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive.
If you suffered a loss on your investment in Gatos, 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 Gatos includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: April 25, 2022
Aggrieved Gatos investors only have until April 25, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-gatos-investors-lead-plaintiff-deadline-april-25-2022/
| 2022-04-11T10:49:34Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Grab Holdings Limited ("Grab Holdings") (NASDAQ: GRAB) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between November 12, 2021 and March 2, 2022.
If you suffered a loss on your investment in Grab Holdings, 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 Grab Holdings includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Grab's driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to "preemptively recalibrate driver supply"; (3) as a result, the Company's financial results would be adversely impacted, including, among other things, a significant decline in revenue; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 16, 2022
Aggrieved Grab Holdings investors only have until May 16, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-grab-holdings-investors-lead-plaintiff-deadline-may-16-2022/
| 2022-04-11T10:49:40Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Homology Medicines, Inc. ("Homology") (NASDAQ: FIXX) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between June 10, 2019 and February 18, 2022.
If you suffered a loss on your investment in Homology, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/homology-medicines-inc-loss-submission-form?prid=25747&wire=4
ABOUT THE ACTION: The class action against Homology includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated the efficacy and risk mitigation of its lead product candidate, HMI-102; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 24, 2022
Aggrieved Homology investors only have until May 24, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-homology-investors-lead-plaintiff-deadline-may-24-2022/
| 2022-04-11T10:49:47Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention International Business Machines Corporation ("IBM") (NYSE: IBM) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 4, 2017 and October 20, 2021.
If you suffered a loss on your investment in IBM, 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 IBM includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Strategic Imperatives Revenue and growth, CAMSS and CAMSS Components' revenue and growth, and the Company's Segments' revenue and growth were artificially inflated as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; (ii) the Company's present success and positive future growth prospects concerning its Strategic Imperative business strategy were being fueled by the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperative Revenue and, as a result (iii) the Company misled the market by portraying the Company's Strategic Imperative's financial performance and future prospects more favorable than they actually were as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives.
DEADLINE: June 6, 2022
Aggrieved IBM investors only have until June 6, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-ibm-investors-lead-plaintiff-deadline-june-6-2022/
| 2022-04-11T10:49:53Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Lucid Group, Inc. ("Lucid") (NASDAQ: LCID) 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 a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
If you suffered a loss on your investment in Lucid, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/lucid-group-inc-loss-submission-form?prid=25749&wire=4
ABOUT THE ACTION: The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.
DEADLINE: May 31, 2022
Aggrieved Lucid investors only have until May 31, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-lucid-investors-lead-plaintiff-deadline-may-31-2022/
| 2022-04-11T10:50:00Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Meta Platforms, Inc. ("Meta Platforms, Inc.") (NASDAQ: FB) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 2, 2021 and February 2, 2022.
If you suffered a loss on your investment in Meta Platforms, Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/meta-platforms-inc-loss-submission-form?prid=25742&wire=4
ABOUT THE ACTION: The class action against Meta Platforms, Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.
DEADLINE: May 9, 2022
Aggrieved Meta Platforms, Inc. investors only have until May 9, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-meta-platforms-inc-investors-lead-plaintiff-deadline-may-9-2022/
| 2022-04-11T10:50:07Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention MP Materials Corp. f/k/a Fortress Value Acquisition Corp. ("MP Materials") (NYSE: MP) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 1, 2020 and February 2, 2022.
If you suffered a loss on your investment in MP Materials, 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 MP Materials includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 25, 2022
Aggrieved MP Materials investors only have until April 25, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-mp-materials-investors-lead-plaintiff-deadline-april-25-2022/
| 2022-04-11T10:50:13Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Rivian Automotive, Inc. ("Rivian Automotive, Inc.") (NASDAQ: RIVN) 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 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.
If you suffered a loss on your investment in Rivian Automotive, Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/rivian-automotive-inc-loss-submission-
form?prid=25741&wire=4
ABOUT THE ACTION: 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.
DEADLINE: May 6, 2022
Aggrieved Rivian Automotive, Inc. investors only have until May 6, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.whsv.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-rivian-automotive-inc-investors-lead-plaintiff-deadline-may-6-2022/
| 2022-04-11T10:50:20Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention SunPower Corporation ("SunPower") (NASDAQ: SPWR) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between August 3, 2021 and January 20, 2022.
If you suffered a loss on your investment in SunPower, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/sunpower-corporation-loss-submission-form?prid=25730&wire=4
ABOUT THE ACTION: The class action against SunPower includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) certain connectors used by SunPower suffered from cracking issues; (2) as a result, the Company was reasonably likely to incur costs to remediate the faulty connectors; (3) as a result of the foregoing, SunPower's financial results would be adversely impacted; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: April 18, 2022
Aggrieved SunPower investors only have until April 18, 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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| 2022-04-11T10:50:26Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Taskus, Inc. ("Taskus") (NASDAQ: TASK) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between June 11, 2021 and January 19, 2022.
If you suffered a loss on your investment in Taskus, 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 Taskus includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer, Facebook; (2) the Content Security market was smaller than defendants represented and defendants' representations were based on outdated market data; (3) TaskUs improperly recognized revenue from certain key contracts; (4) defendants overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.
DEADLINE: April 25, 2022
Aggrieved Taskus investors only have until April 25, 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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| 2022-04-11T10:50:35Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Telefonaktiebolaget LM Ericsson ("Telefonaktiebolaget LM Ericsson") (NASDAQ: ERIC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 27, 2017 and February 25, 2022.
If you suffered a loss on your investment in Telefonaktiebolaget LM Ericsson, 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 Telefonaktiebolaget LM Ericsson includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 2, 2022
Aggrieved Telefonaktiebolaget LM Ericsson investors only have until May 2, 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
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| 2022-04-11T10:50:41Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Vertiv Holdings Co ("Vertiv") (NYSE: VRT) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 28, 2021 and February 23, 2022.
If you suffered a loss on your investment in Vertiv, 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 Vertiv includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company 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 the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 23, 2022
Aggrieved Vertiv investors only have until May 23, 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
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| 2022-04-11T10:50:48Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Volta Inc. ("Volta") (NYSE: VLTA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between August 2, 2021 and March 28, 2022.
If you suffered a loss on your investment in Volta, 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 Volta includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the business combination of Volta Industries, Inc. ("Legacy Volta") and Tortoise Acquisition Corp. II; (2) as a result, the Company had understated its net loss for third quarter 2021; (3) there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, the Company would restate its financial statements; (5) as a result of the foregoing, Legacy Volta's founders would imminently exit the Company; (6) as a result, the Company's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 31, 2022
Aggrieved Volta investors only have until May 31, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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| 2022-04-11T10:50:54Z
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ORLANDO, Fla., April 11, 2022 /PRNewswire/ -- Clayton, a national builder of off-site and site-built homes, revealed its first single section CrossMod™ home at the Manufactured Housing Institute's Congress & Expo event, which provides a new affordable home solution to another group of homebuyers and locations.
The single section home is built to CrossMod specifications including an elevated roof pitch, attached garage, energy efficient features and more. While research shows the median home price in January 2022 was just over $350,000, we estimate that in most markets the single section CrossMod could be available for under $200,000 including the price of land. The home's unique layout also makes it the ideal size and shape for neighborhoods and urban lots. The home also features a built-in flex space for a homeowner to decide whether they want another bedroom, a home gym, an office or more.
"The single section CrossMod home is one example of how Clayton is innovating to meet the needs of today's homebuyers.," said Ramsey Cohen, Director of Industry and Community Affairs. "This home could create an incredible opportunity to provide affordable homes that can be placed in more areas than a typical off-site built home. These homes have a similar look and feel to traditional site-built housing, which can help address more zoning challenges and create infill opportunities in both new developments and established residential communities."
Multi-section CrossMod homes are HUD-coded homes that blend off-site and site-built construction methods to produce an affordable, quality home that has the ability to finance and appraise similarly to traditional site-built housing.
"Our company values challenge us to 'open doors' and 'drive change' within our industry to make homeownership attainable for people everywhere," said Kevin Clayton, CEO. "The single section CrossMod is an exciting way we can help homeownership become a reality for more people, no matter where they live."
The single section CrossMod home is not currently eligible for the financing programs available for multi-section CrossMod homes.
Clayton homes are built with sustainability in mind. Along with a modern look, CrossMod homes typically create less waste than traditional, site-built homes. During the manufacturing process, the single section CrossMod floor plan produced less than two 64 gallon bins of waste - weighing just over 180 pounds. Other excess materials are also reused or recycled in the building process.
To learn more about CrossMod and how these homes can help amid the ever growing affordable housing crisis, visit: claytonhomes.com/crossmod.
About Clayton
Founded in 1956, Clayton is committed to opening doors to a better life and building happyness® through homeownership. As a diverse builder committed to quality and durability, Clayton offers traditional site-built homes and off-site built housing – including modular homes, manufactured homes, CrossMod™ homes, tiny homes, college dormitories, military barracks and apartments. All Clayton Built® homes are proudly designed, engineered and assembled in America. In 2021, Clayton built 60,701 homes across the country. Clayton is a Berkshire Hathaway company. For more information, visit claytonhomes.com.
*CrossMod is a trademark of Manufactured Housing Institute.
Media Contact:
Caitlyn Crosby
media@claytonhomes.com
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| 2022-04-11T10:51:04Z
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Optimum Seismic offers free preliminary earthquake retrofit engineering services
LOS ANGELES, April 11, 2022 /PRNewswire/ -- The Culver City Chamber of Commerce has forged a new partnership with a private company to conduct seminars and webinars on the importance of earthquake retrofits for owners and managers of apartment and commercial buildings will be co-sponsored by the Culver City Chamber of Commerce and Optimum Seismic, Inc. on April 18.
Culver City Chamber of Commerce has also arranged for member Optimum Seismic, Inc. to offer free preliminary earthquake retrofit engineering services for apartment building owners and managers during April and May. This special offer includes: a site visit / initial consultation; engineering analysis and design alternatives; an in person meeting to present Optimum Seismic's findings and a fixed construction estimate; and preparation of a soft-story screening report as required by the Culver City ordinance.
"We recommend apartment owners and managers to be proactive in protecting their business, building, employees and tenants from earthquakes and other natural hazards," says Culver City Chamber of Commerce President Maria Jacobo. "We look forward to assisting local apartment owners in the future to make Culver City an even safer place to work, live, and play."
"We appreciate the Culver City Chamber of Commerce being proactive in arranging this webinar to help our community become more resilient to earthquakes," says Göran Eriksson, Culver City Council Member. "Every apartment building that complies with the City's retrofit ordinance makes Culver City an even safer place to live and invest."
The City of Culver City conducted an inventory of buildings which are most vulnerable to serious earthquake damage based on age, construction, and materials. The City adopted a Seismic Retrofit Ordinance in 2021 to make these buildings and their occupants safer from earthquakes.
Culver City houses a large number of older apartment buildings that may have structural issues related to soft-story construction. These buildings feature tuck-under parking spaces that frequently have weak supports for overhead units and may be subject to failure in earthquakes.
"Earthquakes will happen, but they don't have to be disasters," says Ali Sahabi, co-founder of Optimum Seismic, Inc. "Proven safety measures such as seismic retrofits protect the local economy, safeguard the public, and preserve buildings in the event of earthquakes. Seismic retrofits have also been shown to be very cost effective in numerous studies."
In recent years, Culver City Chamber of Commerce has actively participated in numerous educational seminars and webinars led by Optimum Seismic to advance the business community's understanding of the importance of earthquake resilience.
The Culver City Chamber of Commerce has been supporting efforts by the City to make these buildings more secure in earthquakes, and arranged for Optimum Seismic to conduct complimentary informational workshops for local apartment owners and managers.
The expert team at Optimum Seismic has been performing seismic engineering and earthquake retrofit construction in California since 1984. Apartment owners and managers interested in arranging a consultation for preliminary earthquake retrofit engineering may contact Jonathan Salazar at (323) 412-4233 or via email at JSalazar@optimumseismic.com and mention the Culver City Chamber of Commerce.
About Optimum Seismic, Inc.
The Optimum Seismic team has been making California cities safer since 1984 by providing full-service earthquake engineering, steel fabrication and construction services for multifamily residential, commercial and industrial buildings. With more than 3,500 earthquake retrofit and renovation projects completed, Optimum Seismic's work includes soft-story multifamily apartments, unreinforced masonry (URM) buildings and tilt-up, non-ductile concrete and steel moment frame buildings. To arrange a complimentary assessment of your building's earthquake resilience, contact Optimum Seismic at (833) 978-7664 or visit optimumseismic.com.
Media Contact:
Tom Robinson
trobinson@optimumseismic.com
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| 2022-04-11T10:51:11Z
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- Order intake doubled, reaching €8.1 billion – highest value in the company's history
- Sales increased by almost 20% to €4.9 billion – reaching a new record
- Adjusted EBITDA increased by 23% to €294 million
- Adjusted EBIT rose almost 25% to €263 million
- Sales of around €6.0 billion are expected to be achieved in the current fiscal year
- Company is aiming at a sales target of €10.0 billion by 2027 with a future agenda for accelerated growth and global impact
STUTTGART, Germany, April 11, 2022 /PRNewswire/ -- Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, has once again achieved record level annual results, overdelivering all major planned financial figures and continuously delivering remarkable growth.
Exyte serves the most technically demanding clients in flourishing markets driven by megatrends with strong secular growth, such as semiconductors and batteries, pharmaceuticals and biotechnology as well as data centers. The company is an industry pioneer with differentiated technical expertise and a trusted partner to premier blue-chip clients globally.
With an all-time high sales volume of €4.9 billion, an increase by almost 20% (2020: €4.1 billion), and the highest-ever order intake of €8.1 billion, doubling compared to prior-year level (2020: €4.1 billion), Exyte is benefitting from unprecedented growth in its major business segments and in all regions. The company's profitability also capitalized on the sales growth with adjusted EBITDA rising by 23% to €294 million (2020: €240 million) and adjusted EBIT by almost 25% to €263 million (2020: €213 million) with an adjusted EBITDA margin of 6.0% and an adjusted EBIT margin of 5.4%. The order backlog as of 31 December 2021 has more than doubled compared to the previous year, reaching €6.7 billion (2020: €3.2 billion).
Dr. Wolfgang Büchele, CEO of Exyte says, "We provide efficient and reliable solutions for our customers' challenging needs and drive new innovations in booming industries. Our clear focus on industries driven by megatrends is paying off – Exyte continues to benefit especially from the semiconductor boom and the increasing demand for pharmaceutical and biotech production facilities leading to constant, profitable growth. With our successful ongoing projects and our huge project pipeline, we are well positioned for future growth, reaching next record level results."
Exyte's largest business segment Advanced Technology Facilities continues to grow, Biopharma & Life Science business segment with record sales increase of over 60%
The largest segment, Advanced Technology Facilities, with a sales share of over 87%, recorded a sales growth of more than 20% with over €4.2 billion in 2021 (2020: €3.5 billion). Due to the ongoing demand in the semiconductor industry, the order intake more than doubled year-on-year with almost €7.3 billion (2020: €3.4 billion).
Sales in the Biopharma & Life Sciences segment grew by over 60% reaching €357 million (2020: €221 million) and increasing its share of total sales to over 7%. This was mainly due to stronger demand for biopharma facilities. The order intake increased by almost 12% to €492 million (2020: €440 million).
In the Data Centers segment, the order intake almost tripled to €305 million (2020: €107 million) while sales were slightly reduced to €180 million (2020: €224 million) due to project shifts to 2022.
EMEA region again the strongest in terms of sales, APAC records largest growth rate in sales and order intake
From a regional perspective, with €2.4 billion, EMEA accounted for almost 50% of total sales (2020: €2.4 billion). In the APAC region, sales increased significantly by almost 70% to €1.7 billion (2020: €1.0 billion) – accounting for almost 35% of total sales. Sales in AMER rose slightly from €407 million to €423 million. In addition to the regions, the business area Technology and Services is also a reporting segment with sales increasing by almost 20% to €427 million (2020: €356 million).
"We once again delivered remarkable results in our business segments and regions," says Peter Schönhofer, CFO of Exyte. "Last year we again outperformed our financial goals: we achieved a record level order intake and again significantly increased our sales. Thanks to the higher sales as well as the ongoing streamlining and standardization of processes, we also improved our profitability and increased our adjusted EBIT by almost 25%. Our clear goal is to continue our profitable growth and to boost our profitability even more. For 2022, we have budgeted to grow sales organically by more than 20% to a new record level of around €6 billion along with EBITDA of around €400 million and EBIT of around €360 million, an increase in both cases of over 35%."
Exyte to continue its next level of growth aiming to hit a sales level of €10 billion already in five years with various initiatives planned to accelerate profitable growth
The unprecedented results of 2021 mark the beginning of a next level of growth in Exyte's history. With a clearly defined core business and distinct target countries, Exyte is pursuing an ambitious growth objective: the company is on its "Pathway to Ten" and will reach a level of around €6.0 billion in sales in the current year, planning to reach a sales level of €10.0 billion by 2027. Exyte is following a dedicated future agenda for accelerated profitable growth and global impact to sustainably benefit from the secular trends in its focus industries and to take the company to the next level of growth - Next Level Exyte. The future agenda, which incorporates the already initiated "Strategy 2025," combines plans and initiatives in various areas:
- Leveraging growth potential and strictly focusing on new market requirements – especially in the booming semiconductor production worldwide, the rising battery manufacturing – particularly in Europe – as well as individual pharmaceutical and biotech production focusing on both the European and the US market.
- Strengthening of business development and expanding customer relationships – with a focus on global and regional key accounts.
- Boosting and expanding the core business through acquisitions – with dedicated further acquisition targets already on the agenda and in preparation.
- Pushing the global recruiting and personnel development initiatives across all segments to manage the demand dynamics – after having increased staff by over 50% in 2021, another 1,500 to 2,000 hires are planned in 2022, aiming at 12,000 to 13,000 employees worldwide within the next 5 years.
- Expanding the global footprint but at the same time becoming "One Global Company" – by intensifying the harmonization of processes, structures, and systems worldwide.
Dr. Wolfgang Büchele concluded, "With the foundation of Exyte, we strategically transformed the company into a leading player focusing on innovative solutions in key technology driven industries worldwide. We are pursuing an unprecedented growth path: after record-breaking results last year and a considerable growth momentum based on our substantial order backlog, we are reaching the next level of our growth story. By further focusing on our booming client markets, expanding our global footprint in line with client needs, and by broadening our portfolio through selective M&A, we have bright future prospects: within five years we aim at successfully completing our 'Pathway to Ten' by exceeding the €10 billion sales mark – as a globally integrated, high-performing company, being the employer of choice in all our businesses."
Key Financial Figures at a Glance
For more details about our record level financial year 2021 and the strategic plans for Exyte's next level of growth, please visit our annual results landing page and our company LinkedIn account.
Besides the annual report you will find statements by our top management as well as fact-filled texts with descriptive graphics highlighting our record level figures.
About Exyte
Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, we serve clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of turnkey solutions with the highest standards in safety and quality to our customers worldwide. We create a better future by enabling key industries to enhance the quality of modern life. In 2021, Exyte generated sales of EUR 4.9 billion with around 7,400 employees worldwide.
Contact
Adriana Williams
Vice President Corporate Communications
& Investor Relations
+49 711 8804 1489
adriana.williams@exyte.net
www.exyte.net
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| 2022-04-11T10:51:18Z
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Werner Brings More Than Two Decades of Pharmaceutical Leadership to the Role
CAMBRIDGE, Mass., April 11, 2022 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, today announced it has strengthened its executive leadership team with the appointment of Michelle C. Werner to the dual role of CEO-Partner of Flagship Pioneering and Chief Executive Officer of Alltrna. Werner brings to Flagship significant experience as a global pharmaceutical leader spanning both Commercial and Research and Development (R&D) responsibilities.
Werner most recently served as Worldwide Franchise Head, Solid Tumors at Novartis Oncology. In this role, she was responsible for delivering the disease area strategies across multiple tumors and led business development efforts to strengthen the long-term portfolio value for the franchise.
"Flagship and our companies will benefit tremendously from Michelle's proven expertise in advancing and commercializing promising innovations on a global scale," said Noubar Afeyan, Ph.D., Founder and Chief Executive Officer, Flagship Pioneering. "Michelle is the latest example of the growing number of highly skilled leaders joining Flagship Pioneering in this unique dual role, and I look forward to her contributions across the entire ecosystem."
"I am delighted to join Flagship Pioneering as CEO-Partner and to work closely with the Flagship leadership team to develop breakthrough innovations that have a significant impact on the health of people and our planet," said Michelle C. Werner, CEO-Partner, Flagship Pioneering and CEO, Alltrna. "Leading Alltrna combines both my experience and my passions, and I am eager to help the team realize the full therapeutic potential of tRNA across a wide range of diseases."
"Alltrna's platform unlocks tRNA biology to design and develop therapeutics to regulate the protein universe and resolve disease," said Lovisa Afzelius, Ph.D., Origination Partner, Flagship Pioneering and Founding CEO, Alltrna. "I am thrilled to welcome Michelle to Alltrna, whose leadership will guide the company to deliver on its promise of treating thousands of diseases with a single tRNA medicine."
About Michelle C. Werner
Prior to serving at Novartis, Werner was a senior leader at AstraZeneca (AZ), where she held multiple positions during her five-year tenure. As Global Franchise Head in Hematology, she was critical in launching multiple indications worldwide for CALQUENCE® and was responsible for developing the mid- and long-term strategy for AZ in hematology. Prior to this role, Werner served as Head of US Oncology where she led the business through dramatic growth in both team and revenue through more than eight product launches. She also served as Country President for the Nordics and Baltics, where she was an elected board member to Sweden's pharmaceutical industry association.
Previous to AZ, Werner was with Bristol-Myers Squibb for 10 years in various positions of increasing responsibility including roles in sales, marketing, and market access in the US and UK, and above market in Europe (based in France) and Global, almost exclusively in oncology. She started her professional career in R&D, working hands-on with patients at the Oncology Clinical Trials Unit at Harvard Medical School before moving into industry in clinical operations.
Werner is a board member for the non-profit organization Rare Disease Renegades. She received a BA in Biology and Anthropology from the University of Pennsylvania and an MBA from the London Business School. She also completed an Executive Education program for Women on Boards at Harvard Business School in 2018.
About Flagship Pioneering
Flagship Pioneering conceives, creates, resources, and develops first-in-category bioplatform companies to transform human health and sustainability. Since its launch in 2000, the firm has, through its Flagship Labs unit, applied its unique hypothesis-driven innovation process to originate and foster more than 100 scientific ventures, resulting in more than $140 billion in aggregate value. To date, Flagship has deployed over $2.6 billion in capital toward the founding and growth of its pioneering companies alongside more than $19 billion of follow-on investments from other institutions. The current Flagship ecosystem comprises 42 transformative companies, including Axcella Therapeutics (NASDAQ: AXLA), Codiak Biosciences (NASDAQ: CDAK), Denali Therapeutics (NASDAQ: DNLI), Evelo Biosciences (NASDAQ: EVLO), Foghorn Therapeutics (NASDAQ: FHTX), Indigo Ag, Moderna (NASDAQ: MRNA), Omega Therapeutics (NASDAQ: OMGA), Rubius Therapeutics (NASDAQ: RUBY), Sana Biotechnology (NASDAQ: SANA), Seres Therapeutics (NASDAQ: MCRB), and Sigilon Therapeutics (NASDAQ: SGTX).
Media Contact
press@flagshippioneering.com
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| 2022-04-11T10:51:25Z
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TORONTO, April 11, 2022 /PRNewswire/ - FlipGive today announces the launch of the leading, all-in-one platform for team fundraising, budgeting and finances. This continues the company's mission to make sports more affordable and accessible for youth across North America. Having identified an equality gap in youth sports, FlipGive has tipped the financial scale for more than 50,000 teams, allowing more kids to access the physical and mental health benefits of sports.
FlipGive began with the goal of reducing the cost to play for families. By shopping for everyday items with more than 700 popular brands and retailers, teams and their supporters earn cashback rewards that are used to cover expenses including tournaments, player fees, and equipment. The platform now also includes easy-to-use financial tools that help busy team managers, parents and volunteers with budget planning, fee collection, tracking and transparency.
"We are thrilled to now offer an end-to-end solution for teams, alleviating the massive burden on volunteers who, in addition to being busy parents, have to manage team finances," said Mark Bachman, CEO. "You can't put a price tag on the benefit of sports and recreational activities in a kid's life. We have always aimed to remove barriers to accessing sports by lowering the cost associated with playing and by helping team managers save time, that should include managing team finances."
The FlipGive platform has already had a significant impact on hundreds of thousands of families across North America having raised over US$25 million for youth sports teams. Momentum continues to build as FlipGive achieves record quarterly growth, member engagement, and team fundraising milestones.
"Thousands of children everyday are denied the ability to participate in competitive sports and activities," said Peter Misek, Founding Partner at Framework Venture Partners. "FlipGive began by solving the fundraising gap but realized the friction for access doesn't end there. Parent volunteers are forced to use personal bank accounts, funds and spreadsheets to organize and manage team activities. These burdens have become overwhelming. FlipGive now also removes this burden and friction, and brings much-needed simplicity to the lives of managers and treasurers, while lessening the risk of mistakes, mismanagement and fraud."
"FlipGive has transformed how our teams fundraise, plan and track our team budgets," said Stacy Carli, a multi-year FlipGive user and treasurer at Durham Attack Volleyball Club. "FlipGive lets us use our regular spending to lower player costs and the team money tools help standardize the financial processes for our teams, making it easier for me to support our parent representatives."
Product Features
FlipGive Shop
- Simplify team fundraising through everyday spending
- Earn cashback rewards on purchases at 700+ popular brands and retailers
- Fund team and player expenses - lowering the cost to play - through cashback earnings
FlipGive Budget
- Streamline seasonal budgets and planning
- Schedule reminders to collect player fees and make reimbursements
- Track income and expenses with ease
- Ensure transparency through easy-to-use reporting features
FlipGive Banking*
- Open a no-monthly fee, secure, online team account, which includes a 1% cashback debit card
- Complete the account opening process online, without setting foot in a bank branch
- Centralize team banking* in one account, separate from personal accounts
FlipGive Shop and Budget are available now across Canada. The complete team money platform, including FlipGive Banking,* is available in the U.S. and will be available in Canada later this year.
*FlipGive is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank, N.A.; Member FDIC. FlipGive Debit Card is issued by Blue Ridge Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and can be used anywhere Visa cards are accepted.
Founded in 2016, FlipGive offers youth sports teams free tools to make and manage money so they can play more and spend less. From preseason to postseason, teams shop and earn cashback toward expenses, manage their banking and budget, collect fee payments, and more. Teams across North America have earned US $25M and counting. FlipGive is a certified B-Corporation. For more information, please visit flipgive.com.
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https://www.whsv.com/prnewswire/2022/04/11/flipgive-launches-only-end-to-end-fundraising-financial-management-platform-specifically-designed-youth-sports-teams/
| 2022-04-11T10:51:31Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") announced today that the Company has replaced its existing credit facility with a new, $1.45 billion corporate revolving credit facility (the "Credit Facility") that has a 4.5-year term and improved pricing that is 15 basis points lower than the facility it replaced. The Credit Facility will be administered by Key Bank, N.A. and includes two six-month extension options. The interest rate on the Credit Facility adjusts based on the leverage ratio, with a minimum rate of 1.30% over the currency-specific benchmark rate and a maximum of 1.90% over the currency-specific benchmark rate.
"Building on the strength of our acquisitions and leasing success, I am pleased to announce the recast and expansion of our corporate credit facility on what we believe to be very attractive terms," said James Nelson, CEO of GNL. "In order to capture the full benefit of an active corporate syndication market and lock in certainty with respect to terms and pricing, we proactively replaced the prior facility more than a year before its maturity date. With an accordion feature that could expand the facility up to nearly $2 billion, we believe this transaction further strengthens our balance sheet and provides flexibility for execution of our growth strategy as we seek to continue acquiring high-quality industrial, distribution and office properties."
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Company's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global coronavirus pandemic, including actions taken to contain or treat the coronavirus, on the Company, the Company's tenants and the global economy and financial markets as well as those risks and uncertainties set forth in the Risk Factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022, and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in the Company's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.
Contacts:
Investors and Media:
Email: investorrelations@globalnetlease.com
Phone: (212) 415-6510
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SOURCE Global Net Lease, Inc.
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| 2022-04-11T10:51:42Z
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SINGAPORE and HONG KONG, April 11, 2022 /PRNewswire/ -- Great Wall Capital Co., Ltd. announced today that it has joined the co-investment with Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited in acquiring Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) on a non-binding basis.
Recco and Dazheng issued a press release on March 21, 2022, announcing the strategic cooperation memorandum of understanding entered into among Great Wall Capital, Recco and Dazheng. At this stage, there can be no assurance that any agreement with the board of Hollysys could be reached in respect of a potential acquisition of Hollysys.
About Great Wall Capital Co., Ltd.
Great Wall Capital Co., Ltd. is a Beijing-based private equity investment firm under China Great Wall Asset Management Co., Ltd., one of the four Chinese state-owned asset management companies.
About Recco
Recco Control Technology Pte. Ltd is a Singapore-incorporated investor in the automation industry and was founded by Mr. Ke Lei, a veteran in the automation industry in China.
Contact:
Mr. Ke LEI, Tel. +86 139 0290 1093
E-Mail: leike@reccogroup.com
About Dazheng
Dazheng Group (Hong Kong) Investment Holdings Company Limited is a Hong Kong-incorporated financial investor founded by sophisticated entrepreneurs and investment banking professionals.
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words "believe," "envision," "will," "expect," "anticipate," "intend," "estimate," "plan" and similar expressions. Although the management of Great Wall Capital, Recco and Dazheng believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of any of Great Wall Capital, Recco and Dazheng, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Other than as required by applicable law, none of Great Wall Capital, Recco and Dazheng undertakes any obligation to update or revise any forward-looking information or statements.
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SOURCE Great Wall Capital Co., Ltd.
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https://www.whsv.com/prnewswire/2022/04/11/great-wall-capital-co-ltd-join-co-investment-hollysys-with-recco-control-technology-pte-ltd-dazheng-group-hong-kong-investment-holdings-company-limited/
| 2022-04-11T10:51:49Z
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HOUSTON, April 11, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced that senior management will present at the Bank of America 2022 Auto Summit on Wednesday, April 13, 2022, at the JW Marriott Essex House in New York City. The presentation is scheduled to begin at 9:45 a.m. ET.
The presentation for this event will be simulcast live on the Internet at http://www.group1corp.com/events. A softcopy of the Company's presentation material provided at the conference will also be available within http://www.group1corp.com/events and within the Investor Relations section of Group 1's website at http://www.group1corp.com/company-presentations.
ABOUT GROUP 1 AUTOMOTIVE, INC. Group 1 owns and operates 202 automotive dealerships, 268 franchises, and 46 collision centers in the United States and the United Kingdom that offer 34 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1auto, and www.twitter.com/group1auto.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our strategic investments, goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain an inventory of desirable new and used vehicles, (e) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (f) our cost of financing and the availability of credit for consumers, (g) our ability to complete acquisitions and dispositions and the risks associated therewith, (h) foreign exchange controls and currency fluctuations, (i) the impacts of COVID-19 on our business, (j) the impacts of any potential global recession, (k) our ability to maintain sufficient liquidity to operate, (l) the risk that proposed transactions will not be consummated in a timely manner, and (m) our ability to successfully integrate recent and future acquisitions. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
Investor contacts:
Jason Babbitt
Vice President, Treasurer
Group 1 Automotive, Inc.
jbabbitt@group1auto.com
Media contacts:
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com
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https://www.whsv.com/prnewswire/2022/04/11/group-1-automotive-present-bank-america-2022-auto-summit-new-york-city/
| 2022-04-11T10:51:55Z
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SHANGHAI, April 11, 2022 /PRNewswire/ -- InventisBio Co., Ltd., a clinical-stage biotech company based in Shanghai, China has published the clinical data of their oral KRAS G12C inhibitor D-1553, for the first time in cancer patients. These data are presented in two e-posters at the annual meeting of American Association of Cancer Research held on Apr 8-13 in New Orleans.
KRAS G12C mutation is an oncogenic driver that occurs in approximately 15% of non-small cell lung cancer (NSCLC), 3% of colorectal cancer (CRC), and ~1% of several other solid tumors. D-1553 is a novel, potent and orally bioavailable KRAS G12C inhibitor developed by InventisBio. In a phase I international multi-center trial in patients with advanced or metastatic solid tumors harboring KRAS G12C mutation, D-1553 was evaluated in 22 patients and well tolerated without any dose limiting toxicity. Among 21 evaluable patients, a confirmed tumor objective response rate (ORR) of 19.0% was observed and a disease control rate (DCR) of 85.7% was achieved. Tumor response was seen at dose levels as low as 300 mg per day. In another study focusing on patients with NSCLC harboring KRAS G12C mutation, a group of 59 patients were included in the analysis and 52 of them were evaluable for tumor response. An ORR of 40.4% and a DCR of 90.4% were achieved, respectively. These are patients with advanced or metastatic cancers most of whom have been treated with two or more lines of systemic anticancer therapy.
"We are very excited to report our clinical data of D-1553 at the 2022 AACR Annual Meeting. D-1553 is a key component of our clinical pipeline which covers therapeutic areas in cancer and metabolic disease. To our knowledge, this is the largest publicly reported population of patients that are treated with a KRAS G12C inhibitor developed completely in-house in China. We are committed to advancing this drug in more clinical studies to further assess its efficacy both as a single agent and in combination with other therapeutic agents in cancer patients and hope to make it available to them as a new treatment choice in the future," said Yaolin Wang, the CEO of InventisBio.
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SOURCE InventisBio Co., Ltd
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https://www.whsv.com/prnewswire/2022/04/11/inventisbio-reported-promising-phase-i-study-results-novel-kras-g12c-inhibitor-d-1553-cancer-patients/
| 2022-04-11T10:52:02Z
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BOLIDEN, Sweden, April 11, 2022 /PRNewswire/ -- Boliden will announce its Interim Report for the first quarter 2022 on Thursday 28 April at 07.45 (CET). A press and analyst conference will be held on the same day at 09.30, which can be followed via webcast and telephone.
The report will be presented by Boliden's President and CEO Mikael Staffas, and CFO Håkan Gabrielsson.
To participate, please call 5 minutes before the opening of the conference:
- from Sweden +46 856642651
- from United Kingdom +44 3333000804
- from United States +1 6319131422
PIN Code: 69409035#
The presentation will be held in English via live webcast at www.boliden.com.
For further information:
Olof Grenmark, Director Investor Relations
Email: olof.grenmark@boliden.com
Phone: +46 70-291 5780
This information was brought to you by Cision http://news.cision.com
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| 2022-04-11T10:52:09Z
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Multi-year agreement designates PointsBet Canada as an Official Sports Betting Partner
TORONTO, April 11, 2022 /PRNewswire/ -- PointsBet Canada and Maple Leaf Sports & Entertainment (MLSE) have agreed to a new multi-year agreement that would see PointsBet become an Official Sports Betting Partner of MLSE's professional teams: Toronto Maple Leafs (NHL), Toronto Marlies (AHL), Toronto Raptors (NBA), Toronto Argonauts (CFL), and Toronto FC (MLS).
"This is a historic deal for PointsBet Canada," said Scott Vanderwel, Chief Executive Officer of PointsBet Canada. "You rarely get the opportunity to partner with an organization that spans across all four professional leagues through the Toronto Maple Leafs and Toronto Raptors, Toronto FC and the Toronto Argonauts, and offers year-round entertainment within the sports market in Canada. We are thrilled to be partnering with MLSE on this innovative and exciting relationship."
PointsBet, a cutting-edge bookmaker originally founded in the mature sports wagering market of Australia, has quickly become one of the fastest growing operators in North America. On April 4, PointsBet Canada officially entered the country's new legal sports wagering market, accepting its first bet just 50 seconds into the launch of Ontario's regulated market. The company prides itself on offering unmatched speed and ease of use across every customer touchpoint, as well as the deepest slate of pre-game and in-play betting options in the world, thanks to owning and controlling its technology.
"We happily welcome PointsBet Canada as a partner of the Maple Leafs, Raptors, TFC and Argos as they enter the Ontario market with a well-established reputation in the sports betting industry," said Jordan Vader, Senior Vice President, Global Partnerships, MLSE. "We look forward to utilizing our partnership to provide 19+ fans of our teams with new and different ways of interacting and engaging with the sports they love with a trusted operator in PointsBet that prioritizes responsible gaming."
"MLSE's franchises are some of our country's most iconic teams," added Nic Sulsky, Chief Commercial Officer for PointsBet Canada. "We are excited to partner with an organization where winning and delivering championships is part of their DNA and resonates with fans across Ontario and Canada."
About PointsBet:
PointsBet is a corporate bookmaker listed on the Australian Stock Exchange with operations in Australia, the United States, Canada and Ireland. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients innovative sports and racing wagering products, advance deposit wagering on racing (ADW) and iGaming.
For further information please contact:
PointsBet Canada
Patrick Eichner
Senior Director, Communications
patrick.eichner@pointsbet.com
MLSE
Charzie Abendanio
Manager, Communications
charzie.abendanio@mlse.com
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https://www.whsv.com/prnewswire/2022/04/11/maple-leaf-sports-amp-entertainment-pointsbet-canada-announce-new-partnership/
| 2022-04-11T10:52:15Z
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PALM BEACH COUNTY, Fla., April 11, 2022 /PRNewswire/ -- Today, NeuroBehavioral Hospitals of the Palm Beaches (NBH) announced it will be opening two locations, North and South, to increase access to mental health care in Palm Beach County. NBH-North opened on April 11 in the space previously occupied by the St. Mary's Institute for Mental Health at 993 45th Street, West Palm Beach, Florida. NBH-North is licensed as a hospital provider of Baker Act emergency treatment services as well as providing outpatient services. NBH-South, a specialized hospital capable of serving voluntary patients who require additional treatment or have medical complexities, will open approximately eight weeks later at the space previously occupied by the Watershed Treatment Center at 4905 Park Ridge Blvd, Boynton Beach, Florida. These new facilities will provide high quality, evidence-based services in best-in-class environments, to individuals experiencing a mental health condition who require inpatient hospitalization.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9021651-neurobehavioral-hospitals-of-the-palm-beaches-new-locations/
The Health Care District's mission is to recognize and bridge gaps of the health care needs within our community, and we see a huge need in our mental health delivery of services." said, Darcy J. Davis, CEO of the Health Care District. "Partnering with NeuroBehavioral Hospitals, who is committed to raising the standards of mental health care that is grounded in evidence based, quality treatment planning will be a much-needed health care provider for our community at a perfect time."
"NeuroBehavioral Hospitals will provide compassionate healthcare to individuals suffering with mental illness," said Beau Lynch, CEO of NeuroBehavioral Hospital of the Palm Beaches. "Since the closure of the Jerome Golden Center in 2019 and subsequent consolidation of services by other providers, access to care in Palm Beach County has been severely limited. Our NBH North and South locations are the first step at reversing this trend and raising the standard of mental healthcare. Our goal is to improve health and transform lives and NeuroBehavioral Hospitals of the Palm Beaches will change the way mental healthcare is provided in the communities we serve."
"Our NeuroBehavioral care model uses a fully integrated interdisciplinary team approach to provide individualized, comprehensive mental health care to each patient." said Dr. Paul Rashid, Chief Medical Officer. "The interdisciplinary team's goal is to consider the individual complexities of each patient and personalize each treatment plan for the most optimized outcomes."
"We are thrilled to be working with NBH and look forward to collaborating with likeminded providers committed to improving the behavioral health care and improving access to our community." said, Ann M. Berner, CEO at Southeast Florida Behavioral Health Network. "In 2019 after the closure of the Jerome Golden Center, and subsequent behavioral health closures, our community has lost 104 inpatient mental healthcare beds which was a blow to our integrated delivery system at a critical time. Now that NBH North and South campuses are coming online, Florida is, for the first time in years, gaining a much-needed addition beds, bringing a total number of NBH mental health inpatient beds in Palm Beach County to 114."
NeuroBehavioral Hospitals is committed to raising the standard of mental health care. With nearly twenty years of experience providing evidence-based, trauma-informed programs in a variety of inpatient, residential, and outpatient settings, NeuroBehavioral Hospitals of the Palm Beaches and its affiliated sites currently provide mental health and substance use disorder treatment to approximately 3,000 patients in ten states. Learn more at www.nbhospitals.com.
CONTACT:
Judy Q. Lilley
judy.lilley@nbhospitals.com
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SOURCE NeuroBehavioral Hospitals of the Palm Beaches (NBH)
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https://www.whsv.com/prnewswire/2022/04/11/neurobehavioral-hospitals-palm-beaches/
| 2022-04-11T10:52:21Z
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FARMINGTON, Conn., April 11, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 25, 2022, at 8:30 a.m. EDT. Otis Chair & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss the company's first quarter results and the outlook for 2022.
Participants are encouraged to listen live via webcast on www.otis.com. To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins. Please allow 15 minutes before the scheduled start time to connect to the teleconference.
A corresponding presentation and news release as well as additional investor materials will be available on www.otis.com prior to the call and a recording of the call will be made available on the website later in the day.
Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain more than 2.1 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 70,000 people strong, include 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.
Media Contact:
Katy Padgett
+1-860-674-3047
kathleen.padgett@otis.com
Investor Relations Contact:
Michael Rednor
+1-860-676-6011
investorrelations@otis.com
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SOURCE Otis Worldwide Corporation
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https://www.whsv.com/prnewswire/2022/04/11/otis-first-quarter-2022-earnings-advisory/
| 2022-04-11T10:52:28Z
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On first day, over 10,000 first movers from around the world sign up
OSLO, Norway, April 11, 2022 /PRNewswire/ -- Reltime launched its revolutionary global decentralised financial (DeFi) ecosystem today, with over 10,000 people signing up on www.reltime.com.
To celebrate this milestone, Reltime organised a virtual Global Launch Party on Monday morning in the presence of CEO, founder and inventor Frode van der Laak and many of Reltime's first movers.
Reltime is the first blockchain company to have created a unique global platform from scratch, including and offering borderless joint accounts to its users world-wide. Reltime has developed a next-generation, hybrid financial technology and DeFi ecosystem on top of its permissioned, PoA (Proof-of-Authority) blockchain.
Reltime's personal and business users are able to benefit from highly-secure, transparent and fast transaction speeds of 2-3 seconds on average, utilising dApps, smart contracts and other Reltime features such as guaranteed, automatic collateral. Unlike many banking and fintech industry players, the company cuts out the middleman for all its financial services offered on the Reltime platform.
Commenting on the global launch, Frode van der Laak said: "We are excited to have launched our platform today, giving Reltime's users the opportunity to be totally in charge of their own financial services within our ecosystem. Later this month, Reltime will roll-out its services in over 130 counties. Instead of using SWIFT and traditional lending platforms, Reltime is available 24/7/365, allowing personal and business users to interact and transact without any time constraints, and earn on interest)."
Reltime's beta app for iOS and Android currently includes:
- almost gas-free transaction fees;
- very easy to send and receive funds to users' phone contacts;
- settlement time of between 2-3 seconds, on average;
- Reltime users can offer loans to the Reltime marketplacewith collateral and limited lending risk;
- peer-to-peer lending and borrowing, whereby users themselves are able to set their own terms, interest rate and collateral (with or without).
- users having full control over Reltime's services and with whom they wish to interact and communicate;
- creating joint accounts between two or more users globally and being able to manage the accessibility of such accounts in relation to withdrawals and deposits;
Reltime has created a digital asset called RTO (Reltime Oxygen), which is a stable coin used within the ecosystem.
The firm has listed the RTC token, which plays an important role in Reltime's ecosystem operation. Benefits for RTC owners include:
- by holding the token, owners can benefit from an Interest reduction if they borrow from anyone within the Reltime ecosystem;
- receiving dividends on ecosystem earnings, such as transaction and gas fees, interest payments, business-to-business and openAPI services as well as other future revenues.
During Reltime's Global Launch Party, Reltime's CEO announced two additional RTC listings, on P2PB2B and INDOEX. Reltime has already been listed on BitMart and CoinTiger since November and December 2021, respectively. The company successfully carried out an initial exchange offering (IEO) in October 2021 on BitMart.
Each and every newly-registered Reltime user will receive a welcoming reward of RTC 1,000. In addition, Reltime offers a RTC 500 referral reward to users for signing up their friends and family.
Reltime for developers
Reltime's OpenAPI can be used by developers to build their own dApps on top of the Reltime blockchain.Additional features and services will be introduced later this year, such as:
- the Reltime biometric payment card (anticipated in the third quarter 2022);
- launching digital financial services for several metaverse platforms (anticipated in the fourth quarter 2022);
- DeFi FX exchange, Reltime's swap service (a truly cost-reducing micro exchange between different digital assets);
- a NFT marketplace as well as a number of other dApps on the Reltime blockchain; and
- Whitelabelling of Reltime's applications.
For media enquiries:
Chief Communications Officer
Reltime AS
Tel.: +4740769988
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| 2022-04-11T10:52:34Z
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SÖDERTÄLJE, Sweden, April 11, 2022 /PRNewswire/ -- In a judgment rendered earlier this year, the General Court of the EU found in favour of the EU Commission that Scania had violated EU antitrust rules. Scania has now appealed against this judgment, to the European Court of Justice.
On 27 September 2017, the European Commission adopted a decision holding Scania liable to pay a fine of more than 880 MEUR for allegedly having participated in inappropriate exchanges of information and collusion with other European truck manufacturers with regard to pricing and the introduction of emissions technologies during the period of 1997-2011.
Scania appealed to the General Court later the same year. On 2 February 2022, the General Court rendered a judgment that confirmed the EU Commission's findings against Scania, dismissed Scania's appeal entirely and upheld the amount of fines as set by the EU Commission.
Scania still contests all findings of the EU Commission, as subsequently confirmed by the General Court, and maintains that the company neither entered into any pan-European agreement with other manufacturers with regard to pricing, nor colluded to delay the introduction of new engines compliant with EU legislation for exhaust emissions.
Scania therefore filed an appeal on 8 April 2022 against the General Court's judgment, to the European Court of Justice as the last court of instance in the EU.
For further information, please contact:
Erik Bratthall, Corporate Public and Media Relations Manager, Scania
Phone: +46 76 724 45 27
E-mail: erik.bratthall@scania.com
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SOURCE Scania
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https://www.whsv.com/prnewswire/2022/04/11/scania-appeals-against-judgment-by-eu-general-court-case-alleged-violations-eu-antitrust-rules/
| 2022-04-11T10:52:41Z
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WIETMARSCHEN-LOHNE, Germany, April 11, 2022 /PRNewswire/ -- Pivoton becomes part of the zvoove Group – Accelerated expansion of zvoove's market leadership in the European market for temporary staffing software – Excellent prospects for Pivoton's customers and employees.
The zvoove Group is joining forces with Pivoton Software B. V., one of the largest providers in the market for temporary staffing software in the Netherlands. As a result, zvoove is expanding into another European country with its software for temporary staffing providers. "The Netherlands is one of the most important markets for temporary staffing companies worldwide. The merger has a high strategic value for us and further expands our European market leadership," explains zvoove CEO Oliver Muhr. "At the same time, our customers in Germany and Switzerland will benefit from the transaction, as we now have even more temporary staffing market experts within Europe which are driven to deliver further competitive advantages via innovative software to our customers."
Pivoton has a long history of success in the Netherlands and is one of the leading SaaS providers in the Dutch market for temporary staffing software. Pivoton's SaaS software packages allow customers to establish fast, highly efficient and legally compliant processes from recruiting to billing and payment of employees, which, complemented by other services from Pivoton and its ecosystem of partner companies, bring significant competitive advantages to customers. The company stands for quality, efficiency, innovation and connectivity. The head office is located in Ede, the Netherlands.
As the newest business unit, Pivoton benefits from the strength of the zvoove Group. "The merger opens up excellent prospects and new opportunities for Pivoton's employees and customers. This strengthens our position in the market enormously and we are excited by this growth opportunity," affirms Pivoton CEO Paul van den Bosch. Pivoton CTO Bart Hemmer adds: "By joining forces with zvoove, we can now invest even more and offer our customers further competitive advantages through additional innovation and software offerings."
About zvoove
The zvoove Group develops and sells innovative software solutions for temporary staffing, facility management and the event industries. With more than 3,000 customers and 330 employees, zvoove was formed as the result of the merger of LANDWEHR, rhb, prosoft, BackOffice, and Leviy. The company is located in Germany, Switzerland and the Netherlands.
Contact zvoove
zvoove Group GmbH
von-Humboldt-Str. 2
49835 Wietmarschen-Lohne
press@zvoove.com
+49 (0) 5908 938-0
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SOURCE zvoove Group GmbH
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https://www.whsv.com/prnewswire/2022/04/11/zvoove-further-expands-market-leadership-europe-through-merger-with-dutch-saas-provider-pivoton/
| 2022-04-11T10:52:48Z
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Caught on camera: Man rescues driver after car plunges into Houston port
HOUSTON (KTRK) - A Texas man saved a driver from drowning after the man’s car plunged off a boat ramp in Houston.
The U.S. Coast Guard honored Cody Moore with one of its highest civilian honors for his lifesaving efforts on New Year’s Eve 2021 at the Lynchburg Ferry boat ramp in the Port of Houston. Surveillance video of the rescue was recently released.
Cody Moore and his family had just arrived at the nearby Monument Inn for dinner when the car came whizzing by and launched into the water. The father of five rushed to the car. He initially tried to talk to the driver, but a few moments later, he jumped in.
“When he said, ‘Call 911′ and I was running to the car to get something, I knew he was going in the water. I knew that he wouldn’t just stand by,” said Cody’s wife, Karen Moore.
Somehow, Cody Moore was able to convince the driver, in his 60s, to try and open the window.
As the car quickly sank, the man got out through the window. Cody Moore scooped him up and swam him to the shore.
Neighbors having dinner with the family captured the dramatic scene. They also used their shirts as a rope to get the two men onto the ramp.
Miraculously, nobody was seriously hurt.
“Whenever it happened, it seemed so surreal. I didn’t understand the gravity of it because he got out, he was soaking wet and we went and had dinner,” Karen Moore said.
While New Year’s Eve came and went, Cody Moore’s heroic efforts weren’t forgotten. The U.S. Coast Guard honored him Friday with a certificate of merit as his whole family watched with pride.
“It is really dangerous, and because he did it for someone else, I was really proud of him,” said Cody’s daughter, Ellen Moore.
Copyright 2022 KTRK via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/11/caught-camera-man-rescues-driver-after-car-plunges-into-houston-port/
| 2022-04-11T10:54:38Z
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Ukraine digs in to fight Russia’s looming eastern offensive
KYIV, Ukraine (AP) - A showdown looms in Ukraine after Russia appointed a new military commander and looked to concentrate its attacks in the east, while Ukraine’s president said his troops will hold their ground, urging Western leaders, in particular President Joe Biden, to do more.
Ukrainian President Volodymyr Zelenskyy warned Sunday in a nightly address that this week will be as crucial as any during the war, saying “Russian troops will move to even larger operations in the east of our state.”
Ukraine’s fate as the war shifts south and east depends on whether the United States will help match a surge in Russian weaponry, he said, echoing comments he made in an interview with The Associated Press on Saturday.
“To be honest, whether we will be able to (survive) depends on this,” Zelenskyy said in a “60 Minutes” interview. “Unfortunately, I don’t have the confidence that we will be receiving everything we need.”
Zelenskyy said he was grateful to Biden for U.S. military aid to date but added that he “long ago” forwarded a list of specific items Ukraine desperately needed.
“He has the list,” Zelenskyy said. “President Biden can enter history as the person who stood shoulder to shoulder with the Ukrainian people who won and chose the right to have their own country. (This) also depends on him.”
WARNING: Videos may contain graphic content.
Austrian Chancellor Karl Nehammer was due to meet Monday in Moscow with Putin, after meeting with Zelenskyy in Kyiv. Austria, a member of the European Union, is militarily neutral and not a member of NATO.
Also Monday, New Zealand’s Prime Minister Jacinda Ardern said it was sending a military transport plane and a support team of 50 to Europe to carry much-needed equipment and supplies to key distribution centers.
More than six weeks of war in Ukraine has flattened cities, killed untold thousands and isolated Moscow economically and politically, and experts say the next phase of the battle may begin with a full-scale offensive that could determine the course of the conflict.
Questions remain about the ability of depleted and demoralized Russian forces to conquer much ground after their advance on the capital, Kyiv, was repelled by determined Ukrainian defenders. Britain’s Defense Ministry says Russia is trying to compensate for mounting casualties by recalling veterans discharged in the past decade.
In his Sunday night address, Zelenskyy also accused Russia of trying to evade responsibility for war crimes in Ukraine.
“When people lack the courage to admit their mistakes, apologize, adapt to reality and learn, they turn into monsters. And when the world ignores it, the monsters decide that it is the world that has to adapt to them,” Zelenskyy said.
“The day will come when they will have to admit everything. Accept the truth,” he added.
Ukrainian authorities accuse Russian forces of committing war crimes against civilians, including airstrikes on hospitals, a missile attack that killed at least 57 people at a train station and other violence.
In another report of atrocities, the village of Buzova outside the capital, Kyiv, charred vehicles and buildings marked an area where local official Taras Didych told Ukrainian media Sunday that bodies showing “evidence of execution” were found after Russian forces withdrew from the region. It was unclear how many bodies were discovered.
Buzova is near Bucha, another of the towns near Kyiv, where hundreds of bodies, many with their hands bound and signs of torture, were found after the Russian retreat. Russia has falsely claimed the scenes in Bucha were staged.
In Washington, a senior U.S. official said Russia has appointed Gen. Alexander Dvornikov, one of its most seasoned military chiefs, to oversee the invasion. The official was not authorized to be identified and spoke on condition of anonymity.
Until now, Russia has had no central war commander on the ground.
Dvornikov, 60, takes over as Russian military prepares to focus on expanding control in Ukraine’s east, where Russia-backed separatists have fought Ukrainian forces in the Donbas region since 2014, declaring some areas independent.
He gained a record for brutality as head of Russian forces deployed to Syria in 2015 to back President Bashar Assad’s government during the country’s devastating civil war.
Russian authorities do not generally confirm such appointments and have said nothing about a new role for Dvornikov, who received the esteemed Hero of Russia medal from President Vladimir Putin in 2016.
U.S. national security adviser Jake Sullivan, speaking Sunday on CNN’s “State of the Union,” played down the appointment’s significance.
“What we have learned in the first several weeks of this war is that Ukraine will never be subjected to Russia,” Sullivan said. “It doesn’t matter which general President Putin tries to appoint.”
Western military analysts say Russia’s assault increasingly is focusing on a sickle-shaped arc of eastern Ukraine — from Kharkiv, Ukraine’s second-largest city, in the north to Kherson in the south.
That could counter Russia’s earlier problem of spreading its offensive too widely over too broad a geographic area.
Newly released Maxar Technologies satellite imagery showed an 8-mile (13-kilometer) convoy of military vehicles headed south through Ukraine to Donbas, recalling images of the convoy that stalled outside Kyiv before Russia gave up trying to take the capital.
On Sunday, Russian forces shelled government-controlled Kharkiv and sent reinforcements toward Izyum to the southeast to try to break Ukraine’s defenses, the Ukrainian military command said. The Russians also kept up their siege of Mariupol, a key southern port that has been under attack and surrounded for nearly 1 ½ months.
A Russian Defense Ministry spokesman, Maj. Gen. Igor Konashenkov, said Russia’s military used air-launched missiles to hit Ukraine’s S-300 air-defense missile systems in the southern Mykolaiv region and at an air base in Chuhuiv, a city not far from Kharkiv.
Sea-launched Russian cruise missiles destroyed the headquarters of a Ukrainian military unit stationed farther west in the Dnipro region, Konashenkov said. Neither the Ukrainian nor the Russian military claims could be independently verified.
Missiles twice struck the airport in Dnipro, Ukraine’s fourth-largest city, on Sunday, the regional governor said.
In Mariupol, Russia deployed Chechen fighters, reputed to be particularly fierce. Capturing the city on the Sea of Azov would give Russia a land bridge to the Crimean Peninsula, which Russia seized from Ukraine eight years ago.
The city’s residents have lacked food, water and electricity since Russian forces surrounded the city and frustrated evacuation missions. Ukrainian authorities think an airstrike on a theater that was being used as a bomb shelter killed hundreds of civilians, and Zelenskyy has said he expects more evidence of atrocities to be found once Mariupol no longer is blockaded.
On Sunday night, Zelenskyy again appealed for more assistance. Speaking with German Chancellor Olaf Scholz, he said he discussed “how to strengthen sanctions against Russia and . . . force Russia to seek peace.”
“I am glad to note that the German position has recently changed in favor of Ukraine. I consider it absolutely logical,” Zelenskyy said.
The Institute for the Study of War, an American think tank, predicted that Russian forces will “renew offensive operations in the coming days” from Izyum, a town southeast of Kharkiv, in the campaign to conquer the Donbas, which comprises Ukraine’s industrial heartland.
But in the view of the think tank’s analysts, “The outcome of forthcoming Russian operations in eastern Ukraine remains very much in question.”
___
This story has been updated to correct that the war began just over six weeks ago, not 10 weeks.
___
Anna reported from Bucha, Ukraine. Yesica Fisch in Borodyanko, Ukraine, Robert Burns and Calvin Woodward in Washington, and Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/11/ukraine-digs-fight-russias-looming-eastern-offensive/
| 2022-04-11T10:54:44Z
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Warmer weather expected this week
Temperatures will top off in the 60s and 70s this week
After a chilly morning, temperatures will warm up fast into the 70s this afternoon. We will start off with mainly sunny skies this morning, however, clouds will increase throughout the day as a cold front approaches the region.
Most should stay dry with mainly cloudy skies this evening but showers will move through the area late tonight. With the rain and clouds, temperatures will stay mild tonight with lows in the upper 40s and low 50s.
Some showers will continue throughout the morning tomorrow. Most should dry up in the afternoon with mainly cloudy skies. Highs will top off in the upper 60s and 70s.
Most should stay dry with mainly cloudy skies on Wednesday. Mild temperatures are expected once again with highs in the 70s. Rain will push in overnight on Wednesday night as yet another cold front moves through the area. Rain and possibly a thunderstorm will move through on Thursday morning and temperatures will be cooler but seasonable with highs in the 60s.
Seasonable temperatures are expected as we finish off the week and head into the weekend. We should stay mainly dry but a few showers are possible at times heading into Easter weekend. Make sure to stay tuned and catch the latest on WVVA.
Copyright 2022 WVVA. All rights reserved.
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https://www.wvva.com/2022/04/11/warmer-weather-expected-this-week/
| 2022-04-11T10:54:52Z
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Biden to nominate new ATF chief, release ghost gun rule
WASHINGTON (AP) — President Joe Biden is nominating an Obama-era U.S. attorney to run the Bureau of Alcohol, Tobacco, Firearms and Explosives, as his administration unveils its formal rule to rein in ghost guns, privately made firearms without serial numbers that are increasingly cropping up at crime scenes.
The White House confirmed that Biden is announcing the nomination of Steve Dettlebach, who served as a U.S. attorney in Ohio from 2009 to 2016, in a Monday afternoon event. The administration is also releasing the finalized version of its ghost gun rule, which comes as the White House and the Justice Department have been under growing pressure to crack down on gun deaths and violent crime in the U.S.
Dettlebach’s confirmation is likely to be an uphill battle for the Biden administration. Biden had to withdraw the nomination of his first ATF nominee, gun-control advocate David Chipman, after the nomination stalled for months because of opposition from Republicans and some Democrats in the Senate.
Both Republican and Democratic administrations have failed to get nominees for the ATF position through the politically fraught process since the director’s position was made confirmable in 2006. Since then, only one nominee, former U.S. Attorney B. Todd Jones, has been confirmed. Jones made it through the Senate in 2013 but only after a six-month struggle. Jones was acting director when President Barack Obama nominated him in January 2013.
The Biden administration’s plan was first reported by Politico.
For nearly a year, the ghost gun rule has been making its way through the federal regulation process. Gun safety groups and Democrats in Congress have been pushing for the Justice Department to finish the rule for months. It will probably be met with heavy resistance from gun groups and draw litigation in the coming weeks.
Gun Owners of America vowed that it would immediately fight the rule.
“Just as we opposed the Trump Administration’s arbitrary ban on bump stocks, GOA will also sue Biden’s ATF to halt the implementation of this rule,” Aidan Johnston, the group’s director of federal affairs said in a statement. The group believes the rule violates the U.S. Constitution and several federal laws.
But gun safety advocacy groups, like Everytown for Gun Safety, which pushed the federal government for years to take action on ghost guns, applauded Biden’s moves and insisted that both Dettlebach’s appointment and the finalized rule will help combat gun violence.
“Ghost guns look like a gun, they shoot like a gun, and they kill like a gun, but up until now they haven’t been regulated like a gun,” said John Feinblatt, Everytown’s president.
Christian Heyne, the vice president of policy at Brady, another gun control group, said Dettlebach was “an unimpeachable public servant who has spent a career using the levers of government to hold negligent or nefarious actors accountable.”
Justice Department statistics show that nearly 24,000 ghost guns were recovered by law enforcement at crime scenes and reported to the government from 2016 to 2020. It is hard to say how many are circulating on the streets, in part because in many cases police departments don’t contact the government about the guns because they can’t be traced.
The new rule changes the current definition of a firearm under federal law to include unfinished parts, like the frame of a handgun or the receiver of a long gun. It says those parts must be licensed and include serial numbers. Manufacturers must also run background checks before a sale — as they do with other commercially made firearms. The requirement applies regardless of how the firearm was made, meaning it includes ghost guns made from individual parts, kits or by 3D printers.
Federally licensed firearms dealers must retain key records until they shut down their business or licensed activity and then transfer the records to ATF as they are currently required to do at the end of licensed activity. Previously, these dealers were permitted to destroy most records after 20 years, making it harder for law enforcement to trace firearms found at crime scenes.
For years, federal officials have been sounding the alarm about an increasing black market for homemade, military-style semi-automatic rifles and handguns. As well as turning up more frequently at crime scenes, ghost guns have been increasingly encountered when federal agents buy guns in undercover operations from gang members and other criminals.
Some states, like California, have enacted laws in recent years to require serial numbers to be stamped on ghost guns.
The critical component in building an untraceable gun is what is known as the lower receiver, a part typically made of metal or polymer. An unfinished receiver — sometimes referred to as an “80-percent receiver” — can be legally bought online with no serial numbers or other markings on it, no license required.
Police across the country have been reporting spikes in ghost guns being recovered by officers. The New York Police Department, for example, said officers found 131 firearms without serial numbers since January.
A gunman who killed his wife and four others in Northern California in 2017 had been prohibited from owning firearms, but he built his own to skirt the court order before his rampage. And in 2019, a teenager used a homemade handgun to fatally shoot two classmates and wound three others at a school in suburban Los Angeles.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/11/biden-nominate-new-atf-chief-release-ghost-gun-rule/
| 2022-04-11T12:21:23Z
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Toddler dies after going down waterfall in North Carolina
JACKSON COUNTY, N.C. (WHNS/Gray News) - A 3-year-old child has died after falling down a waterfall Sunday evening, according to the Jackson County Sheriff’s Office.
Deputies said they received reports at 5:50 p.m. that the child, who was visiting Whitewater Falls with her family, had been swept away in the water at the top of the falls and had been carried by the current.
Emergency responders from Jackson, Transylvania, Haywood, Henderson,and Oconee counties were dispatched to the falls to rescue the child, WHNS reported.
Just before nightfall, the 3-year-old little girl was found dead and entrapped in an area of the waterfall. Her body was recovered around 1 a.m. Monday.
The child has been identified as Nevaeh Jade Newswanger, 3, of Pennsylvania. Her family had been living in Oconee County while working in the area.
“First and foremost our prayers are with the Newswanger family as they grieve the loss of this precious young child,” said Jackson County Sheriff Chip Hall. “With the onset of spring weather, we need to be reminded of the dangers associated with many scenic areas of the region such as waterfalls.”
Hall reminded people to view the falls from a safe distance from a designated viewing area, following safety precautions.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved.
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https://www.whsv.com/2022/04/11/toddler-dies-after-going-down-waterfall-north-carolina/
| 2022-04-11T12:21:30Z
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- Majority of homeowners and renters support allowing backyard cottages, duplexes and triplexes in residential neighborhoods
- Renters and homeowners throughout 26 major metropolitan areas largely agreed that allowing modest densification in residential neighborhoods would make housing more affordable and positively impact their communities
SEATTLE, April 11, 2022 /PRNewswire/ -- There is broad support to allow backyard cottages, duplexes and triplexes in residential neighborhoods, according to a new Zillow survey covering 26 U.S. metropolitan areas struggling with housing affordability. The new research found that 77% of all homeowners and renters surveyed voiced support for construction of either new accessory dwelling units (ADUs), duplexes, or triplexes in residential neighborhoods.
A clear majority of homeowners surveyed, 73%, voiced support for at least one modest densification option, including either the construction of new backyard cottages or the building of new duplexes or triplexes. Support among renters was even higher, with 84% of renters supporting at least one modest densification measure in neighborhoods to help increase housing supply. Research has shown that modest densification through the addition of accessory dwelling units (ADUs), duplexes and triplexes could yield millions of new homes nationally, helping slow runaway price growth and improving access to public transit.
"We are facing a housing crisis that's touched most communities across the country, pushing housing affordability to the center of the conversation for many," said Manny Garcia, a population scientist at Zillow. "One of the most effective ways out of this crisis is to build more homes. Modest densification measures, like adding a small apartment in a backyard or converting existing homes into duplexes, could create millions of new homes."
Zillow's survey asked homeowners and renters how to best address affordability issues during a red-hot real estate market defined by limited housing inventory, rising interest rates, a steady increase in home prices and climbing rents across the country. These factors are compounded by a lost decade of new home construction that caused a shortfall of 1.35 million new homes in 35 metro areas alone. This latest survey, along with previous research, shows a growing consensus among homeowners and renters that more housing should be created in their own neighborhoods to address affordability.
"This survey shows that residents of more than 20 major U.S. metros — including homeowners — understand that building more homes in our neighborhoods is a credible and viable policy tool to increase housing supply and address affordability, while leaving a positive impact on their community in the long term," said Garcia.
Allowing ADUs, duplexes and triplexes is often referred to as "modest densification," creating small to medium housing types that fall between single-family homes and large multifamily apartment buildings. Research has shown that targeted modest densification measures, such as allowing for two units of housing on a fraction of single-family lots in large U.S. metros, could add 3.3 million homes to the nation's housing stock, helping boost critically needed housing supply in the years to come.
Highlighting how important the issue of affordability has become in recent years, 61% of respondents agreed that affordable housing in their neighborhood is more important than preserving free parking for themselves. Additionally, a majority of respondents said that allowing duplexes and triplexes in residential neighborhoods would have a positive impact on housing affordability, access to public transportation, and access to amenities like parks and restaurants.
The survey was conducted in 26 metro areas across the country, garnering responses from more than 12,000 individuals. Across metros, support for modest densification was strong, with at least 70% of respondents expressing support for construction of ADUs, duplexes or triplexes in neighborhoods.
Large metros that have long faced affordability challenges, such as San Jose, Los Angeles and Denver, clearly support modest densification. As do growing Sun Belt areas like Phoenix, Tampa, Jacksonville and Nashville, which historically have been more affordable but have heated up recently to become some of the hottest markets this year.
Perhaps more surprising is that some smaller metros embraced these options, as well. For instance, the Spokane area's support of modest densification measures (86% of respondents in favor) was among the highest in the nation, and 72% of respondents in the Cincinnati area said they support allowing ADUs, duplexes or triplexes in residential neighborhoods.
Support was not as strong for larger, multifamily apartment buildings, but was still found among 57% of those surveyed. Support for new apartments was highest among renters and young people, but recent trends suggest that support is growing among homeowners. In 2019, only 37% of homeowners supported apartment building construction in their own neighborhoods. Today, that figure has increased to 48%.
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease.
Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, ShowingTime®, Bridge Interactive®, dotloop®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).
View original content:
SOURCE Zillow
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https://www.whsv.com/prnewswire/2022/04/11/77-homeowners-renters-support-adding-more-housing-options-residential-neighborhoods-help-improve-affordability/
| 2022-04-11T12:21:36Z
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New Security Report Reveals Top Data Security Challenges and Priorities for 2022
NEW YORK, April 11, 2022 /PRNewswire/ -- BigID, the leading data intelligence platform that enables organizations to know their enterprise data and take action for privacy, security, and governance, today published "The State of Data Security in 2022", an exclusive research report exploring today's challenges organizations face with protecting their most valuable data.
The study uncovered a number of critical findings:
- 84% of organizations are extremely concerned about dark data. This is data that organizations are unaware of, but typically comprise over half of all data in existence and can be highly sensitive or critical.
- Eight out of 10 organizations consider unstructured data the hardest to manage and secure. Unstructured data typically contains a variety of sensitive information and due to its inherent complexity is traditionally difficult to scan and classify.
- More than 90% of organizations struggle with enforcing security policies around sensitive or critical data. Sufficient data policy reach and enforcement is critical for proper management, remediation, protection of data assets.
Data continues to be an organization's single most valuable asset, relied upon to make critical strategic and operational decisions every day. Unfortunately, much of this information is highly sensitive or critical and in some cases vulnerable to accidental exposure or malicious activity. With the accelerating growth of public, private, hybrid, and multi-cloud models, sensitive or critical data is being proliferated throughout the environment at unbelievable rates. As the footprint of this type of information expands, so does organizational risk.
"Data is the fuel that drives a company forward," says Dimitri Sirota, CEO of BigID. "However, a lot of this data is personal and as it accumulates, so does cyber risk. You owe it to your customers, partners, and employees to keep this data safe, let alone to keep your business running. This report reinforces the fact that most continue to struggle to confidently protect their most valuable data."
The study explores the biggest security challenges, the root cause of these issues, and actionable ways to strengthen data security to enable teams to protect their most critical data assets.
Get exclusive access to the study here.
Learn more:
- Visit BigID at the IAPP Global Privacy Summit in Washington D.C. at Booth #311
- Read a summary of the survey at bigid.com/blog
- See a live demo with our security experts at bigid.
About BigID
BigID's data intelligence platform enables organizations to know their enterprise data and take action for privacy, protection, and perspective. Customers deploy BigID to proactively discover, manage, protect, and get more value from their regulated, sensitive, and personal data across their data landscape. BigID has been recognized for its data intelligence innovation as a 2019 World Economic Forum Technology Pioneer, named to the 2021 Forbes Cloud 100, the 2021 Inc 5000 as the #19th fastest growing company and #1 in Security, a Business Insider 2020 AI Startup to Watch, and an RSA Innovation Sandbox winner. Find out more at https://bigid.com.
View original content to download multimedia:
SOURCE BigID
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https://www.whsv.com/prnewswire/2022/04/11/84-security-leaders-are-extremely-concerned-about-dark-data/
| 2022-04-11T12:21:42Z
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Acquires Tekfor, a Leading Specialist in Formed and E-Mobility Components
DETROIT, April 11, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement under which AAM will acquire Tekfor Group for an enterprise value of €125 million.
"This acquisition leverages the core strengths of AAM with significant synergy potential, diversifies our geographic and customer sales mix and increases our electrification product portfolio. In addition, this purchase fits nicely with our recent tactical M&A approach," said AAM's Chairman and Chief Executive Officer, David C. Dauch. "We are excited to expand our metal forming technologies to serve a broad range of global customers."
Based in Hausach, Germany, Tekfor Group is a leading specialist in automotive fasteners and metal formed components for driveline, powertrain, and E-mobility applications. Tekfor generated sales of approximately €285 million in 2021.
Subject to regulatory approval and other customary closing requirements, the transaction is expected to close in the second quarter of 2022.
About AAM
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 80 facilities in 17 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.
About Tekfor Group
Tekfor Group is a leading specialist for mission-critical high-performance components, modules and fasteners. Products include traditional powertrain and driveline (for both internal combustion and hybrid applications) as well as a strongly increasing number of E-mobility components. Headquartered in Hausach, Germany, Tekfor Group has eight sites and employs approximately 2,100 associates in Europe and the Americas covering the whole value chain from engineering to manufacturing.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements with respect to the transaction and the anticipated consequences and benefits of the transaction and other information relating to matters that are not historical facts. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include the receipt and timing of necessary regulatory approvals and the other factors detailed from time to time in the reports we file with the SEC, including those described under "Risk Factors" in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this communication. We expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
For more information:
Investor Contact:
David H. Lim
Head of Investor Relations
(313) 758-2006
david.lim@aam.com
Media Contact:
Christopher M. Son
Vice President, Marketing & Communications
(313) 758-4814
chris.son@aam.com
Or visit the AAM website at www.aam.com.
View original content:
SOURCE American Axle & Manufacturing Holdings, Inc.
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https://www.whsv.com/prnewswire/2022/04/11/aam-continues-pivot-towards-electrification/
| 2022-04-11T12:21:48Z
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New data demonstrates facelifts increased 54% since 2020, breast procedures increased 48%, and body procedures increased 63% led by jumps in liposuction
GARDEN GROVE, Calif., April 11, 2022 /PRNewswire/ -- The Aesthetic Society has released its annual Aesthetic Plastic Surgery Statistics with data collected on the Society's new, more accurate digital technology revealing aesthetic plastic surgery surged in 2021. The data showcases a significant increase for face, breast and body procedures. Overall, aesthetic body procedures such as abdominoplasty, buttock augmentation, and liposuction increased by 63% since 2020. Breast procedures such as breast augmentation, augmentation/ breast lift and breast lift/reductions were up 48%. Specialized face procedures such as brow lifts and face lifts increased 54% last year. With more than 2,200 board-certified plastic surgeons comprising its Active membership, The Aesthetic Society is at the forefront of research, education, and innovation.
These marked increases saw Americans spending over $14.6 billion dollars on aesthetic procedures in 2021 with surgical revenues increasing by 63%. 2021 data illustrates a possible effect of life amid the global pandemic, with many Aesthetic Society members signaling to the ubiquity of video meetings and more downtime, to patients undergoing more surgical face and body procedures.
"Our new, more accurate digitally extracted data demonstrates that all major procedure groups had significant increases in the last year," says William P. Adams, Jr., MD, President of The Aesthetic Society. "Many factors have facilitated this growth including very high patient satisfaction, the pandemic and patients wanting to do something for themselves— and even some effects from increased video conferencing. As more people continue to pursue these specialized aesthetic procedures, we urge them to also seek a plastic surgeon board-certified by the American Board of Plastic Surgery to receive the highest standard of care and expertise."
Key Findings of 2021 Aesthetic Plastic Surgery Statistics:
- Surgical procedures increased 54% and non-surgical procedures were up 44%.
- The average plastic surgeon performed 320 surgical procedures in 2021, compared with 220 in 2020.
- On average, the cost of a surgical procedure increased 6% in 2021, and the cost of a non-surgical procedure increased 1%.
- Women accounted for approximately 94% of all procedures.
- There were 365,000 breast augmentations performed in 2021 (+44%). In addition, 148,000 women had implants removed and replaced (+32% from 2020), and 71,000 had their implants removed and not replaced (+47%).
- Surgical procedures accounted for 69% of all revenue, despite being just 21% of total procedures.
The data also identifies the top 6 surgical and non-surgical procedures performed by board-certified U.S. plastic surgeons as follows:
Top Surgical Procedures (By Procedure Count)
- Liposuction: 491,098
- Breast Augmentation: 364,753
- Abdominoplasty (Tummy Tuck): 242,939
- Mastopexy (Breast Lift): 167,395
- Blepharoplasty (Eyelid): 149,668
- Breast Implant Removal/Replacement:147,684
Top Non-Surgical Procedures (By Procedure Count)
- Neurotoxins: 3,651,223
- Dermal Fillers: 1,857,339
- Skin Treatment (Chemical Peels, Hydrofacials, etc):1,390,149
- Hair Removal: 454,954
- Skin Treatment (Combination Lasers): 431,485
- Skin Tightening: 391,855
The Aesthetic Society compiled 2021 data using the Aesthetic Neural Network (ANN) data. Partnering with Ronan Solutions™, ANN connects directly to participating Aesthetic Society member plastic surgeons' Practice Management systems, retrieving real-time, de-identified billing data. The data is reviewed and mapped by subject matter experts to generate a dynamic, comprehensive, longitudinal, valid, and reliable repository of procedural and billing data.
To obtain a full copy of The Aesthetic Society's 2021 statistics please visit: https://www.theaestheticsociety.org/media/procedural-statistics
About The Aesthetic Society:
The Aesthetic Society is recognized as the world's leading organization devoted entirely to aesthetic plastic surgery and cosmetic medicine of the face and body. The Aesthetic Society is comprised of more than 2,200 Active members in North America and internationally; Active Members are certified by the American Board of Plastic Surgery (USA) or by the Royal College of Physicians and Surgeons of Canada and have extensive training in the complete spectrum of surgical and non-surgical aesthetic procedures. International Active Members are certified by equivalent boards of their respective countries. All members worldwide adhere to a strict Code of Ethics and must meet stringent membership requirements. The Aesthetic Society is at the forefront of innovation in aesthetic plastic surgery and cosmetic medicine globally.
About the Aesthetic Plastic Surgery National Databank:
The 2021 Aesthetic Plastic Surgery Statistics were compiled using the Aesthetic Neural Network (ANN) data. The Aesthetic Society has partnered with Ronan Solutions™ (Phoenix, AZ) to develop ANN. ANN connects directly to participating Aesthetic Society member plastic surgeons' practice management systems to retrieve real-time, de-identified, billing data. The data is reviewed and mapped by subject matter experts to generate a dynamic, comprehensive, longitudinal, valid, and reliable repository of procedural and billing data. ANN's automated, real-time data access also eliminates other drawbacks associated with surveys such as low response rates, cross-sectional data, inaccurate recall, need for manual data entry and the limited number and scope of questions that can be included.
For the 2021 Statistics, aggregate data from all 294 participating plastic surgery practices across the U.S. were analyzed. The procedure counts were extrapolated to estimate nationwide statistics. These statistics have a standard error of +/- 5.60% at a 95% level of confidence.
ANN is a complimentary and exclusive benefit available only to Active Aesthetic Society Members. Participating members have access to detailed information about their own practices, and they can see aggregate data of other participants, allowing members the benefit of benchmarking their data against their peers, while protecting their privacy. ANN can retrieve and analyze up to 20 years of data from compatible systems thus offering unparalleled insights in practice management. For more information, please visit ann.theaestheticsociety.org or email ann@theaestheticsociety.org.
The Aesthetic Society
www.theaestheticsociety.org
Media contact: sarah@theaestheticsociety.org
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| 2022-04-11T12:21:54Z
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SEATTLE, April 11, 2022 /PRNewswire/ -- Alaska Air Group, Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., will announce its 2022 first quarter financial results on Thursday, April 21, 2022. A conference call is scheduled at 11:30 a.m. Eastern time / 8:30 a.m. Pacific time. Interested parties may listen to the call via webcast at www.alaskaair.com/investors.
Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico. We emphasize Next-Level Care for our guests, along with providing low fares, award-winning customer service and sustainability efforts. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world.
Learn more about Alaska at news.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
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| 2022-04-11T12:22:01Z
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EMERYVILLE, Calif., April 11, 2022 /PRNewswire/ -- Amyris, Inc. (Nasdaq: AMRS), a leading synthetic biotechnology company accelerating the world's transition to sustainable consumption through its Lab-to-Market™ technology platform today announced that it has started the commissioning of its new fermentation plant in Barra Bonita, Brazil.
The greenfield site at Barra Bonita is a strategic investment with which Amyris leads the biotechnology sector with manufacturing at industrial scale. The new plant is strategically located next to the Raizen sugar mill, which is the world's second largest of its kind, ensuring continuity of supply and favorable feedstock economics. Sugar cane is a key feedstock for producing our sustainable ingredients. Brazil ranks number one in global sugar production, and operating costs in Brazil are advantaged compared to the U.S. and Europe. The fermentation plant has a proprietary design with a process tower that is 2-times taller than the company's prior Brotas plant to take full advantage of gravity in its vertical fermentation process. The site consists of five fermentation "mini-factories" capable of concurrently producing our more than 13 currently scaled and future bio-fermented products. The site has ample space and infrastructure for future expansion.
There is strong consumer demand for bio-based products. A real shift is occurring across multiple end-markets, including food and personal care. Biotechnology has seen significant investment over the past years. However, the majority of the funding has been applied toward the front of the funnel; gene discovery, genetic pathway modeling and microbe engineering. Little investment has been seen downstream in fermentation process development, scale up and fermentation at scale. The lack of scaled precision fermentation expertise and capacity, and thus the ability to manufacture cost effectively at scale is an impediment to biotechnology making a commercial impact. The sector's capital light approach toward fermentation capacity does not bode well for future success.
"At Amyris we are taking control of our destiny with the Barra Bonita plant," said John Melo, President and Chief Executive Officer. "Industry experts are seeing a significant future gap between supply and demand of fermentation-based products. We set out a strategic path over a decade ago that, beyond being the recognized leaders in the science of biotechnology, we would invest in fermentation process capability and capacity. We have a highly experienced team that combines the art and science of manufacturing at scale all the way from the lab bench to the fermentation tower. We are very proud of the team that has engineered and constructed our new plant in record time and during an unprecedented pandemic. We have started to activate the process control modules and are in the process of testing the instruments and automation protocols to ensure that all systems and components are operating efficiently and safely. We are looking forward to accelerating the commissioning process, including the completion of the sterility hold, with a view to operationalize the plant during the second quarter."
Amyris (Nasdaq: AMRS) is a leading synthetic biotechnology company, transitioning the Clean Health & Beauty and Flavors & Fragrances markets to sustainable ingredients through fermentation and the company's proprietary Lab-to-Market™ technology platform. This Amyris platform leverages state-of-the-art machine learning, robotics and artificial intelligence, enabling the company to rapidly bring new innovation to market at commercial scale. Amyris ingredients are included in over 20,000 products from the world's top brands, reaching more than 300 million consumers. Amyris also owns and operates a family of consumer brands that is constantly evolving to meet the growing demand for sustainable, effective and accessible products. For more information, please visit http://www.amyris.com.
Amyris, the Amyris logo and Lab-to-Market are trademarks or registered trademarks of Amyris, Inc. in the U.S. and/or other countries.
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| 2022-04-11T12:22:07Z
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Shubneesh Batra, Chief Business Officer; Chris Valcke, Chief Product Development Officer; Plus Four Executives to Build Atonarp's Diagnostics Business
TOKYO, April 11, 2022 /PRNewswire/ -- Atonarp, a leader advancing clinical diagnostics, life science research, semiconductor and industrial process control through digital molecular profiling, announces key additions to its executive team. Six seasoned executives have joined Atonarp to build the Company's commercial team and launch the ASTON™ mass spectrometry platform, lead product development, plus leaders for marketing, business development, and regulatory affairs/quality assurance for the ATON™ platform for in vitro diagnostics.
Shubneesh Batra, Ph.D., joined Atonarp as Chief Business Officer and will build and lead worldwide sales, marketing and service for the semiconductor and industrial metrology portfolio. Dr. Batra served as the Chief Scientific Officer and Chief Operating Officer for the Advanced Packaging division of Applied Materials. He served as General Manager of Kulicke & Soffa's Advanced Packaging Business Unit for 3 years and led the Worldwide Channel Sales Group at Micron Technology for 7 years.
"Shubneesh understands the semiconductor business deeply from FAB operations and technical challenges to the customer's business needs," said Prakash Murthy, Founder and CEO. "He has built and developed complex sales and service organizations, which is exactly the skill set Atonarp needs to build and scale to make Atonarp a commercial success."
Dr. Batra is supported by a commercial team led by Keitaro Okada, Vice President, Commercial Operations APAC, and a team of nine marketing and sales professionals.
Chris Valcke, Ph.D., joined as Chief Product Development Officer and will lead the global research and development organization. His expertise is in product lifecycle management in the medical device and diagnostic industry, with successes in commercializing novel products from concept through development and launch. These solutions are now helping patients in cancer diagnosis, genetics, blood donation screening, hospital acquired infections and emergency medicine. Prior to joining Atonarp, Dr. Valcke held leadership roles at Invetech and Roche/Ventana Medical Systems.
Shaun Chen, Ph.D., joined Atonarp at the same time as Dr. Valcke as Vice President of Engineering. Dr. Chen also has a distinguished record in medical device product development including Carl Zeiss and Optovue. He brings expertise in optics, electronics, mechanics, systems, software, algorithms and clinical applications.
"Chris and Shaun bring expertise in medical device design and development along with a deep understanding of the regulatory requirements of the IVD industry," said Mr. Murthy. "They have made a significant impact already, bringing process and communication best practices to our worldwide development teams."
Drs. Valcke and Chen are supported by a skilled team of 92 engineers, software developers and biochemists in Japan, India and the United States.
Three additional executives recently joined the Company to bolster the Diagnostics leadership team.
Carrie Mulherin, Vice President of Marketing, is a 30-year diagnostics industry marketing and sales executive with deep experience in strategic marketing, cross-functional team management and commercialization. Most recently, she was Chief Marketing Officer at LightDeck Diagnostics, a point-of-care platform technology company with products for the emergency department and critical care, clinics, veterinary and environmental testing.
Erik Tyrrell-Knott, Vice President Business Development, is s seasoned business development executive with expertise in strategic planning and licensing. Most recently, he was Head of Business Development & Product Management, Rapid Diagnostic Solutions for Thermo Fisher Scientific, following the acquisition of Mesa Biotech, the innovator of the Accula RT PCR point-of-care testing platform. Prior to Mesa, he served as Vice President of Business Development for Elsevier, with responsibility for business development for non-traditional channels, including health insurance, pharmaceutical and life sciences, employer health and wellness, and medical devices.
Lisa Charter, Vice President of Regulatory Affairs and Quality Assurance, brings more than 20 years of RA/QA experience in multiple areas of diagnostics. Most recently, Ms. Charter led regulatory efforts at 23andMe to secure de novo FDA authorizations and 510(k) clearances for direct-to-consumer genetic tests.
Shaun Holt, COO, commented, "With Shubneesh driving ASTON commercialization and partnership efforts, the new team of experienced leaders from the diagnostics industry, and our dedicated teams around the globe, we are well positioned to achieve our mission of unlocking molecular insights to accelerate human progress."
About Atonarp
Atonarp is advancing clinical diagnostics, life science research, semiconductor, and industrial process control through digital molecular profiling. Our ASTON and ATON platforms harness the power of innovative spectrometry technologies with advanced analytics to generate real-time, actionable results. Our platforms can be applied to a wide variety of applications across multiple industries. In-situ, highly sensitive and fast molecular metrology in advanced manufacturing processes means higher throughput, improved efficiency, and reduced waste. Our quantitative, multiplex chemistry-free diagnostic tests enable disease diagnosis and monitoring at the point-of-care, which can improve outcomes and patient satisfaction at lower cost.
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| 2022-04-11T12:22:13Z
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MONTREAL, April 11, 2022 /PRNewswire/ -- AXES.ai ("AXES" or the "Company") announces that it has completed the acquisition of the assets of a state-of-the-art cloud-based media management platform. This platform will replace the current media screens AXES has deployed globally and connect them to a cloud-based management system for media, automated ad placement and information management.
The platform, to be branded AXES.TV, boasts the ability to build, schedule, manage and track all interaction with patrons as well as to broadcast general publicity, client information and offers to their patrons. The platform connects to all major technology-driven ad placement agencies to offer AXES the ability to broadcast publicity and generate new and accretive revenue for AXES clients. AXES.TV will be fully integrated with the AXES Fintech strategy and will include a frictionless experience between its mobile app (Butler), cashless media screens and kiosk screens with a personalized media experience for each patron.
"This is a quantum leap for AXES interactive strategy to ensure our clients can directly engage with their patrons" stated Earle G. Hall, President & CEO of AXES.ai. "This acquisition will empower AXES clients to offer interactive publicity to tailor a patron's experience to receive, in real-time, communication, marketing and publicity relevant to each person. Moreover, this new product base will fuel the AXES anti-money laundering and responsible gaming surveillance system and further advance the artificial intelligence base for detection and awareness."
ABOUT AXES.ai
AXES is the Global Gaming Industry's land-based cashless pioneer and FinTech disruptor. AXES empowers governments, casinos and route/street with highly secure, real-time data collection to fuel alerts, events, analytics, cashless and infinite other apps in the AXES APP Store. AXES harnesses the power of blockchain cloud technology to ensure the highest security, speed and availability of any platform in the Global Gaming Industry. With offices in seven countries and clients in more than 40 countries, AXES is the only 100% independent system provider in the land-based gaming industry, providing quantitative actionable intelligence and applications. AXES is the future of casino information management TODAY.
For more information, contact info@AXES.ai.
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| 2022-04-11T12:22:20Z
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Top 10 tips to be featured in brand's upcoming travel planner designed to help first-time pet parents
PARSIPPANY, N.J., April 11, 2022 /PRNewswire/ -- Do you have the "ulti-mutt" tips for navigating travel with a pup? To celebrate National Pet Day on April 11, Baymont® by Wyndham—the midscale hotel brand known for its "Hometown Hospitality" with more than 500 hotels across North America, nearly two-thirds of which are pet friendly—is launching a nationwide search for the best pup-friendly travel tips. In exchange, 10 pup parents will receive a free weekend hotel stay for two while their tips, and their pups, are featured in an upcoming travel planner helping first-time owners navigate the ins and outs of traveling with a pet.
According to a survey by the ASPCA, more than 23 million American households acquired a pet during the pandemic.1 Now, many first-time pet owners are figuring out how to travel with their furry friends on their next vacation. Lucky for them, Baymont is here to help make their travel planning experience a little less "ruff."
"When planning a trip, there are number of things to consider. Add a pet to the mix, especially for the first time, and it may feel a little overwhelming—but it doesn't have to be," said David Unger, brand leader and vice president of Operations, Baymont by Wyndham. "At Baymont, we want to make travel easy, especially when our furry friends are involved. It's why we offer no-cost perks like dog treats and water bowls at our front desks. This initiative builds on those efforts, helping ensure our guests – the two or four-legged kind – have a great trip, even before they arrive."
Amongst all the tips received, Baymont by Wyndham will select the 10 best and feature them in its upcoming pet-friendly travel planner, debuting later this year, alongside a corresponding photo of each winning pup. In exchange for their help, each proud pup's parent(s) will receive two free nights at the Wyndham Rewards hotel of their choosing, along with a complimentary one-year upgrade to Wyndham Rewards Diamond membership which includes perks like free WiFi, early check-in, late checkout, suite upgrades, rental car upgrades and more.
Think you've got what it takes to lead the pack? Parents are invited to submit their best pup-friendly travel tip in 100 words or less, as well as two high-resolution photos of their pup—one headshot and one travel-themed photo—to baymonttraveltips@wyndham.com. Submissions will be accepted up until 11:59 PM ET on May 11, 2022. The winning candidates will be selected on or about June 7, 2022.
Baymont is committed to making travel easy for the entire family. Pet-friendly hotels, along with their policies, are easily searchable on www.BaymontInns.com while the brand's Baymont Buddy program—available at more than 300 locations—lets guests request a complementary water bowl and dog treats upon arrival.
For more information about Baymont's latest pup-centric program, including official rules, visit www.baymontinns.com/petfriendly.
About Baymont by Wyndham
Good, old-fashioned service never goes out of style, and it's a stand-out staple at Baymont by Wyndham's more than 500 midscale hotels throughout North America. Baymont's signature "hometown hospitality," which offers guest-centric comforts like friendly service with a smile, fresh chocolate chip cookies at check-in, and free breakfast at every Baymont Breakfast Corner,® is a driving force behind the brand's ability to triple its system size since being acquired in 2006. Additionally, Wyndham Rewards' overall share of occupancy for Baymont has grown to nearly one out of every two guests.For more information, visit www.baymontinns.com. Like us on Facebook and follow us on Twitter. For development opportunities, visit www.wyndhamdevelopment.com.
About Wyndham Rewards
Named the number one hotel rewards program by readers of USA TODAY, Wyndham Rewards® is the world's most generous rewards program with more than 50,000 hotels, vacation club resorts and vacation rentals worldwide. Designed for the everyday traveler, members earn a guaranteed 1,000 points with every qualified stay and may redeem points for a wide-range of rewards, including free nights at any of approximately 9,000 hotels or tens of thousands of vacation club resorts and vacation rentals globally through affiliation with Wyndham Destinations and others. Wyndham Rewards has over 92 million enrolled members around the globe. Join for free today at www.wyndhamrewards.com. You've earned this.®
Contact
Stefanie Petropoulos
Wyndham Hotels & Resorts
+1 (973) 753-6590
stefanie.petropoulos@wyndham.com
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| 2022-04-11T12:22:26Z
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Manzanares brings expansive sustainable banking, international development expertise to climate finance startup
MIAMI, April 11, 2022 /PRNewswire/ -- ClimateCoin, the creator of the world's first regulated digital carbon asset, today announced Javier Manzanares as co-CEO of the company. He will share the title and responsibilities with Pedro Ramón López García, Co-Founder of ClimateCoin and ClimateTrade. The addition of Manzanares will enable ClimateCoin to further expand into the U.S. market and deliver the environmental, financial, and societal benefits of ClimateCoin to a global base of companies, organizations, and individual investors.
In addition to leading ClimateCoin, Manzanares is also a member of the ClimateTrade Advisory Board. He comes to ClimateCoin from the Green Climate Fund where he served as deputy executive director for eight years, supporting the efforts of developing countries in responding to climate change. Previously, Manzanares was director and representative of the UN Office for Project and Services in the MERCOSUR region, based in Argentina. He was formerly division manager of Investment and Development Banking at the Central American Bank for Economic Integration. His career in banking and finance began with Banco Santander/BSCH in the United States, Hong Kong, and Japan. Manzanares was the first chairman of the Board at the International Association for Sustainable Economy.
"Javier's expansive background and expertise in sustainable banking and finance, as well as international development, is invaluable as we look to further ClimateCoin's mission of combating Earth's climate crisis by financing credible and impactful decarbonization and climate-positive projects across the globe," said Francisco Benedito, Chairman of ClimateCoin. "His decades of sustainable finance experience in the Americas, Asia and Africa will be particularly valuable as ClimateCoin looks to expand beyond the European market and deliver transformative financing opportunities to carbon-offset investors and suppliers in the U.S. and all around the world."
ClimateCoin is the world's first regulated digital carbon asset. Run on Algorand, a carbon neutral blockchain, and backed by high-quality carbon credits, ClimateCoin will fund credible and impactful projects across the world that align with the Core Carbon Principles developed by the Taskforce on Scaling Voluntary Carbon Markets, which are in line with the UN's Sustainable Development Goals. The company aims to unleash a global investment movement to neutralize and reverse Earth's climate threat by democratizing climate finance. ClimateCoin will provide investors with easy access to meaningful and carbon-offsetting investing opportunities while ensuring equitable financing to carbon credit suppliers.
"I've joined ClimateCoin with the passion and goal of expanding climate financing to all levels of society, so people from all walks of life can contribute to and benefit — both societally and financially — from the global fight against climate change," said Javier Manzanares, co-CEO of ClimateCoin. "ClimateCoin is set to democratize climate finance and provide financial independence and empowerment to suppliers and investors alike to achieve climate balance once and for all. I couldn't be more excited to help lead ClimateCoin on this ambitious and critical mission."
ClimateCoin is planning to soft launch its Clima(T) governance token at an event in Miami on April 23. The event will feature keynote remarks from ClimateCoin co-CEOs Javier Manzanares and Pedro Ramón López García as well as Miami Mayor Francis X. Suarez. Clima(T) provides holders with voting rights on any executive decision within the GreenClimateDAO ecosystem, leveraging the collective and collaborative expertise of investors to drive real climate solutions. The company's eponymously named carbon token, ClimateCoin, is expected to launch later in the year.
About ClimateCoin
ClimateCoin is the creator of the world's first regulated digital carbon asset. Run on a carbon neutral blockchain and backed by high-quality carbon credits, ClimateCoin will fund credible and impactful decarbonization projects across the globe, providing investors and climate advocates with a meaningful investment to offset their carbon footprints. The company aims to unleash a global investment movement to neutralize and reverse Earth's climate threat by democratizing climate finance. Learn more at https://climatecoin.com/.
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| 2022-04-11T12:22:33Z
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Updates include enhancements to the intuitive workflow builder, ability to create staff assignment calendars and assign staff across departments
JACKSONVILLE, Fla., April 11, 2022 /PRNewswire/ -- Critical Alert, a TigerConnect Company, today announced the release of CommonPath Enterprise Platform version 2.8. Part of the Critical Alert Patient Event Management portfolio, CommonPath Enterprise Platform version 2.8 adds encryption of HL7 data to protect sensitive patient information, integration with leading Clinical Communication and Collaboration solutions, as well as enhancements to existing capabilities such as assignment planning and alarm panel configurations.
"In the acute care space, seconds matter. The CommonPath Enterprise Platform allows health care workers to focus on the hard work of saving lives," said Wil Lukens, General Manager, Critical Alert. "As pioneers in patient communication and monitoring, we know how important these upgrades are to our customers. We will continue to be responsive to feedback and make meaningful enhancements to our software to benefit the end-user and provide the most value to our customers."
Used in healthcare settings ranging from hospitals to ambulatory surgery centers, the CommonPath Enterprise Platform includes nurse call, alarm management and event notification, and patient experience management. Version 2.8 includes an intuitive workflow builder and staff assignment client.
CommonPath Enterprise Platform 2.8 enables easy administration, high availability, and an extensive library of clinical integrations. Customers also have access to 24/7 technical support, the ability to integrate with a Clinical Care and Collaboration (CC&C) platform, and FDA Class II Alarm Management and Event Notification. With upgraded redundancy features, organizations will be able to minimize downtime and deploy virtual servers to ensure high availability. Customers can also configure the platform to their needs, ensuring they can respond rapidly to the alarms that matter most.
Facilities who are interested in transitioning to Critical Alert's CommonPath Enterprise Platform version 2.8 can contact Tony Natale, Sr. Director of Sales, (tnatale@criticalalert.com) for more information.
CommonPath Enterprise Platform version 2.8 underscores Critical Alert's commitment to delivering innovative healthcare solutions that ease the burden of clinical workers and contribute to improving the quality of patient care.
About Critical Alert
Critical Alert enables hospitals and healthcare enterprises to give patients a voice, empower clinical staff with actionable intelligence, and unburden their support and IT teams. Critical Alert delivers cost-effective enterprise-class, software-based products, services, and strategies. CommonPath Enterprise is a software-driven patient communications platform, FDA-cleared as a Class II Medical Device, and includes UL-1069 nurse call, overlay software to modernize legacy nurse call systems, patient experience monitoring, advanced clinical analytics, and a portfolio of integrated partner offerings. Critical Alert is part of the TigerConnect family of clinical collaboration and communication solutions. To learn more about Critical alert, visit www.criticalalert.com.
About TigerConnect
TigerConnect transforms healthcare with the industry's most widely adopted clinical collaboration platform – uniquely modernizing how doctors, nurses, care teams, patients, and data connect. With solutions spanning care communication, patient engagement, scheduling, alarm notifications, nurse call, and more, TigerConnect accelerates productivity, reduces costs, and improves patient outcomes, safely and securely. Trusted by more than 7,000 healthcare organizations for user-friendly yet enterprise-ready solutions, TigerConnect delivers 99.99% verifiable uptime for more than 10 million messages each day. To learn more about TigerConnect, visit www.tigerconnect.com.
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| 2022-04-11T12:22:40Z
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TSXV: CYP | OTCQX: CYDVF
VANCOUVER, BC, April 11, 2022 /PRNewswire/ - Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to report the Company has been informed that the petition for judicial review of the Nevada State Engineer's extension of Water Right Permit 44411 and Certificate 13631 (the "Permit") was dismissed with prejudice by the Fifth Judicial Court of Esmeralda County, Nevada.
The Company acquired the Permit from Intor Resources Corporation ("Intor"), a subsidiary of Nevada Sunrise Gold Corp., for use at the Company's Clayton Valley Lithium Project, in Nevada (see news release dated December 8, 2021). The Permit allows for the appropriation of the public waters of the State of Nevada in the amount of 1,770 acre-feet of groundwater per year for mining, milling and domestic use. This amount represents the largest single volume of permitted water available in the Clayton Valley, which is a fully appropriated hydrogeographic basin.
Intor submitted an Application for Extension of Time to Prevent Forfeiture of the Permit on July 29, 2021. The extension was approved by the State Engineer on November 2, 2021. With the court order, the State Engineer's approval is final and binding, and the extension is valid until August 28, 2022.
Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.
ON BEHALF OF CYPRESS DEVELOPMENT CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
This release includes certain statements that may be deemed to be "forward-looking statements". Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," "scheduled," and other similar words. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration, and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
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| 2022-04-11T12:22:47Z
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Led by Tiger Global, funding will accelerate product development to meet demand for healthcare service robot and enhance interoperability, integrations and efficiency in healthcare institutions
AUSTIN, Texas, April 11, 2022 /PRNewswire/ -- Austin-based robotic automation company, Diligent Robotics, today announced that it has closed over $30 million in Series B funding, bringing the total investment raised to date to nearly $50 million. Diligent Robotics develops socially-intelligent service robots and artificial intelligence solutions that enable robots to collaborate within and adapt to human environments.
The flagship product, Moxi, is a robot that performs delivery tasks for frontline healthcare teams. Stress and burnout have been a persistent problem in healthcare for years, creating a shortage of nurses and clinical staff. But over the past two years COVID-19 has accelerated this into a crisis moment, with projections of more than 1 million new nurses needed in the U.S. alone. More and more health systems are looking for automation to provide workforce augmentation at a critical time for this market.
Tiger Global, an investment firm focused on private and public companies in the internet, software, consumer, and financial technology sectors, led the Series B funding round. Diligent also maintains the support of existing investors, including True Ventures, DNX Venture, Ubiquity Ventures, E14 Fund, Next Coast Ventures, Boom Capital, Gaingels as well as additional commitments from new investors including Cedars-Sinai Health Ventures.
"We are proud to have the full support of our past investors and welcome our new partners who joined during our Series B raise," said Dr. Andrea Thomaz, co-founder of Diligent Robotics. "This new round of funding will help us scale the company to meet the incredible demand for our healthcare service robot. Thanks to the support of our investors and the Diligent team, we are focused on expanding automated support for clinical teams so nurses and clinicians can focus on tasks that matter most, patient care."
Founded in 2017, Diligent Robotics is the leading company in the social robotics space and the first to build a unique robot with social intelligence and mobile manipulation capabilities to help people in their work environments. In 2018, the company debuted Moxi, a collaborative robot assistant that assists clinical staff with routine, not-patient-facing tasks including fetching and delivering supplies, medications, or lab samples. Since launching and integrating into several healthcare systems, Moxi demonstrated improvement in overall clinical flows and gave care team members back valuable time to spend with their patients.
"We started implementing Moxi into our clinical workflows in December and planned on going through a trial phase to determine if the technology would be helpful to our staff," said Cody Blankenship, Vice President Performance Improvement at Mary Washington Healthcare. "Right away, we could see the impact Moxi made on the efficiency of our staff and how morale immediately increased. We were so impressed with what Moxi took off our team's hands, we chose to add even more robots to our fleet."
In the two years since its Series A funding, Diligent Robotics has achieved several milestones including:
- Moving from prototype to commercial deployment. Between 2018 and 2019, Diligent partnered with four health systems in Texas to complete a series of research trials. The team incorporated the learnings and demonstrated the commercial value of their robotic technology, incorporating direct feedback from care teams to shape how Moxi fits into clinical workflows today. The first commercial deployments of Moxi started in 2020.
- Moxi utilization and use cases with initial customers. Diligent saw initial success with early customers as nurses quickly adopted Moxi into their workflows. As Moxi is joining more teams, Diligent sees a consistent need to support clinical staff to offload a diverse set of tasks that interrupt a nurse's day, including sending and picking up things from the lab, delivering teleboxes, managing the "do not tube" medications, picking up patient's personal items or transferring pumps or other light-weight equipment from unit to unit. Now that Moxi is fully deployed and integrated into a diverse set of health systems across the nation from multi-location systems to smaller community hospitals or large academic and research-focused health systems, the demand is skyrocketing. Chief Nursing Officers from all sizes of healthcare institutions want to understand robotic solutions and how Diligent can help their clinical staff during the nursing shortage crisis.
- Began commercial organization build out. To support the high demand, Diligent quickly expanded their talented team across the entire business from operations, sales and engineering.
According to a report from Research and Markets, the global smart hospital market is estimated to be at $27.6 billion in 2021 and is expected to reach $82.89 billion by 2026, compounding at 24.6% annually.
"Robotic automation technology will be the key to optimizing efficiency and productivity in health care operations," said Connie Lee, Partner, Tiger Global. "As a leader in robotic technology, Diligent Robotics has been able to scale to meet demand while developing an impressive product that delivers tremendous value for its customers. We are excited to partner with Diligent Robotics as their positive impact on the healthcare system grows."
The funds raised during this round will help Diligent optimize supply chain and design teams for faster robot deployment. They will continue to enhance interoperability and drive purposeful integrations with existing hospital infrastructure, electronic health records and clinical communications, which will allow them to continue to meet the demands during the persistent nursing shortage. The team at Diligent is excited about the next chapter and how the Series B funding will be able to accelerate their plans.
"Diligent Robotics' participation in the Cedars-Sinai Accelerator program led to the exploration of our team testing this solution with our clinical teams," said Dr. David Marshall, Chief Nursing Executive at Cedars-Sinai in Los Angeles. "Using the robot to relieve front-line health care workers from point-to-point delivery and retrieval tasks has been successful in our original launch. Staff members have told me that gives them more time for direct patient care."
CONTACT: Christy Warring, cwarring@diligentrobots.com
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| 2022-04-11T12:22:53Z
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Former President of Cognosante and General Dynamics Information Technology (GDIT) veteran joins DRT Strategies (DRT) as new CEO to grow the company, building on past successes, as well as lead the company's talented teams in shaping the next generation of IT.
ARLINGTON, Va., April 11, 2022 /PRNewswire/ -- DRT Strategies, Inc. (DRT) (http://www.drtstrategies.com), an award-winning technology innovator and leading digital transformation partner to federal agencies for nearly 20 years, announced today that James Gordon has been named CEO of the company. An experienced information technology (IT) executive, Mr. Gordon succeeded Susan Kidd and assumed responsibilities on April 4, 2022. Ms. Kidd transitioned to DRT's Chairman of the Board on that same date.
Mr. Gordon brings DRT more than 30 years of experience across federal, state, commercial, and international customers, serving previously as President of Cognosante. Prior to joining Cognosante in 2019, Mr. Gordon served as Division President at Maximus Federal, where he led the divestiture of a General Dynamics Information Technology (GDIT) portfolio purchased by Maximus Corporation. While at GDIT Health Solutions, Mr. Gordon led profit and loss divisions that employed more than 20,000 professionals and exceeded $1 billion in annual revenues.
"James is the right leader for DRT," said Susan Kidd, DRT Strategies' founder, incumbent CEO, and Chairman of the Board. "James has a demonstrated passion for developing talent and customer relationships. He is outwardly focused, and we believe he will help us expand our brand, customer base, health IT offerings, and create new opportunities for our employees. We look forward to James applying his extensive experience and proven success growing technology companies to DRT."
"I am very excited to be joining the DRT team," commented James Gordon. "DRT has an almost two-decade track record of successfully serving large government agencies, developing and delivering innovative capabilities and solutions, and creating a culture of inclusivity, caring, and high-performance. I believe DRT is well positioned to really grow and shape the next generation of IT in the federal space."
Over his career, Mr. Gordon has served as a trusted advisor to several of the largest and most important federal programs. He was instrumental in the delivery of key programs for the Affordable Care Act, Cash-for-Clunkers, the Decennial Census, and the Center for Disease Control Info Program.
Mr. Gordon earned his Bachelor of Science in Banking from the University of Richmond in Richmond, Virginia.
About DRT Strategies
DRT Strategies, Inc. (DRT) is an award-winning technology innovator and leading digital transformation partner to large federal agencies and commercial clients for nearly 20 years. The company is a ServiceNow™ Partner - Specialist, Amazon Web Services (AWS) Consulting Partner, UiPath Partner, SAFe Bronze Partner, Esri Bronze Partner, and holds ISO 9001:2015, ISO/IEC 20000-1:2018, and ISO/IEC 27001:2013 certifications and has achieved CMMI-DEV Level 3. DRT is headquartered in Arlington, Virginia, with an additional office in Atlanta, Georgia. More information on the company can be found at www.drtstrategies.com.
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| 2022-04-11T12:23:00Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Today, PingPong Payments, specialists in cross-border payment, partner with DTL Sourcing, a leading Chinese sourcing company, to provide businesses across the world with a trustworthy channel into China for all their sourcing requirements.
The partnership will leverage DTL's network of over 500 trusted Chinese manufacturers and PingPong's extensive buyer base of over 1Million customers, to utilize PingPong's supplier pay function as a solution for buyers and sellers to send and receive funds locally. This partnership seeks to connect manufacturers and merchants around the world, building trusted business relationships and improving global trade ties.
China's record breaking export strength has further accelerated this year, as exports grew 16.3 percent year-on-year, to $544.7 billion in the first two months of 2022. Analysts predict this year to be decisive for online businesses, and as increasing numbers of buyers look to China for product sourcing, PingPong's supplier pay function seeks to support vendors and manufacturers by executing real-time payment to over 170 countries.
Managing Director of PingPong Payments, Kenny Tsang, comments: "By boosting lucrative access to sellers in China, this partnership allows our vast buyer base to diversify their supply chain with better capital controls through instant localized payments. Helping reduce cost of goods resulting from inflation, FX costs passed down from suppliers and currency fluctuations."
Kenny continues: "The move will support Chinese manufacturers in receiving funds in real time and in their local currency, providing a secure and real-time payments infrastructure which is essential to supply chain efficiency and business prosperity. Additionally, expanding opportunities for North American buyers to build better relationships with suppliers and faster time of production when it comes to purchasing their products abroad."
Founder and Director of DTL Sourcing, Flavien Serra, remarks on the partnership: "Our association with PingPong Payments brings market leading payments solutions to hundreds of Chinese sellers looking to expand their operations internationally. Since 2008, DTL has made our clients a priority, and with this partnership, our Chinese suppliers can produce and export quality products to PingPong's buyers."
About PingPong Payments
PingPong Payments was founded in 2015 with the mission of helping global e-commerce sellers keep more of their profits, by beating the rates traditional banks offer. The company acts as a multi-dimensional growth partner to more than (1 million online sellers) worldwide: it has processed more than $90 billion in cross-border payments for e-commerce merchants to date, and transfers more than $150 million a day on behalf of international e-commerce sellers. Global merchants around the world trust PingPong Payments to help them save on cross-border payments, VAT and supplier payments, and more. PingPong works with reputable brands such as Citibank, J.P. Morgan and Wells Fargo that have won licenses to operate efficiently and are being subject to strong regulatory and supervisory frameworks across the U.S., Europe and Asia.
About DTL Sourcing
DTL Sourcing leverages a deep network of over 500 trusted manufacturers across the world with a trustworthy channel into China for their sourcing needs since 2008. DTL Sourcing has partnered with companies from Europe, America and the Asia-Pacific to help them access the vast products being produced in China.
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https://www.whsv.com/prnewswire/2022/04/11/dtl-sourcing-fintech-unicorn-pingpong-payments-partner-build-trusted-seller-supplier-relationships-worldwide/
| 2022-04-11T12:23:07Z
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A free, community-oriented field day for residents of all ages at the Fields at RFK Campus
WASHINGTON, April 11, 2022 /PRNewswire/ -- Events DC, the official convention and sports authority for the District of Columbia, will host "Day of Play at RFK," a community-oriented afternoon of organized games, food and music for families and guests of all ages on April 12th at the Fields at RFK Campus in Washington, DC. The event coincides with DC Public Schools' spring break and offers children and adults the opportunity to participate in games, activities and sports while enjoying complimentary food, beverage, live entertainment, partner activations and more.
"Events DC is delighted to host the inaugural Day of Play at RFK on April 12," said Greg O'Dell, president and chief executive officer at Events DC. "We believe that safe and inclusive community events like this help build strong communities, and we are proud to provide these opportunities for our neighbors. Day of Play at RFK will showcase the Fields at RFK Campus in a way that aligns with our collective vision to restore the Campus as a vibrant sports, recreational and entertainment hub in the District."
Day of Play at RFK will feature classic "field day" games like capture the flag, dodgeball and kickball, as well as a rugby clinic hosted by DC's professional rugby team Old Glory DC, flag football with former Washington Commanders legend Brian Mitchell and much more!
Local food trucks including Langston, DC Slices, Jerk at Nite, Rita's, South Block and others will provide complimentary food and beverages while East of the River Steel Band and a local DJ will be on hand to round out the live entertainment. Other participating organizations include the Washington Mystics, D.C. United, Pepsi, Pepco, Leveling the Playing Field, The Green Scheme and Dance Place among others.
The event is free for all ages and registration is required. All youth must be accompanied by an adult over the age of 18.
Opened in 2019, The Fields at RFK Campus is a 27-acre outdoor sports complex located on the banks of the Anacostia River in NE Washington, DC. The multi-purpose complex is equipped with turf fields, a playground, bicycle paths, event pavilion, public restrooms and free Wi-Fi. The creation of the Fields at RFK was direct result of an extensive community engagement initiative led by Events DC concerning the redevelopment of the entire 190-acre campus. The completion of the Fields at RFK marked the first phase of the project intended to bring activities, green space and economic development opportunities for neighboring communities.
Register Here: https://playrfk.splashthat.com/
ABOUT EVENTS DC
Events DC, the official convention and sports authority for the District of Columbia, delivers premier event services and flexible venues across the Nation's Capital. Leveraging the power of a world-class destination and creating amazing attendee experiences, Events DC generates economic and community benefits through the attraction and promotion of business, athletic, entertainment and cultural activities. Events DC oversees the Walter E. Washington Convention Center, an anchor of the District's hospitality and tourism economy that hosts more than 1.7 million visitors and generates more than $400 million annually in direct economic impact, and the historic Carnegie Library at Mt. Vernon Square. Events DC manages the RFK Stadium-Armory Campus (RFK Campus), including Robert F. Kennedy Memorial Stadium, Festival Grounds at RFK Campus, the non-military functions of the DC Armory, and the Skate Park at RFK Stadium. Stay current on the 190-acre RFK Campus Redevelopment Project at www.RFKCampus.com. Events DC also built and serves as landlord for Nationals Park, the first LEED-certified major professional sports stadium in the United States. Events DC manages Gateway DC, R.I.S.E. Demonstration Center and Entertainment & Sports Arena all conveniently located in the Congress Heights neighborhood of Washington, DC. For more information, please visit www.eventsdc.com and find us on social media – Facebook, Instagram and YouTube (Events DC), and Twitter (@TheEventsDC) — and on our new hub for live and on-demand event programming on GATHER by Events DC at www.gatherbyeventsdc.com.
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| 2022-04-11T12:23:13Z
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Funds to Help Prevent Gun Violence and Support Victims and
their Families
LONG ISLAND CITY, N.Y., April 11, 2022 /PRNewswire/ -- Fidelis Care has awarded Harlem Mothers Save a $10,000 grant to assist the non-profit organization with community programs that support victims of gun violence and their families in Harlem and surrounding communities.
Harlem Mothers Save and Fidelis Care understand that victim services are vital to the vulnerable and underserved families that live in violence plagued neighborhoods. They are committed to providing programs that address the anxiety, depression and other mental health issues that result from violence.
The funds will support community leadership training including:
- First Responders Counseling – Training first responders to support victims through the loss of a loved one and to serve as family spokespersons and liaisons;
- Bereavement Counseling – Professional counseling and peer to peer support groups;
- Activism – Promoting civic duty and community pride by mentoring youth to be involved in the quality improvement efforts and to be community leaders by participating in community boards and other CBO based efforts;
- Summer Recreational Programs – Partnering with P.A.L. and NYPD to provide safe recreation space in closed street environments. Training youth to work at Street Game locations during summer months.
Fidelis Care has had a long-standing relationship with Harlem Mothers Save since 2015.
"We are proud to support Harlem Mothers Save in their efforts to address gun violence in communities of color," said Pam Hassen, Fidelis Care Chief Member Engagement Officer. "We are inspired by their tireless efforts to not only empower and educate the community, but also to support victims of violence and their families. Through this grant, Fidelis Care aims to further become a resource in the community where we serve."
"Fidelis Care has been a committed partner in supporting the efforts of Harlem Mothers SAVE and continues to show their solidarity in many ways," said Jackie Rowe-Adams, Harlem Mothers Save Founder. "This grant will allow Harlem Mothers SAVE to continue improving the quality of life in our beloved neighborhoods."
About Fidelis Care:
Fidelis Care is a mission-driven health plan offering quality, affordable coverage for children and adults of all ages and at all stages of life. With more than 2.4 million members statewide, Fidelis Care believes that all New Yorkers should have access to affordable, quality health insurance. Follow us on LinkedIn at linked.com/fideliscare, on Twitter at @fideliscare, Instagram at @fideliscare, and on Facebook at facebook.com/fideliscare. For more information, call Fidelis Care at 1-888-FIDELIS (1-888-343-3547) or visit fideliscare.org.
Contact: MediaInquiries@fideliscare.org
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| 2022-04-11T12:23:20Z
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MELVILLE, N.Y., April 11, 2022 /PRNewswire/ -- Canon U.S.A., Inc., a leader in digital imaging solutions, today unveiled the results of a new survey, "Canon's Fluorescent Color Impact Study," which captures the powerful allure of fluorescent colors and validates consumers' overwhelming support of the return and use of bright, bold colors in a broad range of materials and business settings.
According to the survey, three-out-of-four consumers indicated they are more likely to pay attention to posters and signage that feature fluorescent colors. More than 90% of consumers said they are very likely or somewhat likely to remember posters and signage printed in fluorescent colors. Fluorescent's ability to capture the modern consumer's attention was evidenced by over two-thirds agreeing that fluorescent colors are making a comeback.
"There's no denying those fluorescent colors that dominated in the 1980s and 1990s are resurging," said Sam Yoshida, executive vice president and general manager of Canon U.S.A., Inc. "Fluorescent seems to be everywhere now, and it's compelling businesses, designers and artists to reimagine their color palette and consider all the imaginative possibilities that come along with it. With our new line of imagePROGRAF GP Series printers, Canon can help turn these dreams into reality by expanding the world of color."
Overall, the new survey reveals that fluorescent colors will likely have staying power this time around. Survey findings include:
- A Study in Pink: A plurality of consumers (31%) believe fluorescent pink is the most iconic color in art and culture, and the most personally engaging of the fluorescent colors.
- Fluorescent Ink: Fluorescent colors pop in digital and print, which explains why (55%) of consumers said they would like to buy a printer that uses fluorescent ink.
- Positive Thoughts: When consumers see fluorescent colors most feel happy (64.5%) and excited (47%).
- Colorful Industries: Out of all the private sectors, including technology, retail, media, sports and travel/hospitality, the fashion domain was surprisingly usurped by the world of entertainment as the industry consumers most associate with fluorescent colors.
"Fluorescent colors transcend industry and form," said Tim Greene, research director of International Data Corporation (IDC). "More often than not, they capture the audience's attention, and engage consumers in new and compelling ways. Instead of overlooking this massive trend, Canon is embracing it by designing and introducing high-performance printers that deliver bright color printing capabilities for a diverse spectrum of assets, from photographs and Pop Art, to posters and signage."
The imagePROGRAF GP Series helps transform the way consumers design and print posters, banners and signage. The 24-inch GP-2000 and 44-inch GP-4000, which include 10 colors plus fluorescent pink ink produce vibrant, bold colors to achieve high value-added output and graphics and the 24-inch GP-200 and 36-inch GP-300, which incorporates 5 colors plus fluorescent pink ink. These solutions include Canon's Radiant Infusion technology to create impactful posters and other large-format materials with eye-popping designs, vivid colors and exceptional clarity.
As an added benefit, Canon U.S.A. recently announced a new online version of PosterArtist, the company's free design online application, available for both Windows and Mac platforms, and supports compatible models of Canon printers. The web-based version can be used with all imagePROGRAF GP printers, which utilizes fluorescent pink ink.
The study's findings are based on a national survey of 1,000 U.S. citizens conducted in March 2022.
About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.6 billion in global revenue, its parent company, Canon Inc. (NYSE: CAJ), as of 2021 has ranked in the top-five overall in U.S. patents granted for 36 consecutive years† and was one of Fortune Magazine's World's Most Admired Companies in 2022. Canon U.S.A. was featured in Newsweek's Most Loved Workplaces list for 2021, ranking among the top 100 companies for employee happiness and satisfaction at work. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.
† Number of patents for 2021 are based on figures released by IFI CLAIMS Patent Services. Figures for 2005 to 2020 are based on information issued by the United States Patent and Trademark Office.
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| 2022-04-11T12:23:27Z
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Insights Success Evaluated Global Software Providers Improving Compliance Outcomes for Environment, Health, Safety, and Operational Business Processes
QUINCY, Mass., April 11, 2022 /PRNewswire/ -- FORM, the world's first Digital Assistant for the Frontline, was recently named one of the Top 10 Most Trusted Audit Management Companies of 2022 by Insights Success, a magazine covering business and technology trends for C-Suite executives. FORM was recognized for its field execution platform used by top brands to collect data, drive corrective action, reduce risk, and increase compliance for EHS, Manufacturing, and Operational audits.
FORM CRO Ryan Lucas discussed the future of audit management with Insights Success and how FORM helped its customers navigate through risk management during the COVID-19 pandemic.
Lucas cited FORM's 20 years of experience enabling complex business processes as a key market differentiator. "Our deep expertise in enabling operational compliance around QA, QC, and Risk Reduction processes for over 20 years [makes us a preferred choice]", said Lucas. "Second, the flexibility and configurability of our platform is unparalleled, and as a result, we reduce the total cost of ownership for our enterprise customers because we can be used across teams in the business. Last, our integrations with other systems of record extend the value of existing tech stack investments and drive end-to end data processes across systems."
Frontline teams use FORM's operational excellence app to collect data and deliver powerful insights to corporate leaders so they can spot and close compliance gaps and address areas of risk in real-time. With FORM's audit management solution, FORM OpX, the company enables global natural resource and real estate management organizations to audit facilities and assets for safety and quality. FORM OpX is also used to guide and audit daily operations for top QSR brands, including Wendy's, and in manufacturing audits of heavy equipment production.
A top-five senior living organization that utilizes FORM for compliance audits says, "Our teams rely on [FORM] to help them gain insight into what they don't know—and then drive positive impact with that knowledge. Together, we can see each specific area that needs work and take corrective action almost immediately, and our partners can use that information to train their teams. [FORM] is the main source of data our regional VPs use to report to leadership. They use it to answer key questions such as: 'Are we stable?' 'Are we performing well—and if we're not, what is our action plan and how are we deploying it to our teams?'"
FORM's people-centric technology empowers mobile workers to work smarter and faster in the field while driving value for the enterprise—and as Lucas puts it, turns mobile workers into "superheroes for the frontline."
About FORM
FORM powers the world's 2 billion mobile workers as they change companies and industries for good, with mobile technology that improves execution from the frontline. FORM's digital assistant for teams guides daily tasks, boosts communication, and provides leaders with real-time intelligence to drive faster actions and better decisions. FORM activates and connects teams in the field--with leaders, missions, and each other--so they can deliver success in the enterprise. FORM solutions have been deployed by Fortune 500 companies and customers around the world. To learn more, visit www.FORM.com.
MEDIA CONTACT:
Chrissy Priest, Senior Content Manager
chrissy.priest@form.com
479-366-8193
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| 2022-04-11T12:23:33Z
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AUBURN HILLS, Mich., April 11, 2022 /PRNewswire/ -- General Motors recognized Alps Alpine Co, Ltd. (TSE: 6770; President & CEO: Toshihiro Kuriyama) as a 2021 Supplier of the Year. GM celebrated honorees at its 30th annual Supplier of the Year awards ceremony in Phoenix, Arizona, on March 17th.
GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry. This year, GM recognized 134 suppliers from 16 countries with the Supplier of the Year distinction.
This is the 10th consecutive, and 20th time overall that Alps Alpine has received the award.
"This marks a proud milestone as we reach our 10th consecutive, and 20th overall Supplier of the Year Award," said Cameron Hosner, Alps Alpine North America Vice President, Sales and Marketing. "We continue to have a great relationship with General Motors. We are committed and look forward to leading together during this time of significant change and disruption in the industry."
"This year's Supplier of the Year event was special not only because it's the 30th anniversary of the program, but because it provided us with the opportunity to recognize our suppliers for persevering through one of the most challenging years the industry has ever faced," said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain. "These top suppliers showed resilience and reinforced their commitment to pursuing sustainability and innovation. Through our strong relationships and collaboration, GM and our suppliers are poised to build a brighter future for generations to come."
A global cross functional team selected the 2021 Supplier of the Year winners based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales and Logistics.
Alps Alpine, a leading manufacturer of electronic components and automotive infotainment systems, has brought the world numerous "First 1" and "Number 1" products since its founding in 1948. The Alps Alpine Group currently operates 110 bases in 26 countries and regions, supplying roughly 40,000 different products and solutions to around 2,000 companies worldwide. Those offerings include devices such as switches, sensors, data communication modules, touch input panels, actuators and power inductors; electronic shifters, remote keyless entry systems and other automotive units; consumer electronics like car navigation and audio-visual systems; and systems and services such as digital keys based on smartphone app and blockchain technology, and remote monitoring.
General Motors is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com.
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| 2022-04-11T12:23:40Z
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- GRC 54276 is one of the many novel molecules from Glenmark's resident, Innovative Medicines Group, specializing in the development of novel molecular entities for critical unmet medical needs
- Glenmark will initiate a Phase 1 clinical trial by June 2022 to determine the safety, tolerability, and preliminary anti-tumor activity of its novel molecule in patients with advanced solid tumors and Hodgkin's lymphoma
- Glenmark also plans to file an Investigational New Drug (IND) application in the US and Clinical Trial Applications in Europe to initiate a fully global clinical study program
MUMBAI, India, April 11, 2022 /PRNewswire/ -- Glenmark Pharmaceuticals Limited, an innovation-driven, global pharmaceutical company, announced that its subsidiary Glenmark Specialty S.A. (Glenmark) received approval from the Indian drug regulator, Drug Controller General of India (DCGI), to conduct a Phase 1 clinical trial of its novel small-molecule, GRC 54276, a hematopoietic progenitor kinase 1 (HPK1) inhibitor. GRC 54276 is one of the many novel molecules from Glenmark's resident, Innovative Medicines Group, headed by Dr. Nikhil Amin, Chief Scientific Officer, specializing in the development of novel molecular entities for critical unmet medical needs. HPK1 is a key regulator of T cell, B cell and dendritic cell-mediated immune responses, which improves antitumor immunity by activating and priming T cells. GRC 54276 has shown tumor cell killing ability in preclinical studies as a single agent and as well in combination with checkpoint inhibitors, making it a high-priority target in immuno-oncology.
The study will evaluate the safety and tolerability of GRC 54276 as a monotherapy, and also in combination with checkpoint inhibitors in patients with advanced solid tumors and Hodgkin's lymphoma. Glenmark will initiate Phase 1 clinical trial in India by June 2022, and also plans to file an IND in the US and Clinical Trial Applications in Europe to kick-off a fully global clinical study program.
"Glenmark's endeavor has been to provide innovative treatment solutions in its core therapeutic areas. We are delighted that our first novel molecule from the newly formed 'Innovative Medicines Group' within Glenmark has received approval from India's drug regulator to initiate a Phase 1 clinical trial. This reinforces Glenmark's growing capabilities of innovative clinical research and is a step closer in providing holistic solutions for cancer treatment," said Glenn Saldanha, Chairman & Managing Director, Glenmark Pharmaceuticals Limited.
About Glenmark Pharmaceuticals Ltd
Glenmark Pharmaceuticals Ltd. (BSE: 532296 | NSE: GLENMARK) is an innovation-driven global pharmaceutical company with a presence across Specialty, Generics and OTC businesses. It focuses on the key therapeutic areas of respiratory, dermatology and oncology. The company has 10 world-class manufacturing facilities spread across 4 continents and operations in over 80 countries. Glenmark is ranked among the world's top 100 biopharmaceutical companies (Top 100 Companies Ranked by Pharmaceutical Sales, 2020, by In Vivo/Scrip 100) and among the world's top 50 companies in the off-patent sector (Top 50 Generics and Biosimilars Companies ranked by Sales, 2020, by Generics Bulletin/In Vivo). The company was listed on the Dow Jones Sustainability Index (DJSI), one of the world's most respected and widely accepted sustainability benchmarks, under the category of emerging markets (2021) for the fourth consecutive year in a row. For more information, visit www.glenmarkpharma.com
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https://www.whsv.com/prnewswire/2022/04/11/glenmark-specialty-sa-receives-approval-conducting-phase-1-clinical-trial-its-novel-molecule-grc-54276-patients-with-advanced-solid-tumors-hodgkins-lymphoma/
| 2022-04-11T12:23:46Z
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Goodyear Eagle race tires to feature vintage design inspired by 1980-1992 race seasons
DARLINGTON, S.C., April 11, 2022 /PRNewswire/ -- Goodyear (NASDAQ: GT), the "Official Tire of NASCAR," is renewing its entitlement sponsorship of the Goodyear 400, NASCAR's Official Throwback Weekend Cup Series race for 2022.
Hosted on May 8 at Darlington Raceway – one of the Cup Series' oldest active tracks – the Goodyear 400 celebrates the history of stock car racing and signifies another milestone chapter in Goodyear's 68-year affiliation with NASCAR.
"Our entitlement sponsorship of the Goodyear 400 represents a continuation of our six-decade commitment to NASCAR through tire innovation and allows us to celebrate the sport's storied history and talented drivers of today," said Karen Maroli, Goodyear's vice president of marketing. "NASCAR's Official Throwback Weekend is always a highly-anticipated stop on the circuit, and alongside Darlington Raceway, we look forward to providing race fans with an unforgettable experience."
Amid a race weekend known for drivers' nostalgic paint schemes honoring former drivers and memorable stock cars, Goodyear will sport a vintage sidewall design on its Eagle race tires, last used during the 1980-1992 Cup Series race seasons. The throwback tires mimic the spray-painted logo designs of the past, paying tribute to the first time Goodyear featured "Eagle" on its race tires' sidewalls in NASCAR. The tire design will be used at all three national series races during the Official Throwback Weekend of NASCAR.
"From the paint schemes to the historic track and throwback tire design, few races capture NASCAR's tradition like the Goodyear 400," said Kerry Tharp, president of Darlington Raceway. "As NASCAR's longest-running continuous partner, Goodyear is uniquely woven into the fabric of the sport and is an ideal partner for the Official Throwback Weekend of NASCAR at Darlington Raceway."
Fans will have a chance to bring home a winning throwback Eagle tire
To bring spectators closer to the action, Goodyear is introducing the "Bring Home the Win Sweepstakes," giving one lucky fan the chance to win one of the throwback Goodyear Eagle race tires from the winning driver's stock car. Now through May 9, fans who visit Goodyear400Sweepstakes.com and complete the online entry form will automatically be entered for a chance to win one of the limited-edition tires, used exclusively by the winner of the Goodyear 400*.
Tune in to watch the Goodyear 400 on Sunday, May 8 at 3:30 p.m. ET on FS1 and Motor Racing Network, where Goodyear will provide aerial coverage of the race.
*NO PURCHASE NECESSARY TO ENTER OR WIN
The Bring Home the Win Sweepstakes is open to U.S. citizens and U.S. resident aliens who are physically located in and legal residents of one of the 50 United States or the District of Columbia who are at least 18 years of age (19 in Alabama and Nebraska, 21 in Mississippi) at time of entry. Sweepstakes commences at 7:00 AM ET on April 11, 2022 and ends at 11:59 PM ET on May 9, 2022. Subject to Official Rules at www.goodyear400sweepstakes.com/. For method of entry and prize description see Official Rules. Msg & Data rates may apply. Odds of winning depend on number of eligible entries received. Total ARV of Prize is $501. Sponsor: The Goodyear Tire & Rubber Company, 200 Innovation Way, Akron, Ohio 44316. VOID OUTSIDE OF THE 50 UNITED STATES AND THE DISTRICT OF COLUMBIA AND WHERE PROHIBITED BY LAW
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It employs about 72,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
About Darlington Raceway
Darlington Raceway, nicknamed The Lady in Black and the track Too Tough To Tame, is home to the award-winning Official Throwback Weekend of NASCAR and annually hosts two NASCAR Cup Series race weekends, along with the NASCAR Xfinity Series and/or NASCAR Camping World Truck Series. Opening in 1950, Darlington Raceway is "A NASCAR Tradition" and NASCAR's original superspeedway with its famed 1.366-mile egg-shaped oval, challenging the sports best in one of the most iconic NASCAR races, the Southern 500®. For more information about Darlington Raceway, visit darlingtonraceway.com.
About NASCAR
The National Association for Stock Car Auto Racing, LLC (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States and owner of 16 of the nation's major motorsports entertainment facilities. NASCAR consists of three national series (NASCAR Cup Series™, NASCAR Xfinity Series™, and NASCAR Camping World Truck Series™), four regional series (ARCA Menards Series™, ARCA Menards Series East & West and the NASCAR Whelen Modified Tour™), one local grassroots series (NASCAR Advance Auto Parts Weekly Series™) and three international series (NASCAR Pinty's Series™, NASCAR Mexico Series™, NASCAR Whelen Euro Series™). The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. NASCAR also owns Motor Racing Network, Racing Electronics, and ONE DAYTONA. Based in Daytona Beach, Florida, with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. For more information visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat ('NASCAR').
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| 2022-04-11T12:23:52Z
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Treatment with HT-KIT prevented cancer cell growth and induced death in neoplastic mast cells over 72 hours
HT-KIT inhibits tumor growth and systemic organ infiltration using both an allograft mastocytosis model and a humanized xenograft MC tumor model.
Orphan Drug status granted, successfully completed API manufacturing feasibility
NEW YORK, April 11, 2022 /PRNewswire/ -- Hoth Therapeutics, Inc. (NASDAQ: HOTH), a patient-focused biopharmaceutical company, today announced a development updates for its novel cancer therapeutic, HT-KIT.
Hoth's innovative approach, which employs a chemically-stable antisense oligonucleotide to target the proto-oncogene KIT through by frameshifting KIT mRNA transcripts, has potential as a KIT-targeted therapeutic alone, or in combination with agents that target KIT signaling, in the treatment of KIT-associated malignancies.
Through a sponsored scientific research agreement with North Carolina State University, the team used the HT-KIT mRNA frame-shifting approach on mast cell leukemia cells in vitro and found that KIT protein expression, signaling and function were reduced. Treatment with HT-KIT prevented cancer cell growth and induced cell death over 72 hours. In a humanized mast cell leukemia mouse model, tumor growth and infiltration of other organs were reduced and tumor cell death increased when HT-KIT induced frameshifted c-KIT mRNA.
Hoth has filed several patent applications to protect this IP throughout the world.
"With our HT-KIT drug, we are flipping off a key cancer signal that's involved in multiple aggressive cancers, such as systemic mastocytosis, mast cell leukemia, gastrointestinal stromal tumors and acute myeloid leukemia. Our approach avoids pitfalls related to KIT mutations by targeting mRNA. Our next round of preclinical studies are underway and we are excited to utilize the results for our planned Pre-IND meeting with FDA later this year," stated Robb Knie, Chief Executive Officer of Hoth.
HT-KIT, a new molecular entity, was designated as an Orphan Drug for the treatment of mastocytosis earlier in 2022. HT-KIT Hoth has successfully completed manufacturing feasibility of the HT-KIT drug substance in collaboration with WuXi STA.
FDA Orphan Drug Designation is granted to investigational therapies addressing rare medical diseases or conditions that affect fewer than 200,000 people in the United States. Orphan drug status provides benefits to drug developers, including assistance in the drug development process, tax credits for clinical costs, exemptions from certain FDA fees and seven years of post-approval marketing exclusivity.
About HT-KIT
HT-KIT is a new molecular entity (NME) under development for treatment of mast cell derived cancers and anaphylaxis. HT-KIT was developed Dr. Glenn Cruse, Assistant Professor at North Carolina State University and shares the same molecular class as Hoth's current HT-004 drug. The HT-KIT drug is designed to more specifically target the receptor tyrosine kinase KIT in mast cells, which is required for the proliferation, survival and differentiation of bone marrow-derived hematopoietic stem cells. Mutations in the KIT pathway have been associated with several human cancers, such as gastrointestinal stromal tumors and mast cell-derived cancers (mast cell leukemia and mast cell sarcoma). Based on the initial proof-of-concept success, Hoth intends to initially target mast cell neoplasms for development of HT-KIT, which is a rare, aggressive cancer with poor prognosis.
About Hoth Therapeutics, Inc.
Hoth Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing new generation therapies for unmet medical needs. Hoth's pipeline development is focused to improve the quality of life for patients suffering from skin toxicities associated with cancer therapy, mast-cell derived cancers and anaphylaxis, Alzheimer's Disease, atopic dermatitis and other indications. To learn more, please visit https://ir.hoththerapeutics.com/.
Forward-Looking Statement
This press release includes forward-looking statements based upon Hoth's current expectations which may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and other federal securities laws, and are subject to substantial risks, uncertainties and assumptions. These statements concern Hoth's business strategies; the timing of regulatory submissions; the ability to obtain and maintain regulatory approval of existing product candidates and any other product candidates Hoth may develop, and the labeling under any approval Hoth may obtain; the timing and costs of clinical trials, the timing and costs of other expenses; market acceptance of Hoth's products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on Hoth's business, its clinical trials, its research programs, healthcare systems or the global economy as a whole; Hoth's intellectual property; Hoth's reliance on third party organizations; Hoth's competitive position; Hoth's industry environment; Hoth's anticipated financial and operating results, including anticipated sources of revenues; Hoth's assumptions regarding the size of the available market, benefits of Hoth's products, product pricing, timing of product launches; management's expectation with respect to future acquisitions; statements regarding Hoth's goals, intentions, plans and expectations, including the introduction of new products and markets; and Hoth's cash needs and financing plans. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. You should not place undue reliance on these forward-looking statements, which include words such as "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" or similar terms, variations of such terms or the negative of those terms. Although Hoth believes that the expectations reflected in the forward-looking statements are reasonable, Hoth cannot guarantee such outcomes. Hoth may not realize its expectations, and its beliefs may not prove correct. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled "Risk Factors" in Hoth's most recent Annual Report on Form 10-K and Hoth's other filings made with the U.S. Securities and Exchange Commission. All such statements speak only as of the date of this press release. Consequently, forward-looking statements should be regarded solely as Hoth's current plans, estimates, and beliefs. Hoth cannot guarantee future results, events, levels of activity, performance or achievements. Hoth does not undertake and specifically declines any obligation to update or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.
Investor Contact:
LR Advisors LLC
Email: investorrelations@hoththerapeutics.com
www.hoththerapeutics.com
Phone: (678) 570-6791
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| 2022-04-11T12:23:58Z
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Conference call to be held on Monday, May 2, 2022, at 8:30 a.m. Eastern Time
YOKNEAM, Israel, April 11, 2022 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD), a leading global provider of innovative medical technologies, announced today that it expects to release its financial results for the first quarter of 2022 before the Nasdaq market opens on Monday, May 2, 2022.
InMode is currently finalizing its financial results for the three months ended March 31, 2022. While complete financial information and operating data are not yet available, set forth below are certain preliminary results of InMode's financial results for such period, subject to final adjustments and other developments that may arise between now and the time such financial results are finalized. Based on preliminary results, management expects:
- Revenue for the first quarter of 2022 in the range of $85.0 million to $85.5 million
- Non-GAAP earnings1 per diluted share for the first quarter of 2022 in the range of $0.38 to $0.39
- Non-GAAP gross margin for the first quarter of 2022 in the range of 83% to 84%
"Our results in the first quarter of 2022 reflect the continued growth and demand for our minimal invasive solutions as well as the successful endorsement of our recently launched women health platform. Despite pressures from new Covid-19 variants and supply chain challenges, we're able to ensure a productive manufacturing facility and meet expected delivery times. The growing number of treatments in the U.S. and globally increased the sales of consumables, that consistently reach new records every quarter," commented Moshe Mizrahy, InMode's CEO.
Members of InMode's management team will host a conference call to discuss the first quarter of 2022 financial results on Monday, May 2, 2022, at 8:30 a.m. Eastern Time. Participants will include Moshe Mizrahy, Chairman and Chief Executive Officer; Dr. Michael Kreindel, co-founder and Chief Technology Officer; Yair Malca, Chief Financial Officer; Shakil Lakhani, President of North America; and Dr. Spero Theodorou, Chief Medical Officer.
1Please refer to "Use of Non-GAAP Financial Measures" below for important information about non-GAAP financial measures. Non-GAAP results exclude share-based compensation.
The Company encourages participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10164856/f208c6bfa8. Callers will receive a unique dial-in upon registration, which enables immediate access on the day of the call. Participants may pre-register at any time, including up to and after the call start time.
For callers that opt out of pre-registration, please dial one of the following teleconferencing numbers. Please begin by placing your call 10 minutes before the conference call commences. If you are unable to connect using the toll-free number, please try the international dial-in number.
U.S. Toll-Free: 1-833-316-0562
Israel Toll-Free: 1-80-921-2373
International: 1-412-317-5736
Webcast URL: https://services.choruscall.com/mediaframe/webcast.html?webcastid=f0uVBy8O
At:
8:30 a.m. Eastern Time
5:30 a.m. Pacific Time
3:30 p.m. Israel Time
The conference call will also be webcast live from a link on InMode's website at https://inmodemd.com/investors/events-presentations/. A replay of the conference call will be available from May 2, 2022, at 12:00 p.m. Eastern Time to May 16, 2022, at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers:
Replay U.S. TOLL-FREE: 1-877-344-7529
Replay TOLL/INTERNATIONAL: 1-412-317-0088
Replay Pin Number: 4639678
A replay will also be available for 90 days on InMode's website at: https://inmodemd.com/investors/events-presentations/.
About InMode
InMode is a leading global provider of innovative medical technologies. InMode develops, manufactures, and markets devices harnessing novel radio frequency ("RF") technology. InMode strives to enable new emerging surgical procedures as well as improve existing treatments. InMode has leveraged its medically accepted minimally invasive RF technologies to offer a comprehensive line of products across several categories for plastic surgery, gynecology, dermatology, otolaryngology, and ophthalmology. For more information about InMode, please visit www.inmodemd.com.
Forward-Looking Statements
The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or InMode's future financial or operating performance. Actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. In some cases, you can identify these statements because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will," "would" and similar expressions that concern our expectations, strategy plans or intentions. Forward-looking statements are based on management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict, including with respect to the impact of the COVID-19 global outbreak. Consequently, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in InMode's Annual Report on Form 20-F filed with the Securities and Exchange Commission on February 10, 2022, risk factors relating to the COVID-19 global outbreak and our future public filings. InMode undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which pertain only as of the date of this press release.
Use of Non-GAAP Financial Measures
This release includes an estimate of InMode's expected non-GAAP earnings per diluted share for the first quarter of 2022. Because this financial measure is used in InMode's internal analysis of financial and operating performance, management believes that it provides greater transparency to investors of management's view of InMode's economic performance. Management also believes the presentation of this measure allows investors to more effectively evaluate and compare the performance of InMode to that of its peers, although InMode's presentation of this non-GAAP measure may not be comparable to other similarly titled measures of other companies. InMode has not provided a reconciliation of non-GAAP earnings per diluted share to the corresponding GAAP financial measure on a forward-looking basis due to the potential variability, limited visibility and unpredictability. See "Forward-Looking Statements" for additional information.
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| 2022-04-11T12:24:04Z
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Sanolla's pioneering technology draws lifesaving medical insights from listening to bodily sounds that cannot be heard by humans
The startup's AI algorithms provide unmatched disease classification for many cardiopulmonary diseases including COPD, pneumonia, asthma, and cardiac morbidities
NESHER, Israel, April 11, 2022 /PRNewswire/ -- Israeli startup Sanolla, which provides AI-powered primary care diagnostic solutions, announced that the FDA has granted 510(k) clearance for the clinical use of the AI-ready VoqXTM, the first stethoscope in the world that can listen to infrasound - acoustic waves that cannot be heard by humans. The FDA clearance follows the Israeli Health Ministry's recently granted regulatory approval. The regulatory approvals enable Sanolla to immediately make the VoqX available for clinical use in the US and Israel, with the aim of replacing all of today's archaic-technology stethoscopes with its smart infrasound stethoscope.
Sanolla's AI algorithms provide unmatched disease classification for many cardiopulmonary diseases including COPD, pneumonia, asthma, and cardiac morbidities. The company has submitted 20 patent applications, 8 of which have already been granted.
"FDA clearance is an important milestone for Sanolla. The VoqX, which has been used extensively for studies in the United States, Europe and Israel, is now available for clinical use," said Dr. Doron Adler, Sanolla's co-founder and CEO. "Our distribution partners have been waiting for this moment to begin sales in the US and other territories."
Sanolla's novel technology, dubbed "The Sounds of Life", picks up clinically rich low-frequency sound waves (3-40Hz), also known as infrasound, which are not audible to the human ear yet carry diagnostic information beyond what is available in the audible spectrum only.
The VoqX's smart signal processing shifts sounds to the ear's most sensitive frequency range and coupled with dynamic noise cancelation provides an exceptional auscultation experience. Sanolla has developed AI algorithms for disease classification that make full use of the infrasound information that will be uploaded to the AI-ready VoqX upon their regulatory clearance. Alongside the VoqX, the company has developed the PyXy™ home monitoring device for chronic disease management and early exacerbation detection for chronic cardiopulmonary diseases.
Sanolla was established in 2016 by Dr. Doron Adler (CEO) and David Linhard (COO). To date, the startup raised $16 million, which include $9 million from the founders, angels, and NextLeap Ventures and $7 million from the European Union's Horizon 2020 programme and the Israel Innovation Authority. The company is set to begin a Round A funding raise this summer to cover sales, marketing, R&D, manufacturing collaborations and regulatory approvals.
Dr. Michael Wasserman, MD, a recognized expert on geriatric care and a member of federal and state advisory committees, said: "The VoqX is an excellent tool for diagnosing cardiopulmonary morbidities including valvular pathologies. Its acoustic optimization and dynamic noise cancellation make the VoqX an indispensable tool for physicians in any environment and is expected to improve early detection of heart and lung diseases at the primary care level by general practitioners".
Images for this announcement can be downloaded here.
Photographers' credits:
Dr. Doron Adler: David Moskovitz
Management / leading team: Moran Maayan
Sanolla team: Eyal Hirsh
Products photos: Tiko Product Design Studio
Media contact:
Amir Ben Artzi,
Meirovitch PR,
amir@meirovitch.com
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SOURCE Sanolla
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https://www.whsv.com/prnewswire/2022/04/11/israeli-startup-sanolla-receives-fda-clearance-worlds-first-ai-ready-infrasound-stethoscope/
| 2022-04-11T12:24:10Z
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