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BOSTON and DALLAS, April 19, 2022 /PRNewswire/ -- Athonet, a global leader in private network technology, and BearCom, a wireless integrator, are working together to bring private LTE, 5G and CBRS (Citizens Broadband Radio Service) solutions to key industries throughout North America.
The two companies have teamed up for private LTE proof-of-concepts and installations in education, healthcare, Industry 4.0 and other key industries that are looking for a wireless solution that brings the benefits of cellular coverage, including security, reliability and capacity, into the enterprise.
"When developing a private network, our customers rely on us to provide a mobile core that is proven, reliable and secure," said Mike Owen, chief technology officer, BearCom. "Athonet has delivered thousands of LTE, 4G/5G and CBRS mission-critical networks across the globe in the same verticals where we are focused."
One of the most recent installations was a private LTE network using CBRS for the Fort Worth Independent School District in Texas. The Athonet EPC LTE mobile core was deployed onsite at the district's data center. As the system integrator, BearCom brought in other vendors to supply the Spectrum Access System, home routers, CBRS eNodeBs (CBSDs) and radio access network (RAN) software for the network. The private LTE network is expected to support up to 4,000 students.
"Organizations are beginning to understand the benefits of private networks but need an integrator that can bring all the vendors together to deliver business results," said Simon O'Donnell, president, Athonet USA.
Athonet and BearCom will be at Enterprise 5G East in Atlanta, GA on April 26-27, 2022 showing their solutions and speaking.
- Simon O'Donnell, Athonet, April 26 at 2:00 pm - "Seamless Integration Between Private & Public Networks: Ensuring Application Continuity Beyond the Enterprise Perimeter."
- Mike Owen, Bearcom, April 27 at 1:00 pm - "Deploy, Deploy, Deploy…Now What? Mastering Post-Deployment Managed Services."
About Athonet
Athonet is a leader in private cellular network technology delivering a mobile core to enterprises and communication service providers to connect applications, devices and radios. With more than 10 years of experience in delivering 4G/5G mobile core solutions to customers and partners in every region of the world, Athonet supports key industries where network control, mobility, security, performance, reliability and cost are important for business outcomes. Find out more www.athonet.com.
About BearCom
BearCom designs and delivers high-performance wireless voice, video and data communication integration solutions that boost operating efficiency, increase safety, and reduce Digital Inequity. Whether you need a Citizens Broadband Radio Service (CBRS) network, multi-point wireless network to connect your work teams, an integrated two-way radio system to add productivity across your facility, a bi-directional amplifier to enable communications between first responders, a video surveillance system to protect people and property, or any other wireless solution to improve team collaboration, BearCom can help. Find out more www.BearCom.com
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https://www.whsv.com/prnewswire/2022/04/19/athonet-bearcom-partner-private-lte-5g-cbrs-education-healthcare-industry-40/
| 2022-04-19T12:37:28Z
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The Grand Opening, titled "SPARE NO EXPENSE" benefits
Helping Hands of Southern California, is set for April 30 in Glendale, CA
GLENDALE, Calif., April 19, 2022 /PRNewswire/ -- In a call to address the lack of diversity in the entertainment industry, AWS LOYALTY GROUP TALENT AGENCY, established in 2021 and located in Los Angeles and Orange County, California, has launched a diversity and inclusion focused business. To celebrate the platform of change in the entertainment industry, the founder has set the grand opening titled, "SPARE NO EXPENSE" hosted by R&B/Jazz recording artist Miki Howard on Saturday, April 30, to begin with a red carpet at 7:30 p.m. at the elegant STARS ON BRAND, 417 North Brand Blvd., Glendale, CA 91203.
Invited celebrities include Stevie Wonder, Chaka Khan, Gabrielle Union, Danny Trejo, B Howard, Jamie Foxx, Tisha Campbell, and more. The show begins at 8:30 p.m. with live performances by Crystal Sierra, Brandon Monsalvo, Alli Star, Deonte Baker, Suzann Christine, and Cory Walker.
The grand opening event benefits Helping Hands of Southern California, a nonprofit 501 (c) 3, that provides 24-hour non-medical care for adults ages 18 through 59. The adult program focuses on helping homeless individuals, veterans, and men and women that are non-violent crime offenders, seeking a structured re-entry program from incarceration that is in a safe environment for drug and alcohol rehabilitation. Helping Hands of Southern California also provides minors in our facility with essential skills needed to survive as an adult in our society. We will also provide each minor with specialized training on domestic violence, anger management, teen abuse, and parenting intervention programs. For more information: www.helpinghandsofsocal.org
For Press/Media/Talent submissions or Sponsorship opportunities: contact Lawrence "LP" Phillips of LP Entertainment Productions at lppreventsenetertainment13@gmail.com or 310-619-8048.
#event #inclusion #diversity #talent #talent #aws #artist #helpinghands
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https://www.whsv.com/prnewswire/2022/04/19/aws-loyalty-group-talent-agency-launches-diversity-inclusion-focused-business/
| 2022-04-19T12:37:34Z
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PARIS, April 19, 2022 /PRNewswire/ -- Beamy, a European pioneer in SaaS management for large companies, has raised more than $9 million in Series A funding. This funding round was led by the Aglaé Ventures, ISAI and Evolem funds, as well as business angels Nicolas Hernandez (360 Learning) and Erwan Keraudy (CybelAngel). The solution has already attracted notable customers including LVMH, Decathlon, Orange, Engie and BNP Paribas to provide a framework for governing the decentralization and implementation of their SaaS tools across their businesses.
Beamy, a scale-up featured in "Future 40" of STATION F, offers companies a unique solution that can detect and control the explosion of SaaS applications used in a decentralized way. The platform thus helps CIOs and other IT leaders control this parallel IT/digitalization and to strengthen the technological autonomy of the employees while preserving corporate governance.
Becoming aware of the explosion of SaaS in business is vital
The days of cumbersome and complex software suites being implemented and managed by IT departments alone are over. For years, SaaS has been exploding uncontrollably in large companies, creating underground digitalization.
In companies with more than 1,000 employees, there are on average several hundred different SaaS solutions in use, representing several million dollars in annual costs. According to a recent study by KPMG, the SaaS budget of companies will increase by 90% in the next 10 years, covering several thousand different solutions. A new IT paradigm is emerging.
However, this massive adoption of SaaS is largely outside of the IT department's control, which leads to a considerable underestimation of the real volume of SaaS applications already used by the business lines. Consequently, these companies become highly vulnerable to the risks of cyber attacks: each uncontrolled SaaS application represents a potential security breach. Finally, SaaS budgets, representing an ever-increasing share of corporate IT, are largely under-optimized. Many SaaS solutions cover the same uses and are thus redundant, while others are underused or even completely unused.
"In general, when we meet a CIO of a large company, they estimate that their organization uses 30 to 40 SaaS tools. However, when we begin working together, our technology detects several hundred active SaaS solutions, often revealing more than 75% of shadow IT," explains Beamy CEO and co-founder Andréa Jacquemin.
The need to build a framework of technological autonomy for all professionals
There is a change in the way large enterprises procure, implement, use and manage SaaS software applications. More than an IT phenomenon, the explosion of SaaS has introduced a real change within business organizations. "The top down vision of IT is over. We are witnessing a true decentralization of technological ownership and empowerment of business units, which are selecting and implementing their own solution," explains Jacquemin.
Accepting this trend means allowing employees who consider technology to be vital to the completion of their activities, to be engaged and become the primary actors in their IT landscapes. "The decentralization framework must be compatible with the technological autonomy granted. This is a story of balance – if we put too many constraints on employees' ability to choose their applications and implement lengthy processes, they will still use the applications but won't go through the proper channels with IT in the implementation," explained Jacquemin. "Without a solid structure of decentralization, the risks will be considerably increased and the budgets won't be optimized. In any situation, you have to find the proper balance in terms of autonomy that works for your workforce, but keeping the status quo on this subject is the worst solution."
For this, Beamy has developed powerful scoring algorithms capable of detecting all of the SaaS applications actually implemented in the company. Beamy then is able to follow the evolution of each application over time, provide employees with a catalog of all applications implemented in the company, define an autonomy matrix according to the potential risks of future applications, and navigate an app store of more than 50,000 applications on the market.
Beamy thus guarantees a global approach to SaaS governance necessary to support large companies in the long term to structure their IT decentralization and establish synergy between all stakeholders (CEOs, CIOs/other IT leaders, and business teams).
Beamy wants to accelerate its international expansion
With an impressive end to 2021, this fundraising will allow the company to accelerate its international development (Beamy already being present in France and the United Kingdom on the international market), and strengthen customer relations by supporting them in their long-term governance efforts. "We are convinced that SaaS issues are major issues for large companies, whether French or international. With this fundraising from major investors including Agaé Ventures and ISAI, both of whom are recognized for offering cutting edge expertise in the tech sector, we are setting out to conquer the international market," explains Jacquemin.
To do this, Beamy plans to focus its investments on two major areas: Recruitment, with plans to hire 40 more team members in the next twelve months; Product development, with the strengthening of detection technology and decentralization workflows to further streamline collaboration between IT and business lines in the implementation and management of new SaaS solutions.
"As investors, we are familiar with the SaaS model and the benefits that users and business departments can derive from it. For large companies, mastering this deployment, which is often in the 'shadows', represents a real challenge," said Jean-David Chamboredon, President of ISAI. "The vision of Beamy's founders to identify, rationalize, unify, and allow the security of this B2B SaaS stack within organizations quickly convinced us. The excellent customer feedback we have been able to collect shows that Beamy is in the process of becoming the reference platform in this field."
"Beamy provides an exhaustive view of SaaS tools and provides a governance platform with a real return on investment," said Léa Verdillon of Aglaé Ventures. "The great feedback we've heard from customers convinced us that Andréa and Edouard formed the right team to develop Beamy. The international ambition that drives them is in perfect harmony with the fast-growing market, particularly in the United States, which is one of our areas of investment."
Press Contacts
beamy@lagencerp.com
Khloé Lewis – (351) 218-3602
Caroline Lidz – (351) 218-3603
About Beamy
Thanks to its innovative technology, Beamy offers a SaaS governance platform that detects and controls the entire SaaS environment of its customers, and eliminates Shadow IT. Beamy thus helps the CIOs of large companies to regain control of this parallel IT and rebuild effective governance to enable businesses to amplify their digitalization through SaaS while framing it. Beamy's ambition is to make SaaS Governance one of the priorities of large companies in Europe and internationally. To learn more, visit https://www.beamy.io
About ISAI
Launched in 2010, ISAI is the Tech Entrepreneurs' Fund and brings together a community of over 350 entrepreneurs around the world. Nearly 300 successful entrepreneurs, who have invested in ISAI funds, and more than 50 ISAI-backed start-up co-founders share the collective ambition of co-writing great entrepreneurial stories. ISAI invests in differentiated projects run by ambitious teams that it selects rigorously and actively supports.
ISAI Gestion, an investment management company approved by the AMF, with over €500 million under management, aims to finance and support high potential Tech companies, at the seed/post-seed stage (venture capital, from €150K to €3M with participations in successive rounds) or when they have already reached the break-even stage (Tech Growth/LBO, tickets from €5M to €50M).
More information on www.isai.fr
About Aglaé Ventures
Aglaé Ventures is an international venture capital firm based in Paris, New York and San Francisco backed by Agache, the controlling shareholder of LVMH. Aglaé Ventures invests from €100K up to €100M in asset light activities and fast-growing technology companies at all stages. Over the past 20 years, Aglaé and its affiliates have backed some of the most iconic global technology companies including Netflix, Slack, Spotify, Airbnb, Automattic, eToro and many others. Learn more at https://aglaeventures.com/
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https://www.whsv.com/prnewswire/2022/04/19/beamy-raises-9-million-govern-explosion-saas-companies-build-framework-their-it-decentralization/
| 2022-04-19T12:37:41Z
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BOSTON, April 19, 2022 /PRNewswire/ - BeMo Academic Consulting ("BeMo") announces one of a kind MCAT® prep program that is sure to motivate students to get a perfect score: The 90-Day MCAT 520 Challenge™. Known as the trusted leader in personalized admissions prep with unlimited prep and bold guarantees, BeMo puts a unique spin on traditional MCAT prep by promising top MCAT scorers free preparation. How does it work? Here's a quick rundown:
It's a win-win program for the students whether they get the desired score or not. If a student achieves a score of 520 or more within 90 days of enrolling in one of BeMo's MCAT prep programs, BeMo turns their MCAT prep enrollment fee into BeMo credits for use for any other of BeMo's programs, including application review, CASPer prep, interview prep, residency applications, and more. This means that BeMo is essentially paying for students who do well on the exam.
That's not all. If a student does not score well, they can repeat the MCAT prep program also for free.
For those who are still on the fence about committing to this challenge, BeMo offers their "100% Love It or Your Money Back" guarantee to everyone to try one consultation session absolutely risk free.
"Unlike most educational programs, we understand that one size does not fit all. We appreciate, enjoy, and promote diversity. Our goal has been and remains providing the very best personalized preparation to our students. With the 90-Day MCAT 520 Challenge, we want to motivate every student to do well, so that they have choice when applying to medical school. We believe students should be as selective about their choice of medical education as medical schools are about choosing students. Given the heavy emphasis on admissions tools such as MCAT, CASPer, situational judgement tests, interviews, personal statements and other tools that may not necessarily select intrinsically motivated applicants and may cause bias, as studies suggest, we want to make sure our students have all the tools they need to succeed, so they are not unfavorably impacted by these admissions screening practices.", said Dr. Behrouz Moemeni, PhD, CEO of BeMo.
To learn more about BeMo's MCAT prep programs, visit BeMoMCAT.com.
About BeMo®: BeMo is the trusted leader in personalized admissions prep to top universities in the US, Canada, the UK & Australia with unlimited support & bold guarantees. BeMo's mission is reduce barriers to education by making education accessible to everyone. BeMo is the creators of the most widely read blog in higher education "The Admissions Experts Blog" found at BeMo.Blog.
Disclaimer: MCAT is a registered trademark of AAMC. BeMo and AAMC do not endorse or affiliate with one another.
Related Links
https://bemoacademicconsulting.com/
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SOURCE BeMo Academic Consulting Inc.
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https://www.whsv.com/prnewswire/2022/04/19/bemo-reveals-bold-challenge-mcat-test-takers-90-day-mcat-520-challenge/
| 2022-04-19T12:37:47Z
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LOS ANGELES, April 19, 2022 /PRNewswire/ -- California-based Biliti Electric Inc (Biliti) announced that it intends to setup the world's largest electric three-wheeler factory in India's Telangana state, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the State's policy to become a global hub for electric vehicle (EV) and energy storage manufacturing.
Biliti currently operates through an exclusive manufacturing partnership with Hyderabad-based Gayam Motor Works (GMW) for manufacturing its three-wheelers. Biliti's Taskman™ is a popular last-mile delivery vehicle which is deployed in 15 countries across the globe including Japan, USA, UK, France, Portugal, Germany, Lebanon, Uganda, Kenya, Senegal, Nepal, Bangladesh, Dubai and India, and has covered over 20 million miles. In addition to the manufacturing facility, it has assembly plants in the US, Portugal, and Kenya. Taskman™ is being used by Amazon, IKEA, Wasoko (Sokowatch), BigBasket (Tata), Zomato, Flipkart (Walmart), Grofers among others.
"When we launched the EV policy two years ago, it was with the mission to make Telangana state a preferred destination for setting up electric vehicle manufacturing. We are now seeing that becoming true with companies like Biliti establishing the world's largest three-wheeler factory here," said Industries Minister KT Rama Rao.
"This is the largest investment in EV manufacturing announced in the State this year, coming shortly after another California-based company Fisker announced its second headquarters in Hyderabad. The State is committed to promoting clean industries and promises to extend all benefits to the company admissible under the government's policy. The story of Biliti is not just another opportunity because of the State's encouraging policy but a realization of the State's vision for innovation and technology with the founders of the Company directly associated with T-Hub through a previous start-up," Rao added.
"We are proud to manufacture our exciting EV lineup in Telangana state," said Rahul Gayam, Biliti Electric's CEO. "The Taskman™ has already made more than 12 million deliveries worldwide with many more to come. Our batteries and drivetrain are compact and modular in design, allowing them to have wider applications in auto, marine, warehousing, and backup power sectors enabling the buildout of an EV ecosystem."
The facilities will be built in two phases over an area of 200 acres. Phase I will be developed over 13.5 acres with the capability to produce 18,000 vehicles per year and is expected to be operational in early 2023. The larger facility spread across 200 acres will be operational in 2024 and have the capability to produce 240,000 vehicles per year. The plants will produce all of Biliti's products including the cargo model Taskman™ and the passenger version Urban™ to serve customers in the global markets.
Biliti stands out in the market in its core technological innovations. Its SmartSwapp™ technology allows the vehicle batteries to be swapped in less than one minute, overcoming the challenges of lack of charging infrastructure, unreliable electric grid, range, and time pressure for delivery drivers.
Luxembourg-based GEM Global Yield LLC has committed $400 million to Biliti in the form of a Share Subscription Facility, well-positioning the Company to accelerate its growth, execute new strategic initiatives, acquire cutting edge technology players, and expand its manufacturing base to deliver on the company's vision of accelerating the world's transition towards smart and sustainable mobility.
About Telangana's Industrial EV Policy
Building up on the central government's Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME II) scheme, the state of Telangana launched a new EV policy with the vision to make the State a hub for electric vehicles and energy storage systems. With the policy, the State has paved the way for unlocking multiple incentives to reduce clean transportation related costs and accelerate adoption of EVs, create an ecosystem of EVs, charging infrastructure, energy storage, and component manufacturing to promote shift from dependence on fossil fuels, with an objective to attract four billion dollars in private investments that will create over 100,000 jobs by 2030, making the State a major base for EV and ESS sectors.
About BILITI Electric
Founded in 2021, BILITI Electric is a fast-growing electric mobility company that designs and manufactures compact EVs. BILITI exports compact electric vehicles to more than 15 countries, including the European Union. BILITI's Founder Rahul Gayam has been listed among Forbes Asia 30 Under 30 in 2018 and was Global Fellow of Mercedes-Benz EQ in 2019.
BILITI Electric has partnered with GMW Electric, India to deploy electric three-wheelers in the US, UK, EU, Japan, UAE, India and African markets. For more information, please visit www.bilitielectric.com.
MEDIA CONTACT: Colleen Robar, 313-207-5960, crobar@robarpr.com
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https://www.whsv.com/prnewswire/2022/04/19/biliti-electric-setup-worlds-largest-electric-three-wheeler-manufacturing-facility-indias-telangana-state/
| 2022-04-19T12:37:53Z
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New cancer research foundation will help accelerate discoveries in glioblastoma, ovarian, and pancreatic cancers using a bold new approach.
CAMBRIDGE, Mass., April 19, 2022 /PRNewswire/ -- Today, one year after its founding, Break Through Cancer announced $50 million in grants to support several cutting-edge research projects using a novel "TeamLab" structure—designed to maximize interdisciplinary collaboration among researchers at Dana-Farber Cancer Institute, Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins, Memorial Sloan Kettering Cancer Center, Koch Institute for Integrative Cancer Research at MIT, and The University of Texas MD Anderson Cancer Center. This first-of-its-kind model for collaboration enables researchers to boldly tackle some of the biggest challenges in cancer. Break Through Cancer hopes to overcome conventional barriers to multi-institution teamwork using streamlined systems and advanced analytics for data sharing in real time; umbrella contractual agreements that reduce administrative burdens on researchers; and pioneering policies on intellectual property and authorship.
The Foundation is funding four TeamLab-based research projects with an initial investment of more than $50 million in grants to bring new approaches and innovative ideas as rapidly as possible to the clinical challenges of glioblastoma, ovarian, and pancreatic cancers.
"Break Through Cancer and its partner institutions are reducing the siloes in the academic research system as never before," said Tyler Jacks, president, Break Through Cancer. "In just one year's time, we have built an expansive and impressive community of leading cancer researchers and physicians who can now work as one to accelerate the pace of discovery. This model of radical collaboration will empower many of the brightest minds in cancer research and maximize the capabilities of partner institutions."
Added Jacks, "In the near future, we look forward to partnering with pharmaceutical and biotechnology companies as well as technology developers to further expand the impact of Break Through Cancer."
"To be part of Break Through Cancer's new model of research collaboration is extremely exciting," said Rebecca Stone, MD, MS, director of the Kelly Gynecologic Oncology Service, associate professor of Gynecology and Obstetrics, Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins, and a principal investigator for Break Through Cancer's funded research in ovarian cancer. "Break Through Cancer has created a fertile ecosystem for nurturing new ideas and rapidly bringing laboratory discovery to advance cancer care."
Break Through Cancer's initial investment of $50 million will fund the following research projects for an initial three-year period and will include researchers and physicians from all five partner institutions.
Intercepting Ovarian Cancer
- Recent research has shown that most, if not all, high grade serous ovarian cancer originates as precursor lesions of the fallopian tubes.
- In addition to characterizing precursor lesions located in the fallopian tubes, the team will develop strategies to expand awareness of and access to safe and effective ways for women to undergo fallopian tube removal as a primary prevention strategy, particularly in women who are done having children and are already undergoing elective abdominal surgeries.
Targeting Minimal Residual Disease (MRD) in Ovarian Cancer
- A key factor underlying these poor ovarian cancer cure rates is the ability of cancer cells resistant to chemotherapy to persist after frontline treatment.
- Among other aims, the research team will develop and benchmark the accuracy of new blood biopsy and "second-look" surgical technologies to monitor MRD at high resolution including extensive use of single-cell analysis.
Revolutionizing GBM Drug Development Through Serial Biopsies
- The Revolutionizing GBM (glioblastoma) Drug Development Through Serial Biopsies project will demonstrate the safety and feasibility of carefully performed serial biopsies, and assess how promising new therapies directly affect these brain tumors. The objective of the project is to establish a new paradigm of therapy development for GBM.
- The extraordinary level of funding support from Break Through Cancer, highly unusual in GBM research, will be essential to overcoming many financial and logistical barriers to converting the vision of longitudinal tumor sampling into a reality.
Conquering KRAS in Pancreatic Cancer in partnership with the Lustgarten Foundation
- The Conquering KRAS in Pancreatic Cancer team will integrate clinical and laboratory approaches to understand why patients do or do not respond to new KRAS directed therapies using powerful technologies to deeply investigate biology in preclinical models and in humans.
- The team will develop pharmaceutical partnerships to accelerate the translation of new KRAS inhibitors into effective drugs for this disease.
About Break Through Cancer
Founded in 2021, Break Through Cancer empowers outstanding researchers and physicians to both intercept and find cures for several of the deadliest cancers by stimulating radical collaboration among outstanding cancer research institutions, including Dana-Farber Cancer Institute, Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins, Memorial Sloan Kettering Cancer Center, MIT's Koch Institute for Integrative Cancer Research, and University of Texas M.D. Anderson Cancer Center.
breakthroughcancer.org, LinkedIn, Twitter
Contact:
Jennifer Goonan
jenn@rocketsocialimpact.com
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https://www.whsv.com/prnewswire/2022/04/19/break-through-cancer-announces-50m-grants-empower-researchers-five-top-cancer-research-centers-work-one/
| 2022-04-19T12:37:59Z
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NEW YORK, April 18, 2022 /PRNewswire/ -- Brightwood Capital Advisors ("Brightwood"), a leading private credit and impact firm, today announced the appointment of Frederick Jelks as a Director in the firm's Risk group and Chris Halajian as a Director in the firm's Underwriting group.
"We are excited to welcome Fred with his extensive operational expertise and experience, and to welcome back Chris who rejoins the Brightwood team with significant private credit and healthcare services experience, a key part of Brightwood's investment focus," said Sengal Selassie, Managing Partner and Chief Investment Officer of Brightwood. "Following a strong year of capital deployment and investment realization, Fred and Chris will enable us to continue building on our momentum and deliver even greater value to Brightwood's investors and borrowers for years to come."
Mr. Halajian brings more than a decade of experience in M&A advisory, private capital markets, and principal investing across the capital structure. Prior to serving as a Senior Business Development Leader for the early-stage mental health services company Geode Health, Mr. Halajian co-founded Mental Health Partnership with a small group of investors. Mr. Halajian also served as a Vice President at Brightwood Capital Advisors, where he was a member of the Investment Team leading deal execution and working directly with financial sponsors and owner/operators. Mr. Halajian also held roles as an investment bank analyst for JP Morgan and Rabobank, and as a financial management analyst for Cantor Fitzgerald. He holds a bachelor's in Finance and Accounting from Fordham University.
Mr. Jelks brings strong operational experience from AlixPartners, where he served as a director and provided turnaround and restructuring services to debtors and creditors in bankruptcy and out-of-court restructurings. Previously, Mr. Jelks held positions as a senior associate for Conway Mackenzie, where he focused on corporate restructuring and business advisory services to distressed middle-market companies across a range of industries. Mr. Jelks also held roles an associate for Marc Bell Capital Partners and as an analyst for UBS Investment Bank in their Telecommunications Group. He holds an MBA from Columbia Business School and a bachelor's in Economics from Yale University.
Brightwood's expansion of its team follows one of the firm's most active investment periods, having deployed more than $2 billion of capital to more than 50 new and existing borrowers during this past year. Brightwood also enjoyed strong realization activity with successful exits from more than 20 investments.
About Brightwood Capital
Brightwood Capital is a direct lending private investment firm that specializes in providing growth capital to U.S.-based, small- and medium-sized businesses in five core sectors: healthcare services, business services, technology & telecommunications, transportation & logistics, and franchising. Brightwood's team of more than 45 employees manages more than $4 billion of capital on behalf of its investor base.
Contact
Prosek Partners
Ben Howard
bhoward@prosek.com
(914) 552-4281
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SOURCE Brightwood Capital Advisors
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https://www.whsv.com/prnewswire/2022/04/19/brightwood-announces-appointment-frederick-jelks-chris-halajian-directors/
| 2022-04-19T12:38:06Z
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MINNEAPOLIS, April 19, 2022 /PRNewswire/ -- Brown Venture Group LLC, a Black-owned venture capital firm formed to fund Black, Latinx, and Indigenous technology entrepreneurs, has launched a partnership with tribal governments nationwide to advance opportunities for American Indian entrepreneurs.
"While less than 3 percent of VC funds are going Black and LatinX startups, the number being invested in Indigenous entrepreneurial efforts is even smaller," said Paul Campbell, co-founder and managing partner of Brown Venture Group. "By joining forces, we have more power to change that and leverage the opportunities that exist for indigenous entrepreneurs as more and more companies and individuals are interested in investing in the BIPOC community. Collectively, we need to develop those paths and articulate the procedures to make that happen."
The tribal governments partnering with Brown Venture Group include:
- Mesa Grande Band of Mission Indians in California
- Confederated Salish and Kootenai Tribes of the Flathead Reservation in Montana
- Apache Tribe of Oklahoma
The goal of the partnership is to provide access to capital to indigenous entrepreneurs, offer education to both investors and entrepreneurs about the opportunities and pathways that exist for mutual success and the overall development of a meaningful, supportive ecosystem that builds a network for new entrepreneurs.
"For the past 50 years, tribes have relied on federal and other grants to support their business development efforts," said Keely Linton, President of Mesa Grande's Business Development Corporation. "The problem with that model is that it's not sustainable. When the grant money runs out, the business is finished. We are creating a new model with this partnership. It's an exciting opportunity to think differently about developing a sustainable pathway to success, especially for smaller tribes like ours."
According to Tahda Ahtone, Esq., Principal Attorney at Ahtone Law and business consultant for tribal governments, there is a tremendous opportunity to connect investors to entrepreneurs within the Native American community.
"Investors are missing out on innovative sustainable technology and business opportunities that have been informed by tribal culture and customs, that with an infusion of capital, have enormous potential," Ahtone said.
Brown Venture Group, along with members from the initial participating tribes, will be hosting a series of education workshops this fall with additional tribes around the country specifically to discuss equity financing opportunities that are available. In addition, the group will be seeking participation from additional tribes and investors.
"The fact of the matter is we have been missing the I in BIPOC," Campbell said. "Now is the time to develop meaningful and trusting relationships with Indigenous communities so we can begin co-creating the process of working with not for Indigenous communities everywhere. As corporations continue to focus on funding BIPOC initiatives, they need to include the Indigenous nations in the conversations. This partnership is the vehicle to help connect change-making corporations and equity partners with that I in BIPOC."
About Brown Venture Group
Launched in 2018, Brown Venture Group, LLC, is a venture capital firm exclusively for Black, Latinx and Indigenous technology startups. Brown Venture Group is writing a new playbook for both those interested in launching a minority-owned technology startup and those interested in investing in new technologies. For more information go to brownventuregroup.com.
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SOURCE Brown Venture Group
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https://www.whsv.com/prnewswire/2022/04/19/brown-venture-group-partners-with-tribal-governments-across-country-advance-opportunities-native-american-entrepreneurs/
| 2022-04-19T12:38:12Z
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NEW YORK, April 19, 2022 /PRNewswire/ -- BXS announced today that Swaad Golam has been named Chief Technology Officer for BXS. The board of directors and senior management unanimously embrace this hire and look forward to the strategic value he will bring.
Joining BXS as CTO in April 2022, Golam brings extensive expertise and adds value for our clients; leveraging his subject matter expertise in low latency trading, real time trading analytics and telemetry.
"As BXS continues to expand into new asset classes and markets, it was only logical to bring on someone with Swaad's vast experience in technology, capital markets and quantitative analysis," said Ben Calev, Founder and Chief Strategy Officer. "We look forward to continuing our pattern of aggressive innovation under his leadership."
Swaad comes from a highly diverse and unique background in capital markets, low latency trading, and quantitative development. As a Corvil Certified Expert (recognized as the gold standard for latency measurement); he held positions in product management, low latency trading architecture design, and solutions engineering.
Swaad brings his experience working at prestigious firms such as BGC Partners, Tradeweb Markets, and Corvil Ltd to deliver application, infrastructure, and multi asset class mastery to our clients.
"We look forward to exploring the synergies between best execution analytics and leveraging real time trading telemetry to enhance the amount of actionable data we provide our clients. Together, we hope to distinguish the current value proposition to empower our clients with an increased understanding of their trading capabilities." said Swaad Golam
In addition to this, Swaad has a proven ability to deliver value on topics including industry recognized solutions when consulting on trading architecture from feed handlers, market data feeds, order management systems, risk management systems, and determining speed to value realization. Swaad has also incepted, designed, architected, and implemented real time, high frequency trading telemetry solutions for Tier 1 investment banks monitoring over $1 trillion of flow.
Swaad holds a BS in Science and Technology Studies with a Computer Science specialty from New York University Tandon School of Engineering.
If you want to learn more about Swaad Golam, visit his LinkedIn profile at: https://www.linkedin.com/in/swaadg/
About BXS
BXS is a trade data analytics firm that builds cutting-edge technology to deliver high-performance software solutions and powerful market insights to broker-dealers, buy-side firms, hedge funds, market centers, and individual traders. BXS focuses on providing Best Execution tools, trading analytics and surveillance software across a range of asset classes, which enable market participants to meet a variety of reporting obligations while also unlocking competitive advantages. Founded in 2015 by the team that helped shape the modern equites reporting landscape and built on a robust modular platform, BXS combines made-to-measure solutions with exceptional client service, enabling a streamlined, highly intuitive process that minimizes cost.
Additional Information
Founder Ben Calev will be moving to a new role, Chief Strategy Officer, where he will be involved in the development of new product offerings for both traditional and emerging asset classes as well as industry thought leadership.
BXS Contact Information:
Vita Levin
vita.levin@bxstech.com
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| 2022-04-19T12:38:18Z
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Key hires include leaders for Engineering, Alliances, and Marketplace
SAN MATEO, Calif., April 19, 2022 /PRNewswire/ -- Celigo, the leading enterprise-wide Integration Platform as a Service (iPaaS) for the mid-market, today announced the hiring of three key executives that will expand the company's partnerships and alliances programs and drive faster product innovation.
"On the heels of our Series C Funding, it was important to increase our network of partners and technical expertise to be able to innovate more quickly," said Jan Arendtsz, Founder and CEO of Celigo. "All three of these executives have extensive backgrounds at cutting-edge global organizations and will be instrumental in developing the relationships and technology to establish Celigo as the dominant enterprise-wide iPaaS for the mid-market."
Suresh Pandian, SVP of Engineering
Suresh will be responsible for globally scaling the engineering organization to help Celigo rapidly bring new products and functionality to market. He will be scaling the platform not just to support Celigo's efforts, but to support partners and developers as well.
"Having spent many years in the cloud and iPaaS markets, I understand the importance of agility and speed in engineering. I'm looking forward to optimizing our engineering operations so that we can support customers, developers, and partners in their automation efforts."
Fred Stemmelin, VP Business and Corporate Development
Fred will lead Tech Alliances and Ecosystems and start a new Corporate Development practice. He brings more than 25 years of experience in partnerships, technology and SaaS leadership to the Celigo team.
"I've worked with countless CEOs to drive growth, innovation, product and sales strategy, and strategic partnerships, so this opportunity with Celigo was a logical fit. I'm looking forward to expanding the partnership and alliance program, opening new verticals, and ultimately increasing the value for Celigo's customers, shareholders, and partners."
Ronald Meaux, Vice President, Marketplace
In this new role, Ronald will lead the development and growth of the Celigo Marketplace and third-party developer ecosystem. Meaux has an extensive track record of building successful technology partnerships and will be instrumental in this next phase of the company's growth.
"Celigo has an excellent product, talented people, happy customers, and a big addressable market. Joining this executive team was an easy decision. I'm grateful for the opportunity."
Learn more about Celigo's entire leadership team and the passion and experience they bring to the business.
About Celigo
Celigo is the leading enterprise-wide Integration Platform as a Service (iPaaS) for the mid-market. Named a G2 Best Software for 2021, Celigo enables breakaway growth, controlled cost management, and superior customer experiences by ensuring that every process -- at any level of the organization -- can be automated in the most optimal way. For more information, visit www.celigo.com. Follow us on LinkedIn, Twitter, and Facebook.
For more information, press only:
BLASTmedia for Celigo
317.806.1900
celigo@blastmedia.com
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| 2022-04-19T12:38:25Z
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BURLINGTON, Vt. and DANVERS, Mass., April 19, 2022 /PRNewswire/ -- Cell Signaling Technology (CST), a discovery technology company and leading provider of antibodies, kits, and services, is the first life sciences company to join 1% for the Planet, committing to donate 1% of annual end-user product sales to support nonprofit organizations focused on the environment.
"At CST, reducing our environmental footprint has been a core company value since our sustainability and green initiatives began in 2001," said Michael J. Comb, Ph.D. company President and CEO. "This new partnership with 1% for the Planet reinforces our mission and aligns with our values in helping preserve the Earth's biodiversity, mitigate climate change, and protect our planet for future generations."
"We're thrilled to welcome Cell Signaling Technology to our global movement. As a leader in the life sciences industry, they are uniquely positioned to make the case for the power of the 1% for the Planet commitment," said Kate Williams, CEO of 1%. "We look forward to supporting their strategic philanthropy and seeing their amazing partnerships in action. They will be a strong role model in their field."
By contributing 1% of their annual sales, thousands of 1% for the Planet members have raised over $360 million to support approved environmental nonprofits around the globe. Nonprofits are approved based on referrals, track record, and environmental focus. Thousands of nonprofits worldwide are currently approved.
About Cell Signaling Technology
Cell Signaling Technology (CST) is a different kind of life sciences company—one founded, owned, and run by active research scientists, with the highest standards of product and service quality, technological innovation, and scientific rigor. Founded in 1999 and headquartered in Danvers, Massachusetts, USA, CST employs over 500 people worldwide. The company consistently provides scientists around the globe with best-in-class products and services to fuel their quests for discovery. CST is a company of caring people driven by a devotion to facilitating good science—a company committed to doing the right thing for its Customers, its communities, and our planet.
About 1% for the Planet
1% for the Planet is a global organization that exists to ensure our planet and future generations thrive. We inspire businesses and individuals to support environmental nonprofits through membership and everyday actions. We make environmental giving easy and effective through partnership advising, impact storytelling and third-party certification.
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| 2022-04-19T12:38:34Z
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ChargeSentry now supports over 100 of the top payment processors from around the world
LOS ANGELES, April 19, 2022 /PRNewswire/ -- ChargeSentry Inc. announces support for over 100 additional payment processors. Until today, ChargeSentry has only offered its automated chargeback response service to Stripe and PayPal merchants, but due to overwhelming demand, they quickly saw a need to extend support to a broader e-commerce merchant audience.
ChargeSentry will now offer chargeback response services to over a hundred of the largest payment processors from around the world such as First Data/Fiserv, WorldPay, Square, Shopify Payments, Authorize.net, Stripe, Square, PayPal, and many more. The additional payment processor support is offered to ChargeSentry' new and existing customers without the need any additional integration. Unlike many other chargeback response services, which require integration for their full set of features, ChargeSentry has eliminated integration with their instant payment processor connections. Making the signup process even easier, ChargeSentry customers simply need to provide some basic information and ChargeSentry responds to their chargebacks automatically.
Existing chargeback response services have neglected the small and medium-sized merchant market for years – often demanding lengthy contracts, charging expensive monthly fees, requiring considerable integration, and heavily relying on merchants' data to respond to chargebacks.
ChargeSentry solves these challenges for merchants by offering budget-minded monthly pricing, eliminating integration with instant payment processor connections, enriching chargeback details with fact-based information to increase win rates, and completely automating all chargeback responses – requiring no additional effort from the merchant.
"It's our goal to eliminate the stress and anxiety of responding to chargebacks for small and medium-sized e-commerce merchants. Our new payment processor support will help even more merchants respond to and win their chargebacks automatically," said Jack Shenon, CEO and Founder of ChargeSentry.
About ChargeSentry
ChargeSentry eliminates the friction for small to medium-sized merchants to stop losing and recovering more revenue from their chargebacks, automatically. ChargeSentry eliminates the challenge that many merchants have responding to chargebacks with instant on-boarding, transparent monthly pricing without lengthy contracts, and automatically responds chargebacks so that the merchant can focus on their business.
Website
https://www.ChargeSentry.com
Press Contact
press@chargesentry.com
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| 2022-04-19T12:38:40Z
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Publication: Chicago Business Bulletin: April, 2022 | Logistics Tech in Chicago
CHICAGO, April 19, 2022 /PRNewswire/ -- World Business Chicago, the city's public-private economic development agency, today published its latest research report digging into Chicago's logistics tech sector.
The city's economic agency now publishes original research-based content monthly. This latest report digs into Chicago's legacy infrastructure, current record-breaking levels of VC investment, plus strong network of universities, colleges, research incubators, have Chicago well positioned for significant growth in the logistics tech vertical.
Chicago stands at the U.S. crossroads of transportation, distribution and logistics. Chicago located companies benefit from central location advantage, diverse talent pipeline and ever-evolving and growing logistics tech and innovation. On the heels of today's report, Chicago was recognized as a top business hub by Business Facilities magazine (March/April 2022). Chicago is a city of movement, transporting people, goods, and new technology across the nation and around the world.
"With the increased investment and business accelerating from tech and innovation, coupled with the city's commitment to inclusive economic development, locally based and founded startups, companies, corporations will continue to be well positioned to thrive, expand and grow," said Michael Fassnacht, President & CEO, World Business Chicago, Chief Marketing Officer, city of Chicago.
The World Business Chicago Research Center found an 802 percent increase in Logistics Tech growth capital since 2019 in the Chicago area, stemming from an upsurge in e-commerce, the global supply chain crisis, and increased demand for emerging and accelerated tech like blockchain. Consider:
- Logistics tech has raised $1.38B in growth capital 2021, up from just $0.15B in 2019.
- Chicago growth capital investment beat out New York by 301 percentage points between 2019-2021,
- Over 100 locally headquartered companies that employ over 34,000 individuals
"Chicago is the center of the American logistics universe," says Will Kerr, President, Edge Logistics. "The Chicago logistics and logistics technology community has led the charge in new ideas for decades. The rest of the nation is noticing what is being built here in Chicago every day and the investments are pouring in. This trend will continue for years to come as TD&L business evolves and that change is created here in Chicago."
According to World Business Chicago, Chicago is a key e-commerce and transportation hub; this being a significant draw for companies looking to grow and expand, especially including those seeking to tap into the 6 of 7 class I railroads run through Chicago. Chicago's TD&L market is one of the nation's largest, employing over 260K individuals generating $24B annually.
"In the course of readying our latest report, we found that Chicago offers the second highest concentration of workers in both transportation and tech, behind San Bernardino Valley," said Hannah Loftus, Research Director, World Business Chicago. "That coupled with data that ranks Chicago as a top city for related occupations in logistics, sales and engineering, led to our finding that Chicago is primed for significant growth in this sector."
Within the larger verticals of Chicago's ecosystem, Logistics Tech has the second-highest growth in investments in 2021. This tech ecosystem now comprises 5 unicorns and 2 publicly held companies, the median post-deal valuation increased to $190M from $50M in 2020, demonstrating the size and maturity of Chicago logistics tech firms.
Chicago-based incubator programs, like 1871's Supply Chain Innovation Lab which launches applications April 2022, are an opportunity to fill gaps in early-stage logistics tech firms developing supply chain and logistics technology.
In conclusion, the April, 2022 edition of The WBC Research Center, Chicago Business Bulletin reports:
- Growth in value and size of Chicago logistics tech firms attracts more venture capital, private equity for growth and corporate VC
- Chicago is a market of choice for corporate relocations and expansions offering a unique blend of a maturing VC ecosystem, a legacy TD&L industry and a diverse talent pool
- Innovation labs in Chicago are taking advantage of the opportunity to develop underrepresented vertical segments, supporting early-stage firms, and capturing more and diverse tech talent.
About World Business Chicago
World Business Chicago serves a critical role in driving inclusive and equitable recovery throughout the city's 77-neighborhoods. As the city's economic development agency, World Business Chicago leads business acquisition, workforce and talent, community impact and equity, support of our business community and promotion of Chicago as a leading global city. Most recently Site Selection magazine awarded Chicago with the distinction as the No. #1 Top Metro, for the ninth consecutive year, for business expansion and relocation.
The preceding month's research report, Fintech in Chicago, a new perspective on Chicago's most storied industry, coincided with the agency's declaration that Fintech was its fifth priority sector, joining manufacturing, transportation logistics and distribution, food and agriculture, and healthcare, biotech and life sciences. For business related news, announcements, and original research-based content, follow World Business Chicago on Linkedin, Twitter.
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| 2022-04-19T12:38:47Z
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Working with partners including Netafim, Common Good Water rewards farmers who save water through a proven program that works with high-water-use crops while benefiting whole communities
SAN FRANCISCO, April 19, 2022 /PRNewswire/ -- Agriculture accounts for about 80% of California's withdrawals from surface and groundwater sources. That makes the sector our biggest opportunity to conserve water—and seizing that opportunity now is essential in light of Governor Gavin Newsom's sweeping executive order calling for aggressive water conservation measures throughout the state.
Common Good Water today launches a solution that gives businesses, governments and nonprofits a high-value way to manage water scarcity risk, bolster water security and create multiple environmental, social and economic benefits while supporting farming communities.
Common Good Water's first-of-its-kind water demand reduction platform is designed to reduce water use in agriculture while growing more abundant, healthier crops. The company is starting with alfalfa fields in California's San Joaquin Valley, one of the most productive agricultural regions in the world with one of the most threatened aquifers in the country.
Companies and other institutional customers purchase multiyear Conservation Contracts™ representing gallons saved over a crop's lifetime on farms that use subsurface drip irrigation systems with advanced crop management. Field results show these advances can reduce water use by up to 50%. Water savings funded by Conservation Contracts are independently quantified, verified and tracked to the farms that have conserved the water. Customers also receive a Water Dividend™ impact report that details verified gallons of water saved plus the associated environmental, economic and social gains.
Farmers receive a significant percentage of the revenue from Conservation Contract sales, making deployment of the technology and service possible. These combined components, tailored to the crop and growing region, drastically reduce the amount of water required to grow the world's thirstiest crops.
"Water connects all of us. No city, state, company or person can function without it. For too long, we've treated a finite resource like it's infinite," said Val Fishman, chief development officer at Common Good Water. "The world's biggest water users recognize their water strategies must go beyond securing their own future operations and value chains; it must also benefit the common good. How much will any customer care about your product if they don't have access to clean water?"
Fishman, previously chief development officer at Bonneville Environmental Foundation, added that the verified multiple benefits make Conservation Contracts a standout for sustainability and ESG leaders. "We are excited to offer companies and other institutions a convenient, verified program that is simple to implement and that provides measurable, reportable impact year over year."
Common Good Water's platform brings together an industry-leading group of technology, precision management and verification partners:
- Netafim USA, the global leader in precision irrigation solutions, is Common Good Water's technology partner. Its subsurface drip irrigation system is installed below the surface to deliver water and nutrients straight to a crop's roots. That leads to healthier plants and reduces water waste and nutrient pollution.
- Netafim-affiliated service providers deliver Common Good Water's precision crop management program to farms. When combined with the subsurface drip irrigation technology, this service reduces water consumption by approximately 50% and results in better-quality crops, higher yields and a longer plant lifespan.
- EcoMetrics quantifies and verifies the amount of water saved on each farm and values all of the other environmental, social and economic impacts stemming from the conservation. The firm compiles impact data for the acres associated with each contract so customers can utilize the direct impact information for their own business case analysis and sustainability reporting.
"At Netafim, we see the journey toward water positivity as a critical component to global sustainability efforts," said Netafim USA CEO Mike Hemman. "The innovative new model that Common Good Water developed for the sale of Conservation Contracts is a perfect fit with our mission of implementing regenerative agriculture practices that dramatically reduce water waste. Conservation Contracts turn farmers' water savings into newfound income streams and provide short- and long-term solutions that benefit our planet and our farmers."
Common Good Water is already receiving appreciation from farmers whose fields have been transformed by the deployment of the subsurface drip irrigation and precision crop management system.
Other broad benefits include:
- Water saved in San Joaquin Valley fields is conserved in Central California aquifers, which will sustain groundwater supplies during ongoing droughts.
- Maintaining viable farmland protects blue-collar jobs on the farms and in surrounding communities, contributing to local economic vitality.
- Subsurface drip irrigation puts less stress on plants than traditional methods, reducing the need for herbicides, allowing crops to sequester more carbon and leading to more oxygen production. That in turn promotes healthier soil and safer environments for farm workers and the public.
- After the alfalfa plants reach the end of their extended lifespan, farms will continue to benefit from a durable, long-lasting system that accommodates a full rotation of crops.
"We're starting with alfalfa in the San Joaquin Valley because it uses more water than any other crop in California. That's because of its vast acreage—the state contains approximately 600,000 acres of alfalfa fields—and its long growing season," explains Tyler Bennett, who co-founded Common Good Water with Michael Burney. "Converting just half of those 600,000 acres to Common Good Water's program would conserve about 240 billion gallons of fresh water every year for the crop's seven-year lifespan. It's a massive opportunity to reduce water demand if all stakeholders pull together.
"Alfalfa is a vital but lower-margin row crop," Bennett adds. "Until now, the economics for an efficient irrigation investment have been tough. But alfalfa is a rotational crop that provides the foundation for California's dairy industry, the largest in the country. The additional revenue from Common Good Water helps increase adoption of efficient irrigation by reducing the financial burden on farmers."
After taking root in the San Joaquin Valley, Common Good Water plans to expand its platform to water-stressed areas nationally and globally in pursuit of its mission to promote global irrigation efficiency, driving water prosperity and multiple positive impacts for all.
Common Good Water offers businesses, governments and nonprofits an affordable way to implement their strategies for reducing water risk, while providing financial incentives for farmers to conserve water and generating broad community benefits. The company sells Conservation Contracts™, which represent real gallons saved on agricultural land where environmentally beneficial subsurface drip irrigation technology and precision crop management enable farmers to produce more abundant, healthier crops using less water.
Infographics:
How it Works
Field Trial Results
Photos are available on request
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| 2022-04-19T12:38:56Z
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VANCOUVER, BC, April 19, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce the appointment of Jeane Hull to the Copper Mountain Board of Directors, effective immediately.
Ms. Hull has over 35 years of operational leadership and engineering experience, most notably holding the positions of Executive Vice President and Chief Technical Officer of Peabody Energy Corporation and Chief Operating Officer for Kennecott Utah Copper Mine, a subsidiary of Rio Tinto plc. Prior to joining Rio Tinto, she held multiple operational and technical leadership positions with Mobil Oil Corporation in the Mining and Minerals division and has additional environmental engineering and regulatory affairs experience in the public and private sector. Ms. Hull is currently a director of Interfor Corporation, Epiroc AB and Trevali Mining Corporation. She also serves on the Advisory Board for South Dakota School of Mines and Technology.
Ms. Hull holds a Bachelor of Science (Civil Eng.) from South Dakota School of Mines and Technology and a Master of Business Administration degree from Nova Southeastern University. She is a retired Registered Professional Engineer.
Copper Mountain's flagship asset is the 75% owned Copper Mountain Mine located in southern British Columbia near the town of Princeton. The Copper Mountain Mine currently produces approximately 100 million pounds of copper equivalent per year. Copper Mountain also has the 100% owned development-stage Eva Copper Project, which is expected to add approximately 100 million pounds of copper annually, in Queensland, Australia and an extensive 2,100 km2 highly prospective land package in the Mount Isa area. Copper Mountain trades on the Toronto Stock Exchange under the symbol "CMMC" and Australian Stock Exchange under the symbol "C6C".
Additional information is available on the Company's web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Gil Clausen"
Gil Clausen, P.Eng.
President and Chief Executive Officer
This news release may contain forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". In this document, certain forward-looking statements are identified. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include the risks set out in Copper Mountain's public documents, including in each management discussion and analysis, filed on SEDAR at www.sedar.com. Although Copper Mountain believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, Copper Mountain disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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| 2022-04-19T12:39:05Z
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WEST PALM BEACH, Fla., April 19, 2022 /PRNewswire/ -- MGO (Macias, Gini & O'Connell), one of the fastest-growing professional services firms in the United States, has selected PracticePro365, as its complete practice and project management solution.
"PracticePro 365™ will allow us to streamline our processes throughout the client lifecycle, delivering a best-in-class team member and client experience," said Kevin O'Connell, MGO's CEO and Managing Partner. "Beyond the efficiencies this system creates internally, PracticePro365 will provide us dynamic visibility into all aspects of our firm to improve productivity and grow revenue."
PracticePro 365's secure, cloud-based unitized solution harmonizes nine core features into one unified platform to efficiently and effectively run a professional services firm; eliminating the need for multiple systems and integrations.
"We are thrilled to add MGO to our growing family of clients," said Steve Templeton, founder and CEO of PracticePro 365, "they are an outstanding, innovative firm and a leader in the profession."
About PracticePro 365
PracticePro 365™ is a unitized, all-in-one, cloud-based practice management software suite for professional services firms. We combine deep industry and process expertise with our custom developed software, to enable growth and innovation for our clients. With over 30 years of experience in professional services, PracticePro 365 serves customers across all industries, providing tools to optimize resources, improve cash flow and plan for the future, so less time is spent managing and more time is spent on business growth. To learn more, visit us at practicepro365.com.
About MGO
As one of the fastest growing professional services firms in the country, MGO combines deep industry expertise with proven advisory and accounting solutions that deliver results. Our clients range from global technology and life science leaders to public companies and innovative start-ups – from the largest government entities in the country, to the biggest names in sports and entertainment.
MGO is ranked as one of the top CPA firms in the nation by Accounting Today and Inside Public Accounting, and the firm was awarded the 'Best of Accounting' designation in client satisfaction by the independent research firm.
Media Contact:
561-798-9988
info@practicepro365.com
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| 2022-04-19T12:39:12Z
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LOS ANGELES, April 19, 2022 /PRNewswire/ -- CR3 Partners continues to add new partners and staff across the U.S. to serve its increasing client base and is excited to announce that Winston Mar has joined as a Partner of the firm in our Los Angeles office.
"We are looking forward to expanding our presence in several key markets with Winston joining our group alongside our Los Angeles-based Partner Tim Skillman," said William Snyder, a founding Partner of CR3. "The restructuring market continues to be strong for CR3, and we are pleased that Winston's talents and expertise will enhance our existing West Coast team and our nationwide capabilities."
Winston's background includes setting strategic direction, leading and managing creditor negotiations, and implementing productivity improvements. Prior to joining CR3, Winston was a Senior Managing Director at a national interim management and advisory firm and a Managing Director at CRG Partners, a predecessor firm of CR3.
Said Winston, "I'm excited about moving to CR3 and rejoining a great group of restructuring professionals whom I used to work with side-by-side to create huge value for CR3 clients." Tim added, "I am thrilled to welcome Winston to our L.A. office and work with him to continue growing our practice on the West Coast."
About CR3 Partners
CR3 Partners is a national turnaround and performance improvement firm serving organizations and stakeholders across a broad range of industries during times of transition, opportunity, or distress. Our team consists of seasoned executives and industry veterans who bring a profound bias for action and exceptional results, with a keen focus on turnaround management, restructuring and operational improvement services. From our offices in Atlanta, Boston, Charlotte, Chicago, Dallas, Houston, Los Angeles, New York, and Richmond, CR3 Partners infuses agility, passion, experience and value creation into everything we do. To discover how we can be your partners for the road ahead, please visit www.cr3partners.com.
Contact
Rob Carringer, Partner
(972) 362-8500
marketing@cr3partners.com
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| 2022-04-19T12:39:19Z
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Researchers at Hospital Foch, France evaluated the performance of SeptiCyte® RAPID using patient samples from COVID-19 positive cases
Research study presented is supported by Immunexpress partner Biocartis
Immunexpress will be hosting an exhibit booth onsite #2.28.4
SEATTLE, April 19, 2022 /PRNewswire/ -- Immunexpress, Inc., a molecular diagnostic company focused on improving outcomes for suspected sepsis patients, today announced data presented by Immunexpress collaborator from a study supporting SeptiCyte® RAPID performance for COVID-19 patient triage at the 32nd European Congress of Clinical Microbiology & Infectious Diseases (ECCMID) hybrid event, taking place online and in Lisbon, Portugal from April 23-26, 2022.
SeptiCyte® RAPID is CE Marked and FDA cleared for use in hospitalized patients suspected of sepsis. The SeptiCyte® RAPID cartridge contains all the reagents needed for quantification of gene expression of host response genes directly from whole blood. The process is fully automated and uses the Biocartis Idylla™ platform to obtain results in one hour. SeptiCyte® RAPID generates a SeptiScore™ that falls within discrete Interpretation Bands based on the increasing likelihood of infection-positive systemic inflammation.
In a late-breaker presentation onsite, Immunexpress collaborators at Hospital Foch, France evaluated the performance of SeptiCyte® RAPID using patient samples from COVID-19 positive cases, in a study supported by Immunexpress partner Biocartis and the Biomedical Advanced Research and Development Authority (BARDA) (abstract #04729). Severe COVID-19 can be considered an example of viral sepsis. The study recruited 59 COVID-19 positive patients, identified by RT-qPCR, from whom blood samples were collected in EDTA tubes after admission to the Emergency Department (ED) or Intensive Care Unit (ICU) and processed using SeptiCyte® RAPID. Patients were stratified into 5 categories—critical, severe, extensive, moderate, and mild—based on severity of lung damage assessed by chest computed tomography (CT) scans. Results demonstrate that SeptiCyte® RAPID can distinguish between COVID-19 patients showing higher extents of lung damage as defined by lung CT scans (critical and severe) from those with a milder presentation (mild and moderate), with an AUC of 0.85. The SeptiScore® of critical and severe patients in the ICU were higher relative to the moderate and mild cases not in ICU, with an AUC of 0.87. Also, the SeptiScore® was significantly elevated for patients in the ICU versus those not in ICU, distinguished with an AUC of 0.82. Finally, the utility of the SeptiScore for longitudinal monitoring of patients with severe presentations was suggested by repeat testing on selected patients.
Rollie Carlson, Ph.D., Chief Executive Officer of Immunexpress, commented, "During the COVID-19 pandemic, sepsis incidence has increased. We demonstrated the value of a test such as SeptiCyte® RAPID to identify and triage patients in need of timely sepsis specific medical care. This study shows that the test can distinguish COVID-19 cases with severe or critical presentation on a CT scan from those with mild or moderate presentation. Identifying the cause of symptoms and accurately diagnosing patients where sepsis was not detected by traditional methods is an invaluable tool and when every minute to a diagnosis counts towards patient outcomes."
Immunexpress will be hosting an exhibit booth onsite #2.28.4.
The presentation can be accessed during the congress by registered attendees. The poster of the study is also accessible through the Technology section of the company's product website at www.septicyte.com.
About Immunexpress
Immunexpress is a molecular diagnostic company, based out of Seattle, committed to improving outcomes for patients suspected of sepsis. Immunexpress' SeptiCyte® technology can assess a patient's dysregulated immune response by quantifying and analyzing gene expression from whole blood, providing actionable results in about an hour to guide the physician in optimizing patient management decisions. SeptiCyte® RAPID is a lab test for sepsis that combines SeptiCyte® technology with the Biocartis' Idylla™ platform*, empowering clinicians to swiftly differentiate infection positive (sepsis) from infection negative systemic inflammation in patients suspected of sepsis; diagnosing bacterial sepsis, viral sepsis, or fungal infections. This powerful combination of technologies enhances certainty for early sepsis diagnosis, to improve clinical outcomes and lower healthcare costs.
In March 2020, Immunexpress received CE Marking of SeptiCyte® RAPID and announced a commercialization partnership with Biocartis in Europe. In November 2021, Immunexpress received FDA clearance for SeptiCyte® RAPID.
*Immunexpress is licensed to use the Idylla™ trademark from Biocartis NV.
For more information, visit http://www.immunexpress.com/. Follow Immunexpress on Twitter and LinkedIn.
Media Contacts:
Josephine Galatioto
Russo Partners, LLC
(212) 845 4262
Josephine.Galatioto@russopartnersllc.com
Scott Stachowiak
Russo Partners, LLC
(646) 942 5630
Scott.Stachowiak@russopartnersllc.com
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| 2022-04-19T12:39:28Z
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Matt Stang, Co-founder and CEO of Delic Corp, will present on the Company's strategic outlook for the remainder of the year at the Sequire Cannabis and Psychedelic Conference on April 20, 2022, and the Scottsdale Capital Event on April 22-24, 2022.
VANCOUVER, BC, April 19, 2022 /PRNewswire/ - Delic Holdings Corp ("Delic" or the "Company") (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, today shared details regarding Matt Stang, Co-founder and CEO of Delic, and his participation at the Sequire Cannabis and Psychedelic Conference and the Scottsdale Capital Event.
- Sequire Cannabis and Psychedelic Conference
April 20, 2022
Hosted by Sequire, the virtual event will bring together over 50 leading public companies in the cannabis, CBD, and psychedelic space to discuss the future of their respective industries. Stang will not only present the Company's performance and industry outlook but also participate in one-on-one meetings with investors. To register for this year's conference, please visit https://cannabis-conference22.mysequire.com. - Scottsdale Capital Event
April 22-24, 2022
Located in Scottsdale, Arizona, the three-day conference includes scheduled meetings and networking events with growing companies and financiers. Stang will participate in one-on-one meetings that examine the Company's strategic outlook for the remainder of the year. To learn more about the Scottsdale Capital Event, please visit https://cem.ca/conference/scottsdale-capital-event-2022.
Delic is a leader in new medicines and treatments for a modern world, improving access to health benefits across the country and reframing the conversation on psychedelics. The company owns and operates an umbrella of related businesses, including the largest chain of psychedelic wellness clinics in the country, Ketamine Wellness Centers; the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology, Delic Labs; the premier psychedelic wellness event, Meet Delic; and trusted media and e-commerce platforms Reality Sandwich and Delic Radio. Delic is backed by a team of industry and cannabis veterans and a diverse network, whose mission is to provide education, research, high-quality products, and effective treatment options to the masses.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Delic's control. Generally, such forward-looking information or forward-looking statements 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 may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but are not limited to: information regarding the timing or terms upon which the Transaction will be completed; potential benefits of the Transaction; anticipated continued growth in the health and wellness sector (and, in particular, related to psychedelics); the ability of Delic to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, Delic is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Delic to be materially different from those expressed or implied by such information and statements. Such risks and other factors may include, but are not limited to: risks and uncertainties relating to the Transaction not closing as planned or at all or on terms and conditions set forth in the Merger Agreement; incorrect assessment of the value and potential benefits of the Transaction; direct and indirect material adverse effects from the COVID-19 pandemic; inability to obtain future financing on suitable terms; failure to obtain required regulatory and other approvals; risks inherent in the psychedelic treatment sector; changes in applicable laws and regulations; and failure to comply with applicable laws and regulations.
In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Delic has made certain assumptions. These assumptions include, but are not limited to: assumptions as to the time required to negotiate a definite agreement and complete matters related to the Transaction; the ability to consummate the Transaction; the ability of the parties to obtain, in a timely manner, the requisite regulatory, corporate and other third party approvals and the satisfaction of other conditions to the consummation of the Transaction on the proposed terms; the potential impact of the announcement or consummation of the Transaction on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Transaction.
Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although Delic believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Delic does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Delic or persons acting on its behalf is expressly qualified in its entirety by this notice.
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| 2022-04-19T12:39:35Z
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REDWOOD CITY, Calif., April 19, 2022 /PRNewswire/ -- Delinea, a leading provider of privileged access management (PAM) solutions for seamless security, today announced new executive team leadership appointments, in addition to promotions in the customer success, professional services, and support organizations. Seasoned industry leaders Stan Black and Bob Janssen join Delinea as Chief Information Security Officer (CISO) and Vice President, Global Head of Innovation, respectively.
Black joins Delinea from Lattice Security, where he was CISO and provided executive security consulting and advisory services for private equity, commercial, and research firms. He previously was Chief Security Officer and Chief Information Officer at Citrix for six years, leading global operational security and risk management. Black has held several C-level security and technology positions over the past 15 years including Nuance Communications, EMC, RSA, Forcepoint, and more.
"As a cybersecurity vendor, it's very important that our own data and systems are secure, as we face increasing threats against our organization," said Raun Nohavitza, Chief Information Officer at Delinea. "Stan has real-world experience navigating technology providers through today's complex threat landscape. We are thrilled to have an InfoSec leader of his caliber joining Delinea."
Janssen most recently was Chief Technology Innovation Officer at Ivanti, where he provided leadership on technology breakthroughs, performed technology research, and drove technology innovation. He joined Ivanti after the acquisition of RES Software, which he co-founded and was CTO and SVP of Innovation for over 16 years. Janssen notably created the flagship platform RES ONE, consisting of Workspace Manager, Automation Manager, and Identity Director.
"It's not often that you have the opportunity to hire an engineering leader who has made their name through truly innovating," said Jason Mitchell, SVP of Engineering at Delinea. "Bob has spent his entire career solving day-to-day challenges of delivering usable IT to users, incubating and launching new innovations. That leadership will help us evolve Delinea's solutions to deliver access and security solutions that are even more seamless."
Additionally, Delinea also announced that it has combined its global professional services and customer success functions into one organization, led by Shrilata Ganna who is now promoted to Senior Vice President. Anthony Daubenmerkl now takes over the company's North American technical support function to helm global support, also promoted to Senior Vice President.
For more information visit delinea.com.
About Delinea
Delinea is a leading provider of privileged access management (PAM) solutions that make security seamless for the modern, hybrid enterprise. Our solutions empower organizations to secure critical data, devices, code, and cloud infrastructure to help reduce risk, ensure compliance, and simplify security. Delinea removes complexity and defines the boundaries of access for thousands of customers worldwide, including over half of the Fortune 100. Our customers range from small businesses to the world's largest financial institutions, intelligence agencies, and critical infrastructure companies. Learn more about Delinea on LinkedIn, Twitter, and YouTube.
© Delinea Inc. (formerly Centrify Corporation) 2022. Delinea™ is a trademark of Delinea Inc. All other trademarks are property of their respective owners.
Contacts:
Brad Shewmake
Delinea
brad.shewmake@delinea.com
+1-408-625-4191
John Kreuzer
Lumina Communications
delinea@luminapr.com
+1-408-963-6418
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| 2022-04-19T12:39:42Z
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DigitalReef expansion into Connected TV will provide advertisers with direct access to reach consumers across mobile, TV and digital streaming services
MIAMI, April 19, 2022 /PRNewswire/ -- DigitalReef, a leading global mobile marketing technology company, has completed the acquisition of connected television (CTV) advertising software platform Column6. This acquisition provides DigitalReef expanded capabilities and expertise in programmatic advertising and streaming media ad management throughout the Americas.
"Column6 has built a powerful ad server and unified auction working with the largest CTV platforms and publishers, as well as Fortune 500 brands and ad agency holding companies," DigitalReef CEO Maurizio Angelone said. "Its capabilities and expertise based on its proprietary technology will help DigitalReef expand its advantage in building close connections with audiences around the world, be it on mobile or connected TV and streaming media services."
Column6 enables DigitalReef to target a rapidly expanding market opportunity, bringing together the Latin American mobile ecosystem and the North American streaming and broadcast markets. By 2025, the US is forecasted to spend more than $30B on CTV ads, an increase of over 233% from the $9B spent in 2020. Global CTV impressions in 2020 increased 60% year over year and connected TV accounted for 40% of all video impressions, up from 31% in 2019.
Column6 brings DigitalReef's advertising and marketing platform, DR-ONE, immediate CTV scale and capability in key global markets (including the US and Canada). The joint company will leverage the more than 500 million mobile devices in Latin America to the nearly 200 million active CTV households in the United States to expand the engagement and revenue opportunities for digital content publishers, mobile operators and content producers. Column6 has access to more than 2,500 CTV applications and integration with more than 25 programmatic bidders and DigitalReef has more than 3,000 publishers and established carrier customers in its ecosystem.
"The mobile device is the first, and oftentimes the only, screen for streaming media consumption for hundreds of millions of people globally," Column6 CEO Mark Yackanich said. "While we continue to expand our CTV exchange and platform services in the US, we are thrilled to leverage our platform to help power an emerging streaming media ecosystem with leading mobile operators across the Americas."
The Column6 team will be expanded to build out their full product and market vision with Column6 executives playing a key role in DigitalReef's global growth.
"We are focused on building a best-in-class marketing ecosystem for our partners with the most advanced technology and highest caliber talent and expertise. The acquisition of Column6 is a significant step in fulfilling this vision," Angelone said. "We are excited to combine our efforts to execute on our go to market strategy."
More information about the integrated technologies can be found on www.DigitalReef.com/CTV.
About DigitalReef
DigitalReef connects more than 400million registered devices with more than 3,000 active partnerships with brands, publishers, and carriers. It delivers rich audience targeting and segmentation through aggregation of first- and third-party data. Headquartered in Miami, it operates in 10 countries, with offices in major urban centers including São Paulo, Brasília, Mexico City, and Bogota. For more information, visit www.DigitalReef.com.
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| 2022-04-19T12:39:49Z
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SafeSport Abuse Prevention Training and Safety Manager will Enhance Safety for all Athletes
INDIANAPOLIS, April 19, 2022 /PRNewswire/ -- Drum Corps International (DCI), the leader in producing events for the world's most elite and exclusive marching ensembles for student musicians and performers, announces today a new initiative with the U.S. Center for SafeSport to provide educational resources and comprehensive training that will support a positive and safe environment and is part of DCI's ongoing commitment to providing protection and resources for all DCI participating organizations and the performing arts athletes taking part in the summer tour.
The new SafeSport requirement will establish that anyone over the age of 18, who participates in DCI events and has direct access to performers, completes the SafeSport® Trained Core course. This includes all performers, corps staff, DCI employees, judges, event staff, directors, and volunteers.
The SafeSport online training will deliver facts, principles, strategies, and actions to promote a safe and positive environment for Drum Corps International performers. While the participating organizations' portals primarily, along with DCI's portal secondarily, remain the reporting channels, the education surrounding athlete safety will become tools to aid our participating organizations when resolving matters pursuant to DCI's whistleblower policy. Each training group will receive advance instructions from SafeSport and is required to complete the training before the DCI season starts, June 24, 2022.
"Standards and expectations in athletics and the performing arts are changing, and we must protect our performers at all costs," said Dan Acheson, CEO of DCI. "This new requirement is our commitment to our participants that our highest priority is their overall health and welfare. We are working to increase our footprint of commitment and encouraging older age groups to not only advocate for themselves but empower them for advocacy."
DCI has also hired Participant Safety Manager, Emily Zorn, who will have oversight of prevention and compliance efforts.
Acheson continued, "DCI has never had a Participant Safety Manager, let alone someone with vast sports safety experience. Emily's wealth of knowledge, along with a degree in athletics training and health and wellness, will greatly benefit and impact our organization. We are privileged to welcome Emily to the DCI team."
Emily Zorn, Participant Safety Manager for DCI said, "I am looking forward to applying my experience to help DCI achieve its goal of implementing new safety measures and standards to promote greater awareness and clarity of DCI's commitment to its performing arts athletes and participants. Training and education is a must for all athletic organizations, and I am excited to be a part of such a monumental shift for DCI."
SafeSport information and resources are available at www.uscenterforsafesport.org.
About Drum Corps International (DCI):
Drum Corps International is the world leader in producing and sanctioning competitive events for the world's most elite and exclusive touring marching music ensembles for student musicians and performers. For additional organization and program information, visit www.dci.org
About SafeSport:
The U.S. Center for SafeSport is an independent nonprofit organization responsible for responding to and preventing emotional, physical, and sexual misconduct and abuse only in the U.S. Olympic and Paralympic Movement. The Center also serves as an educational resource for sports organizations at all levels, from recreational sports organizations to professional leagues.
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| 2022-04-19T12:39:56Z
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Edenbridge PACE at Skyland Town Center to Deliver Comprehensive, Top-Quality Health Care to Older Adults in Wards 7&8
BOSTON, April 19, 2022 /PRNewswire/ -- Edenbridge Health and Element Care announced today that the two organizations have been selected in a competitive review process to develop a PACE (Program of All-Inclusive Care for the Elderly) center in Washington, D.C. The new program, which will be called Edenbridge PACE at Skyland, will serve frail older adults residing in Wards 7 and 8. The new PACE program is co-owned by Edenbridge Health and Element Care, a leading non-profit PACE operator based in Lynn, Massachusetts.
"Edenbridge was selected from among several other highly qualified applicants in a very competitive RFP process," said Stephen Gordon, MD, MBA, founder and CEO of Edenbridge Health. "The oldest residents of Wards 7 and 8 are in great need of affordable, comprehensive healthcare. We are grateful to have the opportunity to give them the excellent care they deserve while contributing to the revitalization of the communities east of the Anacostia River."
Element CEO Robert Wakefield, Jr. said that his organization, an innovator in the PACE movement for two decades, is proud to be part of the effort to bring the PACE model to frail elders outside of Massachusetts. "Element Care is delighted to collaborate with Edenbridge Health and to help frail elders in the nation's capital."
Wakefield noted that Element Care, a nationally recognized PACE program, cares for approximately 1,000 of Massachusetts' most vulnerable citizens. "At Element Care, we have been caring for seniors in the community for over 25 years and we welcome the opportunity to bring our expertise to the nation's capital. Our innovative approach to providing essential care in the community allowed us to keep our members safe in their homes during the pandemic, and we look forward to contributing to the development of the PACE model in the District."
Edenbridge Health will be principally responsible for engaging the community and operating the PACE program.
In addition to Element Care, Edenbridge is collaborating with several community partners in the launch of Edenbridge PACE at Skyland Town Center, including The East River Family Strengthening Collaborative, The Pennsylvania Avenue Baptist Church, Capital Caring Health, and The George Washington University Hospital. GW Hospital and its affiliated physicians will collaborate in providing care to the program's participants.
"A PACE center east of the river will have a major impact on the health and well-being of our older population, and on our entire community," said Reverend Kendrick E. Curry, PhD., senior pastor of the Pennsylvania Avenue Baptist Church. "Edenbridge and its partners have approached this project thoughtfully and have taken the time to truly understand our unique needs and challenges."
While it has been selected from among several applicants to develop a PACE center in the District, Edenbridge PACE at Skyland must still apply to and be approved by the Centers for Medicare and Medicaid Services (CMS) to become a Medicaid-reimbursed PACE Organization. Assuming final CMS approval and the successful execution of a three-way PACE Program Agreement, Edenbridge PACE at Skyland hopes to begin serving residents in early 2023. If approved, the center will be located in the Skyland Town Center. Edenbridge will join several other businesses opening at Skyland, a prominently located 18 acre site that is being designed to revitalize the neighborhood and local economy.
Edenbridge Health is a mission-focused company founded in 2016 by seasoned geriatricians. From long experience and national study of best practices, Edenbridge has complemented the Program of All-Inclusive Care for the Elderly (PACE) model with a special focus on supporting participants' personal autonomy and happiness. Through comprehensive, integrated and person-centered care, Edenbridge enables frail elders to age in the community and lead connected, meaningful lives. For more information, visit www.edenbridgehealth.org.
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| 2022-04-19T12:40:03Z
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SÃO JOSÉ DOS CAMPOS, Brazil, April 19, 2022 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: BOVESPA: EMBR3) delivered a total of 14 jets in the first quarter of 2022, of which six were commercial aircraft and eight were executive jets (six light and two large). As of March 31, the firm order backlog totaled USD 17.3 billion.
Embraer delivered 56 Phenom 300 series light jets in 2021, signaling a decade of product excellence and market dominance. The Phenom 300 series has had an annual average of 50 aircraft delivered per year since entering the market in December 2009. In the first quarter of 2022, Executive Aviation sales continue to grow.
In the Defense segment, Embraer signed two contracts with the Brazilian Army. The first for the Army's acquisition of four additional SABER M60 radar units, in its 2.0 version, and the second for the development and deployment of Phase Two of the Army's Strategic Program for the Integrated Border Monitoring System (SISFRON).
In the Services and Support segment, Embraer signed a comprehensive long-term services agreement with Air Peace to support the airline's fleet of E195-E2 and ERJ 145 jets. The contract includes access to the Pool Program, which includes component exchange and repair services for hundreds of items on Air Peace's Embraer aircraft, and the installation of Ahead-Pro (Aircraft Health Analysis and Diagnosis - PROgnosis) in the E195-E2 company's fleet. In addition, Embraer signed a long-term contract extension for the Pool Program with German Airways.
Follow us on Twitter: @Embraer
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| 2022-04-19T12:40:10Z
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Asian & Female Founded Sustainability Company Combats Single-use Plastics, Michelle Wie West as Global Ambassador
HO CHI MINH, Vietnam, April 19, 2022 /PRNewswire/ -
SEED ROUND RAISE
Vietnam-based sustainability company, EQUO, has raised $1.3 million USD in seed funding. Leading the seed round is NextGen Ventures with participation from Techstars and East Ventures.
Prominent angel investors Luke Vigeant of Shed Capital; Jeff Hohner of Tecumseh Capital; Jack Tai, CEO & Co-Founder of OneClass; Mark Groves, Founder of Create The Love and Co-Founder of Mine'd; and Dimple Mukherjee also invested in the round. EQUO was advised by the legal team of Drew & Napier in Singapore and Allens in Vietnam.
Founded in 2020 by Marina Tran-Vu, EQUO provides 100% plastic-free and compostable solutions made of materials like coffee, coconut and sugarcane to replace single-use plastics. The company aims to disrupt the industry by offering solutions that are easy, convenient to use, without asking consumers to change their lifestyle or behavior. EQUO differentiates itself through distinct branding that captures the consumer's attention in traditionally overlooked categories; and focusing on education of new sustainable materials.
EQUO, which recently was named one of nine winners of the UNOPS S3i Innovation Center Sweden Global Challenge and a Top 18 Finalist in the Ending Plastic Pollution Innovation Challenge by the UNDP, is currently available on Amazon in US, Canada and Australia; on their website; wholesaler site Faire; and select F&B establishments and retailers in Vietnam, Singapore and Europe.
EQUO intends to use the funds to further expand its product line, develop technical capabilities to quickly scale the business, and increase the brand's awareness and exposure globally.
"The best way for us to make an impact is not to recycle or upcycle single-use plastic, but to stop its production altogether. EQUO will help do that by offering products made from alternative materials - but doing it in a fun and approachable way that gets consumers, businesses and big corporations to pay attention," said Marina Tran-Vu, Founder & CEO of EQUO.
Jimmy Quach, CEO of NextGen Ventures, noted: "EQUO is a purpose-driven company with a clear mission to rid the world of single-use plastic and to give consumers options that better protect the environment. NextGen is pleased to support Marina and her team in their trailblazing effort to drive her sustainability mission with reach and scale."
"EQUO's mission aligns with East Ventures' core belief in providing solutions that bring us closer to a sustainable future. Countless single-use plastics are used in our daily lives, which means there's a big market and potential that lies ahead for EQUO to solve and improve upon today's current products. We have a strong belief in EQUO, and are looking forward to seeing the further positive impact that Marina and team will have on the world." says Willson Cuaca, Co-Founder and Managing Partner of East Ventures.
"The vision driving EQUO is exactly what the world needs at this time, and what attracted us was the incredible drive and ambition of the founder. Marina has the rarest combination of CPG brand experience, alongside global marketing savvy that is seldom seen in the sustainability space," says Sunil Sharma, Managing Director of Techstars Toronto.
As a sole female founder, Tran-Vu is part of a small percentage of startups founded solely by women who received venture capital or private funding. Latest statistics show that startups founded only by women in SE Asia received a mere 0.6%, and globally, less than 2% of total investment backing.
NEW GLOBAL BRAND AMBASSADOR, MICHELLE WIE WEST
In addition, the brand is announcing their global partnership with professional golfer and businesswoman, Michelle Wie West, whom Tran-Vu met and secured a deal with on the television show Front Office, by the first ever athlete owned media network, Players TV.
"I was so happy to meet Marina and experience first-hand her passion and unique vision for making sustainable solutions easy, convenient and exciting! As a fellow Asian woman, I am thrilled to be on this journey with her and the EQUO team," said Michelle Wie West. "I am a mother of a 21-month-old baby girl, and I can't wait to go on adventures with my daughter, knowing I can bring EQUO straws and utensils with us that are safe for her, and the environment. I believe sustainability and wellness go hand in hand, and being an advocate for building a more green future for generations to come is a cause that is near and dear to my heart, so partnering with EQUO was a perfect fit."
"I am excited to work with an amazing athlete and exemplary business woman like Michelle Wie West, and am driven by our common goal of a more sustainable future. Michelle is a pioneer for women and the Asian community in professional sports, and with her as our partner, we can see EQUO becoming the sustainable brand of choice for golf clubs, resorts, sports stadiums and sporting events around the world," said Tran-Vu.
FUTURE PLANS FOR EQUO
"Our vision is to replace all single-use plastic on the planet. This isn't just about the visible plastic we see in our environment, but also about the downstream effects of microplastics," said Tran-Vu. "We are excited about the new products we are delivering this year to show the world all the things we can do WITHOUT single-use plastic and (in some cases) paper."
The company first launched into the market with drinking straws. EQUO has since added to its portfolio, announcing an upcoming line of utensils made of coffee and wood, sugarcane food containers and cups, reusable totes, and compostable bags for grocery, retail and home use.
A recent report by the Center for International Environmental Law indicated that the production and disposal of single-use plastics will cause the equivalent emissions of 295 coal plants by 2030.
About EQUO
EQUO is a sustainable brand providing 100% plastic-free, compostable solutions for everyday single-use plastics. Products offered include straws, utensils, bags and food containers made of natural materials such as sugarcane, coffee and coconut. For more about EQUO, please check out https://shopequo.com/.
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| 2022-04-19T12:40:16Z
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New Player Classic Signature™ Mechanical Cabinet, Over 10 Themes on the Empire Flex™ Portrait Cabinet, FinTech "Digital Neighborhood," and Spark™ Remote Game Server Among Everi Offerings at Indian Gaming Tradeshow & Convention
ANAHEIM, Calif. and LAS VEGAS, April 19, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced it will showcase the new Player Classic Signature™ cabinet with seven new classic stepper themes as well as compelling content for the Empire Flex™ cabinet, alongside the Company's latest FinTech and iGaming innovations at the 2022 Indian Gaming Tradeshow & Convention, to be held April 21-22, 2022, at the Anaheim Convention Center in Anaheim, California.
Everi will display, in Booth #420, its expanding breadth and depth of player-engaging video content and classic stepper games, as well as fresh takes on entertaining premium titles. More than 10 new innovative themes on the Empire Flex portrait cabinet will be featured, including Cha-Ching!™, Money Line™, and the Press Your Luck™ Series based on the iconic game show. These themes are also available on TournEvent Everiway™, the next iteration of Everi's one-of-a-kind TournEvent® platform. TournEvent Everiway provides added flexibility that enables all TournEvent supported cabinets, including dual-screen and/or portrait, to deliver the group-style TournEvent Classic™ or sit-and-go TournEvent Now® promotions. Player Classic Signature, the newest addition to Everi's successful mechanical cabinet portfolio, will also be showcased with several of its launch themes, including the Gems Deluxe™ Series as well as the Jackpot Power™Series, which features a progressive-tier burnout mechanic.
Smokin' Hot Stuff Wicked Wheel Fire & Ice™, with its two mischievous characters, will be presented on the Flex Fusion™ premium cabinet, Everi's fully featured banked product. Little Shop of Horrors Director's Cut™, which builds off the high-performing theme on the Empire MPX® portrait cabinet, and Outlander™, which is based on the hugely successful television series, will both be shown on the Empire DCX™ premium cabinet. Fu Lu Shou Land of Wealth™, presented on Empire Arena™ cabinet, showcases two unique base games that are chock full of exciting features, including a heart-pounding two-minute frenzy mode.
Everi's FinTech solutions continue to help tribal operator partners meet the emerging mobile ecosystem via the Company's "Digital Neighborhood," its complete suite of financial, casino loyalty and compliance products and services that bring commonality and continuity to operator workflows. With a particular focus on self-service, the growth of Everi's "Digital Neighborhood" suite demonstrates the Company's leadership position and highlights its ability to develop solutions that improve the casino patron experience across loyalty, payments, and casino operations.
The CashClub Wallet® solution integrates and extends cashless payments throughout the gaming enterprise using traditional, alternative, and mobile technologies. CashClub Wallet is a mobile digital wallet that allows casino operators to offer their guests the option of cashless and contactless funding of electronic game play, including funding at the gaming device, as well as payments at the point of sale or online to fund sports betting or social gaming. JackpotXpress, the intuitive jackpot and tax forms management solution, allows casino staff to securely and efficiently process slot jackpots using a mobile device right at the winning gaming machine. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure payment, tax forms management and anti-money laundering tracking into a single solution. Also on display will be the award-winning Trilogy™ loyalty platform, offering player-centric gaming solutions to enroll and engage customers while providing a premium experience that follows them across the gaming floor and beyond.
The Company will also exhibit its growing and unique library of award-winning iGaming content, including digital progressive games, all delivered via the proprietary Spark™ Remote Game Server ("RGS"). Over the past three years, Everi Digital has extended the footprint of the Spark RGS to include Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia in the United States, as well as Atlantic Canada, British Columbia, Manitoba, Ontario, and Quebec in Canada. During this time, Everi has become a top provider of iGaming content to operators and has consistently grown its reputation for creating compelling content. Everi's digital gaming catalog now consists of more than 50 distinct titles, with more on the way.
"We look forward to returning to the Indian Gaming Tradeshow & Convention to demonstrate our ongoing commitment to our Native American gaming partners," said Randy Taylor, Everi President and CEO. "Everi has a long, successful history of supporting tribal gaming operators, providing a broad portfolio of products that enhance the patron experience and help improve casino operational efficiency."
About Everi
Everi's mission is to lead the gaming industry through the power of people, imagination, and technology. Focused on player engagement and assisting our casino customers to operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based and iGaming operators. The Company is also the preeminent provider of trusted financial technology solutions that power the casino floor while improving operational efficiencies and fulfilling regulatory compliance requirements, including products and services that facilitate convenient and secure cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.
Join Everi on Social Media
Twitter: https://twitter.com/everi_inc
LinkedIn: https://www.linkedin.com/company/everi
Facebook: https://www.facebook.com/EveriHoldingsInc/
Instagram: https://www.instagram.com/everi_inc
Legal Notices
Press Your Luck ®/© Fremantle 2019-2022. All Rights Reserved.
Hot Stuff the Little Devil © 2019-2022 Classic Media, LLC. All Rights Reserved.
LITTLE SHOP OF HORRORS and all related characters and elements © & ™ Turner Entertainment Co. (s22)
Outlander TM & ®2021 Sony Pictures Television Inc. All rights reserved.
Contacts:
Everi Media Relations
Dona Cassese
VP, Marketing
(702) 556-7133 or dona.cassese@everi.com
Mike Young
Corporate Communications Specialist
(702) 518-9179 or mike.young@everi.com
Everi Investor Relations
William Pfund
SVP, Investor Relations
(702) 676-9513 or william.pfund@everi.com
JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com
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| 2022-04-19T12:40:23Z
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LISHUI, China, April 19, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier in China, announced today it received a repeat order for black Mu Er mushrooms from one of the Company's long-term customers. The customer will export the products to Jordan.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented: "We are pleased to continue our relationship with this valued long-term customer. It has proven to be a very efficient strategy for us to focus on supporting expanding needs of customers, while converting those into long-term, repeat orders. This maximizes our investments in sales from a customer acquisition standpoint and the positive word of mouth generated from satisfied customers is invaluable. We also continue to directly benefit by leveraging the distribution reach of our customers into markets worldwide, which in turn, helps to increase our brand awareness and drive increased sales."
About Farmmi, Inc.
Established in 1998, Farmmi Inc. (NASDAQ: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. In addition to its offline sales, Farmmi sells its products direct-to-consumer at http://www.farmmi88.com. For further information about the Company, please visit: http://ir.farmmi.com.cn/.
Forward-Looking Statements
No statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations and intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding lingering effects of the Covid-19 pandemic on our customer's businesses and our end purchaser's disposable income, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, our ability to realize revenue from expanded operation and acquired assets in China, our ability to attract and retain skilled professionals, client concentration, industry segment concentration, and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. Farmmi may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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| 2022-04-19T12:40:30Z
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- Composite Analysis Group, Inc., an affiliate of Safer Logistics, LLC, to provide $10 million backstop commitment
NEW YORK and TEL AVIV, Israel, April 19, 2022 /PRNewswire/ -- Gesher I Acquisition Corp. ("Gesher" or the "Company") (NASDAQ: GIAC) announced today that Composite Analysis Group, Inc. ("Composite"), an affiliate of Safer Logistics, LLC, has agreed to provide Gesher $10,000,000 of committed capital (the "Backstop Commitment") to backstop redemptions by shareholders of Gesher in connection with Gesher's initial business combination if certain minimum cash conditions are not met. This is the second backstop commitment Gesher has obtained.
"Our investors have a long and prosperous history with the Gesher management team. Technology is revolutionizing our industry, and our investors are looking forward to supporting Gesher's effort to create value for its shareholders and build on Gesher's already impressive track record," stated Johnny Jones, Executive Chairman of Safer Logistics.
In exchange for the Backstop Commitment, at the closing of an initial business combination, the Company has agreed to issue and sell to Composite 1,000,000 ordinary shares at a purchase price of $10 per share and 100,000 warrants, subject to the terms and conditions of the backstop agreement and as described in the Company's Current Report on Form 8-K to be filed today.
"Gesher has differentiated itself from other SPACs by building relationships over decades of investing by the Gesher sponsor management team. Our investors' commitments of additional capital demonstrate their deep faith in our team," said Ezra Gardner, CEO of Gesher.
The latest sourcing of capital follows a purchase of forward purchase units by a fund managed by M&G Investment Management Limited, which Gesher announced last month. M&G has committed to acquire 4,000,000 units of the Company at a purchase price of $10.00 per unit and to provide the Company with up to $10,000,000 of committed capital to serve as a backstop facility in connection with Gesher's initial business combination.
Gesher I Acquisition Corp. is a Cayman Islands exempted company incorporated as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company intends to initially focus on target businesses located in Israel, particularly those conducting business internationally in Asia, Europe or North America.
Safer Logistics is a U.S.-based logistics company with an established history of solving complex and time-sensitive supply chain problems for Fortune 500 companies, government agencies and other customers. Safer repositions critical goods and merchandise for rapid deployment. The company has a continuous history of working directly with the Federal government, including the Federal Emergency Management Agency. Additionally, SAFER has an extensive track record of successfully coordinating logistics for agencies in numerous states, including Florida, Texas, Louisiana, Mississippi. Safer Logistics strives to promote growth for its customers, business partners and employees through its commitment to success and by honoring its core values including service, family, diversity, quality, resourcefulness and teamwork.
The above press release contains statements that constitute "forward-looking statements" under the U.S. federal securities law, including statements regarding a potential future business combination that are not historical facts.
These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes," "estimates," "anticipates," "expects," "intends," "plans," "may," "will," "potential," "projects," "predicts," "continue," or "should," or, in each case, their negative or other variations or comparable terminology. Such statements include, but are not limited to, any statements relating to our ability to consummate any acquisition or other business combination and any other statements that are not statements of current or historical facts. These statements are based on management's current expectations, but actual results may differ materially due to various factors, including, but not limited to our: (i) ability to complete our initial business combination; (ii) success in retaining or recruiting, or changes required in, our officers, key employees or directors following an initial business combination; (iii) officers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in approving our initial business combination, as a result of which they would then receive expense reimbursements; (iv) potential ability to obtain additional financing to complete an initial business combination; (v) pool of prospective target businesses; (vi) the ability of our officers and directors to generate a number of potential investment opportunities; (vii) potential change in control if we acquire one or more target businesses for stock; (viii) potential changes in the rules and regulations relating to special purpose acquisition companies; and (ix) the factors described under the heading "Risk Factors" in our prospectus dated October 21, 2021 filed with the SEC, which can be accessed on the EDGAR section of the SEC's website at www.sec.gov. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contacts
Edelman
Ira Gorsky
ira.gorsky@edelman.com
Jessica Resnick-Ault
Jessica.resnick-ault@edelman.com
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| 2022-04-19T12:40:36Z
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100 L7 Mining Rigs in Operation
VANCOUVER, British Columbia, April 19, 2022 /PRNewswire/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE:HP Frankfurt:27H OTC:HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce the commencement of it's cryptocurrency mining operations in Australia.
100 Bitmain Antminer L7 Mining Rigs housed in an undisclosed location in Victoria, Australia are fully operational and have commenced mining Litecoin and Dogecoin (LTC, DOGE). The L7 model has a hashrate of 9500 MH/s, which is 19 times more powerful than that of the previous L3+ model. They consume substantially less power and have a stability rate of 98 percent in comparison to the previous stability rate of 70% improving overall profit margins considerably.
Of the 100 mining rigs located in Victoria, 75 are owned by the Company's subsidiary, CPal Technology Limited, with the remaining 25 belonging to wholly owned subsidiary Hello Pal Asia Limited.
"We are excited for our mining operations to resume again, and pleased that we have been able to diversify the location of our rigs with this Australian mining facility," said KL Wong, Founder and Chairman of the Company. "We look forward to the remaining 300 mining rigs in North America to also commence operations soon."
The data centre in Australia is capable of housing up to 20,000 Mining Rigs providing sufficient room for Hello Pal to expand its cryptocurrency mining capabilities onsite down the track.
To download Hello Pal, Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: investors@hellopal.com.
About the Hello Pal Platform
The Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users' the freedom to speak in their own language regardless of the other person's language they are speaking to. Hello Pal's overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.
Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Hello Pal cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal's control. Such risks and uncertainties are described in Hello Pal's annual and interim financial statements available on www.sedar.com. Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable. Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Hello Pal undertakes no obligation to publicly update or revise forward-looking information.
THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Hello Pal International
200 – 500 Denman Street
Vancouver, BC, V6G 3H1, Canada
p 604-683-0911
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| 2022-04-19T12:40:43Z
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Two local employee benefits industry leaders bring key insights to invest in Holmes Murphy's Sioux Falls office.
SIOUX FALLS, S.D., April 19, 2022 /PRNewswire/ -- Holmes Murphy is excited to announce the additions of Lori Clausen as Vice President of Employee Benefits Sales and Service and Mike Klepatz as Client Executive — two industry experts in the area — to the company's growing Sioux Falls Employee Benefits team.
Clausen joins the Holmes Murphy team with a wealth of experience and an impressive track record of prioritizing client needs. In her role, she will provide local employee benefits leadership with direct oversight of sales and service efforts in Sioux Falls. She will also help drive growth, client satisfaction, employee recruitment and development, and increase the community presence of the Sioux Falls office.
Prior to joining Holmes Murphy, Clausen served as the President of Wellmark Blue Cross Blue Shield of South Dakota, where she developed strong business, membership, community, and regulatory relations across the state. She also provided direct leadership and oversight of the sales and account management team and indirect leadership to shared service areas, including operations, member services, product, and network management. Clausen also previously held leadership positions at Arthur J. Gallagher.
"Throughout her career, Lori has placed an emphasis on being active in the community and remains heavily involved in professional organizations, boards, and community affairs," said Brooks Deibele, Enterprise Sales Leader, Employee Benefits at Holmes Murphy. "The addition of her to our Sioux Falls team strengthens our presence in the region and the commitment to the care we show our clients and communities."
As a Client Executive for Holmes Murphy, Klepatz will provide exceptional strategic support to new and existing clients that will allow employers to optimize benefits and effectively manage spending. This role will allow him to use the knowledge and experience he has gained through years of working in the insurance industry to better consult and serve employers in the region. His understanding of how carriers operate, and the unique struggles employers face, positions him to provide deep insights and creative strategies for Holmes Murphy's clients.
Prior to joining Holmes Murphy, Klepatz spent time in the Sanford Health Marketing Department and as a team member of the Sanford Health Foundation before moving onto the leadership team at the Sanford Health Plan, where he held the role of Director of Client Services and Implementation.
"Mike's relationships, knowledge, and commitment to the local market position him well to help us achieve our growth goals and objectives, and add tremendous value to employers in the region," said Deibele. "I'm excited and optimistic about the growth potential for Sioux Falls and am confident that both Lori and Mike will add unique dynamics and leadership to the office to maximize our opportunities and ensure our clients can effectively and consistently achieve their employee benefits goals."
About Holmes Murphy
"Caring for Your Unique Potential is Our Soul Purpose." That statement is the core of how we do business. We ask the tough questions, avoid the easy path, believe fully in caring for the unique challenges of our clients, impact the industry through innovation, and leverage our greatest assets — the hearts and minds of our people — to advocate on behalf of our clients. That's our approach to risk management and benefits consulting, and it's worked for us since our inception in 1932. As an independent brokerage, we serve clients in every industry and of almost every size, with the ultimate goal of providing exceptional service and caring for our clients' unique potential. We are also the co-founder and co-owner of BrokerTech Ventures, the industry's first broker-led convening platform and accelerator. For more information, visit www.holmesmurphy.com. You can also follow us on Twitter.com (@holmesmurphyins) or on Facebook, LinkedIn, or Instagram.
Contact:
Katie Burns
(224) 388.6445
kburns@ls2group.com
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| 2022-04-19T12:40:50Z
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NEW YORK, April 19, 2022 /PRNewswire/ -- Ichnos Sciences Inc., a global biotechnology company developing innovative multispecific antibodies for oncology, today announced the appointment of Ashok Marín, Esq., to the position of General Counsel, effective immediately. In this role, Ashok will provide legal counsel to Ichnos' senior leadership team and contribute to the company's strategic development as the pipeline advances and the investor base is broadened.
"Ashok is an accomplished attorney with deep experience in life sciences and oncology, and I am pleased to have him join our executive team," said Cyril Konto, M.D., President and CEO of Ichnos Sciences. "With his demonstrated leadership in international legal and regulatory affairs, and oversight of transactions at both Fortune 500 companies and start-ups, Ashok will bring valuable expertise to Ichnos and be in a position to support our mission to develop new, innovative multispecific therapies for cancer patients."
Prior to joining Ichnos, Ashok served as the Chief Legal Officer of Rafael Holdings and Associate General Counsel of Gilead Sciences. At Rafael Holdings, he led the planning and execution of legal strategy for preclinical and clinical pharmaceutical development and medical devices, and provided counsel on licensing and mergers and acquisitions. During his tenure at Gilead Sciences, Ashok oversaw the global oncology legal team, helping to drive regulatory approval and launch strategy for new treatments. He served as the Legal Integration Officer after joining Gilead as part of its acquisition of Immunomedics, and served in various legal, compliance and privacy leadership roles at Mallinckrodt Pharmaceuticals, GE Healthcare, Becton, Dickinson and Company, LipoScience and Sanofi.
"I am honored to join Ichnos as General Counsel and to support the company's innovative strategy to develop life-changing, disease-centric therapies," said Ashok. "I look forward to bringing my experience in the life sciences, biotech and pharmaceutical industries to this important role, and to helping drive future growth of the company."
Ashok holds a J.D. from Fordham University (New York, NY, USA). He is the Vice-Chair of the Board of Directors of The Committee for Hispanic Children and Families.
A fully integrated, global biotech with the spirit of a start-up, Ichnos is shifting the way the world thinks about innovation in medicine through its research and development of transformative, disease-centric treatments in oncology. The company, with headquarters in New York, N.Y., is rapidly advancing a clinical-stage pipeline of novel, first-in-class candidates designed to address complex diseases and to treat patients holistically. With its patented BEAT® technology platform and pioneering teams, Ichnos Sciences has a mission to provide breakthrough, curative therapies that will extend and improve lives, writing a new chapter in healthcare.
For more information, visit IchnosSciences.com.
CONTACT
Grace Maguire
Head of Communications and Corporate Affairs
Ichnos Sciences
Corporate.Communications@ichnossciences.com
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| 2022-04-19T12:40:57Z
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— Senior operations leader with broad and deep healthcare industry experience spanning 30 years will help company develop next-generation CAR T-cell therapies —
CAMARILLO, Calif., April 19, 2022 /PRNewswire/ -- ImmPACT Bio USA, Inc. ("ImmPACT Bio"), a clinical-stage company developing transformative logic-gate-based chimeric antigen receptor (CAR) T-cell therapies for treating cancer, today announced the appointment of Venkata (Venkat) P. Yepuri as chief operating officer. In this role, Mr. Yepuri will oversee business operations across the company.
"Venkat is a senior operations leader with a track record of delivering transformative and strategic solutions in both high-growth and startup environments, and I am thrilled to welcome him to ImmPACT Bio as our chief operating officer," said Sumant Ramachandra, M.D., Ph.D., M.B.A., president and CEO, ImmPACT Bio. "His broad industry experience and expertise in building strategic partnerships, operationalizing global solutions, delivering experience at scale, enabling digital transformation, and building diverse and inclusive teams, will be of great benefit to ImmPACT Bio as we advance our pipeline of next-generation CAR T-cell therapies that harness the immune system and address key challenges for current cell therapies in cancer."
"It is an exciting time to join ImmPACT Bio as we look to advance the pipeline of our next-generation CAR T-cell therapies," said Mr. Yepuri. "I look forward to working with Sumant, our board, and the entire ImmPACT team to deliver on our mission to bring curative therapies to patients living with cancer."
Mr. Yepuri brings more than 30 years' experience working in biotech and healthcare provider fields. He joins ImmPACT from Amgen, where he spent 20 years in multiple roles with increasing responsibility in functions including business development, corporate transformation, information systems, and strategic sourcing/sustainability. He was most recently vice president, global business solutions and chief procurement officer at Amgen where his responsibilities included alliance management, business continuity and risk management, strategic sourcing and supplier diversity, real estate and space planning, external workforce center management, and employee services. Prior to Amgen, he co-founded a physician group purchasing company in the U.S., and with a Healthcare Association of Southern California spin-off, ran the technology consulting program for clients such as Kaiser Permanente. In addition, Mr. Yepuri established subsidiaries in India and Malaysia focused on medical equipment sales and services.
Since October 2020, Mr. Yepuri has been on the board of the Ventura County Community Foundation, which is focused on building philanthropy in the region through careful management of charitable capital, as well as connecting resources with local community needs. He is the chair of the strategic planning committee.
Mr. Yepuri holds a master's degree in biomedical engineering from Case Western Reserve University and a bachelor's degree in electronics and communication from Delhi University.
About ImmPACT Bio
ImmPACT Bio USA, Inc., is a clinical-stage company dedicated to the discovery of transformative chimeric antigen receptor (CAR) T-cell therapies for cancer patients who have exhausted their treatment options. The company's logic-gate-based CAR T platforms address key biological challenges in treating cancer. ImmPACT Bio's technologies are specifically designed to prevent antigen escape, prevent 'on-target – off-tumor' toxicities, and overcome the immunosuppressive tumor microenvironment. The company's technology is based on the work of pioneering scientists Yvonne Chen, Ph.D., and Antoni Ribas, M.D., Ph.D., both from University of California, Los Angeles (UCLA), and Gideon Gross, Ph.D., from the MIGAL-Galilee Research Institute. For more information, visit www.immpact-bio.com.
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| 2022-04-19T12:41:04Z
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New research shows Istation usage improved student performance in English language proficiency assessments
DALLAS, April 19, 2022 /PRNewswire/ -- In partnership with a large urban school district in North Texas, Istation, a leader in educational technology, conducted new research that reveals Istation Lectura curriculum usage significantly increases English language proficiency for emergent bilingual students. Researchers found that teaching students literacy in their home language significantly helps develop their literacy skills in a second language.
Istation's research investigated the relationship between students' TELPAS (Texas English Language Proficiency Assessment System) performance and Istation Lectura curriculum usage in 2nd and 3rd grades. Students who used the Istation Lectura curriculum according to recommended guidelines doubled their odds of jumping a composite score level on the TELPAS assessment.
Grade 2 students who used Istation as recommended increased their odds of improving a level on the TELPAS by 72% to 137%. Grade 3 students who used Istation as recommended increased their odds of improving a level on the TELPAS by 39% to 125%.
"We are so excited to share this research regarding English language learners and their success with Istation programs," said Dr. Victoria Locke, Istation Vice President of Research and Assessment. "We are proud to continue empowering students and educators through our research."
This study further supports the efficacy of Istation Lectura curriculum as the research indicates that Istation usage is related to larger literacy achievement gains.
About Istation
Founded in 1998 and based in Dallas, Texas, Istation (Imagination Station) has become one of the nation's leading providers of richly animated, game-like educational technology. Winner of several national educational technology awards, the Istation program puts more instructional time in the classroom through small-group and collaborative instruction. Istation's innovative reading, math, and Spanish programs immerse students in an engaging and interactive environment and inspire them to learn. Additionally, administrators and educators can use Istation to easily track the progress of their students, schools, and classrooms. Istation now serves over 4 million students throughout the United States and in several other countries.
Media Contact: Ian Sumera, (757) 995-3775, isumera@istation.com
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| 2022-04-19T12:41:10Z
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Six business achievement awards from Environmental Business International
The awards align with and exemplify Jacobs' FY 2022-2024 company strategy
DALLAS, April 19, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has been recognized by Environmental Business International (EBI) with six business achievement awards in 2021 for leadership and outstanding performance in sustainable business practices, greenhouse gas (GHG) mitigation, climate change adaptation and resilience, climate technology, climate response and sustainability consulting, and the company's STEAM education program.
The annual awards, which Jacobs has been a recipient of for more than a decade, are administered by Environmental Business Journal and Climate Change Business Journal, two leading business intelligence sources in the environmental industry.
"These business achievement awards align with and exemplify Jacobs' FY 2022-2024 company strategy, accelerating the development and scaling of differentiated solutions and products in the areas of Climate Response, Data Solutions and Consulting & Advisory," said Jacobs President & Chief Operating Officer Bob Pragada.
The awards were presented at EBI's Environmental Industry Summit XX in San Diego, where Jacobs was acknowledged for its contributions in addressing the planet's environmental and climate change challenges.
Industry Leadership: PlanBeyond℠ 2.0 – Jacobs' sustainable business approach, planning beyond today for a sustainable future for everyone. The enhanced plan – version 2.0 – is Jacobs' companywide foundation for what sustainability means to our clients and the planet, propelling the integration of sustainability throughout operations and client solutions in alignment with the United Nations Sustainable Development Goals.
Advancing Best Practices: GHG Mitigation – Expo 2020 Dubai is a World Exposition hosted by Dubai in the United Arab Emirates from Oct. 1, 2021 to March 31, 2022. Jacobs, in a joint venture with Mace, served as Program Management Consultant, with responsibility for delivering the program and integrating sustainability into all aspects of the Expo. The Jacobs-Expo team worked to set a new standard for carbon accounting of major events, employing a project-based approach that promotes a more holistic identification of life cycle impacts and mitigation measures across all suppliers and participants.
Project Merit: Climate Change Adaptation & Resilience – the Broadland Flood Alleviation Project was a unique 20-year scheme, initiated by the U.K. Environment Agency in February 2001, to improve and maintain 240 kilometers (149 miles) of flood defenses within one of Europe's most important wetland areas to mitigate rising sea levels. Covering 30,000 hectares (74,141 acres) of environmentally and economically sensitive land, the public-private partnership scheme was delivered by Jacobs, as consultant and BAM Nuttall, as contractor, ensuring the protection and improvement of habitat for rare and endangered species and protection for some of the most productive farmland in the U.K.
Information Technology: Climate Risk Manager – Jacobs' cloud-based platform brings together global climate data and location intelligence, providing clients with visual risk assessments so they can make faster and more accurate decisions on where to invest resources and guard against climate impacts. Harnessing world-class technology to improve decision making, Climate Risk Manager was used as part of Jacobs' 2021 assessment of its own climate-related financial risks and opportunities in line with guidance from the Task Force on Climate-Related Financial Disclosures (TCFD).
Mergers & Acquisitions: PA Consulting – on March 3, 2021, Jacobs accelerated its growth strategy as a leading technology-enabled solutions provider by acquiring a 65% stake in PA Consulting, a U.K.-based innovation and transformation consulting firm. As a partner to Jacobs in delivering climate response and sustainability solutions globally, PA operates at the intersection of environment, strategy, technology and regulation, with a focus on energy, water, carbon, circular economy, products and packaging.
Social Contribution: STEAM Butterfly Effect – In 2021, Jacobs launched its global Science, Technology, Engineering, Arts and Math (STEAM) education and engagement program to further advance the company's commitment to equality, inclusion and diversity. A key element of the program is the Butterfly Effect, a forward-thinking education initiative designed by Jacobs to create lasting behavior change and habit formation by providing primary school students with the knowledge and understanding they need to put sustainability at the heart of every decision they make.
"As a purpose-led company, we know we have a pivotal role to play in addressing the urgent environmental and climate change challenges impacting communities around the world," said Jacobs SVP and Head of the Office of Global Climate Response & ESG Jan Walstrom. "The legacy we want to create for future generations is one of betterment, and our goal is to have 100 percent of our client projects contributing to environmental, social and governance (ESG) and/or climate response solutions by 2025."
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic, including the emergence and spread of variants of COVID-19, the efficacy and availability of vaccines and treatments, and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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| 2022-04-19T12:41:22Z
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AUSTIN, Texas, April 19, 2022 /PRNewswire/ -- Jupiter Power LLC ("Jupiter"), a leading developer and operator of utility-scale, battery energy storage systems, today announced the closing of a $174.6 million portfolio debt financing for six battery energy storage projects in the ERCOT market in Texas. KeyBank National Association ("KeyBank") provided the financing. Jupiter is backed by EnCap Investments L.P., Yorktown Partners, and Mercuria Energy.
The six projects included in the financing are all stand-alone, front-of-meter battery energy storage systems and are supported by Jupiter's optimization strategies to maximize revenues. Four of the battery energy storage projects are operating, including the recently announced Flower Valley II 200MWh project. The remaining two projects, each 200MWh, are currently in commissioning. At over 650MWh, Jupiter has the leading stand-alone energy storage portfolio in ERCOT. Jupiter's market operations team uses the company's unparalleled forecasting expertise, analytics, and intellectual properties to optimize day ahead and real time revenues.
"When we started developing these projects in 2018, nothing like them had been built. The financing of these complex assets provides third party validation of Jupiter's strategy. We greatly appreciate KeyBank's support and trust as we execute on our growing pipeline of energy storage assets," said Bruce Thompson, Chief Financial Officer of Jupiter Power.
"This financing demonstrates that carefully sited, well executed battery projects managed by innovative trading and forecasting teams have recognized value and represent an enormous opportunity for growth," said Kellie Metcalf, Managing Partner, EnCap Investments L.P.
"As a part of our continuing support for renewable energy, we are pleased to underwrite and serve as Lead Arranger and to provide capital for Jupiter's stand-alone battery energy storage facilities" said Aaron Klein, Managing Director, Utilities Power & Renewables at KeyBanc Capital Markets. "This represents a first of its kind financing, and we look forward to continuing the relationship with Jupiter to deploy new technologies and energy solutions."
Jupiter was advised by Norton Rose Fulbright & Husch Blackwell on this financing transaction for the Term Loan and LC Facility with KeyBank.
About Jupiter Power, LLC
Jupiter is a leading energy storage independent power producer with deep trading, analytics, development, finance, operations, and construction capabilities, and unparalleled intellectual property in dispatch optimization. Jupiter is backed by EnCap Investments L.P., Yorktown Partners, and Mercuria Energy, and has offices in Austin, Texas, and Chicago, Illinois. For more information on Jupiter Power, LLC, please visit our Twitter, LinkedIn, or Facebook pages or www.jupiterpower.io
About KeyBanc Capital Markets
KeyBanc Capital Markets is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries. Our deep industry expertise, broad capabilities and unique ideas are seamlessly delivered to companies across the Consumer & Retail, Diversified Industries, Healthcare, Industrial, Oil & Gas, Real Estate, Utilities, Power & Renewables, and Technology verticals. With over 800 professionals across a national platform, KeyBanc Capital Markets has more than $40 billion of capital committed to clients and an award-winning Equity Research team that provides coverage on nearly 700 publicly traded companies. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives, who may also be employees of KeyBank N.A. Banking products and services, are offered by KeyBank N.A.
CONTACT:
Caitlin Smith
(512) 937-6574
media@jupiterpower.io
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| 2022-04-19T12:41:30Z
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SAN DIEGO, April 19, 2022 /PRNewswire/ -- San Diego Attorneys Robert Vaage and Elizabeth Teixeira obtained an arbitration award of $25,638,058.93 on behalf of their 9-year-old client, Jayden Vargas, from Los Angeles Arbitrator Robert Hanger for the admitted negligence of ten healthcare providers at Kaiser Fontana Hospital, who had multiple opportunities over the course of a week to prevent Jayden's injuries.
Jayden was born with a congenital bowel condition called atresia which was surgically repaired shortly after his birth. If he had been properly treated, which included holding his feedings to allow his bowel/intestines to recover and placed on antibiotics, he would have led a normal life. Instead, he was force-fed formula which led to a rupture of his bowels, sepsis, and emergency surgery. His blood pressure dropped to critical levels over prolonged periods of time, leading to a lack of oxygenated blood to his brain, which resulted in a profound brain injury.
"Jayden currently requires around-the-clock care, and his family has been struggling to take care of him," said Attorney Vaage. "This award will help them provide Jayden with the best possible care and highest quality of life."
Attorney Vaage has arbitrated more than 20 medical malpractice matters against Kaiser. The matter went to arbitration in Riverside County on March 21st through the 30th on the issue of damages only.
This arbitration award is believed to be one of the highest medical negligence awards for a single patient against the Kaiser healthcare entities.
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| 2022-04-19T12:41:38Z
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Strategic Partnership Delivers Gold Standard for Acoustical Excellence and Design
MOUNTAIN VIEW, Calif. and AUBURN, Calif., April 19, 2022 /PRNewswire/ -- Kaleidescape, maker of the ultimate movie player, and Keith Yates Design (KYD), the world-renowned master of the science of theater design and acoustical engineering, today announced a strategic partnership that raises the bar for cinematic experiences in the home.
KYD, with its award-winning versatile creative designs and acoustical engineering, is the preferred choice for Hollywood's elite customers, often selected by major directors, producers, sound specialists, and cinematographers. In 2019 KYD was awarded AVS Forum's prestigious Home Theater of the Decade for its design of The Hahn Theater, an inspiring project conducted with cinematographer Rob Hahn that received global recognition.
"Keith Yates Design and Kaleidescape have a common goal in delivering a deeply inspired immersive theater experience that is unique, customized, and shapes the entertainment space," said Tayloe Stansbury, CEO, Kaleidescape. "KYD's design, combined with Kaleidescape, delivers unrivaled acoustical movie magic, which is why we are working with them to design the Kaleidescape Movie Lab at our corporate headquarters."
KYD has been specifying Kaleidescape systems for decades to offer its clients the best performance and user experience. Now the Kaleidescape content team will utilize the KYD-designed lab to ensure all movies released on its movie store deliver the reference-quality experience customers have come to expect from Kaleidescape.
"Kaleidescape makes the industry's best movie servers and players, and we use the system for all our calibrations when we do quality control on a commissioned KYD home theater," said Keith Yates, president and chief creative officer, Keith Yates Design. "A KYD designed and engineered cinema experience is enhanced and further resolved with the performance advantages only available with Kaleidescape's higher fidelity video source material and lossless audio, making everything in the theater optimized to deliver the best performance."
Kaleidescape's uncompromised product, combined with a KYD-engineered room, elevates the movie experience to another level. A KYD designed and engineered theater allows the technical performance benefits of a Kaleidescape system to be fully appreciated.
In celebration of this partnership, every KYD theater commissioned with a Kaleidescape system will come with a unique, one-of-a-kind, bound book highlighting the design and engineering of the KYD theater. "This partnership is a natural fit as KYD and Kaleidescape are aligned to provide the best-in-class private cinema experience, one our customers will be proud to commemorate by putting this book on display," Yates concludes.
About Kaleidescape (www.kaleidescape.com)
Kaleidescape is the ultimate movie player. Kaleidescape elevates every component in your theater, with higher-fidelity video source material, lossless audio, and integrative cues to control lighting, shading, seating, lenses, and screen masking. Headquartered in Silicon Valley, Kaleidescape builds its products in the USA and sells exclusively through custom installers.
About Keith Yates Design (www.keithyates.com)
KYD is the world's leading design and engineering firm specializing in high-end, purpose-built private theaters and screening rooms. KYD draws on a science-based approach supported by over $400,000 in specialized engineering tools and an in-house team of architects, engineers, interior designers, project managers, and construction administrators. Since 1991 KYD has focused on envisioning, modeling, optimizing, documenting, testing, and obsessively calibrating these venues for cinematographers, technologists, and everyday movie and music lovers.
Media Contact:
Kaleidescape, Inc.
Josh Gershman
Josh.Gershman@kaleidescape.com
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| 2022-04-19T12:41:45Z
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OMAHA, Neb. , April 19, 2022 /PRNewswire/ -- The increased land sales and auction activity that Farmers National Company saw during the last quarter of 2021 continued throughout the first quarter of 2022. Not only was there more land sold during the past six months than during a similar time in the previous four years, but prices also continued a strong upward trend the whole time.
"If a seller wants to get the best sale price for their land in this quickly up-trending period, some type of competitive bidding or auction is the best way to find out what the market is willing to pay at any given time," said Linda Brier, area real estate sales manager for Farmers National Company.
Auction land sales increased during the past six months compared to recent years. For Farmers National Company, the number of auctions held increased 65 percent over last year. The number of acres sold via auction was up 106 percent and the dollar value of auction sales were up 130 percent. The number of auction sales for the past six months was almost equivalent to what Farmers National Company experienced for an entire year during the slower land sales period of the last few years.
Not only were the number of land auctions up the past six months, sales prices increased dramatically into spring planting time.
"A recent auction held by Farmers National Company of prime farmland in central Illinois brought $21,500 and $20,500 per acre respectively for 80-acre tracts. Comparably, another recent auction in Champaign County brought $19,700 per acre for 78 acres. One of our auctions in western Indiana had six tracts each sell for $16,600 per acre," Brier said.
Other states and regions also experienced much stronger prices even from just the first of the year.
The busy period of land sales during the fall and winter months has ended, but auctions are still being held through April and early summer, albeit at a much slower pace which is the normal pattern. Time will tell if the higher prices will prompt more landowners -- mainly estates, trusts, recent inheritors, and some family groups -- to sell in the coming months. Also, time will determine if the factors supporting land prices will continue for the foreseeable future.
Farmers National Company, an employee-owned company, is the nation's leading agricultural landowner services company. Farmers National Company manages more than 5,000 farms and ranches in 29 states comprising more than 2 million acres. Over the last five years, Farmers National Company has sold 3,938 properties (1,404 at auction) and more than $5.02 billion of real estate during the last 10 years. Additional services provided by the company include auctions, appraisals and valuation services, insurance, consultation, oil and gas management, a national hunting lease program, forest resource management, and FNC Ag Stock. For more information on our company and the services provided, visit www.FarmersNational.com.
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| 2022-04-19T12:41:52Z
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AUSTIN, Texas, April 19, 2022 /PRNewswire/ -- Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA testing, announced the results of a large, real-world study1 demonstrating a high yield rate for positive genetic findings with its Renasight™ test in patients with chronic kidney disease (CKD).
The study, published in the American Journal of Nephrology, reports on renal genetic testing results using Renasight to test for 382 genes associated with CKD on 1,007 unique patient samples that were ordered by general and transplant nephrologists for clinical purposes. Positive genetic findings were identified in 21.1% of cases, with a total of 220 positive results identified across 48 genes. In addition, the results also identified individuals with positive findings in more than one gene. The study concludes that Renasight, "is highly effective in identifying monogenic variants underlying inherited kidney diseases and has utility for genetic diagnoses in the nephrology setting."
"Previous studies have focused on selected cohorts in an academic setting or tested an unselected population with CKD to determine the prevalence of genetic disorders causing kidney disease," said Anthony J. Bleyer, M.D., the study's principal investigator. "We believe this is the first real-world study to show that genetic testing for many conditions offers several advantages in a clinical setting, compared to the current practice of screening for individual disorders in a stepwise manner, which may not identify causative variants and can be expensive and time consuming."
"This study shows that Renasight can help inform CKD prognosis, personalize treatments, inform counseling and testing of at-risk relatives, influence reproductive decision-making, and enable referrals for evaluation of extrarenal manifestations," said Maggie Westemeyer, co-author and associate director of genetic counseling at Natera. "For the 37 million adults affected by CKD, including 800,000 individuals with end-stage kidney disease in the U.S. alone, genetic diagnosis may inform the selection of potential-related kidney donors, assess the risk of disease recurrence, and guide clinical management following transplant."
About Renasight
Renasight is a genetic test that uses next-generation sequencing (NGS) and other methodologies to identify germline genetic factors causing or contributing to kidney disease from a patient's blood or buccal sample. The test identifies certain autosomal dominant, autosomal recessive and X-linked disorders, including well-known risk alleles. Providers can use Renasight to identify a genetic predisposition, clarify a clinical diagnosis, or identify the etiology of an unknown kidney disease to help inform medical management. Additionally, genetic counseling and familial testing can be offered based on the test result.
About Natera
Natera™ is a global leader in cell-free DNA testing, dedicated to oncology, women's health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard of care to protect health, and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera's tests are validated by more than 100 peer-reviewed publications that demonstrate high accuracy. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas and San Carlos, California. For more information, visit www.natera.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera's plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera's expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to whether the results of clinical or other studies will support the use of our product offerings, our expectations of the reliability, accuracy and performance of our screening tests, or of the benefits of our screening tests and product offerings to patients, providers and payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera's recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.
Contacts
Investor Relations: Mike Brophy, CFO, Natera, Inc., 510-826-2350
Media: Kate Stabrawa, Communications, Natera, Inc., 720-318-4080 pr@natera.com
References
- Bleyer AJ, Westemeyer M, Xie J, et al. Genetic Etiologies for Chronic Kidney Disease Revealed through Next-Generation Renal Gene Panel. Am J Nephrol. 2022 Mar 24:1-10. doi: 10.1159/000522226.
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| 2022-04-19T12:41:59Z
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Business signs LOI with Controlled Thermal Resources to purchase Lithium and renewable energy
LOS ANGELES, April 19, 2022 /PRNewswire/ -- Lars Carlstrom, the founder-CEO of Italvolt, has today announced the launch of a new company, Statevolt, which will construct a 54GWh Gigafactory in Imperial Valley, southern California with an expected CapEx of $4 billion. To launch the new facility, Statevolt has also signed a Letter of Intent (LOI) with Controlled Thermal Resources (CTR).
Under the terms of the LOI, CTR will deliver sustainable, locally produced lithium and geothermal power, from the company's to-be constructed Hell's Kitchen Lithium and Power development. Statevolt is currently undertaking due diligence to determine the best location on which to build its facility. Once fully operational, the Gigafactory will be one of largest in North America, with a battery production capacity of 54GWh, serving around 650,000 electric vehicles a year at full capacity.
Led by Lars Carlstrom, the founder of Britishvolt and founder-CEO of Italvolt, Statevolt's project team brings deep industry experience and expertise to the project, as well as an eco-system of established project development partners. Carlstrom, and the newly-formed Statevolt team, will harness previous learnings in Gigafactory design and engineering, to accelerate the construction process and create an industry leading facility.
CTR's leadership team, having constructed and managed geothermal operations in the Imperial Valley region for over 30 years, are uniquely positioned to provide Statevolt with strong regional experience and technical knowledge to optimize Statevolt's commitment to deliver the highest standards of sustainability.
Statevolt's planned partnership with CTR brings a new, 'hyper-local' sustainable business model for lithium-ion battery development in the U.S. The arrangement is one of the first of its kind in the world and will see the business source its key feedstock, lithium, and its power from local resources, in order to minimize the environmental impact of production and build a more sustainable and secure supply chain. Simultaneously it will help facilitate the development of a micro-industry in the area, delivering up to 2,500 direct jobs for Imperial Valley and the region more widely.
The LOI between Statevolt and CTR is built on the two companies' shared commitment to support the energy transition in California and the U.S. Global Lithium demand for EVs and storage which is forecast to reach 383 killotones by 2030.[1] Following the Biden Administration's target to ensure that half of automotive sales are EVs by 2030,[2] the rapid development of batteries and supply chain resilience is crucial to meet consumer demand, in the near-to-medium term.
Lars Carlstrom, founder, of Statevolt, said: "The development of lithium-ion batteries is crucial for the U.S. to meet its goals to transition to Net Zero. Statevolt is proud to begin its journey to develop U.S. expertise and production of lithium-ion batteries, as we look to serve this critical market.
"Today, we face a significant shortage in the amount of lithium that is required to meet the demand for electric vehicles. We are pioneering a new, hyper-local business model, which prioritises sustainability and resilience in the supply chain to solve this issue. More importantly, we believe this model will offer Statevolt a significant advantage in producing lithium-ion batteries at scale, to meet booming consumer demand and create good-paying, highly skilled jobs.
"We are pleased to be collaborating with CTR and its industry-leading, and highly-specialized approach to sustainable lithium production and development. Together, through the construction and development of Statevolt, we will support the nation's energy transition while retaining a keen focus on low-cost, sustainable battery manufacture.
Rod Colwell, CEO of Controlled Thermal Resources, said: "CTR is absolutely delighted to further our relationship with Statevolt. We applaud Lars and his team for taking a proactive approach to ensure the company's future lithium supply, while also consciously seeking out the cleanest lithium and power available for Statevolt's first U.S. Gigafactory."
"The extraordinary growth in electric vehicle adoption and the emerging demand for energy storage systems to provide clean power, highlights the urgent need to develop a strong and secure battery supply chain in the United States. CTR continues to develop its significant resource in response to this unprecendented demand, and we look forward to collaborating with Statevolt as we accelerate these efforts."
[1] IEA, Total lithium demand by sector and scenario, 2020-2040.
[2] FACTSHEET: President Biden Announces Steps to Drive American Leadership Forward on Clean Cars and Trucks
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| 2022-04-19T12:42:06Z
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Lasso becomes the first platform to enable both Rx and OTC Sales Lift analysis for healthcare provider and patient targeted campaigns
AUSTIN, Texas, April 19, 2022 /PRNewswire/ -- Lasso (lassoplatform.io), the world's first and only omnichannel platform for healthcare marketing and analytics, has expanded its comprehensive measurement suite to include OTC (over-the-counter) Sales Lift Analysis, successfully connecting healthcare professionals (HCPs), affiliated patients, and purchasing behavior. Lasso's OTC measurement solution uses the same technology that powers Lasso Connect, the first product to deterministically link providers to patients for both targeting and attribution in a privacy-safe and HIPAA-compliant way.
Late last year, Lasso partnered with a leading pharmaceutical manufacturer to conduct a sales lift analysis for a top OTC pain relief medication. The campaign ran in Q4 2021 and targeted several custom HCP audiences, created using clinical data, to recommend the brand's medication. Unlike other solutions in market that project metrics due to limited data coverage, Lasso's unique measurement methodology, combined with in-house media tagging and identity resolution, allows the company to capture 100% deterministic and actionable insights. These detailed analytics are then surfaced directly in Lasso's platform to avoid unnecessary delays in reporting, enabling its clients to monitor and optimize campaigns with unparalleled speed.
Lasso selected IRI, the world's largest set of purchase data for CPG and OTC healthcare products, as its partner for the Sales Lift Analysis. IRI Lift™ provides marketers with the ability to test and learn by comparing the sales lift achieved from their Lasso optimized media campaigns. IRI then uses a forensic test and control method to ensure the tightness of fit to accurately measure incrementality against various test groups. The results from the campaign showed an impressive lift of 1.07% in dollar sales per occasion and revealed that Orthopedic Surgery had a sales lift of 2.8%, the highest among targeted audiences. The category of "non-buyers" also saw a 4.5% lift in sales per household. With the reach and scale of IRI's purchase data lift, granular measurement is now available at the audience cohort level, providing deep insights for future optimizations.
Lasso also measured audience quality, and the PCP (Primary Care Physicians), NP (Nurse Practitioners), and PA (Physician Assistants) segments had the highest audience quality of all those targeted.
"Our new partnership with Lasso demonstrates the holistic measurement solutions that are available to the healthcare industry to further enhance more informed allocations of marketing resources and illuminate more of consumers' omnichannel path to purchase," said Jennifer Pelino, Executive Vice President of Global Media Solutions for IRI.
"This new addition to our Measurement Suite provides campaign and audience insights with unprecedented granularity and flexibility," said Greg Field, CEO of Lasso. "By combining our best-in-class identity resolution with the industry's highest quality datasets, we are able to link digital campaign performance to real-world behavior across any channel. We are confident that these powerful analytics will be a key driver of ROI and strategic growth for healthcare marketers of all shapes and sizes, including those making OTC products."
About Lasso
Lasso is the world's first and only omnichannel healthcare marketing and analytics platform that allows you to plan, activate, and measure your HCP and DTC campaigns across programmatic, social, email, and connected TV — all in one place. Lasso has offices in New York, NY, and Austin, TX. Visit us at lassoplatform.io to learn more.
About IRI
IRI is a fast-growing, leading provider of big data, predictive analytics, and forward-looking insights that help CPG, OTC health care organizations, retailers, and financial services and media companies grow their businesses. With the largest repository of purchase, media, social, causal, and loyalty data, all integrated into an on-demand, cloud-based technology platform, IRI is empowering the personalization revolution. For more information, visit here.
CONTACT:
Yilan Yang
yilan@lassomarketing.io
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| 2022-04-19T12:42:12Z
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Carmen Wasserman joins company bringing 27 years of experience to the position
FRISCO, Texas, April 19, 2022 /PRNewswire/ -- A leading innovator in nutrition and skincare, Le-Vel, is pleased to announce the appointment of Carmen Wasserman to the position of Chief Legal Officer, effective immediately.
Wasserman's 27 years of experience are characterized by advising start-ups to multi-billion dollar companies on how to navigate the myriad of laws and regulations in the global arena.
"Carmen is an excellent addition to our executive team," says Le-Vel CEO and Co-Founder Jason Camper. "Her strong business acumen and experience as a key strategic partner to Executives and Board Members of global brands in the direct selling industry is a tremendous asset to our organization, and we are confident that she will lead and guide us in our compliance and legal program."
Before joining Le-Vel, Wasserman served as Associate General Counsel and Data Privacy Officer for Arbonne International LLC, as CEO of Compliance Legal and Strategic Solutions and as Vice President Chief Compliance Officer and Senior Corporate Counsel at Aerie Pharmaceuticals Inc.and legal endeavors.
"I'm excited to join Le-vel, where innovation from a product and customer experience perspective is a key part of the corporate culture," Wasserman says. "I look forward to partnering with the team to deliver a legal and compliance program designed for the ever-evolving needs of our industry."
Wasserman holds a Juris Doctor degree in International Law and Business Law from Northern Illinois University and a Bachelor of Arts degree in Political Science and Government from the State University of New York at Buffalo.
About Le-Vel
Founded in 2012 by Jason Camper and Paul Gravette, Le-Vel formulates and sells health and wellness products and skincare. Le-Vel products include the THRIVE Experience (consisting of the three core products, THRIVE Premium Lifestyle DFT, THRIVE Premium Lifestyle Capsules and THRIVE Premium Lifestyle Mix), and THRIVE SKIN (a CBD skincare system). All of Le-Vel's products contain premium vitamins and nutrients made with the highest quality ingredients.
In 2019, less than seven years after the company's inception, Le-Vel reached a milestone of $2 billion in lifetime orders. Le-Vel has over 10 million Customer and Brand Promoter accounts and currently ships within the United States, Canada, Australia, New Zealand, and the United Kingdom.
For more information about Le-Vel, visit www.le-vel.com and follow us on social media on Instagram @le_veloffical, Facebook, Twitter and YouTube.
Media Contact: Liz Reuth, liz.reuth@le-vel.com
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| 2022-04-19T12:42:19Z
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NEW YORK, April 19, 2022 /PRNewswire/ -- Dechert LLP announced today that leading private equity practitioner David Cosgrove will join the firm's corporate and securities group as a partner in the Charlotte office. Mr. Cosgrove's arrival continues Dechert's major U.S. private equity and private credit expansion over the past month, following the addition of Nicole Macarchuk in San Francisco and William Robertson in New York.
With more than 20 years of corporate law experience, Mr. Cosgrove focuses on private equity transactions, mergers and acquisitions, and general corporate and securities matters across multiple industries. Mr. Cosgrove is admitted in New York and New Jersey. He received a law degree from Rutgers University School of Law.
Mark Thierfelder, chair of the firm's corporate and securities group and chair of the global private equity practice, said, "David's talent and wealth of experience will be a terrific addition to our top-tier private equity practice. We are delighted to have him join us during this period of unprecedented growth."
"I am honored to join Dechert's elite global practice." said Mr. Cosgrove. "I look forward to joining the leadership team in Charlotte and to helping expand Dechert's presence in this exciting and growing market."
Recognized as an international powerhouse, Dechert's private equity practice has been on a fast-track growth trajectory, advising more than 300 private equity and other private investment clients worldwide. The firm's global team of more than 250 lawyers represents all types of private equity sponsors and other private investment firms, including sovereign wealth funds and family offices, and their portfolio companies, as well as institutional and corporate investors looking to invest in private equity funds. Named among the top law firms for private equity deals in Mergermarket's "Global & Regional League Tables 2021 – Legal Advisors," the firm was ranked #5 for U.S. Buyouts and #10 for Global Buyouts by deal value.
About Dechert
Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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| 2022-04-19T12:42:26Z
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MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth
Published: Apr. 19, 2022 at 8:00 AM EDT|Updated: 42 minutes ago
FAIRFAX, Va., April 19, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu™ Banking-as-a-Service (BaaS) subsidiary.
Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income totaled $15.2 million in the first quarter and is 13% higher than the year-earlier period. Reduced funding costs and an increase in short-term rates propelled the net interest margin higher by 50 basis points to 3.91% as of March 31, versus 3.41% a year earlier. The Company's efficiency ratio remains solid at 55%. Total assets reached $1.75 billion in the first quarter, a 6.3% increase from a year earlier.
Quarterly results represent:
11.59% return on average equity
1.32% return on average assets
$0.64 earnings per share of common stock (basic and diluted)
$21.12 per common share book value
"MainStreet Bancshares Inc. began 2022 on a strong note, with solid growth in income and increased earnings per share," said Jeff W. Dick, Chairman and CEO of both the Bank and the Company. "More than 70% of our loans are designed to reprice as the Federal Reserve implements plans to push interest rates higher over the coming year. These upward adjustments should continue to reflect positively on the bottom line."
The loan portfolio grew 5.3% in first quarter of 2022, and commercial loan originations totaling $111 million were added to the balance sheet. Asset quality remains pristine, as the Company had zero non-performing assets as of quarter ended March 31, 2022. Non-interest-bearing deposits represent 36% of the $1.4 billion in total deposits, and 73% of total deposits are core deposits.
"MainStreet Bank has built strong relationships across a diverse business community and maintained a consistent focus on efficiency, yielding steady deposit and loan growth," said Abdul Hersiburane, President of MainStreet Bank. "We serve a vibrant business community across the Metropolitan Washington region, consisting of organizations that demand the nimble, technology-forward response that MainStreet Bank excels at delivering."
Avenu™
Avenu™, a division of MainStreet Bank, which provides Banking-as-a-Service (BaaS), continued to generate significant customer interest as additional fintechs lined up to get in the queue for our proprietary software solution. We are currently onboarding our initial beta customer with an anticipated go-live date in the fourth quarter of 2022.
"Our focus is to help fintechs manage risk and meet compliance obligations as they accept and facilitate payments, and there is no cutting corners on this important work," said Todd Youngren, President of Avenu™. "Over time, as we move through the beta stage, we anticipate that onboarding will be streamlined into a 60-day process."
Youngren noted that at the end of the first quarter, Avenu™ had 10 fintechs queued up at various stages of progress, including four that have indicated they intend to move forward as soon as the beta process is complete. These prospects include entities that serve the domestic needs of foreign nationals and entities that serve the education and nonprofit industries.
In addition to serving fintechs, Avenu™ has a robust array of existing customers that include payment processors and money service businesses. These relationships have been integral in identifying the needs and services that fintechs need banks to provide in order to have successful partnerships. These relationships provide additional non-interest income and a strong source of low-cost deposits that can be integrated into the Bank's traditional source of income generation, net interest margin. As a benchmark, Youngren noted, Avenu™ is favorably impacting profitability, with its customers providing $61 million in non-interest bearing deposits and $253,000 in non-interest income in the first quarter.
Refer to our press release on October 25, 2021, for additional information on Avenu™'s proprietary solution. If you are a fintech looking to add payments and deposits to your solution, go to Avenu.bank and join the queue today.
ABOUT MAINSTREET BANK: MainStreet operates six branches in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington D.C. MainStreet Bank has 55,000 free ATMs and a fully integrated online and mobile banking solution. The Bank is not restricted by a conventional branching system, as it can offer business customers the ability to Put Our Bank in Your Office®. With robust and easy-to-use online business banking technology, MainStreet has "put our bank" in thousands of businesses in the metropolitan area.
MainStreet Bank has a robust line of business and professional lending products, including government contracting lines of credit, commercial lines and term loans, residential and commercial construction, and commercial real estate. MainStreet also works with the SBA to offer 7A and 504 lending solutions. From sophisticated cash management to enhanced mobile banking and instant-issue Debit Cards, MainStreet Bank is always looking for ways to improve our customer's experience.
MainStreet Bank was the first community bank in the Washington, DC metropolitan area to offer a full online business banking solution. MainStreet Bank was also the first bank headquartered in the Commonwealth of Virginia to offer CDARS – a solution that provides multi-million-dollar FDIC insurance. Further information on the Bank can be obtained by visiting its website at mstreetbank.com.
This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "continue," and similar expressions are intended to identify such forward-looking statements. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, future impacts of the novel coronavirus (COVID-19) outbreak, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.
Contact: Jeff W. Dick, Chairman & CEO (703) 481-4567
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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| 2022-04-19T12:42:32Z
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Game-Changing Product Available on Amazon
AUSTIN, Minn., April 19, 2022 /PRNewswire/ -- Plant-curious and plant-committed consumers looking to add chili to their meals can look no further than America's No. 1 selling chili brand.* The makers of Hormel® chili have announced their latest innovation – Hormel® plant-based chili with beans, a product that promises to appeal to plant lovers and chili enthusiasts alike.
Packed with 22 grams of plant protein per can, Hormel® plant-based chili with beans is dairy free, egg free, gluten free and BPA free, and contains no artificial flavors.
"With the plant-based category growing at double the rate of food overall and the fact that roughly two-thirds of plant-curious consumers are eager for plant-based canned chili, we wanted to provide a convenient and delicious solution. Now plant-curious and plant-committed consumers can enjoy America's No. 1 selling chili brand," said Sarah Johnson, senior brand manager for Hormel® chili. "Hormel® plant-based chili with beans, made with textured vegetable protein and soy-based crumble, delivers the taste, texture and appearance our loyal consumers expect."
Hormel® plant-based chili with beans is available on Amazon (MSRP $2.07 - $2.60 per can) with more retailers coming soon. For recipe inspiration, please visit www.hormel.com/Brands/HormelChili. Follow the Hormel® chili social media channel @hormelchili on Instagram, Facebook, and Twitter.
*Based on latest 52-week IRI data.
ABOUT HORMEL FOODS – INSPIRED PEOPLE. INSPIRED FOOD.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenue across more than 80 countries worldwide. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, JUSTIN'S®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.
Media Contact:
Hormel Foods Media
Media@hormel.com
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| 2022-04-19T12:42:39Z
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TSX-V: MKO; OTCQX: MAKOF
VANCOUVER, BC, April 19, 2022 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to provide financial results for the three months ended December 31, 2021 ("Q4 2021"), which is the second full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino gold mine ("San Albino") in northern Nicaragua. For detailed Q4 2021 operating statistics, please see the press release dated January 19, 2022. All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated.
Financial
- $16.6 million in Revenue
- $8.9 million in Adjusted EBITDA(1)
- $9.4 million in Mine Operating Cash Flow ("Mine OCF") (1) (3)
- $3.2 million in Net Income
- $589 Cash Costs ($/oz sold) (1) (2)
- $670 Total Cash Costs ($/oz sold) (1) (2)
- $831 All-In Sustaining Costs ("AISC") ($/oz sold) (1) (2)
- $3.1 million of principal repayments during Q4
- $1.7 million in exploration and evaluation expenses ($1.2 million at San Albino and $0.5 million at Las Conchitas)
- On February 18th and March 18th, 2022, the Company completed the purchase of 1 million common shares of the Company under its normal course issuer bid for total consideration of $0.28 million (C$0.36 million)
- Four monthly repayment installments totaling $1.5 million were made on the Sailfish Loan
- Principal Repayment of $2.5 million made on the Wexford Loan
- Total principal repayment of $7.1 million since the beginning of Q4 2021 to Wexford and Sailfish
Akiba Leisman, Chief Executive Officer, states that, "Q4 2021 was the second full quarter of financial results since declaring commercial production at San Albino at our initial 500 tonnes per day mine and processing plant. Where 9,588 ounces were sold at $589/oz Cash Costs and $831/oz AISC. The processing plant was operating at 507 tonnes per day at 82% availability (83% of nameplate capacity), as we increased personnel hiring/training and replenished our inventory of spare parts. The Company generated nearly $9 million in Adjusted EBITDA, which excludes $1.7 million in exploration expenditures incurred in the quarter. As a result, over $7 million of principal has been repaid since the beginning of Q4 2021, including $4 million repaid on outstanding loans subsequent to year end. In addition, the expanded $17.2 million exploration program announced in March 2022 is being funded out of cash flow. These extraordinary financial results from our relatively small scale mine will allow us to fund our growth with the ultimate objective of doubling capacity to 1,000 tonnes per day by next year."
Q4 2021 - Mine OCF Calculation and Cash Reconciliation (in $ millions)
For complete details, please refer to the Consolidated Financial Statements for the year ended December 31, 2021 and the associated Management Discussion and Analysis for the three months and year ended December 31, 2021, available on SEDAR (www.sedar.com) or on the Company's website (www.makominingcorp.com).
The Company has included certain non-GAAP financial measures and non-GAAP ratios in this press release such as EBITDA, Adjusted EBITDA, Mine Operating Cash Flow cash cost per ounce sold, total cash cost per ounce sold, AISC per ounce sold. These non-GAAP measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. In the gold mining industry, these are commonly used performance measures and ratios, but do not have any standardized meaning prescribed under IFRS and therefore may not be comparable to other issuers. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's underlying performance of its core operations and its ability to generate cash flow.
"EBITDA" represents earnings before interest (including non-cash accretion of financial obligation and lease obligations), income taxes and depreciation, depletion and amortization.
"Adjusted EBITDA" represents EBITDA, adjusted to exclude exploration activities, share-based compensation and change in provision for reclamation and rehabilitation.
"Cash costs per ounce sold" is calculated by deducting revenues from silver sales and dividing the sum of mining, milling and mine site administration cost.
"Total cash costs per ounce sold" is calculated by deducting revenues from silver sales from production cash costs and production taxes and royalties and dividing the sum by the number of gold ounces sold. Production cash costs include mining, milling, mine site security and mine site administration costs.
"AISC per ounce sold" includes total cash costs (as defined above) and adds the sum of G&A, sustaining capital and certain exploration and evaluation ("E&E") costs, sustaining lease payments, provision for environmental fees, if applicable, and rehabilitation costs paid, all divided by the number of ounces sold. As this measure seeks to reflect the full cost of gold production from current operations, capital and E&E costs related to expansion or growth projects are not included in the calculation of AISC per ounce. Additionally, certain other cash expenditures, including income and other tax payments, financing costs and debt repayments, are not included in AISC per ounce.
"Mine OCF" represents operating cash flow, excluding Nicaraguan taxes and royalties, changes in non-cash working capital and exploration expenses.
On behalf of the Board,
Akiba Leisman
Chief Executive Officer
Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally. Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.
Forward-Looking Information: Some of the statements contained herein may be considered "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as, without limitation, "estimate", "project", "believe", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" or variations thereon or comparable terminology. The forward-looking information contained herein reflects the Company's current beliefs and expectations, based on management's reasonable assumptions, and includes, without limitation, that, based on the financial results, the Company intends to fund its growth with the ultimate objective of doubling capacity to 1,000 tonnes per day by next year and Mako's primary objective to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.. Such forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking information, including, without limitation, changes in the Company's exploration and development plans and growth parameters and its ability to fund its growth to reach its stated target capacity; unanticipated costs; and other risks and uncertainties as disclosed in the Company's public disclosure filings on SEDAR at www.sedar.com. Such information contained herein represents management's best judgment as of the date hereof, based on information currently available and is included for the purposes of providing investors with information regarding the Company's Q4 production results and its plans and expectations for its San Albino mine, and may not be appropriate for other purposes. Mako does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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| 2022-04-19T12:42:46Z
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The MicroGEM Sal6830 SARS-CoV-2 Saliva Test is the nation's first point of care PCR saliva test for COVID-19 delivering results in minutes
CHARLOTTESVILLE, Va. , April 19, 2022 /PRNewswire/ -- MicroGEM US Inc., a Virginia-based molecular biology company, has been granted Emergency Use Authorization (EUA) by the U.S. Food and Drug Administration (FDA) for the MicroGEM Sal6830 SARS-CoV-2 Saliva Test, which provides polymerase chain reaction (PCR) results at the point of care in 27 minutes.
For instructions on how to use Sal6830, please click here.
The MicroGEM Sal6830 SARS-CoV-2 Saliva Test is the first FDA emergency use authorized saliva test for SARS-CoV-2 using PCR directly at the point of care where people can wait for fast results after providing a sample. Clinically tested during both the Delta and Omicron waves of the pandemic, the MicroGEM Sal6830 SARS-CoV-2 Saliva Test has proven to be robust through the viral mutations that have occurred.
"The MicroGEM Sal6830 SARS-CoV-2 Saliva Test will be an essential testing tool in our ongoing efforts to get our nation's communities and businesses back to regular operations," said MicroGEM CEO Jeff Chapman. "The introduction of the MicroGEM Sal6830 Point of Care PCR System marks a historic step in our mission to democratize molecular diagnostics by moving ultra-fast, high-performance testing out of laboratories and closer to people at the point of need, thus allowing decisions to be made in real time."
"The MicroGEM Sal6830 SARS-CoV-2 Saliva Test will be an invaluable tool for testing children without scaring them with a stick up their nose." said Vanessa Mills, RN, BSN, MPH and COO of Care 4 U (C4UCHC), a Miami, Florida-based community health center providing primary medical care including HIV/STD screening, COVID-19 testing and vaccines, and other medical services regardless of ability to pay or insurance status. "The ability to reliably and quickly test all patients who present with COVID-19 symptoms is a game-changer for our clinics, allowing us to ensure care for people at the moment they need it."
The MicroGEM Sal6830 SARS-CoV-2 Saliva Test is easy to operate. Its simple workflow and easy saliva collection reduce workload for healthcare workers and limit their exposure to the sample.
Additional benefits include:
- Non-invasive: Requiring only a small amount of saliva, it eliminates the discomfort of swab testing, making it more comfortable for routine testing.
- Robust with existing variants: Clinically tested during both the Delta and Omicron waves, the multiple SARS-CoV-2 gene targets allow for robust detection of current variants and protect against obsolescence from future variants.
- Portable: The platform's small size is easily incorporated at testing sites such as mobile testing labs, ambulatory surgical centers, emergency departments, and CLIA-waived testing sites at the workplace.
"We see many patients who are anxious about nasal swabs so we are excited about the opportunity to offer saliva testing. If patients are comfortable providing the sample and quickly get their results, then they are more likely to be receptive to on-going care and future testing," said Dr. Teresa Tyson, DNP, MSN, FNP-BC, FAANP, President and CEO of The Health Wagon, a nurse practitioner managed practice providing medical, dental, and vision healthcare in southwest Virginia. "The MicroGEM Sal6830 SARS-CoV-2 Saliva Test is also a nice fit for our mobile labs with a workflow easily administered by our staff, giving us the ability to provide care to patients within minutes of results."
The MicroGEM Sal6830 Point of Care PCR System's innovative cartridge design allows new targets to be added or replaced quickly, significantly reducing both assay and product development time. The company's plans include seeking authorization to expand the test menu and ruggedize the system to address austere field conditions presented in military and disaster medicine. Plans are also underway to adapt the system for the fast-growing precision medicine healthcare market with quantitative gene expression panels used as biomarkers.
In addition to facilities in Charlottesville, Virginia, MicroGEM has established a U.S.-based supply chain, with large-scale test kit production facilities in Ogden, Utah, and instrument production facilities in Hudson, New Hampshire.
The MicroGEM Sal6830 SARS-CoV-2 Saliva Test has not been FDA cleared or approved, but has been authorized for emergency use by FDA under an EUA for use by authorized laboratories. This product has been authorized only for the detection of nucleic acid form SARS-CoV-2 , not for any other viruses or pathogens. The emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug, and Cosmetic Act, 21 U.S.C. § 360bbb-3(b)(1), unless the declaration is terminated or authorization is revoked sooner.
The MicroGEM Sal6830 Point of Care PCR System and the MicroGEM Sal6830 SARS-CoV-2 Saliva Test have been funded in part by the National Institutes of Health (NIH), Rapid Acceleration of Diagnostics (RADx®) initiative to expedite the launch of the test with federal funds from the National Institute of Biomedical Imaging and Bioengineering, National Institutes of Health, Department of Health and Human Services, under Contract No. 75N92020C00015.
MicroGEM democratizes molecular biology by moving complex molecular biology tools out of highly skilled laboratories to non-laboratory settings where they can be used quickly at the point of need. The company's innovative enzymatic approach to nucleic acid extraction provides the foundation for fast sample preparation suitable for PCR analysis. Coupled with its expertise in microfluidics and synthetic biology, MicroGEM is creating the next generation of person-portable diagnostic devices for the management of infectious diseases and other personalized medicine applications.
Visit www.microgembio.com/covid-19 and connect with us on LinkedIn and Twitter. For inquiries, visit www.microgembio.com/covid-19/contact.
For career opportunities at MicroGEM, visit https://microgembio.com/jobs/.
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| 2022-04-19T12:42:55Z
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MSKCC lab paired Tapestri and Singulator 100 to demonstrate automated nuclei extraction workflow for fast and reliable nuclei prep for single-cell DNA analysis
SOUTH SAN FRANCISCO, Calif., April 19, 2022 /PRNewswire/ -- Mission Bio, Inc., the pioneer in high-throughput single-cell DNA and multi-omics analysis, today announced a co-marketing partnership with S2 Genomics, Inc., a leading developer of laboratory automation solutions for processing solid tissues for single-cell applications, to offer a single streamlined workflow for solid tumor applications from sample prep through analysis. The automated nuclei extraction-and-analysis workflow has been validated by the laboratory of Christine A. Iacobuzio-Donahue, MD, PhD, Director of the Center for Pancreatic Cancer Research at Memorial Sloan Kettering Cancer Center (MSKCC), who shared her findings last week at the American Association for Cancer Research (AACR) Annual Meeting.
Single-cell DNA analysis has transformed cancer research, supporting high-resolution insights into tumor heterogeneity that have led to a series of high-profile publications on disease mechanisms. But challenges are greater for solid tumor profiling, where existing prep workflows often fail to produce sufficient cells or nuclei to provide meaningful results. To address this challenge, last month Mission Bio launched its Tapestri Solution for Solid Tumor Research, including new pre-designed research panels for breast cancer and glioblastoma multiforme, and an improved single-cell copy number variation (CNV) bioinformatic analysis tool. Researchers can now pair S2 Genomics' Singulator™ 100 technology for automated dissociation of solid tissue into single cell or nuclei suspensions with Tapestri in the same workflow for scalable, high-yield, efficient and reproducible tissue processing.
"We are eager to partner with leading companies to address key challenges to sample prep in solid tumor research," said Yan Zhang, PhD, CEO of Mission Bio. "As Dr. Iacobuzio-Donahue's lab demonstrates, the Singulator 100 and Tapestri together are a powerful solution enabling single-cell DNA sequencing at scale, in pancreatic cancer research and across a variety of tissue types."
"The Singulator 100 has been an important tool for enabling single-cell sequencing in solid tissue, but cancer researchers have been unable to directly interrogate DNA," said John Bashkin, Chief Strategy Officer of S2 Genomics. "Tapestri is the only commercial platform capable of single-cell DNA analysis, and we're excited to offer this single automated pipeline connecting cell and nuclei prep to Tapestri's microfluidics-based workflow."
For more on Mission Bio and the Tapestri Platform, please visit missionbio.com.
Mission Bio is a life sciences company that accelerates discoveries and cures for a wide range of diseases by equipping researchers with the tools they need to better measure and predict our resistance and response to new therapies. Mission Bio's multi-omics approach improves time-to-market for new therapeutics, including innovative cell and gene therapies that provide new pathways to health. Founded in 2014, Mission Bio has secured investment from Novo Growth, Cota Capital, Agilent Technologies, Mayfield Fund, and others.
The company's Tapestri Platform gives researchers around the globe the power to interrogate every molecule in a cell together, providing a comprehensive understanding of activity from a single sample. Tapestri is the only commercialized multi-omics platform capable of analyzing DNA and protein simultaneously from the same sample at single-cell resolution. The Tapestri Platform is being utilized by customers at leading research centers, pharmaceutical, and diagnostics companies worldwide to develop treatments and eventually cures for cancer.
S2 Genomics, founded in 2016, is a leading developer of laboratory automation solutions for processing solid tissues for single-cell applications. S2 Genomics' technology platforms integrate advanced fluidics, optics, and biochemistry to produce automated sample preparation solutions for single-cell sequencing and cell biology markets, enabling discovery and innovation in life science research, healthcare, and agriculture.
For more information about S2 Genomics and the Singulator 100, visit www.S2Genomics.com.
Media Contact
Consort Partners for Mission Bio
missionbio@consortpartners.com
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| 2022-04-19T12:43:03Z
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New pricing option eliminates up-front costs and long-term commitments and puts users in control of their data strategy
NEW YORK, April 19, 2022 /PRNewswire/ -- Narrative, the world's #1 data commerce platform, today introduced a new pay-as-you-go pricing model to the market. Effective from today, the new usage-based pricing option enables customers to get the exact data they need with no up-front commitments or monthly fees.
In a world where constant change is the new normal and strategies must be able to pivot quickly, the data buying process is still overly tedious, time-consuming, and rigid. Narrative's new pricing option allows companies to build a data acquisition and distribution strategy that is agile and flexible. The new pay-as-you-go pricing option is ideal for customers looking to acquire data for seasonal campaigns and one-off projects, pilot and test initiatives, and spending on leftover budgets.
"Narrative's mission has always been to make buying data flexible, easy, and agile," says Nick Jordan, Narrative CEO and Founder. "Our platform allows customers to access multiple suppliers at once, without setting up new agreements or connections each time. Now, we're taking that agile approach one step further by giving customers the option to make one-off data purchases without any long-term commitments."
Anyone can take advantage of this new pricing option. Just create an account, install Buyer Studio, find the data you need, specify a budget, and check out. You'll receive your data within an hour.
Pay-as-you-go pricing options are available today. To get started, visit Buyer Studio on the Narrative data commerce platform.
Narrative
Narrative is the data commerce platform that makes it easy to buy, sell, and win. Narrative simplifies the buying and selling of information by eliminating the inefficiencies in data transactions that hold businesses back from maximizing the success of their most important data-driven initiatives. Innovative brands and direct-to-consumer companies leverage Narrative's technology to fuel powerful data strategies, build data monetization businesses, power growth marketing, and inform product development. Founded in 2016, Narrative is a private company headquartered in New York City.
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| 2022-04-19T12:43:09Z
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Amid soaring material and labor prices, subcontractors remain optimistic in 2022
AUSTIN, Texas, April 19, 2022 /PRNewswire/ -- Billd, the leading provider of material and labor financing solutions for commercial subcontractors, announces today the release of their second annual construction industry market report, the 2022 National Subcontractor Market Report: How Labor Shortages & Market Volatility are Impacting Subcontractors. It surveyed nearly 800 commercial construction professionals across the country, largely consisting of business owners and executives, most of whom have been in business for at least 10 years. The report indicates subcontractors remain concerned about volatile material prices and labor shortages but are optimistic about continued growth over the next year.
Rising material costs and price volatility are key issues for subcontractors. According to the report, 88% of those surveyed expect continued price turbulence to impact their business this year, a 9% jump over 2021 and 87% say the lack of availability of materials will keenly impact their business in 2022. Labor issues, however, are now the most pressing concern of U.S. subcontractors, with 40% reporting availability of skilled construction workers as the biggest risk in 2022, compared to 30% who stated material price volatility as their No. 1 concern. Subcontractors also reported that despite higher material and labor prices, they have not reflected those higher costs in their project bids, putting greater strain on subcontractor profit margins.
"Billd's 2022 National Subcontractor Market Report confirms a lot of the known challenges and opportunities subcontractors experience across the industry," said Chris Doyle, CEO of Billd. "The labor and material challenges for subcontractors is not just a headline, it's the day-to-day reality for every subcontractor in the country."
"Despite these challenges, subcontractors remain optimistic about their businesses. This report highlights the entrepreneurial spirit subcontractors continue to exhibit each and every year, despite an industry that's largely turned its back on them," Doyle says.
The report examines how macroeconomic conditions impacted subcontractors in 2021 and continues to shape their outlook for 2022. It also provides a crucial perspective into subcontractors' opinions of their financing options, cash flow and supplier terms—all of which play a key role in achieving their business goals.
While subcontractors remain satisfied with their financing and credit options, they feel the pressure of paying for large material and labor costs upfront, disrupting their cash flow. According to the data, 59% of contractors intend to rely on cash to fund business growth in 2022, while nearly half state cash flow remains a significant challenge. Supplier terms remain the overwhelmingly preferred option for purchasing materials, with 69% favoring them over credit cards, cash or bank financing. Despite the favorable opinion of supplier terms, 70% of contractors have terms of only 30 days or less; not nearly the length of time needed to ensure payment before having to come out of pocket for materials. According to the survey, two-thirds of subcontractors come out of pocket for materials before getting paid for their work and almost 80% of them wait at least 30 days to receive payment on their pay applications.
"Subcontractors are resilient and optimistic but need more tools to navigate this increasingly challenging environment," said Doyle. "The payments supply chain in construction is terribly broken, leaving subcontractors to finance a $1.5 trillion industry with very few cash flow solutions offered to them. Billd stands as the one company truly championing the subcontractor, helping them get the financial support they need to do the best work of their lives. This report highlights the persistent subcontractor challenges that Billd was created to address; providing subcontractors more financing options to weather rising costs, meet project requirements, and lay the foundation for further growth."
To download the 2022 National Subcontractor Market Report: Financing and Business Growth, click
here
To learn more about Billd's alternative financing options for commercial contractors, visit www.billd.com
About Billd
Billd was started by Christopher Doyle and Jesse Weissburg, industry veterans in both construction and finance. Chris and Jesse were inspired to launch Billd to bring the financial power of Wall Street to the construction job site, allowing subcontractors to bypass project hurdles with access to upfront funds while enabling suppliers to sell more materials with less risk. For subcontractors who usually aren't paid until more than 90 days from purchasing materials, Billd provides 120-day terms so they can stabilize cash flow and more effectively grow their businesses. With a deep understanding of the construction industry, Billd knows traditional credit metrics are poor predictors for risk in this vertical segment and has built a variety of industry-specific proprietary analytic tools to better assess risk in the construction industry.
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| 2022-04-19T12:43:17Z
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New true-to cannabis flavour-forward strains available in pre-rolls, flower and
vapes
LAVAL,QC, April 19, 2022 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable, and purpose-driven lifestyle brands, today announced the launch of Mood Ring's new line of true-to cannabis flavour-forward strains available in multiple formats across Ontario. The line also features environmentally-friendly features such as compostable packaging and biodegradable hemp plastic.
"Consumer response to our Mood Ring cannabis brand has been overwhelmingly positive, and we're excited to continue to expand our product offerings to meet evolving consumer preferences and build on Mood Ring's success," said Michael Cammarata, Chief Executive Officer and President of Neptune. "With this launch we're adding more variety to the brand in the form of pre-rolls, flower and vapes. And these products are high quality, sustainable and accessible, everything consumers have come to expect from and love about Mood Ring."
Products launching in April include:
- Craft Slurface Whole Flower – A Sativa dominant hybrid with flavour of fresh berries and spicy tropical fruits; 20-25% THC; 3.5g format.
- Craft Golden Berry Pre-Rolls – An Indica dominant hybrid with a sweet spicy berry taste; 16-21% THC; 3 x 0.5g pre-rolls.
- Florida Citrus Kush Vape Cartridge – An Indica dominant hybrid that provides a rich creamy taste of spicy citrus topped by a true, but subtle, Kush aftertaste; 80-86% THC; 1g cartridges.
Coming in May:
- Balanced 5:5 Capsules – Organic extra virgin olive oil combined with 5mg of THC and 5mg of CBD per gel cap. Clean label gel caps are non-GMO and free of additives, allergens, starch and gluten and minimize all flavours and aromas. 30 capsules per bottle.
- Craft Uppercut Whole Flower – An indica dominant flower with a rich taste of lemon cookies and herbal tea, with earthy aromas; 20-25% THC; 3.5g format.
Mood Ring is committed to delivering sustainable cannabis products to market. This new line-up features vape cartridges made with hemp plastic mouthpieces that use 20 percent less plastic, and with the addition of a special compound, are designed to decompose at a significantly faster rate than traditional plastic mouthpieces.
For more information about Mood Ring, please visit https://moodring.com.
About Neptune Wellness Solutions Inc.
Headquartered in Laval, Quebec, Neptune is a diversified health and wellness company with a mission to redefine health and wellness. Neptune is focused on building a portfolio of high quality, affordable consumer products in response to long-term secular trends and market demand for natural, plant-based, sustainable and purpose-driven lifestyle brands. The Company utilizes a highly flexible, cost-efficient manufacturing and supply chain infrastructure that can be scaled to quickly adapt to consumer demand and bring new products to market through its mass retail partners and e-commerce channels. For additional information, please visit: https://neptunewellness.com/.
Disclaimer – Safe Harbor Forward–Looking Statements
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Neptune Wellness Solutions to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
Neither NASDAQ nor the Toronto Stock Exchange accepts responsibility for the adequacy or accuracy of this release.
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| 2022-04-19T12:43:24Z
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Creator of World's Only FDA-Cleared 3D Scanning App Adds to Footwear Portfolio to Help Customers Find the Right Fitting Shoes
BOSTON, April 19, 2022 /PRNewswire/ -- NetVirta, the world's leading provider of smartphone 3D body scanning technology and creator of Verifyt®, is partnering with Merrell, a Wolverine Worldwide brand and leader in outdoor active footwear. Verifyt is the fit scan technology to power Merrell's beta version of Merrell Shoe Advisor™ mobile application: the industry's first consumer-facing app that ensures an accurate, personalized shoe fit recommendation the first time, every time.
Known for its precision, user-friendly interface and scanning speed, Verifyt provides Merrell's consumers seeking seamless ways to enjoy the simple power of the outdoors with an easy, gamified AR powered 3D experience to find the correct shoe, size and fit. Taking less than a minute to complete the scan of their feet, the Verifyt technology generates an accurate personalized size recommendation.
"At Merrell, we are constantly looking for new ways to improve the consumer experience in the outdoors," says Janice Tennant, Chief Marketing Officer Merrell "Fit of shoes is a major pain point for many consumers especially while shopping and it is the reason why piloting this emerging technology with NetVirta in our mobile app felt like a good partnership."
"Our smartphone 3D scanning technology meets the increasing demands of footwear and apparel retailers to find ways to help their customers shop online with confidence, while reducing returns. Our technology was originally built for the medical industry, and meets the demands retailers have for accuracy, speed and ease of use," said Jeff Chen, CEO and Co-Founder, NetVirta.
Verifyt aims to address an issue that has plagued online shopping since the inception of ecommerce: returns due to poor fit. Industry reports show that of footwear purchased online, returns average between 35-40%, with an estimated 72% ascribed to bad fit. This industry-wide issue is a detriment to brands' bottom-lines and impacts the environment.
Based on research from Massachusetts Institute of Technology (MIT), NetVirta developed the world's only FDA Class II cleared smartphone technology app for 3D body shape scanning. Its medical app, CurveCapture®, is widely adopted by thousands of clinicians in more than 13 countries to 3D scan patients for custom-fit orthoses and prostheses. In addition to the medical industry, NetVirta's Verifyt app technology enables the sports equipment industry to provide custom-fit gear to athletes. All the professional and college football teams use Verifyt to scan players' heads for custom-fit helmets. With an eight-year track record of success in the smartphone 3D scanning technology space, the company is uniquely positioned to support apparel and footwear brands.
ABOUT NETVIRTA
NetVirta is the world's leading provider of smartphone 3D body scanning technology, ensuring fit precision, speed and ease of use. Since its origins at MIT in 2008, NetVirta has grown to two offices in Boston and Singapore. The company has the only FDA-cleared scanning app, helping thousands of clinicians throughout the world create custom-fit orthotics and prosthetics for medical patients. In 2019, NetVirta expanded to meet the needs of retailers with its consumer-facing platform, Verifyt. NetVirta works with some of the biggest names in retail, sporting equipment, and medical including Wolverine Worldwide, Riddell, Orthoamerica, Tecnica, EVO.com, among others. For more information, please visit www.netvirta.com.
ABOUT MERRELL
Merrell® exists to share the simple power of being outside. As the global leader in outdoor active footwear with the Moab hiking boot and Jungle Moc, Merrell is focused on merging performance, styling, and comfort to empower all people to confidently explore the outdoors. Merrell celebrated its 40th birthday in 2021 with a mission to build an inclusive and sustainable outside environment for future generations to enjoy. Visit Merrell.com, the Merrell Newsroom, or follow us on social @Merrell. Merrell® is a division of Wolverine Worldwide (NYSE: WWW), one of the world's leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel.
Contact: Brett Gray, brett@truepointagency.com
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| 2022-04-19T12:43:31Z
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Consumers Can 'Trade-In' Dairy or Milk Alternative Products to Use as Currency to Get FREE Ripple
Brand Rolls Out New Advertising & Packaging Highlighting Its Taste & Nutrition Superiority
BERKELEY, Calif., April 19, 2022 /PRNewswire/ -- Ripple Foods, the leader in plant-based dairy, announced today the launch of its new 360-campaign Moove Over To Ripple. The campaign educates consumers on the nutrition and taste benefits of its plant-based milk and encourages consumers to make the switch from dairy or alternative milks to Ripple.
The campaign kicks off with a new TV spot called "Cows on Vacation" which features a tongue-in-cheek look at vacationing cows who finally have a day off thanks to Ripple, since the brand has created plant-based milk that delivers everything consumers are looking for in a dairy alternative: great-taste, great nutrition, and better for the planet in water usage and overall carbon footprint. The spot debuts April 18 and will run on network, cable and connected TV, including popular national prime time evening and morning shows, with additional campaign support across digital and social media.
During the month of May, Ripple will conduct a one-of-a-kind in-person "Milk Trade-In" effort to give consumers the opportunity to trade in their empty milk or other dairy-alternative brand containers to be recycled in exchange for a free bottle of Ripple, or they can participate online for opportunities to receive free Ripple products.
"We want to spread the word about Ripple – which consumers rate as the 'best plant-based milk' – and educate people in a fun and entertaining way about Ripple's unique benefits," said Laura Flanagan, CEO of Ripple Foods. "Ripple milk contains the same amount of protein as dairy milk and has more protein than regular almond and oat milks, all while delivering on the creamy taste and texture consumers are craving. "We hope we can encourage people to 'moove over' to Ripple by putting our money where their mouth is – giving them a no-cost opportunity to try Ripple so they can see and taste the difference for themselves."
The in-person 'Milk Trade-In" will feature live events which kick off in New York City on May 3rd, followed by Los Angeles on May 12th, and Austin, TX on May 21st. All events will be held from 10 am to 4 pm local time, and participants will have the opportunity to sample a variety of Ripple products in addition to trading in an empty milk or other dairy-alternative brand container for a free 48oz full-sized bottle of Ripple. People nationwide can join the 'moovement' virtually by visiting Ripple's Instagram (@ripplefoods) throughout the month of May for a chance to win free products and other prizes.
The brand is rolling out refreshed packaging at retailers nationwide, aimed at helping people easily spot its products on store shelves and understand key nutritional attributes, such as 50% less sugar and 50% more calcium than dairy milk, and 8 grams of protein per serving - which is 8 times the protein of regular almond milk.
About Ripple Foods: Berkeley-based Ripple Foods is a leader in developing innovative and delicious dairy-free products. Using protein from yellow peas, Ripple Foods creates creamy and protein-filled products like Plant-Based Milk, Protein Shakes, Half & Half, and Frozen Desserts. Ripple delivers on both high-quality taste and nutrition. It's 'dairy-free done right' - great-tasting and nourishing while leaving a small footprint on the planet. Sustainably produced and using significantly less water than dairy and other dairy alternatives, Ripple is built on transparency that even the smallest actions can have far-reaching impacts. In a national consumer survey, Americans rated Ripple as the 'best plant-based milk' and 'closest to dairy. In 2021, Ripple Kids became the #1 new item in the category. Ripple products are gluten-free, 100% vegan and made without nuts, lactose and soy. All of Ripple Foods products are certified non‑GMO by the Non‑GMO Project. For more information visit: www.ripplefoods.com and join the plant-based conversation with @ripplefoods on Instagram, Twitter, and Facebook.
Media Contact
Power Digital Marketing
ripple@powerdigital.com
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| 2022-04-19T12:43:38Z
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ATLANTA, April 19, 2022 /PRNewswire/ -- Nexcess, the fully managed, high-performance, cloud platform built to optimize online sites and stores, today announced the release of "The Best States to Launch an Ecommerce Business," a definitive guide ranking of all fifty states based on how conducive each one is for launching an online store. The guide is based on a study conducted by Nexcess which evaluated economic outlook, local taxes, and more.
As digital commerce experts, Nexcess empowers entrepreneurs to open high-performing online stores, all backed by the power of fully managed hosting. Given the recent acceleration of ecommerce due to the pandemic — and its continued projected growth — the time has never been better to open an online store.
For instance, throughout 2022, ecommerce sales are expected to topple $1 trillion for the first time — which is two years earlier than initially anticipated, according to the U.S. Census Bureau.
"At Nexcess, our goal is to help entrepreneurs who want to make money online," says Terry Trout, SVP of Marketing. "We've been the trusted leader in open source ecommerce for over 22 years, helping merchants and digital agencies of all sizes start, manage, and expand their online businesses."
"Skyrocketing ecommerce trends are being fueled by new businesses starting or moving online and we're evolving our solutions to help these entrepreneurs with simplified, no-code ecommerce solutions that make it fast and easy to build a store."
While the beauty of ecommerce is that online shopping can be done from anywhere, at any time, Nexcess conducted this ecommerce study to determine which states provide the best environment for new, online businesses. From a state's tax climate to infrastructure concerns, several location-related factors were considered in the study by Nexcess.
For instance, the state in which one launches an ecommerce business could play a more significant role in operations than one may think. Several states across the country offer more advantages for new digital entrepreneurs, which may influence the success of their business — and that's how the ranking for "The Definitive Ranking of the Best States to Launch an Ecommerce Business" was calculated.
Scores for each state were determined based on four factors:
- Tax climate — Including corporate, individual, and sales tax.
- Economic outlook — Including job growth, new business survival rates, and the Small Business Policy Index (SBPI).
- Infrastructure — Including internet access, power grid reliability, and road and bridge quality.
- Financial Resources — Including venture capital rank and SBA loan availability.
The study found Florida to be the most conducive state for new ecommerce business owners, followed closely by Utah and North Carolina. Top states boasted low tax rates for individuals as well as organizations, strong economic outlooks, and robust resources for aspiring entrepreneurs.
For more information about StoreBuilder, the fastest and easiest way to build a store on WordPresss visit nexcess.net/storebuilder. For more information about Nexcess, visit nexcess.net.
About Nexcess
Nexcess has been serving SMBs and the designers, developers, and agencies who create for them for more than 22 years by providing a fully managed, high-performance cloud solution built to optimize WordPress, WooCommerce, and Magento sites and stores. As a company within The Liquid Web Family of Brands, we collectively manage 10 global data centers, have more than 500,000+ sites under management, serve over 170,000 paying and 2.5 million freemium software customers spanning 150 countries, and provide unparalleled service from a dedicated group of experts 24/7/365. As an industry leader in customer service, the rapidly expanding brand family has been recognized as an industry leader and among INC. Magazine's 5000 Fastest-Growing Companies for twelve years.
Learn more about the Liquid Web Family of Brands and StellarWP.
Media Contact
Terry Trout
SVP of Marketing
ttrout@liquidweb.com
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| 2022-04-19T12:43:45Z
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LAS VEGAS, April 19, 2022 /PRNewswire/ -- Nitches Inc., (OTC: NICH) (the "company") which blends high-tech with high-end fashion to create exclusive clothing lines and NFTs, today announced it will create its own metaverse for users to create 3D avatars, buy and sell NFTs (non-fungible tokens) and experience exclusive VR meetings, shows and events.
"We are using our high-tech savvy and imaginative vision to develop our own metaverse where users can have fun with friends, enjoy immersive experiences and thrive in a community that supports their needs," said John Morgan, Nitches' CEO. "We will also collaborate with other major NFT marketplaces, allowing interoperable NFT assets to be used, purchased and sold in our metaverse."
Nitches team of designers and developers plan to integrate MetaHuman Creator, a software tool developed by Epic Games' Unreal Engine. The advanced software will bring to life highly realistic 3D avatars in Nitches' metaverse that can be downloaded for use in other metaverses. The 3D avatars can be outfitted in the latest designs from Nitches' exclusive clothing lines that are designed with leading celebrities and influencers.
With VR headsets, users will navigate their unique 3D avatars into captivating venues and events where they can network, chill or get pumped up in a virtual world.
"Because the 3D avatars are so realistic, users will feel like they are standing next to each other and chatting or collaborating in real life," said Morgan. "Our metaverse will be a one-of-a-kind experience that will reflect Nitches commitment to high-end design and cutting-edge technology."
About Nitches Corporation
Nitches is a diversified technology and exclusive clothing company that blends high-tech with high-end fashion to design luxury clothing items and NFTs. We specialize in creating limited-edition athleisure and streetwear apparel and accessories that are sustainable, authentic and exclusive. We collaborate with fashion-forward influencers and celebrities to create capsule collections that reflect their vision and brand. We develop innovative technology to protect our intellectual property and prevent counterfeiting. Nitches strives for creativity, excellence and value in all that we do for our collaborators, customers and stakeholders.
Forward Looking Statements:This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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| 2022-04-19T12:43:52Z
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Platform redefines selling properties online with future for NFTs and crypto in the works
TORONTO, April 19, 2022 /PRNewswire/ - NTRY, a Canadian startup with global ambitions, is unveiling its platform later this week to simplify how the world showcases, markets, and sells property online. Aimed at brokers, agents, developers, and buyers, the NTRY platform breathes new life into the antiquated ways of selling homes.
The NTRY platform taps into the power of high-fidelity 3D visualization, elevating renderings and still images into interactive showcases for developers' latest offerings, seamlessly blending them into a mirror of the real world to create a purpose-driven metaverse.
Capitalizing on cloud technology, the NTRY platform currently hosts thousands of listings in Toronto, the construction crane capital of the world, its neighbouring cities, and has their sights set on other flourishing international real-estate markets.
NTRY makes the lives of real estate professionals and their customers easier. Accessible through a simple website login, all that's needed is an internet-connected device. And it couldn't have come at a better time. After two years of the pandemic, the real estate industry has embraced property technology to normalize virtual meetings and increase transparency among savvy clients, according to PWC's 2022 Emerging Real Estate Trends report.
"As a realtor who has sold billions of dollars of real estate in a few short years, I noticed prop-tech as a key industry opportunity for years. Wanting to find the best possible solution for the industry, led to great minds working together tirelessly to develop and launch NTRY today," says co-founder and established realtor, Julian Pucci. "NTRY is accelerating the future of real estate."
But this is just the start. NTRY is teaming up with acclaimed TV host and realtor Ryan Serhant to preview its cryptocurrency and NFT integration. Tune in at 6:00 p.m. EDT on Thursday, April 21 to see what the future of real estate looks like: https://youtu.be/FB9O9WR15GA
NTRY is the premier real estate metaverse bringing up-to-date information on any properties in the global real estate market. Established in 2021 by a team of entrepreneurs with expertise in urban planning, real estate, as well as software and game development, they've developed a tool to disrupt the status quo and innovate how people interact with property.
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| 2022-04-19T12:43:59Z
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Expanded relationship will deliver greater efficiencies, new digital capabilities, and stronger connections
MONETT, Mo., April 19, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that Old Second National Bank has expanded its collaboration with Jack Henry to support the bank's digital and growth strategy.
Among the largest locally headquartered banks in the Chicago area, Old Second benefited from a seven-year modernization journey, improving its technology infrastructure to support organic growth and acquisitions. In 2015, the bank began by migrating its Jack Henry core to the private cloud and shifting a historically retail-focused offering to include commercial banking capabilities. Over the last two years, Old Second has expanded its relationship with Jack Henry, resulting in:
- Improved operational efficiencies through automating with scale using jhaEnterprise Workflow™;
- Access to leading Jack Henry banking services such as card processing solutions;
- New digital capabilities through the Banno Digital Platform™; and
- Stronger connections with third-party solutions using Jack Henry's open API infrastructure.
Andrew Maychruk, executive vice president and chief technology officer at Old Second National Bank, commented, "We needed an open, progressive technology architecture in order to differentiate and meet the demands of our account holders. Jack Henry understands our mindset that past industry practices are no longer sustainable, as is evidenced in Jack Henry's recently announced technology modernization strategy. They take time to listen, understand our unique challenges, and work with us to develop a strategy that meets the needs of our company and account holders."
Old Second is dedicated to providing its account holders with all of the conveniences of a digital self-service model while providing personal support in the moment of need. Embedding modern fintech solutions into its digital platform through Jack Henry's ecosystem – Jack Henry provides connectivity to more than 850 fintechs – is expected to enable the bank to continue to meet the needs of account holders in the future.
Stacey Zengel, senior vice president of Jack Henry & Associates and president of Jack Henry Banking, said, "Old Second National Bank has been on a growth trajectory and its technology plan positions the bank to differentiate and serve account holders in its markets. The bank shares in our vision to keep evolving so that community-based financial institutions are the focal point of financial experiences. This open, embedded experience is how we win at banking-as-a-service."
About Jack Henry & Associates, Inc.
Jack Henry (NASDAQ:JKHY) is a leading SaaS provider of technology solutions primarily for the financial services industry. We are an S&P 500 company that serves more than 8,000 clients nationwide through three divisions: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in future-ready digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com.
About Old Second Bancorp, Inc.
Old Second Bancorp, Inc. is a corporation organized under the laws of the State of Delaware in 1981 that serves as the bank holding company for its wholly-owned subsidiary bank, Old Second National Bank. Old Second National Bank (the "Bank") is a national banking association headquartered in Aurora, Illinois, that operates through 63 banking centers located in Cook, DeKalb, DuPage, Kane, Kendall, LaSalle and Will counties in Illinois.
Old Second National Bank is a full-service banking business offering a broad range of deposit products, trust and wealth management services, and lending services, including demand, NOW, money market, savings, time deposit and individual retirement accounts; commercial, industrial, consumer and real estate lending, including installment loans, agricultural loans, lines of credit, lease financing receivables and overdraft checking; safe deposit operations, and an extensive variety of additional services tailored to the needs of individual customers, such as the acquisition of U.S. Treasury notes and bonds, money orders, cashiers' checks and foreign currency, direct deposit, discount brokerage, debit cards, credit cards, and other special services. Our lending activities include making commercial and consumer loans, primarily on a secured basis. Commercial lending focuses on business, capital, construction, inventory, health care and real estate lending, as well as lease financing. Installment lending includes direct loans to consumers and commercial customers.
Cautionary Note Regarding Forward-Looking Statements
Statements made in this news release that are not historical facts are forward-looking information and can be identified by words such as "will," expected to," "positions," and "plans," or similar statements that indicate future periods. Actual results may differ materially from those projected in any forward-looking information. There are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information, including, but not limited to changes in customer expectations and preferences. Additional information on these and other factors, which could affect Jack Henry's or Old Second Bancorp, Inc.'s results, are included in their respective Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in Jack Henry's or Old Second' Bancorp, Inc.'s SEC filings that may cause actual results to differ materially from any forward-looking information.
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| 2022-04-19T12:44:06Z
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Built by Broadcasters for Broadcasters, the RUN3TV Platform Enables Interactive Content to be Easily Deployed Across NEXTGEN TV Receivers
WASHINGTON, April 19, 2022 /PRNewswire/ -- Pearl TV, the coalition of U.S. broadcast companies transitioning to NEXTGEN TV, today announced the launch of the RUN3TV web platform that enables broadcasters to offer a brand-new hybrid TV service to over-the-air (OTA) viewers.
RUN3TV was built to support NEXTGEN TV, otherwise known as ATSC 3.0, and bring content to life through two-way web interactivity. As NEXTGEN TV has reached an inflection point—now reaching 60 markets, approximately 70 television models available at retail, and a growing device ecosystem—RUN3TV enables broadcasters to directly engage with their viewers via their broadcaster applications.
"An industry first, RUN3TV gives broadcasters the ability to leverage the new ATSC 3.0 A/344 Interactive Content broadcast standard to create television applications that enhance over-the-air viewing with interactive and on-demand content delivered over broadband," stated Anne Schelle, managing director of Pearl TV. "With NEXTGEN TV and RUN3TV, broadcasters can now bring the OTA environment into the digital world."
RUN3TV's web-based platform architecture enables stations to develop, innovate, and differentiate at the application services layer, allowing a consistent viewer experience across all NEXTGEN TV devices. The broadcaster controls the product vision, audience engagement, and customer experience. Broadcasters can choose their technical partners and take advantage of contributions from the RUN3TV developer community.
With RUN3TV, broadcasters can expect viewers to spend additional time engaging with content and multiple new revenue opportunities from those viewers watching the live broadcast. Broadcasters can now leverage advanced advertising in live and streaming content, audience insights, and premium content distribution thanks to the new platform.
"NEXTGEN TV is scaling rapidly on connected TVs, creating a new advanced advertising marketplace. Display, lead-gen, and dynamic ad insertion capabilities will be game changers for broadcasters and help level the playing field among other digital providers," stated Kerry Oslund, vice president of strategy and business development at The E.W. Scripps Company. "RUN3TV creates an underlying framework that puts broadcasters in the driver's seat on what they create and how they provide content that matters to viewers. RUN3TV has just scratched the surface of what is possible for the broadcast community."
Pearl TV is launching the RUN3TV platform through its subsidiary, the ATSC 3.0 Framework Alliance, LLC (A3FA). RUN3TV development partners include Kineton, MadHive, IBM Weather, Freewheel and Google. Early adopters such as Gray Television, The E.W. Scripps Company, Graham Media, TEGNA, Hearst and Howard University's WHUT have launched broadcaster applications in more than 30 markets, and more broadcasters are adding innovative interactive features to their NEXTGEN TV channels to directly connect with their viewers and increase audience engagement.
"The power of the RUN3TV platform to enhance the viewer experience is tremendous. As broadcasters customize and build out exciting applications, viewers will be delighted to seamlessly discover and explore web content like local news, lifestyle, weather and emergency alerts, all within the broadcast they are watching," said Robert Folliard, senior vice president, government relations and distribution, Gray Television. "With NEXTGEN TV and RUN3TV, broadcasters can provide an on-demand broadcast experience, where viewers no longer need to watch along with a second screen—creating the future of viewing today."
NEXTGEN TV, RUN3TV at NAB Show
NEXTGEN TV will have a prominent presence at the National Association of Broadcasters (NAB) Show, April 23-27, in Las Vegas, Nev. Pearl TV's managing director, Anne Schelle, will take the stage as moderator in "What's Now and What's Next with NEXTGEN TV," and participate in a question-and-answer session designed to inform station managers and sellers about new opportunities available through the technology. For more details about NAB Show, visit the event program. Media and analysts interested in meeting with Pearl TV for a demonstration of the RUN3TV platform may contact pearltv@havasformula.com, or visit its booth, W9022, in the ATSC Pavilion.
Sunday, April 24, 12:00-12:30 p.m. PST, James Southern will deliver a RUN3TV presentation at the ATSC booth.
Follow NEXTGEN TV NAB Show 2022 highlights on Twitter @WatchNextGenTv.
Broadcasters can learn more about RUN3TV at www.run3tv.org.
Consumers can learn more about NEXTGEN TV by visiting www.watchnextgentv.com, which offers a guide to cities already on the air, where signals will soon be rolling out, and available television models.
About NEXTGEN TV
NEXTGEN TV is a broadcast technology standard, otherwise known as ATSC 3.0, and is the first major overhaul to the Advanced Television Systems Committee's (ATSC's) standard for receiving over-the-air (OTA) signals since ATSC 1.0 was introduced in 1996. NEXTGEN TV is based on internet protocol technology for interactivity, presenting the best combination of online and broadcast television, and continued innovation as new services are developed.
NEXTGEN TV delivers stunning 4K, High Dynamic Range (HDR) video, enhanced internet content on demand, and better audio enabled by Dolby Audio technologies, which includes movie theater-quality sound, added voice clarity provided by Dolby's Voice +, and consistent volume across channels.
About Pearl TV
Pearl TV is a business organization of U.S. broadcast companies with a shared interest in exploring forward-looking broadcasting opportunities, including innovative ways of promoting local broadcast TV content and developing digital media and wireless platforms for the broadcast industry. Pearl's membership, comprising more than 820 TV stations, includes eight of the largest broadcast companies in America: Cox Media Group, Graham Media Group, Gray Television, Hearst Television Inc., Nexstar Media Group, Sinclair Broadcast Group, the E.W. Scripps Company, and TEGNA Inc.
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| 2022-04-19T12:44:13Z
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MediaTek's multimedia expertise will provide television device manufacturers with a streamlined and economical entry into the NEXTGEN TV ecosystem
WASHINGTON, April 19, 2022 /PRNewswire/ -- Pearl TV, the coalition of U.S. broadcast companies transitioning to NEXTGEN TV, and MediaTek have launched 'FastTrack to NEXTGEN TV,' a program that accelerates and streamlines the path for adoption of NEXTGEN TV technology by consumer electronic makers producing smart TVs and related devices at volume.
"The trajectory of NEXTGEN TV hasn't slowed down and now our expanded collaboration with MediaTek only bolsters the path toward ubiquitous inclusion and adoption," commented Anne Schelle, managing director of Pearl TV. "We're excited that together with MediaTek, we can usher in high-volume, low-cost televisions that consumers desire and are buying today, particularly among millennials."
The FastTrack program provides consumer electronics manufacturers with an easier, faster, and more cost-effective process to introduce NEXTGEN TV-compatible products via MediaTek's Reference Platform. The Reference Platform will be pre-certified for compliance with the Consumer Technology Association's (CTA) NEXTGEN TV logo requirements, A3SA Security and the RUN3TV Application platform—ensuring that manufacturers are meeting the highest standards around authenticity and security.
"We are very glad to work with Pearl TV as a total NEXTGEN TV solution provider with a complete Reference Platform for high-volume TV manufacturers, including TV System on Chip (SoC), ATSC3 demodulators and software stack. MediaTek has been providing TV SoC solutions to 90% of all TV brands, and this pre-certified fast track program will help to expedite our support to customers with scale," stated Alfred Chan, vice president, TV Business Unit in the Smart Home Group at MediaTek.
Now broadcasting in nearly 60 markets covering more than half of the U.S., NEXTGEN TV is expected to reach 82% of viewers in the U.S. by the end of 2022. And consumer interest in the new technology is strong, too: according to recent research by Magid, 85% of viewers without a NEXTGEN TV are likely to purchase one in the next year. NEXTGEN TV has already proven to be one of the fastest growing new technologies introduced to consumers, outpacing in its first three years sales of the DVD player over the same period. NEXTGEN TV sales are projected to double this year over 2021, increase by 75% in 2023, and then grow again by 100% in 2024 according to the CTA.
NEXTGEN TV sets are proliferating, now with approximately 70 models available at retail, at a starting price point between $500 and $600, from Sony, Samsung, and LG. Hisense was recently added to the roster of manufacturers, giving consumers even more choices for receivers as its models are introduced this year.
"The FastTrack program comes to the market at an opportune time for consumer electronics manufacturers looking to invest in cutting edge broadcast technology and better serve their customers with unrivalled visual and audio features," continued Chan. "Consumers want TVs to come with NEXTGEN TV capabilities and they want to be part of the future of television. NEXTGEN TV represents a new realm of possibilities for television and device manufacturers, and we're thrilled that this collaboration helps open the door for brands that want to have a seat at the table."
About NEXTGEN TV
NEXTGEN TV is a broadcast technology standard, otherwise known as ATSC 3.0, and is the first major overhaul to the Advanced Television Systems Committee's (ATSC's) standard for receiving over-the-air (OTA) signals since ATSC 1.0 was introduced in 1996. NEXTGEN TV is based on internet protocol technology for interactivity, presenting the best combination of online and broadcast television, and continued innovation as new services are developed.
NEXTGEN TV delivers stunning 4K, High Dynamic Range (HDR) video, enhanced internet content on demand, and better audio enabled by Dolby Audio technologies, which includes movie theater-quality sound, added voice clarity provided by Dolby's Voice +, and consistent volume across channels. MediaTek's Reference Platform supports all these NEXTGEN TV feature sets.
NEXTGEN TV at NAB Show
NEXTGEN TV will have a prominent presence at the National Association of Broadcasters (NAB) Show, April 23-27, in Las Vegas, Nev. Pearl TV's managing director, Anne Schelle, will take the stage as moderator in "What's Now and What's Next with NEXTGEN TV," and participate in a question-and-answer session designed to inform station managers and sellers about new opportunities available through the technology. For more details about NAB Show, visit the event program. Media and analysts interested in meeting with Pearl TV may contact pearltv@havasformula.com, or visit its booth, W9022, in the ATSC Pavilion.
Follow NEXTGEN TV NAB Show 2022 highlights on Twitter @WatchNextGenTv.
Consumers can learn more about NEXTGEN TV by visiting www.watchnextgentv.com, which offers a guide to cities already on the air, where signals will soon be rolling out, and available television models.
To sign up for MediaTek's FastTrack to NEXTGEN TV, please contact: Justin Hsu (justin-cm.hsu@mediatek.com).
About MediaTek
MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables nearly 2 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile device, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visit www.mediatek.com for more information.
About Pearl TV
Pearl TV is a business organization of U.S. broadcast companies with a shared interest in exploring forward-looking broadcasting opportunities, including innovative ways of promoting local broadcast TV content and developing digital media and wireless platforms for the broadcast industry. Pearl's membership, comprising more than 820 TV stations, includes eight of the largest broadcast companies in America: Cox Media Group, Graham Media Group, Gray Television, Hearst Television Inc., Nexstar Media Group, Sinclair Broadcast Group, the E.W. Scripps Company, and TEGNA Inc.
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| 2022-04-19T12:44:21Z
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FDR Park is part of the Fairmount Park System and is the largest park in South Philadelphia
PHILADELPHIA, April 19, 2022 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5, and BRKM6; LATIBEX: XBRK; OTC: BRKMY), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale cleaned up South Philadelphia's FDR Park today with the help of the Philadelphia Eagles. Covering 348 acres, FDR Park is South Philadelphia's largest park and is located adjacent to Lincoln Financial Field, home of the Eagles. Braskem will also donate a new bench made from recycled items at Lincoln Financial Field, which includes plastic bottle caps, food service trays, and even stadium seats.
"At Fairmount Park Conservancy, we are grateful when members of the community pitch in to show their love for Philadelphia's parks. The Philadelphia Eagles and Braskem's efforts in the gem of FDR Park are very much appreciated as both organizations are focused on sustainability. We hope other companies will follow their lead!" shared Maura McCarthy, Executive Director.
Braskem and the Eagles joined forces in September 2018, entering a nine-year sustainability-focused partnership. The partnership included the development of a closed-loop recycling program for bottle caps and other plastic products, as well as an education platform for 30 Philadelphia-area schools to teach students about Science, Technology, Engineering, and Math (STEM) career opportunities to inspire the next generation of STEM leaders. This educational focus is the central pillar of the parties' partnership around strengthening youth-focused STEM education.
"Braskem is excited to further strengthen our partnership with the Eagles and Fairmount Park Conservancy and support our local community by participating in a joint cleanup effort for FDR Park, one of Philadelphia's most important public institutions and outdoor recreational spaces. Braskem, aligned with the UN Sustainable Development Goals for 2030, has made sustainable commitments to people and the planet. Two of these commitments center around eliminating plastic waste and helping to advance local development in the communities where Braskem operates. Seizing opportunities where we can make our community cleaner so it can be better enjoyed by its members coupled with strengthening relationships with organizations who can help us amplify this sort of impact are critically important to Braskem," stated Geoff Inch, North America Sustainability Director, Braskem.
Since 2018, 60,000 pounds of plastic items, such as bottle caps, films, stadium seats, and food service trays, have been collected and recycled from the team's facilities. The recycled plastic is then turned into new applications, such as park benches. In 2021, the Eagles and Braskem donated one of the recycled park benches (produced in Eagles team colors) to the William C. Longstreth School Playground Build. Plastics benefit our lives by preserving and protecting our beverages and food, making sports equipment lighter and safer, and light-weighting cars and planes to use less energy and fuel. Braskem supports recycling these products at the end of their life cycle so they can create a new life as post-recycled material to continue benefiting society.
"Our partnership with Braskem has allowed us to expand our sustainability efforts by creating innovative recycling solutions at our facilities and an engaging STEM curriculum for young students in the classroom," said Norman Vossschulte, Director of Fan Experience, Philadelphia Eagles. "As a LEED Gold and ISO 20121 certified organization, the Eagles are committed to protecting the environment, including our home in Philadelphia. We are proud to join Braskem in the cleanup of FDR Park and in efforts to create a cleaner, more sustainable world for everyone."
Braskem is strongly committed to a Carbon Neutral Circular Economy where nothing is wasted, and everything is transformed. To support this vision for the future, Braskem has clearly stated targets for growing the company's recycled content product portfolio to sales of 300,000 tons by 2025 and one million tons by 2030. Braskem's transition to a circular economy is deeply rooted in mechanical and advanced recycling solutions. By engaging and investing in partnerships with other members of the value chain, the company is strengthening mechanical and advanced recycling, overcoming barriers, and ensuring the increased production of high-quality recycled material. All these initiatives are aligned with Braskem's feedstock diversification strategy and its macro goals of expanding the circular economy concept in the plastic chain and becoming a carbon-neutral company by 2050.
For more information on Braskem's global sustainable development strategy, please visit www.braskem.com/sustainabledevelopmentstrategy.
With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company's almost 8,000 team members dedicate themselves every day to improve people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 41 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 80 countries.
Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with six production plants located in Texas, Pennsylvania and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Boston focused on leveraging groundbreaking developments in biotechnology and advanced materials. For more information, visit www.braskem.com/usa.
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| 2022-04-19T12:44:28Z
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BOCA RATON, Fla., April 19, 2022 /PRNewswire/ - Phyto Partners, LLC ("Phyto"), a top venture capital fund, is launching its fourth private equity fund – Phyto IV, LP – focused on businesses operating in and around neurowellness and brain health and the use of psychedelic compounds for the improvement of mental well-being.
Phyto Partners has partnered with Ambria Capital, LLC ("Ambria"), for the management of Phyto IV. Founded in 2019 by a team of investment professionals with decades of success in the healthcare and technology markets, Ambria combines a comprehensive analytical approach with an unparalleled network of contacts to connect industry leaders with market opportunities.
Managing Partners Larry Schnurmacher and Cody Shandraw
"Our research indicates that we are on the verge of a neurowellness brain health megatrend that will include the resurgence of Psychotropics/Psychedelics as a Medicine and for all around mindfulness," said Larry Schnurmacher, Managing Partner. "The neurowellness sector has become one of the fastest-growing and largest markets to emerge in decades, and current regulatory hurdles have created an early-stage funding gap for companies uniquely poised for considerable growth. We believe that addressing this funding gap will be a key catalyst for rapid market expansion. For our latest fund, we have partnered with Ambria Capital, a high-performance team focused on bringing the best mental health and technology innovations to market. Their in-depth industry expertise and relationships will prove vital to the success of Phyto IV."
"We are seeing an increased focus on mental health and well-being among our peers and the broader public," added Cody Shandraw, Managing Partner. "As early pioneers in the psychedelics space, we are naturally excited for the tremendous growth potential, but more importantly, we are grateful to be playing a role in the development of new forms of medicine with real promise to benefit people's lives. As more people begin to realize the possibilities within neurowellness, we believe awareness will continue to swell, driving normalization and further industry growth."
Amid growing awareness of the potential for psychedelic treatments for common mental health disorders, the U.S. FDA has authorized over 100 ongoing human clinical trials and has already granted breakthrough therapy designations for MDMA and psilocybin compounds, expediting their development and review due to the potential for substantial improvements over currently available therapies. As research accelerates, stigmas are being debunked and new innovations are developing an industry with a clear path to commercialization. The U.S. psychedelic drugs market is projected to reach nearly $7 billion by 2027, according to Data Bridge Market Research.
"We are seeing emerging companies developing specific solutions for an industry in its infancy, in a market primed for explosive growth," continued Schnurmacher. "We are early, perhaps very early, but we believe the neurowellness space may develop and unfold much quicker than the cannabis market. We estimate that some of our target companies have a real chance of becoming industry leaders in the next few years."
This is not an offer to sell any securities. Offering by private placement memorandum available upon request to accredited investors.
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| 2022-04-19T12:44:35Z
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HERZLIYA, Israel, April 19, 2022 /PRNewswire/ -- Playtika Holding Corp. (NASDAQ:PLTK) announced today it will release financial results for the first quarter 2022 before U.S. markets open on Tuesday, May 10, 2022.
On the same day, Playtika management will hold a conference call to discuss the results at 5:30 a.m. Pacific Time, 8:30 a.m. Eastern Time.
A live webcast of the conference call and earnings release materials can be found on Playtika's Investor Relations website at investors.playtika.com. To listen live, participants may register here, or dial into the conference call at (833) 665-0587 or (661) 407-1603 for international callers. Please use conference ID: 3398904.
About Playtika
Playtika (NASDAQ: PLTK) is a mobile gaming entertainment and technology market leader with a portfolio of multiple game titles. Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms. Headquartered in Herzliya, Israel, and guided by a mission to entertain the world through infinite ways to play, Playtika has offices worldwide and employs over 4,000 employees.
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| 2022-04-19T12:44:42Z
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SAN FRANCISCO, April 19, 2022 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the first quarter of 2022.
Net earnings per diluted share was $1.54 for the quarter compared with $0.49 for the first quarter of 2021. Core funds from operations (Core FFO)* per diluted share was $1.09 for the quarter compared with $0.97 for the same period in 2021.
"The need for resilience in the supply chain continues to drive record demand despite today's economic and geopolitical risks," said Hamid R. Moghadam, co-founder and CEO, Prologis. "With our well-positioned portfolio, irreplaceable land bank, abundant investment capacity and differentiated customer solutions, we expect to continue to outperform while delivering exceptional customer service."
PROLOGIS TO PARTICIPATE IN FEDERAL SUPPLY CHAIN INITIATIVE
Last month, the Biden Administration asked for Prologis' participation in its Freight Logistics Optimization Works initiative (FLOW), which is charged with developing a digital sharing network to help improve the flow of goods in the United States. Prologis is part of a public/private working group that is evaluating ways to expand information sharing across the U.S. supply chain. Prologis will leverage its powerful data platform to share insights on industry trends.
OPERATING PERFORMANCE
DEPLOYMENT ACTIVITY
BALANCE SHEET & LIQUIDITY
During the first quarter, Prologis and its co-investment ventures issued $2.6 billion of debt at a weighted average interest rate of 1.5 percent. This activity includes $1.6 billion in green bond raises. The company has maintained its leading liquidity position with approximately $6.8 billion in cash and availability on its credit facilities.
As of March 31, 2022, debt as a percentage of total market capitalization was 13.5 percent, and the company's weighted average interest rate on its share of total debt was 1.7 percent with a weighted average term of 10.0 years. The combined investment capacity of Prologis and its open-ended ventures, at levels in line with their current ratings, is approximately $18 billion.
2022 GUIDANCE
"Our lease mark-to-market of 47 percent provides substantial embedded earnings growth for years to come even without any further increase in market rents," said Timothy D. Arndt, chief financial officer, Prologis. "The long-term growth outlook for our business and balance sheet has never been stronger."
The earnings guidance described above includes potential gains recognized from real estate transactions but excludes any future or potential foreign currency or derivative gains or losses as our guidance assumes constant foreign currency rates. In reconciling from net earnings to Core FFO*, Prologis makes certain adjustments, including but not limited to real estate depreciation and amortization expense, gains (losses) recognized from real estate transactions and early extinguishment of debt, impairment charges, deferred taxes and unrealized gains or losses on foreign currency or derivative activity. The difference between the company's Core FFO* and net earnings guidance for 2022 relates predominantly to these items. Please refer to our quarterly Supplemental Information, which is available on our Investor Relations website at https://ir.prologis.com and on the SEC's website at www.sec.gov for a definition of Core FFO* and other non-GAAP measures used by Prologis, along with reconciliations of these items to the closest GAAP measure for our results and guidance.
APRIL 19, 2022, CALL DETAILS
The call will take place on Tuesday, April 19, 2022, at 9:00 a.m. PT/12:00 p.m. ET. To access a live broadcast of the call, please dial +1 (888) 330-2502 (toll-free from the United States and Canada) or +1 (240) 789-2713 (from all other countries) and enter conference code 7126328. A live webcast can be accessed from the Investor Relations section of www.prologis.com.
A telephonic replay will be available April 19 - May 3 at +1 (800) 770-2030 (from the United States and Canada) or +1 (647) 362-9199 (from all other countries) using conference code 7126328. The webcast replay will be posted in the Investor Relations section of www.prologis.com under "Events & Presentations."
ABOUT PROLOGIS
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 31, 2022, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.0 billion square feet (93 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,800 customers principally across two major categories: business-to-business and retail/online fulfillment.
FORWARD-LOOKING STATEMENTS
The statements in this document that are not historical facts are 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. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which we operate as well as management's beliefs and assumptions. Such statements involve uncertainties that could significantly impact our financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," and "estimates," including variations of such words and similar expressions, are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future—including statements relating to rent and occupancy growth, development activity, contribution and disposition activity, general conditions in the geographic areas where we operate, our debt, capital structure and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures—are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and, therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic and political climates; (ii) changes in global financial markets, interest rates and foreign currency exchange rates; (iii) increased or unanticipated competition for our properties; (iv) risks associated with acquisitions, dispositions and development of properties; (v) maintenance of real estate investment trust status, tax structuring and changes in income tax laws and rates; (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings; (vii) risks related to our investments in our co-investment ventures, including our ability to establish new co-investment ventures; (viii) risks of doing business internationally, including currency risks; (ix) environmental uncertainties, including risks of natural disasters; (x) risks related to the current coronavirus pandemic; and (xi) those additional factors discussed in reports filed with the Securities and Exchange Commission by us under the heading "Risk Factors." We undertake no duty to update any forward-looking statements appearing in this document except as may be required by law.
Adjusted EBITDA. We use Adjusted EBITDA attributable to common stockholders/unitholders ("Adjusted EBITDA"), a non-GAAP financial measure, as a measure of our operating performance. The most directly comparable GAAP measure to Adjusted EBITDA is net earnings.
We calculate Adjusted EBITDA by beginning with consolidated net earnings attributable to common stockholders and removing the effect of: interest expense, income taxes, depreciation and amortization, impairment charges, gains or losses from the disposition of investments in real estate (excluding development properties and land), gains from the revaluation of equity investments upon acquisition of a controlling interest, gains or losses on early extinguishment of debt and derivative contracts (including cash charges), similar adjustments we make to our FFO measures (see definition below), and other items, such as, amortization of stock based compensation and unrealized gains or losses on foreign currency and derivatives. We also include a pro forma adjustment to reflect a full period of NOI on the operating properties we acquire or stabilize during the quarter and to remove NOI on properties we dispose of during the quarter, assuming all transactions occurred at the beginning of the quarter. The pro forma adjustment also includes economic ownership changes in our ventures to reflect the full quarter at the new ownership percentage.
We believe Adjusted EBITDA provides investors relevant and useful information because it permits investors to view our operating performance, analyze our ability to meet interest payment obligations and make quarterly preferred stock dividends on an unleveraged basis before the effects of income tax, depreciation and amortization expense, gains and losses on the disposition of non-development properties and other items (outlined above), that affect comparability. While all items are not infrequent or unusual in nature, these items may result from market fluctuations that can have inconsistent effects on our results of operations. The economics underlying these items reflect market and financing conditions in the short-term but can obscure our performance and the value of our long-term investment decisions and strategies.
We calculate our Adjusted EBITDA, based on our proportionate ownership share of both our unconsolidated and consolidated ventures. We reflect our share of our Adjusted EBITDA measures for unconsolidated ventures by applying our average ownership percentage for the period to the applicable reconciling items on an entity by entity basis. We reflect our share for consolidated ventures in which we do not own 100% of the equity by adjusting our Adjusted EBITDA measures to remove the noncontrolling interests share of the applicable reconciling items based on our average ownership percentage for the applicable periods.
While we believe Adjusted EBITDA is an important measure, it should not be used alone because it excludes significant components of net earnings, such as our historical cash expenditures or future cash requirements for working capital, capital expenditures, distribution requirements, contractual commitments or interest and principal payments on our outstanding debt and is therefore limited as an analytical tool.
Our computation of Adjusted EBITDA may not be comparable to EBITDA reported by other companies in both the real estate industry and other industries. We compensate for the limitations of Adjusted EBITDA by providing investors with financial statements prepared according to GAAP, along with this detailed discussion of Adjusted EBITDA and a reconciliation to Adjusted EBITDA from consolidated net earnings attributable to common stockholders.
Business Line Reporting is a non-GAAP financial measure. Core FFO and development gains are generated by our three lines of business: (i) real estate operations; (ii) strategic capital; and (iii) development. The real estate operations line of business represents total Prologis Core FFO, less the amount allocated to the strategic capital line of business. The amount of Core FFO allocated to the strategic capital line of business represents the third party share of asset management fees, Net Promotes and transactional fees that we earn from our consolidated and unconsolidated co-investment ventures less costs directly associated with our strategic capital group. Realized development gains include our share of gains on dispositions of development properties and land, net of taxes. To calculate the per share amount, the amount generated by each line of business is divided by the weighted average diluted common shares outstanding used in our Core FFO per share calculation. Management believes evaluating our results by line of business is a useful supplemental measure of our operating performance because it helps the investing public compare the operating performance of Prologis' respective businesses to other companies' comparable businesses. Prologis' computation of FFO by line of business may not be comparable to that reported by other real estate companies as they may use different methodologies in computing such measures.
Calculation of Per Share Amounts
Estimated Value Creation represents the value that we expect to create through our development and leasing activities. We calculate Estimated Value Creation by estimating the Stabilized NOI that the property will generate and applying a stabilized capitalization rate applicable to that property. Estimated Value Creation is calculated as the amount by which the value exceeds our TEI and does not include any fees or promotes we may earn.
Estimated Weighted Average Margin is calculated on development properties as Estimated Value Creation, less estimated closing costs and taxes, if any, on properties expected to be sold or contributed, divided by TEI.
Estimated Weighted Average Stabilized Yield is calculated on the properties in the Development Portfolio as Stabilized NOI divided by TEI. The yields on a Prologis Share basis were as follows:
Fee Related Earnings ("FRE") is a non-GAAP financial measure and component of NAV. It is used to assess the performance of our strategic capital business and enables management and investors to estimate the corresponding fair value. FRE is calculated as the third party share of asset management fees and transactional fees from our consolidated and unconsolidated co-investment ventures, net of direct and allocated related expenses. As non-GAAP financial measures, FRE has certain limitations as an analytical tool and may vary among real estate and asset management companies. As a result, we provide a reconciliation of Strategic Capital Revenues (from our Consolidated Financial Statements prepared in accordance with U.S. GAAP) to our FRE measure, as follows:
Fee Related Earnings Annualized utilizes the components of the current quarter FRE to calculate an estimated annual FRE amount. FRE annualized is calculated as the current quarter third party share of asset management fees from consolidated and unconsolidated co-investment ventures multiplied by four plus the third party share of transactional fees from consolidated and unconsolidated co-investment ventures for the trailing twelve months. This total is reduced by trailing twelve months of strategic capital expenses for asset management and transactional fees.
FFO, as modified by Prologis attributable to common stockholders/unitholders ("FFO, as modified by Prologis"); Core FFO attributable to common stockholders/unitholders ("Core FFO"); AFFO attributable to common stockholders/unitholders ("AFFO"); (collectively referred to as "FFO"). FFO is a non-GAAP financial measure that is commonly used in the real estate industry. The most directly comparable GAAP measure to FFO is net earnings.
The National Association of Real Estate Investment Trusts ("NAREIT") defines FFO as earnings computed under GAAP to exclude historical cost depreciation and gains and losses from sales net of any related tax, along with impairment charges, of previously depreciated properties. We also exclude the gains on revaluation of equity investments upon acquisition of a controlling interest and the gain recognized from a partial sale of our investment, as these are similar to gains from the sales of previously depreciated properties. We exclude similar adjustments from our unconsolidated entities and the third parties' share of our consolidated co-investment ventures.
Our FFO Measures
Our FFO measures begin with NAREIT's definition and we make certain adjustments to reflect our business and the way that management plans and executes our business strategy. While not infrequent or unusual, the additional items we adjust for in calculating FFO, as modified by Prologis, Core FFO and AFFO, as defined below, are subject to significant fluctuations from period to period. Although these items may have a material impact on our operations and are reflected in our financial statements, the removal of the effects of these items allows us to better understand the core operating performance of our properties over the long term. These items have both positive and negative short-term effects on our results of operations in inconsistent and unpredictable directions that are not relevant to our long-term outlook.
We calculate our FFO measures, as defined below, based on our proportionate ownership share of both our unconsolidated and consolidated ventures. We reflect our share of our FFO measures for unconsolidated ventures by applying our average ownership percentage for the period to the applicable reconciling items on an entity by entity basis. We reflect our share for consolidated ventures in which we do not own 100% of the equity by adjusting our FFO measures to remove the noncontrolling interests share of the applicable reconciling items based on our average ownership percentage for the applicable periods.
These FFO measures are used by management as supplemental financial measures of operating performance and we believe that it is important that stockholders, potential investors and financial analysts understand the measures management uses. We do not use our FFO measures as, nor should they be considered to be, alternatives to net earnings computed under GAAP, as indicators of our operating performance, as alternatives to cash from operating activities computed under GAAP or as indicators of our ability to fund our cash needs.
We analyze our operating performance principally by the rental revenues of our real estate and the revenues from our strategic capital business, net of operating, administrative and financing expenses. This income stream is not directly impacted by fluctuations in the market value of our investments in real estate or debt securities.
FFO, as modified by Prologis
To arrive at FFO, as modified by Prologis, we adjust the NAREIT defined FFO measure to exclude the impact of foreign currency related items and deferred tax, specifically:
We use FFO, as modified by Prologis, so that management, analysts and investors are able to evaluate our performance against other REITs that do not have similar operations or operations in jurisdictions outside the U.S.
Core FFO
In addition to FFO, as modified by Prologis, we also use Core FFO. To arrive at Core FFO, we adjust FFO, as modified by Prologis, to exclude the following recurring and nonrecurring items that we recognize directly in FFO, as modified by Prologis:
We use Core FFO, including by segment and region, to: (i) assess our operating performance as compared to other real estate companies; (ii) evaluate our performance and the performance of our properties in comparison with expected results and results of previous periods; (iii) evaluate the performance of our management; (iv) budget and forecast future results to assist in the allocation of resources; (v) provide guidance to the financial markets to understand our expected operating performance; and (vi) evaluate how a specific potential investment will impact our future results.
AFFO
To arrive at AFFO, we adjust Core FFO to include realized gains from the disposition of land and development properties, net of current tax expense, and recurring capital expenditures and exclude the following items that we recognize directly in Core FFO:
We use AFFO to (i) assess our operating performance as compared to other real estate companies; (ii) evaluate our performance and the performance of our properties in comparison with expected results and results of previous periods; (iii) evaluate the performance of our management; (iv) budget and forecast future results to assist in the allocation of resources; and (v) evaluate how a specific potential investment will impact our future results.
Limitations on the use of our FFO measures
While we believe our modified FFO measures are important supplemental measures, neither NAREIT's nor our measures of FFO should be used alone because they exclude significant economic components of net earnings computed under GAAP and are, therefore, limited as an analytical tool. Accordingly, these are only a few of the many measures we use when analyzing our business. Some of the limitations are:
- The current income tax expenses that are excluded from our modified FFO measures represent the taxes that are payable.
- Depreciation and amortization of real estate assets are economic costs that are excluded from FFO. FFO is limited, as it does not reflect the cash requirements that may be necessary for future replacements of the real estate assets. Furthermore, the amortization of capital expenditures and leasing costs necessary to maintain the operating performance of logistics facilities are not reflected in FFO.
- Gains or losses from property dispositions and impairment charges related to expected dispositions represent changes in value of the properties. By excluding these gains and losses, FFO does not capture realized changes in the value of disposed properties arising from changes in market conditions.
- The deferred income tax benefits and expenses that are excluded from our modified FFO measures result from the creation of a deferred income tax asset or liability that may have to be settled at some future point. Our modified FFO measures do not currently reflect any income or expense that may result from such settlement.
- The foreign currency exchange gains and losses that are excluded from our modified FFO measures are generally recognized based on movements in foreign currency exchange rates through a specific point in time. The ultimate settlement of our foreign currency-denominated net assets is indefinite as to timing and amount. Our FFO measures are limited in that they do not reflect the current period changes in these net assets that result from periodic foreign currency exchange rate movements.
- The gains and losses on extinguishment of debt or preferred stock that we exclude from our Core FFO, may provide a benefit or cost to us as we may be settling our obligation at less or more than our future obligation.
- The natural disaster expenses that we exclude from Core FFO are costs that we have incurred.
We compensate for these limitations by using our FFO measures only in conjunction with net earnings computed under GAAP when making our decisions. This information should be read with our complete Consolidated Financial Statements prepared under GAAP. To assist investors in compensating for these limitations, we reconcile our modified FFO measures to our net earnings computed under GAAP.
Guidance. The following is a reconciliation of our annual guided Net Earnings per share to our guided Core FFO per share:
Owned and Managed represents the consolidated properties and properties owned by our unconsolidated co-investment ventures, which we manage.
Prologis Share represents our proportionate economic ownership of each entity included in our total Owned and Managed portfolio whether consolidated or unconsolidated.
Rent Change (Cash) represents the percentage change in starting rental rates per the lease agreement, on new and renewed leases, commenced during the period compared with the previous ending rental rates in that same space. This measure excludes any short-term leases of less than one-year, holdover payments, free rent periods and introductory (teaser rates) defined as 50% or less of the stabilized rate.
Rent Change (Net Effective) represents the percentage change in net effective rental rates (average rate over the lease term), on new and renewed leases, commenced during the period compared with the previous net effective rental rates in that same space. This measure excludes any short-term leases of less than one year and holdover payments.
Retention is the square footage of all leases commenced during the period that are rented by existing tenants divided by the square footage of all expiring and in-place leases during the reporting period. The square footage of tenants that default or buy-out prior to expiration of their lease and short-term leases of less than one year, are not included in the calculation.
Same Store. Our same store metrics are non-GAAP financial measures, which are commonly used in the real estate industry and expected from the financial community, on both a net effective and cash basis. We evaluate the performance of the operating properties we own and manage using a "same store" analysis because the population of properties in this analysis is consistent from period to period, which allows us and investors to analyze our ongoing business operations. We determine our same store metrics on property NOI, which is calculated as rental revenue less rental expense for the applicable properties in the same store population for both consolidated and unconsolidated properties based on our ownership interest, as further defined below.
We define our same store population for the three months ended March 31, 2022 as the properties in our Owned and Managed Operating Portfolio, including the property NOI for both consolidated properties and properties owned by the unconsolidated co-investment ventures at January 1, 2021 and owned throughout the same three-month period in both 2021 and 2022. We believe the drivers of property NOI for the consolidated portfolio are generally the same for the properties owned by the ventures in which we invest and therefore we evaluate the same store metrics of the Owned and Managed portfolio based on Prologis' ownership in the properties ("Prologis Share"). The same store population excludes properties held for sale to third parties, along with development properties that were not stabilized at the beginning of the period (January 1, 2021) and properties acquired or disposed of to third parties during the period. To derive an appropriate measure of period-to-period operating performance, we remove the effects of foreign currency exchange rate movements by using the reported period-end exchange rate to translate from local currency into the U.S. dollar, for both periods.
As non-GAAP financial measures, the same store metrics have certain limitations as an analytical tool and may vary among real estate companies. As a result, we provide a reconciliation of Rental Revenues less Rental Expenses ("Property NOI") (from our Consolidated Financial Statements prepared in accordance with U.S. GAAP) to our Same Store Property NOI measures, as follows:
Weighted Average Interest Rate is based on the effective rate, which includes the amortization of related premiums and discounts and finance costs.
Weighted Average Stabilized Capitalization ("Cap") Rate is calculated as Stabilized NOI divided by the Acquisition Price.
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| 2022-04-19T12:44:48Z
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SOUTH PLAINFIELD, N.J., April 19, 2022 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its first quarter 2022 financial results and provide an update on the company's business and outlook on Tuesday, May 3, at 4:30 p.m. ET.
The call can be accessed by dialing (877) 303-9216 (in the United States) or (973) 935-8152 (outside of the United States) five minutes prior to the start of the call and providing the passcode 9963177. A live, listen-only webcast of the conference call can be accessed on the investor section of the PTC website at https://ir.ptcbio.com/events-presentations. A replay of the call will be available approximately two hours after completion of the call and will be archived on the company's website for 30 days following the call.
About PTC Therapeutics, Inc.
PTC is a science-driven, global biopharmaceutical company focused on the discovery, development and commercialization of clinically differentiated medicines that provide benefits to patients with rare disorders. PTC's ability to globally commercialize products is the foundation that drives investment in a robust and diversified pipeline of transformative medicines and our mission to provide access to best-in-class treatments for patients who have an unmet medical need. The Company's strategy is to leverage its strong scientific expertise and global commercial infrastructure to maximize value for its patients and other stakeholders. To learn more about PTC, please visit us at www.ptcbio.com and follow us on Instagram, Facebook, Twitter, and LinkedIn.
For More Information:
Investors:
Kylie O'Keefe
+1 (908) 300-0691
kokeefe@ptcbio.com
Media:
Jeanine Clemente
+1 (908) 912-9406
jclemente@ptcbio.com
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SOURCE PTC Therapeutics, Inc.
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https://www.whsv.com/prnewswire/2022/04/19/ptc-therapeutics-host-conference-call-discuss-first-quarter-2022-financial-results/
| 2022-04-19T12:44:55Z
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Dog owners nationwide are invited to log miles with their dog, in an attempt to reach one million collective miles, unlocking a donation to help dogs in need
ST. LOUIS, April 19, 2022 /PRNewswire/ -- Purina Pro Plan is teaming up with professional snowboarder Chloe Kim and her dog Reese to kick off the Pro Plan Million Mile Challenge, a movement encouraging people to get active with their dogs and discover how Pro Plan Sport's game-changing nutrition fuels dogs' active lifestyles.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9032951-purina-pro-plan-chloe-kim-pro-plan-million-mile-challenge/
Starting April 19, whether it's running, hiking, or even going for a swim, dog owners nationwide can track miles with their dog on activity logging app Strava and contribute to one million collective miles. Visit the Pro Plan Sport Hub to register now.
"As an athlete, I know that my performance starts with the nutrition I put in my body, and the same is true for my dog, Reese," said Kim. "I'm excited to team up with Pro Plan to launch the Pro Plan Million Mile Challenge because Reese and I love staying active together, and Pro Plan Sport gives her the strength and stamina to conquer any adventure."
As a part of the Million Mile Challenge, Pro Plan Sport is donating up to $100,000 (ten cents for every mile logged between April 19, 2022, and May 17, 2022) to Athletes for Animals, a 501(c)(3) non-profit organization that connects athletes with a shared passion for animals and focuses its efforts on protecting the welfare of homeless pets nationwide.
"We are so excited to shine a light on the incredible bond between people and their active dogs with the Pro Plan Million Mile Challenge," said Kristen Beckerle, senior brand manager at Purina. "This is the perfect way for dog owners to enjoy outdoor adventures together, contribute to a great cause, and see first-hand how it all starts with the fine-tuned nutrition of Pro Plan Sport."
Formulated for active, athletic dogs, Pro Plan Sport Performance formulas feature an optimized protein-to-fat ratio, real meat as the #1 ingredient, and high-quality nutrition specialized for each life stage; including new formulas for senior dogs and puppies. So, you can feel confident you're fueling your dog's best throughout his active, adventurous life.
To learn more about Pro Plan Sport, or to sign up for the Pro Plan Million Mile Challenge, visit proplansport.com. Help make a difference and get moving today.
About Nestlé Purina PetCare
Nestlé Purina PetCare creates richer lives for pets and the people who love them. Founded in 1894, Purina has helped dogs and cats live longer, healthier lives by offering scientifically based nutritional innovations. Purina manufactures some of the world's most trusted and popular pet care products, including Purina ONE, Pro Plan, Fancy Feast and Tidy Cats. Our more than 8,700 U.S. associates take pride in our trusted pet food, treat and litter brands that feed 51 million dogs and 65 million cats every year. More than 500 Purina scientists, veterinarians, and pet care experts ensure our commitment to unsurpassed quality and nutrition. Purina Pro Plan is a leader in the advanced nutrition category, with more than 140 targeted formulas to help your pet thrive throughout every stage of life. For more information, visit www.proplan.com or follow @ProPlan on Twitter, Instagram, or Facebook.
Purina promotes responsible pet care through our scientific research, our products and our support for pet-related organizations. Over the past five years, Purina has contributed more than $150 million towards organizations that bring, and keep, people and pets together, as well as those that help our communities and environment thrive.
Purina is part of Nestlé, a global leader in Nutrition, Health and Wellness. For more information, visit purina.com or subscribe here to get the latest Purina news.
About Athletes for Animals
Athletes for Animals was founded in 2013 by Kelly and David Backes. Athletes for Animals is a united team of professional athletes with a shared passion for advocating, rescuing and protecting the welfare of homeless pets nationwide. For the last nine years, the organization has successfully partnered with athletes to educate the public about responsible pet ownership, promote pet adoption, raise funds and has distributed just under one million in grant awards to support best practices in animal welfare. The vision is an increased respect for all companion animals, so that we can, "Team Up For Our Greatest Fans!"
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SOURCE Purina Pro Plan
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https://www.whsv.com/prnewswire/2022/04/19/purina-pro-plan-partners-with-pro-snowboarder-chloe-kim-launch-pro-plan-million-mile-challenge/
| 2022-04-19T12:45:03Z
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CONSHOHOCKEN, Pa., April 19, 2022 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, today announced the release of its 2021 Sustainability Report. The report highlights the substantial progress advancing the Company's holistic environmental, social and governance (ESG) strategy and 2030 goals, including the ways in which their approach, products, and services are aimed at making a positive contribution to Quaker Houghton's markets, customers, and society.
Andy Tometich, Chief Executive Officer and President commented, "I am incredibly proud of the dedication and resilience of our global colleagues during these challenging times. In 2021, we advanced our comprehensive sustainability priorities and demonstrated a clear focus on safety while providing increased transparency on the evolution of our ESG strategy. Our commitment to a brighter tomorrow is at the core of Quaker Houghton, and our focused investments, innovation-led approach, and customer intimacy will enable us to make a meaningful impact on the industries we serve."
Quaker Houghton's 2021 Sustainability Report aligns with credible sustainability frameworks such as the Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosure (TCFD), and the Sustainability Accounting Standards Board (SASB). Achievements noted in the report include:
Strong health and safety performance
- Decreased recordable incidents and achieved a Total Recordable Incident Rate (TRIR) of 0.33, below the average TRIR of 0.72 for medium-sized companies in the American Chemistry Council (2020)
- Achieved zero serious injury recordables
Improved water management and lowered direct emissions
- Decreased water per ton produced by 9% compared to 2020
- Reduced Scope 1 and 2 Greenhouse Gas (GHG) emissions per ton produced by 11% compared to 2020
Advancing diversity and inclusion
- Increased women in management by 4% compared to 2020
Notable workplace recognition
- Named one of America's Most Responsible Companies by Newsweek
- Certified as a Super Company in Mexico by Expansion Group and TOP Companies, as well as a Great Place to Work in India by the Great Place to Work Institute
Having announced its vision and comprehensive strategy last year to create social, environmental, and economic progress, Quaker Houghton has since transitioned corporate sustainability oversight into its global strategy organization. "Sustainability investments are aligned with our key growth initiatives and business strategies," said Joseph Berquist, Executive Vice President and Chief Strategy Officer. "With sustainability embedded into our global strategy, there is increased accountability to ensure our progress is meaningful. Delivering on our aggressive priorities will enhance our competitive advantage, support our customers' journeys, and deliver long-term value to all stakeholders."
View more information and progress highlights at quakerhoughton.com/sustainability/.
About Quaker Houghton
Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, can, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,700 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.
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SOURCE Quaker Houghton
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https://www.whsv.com/prnewswire/2022/04/19/quaker-houghton-releases-its-2021-sustainability-report/
| 2022-04-19T12:45:10Z
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New features enhance automation and orchestration capabilities, improve cost controls, and strengthen security postures
AUSTIN, Texas, April 19, 2022 /PRNewswire/ -- Ahead of AWS Summit in San Francisco Quali, a leading provider of Environments-as-a-Service infrastructure automation solutions, announced the release of enhanced control plane features for its Torque platform, which enables DevOps professionals to orchestrate and secure complex application environments by simplifying infrastructure provisioning, eliminating siloed infrastructure and addressing infrastructure provisioning bottlenecks.
New features expand automation and orchestration capabilities for heterogeneous environments including public, private, hybrid and container infrastructure, improve cost visibility and strengthen governance over security and compliance protocols, including:
- Orchestration across heterogeneous application environments:
Torque simplifies the orchestration and management of container, IaC and private cloud technologies with support for Helm, Terraform and vCenter all in the same modular, reusable blueprint, allowing users to define and provision environments complete with governance and policy definitions. By simplifying complex environments into self-service blueprints, DevOps teams can maintain control over cloud resources without slowing down developer access to infrastructure. - Cost visibility and control:
Torque now includes enhanced visibility and cost control capabilities including the ability to set limits for maximum duration and number of concurrent environments, limits for the total cost of an environment, Kubernetes cost reporting and improved forecasting and resource consumption policies per blueprint, sandbox and spaces. - Enhanced security postures:
Security enhancements include new customizable role-based access to blueprints, API Token Controls and integrations with secrets management technologies. DevOps teams can now leverage secrets into their blueprint designs and Torque will populate secrets during the deployment of sandboxes, automatically hardening the sandboxes.
"Organizations are increasingly constrained in their application development capabilities due to the growing complexity of infrastructure and the proliferation of the underlying tools in their technology stacks," said Edan Evantal, CTO of Quali. "Torque is the control plane that helps them maintain control over their infrastructure, so they can speed development while managing costs and enhancing governance to reduce risks to their organizations."
Torque is available for free via a 30-day free trial of Torque Enterprise, or as a free tier for individuals or small teams. Recent enhancements to the Torque UI also include the ability for users to get started using Torque without the need to connect to a cloud account. Simply create an account or login via GitHub to explore sample blueprints and launch sample environments. Users are also encouraged to join the Torque community for additional support or to provide additional product feedback. Start your free account by visiting https://app.qtorque.io/sign_up.
Quali will be attending AWS Summit in San Francisco April 20th and 21st. Stop by our booth, number 821, to meet the Quali team and learn more about Torque.
About Quali
Headquartered in Austin, Texas, Quali provides the leading platform for Environments-as-a-Service infrastructure automation solutions, helping companies achieve freedom from infrastructure complexity, so they can operate with velocity. Global 2000 enterprises and innovators everywhere rely on Quali's award-winning CloudShell and Torque platforms to create self-service, on-demand automation solutions that increase engineering productivity, cut cloud costs and optimize infrastructure utilization. For more information, please visit quali.com and follow Quali on Twitter and LinkedIn.
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SOURCE Qualisystems USA Inc.
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https://www.whsv.com/prnewswire/2022/04/19/quali-strengthens-infrastructure-control-plane-features-devops-it-teams-with-latest-release-torque/
| 2022-04-19T12:45:19Z
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All-in-one appliance at entry-level price point gives small creative teams access to StorNext and CatDV platforms as used by the leading content producers and largest brands
SAN JOSE, Calif., April 19, 2022 /PRNewswire/ -- Quantum® Corporation (NASDAQ: QMCO), the leader in solutions for video and unstructured data, today announced the release of the H4000 Essential, an all-in-one appliance that integrates Quantum CatDV™ media asset management and Quantum StorNext™ 7 shared storage software on the award-winning H4000 storage platform. The H4000 Essential provides highly available shared storage and automatic content indexing, discovery, and workflow collaboration for small creative teams. It does not require specialized IT skills to support, can be up and running in minutes, and offers unique features that integrate media management and storage so these teams can spend more time creating and less time searching for content. Now for the first time, the same technologies used by the largest studios, broadcasters, and post-production houses are available to small creative teams everywhere, starting at an entry-level suggested retail price under $40,000.
"What's remarkable about the new H4000 Essential is that we've brought the most important capabilities of two powerful platforms - CatDV and StorNext - and taken away the complexity and time in configuring and managing them separately and setting up production workflows. The H4000 Essential is the fastest solution to stand up for a new project or a new team – whether working directly on the storage, collaborating remotely from the field, managing multiple projects simultaneously, or all the above," said Dave Clack, vice president and general manager, Cloud Software and Analytics, Quantum. "For the first time, these industry-leading technologies are in reach of small creative groups everywhere."
"Switch is a fast-moving, agile brand and experience agency for leading content and enterprise brands – our work bridges digital and brand marketing with virtual and hybrid meeting events, tradeshows, and field marketing. We have multiple projects in flight constantly across our team, so it's important to us to have an all-in-one content management and storage solution like the H4000 Essential for our fast-moving deliverables," said Darren Temple, CEO and president of Switch.
The H4000 Essential features are purpose-built for the needs of small, independent creative teams and include:
- StorNext collaborative shared storage systems of starting at either 48TB or 96TB of raw storage in a compact 2U server, expandable up to 384TB with purchase of additional storage
- A highly-available dual-controller architecture
- An intuitive out of the box user experience designed for creative professionals to get up and running quickly
- 25GbE networking connection to customer networks
- Unified StorNext and CatDV account creation with StorNext-powered SMB storage volume sharing
- StorNext shared storage operations to trigger file ingesting, metadata extraction, proxy and filmstrip creation without needing 'file tree polling'
- Automatic content ingest, metadata extraction, proxy, thumbnail, and filmstrip creation
- Automatic content cataloging and indexing based on folder structure, made immediately available to all users
- Highly efficient StorNext and CatDV integration to avoid file system polling that can impact performance
- Quantum CatDV pre-installed and pre-configured for use by up to 10 named users, including use of Adobe Premiere Pro CatDV Panel
- Integration with Quantum Cloud-Based Analytics (CBA) software for remote, proactive system monitoring
- Available archiving plugins for Backblaze B2 Cloud Storage, or choice of S3-compatible storage
The available archive plugins are a powerful way to extend CatDV's searchable catalog as projects are completed and moved to cloud storage, yet keep them available for fast recall as needed on the H4000 Essential:
"We love empowering agile, creative teams with cloud storage that delivers ease, flexibility, and immediate availability when they need it. Pairing the H4000 Essential's impressive feature set with the Backblaze B2 Archive plugin does just that—it lets customers grow and protect archives at any scale while maintaining visibility into all the content they have stored on Backblaze B2 via the powerful visual catalogs the UI provides," said Nilay Patel, vice president of sales and partnerships at Backblaze.
"We're impressed with how fast it is to get a fully configured and integrated instance of StorNext-powered shared storage and Quantum CatDV up and running" said Nick Smith, vice president technology, Exertis Broadcast. "We see H4000 Essential as a powerful way to get world-class tools in the hands of content teams across our nationwide network of value-added resellers."
The H4000 Essential is available to order immediately from Quantum Value Added Resellers worldwide. Quantum will be demonstrating the H4000 Essential at the NAB Show in Las Vegas April 23-27 in Booths N4109 and N4106. For more information on this and all of Quantum's solutions for Media and Entertainment and Corporate Video, visit www.quantum.com
About Quantum
Quantum technology, software, and services provide the solutions that today's organizations need to make video and other unstructured data smarter – so their data works for them and not the other way around. With over 40 years of innovation, Quantum's end-to-end platform is uniquely equipped to orchestrate, protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO) and the Russell 2000® Index. For more information visit www.quantum.com.
Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.
Forward-Looking Statements
The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of the Quantum H4000 Essential and our business prospects, changes and trends in our business and the markets in which we operate.
These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the need to address the many challenges facing our business; the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market for active and cold data storage develops as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our Form 10-K filed with the Securities and Exchange Commission on May 26, 2021 and our Form 10-Q filed on February 9, 2022. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.
Media Contact:
Alexandra Gil
Red Lorry Yellow Lorry
quantum@rlyl.com
t +1 617 237 0922
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SOURCE Quantum Corp.
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https://www.whsv.com/prnewswire/2022/04/19/quantum-announces-h4000-essential-asset-management-collaborative-storage-built-small-independent-creative-teams/
| 2022-04-19T12:45:26Z
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The new solution provides customizable AI using Quantum CatDV software, which leverages NVIDIA DeepStream, NVIDIA Riva, and NVIDIA Maxine SDKs to enrich video content used in broadcast, post-production, and sports.
SAN JOSE, Calif., April 19, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), the leader in solutions for video and unstructured data, today announced it will be showcasing a new solution, which can analyze and enrich video content used in broadcast, post-production, sports, and other media workflows, at the NAB Show in Las Vegas, running April 23-27. The new solution integrates Quantum's CatDV asset management and automation platform and leverages NVIDIA A2 Tensor Core GPU infrastructure, and the NVIDIA AI platform. NVIDIA Deepstream, NVIDIA Riva, and NVIDIA Maxine software development kits (SDKs) are part of the NVIDIA AI platform that provides AI and machine learning capabilities to Quantum's CatDV software.
"Quantum CatDV has been leveraging NVIDIA GPU systems for years as part of our media transformation implementations. With this solution, customers can now add NVIDIA's world-class, proven AI and ML technologies to their content workflows. The solution serves as a centralized platform to enable users to find the hidden value in content libraries and amplify human curation like never before," said Dave Clack, vice president and general manager, Cloud Software and Analytics, Quantum.
This solution gives customers an on-premises alternative to cloud-delivered AI services that fully utilizes high-performance GPU hardware in a proven asset management and automation platform. Customers can automate common content-tagging and enhancement tasks such as object recognition within video frames, speech-to-text transcription, video and audio super-resolution, and other tools to add valuable metadata to video and image files, saving time and money, and unlocking hidden value in their media content libraries.
This enhanced video enrichment capability was first demonstrated at NVIDIA GTC in March, with an example of a sports broadcaster challenge: find all instances of referee yellow cards across hundreds of hours of soccer footage. Once objects or actions within video frames were identified, this content was then compiled into a 'supercut' within CatDV, with fully indexed and correlated timeline markers for human expert review, saving potentially hundreds of hours of work.
"At GTC 2022, NVIDIA named Quantum as an inaugural partner in the NVIDIA AI Accelerated Program, which helps developers build AI applications that customers can deploy with confidence," said Kari Briski, vice president of software product management, AI and HPC SDKs, NVIDIA. "Quantum's customers will be able to enjoy world-class AI and ML with this new content enrichment automation solution, powered by NVIDIA."
The Quantum AI content enhancement automation solution is comprised of:
- Quantum CatDV Enterprise with CatDV Automation Workers
- AI/ML integration based on NVIDIA DeepStream video analytics, NVIDIA Riva automatic speech recognition and text-to-speech technology, and NVIDIA Maxine video and audio quality enhancement SDKs
- NVIDIA A2 Tensor Core GPU infrastructure pipeline integration for Quantum CatDV proxy generation, transcoding, and AI acceleration
- Additional optional custom AI/ML development to meet customer needs or to enable customer's development teams on the common platform
- Quantum StorNext shared file storage environment integration
- Optional Quantum NVMe storage to accelerate content movement within the GPU pipeline
- Optional Quantum archive to Quantum ActiveScale, Quantum Scalar tape, or S3-compatible storage
Quantum is now actively engaged with customers and partners for early deployment opportunities for the solution. This solution, along with Quantum's complete portfolio of solutions for media workflows, will be showcased at the NAB Show in Las Vegas, running April 23-27, at Quantum's booths: N4106 and N4109. For more information on this and all of Quantum's solutions for media and entertainment and corporate video, visit www.quantum.com
About Quantum
Quantum technology, software, and services provide the solutions that today's organizations need to make video and other unstructured data smarter – so their data works for them and not the other way around. With over 40 years of innovation, Quantum's end-to-end platform is uniquely equipped to orchestrate, protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO) and the Russell 2000® Index. For more information visit www.quantum.com.
Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.
Forward-Looking Statements
The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of the CatDV media asset management and collaboration platform with integrated NVIDIA AI/ML capabilities and our business prospects, changes and trends in our business and the markets in which we operate.
These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the need to address the many challenges facing our business; the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market for active and cold data storage develops as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our Form 10-K filed with the Securities and Exchange Commission on May 26, 2021 and our Form 10-Q filed on February 9, 2022. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.
Media Contact:
Alexandra Gil
Red Lorry Yellow Lorry
quantum@rlyl.com
t +1 617 237 0922
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| 2022-04-19T12:45:33Z
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MUMBAI, India and TORONTO, April 19, 2022 /PRNewswire/ - QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States, producing content created by social media stars and digital content creators and distributing via television, OTT platforms, mobile devices and apps, announced today that CEO and Co-Founder Curt Marvis and the management team of The Q India will host a one hour live conference call and live stream direct from Q headquarters in Mumbai on Thursday April 28, 2022 at 9:30 AM Eastern Standard Time. A live Q & A will follow the presentation and discussion. The discussion will revolve around the progress and developments in key growth initiatives in India in 2022.
To join via Zoom:
To watch the call please click here to access the zoom link.
To access the zoom call by phone within the U.S.A dial +1 669 900 6833, for Canada dial +1 778 907 2071, and if you're outside Canada and the U.S.A please click here to find your local number. Callers should dial in five to ten minutes prior to the scheduled start time.
Management will accept questions via the zoom chat, and individuals wishing to ask a question during the call can do so after the formal presentation.
An archive of the call will be available on QYOU's website following the call.
QYOU Media operates in India and the United States producing and distributing content created by social media and digital content stars and creators. In India, via our flagship brand, The Q and the recently launched The Q Marathi and The Q Kahaniyan, we curate, produce and distribute premium content including television networks and VOD for cable and satellite television, OTT, mobile, smart TV's and app based platforms. Our India based influencer marketing division, Chtrbox, is among India's leading influencer marketing platforms connecting brands and social media influencers. In the United States, we create and manage influencer marketing campaigns for major film studios, game publishers and brands. Founded and created by industry veterans from Lionsgate, MTV, Disney and Sony, QYOU Media's millennial and Gen Z-focused content reaches more than one billion consumers around the world every month. Experience our work at www.qyoumedia.com and www.theq.tv
Join our shareholder chat group on Telegram: http://t.me/QYOUMedia
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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| 2022-04-19T12:45:43Z
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VANCOUVER, BC, April 13, 2022 /PRNewswire/ - Atmofizer Technologies Inc. (the "Company" or "Atmofizer") (CSE: ATMO) (Frankfurt: J3K) (OTCQB: ATMFF) announces today that it has opened its own internal research and development lab for HVAC system innovation in Toronto, Ontario, Canada where it will test its nanoparticle agglomeration technology for use in residential and commercial grade ventilation systems. The Company's HVAC experimental model will be tested against different filter regimes and real-world scenarios to measure improved air quality and reduced economic and environmental costs. Atmofizer's agglomeration technology is intended to improve air quality and filtration performance, while reducing energy consumption and total operating costs for owners.
"Independent third-party test results have shown our patented agglomeration technology is decreasing the particle counts in the ultrafine nanoscopic range of 0.017 microns to .122 microns by 44% at a rate of 1.4 liters per minute", said Whit Pepper, President, and Chief Commercial Officer of the Company. "That is significant, as it demonstrates our agglomeration technology is working to increase particle sizes, which increases the ability to neutralize these harmful particles with UV light and/or capture them in conventional air filters. For the operators of HVAC systems in homes, schools, commercial buildings, and at industrial sites, our initial testing supports the hypothesis that by making particles larger, we can make HVAC systems operate more effectively and efficiently by enabling customers to use a lower-rated MERV grade air filter, which are less expensive, and to use less air pressure, which can result in lower energy costs and less stress on ventilation system components, thereby reducing service and replacement costs and extending the life of the system. Increasing filter life and reducing hazardous properties of the particles being collected on those filters also reduces waste and exposure – so coupled with lower energy costs, we believe that can have a positive effect on the environment."
"Nanoparticles are very dangerous; they are so small that they can enter the human bloodstream directly through the lungs – and often prove to be the most elusive airborne matter for filters and sanitation devices to mitigate. So, while the industry seems to have reached its limitations trying to catch and kill the small particles, we are making those particles bigger so that conventional filters and UV systems can perform better against what we believe health science shows are the most hazardous," said Pepper.
"We have delivered nearly 2,000 ultrafine particle agglomeration engines over the last few months, to device manufacturers in both Europe and Asia, so we are getting a lot more data, and we continue to be encouraged by the scientific data as well as the anecdotal observations of our customers. We're hearing a lot about how bad odors go away; those sorts of comments can be challenging to quantify, as smell can be subjective, but we are working on a scale to capture that and transform customer experiences into something measurable. We're seeing increased interest from the maritime industry to put these in yachts and cruise ships. We expect to see an Atmofizer-equipped device go into a corporate jet next month. Our customers are serving as some great R&D advocates!" said Pepper.
"Most air quality meters used by consumer and commercial operators measures PM 2.5 to PM 10; those sensors are relatively low-cost (as low as under $100) and widely available. The issue with relying on those is the fact those sensors do not detect the nano-scale particulate matter (PM), which typically is the most hazardous to human health. It's like having a radar that only detects big bombers, but not the thousands of missiles being shot at you. It's a false sense of security, and we focus on solving that by making those particles bigger and more vulnerable to being filtered and neutralized," said Pepper.
"I came from a commercial background, rather than a scientific one, and I did not know what a nanoparticle even was – and much less why I should care. Once I learned a little about why particle size matters, it became so obvious why the filtration paradigm needed to change; everyone feels too comfortably focused on the wrong things. Sure, I watched what I ate and drank and wore a mask when I was told I was supposed to, but I never really understood how airborne viruses could elude filters and masks, why a mask might do or not do this and that, and that I literally needed to become more aware of what I breathed into my lungs, which is hard because you can't see or sense some of the worst hazards in the air. The coronavirus pandemic brought that to light, but ultrafine pollution and smoke, not to mention all the other nano-scale airborne viruses and bacteria, kill way more people every year than COVID-19. One of the most obvious things I realized was I would wear a mask onboard a well-filtered aircraft and yet I would go change the air filters and stick my head close to the contaminated, filthy filter media with concentrated particles clumped on it that broke loose into the air when I pulled the filter out of its bracket, mask-less without a second thought – very bad idea! Crazy, right? But I bet you 99% of the people out there do the same thing," said Pepper.
"From Main Street to Wall Street, people are generally unaware of the realities of poor air quality. When someone tells me the filters are enough or that making particles bigger doesn't work or make sense, we walk them through our data. In my experience, and this is just my personal experience as a newcomer to the industry, the only people I have encountered who question the benefits of ultrafine particle agglomeration are those who are profiting from perpetuating the myths that avoid addressing the impact of ignoring the health consequences nanoparticles pose to all living things and how the old way of addressing them stops short of being adequate. Atmofizer is disrupting the industry by turning the old way of doing things on its head, and we intend to share our story with the world."
Atmofizer's consumer and industrial solutions are based on its patent-protected and patent pending technology for ultrafine particle agglomeration and neutralization. This capability creates a revolutionary and more efficient method for addressing the wide range of dangerous nano-scale particles, viruses and bacteria that are too small to be effectively managed by conventional HEPA filters and ultraviolet lights. Atmofizer plans to disrupt the air treatment industry by improving air safety and purification efficiency while lowering customers' operational costs.
Atmofizing air refers to the process of using ultrasonic acoustic waves to agglomerate (cluster together) small particles into a larger target that is then radiated by ultraviolet light to neutralize their harmful properties, making the air you breath less hazardous to your health. Using units that atmofize air in tandem with HEPA filters can make the HEPA filters work more efficiently, enable the use of a less-powerful filter and result in a cleaner and longer-lasting filter that reduces operating costs and is less of a health hazard to clean or replace.
Atmofizer is applying its proprietary technology in consumer and industrial air purification products currently manufactured under the Atmofizer brand, as well as in retail and commercial devices produced by other companies that integrate Atmofizer technology into their own products under license. Atmofizer's owned and licensed product lines include wearable, portable and mobile use for personal air treatment, as well as larger systems to handle higher air volumes for commercial, industrial, institutional and residential applications.
This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, the effectiveness of the Company's technology to improve air quality and reduce customers' energy and operating costs, and the business and strategic plans of the Company.
By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company's ability to comply with all applicable laws and governmental regulations relating to its commercial products; the ability of the Company to protect its intellectual property; impacts to the business and operations of the Company due to the COVID-19 pandemic; conflict in eastern Europe; the Company having a limited operating history; the ability of the Company to access capital to meet future financing needs; the Company's reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.
Additional risk factors can also be found in the Company's continuous disclosure documents, which have been filed on SEDAR and can be accessed at www.sedar.com. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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| 2022-04-19T12:45:50Z
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CORAL SPRINGS, Fla., April 19, 2022 /PRNewswire/ -- Referrizer, LLC, the world's most advanced marketing automation platform for local businesses today reported its financial results for the quarter and trailing twelve months "TTM" March 31, 2022. The company reported year-over-year 55% revenue growth and annual TTM revenue growth of 61% from 2021 to 2022.
First 1st Quarter 2022 Compared to First 1st Quarter 2021:
- 55% increase in revenue in Q1'22 compared to Q1'21, increasing to $760,533 from $491,565 in Q1'21.
- Spend per customer increased by 24% from $455 in Q1 2021 to $565 in Q1 2022.
- Number of successful payments increased 23% to 4,246 compared to 3,454 in Q1 2021.
Full Year TTM 2022 Compared to Full Year TTM 2021:
- Revenue increased by 61% from $1,770,458 in 2021 to $2,841,781 in 2022.
- Spend per customer increased by 27% from $1,092 in 2021 to $1,388 in 2022.
- Number of successful payments increased 32% to 16,134 compared to 12,269 in 2021.
Upcoming Highlights
Revenue Growth TTM 1st Qtr. 2022
- TTM 1st Qtr. 2022 revenue of $2,841,781 vs $2,572,813 2021 YE revenue for a 10% growth quarter to quarter.
Valuation
- Last year at this time Referrizer raised capital at $8.8M pre-money valuation. Referrizer is now raising up to $2.0M at a pre-money valuation of $18M for an estimated ROI of 105% in 1 year.
Crowdfunding Campaign
- Planned launch of $1 million crowdfunding campaign with Republic, a platform with over 1.5 million members at an $18 million pre-money valuation.
Sales
- Signed strategic partnership with $5 billion SAAS business with 200 million users where we will be featured on their website.
- 276 new customers for the quarter
- Two new integration partners Mariana Tek and Walla
- Sales pipeline of multi-location corporate franchises in excess of $3.0 million representing 15 corporate opportunities.
Product
- Designing Partnership Marketplace including APIs for largest APP marketplace for SMBs.
"Our first quarter and TTM full year results continue to thrive with 54% revenue growth over the same quarter last year and TTM full year growth of 61%" said Andre Cvijovic, the Company's Chairman and CEO.
Mr. Cvijovic continued, "We are looking for participation in our crowdfunding campaign and or direct investment in Referrizer and also investor referrals for interested parties in this round of funding. Lastly, introductions to multi-location franchise owners would be greatly appreciated."
George O'Leary, Vice Chairman, said "With our TTM annual revenue going from $2.58M to $2.84M during the last quarter increases the calculated market capitalization by $2M, creating a buying opportunity for the crowdfunding campaign."
About Referrizer, LLC
Referrizer is helping local wellness businesses to solve two of their biggest business challenges: getting new customers and keeping existing customers longer. It's the worlds' most advanced marketing automation for local businesses offering end-to-end solutions.
Referrizer is a cloud software service platform that integrates with existing POS or business scheduling software. It empowers local businesses with an automated Referral Marketing System that turns existing customers into brand ambassadors. Our Reputation Management system prevents businesses from getting bad reviews while delivering 10x improvement in positive 5-star reviews. Our set of tools for Retention Marketing include: a loyalty program, Email and Text marketing automation that empowers communication with customers, so businesses can increase upsell value, prevent cancellations, reduce churn and extend lifetime value of their customers.
Our newest "Quick Connect" feature increases conversion rate from leads to customers by 400% by reducing time to contact leads from hours to less than 60 seconds.
As a result, businesses in our network experience positive ROI in the very first month, save hundreds of hours in manual labor through automation and most importantly get predictable, long-lasting results.
Referrizer is growing incredibly fast. Our upcoming releases in development will simplify user experience and the onboarding process while delivering even better results for our clients. For more information, visit our website at www.referrizer.com or reach andre.c@referrizer.com
Forward Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, including as a result of any acquisitions, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by our management, and us are inherently uncertain. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Contacts:
Referrizer, LLC
Selected Financial Data
Quarters Ended March 31, 2022 and 2021
- * Net Loss increase includes hiring two new executives, product and marketing hires, and increase in pay for the Serbian Development and Support teams based upon change in the market dynamics.
- ** Includes $350,000 of new SBA loan with a 30-year term at 3.75% interest.
- *** Decrease in Equity due to ($523k) in TTM net loss offset by equity compensation of $133k.
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| 2022-04-19T12:45:56Z
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STERLING, Va., April 19, 2022 /PRNewswire/ -- REI Systems, a leading technology solutions company, announced today that the General Services Administration (GSA) awarded Cloud Specialty Item Number (SIN) 518210C on REI Systems' GSA Multiple Award Schedule (MAS). The addition of the Cloud SIN will make it easier, faster, and more cost-effective for government buyers to partner with REI Systems for commercial cloud services.
This award recognizes REI's proven experience in delivering Cloud Support Services to federal agencies, including the Department of Homeland Security, Federal Emergency Management Agency, GSA, Patent and Trademark Office, and Health Resources and Services Administration. Furthermore, REI's Cloud Support Services helped 15 separate Department of Defense (DoD) components consolidate innovation and research application submissions, dramatically improving efficiency and reliability. These enhancements increased commercial innovator proposals to support DoD missions by 20%.
"We are very excited to offer our Cloud Support Services to government agencies through our GSA MAS contract vehicle. The GSA Cloud SIN is a testament to the success we've had in modernizing and advancing government enterprise systems," said Andrew Zeswitz, REI Systems' chief technology officer.
"We look forward to more opportunities to deliver mission impact with cloud-related IT professional services, including assessing, preparing, refactoring, migrating, integrating, and developing new native cloud applications using Agile and DevOps tools," said Gene Zapfel, REI Systems' chief growth officer.
About REI Systems
REI Systems provides reliable, effective, and innovative technology solutions that advance federal, state, local, and nonprofit missions. Our technologists and consultants are passionate about solving complex challenges that impact millions of lives. We take a Mindful Modernization® approach in delivering our application modernization, grants management systems, government data analytics, and advisory services. Mindful Modernization is the REI Way of delivering mission impact by aligning our government customers' strategic objectives to measurable outcomes through people, processes, and technology. Learn more at REIsystems.com.
Contact
Info@REIsystems.com
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| 2022-04-19T12:46:03Z
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Two industry leaders unite to create and deliver what is likely the most valuable, efficient and cost-effective all-natural concept on the CBD market today.
PITTSBURGH, April 19, 2022 /PRNewswire/ -- Hemp Synergistics, a leader in the cannabis industry, announced today they have joined forces with Rinus Beintema, one of Europe's most recognized medical cannabis proponents, to deliver long sought relief with ground breaking hemp-infused treatments for thousands of pain and symptom sufferers.
Over the past year Hemp Synergistics, a cutting-edge laboratory and manufacturer, has been working hand in hand with well-known cannabis legalization advocate Rinus Beintema and his non-profit group Suver Nuver to develop condition-specific custom-cannabinoid treatments as a user-friendly successor to cannabis oil.
The maximum THC percentage for CBD products is 0.05 percent in the Netherlands, considerably lower than the 0.2 percent found in the rest of Europe. Beintema needed an end-product guaranteed to maintain legal compliance and set out to find an advanced laboratory and manufacturer to assist.
Enter Hemp Synergistics, an innovative Pittsburgh-based biotechnology company that specializes in extracting, isolating, and standardizing the active molecules in hemp.
The company had already conquered absorption of these substances, referred to as "bioavailability", by preventing the body from breaking them down in the digestive process. This solves the problem by encapsulating the active hemp molecules by utilizing a patent-pending process and product known as Bio-Dri™, which causes a "Trojan Horse Effect" allowing the body to pass these substances by protecting the active ingredients from destructive enzymes to provide an outstanding absorption rate.
Hemp Synergistics went to work in their state-of-the-art laboratory to reproduce the cannabis oil formulas of Suver Nuver as precisely as possible in powder form using industrial hemp and created a final product guaranteed to stay within performance metrics specifying no more than 0.05% THC.
Soaring patient-satisfaction rates proved the success of this new powder. Clinical trials were conducted with 300 volunteers, with 82% reporting the same or better effects from the new solution over the oil-based product, an amazing result considering the hefty reduction in the amount consumed.
Suver Nuver has since expanded their clinical trials to over 30,000 patients. This will be followed by a full-country roll-out in Netherlands in Q3 and expansion into Germany in Q4.
"We have joined forces to create and deliver what is likely the most valuable, efficient and cost-effective all-natural concept on the CBD market today with a new product that is easier to consume and ten times more effective and more affordable." Said Hemp Synergistics Co-Founder, Russ Cersosimo. "There's truly nothing like it in the world."
Beintema, ecstatic with the outcome, affirmed: "This is the most effective and efficient product available, significantly better than the oils we have been working with for the last six years."
Dan Kohler, CEO Hemp Synergistics "We are thrilled to partner with Rinus and we share his passion for patients and their overall wellness. The synergies are boundless and we embrace our continued collaboration on product development for the good of all his patients now, and in the future."
About Hemp Synergistics: A biotechnology company that specializes in molecular encapsulation of active hemp ingredients, creating new products from scratch, and remediating THC.
Press Inquiries, Questions, Concerns, Ideas - Contact us
Russ Cersosimo Chief Marketing Officer of Hemp Synergistics
press@hempsynergistics +1-833-484-2373
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| 2022-04-19T12:46:10Z
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Samsara Luggage partners with Google's Accelerated Growth Team (AGT) to increase online sales and grow its online web traffic. This new strategy coincides with Samsara's recent launch of its Tag Smart luggage collection that combines with Apple's AirTag.
NEW YORK, April 19, 2022 /PRNewswire/ -- Samsara Luggage (OTCQB: SAML), maker of innovative travel products, today announced a new partnership with Google's Accelerated Growth Team (AGT) to advance its digital growth strategy, increase brand awareness and online sales. AGT is a selective program that uses precision targeting of potential customers to propel high-potential brands to the forefront of the online universe. This program will give Samsara exclusive access to valuable market data that can significantly increase online sales and expand the luggage brand's online popularity.
"Partners like AGT will allow us to continue to scale and expand," says Atara Dzikowski, Co-founder and CEO, Samsara Luggage. "As a D2C company we are always looking for ways to strengthen our online presence to immediately increase sales and create sustainable growth for long term success. Partnerships like this are valuable and we are thrilled that Google Accelerated Growth Team saw our potential and allowed us to utilize their powerful resources."
Samsara's newly launched Tag Smart Collection recently received an outstanding review in Forbes: "The integration of the Apple AirTag is well done and indicative of where the industry needs to shift in order to stay on top of production." The Tag Smart Collection is the first smart suitcase designed for the Apple AirTag. Travelers can track their suitcase with precision and ease using the Find My app on their iPhone. Tag Smart is specially made for the AirTag with an interior compartment that secures the device from the inside. Samsara plans to expand this collection to more sizes and various types of technologies in the future.
About Samsara Luggage:
Samsara Luggage, Inc. ("Samsara," "Samsara Luggage" or the "Company") (OTCQB: SAML) is a global smart luggage and smart travel brand with a deep belief in creating a world where travel isn't a hassle, but rather an effortless experience. By combining smart features, including Internet of Things (IoT) technology, innovative design and quality materials, Samsara is dedicated to transforming the travel industry with its products.
Samsara launched Sarah & Sam, a fashion and lifestyle collection in the fourth quarter of the 2020 fiscal year. Sarah & Sam leverages the Company's established digital assets as well as its manufacturing and fulfillment supply chain capabilities to offer fresh and dynamic consumer products that respond to the changing needs of the market due to the coronavirus pandemic.
Forward-Looking Statements:
All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "expects," "anticipates," "intends," "estimates," "plans," "potential," "possible," "probable," "believes," "seeks," "may," "will," "should," "could" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These factors include uncertainties as to the Company's international manufacturing and supply chain, market acceptance of the Company's smart luggage, successfully implementing the Company's growth strategy, dependence on key Company personnel, changes in economic conditions, competition and other risks including, but not limited to, those described from in the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on April 11, 2022 (the "SEC"), and other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
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| 2022-04-19T12:46:16Z
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Blockchain, engagement, staking and NFT platform continues to grow with liquidity pool
NASHVILLE, Tenn., April 19, 2022 /PRNewswire/ -- Sator.io a community-first Web3 content engagement platform, today announced its six-week update for the SAO / USDC liquidity pool that is listed on Orca – the decentralized automated exchange where users can swap assets, provide liquidity and earn yields. By depositing the platform's native SAO token into the liquidity pool, token holders are actively contributing to the growth of the Sator ecosystem by providing the underlying collateral needed to facilitate active SAO trading.
Originating as a crypto-enabled TV engagement platform, Sator's Media3.0 platform is democratizing mainstream content for crypto and non-crypto users alike. Its Solana-based NFT marketplace offers NFTs as a service and operates as an in-house NFT studio. Through NFTs, reward-based trivia games, and its metaverse (Satorverse); the ecosystem provides content producers with more opportunities to capitalize on content and reach a larger audience.
Isla Perfito, CEO of Sator, commented on the news, "By creating access points for users to interact with linear multimedia content in the metaverse while also rewarding users for consumption, Sator aligns interests on a global scale and its cryptocurrency integration provides financial rewards for all community members. When looking at a decentralized trading platform our decision to contract with Orca made sense because utilizing a double-dip partner provides the greatest benefit for our users and because we wanted to offer a non-intimidating revenue opportunity. The pool is far more simplistic and allows for easier adoption."
The SAO / USDC liquidity pool allows SAO holders to actively participate in the growth of the platform. To participate, users stake SAO and USDC tokens in the pool and earn rewards for providing liquidity to the ecosystem. The total value locked (TVL) in the pool reached a high of $834,770.37 and ended the six-week period with $512,998.03 in TVL. Sator users and SAO holders can connect to Orca through a variety of Solana compatible wallets such as Phantom, Sollet.io, Math Wallet and Coin98.
"We are always on the lookout for metaverse projects who would like to join the Orca ecosystem. We welcome the arrival of the SAO/USDC Double-Dip pool on Orca," stated Boaz Shoshan, communications strategist for Orca.
Sator has grown significantly since its 2021 inception and is now expanding beyond television to include music, movies, sports, and other entertainment mediums. The platform has also added new features, such as in-app staking, wallet services, increased access to SAO through liquidity pool offerings and the integration of new Solana-compatible wallets. The expansion of Sator's products and services further incentivizes content creators, contributors and users to participate in the community, while also doubling down on the platform's commitment to providing additional value to all active participants.
"We had a vision to build at the intersection of the enormous global content and hyper-growth blockchain markets and we can't onboard strategic media partners fast enough," said Chris Martin, president, and co-founder of Sator. "The future holds open-source community development for growing individual use cases for SAO."
To participate in the SAO / USDC liquidity pool, visit: https://www.orca.so/pools
About Sator
Sator is a decentralized app that allows users to earn NFTs, tokens and other rewards for simply watching their favorite TV shows. The blockchain-based platform allows TV viewers and distributors to build a community together. Users can tune into Sator-activated shows and use the app on a separate device to earn rewards with its native token, $SAO. Leveraging the strengths of multiple blockchain technologies including Ethereum and Solana, Sator allows entertainment series to engage with audiences by using bespoke NFTs and automating tech-enabled in-home viewer participation. To get started, you can download the app on iOS and Android, available at SATOR.io.
MEDIA CONTACT:
Shannon Blood
M Group Strategic Communications (on behalf of Sator)
+1 917 765 1442
satorpr@mgroupsc.com
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| 2022-04-19T12:46:23Z
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- Company advancing first-in-class portfolio of molecules targeting correction of NBD1, the key unique mechanism that could enable full restoration of function of ΔF508-CFTR in cystic fibrosis -
- Potential for two IND submissions within the next 12 months including the first novel program targeting NBD1 -
- Strong management team of respected industry leaders with deep experience in cystic fibrosis and rare disease drug development and commercialization -
BOSTON, April 19, 2022 /PRNewswire/ -- Sionna Therapeutics, a life sciences company founded in 2019 to develop highly effective and differentiated treatments for cystic fibrosis (CF), today announced the official launch of the company and the closing of a $111 million Series B financing. The round was led by OrbiMed with participation from funds advised by T. Rowe Price Associates, Inc., Q Healthcare Holdings, LLC., a wholly owned subsidiary of QIA, the sovereign wealth fund of Qatar, and previous investors including RA Capital, TPG's The Rise Fund, Atlas Venture, and the Cystic Fibrosis Foundation. Sionna has raised approximately $150 million to date.
Sionna is advancing a pipeline of first-in-class small molecules designed to fully restore the function of the cystic fibrosis transmembrane conductance regulator (CFTR) protein that is defective in CF, by stabilizing CFTR's first nucleotide-binding domain (NBD1). The leading cause of CF is the genetic mutation ΔF508 that affects NBD1 stability and CFTR function.
In clinically predictive in vitro CF models, Sionna's NBD1-targeted small molecules, in combination with other complementary modulators, have demonstrated the potential to normalize folding, maturation, and stability of the CFTR protein affected by the ΔF508 genetic mutation. This allows proper trafficking of CFTR to the cell surface and normal regulation of the flow of ions and water. By fully restoring CFTR function for patients with the ΔF508 genetic mutation to levels seen in cells of people without CF, Sionna's pipeline has the potential to deliver best-in-class efficacy and optimal clinical benefit for people with CF.
"NBD1 is a well-known and researched target, but it has been considered undruggable until now. Based on our focused efforts and continued progress on NBD1, we see the potential to normalize CFTR function in the vast majority of people with CF," said Mike Cloonan, President and Chief Executive Officer of Sionna Therapeutics. "Our mission at Sionna is to significantly improve the health and quality of life for people who continue to suffer from the life-long consequences and burden of living with CF. With this financing, our strong syndicate, and our experienced and talented team, we are excited to launch Sionna and are focused on advancing the first compounds from our differentiated pipeline into the clinic."
CF is a serious, potentially fatal genetic disease caused by a mutation in the CFTR gene that leads to a buildup of mucus in the lungs and airways, impaired pancreatic function and other organ dysfunction that can have a significant and often severe impact on health and life expectancy. There are over 100,000 people living with CF around the worldi,ii, an estimated 90 percent of whom have the genetic mutation ΔF508 that occurs within the NBD1 domain of CFTR. This mutation causes NBD1 to unfold at body temperature and impairs CFTR function. Despite the availability of currently approved treatments and the significant progress made on other targets within CFTR, most people with ΔF508 do not achieve full CFTR function. NBD1 is essential to normalize the function of CFTR and the production of healthy, freely flowing mucus in the airways, digestive system, and other organs.
The company plans to advance development of a franchise of small molecules targeting NBD1 and complementary modulators, including NBD1's interface with the intracellular loop 4 (ICL4) region and the transmembrane domain 1 (TMD1) of CFTR. Sionna plans to submit Investigational New Drug applications (IND) for its first NBD1 targeted program, SION-638, and for its lead ICL4 program, SION-109, within the next 12 months.
Experienced Leadership Team and Board of Directors
Sionna Therapeutics is led by industry veterans with deep experience in CF and rare disease drug development and commercialization, including:
- Mike Cloonan, President and Chief Executive Officer
Mr. Cloonan brings two decades of biopharma leadership experience including his most recent experience as the Chief Operating Officer for Sage Therapeutics and previously the Senior Vice President, U.S. Commercial at Biogen. - Charlotte McKee, M.D., Chief Medical Officer
Dr. McKee brings more than two decades of clinical trial and drug development experience and served as Vice President of Clinical Development in CF at Vertex Pharmaceuticals where she led development and approvals across their currently marketed modulator franchise. - John Macor, Ph.D., Chief Scientific Officer
Dr. Macor brings to Sionna more than 35 years of successful drug discovery experience. Most recently he was the Global Head of Integrated Drug Discovery at Sanofi. - Elena Ridloff, Chief Financial Officer
Ms. Ridloff brings more than two decades of experience in finance and the life sciences industry, most recently serving as Executive Vice President and Chief Financial Officer for Acadia Pharmaceuticals. - Greg Hurlbut, Ph.D., Co-founder, Senior Vice President, Discovery Research
Dr. Hurlbut has focused on the discovery of transformative therapies for rare pulmonary and protein conformational diseases, previously serving as Head of Protein Conformational Disease and Rare Pulmonary Disease Research at Sanofi Genzyme. - Mark Munson, Ph.D., Co-founder, Vice President, Medicinal Chemistry
Dr. Munson has nearly 30 years of experience creating biopharmaceutical drugs, most recently serving as U.S. Head of Medicinal Chemistry at Sanofi.
Board of Directors
- Josh Resnick, M.D., Chair, Managing Director, RA Capital
- Bruce Booth, D.Phil., Partner, Atlas Venture
- Mike Cloonan, President & CEO, Sionna Therapeutics
- Lucian Iancovici, M.D., Managing Director, TPG Life Sciences Innovation
- Adam Rosenberg, J.D., Venture Partner, RA Capital
- Peter Thompson, M.D., Partner, OrbiMed
About Sionna Therapeutics
Sionna Therapeutics is a life sciences company dedicated to developing highly effective and differentiated treatments for cystic fibrosis (CF) by normalizing the function of CFTR, the key protein associated with disease progression in CF. Building on over a decade of extensive research on the genetic mutations associated with CF and founded in 2019, Sionna is advancing a pipeline of small molecules engineered to correct ΔF508, the most common mutation that affects the CFTR protein. The company has a first-in-class portfolio of programs targeting correction of NBD1, the key and unique mechanism to enable full restoration of ΔF508-CFTR function, and complementary programs targeting ICL4 and TMD1 domains. Sionna's pipeline has the potential to deliver best-in-class efficacy and reach previously unachievable levels of long-term benefit for people with CF. For information about Sionna visit https://www.sionnatx.com/.
Media Contact
Adam Daley
Berry & Company Public Relations
212.253.8881
adaley@berrypr.com
Investor Contact
ir@sionnatx.com
i CF Registry data collected from: US: https://www.cff.org/Research/Researcher-Resources/Patient-Registry/2019-Patient-Registry-Annual-Data-Report.pdf; Europe: https://www.ecfs.eu/sites/default/files/general-content-files/working-groups/ecfs-patient-registry/ECFSPR_Report_2018_v1.4.pdf; Australia: https://www.cysticfibrosis.org.au/getmedia/bcab56d9-5bbe-4b19-9486-85a0ad2c2a21/ACFDR-2019-Annual-Report.pdf.aspx; Canada: https://www.cysticfibrosis.ca/registry/2019AnnualDataReport.pdf; Brazil: http://www.gbefc.org.br/ckfinder/userfiles/files/REBRAFC_2018.pdf; New Zealand: https://www.cfnz.org.nz/assets/Uploads/cf3fb19c08/Port-CF-2017-NZ-CF-Data-Registry-1-v2.1.pdf; South Africa: https://www.sacfa.org.za/wp-content/uploads/SA-CF-RegistryFullReport2018.pdf (Epidemiological estimates were calculated by summing patient registry data from all available CF patient registries; data was grown from year of data publication to 2021 in all major CF markets using growth rates in patient registry reports; the CF prevalence is extremely low in Asian countries and likely under-diagnosed, with a lack of centralized registries).
ii Singh M, Rebordosa C, Bernholz J, Sharma N. Epidemiology and genetics of cystic fibrosis in Asia: In preparation for the next-generation treatments. Respirology. 2015 Nov;20(8):1172-81. doi: 10.1111/resp.12656. Epub 2015 Oct 6. PMID: 26437683.
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| 2022-04-19T12:46:30Z
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Slidebean's All Access Subscription Empowers Startups to Get Investor Ready While Growing Their Business Potential
NEW YORK, April 19, 2022 /PRNewswire/ -- Slidebean, an all-encompassing fundraising hub for startups, announced today the launch of Slidebean All Access, a comprehensive subscription to an extensive suite of tools and services for every stage of startup development.
With All Access, Slidebean offers ten essential tools for the price of one and helps eliminate the uncertainties and complexities of founding a startup by providing a user-friendly toolkit that hand-holds entrepreneurs in their startup journey to success. This elevated platform offering enhances Slidebean's widely-used pitch-deck presentation builder designed for startups by providing more services for founders, including managing investor relations, building financial models, and access to startup lessons. Additionally, the All Access subscription makes it seamless for users to supplement Slidebean's tools with other paid feature offerings including 1:1 consulting interactions with experts and Recurring–a one-stop shop to track and optimize your business' recurring SaaS spend.
Specifically, Slidebean's All Access subscription gives founders access to unparalleled service, expertise, and development tools, including:
- Pitch Deck Templates: A collection of vetted pitch deck templates from successful venture-backed startups, such as Uber, Peloton, and Airbnb.
- Pitch Deck Builder: An automated, simple-to-use pitch deck builder that is highly orientated for startups.
- Investor Finder/CRM: A searchable database where founders can find and manage interactions and relationships with investors.
- Consulting/Agency Services: An agency that writes, designs, and models pitch decks and financial models for startups.
- Expert Network: A group of subject-matter experts that can assist with business strategy, growth marketing, product development, and more.
- Financial Models and Document Templates: A collection of templates for every document needed to set up and validate your business, from legal templates to Slidebean's acclaimed financial model templates, and more.
- Community: A networking space for entrepreneurs that allows them to help each other, and gain access to more exclusive content, events, and support from our team through webinars, demo days, office hours, meetups, and more.
- Startup Lessons: An aggregation of teachings focused on all things relative to business growth for startups.
- Deals: A database of deals geared at early stage startups to kickoff and boost their growth.
- Checklists: An education-focused checklist guide showing how to set up a business which ensures that a founder plans ahead and doesn't miss any vital steps in their journey. This checklist helps users learn how to successfully start a business.
"While presentations used to be 100% of Slidebean's product, now with All Access, the presentation module is just one of ten different tools we've been quietly building over the years, and are excited to share with our community," said Jose "Caya" Cayasso, Co-Founder and CEO of Slidebean.
He adds, "For nine years, we've been helping founders build pitch decks and we've learned that pitch decks are just a starting point for what they need–with over a million entrepreneurs around the world regularly tuning into our YouTube videos, this expansion transforms our assistance into a full set of tools they can use to get their companies investor-ready."
Slidebean All Access continues the company's mission to reach entrepreneurs with actionable, relatable resources and instructional content delivered through their popular YouTube channel and other prominent mediums.
To learn more about Slidebean All Access visit https://slidebean.com/.
About Slidebean
Slidebean is an all-encompassing fundraising hub for startups. Offering a comprehensive suite of tools and services, Slidebean helps startups create professional pitch decks, manage investor relations, build financial models, access startup lessons, and consult with experts. Founded in 2014, Slidebean regularly reaches one million entrepreneurs monthly through their popular YouTube channel, which provides actionable, relatable content to help companies navigate the challenges and opportunities of launching a successful startup. To learn more, visit slidebean.com or follow @Slidebean on YouTube, LinkedIn, Twitter, Instagram, and Facebook.
Press Inquiries
Jenna Guarneri
917-575-7526
jenna@jmgpr.com
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| 2022-04-19T12:46:37Z
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- FDA has approved the use of G-EYE® with Olympus' 510(k) cleared PCF colonoscopes -
RA'ANANA, Israel, April 19, 2022 /PRNewswire/ -- SMART Medical Systems Ltd., a developer and manufacturer of innovative endoscopy products, today announced an additional FDA clearance for its G-EYE® Colonoscope, based on Olympus' 510(k) cleared PCF colonoscope series. With this additional FDA clearance, G-EYE® is now available for use in the U.S. market on the commonly used colonoscope models of all three leading endoscopy brands - OLYMPUS, FUJIFILM, and PENTAX Medical.
"The ability to offer G-EYE® on colonoscope brands and models commonly used and widely available in the United States is an important milestone for SMART Medical, patients, and endoscopists," said Gadi Terliuc, Chief Executive Officer of SMART Medical. "The majority of U.S. endoscopists now have the option to utilize our cutting-edge technology, which has been shown in clinical studies to improve visualization compared with standard colonoscopy, while using their preferred brand and model of colonoscope. We are very excited to have completed our portfolio of U.S. G-EYE® offerings and believe that the widespread availability of the technology on the commonly used colonoscope models has the potential to accelerate adoption of G-EYE® colonoscopy as the standard of care."
The G-EYE® Colonoscope is a 510(k) cleared colonoscope, remanufactured by SMART to include a proprietary balloon at its distal bending section. Withdrawal of the G-EYE® Colonoscope with the balloon moderately inflated during colonoscopy assists in controlling the colonoscope's field of view and positioning. A published study (GIE 2019; 89: 545-53) demonstrated that G-EYE® can improve colonoscopy outcomes compared with standard colonoscopy across several metrics, including increasing adenoma detection rate (ADR) by 28%, detecting 47% more adenomas per patient (APP), 62% more advanced and large adenomas, and 142% more flat adenomas.
"We expect that this FDA clearance of the G-EYE® Colonoscope based on Olympus' PCF scopes, which many Olympus users prefer over traditional adult-sized colonoscopes, will enhance our ability to capture a substantial portion of the U.S. colonoscopy market," said Brian Cochrane, Chief Commercial Officer of SMART's U.S. subsidiary. "We are committed to becoming the standard of care in colonoscopy, and this FDA clearance is an important step toward achieving this critical goal."
About SMART Medical Systems
SMART Medical Systems is a pioneer in the development and manufacture of innovative medical devices in the field of gastro-intestinal (GI) endoscopy. SMART's unique approach is to address key challenges in contemporary endoscopy while using available brand name endoscopes. SMART's CE Marked and FDA-cleared NaviAid™ and G-EYE® product families are commercially distributed in key global markets. With its partnership with FUJIFILM and PENTAX Medical, SMART's G-EYE® colonoscopy solution is currently adopted by two of the three industry leaders in GI endoscopy imaging. SMART is headquartered in Israel, and operates in the United States through its wholly-owned subsidiary, SMART GI Inc. For more information, please visit: www.smartmedsys.com/us/.
Media Contact:
Glenn Silver, Lazar FINN
Glenn.silver@finnpartners.com
+1 (973) 818-8198
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| 2022-04-19T12:46:43Z
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The independently reviewed study shows IXL usage leads to higher achievement in math for students in grades 3-8
SAN MATEO, Calif., April 19, 2022 /PRNewswire/ -- IXL, the personalized learning platform used by more than 13 million students, announced the results of a recent research study showing that IXL helps students achieve greater learning gains in math over a 3-year period. SRI International (formerly Stanford Research Institute), an independent, nonprofit research institute, evaluated the study and provided conclusive validation that its design meets the criteria of ESSA Tier 2 and What Works Clearinghouse (WWC) standards.
Following strict ESSA and WWC guidelines, the study analyzed school performance data across 179 Oklahoma public schools where students in grades 3-8 used IXL and 179 comparable schools that did not use IXL. The study used a quasi-experimental pretest-posttest control group to isolate the IXL effect from the influences of other variables known to impact achievement, providing compelling evidence of IXL Math's efficacy. The research revealed the following key findings:
- IXL positively impacted student learning: An additional 4 percent of students in IXL Math schools were proficient on the Oklahoma School Testing Program (OSTP) Math assessment, relative to comparable non-IXL schools.
- IXL provides a long-term boost in student achievement: IXL Math delivers significant benefits for students in schools adopting the platform over a 3-year period.
"Educators and families should feel confident that the technology students use to learn is well-designed, effective and able to withstand independent scrutiny," said Bo Bashkov, Lead Research Scientist at IXL Learning. "SRI's review of our study provides independent, expert validation that IXL aligns with ESSA Tier 2 requirements, increases math scores and supports students on the path to math proficiency."
How IXL helps students succeed in math
IXL Math is designed to meet the needs of any classroom and is proven to accelerate student learning. The platform's interactive skills are highly targeted and adjust to each student's level of understanding. IXL also offers more than 1,100 video tutorials that match IXL skills, providing students with more opportunities to grow, reinforce what they've learned in class or get help if they're stuck.
IXL's adaptive assessment, the Real-Time Diagnostic, pinpoints students' overall grade-level proficiency and their knowledge of six key mathematical strands. The diagnostic then generates an accurate portrait of student knowledge levels and provides action plans with personalized skills to fill learning gaps. In addition, IXL Analytics provides immediate insight into student progress and helps teachers make better instructional decisions in the classroom.
For more information about IXL's research studies, visit https://www.ixl.com/research.
About IXL Learning
Currently used by 13 million students and in all of the top 100 U.S. school districts, IXL is an integrated learning platform that supports personalized learning in math, English language arts, science, social studies and Spanish. With more than 100 billion questions asked and answered around the world, IXL is helping schools and parents successfully boost student achievement. The IXL family of products also includes Rosetta Stone, Wyzant, Education.com, ABCya and Vocabulary.com. To learn more about IXL, visit www.ixl.com, facebook.com/IXL and twitter.com/IXLLearning.
Press Contact
Eric Bates
IXL Learning
press@ixl.com
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| 2022-04-19T12:46:50Z
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#1 Conference for Internal Communications & Employee Experience professionals is coming to London and NYC in May
NEW YORK and LONDON, April 19, 2022 /PRNewswire/ -- Focused on uniting, transforming and inspiring entire workforces through internal communications, Staffbase, a leading provider of employee communications management platforms, will host its annual VOICES 2022 Conference as hybrid events next month in London, England, New York, NY, and virtual for those unable to travel.
Featuring some of the most renowned industry experts discussing all things internal communications and employee experience, VOICES 2022 - The Great Reconnection, will take place May 19, 2022 in London, and May 24-25, 2022 in New York. Attendees at VOICES London will enjoy a keynote session with Jenni Field, Founder and Director of Redefining Comms, as well as learn about crafting great content with Tyler Rose, Internal Communications and Team Engagement, Dishoom. VOICES New York attendees will enjoy hearing from Libby Hardy, Director of Internal Communications at ALDI Inc., Lindsay Theile, Senior Director, Global Internal Communications, Walgreens, Megan Clavelle, Director, Communications & Brand at Ausenco, and Jack Maddock, Group Head of Digital Engagement at Sky. Also speaking will be Wema Hoover, former Google Global Head of DE&I and Tarana Burke, Activist, Author and Founder of The 'me too.' Movement.
"In a world where communications is used to divide people and spread false information, the role of internal communicators has become mission critical for organizations around the globe," said Staffbase CEO and founder Martin Böhringer. "According to the 2022 Edelman Trust Barometer, communications from employers are considered the most trusted source of information. Now is the time to transform the role of the internal communicator into the force behind setting a trusted internal narrative that makes a positive impact on the communications industry. Our VOICES conference will focus on the power of effective internal communications and help guide professionals to bring authenticity to their storytelling."
Taking place May 19th at Tobacco Dock, London, and May 24th-25th at the Metropolitan Pavilion in New York, session topics for each conference include:
- Authenticity: Why Communication Must be More Than Just Performative
- A Seat at the Table: The Transformation of Internal Communicators
- Employee Engagement in Times of Change
- View from the C-Suite: The Growing Importance of Being a Communicative Leader
- Transformation Through Storytelling
- Crafting Content: Tales from the Industry
- Been There Done That: Recipes for Successful Comms Channel Adoption
- The Power of Comms Compels You: The Role of Reconnection in Creating a Movement
Event agendas, speaker lists, and registration for VOICES London and New York are available here: https://voices.staffbase.com/
About VOICES
VOICES first launched in 2019 and is now the #1 conference for internal communications and employee experience. This thought-provoking, insightful and educational event leaves attendees feeling invigorated, inspired, motivated and up-to-date with the most relevant internal communications trends and best practices. VOICES 2022 is set to change the future of internal communications via three events in all (Berlin, London, and New York) for its estimated 1,700 registered attendees from around the world.
About Staffbase
Staffbase is a high-growth, deeply experienced provider of employee communications management platforms for enterprise companies. The mobile compatibility of the company's platform allows employers to securely reach their employees everywhere with reduced complexity — whether in the office, at home, on the factory floor, or on the road. Staffbase solutions give employees greater access to the corporate information that's relevant to them, along with tools for the modern digital workplace, including existing intranets. With headquarters in Chemnitz, Germany, and offices in Amsterdam, Berlin, Calgary, Cologne, Dresden, Helsinki, Kelowna, London, Melbourne, Montreal, Munich, New York City, and Vancouver, Staffbase provides branded solutions for more than 2,000 leading companies worldwide who are transforming their employee communications, including Adidas, Audi, Paulaner, Spark Power, UC Health, US LBM, and Vestas. Staffbase has received the 2021 Global Employee App Choice Award and 2022 Choice Award for Intranet and Employee Experience Platforms from ClearBox Consulting.
Please visit staffbase.com for more information.
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| 2022-04-19T12:46:57Z
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Host of "The Late Show with Stephen Colbert" Not Chosen As Winner
SEATTLE, April 19, 2022 /PRNewswire/ -- To celebrate its diamond anniversary, the Space Needle's sloped roof will be painted its original color this week. Marking 60 years of memories for more than 60 million visitors from around the world, the Space Needle is offering a once-in-a-lifetime memory for lucky grand prize winners to put on a harness, grab a roller, and help paint the roof nearly 600 feet above Seattle. With thousands of submissions, five grand prize winners were selected after writing about their favorite Space Needle memory. Unfortunately, late-night host Stephen Colbert was not selected as one of the five grand prize winners.
"Stephen, we're sorry you didn't win, but we have a harness with your name on it if you happen to be in Seattle," said Ron Sevart, President & CEO at the Space Needle. "Or you can just swing by and visit! Our new rotating glass floor and open-air glass Skyrisers can be just as thrilling; no harness needed, just a ticket."
On Tuesday, April 12, 2022 on "The Late Show with Stephen Colbert" the host mentioned the Space Needle's anniversary contest during a segment on the program stating:
"In Seattle, the iconic Space Needle is turning 60 and is holding a contest to commemorate it. The winners will get to help repaint the Space Needle roof. Or, you could not enter, and win an even more exciting prize: not painting the Space Needle's roof."
The Space Needle is officially announcing that Stephen Colbert was not selected as a winner and therefore does not need to come to Seattle to paint the roof iconic in Galaxy Gold.
"Well, Stephen definitely would have had better chances of winning if he had actually entered the contest," said Karen Olson, Chief Operating Officer and Chief Marketing Officer at the Space Needle. "But we understand that the rigors of being a late-night host would take up a lot of your time."
The 60 winners of the Celebrating 60 Contest, including the five grand prize winners selected to help paint the sloped roof, are being contacted this week. Painting the roof of the Space Needle in Galaxy Gold is scheduled for Thursday, April 21 (weather dependent), kicking off a year-long celebration commemorating 60 years since the space-age Century 21 Exposition.
About the Space Needle
Built as the centerpiece and inspiration for the 1962 Seattle World's Fair, the Space Needle has since become a part of the Seattle experience and the globally-recognized icon for the city. The Space Needle's recent $100 million renovation added more than 176 tons of glass to the structure offering unparalleled views of Seattle, and houses The Loupe — the world's first revolving glass floor. Open year-round, the Space Needle hosts more than a million visitors per year. For more information visit: spaceneedle.com/press.
Contact:
Maren McKay, Public Relations
Desk: (206) 905-2184
Cell: (617) 470-8118
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| 2022-04-19T12:47:04Z
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WOBURN, Mass., April 19, 2022 /PRNewswire/ -- Triverus Consulting has announced that Skye Welch will be joining Triverus as Director, Client Success, effective April 18, 2022.
Triverus, an IT Consulting firm focused on helping clients transform their information into business value, has experienced accelerated growth that has increased its Community by 40% over the past twelve months.
Skye brings more than a decade of experience with delivery excellence, consulting operations, technology and product management experience. She bridges the gap between business, technology, and operations focused on achieving goals and empowering teams to deliver.
Prior to joining Triverus, Skye was the Senior Product Manager at Jobcase. Her ability to lead others through change while defining scalable processes will help Triverus evolve our Client Success Teams and Framework to support Triverus' continued growth. Skye will play a pivotal role contributing to the processes, roles and responsibilities designed to enable our team-focused approach to client success.
Triverus Consulting is a Boston based, Woman Business Enterprise (WBE), full-time employee, technology consulting firm that provides Technology Solutions, Information Asset Management and Agile Enablement Services from roadmap through execution with a focus on Life Sciences and Public Sector.
Triverus helps clients realize their business objectives by providing information technology expertise and services, based on proven approaches and by leveraging accelerators.
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| 2022-04-19T12:47:13Z
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HOUSTON, April 19, 2022 /PRNewswire/ -- Old Texas rice fields soon will be harvesting something new as a $145 million clean energy project nears completion thanks to a sizable final investment.
Twain Financial Partners has closed on $42 million in financing to complete the Longbow Solar project, a massive ground-mounted solar photovoltaic (PV) energy system in Brazoria County, Texas, just southwest of Houston.
Twain's $42 million commitment, its largest solar loan to date, is part of its recent commitment to finance $1 billion worth of new renewable projects over the next three years.
"Renewable energy investment is a fast-growing segment of our business, and the Longbow project helps highlight our capabilities in that space," said Michael Park, who recently joined Twain as its Director of Renewable Energy. "I fully anticipate Twain will announce funding commitments for a number of similar projects in the coming months."
The Longbow Solar project is being co-developed by Clean Capital Partners and Aspen Creek. The project, which is on schedule to be placed into service by August 2022, will be a big win for Brazoria County residents and businesses. A power purchase agreement will allow for the sale of most of the generated power to a distributing company at a price that is less than one-third of the current market rates for Texas residential electricity customers.
ABOUT TWAIN FINANCIAL PARTNERS
Twain Financial Partners is a full-service specialty finance firm with $4 billion in assets under management providing a full range of capital needs to real estate and renewable energy developments throughout the United States. Founded in 2013, the firm is based in St Louis, Missouri, and maintains offices across the country. https://twainfinancial.com/
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| 2022-04-19T12:47:20Z
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Sokenu succeeds Gerry Kenney, who is retiring from Unisys
BLUE BELL, Pa., April 19, 2022 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced the appointment of Claudius O. Sokenu as senior vice president, general counsel and secretary. He will lead Unisys' global legal, corporate secretary and ethics and compliance functions. He will report to Unisys Chair and Chief Executive Officer Peter Altabef. His appointment is effective May 2.
Sokenu joins Unisys from Cognizant, a Fortune 200 information technology company, where he served as senior vice president, global deputy general counsel and chief of staff to the general counsel. Prior to joining Cognizant, Sokenu served as deputy general counsel, global head of ethics and compliance and global head of litigation and investigations at Andeavor, a then-Fortune 100 energy company. Previously, he was a partner with three Am Law 100 law firms: Shearman & Sterling, Arnold & Porter and Mayer Brown. Earlier in his career, Sokenu served in the Honors Program at the United States Securities and Exchange Commission's Division of Enforcement, first as a staff attorney before concluding his government service as senior counsel. He is a fellow with the American College of Governance Counsel.
Sokenu earned an LL.M in securities and financial regulation from Georgetown University Law Center, where he has also taught classes as an adjunct professor, an LL.M in corporate and commercial law from the University of London's London School of Economics and King's College London and an LL.B with Upper Class Honors from London South Bank University.
He succeeds Gerry Kenney, 70, who is retiring from Unisys effective April 30 after nearly nine years with the company.
"Claudius brings significant in-house, private practice and government legal experience to Unisys. Beyond his legal experience, Claudius possesses both the personal skills and gravitas that have been hallmarks of our general counsel, and I am excited to welcome him to the company," said Altabef. "I would also like to thank Gerry for his many years of exceptional service to Unisys. Gerry has been masterful at forging and maintaining a strong sense of partnership with our businesses and leaders. I will miss both his wise counsel and good humor."
About Unisys
Unisys is a technology solutions company that delivers successful outcomes for the most demanding organizations around the world. Unisys offerings include digital workplace solutions, cloud and infrastructure solutions, enterprise computing solutions and business process solutions. For more information on how Unisys delivers for its clients across the commercial, financial services and government sectors, visit www.unisys.com.
Follow Unisys on Twitter and LinkedIn.
Release No.: 0419/9869
Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.
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| 2022-04-19T12:47:30Z
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CALGARY, AB, April 19, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) announces its intention to issue up to US$400 million aggregate principal amount of 8 year senior unsecured notes (the "New Notes") in a private offering to qualified institutional buyers (the "Offering"), subject to market and other conditions. The company intends to use the net proceeds from the New Notes to reduce the amount outstanding on our credit facility. Contingent upon the completion of the Offering, it is our intention to reduce the size of our credit facility from $2.1 billion to $1.6 billion. The completion of the Offering is not subject to the reduction of the size of the credit facility.
The New Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act") or applicable state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. The New Notes have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the New Notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. Pursuant to the terms of the offering, the New Notes will be offered and sold only on a prospectus-exempt basis to institutional "accredited investors" in certain provinces in Canada and, in the United States, will be offered and sold only to "qualified institutional investors" in reliance on Rule 144A under the U.S. Securities Act and to certain non-U.S. persons in transactions outside the United States in reliance on Regulation S under the U.S. Securities Act.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security in any jurisdiction and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering, solicitation or sale would be unlawful.
Certain statements in this press release constitute "forward-looking information" within the meaning of applicable securities laws. Such forward-looking information includes statements regarding the size and terms of the Offering, the use of proceeds therefrom, and the renewal and reduction of Vermilion's credit facility. Vermilion believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
The forward-looking statements contained herein are based upon certain assumptions and factors including, without limitation, current and future economic and financial conditions and expected future developments. Vermilion believes such assumptions and factors are reasonably accurate at the time of preparing this press release. However, forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. Such forward-looking statements necessarily involve known and unknown risks and uncertainties and other factors, which may cause actual results and circumstances to differ materially from any projections of future events or results expressed or implied by such forward looking statements. Such factors include, but are not limited to, risks associated with: closing of the Offering; failure to obtain any necessary consents and approvals required to complete the Offering and/or renew and reduce the Company's credit facility in the manner described herein or at all; and general economic, market and business conditions; and other factors, many of which are beyond the control of Vermilion. There is a specific risk that Vermilion may be unable to complete the Offering. If Vermilion is unable to complete the Offering, there could be a material adverse impact on Vermilion and on the value of its securities. See also the risks and uncertainties described under "Special Note Regarding Forward-Looking Information" and "Risk Factors" included in Vermilion's Annual Information Form dated March 4, 2022 filed under the Company's issuer profile on SEDAR (www.SEDAR.com).
Any forward-looking statements are made as of the date hereof and Vermilion does not undertake any obligation, except as required under applicable law, to publicly update or revise such statements to reflect new information, subsequent or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Employees and directors hold approximately 5% of our outstanding shares and are committed to delivering long-term value for all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
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| 2022-04-19T12:47:37Z
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CALGARY, AB, April 19, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to provide a financial and operational update for Q1 2022.
Q1 2022 Highlights
- Production of approximately 86,200 boe/d exceeded the upper end of our initial 2022 guidance of 83,000 – 85,000 boe/d
- Strong commodity prices during the quarter, including premium European gas, resulted in an estimated operating netback(1) of $59.72/boe, including the impact from hedging
- Fund flows from operations(2) are estimated to be $380 to $390 million (cash flows from operating activities estimated to be $330 to $340 million), including the impact from hedging
- Estimated exploration and development ("E&D") capital expenditures(3) of $85 million (cash flow used in investing activities totaled $110 million), resulting in approximately $295 to $305 million of free cash flow ("FCF")(4)
- We successfully executed our Q1 2022 drilling program in Canada and Germany and recently commenced drilling in the United States while we continue final preparations for the Q2 2022 Australia drilling program
- Net debt(5) decreased $280 million from year-end 2021 to $1.365 billion (long-term debt of $1.381 billion) at the end of Q1 2022, reflecting a net debt to trailing FFO ratio of approximately 1.2 times(5)
- We have received capital commitments from our banking syndicate to support an extension of our covenant-based credit facility to May 2026 at our targeted capacity level of $1.6 billion (reduced from current $2.1 billion)
- On March 28, 2022 we announced the acquisition of Leucrotta Exploration Inc. and upwardly revised 2022 annual production guidance to 86,000 – 88,000 boe/d while increasing the E&D capital budget to $500 million (both figures exclude the impact from the Corrib acquisition which is expected to close the second half of 2022). The revised guidance incorporates the Leucrotta acquisition and strong Q1 2022 production
We are off to a strong start in 2022 and remain on track to achieve our $1.2 billion debt target in 2H 2022 inclusive of funding the Corrib and Leucrotta acquisitions. With our strong free cash flow generation and continued debt reduction, we are well positioned to increase the return of capital to our shareholders. We look forward to providing a full Q1 2022 update when we release our results on May 11, 2022, which is also the date for our 2022 Annual General Meeting. We continue to focus on closing procedures for the pending Corrib acquisition, integration of the pending Leucrotta acquisition, and execution of our capital program. We expect the Corrib acquisition to close in the second half of 2022 and the Leucrotta acquisition to close in the second half of May 2022.
_________________________________
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Employees and directors hold approximately 5% of our outstanding shares and are committed to delivering long-term value for all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
Set forth above are certain estimated preliminary unaudited financial results and other data for the three months ended March 31, 2022 and the corresponding period of the prior fiscal year. Our unaudited interim consolidated financial statements for the three months ended March 31, 2022 are not yet available. These ranges are based on the information available to us as of this date. Our actual results may vary from the estimated preliminary results presented above due to the completion of our financial closing and other operational procedures, final adjustments, and other developments that may arise between now and the time the financial results for the three months ended March 31, 2022 are finalized.
These estimates should not be viewed as a substitute for our full interim or annual financial statements prepared in accordance with IFRS. Accordingly, you should not place undue reliance on this preliminary data.
The preliminary financial results for the three months ended March 31, 2022 have been prepared by, and are the responsibility of, management. Our independent registered public accounting firm, Deloitte LLP, has not audited, reviewed, compiled or performed any procedures with respect to the preliminary financial results. Accordingly, Deloitte LLP does not express an opinion or any other form of assurance with respect thereto.
Certain statements included or incorporated by reference in this document may constitute forward-looking statements or financial outlooks under applicable securities legislation. Such forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", or similar words suggesting future outcomes or statements regarding an outlook. Forward looking statements or information in this document may include, but are not limited to: capital expenditures and Vermilion's ability to fund such expenditures; Vermilion's additional debt capacity providing it with additional working capital; the flexibility of Vermilion's capital program and operations; business strategies and objectives; operational and financial performance; estimated volumes of reserves and resources; petroleum and natural gas sales; future production levels and the timing thereof, including Vermilion's 2022 guidance, and rates of average annual production growth; the effect of changes in crude oil and natural gas prices, changes in exchange rates and significant declines in production or sales volumes due to unforeseen circumstances; the effect of possible changes in critical accounting estimates; statements regarding the growth and size of Vermilion's future project inventory, and the wells expected to be drilled in 2022; exploration and development plans and the timing thereof; Vermilion's ability to reduce its debt, including its ability to redeem senior unsecured notes prior to maturity; statements regarding Vermilion's hedging program, its plans to add to its hedging positions, and the anticipated impact of Vermilion's hedging program on project economics and free cash flows; the potential financial impact of climate-related risks; acquisition and disposition plans and the timing thereof; operating and other expenses, including the payment and amount of future dividends; royalty and income tax rates and Vermilion's expectations regarding future taxes and taxability; and the timing of regulatory proceedings and approvals.
Such forward-looking statements or information are based on a number of assumptions, all or any of which may prove to be incorrect. In addition to any other assumptions identified in this document, assumptions have been made regarding, among other things: the ability of Vermilion to obtain equipment, services and supplies in a timely manner to carry out its activities in Canada and internationally; the ability of Vermilion to market crude oil, natural gas liquids, and natural gas successfully to current and new customers; the timing and costs of pipeline and storage facility construction and expansion and the ability to secure adequate product transportation; the timely receipt of required regulatory approvals; the ability of Vermilion to obtain financing on acceptable terms; foreign currency exchange rates and interest rates; future crude oil, natural gas liquids, and natural gas prices; and management's expectations relating to the timing and results of exploration and development activities.
Although Vermilion believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Vermilion can give no assurance that such expectations will prove to be correct. Financial outlooks are provided for the purpose of understanding Vermilion's financial position and business objectives, and the information may not be appropriate for other purposes. Forward-looking statements or information are based on current expectations, estimates, and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Vermilion and described in the forward-looking statements or information. These risks and uncertainties include, but are not limited to: the ability of management to execute its business plan; the risks of the oil and gas industry, both domestically and internationally, such as operational risks in exploring for, developing and producing crude oil, natural gas liquids, and natural gas; risks and uncertainties involving geology of crude oil, natural gas liquids, and natural gas deposits; risks inherent in Vermilion's marketing operations, including credit risk; the uncertainty of reserves estimates and reserves life and estimates of resources and associated expenditures; the uncertainty of estimates and projections relating to production and associated expenditures; potential delays or changes in plans with respect to exploration or development projects; Vermilion's ability to enter into or renew leases on acceptable terms; fluctuations in crude oil, natural gas liquids, and natural gas prices, foreign currency exchange rates and interest rates; health, safety, and environmental risks; uncertainties as to the availability and cost of financing; the ability of Vermilion to add production and reserves through exploration and development activities; the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; uncertainty in amounts and timing of royalty payments; risks associated with existing and potential future law suits and regulatory actions against Vermilion; and other risks and uncertainties described elsewhere in this document or in Vermilion's other filings with Canadian securities regulatory authorities.
The forward-looking statements or information contained in this document are made as of the date hereof and Vermilion undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events, or otherwise, unless required by applicable securities laws.
All crude oil and natural gas reserve and resource information contained in this document has been prepared and presented in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook. Reserves estimates have been made assuming that development of each property in respect of which the estimate is made will occur, without regard to the likely availability of funding required for such development. The actual crude oil and natural gas reserves and future production will be greater than or less than the estimates provided in this document.
Natural gas volumes have been converted on the basis of six thousand cubic feet of natural gas to one barrel of oil equivalent. Barrels of oil equivalent (boe) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet to one barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Financial data contained within this document are reported in Canadian dollars unless otherwise stated.
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| 2022-04-19T12:47:44Z
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Beginners to expert sellers can build and manage an online store with Web.com all-in-one platform
JACKSONVILLE, Fla., April 19, 2022 /PRNewswire/ -- Web.com, the one-stop website solutions provider, today announced the launch of its new eCommerce platform that simplifies online store building and management with robust features like drag-and-drop website builder, marketplace manager, social media selling and end-to-end fulfillment.
Web.com's new eCommerce solutions offer one place to manage all the day-to-day tasks of running an online business paired with advanced eCommerce software for online sellers' growing needs. In a single platform, customers can quickly build an online store with an intuitive drag-and-drop website builder and sell across the top marketplaces and social platforms. From fulfillment to reporting and restocking, Web.com has simplified the eCommerce process to save customers time, so they can focus on growing the business.
"For a small business looking to launch an online store, the process can be overwhelming with so many technologies involved and nowhere to go for help and guidance. Web.com's new eCommerce solution makes it easy to get an online store up and running in one place quickly so small businesses can start taking orders from customers," said Ed Jay, President of Newfold Digital, parent company of Web.com. "Online sellers can quickly launch with Web.com's intuitive drag-and-drop builder, easily start their online store and begin attracting online customers. Once live, online sellers can leverage the platform's powerful integrations like the online marketplace manager to reach more customers on other platforms and appointment bookings for service-based businesses."
Web.com's eCommerce platform includes features for online sellers to reach customers through social media and popular marketplaces like Amazon, eBay, Etsy and more. Online sellers can quickly list products and update product listings from inside the platform without having to log into each platform. Through the platform's automated inventory sync technology, product quantities and prices will be seamlessly updated everywhere merchants sell without lifting a finger. For those who would like the assistance of a team of professionals, Web.com's leading Professional Services offering can help build an online presence and store for customers. In combination with its leading SEO products, Web.com not only helps small business launch their online businesses but also helps them bring customers to their site.
Web.com's eCommerce platform offers the functionality online sellers across a variety of industries need to start and grow their online business, helping across areas of products, services and appointments.
"Our new eCommerce platform is backed by an expert support team that is available for customer questions via chat, phone, and email support," said Ed Jay. "We know not every small business has experience building an online store and we're making it easy for them by including in every package a one-hour professional design consultation, so customers can launch with confidence."
More information on Web.com's eCommerce solutions, including product features and package details, is available at Web.com.
About Web.com:
Web.com is a one-stop web solutions provider helping customers reach their online and commerce goals. In a connected world, Web.com's mission is to be a one-stop-shop for consumers providing extensive product offerings and customized support. Web.com serves businesses of all sizes with an easy-to-use, eCommerce platform, website builder, and professional services team to help customers build a digital presence that delivers results. Learn more at www.web.com.
About Newfold Digital:
Newfold Digital is a leading web and commerce technology company serving nearly 7 million customers globally. Established in 2021 through the combination of leading web services providers Endurance Web Presence and Web.com Group, our portfolio of brands includes: Bluehost, CrazyDomains, HostGator, Network Solutions, Register.com, Web.com, Yoast and many others. We help customers of all sizes build a digital presence that delivers results. With our extensive product offerings and personalized support, we take pride in collaborating with our customers to serve their online presence needs. Learn more about Newfold Digital at Newfold.com.
Media Contacts:
Nicole Cassis
corporatecommunications@newfold.com
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| 2022-04-19T12:47:53Z
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Avian flu taking toll on birds of prey
MINNEAPOLIS (WCCO) - Avian flu is taking a devastating toll on birds of prey in Minnesota, including on bald eagles, red-tailed hawks and great horned owls.
The Raptor Center at the University of Minnesota has reported 23 cases of bird flu in the last three weeks.
Great horned owls are a special sight at Lake Nokomis in Minneapolis, if you’re lucky enough to see them.
But the community is mourning the loss of a beloved family of owls that lived in a tree near the lake. The owls died from bird flu or had to be put down because they were too sick.
“The word I would use is devastating. These birds are coming in having incredible seizures, unable to stand. They’re vocalizing. They’re kind of in end stages of this virus,” said Dr. Victoria Hall, executive director of the Raptor Center.
The center has set up a new triage and quarantine center to take care of sick birds.
Bird flu has killed millions of domestic poultry but is also having a major impact on wild birds like owls, eagles and hawks.
“We have not seen this much transmission to raptors before in a highly pathogenic avian influenza outbreak, so this is pretty concerning,” Hall said.
Ninety to 100% of the raptors testing positive at the Raptor Center have not survived, and some organizations are not able to take sick birds.
The Wildlife Rehabilitation Center of Minnesota announced they are not currently admitting susceptible species for treatment.
The virus is extremely contagious to other birds.
Hall said historically the problem tends to get better in the early summer months. A cool, wet environment like the type of spring Minnesota is having can prolong how long the virus can survive.
State officials have established a hotline for reporting sick birds.
Copyright 2022 WCCO via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/19/avian-flu-taking-toll-birds-prey/
| 2022-04-19T12:51:00Z
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Judge: Georgia voters can challenge Rep. Marjorie Taylor Greene’s reelection run
ATLANTA (AP) — A federal judge on Monday ruled that a group of Georgia voters can proceed with legal efforts seeking to disqualify U.S Rep Marjorie Taylor Greene from running for reelection to Congress, citing her role in the deadly attack on the U.S. Capitol.
The challenge filed last month with the Georgia secretary of state’s office alleges that Greene, a Republican, helped facilitate the Jan. 6, 2021, riot that disrupted Congress from certifying Joe Biden’s presidential election victory. That violates a rarely cited provision of the 14th Amendment and makes her ineligible to run for reelection, according to the challenge.
The amendment says no one can serve in Congress “who, having previously taken an oath, as a member of Congress . . . to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same.” Ratified shortly after the Civil War, it was meant in part to keep representatives who had fought for the Confederacy from returning to Congress.
Greene, 47, filed a lawsuit earlier this month asking a judge to declare that the law that the voters are using to challenge her eligibility is itself unconstitutional and to prohibit state officials from enforcing it.
Judge Amy Totenberg, in a 73-page ruling, denied Greene’s request for a preliminary injunction and temporary restraining order.
Totenberg, who was appointed to the U.S. District Court for the Northern District of Georgia by President Barack Obama, wrote that Greene had failed to meet the “burden of persuasion” in her request for injunctive relief.
Georgia law says any voter who is eligible to vote for a candidate may challenge that candidate’s qualifications by filing a written complaint within two weeks after the deadline for qualifying. The secretary of state must then notify the candidate of the challenge and request a hearing before an administrative law judge. After holding a hearing, the administrative law judge presents findings to the secretary of state, who then must determine whether the candidate is qualified.
Free Speech for People, a national election and campaign finance reform group, filed the challenge March 24 on behalf of the group of voters.
Greene said in her lawsuit that she “vigorously denies that she ‘aided and engaged in insurrection to obstruct the peaceful transfer of presidential power.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/judge-georgia-voters-can-challenge-rep-marjorie-taylor-greenes-reelection-run/
| 2022-04-19T12:51:12Z
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Moderna announces step toward updating COVID shots for fall
(AP) - Moderna hopes to offer updated COVID-19 boosters in the fall that combine its original vaccine with protection against the omicron variant. On Tuesday, it reported a preliminary hint that such an approach might work.
Today’s COVID-19 vaccines all are based on the original version of the coronavirus. But the virus continues to mutate, with the super-contagious omicron variant — and its siblings — the latest threat.
Before omicron came along, Moderna was studying a combination shot that added protection against an earlier variant named beta. Tuesday, the company said people given that beta-original vaccine combination produced more antibodies capable of fighting several variants — including omicron — than today’s regular booster triggers.
While the antibody increase was modest, Moderna’s goal is to produce a combination shot that specifically targets omicron. “These results really give us hope” that next step will work even better, said Dr. Jacqueline Miller, a Moderna vice president.
Tuesday’s data was reported online and hasn’t been vetted by independent experts.
COVID-19 vaccines still are providing strong protection against severe disease, hospitalization and death, even against omicron. That variant is so different from the original coronavirus that it more easily slips past the immune system’s defenses, although studies in the U.S. and elsewhere show an original booster dose strengthens protection. Some countries offer particularly vulnerable people a second booster; in the U.S., that’s anyone 50 or older or those with a severely weakened immune system.
Health officials have made clear that giving boosters every few months isn’t the answer to the mutating virus. They’ve begun deliberating how to decide if and when to change the vaccine recipe.
Just switching to a vaccine that targets the latest variant is risky because the virus could mutate again. So Moderna and its rival Pfizer both are testing what scientists call “bivalent” shots — a mix of each company’s original vaccine and an omicron-targeted version.
Why would Moderna’s earlier, beta-targeted combo shot have any effect on omicron? It includes four mutations that both the beta variant and the newer omicron have in common, Miller said.
Now Moderna is testing a bivalent shot that better targets omicron — it includes 32 of that variant’s mutations. Studies of two booster doses are underway in the U.S. and Britain; results are expected by late June.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/moderna-announces-step-toward-updating-covid-shots-fall/
| 2022-04-19T12:51:19Z
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Winter-like today; major warm up is on the way
Temperatures will be in the 30s and 40s today but in the 70 and 80s by the end of the week
It is a blustery morning out there with temperatures in the 20s and 30s and gusty winds at times. Scattered snow showers are falling as well and will continue throughout the morning hours. They should begin to fizzle out as we head into the afternoon hours. Eventually, temperatures will get into the 40s this afternoon, but gusty winds out of the northwest will make it feel like we are in the 30s all day long.
Winter Weather Advisories are still in effect until 2 pm for western Greenbrier and Pocahontas counties where another few inches of snow is possible. Everywhere else could pick up a coating of snow by the time it’s all set and done.
We will be dry tonight with mainly clear skies but it will be another cold one. Temperatures will dip down into the 20s and 30s once again.
More seasonable temperatures are in store for the middle of the week as highs top off in the 60s and even the 70s for some on Thursday. We will stay dry with a mix of sun and clouds on Wednesday but a weak cold front may provide enough moisture for a few isolated showers on Thursday.
We will see a mix of sun and clouds as we wrap up the work week and into the weekend and temperatures will soar into the 70s and even the 80s. 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/2022/04/19/winter-like-today-major-warm-up-is-way/
| 2022-04-19T12:51:26Z
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Cheers and fears as US ends mask mandates for travel
ST. PETERSBURG, Fla. (AP) — A federal judge’s decision to strike down a national mask mandate was met with cheers on some airplanes but also concern about whether it’s really time to end one of the most visible vestiges of the COVID-19 pandemic.
The major airlines and many of the busiest airports rushed to drop their requirements on Monday after the Transportation Security Administration announced it wouldn’t enforce a January 2021 security directive that applied to airplanes, airports, taxis and other mass transit.
But the ruling still gave those entities the option to keep their mask rules in place, resulting in directives that could vary from city to city.
Passengers on an United Airlines flight from Houston to New York, for instance, could ditch their masks at their departing airport and on the plane, but have to put them back on once they land at Kennedy Airport or take a subway.
A video showed some passengers on a Delta Air Lines flight cheering and applauding as they took off their masks upon hearing an announcement that they were now optional. One man could be seen happily twirling his mask on his finger.
In a 59-page lawsuit ruling, U.S. District Judge Kathryn Kimball Mizelle in Tampa said the U.S. Centers for Disease Control and Prevention overstepped its authority in issuing the original health order on which the TSA directive was based. She also said the order was fatally flawed because the CDC didn’t follow proper rulemaking procedures.
Mizelle, an appointee of former President Donald Trump, said the only remedy was to throw out the mandate for the entire country because it would be impossible to end it only for the people who objected in the lawsuit.
The White House said the mask order “is not in effect at this time” and called the court decision disappointing.
The Justice Department declined to comment on whether it would seek an emergency stay to block the judge’s order. The CDC also declined to comment.
United Airlines, Delta Air Lines and Alaska Airlines all quickly announced they were yanking the mask requirement for domestic and some international flights. So did American Airlines, Southwest Airlines and JetBlue Airways.
Sleepy passengers on a Delta flight between Atlanta and Barcelona, Spain, cheered, whistled and applauded when a flight attendant announced the news mid-flight over the ocean.
“No one’s any happier than we are,” the attendant says in a video posted by Dillon Thomas, a CBS Denver reporter, who was on the flight. She added that people who wanted to keep on their masks were encouraged to do so.
“But we’re ready to give ém up,” she added. “So thank you and happy unmasking day!”
Major airports dropped their requirements but sided with the CDC in recommending that people be voluntarily masked. They included Los Angeles International Airport, the world’s fifth-busiest by passenger volume, and Salt Lake City International Airport, which announced it would hand out masks to anyone requesting them.
New York City’s public transit system planned to keep its mask requirement in place. The Washington Metropolitan Area Transit Authority said it would make masks optional for riders on its buses and trains.
As of Monday evening, the website of ride sharing company Lyft still said masks were required. In an email to customers Tuesday morning, Uber said masks were recommended but no longer required.
The CDC had recently extended the mask mandate, which was set to expire Monday, until May 3 to allow more time to study the BA.2 omicron subvariant of the coronavirus now responsible for the vast majority of cases in the U.S. But the court ruling puts that decision on hold.
Since the pandemic began two years ago, many state or local governments had issued various orders requiring masks to be worn inside schools, restaurants, stores or elsewhere. The rules were largely rolled back as the deadliest, most infectious months of the pandemic eased.
But the national rule for travelers remained and was arguably the most widespread, visible and irksome measure of its kind.
The wearing of masks aboard airplanes sparked online flame throwing between those who felt they were crucial to protecting people and those who saw it as an unnecessary inconvenience or even government overkill.
Some flight attendants found themselves cursed and even attacked by passengers who refused to comply.
The lawsuit was filed in July 2021 by two plaintiffs and the Health Freedom Defense Fund, described in the judge’s order as a nonprofit group that “opposes laws and regulations that force individuals to submit to the administration of medical products, procedures and devices against their will.”
Republicans in Congress waged a running battle to kill the mandate.
Florida Gov. Ron DeSantis, who was not directly involved in the case but has battled against many government coronavirus requirements, praised the ruling.
“Both airline employees and passengers deserve to have this misery end,” DeSantis tweeted.
___
Associated Press writers David Koenig in Dallas, Michael Balsamo and Will Weissert in Washington, and Karen Matthews in New York contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/cheers-fear-judge-strikes-down-us-transit-mask-mandate/
| 2022-04-19T14:22:15Z
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Florida man recovering after being mauled by two tigers
COLLIER COUNTY, Fla. (WBBH) - A Florida man is recovering after being mauled by two tigers at an Everglades airboat tour company last month.
The victim was a mechanic with the company, but he was not supposed to have any close contact with Daisy, an 18-year-old Siberian tiger, and Duruba, a 15-year-old Bengal tiger.
Their caretaker had just finished feeding them when Ignacio Meabe saw a piece of chicken left sitting in their cage.
He says he “got down on the ground” to throw the tigers the chicken.
Daisy bit his left hand after he pet her head. Meabe tried using his right hand to beat her away, but that is when Duruba clenched on.
Meabe was asked why he did it even though he was not supposed to be around the tigers.
“I’m just crazy. I don’t know what happened,” he said.
The “crazy” idea led to catastrophic wounds.
He remembers looking at his arms before his memory went dark.
“My bone. I couldn’t move my hand,” Meabe said. “The rest of the day, I don’t remember.”
Getting close to a big cat is a bad idea.
“It’s just asking for trouble to get into a cage with one of them,” said “Tiger King” star Carole Baskin.
Baskin says she has been following Meabe’s story.
“It’s wrong on so many levels,” she said. “For someone to feel so comfortable walking in and touching a tiger, tells you that all of that education around zoos has not worked.”
Last December, a cleaner at Naples Zoo was attacked after he tried to feed a tiger there. The tiger died after being shot by deputies.
After a weeks-long stay in the hospital, Meabe is home.
He is still recovering but has full motion of both arms. His worst injury was losing the tip of his middle finger.
“Doctors say everything is good,” Meabe said.
Meabe wants everyone to know that no one asked him to go in the cage. He did that on his own.
Copyright 2022 WBBH via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/19/florida-man-recovering-after-being-mauled-by-two-tigers/
| 2022-04-19T14:22:22Z
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Gay couple says man screamed at them and their children on train trip
SAN FRANCISCO (KGO) - A couple is speaking out after a verbal attack on a train.
The couple said not only were they attacked for being a couple, the man also screamed at their children.
What was supposed to be a fun family trip turned into a nightmare last Tuesday afternoon for Robbie Pierce, his husband Neal Broverman and their children.
The couple was hours into an Amtrak train journey from Los Angeles to the Bay Area when suddenly another passenger came up to the couple and began screaming at their children.
“The first thing he said was, ‘Remember what I told you. Marriage is between a man and a woman, and these people stole you. They’re not your parents, they’re pedophiles,’” Pierce said.
The couple said they were both shocked and horrified.
Broverman said he immediately jumped up to separate the raging man from his kids.
“When you’re a parent and your family or kids feel threatened, or you feel that they’re threatened, you become kind of fearless,” he said.
Unaware if the man had some type of weapon, Pierce said he took his children to a different train car. The kids, he said, were visibly shaken.
“They were both just sobbing, just tears all down their faces, and my son was kind of just frozen. My daughter was yelling, ‘Why is this happening?’” Pierce said.
When the train stopped in San Jose, Amtrak employees told the unidentified man that he had to leave.
It was a request he refused, until Santa Clara County sheriff’s deputies were called in for backup.
“He had been yelling, ‘I’ll die before I get off this train. You’ll have to kill me to get me out of here,’” Pierce said.
The couple said while this isn’t the first time they’ve experienced discrimination in public, this instance was the most extreme.
“These children have already had so much trauma. Like, they’ve been through the foster system,” Pierce said.
Despite the attack, the couple said they’re determined to keep living their lives as normal, speaking out for those who can’t always speak out for themselves.
“They want us to be afraid. And so, as scary as it is, we can’t let that win. We’re just not going to let them drive us out of the public discourse,” Pierce said.
Copyright 2022 KGO via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/19/gay-couple-says-man-screamed-them-their-children-train-trip/
| 2022-04-19T14:22:28Z
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Man notifies store owner of gas price mix-up after filling tank for under $6
CHATTANOOGA, Tenn. (WRCB) - The pain at the pump continues as the national average for a gallon of gas soars to more than $4.
One Tennessee customer got his gas at a huge discount, filling up his tank for just $5.64, due to a mistake at the pump on Friday at a gas station in Chattanooga.
“One of the pumps I stopped and got premium for my wife’s car. I wasn’t even really looking at the price because I didn’t want to,” Henry DeHart said. “And I went to hang it back up and I realized I had pumped 12 gallons and it only charged me $5.”
DeHart said that was the moment he realized there was a mistake at the pump. He went to tell the owner right away, so he didn’t lose even more money in sales that day.
“Once I showed him on my phone and he printed the receipt, you could see the color just drain out of his face. He was obviously pretty upset,” he said.
DeHart said he knows from being a small business owner himself, that it’s hard to make up for days when a simple mistake like this one is made.
The owner said one to two hours of this can cost him $2,000.
“I was hoping that people would kind of recognize, this is a small business owner,” DeHart said. “I own a small business, every little thing impacts your bottom line,” DeHart said. “And yeah, he might have made a mistake, but to go five or six hours without knowing, that’s huge.”
After DeHart spoke to the owner, he could tell he was devastated because it was a busy day at the pumps.
“At 45 cents a gallon that barely covers the federal and state gas tax, so he was basically giving fuel away for free, and it took a little while for somebody to stop and tell him,” he said.
DeHart took to Facebook and posted his receipts and frustration with people taking advantage of the gas station.
He said some people were supportive and some said, “well, it’s just big oil”.
“Yeah, the big oil they are fine. But you know, this guy lives in this neighborhood, owns a business here in Chattanooga or East Ridge, so he’s a local person,” he said. “He’s not a big corporation, you know?”
The owner thanked him for coming forward and a woman in line told him it was sweet he helped out.
DeHart said he was just doing the right thing.
“If you have your receipt, great, if you just have to look at your debit card or whatever, great,” he said. “I guess people who paid cash probably just felt like they hit the lottery, but you know it was at this guy’s expense.”
DeHart hopes the people who filled up their tanks that day return to do the right thing and settle their debts.
Copyright 2022 WRCB via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/19/man-notifies-store-owner-gas-price-mix-up-after-filling-tank-under-6/
| 2022-04-19T14:22:35Z
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Results of 2nd autopsy to be given in Patrick Lyoya’s death
DETROIT (AP) — Lawyers for the family of Patrick Lyoya, a Black man killed by police in western Michigan, said they will release results from an independent autopsy Tuesday.
Video from a bystander shows Lyoya, who was not armed, was on the ground when he was shot in the head during a struggle with a white Grand Rapids officer on April 4. The official autopsy report is being shared with state police and won’t immediately be released to the public.
But a separate autopsy was performed by Dr. Werner Spitz, a 95-year-old forensic pathologist who worked on investigations following the assassinations of President John F. Kennedy and Martin Luther King Jr., among other high-profile cases. He’s a former medical examiner in the Detroit area.
Lyoya’s death has outraged his family as well as many people who have watched the video of the confrontation with an officer.
GRAPHIC WARNING: Video in this story may contain disturbing content.
The officer, whose name hasn’t been released, is heard saying during a traffic stop that the license plate didn’t match the car. Lyoya declined to get back into the vehicle as ordered, and a short foot chase ensued.
In the final moments, the officer was on top of Lyoya, trying to subdue him. He fired his gun after demanding that Lyoya drop his police Taser.
State police will give their findings to the Kent County prosecutor for consideration of any charges. Lyoya is a refugee from Congo in Africa.
Lyoya’s funeral is planned for Friday at Renaissance Church of God in Christ in Grand Rapids. The Rev. Al Sharpton’s National Action Network said it will help cover the cost. He will deliver a eulogy.
___
Find the AP’s full coverage of the fatal police shooting of Patrick Lyoya: https://apnews.com/hub/patrick-lyoya
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/results-2nd-autopsy-be-given-patrick-lyoyas-death/
| 2022-04-19T14:22:42Z
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Verizon Wireless is raising minimum wage to $20 an hour
NEW YORK (Gray News) – Verizon Wireless is raising the minimum wage to $20 an hour for retail, customer service and inside sales teams.
The company made the announcement Monday, adding that existing employees on these teams who currently receive less than $20 an hour will automatically be raised to this new rate.
“Our V Teamers give their best day in and day out to support our customers with all of their needs, which is why we want to make sure we support them as well,” said Krista Bourne, Chief Operating Officer for Verizon Consumer Group.
Verizon also said it’s offering a sign-on bonus for retail specialists and assistant manager positions in many markets.
“I’m confident these changes will help us attract and retain the very best talent and allow us to continue to improve our customer experience,” said Bourne.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.wvva.com/2022/04/19/verizon-wireless-is-raising-minimum-wage-20-an-hour/
| 2022-04-19T14:22:48Z
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...RED FLAG WARNING REMAINS IN EFFECT FROM NOON TODAY TO 7 PM MDT
THIS EVENING FOR STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER
ZONES 430, 431, 432, 433, 434, 435, 436, AND 437...
...RED FLAG WARNING REMAINS IN EFFECT FROM NOON TODAY TO 7 PM MDT
THIS EVENING FOR STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER
ZONES 430, 431, 432, 433, 434, 435, 436, AND 437...
* AFFECTED AREA...Fire weather zones 430, 431, 432, 433, 434, 435,
436 and 437.
* WIND...West to southwest 20 to 30 mph with gusts to 40 mph.
* HUMIDITY...Minimum 10 to 16 percent.
* IMPACTS...Any fires that develop will likely spread rapidly.
Outdoor burning is not recommended.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Red Flag Warning means that critical fire weather conditions
are either occurring now, or will shortly. The combination of
strong winds, low relative humidity, and warm temperatures can
contribute to extreme fire behavior.
&&
March unemployment figures, from the Research & Planning section of the Wyoming Department of Workforce Services' website as announced on April 18, 2022.
CHEYENNE – As measured by one economic statistic, the unemployment rate fell in every county in Wyoming last month compared to March 2021. And statewide, this seasonally adjusted jobless statistic fell by 2/10 of a percentage point to 3.4%, according to the Wyoming Department of Workforce Services' Research & Planning section.
The state unemployment percentage is also "slightly lower than the current U.S. rate of 3.6% and much lower than its March 2021 level of 5.0%," the Research & Planning section said Monday. In just the approximately month-long period from this February to March 2022, seasonally adjusted employment of Wyoming residents increased by 796 workers, or a gain of 0.3%, "as people returned to work."
Here in Laramie County, a jobless rate that is not seasonally adjusted fell to 3.3% last month from 4.8% a year earlier, according to a table of the civilian labor force by place of residence. Across the state as a whole, this figure fell to 3.1% from 3.9%. The most recent figures both locally and in Wyoming are preliminary.
"Unemployment rates were unusually high during much of 2021 because of the pandemic," the government agency noted. "Total non-farm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 270,300 in March 2021 to 278,500 in March 2022, an increase of 8,200 jobs (3.0%)."
For more information on state employment statistics, see this coming Sunday's Wyoming Tribune Eagle.
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https://www.wyomingnews.com/news/local_news/fewer-reported-being-unemployed-in-wyoming-all-of-its-counties-last-month-compared-with-a/article_10d1ac57-4869-5276-9f3a-c09e9c7b75a0.html
| 2022-04-19T14:39:14Z
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Sheriff department investigating death at Port Huron Twp. homeless encampment
The St. Clair County Sheriff Department is investigating a man's death after law enforcement responded to an anonymous tip Sunday about a body found in a tent in a homeless encampment in Port Huron Township.
On Monday night, Capt. Matt Pohl said the man was found in a wooded area off Griswold and 32nd streets, a few hundred yards south of AutoZone. The large parcel nearby is owned by the Grand Trunk Western Railroad Company, an American subsidiary of the Canadian National Railway.
Pohl told the township board about the detective bureau's investigation during Monday’s meeting, adding that they previously weren’t aware of the encampment.
“So, we are in touch with CN (Railway) to kind of see if we can jump in as far as people being on their property,” he said.
A representative from CN could not be immediately reached as of early Tuesday.
Pohl said they’re still waiting on an autopsy toxicology report. Law enforcement is also not yet identifying the individual while they track down next of kin, though Pohl said they believe they know the man's identity.
It wasn’t clear how long the encampment had been in place. More details weren’t immediately available.
Pohl said homeless residents have been found living in the wooded area farther north near a commercial area and elsewhere off 32nd Street.
"I know we’ve worked with the township a lot," he said.
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https://www.thetimesherald.com/story/news/2022/04/19/sheriffs-dept-investigating-death-after-body-found-homeless-encampment/7364922001/
| 2022-04-19T15:32:38Z
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