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What led you to this project?
My interest in this topic grew directly from my own frustrations and those of my patients. The number of times a patient would specifically come to see me for a clinical trial, and I could not enroll that person because they didn't meet eligibility, was astounding. So often those exclusion criteria didn't seem rational or justified.
I'll give you an example of the first ones I encountered. Most of the patients I see with lung cancer have stage four or metastatic disease, which is a very serious disease. I would have patients come to me in excellent health otherwise, but they would have had an earlier cancer. One of them was a retired surgeon who for years before had stage one prostate cancer. And the clinical trials that we looked at for him all excluded people who had earlier cancer before lung cancer.
I put together a research team and we got some federal grants, and we found out that 85% of lung cancer clinical trials excluded people who had earlier cancer.
Believe it or not, among people with stage four lung cancer, it didn't matter what the type of the earlier cancer was. The timing, in terms of when it occurred or the stage of prior cancer, never had an adverse effect on how long people lived once they had stage four lung cancer.
We published that information and took it to the National Institutes of Health and the FDA. They changed their policies. Most pharmaceutical companies have followed. So because of that work, most clinical trials for lung cancer are far less likely to exclude people because of an earlier cancer.
Why does the FDA feel the need to loosen restrictions of this type?
Over decades, clinical trials, especially in cancer, have become more complex:
- The number of eligibility criteria have increased.
- Restrictions on enrollment have become more stringent
- Requirements of patients once they are accepted in and start a clinical trial have also increased.
For this reason, a very small proportion of patients with cancer participate in clinical trials. That leads to a few problems:
- It takes longer to complete trials.
- Some trials never finish.
- When we do complete trials, it's possible that the results may not be generalizable to a broad population if those patients who did qualify to participate were so selected.
There is a concern, though, about disparities, in enrolling people of color?
I'll give you an example: Laboratory tests that are required for patients to qualify for clinical trials. This is really a moving target because the laboratory test results from blood tests are used again to determine the safety of the treatment that's under study.
For example, if we're studying a chemotherapy drug, chemotherapy routinely lowers blood counts by affecting the bone marrow. So, it's probably important for chemotherapy studies to have certain minimum blood count requirements for patients to go on a trial. That way, when they do lower after starting, it doesn't become dangerously low. But there are lots of treatments that don't usually lower blood counts.
Immune therapy drugs can be very effective, but they almost never lower blood counts. And yet, when you look at most immune therapy clinical trials, they still use the same blood count requirements that are carried over from chemotherapy trials.
I think this is especially an issue because it may unintentionally affect the diversity of participants in clinical trials. We know from large population studies that African American individuals in general have lower white blood cell counts than white adults. For that reason alone, it sometimes may be more difficult for an African American individual to qualify for a clinical trial.
Why are there tighter restrictions in this process for clinical trials?
First of all, you want to make sure that what you're doing is likely to be as safe as possible. Some of the restrictions on enrollment don't have so much to do with safety as just defining the nature of the disease under study to make sure that we can render conclusions about what's been observed.
What specifically does the FDA want to do?
The forthcoming document from the FDA is considered a guidance document — suggestions, not mandates. The FDA has proposed a specific approach to eligibility criteria for clinical trials for stage four or metastatic lung cancer.
And we believe that this is going to serve as a paradigm and that this type of approach can then be taken to other cancer types and other stages of lung cancer.
And not only does the document describe suggestions for specific criteria, but the FDA is also giving sponsors a framework to think about the types of eligibility criteria we should be thinking about and what's the order in which we should present them. And I think it may make it easier for patients, their caregivers, and physicians to find potential clinical trials.
So you're talking about how can you make it convenient for people to participate in trials?
Absolutely. We want it to be as feasible as possible for not only the patient but also for the health care system. If clinical trials are super complex and have many, many procedures beyond what we would do as part of standard treatment, it may not be possible for many important clinical sites that are safety net health care systems. You know, in Dallas County, that's Parkland (Hospital). Those are sites that may just not have the resources to do a lot of extra steps beyond standard treatment because there's such demand to meet the regular oncology clinical needs of their patient population.
Why should the average person listening to this be concerned with this problem?
Inefficient clinical trials mean fewer opportunities for people who have cancer to benefit from participating in trials, and there are multiple benefits that go beyond getting access to promising therapies.
And then beyond that, inefficient clinical trial processes make it take longer to get new therapies. And for all we know, there may be trials that were stopped and never finished that could have otherwise shown something promising.
It could mean missing out on potential treatment that could benefit you?
Yeah. The biggest hurdle in bringing new therapies to patients really is clinical trials. The discovery that happens in laboratories is critical and an extremely important step, but the steps that take the longest and cost the most money are the clinical trials.
RESOURCES:
Cancer researchers push to relax rules for clinical trials | https://www.keranews.org/health-wellness/2022-08-22/fda-and-a-north-texas-doctor-seek-to-ease-clinical-trial-restrictions-on-treatments-for-lung-cancer | 2022-08-22T12:36:27Z |
UVALDE, Texas — Artists from across the state have come together in this small southwest Texas town to honor the 19 students and two teachers killed in late May at Robb Elementary School. They've painted giant portraits of each victim with the hope of helping the community heal.
It's a huge endeavor at any time, but most especially during Texas in August.
It's morning time but already sweltering just off Uvalde's pecan tree-lined town square. The artist who goes by the name Uloang, has been up all night painting, to avoid the blistering midday sun.
"I'm half awake!" he said.
A few hours earlier, he'd put the finishing touches on a 20-by-20-foot portrait of Maranda Mathis on the side of an office building. She's one of the fourth-graders killed at Robb Elementary School.
"As I was painting her face, and once I felt like I was getting her smile down, I could see her personality coming through," Uloang said. "And I just kind of felt like, 'Oh, hi, Maranda! There you are.' And I could barely hold it together. Definitely shed a few tears."
The mural is based off her mother's favorite photo of the young girl.
"Her mom mentioned that she loved being in nature, picking up river rocks," he said.
In Uloang's portrait, Maranda stands smiling in turquoise waters. Eleven Koi fish swim around her, a number chosen because she was 11 years old. She holds a brilliant amethyst crystal instead of river rocks, like in the original photo. Uloang said the idea came to him when he was sketching, and when he shared his drawing with Maranda's mom, she had a visceral reaction.
"She told me that when she saw that it was amethyst crystal in the sketch, she got chills," he said.
As it turns out, amethyst is Maranda's birthstone and purple was her favorite color. Uloang also added pink water lilies, which he later discovered were her mom's favorite flower.
"And there's been other things just kind of that would just kind of give me chills," Uloang said. "I felt like I was being guided in a way, to be honest."
Overseeing the portrait project is Abel Ortiz, who teaches art at a Uvalde college. As the project's creator, his idea was to make the 21 murals monumental.
"We never want to forget their faces," Ortiz said. "That's why they had to be murals of portraits and not just regular murals."
Ortiz didn't know 21 Texas muralists, so he put out a call for help. Monica Maldonado answered that call. Shortly after the shooting in May, she drove the three hours from her Austin home to pay her respects.
"At that moment, I knew that God was going to use me," Maldonado said. "I didn't know how, but I knew that I would be involved in some way in the journey of healing for Uvalde."
For Maldonado, that journey involved helping find buildings to host the murals and finding most of the muralists, all of whom have volunteered their time.
Uvalde residents have stopped by every day to thank the artists and bring them meals.
One recent afternoon, around the corner from Maranda's portrait, a family stood in front of two side-by-side murals. Veronica Luevonos spoke softly about the paintings.
"That's my daughter's. And that's my nephew's," she said.
Luevanos lost her daughter, 10-year-old Jailah Silguero, and her nephew, Jayce Luevanos, also 10 years old. She remembered her daughter's favorite experiences.
"She loved dancing, playing outside, being around her friends," she said.
Jailah's portrait shows her smiling in her cheerleading uniform, which she wore each Friday during football season. Luevanos said Jayce was a sweet little boy.
"Always had everybody laughing, like Jailah."
Artist Ruben Esquivel chose to paint Jayce with his favorite dinosaur ninja, a paper plane and a cup of coffee, like he made for his grandparents every day.
"And this is like his final cup of coffee to them," Esquivel said. "He also used to write them love letters. So the paper plane is this kind of final letter, and it's going to say, 'I love you' on the wing in his handwriting."
Veronica Luevanos says all the portraits are beautiful.
"It brings a lot of joy to us," she said. "A lot of comfort."
She said she plans to visit Jailah and Jayce here for the rest of her days.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/news/2022-08-22/texas-artists-honor-the-uvalde-victims-with-21-murals-they-hope-will-help-healing | 2022-08-22T12:36:33Z |
NEW YORK — A white bus with Texas plates has just pulled up outside the Port Authority Bus Terminal in Manhattan. The men and women on it have just finished a 30-hour nonstop bus ride from the Mexico border, and have arrived hungry, tired, and some in need of immediate medical care. It's a hot Wednesday morning in early August, and the rush hour traffic has clogged the city streets outside.
"Bienvenidos a Nueva York," a small crowd of city officials and relief workers cheers, as TV cameras and photographers crowd around.
This is the scene at one of the bus arrivals from the Texas-Mexico border, as Gov. Greg Abbott shows his opposition to federal immigration policies by sending them to Washington, D.C., – and more recently, to New York City.
Some migrants want to come to New York, others say they've been forced or tricked into coming here by Texas officials. They have become the most public face of a political back-and-forth between the State of Texas and New York City. They're part of an increasing number of asylum seekers who have been coming to the city from the U.S.-Mexico border this summer. While city officials and volunteers have stepped up to give the asylum seekers a warm welcome, the migrants' journey can still be rocky once they arrive.
Charities and volunteer groups have been helping people as they've arrived over the past few months, but city officials and nonprofits have become more publicly involved in the past few weeks. Team TLC NYC, part of a larger national organization called Grannies Respond, has worked to offer food, clothing, and medical assistance to asylum-seekers when they arrived. In an interview on Aug. 10, Ilze Thielmann, the group's director, said the cooperation has been successful.
Many of the almost 5000 newly-arrived asylum seekers are alone in New York and enter city homeless shelters
"We had a great coordinated response between our side, the volunteer side, [the] NGO side, and the city," she said. "It was absolutely amazing."
Many of the newly-arrived asylum seekers don't have relatives in New York to stay with. So after they leave the station, they often enter city homeless shelters. The shelter system doesn't track people by immigration status, but city officials estimate that between 4000 and 5000 asylum-seekers have entered city shelters since May.
New York's shelters are, however, already overstretched, and not only by new immigrants. Capacity is low and New York's affordable housing is limited. Some migrants have encountered difficulties with translation and city bureaucracy during the intake process and have felt unsafe as they arrive.
Carlos, a 26-year-old from Venezuela who recently arrived in the U.S., says that as a member of the LGBTQ community, he felt threatened by other residents at a city shelter for homeless men located in Manhattan. He preferred to only share his first name to protect his legal status.
"They had problems with drugs, they had [mental] problems, and really, we felt in danger there," he says, speaking Spanish. "I'd 1000 times rather stay in the streets than [at that shelter]."
He called for New York City to offer more support, not only to immigrants like himself, but also to Americans who are already facing problems here.
NYC officials want to hear about any problems migrants encounter and are working with charities to help
Veronica, a 22-year-old from Venezuela, who also asked to use only her first name to protect her legal status, says she is six months' pregnant, and a problem with her pregnancy she encountered while traveling through Mexico necessitates specific medical care. She says she was staying in a shelter in Manhattan, but it only offered a place to stay.
"Immigration [officials] gave me help at the hospital, but when they sent me here, I haven't received anything," she says in Spanish. "Absolutely nothing – [not even] medicine," she says.
She says she didn't know who to ask for help, and hasn't been in contact with people in the city government. She and Carlos have been receiving assistance from South Bronx Mutual Aid, a grassroots group working directly with migrants throughout the city.
NYC's Mayor's Office of Immigrant Affairs commissioner Manuel Castro says he wants to hear about any problems people encounter, and that city officials are working with a growing group of charities and nonprofits.
"What's important is that those families are connected to us ... so that we understand what were the challenges that they've faced," Castro says. "And we can adjust appropriately."
Activists want New York do more to improve housing problems and meet asylum-seekers' complex needs
But activists call for more work to be done. Ariadna Phillips, an organizer with South Bronx Mutual Aid, says the city should do more work to improve New York's deep seated housing problems and to make sure asylum-seekers' complex needs are being met after already experiencing harrowing journeys.
"People say this is the capital of the world, so we're going to act like it," Philips says. "If everybody else says that they can't handle these conditions, then we're going to step up and be part of the solution."
The State of Texas has continued to send buses without sharing arrival times in advance. As migrants, volunteer groups, and city officials in New York City continue to adapt, they're watching the political back-and-forth play itself out on a deeply human level.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/news/2022-08-22/texas-sends-migrants-to-new-york-they-get-a-warm-welcome-but-life-there-is-tough | 2022-08-22T12:36:39Z |
$27 billion class-action lawsuit in works for Uvalde mass shooting
UVALDE, Texas (KSAT) - A massive lawsuit was announced on behalf of those affected by the Robb Elementary School shooting.
The class-action suit is going after several law enforcement agencies as well as a gun manufacturer.
The lead attorney filing the suit, Charles Bonner, said they are fighting for justice and accountability.
“What we intend to do to help serve this community and that is to file a $27 billion civil rights lawsuit under our United States Constitution, one-of-a-kind in the whole world,” he said.
Bonner, a civil rights attorney, said he intends to file a class action lawsuit against anyone who can be held responsible for what happened inside of Robb Elementary on May 24.
“We have the school police, OK, out of Redondo. We have the city police, and we have the sheriff and we have the Texas Rangers, the DPS, and we have the Border Patrol,” he said, as well as gun manufacturer Daniel Defense and Oasis Outback, where the gunman bought the weapon used.
“There will be some institutional defendants, including the school board or the city council,” Bonner said.
He and his associate have been traveling to Uvalde from their California office for weeks - meeting with families at Pastor Daniel Myers’ church, Tabernacle of Worship.
“Up to right now, there’s been no accountability, there’s no justice for those 19 children and the two teachers,” Myers said.
The suit is being filed on constitutionality. Bonner said the victims, survivors and their families had their 14th Amendment rights violated.
“And what we’ve seen here is that the law enforcement agencies have shown a deliberate, conscious disregards of those lives,” he said.
Bonner’s law firm is taking on this class-action suit with a team of other firms, including a local Uvalde law office. It’s a big undertaking, one he said he believes is necessary to save lives.
“Everyone in this world (is) hurting and bleeding about what is happening here in Uvalde. And it’s up to us to make sure it doesn’t happen again,” Bonner said.
The lawsuit is still being drafted. Bonner said it’ll be filed in September when the investigation into the shooting is done.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/08/22/27-billion-class-action-lawsuit-works-uvalde-mass-shooting/ | 2022-08-22T12:46:48Z |
Cineworld theater chain confirms it’s considering bankruptcy
LONDON (AP) — Cineworld Group PLC, one of the world’s largest movie theater chains, said Monday that it is considering filing for Chapter 11 bankruptcy protection in the U.S. and similar actions elsewhere.
The British company, which owns Regal Cinemas in the United States and operates in 10 countries, said bankruptcy is one option it is weighing to help preserve a business that has struggled to rebound from the impact of COVID-19 restrictions.
Cineworld said it’s holding talks with major stakeholders such as lenders. It expects operations to run normally following any filing and “ultimately to continue its business over the longer term with no significant impact upon its employees.” It has about 28,000 workers, according to the company’s website.
Company shares tumbled 58% Friday after The Wall Street Journal reported that the company was preparing to file for bankruptcy within weeks.
Cineworld, which has 9,189 screens across 751 sites, said Monday that it’s open for business and is still evaluating its options to boost cash flow and potentially restructure.
In March, the company said COVID-19 closures in the first part of last year took a toll, reporting a $565.8 million loss after taxes and debt of $4.8 million. It also took a hit from terminating its 2020 takeover of Canadian movie theater company Cineplex Inc. A court in Ontario agreed with Cineplex that the British company breached its obligations and awarded 1.23 billion Canadian dollars ($947.5 million) in damages. Cineworld has appealed.
Despite the hurdles, Cineworld has said pent-up demand to see movies on the big screen helped its bottom line at the end of last year. It also expected blockbusters like “Top Gun: Maverick,” “Jurassic World: Dominion” and others to help it “continue to rebound strongly.”
Shares of AMC and Cinemark, two major theater chains based in the U.S., also fell before the opening bell in New York.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/22/cineworld-theater-chain-confirms-its-considering-bankruptcy/ | 2022-08-22T12:46:55Z |
Russia’s FSB blames Ukrainian intelligence for car bombing that killed nationalist’s daughter
MOSCOW (AP) — Russia’s top counterintelligence agency on Monday blamed Ukrainian spy services for organizing the killing of the daughter of a leading Russian nationalist ideologue in a car bombing just outside Moscow.
Daria Dugina, the 29-year-old daughter of Alexander Dugin, a philosopher, writer and political theorist whom some in the West described as “Putin’s brain,” died when an explosive planted in her SUV exploded as she was driving Saturday night.
Russia’s Federal Security Service (FSB), the main KGB successor agency, said that Dugina’s killing had been “prepared and perpetrated by the Ukrainian special services.”
On Sunday, Ukraine’s presidential adviser Mykhailo Podolyak denied any Ukrainian involvement in the killing.
In Monday’s statement, the FSB accused a Ukrainian citizen, Natalya Vovk, of perpetrating the killing and then fleeing from Russia to Estonia.
The FSB said that the suspect, Natalya Vovk, arrived in Russia in July with her 12-year-old daughter and rented an apartment in the building where Dugina lived to shadow her. It said that Vovk and her daughter were at a nationalist festival, which Alexander Dugin and his daughter attended just before the killing.
The agency said that Vovk and her daughter left Russia for Estonia after Dugina’s killing, using a different vehicle license plate on their way out of the country.
Dugin has been a prominent proponent of the “Russian world” concept, a spiritual and political ideology that emphasizes traditional values, the restoration of Russia’s global clout and the unity of all ethnic Russians throughout the world. He has been vehemently supported Russian President Vladimir Putin’s move to send troops into Ukraine and urged the Kremlin to step up its operations in the country.
The explosion took place as Dugin’s daughter was returning from a cultural festival she had attended with him. Russian media reports cited witnesses as saying the SUV belonged to Dugin and that he had decided at the last minute to travel in another vehicle.
The car bombing, unusual for Moscow since the turbulent 1990s, is likely to aggravate tensions between Russia and Ukraine.
On Sunday, Denis Pushilin, head of the Russia-backed separatist “Donetsk People’s Republic” in Ukraine’s east, quickly blamed the blast on “terrorists of the Ukrainian regime, trying to kill Alexander Dugin.”
While Dugin’s exact ties to Putin are unclear, the Kremlin frequently echoes rhetoric from his writings and appearances on Russian state television. He helped popularize the “Novorossiya,” or “New Russia” concept that Russia used to justify the 2014 annexation of Ukraine’s Crimean Peninsula and its support of separatist rebels in eastern Ukraine.
Dugin, who has been slapped with U.S. and European Union sanctions, has promoted Russia as a country of piety, traditional values and authoritarian leadership, and spoken with disdain about Western liberal values.
His daughter expressed similar views and had appeared as a commentator on nationalist TV channel Tsargrad, where Dugin had served as chief editor.
Dugina herself was sanctioned by the United States in March for her work as chief editor of United World International, a website that the U.S. described as a disinformation source. The sanctions announcement cited a United World article this year that contended Ukraine would “perish” if it were admitted to NATO.
In an appearance on Russian television just Thursday, Dugina said, “People in the West are living in a dream, in a dream given to them by global hegemony.” She called America “a zombie society” in which people opposed Russia but couldn’t find it on a map.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/22/russias-fsb-blames-ukrainian-intelligence-car-bombing/ | 2022-08-22T12:47:02Z |
Satisfy Every Morning Craving with a Limited Time Coffee and Breakfast Slice Deal
IRVING, Texas, Aug. 22, 2022 /PRNewswire/ -- Calling all pizza lovers! 7-Eleven, Inc. invites customers to "cheese the day." Here are the knead to know details (okay, that's enough cheesiness—for now): The world's largest convenience retailer is rolling out TWO brand new pizza varieties, Veggie and Breakfast. The all-new pizzas are now available at participating 7-Eleven®, Speedway® and Stripes® stores.
For those who are indeSLICEsive, 7-Eleven has all the options. The Breakfast pizza features 7-Eleven's signature crust topped with gravy, mozzarella cheese, cheddar cheese, and savory breakfast sausage. And for those into the classics, the Veggie pizza is loaded with all the good stuff: fire-roasted and diced red bell pepper, green bell pepper, white onions, and sliced mushrooms.
And for a limited time, members of the award-winning 7Rewards® loyalty program—found in the 7-Eleven app offering customers exclusive deals and discounts on their favorite products—can buy any size fountain drink or hot beverage and get a Breakfast Pizza slice for just $1*!
"Whatever the occasion, pizza brings people together, and it's always been an obvious choice to our customers," said Vareesha Shariff, 7-Eleven Senior Director of Hot Food. "We're constantly innovating to offer our customers new, exciting ways to enjoy their favorite things. This time, we're tapping into the trends of more creative and non-traditional pizzas, including savory sauces and plant-based offerings. No matter how you slice it, you can't go wrong with either of these new craveable pizzas."
All Paths Lead to Pizza
First-time users of the 7NOW delivery app will receive a free pizza with code PIZZA**. And customers who love a weekend pizza night can enjoy $5 Whole Pizza Weekends via 7NOW***!
With the 7NOW Gold Pass™ subscription delivery service, customers can get their delivery fee waived on more than 3,000 of their favorite 7-Eleven products, including craveable pizza and delicious coffee, for just $5.95 a month****.
The 7NOW delivery app can be downloaded from the App Store or Google Play, or by visiting 7Rewards.com.
*Valid Through 9/6/22. MFR coupon. Available while supplies last. Offer good at participating U.S. 7-Eleven stores®, excluding Hawaii. Limit one coupon per customer per day. Offer not valid with any other coupon or discount. No cash value. Consumer pays applicable fees & sales taxes. COPIES OR REPRODUCTION BY ANY MEANS IS PROHIBITED AND SHALL VOID THE COUPON.
**Ends 9/6/2022 with promo code PIZZA on first order for new customers. One per device. Applicable with promo code and delivery order only. Plus tax and fees. Limited delivery area. See 7NOW® app for full terms.
***Item must be added to cart for discount to apply. One offer per order. While supplies last. Small basket fee may apply if min purchase is not met. Delivery charges may apply. 7-Eleven, Inc. reserves the right to modify, change, or cancel this offer at any time.
****By joining you will be signing up for a recurring monthly subscription to the 7NOW Gold Pass. After the 14-day free trial period ends, your payment method on file will be charged $5.95 plus applicable taxes and your subscription will automatically renew monthly until you cancel through your account page. Delivery fee will be waived on delivery orders.
About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name in the convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada. In addition to 7-Eleven stores®, 7-Eleven, Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7-Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7-Eleven offers customers industry-leading private brand products under the 7-Select™ brand including healthy options, decadent treats and everyday favorites at an outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® loyalty program with more than 50 million members, place an order in the 7NOW® delivery app in over 2,000 cities, or rely on 7-Eleven for bill payment service, self-service lockers and other convenient services. Find out more online at www.7-Eleven.com.
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SOURCE 7-Eleven, Inc. | https://www.whsv.com/prnewswire/2022/08/22/7-eleven-expands-pizza-menu-with-two-new-varieties-breakfast-veggie/ | 2022-08-22T12:47:09Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- August 22, 2022 — ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) ("ALJ" or the "Company") announced today that it has submitted a formal notice to Nasdaq Stock Market LLC ("NASDAQ") of its decision to voluntarily delist its common stock from the NASDAQ Global Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about September 1, 2022. As a result, ALJ expects that the last day of trading of its common stock on the NASDAQ Global Market will be on or about September 11, 2022. After the Form 25 is effective, ALJ also intends to pursue such other measures necessary to terminate or suspend the registration of its common stock under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company is eligible to voluntarily deregister because it has fewer than 300 stockholders of record. ALJ anticipates that its common stock will be quoted on the Pink Sheets platform, which is operated by OTC Markets Group Inc. (the "Pink Sheets"), and ALJ currently intends to continue to provide information to its stockholders and to take such actions within its control to enable its common stock to be quoted in the Pink Sheets so that a trading market may continue to exist for its common stock. There is no guarantee, however, that a broker will continue to make a market in the common stock and that trading of the common stock will continue on the Pink Sheets or otherwise or that the Company will continue to provide information sufficient to enable brokers to provide quotes for its common stock.
The Company expects the deregistration of its common stock to become effective 90 days after the date of filing the Form 25 with the SEC. However, its reporting obligations to file certain reports with the SEC, including Forms 10-Q, 10-K and 8-K, will be immediately suspended upon filing the Form 25. Other filing requirements will terminate upon effectiveness of the deregistration.
The Board of Directors of the Company (the "Board") believes that the decision to delist the common stock from NASDAQ and deregister the common stock under Section 12(b) of the Exchange Act is in the best interest of the Company and its stockholders as it has determined that the burdens associated with operating as a registered public company outweigh any advantages to the Company and its stockholders at this time. The Board's decision was based on careful review of numerous factors, including the significant cost savings of no longer preparing and filing periodic reports with the SEC and reduction of significant legal, audit and other costs associated with being a reporting company, including the substantial costs and demands on management's time relating to the requirements of the Sarbanes-Oxley Act of 2002, SEC rules and NASDAQ listing standards, as well as the fact that the Company currently intends to provide liquidity to its stockholders following the delisting by taking actions within its control to have the common stock traded on the Pink Sheets and making periodic repurchases of the Common Stock from our stockholders. Once delisted and deregistered, the Board believes that the Company may redirect its financial and management resources that have been used to operate as a registered public company to pursue a wider range of business opportunities and strategic transactions.
About ALJ
ALJ Regional Holdings, Inc. is the parent company of Faneuil, Inc., a leading provider of call center services, back office operations, staffing services, and toll collection services to commercial and governmental clients across the United States.
Forward-Looking Statements
This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. All forecasts, projections, future plans or other statements, other than statements of historical fact, are forward-looking statements and include words or phrases such as "believes," "will," "expects," "anticipates," "intends," "estimates," "plan," "believe," "would" and words and phrases of similar import. The forward looking statements in this press release are also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, and involve substantial risks and uncertainties. We can give no assurance that such expectations will prove to be correct. Actual results could differ materially as a result of a variety of risks and uncertainties, many of which are outside of the control of the Company.
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SOURCE ALJ Regional Holdings, Inc | https://www.whsv.com/prnewswire/2022/08/22/alj-regional-holdings-inc-announces-voluntary-nasdaq-delisting-sec-deregistration/ | 2022-08-22T12:47:15Z |
Enhancements Designed to Provide a More Robust and Streamlined Solution for CRAs
ATLANTA, Aug. 22, 2022 /PRNewswire/ -- Appriss Insights, an Equifax® (NYSE: EFX) company, has launched enhancements to its CrimSmart™ and TraceSmart™ products, which are solutions designed to help background screening firms provide faster results and reduce dead-end investigations, shrink coverage gaps, and expand address history data used by background screeners.
"CrimSmart and TraceSmart are changing how the background screening industry gathers and optimizes national-criminal and address history data," said Brian Matthews, Senior Vice President and General Manager of Appriss Insights, an Equifax company. "These next-generation products and their unique features lead to faster results and fewer dead-end investigations. They are innovative, data-driven solutions that will help background screeners make better decisions."
CrimSmart is a national criminal pointer solution that provides traditional criminal records alongside Appriss Insights' incarceration records. The solution's algorithm helps point background screening firms to criminal records they may typically ignore during the background screening process due to lack of available matching identifiers. Background screeners engaged in early testing with CrimSmart have identified up to 13% more high-confidence records per search.
TraceSmart produces a measurable lift compared to traditional address history solutions. Unlike conventional pointer products, TraceSmart delivers incarceration records apart from traditional address trace information, allowing background screeners to potentially uncover additional jurisdictions where further research is warranted. Early adopters of TraceSmart have reported up to 30% more high-confidence jurisdiction matches per search.
The CrimSmart and TraceSmart enhancements include newly released individual filtering options that allow background screeners to customize the kind of information they receive from search results to help drive more efficient decisions. Each product is a stand-alone solution, but they are most effective when implemented as a bundled pair that forms a comprehensive name and jurisdiction development solution.
Both CrimSmart and TraceSmart are available to background screening firms. Learn more about how Appriss Insights data supports background screeners at the Appriss Insights website.
Appriss Insights, an Equifax Company, delivers breakthrough data and analytics solutions to reduce people-based risk, mitigate fraud and meet compliance mandates. As the nation's most comprehensive and trusted source of risk and criminal justice intelligence, we offer timely, reliable insights through vertical partners on AI-driven, SaaS-based cloud architecture. We enable commercial enterprises and government agencies to build trust and safety while improving operational efficiencies. To learn more, visit www.apprissinsights.com.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION
Andrew Smith for Appriss Insights, an Equifax Company
andrew.smith@equifax.com
Daniel Jenkins for Equifax
mediainquiries@equifax.com
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SOURCE Equifax Inc. | https://www.whsv.com/prnewswire/2022/08/22/appriss-insights-an-equifax-company-launches-enhancements-background-screening-tools-crimsmart-tracesmart/ | 2022-08-22T12:47:22Z |
Asurion repair experts provide fast fixes on phones, tablets, laptops and more
FORT STEWART, Ga., Aug. 22, 2022 /PRNewswire/ -- A new electronics repair shop, Asurion Tech Repair & Solutions™, has opened on Fort Stewart at the Army & Air Force Exchange Service shopping center, 345 Lindquist Road, Building 71. The store offers professional fixes for most consumer electronics, from smartphones, tablets and computers to game consoles, smart speakers, drones and more.
While common repairs include cracked screens, battery issues and water damage, the company's repair experts have fixed millions of devices and can help with most any tech mishap, and many basic repairs can be completed in 45 minutes or less.
"We all rely on technology to keep us connected, none more than military families," said Asurion Tech Repair & Solutions CEO Dave Barbuto. "I come from an Army family myself and served as an infantry officer for eight years, so I know firsthand what a lifeline technology can be – whether you're on base here in the states or deployed overseas. At Asurion Tech Repair & Solutions, we're excited to make life just a little easier for those stationed, living and working on base, with expert tech help available where and when they need it. We make sure your tech is working, so you never have to be disconnected from the things that matter most to you."
The store's expert repair technicians fix all kinds of technology, regardless of make or model, and the store is an authorized repair provider for Samsung Galaxy® and Google Pixel™ smartphones. Soldiers and families at Fort Stewart can book a repair appointment online or stop by the store for walk-in service. The store offers free, no-obligation diagnostics on all gadgets, as well as a 1-year limited warranty on all repairs. It even offers a price match guarantee on any local competitor's regularly published price for the same repair.
The new Asurion Tech Repair & Solutions store brings the company's retail footprint to more than 750 locations across the U.S. Formerly known as uBreakiFix®, all U.S. locations are rebranding as Asurion Tech Repair & Solutions. The rebrand is underway nationwide.
The new store is located at:
Asurion Tech Repair & Solutions
Army & Air Force Exchange Service Shopping Center
345 Lindquist Rd Bldg 71, Fort Stewart, GA 31314
(912) 255-6033
About Asurion Tech Repair & Solutions
Asurion Tech Repair & Solutions, formerly known as uBreakiFix, is the retail brand operated and franchised by a subsidiary of tech care company Asurion. As the world's leading tech care company, Asurion eliminates the fears and frustrations associated with technology to ensure its 300 million customers get the most out of their devices, appliances, and connections. Asurion Tech Repair & Solutions stores specialize in the repair of consumer technology, including smartphones, game consoles, tablets, computers, and nearly everything in between. Asurion Tech Repair and Solutions repair experts fix cracked screens, software issues, camera issues, and most other tech mishaps at more than 750 stores across the U.S. The stores provide fast, affordable fixes for nearly any device type, regardless of make or model, including authorized repairs for Google Pixel and Samsung Galaxy smartphones.
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SOURCE Asurion Tech Repair & Solutions | https://www.whsv.com/prnewswire/2022/08/22/asurion-tech-repair-amp-solutions-opens-fort-stewart/ | 2022-08-22T12:47:29Z |
LOS ANGELES, Aug. 22, 2022 /PRNewswire/ -- Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm, today announced the successful completion of the previously commenced all-cash tender offer by Aurora's affiliate, Raven Houston Merger Sub, Inc. ("Purchaser") to purchase all of the issued and outstanding shares of common stock (the "Shares") of Sharps Compliance Corp. (NASDAQ: SMED) ("Sharps"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous waste, for $8.75 per share, net to the seller in cash, without interest and less any applicable withholding taxes.
The tender offer expired one minute after 11:59 p.m., New York City time, on August 19, 2022 (the "Expiration Date"). As of the Expiration Date, a total of 16,830,657 Shares were validly tendered and not withdrawn from the tender offer, representing approximately 82% of the number of Shares that are issued and outstanding as of the Expiration Date on a fully diluted basis. As of such Expiration Date, all conditions to the tender offer have been satisfied or waived. Purchaser has accepted for payment, and expects to promptly pay for, all such Shares validly tendered and not validly withdrawn in accordance with the terms of the tender offer.
As a result of its acceptance of the Shares tendered in the tender offer, Purchaser has acquired a sufficient number of Shares to close the merger of Purchaser with and into Sharps without the affirmative vote of the Sharps remaining public stockholders pursuant to Section 251(h) of the Delaware General Corporation Law. The parties expect to consummate the merger on August 23, 2022. In connection with the merger, the remaining outstanding Shares will be converted into the right to receive $8.75 per share in cash, without interest and subject to any required withholding taxes (which is the same amount per Share paid in the tender offer). As a result of the tender offer and the merger, Sharps will become a privately-held company and Sharps common stock will cease trading on the NASDAQ.
About Aurora Capital Partners
Aurora Capital Partners is a leading Los Angeles-based private equity firm with over $4.5 billion in assets under management. Founded in 1991, the firm focuses principally on control investments in middle-market companies with leading market positions, stable industry dynamics, attractive business model characteristics and actionable opportunities for growth in partnership with management. Aurora provides unique resources to its portfolio companies through its Strategy & Operations Program and its team of experienced operating advisors. Aurora's investors include leading public and corporate pension funds, endowments and foundations active in private equity investing. For more information about Aurora Capital Partners, visit: www.auroracap.com.
About Sharps Compliance Corp.
Headquartered in Houston, Texas, Sharps Compliance Corp. (NASDAQ: SMED) is a leading business-to-business services provider to the healthcare, long-term care and retail pharmacy markets. Sharps Compliance offers comprehensive solutions for the management of regulated medical waste, hazardous waste and unused medications. For more information, visit: www.sharpsinc.com.
Forward-Looking Statements
The information in this press release contains certain forward-looking statements relating to the transactions between Purchaser and Sharps, strategic and other potential benefits of the transactions, and other statements about Aurora's, Purchaser's or Sharps' future expectations, beliefs, goals, plans or prospects that are based on current beliefs, expectations and assumptions made by, and information currently available to, the management of Aurora, Purchaser and Sharps on the date of this press release. When used in this press release, the words "may," "could," "position," "plan," "potential," "designed," "continue," "anticipate," "believe," "expect," "estimate," "project," and "intend" and words or phrases of similar import are intended to identify forward-looking statements. Such statements reflect known and unknown risks, uncertainties, and assumptions related to certain factors including, without limitation, those risks and uncertainties described under the heading "Risk Factors" in Sharps' periodic reports on file with the U.S. Securities and Exchange Commissions ("SEC"). These statements speak only as of the date of this press release and are based on Aurora's, Purchaser's and Sharp's current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different from those described in or implied by such forward-looking statements, including risks and uncertainties regarding: changes in financial markets; changes in economic, political or regulatory conditions; changes in facts and other circumstances and uncertainties concerning the transactions; and other factors set forth from time to time in Sharps' SEC filings, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, as well as the tender offer statement, solicitation/recommendation statement and other tender offer documents filed by Aurora, Purchaser and Sharps, as applicable. None of Sharps, Aurora, Purchaser or any of their affiliates undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, subsequent events, circumstances or otherwise, except as may be required by any applicable securities laws.
For more information contact:
For Aurora Capital Partners
ASC Advisors
Steve Bruce / Taylor Ingraham
Phone: (203) 992-1230
Email: sbruce@ascadvisors.com / tingraham@ascadvisors.com
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SOURCE Aurora Capital Partners | https://www.whsv.com/prnewswire/2022/08/22/aurora-capital-partners-announces-completion-tender-offer-all-outstanding-shares-sharps-compliance-corp/ | 2022-08-22T12:47:36Z |
Seoul-Based Biotechnology Company to Use Financing for Expanding Oncology Drug Discovery and Development
SEOUL, South Korea, Aug. 22, 2022 /PRNewswire/ -- Innovative biotechnology company specializing in new drug discovery and development, Avelos Therapeutics, has received a glowing endorsement from the venture capital community by raising $8 million in the startup's Series A funding round. The funding will support the company's targeted, biomarker-driven onco-therapeutics that aim to target cancerous cells that have long been deemed "undruggable," using the concept of synthetic lethality. Financing was provided by several well-known venture capital firms, including SV Investment, UTC Investment, Quad Investment Management, Timepolio Asset Management, Mirae Asset Venture Investment and Mirae Asset Capital.
The key members of Avelos Therapeutics' visionary executive team each bring extensive experience to their respective roles, helping to quickly scale the company to become one of the leading global biotechnology companies. The team is led by CEO Dr. Young-Whan Park, who previously served at the helm of National OncoVenture (NOV), a Korean government funded anti-cancer drug development program. Prior to his time at NOV, Park worked at Merck & Co as a program leader in the US. Park is joined by Chief Technology Officer Soongyu Choi, whose past roles include leading mid-size and large pharmaceutical companies—including Bayer Healthcare and PTC Therapeutics, and head of business development Kangsik Yun, who has more than 30 years of experience in drug discovery and development.
A growing field, synthetic lethality is the setting in which inactivation of either of two genes individually has little effect on cell viability but simultaneous loss of function of both genes leads to cell death. In cancer, inactivation of one gene by deletion or mutation and pharmacological inhibition of the other leads to death of cancer cells whereas normal cells are spared the effect of the drug. The concept of synthetic lethality has provided new opportunities for the development of new therapies without the risk of major side effects.
"Through industry-leading techniques, robust experience and a growing network, we are confident that Avelos will become the leader in synthetic lethality," said Park. "Our company's slogan is 'Strive for a better Tomorrow,' and we have no bigger calling than the need to provide a better quality of life for cancer patients."
Though still in its infancy, Avelos Therapeutics has established meaningful research partnerships, including a collaboration for a first-of-its-kind drug program with the Research Institute of England. The company plans to select preclinical candidates in the first half of 2023.
To learn more about Avelos Therapeutics, visit avelostx.com.
About Avelos Therapeutics
Avelos Therapeutics is a specialized research and development (R&D) company focused on oncology drug discovery and development working with small molecule drugs for undruggable targets in the synthetic lethality, DNA damage response and cell cycle areas. Founded in 2021, the company is led by veterans in pre-clinical and clinical drug development, including CEO Young-Whan Park. To learn more about Avelos Therapeutics, visit avelostx.com.
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SOURCE Avelos Therapeutics | https://www.whsv.com/prnewswire/2022/08/22/avelos-therapeutics-announces-8-millon-series-funding-round/ | 2022-08-22T12:47:43Z |
CHARLOTTE, N.C., Aug. 22, 2022 /PRNewswire/ -- Barings, one of the world's leading investment managers, today announced the appointment of Ken Griffin as the firm's Head of Insurance Solutions, effective immediately. Griffin will be responsible for overseeing the delivery of customized solutions to meet the needs of Barings' insurance clients globally.
"We are thrilled to welcome Ken to lead our global team of insurance solutions specialists in leveraging the firm's deep capabilities across public and private asset classes," said Colin Gordon, Head of Portfolio Solutions and Analytics and a member of Barings' Senior Leadership Team. "Ken's extensive experience addressing insurance investment challenges across multiple geographies, regulatory regimes, and insurance products will make him a valued resource for Barings' clients."
With a total insurance AUM of $223.3 billion*, the Barings Global Insurance Solutions team harnesses a range of tools and resources across insurance portfolio management, risk management, quantitative solutions, and regulatory accounting to create client-specific solutions. Based in Charlotte, N.C., Griffin will report to Gordon and bring a depth of insurance knowledge to Barings portfolio management teams.
"I am excited to join Barings' global team to lead and deliver investment knowledge and products that serve the unique needs of our insurance clients around the world in an increasingly volatile market environment," said Griffin.
Griffin has worked in the insurance and investment industries for over three decades. Prior to joining Barings, he served as Head of ALM Strategy at Brighthouse and Global Head of Insurance Solutions at Conning, where he focused on Strategic Asset Allocation. He received a B.A. in Economics from University of North Carolina at Chapel Hill and is an Associate of the Society of Actuaries, as well as a member of the CFA Institute.
About Barings LLC
Barings is a $349+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.
*Assets under management as of June 30, 2022
Media Contact:
MediaRelations@Barings.com
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SOURCE Barings | https://www.whsv.com/prnewswire/2022/08/22/barings-appoints-ken-griffin-head-insurance-solutions/ | 2022-08-22T12:47:49Z |
LAVAL, QC, Aug. 22, 2022 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health" or the "Company") has transferred common shares in an amount equal to approximately 38.6% of the issued and outstanding shares of Bausch + Lomb Corporation ("Bausch + Lomb") to an existing wholly-owned unrestricted subsidiary of the Company (the "Internal Transfer").
Common shares in an amount equal to approximately 50.1% of Bausch + Lomb continue to be held by a wholly-owned restricted subsidiary of the Company, and Bausch + Lomb itself remains a restricted subsidiary of the Company. The Company, through its subsidiaries, continues to hold the same number of shares of Bausch + Lomb as it did prior to the Internal Transfer, which in the aggregate comprises approximately 88.7% of the issued and outstanding shares of Bausch + Lomb.
The Internal Transfer is consistent with the Company's commitment to the separation of Bausch + Lomb and provides the Company with strategic flexibility while it evaluates all relevant factors and considerations relating to the separation of Bausch + Lomb. Further, the Company has engaged Houlihan Lokey and White & Case LLP as financial and legal advisors, respectively, to assist the Company in evaluating potential strategic alternatives.
The separation of Bausch + Lomb is contingent on the expiry of customary lockups related to the initial public offering of Bausch + Lomb, the achievement of targeted debt leverage ratios and the receipt of applicable shareholder and other necessary approvals.
About Bausch Health
Bausch Health Companies Inc. (NYSE/TSX: BHC) is a global diversified pharmaceutical company whose mission is to improve people's lives with our health care products. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals and eye health, through our approximately 88.7% ownership of Bausch + Lomb. With our leading durable brands, we are delivering on our commitments as we build an innovative company dedicated to advancing global health. For more information, visit www.bauschhealth.com and connect with us on Twitter and LinkedIn.
Forward-looking Statements
This news release may contain forward-looking statements about the future performance of Bausch Health, which may generally be identified by the use of the words "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "subject to" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Actual results are subject to other risks and uncertainties that relate more broadly to Bausch Health's overall business, including those more fully described in Bausch Health's most recent annual report on Form 10-K and detailed from time to time in Bausch Health's other filings with the U.S. Securities and Exchange Commission and the Canadian securities administrators, which factors are incorporated herein by reference.
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SOURCE Bausch Health Companies Inc. | https://www.whsv.com/prnewswire/2022/08/22/bausch-health-continuing-process-toward-separating-bausch-lomb/ | 2022-08-22T12:47:55Z |
FRANKLIN LAKES, N.J., Aug. 22, 2022 /PRNewswire/ -- Becton, Dickinson and Company (NYSE: BDX) (the "Company" or "BD") today announced the early tender results for its previously announced Tender Offers (as defined below) to purchase for cash certain of its outstanding debt securities listed in the table below.
In making the announcement, the Company has exercised its previously disclosed right to amend such Tender Offers to increase the Offer SubCap (as defined below) applicable to the 3.794% Senior Notes due 2050 from $175,000,000 principal amount to $190,000,000 principal amount.
The Tender Offers are being made pursuant to the terms and conditions set forth in the offer to purchase, dated August 8, 2022 (as amended and supplemented hereby, the "Offer to Purchase"). Except as specifically amended hereby, all other terms of the Tender Offers as previously announced in the Offer to Purchase remain unchanged. The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.
The Company is offering to purchase for cash up to $500,000,000 aggregate principal amount (which, subject to applicable law, may be increased in the Company's sole discretion, the "Aggregate Offer Cap") of its (i) 3.794% Senior Notes due 2050, (ii) 7.000% Senior Debentures due 2027, (iii) 6.700% Senior Debentures due 2028, (iv) 6.000% Senior Notes due 2039, (v) 5.000% Senior Notes due 2040, (vi) 4.685% Senior Notes due 2044 and (vii) 4.669% Senior Notes due 2047 (collectively, the "Securities" and each a "series"), in the order of priority set forth in the table below (each, an "Acceptance Priority Level"), subject to an aggregate principal amount of each series of Securities that does not exceed the applicable Offer SubCap, if any, set forth in the table below (each, an "Offer SubCap") (collectively, the "Tender Offers"); provided that the Company will only accept for purchase up to an aggregate principal amount of all series of Securities that does not exceed the Aggregate Offer Cap.
As of the previously announced early tender date and time of 5:00 p.m., New York City time, on August 19, 2022 (the "Early Tender Date"), according to information provided by Global Bondholder Services Corporation, the tender and information agent for the Tender Offers, the aggregate principal amount of each series of Securities set forth in the table below under "Principal Amount Tendered at Early Tender Date" has been validly tendered and not validly withdrawn in the Tender Offers. Withdrawal rights for the Securities expired at 5:00 p.m., New York City time, on the Early Tender Date.
All conditions, including the financing condition, in respect of the Tender Offers were satisfied or waived by the Company at the Early Tender Date. The Company has elected to exercise its right to make payment for the Securities that were validly tendered prior to or at the Early Tender Date and that are accepted for purchase on August 23, 2022 (the "Early Settlement Date").
As previously disclosed in the Offer to Purchase, because the aggregate principal amount of 3.794% Senior Notes due 2050 validly tendered and not validly withdrawn prior to or at the Early Tender Date exceeds the applicable Offer SubCap and the aggregate principal amount of Securities validly tendered and not validly withdrawn prior to or at the Early Tender Date exceeds the Aggregate Offer Cap, the Company will accept for purchase the 3.794% Senior Notes due 2050 and the 4.685% Senior Notes due 2044 on a prorated basis as set forth in the table above. As described further in the Offer to Purchase, Securities tendered and not accepted for purchase will be promptly credited to the tendering holder's account. Since the Tender Offers are fully subscribed at the Early Tender Date, the Company does not expect to accept for purchase any Securities tendered after the Early Tender Date on a subsequent settlement date.
The applicable consideration (the "Total Consideration") offered per $1,000 principal amount of each series of Securities validly tendered and accepted for purchase pursuant to the applicable Tender Offer will be determined in the manner described in the Offer to Purchase by reference to the applicable fixed spread for such Securities specified in the table above plus the applicable yield based on the bid-side price of the applicable U.S. Treasury Reference Security specified in the table above as displayed on the applicable page on the Bloomberg Bond Trader FIT1 page at 10:00 a.m., New York City time, on August 22, 2022. The Company expects to announce the pricing of the Tender Offers later today.
Only holders of Securities who validly tendered and did not validly withdraw their Securities at or prior to the Early Tender Date are eligible to receive the Total Consideration for Securities accepted for purchase. Holders will also receive accrued and unpaid interest on Securities validly tendered and accepted for purchase from the applicable last interest payment date up to, but not including, the Early Settlement Date ("Accrued Interest").
All Securities accepted for purchase will be retired and cancelled and will no longer remain outstanding obligations of the Company.
Information Relating to the Tender Offers
Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the lead dealer managers for the Tender Offers. Academy Securities, Inc., Loop Capital Markets LLC and Siebert Williams Shank & Co., LLC are co-dealer managers for the Tender Offers. Investors with questions regarding the Tender Offers may contact Citigroup Global Markets Inc. at (800) 558-3745 (toll-free) or (212) 723-6106 (collect) or Wells Fargo Securities, LLC at (866) 309-6316 (toll-free) or (704) 410-4759 (collect) or by email at liabilitymanagement@wellsfargo.com. Global Bondholder Services Corporation is the tender and information agent for the Tender Offers and can be contacted at (855) 654-2014 (toll-free) or (212) 430-3774 (collect).
None of the Company or its affiliates, their respective boards of directors, the dealer managers, the tender and information agent or the trustee with respect to any series of Securities is making any recommendation as to whether holders should tender any Securities in response to any of the Tender Offers, and neither the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decisions as to whether to tender any of their Securities, and, if so, the principal amount of Securities to tender.
The full details of the Tender Offers, including complete instructions on how to tender Securities, are included in the Offer to Purchase. Holders are strongly encouraged to read carefully the Offer to Purchase, including materials incorporated by reference therein, because they contain important information. The Offer to Purchase may be downloaded from Global Bondholder Services Corporation's website at www.gbsc-usa.com/BectonDickinson or obtained from Global Bondholder Services Corporation, free of charge, by calling toll-free at (855) 654-2014 (bankers and brokers can call collect at (212) 430-3774).
This press release is for informational purposes only and is not an offer to buy, or the solicitation of an offer to sell, any of the Securities and the Tender Offers do not constitute an offer to buy or the solicitation of an offer to sell Securities in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful.
About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 75,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care.
Contacts: |
Forward-Looking Statements
This press release contains certain estimates and other forward-looking statements (as defined under federal securities laws) regarding BD's performance, including in relation to the consummation of the Tender Offers. All such statements are based upon current expectations of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. With respect to forward-looking statements contained herein, a number of factors could cause actual results to vary materially. These factors include, but are not limited to, the factors discussed in BD's filings with the Securities and Exchange Commission. BD does not intend to update any forward-looking statements to reflect events or circumstances after the date hereof, except as required by applicable laws or regulations.
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SOURCE BD (Becton, Dickinson and Company) | https://www.whsv.com/prnewswire/2022/08/22/bd-announces-early-tender-results-upsizing-offer-subcap/ | 2022-08-22T12:48:01Z |
GREENSBORO, N.C., Aug. 22, 2022 /PRNewswire/ -- Tencarva Machinery Company ("Tencarva" or the "Company"), the Southeast's premier value-added distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets, announced today that it has acquired Fischer Process Industries ("Fischer Process"), a leading distributor of pumps, valves and process equipment. Fischer Process's existing management team, including President Ken Fischer, will remain with the company. Tencarva is a portfolio company of Bessemer Investors LLC ("Bessemer"), a New York-based investment firm. Financial terms of the transaction were not disclosed.
Ed Pearce, President of Tencarva, said, "Fischer Process Industries has a long track record of success, a skilled management team and strong service capabilities. The partnership brings the addition of valves to Tencarva's product line and gives us access to new markets in Indiana, Kentucky and Ohio while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which will also join us, are the perfect complement to Tencarva's existing platform, which we plan to continue expanding through strategic acquisitions."
Headquartered in Loveland, Ohio, with additional locations in Alpharetta, Georgia, Owensboro, Kentucky, Marietta, Ohio, and Indianapolis, Indiana, Fischer Process serves customers in Ohio, Indiana, Kentucky, West Virginia and Georgia. Fischer Process offers full applications engineering capability and complete repair and service centers for rotating equipment and liquid handling equipment in each of its locations.
Mr. Fischer commented, "We're very excited about our partnership with Tencarva, which allows us to run a larger platform with the benefit of scale as we grow our business. Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities in addition to improving back-office efficiencies."
About Tencarva Machinery Company
Tencarva was founded in Greensboro, North Carolina in 1978 with the mission of providing pumps and associated liquid handling equipment to industrial customers. Tencarva has increased its capabilities, added new suppliers, expanded geographies and enhanced its product portfolio, entering the municipal market in 2006. Today, Tencarva employs over 380 employees, including over 100 employee shareholders, across 28 locations in the Southeast. Tencarva also goes to market under the following brands throughout the Southeast: Southern Sales, Saladin Pump & Equipment, Hudson Pump & Equipment, ESSCO Service & Sales, and Uniguard Machine Guards. For more information, please visit https://www.tencarva.com.
About Fischer Process Industries
Fischer Process Industries is a leading distributor of pumps, valves, and process equipment servicing Ohio, Indiana, Kentucky, West Virginia and Georgia. With a 30,000 sq. ft. headquarters located in Loveland, Ohio, Fischer Process Industries also has 10,000 sq. ft. locations in Alpharetta, Georgia covering the southeast; Owensboro, Kentucky covering Central & Western Kentucky and Southern Indiana; and Marietta, Ohio covering West Virginia, Southeast Ohio, and Eastern Kentucky. All locations offer full applications engineering capability and complete repair and service centers for rotating equipment and liquid handling equipment. For more information, please visit https://www.fischerprocess.com.
About Bessemer Investors
Bessemer Investors is a New York-based investment firm focused on partnering with middle market businesses to support growth and enhance value creation. Bessemer differentiates itself by combining a long-term, flexible capital base with a team of experienced private equity professionals. This approach offers unique solutions to Bessemer's partners and the flexibility to maximize long-term value. For further information, please visit https://www.bessemerinvestors.com.
Contact:
Joanne Lessner
Lambert
212-222-7436
jlessner@lambert.com
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SOURCE Bessemer Investors LLC | https://www.whsv.com/prnewswire/2022/08/22/bessemer-backed-tencarva-machinery-company-acquires-fischer-process-industries-leading-distributor-pumps-valves-process-equipment/ | 2022-08-22T12:48:08Z |
THE WOODLANDS, Texas, Aug. 22, 2022 /PRNewswire/ -- BJ Energy Solutions has entered into a fracturing services agreement to provide Comstock Resources with its second TITAN™ next-generation fracturing fleet. The fleet will be deployed to Comstock's Haynesville operation in early 2023.
BJ Energy executed a contract with Comstock for its first TITAN Fleet, which was delivered in April 2022. "On the first-two pads that were completed using the TITAN fleet, we eliminated 1.4 million gallons of diesel fuel replaced by cleaner burning natural gas. The environment was positively impacted by removing approximately 2,000 metric tonnes of greenhouse gas emissions," said Dan Harrison Comstock COO. "This fleet has played a key role in helping us minimize our completion cost as the cost of diesel has increased significantly. The completions cost on those first two pads were reduced by 15% compared to using one of our conventional diesel fleets. Based on the initial results, we entered into a contract with BJ Energy for a second TITAN natural gas-powered fleet," said Harrison.
Targeting emissions reduction, operational efficiencies, improved economics, and a reduction in equipment footprint, the core of BJ's next-generation fracturing fleet, the TITAN, includes direct drive 5,000 Horsepower natural gas-fired turbine driven pumps, capable of delivering the most efficient 'power to pump' combinations available. Beginning in late 2022, BJ will launch additional technologies to complement the TITAN Pumping platform, including a 4 MW Mobile Power Generation Unit to power the Electric TruDuo Blender and other modularized equipment.
"The BJ Energy and Comstock teams have a history of working collaboratively to solve new industry related challenges. Our Team is excited that Comstock has realized the value in TITAN so early in the operations lifecycle and have chosen to secure a second fleet that will support their operation through early 2026," said Warren Zemlak, CEO of BJ Energy.
About BJ Energy Solutions
With a rich legacy beginning in 1872, BJ has 150 years of technology innovation. Today, BJ Energy's strategy is to champion sustainable products and emissions reduction through the investment, development, and commercialization of technologies that reduces carbon footprint. BJ's latest introduction of the TITAN technology platform supports the industry's endeavor to continually improve its environmental impact and social responsibilities. For more information, please visit our website at www.bjenergy.com.
About Comstock
Comstock Resources is a leading independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas. For more information, please visit Comstock's website at www.comstockresources.com.
BJ Energy Solutions Company Contact:
Ernesto Bautista III
Chief Financial Officer
ebautista@bjenergy.com
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SOURCE BJ Energy Solutions | https://www.whsv.com/prnewswire/2022/08/22/bj-energy-solutions-comstock-resources-enter-into-second-multi-year-titan-next-generation-fracturing-services-agreement/ | 2022-08-22T12:48:14Z |
New FDA update enables more people to donate at this critical time
As a thank you, donors will receive a $6 gift card for a gallon of gas plus a chance to win a year's supply
SCOTTSDALE, Ariz., Aug. 22, 2022 /PRNewswire/ -- Continued strong patient needs for blood have depleted Vitalant's supply by nearly 50% since the start of summer, creating an emergency shortage across the country.
As the Labor Day holiday weekend approaches, when fewer donors are typically available, the nonprofit blood services provider to about 900 hospitals nationwide, urges all eligible donors to schedule an appointment now for the coming days and weeks.
"Hospitals need people to donate during these critical weeks," said Vitalant Chief Medical and Scientific Officer Dr. Ralph Vassallo. "Patient blood needs don't conform to a predictable schedule. Several patients may experience emergencies, while a planned surgery could suddenly require dozens of units of blood for one patient. Hospitals must have blood available to take care of everyone."
The emergency shortage is acute for type O, which is the most frequently transfused blood type. In recent days, O-positive blood has frequently fallen to just one-day's supply. Appointments for all blood types are needed to achieve a sufficient four-day supply of all blood types.
The Food and Drug Administration (FDA) recently changed eligibility requirements; previously, donors were unable to donate if they had traveled to France, Ireland or the United Kingdom due to the risk of variant Creutzfeldt-Jakob disease (vCJD), also known as mad cow disease. Now, these donors are eligible to donate with Vitalant, assuming they meet all other eligibility criteria.
"We are eager to welcome the tens of thousands of donors who have recently become eligible to give blood due to the FDA's updated guidance," said Cliff Numark, Vitalant senior vice president. "We also encourage everyone who at one time may have been told they couldn't give blood to take another look at current eligibility requirements, as this is just one of several updates over the past few years."
To check eligibility criteria, make an appointment and help save lives, please visit vitalant.org, download and use the Vitalant app or call 877-25-VITAL (877-258-4825). Those who come to give through Aug. 31 will receive a $6 prepaid gift card to spend on a gallon of gas or whatever they wish, redeemable by email, in addition to being automatically entered to win big, one of five, $3,000 prepaid gift cards*.
*Terms and conditions apply. See vitalant.org/augustappreciation for official rules.
Vitalant ("Vye-TAL-ent") is the nation's largest independent, nonprofit blood services provider exclusively focused on providing lifesaving blood and comprehensive transfusion medicine services for about 900 hospitals and their patients across the U.S. Every day, Vitalant needs to collect nearly 5,000 blood, platelet and plasma donations to help save lives. For more information and to schedule a donation appointment, visit vitalant.org or call 877-25-VITAL (877-258-4825). Follow us on Facebook, Twitter and Instagram.
Contact: 480-675-5413
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SOURCE Vitalant | https://www.whsv.com/prnewswire/2022/08/22/blood-emergency-vitalant-supply-falls-by-nearly-50/ | 2022-08-22T12:48:22Z |
STONECREST, Ga., Aug. 22, 2022 /PRNewswire/ -- A protest will be held on Monday, August 22nd at 3120 Stonecrest Blvd., in opposition to IDI Logistics' proposed 2 million square foot warehouse. Residents and supporters for the preservation of natural resources, clean air, soil, and water denounce another corporate industry that will add more pollution to the area.
Malaika Wells President and CEO of SCC stated, "The Stonecrest Citizens Coalition supports concerned and civically engaged citizens in Stonecrest. I we believe that this event will spark increased dialogue between the City of Stonecrest and its citizens, and inspire the administration to craft development guidelines that center citizen voice and protect our environment and natural resources."
African Americans, Latino, Hispanic, rural, and disenfranchised people reside in locations which are continuously inundated with corporate entities spreading toxic emissions from diesel trucks. Diesel trucks are the largest transportation polluters on the road according to the Environmental Protection Agency.
"Communities of color are located alongside highways and are subjected to elevated levels of pollution," according to Lee Culpepper, a concerned resident of the area.
Citizens for a Healthy and Safe Environment President Renee Cail states, "The protest will inform the community about toxic emissions from diesel trucks such as carbon dioxide, a greenhouse gas that is driving climate change." Emissions from trucks such as nitrogen dioxide are linked to lung cancer, heart disease and premature death according to the E.P.A.
Media Contact:
RENEE CAIL 770-559-9669
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SOURCE Blue Ridge Environmental Defense League Inc | https://www.whsv.com/prnewswire/2022/08/22/blue-ridge-environmental-defense-league-announces-protest-august-22-2022-3120-stonecrest-blvd-stonecrest-ga-30038-6pm/ | 2022-08-22T12:48:29Z |
New York's Petri Plumbing, Heating, Cooling & Drain Cleaning says saving money on utility bills while conserving water can be achieved by implementing a few simple tips
BROOKLYN, N.Y., Aug. 22, 2022 /PRNewswire/ -- With the cost of utility bills on the rise in New York, the plumbing experts at Petri Plumbing, Heating, Cooling & Drain Cleaning, a family-owned home service company serving Brooklyn and Manhattan for more than a century, say homeowners can save money and conserve water by changing their water use habits and considering some minor plumbing upgrades.
"Infrastructure improvements and the cost of supplies, in general, have water prices on the rise just like many other daily necessities," said Michael Petri, owner of Petri Plumbing, Heating, Cooling & Drain Cleaning. "But, there are easy ways you can reduce your consumption, which will help reduce your water bill and protect a precious resource we all rely on each day."
Petri said homeowners can do the following to reduce their utility bills:
- Don't let water run while shaving or brushing teeth. Turning off the water while completing these tasks can save up to four gallons of water per day per person. Depending on the number of individuals in the household, this can amount to hundreds of gallons saved each month.
- Take shorter showers. A cool shower may feel good on a hot, summer day, but cutting showers down by just four minutes can save a homeowner up to 4,000 gallons a year.
- Install a low-flow showerhead and low-flush toilet. A low-flow showerhead can help cut water consumption by as much as 50% while a low-flush toilet can reduce water use by as much as 13,000 gallons of water a year.
- Wait until the laundry basket and dishwasher are full. Don't run the washing machine or dishwasher until they are full. This will reduce the number of times homeowners have to run these appliances, which will save water every month.
- Don't handwash dishes before putting them in the dishwasher. Most newer dishwashers can handle some food debris. If a dish has stuck-on food particles, run some water in the sink with the drain closed and let the dish soak instead of washing it under constantly running water.
- Water outdoor plants at dawn or dusk. In the afternoon, water on the ground can evaporate so quickly that the plant does not have time to soak it up. By watering in the morning or evening, plants have a longer time to absorb water.
"We can all do our part to lower our water consumption, which is great for the planet," Petri said. "And, if you follow a few simple steps to reduce your water use, you will also be able to save some money, which is great for your wallet."
Petri Plumbing, Heating, Cooling & Drain Cleaning is a family owned and operated business serving Brooklyn and the New York City area. Founded in 1906, the company offers a 100 percent guarantee on all services, upfront pricing, and friendly and knowledgeable Service Experts for all kinds of home and business plumbing and heating needs. Services offered include water and gas pipe leak repair and installation, fixture installations, inspections, boiler repair, water heater installation, complete bathroom, kitchen, laundry & utility room remodeling and more. Petri is also licensed and certified by Green Plumbers USA, the first in New York City to receive this designation. For more information, please visit www.petriplumbing.com or call (718) 717-1089.
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE Petri Plumbing & Heating, Inc. | https://www.whsv.com/prnewswire/2022/08/22/brooklyn-plumbing-experts-offer-tips-reduce-residential-water-bills-costs-continue-rise/ | 2022-08-22T12:48:35Z |
TEL AVIV, Israel, Aug. 22, 2022 /PRNewswire/ -- Cannbit-Tikun Olam Israel (TASE: TKUN), Israel's medical cannabis pioneer, today reported that the company's production facility in the north of Israel and cultivation farm at the Dead Sea were received the EU-GMP certification which, required for the commercial export of medical cannabis to Europe.
This certification will make it possible to implement the agreements with German pharmaceutical company, Fette Pharma, according to which Cannbit-Tikun Olam Israel will export its products to Germany, Austria, and Switzerland.
EU-GMP certification is required for the production, export, and marketing of pharmaceuticals throughout Europe; The certificate also applies to medical cannabis products that are defined in the European Union as pharmaceutical products available by medical prescription. The new certification will allow the company to implement the production and marketing agreements it signed to produce medical cannabis products and develop innovative administration methods that can be implemented for the various medical uses of cannabis.
As part of this effort, the company will act to sign additional global production agreements, through which the company's line of products based on clinical research will be marketed in commercial quantities worldwide.
The company is joining the highly select group of international medical cannabis companies with EU-GMP certification, which enables export and market according to the emerging global regulation.
Avinoam Sapir, CEO of Cannbit-Tikun Olam said, "Receiving the prestigious European certification is the company's most important strategic move to date and is a true breakthrough for our company and the entire Israeli cannabis industry. Now having the certificate, we can provide an alternative for some chemical drugs, which is a clinically proven solution to improve patients' quality of life worldwide.
From now on, our clinical research-based indication-specific products and in the future unique and innovative administration forms will be sold in European pharmacies, I invite pharmaceutical companies to join us to plant the seeds of the future."
About Cannbit – Tikun Olam Israel
Tikun Olam Israel was founded in 2006 and was acquired Cannbit Pharmaceuticals in 2019 The company is Israel's first and leading cannabis supplier, engaged in breakthrough clinical research and recognized worldwide as a modern medical cannabis industry pioneer. Since its establishment, Tikun Olan Israel has treated tens of thousands of patients in Israel with various diseases, from children to the elderly, and has the most extensive experience in the world in treating patients and alleviating their suffering through medical cannabis. The company has over 15 years of clinical research experience and over 35 clinical and preclinical studies, many of which have been published in the world's most prestigious scientific publications. The company operates down the entire length of the medical cannabis value chain, ensuring an ecosystem that combines the values of sustainability, continuity of care and standardization of the quality of its products.
For more information: Elianah@tikun-olam.org.il
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SOURCE Tikun Olam Cannbit | https://www.whsv.com/prnewswire/2022/08/22/cannbit-tikun-olam-israel-received-eu-gmp-certification-german-federal-ministry-health-production-export-market-medical-cannabis-europe/ | 2022-08-22T12:48:42Z |
TORONTO, Aug. 22, 2022 /PRNewswire/ - Canntab Therapeutics Limited (CSE: PILL) (OTCQB: CTABF) (FRA: TBF1) (the "Company" or "Canntab") a leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to provide an update on its recent product delivery of our unique pharmaceutical cannabinoid solutions to the Nova Scotia Liquor Corporation (the "NSLC").
On August 15th, 2022, Canntab completed its first shipment of 5mg and 10mg THC InstaCann tablets to the NSLC, totaling 300 bottles of each SKU. These products are now available on the NSLC's online platform and will be available in their brick-and-mortar stores starting today, August 22nd, 2022.
"This is a continuation of our efforts to expand our sphere of influence across not only Ontario, but the rest of the Canadian provinces," says Richard Goldstein, co-founder, CFO, and interim CEO. Mr. Goldstein continues, "while we have our online ecommerce store open for our medical patients, getting into more retail locations while also being listed with the NSLC's online platform is another positive move for Canntab. We are leaders in the oral delivery system of cannabis in the market today."
Canntab is a Canadian phytopharmaceutical company focused on the manufacturing and distribution of a suite of cannabinoid tablet formulations in multiple doses and timed-release combinations. Long referred to as Cannabis 3.0 by the Company, Canntab's proprietary cannabinoid tablet formulations provide doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world. These include once a day and extended-release formulations, both providing an accurate dose and improved shelf stability.
Canntab holds a Cannabis Standard Processing & Sales for Medical Purposes License and a Cannabis Research License.
Canntab trades on the Canadian Securities Exchange under the symbol PILL, on the OTCQB under the symbol CTABF, and on the Frankfurt Stock Exchange under the symbol TBF1.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company's proprietary hard pill cannabinoid formulations providing doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world; the Company's product offerings to include once a day and extended-release formulations, both providing an accurate dose and improved shelf stability; and the 5mg and 10mg THC InstaCann tablets' availability at the NSLC's brick-and-mortar stores beginning on August 22, 2022, and their continued availability on the NSLC's online platform and brick-and-mortar stores.
Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company's proprietary hard pill cannabinoid formulations providing doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world; the Company's product offerings to continue to include once a day and extended-release formulations, that provides an accurate dose and improved shelf stability; and the 5mg and 10mg THC InstaCann tablets' being available at the NSLC's brick-and-mortar stores beginning on August 22, 2022, and their continued availability on the NSLC's online platform and brick-and-mortar stores.
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, including but not limited to: the potential inability of the Company to continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Company's operations; competition within the industry; risks that the Company will be unable to execute its plans and/or meet its goals; risk that the Company will not grow as anticipated; risks that consumers will not purchase its products; the Company's proprietary hard pill cannabinoid formulations' inability to provide doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world; the Company's product offerings to no longer include once a day and extended-release formulations, that provides an accurate dose and improved shelf stability; and the risks of the 5mg and 10mg THC InstaCann tablets' not being available at the NSLC's brick-and-mortar stores beginning on August 22, 2022, and the risks the tablets' being removed from the NSLC's online platform and brick-and-mortar stores.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
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SOURCE Canntab Therapeutics Limited | https://www.whsv.com/prnewswire/2022/08/22/canntab-announces-its-entrance-into-nova-scotia-cannabis-market/ | 2022-08-22T12:48:48Z |
The acquisition is on behalf of a Delaware statutory trust investment offering that seeks to raise $46.5 million in equity from accredited investors
WASHINGTON, Aug. 22, 2022 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of Rivergate, a luxury 402-unit multifamily community in the Washington, D.C. suburb of Woodbridge, Virginia. The community was acquired on behalf of CS1031 Rivergate Apartments, DST.
"I thought it could not get any better than the acquisition of Class A+ 2000 West Creek in 2019 for $103 million for Capital Square's 1031 exchange/DST program, but then we continued to acquire a large portfolio of comparable Class A+ apartment communities and, now, Rivergate Apartments in Woodbridge, Virginia," said Louis Rogers, founder and chief executive officer of Capital Square. "These Class A+ acquisitions perfectly fit the DST acquisition strategy of buying best in class multifamily assets for stable returns and capital appreciation. The acquisition of best-in-class assets demonstrates the maturation of the DST industry."
Located at 13175 Marina Way, along the picturesque Occoquan River in the Potomac River basin, Rivergate is in a scenic area with excellent community amenities that include a resort-style swimming pool and sundeck, a rooftop terrace with cabanas, outdoor sofas and a bar, a courtyard with a firepit, gas grilling stations, a state-of-the-art fitness center, two resident clubrooms, a business center, a paw spa with a self-service wash and grooming suite, a volleyball court, kayak and bicycle storage, a multi-level parking garage, a package concierge, on-site management and maintenance and controlled access.
The Greater Washington, D.C. and Northern Virginia economy has experienced consistent growth and diversification over the past several years, supported by the federal government and largely devoid of highly cyclical industries. The area is home to several international companies, including Amazon, Booz Allen Hamilton, Capital One Entities, Freddie Mac, GEICO, Hilton Worldwide Holdings, Inc., Marriott International and Northrop Grumman.
"Rivergate is ideally located in a thriving economic sector of Northern Virginia that continues to enjoy significant employment growth and will soon welcome Amazon, which will open its second global headquarters nearby in 2023," said Whitson Huffman, chief strategy and investment officer. "The Amazon facility is just 20 miles from Rivergate and is expected to employ 25,000 people. Amazon joins a host of other major international companies that call the region home."
Rivergate is just four miles from both the 183-bed Sentara Northern Virginia Medical Center and a new, $200 million Kaiser Permanente medical center. Together, these employers support approximately 1,500 workers.1
Potomac Mills, Virginia's largest enclosed outlet shopping and dining destination with more than 200 storefronts and restaurants, is just five miles from Rivergate. Stonebridge at Potomac Town Center, a 500,000-square-foot open-air lifestyle center, is just six miles from the property. Stonebridge features a Wegmans Food Market, full-service health club, Alamo Drafthouse Cinema, and a splash pad water park for children. Rivergate residents enjoy ready access to both Ronald Reagan Washington National Airport, situated 20 miles northeast of the property, and Dulles International Airport, located 30 miles to the northwest.
CS1031 Rivergate Apartments, DST seeks to raise $46.5 million in equity from accredited investors and has a minimum investment requirement of $50,000.
Since its founding in 2012, Capital Square has acquired 153 real estate assets for over 6,000 investors seeking quality replacement properties that qualify for tax deferral under Section 1031 of the Internal Revenue Code and other investors seeking stable cash flow and capital appreciation.
Source: 1. Newmark, 2022.
About Capital Square
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exclusion and a real estate investment trust (REIT). In recent years the company has become an active developer of mixed-use multifamily properties in the southeastern US, with eight current projects totaling approximately 2,000 apartment units with a total development cost in excess of $600 million. Since 2012, Capital Square has completed more than $6.0 billion in transaction volume. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high-net-worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for six consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.
Disclaimer: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.
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SOURCE Capital Square | https://www.whsv.com/prnewswire/2022/08/22/capital-square-acquires-multifamily-community-near-washington-dc-dst-offering/ | 2022-08-22T12:48:55Z |
CHICAGO, Aug. 22, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Tracy Schaefer to senior vice president and chief information officer, effective today, August 22, 2022.
"Tracy has a strong track record of delivering excellent results in finance, information technology and global business services," said Dave Marberger, chief financial officer, Conagra Brands. "Her deep understanding of the business, strategic mindset, and exceptional leadership skills will all be critical as we continue to work across the enterprise to deliver on our strategic plans."
Tracy joined Conagra in 2001 as a financial analyst and has served in a variety of leadership roles in multiple functional areas as well as transformative, enterprise-wide initiatives. She attended Drake University where she earned her degree in accounting and serves on the board of the Institute of Career Advancement (ICAN).
Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye®, Marie Callender's®, Banquet®, Healthy Choice®, Slim Jim®, Reddi-wip®, and Vlasic®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.conagrabrands.com.
For more information, please contact:
media@conagra.com
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SOURCE Conagra Brands, Inc. | https://www.whsv.com/prnewswire/2022/08/22/conagra-brands-promotes-tracy-schaefer-chief-information-officer/ | 2022-08-22T12:49:02Z |
Benson Asphalt Plant to Serve Multiple Market Areas
DOTHAN, Ala., Aug. 22, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has commenced operations at a new hot-mix asphalt plant site in Benson, North Carolina.
Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "The new Benson plant is a prototypical greenfield for us, whereby we expand into an adjacent market based on project opportunities and market dynamics. From Benson, we expect to be able to serve the fast-growing Johnston and Harnett County suburbs of the Triangle metro area of Raleigh-Durham. Consistent with our continued long-term growth strategy, greenfields such as this one in Benson are a key driver of organic growth and building shareholder value. We will continue to evaluate future investment opportunities that leverage our strong organizational footprint throughout the Southeast."
About Construction Partners, Inc.
Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across five southeastern states. Supported by its hot-mix asphalt plants, aggregate facilities and liquid asphalt terminal, the company focuses on the construction, repair and maintenance of surface infrastructure. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. The company also performs private sector projects that include paving and sitework for office and industrial parks, shopping centers, local businesses and residential developments. To learn more, visit www.constructionpartners.net.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained herein that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Securities Exchange Act of 1934. These statements may be identified by the use of words such as "seek" "continue," "estimate," "predict," "potential," "targeting," "could," "might," "may," "will," "expect," "should," "anticipate," "intend," "project," "outlook," "believe," "plan" and similar expressions or their negative. The forward-looking statements contained in this press release include, without limitation, statements relating to the benefits of a new business location and the expected results of the new location. These and other forward-looking statements are based on management's current views and assumptions and involve risks and uncertainties that could significantly affect expected results. Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements are set forth in the Company's most recent Annual Report on Form 10-K, its subsequent Quarterly Reports on Form 10-Q, its Current Reports on Form 8-K and other reports the Company files with the SEC. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.
Contact:
Rick Black
Dennard Lascar Investor Relations
ROAD@DennardLascar.com
(713) 529-6600
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SOURCE Construction Partners, Inc. | https://www.whsv.com/prnewswire/2022/08/22/construction-partners-inc-announces-north-carolina-greenfield/ | 2022-08-22T12:49:09Z |
Housing Activity Expected to Soften Through 2023 Due to Higher Mortgage Rates and Home Price Gains
WASHINGTON, Aug. 22, 2022 /PRNewswire/ -- Tightening monetary policy and elevated inflation remain the primary causes of a stagnating economy despite strong job growth, according to the August 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group's latest forecast of real gross domestic product (GDP) growth for full-year 2022 and 2023 remained essentially flat compared to last month at 0.0 percent and negative 0.4 percent, respectively. The continued expectation that real GDP growth will be negative beginning in 2023 is due to the combined effects of tighter monetary policy weighing on business and residential investment and still-elevated inflation weighing on consumer spending. The ESR Group does expect inflation to slow gradually, with the headline Consumer Price Index forecast to average 7.2 percent annually by year-end 2022 and 1.8 percent by year-end 2023, but it notes the precariousness of predicting headline inflation due to energy price volatility and the possibility of renewed supply chain or manufacturing disruptions. The core personal consumption expenditure price index, the focus of the Federal Reserve, is expected to end 2023 at 2.9 percent.
The ESR Group expects total home sales to decrease 16.2 percent in 2022. This decline represents a further downward revision from last month's forecast of a 15.6 percent drop, as recent incoming data point to a faster slowdown in near-term sales than previously expected, despite mortgage rates having moved lower over the last few months. The latest forecast also projects total mortgage origination activity at $2.47 trillion in 2022, down from $4.47 trillion in 2021, and then a further reduced $2.29 trillion in 2023.
"The economy is progressing largely as we'd previously forecast," said Doug Duncan, Fannie Mae Senior Vice President and Chief Economist. "The near-term decline in gas prices has given consumers a chance to catch their breath and shift some spending elsewhere. Likewise, lower interest rates at the longer end of the yield curve should be supportive of the economy through the end of 2022, which is why we're forecasting modest economic growth in the second half. However, we maintain the view that a modest recession is likely to emerge in the new year as the labor market softens and the effects of tighter monetary policy are more acutely felt."
Duncan continued: "Housing remains clearly on the downtrend – and has been for several months now – due to the combined effects of outsized home price increases and the significant and rapid run-up in mortgage rates. The question for many market observers is how quickly, and with how much additional tightening, the core inflation rate will come down to the Fed's preferred target. In our view, the labor market's continued strength suggests that the Fed is likely to maintain its aggressive posture through the end of the year."
Visit the Economic & Strategic Research site at fanniemae.com to read the full August 2022 Economic Outlook, including the Economic Developments Commentary, Economic Forecast, Housing Forecast, and Multifamily Market Commentary. To receive e-mail updates with other housing market research from Fannie Mae's Economic & Strategic Research Group, please click here.
Opinions, analyses, estimates, forecasts, and other views of Fannie Mae's Economic & Strategic Research (ESR) group included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR group bases its opinions, analyses, estimates, forecasts, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, and other views published by the ESR group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
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SOURCE Fannie Mae | https://www.whsv.com/prnewswire/2022/08/22/economy-constrained-by-competing-effects-elevated-inflation-strong-labor-market/ | 2022-08-22T12:49:16Z |
The endomina system, a new suturing tool for endoscopists, is designed to enable less invasive procedures and expand treatment options for more patients
GOSSELIES, Belgium, Aug. 22, 2022 /PRNewswire/ -- Endo Tools Therapeutics (ETT), developers of advanced endoscopic medical devices, today announced first U.S. commercial cases of the endomina® system. The system is designed for endoscopic placement of suture(s) and approximation of soft tissue in the gastrointestinal tract. The first endomina procedures were performed by Dr. Chris Thompson and Dr. Pichamol Jirapinyo at Brigham and Women's Hospital in Boston, MA.
"We are thrilled to be the first hospital in the U.S. to perform gastric procedures using the endomina system. The system offers a minimally invasive option with a large working space to approximate very large plications," said Dr. Thompson. "I look forward to incorporating endomina into my daily practice, as I found it particularly easy to learn and use due to its unique design."
The endomina system is comprised of a triangulation platform and suturing units (TAPES). It can be affixed to various tested standard endoscopes, providing a bendable therapeutic channel that can move independently. Physicians will be able to perform suturing like a laparoscopic intervention but through a natural orifice, the mouth. The endomina system is the only technology that can be assembled on the endoscope in the stomach for a greater working space and easy introduction of instruments into the esophagus.
"We are delighted the endomina system is now available to patients and physicians in the U.S. market," said Alexandre Chau, chief executive officer, Endo Tools Therapeutics. "The successful completion of these first cases in the U.S. demonstrates potential for this technology to improve the lives of patients undergoing gastric surgery."
The endomina system is CE marked and has received 510k clearance in the U.S. More than 500 procedures have already been performed with the company's devices globally.
About Endo Tools Therapeutics
Located in Gosselies, Belgium, Endo Tools Therapeutics S.A. (ETT) mission is to develop advanced, incisionless, minimally invasive medical devices for gastroenterologists to use with standard endoscopes. The company targets indications that cannot be performed with standard gastroscopes, such as endoscopic suturing and tissue apposition. ETT closed $9.5 million in series D funding in January 2021.
For more information, please visit www.endotools.com
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SOURCE Endo Tools Therapeutics (ETT) | https://www.whsv.com/prnewswire/2022/08/22/endo-tools-therapeutics-announces-first-us-commercial-cases-endomina-system/ | 2022-08-22T12:49:22Z |
MILWAUKEE, Aug. 22, 2022 /PRNewswire/ -- After a careful selection process between thousands of outstanding applicants, Inc. chose FAB CBD to place 1718 in their ranking of the 5000 fastest growing private companies of 2022.
Here is where we landed on each list:
- 6 in Milwaukee
- 17 in Wisconsin
- 24 in Midwest
- 127 in Consumer Packaged Goods
- 1718 in "Inc. 5000 Fastest Growing Companies in America"
Obtaining a spot on this coveted list of hard working entrepreneurs is considered a major achievement in the business world. While any business is able to apply for consideration, not all businesses will make the list.
The application process is lengthy, detailed and consists of the main application, three years of tax returns, and financials that have been signed by a CPA. Once the application is reviewed, the team at Inc. will decide if that business makes the cut for that year's Inc. 5000 ranking of the fastest-growing companies in America.
Some famous alumni from past lists include Grubhub, SkullCandy, and Kind Snacks. And now, FAB CBD also has the distinction and honor of being identified as a company that thrives in the face of adverse economic conditions. In fact, FAB CBD has had a 360% total three-year growth.
What Criteria Makes Businesses Eligible to Apply for the List?
When ranking the top 5000 privately-held businesses across America, Inc. takes a serious look at their overall three-year revenue growth rates and other metrics:
High Praise for FAB CBD
- Measurable revenue by March 31, 2017 and have grossed at least $100,000 in revenue that year
- Minimum revenue threshold of $2 million in 2020
- Privately held business that's located in the United States and is independently owned
FAB CBD, whose founder's email tagline is, "Hyper focused on making an impact," is a customer-centered CBD brand that employs science and innovation to create pure and potent products that consumers love.
The FAB CBD product line to date includes CBD oils, topical cream and salve, gummies, complete cannabinoid softgels, and dog treats.
The mission at FAB has always been simple and direct. The brand crafts top quality products while providing caring and thorough customer service, all in seeking to support a new generation of people who live a preventative lifestyle while giving back to the community in a meaningful way.
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SOURCE FAB CBD | https://www.whsv.com/prnewswire/2022/08/22/fab-cbd-honored-inc-5000-ranking/ | 2022-08-22T12:49:29Z |
- 148% Increase in 1H 2022 Revenue Compared to 1H 2021
- 49% of Revenue Generated from New Growth Segments
- 5.7% Expansion in 1H 2022 Gross Profit Compared to 1H 2021
- $170.6 Million in Total Stockholders' Equity at March 31, 2022
LISHUI, China, Aug. 22, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier in China, today announced its unaudited financial results for the six months ended March 31, 2022, with record revenue generated by new growth segments.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We are very pleased with the 148% increase in revenue we drove for the first half of fiscal 2022, which represents a record revenue level for Farmmi. We achieved growth in our core segments, while generating nearly half of our revenue from new agricultural segments. Because our new cotton and corn businesses layer on top of our existing revenue streams, this is completely additive revenue that expands the breadth of our product lines, which we believe will further strengthen our existing customer relationships and attract important new customers. While we are pleased with our continued execution and accelerated growth, our results would have been even stronger absent rolling pandemic related shutdowns in China, higher logistics costs, supply chain constraints and a higher cost of goods. We worked hard to mitigate the macro weakness and impact of global inflation with price increases and efforts to increase efficiencies company-wide, while at the same time leveraging our competitive advantages, including premium product quality, stable and experienced employees, favorable production locations and strong relationships with our significant suppliers."
Looking forward, Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, concluded, "We are very optimistic about the strength and durability of our diversified business moving forward, our advantaged competitive position and the excellent fundamentals underlying the agricultural markets we serve worldwide. As part of our strategic efforts, we fortified our balance sheet, ending the first six months of 2022 with $170.6 million in total stockholders' equity. Actions we took to raise additional cash have helped insulate Farmmi from recent market volatility, while allowing us to remain focused on execution of our long-term growth strategy. Our stronger balance sheet gives larger domestic and international customers added confidence in Farmmi as a partner and allows us to accelerate investments in our organic business, while also pursuing strategic M&A opportunities. As an example, we saw the immediate benefit in the first half of 2022, with the added contribution from our new corn and cotton businesses. This also underscores our belief that with a market capitalization under $30 million, there is a clear disconnect in the valuation of our company, and our financial results, fundamentals and growth prospects. We are confident that, as we deliver further improvements in our financials, we will be able to drive a more appropriate valuation that rewards our shareholders."
Financial Highlights
Subsequent Event: On May 31, 2022, the Company consolidated its ordinary shares at the ratio of one-for-twenty-five. The authorized number of ordinary shares had been retrospectively adjusted from 600,000,000 ordinary shares, $0.001 par value, to 24,000,000 ordinary shares, $0.025 par value, and the issued and outstanding ordinary shares had been retrospectively adjusted from 597,780,383 ordinary shares to 23,906,985 ordinary shares and from 557,780,383 ordinary shares to 22,311,215 ordinary shares at March 31, 2022 and March 31, 2021, respectively.
Revenues
Total revenues for the six months ended March 31, 2022 increased by $25.2 million, or 148.4%, to $42.1 million from $17.0 million for the same period of last year, as the company benefitted from higher volumes, higher selling prices to offset increased product costs, and the contribution of new agricultural segments, primarily corn and cotton. Revenue from sales of Shiitake increased by $0.6 million or 6.3%, to $10.0 million for the six months ended March 31, 2022 from $9.4 million for the same period of last year. Revenue from sales of Mu Er increased by $3.7 million, or 50.7%, to $10.9 million for the six months ended March 31, 2022 from $7.2 million for the same period of last year. Revenue from sales of cotton increased by $10.3 million, or 100%, to $10.3 million for the six months ended March 31, 2022 from nil for the same period of last year. Revenue from sales of corn increased by $10.2 million, or 100%, to $10.2 million for the six months ended March 31, 2022 from nil for the same period of last year. Revenue from sales of other edible fungi and other agricultural products increased by $0.4 million, or 126.9%, to $0.8 million for the six months ended March 31, 2022 from $0.3 million for the same period of last year.
Cost of Revenues
Cost of revenues for the continued operations increased by $25.0 million, or 177.0%, to $39.2 million for the six months ended March 31, 2022 from $14.1 million for the year-ago period.
Cost of revenues of Shiitake for continued operations increased by $0.9 million, or 10.9%, to $8.7 million for the six months ended March 31, 2022 from $7.9 million for the same period of last year. Cost of revenue of Mu Er for continued operations increased by $3.5 million, or 57.5%, to $9.5 million for the six months ended March 31, 2022 from $6.0 million for the same period of last year. The increases were primarily attributable to the increases in sales volume, average unit costs, and the cost of raw materials.
Cost of revenue of cotton increased by $10.2 million, or 100%, to $10.2 million for the six months ended March 31, 2022 from nil for the same period of last year. Cost of revenue of corn increased by $10.1 million, or 100%, to $10.1 million for the six months ended March 31, 2022 from nil for the same period of last year. Both increases reflect the addition of new revenue streams and costs in support of those new businesses.
Cost of revenue of other edible fungi and agricultural products for the continued operation increased by $0.4 million, or 158.5%, to $0.7 million for the six months ended March 31, 2022 from $0.3 million for the same period of last year, as one-time costs were partially offset by lower costs related to a lower sales volume.
Gross Profit
Overall gross profit of the continued operations increased by $0.2 million, or 5.7%, to $3.0 million for the six months ended March 31, 2022 from $2.8 million in the year-ago period. Gross profit from sales of Shiitake decreased by $0.3 million, or 16.5%, to $1.3 million for the six months ended March 31, 2022 from $1.6 million for the same period of last year. Gross profit from sales of Mu Er increased by $0.2 million, or 16.5% to $1.4 million for the six months ended March 31, 2022 from $1.2 million for the same period of last year. Gross profit from sales of cotton increased by $91,912, or 100%, to $91,912 for the six months ended March 31, 2022 from nil for the same period of last year. Gross profit from sales of corn increased by $124,206, or 100%, to $124,206 for the six months ended March 31, 2022 from nil for the same period of last year. Gross profit from sales of other edible fungi and agricultural products increased by $4,049, or 5.7%, to $74,941 for the six months ended March 31, 2022 from $70,939 for the same period of last year. The increased gross profit reflects increased sales for the six months ended March 31, 2022, as compared to the prior period.
Overall gross margin of the continued operations decreased by 9.6 percentage points to 7.1% for the six months ended March 31, 2022 from 16.7% for the same period of last year.
Operating Expenses
Selling and distribution expenses of the continued operations decreased by $15,641, or 10.9%, to $127,345 for the six months ended March 31, 2022 from $142,986 for the same period of last year. General and administrative expenses of the continued operations increased by $1.5 million, or 92.0%, to $3.1 million for the six months ended March 31, 2022 from $1.6 million for the same period of last year. The increase was primarily attributable to the share-based compensation expenses of $1.2 million and other general expenses of $0.3 million.
Interest expense was $122,290 for the six months ended March 31, 2022, as compared to $21,364 for the same period of last year. The increase in interest expense was primarily attributable to the higher effective interest rate for the six months ended March 31, 2022 as compared effective interest rate for the same period of last year, which was partially offset by interest income from increased bank balances.
Net Income
As a result of the factors described above, net loss attributable to ordinary shareholders was $0.6 million for the six months ended March 31, 2022, a decrease of $2.0 million from net income of $1.4 million for the same period of fiscal year 2021.
Financial Condition
Total working capital as of March 31, 2022 was $159.3 million, with a cash balance of $15.3 million, total current assets of $162.6 million and current liabilities of $3.3 million.
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. The Company has recently expanded into agricultural product trading business, especially in the area of cotton and corn bulk trading. For further information about the Company, please visit: http://www.farmmi.com.cn/ir/.
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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SOURCE Farmmi, Inc. | https://www.whsv.com/prnewswire/2022/08/22/farmmi-reports-record-company-first-half-2022-revenue/ | 2022-08-22T12:49:35Z |
MIAMI, Aug. 22, 2022 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce Patrick Eldon as its newest Partner and Coach.
Eldon is an experienced chief executive and entrepreneur, serving as CEO of orderTalk Inc. from its launch as a SaaS company to its acquisition by Uber in 2018. Under Eldon's leadership, the company grew from a fledgling startup to a leading provider of digital ordering solutions for the restaurant industry, processing more than $1B in annual transactions. He led successful capital raises with both angel and venture capital investors, oversaw the expansion of the company to three continents, and led an exit process resulting in an acquisition by Uber Technologies.
"Patrick is an accomplished leader with the proven ability to Make BIG Happen. Having successfully helmed a tech startup from its launch to its acquisition by Uber, he is well-equipped to help other CEOs reach extraordinary growth," said Mark Moses, CEO and Founding Partner of CEO Coaching International. "I am very pleased that Patrick is joining our team of elite executive coaches."
"I am excited to leverage the experience and expertise that I have developed over the course of my career to help companies Make BIG Happen," Eldon said.
Eldon started his career as an attorney and partner in a South African law firm where he specialized in maritime law, the enforcement of mortgages on ocean going vessels, and commercial fraud litigation as it related to maritime mortgages. He served on the law firm's executive leadership committee as well as chaired the marketing committee.
Eldon is married, lives in New York, and is expecting his first child in 2022. He is passionate about travel, gym, and the arts. He is also an angel investor and enjoys mentoring entrepreneurs and companies looking to grow, having a deep understanding of the challenges they face.
Eldon was recently a featured guest on the CEO Coaching International podcast, where he discussed "5 Keys to Scaling a SaaS Business."
To schedule a complimentary introduction call with Patrick Eldon or another one of the CEO Coaching International coaches, visit: CEOCoachingInternational.com/Coach/Patrick-Eldon/
CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, CEO Coaching International has coached more than 1,000 CEOs and entrepreneurs in more than 60 countries and 45 industries. The coaches at CEO Coaching International are former CEOs, presidents, or executives who have made BIG happen. The firm's coaches have led double-digit sales and profit growth in businesses ranging in size from startups to over $10 billion, and many are founders that have led their companies through successful eight, nine, and ten-figure exits. Companies working with CEO Coaching International for three years or more have experienced an average EBITDA CAGR of 30.4% during their time as a client, more than three times the U.S. average and a revenue CAGR of 18.6%, nearly twice the U.S. average. For more information, please visit: https://www.ceocoachinginternational.com.
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SOURCE CEO Coaching International | https://www.whsv.com/prnewswire/2022/08/22/former-ceo-uber-acquired-saas-startup-joins-ceo-coaching-international/ | 2022-08-22T12:49:42Z |
Innovative partnership boosts the ability for companies to combat climate change at scale
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, and Climate Vault, an award-winning non-profit founded at the University of Chicago today announced they are combining Genpact's technology and digital transformation expertise with Climate Vault's quantifiable, integrated approach to carbon reduction and removal. This partnership will address an urgent need for climate action and empower more organizations to accelerate their journeys to carbon neutrality.
Despite unprecedented demand among business leaders, consumers, and investors for carbon-neutral products and services, the market lacks a matching supply of credible, effective solutions to achieve those objectives. Climate Vault is the world's first, verifiable, and integrated solution that enables organizations to not only reduce carbon effectively, but also remove carbon from the atmosphere – all in a fast, easy, and credible way. Founded by business leaders and Milton Friedman distinguished service professor of economics at the University of Chicago and former White House economic advisor, Michael Greenstone, Climate Vault's market-based solution is uniquely designed for climate-conscious organizations.
In this innovative collaboration, Climate Vault will embed Genpact's digital technologies and process expertise to boost its carbon reduction and removal solution. Through the Genpact-Climate Vault partnership, companies will gain wider access to carbon reduction from regulated carbon compliance markets with accurate, dynamic, real-time pricing, enabling greater access at scale to industry-leading and independently verified carbon removal programs. By leveraging Climate Vault's carbon reduction solution, organizations will automatically gain access to the limited supply of carbon removal technologies, providing an immediate and transformative impact.
"Climate change is an existential global crisis, and at its core, it is a data and transformation challenge. Leveraging digital technologies and data to build a frictionless platform for carbon reduction and removal is key to advancing the sustainability agenda at scale," said Sanjay Srivastava, chief digital strategist, Genpact. "Our partnership reflects Genpact's commitment to social impact and climate action. With our experience and expertise in digital transformation, we bring the talent and technology Climate Vault needs to offer more organizations a smoother path toward carbon neutrality."
Climate Vault is a high-growth 501(c) (3) start-up. It is a breakthrough solution that has driven significant impact since its inception in 2021 and is poised for scaling. In just over a year, the company has reduced 0.75 million metric tons of carbon emissions, the equivalent of preventing 72,000 cars from driving around the planet.
"Organizations face mounting pressure from customers, employees, investors, and regulators to take credible climate action," said Michael Greenstone, co-founder of Climate Vault, Milton Friedman distinguished service professor of economics at the University of Chicago, and former White House senior economic advisor. "This is the perfect moment to partner with Genpact with its world-class digital transformation capabilities. Together we will dramatically expand the reach, speed, and impact of our unique carbon reduction and removal solution, helping to slow and even reverse climate change."
Genpact continues to further its purpose, the relentless pursuit of a world that works better for people, by leveraging its expertise towards addressing societal issues. From helping tackle food insecurity to partnering with Formula E team Envision Racing to win races and remain carbon neutral, the company provides the digital and process expertise needed to address the world's most pressing issues.
For more information on this partnership visit this page.
About Genpact
Genpact (NYSE: G) is a global professional services firm that makes business transformation real. Led by our purpose -- the relentless pursuit of a world that works better for people -- we drive digital-led innovation and digitally enabled intelligent operations for our clients. Guided by our experience reinventing and running thousands of processes for hundreds of clients, many of them Global Fortune 500 companies, we drive real-world transformation at scale. We think with design, dream in digital, and solve problems with data and analytics. Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 100,000+ of us. From New York to New Delhi, and more than 30 countries in between, we connect every dot, reimagine every process, and reinvent the ways companies work. We know that reimagining each step from start to finish creates better business outcomes. Whatever it is, we'll be there with you – accelerating digital transformation to create bold, lasting results – because transformation happens here. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook.
About Climate Vault
Climate Vault is a CDP-accredited 501(c)(3) climate solutions start-up founded at the University of Chicago by former senior White House economic advisor Michael Greenstone and prominent business leaders. Climate Vault delivers the world's first verifiable, integrated carbon reduction and removal solution, providing a fast, easy and credible way for organizations and individuals to achieve carbon neutrality. Our market-based solution is focused on immediately reducing carbon footprints by purchasing allowances from highly-regulated compliance carbon markets and ultimately converting those allowances into funding for cutting-edge carbon dioxide removal (CDR) tech that will remove carbon emissions from the atmosphere, forever. Climate Vault's CDR initiative is backed by a "Technology Chamber" composed of leading climate science experts, including former U.S. Secretary of Energy, Ernie Moniz. Since our launch in 2021, we've been named to Fast Company's list of "World Changing Ideas," and reduced ¾ million tons of CO2 for our partners, the equivalent of preventing 72,000 passenger cars from driving around the Earth. Leading brands such as T. Rowe Price, Vanderbilt University, TPG, Morningstar, Gemini and Danfoss trust Climate Vault to build tailored carbon programs that deliver quantifiable results and enduring impact. Visit www.climatevault.org to learn more, calculate your individual footprint, and help your organization or financial portfolio reach carbon neutrality.
MEDIA CONTACTS:
Siya Belliappa
Genpact Media Relations
+1 718-561-9843
siya.belliappa@genpact.com
Sara Blair Gillette
Climate Vault/ FGS Global
SaraBlair.Gillette@fgsglobal.com
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SOURCE Genpact | https://www.whsv.com/prnewswire/2022/08/22/genpact-climate-vault-join-forces-rapidly-accelerate-towards-carbon-neutral-future/ | 2022-08-22T12:49:49Z |
State has 50,000 school buses and a mandate that all new purchases be zero-emissions by 2027
SOUTH CHARLESTON, W.Va., Aug. 22, 2022 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced the appointment of Leonard Bus Sales Inc. ("Leonard") as a dealer for GreenPower's BEAST Type D and Nano BEAST Type A all-electric school buses for the state of New York.
Leonard has five locations and will have an exclusive appointment for the state of New York except for eight counties representing the New York City area, which will be non-exclusive. Leonard has initially agreed to purchase two BEAST and two Nano BEAST school buses from GreenPower for customers and demonstrations.
"We are excited to be working with Leonard who is a proven school bus dealer in the state of New York, which has approximately 50,000 school buses in operations," said Michael Perez, Vice President School Bus, Contracts and Grants of GreenPower.
As part of the current budget, the state of New York will require that all school buses be 100% electric by 2035, and further requires that all new school buses purchased starting in 2027 must be 100% electric. The budget also requires the New York State Energy Research and Development Authority (NYSERDA) to provide technical assistance to school districts as they navigate the transition to 100% electric buses.
"This new law makes New York the first state in the country to commit to fully electrifying its school bus fleet and to establish, as a priority, protecting kids' health," Perez continued. "The GreenPower dealer agreement with Leonard positions the BEAST and Nano BEAST as the purpose-built, all-electric, zero-emissions school buses that will meet the goals set by the Governor and Legislature."
Senator Timothy Kennedy, Chair of the New York Senate Transportation Committee said "Increasing our usage of zero emission school buses is a key component of reducing New York State's carbon footprint and fulfilling the goals of the Climate Leadership & Community Protection Act, which is why I was proud to push to include language in this year's state budget that commits to fully electrifying our school bus fleets by 2035. Congratulations to GreenPower Motor Company and Leonard Bus Sales on this exciting partnership that will provide more electric zero-emission school bus options for our state's school districts and transportation providers."
GreenPower's BEAST is a 40-foot Type D school bus seating up to 90 passengers and the Nano BEAST is a 25-foot Type A school bus which is available with standard seating or with ADA. Both the BEAST and Nano BEAST have a class-leading range of up to 150 miles with a monocoque chassis design and are built from the ground up to be battery-electric. The vehicles can charge up to 20 KW on a standard J1772 protocol or DC fast charge.
GreenPower and Media Contacts:
Brendan Riley
President
(510) 910-3377
Michael Perez
Vice President School Bus, Contracts and Grants
(909) 308-0960
Allie Potter
Skyya PR for GreenPower
(218) 766-8856
allie@skyya.com
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com
This document contains forward-looking statements relating to, among other things, GreenPower's business and operations and the environment in which it operates, which are based on GreenPower's operations, estimates, forecasts, and projections. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "upon", "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or are beyond GreenPower's control. A number of important factors, including those set forth in other public filings (filed under the Company's profile on www.sedar.com), could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. GreenPower disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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. © 2022 GreenPower Motor Company Inc. All rights reserved.
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CHICAGO, Aug. 22, 2022 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that Jodi Rubenstein has joined the firm as Managing Director, Investor Relations. Ms. Rubenstein comes to GTCR with more than 15 years of experience in investment management with a focus on private equity and other alternative investments. In leading the firm's Investor Relations function from GTCR's Chicago offices, Ms. Rubenstein will be responsible for coordinating all of the firm's investor relations and fundraising activities, while also serving as a senior leader contributing to the firm's growth plan and strategy.
Ms. Rubenstein joins the firm from Goldman Sachs, where she most recently served as Managing Director and Head of Midwest Private Wealth Management based in Chicago. Previously, she was Head of Goldman Sachs' Alternative Capital Markets group in the Americas, based in New York. Ms. Rubenstein is a Chicago-area native and holds an MBA from New York University and a BBA from the University of Michigan.
In this senior role, Ms. Rubenstein will oversee all aspects of GTCR's investor engagement, including fundraising and investor communications. She will participate in GTCR's investment committee process and will work to communicate the firm's investment considerations to its limited partners and other constituents. Ms. Rubenstein will collaborate with investment professionals and staff across the firm to maintain the highest standards of reporting and service to its limited partners. Ms. Rubenstein will also join the leadership of many key initiatives across the firm including our efforts in ESG and DEI as a member of the firm's ESG-DEI Steering Committee.
On behalf of the firm, Co-CEOs Collin Roche and Dean Mihas stated:
"Attracting someone with Jodi's talent, experience, and perspective to lead GTCR's engagement with its limited partners will serve as an immense benefit as the firm continues to grow. The dialogue we maintain with our new and prospective investors is critical to our partnership approach and our ability to serve the needs of these key constituents. Having a seasoned executive of Jodi's caliber will ensure we continue to implement best practices as we build our IR function. Most importantly, Jodi is an excellent fit with our organization, and she shares the values and approach that have made GTCR successful."
"I'm thrilled to join such a long-tenured and respected firm, and one that consistently maintains a relentless focus on generating superior investment performance," said Ms. Rubenstein about GTCR. "Throughout my career, I have always believed that a culture of partnership and transparency between investment firms and limited partners is critical, and GTCR shares that philosophy. GTCR has a great franchise with deep investor relationships, a highly experienced team and strong track record of investment returns, and I look forward to partnering with the team as we continue to build out our investor relations initiatives."
Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Since its inception, GTCR has invested more than $24 billion in over 270 companies, and the firm currently manages over $27 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit www.gtcr.com. Follow us on LinkedIn.
GTCR Contact:
Andrew Johnson
(212) 835-7042
andrew.johnson@gtcr.com
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SAN FRANCISCO, Aug. 22, 2022 /PRNewswire/ --
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SUPERIOR COURT OF THE STATE OF CALIFORNIA
COUNTY OF SAN MATEO
SUMMARY NOTICE OF PENDENCY OF CLASS ACTIONS
To: All persons or entities who (1) purchased or otherwise acquired publicly-traded common stock of Zuora, Inc. during the period from April 12, 2018 to May 30, 2019 and/or (2) purchased or otherwise acquired shares of Zuora, Inc. common stock pursuant or traceable to the Registration Statement and Prospectus issued in connection with Zuora's April 12, 2018 initial public offering (the "Classes").
YOU ARE HEREBY NOTIFIED that the above-captioned actions have been certified to proceed as class actions on behalf of the Classes as defined above.
The Federal Action, Roberts v. Zuora, Inc., Case No. 3:19-cv-03422-SI (N.D. Cal.), asserts claims under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 promulgated thereunder against Zuora, Inc., Tien Tzuo, and Tyler Sloat. It is brought by class representative New Zealand Methodist Trust Association ("Federal Class Representative"). The action alleges that between April 12, 2018 and May 30, 2019, defendants issued allegedly false and misleading statements and omissions about the functionality of Zuora's products.
The State Action, Olsen v. Zuora, Inc., Lead Case No. 20-CIV-01918 (Cal. Super. Ct., Cnty. of San Mateo), asserts claims under Sections 11 and 15 of the Securities Act of 1933 against Zuora, Inc., Tien Tzuo, Tyler Sloat, Peter Fenton, Kenneth A. Goldman, Timothy Haley, Jason Pressman, Michelangelo Volpi, Magdalena Yesil, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Allen & Company LLC, Jefferies LLC, Canaccord Genuity LLC, and Needham & Company, LLC ("Defendants"). It is brought by class representative Aric Olsen ("State Class Representative"). The action alleges that the registration statement and prospectus issued in connection with Zuora's April 12, 2018 initial public offering allegedly contained false and misleading statements and omissions about the functionality of Zuora's products.
Defendants in the Federal Action and the State Action deny all of the above allegations and deny any wrongdoing or violation of law. PLEASE NOTE: At this time, there is no judgment, settlement, or monetary recovery in either action. Trial in the Federal Action is currently scheduled for May 8, 2023.
IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THESE ACTIONS. A full printed Notice of Pendency of Class Actions ("Notice"), which fully sets forth the rights and obligations of class members, is currently being mailed to persons who have been identified as potential class members. If you have not yet received the full printed Notice, you can obtain a copy at www.ZuoraSecuritiesLitigation.com or by contacting the Notice Administrator at:
Zuora Securities Litigation
c/o Epiq Class Action & Claims Solutions
P.O. Box 5530
Portland, OR 97228-5530
Your interests in the Federal Action are being represented by the Federal Class Representative and the Federal Class Counsel. Their contact information is:
Steve Berman
Hagens Berman Sobol Shapiro LLP
1301 Second Avenue, Suite 2000
Seattle, WA 98101
Telephone: (206) 623-7292
Facsimile: (206) 623-0594
steve@hbsslaw.com
Lucas E. Gilmore
Hagens Berman Sobol Shapiro LLP
715 Hearst Avenue, Suite 202
Berkeley, CA 94710
Telephone: (510) 725-3000
Facsimile: (510) 725-3001
lucasg@hbsslaw.com
Your interests in the State Action are being represented by the State Class Representative and the State Class Counsel. Their contact information is:
Francis A. Bottini, Jr.
Yury A. Kolesnikov
Bottini & Bottini, Inc.
7817 Ivanhoe Avenue, Suite 102
La Jolla, CA 92037
Telephone: (858) 914-2001
Facsimile: (858) 914-2002
fbottini@bottinilaw.com
ykolesnikov@bottinilaw.com
If you are a member of one or both of the Classes, you have the right to decide whether to remain a member of the Class(es). If you want to remain a member of the Class(es), you do not need to do anything at this time other than to retain your documentation reflecting your transactions and holdings in Zuora common stock. If you are a member of the Class(es) and do not exclude yourself from the Class(es), you will be bound by the proceedings in these actions, including all past, present, and future orders and judgments of the Court, whether favorable or unfavorable. If you move, or if the Notice was mailed to an old or incorrect address, please send the Notice Administrator written notification of your new address.
IF YOU DO NOT WANT TO BE BOUND BY ANY ORDER OR JUDGMENT OF THE COURT IN ONE OR BOTH OF THE ACTIONS, YOU MUST REQUEST TO EXCLUDE YOURSELF FROM THE CLASS(ES). However, if you request exclusion, you will not be eligible to receive a share of any money which might be recovered for the benefit of the Class(es). There is no monetary relief currently available. To exclude yourself from the Class, you must submit a written request for exclusion postmarked no later than October 30, 2022, in accordance with the instructions set forth in the full printed Notice.
Further information regarding this notice or the actions may be obtained by writing to the Notice Administrator at the address provided above or at www.ZuoraSecuritiesLitigation.com.
PLEASE DO NOT CONTACT THE COURT REGARDING THIS NOTICE.
Dated: June 24, 2022
BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA
Dated: June 28, 2022
BY ORDER OF THE COURT
SUPERIOR COURT OF THE STATE OF CALIFORNIA, COUNTY OF SAN MATEO
URL// www.ZuoraSecuritiesLitigation.com
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- Idefirix® (imlifidase) becomes the first and only product reimbursed for the desensitization of highly sensitized patients waiting for a kidney transplant in Poland
- Reimbursement follows the inclusion of Idefirix® on the shortlist for exceptional innovative treatments with special funding
- The reimbursement decision provides highly sensitized patients in Poland access to Idefirix® to enable kidney transplantation from September 1st, 2022
LUND, Sweden and PETACH TIKVAH, Israel, Aug. 22, 2022 /PRNewswire/ -- Hansa Biopharma AB, "Hansa" (Nasdaq Stockholm: HNSA), a pioneer in enzyme technology for rare immunological conditions, and its partner Medison Pharma, "Medison", a global pharmaceutical company focused on providing access to highly innovative therapies for patients in international markets, today announced that the Polish Ministry of Health has agreed to include Idefirix® on its reimbursement list for desensitization of highly sensitized patients prior to kidney transplantation. This decision follows last year's inclusion of Idefirix® onto the "List of Technologies with a high level of innovation" of the Polish Medical Fund. Based on the decision to grant reimbursement, Idefirix® will be fully financed and available to patients who qualify for a newly established drug program run by multiple transplant centres in Poland from September 1st 2022.1
Highly sensitized kidney patients have previously had very limited access to kidney transplants in Poland due to the lack of effective desensitization treatments and they often have no alternative but to remain on long-term dialysis. This can place a significant burden on patients and healthcare systems, due to a reduction in health-related quality of life, an increased risk of mortality and hospitalizations, as well as additional associated costs2-4. Roughly 750 kidney transplantations are carried out annually in Poland, with more than 95% of these transplanted from deceased donors.2
"We at Hansa alongside our partners at Medison are very pleased to have reached this agreement with the Polish Ministry of Health. We are all commited to significantly improving the lives of highly sensitized patients who are waiting for a potentially life-saving kidney transplant, and the success of this collaboration marks a significant step forward in realizing that commitment", says Søren Tulstrup, President and CEO, Hansa Biopharma.
The decision by the Polish Ministry of Health to grant reimbursement will enable Medison to commercialize Idefirix® in Poland, as part of a multi-territorial agreement between Medison and Hansa for Central Eastern Europe and Israel.3
"Thanks to the dedication and collaboration between the Medison and Hansa teams, we are able to provide patients in Poland with access to this breakthrough therapy, as part of our multi-territorial partnership", said Meir Jakobsohn, Founder and CEO of Medison. "We continue to fulfil our vision of creating access to highly innovative products for patients in international markets".
--- ENDS ---
For more information:
Hansa Biopharma Contact
Klaus Sindahl, Head of Investor Relations
M: +46 709 298 269
E: klaus.sindahl@hansabiopharma.com
Medison Pharma Contact
Inbal Chen, Corporate Communications
M: +972 54 440 0784
E: inbalc@medisonpharma.com
About Idefirix® (imlifidase)
Imlifidase is an enzyme derived from the bacterium Streptococcus pyogenes and has the ability to specifically target and cleave (or break) all classes of immunoglobulin G (IgG) antibodies.4 IgG antibodies targeted specifically at the transplanted kidney are known as preformed Human Leukocyte Antigens (HLAs) or donor-specific antibodies (DSAs).5. Highly sensitized patients have high levels of these preformed antibodies that can bind to the donor organ and damage the transplant.6 Once they are inactivated with imlifidase, there is a window of opportunity for the transplant to take place. By the time the body starts renewing the depleted antibodies, the patient will be receiving immunosuppressive therapy to reduce the risk of organ rejection. The efficacy and safety of imlifidase as a pre-transplant treatment to reduce donor-specific IgG was studied in four Phase 2 open-label, single-arm, six-month clinical trials.5,7,8,9 Hansa is now collecting further clinical evidence and will submit additional efficacy and safety data based on one observational follow-up study and one post-approval efficacy study. Imlifidase was reviewed as part of the European Medicines Agency's (EMA) PRIority Medicines (PRIME) program, which supports medicines that may offer a major therapeutic advantage over existing treatments or benefit patients without treatment options.10 Imlifidase was granted conditional European Marketing Authorization from the EMA in August 2020 for the desensitization treatment of highly sensitized adult kidney transplant patients with a positive crossmatch test against an available deceased donor. The use of imlifidase should be reserved for patients who are unlikely to be transplanted under the available kidney allocation system, including prioritization programs for highly sensitized patients.4 Conditional approval allows the Agency to recommend a medicine for marketing authorization in cases where the benefit of a medicine's immediate availability to patients outweighs the risk that not all the data are available yet.
About kidney failure
Kidney disease can progress to kidney failure or End-Stage Renal Disease (ESRD), identified when a patient's kidney function is less than 15%.11 ESRD poses a significant health burden, affecting nearly 2.5 million patients worldwide8. A kidney transplant is the treatment of choice for suitable patients with ESRD because it offers improved survival and quality of life benefits compared to long-term dialysis. There are approximately 80,000 kidney patients on transplant waiting lists across the European Union.12
Full product information can be accessed via the initial Summary of Product Characteristics found here.
About Hansa Biopharma
Hansa Biopharma is a pioneering commercial-stage biopharmaceutical company on a mission to develop and commercialize innovative, lifesaving and life-altering treatments for patients with rare immunological conditions. Hansa has developed a first-in-class immunoglobulin G (IgG) antibody-cleaving enzyme therapy, which has been shown to enable kidney transplantation in highly sensitized patients. Hansa has a rich and expanding research and development program based on the Company's proprietary IgG-cleaving enzyme technology platform, to address serious unmet medical needs in transplantation, autoimmune diseases, gene therapy and cancer. Hansa Biopharma is based in Lund, Sweden, and has operations in Europe and the U.S. The Company is listed on Nasdaq Stockholm under the ticker HNSA. Find out more at www.hansabiopharma.com.
About Medison Pharma
Medison is a global pharma company focused on providing access to highly innovative therapies to patients in international markets. Medison is the first to create an international commercialization platform for highly innovative therapies, helping to save and improve lives by making the best available novel treatments accessible to patients in international markets. Medison has a track record of multi-territorial partnerships with leading pharmaceutical and biotech companies seeking to expand their global reach. Medison is also an active investor in disruptive healthcare technologies and provides its partners with exposure to innovation in biotech and digital health. To learn more visit www.medisonpharma.com
References
1. Polish reimbursement list https://www.gov.pl/web/zdrowie/leki-refundowane
2. POLTRANSPLANT, Biuletyn nr 1(30)/2021. https://www.poltransplant.pl/Download/Biuletyn_2021_www.pdf
Hansa. Hansa Biopharma and Medison Pharma announce multiregional commercialization partnership for Hansa's desensitization treatment for kidney transplant in Central Eastern Europe and Israel. Available at https://investors.hansabiopharma.com/English/press-releases/press-releases-details/2021/Hansa-Biopharma-and-Medison-Pharma-announce-multiregional-commercialization-partnership-for-Hansas-desensitization-treatment-for-kidney-transplant-in-Central-Eastern-Europe-and-Israel/default.aspx.
3. Hansa. Idefirix® Summary of Product Characteristics
4. Lorant T, et al. Am J Transplant 2018; 18(11):2752–2762
5. Eurostam Report (A Europe-wide strategy to enhance transplantation of highly sensitized patients on the basis of acceptable HLA mismatches.) Available at: https://cordis.europa.eu/project/id/305385/reporting. Last accessed August 2022
6. Jordan SC, et al. N Engl J Med 2017; 377(5):442–453
7. Jordan SC, et al. Transplantation 2021; 105(8):1808-1817
8. Winstedt L, et al. PLoS One 2015; 10(7): e0132011
9. European Medicines Agency. Available at: https://www.ema.europa.eu/en/news/new-treatment-enable-kidney-transplant-highly-sensitised-patients. Last accessed May 2021
10. NIH (2018). What is kidney failure? Available at: https://www.niddk.nih.gov/health-information/kidney-disease/kidney-failure/what-is-kidney-failure Last accessed August 2022
11. Newsletter Transplant 2020. pp 58–60.
This information was brought to you by Cision http://news.cision.com
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Acquisition brings advanced data analytics capabilities to unlock hidden workforce insights
ARLINGTON, Va., Aug. 22, 2022 /PRNewswire/ -- HireRoad, a leading provider of cloud-native end-to-end talent management and insight software, today announced the acquisition of PeopleInsight, a provider of powerful yet intuitive workforce analytics software. PeopleInsight's technology seamlessly ingests, normalizes, and correlates data from any HR system, making it easy for customers to analyze data across all their HR systems in one place. By unifying data across numerous systems, users are able to uncover previously hidden insights that their companies can use to make timely and informed decisions.
PeopleInsight's out-of-the-box solution quickly and effortlessly connects all relevant HR, talent, and people data sources, including Workday, Oracle, HireRoad, Taleo, ADP, SAP Successfactors, Greenhouse, Jobvite, and even home-grown solutions to deliver a configurable HR data cloud, personalized to the customer's specific needs and business priorities.
The acquisition of PeopleInsight further enhances the value of HireRoad's modern and highly automated talent management platform by both adding advanced data analytics features to the core platform and allowing customers to pull in data from other third-party systems to access new insights. This acquisition comes on the heels of other exciting news at HireRoad including a global rebranding that occurred earlier this year and the launch of the company's talent management platform in Australia and New Zealand last month.
"Analytics continue to be a challenge for HR professionals, especially in mid-sized organizations," said Otto Berkes, CEO of HireRoad. "They often don't have the resources for a data warehouse and a dedicated staff to perform analyses, yet they have the same desire for actionable data and many of the same complex business needs as larger organizations."
PeopleInsight's founders, CEO John Pensom, COO Steve Johnson, and VP Lynne Russell have always been passionate about the power of data and the value it can create when harnessed properly. "By unifying data from disparate HR technologies, we allow decision-makers to spend time analyzing information and planning for the future rather than translating data and making spreadsheets," Pensom said. "We are delighted to expand access to our platform on a global scale. In HireRoad we have found a great partner for the next chapter of our company's journey."
"We have been impressed with PeopleInsight's approach in supporting their customers and delivering exceptional service, and we are excited to join forces with their talented team as we accelerate our global work together," said Berkes, who has a track record of creating transformational products including the Xbox and HBO Go.
The acquisition of PeopleInsight marks HireRoad's third acquisition since Strattam Capital's majority investment in 2018 to add novel functionality to the company's platform and accelerate growth.
HireRoad is a leading provider of cloud-based talent management software that changes the definition of "being hired" to include everything on the journey from job posting to job success. The company's innovative software, developed by veteran industry experts, provides you the ability to attract, hire, onboard, and train the right people so they thrive in your organization. To learn more about HireRoad, visit HireRoad.com.
PeopleInsight is a multi-source people analytics platform built to unify a company's disparate sources of HR, talent, people and productivity data. Founded in 2012, PeopleInsight accelerates data-driven HR at a fraction of the cost, time and risk of an in-house build. Visit https://www.peopleinsight.com/ to learn more.
Strattam Capital invests in founder-led independent B2B software and technology companies across North America. We believe in aligning with founders and CEOs before signing, via their Five-Point Plan process to allow execution with purpose, excitement, and efficiency. Headquartered in Austin, TX, we connect companies with the people, process, and scale needed to reach their potential. For more information, please visit Strattam.com.
Media Contact:
Dawn McAvoy
Vice President, Global Marketing
Media@HireRoad.com
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Organizations seeking Qualified Health Information Network status can meet TEFCA security certification using HITRUST r2 Certification
FRISCO, Texas, Aug. 22, 2022 /PRNewswire/ -- HITRUST is supporting the security requirements of the Trusted Exchange Framework and Common Agreement (TEFCA) program. The TEFCA Recognized Coordinating Entity (RCE) – The Sequoia Project – has selected HITRUST and the HITRUST Risk-based, 2-year (r2) Certification as the first certifying body and certification for organizations to prove they comply with the TEFCA security requirements for their Qualified Health Information Network (QHIN) designation. HITRUST is also available to support TEFCA Participants and Subparticipants in the security of TEFCA Information (TI) under the Framework Agreements.
TEFCA, born from the 21st Century Cures Act, was approved for national-level healthcare interoperability by the U.S. Department of Health and Human Services Office of the National Coordinator for Health Information Technology (ONC). TEFCA brings together public and private stakeholders to develop and support an exchange framework for trust policies and practices, as well as a common agreement for data exchange between Health Information Networks. TEFCA specifies strong security safeguards for the protection of TI in the Common Agreement (§12.1.2), flow-down provisions, and Standard Operating Procedures (SOP), including the requirement that QHINs "shall achieve and maintain third-party certification to an industry-recognized cybersecurity framework demonstrating compliance with all relevant security controls." HITRUST is actively certifying potential QHINs.
The HITRUST r2 Certification is the only assessment recognized by the RCE for meeting the Common Agreement criteria for cybersecurity. This recognition further demonstrates the comprehensiveness and Rely-Ability™ of the r2 Certification, while further extending the value that assessed entities receive from their HITRUST r2 Certification. In addition, HITRUST is actively evaluating the information security and assurance reporting needs of QHIN Participants and Subparticipants to ensure its portfolio of assessments aligns with the broad needs of all constituents when sharing digital health information through a QHIN.
"Appropriate access to actionable patient data requires the secure and trusted exchange of health information," said Steve Yaskin, CEO & Co-founder of Health Gorilla. "Health Gorilla is working toward HITRUST r2 Certification and becoming one of the first designated QHINs under TEFCA. HITRUST's rigorous approach to evaluation and depth of review not only meet the requirements of the ONC, but also support our goal of proving our qualification to protect and exchange digital health information where it is needed."
TEFCA is an important advancement in health information security because:
- The COVID pandemic underscored the need to simplify health data exchange for patient care and public health purposes.
- Healthcare organizations are currently burdened with too many costly, inefficient – and possibly inaccurate and insecure – interfaces between organizations.
- TEFCA will reduce expensive, complex, and duplicative information interfaces to streamline sharing across needs and platforms.
The QHIN is the entity with the technical capabilities and organizational attributes to connect Health Information Networks on a national scale, so it's critical that they are held to elevated security standards. The QHIN supports Participants, also important in the security chain, which includes providers, payers, health IT systems, and other entities that control data. And from the Participants, flow Subparticipants with their own data responsibilities.
"HITRUST is uniquely poised to help ensure those requiring access to the health data from across the ecosystem are trusted," said Mike Parisi, Vice President of Adoption and Business Development for HITRUST. "As one of the most prominent initiatives in healthcare since Meaningful Use, we will be engaging organizations proactively to help them get ahead of TEFCA and its security requirements."
HITRUST will be distributing educational material to help organizations comply with the TEFCA security requirements. Existing adopters can reach out to their HITRUST representative, and others can go to HITRUST Central to access the TEFCA discussion forum. Visit the HITRUST TEFCA initiative section of our website here: https://hitrustalliance.net/tefca/
About HITRUST®
Since it was founded in 2007, HITRUST has championed programs that safeguard sensitive information and manage information risk for organizations across all industries and throughout the third-party supply chain. In collaboration with privacy, information security, and risk management leaders from the public and private sectors, HITRUST develops, maintains, and provides broad access to its widely adopted common risk and compliance management frameworks as well as related assessment and assurance methodologies. For more information, visit www.hitrustalliance.net.
Media contact: Donna McCally, e: donna.mccally@hitrustalliance.net, t: 469-269-1147
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Rapha Capital BioVentures Fund I, LP (Rapha Capital), and Bigger Capital lead the financing.
VANCOUVER, BC and BOSTON, Aug. 22, 2022 /PRNewswire/ -- Imagin Medical Inc., ("Imagin" or the "Company"), a urologic oncology company, announces:
1. the acquisition of the enCAGE Coil™ Precision Ablation System for Prostate Cancer from TROD Medical NV, a Belgian company,
2. further to its press release of August 26, 2021, the closing of the previously announced convertible note, and
3. the opening of a new $7.25M Convertible Note to support the above-mentioned acquisition and the product's development.
Prostate ablation is a procedure used to treat prostate cancer. During a prostate ablation procedure, energy (such as heat, cold, lasers, or chemicals) is used to kill the cancer cells. The energy may also destroy some of the surrounding normal prostate tissue.
The enCAGE Coil device is a disposable focal therapy precision ablation device for prostate cancer that delivers bipolar radiofrequency energy through a distinctive "coil" electrode during a minimally invasive office-based procedure. The system allows the surgeon to pre-set precise ablation margins to target only the cancerous tissue, addressing the limitations of other forms of thermal ablation technologies for prostate cancer that risk damaging adjacent structures e.g., the erectile nerves that control urinary and sexual function.
The device has FDA 510(k) approval and has been used in 51 patients, including 20 patients who participated in a Phase II Trial, with results published in The Journal of Urology, April 2021. Dr. Clement Orczyk, Lead of Prostate Cancer Focal Therapy Program, UCL Hospitals in London, England, an Investigator for the trial and first author of the publication, commented "this technology is the most versatile and promising of the many I've evaluated for performing focal therapy of prostate cancer with accuracy and safety". Imagin will be refining the device based on this experience for commercialization.
By acquiring the enCAGE Coil, Imagin is strengthening its position as a urologic oncology company and expanding its portfolio of products to address prostate cancer. With close to 250,000 new cases diagnosed each year, prostate cancer is the most prevalent cancer among men after skin cancer and the second leading cause of cancer deaths among men. The enCAGE Coil™ device joins Imagin's lead product, the i/Blue™ Imaging System for bladder cancer, building out a best-in-class pipeline for the diagnosis and treatment of urologic cancers. "As a Urologist who has cared for patients with cancer over a 25-year career as a Professor and Urological Oncologic surgeon, I have a deep knowledge of the field and of the needs of patients with prostate and bladder cancer," said Dr. Kevin Slawin, Chairman of the Board of Imagin. "Our growing focus on bringing best-in-class technologies to patients in an outpatient setting is the culmination of my thoughts over my career as a leader in the field of Urologic Oncology on how to best care for these patients."
The aggregate cost to acquire the enCAGE Coil is US$2,500,000; which will be paid over time as certain developmental milestones are met.
- The initial payment, on closing, will be US$350,000 and US$150,000 of Imagin shares (based on a 10-day average price as of the date of closing). Of this, US$200,000 and all of the shares will be held in escrow pending transfer of all intellectual property to Imagin.
- The first milestone payment of US$500,000 will be made upon receipt of FDA 510(k) approval to the next trial phase or modification, through the payment of cash or issuance of Imagin shares, at Imagin's election.
- The second milestone payment of US$1,000,000 will be made upon receipt of FDA de novo approval, through the payment of cash or issuance of Imagin shares, at Imagin's election.
- The third milestone payment of US$250,000 will be made upon achieving sales of 1,000 BPH (Benign Prostate Hyperplasia) cases following 510(k) approval, through the payment of cash or issuance of Imagin shares, at Imagin's election.
- The fourth and final milestone payment of US$250,000 will be made upon achieving sales of 500 BPH (Benign Prostate Hyperplasia) cases following de novo approval, through the payment of cash or issuance of Imagin shares, at Imagin's election.
All share issuances will be based on a 10 day average price as of the time of issuance.
Concurrent with this acquisition, Imagin has opened a new convertible note offering totaling US $7.25 million to support the clinical development of the enCAGE Coil™ technology. The Convertible Note is being led by Rapha Capital BioVentures Fund I, LP (RCBVFI), managed by Rapha Capital and Dr. Slawin, M.D., and Bigger Capital, and has the following terms:
- The principal will be advanced in multiple tranches with an initial tranche of US$750,000 upon closing, followed by multiple tranches for the remaining US$6.5 million.
- The principal will bear interest at the rate of 10% per annum, payable on maturity or conversion.
- The principal and interest will be fully secured against the assets of the Company.
- The note will mature 24 months following the date of issue, unless earlier repurchased or converted.
- The principal and interest will automatically convert into common shares of the Company ("Shares") at US$0.40 per Share, upon Imagin completing an equity financing of at least US$2 million.
- Note purchasers will receive an aggregate 50,750,000 warrants (2.8X coverage) to acquire Shares of Imagin, exercisable at US $0.40 per Share for five years from the date of issue.
"We are excited to add the enCAGE Coil to Imagin's portfolio as we build our pipeline of products," said Jim Hutchens, President and CEO of Imagin. "This additional funding will support on-going product development and the Company's progress in bringing our products through the FDA approval process."
All securities issued in connection with the offering will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
The Company's lead product, the i/Blue™ Imaging System, uses state of the art technology that improves the utility of blue light imaging for visualizing bladder cancer. The i/Blue System contains a patented dual-view camera head that uses sophisticated optical filters to split the image into white light and blue light channels to display simultaneous, side-by-side white and blue light images on the monitor in real time without the need to toggle between the two images. The i/Blue System is designed to work with most endoscopes on the market, providing a more practical, cost-effective device that will make blue light cystoscopy more accessible to hospitals and patients.
The enCAGE Coil™ is a disposable focal therapy precision ablation device for prostate cancer that delivers bipolar radiofrequency energy through a distinctive coil electrode during minimally invasive office-based surgery. The system allows precise pre-set targeting of the cancer, avoiding total removal of the prostate and damage to the adjacent erectile nerves. The enCAGE coil addresses the limitations of other forms of prostate cancer treatment, including surgery, radiation and current focal therapy technologies, that lack the ability to precisely target only the cancer cells, risking damage to the remainder of the prostate and surrounding erectile nerves that can cause impaired urinary and sexual function.
Focal therapy of prostate cancer is a minimally invasive method to destroy more limited prostate cancers, in situ in the prostate, leaving the remainder of the prostate gland and surrounding important structures like the erectile nerves intact, reducing the risk of impaired urinary and sexual function as compared to other "whole-gland" directed therapies like surgery or radiation therapy. Using mpMRI fused with real-time ultrasound to target the tumor improves the precision of the technique. Current focal ablation modalities for prostate cancer are primarily thermal therapies, either freezing (cryotherapy) or heating (HIFU, single electrode RF, laser, water, steam, electricity). All suffer from the same challenges as the lesion grows from the center outward. The margin of cancer cell "kill" is indeterminate and difficult to precisely determine using thermocouples or imaging. Ablation therefore often extends beyond the area necessary to control the cancer in order to ensure complete cancer ablation. Important structures, often immediately adjacent to tumors, are therefore hard to preserve e.g. erectile nerves. enCAGE Coil™ is a bipolar radio frequency-based probe (bRF) enabling precision ablation, limited only to the edge of the outer coil. Thus the ablation margin is pre-set via treatment planning and placement of the "coil" electrodes, yielding 100% ablation within the ablation zone in conjunction with 100% tissue preservation beginning just outside the ablation zone. This allows complete ablation of tumor tissue with preservation of adjacent erectile nerves.
About Imagin Medical "Urologic Oncology Technologies Built for the Office" – Imagin Medical is building a best-in-class Urologic Oncology company developing proprietary technologies to better visualize and treat urologic cancers, including bladder and prostate cancer through minimally invasive surgery that can be performed in the Urologist's office. The Company believes its first product, the i/Blue Imaging System, with its advanced proprietary optics and light sensors, will greatly increase the efficiency and accuracy of detecting bladder cancer, helping to improve the surgical management of this disease. Imagin's follow-on product, the enCAGE Coil Prostate Cancer Precision Ablation System, a focal therapy bipolar radio frequency-based probe enabling precise pre-set margins. The enCAGE coil addresses the limitations of other forms of prostate cancer treatment that lack the ability to precisely target only the cancer cells, risking damage to the remainder of the prostate and surrounding erectile nerves that can cause impaired urinary and sexual function. Imagin's proprietary technologies are poised to expand patient access improve outcomes and quality of life. Learn more at www.imaginmedical.com.
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. The Company 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 the Company's control. 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. Specifically, there is no assurance that (i) the enCAGE Coil will work in the manner expected, (ii) any of the milestones referred above will be achieved in a timely manner, or at all, (ii) the Company will be successful in raising the required funds under the Convertible Note offering, or in any other manner. Except as required under applicable securities legislation, the Company 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 news release.
Contacts:
Jim Hutchens, President & CEO jhutchens@imaginmedical.com
John Vacha, CFO
jvacha@imaginmedical.com
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SOURCE Imagin Medical, Inc.; Rapha Capital Management, LLC | https://www.whsv.com/prnewswire/2022/08/22/imagin-medical-announces-acquisition-encage-coil-precision-ablation-system-prostate-cancer-new-725m-convertible-note-finance-its-development/ | 2022-08-22T12:50:35Z |
BLOOMINGTON, Ind., Aug. 22, 2022 /PRNewswire/ -- Indiana Center for Recovery has been awarded on Newsweek's list of America's Best Addiction Treatment Centers 2022. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on August 16th, 2022 and can currently be viewed on Newsweek's website.
The America's Best Addiction Treatment Centers 2022 list highlights the nation's top facilities based on quality of service, reputation and accreditation relative to in-state competition. Facilities in the 25 states with the highest number of addiction treatment centers, according to the Substance Abuse and Mental Health Services Administration (SAMHSA), were included in the survey. The rankings feature the top 330 inpatient/residential and long-term addiction treatment centers. The evaluation process was comprised of three steps:
- Recommendations from Peers: Thousands of medical experts (therapists, counselors, medical doctors, administration & staff working in addiction treatment facilities) were invited to an online peer-to-peer survey.
- Quality Score: Participants were also asked to rank the quality dimensions which influence the quality of rehabilitation facilities.
- Accreditation Score: The Substance Abuse and Mental Health Services Administration (SAMHSA) provides data for addiction treatment centers. Specifically, SAMSHA lists accreditations relevant to addiction treatment centers.
Indiana Center for Recovery is ecstatic to be recognized for the second year on Newsweek's list of America's Best Addiction Treatment Centers 2022.
"Indiana Center for Recovery is a community of excellence, diversity, and hope," said Director of Clinical Development, Jackie Daniels, "We're delighted to be honored for the healing we bring Indiana and everyone across the country who comes to us for help. This award encourages us to continue our mission to serve all those brave souls who seek wellness and relief in times of great despair or distress. The recognition means we're on the right path: we hold ourselves to the highest treatment standards for each patient, and it's inspiring to see this success alongside our patients' victories."
About Indiana Center for Recovery
Since 2016, Indiana Center For Recovery has pushed patient outcomes through expert staff, high-end facilities, and scientifically sound protocols for patient-centered recovery. Esteemed in substance use disorder and mental health treatment, they offer a dynamic combination of clinically exceptional services and compassionate care, striving to treat every client with respect while treating mental health conditions, patterns of addiction, and underlying health conditions. To learn more visit: https://treatmentindiana.com.
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SOURCE Indiana Center for Recovery | https://www.whsv.com/prnewswire/2022/08/22/indiana-center-recovery-awarded-newsweeks-americas-best-addiction-treatment-centers-2022-list/ | 2022-08-22T12:50:41Z |
NATCHITOCHES, La., Aug. 22, 2022 /PRNewswire/ -- The investiture of Dr. Marcus Jones as Northwestern State University's 20th president will take place with a formal ceremony at 10 a.m. Friday, Sept. 9 in A.A. Fredericks Auditorium and will be followed by a community reception in the Sylvan Friedman Student Union Ballroom. NSU alumni, supporters and friends are invited to join students, faculty and staff in the celebration.
Guest speakers will be Louisiana Governor John Bel Edwards, Dr. Kim Hunter Reed, commissioner of Higher Education for the Louisiana Board of Regents, and Dr. Jim Henderson, president of the University of Louisiana System and former NSU president.
Directions, a schedule of events, an RSVP and other information is available at https://nsu.la/investiture
Events that will take place surrounding the investiture of Dr. Jones include a day of service and outdoor event for students, as well as a breakfast for faculty and staff.
Jones was named the university's president in November 2021 after serving as interim president since July 2021.
Jones has an extensive academic, business and legal background, having served as executive vice president and chief operating officer for the University of Louisiana System for the past year, where oversaw the areas of business finance, internal/external audit function, EEO and IT for the System and handled matters of system level importance on behalf of the UL System president. He also oversaw management of budgets, administration, policies and procedures and international relations and acted as the legal liaison for the System.
Jones served as NSU's executive vice president for university and business affairs from 2017-2020 where he was a key administrator in the planning, operation and management of the University.
Jones holds a bachelor's degree in business administration and finance from Northwestern State, a master's in international business and trade from Grambling State University and a law degree from Southern University Law Center where he was managing editor of the Southern Law Review. He also studied international business and finance at the University of Plymouth in Plymouth, England.
Jones has been a member of Northwestern's faculty since 1994 as an instructor of business, assistant professor of business law and international business, associate professor of business law and international business and has held the Ben D. Johnson Endowed Professorship since 1999.
Leah Jackson
Director of Public Information & Media Relations
Northwestern State University of Louisiana
jacksonl@nsula.edu
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SOURCE Northwestern State University | https://www.whsv.com/prnewswire/2022/08/22/investiture-dr-marcus-jones-nsus-20th-president-set-sept-9/ | 2022-08-22T12:50:48Z |
LUND, Sweden, Aug. 22, 2022 /PRNewswire/ -- Immunovia will publish its second quarter 2022 results on August 24, 2022 at 8:30 am CET. Analysts, investors and media are invited to a webcast teleconference on the same day at 13:00 CET. The report together with the presentation slides will be available at www.immunovia.com
Philipp Mathieu, CEO and President, and Karin Almqvist Liwendahl, CFO, will present on Immunovia's development. The presentation will be held in English and be followed by a Q&A session. You are welcome to join via webcast or phone, see details below.
Telephone numbers and webcast
Call any of the numbers below to participate via telephone. Please dial in a few minutes before the presentation starts.
Sweden: +46 (0)8 5051 0031
United Kingdom: +44 (0) 207 107 06 13
United States: +1 (1) 631 570 56 13
Link to the webcast: https://link.edgepilot.com/s/9134565d/n4saifQXgEG99MipSw3ORw?u=http://creo-live.creomediamanager.com/6074dc43-43a2-4f11-9bff-9647548664fd
To ask questions, it is necessary to dial in. A recording of the presentation will be available on Immunovia's website.
For more information, please contact:
Karin Almqvist Liwendahl
CFO
kain.almqvist.liwendahl@immunovia.com
+46 70 911 56 08
The information was submitted for publication on August 22, 2022, at 13:30 am CET.
About Immunovia
Immunovia AB is a diagnostic company with the vision to revolutionize blood-based diagnostics and increase survival rates for patients with cancer.
Our first product, IMMray™ PanCan-d is the only blood test currently available for early detection of pancreatic cancer. The test has unmatched clinical performance. Commercialization of IMMray™ PanCan-d started in August 2021 in the USA and IMMray™ PanCan-d is offered as a laboratory developed test (LDT) exclusively through Immunovia, Inc. For more information see: www.immunoviainc.com.
Immunovia collaborates and engages with healthcare providers, leading experts and patient advocacy groups globally to make this test available to all high-risk pancreatic cancer groups.
The USA, the first market in which IMMray™ PanCan-d is commercially available, is the world's largest market for the detection of pancreatic cancer with an estimated value of more than USD 4 billion annually.
Immunovia's shares (IMMNOV) are listed on Nasdaq Stockholm. For more information, please visit www.immunovia.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE Immunovia AB | https://www.whsv.com/prnewswire/2022/08/22/invitation-immunovias-q2-presentation/ | 2022-08-22T12:50:54Z |
MONETT, Mo., Aug. 22, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.49 per share. The cash dividend on its common stock, par value $.01 per share, is payable on September 29, 2022, to stockholders of record as of September 9, 2022. At August 17, 2022, there were 72,902,797 shares of the common stock outstanding.
About Jack Henry
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 45 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 8,000 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
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SOURCE Jack Henry & Associates, Inc. | https://www.whsv.com/prnewswire/2022/08/22/jack-henry-amp-associates-announces-regular-quarterly-dividend/ | 2022-08-22T12:51:01Z |
PHOENIX, Aug. 22, 2022 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today that JDM Partners has exercised their remaining option to reacquire a stake in Douglas Ranch, the recently launched large-scale master planned community in Phoenix's West Valley. The community was acquired by The Howard Hughes Corporation from JDM Partners and El Dorado Holdings last October for approximately $541 million. On August 18, JDM Partners exercised its second option to buy back into Douglas Ranch, acquiring an additional 2.8% interest in the Douglas Ranch joint venture for approximately $15 million.
The transaction brings the aggregate of JDM Partners' investment in Douglas Ranch—excluding Trillium, the community's first 3,000-acre village—to approximately $65 million, which equates to approximately 12% of the joint venture. JDM Partners and El Dorado Holdings are 50/50 joint venture partners with HHC on Trillium.
Land sales at the master planned community are expected to begin this fall.
About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia®, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin®, Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Douglas Ranch in Phoenix, Arizona. The Howard Hughes Corporation's portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. For additional information, visit www.howardhughes.com.
Media Contact
The Howard Hughes Corporation
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
cristina.carlson@howardhughes.com
Investor Relations Contact
The Howard Hughes Corporation
Eric Holcomb, 281-475-2144
Senior Vice President, Investor Relations
eric.holcomb@howardhughes.com
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SOURCE The Howard Hughes Corporation | https://www.whsv.com/prnewswire/2022/08/22/jdm-partners-reacquires-stake-douglas-ranch-master-planned-community-howard-hughes-corporation/ | 2022-08-22T12:51:08Z |
ATLANTA, Ga. and WILMINGTON, Mass., Aug. 22, 2022 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of detection solutions for concealed weapons and threats, is pleased to announce that today it has officially begun beta testing the HEXWAVE™ system at its first beta site, one of the largest Hindu temples in the United States.
The HEXWAVE walkthrough security detection system uses millimeter wave, video-rate 3D imaging, and artificial intelligence to detect and identify weapons and other dangerous items, including both metal and non-metal threats such as 3D-printed ghost guns. HEXWAVE does not require people to divest coats, cell phones, keys, or other benign items. The system provides security operators with an automatic go/no-go decision, and a seamless experience for venue patrons.
"Visitors and worshipers should not have to worry about their safety," said Dixit Suthar, security system administrator for the temple. "The temple receives thousands of visitors each week. The goal of increasing security screening is to stay ahead of threats today and promote peace of mind. With HEXWAVE, we were drawn to the potential of enhanced detection of metallic and non-metallic objects with a better view of new types of threats beyond guns and knives. Non-metallic explosives are a concern, be they liquid, powder, or plastic, as they are not detectable by other walkthrough screening technology on the market today. We are excited to trial the HEXWAVE and partner with Liberty."
As a global Hindu religious and social organization with 3,300 temples around the world, the organization has several temples located throughout North America and is the first house of worship to sign on with Liberty to test HEXWAVE. The beta testing will be conducted by screening visitors and worshipers inside the temple, as well as controlled testing that will be compared with Liberty's own internal data.
"After over six years of development and significant investment in the technology, we are very pleased to announce that today we have achieved a major milestone on Liberty's path to commercialization," said Bill Frain, CEO of Liberty Defense. "We are thrilled to have the HEXWAVE system in the field and operated by security staff of key industry-leading organizations representing our target verticals. Collecting data and market feedback during the beta trial period will be invaluable to our success."
As previously announced, the Company will also deploy beta units in several settings, including an MLB stadium, a large state university, and major airports for airline employee screening. Beta testing will continue over the coming 12 weeks.
For updates and news, please visit the Company website to subscribe to email alerts or follow Liberty Defense on social channels.
On Behalf of Liberty Defense
Bill Frain
CEO & Director
Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable 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 press release.
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SOURCE Liberty Defense Holdings Ltd. | https://www.whsv.com/prnewswire/2022/08/22/liberty-defense-commences-beta-testing-hexwave-system/ | 2022-08-22T12:51:14Z |
New Global VP of Sales to Drive Expansion of Green Technology for Lab Consumables
RICHMOND, Va., Aug. 22, 2022 /PRNewswire/ -- Grenova, the innovative manufacturer of green technology for lab consumables, announced today that Wayne Shepherd has been appointed Global Vice President of Sales. Shepherd joins Grenova during a period of explosive growth as the organization expands operations to meet a dramatic increase in demand for automated, high-throughput pipette tip and microwell plate washers. As a leader in the life sciences industry with 20 years of experience, he will drive Grenova's growth as it provides patented technology to labs around the world.
"It's an honor to join Grenova as we push the life sciences industry into the future by finding innovative ways to reuse plastic consumables to protect the environment while cutting costs and creating supply chain resilience," said Shepherd. "Grenova is leading this charge with the only green technology capable of washing and reusing plastic consumables to make labs smarter, greener, and cleaner."
Prior to joining Grenova, Shepherd served as Vice President of Health Systems and Vice President of Sales – East at AccuVein, Global Vice President of Sales and Marketing at BG Medicine, Regional Sales Director at Abbott, Diabetes Management Consultant at Medtronic Diabetes, Area Manager and Regional Trainer at Novartis, and founder and president of Commonwealth Consulting. He has extensive experience and a consistent record of outstanding performance in corporate management, business development, and executive leadership. Shepherd has successfully built and defended market positions in the capital, disposable, and medical device spaces within both the acute and non-acute markets.
"Team Grenova is proud to call Wayne Shepherd a Grenovian," said Ali Safavi, founder and CEO of Grenova. "Wayne defines the values of Grenova and is the type of leader that is driven by an unwavering sense of purpose. Best of all, he's always ready to collaborate with others in the lab industry and is committed to reimagining what is possible when labs wash and reuse their plastic consumables."
Today, Grenova's tip washers are implemented in the largest domestic and international labs around the world and are relied upon by NIH, NCI, and the CDC. Partner labs report a dramatic reduction in plastic pipette tip consumption by 90 percent, resulting in significant cost savings while dramatically cutting plastic waste.
Founded in 2014, Grenova™ is an innovative company that is revolutionizing lab consumables through high-quality waste reduction solutions. Grenova's mission is to lower costs in the laboratory industry and reduce biohazard waste in the environment by delivering groundbreaking approaches in dealing with plastic consumables. Grenova's existing products include the TipNovus™ family of pipette tip-washing solutions for labs such as the Automated TipNovus (ATN) Package, a fully integrated tip-washing solution; the TipLumis™ family of HEPA-filtered, temperature-controlled, UV-sanitized tip storage solutions; GrenoClean, a proprietary and scientifically validated cleaning solution; and Purus by Grenova™, a novel microwell plate cleaner. For more information, visit https://www.grenovasolutions.com/.
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SOURCE Grenova | https://www.whsv.com/prnewswire/2022/08/22/life-sciences-executive-wayne-shepherd-joins-grenova-global-vice-president-sales/ | 2022-08-22T12:51:20Z |
AUSTIN, Texas, Aug. 22, 2022 /PRNewswire/ -- The Mach 1 Group (Mach 1) – an award-winning, nationally recognized public relations firm – formally announced expanded leadership today, with Mary Bell Love's promotion to partner and Chief Operating Officer.
In the decade since its 2013 founding by revered public relations expert Katherine McLane, Mach 1 has quickly become one of the top public affairs and strategic communications firms in Texas. Joining Mach 1 in 2017, Love has been a driving force in the firm's success, helping to assemble a team of skilled public relations professionals -- former communications directors, press secretaries and journalists recognized for their ability to help clients navigate some of the most arduous public opinion challenges.
"After years in the toughest PR trenches imaginable on campaigns, in agencies, in a governor's office and at the federal level, I founded Mach 1 in 2013 to provide clients with smart, swift and comprehensive communications support," said McLane. "From the moment Mary joined Mach 1 in 2017, her brilliance and devotion to serving clients and growing our business has been unfailing. Her leadership and hard work have contributed to our success in so many ways. I'm thrilled to welcome her as a partner and look forward to continuing to expand the excellent service Mach 1 provides to outstanding clients together. And personally, sharing Mach 1 with Mary, who has become so dear to me, is a fabulous milestone."
Love is a public affairs expert with extensive expertise in media relations, political strategy, crisis management and strategic communication. Under her direction, the boutique firm has served some of the best-known brands and organizations in the U.S. and has grown a reputation as hard-working, driven and excellent. Love's experience and savvy recently earned her a nomination for Austin Business Journal's 2022 Women in Business, which celebrates Central Texas women at the top of their industry.
"Mach 1 is my home, and Katherine is like family to me," Love said. "I could not ask for a better mentor, and I'm honored to continue working alongside her as we grow this firm together. I'm very proud of where we are today – the clients we serve, the incredible talent we have in place – and I'm committed to making us one of the country's most elite crisis and public affairs communication firms."
Love manages a wide breadth of clients for Mach 1 – from higher education institutions and non-profits to trade associations – and, as director of the firm's natural resource practice , specializes in oil and gas, water and electric industry communications. Before joining the Mach 1 Group, Love served as Director of Special Projects and Public Affairs, respectively, for the Chairman of the Texas Railroad Commission (RRC). Notably, Love is one of the only recent Railroad Commission executive staffers to work in public relations.
For more information about The Mach 1 Group, visit www.themach1group.com.
Megan Traeger – mtraeger@themach1group.com
Talan Tyminski – ttyminski@themach1group.com
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SOURCE The Mach 1 Group LLC | https://www.whsv.com/prnewswire/2022/08/22/mach-1-group-expands-ownership-with-mary-bell-love-partner/ | 2022-08-22T12:51:27Z |
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- McDermott International has been awarded a Front-End Engineering Design (FEED) contract from Viva Energy Australia as part of its Geelong Refinery project to provide additional desulfurization capabilities. The award follows the successful completion of the Pre-FEED activity and encompasses early engineering and procurement services to support the project schedule.
Under the contract scope, McDermott will provide FEED services for a new modularized production unit. The unit will produce ultra-low sulfur gasoline with up to ten parts per million (ppm) sulfur to meet the proposed changes to Australia's fuel quality standards from the end of 2024. Lower sulfur gasoline will support improved vehicle emissions.
"This award is testament to our successful execution of the pre-FEED. In this next phase, we will apply McDermott's extensive modularization expertise to ensure quality, reduce cost and maintain the schedule," said Tareq Kawash, Senior Vice President, Onshore of McDermott. "We look forward to continuing to support Viva Energy Australia's carbon emission reduction goals to provide cleaner fuels and enhance Australia's fuel security."
Work on the project will be executed from McDermott's engineering center of excellence in The Hague, the Netherlands with support from its offices in Gurgaon, India, and Perth, Australia.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected scope and execution of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Global Media Relations
Reba Reid
Senior Director, Global Communications and Marketing
+1 281 588 5636
RReid@McDermott.com
Local Media Relations
Barbara Knight
Senior Director, Business Line Communications and Marketing
+971 56 403 2903
BBKnight@mcdermott.com
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SOURCE McDermott International, Ltd | https://www.whsv.com/prnewswire/2022/08/22/mcdermott-awarded-feed-contract-viva-energy-australia/ | 2022-08-22T12:51:33Z |
After 15+ years of outstanding service, Sheila A. Penrose will retire from the Board
Tony Capuano, Marriott International; Jennifer Taubert, Johnson & Johnson; and Amy Weaver, Salesforce, will join McDonald's Corporation's Board of Directors
Five Things to Know files with quotes from Tony, Jennifer and Amy and headshots are embedded within this release.
CHICAGO, Aug. 22, 2022 /PRNewswire/ -- McDonald's Corporation (NYSE: MCD) today announced the retirement of Sheila A. Penrose from the McDonald's Board of Directors. The Company also announced the election of Tony Capuano, Marriott International; Jennifer Taubert, Johnson & Johnson; and Amy Weaver, Salesforce, to the Board. Sheila's retirement will be effective September 30 and the election of Tony, Jennifer and Amy takes effect October 1.
"For over 15 years, Sheila has been a deeply committed and highly valued member of our Board. We have all benefited from her thoughtful counsel, strong expertise and unwavering dedication to McDonald's. Through her leadership of the Sustainability and Corporate Responsibility Committee, Sheila has overseen McDonald's critical progress against our ambitious climate, responsible sourcing and diversity, equity and inclusion goals, positioning us as a leader in the industry. We are grateful for all that she has done for McDonald's and the communities we serve," said Enrique Hernandez, Jr., McDonald's Chairman of the Board. "It is a testament to this great brand, and a continuation of the rich legacy of its Board, that we are welcoming such experienced, global leaders to help steward McDonald's continued success. Each of these individuals represent the highest caliber of values-based leadership, bringing deep and varied expertise to help guide the Company."
"Sheila has been a tremendous resource for me on our Board of Directors. She's helped to spearhead our sustainability efforts and advocated on behalf of the larger role that McDonald's plays in communities around the world. I will miss her," said Chris Kempczinski, McDonald's President and Chief Executive Officer. "At the same time, I'm excited to welcome Tony, Jennifer and Amy to McDonald's. They are inspiring leaders with a demonstrated track-record leading large, complex organizations. Their experience stewarding some of the world's most respected global brands will benefit McDonald's greatly and position the Company for continued growth."
Today's appointments include:
- Anthony Capuano who serves as CEO of Marriott International, a global hospitality company with a footprint of over 8,100 properties around the world that are home to some of the most well-known and iconic brands in travel. Capuano brings deep experience in real estate and leading an organization with a significant focus on franchising and driving digital customer engagement through its Marriott Bonvoy® loyalty program. Under Capuano's leadership, the company launched "Marriott's Bridging the Gap" program, a multi-year development initiative focused on fostering a more diverse and inclusive owner and franchisee base.
- Jennifer Taubert who serves as Executive Vice President and Worldwide Chairman, Pharmaceuticals at Johnson & Johnson, the world's largest and most broadly based healthcare company. As leader of the company's largest sector, with $52 billion in worldwide sales and more than 45,000 employees, Taubert has extensive experience navigating the complexities of a global business in a highly dynamic environment. A purpose-driven leader, she has dedicated her career to healthcare and making a positive impact for people and communities on a global scale. Taubert has been named to Fortune's "Most Powerful Women" list for the past six years.
- Amy Weaver who serves as President and Chief Financial Officer of Salesforce, the leader in customer relationship management technology. A seasoned executive with extensive financial, legal and digital experience, Weaver is responsible for leading Salesforce's global finance organization. Before her appointment in 2021, she served as the company's Chief Legal Officer. Weaver has driven many of Salesforce's most strategic and operational initiatives, translating social imperatives into business successes. She also brings a deep understanding of the hospitality industry and customer experience from her time in leadership at Expedia.com, the online travel company.
About McDonald's
McDonald's is the world's leading global foodservice retailer with nearly 40,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
Forward Looking Statements
This document contains forward-looking statements about future events and circumstances. Generally speaking, any statement not based upon historical fact is a forward-looking statement. In particular, statements regarding McDonald's plans, strategies, prospects and expectations regarding its business and industry are forward-looking statements. They reflect McDonald's expectations, are not guarantees of performance and speak only as of the date hereof. Except as required by law, McDonald's does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements. McDonald's business results are subject to a variety of risks, including those that are described in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 and subsequent filings with the Securities and Exchange Commission.
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SOURCE McDonald's Corporation | https://www.whsv.com/prnewswire/2022/08/22/mcdonalds-announces-key-changes-board-directors/ | 2022-08-22T12:51:40Z |
HARRISBURG, Pa., Aug. 22, 2022 /PRNewswire/ -- Medical Marijuana Access and Patient Safety, Inc. issued the following statement on the Pennsylvania Department of Health's withdrawal of its appeal to recall certain vaporized medical marijuana products:
On August 17, 2022, the Pennsylvania Department of Health ("DOH") voluntarily withdrew its appeal of the preliminary injunction granted to Medical Marijuana Access and Patient Safety, Inc.'s ("MMAPS") to recall certain vaporized medical marijuana products (the "June 2 Order"). All products impacted by the June 2 Order can continue to be produced and sold through licensed dispensaries across the Commonwealth.
The ruling follows an order granting MMAPS's application to Vacate Automatic Supersedeas (the "June 15 Order"), which reinstated the Court's June 2, 2022 preliminary injunction against the DOH's recall.
In the June 2 Order, the Court concluded that DOH "failed to present any evidence to the Court of potential harm to medical marijuana patients due to the recalled products, or more specifically due to the addition of terpenes to these products." Furthermore, the Court identified that the DOH "did not call any witnesses during the preliminary injunction hearing or present any evidence regarding patient complaints or adverse events suffered due to the recalled products containing terpenes." The withdrawal of the appeal reaffirms this conclusion. In light of these facts, MMAPS believes the DOH should drop the remaining litigation to prevent further confusion and increased costs for patients.
MMAPS has submitted Right-To-Know Requests seeking to obtain any information or documents that would have supported the DOH's recall, but to date the DOH has resisted producing any information to support its decisions related to these products.
Earlier this year MMAPS, a coalition of patients, caregivers, doctors, industry members and advocates seeking to ensure safe, reliable access to medical marijuana in the Commonwealth, took the extraordinary step of filing a complaint against DOH over its unsupported recall of certain vaporized medical marijuana products because patients rely on the recalled products to relieve symptoms of serious medical conditions. Filings in the case can be found at www.pennmmaps.com.
Contact:
Judith Cassel
jdcassel@hmslegal.com
717-598-7464
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SOURCE Medical Marijuana Access and Patient Safety, Inc. | https://www.whsv.com/prnewswire/2022/08/22/medical-marijuana-access-patient-safety-inc-issues-statement-pennsylvania-department-healths-withdrawal-its-appeal-recall-certain-vaporized-medical-marijuana-products/ | 2022-08-22T12:51:47Z |
After Building Robotic Restaurant and Creating Menu at KitchenTown's 30,000 Sq Foot Bay Area Facility, Mezli Founders are Opening for Business at Mission Bay's Spark Social
SAN MATEO, Calif., Aug. 22, 2022 /PRNewswire/ -- Today Mezli, the world's first fully autonomous restaurant, announced its public opening after a several-year build out at KitchenTown, a food and food tech innovation center in San Mateo, California.
The concept was created by Stanford engineering students Alex Gruebele, Alex Kolchinski and Maxwell Perham to democratize access to healthy, delicious, convenient food. They brought their cutting-edge idea to KitchenTown to have the tools, infrastructure and culinary expertise needed to transform their technology into a viable modular restaurant model.
KitchenTown put the full weight of its resources and talent behind Mezli's development. In addition to investing in the start-up's seed round, it created a customized 'homebase' for the team to grow their ground-breaking concept into a consumer-ready operation. Specifically, KitchenTown:
- Provided a 5,000 square foot workspace in its Innovation Garage for the robot to be built
- Created Mezli's first menu with the help of KitchenTown Culinary Director Eric Minnich, now founding chef of Mezli
- Hosted a year-long pop-up restaurant where locals could purchase the Mezli bowls to provide real-time feedback on the food
- Advised the Mezli founders on the food industry and connected them with industry experts
KitchenTown Founder and CEO, Rusty Schwartz, says helping to fuel the development and growth of Mezli and launch it into the world is exactly the type of positive impact he intended to make when he built the multi-faceted campus in 2014 in the heart of Silicon Valley to fuel the most innovative food and food tech ventures.
"As a lifelong entrepreneur myself, I know that driving positive change in our food system has to happen from the ground up; from emerging innovators who are sustainability-minded, tech-savvy, eager to collaborate and hungry to scale,'' says Schwartz. "To play a critical role in making their visions a reality, KitchenTown has to provide the capability, infrastructure, mentorship and ecosystem. We are proud to see our mission pay off in being part of the development and growth of Mezli."
Mezli is currently located Spark Social and expects to be fully operational to the public by the end of August or early September. Click here for more information on KitchenTown and visit Mezli for more details on the robotic restaurant's menu and opening date.
About KitchenTown
KitchenTown is a Bay Area innovation hub uniquely equipped to drive change in the food system with expertise across the supply chain and a range of production facilities, and innovation services. They fuel start-ups with groundbreaking ideas in food, technology, and sustainability, help grow them to their potential, and get them ready to be introduced into the world. The multi-disciplinary team of food scientists, top chefs, operations specialists, technology experts, consumer analysts, and marketing strategists has the vision and agility to flex with the dynamic needs of early-stage companies. Hundreds of companies have come through their 30,000 square foot San Mateo campus since their founding in 2014. Visit www.kitchentowncentral.com for additional information.
About Mezli
Mezli is the first fully autonomous, robotic modular restaurant. It was created by three Stanford engineering students who were frustrated with the lack of great tasting, affordable meal options on campus and wanted to democratize access to healthy, convenient food. Using robotics reduces the overhead of resources and labor – which will cut the cost of a bowl-style meal in half - and is more environmentally friendly by emitting less carbon and reducing food waste. For more information, visit www.mezli.com.
MEDIA CONTACT:
Jessica Prah
Paramount Public Relations
312-953-3257
jessica@paramountpr.com
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SOURCE KitchenTown | https://www.whsv.com/prnewswire/2022/08/22/mezli-first-kind-autonomous-restaurant-officially-launches-kitchentown-food-innovation-center/ | 2022-08-22T12:51:53Z |
ARound's Stadium-Level Technology Signals Opportunity for Sports Teams, Entertainment Venues and Brands to Transform the Fan Experience
MINNEAPOLIS and NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Today, the Minnesota Twins announced the public launch of ARound, a first-of-its-kind stadium-level shared augmented reality (AR) platform, at Target Field in Minneapolis. This first-ever experience in a live sports setting keeps audiences engaged by capturing their attention during game downtime through immersive, interactive and shared experiences with fellow fans across the venue.
ARound, part of Stagwell (NASDAQ: STGW), uses 3D spatial computing to localize content to individual users throughout the venue, enabling Target Field's 40,000 attendees to see the same real-time 3D effects and participate in the same shared experiences. Using the ARound app, fans point their smartphone at the field to open up a universe of multi-user AR games such as Batter Up, Blockbuster, and Fishin' Frenzy – all designed to be played by interfacing with the physical ballpark and fellow fans in real time.
"We're excited to introduce our fans to this never-before-seen technology as we continue to evolve and enhance the Target Field experience," said Minnesota Twins Senior Director, Brand Experience & Innovation Chris Iles. "Part multi-player video game, part augmented reality, with the ability for future expansion into an interactive next-gen stats platform, we believe what we've built with ARound will provide fans a next-level experience available only at Target Field."
"Current AR platforms isolate users in singular experiences. ARound believes massive, multi-user AR enables a host of creative opportunities to redefine what it means to be part of a connected fan experience," said ARound Founder and CEO Josh Beatty. "Be it a player, a mascot, a brand, a play or even another fan, ARound captures people's attention and brings them closer to what's right in front of them – during times they might otherwise be unengaged and on their phones – turning distraction to interaction and enhancing their overall experience."
Fans can see and interact with real-time content led by action on the field, such as after homeruns, mascot races, or when the Twins take the field. During natural downtime, users can compete against their friends or fans in other sections to see who can knock down the most virtual blocks in the real-life outfield by throwing virtual baseballs or hot dogs at the structure.
"Shared augmented reality is the next frontier that sports teams, brands and other organizations should adopt as they look for ways to engage their audiences," said Stagwell Chairman and CEO Mark Penn. "At Stagwell, we don't just talk about the next frontiers of marketing and technology – we build them, and support founders through their growth."
ARound was the winner of Stagwell's annual "Shark Tank" innovation competition which invests in new product ideas proposed by the network's 13,000+ employees. ARound is part of the Stagwell Marketing Cloud, a proprietary suite of SaaS and DaaS tools built for the in-house marketer, spanning campaign ideation to activation and analysis. Products within the cloud include PRophet , a predictive AI platform for PR professionals; Koalifyed, an end-to-end influencer management platform; the Harris Brand Platform, delivering competitive brand intelligence; and more.
Journalists interested in covering the launch can access the press kit here.
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
The Minnesota Twins are a Major League Baseball team competing in the Central Division of the American League. The franchise has been a staple of the Minnesota sports and philanthropy scene since moving to the state in 1961. In addition to two World Series titles (1987 and 1991), the Twins have won 12 Division Championships (1969, 1987, 1970, 1991, 2002, 2003, 2004, 2006, 2009, 2010, 2019 and 2020) and three American League pennants (1965, 1987 and 1991). Since 2010, the Twins have played their home games at the award-winning Target Field in downtown Minneapolis. In addition, the Minnesota Twins Community Fund donates more than $1 million annually to benefit youth baseball and softball across Twins Territory. For additional information on the Minnesota Twins, please visit: twinsbaseball.com.
Media Contacts:
Minnesota Twins
Matt Hodson
MattHodson@twinsbaseball.com
ARound
Sarah Arvizo
pr@stagwellglobal.com
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SOURCE Stagwell Inc. | https://www.whsv.com/prnewswire/2022/08/22/minnesota-twins-bring-around-first-shared-augmented-reality-experience-live-sports-venue-target-field/ | 2022-08-22T12:52:00Z |
Strong adoption of composable commerce by retailers across the globe offers huge opportunities for growth, helps Myplanet secure investment from Tercera
TORONTO, Aug. 22, 2022 /PRNewswire/ - Myplanet, the leading composable commerce specialist, today announced it has received $11 million in funding from Tercera, a growth-focused investment firm specializing in cloud professional services. With this investment, Myplanet will extend its position in this rapidly growing space by deepening its MACH Alliance partnerships, delivering new innovative pre-packaged accelerators that democratize access to composable commerce, and doubling the size of its global talent base.
For more than a decade, Myplanet has been working with some of the world's most influential organizations on their digital experiences, leading over 100 commerce projects for companies like New Balance, UNTUCKit and Google. With nearly 200 experts, Myplanet is the largest composable commerce specialist in North America and a top-tier partner of MACH leaders like commercetools, Elastic Path, Contentful, Contentstack, Fluent and NewStore.
"We're at an inflection point in commerce. It used to be a shopping cart and a buy button; now it's experiences, subscriptions, consumption and connected devices," said Jason Cottrell, CEO and founder of Myplanet. "Composable commerce allows retailers to tap into this future and increase speed, reduce spend and build interconnectedness. With this infusion of capital from Tercera, a firm that deeply understands the space, we can accelerate that shift and become the place to go for composable commerce."
"Myplanet is a clear leader in API-first commerce," said Kelly Goetsch, Chief Strategy Officer at commercetools. "There's a reason our work together has won awards. This team is the complete package and any retailer looking to make the shift will be wise to look at Myplanet. This investment is going to further supercharge their team, and in turn the entire MACH Alliance ecosystem."
Today's retailers are dealing with a real "multi-problem" – how to provide a seamless customer experience across multiple channels, brands, geographies, languages, currencies, and business models – and the monolithic commerce solutions of the past can't keep pace. APIs and composable commerce solutions help retailers address this multi-problem. By 2023, Gartner predicts that half of new commerce capabilities will be delivered as API-centric services.
"What cloud did for computing, composable is doing for commerce," said Bill Petty, Partner at Tercera. "Myplanet's rich history in building digital experiences gave it an inside view into how the space has been evolving and what customers need. We're excited to partner with Jason and his diverse and incredibly talented team to build Myplanet into a global leader and the go-to MACH services partner."
Bill Petty, along with Tercera partner Michelle Swan, will join Myplanet's Board of Directors.
Tercera's investment will also be used to advance Myplanet's portfolio of composable commerce accelerators, which provide more than 35 pre-packaged integrations to different MACH solutions. Nearly 80% of Myplanet's current customers are using its Composable.comTM Accelerators to move faster into this new architecture, with less risk. The company plans to release additional accelerators for mobile and retail data in the next 12 months.
Luxury menswear retailer Harry Rosen entrusted Myplanet to lead their ambitious digital transformation. The use of MACH technologies to build a composable commerce solution helped the program recently win a prestigious MACH Award for Best Retail Project.
"Creating high-end experiences for our customers is the gold standard for Harry Rosen and working side-by-side with Myplanet made this program a resounding success," said Ian Rosen, President & COO of Harry Rosen. "Myplanet's mix of strategic insights, technical expertise and a willingness to roll up their sleeves, has created a platform that truly sets us apart."
- Read Tercera's Q&A with Myplanet's CEO
- Find out more about Myplanet's services
- Check out Myplanet accelerators on Composable.com
- Follow Myplanet on LinkedIn or Twitter
Tercera is an investment and advisory firm founded to accelerate the growth of people-centric businesses. Specializing in the $460 billion cloud professional services market, the Tercera team is composed of invested operators who know first-hand what it takes to build and scale a successful cloud services business. For more information, visit: https://www.tercera.io/.
Myplanet, a certified B Corp, specializes in composable commerce, customer data, and retail data platforms. With over a decade of experience in digital programs, the company has worked with great brands on impactful projects, building deep capabilities in data-driven design, AI implementation, and personalization, while forming strong partnerships with technology leaders as a member of the MACH Alliance. Myplanet is shaping the way organizations use technology to deliver context-aware, multi-interface experiences that equip them to meet their business goals. For more information, visit: https://www.myplanet.com/
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SOURCE Myplanet | https://www.whsv.com/prnewswire/2022/08/22/myplanet-secures-funding-expand-its-position-north-americas-largest-composable-commerce-consultancy/ | 2022-08-22T12:52:07Z |
The new low-global-warming-potential (GWP) solution for automobile air conditioning systems helps reduce servicing time, cost and eliminates call-backs, increasing customer satisfaction
MORRIS PLAINS, N.J., Aug. 22, 2022 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced that its new Solstice® yf UV — a low-global-warming-potential (GWP) refrigerant incorporating ultraviolet (UV) dye for leak detection support in automobile air conditioning systems — is now available at all participating NAPA Auto Parts stores across the United States. This is the first time Solstice yf (R-1234yf) refrigerant with UV dye will be available in the aftermarket.
The automotive service industry has traditionally used UV dye as a valuable tool to identify and repair air conditioning system leaks. With UV dye incorporated in Solstice yf, the solution provides precise leak detection, shortened service times, accurate repair verification and eliminates call-backs, increasing customer satisfaction. Solstice yf UV uses the same UV dye that car makers use on assembly lines and will allow service technicians to save time and money when servicing vehicles that were built with R-1234yf.
By the end of 2022, R-1234yf refrigerant will be used in almost 200 million cars on the road globally and in more than 95% of all new vehicles sold in the United States. By 2025, it is estimated that more than 100 million cars using R-1234yf will be on the roads in the United States, significantly expanding R-1234yf servicing opportunities for automotive shops.
"At NAPA Auto Parts, we are always looking for opportunities to carry new and innovative tools that help our customers repair vehicles faster and with ease. Honeywell's Solstice yf UV is exactly that type of product, and it has the benefit of being better for the environment," said Mike Pettyjohn, senior category manager for NAPA Auto Parts.
"As the first manufacturer to offer low-GWP R-1234yf with UV dye to the automotive industry, Honeywell is dedicated to supporting our end-user customers in their environmental transformations while helping them reduce costs and improve customer satisfaction scores," said Ken West, president of Honeywell Advanced Materials. "With NAPA Auto Parts as our retail launch partner, we are expanding our reach to support customers across the United States, strengthening our commitment to supplying the automotive aftermarket with ready-now solutions that have lower greenhouse gas emissions without sacrificing product performance."
Honeywell's Solstice yf UV is manufactured in the United States and is commercially available today at participating NAPA Auto Parts stores in 8-ounce cans as well as in 10- and 25-pound cylinders.
Honeywell has invested a billion dollars in research, development and new capacity for its Solstice technology, having anticipated the need for lower-GWP solutions to combat climate change more than a decade ago. The product line, which helps customers lower their greenhouse gas emissions and improve energy efficiency without sacrificing end-product performance, includes refrigerants for supermarkets, air conditioning for cars and trucks, blowing agents for insulation, propellants for personal and household care and solvents for cleaning solutions.
Customers utilizing Solstice technology have avoided the potential release of the equivalent of more than 260 million metric tons of carbon dioxide into the atmosphere, equal to eliminating the potential emissions from more than 55 million cars for one year.
Honeywell is committed to achieving carbon neutrality in its operations and facilities by 2035 and recently announced a new set of commitments that further advance its sustainability goals, including a science-based target with the Science Based Targets initiative (SBTi) that includes scope 3 emissions and participation in the U.S. Department of Energy's Better Climate Challenge. The company also supports the Paris Climate Agreement. These efforts build on the company's track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About 60% of Honeywell's new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.
For more information on Solstice® yf (R-1234yf), its applications, and impact, visit: https://sustainability.honeywell.com/us/en
About Honeywell
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
About NAPA Auto Parts
Through nearly 6,000 auto parts stores and over 17,000 auto care and collision centers in the U.S., NAPA has America's largest network of parts and care. The NAPA Network is supported by nationwide distribution centers with more than 560,000 available parts, accessories and supplies. Widely recognized for quality parts, rapid availability and knowledgeable people, NAPA Auto Parts stores serve automotive service professionals, do-it-yourselfers and everyday drivers with quality parts, accessories and supplies to keep cars, trucks and equipment performing safely and efficiently. For more information, visit www.napaonline.com.
Media Contact:
Stephanie Agresti
stephanie.agresti@honeywell.com
973-289-0377
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SOURCE Honeywell | https://www.whsv.com/prnewswire/2022/08/22/napa-auto-parts-becomes-first-major-retailer-carry-honeywells-new-solstice-yf-automotive-refrigerant-with-ultraviolet-leak-detection-dye/ | 2022-08-22T12:52:14Z |
HERZLIYA, Israel, Aug. 22, 2022 /PRNewswire/ -- Nayax Ltd. (TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business, today announced an integration partnership with Vagabond, a Washington, DC-based technology solutions company providing cloud-based management software and hardware tools for vending operators. This integration will enable Vagabond's customers to seamlessly deploy Nayax's leading EMV-certified VPOS Touch cashless readers into their vending operations. Nayax's solution enables operator growth and improved productivity.
"Our operators have been asking for Nayax's EMV, 4G LTE cashless payment solution to effortlessly work with their existing Vagabond set-up," said Juan Jorquera, CMO, Vagabond. "The ability to offer Nayax devices lets us empower operators by providing additional growth opportunities to customers so they can better tailor their offerings to accounts with the services they need."
"As a long-term customer of Vagabond, we were thrilled to learn of this new integration with Nayax – we have started incorporating Nayax devices into our machines and we have been impressed with their ease of installation. Our accounts love their look and feel, and we're relieved to have active customer support directly from Nayax, if we need help," said Chris Watson, VP Vending Operations, Capital Provisions. "Recent events in the unattended payments space have made it clear that upgrading our portfolio to Nayax's product and service offerings gives us significant peace of mind."
"We're excited to partner with Vagabond and provide their customers an easy path to access our EMV-certified VPOS Touch devices," said Carly Furman, CEO, Nayax LLC. "Vagabond's existing telemetry and management tools sync closely with the Nayax system, enabling their customers to benefit from the leading cashless solution in the market."
About Nayax
Nayax is a global commerce enablement and payment platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, a management suite, and consumer engagement tools, enabling merchants to conduct commerce anytime, anywhere. With global experience in serving the unattended retail industry, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. Today, Nayax has 9 global offices, over 700 employees, connections to more than 80 merchant acquirers, payment method integrations and is a recognized payment facilitator worldwide. Nayax's mission is to improve our customers' revenue potential and operational efficiency. www.nayax.com
About Vagabond
Vagabond (vgbnd.co) makes technology that modernizes the vending industry. Its operations, communications and payments technologies serve the convenience services industry -- businesses that provide vending, food service and related provisions to workplaces. Operators use Vagabond's platform for inventory management, product merchandising, service scheduling, truck routing, and financial reconciliation. Vagabond's IoT network delivers real-time business intelligence to operating teams in the field so they can maximize operating profits. Vagabond's workplace payments application, called vīv, enables mobile pay at vending machines and convenience markets; order-ahead and delivery at cafeterias and restaurants; and the ordering and fulfillment of office, breakroom and janitorial supplies in the workplace. This comprehensive commerce platform allows Vagabond to provide data-driven services to consumer packaged goods companies enabling promotion of particular products to individuals in real-time depending on their buying habits. Vagabond powers the convenience services industry by maximizing sales through merchandising, minimizing cost through operational efficiency, establishing new revenue streams for operators, and providing consumers a convenient payment experience.
Forward-looking statements
The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). Said forward-looking statements, relating to the initial public offering, are subject to uncertainties and assumptions and the actual results may materially differ. All forward-looking statements in this press release are based on information available to Nayax on the date hereof. All written or oral forward-looking statements attributable to Nayax are expressly qualified in their entirety by the factors referred to above. Nayax does not intend to update these forward-looking statements.
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Nayax Public Relations Contact:
Courtney Tolbert
5W PR
ctolbert@5wpr.com
Nayax Investor Relations Contact:
ICR
ir@nayax.com
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SOURCE Nayax | https://www.whsv.com/prnewswire/2022/08/22/nayax-announces-integration-partnership-with-vagabond/ | 2022-08-22T12:52:20Z |
Study uncovers U.S. consumers and digital media experts' perspectives on the future of privacy-first advertising and the role of media quality solutions in moving the industry forward
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Integral Ad Science (NASDAQ: IAS), a global leader in digital media quality, today released its 2022 Future of Privacy-First Advertising Report. In partnership with YouGov and a market research firm, IAS surveyed 1,131 consumers and 346 digital media experts on their perspectives regarding upcoming online data and privacy policy changes, the future of ad targeting and how media quality solutions can empower marketers to deliver.
Results surfaced consumers' substantial concerns regarding the security of their personal information online, lack of awareness of data privacy legislation to regulate the collection and use of their personal data and high levels of discomfort with their online data being used for advertising purposes.
"With upcoming online data and privacy policy changes coming down the pipe, privacy continues to be a priority for both consumers and media experts," said Yannis Dosios, Global Chief Commercial Officer (CCO), IAS. "IAS is well-suited to help ease the concerns of privacy policy transitions through our contextual targeting solutions that will help advertisers reach their ideal audience at scale, all while respecting their privacy."
The report delves into a disconnect regarding how important it is for media professionals to understand data privacy policy, their degree of concern about how policies will impact their work and what organizations are actually doing to navigate these changes. The report also looks at how brands are currently navigating cookie depreciation through contextual, privacy-first advertising strategies that target consumers without using personal data.
Based on the report, these key takeaways will guide advertisers' data privacy approach for the foreseeable future:
- Online data privacy is essential to consumers, but their confidence in the security of their online data is lacking — While consumers agree that data privacy is a priority, only half (50%) feel confident in the security of their online data when browsing the web. Furthermore, over two-thirds (67%) of consumers say they are more vigilant than ever about their online data and privacy.
- Consumers are aware of different targeting strategies. Still, they can be uncomfortable using their data for advertising purposes – Nine in ten consumers (90%) know that websites and apps collect and share their data for advertising purposes, but the majority (68%) are still uncomfortable despite the personalization. Brands have the opportunity to shift the targeted ad experience to be driven by contextual relevance, leading to a more positive experience for consumers and increased outcomes for advertisers.
- Despite the majority of media experts' concern about changing privacy policies, many are not knowledgeable about these policies, and the majority do not have a clear strategy in place for managing them — Nearly two-thirds (62%) of media experts agree that having an understanding of data privacy is a priority this year, with the overwhelming majority (89%) saying privacy relating to Personally Identifiable Information (PII) is top of mind for brands. However, only about half of digital media experts are familiar with privacy policy-related topics about browsers (53%), regulations (51%) or mobile identifiers (45%). Moreover, nearly one-third (29%) of media experts say their company has done nothing to manage forthcoming policy changes; only 36% said they had assigned a team to manage changes.
- Brands should align ads with contextually relevant content that better resonates with consumers as privacy policies shift — Two-thirds (66%) of consumers said that they are likely to visit a brand or product's website after being served a targeted advertisement. Contextual targeting is a straightforward option for advertisers considering consumers' privacy concerns and desire for relevance; only 29% of media experts have implemented this strategy. Most media experts (51%) agree that media quality solutions will become more important to ensure the right audiences are being reached — and that ad buyers and sellers must actively work together throughout privacy changes.
For more information, visit https://integralads.com/.
Integral Ad Science (IAS) is a global leader in digital media quality. IAS makes every impression count, ensuring that ads are viewable by real people in safe and suitable environments, activating contextual targeting, and driving supply path optimization. Our mission is to be the global benchmark for trust and transparency in digital media quality for the world's leading brands, publishers, and platforms. We do this through data-driven technologies with actionable real-time signals and insight. Founded in 2009 and headquartered in New York, IAS works with thousands of top advertisers and premium publishers worldwide. For more information, visit integralads.com
Media Contact:
press@integralads.com
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SOURCE Integral Ad Science, Inc. | https://www.whsv.com/prnewswire/2022/08/22/new-ias-report-finds-majority-media-experts-are-concerned-about-changing-policies-impacting-their-digital-media-buys/ | 2022-08-22T12:52:27Z |
CHICAGO, Aug. 22, 2022 /PRNewswire/ -- NinjaTrader Group, LLC, a global leader in clearing, brokerage and technology solutions for active traders through its subsidiaries NinjaTrader and Tradovate, announced today that Hazim Macky has joined the firm as Chief Technology Officer (CTO). Macky brings more than 20 years of software engineering and technology leadership experience to the newly established role, reporting to NinjaTrader Group CEO Martin Franchi.
Franchi said: "NinjaTrader Group is committed to innovation and, through technology, making futures available to a broader audience. Hazim has a tremendous track record of building and enhancing easy-to-use technology that has a tangible impact all over the world, including with iconic brands like Amazon and Microsoft. His experience and leadership will bring the technology experience we offer our clients to an entirely new level."
Macky said: "I'm excited to join NinjaTrader Group, an organization committed to unlocking value for its fast-growing client base with technology that is best-in-class and intuitive. Technology is a key differentiator that enables NinjaTrader's mission of transforming retail futures and meeting the trading community's growing demand for innovative products and services. Over the coming year, we'll be significantly expanding our team, attracting great talent and investing in diversity as we build out new products and offerings."
Macky previously served since January 2021 as VP of Engineering & CISO (Chief Information Security Officer) for Coinme, a leading cryptocurrency cash exchange in the U.S., where he ran the engineering, infrastructure and security, and data analytics organizations.
Prior to Coinme, Macky held the role of Director, Financial Systems of Remitly, a leading digital financial services provider for immigrants and their families in over 170 countries around the world, which went public in September 2021.
Before Remitly, Macky held software engineering management positions at Amazon and Microsoft. He led the Amazon engineering teams that propelled voice shopping into the future via the now-ubiquitous Alexa personal assistant and also oversaw the homepage and shared navigation engineering teams to ensure the quality of the Amazon.com customer experience. At Microsoft, Macky was a member of the engineering leadership team driving the Customer Experience for the company's Bing search engine. His career also included multiple roles at various subsidiaries of Egypt-based mobile telecommunications company Orascom Telecome Holding.
Macky earned a Bachelor of Science degree in computer sciences from Ain Shams University in Cairo and an MBA from the Maastricht School of Management in the Netherlands.
NinjaTrader and Tradovate both offered trading from day one of the new Nano Bitcoin futures launched in June by Coinbase Derivatives Exchange, enabling clients to trade the contract without any commissions or market data fees. Through support of the rapidly expanding retail trader audience, as well as ongoing product and service innovation following NinjaTrader Group's acquisition of Tradovate Holdings, LLC, year-to-date trading activity at the combined entity exceeded 65 million futures contracts.
About NinjaTrader Group, LLC
NinjaTrader provides award-winning trading software and futures brokerage services to active futures traders. Founded in 2003, NinjaTrader has evolved into an industry leader supporting over 600,000 traders around the globe with best-in-class technology, discount commissions and world-class support. Tradovate, a subsidiary of NinjaTrader Group, is an online futures brokerage firm dedicated to meeting the needs of active retail traders. Tradovate offers a modern, cloud-based futures trading platform and subscription-based, commission-free trading. Tradovate powers futures trading from anywhere, with complete access to download the platform for Windows and/or Mac, log in on the web with Chrome and other browsers, and trade via mobile Apple or Android devices.
Visit www.ninjatrader.com and www.tradovate.com or on Twitter at @NinjaTrader and @Tradovate.
FULL RISK DISCLOSURE: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Trading virtual currency derivatives have a variety of unique and potentially significant risks. Please read the CFTC & NFA virtual Currency Transaction Disclosures prior to any virtual currency trading.
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SOURCE NinjaTrader | https://www.whsv.com/prnewswire/2022/08/22/ninjatrader-group-appoints-hazim-macky-chief-technology-officer/ | 2022-08-22T12:52:34Z |
Colorado-based company protects businesses of all sizes from data exfiltration due to compromised cryptographic secrets
DENVER, Aug. 22, 2022 /PRNewswire/ -- Ntrinsec has announced the formal launch of its new key security automation platform. The platform eliminates security risks around encryption key reuse and poor key management. Integrating with third-party key management systems (KMS), hard security modules (HSMs), certificate authorities, and major cloud providers, Ntrinsec offers full automation around all key lifecycle processes. This ensures all keys adhere to best practices and it will make key compromise a thing of the past.
Automating machine identity secrets at scale, Ntrinsec has built a moving-target defense strategy that outmaneuvers cybercriminals in today's increasingly complex environments. Users can automatically and safely map all keys and host machines within the platform to ensure proper key hygiene and identify exploitable key reuse. Ntrinsec then powers intelligent crypto-reduction policies and creates anomaly detection and automation for quick remediation, effectively stopping data breaches before they even begin.
With a potent combination of technology and a team with decades of expertise, Ntrinsec is in a prime position to solve today's data protection challenges. "We are excited to introduce the world's first key security automation platform from Ntrinsec. Our goal is to protect organizations from data breaches, and this tool has the strength to do just that," said Ntrinsec CEO, Michael Leidesdorff. Ntrinsec's moving target defense approach is making sure that digital secrets are kept safe in perpetuity. "Bad actors are increasingly exploiting key hygiene issues like key-reuse and local wallets. With this attack vector quickly growing and industry standards calling only for annual key rotation, which is hopelessly out-of-date, a platform like Ntrinsec is needed now more than ever."
Headquartered in Denver, Colorado, Ntrinsec is founded by serial cybersecurity entrepreneurs with a track record of pioneering cloud automation technologies to tackle the tough challenges within the identity and secrets management space. Ntrinsec was founded with the explicit mission of protecting businesses of all sizes from data exfiltration due to compromised cryptographic secrets. Ntrinsec's platform is designed to make key compromise, increasingly a leading cause of enterprise data breaches, a thing of the past. For more information, visit https://ntrinsec.io/
Media contact:
Van Bram - Washington DC – Miami
jenn@vanbram.co
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SOURCE Ntrinsec | https://www.whsv.com/prnewswire/2022/08/22/ntrinsec-makes-key-compromise-thing-past-with-launch-groundbreaking-key-security-automation-platform/ | 2022-08-22T12:52:41Z |
Odd Burger Signs Four New Franchise Agreements, Launches Mobile App and Provides Corporate Update
Published: Aug. 22, 2022 at 7:30 AM EDT|Updated: 1 hour ago
LONDON, ON, Aug. 22, 2022 /PRNewswire/ - Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9),one of the world's first vegan fast-food chains and the first to go public, today announced that it has signed four new Franchise Agreements in the last thirty days – a record number for the Company. The new franchise locations will be in Surrey BC, Brampton ON, Oakville ON and Regina SK.
The Surrey, BC Franchise Agreement was signed with Christopher & Kiran Kroh. The franchisees are currently seeking a location in South Surrey and, once a location is secured, plan to open some time in 2023. The location will be the third Franchise Agreement signed in the Province of British Columbia with the two other locations slated to open in Victoria and Vancouver.
A Franchise Agreement was also executed for the previously announced Brampton, ON location at 9055 Airport Road, Brampton, ON. Franchisees Jayant Ahluwalia and Divneet Kaur will take over operations at the Brampton location prior to the store opening. Construction at the Brampton location is nearing completion and the location is expected to open in September, 2022 pending approval from local municipal authorities. Grand opening details will be announced on the Company's social media accounts in the near future. Odd Burger currently has 7 other locations operational in Ontario.
The Company also executed a Franchise Agreement for a location in Oakville, ON. Franchisees Vijaykumar & Trupti Mehta plan to open their location at Dorval Crossing West, Oakville, ON which was previously secured by Odd Burger and will be subleased to the franchisees pending approval from the landlord. The franchisees plan to start the process of obtaining permits soon with construction to begin once permits are approved.
Odd Burger is also pleased to announce its first location in the Province of Saskatchewan. A Franchise Agreement was executed between the Company and Jatin Arvindbhai Patel, Anilkumar Jivanlal Patel, and Kuldipsinh Vaghela for a location in Regina, SK. The franchisees are currently seeking an ideal location to open up their Odd Burger franchise as it will be one of the first vegan fast food chains to operate in Saskatchewan. This will be the third Franchise Agreement executed in Canada's prairie provinces, with two other locations previously announced in Calgary and Edmonton Alberta.
"We are seeing a rapid acceleration of our franchising operations all across Canada,"says James McInnes, co-founder and CEO of Odd Burger. "The strategic partnerships with our area representatives are proving to be extremely effective as they have brought in incredibly passionate franchisees that believe in our mission and will help make Odd Burger the world leader in vegan fast food".
Previously, Odd Burger signed two Area Representative Agreements that will see over 76 additional locations opening in the next 8 years in Ontario, British Columbia and Alberta. As it currently stands, the company has signed a total of 10 new Franchise Agreements in addition to its operational franchise in Windsor, ON and its 6 other corporate locations in Ontario. As it plans to launch in the U.S. soon, the Company has also established a Delaware-based franchisor corporation and has largely completed its U.S. Franchise Agreement.
Odd Burger is pleased to announce the launch of a newly developed mobile application for both Apple and Android based mobile devices. The mobile app will provide customers with a loyalty program whereby customers can receive points when they place orders on the app and then customers are able to redeem those points for Odd Burger food or credits towards future purchases.
Customers can also receive a free Famous Burger when they download the app and place their first order. In addition, the company has implemented a referral program in which both the customer and their friend receive five dollars towards their next purchase when they refer a friend to download the app and after that friend places their first order.
The mobile app launched on August 17th and was downloaded by nearly 1000 new users in the first 48 hours. Odd Burger worked with Smooth Commerce to develop the app and successfully launch it into the marketplace.
"We are blown away by the degree of interest in our new mobile app," says James McInnes, co-founder and CEO of Odd Burger. "The huge initial uptake of our Odd App demonstrates the passion that our customers have for our brand and their excitement to share it with their friends and family".
"We are extremely excited to partner with the Odd Burger team to implement some of the most sophisticated mobile app technology available for the restaurant industry," says Brian Deck, CEO of Smooth Commerce. "Utilizing the Smooth Commerce platform reduces the technology burden for our partners and provides their customers with a seamless user experience that would otherwise take years to develop. We look forward to watching Odd Burger's sales and customer base grow as a result of the new program".
Board and Officer Composition Update
The Company is pleased to announce that Francois Arbour has joined Odd Burger's Board of Directors. Arbour is a serial entrepreneur, technologist, and investor with more than 20 years of experience in digital marketing, e-commerce, and technology. He is currently the co-founder and CEO of designstripe.com, a design tool for non-designers. Francois founded Premiumbeat.com in 2004 as one of the first websites to sell royalty-free stock music online. He sold Premiumbeat.com to Shutterstock in 2015, where he stayed on as an executive for 2 years. Francois then invested in more than 80 startups, including companies like Oura Ring, Fightcamp, Palantir and Instacart.
The Board of Directors is now comprised of James McInnes (Chairman), Vasiliki McInnes, Edward (Ted) Sehl, Michael Fricker, Bill McDonald and Francois Arbour. Bill McDonald will not be standing for election at the next shareholders meeting and will be replaced at that time by Utsang Desai.
Officers of the company are comprised of James McInnes (President and CEO), Ted Sehl (CFO), Vasiliki McInnes (COO), Avra Epstein (Vice President, Marketing) and Trevor Wong-Chor (Corporate Secretary).
Granting of Stock Options
An aggregate of 150,000 options to purchase company shares exercisable at a price of $0.40 for a period of five years has been issued to Arbour in connection with his appointment to the Board of Directors.
The Company has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the grant of these Options. The Options are subject to TSX Venture Exchange acceptance.
About Odd Burger Corporation
Odd Burger Corporation is a chain of company-owned and franchised vegan fast-food restaurants as well as a food technology company that manufactures and distributes a line of plant-based protein and dairy alternatives under the brand Preposterous Foods to foodservice channels. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol ODD, on the OTCQB under ODDAF, and the Frankfurt Stock Exchange under IA9. For more information visit https://www.oddburger.com.
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements that relate to among other things, the Company's strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" and words and expressions of similar import. Forward looking information contained or referred to in this news release includes statements relating but not limited to: completion of the new manufacturing facility, the impact of the development agreement in the areas discussed; the expected future expansion of Odd Burger locations and the number of franchises and the benefits the Company expects to derive therefrom; as well as the number of retail outlets to be opened and the Canada Small Business Financing Program discussed herein. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: financing risk, general business and economic conditions (including but not limited to currency rates); changes in laws and regulations; legal and regulatory proceedings; and the ability to execute strategic plans. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.whsv.com/prnewswire/2022/08/22/odd-burger-signs-four-new-franchise-agreements-launches-mobile-app-provides-corporate-update/ | 2022-08-22T12:52:47Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Phil Gaudreau to its team of Operating Partners. Working in tandem with existing One Rock Operating Partners Sally Cunningham, Susan Fiesta, and Andrea Greene, Mr. Gaudreau will be responsible for driving post-acquisition value through strategic financial, accounting and HR solutions at One Rock's portfolio companies.
Mr. Gaudreau joins One Rock with over 20 years of experience in controllership and financial accounting. He previously served as Vice President and Controller at Armstrong Flooring, Inc., a leading multinational producer of resilient flooring products, where he led all accounting, financial reporting and financial information system functions. Prior to Armstrong Flooring Inc., Mr. Gaudreau was Director of Financial Reporting and Consolidation at Harsco Corporation. Earlier in his career, Mr. Gaudreau held roles as Manager of Accounting Projects at Comcast Corporation, Project Controller at Liberty Property Trust and Senior Associate in Audit at PricewaterhouseCoopers, LLC.
"One Rock remains committed to building out an experienced Operating Partner team to support our diversified set of portfolio companies," said R. Scott Spielvogel, Managing Partner of One Rock. "We're confident that with his significant leadership experience and expertise in accounting and financial reporting, Phil will prove valuable in working with a number of our companies."
"One Rock has significant experience partnering with its portfolio companies to help them achieve and maintain financial and operational excellence," said Mr. Gaudreau. "I look forward to applying my financial accounting and management background as I work alongside the other Operating Partners to support growth strategies across One Rock's portfolio."
Working with Operating Partners has been a key part of One Rock's strategy since inception.
One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries. The involvement of these Operating Partners affords One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. For more information, visit www.onerockcapital.com.
Julia Cohen
Prosek Partners
pro-onerock@prosek.com
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SOURCE One Rock Capital Partners, LLC | https://www.whsv.com/prnewswire/2022/08/22/one-rock-capital-partners-expands-operating-partner-team-with-addition-phil-gaudreau/ | 2022-08-22T12:52:54Z |
Sale represents the third exit from Pharos's third fund
DALLAS and NASHVILLE, Tenn., Aug. 22, 2022 /PRNewswire/ -- Pharos Capital Group, LLC ("Pharos"), a private equity firm based in Dallas and Nashville, announced today it has sold its stake in portfolio company TechLab, Inc. ("TechLab"), a leading developer and manufacturer of rapid, non-invasive diagnostic tests for infectious disease, intestinal inflammation, and parasitology, to SSI Diagnostica, a portfolio company of the private investment firm Adelis Equity ("Adelis"). Terms of the transaction were not disclosed.
SSI Diagnostica is a developer and manufacturer of diagnostics products based in Copenhagen, Denmark. SSI Diagnostica's global distribution network and production capability will complement TechLab's U.S. and global operations to grow the scale of the combined company's diagnostics business. TechLab will continue to operate out of its Virginia R&D and manufacturing facilities, and will retain its workforce subsequent to the transaction. TechLab's existing management team will remain with the company.
"Pharos is a committed investor in the diagnostics sector, and we are pleased to have worked with TechLab to expand the company's distribution network and the reach of its enteric diagnostic tools," said Joel Goldberg, Partner at Pharos Capital Group. "Our hope is that TechLab will continue to thrive with SSI Diagnostica as it continues to grow its product offering to help reduce the annual economic and medical burden of healthcare-associated infections by giving practitioners the means to quickly assess patient needs, improve outcomes, and decrease readmissions."
Pharos initially invested in TechLab in September 2016 out of its Pharos Capital Partners III/III-A funds. In addition to its diagnostic testing for infectious disease, intestinal inflammation, and parasitology, TechLab also offers testing products for gastrointestinal conditions, including Inflammatory Bowel Disease, Irritable Bowel Syndrome, and E. coli. The Company's low-cost tests improve clinical decision-making, reduce time to treatment, and lower unnecessary hospital spend. The company's flagship product, QUIK CHEK®, is now the market-leading test for C. difficile, the third most common Healthcare-Associated Infection (HAI) in the US.
"Our partnership with Pharos has been extremely rewarding, and we are delighted with the growth of our suite of diagnostic tools and our operational capabilities," said Daniel Delaney, TechLab CEO. "We look forward to working with our new partners, SSI Diagnostica and Adelis Equity, to continue to expand the global scope of our products and develop new life sciences technologies."
Lincoln International served as the exclusive financial advisor and Gibson Dunn served as legal counsel to TechLab and Pharos on the transaction.
Founded in 1989, TECHLAB, Inc. is a leading developer and manufacturer of diagnostic products. The Company has a portfolio of diagnostic tests for infectious disease and intestinal inflammation testing. TECHLAB also performs diagnostics and life science contract manufacturing and services. TECHLAB is headquartered in Blacksburg, Va. and manufactures its diagnostic tests in the United States at its state-of-the-art manufacturing facility in Radford, Va. For more info, visit www.techlab.com.
Based in Dallas and Nashville, Pharos Capital Group (www.pharosfunds.com) is physician-founded investment firm focused on growing healthcare companies that aim to lower the total cost of care, improve patient outcomes and expand access to care in underserved communities. Since inception, Pharos has invested in 57 companies and has over $1.2 billion of private equity assets under management as of June 30, 2022. Pharos typically invests $25-$50 million in rapidly growing middle market companies seeking later stage funding for internal growth, acquisitions, leveraged buyouts, management buyouts, or recapitalizations predominantly across healthcare sectors.
For business development opportunities with Pharos Capital Group, please contact Adam Persiani at 214-740-7003 or apersiani@pharosfunds.com.
Media Contact
Jennifer Hurson
Lambert
(845) 507-0571
jhurson@lambert.com
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SOURCE Pharos Capital Group, LLC | https://www.whsv.com/prnewswire/2022/08/22/pharos-capital-sells-techlab-inc-ssi-diagnostica/ | 2022-08-22T12:53:01Z |
MONUMENT, Colo, Aug. 22, 2022 /PRNewswire/ -- Prescott's, Inc. ("Prescott's"), the leading provider of refurbishment, maintenance, repair and service work for surgical microscopes utilized in hospital operating rooms and ambulatory surgery centers and a portfolio company of Atlantic Street Capital ("ASC"), announced today its expansion into the anesthesia specialty service and support sector with the acquisition of Heartland Medical Sales & Service ("Heartland").
Founded in 1998 by Bradly Rumph and headquartered in Louisville, KY, Heartland focuses on delivering reliable service, repair, refurbishment and sales of anesthesia machines and related equipment. As Heartland has grown, their equipment capabilities have expanded as well to include single replacement devices to the complete outfitting of surgery centers and other medical facilities and equipment rental, refurbishment, and repair services. Heartland remains dedicated to its roots as a service company which is a natural extension of Prescott's business. Visit www.heartlandmedical.com.
Dylan DiJulio, Chief Executive Officer of Prescott's, commented, "We are thrilled to have Heartland join the Prescott's family. This will allow us to continue to provide our clients with superior technical service and support of specialized surgical equipment nationwide while expanding our service offering to a broader product expertise. The anesthesia category is a natural extension of our business given the operational similarity and highly specialized skill required to provide field service support and repair and reconditioning capabilities. Brad Rumph has built an impressive company perfectly aligned with our service focused model. We believe our existing client base will welcome the additional capabilities that further differentiate us as a market leader."
Brad Rumph, President and co-founder of Heartland, said, "For nearly 25 years, our mission at Heartland has been to serve as a trusted service partner to healthcare providers to ensure their medical equipment is reliable, safe, and always operational. We are proud of our tech staff and entire team who now look forward to being a part of Prescott's and helping to expand this natural extension of their business."
Prescott's investment in Heartland represents the first of several anticipated acquisitions in the anesthesia refurbishment, maintenance, repair and service sector as well as other related contractual outsourced service, repair and maintenance business models serving the hospitals, integrated delivery networks (IDNs), surgery centers and specialty practice environments.
About Prescott's Inc.
Founded in 1984 and based in Monument, Colorado, Prescott's, Inc. is the leading provider of refurbishment, maintenance, repair and service work for surgical microscopes utilized in hospital operating rooms and ambulatory surgery centers primarily in the neuro, ophthalmic and ENT surgical specialties. Visit www.surgicalmicroscopes.com.
About Atlantic Street Capital
ASC is a private equity firm that invests in lower middle market companies poised for the next level of growth. The firm targets entrepreneurial management partners and fundamentally sound companies between $4 million and $25 million of EBITDA that will benefit from capital investment and ASC's value-added strategic and operational support. As a result, ASC works closely with management to unlock their business' underlying value and help them succeed. For more information www.atlanticstreetcapital.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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SOURCE Prescott’s, Inc. | https://www.whsv.com/prnewswire/2022/08/22/prescotts-inc-announces-expansion-into-anesthesia-specialty-service-with-acquisition-heartland-medical-sales-amp-service/ | 2022-08-22T12:53:07Z |
Albert Wu, MD, PhD, a recognized advocate of using stem cell therapy to treat eye conditions, will advise company's development of ocular tissue rejuvenation therapeutics
MOUNTAIN VIEW, Calif., Aug. 22, 2022 /PRNewswire/ -- Turn Biotechnologies, a cell rejuvenation company developing novel mRNA medicines to cure untreatable, age-related conditions, today announced that Albert Wu, MD, PhD, will oversee its development of ophthalmic therapeutic products as an advisor to the company.
A board-certified ophthalmologist and fellowship-trained specialist in oculoplastic and orbital surgery, Wu's academic work has focused on developing treatments for vision loss and eye disease.
At Turn Bio, he will shepherd work on TRN-004, a formulation to rejuvenate ocular tissues, including corneal, limbal and conjunctival epithelial cells, as well as corneal endothelial cells. Preclinical results show the formulation reduces inflammation, oxidative stress, and cell senescence.
TRN-004 is a tailored protein cocktail to rejuvenate targeted cells in the eye. It is produced using Turn Bio's unique mRNA-based ERA™ (Epigenetic Reprogramming of Aging) platform.
"Albert's life mission is to transform ophthalmology by making regenerative medicine an accepted treatment for people worldwide suffering from diseases of the eye," said Anja Krammer, the company's CEO. "His vision and experience will help us redefine how eye doctors treat age-related vision conditions for which no real cure exists."
Wu has nearly two decades of experience with ophthalmology and cellular biology. He has been honored by the National Institutes of Health, American Society of Ophthalmic Plastic and Reconstructive Surgery, Icahn School of Medicine at Mount Sinai, the University of Washington and Yale University.
"Our work has the potential to revolutionize eye care to preserve patients' vision and, ultimately, restore it," said Wu. "The ability to produce cell rejuvenation therapies and deliver them with pinpoint accuracy offers enormous promise to millions of people around the world whose sight has been compromised by untreatable conditions."
Wu received his bachelor's degree in Molecular Biophysics and Biochemistry from Yale University, his medical degree and doctoral degree in Molecular and Cellular Biology from the University of Washington. He has co-authored 55 articles on his research discoveries and has contributed to textbooks on ophthalmology and ophthalmologic oncology. He is a frequent presenter at national and international medical conferences.
ABOUT TURN BIOTECHNOLOGIES
Turn Bio is a pre-clinical-stage company focused on repairing tissue at the cellular level. The company's proprietary mRNA platform technology, ERA™, restores optimal gene expression by combatting the effects of aging in the epigenome. This restores the cells' ability to prevent or treat disease, heal or regenerate tissue and fight incurable chronic diseases.
The company is currently completing pre-clinical research on tailored therapies targeting indications in dermatology and immunology, as well as developing therapies for ophthalmology, osteo-arthritis and the muscular system. For more information, see www.turn.bio.
FOR MORE INFORMATION, CONTACT:
Jim Martinez, rightstorygroup
jim@rightstorygroup.com or (312) 543-9026
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SOURCE Turn Biotechnologies, Inc. | https://www.whsv.com/prnewswire/2022/08/22/prominent-ophthalmologist-will-guide-turn-bios-search-therapies-cure-eye-diseases/ | 2022-08-22T12:53:14Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Phoenix Tower International, LLC ("PTI"), through its Spanish subsidiary (Phoenix Tower International Spain ETVE, S.L.U.), U.S. subsidiary (Phoenix Tower US Holdings (REIT) Inc.), and its Chilean subsidiary (Phoenix Tower International Chile SpA) announced today that it has amended and restated its senior credit facilities to consolidate and expand them into a single US$2.0 billion senior secured multi facility transaction covering all of North and South America.
The amended transaction comprised of the following senior secured facilities: (i) a US$1,404 million term loan, (ii) a US$540 million delayed draw term loan, and (iii) a US$56.0 million revolving credit facility, all of which are due in August 2027 (5 year). Proceeds from the Facilities will be used to: (i) repay existing indebtedness including related fees and expenses and fund the acquisition of the Chilean portfolio of wireless tower assets from WOM S.A. ("WOM"), (ii) fund future capital expenditure requirements and acquisitions, and (iii) fund working capital requirements, respectively.
As part of the Chilean transaction, PTI acquired from WOM 2,334 tower sites at the initial closing and 1,466 additional sites to be delivered by 2024 for a total consideration of approximately $930M. PTI has become the largest communications tower owner in Chile, expanding its global presence to over 22,000 towers in 19 countries.
White and Case LPP acted as external legal counsel of the lenders, and Locke Lord LLP acted as external legal counsel of the company.
In addition to Scotiabank acting as Sole Lead Arranger and Sole Bookrunner in the financing, and Sole Financial Advisor in the acquisition, the following banks acted as Senior Mandated Lead Arrangers or Mandated Lead Arrangers, while 13 other institutions acted as Lead Managers, Managers and Participants: BNP Paribas, Crédit Agricole Corporate & Investment Bank, ING Capital LLC, Banco Santander, S.A., Sumitomo Mitsui Banking Corporation, Societé Générale, JP Morgan Chase Bank, N.A., MUFG Bank, Ltd.
About Phoenix Tower International
Pro forma for pending transactions, PTI, through its affiliates and subsidiaries, owns and operates over 22,000 telecom towers throughout Europe, the United States, Latin America and the Caribbean.
PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI's investors include funds managed by Blackstone and various members of the management team and is headquartered in Boca Raton, Florida. For more information, please visit www.phoenixintnl.com
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SOURCE Phoenix Tower International | https://www.whsv.com/prnewswire/2022/08/22/pti-secures-2-billion-multi-facility-transaction/ | 2022-08-22T12:53:20Z |
Ultimate Deathknight is Available to All Players From August 25th Through October 27
TEL AVIV, Israel, Aug. 22, 2022 /PRNewswire/ -- Plarium, a global leader in developing F2P mobile and PC games with more than 435 million users worldwide, announces that fan-favorite character Deathknight makes his long-awaited debut as a Legendary Champion in acclaimed mobile collection RPG RAID: Shadow Legends. Ultimate Deathknight will be free for all players during a two-month loyalty in-game event from August 25 through October 27, 2022.
Since RAID launched in 2018, Deathknight has become the most recognizable face of the RAID brand and developed a massive cult following for his humorous and good-natured attitude and forlorn aspirations of becoming a powerful hero. He has also served as a lead in many of RAID's most viral commercial spots including RAID 2nd Anniversary, RPG Life Training, Therapy, DK Dreams Big, and RAID 3rd Anniversary. Finally, everyone's favorite underdog gets his day in the sun.
"Deathknight became instantly beloved by fans, and we couldn't be more excited to answer the call from so many to finally bring them a Legendary version of Deathknight," said Nick Day, VP of Creative at Plarium. "And to the fans that have always been rooting for the original Deathknight, 6-starring him, and putting him in your lineup regardless of how much weaker it made your team, this Ultimate Deathknight is for you. We (and OG Deathknight) will always appreciate your support and dedication."
Hosting the Ultimate Deathknight event is none other than…. The original Deathknight himself! Alongside the Ultimate Deathknight Champion, Plarium has brought Deathknight to life for the RAID community—and in advertising—using a cutting-edge real-time rendered motion capture avatar. Players can follow the skeleton himself on his Facebook and Twitter at @OGDeathknight for first-look reveal of his new Champion, running campaign commentary, and live appearances from high profile streamers and creators over the coming months.
"I'm so proud to officially announce my partnership with Raid as the face… uh, skull, if you will - of the Ultimate Deathknight Campaign," said Deathknight. "I'll be hosting this amazing event from August 25 through October 27, and I just want to say, this has been… lifechanging. Humbling. I mean, come on - I'm doing press interviews! I met Jeff Goldblum! Heck, I have an agent! To all my fans out there - my "Skeleton Crew" - I wouldn't be here without you pushing for this for all these years. I just want you to know that while I'm getting bigger, stronger, and hopefully better - I'm not gonna change. Let's go get some #Justice4Deathknight."
RAID: Shadow Legends is available to download on iOS and Android mobile devices, as well as PC through the Microsoft Store or the Plarium Play platform.
Plarium Global Ltd. is dedicated to creating the best mobile and PC experience for its community of over 435 million hardcore and casual gamers worldwide. Our diverse portfolio includes over 20 games ranging from hardcore RPGs to casual adventures, featuring acclaimed titles such as RAID: Shadow Legends, Vikings: War of Clans, Lost Island: Blast Adventure, and the Stormfall franchise. The App Store and Google Play regularly feature our games, with Facebook twice recognizing us as a top hardcore Facebook developer. Plarium employs more than 1,800 specialists at its headquarters and across seven offices and development studios in Europe and the United States. Our games are available on iOS, Android, and PC. They are also available through Plarium Play, our optimized game launcher for PC and Mac players. Plarium is part of Pixel United, the global mobile-first games publishing business of Aristocrat Leisure Limited (ASX code: ALL). Visit www.plarium.com for more information.
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SOURCE Plarium Global | https://www.whsv.com/prnewswire/2022/08/22/raid-shadow-legends-fan-favorite-deathknight-finally-becomes-legendary-champion/ | 2022-08-22T12:53:26Z |
EL SEGUNDO, Calif., Aug. 22, 2022 /PRNewswire/ -- Red Rock Secured, a privately held company focused on helping clients protect their wealth by diversifying their savings with precious metals, has been ranked in the top 4% of the annual Inc. 5000 list, the most prestigious ranking of America's fastest-growing private companies.
Of the 5,000 companies listed, Red Rock Secured ranked 211, securing its place in the Inc. 500, after experiencing 2,555% growth over the last three years.
"I'm so proud of everyone here at Red Rock that helped us reach the top 4% of Inc. 5000's 2022 list," CEO Sean Kelly said. "Coming in at 211 is an honor. I'm so proud of my team for their dedication and hard work to help make this possible. When the recession hit in 2008, I watched helplessly as people lost their savings. I saw them become stressed and unsure about how they would save for retirement, and I knew I needed to help. For years, my team and I have been giving people a physical alternative for their retirement savings, one where asset protection is the primary focus. Another recession may be near, and I'm thankful that I have a team that's still around to educate and help those planning for retirement. We started this company to help people, and I am grateful to be able to still be doing that today."
Most people are worried about losing money in their retirement accounts. At Red Rock Secured, we convert that money into physical gold and silver so they can enjoy a worry-free retirement.
Red Rock Secured is dedicated to helping people and families protect, take control, and grow their wealth by diversifying into precious metals that can hold their value over time. Our goal is to provide long-term security from current economic instability to all of our clients. We're proud to use a customer-centric approach that seeks to educate first to ensure our customers are purchasing with confidence and have the long-term support and security they deserve. Our reputation speaks for itself with A+ customer testimonials and rankings across the leading consumer review and watchdog websites, including the BBB, Google Reviews, Consumer Affairs, Trustpilot, and more.
For more information, please visit redrocksecured.com. You can also follow us on YouTube, FB, and Twitter.
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SOURCE Red Rock Secured | https://www.whsv.com/prnewswire/2022/08/22/red-rock-secured-ranks-top-4-inc-5000s-fastest-growing-us-companies/ | 2022-08-22T12:53:33Z |
Update on Product Candidates, FDA Regulatory Strategy, Operations
ROCKVILLE, Md., Aug. 22, 2022 /PRNewswire/ -- RegeneRx Biopharmaceuticals, Inc. (OTCQB: RGRX) ("the Company" or "RegeneRx"), a clinical-stage drug development company focused on tissue protection, repair, and regeneration, has issued a Letter to Stockholders updating development of product candidates, FDA regulatory strategy, and its ongoing operating strategy. The Letter may be viewed at RegeneRx's homepage: www.regenerx.com.
About RegeneRx Biopharmaceuticals, Inc.
RegeneRx is focused on the development of novel therapeutic peptides, including Thymosin beta 4 (Tβ4) and its constituent fragments, for tissue and organ protection, repair, and regeneration. RegeneRx currently has three drug candidates in clinical development for ophthalmic, acute inflammatory and dermal indications, four active strategic licensing agreements in the U.S., China, and Pan Asia (Korea, Japan, and Australia, among others), and the EU, and has patents and patent applications covering its products in many countries throughout the world.
Forward Looking Statements
Any statements in the 2022 Stockholder Letter that are not historical facts are forward-looking statements made under the provisions of the Private Securities Litigation Reform Act of 1995. Any forward-looking statements involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Forward-looking statements in the stockholder letter include, but are not limited to, statements regarding our strategic and research partnerships, regulatory applications and approvals, the development and timing of clinical trials for our drug candidates, the use of our drug candidates to treat various conditions, our operating strategies, and our financial needs. The proposed clinical trials and costs to operate the Company during such trials, as well as any other forward-looking statements, are expectations and estimates based upon information obtained and calculated by the Company at this time and are subject to change. Moreover, there is no guarantee any of these trials will be successful or confirm previous clinical results. There also is no assurance that by the end of 2022 we can successfully raise the capital required to continue our business operations in the normal course. Please view these and other risks described in the Company's filings with the Securities and Exchange Commission ("SEC"), including those identified in the "Risk Factors" section of the annual report on Form 10-K for the year ended December 31, 2021, and subsequent quarterly reports filed on Form 10-Q, as well as other filings it makes with the SEC. Any forward-looking statements in this stockholder letter represent the Company's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. The Company specifically disclaims any obligation to update this information, as a result of future events or otherwise, except as required by applicable law.
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SOURCE RegeneRx Biopharmaceuticals, Inc. | https://www.whsv.com/prnewswire/2022/08/22/regenerx-issues-2022-letter-stockholders/ | 2022-08-22T12:53:40Z |
The subscription plan eliminates user fees, enabling customers to accelerate innovation in the cloud
CHICAGO, Aug. 22, 2022 /PRNewswire/ -- Relativity, a global legal and compliance technology company, announced a new subscription plan at ILTACON 2022 that will bundle user fees into a single RelativityOne data fee. The subscription plan will eliminate separate user fees, making it easier for customers to meet evolving client needs and simplify their internal operations.
Driving Innovation and Expanding Access to the Cloud
RelativityOne's exponential growth can be directly attributed to a thriving customer base, and customers who continue to expand their use of the product in scope and scale. These customers are solving increasingly complex, unstructured data problems, and doing so globally with the cloud product now available in 15 geographies.
"RelativityOne has been our fastest growing product since we began our cloud journey in 2017, and this year I'm proud to share that we've achieved another major milestone, with more than half our customers now in the cloud," said Mike Gamson CEO at Relativity. "Based on strong adoption and valuable customer feedback, it's clear that the time has come to unlock new opportunities for engagement and access in RelativityOne. We're really excited about this change and the role it will play in supporting customer innovation and facilitating a greater breadth of use cases."
Many organizations that have adopted RelativityOne are tackling more use cases and practice areas across their organizations, such as cyber breach response, data subject access requests, third-party subpoenas and internal investigations. Since many of these use cases involve significantly more people reviewing and investigating the data than a typical litigation use case, the separate user fee was a barrier to RelativityOne clients eager to meet these needs.
"The new subscription plan will open even more opportunities for law firms like us to innovate and use RelativityOne to its fullest potential," said Chris Haley Director of Legal Technology at Troutman Pepper eMerge. "We are always innovating and building new applications, but there have been times when user fees have forced us to compromise and limited the full advantages of RelativityOne. We look forward to leveraging this change so that we can help even more clients in the future."
Secure Collaboration
Organizations trust Relativity with their most sensitive data, and the new subscription plan underscores Relativity's commitment to security as organizations are empowered to collaborate with more stakeholders within the secure boundaries of RelativityOne. The new subscription plan will mitigate the risk of exportation of documents out of RelativityOne which will result in a more streamlined and secure workflow for case teams.
Streamlining Administration
Eliminating user fees as part of the RelativityOne subscription removes operational burdens like closely managing user logins for budgetary purposes and developing complex internal billback models. Today, administrators spend time activating and de-activating users closely to optimize their monthly user costs, as well as creating allocation models to bill the cost of users back to different departments and projects. The new model will free up that time to empower those experts to focus on delivering faster and better results for their clients.
Relativity is currently working with existing customers to familiarize them with the new subscription plan, and it will be available to new RelativityOne customers on October 1.
Relativity at ILTACON 2022
ILTACON 2022 will take place August 21-25 in National Harbor, Maryland. The conference offers comprehensive peer-driven programs, educational content and face-to-face networking. Attendees are encouraged to visit Relativity's booth #311 to receive merchandise, meet with the Relativity team and see demos. Relativity will also participate in the following sessions on Tuesday, August 23:
- The Litigation Support Roundtable: Global Edition at 11:00 a.m. – 12:30 p.m. ET in Maryland A: David Horrigan, Discovery Counsel and Legal Education Director will moderate a discussion on the latest in litigation support across the world.
- Lunch-and-Learn: The Four Biggest Misconceptions about AI at 12:30 – 2:00 p.m. ET in Baltimore 5: Omar Haroun, Relativity's Head of AI Strategy, will lead this lunch-and-learn, featuring a few 2022 AI Visionaries. Hear how law firm leaders use AI to save time and drive efficiency. Register here.
- The Relativity Company Update at 2:45 – 3:30 p.m. ET in the Cherry Blossom Room: Join the Relativity team for a company update and discussion on what has Relativity excited for the future.
Relativity will be a sponsor for the iManage After-Party networking event. The event will take place August 24, day four of ILTACON 2022, at 8:00 p.m. ET at the Gaylord National. Those interested in attending can register here.
Coming later this year, customers will be able to directly import relevant documents from the iManage Knowledge Work Platform into RelativityOne, significantly streamlining the process of moving data between the two platforms. The integrated solution will enable a faster and more accurate data transfer process, while improving the management of litigation and information governance. Those interested in learning more about how Relativity and iManage will streamline workflows and create higher value outcomes for litigators, attorneys and general counsel should contact David Moseley (David.Moseley@imanage.com) and Claire Oxley-Barnes (Claire.OxleyBarnes@relativity.com).
Attendees interested in setting up a one-on-one meeting at ILTACON 2022 are encouraged to contact sales@relativity.com.
About Relativity
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product RelativityOne manages large volumes of data and quickly identifies key issues during litigation and internal investigations. The AI-powered communication surveillance product, Relativity Trace proactively detects regulatory misconduct like insider trading, collusion and other non-compliant behavior. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Relativity has been named one of Chicago's Top Workplaces by the Chicago Tribune for 10 consecutive years. Please contact Relativity at sales@relativity.com or visit http://www.relativity.com for more information.
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SOURCE Relativity | https://www.whsv.com/prnewswire/2022/08/22/relativity-announces-new-subscription-plan-relativityone-iltacon-2022/ | 2022-08-22T12:53:46Z |
Company adding features to help renters act more quickly and with more confidence in today's fast-paced market
SEATTLE, Aug. 22, 2022 /PRNewswire/ -- Renters can now search Zillow rental listings by move-in date, potentially saving them thousands of dollars in today's ultracompetitive market. This new filter, available now on desktop and coming soon to the Zillow app, can better align the end of a lease with the start of a new one, eliminating the dreaded "double rent" scenario just as typical U.S. rents have crossed the $2,000 threshold for the first time.
In addition to potentially saving thousands of dollars by using the move-in date filter, renters can also save time by utilizing Zillow Renter Hub, now available on the Zillow app. Renters can easily see which properties they've contacted and applied to, respond to messages from prospective landlords, and manage their current lease and rent payment schedule — all from the Zillow app. According to Zillow's 2022 Consumer Housing Trends Report, a majority (60%) of recent renters said they used an app on a smartphone or tablet to search for a rental. Now, instead of users having to dig through their inbox and toggle to and from the Zillow app for updates on their rental search, Renter Hub keeps contacted rentals, messages with prospective landlords and all of the up-to-date details on their current home organized in one place, right at their fingertips.
These Zillow app updates are vital in a market where demand for rentals is growing rapidly. Many prospective home buyers are opting to stay in the rentals market as the cost of buying continues to rise. Monthly payments on a typical mortgage are more than 75% higher than they were in June 2019.
"If you've ever been a renter, you know how stress-inducing the search process is. Sorting through emails and keeping track of all the landlords or leasing offices you've contacted is a hassle on its own. And now that the rentals market is more expensive than ever, ensuring lease start and end dates align is critical to avoid paying rent for two homes at once," said Christopher Roberts, senior vice president and general manager of Zillow Rentals. "Our Renter Hub upgrades and new search filters give renters confidence they are exclusively seeing the homes that fit their needs — including their move-in timing and their budget — and that they aren't missing any messages from prospective landlords, even on the go."
In addition to the move-in date search feature and Renter Hub upgrades, Zillow has recently released or is developing additional tools to empower renters. The following four new features help renters act faster during their search and zero in on only those rentals that fit their needs:
- Multilocation search (currently available): Now available on the Zillow app, the multilocation search feature makes the rental search experience even more flexible. Users can find available rentals in up to five different areas at once, allowing them to compare homes and find what best suits their needs and their budget. It also gives users the option to easily sift through the listings on the map or all in the same results feed. In addition, users can save their multilocation searches and opt to receive email and push notifications with results and recommendations.
- Bike Score® feature (currently available): Zillow listings now include a Bike Score to help renters more easily gauge whether a rental is a good match for their lifestyle. Bike Score measures bikeability of a rental on a scale of 1–100, based on four components: the presence of bike lanes and trails nearby, local hills, destinations and road connectivity, and the number of bikers currently in the area. The highest-scoring homes — those rating 90–100 — are a "biker's paradise," meaning that daily errands can be accomplished on a bike. At the other end of the spectrum are homes rated "somewhat bikeable," scoring below 50 with minimal bike infrastructure.
- Renter profile in-app updates (tech in development): Soon, even more upgrades will be coming to the Zillow Renter Hub on the Zillow app. Users will be able to update their personal profile outlining their renter qualifications, such as a personal bio, employment, income and credit score, as well as their desired move-in date and lease duration, and any amenities they're seeking. The editable renter profile will allow users to present their unique self to prospective landlords while they're searching, helping them to more quickly find the rental that's perfect for them. This functionality is currently available on desktop and mobile web.
- Auto-complete and guided search (tech in development): While browsing homes on Zillow, users are currently offered region and address suggestions that fill in as they type. This experience is being improved to suggest popular criteria in a specific location that may match their needs. For example, for a customer in a densely populated region like Seattle, "on-site parking" might be suggested. For a shopper in a warmer region like Phoenix, "A/C" might be suggested. This helps shoppers more easily consider and focus on the home features that are most important to them.
About Zillow Group:
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease.
Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, ShowingTime®, Bridge Interactive®, dotloop®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).
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SOURCE Zillow | https://www.whsv.com/prnewswire/2022/08/22/renters-can-save-thousands-using-zillows-new-search-tool-better-time-their-move/ | 2022-08-22T12:53:52Z |
AUSTIN, Texas, Aug. 22, 2022 /PRNewswire/ -- iRoc Space Radio is iHeart Radio's number one (#1) station for the latest in space news, music and entertainment. iRoc CEO Bruce Furst has announced that the premier episode of The Space Revolution show achieved the number one listening audience ranking for the week in its category.
Furst commented, "Rick Tumlinson is a true professional who combines natural broadcasting talent with significant preparation for each guest, in order to produce entertaining quality content. We are all excited to welcome Rick Tumlinson as an integral part of iRoc Space Radio's programming."
Tumlinson is well known in the space field and considered a godfather of New Space - a term he coined. He was a founding board member of the X-Prize Foundation, and won the World Technology Award alongside the Human Genome Project's Craig Venter. Listed as one of the world's most influential people in space, Tumlinson and his fellow revolutionaries blazed the trail now traveled by a new generation of commercial space companies. As one who both "talks the walk and walks the walk" - he helped start the project that found the first water on the Moon, led the private take-over of the Russian Mir space station for a year, and signed the first private astronaut to fly to the International Space Station.
In addition, Tumlinson founded SpaceFund Inc., which is a space venture capital company focused on "Frontier tech" startups with 19 companies in its portfolio. Besides starting the Space Frontier Foundation, and EarthLight Foundation, he is a known vocal champion of inclusion and the environment as humanity opens the Space Frontier to multi-planetary life.
"I'm honored to be invited to join iRoc Space Radio," said Tumlinson. "Bruce and the great leadership at iHeart have created an incredible new venue for audio-based space news and entertainment accessible to the people - something this field has been missing. I look forward to adding some depth and insight to their initiative while having some fun and letting people get to know the folks behind what is the most important thing to happen since that first fish decided to take a walk on the beach."
iRoc Space Radio blends space music, interviews, talk, and entertainment, designed for the 21st-century space generation. Tune into "The Space Revolution" on iHeart Radio's iRoc Space Radio station every Monday/Friday at 8 AM & 8 PM U.S. Pacific Time.
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SOURCE iRoc (Intergalactic Royalty Operations Corporation) | https://www.whsv.com/prnewswire/2022/08/22/rick-tumlinson-space-revolution-show-debut-1-iroc-space-radio/ | 2022-08-22T12:53:59Z |
The HVAC company plans to use the format to promote the home service profession and discuss topics surrounding the trades
LOS ANGELES, Aug. 22, 2022 /PRNewswire/ -- Rooter Hero Plumbing & Air, a plumbing and HVAC company serving residential and commercial locations in California and Arizona, today announced the launch of its podcast, HeroTalk, which will promote the home service trades and discuss hot topics and issues affecting the industry.
"We are excited to be able to offer our expertise on everything involving the home service industry from customer service to the work in the field to leadership and management," said John Akhoian, co-founder and CEO of Rooter Hero. "The topic list should appeal to anyone who works in the industry and to people who want to learn more about it."
Akhoian said Rooter Hero has aired podcasts in the past but not on a consistent basis. HeroTalk will air weekly on Thursdays.
The podcast features Rooter Hero Contact Center Manager David Powers and Social Media Coordinator Katherine "Kat" Conches. Powers and Conches have already interviewed several experts, including Akhoian and other Rooter Hero managers, and have discussed topics ranging from the power of positive reviews to time management.
"We want this podcast to be as entertaining as it is informative," Powers said. "The topics are unique and delve into aspects of the home service trades that other podcasts don't investigate. We hope these new perspectives invite discussion with others in the industry and makes the listener think about things from a different angle."
The podcast is available on Google Podcasts, Amazon and Spotify.
Since 2011, Rooter Hero has been committed to providing the best in plumbing and drain services. With more than 90 years of plumbing experience, the Rooter Hero team prides themselves on creating a memorable experience for each customer.
The company provides solutions for both residential and commercial needs and offers 24/7 emergency service. Operating in service area locations throughout California and Arizona, Rooter Hero offers options such as HVAC service and installation in select areas. For more information, please visit https://rooterhero.com or call 844-219-2215.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Rooter Hero | https://www.whsv.com/prnewswire/2022/08/22/rooter-hero-plumbing-amp-air-announces-launch-herotalk-podcast/ | 2022-08-22T12:54:05Z |
An Innovative Program that Provides Hospital Level Care in the Patient's Home
PHILADELPHIA, Aug. 22, 2022 /PRNewswire/ -- Sena Health is pleased to announce that it has been selected to support the "Salem Acute Care at Home" Program. This Program combines expert care and advanced technology to provide non-fragmented services, focusing on patient needs in the comfort of their home.
"Salem Acute Care at Home" allows eligible patients to remain at home while receiving hospital-level care from physicians and nurses. During the episode of care, patients receive in person home visits and have telehealth encounters with trained health care providers. Remote patient monitoring using high-tech equipment is employed and patients have contact with Care Coordinators around the clock. Access to the Coordinators in the Sena Command Center is available to patients and their families 24/7/365.
"The Sena team offers a turnkey solution to our partners to deliver Hospital level care in the comfort of their patients' home," said Dr Anthony Wehbe, CEO of Sena Health. "We know healthcare leaders have many competing priorities, and we want to make this an easy process to setup a Healing at Home program."
To be enrolled in the Salem Acute Care at Home Program, patients must be seen and evaluated in the Emergency Department and meet certain eligibility criteria to be safely cared for at home. During their time in the Program, patients receive at least two in-person nursing visits per day, and they connect with dedicated members of the clinical team, just as they would in a hospital.
"The Salem Acute Care at Home program allows us to deliver high quality care to the diverse communities we serve," said Dr. Tammy Torres, CEO of Salem Medical Center. The program saw its first patient in July and was able to support her and her family at home. "We cared for a patient with congestive heart failure in the comfort of her home, where otherwise she would have been admitted to the hospital," said Dr Wamiq Sultan, Chief Medical Officer of Salem Medical Center. "The patient, family, and clinician experience were seamless, as we all felt continuously supported by the team at Sena Health."
The program will continue to support the local communities of Salem County and beyond, as they add more services in the home.
About Sena Health
Sena Health enables healing at home for many medical conditions that would typically require a hospital stay. The Care Coordinators facilitate the seamless delivery of up to 23 hospital level services into customers' homes according to their needs and preferences. The Care Coordination Center is available 24/7/365 to help patients stay connected and get all the services and products they need for healing at home. Sena supports its partners by offering a turnkey solution to strategizing and developing their unique local healing at home program.
About Salem Medical Center
With 100 years of service to the Salem County area, Salem Medical Center is committed to continuing its mission of providing quality health care to each and every patient. We are dedicated to growing new services. Salem Medical Center will keep a focus on making the services that we provide reflective of the evolving needs of the population we serve.
For more information, please contact us at 609-888-6039 or hello@senahealth.com
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SOURCE Sena Health | https://www.whsv.com/prnewswire/2022/08/22/sena-health-partners-with-salem-medical-center-launch-salem-acute-care-home/ | 2022-08-22T12:54:11Z |
BOSTON and MANNHEIM, Germany, Aug. 22, 2022 /PRNewswire/ -- smartShift, the global leader in Intelligent Automation for SAP transformations, today announced the formation of their new Customer Advisory Council.
smartShift Customer Advisory Council brings together thought leaders with common interests, concerns, and enthusiasm to solve complex problems related to custom SAP applications in innovative ways. smartShift customers like Boehringer Ingelheim, BMW, EDEKA, JBS, Logista, Procter & Gamble, ZF, and others will provide feedback and guidance on smartShift solutions and to help to define our future roadmap to address SAP Clean Core and Application Modernization needs.
Derek Oats, smartShift CEO, says: "Feedback from our customers has always been one of the key drivers for smartShift innovations and has helped us to become the global leader in Intelligent Automation for SAP transformations. We are looking forward to engaging with many of our prestigious customers on a regular basis, receiving their input on the solutions we offer, and creating technology to solve key industry challenges.
"The first session was very engaging. We discussed how organizations use or think about automation for their S/4HANA conversions," says Arndt Hoffmann, Chief Strategist at smartShift. 'It was great to see market leaders coming together, sharing insights and strategies from their journeys of running mission-critical SAP systems. Our thought leadership forum is looking forward to engaging in hot topics like Clean Core, Embedded Steampunk, BTP, etc., in the upcoming sessions".
smartShift Intelligent Automation® is trusted by global brands to drive innovation. We help customers accelerate the transformation of their SAP systems to next-generation cloud computing environments. Our solutions have delivered thousands of application modernization initiatives, analyzing and converting over 2.5 billion lines of code, eliminating risk, and freeing up strategic resources to focus on growth.
To learn more, please visit: www.smartshift.com
Contact
Corporate Communications
Darshita Srivastava
E-Mail: dsrivastava@smartshift.com
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SOURCE smartShift | https://www.whsv.com/prnewswire/2022/08/22/smartshift-establishes-customer-advisory-council-solicit-feedback-product-strategy/ | 2022-08-22T12:54:18Z |
Leading operator of full-service dining restaurants announces leadership changes to build on momentum; Kern appoints Jessica Hagler to CFO role
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- SPB Hospitality, the industry-leading operator and franchisor of steakhouses, pizza and craft brewery restaurants, today announced the appointment of Josh Kern as interim Chief Executive Officer.
Kern subsequently announced the appointment of SPB veteran Jessica Hagler as the company's new Chief Financial Officer.
Kern most recently served as President of Concepts at SPB Hospitality, overseeing marketing, culinary, beverage, supply chain, and information technology. He previously held leadership positions with several successful restaurant groups including Quiznos, American Blue-Ribbon Holdings, Smashburger, and Cerca Trova Restaurant Concepts. Kern began his restaurant career working on White Castle with J. Walter Thompson advertising agency.
"I'm honored to take the reins at such an exciting time for SPB Hospitality as we work together to build on our momentum," Kern said. "In my 25 years in the restaurant industry, I've been fortunate to be part of many great brands, and I see that same greatness in the SPB Hospitality portfolio. I'm inspired by being on-site at our locations and talking with the people who create outstanding dining experiences for our guests each day. There is extraordinary potential in this collection of brands, and I'm proud to be a part of this exceptional team."
Hagler has served as interim Chief Financial Officer of SPB Hospitality since April 2022. She was previously Vice President, Chief Financial Officer, Treasurer & Secretary of J. Alexander's ("JAX") until its acquisition by SPB Hospitality in September 2021. Hagler had held various roles at JAX including Vice President, Controller and Chief Accounting Officer, Director of Financial Reporting and Director of Compliance. Prior to joining J. Alexander's, Hagler was a Senior Manager in the audit practice at KPMG, LLP.
"Josh has played in integral role in the growth and success of SPB Hospitality, so he was the obvious choice to serve in this new leadership role," said Morgan McClure, President of SPB Hospitality and Managing Director at Fortress Investment Group. "We have enormous confidence in both Josh and Jessica to lead these brands and build on the vision for our collection of restaurant brands and their thousands of team members across the country."
To learn more about SPB Hospitality's brands and locations, visit www.spbhospitality.com.
SPB Hospitality is a leading operator and franchisor of full-service dining restaurants, spanning a national footprint of hundreds of restaurants and breweries in 39 states and the District of Columbia. The Company's diverse portfolio of restaurant brands includes Logan's Roadhouse, Old Chicago Pizza & Taproom, and a collection of restaurant-brewery brands, including Rock Bottom Restaurant & Brewery and Gordon Biersch Brewery Restaurant. SPB Hospitality also operates a collection of specialty restaurant concepts including ChopHouse & Brewery, Big River Grille & Brewing Works, AIA Ale Works Restaurant & Taproom, Ragtime Tavern Seafood & Grill, J. Alexander's Restaurant, Merus Grill, Redlands Grill, Stoney River Steakhouse and Grill, and Seven Bridges Grille & Brewery. In addition, the company created and operates several virtual brands including Twisted Tenders, Ember Smoked, Leo's Italian Kitchen, Roadies, and Logan's on the Road.
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $44.4 billion of assets under management as of June 30, 2022. Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies.
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SOURCE SPB Hospitality | https://www.whsv.com/prnewswire/2022/08/22/spb-hospitality-names-josh-kern-interim-ceo/ | 2022-08-22T12:54:25Z |
New Neutralizing Antibody Test Kit has High Sensitivity and Ability to Analyze Micro-Samples
WOBURN, Mass., Aug. 22, 2022 /PRNewswire/ -- Pharmaceutical drug developers and healthcare researchers need innovative tools to understand COVID-19 immune response and validate vaccines and therapeutics critical to managing the pandemic. The newest development in assay technology, the NAB-Sure™ SARS-CoV-2 Neutralizing Antibody Test Kit from Spear Bio (www.spear.bio), is one such tool.
Developed by former Harvard University scientists based at the Wyss Institute for Biologically Inspired Engineering, the NAB-Sure™ SARS-CoV-2 test kit provides a surrogate virus neutralization assay with much higher sensitivity than standard ELISA test formats and cell-based approaches. Spear Bio's unique approach and assay performance means the NAB-Sure™ SARS-CoV-2 Assay can work with diverse types of biospecimens and sizes of samples, including serum, plasma, and micro-sampling techniques like dried blood spots (DBS), providing consistent laboratory-to-laboratory results even when comparing different sample types.
The NAB-Sure™ SARS-CoV-2 test kit simplifies testing for SARS-CoV-2 neutralizing antibodies (NAbs), producing qualitative and quantitative NAb titer measurements using real-time polymerase chain reaction (PCR). The assay has the accuracy of cell-based assays like the plaque-reduction neutralization testing (PRNT), the gold standard for NAb detection, without the safety concerns and long, complicated workflows. What's more is the assay's capability to analyze small volumes of serum or plasma enables new micro-sampling techniques to be leveraged during collection.
The NAB-Sure™ SARS-CoV-2 Assay provides an inter-laboratory coefficient of variation (CV) of 4.8% even for extremely small test sample sizes such as a DBS from a finger prick. The test results can help researchers validate vaccines and develop predictive models for antibody durability. Automation compatibility combined with industry-leading accuracy for small volumes promotes high throughput and reduces cost at every stage of testing: sample collection, detection, and analysis.
Spear Bio CTO and co-founder, Feng Xuan, explains: "Conventional cell-based methods for SARS-CoV-2 neutralizing antibody measurement have poor lab-to-lab consistency. NAB-Sure™ SARS-CoV-2 Assay is the first cell-free NAb assay with superior sensitivity and precision. This performance combined with simplified workflows is an opportunity to standardize neutralizing antibody measurements, which is essential for the vaccine validation needed at this stage of the pandemic."
NAb assays are useful for understanding individual and population immunity against SARS-CoV-2. Study of the antibody response to SARS-CoV-2 provides invaluable data for clinical trials and the development of vaccines to fight the spread of the virus. NAb assays are required components of the clinical trials that identify the effectiveness of a new vaccine against a virus or its compatibility with existing drugs and treatment. The NAB Sure™ SARS-CoV-2 Assay is now available for sale in the USA for research use only.
Spear Bio (www.spear.bio), founded in 2021 by former Harvard researchers Feng Xuan and Peng Yin, is headquartered in Woburn, MA. The company is devoted to the next generation of ultrasensitive immunoassay technology and collaborates closely with academic researchers, clinicians, and industry to develop more ultrasensitive detection methods and more versatile assay approaches to support non-invasive sample collection methods and cutting-edge laboratory diagnostics.
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SOURCE Spear Bio | https://www.whsv.com/prnewswire/2022/08/22/spear-bios-nab-sure-test-kit-aids-analysis-covid-19-immune-response/ | 2022-08-22T12:54:31Z |
Spot Expands Into New Markets with Plans to Create Hundreds of New Jobs
TAMPA, Fla., Aug. 22, 2022 /PRNewswire/ -- Spot, one of the fastest-growing logistics companies in North America, announced today it will open its fifth office on October 3, 2022. Located in Tampa, Florida, the new space is on the fifth floor of the MetWest Three building in the Westshore Business District.
The building, located in the heart of Tampa's largest office market, is part of the mixed-use MetWest International district near International Plaza. The district offers a variety of dining, retail and hotel options, along with convenient access to the Tampa International Airport. This expansion will accommodate Spot's exponential growth and further support the company's hiring goals by leveraging the area's diverse talent pool.
"We feel very strongly about the Tampa business environment and our ability to attract top talent," said Andrew Elsener, Co-founder of Spot. "We are looking for outstanding people with initiative, drive, and passion to help meet the needs of our customers, and we know we will find those people in Tampa."
Spot's new location is approximately 26,000 square feet of space that will help facilitate a collaborative and open work environment - equipped with ergonomic furniture, multifunctional spaces, and integrated technology. The space also allows room for over 245 people, which Spot plans to hire within the next three years. Filling sales, logistics, and technology positions will be Spot's initial focus.
With over 4,000 businesses, national and regional headquarters, small businesses, and start-ups, Westshore is Tampa's largest employment center. In addition to office space, Westshore offers green spaces, plazas, retail, hotel, and residential areas all designed to work seamlessly together in a sophisticated urban setting.
"Being in the Westshore Business District, an area rich with talent and well-known Tampa businesses, is exactly where Spot can continue to grow and make an impact," said Kreg Hunter, Director of Operations at Spot.
Founded in 2009 by Andrew Elsener and Andy Schenck, Spot has experienced continuous growth each year. In 2021, it saw record-breaking success with over $710 million in gross revenue. That pattern of success has continued into 2022 with a projected $1 billion in gross revenue. The company has more than 500 employees across its locations in Indianapolis, Indiana, Charlotte, North Carolina, and Tempe, Arizona.
To learn more about Spot's open positions, visit spotinc.com/careers, and to learn more about open tech positions, visit Spot's technology company, Red Technologies, at redtms.com/careers.
As one of the fastest-growing logistics companies in North America, Spot is built on relationships, combining 24/7 support with a proven, passionate, and dedicated team of logistics professionals. Spot provides custom, tailored logistics solutions for shipping challenges through relentless effort, industry knowledge, and advanced technologies. Established in 2009 with the vision that there is a better way to move freight, Spot has more than 500 employees across its U.S. locations in Indianapolis, Charlotte, and Tempe. For more information, visit Spot's website at spotinc.com and follow Spot on social media: Facebook (Spot), Twitter (SpotFreight), LinkedIn (Spot Freight), Instagram (spotfreight), and TikTok (spotfreight).
MEDIA CONTACT:
Brandon Evans
Communications Manager
bevans@spotinc.com | 317.550.7100
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SOURCE Spot Freight | https://www.whsv.com/prnewswire/2022/08/22/spot-open-fifth-us-office-located-tampa-florida/ | 2022-08-22T12:54:38Z |
Family-owned, international self storage company acquires new property in Nampa, ID.
NAMPA, Idaho, Aug. 22, 2022 /PRNewswire/ -- StorageMart adds to its Idaho portfolio with the acquisition of the Stor-All Self Storage company. The acquisition brings 128,293 total net rentable square feet which includes 845 drive-up self storage units and will begin transitioning to operate under StorageMart management effective immediately.
This acquisition in Nampa will receive the standard StorageMart renovations to ensure the brand's promise of easy, clean storage is being met. Upgrades to the property will include enhanced LED lighting, as well as the installation of an Open Tech Gate, offering renters contactless entry onto the property through the "StorageMart Unlocked" app.
"This acquisition has been a long time coming, but we are very excited to finally add Nampa to our portfolio. The Idaho area is rich with opportunities to bring the StorageMart promise of easy, clean storage to the local community, and it came at just the right time." Alex Burnam, Director of Acquisitions.
About StorageMart: Dedicated to providing clean, well-lit storage units, and friendly customer service, StorageMart is the largest family operated self storage company in the world and has been led by the Burnam family for four generations. Through the "Store it Forward'' charitable giving program, StorageMart gives back to the many communities it calls home. Find out more at https://www.storage-mart.com.
Contact: Sarah Little
573.449.0091
Sarah.Little@storage-mart.com
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SOURCE StorageMart | https://www.whsv.com/prnewswire/2022/08/22/storagemart-enter-nampa-id-area-with-new-acquisition/ | 2022-08-22T12:54:44Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- SurvivorNet, the leading patient-facing destination for information about cancer, is announcing a comprehensive new destination on psoriasis as the company expands its content initiatives outside cancer and into key chronic diseases where useful and inspiring patient-facing resources are lacking.
August is Psoriasis Awareness Month. Psoriasis is a persistent autoimmune skin condition that affects more than seven million Americans. It's thought to be genetic, but is aggravated by outside factors such as stress and various lifestyle factors. In addition to creating discomfort, psoriasis can be hard on a person's self-esteem. It can also be managed effectively with the right initiative and patient education. That's where SurvivorNet's unique combination of useful, video-driven information from top doctors plus patient inspiration will make a huge difference to psoriasis sufferers.
SurvivorNet's new special resource section on psoriasis offers first in class guidance from top doctors in the field, in short, useful videos. This comprehensive information resource is unique in that it's focused on helping patients who are scared, discomfited and seeking the latest guidance on this difficult condition, a condition which is highly treatable with determination and the right information. As is the case with all of SurvivorNet's medical content, all medical information has been medically reviewed by experienced physicians.
SurvivorNet TV has also launched a block of video programming around personal resilience and inspiration. This programming showcases the kind of optimism, determination and strength that people living with psoriasis draw on to live their best lives.
"Millions of Americans with psoriasis are struggling with its health consequences as well as with the psychological burden and sometimes the shame that can come with this disease," said SurvivorNet CEO Steve Alperin. "SurvivorNet is now offering a first in class resource that offers excellent, vetted video information as well as needed inspiration and encouragement."
The special psoriasis section also showcases inspiring patient stories about people living with psoriasis who've overcome its effects with spirit and courage as well as with the best available medical treatment. This makes SurvivorNet the best destination where psoriasis sufferers can find true motivation from patients who've made the best of their condition and are living, free of shame or stigma.
SurvivorNet is the country's leading platform for cancer information, serving 2.5 million people per month who are looking for help making better decisions about their care. The platform was built in collaboration with leading comprehensive cancer centers and features top physicians delivering highly detailed information about specific cancers. SurvivorNet also has produced thousands of stories intended to provide hope and inspiration for patients.
Steve Alperin is the founder and CEO of SurvivorNet.
For publicity: business@survivornet.com
For sales & partnership: Paul.McKenna@survivornet.com
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SOURCE SurvivorNet | https://www.whsv.com/prnewswire/2022/08/22/survivornet-announces-comprehensive-resource-destination-psoriasis-chronic-skin-disease-affecting-millions-americans/ | 2022-08-22T12:54:51Z |
EDINBURGH, Scotland, Aug. 22, 2022 /PRNewswire/ -- TC Biopharm (Holdings) PLC ("TC Biopharm" or the "Company") (NASDAQ: TCBP) (NASDAQ: TCBPW), a clinical stage biotechnology company developing platform allogeneic gamma-delta T cell therapies for cancer treatment, today announced that Chief Executive Officer, Bryan Kobel will present a company overview at the H.C. Wainwright 24th Annual Global Investment Conference, on Monday, September 12th at 7:00 am.
A webcast of the presentation will be available on the Investor Relations page of TC BioPharm's website. For more information or schedule a 1X1 meeting with management, please visit; https://hcwevents.com/annualconference/
TC BioPharm is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of gamma-delta T cell therapies for the treatment of cancer with human efficacy data in acute myeloid leukemia. Gamma-delta T cells are naturally occurring immune cells that embody properties of both the innate and adaptive immune systems and can intrinsically differentiate between healthy and diseased tissue. TC BioPharm uses an allogeneic approach in both unmodified and CAR modified gamma delta t-cells to effectively identify, target and eradicate both liquid and solid tumors in cancer.
TC BioPharm is the leader in developing gamma-delta T cell therapies, and the first company to conduct phase II/pivotal clinical studies in oncology. The Company is conducting two investigator-initiated clinical trials for its unmodified gamma-delta T cell product line - Phase 2b/3 pivotal trial for OmnImmune® in treatment of acute myeloid leukemia and Phase I trial for ImmuniStim in treatment of Covid patients using the Company's proprietary allogenic CryoTC technology to provide frozen product to clinics worldwide. TC BioPharm also maintains a robust pipeline for future indications in solid tumors and a significant IP/patent portfolio in the use of CARs with gamma delta t-cells and owns our manufacturing facility to maintain cost and product quality controls.
Forward Looking Statements
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect our current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. We undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. The reference to the website of TC BioPharm has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.
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SOURCE TC BioPharm | https://www.whsv.com/prnewswire/2022/08/22/tc-biopharm-present-hc-wainwright-24th-annual-global-investment-conference/ | 2022-08-22T12:54:58Z |
TAMPA, Fla., Aug. 22, 2022 /PRNewswire/ -- Teamwork Commerce, a global retail management solution, has today announced its partnership with Endear, the leading retail and eCommerce CRM software company, to provide an in-store clienteling solution to retailers globally. Endear's all-in-one clienteling tool integrates seamlessly with Teamwork Commerce's full-scale commerce solution to deliver a retail CRM that is fully equipped with the data retailers need to drive more sales.
Clienteling enables retailers to utilize customer information to create personalized experiences with their customer base. A critical part of the sales experience, clienteling focuses entirely on building relationships with customers and increasing lifetime value through personalization, data, and ultimately, loyalty building.
The Teamwork Commerce and Endear joint solution delivers clienteling on a mobile device, equipping retailers with a flexible in-store clienteling solution with powerful omnichannel capabilities. Together, Teamwork Commerce and Endear will empower retailers with a fully omnichannel mobile retail solution with clienteling capabilities. Users will be able to leverage customer data that spans the physical and digital retail presence, including customer order history and purchase behavior.
Leigh Sevin, Co-Founder at Endear said: "We are so thrilled to be partnering with Teamwork to offer a smarter, more personalized solution for retailers to build lucrative relationships with their customers. Clienteling is something that every store should leverage as a strategy for growth and customer retention, and now with our partnership, they can".
Endear is changing the way omnichannel brands around the globe are clienteling with customers. With a fully integrated solution like Endear, brands can access numerous key customer data points to see a holistic view of their customers and connect accordingly. Endear is on a mission to create true cohesion between online shopping and brick-and-mortar — ultimately making a more positive shopping experience for everyone. To learn more, visit us at www.endearhq.com.
Teamwork Commerce is a leading Omnichannel Solution, providing retailers with Point-of Sale, Order Management, Inventory Control, CRM, and Analytics. They also boast an ecosystem of integrations with top solutions making unified commerce a seamless activity. Teamwork works closely with its partners to ensure it utilizes cutting-edge technology to meet the needs of the ever-changing retail landscape. Top retailers in over 20 countries globally use Teamwork Commerce to take the friction out of retail, providing their customers with the best possible experience. To learn more, visit us at www.teamworkcommerce.com.
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SOURCE Teamwork Commerce | https://www.whsv.com/prnewswire/2022/08/22/teamwork-commerce-partners-with-endear-provide-in-store-clienteling-solution-retailers/ | 2022-08-22T12:55:04Z |
EASTHAMPTON, Mass., Aug. 22, 2022 /PRNewswire/ --
Why was this year's conference important?
Speakers discussed the issues of child abuse, severe trauma, and PTSD.
When and where: August 20 and 21, 2022, online.
What are the conference goals?
Stopping future occurrences of ritual abuse.
Helping survivors of ritual abuse.
Naming groups participating in these activities.
Uniting those working to stop ritual abuse.
Who spoke at the conference?
Valerie Sinason (retired child psychotherapist, and adult psychoanalyst) spoke about her 30 years in the field of ritual abuse, mind control and dissociation. She answered the questions: Is there any improvement in police and professional response to such allegations? How much credence is given to deniers and purveyors of misinformation? https://ritualabuse.us/smart/valerie-sinason/
Neil Brick (survivor and researcher of severe abuse) discussed the modern false memory syndrome movement in the US. He compared this movement to the movement in the 1990s. He verified that both movements use false theories about memory implantation, promote pseudoscientific theories about memory and dissociation and harass trauma victims. His newsletter has been published for over 27 years. https://ritualabuse.us http://neilbrick.com
Dr. Randall Noblitt (a clinical psychologist and professor of clinical psychology) explained the history of ritual abuse and severe trauma. He reviewed the scholarly literature and analyzed the incorrect theories of those promoting false memory syndrome. He discussed evidence of ritual abuse crimes. https://ritualabuse.us/smart/randy-noblitt/
Wendy Hoffman (survivor and researcher of severe trauma) discussed how she had amnesia for most of her life. She discussed how people live as unaware mind-controlled victims. She explains how you can find out who you are and what your life has been and can be in the future. Her presentation explores some of the benefits of relinquishing slavery and learning who you are. Self-knowledge is the way out. https://ritualabuse.us/smart/wendy-hoffman/
Dr. Laurie Matthew OBE (founder of Ritual Abuse Network Forum (RANS) discussed her 20 plus years of setting up services and supporting survivors of ritual abuse in Scotland. She discussed her experience of raising awareness about ritual abuse in the UK and the issues she has encountered along the way. www.18u.org.uk www.violenceispreventable.org.uk
Where can I find additional resources?
S.M.A.R.T. newsletter examines connections between ritual abuse and secretive organizations. SMARTNEWS@aol.com http://ritualabuse.us/
Survivorship is one of the oldest and most respected organizations supporting survivors of extreme child abuse. https://survivorship.org
Proof That Ritual Abuse Exists http://childabusewiki.org/index.php/Ritual_Abuse
Dissociative Identity Disorder (Multiple Personality Disorder) http://childabusewiki.org/index.php/Dissociative_Identity_Disorder
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SOURCE SMART Newsletter and Conferences | https://www.whsv.com/prnewswire/2022/08/22/things-you-should-know-about-25th-smart-survivor-conference/ | 2022-08-22T12:55:12Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SGFY, SMMT, PRTY, XRTX, and NHWK.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- SGFY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SGFY&prnumber=082220221
- SMMT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SMMT&prnumber=082220221
- PRTY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PRTY&prnumber=082220221
- XRTX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XRTX&prnumber=082220221
- NHWK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NHWK&prnumber=082220221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.whsv.com/prnewswire/2022/08/22/thinking-about-buying-stock-signify-health-summit-therapeutics-party-city-xortx-therapeutics-or-nighthawk-biosciences/ | 2022-08-22T12:55:18Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Today, Inc. revealed that TruConnect is No. 1,692 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"We are proud to be recognized by Inc. for our continued growth and be named for the third consecutive year to the Inc. 5000 list," stated Doug Lodder, president of TruConnect. "This achievement is driven by the tremendous efforts of our team to help close the digital divide for all Americans and our commitment to provide customers with the devices and services they need to get connected and stay connected."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
TruConnect has been on the front lines of digital equity since the inception of the Lifeline program, a discounted phone service for qualifying low-income consumers. As a mission-driven company, it has been solely focused on building solutions designed for its customers most in need. In the last year and half alone, it has equipped more than 1.5 million Americans with free smartphones and service. Today, it delivers an end-to-end connectivity solution comprising of a device and wireless connectivity, and also provides service through the federal Affordable Connectivity Program.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
About TruConnect
TruConnect is the fastest-growing premium low-cost wireless service provider in the U.S., expanding availability of wireless and internet service plans and low-cost devices through Lifeline and the Affordable Connectivity Program (ACP) to all eligible Americans. TruConnect is mission-driven, transforming how people connect to the world and helping more Americans gain access to critical resources while staying connected to family and friends. With no-contract plans for voice, text, and data, and easy-to-use devices like handsets, tablets, computers and hotspots, TruConnect is bridging the digital divide and connecting millions of Americans who have otherwise been overlooked and underserved by traditional providers.
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SOURCE TruConnect | https://www.whsv.com/prnewswire/2022/08/22/third-time-truconnect-appears-inc-5000-ranking-no-1692-with-three-year-revenue-growth-367-percent/ | 2022-08-22T12:55:25Z |
Choice products from Samsara Luggage to launch in select Tommy Bahama stores and on tommybahama.com in the fall of 2022. The partnership marks Tommy Bahama's strategic expansion into the luggage category and Samsara's entry into the brick-and-mortar space.
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Samsara Luggage (OTCQB: SAML), maker of innovative travel products, today announced that they will partner with iconic island lifestyle brand, Tommy Bahama (NYSE: OXM) to offer select products from its newly launched Tag Smart Collection both in-store and online. Tommy Bahama will add Samsara's Tag Smart Carry-on to its website in September and in select stores later in Fall 2022. The Tag Smart Carry-on is combined with the Apple AirTag, allowing travelers to easily track their suitcase using the Find My app on their iPhone. In addition, Samsara's Weekender Bag will also be added to the Tommy Bahama site as a travel accessory that coordinates with the Tag Smart Carry-on.
"Innovation, workmanship and above all quality are synonymous with the Tommy Bahama brand. It is for this reason we value our partnership with Samsara Luggage and look forward to offering it to our guests," says Chrisann Furciato, SVP of Licensing for Tommy Bahama.
"We are thrilled to partner with a like-minded brand that stays on the forefront of consumer trends in the travel industry," says Atara Dzikowski, Co-founder and CEO, Samsara Luggage. "In the wake of an increase in reports of lost luggage across the globe, the Tag Smart suitcase can offer their community of travel enthusiasts the right luggage to make their next trip more effortless. Tommy Bahama aligns seamlessly with the Samsara brand, and we are optimistic that this will be a successful and lasting partnership."
Samsara Luggage launched its Tag Smart Collection and coordinating travel products in April 2022. The Tag Smart Carry-on is combined with the Apple AirTag, which uses a Bluetooth signal to map a suitcase's precise location. The suitcase features an interior compartment that secures the device from within. The suitcase's durable aluminum frame and TSA-approved combination locks keep the AirTag protected from any outside tampering. The Tag Smart Device is included with the suitcase.
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 and manufacturing and fulfillment supply chain capabilities to offer additional consumer products that respond to the changing needs of the market due to the coronavirus pandemic.
About Tommy Bahama:
Tommy Bahama is part of Tommy Bahama Group, Inc., a wholly owned subsidiary of Oxford Industries, Inc. (NYSE: OXM). Established in August 1992, with corporate headquarters in Seattle, Tommy Bahama is the iconic island lifestyle brand that defines relaxed, sophisticated style in men's and women's sportswear, swimwear, accessories and a home furnishings and décor collection. The company owns and operates over 160 Tommy Bahama retail locations worldwide, 21 of which offer a Tommy Bahama Restaurant & Bar or a Tommy Bahama Marlin Bar. The Tommy Bahama collection is available on TommyBahama.com and at the finest U.S. retailers. For more information, please visit www.tommybahama.com.
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.
Photo: https://mma.prnewswire.com/media/1880743/Tommy_Bahama_Samsara_Luggage.jpg
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SOURCE Samsara Luggage Inc | https://www.whsv.com/prnewswire/2022/08/22/tommy-bahama-samsara-luggage-announce-new-partnership/ | 2022-08-22T12:55:32Z |
Strategic licensing agreement will introduce the brand into MA dispensaries by Q3 2022
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- TribeTokes LLC, a leader in the "clean cannabis vaping" movement on the east coast, has partnered with regional operator Blue Box Brands to debut its line of Delta 9 THC vaping products exclusively at licensed adult-use and medical dispensaries in Massachusetts by Q3 2022.
"Our mission from Day 1 was to introduce a cleaner vaping product with no fillers or synthetic ingredients, so that consumers who prefer vaping cannabis can do so safely. We started on this journey in 2017 with CBD and have built a loyal brand following of customers who love our formulations. We are thrilled to introduce Delta 9 THC versions of our beloved products to Massachusetts," explained Degelis Pilla, Co-Founder and CEO of TribeTokes, who is a native of Nahant, MA. "TribeTokes is excited to enter this booming market with the seasoned team at Blue Box Brands, who share our passion for clean products that both look and feel great," adds Kymberly Byrnes, Co-Founder and CMO of TribeTokes.
The strategic licensing agreement will be a key move in TribeTokes' transition from CBD e-commerce into regulated THC markets.
"We are very excited to offer such a high-quality and women-owned brand to our dispensary network in Massachusetts," says Chris Michaud, CEO of Blue Box Brands.
The introduction of the TribeTokes brand into one of the fastest growing adult use markets continues to elevate the company's presence beyond online sales and its presence in brick & mortar CBD stores nationwide.
Dr. Lynn Parodneck, a full time medical marijuana practitioner with over 20 years of experience and over 500 active patients, is a Medical Advisor to TribeTokes. She explains, "There are many emerging cannabis brands. As a consumer, your job is to purchase reliable products that are safe and consistent. The leadership team of TribeTokes has a conscience - something that is greatly needed in the vaping category. I wholeheartedly support TribeTokes and their attention to detail, research, and hard work."
More information about TribeTokes and its brands can be found at tribetokes.com.
TribeTokes creates premium, craft cannabis vapes, wellness and beauty products for the next generation cannabis consumer - who respects plant science, consumes mindfully and expects top quality products from trusted brands. TribeTokes is dedicated to elevating the acceptance & aesthetics of the industry, and celebrating its thriving and diverse community.
TribeTokes LLC Media Contact
angela@pushtheenvelopepr.com
Angela Berardinelli
Push The Envelope PR
732.534.5132
TribeTokes LLC Company Contact
Degelis Pilla
degelis@tribetokes.com
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SOURCE TribeTokes | https://www.whsv.com/prnewswire/2022/08/22/tribetokes-launch-clean-vaping-line-massachusetts/ | 2022-08-22T12:55:38Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Branford Castle Partners, a New York-based private equity firm, announced that its portfolio company, Lafayette Instrument, LLC (Lafayette), has acquired Limestone Technologies, Inc. a leading Canada-based manufacturer of polygraph equipment.
Lafayette (https://www.lafayettepolygraph.com) is a global leader in the development and manufacturing of scientific instrumentation equipment for the polygraph, neuroscience and human evaluation markets. Limestone, which has an established position in various markets internationally, is also considered to be a leading player in the polygraph market.
The acquisition expands Lafayette's credibility assessment staff, product line, and market reach to continue providing the best solutions and service available in the market. Jennifer Rider, President of Lafayette Instrument Company said, "We are very pleased to bring these two companies together to achieve our collective potential and maximum effectiveness and efficiency for the benefit of our customers. Both Lafayette and Limestone have decades of experience serving the credibility assessment community and expect a seamless integration."
"This acquisition expands Lafayette's position in the polygraph market and extends the company's international reach," said Laurence Lederer, Managing Partner of Branford Castle. "We are excited to work with the Lafayette management to continue to support the future growth of the company."
Terms of the deal were not disclosed. Stikeman Elliott LLP provides legal advisory services for the transaction.
Lafayette Instrument Company has over 70 years of experience engineering data acquisition and measurement instrumentation for disciplines such as research and education, medicine, physical therapy and rehabilitation, security, and law enforcement. Lafayette is positioned at the forefront of neuroscientific discovery, human evaluation, and credibility assessment.
Established in 1947 as a manufacturer of physiological recording and psychological testing instruments, Lafayette acquired Campden Instruments in 1998 to complement its existing neuroscience product line and, in 2016, founded PEAK Credibility Assessment Training Center to teach practitioners scientifically validated credibility assessment techniques.
Branford is a private market investor with a 35-year history of helping to grow businesses. The firm typically makes control investments in companies with up to $15 million of EBITDA and a leadership position in a niche industry. Branford is particularly keen on the strong relationships it builds with its portfolio company managers. Branford has specific expertise in industrials/specialty manufacturing, consumer products and services, commercial distribution, business services and logistics.
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SOURCE Branford Castle | https://www.whsv.com/prnewswire/2022/08/22/truth-be-told-branford-castle-partners-acquires-polygraph-bolt-on/ | 2022-08-22T12:55:45Z |
Every purchase of Bread & Butter Wines can help provide up to 1 million meals to children
NOVATO, Calif., Aug. 22, 2022 /PRNewswire/ -- Bread & Butter Wines, the fastest growing Top 50 Wine Brand in the US* and a 4-time Impact Hot Brand award winner, , is donating up to $100,000 to No Kid Hungry, a national campaign from Share Our Strength dedicated to ending childhood hunger. This donation will help provide up to 1 million meals** for children in need. The campaign runs from August 22nd through October 10th, 2022.
"At WX Brands and Bread & Butter Wines we are committed to giving back to our community," says Jeff Ngo, Senior Vice President of Marketing at WX Brands. "We are excited to contribute to the remarkable work No Kid Hungry does every day fighting childhood hunger with this donation."
According to the latest estimates, as many as 1 in 6 children in the United States live in food insecure homes. By partnering with for profit companies, No Kid Hungry continues to work to eliminate childhood hunger.
"We are thrilled to partner with Bread & Butter Wines in our fight to end childhood hunger in America," said No Kid Hungry's Diana Hovey, Senior Vice President, Corporate Partnerships. " All kids deserve access to healthy meals every day and Bread & Butter's donation will help make that a reality."
With so many things complicated in today's world, Bread & Butter Wines reminds customers that wine should not be one of them. The brand provides an uncomplicated way of donating to charities, by simply purchasing a bottle of wine.
(*IRI Total US Food, Top Growing Wine Brands YTD Data ending 7/24/2022)
**No Kid Hungry does not provide individual meals; your donations help support programs that feed kids. Learn more at NoKidHungry.org/OneDollar.
At Bread & Butter, we believe good things shouldn't be complicated. Good things should just be Good. Honest. Simple. And the same goes for our wine. We make good, honest, delicious wines meant to simply be enjoyed. We know that a good bottle of wine is an easy, thoughtful thing in a world that's usually neither. So, if life doesn't suddenly get easier (and it won't), we are here to help you. All you need to do is pour a glass, sit down, and don't overthink it. As our award-winning veteran winemaker Linda Trotta says, "A good wine is a wine you like." It's time to leave the complexity to us and enjoy our classically-styled wines.
Bread & Butter Wines is the fastest-growing Top 50 Wine Brand in the US, and a four-time IMPACT Hot Brand winner. The wine brand's portfolio includes Chardonnay, Pinot Noir, Cabernet Sauvignon, Merlot, Sauvignon Blanc, Rosé, and Prosecco. Find them nationwide for around $14.99.
www.breadandbutterwines.com. FB, IG: @BreadandButterWines
No child should go hungry in America. But in the wake of the coronavirus pandemic, 1 in 6 kids could face hunger. No Kid Hungry is working to end childhood hunger by helping launch and improve programs that give all kids the healthy food they need to thrive. This is a problem we know how to solve. No Kid Hungry is a campaign of Share Our Strength, an organization committed to ending hunger and poverty.
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SOURCE Bread & Butter Wines | https://www.whsv.com/prnewswire/2022/08/22/uncork-wine-give-back/ | 2022-08-22T12:55:52Z |
New Business Model Signifies Plans for Future Growth
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- United Scaffolding Inc.™, a pioneer in providing scaffold rental and sales across the nation, today announces its rebranding to ScaffSource. Under the new brand, the organization will offer customers a nationwide network for the rental and sales of Scaffolding and Shoring materials, as well as Project Design / Management Services, while still delivering the same high level of customer service our customers were accustomed to.
"Since 1992, United Scaffolding Inc. has served contractors and market segments nationwide," said Justin Anderson, President of ScaffSource. "We are excited to relaunch this business under this new brand and look forward to continuing our existing relationships and building new ones because of the impact ScaffSource will make by offering greater access to our products and services. With this change, we are refocusing our efforts to move our inventory closer to strategic markets to serve our customers better."
With a 30+ year legacy and a team that brings a combined 150+ years of industry knowledge, ScaffSource is a trusted scaffolding and shoring solutions provider, offering a diverse range of services including rental, design and sales. With 12 offices nationwide and one of the largest networks in the industry, ScaffSource's network is strategically located to deliver superior responsiveness and service with an extensive inventory of more than 17+ million pieces of scaffolding and a large and growing inventory of shoring.
Beyond rentals and sales, ScaffSource provides value-added services for a comprehensive resource for all scaffolding needs. The company's innovative 3D modeling delivers precise scaffold design, so that the exact inventory needed to begin a project on time and stay within budget can be verified. This innovative technology simplifies complex projects by providing better visualization and planning for more accurate resource management, safer execution, and labor and material cost savings.
ScaffSource prides itself on being the industry's trusted choice.
ScaffSource is a trusted scaffolding and shoring solutions provider, offering a diverse range of services, including rental, design and sales. ScaffSource maintains an extensive inventory that is available through the largest network of locations in the U.S. From the broad range of products to innovative, customizable scaffold and shoring offerings, ScaffSource is the partner that customers choose to help their business succeed. For more information, please visit https://www.scaffsource.com.
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SOURCE SCAFFSOURCE | https://www.whsv.com/prnewswire/2022/08/22/united-scaffolding-inc-announces-rebrand-scaffsource/ | 2022-08-22T12:55:58Z |
NYSE American: UEC
TSX: UEX
CORPUS CHRISTI, Texas and SASKATOON, SK, Aug. 22, 2022 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") and UEX Corporation (TSX: UEX) ("UEX") are pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") under the Canada Business Corporations Act, pursuant to which UEC acquired all of the issued and outstanding common shares of UEX that it did not already own. The Arrangement was approved at a special meeting of UEX securityholders held on August 15, 2022 and was subsequently approved by the Supreme Court of British Columbia on August 18, 2022. Pursuant to the terms of the Arrangement, UEX shareholders received 0.090 common shares of UEC for each UEX common share held.
UEC intends to submit applications to the Toronto Stock Exchange and to the applicable securities regulators to delist UEX's existing common shares and for UEX to cease to be a reporting issuer, respectively.
Amir Adnani, President and CEO stated: "We are pleased to have completed our acquisition of UEX. This marks UEC's second successful highly accretive M&A transaction in the last year, creating the largest diversified North American focused uranium company. We welcome UEX shareholders to UEC and appreciate the vote of confidence in supporting our transaction. The competing interest for UEX from other industry participants further validates the significant upside and strategic rationale we identified in UEX's portfolio of high-grade projects in the world-class Athabasca Basin of Saskatchewan. We look forward to working with our new stakeholders and the joint venture partners, including Cameco, Orano and Denison."
Mr. Adnani continued: "The Company's acquisitions of Uranium One Americas ("U1A") and UEX have created substantial shareholder value, with meaningful expansion of our production capabilities and resource pipeline. The U1A transaction doubled UEC's processing capacity, In-Situ Recovery ("ISR") resources and permitted projects in the United States, while the UEX transaction doubles the size of our measured and indicated uranium resources. With no debt and over $180 million of cash and liquid assets, including physical uranium, UEC has an unparalleled industry position to capitalize on nuclear power's growing role as a climate change solution, contributing towards the mega trends of decarbonization, electrification and energy transition."
Mr. Adnani concluded: "There is an emerging trend by Western utilities to secure supplies from uranium projects in politically stable and proven jurisdictions, this is a strong fit with UEC's permitted, and production-ready U.S. ISR projects and extensive growth pipeline in Canada. UEC's sector leading strategy as the fastest growing, pure play, 100% unhedged uranium company with assets only in the Western Hemisphere is a key differentiator in this emerging uranium bull market."
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
UEX is a Canadian uranium and cobalt exploration and development company involved in an exceptional portfolio of uranium projects. UEX's directly-owned portfolio of projects is located in the eastern, western and northern perimeters of the Athabasca Basin, the world's richest uranium region which in 2020 accounted for approximately 8.1% of the global primary uranium production. In addition to advancing its uranium development projects through its ownership interest in JCU, UEX is currently advancing several other uranium deposits in the Athabasca Basin which include the Paul Bay, Ken Pen and Ōrora deposits at the Christie Lake Project , the Kianna, Anne, Colette and 58B deposits at its currently 49.1%-owned Shea Creek Project, the Horseshoe and Raven deposits located on its 100%-owned Horseshoe-Raven Project and the West Bear Uranium Deposit located at its 100%-owned West Bear Project.
Full details of the Arrangement are set out in the arrangement agreement and subsequent amendments thereto, copies of which are filed by UEC and UEX under their respective profiles on SEDAR at www.sedar.com and under UEC's profile on EDGAR at www.sec.gov. In addition, further information regarding the Arrangement is contained in a management information circular dated July 8, 2022 prepared in connection with the meeting of UEX securityholders, a copy of which is filed on UEX's profile on www.sedar.com.
Twitter: @UraniumEnergy
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, market and other conditions, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" under applicable Canadian securities laws. These statements reflect the parties' respective current views with respect to future events and are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Such factors include, the synergies expected from the Arrangement not being realized; business integration risks; fluctuations in general macro economic conditions; fluctuations in securities markets and the market price of UEC Shares; fluctuations in the spot and forward price of uranium or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards and industrial accidents); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the parties do business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; title to properties; and the factors identified under the caption "Risk Factors" in UEC's Form 10K and under the caption "Risk Factors" in UEX's Annual Information Form. Although UEC has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The parties do not intend, and do not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.]
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SOURCE Uranium Energy Corp | https://www.whsv.com/prnewswire/2022/08/22/uranium-energy-corp-completes-acquisition-uex-corporation-create-largest-diversified-north-american-focused-uranium-company/ | 2022-08-22T12:56:04Z |
CARLSBAD, Calif., Aug. 22, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it was awarded a $99 million order for Multifunctional Information Distribution System (MIDS) Joint Tactical Radio System (JTRS) terminals from U.S. Naval Information Warfare Systems Command (NAVWAR) on behalf of the MIDS Program Office. This order falls under a U.S. Navy Indefinite Delivery, Indefinite Quantity (IDIQ) contract awarded to Viasat in 2020 with a maximum value of $998 million for the production, retrofits, development and sustainment of MIDS JTRS terminals. This order was received during Viasat's Q2 FY23.
MIDS are among the most widely used Link 16 terminals by the US military and global allies, acting as the foundational communications datalink on the modern battlefield and providing a secure communications capability for operations in any environment. Viasat's MIDS JTRS terminals provide access to the secure Link 16 line-of-sight network enabling tactical communications and data transport to ground, maritime and airborne platforms to provide greater situational awareness on the battlefield.
"This award further indicates Viasat's commitment and expertise providing Link 16 tactical communications solutions supporting US and Allied armed services," said Craig Miller, president of Viasat Government Systems. "MIDS JTRS radios are a critically important tool that enables warfighters to maintain communications superiority and secure data transport on the battlefield, as well as securely communicate with allied forces. Viasat is proud to be a trusted supplier of this capability for today's allied warfighting force."
The order demonstrates the strength of Viasat's Tactical Data Link (TDL) business and recognition of its production capability to deliver large quantities of MIDS terminals in a variety of configurations to meet mission and customer requirements.
Visit Viasat's website for more information about its TDL and Line-of-Sight networking and communications capabilities.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For over 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statement
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include statements about the expansion and evolution of Viasat's receipt of orders under the IDIQ contract; expected benefits and performance of Viasat tactical data links business and Multifunctional Information Distribution System (MIDS) Joint Tactical Radio System (JTRS) terminals; and production capability to deliver large quantities of MIDS terminals. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies that do not perform according to expectations; and increased competition and other factors affecting the government and defense sectors generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.
Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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SOURCE Viasat, Inc. | https://www.whsv.com/prnewswire/2022/08/22/viasat-awarded-99-million-lot-buy-order-military-tactical-radios/ | 2022-08-22T12:56:11Z |
The Red Devils will wear a shirt-sleeve patch in their upcoming Carabao Cup match
CRAWLEY, West Sussex, Aug. 22, 2022 /PRNewswire/ -- WAGMI United, the leading brand dedicated to bringing Web3's most innovative ideas and passionate communities to the world of sports, announced today that Crawley Town Football Club has agreed to a new shirt sleeve sponsorship with XCAD Network — a global platform harnessing the power and value of content creator audiences through creator tokenization and NFT technology.
The deal will see Red Devils players wearing a patch featuring the XCAD logo on their left sleeve during the club's upcoming Carabao Cup match against visiting Premier League side Fulham. A photo of the new patch can be viewed here.
This new partnership builds on WAGMI United's historic commitment to elevating the global crypto and NFT communities in sports and further cements Crawley Town FC's status as Web3's first football club. In July, WAGMI United successfully released its first NFT collection, minting over 10,000 tokens to more than 5,500 individual holders — far outselling previous collections from even the largest professional football clubs in the world, such as Liverpool FC. And earlier this season, Crawley Town FC became the first professional sports team to forego traditional corporate front-of-shirt sponsorship in favour of showcasing an historic NFT art project — Snowfro's Chromie Squiggle.
"At WAGMI United, we've said from the beginning that we want Crawley Town to be 'the internet's team.' From building a digital community of passionate fans cheering the club on from across the globe to having our players step on the pitch with Snowfro's iconic Chromie Squibble on their shirts, we're bringing the power of Web3 to football with every single match," said Preston Johnson, co-founder of WAGMI United and co-chairman of Crawley Town Football Club. "Our new partnership with XCAD Network is the next step in that evolution. I know I speak for everyone at the club when I say we're grateful to Oliver Bell and the whole XCAD team for their support and we're excited to have them joining our fans in getting behind the lads as we welcome Fulham to the Broadfield Stadium on Tuesday evening."
XCAD Network is focused on bringing fans and creators closer together, with the backing of YouTubers with over 500 million subscribers, such as KSI, Morgz and Joel Morris (JMX). XCAD plans to bridge the gap and integrate Web3 into the lives of a mainstream audience. WAGMI United's vision for Crawley is perfectly aligned, and XCAD believes they can bring fans closer to their team while introducing Web3 to a huge audience. It's an exciting and forward-thinking approach that represents the direction the world is heading — and bringing the companies closer together creates a natural synergy that will be additive to both brands.
"I've been following WAGMI United's journey since they acquired Crawley. It's great to see a company trying to bring cryptocurrency mainstream," said Oliver Bell, XCAD Network CEO. "We are glad to be partnered with the world's first Web3 club and think there are a lot of exciting opportunities we can work together on."
You can visit WAGMI United online at www.wagmiunited.com and follow us on Twitter at @WAGMIUnited.
About WAGMI United
WAGMI United — which stands for "We're All Gonna Make It," a popular mantra of hope and solidarity in the cryptocurrency and NFT communities — is the leading brand dedicated to bringing Web3's most innovative ideas and passionate communities to the world of sports. Founded by Preston Johnson and Eben Smith, WAGMI United seeks to change the game of how professional sports teams are owned and operated — building communities of passionate fans and empowering them to take a personal stake in telling their team's story and shaping its future. Earlier this year, WAGMI United took the first step on this journey with its pioneering purchase of Crawley Town FC.
About XCAD Network
XCAD Network is a fan token and NFT platform for some of the biggest YouTubers in the world with an element of Watch2Earn. Fans can earn fan tokens directly on YouTube via a Google Chrome Plug-In These fan tokens can be used to vote on certain decisions around creators or to unlock special perks, such as early ticket access for events, merch, and NFT drops.
Backed by the likes of KSI and MrBeast, XCAD has announced that YouTubers with more than 500 million subscribers are creating fan tokens on the platform.
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SOURCE XCAD Network | https://www.whsv.com/prnewswire/2022/08/22/wagmi-united-crawley-town-fc-forge-new-partnership-with-xcad-network/ | 2022-08-22T12:56:18Z |
Next-generation solution improves patient experience, outcomes tracking, and practice revenues for EMR users
PHOENIX, Aug. 22, 2022 /PRNewswire/ -- WebPT, the leading rehab therapy platform for enhancing patient care and fueling business growth, today announces the release of the Keet Remote Therapeutic Monitoring (RTM) Dashboard and enhanced integrations with the WebPT and Insight EMRs. Users now can take advantage of enhanced real-time integration with the Keet platform, including its new RTM capabilities. These new workflows will enable rehab therapists to improve the patient experience, better track patient outcomes, and increase practice revenues that leverage RTM billing codes.
"When we acquired Keet Health earlier this year, we committed to continuing Keet's laser focus on extraordinary digital-health innovation," said Ashley Glover, CEO at WebPT. "We also wanted to make it easier for WebPT EMR and Insight EMR users to access the benefits of Keet without duplicating work. As a result, practices now can take advantage of seamless integrations between our EMR products and Keet's expanded functionality—and get even more value from their investments in our platforms."
Specifically, WebPT has expanded solutions and functionality for Keet Health, Insight EMR, and WebPT EMR users through the following integrations and new offerings:
- The new Keet RTM Dashboard presents new patient engagement opportunities and tracks a patient's progress and the therapist's remote monitoring time, allowing the clinic to confidently bill for the four new RTM CPT codes that apply to outpatient therapy.
- Keet Health now offers WebPT EMR users a near real-time integration. The connection, which has been available for Insight EMR users, includes three solutions—Keet Engage, Keet Outcomes, and the new Keet RTM Dashboard—and ensures that they are easy to use for clinicians and patients.
In addition to enabling new revenue streams, digital RTM support can also accelerate patient recovery by remotely ensuring patients comply with their plans of care. "An important and timely addition to the digital health needs of every clinic is remote therapeutic monitoring (RTM)," said Troy Bage, PT, DPT, Chief Operating Officer at Ivy Rehab Physical Therapy. "Not only can RTM technology support better communication with your patients, but it also can help improve patient adherence and outcomes."
"WebPT remains passionately focused on improving experiences and outcomes for providers and patients," said Greg Ingino, Chief Technology Officer at WebPT. "Adding new Keet integrations to the WebPT EMR delivers on our commitment to help rehab therapists save time on documentation and administrative processes. This allows them to do what they do best: treat patients."
To learn more about WebPT products and integrations, visit webpt.com.
WebPT is the leading rehab therapy platform for enhancing patient care and fueling business growth. WebPT's product suite provides a robust end-to-end solution covering the entire rehab therapy business cycle, including the tools and knowledge necessary to maximize performance, revenue, and patient outcomes. With a 99% retention rate and an uptime rate in excess of 99.9% across its entire platform, WebPT is the most-trusted and most-reliable solution in the industry, regardless of practice setting, specialty, or size. Learn more at webpt.com.
Keet Health, a WebPT company, improves the digital experience and clinical outcomes for patients treated by outpatient rehab, orthopedic, and hospital-based practices. Comprising three solutions, the Keet platform features Engage, for patient communication, education, and progress tracking; Outcomes, for performance benchmarking and value-based program participation; and Remote Therapeutic Monitoring (RTM) Dashboard, for billing RTM-based CPT codes. Keet drives better outcomes—for patients and for practices. Learn more at keethealth.com.
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SOURCE WebPT | https://www.whsv.com/prnewswire/2022/08/22/webpt-launches-remote-therapeutic-monitoring-enhanced-emr-interoperability-with-keet-platform/ | 2022-08-22T12:56:24Z |
NICB Urges Homeowners To Use Caution And Avoid Post-Disaster Fraud As They Begin The Rebuilding Process
DES PLAINES, Ill., Aug. 22, 2022 /PRNewswire/ -- Following record-breaking rain, life-threatening flooding, and scorching wildfires throughout the nation, homeowners left picking up the pieces could be victimized a second time by dishonest contractors looking to make a quick, corrupt buck.
Following a disaster, victims are understandably shocked by the damage and possible loss of their homes and possessions. This is the time where bad actors prey on the vulnerable by arriving at their doorsteps, often unsolicited, and pressing homeowners into paying out their insurance claim prior to the repairs being completed. Once the payment has been collected, fraudulent contractors disappear without completing the work that was promised.
"Recovering from a disaster is an intimidating task, and homeowners should not be victimized twice," said NICB president and CEO David Glawe. "Dishonest contractors further complicate the situation by exploiting victims at the expense of homeowners and insurance providers resulting in higher insurance costs for everyone."
Before hiring any contractor, call your insurance company. There is no need to rush into an agreement with a contractor who solicits your repair work, especially if it was not requested.
The National Insurance Crime Bureau (NICB) suggests you consider these tips before hiring a contractor:
- Get more than one estimate.
- Get everything in writing. Cost, work to be done, time schedules, guarantees, payment schedules, and other expectations should be detailed.
- Request references and do the research.
- Ask to see the salesperson's driver's license and write down the license number and their vehicle's license plate number.
- Look out for out-of-state contractor licenses, as well as out-of-state vehicle registrations, as these may also indicate possible fraudulent contractors.
- Never sign a contract with blanks; unacceptable terms can be added later.
- Never pay a contractor in full or sign a completion certificate until the work is finished.
- Ensure reconstruction is up to current code.
- Make sure you review and understand all documents sent to your insurance carrier.
- Never let a contractor pressure you into hiring them.
- Never let a contractor interpret the language of your insurance policy.
- Never let a contractor discourage you from contacting your insurance company.
- Remember, if you didn't request it, reject it!
Furthermore, some deceitful contractors will state they are supported by the government. However, the Federal Emergency Management Agency does not endorse individual contractors or loan agencies. Consumers should call FEMA for more specifics at (800) 621-FEMA.
The NICB has produced public service announcements on this contractor fraud for both radio and television and in English and Spanish.
If you believe you have been a victim of fraud, call the NICB at 1-800-TEL-NICB. For additional information on hiring contractors, follow this link.
REPORT FRAUD: Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800.TEL.NICB (800.835.6422) or submitting a form on our website.
ABOUT THE NATIONAL INSURANCE CRIME BUREAU: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $582 billion in insurance premiums in 2021, or more than 82% of the nation's property-casualty insurance. That includes more than 96% of the nation's personal auto insurance. To learn more, visit www.nicb.org.
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SOURCE National Insurance Crime Bureau | https://www.whsv.com/prnewswire/2022/08/22/wildfire-flood-victims-are-prime-targets-fraud-they-return-home-disaster/ | 2022-08-22T12:56:31Z |
HANGZHOU, China, Aug. 22, 2022 /PRNewswire/ -- YoloLiv has introduced yet another new product - Instream, the first and only all-in-one multicam vertical live streaming studio that is designated for the new generation of content creators, influencers, storytellers and videographers.
Entire Instagram/TikTok Live Streaming Studio IN ONE BOX
This 7-inch box is not only the integration of an encoder, switcher, recorder and monitor, but also a graphic generator, multiview builder and a vertical content creation tool. YoloLiv re-envisions video production with a new standalone solution that features your live streams through Instagram and TikTok, all in a vertical format that sits upright, in the palm of your hand.
Instream packs a full suite of broadcast enhancing features as the current YoloBox lineups. It includes 2 HDMI inputs and 1 USB input and supports Wi-Fi, 4G LTE and Ethernet connections. Just like the YoloBox, Instream can easily be operated on the touch screen and can be used intuitively like a smartphone. With its compact size, Instream can fit in a backpack easily and gives people the ability to consume their content more and more on mobile and on-the-go. By using the Qualcomm Snapdragon 845, an 8-core processor, Instream is even more powerful than current YoloBox lineups. It also provides an LCD touchscreen with 600 nits brightness.
Vertical Video As The New Norm & Default
In the midst of this video revolution where over 75% are consumed vertically. The traditional 16:9, landscape format is being replaced by 9:16, vertical format that has fast become the new norm and new default for video creation and consumption. Vertical video is exploding on nearly every social media platform, including Facebook, YouTube, Instagram (IGTV) and Snapchat.
Create Better & More Engaging Content Vertically
Producing live vertical content on these platforms is especially attractive to the New Generation of Content Creators, Influencers, Storytellers & Videographers since followers/subscribers can be notified in real-time when events go live. Smart phones have been used for creating vertical content, but there are limitations due to just having a single camera angle. While the traditional OBS is way too complicated for most people. With Instream, to create more engaging vertical content, multiple camera angles with live switching, graphic overlays, animated countdown timers, even more professional features like Picture in Picture, and Chroma Key will surely take your productions to the next level.
Risk-Free Livestream to Instagram and TikTok
It's worth mentioning that Instream made vertical streaming easy because it allows users to live stream to Instagram and TikTok without the need of computers and OBS. It can be risky to use software like Yellow Duck by giving out your account and password and not mentioning that your account can be suspended by the platform at any time. Instream gives users full protection by not violating these regulations. With Instream, you can be among the first to lead the future of video.
Join The Vertical Video Revolution With YoloLiv
All the more brands and social media influencers are embracing vertical videos as part of the marketing strategy, the increase in engagement and brand awareness are self-explanatory. Savvy videographers use this streaming to Instagram & TikTok to expand their business proposal to attract and further meet their clients' needs.
So what does this all mean for you?In simple terms, it means rethinking the way you do video on social media. It's time to take a step back from doing what you've always done, and consider that your audience is now predominantly browsing vertically. Your videos should match that experience!
As former Facebook COO Sheryl Sandberg said, "If you're offered a seat on a rocket ship, don't ask what seat! Just get on."
About YoloLiv
YoloLiv designs and manufactures high-performance video solutions for broadcasting. It's dedicated to providing simple, reliable and cutting-edge products and services to deliver new and innovative ways of live streaming. YoloLiv technology is now used around the world by professionals and amateurs alike to capture and share compelling video content. For more information, please visit www.yololiv.com
To keep up to date with our product updates & latest features, please follow us on:
Facebook page: https://www.facebook.com/YoloLivTech
Youtube: https://www.youtube.com/channel/UCnJNgNNlDLaCiOkfSz_pgMg
LinkedIn: https://www.linkedin.com/company/yololiv/mycompany/
Instagram: https://www.instagram.com/yololivtech/
Twitter: https://twitter.com/YoloLivTech
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SOURCE YoloLiv Tech | https://www.whsv.com/prnewswire/2022/08/22/yololiv-introduces-instream-first-amp-only-all-in-one-multicam-vertical-live-streaming-studio/ | 2022-08-22T12:56:38Z |
Cyril Junior Dim rises above 30,000 participants to win world's largest speech contest
ENGLEWOOD, Colo., Aug. 22, 2022 /PRNewswire/ -- With an inspiring speech titled, "Ndini," Cyril Junior Dim, a 24-year-old Zimbabwean software engineer living in Wroclaw, Poland, won the Toastmasters World Championship of Public Speaking® on Saturday, Aug. 20 at the Gaylord Opryland Resort & Convention Center in Nashville. Dim, along with seven other final contestants, reached the championship level after several eliminating rounds that began more than six months ago with 30,000 participants from 144 countries. Watch Dim's winning speech here.
"This feels like one of those wild dreams," said Dim. "I'm thankful that at every step of this journey people were able to see past my short-sighted vision. I especially thank Kamila, who's been more than just a Coach across several championship attempts."
Dim's winning speech was titled, "Ndini," a word from the Shona language in Zimbabwe that translates to "this is me" in English. The speech centered on Dim's journey of self-acceptance. "I addressed a time in my life when I wasn't happy with who I was and the lengths to which I went to try and become somebody else," he said. "Then I spoke about a friend of mine who made me realize that there is value in accepting who you are. From there came a new way of looking at the world where I viewed being different as an opportunity to be special if you accept yourself."
In his acceptance speech, Dim said, "I want to thank the family that has believed in me. In a society where you can be a doctor, a lawyer, or a failure, to say you wanted to be a public speaker might have been met with some resistance, but my family prayed for me every step of the way."
Dim joined Toastmasters four years ago with his sights set on being an accomplished public speaker. "When I joined the organization and got a picture of what Toastmasters is, I realized how much I didn't know. I thought I was a good public speaker, but there was plenty I didn't know and things I needed to learn."
Dim claimed the title of Toastmasters' 2022 World Champion of Public Speaking during the organization's annual convention held as a hybrid event, Aug. 17-20.
Speakers delivered five-to seven-minute speeches on wide-ranging topics, and were judged on content, organization, and delivery.
Second- and third-place winners were Alexandre Matte from Sudbury, Ontario, Canada, with his speech titled "Missing Ingredient" and Mas Mahathir Bin Mohamad from Subang Jaya, Selangor, Malaysia, with his speech, "Two Gifts."
Toastmasters International is a worldwide nonprofit educational organization that empowers individuals to become more effective communicators, and leaders. Headquartered in Englewood, Colo., the organization's membership exceeds 280,000 in more than 14,700 clubs in 144 countries. Since 1924, Toastmasters International has helped people from diverse backgrounds become more confident speakers, communicators, and leaders. For information about local Toastmasters clubs, please visit www.toastmasters.org. Follow @Toastmasters on Twitter.
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SOURCE Toastmasters International | https://www.whsv.com/prnewswire/2022/08/22/zimbabwean-software-engineer-living-poland-wins-toastmasters-2022-world-championship-public-speaking/ | 2022-08-22T12:56:44Z |
Parents charged with murder after baby found buried in backyard
ERWIN, N.C. (WRAL) - A North Carolina couple is being charged with the murder of their baby after the child was found buried in a backyard.
Dustin Vandyke, 28, and Gracie Riddle, 18, are being charged with first-degree murder.
“Anytime you’re dealing with a death or homicide, it’s sad for everyone involved,” Erwin Police Chief Jonathan Johnson said.
Friday night, police in Erwin, North Carolina, got a tip about an unreported death on Moulton Spring Road.
After interviewing several people in the area, police were able to get a search warrant on the property. With the use of cadaver K-9s, they located an infant buried in the backyard.
“This person, and I’m sure there’s other people with knowledge of the incident through word of mouth or whatever, I think this person just finally got to a point where their conscious got to them and they decided they needed to talk about it and tell someone. And that’s how we initially got the report,” Johnson said.
The gender of the baby is unknown at this time and the death does not appear to be accidental.
“You just never know what somebody is going through or why somebody would do the things they do. You just have to be vigilant and report anything suspicious,” Johnson said.
Officials are waiting on autopsy results for a cause of death.
Johnson says this is an isolated incident and there is no danger to the public.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/08/22/parents-charged-with-murder-after-baby-found-buried-backyard/ | 2022-08-22T12:59:51Z |
$27 billion class-action lawsuit in works for Uvalde mass shooting
UVALDE, Texas (KSAT) - A massive lawsuit was announced on behalf of those affected by the Robb Elementary School shooting.
The class-action suit is going after several law enforcement agencies as well as a gun manufacturer.
The lead attorney filing the suit, Charles Bonner, said they are fighting for justice and accountability.
“What we intend to do to help serve this community and that is to file a $27 billion civil rights lawsuit under our United States Constitution, one-of-a-kind in the whole world,” he said.
Bonner, a civil rights attorney, said he intends to file a class action lawsuit against anyone who can be held responsible for what happened inside of Robb Elementary on May 24.
“We have the school police, OK, out of Redondo. We have the city police, and we have the sheriff and we have the Texas Rangers, the DPS, and we have the Border Patrol,” he said, as well as gun manufacturer Daniel Defense and Oasis Outback, where the gunman bought the weapon used.
“There will be some institutional defendants, including the school board or the city council,” Bonner said.
He and his associate have been traveling to Uvalde from their California office for weeks - meeting with families at Pastor Daniel Myers’ church, Tabernacle of Worship.
“Up to right now, there’s been no accountability, there’s no justice for those 19 children and the two teachers,” Myers said.
The suit is being filed on constitutionality. Bonner said the victims, survivors and their families had their 14th Amendment rights violated.
“And what we’ve seen here is that the law enforcement agencies have shown a deliberate, conscious disregards of those lives,” he said.
Bonner’s law firm is taking on this class-action suit with a team of other firms, including a local Uvalde law office. It’s a big undertaking, one he said he believes is necessary to save lives.
“Everyone in this world (is) hurting and bleeding about what is happening here in Uvalde. And it’s up to us to make sure it doesn’t happen again,” Bonner said.
The lawsuit is still being drafted. Bonner said it’ll be filed in September when the investigation into the shooting is done.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/08/22/27-billion-class-action-lawsuit-works-uvalde-mass-shooting/ | 2022-08-22T13:47:38Z |
Advanced cervical cancer on the rise, study says
Published: Aug. 22, 2022 at 9:14 AM EDT|Updated: 33 minutes ago
(CNN) - Women in the United States are facing an increased threat of advanced-stage cervical cancer.
According to a study in the International Journal of Gynecological Cancer, stage 4 cases rose at a yearly rate of 1.3% from 2001 to 2018.
During that same time frame, the rate of early-stage cervical cancer dropped.
The research says the biggest spike was for white women at nearly 2%.
There are limited options to treat this condition, and those who contract it have less than a 20% chance of surviving longer than five years.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/08/22/advanced-cervical-cancer-rise-study-says/ | 2022-08-22T13:47:45Z |
Birthdays: 8.19.22 - 8.21.22
Happy Birthday to everyone who celebrated over these days!!
Published: Aug. 22, 2022 at 9:41 AM EDT|Updated: 5 minutes ago
Birthdays: 8.19.22 - 8.21.22
Copyright 2022 WVVA. All rights reserved.
Birthdays: 8.19.22 - 8.21.22
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/08/22/birthdays-81922-82122/ | 2022-08-22T13:47:51Z |
Mother of 2 children found dead in suitcase believed to be in South Korea, police say
(CNN) - A woman believed to be the mother of two children whose remains were found in an auctioned suitcase in New Zealand last week is in South Korea, a Seoul police official told CNN on Monday.
The woman is a Korean-New Zealander, who arrived in South Korea in 2018 but has no record of departing the country, the official said.
She had a Korean nationality before acquiring the New Zealand nationality a “long time ago,” according to the South Korean police official who did not confirm if she was born in South Korea.
Her current whereabouts are unknown, the official added.
The officials from New Zealand police and their South Korean counterparts are coordinating and checking facts via the official Interpol channel.
The New Zealand police told CNN Monday that they were “not in a position to confirm” any new details or “provide further comment at this stage.”
Last week, the New Zealand police confirmed that they have launched a homicide investigation after the remains of two children, believed to be between ages 5 and 10, were found in suitcases bought by a family at an online auction.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/08/22/mother-2-children-found-dead-suitcase-believed-be-south-korea-police-say/ | 2022-08-22T13:47:57Z |
Parents charged with murder after baby found buried in backyard
ERWIN, N.C. (WRAL) - A North Carolina couple is being charged with the murder of their baby after the child was found buried in a backyard.
Dustin Vandyke, 28, and Gracie Riddle, 18, are being charged with first-degree murder.
“Anytime you’re dealing with a death or homicide, it’s sad for everyone involved,” Erwin Police Chief Jonathan Johnson said.
Friday night, police in Erwin, North Carolina, got a tip about an unreported death on Moulton Spring Road.
After interviewing several people in the area, police were able to get a search warrant on the property. With the use of cadaver K-9s, they located an infant buried in the backyard.
“This person, and I’m sure there’s other people with knowledge of the incident through word of mouth or whatever, I think this person just finally got to a point where their conscious got to them and they decided they needed to talk about it and tell someone. And that’s how we initially got the report,” Johnson said.
The gender of the baby is unknown at this time and the death does not appear to be accidental.
“You just never know what somebody is going through or why somebody would do the things they do. You just have to be vigilant and report anything suspicious,” Johnson said.
Officials are waiting on autopsy results for a cause of death.
Johnson says this is an isolated incident and there is no danger to the public.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/08/22/parents-charged-with-murder-after-baby-found-buried-backyard/ | 2022-08-22T13:48:04Z |
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