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LOS ANGELES, Nov. 12, 2020 /PRNewswire/ -- Shred, the best way to get fit together, announced $4M in seed funding from leading Silicon Valley investors and celebrities. The funding will be used to grow and expand Shred's digital fitness platform and bring new products and features to its growing community, including the launch of a new video streaming platform that lets consumers workout with their friends. This new functionality will begin rolling out by the end of the year, just in time for the holidays. You can join the waitlist here! Since inception, more than a million consumers have made Shred their fitness destination, with COVID-19 driving significant interest as consumers reshape their fitness routines while gyms around the globe remain closed. The number of home workouts versus gym workouts has doubled during the pandemic. The growing number of Shred users have created a unique, motivated community because the ability to egolessly motivate each other is so powerful and engaging. Collectively, more than 3 million workouts and 76 million exercises have been completed on Shred. "When we started Shred, we wanted to build a way for our friends to exercise with each other, despite being separated by hundreds of miles and having very different, very busy schedules. It's amazing to see our passion turn into something that's changing so many lives for the better. Shred embodies what tech-for-good means and I'm proud to build Shred every day," said Charlie Hale, Shred Co-founder and Head of Product. "I'm excited for the potential I see for Shredusers in a new era of social fitness. While the world has clearly changed over the past several months, mobile technology has also created a once in a generation opportunity to create an amazing experience. The team at Shred has built an incredibly engaging product, and I'm even more excited about what I know what's coming soon," said Eduardo Vivas, an early investor and angel investor. The future of fitness is increasingly remote and asynchronous. People want to work out with their friends and on their own time - which was previously impossible to achieve. With Shred and the upcoming video-based social workout launch, people can workout whenever they want with whoever they want and have a great time doing it! About Shred Shred is the best way to get stronger & workout harder with dynamic, personalized training programs for your home or gym, step-by-step coaching & tracking, and fun motivation from a hardworking community around the world. Let's get started! Visit https://www.shred.app/. Press Contact Jessi West [emailprotected] (415) 343-5880 SOURCE Shred
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Shred Raises $4M to Modernize Home Fitness with Fun, Motivating, Social Workouts Shred delivers the most exciting way to get fit together
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NEW YORK, March 1, 2021 /PRNewswire/ -- GMO-Z.com Trust Company ("GMO Trust"), a New York subsidiary of GMO Internet Group, the Tokyo-based Internet and Finance conglomerate, has launched the world's first regulated JPY-pegged stablecoin, (Ticker: GYEN), as part of a move to digitize the most traded currencies and fuel blockchain technology.For more information on GYEN, launched with the U.S. dollar-pegged stablecoin, ZUSD, please visit: https://stablecoin.z.com/. (PRNewsfoto/GMO Internet Group) With the launch, GMO Trust delivers a digital asset that meets the stringent standards of federal banking regulations and is backed by one of the world's most popular currencies. GMO Trust joins the ranks of Paxos, Gemini, Coinbase Custody, NYDIG, Bakkt and Fidelity Digital Assets as the seventh company to be granted a limited purpose trust charter by the New York Department of Financial Services to offer a stablecoin, which occurred on December 29, 2020.Institutional firms and retail traders can leverage GYEN for trading, institutional hedging, arbitrage, settlements and payments with lower fees and near instant settlement.The stablecoins are 100% fiat-backed and always redeemable 1:1. They are powered by Ethereum's leading blockchain-based technology. They are available on exchanges globally among the most liquid digital assets.Ken Nakamura, President and CEO of GMO-Z.com Trust Company, Inc., said: "For GMO Trust, this is much more than just the launch of stablecoins.We believe regulated, fiat-backed stablecoins are the first digital assets to be used by tier one financial firms, which will greatly expand the size and use cases within the digital asset market overall."Tokyo-based GMO Internet, Inc., the parent company of 100 group companies including GMO Trust, is a global market leader in the Internet infrastructure, traditional finance and digital asset space.About GMO Internet Groupand GMO TrustGMO Internet Group, based in Tokyo, is a global market leader in the Internet infrastructure, Internet finance and the digital asset space since its inception in 1991. It operates the world's largest online FX trading platform, an Internet bank, a cryptocurrency exchange, a cryptocurrency mining operation, a payment gateway and a regulated stablecoin.GMO Internet, Inc. (TSE: 9449) is headquartered in Tokyo, Japan. For more information, please visit https://www.gmo.jp/en/GMO Trust, based in New York, is a limited purpose trust company regulated by the New York Department of Financial Services. Issuing the world's first regulated JPY stablecoin, GMO Trust also offers a USD stablecoin "ZUSD." GMO Trust is on a mission to bring traditional finance into the digital age with blockchain services. For more information on GMO-Z.com Trust Company, Inc., visit https://stablecoin.z.com/. Press InquiriesRyan GrahamJConnellyTEL: 862-777-4274Email: [emailprotected] GMO-Z.com Trust Company, Inc.Email: [emailprotected]Copyright (C) 2021 GMO-Z.com Trust Company, Inc. All Rights Reserved.[1] "GYEN" is a registered trademark of GMO Internet, Inc.SOURCE GMO Internet Group
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GMO-Z.com Trust Company Launches First Regulated JPY-Pegged Stablecoin GYEN[1] Now Available to Retail and Institutional Traders with Faster, More Efficient Execution
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DUBLIN--(BUSINESS WIRE)--The "OTBCHA (CAS 88-41-5) Global Market Insights 2020, Analysis and Forecast to 2025, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of OTBCHA (CAS 88-41-5) from 2015 to 2019 and its CAGR from 2015 to 2019, and also forecasts its market size to the end of 2025 and its CAGR from 2020 to 2025. For the geography segment, regional supply, demand, major players, price is presented from 2015 to 2025. The key countries for each region are also included such as the United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc. For the competitor segment, the report includes global key players of OTBCHA (CAS 88-41-5) as well as some small players. The information for each competitor includes: Applications Segment: Companies Covered: Report Scope Key Topics Covered: CHAPTER 1 EXECUTIVE SUMMARY CHAPTER 2 ABBREVIATION AND ACRONYMS CHAPTER 3 PREFACE 3.1 RESEARCH SCOPE 3.2 RESEARCH SOURCES 3.2.1 Data Sources 3.2.2 Assumptions 3.3 RESEARCH METHOD CHAPTER 4 MARKET LANDSCAPE 4.1 MARKET OVERVIEW 4.2 CLASSIFICATION/TYPES 4.3 APPLICATION/END USERS CHAPTER 5 MARKET TREND ANALYSIS 5.1 INTRODUCTION 5.2 DRIVERS 5.3 RESTRAINTS 5.4 OPPORTUNITIES 5.5 THREATS CHAPTER 6 INDUSTRY CHAIN ANALYSIS 6.1 UPSTREAM/SUPPLIERS ANALYSIS 6.2 OTBCHA (CAS 88-41-5) ANALYSIS 6.2.1 Technology Analysis 6.2.2 Cost Analysis 6.2.3 Market Channel Analysis 6.3 DOWNSTREAM BUYERS/END USERS CHAPTER 7 LATEST MARKET DYNAMICS 7.1 LATEST NEWS 7.2 MERGER AND ACQUISITION 7.3 PLANNED/FUTURE PROJECT 7.4 POLICY DYNAMICS CHAPTER 8 TRADING ANALYSIS 8.1 EXPORT OF OTBCHA (CAS 88-41-5) BY REGION 8.2 IMPORT OF OTBCHA (CAS 88-41-5) BY REGION 8.3 BALANCE OF TRADE CHAPTER 9 HISTORICAL AND FORECAST OTBCHA (CAS 88-41-5) MARKET IN NORTH AMERICA (2015-2025) 9.1 OTBCHA (CAS 88-41-5) MARKET SIZE 9.2 OTBCHA (CAS 88-41-5) DEMAND BY END USE 9.3 COMPETITION BY PLAYERS/SUPPLIERS 9.4 TYPE SEGMENTATION AND PRICE 9.5 KEY COUNTRIES ANALYSIS 9.5.1 US 9.5.2 Canada 9.5.3 Mexico CHAPTER 10 HISTORICAL AND FORECAST OTBCHA (CAS 88-41-5) MARKET IN SOUTH AMERICA (2015-2025) 10.1 OTBCHA (CAS 88-41-5) MARKET SIZE 10.2 OTBCHA (CAS 88-41-5) DEMAND BY END USE 10.3 COMPETITION BY PLAYERS/SUPPLIERS 10.4 TYPE SEGMENTATION AND PRICE 10.5 KEY COUNTRIES ANALYSIS 10.5.1 Brazil 10.5.2 Argentina 10.5.3 Chile 10.5.4 Peru CHAPTER 11 HISTORICAL AND FORECAST OTBCHA (CAS 88-41-5) MARKET IN ASIA & PACIFIC (2015-2025) 11.1 OTBCHA (CAS 88-41-5) MARKET SIZE 11.2 OTBCHA (CAS 88-41-5) DEMAND BY END USE 11.3 COMPETITION BY PLAYERS/SUPPLIERS 11.4 TYPE SEGMENTATION AND PRICE 11.5 KEY COUNTRIES ANALYSIS 11.5.1 China 11.5.2 India 11.5.3 Japan 11.5.4 South Korea 11.5.5 ASEAN 11.5.6 Australia CHAPTER 12 HISTORICAL AND FORECAST OTBCHA (CAS 88-41-5) MARKET IN EUROPE (2015-2025) 12.1 OTBCHA (CAS 88-41-5) MARKET SIZE 12.2 OTBCHA (CAS 88-41-5) DEMAND BY END USE 12.3 COMPETITION BY PLAYERS/SUPPLIERS 12.4 TYPE SEGMENTATION AND PRICE 12.5 KEY COUNTRIES ANALYSIS 12.5.1 Germany 12.5.2 France 12.5.3 UK 12.5.4 Italy 12.5.5 Spain 12.5.6 Belgium 12.5.7 Netherlands 12.5.8 Austria 12.5.9 Poland 12.5.10 Russia CHAPTER 13 HISTORICAL AND FORECAST OTBCHA (CAS 88-41-5) MARKET IN MEA (2015-2025) 13.1 OTBCHA (CAS 88-41-5) MARKET SIZE 13.2 OTBCHA (CAS 88-41-5) DEMAND BY END USE 13.3 COMPETITION BY PLAYERS/SUPPLIERS 13.4 TYPE SEGMENTATION AND PRICE 13.5 KEY COUNTRIES ANALYSIS 13.5.1 Egypt 13.5.2 Israel 13.5.3 South Africa 13.5.4 GCC 13.5.5 Turkey CHAPTER 14 SUMMARY FOR GLOBAL OTBCHA (CAS 88-41-5) MARKET (2015-2020) 14.1 OTBCHA (CAS 88-41-5) MARKET SIZE 14.2 OTBCHA (CAS 88-41-5) DEMAND BY END USE 14.3 COMPETITION BY PLAYERS/SUPPLIERS 14.4 TYPE SEGMENTATION AND PRICE CHAPTER 15 GLOBAL OTBCHA (CAS 88-41-5) MARKET FORECAST (2020-2025) 15.1 OTBCHA (CAS 88-41-5) MARKET SIZE FORECAST 15.2 OTBCHA (CAS 88-41-5) DEMAND FORECAST 15.3 COMPETITION BY PLAYERS/SUPPLIERS 15.4 TYPE SEGMENTATION AND PRICE FORECAST CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS For more information about this report visit https://www.researchandmarkets.com/r/k4rtyt
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Global OTBCHA (CAS 88-41-5) Global Market Insights, Analysis and Forecast 2020-2025, by Manufacturers, Regions, Technology, Application - ResearchAndMarkets.com
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CHICAGO--(BUSINESS WIRE)--The National Cancer Institute (NCI) and the National Institute of Biomedical Imaging and Bioengineering (NIBIB) of the National Institutes of Health (NIH), have awarded physIQ a contract to develop an AI-based COVID-19 Decompensation Index (CDI) Digital Biomarker to address the rapid decline of high-risk COVID-19 patients. Today, high-risk COVID-19 patients and their providers are finding out too late that in the disease continuum they are getting sicker and need urgent care. The new early warning system under development could allow providers to intervene sooner when a COVID-19 patient is clinically surveilled from home and begins to worsen. Rather than relying on point measurements, such as temperature and SpO2, that are known to be lagging or insensitive indicators of COVID-19 decompensation, continuous multi-parameter vital signs will be used to establish a targeted biomarker for COVID-19. Despite the technological advances and attention paid to COVID-19, the healthcare community is still monitoring patient vitals the very same way as we did in the 1800s, said Steven Steinhubl MD, Director of Digital Medicine at Scripps Translational Science Institute (STSI) and a physIQ advisor. With the advances in digital technology, AI and wearable biosensors, we can deliver personalized medicine remotely giving caregivers new tools to proactively address this pandemic. For that reason alone, this decision by the NIH has the potential to have a monumental impact on our healthcare system and how we manage COVID-19 patients. PhysIQ will develop and validate a CDI algorithm that builds off existing wearable biosensor-derived analytics generated by physIQs pinpointIQTM end-to-end cloud platform for continuous monitoring of physiology. The data will be gathered through a clinical study of COVID-19 positive patients in collaboration with University of Illinois Hospital and Health Sciences System (UI Health) and build upon work already in-place for monitoring COVID-19 patients convalescing at home. For patients who participate in the program, physiological data will be collected before and after their admission to the hospital. Since March, when the COVID-19 pandemic began, UI Health has been at the forefront of clinical research, patient care and community-based efforts to support the Chicago community. Working with physIQ is an opportunity for us to study and adapt new technology and potentially improve patient care and make a difference among the many vulnerable patients we serve, many of whom are experiencing COVID-19 disparities in their communities, stated UI Health Chief Medical Officer, Terry Vanden Hoek MD. In the development phase of this project, physIQ and its clinical partner will monitor participants who are confirmed COVID-19 positive, whether recovering at home or following a discharge from the hospital. During the validation phase, physIQ will evaluate lead time to event statistics, decompensation severity assessments, and the ability for CDI to predict decompensation severity. The application of the CDI may provide a universal indicator of decompensation, said Karen Larimer PhD, ACNP-BC, study PI and physIQs Director of Clinical Development. Application of this technology could detect COVID-19 decompensation and prevent hospitalization or morbidity events in both scenarios. The study is designed to capture data from a large, diverse population to investigate CDI performance differences among subgroups based on sex/gender and racial/ethnic characteristics. This project will not only enable the development and validation of the CDI, it will also collect rich clinical data correlative with outcomes and symptomology related to COVID-19 infection. We are honored to have been selected by the NIH to pursue such a worthy cause in such challenging times, said Gary Conkright, CEO of physIQ. This is a culmination of many years spent in the pursuit of developing a clinical grade product to address serious medical conditions, without taking shortcuts, that has the ability to monitor the most complicated machine in the world, the human body. This index will build on physIQs prior FDA-cleared, AI-based multivariate change index (MCI) that has amassed more than 1.5 million hours of physiologic data, supporting development of this targeted digital biomarker for COVID-19. This will enable new research and further insight into using digital health to advance the public health response. This project has been funded in whole or in part with Federal funds under Contract No. 75N91020C00040 as a component of the Congressionally supported response to COVID-19 from the National Institute of Biomedical Imaging and Bioengineering and the National Cancer Institute, National Institutes of Health, Department of Health and Human Services. About physIQ PhysIQ is a leading digital medicine company dedicated to generating unprecedented health insight using continuous wearable biosensor data and advanced analytics. Its enterprise-ready cloud platform continuously collects and processes data from any wearable biosensor using a deep portfolio of FDA-cleared analytics. The company has published one of the most rigorous clinical studies to date in digital medicine and are pioneers in developing, validating, and achieving regulatory approval of Artificial Intelligence-based analytics. With applications in both healthcare and clinical trial support, physIQ is transforming continuous physiological data into insight for health systems, payers, and pharmaceutical companies. For more information, please visit www.physIQ.com. Follow us on Twitter and LinkedIn.
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National Institutes of Health Commissions PhysIQ to Develop COVID-19 Digital Biomarker Early detection of COVID-19 decompensation in patients is complicated by infrequent and non-specific clinical data A first-in-kind tool that collects and analyzes continuous physiologic data could provide early clinical indicators of COVID-19 decompensation Early detection could offer healthcare providers invaluable insight necessary to intervene earlier and reduce poor patient outcomes
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NEW YORK, Dec. 8, 2020 /PRNewswire/ --International advocacy organization Global Citizentoday announced that Alessia Cara, Carrie Underwood, Common, Gwen Stefani, John Legend, JoJo,and Tori Kelly will perform at the Global Citizen Prize award special on December 19, 2020, with appearances by John Oliver, Nick Jonas, Nikolaj Coster-Waldau and Priyanka Chopra Jonas. John Legend will also serve as host of the broadcast event, which will celebrate and honor leaders who are shaping the world we want and doing pivotal work to help end extreme poverty. The Global Citizen Prize honors those making extraordinary efforts to lift up the world's most vulnerable and make the world a better place, and who inspire others to stand up and take action. The broadcast special will premiere on Saturday, December 19, 2020 at 8:00 P.M. ET on NBC in the United States and CTV in Canada. The Global Citizen Prize will also air on MSNBC on Saturday, December 19, 2020 at 10:00 P.M. ET, with a second airing on New Year's Eve at midnight. Albavision in Central and Latin America, Digicel in The Caribbean, South Pacific and Central America, Insight TV in Asia, Europe and the Middle East, Mediacorp in Singapore, SABC in South Africa, SKY Media in the United Kingdom, TRACE Anglophone West Africa in Nigeria, Ghana and East Africa, MTV International on select channels in Africa, Asia, Europe, and Latin America, and Vodafone in Europe, Africa, Oceania and Asia will also air the awards. The Global Citizen Prize show will also be available digitally on Facebook, Twitter and YouTube following its airing on NBC. Visit globalcitizen.org/prizefor a full listing of global broadcast times. The Countdown to the Prize digitalpre-show, hosted by Access Hollywood's Scott Evans, will feature exclusive behind-the-scenes interviews with the artists, special packages on the Prize winners, and a virtual red carpet, streaming at 7:30 P.M. ET on Facebookand Twitter. See herefor digital pre-show air times around the world. Proud partners of the Global Citizen Prize include Cisco, P&G and Citi. This year's Global Citizen Prize will be recognized across six categories, including: Global Citizen of the Year, Global Citizen Prize for World Leader, Global Citizen Prize for Business Leader, Global Citizen Artist of the Year, Cisco Youth Leadership Award and the Global Citizen Country Hero Award. Global Citizen of the Year: Celebrates an individual who has proven exceptional and sustained impact toward the end of extreme poverty and its systemic causes. Global Citizen Prize for World Leader: Honors a political figure who advocates for and has implemented policy changes that have improved the lives of those living in poverty. Finalists for this year's Prize include Chancellor of Germany Angela Merkel, Chairwoman & Managing Director of the IMF Kristalina Georgieva, President of the European Commission Ursula von der Leyen, and Executive Director of UNAIDS Winnie Byanyima. Global Citizen Prize for Business Leader: Honors an individual in the business community who has combined business goals with positive human impact. Global Citizen Artist of the Year: Honors a creative individual or group using their platform and their work to create change not only through conversation but meaningful impact. Cisco Youth Leadership Award: Established by Cisco and Global Citizen, celebrates an individual aged 18-30 who has contributed meaningfully towards the goal of ending extreme poverty in their community. The award includes a $250,000 prize paid to the organization to which the individual contributes. This year's finalists include: Founder and President of Virtualahan, Ryan Gersava (Philippines); Founder and CEO of the Myna Mahila Foundation, Suhani Jalota (India); and Founder and Managing Director of Water Access Rwanda, Christelle Kwizera (Rwanda). Global Citizen Country Hero Award: Celebrates individuals around the world who have shown exceptional commitment to achieving the Global Goals and championing the most vulnerable. The award will be presented in Canada, the United Kingdom, Germany, Nigeria, South Africa, Australia and Mexico. Country Hero Awardees, include: Burnet Institute Director & CEO in Professor Brendan Crabb AC (Australia); Founder of Help A Girl Out in Yanique Brandford (Canada); Founder of Space2GroW and women's rights advocate Anab Mohamud (Germany), Co-Founder of Grupo Ecolgico Sierra Gorda Martha Isabel Ruiz Corzo (Mexico), Executive Director of Stand To End Rape Initiative (STER) Oluwaseun Ayodeji Osowobi (Nigeria), Directors of the WISE Collective Brenda Madumise-Pajibo, Onica N. Makwakwa and Pinky Mgobozi (South Africa), and co-founder and co-director of Green New Deal Fatima Ibrahim (United Kingdom). The Country Hero Award in Australia, Germany, South Africa, and the United Kingdom is presented by Vodafone, and in Mexico by Citibanamex. In addition, the Global Citizen Prize is introducing three awards, selected by Global Citizen and a team of advisors to recognize individuals or organizations who have demonstrated exceptional impact over the preceding year, creating positive change and inspiring others through compassion, innovation and unwavering dedication in their respective fields. They include: Global Citizen Prize for Philanthropy: Honors a philanthropist, or philanthropic group, who has shown extraordinary leadership, stepping forward to accelerate their giving in support of the world's biggest challenges and in pursuit of achieving the United Nations Global Goals. Global Citizen Prize for Culture & Education: Honors an individual or organization who has excelled in creating positive change through an artistic or educational endeavor. Global Citizen Prize for Activism: Honors an individual or organization whose activism has driven significant and exemplary impact for society at a local or global level. Finally, Global Citizen has also launched the #My2020Hero social media campaign, inviting everyone to honor the people in their lives who have done something special during this difficult year to support them, their community, or the world, as we take a moment together to focus on gratitude and hope. The 2019 Global Citizen Prize winners included Sting, Founder & CEO of HealthSetGo Priya Prakash, Chobani CEO Hamdi Ulukaya, Deputy Secretary-General of the United Nations Amina J. Mohammed, and filmmaker Richard Curtis. The Global Citizen Prize was launched in 2018 for the categories of World Leader and Youth Leadership and presented live on stage at the Global Citizen Festival: Mandela 100 in Johannesburg, South Africa to Prime Minister of Norway, Her Excellency Erna Solberg,and food and nutrition activist Wawira Njiru of Kenya. The Global Citizen Prize is produced by Audrey Morrissey, Ivan Dudnysky, and Jayson Belt for Live Animals and Hugh Evans, Liza Henshaw, Katie Hill, Lee Rolontz and Molly McGuiness for Global Citizen. The Prize has also received support from in-kind supporters, including: Bandsintown, BellaNaija , BOO! Surprising Media Solutions, Central Ontario Broadcasting, Curb Taxi Media, Der Stern, The Economist, Forbes, Grassroots Advertising, Inc., iHeartMedia, Jack Agency, JCDecaux Nigeria, Marketing and Media Ltd., Mass-Media, The Beat 9.99FM, The New York Times, Seen Media Group, Spotify, Superiate, TIDAL, Twitter, UK-Billboards, Vanguard Mediaand XP Digital. Since the first Global Citizen Festival in New York in 2012, Global Citizen has grown into one of the largest, most visible platforms for people around the world calling on world leaders to honor their responsibilities in achieving the United Nations Sustainable Development Goals and ending extreme poverty by 2030. Global Citizens have mobilized $48.5 billion in commitments and policy announcements from leaders that have impacted the lives of 880 million people living in extreme poverty. For more information about the Global Citizen Prize, please visitwww.globalcitizen.org/prizeand follow @GlblCtzn Twitter, Facebookand Instagramusing #GlobalCitizen. ABOUT GLOBAL CITIZEN:Global Citizen is the world's largest movement of action takers and impact makers dedicated to ending extreme poverty by 2030. With over 10 million monthly advocates, our voices have the power to drive lasting change around sustainability, equality, and humanity. We post, tweet, message, vote, sign, and call to inspire those who can make things happen to act government leaders, businesses, philanthropists, artists, and citizens together improving lives. By downloading our app, Global Citizens learn about the systemic causes of extreme poverty, take action on those issues, and earn rewards with tickets to concerts, events, and experiences all over the world. To date, the actions of our community, along with high-level advocacy efforts and work with partners, has resulted in commitments and policy announcements from leaders valued at over $48 billion, affecting the lives of more than 880 million people. For more information, visit globalcitizen.org. CONTACT:Global Citizen Inquiries:[emailprotected] Media Inquiries: Sunshine Sachs, [emailprotected] SOURCE Global Citizen
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Alessia Cara, Carrie Underwood, Common, Gwen Stefani, John Legend, JoJo, Tori Kelly to Perform at Global Citizen Prize Awards Hosted by John Legend
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BOSTON--(BUSINESS WIRE)--Amwell (NYSE: AMWL), a national telehealth leader, today announced new connectivity, device and cart offerings, all tailored to meet the evolving needs of care teams and patients. Spurred by the impact of the COVID-19 pandemic, Amwell is introducing Amwell Now, new Touchpoint Tablet software, and the C500 telemedicine cart to help health systems and other healthcare organizations easily leverage telehealth as a safe, quality care option. Amid COVID-19, healthcare organizations needs for and expectations surrounding telehealth have fundamentally changed, said Ido Schoenberg, Chairman and Co-CEO, Amwell. Increasingly, virtual care is being used as core to all types of care delivery, whether its to safeguard care teams, limit unnecessary exposure for patients, or to prioritize the home as a go-to care setting. Our latest offerings are responsive to industry calls for simplicity, integration, and quality, and in service to the evolving landscape of healthcare and our lives overall. Amwell Now and Amwells latest Carepoint tablets and carts are designed to make it easier for providers to quickly onboard patients and use virtual care. These tools can be integrated within and scaled across organizations current systems and devices, making it simple to embed and launch telehealth across various specialties and serve an entire care organization. New offerings include: More information about Amwells full Carepoint portfolio can be found here: https://business.amwell.com/telemedicine-equipment/ About Amwell Amwell is a leading telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell believes that digital care delivery will transform healthcare. The Company offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers telehealth solutions for over 2,000 hospitals and 55 health plan partners with over 36,000 employers, covering over 80 million lives. For more information please visit https://business.amwell.com/. American Well, Amwell and Carepoint are registered trademarks or trademarks of American Well Corporation in the United States and other countries. All other trademarks used herein are the property of their respective owners. Forward-Looking Statements This press release contains forward-looking statements about us and our industry that involve substantial risks and uncertainties and are based on our beliefs and assumptions and on information currently available to us. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations, financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as anticipate, believe, could, estimate, expect, intend, may, plan, potential, predict, project, should, will, or would, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent our beliefs and assumptions only as of the date of this release. These statements, and related risks, uncertainties, factors and assumptions, include, but are not limited to: weak growth and increased volatility in the telehealth market; inability to adapt to rapid technological changes; increased competition from existing and potential new participants in the healthcare industry; changes in healthcare laws, regulations or trends and our ability to operate in the heavily regulated healthcare industry; our ability to comply with federal and state privacy regulations; the significant liability that could result from a cybersecurity breach; and other factors described under Risk Factors in the prospectus for our IPO filed with the SEC. These risks are not exhaustive. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Further information on factors that could cause actual results to differ materially from the results anticipated by our forward-looking statements is included in the reports we have filed or will file with the Securities and Exchange Commission. These filings, when available, are available on the investor relations section of our website at investors.amwell.com and on the SECs website at www.sec.gov.
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Amwell Simplifies Telehealth Access with Amwell Now and Expanded Carepoint Portfolio New offerings enable increased doctor-to-patient virtual connectivity, helping providers adopt and health systems scale telehealth across specialties
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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming December 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Bayerische Motoren Werke Aktiengesellschaft (BMW or the Company) (OTC: BMWYY) securities between November 3, 2015 and September 24, 2020 inclusive (the Class Period). Investors suffering losses on their BMW investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected]. On December 23, 2019, The Wall Street Journal reported that the U.S. Securities and Exchange Commission ("SEC") was investigating whether BMW engaged in sales punching, a practice in which a company boosts sales figures by having dealers register cars as sold when the vehicles actually are still standing on car lots. On this news, the price of BMWs American Depositary Receipts (ADRs) fell $1.33, or nearly 7%, to close at $18.02 per ADR on December 23, 2019, thereby damaging investors. On September 24, 2020, the SEC announced an $18 million settlement agreement with BMW regarding the investigation. According to the SECs order, from January 2015 to March 2017, the Company had used its demonstrator and service loaner programs to boost reported retail sales volume and meet internal targets. It also stated that from 2015 to 2019, BMW kept a reserve of unreported retail vehicle sales, which is used to meet internal monthly sales targets regardless of when the actual sale occurred. On this news, BMWs ADR price fell $0.51, or about 2%, to close at $23.07 per ADR on September 25, 2020, thereby damaging investors further. The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) BMW kept a bank of retail vehicle sales that it used to meet internal monthly sales targets regardless of when the sales actually occurred; (2) BMW artificially manipulated sales figures by having dealers register cars as sold when the cars were still in inventory; and (3) BMWs key operating metrics were inaccurate and misleading due to the forgoing facts. When the true details entered the market, the lawsuit claims that investors suffered damages; and (4) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired BMW securities, you may move the Court no later than December 28, 2020 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Bayerische Motoren Werke Aktiengesellschaft (BMWYY)
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HARTFORD, Conn.--(BUSINESS WIRE)--Nassau Financial Group (Nassau) announced it has received an initial strategic investment of $100 million from Wilton Reassurance Company (Wilton Re) and Stone Point Credit (Stone Point). The strategic investment was made through the issuance of a new series of non-cumulative perpetual preferred equity and may be significantly increased as Nassaus business grows. Nassau intends to use the new capital to execute on its organic growth plans across its insurance and asset management businesses as well as to support strategic acquisitions. Nassau was founded in 2015 with an initial capital commitment along with subsequent growth capital provided by Golden Gate Capital. Since that time, Nassau has grown and acquired a range of businesses across four segments of the insurance value chain: insurance, reinsurance, distribution and asset management. Over the last year, Nassau has: Following this strategic investment by Wilton Re and Stone Point, Golden Gate Capital remains a majority controlling shareholder. RBC Capital Markets served as financial advisor and Debevoise & Plimpton LLP served as legal advisor to Nassau. Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Wilton Re and Stone Point. About Nassau Financial Group Nassau Financial Group, based in Hartford, Conn., has combined assets of $26.9 billion, capital of $1.1 billion and annual sales of approximately $600 million. Its business covers four segments: insurance, reinsurance, distribution and asset management with principal subsidiaries including Nassau Life and Annuity, Nassau Re Cayman, Saybrus Partners, Nassau CorAmerica and Nassau Corporate Credit. For more information, visit www.nsre.com. About Golden Gate Capital Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Notable financial services investments sponsored by Golden Gate Capital include Aperio Group, Angel Island Capital Management, Pluribus Labs, Makena Capital Management, Williston Financial Group and Green Street Advisors. About Wilton Re Wilton Re is a leading provider of in force and reinsurance solutions in the North American life insurance industry. With its proven experience, Wilton Re creates customized solutions that address the capital and operational needs of its clients. For more information about Wilton Re, please visit www.wiltonre.com.
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Nassau Financial Group Announces $100 Million Strategic Investment from Wilton Re and Stone Point Credit New Capital Will Support Organic Growth and Strategic M&A Activity Investment May Be Significantly Increased to Support Future Growth
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COLORADO SPRINGS, Colo., March 5, 2021 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market: CNTY) announced today that the company will release its earnings for the fourth quarter and year-end of 2020 on Friday, March 12, 2021. On Friday, March 12, 2021, Century Casinos will host its Q4 2020 Earnings Conference Call at 8:00 a.m. MST. Participants are advised to dial in 15 minutes in advance. US domestic and Canadian participants please dial +1 844-244-9160, all other international participants please use +1 330-931-4670 to dial in. The conference ID is 'Quarter4'. To just follow the call, or a recording of the call, please visit our website at https://www.cnty.com/investor/financials/financial-results/. About Century Casinos, Inc.:Century Casinos, Inc. is a casino entertainment company. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada; and Century Bets! Inc. ("CBS"). CBS and CMR operate the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH ("CRM"), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates four ship-based casinos. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza, Argentina. The Company continues to pursue other projects in various stages of development. Century Casinos' common stock trades on The Nasdaq Capital Market under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com. This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, statements regarding future results of operations, including the impact of the current coronavirus (COVID-19) pandemic, and plans for our casinos and our Company. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, among others, the risks described in the section entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2019, in Item 8.1 in our Current Report on Form 8-K filed on May 8, 2020,in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and in subsequent periodic and current SEC filings we may make. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf. SOURCE Century Casinos, Inc. Related Links http://www.cnty.com
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Century Casinos announces Dates of Fourth Quarter and Year-End 2020 Earnings Release and Conference Call
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BARCELONA, Spain, May 19, 2020 /PRNewswire/ -- Sentrium officially announces the launch of the VyOS Foundation a non-profit organization that will allow members to participate in the project governance and support, as well as in receiving various benefits in exchange. For those who are interested in membership, the special form has been prepared to fill out at prelaunch website, created so far as a placeholder website, till a proper website of the Foundation has been registered. The growing number of subscribers and contributors confirmed that the demand for a fully open-source enterprise and carrier-grade router OS was high. As a result, there was a need for an open and transparent governance model to ensure it served the broad community first and foremost, rather than any single entity. And the usual way to do that is a nonprofit organization. VyOS Foundation is designed as a non-profit organization registered in Spain. Like other software foundations, the VyOS Foundation will have individual and corporate memberships with different tiers, each with its own requirements and benefits. The Foundation's board of directors will be responsible for financial decisions, marketing, and strategy, while the technical steering committee will oversee the project development. Technical steering committee members will be elected from active contributors to the project source code, documentation, and infrastructure. Trademarks and other related IP (logos, marketing materials, artwork, etc.) will be transferred from Sentrium S.L. to the VyOS Foundation. VyOS Foundation (VF) will oversee different project activities and needs that will be scoped over time within members. The general plan is to expand activities that benefit VyOS, open-source networking as well as network engineers' wellbeing as a whole. The VyOS Foundation will be open for all with different goals who want to participate. VyOS contributors including customers will be able to join as individual members at no cost. Individuals who support the project financially will also have an option to join as individual members. For companies and organizations, a choice of multiple membership levels will be available along with different levels of requirements, responsibilities, and benefits. The corporate membership is especially beneficial for OEMs, MSPs, and systems integrators. If VyOS is an important part of their solution and they provide services for it, the membership is designed helping them to provide and market those services and have a real influence on VyOS's future. Since the corporate members receive an equivalent of the most comprehensive software access subscription and Cloud Pack, any sufficiently large VyOS user can benefit from it. They get all the software access for a flat fee, plus an ability to participate in the project governance. For more detailed information, please visit the official website. About VyOS VyOS is a fully open-source network OS that provides a wide range of features for any network, from a small business to an Internet service provider. It runs on commodity hardware such as desktop router boards and large servers; virtual machines in all popular hypervisors and multiple cloud hosting platforms including VMware, KVM, Xen, Amazon EC2, Microsoft Azure, Google Cloud Platform, and more. Its aim is to provide the reliability and user experience of traditional hardware routers, without getting tied to any specified hardware or software vendor. Unified command-line interface and HTTP API for all functions; built-in configuration versioning and archiving; and reversible image upgrade allow network admins to make configuration changes easily. VyOS project started in 2013 as a fork of Vyatta Core when the open-source Vyatta version was discontinued. For more information, press only: Nataliia Korobchenko PR manager https://sentrium.io,https://vyos.ioe-mail: [emailprotected]phone: +8170-4292-5389 SOURCE Sentrium
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Sentrium Announces the Launch of the VyOS Foundation
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LONG ISLAND, N.Y., Feb. 10, 2021 /PRNewswire/ --CANA Foundation, a non-profit whose mission is to save America's wild horses through rewilding initiatives, welcomes Wouter Helmer, co-founder of Rewilding Europe, to their Science Advisory Board. In his personal capacity, he will be advising the organization on rewilding in the United States based on his 30 years of experience with rewilding projects in Europe. Helmer's alignment with CANA comes just as a documentary produced for Rewilding Europe focused on the resurgence of nature across Europe debuts on PBS. Rewilding is a form of environmental conservation and ecological restoration with species that were nativeto an area. Rewilding Europe aims to make Europe a wilder place, with more space for unmanagednature, wildlife and natural processes. In addition to spearheading these rewilding projects that better allow people and nature to co-exist and flourish, Helmer also serves as Program Manager of GRAZELIFE, a project at the request of the European Commission to make recommendations for effective grazing systems related to climate adaptation, biodiversity and other ecosystem services, especially for large herbivores like horses. The science stands behind rewilding and we look forward to gaining further knowledge from our European friends Tweet this "We are honored to have Wouter Helmer join our Science Advisory Board and share best practices with our organization, which is at the forefront of rewilding initiatives in the United States, as we work to save our wild horses through rewilding," saidManda Kalimian, founder of the CANA Foundation. "We look forward to working with Wouter to educate the public about these important issues, including through the Europe's New Wild series on PBS." Europe's New Wildfocuses on real world rewilding projects, like the once endangered European bison, which have been reintroduced to the Southern Carpathians and are now thriving. The series explores diverse locations from the Arctic Circle to rich river wetlands. Produced for National Geographic, WWF and France 5, it is premieringon Wednesdays, February 3-24 from 10:00-11:00 p.m. ET on PBS, pbs.org and the PBS Video app."Large herbivores, like horses and bison, help facilitate species resurgence and also to alleviate forest fires, issues we face in the United States that are ever more pressing due to climate change," said Dr. Ross MacPhee, CANA's scientific advisor and senior curator at the American Museum of Natural History in New York City. "The science stands behind rewilding and we look forward to gaining further knowledge and collateral from our European friends and collaboratorsfor making a case for more projects like this in the United States."Using both fossils and modern genomic methods, MacPhee and his colleagues are conducting studies to prove that all modern horses, whether domestic or wild, have a common ancestry that originated in North America during the Ice Age.CANA is funding a variety of research initiatives devoted to understanding the horse's place in nature, as well as leading webinars and educational programs with former Congressman Steve Israel's Institute of Politicsand Global Affairs at Cornell University. Other esteemed members of the CANA team include formerUnited States Deputy Secretary of the InteriorMichael Connor, Executive Director Erin King Sweeney, andpaleogeneticist Hendrik Poinar from McMaster University in Canada.Learn more at canafoundation.org.SOURCE CANA Foundation Related Links https://canafoundation.org
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CANA Foundation Welcomes Wouter Helmer to Science Advisory Board & Promotes New PBS Documentary Series Co-founder of Rewilding Europe to advise United States based non-profit on rewilding with wild horses, just as Europe's New Wild series debuts on PBS.
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PARIS--(BUSINESS WIRE)--Regulatory News: The Combined General Meeting of Veolia Environnement (Paris:VIE) shareholders, held today at the Company's administrative headquarters, under the chairmanship of its Chairman and Chief Executive Officer, Mr. Antoine Frrot, approved all of the resolutions submitted to it with a quorum 66.43%. Due to the health measures required in the frame of the Covid-19 epidemic and in application of the exceptional measures adopted by the French government, this meeting was held behind closed doors, without the physical presence of the shareholders and other individuals entitled to attend and was broadcasted live. Its replay is accessible on the Company's website. Resolutions 17 to 19 relating to Veolias capital increase, which is intended to partially finance the proposed merger between Suez and Veolia, were largely adopted by Veolia's shareholders. This vote highlights the shareholders confidence and support in Veolia's teams to build a global champion of ecological transformation. These resolutions relate in particular on: After this combined general meeting, the Board of Directors of Veolia Environnement is made up of thirteen directors, including nine independent directors out of a total of eleven directors (excluding the two directors representing employees), i.e. 81.81%, and five women, i.e. 45.45%1: Taking into account its new composition, the Board of Directors, which was held this day, updated its committees composition which is as follows: Furthermore, the Board of Directors has reaffirmed its willingness to pursue its policy of shareholder dialogue and engagement initiated several years ago. See https://www.veolia.com/en/veolia-group/finance/shareholders for the results of voting on the resolutions and a full webcast of the Combined Shareholders General Meeting. Veolia group aims to be the benchmark company for ecological transformation. With nearly 179,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. In 2020, the Veolia group supplied 95 million people with drinking water and 62 million people with wastewater service, produced nearly 43 million megawatt hours of energy and treated 47 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of 26.010 billion in 2020. www.veolia.com 1 Excluding Directors representing employees, in accordance with Articles L. 225-27-1 and L. 22-10-7 of the French Commercial Code. 2 The Board of Directors indicates that the resignation of Mr. Jacques Aschenbroich will be effective as of May 28, 2021.
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Veolia Environnement: Combined Shareholders' General Meeting, April 22, 2021
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NEW YORK, Feb. 23, 2021 /PRNewswire/ --Kinnos, makers of Highlight for Bleach Wipes, is proud to announce a distribution agreement with Armstrong Medical Supply of Houston, Texas. Highlight for Bleach Wipes, an innovative disinfectant additive that adds blue coloring to existing EPA-registered bleach-based disinfectant wipes, provides visualization during the disinfectant application, then fades. This agreement makes Highlight for Bleach Wipes available to the Veterans Health Care System that provides care at 170 medical centers and serves 9 million enrolled Veterans each year. "Adding Armstrong Medical Supply to the Kinnos distribution channel helps launch Highlight to a large number of government and veteran agencies that are looking for ways to improve their disinfection procedures and make the healthcare setting safer for their staff and patients," said Jeff Kurtzer, Vice President of Sales at Kinnos. "Armstrong's reputation for customer service and distribution to the Department of Veterans Affairs is the kind of partner that will continue to increase Highlight awareness and use while benefiting the US Veteran community." Highlight for Bleach Wipes made available to all US Veteran Agencies through national medical distributor Tweet this "Add Blue for Life" Adding Highlight's patented blue color with existing bleach disinfectant wipes, which then fades to clear, improves staff training on disinfecting technique and mitigates surface coverage failures due to the transparent application of existing products. Highlight's real-time color visualization has been reported in independent studies and whitepapers to consistently show an increase in thoroughness of cleaning, as well as better training when Highlight is added, including a noticeable improvement in ATP scores for hospitals. "When I first saw Highlight demonstrated for the first time, I contacted Kinnos CEO Jason Kang right there and then," said Durwyn Williams, Vice President of Sales at Armstrong Medical Supply. "The Highlight product is just the type of solution that medical facilities, and especially Veteran facilities, need during this current pandemic." About KinnosKinnos is pioneering color technology that revolutionizes how we use disinfectants. The company's flagship product, Highlight, is a patented and award-winning color additive platform that improves disinfection technique and compliance in real-time. Highlight is used internationally by hospitals, first responders, and transit agencies. Founded in 2014, Kinnos is headquartered in Brooklyn, NY. For more information, visit: www.kinnos.comAbout Armstrong Medical SupplyArmstrong Medical Supply is a full-line national distributor of medical equipment and supplies to federal government agencies through its FSS/GSA Contract # V797D-30062. It is a small, disadvantaged, minority-owned business headquartered in Houston, Texas. As an industry leader, Armstrong sets itself apart from the competition by providing superior customer service, quality products, prompt delivery, and competitive pricing. Armstrong's solid reputation, particularly at the Department of Veteran Affairs, was built on unwavering commitment to customer satisfaction and competent service which has proven to be an invaluable cornerstone for success in the federal marketplace. For more information, visit: www.armstrongmed.comMedia Contact:Kinnos Inc.[emailprotected] SOURCE Kinnos Related Links https://www.kinnos.com
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Kinnos Announces Partnership with Armstrong Medical Supply to Benefit Veterans Kinnos' flagship product, Highlight for Bleach Wipes, a visual disinfectant additive, made available to all US Veteran Agencies through national medical distributor
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HONG KONG--(BUSINESS WIRE)--Benefit Vantage Limited, the company behind the one-click mobile authentication, user verification, and fraud prevention solution, IPification was just selected among the Top 10 global startups at JUMPSTARTER 2021. JUMPSTARTER is an initiative organized by Alibaba Entrepreneurs Fund with the goal to build, empower, and boost Hong Kongs startup ecosystem by bringing high-quality, high-impact entrepreneurs, corporates, investors, and the public together. After more than 2000 startup applications and two rounds of preselection, IPification will take part in the grand finale of this global startup competition where two winners will be chosen. They will have the opportunity to win investments of up to US$4 million. It was the greatest honor to be selected among the top 200 global startups in the first preselection round. But then, IPification was selected among the top 20, and now among the top 10 startups, said Stefan Kostic, IPification CEO. That brought not only a great sense of pride, but it was all the confirmation we needed to push harder than ever before on our journey of building the backbone of secure, seamless mobile authentication. The scale of this achievement makes it one for the books, and we are looking forward to the grand finale. Thank you JUMPSTARTER 2021, and thank you Team IPification for all the great work, added Harry Cheung, the president of IPification. IPification has finished 2020 having deployed its patented mobile authentication, user verification, and fraud prevention technology in more than 11 different markets and reaching more than 350 million devices worldwide. About IPification IPification is building the backbone for mobile authentication of today and tomorrow via cutting edge technology. MobileID is created from a unique SIM, device, and verified phone number parameters extracted via IP address. This way, IPification's patented technology is enabling secure, passwordless, zero-tap compatible mobile user authentication, phone verification, and fraud prevention solutions for any mobile application. In partnership with Mobile Network Operators, IPification is readily available across numerous countries and regions, and trusted by some of the leading telco, technology, payment, and OTT companies including Microsoft, GBG, DataZoo, 3HongKong, Axiata Digital. As part of Benefit Vantage Limited, the leader in Asia for providing security and data backup solutions headquartered in Hong Kong, IPification has offices and representatives operating in the U.S., U.K., Serbia, Switzerland, Bosnia, Brazil, India, Vietnam and Pakistan. For more information, please visit www.ipification.com
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IPification Selected Among Top 10 Global Startups at JUMPSTARTER 2021
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LONDON--(BUSINESS WIRE)--The semiconductors market in Vietnam is expected to grow by USD 6.16 bn, progressing at a CAGR of almost 19% during the forecast period. Click & Get Free Sample Report in Minutes The growing use of IoT is one of the major factors propelling market growth. More details: https://www.technavio.com/report/semiconductors-market-in-Vietnam-industry-analysis Semiconductors Market in Vietnam: Device Landscape Based on the device, the PMICs segment is expected to witness lucrative growth during the forecast period. Semiconductors Market in Vietnam: Application Landscape Based on the application, the consumer electronics segment is expected to witness lucrative growth during the forecast period. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Companies Covered: What our reports offer: Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: MARKET LANDSCAPE PART 04: MARKET SIZING PART 05: FIVE FORCES ANALYSIS PART 06: MARKET SEGMENTATION BY APPLICATION PART 07: CUSTOMER LANDSCAPE PART 08: MARKET SEGMENTATION BY DEVICE PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES PART 11: MARKET TRENDS PART 12: VENDOR LANDSCAPE PART 13: VENDOR ANALYSIS PART 14: APPENDIX PART 15: EXPLORE TECHNAVIO About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Insights on the Semiconductors Market In Vietnam 2020-2024: COVID-19 Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2024 - Technavio
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LONDON--(BUSINESS WIRE)-- MOLINEUX RMBS 2016-1 PLC Class Z GBP 220,400,000 MBS FRN Due March 2063 ISSUE NAME. Our Ref. BB4170 ISIN Code. XS1379586784 TOTAL INTEREST AMT. CURRENCY CODE. GBP DAY BASIS. ACTUAL/365 FIXED (A005) NUM OF DAYS. 29 INTEREST RATE. 2.04688 PCT VALUE DATE. 18/05/2021 INTEREST PERIOD. 19/04/2021 TO 18/05/2021 GBP 358,433.92 POOL FACTOR. N/A
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FRN Variable Rate Fix
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DUBLIN--(BUSINESS WIRE)--The "Global Kosher Foods Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The kosher foods market is poised to grow by $ 12.02 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. The market is driven by the rise in Jewish and Muslim population and growth in consumption by other communities. The report on kosher foods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The kosher foods market analysis includes the product segment, distribution channel segment, and geographical landscapes. This study identifies the rise in urbanization and change in lifestyle as one of the prime reasons driving the kosher foods market growth during the next few years. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading kosher foods market vendors that include Archer Daniels Midland Co., Aron Streit Inc., Conagra Brands Inc., General Mills Inc., Kayco Co., Kellogg Co., Nestle SA, PepsiCo Inc., The Kraft Heinz Co., and Unilever Group. Also, the kosher foods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth. Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Distribution channel Customer Landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix For more information about this report visit https://www.researchandmarkets.com/r/nkazf5
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Global Kosher Foods Market Report 2020-2024: Poised to Grow by $12.02 Billion - Growth in Consumption by Other Communities - ResearchAndMarkets.com
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GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE:WRB) announced today that William R. Berkley, its executive chairman and W. Robert Berkley, Jr., its president and chief executive officer, will present at the 22nd Annual Credit Suisse Virtual Financial Services Forum on Thursday, February 25 at 9:40 a.m. eastern time. The presentation will be webcast live on the Companys website at www.berkley.com. Please log on at least ten minutes early to register and download and install any necessary software. A replay of the webcast will be available on the Companys website within 24 hours and remain accessible for approximately the following 90 days. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.
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W. R. Berkley Corporation to Present at the Credit Suisse Virtual Financial Services Forum
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MILWAUKEE, Nov. 3, 2020 /PRNewswire/ -- Weyco Group, Inc. (NASDAQ: WEYS) (the "Company") today announced financial results for the quarter ended September 30, 2020. Third Quarter 2020 Review Net sales were $53.2 million compared to third quarter 2019 net sales of $82.5 million. Loss from operations totaled $3.8 million compared to earnings from operations of $8.5 million in the third quarter of 2019. Adjusted earnings from operations were $3.6 million for the third quarter of 2020. Net loss totaled $5.9 million, or ($0.60) per diluted share, compared to net earnings of $6.6 million, or $0.66 per diluted share, in the third quarter of 2019. Adjusted net earnings were $1.5 million, or $0.16 per diluted share, for the third quarter of 2020. Amounts referred to as "adjusted" are Non-GAAP and exclude items that are described under "Non-GAAP Adjustments" below and"Reconciliations of Non-GAAP Financial Measures" accompanying this release. Third Quarter 2020 Segment Results Net sales in the North American wholesale segment, which include North American wholesale sales and licensing revenues, were $44.0 million in the third quarter of 2020 compared to $67.8 million in the third quarter of 2019. BOGS third quarter net sales rose 6% as compared to last year due to higher sales in the farm, service, and industrial trade channel and with e-commerce retailers. Net sales of the Florsheim, Stacy Adams, and Nunn Bush brands were down 58%, 55%, and 32%, respectively, for the quarter, due mainly to the current decrease in demand for dress and dress-casual footwear as a result of the ongoing pandemic. Licensing revenues were $224,000 for the quarter compared to $630,000 in the third quarter of 2019, down in line with reductions in licensees' sales of branded products. Gross earnings for the North American wholesale segment were 35.7% of net sales in the third quarter of 2020 compared to 35.9% of net sales in last year's third quarter. Earnings from operations for the wholesale segment were $2.8 million in the third quarter of 2020 compared to $9.5 million in the same period one year ago. Adjusted earnings from operations for the wholesale segment were $4.7 million in the third quarter of 2020. Net sales in the North American retail segment, which includes sales from the Company's Florsheim retail stores and its e-commerce businesses in the United States, were $4.4 million in the third quarter of 2020 compared to $5.2 million in the third quarter of 2019. The decrease between periods was partly due to closing three unprofitable retail stores during the quarter. E-commerce sales were up 16% for the quarter but were offset by a significant decline in brick-and-mortar same store sales, primarily due to reduced foot traffic as a result of the ongoing pandemic. Retail loss from operations totaled $2.8 million for the third quarter of 2020, compared to earnings from operations of the $365,000 for the third quarter of 2019. Adjusted loss from operations for the retail segment totaled $184,000 for the third quarter of 2020. Other Other net sales, which include the wholesale and retail net sales of Florsheim Australia and Florsheim Europe, were $4.8 million in the third quarter of 2020 compared to $9.5 million in the third quarter of 2019. The decrease was due to lower net sales at both Florsheim Australia and Florsheim Europe, resulting from retail shutdowns and stay-at-home orders. Collectively, Florsheim Australia and Florsheim Europe had a combined loss from operations totaling $3.8 million in the third quarter of 2020 compared to a loss from operations of $1.4 million in last year's third quarter. Adjusted loss from operations for the Company's other operations was $1.0 million for the third quarter of 2020. "While our top-line continues to be challenged by the far-reaching effects of the COVID-19 pandemic, we are encouraged by the recent pick-up in orders we experienced in our wholesale business in August and September," stated Thomas W. Florsheim, Jr., the Company's Chairman and CEO. "Additionally, we are pleased with the strong performance of our e-commerce websites, which underscores the strength of our brands and continued consumer demand for our products. We have taken measures to right-size our cost structure across our organization, which allowed us to return to profitability in our wholesale business in the third quarter. We look forward to building upon this momentum as we move into the final months of the year." On November 3, 2020, the Company's Board of Directors declared a cash dividend of $0.24 per share to all shareholders of record on November 30, 2020, payable on January 4, 2021. Non-GAAP Adjustments Amounts referred to as "adjusted" exclude the following items for the third quarter of 2020: $3.1 million pre-tax expense for the impairment of retail store fixed assets and operating lease right-of-use assets $1.7 million pre-tax expense from employee costs related to restructuring and temporary closures $1.5 million pre-tax expense from early lease termination charges $1.1 million pre-tax expense from a customer receivable write-off due to a bankruptcy filed during the pandemic $1.0 million pre-tax expense from reserves for obsolete and slow-moving inventory due to COVID-19 related impacts $0.4 million pre-tax expense from other related charges $1.4 million pre-tax income from government wage and rent subsidies $2.0 million tax expense related to deferred tax assets of the Company's foreign subsidiaries Reconciliations of amounts on a GAAP basis to the "adjusted" amounts are provided in the "Reconciliations of Non-GAAP Financial Measures" at the end of this release. Use of Non-GAAP Financial Measures In addition to GAAP financial measures, the Company presents the following non-GAAP financial measures: "adjusted earnings (loss) from operations," "adjusted net earnings," and "adjusted diluted earnings per share." Adjusted results exclude the impact of items that management of the Company believes affect the comparability of its consolidated financial statements in the periods presented. The Company believes that these non-GAAP measures are useful to investors and other users of its consolidated financial statements as an additional tool for evaluating operating performance. The Company believes they also provide a useful baseline for analyzing trends in its operations. Investors should not consider these non-GAAP measures in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. See "Reconciliations of Non-GAAP Financial Measures" accompanying this press release. Conference Call Details Weyco Group will host a conference call on November 4, 2020, at 11:00 a.m. Eastern Time to discuss the third quarter financial results in more detail. To participate in the call, you will first need to pre-register online. Pre-registration takes only a few minutes and you may pre-register at any time, including up to and after the call start time. To pre-register, please go to: http://www.directeventreg.com/registration/event/8083903The pre-registration process will provide the conference call phone number and a passcode required to enter the call. A replay will be available for one year beginning about two hours after the completion of the call at the following webcast link: https://edge.media-server.com/mmc/p/e8y6fbwzThe conference call will also be available in the investor relations section of Weyco Group's website at www.weycogroup.com. About Weyco Group Weyco Group, Inc., designs and markets quality and innovative footwear principally for men, but also for women and children, under a portfolio of well-recognized brand names including: Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters. The Company's products can be found in leading footwear, department, and specialty stores, as well as on e-commerce websites worldwide. Weyco Group also operates Florsheim stores in the United States and Australia, as well as in a variety of international markets. Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Various factors could cause the results of Weyco Group to be materially different from any future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the Company's ability to: (i) successfully market and sell its products in a highly competitive industry and in view of changing consumer trends, consumer acceptance of products and other factors affecting retail market conditions; (ii) procure its products from independent manufacturers; and (iii) other factors, including those detailed from time to time in Weyco Group's filings made with the SEC. With respect to the COVID-19 pandemic, numerous factors will determine the extent and length of the impact on the Company, including the extent and duration of the pandemic and its impact on the global economy; actions taken by governments, such as stay-at-home and similar orders that, among other effects, require retail store closures or limit foot traffic; the financial health of the Company's customers and business partners, including the effects of any bankruptcy proceedings by such parties; the performance/resiliency of the Company's supply chain; and the health and welfare of the Company's employees. Weyco Group undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. WEYCO GROUP, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (UNAUDITED) Three Months EndedSeptember 30, Nine Months EndedSeptember 30, 2020 2019 2020 2019 (In thousands, except per share amounts) Net sales $53,178 $82,502 $133,408 $217,106 Cost of sales 32,841 50,196 82,403 131,633 Gross earnings 20,337 32,306 51,005 85,473 Selling and administrative expenses 24,177 23,817 66,517 69,974 Earnings (loss) from operations (3,840) 8,489 (15,512) 15,499 Interest income 121 210 408 663 Interest expense (6) (96) (59) (162) Other income (expense), net (8) 11 147 (242) Earnings (loss) before provision (benefit) for income taxes (3,733) 8,614 (15,016) 15,758 Provision (benefit) for income taxes 2,136 2,029 (1,426) 3,691 Net earnings (loss) $ (5,869) $ 6,585 $ (13,590) $ 12,067 Weighted average shares outstanding Basic 9,756 9,912 9,760 9,933 Diluted 9,756 9,929 9,760 9,996 Earnings (loss) per share Basic $ (0.60) $ 0.66 $ (1.39) $ 1.21 Diluted $ (0.60) $ 0.66 $ (1.39) $ 1.21 Cash dividends declared (per share) $ 0.24 $ 0.24 $ 0.72 $ 0.71 Comprehensive income (loss) $ (4,976) $ 5,990 $ (13,383) $ 11,933 WEYCO GROUP, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) September 30, December 31, 2020 2019 (Dollars in thousands) ASSETS: Cash and cash equivalents $ 6,858 $ 9,799 Marketable securities, at amortized cost 1,955 5,904 Accounts receivable, net 39,463 51,532 Income tax receivable 3,656 - Inventories 76,178 86,713 Prepaid expenses and other current assets 3,284 6,047 Total current assets 131,394 159,995 Marketable securities, at amortized cost 13,703 15,814 Deferred income tax benefits 773 2,487 Property, plant and equipment, net 31,142 32,214 Operating lease right-of-use assets 11,929 18,753 Goodwill 11,112 11,112 Trademarks 32,868 32,868 Other assets 23,659 23,674 Total assets $ 256,580 $ 296,917 LIABILITIES AND EQUITY: Short-term borrowings $ 5,180 $ 7,049 Accounts payable 6,312 12,455 Dividend payable - 2,355 Operating lease liabilities 4,468 6,505 Accrued liabilities 10,865 13,422 Accrued income tax payable - 90 Total current liabilities 26,825 41,876 Deferred income tax liabilities 3,226 3,085 Long-term pension liability 27,009 27,523 Operating lease liabilities 9,962 14,110 Other long-term liabilities 263 329 Total liabilities 67,285 86,923 Common stock 9,844 9,873 Capital in excess of par value 66,864 65,832 Reinvested earnings 136,916 158,825 Accumulated other comprehensive loss (24,329) (24,536) Total equity 189,295 209,994 Total liabilities and equity $ 256,580 $ 296,917 WEYCO GROUP, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) Nine Months Ended September 30, 2020 2019 (Dollars in thousands) CASH FLOWS FROM OPERATING ACTIVITIES: Net earnings (loss) $ (13,590) $ 12,067 Adjustments to reconcile net earnings (loss) to net cash provided by (used for) operating activities - Depreciation 2,256 2,478 Amortization 234 133 Bad debt expense 5,102 100 Deferred income taxes 1,854 (209) Net foreign currency transaction losses (gains) 37 (105) Share-based compensation expense 1,063 1,102 Pension expense 345 785 Impairment of long-lived assets 3,055 - Increase in cash surrender value of life insurance (250) (250) Changes in operating assets and liabilities - Accounts receivable 6,908 (5,413) Inventories 10,528 (8,622) Prepaid expenses and other assets 2,963 1,731 Accounts payable (6,187) (6,418) Accrued liabilities and other (3,494) (1,873) Accrued income taxes (3,985) 338 Net cash provided by (used for) operating activities 6,839 (4,156) CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of marketable securities - (14,641) Proceeds from maturities of marketable securities 6,045 11,865 Life insurance premiums paid (155) (155) Purchases of property, plant and equipment (3,151) (4,564) Net cash provided by (used for) investing activities 2,739 (7,495) CASH FLOWS FROM FINANCING ACTIVITIES: Cash dividends paid (9,361) (9,408) Shares purchased and retired (1,304) (4,029) Net proceeds from stock options exercised - 161 Taxes paid related to the net share settlement of equity awards - (5) Proceeds from bank borrowings 32,855 113,711 Repayments of bank borrowings (34,724) (102,689) Net cash used for financing activities (12,534) (2,259) Effect of exchange rate changes on cash and cash equivalents 15 (8) Net decrease in cash and cash equivalents $ (2,941) $ (13,918) CASH AND CASH EQUIVALENTS at beginning of period 9,799 22,973 CASH AND CASH EQUIVALENTS at end of period $ 6,858 $ 9,055 SUPPLEMENTAL CASH FLOW INFORMATION: Income taxes paid, net of refunds $ 638 $ 3,385 Interest paid $ 52 $ 162 Reconciliations of Non-GAAP Financial Measures The following table contains a reconciliation of GAAP Financial Measures to the Non-GAAP Financial Measures used by the Company in the discussion of its consolidated financial results for the three months ended September 30, 2020. Three Months Ended September 30, 2020 GAAP Non-GAAP Measures Measures (As Reported) Adjustments (As Adjusted) (In thousands, except per share amounts) Earnings (loss) from operations $ (3,840) $ 7,399 (1) $ 3,559 Net earnings (loss) $ (5,869) $ 7,386 (2) $ 1,517 Diluted earnings (loss) per share $ (0.60) $ 0.76 (3) $ 0.16 (1) Includes $3.1 million for the impairment of retail store fixed assets and operating lease right-of-use assets, $1.7 million in employee costs related to restructuring and temporary closures, $1.5 million in early lease termination charges, $1.1 million from a customer receivable write-off due to a bankruptcy filed during the pandemic, $1.0 million in reserves for obsolete and slow-moving inventory due to COVID-19-related impacts, and $0.4 million in other related charges, partially offset by $1.4 million of income from government wage and rent subsidies. (2) Reflects the after-tax impact of the above-noted adjustments of $5.4 million and $2.0 million of tax expense related to deferred tax assets of the Company's foreign subsidiaries. (3) Reflects the per diluted share impact of the above-noted adjustments. The following is a reconciliation of GAAP Financial Measures to the Non-GAAP Financial Measures used by the Company in the discussion of its segment financial results for the three months ended September 30, 2020. Three Months Ended September 30, 2020 GAAP Non-GAAP Measures Measures (As Reported) Adjustments (As Adjusted) (Dollars in thousands) Earnings (loss) from operations Wholesale $ 2,752 $ 1,993 (1) $ 4,745 Retail (2,796) 2,612 (2) (184) Other (3,796) 2,794 (3) (1,002) Total $ (3,840) $ 7,399 $ 3,559 (1) Adjustment includes $1.1 million from a customer receivable write-off due to a bankruptcy filed during the pandemic, $0.5 million in employee costs related to restructuring and temporary closures, $0.5 million in reserves for obsolete and slow-moving inventory due to COVID-19-related impacts, and $0.2 million in other related charges, partially offset by $0.3 million of income from government wage subsidies. (2) Adjustment includes $1.5 million in early lease termination charges, $1.0 million for the impairment of retail store fixed assets, and $0.1 million in employee costs related to restructuring and temporary closures. (3) Adjustment includes $2.1 million for the impairment of retail store fixed assets and operating lease right-of-use assets, $1.1 million in employee costs related to restructuring and temporary closures, $0.5 million in reserves for obsolete and slow-moving inventory due to COVID-19-related impacts, and $0.2 million in related charges, partially offset by $1.1 million of income from government wage and rent subsidies. SOURCE Weyco Group, Inc. Related Links http://www.weycogroup.com
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Weyco Reports Third Quarter Sales And Earnings
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SKNES FAGERHULT, Sweden, April 1, 2020 /PRNewswire/ -- The consequences of the COVID-19 outbreak are affecting Concentric because the industries and regions in which the business operates are being impacted by initiatives by authorities and customers related to the spread of the virus. As a result, Concentric is reacting quickly to limit the impact by closing some sites, reducing costs and the number of employees, but there remains a considerable risk of a material financial impact on the Concentric Group after the end of March. With the high levels of uncertainty surrounding the situation and potential future initiatives by authorities and Concentric's customers, it is very difficult to predict the full financial impact on the Concentric Group at this moment. For further information contact Marcus Whitehouse, CFO +44-121-445 7783 This is information that Concentric AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 10.00 CET on 1 April, 2020. This information was brought to you by Cision http://news.cision.com https://news.cision.com/concentric-ab/r/update-on-the-impact-from-covid-19-on-the-concentric-group,c3078612 The following files are available for download: https://mb.cision.com/Main/1643/3078612/1222305.pdf Release SOURCE Concentric AB
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Update on the Impact From COVID-19 on the Concentric Group
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NEW YORK, Dec. 9, 2020 /PRNewswire/ -- The ongoing public health crisis has shown us just how valuable of a tool telehealth can be, allowing patients to access healthcare services without leaving their homes and potentially endangering themselves or others. Unsurprisingly, telehealth companies have seen massive growth and major investment in the months since the first public health shutdowns, but this is likely only the beginning. This crisis has changed the way people think about healthcare and this behavior change is likely to stick around long after things return to relatively normal. The major investment that we are seeing now in telehealth will likely lead to accelerated growth in the years to come for companies like CloudMD Software & Services Inc. (TSXV: DOC) (OTCPK: DOCRF), TELUS Corporation (TSX: T), WELL Health Technologies Corp (TSX: WELL) (OTCPK: WLYYF), Amazon (NASDAQ: AMZN), and Teladoc Health Inc (NYSE: TDOC). CloudMD is Growing Fast Amid Industry Headwinds Telehealthcare providers like CloudMD Software & Services Inc. (TSXV:DOC) (OTC:DOCRF) were on their way up well before the pandemic, as industries across the board have been shifting more and more services online for decades now, but the pandemic has accelerated this industry's development in ways few could have predicted. CloudMD has seen its customer base grow significantly since the start of the global health crisis, along with a 163 percent year-over-year Q2 revenue increase. "When COVID hit, it just moved our timeline ahead by about ten years and helped us expand on what we want to do [with telemedicine] a lot quicker," CloudMD CEO Dr. Essam Hamza told BNN Bloomberg. "Our company is set up for a pandemic." Hamza says that his company created a plan in the early days of the pandemic to shift more of its resources online. This forward-thinking paid off once the shutdowns began. CloudMD is a telehealth technology company that digitizes patients' medical records and connects them with a network of nearly 4,000 doctors and healthcare professionals at more than 500 clinics throughout North America. The company uses a software-as-a-service model with a patient-centric approach. CloudMD's proprietary technology utilizes artificial intelligence to facilitate easier access to hybrid primary care clinics, specialist care, telemedicine, mental health support, and educational resources. Throughout the month of October, CloudMD has been very active in adding new assets and technologies to the company's portfolio. In October alone, the company announced the acquisition of healthcare navigation platform Medical Confidence Inc, as well as Canadian Medical Directory and employee health services company HumanaCare. The company also closed the acquisition of healthcare revenue management company Benchmark Systems, as well as a US-based chronic care clinic and mental health assessment platform, Snapclarity. CloudMD also announced the launch of CloudMD On Demand, an online telemedicine service for pharmacies, insurance companies, and employers. In addition to taking this opportunity to expand the company, CloudMD says that these additions to its portfolio will help position the company to provide increased support during a second wave of the pandemic, including the resulting mental health crisis. Digital Health Companies Seize the Opportunity All over the digital healthcare industry, companies have a major tailwind, and these companies are looking to translate this momentum into a strong industry footing when things settle down in the years ahead. WELL Health Technologies Corp (TSX:WELL)(OTC:WLYYF) is the third-largest digital Electronic Medical Records supplier in Canada and operates 20 primary healthcare clinics in the country. In the wake of record revenue in Q2 2020, the company announced in November that it had completed the acquisition of a majority stake in Easy Allied Health, a mobile network of health experts focused on the fields of physiotherapy, occupational therapy, kinesiology, and clinical counselling. Amazon (NASDAQ:AMZN), the world's largest online retailer, announced in November that the company is adding two new pharmacy options to their e-commerce service. Amazon Pharmacy will let shoppers securely manage prescriptions and insurance information while shopping for medications online through Amazon's regular platform. Amazon also announced the Amazon Prime prescription savings benefit, which lets Prime members access discounts when paying without insurance. On October 30, Teladoc Health Inc (NYSE:TDOC) announced the completion of the company's merger with Livongo in a move that Teladoc says will significantly increase the company's capabilities for virtual care and applied health signals. Teladoc saw its revenue increase by 85 percent in the second quarter this year. TELUS Corporation (TSX:T)subsidiary Telus Health is Canada's largest digital healthcare platform. In 2019, Telus acquired on-demand virtual-care platform Akira in an effort to diversify the company's operations. The timing of this application has proved extremely fortuitous for the company, as demand for Telus's telehealth and virtual-care services rose significantly in the early days of the pandemic. Downloads of the company's Babylon telehealth have risen tenfold since March and subscriptions to Akira rose by 80 percent. The current momentum and accelerated development in the digital healthcare space have created an opportunity for so much more than just short-term gain. Companies like CloudMD Software & Services have a huge opportunity to build all-inclusive digital health networks with strong footing for years to come. For more information on CloudMD, please click here. Disclaimer: Microsmallcap.com (MSC) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. The Article and content related to the profiled company represent the personal and subjective views of the Author (MSC), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (MSC) has not independently verified or otherwise investigated all such information. None of the Author, MSC, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by MSC, a non-affiliated third party to distribute this release on behalf of CloudMD Software & Services Inc. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MSC and FNM undertake no obligation to update such statements. Media Contact: FN Media Group, LLC [emailprotected]+1(561)325-8757 SOURCE Microsmallcap.com
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The Public Health Crisis Has Supercharged the Telehealth Industry - FN Media Group Presents Microsmallcap.com Market Commentary
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NEW YORK, March 1, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212)682-3025(888) 593-4771[emailprotected] CRH Medical Corporation (NYSE: CRHM) WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CRH Medical Corporation (NYSE: CRHM) in connection with the proposed acquisition of the company by WellHealth Technologies Corp. Under the terms of the agreement, the company's shareholders will receive $4.00 in cash for each share of CRHM common stock that they hold. If you own CRHM sharesand wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/crhm/ Viela Bio, Inc. (NASDAQ: VIE) WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Viela Bio, Inc. (NASDAQ: VIE) in connection with the proposed acquisition of the company by Horizon Therapeutics plc. The transaction is structured as an all-cash tender offer in which VIE's shareholders will receive $53.00 for each share of VIE common stock that they hold. If you own VIE sharesand wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/vie/ ProSight Global, Inc. (NYSE: PROS) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ProSight Global, Inc. (NYSE: PROS) in connection with the proposed acquisition of the company by TowerBrook Capital Partners L.P. ("TowerBrook") and Further Global Capital Management ("Further Global"). Under the terms of the merger agreement, affiliates of TowerBrook and Further Global will acquire all outstanding shares of common stock of PROS for $12.85 per share in cash. If you own PROS shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/pros/ Experience Investment Corp. (NASDAQ: EXPC) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Experience Investment Corp. (NASDAQ: EXPC) in connection with the company's proposed merger with privately-held Blade Urban Air Mobility, Inc. ("Blade"). Under the terms of the merger agreement, EXPC will acquire Blade through a reverse merger that will result in Blade becoming a public company traded on the NASDAQ. The estimated post-transaction equity value of the combined company is approximately $825 million.If you own EXPC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/EXPC/ SOURCE WeissLaw LLP Related Links http://weisslawllp.com
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SHAREHOLDER ALERT: WeissLaw LLP Reminds CRHM, VIE, PROS, and EXPC Shareholders About Its Ongoing Investigations
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RANCHO CUCAMONGA, Calif., Aug. 11, 2020 /PRNewswire/ --Inland Empire Health Plan (IEHP) is addressing the homeless crisis one member at a time. In the first year of their Housing Initiative, IEHP housed 164 homeless members who have chronic health conditions and are high utilizers of health services. The innovative program also assigns members to case managers who provide benefit education and preventative health support. Continue Reading IEHP's Housing initiative houses and connects homeless members who have chronic health conditions to benefit education and preventative health support. "We know housing is the cornerstone of better physical and mental health," said Dr. Karen Hansberger, IEHP chief medical officer. "Due to the complex medical conditions of these members, it was critical to pair rental assistance with intensive case management. In doing so, we're able to guide members step-by-step through the medical system, teaching them how to get the right care at the right time. With the security of a home and case management support, our members will be able to lead happier, healthier lives." Noting the success of the Housing Initiative's ability to identify and enroll the plan's most vulnerable members, the nonprofit RAND Corporation (RAND) recently published a peer-reviewed report based on participant experience prior to housing program entry. RAND analyses found the participants suffered from an average of 17 chronic and acute health conditions, generating a median healthcare expense of $70,447 per patient per yearalmost 20 times the cost of an average IEHP member. Participants were highly likely to use ambulance services and inpatient general hospital care in the year prior to their enrollment. "We don't want our members health to decline to the point of needing these services," said Dr. Hansberger. "The program's case management feature provides members with preventative care, ensuring the stability of their health and reducing the need for emergency or inpatient services." Using findings as a baseline, RAND will examine the evolution of service utilization, health outcomes and costs of program members in the coming months."Permanent supportive housing is the right thing to do," said Jarrod McNaughton, IEHP chief executive officer. "As a health plan, we are incredibly committed to supporting those most vulnerable in our communities and are grateful to the Department of Health Care Services and our federal system for allowing us to take innovative steps in addressing homelessness in our own backyard. We hope this initiative will help our members truly thrive and that the shared information will empower others to take action in their own communities." About IEHPIEHP, Inland Empire Health Plan, is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. With a network of more than 6,400 Providers and more than 2,000 employees, IEHP serves more than 1.2 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plan (Medicare-Medicaid Plan). Through a dynamic partnership with Providers and Community, award-winning service and innovative products, IEHP is fully committed to advocating for our Members and providing them with quality, accessible and wellness-based health care services. For more information, visit iehp.org.SOURCE Inland Empire Health Plan (IEHP) Related Links http://www.iehp.org
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Local Initiative Houses 164 Inland Empire Residents
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WASHINGTON, June 12, 2020 /PRNewswire/ --The Council on American-Islamic Relations (CAIR) and its Kansas chapter are calling on the Kansas Republican Party and theUnited Wireless Arena in Dodge City, Kan., to drop anti-Muslim hate groupleader John Bennettas a keynote speaker at the Dodge City Republican Expo. SEE: Dodge City Republican Expo coming June 27https://www.dodgeglobe.com/news/20200610/dodge-city-republican-expo-coming-june-27 Bennett, who has called for the removal of American mosques and calls Islam a "cancer," is the Vice President of Understanding the Threat (UTT) whose founder and President John Guandolo yesterdaycalled for the "execution" of anti-racist protest leaders.Guandolo said: "[W]e should round up the leaders and execute them for trying to revolt and overthrow the government." LISTEN: Leaders of BLM And ANTIFA Should Rounded Up and Executed Says John Guandolo [Audio]https://hillreporter.com/leaders-of-blm-and-antifa-should-rounded-up-and-executed-says-john-guandolo-audio-70718 BothCAIRand theSouthern Poverty Law Center(SPLC) have designated Understanding the Threat an anti-Muslim hate group. TheDodge City Republican Expo, which willtake place Saturday, June 27, at United Wireless Arena, is being organized by theKansas Republican Party's First Congressional Districtand the localDodge City Wild West Republican Women's Club. "The Kansas Republican Party, its affiliates and theUnited Wireless Arena should not provide a legitimizing platform for adisgraced anti-Muslim hate group leader like John Bennett to spread his message of bigotry," saidCAIR Director of Government Affairs Robert S. McCaw. "We urge Kansas Republican leaders and United Wireless Arena to do what is right and drop a speaker who promotes the kind of bigotry that we are seeing challenged every day at anti-racist protests nationwide," said CAIR-Kansas Board Chair Moussa Elbayoumy. He noted that in 2014, CAIR-Kansas expressed opposition to Sedgwick County Sheriff's bringing John Guandolo citing his record of inciting hate against Islam. SEE: Sedgwick County Sheriff's Office won't partner on anti-terrorism training by controversial speakerhttps://www.kansas.com/news/article1144011.htmlKansas sheriff won't partner on training by John Guandolohttp://www.cairkansas.org/cair-ks-media/press-releases/228-kansas-sheriff-wont-partner-on-training-by-john-guandolo.html Incitement against Islam in that part of the state resulted in increased hate crimes against Muslims and Muslim business and places of worship. SEE: CAIR-Kansas Welcomes Guilty Pleas for Hate Attack on Somali Menhttp://www.cairkansas.org/cair-ks-media/press-releases/224-kansas-welcomes-guilty-pleas-for-hate-attack-on-somali-men.html CAIR Seeks Protection for U.S. Islamic Institutions After 'Militia' Plan to Attack Kansas Mosquehttp://www.cairkansas.org/cair-ks-media/press-releases/226-cair-seeks-protection-for-us-islamic-institutions-after-militia-plan-to-attack-kansas-mosque.html BACKGROUND ON JOHN BENNETT: In 2017, CAIR-Oklahomaissued a statementin response to an Islamophobic social media post by then state Rep. John Bennett calling for the removal of American mosques. Bennett's Facebook post, which has since been taken down, suggested that if Confederate monuments are being removed because of the Civil War, mosques should also be removed due to 9/11. SEE:Oklahoma Lawmaker's Facebook Post Regarding Mosques Sparking Controversy Bennett, a former Republican Oklahoma State House representative with a long history of making anti-Muslim remarks, has called Islam "a cancer that needs to be cut out of the nation" and repeatedly stated that he does not consider Islam to be a religion. Video:Oklahoma GOP Rep. Bennett Says 90 Percent of Islam is 'Violence,' No Moderate Islam (CAIR) Video: PBS:Oklahoma State Rep. Bennett compares the expansion of Islam in the United States to the Nazi's in Germany during the 1940's Watch: CNN:Oklahoma lawmaker John Bennet Asks Muslim students: 'Do you beat your wife?' Read:Oklahoma Rep. John Bennett doubles down on anti-Muslim vitriol at tea party event Read:OK John Bennett Says Islam Is "A Cancer In Our Nation That Needs To Be Cut Out." Background: Understanding the Threat and Its Founder and President John Guandolo In September of last year, CAIRwelcomed a Texas jury's award of $600,000 to former Minnesota Hennepin County Sheriff Rich Stanek's in his civil lawsuit against anti-Muslim conspiracy theorist JohnGuandolo and his anti-Muslim hate group Understanding the Threat (UTT). Stanek claimed Guandolo assaulted him during a 2017 National Sheriff's Association (NSA) conference. Read:Anti-Muslim Hate Group Leader Loses Assault Trial in Dallas Read:Dallas-based anti-Muslim group's leader faces civil lawsuit over alleged assault of Minnesota sheriff Read:Stanek sues former FBI agent, reported hate group member over alleged assault Guandolo is a disgraced ex-FBI agent and anti-Muslim extremist who has long peddled conspiracy theories about Islam and Muslims. Watch:Video Shows Anti-Muslim Conspiracy TheoristJohnGuandolo's Alleged Assault on Minnesota Sheriff Read:JohnGuandoloOrdered to Stay Away from Sheriff Stanek (Star Tribune) Guandolo is an infamousIslamophobewho claims a former CIA director was a "secret Muslim" and that Muslim hotel managers, cabbies and 7-11 workers seek to take over America. Hestatedthat the US Justice Department should have prevented two Muslim women from being elected to Congress and has also claimed that former CIA DirectorJohnBrennan was a secret Muslim. Guandolo hasstatedthat if he was "anointed king," he would execute those, including Democratic and Republican leaders who he claims are "advancing a radical Marxist Islamic agenda in the United States." Among his many other bizarre and Islamophobic claims,Guandolohas falsely claimed that: mosques are planning armed attacks on law enforcement authorities and churches, the Black Lives Matter movement is funded by "enemies of the United States," when a Delaware Imam (Islamic religious leader) touched his nose during the pledge of allegiance before a legislative session it was part of "civilizational jihad," Muslims are "obligated" to lie." In 2018, CAIR welcomed a decision by Tennessee's Trevecca Nazarene University to cancel an anti-Muslim event that would have featured three Islamophobic speakers, includingGuandolo. SEE:CAIR Welcomes Tennessee University's Decision to Drop Anti-Muslim 'Summit' CAIR similarly welcomeda decision by Virginia's AmherstCountySheriff's Office to drop an event featuring Islamophobic conspiracy theorist Chris Gaubatz. Gaubatz is a former employee ofGuandolo's anti-Muslim hate groupUnderstanding the Threat. Gaubatz is now the President of another anti-Muslim hate group, RAIR (Resistance Against Islamic Radicals). SEE:CAIR Welcomes Decision by Texas Agency to Drop Anti-Muslim Police Trainer WATCH:Audio/Video: IslamophobesJohnGuandolo, Chris Gaubatz Smear Mosques, Say BLM is Funded by 'Enemies' of U.S. The FBI was asked to investigate an image tweeted byGuandolo's hate group that purported to show the bombing of "CAIR HQ" in Washington, D.C.Guandolo, who has previously tweeted that "CAIR needs to be obliterated," re-tweeted the bombing image on his personal account. Earlier this month,Guandolo tweeted that "Islam is evil & barbaric." SEE:CAIR Asks FBI to Probe Tweet by Anti-Muslim Group Showing Bombing of 'CAIR HQ' CAIR is America's largest Muslim civil liberties and advocacy organization. Its mission is to enhance understanding of Islam, protect civil rights, promote justice, and empower American Muslims. CONTACT:CAIR-Kansas Board Chair Moussa Elbayoumy, 785-318-6323,[emailprotected]; CAIR National Communications Director Ibrahim Hooper, 202-744-7726,[emailprotected]; CAIR Government Affairs Director Robert McCaw, 202-742-6448,[emailprotected] SOURCE Council on American-Islamic Relations (CAIR) Related Links http://www.cair.com
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CAIR, CAIR-Kansas Call on Kansas GOP, United Wireless Arena to Drop Speaker from Hate Group Calling for 'Execution' of Anti-Racist Protest Leaders
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PLEASANTON, Calif., Oct. 20, 2020 /PRNewswire/ -- With interest rates near record lows, mortgage lenders are being inundated in the current high-volume market, increasing the need to use data and analytics tools to become more operationally efficient. A new eBook from Ellie Mae, now part of Ice Mortgage Technology and Intercontinental Exchange, Inc. (NYSE: ICE), analyzes how lenders are using data and analytics to increase efficiency, make better lending decisions, control costs, identify and mitigate risks, establish repeatable and measurable processes, and uncover new business growth opportunities. "The proper use of data should create a virtuous profit cycle," said Joe Tyrrell, president of ICE Mortgage Technology. "As lenders shift to a data mindset and use it to identify and correct competitive disadvantages, market opportunities, cost reductions and blind spots in their workflows, they can increase their throughput and profitability to invest in their continued growth. However, many lenders don't have a defined data and analytics strategy, which means they're missing out on opportunities to contain costs and accelerate growth for their organizations." Ellie Mae's Data & Analytics surveyfound that two out of five (39%) lenders could not say how much their companies spent on data and analytics in 2019. That shows how inconsistent the industry's current use of data is to inform strategic business decisions. Lenders large to small are starting their data journeys from different points, have access to different resources, barriers to adoption, and abilities to implement a data and analytics strategy. Ellie Mae found that it is far more common for large lenders to have a clearly defined data and analytics strategy (60%), compared to small and mid-size (55%) lenders, who are more likely to be in the early evaluation stage of their data journey. "As the mortgage industry becomes more competitive, lenders will need to find new ways to leverage and analyze available data to be operationally efficient, differentiate, and grow their business," Tyrrell said. "It's not enough to use data to understand 'what' happened in the past. Lenders need to understand what is happening right now and what is likely to happen in the future, while they still have the ability to take corrective action and/or make critical decisions." "Companies that implement and continuously improve their data analysis practices can reap the benefits of greater operational efficiencies, risk mitigation, transparency improvements, and streamlined processes. But the real value of data insights is to create a competitive advantage in positioning themselves in advance of emerging market trends, identifying ways to improve profitability before anyone else and most importantly knowing how to meet the expectations of their borrowers and drive differentiated customer satisfaction," he added. According to Ellie Mae's Data & Analytics survey, lenders are all over the map when it comes to their data and analytics journeys. Descriptive Phase:37% of lenders have just begun their journey. They can see simple facts about past business performance. Analytical Phase:36% of lenders have reached the stage where they not only understand what happened, but why it happened, too. Predictive Phase:24% percent of lenders have taken it a step further and are using data to see patterns and meaningful trends that affect their business. Prescriptive Phase:Only 3% of lenders are far enough along their data journey to conduct the type of prescriptive-level analyses that can inform how they should make future decisions, for example, recommending loan programs for specific applicants based on a set of predetermined factors. Forward-thinking lenders know that data can unlock the secrets to understanding and anticipating the needs of their business, their customers, and the broader industry. To download the Ellie Mae Data & Analytics eBook, and for more information, visit: https://www.elliemae.com/resources/collateral/ebooks/the-big-data-revolution About Ellie Mae Insights Ellie Mae Insightsprovides an easy-to-use application to access industry and peer group data, as well as industry benchmarking, so you can be better informed in near real-time to make smart data-driven business decisions. It works together with Ellie Mae's Encompass Data Connect, enabling you to analyze loan origination data with your existing visualization tools to uncover actionable insights that can dramatically increase your business's efficiency, agility and profitability. By blending your loan data with your front and back office data, you can gain a 360-degree view of your business to spot trends and production inefficiencies. Learn more about how Ellie Mae is changing the future of the mortgage industry by leveraging business intelligence, artificial intelligence, machine learning, and real-time data analytics to build the next generation of mortgage management solution. Visit elliemae.com/solutions/data-analytics. About Ellie Mae Ellie Mae, now part of Intercontinental Exchange, Inc. (NYSE: ICE), is the leading cloud-based platform provider for the mortgage industry. Ellie Mae's technology solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency. VisitEllieMae.comor call877.355.4362to learn more. 2020Ellie Mae, Inc.Ellie Mae,Encompass,AllRegs,Mavent,Velocify, the Ellie Mae logo and other trademarks or service marks of Ellie Mae, Inc. appearing herein are the property of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners. SOURCE Ellie Mae Related Links http://www.elliemae.com
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The Big Data Revolution: Ellie Mae Study Shows How Data and Analytics Make the Mortgage Industry More Efficient
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TEL AVIV, Israel, June 11, 2020 /PRNewswire/ -- TechSee, the category leader in Intelligent Visual Assistance, has been recognized by TMC, winning a 21stAnniversary CRM Excellence Award presented by premierpublication CUSTOMERmagazine. The company was chosen on the basis of its product's ability to expand the customer relationship to become all-encompassing, transforming the entire enterprise and customer lifecycle. Across different touchpoints, departments, and service delivery modes, TechSee was able to demonstrate clear value to clients which have expanded their use of visual engagement across different support channels. The company's AI and AR-powered solution allows enterprises to deliver visual CX across contact centers, field services and self-service, to identify and resolve issues throughout the customer journey, from sales to installation, troubleshooting and maintenance. TechSee's customers widen the range of use cases they handle with visual assistance, enabling different departments to collaborate using a single visual platform to cut costs, enhance productivity, and reduce customer effort. As part of their digital transformation strategies, TechSee enables enterprises to automate service processes using Computer Vision AI, training its systems to recognize devices and issues with over 98% accuracy, to provide real-time decision support to employees and visual self-service to customers. "We're thrilled to be honored by the TMC judges with an award that represents further validation of the breadth of our vision and the constantly increasing value we deliver to our clients and their customers," said Eitan Cohen, Founder and CEO of TechSee. "Driven by our strategy of holistic and multi-experience customer engagement, I'm very glad to say that remote visual assistance is now a cornerstone of the CRM industry." The TMC award comes shortly after TechSee won the Auggie award for "Best Use of AI," its inclusion in Fast Company's top ten list of the most innovative AR companies of 2020, and after the company collected Computing Magazine's prize for Most Innovative AI Solution at the AI & Machine Learning Awards. About TechSee TechSee revolutionizes the customer experience domain with the rst visual engagement solution powered by Computer Vision AI and Augmented Reality. It enables enterprises around the world to deliver better customer assistance, enhance service quality and reduce costs. TechSee is led by industry veterans with years of experience in mobile technologies, articial intelligence and big data. The company is headquartered in Tel Aviv with oces in New York, London, and Madrid. For more information, visit www.techsee.me About CUSTOMER Since 1982, CUSTOMER magazine (formerly Customer Interaction Solutions) has been the voice of the call/contact center, CRM and teleservices industries. CUSTOMER has helped the industry germinate, grow, mature and prosper, and has served as the leading publication in helping these industries that have had such a positive impact on the world economy to continue to thrive. Through a combination of outstanding and cutting-edge original editorial, industry voices, in-depth lab reviews and the recognition of the innovative leaders in management and technology through our highly valued awards, CUSTOMER strives to continue to be the publication that holds the quality bar high for the industry. Please visit http://www.customer.tmcnet.com. About TMCThrough education, industry news, live events and social influence, global buyers rely on TMC's content-driven marketplaces to make purchase decisions and navigate markets. As a result, leading technology vendors turn to TMC for unparalleled branding, thought leadership and lead generation opportunities. Our in-person and online events deliver unmatched visibility and sales prospects for all percipients. Through our custom lead generation programs, we provide clients with an ongoing stream of leads that turn into sales opportunities and build databases. Additionally, we bolster brand reputations with the millions of impressions from display advertising on our news sites and newsletters. Making TMC a 360 degree marketing solution, we offer comprehensive event and road show management services and custom content creation with expertly ghost-crafted blogs, press releases, articles and marketing collateral to help with SEO, branding, and overall marketing efforts. For more information about TMC and to learn how we can help you reach your marketing goals, please visit www.tmcnet.com and follow us on Facebook, LinkedIn and Twitter, @tmcnet. For more information about TMC, visit www.tmcnet.com. For more information, please contact: TechSee Liad Churchill, VP Marketing [emailprotected] TMC Stephanie ThompsonManager203-852-6800, ext. 139[emailprotected] SOURCE TechSee Related Links https://techsee.me/
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TechSee Wins TMC 2020 CRM Excellence Award English English Visual Assistance provider honored for demonstrating value by leveraging visual engagement throughout the customer journey and across organizations
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ATLANTA, March 31, 2021 /PRNewswire/ --Incident IQ, the service management platform built for K-12, announced the release of Fee Tracker an app that allows IT teams to conveniently track school-related fees and payments directly from the Incident IQ platform.Key features of Fee Tracker: Continue Reading Fee Tracker is an easy way to manage school-related fees and payments in Incident IQ IT staff can attach school-related fees, fines, and payments to support tickets, student user accounts, and IT assets. Dynamically create and manage fee and payment categories, such as library book fees, technology fees, and more. Apply fees and payments in bulk using Batch Actions to streamline end-of-year workflows. Quickly generate PDF invoices and statements. Create time-saving automation, like sending email alerts when a balance exceeds a certain amount. "We created Fee Tracker to give school districts a convenient way to manage the various fees, fines, and payments that naturally arise with the ever-increasing adoption of computing devices in today's K-12 districts," said R.T. Collins, Chief Operating Officer of Incident IQ. "Fee Tracker is another example of our continuing commitment to build tools for the unique needs of districts that aren't being served by tools designed for corporations," Collins said.Integrations with leading third-party payment processing solutions are coming soon, which will make it even easier to manage school-related fees across platforms, using Incident IQ. Fee Tracker is available now,at no additional cost for districts using the Incident IQ platform.About Incident IQIncident IQ is a service management platform built exclusively for K-12 schools, featuring asset management, help ticketing, facilities maintenance solutions, and more. The Incident IQ platform was introduced in 2017 and since that time has been rapidly adopted by K-12 school districts across the U.S. Today, millions of students and teachers in districts across more than 40 states rely on the Incident IQ platform to manage and deliver mission-critical services.Incident IQ is based in Atlanta, GA.Press Contact:Matt Owensby[emailprotected] 1-877-747-3073 ext. 255Related Imagesintroducing-fee-tracker.jpeg Introducing Fee Tracker Fee Tracker is an easy way to manage school-related fees and payments in Incident IQ SOURCE Incident IQ
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Incident IQ Releases New App to Help K-12 School Districts Manage Fees, Fines and Payments Introducing Fee Tracker, a powerful free app from Incident IQ
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CHARLOTTE, N.C., March 5, 2021 /PRNewswire/ --Amwins Group, Inc. ("Amwins"), a global distributor of specialty insurance products and services, has signed a definitive agreement to acquire Worldwide Facilities ("Worldwide"), the fourth-largest wholesale broker in the U.S. Worldwide broadens Amwins' specialty capabilities and expands its footprint, especially on the west coast. "The acquisition of Worldwide is a watershed moment not just for Amwins, but the specialty distribution space," said Scott M. Purviance, Chief Executive Officer of Amwins. "Since the beginning, we've believed that scale and specialization are key to delivering for our clients. Over the last 19 years, we've been able to build an organization that stands out amongst the competition. With the addition of Worldwide to the Amwins family we are partnering with a very talented group of brokers and underwriters.Worldwide has a very similar culture to Amwins and has a significant employee ownership base. The combined firm will have over 1,025 employee shareholders owning 43% of the business." Expected to close in April 2021, this transaction will reinforce Amwins' position as the industry's largest and most diversified specialty distribution firm. Worldwide clients can expect a continued high level of service, with access to a broader range of markets, products and tools. The Worldwide team, led by Davis Moore, will join Amwins' leadership team. The acquisition adds to Amwins' strong track record of 50 previously acquired companies, and the combined firm will have more than 6,151 employees in over 155 offices across the U.S., and place in excess of $24B in premium annually. The continued growth and expanded scale of Amwins will enable additional investment in people, technology and analytical tools to benefit our retail clients. "We are excited to join the Amwins family and the opportunities this partnership offers," said Davis Moore, Chief Executive Officer of Worldwide. "Our organizations complement each other very well from a culture and business philosophy perspective. Together, we can use our scale to continue to invest in people, technology, product and tools to deliver specialized solutions to our retail clients." Waller Helms Advisors acted as exclusive financial advisor to Worldwide Facilities in the transaction. Terms of the transaction were not disclosed. To learn more about Amwins, visit www.amwins.com. About Amwins Group, Inc. Amwins Group, Inc. is the largest independent wholesale distributor of specialty insurance products in the United States, dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. Based in Charlotte, N.C., the company operates through more than 125 offices globally and handles premium placements in excess of $22 billion annually. To learn more, visit www.amwins.com. About Worldwide Facilities Worldwide Facilities is a national wholesale insurance broker, managing general agent and program underwriter that has been in business since 1970. Its brokers and underwriters are industry leaders providing expertise in a wide range of specialty lines, as well as extensive contacts with carriers domestically and overseas. For more information, please visit wwfi.com. For further information contact: Amwins Group, Inc. Lisa Kuszmar Telephone: 704.749.2780 Email: [emailprotected] SOURCE Amwins Related Links http://www.amwins.com
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Amwins Signs Definitive Agreement to Acquire Worldwide Facilities The acquisition strengthens Amwins' U.S. presence, as well as brokerage, underwriting and binding authority and group benefits divisions
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HOUSTON, March 23, 2020 /PRNewswire/ --Now more than ever our rural communities demand and deserve quality access to the internet for their personal health and well-being, education and ability to remotely access their workplace. At RTA we are taking the following actions to help: We are instituting FREE DRIVE-UP WIFI HOTSPOTS across our service areas. Our engineering teams are working around the clock to support our network operations and ensuring high quality network performance. We are expediting our plans to increase capacity to our rural service areas. Our staff is working extra hours to make sure our subscribers are well connected. DON WORKMAN, CHAIRMAN "First I want to thank our entire RTA team for the extra hours they are putting in to ensure our service areas are performing at peak capacity for our customers. Second, we challenged the team to come up with a way to make sure anyone in our communities can gain access to the internet while practicing social distancing.I am proud to announce the winner, DRIVE-UP WIFI HOTSPOTS, which we are immediately deploying." JIM EDWARDS, CEO "We have always been committed to the community and this is yet another example of our commitment, we want to ensure our rural communities can get access to timely critical and educational information." During these challenging times,we recognize the important role RTA plays in helping our customers and rural communities stay connected to their families, their workplaces, their schools, and the latest information. About Rural Telecommunications of America, Inc. (RTA) RTA provides affordable modern internet and e-connectivity solutions for rural America. At RTA we believe in internet for all and through RTA's nationwide network, RTA is committed to help bridge the digital divide between urban and rural America, build economic and social prosperity in the rural areas and promote "rural America is open for business." Visit us at http://www.rta4all.com For more information, contact: Marty Daniels, RTA Director of Marketing; (833) 782-4255 email: [emailprotected] SOURCERural Telecommunications of America, Inc. Related Links http://www.rta4all.com
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RTA Announces COVID-19 Response To Help Keep Rural Americans Connected To The Internet
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SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (Nasdaq: UPST) announced today the pricing of its follow-on offering of its common stock at a price to the public of $120.00 per share. Upstart is offering 2,000,000 shares of its common stock. In addition, Upstart has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock at the public offering price less underwriting discounts. The offering is expected to close on April 13, 2021, subject to customary closing conditions. Upstart intends to use the net proceeds from this offering for general corporate purposes. Goldman Sachs & Co. LLC, BofA Securities and Citigroup are acting as lead book-running managers for this offering. Jefferies and Barclays are also acting as book-running managers. JMP Securities and Piper Sandler are acting as co-managers for this offering. A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on April 8, 2021. This offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526 or by e-mail at [email protected]; BofA Securities, Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, by telephone at (800) 299-1322 or by e-mail at [email protected], or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (800) 831-9146. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Upstart Upstart is a leading AI lending platform partnering with banks to expand access to affordable credit.
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Upstart Announces Pricing of Follow-on Offering
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OMAHA, Neb., Nov. 12, 2020 /PRNewswire/ --Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, todayannounced the smart pivot, a new category of mechanized irrigation that moves beyond traditional water application and management to a wide array of crop and machine health capabilities, while also delivering proven water and energy savings. Lindsay's smart pivot comes to life through two smart streams FieldNET advanced agronomics and Zimmatic machine health designed to support healthier crops and more sustainable farming practices while reducing risk and operational downtime. "The smart pivot introduces the next era of mechanized irrigation." -Gustavo Oberto, President of Irrigation, Lindsay Tweet this Lindsay's smart pivot comes to life through two smart streams FieldNET advanced agronomics and Zimmatic machine health designed to support healthier crops and more sustainable farming practices while reducing risk and operational downtime, significantly expanding what the traditional pivot is capable of. Several of the smart pivot features are the outcome of collaboration and joint development with strategic partners, including Taranis. FieldNET Advanced AgronomicsThe smart pivot uses sensors, high-resolution imagery and advanced algorithms to improve crop health both above and below the crop canopy with features including: Automatic detection of leaf-level health issues, powered by Taranis, such as nutrient deficiencies, pressure from disease and pests and the ability to auto-detect and accurately revise crop growth stages and stand counts remotely. Next-level efficiency with enhanced irrigation scheduling capabilities, deriving insights from high-resolution imagery and on-pivot sensors. Ability to optimize irrigation at scale to each unique farm, based on operational objectives, with priorities focused on conserving water and energy, boosting yield production and eliminating diminishing marginal returns. Zimmatic Operational Support and Machine HealthLindsay is introducing never-before-seen machine health capabilities that include: Advanced machine monitoring at the component level (i.e., tire pressure, gearboxes and motors), using predictive analytics and remote diagnostics to identify performance anomalies that could indicate wear or potential risk of failure. Remote connectivity between the pivot and dealer service technicians to enable automatic notifications and service scheduling that will significantly help reduce downtime, lower operating costs and improve reliability. Broader detection and reporting of application issues such as ponding, plugged sprinklers and poor spray patterns to drive greater uniformity and precision. Support for growers in evaluating and continuously improving the sustainability and profitability of their operations with real-time, running savings calculators that show water, energy and time saved over the course of the season. "The smart pivot introduces the next era of mechanized irrigation," said Gustavo Oberto, president of irrigation at Lindsay. "It delivers never-before-seen insights and efficiency to a grower's operation, changing the way they and the industry look at and use center pivots." Oberto described the smart pivot as a "self-aware, always-there robot in the field, capable of at-scale crop health management, and ground-breaking machine health features. The smart pivot virtually takes care of itself and your crops," he said.Taranis Precision Scouting PartnershipTaranis brings its unmatched precision scouting solution to this partnership, allowing the smart pivot to pinpoint challenges across the entire field for focused management. It empowers growers to make more informed, timely replant, crop nutrition and protection decisions that optimize yields."Our precision scouting platform captures comprehensive intel from the field and delivers easy-to-digest insights for Lindsay's smart pivot," said Ofir Schlam, CEO and Founder of Taranis. "No other company delivers the high-resolution imagery, field analysis and real-time reports to monitor and respond to field health challenges like our platform.We've identified over 50,000,000 agronomic issues in our customers' fields. Smart pivot customers will have continuous access to the same enhanced insights and field-proven results our current users rely on to make management decisions with confidence." "Today, growers care more than ever about the impact they're making on their land and resources," said Wade Sikkink, director of product management at Lindsay. "They need tools and methods that help them increase output, reduce risk and optimize for their specific operational objectives and also help them demonstrate their dedication to high efficiency farming and conservation. Features like our sustainability calculator and custom objectives tool, along with the range of agronomic and machine health features, are what, combined, define the smart pivot."Sikkink said these first features announced today are "just the beginning, as we will continue to expand the circle of innovation with increasingly sophisticated yet easy-to-use smart irrigation solutions." Lindsay unveiled the smart pivot through a virtual, live public event on Thursday, November 12. A separate customer input session also took place to gather critical user feedback which the company says will help shape the ongoing smart pivot roadmap.Smart pivot features are in development now. Field testing is already underway, and a limited commercial offering will beginin the spring of 2021 in North America, with a broader market release expected in spring 2022. For more information visit www.lindsay.com/smartpivot.About Lindsay CorporationLindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic center pivot and lateral move agricultural irrigation systems and FieldNET remote irrigation management and scheduling technology as well as irrigation consulting and design and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world's roads, bridges and tunnels, through the Barrier Systems, Road Zipper and Snoline brands. For more information about Lindsay Corporation, visit www.Lindsay.com. Descriptions of expected smart pivot features are for informational purposes only. The development, release and timing of future product and feature rollouts remain at Lindsay Corporation's sole discretion. Any new or supplemental features, functionality and enhancements or timing of release of such features, functionality and enhancements are at the sole discretion of Lindsay Corporation and may be modified without notice. All descriptions of upcoming features, functionality and enhancements or other similar information do not represent a commitment to deliver any material, code or functionality and should not be relied upon in making a purchasing decision.FieldNET, FieldNET Advisor, FieldNET Pivot Watch, Zimmatic, Barrier Systems, Road Zipper and Snoline are trademarks or registered trademarks of Lindsay Corporation and/or its affiliates.About TaranisTaranis represents a new category by bringing together the best of precision ag and crop scouting. Precision scouting combines high-res imagery, field intelligence, comprehensive diagnostics, API integration and deep agronomic know-how, allowing crop advisors and growers to make better, more informed crop management decisions. The company works with 16 of the world's top 20 agricultural retailers and crop protection companies and monitors more than 20 million acres of land globally for over 19,000 customers in the United States, Canada, Brazil, Russia, Ukraine and Australia. Taranis employs over 80 people worldwide and is headquartered in Sunnyvale.SOURCE Lindsay Corporation Related Links http://www.lindsay.com
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Lindsay Combines Advanced Agronomy with Predictive Machine Diagnostics to Create the First Smart Pivot Innovation transforms the pivot into an always-there crop and machine health guardian in the field
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PORTLAND, Ore., July 9, 2020 /PRNewswire/ -- Ali Al Dossary is announced today as the newest Sales Engineer at ACI Mechanical and HVAC Sales Oregon. General Manager Richard Luna is expanding sales coverage in the fast growing Portland market area, and Ali is deemed a perfect fit. (PRNewsfoto/ACI Mechanical Sales) "I am delighted to have Ali join our ACI Oregon team. His previous experience as a Mechanical Engineering Consultant puts our Commercial HVAC department at a heightened state," said Keith Glasch, President and Principal at ACI. "His expertise in consulting and design will help our customer's increasing demand for high performance buildings." Ali noted, "It is definitely a new perspective and an exciting opportunity to help clients meet their needs. I have been on the owner's side, designing and commissioning, and experienced what it is like in their shoes. Now I strive to give my clients the best experience possible." Ali previously worked as a Mechanical Engineering Designer and Consultant at Interface Engineering in Portland Oregon.Originally from Saudi Arabia, Ali moved to Oregon in 2009 and received his BS Engineering at Oregon State. He went on to obtain his Masters of Science, Engineering from the University of Portland. "Designing systems from the ground up transformed my knowledge into what I believe will help customers make the best decisions on their equipment", said Ali. "It was a deep learning experience and is more than ever applicable to my position now." As the Sales Engineer on each project, Ali will provide leadership in the project coordination with his experience in preconstruction, estimating, design build, project management, and HVAC Equipment Sales. With a desire to help others, he sets forth to build long-lasting relationships with our customers and to deliver successful projects for everyone involved. About ACI Mechanical and HVAC SalesACI is the Pacific Northwest's vendor of choice for commercial HVAC applications in education and industrial facilities, data centers, commercial office buildings, and healthcare. Since 1985, ACI has served Oregon and Washington from locations in Seattle, Portland, and Spokane. ACI represents the finest manufacturers, including Ruskin, Price Industries, Loren Cook Fan Co., as well as, many other HVAC product lines. Visitacimechsales.com. SOURCE ACI Mechanical Sales Related Links www.acimechsales.com
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Ali Al Dossary Joins ACI Mechanical and HVAC Sales as Sales Engineer Former Consulting Engineer to expand ACI Oregon's growth for client's projects
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RED BANK, N.J., April 27, 2021 /PRNewswire/ --Provention Bio, Inc., (Nasdaq: PRVB), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated disease, today announced the Company took part in an informal meeting with the U.S. Food and Drug Administration (FDA) on April 23, 2021, in connection with the FDA's ongoing review of the teplizumab Biologic License Application (BLA) for the delay or prevention of clinical type 1 diabetes (T1D). The purpose of this meeting was to discuss the FDA's considerations, thus far, regarding comparability between the Company's proposed commercial product and drug product used historically in clinical trials originating from drug substance manufactured by Eli Lilly over a decade ago. The FDA reported at the meeting that it had concluded that the pharmacokinetic (PK) profiles of the two drug products evaluated in the Company's single, low-dose pharmacokinetic/pharmacodynamic (PK/PD) bridging study conducted in healthy volunteers are not comparable, since the intended commercial product did not meet the pre-specified 80-125% PK area under the curve (AUC) comparability target range. The FDA also stated that it cannot be certain if this observation is not clinically relevant, given that the relationship between transient lymphocyte reduction, a PD marker, which was comparable in the PK/PD bridging study, and clinical efficacy, has yet to be fully validated. The FDA emphasized its understanding of the high unmet need associated with delaying the onset of clinical-stage T1D and reiterated their willingness to work with the Company to find a solution and path forward for the comparability issue. Nevertheless, the Company is reiterating previous guidance that the FDA's PK comparability considerations are likely to result in a delay in potential BLA approval timelines and that the specifics of such delay will depend upon the outcome of ongoing discussions with the FDA to find a solution, including potentially providing FDA reviewers with PK/PD data from the Company's on-going Phase 3 PROTECT study in newly diagnosed patients. The FDA also informed the Company that it plans to mention its PK comparability review in the clinical pharmacology summary of its briefing materials for the Advisory Committee meeting on May 27th, along with a statement that the FDA is actively working with the Company to resolve the issue and that the focus of the Advisory Committee meeting is efficacy and safety of teplizumab. It is the Company's understanding that since the FDA's PK comparability considerations do not bear on the benefit-risk assessment of the TN-10 study clinical data package, no comparability related questions or discussion topics are planned for the meeting. The FDA also recommended that both the FDA and the Company update their Advisory Committee briefing materials to reflect the removal of the term "prevention" from the previously proposed indication, as the remaining term "delay" more accurately reflects the results of the TN-10 trial. "We would like to thank the FDA for meeting with us to explain its PK comparability considerations, thus far, and especially for its willingness to work with us to find a path forward," stated Ashleigh Palmer, CEO and Co-Founder, Provention Bio. "We are also fully aligned with the FDA's recommendation to remove the term 'prevention' from the wording of teplizumab's initial indication and instead focus exclusively on delaying the progression of disease. We believe this will help to reinforce the fact that, while pre-symptomatic, T1D patients with two autoantibodies and dysglycemia already have the disease and may benefit from therapeutic options targeting the preservation of functional beta cell mass. We remain enthusiastic about the clinical efficacy and safety data submitted in connection with the BLA in support of teplizumab's potential to address the high unmet needs of pre-symptomatic T1D patients. Finally, weare looking forward to participating alongside the patient community, treating physicians, and additional members of the T1D community in the upcoming FDA Advisory Committee Meeting, the importance of which could not be more clear at this juncture." About Teplizumab (PRV-031):Teplizumab is an investigational anti-CD3 monoclonal antibody (mAb) with a filed BLA under Priority Review by the FDA for the delay or prevention of clinical type 1 diabetes (T1D) in at-risk individuals. More than 800 patients have received teplizumab in multiple clinical studies involving more than 1,000 subjects. In previous studies of newly diagnosed patients, teplizumab consistently demonstrated the ability to preserve beta-cell function, a measure of endogenous insulin production. It correspondingly reduced the need for exogenous insulin use. Teplizumab has been granted Breakthrough Therapy Designation by the FDA and PRIME designation by the European Medicines Administration. Provention is currently also evaluating teplizumab in patients with newly diagnosed insulin-dependent T1D (the Phase 3 PROTECT study). About Provention Bio, Inc.: Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated diseases. The Biologics License Application (BLA) for teplizumab, its lead investigational drug candidate, for the delay or prevention of clinical type 1 diabetes in at-risk individuals has been filed by the U.S. Food and Drug Administration (FDA). The Company's pipeline includes additional clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in other autoimmune diseases, including celiac disease and lupus. Visit www.ProventionBio.comfor more information and follow us on Twitter: @ProventionBio. Internet Posting of Information:Provention Bio, Inc. uses its website,www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases,SECfilings and public conference calls and webcasts. Forward Looking Statements:Certain statements in this press release are forward-looking, including but not limited to, statements relating to regulatory review of the BLA submission for teplizumaband the potential approval of teplizumab, including a delay relating to the same, the potential therapeutic effects and safety of teplizumab and the FDA's willingness to work with us to find a solution to the teplizumab comparability issue between our proposed commercial product and drug product used historically in clinical trials originating from drug substance manufactured by Eli Lilly, including potentially providing FDA reviewers with PK/PD data from the our on-going Phase 3 PROTECT study in newly diagnosed patients. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks related to delays in, or failure to obtain FDA approvals for teplizumab or other Company product candidates and the potential for noncompliance with FDA regulations; any inability to successfully work with FDA to find a satisfactory solution to address its concerns in a timely manner or at all, including any inability to provide the FDA with PK/PD data from the our on-going Phase 3 PROTECT study or other data sufficient to support an approval of the BLA for teplizumab; the potential impacts of COVID-19 on our business and financial results; changes in law, regulations, or interpretations and enforcement of regulatory guidance;uncertainties of patent protection and litigation; the Company's dependence upon third parties; substantial competition; the Company's need for additional financing and the risks listed under "Risk Factors" in the Company's annual report on Form 10-K for the year endedDecember 31, 2020, and any subsequent filings with the Securities and Exchange Commission. As with any pharmaceutical under development, there are significant risks in the development, regulatory approval and commercialization of new products. Provention does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. The information set forth herein speaks only as of the date hereof. Investor Contacts:Robert Doody, VP of Investor Relations[emailprotected] 484-639-7235 Sam Martin, Argot Partners[emailprotected] 212-600-1902 Media Contact:Lori Rosen, LDR Communications[emailprotected]917-553-6808 SOURCE Provention Bio, Inc.
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Provention Bio Provides Additional Regulatory Update on Biologics License Application for Teplizumab for the Delay or Prevention of Clinical Type 1 Diabetes in At-Risk Individuals
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LAS VEGAS, April 22, 2021 /PRNewswire/ --SciPlay Corporation (NASDAQ: SCPL) (the "Company")announced today it will release results for its first quarter ended March 31, 2021 on Monday, May 10, 2021, before the market open. The Company will host an investor conference call and simultaneous webcast that day at 9:15 a.m. Eastern Time to discuss these results. We encourage participants to pre-register for the conference call by using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to the call start time. To pre-register, click here: SciPlay Investor Call Investor Conference CallMay 10, 20219:15 a.m. Eastern Time / 6:15 a.m. Pacific Time Those without internet access or unable to pre-register may dial in by calling: US Toll Free: +1 (877) 870-4263International Toll: +1 (412) 317-0790Conference ID: SciPlay Investor Call Telephone ReplayA telephone replay of the call will be available for one week.US Toll Free: +1 (877) 344-7529International Toll: +1 (412) 317-0088Replay Access Code: 10155347 Webcast: To access the live webcast of the call, please visit the Company's Investor News section of its website https://investors.sciplay.com/news-and-events/events-and-presentations and click on the webcast link. A replay of the webcast will be available approximately one hour after the webcast and will be archived on the Company's website. About SciPlay SciPlay (NASDAQ: SCPL) is a leading developer and publisher of digital games on mobile and web platforms. We currently offer seven core games, including social casino gamesJackpot Party Casino,Gold Fish Casino,Hot Shot CasinoandQuick Hit Slots, and casual gamesMONOPOLY Slots,Bingo Showdown and 88Fortunes Slots. Our social casino games typically include slots-style game play and occasionally include table games-style game play, while our casual games blend slots-style or bingo game play with adventure game features. All of our games are offered and played on multiple platforms, including Apple, Google, Facebook and Amazon. In addition to our internally created games, our content library includes recognizable, real-world slot and table games content from Scientific Games Corporation. This content allows players who like playing land-based slot machines to enjoy some of those same titles in our free-to-play games. We have access to Scientific Games Corporation's library of more than 1,500 iconic casino titles, including titles and content from third-party licensed brands such asJAMES BOND,MONOPOLY,MICHAEL JACKSON,CHEERSandTHE GODFATHER. For more information, please visit https://www.sciplay.com, which isupdated regularlywithfinancialandotherinformationabouttheCompany. SOURCE SciPlay Corporation
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SciPlay to Report First Quarter 2021 Results on Monday, May 10, 2021
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PITTSBURGH, June 22, 2020 /PRNewswire/ --An inventor from Tolleson, Ariz., wanted to fulfill the need for a proposed wireless motion detection alert system to provide swimming pool owners with real-time alerts as to any intrusion into a pool area, or the pool itself. The ENTRY ALERT prevents unauthorized persons, or unsupervised children, from potentially drowning. It provides a practical approval to communicating alerts to pool owners whether they are at home or not. It also promotes peace of mind. Additionally, it could serve as a further enhancement to an existing home intrusion alarm system. "I have a smaller than average body type. Most bathing suit bottoms were too large even if they were an extra small. I discovered that if you ruffle them up they look more appealing and fit better," said the inventor.The original design was submitted to the Phoenix office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-PHO-2694. InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com. SOURCE InventHelp Related Links http://www.inventhelp.com
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InventHelp Presents a Proximity Alert System (PHO-2694)
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LOS ANGELES, Aug. 24, 2020 /PRNewswire/ --The first step towards changing a company's culture is admitting that there is a problem and allowing the dismantling of the systemic biases at their foundation. The leadership at FBE made the decision to do that difficult and transformative work as a company, and they have partnered with Women of Color Unite (WOCU) to guide the company on that journey. FBE announces partnership with Women of Color Unite (WOCU) Women of Color Unite (WOCU)is a social action organization and full-service consultancy that works with entertainment businesses to make sure their content and teams are truly inclusive, reflective of the country, and the world. In addition to conducting an eye-opening content audit and employee survey, WOCU Founder Cheryl Bedford personally embedded herself into the company day-to-day for over a month to really see and hear what was going on in order to diagnose the problems and then heal them. "This was an organic fit for Women of Color Unite," said Bedford. "Also, if they wanted WOCU as their DEI Firm, they were ready to do the hard work. I don't hold back. Holding back and centering around white feelings has led to this moment in time in the US. We were encouraged by the Millennial and Gen Z employees that make up 80% of the company. In their employee audit, they wanted to do the work and have been every damn day."All FBE employees have participated in multiple mandatory training workshops - aka "WOC-shops" (pronounced "woke-shops") over the course of several weeks. Facilitators included Bedford along with Fanshen Cox, Tatiana Lee, Diana Elizabeth Jordan, Nikki Bailey, Dr. Akosua Lesesne and Dr. Cheryl Grills. In addition to the company-wide training, a DEI (Diversity, Equity & Inclusion) Task Force made up of FBE staffers has been established to continue to build on the work initiated in the training sessions and hold everyone accountable to create and maintain a more positive and inclusive company culture. "This is a vital and, frankly, long overdue journey that we have begun as a company," said Marc Hustvedt, the CEO of FBE. "It starts with a deep examination of our culture and understanding where systemic bias, racism, and white superiority infects our everyday actions. We are still learning, and we have a lot of work ahead of us as we continue to take actions to be a truly inclusive culture for all."One of the transformations that has emerged from the partnership is a new mission statement for FBE: We are creatives on a mission to examine and celebrate global culture through colorful, fresh perspectives and honest human stories."We have a role in dismantling the systems of oppression both within our workplaces and in the work that we create," said Hustvedt. "For us, as a media company that creates entertainment for a large and diverse global audience, we know that our work is a big part of how we can impact change outside of our walls. We are challenging every assumption we ever made about our creative process and the kind of impactful content we want to create."About FBE:FBE is an award-winning multiplatform studio that produces 20 serialized shows for over 44 million subscribers. FBE programming earns 300+ million monthly unique views, is watched for 1.5 billion minutes each month and has over 13 billion lifetime video views. Beyond its globally popular React franchise, FBE develops digital and traditional formats along with interactive, branded and VR content. Nickelodeon, E!, truTV, eko, Facebook and YouTube Originals have all partnered with FBE to create stories for television. The team is comprised of over 70 full-time employees in its Burbank, CA headquarters. SOURCE FBE
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Culture Change: One Company's Journey FBE Announces Partnership with Women of Color Unite
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ATLANTA, April 2, 2020 /PRNewswire/ -- Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the year ended December 31, 2019. Business Update Successfully settled a total of three professional liability claims during the fourth quarter 2019 and the first quarter of 2020. Commenced a capital improvement plan for the Company's Ohio facilities. Management is encouraged by the early results and anticipates further increases in census, driving higher cash rents. Overall portfolio performance continues to stabilize and rent coverage begins to show improvement. When reviewing occupancy for the first quarter of 2020, census levels continue to remain stable in light of the ongoing COVID-19 pandemic. "We made further progress in stabilizing and improving the Company's property portfolio, as well as continued to settle additional professional liability claims," stated Brent Morrison, Regional's Chief Executive Officer. "The Company also continues to work closely with the Department of Housing and Urban Development for release of funds held in reserve to be used for renovations at the Company's facilities." Morrison continued, "Also, as described in our release dated March 24, 2020, and as we are all aware, the COVID-19 pandemic is rapidly evolving and we cannot predict the impact that COVID-19 will have on the Company at this time, but we applaud the efforts of our operators to keep their residents and employees safe. The extent to which COVID-19 could impact our business and results of operations will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the outbreak, new information that may emerge concerning the severity of COVID-19, and the actions taken to contain COVID-19 or treat its impact, among others." Management periodically monitors a number of facility performance metrics, including rent coverages both before and after management fees. In the fourth quarter of 2019, the Company's portfolio rent coverage before management fees was 1.5x and rent coverage after management fees was 1.2x. Occupancy and skilled mix for the Company's portfolio were 80.0% and 26.4% for the fourth quarter of 2019, respectively. These data exclude the impact of three managed facilities located in Ohio, five additional facilities located in Ohio and transitioned to a new operator on December 1, 2018, one facility located in North Carolina and transitioned to a new operator on March 1, 2019, one facility located in Oklahoma and sold on August 1, 2019, one facility located in Georgia and sold on August 1, 2019, one facility located in Alabama and sold on August 1, 2019, one facility located in Oklahoma and sold on August 28, 2019, and two facilities located in Georgia and transitioned to Omega in the first quarter of 2019. Summary of Financial Results for the Three and 12 Months Ended December 31, 2019 Total rental revenues in the fourth quarter of 2019 decreased 16.6% to $4.6 million, from $5.5 million in the fourth quarter of 2018. Total rental revenues for the 12 months ended December 31, 2019 decreased by 8.7% to $20.1 million, from $22.0 million for the twelve months ended December 31, 2018. The decrease is a result of four facilities sold during the third quarter of 2019 as well as two facilities transitioned to Omega in the first quarter of 2019. The Company generally recognizes all rental revenues on a straight-line rent accrual basis. General and administrative costs decreased 31.9%, to $641,000 for the three months ended December 31, 2019, compared with $941,000 for the same period in 2018. General and administrative costs for the 12 months ended December 31, 2019 decreased by 13.5%, to $3.2 million, compared with $3.7 million for the same period in 2018. For the 12 months ended December 31, 2019, and 2018, general and administrative costs include $92,000 and $176,000, respectively, of stock-based compensation expense. Interest expense decreased by $604,000, or 45.3%, to $730,000 for the fourth quarter of 2019 compared with $1.3 million for the same period in 2018. Interest expense for the 12 months ended December 31, 2019, decreased by $664,000, or 11.2%, to $5.3 million compared to $5.9 million for the same period in 2018. The decrease is mainly due to the payoff of the Pinecone and Congressional Bank loans during the current year. Income from discontinued operations, net of tax, for the fourth quarter of 2019 was $215,000 compared to income from discontinued operations, net of tax, of $316,000 for the prior year period. For the 12 months ended December 31, 2019, income from discontinued operations, net of tax, was $626,000 compared to income from discontinued operations of $74,000 for the prior year period. Net loss attributable to Regional Health Properties, Inc.'s common stockholders in the fourth quarter of 2019 was $1.5 million compared with a net loss of $3.9 million for the fourth quarter of 2018. For the 12 months ended December 31, 2019, the net loss attributable to Regional Health Properties, Inc.'s common stockholders was $3.5 million, inclusive of a $6.5 million pre-tax gain on the sale of assets in the third quarter, or $2.07 per basic and diluted share, compared with a net loss of $19.9 million, or $11.86 per basic and diluted share, in the prior year period. Cash at December 31, 2019, totaled $4.4 million compared with $2.4 million at December 31, 2018. Restricted cash at December 31, 2019, totaled $3.7 million compared to $4.1 million at December 31, 2018. Total debt outstanding at December 31, 2019 amounted to $55.4 million compared with $81.3 million at December 31, 2018 (net of $1.4 million and $1.5 million of deferred financing costs at December 31, 2019 and 2018, respectively). About Regional Health PropertiesRegional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA)is the successor to AdCare Health Systems, Inc., and is a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transactions. Regional currently owns, leases or manages for third parties 24 facilities (12 of which are owned by Regional, nine of which are leased by Regional and three of which are managed by Regional for third parties). For more information, visit www.regionalhealthproperties.com. Important Cautions Regarding Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "expects," "intends," "believes," "anticipates," "plans," "likely," "will," "seeks," "estimates" and variations of such words and similar expressions are intended to identify such forward-looking statements. Statements in this press release regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements. Forward-looking statements, by their nature, involve estimates, projections, goals, forecasts and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those projected or contemplated by our forward-looking statements due to various factors, including, among others: our dependence on the operating success of our operators; the significant amount of, and our ability to service, our indebtedness; covenants in our debt agreements that may restrict our ability to make investments, incur additional indebtedness and refinance indebtedness on favorable terms; the availability and cost of capital; our ability to raise capital through equity and debt financings or through the sale of assets; the effect of increasing healthcare regulation and enforcement on our operators and the dependence of our operators on reimbursement from governmental and other third-party payors; the relatively illiquid nature of real estate investments; the impact of litigation and rising insurance costs on the business of our operators; the impact on us of litigation relating to our prior operation of our healthcare properties; the effect of our operators declaring bankruptcy, becoming insolvent or failing to pay rent as due; the ability of any of our operators in bankruptcy to reject unexpired lease obligations and to impede our ability to collect unpaid rent or interest during the pendency of a bankruptcy proceeding and retain security deposits for the debtor's obligations; our ability to find replacement operators and the impact of unforeseen costs in acquiring new properties; and other factors discussed from time to time in our news releases, public statements and documents filed by us with the Securities and Exchange Commission from time to time, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These forward-looking statements and such risks, uncertainties and other factors speak only as of the date of this press release, and we expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein, to reflect any change in our expectations with regard thereto or any other change in events, conditions or circumstances on which any such statement is based, except to the extent otherwise required by applicable law. REGIONAL HEALTH PROPERTIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amounts in 000's) December 31, ASSETS 2019 2018 (Amounts in 000's) Property and equipment, net $ 54,672 $ 77,237 Cash 4,383 2,407 Restricted cash 3,655 4,079 Accounts receivable, net of allowance of $615 and $1,356 963 971 Prepaid expenses and other 249 546 Notes receivable 840 941 Intangible assets - bed licenses 2,471 2,471 Intangible assets - lease rights, net 462 906 Right-of-use operating lease assets 37,287 - Goodwill 1,585 2,105 Lease deposits and other deposits 517 402 Straight-line rent receivable 6,674 6,301 Assets of disposal group held for sale - 2,204 Total assets $ 113,758 $ 100,570 LIABILITIES AND EQUITY Senior debt, net $ 48,415 $ 73,945 Bonds, net 6,409 6,704 Other debt, net 539 664 Accounts payable 3,699 4,361 Accrued expenses 2,613 4,461 Operating lease obligation 39,262 - Other liabilities 1,078 2,793 Liabilities of disposal group held for sale - 1,491 Total liabilities 102,015 94,419 Stockholders' equity: Common stock and additional paid-in capital, no par value; 55,000 shares authorized; 1,688 shares issued and outstanding at December 31, 2019 and 2018 61,992 61,900 Preferred stock, no par value; 5,000 shares authorized; 2,812 shares issued and outstanding, redemption amount $70,288 at December 31, 2019 and 2018 62,423 62,423 Accumulated deficit (112,672) (118,172) Total stockholders' equity 11,743 6,151 Total liabilities and stockholders' equity $ 113,758 $ 100,570 REGIONAL HEALTH PROPERTIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in 000's, except per share data) Year Ended December 31, (Amounts in 000's) 2019 2018 Revenues: Rental revenues $ 19,043 $ 20,902 Management fees 995 949 Other revenues 96 195 Total revenues 20,134 22,046 Expenses: Facility rent expense 6,645 8,683 Cost of management fees 661 638 Depreciation and amortization 3,438 4,634 General and administrative expenses 3,192 3,692 (Recovery) provision for doubtful accounts (281) 4,132 Other operating expenses 1,017 1,059 Total expenses 14,672 22,838 Income (loss) from operations 5,462 (792) Other expense (income): Interest expense, net 5,265 5,929 Loss on extinguishment of debt 2,458 5,234 Gain on disposal of assets (7,141) - Other expense 6 52 Total other expense, net 588 11,215 Income (loss) from continuing operations before income taxes 4,874 (12,007) Income tax benefit - (38) Income (loss) from continuing operations 4,874 (11,969) Income from discontinued operations, net of tax 626 74 Net income (loss) 5,500 (11,895) Net income (loss) attributable to Regional Health Properties, Inc. 5,500 (11,895) Preferred stock dividends - undeclared (8,997) (7,985) Net loss attributable to Regional Health Properties, Inc. Common Stockholders $ (3,497) $ (19,880) Net loss (income) per share of common stock attributable to Regional Health Properties, Inc. Basic and diluted: Continuing operations, after current period undeclared dividend $ (2.44) $ (11.90) Discontinued operations 0.37 0.04 $ (2.07) $ (11.86) Weighted average shares of common stock outstanding: Basic and diluted 1,688 1,676 REGIONAL HEALTH PROPERTIES, INC. AND SUBSIDIARIES SUPPLEMENTAL OPERATING METRICS (1) Twelve Months Ended Twelve Months Ended Twelve Months Ended Twelve Months Ended Portfolio Operating Metrics (1) March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 Occupancy (%) 79.5% 80.2% 80.3% 80.0% Quality Mix (2) 26.4% 26.7% 26.6% 26.4% Rent Coverage Before Management Fees (3) 1.43 1.44 1.38 1.53 Rent Coverage After Management Fees (3) 1.08 1.09 1.04 1.19 (1) Excludes three managed facilities in Ohio, five buildings located in Ohio and transitioned on December 1, 2018, one facility located in North Carolina and transitioned on March 1, 2019, three facilities sold on August 1, 2019, and one facility sold on August 28, 2019, and two Georgia facilities transitioned to Omega in the first quarter of 2019. (2) Quality Mix refers to all payor types less Medicaid. (3) EBITDAR coverage and EBITDARM coverage include information provided by our tenants. The Company has not independently verifiedthis information, but have no reason to believe such information to be inaccurate in any material respect. SOURCE Regional Health Properties, Inc. Related Links http://www.regionalhealthproperties.com
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Regional Health Properties Reports Fourth Quarter and Full-Year 2019 Financial Results
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INCHEON, Korea--(BUSINESS WIRE)--Celltrion Group announced today interim results from the Phase I clinical trial of CT-P59, an anti-COVID-19 monoclonal antibody treatment candidate. The results showed a promising safety, tolerability and pharmacokinetics profile of CT-P59. The Phase I clinical trial is a randomised, double blind and placebo-controlled trial designed to evaluate the safety, tolerability and pharmacokinetics of CT-P59 in healthy subjects.1 The results demonstrated no significant drug-related adverse events (AEs), and importantly there were no adverse events from the maximum tolerated dose cohort. Along with these promising safety results, we have launched commercial production of CT-P59 this month to ensure, if trials are successful, we can meet the urgent global demand for a safe and effective antiviral treatment against COVID-19, said Dr. Sang Joon Lee, Senior Executive Vice President of Celltrion. Should we receive positive results from our series of ongoing clinical trials, we intend to request emergency use authorisation for our drug. Celltrion has initiated an in-human, global, Phase I clinical trial of CT-P59 in mild COVID-19 patients and plans to conduct further global Phase II and III trials in 500 patients from 12 countries including Korea. Celltrion anticipates the enrolment of a total of 3,000 patients including those involved in the prevention clinical trial, investigating the use of CT-P59 as a preventative treatment for COVID-19 in those in close contact with COVID-19 patients. The company anticipates the development of the anti-COVID-19 monoclonal antibody treatment candidate will be complete by the first half of 2021. - ENDS - Notes to Editors: About Celltrion Healthcare Celltrion Healthcare is committed to delivering innovative and affordable medications to promote patients access to advanced therapies. Its products are manufactured at state-of-the-art mammalian cell culture facilities, designed and built to comply with the US FDA cGMP and the EU GMP guidelines. Celltrion Healthcare endeavours to offer high-quality cost-effective solutions through an extensive global network that spans more than 110 different countries. For more information please visit: https://www.celltrionhealthcare.com/en-us About COVID-192,3 Coronaviruses (CoV) are a family of viruses that lead to illnesses from the common cold to severe diseases. Novel coronavirus SARS-CoV-2 is responsible for the disease COVID-19, this new strain, discovered in 2019, is behind the ongoing pandemic outbreak. The most common signs of COVID-19 include fever, dry cough and tiredness; however, people may also experience other symptoms including shortness of breath and breathing difficulties. Most people infected with the virus will exhibit mild to moderate symptoms however older people, and those with existing underlying conditions such as cardiovascular disease and diabetes are more likely to develop a more severe form of COVID-19. Please find up to date information about the outbreak via the World Health Organization at https://www.who.int/health-topics/coronavirus#tab=tab_1 About CT-P59 CT-P59 was identified as a potential treatment for COVID-19 through screening of antibody candidates and selecting those that showed the highest potency in neutralising the SARS-CoV-2 virus including the mutated G-variant strain (D614G variant). In pre-clinical data the treatment candidate demonstrated a 100-fold reduction in viral load of SARS-CoV-2, as well as a reduction in lung inflammation.4 References 1 ClinicalTrials.gov. A Phase 1, randomized, double-blind, placebo-controlled, parallel group, single ascending dose study to evaluate the safety, tolerability and pharmacokinetics of CT-P59 in healthy subjects. Available at: https://clinicaltrials.gov/ct2/show/NCT04525079?term=celltrion&cond=covid+19&cntry=KR&draw=2&rank=1 Last accessed: September 2020 2 Coronavirus. World Health Organization. Available at: https://www.who.int/health-topics/coronavirus#tab=tab_1 Last accessed: September 2020 3 Coronaviruses. National Institute of Allergy and Infectious Diseases. Available at: https://www.niaid.nih.gov/diseases-conditions/coronaviruses Last accessed: September 2020 4 Celltrion. Data on file
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Celltrion Announces Positive Interim Results From Phase I Trial of CT-P59, an Anti-COVID-19 Monoclonal Antibody Treatment Candidate CT-P59 demonstrated a reassuring safety profile in Celltrions Phase I trial The company anticipates enrolment of 500 patients from 12 countries for the global Phase II and III trials Celltrion has also launched commercial production of CT-P59 as part of the preparation process
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SCOTTSDALE, Ariz., Nov. 5, 2020 /PRNewswire/ -- Dear Shareholders, As 2020 enters the final stretch, Axon is on track to exit the year strong. We are pleased to report a surge in momentum in our business in the third quarter. We drove bookings[1] growth of 62% sequentially and 56% year over year, aided by robust North American demand for body cameras and cloud software, and a rebound in TASER demand driven by the US federal and corrections markets. High-margin annual recurring revenue topped $200 million, doubling in two years' time. And we are on track to exceed our original 2020 financial targets which is a testament to the mental toughness and dedication of our teams and the market's reception to our products that solve real problems. In February, we told investors that our strategic priorities in 2020 included continuing to execute in our core market, while expanding to new customer segments and accelerating our path-to-market in new product categories. We are pleased to be executing to plan, even amid the economic and logistical challenges presented by the pandemic. The following two areas of strength are the direct result of accelerated investments in the US federal law enforcement channel and the development of real-time command-and-control software for public safety. [1] Bookings represents the total expected revenue contribution of contracts signed in the quarter that have a five-year length or shorter. We further define this metric under "Statistical Definitions." U.S. federal customers generate $38 million in quarterly bookings We are thrilled to report rapid progress in the federal market. As a result of targeted investments in building direct relationships with federal customers, we achieved a record $38 million in bookings from federal customers in the third quarter, up 400% year over year. Our successes include the following new programs and contracts, many of which are firsts for Axon: We established our first two programs of record with the federal government, including a $13 million U.S. Customs and Border Protection order for body cameras and digital evidence management. A program of record is a key milestone because it specifies an appropriated line item in the US discretionary budget. Previously, Axon mainly leveraged distributors for sales into the federal government. We signed our first indefinite delivery, indefinite quantity (IDIQ) contract with a federal agency. This type of contract establishes product pricing along with a contract ceiling. We signed our first Officer Safety Plan contract with a federal agency. Officer Safety Plan is our integrated subscription bundle that includes TASER 7, Axon Body 3, and a host of cloud software features to empower an agency. This early achievement gives us confidence that the integrated subscription bundle that has proven popular with municipal law enforcement may also be valuable to the federal adjacency. We sold body cameras and digital evidence management for the first time to the Department of Defense. We have primarily communicated our bullishness regarding Axon's ability to sell to federal civilian law enforcement. Selling to the DoD further expands Axon's federal total addressable market. We signed our largest TASER contract in company history, valued at $15.5 million, within the Department of Homeland Security. We announced Axon Respond, our end-to-end platform to power real-time operations We introduced Axon Respond to the industry at our August user conference. Although we have talked generally with the investment community about our growing suite of dispatch and communications products, the launch of Respond represented our first formal communication to customers about the availability of "real-time operations" a broader vision for the category. We are now building a book of business for the platform, which comprises a modern cloud-based dispatch system, communications capabilities, real-time situational awareness through GPS-and-LTE-enabled body cameras, in-car cameras and drones, and integrated light bar and weapon deployment signals, giving everyone a real-time map of what is happening. It is accessible from any device, and is built to evolve, unlike legacy on-premises systems. The Respond platform is made up of several products that work together and are integrated with Axon's software suite, which includes digital evidence management and Axon Records. Our teams built this platform after conducting more than 1,000 hours of customer research, which uncovered several consistent problems with legacy 911 dispatching operations: Basic usability falls short of modern software design standards that most consumers take for granted, on-premise legacy systems are inherently less reliable than the modern cloud, and upgrades and performance improvements are complex and infrequent rather than seamless and ongoing. Delayed responses in 911 can be caused by delayed situational awareness a gap between an event occurring and the system of responders being able to react to the development. Also, officers often have to juggle a rat's nest of tools cobbled together from consumer applications, dispatching applications, texting and radio. We have a growing number of customers using components of Respond. And many agencies are using it regularly as part of their routine police work. In a recent survey of more than 200 users by TechValidate, 90% said that Respond has had a "positive" or "extremely" positive impact on officer safety. Respond is also driving situational awareness, efficiency of daily command operations, and improving relationships with communities. In the past month, more than 200 agencies have used Respond for Devices (previously referred to as Axon Aware), which is the GPS-enabled service that pairs with the Axon Body 3 camera. Customers include the Atlanta and Cincinnati police departments and Toronto Police Service. In addition, over the past six months, we have seen a 6x increase in usage of live-streaming with Respond for Devices. In April, Arizona's City of Maricopa Police Department moved over from a competitor and went live on Axon's cloud-based computer aided dispatch (CAD) solution to power their 911 incident response representing our first Dispatch customer. We are encouraged by the pipeline of additional Dispatch customers, as we aim to be first in the category in the coming years. International expansion continues: Recent milestones in our international expansion include the Toronto Police Service's deployment of Axon body cameras, the London Metropolitan Police's upgrade to Axon Body 3 cameras, government approval to sell TASER 7 in the UK, and the first major agency in Ukraine purchasing TASER devices. International revenue of $23 million in the quarter represented 15% year-over-year growth and reflected typical third quarter seasonality. Year-to-date international revenue is up 43%. "Deciding to go with an Axon body camera program was the best decision for Toronto Police Service because the cameras are just part of the bigger picture. The real value is within the digital evidence management solution, which will allow us to manage and share evidence with ease, speed and less costs." --Toronto Police Service Superintendent Michael Barsky "The National Police of Ukraine will start using TASER (devices) for its operations, which is a completely new tool for law enforcement agencies in our country. We have carefully studied the usage of these devices globally and believe that equipping our units with this innovative device will make them more effective in protecting the rule of law and civil order. We look forward to a long-term partnership with Axon and to truly harnessing the power of their network." --Deputy Minister of Internal Affairs of Ukraine, Mr. Anton Gerashchenko Environmental, Social & Governance (ESG) update Axon is a mission-driven company whose overarching goal is to protect life. Our vision is a world where bullets are obsolete, where social conflict is dramatically reduced, and where everyone has access to a fair and effective justice system. We continue to strengthen our focus on ESG. We see 100% of our revenues as generated by products and solutions that support the UN Sustainable Development Goals, particularly goals 5, 9, 11 and 16. These goals seek to achieve gender equality, build resilient infrastructure and foster innovation, promote safe living conditions in urban areas, reduce violence and death rates, promote the rule of law to ensure everyone equal access to justice, and develop effective, accountable and transparent institutions. Following the death of George Floyd and this summer's social unrest, Axon became one of the first companies to announce an action plan, including a commitment to help public safety agencies in their work to address systemic inequity, racism, and injustice. As part of this commitment, Axon added a new strategic goal to our mission to center racial equity, diversity, and inclusion. On October 28, we unveiled our first eight product features developed in direct support of this goal, which we built through a company-wide initiative called Sprint for Justice. The features focus on transparency, truth and officer development, and aim to reduce violence and social conflict. Importantly, they increase officer accountability with features such as automatically prioritizing body camera videos selected for random audits based on events such as unholstering a TASER device or spoken keywords from the AI-powered transcription of the audio, a use of force dashboard, virtual reality training to assist in handling high-stakes situations like peer intervention, and replay coaching to revisit body camera footage and promote ongoing learning and development. Summary of Q3 2020 results: Revenue of $166 million grew 27% year over year, with broad-based strength driven by demand for almost all product lines. Gross margin of 59.0% reflected a favorable product mix relative to our expectations. Shipments of low-to-no margin body camera hardware, which we previously communicated, had about 400 basis points of negative gross margin impact in the quarter. Operating expenses of $104 million included $26 million in stock-based compensation expense and $8.6 million in costs related to FTC litigation. (An update on the FTC litigation is below, under "Update on Legal Matters.") SG&A of $74 million included $19 million in stock-based compensation expense. R&D included $6 million in stock-based compensation expense. Although Axon recognized $17 million in expenses that were particularly related to our innovative stock-based compensation plans in the third quarter, no employees or executives have received shares, because no operational milestones have been achieved. Costs are recognized under these plans when future milestones are considered probable of achievement. For more details about these innovative stock-based compensation plans, which were approved by shareholders and align the interests of management and employees with shareholders, please see our online FAQ at investor.axon.com. GAAP EPS was ($0.01) based on a net loss of $1 million; and Non-GAAP EPS was $0.40. Quarterly Adjusted EBITDA grew 40% year over year. Adjusted EBITDA of $34 million represented a 20% margin on revenue. Cash and cash equivalents and investments totaled $628 million at September 30, 2020. Uses of cash in the third quarter included: $54 million to purchase a parcel of land in Scottsdale from the Arizona State Land Department at auction, on which we intend to construct our new manufacturing and office facility. We aim to consolidate five locations and bring more automation to future generations of product hardware. We require physical facilities for not only manufacturing, but also hardware R&D, testing laboratories, wireless calibration, quality testing, and a variety of other functions that require physical collaboration. This land investment provides long-term flexibility, optionality and stability for our physical plant operations, and supports Axon's growth and expansion plans for the next several decades. The acquired land is walking distance from Axon's current headquarters and manufacturing operations, giving us flexibility to migrate key manufacturing infrastructure over time, with the benefits of minimal business disruption and operational redundancy. $16 million tied to building up inventory, which helped us respond to strong product demand while preparing us to stagger factory work schedules due to COVID-19, and prepares us for large shipments in the coming weeks. As we first indicated in May, our elevated inventory build over the course of 2020 is a proactive approach to building safety stock in an effort to minimize shipping disruptions. We are committed to working through COVID-19 supply chain challenges as they arise to support our customers and deliver mission critical equipment. Finished goods inventory totaled $55 million at third quarter end, including TASER devices due for customer shipments in Q4 2020. $15 million increase in contract assets tied to selling long-term hardware subscriptions, which results in recognizing revenue when we deliver hardware to our customers ahead of invoicing for the full value of that hardware. Axon has zero debt. Financial commentary by segment: TASER THREEMONTHSENDED CHANGE 30 SEP 2020 30 JUN 2020 30 SEP 2019 QoQ YoY (inthousands) Net sales $ 84,406 $ 70,490 $ 71,743 19.7 % 17.7 % Gross margin 62.9 % 61.4 % 63.1 % 150 bp (20) bp TASER segment revenue of $84 million reflected robust demand for devices, cartridges, and officer training. Gross margin increased to 62.9% due to lower discounting and higher-margin training revenue. As higher percentages of our TASER units are sold in integrated bundles, we realize a lower gross margin on the TASER units upon shipment than selling stand-alone, but higher gross profit over the life of the subscription. As we note in the next section, the percentage of TASER units sold on a subscription bundle surged to 75% in the quarter, reflecting the value that customers see in our subscription bundles, and our efforts to evolve TASER from a book-and-ship hardware product to a subscription-based de-escalation platform that includes cloud software and training. Software& Sensors THREEMONTHSENDED CHANGE 30 SEP 2020 30 JUN 2020 30 SEP 2019 QoQ YoY (inthousands) Axon Cloud net sales $ 45,462 $ 41,891 $ 34,021 8.5 % 33.6 % Axon Cloud gross margin 77.1 % 77.9 % 75.8 % (80) bp 130 bp Sensors and Other net sales $ 36,574 $ 28,878 $ 25,073 26.7 % 45.9 % Sensors and Other gross margin 27.5 % 42.6 % 36.4 % (1,510) bp (890) bp Axon Cloud revenue grew 34% year over year and reflected strong domestic demand for our growing software suite. Axon Cloud gross margin of 77% includes some low-to-no margin professional services that support new installations for SaaS customers. The software-only revenue in this segment, which includes cloud storage and compute costs, has consistently carried a gross margin above 80%. Sensors & Other revenue grew 46% year over year on strong demand for Axon Body 3 cameras. Sensors & Other gross margin was 27.5%. As a reminder, we manage toward a 25% gross margin for camera and sensors hardware, and the gross margin will fluctuate quarter to quarter depending on the customer mix. In the third quarter, we shipped Axon Body 3 cameras at low-to-no margin to our largest customers. We expect Sensors & Other gross margin in Q4 2020 to be about flat with Q3 as we complete shipments to our largest customers. Forward-looking performance indicators: 30 SEP 2020 30JUN 2020 31MAR 2020 31DEC2019 30SEP2019 ($ inthousands) Annual recurring revenue (1) $ 203,815 $ 183,498 $ 173,919 $ 161,277 $ 141,540 Net revenue retention (2) 120 % 119 % 119 % 121 % * Total company future contracted revenue (2) $ 1,510,000 $ 1,340,000 $ 1,274,000 $ 1,230,000 $ 1,130,000 Percentage of TASER devices sold on a recurring payment plan 75 % 46 % 43 % 58 % 55 % _____________________ (1) Monthly recurring license, integration, warranty, and storage revenue annualized. (2) Refer to "Statistical Definitions" below. * Not disclosed. Annual Recurring Revenue ("ARR") grew 44% year over year to $204 million and we've doubled our ARR in two years from $102 million in Q3 2018. The record sequential ARR increase of $20 million reflects customer demand for our growing suite of software tools. Net revenue retention was 120% in the quarter, reflecting our ability to walk customers up the value chain over time and our de minimis annual churn rates. We drive adoption of our cloud software solutions through integrated bundling. We are seeing major cities upgrading their subscriptions at individual net dollar retention rates of 150% to 300% to take advantage of our growing suite of productivity and digital evidence management tools. Our agency customers often sign up for five to ten-year subscriptions. This SaaS metric purposely excludes the hardware portion of customer subscriptions. We further define this metric under "Statistical Definitions." Total company future contracted revenue grew to $1.51 billion. See definition of this metric under "Statistical Definitions." The percentage of TASER devices sold on a subscription rose to a record 75% in the quarter, reflecting the value that customers see in our integrated subscription bundles and our efforts to evolve TASER from a book-and-ship hardware product to a subscription-based de-escalation platform that includes cloud software and training. Outlook: The following forward-looking statements reflect Axon's expectations as of November 5, 2020, and are subject to uncertainty due to the COVID-19 pandemic. We are tracking to Q4 2020 revenue of $175 million to $185 million, which implies full-year revenue of $630 million to $640 million. The outperformance versus our original 2020 revenue expectation of $615 million to $625 million reflects strength across the business, as well as growing customer diversification, particularly in the US federal and international markets. We expect to see fourth quarter gross margins in line with the third quarter. We expect to achieve Adjusted EBITDA in Q4 2020 of $30 million to $35 million, which implies full year Adjusted EBITDA of about $122 million to $127 million. This outlook exceeds our original expectation of $100 million to $105 million and reflects revenue outperformance and related expense leverage, and travel and event cost savings of approximately $12 million. We provide Adjusted EBITDA guidance, rather than net income guidance, due to the inherent difficulty of forecasting certain types of expenses such as stock-based compensation and income tax expenses, which affect net income but do not affect Adjusted EBITDA. We are unable to reasonably estimate the impact of such expenses, if any, on net income. Accordingly, we do not provide a reconciliation of projected net income to projected Adjusted EBITDA. We expect stock-based compensation expense to be at least $107 million for the full year. However, as our stock-based compensation expense may increase significantly based on increases in the probability of attaining certain operational metrics and with acceleration in the expected timing of such attainment, it is inherently difficult to forecast future stock-based compensation expense. Earlier this year we shared our plans to invest in our channel, product and support infrastructure as we look to scale the business to $1 billion in revenue and beyond. These investments yielded results ahead of our expectations, as evidenced by our strengthened outlook for 2020. We intend to continue these types of investments in 2021. Our initial view of the business in 2021 includes $720 million to $750 million in revenue with $120 million to $130 million in Adjusted EBITDA. We are extremely proud of the high level of execution from our teams that has set us up for continued strength on the top-line and margin performance consistent with a COVID-normalized expense profile. The impact of COVID-19 remains fluid, although we believe we sell products that meet a critical need. Reductions in economic activity could bring renewed caution from police departments on budgeting. Similar to our communication in our August update, we are not seeing changes in buying activity due to police defunding concerns. We have seen some anecdotal acceleration of body camera buying decisions due to agencies wishing to provide transparency to their communities. Thank you for your engagement and investment in Axon. Signed, Rick Smith, CEOLuke Larson, PresidentJawad Ahsan, CFO Quarterly conference call and webcast We will host our Q3 2020 earnings conference call on Thursday, November 5 at 2p.m. PT / 5p.m. ET. The webcast will be available via a link on Axon's investor relations website at https://investor.axon.com (https://investor.axon.com/), or can be accessed directly via https://axon.zoom.us/j/93010191090. Statistical Definitions Bookings: We consider bookings to be a statistical measure defined as the sales price of orders (not invoiced sales), including contractual optional periods we expect to be exercised, net of cancellations, inclusive of renewals, placed in the relevant fiscal period, regardless of when the products or services ultimately will be provided, so long as they are expected to occur within five years. Most bookings will be invoiced in subsequent periods. Due to municipal government funding rules, in some cases certain of the future period amounts included in bookings are subject to budget appropriation or other contract cancellation clauses. Although we have entered into contracts for the delivery of products and services in the future and anticipate the contracts will be fulfilled, if agencies do not exercise contractual options, do not appropriate funds in future year budgets, or do enact a cancellation clause, revenue associated with these bookings may not ultimately be recognized, resulting in a future reduction to bookings. Bookings, as presented here, represent total company bookings inclusive of all products, and should not be confused with our historical reported measure of Software & Sensors bookings, which excluded TASER-related bookings. Certain customers sign contracts for time periods longer than five-years, which generates a larger-sized booking but the expected exercise amounts after the five-year period is not included in bookings, as described here, in order to facilitate comparisons between periods. Net revenue retention: Dollar-based net revenue retention is an important metric to measure our ability to retain and expand our relationships with existing customers. We calculate it as the software and camera warranty subscription and support revenue from a base set of agency customers from which we generated Axon Cloud subscription revenue in the last month of a quarter divided by the software and camera warranty subscription and support revenue from the year-ago month of that same customer base. This calculation includes high-margin warranty but purposely excludes the lower-margin hardware subscription contingent of the customer contracts, as it is meant to be a SaaS metric that we use to monitor the health of the recurring revenue business we are building. This calculation also excludes the implied monthly revenue contribution of customers that were added since the year-ago quarter, and therefore excludes the benefit of new customer acquisition. The metric includes customers, if any, that terminated during the annual period, and therefore, this metric is inclusive of customer churn. This metric is downwardly adjusted to account for the effect of phased deployments -- meaning that for the year-ago period, we consider the total contractually obligated implied monthly revenue amount, rather than monthly revenue amounts that might have been in actuality smaller on a GAAP basis due to the customer not having yet fully deployed their Axon solution. For more information relative to our revenue recognition policies, please reference our SEC filings. Total company future contracted revenue: Total company future contracted revenue includes both recognized contract liabilities as well as amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under Topic 606 as of September 30, 2020. We expect to recognize between 20% - 25% of this balance over the next twelve months, and generally expect the remainder to be recognized over the following five to seven years, subject to risks related to delayed deployments, budget appropriation or other contract cancellation clauses. Non-GAAP Measures To supplement the Company's financial results presented in accordance with GAAP, we present the non-GAAP financial measures of EBITDA, Adjusted EBITDA, Non-GAAP Net Income, Non-GAAP Diluted Earnings Per Share and Free Cash Flow. The Company's management uses these non-GAAP financial measures in evaluating the Company's performance in comparison to prior periods. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance, and when planning and forecasting our future periods. A reconciliation of GAAP to the non-GAAP financial measures is presented herein. EBITDA (Most comparable GAAP Measure: Net income) - Earnings before interest expense, investment interest income, income taxes, depreciation and amortization. Adjusted EBITDA (Most comparable GAAP Measure: Net income) - Earnings before interest expense, investment interest income, income taxes, depreciation, amortization, non-cash stock-based compensation expense and pre-tax certain other items (described below). Non-GAAP Net Income (Most comparable GAAP Measure: Net income) - Net income excluding the costs of non-cash stock-based compensation and excluding pre-tax certain other items, including, but not limited to, net gain/loss/write-down/disposal/abandonment of property, equipment and intangible assets; loss on impairment; costs related to business acquisitions and investments in unconsolidated affiliates; and costs related to the FTC litigation. The Company tax-effects non-GAAP adjustments using the blended statutory federal and state tax rates for each period presented. Non-GAAP Diluted Earnings Per Share (Most comparable GAAP Measure: Earnings Per share) - Measure of Company's Non-GAAP Net Income divided by the weighted average number of diluted common shares outstanding during the period presented. Free Cash Flow (Most comparable GAAP Measure: Cash flow from operating activities) - cash flows provided by operating activities minus purchases of property and equipment, intangible assets and cash flows related to business acquisitions and other equity investments. Caution on Use of Non-GAAP Measures Although these non-GAAP financial measures are not consistent with GAAP, management believes investors will benefit by referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, management recognizes that: these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's GAAP financial measures; these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's GAAP financial measures; these non-GAAP financial measures should not be considered to be superior to the Company's GAAP financial measures; and these non-GAAP financial measures were not prepared in accordance with GAAP or under a comprehensive set of rules or principles. Further, these non-GAAP financial measures may be unique to the Company, as they may be different from similarly titled non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies. About Axon Axon is the global leader in connected public safety technologies. We area mission-driven company whose overarching goal is to protect life. Our vision is a world where bullets are obsolete, where social conflict is dramatically reduced, where everyone has access to a fair and effective justice system and where racial equity, diversity and inclusion is centered in all of our work. Axon is also a leading provider of body cameras for US law enforcement, providing more transparency and accountability to communities than ever before. You may learn about our Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) efforts by reading our ESG disclosure at investor.axon.com. We work hard for those who put themselves in harm's way for all of us. More than 236,000 lives and countless dollars have been saved with the Axon network of devices, apps and people. Learn more at www.axon.com or by calling (800) 978-2737. Axon is a global company with headquarters in Scottsdale, Ariz., and a global software engineering hub in Seattle, Wash., as well as additional offices in the US, Australia, Canada, Finland, Vietnam, the UK and the Netherlands. Facebook is a trademark of Facebook, Inc.; LTE is a trademark of the European Telecommunications Standards Institute; TechValidate is a trademark of Surveymonkey, Inc.; Twitter is a trademark of Twitter, Inc. and Zoom is a trademark of Zoom Video Communications, Inc. Axon, TASER, TASER 7, Protect Life and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. 2020 Axon Enterprise, Inc. All rights reserved. Follow Axon here: Axon on Twitter: https://twitter.com/axon_us Axon on Facebook: https://www.facebook.com/Axon.ProtectLife/ Forward-looking statements Forward-looking statements in this letter include, without limitation, statements regarding: the impact of the COVID-19 pandemic; proposed products and services and related development efforts and activities; expectations about the market for our current and future products and services; strategies and trends relating to subscription plan programs and revenues; strategies and trends, including the benefits of, research and development investments; the timing and realization of future contracted revenue; expectations about customer behavior; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance, including our outlook for fourth quarter 2020 revenue, gross margin, adjusted EBITDA, and stock-based compensation expense, and full year 2021 revenue; statements of management's strategies, goals and objectives and other similar expressions; as well as the ultimate resolution of financial statement items requiring critical accounting estimates,including those set forth in our Form 10K for the year ended December 31, 2019. Such statements give our current expectations or forecasts of future events; they do not relate strictly to historical or current facts. Words such as "may," "will," "should," "could," "would," "predict," "potential," "continue," "expect," "anticipate," "future," "intend," "plan," "believe," "estimate," and similar expressions, as well as statements in future tense, identify forward-looking statements. However, not all forward-looking statements contain these identifying words. We cannot guarantee that any forward-looking statement will be realized, although we believe we have been prudent in our plans and assumptions. Achievement of future results is subject to risks, uncertainties and potentially inaccurate assumptions. The following important factors could cause actual results to differ materially from those in the forward-looking statements: the potential global impacts of the COVID-19 pandemic; our exposure to cancellations of government contracts due to appropriation clauses, exercise of a cancellation clause, or non-exercise of contractually optional periods; our ability to design, introduce and sell new products or features; our ability to defend against litigation and protect our intellectual property, and the resulting costs of this activity; our ability to manage our supply chain and avoid production delays, shortages, and impacts to expected gross margins; the impact of stock compensation expense, impairment expense, and income tax expense on our financial results; customer purchase behavior, including adoption of our software as a service delivery model; negative media publicity regarding our products; the impact of product mix on projected gross margins; defects in our products; changes in the costs of product components and labor; loss of customer data, a breach of security, or an extended outage, including our reliance on third party cloud-based storage providers; exposure to international operational risks; delayed cash collections and possible credit losses due to our subscription model; changes in government regulations in the U.S. and in foreign markets, especially related to the classification of our products by the United States Bureau of Alcohol, Tobacco, Firearms and Explosives and to evolving regulations surrounding privacy and data protection; our ability to integrate acquired businesses; our ability to attract and retain key personnel; and counter-party risks relating to cash balances held in excess of FDIC insurance limits. Many events beyond our control may determine whether results we anticipate will be achieved. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements. Our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q list various important factors that could cause actual results to differ materially from expected and historical results. These factors are intended as cautionary statements for investors within the meaning of Section 21E of the Exchange Act and Section 27A of the Securities Act. Readers can find them under the heading "Risk Factors" in the Annual Report on Form 10-K and in the Quarterly Reports on Form 10-Q, and investors should refer to them. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties. Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our Form 10-Q, 8-K and 10-K reports to the SEC. Update on Legal Matters: Axon v. FTC Axon continues to both vigorously prosecute its Federal court case against the FTC and defend the FTC's separate administrative action against the company. The FTC's administrative hearing that was scheduled to begin on October 13, 2020 has been put on temporary hold by the Federal court of appeals. As background, Axon's Federal court constitutional challenge against the FTC was dismissed in April, without prejudice, for lack of jurisdiction, holding that Axon must first bring its claims through the FTC's administrative process. Axon appealed that ruling to the Ninth Circuit Court of Appeals (No. 20-15662), which granted expedited consideration and held oral argument on July 17, 2020. On October 2, 2020, the Ninth Circuit stayed the FTC administrative hearing to preserve the status quo pending its ruling on Axon's appeal on the merits. Copies of Axon's Federal court filings, including its most recent appellate brief, can be found on Axon's FTC Investor Briefing page at https://www.axon.com/ftc. As a reminder, in parallel to these matters Axon is evaluating strategic alternatives to litigation, which Axon might pursue if determined to be in the best interests of shareholders and customers. This could include a divestiture of the Vievu entity and/or related assets. While Axon continues to believe the acquisition of Vievu in 2018 was lawful and a benefit to Vievu's customers, the cost, risk and distraction of protracted litigation merit consideration of settlement if achievable on terms agreeable to the FTC and Axon. For investor relations information please contact Andrea James via email at [emailprotected]. AXON ENTERPRISE,INC. CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (in thousands, except per share data) THREEMONTHSENDED NINEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 30 SEP 2020 30 SEP 2019 Net sales from products $ 120,091 $ 98,755 $ 96,497 $ 326,134 $ 264,977 Net sales from services 46,351 42,504 34,340 128,729 94,032 Net sales 166,442 141,259 130,837 454,863 359,009 Cost of product sales 57,798 43,825 42,445 150,507 120,265 Cost of service sales 10,404 9,257 8,223 29,331 24,098 Cost of sales 68,202 53,082 50,668 179,838 144,363 Gross margin 98,240 88,177 80,169 275,025 214,646 Operating expenses: Sales, general and administrative 74,443 72,293 48,424 209,763 134,678 Research and development 29,246 29,560 25,129 85,187 71,976 Total operating expenses 103,689 101,853 73,553 294,950 206,654 Income (loss) from operations (5,449) (13,676) 6,616 (19,925) 7,992 Interest and other income, net 2,040 1,613 1,820 4,594 5,978 Income (loss) before provision for income taxes (3,409) (12,063) 8,436 (15,331) 13,970 Provision for (benefit from) income taxes (2,536) 18,696 2,332 12,227 709 Net income (loss) $ (873) $ (30,759) $ 6,104 $ (27,558) $ 13,261 Net income (loss) per common and common equivalent shares: Basic $ (0.01) $ (0.51) $ 0.10 $ (0.45) $ 0.22 Diluted $ (0.01) $ (0.51) $ 0.10 $ (0.45) $ 0.22 Weighted average number of common and common equivalent shares outstanding: Basic 63,496 60,346 59,278 61,159 59,128 Diluted 63,496 60,346 60,059 61,159 59,938 AXON ENTERPRISE,INC. SEGMENT REPORTING (Unaudited) (dollars in thousands) THREEMONTHSENDED THREEMONTHSENDED THREEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 Software Software Software and and and TASER Sensors Total TASER Sensors Total TASER Sensors Total Net sales from products (1) $ 83,517 $ 36,574 $ 120,091 $ 69,877 $ 28,878 $ 98,755 $ 71,424 $ 25,073 $ 96,497 Net sales from services (2) 889 45,462 46,351 613 41,891 42,504 319 34,021 34,340 Net sales 84,406 82,036 166,442 70,490 70,769 141,259 71,743 59,094 130,837 Cost of product sales 31,297 26,501 57,798 27,242 16,583 43,825 26,504 15,941 42,445 Cost of service sales 10,404 10,404 9,257 9,257 8,223 8,223 Cost of sales 31,297 36,905 68,202 27,242 25,840 53,082 26,504 24,164 50,668 Gross margin 53,109 45,131 98,240 43,248 44,929 88,177 45,239 34,930 80,169 Gross margin % 62.9 % 55.0 % 59.0 % 61.4 % 63.5 % 62.4 % 63.1 % 59.1 % 61.3 % Research and development 3,355 25,891 29,246 3,762 25,798 29,560 3,485 21,644 25,129 NINEMONTHSENDED NINEMONTHSENDED 30 SEP 2020 30 SEP 2019 Software Software and and TASER Sensors Total TASER Sensors Total Net sales from products (1) $ 228,569 $ 97,565 $ 326,134 $ 197,148 $ 67,829 $ 264,977 Net sales from services (2) 2,222 126,507 128,729 558 93,474 94,032 Net sales 230,791 224,072 454,863 197,706 161,303 359,009 Cost of product sales 88,787 61,720 150,507 74,044 46,221 120,265 Cost of service sales 29,331 29,331 24,098 24,098 Cost of sales 88,787 91,051 179,838 74,044 70,319 144,363 Gross margin 142,004 133,021 275,025 123,662 90,984 214,646 Gross margin % 61.5 % 59.4 % 60.5 % 62.5 % 56.4 % 59.8 % Research and development 10,149 75,038 85,187 10,284 61,692 71,976 ______________________ (1) Software and Sensors "products" revenue consists of sensors, including on-officer body cameras, Axon Fleet cameras, other hardware sensors, warranties on sensors, and other products, and is sometimes referred to as Sensors and Other revenue. (2) Software and Sensors "services" revenue comprises sales related to the Axon Cloud, which includes Axon Evidence, cloud-based evidence management software revenue, other recurring cloud-hosted software revenue and related professional services, and is sometimes referred to as Axon Cloud revenue. AXON ENTERPRISE,INC. UNIT SALES STATISTICS (Unaudited) Units in whole numbers THREEMONTHSENDED NINEMONTHSENDED 30 SEP 30 SEP Unit Percent 30 SEP 30 SEP Unit Percent 2020 2019 Change Change 2020 2019 Change Change TASER 7 15,908 17,674 (1,766) (10.0) % 36,352 34,644 1,708 4.9 % TASER X26P 8,119 10,766 (2,647) (24.6) 26,780 35,244 (8,464) (24.0) TASER X2 10,078 9,819 259 2.6 33,656 29,439 4,217 14.3 TASER Pulse 12,811 3,923 8,888 226.6 21,501 8,807 12,694 144.1 Cartridges 852,980 566,347 286,633 50.6 2,441,612 1,789,084 652,528 36.5 Axon Body 62,873 22,037 40,836 185.3 137,803 68,231 69,572 102.0 Axon Flex 3,175 5,409 (2,234) (41.3) 8,213 12,508 (4,295) (34.3) Axon Fleet 2,396 2,967 (571) (19.2) 7,399 7,143 256 3.6 Axon Dock 9,165 3,724 5,441 146.1 19,096 12,126 6,970 57.5 AXON ENTERPRISE,INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited) Dollars in thousands THREE MONTHS ENDED NINEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 30 SEP 2020 30 SEP 2019 EBITDA and Adjusted EBITDA: Net income (loss) $ (873) $ (30,759) $ 6,104 $ (27,558) $ 13,261 Depreciation and amortization 3,133 2,930 2,709 8,944 8,196 Interest expense 32 5 4 44 27 Investment interest income (965) (1,499) (1,647) (3,157) (5,280) Provision for (benefit from) income taxes (2,536) 18,696 2,332 12,227 709 EBITDA $ (1,209) $ (10,627) $ 9,502 $ (9,500) $ 16,913 Adjustments: Stock-based compensation expense $ 26,094 $ 33,835 $ 13,663 $ 80,124 $ 30,195 Transaction costs related to investment in unconsolidated affiliate 90 923 Loss on disposal and abandonment of intangible assets 139 100 33 252 51 Loss on disposal and impairment of property and equipment, net 124 788 845 1,429 2,408 Costs related to FTC litigation 8,573 3,834 18,542 Adjusted EBITDA $ 33,721 $ 28,020 $ 24,043 $ 91,770 $ 49,567 Net income (loss) as apercentage of net sales (0.5) % (21.8) % 4.7 % (6.1) % 3.7 % Adjusted EBITDA as apercentage of net sales 20.3 % 19.8 % 18.4 % 20.2 % 13.8 % Stock-based compensation expense: Cost of product and service sales $ 744 $ 836 $ 312 $ 2,170 $ 775 Sales, general and administrative 19,117 26,766 9,508 60,853 19,130 Research and development 6,233 6,233 3,843 17,101 10,290 Total $ 26,094 $ 33,835 $ 13,663 $ 80,124 $ 30,195 AXON ENTERPRISE,INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES- continued (Unaudited) Dollars in thousands THREE MONTHS ENDED NINEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 30 SEP 2020 30 SEP 2019 Non-GAAP net income: GAAP net income (loss) $ (873) $ (30,759) $ 6,104 $ (27,558) $ 13,261 Non-GAAP adjustments: Stock-based compensation expense 26,094 33,835 13,663 80,124 30,195 Loss on disposal and abandonment of intangible assets 139 100 33 252 51 Loss on disposal and impairment of property and equipment, net 124 788 845 1,429 2,408 Transaction costs related to investment in unconsolidated affiliate 90 923 Costs related to FTC litigation 8,573 3,834 18,542 Income tax effects (8,618) (8,530) (3,654) (24,984) (8,205) Non-GAAP net income (loss) $ 25,439 $ (642) $ 16,991 $ 48,728 $ 37,710 THREE MONTHS ENDED NINEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 30 SEP 2020 30 SEP 2019 Non-GAAP diluted earnings (loss) per share: GAAP diluted earnings (loss) per share $ (0.01) $ (0.51) $ 0.10 $ (0.45) $ 0.22 Non-GAAP adjustments: Stock-based compensation expense 0.41 0.56 0.23 1.30 0.50 Loss on disposal and abandonment of intangible assets 0.00 0.00 0.00 0.00 0.00 Loss on disposal and impairment of property and equipment, net 0.00 0.01 0.01 0.02 0.04 Transaction costs related to investment in unconsolidated affiliate - 0.00 - 0.01 - Costs related to FTC litigation 0.13 0.06 - 0.30 - Income tax effects (0.13) (0.14) (0.06) (0.40) (0.14) Non-GAAP diluted earnings (loss) per share (1) $ 0.40 $ (0.01) $ 0.28 $ 0.79 $ 0.63 Weighted average number of diluted common andcommon equivalent shares outstanding (in thousands) 64,087 60,346 60,059 61,818 59,938 ________________ (1) The per share calculations for GAAP net income, Non-GAAP adjustments and Non-GAAP diluted earnings per share are each computed independently. Per share amounts may not sum due to rounding. AXON ENTERPRISE,INC. CONSOLIDATED BALANCE SHEETS (in thousands) 30 SEP 2020 31DEC2019 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 176,000 $ 172,250 Short-term investments 330,914 178,534 Accounts and notes receivable, net 172,803 146,878 Contract assets, net 63,105 38,102 Inventory, net 97,610 38,845 Prepaid expenses and other current assets 35,421 34,866 Total current assets 875,853 609,475 Property and equipment, net 102,718 43,770 Deferred tax assets, net 39,773 27,688 Intangible assets, net 10,260 12,771 Goodwill 25,012 25,013 Long-term investments 120,615 45,499 Long-term notes receivable, net of current portion 22,611 31,598 Long-term contract assets, net 15,019 9,644 Other assets 67,288 40,181 Total assets $ 1,279,149 $ 845,639 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable 22,441 25,874 Accrued liabilities 74,114 45,001 Current portion of deferred revenue 154,731 117,864 Customer deposits 2,132 2,974 Other current liabilities 5,137 3,853 Total current liabilities 258,555 195,566 Deferred revenue, net of current portion 87,733 87,936 Liability for unrecognized tax benefits 4,406 3,832 Long-term deferred compensation 4,150 3,936 Deferred tax liability 560 354 Other long-term liabilities 28,592 10,520 Total liabilities 383,996 302,144 Stockholders' Equity: Preferred stock Common stock 1 1 Additional paid-in capital 908,584 528,272 Treasury stock (155,947) (155,947) Retained earnings 144,067 172,265 Accumulated other comprehensive loss (1,552) (1,096) Total stockholders' equity 895,153 543,495 Total liabilities and stockholders' equity $ 1,279,149 $ 845,639 AXON ENTERPRISE,INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) THREE MONTHS ENDED NINEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 30 SEP 2020 30 SEP 2019 Cash flows from operating activities: Net income (loss) $ (873) $ (30,759) $ 6,104 $ (27,558) $ 13,261 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 3,133 2,930 2,709 8,944 8,196 Loss on disposal and abandonment of intangible assets 139 100 33 252 51 Loss on disposal and impairment of property and equipment, net 124 788 845 1,429 2,408 Stock-based compensation 26,094 33,835 13,663 80,124 30,195 Deferred income taxes (5,518) (4,604) (2,635) (11,670) (3,946) Unrecognized tax benefits (39) 271 (19) 573 594 Other noncash, net 1,977 1,440 1,101 4,573 2,923 Provision for expected credit losses 118 (244) 776 Change in assets and liabilities: Accounts and notes receivable and contract assets (39,176) 325 (19,491) (48,551) (30,497) Inventory (16,100) (34,641) 1,213 (59,371) (6,302) Prepaid expenses and other assets 3,729 (10,828) (6,206) (4,822) (11,967) Accounts payable, accrued liabilities and other liabilities 8,657 20,270 3,224 25,365 (13,528) Deferred revenue 28,875 725 21,899 34,099 28,476 Net cash provided by (used in) operating activities 11,140 (20,392) 22,440 4,163 19,864 Cash flows from investing activities: Purchases of investments (224,090) (193,085) (100,701) (516,687) (242,693) Proceeds from call / maturity of investments 128,529 74,355 66,888 287,199 92,207 Purchases of property and equipment (58,472) (5,342) (4,250) (66,023) (12,111) Purchases of intangible assets (66) (66) 16 (177) (328) Proceeds of disposal from property and equipment 16 94 Investment in unconsolidated affiliate (4,700) Net cash used in investing activities (154,083) (124,138) (38,047) (300,294) (162,925) Cash flows from financing activities: Net proceeds from equity offering 306,779 306,779 Proceeds from options exercised 267 2 295 106 Income and payroll tax payments for net-settled stock awards (1,119) (577) (1,136) (6,886) (3,268) Net cash provided by (used in) financing activities (1,119) 306,469 (1,134) 300,188 (3,162) Effect of exchange rate changes on cash and cash equivalents 812 775 (426) (303) (678) Net increase (decrease) in cash and cash equivalents and restricted cash (143,250) 162,714 (17,167) 3,754 (146,901) Cash and cash equivalents, beginning of period 319,359 156,645 221,293 172,355 351,027 Cash and cash equivalents, end of period $ 176,109 $ 319,359 $ 204,126 $ 176,109 $ 204,126 AXON ENTERPRISE,INC. SELECTED CASH FLOW INFORMATION (Unaudited) (in thousands) THREE MONTHS ENDED NINEMONTHSENDED 30 SEP 2020 30 JUN 2020 30 SEP 2019 30 SEP 2020 30 SEP 2019 Net cash provided by (used in) operating activities $ 11,140 $ (20,392) $ 22,440 $ 4,163 $ 19,864 Purchases of property and equipment (58,472) (5,342) (4,250) (66,023) (12,111) Purchases of intangible assets (66) (66) 16 (177) (328) Investment in unconsolidated affiliate (4,700) Free cash flow, a non-GAAP measure $ (47,398) $ (25,800) $ 18,206 $ (66,737) $ 7,425 AXON ENTERPRISE,INC. SUPPLEMENTAL TABLES (in thousands) 30 SEP 2020 31DEC2019 (Unaudited) Cash and cash equivalents $ 176,000 $ 172,250 Short-term investments 330,914 178,534 Long-term investments 120,615 45,499 Total cash and cash equivalents and investments, net $ 627,529 $ 396,283 CONTACT:Investor RelationsAxon Enterprise,Inc.[emailprotected] SOURCE Axon
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Axon Reports Q3 2020 Revenue Growth of 27%, ARR Tops $200 million, Up 44% Surge in Total Bookings, Up 56%YOY, Federal Bookings Up 400% YOY
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AMSTERDAM--(BUSINESS WIRE)--Regulatory News: This is a joint press release by Altice Europe N.V. ("Altice Europe") and Next Private B.V. (the "Offeror"), a direct subsidiary of Next Alt S. r.l. ("Next Alt") which is owned and controlled by Mr. Patrick Drahi, the founder of Altice Europe, pursuant to the provisions of Article 4 paragraph 3, Article 13, paragraphs 1 and 2 and Article 15, Paragraph 4 of the Dutch Decree on Public Takeover Bids (Besluit openbare biedingen Wft) (the "Decree") in connection with the public offer by the Offeror for all issued and outstanding common shares A and common shares B in the capital of Altice Europe (the "Offer"). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. Any offer will be made only by means of the offer memorandum dated 24 November 2020 (the "Offer Memorandum"). This press release is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, any jurisdiction in which such release, publication or distribution would be unlawful. Terms not defined in this press release will have the meaning as set forth in the Offer Memorandum. Reference is made to (i) the joint press release by the Offeror and Altice Europe dated 24 November 2020 regarding the publication of the Offer Memorandum for the public offer by the Offeror for all issued and outstanding common shares A and common shares B in the share capital of Altice Europe (the "Listed Shares") at an offer price of EUR 4.11 in cash per Listed Share (cum dividend) and (ii) the Offer Memorandum. Offeror increases Offer Price to EUR 5.35 in cash (cum dividend) The Offeror hereby increases the Offer Price from EUR 4.11 (cum dividend) to EUR 5.35 (cum dividend) in cash (the "Increased Offer Price") for each Listed Share. The Increased Offer Price represents: The consideration for Listed Shares already tendered under the Offer will, if the Offer is declared unconditional, also amount to the Increased Offer Price. All other terms of the Offer remain the same as announced on 24 November 2020 and as set out in the Offer Memorandum. The Offeror shall fund the Increased Offer Price through third-party debt financing and, to the extent necessary, equity financing. As such, the Offeror has (i) received a binding equity commitment letter from Next Alt and (ii) entered into binding credit documentation with third parties, which in each case subject to the customary terms and conditions therein provide for funding in an aggregate amount that provides the Offeror sufficient funds for (i) the acquisition of Listed Shares tendered under the Offer, (ii) the cash component of the purchase price in the Share Sale or Asset Sale and (iii) the payment of fees, costs and expenses in relation to the Transaction. The Offeror has no reason to believe that any such conditions will not be fulfilled on or prior to the Settlement Date. Boussard & Gavaudan, Diameter, Elliott, LB Partners, Lucerne, Sessa, Sheffield and Winterbrook commit to tender their Listed Shares into the Offer Investment funds managed by Boussard & Gavaudan Partners Limited ("Boussard & Gavaudan"), investment funds managed by Diameter Capital Partners L.P. ("Diameter"), Elliott Associates, L.P., Elliott International, L.P. and The Liverpool Limited Partnership (together "Elliott"), LB Day Zero Partners L.P. ("LB Partners"), The Lucerne Capital Master Fund, LP, The Lucerne Focus Fund I, LP and The Lucerne Capital Special Opportunity Fund, LTD (together "Lucerne"), Sessa Capital (Master), L.P. and Sessa Capital Special Opportunity Fund II, L.P. (together "Sessa"), Sheffield Holdco L.P. ("Sheffield") and Winterbrook Global Opportunities Fund ("Winterbrook", and together with Boussard & Gavaudan, Diameter, Elliott, LB Partners, Lucerne, Sessa and Sheffield, the "Funds"), together holding 109,063,224 Listed Shares (representing approximately 9.1% of the total number of outstanding Listed Shares), have entered into irrevocable undertakings with the Offeror to tender all Listed Shares held, or directly or indirectly acquired by them prior to the Closing Time, into the Offer under the same terms and conditions as the other Shareholders. The Funds have also committed to cause their Listed Shares to be voted in favour of the voting items currently proposed for adoption at the Company EGM. These undertakings terminate upon the Offer being terminated as a result of one of the Offer Conditions not having been satisfied or waived or, at the election of the relevant Fund, if Settlement has not taken place before 16 April 2021. The Funds did not receive any information relevant for a Shareholder in connection with the Offer that is not included in the Offer Memorandum or this press release. The Offeror and each of Boussard & Gavaudan, Elliott, LB Partners, Sessa, Sheffield and Winterbrook (the "Option Funds"), together holding 72,035,543 Listed Shares (of which 817,460 common shares B), have furthermore agreed that if the Offer is terminated, (i) each of the Option Funds will in certain circumstances have the right to sell their Listed Shares to the Offeror at the Increased Offer Price (put option) and (ii) the Offeror will in certain other circumstances have the right to require any of the Option Funds to sell their Listed Shares to the Offeror at the Increased Offer Price (or, if applicable, a further increased Offer Price) (call option), subject to a price adjustment if within 12 months after the exercise of a call option certain transactions in Listed Shares are agreed or effected by the Offeror or certain related parties at a higher price per Listed Share. Any put or call option can only be exercised within 30 Business Days following the termination of the Offer. Pending Enterprise Chamber proceedings will be withdrawn today As announced by Altice Europe on 7 December 2020, proceedings have been initiated against Altice Europe before the Enterprise Chamber of the Amsterdam Court of Appeals (the "Enterprise Chamber"). A petition was submitted by Lucerne and another petition by Sessa, LB Partners, Sheffield and Winterbrook. All these Funds will withdraw the pending Enterprise Chamber proceedings today. Winterbrook will also withdraw the discovery proceedings it initiated in the US. Non-conflicted board members continue to fully support and recommend the Offer The Board has taken note of the increase of the Offer Price and welcomes the withdrawal of the litigation and the commitments by the Funds to tender their Listed Shares into the Offer and to vote their Listed Shares in favour of the voting items currently proposed for adoption at the Company EGM, which brings the take private and delisting of Altice Europe a step closer. The Board continues to unanimously support the Transaction, recommend to the Shareholders to accept the Offer and to tender their Listed Shares pursuant to the Offer and recommend Altice Europe's shareholders to vote in favour of the resolutions relating to the Transaction at the Company EGM, which will be held on 7 January 2021 at 11:00 hours CET. Announcements and Timetable Any further announcements in relation to the Offer, including whether or not the Offeror declares the Offer unconditional and announcements in relation to an extension of the Offer Period, if any, will be made by press release. Any joint press release issued by the Offeror and Altice Europe will be made available on the website of Altice Europe (www.altice.net) and the Offeror (www.nextprivate.net). Any press release issued by the Offeror will be made available on the website of the Offeror (www.nextprivate.net). The indicative timetable for the Offer remains as announced on 24 November 2020. About Altice Europe Altice Europe (ATC & ATCB), listed on Euronext Amsterdam, is a convergent leader in telecoms, content, media, entertainment and advertising. Altice Europe delivers innovative, customer-centric products and solutions that connect and unlock the limitless potential of its over 30 million customers over fibre networks and mobile broadband. Altice Europe is also a provider of enterprise digital solutions to millions of business customers. Altice Europe innovates with technology, research and development and enables people to live out their passions by providing original content, high-quality and compelling TV shows, and international, national and local news channels. Altice Europe delivers live broadcast premium sports events and enables its customers to enjoy the most well-known media and entertainment. About the Offeror The Offeror is a direct subsidiary of Next Alt which is owned and controlled by Mr. Patrick Drahi, the founder of Altice Europe. Mr. Drahi currently owns, indirectly, approximately 77.58% of Altice Europes issued share capital. Disclaimer This press release contains inside information within the meaning of the European Market Abuse Regulation (596/2014). The information in this press release is not intended to be complete. This press release is for information purposes only and does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. The distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this press release should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, Altice Europe and the Offeror disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither Altice Europe, nor the Offeror, nor any of their advisors assumes any responsibility for any violation of any of these restrictions. Any Altice Europe shareholder who is in any doubt as to his or her position should consult an appropriate professional advisor without delay. Certain statements in this press release may be considered forward-looking statements, such as statements relating the expected timing and completion of the Offer. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and Altice Europe and the Offeror cannot guarantee the accuracy and completeness of forward-looking statements. A number of important factors, not all of which are known to Altice Europe or the Offeror or are within their control, could cause actual results or outcomes to differ materially from those expressed or implied in any forward-looking statement as a result of risks and uncertainties facing Altice Europe. Any forward-looking statements are made only as of the date of this press release, and Altice Europe and the Offeror assume no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.
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Next Private Increases Offer Price to EUR 5.35 Boussard & Gavaudan, Diameter, Elliott, LB Partners, Lucerne, Sessa, Sheffield and Winterbrook Commit to Tender Their Listed Shares Under the Offer
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ST. JOHNS, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (Altius or the Corporation) is pleased to provide the following update: Lithium Royalty Corporation (LRC) LRC, of which Altius is a 12.6% founding level investor, has agreed to a US$40 million investment by New York based private equity firm Riverstone Holdings, part of a larger US$70.7 million offering by LRC. Pursuant to this investment Altius has exercised its pro-rata equity participation right (through investments in affiliated limited partnership LRC LP I) by committing an additional US$7.6 million. Altius also continues to maintain a direct 10% co-participation right with respect to future LRC royalty level investments and a board nomination right. Lithium Royalty Corporation was founded in May 2018 as a private royalty and streaming company focused on the lithium mining sector. It is managed through Waratah Capital Advisors Ltd. and led by CEO Ernie Ortiz. Since inception, LRC has acquired four pre-feasibility through production stage royalties including both brine and spodumene based projects that are located in Australia, Brazil and Argentina. Lithium Royalty Portfolio Highlights Mount Cattlin (Galaxy Resources Limited, ASX:GXY, Producing) The Mount Cattlin royalty was acquired by LRC in June 2018 and is composed of a A$1.50 per tonne royalty on ore mined and treated from the Mount Cattlin Project. Mount Cattlin is a reliable, low-cost producer of high-quality lithium concentrate located two kilometres north of the town of Ravensthorpe in Western Australia. Conventional mining and processing techniques are used for Mount Cattlin with open-pit mining of a relatively flat-lying pegmatite ore body. The Mount Cattlin operation produces a lithium concentrate (spodumene) product with up to a 6.0% Li2O grade that is trucked to Esperance Port for export. Spodumene concentrate production is anticipated to reach 100-110,000 tonnes in 2020 with a further increase for 2021 currently under consideration. For further information visit www.gxy.com In operation since 2011, Galaxy has increased mineral resources by 42% since the time of LRCs royalty acquisition. As at 31 December 2019, Mt Cattlin had a Mineral Resource of 14.6Mt at 1.29% Li2O and an Ore Reserve of 8.2 Mt @ 1.29% Li2O https://gxy.com/wp-content/uploads/2020/05/44fxrbh0l5ypmj.pdf Grota do Cirilo (Sigma Lithium Resources Inc.,TSXV:SIGMA, Project Finance stage) LRC acquired a 1% Gross Overriding Royalty on Sigma Lithiums Grota do Cirilo project in December 2018. Altius has exercised its 10% co-participation right with respect to this acquisition. Located in Minas Gerais state, Brazil, the Grota do Cirilo project has been producing battery-grade lithium concentrate on a pilot scale since 2018 and shipping high-grade Li2O coarse lithium concentrate samples to potential customers in Asia. Based on the technical report titled Grota do Cirilo Lithium Project, Araua and Itinga Regions, Minas Gerais, Brazil, National Instrument 43-101 Technical Report on Feasibility Study Final Report dated October 18 2019, a commercial-scale lithium concentrate production plant is expected to begin construction in 2021 and commence operations in the first quarter of 2022. The Phase 1 plan outlined in the technical report envisions annual production of 220,000 tonnes of lithium concentrate while Sigma expects to be amongst the lowest-cost producers of battery-grade lithium concentrate globally. Since mid 2020, Sigma Lithium has signed a term sheet for a US$45 million senior secured project finance facility with Socit Generale, completed a US$13.3 million dollar equity financing and obtained a C$18.75M credit line from the Development Bank of the state of Minas Gerais. For further information visit www.sigmalithiumresources.com Tres Quebradas (Neo Lithium Corp., TSXV:NLC, Definitive Feasibility stage) LRC acquired a 1% Gross Overriding Royalty on Neo Lithiums Tres Quebradas (3Q) lithium brine project in June 2018. Altius has exercised its 10% co-participation right with respect to this acquisition. Located in Catamarca Province, the main lithium producing province in Argentina, 3Q is ranked as one of the top five largest and top three highest-grade lithium brine deposits in the world. A Pre-Feasibility Study filed in May of 2019 pursuant to National Instrument 43-101 guidelines outlines the use of established processes and technologies to process brine into battery grade lithium carbonate. The report outlines average annual production of lithium carbonate of 20,000 tonnes over a 35 year project life resulting in a US$1.144 billion NPV(8%) on initial capital expenditures of US$318 million. Neo Lithium has invested CAD$60 million into the project to date and has produced battery grade lithium chemicals from its pilot plant in Fiambala, Argentina. The company expects to complete its definitive feasibility study in 2021. The company recently closed a strategic investment with CATL, Chinas largest battery producer, providing CATL with an ~8% equity stake in Neo Lithium. For further information visit www.neolithium.ca Finniss (Core Lithium Ltd., ASX:CXO, Definitive Feasibility stage) LRC acquired a 2.5% Gross Overriding Royalty on Core Lithiums feasibility stage Finniss Project in June 2019. Finniss is located in the Northern Territory, Australia within 25km of power and rail and is 1 hour by sealed road to Darwin Port - Australias nearest port to Asia. The company is targeting 175,000 tonnes of spodumene concentrate production per year and is expected to be one of Australias lowest cost projects. (see DFS presentation: https://wcsecure.weblink.com.au/pdf/CXO/02097337.pdf) The company increased its Mineral Resource by 52% earlier this year. The company is a member of the European Battery Alliance and has announced strategic offtake arrangements with customers in Europe and Asia. The company is targeting Final Investment Decision (FID) in 2021. For further information, please visit www.corelithium.com.au About Altius Altiuss strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altiuss commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 41,477,653 common shares issued and outstanding that are listed on Canadas Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices. Forward-Looking Information This news release contains forwardlooking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. In certain cases, forwardlooking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Altius believes the expectations expressed in such forwardlooking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulation.
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Altius Participates in Lithium Royalty Corporation Financing
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20201014 // -- Little Free Library (LFL) Colle McVoy Read in ColorLFL ReadinColorBIPOC LGBTQ LFL Greig Metzger Little Free Library LFL Anita Merina Little Free Library Read in Color LFL George Floyd LFL LFL PBS Kids Sarah KamyaRead in Color Read in Color LFL Little Free Library Read in Color LFL LFL BIPOC Twin Cities Little Free Library LFL Twin Cities 10 14 Urban Ventures /LGBTQ We Need Diverse BooksThe Brown BookshelfDebbie ReeseLFL Roxane Gay LFL Colle McVoy Read in Color Colle McVoy Christine Fruechte Little Free Library George Floyd LFL Twin Cities 5,000 Kwame Alexander The UndefeatedElizabeth Acevedo Clap When You LandIjeoma OluoSo You Want to Talk about RaceLFL Black Garnet BooksHMH LFL 50 10 Little Free LibraryRead in Color Read in Color LittleFreeLibrary.org/Read-In-ColorLittle Free LibraryLittle Free Library (LFL) 501(c)(3) LFL 2020 (World Literacy Award)(Library of Congress) (National Book Foundation) 50 108 /10 Little Free Library 1.65 LittleFreeLibrary.orgMargret Aldrich 612-203-6856 / [emailprotected]- https://www.youtube.com/watch?v=gDsUF06IeDc- https://mma.prnewswire.com/media/568238/Little_Free_Library_Logo.jpg Little Free Library Related Links www.littlefreelibrary.org SOURCE Little Free Library
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Little Free Library USA - espaol USA - English Read in Color BIPOC LGBTQ
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DUBLIN--(BUSINESS WIRE)--The "Global Grape Seed Oil Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the grape seed oil market and it is poised to grow by $73.07 million during 2021-2025 progressing at a CAGR of 4% during the forecast period. The report on grape seed oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the application of grape seed oil in cosmetics and increasing prominence of private-label brands. The grape seed oil market analysis includes type segment and geographical landscapes. This study identifies the health benefits of consuming grape seed oil as one of the prime reasons driving the grape seed oil market growth during the next few years. Companies Mentioned The report on grape seed oil market covers the following areas: The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth. Key Topics Covered: 1. Executive Summary 2. Market Landscape 3. Market Sizing 4. Five Forces Analysis 5. Market Segmentation by Type 6. Customer landscape 7. Geographic Landscape 8. Vendor Landscape 9. Vendor Analysis 10. Appendix For more information about this report visit https://www.researchandmarkets.com/r/30hghc
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Global Grape Seed Oil Market (2021 to 2025) - Featuring Aromex Industry, Augustus Oils & Berje Among Others - ResearchAndMarkets.com
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SAN FRANCISCO, March 25, 2020 /PRNewswire/ --Next generation personal car insurance company Noblr is now available in New Mexico. Noblr is smart car insurance for responsible drivers that rewards members' good driving behaviors with real-time competitive rates. Innovative in technology and structure, Noblr is built on a reciprocal exchange model, where customers are members who help drive the company forward. "We're excited to empower and reward responsible drivers across New Mexico," said Gary Tolman, Noblr CEO & Co-founder. "Noblr members only pay for the miles they drive, which can help them save a considerable amount during the times they may find themselves driving less, such as the current extraordinary circumstances presented by COVID-19." Noblr's behavior-based pricing is calculated in real time and measures how well and how much a member drives. Noblr's intuitive app and highly personalized pricing model help directly and continuously incentivize better driving. Members can save money if they drive less, brake and accelerate mindfully, and don't text while driving, among other factors. Thanks to Noblr's proprietary technology, Noblr drivers can learn from their personal driving data, drive better, and lower their rates. Noblr launched in Colorado in 2019, followed by launches in Texas, Ohio, and Arizona. Additional state launches are coming soon. The Noblr app is available for iOS and Android smartphones. Good drivers who want smart insurance should visit www.noblr.com or call 877-236-6257. About Noblr Noblr is smart car insurance for smart drivers that rewards its members' good driving habits by giving highly accurate, competitive rates that are based on, among other things, time of driving, road choice, quality of driving, and miles driven. Noblr is an innovator in terms of its proprietary insurance solutions and its corporate structure. Through a reciprocal exchange model, Noblr customers are members who help steer the company's direction. Headquartered in San Francisco, CA, with a service hub in Austin, TX, Noblr's experienced team of seasoned insurance and technology leaders have received investments from top-tier companies like HSCM Bermuda Management Company, White Mountains Insurance Group, Ltd., and Third Point Re. The Noblr team and its members are working together to change the way we think about driving and our insurance. For more information, please visit www.noblr.com, or call 877-236-6257. MEDIA CONTACT:Noblr Marketing [emailprotected] SOURCE Noblr, Inc. Related Links http://www.noblr.com
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Smart Car Insurance Launches In New Mexico
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SAN DIEGO, June 25, 2020 /PRNewswire/ --Synergy One Lending("Synergy One") is pleased to announce the Management-led asset purchase ("MBO") of the company's distributed retail channel and the Synergy One brand from Mutual of Omaha Mortgage. The terms of the acquisition were not announced. The MBO was led by industry veterans Steve Majerus, CEO, and Aaron Nemec, President. Synergy One has quadrupled its loan production in three years, breaking into the top 100 retail mortgage lenders in 2019 ranked #53 in Scotsman's Guide. "Aaron and I are sincerely grateful for the opportunity to lead Synergy One into the future. Our confidence in our team and our collective ability to execute couldn't be higher," said Majerus. Nemec, who previously served as Synergy One's National Head of Production and previously held the same position at Guild Mortgage and Academy Mortgage, said: "This acquisition enables us to more aggressively pursue our pipeline of opportunities and to continue to evolve our operational and sales platforms in building a fintech-enabled company that aligns our team with the experience our customers demand." About Synergy One Lending, Inc. Synergy One is based in San Diego, CA, is currently licensed in 29 states and has Operational HUBS in Roseville, CA, Boise, ID, Denver, CO and Dallas, TX. If you're looking for opportunities to learn more about the power behind Synergy's sales-centric value proposition, please contact Aaron Nemec at [emailprotected] or visit www.S1L.com. SOURCE Synergy One Lending Related Links https://www.S1L.com
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Synergy One Lending Announces Management Buyout
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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the premium cosmetics market and it is poised to grow by USD 44.2 bn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amway Corp., Beiersdorf AG, Coty Inc., L'Oral SA, LVMH Mot Hennessy Louis Vuitton, Natura &Co., Revlon Inc., Shiseido Co. Ltd., The Este Lauder Co. Inc., and The Procter and Gamble Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Innovation and portfolio extension has been instrumental in driving the growth of the market. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts Premium Cosmetics Market 2020-2024: Segmentation Premium Cosmetics Market is segmented as below: Premium Cosmetics Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The premium cosmetics market report covers the following areas: This study identifies increased demand for premium skincare products as one of the prime reasons driving the premium cosmetics market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Premium Cosmetics Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Distribution channel Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Premium Cosmetics Market will Showcase Positive Impact during 2020-2024 | Innovation and Portfolio Extension to Boost the Market Growth | Technavio
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NEUCHTEL, Switzerland, Aug. 20, 2020 /PRNewswire/ -- The world's only precision beauty company, RDUIT, has enjoyed unprecedented growth in its first months of launching, undeniably emerging as the 'Tesla of Beauty'.Accelerating the growth of this Swiss brand is its release of 14 products in 14 weeks, with a further 13 products still to come. The patented haircare portfolio is now fully available in 40 countries worldwide, with a hotly anticipated skincare line coming soon. Paul Peros CEO REDUIT Pioneered by Paul Peros, a notable global CEO, RDUIT's vision was to reimagine the haircare category and offer a sustainable, yet powerful solution for all hair types through the use of innovation and technology to apply treatments, yet remain sustainably friendly to the planet. "In French 'Reduit' means 'reduced'; we reduce packaging, amplify results; reduce time, amplify efficacy; reduce steps and amplify beauty," says Paul Peros.Currently available are 3 REDUIT devices to choose from (REDUIT One, REDUIT One Gold and REDUIT One Pro) which will all work with the 5 REDUIT Hairpods, and5 REDUIT LED Hairpods.Using game changing technology, innovation and Swiss design, RDUIT almost completely reduced the need for stabilizers, thickeners and fillers in haircare and created highly concentrated formulas and a revolutionary precision delivery system for amplified results. "Most active ingredients in beauty products go to waste through inferior delivery systems. RDUIT's technology ensures maximum performance: 38x more efficacious than traditional products, while reducing the waste by 20x. We are shaping a category which has been relatively immune to advancement in technology and innovation but we are also showing the giants how to do this and encourage sustainability at the same time," adds Peros. In its first month of launching, RDUIT avoided over 30 tons of CO2 output compared to traditional products, and that figure is projected to near 400 kilo-tons by the end of the year, meaning RDUIT may be outperforming the beauty giants in its first year of operation.With the current trajectory and continuing on its mission, RDUIT will have launched 25 products,including the full haircare line, and a full skincare line which is expected to include technological innovations of skincare devices powered with Skinpods to suit a multitude of skin types and for specific skin conditions, by the end of 2020 and available to 40 countries including China, US and UK.Logo - https://mma.prnewswire.com/media/1170279/REDUIT_Logo.jpgPhoto - https://mma.prnewswire.com/media/1231299/Paul_Peros_CEO_REDUIT.jpg SOURCE RDUIT
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Industry Aficionado Paul Peros Launches World's First Tech-led Full Haircare Precision System
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NOVATO, Calif. and ALAMEDA, Calif., July 21, 2020 /PRNewswire/ --CP Lab Safety, a leading provider of workplace safety products, and Emery Pharma, a full-service contract research laboratory, announced today the launch of REVEAL, an onsite COVID-19 testing service for businesses, conducted in partnership with DiaCarta. The REVEAL service offers businesses COVID-19 RT PCR tests and antibody testing four times a month, with the goal of detecting infection early, identifying newly exposed asymptomatic employees, and ultimately reducing the chances of spreading the disease. "Businesses and their workers are looking for convenient and effective ways to evaluate when to return to the workplace. We believe this program will help achieve that goal and give them the confidence to reopen and return to the office," said CP Lab Safety CEO Kelly Farhangi. "By offering tests that indicate both previous exposure to COVID-19 as well as current infection, employers and employees will have the knowledge required to help them operate as safely as possible as we continue to fight this pandemic." Under the program, CP Lab Safety will offer businesses DiaCarta's QuantiVirus SARS-CoV-2 Test, which has been cleared by the U.S. Food and Drug Administration under Emergency Use Authorization, as well as Emery Pharma's validated COVID-19 Antibody Test. The QuantiVirus SARS-CoV-2 Test is a PCR-based assay, which is a gold standard for molecular diagnostics, to determine COVID infection. Emery Pharma's 10-minute COVID-19 antibody test indicates prior exposure to the virus. Both tests would be administered by a CP Lab Safety-affiliated medical professional on-site at the business and analyzed by DiaCarta, a CLIA-certified laboratory and molecular diagnostics company. Test results will be available within 48 hours on a REVEAL confidential web portal. In the case of a positive diagnostic test, employer and employee will be notified, along with the local health department, so that proper health protocols may be followed. "It's important that employees and employers are fully educated on both their exposure and their infection so that they have the knowledge to make informed, responsible decisions about their health and how to protect those around them," said Emery Pharma CEO Ron Najafi. "We are excited to be partnering with CP Lab Safety to bring our antibody test to businesses." The program is initially being launched in the San Francisco Bay Area, where CP Lab Safety has retained qualified medical staff to travel to businesses to administer the tests. Plans are under way to deploy a network of trained registered nurses to support the REVEAL service anywhere in the United States. "We are excited to work with CP Lab Safety and Emery Pharma to make our SARS CoV 2 test available," said Ram Vairavan, senior vice president of DiaCarta. "The economy needs to resume its growth and we believe that REVEAL initiative will ensure a safe work environment, enabling businesses to reopen with confidence." Since the beginning of the global pandemic, CP Lab Safety has been supplying much-needed Personal Protective Equipment (PPE) to help combat the virus, including N95 masks, non-contact thermometers, Respiratory aerosolized microsaliva extractors, UV / Ozone room sterilizers, non-contact soap dispensers and more. This partnership with Emery Pharma and DiaCarta will expand the company's offerings to workplaces across the country. About CP Lab Safety CP Lab Safetyhas been living up to its mission to "keep people healthy and safe across the planet" for over 23 years, with top quality laboratory and workplace safety products, exceptional customer service and educational resources to communities around the globe. In 2016, CP Lab Safety was the recipient of the Congressional Certificate of Environmental Sustainability from Congressman Jared Huffman in recognition of the company's global effort and commitment to reducing environmental pollution. CP Lab Safety has become a primary source for Personal Protective Equipment for its local and global community since the beginning of the COVID-19 pandemic. With a growing catalogue of over 100,000 products, CP Lab Safety provides all the necessary equipment to keep people healthy and safe. About Emery Pharma Emery Pharma is a full-service contract research and development laboratory, specializing inanalyticalchemistry,microbiology,andcell biologyservices, utilizing state-of-the-art equipment such as Nuclear Magnetic Resonance Spectroscopy (NMR), LC-MS/MS, HPLC, UPLC, and much more. The facility is located in Alameda, CA, in the San Francisco Bay Area. Emery Pharma's mission is to help our clients "Save Lives and Save the Environment." Emery Pharma is FDA registered and inspected, DEA licensed, and GLP/cGMP compliant. The team at Emery Pharma is skilled in Method Development and Validation, Characterization and Isolation of impurities, Stability Studies, and Release Testing. The company has proprietary and robust microbiological assays aimed to support projects related to novel antimicrobial, anti-biofilm, and antibiotic development. Emery Pharma also develops methods and procedures in support ofpatentlitigation,intellectual property, drug recalls, and product liability cases. In March 2020, Emery Pharma engaged in development of a Sars-CoV-2 surrogate betacoronavirus assay for antiviral efficacy testing. SOURCE CP Lab Safety Related Links https://www.calpaclab.com
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CP Lab Safety and Emery Pharma Launch Onsite COVID-19 Screening and Testing Service for Businesses Nationwide REVEAL screening and testing service offers both COVID-19 RT PCR diagnostic tests and antibody tests
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PROVIDENCE, R.I., Aug. 25, 2020 /PRNewswire/ --EpiVax, Inc. ("EpiVax"), a Rhode Island-based company and recognized leader in the field of computational vaccinology, today announced it has out-licensed its COVID-19 vaccine candidate, EPV-CoV-19, to EpiVax Therapeutics ("EVT"), a New York-based company previously named EpiVax Oncology. Scientists at EpiVax designed EPV-CoV-19 a peptide-based, epitope-driven vaccine utilizing their validated computational toolkit (iVAX), which enabled the selection of sequences representing all circulating SARS-CoV-2 genomes that will drive a T cell-mediated immune response, with the goal of providing recipients with immune system "body armor", reducing their risk of severe COVID-19 disease. With in-licensing the COVID-19 vaccine program, EVT is broadening its pipeline and application of its platform beyond its clinical-stage personalized cancer vaccine program. The venture-backed company will provide an ideal environment for funding and development of EPV-CoV-19. The company recently re-organized its executive team in preparation for the pipeline expansion and is raising $3M to support the new program. Having received a positive pre-IND response from the FDA, EVT is progressing to a clinical trial. It has begun GMP peptide production and is preparing the IND submission in parallel. Michael Princiotta, CSO at EVT, said, "EVT is pleased to welcome the COVID-19 vaccine program into our pipeline. We are eager to apply our vaccine platform and fundraising experience to advance EPV-CoV-19 into clinical trials." Annie De Groot, CEO/CSO and cofounder of EpiVax, said, "The EpiVax team has done a fantastic job in the preclinical research phase. We are confident that EPV-CoV-19 will be safe and effective for frontline healthcare workers. We look forward to working with EVT to accelerate its progress to Phase I and beyond." About EpiVax: EpiVax has pioneered the use of in silico immunogenicity screening toolkits for therapeutics and vaccines. These toolkits, ISPRI and iVAX, are used for advancing product development at a global roster of companies. See the latest peer-reviewed publications athttps://www.frontiersin.org/articles/10.3389/fimmu.2020.00442/fulland https://www.frontiersin.org/articles/10.3389/fimmu.2020.01301/full formore information about recent applications of EpiVax's in silico vaccine design and protein therapeutic immunogenicity assessment tools. About EVT: EVT, founded in 2017, employs a world-leading technology, developed over 22 years by EpiVax, to design vaccines that aim to activate the body's T cells to cure or prevent disease in the host. EVT's pipeline includes a COVID-19 vaccine and a personalized bladder cancer vaccine. Press Contact:Annie De Groot, MD CEO/CSO, EpiVaxT: 401-272-2123E: [emailprotected] SOURCE EpiVax, Inc.
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EpiVax Announces Licensing of COVID-19 Vaccine Candidate to EpiVax Therapeutics English espaol Deutsch Franais
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CALGARY, AB, August 4, 2020 /PRNewswire/ -Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 15 (Series 15 Shares) (TSX: ENB.PF.G) on September 1, 2020. As a result, subject to certain conditions, the holders of the Series 15 Shares have the right to convert all or part of their Series 15 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 16 of Enbridge (Series 16 Shares) on September 1, 2020. Holders who do not exercise their right to convert their Series 15 Shares into Series 16 Shares will retain their Series 15 Shares. The foregoing conversion right is subject to the conditions that: (i) if Enbridge determines that there would be less than 1,000,000 Series 15 Shares outstanding after September 1, 2020, then all remaining Series 15 Shares will automatically be converted into Series 16 Shares on a one-for-one basis on September 1, 2020; and (ii) alternatively, if Enbridge determines that there would be less than 1,000,000 Series 16 Shares outstanding after September 1, 2020, no Series 15 Shares will be converted into Series 16 Shares. There are currently 11,000,000 Series 15 Shares outstanding. With respect to any Series 15 Shares that remain outstanding after September 1, 2020, holders thereof will be entitled to receive quarterly fixed cumulative preferential cash dividends, as and when declared by the Board of Directors of Enbridge. The new annual dividend rate applicable to the Series 15 Shares for the five-year period commencing on September 1, 2020 to, but excluding, September 1, 2025 will be 2.983 percent, being equal to the five-year Government of Canada bond yield of 0.303 percent determined as of today plus 2.68 percent in accordance with the terms of the Series 15 Shares. With respect to any Series 16 Shares that may be issued on September 1, 2020, holders thereof will be entitled to receive quarterly floating rate cumulative preferential cash dividends, as and when declared by the Board of Directors of Enbridge. The dividend rate applicable to the Series 16 Shares for the three-month floating rate period commencing on September 1, 2020 to, but excluding, December 1, 2020 will be 0.70861 percent, based on the annual rate on three month Government of Canada treasury bills for the most recent treasury bills auction of 0.17 percent plus 2.68 percent in accordance with the terms of the Series 16 Shares (the Floating Quarterly Dividend Rate). The Floating Quarterly Dividend Rate will be reset every quarter. Beneficial holders of Series 15 Shares who wish to exercise their right of conversion during the conversion period, which runs from August 2, 2020 until 5:00 p.m. (EST) on August 17, 2020, should communicate as soon as possible with their broker or other intermediary for more information. It is recommended that this be done well in advance of the deadline in order to provide the broker or other intermediary time to complete the necessary steps. Any notices received after this deadline will not be valid. Forward-Looking Statements Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge, including statements with respect to the conversion of all or part of the Series 15 Shares into Series 16 Shares on September 1, 2020, the annual dividend rate that will apply to any outstanding Series 15 Shares on September 1, 2020, the quarterly dividend rate that will apply to any Series16 Shares on September 1,2020, and the declaration of dividends by the Board of Directors of Enbridge. This information may not be appropriate for other purposes. Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and on processes used to prepare the information, such statements are not guarantees of future events and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual events to differ materially from those expressed or implied by such statements. Material assumptions include assumptions about whether holders of Series 15 Shares will exercise their right to convert their Series 15 Shares into Series 16 Shares. Enbridge's forward-looking statements are subject to risks and uncertainties, including, but not limited to those risks and uncertainties discussed in this news release and in the Company's other filings with Canadian and United States securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking statement is not determinable with certainty as these are interdependent and Enbridge's future course of action depends on management's assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information, future events or otherwise. All subsequent forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on its behalf, are expressly qualified in their entirety by these cautionary statements. About Enbridge Inc.Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which generates approximately 1,750 MW of net renewable power in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com. FOR FURTHER INFORMATION PLEASE CONTACT: MediaJesse SemkoToll Free: (888) 992-0997Email: [emailprotected] Investment CommunityJonathan MorganToll Free: (800) 481-2804Email: [emailprotected] SOURCE Enbridge Inc. Related Links http://www.enbridge.com
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Enbridge Provides Notice of Series 15 Preferred Shares Conversion Right and Announces Reset Dividend Rates
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CHARLOTTE, N.C., Dec. 11, 2020 /PRNewswire/ --The holiday season is in full swing and Firebirds Wood Fired Grill is here to help check off a few items from that busy to do list with its wildly popular Holiday Feast and Winter Feature offerings to Family Meal Deals and gift cards for co-workers and loved ones. "Whether it be taking care of your holiday dinner from our oven to your table, or finding the right gift for your co-workers, Firebirds is here to lend a helping hand," said Firebirds CEO Mark Eason. Continue Reading Prime Rib Holiday Feast Firebirds' Winter Features menu is set to impress with limited time menu offerings such as the Seared Tuna Superfoods Salad, Kickin' Chicken Sandwich, Grilled New York Strip and Grilled Striped Bass, these new seasonally inspired menu entrees among others, are available at participating locations now through December 31. In addition to ordering from the feature menu, guests can pre-order their Holiday Feast with the option of Turkey or Prime Rib starting at $139.95, which includes generous, classic sides such as corn bread dressing, spiced pecan green beans, parmesan mashed potatoes and a delicious chocolate cheesecake with raspberry sauce to top it off. Guests must pre-order by December 20, 2020.Guests can also order the Family Meal Deal, available ToGo or delivery, which serves 4-6 and includes entrees such as Wood Grilled Chicken, Firebirds Chicken Pasta, Wood Grilled Salmon and more with the choice of salad, choice of side, bread, and dessert. Additionally, cuts of meat from The Butcher Shoppe at Firebirds can be purchased including signature steaks that are aged 21 days for incredible taste and tenderness.Firebirds' hand-crafted seasonal cocktails such as Diamonds are a Mule's Best Friend, Blood Orange Basil Gimlet and Skrewball Russian, as well as several others, are available through the end of the year. In addition to its ample wine list, Firebirds is introducing two new wines from Borne of Fire for the winter season: Borne of Fire Chardonnay 2018: "Pear and citrus flavors alongside floral notes and a hint of tarragon." Borne of Fire Cabernet Sauvignon 2017: "Cherry, currant, savory spice and red pepper, with a green coffee finish." The health and safety of its guests and team members are Firebirds' top priority. In addition to following all capacity requirements and social distancing protocols, Firebirds has enhanced its already high standards of food safety, hygiene and cleaning/sanitation. Online ordering for ToGo curbside delivery is also available, providing a convenient alternative to dine-in. Delivery is made possible through partners such as DoorDash.Firebirds offers beautifully designed gift cards perfect for holiday gifting to co-workers, family and friends. Guests will receive $20 in bonus gift cards with every $100 spent on Firebirds gift cards in store or online through Dec. 31. Or, if gift cards are purchased in bulk, guests will save up to 25% with Firebirds' corporate buying program year-round.About Firebirds Wood Fired GrillFirebirds Wood Fired Grill, a contemporary-polished restaurant, is an energetic twist on the traditional grill featuring a boldly flavored, classic American menu in an inviting, fire-centric atmosphere. Signature menu items include hand-cut, aged steaks and fresh seafood hand-fileted in-house and seared over locally sourced hickory, oak or pecan wood in Firebirds' scratch kitchen and exposed wood-fired grill. The open, stylish, enticing dcor incorporates wood-fired themes and entertaining spaces, such as the outdoor patio with seasonal comforts and the award-winning FIREBAR. Popular specialties include Wine Down Mondays, happy hour, artisan cocktails, craft beer, bourbon, after dinner drinks and Firebirds' private label wine. In keeping with its mission, "To Serve, Enrich and Exceed," Firebirds supports ever-growing sustainability efforts throughout its restaurants and partners with Alex's Lemonade Stand Foundation, with more than $2 million raised for childhood cancer research through the sale of fresh-squeezed lemonade. Visit firebirdsrestaurants.com to become a member of Firebirds' Inner Circle, make an OpenTable reservation or order ToGo online.Media Contact:Casey CagleRountree Group770-238-9890[emailprotected]SOURCE Firebirds Wood Fired Grill Related Links http://www.firebirdsrestaurants.com
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Holiday Season is Here and Firebirds Wood Fired Grill is Here to Help
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BEIJING, April 17, 2020 /PRNewswire/ --Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), On April 13, 2020, Luokung Technology Corp. (the "Company") received a notification letter from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the bid price for the Company's common stock for the last 30 consecutive business days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company's common stock on Nasdaq. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180 calendar day grace period, or until October 12, 2020, to regain compliance with the minimum bid price requirement. The continued listing standard will be met if the Company evidences a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the 180 calendar day grace period. In order for Nasdaq to consider granting the Company additional time beyond October 12, 2020, the Company would be required, among other things, to meet the continued listing requirement for market value of publicly held shares as well as all other standards for initial listing on Nasdaq, with the exception of the minimum bid price requirement. If measured today, the Company would qualify for Nasdaq's consideration of an extension because the Company currently has stockholders' equity of at least $5 million. In the event the Company does not regain compliance with the $1.00 bid price requirement by October 12, 2020, eligibility for Nasdaq's consideration of a second 180 day grace period would be determined on the Company's compliance with the above referenced criteria on October 12, 2020. The Company is diligently working to evidence compliance with the minimum bid price requirement for continued listing on Nasdaq; however, there can be no assurance that the Company will be able to regain compliance or that Nasdaq will grant the Company a further extension of time to regain compliance, if necessary. About Luokung Technology Corp. Luokung Technology Corp. is one of the global leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China. The core business brands of the Company are "Luokuang" and "Superengine". The Company mainly provides spatial temporal big data PaaS, SaaS and DaaS intelligent services based on its self-developed patented technology which can be applied in Mobile Internet LBS, Internet Travelling, Intelligent Transportation, Automatic Drive, Smart City, Intelligent IoT, Natural Resources Exploration and Monitoring and so on. These services are integrated intelligent computing and application services for spatial temporal data which including but not limited to Satellite and UAV Remote Sensing Image Data, HD Map, 2D and 3D Internet Map, Real-time Trajectory, IoT Industrial Stream Data. For more information please go to http://www.luokung.com. Business Risks and Forward-Looking Statements This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law. SOURCE Luokung Technology Corp. Related Links www.luokung.com
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Luokung Received NASDAQ Notification Letter
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LAS VEGAS, July 23, 2020 /PRNewswire/ -- SciPlay Corporation (NASDAQ: SCPL) ("SciPlay" or the "Company") today reported results for the second quarter ended June30, 2020. Second Quarter 2020 Financial Highlights vs. Second Quarter 2019 Second quarter revenue was $165.6 million. Mobile revenue of $144.3 million was up 47%. Our quality initiatives early in the year placed our games in a great position to handle the spike in play during the height of "stay at home" orders. The strength across our games portfolio was enabled by our recognizable brands and dedicated team that seamlessly maintained the player experience as volumes increased. Net income increased 86% to $48.8 million, with a net income margin of 29.5%, up from $26.2 million and 22.2%. AEBITDA, a non-GAAP measure defined below, was $59.6 million, an increase of 80%, and AEBITDA margin was 36.0%, an increase of 790 bps. Net cash provided by operating activities was $52.0 million, an increase of $34.0 million reflecting strong results. Cash and cash equivalents increased $45.5 million year to date to $156.1 million, which included the impact of the Come2Play acquisition and our annual Tax Receivable Agreement (TRA) and related payments. Available liquidity at quarter end was $306.1 million. Acquires casual game developer and operator Come2Play. The Company acquired Come2Play, Ltd., an Israel-based developer and manager of casual mobile games. This acquisition expands the Company further into the fast growing casual gaming segment. The transaction closed on June 22, 2020. Key Performance Highlights vs. Second Quarter 2019 Payer conversion rates reached a quarterly record of 6.8%, validating our continued focus on live operations to drive increased player interaction with our games. Average monthly revenue per payer increased 24% to $101.13. ARPDAU increased 40% to $0.67. Mobile penetration increased 400 basis points to 87%. International testing progressing with improved KPIs across geographies and games. Josh Wilson, Chief Executive Officer of SciPlay, said, "We are extremely pleased with the results we delivered in the second quarter. The strong performance was evidenced throughout our portfolio driven by successful game updates coupled with the "stay at home" dynamic. In addition to our outstanding results, we also acquired casual game developer, Come2Play during the quarter, which adds to our proven library of IP and provides another engine for growth. The acquisition immediately expands our market opportunity through the addition of a new genre of evergreen casual games and brings an incredibly talented team to our portfolio." Mike Cody, Chief Financial Officer of SciPlay, added, "We achieved record revenue and strong net income and AEBITDA growth this quarter, which highlights the operating strength of our business. We continue to be extremely well positioned to explore opportunities to drive return on capital organically and externally. Our overarching focus is to provide great games for our customers that will lead to success for all our stakeholders." SUMMARY RESULTS ($ in millions) Three months ended June 30, 2020 2019 Revenue $ 165.6 $ 118.1 Net income 48.8 26.2 Net income margin 29.5 % 22.2 % Net cash provided by operating activities 52.0 18.0 Capital expenditures 2.0 3.1 Non-GAAP Financial Measures (1) AEBITDA $ 59.6 $ 33.2 AEBITDA margin 36.0 % 28.1 % Balance Sheet Measures As of June 30, 2020 As of December 31, 2019 Cash and cash equivalents $ 156.1 $ 110.6 Available liquidity 306.1 260.6 (1) The financial measures "AEBITDA" and "AEBITDA margin" are non-GAAP financial measures defined below under "Non-GAAP Financial Measures" and reconciled to the most directly comparable GAAP measures in the accompanying supplemental tables at the end of this release. Key Performance Indicators (in millions, except ARPDAU, Average monthly revenue perpayer, and percentages) Three months ended June 30, 2020 2019 Increase / (Decrease) Mobile Penetration 87% 83% 4pp Average MAU 8.1 8.1 Average DAU 2.7 2.7 ARPDAU $0.67 $0.48 $0.19 Average MPUs 0.5 0.5 Average monthly revenue per payer $101.13 $81.42 $19.71 Payer conversion rate 6.8% 6.0% 0.8pp pp = percentage points. Earnings Conference CallSciPlay executive leadership will host a conference call on Thursday, July 23, 2020, at 5:30 p.m. ET to review the Company's second quarter results. To access the call live via a listen-only webcast and presentation, please visit http://www.sciplay.com/investors/investor-information/and click on the webcast link under the Investor Information section. To access the call by telephone, please dial: +1 (412) 317-0790 (U.S. and International) and ask to join the SciPlay Corporation call. A replay of the webcast will be archived in the Investors section at www.sciplay.com/investors/. About SciPlayWe are a leading developer and publisher of digital games on mobile and web platforms. We currently offer seven core games, including four social casino games and three primary casual games. Our social casino games typically include slots-style game play and occasionally include table games-style game play, while our casual games blend slots-style or bingo game play with adventure game features. All of our games are offered and played on multiple platforms, which include Apple, Google, Facebook, Amazon, and Microsoft. In addition to our internally created game content, our content library includes recognizable, real-world slot and table games content from Scientific Games Corporation. This content allows players who like playing land-based slot machines to enjoy some of those same titles in our free-to-play games. You can access our filings with the SEC through the SEC website at www.sec.gov or through our website, and we strongly encourage you to do so. We routinely post information that may be important to investors on our website at www.sciplay.com/investors/, and we use our website as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC's Regulation Fair Disclosure (Reg FD). The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document, and shall not be deemed "filed" under the Securities Exchange Act of 1934, as amended. All notices signify marks registered in the United States. 2020 SciPlay Corporation. All Rights Reserved. SCIPLAY CORPORATION CONSOLIDATED STATEMENTS OF INCOME (Unaudited, in millions, except per share amounts) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Revenue $ 165.6 $ 118.1 $ 283.9 $ 236.5 Operating expenses: Cost of revenue(1) 52.6 40.5 90.5 86.2 Sales and marketing(1) 35.1 31.2 63.3 65.5 General and administrative(1) 15.2 11.1 25.4 21.4 Research and development(1) 8.2 6.0 15.5 11.8 Depreciation and amortization 2.2 1.8 4.2 3.5 Restructuring and other 1.0 1.6 1.5 2.2 Total operating expenses 114.3 92.2 200.4 190.6 Operating income 51.3 25.9 83.5 45.9 Other income (expense), net 0.6 (0.4) 1.1 (2.0) Net income before income taxes 51.9 25.5 84.6 43.9 Income tax expense (benefit) 3.1 (0.7) 4.7 4.0 Net income 48.8 26.2 79.9 39.9 Less: Net income attributable to the noncontrolling interest 42.2 13.9 68.9 13.9 Net income attributable to SciPlay $ 6.6 $ 12.3 $ 11.0 $ 26.0 Basic and diluted net income attributable to SciPlay per share(2): Basic $ 0.29 $ 0.25 $ 0.48 $ 0.25 Diluted $ 0.27 $ 0.25 $ 0.45 $ 0.25 Weighted average number of shares of Class A common stock used in per share calculation: Basic shares 22.8 22.7 22.7 22.7 Diluted shares 24.2 22.7 24.2 22.7 (1) Excludes depreciation and amortization.(2) For the three and six months ended June 30, 2019 basic and diluted earnings per share and weighted average shares of Class A common stock is applicable only for the period from May 7, 2019 to June 30, 2019, which is the period following SciPlay Corporation's IPO. SCIPLAY CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, in millions, except par value) June 30, 2020 December 31, 2019 ASSETS Current assets: Cash and cash equivalents $ 156.1 $ 110.6 Accounts receivable, net 53.2 32.1 Prepaid expenses and other current assets 3.5 4.3 Total current assets 212.8 147.0 Property and equipment, net 4.5 4.6 Operating lease right-of-use assets 5.4 6.0 Goodwill 127.1 120.7 Intangible assets and software, net 28.9 17.0 Deferred income taxes and other assets 84.9 89.3 Total assets $ 463.6 $ 384.6 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 16.1 $ 12.8 Accrued liabilities 15.6 13.7 Due to affiliate 3.0 2.7 Total current liabilities 34.7 29.2 Operating lease liabilities 4.8 5.2 Liabilities under TRA 67.3 72.7 Other liabilities 5.7 Total stockholders' equity(1) 351.1 277.5 Total liabilities and stockholders' equity $ 463.6 $ 384.6 (1) Includes $284.8 million and $223.4 million in noncontrolling interest as of June30, 2020 and December31, 2019, respectively. SCIPLAY CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in millions) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Net cash provided by operating activities $ 52.0 $ 18.0 $ 75.5 $ 26.5 Net cash used in investing activities (14.6) (3.1) (15.8) (4.7) Net cash (used in) provided by financing activities (14.1) 20.9 (14.1) 18.3 Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.2 0.1 (0.1) 0.3 Increase in cash, cash equivalents and restricted cash 23.5 35.9 45.5 40.4 Cash, cash equivalents and restricted cash, beginning of period 132.6 14.5 110.6 10.0 Cash, cash equivalents and restricted cash, end of period $ 156.1 $ 50.4 $ 156.1 $ 50.4 Supplemental cash flow information: Cash paid for income taxes $ 1.5 $ $ 1.5 $ 0.4 Cash paid for contingent consideration included in operating activities 19.2 4.0 19.2 Payment for Scientific Games' intellectual property license included in Distributions to Parent and affiliates, net 255.0 255.0 Non-cash investing and financing activities: Non-cash deferred offering costs (0.8) 1.0 SCIPLAY CORPORATION RECONCILIATION OF NET INCOME ATTRIBUTABLE TO SCIPLAY TO AEBITDA (Unaudited, in millions) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Net income attributable to SciPlay $ 6.6 $ 12.3 $ 11.0 $ 26.0 Net income attributable to noncontrolling interest 42.2 13.9 68.9 13.9 Net income 48.8 26.2 79.9 39.9 Restructuring and other 1.0 1.6 1.5 2.2 Depreciation and amortization 2.2 1.8 4.2 3.5 Income tax expense (benefit) 3.1 (0.7) 4.7 4.0 Stock-based compensation 5.1 3.9 5.2 6.6 Other (income) expense, net (0.6) 0.4 (1.1) 2.0 AEBITDA $ 59.6 $ 33.2 $ 94.4 $ 58.2 Revenue $ 165.6 $ 118.1 $ 283.9 $ 236.5 Net income margin (Net income/Revenue) 29.5 % 22.2 % 28.1 % 16.9 % AEBITDA margin (AEBITDA/Revenue) 36.0 % 28.1 % 33.3 % 24.6 % Royalties for Scientific Games Corporation IP $ $ 2.9 $ $ 10.2 RECONCILIATION OF NET INCOME MARGIN TO AEBITDA MARGIN Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Net income margin (Net income/Revenue) 29.5 % 22.2 % 28.1 % 16.9 % Restructuring and other 0.6 % 1.4 % 0.5 % 0.9 % Depreciation and amortization 1.3 % 1.5 % 1.5 % 1.5 % Income tax expense (benefit) 1.9 % (0.6) % 1.7 % 1.7 % Stock-based compensation and other expense 2.7 % 3.6 % 1.5 % 3.6 % AEBITDA Margin 36.0 % 28.1 % 33.3 % 24.6 % Forward-Looking StatementsThroughout this press release, we make "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as "may," "will," "estimate," "intend," "plan," "continue," "believe," "expect," "anticipate," "target," "should," "could," "potential," "opportunity," "goal," or similar terminology. The forward-looking statements contained in this press release are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: the impact of the COVID-19 pandemic and any resulting social, political, economic and financial complications; our ability to attract and retain players; our reliance on third-party platforms; our dependence on the optional purchases of coins, chips and cards to supplement the availability of periodically offered free coins, chips and cards; dependence on skilled employees with creative and technical backgrounds; expectations of growth in total consumer spending on social casino gaming; our dependence on certain key providers; natural events and health crises that disrupt our operations or those of our providers or suppliers; U.S. and international economic and industry conditions; stock price volatility; our ability to continue to launch and enhance games that attract and retain a significant number of paying players; our reliance on a small percentage of our players for nearly all of our revenue; our ability to adapt to, and offer games that keep pace with, changing technology and evolving industry standards; competition; the impact of legal and regulatory restrictions on our business, including significant opposition in some jurisdictions to interactive social gaming, including social casino gaming, and how such opposition could lead these jurisdictions to adopt legislation or impose a regulatory framework to govern interactive social gaming or social casino gaming specifically, and how this could result in a prohibition on interactive social gaming or social casino gaming altogether, restrict our ability to advertise our games, or substantially increase our costs to comply with these regulations; laws and government regulations, both foreign and domestic, including those relating to our parent, Scientific Games Corporation, and to data privacy and security, including with respect to the collection, storage, use, transmission, sharing and protection of personal information and other consumer data, and those laws and regulations that affect companies conducting business on the internet, including ours; the continuing evolution of the scope of data privacy and security regulations, and our belief that the adoption of increasingly restrictive regulations in this area is likely within the U.S. and other jurisdictions; our ability to use the intellectual property rights of our parent, Scientific Games Corporation, and other third parties, including the third-party intellectual property rights licensed to Scientific Games Corporation, under our intellectual property license agreement ("IP License Agreement") with our parent; protection of our proprietary information and intellectual property, inability to license third-party intellectual property and the intellectual property rights of others; security and integrity of our games and systems; security breaches, cyber-attacks or other privacy or data security incidents, challenges or disruptions; reliance on or failures in information technology and other systems; our ability to complete acquisitions and integrate businesses successfully; our ability to pursue and execute new business initiatives; fluctuations in our results due to seasonality and other factors; risks related to foreign operations, including the complexity of foreign laws, regulations and markets; the uncertainty of enforcement of remedies in foreign jurisdictions; the effect of currency exchange rate fluctuations; the impact of foreign labor laws and disputes; the ability to attract and retain key personnel in foreign jurisdictions; the economic, tax and regulatory policies of local governments; and compliance with applicable anti-money laundering, anti-bribery and anti-corruption laws; changes in tax laws or tax rulings, or the examination of our tax positions; the discontinuation or replacement of LIBOR, which may adversely affect interest rates; litigation and other liabilities relating to our business, including litigation and liabilities relating to consumer protection, gambling-related matters, employee matters, alleged service and system malfunctions, alleged intellectual property infringement and claims relating to our contracts, licenses and strategic investments; restrictions and covenants in debt agreements, including those that could result in acceleration of the maturity of our indebtedness; failure to maintain adequate internal control over financial reporting; influence of certain stockholders, including decisions that may conflict with the interests of other stockholders; our ability to achieve some or all of the anticipated benefits of being a standalone public company; and our dependence on distributions from SciPlay Parent Company, LLC ("SciPlay Parent LLC") to pay our taxes and expenses, including substantial payments we will be required to make under the Tax Receivable Agreement (the "TRA"). Additional information regarding risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including under "Risk Factors" in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended June30, 2020 and Part I, Item 1A "Risk Factors" in our 2019 Annual Report on Form 10-K filed with the SEC on February 18, 2020. Forward-looking statements speak only as of the date they are made and, except for our ongoing obligations under the U.S. federal securities laws, we undertake no and expressly disclaim any obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. This press release may contain references to industry market data and certain industry forecasts. Industry market data and industry forecasts are obtained from publicly available information and industry publications. Industry publications generally state that the information contained therein has been obtained from sources believed to be reliable, but that the accuracy and completeness of that information is not guaranteed. Although we believe industry information to be accurate, it is not independently verified by us and we do not make any representation as to the accuracy of that information. In general, we believe there is less publicly available information concerning international social gaming industries than the same industries in the U.S. Some data is also based on our good faith estimates, which are derived from our review of internal surveys or data, as well as the independent sources referenced above. Assumptions and estimates of our and our industry's future performance are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described under "Risk Factors" in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 and Part I, Item 1A "Risk Factors" of our 2019 Annual Report on Form 10-K. These and other factors could cause future performance to differ materially from our assumptions and estimates. Non-GAAP Financial MeasuresAdjusted EBITDA, or AEBITDA, as used herein, is a non-GAAP financial measure that is presented as supplemental disclosure and is reconciled to net income attributable to SciPlay as the most directly comparable GAAP measure as set forth in the above table. We define AEBITDA to include net income attributable to SciPlay before: (1) net income attributable to noncontrolling interest; (2)interest expense; (3)income tax (benefit) expense; (4)depreciation and amortization; (5)restructuring and other, which includes charges or expenses attributable to: (a)employee severance; (b)management changes; (c)restructuring and integration; (d)M&A and other, which includes: (i)M&A transaction costs; (ii)purchase accounting adjustments; (iii)unusual items (including certain legal settlements) and (iv)other non-cash items; (e) contingent acquisition consideration and (f)cost-savings initiatives; (6)stock-based compensation; (7)loss (gain) on debt financing transactions; and (8)other expense (income) including foreign currency (gains) and losses. We also use AEBITDA margin, a non-GAAP measure, which we calculate as AEBITDA as a percentage of revenue. Our management uses AEBITDA and AEBITDA margin to, among other things: (i)monitor and evaluate the performance of our business operations; (ii)facilitate our management's internal comparisons of our historical operating performance and (iii)analyze and evaluate financial and strategic planning decisions regarding future operating investments and operating budgets. In addition, our management uses AEBITDA and AEBITDA margin to facilitate management's external comparisons of our results to the historical operating performance of other companies that may have different capital structures and debt levels. Our management believes that AEBITDA and AEBITDA margin are useful as they provide investors with information regarding our financial condition and operating performance that is an integral part of our management's reporting and planning processes. In particular, our management believes that AEBITDA is helpful because this non-GAAP financial measure eliminates the effects of restructuring, transaction, integration or other items that management believes have less bearing on our ongoing underlying operating performance. Management believes AEBITDA margin is useful as it provides investors with information regarding the underlying operating performance and margin generated by our business operations. SOURCE SciPlay Related Links www.scientificgames.com
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SciPlay Reports Record Results for the Second Quarter 2020
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LOS ANGELES--(BUSINESS WIRE)--Smart & Final, the smaller, faster grocery warehouse store for household and business customers, announces its annual Kids 4 Hope campaign. The fundraiser benefits City of Hope, a world-renowned independent research and treatment center for cancer, diabetes and other life-threatening diseases. From August 26 through September 8, customers can donate at every Smart & Final location with all proceeds going directly to the Kids 4 Hope program. This year, as part of a new Give $5, Save $5 program to encourage donations, customers who donate at least $5 will receive a $5 off $25 coupon good for their next in-store purchase at Smart & Final between September 9 September 15. With many annual events in limbo during these challenging times, we are honored to be in a position to offer City of Hopes Kids 4 Hope a reliable source of support as they continue to make advances in the research and treatment of childhood cancers, said Deb Bell-Versluis, Director, Smart & Final Charitable Foundation. The $5 off $25 bounce-back coupon, provided and paid for by Smart & Final, inspired a 20% increase in donations over 2019 for a similar drive earlier this summer. We are grateful for our customers generosity towards these important causes. In 2019, Smart & Final fundraising efforts contributed $401,249 to City of Hopes Kids 4 Hope program. For more information, visit www.smartandfinal.com/kids4hope. City of Hope is a member of the Children's Oncology Group which maintains rigorous staffing, services and facilities standards for treating children's cancer. Some 90% of all pediatric cancer cases in the U.S. are treated at COG institutions. Through COG, City of Hope has access to the nation's largest group of clinical trials for pediatric and adolescent cancers. The Smart & Final Charitable Foundation is committed to improving the quality of life and nourishing the communities Smart & Final serves. The Foundation aids nonprofit organizations with a focus on hunger relief, health and wellness, team sports and youth development, education, and disaster relief. In 2019, the Charitable Foundation raised $1.8 million to support nearly 3,000 causes with the help of Smart & Final customers and store associates. About Smart & Final Smart & Final is the smaller, faster grocery warehouse store, headquartered near Los Angeles in Commerce, California. Smart & Finals 256 store locations offer quality products in a variety of sizes, saving customers time and money without a membership fee. Its larger format stores, Smart & Final Extra!, combine the warehouse store with traditional grocery offerings like farm-fresh produce and natural and organic options, to provide a one-stop shop for all. In business since 1871, Smart & Final remains committed to giving back to its communities through employee volunteer opportunities and donations to local nonprofits. About the Smart & Final Charitable Foundation Established in 2002, the Smart & Final Charitable Foundation is a 501(c)(3) charitable organization that strives to give back, improve the quality of life, and nourish communities we serve throughout California, Arizona and Nevada. The Foundation has donated millions of dollars to non-profits and organizations focused on health and wellness, education, hunger relief, team sports and youth development, and disaster relief. The Smart & Final Charitable Foundation raises funds through vendor donations, associates and in-store fundraising. About City of Hope City of Hope is an independent biomedical research and treatment center for cancer, diabetes and other life-threatening diseases. Founded in 1913, City of Hope is a leader in bone marrow transplantation and immunotherapy such as CAR T cell therapy. City of Hopes translational research and personalized treatment protocols advance care throughout the world. Human synthetic insulin and numerous breakthrough cancer drugs are based on technology developed at the institution. A National Cancer Institute-designated comprehensive cancer center and a founding member of the National Comprehensive Cancer Network, City of Hope has been ranked among the nations Best Hospitals in cancer by U.S. News & World Report for 14 consecutive years. Its main campus is located near Los Angeles, with additional locations throughout Southern California. For more information about City of Hope, follow them on Facebook, Twitter, YouTube or Instagram.
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Smart & Final Charitable Foundation Hosts Kids 4 Hope Annual Fundraising Campaign Today Through September 8, Smart & Final Customers Can Help Support Research, Treatment and Education for City of Hope's Pediatric Cancers Program
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (Thunderbird or the Company), a global award-winning, full service multiplatform production, distribution and rights management company, today announced that Thunderbirds President and CEO, Jennifer Twiner McCarron, along with senior management, will participate virtually in the following investment conferences in March. Thunderbirds senior management will also be available for one-on-one meetings at designated conferences. Webcasts, when available and where applicable, can be viewed through the events section on the Companys website. LD Micro Conference Date: March 9, 2021 Time: 8:00 a.m. PT/11:00 a.m. ET Webcast: https://us02web.zoom.us/webinar/register/WN_AFQakUImRaiMjk1EwQHwgg Website: www.ldmicro.com/ The Virtual 33rd Annual Roth Conference Date: March 15-17, 2021 Time: Flexible (pre-recorded presentation) Webcast: https://wsw.com/webcast/roth35/tbrd/1825596 Website: www.roth.com/Page/Corporate-Access-Conferences International Investment Afternoon - Women in Leadership Date: March 17, 2021 Time: 7:00 a.m. PT/10:00 a.m. ET Webcast: https://us02web.zoom.us/webinar/register/WN_H6yKtvRKTACu3tyvdFYiKQ Website: www.dealgateway.com/events/ The Lytham Partners Spring 2021 Investor Conference Date: March 30 April 1, 2021 Webcast: https://thunderbird.tv/events/ Website: https://lythampartners.com/virtual/spring2021/ Thunderbirds Jennifer Twiner McCarron will also be participating in the following events in honour of International Womens Day: OTCQX Market Open on International Women's Day Ms. Twiner McCarron will join inspiring female leaders of OTCQX traded companies, such as Janet Silveria (CEO of Community Bank of Santa Maria), Melinda Rombouts (CEO of Eve & Co), and Janet Lee-Sheriff (CEO of Golden Predator Mining) to celebrate the Market Open. Date: March 8, 2021 Time: Market Open (6:30 a.m. PT/9:30 a.m. E T) Website: www.otcmarkets.com/ The C-Suite at The Open (TSX, TSXV) Ms. Twiner McCarron will be featured in a March video series intended to shine a spotlight on female leaders on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). Date: March 2021 Website: www.tsx.com/listings/tsx-and-tsxv-issuer-resources/c-suite-at-the-open About Thunderbird Entertainment Group Thunderbird Entertainment Group is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with additional offices in Los Angeles, Toronto, and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the worlds leading digital platforms, as well as Canadian and international broadcasters. Thunderbirds vision is to produce high quality, socially responsible content that makes the world a better place. The Company develops, produces, and distributes animated, factual, and scripted content through its various divisions, including Thunderbird Kids and Family (Atomic Cartoons), and Thunderbird Factual and Scripted (Great Pacific Media). The Company also has a division dedicated to global distribution and consumer products. Thunderbird is on Facebook, Twitter, and Instagram at @tbirdent. For more information, visit: www.thunderbird.tv.
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Thunderbird Entertainment Announces Virtual Investment Conference Schedule for March 2021
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BOSTON, Oct. 14, 2020 /PRNewswire/ --Creatio, a global software company providing a leading low-code platform for process management and CRM, today announced featured speakers for their 24-hour virtual conference, ACCELERATE Global. Visionaries from different industries will be discussing trends, making predictions and sharing insights to guide the audience of this one-of-a-kind virtual event through the process of creating a future-proof low-code company. Attendees are invited to join the following sessions to learn about the latest digital and business trends, and take a peek into the future: Katherine Kostereva, CEO and Managing Partner, Creatio Topic: Creating a low-code company - the time is now! Kate Leggett, VP, Principal Analyst, Forrester Research Topic: Top Five CRM Megatrends for 2021 Digital Leaders Need to Prepare to Drive Engagement, Relationships, and Revenue Paul Greenberg, Managing Principal of The 56 Group, LLC, author of the best-selling "CRM at the Speed of Light" Topic: The Changing Face of Business Transformation in a New Normal Barton Goldenberg, Founder and President, ISM Inc. Topic: Digital Transformation - removing the roadblocks in the path to building a low-code company Dr. Chris Parry, Rear Admiral, CBE PhD, Churchill College, Cambridge Topic: Acceleration how fast can you go? A sneak peek into the future of public, corporate and private space Frank Diana, Managing Partner, Futurist, Tata Consultancy Services Topic: Reimagining the Future: post-pandemic society Keith Harmeyer, Innovation Catalyst, Founding Partner at SmartStorming Topic: Acceleration Alchemy 2020: Innovating Your Way to Success in a Changing World Alisa Sheyn, Technology & Operations Executive, 2019 CIO Executive Council "Ones To Watch" Award Winner, Pluralsight Topic: The Evolution of Digital Transformation From COVID-19 and beyond Jonathan Gaines, VP of Inside Sales, BSN Sports Topic:A low-code approach to unlocking human-centric customer engagements: BSN Sports' Recipe Mark Settle, Seven time CIO and two time author Topic: Winning IT strategy: integrated unified system vs a range of best-of-breed apps? Dr. Ashok Suppiah, Co-Founder and CEO, Mitra Innovation Topic: Why low-code CRM is the right investment for CIOs in 2020 The full 24-hour ACCELERATE Global's agenda is available on the event webpage. Save the date: October 28th, 2020 and join the eventin your time zone and language to learn how to create a low-code company! About Creatio Creatio is a global software company providing a leading low-code platform for process management and CRM. The company has been highly recognized as a market leader by key industry analysts. Its intelligent products accelerate sales, marketing, service and operations for mid-size and large enterprises. Together with hundreds of partners Creatio operates in 110 countries worldwide. For more information, please visit www.creatio.com Media contact:Vera Mayuk[emailprotected]617-765-7997 SOURCE Creatio
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Creatio Announced Featured Speakers for its 24-Hour Virtual Conference, ACCELERATE Global
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CHICAGO, Oct. 22, 2020 /PRNewswire/ -- Syntellis Performance Solutions, a leading provider of enterprise performance management (EPM) software, data and analytics solutions, announced that nine healthcare organizations have recently chosen Axiom Rolling Forecasting, joining the more than 2,800 organizations already using the Axiom Enterprise Planning Suite. They include Avera Health, Enloe Medical Center, Genesis Health System, Health Alliance Plan of Michigan, HealthPartners, Lake Regional Health System, Mason General Hospital & Family of Clinics, Nicklaus Children's Hospital and Northfield Hospital & Clinics. Axiom Enterprise Planning features a rolling forecasting solution that leverages timely data and sophisticated analytics to provide healthcare professionals with the flexibility required to adjust to highly unpredictable and complex short- and long-term factors. Responding to market demand early in the pandemic, Syntellis released a rapid deployment model for Axiom Rolling Forecasting in April, which combines scenario-modeling and machine-learning techniques to help healthcare leaders made data-driven 2020 budget adjustments and create action plans for financial performance improvement. "Finance leaders are challenged to improve financial performance at a time when macro and microeconomic conditions are uniquely complex. With rolling forecasting, actual performance data combined with modeling gives a better understanding of how future conditions can influence strategic decisions, organizational initiatives, plans and expenditures driving financial performance improvement across a healthcare organization," said Kermit S. Randa, CEO at Syntellis Performance Solutions. "We're grateful to be partnering with these leading healthcare organizations as they navigate COVID-19 and beyond." Fewer than half of healthcare organizations have traditionally relied on rolling forecasts, with most favoring annual budgets instead, according to the 2020 Healthcare Financial Outlook study prepared by Syntellis, but COVID-19 is changing that. Drastic reductions to hospital revenue and increased costs from the pandemic have highlighted the value of rolling forecasting, which reexamines financial information at a regular cadence to provide timely visibility into changing financials. Prevea Health incorporated Axiom Rolling Forecasting into its annual budgeting and long-range planning processes to address fluctuating patient volumes due to COVID-19. "Syntellis Rolling Forecasting is very important as we're not in a steady state of operations and things are constantly changing," said Lorrie Jacobetti, senior vice president and CFO of Prevea Health. "Having the flexibility to forecast a few months at a time out into a year and having that model constantly change will get us a better financial picture of where we stand. This is more predictive for us, and we're able to incorporate it into our everyday operations." Rolling forecasting not only influences current expenditures and initiatives, but also strategic decisions and future endeavors. "The agility and visibility that rolling forecasting provides help healthcare leaders adjust strategy quickly as financial conditions change not only during the pandemic, but over the next year or two, as the continued impact of COVID-19 is felt," Randa said. About Syntellis Performance SolutionsSyntellis Performance Solutions, previously Kaufman Hall Software, provides innovative enterprise performance management software, data and analytics solutions for healthcare organizations. Its solutions include enterprise planning, cost and decision support, and financial and clinical analytics tools to elevate organizational performance and transform vision into reality. With over 2,800 organizations and 450,000 users relying on its Axiom and Connected Analytics software, combined with No. 1 rankings from Black Book Research and a HFMA Peer Review designation for six consecutive years, Syntellis helps healthcare providers acquire insights, accelerate decisions and advance their business plans. For more information, please visitwww.syntellis.com. Press Contact:Philip AnastAmendola Communications (for Syntellis Performance Solutions)Email: [emailprotected]Phone: 312-576-6990 SOURCE Syntellis Performance Solutions, LLC
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Healthcare Finance Professionals Accelerate Adoption of Syntellis' Axiom Rolling Forecasting to Inform Performance Improvement Decisions amid COVID-19 Pandemic Need for Timely Data and Sophisticated Analytics Prompts Widespread Implementation of Forecasting Tool
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WESTON, Fla., Feb. 26, 2021 /PRNewswire/ --Cantex Pharmaceuticals, Inc., a clinical stage biopharmaceutical company developing proprietary pharmaceuticals for the treatment of inflammatory lung diseases and cancer, today announced that Chimerix, Inc. (NASDAQ:CMRX), worldwide licensee of Cantex's DSTAT investigational product, yesterdayreported promising results of the first cohort of patients hospitalized with COVID-19-associated Acute Lung Injury (ALI), suggesting that dociparstat sodium (DSTAT) may accelerate recovery from ALI, as well as mitigate thrombotic events in such patients. A copy of Chimerix' press release and detailed information can be found athttps://ir.chimerix.com/news-releases/news-release-details/chimerix-reports-promising-topline-results-first-cohort Stephen G. Marcus, M.D., CEO of Cantex, commented: "We are very pleased that our ongoing collaboration under our license agreement with Chimerix has led to early promising results in the important setting of the treatment of hospitalized patients with COVID-19 infection. In the context of the Joint Development Committee established at the time of the license agreement, Cantex will continue to support the development of DSTAT for ALI, acute myeloid leukemia (AML), and other important indications." AboutCantex Pharmaceuticals, Inc. Cantex Pharmaceuticals, Inc. is a clinical stage pharmaceutical company focused on developing novel treatments for inflammatory lung diseases and cancer. Cantex's pipeline consists of two product candidates Dicopp and DSTAT. Both drugs are in clinical development for diseases where innovative and more effective treatments are urgently needed. Dicopp, which is an orally-administered proprietary combination of disulfiram + copper, is being developed for the treatment of long-term complications of COVID-19 infection. A Phase 2 clinical study of Dicopp as a treatment of the prolonged disabling complications of COVID-19 infection commonly known as "Long Haul COVID-19", is expected to begin in 2021. A separate Phase 2 clinical study of Dicopp in relapsed/refractory myeloma is expected to begin in early 2021. DSTAT, licensed to Chimerix in July 2019, is currently being studied in two disease indications, COVID-19-associated ALI and AML, and has other potential indications. Cantex remains involved in the continued development of DSTAT via a Joint Development Committee with Chimerix. In COVID-19-associated ALI, DSTAT is currently the subject of an ongoing Phase 2/3 clinical trial. Chimerixrecently opened clinical trial sites and is ready to begin screening patients for its 570-subject Phase 3Dociparstat inAML withStandard Chemotherapy (DASH AML) study of DSTAT for the treatment of AML. For more information, please visitwww.cantex.com. CONTACT:Stephen Marcus, M.D.CEOCantex Pharmaceuticals, Inc.Tel: 954-315-3660 SOURCE Cantex Pharmaceuticals, Inc.
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Chimerix, Exclusive Worldwide Licensee of Cantex's Investigational Product, DSTAT, Has Announced Promising Topline Results from the First Cohort of a Randomized COVID-19 Clinical Trial
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STOCKHOLM, June 5, 2020 /PRNewswire/ -- Bambuser AB has entered into a pilot agreement worth SEK 350,000 with one of the world's largest retail companies. The agreement concerns Live Video Shopping for one brand in one market during the pilot phase, which lasts for a total of three months. Bambuser AB has signed a pilot agreement for Live Video Shopping with one of the world's largest and most established retail chains. The customer in question is a global fashion group with a portfolio of several brands established in over 50 online markets with approximately 179,000 employees and a total net sales of SEK 233 billion for the 2019 financial year. The agreement gives the customer the right to use Live Video Shopping at a fixed cost of SEK 350,000 for one of the Group's brands in one market during the pilot phase, which lasts for a total of three months. - Great to see Live Video Shopping being used by yet another world-leading group. We see the pilot agreement as a natural first step in what will hopefully be a very strategic and long-term partnership, something that would take Bambuser to new heights, says Maryam Ghahremani, CEO of Bambuser. This is information that Bambuser AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact persons set out below, on 5 June 2020.Bambuser was founded in 2007 as the world's first company with a platform for interactive mobile live video broadcasting and is a leading supplier in the live video segment. In 2019, Bambuser introduced Live Video Shopping, which enables live shopping directly on the brand's website. Bambuser is listed on the Nasdaq First North Growth Market and is headquartered in Stockholm. Contact informationMaryam Ghahremani, CEO | +46-8-400-160-02 | [emailprotected] or visit bambuser.com/ir Certified AdviserErik Penser Bank AB | +46-8-463-83-00 | [emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/bambuser/r/bambuser-enters-a-pilot-agreement-for-live-video-shopping-with-one-of-the-world-s-largest-retailers,c3128772 The following files are available for download: https://mb.cision.com/Main/15749/3128772/1259933.pdf Release SOURCE Bambuser
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Bambuser Enters a Pilot Agreement for Live Video Shopping with one of the World's Largest Retailers
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SAN FRANCISCO, April21, 2021 /PRNewswire/ --GrubMarket today announced it has completed the acquisition of Jana Food, a highly reputableand well-established halal and ethnic food wholesaler in Texas. Jana Foodis a full-service provider and a key sourcing channelfor halal and ethnic protein,serving the broader Dallas-Fort Worth area. Jana Food was started by Nader Ahmadin 1992 and wasa family-owned and operated business based in Arlington, Texas. Since inception, Jana Food has expanded its reach across the whole Dallas Fort Worthmetroplex. Jana Food's 100,000 sq ft facility providesover 4,000 products with a specialty focus on frozen foods, dry, fresh meats, and halal meat. Itsfleet of refrigerated trucksservescustomers all over the North Texas Region.Jana Foodwill continue to be managed by its current leadership team Ala Ahmad will serve as itsGeneral Manager. "We are excited to join the GrubMarket family and welcomethe excitinggrowth opportunities that GrubMarket's technology and network offer. We are committed to providing the highest quality service to our loyal customer base and thrilled to learn that GrubMarket shares this same mission of supporting farms and serving customers with the highest standard. We sincerely look forward to joining the GrubMarket Team. Together, we look to grow Jana Food to the next level of success," said Ala Ahmad, General Managerof Jana Food. "Ranchers and farmersin the Jana Foodnetwork take pride in catering to a highly specialized market audienceand hold their productsto the highest standards.Their commitment to sustainable food sourcingand outstanding service is a testament to its longstanding success in the North Texas Region. I am pleasedto welcome the Jana Foodteam to the GrubMarket familyas we further strengthen our position in Texas. Together,we will build a largercustomerbase and a stronger network in the food ecosystem nationwide." Lastly, Jana Foodwill now be able to utilize GrubMarket's innovative proprietary WholesaleWare software suite, the company's Software-as-a-Service platform providing food industry suppliers and vendors with seamless financial management, easy-to-use online ordering and sales, precise inventory management, and engaging CRM tools. About GrubMarket Founded in 2014, GrubMarket is a San Francisco-based food technology startup operating in the space of food ecommerce both B2B & B2C as well asproviding related software-as-a-service solutions to solve inefficiencies in the American food supply chain. Currently, GrubMarket operates in California, Washington, Texas, Michigan, New York and Massachusetts, with plans to expand to other parts of the country. For Media Inquiries: GrubMarket Media Team[emailprotected](510) 556-4786 GrubMarket1925 Jerrold Ave.San Francisco, CA. 94124 SOURCE GrubMarket Related Links http://www.grubmarket.com
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GrubMarket Acquires Jana Food to Expand to Dallas GrubMarket continues to bolster its nationwide food supply chain presence with the acquisition of Jana Food, a significant player in halal and ethnic food markets in the broader Dallas-Fort Worth area. This marks GrubMarket's third acquisition in Texas within five months.
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PORTLAND, Ore., April 20, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Digital Transformation in BFSI Market by Component (Solution and Service), Deployment Model (On-premise and Cloud), Enterprise Size (Large Enterprises and Small and Medium Enterprises), End User (Banks, Insurance Companies and Others), and Technology (Artificial Intelligence, Cloud Computing, Blockchain, Big Data and Business Analytics, Cyber Security and Other): Global Opportunity Analysis and Industry Forecast, 20202027." According to the report, the global digital transformation in BFSI industry generated $52.44 billion in 2019, and is estimated to garner $164.08 billion by 2027, registering a CAGR of 15.4% from 2020 to 2027. Drivers, restraints, and opportunities Rise in need of digital services among the fintech companies, exploration of digital channels to roll out new services, and surge in customize IT solutions for specific banking needs drive the growth of the global digital transformation in BFSI market. However, security and privacy concerns hinder the market growth. On the other hand, rise in adoption of advance technology AI and machine learning and increase in adoption of digital services among the developing nations of Asia-Pacific and LAMEA present new opportunities in the coming years. Download Sample PDF (280 Pages): https://www.alliedmarketresearch.com/request-sample/10935 Covid-19 Scenario The outbreak of the pandemic has significantly pushed the demand for blockchain technology in the BFSI sector. This is mainly because of large number of banking and fintech industries adopting block chain technology for providing secure and safe transaction channels for their customers. Furthermore, factors such as rise in need for transactions transparency and accountability, and greater adoption in cross-border payments propel the requirement of block chain technology in the pandemic situation. The solution segment to maintain its lead position throughout the forecast period Based on component, the solution segment contributed to the highest market share in 2019, accounting for nearly three-fourths of the global digital transformation in BFSI market, and is projected to maintain its lead position throughout the forecast period. This is owing to increase in focus on customer acquisition among bankers, rise in investment on solution for faster loan processing, and management of established communication between bank professionals & customers. However, the services segment is estimated to witness the highest CAGR of 18.3% from 2020 to 2027, owing to fast deliveries (2-3 days) of goods offered by these services worldwide. Get detailed COVID-19 impact analysis on the Digital Transformation in BFSI Market: https://www.alliedmarketresearch.com/request-for-customization/10935?reqfor=covid The big data and analytics segment to maintain its leadership status during the forecast period Based on industry vertical, the big data and industry analytics segment held the highest market share, contributing to nearly one-third of the global digital transformation in BFSI market in 2019, and will maintain its leadership status during the forecast period. This is due to surge in adoption of big data analytics software by various organizations to deliver enhanced & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner. However, the block chain segment is expected to portray the largest CAGR of 19.6% from 2020 to 2027. This is attributed to the factors such as increase in need for transactions transparency and accountability and greater adoption in cross-border payments. North America continues its dominant share in terms of revenue by 2027 Based on region, North America contributed to the highest share in 2019, holding nearly two-fifths of the global digital transformation in BFSI market, and will continue its dominant share in terms of revenue by 2027. The demand for digital Transformation in BFSI is growing in the North America owing to number of market players indulged in various developments such as partnership, product launch, and collaboration. However, the market across Asia-Pacific region is projected to maintain the fastest CAGR of 18.1% during the forecast period. This is attributed the growth in banking and financial industry in developing nations of China and India and surge in digitization across various developing nations. Interested in Procure Data? Visit Here: https://www.alliedmarketresearch.com/purchase-enquiry/10935 Leading market players Accenture Alphasense Inc. Cognizant FUJITSU Google, LLC HID Global Corporation International Business Machines Corporation Microsoft Corporation Oracle Corporation SAP SE. Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:https://www.alliedmarketresearch.com/library-access Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Similar Reports We Have: Robo Advisory MarketBy Business Model (Pure Robo Advisors and Hybrid Robo Advisors), Service Provider (FinTech Robo Advisors, Banks, Traditional Wealth Managers, and Others), Service Type (Direct Plan-Based/Goal-Based and Comprehensive Wealth Advisory), and End User (Retail Investor and High Net Worth Individuals [HNIs]): Global Opportunity Analysis and Industry Forecast, 20202027 Contactless Payment Marketby Device Type (Smartphones & Wearables, Smart Cards and Point-of-sale (POS) Terminals), Application (Food & Groceries, Pharmacy & Drug Stores, Restaurants & Bars, Consumer Electronics, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 20202027 Core Banking Solutions Marketby Component (Solution and Service), Deployment Model (On-Premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises [SMEs]), Type (Enterprise Customer Solutions, Loans, Deposits, and Others), and End User (Banks, Credit Unions & Community Banks, and Others): Global Opportunity Analysis and Industry Forecast, 20202027 Digital Lending Platform MarketBy Component (Software and Service), Deployment Model (On-Premise and Cloud), Type (Decision Automation, Collections & Recovery, Loan Processing, Risk & Compliance Management, and Others), and Industry Vertical (Banks, Insurance Companies, Credit Unions, Savings & Loan Associations, Peer-to-Peer Lending, and Others): Global Opportunity Analysis and Industry Forecast, 20202027 RegTech Marketby Component (Solution and Services), Deployment Type (On-Premises and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Application (Anti-money Laundering (AML) & Fraud Management, Regulatory Intelligence, Risk & Compliance Management, Regulatory Reporting, and Identity Management), End User (Banks, Insurance Companies, FinTech Firms, IT & Telecom, Public Sector, Energy & Utilities, and Others) : Global Opportunity Analysis and Industry Forecast, 20202027 Artificial Intelligence in BFSI Marketby Offerings (Hardware, Software, and Services), Solution (Chatbots, Fraud Detection & Prevention, Anti-Money Laundering, Customer Relationship Management, Data Analytics & Prediction, and Others), Technology (Deep Learning, Querying Method, Natural Language Processing, and Context Aware Processing) : Global Opportunity Analysis and Industry Forecast, 20192026 Pre-Book Now with 10% Discount: Payment Card Marketby Type (Credit Card, Debit Card, ATM Cards, Charge Card, Stored Value Card, Fleet Card, Gift Card, and Others), and Technology (Embossing, Magnetic Stripe, Smart Card, Payment Cloud, Proximity Card, Re-Programmable Magnetic Stripe Card, and Others): Global Opportunity Analysis and Industry Forecast, 20192026 Payment Processing Solution Marketby Using Industry (Hospitality and Telecom & Utilities) and Payment Method (Credit Cards, E-wallet, and Debit Cards): Global Opportunity Analysis and Industry Forecast, 20192026 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based inPortland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact us: David Correa5933 NE Win Sivers Drive#205,Portland, OR97220United StatesToll Free: 1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India(Pune): +91-20-66346060Fax: +1-855-550-5975[emailprotected]Web:https://www.alliedmarketresearch.comFollow Us on:LinkedIn|Twitter SOURCE Allied Market Research
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Digital Transformation in BFSI Market to Reach $164.08 Bn, Globally, by 2027 at 15.4% CAGR: Allied Market Research Rise in need of digital services among the fintech companies, exploration of digital channels to roll out new services, and surge in customize IT solutions for specific banking needs drive the growth of the global digital transformation in BFSI market
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CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president investor relations, Imperial Oil Limited, will host the company's 2020 Investor Day on Thursday, November 19. The event begins at 8 a.m. MT (10 a.m. ET) and will be accessible by webcast. At Investor Day, Imperial's management team will provide an update on the companys operations and business strategy, followed by a question-and-answer session. Please click here [https://edge.media-server.com/mmc/p/gadpjdfk] to register for the live webcast of Imperial's 2020 Investor Day. The webcast will be available for one year on the companys website at www.imperialoil.ca/en-ca/company/investors. After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canadas energy resources. As Canadas largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.
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Imperial to hold virtual 2020 Investor Day on November 19
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NEW YORK--(BUSINESS WIRE)--Communications Week, the cross-industry event for public relations, marketing and media professionals, and Brella, the leading event platform for virtual, physical and hybrid events, have joined forces to transform Communications Week 2020 into an innovative, digital-first experience. Brella, the company enabling thousands of top events such as Coindesk and LendIt to pivot to fully virtual offerings, is rooted in making networking at conferences a more seamless, authentic and engaging experience. Brella matches attendees based on their industry and interest areas through its proprietary AI-powered algorithms. From there users have the ability to book virtual meetings, chat with attendees directly, and enjoy high-quality programming all through one platform. Since March, Brella has seen its request for platform demos increase by 300 percent and has helped facilitate more than one million meetings in 2020. According to our data, 89 percent of people attend events to meet people and make connections, said Jani Lehtimki, co-founder of Brella. In the digital-first climate that were currently living in, and the worlds leading in-person networking opportunities on pause, we can offer the one thing that typical virtual events lack: connections. Were very excited to partner with Communications Week and enhance its global footprint by providing attendees a platform to network and engage with other professionals, no matter where they are tuning in from. Brellas data found virtual events are seeing 30 percent more engagement than physical conferences. Through the partnership with Brella, Communications Week attendees will have the opportunity to attend live virtual sessions as well as have time dedicated to networking creating an atmosphere for organic connections. Communications Week attendees must register for the event to receive exclusive access to the Brella platform and the weeks programming led by industry luminaries. Our audience attends Communications Week year after year for the experience we provide and industry connections we enable, said Tiffany Guarnaccia, founder of Communications Week. This years conference theme is Connections, which is more important than ever in our current virtual environment. Partnering with Brella allows us to take our mission a step further, broadening attendance to a virtual, global audience, and ensuring our attendees receive the same quality experience they expect, without skipping a beat. Communications Week 2020 will take place October 19 - 23, 2020. To gain access to Communications Week via Brella, and for more information on this years programming, please register at https://www.eventbrite.com/e/connections-2020-october-19-23-registration-120383723959. About Communications Week Communications Week was founded in 2014 to bring together the greatest minds in PR and media. The biggest industry organizations and media outlets have been supporters of the week since the event's inception. Every year, Communications Week pinpoints some of the most pressing issues that the industry is facing. As the conference continues to grow, it attracts professionals from various levels of the marketing, media and communications industries. Designed to be the voice of many and not just one, Communications Week also holds sessions geared towards business professionals who are impacted by new communications trends, from HR professionals to entrepreneurs looking to understand how to measure PR. In 2018, Communications Week expanded globally with events in New York, Toronto, London and Hamburg. Communications Week was founded by Tiffany Guarnaccia, Founder and CEO of Kite Hill PR, a specialty communications agency. Kite Hill PR is the organizer of Communications Week worldwide. For more information visit www.commsweek.com. About Brella Brella is the leading event platform for virtual, physical, and hybrid events, with a presence in over 60 countries. The worlds leading conferences and exhibitions trust Brella to power their events with relevant content, quality networking and multiple revenue-generating opportunities, based on 5 solid years of virtual event experience. And with meticulous reporting and analytics on meetings, trending topics, and buyer intent, event organizers can deliver measurable exposure and transparent return on investment (ROI) for all their exhibitors, sponsors, and partners consistently and easily. Brella has facilitated connections between millions of participants at both physical and virtual events and is on a mission to bring attendees together around the world for memorable, relevant, and engaging meetings. From cinching your next investment round to finding a new job to meeting a new research partner, and much more, meeting the right person one-on-one changes everything. Visit www.brella.io for more information.
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Global Conference, Communications Week, Taps Leading Event Platform Brella for Transformative Digital-First Experience
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AMES, Iowa--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK) today announced it has extended its cloud platform capabilities to help companies meet the rapidly changing landscape of Environmental, Social and Governance (ESG) reporting with a fit-for-purpose ESG solution. The end-to-end solution allows businesses to keep pace with the demand from regulators, ratings agencies, institutional investors and other stakeholders for trusted, transparent data and proof of ESG forward-looking business goals. Workiva has years of experience solving complex business problems for the worlds largest organizations, including managing and reporting financial, non-financial and ESG data and meeting changing regulations head on, said Julie Iskow, chief operating officer of Workiva. There is a powerful motivation for organizations to report ESG data alongside the balance sheet to provide a broader company valuation. Workiva is uniquely qualified to deliver innovative technology solutions that enable global organizations to make sense of the complex ESG ecosystem and achieve greater transparency and accountability. The ESG reporting process requires organizations to capture and manage data from many financial and non-financial data sources. The data must then be organized and mapped to multiple reporting standards from agencies such as the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI) and the Task Force on Climate-related Financial Disclosures (TCFD), and be disclosed to rating agencies and shareholders. Workivas integrated ESG solution brings together teammates, datasets and data sources to deliver high-quality disclosures to important stakeholders. The ESG solution features the following integrated capabilities: We expect that ESG will continue to evolve and further drive the adoption of our Workiva platform across our customers organizations, added Iskow. We will continue to develop innovative functionality and features that address the evolving ESG disclosure requirements of company stakeholders. Workiva possesses the domain expertise to solve complex problems with years of experience helping over 3,700 companies across 180+ countries, and is backed by a large network of more than 75 advisory partners. To learn more about Workivas fit-for-purpose ESG solution, visit workiva.com/solutions/esg-reporting. About Workiva Workiva Inc. (NYSE: WK) simplifies complex work for thousands of organizations worldwide. Customers trust Workivas open, intelligent and intuitive platform to connect data, documents and teams. The results: improved efficiency, greater transparency and less risk. Learn more at workiva.com. Request a Workiva demo: www.workiva.com/request-demo Read the Workiva blog: www.workiva.com/blog Follow Workiva on LinkedIn: www.linkedin.com/company/workiva Like Workiva on Facebook: www.facebook.com/workiva/ Follow Workiva on Twitter: www.twitter.com/Workiva Follow Workiva on Instagram: www.instagram.com/workivalife
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Workiva Cloud Platform Simplifies and Accelerates ESG Reporting for Companies Across the Globe Connected Cloud Technology, Global Footprint and Regulatory Expertise Uniquely Position Workiva to Solve ESG Data and Reporting Challenges
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SAN FRANCISCO, Dec. 10, 2020 /PRNewswire/ --LendingHome, one of the nation's largest lenders to real estate investors, today announced a $75 million Series E round and that the company's Board of Directors has appointed Michael Bourque as Chief Executive Officer. Benefit Street Partners, a leading credit-focused alternative asset management firm, led the fundraising round. Bourque will assume day-to-day leadership of the company and will also join LendingHome's Board of Directors. Bourque, a financial markets veteran, has served as LendingHome's Chief Operating Officer and Chief Financial Officer since he joined the company in August 2018. Matt Humphrey, LendingHome's co-founder, has stepped down from his role as Chief Executive Officer and will continue to serve on the Board of Directors. In addition, Richard Byrne, President of Benefit Street Partners, will join the Board of Directors. The funding and executive moves will drive all aspects of the business to sustain an aggressive pace of growth, deliver continued profitability, and accelerate the company's rapidly expanding leadership in the real estate investment market. Continue Reading LendingHome LendingHome Appoints Michael Bourque as Chief Executive Officer "It has been a great honor to serve as the CEO of LendingHome since founding the company in 2013, and I am incredibly proud of everything our team has accomplished together in the last seven years," said Humphrey. "We have built a high-growth, profitable fintech company that is number one in our market of residential real estate investment. I am excited for our next chapter as we leverage our world-class technology to partner with our customers beyond lending." "The Board and I are confident that Michael is the right person to build on this momentum," Humphrey continued. "He is a seasoned leader with significant experience working with financial markets, operating efficiently at scale, and delivering value to investors. And importantly, he cares deeply about each member of our team. We are lucky to have him as our next CEO." Bourque brings nearly 20 years of executive experience to the table. At General Electric, Bourque served in leadership positions in finance, audit, and financial planning roles, spanning various industrial manufacturing and financial services businesses. Prior to LendingHome, he served as the CFO of publicly traded mortgage servicer Ocwen Financial Corporation, which at the time was an organization of 10,000+ employees. "I know that I speak for everyone at LendingHome in thanking Matt for his leadership and tireless dedication to the company," said Bourque. "I am thrilled to assume this new role and for the future of the company. We are poised for substantial growth and are excited about closing this strategic investment from Benefit Street Partners. We have an exceptionally talented team at LendingHome that is focused on growing the business, continuing to innovate our products and channels in new and diverse ways, and unlocking future opportunities. I look forward to taking LendingHome to the next level."About LendingHomeLendingHome is now one of the nation's top fix-and-flip lenders with more than $6 billion in loans originated to date. Established in 2013, LendingHome makes it easy for professional and first-time real estate investors to quickly and reliably receive the financing they need for their projects and businesses to thrive. Using a powerful combination of innovative technology and expert advice, LendingHome has added flexibility and simplicity to every step of the borrowing process. For further information, please visit lendinghome.com. NMLS ID #1125207About Benefit Street PartnersBenefit Street Partners L.L.C. ("BSP") is a leading credit-focused alternative asset management firm with over $28 billion in assets under management as of October 31, 2020. BSP manages assets across a broad range of complementary credit strategies, including private/opportunistic debt, structured credit, high yield, special situations, and commercial real estate. Based in New York, the BSP platform was established in 2008. BSP is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. For further information, please visit www.benefitstreetpartners.com.Contact: Jenna Wohlwend [emailprotected]408.335.9135SOURCE LendingHome Related Links https://www.lendinghome.com
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LendingHome Appoints Michael Bourque as Chief Executive Officer and Closes $75 Million Series E to Drive Growth Co-Founder Matt Humphrey Remains on LendingHome Board Bourque Brings Proven Record Leading Financial Services Companies Benefit Street Partners Leads Series E Fundraise and Takes Board Seat
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PALO ALTO, Calif., Feb. 17, 2021 /PRNewswire/ -- Kinetic Communications Marketing, LLC (Kinetic) and Hoffman Power Consulting (Hoffman) today announced they are joining forces to help electric utilities, resilience solution providers such as microgrid companies, communities, and others better meet these communications challenges. From freezing temperatures and widespread outages in Texas to an unprecedented hurricane season, extreme weather and wildfires are increasing in severity and frequency across the nation. Yet, electric power industry entities and communities continue to struggle to mitigate these threats and effectively communicate with their stakeholders about them. "The year 2020 was a year of extremes, with a perfect storm of devastating wildfires in the west and a record-breaking Atlantic hurricane season not to mention the challenges COVID-19 posed," said Hoffman CEO Steve Hoffman. "These and other extreme events take lives, destroy property, and impair the quality of life for many." Despite these impacts, some studies have shown that the electric power industry was no better prepared in 2020 than in previous years to address these challenges. "We're integrating a sorely-needed combination of skills and experience in this industry," explained Kinetic Founder and Chief Consultant David Roznowski. "The Hoffman team has more than 100 years of combined utility industry expertise, and we're crisis communications experts." "For 35 years, we've worked with power industry clients to develop content that improves communication and solves business challenges," said Hoffman. "Incorporating Kinetic's proven expertise in crisis communications, strategic planning, and issues management will provide clients from both of our companies a more comprehensive, best-in-class solution." The two companies will continue to deliver some services separately, but will simultaneously build its joint activities. Planned collaborative offerings include content creation, social media, regulatory testimony and crisis communications planning and response. Kinetic Communications Marketing, LLC is a metro-Detroit based national public relations firm, founded by David J. Roznowski. The firm provides large agency and corporate experience to clients, but with a cost-effective, personal, attentive approach. Its team of professionals originate from major corporations and PR firms such as General Motors, BP North America, DuPont, Edelman, and Weber Shandwick. For more information visit www.kinetic-llc.com Hoffman Power Consultingof Palo Alto, Calif., consists of a relatively rare breed: power industry technical experts who are excellent writers. A content creation agency specializing in the electric power industry, Hoffman has produced more than 1,000 documents of varying types and for various audiences, ranging from one-page summaries to 300-page reports. To learn more, visit www.hoffmanpowerconsulting.com. Hoffman Power Consulting is a DBA of Hoffman Marketing Communications, Inc. (a California corporation). SOURCE Kinetic Communications Marketing, LLC
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Texas Grid Crisis Highlights Need To Enhance Electric Power Resilience To Extreme Weather, And Improve Communication Between All Stakeholders A content creation agency and a strategic consulting firm ally to enhance communication between electric power industry and community stakeholders in this era of extremes.
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NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday February 25th, 2021, it will issue financial results for the quarter ending December 31, 2020. The company will conduct a conference call at 4:30 p.m. (ET), following the release of its earnings announcement. A live audio webcast of the call will be available on the Investors homepage of iHeartMedias website (https://investors.iheartmedia.com/) beginning at 4:30 p.m. (ET) on February 25th. The conference call can also be accessed by dialing (833) 350-1328 (domestic) or (236) 389-2425 (international) using PIN number 5754819. Please call five minutes in advance to ensure that you are connected prior to the call. An audio replay of the call will be available beginning at 7:30 p.m. (ET) on February 25th in the Events & Presentations section of iHeartMedias Investors home page, and at (800) 585-8367 (domestic) or (416) 621-4642 (international) using PIN number 5754819. The earnings release and any other information related to the call will be accessible on the Investors home page of iHeartMedias website. About iHeartMedia, Inc. iHeartMedia (Nasdaq: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month - and with its quarter of a billion monthly listeners, has a greater reach than any other media company in the U.S. The companys leadership position in audio extends across multiple platforms including more than 850 live broadcast stations; streaming music, radio and podcasts via its iHeartRadio digital service available across more than 250 platforms and 2,000 devices including smart speakers, digital auto dashes, tablets, wearables, smartphones, virtual assistants, TVs and gaming consoles; through its influencers; social; branded iconic live music events; and podcasts as the #1 podcast publisher globally. iHeartMedia also leads the audio industry in analytics and attribution technology for its marketing partners, using data from its massive consumer base. Visit iHeartMedia.com for more company information.
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iHeartMedia, Inc to Report Quarterly Financial Results on February 25, 2021
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ROTTERDAM, Netherlands, LONDON, NEW YORK, ATLANTA, BRUSSELS, PERTH, Australia,BERLIN andPARIS, April 19, 2021 /PRNewswire/ -- Anywhere365,the largest cloud dialogue management platform for the Microsoft 365 ecosystem, extends its family of products with the Anywhere365 Attendant Console for Microsoft Teams. The new service provides telephone operators with a range of modern and intelligent reception features to enable spotless calls throughout the business. A Receptionist's Best Friend According to founder and CEO of Anywhere365 Gijs Geurts, the browser-based attendant console is set to become the receptionist's best friend: "It's a highly intuitive solution to bring the best experience to suppliers, customers and co-workers. That's why we've invested a lot of time in creating extremely-easy-to-use widgets. All natively attached to Microsoft Teams." 20+ Years Track Record Anywhere365 Attendant Console for Microsoft Teams is a modern solution, leveraging the 20+ years track record of PeterConnects. This market leading cloud Receptionist Console vendor was acquired by Anywhere365 in 2020. "Customers value the way our flagship product Dialogue Cloud reduces unnecessary dialogues in contact centers and internal service desks. It is our ambition to achieve these significant efficiencies in reception attendant operations as well," said CEO Geurts. Attendant Console is available in several languages. About Anywhere365 Anywhere365 was founded on the vision to reduce all unnecessary dialogues in unified communications. Its Dialogue Cloud enables the right information to reach the right person at the right time, no matter the location or channel. The Anywhere365 Dialogue Management products are award-winning and found in 1,800+ of the largest international enterprises, such as Rabobank, Credit Suisse, Philips, Nestl and more than 30 Fortune 500 companies. Anywhere365 has offices in the USA, UK, Australia, Canada, Germany, Belgium France and the Netherlands (HQ). www.anywhere365.io SOURCE Anywhere365 Related Links https://anywhere365.io
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Anywhere365 Launches Attendant Console for Microsoft Teams USA - English France - Franais Deutschland - Deutsch Espaa - espaol
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GATINEAU, Quebec--(BUSINESS WIRE)--The Digital Identity Laboratory of Canada (the IDLab) is pleased to announce the reception of several grants from public and private sectors, including a 1.5M$ non-repayable contribution from Canada Economic Development for the Regions of Quebec. Accenture, Deloitte, Interac Corp. and KPMG are the newest thought leaders and founding sponsors supporting the mission of the IDLab. Other founding members and partners include Quebec government, Converge Technology Solutions, EQ bank, Sagard Holdings and the city of Gatineau. Founded in February 2020, the IDLab is Canadas only independent and neutral organization that promotes the compliance of and interoperability between digital ID solutions across public and private sectors. The IDLab is bridging a crucial gap in the advancement of Canadas digital trust ecosystem by breaking down technology barriers to digital ID adoption. The $1.5M financial assistance from the Government of Canada was announced earlier today by the Honourable Mlanie Joly, Minister of Economic Development and Official Languages (Economic Development Agency of Canada for the Regions of Quebec). The Government of Canada assistance will further anchor the interoperability advancement, knowledge, jobs, infrastructure and other benefits associated with the IDLab in the future Gatineau Cyber Security Innovation Zone for years to come. Digital trust is more important than ever. The endorsement and financial support announced today will help us accelerate our contribution to the advancement and the promotion of interoperable and privacy respecting digital ID solutions said Pierre Roberge, founder and general manager of the Digital Identity Laboratory. Quotes The Government of Canada is proud to recognize and support businesses and organizations in sectors of activity that are a source of pride and good jobs in their communities. That is why we are providing our support to Quebecs regions, such as here in the Outaouais, where the cybersecurity sector is buzzing with activity. Through our support for the Digital Identity Laboratory of Canada we are helping businesses to protect themselves against cyberthreats and to better position themselves in relation to global competition. The Honourable Mlanie Joly, Member of Parliament for Ahuntsic-Cartierville, Minister of Economic Development and Official Languages and Minister responsible for CED The Government of Canada recognizes the need to intervene based on the strengths and assets present in each region. As such, CEDs support for the Digital Identity Laboratory of Canada, the Cgep de lOutaouais and In-Sec-M will enable our region to position itself at an advantage to participate in the coming recovery. Greg Fergus, Member of Parliament for HullAylmer and Parliamentary Secretary to the President of the Treasury Board and the Minister of Digital Government Todays announcement demonstrates that our government is fostering growth for all by strengthening the entrepreneurial fabric in the Outaouais and right across Canada. I am delighted with CEDs support for the Digital Identity Laboratory of Canada whose projects will translate into good jobs here at home, in addition to reinforcing Gatineaus position as an innovative leader in the global cybersecurity ecosystem. Steven MacKinnon, Member of Parliament for Gatineau and Parliamentary Secretary to the Minister of Public Services and Procurement Cybersecurity controls for small and medium-sized businesses are increasingly important in the digital economy. By obtaining relevant certifications, Canadian businesses will improve their competitive advantage by reassuring their clients, partners, investors and suppliers of the security of the valuable information they provide. Canadian businesses will thus be better placed to support international competitiveness, access new markets, develop and create good, well-paying jobs. William Amos, Member of Parliament for Pontiac and Parliamentary Secretary to the Minister of Innovation, Science and Industry (Science) We're excited to be part of an initiative that is key to helping enable trusted digital identity in Canada and unlocking the full potential of our country's digital economy," says Imraan Bashir, Partner & National Public Sector Cyber Leader, KPMG in Canada. "KPMG joining the Digital ID Lab demonstrates our commitment to support a robust pan-Canadian ecosystem that will prioritize security, privacy and interoperability for the benefit of all Canadians. Interac is pleased to support the Digital Identity Laboratory in its effort to advance the principles of openness and transparency for digital ID in Canada. By bringing together the public and private sectors and building digital ID with sound governance in mind, we can ensure Canadians benefit from trusted and secure digital ID experiences that enable and support new opportunities in the digital economy. Debbie Gamble, Chief Officer Innovation Labs and New Ventures. We believe that a strong Digital Identity ecosystem is critical to unlocking the digital economy in a way that both drives economic growth and protects Canadians privacy. We are proud to work with the IDLab to promote interoperability, reduce technological barriers, and accelerate adoption of these exciting digital solutions Esther Dryburgh, Digital Identity Lead at Deloitte. Iliana Oris Valiente, Canada Innovation Lead at Accenture says, A citizen-centric, interoperable, digital identity is the key to unlock significant value for all Canadians. Accenture is pleased to be a founding partner of the IDLab and continue to be an active contributor to building this ecosystem. About the Digital Identity Laboratory of Canada The IDLab is an independent non-profit entity dedicated to advancing digital trust by breaking down technology barriers to digital ID adoption. The IDLab promotes technical conformity and interoperability of user-centric digital identity solutions. The IDLab is not an incubator and does not develop or sell digital identity solutions. For more information, please visit www.idlab.org.
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Digital ID Laboratory received important Innovation contribution from Government of Canada Innovative non-profit furthers the advancement of digital trust by breaking down technology barriers to digital ID adoption
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LINCOLNSHIRE, Ill., Jan. 28, 2021 /PRNewswire/ -- Today, Klein Tools, a family-owned and managed hand tools manufacturer, announced it has earned the 2021 Top Workplaces USA award, issued by Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces. This is the inaugural year for Top Workplaces USA, built on the program's 14-year history surveying more than 20 million employees across 54 markets for the regional Top Workplaces awards.\ "As a 164-year-old representative of the American manufacturing industry, we are honored to receive this recognition as a Top Workplace in the United States," says Klein Tools Chairman Thomas Klein Sr. "We are especially proud of how all of our hardworking Klein Tools' employees, on the plant floors through senior leadership, have not only maintained, but also strengthened our company culture while processing and adapting to some of the most drastic operational challenges in recent memory." American manufacturing leader Klein Tools awarded for high marks in employee engagement and satisfaction. Tweet this Top Workplaces USA offers national recognition for large organizations, those with more than 150 employees, and those that may have operations in multiple markets. Several thousand organizations across the country were invited, and more than 1,100 participated in the Top Workplaces USA survey. Winners of the Top Workplaces USA list are chosen based solely on employee feedback gathered through an employee engagement survey, issued by Energage. Results are calculated by comparing the survey's research-based statements, including 15 Culture Drivers that are proven to predict high performance against industry benchmarks. "During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."About Energage... Making the world a better place to worktogether.Energage is a purpose-driven company that helpsorganizations turn employee feedback into useful business intelligence andcredibleemployerrecognitionthrough Top Workplaces.Built on 14 years of cultureresearch and the results from22 million employees surveyedacross more than 66,000 organizations,Energage delivers the most accuratecompetitive benchmarkavailable.With access to a unique combination ofpatented analytictoolsand expert guidance, Energage customersleadthe competitionwithanengagedworkforceandan opportunity to gainrecognitionfortheirpeople-firstapproach toculture.For more informationor to nominate your organization,visit energage.com or topworkplaces.com.About Klein Tools For Professionals, Since 1857Since 1857, Klein Tools, a family-owned and operated company, has been designing, developing and manufacturing premium-quality, professional-grade hand tools and related products. The majority of Klein tools are manufactured in plants throughout the United States and are the No. 1 choice among professional electricians and other tradespeople. For more information, visit www.kleintools.com. Klein is a registered trademark of Klein Tools, Inc.SOURCE Klein Tools Related Links http://www.kleintools.com
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Klein Tools Named in Energage 2021 Top Workplaces USA American manufacturing leader awarded for high marks in employee engagement and satisfaction
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JERSEY CITY, New Jersey, June 8, 2020 /PRNewswire/ -- Verified Market Research recently published a report, "Oligonucleotide Synthesis Market By Product (Synthesized Oligonucleotides, Equipment, Reagents), By End Use (Pharmaceutical and Biotechnology Companies, Diagnostic Laboratories, Hospitals, Academic and Research Institutes), By Applications (Research, Diagnostics, Therapeutics)". According to the report, Global Oligonucleotide Synthesis Market was valued at USD 1.71 billion in 2019 and is projected to reach USD 3.58 billion by 2027, growing at a CAGR of 10.45% from 2020 to 2027. Oligonucleotide Synthesis Market Analysis and Forecast, 2020-2027 Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=15651 Browse in-depth TOC on "Oligonucleotide Synthesis Market"156 - Pages31 Tables56 Figures Global Oligonucleotide Synthesis Market OverviewThe increased prevalence of synthesized oligos used in molecular diagnostics and clinical applications is the factor for rise in market growth. Oligos are chemically synthesized, and are applied in many relevant areas of scientific research and development. These have become a point of focus in Molecular Biology and Biotechnology, due to the synthetic DNA and cell-made DNA having similar structural and chemical qualities. The antisense oligonucleotides are applied to reduce the stages of protein synthesis by suppressing Micro RNA translation. This method is foundation of many therapies which are undergoing clinical trials for a variety of cancer treatments. The role of favorable government initiatives for the funding, and increased Research and Development disbursements in Pharmaceutical and Biotechnology Companies are causing a surge in the market revenue. The U.S. government have informed the major companies to produce a set of best practices for customer and sequence screening prior to manufacture. Taken together, these protocols guarantee that synthetic DNA is used to advance research that is designed and intended for public benefit. Upcoming technological advancements in gene editing techniques are likely to become a game changer in oligo synthesis. Recent progress in designing programmed nucleases, such as zinc-finger nucleases (ZFNs), transcription activator-like effector nucleases (TALENs) and clustered regularly interspaced short palindromic repeat (CRISPR)Cas-associated nucleases, has greatly accelerated the progress of gene editing from concept to clinical practice. The presence of a strong product range of oligonucleotide synthesis is also fueling the market growth. The oligonucleotides offer promising benefits for a wide range of medical assistances. In comparison with to small-molecular drugs as well as to large-molecule biopharmaceuticals, oligonucleotide pharmaceuticals are much more upfront to both design and develop. They allow for the development of therapeutics that affect protein targets that cannot be effectively treated by small-molecule or protein therapeutics. Other driving factors such as minimum sequencing cost, huge capital investments, public-private disbursements on Genomics are bound to increase the market revenue.The restraints observed are the increased costs and investments in synthesized oligos. There is dearth of rules and regulations for safe use of synthesized oligos. The lack of increased wages of skilled employees and technicians, scarcity of skilled professional and expertise to handle the synthesized oligos. The challenges faced are the Antisense Oligonucleotide undergoing delayed supply chain. There are flaws in synthesis methods which sharply reduce the amount of available drug substance, analytical methods are not well developed. It is quite cumbersome to handle the oligos synthesized on a large scale, and the delivery of oligonucleotides to specific targets still remains a drawback. The major players in the market are Agilent Technologies, Inc. (US), ATDBio Ltd. (UK), Bio-Synthesis, Inc. (US), BioAutomation Corporation (US), LGC Biosearch Technologies (US), Biogen International (US), Sarepta Therapeutics (US), Eurofins Genomics (Germany), Eurogentec (Belgium), GeneDesign, Inc. (Japan), GE Healthcare (US), GenScript, Inc. (US), Integrated DNA Technologies (IDT, US), Nitto Denko Avecia, Inc. (US), Sarepta Therapeutics (US), Thermo Fisher Scientific, Inc. (US), TriLink BioTechnologies (US), and Sigma-Aldrich Corporation (US) (a part of Merck KGAA).Verified Market Research has segmented the Oligonucleotide Synthesis Market On the Basis of Product, End Use, Application and Geography. Oligonucleotide Synthesis Market by Product Synthesized Oligonucleotides Equipment Reagents Oligonucleotide Synthesis Market by End Use Pharmaceutical and Biotechnology Companies Diagnostic Laboratories Hospitals Academic and Research Institutes Oligonucleotide Synthesis Market by Applications Research Diagnostics Therapeutics Oligonucleotide Synthesis Market by Geography North America U.S Canada Mexico Europe Germany France U.K Rest of Europe Asia Pacific China Japan India Rest of Asia Pacific ROW Middle East & Africa Latin America Browse Related Reports:Genome Editing Market Size by Technology (TALEN, CRISPR, ZFN), by Application (Animal Genetic Engineering, Cell Line Engineering, Plant Genetic Engineering), by End-Use Industry (Biotechnology & Pharmaceutical Companies, Academic & Government Research Institutes, Contract Research Organizations), by Geographic Scope And Forecast, 2020-2027Next Generation Sequencing (NGS) Market by Application (Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Agriculture and Animal Research), by Product & Services (Sample Preparation Consumables, HiSeq, MiSeq, Ion Torrent, SOLiD, Pacbio Rs II and Sequel System), by Technology (Sequencing by Synthesis, Ion Semiconductor Sequencing, Sequencing by Ligation, Pyrosequencing, Single Molecule Real Time Sequencing) and Forecast, 2020-2027Synthetic Biology Market By Tool and Technology (Oligonucleotides, Enzymes, Cloning Technology Kits), By Application (Medical Applications, Industrial Applications, Food and Agriculture, Environmental Applications), by Geographic Scope And Forecast, 2020-2017Non-Invasive Prenatal Testing (NIPT) Market by Application (Trisomy, Microdeletions Symptoms, Others), by Method (Biochemical Screening Test, Ultrasound Detection, Cell-Free DNA in Maternal Plasma Test), by Geographic Scope And Forecast, 2020-2027About UsVerified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.Contact UsMr. Edwyne FernandesVerified Market ResearchUS: +1-(650)-781-4080UK: +44-(203)-411-9686APAC: +91-(902)-863-5784US Toll Free: +1-(800)-782-1768Email: [emailprotected] Web: https://www.verifiedmarketresearch.com/ Follow Us: LinkedIn | TwitterSOURCE Verified Market Research
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Oligonucleotide Synthesis Market Worth $3.58 Billion, Globally, by 2027 at 10.45% CAGR: Verified Market Research The increased prevalence of synthesized oligos used in molecular diagnostics and clinical applications as well as minimum sequencing cost, huge capital investments, public-private disbursements on Genomics are the factors for rise in market growth
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HONOLULU--(BUSINESS WIRE)--The Sonic Fund II, L.P. (Sonic), which beneficially owns approximately 6.8% of the outstanding common stock of Adverum Biotechnologies, Inc. (NASDAQ: ADVM) (the Company or Adverum), announced today that it has filed a definitive proxy statement and GREEN proxy card with the SEC in conjunction with the 2021 Annual Meeting of Stockholders (the 2021 Annual Meeting) that the Company is rushing to hold on May 12, 2021. Sonic has nominated three independent, highly qualified director candidates Jean Bennett, Jodi Cook and Herbert Hughes (the Nominees) for election to the Adverum Board of Directors (the Board) to serve until the 2024 Annual Meeting. Sonic sent a letter to Adverum stockholders in connection with this filing. The full text of the letter is below and is also available at www.SaveAdverum.com. April 19, 2021 Dear Fellow Stockholders, Since 2018, The Sonic Fund II, L.P. (Sonic or we) has been a constructive investor in Adverum Biotechnologies, Inc. (NASDAQ: ADVM) (the Company or Adverum) and remains a steadfast believer in the tremendous potential of gene therapy for wet AMD to help patients. Over the last two years, however, we have grown increasingly dismayed at the Companys lack of progress in addressing significant management and operational deficiencies that have destroyed stockholder value. Sonic suspects that these concerns are shared by many other investors, sell-side analysts, retinal surgeons and other stakeholders. In our view, the root causes of these failures are abysmal corporate governance and failed oversight by the Board of Directors (the Board), which must be rectified immediately. Sonic has privately endeavored to assist the Company in enhancing its standing in the marketplace, identifying management and Board talent that management has been unable to attract on its own, and offering strategic input from the perspective of a major engaged stockholder. Adverums well-informed stockholders can dispassionately evaluate Sonics ideas for themselves and decide if the sitting Board would have better served stockholders by embracing them rather than spurning them. As part of these efforts, we recently presented the Board with five exceptionally well-qualified director nominees, including three women with exemplary scientific qualifications. These candidates represented some of the most talented drug development, gene therapy and ophthalmology professionals extant, as well a capital allocation expert to help address the Companys financial mismanagement. Rather than considering our nominees in good faith, Adverum instead elected to force a wholly unnecessary proxy contest. Consider that on March 15, Sonic privately sent a letter to Chair Patrick Machado detailing various governance failures of Adverum and presented him with five highly qualified independent individuals for Adverum to consider. In this letter we stated that our lawyers would reach out to Adverums external counsel to see if there was a possibility of a private settlement that was in the best interest of shareholders. Much to our surprise and disappointment, two days after our private letter, Adverum issued a confrontational public press release in which they rejected our nominees and named a slate of three individuals they planned to run. Consider that in its April 15 letter to stockholders, the Company notes that it intends to recruit a high-quality director with product and commercial gene therapy experience to be named in 2021. Given the unquestionable quality of the nominees we suggested to Adverum, we question why the Company has written them off and, according to the Companys disclosure, instead chosen to spend nearly $7 million to keep our independent nominees off a Board that, by their own admission, they intend to expand while denying you, the stockholder, any chance to vote on their unnamed 2021 appointment. This is neither normal nor appropriate. To make matters even worse, the Company has turned its back on good governance and a level playing field and has repeatedly attempted to use its corporate machinery to disenfranchise stockholders while hoping they wont notice ranging from misleading and contradictory statements about the number of directors up for election this year to flip-flopping guidance as to the future size of the Board. Upon close inspection, the past and future refreshments that Adverum references in its public statements constitute attempts to entrench the incumbent regime by ensuring that you can vote only for loyalists and known commodities. Sonics nominees offer you independent talent and new perspectives. It is your choice, and yours alone. On a related point, the Company fully understands they will need three female directors by the end of 2021 to comply with Sections 301.3 and 2115.5 of the California Corporations Code (implementing SB 826) (SB 826), the California Board gender diversity law. In fact, they are asking you to vote for a slate that they know will be non-compliant with applicable law at year-end, which may make you wonder what the Nominating and Governance Committee has been doing for the last year. It may even strike you as disingenuous of them to suggest that a planned addition referenced in the April 15 letter is part of their ongoing refreshment efforts. Additionally, even if the Company prevails in the proxy contest and adds an additional unelected female director afterwards, they will still be one short of the requisite number. Therefore, the Company will claim to be legally required to foist two presently undetermined female directors on stockholders without any vote. This begs the question of why the Company was and apparently remains so opposed to considering the three highly qualified women that we initially nominated. Sonic is committed to delivering the spectacular returns that long-suffering stockholders of Adverum deserve. We think that requires a dramatic upgrade to the Companys governance and directors committed to rigorous management oversight. We need to prevent another massive hit to the stock price resulting from mishandled stewardship and messaging of what we believe is a promising drug that will greatly help patients. As currently configured, the Board has plainly and repeatedly failed. It is time for change. We are therefore seeking your support for the election of our three highly qualified nominees to Adverums Board at the 2021 Annual Meeting of Stockholders, currently scheduled to be held on Wednesday, May 12, 2021 (the 2021 Annual Meeting). These nominees all of whom are independent of Sonic and of each other would bring fresh perspectives to the Board, and would be committed to providing effective, fact-based oversight to both management and the drug development process. In making your decision, we ask that you consider the following points. Adverum Has Destroyed Tremendous Stockholder Value When it comes to creating sustained, long-term value for stockholders, Adverum has failed miserably in recent years. Since the beginning of 2020, Adverums performance has lagged the Russell 2000, the Nasdaq Biotechnology Index, and a peer group of related ocular drug development companies. Since CEO Laurent Fischers hiring on June 15, 2020, the underperformance has been devastating. In a period of wild market exuberance, Adverums stock price has been more than cut in half. The enterprise value of the Company was $1.6 billion when Dr. Fischer joined; it was under $630 million at the last reported quarter. Adverum Has Resorted to Questionable Tactics Aimed at Disenfranchising Stockholders Unfortunately, only a skilled mental gymnast could comprehend the maneuvers that Adverum has employed in recent weeks to obfuscate the ultimate size and composition of the Board. What is clear, however, is that the incumbent Board is taking desperate steps to avoid a true refreshment. Consider their conflicting messages around the number of directors up for election: We sympathize if this is hard to follow. Lets try this a different way. There are currently 11 directors on the Board. First, the Company told the public they will reduce the size to 8, which they repeated to us on March 16, the day after our private letter. The next day in its confrontational Press Release, the Company announced there would be 9 directors. On April 15, they touted that they would add a mystery unelected director later this year, bringing the total to 10. California law dictates that the Company must have three female directors by the end of the year. Given that the Companys slate has only one female candidate, simple math reveals that they actually need to add two unelected female directors to meet this requirement, bringing the total number of directors back to 11 by the end of 2021. Analyzing these events closely, it becomes clear that if the Company prevails, it will have a Board in which five seats are held by Chair Patrick Machado, CEO Laurent Fischer and three others who have worked with them in prior roles, with two unelected female cronies to be added later. This is nothing if not entrenchment. Finally, the Companys attempt to paint our campaign as an attempt to gain control of the Board is nothing more than an artificially manufactured narrative designed to obscure the fact that the Board has become stacked with underwhelming, interconnected directors and to deprive stockholders of a fair say. In fact, all the directors we have nominated to the Board are fully independent of Sonic and of each other. Sonic did not personally know any of its nominees until two months ago. Relying on its extensive network in the gene therapy field, Sonic simply identified highly respected leaders and experts in this sector and convinced them to serve on the Adverum Board, thereby bringing to the Company the kind of talent it had hitherto failed to attract. With Sonics nominees, the path to value creation is clear. With the incumbent regime, stockholders face confusion and obfuscation and would be subject to whatever further machinations the incumbent Board has in store. Adverum Has Lost the Confidence of Stockholders Through Persistent Mismanagement and Repeated Blunders Scientific Mismanagement In our view, a primary reason for Adverums depressed market value is the Companys refusal to adequately address the ocular inflammation caused by ADVM-022, its gene therapy treatment for wet AMD. All gene therapies elicit an immune response, and pre-clinical studies for intravitreal gene therapy done by Adverum and others accurately foretold the resulting inflammation that would occur when tested in humans. Consider the following series of unfortunate events: Botched Investor Communications and Capital Allocation The Companys current leadership has not fared any better in the world of investor relations than it has in the scientific development process. Consider the following: To sum up, in just two months Dr. Fischer oversaw the value destruction that it took Ms. Patterson a full year to achieve: presiding over a halving of Adverums stock price. Consistent with our ongoing pattern of trying to work cooperatively behind the scenes, Sonic sent another private letter to Adverums CEO and the Board, reiterating the same advice that we had informally delivered numerous times: improve communications and investigate methods to control the inflammation better. Ultimately, we believe that the blame for these glaring missteps lies in large part with a Board that has failed to provide the necessary oversight to create and sustain the markets confidence in the drug development process. The Board has also failed stockholders when it comes to other governance matters. To cite just a few examples: Adverums Board Nominees Lack the Requisite Independence and Experience to Hold Management Accountable We have absolutely zero confidence in Adverums proposed director slate, which lacks necessary experience and is riddled with conflictual relationships, and which includes one nominee who was looking to depart the Board before a miraculous overnight change of heart once Sonic sent a private letter to the Board. Stockholders are left to decide if they think the three best qualified directors to represent their interests at this critical time are loyalists to the CEO and the Chair, plus a flip-flopper who wanted out until he suddenly and unexplainedly wanted back in. At this key inflection point in Adverums life cycle as a public Company, we believe the addition of directors with ties to the Chair and CEO directors who lack the highly relevant experience our nominees provide would not serve stockholders well. Consider the following: Adverums Board has had enough trouble competently performing its fiduciary duties. It is problematic to add people whose main qualifications are they have director interlocks with the Chair or CEO, yet disturbingly lack appropriate expertise in relevant fields. Unsurprisingly, governance experts take a dim view on compromised appointments like these. That the Board recklessly forged ahead with these inapposite, disappointing candidates reveals its insular outlook and misplaced priorities. New Directors Are Desperately Needed We believe that our director nominees would bring critical independent perspectives and deeply relevant experience that is currently missing from the Board and would position Adverum to thrive and deliver vastly improved stockholder value. In our view, these nominees are objectively better than those of the Company. Our nominees include the following: Frankly, this is simple. Stockholders see their nominees. Stockholders see our superior nominees. Who would they rather have representing their interests as owners of Adverum? If you think the answer is the Sonic nominees, then you may be wondering precisely why the sitting Board and its $7 million worth of advisors have spurned constructive dialogue, forced a proxy contest within a strikingly compressed timeframe, avoided interviewing our candidates, and manipulated the number of directors stockholders can elect this year. Only you can hold them accountable. The Way Forward Sonic believes that new, highly qualified, fully independent directors are needed to assess the current situation at Adverum and chart a course towards lasting value creation. The long-ignored issue of ocular inflammation must be seriously addressed in a scientifically credible manner. A prudent fiscal plan needs to be adopted to minimize the damage caused by undisciplined capital raises and rampant stockholder dilution. Investor trust must be restored. *** The serious abuses of Board discretion and betrayal of stockholders trust constitute more than isolated errors in judgment. They reflect a pattern of failed oversight and a breach of fiduciary duty to stockholders. This Board flouts accepted best practices in management and drug development, yet indulges in inexplicable, bizarre governance policies. Predictably, this has resulted in disaster on more than one occasion. We believe that electing Sonics compelling directors can reduce the chances of a repeat performance. VOTE ON THE GREEN PROXY CARD TODAY If you have any questions or require any assistance with your vote, please contact Saratoga Proxy Consulting, LLC, which is assisting us, at its address and toll-free number listed on the following page. Sincerely, /s/ Lawrence Kam Lawrence Kam General Partner, The Sonic Fund II, L.P. Important Notice Regarding the Availability of Proxy Materials for the 2021 Annual Meeting The attached Proxy Statement and GREEN proxy card are available at: www.Saratogaproxy.com/Sonic If you have any questions regarding your GREEN consent card or need assistance in executing your consent, please contact Saratoga Proxy Consulting, LLC 520 8th Avenue New York, NY 10018 Stockholders may call toll-free: (888) 368-0379 Banks and brokers call: (212) 257-1311 [email protected] 1 Gilead boss' $19M compensation amounted to a monster cut, San Francisco Business Times, April 5, 2021.
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The Sonic Fund II, L.P. Files Definitive Proxy Statement and Sends Letter to Stockholders of Adverum Biotechnologies, Inc. Believes Boards Abject Failure to Exert Sufficient Oversight of Management Has Led to Significant Stockholder Value Destruction and Must Be Immediately Addressed Adverum Is Abusing the Corporate Machinery to Entrench Incumbent Directors and Disenfranchise Stockholders Company Has Lost Confidence of Stockholders Through Persistent Mismanagement and Repeated Scientific, Communications and Capital Allocation Blunders Believes a Costly Proxy Fight Could Have Been Avoided Had Adverum Board Engaged Constructively with Sonic Rather than Taking Antagonistic Stance Sees Current Board Including Three Company Nominees for 2021 Annual Meeting As Lacking Independence, Requisite Experience and Ability to Hold Management Accountable Urges Stockholders to Vote on the GREEN Proxy Card Today to Elect Sonics Three Independent Director Nominees to Effect Sorely Needed Board Refreshment
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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming December 1, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Aurora Cannabis, Inc. (Aurora or the Company) (NYSE: ACB) securities between February 13, 2020 and September 4, 2020, inclusive (the Class Period). Investors suffering losses on their Aurora investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected]. On September 8, 2020, the Company announced that it expected to record up to $1.8 billion in goodwill impairment charges in fourth quarter 2020. According to Auroras press release, these charges included up to $90 million in fixed asset impairment charges due to production facility rationalization, and a charge of approximately $140 million in the carrying value of certain inventory, predominantly trim, in order to align inventory on hand with near term expectations for demand. On this news, the Companys stock price fell $0.99 per share, or more than 11%, to close at $7.52 per share on September 8, 2020, thereby injuring investors. The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company had significantly overpaid for previous acquisitions and experienced degradation in certain assets, including its production facilities and inventory; (2) the Company's purported "business transformation plan" and cost reset failed to mitigate the foregoing issues; (3) accordingly, it was foreseeable that Aurora would record significant goodwill and asset impairment charges; and (4) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you purchased or otherwise acquired Aurora securities during the Class Period, you may move the Court no later than December 1, 2020 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email [email protected], or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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DEADLINE REMINDER: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Against Aurora Cannabis, Inc. (ACB) Shareholders with losses exceeding $50,000 are encouraged to contact the firm
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LOS ANGELES--(BUSINESS WIRE)--Following a World Trade Organization meeting where member states failed to reach an agreement on waiving the enforcement of intellectual property (IP) rights for COVID-19 vaccines and treatments AIDS Healthcare Foundation (AHF) calls on wealthy nations to put public interest and people everywhere ahead of profits by agreeing to forego enforcing IP protection on any medicines or vaccines related to COVID-19. In a move that has been sharply rebuked at the WTO by South Africa as vaccine apartheid, wealthy nations have already begun hoarding vaccines, with countries that account for 14% of the worlds population pre-ordering 53% of the most promising vaccines. And with COVAX (the joint project led by the World Health Organization and Gavi) still in need of $4.3 billion, lower-income countries are all but guaranteed to be left behind. Peoples Vaccine Alliance is reporting nearly 70 countries in the developing world will only get enough vaccines to inoculate 10% of their citizens that, coupled with wealthy countries buying up enough doses to vaccinate their populations multiple times over is simply unacceptable, said Loretta Wong, AHF Deputy Chief of Global Advocacy and Policy. The pandemic has devastated economies globally, but developing countries have been hit the hardestpharmaceutical companies must be compelled to share their knowledge to give those most in need their best chance to access lifesaving medicines. Wealthy nations must relax IP protection protocols! The battle for access to free or affordable vaccines and medicines is an unfortunate and familiar aspect of public health, which is why the world is in desperate need of a new Global Public Health Convention for the 21st century. The time has come for governments, global health agencies and the pharmaceutical industry to put cooperation and lives above their respective financial bottom lines. AIDS Healthcare Foundation (AHF), the largest global AIDS organization, currently provides medical care and/or services to over 1.5 million clients in 45 countries worldwide in the US, Africa, Latin America/Caribbean, the Asia/Pacific Region and Europe. To learn more about AHF, please visit our website: www.aidshealth.org, find us on Facebook: www.facebook.com/aidshealth and follow us on Twitter: @aidshealthcare and Instagram: @aidshealthcare
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AHF to Wealthy Nations: Stop Enforcement of COVID-19 VAX Patents!
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BALTIMORE, July 27, 2020 /PRNewswire/ --In a time where collaborative virtual learning needs to happen at breakneck speed, CourseArc, a content authoring and management tool, has developed a feature that enables the sharing of course content across counties and states. CourseArc's client, the Virtual Learning Leadership Alliance (VLLA), an association of the chiefs of some of the most innovative virtual programs in the United States, is one of the first to utilize this new feature. An example of how the sharing tool in CourseArc works. The sharing tool from CourseArc allows schools, districts, states and consortiums to "divide and conquer", quickly accessing and deploying quality online content for the coming school year. This new CourseArc feature reduces the development burden on educators and institutions, allowing them, instead, to focus efforts on creating better online learning opportunities for students and parents. The feature supports the 5 R's of Open Educational Resources (OER): Retain; Reuse; Revise; Remix; and Redistribute. As a result, VLLA members and other organizations that could benefit from content sharing are able to quickly, easily, and effectively create content specific to their student and constituent base. "We felt it was important to support our amazing clients who work together to build and share online content so students have access to high-quality instruction. Our tool allows schools, school systems, and universities to pool their resources to create a varietyof online courses and then remix and reuse content from partner organizations to ensure the content meets individual needs. It also means that each organization can divvy up responsibilities for insourcing content development and reduce reliance on long-term expensive third-party products," said CourseArc's CEO Katie Egan. "The new feature can easily be applied to other educational consortiums nationally and globally," she added. To view how the tool works, visit www.coursearc.com/course-content-sharing-vlla. When asked about the value of the new content sharing tool in CourseArc, Candic McPherson, Director of Design and Development for Virtual Arkansas, and a member of VLLA, said, "The ability to collaborate and easily share content between organizations is an invaluable asset to improving the capacity of educators as they continually improve digital content and its use." Members of the VLLA, a 501c3 educational nonprofit organization, serve over a quarter million online course enrollments annually, provide their districts and students with over 2,200 active, highly-qualified teachers trained in online instruction and supply blended learning services to their constituents. Members include Colorado Digital Learning Solutions, Georgia Virtual Learning, Idaho Digital Learning Alliance, Illinois Virtual School, Indiana Online, Michigan Virtual, Montana Digital Academy, Nevada Learning Academy, North Carolina Virtual, Virtual Arkansas, VHA Learning, Virtual South Carolina, Wisconsin eSchool Network, Virtual Virginia and Wisconsin Virtual School. To find out more about how CourseArc can help your organization develop highly engaging, effective, accessible elearning tools and courses, visit www.coursearc.com. About CourseArc: CourseArc is a digital content authoring and management tool that facilitates the collaborative creation of engaging and accessible online learning. CourseArc is a resource for educational institutions, companies and content publishers to create high quality content that is WCAG 2.1 AA compliant and integrates into any Learning Management System (LMS). Headquartered in Baltimore, Md., CourseArc customers include encompassing K-12 school districts, state-level K-12 virtual learning organizations, community colleges, four-year institutions, graduate programs, nonprofits, and other training organizations. For more information, visit https://coursearc.com.About the Virtual Learning Leadership Alliance (VLLA):Combining more than 150 years of online and blended learning operational experience, theVirtual Learning Leadership Allianceis an association of the chiefs of some of the most innovative virtual programs in the U.S. Consisting largely of leading state virtual schools, and several outstanding consortia, the member organizations serve well over a quarter of a million online course enrollments annually, provide their districts and students with over 2,200 active, highly-qualified teachers trained in online instruction, supply blended learning services to their constituents, and conduct research to validate the value of online learning. Members include Colorado Digital Learning Solutions, Georgia Virtual Learning, Idaho Digital Learning Alliance, Illinois Virtual School, Indiana Online, Michigan Virtual, Montana Digital Academy, Nevada Learning Academy, North Carolina Virtual, Virtual Arkansas, VHA Learning, Virtual South Carolina, Wisconsin eSchool Network, Virtual Virginia and Wisconsin Virtual School. TheVirtual Learning Leadership Alliance(VLLA) is a 501c3 educational nonprofit organization.For more information, visit https://www.virtuallearningalliance.org/.Contact: Christine Tobar [emailprotected] SOURCE CourseArc Related Links https://www.coursearc.com/
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CourseArc Develops Tool that Enables Sharing of Course Content Across Counties and States
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PARAMUS, N.J., May 19, 2020 /PRNewswire/ -- Sony Electronics today announced product enhancements and educational tools developed to address the needs of the agriculture industry. Through product enhancements and informative tutorials and webinars, Sony is increasing its commitment to growers, agronomists and researchers in the agriculture industry. (PRNewsfoto/Sony Electronics Inc.) (PRNewsfoto/Sony Electronics Inc.) Sony's Smart Agriculture Solution, which launched in 2019, is comprised of a drone-mounted multispectral sensing unit and Fast Field Analyzer image analytics softwarefor in-the-field crop management, monitoring and insights. The solution continues to evolve by expanding its capabilities and functionality through regular software updates based on input from its community of users. The latest software update, Version 2.1, enables native prescription creation, which provides additional information to users and supports an easy to use, end-to-end workflow. This advancement allows users to simply and effectively use the latest information from the field to make quick and informed in-season nitrogen and pesticide application decisions. Once a prescription has been generated, customers can import the file to other tools, including tractors and sprayers, to control the variable rate application. Additionally, Version 2.1 software will provide enhanced compatibility with additional drone models. The free software upgrade is planned to be available in June 2020 to current Smart Agriculture Solution users and can be downloaded at pro.sony. Sony's dedication to agronomists is further demonstrated through the development of dedicated resources that engage and educate the community. The Sony Smart Agriculture Academy is a registration based online training library that features short video tutorials, which can be downloaded for offline use on-site and in the field. On-demand videos on topics including field installation and preparation, on-site flight operation and data capture and processing and data analytics will continue to roll out as questions arise and trends emerge.In addition, Sony continues to host regular webinars with industry leaders, partners and influencers. These interactive live webinars offer audiences a chance to learn about the latest in AgTech and how growers can best implement these new advancements, while offering the ability to ask questions of top experts in the field, in real-time. Webinars are archived for on-demand viewing.Upcoming topics in the webinar series include:Optimize Nitrogen Application Rates by Peterson Farms Seed Date:May 20, 2020 Time:1:00-2:00 pm EDT / 12:00-1:00 pm CDT / 10:00-11:00 am PDT Description: This presentation will discuss how to use the Sony Smart Agriculture Solution to plan and execute nitrogen application. For agronomists, the solution can be used not only for providing services to growers, but also measuring the field trial in an easy and statistical way backed up by data, increasing the accuracy of your analytics. Registration: https://register.gotowebinar.com/register/7555626609235676172Evaluate the Efficacy of Crop Protection Application with Syngenta Date:May 27, 2020 Time:1:00-2:00 pm EDT / 12:00-1:00 pm CDT / 10:00-11:00 am PDT Description: This presentation will discuss how to use Sony's Smart Agriculture Solution to plan and execute crop protection applications. The presentation will focus on both in-season and post-season analysis and application decision making. The webinar will walk-through examples from the 2019 crop season, sharing success stories from across the country. Registration: https://register.gotowebinar.com/register/4538130196502111756Minimize In-Field Damage from Disease by Drone Spraying with Rantizo Date:June 3, 2020 Time:1:00-2:00 pm EDT / 12:00-1:00 pm CDT / 10:00-11:00 am PDT Description: Time is money. To keep the yield potential at a maximum, growers need to address early symptoms of crop damage and have the ability to implement treatment quickly. In this session, Sony and Rantizo will demonstrate how to quickly examine the field and help agronomists take the necessary steps using drone spraying to treat damaged areas. Registration: https://register.gotowebinar.com/#register/908339947515905548Register for all of Sony's latest agriculture webinars here.To learn more about Sony's Smart Agriculture Solution, or for more information about Sony's presence in the market, please visit pro.sony/agriculture.About Sony Electronics Inc. Sony Electronics is a subsidiary of Sony Corporation of America and an affiliate of Sony Corporation (Japan), one of the most comprehensive entertainment companies in the world, with a portfolio that encompasses electronics, music, motion pictures, mobile, gaming and financial services. Headquartered in San Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets. Operations include research and development, engineering, sales, marketing, distribution and customer service. Sony Electronics creates products that innovate and inspire generations, such as the award-winning Alpha Interchangeable Lens Cameras and revolutionary high-resolution audio products. Sony is also a leading manufacturer of end-to-end solutions from 4K professional broadcast and A/V equipment to industry leading 4K Ultra HD TVs. Visit www.sony.com/news for more information.SOURCE Sony Electronics Inc. Related Links http://www.sony.com
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Sony Enhances Support for Agriculture Community Through Software Updates, Sony Smart Agriculture Academy's Video Training Library and Interactive Webinars Free Software Update for Sony's Fast Field Analyzer Solution Incorporates Native Prescription Generation Capabilities, While Live and On-Demand Tutorial Video Content Provides Complimentary Educational Resources to the AgTech Community
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DUBLIN, Oct. 16, 2020 /PRNewswire/ -- The "Accounts Receivable Automation - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering. According to the report, the Global Accounts Receivable Automation Market accounted for $1.73 billion in 2019 and is expected to reach $4.97 billion by 2027, growing at a CAGR of 14.1% during the forecast period. Growing focus on the improvement of cash flow and reduction of days sales outstanding and reduced accounting cycle time are some of the factors propelling the growth of the market. However, constant security concerns and network related issues are hampering the growth of the market. Accounts receivable automation is software used to automate the process of account receivable functions. The software helps clients in speeding up workflows, enhancing control over processes, saving time and effortlessly sharing data through the cloud. Based on the deployment type, the on-premises segment is anticipated to hold considerable market share during the forecast period as this deployment is a traditional method to execute solutions on-premises of an enterprise, as it provides full control over the infrastructure and assets, as well as enhances their online security measures. By geography, Asia-Pacific is expected to grow at a significant market share during the forecast period due to the increasing adoption of accounting software within this region to manage operational work in SMEs and growing demand for precise management of accounting procedure and timely processing of payment processes from customers. Some of the key players profiled in the Accounts Receivable Automation Market include Zoho, Yaypay, Workday, Versapay, SAP, Emagia, Rimilia, Oracle, Kofax, Invoiced, Highradius, FinancialForce, Esker, Comarch, bottomline Technologies, and Sage. What the report offers: Market share assessments for the regional and country-level segments Strategic recommendations for the new entrants Covers Market data for the years 2018, 2019, 2020, 2024 and 2027 Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements Key Topics Covered: 1 Executive Summary2 Preface2.1 Abstract2.2 Stake Holders2.3 Research Scope2.4 Research Methodology2.4.1 Data Mining2.4.2 Data Analysis2.4.3 Data Validation2.4.4 Research Approach2.5 Research Sources2.5.1 Primary Research Sources2.5.2 Secondary Research Sources2.5.3 Assumptions3 Market Trend Analysis3.1 Introduction3.2 Drivers3.3 Restraints3.4 Opportunities3.5 Threats3.6 End-user Analysis3.7 Emerging Markets3.8 Impact of COVID-194 Porters Five Forces Analysis4.1 Bargaining Power of Suppliers4.2 Bargaining Power of Buyers4.3 Threat of Substitutes4.4 Threat of New Entrants4.5 Competitive Rivalry5 Global Accounts Receivable Automation Market, By Organization Size5.1 Introduction5.2 Small and Medium-sized Enterprises (SMEs)5.3 Large Enterprises6 Global Accounts Receivable Automation Market, By Deployment Type6.1 Introduction6.2 On-Premises6.3 Cloud7 Global Accounts Receivable Automation Market, By Component7.1 Introduction7.2 Services7.2.1 Consulting and Implementation7.2.2 Support and Maintenance7.3 Solution8 Global Accounts Receivable Automation Market, By End-user8.1 Introduction8.2 Telecom & Information Technology (IT)8.3 Non-profit Organizations8.4 Construction8.5 Healthcare and Life Sciences8.6 Food and Beverage8.7 Energy and Utilities8.8 Consumer Goods and Retail8.9 Manufacturing8.10 Chemicals8.11 BFSI (Banking, Financial Services and Insurance)8.12 Other End-users8.12.1 Education8.12.2 Government8.12.3 Hospitality8.12.4 Logistics & Wholesale Distribution8.12.5 Public Sector8.12.6 Transportation8.12.7 Media and Entertainment8.12.8 Travel & Tourism9 Global Accounts Receivable Automation Market, By Geography9.1 Introduction9.2 North America9.2.1 US9.2.2 Canada9.2.3 Mexico9.3 Europe9.3.1 Germany9.3.2 UK9.3.3 Italy9.3.4 France9.3.5 Spain9.3.6 Rest of Europe9.4 Asia-Pacific9.4.1 Japan9.4.2 China9.4.3 India9.4.4 Australia9.4.5 New Zealand9.4.6 South Korea9.4.7 Rest of Asia-Pacific9.5 South America9.5.1 Argentina9.5.2 Brazil9.5.3 Chile9.5.4 Rest of South America9.6 Middle East & Africa9.6.1 Saudi Arabia9.6.2 UAE9.6.3 Qatar9.6.4 South Africa9.6.5 Rest of Middle East & Africa10 Key Developments10.1 Agreements, Partnerships, Collaborations and Joint Ventures10.2 Acquisitions & Mergers10.3 New Product Launches10.4 Expansions10.5 Other Key Strategies11 Company Profiling11.1 Zoho11.2 Yaypay11.3 Workday11.4 Versapay11.5 SAP11.6 Emagia11.7 Rimilia11.8 Oracle11.9 Kofax11.10 Invoiced11.11 Highradius11.12 FinancialForce11.13 Esker11.14 Comarch11.15 Bottomline Technologies11.16 SageFor more information about this report visit https://www.researchandmarkets.com/r/k2532s Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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Worldwide Industry for Accounts Receivable Automation to 2027 - Impact Analysis of COVID-19
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BONITA SPRINGS, Fla., April 6, 2020 /PRNewswire/ --Synapse Technologies based in Bonita Springs, FL is enlisting robots and other connected devices in the fight against the COVID-19 pandemic. Synapse, a physician led company, engages in programming and deploying cutting edge technologies to better connect patients with their healthcare providers. They have created a cutting edge, yet easy to use, telemedicine and telehealth conduits and portals, Umedoc (www.umedoc.com). Before the pandemic, the company had already deployed a fleet of robots and other telepresence devices for diagnosing and treating medical conditions in a variety of facilities including skilled rehabilitation facilities, outpatient clinics, and homebound patients. Robots enable medical providers to autonomously see patients remotely. Synapse's medical platform also runs on connected devices such as laptops, tablets, and smartphones that are readily available. The platform conforms to strict guidelines of HIPAA and NIST, privacy regulations that govern medical care. Synapse has devices deployed in a variety of facilities including Cypress Cove Living in Fort Myers and ManorCare Lely Palms in Naples, FL, and looks to partner with other forward-thinking medical organizations and practices. Since the epidemic has started, Synapse has teamed with Prime Medical Group, a southwest Florida medical practice, to deploy physician and nurse practitioners to enable daily rounding on vulnerable patients at risk of contracting COVID-19. Prime Medical treats patients in skilled rehabilitation and hospital settings. Providing this connectivity helps to reduce the risks associated with healthcare providers unknowingly giving their patients COVID-19 and vice versa. Other benefits include patients who are hearing impaired to be able to see the provider's face and lips on telemedicine. Patients have in fact expressed gratitude that such a technology exists to reduce the threat of the virus further spreading, and promote social distancing without sacrificing quality care. Synapse has also introduced chat-bot COVID screening (Umebot) and a telemedicine website Umedoc (www.umedoc.com) built from ground up with in-house coding to help Floridians assess their risk for the virus, assess symptoms, and obtain further testing if necessary. Pairing with local healthcare providers enables them to arm doctors and healthcare providers with the necessary tools to help the fight without being sidelined. Because the pandemic is unprecedented, Synapse is committed to helping the community one byte at a time. If interested in partnering with Umedoc, please contact us at (904) 990-4013 or www.umedoc.com. Ty Hosmer, Lead SalesSynapse Coding24301 Walden Center DriveSuite 300Bonita Springs, FL 34134(904) 990-4013 [emailprotected] SOURCE Synapse Coding
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Florida Company Synapse Technologies Helps Fight against COVID Pandemic using Robots and Other Connected Technologies
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MIAMI, March 11, 2021 /PRNewswire/ -- Boston Red Sox baseball legendKevin Millarhas joined the Bula team as a partner and ambassador. The LA native was instrumental in breaking the Curse of the Bambino with a series-changing performance that helped the Red Sox recapture the World Series Championship in 2004 after the 86-year drought. Millar is currently host of the Intentional Talk on the MLB Network and hosts the popular podcast "Intentional Talk: Caught Listening." Continue Reading Bula Technologies The Bula team is excited to have partnered with such a world-renowned celebrity and former professional athlete who bringsincredible star power and a tremendous network of athletes, celebrities and social media influencers to help take Bula to the next level. Millar, who is incredibly enthusiastic to be partnering with Bula, was heard exclaiming,"Bula is Fun-Freaking-Tastic!" and is ecstatic about the months ahead. Bula is the hottest Social Challenge Appand has been turning the social media market on its head with its new and exciting platform. It allows users to create a limitless numberof challenges, create stakes and crown a winner and then memorialize the challenge. Users can engage in challenges of all kinds, including individual, teamor in a large group. Bula isa powerful tool for running large corporate challenges andraisingawareness forcharitable causes. The sky is the limit with Bula. The app is currently in the Apple Store and is due to be released in the coming days for Android users. There has been such an absence in the social media sphere for this much-needed andfirst-of-its-kind app, and the response has been tremendous.Bula has generated an enormous amount of excitement, especially after therecent launch of its beta version, which coincided with the NFL Championship in February. The app quickly achieved its target users in a few short weeks. Bula was featured at a large charitable golf fundraiser hosted by "Big Papi" David Ortiz in Tampa, Florida, a yacht party co-partnered with the infamous Baddies Only and drew the attention of famous celebs and sports athletes like the King of Cleveland, Bernie Koser, and NFL legend and Pro Bowler Doug Flutie. The app stole the show with bursts of participants yelling "Put a Bula On It!" in reference to the catchphrase behind the brand.There has never been anything like Bula before, so go create a profile and let the games begin.Enjoy Bula, enjoy life!https://bula.funRelated Imagesbula.png Bula Related LinksBula Fun - The Challenge Platform Watch: Bula Can Make Dares a Social Event SOURCE Bula Technologies
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World Series Champion and Host of Major League Baseball Show Joins Bula Social App as a Partner and Ambassador
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SAN FRANCISCO--(BUSINESS WIRE)--1health.io, the leading Testing as a Service (TaaS) company, today announced it is now working with more than a dozen educational institutions across the country to provide saliva-based COVID-19 tests for students, faculty, and staff. This comes at a crucial moment for testing as cases peak and the government seeks to further stabilize the economy. With testing at scale, 1health empowers educational institutions with the ability to offer convenient, non-invasive, and remote options for diagnostic testing. Schools and universities can now provide their students and staff members with self administered testing that eliminates inconvenient, or even risky, visits to crowded testing centersall while doing away with long wait times for results. As the economy seeks to reopen fully, we know that testing at scale is the only way to keep schools, businesses, and organizations open, said 1health CEO Mehdi Maghsoodnia. We are proud to see campuses all over the country adopting quick, accessible, remote testing through our platforms. As of November 2020, U.S. COVID-19 cases are rapidly climbing into around nine million, with many predicting that the winter surge will be the pandemics most dangerous yet. At the same time, the CDC warns that young people might be playing an increasingly important role in community transmission. Given increased risk, the government looks to transition to increased testing in order to fully reopen the economy, bringing about a pivotal moment for testing at scale. Current 1health education partners include, but are not limited to, the following organizations: 1health provides Testing as a Service, enabling partners to easily deploy, manage, and personalize testing at scale. The company pioneered the concept first in the field of DNA testing and now supports simple self administered COVID-19 tests that are authorized by the FDA under EUA. 1health tests can be taken from anywhere - at home, at work, in a dorm room, or on-the-go. Saliva is collected in a tube, sealed with reagents, and shipped to a qualified lab in a secure envelope. Test results are delivered digitally to the person within 48 hours of the lab receiving the sample, and can be viewed on the secure patient dashboard on the 1health online platform. For more information about 1health and to learn if its testing as a service platform is appropriate for your institution or group, please visit www.1health.io. About 1health.io 1health is the pioneer in enabling testing as a service, making diagnostic testing easy and accessible for everyone. Its platform powers engaging health applications for telehealth companies, hospital systems, corporations and government agencies, school systems, and consumer brands, allowing them to easily deploy, manage, and personalize testing at scale. 1healths cloud-based architecture allows for seamless management and tracing of tests, providing distribution across the country for faster testing, and an easy-to-read dashboard with actional next steps after testing. 1health keeps more than seven million people healthy and informed through its partners and direct-to-consumer brand, and supports compliance with applicable privacy and security requirements of its partners and their customers. To learn more, go to www.1health.io.
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1health Partners With More Than a Dozen Educational Institutions, Enabling COVID-19 Saliva Tests for Schools and Universities Across the Country The Companys Easy Testing Process Helps to Keep Students & Staff Safe
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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fortegra Financial Corporation (Fortegra), a leading specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT) (Tiptree), announced today the formation of a new excess and surplus lines subsidiary, Fortegra Specialty Insurance Company. Now that it has received approval in its domicile state of Arizona, Fortegras new E&S subsidiary is working to obtain the remaining regulatory approvals necessary to conduct business throughout the United States. Fortegra anticipates that underwriting within the E&S company will commence in the fourth quarter of 2020. Richard Kahlbaugh, CEO of Fortegra, commented: We have seen rates harden in the market. The catalysts for the hardening are diverse and as such we expect the trend to continue for the foreseeable future. Adding an excess and surplus lines company to our portfolio was a natural response, allowing us to broaden our product reach and scope within the U.S. Kahlbaugh further added, Fortegras continued success is rooted in its ongoing commitment to agent-driven distribution and maintaining a broad array of underwriting solutions and an experienced underwriting team that leverages proprietary artificial intelligence to enhance and expedite decision making. The formation and operation of our excess and surplus company will further our goal to carefully underwrite and expedite new program business. About Fortegra Fortegra Financial Corporation (a Tiptree Inc. company) and its subsidiaries comprise a single-source insurance services provider with an A- (Excellent) Financial Category VIII A.M Best Company rating. Fortegras underwriting segments include specialty programs, credit insurance and warranty solutions. Since 1978, the Companys collaborative approach and innovative products have fueled rapid growth and increasing demand from both domestic and international partners.
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Fortegra Financial Corporation Announces Launch of E&S Insurance Subsidiary
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YIWU, China, April 21, 2021 /PRNewswire/ -- Yiwugo.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world, held the 6th Fashion Party of "Yiwugo Top Landladies" at Marriott Hotel of Yiwu on the evening of April 20th to present the awards for "Yiwugo Top Landladies" and nominated candidates. The proportion of female business owners and their stores operating years The winners of "2021 Yiwugo Top Landladies" were Fu Jiangyan from Zhangweichao Socks Firm, Shi Xin from Yiwu Xiaomeng Stationery Co., Ltd., Li Xinglin from Wangjin Bag Firm, Zhang Jinxia from Qixia Kitchenware Firm, Zhang Jiying from Zhejiang Xingbao Umbrella Co., LTD, Long Dongzhao from Bacai Toys Firm, Xia Lingling from Yiwu MingCan Knitting Elastic,Ye Yili from Shifeng Socks Firm, Deng Tingting from Nantong Ennas Home Textile Co., Ltd., and Wang Chunxing from Butterfly Fly Lace Firm. According to the big data of Yiwugo.com, female business owners account for 52.63% of the total with most aged between 35 and 55. Many female business owners have been worked in their business for more than 8 years and are very high-quality first-class wholesalers in the commodity industry. Business owners are faced with new challenges with higher international exposure and rise of e-commerce. In the face of these challenges, female business owners actively learn new expertise, broaden their vision, show their strength without holding back to develop their own business, which have also made contributions to the development of Yiwu market. Voting of this event started from March 8th, 2021 and ended on April 8th, 2021. The contestants covered all the female business owners in Yiwu market and its industrial belt with 133 eligible contestants. Contestant registered and received votes on Yiwugo webpages, Yiwugo App and Yiwugo WeChat official account. The event reached hundreds of thousands of people, attracted the attention of mainstream media and relevant purchasers, and served as a brand promotion platform for contestants and enterprises.Wang Jianjun, CEO of Yiwugo, said that both markets and business owners need to drive development with innovation while physical stores seek transformation and upgrade to rise to the current challenges. Yiwugo promotes outstanding female business owners by "Yiwugo Top Landladies", creating a number of branded enterprises in Yiwu. It has played a positive role in guiding merchants to build brands with their expertise and seek development.SOURCE Yiwugo.com
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Awarding Ceremony of "2021 Yiwugo Top Landladies" was held
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SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP (https://www.rgrdlaw.com/cases-progenity-inc-class-action-lawsuit.html) announces that purchasers of Progenity, Inc. (NASDAQ:PROG) common stock pursuant and/or traceable to the registration statement, as amended (the Registration Statement), issued in connection with Progenitys June 2020 initial public offering (IPO) have until October 27, 2020 to seek appointment as lead plaintiff in the Progenity class action lawsuit, Soe v. Progenity, Inc., No. 20-cv-01683 (S.D. Cal.), which is pending before Judge Cathy Ann Bencivengo. The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Progenity common stock pursuant to the June 2020 IPO to seek appointment as lead plaintiff in the Progenity class action lawsuit. A lead plaintiff acts on behalf of all other class members in directing the Progenity class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Progenity class action lawsuit. An investors ability to share in any potential future recovery of the Progenity class action lawsuit is not dependent upon serving as lead plaintiff. If you wish to serve as lead plaintiff in the Progenity class action lawsuit, you must move the Court no later than October 27, 2020. If you wish to discuss the Progenity class action lawsuit or have any questions concerning this notice or your rights or interests, please contact plaintiffs counsel, Brian E. Cochran of Robbins Geller, at 800/449-4900 or 619/231-1058 or via e-mail at [email protected]. You can view a copy of the complaint as filed at https://www.rgrdlaw.com/cases-progenity-inc-class-action-lawsuit.html. The Progenity class action lawsuit charges Progenity, certain of its officers and directors, and the underwriters of its IPO with violations of the Securities Act of 1933. Progenity specializes in developing and commercializing molecular testing products and precision medicine applications. Progenity provides in vitro molecular tests designed to assist parents in making informed decisions related to family planning, pregnancy, and complex disease diagnosis. On or about June 22, 2020, defendants conducted Progenitys IPO. In the IPO, defendants sold over 6.6 million shares of Progenity common stock to the investing public at a price of $15 per share, generating over $100 million in gross offering proceeds. The Progenity class action lawsuit alleges that the Registration Statement for the IPO was negligently prepared and, as a result, contained untrue statements of material fact, omitted material facts necessary to make the statements contained therein not misleading, and failed to make the necessary disclosures required under the rules and regulations governing its preparation. Specifically, the Registration Statement failed to disclose, inter alia, the following adverse facts that existed at the time of the IPO, rendering numerous statements provided therein materially false and misleading: (i) that Progenity had overbilled government payors by $10.3 million in 2019 and early 2020 and, thus, had materially overstated its revenues, earnings and cash flows from operations for the historical financial periods provided in the Registration Statement; (ii) that Progenity would need to refund this overpayment in the second quarter of 2020 (the same quarter in which the IPO was conducted), adversely impacting its quarterly results; and (iii) that Progenity was suffering from accelerating negative trends in the second quarter of 2020 with respect to Progenitys testing volumes, revenues and product pricing. Shortly after the IPO, the price of Progenity stock suffered significant price declines. By August 14, 2020, Progenity stock closed at just $7.71 per share nearly 50% below the $15 per share price investors paid for the stock in the IPO less than two months previously. The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud. Robbins Geller Rudman & Dowd LLP is one of the worlds leading law firms representing investors in securities litigation. With 200 lawyers in 9 offices, Robbins Geller has obtained many of the largest securities class action recoveries in history. For seven consecutive years, ISS Securities Class Action Services has ranked the Firm in its annual SCAS Top 50 Report as one of the top law firms in the world in both amount recovered for shareholders and total number of class action settlements. Robbins Geller attorneys have helped shape the securities laws and have recovered tens of billions of dollars on behalf of aggrieved victims. Beyond securing financial recoveries for defrauded investors, Robbins Geller also specializes in implementing corporate governance reforms, helping to improve the financial markets for investors worldwide. Robbins Geller attorneys are consistently recognized by courts, professional organizations and the media as leading lawyers in the industry. Please visit http://www.rgrdlaw.com for more information.
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Robbins Geller Rudman & Dowd LLP Announces Lead Plaintiff Deadline in Progenity, Inc. Class Action Lawsuit
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PLYMOUTH, Minn., Oct. 5, 2020 /PRNewswire/ --The mail in voting system is flawed and imperfect. It is fraught with abuse, incompetent and potential criminality that could plunge this nation into a constitutional crisis, the likes it's never seen in its youthful 240+ year history. The current situation has already illustrated a dangerous lack of oversight and supervision that will eventually lead to fraud, chaos and a tear in the constitutional fabric of our great nation. Continue Reading Whywould.com LLC WhyWould.com is spearheading a drive to seek a million patriotic signatures to prevent the current drive for mass mail-in voting during the coming election. There is still time to persuade the national board of elections to curtail and possibly halt all mail in voting this year. Voting by mail without a secure and methodical oversight encourages voter fraud, intimidation and the further erosion of our constitutional protections afforded the sanctity of the secret ballot process. If it were held to the same standard as the absentee ballot system verified via a photo ID and proof of eligibility, there would be no need for this action. However, if an ID is required to cash a check, board a plane, purchase everyday items including food, prescriptions and or to gain entry into a secured building. Voting is the tenant upon which this great nation was founded not afforded the same respect and attention? There is simply, no justification for denying this most basic and fundamental right only American citizens are afforded.At the time of this release, there have already been instances of blatant fraud involving mail-in voting throughout battleground states. Our servicemen and women have been denied their casted ballots in a flagrant attempt to nullify their voices and some have proactively resorted to the illegal harvesting of ballots in favor of a particular ideology.We need to prevent this fraud before it turns to chaos and we are counting on one million patriots across the nation to sign our petition and make their voices heard.For more info, visit: https://www.whywould.com/To Sign the Petition visit: https://www.change.org/p/the-white-house-of-the-united-states-of-america-stop-the-mail-in-voteMedia Contact:Michael Kauffman[emailprotected]612-850-5936WHYWOULD.COM / Question EVERYTHING SOURCE Whywould.com LLC
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WhyWould.com Launches Petition Against Mail-In Voting WhyWould.com is the alternative to censured news. Now is the time for all good people to band together on the side of truth, justice and the American way.
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LONDON--(BUSINESS WIRE)--The toys and games market is expected to grow by USD 54.72 bn, progressing at a CAGR of over 8% during the forecast period. Click & Get Free Sample Report in Minutes The popularity of TV shows and movies is one of the major factors propelling market growth. More details: https://www.technavio.com/report/toys-and-games-market-industry-analysis Toys And Games Market: Product Landscape Based on the product, the activity and ride-on toys segment is expected to witness lucrative growth during the forecast period Toys And Games Market: Geographic Landscape By geography, APAC is going to have a lucrative growth during the forecast period. About 40% of the markets overall growth is expected to originate from APAC. China and Japan are the key markets for toys and games in APAC. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Consumer Discretionary Include: Companies Covered: What our reports offer: Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Distribution channel Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Insights on the Toys And Games Market 2020-2024: COVID-19 Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2024 - Technavio
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MILAN--(BUSINESS WIRE)--Generali Group and Accenture (NYSE: ACN) have created a joint venture Group Operations Service Platform (GOSP) that will leverage cloud technologies and shared technology platforms to accelerate the insurance groups innovation and digital strategy. In addition to holding a 5% ownership stake in the venture, Accenture will provide GOSP with a team of 40 professionals with expertise in cloud, artificial intelligence and big data to drive rapid transformation, innovation and change management at speed and scale. GOSP will develop solutions that accelerate the digitization of Generali Groups business processes and the adoption of a cloud-centric model. This can facilitate closer collaboration among the insurers different business units, including distribution (agencies), account management (digital wallets), and internal management systems, which can benefit from the shared infrastructure and expertise. The new solutions from GOSP including establishing more centralized governance can support Generali Group to improve operational efficiencies and profitability, achieve cost savings, and enhance service quality to meet the digital expectations of customers, agents and employees. Frdric de Courtois, Generali Group General Manager, said, Innovation and digital transformation are of fundamental importance in our Generali 2021 Strategic Plan. Thanks to this partnership, we will continue the journey along the pathway set out in our strategy, fully aware of the change that technology can bring about in the insurance industry. At our side on this journey, we have Accenture, a valued partner with great experience in digital and with whom we are continuing a long-term collaboration to support the acceleration of our digital transformation. Ottorino Passariello, Head of Group Operations & Processes at Generali Group, said, GOSP pioneers a new process in technology governance. We are proud to initiate a unique partnership whose capital structure is itself an innovation within the context of information technology and digital transformation in the insurance industry. Together, we will create new momentum in our drive to innovate digital processes across Generalis branch networks and employees and also deliver undeniable benefits to our customers. Jean-Marc Ollagnier CEO of Accenture for Europe, said, By adopting a cloud-first approach, Generali will be able to innovate at speed and scale. Working hand-in-hand, we can help enable Generali to quickly and cost-efficiently create innovative insurance products and services, which are aimed to fit the specific needs of customers in Italy and other markets. Through this partnership, we are not only helping Generali transform its business, but we are also supporting its employees throughout the transformation with a re-skilling and up-skilling program. It is a testimony of how we deliver 360-degree value for the benefit of our clients and their customers, partners and employees. Fabio Benasso, a senior managing director at Accenture and market unit lead for Italy, Central Europe and Greece, said, At a time of immense change, cloud and other new technologies bring enormous opportunities in terms of agility, resilience and operational efficiency upon which true competitive advantage can be built. Collaboration with a major player such as Generali Group will enable us to help the entire insurance industry, in Italy and globally, leveraging the full breadth of Accentures capabilities and human ingenuity, which were developed over our 60 years of market presence in Italy and through our global network of Innovation Centers and Centers of Excellence. About Generali Group Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world with total premium income of more than 69.7 billion in 2019. With nearly 72,000 employees serving 61 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generalis ambition is to be the Lifetime partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network. About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services all powered by the worlds largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com This content is provided for general information purposes and is not intended to be used in place of consultation with our professional advisors.
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Generali Group and Accenture Form Joint Venture to Accelerate the Insurers Digital Transformation Strategy Group Operations Service Platform created to support Generali Group in optimizing its services to meet the changing needs of customers, agents and employees, while delivering significant synergies among its business units Accenture owns a minority stake in the venture and will provide a team of professionals with expertise in digital innovation and cloud migration
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NEW YORK--(BUSINESS WIRE)--Radius Global Infrastructure, Inc. (NASDAQ: RADI) (the Company), one of the largest global aggregators of real property interests underlying wireless communications cell sites and other communications infrastructure, today announced that it will release its fourth quarter and full year 2020 financial results on Tuesday, March 30, 2021. Management will host a webcast and conference call on Tuesday, March 30, 2021 at 8:30 A.M. Eastern Time to review financial results, discuss recent events and conduct a question-and-answer session. A copy of the earnings release and presentation slides will be posted to the Quarterly Results section of the Companys website, https://www.radiusglobal.com/filings/quarterly-results. Webcast and Conference Call: The live webcast and presentation slides will be available through the News & Events section of the Companys website, https://www.radiusglobal.com/news-events/events-presentations. Participants are advised to go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 1-877-407-0789 or 1-201-689-8562, respectively. Upon dialing in, please request to join the Radius Global Infrastructure Fourth Quarter and Full Year 2020 Earnings Conference Call. A replay of the webcast and access to the presentation slides will be available on the Companys website until Tuesday, April 13, 2021, at https://www.radiusglobal.com/news-events/events-presentations. 2021 Annual Meeting of Stockholders: The Board of Directors of the Company has determined to hold the 2021 Annual Meeting of Stockholders virtually. An in-person meeting at a physical location will not be held. The date and time of the Annual Meeting will be Tuesday, May 25, 2021, at 8:30 A.M. Eastern Time. Stockholders at the close of business on March 29, 2021 and our guests will be able to attend the Annual Meeting virtually. Details regarding access to the Companys proxy materials, voting and attending the Annual Meeting will be disseminated in April. About the Company: Radius Global Infrastructure, Inc., through its subsidiary AP Wireless ("APW"), is a multinational owner of a growing, diversified portfolio of triple-net ground, rooftop and other critical communications properties leased to wireless carriers and tower companies underlying their mission critical cell site antenna infrastructure. APW's proven lease origination engine drives highly attractive yields on capital invested. The Company is also expanding into other digital infrastructure segments and has a broad pipeline of proprietary and non-proprietary acquisitions, investments and build-to-suit opportunities. For further information see https://www.radiusglobal.com.
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Radius Global Infrastructure Announces Fourth Quarter and Full Year 2020 Earnings Release Date and 2021 Annual Stockholders Meeting
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CASTRO VALLEY, Calif., July 7, 2020 /PRNewswire/ --Blue Beyond Consulting today announced that it is once again Great Place to Work-Certified. This is the fifth consecutive year Blue Beyond has received this recognition. "We are so honored to be named a Great Place to Work for the fifth year in a row," said Cheryl Fields Tyler, Founder and CEO of Blue Beyond Consulting. "This is truly a testament to the people at Blue Beyond, and how hard each and every person works to make our culture one where we all belong and where we all can thrive. I'm so proud of how our team has shown up, cared for each other, and truly lived Blue Beyond's purpose and values during this time of uncertainty." Using validated employee feedback gathered with Great Place to Work's rigorous, data-driven "For All" methodology, certification confirms that seven out of 10 employees have a consistently positive experience at Blue Beyond. Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation. "We congratulate Blue Beyond Consulting on their certification," said Sarah Lewis-Kulin, Vice President of Best Workplace List Research at Great Place to Work. "Organizations that earn their employees' trust create great workplace cultures that deliver outstanding business results." Great Place to Work CEO Michael C. Bush agreed at the 3rd annual Leadership Awards Gala earlier this year. "The financial performance of these organizations and the industry-leading commitment to corporate responsibility provide strong evidence that when you create a great place to work for all, it's better for business, better for people, and better for the world." Fields Tyler was among those recognized at the gala on March 3, 2020, with a For All Leadership Award from Great Place to Work. About Blue Beyond ConsultingBlue Beyond builds effective organizations where both the business and people thrive. The firm specializes in the people side of business culture, talent management, employee engagement, communications, organizational effectiveness, leadership, and change management. Blue Beyond serves clients throughout North America, including global Fortune 500 companies, non-profits, universities, and small- and mid-sized firms. Founded in 2006, Blue Beyond is headquartered in the San Francisco Bay Area with additional team members across the West Coast, the Midwest, and the Northeast. The company was ranked among the top 50 Best Small & Medium Workplaces by Great Place to Work and FORTUNE in 2017 and 2019, and named to FORTUNE's 2019 list of Best Workplaces in the Bay Area. Blue Beyond is a certified women-owned business by the Women's Business Enterprise National Council (WBENC). For more information, visitbluebeyondconsulting.com. Media Contact Darci Valentine 510-733-5417 [emailprotected] SOURCE Blue Beyond Consulting Related Links http://www.bluebeyondconsulting.com
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Blue Beyond Named Great Place to Work for Fifth Year in a Row
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LONDON--(BUSINESS WIRE)-- Ap19 FORM 8.3 IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION 2. INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) ORD Long Short Number (%) Number (%) (1) 3,041,948 2.52% 57,289 0.05% (2) 57,289 0.05% 2,475,717 2.05% (3) 0 0.00% 0 0.00% 3,099,237 2.57% 2,533,006 2.10% (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap20 1. DEALINGS (Note 4) (a) Purchases and sales Number of relevant securities Price per unit 9,099 5.7000 EUR (b) Derivatives transactions (other than options transactions) Nature of transaction Number of relevant securities Short 9,099 (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasing or varying Product name, e.g. call option Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including transactions in respect of new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) Ap21 2. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. None 3 Mar 2021 Large Holdings Regulatory Operations 020 3134 7213
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Form 8.3 - Applegreen PLC
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DES MOINES, Iowa, Dec. 2, 2020 /PRNewswire/ -- Meredith Corporation has been included on Newsweek's list of America's Most Responsible Companies for 2021. This recognition is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The list was announced earlier today and can currently be viewed on Newsweek's website. "As one of America's leading media and marketing companies, we are devoted to providing our consumers with essential, inspiring and trusted content; making our operations more environmentally friendly; and creating a just and inclusive environment for everyone," said Meredith Chairman and CEO Tom Harty. "Along with our 5,000 employees, I am honored to be recognized by Newsweek and Statista for our commitment to corporate social responsibility leadership." America's Most Responsible Companies were selected based on publicly available key performance indicators derived from corporate social responsibility, sustainability, and corporate citizenship reports, as well as an independent survey. The key performance indicators focused on company performance in the environmental, social, and corporate governance areas, and the independent survey asked U.S. citizens about their perceptions of company activities related to corporate social responsibility. Newsweek's list recognizes the top 400 most responsible companies in the United States, spanning 14 industries. "Our list of America's Most Responsible Companies highlights the firms that are bestwhen it comes to doing good," said Nancy Cooper, Newsweek's Global Editor in Chief."Congratulations to everyone at Meredith for earning this recognition." ABOUT MEREDITH CORPORATIONMeredith Corporation(NYSE: MDP), a leading media company for nearly 120 years, produces service journalism that engages audiences with essential, inspiring and trusted content. Meredith reaches consumers where they are across multiple platforms including digital, video, print, and broadcast television.Meredith's National Media Group reaches nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month through such iconic brands as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, and REAL SIMPLE. Meredith's premium digital network reaches more than 150 million consumers each month. The company is the No. 1 U.S. magazine operator with 36 million subscribers, and the No. 2 global licensor with robust brand licensing activities that include a Better Homes & Gardens partnership with Walmart. Meredith's Local Media Group portfolio includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets, including Atlanta, Phoenix, St. Louis and Portland, and 13 stations in the Top 50. SOURCE Meredith Corporation Related Links https://www.meredith.com
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Meredith Corporation Included on Newsweek's List of America's Most Responsible Companies
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DUBLIN, Jan. 27, 2021 /PRNewswire/ -- The "A2P Messaging Market by Component (Platform and A2P Service), Application (Authentication, Promotional and Marketing, and CRM), Deployment Mode, SMS Traffic (National and Multi-Country), End User, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global A2P messaging market size is expected to grow from USD 62.1 billion in 2020 to USD 72.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period. The global A2P messaging market exhibits profitable growth in the next five years. The increase in A2P messaging traffic is influenced by a range of services that businesses are offering to their customers, which include banking and transaction details, insurance claim processing, location confirmation, and medical and appointment reminders. Enterprises are communicating more with their customers via mobile messaging; most brands and enterprises are choosing messaging to promote and market their products and services to attract and engage with new customers. As the A2P message providers search for the lowest cost delivery method, the traffic is directed through unauthorized channels; mobile carriers across the globe are losing their revenue through unauthorized grey routes. If left unchecked, this will lead to the widespread use of SMS grey routes at the carriers' expense. By deployment mode, the on-premises segment to record a higher growth rate during the forecast period. By deployment mode, the on-premises segment is expected to record a higher growth rate during the forecast period. The on-premises segment and deployment mode is adopted by players who can install the platform at their own end without taking the service from a cloud service provider. In the A2P messaging market, most end users take the platform from SMS aggregators who service from cloud service providers. There are very few end-users who choose an on-premise mode of deployment and therefore, the cloud segment holds a large market share leading to the on-premises segment growing at a higher CAGR. Among applications, the authentication services segment to grow at the highest CAGR during the forecast period. Under the applications segment, the authentication services segment is expected to grow at the highest growth rate during the forecast period. Authentication services are basically used for communicating the authenticating messages to the customers In the A2P SMS market are used for applications are increasing which is increasing the number of logging in and registering messages for the consumers leading to a high growth rate of this segment. Among regions, Asia Pacific to grow at the highest CAGR during the forecast period. The Asia Pacific (APAC) market is projected to grow at the highest CAGR during the forecast period. The APAC region is witnessing high growth due to the increasing adoption of new technologies, the rising investments for digital transformation, and the growing GDP in APAC countries. China, Japan, and India are the major countries contributing to the growth of the A2P messaging market in APAC. Owing to a massive mobile subscriber base, enterprises in this region are becoming more competitive, and are focusing on offering better security services in the text messaging segment. Hence, the untapped potential of APAC is attracting investments by major companies. A majority of MNOs are focusing on expanding their business operations in countries across the region. This is expected to offer potential growth opportunities for A2P SMS providers to increase their brand awareness. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights4.1 Attractive Opportunities in the A2P Messaging Market4.2 Market, by Deployment Mode4.3 Market in North America, by Component and Application4.4 Market in Asia-Pacific, by Component and Application5 Market Overview and Industry Trends5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increasing Number of Advertising and Marketing Companies5.2.1.2 Growing Number of Mobile Subscribers to Fuel A2P Messaging5.2.1.3 Growing Use of A2P Messaging Among Major Industries5.2.2 Restraints5.2.2.1 Stringent Government Regulations and Policies5.2.3 Opportunities5.2.3.1 Growing Trend of Mobile Marketing Via Messaging5.2.3.2 Increased Adoption of A2P Sms by Ott Players to Drive Revenue for Mnos5.2.4 Challenges5.2.4.1 Difficulty in Maximizing Monetization of A2P Messaging5.2.4.2 Grey Route Traffic Causing Significant Revenue Loss for Mnos5.2.4.3 Increasing Sms Fraudulent Activities, Such as Sms Phishing, Sms Spoofing, and Sms Spamming5.3 Case Study Analysis5.4 Technology Analysis5.4.1 Artificial Intelligence5.4.2 Internet of Things5.4.3 Analytics5.5 Value Chain Analysis5.5.1 End-users5.5.2 Sms Aggregators and Api Messaging Platform Providers5.5.3 Telecom Operators5.5.4 Applications5.6 Average Selling Price Trend5.7 Patent Analysis5.8 Porter's 5 Forces Analysis5.8.1 Threat of New Entrants5.8.2 Threat of Substitutes5.8.3 Bargaining Power of Buyers5.8.4 Bargaining Power of Suppliers5.8.5 Competition Rivalry5.9 Impact of COVID-19 on the Market5.9.1 Supply Side6 A2P Messaging Market, by Component6.1 Introduction6.1.1 Component: Market Drivers6.1.2 Component: COVID-19 Impact on the Market6.2 Platform6.3 A2P Service7 A2P Messaging Market, by Application7.1 Introduction7.1.1 Applications: Market Drivers7.1.2 Applications: COVID-19 Impact on the Market7.2 Authentication Services7.3 Promotional and Marketing Services7.4 Pushed Content Services7.5 Interactive Messages Services7.6 Customer Relationship Management Services7.7 Others8 A2P Messaging Market, by Deployment Mode8.1 Introduction8.1.1 Deployment Mode: Market Drivers8.1.2 Deployment Mode: COVID-19 Impact8.2 On-Premises8.3 Cloud9 A2P Messaging Market, by Sms Traffic9.1 Introduction9.1.1 Traffic: Market Drivers9.1.2 Sms Traffic: COVID-19 Impact on the Market9.2 National Traffic9.3 Multi-Country10 A2P Messaging Market, by End-user10.1 Introduction10.1.1 End-User: Market Drivers10.1.2 End-user: COVID-19 Impact on the Market10.2 Banking, Financial Services, and Insurance10.3 Retail and Ecommerce10.4 E-Governance10.5 Hyperlocal Businesses10.6 Healthcare10.7 Travel and Hospitality10.8 Others11 A2P Messaging Market, by Region11.1 Introduction11.2 North America11.3 Europe11.4 Asia-Pacific11.5 Middle East and Africa11.6 Latin America12 Competitive Landscape12.1 Introduction12.2 Market Evaluation Framework12.3 Historical Revenue Analysis12.4 Revenue Analysis of the Top Market Players12.5 Ranking of Key Players in the A2P Messaging Market, 202012.6 Company Evaluation Matrix12.6.1 Star12.6.2 Emerging Leader12.6.3 Pervasive12.6.4 Participant12.6.5 Product Portfolio and Business Strategy Analysis of A2P Messaging Vendors12.7 Startup/SME Evaluation Matrix, 202012.7.1 Progressive Companies12.7.2 Responsive Companies12.7.3 Dynamic Companies12.7.4 Starting Blocks13 Company Profiles13.1 Introduction13.2 AT&T13.3 Sinch13.4 Infobip13.5 China Mobile13.6 Comviva13.7 Orange13.8 Route Mobile13.9 Twilio13.10 Bics13.11 Monty Mobile13.12 Syniverse13.13 Global Message Services13.14 Tyntec13.15 Silverstreet13.16 Vonage13.17 Genesys13.18 Tata Communications13.19 Cequens13.20 Clearsky Technologies13.21 Sify Technologies13.22 Msg9113.23 Mitto13.24 Textlocal13.25 Clickatell13.26 Messagebird14 Appendix For more information about this report visit https://www.researchandmarkets.com/r/p3hkr9 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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The Worldwide A2P Messaging Industry is Expected to Reach $72.8 Billion by 2025
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SANTA ANA, Calif., Aug. 26, 2020 /PRNewswire/ --Discovery Cube Connect, the virtual platform of Discovery Cube, today announced the launch of a new content series, "Backyard Science Adventures" which offersscience-based activities that inspire children to explore the hidden worlds outside their homes and have fun with science. The three backyard adventures include "Backyard Bubblefest," "Pet Power" and "Flappers, Flutterers and Flyers" and all support scientific observation, experimentation, investigation and hands-on discovery online and off.Learners advance through a series of activities before completing a challenge and earning a badge as a backyard expert. Developed in partnership with Discovery Cube's educational experts and content production team, each "Backyard Science Adventure" features a number of educational videos and engaging activities that align with Next Generation Science Standards (NGSS) and engineering practices. All of the content for "Backyard Science Adventures" has been tailored for kids K-5. "Backyard Science Adventures delivers a fun and educational way of interacting with the world right from your home," said Joe Adams, CEO, Discovery Cube. "Today's pandemic impacted environment has only heightened the need for our mission to help families and inspire children through hands-on STEM programming. Given the temporary closure of our science center's we needed to evolve the way hands-on education was delivered. It was important for us to expand our digital offerings and create a real-world science adventure that could be explored in homes throughout the community." "Backyard Science Adventures" is the first in a series of "Science Adventures" that will appear throughout the year as part of Cube Studios original content series. Cube Studios is the in-house content and development team for Discovery Cube, Discovery Cube Connect and Discovery Science Foundation. Cube Studios aims to offer original STEM-based content that includes educational videos, images, GIFs, etc. and delivers a "digital-first" experience that not only educates and entertains but inspires a love for STEM learning in all children. "It's been so exciting working with the Discovery Cube team to develop the Backyard Bubblefest adventure for kids," said Melody Yang, New York City actress and internationally acclaimed bubble scientist and performer of the Mega BubbleFest Laser Show. "The true magic of bubbles is not just watching them float magically through the air but truly understanding the science behind how bubbles are made and how easily kids can make them from home." Given the current school closures, the need for high-quality content, educational tools and resources are at a premium and Discovery Cube wants to support all parents and teachers in their efforts to expand student learning with age-appropriate virtual discoveries. Discovery Cube and Discovery Cube Connect will continue to expand its digital offerings as new features, content and activities are added to the site. All content on Discovery Cube Connect is available free of charge and can be accessed on most connected devices including iOS and Android phones and devices, tablets, desktop computers and laptops. About Discovery Cube Established in 1989, the Discovery Cube, continues to inspire, educate and impact millions of young minds through engaging science-based programs and exhibits. In 2012, the Cube was named one of the 10 "Most Trusted Brands" in Orange County and in 2013 was awarded the National Medal of service from the Institute of Museum and Library Services at The White House. In November 2014, a second Discovery Cube location was opened in the Hansen Dam Recreational Area of the San Fernando Valley offering exhibits and programs unique to Los Angeles. Most recently, Discovery Cube's Ocean Quest opened in Newport Beach as a base of operations for ocean and marine science education and programs.Discovery Cube Connect is the digital platform for the Discovery Science Foundation's interactive and online educational offering. For more information, visitdiscoverycube.org and discoverycubeconnect.org Follow the latest on our social channels (@thediscoverycube). Media Contacts: Erin Warady[emailprotected] SOURCE Discovery Cube Related Links https://www.discoverycube.org
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"Backyard Science Adventures" Are The Latest Digital Educational Offerings From Discovery Cube Connect New Virtual Adventure Series Invites Children to Become Backyard Science Experts as They Experiment and Explore in the Great Outdoors
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SAN DIEGO, April 29, 2021 /PRNewswire/ --This sun season, Sun Bum will roll out a series of summer protection campaigns all centered around protecting those that live and love in the sun. Starting in May for Skin Cancer Awareness Month, Sun Bum unveils their We Are Not Bananas campaign to help spread the message that many forms of skin cancer, the mostcommoncancer in the United Statesand worldwide, is actually preventable. On May 1st, Sun Bum will cover 50 statues across the country in banana suits because bananas are protected head to toe, just like we should be, and statues can't protect themselves from the sun, but you can. The brand feels it's not bananas to think we can prevent sun damage that can lead to skin cancer, and the more awareness they raise, the more people can protect themselves from the sun. An evolution from their #BananaSuitChallenge, the campaign takes a non-scare tactic approach to spread awareness and sun protection education. SUN BUM PROTECTS 50 STATUES ACROSS THE U.S. TO RAISE SKIN CANCER AWARENESS WITH WE ARE NOT BANANAS CAMPAIGN The incredible range of statues, sculptures and personalities that will bring attention to this worthy cause includeKelly Slater in Cocoa Beach, Fl., Dolly Parton in Sevierville, TN., and Inner Dialogue in New York City. Hollywood costume designer Erik Dixon led a team of pattern makers, tailors and local seamstresses in each state to create custom banana suits, with over 20 fittings per statue, and a lot of trial and error. Through hundreds of conversations with public art commissions, government agencies, city mayors, museum curators and more, all 50 states came together to support, scale and inspire conversation and education around skin cancer. "1 in 5 people will be diagnosed with skin cancer in their lifetime. Sun Bum has always been a source of positivity and community, looking for ways to protect the ones we love, no matter what the circumstance," says Russell Radebaugh, Vice President Marketing & International at Sun Bum. "With our non-scare tactic approach of dressing statues in banana suits, we hope to create great awareness and virality to change the stat to 1 in 6 and remind everyone to use sunscreen daily." Sun Bum will also take their awareness and education efforts to TikTok and Target.Sun Bum has emerged as a Gen Z favorite on TikTok, with #sunbum organically garnering over 25 million views before even formally entering the platform in April 2021. According to the Skin Cancer Foundation, on average, a person's risk for melanoma doubles if they have had more than five sunburns, but just one blistering sunburn in childhood or adolescence more than doubles a person's changes of developing melanoma later in life.* To ensure good sunscreen habits are formed at a young age, Sun Bum will be creating content on TikTok with original music that captures Gen Z's attention in a unique and engaging way - encouraging them to live and love in the sun, while staying protected. Sum Bum will also launch The Summer of Love Collection exclusively at Target this May to stoke out their community, be a source of love, and make sunscreen even more accessible. The line of seven SPF products will showcase the universal symbol of love, a heart, on the packaging in place of the brand's iconic Sonny logo.Ultimately, Sun Bum believes the best type of sunscreen is the one that you will use. Regular daily use of an SPF 15 or higher reduces the risk of developing melanoma by 50 percent.* They've expanded existing offerings to include new formulas, formats, and categories to ensure everyone has something that works for them. Original SPF 45 Sunscreen Face Mist, Original SPF 70 Sunscreen Face Lotion and Original SPF 15 Sunscreen Hand Cream all join the brand's original and mineral sunscreen portfolio at sunbum.com, surf shops, Ulta Beauty, Target, Amazon and CVS. Lastly, two new board-certified Dermatologists have joined the Sun Bum family and community, Dr. Angelo Landriscina and Dr. Adeline Kikam, to provide education on skin health, skin cancer prevention, share trustworthy information and recommendations as well as drive awareness about wearing sunscreen daily to protect from damaging UVA/UVB rays. While there are things you can do to prevent skin cancer, it's also important to know your spots and get annual skin exams with a board-certified dermatologist as most skin cancers can be successfully treated if caught early. Dr. Landriscina and Dr. Kikam will work hand-in-hand with Sun Bum to continue to educate their community on how they can not only prevent but also detect skin cancer early, so everyone can continue to live and love in the sun, safely.To learn more, please visit SunBum.com. For more information on the We Are Not Bananas Campaign and to view the full list of statues and cities, please visit: https://www.sunbum.com/pages/we-are-not-bananas *Reference, The Skin Cancer FoundationAbout Sun Bum:Sun Bum is a lifestyle company that creates a wide range of premium skin care, hair care, lip care and baby care products. Founded in 2010, in Cocoa Beach, Florida, the brand was created by a group of friends who wanted products for themselves and their families that reflected the essence, aesthetic and socially conscious vibe of their small beach community. Sun Bum started in surf shops, where it still holds its roots, and was quickly discovered by chic boutiques and luxury hotels before becoming one of the fastest growing brands at Target, Ulta Beauty, CVS, Walgreens, Kroger and other leading retailers around the world. While the company has gotten much bigger, they insist that they haven't changed. They still take surf breaks, listen to old albums, don't use focus groups, and try to catch the sunset every night. They make products the way they like them and hope you like them too. Learn more at sunbum.com. SOURCE Sun Bum
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Sun Bum Protects 50 Statues Across The U.S. To Raise Skin Cancer Awareness With "We Are Not Bananas" Campaign The Brand Commits to Protecting Communities Through TikTok, Target and Dermatologist Partners
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NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. (Nasdaq: IIIV) (the Company) today announced a proposed underwritten public offering of 3,250,000 shares of Class A common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 487,500 shares of Class A common stock. The Company intends to use the net proceeds from the sale of 3,250,000 shares of Class A common stock in the offering for general corporate purposes, including to repay outstanding indebtedness and to fund strategic acquisition opportunities. BofA Securities and Morgan Stanley & Co. LLC are serving as joint book-running managers and as representatives of the underwriters. The shares are being offered pursuant to an effective shelf registration statement (including a prospectus) (the Registration Statement) on Form S-3 (File No. 333-233126) filed with the U.S. Securities Exchange Commission (the SEC) and only by means of a prospectus and prospectus supplement. A preliminary prospectus supplement relating to, and describing the terms of, the offering was filed with the SEC on September 9, 2020. The final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SECs website at www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus for this offering can be obtained from: This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About i3 Verticals Helping drive the convergence of software and payments, i3 Verticals delivers seamlessly integrated payment and software solutions to small- and medium-sized businesses and other organizations in strategic vertical markets, such as education, non-profit, the public sector, property management, and healthcare and to the business-to-business payments market. With a broad suite of payment and software solutions that address the specific needs of its clients in each strategic vertical market, i3 Verticals processed approximately $14.2 billion in total payment volume for the 12 months ended June 30, 2020. Forward-Looking Statements This release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this release are forward-looking statements, including any statements regarding guidance and statements of a general economic or industry specific nature. Forward-looking statements give the Companys current expectations and projections relating to its financial condition, results of operations, guidance, plans, objectives, future performance and business. You generally can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as anticipate, estimate, expect, project, plan, intend, believe, may, will, should, could have, likely and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Forward-looking statements are not guarantees of future performance, and the Companys actual results could differ materially from the expectations expressed or implied in any forward-looking statements. You should not put undue reliance on them. Examples of forward-looking statements contained in this release include statements about the Companys use of proceeds from the proposed offering. Actual results may differ from those contained in any forward-looking statements made in this release for a variety of reasons, including those described in Risk Factors and Note Regarding Forward-looking Statements in the Companys Annual Report on Form 10-K for the year ended September 30, 2019, in its subsequent periodic reports, and in Risk Factors and Note Regarding Forward-looking Statements in the Registration Statement filed with the Securities and Exchange Commission, as supplement by a prospectus supplement.
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i3 Verticals, Inc. Launches Public Offering of Class A Common Stock
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SPRING, Texas, Nov. 23, 2020 /PRNewswire/ -- Today, the Global Prebiotic Association (GPA) issued a call for applications for the 2021 GPA Young Researcher Awardhonoring a young scientific researcher as the first author of a research paper that has driven a remarkable advancement in the understanding of the science or impact of prebiotics. GPA defines a prebiotic as "A nutritional product and/or ingredient selectively utilized in the microbiome producing health benefits." The winner will receive $2,500 USD and a one year GPA Professional Membership. Continue Reading "This award recognizes the importance of new and emerging researchers who may not otherwise garner enough attention," said GPA's Executive Director Len Monheit "This award recognizes the importance of new and emerging researchers who may not otherwise garner enough attention," said GPA's Executive Director Len Monheit. "We are at an exciting time in prebiotics research and want to elevate the incredible work taking place across the globe and promote excellent science by giving the winner acclaim and access to GPA's membership." Topics can cover any aspect of prebiotic research including gut and other microbiomes and must be original research published in a peer-reviewed journal. This award program is open to postdoctoral fellows or PhD students and the first author must be younger than 36 years at the application deadline of January 31, 2021. Applications will be judged by a panel of expert scientists from the prebiotic field, including GPA members and other researchers from around the world. The winner will be announced in March 2021. Interested parties can learn more on the GPA website at PrebioticAssociation.org. About the Global Prebiotic AssociationThe Global Prebiotic Association is comprised of scientifically-validated prebiotic ingredient manufacturers, brand holders, retailers and service companies. The association is focused on the education and awareness building of prebiotics. For more information on prebiotics and the Global Prebiotic Association, please visitwww.prebioticassociation.org.Media Contact: Traci Kantowski, Communications Director, Global Prebiotic Association 832-843-7287 | [emailprotected]SOURCE Global Prebiotic Association
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Global Prebiotic Association Announces Call for Applications for the 2021 GPA Young Researcher Award
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WILMINGTON, Del.--(BUSINESS WIRE)--Today, Barclays US Consumer Bank announced a multi-year extension of its co-branded credit card agreement with Upromise to issue the Upromise Mastercard through 2027. The Upromise Mastercard, issued by Barclays since 2012, is designed for families saving for their childrens college education. Barclays is focused on helping our strategic partners succeed by creating products and experiences that drive greater loyalty while providing more ways for consumers to unlock value with the brands they love, said Bob Highland, Head of Cards and Partnerships, Barclays US Consumer Bank. Upromise has been a valued partner of Barclays for over eight years, and we are thrilled to extend our agreement with them to help individuals save for their childrens college education and get the most for their money. The contract extension is the first agreement Barclays has entered into with Upromise since Upromise was purchased by Prodege, LLC, an internet and media company comprised of leading consumer rewards platforms that deliver engaging content to more than 120 million members. Chuck Davis, CEO & Chairman of Prodege, LLC, congratulated Barclays: We are excited about extending our partnership with Barclays, allowing Upromise to provide families across the country with new opportunities to enhance college savings with rewards for everyday spending, shopping and dining. The Upromise Mastercard makes saving for college easier by turning everyday spending into significant college savings, and in the coming months, Barclays and Upromise will be rolling out new features for the card that will bring even more value to Upromise cardmembers. More information will be announced during Q1 2021. About Barclays Barclays US Consumer Bank is one of the fastest-growing top 10 credit card issuers in the United States. The bank creates customized, co-branded credit card programs for some of the country's most successful travel, entertainment, retail and affinity institutions, and offers its own branded online savings accounts and CDs. For more information, please visit www.BarclaysUS.com. About Upromise As a part of the Prodege family, Upromise provides unique opportunities for consumers to earn rewards for spending, shopping, dining out, and other activities, and then automatically deposits those rewards as contributions to any linked bank account or 529 Plan education savings account. Contributions into a 529 account can be invested and grow tax-free, and then can be withdrawn tax-free for qualified education expenses. Over the years, Upromise has awarded its members more than $1 billion in rewards. Upromise also sponsors the Upromise 529 Scholarship program helping more kids go to college. Visit http://www.upromise.com for more information.
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Barclays and Upromise Announce Multi-year Extension for the Upromise Mastercard Agreement extends partnership through 2027
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DUBLIN, July 23, 2020 /PRNewswire/ -- The "Hadoop-as-a-service Market by Deployment Type and Pure Play, Organization Size and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering. According to the report, the Hadoop-as-a-service market was valued at $ 5,279 million in 2018, and is projected to reach $74,097 million by 2026, growing at a CAGR of 39.2% from 2019 to 2026.Factors such as increase in penetration of Internet of Things (IoT) across the globe; rise in demand for cost-effective solutions for the management of Big Data; and wideacceptance of HaaS across different industry verticals such as IT, banking, manufacturing, and telecommunication significantly contribute toward the growth of the Hadoop-as-a-service market. In addition, decline in prices of cloud-based services and surge in demand of HaaS from small & medium enterprises (SMEs) are expected to fuel the market growth. In addition, rise in dependency on situational awareness systems (SASs) for cybersecurity is expected to drive the growth of the market. However, low security for highly confidential data and lack of awareness about benefits of this technology are expected to impact negatively on the Hadoop-as-a-service market growth. On the contrary, ongoing partnership & funding taking place in Hadoop market and rising popularity of e-commerce are expected to provide lucrative opportunities for the market growth in the coming years.Depending on deployment type, the run-it-yourself (RIY) segment dominated the overall Hadoop-as-a-service market share in 2018, and is expected to continue this trend during the forecast period. This is attributed to its key benefit that the user does not have to worry about the installation, configuration, and regular updating part of the software, as the model provides full-service support options. However, the pure play (PP) segment is expected to witness highest growth in the near future, owing to the fact that the service does not require hand-operated intervention to configure when the data size extents or contracts. In addition, the service provides users with non-technical interface to use HDaaS without understanding the underlying software.The IT & telecommunication segment dominated the Hadoop-as-a-service market size in 2018, and is expected to continue this trend during the forecast period. Number of leading telecommunication organizations have opted to deploy Big Data systems to enable large-scale data analysis and processing. This has led them in handling customer issues and to achieve customer satisfaction, which, in turn, drive the adoption of Hadoop-as-a-services.However, the healthcare & life sciences segment is expected to witness highest CAGR during the forecast period, owing to surge in adoption of Hadoop in fraud prevention and detection, which positively impacts the market growth. For instance, almost 10% of the healthcare insurance payments are attributed to fraudulent claims, and worldwide this is estimated to be a multibillion dollar problem. The capability of Hadoop to store large unstructured data sets in NoSQL databases and surge in use of this data to analyze and detect patterns in the field of fraud detection boost the growth of the Hadoop-as-a-service industry.Some of the key market players profiled in the report include Microsoft Corporation, IBM Corporation, Amazon web services, Cloudera Inc., Google Inc., MapR Technologies, EMC Corporation, Mortar Data (Datadog), SAP SE, and Datameer.This study includes Hadoop-as-a-service market analysis,hadoop-as-a-service market trends, and future estimations to determine the imminent investment pockets.Key Findings By deployment type, the run-it-yourself (RIY) segment dominated the Hadoop-as-a-service market. However, the pure play (PP) segment is expected to exhibit significant growth during the forecast period. Depending on organization size, the large enterprise segment accounted for the highest revenue in 2018. On the basis of end user, IT & telecommunication industry generated the highest revenuein 2018. However, healthcare & life sciences industry is expected to witness highest growth rate in the near future. Region-wise, North America is expected to witness significant growth in the upcoming years. However, Asia-Pacific is expected to witness highest growth rate in the near future. Key Topics Covered Chapter 1: Introduction1.1. Report Description1.2. Key Benefits for Stakeholders1.3. Key Market Segments1.4. Research MethodologyChapter 2: Executive Summary2.1. Key Findings2.1.1. Top Impacting Factors2.1.2. Top Investment Pockets2.2. Cxo PerspectiveChapter 3: Market Overview3.1. Market Definition and Scope3.2. Porter's Five Forces Analysis3.3. Case Studies3.3.1. Pontis (Acquired by Amdocs)3.3.2. Razorsight3.1. Market Dynamics3.1.1. Drivers3.1.1.1. Increase in Competition in the Business Environment3.1.1.2. Extremely Low Upfront Costs Compared to On-Premises Hadoop3.1.1.3. Increasing Adoption of HaaS by Small and Medium Enterprises (SMEs)3.1.1.4. Flexibility and Agility for Businesses Provided by HaaS3.1.2. Restraints3.1.2.1. Low Security for Highly Confidential Data3.1.2.2. Lack of Awareness About Benefits of this Technology3.1.3. Opportunities3.1.3.1. Ongoing Partnership and Funding Taking Place in Hadoop Market3.1.3.2. Rising Popularity of e-Commerce3.2. Impact of Government Regulations on the Global Big Data and Business Analytics Market3.3. Pricing Models: Hadoop-as-a-Service Market3.3.1. Freemium3.3.2. Pay-Per-Use3.3.3. Subscription Based3.4. Monetizing Model Implemented by HaaS Providers3.4.1. Per Node Cost3.4.2. Mapreduce Cost3.4.3. Software Usage Per Hour3.4.4. Data Transfer Cost3.4.5. Storage Cost3.4.6. Processing Cost3.5. Evolution of Hadoop TechnologyChapter 4: Global Hadoop-as-a-Service Market, by Deployment Type4.1. Overview4.2. Run-It-Yourself (RIY)4.3. Pure Play (PP)Chapter 5: Global Hadoop-as-a-Service Market, by Organization Size5.1. Overview5.2. Small and Medium-Sized Enterprises5.3. Large EnterprisesChapter 6: Hadoop-as-a-Service Market, by End-user6.1. Overview6.2. Manufacturing6.3. BFSI6.4. Retail & Consumer Goods6.5. Healthcare & Life Sciences6.6. Government & Defense6.7. Media & Entertainment6.8. Education6.9. IT & Telecommunication6.10. OthersChapter 7: Hadoop-as-a-Service Market, by Region7.1. Overview7.2. North America7.3. Europe7.4. Asia-Pacific7.5. LAMEAChapter 8: Competitive Landscape8.1. Top Winning Strategies8.2. Key Player Positioning8.3. Competitive Dashboard8.4. Competitive Heatmap8.5. Key Developments8.5.1. New Product Launches8.5.2. Partnership8.5.3. Acquisition8.5.4. Product Development8.5.5. Collaboration8.5.6. Business Expansion8.5.7. AgreementChapter 9: Company Profiles9.1. Amazon Web Services, Inc.9.1.1. Company Overview9.1.2. Key Executives9.1.3. Company Snapshot9.1.4. Operating Business Segments9.1.5. Product Portfolio9.1.6. Business Performance9.1.7. Key Strategic Moves & Developments9.2. Cloudera, Inc.9.3. Datadog9.4. Datameer, Inc.9.5. Dell EMC9.6. Google LLC9.7. International Business Machines Corporation9.8. MAPR Technologies, Inc.9.9. Microsoft Corporation9.10. SAP SE (Altiscale)For more information about this report visit https://www.researchandmarkets.com/r/n63i9c Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected]For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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Global Hadoop-as-a-Service (HaaS) Industry Forecast to 2026 Featuring Amazon Web Services (AWS), Cloudera, Datadog, Datameer, and Dell EMC Amongst Others
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GLENDALE, Calif.--(BUSINESS WIRE)--PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Companys 2020 dividends. For the tax year ended December 31, 2020, 100% of the distributions for the common stock and all the various series of preferred stock for all four quarters were classified as ordinary income. The Company did not declare a capital gain distribution, nor did it have any undistributed long-term capital gain for 2020. The ordinary income dividends are not qualified dividend income for purposes of determining dividends that are taxed as net capital gain. For shareholders other than corporations, the ordinary dividends are qualified REIT dividends under the qualified business income provisions enacted as part of the Tax Cuts and Jobs Act of 2017. This release is based on the preliminary results of work on the Companys tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Companys distributions. No material change in this classification is expected. If you have questions, please consult your tax advisor for further guidance. Company Information PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of December 31, 2020, the Company wholly owned 27.7 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in a development of a 411-unit multifamily apartment complex. Additional information about PS Business Parks, Inc. is available on the Companys website which can be found at psbusinessparks.com.
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PS Business Parks, Inc. Announces Tax Treatment of 2020 Dividends
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NEW YORK, May 12, 2020 /PRNewswire/ --Hlsa, maker of the first and only 100% clean oatmilk yogurts, had a historic day as the brand planted Scandinavian-style organic oat seeds at the pilot farm for their dairy-to-oat conversion program in upstate New York. (PRNewsfoto/Hlsa Foods) "At a time when everybody is complaining about the food supply chain problems, Hlsa is actually taking action and doing something about it," shared Hlsa co-founders Helena Lumme and Mika Manninen. Following their multi-step program built with Scandinavian organic oat scientists and experts, Hlsa is teaching U.S. dairy farmers to grow organic oats with the same zero water footprint method used in Scandinavia. Hlsa's co-founders further noted, "Our program allows U.S. dairy farmers to create a domestic supply chain for premium organic oats that isn't dependent on imports. We are taking a big step to reshape the future of food in America - a vision that is now more important than ever. We implore others to take similar action in supporting and fostering growth for premium ingredients right here in the USA." The Hlsa dairy-to-oat farm conversion program creates a long-term resolution in the U.S. food industry by domestically growing more sustainable, nutritious and higher quality oats that can be used in multiple healthy plant-based foods.Watch Mika Manninen, co-founder of Hlsa, present the initiative on-site at the High Meadows Farm in Hoosick, New York, here.About Hlsa FoodsHlsa Foods was founded by Helena Lumme and Mika Manninen on their innovation of the new 100% clean plant-based platform. Hlsa Organic Oatgurts are sold at ShopRite, Fairway Market, Fresh Direct, all NYC airports, and at select New York metro area stores. Learn more at halsafoods.com, and follow along on Instagram, Facebook, Twitter and YouTube. SOURCE Hlsa Foods Related Links http://halsafoods.com
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Hlsa Foods Paves the Way for U.S. Dairy Farmers to Move to Plant-based Agriculture As U.S. food supply chain sputters Hlsa creates a win-win for farmers, people and the planet
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SAN ANTONIO--(BUSINESS WIRE)--For the 14th consecutive year, Dollar Tree customers can purchase holiday toys for military children across the country. The Holiday Toy Drive is an Operation Homefront program designed to ease financial burdens that often accompany the holiday season for junior- and mid-grade (E1-E6) service members and their families. Shoppers can place the purchased toys into collection boxes at store checkout counters through December 3. Operation Homefront volunteers will collect the toys to be distributed at the nonprofits nationwide holiday events and by on-base Family Readiness Groups. The annual partnership between Dollar Tree and Operation Homefront began in 2006. Dollar Tree is very proud to partner with Operation Homefront to help serve military families through their annual Holiday Toy Drive program, said Chelle Davis, Dollar Tree spokesperson. Supporting our nations military families is a high priority for Dollar Tree and we would like to thank our generous customers who help us make the holidays a little brighter for military families across the country." Our military families have been hit especially hard by the COVID-19 pandemic and Dollar Trees unwavering commitment to our mission to help Americas military families who are struggling to make ends meet is greatly appreciated, said Brig. Gen. (ret.) John I. Pray Jr., president & CEO of Operation Homefront. The need for our highly valued Holiday Toy Drive program will be even more important this year and we are thrilled to have the continued support of the entire Dollar Tree family and all their caring customers for a 14th season. Visit OperationHomefront.org/HolidayToys for more information about how to volunteer, sponsor, and donate toys or to register to receive toys at a distribution event. About Dollar Tree: Dollar Tree, a Fortune 200 Company, operates more than 15,000 stores across 48 states and five Canadian provinces. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada. To learn more about the Company, visit www.DollarTree.com. About Operation Homefront: Founded in 2002, Operation Homefront is a national nonprofit organization whose mission is to build strong, stable, and secure military families so that they can thrive not simply struggle to get by in the communities they have worked so hard to protect. Recognized for superior performance by leading independent charity oversight groups, over 90 percent of Operation Homefront expenditures go directly to programs that support tens of thousands of military families each year. Operation Homefront provides critical financial assistance, transitional and permanent housing and family support services to prevent short-term needs from turning into chronic, long-term struggles. Thanks to the generosity of our donors and the support from thousands of volunteers, Operation Homefront proudly serves Americas military families. For more information, visit OperationHomefront.org.
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Operation Homefront and Dollar Tree to Wrap Up 2020 by Bringing Holiday Joy to Military Children Dollar Tree and its customers continue support of Operation Homefronts Holiday Toy Drive for 14th year
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