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edtsum200 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cardiovascular catheters market and it is poised to grow by USD 3.07 bn during 2020-2024, progressing at a CAGR of almost 8% 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. Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Co., BIOTRONIK SE & Co. KG, Boston Scientific Corp., Cook Group Inc., Medtronic Plc, Merit Medical Systems Inc., MicroPort Scientific Corp., and Terumo Corp. 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 Improved MI and robotic-assisted surgeries 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 Cardiovascular Catheters Market 2020-2024: Segmentation Cardiovascular Catheters Market is segmented as below: Cardiovascular Catheters 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 cardiovascular catheters market report covers the following areas: This study identifies the integration of the robotic cardiac catheter system and hybrid operating room equipment as one of the prime reasons driving the cardiovascular catheters 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 Cardiovascular Catheters Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product 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.
Answer: | COVID-19 Recovery Analysis: Cardiovascular Catheters Market | Improved MI And Robotic-assisted Surgeries to Boost the Market Growth | Technavio | LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cardiovascular catheters market and it is poised to grow by USD 3.07 bn during 2020-2024, progressing at a CAGR of almost 8% 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. Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Co., BIOTRONIK SE & Co. KG, Boston Scientific Corp., Cook Group Inc., Medtronic Plc, Merit Medical Systems Inc., MicroPort Scientific Corp., and Terumo Corp. 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 Improved MI and robotic-assisted surgeries 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 Cardiovascular Catheters Market 2020-2024: Segmentation Cardiovascular Catheters Market is segmented as below: Cardiovascular Catheters 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 cardiovascular catheters market report covers the following areas: This study identifies the integration of the robotic cardiac catheter system and hybrid operating room equipment as one of the prime reasons driving the cardiovascular catheters 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 Cardiovascular Catheters Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product 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. |
edtsum201 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LIGHTHOUSE POINT, Fla., Oct. 14, 2020 /PRNewswire/ --Family owned luxury jeweler, J.R. Dunn Jewelers, is going "pink" in support of Breast Cancer Awareness for the month of October. With their Shopping Gives program on jrdunn.com, 5% of your online order will go to support the Breast Cancer Charity of your choice including the Boca Raton Regional Hospital Lynn Cancer Institute, Susan G. Komen, and National Breast Cancer Foundation. J.R. Dunn's Breast Cancer Awareness Giveaway "We wanted to dedicate this month towards the fight for a cure and to promote Breast Cancer Awareness. It's something that hit very close to home this year, affecting so many of our friends and family. It doesn't get any closer than your mom and two sisters," said Ann Marie Dunn. J.R. Dunn is also giving away a Roberto Coin Diamond Ribbon Necklace in 18k gold worth $680 in an effort to raise as much awareness as possible. The ribbon stands as a symbol of hope for all those fighting against Breast Cancer, something near and dear to the Dunn's hearts. To enter for a chance to win, go to https://jrdunn.com/win and enter your information, follow us on Instagram @Jrdunnjewelers, and share with friends for a better chance of winning! Photos: Download here.About J.R. Dunn Jewelers J.R. Dunn Jewelers is a second-generation luxury jeweler that has been family owned and operated since 1969celebrating over 50 years of business. The flagship store is located in the heart of South Florida, well known for being an Official Rolex Jeweler as well as carrying the top designers in luxury jewelry and timepieces like Roberto Coin, John Hardy, Gucci, Breitling, Tag Heuer, and more. J.R. Dunn is one of the first successful omni-channel retailers in the industry, with a leading e-commerce website serving clients worldwide. J.R. Dunn Jewelers prides itself on providing a superior client experience for each and every person, celebrating life's most joyous occasions. To learn more, visit us in our showroom or visit: https://jrdunn.com/J.R. Dunn JewelersMedia Contact: Sean Dunn, Vice PresidentContact Phone: 954.782.5000Contact Email: [emailprotected]https://jrdunn.com/SOURCE J.R. Dunn Jewelers Related Links jrdunn.com
Answer: | J.R. Dunn Jewelers Goes Pink for Breast Cancer Awareness Month Jeweler donates a portion of your online purchase to the Breast Cancer Charity of your choice | LIGHTHOUSE POINT, Fla., Oct. 14, 2020 /PRNewswire/ --Family owned luxury jeweler, J.R. Dunn Jewelers, is going "pink" in support of Breast Cancer Awareness for the month of October. With their Shopping Gives program on jrdunn.com, 5% of your online order will go to support the Breast Cancer Charity of your choice including the Boca Raton Regional Hospital Lynn Cancer Institute, Susan G. Komen, and National Breast Cancer Foundation. J.R. Dunn's Breast Cancer Awareness Giveaway "We wanted to dedicate this month towards the fight for a cure and to promote Breast Cancer Awareness. It's something that hit very close to home this year, affecting so many of our friends and family. It doesn't get any closer than your mom and two sisters," said Ann Marie Dunn. J.R. Dunn is also giving away a Roberto Coin Diamond Ribbon Necklace in 18k gold worth $680 in an effort to raise as much awareness as possible. The ribbon stands as a symbol of hope for all those fighting against Breast Cancer, something near and dear to the Dunn's hearts. To enter for a chance to win, go to https://jrdunn.com/win and enter your information, follow us on Instagram @Jrdunnjewelers, and share with friends for a better chance of winning! Photos: Download here.About J.R. Dunn Jewelers J.R. Dunn Jewelers is a second-generation luxury jeweler that has been family owned and operated since 1969celebrating over 50 years of business. The flagship store is located in the heart of South Florida, well known for being an Official Rolex Jeweler as well as carrying the top designers in luxury jewelry and timepieces like Roberto Coin, John Hardy, Gucci, Breitling, Tag Heuer, and more. J.R. Dunn is one of the first successful omni-channel retailers in the industry, with a leading e-commerce website serving clients worldwide. J.R. Dunn Jewelers prides itself on providing a superior client experience for each and every person, celebrating life's most joyous occasions. To learn more, visit us in our showroom or visit: https://jrdunn.com/J.R. Dunn JewelersMedia Contact: Sean Dunn, Vice PresidentContact Phone: 954.782.5000Contact Email: [emailprotected]https://jrdunn.com/SOURCE J.R. Dunn Jewelers Related Links jrdunn.com |
edtsum202 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Maritime Real-Time Positioning System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component, Technology, Application, and Vessel Type" report has been added to ResearchAndMarkets.com's offering. The market was valued at US$ 158 million in 2019 and is projected to reach US$ 1,395. million by 2027; it is expected to grow at a CAGR of 31.8% from 2020 to 2027. In 2019, North America led the global maritime real time positioning system market with 36.81% revenue share, followed by Europe. The US, Canada, and Mexico are major economies contributing to the maritime real-time positioning system market in North America. Continuous technological advancements, led by notable investments by tech giants in R& D activities, have created a stir in the competitive market across the region. The constant technological developments in the last few years have notably enhanced tracking and monitoring of ships and other vessels. The developing satellite services have the task of tracking the ships worldwide and ensuring high-end safety of the ships from numerous threats. Using satellite-based monitoring systems, a large number of vessels are monitored efficiently by vessel owners and marine agencies for an extended period. Besides, an automatic identification system also assists in tracking giant vessels crossing waters globally by providing real-time information about vessels' movement. Marine-Traffic, VesselFinder, Vesseltracker, and FleetMon are some of the ship tracking applications developed to track and collect real-time information on maritime activities. In 2019, Europe stood second in the maritime real time positioning system market with a decent market share and it is anticipated to witness a steady CAGR from 2020 to 2027. Europe comprises developed economies, such as Germany, France, the UK, Italy, Norway, Finland, Sweden, the Netherlands, Denmark, and Switzerland. These economies have done a vital contribution to the region's tech strength. They are anticipated to nurture the growth of the maritime real-time positioning systems market. The use of maritime real-time positioning systems is gaining high momentum across Europe. To enhance Maritime Situational Awareness, the use of maritime data fusion and tracking, automatic anomaly detection, and situation prediction is observed in Europe to ensure high-end marine security and safety-including irregular migration, border surveillance, and countering illegal activities at sea, such as unregulated fishing and smuggling. In terms of value, Europe is among the leading traders of fisheries & aquaculture products worldwide. Impact of COVID-19 on Maritime Real Time Positioning System market The global electronics & semiconductor industry is one of the primary sectors suffering severe disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns. China is the global hub of manufacturing and the largest raw material supplier for various industries, and it is also one of the worst-affected countries. The lockdown of different plants and factories in China has affected the global supply chains and negatively impacted the manufacturing of various electronic goods. The international travel bans imposed by countries in Europe, Asia, and North America have affected business collaborations and partnerships opportunities. All these factors are anticipated to impact the electronic & semiconductor industry negatively, and thus, act as a restraining factor for the growth of various markets related to this industry in the coming months, such as the maritime real time positioning systems market. Adding to this, the prices of raw materials required for maritime real time positioning system have been fluctuating at a high pace due to lockdown and travel restrictions. This has also anticipated to negatively impact the growth of the maritime real time positioning systems market during the forecast period. COVID-19 has spread significantly across APAC and North America. Europe and SAM regions are also hit hard. These regions have significant number of market players. The ICT and transportation industries are adversely affected due to COVID-19, and since the start of 2020, these industries have been reflecting a declining trend. With the imposition of lockdown across countries in North America, Europe, and Asia, the industries have been witnessing declining trend. The fisheries industry requires a significant number of human labors, and since the COVID-19 virus is spreading through human involvement, the sector is unable to function properly. Compared to that of 2017, the vessel activities were reduced by over 69% during the lockdown, the fishing activities were reduced by 84%, and the passenger traffic by 78%. Key Topics Covered: 1. Introduction 2. Key Takeaways 3. Research Methodology 4. Maritime Real-Positioning System Market Landscape 4.1 Market Overview 4.2 PEST Analysis 4.3 Expert Opinion 4.4 Premium Insights 4.4.1 Porter's Five Forces Analysis 4.4.2 Detailed Value Chain Analysis 4.4.3 Pricing Analysis & Customer Preferences 5. Maritime Real-Positioning System Market - Key Market Dynamics 5.1 Market Drivers 5.1.1 Rising Use of RFID in Global Shipping Industry 5.1.2 Rise in the Number of Cargo Vessels 5.2 Market Restraint 5.2.1 Technical Complexities and Lack of Skilled Workforce 5.3 Market Opportunity 5.3.1 Rising Growth Potential in Asia-Pacific 5.4 Market Trend 5.4.1 Emergence of advanced technologies 5.5 Impact Analysis of Drivers and Restraints 6. Maritime Real-time Positioning System - Global Market Analysis 6.1 Maritime Real-Positioning System Market Global Overview 6.2 Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 6.3 Market Positioning - Global Market Players Ranking 7. Maritime Real-Positioning System Market Analysis - By Component 7.1 Overview 7.2 Maritime Real-Positioning System Market, By Component (2019 and 2027) 7.3 Hardware 7.3.1 Overview 7.3.2 Hardware: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 7.3.2.1 Readers and Trackers 7.3.2.2 Tags/Badges 7.3.2.3 Others 7.4 Software 7.5 Services 8. Maritime Real-Positioning System Market - By Application 8.1 Overview 8.2 Maritime Real-Positioning System Market, by Application (2019 and 2027) 8.3 Fleet Management 8.3.1 Overview 8.3.2 Fleet Management: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 8.4 Inventory and Asset Management 8.5 Crew Tracking 9. Maritime Real-Positioning System Market Analysis - By Technology 9.1 Overview 9.2 Maritime Real-Positioning System Market, By Technology (2019 and 2027) 9.3 RFID 9.3.1 Overview 9.3.2 RFID: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 9.4 GPS 9.5 Others 10. Maritime Real-Positioning System Market Analysis - By Vessel Type 10.1 Overview 10.2 Maritime Real-Positioning System Market, By Vessel Type (2019 and 2027) 10.3 Fishing Vessels 10.3.1 Overview 10.3.2 Fishing Vessels: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 10.4 Cargo Vessels 10.5 Service Vessels 10.6 Passenger Ships and Ferries 10.7 Others 11. Maritime Real-Time Positioning System Market - Geographic Analysis 12. Impact of COVID-19 Outbreak 12.1 Impact of COVID-19 Pandemic on Global Maritime Real-time Positioning System Market 13. Industry Landscape 13.1 Overview 13.2 Market Initiative 13.3 Merger and Acquisition 14. Company Profiles 14.1 Key Facts 14.2 Business Description 14.3 Products and Services 14.4 Financial Overview 14.5 SWOT Analysis 14.6 Key Developments For more information about this report visit https://www.researchandmarkets.com/r/jr7gbh
Answer: | $1.39 Bn Maritime Real-Time Positioning System Market Forecast to 2027 - Global Analysis by Component, Technology, Application, and Vessel Type - ResearchAndMarkets.com | DUBLIN--(BUSINESS WIRE)--The "Maritime Real-Time Positioning System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component, Technology, Application, and Vessel Type" report has been added to ResearchAndMarkets.com's offering. The market was valued at US$ 158 million in 2019 and is projected to reach US$ 1,395. million by 2027; it is expected to grow at a CAGR of 31.8% from 2020 to 2027. In 2019, North America led the global maritime real time positioning system market with 36.81% revenue share, followed by Europe. The US, Canada, and Mexico are major economies contributing to the maritime real-time positioning system market in North America. Continuous technological advancements, led by notable investments by tech giants in R& D activities, have created a stir in the competitive market across the region. The constant technological developments in the last few years have notably enhanced tracking and monitoring of ships and other vessels. The developing satellite services have the task of tracking the ships worldwide and ensuring high-end safety of the ships from numerous threats. Using satellite-based monitoring systems, a large number of vessels are monitored efficiently by vessel owners and marine agencies for an extended period. Besides, an automatic identification system also assists in tracking giant vessels crossing waters globally by providing real-time information about vessels' movement. Marine-Traffic, VesselFinder, Vesseltracker, and FleetMon are some of the ship tracking applications developed to track and collect real-time information on maritime activities. In 2019, Europe stood second in the maritime real time positioning system market with a decent market share and it is anticipated to witness a steady CAGR from 2020 to 2027. Europe comprises developed economies, such as Germany, France, the UK, Italy, Norway, Finland, Sweden, the Netherlands, Denmark, and Switzerland. These economies have done a vital contribution to the region's tech strength. They are anticipated to nurture the growth of the maritime real-time positioning systems market. The use of maritime real-time positioning systems is gaining high momentum across Europe. To enhance Maritime Situational Awareness, the use of maritime data fusion and tracking, automatic anomaly detection, and situation prediction is observed in Europe to ensure high-end marine security and safety-including irregular migration, border surveillance, and countering illegal activities at sea, such as unregulated fishing and smuggling. In terms of value, Europe is among the leading traders of fisheries & aquaculture products worldwide. Impact of COVID-19 on Maritime Real Time Positioning System market The global electronics & semiconductor industry is one of the primary sectors suffering severe disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns. China is the global hub of manufacturing and the largest raw material supplier for various industries, and it is also one of the worst-affected countries. The lockdown of different plants and factories in China has affected the global supply chains and negatively impacted the manufacturing of various electronic goods. The international travel bans imposed by countries in Europe, Asia, and North America have affected business collaborations and partnerships opportunities. All these factors are anticipated to impact the electronic & semiconductor industry negatively, and thus, act as a restraining factor for the growth of various markets related to this industry in the coming months, such as the maritime real time positioning systems market. Adding to this, the prices of raw materials required for maritime real time positioning system have been fluctuating at a high pace due to lockdown and travel restrictions. This has also anticipated to negatively impact the growth of the maritime real time positioning systems market during the forecast period. COVID-19 has spread significantly across APAC and North America. Europe and SAM regions are also hit hard. These regions have significant number of market players. The ICT and transportation industries are adversely affected due to COVID-19, and since the start of 2020, these industries have been reflecting a declining trend. With the imposition of lockdown across countries in North America, Europe, and Asia, the industries have been witnessing declining trend. The fisheries industry requires a significant number of human labors, and since the COVID-19 virus is spreading through human involvement, the sector is unable to function properly. Compared to that of 2017, the vessel activities were reduced by over 69% during the lockdown, the fishing activities were reduced by 84%, and the passenger traffic by 78%. Key Topics Covered: 1. Introduction 2. Key Takeaways 3. Research Methodology 4. Maritime Real-Positioning System Market Landscape 4.1 Market Overview 4.2 PEST Analysis 4.3 Expert Opinion 4.4 Premium Insights 4.4.1 Porter's Five Forces Analysis 4.4.2 Detailed Value Chain Analysis 4.4.3 Pricing Analysis & Customer Preferences 5. Maritime Real-Positioning System Market - Key Market Dynamics 5.1 Market Drivers 5.1.1 Rising Use of RFID in Global Shipping Industry 5.1.2 Rise in the Number of Cargo Vessels 5.2 Market Restraint 5.2.1 Technical Complexities and Lack of Skilled Workforce 5.3 Market Opportunity 5.3.1 Rising Growth Potential in Asia-Pacific 5.4 Market Trend 5.4.1 Emergence of advanced technologies 5.5 Impact Analysis of Drivers and Restraints 6. Maritime Real-time Positioning System - Global Market Analysis 6.1 Maritime Real-Positioning System Market Global Overview 6.2 Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 6.3 Market Positioning - Global Market Players Ranking 7. Maritime Real-Positioning System Market Analysis - By Component 7.1 Overview 7.2 Maritime Real-Positioning System Market, By Component (2019 and 2027) 7.3 Hardware 7.3.1 Overview 7.3.2 Hardware: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 7.3.2.1 Readers and Trackers 7.3.2.2 Tags/Badges 7.3.2.3 Others 7.4 Software 7.5 Services 8. Maritime Real-Positioning System Market - By Application 8.1 Overview 8.2 Maritime Real-Positioning System Market, by Application (2019 and 2027) 8.3 Fleet Management 8.3.1 Overview 8.3.2 Fleet Management: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 8.4 Inventory and Asset Management 8.5 Crew Tracking 9. Maritime Real-Positioning System Market Analysis - By Technology 9.1 Overview 9.2 Maritime Real-Positioning System Market, By Technology (2019 and 2027) 9.3 RFID 9.3.1 Overview 9.3.2 RFID: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 9.4 GPS 9.5 Others 10. Maritime Real-Positioning System Market Analysis - By Vessel Type 10.1 Overview 10.2 Maritime Real-Positioning System Market, By Vessel Type (2019 and 2027) 10.3 Fishing Vessels 10.3.1 Overview 10.3.2 Fishing Vessels: Maritime Real-Positioning System Market - Revenue and Forecast to 2027 (US$ Million) 10.4 Cargo Vessels 10.5 Service Vessels 10.6 Passenger Ships and Ferries 10.7 Others 11. Maritime Real-Time Positioning System Market - Geographic Analysis 12. Impact of COVID-19 Outbreak 12.1 Impact of COVID-19 Pandemic on Global Maritime Real-time Positioning System Market 13. Industry Landscape 13.1 Overview 13.2 Market Initiative 13.3 Merger and Acquisition 14. Company Profiles 14.1 Key Facts 14.2 Business Description 14.3 Products and Services 14.4 Financial Overview 14.5 SWOT Analysis 14.6 Key Developments For more information about this report visit https://www.researchandmarkets.com/r/jr7gbh |
edtsum203 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ELIZABETHTON, Tenn.--(BUSINESS WIRE)--I-O Urology Corp., the leading provider of digital diagnostic technologies for remote urologic care, today announced the availability of its CarePath platform for active clinical use. Under development since 2015, the unique CarePath system is the first and only portable product to provide real-time, quantitative measurement of uroflow and urine output. The platform, which qualifies for remote patient monitoring reimbursement, offers a unique patient experience that increases engagement, improves compliance, and standardizes treatment pathways for lower urinary tract symptoms (LUTS). Today, more than 58 million Americans suffer from LUTS, such as overactive bladder and benign prostatic hypertrophy.1,2 Impractical, imprecise, and ineffective urine monitoring methods leave many patients dissatisfied with their current treatment and non-compliant with treatment protocols. The cost-effective and easy-to-use CarePath platform monitors, measures, and records serial voids in real time. Healthcare providers now have access to a standardized tool for navigating care pathways and reducing attrition for LUTS therapies. The CarePath platform was invented by two physicians looking to transform the standard of care for managing LUTS by improving the quality of objective symptom reporting data and significantly reducing the patient burden inherent in traditional handwritten voiding diaries and bulky commode hats. The compact CarePath system features capacitive sensors and accelerometers to ensure proper orientation, as well as the latest advances in IoMT (Internet of Medical Things), radio-frequency identification, and cellular CAT M1 technology to capture, encrypt, and store objective data in the cloud. The system syncs with a mobile application that enables healthcare providers to engage with patients directly and access real-time voiding data to detect and track urologic disorders accurately. Over the past year, the technology has been available through a growing list of early access collaborations with leading healthcare providers. Medical therapy usually provides a small amount of symptom relief but cycling through multiple medications only potentiates the problem, said Melissa Kaufman, MD, Professor of Urology, Vanderbilt Department of Urology. With a tool like CarePath, I am able to evaluate the effectiveness of therapies much faster to determine the optimal treatment plan for each patient. The I-O Urology leadership team combines an established track record of medical and commercial success. The companys two co-founders, Brent Laing, MD, and John Green, MD, sold a previous company called Advanced Uro-Solutions to Medtronic in 2014. The acquisition of the companys neurostimulation device expanded Medtronic's portfolio of treatment options for those suffering from chronic overactive bladder symptoms. After spending more than 35 years as a board certified urogynecologist, I understand all of the frustrations involved with capturing an accurate and objective understanding of a patients symptomology, said Dr. Laing. The CarePath platform was developed to overcome these challenges with an easy-to-use product that collects and stores flow rate, duration, and volumetric data in the cloud. Healthcare providers, urologists, and urogynecologists can now analyze the data in real time to detect, track, and treat common lower urinary tract symptoms before issues escalate. For more information on the CarePath platform and its innovative technology, please visit I-Ourology.com/contact-us/. About I-O Urology Corp. I-O Urology is transforming the standard of care for managing lower urinary tract symptoms. The innovative CarePath platform is the first and only complete digital diagnostic platform for remote, real-time measurement of urine output. Featuring the latest RFID chip and cellular CAT M1 IoMT technology advances, the compact and portable system captures, encrypts, and stores objective voiding data in the cloud. Healthcare providers can then access the data via the secure mobile app to accurately diagnose, monitor, and treat urologic disorders. Invented by board-certified physicians, the technology has been under development since 2015 and is currently available with established reimbursement through a growing list of early access collaborations with healthcare providers. I-O Urology is a privately held company based in Elizabethton, Tenn. For more information, please visit I-Ourology.com. I-O Urology, the I-O Urology logo, and CarePath are trademarks of I-O Urology Corp. 1 Harlow, B. L., Bavendam, T. G., Palmer, M. H., Brubaker, L., Burgio, K. L., Lukacz, E. S., Miller, J. M., Mueller, E. R., Newman, D. K., Rickey, L. M., Sutcliffe, S., & Simons-Morton, D. (2018). The Prevention of Lower Urinary Tract Symptoms (PLUS) Research Consortium: A Transdisciplinary Approach Toward Promoting Bladder Health and Preventing Lower Urinary Tract Symptoms in Women Across the Life Course. Journal of Womens Health, 27(3), 283289. https://doi.org/10.1089/jwh.2017.6566 2 Zhang, W., Zhang, X., Li, H., Wu, F., Wang, H., Zhao, M., Hu, H., & Xu, K. (2019). Prevalence of lower urinary tract symptoms suggestive of benign prostatic hyperplasia (LUTS/BPH) in China: results from the China Health and Retirement Longitudinal Study. BMJ Open, 9(6), e022792. https://doi.org/10.1136/bmjopen-2018-022792
Answer: | I-O Urology Launches First Complete Digital Diagnostic Platform for Remote Urologic Care Easy-to-use CarePath technology increases engagement, improves compliance, and standardizes treatment pathways for patients with lower urinary tract symptoms | ELIZABETHTON, Tenn.--(BUSINESS WIRE)--I-O Urology Corp., the leading provider of digital diagnostic technologies for remote urologic care, today announced the availability of its CarePath platform for active clinical use. Under development since 2015, the unique CarePath system is the first and only portable product to provide real-time, quantitative measurement of uroflow and urine output. The platform, which qualifies for remote patient monitoring reimbursement, offers a unique patient experience that increases engagement, improves compliance, and standardizes treatment pathways for lower urinary tract symptoms (LUTS). Today, more than 58 million Americans suffer from LUTS, such as overactive bladder and benign prostatic hypertrophy.1,2 Impractical, imprecise, and ineffective urine monitoring methods leave many patients dissatisfied with their current treatment and non-compliant with treatment protocols. The cost-effective and easy-to-use CarePath platform monitors, measures, and records serial voids in real time. Healthcare providers now have access to a standardized tool for navigating care pathways and reducing attrition for LUTS therapies. The CarePath platform was invented by two physicians looking to transform the standard of care for managing LUTS by improving the quality of objective symptom reporting data and significantly reducing the patient burden inherent in traditional handwritten voiding diaries and bulky commode hats. The compact CarePath system features capacitive sensors and accelerometers to ensure proper orientation, as well as the latest advances in IoMT (Internet of Medical Things), radio-frequency identification, and cellular CAT M1 technology to capture, encrypt, and store objective data in the cloud. The system syncs with a mobile application that enables healthcare providers to engage with patients directly and access real-time voiding data to detect and track urologic disorders accurately. Over the past year, the technology has been available through a growing list of early access collaborations with leading healthcare providers. Medical therapy usually provides a small amount of symptom relief but cycling through multiple medications only potentiates the problem, said Melissa Kaufman, MD, Professor of Urology, Vanderbilt Department of Urology. With a tool like CarePath, I am able to evaluate the effectiveness of therapies much faster to determine the optimal treatment plan for each patient. The I-O Urology leadership team combines an established track record of medical and commercial success. The companys two co-founders, Brent Laing, MD, and John Green, MD, sold a previous company called Advanced Uro-Solutions to Medtronic in 2014. The acquisition of the companys neurostimulation device expanded Medtronic's portfolio of treatment options for those suffering from chronic overactive bladder symptoms. After spending more than 35 years as a board certified urogynecologist, I understand all of the frustrations involved with capturing an accurate and objective understanding of a patients symptomology, said Dr. Laing. The CarePath platform was developed to overcome these challenges with an easy-to-use product that collects and stores flow rate, duration, and volumetric data in the cloud. Healthcare providers, urologists, and urogynecologists can now analyze the data in real time to detect, track, and treat common lower urinary tract symptoms before issues escalate. For more information on the CarePath platform and its innovative technology, please visit I-Ourology.com/contact-us/. About I-O Urology Corp. I-O Urology is transforming the standard of care for managing lower urinary tract symptoms. The innovative CarePath platform is the first and only complete digital diagnostic platform for remote, real-time measurement of urine output. Featuring the latest RFID chip and cellular CAT M1 IoMT technology advances, the compact and portable system captures, encrypts, and stores objective voiding data in the cloud. Healthcare providers can then access the data via the secure mobile app to accurately diagnose, monitor, and treat urologic disorders. Invented by board-certified physicians, the technology has been under development since 2015 and is currently available with established reimbursement through a growing list of early access collaborations with healthcare providers. I-O Urology is a privately held company based in Elizabethton, Tenn. For more information, please visit I-Ourology.com. I-O Urology, the I-O Urology logo, and CarePath are trademarks of I-O Urology Corp. 1 Harlow, B. L., Bavendam, T. G., Palmer, M. H., Brubaker, L., Burgio, K. L., Lukacz, E. S., Miller, J. M., Mueller, E. R., Newman, D. K., Rickey, L. M., Sutcliffe, S., & Simons-Morton, D. (2018). The Prevention of Lower Urinary Tract Symptoms (PLUS) Research Consortium: A Transdisciplinary Approach Toward Promoting Bladder Health and Preventing Lower Urinary Tract Symptoms in Women Across the Life Course. Journal of Womens Health, 27(3), 283289. https://doi.org/10.1089/jwh.2017.6566 2 Zhang, W., Zhang, X., Li, H., Wu, F., Wang, H., Zhao, M., Hu, H., & Xu, K. (2019). Prevalence of lower urinary tract symptoms suggestive of benign prostatic hyperplasia (LUTS/BPH) in China: results from the China Health and Retirement Longitudinal Study. BMJ Open, 9(6), e022792. https://doi.org/10.1136/bmjopen-2018-022792 |
edtsum204 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Quantified Self in Healthcare Market by Technology, Devices and Applications 2021 - 2026" report has been added to ResearchAndMarkets.com's offering. This research provides an in-depth assessment of the Connected Healthcare market including growth drivers, value chain, vendor analysis, and quantitative assessment of the industry from 2021 to 2026. The report also evaluates the quantified-self market including wearable technology, analytics, and many other areas. The report also assesses the market outlook for all key IoT-enabled Connected Health apps and services. Companies Mentioned Select Report Findings: Key Topics Covered: 1.0 Executive Summary 2.0 Introduction 2.1 Internet of Healthcare Things 2.2 Contract Research Organizations 2.3 Contact Commercial Organization 2.4 Pre-Clinic and Clinical Trials 2.5 Adoption of Healthcare IoT 2.6 SWOT Analysis 2.6.1 Strengths 2.6.1.1 High-Speed Connectivity Technologies 2.6.1.2 Proliferation of Smart Connected Devices 2.6.1.3 Remote Patient Monitoring 2.6.1.4 Improved Healthcare IT Infrastructure 2.6.1.5 Government Initiatives 2.6.1.6 Improved Healthcare Service Outcome 2.6.1.7 Cost Reduction of Healthcare Services 2.6.1.8 Home Health Technologies 2.6.1.9 Use of Smart Sensors 2.6.1.10 Broadband Wireless and Enabling Technology 2.6.1.11 Smart City, Big Data, and Connected Software 2.6.2 Opportunities 2.6.2.1 Connected Devices in Healthcare Sector 2.6.2.2 Adoption of Remote Patient Monitoring 2.6.2.3 Software and Component Solution 2.6.2.4 Consumer Driven Healthcare Solution 2.6.3 Weaknesses and Threats 2.6.3.1 Lack of Government Regulations and Standards 2.6.3.2 Data Privacy and Security 2.6.3.3 Lack of Medical Data and Analytics Skills 2.6.3.4 Lack of Data-Driven Healthcare Leadership 2.6.3.5 Lack of Interoperability and Integration 2.7 Value Chain Analysis 2.8 Regulatory Scenario 3.0 Technology and Application Analysis 3.1 Internet of Healthcare Things Technologies 3.2 Wearable Mobile Health Device 3.3 Implantable Medical Technologies 3.4 Connected Health Market Segment 3.5 IoHT Application Scenarios 3.6 IoHT End User Groups 3.7 IoHT Competitive Landscape 3.8 Regional Market Analysis and Adoption Trends 3.9 Role of AI Technology 3.10 Microchip Technology 3.11 Patient Monitoring Systems 3.12 Medical Diagnostic Imaging and Radiology 3.13 3D Printing 4.0 Quantified Self in Healthcare Company Analysis 5.0 Quantified Self in Healthcare Market Analysis and Forecasts 2021 - 2026 5.1 Global IoT Quantified Self Market 2021 - 2026 5.2 Regional IoT Quantified Self Market 2021 - 2026 5.2.1 North America IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.2 APAC IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.3 Europe IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.4 Latin America IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.5 MEA IoT Quantified Self Market: Device and Application, Technology, and Country 5.3 Global IoT Quantified Self Device Deployment 2021 - 2026 5.3.1 Global IoT Quantified Self Device Deployment by Type 5.3.2 Global IoT Quantified Self Device Deployment by Region 5.3.2.1 North America IoT Quantified Self Device Deployment by Country 5.3.2.2 APAC IoT Quantified Self Device Deployment by Country 5.3.2.3 Europe IoT Quantified Self Device Deployment by Country 5.3.2.4 Latin America IoT Quantified Self Device Deployment by Country 5.3.2.5 MEA IoT Quantified Self Device Deployment by Country 6.0 Conclusions and Recommendations 7.0 Appendix For more information about this report visit https://www.researchandmarkets.com/r/vgaz8u
Answer: | Global Quantified Self in Healthcare Market (2021 to 2026) - by Technology, Devices and Applications - ResearchAndMarkets.com | DUBLIN--(BUSINESS WIRE)--The "Quantified Self in Healthcare Market by Technology, Devices and Applications 2021 - 2026" report has been added to ResearchAndMarkets.com's offering. This research provides an in-depth assessment of the Connected Healthcare market including growth drivers, value chain, vendor analysis, and quantitative assessment of the industry from 2021 to 2026. The report also evaluates the quantified-self market including wearable technology, analytics, and many other areas. The report also assesses the market outlook for all key IoT-enabled Connected Health apps and services. Companies Mentioned Select Report Findings: Key Topics Covered: 1.0 Executive Summary 2.0 Introduction 2.1 Internet of Healthcare Things 2.2 Contract Research Organizations 2.3 Contact Commercial Organization 2.4 Pre-Clinic and Clinical Trials 2.5 Adoption of Healthcare IoT 2.6 SWOT Analysis 2.6.1 Strengths 2.6.1.1 High-Speed Connectivity Technologies 2.6.1.2 Proliferation of Smart Connected Devices 2.6.1.3 Remote Patient Monitoring 2.6.1.4 Improved Healthcare IT Infrastructure 2.6.1.5 Government Initiatives 2.6.1.6 Improved Healthcare Service Outcome 2.6.1.7 Cost Reduction of Healthcare Services 2.6.1.8 Home Health Technologies 2.6.1.9 Use of Smart Sensors 2.6.1.10 Broadband Wireless and Enabling Technology 2.6.1.11 Smart City, Big Data, and Connected Software 2.6.2 Opportunities 2.6.2.1 Connected Devices in Healthcare Sector 2.6.2.2 Adoption of Remote Patient Monitoring 2.6.2.3 Software and Component Solution 2.6.2.4 Consumer Driven Healthcare Solution 2.6.3 Weaknesses and Threats 2.6.3.1 Lack of Government Regulations and Standards 2.6.3.2 Data Privacy and Security 2.6.3.3 Lack of Medical Data and Analytics Skills 2.6.3.4 Lack of Data-Driven Healthcare Leadership 2.6.3.5 Lack of Interoperability and Integration 2.7 Value Chain Analysis 2.8 Regulatory Scenario 3.0 Technology and Application Analysis 3.1 Internet of Healthcare Things Technologies 3.2 Wearable Mobile Health Device 3.3 Implantable Medical Technologies 3.4 Connected Health Market Segment 3.5 IoHT Application Scenarios 3.6 IoHT End User Groups 3.7 IoHT Competitive Landscape 3.8 Regional Market Analysis and Adoption Trends 3.9 Role of AI Technology 3.10 Microchip Technology 3.11 Patient Monitoring Systems 3.12 Medical Diagnostic Imaging and Radiology 3.13 3D Printing 4.0 Quantified Self in Healthcare Company Analysis 5.0 Quantified Self in Healthcare Market Analysis and Forecasts 2021 - 2026 5.1 Global IoT Quantified Self Market 2021 - 2026 5.2 Regional IoT Quantified Self Market 2021 - 2026 5.2.1 North America IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.2 APAC IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.3 Europe IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.4 Latin America IoT Quantified Self Market: Device and Application, Technology, and Country 5.2.5 MEA IoT Quantified Self Market: Device and Application, Technology, and Country 5.3 Global IoT Quantified Self Device Deployment 2021 - 2026 5.3.1 Global IoT Quantified Self Device Deployment by Type 5.3.2 Global IoT Quantified Self Device Deployment by Region 5.3.2.1 North America IoT Quantified Self Device Deployment by Country 5.3.2.2 APAC IoT Quantified Self Device Deployment by Country 5.3.2.3 Europe IoT Quantified Self Device Deployment by Country 5.3.2.4 Latin America IoT Quantified Self Device Deployment by Country 5.3.2.5 MEA IoT Quantified Self Device Deployment by Country 6.0 Conclusions and Recommendations 7.0 Appendix For more information about this report visit https://www.researchandmarkets.com/r/vgaz8u |
edtsum205 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BOCA RATON, Fla., Aug. 17, 2020 /PRNewswire/ --MediaOps, the place to tell your story in the most powerful way, today announced the launch of RecruitOps. Leveraging brands such as DevOps.com, Security Boulevard, Container Journal and the DevOps Institute, RecruitOps is ideally positioned to match top, technically skilled professionals with the many hard-to-fill positions in organizations of all sizes. RecruitOps specializes in matching highly skilled professionals in DevOps, Cloud Native and Cybersecurity with large enterprises and venture backed startups. Utilizing MediaOps' unique market position, RecruitOps' experienced recruiters are subject matter experts in these fields and understand the culture of the working environment, delivering better results faster. "Helping companies find skilled applicants and helping IT pros find their next career stop are two of the most frequent requests we receive across all of our brands," said Alan Shimel, CEO at MediaOps. "Most companies have tried the job boards, internal recruiting and LinkedIn type of solutions and found them sadly lacking. Outside recruiters throw rsums at the wall to see what sticks. RecruitOps represents a better approach." Taking a page from DevOps best practices, RecruitOps relies on making sure candidates are not only a fit in terms of skills but culturally as well. Highly skilled technical candidates today are in high demand. The key to finding a long-term fit is to make sure they are a fit culturally in the team they are part of and the larger organization they work in. Working with hiring and team managers, RecruitOps' trained professional recruiters learn what the culture and environment of the workplace require for a candidate to be successful long-term. Carefully screening candidates saves hiring managers time filtering obvious mismatches. All of this results in better hiring, faster. The RecruitOps service doesn't stop at the moment of hiring. RecuritOps strives to maintain a constant and direct line of communication by working closely with candidates, HR departments and hiring managers before, during and after placement to ensure continued success. RecruitOps offers a no-risk, no-upfront-fees model. Recruiting fees apply only after you are satisfied with the professionals we provide to fill your open positions. Visit the RecruitOps website at https://recruitops.com/and schedule a free recruiting consultation today. About MediaOpsMediaOps, the place to tell your story in the most powerful way, is an omniversal media company covering IT industries and practices that are re-shaping the world of technology, including DevOps, Cloud-Native, Cybersecurity and Digital Transformation. Through a convergence of new media distribution platforms, we deliver the experiential stories IT professionals need to gain fresh insights and learn new skills. For marketing partners, MediaOps delivers unparalleled access to inform and engage with a highly involved IT community, for thought leadership, demand generation and specialized campaigns. MediaOps is not only the most trusted name in technology media, but the most loved as well. Rebecca Auguste[emailprotected](561) 430-3347 SOURCE MediaOps
Answer: | MediaOps Launches RecruitOps A New, Easy Way To Solve Hiring For Hard-To-Fill Technical Positions Sitting at the nexus of millions of DevOps, Cyber and Cloud Native professionals and thousands of companies large and small, MediaOps has the respected position and winning model to bring together skilled technical talent and companies looking to hire | BOCA RATON, Fla., Aug. 17, 2020 /PRNewswire/ --MediaOps, the place to tell your story in the most powerful way, today announced the launch of RecruitOps. Leveraging brands such as DevOps.com, Security Boulevard, Container Journal and the DevOps Institute, RecruitOps is ideally positioned to match top, technically skilled professionals with the many hard-to-fill positions in organizations of all sizes. RecruitOps specializes in matching highly skilled professionals in DevOps, Cloud Native and Cybersecurity with large enterprises and venture backed startups. Utilizing MediaOps' unique market position, RecruitOps' experienced recruiters are subject matter experts in these fields and understand the culture of the working environment, delivering better results faster. "Helping companies find skilled applicants and helping IT pros find their next career stop are two of the most frequent requests we receive across all of our brands," said Alan Shimel, CEO at MediaOps. "Most companies have tried the job boards, internal recruiting and LinkedIn type of solutions and found them sadly lacking. Outside recruiters throw rsums at the wall to see what sticks. RecruitOps represents a better approach." Taking a page from DevOps best practices, RecruitOps relies on making sure candidates are not only a fit in terms of skills but culturally as well. Highly skilled technical candidates today are in high demand. The key to finding a long-term fit is to make sure they are a fit culturally in the team they are part of and the larger organization they work in. Working with hiring and team managers, RecruitOps' trained professional recruiters learn what the culture and environment of the workplace require for a candidate to be successful long-term. Carefully screening candidates saves hiring managers time filtering obvious mismatches. All of this results in better hiring, faster. The RecruitOps service doesn't stop at the moment of hiring. RecuritOps strives to maintain a constant and direct line of communication by working closely with candidates, HR departments and hiring managers before, during and after placement to ensure continued success. RecruitOps offers a no-risk, no-upfront-fees model. Recruiting fees apply only after you are satisfied with the professionals we provide to fill your open positions. Visit the RecruitOps website at https://recruitops.com/and schedule a free recruiting consultation today. About MediaOpsMediaOps, the place to tell your story in the most powerful way, is an omniversal media company covering IT industries and practices that are re-shaping the world of technology, including DevOps, Cloud-Native, Cybersecurity and Digital Transformation. Through a convergence of new media distribution platforms, we deliver the experiential stories IT professionals need to gain fresh insights and learn new skills. For marketing partners, MediaOps delivers unparalleled access to inform and engage with a highly involved IT community, for thought leadership, demand generation and specialized campaigns. MediaOps is not only the most trusted name in technology media, but the most loved as well. Rebecca Auguste[emailprotected](561) 430-3347 SOURCE MediaOps |
edtsum206 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)--The commercial aircraft gas turbine engine market is expected to grow by USD 15.84 billion, progressing at a CAGR of almost 6% during the forecast period. Click & Get Free Sample Report in Minutes The advancements in engine technologies is one of the major factors propelling market growth. However, factors such as the grounding of fleet due to technical issues will hamper growth. More details: https://www.technavio.com/report/commercial-aircraft-gas-turbine-engine-market-industry-analysis Commercial Aircraft Gas Turbine Engine Market: Technology Landscape Based on technology, the turbofan segment led the market in 2019. This is due to the wide adoption of turbofan technology by commercial airliners. The market growth in the segment will be significant over the forecast period. Commercial Aircraft Gas Turbine Engine Market: Geographic Landscape By geography, APAC is expected to witness lucrative growth during the forecast period. About 53% of the markets overall growth is expected to originate from APAC. The growth of the market in APAC is driven by increased demand for narrow-body aircraft and newer and improved versions of aircraft. China and India are the key markets for commercial aircraft gas turbine engine in APAC. Market growth in this region will be faster than the growth of the market in other regions. 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 Utilities Include: Global Wind Turbine Monitoring Systems Market - Global wind turbine monitoring systems market is segmented by application (onshore and offshore) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global Wind Turbine Gearbox Market - Global wind turbine gearbox market is segmented by type (new and replacement) and region (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report 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 Technology Market Segmentation by Type Customer landscape Geographic Landscape 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.
Answer: | Global Commercial Aircraft Gas Turbine Engine Market Will Grow by Almost $ 16 Billion During 2020-2024 | Advancements in Engine Technologies to Drive Growth | Technavio | LONDON--(BUSINESS WIRE)--The commercial aircraft gas turbine engine market is expected to grow by USD 15.84 billion, progressing at a CAGR of almost 6% during the forecast period. Click & Get Free Sample Report in Minutes The advancements in engine technologies is one of the major factors propelling market growth. However, factors such as the grounding of fleet due to technical issues will hamper growth. More details: https://www.technavio.com/report/commercial-aircraft-gas-turbine-engine-market-industry-analysis Commercial Aircraft Gas Turbine Engine Market: Technology Landscape Based on technology, the turbofan segment led the market in 2019. This is due to the wide adoption of turbofan technology by commercial airliners. The market growth in the segment will be significant over the forecast period. Commercial Aircraft Gas Turbine Engine Market: Geographic Landscape By geography, APAC is expected to witness lucrative growth during the forecast period. About 53% of the markets overall growth is expected to originate from APAC. The growth of the market in APAC is driven by increased demand for narrow-body aircraft and newer and improved versions of aircraft. China and India are the key markets for commercial aircraft gas turbine engine in APAC. Market growth in this region will be faster than the growth of the market in other regions. 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 Utilities Include: Global Wind Turbine Monitoring Systems Market - Global wind turbine monitoring systems market is segmented by application (onshore and offshore) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global Wind Turbine Gearbox Market - Global wind turbine gearbox market is segmented by type (new and replacement) and region (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report 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 Technology Market Segmentation by Type Customer landscape Geographic Landscape 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. |
edtsum207 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BOSTON--(BUSINESS WIRE)--Black Friday car seat deals are underway. Review the top discounts on combination, booster & convertible infant car seats. Access the full range of deals by clicking the links below. Best Car Seat Deals: Best Baby Deals: Looking for more deals? Check out Walmarts Black Friday sale and Amazons Black Friday sale to enjoy thousands more active offers. Retail Fuse earns commissions from purchases made using the links provided. Baby car seats are a must for families with children four years old and below, as this safety equipment for vehicles can truly make a difference. Top brands such as Britax, Graco, Chicco, and more offer high-quality car seats that are easy to set up and comfortable for the child. Convertible car seats are also available for those who wish to be able to position their babies and toddlers facing forward or towards the back. There are also infant car seat models for very young babies. About Retail Fuse: Retail Fuse reports the latest retail news. As an Amazon Associate and affiliate Retail Fuse earns from qualifying purchases.
Answer: | Car Seat Black Friday Deals (2020): Best Combination, Booster & Convertible Infant Car Seat Deals Compared by Retail Fuse The best Black Friday car seat deals for 2020, featuring rear-facing, booster, convertible car seats & more discounts | BOSTON--(BUSINESS WIRE)--Black Friday car seat deals are underway. Review the top discounts on combination, booster & convertible infant car seats. Access the full range of deals by clicking the links below. Best Car Seat Deals: Best Baby Deals: Looking for more deals? Check out Walmarts Black Friday sale and Amazons Black Friday sale to enjoy thousands more active offers. Retail Fuse earns commissions from purchases made using the links provided. Baby car seats are a must for families with children four years old and below, as this safety equipment for vehicles can truly make a difference. Top brands such as Britax, Graco, Chicco, and more offer high-quality car seats that are easy to set up and comfortable for the child. Convertible car seats are also available for those who wish to be able to position their babies and toddlers facing forward or towards the back. There are also infant car seat models for very young babies. About Retail Fuse: Retail Fuse reports the latest retail news. As an Amazon Associate and affiliate Retail Fuse earns from qualifying purchases. |
edtsum208 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, April 15, 2021 /PRNewswire/ --As consumers continue to migrate online for a greater share of their overall shopping, returns have become a critical and growing issue for retailers and brands. Coresight Research's Sustainability Insight Report, The Hidden Costs of Retail Returns, commissioned by Newmine, details the variety of ways in which product returns have exacerbated the challenge of creating a sustainable retail business. Reducing product returns positively impacts sustainability in three key areas: waste from returned goods, carbon emissions, and packaging and plastic waste. "Supply chains have become so complex and, in many cases, inefficientresulting in markdowns and returned product ending up in landfill," says Marie Driscoll, Managing Director, Luxury & Retail. "Retailers must address this costly and environmentally unsustainable challenge, or they jeopardize their ability to meet consumer demand and their financial health." The report outlines how returns reduction aligns to Coresight's EnCORE Framework, a model through which retailers can begin to internalize a sustainability strategy, while boosting profits and driving growth. Customer Education Can Provide Opportunities to Mitigate the Impact of High Returns The press conference to launch this report featured a discussion moderated by Deborah Weinswig, Founder & CEO of Coresight Research. The panelists explored the various ways in which retailers can mitigate the impact of the ever-increasing volumes of product returns. The panel comprised: Navjit Bhasin, Founder & CEO of Newmine, a retail technology company focused on delivering applied-AI solutions to retailers seeking to reduce their product returns. Michael Relich, Interim CEO of PSEB (PacSun Eddie Bauer) Marie Driscoll Customers have embraced fast, free, and frictionless returns, accounting for the growth in returns volume over the last decade, yet research revealed that customers are open to adjusting their behavior when made aware of how returns impact the environment: 71% of US shoppers over the age of 18 would return an online purchase to a store rather than through the mail if it were shown to reduce carbon footprint. 23% would consider paying a retailer to offset the carbon footprint associated with returning unwanted online purchases. 64% would be interested in returning items to a central depot in a mall/shopping center. "Ultimately, a return is a failed sale that leaves the consumer disappointed and inconvenienced," says Navjit Bhasin. "AI technology has made tackling this age-old issue problem possibleSo when you reduce returns, you delight your customers and minimize your environmental impact. All while reducing a significant cost to the business. Everybody wins." Coresight will be hosting a live webinar on Reducing Your Environmental Impact Through Returns Technology on Tuesday, April 20, at 11:00 AM EST. Receive up-to-date product, customer, and partner news directly from Newmine on LinkedIn. AboutNewmineComprised of former retail and supply chain executives with deep experience in retail strategy, operations, and technology, Newmine's vision is toensure retailers thrive in a transforming world. In addition to their operations and technology consulting practice, Newmine seeks to disrupt the returns management market with AI-driven returns reduction solutions. Newmine's Chief Returns Officer is an AI-powered platform that gives retailers a holistic view of integrated returns-related data from across the enterprise, prescribes corrective actions, and enables collaboration. Companies using Chief Returns Officer reduce return rates and improve their EBITDA. For more information, visit www.newmine.com. AboutCoresight ResearchCoresight Research is a research and advisory firm specializing in retail and technology. Established in 2018 by leading global retail analyst Deborah Weinswig, the firm is headquartered in New York, with offices in London, Hong Kong, Shanghai, and Mangalore (India). The firm provides data-driven analysis and strategic advisory to clients including retailers, brands, enterprise technology companies, accelerators and more. In addition to being renowned for its breadth and depth of research, Coresight Research is known for its expertise in the China market, helping clients with market entry and cross-border e-commerce strategies. Coresight Research is also known for its Innovator Intelligence platform, consisting of a vast network of technology entrepreneurs that it actively cultivates through events, mentorship, and regularly updated report coverage. For more information, visitwww.coresight.com. Newmine Contact: Jenny Gorlin Phone: 508-271-7694 Email: [emailprotected] Coresight Research Contact: Meir Kahtan/MKPR Phone: +1 917-864-0800 Email: [emailprotected] SOURCE Newmine Related Links newmine.com
Answer: | The Environmental Cost of Retail Returns Explored in Coresight Research's New Report, The Hidden Cost of Retail Returns, Commissioned by Newmine 71% of US online shoppers over the age of 18 would return an online purchase to a store rather than through the mail if it were shown to reduce carbon footprint. | NEW YORK, April 15, 2021 /PRNewswire/ --As consumers continue to migrate online for a greater share of their overall shopping, returns have become a critical and growing issue for retailers and brands. Coresight Research's Sustainability Insight Report, The Hidden Costs of Retail Returns, commissioned by Newmine, details the variety of ways in which product returns have exacerbated the challenge of creating a sustainable retail business. Reducing product returns positively impacts sustainability in three key areas: waste from returned goods, carbon emissions, and packaging and plastic waste. "Supply chains have become so complex and, in many cases, inefficientresulting in markdowns and returned product ending up in landfill," says Marie Driscoll, Managing Director, Luxury & Retail. "Retailers must address this costly and environmentally unsustainable challenge, or they jeopardize their ability to meet consumer demand and their financial health." The report outlines how returns reduction aligns to Coresight's EnCORE Framework, a model through which retailers can begin to internalize a sustainability strategy, while boosting profits and driving growth. Customer Education Can Provide Opportunities to Mitigate the Impact of High Returns The press conference to launch this report featured a discussion moderated by Deborah Weinswig, Founder & CEO of Coresight Research. The panelists explored the various ways in which retailers can mitigate the impact of the ever-increasing volumes of product returns. The panel comprised: Navjit Bhasin, Founder & CEO of Newmine, a retail technology company focused on delivering applied-AI solutions to retailers seeking to reduce their product returns. Michael Relich, Interim CEO of PSEB (PacSun Eddie Bauer) Marie Driscoll Customers have embraced fast, free, and frictionless returns, accounting for the growth in returns volume over the last decade, yet research revealed that customers are open to adjusting their behavior when made aware of how returns impact the environment: 71% of US shoppers over the age of 18 would return an online purchase to a store rather than through the mail if it were shown to reduce carbon footprint. 23% would consider paying a retailer to offset the carbon footprint associated with returning unwanted online purchases. 64% would be interested in returning items to a central depot in a mall/shopping center. "Ultimately, a return is a failed sale that leaves the consumer disappointed and inconvenienced," says Navjit Bhasin. "AI technology has made tackling this age-old issue problem possibleSo when you reduce returns, you delight your customers and minimize your environmental impact. All while reducing a significant cost to the business. Everybody wins." Coresight will be hosting a live webinar on Reducing Your Environmental Impact Through Returns Technology on Tuesday, April 20, at 11:00 AM EST. Receive up-to-date product, customer, and partner news directly from Newmine on LinkedIn. AboutNewmineComprised of former retail and supply chain executives with deep experience in retail strategy, operations, and technology, Newmine's vision is toensure retailers thrive in a transforming world. In addition to their operations and technology consulting practice, Newmine seeks to disrupt the returns management market with AI-driven returns reduction solutions. Newmine's Chief Returns Officer is an AI-powered platform that gives retailers a holistic view of integrated returns-related data from across the enterprise, prescribes corrective actions, and enables collaboration. Companies using Chief Returns Officer reduce return rates and improve their EBITDA. For more information, visit www.newmine.com. AboutCoresight ResearchCoresight Research is a research and advisory firm specializing in retail and technology. Established in 2018 by leading global retail analyst Deborah Weinswig, the firm is headquartered in New York, with offices in London, Hong Kong, Shanghai, and Mangalore (India). The firm provides data-driven analysis and strategic advisory to clients including retailers, brands, enterprise technology companies, accelerators and more. In addition to being renowned for its breadth and depth of research, Coresight Research is known for its expertise in the China market, helping clients with market entry and cross-border e-commerce strategies. Coresight Research is also known for its Innovator Intelligence platform, consisting of a vast network of technology entrepreneurs that it actively cultivates through events, mentorship, and regularly updated report coverage. For more information, visitwww.coresight.com. Newmine Contact: Jenny Gorlin Phone: 508-271-7694 Email: [emailprotected] Coresight Research Contact: Meir Kahtan/MKPR Phone: +1 917-864-0800 Email: [emailprotected] SOURCE Newmine Related Links newmine.com |
edtsum209 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: GAINESVILLE, Fla.--(BUSINESS WIRE)--Exactech, a developer and producer of innovative implants, instrumentation and smart technologies for joint replacement surgery, announced today the launch of its Active Intelligence platform of technologies that spans the entire journey of patient care. The company plans to aggressively expand its smart technology portfolio to better connect surgeons and patients with personalized, data-driven tools. Active Intelligence defines Exactechs strategic commitment to helping surgeons better engage with patients and peers, solve challenges with predictive tools and optimize how surgeons perform. According to Exactechs Chief Executive Officer Darin Johnson, For more than 35 years, our company has focused on helping surgeons improve patient outcomes. With Active Intelligence, we are now expanding our strategic focus to deliver a comprehensive platform of uniquely accessible technologies to assist surgeons throughout the entire journey of patient care. Our practical solutions will help monitor patient recovery, connect surgeons and patients and unlock insights that will augment surgeons decision making in ways our industry has never seen. Exactech will unveil its pipeline of Active Intelligence solutions in the coming days and weeks. The platform builds on ExactechGPS, the industrys first and only no-capital-cost navigation system with verified implant placement guidance for both knee and shoulder surgery, and previously announced innovations including the Shoulder Planning App, the VERASENSE shoulder sensor and the Vantage Ankle Patient-Specific Instruments. Exactech will introduce surgeons to Active Intelligence and unveil its near-term pipeline of innovations during a Dec. 3, 2020 webinar. Surgeons may register at www.exac.com/ActiveIntelligenceWebinar. For more information about Active Intelligence, please visit www.ExactechAI.com. *ExactechGPS is manufactured by Blue Ortho and distributed by Exactech, Inc. VERASENSE is manufactured by OrthoSensor and distributed by Exactech, Inc. About Exactech Exactech is a global medical device company that develops and markets orthopaedic implant devices and related surgical instruments to hospitals and physicians. Exactechs orthopaedic products and smart technologies are used in the restoration of bones and joints that have deteriorated as a result of injury or diseases, such as arthritis. Headquartered in Gainesville, Fla., Exactech markets its products in the United States, in addition to more than 30 markets in Europe, Latin America, Asia and the Pacific. Visit www.exac.com for more information and connect with us on LinkedIn, YouTube and Instagram.
Answer: | Exactech Sharpens Focus on Technology with Active Intelligence Expansive Technology Platform Delivers Smart Solutions for Joint Replacement | GAINESVILLE, Fla.--(BUSINESS WIRE)--Exactech, a developer and producer of innovative implants, instrumentation and smart technologies for joint replacement surgery, announced today the launch of its Active Intelligence platform of technologies that spans the entire journey of patient care. The company plans to aggressively expand its smart technology portfolio to better connect surgeons and patients with personalized, data-driven tools. Active Intelligence defines Exactechs strategic commitment to helping surgeons better engage with patients and peers, solve challenges with predictive tools and optimize how surgeons perform. According to Exactechs Chief Executive Officer Darin Johnson, For more than 35 years, our company has focused on helping surgeons improve patient outcomes. With Active Intelligence, we are now expanding our strategic focus to deliver a comprehensive platform of uniquely accessible technologies to assist surgeons throughout the entire journey of patient care. Our practical solutions will help monitor patient recovery, connect surgeons and patients and unlock insights that will augment surgeons decision making in ways our industry has never seen. Exactech will unveil its pipeline of Active Intelligence solutions in the coming days and weeks. The platform builds on ExactechGPS, the industrys first and only no-capital-cost navigation system with verified implant placement guidance for both knee and shoulder surgery, and previously announced innovations including the Shoulder Planning App, the VERASENSE shoulder sensor and the Vantage Ankle Patient-Specific Instruments. Exactech will introduce surgeons to Active Intelligence and unveil its near-term pipeline of innovations during a Dec. 3, 2020 webinar. Surgeons may register at www.exac.com/ActiveIntelligenceWebinar. For more information about Active Intelligence, please visit www.ExactechAI.com. *ExactechGPS is manufactured by Blue Ortho and distributed by Exactech, Inc. VERASENSE is manufactured by OrthoSensor and distributed by Exactech, Inc. About Exactech Exactech is a global medical device company that develops and markets orthopaedic implant devices and related surgical instruments to hospitals and physicians. Exactechs orthopaedic products and smart technologies are used in the restoration of bones and joints that have deteriorated as a result of injury or diseases, such as arthritis. Headquartered in Gainesville, Fla., Exactech markets its products in the United States, in addition to more than 30 markets in Europe, Latin America, Asia and the Pacific. Visit www.exac.com for more information and connect with us on LinkedIn, YouTube and Instagram. |
edtsum210 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: METZINGEN, Germany, Oct. 30, 2020 /PRNewswire/ --HUGO BOSS (OTCQX:BOSSY), based in Metzingen, focused on developing and selling high-quality fashion as well as accessories in the womenswear and menswear segments under the BOSS and HUGO brands, today announcedthat Frank Bhme, Senior Investor Relations Manager, will present live at VirtualInvestorConferences.com on November 5th. DATE: November 5th, 2020TIME: 9:30 10:00 AM ETLINK: https://bit.ly/2HDdBgd This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com. About HUGO BOSS HUGO BOSS AG is a premium fashion company, headquartered in Metzingen, Germany. The Group manufactures and markets high quality clothing and accessories for men and women under the brands of BOSS and HUGO. It employs around 14,600 employees. In 2019, the company generated sales of EUR 2.9 billion. The Group's portfolio consists of classic yet modern tailoring, elegant evening wear, casualwear, shoes and accessories as well as licensed fragrances, eyewear, watches, children's fashion, home textiles and writing instruments. About Virtual Investor ConferencesVirtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access. Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network. SOURCE VirtualInvestorConferences.com Related Links http://www.virtualinvestorconferences.com
Answer: | HUGO BOSS to Webcast Live at VirtualInvestorConferences.com November 5th Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com | METZINGEN, Germany, Oct. 30, 2020 /PRNewswire/ --HUGO BOSS (OTCQX:BOSSY), based in Metzingen, focused on developing and selling high-quality fashion as well as accessories in the womenswear and menswear segments under the BOSS and HUGO brands, today announcedthat Frank Bhme, Senior Investor Relations Manager, will present live at VirtualInvestorConferences.com on November 5th. DATE: November 5th, 2020TIME: 9:30 10:00 AM ETLINK: https://bit.ly/2HDdBgd This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com. About HUGO BOSS HUGO BOSS AG is a premium fashion company, headquartered in Metzingen, Germany. The Group manufactures and markets high quality clothing and accessories for men and women under the brands of BOSS and HUGO. It employs around 14,600 employees. In 2019, the company generated sales of EUR 2.9 billion. The Group's portfolio consists of classic yet modern tailoring, elegant evening wear, casualwear, shoes and accessories as well as licensed fragrances, eyewear, watches, children's fashion, home textiles and writing instruments. About Virtual Investor ConferencesVirtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access. Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network. SOURCE VirtualInvestorConferences.com Related Links http://www.virtualinvestorconferences.com |
edtsum211 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ZURICH--(BUSINESS WIRE)--RepRisk, a leading ESG data science firm that combines machine learning (ML) and human intelligence to identify and assess ESG risks, now delivers RepRisks Data Feed on AWS Data Exchange. The inclusion of RepRisk data in AWS Data Exchange, a service that makes it easy to find, subscribe to, and use third-party data in the cloud via Amazon Web Services (AWS), allows subscribers such as data analysts, portfolio managers, and quantitative investors, streamlined access to relevant, daily-updated information on ESG and business conduct risks for financial decision-making. We are thrilled to be working with AWS and are proud to be one of the first ESG data providers on AWS Data Exchange, said Alexandra Mihailescu Cichon, Executive Vice President of Sales and Marketing at RepRisk. RepRisk is committed to providing transparency. Our dataset serves as a reality check for how companies conduct their business around the world do they walk their talk when it comes to human rights, labor standards, corruption, and environmental issues? Joining AWS Data Exchange, a service that enables the discovery and procurement of third party data sets, is a significant milestone in that work and we are proud to be making in-roads for ESG in the alternative data landscape. RepRisk offers quantitative risk analytics and proprietary metrics for more than 160,000 public and private companies, from every sector and market across the globe. This data serves leading financial institutions and corporates in their due diligence and risk management processes across their operations, business relationships, and investments. About RepRisk Founded in 1998 and headquartered in Switzerland, RepRisk is a pioneer in ESG data science that leverages the combination of AI and machine learning with human intelligence to systematically analyze public information and identify material ESG risks. RepRisks flagship product, the RepRisk ESG Risk Platform, is the worlds largest and most comprehensive due diligence database on ESG and business conduct risks, with expertise in 20 languages and coverage of 160,000+ public and private companies and 40,000+ infrastructure projects. For more than a decade, the worlds leading financial institutions and corporations have trusted RepRisk for due diligence and risk management across their operations, business relationships, and investments. Find out more on reprisk.com.
Answer: | RepRisk becomes ESG provider on AWS Data Exchange Alternative data community to benefit from RepRisk ESG risk data through AWS Data Exchange | ZURICH--(BUSINESS WIRE)--RepRisk, a leading ESG data science firm that combines machine learning (ML) and human intelligence to identify and assess ESG risks, now delivers RepRisks Data Feed on AWS Data Exchange. The inclusion of RepRisk data in AWS Data Exchange, a service that makes it easy to find, subscribe to, and use third-party data in the cloud via Amazon Web Services (AWS), allows subscribers such as data analysts, portfolio managers, and quantitative investors, streamlined access to relevant, daily-updated information on ESG and business conduct risks for financial decision-making. We are thrilled to be working with AWS and are proud to be one of the first ESG data providers on AWS Data Exchange, said Alexandra Mihailescu Cichon, Executive Vice President of Sales and Marketing at RepRisk. RepRisk is committed to providing transparency. Our dataset serves as a reality check for how companies conduct their business around the world do they walk their talk when it comes to human rights, labor standards, corruption, and environmental issues? Joining AWS Data Exchange, a service that enables the discovery and procurement of third party data sets, is a significant milestone in that work and we are proud to be making in-roads for ESG in the alternative data landscape. RepRisk offers quantitative risk analytics and proprietary metrics for more than 160,000 public and private companies, from every sector and market across the globe. This data serves leading financial institutions and corporates in their due diligence and risk management processes across their operations, business relationships, and investments. About RepRisk Founded in 1998 and headquartered in Switzerland, RepRisk is a pioneer in ESG data science that leverages the combination of AI and machine learning with human intelligence to systematically analyze public information and identify material ESG risks. RepRisks flagship product, the RepRisk ESG Risk Platform, is the worlds largest and most comprehensive due diligence database on ESG and business conduct risks, with expertise in 20 languages and coverage of 160,000+ public and private companies and 40,000+ infrastructure projects. For more than a decade, the worlds leading financial institutions and corporations have trusted RepRisk for due diligence and risk management across their operations, business relationships, and investments. Find out more on reprisk.com. |
edtsum212 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN PEDRO GARZA GARCA, N.L. Mexico, Aug. 17, 2020 /PRNewswire/ --ALFA S.A.B. de C.V. (BMV: ALFAA) ("ALFA") held today an Extraordinary Shareholders' Meeting where a proposal to spin-off its entire ownership stake in Nemak, S.A.B. de C.V. (BMV: NEMAKA) ("Nemak") was approved. On behalf of ALFA's Board of Directors, Armando Garza Sada, Chairman of the Board, and lvaro Fernndez Garza, President, presented the proposal through which ALFA will execute the spin-off as a splitting entity. In addition, a new entity would be constituted as the spun-off company ("Controladora Nemak"), which will be listed on the Mexican Stock Exchange. ALFA will transfer its entire share ownership in Nemak to Controladora Nemak, as well as certain assets and capital. ALFA expects to complete the spin-off process within the next 60 days. ALFA shareholders will receive one share of Controladora Nemak for each of their ALFA shares, in addition to retaining their share ownership in ALFA's equity. "We greatly appreciate our Shareholders' vote of confidence in our strategy to unlock ALFA's full value potential. The spin-off approved today marks the first step in ALFA's transformational process towards fully independent business management; as compared to the legacy conglomerate structure," noted Armando Garza Sada, Chairman of ALFA's Board of Directors. "Nemak has a very successful track record operating separate from the Parent. In addition to its leading industry position and world-class capabilities, the Company has an extraordinarily talented team that will continue to drive sustainable, long-term value creation for all its stakeholders. To ensure a smooth transition, Nemak will continue to receive all our support," said Alvaro Fernndez Garza, President of ALFA. For more information, please visit https://www.alfa.com.mx/SP/press.htm [emailprotected]www.alfa.com.mx+ (52) 81-8748-2521 SOURCE ALFA, S.A.B. de C.V. Related Links https://www.alfa.com.mx
Answer: | ALFA Shareholders approved proposal to spin-off Nemak | SAN PEDRO GARZA GARCA, N.L. Mexico, Aug. 17, 2020 /PRNewswire/ --ALFA S.A.B. de C.V. (BMV: ALFAA) ("ALFA") held today an Extraordinary Shareholders' Meeting where a proposal to spin-off its entire ownership stake in Nemak, S.A.B. de C.V. (BMV: NEMAKA) ("Nemak") was approved. On behalf of ALFA's Board of Directors, Armando Garza Sada, Chairman of the Board, and lvaro Fernndez Garza, President, presented the proposal through which ALFA will execute the spin-off as a splitting entity. In addition, a new entity would be constituted as the spun-off company ("Controladora Nemak"), which will be listed on the Mexican Stock Exchange. ALFA will transfer its entire share ownership in Nemak to Controladora Nemak, as well as certain assets and capital. ALFA expects to complete the spin-off process within the next 60 days. ALFA shareholders will receive one share of Controladora Nemak for each of their ALFA shares, in addition to retaining their share ownership in ALFA's equity. "We greatly appreciate our Shareholders' vote of confidence in our strategy to unlock ALFA's full value potential. The spin-off approved today marks the first step in ALFA's transformational process towards fully independent business management; as compared to the legacy conglomerate structure," noted Armando Garza Sada, Chairman of ALFA's Board of Directors. "Nemak has a very successful track record operating separate from the Parent. In addition to its leading industry position and world-class capabilities, the Company has an extraordinarily talented team that will continue to drive sustainable, long-term value creation for all its stakeholders. To ensure a smooth transition, Nemak will continue to receive all our support," said Alvaro Fernndez Garza, President of ALFA. For more information, please visit https://www.alfa.com.mx/SP/press.htm [emailprotected]www.alfa.com.mx+ (52) 81-8748-2521 SOURCE ALFA, S.A.B. de C.V. Related Links https://www.alfa.com.mx |
edtsum213 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SHANGHAI, Aug. 25, 2020 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH),a leading wealth and asset management service provider in China with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced itsunaudited financial results for the second quarter of 2020. SECOND QUARTER 2020 FINANCIAL HIGHLIGHTS Net revenuesfor the second quarter of 2020 were RMB747.4million(US$105.8 million), a 0.2% increase from the first quarter of 2020, while a 14.2% decrease from the corresponding period in 2019. (RMB millions, except percentages) Q2 2019 Q2 2020 YoY Change Wealth management 625.6 542.8 (13.2%) Asset management 171.1 181.6 6.1% Lending and other businesses 74.9 23.0 (69.3%) Total net revenues 871.6 747.4 (14.2%) Income from operationsfor the second quarter of 2020 wasRMB319.5 million (US$45.2 million), a 24.7% increase from the first quarter of 2020, and a 26.9%increasefrom the corresponding period in 2019. (RMB millions, except percentages) Q2 2019 Q2 2020 YoY Change Wealth management 129.9 196.6 51.3% Asset management 86.8 100.8 16.1% Lending and other businesses 35.2 22.1 (36.9%) Total income from operations 251.9 319.5 26.9% Net income attributable to Noah shareholdersfor the second quarter of 2020 was RMB299.6 million (US$42.4 million), a 23.3% increase from the first quarter of 2020, and a 19.8% increase from the corresponding period in 2019. Non-GAAP[1] net income attributable to Noah shareholdersfor the second quarter of 2020 was RMB307.2 million (US$43.5million), a 20.1% increase from the first quarter of 2020, and a 16.7% increase from the corresponding period in 2019. SECOND QUARTER 2020 OPERATIONAL UPDATES Wealth Management Business The Company offers financial products and provides value-added services to high net worth clients in China and overseas for its wealth management business. Noah primarily distributes private equity, public securities, credit and other products denominated in RMB and other currencies. Total number of registered clientsas of June 30, 2020 was 332,157, a 17.1% increase from June 30, 2019, and a 3.4% increase from March 31, 2020. Total number of active clients[2] which excluded mutual fund clientsduring the second quarter of 2020 was 3,367, a 42.8% decrease from June 30, 2019, and a 17.4% decrease from the first quarter of 2020, as we are continuing in the transition of offering more online mutual fund products to our clients. Counting in mutual funds clients, the total number of clients who transacted with us during the second quarter of 2020 was 14,703, a 48.7% increase from the second quarter of 2019, and a 12.6% decrease from the first quarter of 2020. Aggregate value of financialproducts distributed during the second quarter of 2020 wasRMB21.4 billion (US$3.0 billion),a 12.0% decrease from the second quarter of 2019, and a 7.8% decrease from the first quarter of 2020. Three months ended June 30, 2019 2020 Product type (RMB in billions, except percentages) Credit products 9.8 40.0% 0.2 1.1% Private equity products 7.7 31.5% 2.5 11.9% Public securitiesproducts 6.0 24.7% 18.0 83.8% Other products 0.9 3.8% 0.7 3.2% All products 24.4 100.0% 21.4 100.0% Coverage network in mainland Chinaincluded264 service centers covering 78 cities asof June 30, 2020, compared with306 service centers covering 83 citiesas of June 30, 2019 and 292 service centers covering 78 cities as of March31, 2020. The decrease in the number of service centers and cities is primarily a result of consolidation of duplicate service centers in order to optimize costs and expenses. Number of relationship managerswas 1,196 as of June 30, 2020, a 16.2% decrease from June 30, 2019, and a 2.0% decrease from March 31, 2020, primarily as a result of the Company's efforts to streamline operational human resources. The turnover rate of core "elite" relationship managers was 1.4%, compared with 1.0% as of March 31, 2020. Asset Management Business The Company's asset management business is conducted through Gopher Asset Management Co., Ltd. ("Gopher Asset Management"), a leading alternative multi-asset manager in China with overseas offices in Hong Kong, the United States and Canada. Gopher Asset Management develops and manages assets ranging from private equity, real estate, public securities, credit to multi-strategy investments denominated in Renminbi and other currencies. Total assets under management as of June 30, 2020 were RMB159.4 billion (US$22.6 billion), a 1.4% decrease from March 31, 2020 and an 11.8% decrease from June 30, 2019. Investment type As ofMarch 31,2020 Growth Distribution/Redemption As ofJune 30,2020 (RMB billions, except percentages) Private equity 105.7 65.4% 2.1 0.1 107.7 67.6% Credit 19.9 12.3% 0.1 5.9 14.1 8.9% Real estate 18.2 11.3% 0.7 1.6 17.3 10.8% Public securities[3] 9.2 5.7% 3.2 0.6 11.8 7.4% Multi-strategies 8.7 5.3% 0.2 0.4 8.5 5.3% All Investments 161.7 100.0% 6.3 8.6 159.4 100.0% Lending and Other Businesses The Company's lending business utilizes an advanced risk-management system to assess and facilitate short-term loans to high quality borrowers, often secured with collateral. The total amount of loans originated during the second quarter of 2020 was RMB0.1 billion, compared with RMB2.8 billion for the corresponding period of 2019, due to the ongoing impact of COVID-19, and our voluntary reduction of loan origination. Other businesses include an online financial advisory platform. Ms. Jingbo Wang, co-founder and CEO of Noah, said, "We are very pleased to report strong results for the second quarter of 2020: our Non-GAAP net income rose 20.1% from the first quarter, representing a second highest record since our listing on the NYSE; our operating margin increased to 42.7% due to improved operation efficiency and higher performance income in connection with an increased number of successful primary market exits and a booming A-share market. The transaction value of public securities accounted for 83.8% of the total volume this quarter, demonstrating our continued commitment to distributing more standardized products to our clients. In this quarter, the outstanding amount of onshore mutual funds distributed on our mobile APP Fund Smile exceeded RMB10 billion, and our parallel offshore mutual fund mobile APP iNoah was launched, which jointly form the formation of Noah's global mutual funds platform. We are confident that the momentum we've seen in the past four quarters since our transformation will continue." SECOND QUARTER 2020 FINANCIAL RESULTS Net Revenues Net revenuesfor the second quarter of 2020 were RMB747.4 million (US$105.8 million), a 14.2% decrease from the corresponding period in 2019, primarily driven by decreased one-time commissions and other service fees, partially offset by increased recurring service fees and performance-based income. Wealth Management Business- Net revenues from one-time commissionsfor the second quarter of 2020 were RMB126.0 million (US$17.8 million), a 57.0% decrease from the corresponding period in 2019, primarily due to the decrease of transaction value as well as the distribution of lower one-time commission rates products.- Net revenues from recurring service feesfor the second quarter of 2020 were RMB310.3 million (US$43.9 million), a 15.5% increase from the corresponding period in 2019, mainly due to the service fees recognized upon liquidation of certain credit products with higher fee rates. - Net revenues from performance-based incomefor the second quarter of 2020 were RMB74.5 million (US$10.5 million), a 3,671.9% increase from the corresponding period of 2019, primarily due to a significant increase in performance-based income from public securities products as well as certain private equity products.- Net revenues from other service feesfor the second quarter of 2020 were RMB32.0 million (US$4.5 million), a 48.1% decrease from the corresponding period in 2019, primarily due to less value-added services Noah offers to its high net worth clients during the COVID-19 epidemic. Asset Management Business- Net revenues from recurring service fees for the second quarter of 2020 were RMB164.0 million (US$23.2 million), relatively flat compared with the corresponding period in 2019. - Net revenues from performance-based income for the second quarter of 2020 were RMB16.1 million (US$2.3 million), a 184.9% increase from the corresponding period in 2019, primarily due to an increase in performance-based income from private equity products. Lending and OtherBusinesses- Net revenues for the second quarter of 2020 were RMB23.0 million (US$3.3 million), a 69.3% decrease from the corresponding period in 2019. The decrease was primarily due to reduced loan origination since the second half of 2019 as well as the ongoing impact of COVID-19. Operating Costs and Expenses Operatingcosts andexpensesfor the second quarter of 2020 were RMB427.9 million (US$60.6 million), a 30.9% decrease from the corresponding period in 2019. Operating costs and expenses primarily consisted of compensation and benefits of RMB330.8 million (US$46.8 million), selling expenses of RMB62.6 million (US$8.9 million), general and administrative expenses of RMB68.5 million (US$9.7 million), provision of credit losses of RMB1.9 million (US$0.3 million) and other operating expenses of RMB20.7 million (US$2.9 million). Operating costs and expensesfor the wealth management businessfor the second quarter of 2020 were RMB346.2 million (US$49.0 million), a 30.2% decrease from the corresponding period in 2019, primarily due to a decrease in compensation and benefits and credit losses. Operating costs and expensesfor the asset management businessfor the second quarter of 2020 were RMB80.9 million (US$11.4 million), a 4.0% decrease from the corresponding period in 2019, primarily due to a decrease in compensation and benefits and credit losses. Operating costs and expensesfor the lending and other businessesfor the second quarter of 2020 were RMB0.8 million (US$0.1 million), a97.9% decrease from the corresponding period in 2019, primarily due to an increase in government grants in the amount of RMB14.6 million (US$2.1 million) . Operating Margin Operating margin for the second quarter of 2020 was 42.7%, increased from 28.9% for the corresponding period in 2019. Operating margin for the wealth management businessfor the second quarter of 2020 was 36.2%, compared with 20.8% for the corresponding period in 2019. Operating marginfor the asset management business for the second quarter of 2020 was 55.5%, compared with 50.8% for the corresponding period in 2019. Income from operation for the lending and other businessesfor the second quarter of 2020 was RMB22.1 million (US$3.1 million), compared with an operating income of RMB35.2 million for the corresponding period in 2019. Investment Income Investment incomefor the second quarter of 2020 was RMB4.7 million (US$0.7 million),compared with RMB11.8 million for the corresponding period in 2019. Income Tax Expenses Income tax expensesfor the second quarter of 2020 were RMB77.8 million (US$11.0 million), a 15.1% increase from the corresponding period in 2019, primarily due to higher taxable income. Income from Equity in Affiliates Income from equity in affiliatesfor the second quarter of 2020 was RMB40.7 million (US$5.8 million), a 41.2% increase from the corresponding period in 2019, primarily due to the increase of net income of the funds of funds we manage and invest in as the general partner or manager. Net Income Net Income- Net income for the second quarter of 2020 was RMB301.9 million (US$42.7 million), an 18.7% increase from the corresponding period in 2019.- Net margin for the second quarter of 2020 was 40.4%, up from 29.2% for the corresponding period in 2019.- Net income attributable to Noah shareholders for the second quarter of 2020 was RMB299.6 million (US$42.4 million), a 19.8% increase from the corresponding period in 2019.- Net margin attributable to Noah shareholders for the second quarter of 2020 was 40.1%, up from 28.7% for the corresponding period in 2019.- Net income attributable to Noah shareholders per basic and diluted ADSfor the second quarter of 2020 was RMB4.86 (US$0.69) and RMB4.84 (US$0.69), respectively, up from RMB4.09 and RMB4.04 respectively, for the corresponding period in 2019. Non-GAAP Net Income Attributable to Noah Shareholders - Non-GAAP net income attributable to Noah shareholders for the second quarter of 2020 was RMB307.2 million (US$43.5 million), a 16.7% increase from the corresponding period in 2019.- Non-GAAP net margin attributable to Noah shareholders for the second quarter of 2020 was 41.1%, compared with 30.2% for the corresponding period in 2019.- Non-GAAP net income attributable to Noah shareholders per diluted ADS for the second quarter of 2020 was RMB4.96 (US$0.70), up from RMB4.25 for the corresponding period in 2019. Balance Sheet and Cash Flow As of June 30, 2020, the Company had RMB4,170.7 million (US$590.3 million)in cash and cash equivalents, compared with RMB4,045.8 million as of March 31, 2020 and RMB2,873.7 million as of June 30, 2019. Net cash outflow from the Company's operating activities during the second quarter of 2020 was RMB9.6 million (US$1.4 million), primarily due to payment of employee annual bonuses and annual tax filing in the second quarter. Net cash inflow from the Company's investing activities during the second quarter of 2020 was RMB130.8 million (US$18.5 million), primarily due to disposal of various investments in the second quarter. Net cash inflow from the Company's financing activities was RMB2.2 million (US$0.3 million) in the second quarter of 2020, primarily due to proceeds from issuance of ordinary shares upon exercise of stock options. UPDATE ON CREDIT FUNDS As the Company previously disclosed on July 8, 2019, August 29, 2019 and April 24, 2020, in connection with certain credit funds managed by an affiliate of Gopher Asset Management ("Gopher") providing supply chain financing involving companies related to Camsing International Holding Limited ("Camsing"), it is suspected that fraud has been committed by third parties related to those financings. A criminal investigation in China is ongoing, and Gopher is assisting PRC government authorities in their investigation, as well as pursuing all available actions, including filing civil litigations against the relevant parties, to protect investors ("Investor(s)") of the credit funds involved in Camsing incidents ("Camsing Products") who have outstanding economic interests in such products and to recover their assets. Furthermore, in order to share the growth of the Company with the Investors, to prevent distraction or diversion of its management resources from existing or potential claims, as well as to protect the best interests of its shareholders, the Company has decided to propose a settlement offer to the Investors. Under the settlement plan, each Investor will be granted a certain number of restricted share units ("RSUs") of the Company, typically over a period of up to ten years, the vesting of which is subject to certain conditions and a schedule not exceeding fifteen years. An investor accepting the offer shall agree to give up all his or her outstanding legal rights associated with Camsing Products and irrevocably release the Company and all its affiliated entities and individuals from any and all claims, known or unknown, that relate to the Camsing Products. Upon vesting of the RSUs, the Investor will receive Class A ordinary shares of the Company. On August 24, 2020, this settlement plan was approved by the board of directors (the "Board") of the Company and a total number of new Class A ordinary shares not exceeding 1.6% of the share capital of the Company has been authorized to be issued each year for a consecutive ten years. As of the date hereof, there are only claims initiated in China by several Investors against Gopher or its affiliates. These claims are at early stages and their impact on the Company remains unclear. [1] Noah's Non-GAAP financial measures are its corresponding GAAP financial measures excluding the effects of all forms of share-based compensation, fair value changes of equity securities (unrealized), adjustment for sale of equity securities and net of relevant tax impact, if any. See "Reconciliation of GAAP to Non-GAAP Results" at the end of this press release. [2] "Active clients" for a given period refers to registered high net worth clients who purchase financial products distributed or provided by Noah during that given period, excluding clients who transacted on our online mutual fund platform. [3] The asset distribution/redemption of public securities also includes market appreciation or depreciation. 2020 FORECAST The Company revises its non-GAAP net income attributable to Noah shareholders for the full year 2020 from the range of RMB800 million to RMB900 million, to the range of RMB900 million to RMB1billion. The revision is based on stronger than expected transaction value and performance income of public securities, improved operation efficiency and optimistic business estimation of the second half of 2020, despite the impact on overseas new insurance transactions from COVID-19 travel bans. This estimate reflects management's current business outlook and is subject to change. CONFERENCE CALL Senior management will host a combined English and Chinese language conference call to discuss the Company's second quarter 2020 unaudited financial results and recent business activities. The conference call may be accessed with the following details: Conference call details Date/Time: Monday, August 24, 2020 at 8:00 p.m., U.S. Eastern Time Tuesday, August 25, 2020 at 8:00 a.m., Hong Kong Time Dial in details: -United States Toll Free +1-866-311-7654 -Mainland China Toll Free 4001-201-203 -Hong Kong Toll Free 800-905-945 -Hong Kong Local Toll +852-301-84992 -International +1-412-317-5227 Conference Title: Noah Holdings2Q20 Earnings Conference Call Participant Password: Noah Holdings Limited A telephone replay will be available starting one hour after the end of the conference call until August 31, 2020 at +1-877-344-7529 (US Toll Free) or +1-412-317-0088 (International Toll). The replay access code is 10146791. A live and archived webcast of the conference call will be available at Noah's investor relations website under the News & Events section at ir.noahgroup.com. DISCUSSION OF NON-GAAP MEASURES In addition to disclosing financial results prepared in accordance with U.S. GAAP, the Company's earnings release contains non-GAAP financial measures excluding the effects of all forms of share-based compensation, fair value changes of equity investments (unrealized), adjustment for sale of equity securities and net of tax impact, if any. See "Reconciliation of GAAP to Non-GAAP Results" at the end of this press release. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for financial measures prepared in accordance with U.S. GAAP. The financial results reported in accordance with U.S. GAAP and reconciliation of GAAP to non-GAAP results should be carefully evaluated. The non-GAAP financial measures used by the Company may be prepared differently from and, therefore, may not be comparable to similarly titled measures used by other companies. When evaluating the Company's operating performance in the periods presented, management reviewed the foregoing non-GAAP net income attributable to Noah shareholders and per diluted ADS and non-GAAP net margin attributable to Noah shareholders to supplement U.S. GAAP financial data. As such, the Company's management believes that the presentation of the non-GAAP financial measures provides important supplemental information to investors regarding financial and business trends relating to its results of operations in a manner consistent with that used by management. ABOUT NOAH HOLDINGS LIMITED Noah Holdings Limited (NYSE: NOAH) is a leading wealth and asset management service provider in China with a focus on high net worth individuals. In the first half of 2020, Noah distributed RMB44.6 billion (US$6.3 billion) of financial products. Through Gopher Asset Management, Noah had assets under management of RMB159.4 billion (US$22.6 billion) asof June 30, 2020. Noah's wealth management business primarily distributes private equity, public securities, credit and insurance products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,196 relationship managers across 264 service centers in 78 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong, Taiwan, United States, Canada, Australia and Singapore. The Company's wealth management business had 332,157 registered clients as of June 30, 2020. As a leading alternative multi-asset manager in China, Gopher Asset Management manages private equity, real estate, public securities,credit and multi-strategyinvestments denominated in Renminbi and other currencies.The Company also provides lending services and other businesses. For more information, please visit Noah at ir.noahgroup.com. FOREIGN CURRENCY TRANSLATION In this announcement, the unaudited financial results for the second quarter of 2020 ended June 30, 2020 are stated in RMB. This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB7.0651 to US$1.00, the effective noon buying rate for June 30, 2020 as set forth in the H.10 statistical release of the Federal Reserve Board. SAFE HARBOR STATEMENT This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the outlook for 2020 and quotations from management in this announcement, as well as Noah's strategic and operational plans, contain forward-looking statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause Noah's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 20-F. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law. -- FINANCIAL AND OPERATIONAL TABLES FOLLOW -- Noah Holdings Limited Condensed Consolidated Balance Sheets (unaudited) As of March 31, June 30, June 30, 2020 2020 2020 RMB'000 RMB'000 USD'000 Assets Current assets: Cash and cash equivalents 4,045,796 4,170,704 590,325 Restricted cash 6,583 4,098 580 Short-term investments 97,863 61,151 8,655 Accounts receivable, net 297,493 334,411 47,333 Loans receivable, net 620,905 619,811 87,729 Amounts due from related parties 757,278 766,189 108,447 Other current assets 196,857 199,908 28,295 Total current assets 6,022,775 6,156,272 871,364 Long-term investments, net 837,449 836,442 118,391 Investment in affiliates 1,325,649 1,291,255 182,765 Property and equipment, net 271,574 262,648 37,175 Operating lease right-of-use assets, net 337,405 343,925 48,679 Deferred tax assets 167,254 164,749 23,319 Other non-current assets 126,369 148,590 21,029 Total Assets 9,088,475 9,203,881 1,302,722 Liabilities and Equity Current liabilities: Accrued payroll and welfare expenses 644,420 461,530 65,325 Income tax payable 101,630 77,381 10,953 Deferred revenues 141,228 163,608 23,157 Other current liabilities 369,847 351,690 49,778 Total current liabilities 1,257,125 1,054,209 149,213 Operating lease liabilities, non-current 344,078 346,241 49,007 Deferred tax liabilities 56,804 56,480 7,994 Other non-current liabilities 2,787 3,526 499 Total Liabilities 1,660,794 1,460,456 206,713 Equity 7,427,681 7,743,425 1,096,009 Total Liabilities and Equity 9,088,475 9,203,881 1,302,722 Noah Holdings Limited Condensed Consolidated Income Statements (In RMB'000, except for USD data, per ADS data and percentages) (unaudited) Three months ended June 30, June 30, June 30, Change 2019 2020 2020 Revenues: RMB'000 RMB'000 USD'000 Revenues from others: One-time commissions 193,937 117,085 16,572 (39.6%) Recurring service fees 131,164 152,253 21,550 16.10% Performance-based income 2,051 57,206 8,097 2689.20% Other service fees 139,940 56,197 7,954 (59.8%) Total revenues from others 467,092 382,741 54,173 (18.1%) Revenues from funds Gophermanages: One-time commissions 101,104 10,431 1,476 (89.7%) Recurring service fees 303,578 324,174 45,884 6.80% Performance-based income 5,610 33,766 4,779 501.90% Total revenues from funds Gopher manages 410,292 368,371 52,139 (10.2%) Total revenues 877,384 751,112 106,312 (14.4%) Less: VAT related surcharges (5,786) (3,674) (520) (36.5%) Net revenues 871,598 747,438 105,792 (14.2%) Operating costs and expenses: Compensation and benefits Relationship managers (175,898) (113,044) (16,000) (35.7%) Others (261,604) (217,805) (30,828) (16.7%) Total compensation and benefits (437,502) (330,849) (46,828) (24.4%) Selling expenses (79,557) (62,622) (8,864) (21.3%) General and administrative expenses (47,742) (68,502) (9,696) 43.5% Provision for credit losses (36,461) (1,897) (269) (94.8%) Other operating expenses (51,063) (20,715) (2,932) (59.4%) Government grants 32,587 56,651 8,018 73.8% Total operating costs and expenses (619,738) (427,934) (60,571) (30.9%) Income from operations 251,860 319,504 45,221 26.9% Other income: Interest income 29,225 10,530 1,490 (64.0%) Investment income 11,847 4,711 667 (60.2%) Other income 310 4,298 608 1286.5% Total other income 41,382 19,539 2,765 (52.8%) Income before taxes and income from equity in affiliates 293,242 339,043 47,986 15.6% Income tax expense (67,622) (77,810) (11,013) 15.1% Income from equity in affiliates 28,829 40,693 5,760 41.2% Net income 254,449 301,926 42,733 18.7% Less: net income attributable to non- controlling interests 4,266 2,285 323 (46.4%) Net income attributable to Noah shareholders 250,183 299,641 42,410 19.8% Income per ADS, basic 4.09 4.86 0.69 18.8% Income per ADS, diluted 4.04 4.84 0.69 19.8% Margin analysis: Operating margin 28.9% 42.7% 42.7% Net margin 29.2% 40.4% 40.4% Weighted average ADS equivalent[1]: Basic 61,211,098 61,661,522 61,661,522 Diluted 61,966,245 61,921,913 61,921,913 ADS equivalent outstanding at end of period 61,259,417 61,698,055 61,698,055 [1] Assumes all outstanding ordinary shares are represented by ADSs. Each ordinary share represents two ADSs. Noah Holdings Limited Condensed Consolidated Income Statements (In RMB'000, except for USD data, per ADS data and percentages) (unaudited) Six months ended June 30, June 30, June 30, Change 2019 2020 2020 Revenues: RMB'000 RMB'000 USD'000 Revenues from others: One-time commissions 410,580 324,270 45,897 (21.0%) Recurring service fees 263,640 300,710 42,563 14.1% Performance-based income 3,145 71,824 10,166 2,183.8% Other service fees 285,317 122,805 17,382 (57.0%) Total revenues from others 962,682 819,609 116,008 (14.9%) Revenues from funds Gopher manages: One-time commissions 209,012 15,180 2,149 (92.7%) Recurring service fees 591,734 627,624 88,834 6.1% Performance-based income 9,368 38,941 5,512 315.7% Total revenues from funds Gopher manages 810,114 681,745 96,495 (15.8%) Total revenues 1,772,796 1,501,354 212,503 (15.3%) Less: VAT related surcharges (11,314) (7,799) (1,104) (31.1%) Net revenues 1,761,482 1,493,555 211,399 (15.2%) Operating costs and expenses: Compensation and benefits Relationship managers (343,166) (283,096) (40,070) (17.5%) Others (498,641) (412,592) (58,399) (17.3%) Total compensation and benefits (841,807) (695,688) (98,469) (17.4%) Selling expenses (170,013) (107,162) (15,168) (37.0%) General and administrative expenses (106,743) (132,187) (18,710) 23.8% Provision for credit losses (36,010) (4,706) (666) (86.9%) Other operating expenses (101,891) (53,332) (7,549) (47.7%) Government grants 49,367 75,286 10,656 52.5% Total operating costs and expenses (1,207,097) (917,789) (129,906) (24.0%) Income from operations 554,385 575,766 81,493 3.9% Other income: Interest income 52,348 32,700 4,628 (37.5%) Interest expenses (430) - - N.A. Investment income 37,510 22,277 3,153 (40.6%) Other expense(income) (1,618) 5,156 730 N.A. Total other income 87,810 60,133 8,511 (31.5%) Income before taxes and income from equity in affiliates 642,195 635,899 90,004 (1.0%) Income tax expense (147,114) (146,086) (20,677) (0.7%) Income from equity in affiliates 46,952 55,769 7,894 18.8% Net income 542,033 545,582 77,221 0.7% Less: net income attributable to non-controlling interests 7,273 2,916 413 (59.9%) Net income attributable to Noah shareholders 534,760 542,666 76,808 1.5% Income per ADS, basic 8.78 8.80 1.25 0.2% Income per ADS, diluted 8.65 8.76 1.24 1.3% Margin analysis: Operating margin 31.5% 38.6% 38.6% Net margin 30.8% 36.5% 36.5% Weighted average ADS equivalent[1]: Basic 60,892,670 61,640,688 61,640,688 Diluted 61,933,765 61,949,755 61,949,755 ADS equivalent outstanding at end of period 61,259,417 61,698,055 61,698,055 [1] Assumes all outstanding ordinary shares are represented by ADSs. Each ordinary share represents two ADSs. Noah Holdings Limited Condensed Comprehensive Income Statements (unaudited) Three months ended June 30, June 30, June 30, Change 2019 2020 2020 RMB'000 RMB'000 USD'000 Net income 254,449 301,926 42,733 18.7% Other comprehensive income, net of tax: Foreign currency translation adjustments 54,495 (7,160) (1,013) N.A. Fair value fluctuation of available for sale Investment (after tax) 2,339 110 (66.9%) 775 Comprehensive income 311,283 295,541 41,830 (5.1%) Less: Comprehensive income attributableto non-controlling interests 4,199 2,326 329 (44.6%) Comprehensive income attributable to Noahshareholders 307,084 293,215 41,501 (4.5%) Noah Holdings Limited Condensed Comprehensive Income Statements (unaudited) Six months ended June 30, June 30, June 30, Change 2019 2020 2020 RMB'000 RMB'000 USD'000 Net income 542,033 545,582 77,221 0.7% Other comprehensive income, net of tax: Foreign currency translation adjustments 23,637 30,159 4,269 27.6% Fair value fluctuation of available for sale Investment (after tax) 2,387 771 109 (67.7%) Comprehensive income 568,057 576,512 81,599 1.5% Less: Comprehensive income attributableto non-controlling interests 7,416 2,952 418 (60.2%) Comprehensive income attributable to Noahshareholders 560,641 573,560 81,181 2.3% Noah Holdings Limited Supplemental Information (unaudited) As of June 30, June 30, Change 2019 2020 Number of registered clients 283,655 332,157 17.1% Number of relationship managers 1,428 1,196 (16.2%) Number of cities in mainland China under coverage 83 78 (6.0%) Three months ended June 30, June 30, Change 2019 2020 (in millions of RMB, except number of active clients and percentages) Number of active clients[4] 5,882 3,367 (42.8%) Number of active clients including mutual fund clients 9,888 14,703 48.7% Transaction value: Credit products 9,750 232 (97.6%) Private equity products 7,658 2,551 (66.7%) Public securities products 6,021 17,971 198.5% Other products 934 689 (26.2%) Total transaction value 24,363 21,443 (12.0%) [4] "Active clients" for a given period refers to registered high net worth clients who purchase financial products distributed or provided by Noah during that given period, excluding clients who transacted on our online mutual fund platform. Noah Holdings Limited Segment Condensed Income Statements (unaudited) Three months ended June 30, 2020 WealthManagementBusiness AssetManagementBusiness Lending and OtherBusinesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Revenues from others One-time commissions 116,719 366 - 117,085 Recurring service fees 151,607 646 - 152,253 Performance-based income 57,206 - - 57,206 Other service fees 32,163 627 23,407 56,197 Total revenues from others 357,695 1,639 23,407 382,741 Revenues from funds Gopher manages One-time commissions 9,860 571 - 10,431 Recurring service fees 160,202 163,972 - 324,174 Performance-based income 17,613 16,153 - 33,766 Total revenues from funds Gopher manages 187,675 180,696 - 368,371 Total revenues 545,370 182,335 23,407 751,112 Less: VAT related surcharges (2,560) (693) (421) (3,674) Net revenues 542,810 181,642 22,986 747,438 Operating costs and expenses: Compensation and benefits Relationship managers (113,044) - - (113,044) Others (129,238) (70,395) (18,172) (217,805) Total compensation and benefits (242,282) (70,395) (18,172) (330,849) Selling expenses (49,302) (8,407) (4,913) (62,622) General and administrative expenses (51,735) (12,994) (3,773) (68,502) Provision for credit losses - - (1,897) (1,897) Other operating expenses (17,796) (1,614) (1,305) (20,715) Government grants 14,868 12,549 29,234 56,651 Total operating costs and expenses (346,247) (80,861) (826) (427,934) Income from operations 196,563 100,781 22,160 319,504 Noah Holdings Limited Segment Condensed Income Statements (unaudited) Three months ended June 30, 2019 Wealth Management Business Asset Management Business Lending and Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Revenues from others One-time commissions 193,567 370 - 193,937 Recurring service fees 129,698 1,466 - 131,164 Performance-based income 1,984 67 - 2,051 Other service fees 62,032 1,193 76,715 139,940 Total revenues from others 387,281 3,096 76,715 467,092 Revenues from funds Gopher manages One-time commissions 101,104 - - 101,104 Recurring service fees 140,316 163,262 - 303,578 Performance-based income - 5,610 - 5,610 Total revenues from funds Gopher manages 241,420 168,872 - 410,292 Total revenues 628,701 171,968 76,715 877,384 Less: VAT related surcharges (3,070) (877) (1,839) (5,786) Net revenues 625,631 171,091 74,876 871,598 Operating costs and expenses: Compensation and benefits Relationship managers (175,851) - (47) (175,898) Others (162,491) (72,697) (26,416) (261,604) Total compensation and benefits (338,342) (72,697) (26,463) (437,502) Selling expenses (70,838) (4,344) (4,375) (79,557) General and administrative expenses (31,834) (11,143) (4,765) (47,742) Provision for credit losses (31,402) (2,635) (2,424) (36,461) Other operating expenses (32,179) (2,575) (16,309) (51,063) Government grants 8,821 9,144 14,622 32,587 Total operating costs and expenses (495,774) (84,250) (39,714) (619,738) Income from operations 129,857 86,841 35,162 251,860 Noah Holdings Limited Supplement Revenue Information by Geography (unaudited) Three months ended June 30, 2020 WealthManagementBusiness AssetManagementBusiness Lendingand Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Mainland China 392,284 150,489 23,407 566,180 Hong Kong 121,176 28,052 - 149,228 Others 31,910 3,794 - 35,704 Total revenues 545,370 182,335 23,407 751,112 Three months ended June 30, 2019 WealthManagementBusiness AssetManagementBusiness Lendingand Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Mainland China 420,540 145,992 76,715 643,247 Hong Kong 178,002 23,705 - 201,707 Others 30,159 2,271 - 32,430 Total revenues 628,701 171,968 76,715 877,384 Noah Holdings Limited Reconciliation of GAAP to Non-GAAP Results (In RMB, except for per ADS data and percentages) (unaudited)[5] Three months ended June 30, June 30, Change 2019 2020 RMB'000 RMB'000 Net income attributable to Noah shareholders 250,183 299,641 19.8% Adjustment for share-based compensation 22,994 18,106 (21.3%) Less: gains from fair value changes of equity securities (unrealized) 10,775 2,316 (78.5%) Add: gains from sales of equity securities (realized) 4,951 - N.A. Less: tax effect of adjustments 3,977 8,200 106.2% Adjusted net income attributable to Noah shareholders(non-GAAP) 263,376 307,231 16.7% Net marginattributable to Noah shareholders 28.7% 40.1% Non-GAAP net margin attributable to Noah shareholders 30.2% 41.1% Net income attributable to Noah shareholders per ADS, diluted 4.04 4.84 19.8% Non-GAAP net income attributable to Noah shareholders per ADS, diluted 4.25 4.96 16.7% [5] Noah's Non-GAAP financial measures are its corresponding GAAP financial measures excluding the effects of all forms of share-based compensation, fair value changes of equity securities (unrealized), adjustment for sale of equity securities and net of tax impact, if any. Noah Holdings Limited Reconciliation of GAAP to Non-GAAP Results (In RMB, except for per ADS data and percentages) (unaudited) Six months ended June 30, June 30, Change 2019 2020 RMB'000 RMB'000 Net income attributable to Noah shareholders 534,760 542,666 1.5% Adjustment for share-based compensation 52,610 36,397 (30.8%) Less: gains from fair value changes of equity securities (unrealized) 19,517 8,399 (57.0%) Add: gains from sales of equity securities (realized) 9,836 - N.A. Less: tax effect of adjustments 9,691 7,548 (22.1%) Adjusted net income attributable to Noah shareholders (non-GAAP) 567,998 563,116 (0.9%) Net marginattributable to Noah shareholders 30.4% 36.3% Non-GAAP net margin attributable to Noah shareholders 32.2% 37.7% Net income attributable to Noah shareholders per ADS, diluted 8.65 8.76 1.3% Non-GAAP net income attributable to Noah shareholders per ADS, diluted 9.18 9.09 (1.0%) SOURCE Noah Holdings Limited Related Links www.noahwm.com
Answer: | Noah Holdings Limited Announces Unaudited Financial Results for the Second Quarter of 2020 | SHANGHAI, Aug. 25, 2020 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH),a leading wealth and asset management service provider in China with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced itsunaudited financial results for the second quarter of 2020. SECOND QUARTER 2020 FINANCIAL HIGHLIGHTS Net revenuesfor the second quarter of 2020 were RMB747.4million(US$105.8 million), a 0.2% increase from the first quarter of 2020, while a 14.2% decrease from the corresponding period in 2019. (RMB millions, except percentages) Q2 2019 Q2 2020 YoY Change Wealth management 625.6 542.8 (13.2%) Asset management 171.1 181.6 6.1% Lending and other businesses 74.9 23.0 (69.3%) Total net revenues 871.6 747.4 (14.2%) Income from operationsfor the second quarter of 2020 wasRMB319.5 million (US$45.2 million), a 24.7% increase from the first quarter of 2020, and a 26.9%increasefrom the corresponding period in 2019. (RMB millions, except percentages) Q2 2019 Q2 2020 YoY Change Wealth management 129.9 196.6 51.3% Asset management 86.8 100.8 16.1% Lending and other businesses 35.2 22.1 (36.9%) Total income from operations 251.9 319.5 26.9% Net income attributable to Noah shareholdersfor the second quarter of 2020 was RMB299.6 million (US$42.4 million), a 23.3% increase from the first quarter of 2020, and a 19.8% increase from the corresponding period in 2019. Non-GAAP[1] net income attributable to Noah shareholdersfor the second quarter of 2020 was RMB307.2 million (US$43.5million), a 20.1% increase from the first quarter of 2020, and a 16.7% increase from the corresponding period in 2019. SECOND QUARTER 2020 OPERATIONAL UPDATES Wealth Management Business The Company offers financial products and provides value-added services to high net worth clients in China and overseas for its wealth management business. Noah primarily distributes private equity, public securities, credit and other products denominated in RMB and other currencies. Total number of registered clientsas of June 30, 2020 was 332,157, a 17.1% increase from June 30, 2019, and a 3.4% increase from March 31, 2020. Total number of active clients[2] which excluded mutual fund clientsduring the second quarter of 2020 was 3,367, a 42.8% decrease from June 30, 2019, and a 17.4% decrease from the first quarter of 2020, as we are continuing in the transition of offering more online mutual fund products to our clients. Counting in mutual funds clients, the total number of clients who transacted with us during the second quarter of 2020 was 14,703, a 48.7% increase from the second quarter of 2019, and a 12.6% decrease from the first quarter of 2020. Aggregate value of financialproducts distributed during the second quarter of 2020 wasRMB21.4 billion (US$3.0 billion),a 12.0% decrease from the second quarter of 2019, and a 7.8% decrease from the first quarter of 2020. Three months ended June 30, 2019 2020 Product type (RMB in billions, except percentages) Credit products 9.8 40.0% 0.2 1.1% Private equity products 7.7 31.5% 2.5 11.9% Public securitiesproducts 6.0 24.7% 18.0 83.8% Other products 0.9 3.8% 0.7 3.2% All products 24.4 100.0% 21.4 100.0% Coverage network in mainland Chinaincluded264 service centers covering 78 cities asof June 30, 2020, compared with306 service centers covering 83 citiesas of June 30, 2019 and 292 service centers covering 78 cities as of March31, 2020. The decrease in the number of service centers and cities is primarily a result of consolidation of duplicate service centers in order to optimize costs and expenses. Number of relationship managerswas 1,196 as of June 30, 2020, a 16.2% decrease from June 30, 2019, and a 2.0% decrease from March 31, 2020, primarily as a result of the Company's efforts to streamline operational human resources. The turnover rate of core "elite" relationship managers was 1.4%, compared with 1.0% as of March 31, 2020. Asset Management Business The Company's asset management business is conducted through Gopher Asset Management Co., Ltd. ("Gopher Asset Management"), a leading alternative multi-asset manager in China with overseas offices in Hong Kong, the United States and Canada. Gopher Asset Management develops and manages assets ranging from private equity, real estate, public securities, credit to multi-strategy investments denominated in Renminbi and other currencies. Total assets under management as of June 30, 2020 were RMB159.4 billion (US$22.6 billion), a 1.4% decrease from March 31, 2020 and an 11.8% decrease from June 30, 2019. Investment type As ofMarch 31,2020 Growth Distribution/Redemption As ofJune 30,2020 (RMB billions, except percentages) Private equity 105.7 65.4% 2.1 0.1 107.7 67.6% Credit 19.9 12.3% 0.1 5.9 14.1 8.9% Real estate 18.2 11.3% 0.7 1.6 17.3 10.8% Public securities[3] 9.2 5.7% 3.2 0.6 11.8 7.4% Multi-strategies 8.7 5.3% 0.2 0.4 8.5 5.3% All Investments 161.7 100.0% 6.3 8.6 159.4 100.0% Lending and Other Businesses The Company's lending business utilizes an advanced risk-management system to assess and facilitate short-term loans to high quality borrowers, often secured with collateral. The total amount of loans originated during the second quarter of 2020 was RMB0.1 billion, compared with RMB2.8 billion for the corresponding period of 2019, due to the ongoing impact of COVID-19, and our voluntary reduction of loan origination. Other businesses include an online financial advisory platform. Ms. Jingbo Wang, co-founder and CEO of Noah, said, "We are very pleased to report strong results for the second quarter of 2020: our Non-GAAP net income rose 20.1% from the first quarter, representing a second highest record since our listing on the NYSE; our operating margin increased to 42.7% due to improved operation efficiency and higher performance income in connection with an increased number of successful primary market exits and a booming A-share market. The transaction value of public securities accounted for 83.8% of the total volume this quarter, demonstrating our continued commitment to distributing more standardized products to our clients. In this quarter, the outstanding amount of onshore mutual funds distributed on our mobile APP Fund Smile exceeded RMB10 billion, and our parallel offshore mutual fund mobile APP iNoah was launched, which jointly form the formation of Noah's global mutual funds platform. We are confident that the momentum we've seen in the past four quarters since our transformation will continue." SECOND QUARTER 2020 FINANCIAL RESULTS Net Revenues Net revenuesfor the second quarter of 2020 were RMB747.4 million (US$105.8 million), a 14.2% decrease from the corresponding period in 2019, primarily driven by decreased one-time commissions and other service fees, partially offset by increased recurring service fees and performance-based income. Wealth Management Business- Net revenues from one-time commissionsfor the second quarter of 2020 were RMB126.0 million (US$17.8 million), a 57.0% decrease from the corresponding period in 2019, primarily due to the decrease of transaction value as well as the distribution of lower one-time commission rates products.- Net revenues from recurring service feesfor the second quarter of 2020 were RMB310.3 million (US$43.9 million), a 15.5% increase from the corresponding period in 2019, mainly due to the service fees recognized upon liquidation of certain credit products with higher fee rates. - Net revenues from performance-based incomefor the second quarter of 2020 were RMB74.5 million (US$10.5 million), a 3,671.9% increase from the corresponding period of 2019, primarily due to a significant increase in performance-based income from public securities products as well as certain private equity products.- Net revenues from other service feesfor the second quarter of 2020 were RMB32.0 million (US$4.5 million), a 48.1% decrease from the corresponding period in 2019, primarily due to less value-added services Noah offers to its high net worth clients during the COVID-19 epidemic. Asset Management Business- Net revenues from recurring service fees for the second quarter of 2020 were RMB164.0 million (US$23.2 million), relatively flat compared with the corresponding period in 2019. - Net revenues from performance-based income for the second quarter of 2020 were RMB16.1 million (US$2.3 million), a 184.9% increase from the corresponding period in 2019, primarily due to an increase in performance-based income from private equity products. Lending and OtherBusinesses- Net revenues for the second quarter of 2020 were RMB23.0 million (US$3.3 million), a 69.3% decrease from the corresponding period in 2019. The decrease was primarily due to reduced loan origination since the second half of 2019 as well as the ongoing impact of COVID-19. Operating Costs and Expenses Operatingcosts andexpensesfor the second quarter of 2020 were RMB427.9 million (US$60.6 million), a 30.9% decrease from the corresponding period in 2019. Operating costs and expenses primarily consisted of compensation and benefits of RMB330.8 million (US$46.8 million), selling expenses of RMB62.6 million (US$8.9 million), general and administrative expenses of RMB68.5 million (US$9.7 million), provision of credit losses of RMB1.9 million (US$0.3 million) and other operating expenses of RMB20.7 million (US$2.9 million). Operating costs and expensesfor the wealth management businessfor the second quarter of 2020 were RMB346.2 million (US$49.0 million), a 30.2% decrease from the corresponding period in 2019, primarily due to a decrease in compensation and benefits and credit losses. Operating costs and expensesfor the asset management businessfor the second quarter of 2020 were RMB80.9 million (US$11.4 million), a 4.0% decrease from the corresponding period in 2019, primarily due to a decrease in compensation and benefits and credit losses. Operating costs and expensesfor the lending and other businessesfor the second quarter of 2020 were RMB0.8 million (US$0.1 million), a97.9% decrease from the corresponding period in 2019, primarily due to an increase in government grants in the amount of RMB14.6 million (US$2.1 million) . Operating Margin Operating margin for the second quarter of 2020 was 42.7%, increased from 28.9% for the corresponding period in 2019. Operating margin for the wealth management businessfor the second quarter of 2020 was 36.2%, compared with 20.8% for the corresponding period in 2019. Operating marginfor the asset management business for the second quarter of 2020 was 55.5%, compared with 50.8% for the corresponding period in 2019. Income from operation for the lending and other businessesfor the second quarter of 2020 was RMB22.1 million (US$3.1 million), compared with an operating income of RMB35.2 million for the corresponding period in 2019. Investment Income Investment incomefor the second quarter of 2020 was RMB4.7 million (US$0.7 million),compared with RMB11.8 million for the corresponding period in 2019. Income Tax Expenses Income tax expensesfor the second quarter of 2020 were RMB77.8 million (US$11.0 million), a 15.1% increase from the corresponding period in 2019, primarily due to higher taxable income. Income from Equity in Affiliates Income from equity in affiliatesfor the second quarter of 2020 was RMB40.7 million (US$5.8 million), a 41.2% increase from the corresponding period in 2019, primarily due to the increase of net income of the funds of funds we manage and invest in as the general partner or manager. Net Income Net Income- Net income for the second quarter of 2020 was RMB301.9 million (US$42.7 million), an 18.7% increase from the corresponding period in 2019.- Net margin for the second quarter of 2020 was 40.4%, up from 29.2% for the corresponding period in 2019.- Net income attributable to Noah shareholders for the second quarter of 2020 was RMB299.6 million (US$42.4 million), a 19.8% increase from the corresponding period in 2019.- Net margin attributable to Noah shareholders for the second quarter of 2020 was 40.1%, up from 28.7% for the corresponding period in 2019.- Net income attributable to Noah shareholders per basic and diluted ADSfor the second quarter of 2020 was RMB4.86 (US$0.69) and RMB4.84 (US$0.69), respectively, up from RMB4.09 and RMB4.04 respectively, for the corresponding period in 2019. Non-GAAP Net Income Attributable to Noah Shareholders - Non-GAAP net income attributable to Noah shareholders for the second quarter of 2020 was RMB307.2 million (US$43.5 million), a 16.7% increase from the corresponding period in 2019.- Non-GAAP net margin attributable to Noah shareholders for the second quarter of 2020 was 41.1%, compared with 30.2% for the corresponding period in 2019.- Non-GAAP net income attributable to Noah shareholders per diluted ADS for the second quarter of 2020 was RMB4.96 (US$0.70), up from RMB4.25 for the corresponding period in 2019. Balance Sheet and Cash Flow As of June 30, 2020, the Company had RMB4,170.7 million (US$590.3 million)in cash and cash equivalents, compared with RMB4,045.8 million as of March 31, 2020 and RMB2,873.7 million as of June 30, 2019. Net cash outflow from the Company's operating activities during the second quarter of 2020 was RMB9.6 million (US$1.4 million), primarily due to payment of employee annual bonuses and annual tax filing in the second quarter. Net cash inflow from the Company's investing activities during the second quarter of 2020 was RMB130.8 million (US$18.5 million), primarily due to disposal of various investments in the second quarter. Net cash inflow from the Company's financing activities was RMB2.2 million (US$0.3 million) in the second quarter of 2020, primarily due to proceeds from issuance of ordinary shares upon exercise of stock options. UPDATE ON CREDIT FUNDS As the Company previously disclosed on July 8, 2019, August 29, 2019 and April 24, 2020, in connection with certain credit funds managed by an affiliate of Gopher Asset Management ("Gopher") providing supply chain financing involving companies related to Camsing International Holding Limited ("Camsing"), it is suspected that fraud has been committed by third parties related to those financings. A criminal investigation in China is ongoing, and Gopher is assisting PRC government authorities in their investigation, as well as pursuing all available actions, including filing civil litigations against the relevant parties, to protect investors ("Investor(s)") of the credit funds involved in Camsing incidents ("Camsing Products") who have outstanding economic interests in such products and to recover their assets. Furthermore, in order to share the growth of the Company with the Investors, to prevent distraction or diversion of its management resources from existing or potential claims, as well as to protect the best interests of its shareholders, the Company has decided to propose a settlement offer to the Investors. Under the settlement plan, each Investor will be granted a certain number of restricted share units ("RSUs") of the Company, typically over a period of up to ten years, the vesting of which is subject to certain conditions and a schedule not exceeding fifteen years. An investor accepting the offer shall agree to give up all his or her outstanding legal rights associated with Camsing Products and irrevocably release the Company and all its affiliated entities and individuals from any and all claims, known or unknown, that relate to the Camsing Products. Upon vesting of the RSUs, the Investor will receive Class A ordinary shares of the Company. On August 24, 2020, this settlement plan was approved by the board of directors (the "Board") of the Company and a total number of new Class A ordinary shares not exceeding 1.6% of the share capital of the Company has been authorized to be issued each year for a consecutive ten years. As of the date hereof, there are only claims initiated in China by several Investors against Gopher or its affiliates. These claims are at early stages and their impact on the Company remains unclear. [1] Noah's Non-GAAP financial measures are its corresponding GAAP financial measures excluding the effects of all forms of share-based compensation, fair value changes of equity securities (unrealized), adjustment for sale of equity securities and net of relevant tax impact, if any. See "Reconciliation of GAAP to Non-GAAP Results" at the end of this press release. [2] "Active clients" for a given period refers to registered high net worth clients who purchase financial products distributed or provided by Noah during that given period, excluding clients who transacted on our online mutual fund platform. [3] The asset distribution/redemption of public securities also includes market appreciation or depreciation. 2020 FORECAST The Company revises its non-GAAP net income attributable to Noah shareholders for the full year 2020 from the range of RMB800 million to RMB900 million, to the range of RMB900 million to RMB1billion. The revision is based on stronger than expected transaction value and performance income of public securities, improved operation efficiency and optimistic business estimation of the second half of 2020, despite the impact on overseas new insurance transactions from COVID-19 travel bans. This estimate reflects management's current business outlook and is subject to change. CONFERENCE CALL Senior management will host a combined English and Chinese language conference call to discuss the Company's second quarter 2020 unaudited financial results and recent business activities. The conference call may be accessed with the following details: Conference call details Date/Time: Monday, August 24, 2020 at 8:00 p.m., U.S. Eastern Time Tuesday, August 25, 2020 at 8:00 a.m., Hong Kong Time Dial in details: -United States Toll Free +1-866-311-7654 -Mainland China Toll Free 4001-201-203 -Hong Kong Toll Free 800-905-945 -Hong Kong Local Toll +852-301-84992 -International +1-412-317-5227 Conference Title: Noah Holdings2Q20 Earnings Conference Call Participant Password: Noah Holdings Limited A telephone replay will be available starting one hour after the end of the conference call until August 31, 2020 at +1-877-344-7529 (US Toll Free) or +1-412-317-0088 (International Toll). The replay access code is 10146791. A live and archived webcast of the conference call will be available at Noah's investor relations website under the News & Events section at ir.noahgroup.com. DISCUSSION OF NON-GAAP MEASURES In addition to disclosing financial results prepared in accordance with U.S. GAAP, the Company's earnings release contains non-GAAP financial measures excluding the effects of all forms of share-based compensation, fair value changes of equity investments (unrealized), adjustment for sale of equity securities and net of tax impact, if any. See "Reconciliation of GAAP to Non-GAAP Results" at the end of this press release. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for financial measures prepared in accordance with U.S. GAAP. The financial results reported in accordance with U.S. GAAP and reconciliation of GAAP to non-GAAP results should be carefully evaluated. The non-GAAP financial measures used by the Company may be prepared differently from and, therefore, may not be comparable to similarly titled measures used by other companies. When evaluating the Company's operating performance in the periods presented, management reviewed the foregoing non-GAAP net income attributable to Noah shareholders and per diluted ADS and non-GAAP net margin attributable to Noah shareholders to supplement U.S. GAAP financial data. As such, the Company's management believes that the presentation of the non-GAAP financial measures provides important supplemental information to investors regarding financial and business trends relating to its results of operations in a manner consistent with that used by management. ABOUT NOAH HOLDINGS LIMITED Noah Holdings Limited (NYSE: NOAH) is a leading wealth and asset management service provider in China with a focus on high net worth individuals. In the first half of 2020, Noah distributed RMB44.6 billion (US$6.3 billion) of financial products. Through Gopher Asset Management, Noah had assets under management of RMB159.4 billion (US$22.6 billion) asof June 30, 2020. Noah's wealth management business primarily distributes private equity, public securities, credit and insurance products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,196 relationship managers across 264 service centers in 78 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong, Taiwan, United States, Canada, Australia and Singapore. The Company's wealth management business had 332,157 registered clients as of June 30, 2020. As a leading alternative multi-asset manager in China, Gopher Asset Management manages private equity, real estate, public securities,credit and multi-strategyinvestments denominated in Renminbi and other currencies.The Company also provides lending services and other businesses. For more information, please visit Noah at ir.noahgroup.com. FOREIGN CURRENCY TRANSLATION In this announcement, the unaudited financial results for the second quarter of 2020 ended June 30, 2020 are stated in RMB. This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB7.0651 to US$1.00, the effective noon buying rate for June 30, 2020 as set forth in the H.10 statistical release of the Federal Reserve Board. SAFE HARBOR STATEMENT This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the outlook for 2020 and quotations from management in this announcement, as well as Noah's strategic and operational plans, contain forward-looking statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause Noah's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 20-F. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law. -- FINANCIAL AND OPERATIONAL TABLES FOLLOW -- Noah Holdings Limited Condensed Consolidated Balance Sheets (unaudited) As of March 31, June 30, June 30, 2020 2020 2020 RMB'000 RMB'000 USD'000 Assets Current assets: Cash and cash equivalents 4,045,796 4,170,704 590,325 Restricted cash 6,583 4,098 580 Short-term investments 97,863 61,151 8,655 Accounts receivable, net 297,493 334,411 47,333 Loans receivable, net 620,905 619,811 87,729 Amounts due from related parties 757,278 766,189 108,447 Other current assets 196,857 199,908 28,295 Total current assets 6,022,775 6,156,272 871,364 Long-term investments, net 837,449 836,442 118,391 Investment in affiliates 1,325,649 1,291,255 182,765 Property and equipment, net 271,574 262,648 37,175 Operating lease right-of-use assets, net 337,405 343,925 48,679 Deferred tax assets 167,254 164,749 23,319 Other non-current assets 126,369 148,590 21,029 Total Assets 9,088,475 9,203,881 1,302,722 Liabilities and Equity Current liabilities: Accrued payroll and welfare expenses 644,420 461,530 65,325 Income tax payable 101,630 77,381 10,953 Deferred revenues 141,228 163,608 23,157 Other current liabilities 369,847 351,690 49,778 Total current liabilities 1,257,125 1,054,209 149,213 Operating lease liabilities, non-current 344,078 346,241 49,007 Deferred tax liabilities 56,804 56,480 7,994 Other non-current liabilities 2,787 3,526 499 Total Liabilities 1,660,794 1,460,456 206,713 Equity 7,427,681 7,743,425 1,096,009 Total Liabilities and Equity 9,088,475 9,203,881 1,302,722 Noah Holdings Limited Condensed Consolidated Income Statements (In RMB'000, except for USD data, per ADS data and percentages) (unaudited) Three months ended June 30, June 30, June 30, Change 2019 2020 2020 Revenues: RMB'000 RMB'000 USD'000 Revenues from others: One-time commissions 193,937 117,085 16,572 (39.6%) Recurring service fees 131,164 152,253 21,550 16.10% Performance-based income 2,051 57,206 8,097 2689.20% Other service fees 139,940 56,197 7,954 (59.8%) Total revenues from others 467,092 382,741 54,173 (18.1%) Revenues from funds Gophermanages: One-time commissions 101,104 10,431 1,476 (89.7%) Recurring service fees 303,578 324,174 45,884 6.80% Performance-based income 5,610 33,766 4,779 501.90% Total revenues from funds Gopher manages 410,292 368,371 52,139 (10.2%) Total revenues 877,384 751,112 106,312 (14.4%) Less: VAT related surcharges (5,786) (3,674) (520) (36.5%) Net revenues 871,598 747,438 105,792 (14.2%) Operating costs and expenses: Compensation and benefits Relationship managers (175,898) (113,044) (16,000) (35.7%) Others (261,604) (217,805) (30,828) (16.7%) Total compensation and benefits (437,502) (330,849) (46,828) (24.4%) Selling expenses (79,557) (62,622) (8,864) (21.3%) General and administrative expenses (47,742) (68,502) (9,696) 43.5% Provision for credit losses (36,461) (1,897) (269) (94.8%) Other operating expenses (51,063) (20,715) (2,932) (59.4%) Government grants 32,587 56,651 8,018 73.8% Total operating costs and expenses (619,738) (427,934) (60,571) (30.9%) Income from operations 251,860 319,504 45,221 26.9% Other income: Interest income 29,225 10,530 1,490 (64.0%) Investment income 11,847 4,711 667 (60.2%) Other income 310 4,298 608 1286.5% Total other income 41,382 19,539 2,765 (52.8%) Income before taxes and income from equity in affiliates 293,242 339,043 47,986 15.6% Income tax expense (67,622) (77,810) (11,013) 15.1% Income from equity in affiliates 28,829 40,693 5,760 41.2% Net income 254,449 301,926 42,733 18.7% Less: net income attributable to non- controlling interests 4,266 2,285 323 (46.4%) Net income attributable to Noah shareholders 250,183 299,641 42,410 19.8% Income per ADS, basic 4.09 4.86 0.69 18.8% Income per ADS, diluted 4.04 4.84 0.69 19.8% Margin analysis: Operating margin 28.9% 42.7% 42.7% Net margin 29.2% 40.4% 40.4% Weighted average ADS equivalent[1]: Basic 61,211,098 61,661,522 61,661,522 Diluted 61,966,245 61,921,913 61,921,913 ADS equivalent outstanding at end of period 61,259,417 61,698,055 61,698,055 [1] Assumes all outstanding ordinary shares are represented by ADSs. Each ordinary share represents two ADSs. Noah Holdings Limited Condensed Consolidated Income Statements (In RMB'000, except for USD data, per ADS data and percentages) (unaudited) Six months ended June 30, June 30, June 30, Change 2019 2020 2020 Revenues: RMB'000 RMB'000 USD'000 Revenues from others: One-time commissions 410,580 324,270 45,897 (21.0%) Recurring service fees 263,640 300,710 42,563 14.1% Performance-based income 3,145 71,824 10,166 2,183.8% Other service fees 285,317 122,805 17,382 (57.0%) Total revenues from others 962,682 819,609 116,008 (14.9%) Revenues from funds Gopher manages: One-time commissions 209,012 15,180 2,149 (92.7%) Recurring service fees 591,734 627,624 88,834 6.1% Performance-based income 9,368 38,941 5,512 315.7% Total revenues from funds Gopher manages 810,114 681,745 96,495 (15.8%) Total revenues 1,772,796 1,501,354 212,503 (15.3%) Less: VAT related surcharges (11,314) (7,799) (1,104) (31.1%) Net revenues 1,761,482 1,493,555 211,399 (15.2%) Operating costs and expenses: Compensation and benefits Relationship managers (343,166) (283,096) (40,070) (17.5%) Others (498,641) (412,592) (58,399) (17.3%) Total compensation and benefits (841,807) (695,688) (98,469) (17.4%) Selling expenses (170,013) (107,162) (15,168) (37.0%) General and administrative expenses (106,743) (132,187) (18,710) 23.8% Provision for credit losses (36,010) (4,706) (666) (86.9%) Other operating expenses (101,891) (53,332) (7,549) (47.7%) Government grants 49,367 75,286 10,656 52.5% Total operating costs and expenses (1,207,097) (917,789) (129,906) (24.0%) Income from operations 554,385 575,766 81,493 3.9% Other income: Interest income 52,348 32,700 4,628 (37.5%) Interest expenses (430) - - N.A. Investment income 37,510 22,277 3,153 (40.6%) Other expense(income) (1,618) 5,156 730 N.A. Total other income 87,810 60,133 8,511 (31.5%) Income before taxes and income from equity in affiliates 642,195 635,899 90,004 (1.0%) Income tax expense (147,114) (146,086) (20,677) (0.7%) Income from equity in affiliates 46,952 55,769 7,894 18.8% Net income 542,033 545,582 77,221 0.7% Less: net income attributable to non-controlling interests 7,273 2,916 413 (59.9%) Net income attributable to Noah shareholders 534,760 542,666 76,808 1.5% Income per ADS, basic 8.78 8.80 1.25 0.2% Income per ADS, diluted 8.65 8.76 1.24 1.3% Margin analysis: Operating margin 31.5% 38.6% 38.6% Net margin 30.8% 36.5% 36.5% Weighted average ADS equivalent[1]: Basic 60,892,670 61,640,688 61,640,688 Diluted 61,933,765 61,949,755 61,949,755 ADS equivalent outstanding at end of period 61,259,417 61,698,055 61,698,055 [1] Assumes all outstanding ordinary shares are represented by ADSs. Each ordinary share represents two ADSs. Noah Holdings Limited Condensed Comprehensive Income Statements (unaudited) Three months ended June 30, June 30, June 30, Change 2019 2020 2020 RMB'000 RMB'000 USD'000 Net income 254,449 301,926 42,733 18.7% Other comprehensive income, net of tax: Foreign currency translation adjustments 54,495 (7,160) (1,013) N.A. Fair value fluctuation of available for sale Investment (after tax) 2,339 110 (66.9%) 775 Comprehensive income 311,283 295,541 41,830 (5.1%) Less: Comprehensive income attributableto non-controlling interests 4,199 2,326 329 (44.6%) Comprehensive income attributable to Noahshareholders 307,084 293,215 41,501 (4.5%) Noah Holdings Limited Condensed Comprehensive Income Statements (unaudited) Six months ended June 30, June 30, June 30, Change 2019 2020 2020 RMB'000 RMB'000 USD'000 Net income 542,033 545,582 77,221 0.7% Other comprehensive income, net of tax: Foreign currency translation adjustments 23,637 30,159 4,269 27.6% Fair value fluctuation of available for sale Investment (after tax) 2,387 771 109 (67.7%) Comprehensive income 568,057 576,512 81,599 1.5% Less: Comprehensive income attributableto non-controlling interests 7,416 2,952 418 (60.2%) Comprehensive income attributable to Noahshareholders 560,641 573,560 81,181 2.3% Noah Holdings Limited Supplemental Information (unaudited) As of June 30, June 30, Change 2019 2020 Number of registered clients 283,655 332,157 17.1% Number of relationship managers 1,428 1,196 (16.2%) Number of cities in mainland China under coverage 83 78 (6.0%) Three months ended June 30, June 30, Change 2019 2020 (in millions of RMB, except number of active clients and percentages) Number of active clients[4] 5,882 3,367 (42.8%) Number of active clients including mutual fund clients 9,888 14,703 48.7% Transaction value: Credit products 9,750 232 (97.6%) Private equity products 7,658 2,551 (66.7%) Public securities products 6,021 17,971 198.5% Other products 934 689 (26.2%) Total transaction value 24,363 21,443 (12.0%) [4] "Active clients" for a given period refers to registered high net worth clients who purchase financial products distributed or provided by Noah during that given period, excluding clients who transacted on our online mutual fund platform. Noah Holdings Limited Segment Condensed Income Statements (unaudited) Three months ended June 30, 2020 WealthManagementBusiness AssetManagementBusiness Lending and OtherBusinesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Revenues from others One-time commissions 116,719 366 - 117,085 Recurring service fees 151,607 646 - 152,253 Performance-based income 57,206 - - 57,206 Other service fees 32,163 627 23,407 56,197 Total revenues from others 357,695 1,639 23,407 382,741 Revenues from funds Gopher manages One-time commissions 9,860 571 - 10,431 Recurring service fees 160,202 163,972 - 324,174 Performance-based income 17,613 16,153 - 33,766 Total revenues from funds Gopher manages 187,675 180,696 - 368,371 Total revenues 545,370 182,335 23,407 751,112 Less: VAT related surcharges (2,560) (693) (421) (3,674) Net revenues 542,810 181,642 22,986 747,438 Operating costs and expenses: Compensation and benefits Relationship managers (113,044) - - (113,044) Others (129,238) (70,395) (18,172) (217,805) Total compensation and benefits (242,282) (70,395) (18,172) (330,849) Selling expenses (49,302) (8,407) (4,913) (62,622) General and administrative expenses (51,735) (12,994) (3,773) (68,502) Provision for credit losses - - (1,897) (1,897) Other operating expenses (17,796) (1,614) (1,305) (20,715) Government grants 14,868 12,549 29,234 56,651 Total operating costs and expenses (346,247) (80,861) (826) (427,934) Income from operations 196,563 100,781 22,160 319,504 Noah Holdings Limited Segment Condensed Income Statements (unaudited) Three months ended June 30, 2019 Wealth Management Business Asset Management Business Lending and Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Revenues from others One-time commissions 193,567 370 - 193,937 Recurring service fees 129,698 1,466 - 131,164 Performance-based income 1,984 67 - 2,051 Other service fees 62,032 1,193 76,715 139,940 Total revenues from others 387,281 3,096 76,715 467,092 Revenues from funds Gopher manages One-time commissions 101,104 - - 101,104 Recurring service fees 140,316 163,262 - 303,578 Performance-based income - 5,610 - 5,610 Total revenues from funds Gopher manages 241,420 168,872 - 410,292 Total revenues 628,701 171,968 76,715 877,384 Less: VAT related surcharges (3,070) (877) (1,839) (5,786) Net revenues 625,631 171,091 74,876 871,598 Operating costs and expenses: Compensation and benefits Relationship managers (175,851) - (47) (175,898) Others (162,491) (72,697) (26,416) (261,604) Total compensation and benefits (338,342) (72,697) (26,463) (437,502) Selling expenses (70,838) (4,344) (4,375) (79,557) General and administrative expenses (31,834) (11,143) (4,765) (47,742) Provision for credit losses (31,402) (2,635) (2,424) (36,461) Other operating expenses (32,179) (2,575) (16,309) (51,063) Government grants 8,821 9,144 14,622 32,587 Total operating costs and expenses (495,774) (84,250) (39,714) (619,738) Income from operations 129,857 86,841 35,162 251,860 Noah Holdings Limited Supplement Revenue Information by Geography (unaudited) Three months ended June 30, 2020 WealthManagementBusiness AssetManagementBusiness Lendingand Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Mainland China 392,284 150,489 23,407 566,180 Hong Kong 121,176 28,052 - 149,228 Others 31,910 3,794 - 35,704 Total revenues 545,370 182,335 23,407 751,112 Three months ended June 30, 2019 WealthManagementBusiness AssetManagementBusiness Lendingand Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Mainland China 420,540 145,992 76,715 643,247 Hong Kong 178,002 23,705 - 201,707 Others 30,159 2,271 - 32,430 Total revenues 628,701 171,968 76,715 877,384 Noah Holdings Limited Reconciliation of GAAP to Non-GAAP Results (In RMB, except for per ADS data and percentages) (unaudited)[5] Three months ended June 30, June 30, Change 2019 2020 RMB'000 RMB'000 Net income attributable to Noah shareholders 250,183 299,641 19.8% Adjustment for share-based compensation 22,994 18,106 (21.3%) Less: gains from fair value changes of equity securities (unrealized) 10,775 2,316 (78.5%) Add: gains from sales of equity securities (realized) 4,951 - N.A. Less: tax effect of adjustments 3,977 8,200 106.2% Adjusted net income attributable to Noah shareholders(non-GAAP) 263,376 307,231 16.7% Net marginattributable to Noah shareholders 28.7% 40.1% Non-GAAP net margin attributable to Noah shareholders 30.2% 41.1% Net income attributable to Noah shareholders per ADS, diluted 4.04 4.84 19.8% Non-GAAP net income attributable to Noah shareholders per ADS, diluted 4.25 4.96 16.7% [5] Noah's Non-GAAP financial measures are its corresponding GAAP financial measures excluding the effects of all forms of share-based compensation, fair value changes of equity securities (unrealized), adjustment for sale of equity securities and net of tax impact, if any. Noah Holdings Limited Reconciliation of GAAP to Non-GAAP Results (In RMB, except for per ADS data and percentages) (unaudited) Six months ended June 30, June 30, Change 2019 2020 RMB'000 RMB'000 Net income attributable to Noah shareholders 534,760 542,666 1.5% Adjustment for share-based compensation 52,610 36,397 (30.8%) Less: gains from fair value changes of equity securities (unrealized) 19,517 8,399 (57.0%) Add: gains from sales of equity securities (realized) 9,836 - N.A. Less: tax effect of adjustments 9,691 7,548 (22.1%) Adjusted net income attributable to Noah shareholders (non-GAAP) 567,998 563,116 (0.9%) Net marginattributable to Noah shareholders 30.4% 36.3% Non-GAAP net margin attributable to Noah shareholders 32.2% 37.7% Net income attributable to Noah shareholders per ADS, diluted 8.65 8.76 1.3% Non-GAAP net income attributable to Noah shareholders per ADS, diluted 9.18 9.09 (1.0%) SOURCE Noah Holdings Limited Related Links www.noahwm.com |
edtsum214 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK--(BUSINESS WIRE)--Taste of Iceland, an annual festival that celebrates Icelands vibrant culture, announced today, for the first time ever, that it is going virtual from November 18 - 22. In the wake of the ongoing pandemic, the festival will be held entirely online to safely bring people across North America together to enjoy all that Iceland has to offer. Presented by Iceland Naturally, the five-day festival will highlight the very best of Icelands unique culture, including cuisine, music, literature, film, and more through a variety of free livestreamed events. Participants can bring Iceland into their homes throughout the festival by entering to win prizes from top Icelandic brands, learning new Icelandic cooking and cocktail recipes, and streaming Icelandic music! Taste of Iceland in North America will be streamed from several cities around the world, including: Seattle, Chicago, Boston, Ottawa, Winnipeg, and Reykjavik. A first-of-its-kind variety show will stream directly from Seattle to showcase an array of Icelandic culture on Saturday, November 21. Produced by KEXP, Reykjavk Calling will be a celebration of Icelandic music and culture, featuring performances from Icelandic and US-based musical groups, cooking demonstrations and more. Throughout the festival, virtual attendees can enter to win prizes such as a grand prize trip to Iceland, Blue Lagoon skin care, Icelandic Provisions skyr and more! Participants can enter the first-ever Wheel of Prizes, presented by Icelandair through this form and winners will be selected live on Saturday, November 21 during the Reykjavk Calling Variety Show with KEXP. Schedule of Events November 18-22 |12:00pm - 4:00pm ET | Woman at War Screening | Free November 18-21 | 1:00pm ET | Western Icelander Series | Free November 18 | 5:00pm ET | Boston Cooking Demonstration + Cocktail Takeout | Free + Cocktails for Purchase November 18 | 8:00pm ET | The Inspiration for the Retreats Experience and Interior Design | Free November 19 | 5:00pm ET | Cooking Class with Icelandic Brand Seafood | Free November 19 | 9:00pm ET | Literature and Music Discussion | Free November 20 | 5:00pm ET | Chicago Cooking Demonstration | Free November 20 | 8:00pm ET | Cocktail Class with Reyka Vodka | Free November 21 | 5:00pm ET | Reykjavk Calling Variety Show with KEXP | Free November 21 | 8:00pm ET | Live from Reykjavk with Mammt | Free November 22 | 4:00pm ET | Woman at War Director Q&A | Free Event Details November 18-22 Woman At War Screening | Free Tickets The acclaimed Icelandic film Woman at War will be available online to enjoy from the comfort of your home from 12:00pm ET on November 18 through 4:00pm ET on November 22. Viewers can watch the film by clicking here to register for their free ticket by November 18 at 12:00pm ET. Tickets will be sent via email and will be valid for the entire weekend. And be sure to tune into a Q+A discussion with Woman at War director Benedikt Erlingsson on Sunday, November 22 at 4:00pm ET. November 18-21 Western Icelanders Series | Free Facebook Tune in to the four-part series on Icelandic history and culture, Western Icelanders. Each day at 1:00pm ET from Wednesday, November 18 through Saturday, November 21, viewers will enjoy a new episode on Iceland Naturallys Facebook page that explores influential Icelanders throughout history. November 18 Boston Cooking Demonstration and Cocktail Takeout 5:00pm ET | Create Gallery and Cocktail Lounge | 1 Bow Market Way, Somerville, MA 02143 | Facebook Calling all foodies and chefs - join Chef Louis DiBiccari of Create Gallery and Cocktail Lounge in Boston as he presents a cooking demonstration of an Icelandic-inspired dish! For those in the Boston area, visit Create Gallery and Cocktail Lounge from November 18-22 to grab cocktails to-go and bring a taste of Iceland to your own kitchen. The Inspiration for the Retreats Experience and Interior Design | Free 8:00pm ET | Facebook Participate in an online discussion with Sigurdur Thorsteinsson, Blue Lagoons Chief Brand Officer since 1997, to learn more about the wellness-driven and human-centered approach that inspired the design of the Retreat at Blue Lagoon Iceland. November 19 Cooking Class with Icelandic Brand Seafood | Free 5:00pm ET | Facebook Tune in for a livestreamed cooking class to learn how to make two unique Icelandic Brand seafood dishes - Smoked Salmon Blintz and Miso Marinated Icelandic Cod Loin. With over two decades of experience in the food industry and a vast array of experience working in restaurants, hotels, bakeries, entrepreneurial ventures and all things culinary, Chef Graham of High Liner Foods seeks to share his true passion of cooking and seafood with all of you. Icelandic Brand seafood is available exclusively through High Liner Foods. Literature and Music Discussion: On Time and Water | Free 9:00pm ET | Facebook In partnership with the National Nordic Museum in Seattle, participate in a one-of-a-kind performance from author Andri Snr Magnason and singer-songwriter Hgni as they combine forces in a special presentation featuring storytelling, images, old films, and science. Following the presentation, stick around for a live Q+A moderated by Dominic Boyer and Cymene Howe. November 20 Chicago Cooking Demonstration | Free 5:00pm ET | Facebook Join us live from Chicago as James Beard Award Finalist, Chef Paul Virant of Gaijin, Vie, and Vistro restaurants demonstrates a seasonal dish inspired by Icelandic cuisine. Cocktail Class with Reyka Vodka | Free 8:00pm ET | Facebook Join renowned Reyka Vodka mixologist Trevor Schneider for a special Facebook Live class to learn about the flavors that make a cocktail uniquely Icelandic, and make an Icelandic Espresso Martini, a Reyka 5:1 Martini, and an Icelandic Mule. This is a 21+ event. November 21 KEXP Presents Reykjavk Calling | Free 5:00 - 6:30pm ET | KEXP YouTube KEXP is proud to present the return of Reykjavik Calling, a celebration of Icelandic music and culture. During the 90-minute show hosted by KEXPs Kevin Cole and Icelandic writer and speaker Bergur Ebbi, tune in for a live concert with performances by Icelandic artists Kristn Anna and Supersport! and Seattle artist Tomo Nakayama. Viewers will also enjoy a presentation of Icelands unique cuisine from Chef rinn of Smac restaurant. The show will also feature Icelandairs Wheel of Prizes, which will have three first prize winners and one grand prize winner selected live. The grand prize will be a trip to Iceland! Visit kexp.org/events for more info. Live from Reykjavk with Mammt | Free 8:00pm ET | Facebook Presented by Iceland Airwaves, tune in at 8:00pm ET on November 21 for a special rebroadcast of Icelandic rock band Mammts concert from Live from Reykjavk 2020! November 22 Q+A with discussion with Woman at War director Benedikt Erlingsson | Free 4:00pm ET | Facebook After viewers stream Woman at War, participate in a live Q+A session moderated by Tomris Laffly with the acclaimed film director Benedikt Erlingsson. RSVP to the virtual events on Facebook and be sure to share your experience with us on Instagram and Twitter by tagging @IcelandNatural with #TasteofIceland. Facebook: Iceland Naturally Twitter: @IcelandNatural Instagram: @IcelandNatural About Taste of Iceland in North America Taste of Iceland in North America is presented by Iceland Naturally in cooperation with, Icelandair, Icelandic Group, Reyka Vodka, City of Reykjavik, Icelandic Glacial Water, Blue Lagoon, Keflavik International Airport (KEF), Landsvirkjun, lgerin Egill Skallagrmsson, Icelandic Lamb, Promote Iceland, Icelandic Provisions, the Government of Iceland, National Nordic Museum, KEXP, Create Gallery and Cocktail Lounge, Gaijin, Vie, and Vistro. About Iceland Naturally Iceland Naturally is a cooperative marketing organization that promotes the services, products and culture of Iceland. Through events, promotions and online marketing initiatives, Iceland Naturally introduces Icelands creativity and natural wonders to North Americans. The group is comprised of Icelands top companies and organizations: Icelandair, Icelandic Group, Reyka Vodka, City of Reykjavik, Icelandic Glacial Water, Blue Lagoon, Keflavik International Airport (KEF), Landsvirkjun, lgerin Egill Skallagrmsson, Icelandic Lamb, Promote Iceland, Icelandic Provisions and the Government of Iceland.
Answer: | Iceland Naturally Presents First-Ever Virtual Taste of Iceland in North America Festival From November 18-22, 2020, the festival will be held online with a 90-minute variety show, concert, cooking class, literature discussion, cocktail class, and more to celebrate the best of Icelandic culture. | NEW YORK--(BUSINESS WIRE)--Taste of Iceland, an annual festival that celebrates Icelands vibrant culture, announced today, for the first time ever, that it is going virtual from November 18 - 22. In the wake of the ongoing pandemic, the festival will be held entirely online to safely bring people across North America together to enjoy all that Iceland has to offer. Presented by Iceland Naturally, the five-day festival will highlight the very best of Icelands unique culture, including cuisine, music, literature, film, and more through a variety of free livestreamed events. Participants can bring Iceland into their homes throughout the festival by entering to win prizes from top Icelandic brands, learning new Icelandic cooking and cocktail recipes, and streaming Icelandic music! Taste of Iceland in North America will be streamed from several cities around the world, including: Seattle, Chicago, Boston, Ottawa, Winnipeg, and Reykjavik. A first-of-its-kind variety show will stream directly from Seattle to showcase an array of Icelandic culture on Saturday, November 21. Produced by KEXP, Reykjavk Calling will be a celebration of Icelandic music and culture, featuring performances from Icelandic and US-based musical groups, cooking demonstrations and more. Throughout the festival, virtual attendees can enter to win prizes such as a grand prize trip to Iceland, Blue Lagoon skin care, Icelandic Provisions skyr and more! Participants can enter the first-ever Wheel of Prizes, presented by Icelandair through this form and winners will be selected live on Saturday, November 21 during the Reykjavk Calling Variety Show with KEXP. Schedule of Events November 18-22 |12:00pm - 4:00pm ET | Woman at War Screening | Free November 18-21 | 1:00pm ET | Western Icelander Series | Free November 18 | 5:00pm ET | Boston Cooking Demonstration + Cocktail Takeout | Free + Cocktails for Purchase November 18 | 8:00pm ET | The Inspiration for the Retreats Experience and Interior Design | Free November 19 | 5:00pm ET | Cooking Class with Icelandic Brand Seafood | Free November 19 | 9:00pm ET | Literature and Music Discussion | Free November 20 | 5:00pm ET | Chicago Cooking Demonstration | Free November 20 | 8:00pm ET | Cocktail Class with Reyka Vodka | Free November 21 | 5:00pm ET | Reykjavk Calling Variety Show with KEXP | Free November 21 | 8:00pm ET | Live from Reykjavk with Mammt | Free November 22 | 4:00pm ET | Woman at War Director Q&A | Free Event Details November 18-22 Woman At War Screening | Free Tickets The acclaimed Icelandic film Woman at War will be available online to enjoy from the comfort of your home from 12:00pm ET on November 18 through 4:00pm ET on November 22. Viewers can watch the film by clicking here to register for their free ticket by November 18 at 12:00pm ET. Tickets will be sent via email and will be valid for the entire weekend. And be sure to tune into a Q+A discussion with Woman at War director Benedikt Erlingsson on Sunday, November 22 at 4:00pm ET. November 18-21 Western Icelanders Series | Free Facebook Tune in to the four-part series on Icelandic history and culture, Western Icelanders. Each day at 1:00pm ET from Wednesday, November 18 through Saturday, November 21, viewers will enjoy a new episode on Iceland Naturallys Facebook page that explores influential Icelanders throughout history. November 18 Boston Cooking Demonstration and Cocktail Takeout 5:00pm ET | Create Gallery and Cocktail Lounge | 1 Bow Market Way, Somerville, MA 02143 | Facebook Calling all foodies and chefs - join Chef Louis DiBiccari of Create Gallery and Cocktail Lounge in Boston as he presents a cooking demonstration of an Icelandic-inspired dish! For those in the Boston area, visit Create Gallery and Cocktail Lounge from November 18-22 to grab cocktails to-go and bring a taste of Iceland to your own kitchen. The Inspiration for the Retreats Experience and Interior Design | Free 8:00pm ET | Facebook Participate in an online discussion with Sigurdur Thorsteinsson, Blue Lagoons Chief Brand Officer since 1997, to learn more about the wellness-driven and human-centered approach that inspired the design of the Retreat at Blue Lagoon Iceland. November 19 Cooking Class with Icelandic Brand Seafood | Free 5:00pm ET | Facebook Tune in for a livestreamed cooking class to learn how to make two unique Icelandic Brand seafood dishes - Smoked Salmon Blintz and Miso Marinated Icelandic Cod Loin. With over two decades of experience in the food industry and a vast array of experience working in restaurants, hotels, bakeries, entrepreneurial ventures and all things culinary, Chef Graham of High Liner Foods seeks to share his true passion of cooking and seafood with all of you. Icelandic Brand seafood is available exclusively through High Liner Foods. Literature and Music Discussion: On Time and Water | Free 9:00pm ET | Facebook In partnership with the National Nordic Museum in Seattle, participate in a one-of-a-kind performance from author Andri Snr Magnason and singer-songwriter Hgni as they combine forces in a special presentation featuring storytelling, images, old films, and science. Following the presentation, stick around for a live Q+A moderated by Dominic Boyer and Cymene Howe. November 20 Chicago Cooking Demonstration | Free 5:00pm ET | Facebook Join us live from Chicago as James Beard Award Finalist, Chef Paul Virant of Gaijin, Vie, and Vistro restaurants demonstrates a seasonal dish inspired by Icelandic cuisine. Cocktail Class with Reyka Vodka | Free 8:00pm ET | Facebook Join renowned Reyka Vodka mixologist Trevor Schneider for a special Facebook Live class to learn about the flavors that make a cocktail uniquely Icelandic, and make an Icelandic Espresso Martini, a Reyka 5:1 Martini, and an Icelandic Mule. This is a 21+ event. November 21 KEXP Presents Reykjavk Calling | Free 5:00 - 6:30pm ET | KEXP YouTube KEXP is proud to present the return of Reykjavik Calling, a celebration of Icelandic music and culture. During the 90-minute show hosted by KEXPs Kevin Cole and Icelandic writer and speaker Bergur Ebbi, tune in for a live concert with performances by Icelandic artists Kristn Anna and Supersport! and Seattle artist Tomo Nakayama. Viewers will also enjoy a presentation of Icelands unique cuisine from Chef rinn of Smac restaurant. The show will also feature Icelandairs Wheel of Prizes, which will have three first prize winners and one grand prize winner selected live. The grand prize will be a trip to Iceland! Visit kexp.org/events for more info. Live from Reykjavk with Mammt | Free 8:00pm ET | Facebook Presented by Iceland Airwaves, tune in at 8:00pm ET on November 21 for a special rebroadcast of Icelandic rock band Mammts concert from Live from Reykjavk 2020! November 22 Q+A with discussion with Woman at War director Benedikt Erlingsson | Free 4:00pm ET | Facebook After viewers stream Woman at War, participate in a live Q+A session moderated by Tomris Laffly with the acclaimed film director Benedikt Erlingsson. RSVP to the virtual events on Facebook and be sure to share your experience with us on Instagram and Twitter by tagging @IcelandNatural with #TasteofIceland. Facebook: Iceland Naturally Twitter: @IcelandNatural Instagram: @IcelandNatural About Taste of Iceland in North America Taste of Iceland in North America is presented by Iceland Naturally in cooperation with, Icelandair, Icelandic Group, Reyka Vodka, City of Reykjavik, Icelandic Glacial Water, Blue Lagoon, Keflavik International Airport (KEF), Landsvirkjun, lgerin Egill Skallagrmsson, Icelandic Lamb, Promote Iceland, Icelandic Provisions, the Government of Iceland, National Nordic Museum, KEXP, Create Gallery and Cocktail Lounge, Gaijin, Vie, and Vistro. About Iceland Naturally Iceland Naturally is a cooperative marketing organization that promotes the services, products and culture of Iceland. Through events, promotions and online marketing initiatives, Iceland Naturally introduces Icelands creativity and natural wonders to North Americans. The group is comprised of Icelands top companies and organizations: Icelandair, Icelandic Group, Reyka Vodka, City of Reykjavik, Icelandic Glacial Water, Blue Lagoon, Keflavik International Airport (KEF), Landsvirkjun, lgerin Egill Skallagrmsson, Icelandic Lamb, Promote Iceland, Icelandic Provisions and the Government of Iceland. |
edtsum215 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MOUNTAIN VIEW, Calif., Jan. 4, 2021 /PRNewswire/ --Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced the Company will participate virtually in fireside chats at the following conferences: 23rd Annual Needham Virtual Growth ConferenceDate: Monday, January 11, 2021Time: 9:30 - 10:10 AM PTPure Presenters: Kevan Krysler, CFO and Rob Lee, VP and Chief Architect Goldman Sachs 2021 Virtual Tech and Internet ConferenceDate: Tuesday, January 12, 2021Time: 1:30 - 2:10 PM PTPure Presenters: Charles Giancarlo, Chairman and CEO and Kevan Krysler, CFO The presentations from the virtual events will be webcast live and all information will be available on the investor relations website at investor.purestorage.com. About Pure StoragePure Storage (NYSE: PSTG) gives technologists their time back. Pure delivers a modern data experience that empowers organizations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds. One of the fastest-growing enterprise IT companies in history, Pure helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are among the happiest in the world. Analyst RecognitionPure Storage has been named a Leader in the 2020 Gartner Magic Quadrant for Primary Storage. SOURCE Pure Storage Related Links http://www.purestorage.com/
Answer: | Pure Storage to Participate in Upcoming Virtual Investor Technology Events | MOUNTAIN VIEW, Calif., Jan. 4, 2021 /PRNewswire/ --Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced the Company will participate virtually in fireside chats at the following conferences: 23rd Annual Needham Virtual Growth ConferenceDate: Monday, January 11, 2021Time: 9:30 - 10:10 AM PTPure Presenters: Kevan Krysler, CFO and Rob Lee, VP and Chief Architect Goldman Sachs 2021 Virtual Tech and Internet ConferenceDate: Tuesday, January 12, 2021Time: 1:30 - 2:10 PM PTPure Presenters: Charles Giancarlo, Chairman and CEO and Kevan Krysler, CFO The presentations from the virtual events will be webcast live and all information will be available on the investor relations website at investor.purestorage.com. About Pure StoragePure Storage (NYSE: PSTG) gives technologists their time back. Pure delivers a modern data experience that empowers organizations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds. One of the fastest-growing enterprise IT companies in history, Pure helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are among the happiest in the world. Analyst RecognitionPure Storage has been named a Leader in the 2020 Gartner Magic Quadrant for Primary Storage. SOURCE Pure Storage Related Links http://www.purestorage.com/ |
edtsum216 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SEATTLE, March 11, 2021 /PRNewswire/ -- CareListings, the nation's most comprehensive resource for families and caregiver job seekers exploring senior living and home care optionsonline, has launched a newportal which provides detailed nursing home and salary informationfor every city, state, and facility in the United States. The salary information is based upon nearly 12billion hours of employment data systematically assembled from tens of millions of data points from annual nursing home filings withthe Centers for Medicare & Medicaid for fiscal years ending in 2013-2019. It builds upon the capabilities of the platform to connect families and caregiver job seekersto over 140,000 senior care providers in the United States. "Twenty-four hours per day, sevendays per week,pandemic or not, nurses are caring for over one million people at nursing homesevery day.It is aprivilege to help connect so many caregivers and nurses with great employment opportunities, but it is abundantlyclear that nursing homes and other senior careemployers needmore help in providinglivable wages to the direct care worker heroes," says the founder and CEO of CareListings, Carl Rogers. CareListings now contains salary information forCertified Nursing Assistants (CNA),Licensed Practical Nurses (LPN), andRegistered Nurses (RN)across all U.S. states and major cities from 2013 to 2019based on 11,954,263,238hours of wage data reported by Medicare and Medicaid certified nursing homes. With a single click, anyone can see the average level of salaries being paid to caregivers and compare city-level data to state-level data. About CareListingsCareListings is the nation's most comprehensive resource for families and healthcare professionals exploring senior care options online, with direct contact information for over 140,000 long-term care providers for free - including assisted living homes, home care & home health agencies, skilled nursing facilities, dialysis facilities, and other types of senior care providers. Employers hiring nurses and caregivershave the ability toupdate the listing information for theirbusiness, post free job listings, and browse nearby caregiver job seekers at no cost. CareListings' Premium Listings are subscription-based and allow providers to reach even more families and source more candidates directly, without referral or placement fees. Caregivers and nurses exploring nearby job opportunities in senior carecan create a centralized profile on the platform and notify hiring managers of their interest in available positions. CareListings is based in the Ballard neighborhood of Seattle, Washington, and serves families, caregiver job seekers, and senior care employers across the United States. Learn more atcarelistings.com. Media Contacts:Carl Rogers, Email:[emailprotected]Courtney Clayton, Email:[emailprotected] Related Imagescarelistings.png CareListings Nursing Homes, CNA, LPN/LVN, RN Salaries and Jobs on CareListings Related LinksNursing Homes CNA, LPN/LVN, RN Salaries SOURCE CareListings Related Links http://carelistings.com
Answer: | CNA, LPN, and RN Salary History Available for 15,000+ Nursing Homes on CareListings Seattle startup launches tool analyzing 12 billion hours for CNA, LPN/LVN and RN employees at skilled nursing facilities for every city, state and facility in the U.S. | SEATTLE, March 11, 2021 /PRNewswire/ -- CareListings, the nation's most comprehensive resource for families and caregiver job seekers exploring senior living and home care optionsonline, has launched a newportal which provides detailed nursing home and salary informationfor every city, state, and facility in the United States. The salary information is based upon nearly 12billion hours of employment data systematically assembled from tens of millions of data points from annual nursing home filings withthe Centers for Medicare & Medicaid for fiscal years ending in 2013-2019. It builds upon the capabilities of the platform to connect families and caregiver job seekersto over 140,000 senior care providers in the United States. "Twenty-four hours per day, sevendays per week,pandemic or not, nurses are caring for over one million people at nursing homesevery day.It is aprivilege to help connect so many caregivers and nurses with great employment opportunities, but it is abundantlyclear that nursing homes and other senior careemployers needmore help in providinglivable wages to the direct care worker heroes," says the founder and CEO of CareListings, Carl Rogers. CareListings now contains salary information forCertified Nursing Assistants (CNA),Licensed Practical Nurses (LPN), andRegistered Nurses (RN)across all U.S. states and major cities from 2013 to 2019based on 11,954,263,238hours of wage data reported by Medicare and Medicaid certified nursing homes. With a single click, anyone can see the average level of salaries being paid to caregivers and compare city-level data to state-level data. About CareListingsCareListings is the nation's most comprehensive resource for families and healthcare professionals exploring senior care options online, with direct contact information for over 140,000 long-term care providers for free - including assisted living homes, home care & home health agencies, skilled nursing facilities, dialysis facilities, and other types of senior care providers. Employers hiring nurses and caregivershave the ability toupdate the listing information for theirbusiness, post free job listings, and browse nearby caregiver job seekers at no cost. CareListings' Premium Listings are subscription-based and allow providers to reach even more families and source more candidates directly, without referral or placement fees. Caregivers and nurses exploring nearby job opportunities in senior carecan create a centralized profile on the platform and notify hiring managers of their interest in available positions. CareListings is based in the Ballard neighborhood of Seattle, Washington, and serves families, caregiver job seekers, and senior care employers across the United States. Learn more atcarelistings.com. Media Contacts:Carl Rogers, Email:[emailprotected]Courtney Clayton, Email:[emailprotected] Related Imagescarelistings.png CareListings Nursing Homes, CNA, LPN/LVN, RN Salaries and Jobs on CareListings Related LinksNursing Homes CNA, LPN/LVN, RN Salaries SOURCE CareListings Related Links http://carelistings.com |
edtsum217 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ATLANTA, Feb. 25, 2021 /PRNewswire/ --XSET, the revolutionary gaming organization, and QC Holdings, the home of Quality Control Music, the legendary hip-hop record label, Quality Films, and QC Sports, today announced a significant and wide-ranging strategic partnership, including Quality Control's investment in XSET. Introducing XSET Astonish! Quality Control Records One of the world's most successful hip-hop record labels and the gaming organization forge wide-ranging collaboration. Tweet this QC and XSET are known for bringing fresh, creative approaches to their businesses, and now these two industry pioneers bring their shared unique vision together to usher in a new cultural space. XSET is built on a commitment to diversity and equity in gaming, which includes elevating representation of communities of color, women, and all gamers who have their own unique style and swagger. QC is equally committed to these values, continually demonstrating the same focus in business, making this alliance a natural fit. In the coming months, Quality Control and XSET will embark on several significant initiatives, including the creation of various forms of content, including long form, short form, and recurring series. In addition, the two companies will work together on high-profile music collaborations, joint recruitment and management of new gaming talent, integration of existing QC talent into the XSET roster, activation of exclusive music, gaming and lifestyle events, exciting merchandise collaborations, music related licensing deals with gaming publishers, and much more. Since it burst onto the music scene in 2013, Atlanta-based Quality Control Music -- better known as QC -- has dominated the hip hop music space, while moving beyond the borders of genre or country into the realm of the global. Founded by industry veterans Kevin "Coach K" Lee and Pierre "Pee" Thomas, QC's unique and proprietary star-making formula has launched the careers of such hip-hop luminaries as Lil Baby, Migos, Lil Yachty, City Girls, and Cardi B, to name but a few. QC now takes their proven expertise to the explosive pop gaming space with this exclusive partnership and investment into XSET, kicking off with the premiere of a short film featuring Atlanta native and pro Fortnite player Ashton "Astonish" Harris, who is joining QC Sports and XSET's roster as a content creator and competitive gamer. "We are beyond hyped to join forces with Quality Control," says XSET CEO and co-founder Greg Selkoe. "QC are visionaries and early identifiers of the hip hop and gaming revolution. We have enormous respect for them and are thrilled to be able to tap into QC's incredible creative abilities and business acumen as we continue to grow together. QC meets their audience in the places where they discover music- and gaming is new music's newest locale. This relationship crystallizes our existing synergies, and synthesizes a brand new creative and artistic medium." "I'm extremely excited to work more closely with my brilliant and longtime friend Kevin Lee," added Clinton Sparks, Chief Business Development Officer and co-founder of XSET. "The brains behind QC and XSET have been responsible for shaping and shifting culture for over 15 years, and have had a significant impact on building successful talent, businesses, brands, and blueprints for others to follow. Joining forces and combining our creativity and innovation creates a dominant force that intersects gaming and music, and continues to raise the bar on everything we do while pushing the culture forward.""We are passionate to help inner city kids to learn about gaming and other options for them in using their time now and careers in the future," says QC founder and CEO Kevin "Coach K" Lee. "It's about aligning the QC brand that we've built in rap with XSET in gaming to create movements for their future in gaming, to go from geeky to cool and open up that industry to black and brown communities."Only six months old, XSET has already established itself as a markedly different kind of gaming organization. The collective continues to grow at a breakneck pace, partnering with high-profile brands such as Ghost Lifestyle, HyperX, SCUF Gaming, Roots Canada and Wahlburgers, and attracting top-tier, world famous talent, including Grammy-nominated hip-hop artist Swae Lee, BMX legend Nigel Sylvester, 14-year-old female Olympic skateboarding phenom Minna Stess, Fortnite pro Thwifo, and pro athletes such as NFL star Kyle Van Noy of the Miami Dolphins. In addition, XSET fields top competitive esports teams, including the world's best CS:GO team, which happens to be all-female. Sitting at the intersection of gaming and culture, XSET's robust merchandise offerings are some of the most sought-after in the industry, featuring high-profile collaborations and exclusive pieces fans can't find anywhere else.About XSETFounded in 2020 by esports executives Greg Selkoe, Marco Mereu, Wil Eddins, and Clinton Sparks, XSET is the revolutionary gaming and lifestyle organization built on foundations of inclusivity and social good. In addition to fielding some of the world's top competitive esports teams, XSET seeks to create a cultural movement around a shared love of gaming. With partners such as Ghost Lifestyle, HyperX, Wahlburgers, and more, XSET is driven by principles of integrity and creativity, defining what it means to be cultural leaders in the space for generations to come. For more XSET.com #repthesetAbout Quality ControlQuality Control Music was founded in 2013 by CEO Pierre "P" Thomas and COO Kevin "Coach K" Lee. Garnering billions of streams yearly from groundbreaking acts like Migos, Lil' Yachty, Lil Baby and City Girls, Quality Control is without a doubt leading the charge as one of the biggest and most influential labels of today. In 2020 QC's Lil Baby released My Turn , the highest selling & streaming album of the year and the first and only album of 2020 to go RIAA certified double-platinum, with his entire catalogue hitting over 20 Billion streams. Acting as managers with their Solid Foundation Management, digital strategists, as well as label execs, Coach and Pee have earned the prestigious titles of 2018's Executives of the Year by Billboard, and Innovators of the Year by Variety. Spearheading their way through the culture in music, film, sports and TV by breaking unknown acts, athletes and talent and taking them all the way to stadiums, QC has undoubtedly become the modern day blueprint for success in the industry.CONTACTFor XSET [emailprotected]For Quality ControlKathryn Frazier[emailprotected] SOURCE XSET Related Links https://xset.com/
Answer: | QC Media Holdings and XSET Announce Groundbreaking Partnership One of the world's most successful hip-hop record labels and the revolutionary gaming and lifestyle organization forge wide-ranging collaboration | ATLANTA, Feb. 25, 2021 /PRNewswire/ --XSET, the revolutionary gaming organization, and QC Holdings, the home of Quality Control Music, the legendary hip-hop record label, Quality Films, and QC Sports, today announced a significant and wide-ranging strategic partnership, including Quality Control's investment in XSET. Introducing XSET Astonish! Quality Control Records One of the world's most successful hip-hop record labels and the gaming organization forge wide-ranging collaboration. Tweet this QC and XSET are known for bringing fresh, creative approaches to their businesses, and now these two industry pioneers bring their shared unique vision together to usher in a new cultural space. XSET is built on a commitment to diversity and equity in gaming, which includes elevating representation of communities of color, women, and all gamers who have their own unique style and swagger. QC is equally committed to these values, continually demonstrating the same focus in business, making this alliance a natural fit. In the coming months, Quality Control and XSET will embark on several significant initiatives, including the creation of various forms of content, including long form, short form, and recurring series. In addition, the two companies will work together on high-profile music collaborations, joint recruitment and management of new gaming talent, integration of existing QC talent into the XSET roster, activation of exclusive music, gaming and lifestyle events, exciting merchandise collaborations, music related licensing deals with gaming publishers, and much more. Since it burst onto the music scene in 2013, Atlanta-based Quality Control Music -- better known as QC -- has dominated the hip hop music space, while moving beyond the borders of genre or country into the realm of the global. Founded by industry veterans Kevin "Coach K" Lee and Pierre "Pee" Thomas, QC's unique and proprietary star-making formula has launched the careers of such hip-hop luminaries as Lil Baby, Migos, Lil Yachty, City Girls, and Cardi B, to name but a few. QC now takes their proven expertise to the explosive pop gaming space with this exclusive partnership and investment into XSET, kicking off with the premiere of a short film featuring Atlanta native and pro Fortnite player Ashton "Astonish" Harris, who is joining QC Sports and XSET's roster as a content creator and competitive gamer. "We are beyond hyped to join forces with Quality Control," says XSET CEO and co-founder Greg Selkoe. "QC are visionaries and early identifiers of the hip hop and gaming revolution. We have enormous respect for them and are thrilled to be able to tap into QC's incredible creative abilities and business acumen as we continue to grow together. QC meets their audience in the places where they discover music- and gaming is new music's newest locale. This relationship crystallizes our existing synergies, and synthesizes a brand new creative and artistic medium." "I'm extremely excited to work more closely with my brilliant and longtime friend Kevin Lee," added Clinton Sparks, Chief Business Development Officer and co-founder of XSET. "The brains behind QC and XSET have been responsible for shaping and shifting culture for over 15 years, and have had a significant impact on building successful talent, businesses, brands, and blueprints for others to follow. Joining forces and combining our creativity and innovation creates a dominant force that intersects gaming and music, and continues to raise the bar on everything we do while pushing the culture forward.""We are passionate to help inner city kids to learn about gaming and other options for them in using their time now and careers in the future," says QC founder and CEO Kevin "Coach K" Lee. "It's about aligning the QC brand that we've built in rap with XSET in gaming to create movements for their future in gaming, to go from geeky to cool and open up that industry to black and brown communities."Only six months old, XSET has already established itself as a markedly different kind of gaming organization. The collective continues to grow at a breakneck pace, partnering with high-profile brands such as Ghost Lifestyle, HyperX, SCUF Gaming, Roots Canada and Wahlburgers, and attracting top-tier, world famous talent, including Grammy-nominated hip-hop artist Swae Lee, BMX legend Nigel Sylvester, 14-year-old female Olympic skateboarding phenom Minna Stess, Fortnite pro Thwifo, and pro athletes such as NFL star Kyle Van Noy of the Miami Dolphins. In addition, XSET fields top competitive esports teams, including the world's best CS:GO team, which happens to be all-female. Sitting at the intersection of gaming and culture, XSET's robust merchandise offerings are some of the most sought-after in the industry, featuring high-profile collaborations and exclusive pieces fans can't find anywhere else.About XSETFounded in 2020 by esports executives Greg Selkoe, Marco Mereu, Wil Eddins, and Clinton Sparks, XSET is the revolutionary gaming and lifestyle organization built on foundations of inclusivity and social good. In addition to fielding some of the world's top competitive esports teams, XSET seeks to create a cultural movement around a shared love of gaming. With partners such as Ghost Lifestyle, HyperX, Wahlburgers, and more, XSET is driven by principles of integrity and creativity, defining what it means to be cultural leaders in the space for generations to come. For more XSET.com #repthesetAbout Quality ControlQuality Control Music was founded in 2013 by CEO Pierre "P" Thomas and COO Kevin "Coach K" Lee. Garnering billions of streams yearly from groundbreaking acts like Migos, Lil' Yachty, Lil Baby and City Girls, Quality Control is without a doubt leading the charge as one of the biggest and most influential labels of today. In 2020 QC's Lil Baby released My Turn , the highest selling & streaming album of the year and the first and only album of 2020 to go RIAA certified double-platinum, with his entire catalogue hitting over 20 Billion streams. Acting as managers with their Solid Foundation Management, digital strategists, as well as label execs, Coach and Pee have earned the prestigious titles of 2018's Executives of the Year by Billboard, and Innovators of the Year by Variety. Spearheading their way through the culture in music, film, sports and TV by breaking unknown acts, athletes and talent and taking them all the way to stadiums, QC has undoubtedly become the modern day blueprint for success in the industry.CONTACTFor XSET [emailprotected]For Quality ControlKathryn Frazier[emailprotected] SOURCE XSET Related Links https://xset.com/ |
edtsum218 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: WASHINGTON, July 21, 2020 /PRNewswire/ -- Throughout history, infectious diseases caused by pathogens such as bacteria or viruses have taken a devastating toll on the lives and security of people around the world. With the ongoing COVID-19 pandemic gripping the world, we are experiencing a challenging situation that we haven't seen since the influenza pandemic of 1918-1919, when a third of the world's population became infected with the virus and about 675,000 Americans died from the disease. Continue Reading PhRMA report shows more than 400 medicines and vaccines in development to tackle infectious diseases, including COVID-19 The biopharmaceutical industry is committed to the discovery and the development of treatments and development of vaccines for infectious diseases, despite their complicated nature. A new report finds that there are 421 medicines and vaccines in clinical development to treat or prevent bacterial and viral infections that cause infectious diseases, including COVID-19. Among the candidates in development are: A broad-spectrum antiviral medicine, with in vitro activity against Ebola, Middle Eastern respiratory syndrome (MERS) and severe acute respiratory syndrome (SARS), is being studied as a treatment for COVID-19 infections. Two messenger RNA (mRNA)-based vaccines are in development for the prevention of COVID-19 infections. A long-acting injectable capsid inhibitor is being developed as an anti-retroviral (ARV) treatment for HIV infections. A long-acting version of an oral integrase inhibitor is in development for HIV pre-exposure prophylaxis (PrEP). An antibacterial is being developed as an oral treatment for drug-susceptible mycobacterium tuberculosis (MTB). A benzimidazole riboside compound is being developed for the treatment of cytomegalovirus (CMV) infections in transplant patients. The COVID-19 pandemic is also shining a light on another area of concern: antimicrobial resistance (AMR). AMR is a natural process that occurs when microorganisms such as bacteria, viruses, fungi and parasites change in ways such that the microorganisms are resistant to medications used to cure the infections caused by earlier, unchanged versions/strains of these microorganisms. A growing list of infectionsincluding pneumonia, tuberculosis, blood poisoning, gonorrhea and foodborne diseasesare becoming harder, and sometimes impossible to treat as our current arsenal of medicines were not developed or intended to treat these resistant strains of the microorganisms that cause these infections.At the same time as we tackle COVID-19, the public health crisis due to AMR is growing and research and development for new medicines to address it is dwindling. The lack of investment is due in large part to market dynamics that have caused investment to be insufficient to achieve a sustainable pipeline. To tackle this, the biopharmaceutical industry recently launched the AMR Action Fund. This fund aims to bring two to four new antimicrobials to market by 2030, focusing on innovative medicines that address the highest priority public health needs. This industry-driven effort will also work to drive comprehensive policy reforms that are needed to advance new reimbursement methodologies and create incentives that enable appropriate patient access, creating a sustainable ecosystem for antimicrobial R&D and commercialization.To tackle infectious diseases such as COVID-19 and AMR, America's biopharmaceutical companies are committed to expanding scientific knowledge and new technologies to help meet the continuing and ever-changing public health threat. Together, the industry is proactively working to identify potential medicines and vaccines to treat infectious diseases. Read the full infectious disease medicines in development report at www.phrma.org/Report/Medicines-in-Development-for-Infectious-Diseases-2020-Report.This post originally appeared on PhRMA's Catalyst blog. SOURCE Pharmaceutical Research and Manufacturers of America (PhRMA)
Answer: | PhRMA Report Shows More than 400 Medicines and Vaccines in Development to Tackle Infectious Diseases, Including COVID-19 | WASHINGTON, July 21, 2020 /PRNewswire/ -- Throughout history, infectious diseases caused by pathogens such as bacteria or viruses have taken a devastating toll on the lives and security of people around the world. With the ongoing COVID-19 pandemic gripping the world, we are experiencing a challenging situation that we haven't seen since the influenza pandemic of 1918-1919, when a third of the world's population became infected with the virus and about 675,000 Americans died from the disease. Continue Reading PhRMA report shows more than 400 medicines and vaccines in development to tackle infectious diseases, including COVID-19 The biopharmaceutical industry is committed to the discovery and the development of treatments and development of vaccines for infectious diseases, despite their complicated nature. A new report finds that there are 421 medicines and vaccines in clinical development to treat or prevent bacterial and viral infections that cause infectious diseases, including COVID-19. Among the candidates in development are: A broad-spectrum antiviral medicine, with in vitro activity against Ebola, Middle Eastern respiratory syndrome (MERS) and severe acute respiratory syndrome (SARS), is being studied as a treatment for COVID-19 infections. Two messenger RNA (mRNA)-based vaccines are in development for the prevention of COVID-19 infections. A long-acting injectable capsid inhibitor is being developed as an anti-retroviral (ARV) treatment for HIV infections. A long-acting version of an oral integrase inhibitor is in development for HIV pre-exposure prophylaxis (PrEP). An antibacterial is being developed as an oral treatment for drug-susceptible mycobacterium tuberculosis (MTB). A benzimidazole riboside compound is being developed for the treatment of cytomegalovirus (CMV) infections in transplant patients. The COVID-19 pandemic is also shining a light on another area of concern: antimicrobial resistance (AMR). AMR is a natural process that occurs when microorganisms such as bacteria, viruses, fungi and parasites change in ways such that the microorganisms are resistant to medications used to cure the infections caused by earlier, unchanged versions/strains of these microorganisms. A growing list of infectionsincluding pneumonia, tuberculosis, blood poisoning, gonorrhea and foodborne diseasesare becoming harder, and sometimes impossible to treat as our current arsenal of medicines were not developed or intended to treat these resistant strains of the microorganisms that cause these infections.At the same time as we tackle COVID-19, the public health crisis due to AMR is growing and research and development for new medicines to address it is dwindling. The lack of investment is due in large part to market dynamics that have caused investment to be insufficient to achieve a sustainable pipeline. To tackle this, the biopharmaceutical industry recently launched the AMR Action Fund. This fund aims to bring two to four new antimicrobials to market by 2030, focusing on innovative medicines that address the highest priority public health needs. This industry-driven effort will also work to drive comprehensive policy reforms that are needed to advance new reimbursement methodologies and create incentives that enable appropriate patient access, creating a sustainable ecosystem for antimicrobial R&D and commercialization.To tackle infectious diseases such as COVID-19 and AMR, America's biopharmaceutical companies are committed to expanding scientific knowledge and new technologies to help meet the continuing and ever-changing public health threat. Together, the industry is proactively working to identify potential medicines and vaccines to treat infectious diseases. Read the full infectious disease medicines in development report at www.phrma.org/Report/Medicines-in-Development-for-Infectious-Diseases-2020-Report.This post originally appeared on PhRMA's Catalyst blog. SOURCE Pharmaceutical Research and Manufacturers of America (PhRMA) |
edtsum219 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that its Board of Directors has approved a repurchase authorization, under which the Company may repurchase its common shares and/or warrants for an aggregate consideration of up to $5 million. The timing and volume of any repurchases under this authorization will be determined by IGI at its discretion and pursuant to the Company's capital management strategy. The repurchase authorization does not obligate the Company to repurchase any minimum number of securities and may be modified, suspended, or discontinued at any time. Repurchases, which are subject to market conditions, other business considerations and applicable legal requirements, may be made in the open market, in privately negotiated transactions, block trades, or other transactions. Separately, the Company announced that Chairman and CEO Wasef Jabsheh purchased an aggregate of 363,278 common shares of the Company for approximately $2.4 million in open market transactions during June, August and September of 2020. --- About IGI: IGI is an international specialist commercial insurer and reinsurer, underwriting a diverse portfolio of specialty lines. Established in 2001, IGI is an entrepreneurial business with a worldwide portfolio of energy, property, general aviation, construction & engineering, inherent defects, ports & terminals, D&O, financial institutions, general third-party liability, legal expenses, surety, general aviation, professional indemnity, marine liability, political violence, forestry and reinsurance treaty business. Registered in Bermuda, with operations in Bermuda, London, Dubai, Amman, Labuan and Casablanca, IGI always aims to deliver outstanding levels of service to clients and brokers. IGI is rated A (Excellent)/Stable by AM Best and A-/Stable by S&P Global Ratings. For more information about IGI, please visit www.iginsure.com. Forward-Looking Statements: This press release may include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the business of IGI may differ from its actual results and, consequently, you should not rely on forward-looking statements as predictions of future events. Words such as expect, estimate, project, budget, forecast, anticipate, intend, plan, may, will, could, should, believes, predicts, potential, continue, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, expectations with respect to current or future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the control of IGI and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) changes in demand for IGIs services together with the possibility that IGI may be adversely affected by other economic, business, and/or competitive factors globally and in the regions in which it operates; (2) competition, the ability of IGI to grow and manage growth profitably and IGIs ability to retain its key employees; (3) changes in applicable laws or regulations; (4) the potential inability to recognize the anticipated benefits of the business combination with Tiberius Acquisition Corp.; (5) the outcome of any legal proceedings that may be instituted against the parties in connection with or related to the business combination agreement and the transactions contemplated therein; (6) the potential effects of the COVID-19 pandemic; (7) the inability to maintain the listing of the Companys common shares or warrants on Nasdaq; and (8) other risks and uncertainties indicated in IGIs annual report on Form 20-F for the year ended December 31, 2019, including those under Risk Factors therein, and in the Companys other filings with the SEC. The foregoing list of factors is not exclusive. In addition, forward-looking statements are inherently based on various estimates and assumptions that are subject to the judgment of those preparing them and are also subject to significant economic, competitive, industry and other uncertainties and contingencies, all of which are difficult or impossible to predict and many of which are beyond the control of IGI. There can be no assurance that IGIs financial condition or results of operations will be consistent with those set forth in such forward-looking statements. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. IGI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Answer: | IGI Announces Repurchase Authorization for Common Shares and Warrants | HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that its Board of Directors has approved a repurchase authorization, under which the Company may repurchase its common shares and/or warrants for an aggregate consideration of up to $5 million. The timing and volume of any repurchases under this authorization will be determined by IGI at its discretion and pursuant to the Company's capital management strategy. The repurchase authorization does not obligate the Company to repurchase any minimum number of securities and may be modified, suspended, or discontinued at any time. Repurchases, which are subject to market conditions, other business considerations and applicable legal requirements, may be made in the open market, in privately negotiated transactions, block trades, or other transactions. Separately, the Company announced that Chairman and CEO Wasef Jabsheh purchased an aggregate of 363,278 common shares of the Company for approximately $2.4 million in open market transactions during June, August and September of 2020. --- About IGI: IGI is an international specialist commercial insurer and reinsurer, underwriting a diverse portfolio of specialty lines. Established in 2001, IGI is an entrepreneurial business with a worldwide portfolio of energy, property, general aviation, construction & engineering, inherent defects, ports & terminals, D&O, financial institutions, general third-party liability, legal expenses, surety, general aviation, professional indemnity, marine liability, political violence, forestry and reinsurance treaty business. Registered in Bermuda, with operations in Bermuda, London, Dubai, Amman, Labuan and Casablanca, IGI always aims to deliver outstanding levels of service to clients and brokers. IGI is rated A (Excellent)/Stable by AM Best and A-/Stable by S&P Global Ratings. For more information about IGI, please visit www.iginsure.com. Forward-Looking Statements: This press release may include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the business of IGI may differ from its actual results and, consequently, you should not rely on forward-looking statements as predictions of future events. Words such as expect, estimate, project, budget, forecast, anticipate, intend, plan, may, will, could, should, believes, predicts, potential, continue, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, expectations with respect to current or future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the control of IGI and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) changes in demand for IGIs services together with the possibility that IGI may be adversely affected by other economic, business, and/or competitive factors globally and in the regions in which it operates; (2) competition, the ability of IGI to grow and manage growth profitably and IGIs ability to retain its key employees; (3) changes in applicable laws or regulations; (4) the potential inability to recognize the anticipated benefits of the business combination with Tiberius Acquisition Corp.; (5) the outcome of any legal proceedings that may be instituted against the parties in connection with or related to the business combination agreement and the transactions contemplated therein; (6) the potential effects of the COVID-19 pandemic; (7) the inability to maintain the listing of the Companys common shares or warrants on Nasdaq; and (8) other risks and uncertainties indicated in IGIs annual report on Form 20-F for the year ended December 31, 2019, including those under Risk Factors therein, and in the Companys other filings with the SEC. The foregoing list of factors is not exclusive. In addition, forward-looking statements are inherently based on various estimates and assumptions that are subject to the judgment of those preparing them and are also subject to significant economic, competitive, industry and other uncertainties and contingencies, all of which are difficult or impossible to predict and many of which are beyond the control of IGI. There can be no assurance that IGIs financial condition or results of operations will be consistent with those set forth in such forward-looking statements. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. IGI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. |
edtsum220 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: VANCOUVER, BC, Feb. 1, 2021 /PRNewswire/ -Solaris Resources Inc. (TSXV: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") and graduate from the TSX Venture Exchange ("TSXV"). Final approval of the listing is subject to the Company meeting certain customary conditions required by the TSX. The Company will issue a press release once the TSX confirms the date when trading of Solaris common shares is expected to commence on the TSX. Upon completion of the final listing requirements, the Company's common shares will be delisted from the TSXV. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares. The TSXV does not accept responsibility for the adequacy or accuracy of this news release. On behalf of the Board of Solaris Resources Inc."Daniel Earle"President & CEO, Director About Solaris Resources Inc. Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes: a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to US$130M spending / 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and significant leverage to increasing copper prices through the 60%-interest in the development-stage La Verde joint-venture project with Teck Resources in Mexico. Cautionary Notes and Forward-looking Statements This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements") including, but not limited to, statements that are related to listing its common shares on the TSX. The use of the words "will", "expected" and similar expressions are intended to identify forward-looking statements. Although Solaris believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Solaris can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the latest Solaris Management's Discussion and Analysis available at www.sedar.com. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Solaris does not undertake any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws. SOURCE Solaris Resources Inc. Related Links https://www.solarisresources.com
Answer: | Solaris Secures Conditional Approval to List on the Toronto Stock Exchange | VANCOUVER, BC, Feb. 1, 2021 /PRNewswire/ -Solaris Resources Inc. (TSXV: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") and graduate from the TSX Venture Exchange ("TSXV"). Final approval of the listing is subject to the Company meeting certain customary conditions required by the TSX. The Company will issue a press release once the TSX confirms the date when trading of Solaris common shares is expected to commence on the TSX. Upon completion of the final listing requirements, the Company's common shares will be delisted from the TSXV. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares. The TSXV does not accept responsibility for the adequacy or accuracy of this news release. On behalf of the Board of Solaris Resources Inc."Daniel Earle"President & CEO, Director About Solaris Resources Inc. Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes: a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to US$130M spending / 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and significant leverage to increasing copper prices through the 60%-interest in the development-stage La Verde joint-venture project with Teck Resources in Mexico. Cautionary Notes and Forward-looking Statements This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements") including, but not limited to, statements that are related to listing its common shares on the TSX. The use of the words "will", "expected" and similar expressions are intended to identify forward-looking statements. Although Solaris believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Solaris can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the latest Solaris Management's Discussion and Analysis available at www.sedar.com. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Solaris does not undertake any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws. SOURCE Solaris Resources Inc. Related Links https://www.solarisresources.com |
edtsum221 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO, March 11, 2021 /PRNewswire/ -- MasterClass, the streaming platform where anyone can learn from the world's best across a wide range of subjects, today announced that Amy Tan will teach a class on Fiction, Memory, and Imagination. With meaningful intimacy and honest vulnerability, the award-winning writer of The Joy Luck Club will share her personal and most challenging life experiences to demonstrate how members can tap into their own thoughts and memories to inspire creative writing. Tan's class is now available exclusively on MasterClass, where subscribers get unlimited access to all 100+ instructors with an annual membership. (PRNewsfoto/MasterClass) "As the author behind six New York Times bestselling novels, Amy is one of the most celebrated and memorable voices in modern American literature," said David Rogier, founder and CEO of MasterClass. "In her MasterClass, Amy courageously bares her soul to illustrate her very personal and deep writing process. She'll take our members on a self-discovery journey to understand how personal memories, observations about life and the most challenging experiences can become the greatest sources of inspiration in writing." In her MasterClass, Tan will ask members to dig deep into their minds and hearts and question who they are to determine what they choose to write about and why. Writers of all levels will learn how to think about the phases and process of writing, find their unique voice, approach revisions and craft compelling beginnings and endings. Sharing journal entries and rejection letters, Tan will reveal lessons learned from her own failures and mistakes, including how she deals with procrastination and motivation. Tan will also reminisce on the film adaptation of her bestselling novel The Joy Luck Club. Filled with practical tools and exercises, concrete examples, metaphors and motivation, Tan's class will leave members inspired and eager to use their newfound skills as they put pen to page. "You want to write a story, but you've never done this before. Where do you begin? Instead of giving you rules or a process that you have to follow, my MasterClass will tell you the reasons why I write so that you can think about the reasons why you're going to write," Tan said. "We're going to look at memory. We're going to look at imagination. We're going to look at the nature of your voice and, most importantly, we're going to find these things that will make you want to write for the rest of your life."Born in the U.S. to Chinese immigrant parents, Tan visited China for the first time in 1987 and met her half-sisters from her mother's previous marriage. This discovery of her mother's earlier life sparked the idea for her first novel, The Joy Luck Club, which spent more than 40 weeks on The New York Times bestseller list.In 1993, it was adapted into a film for which Tan served as the co-producer and co-writer, receiving a Writers Guild of America Award and a British Academy of Film and Television Arts nomination. Known widely for tapping into her family's personal history to inform her work, Tan has also authored the bestselling novels The Kitchen God's Wife, The Hundred Secret Senses, The Bonesetter's Daughter, Saving Fish From Drowning and The Valley of Amazement. Additionally, she's written two memoirs, The Opposite of Fate and Where the Past Begins, and two children's books, The Moon Lady and Sagwa, the Chinese Siamese Cat, the latter of which was adapted into an Emmy-nominated television series. Tan was a finalist for the National Book Award, the National Book Critics Circle Award and the International Orange Prize, and has won many awards including the Gold Commonwealth Award. Most recently, she was the subject of the feature documentary Amy Tan: Unintended Memoir, which premiered at the 2021 Sundance Film Festival.Embed & view the trailer here:https://youtu.be/IaR4A8CDo4MDownload stills here: https://brandfolder.com/s/rvm5pbr5ksbpjnfhr8r5h9k3 Credit: Courtesy of MasterClassABOUT MASTERCLASS:Launched in 2015, MasterClass is the streaming platform where anyone can learn from the world's best. With an annual membership, subscribers get unlimited access to 100+ instructors and classes across a wide range of subjects, including Arts & Entertainment, Business, Design & Style, Sports & Gaming, Writing and more. Step into Anna Wintour's office, Ron Finley's garden and Neil Gaiman's writing retreat. Get inspired by RuPaul, perfect your pitch with Shonda Rhimes and discover your inner negotiator with Chris Voss. Each class features about 20 video lessons, at an average of 10 minutes per lesson. You can learn on your own termsin bite-size pieces or in a single binge. Cinematic visuals and close-up, hands-on demonstrations make you feel like you're one-on-one with the instructors, while the downloadable instructor guides help reinforce your learning. Stream thousands of lessons anywhere, anytime, on mobile, tablet, desktop, Apple TV, Android TV, Amazon Fire TV and Roku players and devices.Follow MasterClass: Twitter@masterclass Instagram@masterclass Facebook@masterclassofficialFollow Amy Tan: Twitter @amytan Instagram @amytanwriter Facebook @authoramytanMedia Contacts: Tawnya Bear, MasterClass [emailprotected]Wey Lin, R&C/PMK [emailprotected]Daniel Coffey, R&C/PMK [emailprotected]SOURCE MasterClass
Answer: | MasterClass Announces Amy Tan to Teach Fiction, Memory, and Imagination New York Times bestselling novelist demonstrates how emotional memory can maximize creativity in writing | SAN FRANCISCO, March 11, 2021 /PRNewswire/ -- MasterClass, the streaming platform where anyone can learn from the world's best across a wide range of subjects, today announced that Amy Tan will teach a class on Fiction, Memory, and Imagination. With meaningful intimacy and honest vulnerability, the award-winning writer of The Joy Luck Club will share her personal and most challenging life experiences to demonstrate how members can tap into their own thoughts and memories to inspire creative writing. Tan's class is now available exclusively on MasterClass, where subscribers get unlimited access to all 100+ instructors with an annual membership. (PRNewsfoto/MasterClass) "As the author behind six New York Times bestselling novels, Amy is one of the most celebrated and memorable voices in modern American literature," said David Rogier, founder and CEO of MasterClass. "In her MasterClass, Amy courageously bares her soul to illustrate her very personal and deep writing process. She'll take our members on a self-discovery journey to understand how personal memories, observations about life and the most challenging experiences can become the greatest sources of inspiration in writing." In her MasterClass, Tan will ask members to dig deep into their minds and hearts and question who they are to determine what they choose to write about and why. Writers of all levels will learn how to think about the phases and process of writing, find their unique voice, approach revisions and craft compelling beginnings and endings. Sharing journal entries and rejection letters, Tan will reveal lessons learned from her own failures and mistakes, including how she deals with procrastination and motivation. Tan will also reminisce on the film adaptation of her bestselling novel The Joy Luck Club. Filled with practical tools and exercises, concrete examples, metaphors and motivation, Tan's class will leave members inspired and eager to use their newfound skills as they put pen to page. "You want to write a story, but you've never done this before. Where do you begin? Instead of giving you rules or a process that you have to follow, my MasterClass will tell you the reasons why I write so that you can think about the reasons why you're going to write," Tan said. "We're going to look at memory. We're going to look at imagination. We're going to look at the nature of your voice and, most importantly, we're going to find these things that will make you want to write for the rest of your life."Born in the U.S. to Chinese immigrant parents, Tan visited China for the first time in 1987 and met her half-sisters from her mother's previous marriage. This discovery of her mother's earlier life sparked the idea for her first novel, The Joy Luck Club, which spent more than 40 weeks on The New York Times bestseller list.In 1993, it was adapted into a film for which Tan served as the co-producer and co-writer, receiving a Writers Guild of America Award and a British Academy of Film and Television Arts nomination. Known widely for tapping into her family's personal history to inform her work, Tan has also authored the bestselling novels The Kitchen God's Wife, The Hundred Secret Senses, The Bonesetter's Daughter, Saving Fish From Drowning and The Valley of Amazement. Additionally, she's written two memoirs, The Opposite of Fate and Where the Past Begins, and two children's books, The Moon Lady and Sagwa, the Chinese Siamese Cat, the latter of which was adapted into an Emmy-nominated television series. Tan was a finalist for the National Book Award, the National Book Critics Circle Award and the International Orange Prize, and has won many awards including the Gold Commonwealth Award. Most recently, she was the subject of the feature documentary Amy Tan: Unintended Memoir, which premiered at the 2021 Sundance Film Festival.Embed & view the trailer here:https://youtu.be/IaR4A8CDo4MDownload stills here: https://brandfolder.com/s/rvm5pbr5ksbpjnfhr8r5h9k3 Credit: Courtesy of MasterClassABOUT MASTERCLASS:Launched in 2015, MasterClass is the streaming platform where anyone can learn from the world's best. With an annual membership, subscribers get unlimited access to 100+ instructors and classes across a wide range of subjects, including Arts & Entertainment, Business, Design & Style, Sports & Gaming, Writing and more. Step into Anna Wintour's office, Ron Finley's garden and Neil Gaiman's writing retreat. Get inspired by RuPaul, perfect your pitch with Shonda Rhimes and discover your inner negotiator with Chris Voss. Each class features about 20 video lessons, at an average of 10 minutes per lesson. You can learn on your own termsin bite-size pieces or in a single binge. Cinematic visuals and close-up, hands-on demonstrations make you feel like you're one-on-one with the instructors, while the downloadable instructor guides help reinforce your learning. Stream thousands of lessons anywhere, anytime, on mobile, tablet, desktop, Apple TV, Android TV, Amazon Fire TV and Roku players and devices.Follow MasterClass: Twitter@masterclass Instagram@masterclass Facebook@masterclassofficialFollow Amy Tan: Twitter @amytan Instagram @amytanwriter Facebook @authoramytanMedia Contacts: Tawnya Bear, MasterClass [emailprotected]Wey Lin, R&C/PMK [emailprotected]Daniel Coffey, R&C/PMK [emailprotected]SOURCE MasterClass |
edtsum222 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: VANCOUVER, BC, Oct. 22, 2020 /PRNewswire/ -New Placer Dome Gold Corp. ("New Placer Dome" or the "Company") (TSXV: NGLD) (OTCQB: NPDCF) (FSE: BM5) is pleased to announce the results of the recently completed rock grab sampling program at its 100% owned Troy Canyon Gold-Silver Property (the "Troy Canyon Project" or the "Project") located in Nye County, Nevada. The 2020 Troy Canyon Project surface rock grab sampling represents the Company's first opportunity to independently verify significant reported historic gold and silver values within Project, which had previously reported underground stope rock grab samples assaying 576 g/t gold and greater than 100 g/t silver1. A total of 59 surface and underground rock grab samples were collected at the Troy Canyon Project during the program. Sampling was designed to follow-up on significant untested gold in soil geochemical anomalies present throughout the property (see New Placer Dome news release dated October 11, 2019). Highlights of the recently completed surface rock sampling include (Table 1): 42.7 grams-per-tonne (g/t) gold (Au) and 15 g/t Au, and 91 g/t silver (Ag) in outcrop of partially oxidized silica-sulphide breccia at the historic Locke West and East Mine prospects. 37.7 g/t Au in oxidized quartz vein material sampled from historic waste dumps at the Locke East Mine (Figure 1). 7.68 g/t Au including 526 g/t Ag, in addition to 97.20 g/t Ag and 105 g/t Ag from mine dump material coincident with a 1.2 km north-south trending greater than 10 ppb Au in soil anomaly along the western Troy Canyon Claims along the historic Leadhill and Galena vein trends (Figure 2). Table 1. Troy Canyon Significant 2020 Rock Grab Sample Results Sample ID Au (g/t) Ag (g/t) Pb (%) Zn (%) TC20KO-015 42.70 42.10 0.13 0.18 TC20KO-002 37.70 251.00 1.35 0.10 TC20AC-014 15.05 26.30 0.06 0.30 TC20KO-019 7.68 526.00 16.75 0.45 TC20KO-024 2.52 26.00 1.77 3.46 TC20KO-007 2.21 8.62 0.01 0.04 TC20AW-002 1.61 91.50 0.20 0.10 TC20KO-023 1.39 21.80 1.35 0.13 TC20AC-010 1.09 7.20 0.01 0.01 TC20AW-007 0.03 105.00 8.47 1.90 TC20AC-001 0.02 97.20 8.26 0.69 __________________ 1 National Instrument 43-101 Technical Report on the Troy Canyon Project, Portage Minerals Inc., with an effective date of February 5, 2007 prepared by Jim Chapman, P.Geo. is located on SEDAR (www.sedar.com) under Portage Minerals Inc.'s profile. Max Sali, CEO and founder comments, "Our technical team successfully returned a number of compelling high-grade gold and silver samples in support of historical samples and demonstrated the potential of the Project.In addition, our ongoing reverse circulation and diamond drill campaigns at our flagship Kinsley Mountain gold project and the Bolo gold project continue to move forward on budget with multiple holes being completed weekly and we look forward to sharing these results with the market in the very near future." Update on Kinsley Mountain Drilling progress with two reverse circulation and one diamond drill turning at Kinsley Mountain continues to meet the Company's production expectations. Over 12,000 metres (40,000 feet) of drilling has been completed at Kinsley this year; comprising 32 RC holes totaling 9,813 metres (32,200 feet) and seven diamond core holes totaling 2,567 metres (8,400 feet). In addition to the 2,500 RC samples from nine drill holes already forwarded and in progress at the ALS Geochemistry laboratory in North Vancouver (see the Company's October 1, 2020 news release), an additional full transport truck carrying 22 pallets (2,320 RC samples) were shipped this week and are confirmed to have arrived at ALS. Exploration drilling continues to test high-priority structural and stratigraphic gold targets at the high-grade Western Flank Gold Zone, Secret Spot and Shale Saddle targets, with initial drilling at the Big Bend and historical Kinsley Open Pit targets now complete (see the Company's September 21, 020 news release). Troy Canyon Summary The Troy Canyonsilvergold project is located in the Grant Range of eastern Nye County, Nevada, approximately 150 km east of Tonopah. The project consists of 59 contiguous unpatented mineral claims that cover 493 hectares of land centered approximately on the historical Locke gold mine. High-grade gold mineralization occurs within massive quartz veins, vein breccias and narrower sheeted vein and stockwork zones. The quartz system is exposed for 300 meters along the sheared, northerly trending contact between hanging wall recrystallized limestone of Cambrian age and footwall quartz monzonite of the Tertiary (23 Ma) Troy pluton. The Troy Gold-Silver Project has seen limited modern exploration effort and was a former small scale producer. Gold mineralization was first identified at the project in 1867 and small-scale mining commenced in 1869. The most recent mining took place from 1948 to 1950 where 643 ounces of gold and 660 ounces of silver were reportedly produced from 1,859 tons of mineralized rock, at an average grade of 11.83 g/t gold (0.345 oz/t Au) and 12 g/t silver (0.355 oz/t Ag). The area of the old Locke Mine in Troy Canyon hosts mesothermal gold and silver mineralization with potential for economically significant concentrations. Mesothermal systems typically are persistent to great depths. To date the system seen on the Troy Canyon Project has only been investigated over a vertical extent of approximately 180 metres, with the bulk of the work having been concentrated on the hanging wall of the quartz host. Recent assessments (late 1980s to early 2000s) of the project by multiple companies include sampling of surface and underground quartz exposures, mine dumps, mineral processing facilities, and tailings piles. In 2004, Miranda Gold Corp determined that stopes were developed on multiple 'stacked' north-trending, moderately east-dipping veins. Three of 13 underground stope rock grab samples collected by Miranda reportedly returned 47.8 g/t gold, 48.4 g/t gold, and a high of 576 g/t gold* (16.8 oz/ton Au). The remaining ten rock samples collected from underground stope and adit wall outcrops returned values ranging from <1 g/t gold to 8.8 g/t gold, and from 0 g/t silver to 27 g/t silver. In 2007, Portage Minerals Inc. completed a multi-parameter exploration program on the project that included a property-wide soil geochemical survey, focused IP/Resistivity and CSAMT surveys, and rock chip sampling and surveying of the main Locke mine underground workings. The soil geochemical program identified several zones of anomalous gold outbound of the mine and a strong northwest trending IP anomaly in the southeast part of the survey area. Gold mineralization is associated with grey, late-stage vuggy, sugary limonitic quartz and minor sphalerite, galena and arsenopyrite, and a strong gold-bismuth correlation suggests that mineralization is part of an intrusive-related mesothermal gold vein system. Compiled data for the Troy Canyon Project reference only one exploration drill-hole which apparently was terminated in mineralized limestone before reaching the vein. Technical Details, Methodology and QA/QC Of the 59 rock grab samples collected, a total of nine samples returned greater than 1 g/t Au and up to 42.7 g/t Au. A total of 12 samples returned greater than 20 g/t Ag, with a total of three samples returning greater than 100 g/t Ag and up to 526 g/t Ag. The analytical work reported on herein was performed by ALS Global (ALS), Vancouver Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the New Placer Dome and the QP. Rock grab were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250 gram split to 85% passing 75 microns. Gold determination was viastandard atomic absorption (AA) finish 30 gram fire-assay (FA) analysis, in addition to 48 element ICP-MS geochemistry. New Placer Dome detected no significant QA/QC issues during review of the data. New Placer Dome is not aware of any sampling, or other factors that could materially affect the accuracy or reliability of the data referred to herein. About New Placer Dome Gold Corp.New Placer Dome Gold Corp. is a gold exploration company focused on acquiring and advancing gold projects in Nevada. New Placer Dome's flagship Kinsley Mountain Gold Project, located 90 km south of the Long Canyon Mine (currently in production under the Newmont/Barrick Joint Venture), hosts Carlin-style gold mineralization, previous run of mine heap leach production, and NI 43-101 indicated resources containing 418,000 ounces of gold grading 2.63 g/t Au (4.95 million tonnes) and inferred resources containing 117,000 ounces of gold averaging 1.51 g/t Au (2.44 million tonnes)2. The Bolo Project, located 90 km northeast of Tonopah, Nevada, is another core asset, similarly hosting Carlin-style gold mineralization. New Placer Dome also owns 100% of the Troy Canyon Project, located 120 km south of Ely, Nevada. New Placer Dome is run by a strong management and technical team consisting of capital market and mining professionals with the goal of maximizing value for shareholders through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions. Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a Director of New Placer Dome and a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data disclosed which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein. The 2020 Troy Canyon rock grab samples were submitted to ALS Canada On behalf of the Board of Directors, /s/ "Max Sali"Max Sali, Chief Executive Officer __________________ 2Technical Report and updated estimate of mineral resources on the Kinsley Project, Elko County, Nevada, U.S.A., effective January 15, 2020 and prepared by Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P.Geo. and Gary L. Simmons, MMSA under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR (www.sedar.com). Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Forward Looking Information This news release includes certain statements that constitute "forward-looking information or statements" within the meaning of applicable securities law, including without limitation, conducting exploration work on its projects, other statements relating to the technical, financial and business prospects of the Company and its properties, and other matters. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: (i) risks related to gold and other commodity price fluctuations; (ii) risks and uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative business; (v) that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits; (vi) that environmental laws and regulations may become more onerous; (vii) that the Company may not be able to raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; (ix) exploration and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and development; * competition; (xi) the potential for delays in exploration or development activities or the completion of geologic reports or studies; (xii) the uncertainty of profitability based upon the Company's history of losses; (xiii) risks related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally referred to as "social licence"); (xv) risks relating to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued exploration and development of the Company's projects; (xvi) risks related to the outcome of legal actions; (xvii) political and regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks and uncertainties related to the Company's prospects, properties and business strategy. These risks, as well as others, could cause actual results and events to vary significantly. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures, government regulations and policies, litigation, exchange rate fluctuations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, decrease in the price of gold and other metals, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. SOURCE New Placer Dome Gold Corp.
Answer: | New Placer Dome Gold Surface Rock Sampling Returns 43 g/t Gold and 526 g/t Silver at the Troy Canyon Gold-Silver Project in Nevada - Provides Update on the Kinsley Mountain Gold Project | VANCOUVER, BC, Oct. 22, 2020 /PRNewswire/ -New Placer Dome Gold Corp. ("New Placer Dome" or the "Company") (TSXV: NGLD) (OTCQB: NPDCF) (FSE: BM5) is pleased to announce the results of the recently completed rock grab sampling program at its 100% owned Troy Canyon Gold-Silver Property (the "Troy Canyon Project" or the "Project") located in Nye County, Nevada. The 2020 Troy Canyon Project surface rock grab sampling represents the Company's first opportunity to independently verify significant reported historic gold and silver values within Project, which had previously reported underground stope rock grab samples assaying 576 g/t gold and greater than 100 g/t silver1. A total of 59 surface and underground rock grab samples were collected at the Troy Canyon Project during the program. Sampling was designed to follow-up on significant untested gold in soil geochemical anomalies present throughout the property (see New Placer Dome news release dated October 11, 2019). Highlights of the recently completed surface rock sampling include (Table 1): 42.7 grams-per-tonne (g/t) gold (Au) and 15 g/t Au, and 91 g/t silver (Ag) in outcrop of partially oxidized silica-sulphide breccia at the historic Locke West and East Mine prospects. 37.7 g/t Au in oxidized quartz vein material sampled from historic waste dumps at the Locke East Mine (Figure 1). 7.68 g/t Au including 526 g/t Ag, in addition to 97.20 g/t Ag and 105 g/t Ag from mine dump material coincident with a 1.2 km north-south trending greater than 10 ppb Au in soil anomaly along the western Troy Canyon Claims along the historic Leadhill and Galena vein trends (Figure 2). Table 1. Troy Canyon Significant 2020 Rock Grab Sample Results Sample ID Au (g/t) Ag (g/t) Pb (%) Zn (%) TC20KO-015 42.70 42.10 0.13 0.18 TC20KO-002 37.70 251.00 1.35 0.10 TC20AC-014 15.05 26.30 0.06 0.30 TC20KO-019 7.68 526.00 16.75 0.45 TC20KO-024 2.52 26.00 1.77 3.46 TC20KO-007 2.21 8.62 0.01 0.04 TC20AW-002 1.61 91.50 0.20 0.10 TC20KO-023 1.39 21.80 1.35 0.13 TC20AC-010 1.09 7.20 0.01 0.01 TC20AW-007 0.03 105.00 8.47 1.90 TC20AC-001 0.02 97.20 8.26 0.69 __________________ 1 National Instrument 43-101 Technical Report on the Troy Canyon Project, Portage Minerals Inc., with an effective date of February 5, 2007 prepared by Jim Chapman, P.Geo. is located on SEDAR (www.sedar.com) under Portage Minerals Inc.'s profile. Max Sali, CEO and founder comments, "Our technical team successfully returned a number of compelling high-grade gold and silver samples in support of historical samples and demonstrated the potential of the Project.In addition, our ongoing reverse circulation and diamond drill campaigns at our flagship Kinsley Mountain gold project and the Bolo gold project continue to move forward on budget with multiple holes being completed weekly and we look forward to sharing these results with the market in the very near future." Update on Kinsley Mountain Drilling progress with two reverse circulation and one diamond drill turning at Kinsley Mountain continues to meet the Company's production expectations. Over 12,000 metres (40,000 feet) of drilling has been completed at Kinsley this year; comprising 32 RC holes totaling 9,813 metres (32,200 feet) and seven diamond core holes totaling 2,567 metres (8,400 feet). In addition to the 2,500 RC samples from nine drill holes already forwarded and in progress at the ALS Geochemistry laboratory in North Vancouver (see the Company's October 1, 2020 news release), an additional full transport truck carrying 22 pallets (2,320 RC samples) were shipped this week and are confirmed to have arrived at ALS. Exploration drilling continues to test high-priority structural and stratigraphic gold targets at the high-grade Western Flank Gold Zone, Secret Spot and Shale Saddle targets, with initial drilling at the Big Bend and historical Kinsley Open Pit targets now complete (see the Company's September 21, 020 news release). Troy Canyon Summary The Troy Canyonsilvergold project is located in the Grant Range of eastern Nye County, Nevada, approximately 150 km east of Tonopah. The project consists of 59 contiguous unpatented mineral claims that cover 493 hectares of land centered approximately on the historical Locke gold mine. High-grade gold mineralization occurs within massive quartz veins, vein breccias and narrower sheeted vein and stockwork zones. The quartz system is exposed for 300 meters along the sheared, northerly trending contact between hanging wall recrystallized limestone of Cambrian age and footwall quartz monzonite of the Tertiary (23 Ma) Troy pluton. The Troy Gold-Silver Project has seen limited modern exploration effort and was a former small scale producer. Gold mineralization was first identified at the project in 1867 and small-scale mining commenced in 1869. The most recent mining took place from 1948 to 1950 where 643 ounces of gold and 660 ounces of silver were reportedly produced from 1,859 tons of mineralized rock, at an average grade of 11.83 g/t gold (0.345 oz/t Au) and 12 g/t silver (0.355 oz/t Ag). The area of the old Locke Mine in Troy Canyon hosts mesothermal gold and silver mineralization with potential for economically significant concentrations. Mesothermal systems typically are persistent to great depths. To date the system seen on the Troy Canyon Project has only been investigated over a vertical extent of approximately 180 metres, with the bulk of the work having been concentrated on the hanging wall of the quartz host. Recent assessments (late 1980s to early 2000s) of the project by multiple companies include sampling of surface and underground quartz exposures, mine dumps, mineral processing facilities, and tailings piles. In 2004, Miranda Gold Corp determined that stopes were developed on multiple 'stacked' north-trending, moderately east-dipping veins. Three of 13 underground stope rock grab samples collected by Miranda reportedly returned 47.8 g/t gold, 48.4 g/t gold, and a high of 576 g/t gold* (16.8 oz/ton Au). The remaining ten rock samples collected from underground stope and adit wall outcrops returned values ranging from <1 g/t gold to 8.8 g/t gold, and from 0 g/t silver to 27 g/t silver. In 2007, Portage Minerals Inc. completed a multi-parameter exploration program on the project that included a property-wide soil geochemical survey, focused IP/Resistivity and CSAMT surveys, and rock chip sampling and surveying of the main Locke mine underground workings. The soil geochemical program identified several zones of anomalous gold outbound of the mine and a strong northwest trending IP anomaly in the southeast part of the survey area. Gold mineralization is associated with grey, late-stage vuggy, sugary limonitic quartz and minor sphalerite, galena and arsenopyrite, and a strong gold-bismuth correlation suggests that mineralization is part of an intrusive-related mesothermal gold vein system. Compiled data for the Troy Canyon Project reference only one exploration drill-hole which apparently was terminated in mineralized limestone before reaching the vein. Technical Details, Methodology and QA/QC Of the 59 rock grab samples collected, a total of nine samples returned greater than 1 g/t Au and up to 42.7 g/t Au. A total of 12 samples returned greater than 20 g/t Ag, with a total of three samples returning greater than 100 g/t Ag and up to 526 g/t Ag. The analytical work reported on herein was performed by ALS Global (ALS), Vancouver Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the New Placer Dome and the QP. Rock grab were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250 gram split to 85% passing 75 microns. Gold determination was viastandard atomic absorption (AA) finish 30 gram fire-assay (FA) analysis, in addition to 48 element ICP-MS geochemistry. New Placer Dome detected no significant QA/QC issues during review of the data. New Placer Dome is not aware of any sampling, or other factors that could materially affect the accuracy or reliability of the data referred to herein. About New Placer Dome Gold Corp.New Placer Dome Gold Corp. is a gold exploration company focused on acquiring and advancing gold projects in Nevada. New Placer Dome's flagship Kinsley Mountain Gold Project, located 90 km south of the Long Canyon Mine (currently in production under the Newmont/Barrick Joint Venture), hosts Carlin-style gold mineralization, previous run of mine heap leach production, and NI 43-101 indicated resources containing 418,000 ounces of gold grading 2.63 g/t Au (4.95 million tonnes) and inferred resources containing 117,000 ounces of gold averaging 1.51 g/t Au (2.44 million tonnes)2. The Bolo Project, located 90 km northeast of Tonopah, Nevada, is another core asset, similarly hosting Carlin-style gold mineralization. New Placer Dome also owns 100% of the Troy Canyon Project, located 120 km south of Ely, Nevada. New Placer Dome is run by a strong management and technical team consisting of capital market and mining professionals with the goal of maximizing value for shareholders through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions. Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a Director of New Placer Dome and a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data disclosed which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein. The 2020 Troy Canyon rock grab samples were submitted to ALS Canada On behalf of the Board of Directors, /s/ "Max Sali"Max Sali, Chief Executive Officer __________________ 2Technical Report and updated estimate of mineral resources on the Kinsley Project, Elko County, Nevada, U.S.A., effective January 15, 2020 and prepared by Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P.Geo. and Gary L. Simmons, MMSA under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR (www.sedar.com). Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Forward Looking Information This news release includes certain statements that constitute "forward-looking information or statements" within the meaning of applicable securities law, including without limitation, conducting exploration work on its projects, other statements relating to the technical, financial and business prospects of the Company and its properties, and other matters. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: (i) risks related to gold and other commodity price fluctuations; (ii) risks and uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative business; (v) that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits; (vi) that environmental laws and regulations may become more onerous; (vii) that the Company may not be able to raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; (ix) exploration and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and development; * competition; (xi) the potential for delays in exploration or development activities or the completion of geologic reports or studies; (xii) the uncertainty of profitability based upon the Company's history of losses; (xiii) risks related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally referred to as "social licence"); (xv) risks relating to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued exploration and development of the Company's projects; (xvi) risks related to the outcome of legal actions; (xvii) political and regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks and uncertainties related to the Company's prospects, properties and business strategy. These risks, as well as others, could cause actual results and events to vary significantly. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures, government regulations and policies, litigation, exchange rate fluctuations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, decrease in the price of gold and other metals, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. SOURCE New Placer Dome Gold Corp. |
edtsum223 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TANGIPAHOA, La., Feb. 22, 2021 /PRNewswire/ --The Tangipahoa Parish School system was awarded a grant to establish a unique "Ready Start Network" to pilot a state program to increase early childhood education access and improve quality.Tangipahoa Parish School System has received a grant from the Louisiana Board of Elementary and Secondary Education to pilot new strategies to increase access to and improve the quality of publicly funded early childhood care and education. It is one of 13 communities joining as a third cohortand one of 26 total communities to lead this work statewide. Continue Reading The core values of Ready Start Tangipahoa. The communities, called Ready Start Networks, will develop new local governance structures; assess local demand for early care and education; provide resources and training for teachers to improve classroom quality; implement fundraising strategies, and share their findings with state leaders to inform future policymaking. Due to this grant, Early Learning Tangipahoa rebranded to Ready Start Tangipahoa with the launch of their new website in the fall of 2020.Ready Start Tangipahoa will do this by:Equipping each classroom with quality, Tier I curriculum by May 2023.Increasing overall CLASS scores in each classroom by .5 for veteran teachers and .2 for novice teachers by 2023.Increasing parent accessibility, involvement, and awareness of resources in Tangipahoa Early Childhood by May 2023.Expanding access and enrollment to early learning for children aged birth to three in quality centers by 20%, at the end of 2023.All children deserve to start off life with every possible advantage. One of the best advantages children have is early childhood education."Ready Start Tangipahoa enables children, parents, and businesses to succeed," said Early Childhood Coordinator Carmen Brabham M.Ed., NBCT. "Children benefit and grow by having consistent socialization and education. Parents have reliable childcare and can work or attend school while knowing their children are flourishing. Businesses have less employee absenteeism because their employees' children have dependable, quality childcare.It's a win for everyone in the community!"To learn more about the Ready Start Networks, visit:louisianabelieves.com.To learn more about Ready Start Tangipahoa visit:readystarttangi.com.Related Imagesimage1.png Related Linkshttps://www.readystarttangi.com SOURCE Ready Start Tangipahoa
Answer: | Tangipahoa Parish School System to Establish Unique 'Ready Start Network' All children deserve to start off life with every possible advantage. One of the best advantages children have is early childhood education. | TANGIPAHOA, La., Feb. 22, 2021 /PRNewswire/ --The Tangipahoa Parish School system was awarded a grant to establish a unique "Ready Start Network" to pilot a state program to increase early childhood education access and improve quality.Tangipahoa Parish School System has received a grant from the Louisiana Board of Elementary and Secondary Education to pilot new strategies to increase access to and improve the quality of publicly funded early childhood care and education. It is one of 13 communities joining as a third cohortand one of 26 total communities to lead this work statewide. Continue Reading The core values of Ready Start Tangipahoa. The communities, called Ready Start Networks, will develop new local governance structures; assess local demand for early care and education; provide resources and training for teachers to improve classroom quality; implement fundraising strategies, and share their findings with state leaders to inform future policymaking. Due to this grant, Early Learning Tangipahoa rebranded to Ready Start Tangipahoa with the launch of their new website in the fall of 2020.Ready Start Tangipahoa will do this by:Equipping each classroom with quality, Tier I curriculum by May 2023.Increasing overall CLASS scores in each classroom by .5 for veteran teachers and .2 for novice teachers by 2023.Increasing parent accessibility, involvement, and awareness of resources in Tangipahoa Early Childhood by May 2023.Expanding access and enrollment to early learning for children aged birth to three in quality centers by 20%, at the end of 2023.All children deserve to start off life with every possible advantage. One of the best advantages children have is early childhood education."Ready Start Tangipahoa enables children, parents, and businesses to succeed," said Early Childhood Coordinator Carmen Brabham M.Ed., NBCT. "Children benefit and grow by having consistent socialization and education. Parents have reliable childcare and can work or attend school while knowing their children are flourishing. Businesses have less employee absenteeism because their employees' children have dependable, quality childcare.It's a win for everyone in the community!"To learn more about the Ready Start Networks, visit:louisianabelieves.com.To learn more about Ready Start Tangipahoa visit:readystarttangi.com.Related Imagesimage1.png Related Linkshttps://www.readystarttangi.com SOURCE Ready Start Tangipahoa |
edtsum224 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PORTLAND, Oregon, July 7, 2020 /PRNewswire/ -- Allied Market Research recently published a report, "Global Flexible Pipes Market by Raw Material (High-density Polyethylene, Polyamide, Polyvinylidene Fluoride, and Others) and Application (Onshore and Offshore): Global Opportunity Analysis and Industry Forecast, 20202027". According to the report, the global flexible pipe industry was pegged at $0.8 billion in 2019, and is projected to reach $1.2 billion by 2027, growing at a CAGR of 4.7% from 2020 to 2027. Drivers, opportunities, and restraints: Technological advancements in drilling activities drive the growth of the global flexible pipe market. However, stringent regulation in the oil & gas industry hampers the market. On the contrary, surge in exploration of horizontal wells is expected to create lucrative opportunities for the market players in the coming future. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6904 COVID-19 scenario: The outbreak of COVID-19 has greatly affected the global flexible pipe market. Lockdown in various countries and shortage of labor have temporarily suspended the manufacturing of advanced materials. Dearth of raw materials and disrupted supply chain has affected the manufacturing of flexible pipes. HDPE segment dominated the market: By raw material, the HDPE segment held the largest share in 2019, accounting for nearly two-fifths of the global flexible pipe market. However, the PVDF segment is projected to register the highest CAGRof 5.1% during the forecast period, as it has the characteristic stability of fluoropolymers when exposed to harsh thermal, chemical, and ultraviolet environments while retaining the properties of a conventional thermoplastic material. Onshore segment to garner highest CAGR through 2027: By application, the onshore segment is projected to portray the highest CAGR of 4.7% during the study period, due to high demand for flexible pipe in onshore extraction and processing activities that involves several flammable gases, chemicals, and materials. However, the offshore segment held the largest share in 2019, contributing to more than half of the global flexible pipe market. Flexible pipe helps in drilling activities in water which makes it reliable and safe choice in offshore applications. Get Detailed COVID-19 Impact Analysis on the Flexible Pipes Market @ https://www.alliedmarketresearch.com/request-for-customization/6904?reqfor=covid North America held largest share: By region, the global flexible pipe market across North America held the lion's share in 2019, accounting for more than one-third of the market, owing to presence of large number of corporations in the region and creased activities in oil & gas industry and energy transmission. However, the market across Asia-Pacific is anticipated to register the highest CAGR of 5.1% during the forecast period, due to expansion in the oil and gas industry and highest number of patents files by countries such as China, Japan, Australia, and South Korea. Major market players Baker Hughes Company National Oilwell Varco, Inc. FlexSteel Pipeline Technologies, Inc. Magma Global Ltd. Pipelife Nederland B.V. Shawcor Ltd. Technip FMC Plc. Airborne Oil & Gas B.V. ContiTech AG Prysmian Group Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/purchase-enquiry/6904 Avenue Basic Plan | Library Access | 1 Year Subscription | Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Get more information: https://www.alliedmarketresearch.com/library-access Similar Reports: HDPE Pipes Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025 Technical Ceramics Market: Global Opportunity Analysis and Industry Forecast, 20192026 3D Printing Metal Market: Global Opportunity Analysis and Industry Forecast, 20192026 Conductive Polymer Market: 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 in Portland, 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: David Correa5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesUSA/Canada (Toll Free):1-800-792-5285, 1-503-894-6022, 1-503-446-1141UK:+44-845-528-1300Hong Kong:+852-301-84916India (Pune):+91-20-66346060Fax:+1(855)550-5975[emailprotected] Web:https://www.alliedmarketresearch.com Follow Us on LinkedIn:https://www.linkedin.com/company/allied-market-research SOURCE Allied Market Research
Answer: | Flexible Pipes Market to Garner $1.2 Billion, Globally, by 2027 at 4.7% CAGR, Says Allied Market Research Technological advancements in drilling activities drive the growth of the global flexible pipe market | PORTLAND, Oregon, July 7, 2020 /PRNewswire/ -- Allied Market Research recently published a report, "Global Flexible Pipes Market by Raw Material (High-density Polyethylene, Polyamide, Polyvinylidene Fluoride, and Others) and Application (Onshore and Offshore): Global Opportunity Analysis and Industry Forecast, 20202027". According to the report, the global flexible pipe industry was pegged at $0.8 billion in 2019, and is projected to reach $1.2 billion by 2027, growing at a CAGR of 4.7% from 2020 to 2027. Drivers, opportunities, and restraints: Technological advancements in drilling activities drive the growth of the global flexible pipe market. However, stringent regulation in the oil & gas industry hampers the market. On the contrary, surge in exploration of horizontal wells is expected to create lucrative opportunities for the market players in the coming future. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6904 COVID-19 scenario: The outbreak of COVID-19 has greatly affected the global flexible pipe market. Lockdown in various countries and shortage of labor have temporarily suspended the manufacturing of advanced materials. Dearth of raw materials and disrupted supply chain has affected the manufacturing of flexible pipes. HDPE segment dominated the market: By raw material, the HDPE segment held the largest share in 2019, accounting for nearly two-fifths of the global flexible pipe market. However, the PVDF segment is projected to register the highest CAGRof 5.1% during the forecast period, as it has the characteristic stability of fluoropolymers when exposed to harsh thermal, chemical, and ultraviolet environments while retaining the properties of a conventional thermoplastic material. Onshore segment to garner highest CAGR through 2027: By application, the onshore segment is projected to portray the highest CAGR of 4.7% during the study period, due to high demand for flexible pipe in onshore extraction and processing activities that involves several flammable gases, chemicals, and materials. However, the offshore segment held the largest share in 2019, contributing to more than half of the global flexible pipe market. Flexible pipe helps in drilling activities in water which makes it reliable and safe choice in offshore applications. Get Detailed COVID-19 Impact Analysis on the Flexible Pipes Market @ https://www.alliedmarketresearch.com/request-for-customization/6904?reqfor=covid North America held largest share: By region, the global flexible pipe market across North America held the lion's share in 2019, accounting for more than one-third of the market, owing to presence of large number of corporations in the region and creased activities in oil & gas industry and energy transmission. However, the market across Asia-Pacific is anticipated to register the highest CAGR of 5.1% during the forecast period, due to expansion in the oil and gas industry and highest number of patents files by countries such as China, Japan, Australia, and South Korea. Major market players Baker Hughes Company National Oilwell Varco, Inc. FlexSteel Pipeline Technologies, Inc. Magma Global Ltd. Pipelife Nederland B.V. Shawcor Ltd. Technip FMC Plc. Airborne Oil & Gas B.V. ContiTech AG Prysmian Group Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/purchase-enquiry/6904 Avenue Basic Plan | Library Access | 1 Year Subscription | Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Get more information: https://www.alliedmarketresearch.com/library-access Similar Reports: HDPE Pipes Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025 Technical Ceramics Market: Global Opportunity Analysis and Industry Forecast, 20192026 3D Printing Metal Market: Global Opportunity Analysis and Industry Forecast, 20192026 Conductive Polymer Market: 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 in Portland, 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: David Correa5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesUSA/Canada (Toll Free):1-800-792-5285, 1-503-894-6022, 1-503-446-1141UK:+44-845-528-1300Hong Kong:+852-301-84916India (Pune):+91-20-66346060Fax:+1(855)550-5975[emailprotected] Web:https://www.alliedmarketresearch.com Follow Us on LinkedIn:https://www.linkedin.com/company/allied-market-research SOURCE Allied Market Research |
edtsum225 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: RESTON, Va., March 19, 2020 /PRNewswire/ -- PagnatoKarp was named 2020 BEST MULTI-FAMILY OFFICE ($2.5B to $5B AUA/AUM) at the 7th annual FAMILY WEALTH REPORT Awards. One of four firms to be shortlisted in the category, PagnatoKarp earned the coveted top award in the competitive family office space. The firm has $4.8 billion assets under advisement and is frequently ranked on top wealth advisor lists by Barron's and Forbes, as well as being a Best Place to Work. "We are laser focused on helping protect and empower our clients each and every day, especially during volatile times," says Paul Pagnato, CEO Founder at PagnatoKarp. "This prestigious award showcases the incredible teamwork from our firm, partners, and advisors as we continue to provide innovation and leadership to the families we serve." Showcasing 'best of breed' providers in the global private banking, wealth management and trusted advisor communities, the Family Wealth Report Awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have 'demonstrated innovation and excellence during 2019'. According to FWR, these awards recognize the very best in the private client industry, with 'independence', 'integrity' and 'genuine insight', the watchwords of the judging process - such that the awards truly reflect excellence in wealth management. Stephen Harris, CEO of ClearView Financial Media and Publisher of WealthBriefing, was first to extend his congratulations to all the winners. He said: "The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants' submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature." PagnatoKarp was previously named 2018 Best Multi-Family Office (New Entrant) and was a 2019 Finalist in the $2.5B to $5B AUM/AUA category. The firm is also a 2020 Best Place to Work in Virginia. Paul Pagnato is ranked #1 in Northern Virginia on Forbes 2020 Top Wealth Advisors and #2 in Virginia on 2019 Barron's Top 1,200 Financial Advisors: State-by-State.Paul Pagnato is also author of the upcoming book Transparency Wave: Exponential Changes That Will Transform Our World. About PagnatoKarpWith $4.8 billion assets under advisement, PagnatoKarpspecializes in Intelligent Wealth Management for CEO Founders, entrepreneurs, wealth creators and ultra-high-net-worth families. With True Fiduciary standards of transparency, we embrace the legal obligation to put your interests first while focusing on asset protection, cash flow, and opportunities. Frequently ranked on top financial advisor lists by Barron's and Forbes, and a Virginia Best Place to Work, PagnatoKarp's goal is to simplify and elevate your life so you have more time to spend on what matters to you most. Contact: Cathy RiederDirector, Client Experience & BrandingPagnatoKarp703-468-2733 SOURCE PagnatoKarp Related Links http://www.pagnatokarp.com
Answer: | PagnatoKarp Named Best Multi-Family Office ($2.5B to $5B AUM/AUA) at 2020 FWR Awards | RESTON, Va., March 19, 2020 /PRNewswire/ -- PagnatoKarp was named 2020 BEST MULTI-FAMILY OFFICE ($2.5B to $5B AUA/AUM) at the 7th annual FAMILY WEALTH REPORT Awards. One of four firms to be shortlisted in the category, PagnatoKarp earned the coveted top award in the competitive family office space. The firm has $4.8 billion assets under advisement and is frequently ranked on top wealth advisor lists by Barron's and Forbes, as well as being a Best Place to Work. "We are laser focused on helping protect and empower our clients each and every day, especially during volatile times," says Paul Pagnato, CEO Founder at PagnatoKarp. "This prestigious award showcases the incredible teamwork from our firm, partners, and advisors as we continue to provide innovation and leadership to the families we serve." Showcasing 'best of breed' providers in the global private banking, wealth management and trusted advisor communities, the Family Wealth Report Awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have 'demonstrated innovation and excellence during 2019'. According to FWR, these awards recognize the very best in the private client industry, with 'independence', 'integrity' and 'genuine insight', the watchwords of the judging process - such that the awards truly reflect excellence in wealth management. Stephen Harris, CEO of ClearView Financial Media and Publisher of WealthBriefing, was first to extend his congratulations to all the winners. He said: "The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants' submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature." PagnatoKarp was previously named 2018 Best Multi-Family Office (New Entrant) and was a 2019 Finalist in the $2.5B to $5B AUM/AUA category. The firm is also a 2020 Best Place to Work in Virginia. Paul Pagnato is ranked #1 in Northern Virginia on Forbes 2020 Top Wealth Advisors and #2 in Virginia on 2019 Barron's Top 1,200 Financial Advisors: State-by-State.Paul Pagnato is also author of the upcoming book Transparency Wave: Exponential Changes That Will Transform Our World. About PagnatoKarpWith $4.8 billion assets under advisement, PagnatoKarpspecializes in Intelligent Wealth Management for CEO Founders, entrepreneurs, wealth creators and ultra-high-net-worth families. With True Fiduciary standards of transparency, we embrace the legal obligation to put your interests first while focusing on asset protection, cash flow, and opportunities. Frequently ranked on top financial advisor lists by Barron's and Forbes, and a Virginia Best Place to Work, PagnatoKarp's goal is to simplify and elevate your life so you have more time to spend on what matters to you most. Contact: Cathy RiederDirector, Client Experience & BrandingPagnatoKarp703-468-2733 SOURCE PagnatoKarp Related Links http://www.pagnatokarp.com |
edtsum226 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TSXV:OIII |OTCQX:OIIIF - O3 Mining TORONTO, Jan. 14, 2021 /PRNewswire/ - O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF)("O3 Mining" or the "Corporation") is pleased to announce that it has entered into a definitive share purchase agreement with Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) ("Moneta"), pursuant to which it has agreed to sell its wholly-owned subsidiary, Northern Gold Mining Inc. ("Northern Gold"), in exchange for 149,507,273 common shares of Moneta ("Moneta Shares"), representing 30.1% of the outstanding Moneta Shares (the "Transaction"). Northern Gold owns 100% of the Golden Bear assets, including the Garrison gold project ("Garrison Project"), in the Kirkland Lake district of the Timmins gold mining camp in Ontario, Canada. Garrison is located adjacent to the Golden Highway Project where Moneta recently declared a mineral resource estimate of 2,144,200 ounces (oz) of indicated mineral resources and 3,335,300 oz of inferred mineral resources. The strategic consolidation of the Garrison and Golden Highway Projects under Moneta will create a leading gold development company in the prolific Timmins gold mining camp, allowing for their more systematic exploration and combined development in partnership with O3 Mining. This divestiture is part of O3 Mining's broader corporate strategy to unlock value for its shareholders and maintain exposure to the development potential of the Garrison Project while allowing the Corporation to focus its resources on advancing its core assets. Its core assets are the Marban and Alpha gold properties situated in Qubec, Canada, where it is currently working to expand its gold mineralization through an extensive 150,000-metre drilling campaign with 12 drilling rigs. Jos Vizquerra, President and CEO of O3 Mining, commented: "O3 Mining is pleased to unlock value for our shareholders through our investment in, and ongoing support of, our new partner, Moneta. This transaction will allow O3 Mining to partner in the future development of a large and long-life gold project situated in one of the world's most famous gold producing districts through the consolidation of these two projects and their respective land positions. We look forward to partnering with Moneta's management team, through our board representation and in our role as Moneta's largest shareholder, and being part of its growth story. O3 Mining aims to be a supportive partner to Moneta as it advances the Garrison and Golden Highway Projects through the formation of a joint technical committee, board representation, and its ability to participate in future financings to maintain its pro-rata ownership position." Gary O'Connor, CEO of Moneta, commented: "The partnership with O3 Mining through the acquisition of the Golden Bear assets will transform Moneta into one of the largest gold development companies in North America with a significant resource and landholding in Canada's most prolific gold mining camp. The Golden Bear assets, including the Garrison Gold deposits, are adjacent to our flagship Golden Highway project and provide significant synergies and multiple options for the development of our gold deposits. Moneta will hold approximately 4.0 million ounces of indicated gold resources and 4.4 million ounces of inferred gold resources including both high-grade bulk tonnage underground deposits and near-surface open pit resources, and access to the technical capabilities of O3 Mining team. With the completion of a proposed concurrent equity financing, Moneta will be well funded to test the expansion potential of the integrated project. We are excited about this transaction; it provides excellent value for the shareholders of both companies." Transaction Highlights Creation of a leading gold development company with 4.0 million ounces of gold (Au) in the indicated mineral resource category and 4.4 million ounces of Au in the inferred mineral resource category and mineral inventory expansion opportunities on the combined landholdings of over 20,000 hectares in the prolific Timmins gold mining camp in Ontario, Canada Partnership between O3 Mining and Moneta under an investor rights agreement and including the formation of a joint technical committee, the right of O3 to nominate two directors for election to the board of directors of Moneta, and the right to participate in future financings to maintain its pro-rata ownership position Unlocking substantial developmental and operating synergies by consolidating the Garrison and Golden Highway projects Potential starter pit at Garrison with outcropping gold resources at higher grades and a lower strip ratio The overall footprint of the facilities can be reduced as common buildings, process plant area, and tailings storage areas are combined Enhanced capital markets profile and value proposition platform for further district consolidation opportunities Creation of a district-scale mining company under Moneta with enhanced critical mass which can command greater financial support from institutions to facilitate the execution of its business plan. Transaction Terms The Transaction is subject to the approval of Moneta's shareholders at a special meeting expected to be held in April 2021. In addition, the Transaction is subject to the receipt of certain regulatory and stock exchange approvals and other customary closing conditions for a transaction of this nature. The Agreement includes, among other things, customary mutual non-solicitation provisions, a "fiduciary out" provision of Moneta, a right to match superior proposals by O3 Mining and a C$1.42 million termination fee payable by Moneta to O3 Mining under certain circumstances. Concurrent with closing of the Transaction, O3 Mining and Moneta will enter into an investor rights agreement (the "Investor Rights Agreement") pursuant to which the board of directors of Moneta will be reconstituted to consist of eight individuals, with O3 Mining entitled to nominate two directors and one newly appointed independent director to be agreed upon by the parties. Additionally, for a period of two years, O3 Mining shall have the right to nominate two nominees for election as directors of Moneta and, thereafter, for so long as O3 Mining holds greater than * 25% of the issued and outstanding Moneta Shares, O3 Mining shall have the right to nominate two nominees for election as directors of Moneta, and (y) 10% of the issued and outstanding Moneta Shares, O3 Mining shall have the right to nominate one nominee for election as a director of Moneta. The Investor Rights Agreement includes, among other things, pre-emptive and top-up rights in favour of O3 Mining, a 24-month standstill provision in favour of Moneta, and certain other restrictions in respect of O3 Mining's dealings in Moneta Shares (including a prohibition from selling the Moneta Shares held by O3 Mining until December 31, 2022). The directors of Moneta, collectively holding approximately 16.5% of the outstanding Moneta Shares, have entered into voting support agreements and have agreed to vote in favour of the Transaction, subject to certain exceptions. Moneta also intends to consolidate its share capital on a 6:1 basis, subject to the receipt of all necessary approvals, on closing of the Transaction. Moneta Financing In connection with the Transaction, Moneta will raise approxiamately C$20 million in equity, including the C$17 million Bought Deal Offering, as further described below. Moneta entered into an agreement with Paradigm Capital Inc. ("Paradigm") and Dundee Goodman Merchant Partners ("Dundee"), on behalf of a syndicate of underwriters (collectively, with Paradigm and Dundee, the "Underwriters"), in connection with a "bought deal" private placement offering (the "Bought Deal Offering") for aggregate gross proceeds of approximately C$17 million. The Bought Deal Offering will consist of 30,435,000 common shares of Moneta that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of C$0.46 per Flow-Through Share and 9,375,000 common shares of Moneta ("Hard Dollar Shares") at a price of C$0.32 per Hard Dollar Share. In addition, Moneta has granted the Underwriters an option, exercisable in whole or in part up to 48 hours prior to the closing of the Bought Deal Offering, to purchase that number of additional Flow-Through Shares and/or Hard Dollar Shares on the same terms described above for additional aggregate gross proceeds of up to approximately C$2.55 million. Concurrent with the Bought Deal Offering, Moneta will also undertake a non-brokered private placement (together with the Bought Deal Offering, the "Offerings") of subscription receipts of Moneta (the "Subscription Receipts"), at a price of C$0.32 per Subscription Receipt, for gross proceeds of up to C$3 million. In conjunction with the closing of the Transaction, each Subscription Receipt will be exchanged for one Moneta Share. Moneta will use an amount equal to the gross proceeds from the sale of the Flow-Through Shares, pursuant to the provisions in the Income Tax Act (Canada), to incur or be deemed to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on future and current properties of Moneta or a subsidiary thereof on or before December 31, 2022, and to renounce all the Qualifying Expenditures in favour of the subscribers of the Flow-Through Shares effective on or before December 31, 2021. The proceeds from the sale of the Hard Dollar Shares and Subscription Receipts will be used for exploration and development activities on future and current properties of Moneta or a subsidiary thereof and for general corporate purposes. Completion of the Transaction is not contingent on completion of the Offerings and completion of the Bought Deal Offering is not contingent on completion of the Transaction. The Offerings are subject to the satisfaction of certain conditions, including receipt of all applicable regulatory approvals including the approval of the Toronto Stock Exchange. The securities to be issued under the Offerings will have a hold period of four months and one day from the applicable closing date in accordance with applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Advisors O3 Mining has engaged Sprott Capital Partners LP as its financial advisor and Bennett Jones LLP as its legal counsel. Moneta has engaged Maxit Capital LP as its financial advisor and Stikeman Elliott LLP as its legal counsel. Conference call Moneta's management will host a conference call to discuss the Garrison transaction on Thursday January 14, 2021 at 11:00 a.m. (Eastern time). O3 Mining's President and CEO, JosVizquerra, and Moneta's CEO, Gary O'Connor, will participate in this conference call. Conference call number Toll Free Dial-In Number: (833) 772-0367International Dial-In Number: (343) 761-2596 Webcast Link https://onlinexperiences.com/Launch/QReg/ShowUUID=9233F573-2D68-4C1A-9191-A13B5FABEFEF About O3 Mining Inc. O3 Mining, which forms part of the Osisko Group of companies, is a mine development and emerging consolidator of exploration properties in prospective gold camps in Canada - focused on projects in Qubec and Ontario with a goal of becoming a multi-million ounce, high-growth company. O3 Mining is well-capitalized and holds a 100% interest in properties in Qubec (133,557 hectares). The Corporation controls 66,064 hectares in Val-d'Or and over 50 kilometres of strike length of the Cadillac-Larder Lake Fault. O3 Mining also has a portfolio of assets in the Chibougamau region of Qubec. About Moneta Moneta's land package in the Timmins Gold Camp covers 12,742 hectares (ha) including six gold projects plus a joint venture with Kirkland Lake Gold Corporation (TSX: KL) covering 4,334 ha. Moneta's flagship project, Golden Highway Gold Project is located 100 km east of Timmins and hosts a total indicated resource of 2,145,000 ounces gold contained within 55.3 Mt @ 1.21 g/t Au and a total of 3,337,000 ounces gold contained within 49.7 Mt @ 2.09 g/t Au in the inferred category at a 2.60 g/t Au at South West, 3.00 g/t Au cut-off for the other underground deposits and 0.30 g/t Au for the open pit deposits. The project includes a total of 1,512,000 ounces of open pit indicated resources contained within 50.5 Mt @ 0.93 g/t Au and 1,207,000 ounces of open pit inferred resources contained within 34.0 Mt @ 1.10 g/t Au. The project also includes 632,000 ounces of indicated underground resources contained within 4.9 Mt @ 4.05 g/t Au and 2,128,000 ounces of inferred underground resources within 15.7 Mt @ 4.21 g/t Au. The open-pit resources and new underground discoveries have not yet been subjected to a preliminary economic assessment study at Golden Highway. The Garrison Project hosts a total indicated resource of 1,822,000 ounces gold contained within 66.3 Mt @ 0.86 g/t Au and a total of 1,062,000 ounces gold contained within 45.3 Mt @ 0.73 g/t Au in the inferred category. Qualified Person The scientific and technical content in this news release has been reviewed and approved by Mr. Louis Gariepy. (OIQ #107538), VP Exploration, who is a "qualified person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. The information in this news release about the transaction; and any other information herein that is not a historical fact may be "forward-looking information". Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the restart of operations; further steps that might be taken to mitigate the spread of COVID-19; the impact of COVID-19 related disruptions in relation to the Corporation's business operations including upon its employees, suppliers, facilities and other stakeholders; uncertainties and risk that have arisen and may arise in relation to travel, and other financial market and social impacts from COVID-19 and responses to COVID 19. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Corporation nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Corporation does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. SOURCE O3 Mining Inc.
Answer: | O3 Mining Announces Sale Of Garrison Project and Partnership with Moneta Porcupine to Develop Timmins Gold Camp | TSXV:OIII |OTCQX:OIIIF - O3 Mining TORONTO, Jan. 14, 2021 /PRNewswire/ - O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF)("O3 Mining" or the "Corporation") is pleased to announce that it has entered into a definitive share purchase agreement with Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) ("Moneta"), pursuant to which it has agreed to sell its wholly-owned subsidiary, Northern Gold Mining Inc. ("Northern Gold"), in exchange for 149,507,273 common shares of Moneta ("Moneta Shares"), representing 30.1% of the outstanding Moneta Shares (the "Transaction"). Northern Gold owns 100% of the Golden Bear assets, including the Garrison gold project ("Garrison Project"), in the Kirkland Lake district of the Timmins gold mining camp in Ontario, Canada. Garrison is located adjacent to the Golden Highway Project where Moneta recently declared a mineral resource estimate of 2,144,200 ounces (oz) of indicated mineral resources and 3,335,300 oz of inferred mineral resources. The strategic consolidation of the Garrison and Golden Highway Projects under Moneta will create a leading gold development company in the prolific Timmins gold mining camp, allowing for their more systematic exploration and combined development in partnership with O3 Mining. This divestiture is part of O3 Mining's broader corporate strategy to unlock value for its shareholders and maintain exposure to the development potential of the Garrison Project while allowing the Corporation to focus its resources on advancing its core assets. Its core assets are the Marban and Alpha gold properties situated in Qubec, Canada, where it is currently working to expand its gold mineralization through an extensive 150,000-metre drilling campaign with 12 drilling rigs. Jos Vizquerra, President and CEO of O3 Mining, commented: "O3 Mining is pleased to unlock value for our shareholders through our investment in, and ongoing support of, our new partner, Moneta. This transaction will allow O3 Mining to partner in the future development of a large and long-life gold project situated in one of the world's most famous gold producing districts through the consolidation of these two projects and their respective land positions. We look forward to partnering with Moneta's management team, through our board representation and in our role as Moneta's largest shareholder, and being part of its growth story. O3 Mining aims to be a supportive partner to Moneta as it advances the Garrison and Golden Highway Projects through the formation of a joint technical committee, board representation, and its ability to participate in future financings to maintain its pro-rata ownership position." Gary O'Connor, CEO of Moneta, commented: "The partnership with O3 Mining through the acquisition of the Golden Bear assets will transform Moneta into one of the largest gold development companies in North America with a significant resource and landholding in Canada's most prolific gold mining camp. The Golden Bear assets, including the Garrison Gold deposits, are adjacent to our flagship Golden Highway project and provide significant synergies and multiple options for the development of our gold deposits. Moneta will hold approximately 4.0 million ounces of indicated gold resources and 4.4 million ounces of inferred gold resources including both high-grade bulk tonnage underground deposits and near-surface open pit resources, and access to the technical capabilities of O3 Mining team. With the completion of a proposed concurrent equity financing, Moneta will be well funded to test the expansion potential of the integrated project. We are excited about this transaction; it provides excellent value for the shareholders of both companies." Transaction Highlights Creation of a leading gold development company with 4.0 million ounces of gold (Au) in the indicated mineral resource category and 4.4 million ounces of Au in the inferred mineral resource category and mineral inventory expansion opportunities on the combined landholdings of over 20,000 hectares in the prolific Timmins gold mining camp in Ontario, Canada Partnership between O3 Mining and Moneta under an investor rights agreement and including the formation of a joint technical committee, the right of O3 to nominate two directors for election to the board of directors of Moneta, and the right to participate in future financings to maintain its pro-rata ownership position Unlocking substantial developmental and operating synergies by consolidating the Garrison and Golden Highway projects Potential starter pit at Garrison with outcropping gold resources at higher grades and a lower strip ratio The overall footprint of the facilities can be reduced as common buildings, process plant area, and tailings storage areas are combined Enhanced capital markets profile and value proposition platform for further district consolidation opportunities Creation of a district-scale mining company under Moneta with enhanced critical mass which can command greater financial support from institutions to facilitate the execution of its business plan. Transaction Terms The Transaction is subject to the approval of Moneta's shareholders at a special meeting expected to be held in April 2021. In addition, the Transaction is subject to the receipt of certain regulatory and stock exchange approvals and other customary closing conditions for a transaction of this nature. The Agreement includes, among other things, customary mutual non-solicitation provisions, a "fiduciary out" provision of Moneta, a right to match superior proposals by O3 Mining and a C$1.42 million termination fee payable by Moneta to O3 Mining under certain circumstances. Concurrent with closing of the Transaction, O3 Mining and Moneta will enter into an investor rights agreement (the "Investor Rights Agreement") pursuant to which the board of directors of Moneta will be reconstituted to consist of eight individuals, with O3 Mining entitled to nominate two directors and one newly appointed independent director to be agreed upon by the parties. Additionally, for a period of two years, O3 Mining shall have the right to nominate two nominees for election as directors of Moneta and, thereafter, for so long as O3 Mining holds greater than * 25% of the issued and outstanding Moneta Shares, O3 Mining shall have the right to nominate two nominees for election as directors of Moneta, and (y) 10% of the issued and outstanding Moneta Shares, O3 Mining shall have the right to nominate one nominee for election as a director of Moneta. The Investor Rights Agreement includes, among other things, pre-emptive and top-up rights in favour of O3 Mining, a 24-month standstill provision in favour of Moneta, and certain other restrictions in respect of O3 Mining's dealings in Moneta Shares (including a prohibition from selling the Moneta Shares held by O3 Mining until December 31, 2022). The directors of Moneta, collectively holding approximately 16.5% of the outstanding Moneta Shares, have entered into voting support agreements and have agreed to vote in favour of the Transaction, subject to certain exceptions. Moneta also intends to consolidate its share capital on a 6:1 basis, subject to the receipt of all necessary approvals, on closing of the Transaction. Moneta Financing In connection with the Transaction, Moneta will raise approxiamately C$20 million in equity, including the C$17 million Bought Deal Offering, as further described below. Moneta entered into an agreement with Paradigm Capital Inc. ("Paradigm") and Dundee Goodman Merchant Partners ("Dundee"), on behalf of a syndicate of underwriters (collectively, with Paradigm and Dundee, the "Underwriters"), in connection with a "bought deal" private placement offering (the "Bought Deal Offering") for aggregate gross proceeds of approximately C$17 million. The Bought Deal Offering will consist of 30,435,000 common shares of Moneta that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of C$0.46 per Flow-Through Share and 9,375,000 common shares of Moneta ("Hard Dollar Shares") at a price of C$0.32 per Hard Dollar Share. In addition, Moneta has granted the Underwriters an option, exercisable in whole or in part up to 48 hours prior to the closing of the Bought Deal Offering, to purchase that number of additional Flow-Through Shares and/or Hard Dollar Shares on the same terms described above for additional aggregate gross proceeds of up to approximately C$2.55 million. Concurrent with the Bought Deal Offering, Moneta will also undertake a non-brokered private placement (together with the Bought Deal Offering, the "Offerings") of subscription receipts of Moneta (the "Subscription Receipts"), at a price of C$0.32 per Subscription Receipt, for gross proceeds of up to C$3 million. In conjunction with the closing of the Transaction, each Subscription Receipt will be exchanged for one Moneta Share. Moneta will use an amount equal to the gross proceeds from the sale of the Flow-Through Shares, pursuant to the provisions in the Income Tax Act (Canada), to incur or be deemed to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on future and current properties of Moneta or a subsidiary thereof on or before December 31, 2022, and to renounce all the Qualifying Expenditures in favour of the subscribers of the Flow-Through Shares effective on or before December 31, 2021. The proceeds from the sale of the Hard Dollar Shares and Subscription Receipts will be used for exploration and development activities on future and current properties of Moneta or a subsidiary thereof and for general corporate purposes. Completion of the Transaction is not contingent on completion of the Offerings and completion of the Bought Deal Offering is not contingent on completion of the Transaction. The Offerings are subject to the satisfaction of certain conditions, including receipt of all applicable regulatory approvals including the approval of the Toronto Stock Exchange. The securities to be issued under the Offerings will have a hold period of four months and one day from the applicable closing date in accordance with applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Advisors O3 Mining has engaged Sprott Capital Partners LP as its financial advisor and Bennett Jones LLP as its legal counsel. Moneta has engaged Maxit Capital LP as its financial advisor and Stikeman Elliott LLP as its legal counsel. Conference call Moneta's management will host a conference call to discuss the Garrison transaction on Thursday January 14, 2021 at 11:00 a.m. (Eastern time). O3 Mining's President and CEO, JosVizquerra, and Moneta's CEO, Gary O'Connor, will participate in this conference call. Conference call number Toll Free Dial-In Number: (833) 772-0367International Dial-In Number: (343) 761-2596 Webcast Link https://onlinexperiences.com/Launch/QReg/ShowUUID=9233F573-2D68-4C1A-9191-A13B5FABEFEF About O3 Mining Inc. O3 Mining, which forms part of the Osisko Group of companies, is a mine development and emerging consolidator of exploration properties in prospective gold camps in Canada - focused on projects in Qubec and Ontario with a goal of becoming a multi-million ounce, high-growth company. O3 Mining is well-capitalized and holds a 100% interest in properties in Qubec (133,557 hectares). The Corporation controls 66,064 hectares in Val-d'Or and over 50 kilometres of strike length of the Cadillac-Larder Lake Fault. O3 Mining also has a portfolio of assets in the Chibougamau region of Qubec. About Moneta Moneta's land package in the Timmins Gold Camp covers 12,742 hectares (ha) including six gold projects plus a joint venture with Kirkland Lake Gold Corporation (TSX: KL) covering 4,334 ha. Moneta's flagship project, Golden Highway Gold Project is located 100 km east of Timmins and hosts a total indicated resource of 2,145,000 ounces gold contained within 55.3 Mt @ 1.21 g/t Au and a total of 3,337,000 ounces gold contained within 49.7 Mt @ 2.09 g/t Au in the inferred category at a 2.60 g/t Au at South West, 3.00 g/t Au cut-off for the other underground deposits and 0.30 g/t Au for the open pit deposits. The project includes a total of 1,512,000 ounces of open pit indicated resources contained within 50.5 Mt @ 0.93 g/t Au and 1,207,000 ounces of open pit inferred resources contained within 34.0 Mt @ 1.10 g/t Au. The project also includes 632,000 ounces of indicated underground resources contained within 4.9 Mt @ 4.05 g/t Au and 2,128,000 ounces of inferred underground resources within 15.7 Mt @ 4.21 g/t Au. The open-pit resources and new underground discoveries have not yet been subjected to a preliminary economic assessment study at Golden Highway. The Garrison Project hosts a total indicated resource of 1,822,000 ounces gold contained within 66.3 Mt @ 0.86 g/t Au and a total of 1,062,000 ounces gold contained within 45.3 Mt @ 0.73 g/t Au in the inferred category. Qualified Person The scientific and technical content in this news release has been reviewed and approved by Mr. Louis Gariepy. (OIQ #107538), VP Exploration, who is a "qualified person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. The information in this news release about the transaction; and any other information herein that is not a historical fact may be "forward-looking information". Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the restart of operations; further steps that might be taken to mitigate the spread of COVID-19; the impact of COVID-19 related disruptions in relation to the Corporation's business operations including upon its employees, suppliers, facilities and other stakeholders; uncertainties and risk that have arisen and may arise in relation to travel, and other financial market and social impacts from COVID-19 and responses to COVID 19. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Corporation nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Corporation does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. SOURCE O3 Mining Inc. |
edtsum227 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: KANSAS CITY, Mo.--(BUSINESS WIRE)--SafetyCulture, the worlds leading platform for workplace safety and quality, has released findings detailing workers' likelihood to speak up about COVID-19 safety in US workplaces. More than one in four males (27%) and only one in five females (20%) who will be returning to their place of work are unlikely to ask a colleague or boss to put on a mask, wash their hands or distance themselves, according to the national survey conducted by YouGov and SafetyCulture of over 2,500 adults*. Millennials are most likely to comment on safety concerns and measures over Gen Z, Gen X, and Baby Boomers. When it comes to work meetings, more than one in five (22%) are unlikely to speak up if the room is deemed overcapacity. Although October 2020 was a month of frightening COVID-19 records, over eight in 10 (81%) of these workers are confident that their workplace has or will take the appropriate actions to put safety checks in place for a safe return to the office. Key findings from the survey also include: Safe workplaces will win the war for talent The majority of these workers agree that their trust and confidence in a workplace would increase with certain safety measures put in place, including: Bob Butler, General Manager, Americas, SafetyCulture, cautions against a top-down approach to safety in workplaces: Companies which will survive and thrive today are those which proactively lean into challenges, encourage employee feedback, and take ownership of risks. They build visibility across their workplace through real-time data capture, and they empower all workers to have a voice when it comes to safety. Organizations must actively encourage employees of all levels to speak up when something raises a concern in the workplace. Everyone needs to take responsibility to create a genuine culture of safety, from the frontline to senior management. One way of doing this is by investing in the right tools that enable employees to be the eyes and ears of the organization, Butler said. To help businesses prepare for 2021, SafetyCulture is bringing together an international lineup of high profile personalities to reveal key lessons targeted to business operators for a free virtual event: SafetyCulture Summit 2020: From Surviving to Thriving. The November 18 event will explore adaptation and innovation and how businesses can capitalize on recent shifts in business operations to grow rapidly into 2021. Last month, SafetyCulture partnered with the Society for Human Resources Management (SHRM) to raise safety standards across US workplaces. The partnership will support 300,000 HR and business leaders to effectively manage risk in the face of COVID-19. Already, more than 75,000 people worldwide are using SafetyCultures iAuditor app to complete daily COVID-19 inspections. In August, iAuditor was announced as Best SaaS (Software as a Service) for Health and Safety or Risk Management in the international 2020 SaaS Awards, which celebrate excellence in software. *Methodology: This survey has been conducted using an online interview administered to members of the YouGov Plc panel of individuals who have agreed to take part in surveys. All figures, unless otherwise stated, are from YouGov Plc. The total sample size was 2578 adults, 802 of which were employed adults who are or will be returning to their place of work. Fieldwork was undertaken between 23rd - 27th October 2020. The survey was carried out online. The figures have been weighted and are representative of all US adults (aged 18+). About SafetyCulture SafetyCulture is a global technology company that supports businesses to do their best work every day. Its adaptive, mobile-first products help to streamline operations and foster high performing, safer workplaces. Its flagship product, iAuditor, is used by more than 26,000 organizations in nearly every industry to optimize processes and performance. The technology empowers teams to perform checks, report issues, collect on-the-ground data, and communicate fluidly. In 2020, iAuditor was named winner of Best SaaS for Health and Safety or Risk Management at the SaaS Awards.
Answer: | 1 In 4 American Workers Hesitant to Ask Their Boss to Wear a Mask or Stay Socially Distant Nationwide YouGov & SafetyCulture Survey Assesses Employee Reluctance to Speak to Supervisors & Coworkers About COVID-19 Safety Behavior in the Workplace | KANSAS CITY, Mo.--(BUSINESS WIRE)--SafetyCulture, the worlds leading platform for workplace safety and quality, has released findings detailing workers' likelihood to speak up about COVID-19 safety in US workplaces. More than one in four males (27%) and only one in five females (20%) who will be returning to their place of work are unlikely to ask a colleague or boss to put on a mask, wash their hands or distance themselves, according to the national survey conducted by YouGov and SafetyCulture of over 2,500 adults*. Millennials are most likely to comment on safety concerns and measures over Gen Z, Gen X, and Baby Boomers. When it comes to work meetings, more than one in five (22%) are unlikely to speak up if the room is deemed overcapacity. Although October 2020 was a month of frightening COVID-19 records, over eight in 10 (81%) of these workers are confident that their workplace has or will take the appropriate actions to put safety checks in place for a safe return to the office. Key findings from the survey also include: Safe workplaces will win the war for talent The majority of these workers agree that their trust and confidence in a workplace would increase with certain safety measures put in place, including: Bob Butler, General Manager, Americas, SafetyCulture, cautions against a top-down approach to safety in workplaces: Companies which will survive and thrive today are those which proactively lean into challenges, encourage employee feedback, and take ownership of risks. They build visibility across their workplace through real-time data capture, and they empower all workers to have a voice when it comes to safety. Organizations must actively encourage employees of all levels to speak up when something raises a concern in the workplace. Everyone needs to take responsibility to create a genuine culture of safety, from the frontline to senior management. One way of doing this is by investing in the right tools that enable employees to be the eyes and ears of the organization, Butler said. To help businesses prepare for 2021, SafetyCulture is bringing together an international lineup of high profile personalities to reveal key lessons targeted to business operators for a free virtual event: SafetyCulture Summit 2020: From Surviving to Thriving. The November 18 event will explore adaptation and innovation and how businesses can capitalize on recent shifts in business operations to grow rapidly into 2021. Last month, SafetyCulture partnered with the Society for Human Resources Management (SHRM) to raise safety standards across US workplaces. The partnership will support 300,000 HR and business leaders to effectively manage risk in the face of COVID-19. Already, more than 75,000 people worldwide are using SafetyCultures iAuditor app to complete daily COVID-19 inspections. In August, iAuditor was announced as Best SaaS (Software as a Service) for Health and Safety or Risk Management in the international 2020 SaaS Awards, which celebrate excellence in software. *Methodology: This survey has been conducted using an online interview administered to members of the YouGov Plc panel of individuals who have agreed to take part in surveys. All figures, unless otherwise stated, are from YouGov Plc. The total sample size was 2578 adults, 802 of which were employed adults who are or will be returning to their place of work. Fieldwork was undertaken between 23rd - 27th October 2020. The survey was carried out online. The figures have been weighted and are representative of all US adults (aged 18+). About SafetyCulture SafetyCulture is a global technology company that supports businesses to do their best work every day. Its adaptive, mobile-first products help to streamline operations and foster high performing, safer workplaces. Its flagship product, iAuditor, is used by more than 26,000 organizations in nearly every industry to optimize processes and performance. The technology empowers teams to perform checks, report issues, collect on-the-ground data, and communicate fluidly. In 2020, iAuditor was named winner of Best SaaS for Health and Safety or Risk Management at the SaaS Awards. |
edtsum228 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SHANGHAI, May 5, 2020 /PRNewswire/ -- Antengene Corporation (Antengene) today announced a broadened partnership and territory expansion agreement with Karyopharm Therapeutics Inc. (NASDAQ: KPTI) (Karyopharm) for development and commercialization of four oral novel drugs and drug candidates to support its mission of treating patients beyond borders. This agreement broadens Antengene's rights in the Asia Pacific region for XPOVIO (selinexor, aka ATG-010), the first-in-class selective inhibitor of nuclear export (SINE); eltanexor (ATG-016), a second-generation SINE compound; verdinexor (ATG-527), a lead compound in development for anti-viral and other non-oncology indications; and KPT-9274 (ATG-019), a dual inhibitor of PAK4 and NAMPT. In May 2018, Antengene and Karyopharm entered into a strategic collaboration for the development, manufacturing and commercialization of XPOVIO and eltanexor for all human oncology indications in mainland China and Macau; and KPT-9274 in all human oncology indications and verdinexor in human non-oncology indications in mainland China, Macau, Taiwan, Hong Kong, South Korea, and the ASEAN markets. As part of the expanded territory, Antengene has received extended rights to develop, manufacture and commercialize XPOVIO and eltanexor in Australia, New Zealand, South Korea, Taiwan, Hong Kong, and the entire ASEAN markets; KPT-9274 and verdinexor rights have also been extended to Australia and New Zealand. This expanded collaboration broadens Antengene's portfolio and geographic footprint to additional Asian markets. In July 2019, the U.S. FDA approved XPOVIOin combination with low-dose dexamethasone for the treatment of adult patients with relapsed/refractory multiple myeloma (RRMM). The data from the recently released phase 3 BOSTON trial comparing SVd to Vd in 2nd and later lines in RRMM patients, has been selected as a late-breaking abstract for oral presentation at the upcoming virtual ASCO conference later this month. Antengene is presently expanding its commercial operations to support the launch of XPOVIOin mainland China and other APAC markets; and conducting clinical trials with XPOVIOin RRMM, diffuse large B-cell lymphoma (DLBCL) and T-cell lymphomas in China. Antengene has also announced the ongoing recruitment of patients with advanced solid tumor and non-Hodgkin's lymphoma in a clinical trial with ATG-019 (KPT-9274). In addition,clinical trials of ATG-016(eltanexor) and ATG-527 (verdinexor) will be initiated in these markets in 2020. "Upon the achievement of significant regulatory and clinical milestones inmainland China and other markets in Asia, Antengene is now expanding to additional Asia Pacific markets with clinical development and commercialization. We are pleased to have expanded our collaboration and partnership with Karyopharm in developing these novel drugs for patients in Asia Pacific," said Jay Mei, MD, PhD, Chairman and Chief Executive Officer of Antengene. "This critical geographic expansion is a step in our development and commercialization strategy, and we are building aworld-classcommercial team whilecontinuing to add clinical andcommercial-stage first-in-class novel drugs to address unmet medical needs and to further expand our strong pipeline. This is a further testament to our mission of treating patients beyond borders." "We are delighted to have the opportunity to expand our very productive, efficient and results-driven collaboration with Antengene which began two years ago," said Michael G. Kauffman, MD, PhD, Chief Executive Officer of Karyopharm. "The exemplary partnership between the two companies enables Karyopharm to fulfill its mission to develop and deliver novel drug candidates to patients around the world." About XPOVIO (selinexor) XPOVIO is a first-in-class, oral Selective Inhibitor of Nuclear Export (SINE) compound. XPOVIO functions by selectively binding to and inhibiting the nuclear export protein exportin 1 (XPO1, also called CRM1). XPOVIO blocks the nuclear export of tumor suppressor, growth regulatory and anti-inflammatory proteins, leading to accumulation of these proteins in the nucleus and enhancing their anti-cancer activity in the cell. The forced nuclear retention of these proteins can counteract a multitude of the oncogenic pathways that, unchecked, allow cancer cells with severe DNA damage to continue to grow and divide in an unrestrained fashion. Karyopharm received acceleratedU.S. Food and Drug Administration(FDA) approval of XPOVIO inJuly 2019in combination with dexamethasone for the treatment of adult patients with relapsed refractory multiple myeloma (RRMM) who have received at least four prior therapies and whose disease is refractory to at least two proteasome inhibitors, at least two immunomodulatory agents, and an anti-CD38 monoclonal antibody. Karyopharm has also submitted a Marketing Authorization Application (MAA) to theEuropean Medicines Agency(EMA) with a request for conditional approval of selinexor.A supplemental New Drug Application was accepted by the FDA seeking accelerated approval for selinexor as a new treatment for patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL), and selinexor has received Fast Track and Orphan designation and Priority Review from the FDA with a scheduled PDUFA date ofJune 23, 2020for this patient population. Selinexor is also being evaluated in several other mid-and later-phase clinical trials across multiple cancer indications, including in multiple myeloma in a pivotal, randomized Phase 3 study in combination with Velcade (bortezomib) and low-dose dexamethasone (BOSTON), for which Karyopharm announced positive top-line results inMarch 2020.Additional, ongoing trials for selinexor include as a potential backbone therapy in combination with approved myeloma therapies (STOMP), in liposarcoma (SEAL) and in endometrial cancer (SIENDO), among others. Additional Phase 1, Phase 2 and Phase 3 studies are ongoing or currently planned, including multiple studies in combination with approved therapies in a variety of tumor types to further inform Karyopharm's clinical development priorities for selinexor. Additional clinical trial information for selinexor is available atwww.clinicaltrials.gov. In China, Antengene is conducting registration clinical trials in relapsed refractory multiple myeloma (MARCH) and in diffuse large B-cell lymphoma (SEARCH), and has initiated the clinical trial for the treatment of peripheral T-cells lymphoma and NK / T-cell lymphoma (TOUCH). About Eltanexor Eltanexor (ATG-016) is a second generation oral SINE compound. Eltanexor functions by binding to and inhibiting the nuclear export protein XPO1 (also called CRM1), leading to the accumulation of tumor suppressor proteins in the cell nucleus. Eltanexor has demonstrated minimal brain penetration in animals, which has been associated with reduced toxicities in preclinical studies while maintaining potent anti-tumor effects. A Phase 1/2 clinical study is currently ongoing evaluating eltanexor in myelodysplastic syndrome, colorectal cancer and castrate-resistant prostate cancer. About Verdinexor Verdinexor (ATG-527) is a first-in-class, oral Selective Inhibitor of Nuclear Export (SINE) compound being investigated across a variety of non-oncology indications in humans with an initial focus as a potential broad-spectrum treatment for viral diseases. Verdinexor functions by binding to and inhibiting the nuclear export protein XPO1 (also called CRM1), which is believed to be responsible for the movement of critical host cell and pathogen encoded cargoes across the nuclear membrane into the cytoplasm. Inhibition of this process with verdinexor results in accumulation of these cargoes in the nucleus, where they promote an anti-inflammatory state and prevent key steps in pathogen replication from occurring. Prior preclinical research showed efficacy of verdinexor in several viral models, including HIV and promising pre-clinical data has also been observed in multiple additional non-oncology indications. In a previously conducted randomized, double-blind, placebo-controlled, dose-escalating Phase 1 clinical trial in healthy human volunteers, verdinexor was found to be generally safe and well tolerated, with adverse events occurring in similar number and grade as placebo. About KPT-9274 KPT-9274 (ATG-019) is a first-in-class, orally bioavailable, small molecule immunometabolic modulator that works through non-competitive dual inhibition of p21-activated kinase 4 (PAK4) and nicotinamide phosphoribosyltransferase (NAMPT). NAMPT and NAPRT (Nicotinate Phosphoribosyltransferas) are the two main pathways for production of the NAD (nicotinamide dinucleotide). About 15-30% of all solid tumors are deficient in NAPRT, making them reliant on NAMPT for NAD production. Co-inhibition of PAK4 and NAMPT is believed to lead to synergistic anti-tumor effects through suppression of -catenin by blocking PAK4, leading to both immune cell activation and inhibition of tumor growth, blockade of DNA repair, cell cycle arrest, and energy depletion through NAMPT inhibition, and ultimately apoptosis. KPT-9274 may therefore have both immune-activating and direct antitumor effects. Tumors deficient in NAPRT may be particularly susceptible to KPT-9274's actions. In contrast, normal cells are less sensitive to inhibition by KPT-9274 due in part to their relative genomic stability and lower metabolic demands. KPT-9274 is currently being evaluated in a Phase 1 clinical study in advanced solid tumors and non-Hodgkin's lymphoma. About Antengene Antengene is a biopharmaceutical company with integrated drug discovery, clinical development, manufacturing and commercialization anchored in Asia Pacific region with global layout, aiming to provide the most advanced and first-in-class anti-cancer drugs and other treatments for patients in China, the rest of Asia and around the world. In April 2017, Celgene (now officially acquired by Bristol-Myers Squibb, and become the world's top ten pharmaceutical company after the merge), a global leading innovative biopharmaceutical company became a long-term strategic partner and obtained an equity position as an investor in Antengene. Over the past 3 years, Antengene has obtained 7 IND approvals with 6 first-in-class drugs in more than 10 ongoing cross-regional clinical trials in Asia Pacific regions, and has built a product pipeline of 12 clinical and pre-clinical stage programs. The vision of Antengene, "Treating Patients Beyond Borders", is to meet the unmet medical needs of patients in Asia Pacific regions and around the world through research & development and commercialization of first-in-class drugs. ATG-010 (selinexor) is the first oral selective inhibitor of nuclear export compound with novel mechanisms in the world. In July 2019, the U.S. FDA approved selinexor in combination with low-dose dexamethasone for the treatment of adult patients with relapsed refractory multiple myeloma. Currently, the registrational clinical trials of ATG-010 in relapsed refractory multiple myeloma (RRMM) and diffuse large B-cell lymphoma (DLBCL) is ongoing in China. The compound is also in late clinical development for various other hematologic malignancies and solid tumors. In addition, preclinical studies have shown that inhibitors of nuclear protein export can effectively treat KRAS mutant tumor, and related clinical studies is currently being conducted; ATG-008 is a second-generation dual mTORC1/2 inhibitor and is in a multi-regional clinical trial for treatment of advanced liver cancer, lung cancer, and several other tumors; ATG-016 is a second-generation oral selective inhibitor of nuclear export protein, and is currently being studied in myelodysplastic syndrome (MDS) as well as in several clinical trials of solid tumors, including colorectal cancer (CRC) and prostate cancer (PrC) ; ATG-019 is the first-in-class PAK4/NAMPT dual-target inhibitors, and is currently been studied in a number of clinical trials including non-Hodgkin's lymphoma (NHL), colorectal cancer, lung cancer, and melanoma. In addition, preclinical studies have demonstrated that ATG-019 in combination with anti-PD-1 antibodies can effectively improve the anti-tumor activity and is effective in patients who acquire resistance to anti-PD-1 therapy. Related clinical trial is about to initiate; ATG-527 is an innovative product under development for antiviral and treatment of autoimmune diseases, and has been in clinical trials conducted in Epstein-Barr virus (EBV), respiratory syncytial virus (RSV) infection, cytomegalovirus (CMV) infection and Systemic lupus erythematosus (SLE) and other related diseases; ATG-017 is a potent and selective small molecule extracellular signalregulated kinases 1 and 2 (ERK1/2) inhibitor, in clinical development for the treatment of various solid tumors, non-Hodgkin's lymphoma, acute myelocytic leukemia (AML) and multiple myeloma. In addition, the drug discovery team of Antengene focuses on the early preclinical development of multiple innovative target drugs in the fields of small molecule, monoclonal and bi-specific antibodies.For more information, please visit www.antengene.com. About Karyopharm Karyopharm Therapeutics Inc. (Nasdaq: KPTI) is an innovation driven pharmaceutical company dedicated to the discovery, development, and commercialization of novel first-in-class drugs directed against nuclear export and related targets for the treatment of cancer and other major diseases. Karyopharm's Selective Inhibitor of Nuclear Export (SINE) compounds function by binding with and inhibiting the nuclear export protein XPO1 (or CRM1). Karyopharm's lead compound, XPOVIO(selinexor), received accelerated approval from the U.S. Food and Drug Administration (FDA) in July 2019 in combination with dexamethasone as a treatment for patients with heavily pretreated multiple myeloma. A Marketing Authorization Application for selinexor is also currently under review by the European Medicines Agency. A supplemental New Drug Application was accepted by the FDA seeking accelerated approval for selinexor as a new treatment for adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL). In addition to single-agent and combination activity against a variety of human cancers, SINE compounds have also shown biological activity in models of neurodegeneration, inflammation, autoimmune disease, certain viruses and wound-healing. Karyopharm has several investigational programs in clinical or preclinical development. For more information, please visit www.karyopharm.com. SOURCE Antengene Corporation Related Links http://www.antengene.com
Answer: | Antengene Announces Expansion of Partnership with Karyopharm in Asia Pacific Markets | SHANGHAI, May 5, 2020 /PRNewswire/ -- Antengene Corporation (Antengene) today announced a broadened partnership and territory expansion agreement with Karyopharm Therapeutics Inc. (NASDAQ: KPTI) (Karyopharm) for development and commercialization of four oral novel drugs and drug candidates to support its mission of treating patients beyond borders. This agreement broadens Antengene's rights in the Asia Pacific region for XPOVIO (selinexor, aka ATG-010), the first-in-class selective inhibitor of nuclear export (SINE); eltanexor (ATG-016), a second-generation SINE compound; verdinexor (ATG-527), a lead compound in development for anti-viral and other non-oncology indications; and KPT-9274 (ATG-019), a dual inhibitor of PAK4 and NAMPT. In May 2018, Antengene and Karyopharm entered into a strategic collaboration for the development, manufacturing and commercialization of XPOVIO and eltanexor for all human oncology indications in mainland China and Macau; and KPT-9274 in all human oncology indications and verdinexor in human non-oncology indications in mainland China, Macau, Taiwan, Hong Kong, South Korea, and the ASEAN markets. As part of the expanded territory, Antengene has received extended rights to develop, manufacture and commercialize XPOVIO and eltanexor in Australia, New Zealand, South Korea, Taiwan, Hong Kong, and the entire ASEAN markets; KPT-9274 and verdinexor rights have also been extended to Australia and New Zealand. This expanded collaboration broadens Antengene's portfolio and geographic footprint to additional Asian markets. In July 2019, the U.S. FDA approved XPOVIOin combination with low-dose dexamethasone for the treatment of adult patients with relapsed/refractory multiple myeloma (RRMM). The data from the recently released phase 3 BOSTON trial comparing SVd to Vd in 2nd and later lines in RRMM patients, has been selected as a late-breaking abstract for oral presentation at the upcoming virtual ASCO conference later this month. Antengene is presently expanding its commercial operations to support the launch of XPOVIOin mainland China and other APAC markets; and conducting clinical trials with XPOVIOin RRMM, diffuse large B-cell lymphoma (DLBCL) and T-cell lymphomas in China. Antengene has also announced the ongoing recruitment of patients with advanced solid tumor and non-Hodgkin's lymphoma in a clinical trial with ATG-019 (KPT-9274). In addition,clinical trials of ATG-016(eltanexor) and ATG-527 (verdinexor) will be initiated in these markets in 2020. "Upon the achievement of significant regulatory and clinical milestones inmainland China and other markets in Asia, Antengene is now expanding to additional Asia Pacific markets with clinical development and commercialization. We are pleased to have expanded our collaboration and partnership with Karyopharm in developing these novel drugs for patients in Asia Pacific," said Jay Mei, MD, PhD, Chairman and Chief Executive Officer of Antengene. "This critical geographic expansion is a step in our development and commercialization strategy, and we are building aworld-classcommercial team whilecontinuing to add clinical andcommercial-stage first-in-class novel drugs to address unmet medical needs and to further expand our strong pipeline. This is a further testament to our mission of treating patients beyond borders." "We are delighted to have the opportunity to expand our very productive, efficient and results-driven collaboration with Antengene which began two years ago," said Michael G. Kauffman, MD, PhD, Chief Executive Officer of Karyopharm. "The exemplary partnership between the two companies enables Karyopharm to fulfill its mission to develop and deliver novel drug candidates to patients around the world." About XPOVIO (selinexor) XPOVIO is a first-in-class, oral Selective Inhibitor of Nuclear Export (SINE) compound. XPOVIO functions by selectively binding to and inhibiting the nuclear export protein exportin 1 (XPO1, also called CRM1). XPOVIO blocks the nuclear export of tumor suppressor, growth regulatory and anti-inflammatory proteins, leading to accumulation of these proteins in the nucleus and enhancing their anti-cancer activity in the cell. The forced nuclear retention of these proteins can counteract a multitude of the oncogenic pathways that, unchecked, allow cancer cells with severe DNA damage to continue to grow and divide in an unrestrained fashion. Karyopharm received acceleratedU.S. Food and Drug Administration(FDA) approval of XPOVIO inJuly 2019in combination with dexamethasone for the treatment of adult patients with relapsed refractory multiple myeloma (RRMM) who have received at least four prior therapies and whose disease is refractory to at least two proteasome inhibitors, at least two immunomodulatory agents, and an anti-CD38 monoclonal antibody. Karyopharm has also submitted a Marketing Authorization Application (MAA) to theEuropean Medicines Agency(EMA) with a request for conditional approval of selinexor.A supplemental New Drug Application was accepted by the FDA seeking accelerated approval for selinexor as a new treatment for patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL), and selinexor has received Fast Track and Orphan designation and Priority Review from the FDA with a scheduled PDUFA date ofJune 23, 2020for this patient population. Selinexor is also being evaluated in several other mid-and later-phase clinical trials across multiple cancer indications, including in multiple myeloma in a pivotal, randomized Phase 3 study in combination with Velcade (bortezomib) and low-dose dexamethasone (BOSTON), for which Karyopharm announced positive top-line results inMarch 2020.Additional, ongoing trials for selinexor include as a potential backbone therapy in combination with approved myeloma therapies (STOMP), in liposarcoma (SEAL) and in endometrial cancer (SIENDO), among others. Additional Phase 1, Phase 2 and Phase 3 studies are ongoing or currently planned, including multiple studies in combination with approved therapies in a variety of tumor types to further inform Karyopharm's clinical development priorities for selinexor. Additional clinical trial information for selinexor is available atwww.clinicaltrials.gov. In China, Antengene is conducting registration clinical trials in relapsed refractory multiple myeloma (MARCH) and in diffuse large B-cell lymphoma (SEARCH), and has initiated the clinical trial for the treatment of peripheral T-cells lymphoma and NK / T-cell lymphoma (TOUCH). About Eltanexor Eltanexor (ATG-016) is a second generation oral SINE compound. Eltanexor functions by binding to and inhibiting the nuclear export protein XPO1 (also called CRM1), leading to the accumulation of tumor suppressor proteins in the cell nucleus. Eltanexor has demonstrated minimal brain penetration in animals, which has been associated with reduced toxicities in preclinical studies while maintaining potent anti-tumor effects. A Phase 1/2 clinical study is currently ongoing evaluating eltanexor in myelodysplastic syndrome, colorectal cancer and castrate-resistant prostate cancer. About Verdinexor Verdinexor (ATG-527) is a first-in-class, oral Selective Inhibitor of Nuclear Export (SINE) compound being investigated across a variety of non-oncology indications in humans with an initial focus as a potential broad-spectrum treatment for viral diseases. Verdinexor functions by binding to and inhibiting the nuclear export protein XPO1 (also called CRM1), which is believed to be responsible for the movement of critical host cell and pathogen encoded cargoes across the nuclear membrane into the cytoplasm. Inhibition of this process with verdinexor results in accumulation of these cargoes in the nucleus, where they promote an anti-inflammatory state and prevent key steps in pathogen replication from occurring. Prior preclinical research showed efficacy of verdinexor in several viral models, including HIV and promising pre-clinical data has also been observed in multiple additional non-oncology indications. In a previously conducted randomized, double-blind, placebo-controlled, dose-escalating Phase 1 clinical trial in healthy human volunteers, verdinexor was found to be generally safe and well tolerated, with adverse events occurring in similar number and grade as placebo. About KPT-9274 KPT-9274 (ATG-019) is a first-in-class, orally bioavailable, small molecule immunometabolic modulator that works through non-competitive dual inhibition of p21-activated kinase 4 (PAK4) and nicotinamide phosphoribosyltransferase (NAMPT). NAMPT and NAPRT (Nicotinate Phosphoribosyltransferas) are the two main pathways for production of the NAD (nicotinamide dinucleotide). About 15-30% of all solid tumors are deficient in NAPRT, making them reliant on NAMPT for NAD production. Co-inhibition of PAK4 and NAMPT is believed to lead to synergistic anti-tumor effects through suppression of -catenin by blocking PAK4, leading to both immune cell activation and inhibition of tumor growth, blockade of DNA repair, cell cycle arrest, and energy depletion through NAMPT inhibition, and ultimately apoptosis. KPT-9274 may therefore have both immune-activating and direct antitumor effects. Tumors deficient in NAPRT may be particularly susceptible to KPT-9274's actions. In contrast, normal cells are less sensitive to inhibition by KPT-9274 due in part to their relative genomic stability and lower metabolic demands. KPT-9274 is currently being evaluated in a Phase 1 clinical study in advanced solid tumors and non-Hodgkin's lymphoma. About Antengene Antengene is a biopharmaceutical company with integrated drug discovery, clinical development, manufacturing and commercialization anchored in Asia Pacific region with global layout, aiming to provide the most advanced and first-in-class anti-cancer drugs and other treatments for patients in China, the rest of Asia and around the world. In April 2017, Celgene (now officially acquired by Bristol-Myers Squibb, and become the world's top ten pharmaceutical company after the merge), a global leading innovative biopharmaceutical company became a long-term strategic partner and obtained an equity position as an investor in Antengene. Over the past 3 years, Antengene has obtained 7 IND approvals with 6 first-in-class drugs in more than 10 ongoing cross-regional clinical trials in Asia Pacific regions, and has built a product pipeline of 12 clinical and pre-clinical stage programs. The vision of Antengene, "Treating Patients Beyond Borders", is to meet the unmet medical needs of patients in Asia Pacific regions and around the world through research & development and commercialization of first-in-class drugs. ATG-010 (selinexor) is the first oral selective inhibitor of nuclear export compound with novel mechanisms in the world. In July 2019, the U.S. FDA approved selinexor in combination with low-dose dexamethasone for the treatment of adult patients with relapsed refractory multiple myeloma. Currently, the registrational clinical trials of ATG-010 in relapsed refractory multiple myeloma (RRMM) and diffuse large B-cell lymphoma (DLBCL) is ongoing in China. The compound is also in late clinical development for various other hematologic malignancies and solid tumors. In addition, preclinical studies have shown that inhibitors of nuclear protein export can effectively treat KRAS mutant tumor, and related clinical studies is currently being conducted; ATG-008 is a second-generation dual mTORC1/2 inhibitor and is in a multi-regional clinical trial for treatment of advanced liver cancer, lung cancer, and several other tumors; ATG-016 is a second-generation oral selective inhibitor of nuclear export protein, and is currently being studied in myelodysplastic syndrome (MDS) as well as in several clinical trials of solid tumors, including colorectal cancer (CRC) and prostate cancer (PrC) ; ATG-019 is the first-in-class PAK4/NAMPT dual-target inhibitors, and is currently been studied in a number of clinical trials including non-Hodgkin's lymphoma (NHL), colorectal cancer, lung cancer, and melanoma. In addition, preclinical studies have demonstrated that ATG-019 in combination with anti-PD-1 antibodies can effectively improve the anti-tumor activity and is effective in patients who acquire resistance to anti-PD-1 therapy. Related clinical trial is about to initiate; ATG-527 is an innovative product under development for antiviral and treatment of autoimmune diseases, and has been in clinical trials conducted in Epstein-Barr virus (EBV), respiratory syncytial virus (RSV) infection, cytomegalovirus (CMV) infection and Systemic lupus erythematosus (SLE) and other related diseases; ATG-017 is a potent and selective small molecule extracellular signalregulated kinases 1 and 2 (ERK1/2) inhibitor, in clinical development for the treatment of various solid tumors, non-Hodgkin's lymphoma, acute myelocytic leukemia (AML) and multiple myeloma. In addition, the drug discovery team of Antengene focuses on the early preclinical development of multiple innovative target drugs in the fields of small molecule, monoclonal and bi-specific antibodies.For more information, please visit www.antengene.com. About Karyopharm Karyopharm Therapeutics Inc. (Nasdaq: KPTI) is an innovation driven pharmaceutical company dedicated to the discovery, development, and commercialization of novel first-in-class drugs directed against nuclear export and related targets for the treatment of cancer and other major diseases. Karyopharm's Selective Inhibitor of Nuclear Export (SINE) compounds function by binding with and inhibiting the nuclear export protein XPO1 (or CRM1). Karyopharm's lead compound, XPOVIO(selinexor), received accelerated approval from the U.S. Food and Drug Administration (FDA) in July 2019 in combination with dexamethasone as a treatment for patients with heavily pretreated multiple myeloma. A Marketing Authorization Application for selinexor is also currently under review by the European Medicines Agency. A supplemental New Drug Application was accepted by the FDA seeking accelerated approval for selinexor as a new treatment for adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL). In addition to single-agent and combination activity against a variety of human cancers, SINE compounds have also shown biological activity in models of neurodegeneration, inflammation, autoimmune disease, certain viruses and wound-healing. Karyopharm has several investigational programs in clinical or preclinical development. For more information, please visit www.karyopharm.com. SOURCE Antengene Corporation Related Links http://www.antengene.com |
edtsum229 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CAMBRIDGE, Mass., Oct. 14, 2020 /PRNewswire/ --According to Forrester's (NASDAQ: FORR) Future Fit approach, technology strategies that enable firms to quickly reconfigure business structures and capabilities amid ongoing uncertainty and changing business needs will drive tech innovation in the 2020s. To address future customer and employee needs, firms will need to invest in technologies that are: 1) adaptive, to reconfigure core business concepts; 2) creative, to bring emotion and engagement to customer experiences; and 3) resilient, to deliver on vision and brand promise. The Forrester report "Your Future Fit Technology Strategy: Adaptive, Creative, And Resilient" introduces a new customer-obsessed approach and investment framework to help firms become more adaptive, creative and resilient. It reimagines the classic "people-process-technology" aspects of IT in favor of three new drivers: platforms, practices, and partners. These drivers will power the scale and speed needed in the 2020s, through accelerated time-to-value; alignment around outcomes; and market advantage through more focused co-innovation partnerships. The report also highlights new funding and sourcing considerations that will redefine the tech ecosystem. The key highlights include: Future fit tech will spark innovation and spawn new startups. As organizations become more adaptive and creative, everyday work (e.g., marketing campaign planning or invoice tracking) will get automated. This new era of productivity will free workers from routine tasks to concentrate on work that helps their businesses differentiate. Open source will accelerate innovation around platforms. Open source will drive the adoption of platforms. Ecosystems of vendors that can help customers specialize and customize around verticals will spring up. Upstart vendors will upend the market with new pricing models and industry focus. There will be an emergence of upstarts catering to verticals like financial services, healthcare, and life sciences some of the dominant players in this space will move too slowly to effectively compete. Late adopter firms will outsource entire business functions and strategies to partners. Up to one-third of companies will outsource or create new joint ventures in sectors lagging in software-as-a-service adoption such as retail and insurance. A tech trade war will force firms to leverage hybrid ecosystems. Thanks to geopolitical headwinds, ecosystem partnerships, relationships, and deep integrations are not going to seamlessly crisscross the world. Tech leaders will need a hybrid of global and regional ecosystems to manage tech nationalism as they develop future fit capabilities. "The future fit technology approach is attuned to specific characteristics that firms need for future success," said Stephen Powers, VP and group director at Forrester. "These characteristics were uncovered from quantitative analysis of more than 10,000 consumer and employee survey responses, plus qualitative analysis of numerous interviews with successful tech leaders. Firms that move faster, specialize to fight commoditization, take whole problems off the hands of their clients, and help clients navigate an increasingly complex geopolitical landscape will have a competitive advantage in the next decade." Resources: Access the Forrester report, "Your Future Fit Technology Strategy: Adaptive, Creative, And Resilient" (client login required). Register for Technology & Innovation Global on November 46, 2020, to understand how you can build your future fit technology strategy. About Forrester Forrester (NASDAQ: FORR) is one of the most influential research and advisory firms in the world. We help organizations grow through customer obsession. Forrester's unique insights are grounded in annual surveys of more than 690,000 consumers and business leaders worldwide, rigorous and objective methodologies, and the shared wisdom of our most innovative clients. Through proprietary research, data and analytics, custom consulting, exclusive peer groups, certifications, and events, we are revolutionizing how businesses grow in the age of the customer; learn more at forrester.com. SOURCE Forrester Related Links www.forrester.com
Answer: | Forrester: Reimagined Platforms And Partnerships Will Reset The Pace Of Tech Investments In The 2020s Future fit strategies rooted in customer obsession will drive tech innovation. | CAMBRIDGE, Mass., Oct. 14, 2020 /PRNewswire/ --According to Forrester's (NASDAQ: FORR) Future Fit approach, technology strategies that enable firms to quickly reconfigure business structures and capabilities amid ongoing uncertainty and changing business needs will drive tech innovation in the 2020s. To address future customer and employee needs, firms will need to invest in technologies that are: 1) adaptive, to reconfigure core business concepts; 2) creative, to bring emotion and engagement to customer experiences; and 3) resilient, to deliver on vision and brand promise. The Forrester report "Your Future Fit Technology Strategy: Adaptive, Creative, And Resilient" introduces a new customer-obsessed approach and investment framework to help firms become more adaptive, creative and resilient. It reimagines the classic "people-process-technology" aspects of IT in favor of three new drivers: platforms, practices, and partners. These drivers will power the scale and speed needed in the 2020s, through accelerated time-to-value; alignment around outcomes; and market advantage through more focused co-innovation partnerships. The report also highlights new funding and sourcing considerations that will redefine the tech ecosystem. The key highlights include: Future fit tech will spark innovation and spawn new startups. As organizations become more adaptive and creative, everyday work (e.g., marketing campaign planning or invoice tracking) will get automated. This new era of productivity will free workers from routine tasks to concentrate on work that helps their businesses differentiate. Open source will accelerate innovation around platforms. Open source will drive the adoption of platforms. Ecosystems of vendors that can help customers specialize and customize around verticals will spring up. Upstart vendors will upend the market with new pricing models and industry focus. There will be an emergence of upstarts catering to verticals like financial services, healthcare, and life sciences some of the dominant players in this space will move too slowly to effectively compete. Late adopter firms will outsource entire business functions and strategies to partners. Up to one-third of companies will outsource or create new joint ventures in sectors lagging in software-as-a-service adoption such as retail and insurance. A tech trade war will force firms to leverage hybrid ecosystems. Thanks to geopolitical headwinds, ecosystem partnerships, relationships, and deep integrations are not going to seamlessly crisscross the world. Tech leaders will need a hybrid of global and regional ecosystems to manage tech nationalism as they develop future fit capabilities. "The future fit technology approach is attuned to specific characteristics that firms need for future success," said Stephen Powers, VP and group director at Forrester. "These characteristics were uncovered from quantitative analysis of more than 10,000 consumer and employee survey responses, plus qualitative analysis of numerous interviews with successful tech leaders. Firms that move faster, specialize to fight commoditization, take whole problems off the hands of their clients, and help clients navigate an increasingly complex geopolitical landscape will have a competitive advantage in the next decade." Resources: Access the Forrester report, "Your Future Fit Technology Strategy: Adaptive, Creative, And Resilient" (client login required). Register for Technology & Innovation Global on November 46, 2020, to understand how you can build your future fit technology strategy. About Forrester Forrester (NASDAQ: FORR) is one of the most influential research and advisory firms in the world. We help organizations grow through customer obsession. Forrester's unique insights are grounded in annual surveys of more than 690,000 consumers and business leaders worldwide, rigorous and objective methodologies, and the shared wisdom of our most innovative clients. Through proprietary research, data and analytics, custom consulting, exclusive peer groups, certifications, and events, we are revolutionizing how businesses grow in the age of the customer; learn more at forrester.com. SOURCE Forrester Related Links www.forrester.com |
edtsum230 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO, July 9, 2020 /PRNewswire/ -- In today's climate of examining and rebuilding existing societal, cultural, and historical structures, the modern workplace is undergoing unprecedented scrutiny from employers, employees, and communities as a whole. Together, we are rethinking and reshaping what it means to be a human being at work. Mursion, an industry-leading virtual reality platform designed to train essential human skills, is committed to furthering conversations around creating more inclusive, equitable, and progressive workplaces. The company's "Future of Work" Roundtable series is a virtual forum for gathering top experts and thought leaders to dissect and discuss the topics that matter most to today's workforce. On Wednesday, July 22, Mursion will welcome best-selling author, speaker, and entrepreneur Anton Gunn for "Ending Injustice in the Workplace: How Great Leaders Build World-Class Culture." A former senior advisor to President Barack Obama, Gunn has counseled hundreds of leaders and organizations in the public, private, and nonprofit sectors. His consulting practice, 937 Strategy Group, guides healthcare organizations in cultivating world-class leadership structures. A former state legislator, Gunn helped President Obama craft and deliver critical information about the landmark Affordable Care Act during one of the nation's most pivotal moments in history. This interactive online event will welcome attendees to participate in a discussion with Gunn, who will present his singular approach to socially conscious leadership during this unprecedented era of change. Guests are encouraged to take part in the conversation, promising a highly engaged audience and thought-provoking conversation. About MursionPowered by a blend of artificial intelligence and live human interaction, Mursion provides immersive VR training for essential skills in the workplace. Mursion simulations are designed for the modern workforce, staging interactions between learners and avatars to achieve the realism needed for measurable, high-impact results. Drawing upon research in learning science and psychology, Mursion harnesses the best in technology and human interaction to deliver outcomes for both learners and organizations. Media Contact:Christina Yu [emailprotected] SOURCE Mursion Related Links https://www.mursion.com
Answer: | Mursion Hosts World's Leading Authority on Socially Conscious Leadership Anton Gunn, Former Advisor to President Barack Obama, to Lead "Ending Injustice in the Workplace," a Virtual Roundtable Discussion | SAN FRANCISCO, July 9, 2020 /PRNewswire/ -- In today's climate of examining and rebuilding existing societal, cultural, and historical structures, the modern workplace is undergoing unprecedented scrutiny from employers, employees, and communities as a whole. Together, we are rethinking and reshaping what it means to be a human being at work. Mursion, an industry-leading virtual reality platform designed to train essential human skills, is committed to furthering conversations around creating more inclusive, equitable, and progressive workplaces. The company's "Future of Work" Roundtable series is a virtual forum for gathering top experts and thought leaders to dissect and discuss the topics that matter most to today's workforce. On Wednesday, July 22, Mursion will welcome best-selling author, speaker, and entrepreneur Anton Gunn for "Ending Injustice in the Workplace: How Great Leaders Build World-Class Culture." A former senior advisor to President Barack Obama, Gunn has counseled hundreds of leaders and organizations in the public, private, and nonprofit sectors. His consulting practice, 937 Strategy Group, guides healthcare organizations in cultivating world-class leadership structures. A former state legislator, Gunn helped President Obama craft and deliver critical information about the landmark Affordable Care Act during one of the nation's most pivotal moments in history. This interactive online event will welcome attendees to participate in a discussion with Gunn, who will present his singular approach to socially conscious leadership during this unprecedented era of change. Guests are encouraged to take part in the conversation, promising a highly engaged audience and thought-provoking conversation. About MursionPowered by a blend of artificial intelligence and live human interaction, Mursion provides immersive VR training for essential skills in the workplace. Mursion simulations are designed for the modern workforce, staging interactions between learners and avatars to achieve the realism needed for measurable, high-impact results. Drawing upon research in learning science and psychology, Mursion harnesses the best in technology and human interaction to deliver outcomes for both learners and organizations. Media Contact:Christina Yu [emailprotected] SOURCE Mursion Related Links https://www.mursion.com |
edtsum231 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, July 21, 2020 /PRNewswire/ --Socialbakers, the leading unified social media marketing platform, today released a comprehensive report on Social Media Trends for Q2 2020. The report reveals the latest online marketing trends and paid advertising changes as brands around the world adapt to the COVID-19 pandemic. Key insights from Socialbakers' Q2 data include a return toward pre-pandemic levels in areas such as advertising budgets and cost-per-click (CPC) for paid ads. One significant development is an increase in the use of organic video content on social media platforms, which offers marketers a high engagement rate with an audience that is working remotely or otherwise locked down at home during the pandemic. "Q2 was a dynamic quarter from a marketing perspective. We saw paid advertising bounce back and CPC increase as businesses started to return to normal across most regions and industries," said Yuval Ben-Itzhak, CEO, Socialbakers."We saw a dip in ad spend in early June, most notably in the US, which corresponds to #BlackoutTuesday. However, ad spend returned to normal almost immediately. There was another dip in ad spend at the end of June, which was likely related to the ad boycotts that could also affect figures in Q3 2020." Ad spend rises, moves toward pre-pandemic levels Around the world, social media ad spend increased significantly in Q2 2020. Every industry analyzed by Socialbakers showed an increase in ad spend over the last three months. However, there were instances when ad spend temporarily declined, likely due to the social movements #BlackoutTuesday and the Facebook ad boycott. The impact of the Facebook ad boycott hit hardest in North America, where spend decreased by 31.6% in the final two weeks of Q2. Cost-per-click rises worldwide, but still lag year-over-year Worldwide, the average cost-per-click for paid ads increased by 55.3% in Q2 2020, after reaching its highest point in early March before the pandemic really hit. Across all brand accounts, CPC rose by 42.7% in Q2 to $0.107. However, in the main feeds CPC still shows a decline year over year, meaning the opportunity still exists for brands that have the budget to make their message reach a wider audience than it normally would. Video content grows, shows great potential Amidst the backdrop of the pandemic in March 2020, video content began to surge on social media platforms. Twitter, with over 20% of tweets from brand pages, has the highest percentage of video contentcompared to Facebook and Instagram.In addition, the use of Facebook Live increased by 126% over the last four months. Facebook Live was by far the most engaging format on the platform in Q2. The SocialbakersSocial Media Trends Report Q2 2020is now available for download at no cost. Media contact:Claire Wilson[emailprotected] Related Images socialbakers.png Socialbakers Socialbakers logo SOURCE Socialbakers
Answer: | Social Media Ad Spend Bounces Back in Q2 After Initial Pandemic Downturn, Reports Socialbakers Video formats surge as brands seek engagement with audiences stuck at home during COVID-19 outbreak according to new Q2 2020 Social Media Trends Report | NEW YORK, July 21, 2020 /PRNewswire/ --Socialbakers, the leading unified social media marketing platform, today released a comprehensive report on Social Media Trends for Q2 2020. The report reveals the latest online marketing trends and paid advertising changes as brands around the world adapt to the COVID-19 pandemic. Key insights from Socialbakers' Q2 data include a return toward pre-pandemic levels in areas such as advertising budgets and cost-per-click (CPC) for paid ads. One significant development is an increase in the use of organic video content on social media platforms, which offers marketers a high engagement rate with an audience that is working remotely or otherwise locked down at home during the pandemic. "Q2 was a dynamic quarter from a marketing perspective. We saw paid advertising bounce back and CPC increase as businesses started to return to normal across most regions and industries," said Yuval Ben-Itzhak, CEO, Socialbakers."We saw a dip in ad spend in early June, most notably in the US, which corresponds to #BlackoutTuesday. However, ad spend returned to normal almost immediately. There was another dip in ad spend at the end of June, which was likely related to the ad boycotts that could also affect figures in Q3 2020." Ad spend rises, moves toward pre-pandemic levels Around the world, social media ad spend increased significantly in Q2 2020. Every industry analyzed by Socialbakers showed an increase in ad spend over the last three months. However, there were instances when ad spend temporarily declined, likely due to the social movements #BlackoutTuesday and the Facebook ad boycott. The impact of the Facebook ad boycott hit hardest in North America, where spend decreased by 31.6% in the final two weeks of Q2. Cost-per-click rises worldwide, but still lag year-over-year Worldwide, the average cost-per-click for paid ads increased by 55.3% in Q2 2020, after reaching its highest point in early March before the pandemic really hit. Across all brand accounts, CPC rose by 42.7% in Q2 to $0.107. However, in the main feeds CPC still shows a decline year over year, meaning the opportunity still exists for brands that have the budget to make their message reach a wider audience than it normally would. Video content grows, shows great potential Amidst the backdrop of the pandemic in March 2020, video content began to surge on social media platforms. Twitter, with over 20% of tweets from brand pages, has the highest percentage of video contentcompared to Facebook and Instagram.In addition, the use of Facebook Live increased by 126% over the last four months. Facebook Live was by far the most engaging format on the platform in Q2. The SocialbakersSocial Media Trends Report Q2 2020is now available for download at no cost. Media contact:Claire Wilson[emailprotected] Related Images socialbakers.png Socialbakers Socialbakers logo SOURCE Socialbakers |
edtsum232 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, June 24, 2020 /PRNewswire/ -- Global Alpha Olefins Market 2020-2024 The analyst has been monitoring the alpha olefins market and it is poised to grow by 1209.22 k MT during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on alpha olefins market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Read the full report: https://www.reportlinker.com/p05114928/?utm_source=PRN The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for rubber chemicals and high demand for alpha olefins in the automotive sector. The alpha olefins market analysis includes type segment and geographic landscape. The alpha olefins market is segmented as below:By Type 1-Hexene 1-Butene 1-Octene 1-Decene Others By Geographic Landscapes North America Europe APAC MEA South America This study identifies the use of alpha-olefins as synthetic drilling fluids as one of the prime reasons driving the alpha olefins market growth during the next few years. The analyst 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. Our alpha olefins market covers the following areas: Alpha olefins market sizing Alpha olefins market forecast Alpha olefins market industry analysis Read the full report: https://www.reportlinker.com/p05114928/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
Answer: | The Global Alpha Olefins Market is expected to grow by 1209.22 k MT during 2020-2024 progressing at a CAGR of 6% during the forecast period | NEW YORK, June 24, 2020 /PRNewswire/ -- Global Alpha Olefins Market 2020-2024 The analyst has been monitoring the alpha olefins market and it is poised to grow by 1209.22 k MT during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on alpha olefins market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Read the full report: https://www.reportlinker.com/p05114928/?utm_source=PRN The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for rubber chemicals and high demand for alpha olefins in the automotive sector. The alpha olefins market analysis includes type segment and geographic landscape. The alpha olefins market is segmented as below:By Type 1-Hexene 1-Butene 1-Octene 1-Decene Others By Geographic Landscapes North America Europe APAC MEA South America This study identifies the use of alpha-olefins as synthetic drilling fluids as one of the prime reasons driving the alpha olefins market growth during the next few years. The analyst 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. Our alpha olefins market covers the following areas: Alpha olefins market sizing Alpha olefins market forecast Alpha olefins market industry analysis Read the full report: https://www.reportlinker.com/p05114928/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com |
edtsum233 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, April 27, 2021 /PRNewswire/ -- Braze, the comprehensive customer engagement platform, today announced new product features and a new integration that help brands navigate the "next normal" in customer engagement. Over the past year, brands have had to adapt rapidly and frequently due to constantly changing conditions. With the world evolving to a new post pandemic business landscape, Braze's new offerings include a Shopify integration, updates to Braze Predictive Suite and Report Builder, and a new lineup of easy, flexible tools that empower companies to build campaigns with greater speed and accuracy. "While consumer spending is predicted to recover, preferences and behaviors have evolved and form the foundation of the 'next normal,'" said Kevin Wang, Senior Vice President of Product at Braze. "Consumers will expect companies to be able to adjust quickly to these shifting behaviors, and the introduction of these new features, enhancements, and integrations will enable brands to evolve their customer engagement programs to meet expectations." Power Personalized Ecommerce Campaigns with Shopify Ecommerce companies have seen rapid customer growth in the past year, along with shifting consumer expectations and behaviors. With Braze's new Shopify integration, brands will be able to increase sales and bolster retention through data-enriched communications. The integration, which is expected in summer 2021, will enable marketers to use real-time Shopify data to drive their Braze segmentation, cross-channel commerce experiences, and message personalization. Make Better Decisions with Advanced Insights Braze has expanded its breadth of offerings that help brands measure campaign performance and leverage behavioral insights to power more personalized campaigns. Predictive Purchases is the Braze platform's latest addition to its machine learning-powered Predictive Suite. The tool increases conversions and drives revenue by uncovering insights on who is and isn't likely to make a future purchase. "Knowing which users are likely to make future purchases based on behavioral indicators has historically been challenging for brands," said Marlie Vermeeren, CRM Manager at 8fit. "We have been piloting Predictive Purchases, and our first round of testing has shown we can create data-driven strategies to motivate unlikely purchases and nudge likely purchasers over the finish line. So far with Braze we've seen an uplift of 2.8X. We're eager to continue our close partnership with Braze to shape the future of customer engagement." Using the new Canvas data feature, brands can build customized reports to understand and compare customer journey performance directly within Report Builder. Brands can now better understand how different journeys moved the needle on key metrics at a high-level and also broken down by individual variant and message. Execute with Easy, Flexible Tools Braze continues to focus on platform experience by providing easy and flexible tools with the addition of two new components for Braze Canvas, the customer journey tool. Audience Pathsgives brands more clarity and control over the customer journey by funneling users down different paths based on audience criteria, so that every user moves to the most relevant next step. Audience Syncto Google helps brands reach consumers across more channelssearch, YouTube, Gmail, and Google Display Networkby dynamically syncing first-party user data from Braze directly to Google for retargeting and lookalike modeling. Additionally, a new Drag-and-Drop Email Editor helps marketers design emails more quickly and efficiently without HTML. Brands will be able to drag and drop content in a visual editor and integrate directly with features such as Content Blocks that allow teams to collaborate and design emails together. For more information about today's announcement, please visit our blog: About Braze Braze is a comprehensive customer engagement platform that powers relevant and memorable experiences between consumers and the brands they love. Context underpins every Braze interaction, helping brands foster human connection with consumers through interactive conversations across channels that deliver value quickly and continuously. The company was named a Leader in Forrester's 2020 Mobile Engagement Automation Wave report and was recognized as one of Inc. Magazine's Best Workplaces two years in a row. Braze is headquartered in New York with offices in Chicago, London, San Francisco, Singapore, and Tokyo. Learn more at braze.com. Contact:Quincy ZhaiSenior Communications Manager[emailprotected] SOURCE Braze Related Links https://www.braze.com/
Answer: | Braze Announces Shopify Integration to Help Brands Navigate Customer Engagement in 'Next Normal' Customer Engagement Platform Reveals Updates to its Predictive Suite, Enhanced Performance Measurement Solutions, and Flexible Customer Journey Tools | NEW YORK, April 27, 2021 /PRNewswire/ -- Braze, the comprehensive customer engagement platform, today announced new product features and a new integration that help brands navigate the "next normal" in customer engagement. Over the past year, brands have had to adapt rapidly and frequently due to constantly changing conditions. With the world evolving to a new post pandemic business landscape, Braze's new offerings include a Shopify integration, updates to Braze Predictive Suite and Report Builder, and a new lineup of easy, flexible tools that empower companies to build campaigns with greater speed and accuracy. "While consumer spending is predicted to recover, preferences and behaviors have evolved and form the foundation of the 'next normal,'" said Kevin Wang, Senior Vice President of Product at Braze. "Consumers will expect companies to be able to adjust quickly to these shifting behaviors, and the introduction of these new features, enhancements, and integrations will enable brands to evolve their customer engagement programs to meet expectations." Power Personalized Ecommerce Campaigns with Shopify Ecommerce companies have seen rapid customer growth in the past year, along with shifting consumer expectations and behaviors. With Braze's new Shopify integration, brands will be able to increase sales and bolster retention through data-enriched communications. The integration, which is expected in summer 2021, will enable marketers to use real-time Shopify data to drive their Braze segmentation, cross-channel commerce experiences, and message personalization. Make Better Decisions with Advanced Insights Braze has expanded its breadth of offerings that help brands measure campaign performance and leverage behavioral insights to power more personalized campaigns. Predictive Purchases is the Braze platform's latest addition to its machine learning-powered Predictive Suite. The tool increases conversions and drives revenue by uncovering insights on who is and isn't likely to make a future purchase. "Knowing which users are likely to make future purchases based on behavioral indicators has historically been challenging for brands," said Marlie Vermeeren, CRM Manager at 8fit. "We have been piloting Predictive Purchases, and our first round of testing has shown we can create data-driven strategies to motivate unlikely purchases and nudge likely purchasers over the finish line. So far with Braze we've seen an uplift of 2.8X. We're eager to continue our close partnership with Braze to shape the future of customer engagement." Using the new Canvas data feature, brands can build customized reports to understand and compare customer journey performance directly within Report Builder. Brands can now better understand how different journeys moved the needle on key metrics at a high-level and also broken down by individual variant and message. Execute with Easy, Flexible Tools Braze continues to focus on platform experience by providing easy and flexible tools with the addition of two new components for Braze Canvas, the customer journey tool. Audience Pathsgives brands more clarity and control over the customer journey by funneling users down different paths based on audience criteria, so that every user moves to the most relevant next step. Audience Syncto Google helps brands reach consumers across more channelssearch, YouTube, Gmail, and Google Display Networkby dynamically syncing first-party user data from Braze directly to Google for retargeting and lookalike modeling. Additionally, a new Drag-and-Drop Email Editor helps marketers design emails more quickly and efficiently without HTML. Brands will be able to drag and drop content in a visual editor and integrate directly with features such as Content Blocks that allow teams to collaborate and design emails together. For more information about today's announcement, please visit our blog: About Braze Braze is a comprehensive customer engagement platform that powers relevant and memorable experiences between consumers and the brands they love. Context underpins every Braze interaction, helping brands foster human connection with consumers through interactive conversations across channels that deliver value quickly and continuously. The company was named a Leader in Forrester's 2020 Mobile Engagement Automation Wave report and was recognized as one of Inc. Magazine's Best Workplaces two years in a row. Braze is headquartered in New York with offices in Chicago, London, San Francisco, Singapore, and Tokyo. Learn more at braze.com. Contact:Quincy ZhaiSenior Communications Manager[emailprotected] SOURCE Braze Related Links https://www.braze.com/ |
edtsum234 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN, July 22, 2020 /PRNewswire/ -- The "Digital Twin Market Research Report: By Type, Technology, Enterprise, Application, Industry - Global Industry Size, Share, Trends, Growth Analysis and Forecast Report to 2030" report has been added to ResearchAndMarkets.com's offering. By 2025, the number of internet of things (IoT) devices in operation will surge beyond 41 billion. The technology is rapidly finding its way into the industrial sector, with the new concept being termed industrial internet of things (IIoT). To analyze the huge volumes of unstructured data generated by these connected devices and share it among the different manufacturers of these devices, digital clone technology is being adopted.Additionally, this technology helps in the enhancement of the entire production ecosystem, by monitoring the performance of every device. Hence, with the increasing adoption of IIoT, the global digital twin market share is expected to witness a 31.9% CAGR between 2020 and 2030 (forecast period). At this rate, the revenue generated in the industry would rise from $3,645.1 million in 2019 to $73,245.4 million by 2030.Predictive Maintenance to Be the Fastest Growing ApplicationDuring the forecast period, predictive maintenance is expected to witness the highest CAGR, of 33.7%, in the digital twin market, as organizations are utilizing this technology to automate operations, gather real-time information, schedule maintenance, and forecast downtime. Further, cloning a product digitally helps users in making their operations more efficient.The product category dominated the digital twin market in 2019, owing to the rapid integrating of digital clones to track the performance of every individual component of a product, in order to bring down the mean time to repair (MTTR) and mean time between failure (MTBF). All this ultimately decreases the operating costs and increases the operational efficiency.The IoT division will generate the highest revenue in the market till 2030, as the number of IoT devices is rising, and companies are rapidly shifting toward using sensors in product development.In 2019, large enterprises were the largest digital twin market category. This is ascribed to the quick penetration of Industry 4.0 in large enterprises, as these updated standards lead to better flexibility and agility, improved productivity, and increased profitability. With digital transformation, large companies are using digital twins for predicting faults at an early stage, developing better products, and scheduling timely maintenance.The automotive division is expected to experience the fastest growth in the digital twin market during the forecast period. The automotive industry quickly is embracing Industry 4.0 standards, which is why it is increasingly using data in the manufacturing process. By using digital twins, challenges in vehicle manufacturing, design, services, and sales can be effectively addressed, which is why automakers are swiftly incorporating this technology into their operations.Asia-Pacific (APAC) would grow at the highest pace in the digital twin market till 2030. This is attributed to the surging investments in the IT sector, economic prosperity, increasing number of government initiatives promoting the deployment of artificial intelligence (AI) and IoT, and technological advancements.In the last few years, the major companies in the digital twin market have engaged in a number of partnerships, to: Create more effective solutions by combining their capabilities Enhance their portfolio of digital clone software Target a wider customer base with better offerings Intensify research and development (R&D) in the field Explore the growth areas in the market Key Topics Covered Chapter 1. Research BackgroundChapter 2. Research MethodologyChapter 3. Executive SummaryChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Type4.1.1.1 Product4.1.1.2 System4.1.1.3 Process4.1.2 By Technology4.1.2.1 IoT4.1.2.2 AI & ML4.1.2.3 Blockchain4.1.2.4 Big Data Analytics4.1.2.5 Others4.1.3 By Enterprise4.1.3.1 Large Enterprises4.1.3.2 SMEs4.1.4 By Application4.1.4.1 Product Design & Development4.1.4.2 Performance Monitoring4.1.4.3 Predictive Maintenance4.1.4.4 Inventory Management4.1.4.5 Business Optimization4.1.4.6 Others4.1.5 By Industry4.1.5.1 Manufacturing4.1.5.2 Automotive4.1.5.3 Aerospace & Defense4.1.5.4 Energy & Utilities4.1.5.5 Oil & Gas4.1.5.6 Healthcare4.1.5.7 Others4.2 Value Chain Analysis4.3 Market Dynamics4.3.1 Trends4.3.1.1 Common Platform for Multiple Digital Twins4.3.2 Drivers4.3.2.1 Widespread Adoption of IoT4.3.2.2 Growing Focus on Intelligent Maintenance4.3.2.3 Impact Analysis of Drivers on Market Forecast4.3.3 Restraints4.3.3.1 Concerns Over Data Security4.3.3.2 Impact Analysis of Restraints on Market Forecast4.3.4 Opportunities4.3.4.1 Logistics & Transportation Sector to Leverage the Technology4.3.4.2 Convergence of Information Technology (IT) and Operational Technology (OT)4.4 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Type5.2 By Technology5.3 By Enterprise5.4 By Application5.5 By Industry5.6 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. MEA Market Size and ForecastChapter 10. LATAM Market Size and ForecastChapter 11. Competitive Landscape11.1 Market Share Analysis of Key Players11.2 List of Players and Their Offerings11.3 Strategic Developments of Players11.3.1 Mergers & Acquisitions11.3.2 Partnerships11.3.3 Product LaunchesChapter 12. Company Profiles12.1 IBM Corporation12.1.1 Business Overview12.1.2 Product & Service Offerings12.1.3 Key Financial Summary12.2 Microsoft Corporation12.3 PTC Inc.12.4 SAS Institute Inc.12.5 Oracle Corporation12.6 Siemens AG12.7 Dassault Systemes12.8 Robert Bosch GmbH12.9 Ansys Inc.12.10 Swim.AI Inc.12.11 TIBCO Software Inc.12.12 ABB Ltd.12.13 Bentley Systems IncorporatedFor more information about this report visit https://www.researchandmarkets.com/r/csa3o1 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
Answer: | Global Digital Twin Market Outlook, 2030 - Widespread Adoption of IoT and Growing Focus on Intelligent Maintenance are Key Drivers | DUBLIN, July 22, 2020 /PRNewswire/ -- The "Digital Twin Market Research Report: By Type, Technology, Enterprise, Application, Industry - Global Industry Size, Share, Trends, Growth Analysis and Forecast Report to 2030" report has been added to ResearchAndMarkets.com's offering. By 2025, the number of internet of things (IoT) devices in operation will surge beyond 41 billion. The technology is rapidly finding its way into the industrial sector, with the new concept being termed industrial internet of things (IIoT). To analyze the huge volumes of unstructured data generated by these connected devices and share it among the different manufacturers of these devices, digital clone technology is being adopted.Additionally, this technology helps in the enhancement of the entire production ecosystem, by monitoring the performance of every device. Hence, with the increasing adoption of IIoT, the global digital twin market share is expected to witness a 31.9% CAGR between 2020 and 2030 (forecast period). At this rate, the revenue generated in the industry would rise from $3,645.1 million in 2019 to $73,245.4 million by 2030.Predictive Maintenance to Be the Fastest Growing ApplicationDuring the forecast period, predictive maintenance is expected to witness the highest CAGR, of 33.7%, in the digital twin market, as organizations are utilizing this technology to automate operations, gather real-time information, schedule maintenance, and forecast downtime. Further, cloning a product digitally helps users in making their operations more efficient.The product category dominated the digital twin market in 2019, owing to the rapid integrating of digital clones to track the performance of every individual component of a product, in order to bring down the mean time to repair (MTTR) and mean time between failure (MTBF). All this ultimately decreases the operating costs and increases the operational efficiency.The IoT division will generate the highest revenue in the market till 2030, as the number of IoT devices is rising, and companies are rapidly shifting toward using sensors in product development.In 2019, large enterprises were the largest digital twin market category. This is ascribed to the quick penetration of Industry 4.0 in large enterprises, as these updated standards lead to better flexibility and agility, improved productivity, and increased profitability. With digital transformation, large companies are using digital twins for predicting faults at an early stage, developing better products, and scheduling timely maintenance.The automotive division is expected to experience the fastest growth in the digital twin market during the forecast period. The automotive industry quickly is embracing Industry 4.0 standards, which is why it is increasingly using data in the manufacturing process. By using digital twins, challenges in vehicle manufacturing, design, services, and sales can be effectively addressed, which is why automakers are swiftly incorporating this technology into their operations.Asia-Pacific (APAC) would grow at the highest pace in the digital twin market till 2030. This is attributed to the surging investments in the IT sector, economic prosperity, increasing number of government initiatives promoting the deployment of artificial intelligence (AI) and IoT, and technological advancements.In the last few years, the major companies in the digital twin market have engaged in a number of partnerships, to: Create more effective solutions by combining their capabilities Enhance their portfolio of digital clone software Target a wider customer base with better offerings Intensify research and development (R&D) in the field Explore the growth areas in the market Key Topics Covered Chapter 1. Research BackgroundChapter 2. Research MethodologyChapter 3. Executive SummaryChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Type4.1.1.1 Product4.1.1.2 System4.1.1.3 Process4.1.2 By Technology4.1.2.1 IoT4.1.2.2 AI & ML4.1.2.3 Blockchain4.1.2.4 Big Data Analytics4.1.2.5 Others4.1.3 By Enterprise4.1.3.1 Large Enterprises4.1.3.2 SMEs4.1.4 By Application4.1.4.1 Product Design & Development4.1.4.2 Performance Monitoring4.1.4.3 Predictive Maintenance4.1.4.4 Inventory Management4.1.4.5 Business Optimization4.1.4.6 Others4.1.5 By Industry4.1.5.1 Manufacturing4.1.5.2 Automotive4.1.5.3 Aerospace & Defense4.1.5.4 Energy & Utilities4.1.5.5 Oil & Gas4.1.5.6 Healthcare4.1.5.7 Others4.2 Value Chain Analysis4.3 Market Dynamics4.3.1 Trends4.3.1.1 Common Platform for Multiple Digital Twins4.3.2 Drivers4.3.2.1 Widespread Adoption of IoT4.3.2.2 Growing Focus on Intelligent Maintenance4.3.2.3 Impact Analysis of Drivers on Market Forecast4.3.3 Restraints4.3.3.1 Concerns Over Data Security4.3.3.2 Impact Analysis of Restraints on Market Forecast4.3.4 Opportunities4.3.4.1 Logistics & Transportation Sector to Leverage the Technology4.3.4.2 Convergence of Information Technology (IT) and Operational Technology (OT)4.4 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Type5.2 By Technology5.3 By Enterprise5.4 By Application5.5 By Industry5.6 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. MEA Market Size and ForecastChapter 10. LATAM Market Size and ForecastChapter 11. Competitive Landscape11.1 Market Share Analysis of Key Players11.2 List of Players and Their Offerings11.3 Strategic Developments of Players11.3.1 Mergers & Acquisitions11.3.2 Partnerships11.3.3 Product LaunchesChapter 12. Company Profiles12.1 IBM Corporation12.1.1 Business Overview12.1.2 Product & Service Offerings12.1.3 Key Financial Summary12.2 Microsoft Corporation12.3 PTC Inc.12.4 SAS Institute Inc.12.5 Oracle Corporation12.6 Siemens AG12.7 Dassault Systemes12.8 Robert Bosch GmbH12.9 Ansys Inc.12.10 Swim.AI Inc.12.11 TIBCO Software Inc.12.12 ABB Ltd.12.13 Bentley Systems IncorporatedFor more information about this report visit https://www.researchandmarkets.com/r/csa3o1 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 |
edtsum235 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: AKRON, Ohio, March 3, 2021 /PRNewswire/ -- The Goodyear Tire and Rubber Company (NASDAQ: GT), EASE Logistics and the City of Dublin today announced a pilot as part of the Smart Columbus initiative to advance connected mobility. Continue Reading (PRNewsfoto/The Goodyear Tire & Rubber Company) For the pilot, the three participants will experiment in the areas of tire intelligence and cloud-based logistics among others within an innovation region located in and around Columbus, Ohio, known as the Beta District. With the potential to share and enhance data on connected mobility, these experiments could lead to new products and solutions that will benefit trucking fleets, consumers and cities in the future. Initial tests will include the installation of Goodyear TPMS Plus systems on eight EASE Logistics vehicles traveling throughout the Beta District of the 33 Smart Mobility Corridor outside of Columbus, a leading location for testing connected vehicle technology in the Midwest. Once installed, Goodyear TPMS Plus will monitor tire conditions like pressure and temperature in real time, which can help prevent roadside breakdowns and improve vehicle safety and handling. EASE Logistics can leverage this data to initiate proactive maintenance and make routing decisions that improve traffic flow in the area. "Goodyear has a longstanding reputation for innovation and plays a leading role in global initiatives to advance mobility," said Johnny McIntosh, director of Integrated Solutions and Tire Management at Goodyear. "We continuously look for opportunities to collaborate with like-minded groups, such as EASE Logistics and the City of Dublin to test and learn with the ultimate goal of discovering new mobility solutions.""EASE and Goodyear share a common set of values regarding safety, sustainability, and service and understand that innovation plays a key role in achieving these. As such, we are committed to innovating in the area of Connected and Automated Vehicle (CAV) technology to keep vehicles connected and drivers safe throughout the transportation process," said Peter Coratola Jr., president of EASE Logistics. "EASE recognizes this collaboration as a stepping stone toward more advanced technologies like autonomous trucks that may one day reduce delays and commute times, prevent crashes and cut emissions by maintaining consistent speeds."As part of the Beta District, the City of Dublin was chosen for this pilot as it aspires to be the most connected community in the United States and is located in the same state where Goodyear and EASE Logistics are headquartered. "The Beta District is where companies work collaboratively with non-profits, academia, and government entities in an open playground to safely launch, test and evolve new technology in real-world settings," said Doug McCollough, chief information officer for the City of Dublin. "Leveraging expertise in distribution and logistics through EASE Logistics, with the global research and development capabilities of Goodyear, the City of Dublin offers the truly unique public perspective of local government dedicated to fostering innovation in the smart mobility space."About The Goodyear Tire & Rubber CompanyGoodyear is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.AboutEASELogisticsEASELogistics is an award-winning multi-operational supply chain and transportation solution, providing accelerated, innovative services that help deliver the products and goods of select clients by means of a highly effective global network. The knowledgeable professionals atEASEsimplify the logistics experience with a unique and unmatched customer service model. For more information, visitwww.easelogistics.com.About the City of Dublin, Ohio, USADublin is a city of more than 50,000 residents located just northwest of Columbus, Ohio. It offers residents and corporate citizens responsive services, attractive housing, superior public education, direct regional highway access, abundant park space, thoughtful and strategic planning, innovative ideas and technology and a dynamic community life. Dublin is consistently ranked one of the safest cities in the nation. It is home to more than 20 corporate headquarters, an entrepreneurial center, 4,300+ businesses, world-class events and the urban, walkable Bridge Street District. For more information, visit DublinOhioUSA.gov or call 614.410.4400.SOURCE The Goodyear Tire & Rubber Company Related Links https://www.goodyear.com/
Answer: | Goodyear, EASE Logistics And The City Of Dublin, Ohio To Collaborate On Connected Mobility Pilot The three entities will experiment in the areas of tire intelligence and cloud-based logistics | AKRON, Ohio, March 3, 2021 /PRNewswire/ -- The Goodyear Tire and Rubber Company (NASDAQ: GT), EASE Logistics and the City of Dublin today announced a pilot as part of the Smart Columbus initiative to advance connected mobility. Continue Reading (PRNewsfoto/The Goodyear Tire & Rubber Company) For the pilot, the three participants will experiment in the areas of tire intelligence and cloud-based logistics among others within an innovation region located in and around Columbus, Ohio, known as the Beta District. With the potential to share and enhance data on connected mobility, these experiments could lead to new products and solutions that will benefit trucking fleets, consumers and cities in the future. Initial tests will include the installation of Goodyear TPMS Plus systems on eight EASE Logistics vehicles traveling throughout the Beta District of the 33 Smart Mobility Corridor outside of Columbus, a leading location for testing connected vehicle technology in the Midwest. Once installed, Goodyear TPMS Plus will monitor tire conditions like pressure and temperature in real time, which can help prevent roadside breakdowns and improve vehicle safety and handling. EASE Logistics can leverage this data to initiate proactive maintenance and make routing decisions that improve traffic flow in the area. "Goodyear has a longstanding reputation for innovation and plays a leading role in global initiatives to advance mobility," said Johnny McIntosh, director of Integrated Solutions and Tire Management at Goodyear. "We continuously look for opportunities to collaborate with like-minded groups, such as EASE Logistics and the City of Dublin to test and learn with the ultimate goal of discovering new mobility solutions.""EASE and Goodyear share a common set of values regarding safety, sustainability, and service and understand that innovation plays a key role in achieving these. As such, we are committed to innovating in the area of Connected and Automated Vehicle (CAV) technology to keep vehicles connected and drivers safe throughout the transportation process," said Peter Coratola Jr., president of EASE Logistics. "EASE recognizes this collaboration as a stepping stone toward more advanced technologies like autonomous trucks that may one day reduce delays and commute times, prevent crashes and cut emissions by maintaining consistent speeds."As part of the Beta District, the City of Dublin was chosen for this pilot as it aspires to be the most connected community in the United States and is located in the same state where Goodyear and EASE Logistics are headquartered. "The Beta District is where companies work collaboratively with non-profits, academia, and government entities in an open playground to safely launch, test and evolve new technology in real-world settings," said Doug McCollough, chief information officer for the City of Dublin. "Leveraging expertise in distribution and logistics through EASE Logistics, with the global research and development capabilities of Goodyear, the City of Dublin offers the truly unique public perspective of local government dedicated to fostering innovation in the smart mobility space."About The Goodyear Tire & Rubber CompanyGoodyear is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.AboutEASELogisticsEASELogistics is an award-winning multi-operational supply chain and transportation solution, providing accelerated, innovative services that help deliver the products and goods of select clients by means of a highly effective global network. The knowledgeable professionals atEASEsimplify the logistics experience with a unique and unmatched customer service model. For more information, visitwww.easelogistics.com.About the City of Dublin, Ohio, USADublin is a city of more than 50,000 residents located just northwest of Columbus, Ohio. It offers residents and corporate citizens responsive services, attractive housing, superior public education, direct regional highway access, abundant park space, thoughtful and strategic planning, innovative ideas and technology and a dynamic community life. Dublin is consistently ranked one of the safest cities in the nation. It is home to more than 20 corporate headquarters, an entrepreneurial center, 4,300+ businesses, world-class events and the urban, walkable Bridge Street District. For more information, visit DublinOhioUSA.gov or call 614.410.4400.SOURCE The Goodyear Tire & Rubber Company Related Links https://www.goodyear.com/ |
edtsum236 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that it will issue its financial results for the fiscal 2021 first quarter ended December 31, 2020, following the close of market on Thursday, February 4, 2020. The company plans to hold a conference call and live audio webcast for analysts and investors at 4:30 p.m. Eastern Time to discuss its financial results and provide an update on the companys business. The press release with the financial results will be accessible from the companys website prior to the conference call through the Investor Relations section under the Company tab at www.twistbioscience.com. The call can be accessed by dialing (866) 688-0947 (domestic) or (409) 217-8781 (international) and refer to the conference ID 7958297. A telephonic replay of the conference call will be available beginning approximately four hours after the call through February 11, 2021 and may be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international). The replay conference ID is 7958297. The webcast replay will be available for two weeks. About Twist Bioscience Corporation Twist Bioscience is a leading and rapidly growing synthetic biology and genomics company that has developed a disruptive DNA synthesis platform to industrialize the engineering of biology. The core of the platform is a proprietary technology that pioneers a new method of manufacturing synthetic DNA by writing DNA on a silicon chip. Twist is leveraging its unique technology to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) preparation, and antibody libraries for drug discovery and development. Twist is also pursuing longer-term opportunities in digital data storage in DNA and biologics drug discovery. Twist makes products for use across many industries including healthcare, industrial chemicals, agriculture and academic research. Follow us on Twitter | Facebook | LinkedIn | YouTube
Answer: | Twist Bioscience to Report Fiscal 2021 First Quarter Financial Results on Thursday, February 4, 2020 | SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that it will issue its financial results for the fiscal 2021 first quarter ended December 31, 2020, following the close of market on Thursday, February 4, 2020. The company plans to hold a conference call and live audio webcast for analysts and investors at 4:30 p.m. Eastern Time to discuss its financial results and provide an update on the companys business. The press release with the financial results will be accessible from the companys website prior to the conference call through the Investor Relations section under the Company tab at www.twistbioscience.com. The call can be accessed by dialing (866) 688-0947 (domestic) or (409) 217-8781 (international) and refer to the conference ID 7958297. A telephonic replay of the conference call will be available beginning approximately four hours after the call through February 11, 2021 and may be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international). The replay conference ID is 7958297. The webcast replay will be available for two weeks. About Twist Bioscience Corporation Twist Bioscience is a leading and rapidly growing synthetic biology and genomics company that has developed a disruptive DNA synthesis platform to industrialize the engineering of biology. The core of the platform is a proprietary technology that pioneers a new method of manufacturing synthetic DNA by writing DNA on a silicon chip. Twist is leveraging its unique technology to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) preparation, and antibody libraries for drug discovery and development. Twist is also pursuing longer-term opportunities in digital data storage in DNA and biologics drug discovery. Twist makes products for use across many industries including healthcare, industrial chemicals, agriculture and academic research. Follow us on Twitter | Facebook | LinkedIn | YouTube |
edtsum237 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CLEVELAND, March 13, 2020 /PRNewswire/ -- Compass Self Storage, a member of the Amsdell family of companies with self storage locations across the United States, is offering first month rent free for students and families affected by coronavirus. As this virus forces colleges and universities to have students quickly move out of their dorms, Compass Self Storage wants to ease the stress of the situation by offering their first month of storage rent-free. "In this time of uncertainty where things are rapidly changing, Compass Self Storage wants to ease some of the stress by providing storage space at a reduced cost to those in need. Our store teams are ready to assist and make this part of the move as quick and easy as possible," stated Todd Amsdell, President. Compass Self Storage is also taking extra precautions to closely follow guidelines from the Centers for Disease Control and Prevention (CDC) and other local and national health organizations. They are increasing the frequency of regularly scheduled cleanings and sanitization efforts across their stores. They are also recommending employees take precautionary health measures, including frequent hand washing and staying home when sick. Compass Self Storage offers a full line of moving and packing supplies, as well as moving service options, to make it a one-stop solution for anyone moving their home or needing extra storage space for their business. Compass Self Storage strives to make the storage experience streamlined and stress free by employing knowledgeable team members who help guide the customer through the entire process. Find the location nearest you at www.compassselfstorage.com. The Amsdell family of companies (Amsdell Companies) is headquartered in Cleveland, OH. Amsdell draws its roots from the family owned construction company founded in 1928 and has since been active in several billions of dollars worth of real estate ventures with a primary focus on self storage. As industry pioneers, Amsdell has owned and operated over 500 storage centers under various trade names in over 27 states. With over 85 years of doing business, the Amsdell team has extensive experience in property acquisition, construction and property management. Please visit www.amsdellcompanies.com and www.compassselfstorage.com for more information. Contact: Todd AmsdellPresident[emailprotected]216.458.0670 SOURCE Compass Self Storage Related Links http://www.compassselfstorage.com
Answer: | Compass Self Storage Offers First Month Rent Free To College Students During The COVID-19 Virus Outbreak | CLEVELAND, March 13, 2020 /PRNewswire/ -- Compass Self Storage, a member of the Amsdell family of companies with self storage locations across the United States, is offering first month rent free for students and families affected by coronavirus. As this virus forces colleges and universities to have students quickly move out of their dorms, Compass Self Storage wants to ease the stress of the situation by offering their first month of storage rent-free. "In this time of uncertainty where things are rapidly changing, Compass Self Storage wants to ease some of the stress by providing storage space at a reduced cost to those in need. Our store teams are ready to assist and make this part of the move as quick and easy as possible," stated Todd Amsdell, President. Compass Self Storage is also taking extra precautions to closely follow guidelines from the Centers for Disease Control and Prevention (CDC) and other local and national health organizations. They are increasing the frequency of regularly scheduled cleanings and sanitization efforts across their stores. They are also recommending employees take precautionary health measures, including frequent hand washing and staying home when sick. Compass Self Storage offers a full line of moving and packing supplies, as well as moving service options, to make it a one-stop solution for anyone moving their home or needing extra storage space for their business. Compass Self Storage strives to make the storage experience streamlined and stress free by employing knowledgeable team members who help guide the customer through the entire process. Find the location nearest you at www.compassselfstorage.com. The Amsdell family of companies (Amsdell Companies) is headquartered in Cleveland, OH. Amsdell draws its roots from the family owned construction company founded in 1928 and has since been active in several billions of dollars worth of real estate ventures with a primary focus on self storage. As industry pioneers, Amsdell has owned and operated over 500 storage centers under various trade names in over 27 states. With over 85 years of doing business, the Amsdell team has extensive experience in property acquisition, construction and property management. Please visit www.amsdellcompanies.com and www.compassselfstorage.com for more information. Contact: Todd AmsdellPresident[emailprotected]216.458.0670 SOURCE Compass Self Storage Related Links http://www.compassselfstorage.com |
edtsum238 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: FORT WORTH, Texas, March 3, 2021 /PRNewswire/ -- Jason Stephens, founder of Stephens Law, a Fort Worth law firm focusing exclusively on serious personal injury and wrongful death claims, received multiple professional recognitions from his peers and the media in 2020. "Despite the tragedies of 2020, our firm has continued charging ahead on behalf of its clients," Jason says. "We're especially proud of the recognitions we received last year during a time that has presented us all with new and unique challenges." Among the many recognitions Jason received in 2020 was his 17th consecutive appearance on the Super Lawyerslist. No more than 5 percent of attorneys in each state are selected to the annual list of the nation's top attorneys. Likewise, he was named to The Best Lawyers in America, one of the most highly regarded lawyer rankings in the country, for the fifth year in a row. Both publications compile their lists based on a combined peer nominations and independent research system; attorneys are not permitted to compensate either organization in exchange for a listing. In recognition of his skill and reputation as a trial attorney, Jason was also selected to The National Trial Lawyers: Top 100, an invitation-only organization composed of the premier trial lawyers from each state or region who meet stringent qualifications as civil plaintiff and/or criminal defense trial lawyers. Local publications also recognized his work in 2020. Fort Worth Magazine has named him a Top Lawyer every year since 2003; he was also named to 360 West's Attorneys Worth Knowing, and recognized as "The Face of Personal Injury Law" by 76107 Magazine. Ongoing honors Jason achieved prior to 2020 include a 10-star ("superb") rating on AVVO and an AV Preeminent rating by Martindale-Hubbell, both the highest level of recognition from each organization. He is also a Lifetime Member of the Multi-Million-Dollar Advocates Forum, which includes fewer than 1 percent of lawyers, and a member of the American Board of Trial Advocates, an invitation-only group of attorneys who meet specific professional requirements. Notable resolutions throughout his career include the 47th largest verdict in the U.S. in 2004 as recognized by the National Law Journal, the 5th largest verdict in Texas in 2004 as acknowledged by Texas Lawyer, and the 8th largest motor vehicle verdict in Texas in 2012 as observed by Texas Lawyer. About Stephens Law Stephens Law focuses exclusively on handlingserious personal injuryandwrongful deathclaims.Jason Stephens, the firm's founder, has over two decades of experience and a proven track record of success in helping individuals and families who have been harmed by the wrongdoing or negligence of others. Jason is one of a fewtop-rated Fort Worth lawyerswho are experienced in handlingcar accident,truck accident,motorcycle accident,distracted driving,andbrain injuries. For more information, visit StephensLaw.com. Media contact: Amy Hunt, Muse Communications 214-801-8116 or [emailprotected] SOURCE Stephens Law
Answer: | Fort Worth's Jason Stephens Racks Up Numerous Professional Accolades in 2020 | FORT WORTH, Texas, March 3, 2021 /PRNewswire/ -- Jason Stephens, founder of Stephens Law, a Fort Worth law firm focusing exclusively on serious personal injury and wrongful death claims, received multiple professional recognitions from his peers and the media in 2020. "Despite the tragedies of 2020, our firm has continued charging ahead on behalf of its clients," Jason says. "We're especially proud of the recognitions we received last year during a time that has presented us all with new and unique challenges." Among the many recognitions Jason received in 2020 was his 17th consecutive appearance on the Super Lawyerslist. No more than 5 percent of attorneys in each state are selected to the annual list of the nation's top attorneys. Likewise, he was named to The Best Lawyers in America, one of the most highly regarded lawyer rankings in the country, for the fifth year in a row. Both publications compile their lists based on a combined peer nominations and independent research system; attorneys are not permitted to compensate either organization in exchange for a listing. In recognition of his skill and reputation as a trial attorney, Jason was also selected to The National Trial Lawyers: Top 100, an invitation-only organization composed of the premier trial lawyers from each state or region who meet stringent qualifications as civil plaintiff and/or criminal defense trial lawyers. Local publications also recognized his work in 2020. Fort Worth Magazine has named him a Top Lawyer every year since 2003; he was also named to 360 West's Attorneys Worth Knowing, and recognized as "The Face of Personal Injury Law" by 76107 Magazine. Ongoing honors Jason achieved prior to 2020 include a 10-star ("superb") rating on AVVO and an AV Preeminent rating by Martindale-Hubbell, both the highest level of recognition from each organization. He is also a Lifetime Member of the Multi-Million-Dollar Advocates Forum, which includes fewer than 1 percent of lawyers, and a member of the American Board of Trial Advocates, an invitation-only group of attorneys who meet specific professional requirements. Notable resolutions throughout his career include the 47th largest verdict in the U.S. in 2004 as recognized by the National Law Journal, the 5th largest verdict in Texas in 2004 as acknowledged by Texas Lawyer, and the 8th largest motor vehicle verdict in Texas in 2012 as observed by Texas Lawyer. About Stephens Law Stephens Law focuses exclusively on handlingserious personal injuryandwrongful deathclaims.Jason Stephens, the firm's founder, has over two decades of experience and a proven track record of success in helping individuals and families who have been harmed by the wrongdoing or negligence of others. Jason is one of a fewtop-rated Fort Worth lawyerswho are experienced in handlingcar accident,truck accident,motorcycle accident,distracted driving,andbrain injuries. For more information, visit StephensLaw.com. Media contact: Amy Hunt, Muse Communications 214-801-8116 or [emailprotected] SOURCE Stephens Law |
edtsum239 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO, March 31, 2020 /PRNewswire/ --The Cloud Native Computing Foundation(CNCF), which builds sustainable ecosystems for cloud native software, today announced that 81 new members and end user supporters have joined the Foundation, bringing total membership to 560 organizations. This significant increase in membership comes on the heels of CNCF's new 2019 survey which gathered insights from almost 1,400 developers. The survey found that usage in production of nearly all 24 CNCF projects has increased. Notably, 78 percent of respondents indicated they are using Kubernetes in production, a 20 percent increase from last year's findings. "We are once again amazed by the level of interest, diversity, and caliber of joining companies," said Dan Kohn, executive director of the Cloud Native Computing Foundation. "Over 200 new members including technology vendors, end users, and non-profit organizations have joined CNCF in the last year alone. Thanks to their support, we can provide a number of services as well as a neutral home for our growing number of diverse open source, cloud native projects that are solving some of today's most pressing issues." These new members will also join CNCF this summer for the upcoming 2020 KubeCon + CloudNativeCon events, including KubeCon + CloudNativeCom EUin Amsterdam from August 13 16, 2020, and KubeCon + CloudNativeCon NAfrom November 17 20, 2020 in Boston. About the newest Silver Members: 1NCEis an IoT network carrier offering managed connectivity services such as the 1NCE IoT Flat Rate for business customers and a Platform-as-a-Service solution for mobile network operators. Aerospike, a next generation NoSQL data platform, powers real-time, extreme scale applications with peak performance for large datasets, five-9's+ uptime, strong consistency and operational simplicity AsiaInfo is an innovative provider of software and IT services to the telecommunications industry. Biznet Gio Cloudis an Integrated Cloud Service Provider based in Indonesia providing a wide range of IaaS and consulting services from private cloud, public cloud, hybrid cloud, architecture design, implementation, all the way to daily managed services. Blue Sentryelevates businesses to the Amazon Cloudfrom planning and migration to next-generation managed services. BONCLOUDis a leading provider of the fields of cloud computing and AI in China, devoted to providing secure and reliable cloud computing basic services and solutions. Btechis a leader in system integration of enterprise cloud and modern infrastructure and platform in Indonesia and put forward trusted and proven open technologies to the customers Chronosphereis the monitoring platform purpose built for the Cloud-Native era and provides enterprises with the most cost efficient, reliable and scalable monitoring solution on the market. Cloudamis a cloud asset manager and experts in cloud cost optimization. CTO.aienables developers to build, run, share and discover workflow automations; through The Ops Platform teams and community, users can containerize repeatable tasks and run them through our shared command-line or Slack. Cyber Armorempowers DevOps to seamlessly deploy inherently secured solutions across cloud native, hybrid and multi-cloud environments applying continuous in-memory protection of workloads and assuring only authenticated workloads can run, communicate and access data. DataStaxis the company behind the leading NoSQL database built on Apache Cassandra. DevSpace Technologiesenables organizations to turn any Kubernetes cluster into a powerful developer platform providing a self-service system for creating isolated namespaces and an open-source CLI for streamlining development and deployment workflows. eCloudTechis the pioneer CDM R&D company in China, committed to providing enterprise with cloud data management products, offered enterprise data management total solution. Eficodeis the leading DevOps company in Europe, transforming companies, upskilling teams, and building solutions that harness automation and cloud computing. Elotlmakes Nodeless Kubernetes which enables you to run your Kubernetes workloads in a cost effective, secure, simple, cloud-agnostic manner resulting in 80% cost savings, improved multi-tenant security, simplified operations, and freedom from cloud vendor lock in. HashiCorpprovides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders use the value in their data to innovate intelligently and reach outcomes that matter for business and society. HyScale is a platform that makes software deployments to multi-cloud Kubernetes fast and easy for agile development teams. in2tive: in2tive Ozone is a Kubernetes and a Microservice first solution that manages multi cloud deployments and provides end-to-end workflows for managing and controlling your deployments while abstracting away the underlying implementations and providing them straight out of the box. KBSYSis an open platform MSA specialist and has been contributing to customer success in the development, deployment and management of cloud native applications on top of Kubernetes. kloiais a new-era DevOps and cloud consultancy that offers extensive Kubernetes solutions such as Managed Services, Audits, Trainings, on the job training, Multi-Cloud and Enterprise Kubernetes Support. Kubernativeis an initiative to expand and facilitate the use of Kubernetes in companies and productive environments through training, consulting services as well as our own Kubernetes distribution suitable for the target group. Launcher's vision is to be a technology-leading hybrid cloud service provider and bring hybrid cloud service to every organization for digital transformation. Layer5empowers service owners by exploiting the unique role service meshes have in augmenting how modern applications are designed, delivered, and managed. LeftShiftis a Germany based consulting firm that helps organisations build and operate world-class cloud-native solutions to increase business value and drive innovation. Lenses.ioallows you to access the full power Kubernetes helping you drive DataOps in your company to deliver new data experiences. Our Real-time applications and data operation portal makes developing and deploying streaming applications via Kubernetes a walk in the park. LOGIQ.aiis a leading provider of S3 powered analytics software and creator of LOGIQ Log Insights: The Only S3 Powered Log Aggregation and Analysis Solution. Magalixaccelerates your cloud-native journey by providing insights and recommendations to get your Kubernetes and applications production-ready while bringing your team up to speed. N-Able Cloud Consultancy & Trainingdelivers high end Kubernetes training courses to become a certified Kubernetes expert. NS1automates the deployment and delivery of the world's most trafficked internet and enterprise applications and networks worldwide with its next-generation DNS, DHCP and IP Address Management solutions. OGIS-RIis a well experienced cloud integrator in Japan. We design, deploy and operate hybrid-could and cloud native system. Especially focused on ERP, Data Analysis, DX, AI, Cloud Migration etc. OverOps is a Continuous Reliability solution that helps identify, prevent and resolve critical software issues before customer experience is impacted. OVOOis specialized in Real-Time TELCO grade services, guiding customers in the digital transformation journey from the legacy to the cloud-native DevOps deployment model. Predatardelivers data protection as a service across everything from cloud native workloads to old school mainframe with one platform. Rakutenis a global leader in internet services and Rakuten Mobile, a Rakuten Group company, is Japan's newest mobile carrier, operating the world's first end-to-end fully virtualized mobile network. Rdx.net: Run your legacy apps on Kubernetes without code changes. Redeployare Azure, Kubernetes, and CloudOps experts, setting new standards for how things should be built and run in the Cloud, based in Sweden. Red Kubesbootstraps your Enterprise Kubernetes journey with a turnkey preconfigured application orchestrator called Otomi Stack. Snaptprovides powerful, easy-to-use, modern load balancing and web acceleration for next-gen and DevOps teams. Spectro Cloudis a SaaS platform that gives enterprises control over Kubernetes ecosystem integrations, consistently and at scale. Stakateris a Kubernetes experts company enabling enterprises to realize the full potential of Kubernetes and its ecosystem, by assisting their journey across Strategy, Development and Operations. StreamNativeis a cloud-native event streaming company that offers a cloud-native event streaming platform powered by Apache Pulsar to enable companies to access enterprise data as real-time event streams. Threat Stackdelivers proactive risk identification and real-time threat detection across cloud workloads from build-time to runtime. TimescaleDBis the open source time-series SQL database designed for instant access and fast complex queries of massive volumes of data, including long-term storage for Prometheus data. TmaxA&Cprovides AI and cloud platforms and services that integrate all the elements of the cloud, including AI, platforms, and applications, and lead the intelligent information society. Develops Server, CICD, DevOps and SaaS products across on-premise and cloud based on kubernetes, with fully-managed open source and enterprise-level Tmax software. TriggerMesh's cloud native integration platform provides complete lifecycle management of serverless functions and tools for enabling workflows across clouds and traditional data center applications. Tufin:Gain visibility and control of your network security posture across Cloud Native and hybrid cloud environments to ensure continuous compliance and achieve zero trust without compromising the velocity of cloud native development and deployment vChain'sCodeNotary is making the world a better place by replacing cumbersome, expensive and insecure digital certificates with free and tamperproof digital notarizations using open source software. Viable Datahelps public and private organisations solve their most complex challenges, transform their business and embed lasting performance improvements. WhizUsis a highly skilled Austrian DevOps team of Kubernetes Enterprise Consultants, supporting you to build up your K8s cluster in your chosen environment, according to your needs. XenonStack is an Enterprise Data and AI Platform development and Solutions company for Hybrid, Multi-Cloud Environments. Managing, Architecting and Development of Cloud Native Applications for Kubernetes. x-ionis the pioneer for tailor-made and secure cloud infrastructure solutions and a provider of premium services for businesses on their way into the cloud. Zettasetoffers a software platform that provides transparent, high performance encryption across all virtual, physical and cloud environments. About the newest Nonprofit Member: KETIis a leading R&D institute specializing in electronics and IT under the Ministry of Trade, Industry and Energy of Korea. Since its establishment in 1991, KETI has led the growth of small and midsize Korean enterprises in the high-tech industry and remain committed to growing together with companies in the global market, focusing on more real-world applications beyond the lab. About the newest End User Members & Supporters: Adventure Box TechnologyAB provides a web-based 3D gaming platform that makes it easy and fun to make, share and play computer games online. Architechtis a technology company operating in Turkey, MENA, Europe, and South Asia that develops core banking systems and fintech enabling platforms. Babylon Healthis the U.K's leading digital healthcare service with the purpose of putting an accessible and affordable health service in the hands of every person on earth. Cordialis a flexible, real-time platform for marketing teams and technologists to deliver personal, relevant, and emotionally intelligent messages across any channel. Doc.aiis a digital health platform that enables the collection of real world medical data and life data, empowering our customers to optimize engagement and accelerate insights by delivering compelling experiences for individuals. EverQuoteoperates a leading online insurance marketplace in the U.S. connecting consumers with insurance providers to help them protect life's most important assets - their family, property, and future. iHerbprovides a wide selection of health and wellness products to individuals around the globe at a reasonable cost. Kingis a leading interactive entertainment company for the mobile world, with people all around the world playing one or more of their games, including franchises such as Candy Crush, Farm Heroes, Bubble Witch and Pet Rescue. Kongsberg Satellite Servicesis a world leading provider of communication services for spacecraft and launch vehicles from our uniquely located global ground network, and provides advanced monitoring services with rapid delivery based on multiple satellite missions. meeplis an instant 3D body reconstruction platform enabling scalable made-to-measure, size recommendation and 3D virtual dressing room services for fashion e-commerce. MHI Vestas Offshore Windco-develops offshore wind as an economically viable and sustainable energy resource to benefit future generations. Monzo Bankhas over 3.8m customers and its mission is to make money work for everyone. N26 is building a global bank the world loves to use. NetMatchis a travel technology company that builds smart, relevant and outstanding solutions to enable online travel companies. NN Insurance Eurasiais a financial services company active in 18 countries, committed to helping customers secure their financial future, offering retirement services, insurance, investments and banking products. OpenTablebrings together people and the restaurants they love in the moments that matter. Pagero helps users digitalise and streamline their entire purchase-to-pay and order-to-cash processes via a single connection to our cloud-based network. PayItis bringing governments and people closer together through its award-winning, disruptive platform that enables residents to access essential government services from any device. RStudiois dedicated to sustainable investment in free and open-source software for data science, to help people understand and improve the world through data. Snow's mission is to provide complete insight and manageability across all technology. Springer Nature's imprints, books, journals, platforms and technology solutions reach millions of people opening the doors to discovery for our communities by enabling them to access, trust and make sense of the latest research, so that they can improve outcomes, make progress, and benefit the generations that follow. Thermo Fisher Scientific Inc.is the world leader in serving science. Our mission is to enable our customers to make the world healthier, cleaner and safer. Twitteris a microblogging and social networking service. Ubisoft is a leading creator, publisher, and distributor of interactive entertainment and services, with a rich portfolio of world-renowned brands, including Assassin's Creed, Just Dance, Tom Clancy's video game series, Rayman, Far Cry, and Watch Dogs. Ultimateprovides HCM solutions designed to improve the employee experience by putting people firstHR, payroll, talent, time and scheduling, engagement surveys, HR service delivery, and more. Yelpconnects people with great local businesses. With the addition of these new members, there are now over 140 organizations in the CNCF End User Community. This group regularly meets to share adoption best practices and feedback on project roadmaps and future projects for CNCF technical leaders to consider. Additional Resources CNCF Newsletter CNCF Twitter CNCF Blog Learn About CNCF Membership Learn About CNCF End User Supporters Join the CNCF conversation on Slack About Cloud Native Computing FoundationCloud native computing empowers organizations to build and run scalable applications with an open source software stack in public, private, and hybrid clouds. The Cloud Native Computing Foundation (CNCF) hosts critical components of the global technology infrastructure, including Kubernetes, Prometheus, and Envoy. CNCF brings together the industry's top developers, end users, and vendors, and runs the largest open source developer conferences in the world. Supported by more than 500 members, including the world's largest cloud computing and software companies, as well as over 200 innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, please visit www.cncf.io. The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademarkusage page. Linux is a registered trademark of Linus Torvalds. Media ContactJessie Adams-ShoreThe Linux Foundation[emailprotected] SOURCE Cloud Native Computing Foundation Related Links http://www.cncf.io
Answer: | The Cloud Native Computing Foundation Adds 81 Members to Reach New Heights Foundation welcomes new members including Cyber Armor, Monzo, Twitter and Ubisoft to help define the future of the cloud native ecosystem | SAN FRANCISCO, March 31, 2020 /PRNewswire/ --The Cloud Native Computing Foundation(CNCF), which builds sustainable ecosystems for cloud native software, today announced that 81 new members and end user supporters have joined the Foundation, bringing total membership to 560 organizations. This significant increase in membership comes on the heels of CNCF's new 2019 survey which gathered insights from almost 1,400 developers. The survey found that usage in production of nearly all 24 CNCF projects has increased. Notably, 78 percent of respondents indicated they are using Kubernetes in production, a 20 percent increase from last year's findings. "We are once again amazed by the level of interest, diversity, and caliber of joining companies," said Dan Kohn, executive director of the Cloud Native Computing Foundation. "Over 200 new members including technology vendors, end users, and non-profit organizations have joined CNCF in the last year alone. Thanks to their support, we can provide a number of services as well as a neutral home for our growing number of diverse open source, cloud native projects that are solving some of today's most pressing issues." These new members will also join CNCF this summer for the upcoming 2020 KubeCon + CloudNativeCon events, including KubeCon + CloudNativeCom EUin Amsterdam from August 13 16, 2020, and KubeCon + CloudNativeCon NAfrom November 17 20, 2020 in Boston. About the newest Silver Members: 1NCEis an IoT network carrier offering managed connectivity services such as the 1NCE IoT Flat Rate for business customers and a Platform-as-a-Service solution for mobile network operators. Aerospike, a next generation NoSQL data platform, powers real-time, extreme scale applications with peak performance for large datasets, five-9's+ uptime, strong consistency and operational simplicity AsiaInfo is an innovative provider of software and IT services to the telecommunications industry. Biznet Gio Cloudis an Integrated Cloud Service Provider based in Indonesia providing a wide range of IaaS and consulting services from private cloud, public cloud, hybrid cloud, architecture design, implementation, all the way to daily managed services. Blue Sentryelevates businesses to the Amazon Cloudfrom planning and migration to next-generation managed services. BONCLOUDis a leading provider of the fields of cloud computing and AI in China, devoted to providing secure and reliable cloud computing basic services and solutions. Btechis a leader in system integration of enterprise cloud and modern infrastructure and platform in Indonesia and put forward trusted and proven open technologies to the customers Chronosphereis the monitoring platform purpose built for the Cloud-Native era and provides enterprises with the most cost efficient, reliable and scalable monitoring solution on the market. Cloudamis a cloud asset manager and experts in cloud cost optimization. CTO.aienables developers to build, run, share and discover workflow automations; through The Ops Platform teams and community, users can containerize repeatable tasks and run them through our shared command-line or Slack. Cyber Armorempowers DevOps to seamlessly deploy inherently secured solutions across cloud native, hybrid and multi-cloud environments applying continuous in-memory protection of workloads and assuring only authenticated workloads can run, communicate and access data. DataStaxis the company behind the leading NoSQL database built on Apache Cassandra. DevSpace Technologiesenables organizations to turn any Kubernetes cluster into a powerful developer platform providing a self-service system for creating isolated namespaces and an open-source CLI for streamlining development and deployment workflows. eCloudTechis the pioneer CDM R&D company in China, committed to providing enterprise with cloud data management products, offered enterprise data management total solution. Eficodeis the leading DevOps company in Europe, transforming companies, upskilling teams, and building solutions that harness automation and cloud computing. Elotlmakes Nodeless Kubernetes which enables you to run your Kubernetes workloads in a cost effective, secure, simple, cloud-agnostic manner resulting in 80% cost savings, improved multi-tenant security, simplified operations, and freedom from cloud vendor lock in. HashiCorpprovides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders use the value in their data to innovate intelligently and reach outcomes that matter for business and society. HyScale is a platform that makes software deployments to multi-cloud Kubernetes fast and easy for agile development teams. in2tive: in2tive Ozone is a Kubernetes and a Microservice first solution that manages multi cloud deployments and provides end-to-end workflows for managing and controlling your deployments while abstracting away the underlying implementations and providing them straight out of the box. KBSYSis an open platform MSA specialist and has been contributing to customer success in the development, deployment and management of cloud native applications on top of Kubernetes. kloiais a new-era DevOps and cloud consultancy that offers extensive Kubernetes solutions such as Managed Services, Audits, Trainings, on the job training, Multi-Cloud and Enterprise Kubernetes Support. Kubernativeis an initiative to expand and facilitate the use of Kubernetes in companies and productive environments through training, consulting services as well as our own Kubernetes distribution suitable for the target group. Launcher's vision is to be a technology-leading hybrid cloud service provider and bring hybrid cloud service to every organization for digital transformation. Layer5empowers service owners by exploiting the unique role service meshes have in augmenting how modern applications are designed, delivered, and managed. LeftShiftis a Germany based consulting firm that helps organisations build and operate world-class cloud-native solutions to increase business value and drive innovation. Lenses.ioallows you to access the full power Kubernetes helping you drive DataOps in your company to deliver new data experiences. Our Real-time applications and data operation portal makes developing and deploying streaming applications via Kubernetes a walk in the park. LOGIQ.aiis a leading provider of S3 powered analytics software and creator of LOGIQ Log Insights: The Only S3 Powered Log Aggregation and Analysis Solution. Magalixaccelerates your cloud-native journey by providing insights and recommendations to get your Kubernetes and applications production-ready while bringing your team up to speed. N-Able Cloud Consultancy & Trainingdelivers high end Kubernetes training courses to become a certified Kubernetes expert. NS1automates the deployment and delivery of the world's most trafficked internet and enterprise applications and networks worldwide with its next-generation DNS, DHCP and IP Address Management solutions. OGIS-RIis a well experienced cloud integrator in Japan. We design, deploy and operate hybrid-could and cloud native system. Especially focused on ERP, Data Analysis, DX, AI, Cloud Migration etc. OverOps is a Continuous Reliability solution that helps identify, prevent and resolve critical software issues before customer experience is impacted. OVOOis specialized in Real-Time TELCO grade services, guiding customers in the digital transformation journey from the legacy to the cloud-native DevOps deployment model. Predatardelivers data protection as a service across everything from cloud native workloads to old school mainframe with one platform. Rakutenis a global leader in internet services and Rakuten Mobile, a Rakuten Group company, is Japan's newest mobile carrier, operating the world's first end-to-end fully virtualized mobile network. Rdx.net: Run your legacy apps on Kubernetes without code changes. Redeployare Azure, Kubernetes, and CloudOps experts, setting new standards for how things should be built and run in the Cloud, based in Sweden. Red Kubesbootstraps your Enterprise Kubernetes journey with a turnkey preconfigured application orchestrator called Otomi Stack. Snaptprovides powerful, easy-to-use, modern load balancing and web acceleration for next-gen and DevOps teams. Spectro Cloudis a SaaS platform that gives enterprises control over Kubernetes ecosystem integrations, consistently and at scale. Stakateris a Kubernetes experts company enabling enterprises to realize the full potential of Kubernetes and its ecosystem, by assisting their journey across Strategy, Development and Operations. StreamNativeis a cloud-native event streaming company that offers a cloud-native event streaming platform powered by Apache Pulsar to enable companies to access enterprise data as real-time event streams. Threat Stackdelivers proactive risk identification and real-time threat detection across cloud workloads from build-time to runtime. TimescaleDBis the open source time-series SQL database designed for instant access and fast complex queries of massive volumes of data, including long-term storage for Prometheus data. TmaxA&Cprovides AI and cloud platforms and services that integrate all the elements of the cloud, including AI, platforms, and applications, and lead the intelligent information society. Develops Server, CICD, DevOps and SaaS products across on-premise and cloud based on kubernetes, with fully-managed open source and enterprise-level Tmax software. TriggerMesh's cloud native integration platform provides complete lifecycle management of serverless functions and tools for enabling workflows across clouds and traditional data center applications. Tufin:Gain visibility and control of your network security posture across Cloud Native and hybrid cloud environments to ensure continuous compliance and achieve zero trust without compromising the velocity of cloud native development and deployment vChain'sCodeNotary is making the world a better place by replacing cumbersome, expensive and insecure digital certificates with free and tamperproof digital notarizations using open source software. Viable Datahelps public and private organisations solve their most complex challenges, transform their business and embed lasting performance improvements. WhizUsis a highly skilled Austrian DevOps team of Kubernetes Enterprise Consultants, supporting you to build up your K8s cluster in your chosen environment, according to your needs. XenonStack is an Enterprise Data and AI Platform development and Solutions company for Hybrid, Multi-Cloud Environments. Managing, Architecting and Development of Cloud Native Applications for Kubernetes. x-ionis the pioneer for tailor-made and secure cloud infrastructure solutions and a provider of premium services for businesses on their way into the cloud. Zettasetoffers a software platform that provides transparent, high performance encryption across all virtual, physical and cloud environments. About the newest Nonprofit Member: KETIis a leading R&D institute specializing in electronics and IT under the Ministry of Trade, Industry and Energy of Korea. Since its establishment in 1991, KETI has led the growth of small and midsize Korean enterprises in the high-tech industry and remain committed to growing together with companies in the global market, focusing on more real-world applications beyond the lab. About the newest End User Members & Supporters: Adventure Box TechnologyAB provides a web-based 3D gaming platform that makes it easy and fun to make, share and play computer games online. Architechtis a technology company operating in Turkey, MENA, Europe, and South Asia that develops core banking systems and fintech enabling platforms. Babylon Healthis the U.K's leading digital healthcare service with the purpose of putting an accessible and affordable health service in the hands of every person on earth. Cordialis a flexible, real-time platform for marketing teams and technologists to deliver personal, relevant, and emotionally intelligent messages across any channel. Doc.aiis a digital health platform that enables the collection of real world medical data and life data, empowering our customers to optimize engagement and accelerate insights by delivering compelling experiences for individuals. EverQuoteoperates a leading online insurance marketplace in the U.S. connecting consumers with insurance providers to help them protect life's most important assets - their family, property, and future. iHerbprovides a wide selection of health and wellness products to individuals around the globe at a reasonable cost. Kingis a leading interactive entertainment company for the mobile world, with people all around the world playing one or more of their games, including franchises such as Candy Crush, Farm Heroes, Bubble Witch and Pet Rescue. Kongsberg Satellite Servicesis a world leading provider of communication services for spacecraft and launch vehicles from our uniquely located global ground network, and provides advanced monitoring services with rapid delivery based on multiple satellite missions. meeplis an instant 3D body reconstruction platform enabling scalable made-to-measure, size recommendation and 3D virtual dressing room services for fashion e-commerce. MHI Vestas Offshore Windco-develops offshore wind as an economically viable and sustainable energy resource to benefit future generations. Monzo Bankhas over 3.8m customers and its mission is to make money work for everyone. N26 is building a global bank the world loves to use. NetMatchis a travel technology company that builds smart, relevant and outstanding solutions to enable online travel companies. NN Insurance Eurasiais a financial services company active in 18 countries, committed to helping customers secure their financial future, offering retirement services, insurance, investments and banking products. OpenTablebrings together people and the restaurants they love in the moments that matter. Pagero helps users digitalise and streamline their entire purchase-to-pay and order-to-cash processes via a single connection to our cloud-based network. PayItis bringing governments and people closer together through its award-winning, disruptive platform that enables residents to access essential government services from any device. RStudiois dedicated to sustainable investment in free and open-source software for data science, to help people understand and improve the world through data. Snow's mission is to provide complete insight and manageability across all technology. Springer Nature's imprints, books, journals, platforms and technology solutions reach millions of people opening the doors to discovery for our communities by enabling them to access, trust and make sense of the latest research, so that they can improve outcomes, make progress, and benefit the generations that follow. Thermo Fisher Scientific Inc.is the world leader in serving science. Our mission is to enable our customers to make the world healthier, cleaner and safer. Twitteris a microblogging and social networking service. Ubisoft is a leading creator, publisher, and distributor of interactive entertainment and services, with a rich portfolio of world-renowned brands, including Assassin's Creed, Just Dance, Tom Clancy's video game series, Rayman, Far Cry, and Watch Dogs. Ultimateprovides HCM solutions designed to improve the employee experience by putting people firstHR, payroll, talent, time and scheduling, engagement surveys, HR service delivery, and more. Yelpconnects people with great local businesses. With the addition of these new members, there are now over 140 organizations in the CNCF End User Community. This group regularly meets to share adoption best practices and feedback on project roadmaps and future projects for CNCF technical leaders to consider. Additional Resources CNCF Newsletter CNCF Twitter CNCF Blog Learn About CNCF Membership Learn About CNCF End User Supporters Join the CNCF conversation on Slack About Cloud Native Computing FoundationCloud native computing empowers organizations to build and run scalable applications with an open source software stack in public, private, and hybrid clouds. The Cloud Native Computing Foundation (CNCF) hosts critical components of the global technology infrastructure, including Kubernetes, Prometheus, and Envoy. CNCF brings together the industry's top developers, end users, and vendors, and runs the largest open source developer conferences in the world. Supported by more than 500 members, including the world's largest cloud computing and software companies, as well as over 200 innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, please visit www.cncf.io. The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademarkusage page. Linux is a registered trademark of Linus Torvalds. Media ContactJessie Adams-ShoreThe Linux Foundation[emailprotected] SOURCE Cloud Native Computing Foundation Related Links http://www.cncf.io |
edtsum240 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CORTEZ, Colo., June 30, 2020 /PRNewswire/ --Tuffy Security Products is now offering customers professional installation at the click of a button through a new partnership with Buy It Installed. When purchasing high-quality secure vehicle storage products at Tuffyproducts.com, customers can click the Buy It Installed button during the check-out process to receive convenient installation of their purchase by a certified professional craftsman. After a purchase is made, a local installer is matched to the service order and will schedule a service appointment within 24 hours after the Tuffy merchandise has shipped. Continue Reading How Buy It Installed Works Tuffy Security Products Logo Buy It Installed is an affordable and convenient installation option that takes the stress out of finding a skilled craftsman. Customers using the option when purchasing Tuffy Security safes, drawers, enclosures and lockboxes will be contacted to schedule hassle-free installation at either their home or office. With the company's "Total Happiness Guarantee," they can then relax knowing that a qualified, vetted professional will take care of the job in as little as 1-2 hours on average. "This new partnership with Buy It Installed is an ideal solution for consumers who rely on e-commerce, yet desire do-it-for-me service," explained Chip Olson, marketing director for Tuffy Security Products. "Some of our cargo management offerings, such as our portable lockboxes, do not require any installation. Even though our other vehicle specific items such as the enclosures, truck bed drawers and under seat lockboxes mount to existing original equipment points with no drilling requiring, we're very pleased to now be able to offer Buy It Installed service to give our customers this added installation convenience." About Tuffy Security Products Tuffy Security Products safeguard valuable gear with American-made craftsmanship. The full line of Tuffy security solutions provide premium, superior protection against theft, enable safe cargo management, increase gear accessibility and offer the option of flexible keyless lock-entry for multiple users. Tuffy Security Products is a portfolio company of Kinderhook Industries and part of the Bestop Premium Accessories Group. For more information, visit Tuffy Security Products' website at www.tuffyproducts.com or call 800-348-8339. Follow on Facebook: @tuffyproducts, Twitter: @tuffyproducts Media Contact:Shari ArfonsMcCullough Public Relations330.329.7862[emailprotected]SOURCE Tuffy Security Products Related Links http://www.tuffyproducts.com
Answer: | Tuffy Security Products Partners with Buy It Installed for Professional Product Installation | CORTEZ, Colo., June 30, 2020 /PRNewswire/ --Tuffy Security Products is now offering customers professional installation at the click of a button through a new partnership with Buy It Installed. When purchasing high-quality secure vehicle storage products at Tuffyproducts.com, customers can click the Buy It Installed button during the check-out process to receive convenient installation of their purchase by a certified professional craftsman. After a purchase is made, a local installer is matched to the service order and will schedule a service appointment within 24 hours after the Tuffy merchandise has shipped. Continue Reading How Buy It Installed Works Tuffy Security Products Logo Buy It Installed is an affordable and convenient installation option that takes the stress out of finding a skilled craftsman. Customers using the option when purchasing Tuffy Security safes, drawers, enclosures and lockboxes will be contacted to schedule hassle-free installation at either their home or office. With the company's "Total Happiness Guarantee," they can then relax knowing that a qualified, vetted professional will take care of the job in as little as 1-2 hours on average. "This new partnership with Buy It Installed is an ideal solution for consumers who rely on e-commerce, yet desire do-it-for-me service," explained Chip Olson, marketing director for Tuffy Security Products. "Some of our cargo management offerings, such as our portable lockboxes, do not require any installation. Even though our other vehicle specific items such as the enclosures, truck bed drawers and under seat lockboxes mount to existing original equipment points with no drilling requiring, we're very pleased to now be able to offer Buy It Installed service to give our customers this added installation convenience." About Tuffy Security Products Tuffy Security Products safeguard valuable gear with American-made craftsmanship. The full line of Tuffy security solutions provide premium, superior protection against theft, enable safe cargo management, increase gear accessibility and offer the option of flexible keyless lock-entry for multiple users. Tuffy Security Products is a portfolio company of Kinderhook Industries and part of the Bestop Premium Accessories Group. For more information, visit Tuffy Security Products' website at www.tuffyproducts.com or call 800-348-8339. Follow on Facebook: @tuffyproducts, Twitter: @tuffyproducts Media Contact:Shari ArfonsMcCullough Public Relations330.329.7862[emailprotected]SOURCE Tuffy Security Products Related Links http://www.tuffyproducts.com |
edtsum241 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ARLINGTON, Va., Nov. 30, 2020 /PRNewswire/ -- The Mitchell Institute for Aerospace Studies will release the first in a new podcast series titled The Aerospace Advantage on Monday, Nov. 30. Hosted by former Air Force Weapons School instructor and Thunderbird pilot Lt Col (ret.) John "Slick" Baum, the series will delve into all aspects of air and space warfare, emphasizing first-hand accounts from current experts in the field. Baum will guide listeners into the world of aerospace power, sharing insights from renowned experts on what it takes to fly, fight, and win in the sky, as well as how to advance and protect America's interests in space. Whether interviewing top generals, standing on a flight line full of combat aircraft, witnessing a rocket being prepared for launch, or listing to heroes who have laid it all on the line in defense of the nationthis podcast will afford unprecedented access to the combat aerospace community and unparalleled insight into where it is headedand why. Each episode will focus on a key challenge and feature senior leaders, frontline warfighters, technical experts, and experienced policy leaders sharing their behind-the-scenes insights on what it takes to accomplish the mission and how to make that happen. "The first five episodes will provide a foundational understanding of today's Air Force and Space Force and the issues these forces face," said Mitchell Institute Dean Lt Gen (ret) Dave Deptula. "Subsequent episodes delving into specific mission areas and technical zones. As a former combat fighter pilot, 'Slick' Baum is supremely qualified to make complex topics come to life for listeners and introduce them to current warfighterspeople they'd never meet otherwise." The Aerospace Advantagewill focus on making complex strategies, operational concepts, and technologies accessible to the layman and professional, alike. By emphasizing firsthand experiences and perspectives, the story of aerospace power will come to life for listeners at every experience level. "At the end of the day, this all comes down to better understanding what it takes to build and maintain the air and space power America needs to ensure a secure future," said Deptula. Listen to The Aerospace Advantage at: https://mitchellinstituteaerospaceadvantage.podbean.com as well as all major podcast outlets. New episodes will be released every other week. The Air Force Association's Mitchell Institute for Aerospace Studies educates the public about aerospace power's contribution to America's global interests, informs policy and budget deliberations, and cultivates the next generation of thought leaders to exploit the advantages of operating in air, space, and cyberspace. Visit mitchellaerospacepower.org. SOURCE Air Force Association
Answer: | Mitchell Institute Launches "Aerospace Advantage" Podcast Insiders' Perspectives on U.S. Air and Space Forces and the Use of Aerospace Power | ARLINGTON, Va., Nov. 30, 2020 /PRNewswire/ -- The Mitchell Institute for Aerospace Studies will release the first in a new podcast series titled The Aerospace Advantage on Monday, Nov. 30. Hosted by former Air Force Weapons School instructor and Thunderbird pilot Lt Col (ret.) John "Slick" Baum, the series will delve into all aspects of air and space warfare, emphasizing first-hand accounts from current experts in the field. Baum will guide listeners into the world of aerospace power, sharing insights from renowned experts on what it takes to fly, fight, and win in the sky, as well as how to advance and protect America's interests in space. Whether interviewing top generals, standing on a flight line full of combat aircraft, witnessing a rocket being prepared for launch, or listing to heroes who have laid it all on the line in defense of the nationthis podcast will afford unprecedented access to the combat aerospace community and unparalleled insight into where it is headedand why. Each episode will focus on a key challenge and feature senior leaders, frontline warfighters, technical experts, and experienced policy leaders sharing their behind-the-scenes insights on what it takes to accomplish the mission and how to make that happen. "The first five episodes will provide a foundational understanding of today's Air Force and Space Force and the issues these forces face," said Mitchell Institute Dean Lt Gen (ret) Dave Deptula. "Subsequent episodes delving into specific mission areas and technical zones. As a former combat fighter pilot, 'Slick' Baum is supremely qualified to make complex topics come to life for listeners and introduce them to current warfighterspeople they'd never meet otherwise." The Aerospace Advantagewill focus on making complex strategies, operational concepts, and technologies accessible to the layman and professional, alike. By emphasizing firsthand experiences and perspectives, the story of aerospace power will come to life for listeners at every experience level. "At the end of the day, this all comes down to better understanding what it takes to build and maintain the air and space power America needs to ensure a secure future," said Deptula. Listen to The Aerospace Advantage at: https://mitchellinstituteaerospaceadvantage.podbean.com as well as all major podcast outlets. New episodes will be released every other week. The Air Force Association's Mitchell Institute for Aerospace Studies educates the public about aerospace power's contribution to America's global interests, informs policy and budget deliberations, and cultivates the next generation of thought leaders to exploit the advantages of operating in air, space, and cyberspace. Visit mitchellaerospacepower.org. SOURCE Air Force Association |
edtsum242 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN DIEGO, Nov. 5, 2020 /PRNewswire/ -- Platform Science, a leading enterprise IoT fleet management and Application Developer platform, today announced the next phase of its collaboration with Samsung Electronics America to bring next-generation mobility solutions to enterprise fleets. This partnership will support the growing number of fleet organizations, which are dramatically improving the in-cab experience by providing drivers with ruggedized enterprise-level mobile devices, instead of having them use their own smartphone or rely on in-vehicle computers. Platform Science's purpose-built Remote Platform Management (RPM) and Samsungs ruggedized tablets offer optimal mobility experience to Werner Enterprises (PRNewsfoto/Platform Science) By pairing Samsung's mobile devices with Platform Science's Remote Platform Management ("RPM") products, fleets can transform their ruggedized devices into easily customized computing tools. Introduced in 2017--and designed specifically for the transportation industry--RPM enables enterprise fleets to connect and manage the core of the Connected Vehicle experience: devices, apps data and vehicles. In one seamless solution, RPM combines the functionality of mobile device management (MDM), mobile application management (MAM) and device-to-vehicle connectivity - all natively built into the Platform Science open telematics platform. RPM allows fleets to dynamically deploy the right applications to individual drivers and devices at any time and ensures that they are paired with the right vehicles. Uniquely, RPM ensures that each application is hosted locally at the edge when low latency is critical or 24/7 access is required, or in the cloud, when real-time processing is not essential. Currently, RPM has produced over a billion distraction-free miles and counting for its current customers. Combining Samsung's Galaxy Tab Active line for over-the-road (OTR) use with Platform Science's RPM positions fleets to support mobility needs, optimize relevant data presentation and manage workflows for drivers. It also ensures safety and compliance are not compromised. In addition, the combined offering provides fleet managers the tools to integrate and share data between apps used on individual driver devices, and tie them into back-end systems and vehicle sensors. This helps to control individual drivers' overall mobile experience."The growing use of smartphones, tablets and mobile apps in-vehicle has been a key enabler of digital transformation within the trucking industry," said Jake Fields, co-founder and CTO of Platform Science. "While mobile usage expands capabilities of fleets and drivers, the increase in mobile devices and apps being used results in a more fragmented data and user experience. We built a Fleet MDM focused on the transportation sector to strengthen a fleet's operations through the easy management of driver tablets, the apps on those tablets and the interaction they both have with vehicle and driver. The fleets we've partnered with require safe, ruggedized equipment for drivers' day-to-day activities, which is how Samsung got selected as the tablet of choice, coupled with RPM." Samsung developed user-friendly, cost-effective and reliable ruggedized tablets built with open architecture support in mind. The tablets are purpose-built for transportation, able to withstand the elements, while being light, mobile and intuitive. It also offers attractive price points so that businesses have an easier time rolling them out across entire fleets.Security is also a key component for fleets, and the wide range of security features offered by Samsung Knox works seamlessly with the Platform Science technology to ensure the highest levels of security on these devices."Samsung built our Tab Active lineup to support businesses requiring ruggedness in a sleek form factor, as they undergo digital transformation," stated Taher Behbehani, Head of Mobile B2B Division, SVP and General Manager, Samsung Electronics America. "Working with innovative partners to optimize business mobility across industries is a key part of Samsung's B2B strategy. This collaboration brings together our best-in-class ruggedized tools with Platform Science's innovative enterprise fleet management solution to deliver next-level mobile performance for transportation applications." As a champion of mobility innovation, Werner Enterprises has optimized its operations by implementing both Samsung tablets and Platform Science's RPM functionality. By Q1 2021, Platform Science technology will be integrated within Werner's fleet of nearly 8,000 trucks through Werner's new, tablet-based telematics solution, EDGE Connect. This new telematics device is one of many technology rich solutions developed through Werner's innovation initiative, Werner EDGE. The platform will allow easy deployment of new applications and services that support Werner's unique business needs, meet evolving compliance requirements, and enhance the overall driver experience."As a driver-first company, Werner remains focused on developing technology-rich solutions that improve efficiency and safety for our drivers," explains Danny Lilley, VP of Product and Engineering for Werner Enterprises. "Along with our innovation initiative Werner EDGE, partnerships with Samsung and Platform Science further our unwavering commitment to our drivers and moving the industry forward."ABOUT PLATFORM SCIENCEPlatform Science is transforming Transportation Technology by empowering enterprise fleets to take control of their technology on one user-friendly platform. Founded in 2015 Platform Science makes it easy to develop, deploy and manage mobile devices and applications on commercial vehicles, a process previously defined by fragmented architectures and proprietary protocols. The platform offers flexibility and delivers an unlimited canvas to fleets and developers seeking to innovate and create new solutions as customers' needs, businesses and industries evolve. For more information, visit www.platformscience.com.SOURCE Platform Science
Answer: | Platform Science and Samsung Join to Drive Next Phase of Tablet-Based Mobility Solutions for Fleets Purpose-built Remote Platform Management (RPM) and Samsung's ruggedized tablets offer optimal mobility experience to Werner Enterprises | SAN DIEGO, Nov. 5, 2020 /PRNewswire/ -- Platform Science, a leading enterprise IoT fleet management and Application Developer platform, today announced the next phase of its collaboration with Samsung Electronics America to bring next-generation mobility solutions to enterprise fleets. This partnership will support the growing number of fleet organizations, which are dramatically improving the in-cab experience by providing drivers with ruggedized enterprise-level mobile devices, instead of having them use their own smartphone or rely on in-vehicle computers. Platform Science's purpose-built Remote Platform Management (RPM) and Samsungs ruggedized tablets offer optimal mobility experience to Werner Enterprises (PRNewsfoto/Platform Science) By pairing Samsung's mobile devices with Platform Science's Remote Platform Management ("RPM") products, fleets can transform their ruggedized devices into easily customized computing tools. Introduced in 2017--and designed specifically for the transportation industry--RPM enables enterprise fleets to connect and manage the core of the Connected Vehicle experience: devices, apps data and vehicles. In one seamless solution, RPM combines the functionality of mobile device management (MDM), mobile application management (MAM) and device-to-vehicle connectivity - all natively built into the Platform Science open telematics platform. RPM allows fleets to dynamically deploy the right applications to individual drivers and devices at any time and ensures that they are paired with the right vehicles. Uniquely, RPM ensures that each application is hosted locally at the edge when low latency is critical or 24/7 access is required, or in the cloud, when real-time processing is not essential. Currently, RPM has produced over a billion distraction-free miles and counting for its current customers. Combining Samsung's Galaxy Tab Active line for over-the-road (OTR) use with Platform Science's RPM positions fleets to support mobility needs, optimize relevant data presentation and manage workflows for drivers. It also ensures safety and compliance are not compromised. In addition, the combined offering provides fleet managers the tools to integrate and share data between apps used on individual driver devices, and tie them into back-end systems and vehicle sensors. This helps to control individual drivers' overall mobile experience."The growing use of smartphones, tablets and mobile apps in-vehicle has been a key enabler of digital transformation within the trucking industry," said Jake Fields, co-founder and CTO of Platform Science. "While mobile usage expands capabilities of fleets and drivers, the increase in mobile devices and apps being used results in a more fragmented data and user experience. We built a Fleet MDM focused on the transportation sector to strengthen a fleet's operations through the easy management of driver tablets, the apps on those tablets and the interaction they both have with vehicle and driver. The fleets we've partnered with require safe, ruggedized equipment for drivers' day-to-day activities, which is how Samsung got selected as the tablet of choice, coupled with RPM." Samsung developed user-friendly, cost-effective and reliable ruggedized tablets built with open architecture support in mind. The tablets are purpose-built for transportation, able to withstand the elements, while being light, mobile and intuitive. It also offers attractive price points so that businesses have an easier time rolling them out across entire fleets.Security is also a key component for fleets, and the wide range of security features offered by Samsung Knox works seamlessly with the Platform Science technology to ensure the highest levels of security on these devices."Samsung built our Tab Active lineup to support businesses requiring ruggedness in a sleek form factor, as they undergo digital transformation," stated Taher Behbehani, Head of Mobile B2B Division, SVP and General Manager, Samsung Electronics America. "Working with innovative partners to optimize business mobility across industries is a key part of Samsung's B2B strategy. This collaboration brings together our best-in-class ruggedized tools with Platform Science's innovative enterprise fleet management solution to deliver next-level mobile performance for transportation applications." As a champion of mobility innovation, Werner Enterprises has optimized its operations by implementing both Samsung tablets and Platform Science's RPM functionality. By Q1 2021, Platform Science technology will be integrated within Werner's fleet of nearly 8,000 trucks through Werner's new, tablet-based telematics solution, EDGE Connect. This new telematics device is one of many technology rich solutions developed through Werner's innovation initiative, Werner EDGE. The platform will allow easy deployment of new applications and services that support Werner's unique business needs, meet evolving compliance requirements, and enhance the overall driver experience."As a driver-first company, Werner remains focused on developing technology-rich solutions that improve efficiency and safety for our drivers," explains Danny Lilley, VP of Product and Engineering for Werner Enterprises. "Along with our innovation initiative Werner EDGE, partnerships with Samsung and Platform Science further our unwavering commitment to our drivers and moving the industry forward."ABOUT PLATFORM SCIENCEPlatform Science is transforming Transportation Technology by empowering enterprise fleets to take control of their technology on one user-friendly platform. Founded in 2015 Platform Science makes it easy to develop, deploy and manage mobile devices and applications on commercial vehicles, a process previously defined by fragmented architectures and proprietary protocols. The platform offers flexibility and delivers an unlimited canvas to fleets and developers seeking to innovate and create new solutions as customers' needs, businesses and industries evolve. For more information, visit www.platformscience.com.SOURCE Platform Science |
edtsum243 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PRAGUEand REDWOOD CITY, Calif., Oct. 13, 2020 /PRNewswire/ --Avast(LSE:AVST), a global leader in digital security and privacy products, has announced the appointment of Marc Botham as VP of Worldwide Channel & Alliances, Avast Business. Botham joined Avast six months prior as Regional Director for the UK and Ireland and has quickly progressed to managing Avast's network of channel partners across the globe. Botham has over 20 years' experience, having worked as Senior Director for SMB Sales EMEA at Symantec, Senior Director of UK Channels at Microsoft, and most recently as Managing Director of UK & Ireland at Quest. An accomplished sales and channel director, Botham will use his experience to accelerate the growth of Avast's Channel & Alliances network. Botham said: "I am thrilled to be stepping into this exciting new role. Obviously the world has changed dramatically in the past six months since I joined the company, and our channel community and customers have had to adapt to meet the demands of remote and mobile users under extreme situations.We are responding with enhancements to our partner program to better support the partner community, and bringing new products to market likeAvast Business Secure Private Access to make this time of transition easier." Botham and his team are focused on delivering continued support for customers and partners. New initiatives include referral programs to help partners grow their businesses and reshaping the partner program so that it appeals to a broader range of partner types. Enhanced support is also being provided during the current COVID-19 crisis. Botham will report directly to Anthony O'Mara, VP Sales, Avast Business, and will manage a global team from Avast's office in London, UK. Commenting on the appointment, O'Mara said, "Marc joined us in March, and he's been a great addition to the team. With his extensive experience and contribution to the company thus far, we were delighted to appoint him as VP of Worldwide Channel & Alliance for Avast Business. His knowledge of the industry and experience working with businesses and partners will be a great asset as we continue to grow and strengthen the Avast Business portfolio." About Avast Business: Avast Business,www.avast.com/business, part of Avast (LSE:AVST), a global leader in cybersecurity products with over 435 million users, provides enterprise-grade endpoint and network security solutions for small and medium businesses (SMBs) and managed service providers (MSPs). Avast Business combines powerful integrated security with remote monitoring and management solutions to make it easy and affordable for businesses to protect, manage, and monitor complex and evolving network security layers. Backed by Avast's immense threat detection network, which is among the largest and most advanced in the world, Avast Business uses machine learning and artificial intelligence technologies to detect and stop threats in real time. Media contact[emailprotected] SOURCE Avast Related Links www.avast.com
Answer: | Avast Appoints Marc Botham as VP of Worldwide Channel & Alliances for Avast Business | PRAGUEand REDWOOD CITY, Calif., Oct. 13, 2020 /PRNewswire/ --Avast(LSE:AVST), a global leader in digital security and privacy products, has announced the appointment of Marc Botham as VP of Worldwide Channel & Alliances, Avast Business. Botham joined Avast six months prior as Regional Director for the UK and Ireland and has quickly progressed to managing Avast's network of channel partners across the globe. Botham has over 20 years' experience, having worked as Senior Director for SMB Sales EMEA at Symantec, Senior Director of UK Channels at Microsoft, and most recently as Managing Director of UK & Ireland at Quest. An accomplished sales and channel director, Botham will use his experience to accelerate the growth of Avast's Channel & Alliances network. Botham said: "I am thrilled to be stepping into this exciting new role. Obviously the world has changed dramatically in the past six months since I joined the company, and our channel community and customers have had to adapt to meet the demands of remote and mobile users under extreme situations.We are responding with enhancements to our partner program to better support the partner community, and bringing new products to market likeAvast Business Secure Private Access to make this time of transition easier." Botham and his team are focused on delivering continued support for customers and partners. New initiatives include referral programs to help partners grow their businesses and reshaping the partner program so that it appeals to a broader range of partner types. Enhanced support is also being provided during the current COVID-19 crisis. Botham will report directly to Anthony O'Mara, VP Sales, Avast Business, and will manage a global team from Avast's office in London, UK. Commenting on the appointment, O'Mara said, "Marc joined us in March, and he's been a great addition to the team. With his extensive experience and contribution to the company thus far, we were delighted to appoint him as VP of Worldwide Channel & Alliance for Avast Business. His knowledge of the industry and experience working with businesses and partners will be a great asset as we continue to grow and strengthen the Avast Business portfolio." About Avast Business: Avast Business,www.avast.com/business, part of Avast (LSE:AVST), a global leader in cybersecurity products with over 435 million users, provides enterprise-grade endpoint and network security solutions for small and medium businesses (SMBs) and managed service providers (MSPs). Avast Business combines powerful integrated security with remote monitoring and management solutions to make it easy and affordable for businesses to protect, manage, and monitor complex and evolving network security layers. Backed by Avast's immense threat detection network, which is among the largest and most advanced in the world, Avast Business uses machine learning and artificial intelligence technologies to detect and stop threats in real time. Media contact[emailprotected] SOURCE Avast Related Links www.avast.com |
edtsum244 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CHICAGO, Nov. 12, 2020 /PRNewswire/ -- Hornitos Tequila, a premium tequila brand that believes nothing great ever happens without taking a chance, today announced "The Shot Fund," a multi-year, investment platform dedicated to empowering creative entrepreneurs taking shots at trailblazing ventures in their careers. As part of "The Shot Fund," Hornitos Tequila is committing to fostering the professional development and success of diverse and influential creatives in 2020 and beyond. Continue Reading (PRNewsfoto/Hornitos Tequila) "Ever since our founder Don Francisco introduced Hornitos Tequila as a Reposado in 1950 and established himself as an innovator in the tequila industry, we've been emboldened by the opportunity to take chances for the betterment of tequila," said Rashidi Hodari, Managing Director of Tequila at Beam Suntory. "That boundary-pushing spirit stands as the driving force behind 'The Shot Fund,' an initiative that provides those who share our revolutionary mentality with the funds needed to continue pushing the envelope and breaking barriers in their field." The inaugural cohort of "The Shot Fund" making strides with support from Hornitos Tequila features creatives representing a wide range of cultures and industries, including: Dr. Woo: Acclaimed celebrity tattoo artist and creative visionary Dr. Woo concepted his own skincare line after seeing an unfulfilled need for consciously crafted products in the market, especially for those freshly inked. With financial backing and launch partnership from Hornitos Tequila, Dr. Woo debuted his first line of personal care products from PROJECTWOO, his new lifestyle brand, earlier this year to incredible praise, despite challenges the COVID-19 pandemic presented. Lourdes Villagmez: Mexican visual artist Lourdes Villagmez quit her job as a graphic designer to pursue her passion for creating art inspired by her Mexican culture. In 2020, Hornitos Tequila helped Lourdes expand her work into the United States by featuring it on the brand's 2020 Hornitos Tequila Limited Release Artist Edition packaging. Hornitos Tequila continued to broaden Lourdes' platform by spotlighting her artwork as part of a celebratory Dia de los Muertos activation hosted on the brand's Instagram channel, and with a second packaging collaboration due out in 2021. Black Archivist: Black Archivist, a campaign by photographer Paul Octavious, showcases the power of the Black narrative and emphasizes the need for Black artists to tell the stories of their community through photography. To enable Black Archivist, Hornitos Tequila invested in the launch of this new venture, furthering the organization's mission of providing cameras to Black photographers. Jon Gray, Ghetto Gastro Co-founder:Redefining the intersections of fashion, music, film and visual art by utilizing food as the spark to larger conversations around inclusion, race and economic empowerment, Ghetto Gastro co-founder Jon Gray is set to launch a new, innovative consumer packaged goods platform to be unveiled in December 2020. With funding from Hornitos Tequila to launch his new venture, Gray's goal is to establish equitable food systems that dismantle traditional supply and access barriers. Diego Huerta: Texas-based Mexican photographer and filmmaker Diego Huerta took a shot at filmmaking with Charros & Escaramuzas, a documentary featuring the testimonials of men and women passionate about Mexico's national sport, charreria, a competitive event similar to rodeos. Beginning this year and continuing throughout 2021, Hornitos Tequila will provide the financial resources needed to extend the film's production, making Charros & Escaramuzas a bi-national project showcasing the union between Mexico and the United States, which is set to debut in 2021. "We were set to launch our first product at the beginning of 2020 and, like many start-ups around the world, we faced major uncertainty about the future of our company when the pandemic hit," said Dr. Woo, tattoo artist and member of Hornitos Tequila's inaugural "The Shot Fund" class. "With support from Hornitos Tequila, we were able to navigate these unknown territories and stay focused while trying to do some good for our community. Their partnership played a fundamental role in turning this idea into a reality as we officially embarked on this new adventure.""Hornitos Tequila encourages others to follow their heart and their passions, much like I did when I decided to pursue a full-time career as an artist," said Lourdes Villagmez, Mexican visual artist and member of Hornitos Tequila's inaugural "The Shot Fund" class. "It is incredibly important to do what you love to do, and I am honored to collaborate with a brand that inspires people like me to follow their dreams.""The Shot Fund" was inspired by Hornitos Tequila's own shot-taking history as a tequila brand, along with its track record of enabling change makers from all walks of life, including creators, artists, aspiring entrepreneurs, business owners and fans of the brand. This is further highlighted by the brand's "A Shot Worth Taking" campaign, which has inspired fans to push boundaries and take chances at achieving something great since its launch in 2017.Throughout 2020 and beyond, fans will have the opportunity to engage with the creative entrepreneurs featured in the inaugural "The Shot Fund" class on Hornitos Tequila's Instagram, Twitter and Facebook. To learn more about Hornitos Tequila and its shot-taking endeavors, visit www.hornitostequila.com. About Hornitos TequilaHornitos Tequila has a history of breaking tradition dating back to 1950 when founder Don Francisco launched the brand in honor of Mexican Independence Day. The Hornitos family of tequilas keeps Don Francisco's legacy alive, using the same high standards to cultivate the best and most flavorful agaves, molding them into premium tequilas that everyone can enjoy. He brought the celebrated spirit to new heights with the agave-robust Reposado, broke the rules to create a crystalline Plata, went above and beyond tequila standards to make an ultra-smooth and aromatic Aejo and pushed the boundaries of tequila innovation with whiskey barrel aged Hornitos Black Barrel Tequila and Hornitos Cristalino.70 years later, Hornitos inspires its fans to adopt the same boundary-pushing mindset through its "A Shot Worth Taking" campaign that highlights the extraordinary things that can happen when people are willing to take a chance. Since the inception of "A Shot Worth Taking" in 2017, Hornitos has empowered fans to take their shot and provided funds and opportunities to make their aspirations achievable. Drink Responsibly. Hornitos Tequila, 40% alc./vol. 2020 Sauza Tequila Import Company, Chicago, ILAll trademarks are the property of their respective owners.SOURCE Hornitos Tequila Related Links https://www.hornitostequila.com
Answer: | Hornitos Tequila Announces 'The Shot Fund' To Empower Today's Generation Of Shot Takers Multi-Year Initiative from Hornitos Tequila Provides Financial Assistance and Resources to Enable Diverse, Creative Entrepreneurs on their Shot-Taking Journey | CHICAGO, Nov. 12, 2020 /PRNewswire/ -- Hornitos Tequila, a premium tequila brand that believes nothing great ever happens without taking a chance, today announced "The Shot Fund," a multi-year, investment platform dedicated to empowering creative entrepreneurs taking shots at trailblazing ventures in their careers. As part of "The Shot Fund," Hornitos Tequila is committing to fostering the professional development and success of diverse and influential creatives in 2020 and beyond. Continue Reading (PRNewsfoto/Hornitos Tequila) "Ever since our founder Don Francisco introduced Hornitos Tequila as a Reposado in 1950 and established himself as an innovator in the tequila industry, we've been emboldened by the opportunity to take chances for the betterment of tequila," said Rashidi Hodari, Managing Director of Tequila at Beam Suntory. "That boundary-pushing spirit stands as the driving force behind 'The Shot Fund,' an initiative that provides those who share our revolutionary mentality with the funds needed to continue pushing the envelope and breaking barriers in their field." The inaugural cohort of "The Shot Fund" making strides with support from Hornitos Tequila features creatives representing a wide range of cultures and industries, including: Dr. Woo: Acclaimed celebrity tattoo artist and creative visionary Dr. Woo concepted his own skincare line after seeing an unfulfilled need for consciously crafted products in the market, especially for those freshly inked. With financial backing and launch partnership from Hornitos Tequila, Dr. Woo debuted his first line of personal care products from PROJECTWOO, his new lifestyle brand, earlier this year to incredible praise, despite challenges the COVID-19 pandemic presented. Lourdes Villagmez: Mexican visual artist Lourdes Villagmez quit her job as a graphic designer to pursue her passion for creating art inspired by her Mexican culture. In 2020, Hornitos Tequila helped Lourdes expand her work into the United States by featuring it on the brand's 2020 Hornitos Tequila Limited Release Artist Edition packaging. Hornitos Tequila continued to broaden Lourdes' platform by spotlighting her artwork as part of a celebratory Dia de los Muertos activation hosted on the brand's Instagram channel, and with a second packaging collaboration due out in 2021. Black Archivist: Black Archivist, a campaign by photographer Paul Octavious, showcases the power of the Black narrative and emphasizes the need for Black artists to tell the stories of their community through photography. To enable Black Archivist, Hornitos Tequila invested in the launch of this new venture, furthering the organization's mission of providing cameras to Black photographers. Jon Gray, Ghetto Gastro Co-founder:Redefining the intersections of fashion, music, film and visual art by utilizing food as the spark to larger conversations around inclusion, race and economic empowerment, Ghetto Gastro co-founder Jon Gray is set to launch a new, innovative consumer packaged goods platform to be unveiled in December 2020. With funding from Hornitos Tequila to launch his new venture, Gray's goal is to establish equitable food systems that dismantle traditional supply and access barriers. Diego Huerta: Texas-based Mexican photographer and filmmaker Diego Huerta took a shot at filmmaking with Charros & Escaramuzas, a documentary featuring the testimonials of men and women passionate about Mexico's national sport, charreria, a competitive event similar to rodeos. Beginning this year and continuing throughout 2021, Hornitos Tequila will provide the financial resources needed to extend the film's production, making Charros & Escaramuzas a bi-national project showcasing the union between Mexico and the United States, which is set to debut in 2021. "We were set to launch our first product at the beginning of 2020 and, like many start-ups around the world, we faced major uncertainty about the future of our company when the pandemic hit," said Dr. Woo, tattoo artist and member of Hornitos Tequila's inaugural "The Shot Fund" class. "With support from Hornitos Tequila, we were able to navigate these unknown territories and stay focused while trying to do some good for our community. Their partnership played a fundamental role in turning this idea into a reality as we officially embarked on this new adventure.""Hornitos Tequila encourages others to follow their heart and their passions, much like I did when I decided to pursue a full-time career as an artist," said Lourdes Villagmez, Mexican visual artist and member of Hornitos Tequila's inaugural "The Shot Fund" class. "It is incredibly important to do what you love to do, and I am honored to collaborate with a brand that inspires people like me to follow their dreams.""The Shot Fund" was inspired by Hornitos Tequila's own shot-taking history as a tequila brand, along with its track record of enabling change makers from all walks of life, including creators, artists, aspiring entrepreneurs, business owners and fans of the brand. This is further highlighted by the brand's "A Shot Worth Taking" campaign, which has inspired fans to push boundaries and take chances at achieving something great since its launch in 2017.Throughout 2020 and beyond, fans will have the opportunity to engage with the creative entrepreneurs featured in the inaugural "The Shot Fund" class on Hornitos Tequila's Instagram, Twitter and Facebook. To learn more about Hornitos Tequila and its shot-taking endeavors, visit www.hornitostequila.com. About Hornitos TequilaHornitos Tequila has a history of breaking tradition dating back to 1950 when founder Don Francisco launched the brand in honor of Mexican Independence Day. The Hornitos family of tequilas keeps Don Francisco's legacy alive, using the same high standards to cultivate the best and most flavorful agaves, molding them into premium tequilas that everyone can enjoy. He brought the celebrated spirit to new heights with the agave-robust Reposado, broke the rules to create a crystalline Plata, went above and beyond tequila standards to make an ultra-smooth and aromatic Aejo and pushed the boundaries of tequila innovation with whiskey barrel aged Hornitos Black Barrel Tequila and Hornitos Cristalino.70 years later, Hornitos inspires its fans to adopt the same boundary-pushing mindset through its "A Shot Worth Taking" campaign that highlights the extraordinary things that can happen when people are willing to take a chance. Since the inception of "A Shot Worth Taking" in 2017, Hornitos has empowered fans to take their shot and provided funds and opportunities to make their aspirations achievable. Drink Responsibly. Hornitos Tequila, 40% alc./vol. 2020 Sauza Tequila Import Company, Chicago, ILAll trademarks are the property of their respective owners.SOURCE Hornitos Tequila Related Links https://www.hornitostequila.com |
edtsum245 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: HOUSTON, Dec. 17, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), announced today that they believe the strong lack of support shown by the shareholders of Ring Energy at its December 15, 2020 Annual Meeting shows the Board needs to make changes as they no longer represent the best interests of all shareholders, and they continue to be concerned with the Board's poor performance, conflicts of interest and potential violations of fiduciary duties and disclosure obligations. While Ring Energy's December 15, 2020 press release claims its shareholders voted "decisively" to approve the new Chairman and other Directors to the Board, less than half of the 68.6 million shares present and available to vote at the meeting actually voted in favor of the new Chairman and other Directors, with 55% of shares present (~37.8 million shares) withholding votes either directly or through broker non-votes. Hardly a "decisive" victory as portrayed by Ring Energy, with the reality being that most of the shares present at the meeting did not support and approve the new Chairman and other Directors, which was decidedly not the case in the past five years as illustrated in the chart below. Director Votes Votes For Votes Withheld Broker Non-Votes Total 2020 45% 14% 41% 100% 2019 55% 11% 33% 100% 2018 65% 17% 18% 100% 2017 82% 2% 16% 100% 2016 83% 16% N/A 100% This clearly demonstrates a dramatic shift in shareholder support against the incumbent Board over the past few years. SK Energy and American Resources believe the reason for this lack of support is due to Ring Energy's significant underperformance relative to its peers in the oil and gas sector --- indeed, Ring Energy's share price is down ~72% year to date through December 15th vs. a drop of ~34% in the XOP (SPDR S&P Oil & Gas Exploration & Production ETF) over the same period -- as well as the deep conflicts of interest on the Board and between the Board and its new CEO, the significant dilution created by Ring Energy's recent equity offering, and Ring Energy's potential fiduciary duty and disclosure issues related to the equity offering that was promptly followed by the termination of its Delaware asset sale, all of which have been previously discussed in recent announcements by SK Energy and American Resources. In August 2020, SK Energy and American Resources proposed more than a dozen highly-qualified, independent individuals as candidates for the Board of Ring Energy none of whom were submitted to shareholders for approval at the recent Annual Meeting and SK Energy and American Resources again urge the Ring Energy Board to consider these candidates for immediate appointment to the Board. SK Energy and American Resources continue to call upon each individual shareholder and institutional shareholder of Ring Energy to examine the actions of the Board of Directors with regard to the appointment and compensation of its new CEO and the sale of Ring Energy shares in October 2020, and to also examine all of the other potential distractions that the Board may face and examine potential fiduciary duty issues and conflicts of interest that the Board may have. Given the significant lack of support of the Board as evidenced by their dismal Annual Meeting voting results, SK Energy and American Resources believe it is imperative that the incumbent Board heed the voice of its shareholders and promptly add shareholder representatives to the Board in an effort to improve the overall quality of corporate governance and help drive shareholder returns. About SK Energy LLC and Dr. Simon KukesSK Energy LLC is an investment company owned by Dr.Simon Kukes, a globally-renowned oil and gas industry executive. Dr. Kukes has held various positions over the years, including as President and CEO of Tyumen Oil Company (TNK) where he was involved in the ~$20 billion merger of TNK and British Petroleum to form TNK-BP in 2003, and as CEO of Hess Corporation's (NYSE: HES) Samara-Nafta subsidiary, where he was instrumental in the subsidiary's $2.05 billion sale to Lukoil in 2013. He is also currently the largest shareholder, CEO and director of PEDEVCO Corp. (NYSE MKT: PED), an NYSE-listed oil and gas company active in the Permian and D-J Basins. About American Resources, Inc.American Resources, Inc. ("ARI") is a Houston, Texas based oil and gas investment, development and operating company focused on acquisition of underexploited, distressed and/or undervalued oil and gas assets and companies where ARI believes its involvement can add value. ARI strives to maximize value through active management of assets and/or board level participation in its corporate investments. About Ring Energy, Inc.Founded in 2012, Ring Energy is aMidland, Texas-based oil and gas exploration, development and production company with current operations in the Permian Basin ofWest Texasand is recognized as the top producing oil basin inNorth America. SOURCE SK Energy LLC and American Resources, Inc.
Answer: | Large Ring Energy, Inc. Shareholders Note Strong Lack of Support of Board and Management at Annual Meeting and Continue to be Concerned with Erosion of Shareholder Value, Conflicts of Interest and Potential Violations of Fiduciary Duties | HOUSTON, Dec. 17, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), announced today that they believe the strong lack of support shown by the shareholders of Ring Energy at its December 15, 2020 Annual Meeting shows the Board needs to make changes as they no longer represent the best interests of all shareholders, and they continue to be concerned with the Board's poor performance, conflicts of interest and potential violations of fiduciary duties and disclosure obligations. While Ring Energy's December 15, 2020 press release claims its shareholders voted "decisively" to approve the new Chairman and other Directors to the Board, less than half of the 68.6 million shares present and available to vote at the meeting actually voted in favor of the new Chairman and other Directors, with 55% of shares present (~37.8 million shares) withholding votes either directly or through broker non-votes. Hardly a "decisive" victory as portrayed by Ring Energy, with the reality being that most of the shares present at the meeting did not support and approve the new Chairman and other Directors, which was decidedly not the case in the past five years as illustrated in the chart below. Director Votes Votes For Votes Withheld Broker Non-Votes Total 2020 45% 14% 41% 100% 2019 55% 11% 33% 100% 2018 65% 17% 18% 100% 2017 82% 2% 16% 100% 2016 83% 16% N/A 100% This clearly demonstrates a dramatic shift in shareholder support against the incumbent Board over the past few years. SK Energy and American Resources believe the reason for this lack of support is due to Ring Energy's significant underperformance relative to its peers in the oil and gas sector --- indeed, Ring Energy's share price is down ~72% year to date through December 15th vs. a drop of ~34% in the XOP (SPDR S&P Oil & Gas Exploration & Production ETF) over the same period -- as well as the deep conflicts of interest on the Board and between the Board and its new CEO, the significant dilution created by Ring Energy's recent equity offering, and Ring Energy's potential fiduciary duty and disclosure issues related to the equity offering that was promptly followed by the termination of its Delaware asset sale, all of which have been previously discussed in recent announcements by SK Energy and American Resources. In August 2020, SK Energy and American Resources proposed more than a dozen highly-qualified, independent individuals as candidates for the Board of Ring Energy none of whom were submitted to shareholders for approval at the recent Annual Meeting and SK Energy and American Resources again urge the Ring Energy Board to consider these candidates for immediate appointment to the Board. SK Energy and American Resources continue to call upon each individual shareholder and institutional shareholder of Ring Energy to examine the actions of the Board of Directors with regard to the appointment and compensation of its new CEO and the sale of Ring Energy shares in October 2020, and to also examine all of the other potential distractions that the Board may face and examine potential fiduciary duty issues and conflicts of interest that the Board may have. Given the significant lack of support of the Board as evidenced by their dismal Annual Meeting voting results, SK Energy and American Resources believe it is imperative that the incumbent Board heed the voice of its shareholders and promptly add shareholder representatives to the Board in an effort to improve the overall quality of corporate governance and help drive shareholder returns. About SK Energy LLC and Dr. Simon KukesSK Energy LLC is an investment company owned by Dr.Simon Kukes, a globally-renowned oil and gas industry executive. Dr. Kukes has held various positions over the years, including as President and CEO of Tyumen Oil Company (TNK) where he was involved in the ~$20 billion merger of TNK and British Petroleum to form TNK-BP in 2003, and as CEO of Hess Corporation's (NYSE: HES) Samara-Nafta subsidiary, where he was instrumental in the subsidiary's $2.05 billion sale to Lukoil in 2013. He is also currently the largest shareholder, CEO and director of PEDEVCO Corp. (NYSE MKT: PED), an NYSE-listed oil and gas company active in the Permian and D-J Basins. About American Resources, Inc.American Resources, Inc. ("ARI") is a Houston, Texas based oil and gas investment, development and operating company focused on acquisition of underexploited, distressed and/or undervalued oil and gas assets and companies where ARI believes its involvement can add value. ARI strives to maximize value through active management of assets and/or board level participation in its corporate investments. About Ring Energy, Inc.Founded in 2012, Ring Energy is aMidland, Texas-based oil and gas exploration, development and production company with current operations in the Permian Basin ofWest Texasand is recognized as the top producing oil basin inNorth America. SOURCE SK Energy LLC and American Resources, Inc. |
edtsum246 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MADISON, Wis., April 14, 2020 /PRNewswire/ -- Today Botanics & Health Inc., makers of Tru-Releaf, announced it will donate 25% of its revenues to Aurora Health Care in Milwaukee, to help support its healthcare workers who are providing the needed care to combat the pandemic affecting the world and Wisconsin. Tru-Releaf is an all-natural, topically applied pure CBD lotion that is THC-free, reduces pain and has no side-effects since it never enters the bloodstream. Michael J. Schultz, CEO of Botanics & Health Inc. stated, "We created Tru-Releaf to help others with their pain and as a member of the Wisconsin community, we want to support those who provide much needed care to others. The sacrifice we are making financially can't compare to the sacrifices they are making every day, and we will continue our support until the war against this pandemic is over. "Botanics & Health wants to be the example for all companies, small to large, to show how they can support our frontline healthcare providers in this historical time of need. By committing 25% of revenues, B&H shows its commitment to community, to our healthcare providers and to the business community. "To help Aurora Health and its workers, text 'relief' to 31996 to order Tru-Releaf online at a discount with the promo code 'aurora' and have it delivered to your door by the US Mail safely and securely. You will help yourself live pain free while helping support Aurora Health healthcare workers in this time of need." Botanics & Health Inc. works with all non-profits to help them in this time of need and encourages them to reach out to create fundraising opportunities. About Botanics & Health Inc.B&H is the maker of Tru-Releaf pure CBD topical pain relief lotion that is THC-free and provides precise CBD application to affected areas to relieve pain. Tru-Releaf was developed by Michael J. Schultz, its CEO and founder, as a way to help his wife, a stroke survivor who suffered from enormous pain and partial paralysis. Thanks to Tru-Releaf she has eliminated all opiates, as well as three other addictive prescription medicines, and lives a relatively pain-free life. It was this breakthrough that led him to work to legalize CBD for use nationally. B&H grows its own proprietary strain of hemp, extracts the CBD in an organic and earth-friendly process and formulates it into an all-natural and organic lotion that contains only one active ingredient, full-spectrum CBD. Tru-Releaf is grown and formulated proudly in the state of Wisconsin. Press ContactsBotanics & Health Inc.Jesse Spohn[emailprotected]www.tru-releaf.com(608) 824-0891 SOURCE Botanics & Health Inc. Related Links http://www.tru-releaf.com/
Answer: | Local Wisconsin Company pledges 25% of its revenues to support COVID-19 relief efforts in Wisconsin | MADISON, Wis., April 14, 2020 /PRNewswire/ -- Today Botanics & Health Inc., makers of Tru-Releaf, announced it will donate 25% of its revenues to Aurora Health Care in Milwaukee, to help support its healthcare workers who are providing the needed care to combat the pandemic affecting the world and Wisconsin. Tru-Releaf is an all-natural, topically applied pure CBD lotion that is THC-free, reduces pain and has no side-effects since it never enters the bloodstream. Michael J. Schultz, CEO of Botanics & Health Inc. stated, "We created Tru-Releaf to help others with their pain and as a member of the Wisconsin community, we want to support those who provide much needed care to others. The sacrifice we are making financially can't compare to the sacrifices they are making every day, and we will continue our support until the war against this pandemic is over. "Botanics & Health wants to be the example for all companies, small to large, to show how they can support our frontline healthcare providers in this historical time of need. By committing 25% of revenues, B&H shows its commitment to community, to our healthcare providers and to the business community. "To help Aurora Health and its workers, text 'relief' to 31996 to order Tru-Releaf online at a discount with the promo code 'aurora' and have it delivered to your door by the US Mail safely and securely. You will help yourself live pain free while helping support Aurora Health healthcare workers in this time of need." Botanics & Health Inc. works with all non-profits to help them in this time of need and encourages them to reach out to create fundraising opportunities. About Botanics & Health Inc.B&H is the maker of Tru-Releaf pure CBD topical pain relief lotion that is THC-free and provides precise CBD application to affected areas to relieve pain. Tru-Releaf was developed by Michael J. Schultz, its CEO and founder, as a way to help his wife, a stroke survivor who suffered from enormous pain and partial paralysis. Thanks to Tru-Releaf she has eliminated all opiates, as well as three other addictive prescription medicines, and lives a relatively pain-free life. It was this breakthrough that led him to work to legalize CBD for use nationally. B&H grows its own proprietary strain of hemp, extracts the CBD in an organic and earth-friendly process and formulates it into an all-natural and organic lotion that contains only one active ingredient, full-spectrum CBD. Tru-Releaf is grown and formulated proudly in the state of Wisconsin. Press ContactsBotanics & Health Inc.Jesse Spohn[emailprotected]www.tru-releaf.com(608) 824-0891 SOURCE Botanics & Health Inc. Related Links http://www.tru-releaf.com/ |
edtsum247 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NASHVILLE, Tenn., Nov. 12, 2020 /PRNewswire/ --Leading global tire maker Hankook Tire will equip the 2021 Chevrolet Silverado and GMC Sierra Heavy Duty models with Dynapro MT2 tires. Both the Silverado and Sierra, two of GM's most durable heavy-duty pickup trucks, will be fitted in the size LT275/70R18. Hankook Tire announces it is supplying the 2021 Chevrolet Silverado Heavy Duty models with the award-winning Dynapro MT2 tires, which will provide improved steering function and off-road capability. Hankook expands its partnership with GM to equip the 2021 GMC Sierra Heavy Duty models with the award-winning Dynapro MT2 tires. The Dynapro MT2, Hankook's Red Dot Award-winning new generation mud-terrain tire, is designed with off-road traction and on-road durability in mind. The Dynapro MT2 features an aggressive connected shoulder tread, V-shape shoulder scallops and stone-ejecting technology that provides additional rigidity, traction and protection against punctures. Engineered with 3D simulation software, the Dynapro MT2 comes equipped with an optimized terrain-strike tread design and a high turn-up three ply sidewall that provides added protection against off-road abrasions while also maintaining on-road comfort and functionality. "When designing the Dynapro MT2, we took special care in its steering functionality and driving comfort," said Hyunjun Cho, Head of Hankook Tire OE Division. "As a result, though it is an off-road tire, its on-road performance is quite pleasant." "The Dynapro MT2 is equipped with the most aggressive tread pattern that we have ever offered, making it a great fit for the heavy-duty Silverado and Sierra," said Kijong Kil,Vice President of Central R&D Center. "We developed the Dynapro MT2 with a new split mold technology and 3D simulation software that allows for a more aggressive tread with a seamless sidewall that helps reduce noise and improve durability." Hankook Tire began supplying original equipment tires to General Motors in 2002 and continues to equip multiple vehicles from GM such as the Chevrolet Malibu, Equinox, Spark, Sonic and Trailblazer, as well as the GMC Terrain and Buick Encore. Including the partnership with General Motors, Hankook Tire successfully supplies original equipment tires for 46 automakers.About Hankook Tire America Corp.Hankook Tire America Corp. is a growing leader in the U.S. tire market, leveraging investments in technology, manufacturing and marketing to deliver high-quality, reliable products that are safer for consumers and the environment. Headquartered in Nashville, Tennessee, Hankook America markets and distributes a complete line of high-performance and ultra-high-performance passenger tires, light truck and SUV tires as well as medium truck and bus tires in the United States. Hankook Tire America is a subsidiary of Hankook Tire Co., Ltd., a Forbes Global 2000 company headquartered in Seoul, Korea. SOURCE Hankook Tire America Corp.
Answer: | Hankook Tire to Supply 2021 Chevy Silverado and GMC Sierra Heavy Duty Models with Dynapro MT2 Tires | NASHVILLE, Tenn., Nov. 12, 2020 /PRNewswire/ --Leading global tire maker Hankook Tire will equip the 2021 Chevrolet Silverado and GMC Sierra Heavy Duty models with Dynapro MT2 tires. Both the Silverado and Sierra, two of GM's most durable heavy-duty pickup trucks, will be fitted in the size LT275/70R18. Hankook Tire announces it is supplying the 2021 Chevrolet Silverado Heavy Duty models with the award-winning Dynapro MT2 tires, which will provide improved steering function and off-road capability. Hankook expands its partnership with GM to equip the 2021 GMC Sierra Heavy Duty models with the award-winning Dynapro MT2 tires. The Dynapro MT2, Hankook's Red Dot Award-winning new generation mud-terrain tire, is designed with off-road traction and on-road durability in mind. The Dynapro MT2 features an aggressive connected shoulder tread, V-shape shoulder scallops and stone-ejecting technology that provides additional rigidity, traction and protection against punctures. Engineered with 3D simulation software, the Dynapro MT2 comes equipped with an optimized terrain-strike tread design and a high turn-up three ply sidewall that provides added protection against off-road abrasions while also maintaining on-road comfort and functionality. "When designing the Dynapro MT2, we took special care in its steering functionality and driving comfort," said Hyunjun Cho, Head of Hankook Tire OE Division. "As a result, though it is an off-road tire, its on-road performance is quite pleasant." "The Dynapro MT2 is equipped with the most aggressive tread pattern that we have ever offered, making it a great fit for the heavy-duty Silverado and Sierra," said Kijong Kil,Vice President of Central R&D Center. "We developed the Dynapro MT2 with a new split mold technology and 3D simulation software that allows for a more aggressive tread with a seamless sidewall that helps reduce noise and improve durability." Hankook Tire began supplying original equipment tires to General Motors in 2002 and continues to equip multiple vehicles from GM such as the Chevrolet Malibu, Equinox, Spark, Sonic and Trailblazer, as well as the GMC Terrain and Buick Encore. Including the partnership with General Motors, Hankook Tire successfully supplies original equipment tires for 46 automakers.About Hankook Tire America Corp.Hankook Tire America Corp. is a growing leader in the U.S. tire market, leveraging investments in technology, manufacturing and marketing to deliver high-quality, reliable products that are safer for consumers and the environment. Headquartered in Nashville, Tennessee, Hankook America markets and distributes a complete line of high-performance and ultra-high-performance passenger tires, light truck and SUV tires as well as medium truck and bus tires in the United States. Hankook Tire America is a subsidiary of Hankook Tire Co., Ltd., a Forbes Global 2000 company headquartered in Seoul, Korea. SOURCE Hankook Tire America Corp. |
edtsum248 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Workato, the leader in integration-led automation, today announced $110 million in Series D funding led by global investment firm Altimeter Capital alongside Insight Partners. Pauline Yang, partner at Altimeter Capital, will join Workato's board of directors as an observer. Existing investors, Redpoint Ventures and Battery Ventures, also participated in the round. This investment brings the total capital raised by the company to over $221 million and values Workato at $1.7 billion. Theres been explosive growth in business apps and cloud technologies, but their potential remains largely untapped. This explosion has created tech chaos with siloed data, fragmented business processes and broken UX, said Vijay Tella, CEO and co-founder of Workato. Workato addresses this with a single platform built for business and IT that easily, reliably, and securely connects their apps, data, and business processes so teams can work smarter and faster. With our new investment, were looking forward to helping other companies around the world use integration-led automation to transform how they work." Shaping the Future of Work for the Enterprise Workato allows companies to maximize the value of their apps, data and people by making it easy to integrate disconnected data and applications, and securely automate workflows to accelerate business outcomes. Previously, businesses attempted to achieve this using a patchwork of different technologies, including Robotic Process Automation (RPA), Integration Platform as a Service (iPaaS), business process management (BPM) and chatbots. This legacy approach requires teams of specialists and results in fragile application and workflow connections that are insecure and hard to scale. Workatos no code/low code platform combines enterprise-grade integration and automation capabilities in a single platform that is trusted by IT and easy to use for the business. With Workato, IT and business teams can more easily collaborate to rapidly integrate data, processes, applications and user experiences in almost any combination without compromising security and governance. Workatos integration-led automation platform is used by more than 7,000 businesses, including Broadcom, Coupa, Intuit, Autodesk, Nutanix and Rapid7. With a rapidly growing community of over 70,000 users who can create automations from scratch or get started faster with over 500,000 pre-built automation recipes, Workatos cloud-native platform automates processes in marketing, sales, finance, HR, IT, and many other business areas so that teams can work faster and smarter. A Record-Breaking Year Accelerated by COVID-19 and the Digital Imperative Since raising its $70 million Series C round in late 2019, Workato has: Workato will use the new investment to double down on its product innovation and technology development, continuing to lead the movement toward integration-led automation. The company will also expand its customer success program and launch its first user conference in 2021. Additionally, it will invest significantly in scaling teams in the U.S. and internationally in EMEA and APAC. "The explosion of SaaS apps and increasingly complex hybrid environments have accelerated the need for integration-led automation. Workato has experienced such viral adoption because they are the first to combine enterprise-level integration and automation capabilities in a single platform with consumer ease of use, said Pauline Yang, partner at Altimeter. "We are thrilled to be partnered with Vijay and the entire Workato team as they continue to transform how enterprises work." Our main challenges were the same challenges you see in most companies: rising costs, a growing IT backlog, and the need to effectively deal with risk. Now, two years into implementing Workato within our ML/NLP ecosystem, weve accelerated all of the work that IT does by over 30%. And although our company has grown rapidly, IT headcount and spend has remained flat, said Wendy M. Pfeiffer, CIO at Nutanix. Now that weve made headroom in our budget and within our existing team, we have the capacity for higher-level tasks. Weve achieved 100% compliance with our SLAs, and our internal NPS scores regularly measure in the 90s. You cant achieve this sustained performance by just staying the course. You have to use modern tools like Workato. About Workato The leader in integration-led automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for business and IT users, Workato is trusted by over 7,000 of the world's top brands like Broadcom, Intuit, Box, Autodesk, and HubSpot. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures and Redpoint Ventures. For more information, visit www.workato.com or connect with us on social media: 1. Gartner. Gartner Magic Quadrant for Enterprise Integration Platform as a Service. Gartner., 2020, https://www.gartner.com/en/documents/3990698/magic-quadrant-for-enterprise-integration-platform-as-a-.
Answer: | Workato Announces $110M at $1.7B Valuation to Transform How Enterprises Work with Integration-Led Automation Company nearly triples revenue and customer base, grows workloads per customer fourfold across data integration, process automation, and chatbots Over 7,000 customers now trust Workato to integrate hundreds of apps and securely automate more than a million workflows across finance, HR, sales, marketing, customer success and IT | MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Workato, the leader in integration-led automation, today announced $110 million in Series D funding led by global investment firm Altimeter Capital alongside Insight Partners. Pauline Yang, partner at Altimeter Capital, will join Workato's board of directors as an observer. Existing investors, Redpoint Ventures and Battery Ventures, also participated in the round. This investment brings the total capital raised by the company to over $221 million and values Workato at $1.7 billion. Theres been explosive growth in business apps and cloud technologies, but their potential remains largely untapped. This explosion has created tech chaos with siloed data, fragmented business processes and broken UX, said Vijay Tella, CEO and co-founder of Workato. Workato addresses this with a single platform built for business and IT that easily, reliably, and securely connects their apps, data, and business processes so teams can work smarter and faster. With our new investment, were looking forward to helping other companies around the world use integration-led automation to transform how they work." Shaping the Future of Work for the Enterprise Workato allows companies to maximize the value of their apps, data and people by making it easy to integrate disconnected data and applications, and securely automate workflows to accelerate business outcomes. Previously, businesses attempted to achieve this using a patchwork of different technologies, including Robotic Process Automation (RPA), Integration Platform as a Service (iPaaS), business process management (BPM) and chatbots. This legacy approach requires teams of specialists and results in fragile application and workflow connections that are insecure and hard to scale. Workatos no code/low code platform combines enterprise-grade integration and automation capabilities in a single platform that is trusted by IT and easy to use for the business. With Workato, IT and business teams can more easily collaborate to rapidly integrate data, processes, applications and user experiences in almost any combination without compromising security and governance. Workatos integration-led automation platform is used by more than 7,000 businesses, including Broadcom, Coupa, Intuit, Autodesk, Nutanix and Rapid7. With a rapidly growing community of over 70,000 users who can create automations from scratch or get started faster with over 500,000 pre-built automation recipes, Workatos cloud-native platform automates processes in marketing, sales, finance, HR, IT, and many other business areas so that teams can work faster and smarter. A Record-Breaking Year Accelerated by COVID-19 and the Digital Imperative Since raising its $70 million Series C round in late 2019, Workato has: Workato will use the new investment to double down on its product innovation and technology development, continuing to lead the movement toward integration-led automation. The company will also expand its customer success program and launch its first user conference in 2021. Additionally, it will invest significantly in scaling teams in the U.S. and internationally in EMEA and APAC. "The explosion of SaaS apps and increasingly complex hybrid environments have accelerated the need for integration-led automation. Workato has experienced such viral adoption because they are the first to combine enterprise-level integration and automation capabilities in a single platform with consumer ease of use, said Pauline Yang, partner at Altimeter. "We are thrilled to be partnered with Vijay and the entire Workato team as they continue to transform how enterprises work." Our main challenges were the same challenges you see in most companies: rising costs, a growing IT backlog, and the need to effectively deal with risk. Now, two years into implementing Workato within our ML/NLP ecosystem, weve accelerated all of the work that IT does by over 30%. And although our company has grown rapidly, IT headcount and spend has remained flat, said Wendy M. Pfeiffer, CIO at Nutanix. Now that weve made headroom in our budget and within our existing team, we have the capacity for higher-level tasks. Weve achieved 100% compliance with our SLAs, and our internal NPS scores regularly measure in the 90s. You cant achieve this sustained performance by just staying the course. You have to use modern tools like Workato. About Workato The leader in integration-led automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for business and IT users, Workato is trusted by over 7,000 of the world's top brands like Broadcom, Intuit, Box, Autodesk, and HubSpot. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures and Redpoint Ventures. For more information, visit www.workato.com or connect with us on social media: 1. Gartner. Gartner Magic Quadrant for Enterprise Integration Platform as a Service. Gartner., 2020, https://www.gartner.com/en/documents/3990698/magic-quadrant-for-enterprise-integration-platform-as-a-. |
edtsum249 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Global Radar Systems and Technology Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The radar systems and technology market is poised to grow by $6.14 billion during 2020-2024 progressing at a CAGR of 6% during the forecast period. The report on radar systems and technology 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 development of new airports and terminal expansion and growing concerns about increasing flight safety mechanism. The radar systems and technology market analysis include application segment and geographical landscapes. This study identifies the need for implementing enhanced data processing procedures as one of the prime reasons driving the radar systems and technology market growth during the next few years. 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. Companies Mentioned The radar systems and technology 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 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: 1. Executive Summary 2. Market Landscape 3. Market Sizing 4. Five Forces Analysis 5. Market Segmentation by Application 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/ao89zd
Answer: | Global Radar Systems and Technology Market (2020 to 2024) - Featuring Airbus, BAE Systems & General Dynamics Among Others - ResearchAndMarkets.com | DUBLIN--(BUSINESS WIRE)--The "Global Radar Systems and Technology Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The radar systems and technology market is poised to grow by $6.14 billion during 2020-2024 progressing at a CAGR of 6% during the forecast period. The report on radar systems and technology 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 development of new airports and terminal expansion and growing concerns about increasing flight safety mechanism. The radar systems and technology market analysis include application segment and geographical landscapes. This study identifies the need for implementing enhanced data processing procedures as one of the prime reasons driving the radar systems and technology market growth during the next few years. 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. Companies Mentioned The radar systems and technology 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 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: 1. Executive Summary 2. Market Landscape 3. Market Sizing 4. Five Forces Analysis 5. Market Segmentation by Application 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/ao89zd |
edtsum250 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Aug. 25, 2020 /PRNewswire/ -- In the most comprehensive study of its kind on the effects of the Music & Memory program, researchers from the Betty Irene Moore School of Nursing at UC Davisfound that personalized music is associated with a reduction in the amount of antipsychotic medication taken by nursing home residents and fewer distressed behaviors. The results are published in the Journal for Post-acute and Long-term Care Medicine (JAMDA) MUSIC & MEMORY is a non-profit organization that creates personalized music playlists for individuals in nursing homes and other long-term care organizations, who suffer from a wide range of cognitive and physical challenges, to find renewed meaning and connection in their lives through music-triggered memories. The program works to reduce the use of antipsychotic medications in all populations and improve their quality of life. Music & Memory has been adopted by more than 5,000 healthcare organizations in the United States and has been adopted as state policy in 22 states. A three-year study of 4,107 residents in 265 California nursing homes found the use of antipsychotic drugs declined by 13% and anti-anxiety medications declined by 17% each quarter for residents with dementia using the music program. The odds of depressive symptoms decreased 16% per quarter and the odds of reported pain decreased 17% per quarter. In addition, the number of days on medications declined by 30% and aggressive behaviors reduced by 20%. "This Study provides further evidence of the positive impact personalized music programs can have for those with Alzheimer's disease and dementia - not only on improved quality of life but also on the cost and quality of caring," said Concetta Tomaino, DA, LCAT, MT-BC, Music & Memory Board Member. Given the size of the study and the overwhelming evidence that personalized music reduces negative outcomes, it's now more clear than ever that adoption of the Music & Memory program contributes to positive outcomes and quality of care for those living with Alzheimer's and other forms of dementia and cognitive loss. Music & Memory will continue to provide updates on the impact of this study and others like it, as well as share how successful this approach has been (all over the US and several countries). Those interested in supporting Music & Memory can donate here: musicandmemory.org/donate For more information, visit musicandmemory.org Contact: Justin Russo, Music & Memory Program Director [emailprotected] SOURCE Music & Memory Related Links http://musicandmemory.org
Answer: | New Study Finds Music & Memory Program Reduces Distressed Behavior and Decreases Need for Antipsychotic Medication in Dementia Patients | NEW YORK, Aug. 25, 2020 /PRNewswire/ -- In the most comprehensive study of its kind on the effects of the Music & Memory program, researchers from the Betty Irene Moore School of Nursing at UC Davisfound that personalized music is associated with a reduction in the amount of antipsychotic medication taken by nursing home residents and fewer distressed behaviors. The results are published in the Journal for Post-acute and Long-term Care Medicine (JAMDA) MUSIC & MEMORY is a non-profit organization that creates personalized music playlists for individuals in nursing homes and other long-term care organizations, who suffer from a wide range of cognitive and physical challenges, to find renewed meaning and connection in their lives through music-triggered memories. The program works to reduce the use of antipsychotic medications in all populations and improve their quality of life. Music & Memory has been adopted by more than 5,000 healthcare organizations in the United States and has been adopted as state policy in 22 states. A three-year study of 4,107 residents in 265 California nursing homes found the use of antipsychotic drugs declined by 13% and anti-anxiety medications declined by 17% each quarter for residents with dementia using the music program. The odds of depressive symptoms decreased 16% per quarter and the odds of reported pain decreased 17% per quarter. In addition, the number of days on medications declined by 30% and aggressive behaviors reduced by 20%. "This Study provides further evidence of the positive impact personalized music programs can have for those with Alzheimer's disease and dementia - not only on improved quality of life but also on the cost and quality of caring," said Concetta Tomaino, DA, LCAT, MT-BC, Music & Memory Board Member. Given the size of the study and the overwhelming evidence that personalized music reduces negative outcomes, it's now more clear than ever that adoption of the Music & Memory program contributes to positive outcomes and quality of care for those living with Alzheimer's and other forms of dementia and cognitive loss. Music & Memory will continue to provide updates on the impact of this study and others like it, as well as share how successful this approach has been (all over the US and several countries). Those interested in supporting Music & Memory can donate here: musicandmemory.org/donate For more information, visit musicandmemory.org Contact: Justin Russo, Music & Memory Program Director [emailprotected] SOURCE Music & Memory Related Links http://musicandmemory.org |
edtsum251 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, March 23, 2021 /PRNewswire/ --Hospital for Special Surgery (HSS) has become the first hospital in New York State to receive the nation's highest honor for nursing excellence five times. Just one half of one percent of all hospitals in the U.S. have achieved a fifth "Magnet" designation, which is made by the American Nurses Credentialing Center (ANCC), a subsidiary of the American Nurses Association. "Organizations that achieve Magnet recognition are part of an esteemed group that demonstrates superior nursing practices and outcomes," according to the ANCC. "Especially in the bright light of nursing leadership worldwide over the past year, Magnet re-designation validates the culture of excellence at HSS," said Louis A. Shapiro, HSS president and CEO. "On behalf of our colleagues, patients and community, I am honored to congratulate all HSS nurses for their consistent Magnet achievement, and applaud their skillful and unwavering commitment to patient care." The Magnet Recognition Program designates hospitals where nursing leaders successfully align their nursing strategic goals to improve the organization's patient outcomes. Health care organizations that wish to maintain Magnet status must reapply every four years. The ANCC conducts a lengthy and rigorous review and evaluation of applicants. "Maintaining Magnet status for almost two decades is a testament to the outstanding team of nursing professionals at HSS," said Jennifer O'Neill, DNP, APN, NEA-BC senior vice president, chief nursing officer and chief operating officer of the HSS Main Campus in New York City. "Magnet re-designation affirms the success of the programs we have developed and implemented to ensure high-quality patient care. It also is tangible evidence of our nurses' hard work, dedication and commitment to reinforcing the core values that guide us day in and day out." In addition to promoting nursing excellence and quality patient care, the Magnet Recognition Program seeks to support improvements and innovation in professional nursing practice; empower nursing staff to reach their full potential; and disseminate best practices, according to the ANCC. The Magnet model for excellence is based on strong nursing leadership, favorable patient outcomes, coordination and collaboration across specialties, and processes for measuring and improving the quality and delivery of care. "Nurses are a vital part of the HSS team that strives to preserve the highest standards in patient care, education, research, and community outreach," says Bryan T. Kelly, MD, surgeon-in-chief and medical director. "Magnet recognition is the gold standard for nursing excellence, and for health care consumers it can serve as a reliable reference point for safe, high quality care." About HSS HSS is the world's leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the 11th consecutive year), No. 4 in rheumatology by U.S. News & World Report (2020-2021), and named a leader in pediatric orthopedics by U.S. News & World Report "Best Children's Hospitals" list (2020-2021). HSS is ranked world #1 in orthopedics by Newsweek (2020-2021). Founded in 1863, the Hospital has the lowest complication and readmission rates in the nation for orthopedics, and among the lowest infection rates. HSS was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center five consecutive times. The global standard total knee replacement was developed at HSS in 1969. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State, as well as in Florida. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Global Innovation Institute was formed in 2016 to realize the potential of new drugs, therapeutics and devices. The HSS Education Institute is a trusted leader in advancing musculoskeletal knowledge and research for physicians, nurses, allied health professionals, academic trainees, and consumers in more than 130 countries. The institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally. www.hss.edu. SOURCE Hospital for Special Surgery Related Links www.hss.edu
Answer: | Hospital for Special Surgery Again Receives Nation's Highest Honor for Nursing Excellence First New York State Hospital to be Awarded Magnet Recognition Five Times | NEW YORK, March 23, 2021 /PRNewswire/ --Hospital for Special Surgery (HSS) has become the first hospital in New York State to receive the nation's highest honor for nursing excellence five times. Just one half of one percent of all hospitals in the U.S. have achieved a fifth "Magnet" designation, which is made by the American Nurses Credentialing Center (ANCC), a subsidiary of the American Nurses Association. "Organizations that achieve Magnet recognition are part of an esteemed group that demonstrates superior nursing practices and outcomes," according to the ANCC. "Especially in the bright light of nursing leadership worldwide over the past year, Magnet re-designation validates the culture of excellence at HSS," said Louis A. Shapiro, HSS president and CEO. "On behalf of our colleagues, patients and community, I am honored to congratulate all HSS nurses for their consistent Magnet achievement, and applaud their skillful and unwavering commitment to patient care." The Magnet Recognition Program designates hospitals where nursing leaders successfully align their nursing strategic goals to improve the organization's patient outcomes. Health care organizations that wish to maintain Magnet status must reapply every four years. The ANCC conducts a lengthy and rigorous review and evaluation of applicants. "Maintaining Magnet status for almost two decades is a testament to the outstanding team of nursing professionals at HSS," said Jennifer O'Neill, DNP, APN, NEA-BC senior vice president, chief nursing officer and chief operating officer of the HSS Main Campus in New York City. "Magnet re-designation affirms the success of the programs we have developed and implemented to ensure high-quality patient care. It also is tangible evidence of our nurses' hard work, dedication and commitment to reinforcing the core values that guide us day in and day out." In addition to promoting nursing excellence and quality patient care, the Magnet Recognition Program seeks to support improvements and innovation in professional nursing practice; empower nursing staff to reach their full potential; and disseminate best practices, according to the ANCC. The Magnet model for excellence is based on strong nursing leadership, favorable patient outcomes, coordination and collaboration across specialties, and processes for measuring and improving the quality and delivery of care. "Nurses are a vital part of the HSS team that strives to preserve the highest standards in patient care, education, research, and community outreach," says Bryan T. Kelly, MD, surgeon-in-chief and medical director. "Magnet recognition is the gold standard for nursing excellence, and for health care consumers it can serve as a reliable reference point for safe, high quality care." About HSS HSS is the world's leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the 11th consecutive year), No. 4 in rheumatology by U.S. News & World Report (2020-2021), and named a leader in pediatric orthopedics by U.S. News & World Report "Best Children's Hospitals" list (2020-2021). HSS is ranked world #1 in orthopedics by Newsweek (2020-2021). Founded in 1863, the Hospital has the lowest complication and readmission rates in the nation for orthopedics, and among the lowest infection rates. HSS was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center five consecutive times. The global standard total knee replacement was developed at HSS in 1969. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State, as well as in Florida. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Global Innovation Institute was formed in 2016 to realize the potential of new drugs, therapeutics and devices. The HSS Education Institute is a trusted leader in advancing musculoskeletal knowledge and research for physicians, nurses, allied health professionals, academic trainees, and consumers in more than 130 countries. The institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally. www.hss.edu. SOURCE Hospital for Special Surgery Related Links www.hss.edu |
edtsum252 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SECAUCUS, N.J., Aug. 12, 2020 /PRNewswire/ --Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic information services, today released its Annual Environmental, Social & Governance Report for 2019. The report features business updates from 2019 and early 2020 as well as programs and partnerships that demonstrate the company's commitment to positively impacting its patients, clients, employees and the communities in which it operates. "We are proud of what we have accomplished, and our impact on empowering better health," said Cecilia McKenney, Senior Vice President, Chief Human Resources Officer for Quest Diagnostics. "The report is brought to life every day by our 47,000 employees who help us promote a healthier world, create an inspiring workplace, and build value for our company." The report features key achievements from 2019 and spotlights the company's role in responding to the COVID-19 pandemic. These include: Expanded reach to help even more consumers take informed actions for better health Partnered with nonprofits to improve access to care in bold new ways Donated money and research to close healthcare gaps Took additional steps to reduce our environmental footprint Invested in employees' health and career development Received recognition for our diverse and inclusive workforce Stepped up in a national health crisis to develop and implement COVID-19 testing Click here to view the report on the Quest Diagnostics corporate website. About Quest Diagnostics Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals intheUnited States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives.www.QuestDiagnostics.com. SOURCE Quest Diagnostics Related Links http://www.questdiagnostics.com
Answer: | Quest Diagnostics Releases Annual Environmental, Social & Governance Report | SECAUCUS, N.J., Aug. 12, 2020 /PRNewswire/ --Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic information services, today released its Annual Environmental, Social & Governance Report for 2019. The report features business updates from 2019 and early 2020 as well as programs and partnerships that demonstrate the company's commitment to positively impacting its patients, clients, employees and the communities in which it operates. "We are proud of what we have accomplished, and our impact on empowering better health," said Cecilia McKenney, Senior Vice President, Chief Human Resources Officer for Quest Diagnostics. "The report is brought to life every day by our 47,000 employees who help us promote a healthier world, create an inspiring workplace, and build value for our company." The report features key achievements from 2019 and spotlights the company's role in responding to the COVID-19 pandemic. These include: Expanded reach to help even more consumers take informed actions for better health Partnered with nonprofits to improve access to care in bold new ways Donated money and research to close healthcare gaps Took additional steps to reduce our environmental footprint Invested in employees' health and career development Received recognition for our diverse and inclusive workforce Stepped up in a national health crisis to develop and implement COVID-19 testing Click here to view the report on the Quest Diagnostics corporate website. About Quest Diagnostics Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals intheUnited States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives.www.QuestDiagnostics.com. SOURCE Quest Diagnostics Related Links http://www.questdiagnostics.com |
edtsum253 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)-- Malmo Stad Issue of SEK 500,000,000 Floating Rate Green Bonds due September 2021 Series 26 Tranche 1 MTN ISSUE NAME. Our Ref. ML9533 ISIN Code. XS1991005726 INTEREST AMT PER DENOM. CURRENCY CODE. SEK DAY BASIS. Actual/360 (A004) NUM OF DAYS. 90 INTEREST RATE. 0.648 PCT VALUE DATE. 15/03/2021 INTEREST PERIOD. 15/12/2020 TO 15/03/2021 SEK 1,000,000.00 IS SEK 1,620.0000 POOL FACTOR. N/A
Answer: | FRN Variable Rate Fix | LONDON--(BUSINESS WIRE)-- Malmo Stad Issue of SEK 500,000,000 Floating Rate Green Bonds due September 2021 Series 26 Tranche 1 MTN ISSUE NAME. Our Ref. ML9533 ISIN Code. XS1991005726 INTEREST AMT PER DENOM. CURRENCY CODE. SEK DAY BASIS. Actual/360 (A004) NUM OF DAYS. 90 INTEREST RATE. 0.648 PCT VALUE DATE. 15/03/2021 INTEREST PERIOD. 15/12/2020 TO 15/03/2021 SEK 1,000,000.00 IS SEK 1,620.0000 POOL FACTOR. N/A |
edtsum254 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Nov. 23, 2020 /PRNewswire/ --Summary Read the full report: https://www.reportlinker.com/p05988729/?utm_source=PRN "North America Prostatectomy Procedures Outlook to 2025" is a comprehensive databook report, covering key procedures data on the North America Prostatectomy Procedures. The databook report provides procedure volumes within segments - Prostatectomy Procedures. The North America Prostatectomy Procedures report provides key information and data on - - Procedure volume data for Prostatectomy Procedures related to the country. Data is provided from 2015 to 2025. Scope North America Prostatectomy Procedures is segmented as follows - - Prostatectomy Procedures Reasons to Buy The North America Prostatectomy Procedures report helps you to develop - - Business strategies by identifying the key segments poised for strong growth in the future. - Market-entry and market expansion strategies. - Develop investment strategies by identifying the key segments expected to register strong growth in the near future.Read the full report: https://www.reportlinker.com/p05988729/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
Answer: | North America Prostatectomy Procedures Outlook to 2025 | NEW YORK, Nov. 23, 2020 /PRNewswire/ --Summary Read the full report: https://www.reportlinker.com/p05988729/?utm_source=PRN "North America Prostatectomy Procedures Outlook to 2025" is a comprehensive databook report, covering key procedures data on the North America Prostatectomy Procedures. The databook report provides procedure volumes within segments - Prostatectomy Procedures. The North America Prostatectomy Procedures report provides key information and data on - - Procedure volume data for Prostatectomy Procedures related to the country. Data is provided from 2015 to 2025. Scope North America Prostatectomy Procedures is segmented as follows - - Prostatectomy Procedures Reasons to Buy The North America Prostatectomy Procedures report helps you to develop - - Business strategies by identifying the key segments poised for strong growth in the future. - Market-entry and market expansion strategies. - Develop investment strategies by identifying the key segments expected to register strong growth in the near future.Read the full report: https://www.reportlinker.com/p05988729/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com |
edtsum255 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: REGINA, Saskatchewan--(BUSINESS WIRE)--Haztech, an industry leading healthcare and safety company to perform COVID-19 testing in cooperation with the Government of Saskatchewan and the Saskatchewan Health Authority has received approval and provincial licensing of Haztechs owned and operated medical laboratory in Regina. Haztechs services will now include PCR and Rapid point-of-care testing in their Health Centre and in their Mobile Health Units across the prairies. These services will complement the already expansive service offering Haztech offers to industry to keep communities and workforce safe. Our team has developed an intuitive online booking system with automated test reminders and digital certificates, we have also procured PCR, Rapid Antigen and Rapid Antibody testing. Our COVID-19 testing equipment and devices are Health Canada approved and delivered by licensed healthcare professionals. All tests are available in our Health Centre or we can come to you in the comfort and safety of your home said Shawn Hazen, CEO of Haztech. Anyone in the province who is asymptomatic and wishes to be tested can get tested whether for work, travel, school or for peace of mind. Haztechs PCR test results are available within 24-48 hours or rush results within 24 hours upon request. Rapid testing results for Antigen and Antibody tests are available within 15 minutes. Testing certificates for travel and other purposes are also provided after each test. Haztech is currently undergoing an expansion which will include a Saskatoon based laboratory along with their Health Centre expansion plans. With the capabilities of our 4x4 Mobile Health Units, we are working to make testing access more readily available to our neighboring rural and indigenous communities in Saskatchewan as well, said Hazen. Booking tests has been made very convenient by visiting https://haztech.com/book-covid-19-test/ then: 1. Choose your test with our Mobile Health Unit or at the Haztech Health Centre. 2. Option to book multiple people in one appointment. 3. Results are emailed to you directly.
Answer: | Haztech to Provide COVID-19 Testing Relief to the Province of Saskatchewan. | REGINA, Saskatchewan--(BUSINESS WIRE)--Haztech, an industry leading healthcare and safety company to perform COVID-19 testing in cooperation with the Government of Saskatchewan and the Saskatchewan Health Authority has received approval and provincial licensing of Haztechs owned and operated medical laboratory in Regina. Haztechs services will now include PCR and Rapid point-of-care testing in their Health Centre and in their Mobile Health Units across the prairies. These services will complement the already expansive service offering Haztech offers to industry to keep communities and workforce safe. Our team has developed an intuitive online booking system with automated test reminders and digital certificates, we have also procured PCR, Rapid Antigen and Rapid Antibody testing. Our COVID-19 testing equipment and devices are Health Canada approved and delivered by licensed healthcare professionals. All tests are available in our Health Centre or we can come to you in the comfort and safety of your home said Shawn Hazen, CEO of Haztech. Anyone in the province who is asymptomatic and wishes to be tested can get tested whether for work, travel, school or for peace of mind. Haztechs PCR test results are available within 24-48 hours or rush results within 24 hours upon request. Rapid testing results for Antigen and Antibody tests are available within 15 minutes. Testing certificates for travel and other purposes are also provided after each test. Haztech is currently undergoing an expansion which will include a Saskatoon based laboratory along with their Health Centre expansion plans. With the capabilities of our 4x4 Mobile Health Units, we are working to make testing access more readily available to our neighboring rural and indigenous communities in Saskatchewan as well, said Hazen. Booking tests has been made very convenient by visiting https://haztech.com/book-covid-19-test/ then: 1. Choose your test with our Mobile Health Unit or at the Haztech Health Centre. 2. Option to book multiple people in one appointment. 3. Results are emailed to you directly. |
edtsum256 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TIANJIN, China, May 27, 2020 /PRNewswire/ -- Tianjin's public health emergency response level was lowered to level-2 on April 30, after almost four months of continuous efforts in COVID-19 prevention and control. As a port city, Tianjin faced drastic challenges during the pandemic. On January 25, Costa Serena, a cruise ship sailing from Tianjin to Fukuoka and Sasebo in Japan, returned with 3,706 passengers, including 148 from Hubei Province, China's epicenter of coronavirus outbreak. A Port Citys Quick Response to COVID-19 During the suspended trip, 17 people showed fever symptom, which put the local government on high alert. Tianjin authorities immediately dispatched health workers to board the ship for inspection and testing. After they tested the 17 passengers with fever, a helicopter carried their testing samples to the local disease control authorities, the results of which were all negative. However, considering the potential high risks, the government of Binhai New Area of Tianjin put all the 17 passengers at a hotel with free medical assistance, food and accommodation. After 14 days, they were all discharged in healthy condition. This video was co-produced by China Matters and Tianjin Haihe Media Group. It reveals behind-the-scene stories of how Tianjin responded quickly to ward off the spreading of coronavirus by taking decisive actions of testing and quarantine on suspected cases. Video - https://mma.prnewswire.com/media/1173332/China_Matters_response.mp4Logo - https://mma.prnewswire.com/media/1156746/China_Matters_Logo.jpg Contact: Ms. Cheng Yao Tel008610-68996566 E-mail[emailprotected] Facebook: https://www.facebook.com/chinamatters/videos/253357779060459/ YouTube: https://www.youtube.com/watch?v=LwlkY4_YMGQ SOURCE China Matters
Answer: | China Matters and Tianjin Haihe Media Group Released Co-produced Documentary "A Port City's Quick Response to COVID-19" | TIANJIN, China, May 27, 2020 /PRNewswire/ -- Tianjin's public health emergency response level was lowered to level-2 on April 30, after almost four months of continuous efforts in COVID-19 prevention and control. As a port city, Tianjin faced drastic challenges during the pandemic. On January 25, Costa Serena, a cruise ship sailing from Tianjin to Fukuoka and Sasebo in Japan, returned with 3,706 passengers, including 148 from Hubei Province, China's epicenter of coronavirus outbreak. A Port Citys Quick Response to COVID-19 During the suspended trip, 17 people showed fever symptom, which put the local government on high alert. Tianjin authorities immediately dispatched health workers to board the ship for inspection and testing. After they tested the 17 passengers with fever, a helicopter carried their testing samples to the local disease control authorities, the results of which were all negative. However, considering the potential high risks, the government of Binhai New Area of Tianjin put all the 17 passengers at a hotel with free medical assistance, food and accommodation. After 14 days, they were all discharged in healthy condition. This video was co-produced by China Matters and Tianjin Haihe Media Group. It reveals behind-the-scene stories of how Tianjin responded quickly to ward off the spreading of coronavirus by taking decisive actions of testing and quarantine on suspected cases. Video - https://mma.prnewswire.com/media/1173332/China_Matters_response.mp4Logo - https://mma.prnewswire.com/media/1156746/China_Matters_Logo.jpg Contact: Ms. Cheng Yao Tel008610-68996566 E-mail[emailprotected] Facebook: https://www.facebook.com/chinamatters/videos/253357779060459/ YouTube: https://www.youtube.com/watch?v=LwlkY4_YMGQ SOURCE China Matters |
edtsum257 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PARIS--(BUSINESS WIRE)--Regulatory News: Veolia (Paris:VIE): In case of agreement by the Board of Directors, Suez would remain unchanged in France with its scope of 5 billion in revenues and more than 25,000 employees. This solution proposed today by Veolia to the management of SUEZ will make it possible to maintain SUEZ's "Water" and "Waste" activities in France within the same single entity. This new coherent and balanced approach is therefore likely to respond to the main concerns of the stakeholders of preserving jobs and competition in France, and of giving SUEZ the necessary capacities to develop in the long term and in a reinforced manner. A solution that would allow SUEZ to maintain its position in France, thanks to a solid and long-term investor. Committed and faithful to its long-term approach, Meridiam (which has never sold any assets) confirms its interest in taking over this company, which could naturally continue to operate under the SUEZ brand. Meridiam is ready to double its investments over the next five years and to hold the company for at least 25 years. SUEZ in France would thus retain, and even strengthen, all its research and development capabilities. A solution that would allow SUEZ employees in France to continue to work within the same group. This solution guarantees the complementarity of all SUEZ businesses within a scope maintained with its two historical activities and all of its expertises, from engineering and construction to research centers, including digital activities. In addition, the commitments previously made by Veolia and Meridiam are not only maintained, but above all greatly facilitated by this solution, as the employees in France would remain employed by Suez. All employment and social benefits are more than ever guaranteed, and such for at least 4 years from the takeover. A solution that would guarantee the maintenance of strong competition for the benefit of the clients. This approach would make SUEZ an even stronger competitor to Veolia in France, anchored in the long term and benefiting from doubled investment resources. The clients, particularly local authorities, would thus find in the new SUEZ a strengthened and stabilized partner enabling them to achieve their own ecological transformation objectives. This new offer demonstrates Veolia's determination to complete its merger project while preserving a strong competition. This proposal is the result of six months of discussions with all SUEZ stakeholders and represents a balanced compromise that would accelerate the inevitable merger between the two groups, giving rise to a major French global champion of ecological transformation while preserving the identity and strengths of Suez in France. Veolia is ready to work on this as quickly as possible with the management of SUEZ. Veolia group is the global leader in optimized resource management. With nearly 179,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 45 million megawatt hours of energy and treated 50 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of 27.189 billion in 2019 (USD 29.9 billion). www.veolia.com.
Answer: | Veolia Is Offering SUEZ to Preserve Its Activities in France Within the Same Group | PARIS--(BUSINESS WIRE)--Regulatory News: Veolia (Paris:VIE): In case of agreement by the Board of Directors, Suez would remain unchanged in France with its scope of 5 billion in revenues and more than 25,000 employees. This solution proposed today by Veolia to the management of SUEZ will make it possible to maintain SUEZ's "Water" and "Waste" activities in France within the same single entity. This new coherent and balanced approach is therefore likely to respond to the main concerns of the stakeholders of preserving jobs and competition in France, and of giving SUEZ the necessary capacities to develop in the long term and in a reinforced manner. A solution that would allow SUEZ to maintain its position in France, thanks to a solid and long-term investor. Committed and faithful to its long-term approach, Meridiam (which has never sold any assets) confirms its interest in taking over this company, which could naturally continue to operate under the SUEZ brand. Meridiam is ready to double its investments over the next five years and to hold the company for at least 25 years. SUEZ in France would thus retain, and even strengthen, all its research and development capabilities. A solution that would allow SUEZ employees in France to continue to work within the same group. This solution guarantees the complementarity of all SUEZ businesses within a scope maintained with its two historical activities and all of its expertises, from engineering and construction to research centers, including digital activities. In addition, the commitments previously made by Veolia and Meridiam are not only maintained, but above all greatly facilitated by this solution, as the employees in France would remain employed by Suez. All employment and social benefits are more than ever guaranteed, and such for at least 4 years from the takeover. A solution that would guarantee the maintenance of strong competition for the benefit of the clients. This approach would make SUEZ an even stronger competitor to Veolia in France, anchored in the long term and benefiting from doubled investment resources. The clients, particularly local authorities, would thus find in the new SUEZ a strengthened and stabilized partner enabling them to achieve their own ecological transformation objectives. This new offer demonstrates Veolia's determination to complete its merger project while preserving a strong competition. This proposal is the result of six months of discussions with all SUEZ stakeholders and represents a balanced compromise that would accelerate the inevitable merger between the two groups, giving rise to a major French global champion of ecological transformation while preserving the identity and strengths of Suez in France. Veolia is ready to work on this as quickly as possible with the management of SUEZ. Veolia group is the global leader in optimized resource management. With nearly 179,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 45 million megawatt hours of energy and treated 50 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of 27.189 billion in 2019 (USD 29.9 billion). www.veolia.com. |
edtsum258 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ST JOHNS, Antigua--(BUSINESS WIRE)--Christmas is coming and Golden Euro Casino are getting in the seasonal spirit with the launch of their very own Advent Calendar. The popular online casino will be gifting goodies to players throughout December, and it really is as simple as this: Players log in to their account daily, check the Casino Message Center or the Available Coupon section and a fresh and fantastic offer will be revealed. On Day 1, a daily deposit bonus was unwrapped a perfect 100% match up to 500 plus 30 free spins for festive favourite Naughty or Nice III. And that awesome opening offer can be used by players throughout December, using coupon code ADVENT20 and by depositing at least 20. But theres plenty more where that came from. Tis the season for giving, so players can expect free spins, big bonuses and more super stocking fillers all the way up until 25th December. What more could you wish for? Adrien Berger from Golden Euro Casino, said: Its that time of the year again and we want our players to be dreaming of a Golden Christmas. Its the season for giving and we cant wait to share a load of brilliant bonuses and awesome offers in the build-up to Christmas. We ho, ho, hope everyone enjoys all we have to offer! ENDS Editors notes: About Golden Euro Casino: https://www.goldeneuro.com/en/
Answer: | Golden Euro Casino Begin New Year Countdown With Advent Calendar Players can reveal a different gift daily in the build-up to the big one | ST JOHNS, Antigua--(BUSINESS WIRE)--Christmas is coming and Golden Euro Casino are getting in the seasonal spirit with the launch of their very own Advent Calendar. The popular online casino will be gifting goodies to players throughout December, and it really is as simple as this: Players log in to their account daily, check the Casino Message Center or the Available Coupon section and a fresh and fantastic offer will be revealed. On Day 1, a daily deposit bonus was unwrapped a perfect 100% match up to 500 plus 30 free spins for festive favourite Naughty or Nice III. And that awesome opening offer can be used by players throughout December, using coupon code ADVENT20 and by depositing at least 20. But theres plenty more where that came from. Tis the season for giving, so players can expect free spins, big bonuses and more super stocking fillers all the way up until 25th December. What more could you wish for? Adrien Berger from Golden Euro Casino, said: Its that time of the year again and we want our players to be dreaming of a Golden Christmas. Its the season for giving and we cant wait to share a load of brilliant bonuses and awesome offers in the build-up to Christmas. We ho, ho, hope everyone enjoys all we have to offer! ENDS Editors notes: About Golden Euro Casino: https://www.goldeneuro.com/en/ |
edtsum259 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: EMIT'S CROSSING, Colo., Sept. 30, 2020 /PRNewswire/ --Fueled by rage over a nasty break-up, Ashley Bancroft channeled her anger into what has quickly become an online movement of individuals getting into the best shape of their lives with frustration as the motivation. Outrage Nation Fitness is Bancroft's brainchild, conceived after she realized she was in top physical shape as the result of rage-infused workouts to alleviate feelings of anger. "It didn't take long for me to figure out that working out while I was feeling angry was at least three times as effective as a normal workout," said Bancroft. "My friends and family were shocked and wanted to learn my secret. What started as the embers of a small community has grown into a roaring firestorm of sweat and hellfire." A crucial element of Outrage Nation Fitness is the private online community of scorned individuals who need to vent. The movement uses anger as the building block for physical fitness and community. While anyone can follow the 10 steps, the best results are achieved by working with others in the community rage boards. These exclusive 'community rage boards' allow members to share their anger to get fired up and healthy. Outrage Nation Fitness follows Bancroft's signature 10-step method to achieve amazing results. Step one involves the stimulus looking at text messages, pictures, and social media posts that strike a nerve and elevate your heart rate. Step two is angry breathing sharp, quick exhales followed by step three which is light cardio such as jumping rope or butt kicks. Step four involves engaging with the stimulus by reacting, commenting, replying, reporting, and blocking. Step five is transferring your rage on behalf of a fellow community member, with step six being engagement with that community member's target. Step seven is working on your arms, and step eight is a verbal manifestation exercise to release your desires to the world. Step nine is a kinetic energy release, achieved by such things as running, biking, or dancing. Finally, step ten is speaking one minute of affirmations to reward yourself for all your hard work. "Outrage Nation is proof that anger doesn't have to be a bad thing," said Bancroft. "My dramatic transformation and successes are a living testament to the power of rage. Everyone gets upset, but not everyone gets fit. You can't choose to get mad, but you can choose how you respond." Individuals can join Outrage Nation Fitness anonymously athttps://outragenationfitness.com. The movement can be followed online on various social media channels, athttps://twitter.com/OutrageFitness,https://instagram.com/outragenationfitnessandhttps://tiktok.com/@outragenationfitness. SOURCE Outrage Nation Fitness Related Links https://outragenationfitness.com
Answer: | Outrage Nation Fitness Community Channeling Anger to Improve Physical Health - Launched by Scorned Ex-Girlfriend, Online Sensation is Encouraging Healthier Lifestyles - | EMIT'S CROSSING, Colo., Sept. 30, 2020 /PRNewswire/ --Fueled by rage over a nasty break-up, Ashley Bancroft channeled her anger into what has quickly become an online movement of individuals getting into the best shape of their lives with frustration as the motivation. Outrage Nation Fitness is Bancroft's brainchild, conceived after she realized she was in top physical shape as the result of rage-infused workouts to alleviate feelings of anger. "It didn't take long for me to figure out that working out while I was feeling angry was at least three times as effective as a normal workout," said Bancroft. "My friends and family were shocked and wanted to learn my secret. What started as the embers of a small community has grown into a roaring firestorm of sweat and hellfire." A crucial element of Outrage Nation Fitness is the private online community of scorned individuals who need to vent. The movement uses anger as the building block for physical fitness and community. While anyone can follow the 10 steps, the best results are achieved by working with others in the community rage boards. These exclusive 'community rage boards' allow members to share their anger to get fired up and healthy. Outrage Nation Fitness follows Bancroft's signature 10-step method to achieve amazing results. Step one involves the stimulus looking at text messages, pictures, and social media posts that strike a nerve and elevate your heart rate. Step two is angry breathing sharp, quick exhales followed by step three which is light cardio such as jumping rope or butt kicks. Step four involves engaging with the stimulus by reacting, commenting, replying, reporting, and blocking. Step five is transferring your rage on behalf of a fellow community member, with step six being engagement with that community member's target. Step seven is working on your arms, and step eight is a verbal manifestation exercise to release your desires to the world. Step nine is a kinetic energy release, achieved by such things as running, biking, or dancing. Finally, step ten is speaking one minute of affirmations to reward yourself for all your hard work. "Outrage Nation is proof that anger doesn't have to be a bad thing," said Bancroft. "My dramatic transformation and successes are a living testament to the power of rage. Everyone gets upset, but not everyone gets fit. You can't choose to get mad, but you can choose how you respond." Individuals can join Outrage Nation Fitness anonymously athttps://outragenationfitness.com. The movement can be followed online on various social media channels, athttps://twitter.com/OutrageFitness,https://instagram.com/outragenationfitnessandhttps://tiktok.com/@outragenationfitness. SOURCE Outrage Nation Fitness Related Links https://outragenationfitness.com |
edtsum260 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DALY CITY, Calif., March 4, 2021 /PRNewswire/ -- Today, San Francisco City Attorney Dennis Herrera announced a $100 million settlement to be paid by Recology to its rate payers in connection to an ongoing investigation into alleged corruption committed by former Director of the Department of Public Works, Mohammed Nuru. The following is an official statement from Teamsters Local Union 350 Secretary-Treasurer John Bouchard on the settlement. "Teamsters Local 350 is proud of the work our members do at Recology to help protect public health and keep our city beautiful," said Local 350 Secretary-Treasurer John Bouchard. "We were angered to hear about the alleged corruption within the Department of Public Works and that a member of management at one of our largest employers was allegedly involved. We believe it's the right course of action to refund the customers through this settlement." More than 10,000 Teamsters members who live in San Francisco are among the rate payers anticipated to be reimbursed in this settlement. Bouchard added, "The alleged actions of Recology management should not reflect in any way on the hardworking Teamsters who show up every day at San Francisco homes and businesses to keep our city clean. We expect Recology management to fully 'own' this incident, and that this justifiable resolution will in no way negatively impact our members who continue to be the lifeblood of this company." Teamsters Local Union 350 represents 900 sanitation workers at Recology throughout San Francisco, providing professional recycling and trash removal services to hundreds of thousands of San Franciscans each day. Contact: John Bouchard, (650) 757-7290 SOURCE Teamsters Local 350
Answer: | Teamsters Local 350 Supports $100 Million Settlement For Recology Rate Payers | DALY CITY, Calif., March 4, 2021 /PRNewswire/ -- Today, San Francisco City Attorney Dennis Herrera announced a $100 million settlement to be paid by Recology to its rate payers in connection to an ongoing investigation into alleged corruption committed by former Director of the Department of Public Works, Mohammed Nuru. The following is an official statement from Teamsters Local Union 350 Secretary-Treasurer John Bouchard on the settlement. "Teamsters Local 350 is proud of the work our members do at Recology to help protect public health and keep our city beautiful," said Local 350 Secretary-Treasurer John Bouchard. "We were angered to hear about the alleged corruption within the Department of Public Works and that a member of management at one of our largest employers was allegedly involved. We believe it's the right course of action to refund the customers through this settlement." More than 10,000 Teamsters members who live in San Francisco are among the rate payers anticipated to be reimbursed in this settlement. Bouchard added, "The alleged actions of Recology management should not reflect in any way on the hardworking Teamsters who show up every day at San Francisco homes and businesses to keep our city clean. We expect Recology management to fully 'own' this incident, and that this justifiable resolution will in no way negatively impact our members who continue to be the lifeblood of this company." Teamsters Local Union 350 represents 900 sanitation workers at Recology throughout San Francisco, providing professional recycling and trash removal services to hundreds of thousands of San Franciscans each day. Contact: John Bouchard, (650) 757-7290 SOURCE Teamsters Local 350 |
edtsum261 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PHILADELPHIA, Feb. 22, 2021 /PRNewswire/ --In April 2020, pediatricians began recognizing a puzzling syndrome in children involving hyperinflammation that results in an array of symptoms, including fever, gastrointestinal distress and rash. The syndrome, thought to be a post-infectious complication of SARS-CoV-2 infection, was given the name Multisystem Inflammatory Syndrome Children, or MIS-C. However, diagnosing the condition has posed challenges, as many of its symptoms, including rash, are common in many other pediatric infections. Annular plaques on the back of a patient with MIS-C In a study published in Open Forum Infectious Diseases, researchers at Children's Hospital of Philadelphia (CHOP) describe the array of rashes seen in MIS-C patients at their hospital through late July 2020, providing photos and information that could help doctors diagnose future cases. "We hope the information provided in this research letter will help general pediatricians and emergency department physicians who may wonder if a patient with a fever requires a more extensive examination," said Audrey Odom John, MD, PhD, Chief of the Division of Pediatric Infectious Diseases at CHOP and senior author of the paper. "Given that some rashes associated with MIS-C are distinctive, we also imagine these images could help many parents who are looking for signs that their child needs prompt evaluation." The research team analyzed the MIS-C-associated rashes of seven patients seen at CHOP. Although the researchers did not observe a single, defining rash associated with COVID-19, there were several types of rashes that were common in these patients, both in appearance and location.In terms of rash location, all patients in the study developed a rash on their lower body, and five of the seven patients had a rash on their inner thighs. Rashes on the chest and upper extremities were also common, occurring in four out of seven patients. More than half of the patients presented with small-to-medium annular plaques, which look like dime-size circles, on their chest and back. More than half of the patients in the study also developed purpura, tiny red spots, often in the center of the dime-like annular plaques.While some patients did develop a cherry-red rash on the bottoms of their feet and palms of their hands, this sort of rash was seen in less than half of the patients in the study. Rashes on the face were uncommon, and the rashes rarely itched."Depending on the age of the child, parents may not regularly look at the child's chest, back or thighs, but this is where the rashes associated with MIS-C tend to appear," said John. "Given that MIS-C is still largely a diagnosis of exclusion, parents and health care providers should look for rashes in these locations if the child has a fever that seems suspicious."Blatz AM, Oboite M, Chiotos K, Castelo-Soccio L, Odom John AR, and the Children's Hospital of Philadelphia MIS-C Research Collaborative, "Cutaneous findings in SARS-CoV-2-associated Multisystem Inflammatory Disease in Children (MIS-C)," Open Forum Infectious Diseases, online February 16, 2021, DOI: 10.1093/ofid/ofab074About Children's Hospital of Philadelphia: Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, Children's Hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. In addition, its unique family-centered care and public service programs have brought the 564-bed hospital recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.eduContact: Dana Bate Children's Hospital of Philadelphia (267) 426-6055 [emailprotected]SOURCE Children's Hospital of Philadelphia Related Links http://www.chop.edu
Answer: | Experts at Children's Hospital of Philadelphia Describe Types of Rashes Associated with MIS-C --Findings may help doctors and parents know when a rash warrants further examination for the inflammatory syndrome-- | PHILADELPHIA, Feb. 22, 2021 /PRNewswire/ --In April 2020, pediatricians began recognizing a puzzling syndrome in children involving hyperinflammation that results in an array of symptoms, including fever, gastrointestinal distress and rash. The syndrome, thought to be a post-infectious complication of SARS-CoV-2 infection, was given the name Multisystem Inflammatory Syndrome Children, or MIS-C. However, diagnosing the condition has posed challenges, as many of its symptoms, including rash, are common in many other pediatric infections. Annular plaques on the back of a patient with MIS-C In a study published in Open Forum Infectious Diseases, researchers at Children's Hospital of Philadelphia (CHOP) describe the array of rashes seen in MIS-C patients at their hospital through late July 2020, providing photos and information that could help doctors diagnose future cases. "We hope the information provided in this research letter will help general pediatricians and emergency department physicians who may wonder if a patient with a fever requires a more extensive examination," said Audrey Odom John, MD, PhD, Chief of the Division of Pediatric Infectious Diseases at CHOP and senior author of the paper. "Given that some rashes associated with MIS-C are distinctive, we also imagine these images could help many parents who are looking for signs that their child needs prompt evaluation." The research team analyzed the MIS-C-associated rashes of seven patients seen at CHOP. Although the researchers did not observe a single, defining rash associated with COVID-19, there were several types of rashes that were common in these patients, both in appearance and location.In terms of rash location, all patients in the study developed a rash on their lower body, and five of the seven patients had a rash on their inner thighs. Rashes on the chest and upper extremities were also common, occurring in four out of seven patients. More than half of the patients presented with small-to-medium annular plaques, which look like dime-size circles, on their chest and back. More than half of the patients in the study also developed purpura, tiny red spots, often in the center of the dime-like annular plaques.While some patients did develop a cherry-red rash on the bottoms of their feet and palms of their hands, this sort of rash was seen in less than half of the patients in the study. Rashes on the face were uncommon, and the rashes rarely itched."Depending on the age of the child, parents may not regularly look at the child's chest, back or thighs, but this is where the rashes associated with MIS-C tend to appear," said John. "Given that MIS-C is still largely a diagnosis of exclusion, parents and health care providers should look for rashes in these locations if the child has a fever that seems suspicious."Blatz AM, Oboite M, Chiotos K, Castelo-Soccio L, Odom John AR, and the Children's Hospital of Philadelphia MIS-C Research Collaborative, "Cutaneous findings in SARS-CoV-2-associated Multisystem Inflammatory Disease in Children (MIS-C)," Open Forum Infectious Diseases, online February 16, 2021, DOI: 10.1093/ofid/ofab074About Children's Hospital of Philadelphia: Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, Children's Hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. In addition, its unique family-centered care and public service programs have brought the 564-bed hospital recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.eduContact: Dana Bate Children's Hospital of Philadelphia (267) 426-6055 [emailprotected]SOURCE Children's Hospital of Philadelphia Related Links http://www.chop.edu |
edtsum262 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK--(BUSINESS WIRE)--Assured Guaranty announced that Randall (Randy) Gerardes has joined the company as Managing Director, Public Finance Marketing, effective November 2, 2020. He reports to Chris Chafizadeh, Senior Managing Director, Public Finance Marketing. In his new role, Mr. Gerardes will focus on supporting and developing relationships with public finance professionals on sales, trading, and syndicate desks. We are looking forward to Randy playing an integral role in growing our reach in the municipal market, said Chris Chafizadeh. Randy knows the municipal market, and he knows our business, having been at Assured Guaranty as an underwriter for six years earlier in his career; we are very excited to welcome him back. His significant experience, industry knowledge, and relationships within the municipal market will help in further building our leadership position. Mr. Gerardes has 20 years of experience in municipal research, analysis, and transaction underwriting. Earlier in his career, he spent three years as an analyst at MBIA and then six years at Assured Guaranty, where he became a Director in the Public Finance group. After his departure in 2011, he spent time working for AIGs Asset Management Group, where he was a Senior Research Analyst and sector lead for Transportation, Infrastructure, Energy, and High Yield holdings. Subsequently, he moved to Wells Fargo Securities, where he spent the last eight years as Head of Municipal Strategy for Fixed Income Research. Mr. Gerardes has a Masters of Business Administration from Fordham Business School and a Bachelors of Science from Utica College of Syracuse University. Assured Guaranty is a financially strong and well-established organization with a proven track record and a leadership team committed to giving their clients the best service available, said Mr. Gerardes. I am very excited to join Assured Guaranty at a time when the company is having such a successful year. Assured Guaranty Ltd., is a publicly traded (NYSE: AGO) Bermuda-based holding company. Assured Guarantys operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure, structured finance markets, and asset management services. More information on Assured Guaranty Ltd. and its subsidiaries can be found at AssuredGuaranty.com.
Answer: | Assured Guaranty Hires Randall Gerardes as Managing Director, Public Finance Marketing | NEW YORK--(BUSINESS WIRE)--Assured Guaranty announced that Randall (Randy) Gerardes has joined the company as Managing Director, Public Finance Marketing, effective November 2, 2020. He reports to Chris Chafizadeh, Senior Managing Director, Public Finance Marketing. In his new role, Mr. Gerardes will focus on supporting and developing relationships with public finance professionals on sales, trading, and syndicate desks. We are looking forward to Randy playing an integral role in growing our reach in the municipal market, said Chris Chafizadeh. Randy knows the municipal market, and he knows our business, having been at Assured Guaranty as an underwriter for six years earlier in his career; we are very excited to welcome him back. His significant experience, industry knowledge, and relationships within the municipal market will help in further building our leadership position. Mr. Gerardes has 20 years of experience in municipal research, analysis, and transaction underwriting. Earlier in his career, he spent three years as an analyst at MBIA and then six years at Assured Guaranty, where he became a Director in the Public Finance group. After his departure in 2011, he spent time working for AIGs Asset Management Group, where he was a Senior Research Analyst and sector lead for Transportation, Infrastructure, Energy, and High Yield holdings. Subsequently, he moved to Wells Fargo Securities, where he spent the last eight years as Head of Municipal Strategy for Fixed Income Research. Mr. Gerardes has a Masters of Business Administration from Fordham Business School and a Bachelors of Science from Utica College of Syracuse University. Assured Guaranty is a financially strong and well-established organization with a proven track record and a leadership team committed to giving their clients the best service available, said Mr. Gerardes. I am very excited to join Assured Guaranty at a time when the company is having such a successful year. Assured Guaranty Ltd., is a publicly traded (NYSE: AGO) Bermuda-based holding company. Assured Guarantys operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure, structured finance markets, and asset management services. More information on Assured Guaranty Ltd. and its subsidiaries can be found at AssuredGuaranty.com. |
edtsum263 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MINEOLA, N.Y., Oct. 26, 2020 /PRNewswire/ --RevBits today announced it was declared as a winner in six categories by the 2020 Golden Bridge Awards that recognize the world's top providers by their organizational performance, innovations, products and services, leadership, initiatives, and more.RevBits is pleased to be the recipient of six awards in the following categories: Gold Innovator of the Year (11-2,499 employees) RevBits/Mucteba Celik Gold Deception Based Security Gold Endpoint Security Solution Innovation Gold Privileged Access Management Innovation Bronze Email Security Innovation Bronze Startup of the Year | Security Software "It is extremely gratifying to see that as a young company in a very competitive environment we are recognized for the innovation we bring," said David Schiffer, CEO. "Every single product we launched has won an award in its category, thanks to the great talent of our co-founder and CTO Mucteba Celik who was rightfully recognized as Innovator of the Year. With over two decades of experience in cybersecurity and having registered multiple US patents, he is the architect of everything we create. With the continuous rise of cybersecurity incidents, we will continue our efforts to bring even more innovations and therefore increasingly effective cybersecurity software to better protect our customers." "Innovation is at the core of everything we do," said Mucteba Celik, CTO. "While it's great to be recognized individually or as a company, it is even more rewarding to see our product innovations being noticed. Our products are ultimately what protect our customers against the ever evolving cyber threats and continuous innovation will be key to keep up with them. As an example, one of the biggest security threats out there today is a phishing attack that tries to steal user credentials using a fake login page of a well known service. Based on one of the five US patents we recently registered, RevBits Email Security is the only solution available in the market today that offers total protection against this major threat."The award submissions were judged by more than 160 industry experts from all around the globe.The 2020 Golden Bridge Awards will be presented in a virtual ceremony on Wednesday, December 7 at 11:00 AM PST.About RevBitsEstablished in 2018, RevBits is a comprehensive cybersecurity company that is dedicated to providing its customers with superior protection and service. By offering four advanced security tools, composed of ten different modules, RevBits delivers protection against the most sophisticated cyber threats companies face. Technological developments continue at RevBits with the coming offering of an integrated platform to manage and control all four solutions in one single sign-on dashboard - RevBits Cyber Intelligence Platform. RevBits is headquartered in Mineola, NY with offices in Princeton, NJ, Boston, MA and Antwerp (Belgium). For more information on RevBits please visit www.revbits.com/aboutrevbits. Contact: Neal Hesterberg [emailprotected] SOURCE RevBits LLC Related Links https://www.revbits.com/
Answer: | RevBits recognized for innovation by 2020 Golden Bridge Awards USA - English USA - English USA - English Espaa - espaol Espaa - espaol Deutschland - Deutsch Deutschland - Deutsch France - Franais France - Franais USA - English USA - English Cybersecurity Solutions provider RevBits named as Gold Winner in four categories and Bronze Winner in two more at the 12th Annual Golden Bridge Business and Innovation Awards | MINEOLA, N.Y., Oct. 26, 2020 /PRNewswire/ --RevBits today announced it was declared as a winner in six categories by the 2020 Golden Bridge Awards that recognize the world's top providers by their organizational performance, innovations, products and services, leadership, initiatives, and more.RevBits is pleased to be the recipient of six awards in the following categories: Gold Innovator of the Year (11-2,499 employees) RevBits/Mucteba Celik Gold Deception Based Security Gold Endpoint Security Solution Innovation Gold Privileged Access Management Innovation Bronze Email Security Innovation Bronze Startup of the Year | Security Software "It is extremely gratifying to see that as a young company in a very competitive environment we are recognized for the innovation we bring," said David Schiffer, CEO. "Every single product we launched has won an award in its category, thanks to the great talent of our co-founder and CTO Mucteba Celik who was rightfully recognized as Innovator of the Year. With over two decades of experience in cybersecurity and having registered multiple US patents, he is the architect of everything we create. With the continuous rise of cybersecurity incidents, we will continue our efforts to bring even more innovations and therefore increasingly effective cybersecurity software to better protect our customers." "Innovation is at the core of everything we do," said Mucteba Celik, CTO. "While it's great to be recognized individually or as a company, it is even more rewarding to see our product innovations being noticed. Our products are ultimately what protect our customers against the ever evolving cyber threats and continuous innovation will be key to keep up with them. As an example, one of the biggest security threats out there today is a phishing attack that tries to steal user credentials using a fake login page of a well known service. Based on one of the five US patents we recently registered, RevBits Email Security is the only solution available in the market today that offers total protection against this major threat."The award submissions were judged by more than 160 industry experts from all around the globe.The 2020 Golden Bridge Awards will be presented in a virtual ceremony on Wednesday, December 7 at 11:00 AM PST.About RevBitsEstablished in 2018, RevBits is a comprehensive cybersecurity company that is dedicated to providing its customers with superior protection and service. By offering four advanced security tools, composed of ten different modules, RevBits delivers protection against the most sophisticated cyber threats companies face. Technological developments continue at RevBits with the coming offering of an integrated platform to manage and control all four solutions in one single sign-on dashboard - RevBits Cyber Intelligence Platform. RevBits is headquartered in Mineola, NY with offices in Princeton, NJ, Boston, MA and Antwerp (Belgium). For more information on RevBits please visit www.revbits.com/aboutrevbits. Contact: Neal Hesterberg [emailprotected] SOURCE RevBits LLC Related Links https://www.revbits.com/ |
edtsum264 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LIVONIA, Mich., Nov. 10, 2020 /PRNewswire/ -- WorkForce Software, a leading global provider of cloud-based workforce management solutions, announces today that it has been named #15 in the top 100 highest-rated companies for work-life balance in the 2020ComparablyAwards. The Comparably Awards are a business and company culture awards program, and the ratings for best work-life balance are based on anonymous employee feedback. In addition to WorkForce Software, the list of highest-rated companies for work-life balance also includes market leaders such as Walmart Inc., Starbucks, Target and Whole Foods Market. "One of the critical drivers to a company's success is cultivating happy and healthy employees, and that requires offering the best possible work-life balance," said Mike Morini, CEO of WorkForce Software. "I am proud of the culture we have built at WorkForce Software where we always put our employees first. Our approach puts trust in employees and unlocks their full potential by offering them the freedom and flexibility to be the CEO of their own area at work and to manage their personal and work lives in the ways that work best for them." WorkForce Software has a long history of leading HR technology innovation, and has implemented a number of modern HR programs that significantly support employees' work-life balance. These include reimbursements for fitness expenses, unlimited time off and most recently, a summer story time program where executives and guest athletes from one of WorkForce's sponsored charities, MVP, read stories to employees' children to give working parents a much-needed break amid the coronavirus pandemic. "2020 has been a year full of uncertainty and the well-being of workers has never been more important," said Comparably co-founder and CEO Jason Nazar. "Comparably's Best Work-Life Balance Award highlights companies like WorkForce Software that understand that giving employees flexibility in their lives results in a more healthy and productive workplace." "Being able to balance work and home is so critical to a family's mental health," said Michael Back, Scrum Master at WorkForce Software. "Among the many reasons I wanted to join the Workforce Software family is the value they place on this. I'm extremely proud to be a part of a company that values that balance and values the people that put in the hard work every day." For more information, visit WorkForceSoftware.com. About WorkForce SoftwareWorkForce Software is a leading global provider of cloud-based workforce management solutions. The company's WorkForce Suite adapts to each organization's needs, delivering a breakthrough employee experience no matter how unique your pay rules, labor regulations, schedules, and employee self-service needs are. Enterprise grade and future-ready, WorkForce Software removes the noise from a managers' busy day, protects your organization from compliance risks, provides leadership with strategic business insights, and delivers real employee engagement at the time and place work happens. Whether your employees are global, unionized, full-time, part-time, mobile, or seasonal, WorkForce Software makes managing your global workforce easy, less costly, and more rewarding for everyone. For more information, visit WorkForceSoftware.com. SOURCE WorkForce Software Related Links http://WorkForceSoftware.com
Answer: | WorkForce Software Honored in Comparably Annual Ranking of Top Companies for Work-Life Balance Comparably's recognition underscores WorkForce Software's commitment to a company culture that offers flexibility and trust for employees | LIVONIA, Mich., Nov. 10, 2020 /PRNewswire/ -- WorkForce Software, a leading global provider of cloud-based workforce management solutions, announces today that it has been named #15 in the top 100 highest-rated companies for work-life balance in the 2020ComparablyAwards. The Comparably Awards are a business and company culture awards program, and the ratings for best work-life balance are based on anonymous employee feedback. In addition to WorkForce Software, the list of highest-rated companies for work-life balance also includes market leaders such as Walmart Inc., Starbucks, Target and Whole Foods Market. "One of the critical drivers to a company's success is cultivating happy and healthy employees, and that requires offering the best possible work-life balance," said Mike Morini, CEO of WorkForce Software. "I am proud of the culture we have built at WorkForce Software where we always put our employees first. Our approach puts trust in employees and unlocks their full potential by offering them the freedom and flexibility to be the CEO of their own area at work and to manage their personal and work lives in the ways that work best for them." WorkForce Software has a long history of leading HR technology innovation, and has implemented a number of modern HR programs that significantly support employees' work-life balance. These include reimbursements for fitness expenses, unlimited time off and most recently, a summer story time program where executives and guest athletes from one of WorkForce's sponsored charities, MVP, read stories to employees' children to give working parents a much-needed break amid the coronavirus pandemic. "2020 has been a year full of uncertainty and the well-being of workers has never been more important," said Comparably co-founder and CEO Jason Nazar. "Comparably's Best Work-Life Balance Award highlights companies like WorkForce Software that understand that giving employees flexibility in their lives results in a more healthy and productive workplace." "Being able to balance work and home is so critical to a family's mental health," said Michael Back, Scrum Master at WorkForce Software. "Among the many reasons I wanted to join the Workforce Software family is the value they place on this. I'm extremely proud to be a part of a company that values that balance and values the people that put in the hard work every day." For more information, visit WorkForceSoftware.com. About WorkForce SoftwareWorkForce Software is a leading global provider of cloud-based workforce management solutions. The company's WorkForce Suite adapts to each organization's needs, delivering a breakthrough employee experience no matter how unique your pay rules, labor regulations, schedules, and employee self-service needs are. Enterprise grade and future-ready, WorkForce Software removes the noise from a managers' busy day, protects your organization from compliance risks, provides leadership with strategic business insights, and delivers real employee engagement at the time and place work happens. Whether your employees are global, unionized, full-time, part-time, mobile, or seasonal, WorkForce Software makes managing your global workforce easy, less costly, and more rewarding for everyone. For more information, visit WorkForceSoftware.com. SOURCE WorkForce Software Related Links http://WorkForceSoftware.com |
edtsum265 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO, May 21, 2020 /PRNewswire/ -- V-planet, a leading international vegan dog food company committed to providing 100% plant-based products, has announced that pet parents in Thailand can now purchase their vegan kind kibble from distributor P. Unithai Co., LTD through website Taily Buddy.Dog lovers of Thailand will now have access to v-planet's healthy and nourishing non-GMO dog food. The all plant-based kibble is available in two sizes, with mini bites for small dogs and large bites for medium and large ones. International plant-based dog food company v-planet is introducing its line of non-GMO vegan kibble in Thailand. "It's evident that Thailand cares deeply for the well-being of their pets," said Lindsay Rubin, vice president of v-planet. "Cruelty-free kibble is the future of nutritious animal superfoods, and as Thailand is rated as one of the top 10 countries for vegan and vegetarian travel, it comes as no surprise that the country is taking steps to incorporate plant-based ingredients in their dogs' diet." V-planet is a family-owned international business based in San Francisco, California. V-planet's parent company, v-dog, has been in the business of making plant-based dog food for 15 years. Using vegan protein and nutritious non-GMO ingredients, v-planet is made in Canada. Their recipe contains no corn, gluten, soy or wheat."We make v-planet with sensitive dogs in mind," Rubin said. "The ingredients are chosen to prevent any allergies or other negative reactions, and our goal is to give pups across the planet access to delicious, healthy meals."V-planet has expanded to Australia, Canada, Hong Kong, Israel, New Zealand, Panama, Singapore and now, Thailand. Steadily, it's spreading to even more countries around the globe.If you'd like to learn more about international distribution opportunities or the benefits of plant-based food for your dog's diet, visit https://v-dog.com. About v-planetV-planet, committed to providing 100 percent vegan products for dogs around the world, is the international brand of U.S.-based v-dog. Since 2005, v-dog has seen dogs of all shapes and sizes thrive on our nutritionally complete plant-based kibble. We are a vegan owned and operated family business with high quality standards and zero product recalls to date. Based in beautiful San Francisco, our team is made up of animal lovers with fur babies of our own. We work each day to ensure you and your dogs are happy and that our products are providing them with the ultimate source of nutrition and happiness. For more information about international distribution, visit v-planet.com.MEDIA CONTACT:Heather RipleyOrange Orchard865-977-1973[emailprotected] SOURCE V-planet Related Links https://v-planet.com
Answer: | V-planet introduces line of vegan dog products in Thailand International plant-based dog food company expands through distributor P. Unithai Co., LTD, increasing the number of countries they serve to seven | SAN FRANCISCO, May 21, 2020 /PRNewswire/ -- V-planet, a leading international vegan dog food company committed to providing 100% plant-based products, has announced that pet parents in Thailand can now purchase their vegan kind kibble from distributor P. Unithai Co., LTD through website Taily Buddy.Dog lovers of Thailand will now have access to v-planet's healthy and nourishing non-GMO dog food. The all plant-based kibble is available in two sizes, with mini bites for small dogs and large bites for medium and large ones. International plant-based dog food company v-planet is introducing its line of non-GMO vegan kibble in Thailand. "It's evident that Thailand cares deeply for the well-being of their pets," said Lindsay Rubin, vice president of v-planet. "Cruelty-free kibble is the future of nutritious animal superfoods, and as Thailand is rated as one of the top 10 countries for vegan and vegetarian travel, it comes as no surprise that the country is taking steps to incorporate plant-based ingredients in their dogs' diet." V-planet is a family-owned international business based in San Francisco, California. V-planet's parent company, v-dog, has been in the business of making plant-based dog food for 15 years. Using vegan protein and nutritious non-GMO ingredients, v-planet is made in Canada. Their recipe contains no corn, gluten, soy or wheat."We make v-planet with sensitive dogs in mind," Rubin said. "The ingredients are chosen to prevent any allergies or other negative reactions, and our goal is to give pups across the planet access to delicious, healthy meals."V-planet has expanded to Australia, Canada, Hong Kong, Israel, New Zealand, Panama, Singapore and now, Thailand. Steadily, it's spreading to even more countries around the globe.If you'd like to learn more about international distribution opportunities or the benefits of plant-based food for your dog's diet, visit https://v-dog.com. About v-planetV-planet, committed to providing 100 percent vegan products for dogs around the world, is the international brand of U.S.-based v-dog. Since 2005, v-dog has seen dogs of all shapes and sizes thrive on our nutritionally complete plant-based kibble. We are a vegan owned and operated family business with high quality standards and zero product recalls to date. Based in beautiful San Francisco, our team is made up of animal lovers with fur babies of our own. We work each day to ensure you and your dogs are happy and that our products are providing them with the ultimate source of nutrition and happiness. For more information about international distribution, visit v-planet.com.MEDIA CONTACT:Heather RipleyOrange Orchard865-977-1973[emailprotected] SOURCE V-planet Related Links https://v-planet.com |
edtsum266 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CLAYTON, Mo., May 14, 2020 /PRNewswire/ --Olin Corporation (NYSE: OLN)announced today that it intends to offer (the "Offering") $500 million aggregate principal amount of senior notes due 2025 (the "Senior Notes"), subject to market and other conditions. Olin expects to use the net proceeds of the Offering to fund general corporate purposes. The Senior Notes will be offered in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Senior Notes will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act. The Senior Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, the Senior Notes nor shall there be any sale of the Senior Notes 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. No assurance can be made that the Offering will be consummated on its proposed terms or at all. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges. CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS Statements in this press release which are not historical in nature are "forward-looking statements" within the meaning of the federal securities laws, including statements regarding the offering of the Senior Notes. These statements often include words such as "anticipate," "intend," "may," "expect," "believe," "should," "plan," "project," "estimate," "forecast," "optimistic," or similar expressions relate to analyses and other information that are based on management's beliefs, certain assumptions made by management, forecasts of future events, and current expectations, estimates and projections about the offering of the Senior Notes. However, you should understand that these statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. The risks, uncertainties and assumptions involved in our forward-looking statements, many of which are discussed in more detail in our filings with the Securities and Exchange Commission, including without limitation the "Risk Factors" section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 as supplemented by the additional Risk Factor set forth in Part II, Item 1A of our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2020, include, but are not limited to the following: sensitivity to economic, business and market conditions in the United States and overseas, including economic instability or a downturn in the sectors served by us, such as vinyls, urethanes, and pulp and paper; the cyclical nature of our operating results, particularly declines in average selling prices in the chlor alkali industry and the supply/demand balance for our products, including the impact of excess industry capacity or an imbalance in demand for our chlor alkali products; our reliance on a limited number of suppliers for specified feedstock and services and our reliance on third-party transportation; higher-than-expected raw material, energy, transportation and/or logistics costs; failure to control costs or to achieve targeted cost reductions; new regulations or public policy changes regarding the transportation of hazardous chemicals and the security of chemical manufacturing facilities; the occurrence of unexpected manufacturing interruptions and outages, including those occurring as a result of labor disruptions and production hazards; weak industry conditions affecting our ability to comply with the financial maintenance covenants in our senior credit facility; the negative impact from the COVID-19 pandemic and the global response to the pandemic; the failure or an interruption of our information technology systems; complications resulting from our multiple enterprise resource planning systems and the conversion to a new system; a loss of a substantial customer for either chlorine or caustic soda could cause an imbalance in customer demand for these products; our substantial amount of indebtedness and significant debt service obligations; unexpected litigation outcomes; changes in, or failure to comply with, legislation or government regulations or policies; costs and other expenditures in excess of those projected for environmental investigation and remediation or other legal proceedings; failure to attract, retain and motivate key employees; the effects of any declines in global equity markets on asset values and any declines in interest rates used to value the liabilities in our pension plan; adverse changes in international markets, including economic, political or regulatory changes; our long range plan assumptions not being realized causing a non-cash impairment charge of long-lived assets; adverse conditions in the credit and capital markets, limiting or preventing our ability to borrow or raise capital; and various risks associated with our transition and subsequent operation of the Lake City U.S. Army Ammunition Plant. All of our forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to us or that we consider immaterial could affect the accuracy of our forward-looking statements. We may not consummate the Offering and, if the Offering is consummated, we cannot provide any assurances regarding the final terms of the Offering. 2020-08 SOURCE Olin Corporation Related Links http://www.olin.com
Answer: | Olin To Pursue Private Offering Of Senior Notes | CLAYTON, Mo., May 14, 2020 /PRNewswire/ --Olin Corporation (NYSE: OLN)announced today that it intends to offer (the "Offering") $500 million aggregate principal amount of senior notes due 2025 (the "Senior Notes"), subject to market and other conditions. Olin expects to use the net proceeds of the Offering to fund general corporate purposes. The Senior Notes will be offered in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Senior Notes will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act. The Senior Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, the Senior Notes nor shall there be any sale of the Senior Notes 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. No assurance can be made that the Offering will be consummated on its proposed terms or at all. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges. CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS Statements in this press release which are not historical in nature are "forward-looking statements" within the meaning of the federal securities laws, including statements regarding the offering of the Senior Notes. These statements often include words such as "anticipate," "intend," "may," "expect," "believe," "should," "plan," "project," "estimate," "forecast," "optimistic," or similar expressions relate to analyses and other information that are based on management's beliefs, certain assumptions made by management, forecasts of future events, and current expectations, estimates and projections about the offering of the Senior Notes. However, you should understand that these statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. The risks, uncertainties and assumptions involved in our forward-looking statements, many of which are discussed in more detail in our filings with the Securities and Exchange Commission, including without limitation the "Risk Factors" section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 as supplemented by the additional Risk Factor set forth in Part II, Item 1A of our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2020, include, but are not limited to the following: sensitivity to economic, business and market conditions in the United States and overseas, including economic instability or a downturn in the sectors served by us, such as vinyls, urethanes, and pulp and paper; the cyclical nature of our operating results, particularly declines in average selling prices in the chlor alkali industry and the supply/demand balance for our products, including the impact of excess industry capacity or an imbalance in demand for our chlor alkali products; our reliance on a limited number of suppliers for specified feedstock and services and our reliance on third-party transportation; higher-than-expected raw material, energy, transportation and/or logistics costs; failure to control costs or to achieve targeted cost reductions; new regulations or public policy changes regarding the transportation of hazardous chemicals and the security of chemical manufacturing facilities; the occurrence of unexpected manufacturing interruptions and outages, including those occurring as a result of labor disruptions and production hazards; weak industry conditions affecting our ability to comply with the financial maintenance covenants in our senior credit facility; the negative impact from the COVID-19 pandemic and the global response to the pandemic; the failure or an interruption of our information technology systems; complications resulting from our multiple enterprise resource planning systems and the conversion to a new system; a loss of a substantial customer for either chlorine or caustic soda could cause an imbalance in customer demand for these products; our substantial amount of indebtedness and significant debt service obligations; unexpected litigation outcomes; changes in, or failure to comply with, legislation or government regulations or policies; costs and other expenditures in excess of those projected for environmental investigation and remediation or other legal proceedings; failure to attract, retain and motivate key employees; the effects of any declines in global equity markets on asset values and any declines in interest rates used to value the liabilities in our pension plan; adverse changes in international markets, including economic, political or regulatory changes; our long range plan assumptions not being realized causing a non-cash impairment charge of long-lived assets; adverse conditions in the credit and capital markets, limiting or preventing our ability to borrow or raise capital; and various risks associated with our transition and subsequent operation of the Lake City U.S. Army Ammunition Plant. All of our forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to us or that we consider immaterial could affect the accuracy of our forward-looking statements. We may not consummate the Offering and, if the Offering is consummated, we cannot provide any assurances regarding the final terms of the Offering. 2020-08 SOURCE Olin Corporation Related Links http://www.olin.com |
edtsum267 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Luxury Vinyl Tile (LVT) 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 Luxury Vinyl Tile (LVT) 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 Luxury Vinyl Tile (LVT) as well as some small players. The information for each competitor includes: Applications Segment: Companies Covered: 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 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) by Region 8.2 Import of Luxury Vinyl Tile (Lvt) by Region 8.3 Balance of Trade Chapter 9 Historical and Forecast Luxury Vinyl Tile (Lvt) Market in North America (2015-2025) 9.1 Luxury Vinyl Tile (Lvt) Market Size 9.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in South America (2015-2025) 10.1 Luxury Vinyl Tile (Lvt) Market Size 10.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in Asia & Pacific (2015-2025) 11.1 Luxury Vinyl Tile (Lvt) Market Size 11.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in Europe (2015-2025) 12.1 Luxury Vinyl Tile (Lvt) Market Size 12.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in MEA (2015-2025) 13.1 Luxury Vinyl Tile (Lvt) Market Size 13.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market (2015-2020) 14.1 Luxury Vinyl Tile (Lvt) Market Size 14.2 Luxury Vinyl Tile (Lvt) Demand by End Use 14.3 Competition by Players/Suppliers 14.4 Type Segmentation and Price Chapter 15 Global Luxury Vinyl Tile (Lvt) Market Forecast (2020-2025) 15.1 Luxury Vinyl Tile (Lvt) Market Size Forecast 15.2 Luxury Vinyl Tile (Lvt) 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/fg9fny
Answer: | Global Luxury Vinyl Tile Market Insights (2020 to 2025) - Analysis and Forecasts - ResearchAndMarkets.com | DUBLIN--(BUSINESS WIRE)--The "Luxury Vinyl Tile (LVT) 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 Luxury Vinyl Tile (LVT) 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 Luxury Vinyl Tile (LVT) as well as some small players. The information for each competitor includes: Applications Segment: Companies Covered: 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 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) by Region 8.2 Import of Luxury Vinyl Tile (Lvt) by Region 8.3 Balance of Trade Chapter 9 Historical and Forecast Luxury Vinyl Tile (Lvt) Market in North America (2015-2025) 9.1 Luxury Vinyl Tile (Lvt) Market Size 9.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in South America (2015-2025) 10.1 Luxury Vinyl Tile (Lvt) Market Size 10.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in Asia & Pacific (2015-2025) 11.1 Luxury Vinyl Tile (Lvt) Market Size 11.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in Europe (2015-2025) 12.1 Luxury Vinyl Tile (Lvt) Market Size 12.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market in MEA (2015-2025) 13.1 Luxury Vinyl Tile (Lvt) Market Size 13.2 Luxury Vinyl Tile (Lvt) 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 Luxury Vinyl Tile (Lvt) Market (2015-2020) 14.1 Luxury Vinyl Tile (Lvt) Market Size 14.2 Luxury Vinyl Tile (Lvt) Demand by End Use 14.3 Competition by Players/Suppliers 14.4 Type Segmentation and Price Chapter 15 Global Luxury Vinyl Tile (Lvt) Market Forecast (2020-2025) 15.1 Luxury Vinyl Tile (Lvt) Market Size Forecast 15.2 Luxury Vinyl Tile (Lvt) 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/fg9fny |
edtsum268 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON, Oct. 27, 2020 /PRNewswire/ --LCD TV panel shipments are set to decline by 6% in 2021 according to the latest research from Omdia. LCD TV display makers are expected to ship 256M units of LCD TV panel in 2021. Figure LCD TV Display purchasing volumes by global top-10 TV Manufacturer (PRNewsfoto/Omdia) Chinese TV display panel makers are expected to increase their dominance of global shipments with their share of market set to increase by 10% YoY to 64% in 2021. There has also been a change in focus for many LCD TV Panel makers. The new capacity from Gen 8.6 and Gen 10.5 fabs, panel makers want to stop focusing the 43-inch panel production to focus on the 65-/75-inch panel production at Gen 10.5 fabs, more Gen 8.5 fabs capacity will be shifted to IT panel production, components supply constraint. However, while the LCD TV panel supply is shrunk, Omdia observes that the TV makers are more aggressive in planning their 2021 business. Omdia's research has found that the global top 15 TV brands' intended to grow their LCD TV shipments to new highs, up 9% YoY, if they are able to secure the panel supply.Top 10 TV manufacturers - Samsung, LG, TCL, Hisense, and Skyworth are planning to purchase 200 million units of LCD TV panels in 2021, occupying for 86% of global supply, an increase from 70% in 2020 or 64% in 2018 according to the latest Omdia TV Display and OEM intelligence Service.While there are dynamic changes on worldwide TV makers' shipments targets for 2020 amid the COVID-19 pandemic, TV makers are proposing TV business plans for 2021 and the aggressive growth scenario will be adopted for the time being to negotiate the competitive panel supply resources and secure their market positions, which are expected to have some drastic changes from 2020 onwards when the panel supply continues to be an issue in 2021.Top tier TV makers, Samsung, LGE, TCL, Hisense and Skyworth are jointly asking for 1015% more of panel supply for 2021 as they are expecting a strong recovery post COVID-19.Supply Chain Issues: Currently these growth plans are beyond panel makers' supply availability. Panel makers are prioritizing their panel supply to their strategic or preferred top tier TV makers who can sell TVs with advanced features at a higher premium, rather than to the low-tier TV makers whose TVs are priced at low value in the market.This focus on the premium market will cause an industry shakeout in TV makers the value of the entire TV supply chain will be improved accordingly.Deborah Yang, supply chain research director in Omdia, commented: "TV display Supply chain relationships have been reshaped drastically in 2020-2021 due to the impact of the COVID-19 and the Korea LCD makers' reduced supply along with the newly increased supply from China."From 2021, Chinese panel makers have the clear leadership in all aspects, which means panel supply will be decided by fewer but much stronger panel makers in 2021. This will worry some TV makers who used to enjoy supply chain bargaining."When the panel supply falls short of the demand that comes with the skyrocketed panel prices in the second half of 2020, it will naturally pressure some low-tier TV makers. Strengthening business relationships with certain panel makers to secure the competitive supply base will be the key success factor for TV makers."About OmdiaOmdia is a global technology research powerhouse, established following the merger of the research division of Informa Tech and the acquired IHS Markit technology research portfolio, Ovum, Heavy Reading, and Tractica.We combine the expertise of more than 400 analysts across the entire technology spectrum covering 150 markets and publish over 3,000 research reports annually, reaching over 14,000 subscribers, and covering thousands of technology, media, and telecommunications companies.Our exhaustive intelligence and deep technology expertise allow us to uncover actionable insights that help our customers connect the dots in today's constantly evolving technology environment and empower them to improve their businesses today and tomorrow.Learn more about OmdiaOmdia is a registered trademark of Informa PLC and/or its affiliates. All other company and product names may be trademarks of their respective owners. Informa PLC registered in England & Wales with number 8860726, registered office and head office 5 Howick Place, London, SW1P 1WG, UK. Copyright 2020 Omdia. All rights reserved.The majority of IHS Markit technology research products and solutions were acquired by Informa in August 2019 and are now part of Omdia.Photo - https://mma.prnewswire.com/media/1321005/Omdia_LCD_TV_Makers_Infographic.jpgSOURCE Omdia Related Links https://omdia.com
Answer: | According to Omdia - LCD TV makers are planning for an aggressive TV display purchase plan in 2021 despite the limited display supply Global Top 10 TV manufacturers - Samsung, LG, TCL, Hisense, Skyworth, TPV, Changhong, Sony, Vestel and Konka - aim to purchase 200 million units of LCD TV panels in 2021, occupying 86% of panel makers' supply, an increase from 70% in 2020 or 64% in 2018 | LONDON, Oct. 27, 2020 /PRNewswire/ --LCD TV panel shipments are set to decline by 6% in 2021 according to the latest research from Omdia. LCD TV display makers are expected to ship 256M units of LCD TV panel in 2021. Figure LCD TV Display purchasing volumes by global top-10 TV Manufacturer (PRNewsfoto/Omdia) Chinese TV display panel makers are expected to increase their dominance of global shipments with their share of market set to increase by 10% YoY to 64% in 2021. There has also been a change in focus for many LCD TV Panel makers. The new capacity from Gen 8.6 and Gen 10.5 fabs, panel makers want to stop focusing the 43-inch panel production to focus on the 65-/75-inch panel production at Gen 10.5 fabs, more Gen 8.5 fabs capacity will be shifted to IT panel production, components supply constraint. However, while the LCD TV panel supply is shrunk, Omdia observes that the TV makers are more aggressive in planning their 2021 business. Omdia's research has found that the global top 15 TV brands' intended to grow their LCD TV shipments to new highs, up 9% YoY, if they are able to secure the panel supply.Top 10 TV manufacturers - Samsung, LG, TCL, Hisense, and Skyworth are planning to purchase 200 million units of LCD TV panels in 2021, occupying for 86% of global supply, an increase from 70% in 2020 or 64% in 2018 according to the latest Omdia TV Display and OEM intelligence Service.While there are dynamic changes on worldwide TV makers' shipments targets for 2020 amid the COVID-19 pandemic, TV makers are proposing TV business plans for 2021 and the aggressive growth scenario will be adopted for the time being to negotiate the competitive panel supply resources and secure their market positions, which are expected to have some drastic changes from 2020 onwards when the panel supply continues to be an issue in 2021.Top tier TV makers, Samsung, LGE, TCL, Hisense and Skyworth are jointly asking for 1015% more of panel supply for 2021 as they are expecting a strong recovery post COVID-19.Supply Chain Issues: Currently these growth plans are beyond panel makers' supply availability. Panel makers are prioritizing their panel supply to their strategic or preferred top tier TV makers who can sell TVs with advanced features at a higher premium, rather than to the low-tier TV makers whose TVs are priced at low value in the market.This focus on the premium market will cause an industry shakeout in TV makers the value of the entire TV supply chain will be improved accordingly.Deborah Yang, supply chain research director in Omdia, commented: "TV display Supply chain relationships have been reshaped drastically in 2020-2021 due to the impact of the COVID-19 and the Korea LCD makers' reduced supply along with the newly increased supply from China."From 2021, Chinese panel makers have the clear leadership in all aspects, which means panel supply will be decided by fewer but much stronger panel makers in 2021. This will worry some TV makers who used to enjoy supply chain bargaining."When the panel supply falls short of the demand that comes with the skyrocketed panel prices in the second half of 2020, it will naturally pressure some low-tier TV makers. Strengthening business relationships with certain panel makers to secure the competitive supply base will be the key success factor for TV makers."About OmdiaOmdia is a global technology research powerhouse, established following the merger of the research division of Informa Tech and the acquired IHS Markit technology research portfolio, Ovum, Heavy Reading, and Tractica.We combine the expertise of more than 400 analysts across the entire technology spectrum covering 150 markets and publish over 3,000 research reports annually, reaching over 14,000 subscribers, and covering thousands of technology, media, and telecommunications companies.Our exhaustive intelligence and deep technology expertise allow us to uncover actionable insights that help our customers connect the dots in today's constantly evolving technology environment and empower them to improve their businesses today and tomorrow.Learn more about OmdiaOmdia is a registered trademark of Informa PLC and/or its affiliates. All other company and product names may be trademarks of their respective owners. Informa PLC registered in England & Wales with number 8860726, registered office and head office 5 Howick Place, London, SW1P 1WG, UK. Copyright 2020 Omdia. All rights reserved.The majority of IHS Markit technology research products and solutions were acquired by Informa in August 2019 and are now part of Omdia.Photo - https://mma.prnewswire.com/media/1321005/Omdia_LCD_TV_Makers_Infographic.jpgSOURCE Omdia Related Links https://omdia.com |
edtsum269 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Jasmine Rice Global Market Insights 2020, Analysis and Forecast to 2025, by Manufacturers, Regions, Technology, Product Type" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of Jasmine Rice 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 Jasmine Rice as well as some small players. Companies Covered: The information for each competitor includes: Types Segment: 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 Jasmine Rice 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 Jasmine Rice by Region 8.2 Import of Jasmine Rice by Region 8.3 Balance of Trade Chapter 9 Historical and Forecast Jasmine Rice Market in North America (2015-2025) 9.1 Jasmine Rice Market Size 9.2 Jasmine Rice 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 Jasmine Rice Market in South America (2015-2025) 10.1 Jasmine Rice Market Size 10.2 Jasmine Rice 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 Jasmine Rice Market in Asia & Pacific (2015-2025) 11.1 Jasmine Rice Market Size 11.2 Jasmine Rice 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 Jasmine Rice Market in Europe (2015-2025) 12.1 Jasmine Rice Market Size 12.2 Jasmine Rice 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 Jasmine Rice Market in MEA (2015-2025) 13.1 Jasmine Rice Market Size 13.2 Jasmine Rice 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 Jasmine Rice Market (2015-2020) 14.1 Jasmine Rice Market Size 14.2 Jasmine Rice Demand by End Use 14.3 Competition by Players/Suppliers 14.4 Type Segmentation and Price Chapter 15 Global Jasmine Rice Market Forecast (2020-2025) 15.1 Jasmine Rice Market Size Forecast 15.2 Jasmine Rice 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/x2c674
Answer: | Jasmine Rice Global Market Insights (2020 to 2025) - Analysis and Forecasts - ResearchAndMarkets.com | DUBLIN--(BUSINESS WIRE)--The "Jasmine Rice Global Market Insights 2020, Analysis and Forecast to 2025, by Manufacturers, Regions, Technology, Product Type" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of Jasmine Rice 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 Jasmine Rice as well as some small players. Companies Covered: The information for each competitor includes: Types Segment: 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 Jasmine Rice 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 Jasmine Rice by Region 8.2 Import of Jasmine Rice by Region 8.3 Balance of Trade Chapter 9 Historical and Forecast Jasmine Rice Market in North America (2015-2025) 9.1 Jasmine Rice Market Size 9.2 Jasmine Rice 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 Jasmine Rice Market in South America (2015-2025) 10.1 Jasmine Rice Market Size 10.2 Jasmine Rice 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 Jasmine Rice Market in Asia & Pacific (2015-2025) 11.1 Jasmine Rice Market Size 11.2 Jasmine Rice 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 Jasmine Rice Market in Europe (2015-2025) 12.1 Jasmine Rice Market Size 12.2 Jasmine Rice 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 Jasmine Rice Market in MEA (2015-2025) 13.1 Jasmine Rice Market Size 13.2 Jasmine Rice 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 Jasmine Rice Market (2015-2020) 14.1 Jasmine Rice Market Size 14.2 Jasmine Rice Demand by End Use 14.3 Competition by Players/Suppliers 14.4 Type Segmentation and Price Chapter 15 Global Jasmine Rice Market Forecast (2020-2025) 15.1 Jasmine Rice Market Size Forecast 15.2 Jasmine Rice 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/x2c674 |
edtsum270 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TEL AVIV, Israel, Aug. 3, 2020 /PRNewswire/ -- More than 60% of the world's population depends on agriculture for its survival. In the Unites States alone, agriculture and related industries contribute over $1 trillion to GDP. Yet, as one of the slowest sectors to adopt new technologies, the entire food system is being impacted by the COVID-19 pandemic and the climate crisis. Today, Agritask, a global leader in precision agronomics, emphasized its commitment to the role of insurance solutions in catalysing the agricultural sector's resilience to acute shocks and chronic stresses. To better address the challenges of food security, Agritask has appointed Daniel Stander, a global pioneer in decision science and resilience finance, as senior advisor to its leadership team. The appointment demonstrates Agritask's intent to further expand its value to the agricultural supply chain with risk-informed, data-driven, decision-useful insights. Daniel began advising Agritask earlier this year, helping drive the innovation required to address the productivity challenges facing growers, investors, ag-buyers and governments. Motivated by a desire to make communities and economies more resilient, Daniel has spent much of his career at the intersection of risk and strategic innovation. Over the last 20 years, he has worked on every continent, advising governments, NGOs and financial services institutions on a variety of complex risks, from natural hazards and environmental stresses to pandemics and cyber exposure. He has been a pioneer of #ResilienceFinance, helping capital find responsible investments in the face of climate extremes. Daniel spent 14 successful years at RMS. Prior to RMS, Daniel was part of the group strategy and development function at an 80,000-employee, 10bn global healthcare group, serving 30 million customers in over 190 countries. He also has considerable start-up experience, having been a founding member of an award-winning SaaS company, establishing the use of internet technologies across the insurance value chain. Ofir Ardon, Chief Executive Officer at Agritask, said: "Daniel possesses both unrivalled industry knowledge and significant experience in growing technology companies. Businesses and governments around the world have benefited from Daniel's pragmatic approach to innovation, as well as his sensitive thought leadership. His insights are perceptive, his relationships strong and his passion infectious. These qualities will help us deliver new and differentiated value to the markets we serve, thereby increasing the relevance of our business." Daniel's appointment follows that of Dr. Rom Aviv, an expert in insurance-linked securities, as Managing Director and Head of Insurance at Agritask. Commenting on today's news, Dr. Aviv said: "About 50% of the world's food is produced by 500 million smallholders. Yet these farmers typically do not have access to affordable insurance. There are no quick and easy solutions here. After all, agricultural insurance is complex and dynamic. However, Daniel's business acumen, relentless energy and domain experience will empower us to transform this industry with technological innovations. We are already profiting from his advice on value-chain digitization and decision science to the benefit of our insurance sector clients. More than that, though, Daniel's experience leading mission-driven businesses will ensure we fulfil our societal purpose of eradicating poverty and food insecurity by making crop insurance accessible to all." Ernesto Costa, Head of Private Equity Investments at BlueOrchard and Agritask Board Member, said: "In delivering on the Sustainable Development Goals, three things will be paramount: technology adoption, agricultural ecosystems and risk finance. Daniel deeply understands the importance of and the interplay between each. He is a seasoned professional and brings Agritask the kind of experience and expertise that will help the company grow by unlocking new value for its customers. I am looking forward to his contributions as we scale inclusive insurance, thereby improving the financial stability of 25 million smallholder farmers along with the quantity, quality and predictability of their yield." Based in London, Daniel will work closely with Agritask's teams in Tel Aviv, London and Sofia, as well as Agritask's clients in South America, Africa and Asia. In addition to his role with Agritask, Daniel continues to serve as a private sector representative to the United Nations on matters of disaster risk reduction. Daniel Stander, Senior Advisor at Agritask said, "Over 1.3 billion people worldwide work in agriculture, generating about $2.5 trillion for the global economy. More than that, there is a close correlation between agricultural performance and poverty reduction. Yet, if left unmanaged, acute and chronic risks will increasingly undermine global food security, hurting food production, disrupting supply chains and stressing people's ability to access nutritious and affordable food. Agricultural ecosystems are at an inflection point. Unprecedented opportunities exist to harness advances in remote sensing, data analytics, machine learning and climate risk finance. The significant investments Agritask is making in its agronomics platform will hasten the adoption of climate-smart food systems, increasing productivity, enhancing resilience and reducing emissions while at the same time making agribusinesses more equitable and less volatile. The team at Agritask is already delivering value that seemed impossible just a few years ago. I am excited by the potential. I am keen to collaborate, innovate, deliver and grow." Note: This release has been revised to remove inaccurate information about RMS. About Agritask Agritask is a holistic ag-operations platform, designed to scale fact-based decision making for agricultural businesses. The platform has been successfully deployed in more than 30 countries. It is being used by every participant in the agricultural ecosystem, including large growers, multi-farm corporations, ag-buyers, food conglomerates, private equity managers, ag-financiers, insurance companies, governments and NGOs. The Agritask platform enables the development and delivery of highly personalized and rigorouscrop insuranceproducts, with a capacity to serve millions of smallholders in a single insurance programme.The platform registers and maps small farms, obtains field data and correlates high-resolution weather and other secondary data at the plot level. This empowers users to dynamically assess risks, design targetedinsuranceproducts and monitorcropperformance at scale through the season.Using remote sensing and GIS capabilities, such as satellite-based auto-cropand auto-plot detection models,crophealth monitoring and post-event damage assessment, Agritask is enabling capital to cover hitherto uninsurable risks across the agricultural value chain. For additional information, please visit: www.agritask.com About BlueOrchard Finance Ltd BlueOrchard is a leading global impact investment manager and a member of the Schroders group. The firm is dedicated to fostering inclusive and climate-smart growth in emerging and frontier markets, while providing attractive returns for investors. BlueOrchard was founded in 2001, by initiative of the UN, as the world's first commercial manager of microfinance debt investments. The firm has built a distinct track record in offering premium impact investment solutions, including credit, private equity, and sustainable infrastructure. Being an expert in innovative blended finance mandates, the firm is a trusted partner of leading global development finance institutions. BlueOrchard has invested to date more than USD 6bn for sophisticated global private and public clients, enabling tangible social and environmental impact. For additional information, please visit:www.blueorchard.com For media inquiries only, please contact Lilach Bar-Tal at [emailprotected]. SOURCE Agritask Related Links http://www.agritask.com/
Answer: | Appointment of Daniel Stander Underscores Agritask's Commitment to Securing Global Food Systems with Agricultural Insurance Solutions English English New Advisor brings over 20 years of experience in finance, technology and data science | TEL AVIV, Israel, Aug. 3, 2020 /PRNewswire/ -- More than 60% of the world's population depends on agriculture for its survival. In the Unites States alone, agriculture and related industries contribute over $1 trillion to GDP. Yet, as one of the slowest sectors to adopt new technologies, the entire food system is being impacted by the COVID-19 pandemic and the climate crisis. Today, Agritask, a global leader in precision agronomics, emphasized its commitment to the role of insurance solutions in catalysing the agricultural sector's resilience to acute shocks and chronic stresses. To better address the challenges of food security, Agritask has appointed Daniel Stander, a global pioneer in decision science and resilience finance, as senior advisor to its leadership team. The appointment demonstrates Agritask's intent to further expand its value to the agricultural supply chain with risk-informed, data-driven, decision-useful insights. Daniel began advising Agritask earlier this year, helping drive the innovation required to address the productivity challenges facing growers, investors, ag-buyers and governments. Motivated by a desire to make communities and economies more resilient, Daniel has spent much of his career at the intersection of risk and strategic innovation. Over the last 20 years, he has worked on every continent, advising governments, NGOs and financial services institutions on a variety of complex risks, from natural hazards and environmental stresses to pandemics and cyber exposure. He has been a pioneer of #ResilienceFinance, helping capital find responsible investments in the face of climate extremes. Daniel spent 14 successful years at RMS. Prior to RMS, Daniel was part of the group strategy and development function at an 80,000-employee, 10bn global healthcare group, serving 30 million customers in over 190 countries. He also has considerable start-up experience, having been a founding member of an award-winning SaaS company, establishing the use of internet technologies across the insurance value chain. Ofir Ardon, Chief Executive Officer at Agritask, said: "Daniel possesses both unrivalled industry knowledge and significant experience in growing technology companies. Businesses and governments around the world have benefited from Daniel's pragmatic approach to innovation, as well as his sensitive thought leadership. His insights are perceptive, his relationships strong and his passion infectious. These qualities will help us deliver new and differentiated value to the markets we serve, thereby increasing the relevance of our business." Daniel's appointment follows that of Dr. Rom Aviv, an expert in insurance-linked securities, as Managing Director and Head of Insurance at Agritask. Commenting on today's news, Dr. Aviv said: "About 50% of the world's food is produced by 500 million smallholders. Yet these farmers typically do not have access to affordable insurance. There are no quick and easy solutions here. After all, agricultural insurance is complex and dynamic. However, Daniel's business acumen, relentless energy and domain experience will empower us to transform this industry with technological innovations. We are already profiting from his advice on value-chain digitization and decision science to the benefit of our insurance sector clients. More than that, though, Daniel's experience leading mission-driven businesses will ensure we fulfil our societal purpose of eradicating poverty and food insecurity by making crop insurance accessible to all." Ernesto Costa, Head of Private Equity Investments at BlueOrchard and Agritask Board Member, said: "In delivering on the Sustainable Development Goals, three things will be paramount: technology adoption, agricultural ecosystems and risk finance. Daniel deeply understands the importance of and the interplay between each. He is a seasoned professional and brings Agritask the kind of experience and expertise that will help the company grow by unlocking new value for its customers. I am looking forward to his contributions as we scale inclusive insurance, thereby improving the financial stability of 25 million smallholder farmers along with the quantity, quality and predictability of their yield." Based in London, Daniel will work closely with Agritask's teams in Tel Aviv, London and Sofia, as well as Agritask's clients in South America, Africa and Asia. In addition to his role with Agritask, Daniel continues to serve as a private sector representative to the United Nations on matters of disaster risk reduction. Daniel Stander, Senior Advisor at Agritask said, "Over 1.3 billion people worldwide work in agriculture, generating about $2.5 trillion for the global economy. More than that, there is a close correlation between agricultural performance and poverty reduction. Yet, if left unmanaged, acute and chronic risks will increasingly undermine global food security, hurting food production, disrupting supply chains and stressing people's ability to access nutritious and affordable food. Agricultural ecosystems are at an inflection point. Unprecedented opportunities exist to harness advances in remote sensing, data analytics, machine learning and climate risk finance. The significant investments Agritask is making in its agronomics platform will hasten the adoption of climate-smart food systems, increasing productivity, enhancing resilience and reducing emissions while at the same time making agribusinesses more equitable and less volatile. The team at Agritask is already delivering value that seemed impossible just a few years ago. I am excited by the potential. I am keen to collaborate, innovate, deliver and grow." Note: This release has been revised to remove inaccurate information about RMS. About Agritask Agritask is a holistic ag-operations platform, designed to scale fact-based decision making for agricultural businesses. The platform has been successfully deployed in more than 30 countries. It is being used by every participant in the agricultural ecosystem, including large growers, multi-farm corporations, ag-buyers, food conglomerates, private equity managers, ag-financiers, insurance companies, governments and NGOs. The Agritask platform enables the development and delivery of highly personalized and rigorouscrop insuranceproducts, with a capacity to serve millions of smallholders in a single insurance programme.The platform registers and maps small farms, obtains field data and correlates high-resolution weather and other secondary data at the plot level. This empowers users to dynamically assess risks, design targetedinsuranceproducts and monitorcropperformance at scale through the season.Using remote sensing and GIS capabilities, such as satellite-based auto-cropand auto-plot detection models,crophealth monitoring and post-event damage assessment, Agritask is enabling capital to cover hitherto uninsurable risks across the agricultural value chain. For additional information, please visit: www.agritask.com About BlueOrchard Finance Ltd BlueOrchard is a leading global impact investment manager and a member of the Schroders group. The firm is dedicated to fostering inclusive and climate-smart growth in emerging and frontier markets, while providing attractive returns for investors. BlueOrchard was founded in 2001, by initiative of the UN, as the world's first commercial manager of microfinance debt investments. The firm has built a distinct track record in offering premium impact investment solutions, including credit, private equity, and sustainable infrastructure. Being an expert in innovative blended finance mandates, the firm is a trusted partner of leading global development finance institutions. BlueOrchard has invested to date more than USD 6bn for sophisticated global private and public clients, enabling tangible social and environmental impact. For additional information, please visit:www.blueorchard.com For media inquiries only, please contact Lilach Bar-Tal at [emailprotected]. SOURCE Agritask Related Links http://www.agritask.com/ |
edtsum271 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: OAKLAND, Calif., Nov. 25, 2020 /PRNewswire/ --Two groups in Northern California are addressing the issue of physician burnout.AltaisClinical Services, a division of the healthcare services company Altais, and Brown & Toland Physicians, an independent network of more than 2,700 physicians serving more than 350,000 patients in the San Francisco Bay Area, today completed their affiliation. The two organizations have formally joined to expand the transformation of patient care for improved health outcomes at an affordable cost and accelerate the improvement of the physician and patient experience. Brown & Toland Physicians is now a subsidiary of Altais Clinical Services. Kelly Robison remains Brown & Toland Physicians' chief executive officer. Brown & Toland Studies recently cited by JAMA Networkdemonstrate that widespread physician burnout is a major contributor to the current shortage of physicians in the United States. Some of the factors creating this burnout include the significant time required by physicians to manage electronic health records and the increasing complexities of operating a practice. These and other pressures take physicians' time away from caring for patients. The COVID-19 pandemic has exacerbated the problem, according to the New England Journal of Medicine. Brown & Toland Physicians will continue to operate under its current brand and continue to service all payers. As part of Altais Clinical Services, Brown & Toland Physicians now has access to additional capital, services and a wide range of programs and tools for physicians to operate independent practices under a value-based model. All Brown & Toland Physicians' patients can continue to see their physicians with no interruption in care. As part of Altais Clinical Services, Brown & Toland Physicians will continue to provide a clinically integrated system of coordinated care to ensure its physicians spend time doing what they do best caring for patients. This includes sophisticated clinical tools and a technology management platform to enhance clinical and service quality for physicians and their patients. "Altais Clinical Services and Brown & Toland Physicians share the vision of a reimagined physician practice experience. We will serve as an innovator for independent physicians, providing deeper levels of support and the tools they need to deliver high-quality, affordable care to their patients in this increasingly value-based world," said Robison."Physicians will benefit from a more robust practice management platform that uses an advanced set of data, insights and tools to care for patients where and when they need it.""We at Altais Clinical Services are delighted to have Brown & Toland Physicians join us. Together, we look to bring even greater value to physicians. Our goal is to accelerate the capacity of physicians and the clinical community to maximize the health and well-being of their patients and set practices up for long-term success," said Jeff Bailet, M.D., Altais' president and chief executive officer. "Our focus is to restore the vibrancy of independent physician practices, so they can direct more of their focus on patient care." About AltaisAltais is a healthcare services company that helps physicians and the clinical community maximize the health and well-being of their patients in an affordable and sustainable way. Altais has two divisions. Altais Clinical Services offers a range of affiliation and employment models for physicians, and high-quality, affordable care for patients. Altais Health offers a broad platform of clinical support tools and technology, along with high-touch support. Altais seeks to enhance the vibrancy of physician practice and strengthen the heart of medicine physicians connecting with patients and providing personalized, high-quality care. For more information about Altais, please visit www.altais.com.About Brown & Toland PhysiciansBrown & Toland Physicians, a subsidiary of Altais Clinical Services, is a leading network of independent doctors focused on delivering personalized and high-quality healthcare to the San Francisco Bay Area. Its network of more than 2,700 physicians, serving more than 350,000 HMO and PPO patients, is dedicated to improving care and reducing costs through innovative care management and care coordination programs, use of healthcare technology and population health management strategies. Brown & Toland collaborates with leading hospitals and health plan providers to deliver high quality care in the Bay Area. To learn more, please visit: www.brownandtoland.com. Media Contact:David CumpstonLandis Communications Inc.[emailprotected](415) 902-4461www.landispr.comSOURCE Altais Related Links https://altais.com
Answer: | Altais Clinical Services and Brown & Toland Physicians Combine Forces To Accelerate Improvement of Physician and Patient Experiences | OAKLAND, Calif., Nov. 25, 2020 /PRNewswire/ --Two groups in Northern California are addressing the issue of physician burnout.AltaisClinical Services, a division of the healthcare services company Altais, and Brown & Toland Physicians, an independent network of more than 2,700 physicians serving more than 350,000 patients in the San Francisco Bay Area, today completed their affiliation. The two organizations have formally joined to expand the transformation of patient care for improved health outcomes at an affordable cost and accelerate the improvement of the physician and patient experience. Brown & Toland Physicians is now a subsidiary of Altais Clinical Services. Kelly Robison remains Brown & Toland Physicians' chief executive officer. Brown & Toland Studies recently cited by JAMA Networkdemonstrate that widespread physician burnout is a major contributor to the current shortage of physicians in the United States. Some of the factors creating this burnout include the significant time required by physicians to manage electronic health records and the increasing complexities of operating a practice. These and other pressures take physicians' time away from caring for patients. The COVID-19 pandemic has exacerbated the problem, according to the New England Journal of Medicine. Brown & Toland Physicians will continue to operate under its current brand and continue to service all payers. As part of Altais Clinical Services, Brown & Toland Physicians now has access to additional capital, services and a wide range of programs and tools for physicians to operate independent practices under a value-based model. All Brown & Toland Physicians' patients can continue to see their physicians with no interruption in care. As part of Altais Clinical Services, Brown & Toland Physicians will continue to provide a clinically integrated system of coordinated care to ensure its physicians spend time doing what they do best caring for patients. This includes sophisticated clinical tools and a technology management platform to enhance clinical and service quality for physicians and their patients. "Altais Clinical Services and Brown & Toland Physicians share the vision of a reimagined physician practice experience. We will serve as an innovator for independent physicians, providing deeper levels of support and the tools they need to deliver high-quality, affordable care to their patients in this increasingly value-based world," said Robison."Physicians will benefit from a more robust practice management platform that uses an advanced set of data, insights and tools to care for patients where and when they need it.""We at Altais Clinical Services are delighted to have Brown & Toland Physicians join us. Together, we look to bring even greater value to physicians. Our goal is to accelerate the capacity of physicians and the clinical community to maximize the health and well-being of their patients and set practices up for long-term success," said Jeff Bailet, M.D., Altais' president and chief executive officer. "Our focus is to restore the vibrancy of independent physician practices, so they can direct more of their focus on patient care." About AltaisAltais is a healthcare services company that helps physicians and the clinical community maximize the health and well-being of their patients in an affordable and sustainable way. Altais has two divisions. Altais Clinical Services offers a range of affiliation and employment models for physicians, and high-quality, affordable care for patients. Altais Health offers a broad platform of clinical support tools and technology, along with high-touch support. Altais seeks to enhance the vibrancy of physician practice and strengthen the heart of medicine physicians connecting with patients and providing personalized, high-quality care. For more information about Altais, please visit www.altais.com.About Brown & Toland PhysiciansBrown & Toland Physicians, a subsidiary of Altais Clinical Services, is a leading network of independent doctors focused on delivering personalized and high-quality healthcare to the San Francisco Bay Area. Its network of more than 2,700 physicians, serving more than 350,000 HMO and PPO patients, is dedicated to improving care and reducing costs through innovative care management and care coordination programs, use of healthcare technology and population health management strategies. Brown & Toland collaborates with leading hospitals and health plan providers to deliver high quality care in the Bay Area. To learn more, please visit: www.brownandtoland.com. Media Contact:David CumpstonLandis Communications Inc.[emailprotected](415) 902-4461www.landispr.comSOURCE Altais Related Links https://altais.com |
edtsum272 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CHICAGO, Aug. 14, 2020 /PRNewswire/ -- Kalderos, the country's first Drug Discount Manager, today announced it is now working with 3,000 340B covered entities through the Reviewtool in its Discount Monitoring solution, a revolutionary application that simplifies and streamlines collaboration on good faith inquiries for covered entities, ensuring compliance in the 340B Drug Pricing Program. The 3,000 participating covered entities span the range of providers, but include some of the largest Medicare Disproportionate Share Hospitals (DSH) in the nation. Kalderos' Drug Discount Management platform strengthens the integrity of the 340B Drug Pricing Program, making the process more transparent and making compliance seamless for healthcare providers, drug manufacturers, states and, ultimately, patients. "We are proud to reach this milestone and grateful to the 3,000 covered entities working with us to ensure the drug discount system works as intended. This level of partnership and engagement is a very public endorsement of our solution," said Micah Litow, president and COO, Kalderos. "Because of our offering, covered entities can now operate with confidence, manufacturers can verify their discount dollars are going to the right party, and, ultimately, all stakeholders can focus their time on improving the lives of patients." 340B covered entities, such as Federally Qualified Health Centers and Disproportionate Share Hospitals, provide care to vulnerable and underserved populations and are a vital component to the health and wellbeing of many Americans. The 340B Drug Pricing Program makes prescription drugs available at an affordable price, but requires careful and often challenging accounting and reporting to avoid duplicating discounts, which are often applied alongside the Medicaid Drug Rebate Program. Historically, compliance has been difficult, resource-intensive and inaccurate. "I imagine it is a combination of their background and their tech, but Kalderos is the only solution we've found that simplifies and streamlines our participation in 340B good faith inquiries," said Peter Tawfik, director of pharmacy, Omni Family Health. "I would like to thank Kalderos for helping us to refine our audits so that we may detect potential inaccurate claims and prevent duplicate discounts from occurring," said Greg Redding, pharmacy director, MHC Healthcare. Founded in 2016, Kalderos has built the only modern technology solution that leverages a robust rules engine and a collaborative marketplace to ensure compliance in the drug discount market. Combining industry expertise, artificial intelligence and comprehensive, deep-data libraries, Kalderos quickly identifies errors that have previously gone undetected, ensuring the right discount to the right party on the right transaction. About Kalderos Kalderos combines industry expertise, design thinking and technology to target waste and to improve efficiency as the category leader in healthcare network management. Its SaaS products, 340B Pay and Discount Monitoring solutions, form the world's first Drug Discount Management platform, which identifies, checks and resolves noncompliance. Using sophisticated models and machine learning processes, Kalderos detects inconsistencies overlooked by current methods, providing material benefits by eliminating waste. Based in Chicago, Kalderos was founded in 2016 by a team firmly rooted in the belief that it is essential to fix this problem in order to help patients and reduce inefficiencies. More information can be found atwww.kalderos.com. SOURCE Kalderos Related Links https://www.kalderos.com/
Answer: | Kalderos Now Working with 3,000 Covered Entities to Bring Transparency and Integrity to Prescription Drug Pricing Programs | CHICAGO, Aug. 14, 2020 /PRNewswire/ -- Kalderos, the country's first Drug Discount Manager, today announced it is now working with 3,000 340B covered entities through the Reviewtool in its Discount Monitoring solution, a revolutionary application that simplifies and streamlines collaboration on good faith inquiries for covered entities, ensuring compliance in the 340B Drug Pricing Program. The 3,000 participating covered entities span the range of providers, but include some of the largest Medicare Disproportionate Share Hospitals (DSH) in the nation. Kalderos' Drug Discount Management platform strengthens the integrity of the 340B Drug Pricing Program, making the process more transparent and making compliance seamless for healthcare providers, drug manufacturers, states and, ultimately, patients. "We are proud to reach this milestone and grateful to the 3,000 covered entities working with us to ensure the drug discount system works as intended. This level of partnership and engagement is a very public endorsement of our solution," said Micah Litow, president and COO, Kalderos. "Because of our offering, covered entities can now operate with confidence, manufacturers can verify their discount dollars are going to the right party, and, ultimately, all stakeholders can focus their time on improving the lives of patients." 340B covered entities, such as Federally Qualified Health Centers and Disproportionate Share Hospitals, provide care to vulnerable and underserved populations and are a vital component to the health and wellbeing of many Americans. The 340B Drug Pricing Program makes prescription drugs available at an affordable price, but requires careful and often challenging accounting and reporting to avoid duplicating discounts, which are often applied alongside the Medicaid Drug Rebate Program. Historically, compliance has been difficult, resource-intensive and inaccurate. "I imagine it is a combination of their background and their tech, but Kalderos is the only solution we've found that simplifies and streamlines our participation in 340B good faith inquiries," said Peter Tawfik, director of pharmacy, Omni Family Health. "I would like to thank Kalderos for helping us to refine our audits so that we may detect potential inaccurate claims and prevent duplicate discounts from occurring," said Greg Redding, pharmacy director, MHC Healthcare. Founded in 2016, Kalderos has built the only modern technology solution that leverages a robust rules engine and a collaborative marketplace to ensure compliance in the drug discount market. Combining industry expertise, artificial intelligence and comprehensive, deep-data libraries, Kalderos quickly identifies errors that have previously gone undetected, ensuring the right discount to the right party on the right transaction. About Kalderos Kalderos combines industry expertise, design thinking and technology to target waste and to improve efficiency as the category leader in healthcare network management. Its SaaS products, 340B Pay and Discount Monitoring solutions, form the world's first Drug Discount Management platform, which identifies, checks and resolves noncompliance. Using sophisticated models and machine learning processes, Kalderos detects inconsistencies overlooked by current methods, providing material benefits by eliminating waste. Based in Chicago, Kalderos was founded in 2016 by a team firmly rooted in the belief that it is essential to fix this problem in order to help patients and reduce inefficiencies. More information can be found atwww.kalderos.com. SOURCE Kalderos Related Links https://www.kalderos.com/ |
edtsum273 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TORONTO, March 30, 2020 /PRNewswire/ -Like so many others, I have been reflecting on what we have lived through for the past few weeks. We have been faced with dozens of challenges and decisions that we haven't had to deal with before in our lives or careers. And these are exactly the times when you have to turn to your values to guide you to do the right things. In early March, just as COVID-19 was beginning to escalate, we decided to postpone our two-day global senior leadership meeting until a later date. We still invited all our senior leaders together on video conference for just one hour to talk about the single most important agenda item that we felt couldn't wait the evolution of our six company values. Over the last 10 years, we have rapidly evolved as a company with the acquisition of the Burger King brand in 2010, Tim Hortons in 2014 and Popeyes in 2017. The leadership team we have today is an awesome mix of long-term and new leaders; a group of people with vastly different styles and approaches; but also, a group of people who have spent the last few years working very closely together to shape the company into what we are today. The evolution of our values couldn't have come at a better time in our company's history. These are just three of our values that I have personally relied on to guide the many decisions that we have taken in the past few weeks: A wide range of voices and perspectives make us stronger. This has proven to be invaluable as we have widened our circle of influencers and brought more diverse voices and perspectives to the table for every tough decision we have made. Find ways to do things differently to make them better. This crisis has forced all of us to be innovative and creative in solving problems quickly and rolling out solutions that make the current situation better for our guests, restaurant owners and team members. Be a hard-working, good person. The idea of being a good person has come up a lot. And when we have struggled with difficult decisions, in the end it has always come down to simply doing what you would expect a good person to do. We have been frequently communicating over the past few weeks with our guests, employees and restaurant owners and we also wanted to provide an update to our investors, suppliers and other valued partners on all of our ongoing efforts to help confront this crisis and make the best long-term decisions for our business. The typical format to do this would be a 'press release,' but given the extraordinary circumstances, it felt more fitting to share with you our thoughts as a company in an open letter. Our goal is to provide a direct and candid perspective on how we have organized ourselves and our resources to work through this greatest of challenges. I want to start by emphasizing how exceptionally proud I am of all our teams that have been working around the clock to support our guests, our restaurant owners and our team members. While the entire world is reeling from this unprecedented crisis, you should know that we are well-positioned to weather this storm, continue supporting our thousands of restaurant owners around the world and be there for our guests as they need us. Across all three of our iconic restaurant brands, Burger King, Tim Hortons and Popeyes, we have focused on the same five priorities during this crisis: Supporting the health and well-being of hundreds of thousands of team members around the world Enhancing restaurant hygiene and safety procedures Continuing to serve our guests around the world safely and where it makes sense Supporting our restaurant owners around the world Giving back to the communities where we all live and work Additionally, we are maintaining a strong balance sheet and thoughtfully managing our company's liquidity so we can exit this crisis well-positioned to continue our journey of global growth with our dedicated partners around the world. Allow me to share just some of the work our teams have been doing in each of these areas: Supporting Restaurant Team Members We are deeply committed to supporting our team members around the world and care greatly about their health and well-being. Each day we strive to make a difference, both through the actions we take directly with our corporate employees in our offices and restaurants, as well as through our initiatives to support all of the team members who work for our thousands of restaurant owners around the world. At Tim Hortonsin Canada, we have partnered with our restaurant owners across the country to establish a $40M CAD employee support fund to continue paying team members affected by COVID-19 for up to 14 days so that they can stay home without worrying about providing for themselves or their families. Similarly, at Burger King and Popeyes in North America, we are providing paid sick leave for up to 14 days to team members in corporate-owned restaurants who have been diagnosed with COVID-19 or have been asked by the restaurant manager or a medical professional to self-isolate. We have also encouraged our restaurant owners to use this difficult time to invest in their team members for the long term and have been heartened to see so many do so. In addition, we are paying a special bonus in April to all corporate restaurant team members in North America across our three brands to recognize their tremendous service to our guests and communities during this difficult time. We are not stopping there, however. Since this crisis began, we have been working tirelessly with industry associations and federal and regional government officials in the United States and Canada to advocate for expanded support for all employees affected by the COVID-19 crisis. Enhanced Hygiene and Restaurant Safety We have deployed stringent cleaning and hygiene standards at all restaurants and have continuously enhanced them so that our restaurants are some of the safest places for guests to get food during this crisis. Some of the measures we have taken include sanitizing all high contact surfaces with increased frequency and making hand sanitizer available for team members and guests. We have also implemented comprehensive social distancing procedures for team members and are in the process of deploying 15,000 infrared thermometers to all Burger King, Tim Hortons and Popeyes restaurants to confirm that team members are healthy as they arrive for shifts. We have benefitted from the trusted, global expertise of our in-house Quality Assurance team, which has always provided exceptional oversight and guidance across all of our procedures as we undertake to be best-in-class in our industry on health and safety. This has never been more critical than over these past few weeks and I wanted to call out their incredible contributions. Continuing to Serve Our Guests Around the World In addition to the work we are doing to ensure the health, safety and well-being of our teams and guests in our restaurants, we are also working closely with government officials to keep our restaurants open. Given the unique format of quick-service restaurants and the low-touch options offered through our drive-thrus, delivery and mobile order & pay/pickup capabilities, we believe we can play a vital role in feeding Americans and Canadians and millions of others around the world as we practice 'social distancing' in an effort to 'flatten the curve.' We have expanded the availability of home delivery across all three of our restaurant brands, including through our own internal delivery channels on the Burger King and Popeyes apps in the US. In the coming weeks, we will also be rapidly scaling our delivery coverage in Canada for Tim Hortons restaurants through our partners. At Tim Hortonswe are also introducing enhanced 'mobile pick up' functionality on our app, and along with Popeyes and Burger King, we will soon launch safe operational procedures for 'curbside takeout' or 'front door takeout.' With this new feature, team members will walk orders out to guests who can't access our drive-thrus, including truck drivers and guests arriving on foot. In support of these initiatives, our in-house digital team has done great work to rapidly expand and enhance our online ordering platforms for all three brands. At the same time, our marketing teams have quickly pivoted to redirect our substantial marketing efforts to focus on the importance and safety of our mobile app, delivery and drive-thru channels, in addition to other major health and safety measures like contactless payments. Supporting Restaurant Owners We are one of the largest franchisors of restaurant brands in the world and we take our responsibility to ensure the financial health of our restaurant owners very seriously, particularly during difficult times. We are working closely with all our restaurant owners around the world to make sure they have access to appropriate sources of liquidity in order to sustain their businesses throughout this crisis. In many markets around the world, including North America, we are advancing cash payments and rebates to restaurant owners so that they have this much needed cash when they need it the mostright now. In North America, this represents approximately $70M USD of available cash advances. We are continuing to look for other payments due to restaurant owners later in the year that can be advanced now. These initiatives have allowed us to unlock thousands of dollars of immediate liquidity per eligible restaurant. For approximately 3,700 eligible locations where we have property control at Tim Hortons in Canada and Burger King in the US and Canada, we have temporarily converted our rent structure from a combination of fixed plus variable rent to 100% variable rent, which provides relief in the face of declining sales. In addition, we have deferred rent payments for up to 45 days to provide tens of millions of dollars in much-needed working capital to our systems. We are also contacting all of our landlords in North America to seek further assistance that will be passed along to our restaurant owners as we receive it. Alongside these initiatives, we know that capital expenditures for new restaurants, remodels and significant equipment deployments often constitute the largest near-term cash outlay for our restaurant owners. Therefore, we are pausing obligations for all of these programs until we have greater visibility into the severity and duration of this crisis, which will create significant relief on our restaurant owners' cash flow. In an effort to provide additional support and drive further liquidity initiatives, we have established Restaurant Owner Liquidity Support Teams across all three of our brands to work one-on-one with restaurant owners and provide guidance on all the items covered above, as well as how to engage with lenders to adjust debt service schedules. We have also established teams to expedite access to recently announced emergency stimulus programs in the US and Canada, which we believe will provide significant support to our restaurant owners, the small business owners that have helped build the great brands that we own. Supporting our Communities Our network of franchised restaurants is unique in that it is operated by small and independent business owners around the world who are deeply involved in their communities. We and our restaurant owners are stepping up to support those communities through each of our brands during this crisis. Burger Kingin the United States is offering two free King Jr. kids' meals with the purchase of any adult meal through our app. Many guests are struggling especially those who rely on meals for their children through schools that are currently closed and we have already donated more than 500,000 meals in the first week of this program to address this critical issue. Details of this terrific work can be found here: Burger King Tim Hortonshas deployed coffee trucks throughout Canada to offer free coffee and donuts to health care workers and first responders at hospitals, health care centers and COVID-19 test facilities. Dozens of Tim Hortons restaurant owners have stepped up to do the same in their communities. You can see their amazing efforts here: Tim Hortons Guests ordering delivery through the Popeyes mobile app can access offers for free delivery and now have the ability to donate $1 to No Kid Hungry, a charitable organization committed to ending child hunger in America. Donations will be matched by Popeyes for a limited time. More details can be found here: Popeyes Globally, Burger Kinghas our largest footprint with over 18,000 restaurants in more than 100 countries and U.S. territories and we are all very proud of the community contributions that our restaurant owners have made around the world. In China, Burger King donated $1M RMB to the Red Cross to support frontline medical staff and has been providing free meal delivery to hospitals and to on-duty police officers. In Italy, one of the hardest-hit regions in the world, Burger King has donated 8 tons of food to the Red Cross and donated meals to local hospitals. Burger King restaurants in Spain, Germany, the UK, Sweden, the UAE, Qatar, Lebanon, Turkey, Iraq, Poland, the Czech Republic, Australia and Malaysia have all established programs to support and help local health professionals. Strong Business Fundamentals I want to wrap up with a few comments on the strength of our business fundamentals and illustrate why we believe we are particularly well-positioned to weather this crisis and come out on the other side even stronger as a company. The QSR industry continues to serve hundreds of millions of people around the world. Across our three brands, we are offering high quality food that is reliably secure from a health standpoint and provides great everyday value to our guests. Our value proposition is clear to our guests in normal times and we believe it is especially compelling during more challenging circumstances like the ones we currently face. On top of that, our business model has allowed us to maintain a strong balance sheet and we ended 2019 with ~$1.5 billion in cash. We have further fortified our balance sheet position by proactively drawing down our full $1 billion revolving credit facility out of an abundance of caution. As a result, we now have approximately $2.5 billion of cash on hand. This has provided us the flexibility to confidently support our restaurant owners and employees throughout this uncertain time and maintain our focus on supporting our brands for the long term by making the right decisions today. We have also demonstrated industry leadership during this crisis in support of our restaurant owners. We have provided support that we believe puts us in the highest rank of our franchisor peer set and we will continue to assist our restaurant owners for as long as this crisis endures. The ways in which we have supported our owners by adjusting rents where we have property control; by advancing cash payments where possible; by modifying operating hours where it makes sense are all designed to provide flexibility to our restaurant owners within the parameters of our business model. Before I wrap things up, I feel compelled to say that I am incredibly proud of how everyone in the extended RBI family has pulled together during these very difficult times. I have great faith and more confidence than ever in all our teams and the steps we are taking to come out of this crisis even stronger than before. And finally, I am thankful that we are guided by such a thoughtful leadership team and business partners who have proven to be the very best of hard working, good people in all of their advice and decision making. There is undoubtedly more uncertainty and tough decisions ahead of us. And we will tackle them as a team, with a wide range of voices and perspectives that will make us stronger. With all my best wishes and thanks, Jose Cil SOURCE Restaurant Brands International Inc.
Answer: | An Open Letter from the CEO of Restaurant Brands International | TORONTO, March 30, 2020 /PRNewswire/ -Like so many others, I have been reflecting on what we have lived through for the past few weeks. We have been faced with dozens of challenges and decisions that we haven't had to deal with before in our lives or careers. And these are exactly the times when you have to turn to your values to guide you to do the right things. In early March, just as COVID-19 was beginning to escalate, we decided to postpone our two-day global senior leadership meeting until a later date. We still invited all our senior leaders together on video conference for just one hour to talk about the single most important agenda item that we felt couldn't wait the evolution of our six company values. Over the last 10 years, we have rapidly evolved as a company with the acquisition of the Burger King brand in 2010, Tim Hortons in 2014 and Popeyes in 2017. The leadership team we have today is an awesome mix of long-term and new leaders; a group of people with vastly different styles and approaches; but also, a group of people who have spent the last few years working very closely together to shape the company into what we are today. The evolution of our values couldn't have come at a better time in our company's history. These are just three of our values that I have personally relied on to guide the many decisions that we have taken in the past few weeks: A wide range of voices and perspectives make us stronger. This has proven to be invaluable as we have widened our circle of influencers and brought more diverse voices and perspectives to the table for every tough decision we have made. Find ways to do things differently to make them better. This crisis has forced all of us to be innovative and creative in solving problems quickly and rolling out solutions that make the current situation better for our guests, restaurant owners and team members. Be a hard-working, good person. The idea of being a good person has come up a lot. And when we have struggled with difficult decisions, in the end it has always come down to simply doing what you would expect a good person to do. We have been frequently communicating over the past few weeks with our guests, employees and restaurant owners and we also wanted to provide an update to our investors, suppliers and other valued partners on all of our ongoing efforts to help confront this crisis and make the best long-term decisions for our business. The typical format to do this would be a 'press release,' but given the extraordinary circumstances, it felt more fitting to share with you our thoughts as a company in an open letter. Our goal is to provide a direct and candid perspective on how we have organized ourselves and our resources to work through this greatest of challenges. I want to start by emphasizing how exceptionally proud I am of all our teams that have been working around the clock to support our guests, our restaurant owners and our team members. While the entire world is reeling from this unprecedented crisis, you should know that we are well-positioned to weather this storm, continue supporting our thousands of restaurant owners around the world and be there for our guests as they need us. Across all three of our iconic restaurant brands, Burger King, Tim Hortons and Popeyes, we have focused on the same five priorities during this crisis: Supporting the health and well-being of hundreds of thousands of team members around the world Enhancing restaurant hygiene and safety procedures Continuing to serve our guests around the world safely and where it makes sense Supporting our restaurant owners around the world Giving back to the communities where we all live and work Additionally, we are maintaining a strong balance sheet and thoughtfully managing our company's liquidity so we can exit this crisis well-positioned to continue our journey of global growth with our dedicated partners around the world. Allow me to share just some of the work our teams have been doing in each of these areas: Supporting Restaurant Team Members We are deeply committed to supporting our team members around the world and care greatly about their health and well-being. Each day we strive to make a difference, both through the actions we take directly with our corporate employees in our offices and restaurants, as well as through our initiatives to support all of the team members who work for our thousands of restaurant owners around the world. At Tim Hortonsin Canada, we have partnered with our restaurant owners across the country to establish a $40M CAD employee support fund to continue paying team members affected by COVID-19 for up to 14 days so that they can stay home without worrying about providing for themselves or their families. Similarly, at Burger King and Popeyes in North America, we are providing paid sick leave for up to 14 days to team members in corporate-owned restaurants who have been diagnosed with COVID-19 or have been asked by the restaurant manager or a medical professional to self-isolate. We have also encouraged our restaurant owners to use this difficult time to invest in their team members for the long term and have been heartened to see so many do so. In addition, we are paying a special bonus in April to all corporate restaurant team members in North America across our three brands to recognize their tremendous service to our guests and communities during this difficult time. We are not stopping there, however. Since this crisis began, we have been working tirelessly with industry associations and federal and regional government officials in the United States and Canada to advocate for expanded support for all employees affected by the COVID-19 crisis. Enhanced Hygiene and Restaurant Safety We have deployed stringent cleaning and hygiene standards at all restaurants and have continuously enhanced them so that our restaurants are some of the safest places for guests to get food during this crisis. Some of the measures we have taken include sanitizing all high contact surfaces with increased frequency and making hand sanitizer available for team members and guests. We have also implemented comprehensive social distancing procedures for team members and are in the process of deploying 15,000 infrared thermometers to all Burger King, Tim Hortons and Popeyes restaurants to confirm that team members are healthy as they arrive for shifts. We have benefitted from the trusted, global expertise of our in-house Quality Assurance team, which has always provided exceptional oversight and guidance across all of our procedures as we undertake to be best-in-class in our industry on health and safety. This has never been more critical than over these past few weeks and I wanted to call out their incredible contributions. Continuing to Serve Our Guests Around the World In addition to the work we are doing to ensure the health, safety and well-being of our teams and guests in our restaurants, we are also working closely with government officials to keep our restaurants open. Given the unique format of quick-service restaurants and the low-touch options offered through our drive-thrus, delivery and mobile order & pay/pickup capabilities, we believe we can play a vital role in feeding Americans and Canadians and millions of others around the world as we practice 'social distancing' in an effort to 'flatten the curve.' We have expanded the availability of home delivery across all three of our restaurant brands, including through our own internal delivery channels on the Burger King and Popeyes apps in the US. In the coming weeks, we will also be rapidly scaling our delivery coverage in Canada for Tim Hortons restaurants through our partners. At Tim Hortonswe are also introducing enhanced 'mobile pick up' functionality on our app, and along with Popeyes and Burger King, we will soon launch safe operational procedures for 'curbside takeout' or 'front door takeout.' With this new feature, team members will walk orders out to guests who can't access our drive-thrus, including truck drivers and guests arriving on foot. In support of these initiatives, our in-house digital team has done great work to rapidly expand and enhance our online ordering platforms for all three brands. At the same time, our marketing teams have quickly pivoted to redirect our substantial marketing efforts to focus on the importance and safety of our mobile app, delivery and drive-thru channels, in addition to other major health and safety measures like contactless payments. Supporting Restaurant Owners We are one of the largest franchisors of restaurant brands in the world and we take our responsibility to ensure the financial health of our restaurant owners very seriously, particularly during difficult times. We are working closely with all our restaurant owners around the world to make sure they have access to appropriate sources of liquidity in order to sustain their businesses throughout this crisis. In many markets around the world, including North America, we are advancing cash payments and rebates to restaurant owners so that they have this much needed cash when they need it the mostright now. In North America, this represents approximately $70M USD of available cash advances. We are continuing to look for other payments due to restaurant owners later in the year that can be advanced now. These initiatives have allowed us to unlock thousands of dollars of immediate liquidity per eligible restaurant. For approximately 3,700 eligible locations where we have property control at Tim Hortons in Canada and Burger King in the US and Canada, we have temporarily converted our rent structure from a combination of fixed plus variable rent to 100% variable rent, which provides relief in the face of declining sales. In addition, we have deferred rent payments for up to 45 days to provide tens of millions of dollars in much-needed working capital to our systems. We are also contacting all of our landlords in North America to seek further assistance that will be passed along to our restaurant owners as we receive it. Alongside these initiatives, we know that capital expenditures for new restaurants, remodels and significant equipment deployments often constitute the largest near-term cash outlay for our restaurant owners. Therefore, we are pausing obligations for all of these programs until we have greater visibility into the severity and duration of this crisis, which will create significant relief on our restaurant owners' cash flow. In an effort to provide additional support and drive further liquidity initiatives, we have established Restaurant Owner Liquidity Support Teams across all three of our brands to work one-on-one with restaurant owners and provide guidance on all the items covered above, as well as how to engage with lenders to adjust debt service schedules. We have also established teams to expedite access to recently announced emergency stimulus programs in the US and Canada, which we believe will provide significant support to our restaurant owners, the small business owners that have helped build the great brands that we own. Supporting our Communities Our network of franchised restaurants is unique in that it is operated by small and independent business owners around the world who are deeply involved in their communities. We and our restaurant owners are stepping up to support those communities through each of our brands during this crisis. Burger Kingin the United States is offering two free King Jr. kids' meals with the purchase of any adult meal through our app. Many guests are struggling especially those who rely on meals for their children through schools that are currently closed and we have already donated more than 500,000 meals in the first week of this program to address this critical issue. Details of this terrific work can be found here: Burger King Tim Hortonshas deployed coffee trucks throughout Canada to offer free coffee and donuts to health care workers and first responders at hospitals, health care centers and COVID-19 test facilities. Dozens of Tim Hortons restaurant owners have stepped up to do the same in their communities. You can see their amazing efforts here: Tim Hortons Guests ordering delivery through the Popeyes mobile app can access offers for free delivery and now have the ability to donate $1 to No Kid Hungry, a charitable organization committed to ending child hunger in America. Donations will be matched by Popeyes for a limited time. More details can be found here: Popeyes Globally, Burger Kinghas our largest footprint with over 18,000 restaurants in more than 100 countries and U.S. territories and we are all very proud of the community contributions that our restaurant owners have made around the world. In China, Burger King donated $1M RMB to the Red Cross to support frontline medical staff and has been providing free meal delivery to hospitals and to on-duty police officers. In Italy, one of the hardest-hit regions in the world, Burger King has donated 8 tons of food to the Red Cross and donated meals to local hospitals. Burger King restaurants in Spain, Germany, the UK, Sweden, the UAE, Qatar, Lebanon, Turkey, Iraq, Poland, the Czech Republic, Australia and Malaysia have all established programs to support and help local health professionals. Strong Business Fundamentals I want to wrap up with a few comments on the strength of our business fundamentals and illustrate why we believe we are particularly well-positioned to weather this crisis and come out on the other side even stronger as a company. The QSR industry continues to serve hundreds of millions of people around the world. Across our three brands, we are offering high quality food that is reliably secure from a health standpoint and provides great everyday value to our guests. Our value proposition is clear to our guests in normal times and we believe it is especially compelling during more challenging circumstances like the ones we currently face. On top of that, our business model has allowed us to maintain a strong balance sheet and we ended 2019 with ~$1.5 billion in cash. We have further fortified our balance sheet position by proactively drawing down our full $1 billion revolving credit facility out of an abundance of caution. As a result, we now have approximately $2.5 billion of cash on hand. This has provided us the flexibility to confidently support our restaurant owners and employees throughout this uncertain time and maintain our focus on supporting our brands for the long term by making the right decisions today. We have also demonstrated industry leadership during this crisis in support of our restaurant owners. We have provided support that we believe puts us in the highest rank of our franchisor peer set and we will continue to assist our restaurant owners for as long as this crisis endures. The ways in which we have supported our owners by adjusting rents where we have property control; by advancing cash payments where possible; by modifying operating hours where it makes sense are all designed to provide flexibility to our restaurant owners within the parameters of our business model. Before I wrap things up, I feel compelled to say that I am incredibly proud of how everyone in the extended RBI family has pulled together during these very difficult times. I have great faith and more confidence than ever in all our teams and the steps we are taking to come out of this crisis even stronger than before. And finally, I am thankful that we are guided by such a thoughtful leadership team and business partners who have proven to be the very best of hard working, good people in all of their advice and decision making. There is undoubtedly more uncertainty and tough decisions ahead of us. And we will tackle them as a team, with a wide range of voices and perspectives that will make us stronger. With all my best wishes and thanks, Jose Cil SOURCE Restaurant Brands International Inc. |
edtsum274 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DALLAS, Oct. 6, 2020 /PRNewswire/ --MoneyGram International (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a three-year extension to its relationship with Walmart, the world's largest retailer, through March 2024. MoneyGram's services at Walmart, including Walmart2World, the MoneyGram powered white label money transfer service, are available in over 4,700 Walmart locations in the United States and Puerto Rico, as well as through the co-branded digital platform walmart.moneygram.com. "We are extremely excited to extend our relationship with Walmart for three additional years. This longer-term extension is a testament to our strong alignment on customer-centric strategies as well as continued preference for the MoneyGram brand at the point-of-sale," said Alex Holmes, MoneyGram Chairman and CEO. For over two decades, MoneyGram and Walmart have delivered innovative and affordable money transfer services to meet the evolving needs of their combined customer base through both digital and walk-in channels. In this extended term, MoneyGram and Walmart will continue focusing on customer experience initiatives as well as offering customers a variety of enhanced options for their family and friends to receive money from the comfort of their own homes. Customers increasingly seek options to send directly to bank accounts and mobile wallets abroad, and MoneyGram has rapidly expanded these capabilities to now provide customers with digital connections to over 75 countries. About MoneyGram International, Inc.MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 75 countries now digitally enabled. MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world's leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business. With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, MoneyGram is leading the evolution of digital P2P payments. For more information, please visit moneygram.com and follow @MoneyGram. MoneyGram Media Contact:Stephen Reiff[emailprotected] SOURCE MoneyGram Related Links http://moneygram.com
Answer: | MoneyGram Announces Three-Year Extension to Walmart Relationship USA - English USA - espaol The agreement continues MoneyGram services at over 4,700 Walmart locations and through the co-branded digital platform, walmart.moneygram.com | DALLAS, Oct. 6, 2020 /PRNewswire/ --MoneyGram International (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a three-year extension to its relationship with Walmart, the world's largest retailer, through March 2024. MoneyGram's services at Walmart, including Walmart2World, the MoneyGram powered white label money transfer service, are available in over 4,700 Walmart locations in the United States and Puerto Rico, as well as through the co-branded digital platform walmart.moneygram.com. "We are extremely excited to extend our relationship with Walmart for three additional years. This longer-term extension is a testament to our strong alignment on customer-centric strategies as well as continued preference for the MoneyGram brand at the point-of-sale," said Alex Holmes, MoneyGram Chairman and CEO. For over two decades, MoneyGram and Walmart have delivered innovative and affordable money transfer services to meet the evolving needs of their combined customer base through both digital and walk-in channels. In this extended term, MoneyGram and Walmart will continue focusing on customer experience initiatives as well as offering customers a variety of enhanced options for their family and friends to receive money from the comfort of their own homes. Customers increasingly seek options to send directly to bank accounts and mobile wallets abroad, and MoneyGram has rapidly expanded these capabilities to now provide customers with digital connections to over 75 countries. About MoneyGram International, Inc.MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 75 countries now digitally enabled. MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world's leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business. With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, MoneyGram is leading the evolution of digital P2P payments. For more information, please visit moneygram.com and follow @MoneyGram. MoneyGram Media Contact:Stephen Reiff[emailprotected] SOURCE MoneyGram Related Links http://moneygram.com |
edtsum275 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PHILADELPHIA--(BUSINESS WIRE)--Today, the following three municipal income funds, all closed-end management investment companies, declare their monthly income dividends: Delaware Investments Colorado Municipal Income Fund, Inc.; Delaware Investments National Municipal Income Fund; and Delaware Investments Minnesota Municipal Income Fund II, Inc. (together, the Funds). In addition, Delaware Investments Colorado Municipal Income Fund, Inc. and Delaware Investments National Municipal Income Fund declare capital gains distributions. The investment objective of Delaware Investments Colorado Municipal Income Fund, Inc. and Delaware Investments Minnesota Municipal Income Fund II, Inc. is to provide current income exempt from federal income tax and from the personal income tax of its state, if any, consistent with the preservation of capital. The investment objective of Delaware Investments National Municipal Income Fund is to provide current income exempt from regular federal income tax consistent with the preservation of capital. In addition, each Fund has the ability to use leveraging techniques in an attempt to obtain a higher return for the Fund. Currently, each Fund has outstanding a series of variable-rate preferred shares as leverage. The following dates apply to the above dividend announcement: Declaration date: 12/01/2020 Ex-date: 12/17/2020 Record date: 12/18/2020 Payable date: 12/28/2020 The dividend distributions are as follows: FUND Dividends and capital gains per share Delaware Investments Colorado Municipal Income Fund, Inc. (VCF) $0.0400 Delaware Investments Colorado Municipal Income Fund, Inc (VCF)1 (Capital gains long term) $0.0590 Delaware Investments National Municipal Income Fund (VFL) $0.0425 Delaware Investments National Municipal Income Fund (VFL)1 (Capital gains long term) $0.0590 Delaware Investments Minnesota Municipal Income Fund II, Inc. (VMM) $0.0325 (1) The capital gain is subject to federal tax and may be subject to state income tax. About Macquarie Investment Management Macquarie Investment Management, a member of Macquarie Group, includes the former Delaware Investments and is a global asset manager with offices throughout the United States, Europe, Asia, and Australia. As active managers, we prioritize autonomy and accountability at the team level in pursuit of opportunities that matter for clients. Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services. Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. For more information about Delaware Funds by Macquarie, visit delawarefunds.com or call 800 523-1918. Other than Macquarie Bank Limited (MBL), none of the entities referred to in this document are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL, a subsidiary of Macquarie Group Limited and an affiliate of Macquarie Investment Management. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise. 2020 Macquarie Management Holdings, Inc.
Answer: | Delaware Funds by Macquarie Municipal Income Funds Announce Dividends and Capital Gains Distributions | PHILADELPHIA--(BUSINESS WIRE)--Today, the following three municipal income funds, all closed-end management investment companies, declare their monthly income dividends: Delaware Investments Colorado Municipal Income Fund, Inc.; Delaware Investments National Municipal Income Fund; and Delaware Investments Minnesota Municipal Income Fund II, Inc. (together, the Funds). In addition, Delaware Investments Colorado Municipal Income Fund, Inc. and Delaware Investments National Municipal Income Fund declare capital gains distributions. The investment objective of Delaware Investments Colorado Municipal Income Fund, Inc. and Delaware Investments Minnesota Municipal Income Fund II, Inc. is to provide current income exempt from federal income tax and from the personal income tax of its state, if any, consistent with the preservation of capital. The investment objective of Delaware Investments National Municipal Income Fund is to provide current income exempt from regular federal income tax consistent with the preservation of capital. In addition, each Fund has the ability to use leveraging techniques in an attempt to obtain a higher return for the Fund. Currently, each Fund has outstanding a series of variable-rate preferred shares as leverage. The following dates apply to the above dividend announcement: Declaration date: 12/01/2020 Ex-date: 12/17/2020 Record date: 12/18/2020 Payable date: 12/28/2020 The dividend distributions are as follows: FUND Dividends and capital gains per share Delaware Investments Colorado Municipal Income Fund, Inc. (VCF) $0.0400 Delaware Investments Colorado Municipal Income Fund, Inc (VCF)1 (Capital gains long term) $0.0590 Delaware Investments National Municipal Income Fund (VFL) $0.0425 Delaware Investments National Municipal Income Fund (VFL)1 (Capital gains long term) $0.0590 Delaware Investments Minnesota Municipal Income Fund II, Inc. (VMM) $0.0325 (1) The capital gain is subject to federal tax and may be subject to state income tax. About Macquarie Investment Management Macquarie Investment Management, a member of Macquarie Group, includes the former Delaware Investments and is a global asset manager with offices throughout the United States, Europe, Asia, and Australia. As active managers, we prioritize autonomy and accountability at the team level in pursuit of opportunities that matter for clients. Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services. Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. For more information about Delaware Funds by Macquarie, visit delawarefunds.com or call 800 523-1918. Other than Macquarie Bank Limited (MBL), none of the entities referred to in this document are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL, a subsidiary of Macquarie Group Limited and an affiliate of Macquarie Investment Management. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise. 2020 Macquarie Management Holdings, Inc. |
edtsum276 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOUISVILLE, Ky., April 24, 2020 /PRNewswire/ --Prodigy teen singer and songwriter Will Muse has co-written yet another song with an inspirational message that is not only timely, but very much needed as the world combats the COVID-19 pandemic. Aptly named "World In The Way," it's the first duet the bertalentedteen sang alongside Nashville-based singer Steevie Steeves from indie-folk trio Towne. The provocative canticle once again showcases Muse's smooth vocals, raw emotion and the ability to pull his listeners in. He has a natural ability to transform his song's message into a well-received calling for all people to follow, especially during times of need. Continue Reading Will Muse: "World In The Way" Will Muse "The production of 'World in the Way' has been one of my favorite creative projects to date," Muse said with excitement! "While recording this duet and making the video, I was blessed to be joined by the very talented Steevie Steeves from the Nashville-based band Towne. I've always been a huge fan of her amazing vocal abilities. Right now, I feel as if this song is appropriate due to all of the events impacting our world. The song is meant to give the listener a sense of hope and perseverance. Don't let the world get in the way of love and humanity." "World In The Way" is available everywhere today digitally atlnkfi.re/worldintheway, along with the song's video shot at Latitude South Studio in Leipers Fork, Tennessee available for viewing at WillMuseMusic.com and his YouTube page. Single Name: World In The WayRelease date:April 24, 2020Label / Distribution:Will Muse Music / DistrokidISRC: QZDA82000872Produced by:Britton Cameron Buy/Stream/Listenatlnkfi.re/worldinthewayVideo: youtu.be/1yH_lEuriKoWill Muse to be featured on Romeo Entertainment Group's 'Couch Concert Series'The first Saturday in May - an unofficial holiday in the Bluegrass State - was originally slated to be the 146th running of the Kentucky Derby, pre-pandemic. Muse, a proud Kentuckian, nevertheless will celebrate by way of a livestream concert for Romeo Entertainment Group's 'Couch Concert Series' on Saturday, May 2 at 4pm ET/3pm CT. The show will be streamed LIVE at Romeo Entertainment Group's Instagram page (Instagram.com/romeoentgroup), with a recap of the live performance posted to their Facebook page (Facebook.com/RomeoEntGroup) immediately after the initial live stream.Romeo Entertainment Group, one of America's largest independent buyers of entertainment, began presenting the 'Couch Concert Series' on Wednesday, March 18th in an effort to keep the music playing and to entertain those at home during times of social distancing. Will Muse Media/PR/Booking Contact:Jason Ashcraft, [emailprotected], (502) 994-2523SOURCE Will Muse Related Links https://www.willmusemusic.com
Answer: | Prodigy Teen Musician Will Muse Premieres Timely Duet, "World In The Way" Featuring Steevie Steeves | LOUISVILLE, Ky., April 24, 2020 /PRNewswire/ --Prodigy teen singer and songwriter Will Muse has co-written yet another song with an inspirational message that is not only timely, but very much needed as the world combats the COVID-19 pandemic. Aptly named "World In The Way," it's the first duet the bertalentedteen sang alongside Nashville-based singer Steevie Steeves from indie-folk trio Towne. The provocative canticle once again showcases Muse's smooth vocals, raw emotion and the ability to pull his listeners in. He has a natural ability to transform his song's message into a well-received calling for all people to follow, especially during times of need. Continue Reading Will Muse: "World In The Way" Will Muse "The production of 'World in the Way' has been one of my favorite creative projects to date," Muse said with excitement! "While recording this duet and making the video, I was blessed to be joined by the very talented Steevie Steeves from the Nashville-based band Towne. I've always been a huge fan of her amazing vocal abilities. Right now, I feel as if this song is appropriate due to all of the events impacting our world. The song is meant to give the listener a sense of hope and perseverance. Don't let the world get in the way of love and humanity." "World In The Way" is available everywhere today digitally atlnkfi.re/worldintheway, along with the song's video shot at Latitude South Studio in Leipers Fork, Tennessee available for viewing at WillMuseMusic.com and his YouTube page. Single Name: World In The WayRelease date:April 24, 2020Label / Distribution:Will Muse Music / DistrokidISRC: QZDA82000872Produced by:Britton Cameron Buy/Stream/Listenatlnkfi.re/worldinthewayVideo: youtu.be/1yH_lEuriKoWill Muse to be featured on Romeo Entertainment Group's 'Couch Concert Series'The first Saturday in May - an unofficial holiday in the Bluegrass State - was originally slated to be the 146th running of the Kentucky Derby, pre-pandemic. Muse, a proud Kentuckian, nevertheless will celebrate by way of a livestream concert for Romeo Entertainment Group's 'Couch Concert Series' on Saturday, May 2 at 4pm ET/3pm CT. The show will be streamed LIVE at Romeo Entertainment Group's Instagram page (Instagram.com/romeoentgroup), with a recap of the live performance posted to their Facebook page (Facebook.com/RomeoEntGroup) immediately after the initial live stream.Romeo Entertainment Group, one of America's largest independent buyers of entertainment, began presenting the 'Couch Concert Series' on Wednesday, March 18th in an effort to keep the music playing and to entertain those at home during times of social distancing. Will Muse Media/PR/Booking Contact:Jason Ashcraft, [emailprotected], (502) 994-2523SOURCE Will Muse Related Links https://www.willmusemusic.com |
edtsum277 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MOUNTAIN VIEW, Calif., March 9, 2021 /PRNewswire/ --Cognitive Automation company Aera Technologytoday announced the appointment of Pascal Bornetas Chief Data Officer. He brings twodecades of experience and thought leadership in the field of enterprise automation and artificial intelligence (AI). Bornetwill helpAera's global customers maximize the benefits from Aera's cloud-based Cognitive Operating System. "We are delighted to have Pascal join our team. Aera's Cognitive Operating System enables global organizationsto leverage AI and automationto bring business agility to a whole new level," said Frederic Laluyaux, CEO of Aera Technology. "Pascal's experience and thought leadership on the topic aligns perfectlywith Aera's vision of a more sustainable and efficient world enabled by Cognitive Automation." Bornet is a global expert in Intelligent and Cognitive Automation. For more than 20 years, he has beensupporting corporate clients in their successful journeys to digital, automation, and AI.Prior to joining Aera, he founded and led the AI and Automationpractices for McKinsey & Company and EY, where he drove the transformation of global enterprises across industries. Additionally, Bornet is the lead author of the bestsellingbook, "Intelligent Automation: Harnessing AI to Boost Business and Make Our World More Human," widely considered as the first reference onIntelligent Automation. "Aera Technology isbuilt on innovation designed to help global enterprises to augment and automate business-critical decisions," said Shariq Mansoor, Founder and Chief Technology Officer of Aera Technology. "With Pascal on boardas the Chief Data Officer, we willaccelerate the value that Aera provides." "I am excited to join the Aera Technology team," said Pascal Bornet. "I believe in the combination of AI and Automation technologies to automate the most complex business use cases. This crossroad of domains perfectly describesAera's unique position in the market. It is about leveraging data, machine learning and process automation to generate the highest value for companies." About Aera TechnologyAera Technology is the Cognitive Automation company that makes business agility happen. We deliver the first scalable digital platform that integrates with your existing systems to make and execute business decisions in real time. In the era of digital acceleration, Aera helps enterprises around the world transform how they respond to the ever-changing environment. For more information, visitaeratechnology.com. SOURCE Aera Technology Related Links www.aeratechnology.com
Answer: | Aera Technology Appoints Pascal Bornet as Chief Data Officer | MOUNTAIN VIEW, Calif., March 9, 2021 /PRNewswire/ --Cognitive Automation company Aera Technologytoday announced the appointment of Pascal Bornetas Chief Data Officer. He brings twodecades of experience and thought leadership in the field of enterprise automation and artificial intelligence (AI). Bornetwill helpAera's global customers maximize the benefits from Aera's cloud-based Cognitive Operating System. "We are delighted to have Pascal join our team. Aera's Cognitive Operating System enables global organizationsto leverage AI and automationto bring business agility to a whole new level," said Frederic Laluyaux, CEO of Aera Technology. "Pascal's experience and thought leadership on the topic aligns perfectlywith Aera's vision of a more sustainable and efficient world enabled by Cognitive Automation." Bornet is a global expert in Intelligent and Cognitive Automation. For more than 20 years, he has beensupporting corporate clients in their successful journeys to digital, automation, and AI.Prior to joining Aera, he founded and led the AI and Automationpractices for McKinsey & Company and EY, where he drove the transformation of global enterprises across industries. Additionally, Bornet is the lead author of the bestsellingbook, "Intelligent Automation: Harnessing AI to Boost Business and Make Our World More Human," widely considered as the first reference onIntelligent Automation. "Aera Technology isbuilt on innovation designed to help global enterprises to augment and automate business-critical decisions," said Shariq Mansoor, Founder and Chief Technology Officer of Aera Technology. "With Pascal on boardas the Chief Data Officer, we willaccelerate the value that Aera provides." "I am excited to join the Aera Technology team," said Pascal Bornet. "I believe in the combination of AI and Automation technologies to automate the most complex business use cases. This crossroad of domains perfectly describesAera's unique position in the market. It is about leveraging data, machine learning and process automation to generate the highest value for companies." About Aera TechnologyAera Technology is the Cognitive Automation company that makes business agility happen. We deliver the first scalable digital platform that integrates with your existing systems to make and execute business decisions in real time. In the era of digital acceleration, Aera helps enterprises around the world transform how they respond to the ever-changing environment. For more information, visitaeratechnology.com. SOURCE Aera Technology Related Links www.aeratechnology.com |
edtsum278 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Global Sustainable Athleisure Market By Type (Mass and Premium), By Product (Shirt, Yoga Pant, Leggings, Shorts and others), By Gender (Women and Men), By Distribution Channel (Offline and Online), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The Global Sustainable Athleisure Market size is expected to reach $126.9 billion by 2026, rising at a market growth of 10.5% CAGR during the forecast period. Athleisure has evolved as the new fashion industry trend that includes, comfort, style, and functionality. This urban fashion movement has achieved huge popularity in the last couple of years. In recent years, consumers are more inclined towards sustainable athleisure as it has become the most comfortable form of clothing. As a result, the demand for sustainable athleisure market has been high since the last couple of years. To manage the high demand, various apparel brands are involved in ethical trade practices and recycling fabrics to offer high-performance activewear for the individual while keeping up the environment safe. The fitness trends have increasingly been popular, which further boost the demand for sports and athletic wear. Sustainable athleisure also finds its application in the corporate culture; a majority of people prefer to wear comfortable casual wear to workplaces. In the modern era, the working population prefers an ideal mix of elegance and functionality, which is encouraging them to purchase more athleisure outfits. Sustainable athleisure is made of high-quality, reliable materials that make it appropriate for numerous fitness and recreational activities such as yoga, running, cycling, and mountain climbing, etc. Companies Profiled Unique Offerings from the Publisher Key Topics Covered: Chapter 1. Market Scope & Methodology 1.1 Market Definition 1.2 Objectives 1.3 Market Scope 1.4 Segmentation 1.4.1 Global Sustainable Athleisure Market, by Type 1.4.2 Global Sustainable Athleisure Market, by Product 1.4.3 Global Sustainable Athleisure Market, by Gender 1.4.4 Global Sustainable Athleisure Market, by Distribution Channel 1.4.5 Global Sustainable Athleisure Market, by Geography 1.5 Methodology for the research Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.2 Market Composition 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Competition Analysis - Global 3.1 Cardinal Matrix 3.2 Recent Industry Wide Strategic Developments 3.2.1 Partnerships, Collaborations and Agreements 3.2.2 Product Launches and Product Expansions 3.2.3 Geographical Expansions 3.2.4 Acquisition and Mergers 3.3 Top Winning Strategies 3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020) Chapter 4. Global Sustainable Athleisure Market by Type 4.1 Global Mass Market by Region 4.2 Global Premium Market by Region Chapter 5. Global Sustainable Athleisure Market by Product 5.1 Global Shirt Market by Region 5.2 Global Yoga Pant Market by Region 5.3 Global Leggings Market by Region 5.4 Global Shorts Market by Region 5.5 Global Other Product Market by Region Chapter 6. Global Sustainable Athleisure Market by Gender 6.1 Global Women Market by Region 6.2 Global Men Market by Region Chapter 7. Global Sustainable Athleisure Market by Distribution Channel 7.1 Global Online Market by Region 7.2 Global Offline Market by Region Chapter 8. Global Sustainable Athleisure Market by Region 8.1 North America Sustainable Athleisure Market 8.2 Europe Sustainable Athleisure Market 8.3 Asia Pacific Sustainable Athleisure Market 8.4 LAMEA Sustainable Athleisure Market Chapter 9. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/mptlxa
Answer: | Worldwide Sustainable Athleisure Industry to 2026 - Featuring Adidas, Under Armour and Hanesbrands Among Others - ResearchAndMarkets.com | DUBLIN--(BUSINESS WIRE)--The "Global Sustainable Athleisure Market By Type (Mass and Premium), By Product (Shirt, Yoga Pant, Leggings, Shorts and others), By Gender (Women and Men), By Distribution Channel (Offline and Online), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The Global Sustainable Athleisure Market size is expected to reach $126.9 billion by 2026, rising at a market growth of 10.5% CAGR during the forecast period. Athleisure has evolved as the new fashion industry trend that includes, comfort, style, and functionality. This urban fashion movement has achieved huge popularity in the last couple of years. In recent years, consumers are more inclined towards sustainable athleisure as it has become the most comfortable form of clothing. As a result, the demand for sustainable athleisure market has been high since the last couple of years. To manage the high demand, various apparel brands are involved in ethical trade practices and recycling fabrics to offer high-performance activewear for the individual while keeping up the environment safe. The fitness trends have increasingly been popular, which further boost the demand for sports and athletic wear. Sustainable athleisure also finds its application in the corporate culture; a majority of people prefer to wear comfortable casual wear to workplaces. In the modern era, the working population prefers an ideal mix of elegance and functionality, which is encouraging them to purchase more athleisure outfits. Sustainable athleisure is made of high-quality, reliable materials that make it appropriate for numerous fitness and recreational activities such as yoga, running, cycling, and mountain climbing, etc. Companies Profiled Unique Offerings from the Publisher Key Topics Covered: Chapter 1. Market Scope & Methodology 1.1 Market Definition 1.2 Objectives 1.3 Market Scope 1.4 Segmentation 1.4.1 Global Sustainable Athleisure Market, by Type 1.4.2 Global Sustainable Athleisure Market, by Product 1.4.3 Global Sustainable Athleisure Market, by Gender 1.4.4 Global Sustainable Athleisure Market, by Distribution Channel 1.4.5 Global Sustainable Athleisure Market, by Geography 1.5 Methodology for the research Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.2 Market Composition 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Competition Analysis - Global 3.1 Cardinal Matrix 3.2 Recent Industry Wide Strategic Developments 3.2.1 Partnerships, Collaborations and Agreements 3.2.2 Product Launches and Product Expansions 3.2.3 Geographical Expansions 3.2.4 Acquisition and Mergers 3.3 Top Winning Strategies 3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020) Chapter 4. Global Sustainable Athleisure Market by Type 4.1 Global Mass Market by Region 4.2 Global Premium Market by Region Chapter 5. Global Sustainable Athleisure Market by Product 5.1 Global Shirt Market by Region 5.2 Global Yoga Pant Market by Region 5.3 Global Leggings Market by Region 5.4 Global Shorts Market by Region 5.5 Global Other Product Market by Region Chapter 6. Global Sustainable Athleisure Market by Gender 6.1 Global Women Market by Region 6.2 Global Men Market by Region Chapter 7. Global Sustainable Athleisure Market by Distribution Channel 7.1 Global Online Market by Region 7.2 Global Offline Market by Region Chapter 8. Global Sustainable Athleisure Market by Region 8.1 North America Sustainable Athleisure Market 8.2 Europe Sustainable Athleisure Market 8.3 Asia Pacific Sustainable Athleisure Market 8.4 LAMEA Sustainable Athleisure Market Chapter 9. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/mptlxa |
edtsum279 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK--(BUSINESS WIRE)--Kate Thatcher, AIA has been named Chief Executive Officer of Architecture + Information (A+I)a leading strategy-driven integrated architecture and design agency. Thatcher will assume the new role within the organization and head a rapidly and thoughtfully expanding executive team supported by co-founders Brad Zizmor and Dag Folger, who will continue to focus on deepening client partnerships. Im incredibly honored and humbled to assume the role as the first-ever CEO of A+I, Thatcher shared. To lead a company that I have called home since the start of my career is a rare privilege, especially within the architecture and design fields. I share Brad and Dags commitment to ensuring that all of our employees continue to feel this level of support in their careers. In this unprecedented time when todays companies need a strategic partner to solve ever-more complex issues that go well beyond the spatial, Im excited to take the helm of a true strategy-led design agency thats well-suited to meet the challenges of the moment head-on. As part of the agencys continued evolution, Zizmor and Folger will now center their work on deepening relationships with clients to lead the next generation of ground-breaking work. In service of accelerating innovation for clients and shaping the organization to deliver on its promise of transformational integrated design, Zizmor and Folger have established the new CEO role. With a strong understanding of the A+I team, the needs of the agencys clients, and how the agency can respond to the challenges ahead for the workplace and cities, Thatcher is a natural fit for this position. At a moment of historic inflection and change in the world, the industries and businesses weve been serving for 25 years are rapidly transforming, and they are asking us to help them navigate those changes, Zizmor reflected. This is the perfect moment for A+I to transform alongside them. Folger added, When Kate joined A+I, our company was 10 people. I think its no coincidence that we grew in size, scale, and complexity, and the scope of our projects expanded, in tandem with her tenure. This role confirms what Brad and I have wanted all along to support talent from within our organization and allow someone like Kate to lead A+I into the next 25 years. A+I partners with some of the worlds most prominent organizations, developers and brands. With an investigative lens rooted in architecture, A+I applies critical thinking to solve increasingly complex problems and build more meaningful, more complete, and more integrated design solutions for organizations on the cusp of transformation; reimagining the future of workplace to propel their business and their people forward. Recent work includes the new Equinox Headquarters in New York City; a strategic and international engagement with Peloton to design and construct their flagship studios in New York City and London, U.K., and their New York City headquarters; and a multi-year partnership with Hines to create the next generation of amenity forward workplaces. Thatcher began her career at A+I in 2004. Leaving in 2007 to pursue her Masters in Architecture at Yale University, she returned to the agency in 2011. Since then, shes led design teams creating headquarters for world-class companies like Equinox, and Horizon Media, as well as the adaptive re-use of 430 W 15th Street in New York and work for non-profit organizations including the Urban Justice Center. Thatcher is poised to assume the role of CEO at what is considered to be a significant moment in history for the real estate industry and the multitude of business sectors and workplaces that reside within commercial buildings. As advocates for the collective experiences that urban centers provide, Thatcher and A+I aim to advance strategic design solutions that work to solve the challenges presented to occupiers in a post COVID-19 world. True to A+Is strategy-led approach, when the COVID-19 pandemic began disrupting businesses in March of 2020, A+I launched a research project of strategic dialogue with clients and collaborators across industries such as tech, media, finance, design, and real estate to build, in real time, a collective understanding of what the future of work would look like in the near and long term. As Thatcher notes, Companies positioned to strongly emerge from this crisis are all using this moment to make strategic shifts in their business, rather than implement quick tactical upgrades. For more visit Architecture Plus Information.
Answer: | Architecture + Information (A+I) Names First Ever CEO Kate Thatcher Thatchers appointment reflects A+Is commitment to accelerating innovation for its fast growing clients and shaping the agency to best deliver on its transformational integrated design strategy | NEW YORK--(BUSINESS WIRE)--Kate Thatcher, AIA has been named Chief Executive Officer of Architecture + Information (A+I)a leading strategy-driven integrated architecture and design agency. Thatcher will assume the new role within the organization and head a rapidly and thoughtfully expanding executive team supported by co-founders Brad Zizmor and Dag Folger, who will continue to focus on deepening client partnerships. Im incredibly honored and humbled to assume the role as the first-ever CEO of A+I, Thatcher shared. To lead a company that I have called home since the start of my career is a rare privilege, especially within the architecture and design fields. I share Brad and Dags commitment to ensuring that all of our employees continue to feel this level of support in their careers. In this unprecedented time when todays companies need a strategic partner to solve ever-more complex issues that go well beyond the spatial, Im excited to take the helm of a true strategy-led design agency thats well-suited to meet the challenges of the moment head-on. As part of the agencys continued evolution, Zizmor and Folger will now center their work on deepening relationships with clients to lead the next generation of ground-breaking work. In service of accelerating innovation for clients and shaping the organization to deliver on its promise of transformational integrated design, Zizmor and Folger have established the new CEO role. With a strong understanding of the A+I team, the needs of the agencys clients, and how the agency can respond to the challenges ahead for the workplace and cities, Thatcher is a natural fit for this position. At a moment of historic inflection and change in the world, the industries and businesses weve been serving for 25 years are rapidly transforming, and they are asking us to help them navigate those changes, Zizmor reflected. This is the perfect moment for A+I to transform alongside them. Folger added, When Kate joined A+I, our company was 10 people. I think its no coincidence that we grew in size, scale, and complexity, and the scope of our projects expanded, in tandem with her tenure. This role confirms what Brad and I have wanted all along to support talent from within our organization and allow someone like Kate to lead A+I into the next 25 years. A+I partners with some of the worlds most prominent organizations, developers and brands. With an investigative lens rooted in architecture, A+I applies critical thinking to solve increasingly complex problems and build more meaningful, more complete, and more integrated design solutions for organizations on the cusp of transformation; reimagining the future of workplace to propel their business and their people forward. Recent work includes the new Equinox Headquarters in New York City; a strategic and international engagement with Peloton to design and construct their flagship studios in New York City and London, U.K., and their New York City headquarters; and a multi-year partnership with Hines to create the next generation of amenity forward workplaces. Thatcher began her career at A+I in 2004. Leaving in 2007 to pursue her Masters in Architecture at Yale University, she returned to the agency in 2011. Since then, shes led design teams creating headquarters for world-class companies like Equinox, and Horizon Media, as well as the adaptive re-use of 430 W 15th Street in New York and work for non-profit organizations including the Urban Justice Center. Thatcher is poised to assume the role of CEO at what is considered to be a significant moment in history for the real estate industry and the multitude of business sectors and workplaces that reside within commercial buildings. As advocates for the collective experiences that urban centers provide, Thatcher and A+I aim to advance strategic design solutions that work to solve the challenges presented to occupiers in a post COVID-19 world. True to A+Is strategy-led approach, when the COVID-19 pandemic began disrupting businesses in March of 2020, A+I launched a research project of strategic dialogue with clients and collaborators across industries such as tech, media, finance, design, and real estate to build, in real time, a collective understanding of what the future of work would look like in the near and long term. As Thatcher notes, Companies positioned to strongly emerge from this crisis are all using this moment to make strategic shifts in their business, rather than implement quick tactical upgrades. For more visit Architecture Plus Information. |
edtsum280 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, April 27, 2021 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for ATOS, AMC, TTOO, ACRX, and NDRA. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. ATOS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ATOS&prnumber=042720212 AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=AMC&prnumber=042720212 TTOO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TTOO&prnumber=042720212 ACRX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ACRX&prnumber=042720212 NDRA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NDRA&prnumber=042720212 (Note: You may have to copy this link into your browser then press the [ENTER] key.) InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment. SOURCE InvestorsObserver Related Links http://www.investorsobserver.com
Answer: | Thinking about buying stock in Atossa Therapeutics, AMC Entertainment, T2 Biosystems, AcelRx Pharmaceuticals, or ENDRA Life Sciences? | NEW YORK, April 27, 2021 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for ATOS, AMC, TTOO, ACRX, and NDRA. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. ATOS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ATOS&prnumber=042720212 AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=AMC&prnumber=042720212 TTOO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TTOO&prnumber=042720212 ACRX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ACRX&prnumber=042720212 NDRA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NDRA&prnumber=042720212 (Note: You may have to copy this link into your browser then press the [ENTER] key.) InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment. SOURCE InvestorsObserver Related Links http://www.investorsobserver.com |
edtsum281 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: WASHINGTON, July 23, 2020 /PRNewswire/ --Education Design Lab, a national nonprofit and leader in the design, implementation, and scaling of new learning models for higher education and the future of work, today announced a $1.9 million grant from Ascendium Education Group to pilot new solutions and build the capacity of rural community colleges to respond to regional labor markets and the students they serve. The initiativecalled Building Rural Innovation, Designing Educational Strategies or BRIDGESwill select five community college partners in fall 2020 who will work with Education Design Lab over the next three years to design and implement new pathways to postsecondary attainment and economic opportunity in rural communities. "From the digital divide, education deserts and other long-running disparities in access to education, health care and economic opportunity, rural America has long been an afterthought in our nation's efforts to boost postsecondary opportunity and learner success," said Amy Kerwin, Vice President Education Philanthropy at Ascendium Education Group. "At a time when COVID-19 is exposing wage and equity gaps, this laboratory for innovation will help identify new impact-oriented approaches for fostering greater educational and economic opportunity in historically-underinvested rural communities. " The geography of rural America has contributed to gaps in college access and attainment. Rural counties cover 97 percent of the U.S. land area, but are home to just 14 percent of the country's college campuses. As of 2018, just 42 percent of learners who attended a rural high school completed college within six years after high school graduation. More than 21 million adults living in rural counties do not have a college degree. According to the Federal Communications Commission, a quarter of rural citizensa total of 14.5 million peoplelack access to broadband internet, limiting their ability to study online. According to the Center on Rural Innovation, rural communities are also more dependent than urban areas on industries that are at the highest risk of demand disruption by COVID-19 or inability to employ remote work. The three-year initiative will kick off with a research phase, during which Education Design Lab will survey the landscape of existing national data and research on the challenges facing rural community colleges, their learners and local economies. In August 2020, the Lab will issue a national, invitation-only RFP for rural community colleges or systems to participate in the Design Challenge. Education Design Lab's team of education design and subject matter experts will work with selected institutions to identify barriers and design and test new models for how community colleges can expand economic opportunity in rural areas. At the conclusion of the design challenge, Education Design Lab will draw on insights from the collective experiences of the five community college partners to publish an informed practices manual on evolving needs of the rural learner population, as well as exemplar models that bring economic opportunity to rural communities and help talent adapt with agile workforce skills. "A person's ability to earn a quality education and succeed in their career should not be determined by their zip code. Yet millions of Americans in rural and remote communities are disconnected from the skills, networks and training experiences required to thrive in today's economy," said Marta Urquilla, chief program officer at Education Design Lab. "As COVID-19 has shown us, learning and work can happen anywhere. This work is about helping rural community colleges design for the future now. Through BRIDGES, these institutions can grow their capacity as drivers of innovation to enable greater economic mobility for rural learners." For more information, visit https://eddesignlab.org/bridgerural/. About Education Design Lab: Education Design Lab is a national nonprofit that designs, tests, and implements unique higher education models and credentials that address the rapidly changing economy and emerging technology opportunities. The Lab demonstrates where technology, rigor and design can improve opportunity for historically underserved learners to maximize their potential in the higher education system.Education Design Lab works across disciplines and alongside schools, employers, entrepreneurs, government, foundations, nonprofits and innovators. The organization has significant experience managing national and local learning cohorts, working with organizations such as The Michael and Susan Dell Foundation, the United Negro College Fund, Walmart, American Council on Education and the ECMC Foundation. Learn more: www.eddesignlab.org. About Ascendium Education Group:Ascendium Education Group is a 501(c)(3) nonprofit organization committed to helping people reach the education and career goals that matter to them. Ascendium invests in initiatives designed to increase the number of students from low-income backgrounds who complete postsecondary degrees, certificates and workforce training programs, with an emphasis on first-generation students, incarcerated adults, rural community members, students of color and veterans. Ascendium's work identifies, validates and expands best practices to promote large-scale change at the institutional, system and state levels, with the intention of elevating opportunity for all. For more information, visit https://www.ascendiumphilanthropy.org. SOURCE Education Design Lab Related Links http://www.eddesignlab.org
Answer: | National Nonprofit Launches New Initiative to Expand the Economic Impact of Rural Community Colleges With $1.9 million grant from Ascendium, Education Design Lab embarks on a three-year design challenge with community colleges in five rural areas | WASHINGTON, July 23, 2020 /PRNewswire/ --Education Design Lab, a national nonprofit and leader in the design, implementation, and scaling of new learning models for higher education and the future of work, today announced a $1.9 million grant from Ascendium Education Group to pilot new solutions and build the capacity of rural community colleges to respond to regional labor markets and the students they serve. The initiativecalled Building Rural Innovation, Designing Educational Strategies or BRIDGESwill select five community college partners in fall 2020 who will work with Education Design Lab over the next three years to design and implement new pathways to postsecondary attainment and economic opportunity in rural communities. "From the digital divide, education deserts and other long-running disparities in access to education, health care and economic opportunity, rural America has long been an afterthought in our nation's efforts to boost postsecondary opportunity and learner success," said Amy Kerwin, Vice President Education Philanthropy at Ascendium Education Group. "At a time when COVID-19 is exposing wage and equity gaps, this laboratory for innovation will help identify new impact-oriented approaches for fostering greater educational and economic opportunity in historically-underinvested rural communities. " The geography of rural America has contributed to gaps in college access and attainment. Rural counties cover 97 percent of the U.S. land area, but are home to just 14 percent of the country's college campuses. As of 2018, just 42 percent of learners who attended a rural high school completed college within six years after high school graduation. More than 21 million adults living in rural counties do not have a college degree. According to the Federal Communications Commission, a quarter of rural citizensa total of 14.5 million peoplelack access to broadband internet, limiting their ability to study online. According to the Center on Rural Innovation, rural communities are also more dependent than urban areas on industries that are at the highest risk of demand disruption by COVID-19 or inability to employ remote work. The three-year initiative will kick off with a research phase, during which Education Design Lab will survey the landscape of existing national data and research on the challenges facing rural community colleges, their learners and local economies. In August 2020, the Lab will issue a national, invitation-only RFP for rural community colleges or systems to participate in the Design Challenge. Education Design Lab's team of education design and subject matter experts will work with selected institutions to identify barriers and design and test new models for how community colleges can expand economic opportunity in rural areas. At the conclusion of the design challenge, Education Design Lab will draw on insights from the collective experiences of the five community college partners to publish an informed practices manual on evolving needs of the rural learner population, as well as exemplar models that bring economic opportunity to rural communities and help talent adapt with agile workforce skills. "A person's ability to earn a quality education and succeed in their career should not be determined by their zip code. Yet millions of Americans in rural and remote communities are disconnected from the skills, networks and training experiences required to thrive in today's economy," said Marta Urquilla, chief program officer at Education Design Lab. "As COVID-19 has shown us, learning and work can happen anywhere. This work is about helping rural community colleges design for the future now. Through BRIDGES, these institutions can grow their capacity as drivers of innovation to enable greater economic mobility for rural learners." For more information, visit https://eddesignlab.org/bridgerural/. About Education Design Lab: Education Design Lab is a national nonprofit that designs, tests, and implements unique higher education models and credentials that address the rapidly changing economy and emerging technology opportunities. The Lab demonstrates where technology, rigor and design can improve opportunity for historically underserved learners to maximize their potential in the higher education system.Education Design Lab works across disciplines and alongside schools, employers, entrepreneurs, government, foundations, nonprofits and innovators. The organization has significant experience managing national and local learning cohorts, working with organizations such as The Michael and Susan Dell Foundation, the United Negro College Fund, Walmart, American Council on Education and the ECMC Foundation. Learn more: www.eddesignlab.org. About Ascendium Education Group:Ascendium Education Group is a 501(c)(3) nonprofit organization committed to helping people reach the education and career goals that matter to them. Ascendium invests in initiatives designed to increase the number of students from low-income backgrounds who complete postsecondary degrees, certificates and workforce training programs, with an emphasis on first-generation students, incarcerated adults, rural community members, students of color and veterans. Ascendium's work identifies, validates and expands best practices to promote large-scale change at the institutional, system and state levels, with the intention of elevating opportunity for all. For more information, visit https://www.ascendiumphilanthropy.org. SOURCE Education Design Lab Related Links http://www.eddesignlab.org |
edtsum282 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOUISVILLE, Ky., June 30, 2020 /PRNewswire/ --Les Dames d'Escoffier (LDEI) has a newly established LDEI Relief Fund, created in response to the COVID-19 pandemic and its impact on women in the culinary industry. The LDEI Relief Fund will provide funding to established 501(c)(3)'s, non-governmental agencies (NGO'S) and other recognized international nonprofits benefiting women impacted by COVID-19 and other disasters globally. LDEI is an organization of women leaders in food, beverage and hospitality whose mission is education and philanthropy for the good of the global community. The LDEI Relief Fund priority is to extend assistance to established nonprofits or non-governmental agencies (NGO's) who provide essentials and services to benefit women impacted by catastrophes. Bev Shaffer, LDEI President, said, "The newly formed LDEI Relief Fund stems from the Mission, Vision and Guiding Principles of Les Dames d'Escoffier International. As a preeminent global professional association, we strive to inspire, advance and support women in food, beverage and hospitality to achieve excellence in leadership and philanthropy and are committed to creating lasting change in our communities through focused philanthropy." The LDEI Relief Fundgrants will be made for one year or longer given specific program priorities. LDEI will ask applicants to request amounts meeting the needs of the program that is consistent with the organization's capacity and other anticipated or received support. Additionally, LDEI will support capital requests that help meet compelling community need and offer a broad social benefit to women. "The COVID-19 pandemic and other international disasters impact women around the world in many ways. The LDEI Board of Directors created the LDEI Relief Fund in response to this, with our funding priority to assist established nonprofits or NGOs that provide such support," said Shaffer Detailed LDEI Relief Fund grant criteria can be found and donations made at www.ldei.org. Les Dames d'Escoffier International (LDEI) is a worldwide philanthropic organization of professional women leaders in the fields of food, fine beverage and hospitality. The invitation-only membership, composed of over 2,400 women in 44 chapters across the US, Canada, France, the United Kingdom and Mexico, is highly diversified and reflects the multifaceted fields of contemporary gastronomy and hospitality. For more information, visit www.ldei.org SOURCE Les Dames dEscoffier International (LDEI) Related Links http://www.ldei.org
Answer: | Les Dames d'Escoffier International Establishes the LDEI Relief Fund | LOUISVILLE, Ky., June 30, 2020 /PRNewswire/ --Les Dames d'Escoffier (LDEI) has a newly established LDEI Relief Fund, created in response to the COVID-19 pandemic and its impact on women in the culinary industry. The LDEI Relief Fund will provide funding to established 501(c)(3)'s, non-governmental agencies (NGO'S) and other recognized international nonprofits benefiting women impacted by COVID-19 and other disasters globally. LDEI is an organization of women leaders in food, beverage and hospitality whose mission is education and philanthropy for the good of the global community. The LDEI Relief Fund priority is to extend assistance to established nonprofits or non-governmental agencies (NGO's) who provide essentials and services to benefit women impacted by catastrophes. Bev Shaffer, LDEI President, said, "The newly formed LDEI Relief Fund stems from the Mission, Vision and Guiding Principles of Les Dames d'Escoffier International. As a preeminent global professional association, we strive to inspire, advance and support women in food, beverage and hospitality to achieve excellence in leadership and philanthropy and are committed to creating lasting change in our communities through focused philanthropy." The LDEI Relief Fundgrants will be made for one year or longer given specific program priorities. LDEI will ask applicants to request amounts meeting the needs of the program that is consistent with the organization's capacity and other anticipated or received support. Additionally, LDEI will support capital requests that help meet compelling community need and offer a broad social benefit to women. "The COVID-19 pandemic and other international disasters impact women around the world in many ways. The LDEI Board of Directors created the LDEI Relief Fund in response to this, with our funding priority to assist established nonprofits or NGOs that provide such support," said Shaffer Detailed LDEI Relief Fund grant criteria can be found and donations made at www.ldei.org. Les Dames d'Escoffier International (LDEI) is a worldwide philanthropic organization of professional women leaders in the fields of food, fine beverage and hospitality. The invitation-only membership, composed of over 2,400 women in 44 chapters across the US, Canada, France, the United Kingdom and Mexico, is highly diversified and reflects the multifaceted fields of contemporary gastronomy and hospitality. For more information, visit www.ldei.org SOURCE Les Dames dEscoffier International (LDEI) Related Links http://www.ldei.org |
edtsum283 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONG BEACH, Calif. and HAYDENVILLE, Mass., Aug. 18, 2020 /PRNewswire/ -- Adding Hydrogen From Local Waste to Microgrids Provides Community Choice Aggregators and Municipalities Resiliency, Energy Independence and Decarbonization Ways2H CEO Jean-Louis Kindler & Local Power President Paul Fenn will discuss hydrogen-fueled community microgrids in an August 19 Webinar Today, as part of a nationwide movement by cities and counties to generate their own clean, locally-sourced power, renewable hydrogen solutions producer Ways2H and municipal energy consultancy Local Power announced a partnership to integrate onsite renewable hydrogen into community microgrids. The move reflects an evolution of Local Power's Community Choice Aggregation blueprint for community microgrids that includes solar with storage, and now hydrogen produced from post-consumer waste, to decarbonize and strengthen communities' resiliency. About 1,500 U.S. municipalities, representing 30 million Americans, provide Community Choice Aggregation (CCA) service and many are looking for new sources of local, affordable, reliable, renewable, resilient electricity generation. Local Power and Ways2H will meet this demand with advanced microgrids powered by zero-emission renewable hydrogen-fueled generators, solar power, battery storage and heating automation. The projects will include sustainable waste disposal through Ways2H's hydrogen production facilities, which use municipal solid waste, plastic and other refuse as a feedstock. "Our goal is to help local governments build affordable renewable energy microgrids to power their communities and critical infrastructure, from hospitals to schools, energy-critical businesses and resilience hubs for residents regardless of utility blackouts," said Local Power Founder and President Paul Fenn, who pioneered the CCA model that has spread across the United States in the past decade, and municipal Green Bond financing, now a trillion-dollar global industry. "We're tying together key components of the climate problem -- energy, decarbonization and resiliency -- and removing grid barriers to deploy local energy generation."Renewable hydrogen-fueled microgrids will help local governments reach their climate and renewable energy goals, reduce the cost of resiliency and serve communities daily and during utility grid blackouts due to extreme weather such as wildfires and powerful storms. Using locally generated waste to produce clean hydrogen will further reduce municipalities' costs for waste disposal.Local Power and Ways2H will support municipalities' use of Green Bonds or other financing options for the projects."We are bringing an integrated approach and a concrete solution that we believe many municipalities are looking for, as they seek technology and resiliency they currently don't have," said Ways2H CEO Jean-Louis Kindler. "Our waste-to-hydrogen production units are modular, transportable and easily installed onsite, close to where waste is produced and where hydrogen fuel is needed for distributed power generation and mobility."CCAs are active in California, Illinois, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Rhode Island and Virginia.About Ways2HWays2H, Inc. is a global team that applies an advanced thermochemical process to convert waste biomass into renewable hydrogen, with a net zero-carbon footprint. The company's patented process extracts hydrogen from the world's worst waste streams municipal solid waste, medical refuse, plastics and organics without incineration to produce clean fuel for mobility and power generation. A joint venture between U.S.-based Clean Energy Enterprises and Japan Blue Energy Corporation, Ways2H is a unique solution for the global $400 billion+ solid waste management market and the rapidly growing hydrogen economy, estimated to reach $2.5 trillion by 2050. Please visit us at www.Ways2H.com.About Local PowerLocal Power (LocalPower.com) has spent the last 25 years creating a new energy market based on local municipal control called Community Choice Aggregation (CCA), which has been authorized in nine U.S states comprising about half of U.S. power demand. Founder Paul Fenn created the CCA model in the 1990s and invented Municipal Green Bonds to allow CCAs to finance energy localization. He developed the CCA 2.0 strategy for CCAs to optimize transitions from grid power to local renewable power that helped 67 U.S. cities and counties achieve 100% clean/renewable energy. In 2020, Local Power introduced the CCA 3.0 strategy for municipalities to decarbonize, generate their own independent renewable energy and increase their climate resiliency. SOURCE Ways2H, Inc. Related Links http://www.ways2h.com/
Answer: | Ways2H and Local Power Partner To Develop Hydrogen-Fueled Community Microgrids | LONG BEACH, Calif. and HAYDENVILLE, Mass., Aug. 18, 2020 /PRNewswire/ -- Adding Hydrogen From Local Waste to Microgrids Provides Community Choice Aggregators and Municipalities Resiliency, Energy Independence and Decarbonization Ways2H CEO Jean-Louis Kindler & Local Power President Paul Fenn will discuss hydrogen-fueled community microgrids in an August 19 Webinar Today, as part of a nationwide movement by cities and counties to generate their own clean, locally-sourced power, renewable hydrogen solutions producer Ways2H and municipal energy consultancy Local Power announced a partnership to integrate onsite renewable hydrogen into community microgrids. The move reflects an evolution of Local Power's Community Choice Aggregation blueprint for community microgrids that includes solar with storage, and now hydrogen produced from post-consumer waste, to decarbonize and strengthen communities' resiliency. About 1,500 U.S. municipalities, representing 30 million Americans, provide Community Choice Aggregation (CCA) service and many are looking for new sources of local, affordable, reliable, renewable, resilient electricity generation. Local Power and Ways2H will meet this demand with advanced microgrids powered by zero-emission renewable hydrogen-fueled generators, solar power, battery storage and heating automation. The projects will include sustainable waste disposal through Ways2H's hydrogen production facilities, which use municipal solid waste, plastic and other refuse as a feedstock. "Our goal is to help local governments build affordable renewable energy microgrids to power their communities and critical infrastructure, from hospitals to schools, energy-critical businesses and resilience hubs for residents regardless of utility blackouts," said Local Power Founder and President Paul Fenn, who pioneered the CCA model that has spread across the United States in the past decade, and municipal Green Bond financing, now a trillion-dollar global industry. "We're tying together key components of the climate problem -- energy, decarbonization and resiliency -- and removing grid barriers to deploy local energy generation."Renewable hydrogen-fueled microgrids will help local governments reach their climate and renewable energy goals, reduce the cost of resiliency and serve communities daily and during utility grid blackouts due to extreme weather such as wildfires and powerful storms. Using locally generated waste to produce clean hydrogen will further reduce municipalities' costs for waste disposal.Local Power and Ways2H will support municipalities' use of Green Bonds or other financing options for the projects."We are bringing an integrated approach and a concrete solution that we believe many municipalities are looking for, as they seek technology and resiliency they currently don't have," said Ways2H CEO Jean-Louis Kindler. "Our waste-to-hydrogen production units are modular, transportable and easily installed onsite, close to where waste is produced and where hydrogen fuel is needed for distributed power generation and mobility."CCAs are active in California, Illinois, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Rhode Island and Virginia.About Ways2HWays2H, Inc. is a global team that applies an advanced thermochemical process to convert waste biomass into renewable hydrogen, with a net zero-carbon footprint. The company's patented process extracts hydrogen from the world's worst waste streams municipal solid waste, medical refuse, plastics and organics without incineration to produce clean fuel for mobility and power generation. A joint venture between U.S.-based Clean Energy Enterprises and Japan Blue Energy Corporation, Ways2H is a unique solution for the global $400 billion+ solid waste management market and the rapidly growing hydrogen economy, estimated to reach $2.5 trillion by 2050. Please visit us at www.Ways2H.com.About Local PowerLocal Power (LocalPower.com) has spent the last 25 years creating a new energy market based on local municipal control called Community Choice Aggregation (CCA), which has been authorized in nine U.S states comprising about half of U.S. power demand. Founder Paul Fenn created the CCA model in the 1990s and invented Municipal Green Bonds to allow CCAs to finance energy localization. He developed the CCA 2.0 strategy for CCAs to optimize transitions from grid power to local renewable power that helped 67 U.S. cities and counties achieve 100% clean/renewable energy. In 2020, Local Power introduced the CCA 3.0 strategy for municipalities to decarbonize, generate their own independent renewable energy and increase their climate resiliency. SOURCE Ways2H, Inc. Related Links http://www.ways2h.com/ |
edtsum284 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: STOCKHOLM, May 8, 2020 /PRNewswire/ -- The 2020 Annual General Meeting (AGM) of LeoVegas AB (publ) ("LeoVegas" or the "Company") was held today, 8 May 2020, at which the shareholders approved the following resolutions. Adoption of the income statement and balance sheet The AGM resolved to adopt LeoVegas' income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet Distribution of profit and dividend The AGM resolved, in accordance with the Board of Directors' proposal, that of the amount available for distribution to the shareholders, totaling EUR 36,317,631, SEK 142,314,158 shall be distributed to the shareholders, corresponding to an amount of SEK 1.40 per share, and that the remainder, EUR 22,758,736 shall be carried forward. In addition, it was resolved, in accordance with the Board of Directors' proposal, that dividends will be paid out half-yearly in the amount of SEK 0.70 per share, and that the first record date for entitlement to the dividend shall be 12 May 2020, whereby dividends will be paid out via Euroclear Sweden AB on 15 May 2020, and that the second half-yearly dividend record date shall be 12 November 2020, whereby dividends will be paid out via Euroclear Sweden AB on 17 November 2020. DISCHARGE FROM LIABILITY The board members and CEO were discharged from liability for the 2019 financial year. ELECTION OF THE BOARD OF DIRECTORS AND AUDITOR, AND DIRECTORS' AND AUDITORS' FEES The AGM resolved that the Board of Directors shall consist of seven directors and no deputy directors. It was resolved that the Company shall have a chartered auditing firm as auditor. In addition, it was resolved in accordance with the Nomination Committee's proposal that directors' fees shall amount to a total of SEK 2,800,000 including fees for committee work (preceding year: SEK 1,900,000) and shall be paid out to the directors and committee members in the following amounts: SEK 300,000 for each non-executive director and SEK 600,000 for the Chairman of the Board, provided that he is not an employee of the Company; SEK 50,000 for each non-executive director serving as a member of the Remuneration Committee, and SEK 100,000 for the Remuneration Committee chair, provided that he or she is not an employee of the Company; and SEK 50,000 for each member of the Audit Committee and SEK 100,000 for the Audit Committee chair. In addition, it was resolved that the auditor's fees shall be paid in accordance with approved invoices. Anna Frick and Fredrik Rdn were re-elected as directors on the Board. Hlne Westholm, Mathias Hallberg, Carl Larsson, Per Norman och Torsten Sderberg were elected as a new directors. Per Norman was elected as Chairman of the Board. Robin Ramm-Ericson, Mrten Forste and Tuva Palm declined re-election. PricewaterhouseCoopers AB was re-elected as the Company's auditor. PricewaterhouseCoopers AB has announced that Authorised Public Accountant Aleksander Lyckow will continue as auditor-in-charge. PRINCIPLES FOR APPOINTMENT OF THE NOMINATION COMMITTEE The AGM resolved to adopt principles for appointment of the Nomination Committee in accordance with the Nomination Committee's proposal (unchanged principles from the preceding year in all essential respects). GUIDELINES FOR REMUNERATION OF SENIOR EXECUTIVES The AGM resolved in accordance with the Board's proposal to adopt guidelines for remuneration of senior executives. WARRANT BASED INCENTIVE PROGRAM FOR EXECUTIVE MANAGEMENT AND KEY INDIVIDUALS The AGM resolved, in accordance with the board of directors' proposal, to issue a maximum of 1,000,000 warrants, with deviation from the shareholders preferential rights, which may result in a maximum increase in the Company's share capital of approximately EUR 12,000. The warrants shall entitle to subscription of new shares in the Company. The warrants shall be subscribed for by the subsidiary Gears of Leo AB, with the right and obligation to, at one or several occasions, transfer the warrants to a maximum of 50 selected members of the management team, senior executives and key employees, at a price that is not less than the fair market value of the warrant according to the Black & Scholes valuation model and otherwise on the same terms as in the issuance. The subscription price per share shall be determined to 130 percent of the volume weighted average price for the Company's share on Nasdaq Stockholm during the period of five trading days starting with the day following 12 May 2020. The warrants may be exercised for subscription of shares during the period from 1 June 2023 up to and including 30 June 2023. The maximum dilution effect of the incentive program amounts to a maximum of approximately 1.00 percent of the total number of shares and votes in the Company, assuming full subscription, acquisition and exercise of all offered warrants. AUTHORIZATION FOR THE BOARD OF DIRECTORS TO DECIDE ON REPURCHASE AND TRANSFER OF OWN SHARES The AGM resolved, in accordance with the Board's proposal, to authorize the Board of Directors to decide on purchases of the company's own shares. Share repurchases may be made only on Nasdaq Stockholm or any other regulated market. The authorization may be exercised on one or more occasions before the 2021 Annual General Meeting. The maximum number of own shares that may be repurchased so that the Company's holding of shares at any given time does not exceed 10 percent of the total number of shares in the Company. Repurchases of the Company's own shares on Nasdaq Stockholm may only be made at a price within the range of the highest purchase price and lowest selling price at any given time. Payment for the shares shall be made in cash. The AGM also resolved, in accordance with the Board's proposal, to authorize the Board of Directors to to decide on transfers of own shares, with or without deviation from the shareholders' preferential rights. Transfers may be made on (i) Nasdaq Stockholm or (ii) outside of Nasdaq Stockholm in connection with acquisitions of companies, operations or assets. The authorization may be exercised on one or more occasions before the 2021 Annual General Meeting. The maximum number of shares that may be transferred corresponds to the number of shares held by the Company at the point in time of the Board of Directors' decision on the transfer. Transfers of shares on Nasdaq Stockholm may only be made at a price within the range of the highest purchase price and lowest selling price at any given time. For transfers outside of Nasdaq Stockholm, the price shall be set so that the transfer is made at market terms. Payment for transferred shares may be made in cash, through in-kind payment, or through set-off against claims with the Company. The purpose of the authorizations is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the Company's capital structure and thereby create further shareholder value and take advantage of any attractive acquisition opportunities. AUTHORIZATION FOR THE BOARD OF DIRECTORS TO DECIDE ON NEW ISSUE OF SHARES The AGM resolved, in accordance with the Board's proposal, to authorize the Board of Directors, on one or more occasions, during the time up until the next Annual General Meeting, to decide to increase the Company's share capital through a new issue of shares to such extent that it corresponds to a dilution of a maximum of 10% of the number of shares outstanding at the time of the Annual General Meeting calculated after full exercise of the issue authorization now proposed. A new issue of shares may be carried out with or without deviation from the shareholders' preferential rights. Shares issued with deviation from the shareholders' preferential rights shall be issued at market terms. The Board of Directors shall have the right to decide on other terms for the issue. Payment may be made against cash payment, in-kind payment for through set-off against claims with the Company. The purpose of the authorization is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the Company's capital structure and thereby create further shareholder value and take advantage of any attractive acquisition opportunities. For detailed terms regarding the above-described resolutions at the AGM, please refer to the complete proposals, which are available on the Company's website: www.leovegasgroup.com. About LeoVegas Mobile Gaming Group LeoVegas vision and position is "King of Casino".The global groupLeoVegas Mobile Gaming Groupoffers games on Casino, Live Casino and Sport.The parent company LeoVegas AB (publ.)islocated in Sweden and its operations are mainlylocated inMalta.The company's shares are listed on Nasdaq Stockholm.www.leovegasgroup.com FOR FURTHER INFORMATION, PLEASE CONTACTPhilip DoftvikDirector of Investor Relations and Corporate Finance,+4- (0)-73-512-07-20[emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/leovegas-mobile-gaming-group/r/announcement-from-leovegas-2020-annual-general-meeting,c3107645 The following files are available for download: https://mb.cision.com/Main/17434/3107645/1244624.pdf Announcement from LeoVegas 2020 Annual general meeting SOURCE LeoVegas Mobile Gaming Group
Answer: | Announcement from LeoVegas 2020 Annual General Meeting | STOCKHOLM, May 8, 2020 /PRNewswire/ -- The 2020 Annual General Meeting (AGM) of LeoVegas AB (publ) ("LeoVegas" or the "Company") was held today, 8 May 2020, at which the shareholders approved the following resolutions. Adoption of the income statement and balance sheet The AGM resolved to adopt LeoVegas' income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet Distribution of profit and dividend The AGM resolved, in accordance with the Board of Directors' proposal, that of the amount available for distribution to the shareholders, totaling EUR 36,317,631, SEK 142,314,158 shall be distributed to the shareholders, corresponding to an amount of SEK 1.40 per share, and that the remainder, EUR 22,758,736 shall be carried forward. In addition, it was resolved, in accordance with the Board of Directors' proposal, that dividends will be paid out half-yearly in the amount of SEK 0.70 per share, and that the first record date for entitlement to the dividend shall be 12 May 2020, whereby dividends will be paid out via Euroclear Sweden AB on 15 May 2020, and that the second half-yearly dividend record date shall be 12 November 2020, whereby dividends will be paid out via Euroclear Sweden AB on 17 November 2020. DISCHARGE FROM LIABILITY The board members and CEO were discharged from liability for the 2019 financial year. ELECTION OF THE BOARD OF DIRECTORS AND AUDITOR, AND DIRECTORS' AND AUDITORS' FEES The AGM resolved that the Board of Directors shall consist of seven directors and no deputy directors. It was resolved that the Company shall have a chartered auditing firm as auditor. In addition, it was resolved in accordance with the Nomination Committee's proposal that directors' fees shall amount to a total of SEK 2,800,000 including fees for committee work (preceding year: SEK 1,900,000) and shall be paid out to the directors and committee members in the following amounts: SEK 300,000 for each non-executive director and SEK 600,000 for the Chairman of the Board, provided that he is not an employee of the Company; SEK 50,000 for each non-executive director serving as a member of the Remuneration Committee, and SEK 100,000 for the Remuneration Committee chair, provided that he or she is not an employee of the Company; and SEK 50,000 for each member of the Audit Committee and SEK 100,000 for the Audit Committee chair. In addition, it was resolved that the auditor's fees shall be paid in accordance with approved invoices. Anna Frick and Fredrik Rdn were re-elected as directors on the Board. Hlne Westholm, Mathias Hallberg, Carl Larsson, Per Norman och Torsten Sderberg were elected as a new directors. Per Norman was elected as Chairman of the Board. Robin Ramm-Ericson, Mrten Forste and Tuva Palm declined re-election. PricewaterhouseCoopers AB was re-elected as the Company's auditor. PricewaterhouseCoopers AB has announced that Authorised Public Accountant Aleksander Lyckow will continue as auditor-in-charge. PRINCIPLES FOR APPOINTMENT OF THE NOMINATION COMMITTEE The AGM resolved to adopt principles for appointment of the Nomination Committee in accordance with the Nomination Committee's proposal (unchanged principles from the preceding year in all essential respects). GUIDELINES FOR REMUNERATION OF SENIOR EXECUTIVES The AGM resolved in accordance with the Board's proposal to adopt guidelines for remuneration of senior executives. WARRANT BASED INCENTIVE PROGRAM FOR EXECUTIVE MANAGEMENT AND KEY INDIVIDUALS The AGM resolved, in accordance with the board of directors' proposal, to issue a maximum of 1,000,000 warrants, with deviation from the shareholders preferential rights, which may result in a maximum increase in the Company's share capital of approximately EUR 12,000. The warrants shall entitle to subscription of new shares in the Company. The warrants shall be subscribed for by the subsidiary Gears of Leo AB, with the right and obligation to, at one or several occasions, transfer the warrants to a maximum of 50 selected members of the management team, senior executives and key employees, at a price that is not less than the fair market value of the warrant according to the Black & Scholes valuation model and otherwise on the same terms as in the issuance. The subscription price per share shall be determined to 130 percent of the volume weighted average price for the Company's share on Nasdaq Stockholm during the period of five trading days starting with the day following 12 May 2020. The warrants may be exercised for subscription of shares during the period from 1 June 2023 up to and including 30 June 2023. The maximum dilution effect of the incentive program amounts to a maximum of approximately 1.00 percent of the total number of shares and votes in the Company, assuming full subscription, acquisition and exercise of all offered warrants. AUTHORIZATION FOR THE BOARD OF DIRECTORS TO DECIDE ON REPURCHASE AND TRANSFER OF OWN SHARES The AGM resolved, in accordance with the Board's proposal, to authorize the Board of Directors to decide on purchases of the company's own shares. Share repurchases may be made only on Nasdaq Stockholm or any other regulated market. The authorization may be exercised on one or more occasions before the 2021 Annual General Meeting. The maximum number of own shares that may be repurchased so that the Company's holding of shares at any given time does not exceed 10 percent of the total number of shares in the Company. Repurchases of the Company's own shares on Nasdaq Stockholm may only be made at a price within the range of the highest purchase price and lowest selling price at any given time. Payment for the shares shall be made in cash. The AGM also resolved, in accordance with the Board's proposal, to authorize the Board of Directors to to decide on transfers of own shares, with or without deviation from the shareholders' preferential rights. Transfers may be made on (i) Nasdaq Stockholm or (ii) outside of Nasdaq Stockholm in connection with acquisitions of companies, operations or assets. The authorization may be exercised on one or more occasions before the 2021 Annual General Meeting. The maximum number of shares that may be transferred corresponds to the number of shares held by the Company at the point in time of the Board of Directors' decision on the transfer. Transfers of shares on Nasdaq Stockholm may only be made at a price within the range of the highest purchase price and lowest selling price at any given time. For transfers outside of Nasdaq Stockholm, the price shall be set so that the transfer is made at market terms. Payment for transferred shares may be made in cash, through in-kind payment, or through set-off against claims with the Company. The purpose of the authorizations is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the Company's capital structure and thereby create further shareholder value and take advantage of any attractive acquisition opportunities. AUTHORIZATION FOR THE BOARD OF DIRECTORS TO DECIDE ON NEW ISSUE OF SHARES The AGM resolved, in accordance with the Board's proposal, to authorize the Board of Directors, on one or more occasions, during the time up until the next Annual General Meeting, to decide to increase the Company's share capital through a new issue of shares to such extent that it corresponds to a dilution of a maximum of 10% of the number of shares outstanding at the time of the Annual General Meeting calculated after full exercise of the issue authorization now proposed. A new issue of shares may be carried out with or without deviation from the shareholders' preferential rights. Shares issued with deviation from the shareholders' preferential rights shall be issued at market terms. The Board of Directors shall have the right to decide on other terms for the issue. Payment may be made against cash payment, in-kind payment for through set-off against claims with the Company. The purpose of the authorization is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the Company's capital structure and thereby create further shareholder value and take advantage of any attractive acquisition opportunities. For detailed terms regarding the above-described resolutions at the AGM, please refer to the complete proposals, which are available on the Company's website: www.leovegasgroup.com. About LeoVegas Mobile Gaming Group LeoVegas vision and position is "King of Casino".The global groupLeoVegas Mobile Gaming Groupoffers games on Casino, Live Casino and Sport.The parent company LeoVegas AB (publ.)islocated in Sweden and its operations are mainlylocated inMalta.The company's shares are listed on Nasdaq Stockholm.www.leovegasgroup.com FOR FURTHER INFORMATION, PLEASE CONTACTPhilip DoftvikDirector of Investor Relations and Corporate Finance,+4- (0)-73-512-07-20[emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/leovegas-mobile-gaming-group/r/announcement-from-leovegas-2020-annual-general-meeting,c3107645 The following files are available for download: https://mb.cision.com/Main/17434/3107645/1244624.pdf Announcement from LeoVegas 2020 Annual general meeting SOURCE LeoVegas Mobile Gaming Group |
edtsum285 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LAGOS, Nigeria--(BUSINESS WIRE)--Jumia Technologies AG (NYSE: JMIA), (Jumia), today announced that it will release its results for the fourth quarter and full year 2020 before the U.S. market opens on Wednesday, February 24, 2021. Management will host a conference call at 8:30 a.m. US Eastern Time on the same day. Details of the conference call are as follows: Participant Dial in (Toll Free): 1-844-750-4870 Participant International Dial in: 1-412-317-5165 Canada Toll Free: 1-855-669-9657 UK Toll Free: 0800-279-9489 Participants should ask to join the Jumia Technologies call. A live webcast of the earnings conference call can be accessed on the Jumia Investor Relations website: https://investor.jumia.com/ An archived webcast will be available following the call. Please visit the Investor Relations website to view the press release and accompanying slides ahead of the conference call. About Jumia Jumia is the leading pan-African e-commerce platform, present across 11 countries in Africa. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient and affordable online services to consumers, while helping businesses grow as they use Jumias platform to better reach and serve consumers. The Jumia platform consists of a marketplace, which connects sellers with consumers, a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, which facilitates transactions among participants active on the Jumia platform in selected markets. On the marketplace, more than 110,000 sellers offer a broad range of goods and services. Jumia Logistics facilitates the delivery of goods in a convenient and reliable way, leveraging an extensive network of third-party logistics service providers, seamlessly integrated through the Jumia proprietary technology platform. JumiaPay offers a safe and easy solution to facilitate online transactions on the Jumia platform, with the intention of integrating additional financial services in the future.
Answer: | Jumia to Announce Fourth Quarter and Full Year 2020 Results on February 24, 2021 | LAGOS, Nigeria--(BUSINESS WIRE)--Jumia Technologies AG (NYSE: JMIA), (Jumia), today announced that it will release its results for the fourth quarter and full year 2020 before the U.S. market opens on Wednesday, February 24, 2021. Management will host a conference call at 8:30 a.m. US Eastern Time on the same day. Details of the conference call are as follows: Participant Dial in (Toll Free): 1-844-750-4870 Participant International Dial in: 1-412-317-5165 Canada Toll Free: 1-855-669-9657 UK Toll Free: 0800-279-9489 Participants should ask to join the Jumia Technologies call. A live webcast of the earnings conference call can be accessed on the Jumia Investor Relations website: https://investor.jumia.com/ An archived webcast will be available following the call. Please visit the Investor Relations website to view the press release and accompanying slides ahead of the conference call. About Jumia Jumia is the leading pan-African e-commerce platform, present across 11 countries in Africa. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient and affordable online services to consumers, while helping businesses grow as they use Jumias platform to better reach and serve consumers. The Jumia platform consists of a marketplace, which connects sellers with consumers, a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, which facilitates transactions among participants active on the Jumia platform in selected markets. On the marketplace, more than 110,000 sellers offer a broad range of goods and services. Jumia Logistics facilitates the delivery of goods in a convenient and reliable way, leveraging an extensive network of third-party logistics service providers, seamlessly integrated through the Jumia proprietary technology platform. JumiaPay offers a safe and easy solution to facilitate online transactions on the Jumia platform, with the intention of integrating additional financial services in the future. |
edtsum286 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Learn on Demand Systems on its investment from Shamrock Capital (Shamrock). The transaction was led by Derek Lewis and Bryce Walker of the Harris Williams Business Services Group and Andy Leed of the firms Technology Group. Learn on Demand Systems is a leading provider of cloud-based virtual lab environments, content, and tools that enable organizations to create and deliver hands-on learning experiences for various use cases, including IT and cybersecurity training, sales enablement and demos, and customer support, among others. Learn on Demand Systems was founded by its CEO, Corey Hynes, and recently received an investment from Quad Partners. Learn on Demand Systems is a trusted and vital partner to its clients, and its diverse suite of solutions provides engaging labs, workshops and courses to companies looking to accelerate technology learning throughout their organizations, said Derek Lewis, a managing director at Harris Williams. It was a pleasure working with the team at Learn on Demand Systems, and we are excited to see what the company accomplishes in partnership with Shamrock. We continue to see significant investment activity across the broader education technology sector, specifically in IT and cybersecurity training, where a growing digital skills gap is creating a major drag on productivity across all industries. Best-in-class companies, like Learn on Demand Systems, will continue to command strong market interest despite uncertain economic conditions, added Andy Leed, a director at Harris Williams. Learn on Demand Systems, an Inc. 5000 company, empowers organizations to accelerate technology learning through hands-on experience and skills validation. Its platforms enable organizations of all sizes, including industry leaders Microsoft, AWS, Veritas, Global Knowledge, New Horizons, and Pearson VUE, to deliver hands-on challenge-based learning, learning management, performance-based testing, and badging solutions to customers, partners, and employees. Their innovative challenge labs are paving the way for the broad adoption of performance-based testing across the IT training and certification industry. Quad Partners is a private equity firm committed to creating long-term value by investing in and building high-quality education companies. Founded in 2000, Quad Partners has managed approximately $800 million over its history. Since its inception, Quad Partners has invested in more than 60 education companies, either as platforms or add-on acquisitions. Shamrock is a Los Angeles-based investment firm with approximately $3.5 billion of assets under management, investing exclusively in the media, entertainment and communications sectors. Shamrock was originally founded in 1978 as the family investment company for the late Roy E. Disney and has since evolved into an institutional money manager with a leading group of investors including endowment and pension funds. Shamrock partners with strong management teams and takes an active, collaborative approach to creating value in each investment. In addition to its diverse portfolio of Entertainment IP, Shamrocks current investments include Ad Results Media, Adweek, Appetize, Bayard Advertising, Branded Cities, Canopy Spectrum, DeCurtis, Excel Sports Management, Iyuno Media Group, Maple Media, Mobilitie, Omega Wireless, Pixellot and Wpromote. Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across industry groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC). The Harris Williams Business Services Group has experience advising companies that provide a range of commercial, industrial and professional services. For more information on the firms Business Services Group and other recent transactions, visit the Business Services Groups section of the Harris Williams website. The Harris Williams Technology Group advises leading private and public companies, founders, and private equity, growth equity and venture capital firms on mergers and acquisitions and capital-raising transactions worldwide. The Technology Group has deep domain expertise in software and technology-enabled services and dedicated focus areas across a variety of vertical software applications and end markets. For more information on the Technology Group and its recent transactions, visit the Technology Groups section of the Harris Williams website. Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschftsfhrer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.
Answer: | Harris Williams Advises Learn on Demand Systems on its Investment from Shamrock Capital | RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Learn on Demand Systems on its investment from Shamrock Capital (Shamrock). The transaction was led by Derek Lewis and Bryce Walker of the Harris Williams Business Services Group and Andy Leed of the firms Technology Group. Learn on Demand Systems is a leading provider of cloud-based virtual lab environments, content, and tools that enable organizations to create and deliver hands-on learning experiences for various use cases, including IT and cybersecurity training, sales enablement and demos, and customer support, among others. Learn on Demand Systems was founded by its CEO, Corey Hynes, and recently received an investment from Quad Partners. Learn on Demand Systems is a trusted and vital partner to its clients, and its diverse suite of solutions provides engaging labs, workshops and courses to companies looking to accelerate technology learning throughout their organizations, said Derek Lewis, a managing director at Harris Williams. It was a pleasure working with the team at Learn on Demand Systems, and we are excited to see what the company accomplishes in partnership with Shamrock. We continue to see significant investment activity across the broader education technology sector, specifically in IT and cybersecurity training, where a growing digital skills gap is creating a major drag on productivity across all industries. Best-in-class companies, like Learn on Demand Systems, will continue to command strong market interest despite uncertain economic conditions, added Andy Leed, a director at Harris Williams. Learn on Demand Systems, an Inc. 5000 company, empowers organizations to accelerate technology learning through hands-on experience and skills validation. Its platforms enable organizations of all sizes, including industry leaders Microsoft, AWS, Veritas, Global Knowledge, New Horizons, and Pearson VUE, to deliver hands-on challenge-based learning, learning management, performance-based testing, and badging solutions to customers, partners, and employees. Their innovative challenge labs are paving the way for the broad adoption of performance-based testing across the IT training and certification industry. Quad Partners is a private equity firm committed to creating long-term value by investing in and building high-quality education companies. Founded in 2000, Quad Partners has managed approximately $800 million over its history. Since its inception, Quad Partners has invested in more than 60 education companies, either as platforms or add-on acquisitions. Shamrock is a Los Angeles-based investment firm with approximately $3.5 billion of assets under management, investing exclusively in the media, entertainment and communications sectors. Shamrock was originally founded in 1978 as the family investment company for the late Roy E. Disney and has since evolved into an institutional money manager with a leading group of investors including endowment and pension funds. Shamrock partners with strong management teams and takes an active, collaborative approach to creating value in each investment. In addition to its diverse portfolio of Entertainment IP, Shamrocks current investments include Ad Results Media, Adweek, Appetize, Bayard Advertising, Branded Cities, Canopy Spectrum, DeCurtis, Excel Sports Management, Iyuno Media Group, Maple Media, Mobilitie, Omega Wireless, Pixellot and Wpromote. Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across industry groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC). The Harris Williams Business Services Group has experience advising companies that provide a range of commercial, industrial and professional services. For more information on the firms Business Services Group and other recent transactions, visit the Business Services Groups section of the Harris Williams website. The Harris Williams Technology Group advises leading private and public companies, founders, and private equity, growth equity and venture capital firms on mergers and acquisitions and capital-raising transactions worldwide. The Technology Group has deep domain expertise in software and technology-enabled services and dedicated focus areas across a variety of vertical software applications and end markets. For more information on the Technology Group and its recent transactions, visit the Technology Groups section of the Harris Williams website. Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschftsfhrer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business. |
edtsum287 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BOSTON--(BUSINESS WIRE)--Cohealo, the first sharing economy company in healthcare, today announced a contract with Vizient, the nation's largest member driven health care performance improvement company. The contract will provide more than half of the healthcare organizations in the United States with access to Cohealos equipment sharing platform at contracted pricing to reduce equipment needs this capital planning season and unlock savings opportunities. We are honored to be selected by Vizient as a supplier. COVID-19 has deeply impacted health system finances. Cohealo will enable providers to immediately avoid capital purchases by sharing equipment between their owned and affiliated facilities, maximizing the utilization of existing resources. Combined with the expense reductions from fewer rentals, service contracts, preventive maintenance, and storage, a substantial tranche of savings is made available for other growth initiatives, said Todd Rothenhaus, M.D., Cohealos chief executive officer. Vizient's diverse membership base includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers, representing more than $100 billion in annual purchasing volume. The Cohealo platform dynamically reallocates equipment for health networks, taking on all the work of logistics, conflict management, and communication between lenders and borrowers. Deep insight into equipment usage drives capital planning that disrupts the clinical equipment replacement cycle, freeing up dollars for more strategic purchases. Cohealo has conducted more than 5,000 shares of over 100 different equipment types, with expertise in mobilizing even the most delicate of assets, including microscopes, lasers, and surgical robots. If you are a Vizient member, you can email Cohealo at vizient@cohealo.com or learn more at https://info.cohealo.com/vizient. About Cohealo Based in Boston, Cohealo finds savings for health systems by increasing the utilization of their medical equipment through proactive data analytics and equipment sharing, so health systems can re-invest those dollars into growth. With deeper insights into equipment usage, hospitals can pinpoint redundant equipment, opportunities for rental avoidance, and ways to share equipment between facilities. As the program scales within a health system, the network effect drives increasing levels of savings and improves providers access to expensive medical technology. Cohealo has been named to Fast Companys Most Innovative Companies List and CNBCs Disruptor 50 and is recognized as the first solution of its type to bring the sharing economy to healthcare. Learn more at cohealo.com.
Answer: | Cohealo Announces Agreement with Vizient to Bring Equipment Sharing to Member Health Systems | BOSTON--(BUSINESS WIRE)--Cohealo, the first sharing economy company in healthcare, today announced a contract with Vizient, the nation's largest member driven health care performance improvement company. The contract will provide more than half of the healthcare organizations in the United States with access to Cohealos equipment sharing platform at contracted pricing to reduce equipment needs this capital planning season and unlock savings opportunities. We are honored to be selected by Vizient as a supplier. COVID-19 has deeply impacted health system finances. Cohealo will enable providers to immediately avoid capital purchases by sharing equipment between their owned and affiliated facilities, maximizing the utilization of existing resources. Combined with the expense reductions from fewer rentals, service contracts, preventive maintenance, and storage, a substantial tranche of savings is made available for other growth initiatives, said Todd Rothenhaus, M.D., Cohealos chief executive officer. Vizient's diverse membership base includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers, representing more than $100 billion in annual purchasing volume. The Cohealo platform dynamically reallocates equipment for health networks, taking on all the work of logistics, conflict management, and communication between lenders and borrowers. Deep insight into equipment usage drives capital planning that disrupts the clinical equipment replacement cycle, freeing up dollars for more strategic purchases. Cohealo has conducted more than 5,000 shares of over 100 different equipment types, with expertise in mobilizing even the most delicate of assets, including microscopes, lasers, and surgical robots. If you are a Vizient member, you can email Cohealo at vizient@cohealo.com or learn more at https://info.cohealo.com/vizient. About Cohealo Based in Boston, Cohealo finds savings for health systems by increasing the utilization of their medical equipment through proactive data analytics and equipment sharing, so health systems can re-invest those dollars into growth. With deeper insights into equipment usage, hospitals can pinpoint redundant equipment, opportunities for rental avoidance, and ways to share equipment between facilities. As the program scales within a health system, the network effect drives increasing levels of savings and improves providers access to expensive medical technology. Cohealo has been named to Fast Companys Most Innovative Companies List and CNBCs Disruptor 50 and is recognized as the first solution of its type to bring the sharing economy to healthcare. Learn more at cohealo.com. |
edtsum288 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PARIS--(BUSINESS WIRE)--Regulatory News: Vivendi (Paris:VIV) today announced the appointment of Amandine Maudet, Vice President, Content Development of Vivendi, as President of the Talent Unlimited international residencies dedicated to screenwriting for feature films and series. Writing is a common thread of Amandine Maudets career. After earning a Master's degree in Information and Communication Sciences from the Sorbonne and a screenwriting diploma from La Fmis (the French national film school), Amandine Maudet joined the Bollor group in 2014 (where she was tasked with reflecting on the content of tomorrow) before being appointed Vice President Content Development at Vivendi in 2015. In this role, she has led the design of new formats by setting up transversal processes across Vivendi's various entities. Created in 2017 by the city of Cannes, the Universit Cte d'Azur, Canal+ and Vivendi, the mission of Talent Unlimited screenwriting residencies is to bring out new screenwriters for series and feature films. The authors are invited to imagine new stories inspired from Europes rich heritage, through challenging and immersive writing workshops, coached by internationally renowned screenwriters. Held over several weeks each year, these residencies twinned with the Cannes International Film Festival and the Canneseries Festival. www.talentsunlimited.fr About Vivendi Since 2014, Vivendi has been focused on building a world-class content, media and communications group. In content creation, Vivendi owns powerful, complementary assets in music (Universal Music Group), movies and series (Canal+ Group), publishing (Editis) and games (Gameloft) which are the most popular forms of entertainment content in the world today. In the distribution market, Vivendi has acquired the Dailymotion platform and repositioned it to create a new digital showcase for its content. The Group has also joined forces with several telecom operators and platforms to maximize the reach of its distribution networks. In communications, through Havas Group, the Group possesses unique creative expertise in promoting free content and producing short formats, which are increasingly viewed on mobile devices. In addition, through Vivendi Village, the Group explores new forms of business in live entertainment, franchises and ticketing that are complementary to its core activities. Vivendis various businesses cohesively work together as an integrated industrial group to create greater value. www.vivendi.com
Answer: | Vivendi: Amandine Maudet Appointed President of the Talent Unlimited Writers' Residencies | PARIS--(BUSINESS WIRE)--Regulatory News: Vivendi (Paris:VIV) today announced the appointment of Amandine Maudet, Vice President, Content Development of Vivendi, as President of the Talent Unlimited international residencies dedicated to screenwriting for feature films and series. Writing is a common thread of Amandine Maudets career. After earning a Master's degree in Information and Communication Sciences from the Sorbonne and a screenwriting diploma from La Fmis (the French national film school), Amandine Maudet joined the Bollor group in 2014 (where she was tasked with reflecting on the content of tomorrow) before being appointed Vice President Content Development at Vivendi in 2015. In this role, she has led the design of new formats by setting up transversal processes across Vivendi's various entities. Created in 2017 by the city of Cannes, the Universit Cte d'Azur, Canal+ and Vivendi, the mission of Talent Unlimited screenwriting residencies is to bring out new screenwriters for series and feature films. The authors are invited to imagine new stories inspired from Europes rich heritage, through challenging and immersive writing workshops, coached by internationally renowned screenwriters. Held over several weeks each year, these residencies twinned with the Cannes International Film Festival and the Canneseries Festival. www.talentsunlimited.fr About Vivendi Since 2014, Vivendi has been focused on building a world-class content, media and communications group. In content creation, Vivendi owns powerful, complementary assets in music (Universal Music Group), movies and series (Canal+ Group), publishing (Editis) and games (Gameloft) which are the most popular forms of entertainment content in the world today. In the distribution market, Vivendi has acquired the Dailymotion platform and repositioned it to create a new digital showcase for its content. The Group has also joined forces with several telecom operators and platforms to maximize the reach of its distribution networks. In communications, through Havas Group, the Group possesses unique creative expertise in promoting free content and producing short formats, which are increasingly viewed on mobile devices. In addition, through Vivendi Village, the Group explores new forms of business in live entertainment, franchises and ticketing that are complementary to its core activities. Vivendis various businesses cohesively work together as an integrated industrial group to create greater value. www.vivendi.com |
edtsum289 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MENLO PARK, Calif., Nov. 16, 2020 /PRNewswire/ --Global consulting firm Protiviti has been named to Consulting magazine's 'Best Firms to Work For' list for the seventh consecutive year. The global list is compiled based on the survey responses of consulting firm employees who rate their workplace satisfaction across five categories, including culture, career development, client engagement, compensation and benefits, and firm leadership. "It's very gratifying to receive this award now, during a time of unprecedented global change and uncertainty, because it represents the unwaveringly positive feelings of our people about their careers with us," said Protiviti President and CEO Joseph Tarantino. "Knowing that our people continue to feel valued and supported is a meaningful endorsement of the many actions we've taken over the past several months to maintain our stability and engender confidence for the firm and for our clients as we face the future together." Our goal is to ensure that our people have what they need to be successful at Protiviti. Tweet this "To help our people deal with the effects of the pandemic, we've enhanced our robust benefits program with additional offerings such as extra time off to care for children and for family members affected by Covid-19, and increased financial support for back-up caregiver service. We've also adopted a highly flexible work approach that allows each individual to factor in the needs of both family and clients," said Scott Redfearn, executive vice president, global human resources, Protiviti. "Our goal is to ensure that our people have what they need to be successful at Protiviti, no matter how challenging the external environment may be." The 2020 Best Firms to Work For were honored with a virtual awards celebration on November 12, 2020. A recording of the online event is available here.In addition to Protiviti being named to the 2020 Best Firms to Work For list, employees of the firm were recognized with Rising Stars, Top 25 Consultants and Lifetime Achievement awards from Consulting this year. About Protiviti Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned Member Firms provide clients with consulting and managed solutions in finance, technology, operations, data, analytics, governance, risk and internal audit through its network of more than 85 offices in over 25 countries. Named to the 2020 Fortune 100 Best Companies to Work Forlist, Protiviti has served more than 60 percent ofFortune1000and 35 percent ofFortuneGlobal 500companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary ofRobert Half(NYSE: RHI). Founded in 1948,Robert Halfis a member of the S&P 500 index.Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.Editor's note: photos available upon requestSOURCE Protiviti Related Links http://www.protiviti.com
Answer: | Protiviti Recognized as One of the 2020 'Best Firms to Work For' by Consulting Magazine Employees continue to feel valued and supported during time of global uncertainty | MENLO PARK, Calif., Nov. 16, 2020 /PRNewswire/ --Global consulting firm Protiviti has been named to Consulting magazine's 'Best Firms to Work For' list for the seventh consecutive year. The global list is compiled based on the survey responses of consulting firm employees who rate their workplace satisfaction across five categories, including culture, career development, client engagement, compensation and benefits, and firm leadership. "It's very gratifying to receive this award now, during a time of unprecedented global change and uncertainty, because it represents the unwaveringly positive feelings of our people about their careers with us," said Protiviti President and CEO Joseph Tarantino. "Knowing that our people continue to feel valued and supported is a meaningful endorsement of the many actions we've taken over the past several months to maintain our stability and engender confidence for the firm and for our clients as we face the future together." Our goal is to ensure that our people have what they need to be successful at Protiviti. Tweet this "To help our people deal with the effects of the pandemic, we've enhanced our robust benefits program with additional offerings such as extra time off to care for children and for family members affected by Covid-19, and increased financial support for back-up caregiver service. We've also adopted a highly flexible work approach that allows each individual to factor in the needs of both family and clients," said Scott Redfearn, executive vice president, global human resources, Protiviti. "Our goal is to ensure that our people have what they need to be successful at Protiviti, no matter how challenging the external environment may be." The 2020 Best Firms to Work For were honored with a virtual awards celebration on November 12, 2020. A recording of the online event is available here.In addition to Protiviti being named to the 2020 Best Firms to Work For list, employees of the firm were recognized with Rising Stars, Top 25 Consultants and Lifetime Achievement awards from Consulting this year. About Protiviti Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned Member Firms provide clients with consulting and managed solutions in finance, technology, operations, data, analytics, governance, risk and internal audit through its network of more than 85 offices in over 25 countries. Named to the 2020 Fortune 100 Best Companies to Work Forlist, Protiviti has served more than 60 percent ofFortune1000and 35 percent ofFortuneGlobal 500companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary ofRobert Half(NYSE: RHI). Founded in 1948,Robert Halfis a member of the S&P 500 index.Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.Editor's note: photos available upon requestSOURCE Protiviti Related Links http://www.protiviti.com |
edtsum290 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Neptune Wellness Solutions Inc. (Neptune or the Company) (NASDAQ: NEPT) securities between July 24, 2019 and February 16, 2021, inclusive (the Class Period). Neptune investors have until May 17, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In June 2019, Neptune acquired SugarLeaf Labs, LLC and Forest Remedies LLC (collectively, "SugarLeaf"), a registered North Carolina-based commercial hemp company providing extraction services and formulated products. On February 15, 2021, Neptune announced net loss of CA$73.8 million for third quarter 2021 due in part to a CA$35.6 million impairment of goodwill and a CA$2.1 million impairment of property, plant and equipment and right-of-use assets related to the acquisition of SugarLeaf in July 2019, as well as accelerated amortization of CA$13.95 million also related to the SugarLeaf acquisition. On this news, Neptunes stock price fell $0.86 per share, or 30.71%, to close at $1.94 per share on February 16, 2021, thereby injuring investors. Then, on February 17, 2021, before the market opened, Neptune issued a press release announcing the termination of an at-the-market offering conducted by the Company, which would have raised $18.6 million in gross proceeds. Immediately after, Neptune issued a second press release announcing that the Company was conducting a $55 million registered direct offering. On this news, Neptunes stock price fell $0.21 per share, or 10.82%, to close at $1.73 per share on February 17, 2021, thereby injuring 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) the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (2) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (3) 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. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Neptune securities during the Class Period, you may move the Court no later than May 17, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class 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. If you purchased Neptune securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Answer: | The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Neptune Wellness Solutions Inc. (NEPT) Investors | LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Neptune Wellness Solutions Inc. (Neptune or the Company) (NASDAQ: NEPT) securities between July 24, 2019 and February 16, 2021, inclusive (the Class Period). Neptune investors have until May 17, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In June 2019, Neptune acquired SugarLeaf Labs, LLC and Forest Remedies LLC (collectively, "SugarLeaf"), a registered North Carolina-based commercial hemp company providing extraction services and formulated products. On February 15, 2021, Neptune announced net loss of CA$73.8 million for third quarter 2021 due in part to a CA$35.6 million impairment of goodwill and a CA$2.1 million impairment of property, plant and equipment and right-of-use assets related to the acquisition of SugarLeaf in July 2019, as well as accelerated amortization of CA$13.95 million also related to the SugarLeaf acquisition. On this news, Neptunes stock price fell $0.86 per share, or 30.71%, to close at $1.94 per share on February 16, 2021, thereby injuring investors. Then, on February 17, 2021, before the market opened, Neptune issued a press release announcing the termination of an at-the-market offering conducted by the Company, which would have raised $18.6 million in gross proceeds. Immediately after, Neptune issued a second press release announcing that the Company was conducting a $55 million registered direct offering. On this news, Neptunes stock price fell $0.21 per share, or 10.82%, to close at $1.73 per share on February 17, 2021, thereby injuring 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) the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (2) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (3) 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. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Neptune securities during the Class Period, you may move the Court no later than May 17, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class 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. If you purchased Neptune securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. |
edtsum291 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CHICAGO, Feb. 16, 2021 /PRNewswire/ --Tribune Publishing Company (NASDAQ: TPCO) ("Tribune" or the "Company") and affiliates of Alden Global Capital ("Alden") today announced that they have entered into a definitive merger agreement under which Alden will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. Alden currently owns 11,554,306 shares of Tribune common stock, representing 31.6% of the Company's outstanding shares. The purchase price represents a premium of 45% to the closing price of Tribune common stock on December 11, 2020, the last trading day prior to receiving Alden's proposal, a premium of approximately 35% to the closing price of Tribune common stock on December 30, 2020, the last trading day prior to public disclosure of Alden's proposal, and a 21% increase from Alden's initial offer of $14.25 per share. The definitive agreement was approved by Tribune's Board of Directors following the recommendation by the special committee of Tribune's Board formed to evaluate Alden's proposal and potential alternatives. Philip G. Franklin, Chairman of the Board and a member of the special committee, said, "Over the past year, the Company has taken a number of actions to adapt to an ever-changing business and industry environment, including the impact of COVID-19. These actions included strengthening the Company's financial position, driving digital growth and investing in high-quality content to better serve customers, employees and communities. This positioning enabled the special committee to negotiate a premium, all-cash price, which the committee concluded was superior to the available alternatives." Concurrent with the signing of the merger agreement, Alden has signed a non-binding term sheet to sell The Baltimore Sun to Sunlight for All Institute, a public charity formed by Stewart Bainum Jr. Approvals and Timing The transaction is expected to close in the second quarter of 2021, subject to, among other things, the expiration or termination of the applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the approval of holders of two-thirds of Tribune common stock not owned by Alden, as well as other customary closing conditions. Upon completion of the transaction, Tribune will become a privately held company, and its common stock will no longer be listed on any public market. Advisors Moelis & Company LLC is serving as exclusive financial advisor to Alden Global Capital, and Akin Gump Strauss Hauer & Feld LLP is serving as legal advisor. Lazard is serving as financial advisor to the special committee of the Board of Directors of Tribune, and Davis Polk & Wardwell LLP is serving as the special committee's legal advisor. Fourth Quarter and Full Year 2020 Earnings Tribune intends to report its financial results for the fourth quarter and full year 2020 in early March. In light of today's announcement and the pending transaction, the Company will not host a conference call to discuss its financial results. About Tribune Publishing Company Tribune Publishing Company (NASDAQ: TPCO) is a media company rooted in award-winning journalism. Headquartered in Chicago, Tribune Publishing operates local media businesses in eight markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Hartford Courant, South Florida's Sun Sentinel and Orlando Sentinel, Virginia's Daily Press and The Virginian-Pilot, and The Morning Call of Lehigh Valley, Pennsylvania. In addition to award-winning local media businesses, Tribune Publishing operates Tribune Content Agency and TheDailyMeal.com. Our brands are committed to informing, inspiring and engaging local communities. We create and distribute content across our media portfolio and offer integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities. Important Information For Investors And Stockholders This communication does not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities or a solicitation of any vote or approval. This communication relates to a proposed transaction between Tribune Publishing Company ("Tribune") and Tribune Enterprises, LLC ("Acquiror"). In connection with this proposed transaction, Tribune may file one or more proxy statements or other documents with the Securities and Exchange Commission (the "SEC"). This communication is not a substitute for any proxy statement or other document Tribune may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF TRIBUNE ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Any definitive proxy statement(s) (if and when available) will be mailed to stockholders of Tribune as applicable. Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed with the SEC by Tribune through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by Tribune will be available free of charge on Tribune's internet website at https://investor.tribpub.com or by contacting Tribune's primary investor relation's contact by email at [emailprotected] or by phone at 312-222-2102. Participants in Solicitation Tribune, Acquiror, their respective directors and certain of their respective executive officers may be considered participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Tribune is set forth in its Annual Report on Form 10-K for the fiscal year ended December 29, 2019, which was filed with the SEC on March 11, 2020, its proxy statement for its 2019 annual meeting of stockholders, which was filed with the SEC on April 7, 2020, certain of its Quarterly Reports on Form 10-Q and certain of its Current Reports filed on Form 8-K. These documents can be obtained free of charge from the sources indicated above. Additional information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. Forward Looking Statements This communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Words such as "may," "will," "could," "anticipate," "estimate," "expect," "predict," "project," "future," "potential," "intend," "plan," "assume," "believe," "forecast," "look," "build," "focus," "create," "work" "continue" or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. These forward-looking statements involve many risks and uncertainties about Tribune and Acquiror that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, failure to obtain the required vote of the Company's stockholders; the timing to consummate the proposed transaction; the risk that a condition of closing of the proposed transaction may not be satisfied or that the closing of the proposed transaction might otherwise not occur; the risk that a regulatory approval that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated; the diversion of management time on transaction-related issues; risks related to disruption of management time from ongoing business operations due to the proposed transaction; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of Tribune; and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Tribune to retain customers and retain and hire key personnel and maintain relationships with its suppliers and customers. These forward-looking statements speak only as of the date of this communication, and Tribune expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Tribune's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Tribune, including the most recent Forms 10-K and 10-Q for additional information about Tribune and about the risks and uncertainties related to the business of Tribune which may affect the statements made in this presentation. Contacts: Alden:Davidson Goldin212.319.3451[emailprotected] Tribune: Investor Relations:Amy Bullis312.222.2102[emailprotected] Media:Max Reinsdorf847.867.6294[emailprotected] SOURCE Tribune Publishing Company
Answer: | Tribune Publishing to be Acquired by Alden Global Capital Transaction Provides Significant Premium to Tribune Stockholders | CHICAGO, Feb. 16, 2021 /PRNewswire/ --Tribune Publishing Company (NASDAQ: TPCO) ("Tribune" or the "Company") and affiliates of Alden Global Capital ("Alden") today announced that they have entered into a definitive merger agreement under which Alden will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. Alden currently owns 11,554,306 shares of Tribune common stock, representing 31.6% of the Company's outstanding shares. The purchase price represents a premium of 45% to the closing price of Tribune common stock on December 11, 2020, the last trading day prior to receiving Alden's proposal, a premium of approximately 35% to the closing price of Tribune common stock on December 30, 2020, the last trading day prior to public disclosure of Alden's proposal, and a 21% increase from Alden's initial offer of $14.25 per share. The definitive agreement was approved by Tribune's Board of Directors following the recommendation by the special committee of Tribune's Board formed to evaluate Alden's proposal and potential alternatives. Philip G. Franklin, Chairman of the Board and a member of the special committee, said, "Over the past year, the Company has taken a number of actions to adapt to an ever-changing business and industry environment, including the impact of COVID-19. These actions included strengthening the Company's financial position, driving digital growth and investing in high-quality content to better serve customers, employees and communities. This positioning enabled the special committee to negotiate a premium, all-cash price, which the committee concluded was superior to the available alternatives." Concurrent with the signing of the merger agreement, Alden has signed a non-binding term sheet to sell The Baltimore Sun to Sunlight for All Institute, a public charity formed by Stewart Bainum Jr. Approvals and Timing The transaction is expected to close in the second quarter of 2021, subject to, among other things, the expiration or termination of the applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the approval of holders of two-thirds of Tribune common stock not owned by Alden, as well as other customary closing conditions. Upon completion of the transaction, Tribune will become a privately held company, and its common stock will no longer be listed on any public market. Advisors Moelis & Company LLC is serving as exclusive financial advisor to Alden Global Capital, and Akin Gump Strauss Hauer & Feld LLP is serving as legal advisor. Lazard is serving as financial advisor to the special committee of the Board of Directors of Tribune, and Davis Polk & Wardwell LLP is serving as the special committee's legal advisor. Fourth Quarter and Full Year 2020 Earnings Tribune intends to report its financial results for the fourth quarter and full year 2020 in early March. In light of today's announcement and the pending transaction, the Company will not host a conference call to discuss its financial results. About Tribune Publishing Company Tribune Publishing Company (NASDAQ: TPCO) is a media company rooted in award-winning journalism. Headquartered in Chicago, Tribune Publishing operates local media businesses in eight markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Hartford Courant, South Florida's Sun Sentinel and Orlando Sentinel, Virginia's Daily Press and The Virginian-Pilot, and The Morning Call of Lehigh Valley, Pennsylvania. In addition to award-winning local media businesses, Tribune Publishing operates Tribune Content Agency and TheDailyMeal.com. Our brands are committed to informing, inspiring and engaging local communities. We create and distribute content across our media portfolio and offer integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities. Important Information For Investors And Stockholders This communication does not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities or a solicitation of any vote or approval. This communication relates to a proposed transaction between Tribune Publishing Company ("Tribune") and Tribune Enterprises, LLC ("Acquiror"). In connection with this proposed transaction, Tribune may file one or more proxy statements or other documents with the Securities and Exchange Commission (the "SEC"). This communication is not a substitute for any proxy statement or other document Tribune may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF TRIBUNE ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Any definitive proxy statement(s) (if and when available) will be mailed to stockholders of Tribune as applicable. Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed with the SEC by Tribune through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by Tribune will be available free of charge on Tribune's internet website at https://investor.tribpub.com or by contacting Tribune's primary investor relation's contact by email at [emailprotected] or by phone at 312-222-2102. Participants in Solicitation Tribune, Acquiror, their respective directors and certain of their respective executive officers may be considered participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Tribune is set forth in its Annual Report on Form 10-K for the fiscal year ended December 29, 2019, which was filed with the SEC on March 11, 2020, its proxy statement for its 2019 annual meeting of stockholders, which was filed with the SEC on April 7, 2020, certain of its Quarterly Reports on Form 10-Q and certain of its Current Reports filed on Form 8-K. These documents can be obtained free of charge from the sources indicated above. Additional information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. Forward Looking Statements This communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Words such as "may," "will," "could," "anticipate," "estimate," "expect," "predict," "project," "future," "potential," "intend," "plan," "assume," "believe," "forecast," "look," "build," "focus," "create," "work" "continue" or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. These forward-looking statements involve many risks and uncertainties about Tribune and Acquiror that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, failure to obtain the required vote of the Company's stockholders; the timing to consummate the proposed transaction; the risk that a condition of closing of the proposed transaction may not be satisfied or that the closing of the proposed transaction might otherwise not occur; the risk that a regulatory approval that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated; the diversion of management time on transaction-related issues; risks related to disruption of management time from ongoing business operations due to the proposed transaction; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of Tribune; and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Tribune to retain customers and retain and hire key personnel and maintain relationships with its suppliers and customers. These forward-looking statements speak only as of the date of this communication, and Tribune expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Tribune's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Tribune, including the most recent Forms 10-K and 10-Q for additional information about Tribune and about the risks and uncertainties related to the business of Tribune which may affect the statements made in this presentation. Contacts: Alden:Davidson Goldin212.319.3451[emailprotected] Tribune: Investor Relations:Amy Bullis312.222.2102[emailprotected] Media:Max Reinsdorf847.867.6294[emailprotected] SOURCE Tribune Publishing Company |
edtsum292 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MILWAUKEE, Aug. 11, 2020 /PRNewswire/ --Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Danny Garcia-Velez to Vice President, Business Development. Danny Garcia-Velez Mr. Garcia-Velez has served MGIC since 2017 as Marketing Program Manager, Sr. and Marketing Program Director. Prior to this role he was a Vice President at the Homeownership Preservation Foundation where he led the program and counseling efforts. He received his education from Metropolitan State University in Saint Paul, Minn., where he studied urban planning, non-profit management and Spanish. "Danny's reputation is that of a problem-solver, a creative and critical thinker, and a leader in his relatively short tenure with MGIC," said Jay Hughes, Executive Vice President, Sales & Business Development. "His diverse skill set is a valuable asset for MGIC as we continue to transform our business and we are excited to work with him in his new role." About MGICMortgage Guaranty Insurance Corporation "MGIC" (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing and intends to continue to do so in the future. Such postings include corrections of previous disclosures and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.SOURCE MGIC Investment Corporation Related Links http://www.mgic.com
Answer: | MGIC promotes Danny Garcia-Velez to Vice President, Business Development | MILWAUKEE, Aug. 11, 2020 /PRNewswire/ --Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Danny Garcia-Velez to Vice President, Business Development. Danny Garcia-Velez Mr. Garcia-Velez has served MGIC since 2017 as Marketing Program Manager, Sr. and Marketing Program Director. Prior to this role he was a Vice President at the Homeownership Preservation Foundation where he led the program and counseling efforts. He received his education from Metropolitan State University in Saint Paul, Minn., where he studied urban planning, non-profit management and Spanish. "Danny's reputation is that of a problem-solver, a creative and critical thinker, and a leader in his relatively short tenure with MGIC," said Jay Hughes, Executive Vice President, Sales & Business Development. "His diverse skill set is a valuable asset for MGIC as we continue to transform our business and we are excited to work with him in his new role." About MGICMortgage Guaranty Insurance Corporation "MGIC" (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing and intends to continue to do so in the future. Such postings include corrections of previous disclosures and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.SOURCE MGIC Investment Corporation Related Links http://www.mgic.com |
edtsum293 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: WASHINGTON, Nov. 9, 2020 /PRNewswire/ --NASA has selected 17U.S. companies for 20 partnerships to mature industry-developed space technologies for the Moon and beyond. The NASA and industry teams will design a 3D printing system for NASA's Artemis lunar exploration program, test a simple method for removing dust from planetary solar arrays, mature a first-stage rocket recovery system for a small satellite launch provider, and more. Various NASA centers will work with the companies, ranging from small businesses and large aerospace companies to a previous NASA challenge winner, to provide expertise and access to the agency's unique testing facilities. The partnerships aim to accelerate the development of emerging space capabilities. "Space technology development doesn't happen in a vacuum," said Jim Reuter, the associate administrator for NASA's Space Technology Mission Directorate (STMD), which made the selections and will manage the partnerships. "Whether companies are pursuing space ventures of their own or maturing cutting-edge systems to one day offer a new service to NASA, the agency is dedicated to helping bring new capabilities to market for our mutual benefit." NASA made the following selections through the 2020Announcement of Collaboration Opportunity(ACO). The selected proposals are relevant to technology topic areas outlined in the solicitation, including cryogenic fluid management and propulsion; advanced propulsion; sustainable power; in-situ propellant and consumable production; intelligent/resilient systems and advanced robotics; advanced materials and structures; entry, descent, and landing; and small spacecraft technologies. The selected companies are: Aerojet Rocketdyne Inc. of Redmond, Washington Ahmic Aerospace LLC of Oakwood, Ohio AI SpaceFactory Inc. of Secaucus, New Jersey Blue Origin LLC of Kent, Washington (two selections) Box Elder Innovations LLC of Corinne, Utah Cornerstone Research Group Inc. of Miamisburg, Ohio Elementum 3D Inc. of Erie, Colorado Gloyer-Taylor Laboratories LLC of Tullahoma, Tennessee IN Space LLC of West Lafayette, Indiana Orbital Sciences Corporation (Northrop Grumman Space Systems Inc.) of Dulles, Virginia pH Matter LLC of Columbus, Ohio Phase Four Inc. of El Segundo, California Rocket Lab USA Inc. of Long Beach, California Sensuron LLC of Austin, Texas Space Exploration Technologies Corp. (SpaceX) of Hawthorne, California Space Systems Loral Inc. (Maxar Technologies) of Palo Alto, California (three selections) Stellar Exploration Inc. of San Luis Obispo, California The selections will result in unfunded Space Act Agreements between the companies and NASA. The period of performance will be negotiated for each agreement, with an expected duration of between 12 and 24 months. The total estimated value of agency resources to support the agreements is approximately $15.5 million. A proposal under the advanced materials and structures topic has potential benefits on the Moon, Mars, and even Earth. AI SpaceFactory, an architectural and technology design firm and winner of NASA's 3D Printed Habitat Challenge, will develop a new material that mimics lunar regolith, or dirt. Working with NASA's Kennedy Space Center in Florida, the company will 3D print a test structure in a vacuum chamber that mimics environmental conditions on the Moon. The research could inform a 3D printing system for constructing large surface structures from in-situ materials on other worlds. On Earth, a locally sourced, high-performance 3D print material could benefit the construction industry by simplifying supply chains and reducing material waste. SpaceX will partner with NASA's Langley Research Center in Hampton, Virginia, to capture imagery and thermal measurements of its Starship vehicle during orbital re-entry over the Pacific Ocean. With the data, the company plans to advance a reusable thermal protection system, which protects the vehicle from aerodynamic heating, for missions returning from low-Earth orbit, the Moon, and Mars. The Ohio-based small business Ahmic Aerospace will also mature new thermal protection systems by partnering with NASA's Ames Research Center in California's Silicon Valley. Ahmic will use Ames' Arc Jet Complexto test hardware and collect data about how materials behave under ablative conditions. For more information about NASA's 2020 ACO selections, visit: https://go.nasa.gov/35cxYdv Through ACO, NASA helps reduce the development cost of technologies and accelerate the infusion of emerging commercial capabilities into space missions. These partnerships complement NASA's Artemis program and help prepare the agency for its future exploration endeavors. With these agreements and NASA's 2020 Tipping Point partnerships, STMD supports technology development needed to establish a sustainable presence on the Moon and for future crewed missions to Mars. For more information about NASA space tech public-private partnership opportunities, visit: https://go.nasa.gov/36NebCx SOURCE NASA Related Links http://www.nasa.gov
Answer: | New NASA Partnerships to Mature Commercial Space Technologies, Capabilities | WASHINGTON, Nov. 9, 2020 /PRNewswire/ --NASA has selected 17U.S. companies for 20 partnerships to mature industry-developed space technologies for the Moon and beyond. The NASA and industry teams will design a 3D printing system for NASA's Artemis lunar exploration program, test a simple method for removing dust from planetary solar arrays, mature a first-stage rocket recovery system for a small satellite launch provider, and more. Various NASA centers will work with the companies, ranging from small businesses and large aerospace companies to a previous NASA challenge winner, to provide expertise and access to the agency's unique testing facilities. The partnerships aim to accelerate the development of emerging space capabilities. "Space technology development doesn't happen in a vacuum," said Jim Reuter, the associate administrator for NASA's Space Technology Mission Directorate (STMD), which made the selections and will manage the partnerships. "Whether companies are pursuing space ventures of their own or maturing cutting-edge systems to one day offer a new service to NASA, the agency is dedicated to helping bring new capabilities to market for our mutual benefit." NASA made the following selections through the 2020Announcement of Collaboration Opportunity(ACO). The selected proposals are relevant to technology topic areas outlined in the solicitation, including cryogenic fluid management and propulsion; advanced propulsion; sustainable power; in-situ propellant and consumable production; intelligent/resilient systems and advanced robotics; advanced materials and structures; entry, descent, and landing; and small spacecraft technologies. The selected companies are: Aerojet Rocketdyne Inc. of Redmond, Washington Ahmic Aerospace LLC of Oakwood, Ohio AI SpaceFactory Inc. of Secaucus, New Jersey Blue Origin LLC of Kent, Washington (two selections) Box Elder Innovations LLC of Corinne, Utah Cornerstone Research Group Inc. of Miamisburg, Ohio Elementum 3D Inc. of Erie, Colorado Gloyer-Taylor Laboratories LLC of Tullahoma, Tennessee IN Space LLC of West Lafayette, Indiana Orbital Sciences Corporation (Northrop Grumman Space Systems Inc.) of Dulles, Virginia pH Matter LLC of Columbus, Ohio Phase Four Inc. of El Segundo, California Rocket Lab USA Inc. of Long Beach, California Sensuron LLC of Austin, Texas Space Exploration Technologies Corp. (SpaceX) of Hawthorne, California Space Systems Loral Inc. (Maxar Technologies) of Palo Alto, California (three selections) Stellar Exploration Inc. of San Luis Obispo, California The selections will result in unfunded Space Act Agreements between the companies and NASA. The period of performance will be negotiated for each agreement, with an expected duration of between 12 and 24 months. The total estimated value of agency resources to support the agreements is approximately $15.5 million. A proposal under the advanced materials and structures topic has potential benefits on the Moon, Mars, and even Earth. AI SpaceFactory, an architectural and technology design firm and winner of NASA's 3D Printed Habitat Challenge, will develop a new material that mimics lunar regolith, or dirt. Working with NASA's Kennedy Space Center in Florida, the company will 3D print a test structure in a vacuum chamber that mimics environmental conditions on the Moon. The research could inform a 3D printing system for constructing large surface structures from in-situ materials on other worlds. On Earth, a locally sourced, high-performance 3D print material could benefit the construction industry by simplifying supply chains and reducing material waste. SpaceX will partner with NASA's Langley Research Center in Hampton, Virginia, to capture imagery and thermal measurements of its Starship vehicle during orbital re-entry over the Pacific Ocean. With the data, the company plans to advance a reusable thermal protection system, which protects the vehicle from aerodynamic heating, for missions returning from low-Earth orbit, the Moon, and Mars. The Ohio-based small business Ahmic Aerospace will also mature new thermal protection systems by partnering with NASA's Ames Research Center in California's Silicon Valley. Ahmic will use Ames' Arc Jet Complexto test hardware and collect data about how materials behave under ablative conditions. For more information about NASA's 2020 ACO selections, visit: https://go.nasa.gov/35cxYdv Through ACO, NASA helps reduce the development cost of technologies and accelerate the infusion of emerging commercial capabilities into space missions. These partnerships complement NASA's Artemis program and help prepare the agency for its future exploration endeavors. With these agreements and NASA's 2020 Tipping Point partnerships, STMD supports technology development needed to establish a sustainable presence on the Moon and for future crewed missions to Mars. For more information about NASA space tech public-private partnership opportunities, visit: https://go.nasa.gov/36NebCx SOURCE NASA Related Links http://www.nasa.gov |
edtsum294 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PITTSBURGH, April 8, 2020 /PRNewswire/ -- "My daughter wanted hot dogs while we were camping, and I did not have a way to hold them over the fire," said an inventor from Moosup, Conn. "This inspired me to develop a convenient grill that would do the work for me." He created a prototype for the patent-pending TRIPOD CAMPFIRE GRILL to provide an efficient way to cook various foods over an open fire. The unit keeps hands free and away from flames. The design enables the user to adjust the height of the grill with a full 360 degree rotation. No dishes are necessary. Additionally, the lightweight grill collapses for ease in storage and transport. The original design was submitted to the Connecticut sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-CPC-457, 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
Answer: | InventHelp Presents Convenient Campfire Grill (CPC-457) | PITTSBURGH, April 8, 2020 /PRNewswire/ -- "My daughter wanted hot dogs while we were camping, and I did not have a way to hold them over the fire," said an inventor from Moosup, Conn. "This inspired me to develop a convenient grill that would do the work for me." He created a prototype for the patent-pending TRIPOD CAMPFIRE GRILL to provide an efficient way to cook various foods over an open fire. The unit keeps hands free and away from flames. The design enables the user to adjust the height of the grill with a full 360 degree rotation. No dishes are necessary. Additionally, the lightweight grill collapses for ease in storage and transport. The original design was submitted to the Connecticut sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-CPC-457, 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 |
edtsum295 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ATLANTA, April 23, 2020 /PRNewswire/ --Ameris Bancorp (Nasdaq: ABCB) (the "Company")today reported net income of $19.3 million, or $0.28 per diluted share, for the quarter ended March 31, 2020, compared with $39.9 million, or $0.84 per diluted share, for the quarter ended March 31, 2019. The decline in net income is attributable to a $37.6 million increase in provision for loan loss expense and a $22.2 million servicing asset write-down in the first quarter of 2020. The Company reported adjusted net income of $39.2 million, or $0.56 per diluted share, for the quarter ended March31, 2020, compared with $42.6 million, or $0.90 per diluted share, for the same period in 2019. Adjusted net income excludes after-tax merger and conversion charges, servicing right valuation adjustments, restructuring charges related to previously announced branch consolidations, certain legal expenses, loss on sale of bank premises and expenses related to natural disasters and the COVID-19 pandemic, but does not exclude the increased provision for credit losses. Commenting on the Company's results, Palmer Proctor, the Company's Chief Executive Officer, said, "While this has certainly been a historically unprecedented quarter, I am proud that our company could absorb over $41 million of provision for credit loss expense and a $22 million write-down of our servicing assets and still produce net income of over $19 million. Our current allowance for loan loss ended the quarter at over $149 million, up from $38 million at year end, and our capital levels remain strong. We have committed bankers who continue to serve our customers and our communities through the COVID-19 pandemic and have been successful in lending $685 million under the Paycheck Protection Program ("PPP") in April. We are prepared to face the challenges of today's environment and we remain confident in our position for the future in these uncertain times." On January 1, 2020, the Company adopted ASC 326, which provides for an expected credit loss model, referred to as the "Current Expected Credit Loss" ("CECL") model. The adoption of this standard resulted in the opening balances of the allowance for credit losses increasing $91.4 million and shareholders' equity decreasing $56.7 million. In addition, the Company recorded $41.0 million of provision for credit loss expense in the first quarter of 2020, of which $37.0 million was expense for loan credit losses and $4.0 million was for an increase in unfunded commitment reserve. Net charge-offs for the first quarter of 2020 were $4.4 million. As a result of these items, at March 31, 2020, the allowance for loan loss was $149.5 million, and the total allowance for credit losses was $167.3 million, compared with $38.2 million and $39.3 million, respectively, at December 31, 2019. Significant items from the Company's results for the first quarter of 2020 include the following: Net income of $19.3 million, after pre-tax provision for credit losses of $41.0 million and servicing asset write-downs of $22.2 million Growth in adjusted total revenue of $12.9 million, or 6.1% when compared with the fourth quarter of 2019 Adjusted efficiency ratio of 59.87%, compared with 55.61%, in the fourth quarter of 2019 Adjusted return on average assets of 0.87%, compared with 1.47% in the fourth quarter of 2019 Net interest margin of 3.70%, compared with 3.86% in the fourth quarter of 2019 Improvement in deposit mix such that noninterest bearing deposits represent 30.53% of total deposits, up from 29.94% at December 31, 2019 and 28.09% a year ago Annualized net charge-offs of 0.14% of average total loans Non-performing assets of 0.61% of total assets, compared with 0.56% at the end of 2019 Following is a summary of the adjustments between reported net income and adjusted net income: Adjusted Net Income Reconciliation Three Months Ended March 31, (dollars in thousands, except per share data) 2020 2019 Net income available to common shareholders $ 19,322 $ 39,905 Adjustment items: Merger and conversion charges 540 2,057 Restructuring charges 245 Servicing right impairment 22,165 Natural disaster and pandemic charges 548 (89) Expenses related to SEC and DOJ investigation 1,443 Loss on sale of premises 470 919 Tax effect of adjustment items (5,283) (450) After-tax adjustment items 19,883 2,682 Adjusted net income $ 39,205 $ 42,587 Reported net income per diluted share $ 0.28 $ 0.84 Adjusted net income per diluted share $ 0.56 $ 0.90 Reported return on average assets 0.43 % 1.42 % Adjusted return on average assets 0.87 % 1.51 % Reported return on average common equity 3.16 % 10.95 % Adjusted return on average tangible common equity 10.98 % 18.82 % Net Interest Income and Net Interest MarginNet interest income on a tax-equivalent basis for the first quarter of 2020 totaled $149.0 million, compared with $156.5 million for the fourth quarter of 2019 and $100.5 million for the first quarter of 2019. The Company's net interest margin was 3.70% for the first quarter of 2020, down from 3.86% reported for the fourth quarter of 2019 and 3.95% reported for the first quarter of 2019. The decrease in net interest margin in the current quarter is primarily attributable to decreases in accretion income and the yield on loans as market interest rates declined, partially offset by a decrease in the cost of interest-bearing liabilities. Accretion income for the first quarter of 2020 decreased to $6.6 million, compared with $9.7 million for the fourth quarter of 2019, and increased from $2.9 million for the first quarter of 2019. The decrease in accretion income in the first quarter is primarily attributable to the successful resolution of an acquired non-performing loan during the fourth quarter of 2019 that had a substantial discount and stabilization in the level of payoffs of acquired loans. Yields on all loans decreased to 5.02% during the first quarter of 2020, compared with 5.28% for the fourth quarter of 2019 and 5.37% reported for the first quarter of 2019. Loan production in the banking division during the first quarter of 2020 totaled $918.4 million, with weighted average yields of 4.55%, compared with $1.1 billion and 4.70%, respectively, in the fourth quarter of 2019 and $613.5 million and 5.78%, respectively, in the first quarter of 2019. Loan production in the lines of business (including retail mortgage, warehouse lending, SBA and premium finance) amounted to an additional $3.9 billion during the first quarter of 2020, with weighted average yields of 4.15%, compared with $4.1 billion and 4.29%, respectively, during the fourth quarter of 2019 and $1.9 billion and 5.47%, respectively, during the first quarter of 2019. Interest expense during the first quarter of 2020 decreased to $34.8 million, compared with $38.7 million in the fourth quarter of 2019, and increased from $25.5 million in the first quarter of 2019. The Company's total cost of funds moved nine basis points lower to 0.91% in the first quarter of 2020 as compared with the fourth quarter of 2019. Deposit costs also decreased nine basis points during the first quarter of 2020 to 0.71%, compared with 0.80% in the fourth quarter of 2019. Costs of interest-bearing deposits decreased during the quarter from 1.13% in the fourth quarter of 2019 to 1.01% in the first quarter of 2020. Noninterest IncomeNoninterest income decreased $734,000, or 1.3%, in the first quarter of 2020 to $54.4 million, compared with $55.1 million for the fourth quarter of 2019, primarily as a result of decreased service charge revenue. Service charge revenue decreased $1.7 million, or 12.7%, to $11.8 million in the first quarter of 2020, compared with $13.6 million for the fourth quarter of 2019. This decrease was primarily attributable to a decline in interchange income of $626,000 and a decrease of $634,000 in NSF income resulting from a decrease in volume and a slight increase in waivers. Mortgage banking activity increased $2.2 million, or 6.5%, to $35.3 million in the first quarter of 2020, compared with $33.2 million for the fourth quarter of 2019. This increase was a result of expansion in our gain on sale spread. Gain on sale spreads increased to 2.88% in the first quarter of 2020 from 2.60% for the fourth quarter of 2019. Total production in the retail mortgage division decreased to $1.36 billion in the first quarter of 2020, compared with $1.57 billion for the fourth quarter of 2019. Mortgage banking activity was negatively impacted during the first quarter of 2020 by a $20.9 million servicing right impairment, compared with an impairment of $104,000 for the fourth quarter of 2019. The retail mortgage open pipeline finished the first quarter of 2020 at $2.43 billion, compared with $1.16 billion at December 31, 2019. Other noninterest income decreased $1.2 million, or 16.6%, in the first quarter of 2020 to $6.1 million, compared with $7.3 million for the fourth quarter of 2019, primarily as a result of an unfavorable fair value adjustment on our SBA servicing rights of $1.3 million for the first quarter of 2020. Noninterest ExpenseNoninterest expense increased $15.5 million, or 12.6%, to $138.1 million during the first quarter of 2020, compared with $122.6 million for the fourth quarter of 2019. During the first quarter of 2020, the Company recorded $3.0 million of charges to earnings, related to the previously announced SEC/DOJ investigations, merger and conversion charges, natural disaster and pandemic charges and loss on sale of premises, compared with $4.3 million in charges in the fourth quarter of 2019 that were related principally to merger and conversion charges and loss on sale of premises. Excluding these charges, adjusted expenses increased approximately $16.8 million, or 14.2%, to $135.1 million in the first quarter of 2020, from $118.3 million in the fourth quarter of 2019. The majority of this increase is attributable to variable expenses related to increased mortgage production and seasonal increase in payroll tax expense, as well as increases in credit resolution-related expenses, professional fees and FDIC insurance. The Company continues to focus on its operating efficiency ratio. The Company's adjusted efficiency ratio increased from 55.61% in the fourth quarter of 2019 to 59.87% in the first quarter of 2020. Income Tax ExpenseThe Company's effective tax rate for the first quarter of 2020 was 16.8%, compared with 25.5% in the fourth quarter of 2019. The decreased rate for the first quarter of 2020 was primarily a result of loss carrybacks allowed as a result of the recently enacted CARES Act. The elevated rate for the fourth quarter of 2019 resulted from a return to provision adjustment occurring when the Company filed its 2018 income tax returns during the fourth quarter of 2019 and additional tax expense in connection with merger-related compensation and acquired BOLI. Balance Sheet TrendsTotal assets at March31, 2020 were $18.2 billion, which is essentially unchanged from December 31, 2019. Total loans, including loans held for sale, were $14.49 billion at March31, 2020, compared with $14.48 billion at December 31, 2019. Total loans held for investment were $13.09 billion at March31, 2020, compared with $12.82 billion at December 31, 2019. Loans held for investment increased $275.6 million, or 8.6% annualized, compared with December 31, 2019. Loan production in the banking division during the first quarter of 2020 was down 16% from the fourth quarter of 2019, but was 50% higher than the first quarter of 2019. At March31, 2020, total deposits amounted to $13.84 billion, or 89.2% of total funding, compared with $14.03 billion and 90.1%, respectively, at December 31, 2019. At March31, 2020, noninterest-bearing deposit accounts were $4.23 billion, or 30.5% of total deposits, compared with $4.20 billion, or 29.9% of total deposits, at December 31, 2019. Non-rate sensitive deposits (including non-interest bearing, NOW and savings) totaled $7.14 billion at March31, 2020, compared with $7.21 billion at December 31, 2019. These funds represented 51.6% of the Company's total deposits at March31, 2020, compared with 51.4% at the end of 2019. Shareholders' equity at March31, 2020 totaled $2.44 billion, a decrease of $32.4 million, or 1.3%, from December 31, 2019. The decrease in shareholders' equity was primarily the result of the CECL adoption impact of $56.7 million and dividends declared, partially offset by earnings of $19.3 million during the first quarter of 2020. Tangible book value per share was $20.44 at March31, 2020, compared with $20.81 at December 31, 2019. Tangible common equity as a percentage of tangible assets was 8.25% at March31, 2020, compared with 8.40% at the end of the 2019. Credit QualityCredit quality remains strong in the Company. During the first quarter of 2020, the Company recorded provision for credit losses of $41.0 million, compared with $5.7 million in the fourth quarter of 2019. This increase in provision was primarily attributable to declines in forecasted economic conditions, particularly levels of unemployment and GDP, compared with conditions at the adoption of CECL. The Company has been prudently working with borrowers to support their credit needs during the challenging economic conditions and monitoring the level of modifications on a daily basis. Certain loans modified in response to the COVID-19 pandemic were downgraded to risk grade 5 out of an abundance of caution. Nonperforming assets as a percentage of total assets increased by five basis points to 0.61% during the quarter. The increase in nonperforming assets is primarily a result of the migration of a small number of credits to nonaccrual and OREO and an increase in accruing loans delinquent 90 days or more in our premium finance division. The net charge-off ratio was 14 basis points for the first quarter of 2020, compared with nine basis points in the fourth quarter of 2019 and 17 basis points in the first quarter of 2019. Conference CallThe Company will host a teleconference at 9:00 a.m. Eastern time Friday, April 24, 2020, to discuss the Company's results and answer appropriate questions. The conference call can be accessed by dialing 1-877-504-1190 (or 1-855-669-9657 for participants in Canada and 1-412-902-6630 for other international participants). The conference ID name is Ameris Bancorp ABCB. A replay of the call will be available one hour after the end of the conference call until May 8, 2020. To listen to the replay, dial 1-877-344-7529 (or 1-855-669-9658 for participants in Canada and 1-412-317-0088 for other international participants). The conference replay access code is 10142204. The conference call replay and the financial information discussed will also be available on the Investor Relations page of the Ameris Bank website at ir.amerisbank.com. About Ameris BancorpAmeris Bancorp is a bank holding company headquartered in Atlanta, Georgia. The Company's banking subsidiary, Ameris Bank, had 170 locations in Georgia, Florida, South Carolina and Alabama at the end of the most recent quarter. This news release contains certain performance measures determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The Company's management uses these non-GAAP measures in its analysis of the Company's performance. These measures are useful when evaluating the underlying performance and efficiency of the Company's operations and balance sheet. The Company's management believes that these non-GAAP measures provide a greater understanding of ongoing operations, enhance comparability of results with prior periods and demonstrate the effects of significant gains and charges in the current period. The Company's management believes that investors may use these non-GAAP financial measures to evaluate the Company's financial performance without the impact of unusual items that may obscure trends in the Company's underlying performance. These disclosures should not be viewed as a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. This news release contains forward-looking statements, as defined by federal securities laws, including, among other forward-looking statements, certain plans, expectations and goals. Words such as "may," "believe," "expect," "anticipate," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology, as well as similar expressions, are meant to identify forward-looking statements. The forward-looking statements in this news release are based on current expectations and are provided to assist in the understanding of potential future performance. Such forward-looking statements involve numerous assumptions, risks and uncertainties that may cause actual results to differ materially from those expressed or implied in any such statements, including, without limitation, the following: general competitive, economic, political and market conditions and fluctuations; movements in interest rates and our expectations regarding net interest margin; expectations on credit quality and performance; legislative and regulatory changes; the impact of the COVID-19 pandemic on the general economy, our customers and the allowance for loan losses; the benefits that may be realized by our customers from government assistance programs and regulatory actions related to the COVID-19 pandemic; competitive pressures on product pricing and services; the cost savings and any revenue synergies expected to result from acquisition transactions, which may not be fully realized within the expected timeframes if at all; the success and timing of other business strategies; our outlook and long-term goals for future growth; and natural disasters, geopolitical events, public health crises and other catastrophic events beyond our control. For a discussion of some of the other risks and other factors that may cause such forward-looking statements to differ materially from actual results, please refer to the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2019, as amended, and its subsequently filed periodic reports and other filings. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Financial Highlights Table 1 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 EARNINGS Net income $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 Adjusted net income $ 39,205 $ 66,608 $ 68,539 $ 45,210 $ 42,587 COMMON SHARE DATA Earnings per share available to common shareholders Basic $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 Diluted $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 Adjusted diluted EPS $ 0.56 $ 0.96 $ 0.98 $ 0.96 $ 0.90 Cash dividends per share $ 0.15 $ 0.15 $ 0.15 $ 0.10 $ 0.10 Book value per share (period end) $ 35.10 $ 35.53 $ 34.78 $ 32.52 $ 31.43 Tangible book value per share (period end) $ 20.44 $ 20.81 $ 20.29 $ 20.81 $ 19.73 Weighted average number of shares Basic 69,247,661 69,429,193 69,372,125 47,310,561 47,366,296 Diluted 69,502,022 69,683,999 69,600,499 47,337,809 47,456,314 Period end number of shares 69,441,274 69,503,833 69,593,833 47,261,584 47,585,309 Market data High intraday price $ 43.79 $ 44.90 $ 40.65 $ 39.60 $ 42.01 Low intraday price $ 17.89 $ 38.34 $ 33.71 $ 33.57 $ 31.27 Period end closing price $ 23.76 $ 42.54 $ 40.24 $ 39.19 $ 34.35 Average daily volume 461,692 353,783 461,289 352,684 387,800 PERFORMANCE RATIOS Return on average assets 0.43 % 1.35 % 0.49 % 1.34 % 1.42 % Adjusted return on average assets 0.87 % 1.47 % 1.57 % 1.56 % 1.51 % Return on average common equity 3.16 % 9.97 % 3.49 % 10.27 % 10.95 % Adjusted return on average tangible common equity 10.98 % 18.45 % 18.95 % 18.79 % 18.82 % Earning asset yield (TE) 4.56 % 4.82 % 4.86 % 4.95 % 4.95 % Total cost of funds 0.91 % 1.00 % 1.07 % 1.10 % 1.05 % Net interest margin (TE) 3.70 % 3.86 % 3.84 % 3.91 % 3.95 % Noninterest income excluding securities transactions, as a percent of total revenue (TE) 22.83 % 22.02 % 28.89 % 21.27 % 19.59 % Efficiency ratio 68.23 % 58.24 % 85.35 % 59.36 % 57.95 % Adjusted efficiency ratio (TE) 59.87 % 55.61 % 57.25 % 53.77 % 55.12 % CAPITAL ADEQUACY (period end) Shareholders' equity to assets 13.37 % 13.54 % 13.63 % 12.93 % 12.83 % Tangible common equity to tangible assets 8.25 % 8.40 % 8.43 % 8.68 % 8.46 % EQUITY TO ASSETS RECONCILIATION Tangible common equity to tangible assets 8.25 % 8.40 % 8.43 % 8.68 % 8.46 % Effect of goodwill and other intangibles 5.12 % 5.14 % 5.20 % 4.25 % 4.37 % Equity to assets (GAAP) 13.37 % 13.54 % 13.63 % 12.93 % 12.83 % OTHER DATA (period end) Full time equivalent employees Banking Division 1,865 1,913 2,001 1,336 1,343 Retail Mortgage Division 689 690 785 348 328 Warehouse Lending Division 9 9 9 10 9 SBA Division 44 42 45 21 22 Premium Finance Division 72 68 66 62 64 Total Ameris Bancorp FTE headcount 2,679 2,722 2,906 1,777 1,766 Assets per Banking Division FTE $ 9,772 $ 9,536 $ 8,878 $ 8,889 $ 8,679 Branch locations 170 170 172 114 114 Deposits per branch location $ 81,439 $ 82,512 $ 79,416 $ 84,056 $ 85,973 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Income Statement Table 2 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 Interest income Interest and fees on loans $ 171,242 $ 182,391 $ 175,046 $ 117,010 $ 112,401 Interest on taxable securities 10,082 10,358 11,354 9,383 9,043 Interest on nontaxable securities 157 167 168 102 156 Interest on deposits in other banks 1,211 1,091 1,622 2,276 3,150 Interest on federal funds sold 76 69 171 257 179 Total interest income 182,768 194,076 188,361 129,028 124,929 Interest expense Interest on deposits 24,102 27,970 29,425 23,454 21,684 Interest on other borrowings 10,721 10,755 10,167 3,923 3,850 Total interest expense 34,823 38,725 39,592 27,377 25,534 Net interest income 147,945 155,351 148,769 101,651 99,395 Provision for loan losses 37,047 5,693 5,989 4,668 3,408 Provision for unfunded commitments 4,000 Provision for credit losses 41,047 5,693 5,989 4,668 3,408 Net interest income after provision for credit losses 106,898 149,658 142,780 96,983 95,987 Noninterest income Service charges on deposits accounts 11,844 13,567 13,411 12,168 11,646 Mortgage banking activity 35,333 33,168 53,041 18,523 14,677 Other service charges, commissions and fees 1,128 1,085 1,236 803 789 Gain (loss) on securities (9) (1) 4 69 66 Other noninterest income 6,083 7,294 9,301 3,673 3,593 Total noninterest income 54,379 55,113 76,993 35,236 30,771 Noninterest expense Salaries and employee benefits 75,946 69,642 77,633 38,331 38,332 Occupancy and equipment expenses 12,028 11,919 12,639 7,834 8,204 Data processing and telecommunications expenses 11,954 11,362 10,372 8,388 8,391 Credit resolution related expenses(1) 2,198 1,098 1,094 979 911 Advertising and marketing expenses 2,358 2,250 1,949 1,987 1,741 Amortization of intangible assets 5,631 5,741 5,719 3,121 3,132 Merger and conversion charges 540 2,415 65,158 3,475 2,057 Other noninterest expenses 27,398 18,137 18,133 17,136 12,657 Total noninterest expense 138,053 122,564 192,697 81,251 75,425 Income before income tax expense 23,224 82,207 27,076 50,968 51,333 Income tax expense 3,902 20,959 5,692 12,064 11,428 Net income (loss) $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 Diluted earnings per common share $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 (1) Includes expenses associated with problem loans and OREO, as well as OREO losses and writedowns. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Period End Balance Sheet Table 3 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Assets Cash and due from banks $ 255,312 $ 246,234 $ 193,976 $ 151,186 $ 144,801 Federal funds sold and interest-bearing deposits in banks 396,844 375,615 285,713 186,969 712,199 Time deposits in other banks 249 249 499 748 7,371 Investment securities available for sale, at fair value 1,353,040 1,403,403 1,491,207 1,273,244 1,234,435 Other investments 81,754 66,919 66,921 32,481 15,157 Loans held for sale, at fair value 1,398,229 1,656,711 1,187,551 261,073 112,070 Loans, net of unearned income 13,094,106 12,818,476 12,826,284 9,049,870 8,482,339 Allowance for loan losses (149,524) (38,189) (35,530) (31,793) (28,659) Loans, net 12,944,582 12,780,287 12,790,754 9,018,077 8,453,680 Other real estate owned 21,027 19,500 20,710 14,675 16,871 Premises and equipment, net 231,347 233,102 239,428 141,378 141,698 Goodwill 931,947 931,637 911,488 501,140 501,308 Other intangible assets, net 85,955 91,586 97,328 52,437 55,557 Cash value of bank owned life insurance 176,239 175,270 174,442 105,064 104,597 Deferred income taxes, net 24,196 2,180 22,111 30,812 33,295 Other assets 323,827 259,886 282,149 120,052 123,236 Total assets $ 18,224,548 $ 18,242,579 $ 17,764,277 $ 11,889,336 $ 11,656,275 Liabilities Deposits Noninterest-bearing $ 4,226,253 $ 4,199,448 $ 4,077,856 $ 2,771,443 $ 2,753,173 Interest-bearing 9,618,365 9,827,625 9,581,738 6,810,927 7,047,702 Total deposits 13,844,618 14,027,073 13,659,594 9,582,370 9,800,875 Federal funds purchased and securities sold under agreements to repurchase 15,160 20,635 17,744 3,307 4,259 Other borrowings 1,543,371 1,398,709 1,351,172 564,636 151,454 Subordinated deferrable interest debentures 122,890 127,560 127,075 89,871 89,529 FDIC loss-share payable, net 18,111 19,642 19,490 20,596 18,834 Other liabilities 243,248 179,378 168,479 91,435 95,740 Total liabilities 15,787,398 15,772,997 15,343,554 10,352,215 10,160,691 Shareholders' Equity Preferred stock Common stock 71,652 71,500 71,447 49,099 49,126 Capital stock 1,908,721 1,907,108 1,904,789 1,053,500 1,053,190 Retained earnings 460,153 507,950 457,127 446,182 412,005 Accumulated other comprehensive income (loss), net of tax 39,551 17,995 15,482 16,462 (1,178) Treasury stock (42,927) (34,971) (28,122) (28,122) (17,559) Total shareholders' equity 2,437,150 2,469,582 2,420,723 1,537,121 1,495,584 Total liabilities and shareholders' equity $ 18,224,548 $ 18,242,579 $ 17,764,277 $ 11,889,336 $ 11,656,275 Other Data Earning assets $ 16,324,222 $ 16,321,373 $ 15,858,175 $ 10,804,385 $ 10,563,571 Intangible assets 1,017,902 1,023,223 1,008,816 553,577 556,865 Interest-bearing liabilities 11,299,786 11,374,529 11,077,729 7,468,741 7,292,944 Average assets 18,056,445 17,998,494 17,340,387 11,625,344 11,423,677 Average common shareholders' equity 2,456,617 2,437,272 2,432,182 1,519,598 1,478,462 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Asset Quality Information Table 4 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Allowance for Credit Losses Balance at beginning of period $ 39,266 $ 36,607 $ 31,793 $ 28,659 $ 28,819 CECL adoption impact on allowance for loan losses 78,660 CECL adoption impact on allowance for unfunded commitments 12,714 Total CECL adoption impact 91,374 Acquisition accounting impact 1,077 Provision for loan losses 37,047 5,693 5,989 4,668 3,408 Provision for unfunded commitments 4,000 Provision for credit losses 41,047 5,693 5,989 4,668 3,408 Charge-offs 6,717 5,664 5,249 3,496 5,379 Recoveries 2,345 2,630 2,997 1,962 1,811 Net charge-offs 4,372 3,034 2,252 1,534 3,568 Ending balance $ 167,315 $ 39,266 $ 36,607 $ 31,793 $ 28,659 Allowance for loan losses $ 149,524 $ 38,189 $ 35,530 $ 31,793 $ 28,659 Allowance for unfunded commitments 17,791 1,077 1,077 Total allowance for credit losses $ 167,315 $ 39,266 $ 36,607 $ 31,793 $ 28,659 Net Charge-off Information Charge-offs Commercial, financial and agricultural $ 3,316 $ 2,713 $ 1,757 $ 1,337 $ 2,004 Real estate - construction and development 145 244 25 Real estate - commercial and farmland 927 181 1,318 589 1,254 Real estate - residential 100 100 37 155 199 Consumer installment 2,374 2,525 2,210 1,171 1,897 Total charge-offs 6,717 5,664 5,322 3,496 5,379 Recoveries Commercial, financial and agricultural 1,046 1,293 1,036 1,032 1,233 Real estate - construction and development 342 429 930 269 117 Real estate - commercial and farmland 85 140 74 78 39 Real estate - residential 207 67 169 294 207 Consumer installment 665 701 861 289 215 Total recoveries 2,345 2,630 3,070 1,962 1,811 Net charge-offs $ 4,372 $ 3,034 $ 2,252 $ 1,534 $ 3,568 Non-Performing Assets Nonaccrual loans $ 77,866 $ 75,124 $ 100,501 $ 41,479 $ 41,879 Other real estate owned 21,027 19,500 20,710 14,675 16,871 Repossessed assets 783 939 1,258 Accruing loans delinquent 90 days or more 11,969 5,754 6,325 4,613 3,676 Total non-performing assets $ 111,645 $ 101,317 $ 128,794 $ 60,767 $ 62,426 Asset Quality Ratios Non-performing assets as a percent of total assets 0.61 % 0.56 % 0.73 % 0.51 % 0.54 % Net charge-offs as a percent of average loans (annualized) 0.14 % 0.09 % 0.07 % 0.07 % 0.17 % AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Loan Information Table 5 Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Loans by Type Commercial, financial and agricultural $ 2,246,927 $ 2,030,711 $ 2,166,592 $ 1,900,811 $ 1,710,879 Real estate - construction and development 1,628,367 1,549,061 1,468,695 1,103,550 915,976 Real estate - commercial and farmland 4,516,451 4,353,039 4,209,912 3,182,213 3,175,452 Real estate - residential 3,252,090 3,334,831 3,380,356 2,389,101 2,216,927 Consumer installment 1,450,271 1,550,834 1,600,729 474,195 463,105 Total loans $ 13,094,106 $ 12,818,476 $ 12,826,284 $ 9,049,870 $ 8,482,339 Troubled Debt Restructurings Accruing troubled debt restructurings Commercial, financial and agricultural $ 798 $ 672 $ 680 $ 331 $ 147 Real estate - construction and development 925 936 947 1,124 1,153 Real estate - commercial and farmland 5,587 6,732 8,617 8,793 9,058 Real estate - residential 29,021 21,261 21,472 21,124 20,537 Consumer installment 4 8 9 10 11 Total accruing troubled debt restructurings $ 36,335 $ 29,609 $ 31,725 $ 31,382 $ 30,906 Nonaccrual troubled debt restructurings Commercial, financial and agricultural $ 335 $ 335 $ 144 $ 162 $ 167 Real estate - construction and development 289 253 258 265 270 Real estate - commercial and farmland 2,415 2,071 1,958 2,109 2,027 Real estate - residential 3,992 2,857 2,103 1,760 1,749 Consumer installment 105 107 120 123 113 Total nonaccrual troubled debt restructurings $ 7,136 $ 5,623 $ 4,583 $ 4,419 $ 4,326 Total troubled debt restructurings $ 43,471 $ 35,232 $ 36,308 $ 35,801 $ 35,232 Loans by Risk Grade Grade 1 - Prime credit $ 774,956 $ 587,877 $ 613,281 $ 622,034 $ 621,328 Grade 2 - Strong credit 785,770 840,372 856,618 811,690 672,526 Grade 3 - Good credit 5,772,834 6,034,398 6,086,576 3,829,422 3,303,143 Grade 4 - Satisfactory credit 4,353,733 4,884,541 4,746,020 3,401,265 3,517,166 Grade 5 - Fair credit 1,131,128 233,020 252,424 211,229 178,176 Grade 6 - Other assets especially mentioned 106,885 86,412 114,235 64,075 71,548 Grade 7 - Substandard 168,561 151,846 157,114 110,152 118,446 Grade 8 - Doubtful 239 8 14 Grade 9 - Loss 2 2 3 6 Total loans $ 13,094,106 $ 12,818,476 $ 12,826,284 $ 9,049,870 $ 8,482,339 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Average Balances Table 6 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Earning Assets Federal funds sold $ 27,380 $ 23,104 $ 28,459 $ 41,683 $ 31,291 Interest-bearing deposits in banks 419,260 304,427 324,127 341,937 467,379 Time deposits in other banks 249 401 548 3,792 10,221 Investment securities - taxable 1,359,651 1,426,062 1,514,534 1,233,297 1,186,896 Investment securities - nontaxable 22,839 23,580 23,759 15,288 24,136 Other investments 73,972 64,852 53,712 15,830 14,532 Loans held for sale 1,587,131 1,537,648 856,572 154,707 101,521 Loans 12,712,997 12,697,912 12,677,063 8,740,561 8,483,978 Total Earning Assets $ 16,203,479 $ 16,077,986 $ 15,478,774 $ 10,547,095 $ 10,319,954 Deposits Noninterest-bearing deposits $ 4,080,920 $ 4,124,872 $ 4,040,592 $ 2,723,843 $ 2,545,043 NOW accounts 2,287,947 2,204,666 2,049,175 1,506,721 1,553,988 MMDA 4,004,644 3,953,717 3,815,185 2,655,108 2,677,015 Savings accounts 643,422 649,118 661,555 405,506 399,089 Retail CDs 2,624,209 2,721,829 2,804,243 1,962,422 1,892,138 Brokered CDs 61,190 249,644 150,176 486,292 510,301 Total Deposits 13,702,332 13,903,846 13,520,926 9,739,892 9,577,574 Non-Deposit Funding Federal funds purchased and securities sold under agreements to repurchase 15,637 17,088 19,914 3,213 15,879 FHLB advances 1,267,303 1,080,516 810,384 22,390 6,257 Other borrowings 269,454 234,001 220,918 145,453 145,473 Subordinated deferrable interest debentures 127,731 127,292 133,519 89,686 89,343 Total Non-Deposit Funding 1,680,125 1,458,897 1,184,735 260,742 256,952 Total Funding $ 15,382,457 $ 15,362,743 $ 14,705,661 $ 10,000,634 $ 9,834,526 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Interest Income and Interest Expense (TE) Table 7 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Interest Income Federal funds sold $ 76 $ 69 $ 171 $ 257 $ 179 Interest-bearing deposits in banks 1,210 1,089 1,620 2,260 3,099 Time deposits in other banks 1 2 2 16 51 Investment securities - taxable 10,082 10,358 11,354 9,383 9,043 Investment securities - nontaxable (TE) 199 212 213 129 197 Loans held for sale 13,637 14,330 7,889 1,632 1,152 Loans (TE) 158,636 169,119 168,239 116,413 112,266 Total Earning Assets $ 183,841 $ 195,179 $ 189,488 $ 130,090 $ 125,987 Accretion income (included above) $ 6,562 $ 9,727 $ 4,222 $ 3,103 $ 2,883 Interest Expense Interest-Bearing Deposits NOW accounts $ 2,774 $ 2,728 $ 2,843 $ 2,260 $ 2,109 MMDA 9,748 11,311 12,593 9,488 9,047 Savings accounts 210 233 274 85 77 Retail CDs 11,064 12,220 12,905 8,585 7,330 Brokered CDs 306 1,478 810 3,036 3,121 Total Interest-Bearing Deposits 24,102 27,970 29,425 23,454 21,684 Non-Deposit Funding Federal funds purchased and securities sold under agreements to repurchase 40 41 32 2 11 FHLB advances 5,109 5,241 4,618 141 44 Other borrowings 3,511 3,358 3,332 2,210 2,227 Subordinated deferrable interest debentures 2,061 2,115 2,185 1,570 1,568 Total Non-Deposit Funding 10,721 10,755 10,167 3,923 3,850 Total Interest-Bearing Funding $ 34,823 $ 38,725 $ 39,592 $ 27,377 $ 25,534 Net Interest Income (TE) $ 149,018 $ 156,454 $ 149,896 $ 102,713 $ 100,453 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Yields(1) Table 8 Three Months Ended Mar Dec Sep Jun Mar 2020 2019 2019 2019 2019 Earning Assets Federal funds sold 1.12 % 1.18 % 2.38 % 2.47 % 2.32 % Interest-bearing deposits in banks 1.16 % 1.42 % 1.98 % 2.65 % 2.69 % Time deposits in other banks 1.62 % 1.98 % 1.45 % 1.69 % 2.02 % Investment securities - taxable 2.98 % 2.88 % 2.97 % 3.05 % 3.09 % Investment securities - nontaxable (TE) 3.50 % 3.57 % 3.56 % 3.38 % 3.31 % Loans held for sale 3.46 % 3.70 % 3.65 % 4.23 % 4.60 % Loans (TE) 5.02 % 5.28 % 5.16 % 5.32 % 5.37 % Total Earning Assets 4.56 % 4.82 % 4.86 % 4.95 % 4.95 % Interest-Bearing Deposits NOW accounts 0.49 % 0.49 % 0.55 % 0.60 % 0.55 % MMDA 0.98 % 1.14 % 1.31 % 1.43 % 1.37 % Savings accounts 0.13 % 0.14 % 0.16 % 0.08 % 0.08 % Retail CDs 1.70 % 1.78 % 1.83 % 1.75 % 1.57 % Brokered CDs 2.01 % 2.35 % 2.14 % 2.50 % 2.48 % Total Interest-Bearing Deposits 1.01 % 1.13 % 1.23 % 1.34 % 1.25 % Non-Deposit Funding Federal funds purchased and securities sold under agreements to repurchase 1.03 % 0.95 % 0.64 % 0.25 % 0.28 % FHLB advances 1.62 % 1.92 % 2.26 % 2.53 % 2.85 % Other borrowings 5.24 % 5.69 % 5.98 % 6.09 % 6.21 % Subordinated deferrable interest debentures 6.49 % 6.59 % 6.49 % 7.02 % 7.12 % Total Non-Deposit Funding 2.57 % 2.92 % 3.40 % 6.03 % 6.08 % Total Interest-Bearing Liabilities 1.24 % 1.37 % 1.47 % 1.51 % 1.42 % Net Interest Spread 3.32 % 3.45 % 3.39 % 3.44 % 3.53 % Net Interest Margin(2) 3.70 % 3.86 % 3.84 % 3.91 % 3.95 % Total Cost of Funds(3) 0.91 % 1.00 % 1.07 % 1.10 % 1.05 % (1) Interest and average rates are calculated on a tax-equivalent basis using an effective tax rate of 21%. (2) Rate calculated based on average earning assets. (3) Rate calculated based on total average funding including noninterest-bearing deposits. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Non-GAAP Reconciliations Adjusted Net Income Table 9A Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 Net income available to common shareholders $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 Adjustment items: Merger and conversion charges 540 2,415 65,158 3,475 2,057 Restructuring charges 245 Servicing right impairment (recovery) 22,165 366 (1,319) 1,460 Gain on BOLI proceeds 752 (4,335) Expenses related to SEC/DOJ Investigation 1,443 463 Natural disaster and pandemic charges 548 50 (89) Loss on sale of premises 470 1,413 889 2,800 919 Tax effect of adjustment items (Note 1) (5,283) (898) (13,238) (1,479) (450) After tax adjustment items 19,883 4,511 47,155 6,306 2,682 Tax expense attributable to acquisition related compensation and acquired BOLI 849 Adjusted net income $ 39,205 $ 66,608 $ 68,539 $ 45,210 $ 42,587 Weighted average number of shares - diluted 69,502,022 69,683,999 69,600,499 47,337,809 47,456,314 Net income per diluted share $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 Adjusted net income per diluted share $ 0.56 $ 0.96 $ 0.98 $ 0.96 $ 0.90 Average assets $ 18,056,445 $ 17,998,494 $ 17,340,387 $ 11,625,344 $ 11,423,677 Return on average assets 0.43 % 1.35 % 0.49 % 1.34 % 1.42 % Adjusted return on average assets 0.87 % 1.47 % 1.57 % 1.56 % 1.51 % Average common equity $ 2,456,617 $ 2,437,272 $ 2,432,182 $ 1,519,598 $ 1,478,462 Average tangible common equity $ 1,436,108 $ 1,432,081 $ 1,434,829 $ 964,841 $ 917,876 Return on average common equity 3.16 % 9.97 % 3.49 % 10.27 % 10.95 % Adjusted return on average tangible common equity 10.98 % 18.45 % 18.95 % 18.79 % 18.82 % Note 1: A portion of the merger and conversion charges for all periods are nondeductible for tax purposes. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Non-GAAP Reconciliations (continued) Adjusted Efficiency Ratio (TE) Table 9B Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Adjusted Noninterest Expense Total noninterest expense $ 138,053 $ 122,564 $ 192,697 $ 81,251 $ 75,425 Adjustment items: Merger and conversion charges (540) (2,415) (65,158) (3,475) (2,057) Restructuring charges (245) Expenses related to SEC/DOJ Investigation (1,443) (463) Natural disaster and pandemic charges (548) (50) 89 Loss on sale of premises (470) (1,413) (889) (2,800) (919) Adjusted noninterest expense $ 135,052 $ 118,273 $ 126,650 $ 74,926 $ 72,293 Total Revenue Net interest income $ 147,945 $ 155,351 $ 148,769 $ 101,651 $ 99,395 Noninterest income 54,379 55,113 76,993 35,236 30,771 Total revenue $ 202,324 $ 210,464 $ 225,762 $ 136,887 $ 130,166 Adjusted Total Revenue Net interest income (TE) $ 149,018 $ 156,454 $ 149,896 $ 102,713 $ 100,453 Noninterest income 54,379 55,113 76,993 35,236 30,771 Total revenue (TE) 203,397 211,567 226,889 137,949 131,224 Adjustment items: (Gain) loss on securities 9 (1) (4) (69) (66) Loss (gain) on BOLI proceeds 752 (4,335) Servicing right impairment (recovery) 22,165 366 (1,319) 1,460 Adjusted total revenue (TE) $ 225,571 $ 212,684 $ 221,231 $ 139,340 $ 131,158 Efficiency ratio 68.23 % 58.24 % 85.35 % 59.36 % 57.95 % Adjusted efficiency ratio (TE) 59.87 % 55.61 % 57.25 % 53.77 % 55.12 % Tangible Book Value Per Share Table 9C Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 Total shareholders' equity $ 2,437,150 $ 2,469,582 $ 2,420,723 $ 1,537,121 $ 1,495,584 Less: Goodwill 931,947 931,637 911,488 501,140 501,308 Other intangibles, net 85,955 91,586 97,328 52,437 55,557 Total tangible shareholders' equity $ 1,419,248 $ 1,446,359 $ 1,411,907 $ 983,544 $ 938,719 Period end number of shares 69,441,274 69,503,833 69,593,833 47,261,584 47,585,309 Book value per share (period end) $ 35.10 $ 35.53 $ 34.78 $ 32.52 $ 31.43 Tangible book value per share (period end) $ 20.44 $ 20.81 $ 20.29 $ 20.81 $ 19.73 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Segment Reporting Table 10 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Banking Division Net interest income $ 118,375 $ 124,957 $ 124,262 $ 84,755 $ 85,039 Provision for loan losses 35,997 4,741 3,549 2,306 2,058 Noninterest income 17,773 18,632 21,173 14,830 14,370 Noninterest expense Salaries and employee benefits 41,621 38,180 39,794 24,228 27,932 Occupancy and equipment expenses 10,347 10,216 10,750 7,034 7,281 Data processing and telecommunications expenses 10,797 10,156 9,551 7,635 7,592 Other noninterest expenses 30,645 23,176 87,059 22,728 16,956 Total noninterest expense 93,410 81,728 147,154 61,625 59,761 Income before income tax expense 6,741 57,120 (5,268) 35,654 37,590 Income tax expense (benefit) 275 15,412 (1,269) 8,691 8,775 Net income (loss) $ 6,466 $ 41,708 $ (3,999) $ 26,963 $ 28,815 Retail Mortgage Division Net interest income $ 17,756 $ 18,223 $ 13,009 $ 7,567 $ 5,753 Provision for loan losses 1,997 1,237 1,490 609 136 Noninterest income 34,369 33,335 52,493 18,070 14,290 Noninterest expense Salaries and employee benefits 31,097 28,233 34,144 11,886 8,207 Occupancy and equipment expenses 1,504 1,544 1,686 670 766 Data processing and telecommunications expenses 986 1,034 660 394 330 Other noninterest expenses 5,875 4,553 3,484 2,385 2,114 Total noninterest expense 39,462 35,364 39,974 15,335 11,417 Income before income tax expense 10,666 14,957 24,038 9,693 8,490 Income tax expense 2,408 3,371 5,048 2,170 1,613 Net income $ 8,258 $ 11,586 $ 18,990 $ 7,523 $ 6,877 Warehouse Lending Division Net interest income $ 3,302 $ 3,771 $ 3,169 $ 2,987 $ 2,690 Provision for loan losses (9) 67 Noninterest income 960 610 560 450 379 Noninterest expense Salaries and employee benefits 210 325 286 162 161 Occupancy and equipment expenses 1 1 2 1 1 Data processing and telecommunications expenses 41 47 41 38 30 Other noninterest expenses 34 53 27 75 68 Total noninterest expense 286 426 356 276 260 Income before income tax expense 3,985 3,888 3,373 3,161 2,809 Income tax expense 837 816 708 664 590 Net income $ 3,148 $ 3,072 $ 2,665 $ 2,497 $ 2,219 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Segment Reporting (continued) Table 10 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 SBA Division Net interest income $ 2,181 $ 2,190 $ 2,573 $ 1,182 $ 1,086 Provision for loan losses (903) 150 (15) 178 231 Noninterest income 1,277 2,536 2,766 1,883 1,730 Noninterest expense Salaries and employee benefits 1,476 1,336 1,985 735 727 Occupancy and equipment expenses 97 79 66 65 59 Data processing and telecommunications expenses 13 5 22 3 2 Other noninterest expenses 515 402 503 359 387 Total noninterest expense 2,101 1,822 2,576 1,162 1,175 Income before income tax expense 2,260 2,754 2,778 1,725 1,410 Income tax expense 475 578 584 362 296 Net income $ 1,785 $ 2,176 $ 2,194 $ 1,363 $ 1,114 Premium Finance Division Net interest income $ 6,331 $ 6,210 $ 5,756 $ 5,160 $ 4,827 Provision for loan losses 3,965 (502) 965 1,575 983 Noninterest income 1 3 2 Noninterest expense Salaries and employee benefits 1,542 1,568 1,424 1,320 1,305 Occupancy and equipment expenses 79 79 135 64 97 Data processing and telecommunications expenses 117 120 98 318 437 Other noninterest expenses 1,056 1,457 980 1,151 973 Total noninterest expense 2,794 3,224 2,637 2,853 2,812 (Loss) income before income tax expense (428) 3,488 2,155 735 1,034 Income tax expense (benefit) (93) 782 621 177 154 Net (loss) income $ (335) $ 2,706 $ 1,534 $ 558 $ 880 Total Consolidated Net interest income $ 147,945 $ 155,351 $ 148,769 $ 101,651 $ 99,395 Provision for loan losses 41,047 5,693 5,989 4,668 3,408 Noninterest income 54,379 55,113 76,993 35,236 30,771 Noninterest expense Salaries and employee benefits 75,946 69,642 77,633 38,331 38,332 Occupancy and equipment expenses 12,028 11,919 12,639 7,834 8,204 Data processing and telecommunications expenses 11,954 11,362 10,372 8,388 8,391 Other noninterest expenses 38,125 29,641 92,053 26,698 20,498 Total noninterest expense 138,053 122,564 192,697 81,251 75,425 Income before income tax expense 23,224 82,207 27,076 50,968 51,333 Income tax expense 3,902 20,959 5,692 12,064 11,428 Net income $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 SOURCE Ameris Bancorp Related Links http://www.amerisbank.com
Answer: | Ameris Bancorp Announces Financial Results For First Quarter 2020 | ATLANTA, April 23, 2020 /PRNewswire/ --Ameris Bancorp (Nasdaq: ABCB) (the "Company")today reported net income of $19.3 million, or $0.28 per diluted share, for the quarter ended March 31, 2020, compared with $39.9 million, or $0.84 per diluted share, for the quarter ended March 31, 2019. The decline in net income is attributable to a $37.6 million increase in provision for loan loss expense and a $22.2 million servicing asset write-down in the first quarter of 2020. The Company reported adjusted net income of $39.2 million, or $0.56 per diluted share, for the quarter ended March31, 2020, compared with $42.6 million, or $0.90 per diluted share, for the same period in 2019. Adjusted net income excludes after-tax merger and conversion charges, servicing right valuation adjustments, restructuring charges related to previously announced branch consolidations, certain legal expenses, loss on sale of bank premises and expenses related to natural disasters and the COVID-19 pandemic, but does not exclude the increased provision for credit losses. Commenting on the Company's results, Palmer Proctor, the Company's Chief Executive Officer, said, "While this has certainly been a historically unprecedented quarter, I am proud that our company could absorb over $41 million of provision for credit loss expense and a $22 million write-down of our servicing assets and still produce net income of over $19 million. Our current allowance for loan loss ended the quarter at over $149 million, up from $38 million at year end, and our capital levels remain strong. We have committed bankers who continue to serve our customers and our communities through the COVID-19 pandemic and have been successful in lending $685 million under the Paycheck Protection Program ("PPP") in April. We are prepared to face the challenges of today's environment and we remain confident in our position for the future in these uncertain times." On January 1, 2020, the Company adopted ASC 326, which provides for an expected credit loss model, referred to as the "Current Expected Credit Loss" ("CECL") model. The adoption of this standard resulted in the opening balances of the allowance for credit losses increasing $91.4 million and shareholders' equity decreasing $56.7 million. In addition, the Company recorded $41.0 million of provision for credit loss expense in the first quarter of 2020, of which $37.0 million was expense for loan credit losses and $4.0 million was for an increase in unfunded commitment reserve. Net charge-offs for the first quarter of 2020 were $4.4 million. As a result of these items, at March 31, 2020, the allowance for loan loss was $149.5 million, and the total allowance for credit losses was $167.3 million, compared with $38.2 million and $39.3 million, respectively, at December 31, 2019. Significant items from the Company's results for the first quarter of 2020 include the following: Net income of $19.3 million, after pre-tax provision for credit losses of $41.0 million and servicing asset write-downs of $22.2 million Growth in adjusted total revenue of $12.9 million, or 6.1% when compared with the fourth quarter of 2019 Adjusted efficiency ratio of 59.87%, compared with 55.61%, in the fourth quarter of 2019 Adjusted return on average assets of 0.87%, compared with 1.47% in the fourth quarter of 2019 Net interest margin of 3.70%, compared with 3.86% in the fourth quarter of 2019 Improvement in deposit mix such that noninterest bearing deposits represent 30.53% of total deposits, up from 29.94% at December 31, 2019 and 28.09% a year ago Annualized net charge-offs of 0.14% of average total loans Non-performing assets of 0.61% of total assets, compared with 0.56% at the end of 2019 Following is a summary of the adjustments between reported net income and adjusted net income: Adjusted Net Income Reconciliation Three Months Ended March 31, (dollars in thousands, except per share data) 2020 2019 Net income available to common shareholders $ 19,322 $ 39,905 Adjustment items: Merger and conversion charges 540 2,057 Restructuring charges 245 Servicing right impairment 22,165 Natural disaster and pandemic charges 548 (89) Expenses related to SEC and DOJ investigation 1,443 Loss on sale of premises 470 919 Tax effect of adjustment items (5,283) (450) After-tax adjustment items 19,883 2,682 Adjusted net income $ 39,205 $ 42,587 Reported net income per diluted share $ 0.28 $ 0.84 Adjusted net income per diluted share $ 0.56 $ 0.90 Reported return on average assets 0.43 % 1.42 % Adjusted return on average assets 0.87 % 1.51 % Reported return on average common equity 3.16 % 10.95 % Adjusted return on average tangible common equity 10.98 % 18.82 % Net Interest Income and Net Interest MarginNet interest income on a tax-equivalent basis for the first quarter of 2020 totaled $149.0 million, compared with $156.5 million for the fourth quarter of 2019 and $100.5 million for the first quarter of 2019. The Company's net interest margin was 3.70% for the first quarter of 2020, down from 3.86% reported for the fourth quarter of 2019 and 3.95% reported for the first quarter of 2019. The decrease in net interest margin in the current quarter is primarily attributable to decreases in accretion income and the yield on loans as market interest rates declined, partially offset by a decrease in the cost of interest-bearing liabilities. Accretion income for the first quarter of 2020 decreased to $6.6 million, compared with $9.7 million for the fourth quarter of 2019, and increased from $2.9 million for the first quarter of 2019. The decrease in accretion income in the first quarter is primarily attributable to the successful resolution of an acquired non-performing loan during the fourth quarter of 2019 that had a substantial discount and stabilization in the level of payoffs of acquired loans. Yields on all loans decreased to 5.02% during the first quarter of 2020, compared with 5.28% for the fourth quarter of 2019 and 5.37% reported for the first quarter of 2019. Loan production in the banking division during the first quarter of 2020 totaled $918.4 million, with weighted average yields of 4.55%, compared with $1.1 billion and 4.70%, respectively, in the fourth quarter of 2019 and $613.5 million and 5.78%, respectively, in the first quarter of 2019. Loan production in the lines of business (including retail mortgage, warehouse lending, SBA and premium finance) amounted to an additional $3.9 billion during the first quarter of 2020, with weighted average yields of 4.15%, compared with $4.1 billion and 4.29%, respectively, during the fourth quarter of 2019 and $1.9 billion and 5.47%, respectively, during the first quarter of 2019. Interest expense during the first quarter of 2020 decreased to $34.8 million, compared with $38.7 million in the fourth quarter of 2019, and increased from $25.5 million in the first quarter of 2019. The Company's total cost of funds moved nine basis points lower to 0.91% in the first quarter of 2020 as compared with the fourth quarter of 2019. Deposit costs also decreased nine basis points during the first quarter of 2020 to 0.71%, compared with 0.80% in the fourth quarter of 2019. Costs of interest-bearing deposits decreased during the quarter from 1.13% in the fourth quarter of 2019 to 1.01% in the first quarter of 2020. Noninterest IncomeNoninterest income decreased $734,000, or 1.3%, in the first quarter of 2020 to $54.4 million, compared with $55.1 million for the fourth quarter of 2019, primarily as a result of decreased service charge revenue. Service charge revenue decreased $1.7 million, or 12.7%, to $11.8 million in the first quarter of 2020, compared with $13.6 million for the fourth quarter of 2019. This decrease was primarily attributable to a decline in interchange income of $626,000 and a decrease of $634,000 in NSF income resulting from a decrease in volume and a slight increase in waivers. Mortgage banking activity increased $2.2 million, or 6.5%, to $35.3 million in the first quarter of 2020, compared with $33.2 million for the fourth quarter of 2019. This increase was a result of expansion in our gain on sale spread. Gain on sale spreads increased to 2.88% in the first quarter of 2020 from 2.60% for the fourth quarter of 2019. Total production in the retail mortgage division decreased to $1.36 billion in the first quarter of 2020, compared with $1.57 billion for the fourth quarter of 2019. Mortgage banking activity was negatively impacted during the first quarter of 2020 by a $20.9 million servicing right impairment, compared with an impairment of $104,000 for the fourth quarter of 2019. The retail mortgage open pipeline finished the first quarter of 2020 at $2.43 billion, compared with $1.16 billion at December 31, 2019. Other noninterest income decreased $1.2 million, or 16.6%, in the first quarter of 2020 to $6.1 million, compared with $7.3 million for the fourth quarter of 2019, primarily as a result of an unfavorable fair value adjustment on our SBA servicing rights of $1.3 million for the first quarter of 2020. Noninterest ExpenseNoninterest expense increased $15.5 million, or 12.6%, to $138.1 million during the first quarter of 2020, compared with $122.6 million for the fourth quarter of 2019. During the first quarter of 2020, the Company recorded $3.0 million of charges to earnings, related to the previously announced SEC/DOJ investigations, merger and conversion charges, natural disaster and pandemic charges and loss on sale of premises, compared with $4.3 million in charges in the fourth quarter of 2019 that were related principally to merger and conversion charges and loss on sale of premises. Excluding these charges, adjusted expenses increased approximately $16.8 million, or 14.2%, to $135.1 million in the first quarter of 2020, from $118.3 million in the fourth quarter of 2019. The majority of this increase is attributable to variable expenses related to increased mortgage production and seasonal increase in payroll tax expense, as well as increases in credit resolution-related expenses, professional fees and FDIC insurance. The Company continues to focus on its operating efficiency ratio. The Company's adjusted efficiency ratio increased from 55.61% in the fourth quarter of 2019 to 59.87% in the first quarter of 2020. Income Tax ExpenseThe Company's effective tax rate for the first quarter of 2020 was 16.8%, compared with 25.5% in the fourth quarter of 2019. The decreased rate for the first quarter of 2020 was primarily a result of loss carrybacks allowed as a result of the recently enacted CARES Act. The elevated rate for the fourth quarter of 2019 resulted from a return to provision adjustment occurring when the Company filed its 2018 income tax returns during the fourth quarter of 2019 and additional tax expense in connection with merger-related compensation and acquired BOLI. Balance Sheet TrendsTotal assets at March31, 2020 were $18.2 billion, which is essentially unchanged from December 31, 2019. Total loans, including loans held for sale, were $14.49 billion at March31, 2020, compared with $14.48 billion at December 31, 2019. Total loans held for investment were $13.09 billion at March31, 2020, compared with $12.82 billion at December 31, 2019. Loans held for investment increased $275.6 million, or 8.6% annualized, compared with December 31, 2019. Loan production in the banking division during the first quarter of 2020 was down 16% from the fourth quarter of 2019, but was 50% higher than the first quarter of 2019. At March31, 2020, total deposits amounted to $13.84 billion, or 89.2% of total funding, compared with $14.03 billion and 90.1%, respectively, at December 31, 2019. At March31, 2020, noninterest-bearing deposit accounts were $4.23 billion, or 30.5% of total deposits, compared with $4.20 billion, or 29.9% of total deposits, at December 31, 2019. Non-rate sensitive deposits (including non-interest bearing, NOW and savings) totaled $7.14 billion at March31, 2020, compared with $7.21 billion at December 31, 2019. These funds represented 51.6% of the Company's total deposits at March31, 2020, compared with 51.4% at the end of 2019. Shareholders' equity at March31, 2020 totaled $2.44 billion, a decrease of $32.4 million, or 1.3%, from December 31, 2019. The decrease in shareholders' equity was primarily the result of the CECL adoption impact of $56.7 million and dividends declared, partially offset by earnings of $19.3 million during the first quarter of 2020. Tangible book value per share was $20.44 at March31, 2020, compared with $20.81 at December 31, 2019. Tangible common equity as a percentage of tangible assets was 8.25% at March31, 2020, compared with 8.40% at the end of the 2019. Credit QualityCredit quality remains strong in the Company. During the first quarter of 2020, the Company recorded provision for credit losses of $41.0 million, compared with $5.7 million in the fourth quarter of 2019. This increase in provision was primarily attributable to declines in forecasted economic conditions, particularly levels of unemployment and GDP, compared with conditions at the adoption of CECL. The Company has been prudently working with borrowers to support their credit needs during the challenging economic conditions and monitoring the level of modifications on a daily basis. Certain loans modified in response to the COVID-19 pandemic were downgraded to risk grade 5 out of an abundance of caution. Nonperforming assets as a percentage of total assets increased by five basis points to 0.61% during the quarter. The increase in nonperforming assets is primarily a result of the migration of a small number of credits to nonaccrual and OREO and an increase in accruing loans delinquent 90 days or more in our premium finance division. The net charge-off ratio was 14 basis points for the first quarter of 2020, compared with nine basis points in the fourth quarter of 2019 and 17 basis points in the first quarter of 2019. Conference CallThe Company will host a teleconference at 9:00 a.m. Eastern time Friday, April 24, 2020, to discuss the Company's results and answer appropriate questions. The conference call can be accessed by dialing 1-877-504-1190 (or 1-855-669-9657 for participants in Canada and 1-412-902-6630 for other international participants). The conference ID name is Ameris Bancorp ABCB. A replay of the call will be available one hour after the end of the conference call until May 8, 2020. To listen to the replay, dial 1-877-344-7529 (or 1-855-669-9658 for participants in Canada and 1-412-317-0088 for other international participants). The conference replay access code is 10142204. The conference call replay and the financial information discussed will also be available on the Investor Relations page of the Ameris Bank website at ir.amerisbank.com. About Ameris BancorpAmeris Bancorp is a bank holding company headquartered in Atlanta, Georgia. The Company's banking subsidiary, Ameris Bank, had 170 locations in Georgia, Florida, South Carolina and Alabama at the end of the most recent quarter. This news release contains certain performance measures determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The Company's management uses these non-GAAP measures in its analysis of the Company's performance. These measures are useful when evaluating the underlying performance and efficiency of the Company's operations and balance sheet. The Company's management believes that these non-GAAP measures provide a greater understanding of ongoing operations, enhance comparability of results with prior periods and demonstrate the effects of significant gains and charges in the current period. The Company's management believes that investors may use these non-GAAP financial measures to evaluate the Company's financial performance without the impact of unusual items that may obscure trends in the Company's underlying performance. These disclosures should not be viewed as a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. This news release contains forward-looking statements, as defined by federal securities laws, including, among other forward-looking statements, certain plans, expectations and goals. Words such as "may," "believe," "expect," "anticipate," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology, as well as similar expressions, are meant to identify forward-looking statements. The forward-looking statements in this news release are based on current expectations and are provided to assist in the understanding of potential future performance. Such forward-looking statements involve numerous assumptions, risks and uncertainties that may cause actual results to differ materially from those expressed or implied in any such statements, including, without limitation, the following: general competitive, economic, political and market conditions and fluctuations; movements in interest rates and our expectations regarding net interest margin; expectations on credit quality and performance; legislative and regulatory changes; the impact of the COVID-19 pandemic on the general economy, our customers and the allowance for loan losses; the benefits that may be realized by our customers from government assistance programs and regulatory actions related to the COVID-19 pandemic; competitive pressures on product pricing and services; the cost savings and any revenue synergies expected to result from acquisition transactions, which may not be fully realized within the expected timeframes if at all; the success and timing of other business strategies; our outlook and long-term goals for future growth; and natural disasters, geopolitical events, public health crises and other catastrophic events beyond our control. For a discussion of some of the other risks and other factors that may cause such forward-looking statements to differ materially from actual results, please refer to the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2019, as amended, and its subsequently filed periodic reports and other filings. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Financial Highlights Table 1 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 EARNINGS Net income $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 Adjusted net income $ 39,205 $ 66,608 $ 68,539 $ 45,210 $ 42,587 COMMON SHARE DATA Earnings per share available to common shareholders Basic $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 Diluted $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 Adjusted diluted EPS $ 0.56 $ 0.96 $ 0.98 $ 0.96 $ 0.90 Cash dividends per share $ 0.15 $ 0.15 $ 0.15 $ 0.10 $ 0.10 Book value per share (period end) $ 35.10 $ 35.53 $ 34.78 $ 32.52 $ 31.43 Tangible book value per share (period end) $ 20.44 $ 20.81 $ 20.29 $ 20.81 $ 19.73 Weighted average number of shares Basic 69,247,661 69,429,193 69,372,125 47,310,561 47,366,296 Diluted 69,502,022 69,683,999 69,600,499 47,337,809 47,456,314 Period end number of shares 69,441,274 69,503,833 69,593,833 47,261,584 47,585,309 Market data High intraday price $ 43.79 $ 44.90 $ 40.65 $ 39.60 $ 42.01 Low intraday price $ 17.89 $ 38.34 $ 33.71 $ 33.57 $ 31.27 Period end closing price $ 23.76 $ 42.54 $ 40.24 $ 39.19 $ 34.35 Average daily volume 461,692 353,783 461,289 352,684 387,800 PERFORMANCE RATIOS Return on average assets 0.43 % 1.35 % 0.49 % 1.34 % 1.42 % Adjusted return on average assets 0.87 % 1.47 % 1.57 % 1.56 % 1.51 % Return on average common equity 3.16 % 9.97 % 3.49 % 10.27 % 10.95 % Adjusted return on average tangible common equity 10.98 % 18.45 % 18.95 % 18.79 % 18.82 % Earning asset yield (TE) 4.56 % 4.82 % 4.86 % 4.95 % 4.95 % Total cost of funds 0.91 % 1.00 % 1.07 % 1.10 % 1.05 % Net interest margin (TE) 3.70 % 3.86 % 3.84 % 3.91 % 3.95 % Noninterest income excluding securities transactions, as a percent of total revenue (TE) 22.83 % 22.02 % 28.89 % 21.27 % 19.59 % Efficiency ratio 68.23 % 58.24 % 85.35 % 59.36 % 57.95 % Adjusted efficiency ratio (TE) 59.87 % 55.61 % 57.25 % 53.77 % 55.12 % CAPITAL ADEQUACY (period end) Shareholders' equity to assets 13.37 % 13.54 % 13.63 % 12.93 % 12.83 % Tangible common equity to tangible assets 8.25 % 8.40 % 8.43 % 8.68 % 8.46 % EQUITY TO ASSETS RECONCILIATION Tangible common equity to tangible assets 8.25 % 8.40 % 8.43 % 8.68 % 8.46 % Effect of goodwill and other intangibles 5.12 % 5.14 % 5.20 % 4.25 % 4.37 % Equity to assets (GAAP) 13.37 % 13.54 % 13.63 % 12.93 % 12.83 % OTHER DATA (period end) Full time equivalent employees Banking Division 1,865 1,913 2,001 1,336 1,343 Retail Mortgage Division 689 690 785 348 328 Warehouse Lending Division 9 9 9 10 9 SBA Division 44 42 45 21 22 Premium Finance Division 72 68 66 62 64 Total Ameris Bancorp FTE headcount 2,679 2,722 2,906 1,777 1,766 Assets per Banking Division FTE $ 9,772 $ 9,536 $ 8,878 $ 8,889 $ 8,679 Branch locations 170 170 172 114 114 Deposits per branch location $ 81,439 $ 82,512 $ 79,416 $ 84,056 $ 85,973 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Income Statement Table 2 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 Interest income Interest and fees on loans $ 171,242 $ 182,391 $ 175,046 $ 117,010 $ 112,401 Interest on taxable securities 10,082 10,358 11,354 9,383 9,043 Interest on nontaxable securities 157 167 168 102 156 Interest on deposits in other banks 1,211 1,091 1,622 2,276 3,150 Interest on federal funds sold 76 69 171 257 179 Total interest income 182,768 194,076 188,361 129,028 124,929 Interest expense Interest on deposits 24,102 27,970 29,425 23,454 21,684 Interest on other borrowings 10,721 10,755 10,167 3,923 3,850 Total interest expense 34,823 38,725 39,592 27,377 25,534 Net interest income 147,945 155,351 148,769 101,651 99,395 Provision for loan losses 37,047 5,693 5,989 4,668 3,408 Provision for unfunded commitments 4,000 Provision for credit losses 41,047 5,693 5,989 4,668 3,408 Net interest income after provision for credit losses 106,898 149,658 142,780 96,983 95,987 Noninterest income Service charges on deposits accounts 11,844 13,567 13,411 12,168 11,646 Mortgage banking activity 35,333 33,168 53,041 18,523 14,677 Other service charges, commissions and fees 1,128 1,085 1,236 803 789 Gain (loss) on securities (9) (1) 4 69 66 Other noninterest income 6,083 7,294 9,301 3,673 3,593 Total noninterest income 54,379 55,113 76,993 35,236 30,771 Noninterest expense Salaries and employee benefits 75,946 69,642 77,633 38,331 38,332 Occupancy and equipment expenses 12,028 11,919 12,639 7,834 8,204 Data processing and telecommunications expenses 11,954 11,362 10,372 8,388 8,391 Credit resolution related expenses(1) 2,198 1,098 1,094 979 911 Advertising and marketing expenses 2,358 2,250 1,949 1,987 1,741 Amortization of intangible assets 5,631 5,741 5,719 3,121 3,132 Merger and conversion charges 540 2,415 65,158 3,475 2,057 Other noninterest expenses 27,398 18,137 18,133 17,136 12,657 Total noninterest expense 138,053 122,564 192,697 81,251 75,425 Income before income tax expense 23,224 82,207 27,076 50,968 51,333 Income tax expense 3,902 20,959 5,692 12,064 11,428 Net income (loss) $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 Diluted earnings per common share $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 (1) Includes expenses associated with problem loans and OREO, as well as OREO losses and writedowns. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Period End Balance Sheet Table 3 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Assets Cash and due from banks $ 255,312 $ 246,234 $ 193,976 $ 151,186 $ 144,801 Federal funds sold and interest-bearing deposits in banks 396,844 375,615 285,713 186,969 712,199 Time deposits in other banks 249 249 499 748 7,371 Investment securities available for sale, at fair value 1,353,040 1,403,403 1,491,207 1,273,244 1,234,435 Other investments 81,754 66,919 66,921 32,481 15,157 Loans held for sale, at fair value 1,398,229 1,656,711 1,187,551 261,073 112,070 Loans, net of unearned income 13,094,106 12,818,476 12,826,284 9,049,870 8,482,339 Allowance for loan losses (149,524) (38,189) (35,530) (31,793) (28,659) Loans, net 12,944,582 12,780,287 12,790,754 9,018,077 8,453,680 Other real estate owned 21,027 19,500 20,710 14,675 16,871 Premises and equipment, net 231,347 233,102 239,428 141,378 141,698 Goodwill 931,947 931,637 911,488 501,140 501,308 Other intangible assets, net 85,955 91,586 97,328 52,437 55,557 Cash value of bank owned life insurance 176,239 175,270 174,442 105,064 104,597 Deferred income taxes, net 24,196 2,180 22,111 30,812 33,295 Other assets 323,827 259,886 282,149 120,052 123,236 Total assets $ 18,224,548 $ 18,242,579 $ 17,764,277 $ 11,889,336 $ 11,656,275 Liabilities Deposits Noninterest-bearing $ 4,226,253 $ 4,199,448 $ 4,077,856 $ 2,771,443 $ 2,753,173 Interest-bearing 9,618,365 9,827,625 9,581,738 6,810,927 7,047,702 Total deposits 13,844,618 14,027,073 13,659,594 9,582,370 9,800,875 Federal funds purchased and securities sold under agreements to repurchase 15,160 20,635 17,744 3,307 4,259 Other borrowings 1,543,371 1,398,709 1,351,172 564,636 151,454 Subordinated deferrable interest debentures 122,890 127,560 127,075 89,871 89,529 FDIC loss-share payable, net 18,111 19,642 19,490 20,596 18,834 Other liabilities 243,248 179,378 168,479 91,435 95,740 Total liabilities 15,787,398 15,772,997 15,343,554 10,352,215 10,160,691 Shareholders' Equity Preferred stock Common stock 71,652 71,500 71,447 49,099 49,126 Capital stock 1,908,721 1,907,108 1,904,789 1,053,500 1,053,190 Retained earnings 460,153 507,950 457,127 446,182 412,005 Accumulated other comprehensive income (loss), net of tax 39,551 17,995 15,482 16,462 (1,178) Treasury stock (42,927) (34,971) (28,122) (28,122) (17,559) Total shareholders' equity 2,437,150 2,469,582 2,420,723 1,537,121 1,495,584 Total liabilities and shareholders' equity $ 18,224,548 $ 18,242,579 $ 17,764,277 $ 11,889,336 $ 11,656,275 Other Data Earning assets $ 16,324,222 $ 16,321,373 $ 15,858,175 $ 10,804,385 $ 10,563,571 Intangible assets 1,017,902 1,023,223 1,008,816 553,577 556,865 Interest-bearing liabilities 11,299,786 11,374,529 11,077,729 7,468,741 7,292,944 Average assets 18,056,445 17,998,494 17,340,387 11,625,344 11,423,677 Average common shareholders' equity 2,456,617 2,437,272 2,432,182 1,519,598 1,478,462 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Asset Quality Information Table 4 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Allowance for Credit Losses Balance at beginning of period $ 39,266 $ 36,607 $ 31,793 $ 28,659 $ 28,819 CECL adoption impact on allowance for loan losses 78,660 CECL adoption impact on allowance for unfunded commitments 12,714 Total CECL adoption impact 91,374 Acquisition accounting impact 1,077 Provision for loan losses 37,047 5,693 5,989 4,668 3,408 Provision for unfunded commitments 4,000 Provision for credit losses 41,047 5,693 5,989 4,668 3,408 Charge-offs 6,717 5,664 5,249 3,496 5,379 Recoveries 2,345 2,630 2,997 1,962 1,811 Net charge-offs 4,372 3,034 2,252 1,534 3,568 Ending balance $ 167,315 $ 39,266 $ 36,607 $ 31,793 $ 28,659 Allowance for loan losses $ 149,524 $ 38,189 $ 35,530 $ 31,793 $ 28,659 Allowance for unfunded commitments 17,791 1,077 1,077 Total allowance for credit losses $ 167,315 $ 39,266 $ 36,607 $ 31,793 $ 28,659 Net Charge-off Information Charge-offs Commercial, financial and agricultural $ 3,316 $ 2,713 $ 1,757 $ 1,337 $ 2,004 Real estate - construction and development 145 244 25 Real estate - commercial and farmland 927 181 1,318 589 1,254 Real estate - residential 100 100 37 155 199 Consumer installment 2,374 2,525 2,210 1,171 1,897 Total charge-offs 6,717 5,664 5,322 3,496 5,379 Recoveries Commercial, financial and agricultural 1,046 1,293 1,036 1,032 1,233 Real estate - construction and development 342 429 930 269 117 Real estate - commercial and farmland 85 140 74 78 39 Real estate - residential 207 67 169 294 207 Consumer installment 665 701 861 289 215 Total recoveries 2,345 2,630 3,070 1,962 1,811 Net charge-offs $ 4,372 $ 3,034 $ 2,252 $ 1,534 $ 3,568 Non-Performing Assets Nonaccrual loans $ 77,866 $ 75,124 $ 100,501 $ 41,479 $ 41,879 Other real estate owned 21,027 19,500 20,710 14,675 16,871 Repossessed assets 783 939 1,258 Accruing loans delinquent 90 days or more 11,969 5,754 6,325 4,613 3,676 Total non-performing assets $ 111,645 $ 101,317 $ 128,794 $ 60,767 $ 62,426 Asset Quality Ratios Non-performing assets as a percent of total assets 0.61 % 0.56 % 0.73 % 0.51 % 0.54 % Net charge-offs as a percent of average loans (annualized) 0.14 % 0.09 % 0.07 % 0.07 % 0.17 % AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Loan Information Table 5 Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Loans by Type Commercial, financial and agricultural $ 2,246,927 $ 2,030,711 $ 2,166,592 $ 1,900,811 $ 1,710,879 Real estate - construction and development 1,628,367 1,549,061 1,468,695 1,103,550 915,976 Real estate - commercial and farmland 4,516,451 4,353,039 4,209,912 3,182,213 3,175,452 Real estate - residential 3,252,090 3,334,831 3,380,356 2,389,101 2,216,927 Consumer installment 1,450,271 1,550,834 1,600,729 474,195 463,105 Total loans $ 13,094,106 $ 12,818,476 $ 12,826,284 $ 9,049,870 $ 8,482,339 Troubled Debt Restructurings Accruing troubled debt restructurings Commercial, financial and agricultural $ 798 $ 672 $ 680 $ 331 $ 147 Real estate - construction and development 925 936 947 1,124 1,153 Real estate - commercial and farmland 5,587 6,732 8,617 8,793 9,058 Real estate - residential 29,021 21,261 21,472 21,124 20,537 Consumer installment 4 8 9 10 11 Total accruing troubled debt restructurings $ 36,335 $ 29,609 $ 31,725 $ 31,382 $ 30,906 Nonaccrual troubled debt restructurings Commercial, financial and agricultural $ 335 $ 335 $ 144 $ 162 $ 167 Real estate - construction and development 289 253 258 265 270 Real estate - commercial and farmland 2,415 2,071 1,958 2,109 2,027 Real estate - residential 3,992 2,857 2,103 1,760 1,749 Consumer installment 105 107 120 123 113 Total nonaccrual troubled debt restructurings $ 7,136 $ 5,623 $ 4,583 $ 4,419 $ 4,326 Total troubled debt restructurings $ 43,471 $ 35,232 $ 36,308 $ 35,801 $ 35,232 Loans by Risk Grade Grade 1 - Prime credit $ 774,956 $ 587,877 $ 613,281 $ 622,034 $ 621,328 Grade 2 - Strong credit 785,770 840,372 856,618 811,690 672,526 Grade 3 - Good credit 5,772,834 6,034,398 6,086,576 3,829,422 3,303,143 Grade 4 - Satisfactory credit 4,353,733 4,884,541 4,746,020 3,401,265 3,517,166 Grade 5 - Fair credit 1,131,128 233,020 252,424 211,229 178,176 Grade 6 - Other assets especially mentioned 106,885 86,412 114,235 64,075 71,548 Grade 7 - Substandard 168,561 151,846 157,114 110,152 118,446 Grade 8 - Doubtful 239 8 14 Grade 9 - Loss 2 2 3 6 Total loans $ 13,094,106 $ 12,818,476 $ 12,826,284 $ 9,049,870 $ 8,482,339 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Average Balances Table 6 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Earning Assets Federal funds sold $ 27,380 $ 23,104 $ 28,459 $ 41,683 $ 31,291 Interest-bearing deposits in banks 419,260 304,427 324,127 341,937 467,379 Time deposits in other banks 249 401 548 3,792 10,221 Investment securities - taxable 1,359,651 1,426,062 1,514,534 1,233,297 1,186,896 Investment securities - nontaxable 22,839 23,580 23,759 15,288 24,136 Other investments 73,972 64,852 53,712 15,830 14,532 Loans held for sale 1,587,131 1,537,648 856,572 154,707 101,521 Loans 12,712,997 12,697,912 12,677,063 8,740,561 8,483,978 Total Earning Assets $ 16,203,479 $ 16,077,986 $ 15,478,774 $ 10,547,095 $ 10,319,954 Deposits Noninterest-bearing deposits $ 4,080,920 $ 4,124,872 $ 4,040,592 $ 2,723,843 $ 2,545,043 NOW accounts 2,287,947 2,204,666 2,049,175 1,506,721 1,553,988 MMDA 4,004,644 3,953,717 3,815,185 2,655,108 2,677,015 Savings accounts 643,422 649,118 661,555 405,506 399,089 Retail CDs 2,624,209 2,721,829 2,804,243 1,962,422 1,892,138 Brokered CDs 61,190 249,644 150,176 486,292 510,301 Total Deposits 13,702,332 13,903,846 13,520,926 9,739,892 9,577,574 Non-Deposit Funding Federal funds purchased and securities sold under agreements to repurchase 15,637 17,088 19,914 3,213 15,879 FHLB advances 1,267,303 1,080,516 810,384 22,390 6,257 Other borrowings 269,454 234,001 220,918 145,453 145,473 Subordinated deferrable interest debentures 127,731 127,292 133,519 89,686 89,343 Total Non-Deposit Funding 1,680,125 1,458,897 1,184,735 260,742 256,952 Total Funding $ 15,382,457 $ 15,362,743 $ 14,705,661 $ 10,000,634 $ 9,834,526 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Interest Income and Interest Expense (TE) Table 7 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Interest Income Federal funds sold $ 76 $ 69 $ 171 $ 257 $ 179 Interest-bearing deposits in banks 1,210 1,089 1,620 2,260 3,099 Time deposits in other banks 1 2 2 16 51 Investment securities - taxable 10,082 10,358 11,354 9,383 9,043 Investment securities - nontaxable (TE) 199 212 213 129 197 Loans held for sale 13,637 14,330 7,889 1,632 1,152 Loans (TE) 158,636 169,119 168,239 116,413 112,266 Total Earning Assets $ 183,841 $ 195,179 $ 189,488 $ 130,090 $ 125,987 Accretion income (included above) $ 6,562 $ 9,727 $ 4,222 $ 3,103 $ 2,883 Interest Expense Interest-Bearing Deposits NOW accounts $ 2,774 $ 2,728 $ 2,843 $ 2,260 $ 2,109 MMDA 9,748 11,311 12,593 9,488 9,047 Savings accounts 210 233 274 85 77 Retail CDs 11,064 12,220 12,905 8,585 7,330 Brokered CDs 306 1,478 810 3,036 3,121 Total Interest-Bearing Deposits 24,102 27,970 29,425 23,454 21,684 Non-Deposit Funding Federal funds purchased and securities sold under agreements to repurchase 40 41 32 2 11 FHLB advances 5,109 5,241 4,618 141 44 Other borrowings 3,511 3,358 3,332 2,210 2,227 Subordinated deferrable interest debentures 2,061 2,115 2,185 1,570 1,568 Total Non-Deposit Funding 10,721 10,755 10,167 3,923 3,850 Total Interest-Bearing Funding $ 34,823 $ 38,725 $ 39,592 $ 27,377 $ 25,534 Net Interest Income (TE) $ 149,018 $ 156,454 $ 149,896 $ 102,713 $ 100,453 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Yields(1) Table 8 Three Months Ended Mar Dec Sep Jun Mar 2020 2019 2019 2019 2019 Earning Assets Federal funds sold 1.12 % 1.18 % 2.38 % 2.47 % 2.32 % Interest-bearing deposits in banks 1.16 % 1.42 % 1.98 % 2.65 % 2.69 % Time deposits in other banks 1.62 % 1.98 % 1.45 % 1.69 % 2.02 % Investment securities - taxable 2.98 % 2.88 % 2.97 % 3.05 % 3.09 % Investment securities - nontaxable (TE) 3.50 % 3.57 % 3.56 % 3.38 % 3.31 % Loans held for sale 3.46 % 3.70 % 3.65 % 4.23 % 4.60 % Loans (TE) 5.02 % 5.28 % 5.16 % 5.32 % 5.37 % Total Earning Assets 4.56 % 4.82 % 4.86 % 4.95 % 4.95 % Interest-Bearing Deposits NOW accounts 0.49 % 0.49 % 0.55 % 0.60 % 0.55 % MMDA 0.98 % 1.14 % 1.31 % 1.43 % 1.37 % Savings accounts 0.13 % 0.14 % 0.16 % 0.08 % 0.08 % Retail CDs 1.70 % 1.78 % 1.83 % 1.75 % 1.57 % Brokered CDs 2.01 % 2.35 % 2.14 % 2.50 % 2.48 % Total Interest-Bearing Deposits 1.01 % 1.13 % 1.23 % 1.34 % 1.25 % Non-Deposit Funding Federal funds purchased and securities sold under agreements to repurchase 1.03 % 0.95 % 0.64 % 0.25 % 0.28 % FHLB advances 1.62 % 1.92 % 2.26 % 2.53 % 2.85 % Other borrowings 5.24 % 5.69 % 5.98 % 6.09 % 6.21 % Subordinated deferrable interest debentures 6.49 % 6.59 % 6.49 % 7.02 % 7.12 % Total Non-Deposit Funding 2.57 % 2.92 % 3.40 % 6.03 % 6.08 % Total Interest-Bearing Liabilities 1.24 % 1.37 % 1.47 % 1.51 % 1.42 % Net Interest Spread 3.32 % 3.45 % 3.39 % 3.44 % 3.53 % Net Interest Margin(2) 3.70 % 3.86 % 3.84 % 3.91 % 3.95 % Total Cost of Funds(3) 0.91 % 1.00 % 1.07 % 1.10 % 1.05 % (1) Interest and average rates are calculated on a tax-equivalent basis using an effective tax rate of 21%. (2) Rate calculated based on average earning assets. (3) Rate calculated based on total average funding including noninterest-bearing deposits. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Non-GAAP Reconciliations Adjusted Net Income Table 9A Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 Net income available to common shareholders $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 Adjustment items: Merger and conversion charges 540 2,415 65,158 3,475 2,057 Restructuring charges 245 Servicing right impairment (recovery) 22,165 366 (1,319) 1,460 Gain on BOLI proceeds 752 (4,335) Expenses related to SEC/DOJ Investigation 1,443 463 Natural disaster and pandemic charges 548 50 (89) Loss on sale of premises 470 1,413 889 2,800 919 Tax effect of adjustment items (Note 1) (5,283) (898) (13,238) (1,479) (450) After tax adjustment items 19,883 4,511 47,155 6,306 2,682 Tax expense attributable to acquisition related compensation and acquired BOLI 849 Adjusted net income $ 39,205 $ 66,608 $ 68,539 $ 45,210 $ 42,587 Weighted average number of shares - diluted 69,502,022 69,683,999 69,600,499 47,337,809 47,456,314 Net income per diluted share $ 0.28 $ 0.88 $ 0.31 $ 0.82 $ 0.84 Adjusted net income per diluted share $ 0.56 $ 0.96 $ 0.98 $ 0.96 $ 0.90 Average assets $ 18,056,445 $ 17,998,494 $ 17,340,387 $ 11,625,344 $ 11,423,677 Return on average assets 0.43 % 1.35 % 0.49 % 1.34 % 1.42 % Adjusted return on average assets 0.87 % 1.47 % 1.57 % 1.56 % 1.51 % Average common equity $ 2,456,617 $ 2,437,272 $ 2,432,182 $ 1,519,598 $ 1,478,462 Average tangible common equity $ 1,436,108 $ 1,432,081 $ 1,434,829 $ 964,841 $ 917,876 Return on average common equity 3.16 % 9.97 % 3.49 % 10.27 % 10.95 % Adjusted return on average tangible common equity 10.98 % 18.45 % 18.95 % 18.79 % 18.82 % Note 1: A portion of the merger and conversion charges for all periods are nondeductible for tax purposes. AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Non-GAAP Reconciliations (continued) Adjusted Efficiency Ratio (TE) Table 9B Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Adjusted Noninterest Expense Total noninterest expense $ 138,053 $ 122,564 $ 192,697 $ 81,251 $ 75,425 Adjustment items: Merger and conversion charges (540) (2,415) (65,158) (3,475) (2,057) Restructuring charges (245) Expenses related to SEC/DOJ Investigation (1,443) (463) Natural disaster and pandemic charges (548) (50) 89 Loss on sale of premises (470) (1,413) (889) (2,800) (919) Adjusted noninterest expense $ 135,052 $ 118,273 $ 126,650 $ 74,926 $ 72,293 Total Revenue Net interest income $ 147,945 $ 155,351 $ 148,769 $ 101,651 $ 99,395 Noninterest income 54,379 55,113 76,993 35,236 30,771 Total revenue $ 202,324 $ 210,464 $ 225,762 $ 136,887 $ 130,166 Adjusted Total Revenue Net interest income (TE) $ 149,018 $ 156,454 $ 149,896 $ 102,713 $ 100,453 Noninterest income 54,379 55,113 76,993 35,236 30,771 Total revenue (TE) 203,397 211,567 226,889 137,949 131,224 Adjustment items: (Gain) loss on securities 9 (1) (4) (69) (66) Loss (gain) on BOLI proceeds 752 (4,335) Servicing right impairment (recovery) 22,165 366 (1,319) 1,460 Adjusted total revenue (TE) $ 225,571 $ 212,684 $ 221,231 $ 139,340 $ 131,158 Efficiency ratio 68.23 % 58.24 % 85.35 % 59.36 % 57.95 % Adjusted efficiency ratio (TE) 59.87 % 55.61 % 57.25 % 53.77 % 55.12 % Tangible Book Value Per Share Table 9C Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands except per share data) 2020 2019 2019 2019 2019 Total shareholders' equity $ 2,437,150 $ 2,469,582 $ 2,420,723 $ 1,537,121 $ 1,495,584 Less: Goodwill 931,947 931,637 911,488 501,140 501,308 Other intangibles, net 85,955 91,586 97,328 52,437 55,557 Total tangible shareholders' equity $ 1,419,248 $ 1,446,359 $ 1,411,907 $ 983,544 $ 938,719 Period end number of shares 69,441,274 69,503,833 69,593,833 47,261,584 47,585,309 Book value per share (period end) $ 35.10 $ 35.53 $ 34.78 $ 32.52 $ 31.43 Tangible book value per share (period end) $ 20.44 $ 20.81 $ 20.29 $ 20.81 $ 19.73 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Segment Reporting Table 10 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 Banking Division Net interest income $ 118,375 $ 124,957 $ 124,262 $ 84,755 $ 85,039 Provision for loan losses 35,997 4,741 3,549 2,306 2,058 Noninterest income 17,773 18,632 21,173 14,830 14,370 Noninterest expense Salaries and employee benefits 41,621 38,180 39,794 24,228 27,932 Occupancy and equipment expenses 10,347 10,216 10,750 7,034 7,281 Data processing and telecommunications expenses 10,797 10,156 9,551 7,635 7,592 Other noninterest expenses 30,645 23,176 87,059 22,728 16,956 Total noninterest expense 93,410 81,728 147,154 61,625 59,761 Income before income tax expense 6,741 57,120 (5,268) 35,654 37,590 Income tax expense (benefit) 275 15,412 (1,269) 8,691 8,775 Net income (loss) $ 6,466 $ 41,708 $ (3,999) $ 26,963 $ 28,815 Retail Mortgage Division Net interest income $ 17,756 $ 18,223 $ 13,009 $ 7,567 $ 5,753 Provision for loan losses 1,997 1,237 1,490 609 136 Noninterest income 34,369 33,335 52,493 18,070 14,290 Noninterest expense Salaries and employee benefits 31,097 28,233 34,144 11,886 8,207 Occupancy and equipment expenses 1,504 1,544 1,686 670 766 Data processing and telecommunications expenses 986 1,034 660 394 330 Other noninterest expenses 5,875 4,553 3,484 2,385 2,114 Total noninterest expense 39,462 35,364 39,974 15,335 11,417 Income before income tax expense 10,666 14,957 24,038 9,693 8,490 Income tax expense 2,408 3,371 5,048 2,170 1,613 Net income $ 8,258 $ 11,586 $ 18,990 $ 7,523 $ 6,877 Warehouse Lending Division Net interest income $ 3,302 $ 3,771 $ 3,169 $ 2,987 $ 2,690 Provision for loan losses (9) 67 Noninterest income 960 610 560 450 379 Noninterest expense Salaries and employee benefits 210 325 286 162 161 Occupancy and equipment expenses 1 1 2 1 1 Data processing and telecommunications expenses 41 47 41 38 30 Other noninterest expenses 34 53 27 75 68 Total noninterest expense 286 426 356 276 260 Income before income tax expense 3,985 3,888 3,373 3,161 2,809 Income tax expense 837 816 708 664 590 Net income $ 3,148 $ 3,072 $ 2,665 $ 2,497 $ 2,219 AMERIS BANCORP AND SUBSIDIARIES FINANCIAL TABLES Segment Reporting (continued) Table 10 Three Months Ended Mar Dec Sep Jun Mar (dollars in thousands) 2020 2019 2019 2019 2019 SBA Division Net interest income $ 2,181 $ 2,190 $ 2,573 $ 1,182 $ 1,086 Provision for loan losses (903) 150 (15) 178 231 Noninterest income 1,277 2,536 2,766 1,883 1,730 Noninterest expense Salaries and employee benefits 1,476 1,336 1,985 735 727 Occupancy and equipment expenses 97 79 66 65 59 Data processing and telecommunications expenses 13 5 22 3 2 Other noninterest expenses 515 402 503 359 387 Total noninterest expense 2,101 1,822 2,576 1,162 1,175 Income before income tax expense 2,260 2,754 2,778 1,725 1,410 Income tax expense 475 578 584 362 296 Net income $ 1,785 $ 2,176 $ 2,194 $ 1,363 $ 1,114 Premium Finance Division Net interest income $ 6,331 $ 6,210 $ 5,756 $ 5,160 $ 4,827 Provision for loan losses 3,965 (502) 965 1,575 983 Noninterest income 1 3 2 Noninterest expense Salaries and employee benefits 1,542 1,568 1,424 1,320 1,305 Occupancy and equipment expenses 79 79 135 64 97 Data processing and telecommunications expenses 117 120 98 318 437 Other noninterest expenses 1,056 1,457 980 1,151 973 Total noninterest expense 2,794 3,224 2,637 2,853 2,812 (Loss) income before income tax expense (428) 3,488 2,155 735 1,034 Income tax expense (benefit) (93) 782 621 177 154 Net (loss) income $ (335) $ 2,706 $ 1,534 $ 558 $ 880 Total Consolidated Net interest income $ 147,945 $ 155,351 $ 148,769 $ 101,651 $ 99,395 Provision for loan losses 41,047 5,693 5,989 4,668 3,408 Noninterest income 54,379 55,113 76,993 35,236 30,771 Noninterest expense Salaries and employee benefits 75,946 69,642 77,633 38,331 38,332 Occupancy and equipment expenses 12,028 11,919 12,639 7,834 8,204 Data processing and telecommunications expenses 11,954 11,362 10,372 8,388 8,391 Other noninterest expenses 38,125 29,641 92,053 26,698 20,498 Total noninterest expense 138,053 122,564 192,697 81,251 75,425 Income before income tax expense 23,224 82,207 27,076 50,968 51,333 Income tax expense 3,902 20,959 5,692 12,064 11,428 Net income $ 19,322 $ 61,248 $ 21,384 $ 38,904 $ 39,905 SOURCE Ameris Bancorp Related Links http://www.amerisbank.com |
edtsum296 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: RESTON, Va.--(BUSINESS WIRE)--ThreatQuotient, a leading security operations platform innovator, is pleased to share that Alison Adkins, Business Development Manager, was named a 2020 CRN Rising Female Channel Star. CRNs inaugural list honors the top 100 women who are front and center across the industry and dedicated to improving business for their organizations partners. "Alison has been with ThreatQuotient since our earliest startup days, and has helped to build much of the companys positive and inclusive culture. Her transition to the business development team in 2019 was a clear fit. Alisons tireless work ethic has played a critical role in updating ThreatQuotients alliance program and closing opportunities with some of our largest channel partners, said John Czupak, President and CEO of ThreatQuotient. We are very proud of Alisons contributions to ThreatQuotient and are confident in her continued success. This recognition from CRN is well-deserved. Closing in on her five year anniversary at ThreatQuotient, Adkins has spent her career focused entirely on the cybersecurity industry. After nearly four years contributing to ThreatQuotients marketing strategy and execution for North America and working closely with sales, it was a natural next step for Adkins to shift into business development. Prior to ThreatQuotient, Adkins passion for the fast-paced environment of startups piqued while serving as an operations coordinator at AOL Fishbowl Labs. Adkins earned her B.A. in Media Studies and Biology from University of Virginia. I am extremely grateful to be included on CRNs inaugural list of rising female channel stars among so many impactful women across the industry, says Adkins. It is a pleasure and a privilege to work for a company like ThreatQuotient that values and promotes the achievements and strengths of all team members, including celebrating women in cybersecurity. I look forward to what our team will accomplish alongside our partners throughout the rest of 2020. ThreatQuotients portfolio of solutions is designed with the success of partners in mind, and in recent months, the companys products and services have been recognized for continued innovation. In addition to Adkins inclusion on CRNs list, ThreatQuotient was awarded a place on the 2020 CyberTech 100 list of companies that every financial institution needs to know about; and was also named a winner of the 2020 Cybersecurity Impact Awards in the Medium Business category. To learn more about ThreatQuotients market leading solutions built for threat-centric security operations, the ThreatQ platform and the ThreatQ Investigations cybersecurity situation room, please visit www.threatq.com/. About ThreatQuotient ThreatQuotients mission is to improve the efficiency and effectiveness of security operations with a platform that accelerates and simplifies investigations and collaboration within and across teams and tools. Integrating an organizations existing processes and technologies into a unified workspace, ThreatQuotients solutions reduce noise, highlight top priority threats and automate processes to provide greater focus and decision support while maximizing limited resources. ThreatQuotients threat-centric approach supports multiple use cases including incident response, threat hunting, spear phishing, alert triage and vulnerability management, and also serves as a threat intelligence platform. ThreatQuotient is headquartered in Northern Virginia with international operations based out of Europe and APAC. For more information, visit https://threatquotient.com.
Answer: | ThreatQuotients Alison Adkins Named to CRNs Inaugural List of Rising Female Channel Stars Adkins recognized among the top 100 women contributing to the channel in 2020 | RESTON, Va.--(BUSINESS WIRE)--ThreatQuotient, a leading security operations platform innovator, is pleased to share that Alison Adkins, Business Development Manager, was named a 2020 CRN Rising Female Channel Star. CRNs inaugural list honors the top 100 women who are front and center across the industry and dedicated to improving business for their organizations partners. "Alison has been with ThreatQuotient since our earliest startup days, and has helped to build much of the companys positive and inclusive culture. Her transition to the business development team in 2019 was a clear fit. Alisons tireless work ethic has played a critical role in updating ThreatQuotients alliance program and closing opportunities with some of our largest channel partners, said John Czupak, President and CEO of ThreatQuotient. We are very proud of Alisons contributions to ThreatQuotient and are confident in her continued success. This recognition from CRN is well-deserved. Closing in on her five year anniversary at ThreatQuotient, Adkins has spent her career focused entirely on the cybersecurity industry. After nearly four years contributing to ThreatQuotients marketing strategy and execution for North America and working closely with sales, it was a natural next step for Adkins to shift into business development. Prior to ThreatQuotient, Adkins passion for the fast-paced environment of startups piqued while serving as an operations coordinator at AOL Fishbowl Labs. Adkins earned her B.A. in Media Studies and Biology from University of Virginia. I am extremely grateful to be included on CRNs inaugural list of rising female channel stars among so many impactful women across the industry, says Adkins. It is a pleasure and a privilege to work for a company like ThreatQuotient that values and promotes the achievements and strengths of all team members, including celebrating women in cybersecurity. I look forward to what our team will accomplish alongside our partners throughout the rest of 2020. ThreatQuotients portfolio of solutions is designed with the success of partners in mind, and in recent months, the companys products and services have been recognized for continued innovation. In addition to Adkins inclusion on CRNs list, ThreatQuotient was awarded a place on the 2020 CyberTech 100 list of companies that every financial institution needs to know about; and was also named a winner of the 2020 Cybersecurity Impact Awards in the Medium Business category. To learn more about ThreatQuotients market leading solutions built for threat-centric security operations, the ThreatQ platform and the ThreatQ Investigations cybersecurity situation room, please visit www.threatq.com/. About ThreatQuotient ThreatQuotients mission is to improve the efficiency and effectiveness of security operations with a platform that accelerates and simplifies investigations and collaboration within and across teams and tools. Integrating an organizations existing processes and technologies into a unified workspace, ThreatQuotients solutions reduce noise, highlight top priority threats and automate processes to provide greater focus and decision support while maximizing limited resources. ThreatQuotients threat-centric approach supports multiple use cases including incident response, threat hunting, spear phishing, alert triage and vulnerability management, and also serves as a threat intelligence platform. ThreatQuotient is headquartered in Northern Virginia with international operations based out of Europe and APAC. For more information, visit https://threatquotient.com. |
edtsum297 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, May 5, 2020 /PRNewswire/ --SION, a powerfully-simplified commission tracking and management SaaS solution for travel advisors, today announced its official launch out of beta. SION was developed by a travel advisor to reduce substantial pain felt by all travel advisors: having a decisive overview picture of bookings and open invoices and means to easily track owed commissions. SION's one-of-a-kind integration with GDS global leader Sabre and partnership with Amadeus has brought even more power to the platform in a way that benefits users. To date, SION has raised $1 million in pre-seed funding. Even while in beta, SION caught the travel industry's attention. Its beta solution won a Voyager HQ award, and in 2019 SION was admitted into and has since graduated from the prestigious Virtuoso Travel Incubator program. Today's industry hardship conditions have led SION to launch its platform for free use for any travel advisor who signs up on its website at https://sioncentral.com. "There has never been a more applicable time for travel advisors to need to collect all their outstanding commissions," said SION CEO and Co-Founder Irving Betesh. "Though we never intended to launch our platform for free, we really wanted to do our part to help." SION's platform brings efficiency, accountability, and transparency to travel commissions. Its modern user interface and cloud-based platform features include one-click invoicing, category tagging, fully-searchable data, easy filter views by timeframe, by-client and by-supplier reporting downloadable to PDF or CSV formats, and more. To learn more about its robust platform and the company behind it, visit the SION website. About SION SION (https://sioncentral.com) is a New York City Metro-based global technology company serving the needs of the travel advisor industry. It exists to make travel advisors' lives easier through its powerfully simple software. SION's first-of-its-kind streamlined interface, advanced features, and game-changing automation eliminates the headache of commission tracking and payment reconciliations experienced by travel advisors the world over. It frequently has been described by users as "revolutionary." SION has won a Voyager HQ Pitch Challenge award, has been featured in Travel Weekly magazine, and has graduated from the prestigious Virtuoso Travel Incubator program. SION is also partnered with such travel heavyweights as Sabre, Amadeus, CCRA, IATA. Media Contact: Irving Betesh [emailprotected] (732) 539-8132 SOURCE SION
Answer: | Travel Advisor Commission Management SaaS Platform, SION, Launches Against All Odds Much-needed, simple online solution resoundingly welcomed by travel advisors seeking greater transparency and automation of commission management and collections process. | NEW YORK, May 5, 2020 /PRNewswire/ --SION, a powerfully-simplified commission tracking and management SaaS solution for travel advisors, today announced its official launch out of beta. SION was developed by a travel advisor to reduce substantial pain felt by all travel advisors: having a decisive overview picture of bookings and open invoices and means to easily track owed commissions. SION's one-of-a-kind integration with GDS global leader Sabre and partnership with Amadeus has brought even more power to the platform in a way that benefits users. To date, SION has raised $1 million in pre-seed funding. Even while in beta, SION caught the travel industry's attention. Its beta solution won a Voyager HQ award, and in 2019 SION was admitted into and has since graduated from the prestigious Virtuoso Travel Incubator program. Today's industry hardship conditions have led SION to launch its platform for free use for any travel advisor who signs up on its website at https://sioncentral.com. "There has never been a more applicable time for travel advisors to need to collect all their outstanding commissions," said SION CEO and Co-Founder Irving Betesh. "Though we never intended to launch our platform for free, we really wanted to do our part to help." SION's platform brings efficiency, accountability, and transparency to travel commissions. Its modern user interface and cloud-based platform features include one-click invoicing, category tagging, fully-searchable data, easy filter views by timeframe, by-client and by-supplier reporting downloadable to PDF or CSV formats, and more. To learn more about its robust platform and the company behind it, visit the SION website. About SION SION (https://sioncentral.com) is a New York City Metro-based global technology company serving the needs of the travel advisor industry. It exists to make travel advisors' lives easier through its powerfully simple software. SION's first-of-its-kind streamlined interface, advanced features, and game-changing automation eliminates the headache of commission tracking and payment reconciliations experienced by travel advisors the world over. It frequently has been described by users as "revolutionary." SION has won a Voyager HQ Pitch Challenge award, has been featured in Travel Weekly magazine, and has graduated from the prestigious Virtuoso Travel Incubator program. SION is also partnered with such travel heavyweights as Sabre, Amadeus, CCRA, IATA. Media Contact: Irving Betesh [emailprotected] (732) 539-8132 SOURCE SION |
edtsum298 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (Asana), a leading work management platform for teams, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public listing of its Class A common stock. Asana intends to list its Class A common stock on the New York Stock Exchange. When available, a copy of the prospectus related to the registration statement may be obtained from Asana, Inc., c/o Investor Relations, 1550 Bryant Street, Suite 200, San Francisco, CA 94103, or via https://asa.na/73t. A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. 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 Asana Headquartered in San Francisco, CA, Asana is a leading work management platform with more than 75,000 paying customers and millions of free organizations across 190 countries.
Answer: | Asana Announces Filing of Registration Statement for Proposed Public Listing of Its Class A Common Stock | SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (Asana), a leading work management platform for teams, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public listing of its Class A common stock. Asana intends to list its Class A common stock on the New York Stock Exchange. When available, a copy of the prospectus related to the registration statement may be obtained from Asana, Inc., c/o Investor Relations, 1550 Bryant Street, Suite 200, San Francisco, CA 94103, or via https://asa.na/73t. A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. 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 Asana Headquartered in San Francisco, CA, Asana is a leading work management platform with more than 75,000 paying customers and millions of free organizations across 190 countries. |
edtsum299 | You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO--(BUSINESS WIRE)--Bugcrowd, the crowdsourced cybersecurity platform, today announced it has paid more than $2 million in rewards to security researchers on behalf of Samsungs bug bounty program. Bugcrowd has been managing the payment process for Samsung Electronics Mobile Security Rewards Program since September 2017, which is designed to identify critical vulnerabilities for all of Samsungs mobile devices receiving monthly and quarterly security updates. Samsung has tapped into the creativity of security researchers worldwide at scale with the Bugcrowd platform to drive immeasurable value for its ongoing proactive security efforts and impart millions of dollars back into its researcher community, said Ashish Gupta, CEO, Bugcrowd. Our platform creates a force multiplier that enables companies to create a stronger security posture and use Bugcrowd to meet their unique security needs. We are thrilled to see the success of Samsungs program and privileged to help Samsung optimize their security program with quick and compliant researcher payments. Bugcrowds platform leverages a purpose-built payments system that meets standard compliance requirements across all payments and streamlines their internal processes. This strategy allows Samsung to run an efficient program that continuously meets security testing goals and ensures researchers receive payments swiftly, which results in higher engagement. The Samsung Mobile Rewards Program is key in our efforts to ensure Galaxy users are protected against potential vulnerabilities in our products and software, said Daniel Ahn, Corporate SVP and Head of Security Team at Mobile Communications Business, Samsung Electronics. Our partnership with Bugcrowd has allowed us to further protect the mobile experience by establishing relationships with the broader research community. Consequently, researchers trust Samsung to securely report their findings and acquire Mobile Rewards payments quickly and easily. To learn more about how Bugcrowd is helping companies launch Bug Bounty Programs, visit: https://www.bugcrowd.com/products/bug-bounty/. For more information on Samsungs Vulnerability Disclosure Policy and Rewards Program, visit: https://security.samsungmobile.com/main.smsb. About Bugcrowd Bugcrowd is the #1 crowdsourced security company. Top Fortune 500 organizations trust Bugcrowd to manage their Bug Bounty, Vulnerability Disclosure, Next Gen Pen Test, and Attack Surface Management programs. Bugcrowds award-winning platform combines actionable, contextual intelligence with the skill and experience of the worlds most elite hackers to help leading organizations identify and fix vulnerabilities, protect customers, and make the digitally connected world a safer place. Based in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures and Triangle Peak Partners. Learn more at www.bugcrowd.com. Bugcrowd is a trademark of Bugcrowd Inc. and its subsidiaries. All other trademarks, trade names, service marks and logos referenced herein belong to their respective companies.
Answer: | Bugcrowds Crowdsourced Cybersecurity Platform Helps Pay Over $2 Million to Researchers for Samsung Mobile Rewards Program Company fortifies researcher partnerships by delivering timely and secure payments | SAN FRANCISCO--(BUSINESS WIRE)--Bugcrowd, the crowdsourced cybersecurity platform, today announced it has paid more than $2 million in rewards to security researchers on behalf of Samsungs bug bounty program. Bugcrowd has been managing the payment process for Samsung Electronics Mobile Security Rewards Program since September 2017, which is designed to identify critical vulnerabilities for all of Samsungs mobile devices receiving monthly and quarterly security updates. Samsung has tapped into the creativity of security researchers worldwide at scale with the Bugcrowd platform to drive immeasurable value for its ongoing proactive security efforts and impart millions of dollars back into its researcher community, said Ashish Gupta, CEO, Bugcrowd. Our platform creates a force multiplier that enables companies to create a stronger security posture and use Bugcrowd to meet their unique security needs. We are thrilled to see the success of Samsungs program and privileged to help Samsung optimize their security program with quick and compliant researcher payments. Bugcrowds platform leverages a purpose-built payments system that meets standard compliance requirements across all payments and streamlines their internal processes. This strategy allows Samsung to run an efficient program that continuously meets security testing goals and ensures researchers receive payments swiftly, which results in higher engagement. The Samsung Mobile Rewards Program is key in our efforts to ensure Galaxy users are protected against potential vulnerabilities in our products and software, said Daniel Ahn, Corporate SVP and Head of Security Team at Mobile Communications Business, Samsung Electronics. Our partnership with Bugcrowd has allowed us to further protect the mobile experience by establishing relationships with the broader research community. Consequently, researchers trust Samsung to securely report their findings and acquire Mobile Rewards payments quickly and easily. To learn more about how Bugcrowd is helping companies launch Bug Bounty Programs, visit: https://www.bugcrowd.com/products/bug-bounty/. For more information on Samsungs Vulnerability Disclosure Policy and Rewards Program, visit: https://security.samsungmobile.com/main.smsb. About Bugcrowd Bugcrowd is the #1 crowdsourced security company. Top Fortune 500 organizations trust Bugcrowd to manage their Bug Bounty, Vulnerability Disclosure, Next Gen Pen Test, and Attack Surface Management programs. Bugcrowds award-winning platform combines actionable, contextual intelligence with the skill and experience of the worlds most elite hackers to help leading organizations identify and fix vulnerabilities, protect customers, and make the digitally connected world a safer place. Based in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures and Triangle Peak Partners. Learn more at www.bugcrowd.com. Bugcrowd is a trademark of Bugcrowd Inc. and its subsidiaries. All other trademarks, trade names, service marks and logos referenced herein belong to their respective companies. |