Datasets:

Me1oy

/

edtsum_ijcai-challenge

like 0

edtsum400

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)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of BPCRE 2021-FL1, a $510.7 million CRE CLO with limited post-closing acquisition ability. The transaction will be collateralized by 24 whole loans (or participations therein) with an in-trust balance of $510.7 million. During the 24-month period following the closing date, certain principal proceeds can be used to acquire funded, non-trust pari passu companion participations related to the closing date assets provided the acquisition criteria are satisfied. Additionally, the transaction includes a feature which provides the sponsor with the ability to effectuate significant modifications to performing loans. This transaction also includes a par value test and an interest coverage test (the offered note protection tests). If either test is not satisfied on any determination date, on the following payment date, interest proceeds remaining after interest is paid to the Class E notes, and pay dividends to the preferred shares, will be used to pay down the principal balances of the Class A through E notes in sequential order until the tests are satisfied, or such classes of notes are paid in full. Click here to view the report. To access ratings and relevant documents, click here. Related Publications Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com. About KBRA Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider. Answer:

KBRA Assigns Preliminary Ratings to BPCRE 2021-FL1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of BPCRE 2021-FL1, a $510.7 million CRE CLO with limited post-closing acquisition ability. The transaction will be collateralized by 24 whole loans (or participations therein) with an in-trust balance of $510.7 million. During the 24-month period following the closing date, certain principal proceeds can be used to acquire funded, non-trust pari passu companion participations related to the closing date assets provided the acquisition criteria are satisfied. Additionally, the transaction includes a feature which provides the sponsor with the ability to effectuate significant modifications to performing loans. This transaction also includes a par value test and an interest coverage test (the offered note protection tests). If either test is not satisfied on any determination date, on the following payment date, interest proceeds remaining after interest is paid to the Class E notes, and pay dividends to the preferred shares, will be used to pay down the principal balances of the Class A through E notes in sequential order until the tests are satisfied, or such classes of notes are paid in full. Click here to view the report. To access ratings and relevant documents, click here. Related Publications Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com. About KBRA Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

edtsum401

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--(BUSINESS WIRE)--Omeros Corporation (Nasdaq: OMER), a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market as well as orphan indications targeting inflammation, complement-mediated diseases, disorders of the central nervous system and immune-related diseases, including cancers, today announced recent highlights and developments as well as financial results for the fourth quarter and year ended December 31, 2020, which include: 2020 was a challenging year for everyone, but our teams list of accomplishments is impressive submission of the BLA for transplant-associated TMA and life-saving treatment of critically ill COVID-19 patients with narsoplimab, reinstatement of separate payment for our ophthalmic product OMIDRIA, entry into the clinic for our MASP-3 inhibitor OMS906, and the addition of substantial working capital to our balance sheet, said Gregory A. Demopulos, M.D., Omeros chairman and chief executive officer. As we entered the new year, the team maintained its momentum, continuing to build on these achievements. The BLA was granted priority review and our commercial launch plan is on track to bring narsoplimab to patients as soon as we receive approval. The only complement inhibitor in the I-SPY COVID-19 trial, narsoplimab is the focus of growing attention from international government agencies and global organizations in the fight against COVID, and we are advancing the drug across IgA nephropathy, aHUS and an expanding set of indications. Once again secured, OMIDRIA revenues are increasing and will continue to provide working capital to fund our pipeline, including OMS906, which remains on schedule to read out initial data next quarter, and the rest of our programs. 2021 has started strong, and we expect that it will finish even stronger. Fourth Quarter and Recent Developments Financial Results Fourth Quarter 2020 For the fourth quarter of 2020, OMIDRIA revenues were $10.6 million. This compares to OMIDRIA revenues of $26.1 million for the third quarter of 2020. The decrease was primarily due to the expiration of pass-through reimbursement for OMIDRIA on October 1, 2020 and the uncertainty around separate payment for OMIDRIA until CMS confirmed in December that OMIDRIA qualifies for separate payment when used in the ASC setting under CMS policy for non-opioid pain management surgical drugs. Total costs and expenses for the fourth quarter of 2020 were $44.4 million, compared to $51.5 million in the preceding quarter. The decrease was primarily due to a technology license payment related to the OMS906 program in that earlier quarter. For the three months ended December 31, 2020, Omeros reported a net loss of $37.3 million, or $0.60 per share, which included non-cash expenses of $3.5 million, or $0.06 per share. This compares to the prior year fourth quarter, when Omeros reported a net loss of $29.2 million or $0.58 per share, which included non-cash expenses of $6.3 million, or $0.12 per share. As of December 31, 2020, Omeros had $135.0 million of cash, cash equivalents and short-term investments available for operations. Full Year 2020 Revenues for 2020 were $73.8 million compared to $111.8 million for 2019. The decrease was due to the reduction in cataract surgeries performed due to the COVID-19 pandemic and the uncertainty regarding Medicare Part B reimbursement for OMIDRIA after its pass-through status expired on October 1, 2020. In December 2020, CMS confirmed separate payment for OMIDRIA in the ASC setting effective retroactively as of October 1. For the year ending December 31, 2020, total costs and expenses were $184.4 million, compared to $175.2 million in the prior year. Conference Call Details Omeros management will host a conference call to discuss the financial results and to provide an update on business activities. The call will be held today at 4:30 p.m. Pacific Time; 1:30 p.m. Eastern Time. To access the live conference call via phone, please dial (844) 831-4029 from the United States and Canada or (920) 663-6278 internationally. The participant passcode is 3399452. Please dial in approximately 10 minutes prior to the start of the call. A telephone replay will be available for one week following the call and may be accessed by dialing (855) 859-2056 from the United States and Canada or (404) 537-3406 internationally. The replay passcode is 3399452. To access the live or subsequently archived webcast of the conference call on the internet, go to the companys website at www.omeros.com and select Events under the Investors section of the website. To access the live webcast, please connect to the website at least 15 minutes prior to the call to allow for any software download that may be necessary. About Omeros Corporation Omeros is a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market and orphan indications targeting inflammation, complement-mediated diseases, disorders of the central nervous system and immune-related diseases, including cancers. Its commercial product OMIDRIA (phenylephrine and ketorolac intraocular solution) 1%/0.3% continues to gain market share in cataract surgery. Omeros lead MASP-2 inhibitor narsoplimab targets the lectin pathway of complement and is the subject of a biologics license application under priority review by FDA for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy. Narsoplimab is also in multiple late-stage clinical development programs focused on other complement-mediated disorders, including IgA nephropathy, atypical hemolytic uremic syndrome and COVID-19. OMS906, Omeros inhibitor of MASP-3, the key activator of the alternative pathway of complement, is in a Phase 1 clinical trial, and the companys PDE7 inhibitor program OMS527, targeting addiction and movement disorders, has successfully completed a Phase 1 trial. Omeros pipeline holds a diverse group of preclinical programs including a proprietary-asset-enabled antibody-generating technology and a proprietary GPCR platform through which it controls 54 GPCR drug targets and their corresponding compounds. One of these novel targets, GPR174, modulates a new cancer immunity axis recently discovered by Omeros, and the company is advancing GPR174-targeting antibodies and small-molecule inhibitors. For more information about Omeros and its programs, visit www.omeros.com. Forward-Looking Statements This press release contains 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, which are subject to the safe harbor created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as anticipate, believe, could, estimate, expect, goal, intend, likely, look forward to, may, objective, plan, potential, predict, project, should, slate, target, will, would and similar expressions and variations thereof. Forward-looking statements are based on managements beliefs and assumptions and on information available to management only as of the date of this press release. Omeros actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including, without limitation, risks associated with product commercialization and commercial operations, unproven preclinical and clinical development activities, the impact of COVID-19 on our business, financial condition and results of operations, regulatory processes and oversight, changes in reimbursement and payment policies by government and commercial payers or the application of such policies, intellectual property claims, competitive developments, litigation, and the risks, uncertainties and other factors described under the heading Risk Factors in the companys Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 1, 2021. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-looking statements, and the company assumes no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. OMEROS CORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share data) Three Months Ended December 31, Year Ended December 31, 2020 2019 2020 2019 Revenue: Product sales, net $ 10,632 $ 33,417 $ 73,813 $ 111,805 Costs and expenses: Cost of product sales 87 401 902 865 Research and development 26,458 40,588 110,817 109,696 Selling, general and administrative 17,903 16,132 72,695 64,626 Total costs and expenses 44,448 57,121 184,414 175,187 Loss from operations (33,816 ) (23,704 ) (110,601 ) (63,382 ) Loss on early extinguishment of debt (13,374 ) Interest expense (7,988 ) (5,811 ) (26,751 ) (22,657 ) Other income 374 290 654 1,553 Loss before income taxes (41,430 ) (29,225 ) (150,072 ) (84,486 ) Income tax benefit 4,157 12,011 Net loss $ (37,273 ) $ (29,225 ) $ (138,061 ) $ (84,486 ) Comprehensive loss $ (37,273 ) $ (29,225 ) $ (138,061 ) $ (84,486 ) Basic and diluted net loss per share $ (0.60 ) $ (0.58 ) $ (2.41 ) $ (1.71 ) Weighted-average shares used to compute basic and diluted net loss per share 61,659,835 58,233,988 57,176,743 49,523,444 OMEROS CORPORATION UNAUDITED CONSOLIDATED BALANCE SHEET DATA (In thousands) December 31, December 31, 2020 2019 Cash, cash equivalents and short-term investments $ 134,953 $ 60,788 Working capital 114,549 48,286 Restricted investments 1,055 1,154 Total assets 181,042 136,969 Total current liabilities 36,736 55,459 Lease liability 32,552 35,822 Unsecured convertible senior notes, net 236,288 158,213 Accumulated deficit (872,672 ) (734,611 ) Total shareholders deficit (120,752 ) (109,021 ) Answer:

Omeros Corporation Reports Fourth Quarter and Year-End 2020 Financial Results Conference Call Today at 4:30 p.m. ET

SEATTLE--(BUSINESS WIRE)--Omeros Corporation (Nasdaq: OMER), a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market as well as orphan indications targeting inflammation, complement-mediated diseases, disorders of the central nervous system and immune-related diseases, including cancers, today announced recent highlights and developments as well as financial results for the fourth quarter and year ended December 31, 2020, which include: 2020 was a challenging year for everyone, but our teams list of accomplishments is impressive submission of the BLA for transplant-associated TMA and life-saving treatment of critically ill COVID-19 patients with narsoplimab, reinstatement of separate payment for our ophthalmic product OMIDRIA, entry into the clinic for our MASP-3 inhibitor OMS906, and the addition of substantial working capital to our balance sheet, said Gregory A. Demopulos, M.D., Omeros chairman and chief executive officer. As we entered the new year, the team maintained its momentum, continuing to build on these achievements. The BLA was granted priority review and our commercial launch plan is on track to bring narsoplimab to patients as soon as we receive approval. The only complement inhibitor in the I-SPY COVID-19 trial, narsoplimab is the focus of growing attention from international government agencies and global organizations in the fight against COVID, and we are advancing the drug across IgA nephropathy, aHUS and an expanding set of indications. Once again secured, OMIDRIA revenues are increasing and will continue to provide working capital to fund our pipeline, including OMS906, which remains on schedule to read out initial data next quarter, and the rest of our programs. 2021 has started strong, and we expect that it will finish even stronger. Fourth Quarter and Recent Developments Financial Results Fourth Quarter 2020 For the fourth quarter of 2020, OMIDRIA revenues were $10.6 million. This compares to OMIDRIA revenues of $26.1 million for the third quarter of 2020. The decrease was primarily due to the expiration of pass-through reimbursement for OMIDRIA on October 1, 2020 and the uncertainty around separate payment for OMIDRIA until CMS confirmed in December that OMIDRIA qualifies for separate payment when used in the ASC setting under CMS policy for non-opioid pain management surgical drugs. Total costs and expenses for the fourth quarter of 2020 were $44.4 million, compared to $51.5 million in the preceding quarter. The decrease was primarily due to a technology license payment related to the OMS906 program in that earlier quarter. For the three months ended December 31, 2020, Omeros reported a net loss of $37.3 million, or $0.60 per share, which included non-cash expenses of $3.5 million, or $0.06 per share. This compares to the prior year fourth quarter, when Omeros reported a net loss of $29.2 million or $0.58 per share, which included non-cash expenses of $6.3 million, or $0.12 per share. As of December 31, 2020, Omeros had $135.0 million of cash, cash equivalents and short-term investments available for operations. Full Year 2020 Revenues for 2020 were $73.8 million compared to $111.8 million for 2019. The decrease was due to the reduction in cataract surgeries performed due to the COVID-19 pandemic and the uncertainty regarding Medicare Part B reimbursement for OMIDRIA after its pass-through status expired on October 1, 2020. In December 2020, CMS confirmed separate payment for OMIDRIA in the ASC setting effective retroactively as of October 1. For the year ending December 31, 2020, total costs and expenses were $184.4 million, compared to $175.2 million in the prior year. Conference Call Details Omeros management will host a conference call to discuss the financial results and to provide an update on business activities. The call will be held today at 4:30 p.m. Pacific Time; 1:30 p.m. Eastern Time. To access the live conference call via phone, please dial (844) 831-4029 from the United States and Canada or (920) 663-6278 internationally. The participant passcode is 3399452. Please dial in approximately 10 minutes prior to the start of the call. A telephone replay will be available for one week following the call and may be accessed by dialing (855) 859-2056 from the United States and Canada or (404) 537-3406 internationally. The replay passcode is 3399452. To access the live or subsequently archived webcast of the conference call on the internet, go to the companys website at www.omeros.com and select Events under the Investors section of the website. To access the live webcast, please connect to the website at least 15 minutes prior to the call to allow for any software download that may be necessary. About Omeros Corporation Omeros is a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market and orphan indications targeting inflammation, complement-mediated diseases, disorders of the central nervous system and immune-related diseases, including cancers. Its commercial product OMIDRIA (phenylephrine and ketorolac intraocular solution) 1%/0.3% continues to gain market share in cataract surgery. Omeros lead MASP-2 inhibitor narsoplimab targets the lectin pathway of complement and is the subject of a biologics license application under priority review by FDA for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy. Narsoplimab is also in multiple late-stage clinical development programs focused on other complement-mediated disorders, including IgA nephropathy, atypical hemolytic uremic syndrome and COVID-19. OMS906, Omeros inhibitor of MASP-3, the key activator of the alternative pathway of complement, is in a Phase 1 clinical trial, and the companys PDE7 inhibitor program OMS527, targeting addiction and movement disorders, has successfully completed a Phase 1 trial. Omeros pipeline holds a diverse group of preclinical programs including a proprietary-asset-enabled antibody-generating technology and a proprietary GPCR platform through which it controls 54 GPCR drug targets and their corresponding compounds. One of these novel targets, GPR174, modulates a new cancer immunity axis recently discovered by Omeros, and the company is advancing GPR174-targeting antibodies and small-molecule inhibitors. For more information about Omeros and its programs, visit www.omeros.com. Forward-Looking Statements This press release contains 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, which are subject to the safe harbor created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as anticipate, believe, could, estimate, expect, goal, intend, likely, look forward to, may, objective, plan, potential, predict, project, should, slate, target, will, would and similar expressions and variations thereof. Forward-looking statements are based on managements beliefs and assumptions and on information available to management only as of the date of this press release. Omeros actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including, without limitation, risks associated with product commercialization and commercial operations, unproven preclinical and clinical development activities, the impact of COVID-19 on our business, financial condition and results of operations, regulatory processes and oversight, changes in reimbursement and payment policies by government and commercial payers or the application of such policies, intellectual property claims, competitive developments, litigation, and the risks, uncertainties and other factors described under the heading Risk Factors in the companys Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 1, 2021. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-looking statements, and the company assumes no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. OMEROS CORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share data) Three Months Ended December 31, Year Ended December 31, 2020 2019 2020 2019 Revenue: Product sales, net $ 10,632 $ 33,417 $ 73,813 $ 111,805 Costs and expenses: Cost of product sales 87 401 902 865 Research and development 26,458 40,588 110,817 109,696 Selling, general and administrative 17,903 16,132 72,695 64,626 Total costs and expenses 44,448 57,121 184,414 175,187 Loss from operations (33,816 ) (23,704 ) (110,601 ) (63,382 ) Loss on early extinguishment of debt (13,374 ) Interest expense (7,988 ) (5,811 ) (26,751 ) (22,657 ) Other income 374 290 654 1,553 Loss before income taxes (41,430 ) (29,225 ) (150,072 ) (84,486 ) Income tax benefit 4,157 12,011 Net loss $ (37,273 ) $ (29,225 ) $ (138,061 ) $ (84,486 ) Comprehensive loss $ (37,273 ) $ (29,225 ) $ (138,061 ) $ (84,486 ) Basic and diluted net loss per share $ (0.60 ) $ (0.58 ) $ (2.41 ) $ (1.71 ) Weighted-average shares used to compute basic and diluted net loss per share 61,659,835 58,233,988 57,176,743 49,523,444 OMEROS CORPORATION UNAUDITED CONSOLIDATED BALANCE SHEET DATA (In thousands) December 31, December 31, 2020 2019 Cash, cash equivalents and short-term investments $ 134,953 $ 60,788 Working capital 114,549 48,286 Restricted investments 1,055 1,154 Total assets 181,042 136,969 Total current liabilities 36,736 55,459 Lease liability 32,552 35,822 Unsecured convertible senior notes, net 236,288 158,213 Accumulated deficit (872,672 ) (734,611 ) Total shareholders deficit (120,752 ) (109,021 )

edtsum402

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, April 20, 2020 /PRNewswire/ --The Social App and Basil Labs have launched The COVID-19 Testing Site Locator - a free tool for anyone in the United States to locate nearby testing locations.The utility (www.covid19testing.today) features more than 3,000 testing sitesmore than any other testing center database. Its tech stack includes AI to enrich testing center data, which is converted into a visual dashboard that can simplify a variety of data points to help governments manage operations during the pandemic. Continue Reading The COVID-19 Testing Site Locator Search and Map View It can also predict potential outbreak areas, which can help address pain points and help testing centers better manage resources when supplying treatment and handling logistics. The team is also working to partner with hospitals to help manage resources; and with governments to determine COVID-19 hotspots, and when "re-opening" might be possible. Features: Filter by drive-thrus, children-only, etc. Testing center contact info Outbreak prediction algorithm "As the COVID-19 pandemic has expanded, many companies have teamed up to provide education resources to keep the public updated on a rapidly evolving disease," Raakin Iqbal, founder of The Social App, said."We want to provide people with a centralized area to find testing locations and feel a sense of empowerment in an atmosphere that has most of us feeling otherwise in the dark on information. Our goal was to build a platform for the common good."Theo Goetemann, founder at Basil Labs, agrees."Across the country, COVID-19 testing sites are popping up but are not communicating enough with one another. This is dangerous. Silos lead to information gaps between facilities and slow adaptation of best practices.""We don't have time to waittesting sites are maxed out and hospital beds are filled up," he said. "We need to survey and understand patient experiences in order to maximize efficiency and safety at testing centers, improve in-patient flows and share this knowledge with testing centers across the nation and world."Iqbal and Goetemann, alumni of Georgetown University, launched their businesses at the Georgetown Venture Lab, a modern co-working space for the university and its network of alumni entrepreneurs. The lab is made possible by a gift from the Leonsis Family. It is operated by Georgetown Entrepreneurship, an initiative of the McDonough School of Business.Media contact:Kelly Ann Collins[emailprotected]202-403-2156SOURCE The Social App & Basil Labs Answer:

The Social App & Basil Labs Launch 'COVID-19 Testing Site Locator'--With Outbreak Prediction Algorithm Platform Features Most Comprehensive Database in the United States

WASHINGTON, April 20, 2020 /PRNewswire/ --The Social App and Basil Labs have launched The COVID-19 Testing Site Locator - a free tool for anyone in the United States to locate nearby testing locations.The utility (www.covid19testing.today) features more than 3,000 testing sitesmore than any other testing center database. Its tech stack includes AI to enrich testing center data, which is converted into a visual dashboard that can simplify a variety of data points to help governments manage operations during the pandemic. Continue Reading The COVID-19 Testing Site Locator Search and Map View It can also predict potential outbreak areas, which can help address pain points and help testing centers better manage resources when supplying treatment and handling logistics. The team is also working to partner with hospitals to help manage resources; and with governments to determine COVID-19 hotspots, and when "re-opening" might be possible. Features: Filter by drive-thrus, children-only, etc. Testing center contact info Outbreak prediction algorithm "As the COVID-19 pandemic has expanded, many companies have teamed up to provide education resources to keep the public updated on a rapidly evolving disease," Raakin Iqbal, founder of The Social App, said."We want to provide people with a centralized area to find testing locations and feel a sense of empowerment in an atmosphere that has most of us feeling otherwise in the dark on information. Our goal was to build a platform for the common good."Theo Goetemann, founder at Basil Labs, agrees."Across the country, COVID-19 testing sites are popping up but are not communicating enough with one another. This is dangerous. Silos lead to information gaps between facilities and slow adaptation of best practices.""We don't have time to waittesting sites are maxed out and hospital beds are filled up," he said. "We need to survey and understand patient experiences in order to maximize efficiency and safety at testing centers, improve in-patient flows and share this knowledge with testing centers across the nation and world."Iqbal and Goetemann, alumni of Georgetown University, launched their businesses at the Georgetown Venture Lab, a modern co-working space for the university and its network of alumni entrepreneurs. The lab is made possible by a gift from the Leonsis Family. It is operated by Georgetown Entrepreneurship, an initiative of the McDonough School of Business.Media contact:Kelly Ann Collins[emailprotected]202-403-2156SOURCE The Social App & Basil Labs

edtsum403

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)--New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter ended and full year ended December 31, 2020. FULL YEAR 2020 & FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS FULL YEAR 2020 HIGHLIGHTS RECENT BUSINESS HIGHLIGHTS Susan Givens, President & Chief Executive Officer of the Company commented, Concluding an incredibly challenging year, all of us at New Senior are extremely grateful to our operators and the associates at our communities for their dedication and responsiveness throughout the ongoing COVID-19 pandemic. Despite a rise in cases during the fourth quarter, our operators continued to effectively manage the impact of COVID-19 within our communities through their unwavering focus and tenacity. While the pandemic continues to have a significant impact on our business, we are encouraged by the recent declines in case counts nationally and within our communities. Givens continued, We continue to see features unique to our Independent Living properties that have allowed our operators to adjust protocols within our communities and effectively manage the spread of the virus while also reducing expenses in response to lower occupancy levels. Further, decisions we made heading into 2020 to strengthen our balance sheet with lower-cost floating rate debt allowed us to significantly benefit from the volatility in the interest rate environment. As a result, we are pleased to finish 2020 with AFFO per share results consistent with both our revised expectations, as well as with the initial guidance that we provided in February 2020 prior to the onset of the pandemic. Going forward, we remain focused on continuing to safely navigate through the pandemic and position New Senior for growth. To that end, I am excited to announce our new partnership with Atria Senior Living, a best-in-class senior housing operator. Atria is one of the most well-respected operators in the industry and has a proven track record of driving strong occupancy and financial performance at communities similar to those in our transition portfolio. In addition to transitioning 21 communities to Atria under an incentive-aligned management contract, we expect the relationship to improve our operator diversification, provide new perspectives on the long-term performance of our Independent Living portfolio and additional growth opportunities, Givens concluded. STRATEGIC PARTNERSHIP WITH ATRIA SENIOR LIVING New Senior announced today that it has entered into a strategic partnership with Atria Senior Living, which represents a significant step in the Companys ongoing efforts to address operator diversification and alignment. Under the terms of the new partnership, New Senior intends to transition the management of 21 properties from Holiday Retirement (Holiday) to Atria in the second quarter of 2021. Post-transition, Atria will manage 20% of the properties in the Companys Independent Living portfolio and Holiday will continue to be its largest operator relationship, managing 75% of its Independent Living properties. Atria is a leading national operator of senior housing communities across the United States and Canada, including independent living communities similar to those within New Seniors portfolio. They have a proven track record of successfully transitioning other independent living portfolios and improving occupancy and financial results. Atrias experienced management team has built a data-driven organization which utilizes proprietary tools and technologies to optimize sales and operations. Over the past year, they have been at the forefront of the senior housing industrys response to the COVID-19 pandemic and have taken extensive actions to combat the pandemic. New Senior expects these transitions to drive strong performance at these properties over time. New Senior expects the partnership to result in the following benefits: FOURTH QUARTER 2020 RESULTS For the Quarter Ended December 31, 2020 For the Quarter Ended December 31, 2019 Amount Per Basic Share Per Diluted Share Amount Per Basic Share Per Diluted Share $ (3,789 ) $ (0.05 ) $ (0.05 ) $ (6,661 ) $ (0.08 ) $ (0.08 ) $ 33,714 N/A N/A $ 36,063 N/A N/A 11,980 0.15 0.14 12,053 0.15 0.14 13,508 0.16 0.16 13,451 0.16 0.16 14,546 0.18 0.17 15,125 0.18 0.18 12,751 0.15 0.15 12,196 0.15 0.14 FULL YEAR 2020 RESULTS For the Year Ended December 31, 2020 For the Year Ended December 31, 2019 Amount Per Basic Share Per Diluted Share Amount Per Basic Share Per Diluted Share $ (6,162 ) $ (0.08 ) $ (0.08 ) $ (393 ) $ (0.00 ) $ (0.00 ) $ 138,220 N/A N/A $ 141,546 N/A N/A 40,137 0.49 0.48 81,026 0.99 0.97 53,752 0.65 0.64 49,110 0.60 0.59 59,072 0.72 0.71 55,849 0.68 0.67 53,027 0.64 0.63 45,635 0.56 0.54 (A) See end of press release for reconciliation of non-GAAP measures to net loss. FOURTH QUARTER 2020 GAAP RESULTS New Senior recorded a GAAP net loss of $3.8 million, or $(0.05) per diluted share, for the fourth quarter of 2020, compared to a GAAP net loss of $6.7 million, or $(0.08) per diluted share, for the fourth quarter of 2019. The year-over-year increase was primarily driven by the reduction of interest expense. FOURTH QUARTER AND FULL YEAR 2020 PORTFOLIO PERFORMANCE Same Store Cash NOI - Fourth Quarter Properties 4Q 2019 4Q 2020 YoY 102 $ 34,502 $ 31,011 (10.1%) 1 1,450 1,490 2.7% Total Portfolio 103 $ 35,952 $ 32,501 (9.6%) 103 $ 35,952 $ 32,501 (9.6%) - - 442 - Total Portfolio Adjusted for COVID-19 Related Expenses 103 $ 35,952 $ 32,943 (8.4%) Same Store Cash NOI - Full Year Properties 2019 2020 YoY 102 $ 137,307 $ 129,870 (5.4%) 1 5,749 5,907 2.7% Total Portfolio 103 $ 143,056 $ 135,777 (5.1%) 103 $ 143,056 $ 135,777 (5.1%) - - 3,171 - Total Portfolio Adjusted for COVID-19 Related Expenses 103 $ 143,056 $ 138,948 (2.9%) FOURTH QUARTER DIVIDEND On February 24, 2021, the Companys Board of Directors declared a cash dividend of $0.065 per share for the quarter ended December 31, 2020. The dividend is payable on March 26, 2021 to shareholders of record on March 12, 2021. COVID-19 IMPACT ON THE COMPANY The fourth quarter of 2020 continued to see the effects of the COVID-19 pandemic on our financial results. We have outlined our observations of the impact on our results to date and potential future implications below: Overview As of December 31, 2020, we owned a portfolio of 102 Independent Living (IL) properties and one Continuing Care Retirement Community (CCRC). We have approximately 10,000 residents across our 103 properties, which are currently managed by three different operators and one tenant. Property Status Known Cases Vaccine Status Occupancy Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 E Ending Occupancy 87.4% 86.2% 85.6% 84.9% 84.4% 83.9% 83.3% 83.1% 82.5% 81.8% 81.0% 80.4% Sequential Decline (130bps) (120bps) (60bps) (70bps) (50bps) (50bps) (60bps) (20bps) (60bps) (70bps) (80bps) (60bps) 1Q 2020 2Q 2020 3Q 2020 4Q 2020 Ending Occupancy 87.4% 84.9% 83.3% 81.8% Sequential Decline (130bps) (250bps) (160bps) (150bps) Expenses NOI & AFFO 4Q 2020 FY 2020 Total Same Store Cash NOI YoY Change (9.6%) (5.1%) AFFO Per Diluted Share $0.17 $0.71 FIRST QUARTER 2021 GUIDANCE Due to the ongoing uncertainty caused by the pandemic, New Senior will not be providing full year 2021 guidance at this time. However, based on the Companys financial results to date, as well as the observations and trends discussed above in COVID-19 Impact on the Company, New Senior is providing first quarter 2021 guidance for occupancy, total same store cash NOI and AFFO per share as follows: First Quarter 2021 Guidance Sequential IL Occupancy Decline Down appx. 170bps Total Same Store Cash NOI YoY (103 Properties) Down appx. 15% AFFO Per Share $0.14 to $0.15 The first quarter 2021 occupancy assumption includes monthly sequential declines of 80bps in January, 60bps in February and 30bps in March. The occupancy declines are estimated to improve throughout the quarter based on the latest trends observed, which includes an increase in lead volume in January and February. In addition, declining COVID-19 cases and the accelerating rollout of vaccines across the portfolio are expected to drive near-term improvement in occupancy trends. The estimates above are based on a number of assumptions that are subject to change and many of which are outside of the Companys control. If actual results vary from these assumptions, the Companys expectations may change. There can be no assurance that the Company will achieve these results. A reconciliation of the Companys expectations to its projected GAAP measures is included in this press release. OTHER ANNOUNCEMENTS ATM PROGRAM The Company also announced today that it intends to establish an "at-the-market" program through which it may issue and sell, from time to time, up to an aggregate of $100 million of the Company's common stock through designated broker-dealers at prevailing market prices and in such share amounts as the Company may specify. ADDITIONAL INFORMATION For additional information that management believes to be useful for investors, including more information regarding the COVID-19 pandemic and its impact on our business, please refer to the Company Update and to the Quarterly Supplement, each of which is posted in the Investor Relations section of New Seniors website, www.newseniorinv.com. EARNINGS CONFERENCE CALL Management will host a conference call on February 25, 2021 at 9:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 317-6003 (from within the U.S.) or (412) 317-6061 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please use entry number 0782659. A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newseniorinv.com. Please allow extra time prior to the call to visit the website and download any necessary software required to listen to the internet broadcast. A telephonic replay of the conference call will also be available approximately two hours following the calls completion through March 25, 2021 by dialing (877) 344-7529 (from within the U.S.) or (412) 317-0088 (from outside the U.S.); please use access code 10152039. ABOUT NEW SENIOR New Senior Investment Group Inc. (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. New Senior is one of the largest owners of senior housing properties, with 103 properties across 36 states. More information about New Senior can be found at www.newseniorinv.com. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain information in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding New Seniors 2021 strategic priorities and expectations with respect to the potential range of 2021 financial results; the expected impact of the COVID-19 pandemic on our business, liquidity, properties, operators and the health systems and populations that we serve; the cost and effectiveness of measures we have taken to respond to the COVID-19 pandemic, including health and safety protocols and system capacity enhancements that are intended to limit the transmission of COVID-19 at our properties; our expected occupancy rates and operating expenses; and the declaration or amount of any future dividend. These statements are not historical facts. They represent managements current expectations regarding future events and are subject to a number of risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties relating to the continuing impact of COVID-19 on our operations and the operation of our facilities, including ongoing cases at certain of our facilities, the speed, geographic reach and duration of the COVID-19 pandemic; the legal, regulatory and administrative developments that occur at the federal, state and local levels; the efficacy of our operators infectious disease protocols and prevention efforts; the broader impact of the pandemic on local economies and labor markets; the overall demand for our communities in the recovery period following the pandemic; our ability to successfully manage the asset management by third parties; and market conditions generally which affect demand and supply for senior housing. We believe that the adverse impact that COVID-19 will have on the future operations and financial results at our communities will depend upon many factors, most of which are beyond our ability to control or predict. Accordingly, you should not place undue reliance on any forward-looking statements contained herein. For a discussion of these and other risks and important factors that could affect such forward-looking statements, see the sections entitled Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in the Companys most recent annual and quarterly reports filed with the Securities and Exchange Commission, which are available on the Companys website (www.newseniorinv.com). New risks and uncertainties emerge from time to time, and it is not possible for us to predict or assess the impact of every factor that may cause our results to differ materially from those anticipated by any forward-looking statements. Forward-looking statements contained herein, and all statements made in this press release, speak only as of the date of this press release, and the Company expressly disclaims any duty or obligation to release publicly any updates or revisions to any statements contained herein to reflect any change in the Companys expectations with regard thereto or change in events, conditions or circumstances on which any statement is based. December 31, 2020 December 31, 2019 $ 134,643 $ 134,643 1,983,363 1,970,036 (417,455 ) (351,555 ) 1,700,551 1,753,124 7,642 7,642 (2,595 ) (2,238 ) 5,047 5,404 1,705,598 1,758,528 - 363,489 33,046 39,614 34,892 33,078 $ 1,773,536 $ 2,194,709 $ 1,486,164 $ 1,590,632 - 267,856 63,886 59,320 1,550,050 1,917,808 20,253 40,506 - - 830 830 907,577 901,889 (694,194 ) (660,588 ) (10,980 ) (5,736 ) 203,233 236,395 $ 1,773,536 $ 2,194,709 Three Months Ended December 31, Year Ended December 31, 2020 2019 2020 2019 (unaudited) $ 80,411 $ 84,630 $ 329,951 $ 339,573 1,582 1,583 6,330 6,330 81,993 86,212 336,281 345,903 48,279 50,149 198,061 204,357 14,522 17,982 61,562 76,364 15,769 17,502 66,291 68,806 5,373 5,925 23,018 21,672 272 332 467 1,501 - - 5,884 335 944 683 1,464 2,076 85,159 92,573 356,747 375,111 - - - (122 ) - 82 - 38,308 (3,166 ) (6,279 ) (20,466 ) 8,978 22 22 178 210 (3,188 ) (6,301 ) (20,644 ) 8,768 - - 19,992 - - 245 (3,107 ) (6,754 ) - 245 16,885 (6,754 ) (3,188 ) (6,056 ) (3,759 ) 2,014 (601 ) (605 ) (2,403 ) (2,407 ) ($ 3,789 ) ($ 6,661 ) ($ 6,162 ) ($ 393 ) ($ 0.05 ) ($ 0.08 ) ($ 0.28 ) $ 0.08 - 0.00 0.20 (0.08 ) (0.05 ) (0.08 ) (0.08 ) (0.00 ) ($ 0.05 ) ($ 0.08 ) ($ 0.28 ) $ 0.08 - 0.00 0.20 (0.08 ) (0.05 ) (0.08 ) (0.08 ) (0.00 ) 82,568,966 82,209,844 82,496,460 82,208,173 82,568,966 82,209,844 82,496,460 82,208,173 $ 0.07 $ 0.13 $ 0.33 $ 0.52 (A) Basic earnings per common share (EPS) is calculated by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding. The outstanding shares used to calculate the weighted average basic shares exclude 454,921 and 754,594 restricted stock awards, net of forfeitures, as of December 31, 2020 and 2019 respectively, as those shares were issued but were not vested and therefore, not considered outstanding for purposes of computing basic income (loss) per share. Diluted EPS is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding plus the additional dilutive effect, if any, of common stock equivalents during each period. (B) Dilutive share equivalents and options were excluded for the three months ended December 31, 2020 and 2019, and for the year ended December 31, 2020 as their inclusion would have been anti-dilutive given our loss position. For the Quarter Ended For the Year Ended December 31, 2020 December 31, 2020 $ 81,993 $ 336,281 (48,279 ) (198,061 ) 33,714 138,220 (14,522 ) (61,562 ) (15,769 ) (66,291 ) (5,373 ) (23,018 ) (272 ) (467 ) (5,884 ) (944 ) (1,464 ) (22 ) (178 ) (3,188 ) (20,644 ) 19,992 (3,107 ) - 16,885 (3,188 ) (3,759 ) (601 ) (2,403 ) $ (3,789 ) $ (6,162 ) Reconciliation of Net Income to FFO, Normalized FFO, AFFO and Normalized FAD (unaudited) (dollars and shares in thousands, except per share data) For the Quarter Ended For the Year Ended December 31, 2020 December 31, 2020 $ (3,789 ) $ (6,162 ) - (19,992 ) 15,769 66,291 $ 11,980 $ 40,137 $ 0.15 $ 0.49 $ 0.14 $ 0.48 272 1,504 299 1,280 - 9,486 957 1,345 $ 13,508 $ 53,752 $ 0.16 $ 0.65 $ 0.16 $ 0.64 (95 ) (431 ) 799 3,380 (1,118 ) (3,022 ) 1,452 5,393 $ 14,546 $ 59,072 $ 0.18 $ 0.72 $ 0.17 $ 0.71 (1,795 ) (6,045 ) $ 12,751 $ 53,027 $ 0.15 $ 0.64 $ 0.15 $ 0.63 82,569 82,496 84,272 83,547 (A) Primarily includes insurance recoveries and casualty related charges. (B) Includes amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. (C) Diluted share amounts have been calculated using the treasury stock method. 4Q 2020 4Q 2019 IL Properties CCRC Total IL Properties CCRC Total $31,453 $1,490 $32,943 $34,502 $1,450 $35,952 (442 ) - (442 ) - - 31,011 1,490 32,501 34,502 1,450 35,952 - 95 95 - 134 134 1,120 (2 ) 1,118 (21 ) (2 ) (23 ) $32,131 $1,583 $33,714 $34,481 $1,583 $36,063 (14,522 ) (17,982 ) (15,769 ) (17,502 ) (5,373 ) (5,925 ) (272 ) (332 ) (944 ) (683 ) (22 ) (22 ) 82 (3,188 ) (6,301 ) 245 (3,188 ) (6,056 ) (601 ) (605 ) ($3,789 ) ($6,661 ) (A) Consists of amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. 4Q 2020 3Q 2020 IL Properties CCRC Total IL Properties CCRC Total $31,453 $1,490 $32,943 $32,250 $1,490 $33,740 (442 ) - (442 ) (785 ) - (785 ) 31,011 1,490 32,501 31,465 1,490 32,955 - 95 95 - 95 95 1,120 (2 ) 1,118 160 (2 ) 158 $32,131 $1,583 $33,714 $31,625 $1,583 $33,208 (14,522 ) (14,540 ) (15,769 ) (16,204 ) (5,373 ) (5,905 ) (272 ) (43 ) (944 ) (192 ) (22 ) (74 ) (3,188 ) (3,750 ) (601 ) (605 ) ($3,789 ) ($4,355 ) (A) Consists of amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. 2020 2019 IL Properties CCRC Total IL Properties CCRC / Other Properties Total $133,041 $5,907 $138,948 $137,307 $5,749 $143,056 (3,171 ) - (3,171 ) - - - 129,870 5,907 135,777 137,307 5,749 143,056 - - - - (626 ) (626 ) - 431 431 - 589 589 2,020 (8 ) 2,012 (1,539 ) 66 (1,473 ) $131,890 $6,330 $138,220 $135,768 $5,778 $141,546 (61,562 ) (76,364 ) (66,291 ) (68,806 ) (23,018 ) (21,672 ) (467 ) (1,501 ) (5,884 ) (335 ) (1,464 ) (2,076 ) (178 ) (210 ) 38,308 (122 ) (20,644 ) 8,768 19,992 (3,107 ) (6,754 ) 16,885 (6,754 ) (3,759 ) 2,014 (2,403 ) (2,407 ) ($6,162 ) ($393 ) (A) Consists of amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. Interest Expense Reconciliation (dollars in thousands) 4Q 2020 3Q 2020 2Q 2020 $ 14,522 $ 14,540 $ 15,281 (799 ) (803 ) (872 ) $ 13,723 $ 13,737 $ 14,409 First Quarter 2021 Per Diluted Share Low High $(0.08) - $(0.07) 0.19 - 0.19 $0.11 - $0.12 0.01 - 0.01 $0.12 - $0.13 0.01 - 0.01 (0.01) - (0.01) 0.02 - 0.02 $0.14 - $0.15 ROUNDING Throughout this Press Release, totals and subtotals of certain tables may not sum due to rounding. NON-GAAP FINANCIAL MEASURES The tables above set forth reconciliations of non-GAAP measures to net income (loss), which is the most directly comparable GAAP financial measure. A non-GAAP financial measure is a measure of historical or future financial performance, financial position or cash flows that excludes or includes amounts that are not excluded from or included in the most comparable GAAP measure. We consider certain non-GAAP financial measures to be useful supplemental measures of our operating performance. GAAP accounting for real estate assets assumes that the value of real estate assets diminishes predictably over time, even though real estate values historically have risen or fallen with market conditions. As a result, many industry investors look to non-GAAP financial measures for supplemental information about real estate companies. You should not consider non-GAAP measures as alternatives to GAAP net (loss) income, which is an indicator of our financial performance, or as alternatives to GAAP cash flow from operating activities, which is a liquidity measure, nor are non-GAAP measures necessarily indicative of our ability to satisfy our funding requirements. In order to facilitate a clear understanding of our consolidated historical operating results, you should examine our non-GAAP measures in conjunction with GAAP net (loss) income as presented in our Consolidated Financial Statements and other financial data included elsewhere in this press release. Moreover, the comparability of non-GAAP financial measures across companies may be limited as a result of differences in the manner in which real estate companies calculate such measures, the capital structure of such companies or other factors. Below is a description of the non-GAAP financial measures presented herein. NOI, Cash NOI and Cash Interest Expense The Company evaluates the performance of our properties based on NOI and cash NOI. The Company defines NOI as total revenues less property-level operating expenses, which include property management fees and travel cost reimbursements. The sum of the NOI for each segment is total NOI, which the Company uses to evaluate the aggregate performance of its segments. The Company defines Cash NOI as NOI excluding the effects of straight-line rent, amortization of above / below market lease intangibles and amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. We believe that NOI and Cash NOI serve as useful supplemental measures to net income because they allow investors, analysts and management to measure unlevered property-level operating results and to compare our operating results between periods and to the operating results of other real estate companies on a consistent basis. Same store NOI and same store cash NOI include only properties owned for the entirety of comparable periods. Properties acquired, sold, transitioned to other operators or between segments, or classified as held for sale or discontinued operations during the comparable periods are excluded from the same store amounts. Please see the Companys most recent quarterly report filed with the Securities and Exchange Commission for more information. Cash interest expense is defined as interest expense excluding the amortization of deferred financing costs and includes the interest expense on debt repaid upon the sale of the AL/MC portfolio (classified as discontinued operations). FFO and Other Non-GAAP Measures We use Funds From Operations ("FFO") and Normalized FFO as supplemental measures of our operating performance. We use the National Association of Real Estate Investment Trusts ("NAREIT") definition of FFO. NAREIT defines FFO as GAAP net income (loss) attributable to common stockholders, which includes loss from discontinued operations, excluding gains (losses) from sales of depreciable real estate assets and impairment charges of depreciable real estate, plus real estate depreciation and amortization, and after adjustments for unconsolidated entities and joint ventures to reflect FFO on the same basis. FFO does not account for debt principal payments and is not intended as a measure of a REITs ability to satisfy such payments or any other cash requirements. Normalized FFO, as defined below, measures the financial performance of our portfolio of assets excluding items that, although incidental to, are not reflective of the day-to-day operating performance of our portfolio of assets. We believe that Normalized FFO is useful because it facilitates the evaluation of our portfolios operating performance (i) between periods on a consistent basis and (ii) to the operating performance of other real estate companies. However, comparability may be limited because our calculation of Normalized FFO may differ significantly from that of other companies or because of features of our business that are not present in other companies. We define Normalized FFO as FFO excluding the following income and expense items, as applicable: (a) acquisition, transaction and integration related expenses; (b) the write off of unamortized discounts, premiums, deferred financing costs, or additional costs, make whole payments and penalties or premiums incurred as the result of early repayment of debt (collectively Gain (Loss) on extinguishment of debt); (c) incentive compensation to affiliate recognized as a result of sales of real estate; (d) the remeasurement of deferred tax assets; (e) valuation allowance on deferred tax assets, net; (f) termination fee to affiliate; (g) gain on lease termination; (h) compensation expense related to transition awards; (i) litigation proceeds; and (j) other items that we believe are not indicative of operating performance, generally reported as Other expense (income) in our Consolidated Statements of Operations. We also use Adjusted FFO (AFFO) and Normalized FAD as supplemental measures of our operating performance. We believe AFFO is useful because it facilitates the evaluation of (i) the current economic return on our portfolio of assets between periods on a consistent basis and (ii) our portfolio versus those of other real estate companies that report AFFO. However, comparability may be limited because our calculation of AFFO may differ significantly from that of other companies, or because of features of our business that are not present in other companies. We define AFFO as Normalized FFO excluding the impact of the following: (a) straight-line rents; (b) amortization of above / below market lease intangibles; (c) amortization of deferred financing costs; (d) amortization of premium or discount on mortgage notes payable; (e) amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives, and (f) amortization of equity-based compensation expense. We define Normalized FAD as AFFO less routine capital expenditures, which we view as a cost associated with the current economic return. Normalized FAD, which does not reflect debt principal payments and certain other expenses, does not represent cash available for distribution to shareholders. We believe Normalized FAD is useful because it fully reflects the additional economic costs of maintaining the condition of the portfolio. Answer:

New Senior Announces Fourth Quarter and Full Year 2020 Results

NEW YORK--(BUSINESS WIRE)--New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter ended and full year ended December 31, 2020. FULL YEAR 2020 & FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS FULL YEAR 2020 HIGHLIGHTS RECENT BUSINESS HIGHLIGHTS Susan Givens, President & Chief Executive Officer of the Company commented, Concluding an incredibly challenging year, all of us at New Senior are extremely grateful to our operators and the associates at our communities for their dedication and responsiveness throughout the ongoing COVID-19 pandemic. Despite a rise in cases during the fourth quarter, our operators continued to effectively manage the impact of COVID-19 within our communities through their unwavering focus and tenacity. While the pandemic continues to have a significant impact on our business, we are encouraged by the recent declines in case counts nationally and within our communities. Givens continued, We continue to see features unique to our Independent Living properties that have allowed our operators to adjust protocols within our communities and effectively manage the spread of the virus while also reducing expenses in response to lower occupancy levels. Further, decisions we made heading into 2020 to strengthen our balance sheet with lower-cost floating rate debt allowed us to significantly benefit from the volatility in the interest rate environment. As a result, we are pleased to finish 2020 with AFFO per share results consistent with both our revised expectations, as well as with the initial guidance that we provided in February 2020 prior to the onset of the pandemic. Going forward, we remain focused on continuing to safely navigate through the pandemic and position New Senior for growth. To that end, I am excited to announce our new partnership with Atria Senior Living, a best-in-class senior housing operator. Atria is one of the most well-respected operators in the industry and has a proven track record of driving strong occupancy and financial performance at communities similar to those in our transition portfolio. In addition to transitioning 21 communities to Atria under an incentive-aligned management contract, we expect the relationship to improve our operator diversification, provide new perspectives on the long-term performance of our Independent Living portfolio and additional growth opportunities, Givens concluded. STRATEGIC PARTNERSHIP WITH ATRIA SENIOR LIVING New Senior announced today that it has entered into a strategic partnership with Atria Senior Living, which represents a significant step in the Companys ongoing efforts to address operator diversification and alignment. Under the terms of the new partnership, New Senior intends to transition the management of 21 properties from Holiday Retirement (Holiday) to Atria in the second quarter of 2021. Post-transition, Atria will manage 20% of the properties in the Companys Independent Living portfolio and Holiday will continue to be its largest operator relationship, managing 75% of its Independent Living properties. Atria is a leading national operator of senior housing communities across the United States and Canada, including independent living communities similar to those within New Seniors portfolio. They have a proven track record of successfully transitioning other independent living portfolios and improving occupancy and financial results. Atrias experienced management team has built a data-driven organization which utilizes proprietary tools and technologies to optimize sales and operations. Over the past year, they have been at the forefront of the senior housing industrys response to the COVID-19 pandemic and have taken extensive actions to combat the pandemic. New Senior expects these transitions to drive strong performance at these properties over time. New Senior expects the partnership to result in the following benefits: FOURTH QUARTER 2020 RESULTS For the Quarter Ended December 31, 2020 For the Quarter Ended December 31, 2019 Amount Per Basic Share Per Diluted Share Amount Per Basic Share Per Diluted Share $ (3,789 ) $ (0.05 ) $ (0.05 ) $ (6,661 ) $ (0.08 ) $ (0.08 ) $ 33,714 N/A N/A $ 36,063 N/A N/A 11,980 0.15 0.14 12,053 0.15 0.14 13,508 0.16 0.16 13,451 0.16 0.16 14,546 0.18 0.17 15,125 0.18 0.18 12,751 0.15 0.15 12,196 0.15 0.14 FULL YEAR 2020 RESULTS For the Year Ended December 31, 2020 For the Year Ended December 31, 2019 Amount Per Basic Share Per Diluted Share Amount Per Basic Share Per Diluted Share $ (6,162 ) $ (0.08 ) $ (0.08 ) $ (393 ) $ (0.00 ) $ (0.00 ) $ 138,220 N/A N/A $ 141,546 N/A N/A 40,137 0.49 0.48 81,026 0.99 0.97 53,752 0.65 0.64 49,110 0.60 0.59 59,072 0.72 0.71 55,849 0.68 0.67 53,027 0.64 0.63 45,635 0.56 0.54 (A) See end of press release for reconciliation of non-GAAP measures to net loss. FOURTH QUARTER 2020 GAAP RESULTS New Senior recorded a GAAP net loss of $3.8 million, or $(0.05) per diluted share, for the fourth quarter of 2020, compared to a GAAP net loss of $6.7 million, or $(0.08) per diluted share, for the fourth quarter of 2019. The year-over-year increase was primarily driven by the reduction of interest expense. FOURTH QUARTER AND FULL YEAR 2020 PORTFOLIO PERFORMANCE Same Store Cash NOI - Fourth Quarter Properties 4Q 2019 4Q 2020 YoY 102 $ 34,502 $ 31,011 (10.1%) 1 1,450 1,490 2.7% Total Portfolio 103 $ 35,952 $ 32,501 (9.6%) 103 $ 35,952 $ 32,501 (9.6%) - - 442 - Total Portfolio Adjusted for COVID-19 Related Expenses 103 $ 35,952 $ 32,943 (8.4%) Same Store Cash NOI - Full Year Properties 2019 2020 YoY 102 $ 137,307 $ 129,870 (5.4%) 1 5,749 5,907 2.7% Total Portfolio 103 $ 143,056 $ 135,777 (5.1%) 103 $ 143,056 $ 135,777 (5.1%) - - 3,171 - Total Portfolio Adjusted for COVID-19 Related Expenses 103 $ 143,056 $ 138,948 (2.9%) FOURTH QUARTER DIVIDEND On February 24, 2021, the Companys Board of Directors declared a cash dividend of $0.065 per share for the quarter ended December 31, 2020. The dividend is payable on March 26, 2021 to shareholders of record on March 12, 2021. COVID-19 IMPACT ON THE COMPANY The fourth quarter of 2020 continued to see the effects of the COVID-19 pandemic on our financial results. We have outlined our observations of the impact on our results to date and potential future implications below: Overview As of December 31, 2020, we owned a portfolio of 102 Independent Living (IL) properties and one Continuing Care Retirement Community (CCRC). We have approximately 10,000 residents across our 103 properties, which are currently managed by three different operators and one tenant. Property Status Known Cases Vaccine Status Occupancy Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 E Ending Occupancy 87.4% 86.2% 85.6% 84.9% 84.4% 83.9% 83.3% 83.1% 82.5% 81.8% 81.0% 80.4% Sequential Decline (130bps) (120bps) (60bps) (70bps) (50bps) (50bps) (60bps) (20bps) (60bps) (70bps) (80bps) (60bps) 1Q 2020 2Q 2020 3Q 2020 4Q 2020 Ending Occupancy 87.4% 84.9% 83.3% 81.8% Sequential Decline (130bps) (250bps) (160bps) (150bps) Expenses NOI & AFFO 4Q 2020 FY 2020 Total Same Store Cash NOI YoY Change (9.6%) (5.1%) AFFO Per Diluted Share $0.17 $0.71 FIRST QUARTER 2021 GUIDANCE Due to the ongoing uncertainty caused by the pandemic, New Senior will not be providing full year 2021 guidance at this time. However, based on the Companys financial results to date, as well as the observations and trends discussed above in COVID-19 Impact on the Company, New Senior is providing first quarter 2021 guidance for occupancy, total same store cash NOI and AFFO per share as follows: First Quarter 2021 Guidance Sequential IL Occupancy Decline Down appx. 170bps Total Same Store Cash NOI YoY (103 Properties) Down appx. 15% AFFO Per Share $0.14 to $0.15 The first quarter 2021 occupancy assumption includes monthly sequential declines of 80bps in January, 60bps in February and 30bps in March. The occupancy declines are estimated to improve throughout the quarter based on the latest trends observed, which includes an increase in lead volume in January and February. In addition, declining COVID-19 cases and the accelerating rollout of vaccines across the portfolio are expected to drive near-term improvement in occupancy trends. The estimates above are based on a number of assumptions that are subject to change and many of which are outside of the Companys control. If actual results vary from these assumptions, the Companys expectations may change. There can be no assurance that the Company will achieve these results. A reconciliation of the Companys expectations to its projected GAAP measures is included in this press release. OTHER ANNOUNCEMENTS ATM PROGRAM The Company also announced today that it intends to establish an "at-the-market" program through which it may issue and sell, from time to time, up to an aggregate of $100 million of the Company's common stock through designated broker-dealers at prevailing market prices and in such share amounts as the Company may specify. ADDITIONAL INFORMATION For additional information that management believes to be useful for investors, including more information regarding the COVID-19 pandemic and its impact on our business, please refer to the Company Update and to the Quarterly Supplement, each of which is posted in the Investor Relations section of New Seniors website, www.newseniorinv.com. EARNINGS CONFERENCE CALL Management will host a conference call on February 25, 2021 at 9:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 317-6003 (from within the U.S.) or (412) 317-6061 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please use entry number 0782659. A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newseniorinv.com. Please allow extra time prior to the call to visit the website and download any necessary software required to listen to the internet broadcast. A telephonic replay of the conference call will also be available approximately two hours following the calls completion through March 25, 2021 by dialing (877) 344-7529 (from within the U.S.) or (412) 317-0088 (from outside the U.S.); please use access code 10152039. ABOUT NEW SENIOR New Senior Investment Group Inc. (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. New Senior is one of the largest owners of senior housing properties, with 103 properties across 36 states. More information about New Senior can be found at www.newseniorinv.com. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain information in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding New Seniors 2021 strategic priorities and expectations with respect to the potential range of 2021 financial results; the expected impact of the COVID-19 pandemic on our business, liquidity, properties, operators and the health systems and populations that we serve; the cost and effectiveness of measures we have taken to respond to the COVID-19 pandemic, including health and safety protocols and system capacity enhancements that are intended to limit the transmission of COVID-19 at our properties; our expected occupancy rates and operating expenses; and the declaration or amount of any future dividend. These statements are not historical facts. They represent managements current expectations regarding future events and are subject to a number of risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties relating to the continuing impact of COVID-19 on our operations and the operation of our facilities, including ongoing cases at certain of our facilities, the speed, geographic reach and duration of the COVID-19 pandemic; the legal, regulatory and administrative developments that occur at the federal, state and local levels; the efficacy of our operators infectious disease protocols and prevention efforts; the broader impact of the pandemic on local economies and labor markets; the overall demand for our communities in the recovery period following the pandemic; our ability to successfully manage the asset management by third parties; and market conditions generally which affect demand and supply for senior housing. We believe that the adverse impact that COVID-19 will have on the future operations and financial results at our communities will depend upon many factors, most of which are beyond our ability to control or predict. Accordingly, you should not place undue reliance on any forward-looking statements contained herein. For a discussion of these and other risks and important factors that could affect such forward-looking statements, see the sections entitled Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in the Companys most recent annual and quarterly reports filed with the Securities and Exchange Commission, which are available on the Companys website (www.newseniorinv.com). New risks and uncertainties emerge from time to time, and it is not possible for us to predict or assess the impact of every factor that may cause our results to differ materially from those anticipated by any forward-looking statements. Forward-looking statements contained herein, and all statements made in this press release, speak only as of the date of this press release, and the Company expressly disclaims any duty or obligation to release publicly any updates or revisions to any statements contained herein to reflect any change in the Companys expectations with regard thereto or change in events, conditions or circumstances on which any statement is based. December 31, 2020 December 31, 2019 $ 134,643 $ 134,643 1,983,363 1,970,036 (417,455 ) (351,555 ) 1,700,551 1,753,124 7,642 7,642 (2,595 ) (2,238 ) 5,047 5,404 1,705,598 1,758,528 - 363,489 33,046 39,614 34,892 33,078 $ 1,773,536 $ 2,194,709 $ 1,486,164 $ 1,590,632 - 267,856 63,886 59,320 1,550,050 1,917,808 20,253 40,506 - - 830 830 907,577 901,889 (694,194 ) (660,588 ) (10,980 ) (5,736 ) 203,233 236,395 $ 1,773,536 $ 2,194,709 Three Months Ended December 31, Year Ended December 31, 2020 2019 2020 2019 (unaudited) $ 80,411 $ 84,630 $ 329,951 $ 339,573 1,582 1,583 6,330 6,330 81,993 86,212 336,281 345,903 48,279 50,149 198,061 204,357 14,522 17,982 61,562 76,364 15,769 17,502 66,291 68,806 5,373 5,925 23,018 21,672 272 332 467 1,501 - - 5,884 335 944 683 1,464 2,076 85,159 92,573 356,747 375,111 - - - (122 ) - 82 - 38,308 (3,166 ) (6,279 ) (20,466 ) 8,978 22 22 178 210 (3,188 ) (6,301 ) (20,644 ) 8,768 - - 19,992 - - 245 (3,107 ) (6,754 ) - 245 16,885 (6,754 ) (3,188 ) (6,056 ) (3,759 ) 2,014 (601 ) (605 ) (2,403 ) (2,407 ) ($ 3,789 ) ($ 6,661 ) ($ 6,162 ) ($ 393 ) ($ 0.05 ) ($ 0.08 ) ($ 0.28 ) $ 0.08 - 0.00 0.20 (0.08 ) (0.05 ) (0.08 ) (0.08 ) (0.00 ) ($ 0.05 ) ($ 0.08 ) ($ 0.28 ) $ 0.08 - 0.00 0.20 (0.08 ) (0.05 ) (0.08 ) (0.08 ) (0.00 ) 82,568,966 82,209,844 82,496,460 82,208,173 82,568,966 82,209,844 82,496,460 82,208,173 $ 0.07 $ 0.13 $ 0.33 $ 0.52 (A) Basic earnings per common share (EPS) is calculated by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding. The outstanding shares used to calculate the weighted average basic shares exclude 454,921 and 754,594 restricted stock awards, net of forfeitures, as of December 31, 2020 and 2019 respectively, as those shares were issued but were not vested and therefore, not considered outstanding for purposes of computing basic income (loss) per share. Diluted EPS is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding plus the additional dilutive effect, if any, of common stock equivalents during each period. (B) Dilutive share equivalents and options were excluded for the three months ended December 31, 2020 and 2019, and for the year ended December 31, 2020 as their inclusion would have been anti-dilutive given our loss position. For the Quarter Ended For the Year Ended December 31, 2020 December 31, 2020 $ 81,993 $ 336,281 (48,279 ) (198,061 ) 33,714 138,220 (14,522 ) (61,562 ) (15,769 ) (66,291 ) (5,373 ) (23,018 ) (272 ) (467 ) (5,884 ) (944 ) (1,464 ) (22 ) (178 ) (3,188 ) (20,644 ) 19,992 (3,107 ) - 16,885 (3,188 ) (3,759 ) (601 ) (2,403 ) $ (3,789 ) $ (6,162 ) Reconciliation of Net Income to FFO, Normalized FFO, AFFO and Normalized FAD (unaudited) (dollars and shares in thousands, except per share data) For the Quarter Ended For the Year Ended December 31, 2020 December 31, 2020 $ (3,789 ) $ (6,162 ) - (19,992 ) 15,769 66,291 $ 11,980 $ 40,137 $ 0.15 $ 0.49 $ 0.14 $ 0.48 272 1,504 299 1,280 - 9,486 957 1,345 $ 13,508 $ 53,752 $ 0.16 $ 0.65 $ 0.16 $ 0.64 (95 ) (431 ) 799 3,380 (1,118 ) (3,022 ) 1,452 5,393 $ 14,546 $ 59,072 $ 0.18 $ 0.72 $ 0.17 $ 0.71 (1,795 ) (6,045 ) $ 12,751 $ 53,027 $ 0.15 $ 0.64 $ 0.15 $ 0.63 82,569 82,496 84,272 83,547 (A) Primarily includes insurance recoveries and casualty related charges. (B) Includes amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. (C) Diluted share amounts have been calculated using the treasury stock method. 4Q 2020 4Q 2019 IL Properties CCRC Total IL Properties CCRC Total $31,453 $1,490 $32,943 $34,502 $1,450 $35,952 (442 ) - (442 ) - - 31,011 1,490 32,501 34,502 1,450 35,952 - 95 95 - 134 134 1,120 (2 ) 1,118 (21 ) (2 ) (23 ) $32,131 $1,583 $33,714 $34,481 $1,583 $36,063 (14,522 ) (17,982 ) (15,769 ) (17,502 ) (5,373 ) (5,925 ) (272 ) (332 ) (944 ) (683 ) (22 ) (22 ) 82 (3,188 ) (6,301 ) 245 (3,188 ) (6,056 ) (601 ) (605 ) ($3,789 ) ($6,661 ) (A) Consists of amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. 4Q 2020 3Q 2020 IL Properties CCRC Total IL Properties CCRC Total $31,453 $1,490 $32,943 $32,250 $1,490 $33,740 (442 ) - (442 ) (785 ) - (785 ) 31,011 1,490 32,501 31,465 1,490 32,955 - 95 95 - 95 95 1,120 (2 ) 1,118 160 (2 ) 158 $32,131 $1,583 $33,714 $31,625 $1,583 $33,208 (14,522 ) (14,540 ) (15,769 ) (16,204 ) (5,373 ) (5,905 ) (272 ) (43 ) (944 ) (192 ) (22 ) (74 ) (3,188 ) (3,750 ) (601 ) (605 ) ($3,789 ) ($4,355 ) (A) Consists of amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. 2020 2019 IL Properties CCRC Total IL Properties CCRC / Other Properties Total $133,041 $5,907 $138,948 $137,307 $5,749 $143,056 (3,171 ) - (3,171 ) - - - 129,870 5,907 135,777 137,307 5,749 143,056 - - - - (626 ) (626 ) - 431 431 - 589 589 2,020 (8 ) 2,012 (1,539 ) 66 (1,473 ) $131,890 $6,330 $138,220 $135,768 $5,778 $141,546 (61,562 ) (76,364 ) (66,291 ) (68,806 ) (23,018 ) (21,672 ) (467 ) (1,501 ) (5,884 ) (335 ) (1,464 ) (2,076 ) (178 ) (210 ) 38,308 (122 ) (20,644 ) 8,768 19,992 (3,107 ) (6,754 ) 16,885 (6,754 ) (3,759 ) 2,014 (2,403 ) (2,407 ) ($6,162 ) ($393 ) (A) Consists of amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. Interest Expense Reconciliation (dollars in thousands) 4Q 2020 3Q 2020 2Q 2020 $ 14,522 $ 14,540 $ 15,281 (799 ) (803 ) (872 ) $ 13,723 $ 13,737 $ 14,409 First Quarter 2021 Per Diluted Share Low High $(0.08) - $(0.07) 0.19 - 0.19 $0.11 - $0.12 0.01 - 0.01 $0.12 - $0.13 0.01 - 0.01 (0.01) - (0.01) 0.02 - 0.02 $0.14 - $0.15 ROUNDING Throughout this Press Release, totals and subtotals of certain tables may not sum due to rounding. NON-GAAP FINANCIAL MEASURES The tables above set forth reconciliations of non-GAAP measures to net income (loss), which is the most directly comparable GAAP financial measure. A non-GAAP financial measure is a measure of historical or future financial performance, financial position or cash flows that excludes or includes amounts that are not excluded from or included in the most comparable GAAP measure. We consider certain non-GAAP financial measures to be useful supplemental measures of our operating performance. GAAP accounting for real estate assets assumes that the value of real estate assets diminishes predictably over time, even though real estate values historically have risen or fallen with market conditions. As a result, many industry investors look to non-GAAP financial measures for supplemental information about real estate companies. You should not consider non-GAAP measures as alternatives to GAAP net (loss) income, which is an indicator of our financial performance, or as alternatives to GAAP cash flow from operating activities, which is a liquidity measure, nor are non-GAAP measures necessarily indicative of our ability to satisfy our funding requirements. In order to facilitate a clear understanding of our consolidated historical operating results, you should examine our non-GAAP measures in conjunction with GAAP net (loss) income as presented in our Consolidated Financial Statements and other financial data included elsewhere in this press release. Moreover, the comparability of non-GAAP financial measures across companies may be limited as a result of differences in the manner in which real estate companies calculate such measures, the capital structure of such companies or other factors. Below is a description of the non-GAAP financial measures presented herein. NOI, Cash NOI and Cash Interest Expense The Company evaluates the performance of our properties based on NOI and cash NOI. The Company defines NOI as total revenues less property-level operating expenses, which include property management fees and travel cost reimbursements. The sum of the NOI for each segment is total NOI, which the Company uses to evaluate the aggregate performance of its segments. The Company defines Cash NOI as NOI excluding the effects of straight-line rent, amortization of above / below market lease intangibles and amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives. We believe that NOI and Cash NOI serve as useful supplemental measures to net income because they allow investors, analysts and management to measure unlevered property-level operating results and to compare our operating results between periods and to the operating results of other real estate companies on a consistent basis. Same store NOI and same store cash NOI include only properties owned for the entirety of comparable periods. Properties acquired, sold, transitioned to other operators or between segments, or classified as held for sale or discontinued operations during the comparable periods are excluded from the same store amounts. Please see the Companys most recent quarterly report filed with the Securities and Exchange Commission for more information. Cash interest expense is defined as interest expense excluding the amortization of deferred financing costs and includes the interest expense on debt repaid upon the sale of the AL/MC portfolio (classified as discontinued operations). FFO and Other Non-GAAP Measures We use Funds From Operations ("FFO") and Normalized FFO as supplemental measures of our operating performance. We use the National Association of Real Estate Investment Trusts ("NAREIT") definition of FFO. NAREIT defines FFO as GAAP net income (loss) attributable to common stockholders, which includes loss from discontinued operations, excluding gains (losses) from sales of depreciable real estate assets and impairment charges of depreciable real estate, plus real estate depreciation and amortization, and after adjustments for unconsolidated entities and joint ventures to reflect FFO on the same basis. FFO does not account for debt principal payments and is not intended as a measure of a REITs ability to satisfy such payments or any other cash requirements. Normalized FFO, as defined below, measures the financial performance of our portfolio of assets excluding items that, although incidental to, are not reflective of the day-to-day operating performance of our portfolio of assets. We believe that Normalized FFO is useful because it facilitates the evaluation of our portfolios operating performance (i) between periods on a consistent basis and (ii) to the operating performance of other real estate companies. However, comparability may be limited because our calculation of Normalized FFO may differ significantly from that of other companies or because of features of our business that are not present in other companies. We define Normalized FFO as FFO excluding the following income and expense items, as applicable: (a) acquisition, transaction and integration related expenses; (b) the write off of unamortized discounts, premiums, deferred financing costs, or additional costs, make whole payments and penalties or premiums incurred as the result of early repayment of debt (collectively Gain (Loss) on extinguishment of debt); (c) incentive compensation to affiliate recognized as a result of sales of real estate; (d) the remeasurement of deferred tax assets; (e) valuation allowance on deferred tax assets, net; (f) termination fee to affiliate; (g) gain on lease termination; (h) compensation expense related to transition awards; (i) litigation proceeds; and (j) other items that we believe are not indicative of operating performance, generally reported as Other expense (income) in our Consolidated Statements of Operations. We also use Adjusted FFO (AFFO) and Normalized FAD as supplemental measures of our operating performance. We believe AFFO is useful because it facilitates the evaluation of (i) the current economic return on our portfolio of assets between periods on a consistent basis and (ii) our portfolio versus those of other real estate companies that report AFFO. However, comparability may be limited because our calculation of AFFO may differ significantly from that of other companies, or because of features of our business that are not present in other companies. We define AFFO as Normalized FFO excluding the impact of the following: (a) straight-line rents; (b) amortization of above / below market lease intangibles; (c) amortization of deferred financing costs; (d) amortization of premium or discount on mortgage notes payable; (e) amortization of deferred community fees and other, which includes the net change in deferred community fees and other rent discounts or incentives, and (f) amortization of equity-based compensation expense. We define Normalized FAD as AFFO less routine capital expenditures, which we view as a cost associated with the current economic return. Normalized FAD, which does not reflect debt principal payments and certain other expenses, does not represent cash available for distribution to shareholders. We believe Normalized FAD is useful because it fully reflects the additional economic costs of maintaining the condition of the portfolio.

edtsum404

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: GREENWOOD VILLAGE, Colo., June 4, 2020 /PRNewswire/ -- Century Communities, Inc.(NYSE: CCS), a leading national homebuilder, has been ranked as the ninth-largest in the country on BUILDER's Builder 100 list for the second consecutive year. Century Communities also came in at #1 on BUILDER's list of fastest-growing public builders, an achievement it has maintained for three years running. Century Communities ranks #9 on 2020 Builder 100 list. "These acknowledgments are a tremendous honor because they reflect the trust homebuyers have put in us for one of life's most important decisions," said Dale Francescon, Co-CEO of Century Communities. "It's also a direct outcome of our ongoing mission to build A Home For Every Dream." "Our continued status as the fastest-growing public builder really speaks to the quality of our teams," said Rob Francescon, Co-CEO of Century Communities. "From local sales centers and construction sites to the corporate office, our employees are unified in their dedication to providing customers with a best-in-class homebuying experience." See top builder rankings at BuilderOnline.com.Century Communities Sees Continued Success With Two-Brand ApproachMuch of Century Communities' success can be attributed to a diverse set of offerings, with homes sold under two distinct brands: Century Communities and Century Complete. Operating in locations from coast to coast, the Century Communities brand gives buyers the choice of quick move-in homes and to-be-built homesoffering ground-up personalizationwith home types ranging from single-family to townhomes and condos. Learn more about Century Communities at CenturyCommunities.com.By contrast, Century Complete has positioned itself as the national leader in online home sales, offering a completely online homebuying experience with streamlined floor plans and finishesresulting in extra savings that get passed directly to the homebuyer.Learn more about Century Complete at CenturyCompleteHomes.com.About Century CommunitiesCentury Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder. Offering new homes under the Century Communities and Century Complete brands, Century is engaged in all aspects of homebuildingincluding the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states across the U.S., and offers title, insurance and lending services in select markets through its Parkway Title, IHL Insurance Agency, and Inspire Home Loan subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com. SOURCE Century Communities, Inc. Related Links http://www.centurycommunities.com/ Answer:

Century Communities Ranks #9 On 2020 Builder 100 List Homebuilder also named fastest-growing public builder for the third year in a row

GREENWOOD VILLAGE, Colo., June 4, 2020 /PRNewswire/ -- Century Communities, Inc.(NYSE: CCS), a leading national homebuilder, has been ranked as the ninth-largest in the country on BUILDER's Builder 100 list for the second consecutive year. Century Communities also came in at #1 on BUILDER's list of fastest-growing public builders, an achievement it has maintained for three years running. Century Communities ranks #9 on 2020 Builder 100 list. "These acknowledgments are a tremendous honor because they reflect the trust homebuyers have put in us for one of life's most important decisions," said Dale Francescon, Co-CEO of Century Communities. "It's also a direct outcome of our ongoing mission to build A Home For Every Dream." "Our continued status as the fastest-growing public builder really speaks to the quality of our teams," said Rob Francescon, Co-CEO of Century Communities. "From local sales centers and construction sites to the corporate office, our employees are unified in their dedication to providing customers with a best-in-class homebuying experience." See top builder rankings at BuilderOnline.com.Century Communities Sees Continued Success With Two-Brand ApproachMuch of Century Communities' success can be attributed to a diverse set of offerings, with homes sold under two distinct brands: Century Communities and Century Complete. Operating in locations from coast to coast, the Century Communities brand gives buyers the choice of quick move-in homes and to-be-built homesoffering ground-up personalizationwith home types ranging from single-family to townhomes and condos. Learn more about Century Communities at CenturyCommunities.com.By contrast, Century Complete has positioned itself as the national leader in online home sales, offering a completely online homebuying experience with streamlined floor plans and finishesresulting in extra savings that get passed directly to the homebuyer.Learn more about Century Complete at CenturyCompleteHomes.com.About Century CommunitiesCentury Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder. Offering new homes under the Century Communities and Century Complete brands, Century is engaged in all aspects of homebuildingincluding the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states across the U.S., and offers title, insurance and lending services in select markets through its Parkway Title, IHL Insurance Agency, and Inspire Home Loan subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com. SOURCE Century Communities, Inc. Related Links http://www.centurycommunities.com/

edtsum405

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 30, 2020 /PRNewswire/ --Following a range of measures initiated by Porsche to support customers during the COVID-19 pandemic, the German sports car manufacturer is now offering an automatic extension on new vehicle warranties in the United States and worldwide. Porsche offers three-month extension for warranties expiring before the end of May to help ensure customer mobility. (PRNewsfoto/Porsche Cars North America, Inc.) The three-month extension will benefit owners of new vehicles with warranties set to expire between March and May 2020, thus ensuring customer mobility at a critical time. For example, a warranty that would otherwise expire on May 15 will automatically be extended until August 15. The extension also pushes back the start and end dates of Certified Porsche Approved Warranties, if they were scheduled to start immediately after new car warranties in the same March-May period. "We wish to help our customers as we work our way through this unparalleled situation together," said Klaus Zellmer, President and CEO of Porsche Cars North America, Inc. (PCNA). "The purpose of a warranty is peace of mind, which is something we are happy to provide at a time when it is needed most." For U.S. owners, the warranty extension is the latest in a line of initiatives driven by PCNA and Porsche dealer partners under the banner of "Porsche At Your Service" (PAYS). This new program bundles online and home options, providing a seamless customer experience and access to mobility. PAYS services include home pick-up and drop-off for maintenance and repair. While this offering has been available, PCNA is assisting an increasing number of Porsche dealers to adopt the solution for customers who may be concerned about coming to the dealership. Additionally, digital retail programs have been expanded to more dealer partners, allowing Porsche customers to complete the majority of the car buying experience online with home delivery available upon purchase. Furthermore, Porsche Financial Services (PFS) is doing its part in financing the mobility needs of customers. PFS is offering: Lease-end extensions: Porsche Financial Services (PFS) is offering up to a six-month extension on lease contracts, for all requests received through May 31, 2020, four months longer than the regular extension period, to give customers peace of mind that their mobility needs are secured. Payment deferrals: In addition to the longer lease extensions, PFS will, on a case-by-case basis, consider payment deferrals on both lease and retail contracts. Most payment deferrals are 30-60 days based on individual need, which proved to be very beneficial to customers during the financial crisis of 2008. 90 Day to First Payment Finance Program: In states where the laws allow, PFS is offering a "90 Days to First Payment" finance program for new and Certified Pre-Owned vehicles, on retail finance contracts dated April 4 - June 30, 2020. This program is not available in Pennsylvania or Maine due to state regulations. 1.95% APR for 60 Months Finance Program: PFS is offering a 1.95% APR for up to 60 months on select New and CPO retail finance contracts dated on or between April 16 - June 1, 2020. The 1.95% program is compatible with the 90 Days to First Payment Finance Program. This program is only available to Level 1 (Tier 1 credit) qualifying customers. About Porsche Cars North America, Inc. | One Porsche Drive, Atlanta, GA 30354 USAEstablished in 1984, Porsche Cars North America, Inc. (PCNA) is the exclusive U.S. importer of the Porsche 911, 718 Boxster and 718 Cayman; Macan and Cayenne; Panamera; and Taycan. Headquartered in Atlanta, Georgia, since 1998, PCNA is also home to the first Porsche Experience Center in North America featuring a module-based 1.6 mile driver development track, business center, and fine dining restaurant, 356. The company operates a second Porsche Experience Center near Los Angeles. That 53-acre complex features a driver development track with eight educational modules totaling 4.1 miles, a business center, and Restaurant 917.PCNA supports 192 independently owned and operated Porsche dealerships in the U.S., including supplying parts, service, marketing, and training. They, in turn, work to provide Porsche customers with a best-in-class experience that is in keeping with the Porsche brand's 70-year history of leadership in the advancement of vehicle performance, safety, and efficiency. PCNA is an indirect wholly-owned subsidiary of Porsche AG, which is headquartered in Stuttgart, Germany. At the core of this success is Porsche's proud racing heritage that boasts some 30,000-plus motorsport wins to date.Follow us: twitter.com/porsche| facebook.com/porschePhotos and video footage are available to accredited journalists on the Porsche Press Database at http://press.porsche.com/About Porsche Financial Services, Inc.Porsche Financial Services, Inc. (PFS), based in Atlanta, Georgia, is the dedicated provider of leasing and financing products for Porsche in the United States. Founded in 1991, PFS provides custom financial solutions and products to Porsche customers and dealers in the United States. In 2012, PFS expanded its North America operations to become the captive finance provider for the exclusive brands of the VW Group which include Bentley, Lamborghini, and Bugatti. As an integrated premium financial services provider, every new product whether it be a leasing offer or a service offer contains the DNA of some of the world's most exclusive vehicle manufacturers.SOURCE Porsche Cars North America, Inc. Related Links http://www.porsche.com Answer:

Porsche Offers Three-Month Extension for Warranties Expiring Before the End of May to Help Ensure Customer Mobility In a continued effort to secure customers' mobility needs at a critical time, Porsche is providing a three-month extension on new vehicle warranties set to expire through the end of May

ATLANTA, April 30, 2020 /PRNewswire/ --Following a range of measures initiated by Porsche to support customers during the COVID-19 pandemic, the German sports car manufacturer is now offering an automatic extension on new vehicle warranties in the United States and worldwide. Porsche offers three-month extension for warranties expiring before the end of May to help ensure customer mobility. (PRNewsfoto/Porsche Cars North America, Inc.) The three-month extension will benefit owners of new vehicles with warranties set to expire between March and May 2020, thus ensuring customer mobility at a critical time. For example, a warranty that would otherwise expire on May 15 will automatically be extended until August 15. The extension also pushes back the start and end dates of Certified Porsche Approved Warranties, if they were scheduled to start immediately after new car warranties in the same March-May period. "We wish to help our customers as we work our way through this unparalleled situation together," said Klaus Zellmer, President and CEO of Porsche Cars North America, Inc. (PCNA). "The purpose of a warranty is peace of mind, which is something we are happy to provide at a time when it is needed most." For U.S. owners, the warranty extension is the latest in a line of initiatives driven by PCNA and Porsche dealer partners under the banner of "Porsche At Your Service" (PAYS). This new program bundles online and home options, providing a seamless customer experience and access to mobility. PAYS services include home pick-up and drop-off for maintenance and repair. While this offering has been available, PCNA is assisting an increasing number of Porsche dealers to adopt the solution for customers who may be concerned about coming to the dealership. Additionally, digital retail programs have been expanded to more dealer partners, allowing Porsche customers to complete the majority of the car buying experience online with home delivery available upon purchase. Furthermore, Porsche Financial Services (PFS) is doing its part in financing the mobility needs of customers. PFS is offering: Lease-end extensions: Porsche Financial Services (PFS) is offering up to a six-month extension on lease contracts, for all requests received through May 31, 2020, four months longer than the regular extension period, to give customers peace of mind that their mobility needs are secured. Payment deferrals: In addition to the longer lease extensions, PFS will, on a case-by-case basis, consider payment deferrals on both lease and retail contracts. Most payment deferrals are 30-60 days based on individual need, which proved to be very beneficial to customers during the financial crisis of 2008. 90 Day to First Payment Finance Program: In states where the laws allow, PFS is offering a "90 Days to First Payment" finance program for new and Certified Pre-Owned vehicles, on retail finance contracts dated April 4 - June 30, 2020. This program is not available in Pennsylvania or Maine due to state regulations. 1.95% APR for 60 Months Finance Program: PFS is offering a 1.95% APR for up to 60 months on select New and CPO retail finance contracts dated on or between April 16 - June 1, 2020. The 1.95% program is compatible with the 90 Days to First Payment Finance Program. This program is only available to Level 1 (Tier 1 credit) qualifying customers. About Porsche Cars North America, Inc. | One Porsche Drive, Atlanta, GA 30354 USAEstablished in 1984, Porsche Cars North America, Inc. (PCNA) is the exclusive U.S. importer of the Porsche 911, 718 Boxster and 718 Cayman; Macan and Cayenne; Panamera; and Taycan. Headquartered in Atlanta, Georgia, since 1998, PCNA is also home to the first Porsche Experience Center in North America featuring a module-based 1.6 mile driver development track, business center, and fine dining restaurant, 356. The company operates a second Porsche Experience Center near Los Angeles. That 53-acre complex features a driver development track with eight educational modules totaling 4.1 miles, a business center, and Restaurant 917.PCNA supports 192 independently owned and operated Porsche dealerships in the U.S., including supplying parts, service, marketing, and training. They, in turn, work to provide Porsche customers with a best-in-class experience that is in keeping with the Porsche brand's 70-year history of leadership in the advancement of vehicle performance, safety, and efficiency. PCNA is an indirect wholly-owned subsidiary of Porsche AG, which is headquartered in Stuttgart, Germany. At the core of this success is Porsche's proud racing heritage that boasts some 30,000-plus motorsport wins to date.Follow us: twitter.com/porsche| facebook.com/porschePhotos and video footage are available to accredited journalists on the Porsche Press Database at http://press.porsche.com/About Porsche Financial Services, Inc.Porsche Financial Services, Inc. (PFS), based in Atlanta, Georgia, is the dedicated provider of leasing and financing products for Porsche in the United States. Founded in 1991, PFS provides custom financial solutions and products to Porsche customers and dealers in the United States. In 2012, PFS expanded its North America operations to become the captive finance provider for the exclusive brands of the VW Group which include Bentley, Lamborghini, and Bugatti. As an integrated premium financial services provider, every new product whether it be a leasing offer or a service offer contains the DNA of some of the world's most exclusive vehicle manufacturers.SOURCE Porsche Cars North America, Inc. Related Links http://www.porsche.com

edtsum406

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, April 1, 2020 /PRNewswire/ --More than 12,000 people have applied to join NASA's next class of astronauts, demonstrating strong national interest to take part in America's plans to explore the Moon and take humanity's next giant leap human missions to Mars. Applications were received from every U.S. state, the District of Columbia, and four U.S. territories. However, the process is just beginning for NASA's Astronaut Selection Board, which will assess the applicants' qualifications and invite the most qualified candidates to the agency's Johnson Space Center in Houston for interviews and medical tests before making a final selection. NASA expects to introduce the new astronaut candidates in the summer of 2021. "We've entered a bold new era of space exploration with the Artemis program, and we are thrilled to see so many incredible Americans apply to join us," said NASA Administrator Jim Bridenstine. "The next class of Artemis Generation astronauts will help us explore more of the Moon than ever before and lead us to the Red Planet." The application for the newest class of astronauts opened March 2 and closed March 31. The number of people who applied to be an astronaut represents the second-highest number of applications NASA has ever received, surpassed only by the record of 18,300 set by the most recent class of astronauts who graduatedin January. For this round of applications, NASA increased the education requirement for applicants from a bachelor's degree to a master's degree in a science, technology, math, or engineering field. In addition, the application period was shortened from two months to one. "We're able to build such a strong astronaut corps at NASA because we have such a strong pool of applicants to choose from," said Anne Roemer, manager of the Astronaut Selection Board and director of human resources at Johnson. "It's always amazing to see the diversity of education, experience and skills that are represented in our applicants. We are excited to start reviewing astronaut applications to identify the next class of astronaut candidates." Since the 1960s, NASA has selected 350 people to train as astronaut candidates for its increasingly challenging missions to explore space. With 48 astronauts in the active astronaut corps, more will be needed to serve as crew aboard spacecraft bound for multiple destinations and propel exploration forward as part of Artemis missions and beyond. Once selected, the astronaut candidates will go through approximately two years of initial skills training, such as spacewalking, robotics, and spacecraft systems, as well as expeditionary behaviorskills, such as leadership, followership, and teamwork. After completing training, the new astronauts could launch on American rockets and spacecraft -- developed for NASA's Commercial Crew Program -- to live and work aboard the International Space Station, 250 miles above Earth. There they will take part in experiments that benefit life at home and prepare us for the Moon and Mars. This new class also may launch aboard NASA's powerful new Space Launch System rocket and Orion spacecraft for Artemis missions to the Moon. Beginning in 2024, NASA will send the first woman and next man to the lunar surface and will establish sustainable lunar exploration by 2028. Gaining insights from new experiences on and around the Moon will prepare NASA to send the first humans to Mars in the 2030s. For more information about NASA astronauts, visit: http://www.nasa.gov/astronauts SOURCE NASA Related Links http://www.nasa.gov Answer:

Thousands Apply to Join NASA's Artemis Generation, #BeAnAstronaut

WASHINGTON, April 1, 2020 /PRNewswire/ --More than 12,000 people have applied to join NASA's next class of astronauts, demonstrating strong national interest to take part in America's plans to explore the Moon and take humanity's next giant leap human missions to Mars. Applications were received from every U.S. state, the District of Columbia, and four U.S. territories. However, the process is just beginning for NASA's Astronaut Selection Board, which will assess the applicants' qualifications and invite the most qualified candidates to the agency's Johnson Space Center in Houston for interviews and medical tests before making a final selection. NASA expects to introduce the new astronaut candidates in the summer of 2021. "We've entered a bold new era of space exploration with the Artemis program, and we are thrilled to see so many incredible Americans apply to join us," said NASA Administrator Jim Bridenstine. "The next class of Artemis Generation astronauts will help us explore more of the Moon than ever before and lead us to the Red Planet." The application for the newest class of astronauts opened March 2 and closed March 31. The number of people who applied to be an astronaut represents the second-highest number of applications NASA has ever received, surpassed only by the record of 18,300 set by the most recent class of astronauts who graduatedin January. For this round of applications, NASA increased the education requirement for applicants from a bachelor's degree to a master's degree in a science, technology, math, or engineering field. In addition, the application period was shortened from two months to one. "We're able to build such a strong astronaut corps at NASA because we have such a strong pool of applicants to choose from," said Anne Roemer, manager of the Astronaut Selection Board and director of human resources at Johnson. "It's always amazing to see the diversity of education, experience and skills that are represented in our applicants. We are excited to start reviewing astronaut applications to identify the next class of astronaut candidates." Since the 1960s, NASA has selected 350 people to train as astronaut candidates for its increasingly challenging missions to explore space. With 48 astronauts in the active astronaut corps, more will be needed to serve as crew aboard spacecraft bound for multiple destinations and propel exploration forward as part of Artemis missions and beyond. Once selected, the astronaut candidates will go through approximately two years of initial skills training, such as spacewalking, robotics, and spacecraft systems, as well as expeditionary behaviorskills, such as leadership, followership, and teamwork. After completing training, the new astronauts could launch on American rockets and spacecraft -- developed for NASA's Commercial Crew Program -- to live and work aboard the International Space Station, 250 miles above Earth. There they will take part in experiments that benefit life at home and prepare us for the Moon and Mars. This new class also may launch aboard NASA's powerful new Space Launch System rocket and Orion spacecraft for Artemis missions to the Moon. Beginning in 2024, NASA will send the first woman and next man to the lunar surface and will establish sustainable lunar exploration by 2028. Gaining insights from new experiences on and around the Moon will prepare NASA to send the first humans to Mars in the 2030s. For more information about NASA astronauts, visit: http://www.nasa.gov/astronauts SOURCE NASA Related Links http://www.nasa.gov

edtsum407

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: PERTH, Australia, Nov.3, 2020 /PRNewswire/ -- Strategic Elements Ltd (ASX:SOR) subsidiary Stealth Technologies has signed an agreement to collaborate with leading US based Autonomous Drone technology Company, Planck AeroSystems. The Companies will work to enable drones to autonomously launch and land from the Stealth ground based autonomous vehicle platform (AxV). Planck Aero Stealth Technologies ASV vehicle Planck's core enabling technology is vision-based precision landing on moving platforms without GPS. In sectors such as security, defence and resources drones can augment ground based cameras and sensors to provide additional range, multi-angle coverage and additional critical data (e.g. thermal imaging). Stealth Technologies is developing an Autonomous Security Vehicle (ASV) for perimeter security in sectors such as transport, energy, defence, government and utilities providing critical services. The Global Perimeter Security Market is forecast to be growing quickly at CAGR of 12.0% over the forecast period 2020-2026 (reaching USD 282.26 Billion by 2025)[1]. The Planck Autonomous Control Engine (ACE) system is an embedded software solution that runs onboard a variety of unmanned aircraft systems to enable autonomous launch, recovery, relative navigation, and mission planning from a moving vehicle. With centimetre-level accuracy for precision take-off and landing, a drone can launch and recover reliably from small spaces.The sensor-guided flight accounts for motion of a vessel or ground vehicle, including roll, pitch, heave, and wind effects. ACE is deployed in five US federal agencies, and with two allied nations. The ACE system has commanded thousands of successful UAS sorties both at sea and from vehicles, on aircraft from many different manufacturers. Planck is working with the United States Department of Defense's Combating Terrorism Technical Support Office (CTTSO), the United States Department of Defense and Department of Homeland Security on various aspects of its technology. The precision landing system uses computer vision, artificial intelligence, and other onboard sensors, but does not require GPS or active communications. Existing unmanned aircraft systems use global positioning and are not capable of autonomous operation from moving vehicles. Planck's intelligent navigation solutions enable new capabilities for surveillance, reconnaissance, real-time situational awareness, and force protection. The Stealth and Planck collaboration will focus on enabling the ASV to launch and land drones. This ability would enable the long runtimes of the ASV to be combined with the high speed of drones. Drones could be launched from the ASV at any time whilst on patrol, effectively doubling the ASV's surveillance coverage capabilities. Drones could also recharge once landed on the ASV and be relaunched. In addition the unique perspectives of both the ASV and its drone can be combined to give an expanded patrol and surveillance dataset, enable more powerful AI use cases for mapping, navigation, object and person recognition, object and person tracking and scene reasoning.The parties will also assess the potential of integrating mobile tethered drones with the ASV. This will give additional deployment options for drone-equipped ASVs to work at facilities located near to controlled airspaces and at those that have safety requirements that would normally preclude drone operation (e.g. airports, energy facilities). Traditional ground tethered drones can only fly in a single location, however drones tethered from the ASV could be mobile and move with the ASV whilst airborne. Key Terms Planck Aero will provide ACE technology for integration into Stealth autonomous vehicles, and any other technologies agreed by the parties. Term of the Collaboration is 6 months. The Parties will explore commercial, industrial and defence applications and opportunities. Plank grants Stealth a royalty-free, non-exclusive, license to use Software for the purposes of the Collaboration for duration of the Term. Stealth will pay to Planck Aero for any Hardware provided under the Project. Any further payments will be as agreed between the parties from time to time. Stealth TechnologiesThe Company's priority focus is its exclusive collaboration with giant US Fortune 100 Company Honeywell[2] to build autonomous security vehicles for the correctional justice sector. The parties are working with the WA Department of Justice to build a fully autonomous robotic security vehicle for the Eastern Goldfields Regional Prison in Kalgoorlie to inspect, test and confirm the integrity of the secure perimeter. About Strategic Elements Ltd The Australian Federal Government has registered Strategic Elements as a Pooled Development Fund with a mandate to back Australian innovation. Strategic Elements operates as a 'venture builder' where it generates high risk-high reward ventures and projects from combining teams of leading scientists or innovators in the technology or resources sectors. The Company operates under a Federal Government program setup to encourage investment into innovation. The Company is listed on the ASX under the code "SOR". More Information: Mr Charles Murphy, Managing Director Phone: +61 8 9278 2788 [emailprotected] and www.strategicelements.com.au This announcement was authorised for release by Strategic Elements' Board of Directors [1] https://dataintelo.com/report/perimeter-security-market/ [2] Disclosed to the ASX on 16/09/2019. SOURCE Strategic Elements Ltd Related Links https://www.strategicelements.com.au Answer:

SOR Autonomous Security Drone Collaboration

PERTH, Australia, Nov.3, 2020 /PRNewswire/ -- Strategic Elements Ltd (ASX:SOR) subsidiary Stealth Technologies has signed an agreement to collaborate with leading US based Autonomous Drone technology Company, Planck AeroSystems. The Companies will work to enable drones to autonomously launch and land from the Stealth ground based autonomous vehicle platform (AxV). Planck Aero Stealth Technologies ASV vehicle Planck's core enabling technology is vision-based precision landing on moving platforms without GPS. In sectors such as security, defence and resources drones can augment ground based cameras and sensors to provide additional range, multi-angle coverage and additional critical data (e.g. thermal imaging). Stealth Technologies is developing an Autonomous Security Vehicle (ASV) for perimeter security in sectors such as transport, energy, defence, government and utilities providing critical services. The Global Perimeter Security Market is forecast to be growing quickly at CAGR of 12.0% over the forecast period 2020-2026 (reaching USD 282.26 Billion by 2025)[1]. The Planck Autonomous Control Engine (ACE) system is an embedded software solution that runs onboard a variety of unmanned aircraft systems to enable autonomous launch, recovery, relative navigation, and mission planning from a moving vehicle. With centimetre-level accuracy for precision take-off and landing, a drone can launch and recover reliably from small spaces.The sensor-guided flight accounts for motion of a vessel or ground vehicle, including roll, pitch, heave, and wind effects. ACE is deployed in five US federal agencies, and with two allied nations. The ACE system has commanded thousands of successful UAS sorties both at sea and from vehicles, on aircraft from many different manufacturers. Planck is working with the United States Department of Defense's Combating Terrorism Technical Support Office (CTTSO), the United States Department of Defense and Department of Homeland Security on various aspects of its technology. The precision landing system uses computer vision, artificial intelligence, and other onboard sensors, but does not require GPS or active communications. Existing unmanned aircraft systems use global positioning and are not capable of autonomous operation from moving vehicles. Planck's intelligent navigation solutions enable new capabilities for surveillance, reconnaissance, real-time situational awareness, and force protection. The Stealth and Planck collaboration will focus on enabling the ASV to launch and land drones. This ability would enable the long runtimes of the ASV to be combined with the high speed of drones. Drones could be launched from the ASV at any time whilst on patrol, effectively doubling the ASV's surveillance coverage capabilities. Drones could also recharge once landed on the ASV and be relaunched. In addition the unique perspectives of both the ASV and its drone can be combined to give an expanded patrol and surveillance dataset, enable more powerful AI use cases for mapping, navigation, object and person recognition, object and person tracking and scene reasoning.The parties will also assess the potential of integrating mobile tethered drones with the ASV. This will give additional deployment options for drone-equipped ASVs to work at facilities located near to controlled airspaces and at those that have safety requirements that would normally preclude drone operation (e.g. airports, energy facilities). Traditional ground tethered drones can only fly in a single location, however drones tethered from the ASV could be mobile and move with the ASV whilst airborne. Key Terms Planck Aero will provide ACE technology for integration into Stealth autonomous vehicles, and any other technologies agreed by the parties. Term of the Collaboration is 6 months. The Parties will explore commercial, industrial and defence applications and opportunities. Plank grants Stealth a royalty-free, non-exclusive, license to use Software for the purposes of the Collaboration for duration of the Term. Stealth will pay to Planck Aero for any Hardware provided under the Project. Any further payments will be as agreed between the parties from time to time. Stealth TechnologiesThe Company's priority focus is its exclusive collaboration with giant US Fortune 100 Company Honeywell[2] to build autonomous security vehicles for the correctional justice sector. The parties are working with the WA Department of Justice to build a fully autonomous robotic security vehicle for the Eastern Goldfields Regional Prison in Kalgoorlie to inspect, test and confirm the integrity of the secure perimeter. About Strategic Elements Ltd The Australian Federal Government has registered Strategic Elements as a Pooled Development Fund with a mandate to back Australian innovation. Strategic Elements operates as a 'venture builder' where it generates high risk-high reward ventures and projects from combining teams of leading scientists or innovators in the technology or resources sectors. The Company operates under a Federal Government program setup to encourage investment into innovation. The Company is listed on the ASX under the code "SOR". More Information: Mr Charles Murphy, Managing Director Phone: +61 8 9278 2788 [emailprotected] and www.strategicelements.com.au This announcement was authorised for release by Strategic Elements' Board of Directors [1] https://dataintelo.com/report/perimeter-security-market/ [2] Disclosed to the ASX on 16/09/2019. SOURCE Strategic Elements Ltd Related Links https://www.strategicelements.com.au

edtsum408

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. 26, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, TWLO, NRG, GOGO, and VIVE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. AMD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=AMD&prnumber=082620203 TWLO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TWLO&prnumber=082620203 NRG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NRG&prnumber=082620203 GOGO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=GOGO&prnumber=082620203 VIVE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VIVE&prnumber=082620203 (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 Advanced Micro Devices, Inc., Twilio Inc, NRG Energy Inc, Gogo Inc, or Viveve Medical Inc?

NEW YORK, Aug. 26, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, TWLO, NRG, GOGO, and VIVE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. AMD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=AMD&prnumber=082620203 TWLO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TWLO&prnumber=082620203 NRG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NRG&prnumber=082620203 GOGO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=GOGO&prnumber=082620203 VIVE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VIVE&prnumber=082620203 (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

edtsum409

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: BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that Frank Bisignano, President and Chief Executive Officer, will present virtually at the Evercore ISI Payments and FinTech Innovators Forum on March 4, 2021 at 10:15 a.m. ET. A live webcast and archived replay of the presentation will be available on the investor relations section of the Fiserv website at investors.fiserv.com. About Fiserv Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover cloud-based point-of-sale solution. Fiserv is a member of the S&P 500 Index and the FORTUNE 500, and is among FORTUNE World's Most Admired Companies. Visit fiserv.com and follow on social media for more information and the latest company news. FISV-G Answer:

Fiserv to Present at Evercore ISIs 2021 Payments and FinTech Innovators Forum

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that Frank Bisignano, President and Chief Executive Officer, will present virtually at the Evercore ISI Payments and FinTech Innovators Forum on March 4, 2021 at 10:15 a.m. ET. A live webcast and archived replay of the presentation will be available on the investor relations section of the Fiserv website at investors.fiserv.com. About Fiserv Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover cloud-based point-of-sale solution. Fiserv is a member of the S&P 500 Index and the FORTUNE 500, and is among FORTUNE World's Most Admired Companies. Visit fiserv.com and follow on social media for more information and the latest company news. FISV-G

edtsum410

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 3, 2020 /PRNewswire/ --On April 1, 2020, Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 3/31/20 Ex-Date Record Date Payment Date Coupon Amount per ETN Coupon Frequency Current Yield1 REML Credit Suisse X-LinksMonthly Pay 2xLeveraged Mortgage REIT ETN $2.3876 4/9/20 4/13/20 4/21/20 $0.1690 Monthly 55.05%2 MLTI Credit Suisse X-LinksMulti-Asset High Income ETN $19.0608 4/9/20 4/13/20 4/21/20 $0.2452 Monthly 7.24%2 On April 3, 2020, Credit Suisse announced expected coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 3/31/20 Ex-Date Record Date Payment Date ExpectedCoupon Amount per ETN3 Coupon Frequency Expected Current Yield4 USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN $8.0769 4/21/20 4/22/20 4/27/20 $1.1545 Monthly 79.76%5 GLDI Credit Suisse X-Links Gold Shares Covered Call ETN $9.0565 4/21/20 4/22/20 4/27/20 $0.0871 Monthly 8.45%5 SLVO Credit Suisse X-Links Silver Shares Covered Call ETN $5.4459 4/21/20 4/22/20 4/27/20 $0.0414 Monthly 9.50%5 1. For each ETN, the Current Yield equals the Coupon Amount, annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Current Yield, which is based on an ETN's Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to Credit Suisse's ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement. 2. The Current Yield for the ETN equals the sum of (i) the Coupon Amountplus(ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. 3. On March 16, 2020, the Credit Suisse Nasdaq Gold FLOWS 103 Index, the Credit Suisse Nasdaq Silver FLOWS 106 Index and the Credit Suisse Nasdaq WTI Crude Oil FLOWS106 Index (the "Indices") concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with April 2020 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on April 14, 2020, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on April 14, 2020, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding ExpectedCoupon Amount. The ExpectedCoupon Amount is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. 4. For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN's Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to Credit Suisse's ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement. 5. The Expected Current Yield for the ETN equals the sum of (i) the Expected Coupon Amount,plus(ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. Press ContactKarina Byrne, Credit Suisse AG, telephone +1 212 538 8361, [emailprotected] Credit Suisse ETNsTelephone +1 800 320 1225, [emailprotected] The ETNs may not be suitable for all investors and should be purchased only by knowledgeable investors who understand the potential consequences of investing in the ETNs. The ETNs are subject to the credit risk of Credit Suisse. You may receive less, and possibly significantly less, than the principal amount of your investment at maturity or upon repurchase or sale. Coupon payments on the ETNs will vary and could be zero. There is no actual portfolio of assets in which any investor in the ETNs has any ownership or other interest. Investors in the ETNs do not have voting rights, distribution rights or other rights with respect to the assets included in the tracked indices. An investment in the ETNs involves significant risks. For further information regarding risks, please see the section entitled "Risk Factors" in the applicable pricing supplement. Credit Suisse AGCredit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 47,860 people. The registered shares (CSGN) of Credit Suisse AG's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com. DisclaimerThis document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Credit Suisse has filed a registration statement (including a prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this press release relates. Before you invest, you should read the applicable Pricing Supplement, the Prospectus Supplement dated June 30, 2017 and the Prospectus dated June 30, 2017 that Credit Suisse has filed with the SEC for more complete information about Credit Suisse and this offering. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov or clicking the hyperlinks below: REML:Pricing Supplement dated January 15, 2020, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/REML MLTI:Pricing Supplement dated June 30, 2017, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/MLTI USOI:Pricing Supplement dated February 7, 2020, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/USOI GLDI:Pricing Supplement dated February 5, 2020, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/GLDI SLVO:Pricing Supplement dated June 30, 2017, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/SLVO Alternatively, Credit Suisse, Credit Suisse Securities (USA) LLC or any agent or any dealer participating in this offering will arrange to send you the applicable pricing supplement, prospectus supplement and prospectus if you so request by calling 1-800-320-1225. This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. X-Links is a registered trademark of Credit Suisse Securities (USA) LLC. Copyright 2020, CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved. SOURCE Credit Suisse AG Related Links http://www.credit-suisse.com Answer:

Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links Exchange Traded Notes (the "ETNs")

NEW YORK, April 3, 2020 /PRNewswire/ --On April 1, 2020, Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 3/31/20 Ex-Date Record Date Payment Date Coupon Amount per ETN Coupon Frequency Current Yield1 REML Credit Suisse X-LinksMonthly Pay 2xLeveraged Mortgage REIT ETN $2.3876 4/9/20 4/13/20 4/21/20 $0.1690 Monthly 55.05%2 MLTI Credit Suisse X-LinksMulti-Asset High Income ETN $19.0608 4/9/20 4/13/20 4/21/20 $0.2452 Monthly 7.24%2 On April 3, 2020, Credit Suisse announced expected coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 3/31/20 Ex-Date Record Date Payment Date ExpectedCoupon Amount per ETN3 Coupon Frequency Expected Current Yield4 USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN $8.0769 4/21/20 4/22/20 4/27/20 $1.1545 Monthly 79.76%5 GLDI Credit Suisse X-Links Gold Shares Covered Call ETN $9.0565 4/21/20 4/22/20 4/27/20 $0.0871 Monthly 8.45%5 SLVO Credit Suisse X-Links Silver Shares Covered Call ETN $5.4459 4/21/20 4/22/20 4/27/20 $0.0414 Monthly 9.50%5 1. For each ETN, the Current Yield equals the Coupon Amount, annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Current Yield, which is based on an ETN's Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to Credit Suisse's ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement. 2. The Current Yield for the ETN equals the sum of (i) the Coupon Amountplus(ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. 3. On March 16, 2020, the Credit Suisse Nasdaq Gold FLOWS 103 Index, the Credit Suisse Nasdaq Silver FLOWS 106 Index and the Credit Suisse Nasdaq WTI Crude Oil FLOWS106 Index (the "Indices") concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with April 2020 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on April 14, 2020, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on April 14, 2020, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding ExpectedCoupon Amount. The ExpectedCoupon Amount is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. 4. For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN's Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to Credit Suisse's ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement. 5. The Expected Current Yield for the ETN equals the sum of (i) the Expected Coupon Amount,plus(ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. Press ContactKarina Byrne, Credit Suisse AG, telephone +1 212 538 8361, [emailprotected] Credit Suisse ETNsTelephone +1 800 320 1225, [emailprotected] The ETNs may not be suitable for all investors and should be purchased only by knowledgeable investors who understand the potential consequences of investing in the ETNs. The ETNs are subject to the credit risk of Credit Suisse. You may receive less, and possibly significantly less, than the principal amount of your investment at maturity or upon repurchase or sale. Coupon payments on the ETNs will vary and could be zero. There is no actual portfolio of assets in which any investor in the ETNs has any ownership or other interest. Investors in the ETNs do not have voting rights, distribution rights or other rights with respect to the assets included in the tracked indices. An investment in the ETNs involves significant risks. For further information regarding risks, please see the section entitled "Risk Factors" in the applicable pricing supplement. Credit Suisse AGCredit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 47,860 people. The registered shares (CSGN) of Credit Suisse AG's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com. DisclaimerThis document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Credit Suisse has filed a registration statement (including a prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this press release relates. Before you invest, you should read the applicable Pricing Supplement, the Prospectus Supplement dated June 30, 2017 and the Prospectus dated June 30, 2017 that Credit Suisse has filed with the SEC for more complete information about Credit Suisse and this offering. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov or clicking the hyperlinks below: REML:Pricing Supplement dated January 15, 2020, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/REML MLTI:Pricing Supplement dated June 30, 2017, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/MLTI USOI:Pricing Supplement dated February 7, 2020, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/USOI GLDI:Pricing Supplement dated February 5, 2020, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/GLDI SLVO:Pricing Supplement dated June 30, 2017, including the Prospectus Supplement dated June 30, 2017, and Prospectus dated June 30, 2017: https://notes.credit-suisse.com/api/DocFile/GetProspectus/SLVO Alternatively, Credit Suisse, Credit Suisse Securities (USA) LLC or any agent or any dealer participating in this offering will arrange to send you the applicable pricing supplement, prospectus supplement and prospectus if you so request by calling 1-800-320-1225. This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. X-Links is a registered trademark of Credit Suisse Securities (USA) LLC. Copyright 2020, CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved. SOURCE Credit Suisse AG Related Links http://www.credit-suisse.com

edtsum411

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: BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming October 19, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased OneSpan Inc. (OneSpan or the Company) (NASDAQ: OSPN) securities between May 9, 2018 and August 11, 2020, inclusive (the Class Period). Investors suffering losses on their OneSpan investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. On August 4, 2020, OneSpan announced that it had identified errors relate to certain contracts with customers involving software licenses. As a result, the Company estimated that it had overstated revenue by $2 to $2.5 million between first quarter 2018 and first quarter 2020. Then, on August 11, 2020, OneSpan disclosed that it could not timely file its quarterly report for the period ended June 30, 2020. According to the Company, revenue had been overstated by $2.2 million from the first quarter in the year ended December 31, 2018 to the quarter ended March 31, 2020. OneSpan also withdrew its fiscal 2020 guidance. On this news, the Companys shares fell $12.36, or nearly 40%, to close at $18.84 per share on August 12, 2020. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that OneSpan had inadequate disclosure controls and procedures and internal control over financial reporting; (2) as a result, OneSpan overstated its revenue relating to certain contracts with customers involving software licenses in its financial statements spread out over the quarters from the first quarter of 2018 to the first quarter of 2020; (3) that as a result, it was foreseeably likely that the Company would eventually have to delay one or more scheduled earnings releases, conference calls, and/or financial filings with the SEC; (4) that OneSpan downplayed the negative impacts of errors in its financial statements; (5) that all the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Companys financial results and reputation; and (6) as a result, the Companys public statements were materially false and misleading at all relevant times. If you purchased or otherwise acquired OneSpan securities, you may move the Court no later than October 19, 2020, to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Answer:

Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against OneSpan Inc. (OSPN)

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming October 19, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased OneSpan Inc. (OneSpan or the Company) (NASDAQ: OSPN) securities between May 9, 2018 and August 11, 2020, inclusive (the Class Period). Investors suffering losses on their OneSpan investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. On August 4, 2020, OneSpan announced that it had identified errors relate to certain contracts with customers involving software licenses. As a result, the Company estimated that it had overstated revenue by $2 to $2.5 million between first quarter 2018 and first quarter 2020. Then, on August 11, 2020, OneSpan disclosed that it could not timely file its quarterly report for the period ended June 30, 2020. According to the Company, revenue had been overstated by $2.2 million from the first quarter in the year ended December 31, 2018 to the quarter ended March 31, 2020. OneSpan also withdrew its fiscal 2020 guidance. On this news, the Companys shares fell $12.36, or nearly 40%, to close at $18.84 per share on August 12, 2020. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that OneSpan had inadequate disclosure controls and procedures and internal control over financial reporting; (2) as a result, OneSpan overstated its revenue relating to certain contracts with customers involving software licenses in its financial statements spread out over the quarters from the first quarter of 2018 to the first quarter of 2020; (3) that as a result, it was foreseeably likely that the Company would eventually have to delay one or more scheduled earnings releases, conference calls, and/or financial filings with the SEC; (4) that OneSpan downplayed the negative impacts of errors in its financial statements; (5) that all the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Companys financial results and reputation; and (6) as a result, the Companys public statements were materially false and misleading at all relevant times. If you purchased or otherwise acquired OneSpan securities, you may move the Court no later than October 19, 2020, to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

edtsum412

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 "Europe Automotive Ceramics Market By Application (Passenger Vehicles and Commercial Vehicles), By Material (Alumina, Zirconia and Other Material), By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The Europe Automotive Ceramics Market is expected to witness market growth of 8.5% CAGR during the forecast period (2020-2026). The rising demand in the end-user industries for advanced ceramics is the key factor driving the market growth during the forecast years. However, the increasing automobile and electrical & electronic industry are expected to contribute significantly to the growth of the advanced ceramics market in developing regions. In addition to this, the feasible substitution of metal and plastics, among others, with advanced ceramics in the automotive industry is also projected to lead to market growth. Advanced ceramic technologies are growing in insulating, semiconducting, and superconducting, magnetic, and piezoelectric technologies. Growth in the sector is attributed to the increasing growth of the automotive, machinery, and electrical and electronics industry. Additionally, the benefits of advanced alumina ceramics, such as weather and corrosion resistance, are expected to contribute to the segment's growth. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Scope of the Study Market Segmentation: By Application By End User By Country For more information about this report visit https://www.researchandmarkets.com/r/6vv15f Answer:

Europe Automotive Ceramics (Alumina, Zirconia and Other Material) Market Analysis and Forecast, 2020-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Europe Automotive Ceramics Market By Application (Passenger Vehicles and Commercial Vehicles), By Material (Alumina, Zirconia and Other Material), By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The Europe Automotive Ceramics Market is expected to witness market growth of 8.5% CAGR during the forecast period (2020-2026). The rising demand in the end-user industries for advanced ceramics is the key factor driving the market growth during the forecast years. However, the increasing automobile and electrical & electronic industry are expected to contribute significantly to the growth of the advanced ceramics market in developing regions. In addition to this, the feasible substitution of metal and plastics, among others, with advanced ceramics in the automotive industry is also projected to lead to market growth. Advanced ceramic technologies are growing in insulating, semiconducting, and superconducting, magnetic, and piezoelectric technologies. Growth in the sector is attributed to the increasing growth of the automotive, machinery, and electrical and electronics industry. Additionally, the benefits of advanced alumina ceramics, such as weather and corrosion resistance, are expected to contribute to the segment's growth. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Scope of the Study Market Segmentation: By Application By End User By Country For more information about this report visit https://www.researchandmarkets.com/r/6vv15f

edtsum413

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: Oslo, March 8, 2021 /PRNewswire/ -- Nordic Nanovector ASA (OSE: NANOV) announces that its Chief Scientific Officer, Jostein Dahle, will give a presentation on 9 March at the 11th Annual World ADC Europe 2021 Digitalevent (8-11 March 2021) in the Discovery stream discussing the question: Should Payloads be Super-Potent? Presentation details are as follows: Title: Targeting CD37 with Alpha- & Beta-Emitting Radioimmunoconjugates Date/time: Tuesday, 9 March 2021 at 11:40am GMT During his presentation, Dr Dahle with cover the following points: Review CD37 as target for radioimmunotherapy Analyse preclinical and clinical data for treatment of Non-Hodgkin's Lymphoma (NHL) with the beta-emitting radioimmunoconjugate 177Lu-lilotomab satetraxetan (Betalutin) Evaluate preclinical data for treatment of Chronic Lymphocytic Leukaemia and NHL with the alpha-emitting radioimmunoconjugate 212Pb-TCMC-NNV003 (Alpha37) World ADC Europe is an industry-leading conference and Europe's largest gathering of ADC stakeholders. It brings together 300 drug developers from 160 active ADC organisations to help forward-thinking researchers from the pharmaceutical, biotech and academic community advance the development of antibody-drug conjugates. About Nordic Nanovector: Nordic Nanovector is committed to develop and deliver innovative therapies to patients to address major unmet medical needs and advance cancer care. The Company aspires to become a leader in the development of targeted therapies for haematological cancers. Nordic Nanovector's lead clinical-stage candidate is Betalutin, a novel CD37-targeting antibody-radionuclide-conjugate designed to advance the treatment of non-Hodgkin's lymphoma (NHL). NHL is an indication with substantial unmet medical need, representing a growing market forecast to be worth nearly USD 26 billion by 2028. Nordic Nanovector retains global marketing rights to Betalutin and intends to actively participate in the commercialisation of Betalutin in the US and other major markets. Further information can be found atwww.nordicnanovector.com. CONTACT: IR enquiriesMalene Brondberg, CFOCell: +44 7561 431 762Email:[emailprotected] Media Enquiries Mark Swallow/Frazer Hall/David Dible (Citigate Dewe Rogerson)Tel: +44 203 926 8535Email:[emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/nordic-nanovector/r/nordic-nanovector-to-present-at-11-th--annual-world-adc-europe-2021-digital,c3302044 SOURCE Nordic Nanovector Answer:

Nordic Nanovector to present at 11th Annual World ADC Europe 2021 Digital

Oslo, March 8, 2021 /PRNewswire/ -- Nordic Nanovector ASA (OSE: NANOV) announces that its Chief Scientific Officer, Jostein Dahle, will give a presentation on 9 March at the 11th Annual World ADC Europe 2021 Digitalevent (8-11 March 2021) in the Discovery stream discussing the question: Should Payloads be Super-Potent? Presentation details are as follows: Title: Targeting CD37 with Alpha- & Beta-Emitting Radioimmunoconjugates Date/time: Tuesday, 9 March 2021 at 11:40am GMT During his presentation, Dr Dahle with cover the following points: Review CD37 as target for radioimmunotherapy Analyse preclinical and clinical data for treatment of Non-Hodgkin's Lymphoma (NHL) with the beta-emitting radioimmunoconjugate 177Lu-lilotomab satetraxetan (Betalutin) Evaluate preclinical data for treatment of Chronic Lymphocytic Leukaemia and NHL with the alpha-emitting radioimmunoconjugate 212Pb-TCMC-NNV003 (Alpha37) World ADC Europe is an industry-leading conference and Europe's largest gathering of ADC stakeholders. It brings together 300 drug developers from 160 active ADC organisations to help forward-thinking researchers from the pharmaceutical, biotech and academic community advance the development of antibody-drug conjugates. About Nordic Nanovector: Nordic Nanovector is committed to develop and deliver innovative therapies to patients to address major unmet medical needs and advance cancer care. The Company aspires to become a leader in the development of targeted therapies for haematological cancers. Nordic Nanovector's lead clinical-stage candidate is Betalutin, a novel CD37-targeting antibody-radionuclide-conjugate designed to advance the treatment of non-Hodgkin's lymphoma (NHL). NHL is an indication with substantial unmet medical need, representing a growing market forecast to be worth nearly USD 26 billion by 2028. Nordic Nanovector retains global marketing rights to Betalutin and intends to actively participate in the commercialisation of Betalutin in the US and other major markets. Further information can be found atwww.nordicnanovector.com. CONTACT: IR enquiriesMalene Brondberg, CFOCell: +44 7561 431 762Email:[emailprotected] Media Enquiries Mark Swallow/Frazer Hall/David Dible (Citigate Dewe Rogerson)Tel: +44 203 926 8535Email:[emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/nordic-nanovector/r/nordic-nanovector-to-present-at-11-th--annual-world-adc-europe-2021-digital,c3302044 SOURCE Nordic Nanovector

edtsum414

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., July 28, 2020 /PRNewswire/ --This year's Kentucky Derby could feature a "People's Horse" like never before. Max Player, the Linda Rice-trained colt who currently sits 15th on the official Road to the Kentucky Derby leaderboard, is now available for a second public investment. Prior to the son of Honor Code's impressive 3rd in last month's Belmont Stakes, more than 500 individual investors snapped up shares in the Triple Crown contender through SportBLX Thoroughbreds a corporation that owns interests in several racehorses, including a 14% stake in Max Player. Max Player also spearheads SportBLX's latest offering, Annestes Thoroughbreds, which focuses solely on Kentucky-bred horses raised on SportBLX owner George Hall's farm in Versailles, KY. Hall who owned 2011 Belmont Stakes winner, Ruler On Ice, and is the breeder and majority owner of Max Player anticipates that more than 2,000 individual owners could be cheering the colt to win this year's Run For The Roses on Saturday, September 5th. "Owning a share of a horse that runs in the Kentucky Derby is the dream of millions of racing and sports fans, and we are thrilled to potentially be able to make that dream come true for so many of our investors this year," said Hall. In addition to racehorses, SportBLX's technology platform enables sports fans to purchase shares in professional sports assets, including revenue-share interests in player earnings and equity interests in teams. Max Player will next contest the Grade 1 Travers Stakes at Sarasota on August 8th. Fans and investors have until 2:00 p.m. on August 8th, to purchase shares in Annestes Thoroughbreds via the SportBLX website. The offering is open to accredited and non-accredited investors and can be found at https://sportblx.com/offerings/annestes-thoroughbreds/. For a video of Max Player click here About SportBLXSportBLX is a technology platform that enables sports fans and investors to purchase shares in horse racing and sports assets via an online platform, including revenue-share interests in player earnings, and equity interests in teams. The company partners with existing brokers/dealers that distribute the securities. For more information visit www.sportblx.com. Dislaimer https://sportblx.com/disclaimer SOURCE SportsBLX Answer:

New Offering for Max Player, the "People's Horse" from SportBLX, in Advance of Kentucky Derby

LOUISVILLE, Ky., July 28, 2020 /PRNewswire/ --This year's Kentucky Derby could feature a "People's Horse" like never before. Max Player, the Linda Rice-trained colt who currently sits 15th on the official Road to the Kentucky Derby leaderboard, is now available for a second public investment. Prior to the son of Honor Code's impressive 3rd in last month's Belmont Stakes, more than 500 individual investors snapped up shares in the Triple Crown contender through SportBLX Thoroughbreds a corporation that owns interests in several racehorses, including a 14% stake in Max Player. Max Player also spearheads SportBLX's latest offering, Annestes Thoroughbreds, which focuses solely on Kentucky-bred horses raised on SportBLX owner George Hall's farm in Versailles, KY. Hall who owned 2011 Belmont Stakes winner, Ruler On Ice, and is the breeder and majority owner of Max Player anticipates that more than 2,000 individual owners could be cheering the colt to win this year's Run For The Roses on Saturday, September 5th. "Owning a share of a horse that runs in the Kentucky Derby is the dream of millions of racing and sports fans, and we are thrilled to potentially be able to make that dream come true for so many of our investors this year," said Hall. In addition to racehorses, SportBLX's technology platform enables sports fans to purchase shares in professional sports assets, including revenue-share interests in player earnings and equity interests in teams. Max Player will next contest the Grade 1 Travers Stakes at Sarasota on August 8th. Fans and investors have until 2:00 p.m. on August 8th, to purchase shares in Annestes Thoroughbreds via the SportBLX website. The offering is open to accredited and non-accredited investors and can be found at https://sportblx.com/offerings/annestes-thoroughbreds/. For a video of Max Player click here About SportBLXSportBLX is a technology platform that enables sports fans and investors to purchase shares in horse racing and sports assets via an online platform, including revenue-share interests in player earnings, and equity interests in teams. The company partners with existing brokers/dealers that distribute the securities. For more information visit www.sportblx.com. Dislaimer https://sportblx.com/disclaimer SOURCE SportsBLX

edtsum415

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, June 23, 2020 /PRNewswire/ -- Ansys(NASDAQ: ANSS) is empowering university students around the world to design, build and test next-generation autonomous vehicle (AV) software through the Indy Autonomous Challenge(IAC). Students participating in the $1.5 million prize competition will program modified Dallara racecars for the world's first autonomous race at the Indianapolis Motor Speedway (IMS). The challenge was created to advance technology that will speed the commercialization of fully autonomous vehicles and advanced driver-assistance systems (ADAS). Continue Reading Indy Autonomous Challenge logo A rendering of the modified Dallara IL-15 vehicle As the exclusive Simulation Sponsor of the IAC, Ansys is providing free access to products in its Ansys Autonomysuite enabling students to develop and refine automated driving software for the modified Dallara IL-15 vehicle and validate it virtually in a closed-loop simulation environment. Ansys also hosted the first of four events designed to train students on AV simulation software and prepare teams for the final race. The challenge includes hackathons and educational workshops, the world's first simulated high-speed self-driving car race and a head-to-head final competition reaching speeds of up to 200 mph at the IMS on October 23, 2021. "The Indy Autonomous Challenge is an incredible opportunity to compete at the cutting-edge of driverless racing," said Charles Vorbach, controls systems architect for the MIT Driverless team. "Our team is excited to develop our entry using Ansys' simulation tools. We admire their use of sophisticated vehicle models, compatibility with open source systems like ROS2, and user-friendly code-generation that is intuitive enough for even non-software engineers. Most of all, Ansys' software reduces the amount of physical testing required, which will help safely speed development, especially in the world of COVID-19." Ansys simulation solutions provide OEMs, automotive suppliers and mobility companies robust workflows for the design and validation of automated driving systems and components, including safety analysis, software and hardware development, simulation, data management, cloud computing and high-performance computing. As students master Ansys solutions throughout the competition, they will also develop highly sought-after skills in the workplace. "We're challenging students to develop autonomous vehicle software that can operate at speeds of up to 200 mph," said Matt Peak, managing director of Energy Systems Network, a primary organizer of the IAC. "We approached Ansys because that would simply be an impossible task without the best simulation software available. Through Ansys' virtual environment, student teams can quickly design, test, iterate and validate their software with high fidelity in time for the final race."A shared goal of the IAC and Ansys is to enable the development of software that can overcome existing barriers to help speed the commercialization of fully autonomous vehicles and enhance ADAS in cars under human control. "For more than 100 years, IMS has served as a breeding ground for technological advancements," said Eric Bantegnie, vice president and general manager at Ansys. "We're continuing that legacy by putting Ansys Autonomy, the most comprehensive autonomous vehicle simulation software on the market, into the hands of students who will ultimately play a vital role in bringing safe, autonomous vehicles to public roadways."About the Indy Autonomous ChallengeThe Indy Autonomous Challenge, organized by Energy Systems Network(ESN) and the Indianapolis Motor Speedway(IMS) is a $1.5 million prize competition among universities to program modified Dallara IL-15 racecars and compete in the world's first autonomous head-to-head race around the famed Indianapolis Motor Speedway on October 23, 2021. Racing at speeds of up to 200 mph, the primary goal of the Challenge is to advance technology that can speed the commercialization of fully autonomous vehicles and deployments of advanced driver-assistance systems (ADAS). These enhancements will lead to increased safety and performance in all modes of racing and commercial transportation. In addition, the competition is a platform for students to excel in Science, Technology, Engineering and Math (STEM).About Ansys If you've ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you've used a product where Ansys software played a critical role in its creation. Ansys is the global leader inengineering simulation. Through ourstrategyof Pervasive Engineering Simulation, we help the world's most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. Visitwww.ansys.comfor more information.Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries.All other brand, product, service and feature names or trademarks are the property of their respective owners.ANSS-G Contact Media Mary Kate Joyce 724.820.4368 [emailprotected] Investors Annette Arribas, IRC 724.820.3700 [emailprotected] SOURCE Ansys Related Links https://www.ansys.com Answer:

Ansys Spurs Innovation Through Student Competition For Autonomous Vehicle Technology Design Ansys grants access to software and sponsors digital event to launch Indy Autonomous Challenge

PITTSBURGH, June 23, 2020 /PRNewswire/ -- Ansys(NASDAQ: ANSS) is empowering university students around the world to design, build and test next-generation autonomous vehicle (AV) software through the Indy Autonomous Challenge(IAC). Students participating in the $1.5 million prize competition will program modified Dallara racecars for the world's first autonomous race at the Indianapolis Motor Speedway (IMS). The challenge was created to advance technology that will speed the commercialization of fully autonomous vehicles and advanced driver-assistance systems (ADAS). Continue Reading Indy Autonomous Challenge logo A rendering of the modified Dallara IL-15 vehicle As the exclusive Simulation Sponsor of the IAC, Ansys is providing free access to products in its Ansys Autonomysuite enabling students to develop and refine automated driving software for the modified Dallara IL-15 vehicle and validate it virtually in a closed-loop simulation environment. Ansys also hosted the first of four events designed to train students on AV simulation software and prepare teams for the final race. The challenge includes hackathons and educational workshops, the world's first simulated high-speed self-driving car race and a head-to-head final competition reaching speeds of up to 200 mph at the IMS on October 23, 2021. "The Indy Autonomous Challenge is an incredible opportunity to compete at the cutting-edge of driverless racing," said Charles Vorbach, controls systems architect for the MIT Driverless team. "Our team is excited to develop our entry using Ansys' simulation tools. We admire their use of sophisticated vehicle models, compatibility with open source systems like ROS2, and user-friendly code-generation that is intuitive enough for even non-software engineers. Most of all, Ansys' software reduces the amount of physical testing required, which will help safely speed development, especially in the world of COVID-19." Ansys simulation solutions provide OEMs, automotive suppliers and mobility companies robust workflows for the design and validation of automated driving systems and components, including safety analysis, software and hardware development, simulation, data management, cloud computing and high-performance computing. As students master Ansys solutions throughout the competition, they will also develop highly sought-after skills in the workplace. "We're challenging students to develop autonomous vehicle software that can operate at speeds of up to 200 mph," said Matt Peak, managing director of Energy Systems Network, a primary organizer of the IAC. "We approached Ansys because that would simply be an impossible task without the best simulation software available. Through Ansys' virtual environment, student teams can quickly design, test, iterate and validate their software with high fidelity in time for the final race."A shared goal of the IAC and Ansys is to enable the development of software that can overcome existing barriers to help speed the commercialization of fully autonomous vehicles and enhance ADAS in cars under human control. "For more than 100 years, IMS has served as a breeding ground for technological advancements," said Eric Bantegnie, vice president and general manager at Ansys. "We're continuing that legacy by putting Ansys Autonomy, the most comprehensive autonomous vehicle simulation software on the market, into the hands of students who will ultimately play a vital role in bringing safe, autonomous vehicles to public roadways."About the Indy Autonomous ChallengeThe Indy Autonomous Challenge, organized by Energy Systems Network(ESN) and the Indianapolis Motor Speedway(IMS) is a $1.5 million prize competition among universities to program modified Dallara IL-15 racecars and compete in the world's first autonomous head-to-head race around the famed Indianapolis Motor Speedway on October 23, 2021. Racing at speeds of up to 200 mph, the primary goal of the Challenge is to advance technology that can speed the commercialization of fully autonomous vehicles and deployments of advanced driver-assistance systems (ADAS). These enhancements will lead to increased safety and performance in all modes of racing and commercial transportation. In addition, the competition is a platform for students to excel in Science, Technology, Engineering and Math (STEM).About Ansys If you've ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you've used a product where Ansys software played a critical role in its creation. Ansys is the global leader inengineering simulation. Through ourstrategyof Pervasive Engineering Simulation, we help the world's most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. Visitwww.ansys.comfor more information.Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries.All other brand, product, service and feature names or trademarks are the property of their respective owners.ANSS-G Contact Media Mary Kate Joyce 724.820.4368 [emailprotected] Investors Annette Arribas, IRC 724.820.3700 [emailprotected] SOURCE Ansys Related Links https://www.ansys.com

edtsum416

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: LANDSKRONA, Sweden, April 3, 2021 /PRNewswire/ -- Haldex AB (publ) published the Annual and Sustainability Report 2020 on March 26, 2021. The English translation has now been finalized and uploaded on Haldex Group web site: https://www.haldex.com/en/corporate/investors/financial-reports/. Printed copies can be ordered by calling the switchboard on telephone +46 418 47 60 00 or send an email to [emailprotected]. The printed edition will be available for distribution by April 23, 2021. For further information, please contact: Helene Svahn, CEOLottie Saks, CFOPhone: +46418 47 60 00,E-mail: [emailprotected] This information is information that Haldex AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication,through the agency of the contact persons set out above,at 13:00 am CEST on April 2, 2021. About HaldexOver 120 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer's reality. Through focusing on our core competences and the passion we all share we achieve the agility and flexibility that the market demands. Innovative collaborations aren't only the core of our products, but our philosophy. Our 2,000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approximately 4 billion SEK. This document is essentially a translation of Swedish language original thereof. In the event of any discrepancies between this translation and the original Swedish document the latter shall be deemed correct. This information was brought to you by Cision http://news.cision.com https://news.cision.com/haldex/r/haldex-annual-and-sustainability-report-2020,c3319394 The following files are available for download: https://mb.cision.com/Main/1432/3319394/1396847.pdf Release SOURCE Haldex Answer:

Haldex Annual and Sustainability Report 2020

LANDSKRONA, Sweden, April 3, 2021 /PRNewswire/ -- Haldex AB (publ) published the Annual and Sustainability Report 2020 on March 26, 2021. The English translation has now been finalized and uploaded on Haldex Group web site: https://www.haldex.com/en/corporate/investors/financial-reports/. Printed copies can be ordered by calling the switchboard on telephone +46 418 47 60 00 or send an email to [emailprotected]. The printed edition will be available for distribution by April 23, 2021. For further information, please contact: Helene Svahn, CEOLottie Saks, CFOPhone: +46418 47 60 00,E-mail: [emailprotected] This information is information that Haldex AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication,through the agency of the contact persons set out above,at 13:00 am CEST on April 2, 2021. About HaldexOver 120 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer's reality. Through focusing on our core competences and the passion we all share we achieve the agility and flexibility that the market demands. Innovative collaborations aren't only the core of our products, but our philosophy. Our 2,000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approximately 4 billion SEK. This document is essentially a translation of Swedish language original thereof. In the event of any discrepancies between this translation and the original Swedish document the latter shall be deemed correct. This information was brought to you by Cision http://news.cision.com https://news.cision.com/haldex/r/haldex-annual-and-sustainability-report-2020,c3319394 The following files are available for download: https://mb.cision.com/Main/1432/3319394/1396847.pdf Release SOURCE Haldex

edtsum417

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: ROCKVILLE, Md., March 9, 2021 /PRNewswire/ --During the pandemic, pet ownerslike all Americanshave been flocking online in droves due to store closures and stay-at-home and social distancing measures. Nearly two-thirds of U.S. pet owners (64%) have been ordering/buying online more, almost half (49%) have been ordering/buying more via smartphone, and over two-fifths (43%) have been buying groceries online more, based on a 2020 Survey of Pet Owners by market research firm Packaged Facts. In the same survey, 31% of pet owners reported using curbside pickup more for grocery shopping, with 25% using curbside pickup for the first time. In Packaged Facts most recent survey from February 2021, 40% of pet product shoppers claimed they shopped online more for pet products due to the impact of COVID-19. But as David Sprinkle, research director at Packaged Facts and a featured presenter at Global Pet Expo Digital Accesspoints out, the uptick in e-commerce shopping in the U.S. pet industry won't be reversed even as restrictions are increasingly lifted and the vaccine becomes more widely available, because consumers have become acclimated to the ease and convenience of online ordering. "The pre-coronavirus surge in internet sales of pet products had already spurred a massive pet market investment in e-commerce logistics over the past several years, which has helped shored up the products side of the industry and will continue to do so," says Sprinkle. Even before the pandemic, e-commerce sales were a primary pet market driver, with over $5 billion worth of non-food pet supplies sold online in 2019, with e-commerce accounting for an estimated 21% of product sales. As a result of the pandemic-driven accelerated consumer migration online, Packaged Facts expects e-commerce to surge to 35% of the non-food pet supplies market by 2024. Even durable items that had been resistant to shifting online in the pastwhether due to the "touch factor" (as in the bed category) or because they have traditionally been impulse purchases (as in the toy category)are seeing a growing share of internet sales. Accordingly, now is the time for retailers to up their game by exploring incentives for online ordering for home delivery, "click-and-collect" (buy online, pick up in store/BOPISor, in the age of coronavirus, curbside), and subscription-based sales. About the Global Pet Expo Digital Access Registertoday for Global Pet Expo Digital Access. This year's expo will be a fully-digital experience held March 24-26, 2021. The expo is open to independent retailers, distributors, mass-market buyers, and other qualified professionals. This show is not open to the general public. Global Pet Expo, presented by the American Pet Products Association (APPA) and Pet Industry Distributors Association (PIDA), is the pet industry's largest annual trade show featuring the newest, most innovative pet products on the market today. About Packaged Facts' Presentation at Global Pet Expo Digital Access Packaged Facts will present at the expo March 24, 2021 at 3 p.m. David Sprinkle, research director, will present on U.S. Pet Market Outlook and Trends 2021, including examining market drivers and key industry issues in the wake of COVID-19. Pet market growth, pet acquisition and pet population across animal types, pet care psychographics and the "new breed" of pet owners, e-commerce/channel share shifts, and digital pet health care trends will be covered during Packaged Facts' presentation. About Packaged Facts Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer demographics and shopper insights, consumer financial products and services, consumer goods and retailing, and pet products and services. Packaged Facts also offers a full range of custom research services. Reports can be purchased at our company website and are also available through MarketResearch.com. For more essential insights from Packaged Facts be sure to follow us on Twitter(@packaged_facts), LinkedIn, and YouTube. Find more information about the Global Pet Expo on Twitter @GlobalPetExpo or by visiting their website. Media Contact: [emailprotected]Report Purchases:[emailprotected] SOURCE Packaged Facts Related Links https://www.packagedfacts.com Answer:

E-Commerce's Eminence in Pet Market Not Tied to Pandemic Sales Boost, reports Packaged Facts 40% of pet product shoppers claimed they shopped online more for pet products due to the impact of COVID-19, says Packaged Facts in upcoming presentation at Global Pet Expo on March 24

ROCKVILLE, Md., March 9, 2021 /PRNewswire/ --During the pandemic, pet ownerslike all Americanshave been flocking online in droves due to store closures and stay-at-home and social distancing measures. Nearly two-thirds of U.S. pet owners (64%) have been ordering/buying online more, almost half (49%) have been ordering/buying more via smartphone, and over two-fifths (43%) have been buying groceries online more, based on a 2020 Survey of Pet Owners by market research firm Packaged Facts. In the same survey, 31% of pet owners reported using curbside pickup more for grocery shopping, with 25% using curbside pickup for the first time. In Packaged Facts most recent survey from February 2021, 40% of pet product shoppers claimed they shopped online more for pet products due to the impact of COVID-19. But as David Sprinkle, research director at Packaged Facts and a featured presenter at Global Pet Expo Digital Accesspoints out, the uptick in e-commerce shopping in the U.S. pet industry won't be reversed even as restrictions are increasingly lifted and the vaccine becomes more widely available, because consumers have become acclimated to the ease and convenience of online ordering. "The pre-coronavirus surge in internet sales of pet products had already spurred a massive pet market investment in e-commerce logistics over the past several years, which has helped shored up the products side of the industry and will continue to do so," says Sprinkle. Even before the pandemic, e-commerce sales were a primary pet market driver, with over $5 billion worth of non-food pet supplies sold online in 2019, with e-commerce accounting for an estimated 21% of product sales. As a result of the pandemic-driven accelerated consumer migration online, Packaged Facts expects e-commerce to surge to 35% of the non-food pet supplies market by 2024. Even durable items that had been resistant to shifting online in the pastwhether due to the "touch factor" (as in the bed category) or because they have traditionally been impulse purchases (as in the toy category)are seeing a growing share of internet sales. Accordingly, now is the time for retailers to up their game by exploring incentives for online ordering for home delivery, "click-and-collect" (buy online, pick up in store/BOPISor, in the age of coronavirus, curbside), and subscription-based sales. About the Global Pet Expo Digital Access Registertoday for Global Pet Expo Digital Access. This year's expo will be a fully-digital experience held March 24-26, 2021. The expo is open to independent retailers, distributors, mass-market buyers, and other qualified professionals. This show is not open to the general public. Global Pet Expo, presented by the American Pet Products Association (APPA) and Pet Industry Distributors Association (PIDA), is the pet industry's largest annual trade show featuring the newest, most innovative pet products on the market today. About Packaged Facts' Presentation at Global Pet Expo Digital Access Packaged Facts will present at the expo March 24, 2021 at 3 p.m. David Sprinkle, research director, will present on U.S. Pet Market Outlook and Trends 2021, including examining market drivers and key industry issues in the wake of COVID-19. Pet market growth, pet acquisition and pet population across animal types, pet care psychographics and the "new breed" of pet owners, e-commerce/channel share shifts, and digital pet health care trends will be covered during Packaged Facts' presentation. About Packaged Facts Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer demographics and shopper insights, consumer financial products and services, consumer goods and retailing, and pet products and services. Packaged Facts also offers a full range of custom research services. Reports can be purchased at our company website and are also available through MarketResearch.com. For more essential insights from Packaged Facts be sure to follow us on Twitter(@packaged_facts), LinkedIn, and YouTube. Find more information about the Global Pet Expo on Twitter @GlobalPetExpo or by visiting their website. Media Contact: [emailprotected]Report Purchases:[emailprotected] SOURCE Packaged Facts Related Links https://www.packagedfacts.com

edtsum418

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 18, 2020 /PRNewswire/ -- The global insulin storage devices marketsize is expected to reach USD 1.3 billion by 2027, registering revenue based CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing incidence of diabetes and rising adoption of advanced insulin delivery devices are the key factors driving the market. Rising government initiatives and increasing awareness about insulin storage are also among the major factors contributing to the market growth. Key suggestions from the report: North America accounted for the largest insulin storage devices market share in 2019 owing to favorable reimbursement policies, presence of key players, and frequent product launches Asia Pacific is expected to see robust growth during the forecast period owing to the large diabetic population By product, the battery-operated devices segment dominated the market owing to high cost of products and high adoption The type 1 patients segment accounted for the largest revenue share/ volume share due to high demand, whereas the type 2 patients segment is expected to grow at the fastest rate due to rising awareness about diabetes preventive care The leading players in the industries are DISIONCARE; ReadyCare, LLC; Tawa Outdoor; Medicool, Arkray, Inc.; Cooluli; Zhengzhou Defrigus Electric Device Co. Ltd.; Zhengzhou Olive Electronic Technology Co., Ltd.; and others. Read 110 page research report with ToC on "Insulin Storage Devices Market Size, Share & Trends Analysis Report By Devices (Insulated Kits, Battery Operated Devices), By Patient Type (Type 1, Type 2), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/insulin-storage-devices-market A sedentary lifestyle and nutrition transition are some of the major factors leading to increasing cases of obesity, which significantly enhances the risk of diabetes. According to the WHO, in 2016, there were 650 million obese people in the world and this number is expected to rise significantly during the forecast period. Diabetes-related healthcare expenditure, both public and private, is also expected to grow rapidly. According to the International Diabetes Federation, healthcare expenditure due to diabetes is expected to reach 214 billion by 2045. With the increase in diabetes-related healthcare expenditure, the insulin storage devices market is expected to see frequent new product launches and advanced delivery devices thus, boosting the demand for advanced insulin storage solutions. Grand View Research has segmented the global insulin storage devices market on the basis of product type, patient type, and region: Insulin Storage Devices Product Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027) Insulated Kits Insulin Cooling Wallets Insulin Cooling Pouches Insulated Cooler Bags Battery Operated Insulin Storage Devices Insulin Storage Devices Patient Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027) Type 1 Diabetes Type 2 Diabetes Insulin Storage Devices Regional Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027) North America U.S. Canada Europe U.K Germany France Italy Spain Czech Republic Russia Poland Turkey Switzerland Asia Pacific Japan China India Australia South Korea Vietnam Philippines Malaysia Indonesia Thailand Latin America Brazil Mexico Argentina Colombia Chile Middle East & Africa South Africa Saudi Arabia UAE Oman Egypt Find more research reports on Medical Devices Industry,by Grand View Research: Insulin Patch Pumps Market Global insulin patch pumps market size was valued at USD 768.5 million in 2019 and is expected to exhibit a CAGR of 10.9% during the forecast period. Diabetes Devices Market Global diabetes devices market size was valued at USD 23.0 billion in 2019 and is expected to expand at a CAGR of 7.8% during the forecast period. Smart Insulin Pens And Pumps Market Global smart insulin pens and pumps market size was valued at USD 2.5 billion in 2018 and is expected to expand at a CAGR of 10.0% during the forecast period. Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact:Sherry Jamesorporate Sales Specialist, USAGrand View Research, Inc.Phone: +1-415-349-0058Toll Free: 1-888-202-9519Email: [emailprotected] Web: https://www.grandviewresearch.com Follow Us: LinkedIn | Twitter SOURCE Grand View Research, Inc. Answer:

Insulin Storage Devices Market Size Worth $1.3 Billion by 2027: Grand View Research, Inc.

SAN FRANCISCO, May 18, 2020 /PRNewswire/ -- The global insulin storage devices marketsize is expected to reach USD 1.3 billion by 2027, registering revenue based CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing incidence of diabetes and rising adoption of advanced insulin delivery devices are the key factors driving the market. Rising government initiatives and increasing awareness about insulin storage are also among the major factors contributing to the market growth. Key suggestions from the report: North America accounted for the largest insulin storage devices market share in 2019 owing to favorable reimbursement policies, presence of key players, and frequent product launches Asia Pacific is expected to see robust growth during the forecast period owing to the large diabetic population By product, the battery-operated devices segment dominated the market owing to high cost of products and high adoption The type 1 patients segment accounted for the largest revenue share/ volume share due to high demand, whereas the type 2 patients segment is expected to grow at the fastest rate due to rising awareness about diabetes preventive care The leading players in the industries are DISIONCARE; ReadyCare, LLC; Tawa Outdoor; Medicool, Arkray, Inc.; Cooluli; Zhengzhou Defrigus Electric Device Co. Ltd.; Zhengzhou Olive Electronic Technology Co., Ltd.; and others. Read 110 page research report with ToC on "Insulin Storage Devices Market Size, Share & Trends Analysis Report By Devices (Insulated Kits, Battery Operated Devices), By Patient Type (Type 1, Type 2), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/insulin-storage-devices-market A sedentary lifestyle and nutrition transition are some of the major factors leading to increasing cases of obesity, which significantly enhances the risk of diabetes. According to the WHO, in 2016, there were 650 million obese people in the world and this number is expected to rise significantly during the forecast period. Diabetes-related healthcare expenditure, both public and private, is also expected to grow rapidly. According to the International Diabetes Federation, healthcare expenditure due to diabetes is expected to reach 214 billion by 2045. With the increase in diabetes-related healthcare expenditure, the insulin storage devices market is expected to see frequent new product launches and advanced delivery devices thus, boosting the demand for advanced insulin storage solutions. Grand View Research has segmented the global insulin storage devices market on the basis of product type, patient type, and region: Insulin Storage Devices Product Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027) Insulated Kits Insulin Cooling Wallets Insulin Cooling Pouches Insulated Cooler Bags Battery Operated Insulin Storage Devices Insulin Storage Devices Patient Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027) Type 1 Diabetes Type 2 Diabetes Insulin Storage Devices Regional Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027) North America U.S. Canada Europe U.K Germany France Italy Spain Czech Republic Russia Poland Turkey Switzerland Asia Pacific Japan China India Australia South Korea Vietnam Philippines Malaysia Indonesia Thailand Latin America Brazil Mexico Argentina Colombia Chile Middle East & Africa South Africa Saudi Arabia UAE Oman Egypt Find more research reports on Medical Devices Industry,by Grand View Research: Insulin Patch Pumps Market Global insulin patch pumps market size was valued at USD 768.5 million in 2019 and is expected to exhibit a CAGR of 10.9% during the forecast period. Diabetes Devices Market Global diabetes devices market size was valued at USD 23.0 billion in 2019 and is expected to expand at a CAGR of 7.8% during the forecast period. Smart Insulin Pens And Pumps Market Global smart insulin pens and pumps market size was valued at USD 2.5 billion in 2018 and is expected to expand at a CAGR of 10.0% during the forecast period. Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact:Sherry Jamesorporate Sales Specialist, USAGrand View Research, Inc.Phone: +1-415-349-0058Toll Free: 1-888-202-9519Email: [emailprotected] Web: https://www.grandviewresearch.com Follow Us: LinkedIn | Twitter SOURCE Grand View Research, Inc.

edtsum419

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 Global Retail Analytics market will register an incremental spend of about $5 billion, growing at a CAGR of 18.00% during the five-year forecast period. A targeted strategic approach to Global Retail Analytics sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages Key benefits to buy this report: Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Global Retail Analytics market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses. Insights into buyer strategies and tactical negotiation levers: Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Global Retail Analytics market. The report also aids buyers with relevant Global Retail Analytics pricing levels, pros and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfil their category objectives. For more insights on buyer strategies and tactical negotiation levers Click Here To access the definite purchasing guide on the Global Retail Analytics that answers all your key questions on price trends and analysis: To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free. Some of the top Global Retail Analytics suppliers listed in this report: This Global Retail Analytics procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. This procurement report helps buyers identify and shortlist the most suitable suppliers for their Global Retail Analytics requirements by answering the following questions: Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us. Table of Content Appendix About SpendEdge: SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo Answer:

Global Retail Analytics Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Forecasts, 2019-2024

LONDON--(BUSINESS WIRE)--The Global Retail Analytics market will register an incremental spend of about $5 billion, growing at a CAGR of 18.00% during the five-year forecast period. A targeted strategic approach to Global Retail Analytics sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages Key benefits to buy this report: Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Global Retail Analytics market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses. Insights into buyer strategies and tactical negotiation levers: Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Global Retail Analytics market. The report also aids buyers with relevant Global Retail Analytics pricing levels, pros and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfil their category objectives. For more insights on buyer strategies and tactical negotiation levers Click Here To access the definite purchasing guide on the Global Retail Analytics that answers all your key questions on price trends and analysis: To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free. Some of the top Global Retail Analytics suppliers listed in this report: This Global Retail Analytics procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. This procurement report helps buyers identify and shortlist the most suitable suppliers for their Global Retail Analytics requirements by answering the following questions: Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us. Table of Content Appendix About SpendEdge: SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo

edtsum420

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, Kan., Oct. 26, 2020 /PRNewswire/ --Cingulate Therapeutics, a privately-held, clinical-stage, biopharmaceutical company focused on the development of innovative new products for the treatment of Attention Deficit/Hyperactivity Disorder (ADHD), today announced results from the Company's Phase 1/2, randomized, single-dose, four-sequence, four-period, in-clinic crossover study in adult ADHD patients to establish safety, tolerability, comparative bioavailability, and dose proportionality of CTx-1301 versus Focalin XR. These results demonstratedthe comparative bioavailability (bridging) between these two products, confirming the 505(b)(2) pathway. No serious adverse events were reported in the study. The data was presented at the American Association of Child and Adolescent Psychiatry (AACAP) annual virtual meeting October 12-24, 2020. Cingulate plans to conduct Phase 3 trials in 2021. "The data is impressive and will help position Cingulate's CTx-1301 product to achieve rapid market uptake," said Shane J. Schaffer, PharmD, Chairman and CEO of Cingulate Therapeutics. "The data in our study not only achieved bridging to the listed drug, but also indicated critical differentiators from any other product available in the ADHD market." Matthew Brams, MD, Chief Medical Officer at Cingulate, remarked, "The data from this Pivotal Trial provided another confirmation that Cingulate has developed an ADHD medication that will substantially improve the lives of patients by overcoming longstanding unmet medical needs. Our Phase 3 trials are designed to further confirm the pharmacokinetic-pharmacodynamic relationship of stimulants for ADHD. CTx-1301 has the potential to be the only product for ADHD with a 30-minute onset of action, efficacy that lasts the 'entire active day', and a controlled descent of drug levels with the potential to minimize or prevent the afternoon wear-off effects, or 'crash'; And from a societal perspective, CTx-1301, with its built-in booster may eliminate the need for a 'booster' or 'recovery' dose required by millions of ADHD patients and could reduce the abuse and diversion of these short-acting stimulants." About Cingulate TherapeuticsCingulate Therapeutics, LLC is a privately-held, clinical-stage, biopharmaceutical company focused on the development of new and innovative products utilizing the Company's disruptive, proprietary Precision Timed Release (PTR)drug delivery platform technology that enables the creation of a true once-daily, multi-dose tablet. Cingulate's two lead assets in the $18B ADHD market include CTx-1301 (dexmethylphenidate) and CTx-1302 (dextroamphetamine)both first-line treatments intended for all patient segments: children, adolescents, and adults. CTx-1301 and CTx-1302 utilize an innovative, flexible-core, tableting technology with a Target Product Profile designed to deliver a rapid onset and last the entire active day while providing a controlled descent of plasma drug levels to optimize treatment. The Company will pursue approval via the accelerated 505(b)(2) regulatory pathway. For more information visit www.cingulatetherapeutics.com Caution Concerning Forward Looking Statements This press release may contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation the Company's proposed development and commercial timelines, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "possibly," "should," "could," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements, including the timing and probability of potential FDA approval of the CTx-1301 NDA, and the potential commercial launch of CTx-1301. The potential clinical benefits of CTx-1301 or any of Cingulate Therapeutics product candidates are based on information currently available to Cingulate Therapeutics and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Cingulate Therapeutics is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. CONTACTS CorporateRyan Schultz, VP Business Development[emailprotected](816) 304-0292 Investor RelationsTiberend Strategic Advisors, Inc.[emailprotected](913) 942-2300 SOURCE Cingulate Therapeutics LLC Related Links http://www.cingulatetherapeutics.com Answer:

Cingulate Therapeutics Presents Results of Pivotal Phase 2 Clinical Trial for Lead ADHD Candidate CTx-1301 at the American Association of Child and Adolescent Psychiatry Annual Meeting Data Demonstrates Extended Duration, Fast Onset of Action, and the Potential for Elimination of Booster Doses

KANSAS CITY, Kan., Oct. 26, 2020 /PRNewswire/ --Cingulate Therapeutics, a privately-held, clinical-stage, biopharmaceutical company focused on the development of innovative new products for the treatment of Attention Deficit/Hyperactivity Disorder (ADHD), today announced results from the Company's Phase 1/2, randomized, single-dose, four-sequence, four-period, in-clinic crossover study in adult ADHD patients to establish safety, tolerability, comparative bioavailability, and dose proportionality of CTx-1301 versus Focalin XR. These results demonstratedthe comparative bioavailability (bridging) between these two products, confirming the 505(b)(2) pathway. No serious adverse events were reported in the study. The data was presented at the American Association of Child and Adolescent Psychiatry (AACAP) annual virtual meeting October 12-24, 2020. Cingulate plans to conduct Phase 3 trials in 2021. "The data is impressive and will help position Cingulate's CTx-1301 product to achieve rapid market uptake," said Shane J. Schaffer, PharmD, Chairman and CEO of Cingulate Therapeutics. "The data in our study not only achieved bridging to the listed drug, but also indicated critical differentiators from any other product available in the ADHD market." Matthew Brams, MD, Chief Medical Officer at Cingulate, remarked, "The data from this Pivotal Trial provided another confirmation that Cingulate has developed an ADHD medication that will substantially improve the lives of patients by overcoming longstanding unmet medical needs. Our Phase 3 trials are designed to further confirm the pharmacokinetic-pharmacodynamic relationship of stimulants for ADHD. CTx-1301 has the potential to be the only product for ADHD with a 30-minute onset of action, efficacy that lasts the 'entire active day', and a controlled descent of drug levels with the potential to minimize or prevent the afternoon wear-off effects, or 'crash'; And from a societal perspective, CTx-1301, with its built-in booster may eliminate the need for a 'booster' or 'recovery' dose required by millions of ADHD patients and could reduce the abuse and diversion of these short-acting stimulants." About Cingulate TherapeuticsCingulate Therapeutics, LLC is a privately-held, clinical-stage, biopharmaceutical company focused on the development of new and innovative products utilizing the Company's disruptive, proprietary Precision Timed Release (PTR)drug delivery platform technology that enables the creation of a true once-daily, multi-dose tablet. Cingulate's two lead assets in the $18B ADHD market include CTx-1301 (dexmethylphenidate) and CTx-1302 (dextroamphetamine)both first-line treatments intended for all patient segments: children, adolescents, and adults. CTx-1301 and CTx-1302 utilize an innovative, flexible-core, tableting technology with a Target Product Profile designed to deliver a rapid onset and last the entire active day while providing a controlled descent of plasma drug levels to optimize treatment. The Company will pursue approval via the accelerated 505(b)(2) regulatory pathway. For more information visit www.cingulatetherapeutics.com Caution Concerning Forward Looking Statements This press release may contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation the Company's proposed development and commercial timelines, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "possibly," "should," "could," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements, including the timing and probability of potential FDA approval of the CTx-1301 NDA, and the potential commercial launch of CTx-1301. The potential clinical benefits of CTx-1301 or any of Cingulate Therapeutics product candidates are based on information currently available to Cingulate Therapeutics and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Cingulate Therapeutics is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. CONTACTS CorporateRyan Schultz, VP Business Development[emailprotected](816) 304-0292 Investor RelationsTiberend Strategic Advisors, Inc.[emailprotected](913) 942-2300 SOURCE Cingulate Therapeutics LLC Related Links http://www.cingulatetherapeutics.com

edtsum421

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 JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced it is collaborating with Ford Otosan on product development and testing of autonomous heavy commercial trucks. Ford Otosan is testing and planning to use Velodyne Velarray H800 lidar sensors to enable safe navigation and collision avoidance in next generation vehicles. Velarray H800 is a powerful solution that can greatly improve automated safety and advanced driver assistance systems (ADAS). Designed for automotive-grade performance and durability, the Velarray H800s compact, embeddable form factor makes it ideal for seamless integration in internal and external vehicle mounting locations. The Velarray H800 boasts outstanding range, field of view and resolution to deliver rich point cloud density required for high resolution mapping and object classification tasks. The sensor will help Ford Otosan to create superior autonomous driving technology, addressing edge-cases for driving situations, including curvy roads, potholes, intersections, on/off ramps, residential areas and roadways with unclear lane markings. It delivers high performance during daylight and at night, enabling the detection of vehicles, pedestrians, bicyclists, motorcyclists and more. Ford Otosan is already using Velodynes Alpha Prime lidar sensors, which provide 360-degree surround-view perception technology to support autonomous mobility. The Alpha Prime is specifically made for autonomous driving in complex conditions for travel up to highway speeds. The combined range, resolution and field of view in one sensor is designed to enable autonomous vehicles and ADAS in a wide variety of lighting conditions. Autonomous vehicle technology, powered by lidar, can bring multiple efficiency and safety benefits to the trucking industry, said Burak Gkelik, Assistant General Manager, Ford Otosan. Our autonomous driving initiative with Velodyne looks to improve roadway safety by helping trucks understand and react to approaching road conditions and surroundings. Ford Otosan has well established commercial vehicle leadership in Europe and they act as the global engineering center for Ford Motor Companys heavy commercial vehicles, said Erich Smidt, Executive Director Europe, Velodyne Lidar. We look forward to cooperating with Ford Otosan on autonomous driving development and learning from their use of the Velarray H800 in the trucking market. About Velodyne Lidar Velodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodynes revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit www.velodynelidar.com. About Ford Otosan Ford Otosan, with its annual production capacity of 455,000 vehicles, 70,000 engines and 140,000 powertrains, is the biggest commercial vehicle production center of Ford in Europe. The company produces and develops Transit & Tourneo range commercial vehicles, and also serves as the global engineering & production center for Ford Trucks heavy commercial vehicles and their engine systems. The company has all the capabilities and infrastructure required to design, develop, and test a whole vehicle, including its engine, from scratch to the complete commercial product. Ford Otosan (Ford Otomotiv Sanayi A..) is a publicly traded company, where Ford Motor Company and Ko Holding have equal shares. For more information, visit https://www.fordotosan.com.tr/en Forward Looking Statements This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodynes target markets, new products, development efforts, competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; uncertainties related to Velodyne's estimates of the size of the markets for its products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; Velodyne's ability to identify and integrate acquisitions; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Answer:

Velodyne Lidar Announces Autonomous Driving Collaboration with Ford Otosan Companies Working Together on Autonomous Driving Development and Testing for Heavy Commercial Vehicles

SAN JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced it is collaborating with Ford Otosan on product development and testing of autonomous heavy commercial trucks. Ford Otosan is testing and planning to use Velodyne Velarray H800 lidar sensors to enable safe navigation and collision avoidance in next generation vehicles. Velarray H800 is a powerful solution that can greatly improve automated safety and advanced driver assistance systems (ADAS). Designed for automotive-grade performance and durability, the Velarray H800s compact, embeddable form factor makes it ideal for seamless integration in internal and external vehicle mounting locations. The Velarray H800 boasts outstanding range, field of view and resolution to deliver rich point cloud density required for high resolution mapping and object classification tasks. The sensor will help Ford Otosan to create superior autonomous driving technology, addressing edge-cases for driving situations, including curvy roads, potholes, intersections, on/off ramps, residential areas and roadways with unclear lane markings. It delivers high performance during daylight and at night, enabling the detection of vehicles, pedestrians, bicyclists, motorcyclists and more. Ford Otosan is already using Velodynes Alpha Prime lidar sensors, which provide 360-degree surround-view perception technology to support autonomous mobility. The Alpha Prime is specifically made for autonomous driving in complex conditions for travel up to highway speeds. The combined range, resolution and field of view in one sensor is designed to enable autonomous vehicles and ADAS in a wide variety of lighting conditions. Autonomous vehicle technology, powered by lidar, can bring multiple efficiency and safety benefits to the trucking industry, said Burak Gkelik, Assistant General Manager, Ford Otosan. Our autonomous driving initiative with Velodyne looks to improve roadway safety by helping trucks understand and react to approaching road conditions and surroundings. Ford Otosan has well established commercial vehicle leadership in Europe and they act as the global engineering center for Ford Motor Companys heavy commercial vehicles, said Erich Smidt, Executive Director Europe, Velodyne Lidar. We look forward to cooperating with Ford Otosan on autonomous driving development and learning from their use of the Velarray H800 in the trucking market. About Velodyne Lidar Velodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodynes revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit www.velodynelidar.com. About Ford Otosan Ford Otosan, with its annual production capacity of 455,000 vehicles, 70,000 engines and 140,000 powertrains, is the biggest commercial vehicle production center of Ford in Europe. The company produces and develops Transit & Tourneo range commercial vehicles, and also serves as the global engineering & production center for Ford Trucks heavy commercial vehicles and their engine systems. The company has all the capabilities and infrastructure required to design, develop, and test a whole vehicle, including its engine, from scratch to the complete commercial product. Ford Otosan (Ford Otomotiv Sanayi A..) is a publicly traded company, where Ford Motor Company and Ko Holding have equal shares. For more information, visit https://www.fordotosan.com.tr/en Forward Looking Statements This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodynes target markets, new products, development efforts, competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; uncertainties related to Velodyne's estimates of the size of the markets for its products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; Velodyne's ability to identify and integrate acquisitions; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

edtsum422

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: WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today announced that Anant Bhalla, Chief Executive Officer and Ted Johnson, Chief Financial Officer, will participate in a fireside chat at the 2020 Virtual KBW Insurance Conference on Thursday, September 10 at 8:50 a.m. ET. Interested parties may access a webcast of this discussion on American Equitys website at www.american-equity.com. CAUTION REGARDING FORWARD-LOOKING STATEMENTS Certain statements made during this presentation may constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially. These forward-looking statements are subject to a number of risks and uncertainties discussed in detail in American Equitys most recent SEC filings. ABOUT AMERICAN EQUITY American Equity Investment Life Holding Company, through its wholly-owned subsidiaries, is a leading issuer of fixed index annuities through independent agents, banks and broker-dealers. American Equity Investment Life Holding Company, a New York Stock Exchange listed company (NYSE: AEL), is headquartered in West Des Moines, Iowa. For more information, please visit www.american-equity.com. Answer:

American Equity to Participate in Fireside Chat at 2020 Virtual KBW Insurance Conference

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today announced that Anant Bhalla, Chief Executive Officer and Ted Johnson, Chief Financial Officer, will participate in a fireside chat at the 2020 Virtual KBW Insurance Conference on Thursday, September 10 at 8:50 a.m. ET. Interested parties may access a webcast of this discussion on American Equitys website at www.american-equity.com. CAUTION REGARDING FORWARD-LOOKING STATEMENTS Certain statements made during this presentation may constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially. These forward-looking statements are subject to a number of risks and uncertainties discussed in detail in American Equitys most recent SEC filings. ABOUT AMERICAN EQUITY American Equity Investment Life Holding Company, through its wholly-owned subsidiaries, is a leading issuer of fixed index annuities through independent agents, banks and broker-dealers. American Equity Investment Life Holding Company, a New York Stock Exchange listed company (NYSE: AEL), is headquartered in West Des Moines, Iowa. For more information, please visit www.american-equity.com.

edtsum423

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, June 9, 2020 /PRNewswire/ -- PatientPing, the nation's leading care collaboration and e-notifications platform, today announced that it has raised $60 million in Series C funding to fuel expansion to new geographies and extend capabilities. Powered by the nation's largest network of Admission, Discharge, Transfer (ADT) data, PatientPing connects thousands of healthcare providers and health plans across the continuum of care. The investment round, co-led by Andreessen Horowitz, F-Prime Capital, GV (formerly Google Ventures), and Transformation Capital, with additional participation from existing investors, brings PatientPing's total funding to over $100 million. The funding announcement comes as the deadline nears for complying with the Centers for Medicare and Medicaid Services (CMS) interoperability rule, which adds a Condition of Participation (CoP) requiring hospitals to share ADT electronic event notifications (e-notifications) with other providers whenever patients have inpatient or emergency department care events. This is an approach PatientPing pioneered nearly seven years ago with its Pings solution. It also comes in themidst of the COVID-19 pandemic, when sharing real-time information about patients' care encounters across providers and settings is critical to ensure better, safer, and faster treatment and care transitions for infected and recovering patients. PatientPing experiencedrecord growth over the past year, adding thousands of hospitals, PAC facilities, provider organizations and health plans to new and existing markets, including new organizations in Texas, Washington, South Carolina, Pennsylvania, Illinois,Ohio, and Missouri. The Series C financing fuels the continued expansion of the PatientPing e-notifications network beyond the 1,000+ hospitals, and 5,000+ post-acute care facilities that are currently connected, enabling 135 million patient ADT events for 43 million covered lives. With itsgrowth and breadth, PatientPing is well positioned to be a compliance solution for hospitals under the new e-notifications CoP. Sharing ADT events via Pings is a secure and cost-effective way to activate a patient's entire medical team to take action to coordinate care. This enables providers to drive efficient care transitions in and out of emergency departments, hospitals, post-acute providers, and other care settings. By connecting care teams during clinical encounters, Pings keep patients from poor hand-offs between providers that frequently result in patients spending more time in hospitals and other care settings than they need. "While monitoring a patient in the emergency department (ED), I saw a Ping come in that alerted me to quickly connect with the ED case manager as their ED treatment plan needed to consider my care manager's recent documentation of the patient having falls. As a result, rather than being admitted to the hospital, a discharge plan was developed for a Skilled Nursing Facility (SNF) stay," explains Aimee Traugh, Health Regional Care Management Director at UnityPoint Health, a network of hospitals, clinics and home care services in Iowa, Illinois and Wisconsin. "If I hadn't gotten the Ping and been able to reach out, the ED case manager would not have researched the patient's clinical history until discharge. This reduced the ED visit time, prevented a hospitalization, and expedited the admission to the SNF." In addition to expanding its Pings network for e-notifications, PatientPing recently added two new solutions to its enterprise care collaboration product suite, Calloutsand Spotlights.Providers and health plans can use Callouts to improve patient engagement and enroll patients in available programs and supplemental benefits. Spotlights, a real-time network performance management tool, enables providers to view dashboards to monitor network wide utilization patterns, performance trends and intervene, enabling faster quality improvement cycles instead of waiting for months for claims-derived analytics. The company also introduced a COVID-19 Flagfeature, which enables providers to identify and monitor presumptive COVID-19 patients' ADT data in real time by alerting providers via text, email, and within the PatientPing web app whenever patients experiencing COVID-19-like symptoms have care events. Through this new flag feature, providers can better prepare for incoming COVID-19 patients, adhere to quarantine protocols, assess overall population health, and, most importantly, help improve outcomes for patients while keeping them and staff members safe. "Patients often receive care from many providers and when they work together, care is safer and better," said Jay Desai, PatientPing's CEO. "PatientPing is committed to delivering the innovative products needed to support every patient and their full care team with real-time awareness into patients' treatment. With CMS recognizing this need through their CoP, we're excited to accelerate the growth of our national network that makes it easy for any two or more providers to collaborate anytime a patient is receiving care." "It's been exciting to watch PatientPing steadily expand its geographical reach and technology capabilities to positively impact millions of patients nationwide," said Julie Yoo, General Partner at Andreessen Horowitz. "Their platform plays such a critical role in the transition of patients between sites of care, and eliminates one of the major blind spots in our fragmented healthcare system by longitudinally tracking a patient's care journey across all encounters. With the favorable regulatory tailwinds and the need for more resilient care delivery infrastructure coming out of the COVID crisis, PatientPing is well poised to continue leading the market in its quest to achieve better coordination of care." About PatientPingPatientPing is an innovative care collaboration platform that reduces the cost of healthcare and improves patient outcomes by seamlessly connecting providers to coordinate patient care. The platform enables providers to collaborate on shared patients through a comprehensive suite of solutions and allows provider organizations, health plans, governments, individuals and the organizations supporting them to leverage real-time patient data to reach their shared goals of improving the efficiency of our healthcare system. Visit www.patientping.comto learn more. Media Contact:Kay KellySVM PR 774-254-0507[emailprotected] SOURCE PatientPing Answer:

PatientPing Secures $60 Million in Series C Funding to Continue Expansion of National Electronic Notifications Network Company to Scale Capabilities and Reach as Need for Real-Time Notifications About Patients' Care Encounters Becomes Federally Mandated

BOSTON, June 9, 2020 /PRNewswire/ -- PatientPing, the nation's leading care collaboration and e-notifications platform, today announced that it has raised $60 million in Series C funding to fuel expansion to new geographies and extend capabilities. Powered by the nation's largest network of Admission, Discharge, Transfer (ADT) data, PatientPing connects thousands of healthcare providers and health plans across the continuum of care. The investment round, co-led by Andreessen Horowitz, F-Prime Capital, GV (formerly Google Ventures), and Transformation Capital, with additional participation from existing investors, brings PatientPing's total funding to over $100 million. The funding announcement comes as the deadline nears for complying with the Centers for Medicare and Medicaid Services (CMS) interoperability rule, which adds a Condition of Participation (CoP) requiring hospitals to share ADT electronic event notifications (e-notifications) with other providers whenever patients have inpatient or emergency department care events. This is an approach PatientPing pioneered nearly seven years ago with its Pings solution. It also comes in themidst of the COVID-19 pandemic, when sharing real-time information about patients' care encounters across providers and settings is critical to ensure better, safer, and faster treatment and care transitions for infected and recovering patients. PatientPing experiencedrecord growth over the past year, adding thousands of hospitals, PAC facilities, provider organizations and health plans to new and existing markets, including new organizations in Texas, Washington, South Carolina, Pennsylvania, Illinois,Ohio, and Missouri. The Series C financing fuels the continued expansion of the PatientPing e-notifications network beyond the 1,000+ hospitals, and 5,000+ post-acute care facilities that are currently connected, enabling 135 million patient ADT events for 43 million covered lives. With itsgrowth and breadth, PatientPing is well positioned to be a compliance solution for hospitals under the new e-notifications CoP. Sharing ADT events via Pings is a secure and cost-effective way to activate a patient's entire medical team to take action to coordinate care. This enables providers to drive efficient care transitions in and out of emergency departments, hospitals, post-acute providers, and other care settings. By connecting care teams during clinical encounters, Pings keep patients from poor hand-offs between providers that frequently result in patients spending more time in hospitals and other care settings than they need. "While monitoring a patient in the emergency department (ED), I saw a Ping come in that alerted me to quickly connect with the ED case manager as their ED treatment plan needed to consider my care manager's recent documentation of the patient having falls. As a result, rather than being admitted to the hospital, a discharge plan was developed for a Skilled Nursing Facility (SNF) stay," explains Aimee Traugh, Health Regional Care Management Director at UnityPoint Health, a network of hospitals, clinics and home care services in Iowa, Illinois and Wisconsin. "If I hadn't gotten the Ping and been able to reach out, the ED case manager would not have researched the patient's clinical history until discharge. This reduced the ED visit time, prevented a hospitalization, and expedited the admission to the SNF." In addition to expanding its Pings network for e-notifications, PatientPing recently added two new solutions to its enterprise care collaboration product suite, Calloutsand Spotlights.Providers and health plans can use Callouts to improve patient engagement and enroll patients in available programs and supplemental benefits. Spotlights, a real-time network performance management tool, enables providers to view dashboards to monitor network wide utilization patterns, performance trends and intervene, enabling faster quality improvement cycles instead of waiting for months for claims-derived analytics. The company also introduced a COVID-19 Flagfeature, which enables providers to identify and monitor presumptive COVID-19 patients' ADT data in real time by alerting providers via text, email, and within the PatientPing web app whenever patients experiencing COVID-19-like symptoms have care events. Through this new flag feature, providers can better prepare for incoming COVID-19 patients, adhere to quarantine protocols, assess overall population health, and, most importantly, help improve outcomes for patients while keeping them and staff members safe. "Patients often receive care from many providers and when they work together, care is safer and better," said Jay Desai, PatientPing's CEO. "PatientPing is committed to delivering the innovative products needed to support every patient and their full care team with real-time awareness into patients' treatment. With CMS recognizing this need through their CoP, we're excited to accelerate the growth of our national network that makes it easy for any two or more providers to collaborate anytime a patient is receiving care." "It's been exciting to watch PatientPing steadily expand its geographical reach and technology capabilities to positively impact millions of patients nationwide," said Julie Yoo, General Partner at Andreessen Horowitz. "Their platform plays such a critical role in the transition of patients between sites of care, and eliminates one of the major blind spots in our fragmented healthcare system by longitudinally tracking a patient's care journey across all encounters. With the favorable regulatory tailwinds and the need for more resilient care delivery infrastructure coming out of the COVID crisis, PatientPing is well poised to continue leading the market in its quest to achieve better coordination of care." About PatientPingPatientPing is an innovative care collaboration platform that reduces the cost of healthcare and improves patient outcomes by seamlessly connecting providers to coordinate patient care. The platform enables providers to collaborate on shared patients through a comprehensive suite of solutions and allows provider organizations, health plans, governments, individuals and the organizations supporting them to leverage real-time patient data to reach their shared goals of improving the efficiency of our healthcare system. Visit www.patientping.comto learn more. Media Contact:Kay KellySVM PR 774-254-0507[emailprotected] SOURCE PatientPing

edtsum424

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: YOUR COUCH, USA, Dec. 15, 2020 /PRNewswire/ --Now more than ever this holiday season, we remind ourselves that, during these unprecedented times, we're all in this together damn, those clichs really get old fast, don't they? To be honest, a lot of things about this year did, but as the holidays approach, so does the end of 2020 (finally), and Captain Morgan is here to help you celebrate because you've earned it. The No. 1 spiced rum brand and award-winning actor Josh Gad come bearing a very special gift: "'Twas the End of 2020" is an audio retelling of a classic holiday tale we all know and love, with a 2020-inspired twist. See if any of this sounds familiar Continue Reading 'Twas the end of 2020, we're locked in the house,Mandatory quarantine has us stuck with our spouse. When out on the lawn there arose such a clatter,My crew, with Captain Morgan damn, they look fatter. Away to the door I flew like a flash,Changed into more sweatpants for a socially distanced bash.Got my Captain Morgan and crew, feeling happy and glad,Good riddance, 2020, there's more fun to be had next year.Josh Gad lent his esteemed voice to readings of "'Twas the End of 2020" that can be found on Spotify and on Captain Morgan's YouTube channel throughout the holiday season. The video version on YouTube includes lyrics to the full story, so you and your quarantine crew can read along together as you kiss actually, probably best to elbow bump 2020 goodbye."When Captain Morgan came to me with this idea, I was excited first and foremost because it's the first time I've ever had direct contact with any Captain of note, and secondly because it gave me a chance to reimagine this classic holiday tale in a way that's so relatable right now," Gad said. "I've binge-watched all the TV shows and scrolled for miles on every social media platform you can think of, and since this project only required me to wear sweatpants and drink in moderation, it was a no-brainer." In keeping with the holiday spirit, Captain Morgan also enlisted the help of actor, videographer and comedian Benito Skinner (also known as @bennydrama7) to tap into his arsenal of beloved original characters and impressions of pop culture icons to create videos that will live on his social channels and give a holiday-themed "tribute" to 2020."All of us at Captain Morgan wanted to ring in the holidays by being 100 percent unapologetic about 2020, a year that certainly won't be missed," said Sam Salameh, Vice President, Captain Morgan. "With 'Twas, Josh and Benito provided the perfect voices and personality to remind us that while this year may have been a bust, there's more fun to be had in 2021."Check out "'Twas the End of 2020" on Captain Morgan's YouTube channel and keep an eye on @CaptainMorganUSA on Instagram and @CaptainMorganUS on Twitter for more fun and holiday cocktail recipes. No matter how you choose to celebrate this holiday season, Captain Morgan is best enjoyed responsibly Captain's orders.About Captain MorganCaptain Morgan is the number one selling spiced rum and the third largest spirits brand in the U.S. With the promise that There's More Fun To Be Had, Captain Morgan encourages everyone 21+ to find the fun in each day. The Captain Morgan portfolio includes CAPTAIN MORGAN Original Spiced Rum, CAPTAIN MORGAN Sliced Apple Spiced Rum, CAPTAIN MORGAN White Rum, CAPTAIN MORGAN Pineapple Rum, CAPTAIN MORGAN Coconut Rum, CAPTAIN MORGAN Black Spiced Rum, CAPTAIN MORGAN Private Stock, CAPTAIN MORGAN Cannon Blast, CAPTAIN MORGAN LocoNut, CAPTAIN MORGAN Apple Smash, CAPTAIN MORGAN Watermelon Smash, CAPTAIN MORGAN Grapefruit Rum. For more information, visit www.CaptainMorgan.com.About DiageoDiageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Croc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. Diageo is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE) and our products are sold in more than 180 countries around the world. For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives and ways to share best practice. Follow us on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA. Celebrating life, every day, everywhere. MEDIA CONTACTS: Halley Barnes Jamie Hakim TAYLOR DIAGEO [emailprotected] [emailprotected] SOURCE Captain Morgan Related Links https://www.captainmorgan.com Answer:

Captain Morgan & Josh Gad Toast The End Of 2020 With A New Take On A Classic Holiday Tale Award-Winning Actor's Readings of "'Twas the End of 2020" Reminisce on a Year That Won't Be Missed While Looking Forward to More Fun in '21

YOUR COUCH, USA, Dec. 15, 2020 /PRNewswire/ --Now more than ever this holiday season, we remind ourselves that, during these unprecedented times, we're all in this together damn, those clichs really get old fast, don't they? To be honest, a lot of things about this year did, but as the holidays approach, so does the end of 2020 (finally), and Captain Morgan is here to help you celebrate because you've earned it. The No. 1 spiced rum brand and award-winning actor Josh Gad come bearing a very special gift: "'Twas the End of 2020" is an audio retelling of a classic holiday tale we all know and love, with a 2020-inspired twist. See if any of this sounds familiar Continue Reading 'Twas the end of 2020, we're locked in the house,Mandatory quarantine has us stuck with our spouse. When out on the lawn there arose such a clatter,My crew, with Captain Morgan damn, they look fatter. Away to the door I flew like a flash,Changed into more sweatpants for a socially distanced bash.Got my Captain Morgan and crew, feeling happy and glad,Good riddance, 2020, there's more fun to be had next year.Josh Gad lent his esteemed voice to readings of "'Twas the End of 2020" that can be found on Spotify and on Captain Morgan's YouTube channel throughout the holiday season. The video version on YouTube includes lyrics to the full story, so you and your quarantine crew can read along together as you kiss actually, probably best to elbow bump 2020 goodbye."When Captain Morgan came to me with this idea, I was excited first and foremost because it's the first time I've ever had direct contact with any Captain of note, and secondly because it gave me a chance to reimagine this classic holiday tale in a way that's so relatable right now," Gad said. "I've binge-watched all the TV shows and scrolled for miles on every social media platform you can think of, and since this project only required me to wear sweatpants and drink in moderation, it was a no-brainer." In keeping with the holiday spirit, Captain Morgan also enlisted the help of actor, videographer and comedian Benito Skinner (also known as @bennydrama7) to tap into his arsenal of beloved original characters and impressions of pop culture icons to create videos that will live on his social channels and give a holiday-themed "tribute" to 2020."All of us at Captain Morgan wanted to ring in the holidays by being 100 percent unapologetic about 2020, a year that certainly won't be missed," said Sam Salameh, Vice President, Captain Morgan. "With 'Twas, Josh and Benito provided the perfect voices and personality to remind us that while this year may have been a bust, there's more fun to be had in 2021."Check out "'Twas the End of 2020" on Captain Morgan's YouTube channel and keep an eye on @CaptainMorganUSA on Instagram and @CaptainMorganUS on Twitter for more fun and holiday cocktail recipes. No matter how you choose to celebrate this holiday season, Captain Morgan is best enjoyed responsibly Captain's orders.About Captain MorganCaptain Morgan is the number one selling spiced rum and the third largest spirits brand in the U.S. With the promise that There's More Fun To Be Had, Captain Morgan encourages everyone 21+ to find the fun in each day. The Captain Morgan portfolio includes CAPTAIN MORGAN Original Spiced Rum, CAPTAIN MORGAN Sliced Apple Spiced Rum, CAPTAIN MORGAN White Rum, CAPTAIN MORGAN Pineapple Rum, CAPTAIN MORGAN Coconut Rum, CAPTAIN MORGAN Black Spiced Rum, CAPTAIN MORGAN Private Stock, CAPTAIN MORGAN Cannon Blast, CAPTAIN MORGAN LocoNut, CAPTAIN MORGAN Apple Smash, CAPTAIN MORGAN Watermelon Smash, CAPTAIN MORGAN Grapefruit Rum. For more information, visit www.CaptainMorgan.com.About DiageoDiageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Croc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. Diageo is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE) and our products are sold in more than 180 countries around the world. For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives and ways to share best practice. Follow us on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA. Celebrating life, every day, everywhere. MEDIA CONTACTS: Halley Barnes Jamie Hakim TAYLOR DIAGEO [emailprotected] [emailprotected] SOURCE Captain Morgan Related Links https://www.captainmorgan.com

edtsum425

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: BEIJING, Dec. 28, 2020 /PRNewswire/ -- Recently, MIT Technology Review released the MIT 50 Smartest Companies (TR50) 2020.AInnovation, as one of thefew AI companies on the list, stood beside giants such as Baidu, Tesla and Nvidia. MIT 50 Smartest Companies Each year since 2010, the MIT Technology Review has selected "50 Smart Companies" from a list of thousands of technology companies around the world to share its insights into the frame of future technology.The TR50 has long been seen as a directory of emerging technologies and a map of global technological innovation as TR50 has a special criteria focusing on enterprises' capability to implement and commercialize emerging technologies. The TR50 has a wide range of candidates and is not limited by geography, including Chinese companies, international companies, and joint ventures, including, not only tech giants, but also small tech startups with great potential, as well as new and rapidly growing enterprises.In short, this is a statistic of the major technology companies in the current era, and the companies on the list are expected to maintain their technological leadership in the next 3-5 years, and even form a new disruption. The aim of this annual list is to draw a diverse and objective situation map of emerging technologies and innovative businesses, so as to analyse the important innovations that are taking place today, and to anticipate the innovative forces that are changing China and the world. AInnovation has positioned itself as an artificial intelligence product and solution company. With the mission of "AI Empowering Business", the company is committed to promoting the intelligent upgrading of traditional industries with AI technology.AInnovation empowers industries such as manufacturing, finance, retail and public services via the integration of hardware and software products and industry solutions based on machine learning and computer vision, so as to promote a rapid commercialization of AI. Among them, smart manufacturing is the area of strength of AInnovation. AInnovation has self-developed ManuVision Industrial Vision Platform, combining traditional algorithm and advanced deep learning for functions such as location, inspection, measurement and recognition, providing overall automation solutions integrating optics, mechanics, electrical, software and algorithms. The precision, generalization and universality of the platform are much better than traditional ones and can be adjusted for new demands in a quick manner, conquering difficulties such as the low efficiency of manual inspection and the lack of versatility and intelligence in the traditional machine vision. According to the statistics of IDC, AInnovation has become the second largest manufacturer of AI industrial quality inspection in China.SOURCE AInnovation Answer:

AInnovation Ranked as One of the MIT 50 Smartest Companies

BEIJING, Dec. 28, 2020 /PRNewswire/ -- Recently, MIT Technology Review released the MIT 50 Smartest Companies (TR50) 2020.AInnovation, as one of thefew AI companies on the list, stood beside giants such as Baidu, Tesla and Nvidia. MIT 50 Smartest Companies Each year since 2010, the MIT Technology Review has selected "50 Smart Companies" from a list of thousands of technology companies around the world to share its insights into the frame of future technology.The TR50 has long been seen as a directory of emerging technologies and a map of global technological innovation as TR50 has a special criteria focusing on enterprises' capability to implement and commercialize emerging technologies. The TR50 has a wide range of candidates and is not limited by geography, including Chinese companies, international companies, and joint ventures, including, not only tech giants, but also small tech startups with great potential, as well as new and rapidly growing enterprises.In short, this is a statistic of the major technology companies in the current era, and the companies on the list are expected to maintain their technological leadership in the next 3-5 years, and even form a new disruption. The aim of this annual list is to draw a diverse and objective situation map of emerging technologies and innovative businesses, so as to analyse the important innovations that are taking place today, and to anticipate the innovative forces that are changing China and the world. AInnovation has positioned itself as an artificial intelligence product and solution company. With the mission of "AI Empowering Business", the company is committed to promoting the intelligent upgrading of traditional industries with AI technology.AInnovation empowers industries such as manufacturing, finance, retail and public services via the integration of hardware and software products and industry solutions based on machine learning and computer vision, so as to promote a rapid commercialization of AI. Among them, smart manufacturing is the area of strength of AInnovation. AInnovation has self-developed ManuVision Industrial Vision Platform, combining traditional algorithm and advanced deep learning for functions such as location, inspection, measurement and recognition, providing overall automation solutions integrating optics, mechanics, electrical, software and algorithms. The precision, generalization and universality of the platform are much better than traditional ones and can be adjusted for new demands in a quick manner, conquering difficulties such as the low efficiency of manual inspection and the lack of versatility and intelligence in the traditional machine vision. According to the statistics of IDC, AInnovation has become the second largest manufacturer of AI industrial quality inspection in China.SOURCE AInnovation

edtsum426

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., March 11, 2021 /PRNewswire/ --With environmental safety a crucial focal point for the specialty chemical industry, the Society of Chemical Manufacturers & Affiliates(SOCMA) looks forward to continuing a robust dialogue and working with newly appointed Environmental Protection Agency (EPA) Administrator Michael Regan on key industry issues. SOCMA Vice President of Legal & Government Relations Robert F. Helminiak released the following statement about the appointment: "We congratulate Administrator Regan on his recent appointment to the Biden Administration, and will continue to build and strengthen the longstanding relationship we have with EPA," Helminiak said. SOCMA has worked closely with EPA on many of its programs and been a strong stakeholder in the implementation of the Toxic Substances Control Act (TSCA) program. SOCMA has also helped EPA in the development of many other programs over the years, including recent work on the Risk Management Program, the Clean Air Act Section 608 Refrigerant Management Program, and regulatory updates affecting stationary sources under Section 112 of the Clean Air Act. As Administrator Regan settles into his new role, SOCMA looks forward to collaborating with him and his team on environmental regulations that impact specialty chemical facilities across the United States. "As SOCMA celebrates 100 years of service to the specialty chemical industry in 2021, environmental safety is a foundational issue for our membership," Helminiak added."SOCMA particularly looks forward to partnering with Administrator Regan to improve the TSCA New Chemicals program, resolve longstanding issues with the Resource Conservation and Recovery Act (RCRA) Manufacturing Process Unit Exclusion and deliver trustworthy and straightforward insights on the regulations President Biden has already identified for review in his executive orders. Our joint efforts with EPA will help ensure that our nation can maintain its economic competitiveness while driving our industry toward continual improvement in environmental performance." About SOCMASOCMA is part of a $300 billion industry that is fueling the U.S. economy. Our members play an indispensable role in the global chemical supply chain, providing specialty chemicals and services to vital markets ranging from aerospace and electronics to pharmaceuticals and agriculture. For more information on this innovative organization, visit www.socma.org. SOURCE Society of Chemical Manufacturers & Affiliates Related Links https://www.socma.org Answer:

SOCMA Looks Forward to Continuing Important Work with Newly Appointed EPA Administrator Michael Regan

ARLINGTON, Va., March 11, 2021 /PRNewswire/ --With environmental safety a crucial focal point for the specialty chemical industry, the Society of Chemical Manufacturers & Affiliates(SOCMA) looks forward to continuing a robust dialogue and working with newly appointed Environmental Protection Agency (EPA) Administrator Michael Regan on key industry issues. SOCMA Vice President of Legal & Government Relations Robert F. Helminiak released the following statement about the appointment: "We congratulate Administrator Regan on his recent appointment to the Biden Administration, and will continue to build and strengthen the longstanding relationship we have with EPA," Helminiak said. SOCMA has worked closely with EPA on many of its programs and been a strong stakeholder in the implementation of the Toxic Substances Control Act (TSCA) program. SOCMA has also helped EPA in the development of many other programs over the years, including recent work on the Risk Management Program, the Clean Air Act Section 608 Refrigerant Management Program, and regulatory updates affecting stationary sources under Section 112 of the Clean Air Act. As Administrator Regan settles into his new role, SOCMA looks forward to collaborating with him and his team on environmental regulations that impact specialty chemical facilities across the United States. "As SOCMA celebrates 100 years of service to the specialty chemical industry in 2021, environmental safety is a foundational issue for our membership," Helminiak added."SOCMA particularly looks forward to partnering with Administrator Regan to improve the TSCA New Chemicals program, resolve longstanding issues with the Resource Conservation and Recovery Act (RCRA) Manufacturing Process Unit Exclusion and deliver trustworthy and straightforward insights on the regulations President Biden has already identified for review in his executive orders. Our joint efforts with EPA will help ensure that our nation can maintain its economic competitiveness while driving our industry toward continual improvement in environmental performance." About SOCMASOCMA is part of a $300 billion industry that is fueling the U.S. economy. Our members play an indispensable role in the global chemical supply chain, providing specialty chemicals and services to vital markets ranging from aerospace and electronics to pharmaceuticals and agriculture. For more information on this innovative organization, visit www.socma.org. SOURCE Society of Chemical Manufacturers & Affiliates Related Links https://www.socma.org

edtsum427

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: SANTA MONICA, Calif., Oct. 14, 2020 /PRNewswire/ --World-renowned producer, songwriter and multiplatinum recording artist ASHBA introduced his unique version of EDM to the world last summer with his debut single "Hypnotic." One of the rock industry's most technically brilliant guitarists who has creatively combined multiple genres with EDM into one unique, explosive sound, ASHBA continues forging his groundbreaking journey into an exciting new genre with his second single "Let's Dance," available herestarting Friday. Mixed and mastered by three-time Grammy nominee Luca Pretolesi of Studio DMI (Steve Aoki, Diplo, Lil Jon), the track features James Michael, co-founder and lead singer of the rock band Sixx:A.M., which he formed with Nikki Sixx (Mtley Cre) and ASHBA (Guns N' Roses/Sixx:A.M.).ASHBA hastwo live chats (October 14 and 15) leading up to the October 16 release of "Let's Dance,"and the video will premiere on October 23. World-renowned producer, songwriter and multiplatinum recording artist ASHBA introduced his unique version of EDM to the world last summer with his debut single Hypnotic. One of the rock industrys most technically brilliant guitarists who has creatively combined multiple genres with EDM into one unique, explosive sound, ASHBA continues forging his groundbreaking journey into an exciting new genre with his second single Lets Dance. "On 'Let's Dance,' my goal was to create the perfect blend of rock and EDM by laying down the foundation with an infectious hardcore dance beat, melodic guitars and toppingit off with one of the best vocalists in rock," said ASHBA. "Now the party moves from Las Vegas to Miami, and James Michael is right there with this understated bravado sure to surprise our rock fans and hopefully capture the attention of club-goers around the world. I want to bring them all together for an amazing celebration." Luca Pretolesi said, "ASHBA brings a new dynamic to dance music with his amazing live guitar element married with an electronic foundation that makes his sound incredibly unique." James Michael added, "To hear ASHBA's incredible guitar work surrounded by the electronics of EDM showcases not only his skills as an artist but as a producer and writer as well. I was thrilled when he invited me to be a feature on 'Let's Dance'!"As part of the "Let's Dance" premiere, ASHBA will have two Instagram live chats leading up to the release of "Let's Dance," which drops hereat 9:00 PM PDT October 15 / Midnight EDT on October 16:Today, Wednesday, October 14 - 6:00 PM PDTASHBA & LUCA PRETOLESIClick here to join the live chat: www.instagram.com/djashbaTomorrow, Thursday, October 15 - 8:00 PM PDTASHBA & JAMES MICHAELClick here to join the live chat: www.instagram.com/djashbaASHBA, signedto EDGEOUT Records/Universal Music Group/UMe, wrote and produced "Let's Dance." ASHBA's unwavering experimental vision and Pretolesi's skillful mixing touch results in a sound that adds yet another new dimension to EDM."ASHBA's unique version of EDM, immediately caught my attention. And now, the industry is calling his music the new sound coming out of Vegas," says Tony Guanci, EDGEOUT founder and label head.Stream or download "Let's Dance" feat. James Michael here:https://ASHBA.lnk.to/LetsDance Stream or download "Hypnotic" feat. Cali Tucker here: https://edgeoutrecords.lnk.to/ASHBAHypnoticSubscribe to ASHBA on YouTubeand watch the October 23 premiere of the "Let's Dance" video.ASHBA has brought together a formidable team for his project that includesGavin Maloof, founding partner Vegas Golden Knights/Vice-Chairman, Maloof Companies; and Tony Guanci, EDGEOUT founder and label head. Follow ASHBA on social media to get the latest updates:INSTAGRAM FACEBOOK TWITTER YOUTUBE WEBSITEABOUT ASHBAASHBA, a world-renowned producer, songwriter and multiplatinum recording artist, has co-written or co-produced numerous hits for legendary artists ranging from Neil Diamond to Mtley Cre. As a member of such notable bands including Beautiful Creatures, Sixx:A.M., and Guns N' Roses, he has captivated audiences for decades. With multiple chart-topping hits and millions of screaming fans around the world, ASHBA continues to push new boundaries with his music.As the founder and CEO of ASHBA Enterprises, ASHBA draws upon his executive and entrepreneurial skills to run his many companies. He utilizes his longtime experience and expertise from years of developing his own brand in entertainment, multimedia, touring, and merchandise. Through ASHBA Media, a design and creative agency, he advises clients including Cirque de Soleil, hotel, hospitality, and entertainment industries to create state-of-the-art custom props, themed environments for events and exhibits around the world.ASHBA considers Las Vegas his home and has been a resident for nearly 10 years. His business and operations are all headquartered in Las Vegas.SOURCE EDGEOUT Records/UMe Answer:

ASHBA Drops "Let's Dance" Feat. James Michael On October 16; Follow-Up To "Hypnotic" Sets EDM Ablaze With Soaring Rock Guitars And Stellar Vocals

SANTA MONICA, Calif., Oct. 14, 2020 /PRNewswire/ --World-renowned producer, songwriter and multiplatinum recording artist ASHBA introduced his unique version of EDM to the world last summer with his debut single "Hypnotic." One of the rock industry's most technically brilliant guitarists who has creatively combined multiple genres with EDM into one unique, explosive sound, ASHBA continues forging his groundbreaking journey into an exciting new genre with his second single "Let's Dance," available herestarting Friday. Mixed and mastered by three-time Grammy nominee Luca Pretolesi of Studio DMI (Steve Aoki, Diplo, Lil Jon), the track features James Michael, co-founder and lead singer of the rock band Sixx:A.M., which he formed with Nikki Sixx (Mtley Cre) and ASHBA (Guns N' Roses/Sixx:A.M.).ASHBA hastwo live chats (October 14 and 15) leading up to the October 16 release of "Let's Dance,"and the video will premiere on October 23. World-renowned producer, songwriter and multiplatinum recording artist ASHBA introduced his unique version of EDM to the world last summer with his debut single Hypnotic. One of the rock industrys most technically brilliant guitarists who has creatively combined multiple genres with EDM into one unique, explosive sound, ASHBA continues forging his groundbreaking journey into an exciting new genre with his second single Lets Dance. "On 'Let's Dance,' my goal was to create the perfect blend of rock and EDM by laying down the foundation with an infectious hardcore dance beat, melodic guitars and toppingit off with one of the best vocalists in rock," said ASHBA. "Now the party moves from Las Vegas to Miami, and James Michael is right there with this understated bravado sure to surprise our rock fans and hopefully capture the attention of club-goers around the world. I want to bring them all together for an amazing celebration." Luca Pretolesi said, "ASHBA brings a new dynamic to dance music with his amazing live guitar element married with an electronic foundation that makes his sound incredibly unique." James Michael added, "To hear ASHBA's incredible guitar work surrounded by the electronics of EDM showcases not only his skills as an artist but as a producer and writer as well. I was thrilled when he invited me to be a feature on 'Let's Dance'!"As part of the "Let's Dance" premiere, ASHBA will have two Instagram live chats leading up to the release of "Let's Dance," which drops hereat 9:00 PM PDT October 15 / Midnight EDT on October 16:Today, Wednesday, October 14 - 6:00 PM PDTASHBA & LUCA PRETOLESIClick here to join the live chat: www.instagram.com/djashbaTomorrow, Thursday, October 15 - 8:00 PM PDTASHBA & JAMES MICHAELClick here to join the live chat: www.instagram.com/djashbaASHBA, signedto EDGEOUT Records/Universal Music Group/UMe, wrote and produced "Let's Dance." ASHBA's unwavering experimental vision and Pretolesi's skillful mixing touch results in a sound that adds yet another new dimension to EDM."ASHBA's unique version of EDM, immediately caught my attention. And now, the industry is calling his music the new sound coming out of Vegas," says Tony Guanci, EDGEOUT founder and label head.Stream or download "Let's Dance" feat. James Michael here:https://ASHBA.lnk.to/LetsDance Stream or download "Hypnotic" feat. Cali Tucker here: https://edgeoutrecords.lnk.to/ASHBAHypnoticSubscribe to ASHBA on YouTubeand watch the October 23 premiere of the "Let's Dance" video.ASHBA has brought together a formidable team for his project that includesGavin Maloof, founding partner Vegas Golden Knights/Vice-Chairman, Maloof Companies; and Tony Guanci, EDGEOUT founder and label head. Follow ASHBA on social media to get the latest updates:INSTAGRAM FACEBOOK TWITTER YOUTUBE WEBSITEABOUT ASHBAASHBA, a world-renowned producer, songwriter and multiplatinum recording artist, has co-written or co-produced numerous hits for legendary artists ranging from Neil Diamond to Mtley Cre. As a member of such notable bands including Beautiful Creatures, Sixx:A.M., and Guns N' Roses, he has captivated audiences for decades. With multiple chart-topping hits and millions of screaming fans around the world, ASHBA continues to push new boundaries with his music.As the founder and CEO of ASHBA Enterprises, ASHBA draws upon his executive and entrepreneurial skills to run his many companies. He utilizes his longtime experience and expertise from years of developing his own brand in entertainment, multimedia, touring, and merchandise. Through ASHBA Media, a design and creative agency, he advises clients including Cirque de Soleil, hotel, hospitality, and entertainment industries to create state-of-the-art custom props, themed environments for events and exhibits around the world.ASHBA considers Las Vegas his home and has been a resident for nearly 10 years. His business and operations are all headquartered in Las Vegas.SOURCE EDGEOUT Records/UMe

edtsum428

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: SALT LAKE CITY, Oct. 7, 2020 /PRNewswire/ --They say superpowers only exist in comic books and movies, but that's not the case anymore for mortgage lenders.That's not to say that lenders can now leap tall buildings in a single bound, but thanks to groundbreaking technology, lenders can now have X-ray vision with the click of a button. Finding Top Loan Originators Just Got Easier! Until now, the most valuable information to lenders and their loan officers was trapped in an unmanageable labyrinth of systems, various software applications, and outdated technology. But those days are over. Meet Mobility Market Intelligence, the technology solution to end all others.Mobility MI gives lenders and their loan officers the ability to see straight through the clutter and noise of market information and supercharge their business in ways never seen before.Mobility MI, created by Mobility Market Intelligence, provides lenders a truly unprecedented amount of market information right at their fingertips. Mobility MI marries comprehensive real estate production data with robust mortgage data on properties in the vast majority of the country, providing lenders with groundbreaking data they've never been able to access before.For decades, lenders have been flying blind when it comes to figuring out which real estate agents are doing the most business. Is that agent a part-timer or the next star of Million Dollar Listing? Now, the lender can know, instantly.Mobility MI users can easily and instantly see details about lenders, loan officers, real estate agents, or even individual transactions from every angle.Mobility MI brings all the market intelligence an LO could ever need into one easy-to-use dashboard. And it's mobile friendly! Best of all, it costs a mere fraction of what other programs cost.Here's just a sample of the amazing features Mobility MI offers lenders: Market Intelligence Easily access real estate agent and lender production data on a national, state, county, or local level Agent Wallet Share Breaks down transaction data by lender, branch, and/or loan officers, showing which real estate agents they get business from and where those real estate agents' other business is going Property Monitor Keep tabs on past clients and notifies LO if client lists their home for sale CRM Push Pushes potential real estate agent partners or LO recruits found using Mobility MI into CRM of choice to start contact campaigns With Mobility MI, you can see the sales data on every real estate agent in your area with just a few clicks. Do you want to know which lender each agent is working with? Want to be notified when a real estate agent gets a new listing? Want to know the top real estate agent in your county? Want an alert when a client lists their house for sale? Want to see every real estate brokerage in a particular area and their volume and all their agents and all their agents' sales data? All from your phone?Done. With Mobility MI.Mobility MI doesn't just arm lenders with more real estate information than they've ever had before. It also helps lenders recruit their next rock star LO. With Mobility MI, lenders see details about a loan officer, the company they work for, and which real estate transactions they closed with which real estate agent. That allows lenders to target the right LO's based on their loan volume, loan types, areas and their real estate agent and/or builder relationships.Mobility MI is already in use by many of the nation's top lenders. "Mobility MI gives lenders power like they've never had before," said New American Funding CEO Rick Arvielo, whose company is using Mobility MI to boost its business. "There is so much information about who is doing what business with whom in both real estate and lending. It allows you to get forensic with both your recruiting for new LOs and for the LOs themselves when it comes to targeting the most appropriate real estate partners."Mobility MI really is the one real estate software solution to rule them all. For more information or to schedule a demo, visit MobilityMI.com.About Mobility Market IntelligenceMobility Market Intelligence is a market leader in real estate technology. Headquartered in Salt Lake City, the company's signature product, Mobility MI, provides mountains of actionable intelligence for lenders, real estate agents, title companies, and others in the real estate industry. Mobility MI is currently used by nearly 200 lenders, including 17 of the top 25 independent mortgage bankers in the country.SOURCE MMI Related Links https://mobilitymi.com/ Answer:

The Age of Superpowered Mortgage Lenders Begins Now Mobility MI Arms Lenders with Unprecedented Information

SALT LAKE CITY, Oct. 7, 2020 /PRNewswire/ --They say superpowers only exist in comic books and movies, but that's not the case anymore for mortgage lenders.That's not to say that lenders can now leap tall buildings in a single bound, but thanks to groundbreaking technology, lenders can now have X-ray vision with the click of a button. Finding Top Loan Originators Just Got Easier! Until now, the most valuable information to lenders and their loan officers was trapped in an unmanageable labyrinth of systems, various software applications, and outdated technology. But those days are over. Meet Mobility Market Intelligence, the technology solution to end all others.Mobility MI gives lenders and their loan officers the ability to see straight through the clutter and noise of market information and supercharge their business in ways never seen before.Mobility MI, created by Mobility Market Intelligence, provides lenders a truly unprecedented amount of market information right at their fingertips. Mobility MI marries comprehensive real estate production data with robust mortgage data on properties in the vast majority of the country, providing lenders with groundbreaking data they've never been able to access before.For decades, lenders have been flying blind when it comes to figuring out which real estate agents are doing the most business. Is that agent a part-timer or the next star of Million Dollar Listing? Now, the lender can know, instantly.Mobility MI users can easily and instantly see details about lenders, loan officers, real estate agents, or even individual transactions from every angle.Mobility MI brings all the market intelligence an LO could ever need into one easy-to-use dashboard. And it's mobile friendly! Best of all, it costs a mere fraction of what other programs cost.Here's just a sample of the amazing features Mobility MI offers lenders: Market Intelligence Easily access real estate agent and lender production data on a national, state, county, or local level Agent Wallet Share Breaks down transaction data by lender, branch, and/or loan officers, showing which real estate agents they get business from and where those real estate agents' other business is going Property Monitor Keep tabs on past clients and notifies LO if client lists their home for sale CRM Push Pushes potential real estate agent partners or LO recruits found using Mobility MI into CRM of choice to start contact campaigns With Mobility MI, you can see the sales data on every real estate agent in your area with just a few clicks. Do you want to know which lender each agent is working with? Want to be notified when a real estate agent gets a new listing? Want to know the top real estate agent in your county? Want an alert when a client lists their house for sale? Want to see every real estate brokerage in a particular area and their volume and all their agents and all their agents' sales data? All from your phone?Done. With Mobility MI.Mobility MI doesn't just arm lenders with more real estate information than they've ever had before. It also helps lenders recruit their next rock star LO. With Mobility MI, lenders see details about a loan officer, the company they work for, and which real estate transactions they closed with which real estate agent. That allows lenders to target the right LO's based on their loan volume, loan types, areas and their real estate agent and/or builder relationships.Mobility MI is already in use by many of the nation's top lenders. "Mobility MI gives lenders power like they've never had before," said New American Funding CEO Rick Arvielo, whose company is using Mobility MI to boost its business. "There is so much information about who is doing what business with whom in both real estate and lending. It allows you to get forensic with both your recruiting for new LOs and for the LOs themselves when it comes to targeting the most appropriate real estate partners."Mobility MI really is the one real estate software solution to rule them all. For more information or to schedule a demo, visit MobilityMI.com.About Mobility Market IntelligenceMobility Market Intelligence is a market leader in real estate technology. Headquartered in Salt Lake City, the company's signature product, Mobility MI, provides mountains of actionable intelligence for lenders, real estate agents, title companies, and others in the real estate industry. Mobility MI is currently used by nearly 200 lenders, including 17 of the top 25 independent mortgage bankers in the country.SOURCE MMI Related Links https://mobilitymi.com/

edtsum429

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. 8, 2021 /PRNewswire/ --Elsevier,a global leader in research publishing and information analytics, is working with the State of California Emergency Medical Services (EMS) Authorityto provide COVID-19 online training to nurses in the state. The two-day online curriculum by Elsevier, created in collaboration with the American Association of Critical Care Nurses (AACN), is designed to help registered nurses enhance their clinical reasoning skills and knowledge by utilizing the latest evidence-based practices and data on the novel coronavirus. Registered nurses in California can learn more about this continuing education training option and how to register by visiting the EMS Authority's website. A woman has her temperature checked by an attending nurse at a hospital. Elsevier, in partnership with the State of California Emergency Medical Services Authority is providing a COVID-19 online learning center for nurses. (PRNewsfoto/Elsevier) John Danaher, MD, President, Clinical Solutions, Elsevier, said: "We are honored to work with the State of California Emergency Medical Services Authority and AACN to deliver this important COVID-19 online training for nurses. Every day, we are working to support our healthcare workers in addressing this public health crisis by providing the clinical tools and trusted information they need to care for patients." In the Fall of 2020, Elsevier launched its COVID-19 Healthcare Hub, which provides free access to toolkits, expert insights, research resources and COVID-19 guidelines. The Hub's resources include evidence-based clinical overviews, drug monographs, care plans, order sets, and procedure videos for clinicians delivering care and information to patients. Clinicians will also find the latest information and guidelines from government health agencies, medical societies and public health organizations for diagnosis, testing and treatment of COVID-19 patients. About ElsevierAs a global leader in information and analytics,Elsevierhelps researchers and healthcare professionals advance science and improve health outcomes for the benefit of society. We do this by facilitating insights and critical decision-making for customers across the global research and health ecosystems.In everything we publish, we uphold the highest standards of quality and integrity. We bring that same rigor to our information analytics solutions for researchers, health professionals, institutions and funders.Elsevier employs 8,100 people worldwide.We have supported the work of our research and health partners for more than 140 years.Growing from our roots in publishing, we offer knowledge and valuable analytics that help our users make breakthroughs and drive societal progress. Digital solutions such asScienceDirect,Scopus,SciVal,ClinicalKeyandSherpathsupport strategicresearch management,R&D performance,clinical decision support,andhealth education. Researchers and healthcare professionals rely on our 2,500+ digitized journals, includingThe LancetandCell; our40,000 eBook titles; and our iconic reference works, such asGray's Anatomy. With theElsevier Foundationand our externalInclusion & Diversity Advisory Board, we work in partnership with diverse stakeholders to advanceinclusion and diversityin science, research and healthcare in developing countries and around the world.Elsevier is part ofRELX, a global provider of information-based analytics and decision tools for professional and business customers.www.elsevier.comMedia contactTeresa Mueller, Vice President Health MarketsElsevier Communications, US[emailprotected]Photo: https://mma.prnewswire.com/media/1434663/Elsevier_COVID_19.jpg Logo: https://mma.prnewswire.com/media/754760/Elsevier_Logo.jpg SOURCE Elsevier Answer:

Elsevier provides COVID-19 online learning for nurses in California

PHILADELPHIA, Feb. 8, 2021 /PRNewswire/ --Elsevier,a global leader in research publishing and information analytics, is working with the State of California Emergency Medical Services (EMS) Authorityto provide COVID-19 online training to nurses in the state. The two-day online curriculum by Elsevier, created in collaboration with the American Association of Critical Care Nurses (AACN), is designed to help registered nurses enhance their clinical reasoning skills and knowledge by utilizing the latest evidence-based practices and data on the novel coronavirus. Registered nurses in California can learn more about this continuing education training option and how to register by visiting the EMS Authority's website. A woman has her temperature checked by an attending nurse at a hospital. Elsevier, in partnership with the State of California Emergency Medical Services Authority is providing a COVID-19 online learning center for nurses. (PRNewsfoto/Elsevier) John Danaher, MD, President, Clinical Solutions, Elsevier, said: "We are honored to work with the State of California Emergency Medical Services Authority and AACN to deliver this important COVID-19 online training for nurses. Every day, we are working to support our healthcare workers in addressing this public health crisis by providing the clinical tools and trusted information they need to care for patients." In the Fall of 2020, Elsevier launched its COVID-19 Healthcare Hub, which provides free access to toolkits, expert insights, research resources and COVID-19 guidelines. The Hub's resources include evidence-based clinical overviews, drug monographs, care plans, order sets, and procedure videos for clinicians delivering care and information to patients. Clinicians will also find the latest information and guidelines from government health agencies, medical societies and public health organizations for diagnosis, testing and treatment of COVID-19 patients. About ElsevierAs a global leader in information and analytics,Elsevierhelps researchers and healthcare professionals advance science and improve health outcomes for the benefit of society. We do this by facilitating insights and critical decision-making for customers across the global research and health ecosystems.In everything we publish, we uphold the highest standards of quality and integrity. We bring that same rigor to our information analytics solutions for researchers, health professionals, institutions and funders.Elsevier employs 8,100 people worldwide.We have supported the work of our research and health partners for more than 140 years.Growing from our roots in publishing, we offer knowledge and valuable analytics that help our users make breakthroughs and drive societal progress. Digital solutions such asScienceDirect,Scopus,SciVal,ClinicalKeyandSherpathsupport strategicresearch management,R&D performance,clinical decision support,andhealth education. Researchers and healthcare professionals rely on our 2,500+ digitized journals, includingThe LancetandCell; our40,000 eBook titles; and our iconic reference works, such asGray's Anatomy. With theElsevier Foundationand our externalInclusion & Diversity Advisory Board, we work in partnership with diverse stakeholders to advanceinclusion and diversityin science, research and healthcare in developing countries and around the world.Elsevier is part ofRELX, a global provider of information-based analytics and decision tools for professional and business customers.www.elsevier.comMedia contactTeresa Mueller, Vice President Health MarketsElsevier Communications, US[emailprotected]Photo: https://mma.prnewswire.com/media/1434663/Elsevier_COVID_19.jpg Logo: https://mma.prnewswire.com/media/754760/Elsevier_Logo.jpg SOURCE Elsevier

edtsum430

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. 12, 2020 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for NAVB, CLSK, ARPO, HTZ, and DIS. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. NAVB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NAVB&prnumber=081220200 CLSK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CLSK&prnumber=081220200 ARPO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ARPO&prnumber=081220200 HTZ: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=HTZ&prnumber=081220200 DIS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=DIS&prnumber=081220200 (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 Navidea Biopharmaceuticals, CleanSpark Inc, Aerpio Pharmaceuticals, Hertz Global Holdings, or Walt Disney?

NEW YORK, Aug. 12, 2020 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for NAVB, CLSK, ARPO, HTZ, and DIS. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. NAVB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NAVB&prnumber=081220200 CLSK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CLSK&prnumber=081220200 ARPO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ARPO&prnumber=081220200 HTZ: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=HTZ&prnumber=081220200 DIS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=DIS&prnumber=081220200 (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

edtsum431

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: ORMOND BEACH, Fla., March 2, 2021 /PRNewswire/ -- Richard B. "Rick" Orfingerretiredafter 20 years as ajudge on the Fifth District Court of Appealat the end of January and early the nextmonth embarked onhis career as a full-time neutralwith Upchurch Watson White & Max Mediation Group.The Daytona Beach native did not miss a beat asmediations and arbitrations began to be set. Continue Reading Rick Orfinger has a long history in the judiciary. Altogether, Orfingerspent30 years in thejudiciary. He was a circuit judge for the Seventh Judicial Circuit of Florida from 1991 to 2000 and served as the circuit's chief judge from 1996 to 1999. In 2000, Gov. Jeb Bush appointed himto the appeals court, where he served until the end of January 2021. As the court's chief judge from 2011 to 2013, he was instrumental in the court's transition to a paperless environment. Earlier, he had organized the Seventh Circuit's Committee on Professionalism and served on the Florida Supreme Court's Commission on Professionalism and The Florida Bar's Professionalism Committee. While on the appeals court, Orfinger authored hundreds of opinions on numerous legal topics. "We are delighted to welcome Richard Orfinger, a distinguished newly retired appellate judge, to our firm," UWWM President and CEO John Upchurch said. "Our clients will be well servedthrough his incisive intellect and natural warmth, coupled with his ability to translate complex concepts effectively, so well documented by his landmark decisions as published over the past 20 years." At the end of January, Orfingertold his local newspaper, "Like all human beings, judges come to the bench with their own life experiences and biases. But we must be intellectually honest, recognize our own biases and, to the extent possible, put them aside ..." He will bring this same spirit of neutrality to his work as a mediator and arbitrator.Orfingeralso understands the work of an advocate. Before he took the bench, he was a shareholder in the Daytona Beach firm of Monaco, Smith, Hood, Perkins, Orfinger andStout, P.A. from 1990 to 1991 and a shareholder in Orfinger and Stout, P.A. from 1979 to 1990. His public service began with working as an assistant state attorney in the Seventh Judicial Circuit from 1976 to 1978. Before that, he received his undergraduate degree from Tulane University in New Orleans and his law degree(with honors) from theUniversity of Florida College of Law.He still lives in Daytona Beach withhis wife of 35 years, Ellen. They have an adult daughter and son and two grandchildren.To schedule a mediation or arbitration with Orfinger, contact case manager Dawn Smith at [emailprotected] or 386-253-1560.Media Contact:Catherine Klasne(386) 253-1560[emailprotected] Related Imagesmediator-arbitrator-richard-o-rick.jpg Mediator/Arbitrator Richard O. "Rick" Orfinger Rick Orfinger has a long history in the judiciary. SOURCE Upchurch Watson White & Max Mediation Group Answer:

Retired Judge Richard B. 'Rick' Orfinger Joins Upchurch Watson White & Max Mediations being scheduled for this month

ORMOND BEACH, Fla., March 2, 2021 /PRNewswire/ -- Richard B. "Rick" Orfingerretiredafter 20 years as ajudge on the Fifth District Court of Appealat the end of January and early the nextmonth embarked onhis career as a full-time neutralwith Upchurch Watson White & Max Mediation Group.The Daytona Beach native did not miss a beat asmediations and arbitrations began to be set. Continue Reading Rick Orfinger has a long history in the judiciary. Altogether, Orfingerspent30 years in thejudiciary. He was a circuit judge for the Seventh Judicial Circuit of Florida from 1991 to 2000 and served as the circuit's chief judge from 1996 to 1999. In 2000, Gov. Jeb Bush appointed himto the appeals court, where he served until the end of January 2021. As the court's chief judge from 2011 to 2013, he was instrumental in the court's transition to a paperless environment. Earlier, he had organized the Seventh Circuit's Committee on Professionalism and served on the Florida Supreme Court's Commission on Professionalism and The Florida Bar's Professionalism Committee. While on the appeals court, Orfinger authored hundreds of opinions on numerous legal topics. "We are delighted to welcome Richard Orfinger, a distinguished newly retired appellate judge, to our firm," UWWM President and CEO John Upchurch said. "Our clients will be well servedthrough his incisive intellect and natural warmth, coupled with his ability to translate complex concepts effectively, so well documented by his landmark decisions as published over the past 20 years." At the end of January, Orfingertold his local newspaper, "Like all human beings, judges come to the bench with their own life experiences and biases. But we must be intellectually honest, recognize our own biases and, to the extent possible, put them aside ..." He will bring this same spirit of neutrality to his work as a mediator and arbitrator.Orfingeralso understands the work of an advocate. Before he took the bench, he was a shareholder in the Daytona Beach firm of Monaco, Smith, Hood, Perkins, Orfinger andStout, P.A. from 1990 to 1991 and a shareholder in Orfinger and Stout, P.A. from 1979 to 1990. His public service began with working as an assistant state attorney in the Seventh Judicial Circuit from 1976 to 1978. Before that, he received his undergraduate degree from Tulane University in New Orleans and his law degree(with honors) from theUniversity of Florida College of Law.He still lives in Daytona Beach withhis wife of 35 years, Ellen. They have an adult daughter and son and two grandchildren.To schedule a mediation or arbitration with Orfinger, contact case manager Dawn Smith at [emailprotected] or 386-253-1560.Media Contact:Catherine Klasne(386) 253-1560[emailprotected] Related Imagesmediator-arbitrator-richard-o-rick.jpg Mediator/Arbitrator Richard O. "Rick" Orfinger Rick Orfinger has a long history in the judiciary. SOURCE Upchurch Watson White & Max Mediation Group

edtsum432

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: CASA GRANDE, Ariz. & VANCOUVER, British Columbia--(BUSINESS WIRE)--Elim Mining Incorporated (Elim or the Company), a private copper exploration and development company, is pleased to announce the closing of the first tranche of a non-brokered private placement of common shares of the Company ("Common Shares") for aggregate gross proceeds of $3,811,620.60 (the "Offering"). Under the Offering, the Company issued a total of 12,705,402 Common Shares at a price of $0.30 per Common Share. A second tranche consisting of shares subscribed by a technical consortium (the Consortium) comprised of Samuel Engineering and Q&D is expected to close in January 2021. The Company has agreed with the Consortium that $1,900,000 of the fees payable for certain services on the stockpile project will be satisfied by issuing Common Shares (6,333,333) at the deemed price of $0.30 per Common Share. The Companys largest shareholders, Tembo Capital and RCF, have the right to participate in the offering up to the amount required to maintain their respective shareholdings. The Company intends to use the proceeds of the Offering to advance the resource development drilling at the Cactus Mine and Parks/Salyer properties, additional technical studies of the Stockpile Project, land acquisitions, and general working capital. John Antwi, President and Chief Executive Officer commented, The new inflow of capital supports the Companys overall site development strategy. In particular, the participation of the Consortium is a strong indicator of their confidence in the Stockpile project. Activities will feed into a Preliminary Economic Assessment on the Cactus West and Cactus East deposits, expected in Q2 2021. The Consortium of technical industry professionals will provide the additional input to continue fine-tuning the economics of the Stockpile Project with drilling and metallurgical testing. Having our trusted consultants manage the advancement of the Stockpile allows Elim to remain laser-focused on the advancement of the larger in-ground copper porphyry resources. We look forward to optimizing the multiple potential mining, processing and personnel synergies between the Stockpile Project and Cactus Mine. Pursuant to their subscription, Elim will grant the Consortium, the right of first offer to bid for certain future services related to the Stockpile. All Common Shares issued under the Offering will be subject to a hold period expiring four-months plus one day following the date that the Company becomes a reporting issuer in any province or territory of Canada. The Common Shares issued under the Offering have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any state or other applicable jurisdictions securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Elim Mining Incorporated (www.elimmining.com | www.cactusmine.com) Elim Mining Incorporated is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in Arizona. The Company is initially focused on resource development of the Cactus Mine, which is a re-start of the former Sacaton mine that was operated by ASARCO through 1984. Concurrently, the Company is exploring the geologic district, including the Parks/Salyer Property. Based on the current land position, the Company has exposure to a porphyry copper system. The Company is managed by mining executives with an aggregate of over 210 years experience in mine operations and business. With a history and reputation for strategically launching, revitalizing, and leading multi-million-dollar mining organizations, the team has achieved tremendous growth and value for investors in a socially and environmentally responsible manner. Forward-Looking Statements Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Elim to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory or shareholder approvals. Although Elim has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Elim disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Answer:

Elim Mining Completes $3.8 Million Equity Financing

CASA GRANDE, Ariz. & VANCOUVER, British Columbia--(BUSINESS WIRE)--Elim Mining Incorporated (Elim or the Company), a private copper exploration and development company, is pleased to announce the closing of the first tranche of a non-brokered private placement of common shares of the Company ("Common Shares") for aggregate gross proceeds of $3,811,620.60 (the "Offering"). Under the Offering, the Company issued a total of 12,705,402 Common Shares at a price of $0.30 per Common Share. A second tranche consisting of shares subscribed by a technical consortium (the Consortium) comprised of Samuel Engineering and Q&D is expected to close in January 2021. The Company has agreed with the Consortium that $1,900,000 of the fees payable for certain services on the stockpile project will be satisfied by issuing Common Shares (6,333,333) at the deemed price of $0.30 per Common Share. The Companys largest shareholders, Tembo Capital and RCF, have the right to participate in the offering up to the amount required to maintain their respective shareholdings. The Company intends to use the proceeds of the Offering to advance the resource development drilling at the Cactus Mine and Parks/Salyer properties, additional technical studies of the Stockpile Project, land acquisitions, and general working capital. John Antwi, President and Chief Executive Officer commented, The new inflow of capital supports the Companys overall site development strategy. In particular, the participation of the Consortium is a strong indicator of their confidence in the Stockpile project. Activities will feed into a Preliminary Economic Assessment on the Cactus West and Cactus East deposits, expected in Q2 2021. The Consortium of technical industry professionals will provide the additional input to continue fine-tuning the economics of the Stockpile Project with drilling and metallurgical testing. Having our trusted consultants manage the advancement of the Stockpile allows Elim to remain laser-focused on the advancement of the larger in-ground copper porphyry resources. We look forward to optimizing the multiple potential mining, processing and personnel synergies between the Stockpile Project and Cactus Mine. Pursuant to their subscription, Elim will grant the Consortium, the right of first offer to bid for certain future services related to the Stockpile. All Common Shares issued under the Offering will be subject to a hold period expiring four-months plus one day following the date that the Company becomes a reporting issuer in any province or territory of Canada. The Common Shares issued under the Offering have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any state or other applicable jurisdictions securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Elim Mining Incorporated (www.elimmining.com | www.cactusmine.com) Elim Mining Incorporated is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in Arizona. The Company is initially focused on resource development of the Cactus Mine, which is a re-start of the former Sacaton mine that was operated by ASARCO through 1984. Concurrently, the Company is exploring the geologic district, including the Parks/Salyer Property. Based on the current land position, the Company has exposure to a porphyry copper system. The Company is managed by mining executives with an aggregate of over 210 years experience in mine operations and business. With a history and reputation for strategically launching, revitalizing, and leading multi-million-dollar mining organizations, the team has achieved tremendous growth and value for investors in a socially and environmentally responsible manner. Forward-Looking Statements Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Elim to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory or shareholder approvals. Although Elim has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Elim disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

edtsum433

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, April 20, 2020 /PRNewswire/ -- True Value Company today announced that current Chief Commercial Officer, Chris Kempa, has been promoted to Chief Executive Officer and the current Chief Financial Officer, Deb O'Connor will become President and CFO. John Hartmann, who has served as Chief Executive Officer since 2013, will transition his responsibilities in May and remain a Director on the Company's Board. "I am very proud of the organizational depth which allows True Value to promote two capable executives from within," said Hartmann. "As I shared last Fall when he joined the Company, Chris Kempa brings a wealth of highly relevant experience thanks to his successful, two-decade career at Grainger and the impressive growth he achieved at ORS Medco. Similarly, Deb O'Connor has been my trusted CFO for five years now and knows True Value intimately. Together, I am confident that they are going to lead True Value effectively and continue to develop it into the independent hardware retailers' most reliable and highest value-added supplier." "It has been my highest honor to serve the independent hardware retailer alongside the greatest support associates in the industry," added Hartmann. "I am proud of the relationships we have built and nurtured with our members, customers, and vendor partners. I am equally proud of the relationship we have built with our financial partner, ACON Investments, which has allowed True Value to become the only branded, national wholesaler without a membership requirement, enabling retailers to invest their hard-earned money back into their business. Over the last two years, we've accelerated investments in the business, including the modernization of our supply chain, doubling the size of our sales force, implementing hyper-localized marketing and improving pricing across the best product assortment in the industry. There is still tremendous opportunity to be captured as we continue to find new ways to better serve the independent hardware retailers which anchor America's communities. I am confident that Chris and Deb are extraordinarily qualified to accomplish this, and I am thrilled to continue serving as a member of the Board to support them in those efforts." "I'd like to extend our sincerest appreciation to John," said Aron Schwartz, Chairman of the True Value Company Board of Managers. "Over the last seven years, John's leadership has shaped the Company, including the last two with us, where he was the visionary behind the transaction unlocking over $250 million of retailers' equity. He was the leading advocate of investments the Company has made in supply chain, technology, as well as a number of merchandising and marketing initiatives, to better serve True Value's customers. As the Company moves into this next phase of growth, we have a deep leadership bench, with Chris and Deb at the helm, to continue the important investments being made to support the growth and profitability of our retailers," said Schwartz. "Chris has a long track record of successfully leading businesses in this channel and has rapidly implemented and executed an integrated merchandising, sales and pricing go-to-market strategy at True Value. Deb has been with the Company for five years and has been an instrumental leader in transforming the business and accelerating investments to further support all independent hardware retailers." Prior to joining True Value, Kempa had 25 years of experience in the distribution sector, most recently serving as Chief Executive Officer and Group President of ORS Medco, and previously as an officer at Grainger with responsibility for its international business. O'Connor came to True Value with a wealth of retail experience having worked in various finance roles over the last 25 years. She spent seven years at OfficeMax, where she was the senior vice president of integration and finance playing a critical role in the OfficeMax/Office Depot merger. About True Value CompanyTrue Value Company, headquartered in Chicago, is one of the world's leading hardlines wholesalers with a globally recognized brand and over 70 years of experience serving independent hardware retailers. True Value Company provides its customers in over 60 countries an expansive product set with market-customized assortments at highly competitive prices, superior product availability, innovative marketing programs and a la carte value-added services like eCommerce ship-to-store, store remodel support and True Value University, all within a flexible model that requires no membership. With 13 regional distribution centers, and approximately 2,500 associates serving over 4,500 stores, True Value Company celebrates independence and drives retail excellence across the U.S. and internationally. Learn more at www.TrueValueCompany.com. Media Contact:Jean Niemi, Vice President, Communications [emailprotected]C: 678-386-2902 SOURCE True Value Company Related Links www.truevaluecompany.com Answer:

True Value Company Announces CEO Transition

CHICAGO, April 20, 2020 /PRNewswire/ -- True Value Company today announced that current Chief Commercial Officer, Chris Kempa, has been promoted to Chief Executive Officer and the current Chief Financial Officer, Deb O'Connor will become President and CFO. John Hartmann, who has served as Chief Executive Officer since 2013, will transition his responsibilities in May and remain a Director on the Company's Board. "I am very proud of the organizational depth which allows True Value to promote two capable executives from within," said Hartmann. "As I shared last Fall when he joined the Company, Chris Kempa brings a wealth of highly relevant experience thanks to his successful, two-decade career at Grainger and the impressive growth he achieved at ORS Medco. Similarly, Deb O'Connor has been my trusted CFO for five years now and knows True Value intimately. Together, I am confident that they are going to lead True Value effectively and continue to develop it into the independent hardware retailers' most reliable and highest value-added supplier." "It has been my highest honor to serve the independent hardware retailer alongside the greatest support associates in the industry," added Hartmann. "I am proud of the relationships we have built and nurtured with our members, customers, and vendor partners. I am equally proud of the relationship we have built with our financial partner, ACON Investments, which has allowed True Value to become the only branded, national wholesaler without a membership requirement, enabling retailers to invest their hard-earned money back into their business. Over the last two years, we've accelerated investments in the business, including the modernization of our supply chain, doubling the size of our sales force, implementing hyper-localized marketing and improving pricing across the best product assortment in the industry. There is still tremendous opportunity to be captured as we continue to find new ways to better serve the independent hardware retailers which anchor America's communities. I am confident that Chris and Deb are extraordinarily qualified to accomplish this, and I am thrilled to continue serving as a member of the Board to support them in those efforts." "I'd like to extend our sincerest appreciation to John," said Aron Schwartz, Chairman of the True Value Company Board of Managers. "Over the last seven years, John's leadership has shaped the Company, including the last two with us, where he was the visionary behind the transaction unlocking over $250 million of retailers' equity. He was the leading advocate of investments the Company has made in supply chain, technology, as well as a number of merchandising and marketing initiatives, to better serve True Value's customers. As the Company moves into this next phase of growth, we have a deep leadership bench, with Chris and Deb at the helm, to continue the important investments being made to support the growth and profitability of our retailers," said Schwartz. "Chris has a long track record of successfully leading businesses in this channel and has rapidly implemented and executed an integrated merchandising, sales and pricing go-to-market strategy at True Value. Deb has been with the Company for five years and has been an instrumental leader in transforming the business and accelerating investments to further support all independent hardware retailers." Prior to joining True Value, Kempa had 25 years of experience in the distribution sector, most recently serving as Chief Executive Officer and Group President of ORS Medco, and previously as an officer at Grainger with responsibility for its international business. O'Connor came to True Value with a wealth of retail experience having worked in various finance roles over the last 25 years. She spent seven years at OfficeMax, where she was the senior vice president of integration and finance playing a critical role in the OfficeMax/Office Depot merger. About True Value CompanyTrue Value Company, headquartered in Chicago, is one of the world's leading hardlines wholesalers with a globally recognized brand and over 70 years of experience serving independent hardware retailers. True Value Company provides its customers in over 60 countries an expansive product set with market-customized assortments at highly competitive prices, superior product availability, innovative marketing programs and a la carte value-added services like eCommerce ship-to-store, store remodel support and True Value University, all within a flexible model that requires no membership. With 13 regional distribution centers, and approximately 2,500 associates serving over 4,500 stores, True Value Company celebrates independence and drives retail excellence across the U.S. and internationally. Learn more at www.TrueValueCompany.com. Media Contact:Jean Niemi, Vice President, Communications [emailprotected]C: 678-386-2902 SOURCE True Value Company Related Links www.truevaluecompany.com

edtsum434

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: BUFFALO, N.Y.--(BUSINESS WIRE)--Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended September 30, 2020. Highlights for the Third Quarter Included: Joe Saffire, the Companys Chief Executive Officer, stated, We had a great quarter on many fronts. Our stores returned to positive top line revenue and NOI growth. We achieved record third quarter same store occupancy, up 290 basis points year-over-year at quarter end. We acquired 25 stores from two of our strategic joint venture partners and our acquisition pipeline remains robust. We added 30 stores to our third-party management platform as owners are drawn to our technology platforms and peer-leading same store performance. Our B2B platform, Warehouse Anywhere, achieved several positive customer pilot outcomes. And our balance sheet and liquidity position remain strong and support our ability to execute on our strategic initiatives. COVID-19 PANDEMIC: The COVID-19 global health crisis and related economic disruption has had an adverse effect on the Companys year-to-date financial results in 2020. However, the Company experienced several positive trends in the third quarter and October, which include: FINANCIAL RESULTS: In the third quarter of 2020, the Company generated net income attributable to common shareholders of $37.1 million or $0.78 per fully diluted common share, compared to net income attributable to common shareholders of $140.0 million, or $2.99 per fully diluted common share, in the third quarter of 2019. Net income in the same quarter last year benefited from a $100.2 million gain on sale of storage facilities. Funds from operations for the quarter were $1.49 per fully diluted common share compared to $1.46 for the same period last year. After adjusting for the $1.5 million impact of uninsured damages and customer reinsurance claims associated with hurricane damage in September 2020, adjusted FFO per fully diluted common share for the quarter was $1.52, compared to $1.46 for the quarter ended September 30, 2019. OPERATIONS: Same store revenues for the stabilized stores wholly owned by the Company since December 31, 2018 increased 1.2% from the third quarter of 2019. The increase resulted from the net impact of a 230 basis point increase in average occupancy and a 2.4% decline in realized rental rates. Same store operating expenses increased 2.7% for the third quarter of 2020 compared to the prior year period, the result of increased real estate taxes and internet marketing costs. The increases were offset by decreases in payroll and benefits, repair and maintenance, utilities, advertising, insurance and office and other operating expenses. This is the eighth straight quarter of declining payroll and benefits when comparing to the same period of the prior year. Same store NOI increased 0.4% in the third quarter of 2020 as compared to the third quarter of 2019. The Companys 2020 same store pool consists of the 515 stabilized stores wholly owned since December 31, 2018. Two stores that were damaged from hurricanes in September 2020 were removed from the same store pool in the third quarter. Twenty-two of the stores purchased through December 31, 2019 at certificate of occupancy or that were in the early stages of lease-up are not included, regardless of their current occupancies. The Company believes that occupancy levels achieved during the lease-up period, using discounted rates, are not truly indicative of a new stores performance, and therefore do not result in a meaningful year-over-year comparison in future years. The Company will include such stores in its same store pool in the second year after the stores achieve 80% sustained occupancy using market rates and incentives. PORTFOLIO TRANSACTIONS: During the quarter, the Company acquired 25 stabilized stores in New Jersey (6), Ohio (6), Texas (5), Pennsylvania (4), Florida (3), and Georgia (1) for a total purchase price of $326.7 million. Seventeen of the properties were acquired from Sovran HHF Storage Holdings LLC, a joint venture in which the Company has a 20% common interest, and eight of the properties were acquired from Sovran HHF Storage Holdings II LLC, a joint venture in which the Company has a 15% common interest. The net investment to acquire the properties was $295.3 million. During the third quarter, the Company entered into contracts to acquire three self-storage facilities in Missouri, New Jersey, and New York for an aggregate purchase price of $37.9 million. Subsequent to September 30, 2020, the Company entered into contracts to acquire five self-storage facilities in Florida (2), South Carolina (2) and California (1) for an aggregate purchase price of $59.6 million. The purchases of these facilities are subject to customary conditions to closing, and there is no assurance that any of these facilities will be acquired. THIRD-PARTY MANAGEMENT: The Company continues to aggressively and profitably grow its third-party management platform. During the quarter, the Company added 30 stores. As of quarter end, the Company managed 317 facilities in total, including those in which it owns a minority interest. FINANCIAL POSITION: At September 30, 2020, the Company had approximately $110.2 million of cash on hand, and approximately $500 million available on its line of credit. On September 23, 2020, the Company completed an offering of $400 million aggregate principal amount of 2.2% Senior Unsecured Notes due 2030. The proceeds were used to fund a portion of the 25-store portfolio acquisition noted above, for general corporate purposes and to fund the October 2020 repayment of a $100 million term note due August 2021 and a related $4.0 million make-whole expense. During the three months ended September 30, 2020, the Company issued 1,285,546 shares of common stock under its continuous equity offering program at a weighted average issue price of $105.51 per share, generating net proceeds after expenses of $134.2 million. Below are key financial ratios at September 30, 2020: Debt to Enterprise Value (at $105.27/share) 31.2% Debt to Book Cost of Storage Facilities 44.4% Debt to Recurring Annualized EBITDA 5.8x Debt Service Coverage 4.3x COMMON STOCK DIVIDEND: Subsequent to quarter end, the Companys Board of Directors approved a quarterly dividend of $1.07 per share, or $4.28 annualized. The dividend was paid on October 26, 2020 to shareholders of record on October 13, 2020. YEAR 2020 EARNINGS GUIDANCE: Continued uncertainties resulting from the ongoing COVID-19 pandemic and related economic disruption across the country and its impact on customer demand in individual markets, continue to make it challenging to provide an outlook and guidance with reasonable accuracy. However, the Company believes it is well positioned to continue to strengthen its share of the resilient self-storage markets it serves due to its disciplined business model and a strong balance sheet to support its strategic initiatives. The Company will continue with suspension of quantitative guidance and revisit this practice next quarter. FORWARD LOOKING STATEMENTS: When used in this news release, the words intends, believes, expects, anticipates, and similar expressions are intended to identify forward-looking statements within the meaning of that term in Section 27A of the Securities Act of 1933 and in Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the effect of competition from new self-storage facilities, which would cause rents and occupancy rates to decline; risks associated with the COVID-19 global health crisis or similar events, including but not limited to (i) the impact to the health of our employees and/or customers, (ii) the negative impacts to the economy and to self-storage customers which could reduce the demand for self-storage or reduce our ability to collect rent, (iii) reducing or eliminating our ability to increase rents charged to our current or future customers, (iv) limiting our ability to collect rent from or evict past due customers, (v) we could see an increase in move-outs of longer-term customers due to the economic uncertainty and significant rise in unemployment resulting from the COVID-19 global health crisis which could lead to lower occupancies and reduced average rental rates as longer-term customers are replaced with new customers at lower rates, and (vi) potential negative impacts on the cost and availability of debt and equity which could have a negative impact on our capital and growth plans; the Companys ability to evaluate, finance and integrate acquired self-storage facilities into the Companys existing business and operations; the Companys ability to effectively compete in the industry in which it does business; the Companys existing indebtedness may mature in an unfavorable credit environment, preventing refinancing or forcing refinancing of the indebtedness on terms that are not as favorable as the existing terms; interest rates may fluctuate, impacting costs associated with the Companys outstanding floating rate debt; the Companys ability to comply with debt covenants; any future ratings on the Companys debt instruments; regional concentration of the Companys business may subject it to economic downturns in the states of Florida and Texas; the Companys reliance on its call center; and tax law changes that may change the taxability of future income. CONFERENCE CALL: Life Storage will hold its Third Quarter Earnings Release Conference Call at 9:00 a.m. Eastern Time on Friday, November 6, 2020. To help avoid connection delays, participants are encouraged to pre-register using this link. Anyone unable to pre-register may access the conference call at 844-707-6940 (domestic) or 412-317-5702 (international). Management will accept questions from registered financial analysts after prepared remarks; all others are encouraged to listen to the call via webcast by accessing the investor relations tab at lifestorage.com. The webcast will be archived for a period of six months. ABOUT LIFE STORAGE, INC: Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 900 storage facilities in 30 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry. For more information visit http://invest.lifestorage.com. 2020 2019 $ 937,030 $ 884,235 4,263,222 3,865,238 5,200,252 4,749,473 (842,592 ) (756,333 ) 4,357,660 3,993,140 110,247 17,458 13,970 12,218 3,223 1,302 143,633 154,984 10,601 7,771 5,685 2,910 16,500 16,500 27,536 26,681 $ 4,689,055 $ 4,232,964 $ - $ 65,000 2,254,783 1,858,271 107,980 103,942 16,204 11,699 34,352 34,851 2,413,319 2,073,763 25,848 26,307 482 467 2,533,402 2,376,723 (278,726 ) (238,338 ) (5,270 ) (5,958 ) 2,249,888 2,132,894 $ 4,689,055 $ 4,232,964 $ 135,965 $ 128,565 $ 393,701 $ 381,625 15,827 13,260 43,458 35,405 4,518 3,809 13,107 10,156 156,310 145,634 450,266 427,186 36,199 32,215 101,297 96,809 17,729 16,116 52,751 48,427 13,369 11,554 38,498 34,401 - 75 - 358 31,960 26,055 86,524 77,561 1,058 799 3,811 1,678 100,315 86,814 282,881 259,234 - 100,222 - 100,222 - - 302 1,076 55,995 159,042 167,687 269,250 (20,544 ) (19,760 ) (61,056 ) (56,339 ) 8 289 14 340 1,829 1,175 3,915 3,095 37,288 140,746 110,560 216,346 (193 ) (744 ) (576 ) (1,148 ) $ 37,095 $ 140,002 $ 109,984 $ 215,198 $ 0.78 $ 3.00 $ 2.34 $ 4.62 $ 0.78 $ 2.99 $ 2.34 $ 4.61 47,223,842 46,586,030 46,915,323 46,577,704 47,299,906 46,657,105 46,985,647 46,641,673 $ 1.07 $ 1.00 $ 3.21 $ 3.00 $ 19,948 $ 19,146 $ 59,258 $ 54,625 596 614 1,798 1,714 $ 20,544 $ 19,760 $ 61,056 $ 56,339 $ 37,095 $ 140,002 $ 109,984 $ 215,198 193 744 576 1,148 32,417 26,269 88,557 77,797 1,024 1,598 4,502 4,468 - (100,222 ) - (100,222 ) (367 ) (360 ) (1,060 ) (1,055 ) 70,362 68,031 202,559 197,334 $ 1.49 $ 1.46 $ 4.31 $ 4.23 $ 1,546 $ - $ 1,546 $ - $ - $ - $ - (1,651 ) - - (302 ) (1,076 ) - - (217 ) - - - - 443 (8 ) - (5 ) 12 71,900 68,031 203,581 195,062 $ 1.52 $ 1.46 $ 4.33 $ 4.18 47,299,906 46,657,105 46,985,647 46,641,673 $ 37,288 $ 140,746 $ 110,560 $ 216,346 13,369 11,554 38,498 34,401 - 75 - 358 33,018 26,854 90,335 79,239 - (100,222 ) - (100,222 ) - - (302 ) (1,076 ) 20,544 19,760 61,056 56,339 (8 ) (289 ) (14 ) (340 ) (1,829 ) (1,175 ) (3,915 ) (3,095 ) $ 102,382 $ 97,303 $ 296,218 $ 281,950 $ 84,303 $ 83,949 $ 243,549 $ 241,594 7,059 6,768 21,254 19,286 11,020 6,586 31,415 21,070 $ 102,382 $ 97,303 $ 296,218 $ 281,950 $ 124,614 $ 123,162 $ 1,452 1.2 % 1,781 1,764 17 1.0 % 126,395 124,926 1,469 1.2 % 9,218 9,460 (242 ) -2.6 % 16,209 15,241 968 6.4 % 4,085 4,359 (274 ) -6.3 % 3,564 3,583 (19 ) -0.5 % 3,751 3,817 (66 ) -1.7 % 1,466 1,478 (12 ) -0.8 % 62 113 (51 ) -45.1 % 3,737 2,926 811 27.7 % 42,092 40,977 1,115 2.7 % $ 84,303 $ 83,949 $ 354 0.4 % 55,365 49,859 5,506 51,043 55,325 (4,282 ) $ 123,760 $ 122,404 $ 1,356 1.1 % 41,000 39,929 1,071 2.7 % $ 82,760 $ 82,475 $ 285 0.3 % $ 119,378 $ 118,137 $ 1,241 1.1 % 39,318 38,400 918 2.4 % $ 80,060 $ 79,737 $ 323 0.4 % $ 363,209 $ 360,660 $ 2,549 0.7 % 4,641 5,155 (514 ) -10.0 % 367,850 365,815 2,035 0.6 % 27,879 29,353 (1,474 ) -5.0 % 48,436 45,697 2,739 6.0 % 10,738 11,699 (961 ) -8.2 % 10,801 12,692 (1,891 ) -14.9 % 10,838 11,696 (858 ) -7.3 % 4,407 4,431 (24 ) -0.5 % 186 708 (522 ) -73.7 % 11,016 7,945 3,071 38.7 % 124,301 124,221 80 0.1 % $ 243,549 $ 241,594 $ 1,955 0.8 % 152,499 148,987 3,512 135,953 147,009 (11,056 ) Same Store (3) All Stores (5) 2020 2019 2020 2019 93.0 % 90.7 % 92.3 % 89.2 % 93.2 % 90.3 % 92.4 % 88.8 % $ 14.43 $ 14.79 $ 14.44 $ 14.71 $ 4,749,473 413,022 31,650 12,191 47 (5,884 ) (247 ) $ 5,200,252 $ 7,792 $ 6,557 173 296 814 744 205 255 961 490 945 944 2,479 2,268 $ 13,369 $ 11,554 42,689,838 6,701,445 16,463,115 65,854,398 48,199,008 46,656,891 243,966 247,466 Answer:

Life Storage, Inc. Reports Third Quarter Results

BUFFALO, N.Y.--(BUSINESS WIRE)--Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended September 30, 2020. Highlights for the Third Quarter Included: Joe Saffire, the Companys Chief Executive Officer, stated, We had a great quarter on many fronts. Our stores returned to positive top line revenue and NOI growth. We achieved record third quarter same store occupancy, up 290 basis points year-over-year at quarter end. We acquired 25 stores from two of our strategic joint venture partners and our acquisition pipeline remains robust. We added 30 stores to our third-party management platform as owners are drawn to our technology platforms and peer-leading same store performance. Our B2B platform, Warehouse Anywhere, achieved several positive customer pilot outcomes. And our balance sheet and liquidity position remain strong and support our ability to execute on our strategic initiatives. COVID-19 PANDEMIC: The COVID-19 global health crisis and related economic disruption has had an adverse effect on the Companys year-to-date financial results in 2020. However, the Company experienced several positive trends in the third quarter and October, which include: FINANCIAL RESULTS: In the third quarter of 2020, the Company generated net income attributable to common shareholders of $37.1 million or $0.78 per fully diluted common share, compared to net income attributable to common shareholders of $140.0 million, or $2.99 per fully diluted common share, in the third quarter of 2019. Net income in the same quarter last year benefited from a $100.2 million gain on sale of storage facilities. Funds from operations for the quarter were $1.49 per fully diluted common share compared to $1.46 for the same period last year. After adjusting for the $1.5 million impact of uninsured damages and customer reinsurance claims associated with hurricane damage in September 2020, adjusted FFO per fully diluted common share for the quarter was $1.52, compared to $1.46 for the quarter ended September 30, 2019. OPERATIONS: Same store revenues for the stabilized stores wholly owned by the Company since December 31, 2018 increased 1.2% from the third quarter of 2019. The increase resulted from the net impact of a 230 basis point increase in average occupancy and a 2.4% decline in realized rental rates. Same store operating expenses increased 2.7% for the third quarter of 2020 compared to the prior year period, the result of increased real estate taxes and internet marketing costs. The increases were offset by decreases in payroll and benefits, repair and maintenance, utilities, advertising, insurance and office and other operating expenses. This is the eighth straight quarter of declining payroll and benefits when comparing to the same period of the prior year. Same store NOI increased 0.4% in the third quarter of 2020 as compared to the third quarter of 2019. The Companys 2020 same store pool consists of the 515 stabilized stores wholly owned since December 31, 2018. Two stores that were damaged from hurricanes in September 2020 were removed from the same store pool in the third quarter. Twenty-two of the stores purchased through December 31, 2019 at certificate of occupancy or that were in the early stages of lease-up are not included, regardless of their current occupancies. The Company believes that occupancy levels achieved during the lease-up period, using discounted rates, are not truly indicative of a new stores performance, and therefore do not result in a meaningful year-over-year comparison in future years. The Company will include such stores in its same store pool in the second year after the stores achieve 80% sustained occupancy using market rates and incentives. PORTFOLIO TRANSACTIONS: During the quarter, the Company acquired 25 stabilized stores in New Jersey (6), Ohio (6), Texas (5), Pennsylvania (4), Florida (3), and Georgia (1) for a total purchase price of $326.7 million. Seventeen of the properties were acquired from Sovran HHF Storage Holdings LLC, a joint venture in which the Company has a 20% common interest, and eight of the properties were acquired from Sovran HHF Storage Holdings II LLC, a joint venture in which the Company has a 15% common interest. The net investment to acquire the properties was $295.3 million. During the third quarter, the Company entered into contracts to acquire three self-storage facilities in Missouri, New Jersey, and New York for an aggregate purchase price of $37.9 million. Subsequent to September 30, 2020, the Company entered into contracts to acquire five self-storage facilities in Florida (2), South Carolina (2) and California (1) for an aggregate purchase price of $59.6 million. The purchases of these facilities are subject to customary conditions to closing, and there is no assurance that any of these facilities will be acquired. THIRD-PARTY MANAGEMENT: The Company continues to aggressively and profitably grow its third-party management platform. During the quarter, the Company added 30 stores. As of quarter end, the Company managed 317 facilities in total, including those in which it owns a minority interest. FINANCIAL POSITION: At September 30, 2020, the Company had approximately $110.2 million of cash on hand, and approximately $500 million available on its line of credit. On September 23, 2020, the Company completed an offering of $400 million aggregate principal amount of 2.2% Senior Unsecured Notes due 2030. The proceeds were used to fund a portion of the 25-store portfolio acquisition noted above, for general corporate purposes and to fund the October 2020 repayment of a $100 million term note due August 2021 and a related $4.0 million make-whole expense. During the three months ended September 30, 2020, the Company issued 1,285,546 shares of common stock under its continuous equity offering program at a weighted average issue price of $105.51 per share, generating net proceeds after expenses of $134.2 million. Below are key financial ratios at September 30, 2020: Debt to Enterprise Value (at $105.27/share) 31.2% Debt to Book Cost of Storage Facilities 44.4% Debt to Recurring Annualized EBITDA 5.8x Debt Service Coverage 4.3x COMMON STOCK DIVIDEND: Subsequent to quarter end, the Companys Board of Directors approved a quarterly dividend of $1.07 per share, or $4.28 annualized. The dividend was paid on October 26, 2020 to shareholders of record on October 13, 2020. YEAR 2020 EARNINGS GUIDANCE: Continued uncertainties resulting from the ongoing COVID-19 pandemic and related economic disruption across the country and its impact on customer demand in individual markets, continue to make it challenging to provide an outlook and guidance with reasonable accuracy. However, the Company believes it is well positioned to continue to strengthen its share of the resilient self-storage markets it serves due to its disciplined business model and a strong balance sheet to support its strategic initiatives. The Company will continue with suspension of quantitative guidance and revisit this practice next quarter. FORWARD LOOKING STATEMENTS: When used in this news release, the words intends, believes, expects, anticipates, and similar expressions are intended to identify forward-looking statements within the meaning of that term in Section 27A of the Securities Act of 1933 and in Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the effect of competition from new self-storage facilities, which would cause rents and occupancy rates to decline; risks associated with the COVID-19 global health crisis or similar events, including but not limited to (i) the impact to the health of our employees and/or customers, (ii) the negative impacts to the economy and to self-storage customers which could reduce the demand for self-storage or reduce our ability to collect rent, (iii) reducing or eliminating our ability to increase rents charged to our current or future customers, (iv) limiting our ability to collect rent from or evict past due customers, (v) we could see an increase in move-outs of longer-term customers due to the economic uncertainty and significant rise in unemployment resulting from the COVID-19 global health crisis which could lead to lower occupancies and reduced average rental rates as longer-term customers are replaced with new customers at lower rates, and (vi) potential negative impacts on the cost and availability of debt and equity which could have a negative impact on our capital and growth plans; the Companys ability to evaluate, finance and integrate acquired self-storage facilities into the Companys existing business and operations; the Companys ability to effectively compete in the industry in which it does business; the Companys existing indebtedness may mature in an unfavorable credit environment, preventing refinancing or forcing refinancing of the indebtedness on terms that are not as favorable as the existing terms; interest rates may fluctuate, impacting costs associated with the Companys outstanding floating rate debt; the Companys ability to comply with debt covenants; any future ratings on the Companys debt instruments; regional concentration of the Companys business may subject it to economic downturns in the states of Florida and Texas; the Companys reliance on its call center; and tax law changes that may change the taxability of future income. CONFERENCE CALL: Life Storage will hold its Third Quarter Earnings Release Conference Call at 9:00 a.m. Eastern Time on Friday, November 6, 2020. To help avoid connection delays, participants are encouraged to pre-register using this link. Anyone unable to pre-register may access the conference call at 844-707-6940 (domestic) or 412-317-5702 (international). Management will accept questions from registered financial analysts after prepared remarks; all others are encouraged to listen to the call via webcast by accessing the investor relations tab at lifestorage.com. The webcast will be archived for a period of six months. ABOUT LIFE STORAGE, INC: Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 900 storage facilities in 30 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry. For more information visit http://invest.lifestorage.com. 2020 2019 $ 937,030 $ 884,235 4,263,222 3,865,238 5,200,252 4,749,473 (842,592 ) (756,333 ) 4,357,660 3,993,140 110,247 17,458 13,970 12,218 3,223 1,302 143,633 154,984 10,601 7,771 5,685 2,910 16,500 16,500 27,536 26,681 $ 4,689,055 $ 4,232,964 $ - $ 65,000 2,254,783 1,858,271 107,980 103,942 16,204 11,699 34,352 34,851 2,413,319 2,073,763 25,848 26,307 482 467 2,533,402 2,376,723 (278,726 ) (238,338 ) (5,270 ) (5,958 ) 2,249,888 2,132,894 $ 4,689,055 $ 4,232,964 $ 135,965 $ 128,565 $ 393,701 $ 381,625 15,827 13,260 43,458 35,405 4,518 3,809 13,107 10,156 156,310 145,634 450,266 427,186 36,199 32,215 101,297 96,809 17,729 16,116 52,751 48,427 13,369 11,554 38,498 34,401 - 75 - 358 31,960 26,055 86,524 77,561 1,058 799 3,811 1,678 100,315 86,814 282,881 259,234 - 100,222 - 100,222 - - 302 1,076 55,995 159,042 167,687 269,250 (20,544 ) (19,760 ) (61,056 ) (56,339 ) 8 289 14 340 1,829 1,175 3,915 3,095 37,288 140,746 110,560 216,346 (193 ) (744 ) (576 ) (1,148 ) $ 37,095 $ 140,002 $ 109,984 $ 215,198 $ 0.78 $ 3.00 $ 2.34 $ 4.62 $ 0.78 $ 2.99 $ 2.34 $ 4.61 47,223,842 46,586,030 46,915,323 46,577,704 47,299,906 46,657,105 46,985,647 46,641,673 $ 1.07 $ 1.00 $ 3.21 $ 3.00 $ 19,948 $ 19,146 $ 59,258 $ 54,625 596 614 1,798 1,714 $ 20,544 $ 19,760 $ 61,056 $ 56,339 $ 37,095 $ 140,002 $ 109,984 $ 215,198 193 744 576 1,148 32,417 26,269 88,557 77,797 1,024 1,598 4,502 4,468 - (100,222 ) - (100,222 ) (367 ) (360 ) (1,060 ) (1,055 ) 70,362 68,031 202,559 197,334 $ 1.49 $ 1.46 $ 4.31 $ 4.23 $ 1,546 $ - $ 1,546 $ - $ - $ - $ - (1,651 ) - - (302 ) (1,076 ) - - (217 ) - - - - 443 (8 ) - (5 ) 12 71,900 68,031 203,581 195,062 $ 1.52 $ 1.46 $ 4.33 $ 4.18 47,299,906 46,657,105 46,985,647 46,641,673 $ 37,288 $ 140,746 $ 110,560 $ 216,346 13,369 11,554 38,498 34,401 - 75 - 358 33,018 26,854 90,335 79,239 - (100,222 ) - (100,222 ) - - (302 ) (1,076 ) 20,544 19,760 61,056 56,339 (8 ) (289 ) (14 ) (340 ) (1,829 ) (1,175 ) (3,915 ) (3,095 ) $ 102,382 $ 97,303 $ 296,218 $ 281,950 $ 84,303 $ 83,949 $ 243,549 $ 241,594 7,059 6,768 21,254 19,286 11,020 6,586 31,415 21,070 $ 102,382 $ 97,303 $ 296,218 $ 281,950 $ 124,614 $ 123,162 $ 1,452 1.2 % 1,781 1,764 17 1.0 % 126,395 124,926 1,469 1.2 % 9,218 9,460 (242 ) -2.6 % 16,209 15,241 968 6.4 % 4,085 4,359 (274 ) -6.3 % 3,564 3,583 (19 ) -0.5 % 3,751 3,817 (66 ) -1.7 % 1,466 1,478 (12 ) -0.8 % 62 113 (51 ) -45.1 % 3,737 2,926 811 27.7 % 42,092 40,977 1,115 2.7 % $ 84,303 $ 83,949 $ 354 0.4 % 55,365 49,859 5,506 51,043 55,325 (4,282 ) $ 123,760 $ 122,404 $ 1,356 1.1 % 41,000 39,929 1,071 2.7 % $ 82,760 $ 82,475 $ 285 0.3 % $ 119,378 $ 118,137 $ 1,241 1.1 % 39,318 38,400 918 2.4 % $ 80,060 $ 79,737 $ 323 0.4 % $ 363,209 $ 360,660 $ 2,549 0.7 % 4,641 5,155 (514 ) -10.0 % 367,850 365,815 2,035 0.6 % 27,879 29,353 (1,474 ) -5.0 % 48,436 45,697 2,739 6.0 % 10,738 11,699 (961 ) -8.2 % 10,801 12,692 (1,891 ) -14.9 % 10,838 11,696 (858 ) -7.3 % 4,407 4,431 (24 ) -0.5 % 186 708 (522 ) -73.7 % 11,016 7,945 3,071 38.7 % 124,301 124,221 80 0.1 % $ 243,549 $ 241,594 $ 1,955 0.8 % 152,499 148,987 3,512 135,953 147,009 (11,056 ) Same Store (3) All Stores (5) 2020 2019 2020 2019 93.0 % 90.7 % 92.3 % 89.2 % 93.2 % 90.3 % 92.4 % 88.8 % $ 14.43 $ 14.79 $ 14.44 $ 14.71 $ 4,749,473 413,022 31,650 12,191 47 (5,884 ) (247 ) $ 5,200,252 $ 7,792 $ 6,557 173 296 814 744 205 255 961 490 945 944 2,479 2,268 $ 13,369 $ 11,554 42,689,838 6,701,445 16,463,115 65,854,398 48,199,008 46,656,891 243,966 247,466

edtsum435

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 "Blood Glucose Monitoring Devices Market Size, Share & Trends Analysis Report by Product (Self-monitoring, Continuous), by End-use (Hospitals, Home Care, Diagnostic Centers), by Region, and Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering. The global blood glucose monitoring devices market size is expected to reach 19.6 billion by 2028. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. The market growth is propelled by the rising diabetes prevalence worldwide and increasing geriatric population. Moreover, rising awareness about diabetes preventive care and new product launches are expected to boost market growth. Blood glucose monitoring (BGM) devices are used to measure blood glucose levels in diabetes patients. These devices help in analyzing glucose level pattern as it provides continuous and real-time blood sugar reading. It also helps patients to decide the amount of food intake and dosage of insulin. Furthermore, factors such as sedentary lifestyle, consumption of junk food and alcohol, smoking, and surge in the need for safer and faster diagnosis are propelling the market growth. Obesity is also one of the major factors in propelling the prevalence of diabetes. According to the WHO, over 650 million people were obese in 2016 and this number is expected to grow further during the forecast period. Additionally, the market is expected to witness a high growth rate during the forecast period due to the continuous efforts for diabetes control by government and healthcare organizations, such as the International Diabetes Federation (IDF). Such organizations provide the required expertise and support diabetes awareness campaigns through a network of stakeholders and partners. Moreover, increasing health care funding is anticipated to propel the market growth. Blood Glucose Monitoring Devices Market Report Highlights Market Dynamics Companies Mentioned For more information about this report visit https://www.researchandmarkets.com/r/pvohq5 Answer:

Global Blood Glucose Monitoring Devices Market (2021 to 2028) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Blood Glucose Monitoring Devices Market Size, Share & Trends Analysis Report by Product (Self-monitoring, Continuous), by End-use (Hospitals, Home Care, Diagnostic Centers), by Region, and Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering. The global blood glucose monitoring devices market size is expected to reach 19.6 billion by 2028. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. The market growth is propelled by the rising diabetes prevalence worldwide and increasing geriatric population. Moreover, rising awareness about diabetes preventive care and new product launches are expected to boost market growth. Blood glucose monitoring (BGM) devices are used to measure blood glucose levels in diabetes patients. These devices help in analyzing glucose level pattern as it provides continuous and real-time blood sugar reading. It also helps patients to decide the amount of food intake and dosage of insulin. Furthermore, factors such as sedentary lifestyle, consumption of junk food and alcohol, smoking, and surge in the need for safer and faster diagnosis are propelling the market growth. Obesity is also one of the major factors in propelling the prevalence of diabetes. According to the WHO, over 650 million people were obese in 2016 and this number is expected to grow further during the forecast period. Additionally, the market is expected to witness a high growth rate during the forecast period due to the continuous efforts for diabetes control by government and healthcare organizations, such as the International Diabetes Federation (IDF). Such organizations provide the required expertise and support diabetes awareness campaigns through a network of stakeholders and partners. Moreover, increasing health care funding is anticipated to propel the market growth. Blood Glucose Monitoring Devices Market Report Highlights Market Dynamics Companies Mentioned For more information about this report visit https://www.researchandmarkets.com/r/pvohq5

edtsum436

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: CHARLOTTESVILLE, Va., Nov. 16, 2020 /PRNewswire/ --Pearl today announces the launch of its Green Door Web App, the virtual entryway to manage, maintain and improve a home's energy efficient performance. Pearl is partnering with homeowners, contractors, and real estate professionals to set the global standard in high-ROI home improvements and energy efficient performance. Pearl showcases home features that matter most to buyers features that make the home more comfortable, healthier, and affordable to operate. Pearl Certification drives demand for home improvements like efficient heating and cooling systems, solar, and smart home devices by capturing their value for resale and appraisal. Pearl qualifies a network of contractors who improve home performance, and real estate professionals who ensure these homes are properly marketed and valued when sold. When marketed correctly, Pearl Certified homes can add five percent or more to a home's sale price. "The biggest benefit we bring to homeowners is a tool to understand their home's performance and actionable knowledge on how to improve it," said Cynthia Adams, CEO and co-founder of Pearl Certification. "Green Door has always been an integral part of Pearl's vision to empower homeowners and connect them to high-quality service professionals." Designed to inform and simplify the homeowner journey, Green Door provides homeowners easy access to Pearl Professionals, a tracking system for improvement records and detailed information about their Pearl Certification. Green Door elevates the home living experience and makes home value visible. "We are empowering homeowners to create high-performing homes," said Rachel Davis, Pearl's Vice President of Product. "Before Green Door, homeowners who received their Pearl Certification would contact us asking what they could do next to improve their homes. Likewise, contractors and real estate agents wanted to provide lifetime value to their homeowners. Pearl Certification created the Green Door platform to meet the needs of homeowners and better equip the professionals who serve them." Pearl Certification gives homeowners the tools to improve their homes' health, comfort, efficiency, resilience and value. With Green Door, Pearl Certification has never been so accessible. Media Contact: Lindsay Bachman412.443.2996[emailprotected] Related Images green-door-logo.jpg Green Door Logo Powered by Pearl Related Links Open the Green Door About Pearl Certification SOURCE Pearl Certification Answer:

Pearl Certification Launches Its Virtual Energy Efficiency Home Management Platform Pearl Certification gives homeowners the tools to improve their homes' health, comfort, efficiency, resilience -- and value

CHARLOTTESVILLE, Va., Nov. 16, 2020 /PRNewswire/ --Pearl today announces the launch of its Green Door Web App, the virtual entryway to manage, maintain and improve a home's energy efficient performance. Pearl is partnering with homeowners, contractors, and real estate professionals to set the global standard in high-ROI home improvements and energy efficient performance. Pearl showcases home features that matter most to buyers features that make the home more comfortable, healthier, and affordable to operate. Pearl Certification drives demand for home improvements like efficient heating and cooling systems, solar, and smart home devices by capturing their value for resale and appraisal. Pearl qualifies a network of contractors who improve home performance, and real estate professionals who ensure these homes are properly marketed and valued when sold. When marketed correctly, Pearl Certified homes can add five percent or more to a home's sale price. "The biggest benefit we bring to homeowners is a tool to understand their home's performance and actionable knowledge on how to improve it," said Cynthia Adams, CEO and co-founder of Pearl Certification. "Green Door has always been an integral part of Pearl's vision to empower homeowners and connect them to high-quality service professionals." Designed to inform and simplify the homeowner journey, Green Door provides homeowners easy access to Pearl Professionals, a tracking system for improvement records and detailed information about their Pearl Certification. Green Door elevates the home living experience and makes home value visible. "We are empowering homeowners to create high-performing homes," said Rachel Davis, Pearl's Vice President of Product. "Before Green Door, homeowners who received their Pearl Certification would contact us asking what they could do next to improve their homes. Likewise, contractors and real estate agents wanted to provide lifetime value to their homeowners. Pearl Certification created the Green Door platform to meet the needs of homeowners and better equip the professionals who serve them." Pearl Certification gives homeowners the tools to improve their homes' health, comfort, efficiency, resilience and value. With Green Door, Pearl Certification has never been so accessible. Media Contact: Lindsay Bachman412.443.2996[emailprotected] Related Images green-door-logo.jpg Green Door Logo Powered by Pearl Related Links Open the Green Door About Pearl Certification SOURCE Pearl Certification

edtsum437

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 and GAITHERSBURG, Md., April 26, 2021 /PRNewswire/ -- I-Mab (the "Company") (Nasdaq: IMAB), a clinical-stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced positive topline results from itsregionalmulti-center, randomized, double-blind and placebo-controlled phase 2 study (NCT03235752) evaluating the efficacy and safety of olamkicept (also known as TJ301) administered intravenously biweekly in patients with active ulcerative colitis (UC). Olamkicept is the only clinical stage selective IL-6 inhibitor that works through the trans-signaling mechanism. IL-6 is an important driver cytokine in the propagation and maintenance of chronic inflammation in autoimmune diseases, such as UC. The phase 2 study, one of the first placebo-controlled, proof-of-concept studies of an IL-6 inhibitor in UC, has met both its primary and key secondary efficacy endpoints, demonstrating significantly higher clinical response rates after 12 weeks of treatment in patients receiving 600 mg olamkicept compared to those on placebo (p=0.032). Significantly more patients in the 600 mg olamkicept group achieved clinical remission and mucosal healing than in placebo (p<0.001), two key secondary endpoints of the study. Olamkicept was well tolerated, and with a very acceptable safety profile. Detailed data analysis will be presented at Digestive Disease Week (DDW) 2021 in the U.S. in May and at European Crohn's and Colitis Organisation (ECCO) meeting in July 2021. "We are very excited to see that olamkicept demonstrated significant clinical benefits for active UC patients in terms of safety and efficacy through this successful phase 2 study. This is the first demonstration that IL-6 blockade through the trans-signaling pathway plays a significant therapeutic role in UC. The study provides confidence for further clinical development of this differentiated IL-6 blocker as a treatment option for UC and IBD," said Prof. Minhu Chen, Chair of Gastroenterology and Hepatology and Vice President at the First Affiliated Hospital of Sun Yat-sen University, principal investigator of the study. I-Mab entered into a license agreement with Ferring Pharmaceuticals to develop and commercialize olamkicept for Greater China and South Korea in 2016. On April 23rd,2021, the Company and Ferring signed a memorandum of understanding (MoU) to explore a possible collaboration to advance the development and commercialization of olamkicept in US and Canada, the European Union and Japan, if so agreed. "There is an unmet need in the management of inflammatory bowel disease, such as UC, as current pharmacological therapies have significant side effects and develop resistance over time," said Dr. Joan Shen, CEO of I-Mab. "The positive phase 2 clinical data support our belief that olamkicept has the potential to become standard of care in UC, and we are excited by the prospect of exploring a broader reach to patients globally and offer a new treatment option." About Olamkicept Olamkicept is a homodimer of a fusion protein consisting of the extracellular domains of human glycoprotein130 ("gp130") and the fragment crystallizable (Fc) domain of human IgG1. It is the only clinical stage selective interleukin-6 ("IL-6") inhibitor that works through the trans-signaling mechanismwhich is considered an important mediator of the proinflammatory effects of IL-6. The existing IL-6 or IL-6R blockers cause total inhibition of IL-6 signaling, including inhibition of homeostatic effects, and are associated with significant adverse events such as infection, gastrointestinal perforation and metabolic disturbances. Olamkicept, on the other hand, is expected tohave more selective effect on the IL-6 driven inflammation and provide a better safety profile based on its mechanism of action and the data from preclinical and clinical studies. Olamkicept has the potential to be a best-in-class to treat UC and other autoimmune diseases where IL-6 is a critical inflammatory mediator. I-Mab acquired an exclusive license from Ferring Pharmaceuticals to develop and commercialize olamkicept in Greater China and South Korea with an option, on terms as further described in the licensing agreement, to expand I-Mab' rights to any of the mutually agreed upon countries from U.S, Canada, the European Union and Japan. About the olamkicept Phase 2 clinical study The study is a global multicenter, randomized, double-blind, placebo-controlled phase 2 trial (NCT03235752). The primary efficacy endpoint is the percentage of subjects achieving a clinical response per Full Mayo Score at Week 12. The study was conducted at 27 sites in Mainland China, Taiwan and South Korea and enrolled 91 patients who had active ulcerative colitis with a full Mayo score 5, a rectal bleeding subscore 1, an endoscopy subscore 2, and had an inadequate response with conventional UC therapy. Patients were randomized 1:1:1 to receive either olamkicept 300 mg biweekly, or olamkicept 600 mg biweekly or matching placebo, stratified by use of corticosteroids and prior biologics treatment. All endoscopic tests have been read and confirmed by an independent central review committee. About ulcerative colitis Ulcerative colitis ("UC") is an inflammatory bowel disease ("IBD") that causes chronic and often relapsing inflammation and ulceration of the colon and rectum, resulting in gastrointestinal symptoms that greatly affect the quality of life of patients. Disease complications may include megacolon, inflammation of the eye, joints, or liver, and colon cancer. Currently, there is no curative treatment for UC especially for those with a moderate-to-severe disease. There is a substantial unmet medical need in UC for a treatment agent(s) that is efficacious and safe through pathways beyond the traditional drug targets. About I-Mab I-Mab (Nasdaq: IMAB) is an innovation-driven global biotech company focusing on discovery, development and soon commercialization of novel and highly differentiated biologics in immuno-oncology therapeutic area. The Company's mission is to bring transformational medicines to patients around the world through drug innovation. I-Mab's globally competitive pipeline of more than 15 clinical and pre-clinical stage drug candidates is driven by its internal R&D capability and global licensing partnerships, based on the Company's unique Fast-to-Proof-of-Concept and Fast-to-Market pipeline development strategies. The Company is now rapidly progressing from a clinical stage biotech company to a fully integrated global biopharmaceutical company with cutting-edge global R&D capabilities, a world-class GMP manufacturing facility and commercialization capability. I-Mab has established its global footprint in Shanghai (headquarters), Beijing, Hangzhou and Hong Kong in China, and Maryland and San Diego in the United States. For more information, please visithttp://ir.i-mabbiopharma.comand follow I-Mab onLinkedIn,TwitterandWeChat. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding data from the clinical trialsfor TJ301, potential implications of clinical data for patients, further development of TJ301 by I-Mab in additional countries, and anticipated clinical development, regulatory milestones and commercialization of TJ301.Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including but not limited to the ability and timing of I-Mab and Ferring should they agree upon any additional countries to develop TJ301; the ability of I-Mab to demonstrate the safety and efficacy of TJ301; the clinical results for the drug candidate, which may not support further development or BLA approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of the drug candidate; the ability to achieve commercial success for the drug candidate, if approved; I-Mab's ability to obtain and maintain protection of intellectual property for its technology and drugs; I-Mab's reliance on third parties to conduct drug development, manufacturing and other services; I-Mab's limited operating history and I-Mab's ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; and the impact of the COVID-19 pandemic on the Company's clinical development, commercial and other operations, as well as those risks more fully discussed in the "Risk Factors" section in I-Mab's most recent annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in I-Mab's subsequent filings with the U.S. Securities and Exchange Commission. All forward-looking statements are based on information currently available to I-Mab, and I-Mab undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. For more information, please contact: I-Mab Jielun Zhu, Chief Financial OfficerE-mail:[emailprotected]Office line: +86 21 6057 8000 Gigi Feng, Chief Communications OfficerE-mail:[emailprotected]Office line: +86 21 6057 5785 Investor Inquiries: The Piacente Group, Inc.Emilie WuE-mail:[emailprotected]Office line: +86 21 6039 8363 SOURCE I-Mab Related Links www.i-mabbiopharma.com Answer:

I-Mab Announces Positive Topline Phase 2 Results for Olamkicept in Ulcerative Colitis

SHANGHAI and GAITHERSBURG, Md., April 26, 2021 /PRNewswire/ -- I-Mab (the "Company") (Nasdaq: IMAB), a clinical-stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced positive topline results from itsregionalmulti-center, randomized, double-blind and placebo-controlled phase 2 study (NCT03235752) evaluating the efficacy and safety of olamkicept (also known as TJ301) administered intravenously biweekly in patients with active ulcerative colitis (UC). Olamkicept is the only clinical stage selective IL-6 inhibitor that works through the trans-signaling mechanism. IL-6 is an important driver cytokine in the propagation and maintenance of chronic inflammation in autoimmune diseases, such as UC. The phase 2 study, one of the first placebo-controlled, proof-of-concept studies of an IL-6 inhibitor in UC, has met both its primary and key secondary efficacy endpoints, demonstrating significantly higher clinical response rates after 12 weeks of treatment in patients receiving 600 mg olamkicept compared to those on placebo (p=0.032). Significantly more patients in the 600 mg olamkicept group achieved clinical remission and mucosal healing than in placebo (p<0.001), two key secondary endpoints of the study. Olamkicept was well tolerated, and with a very acceptable safety profile. Detailed data analysis will be presented at Digestive Disease Week (DDW) 2021 in the U.S. in May and at European Crohn's and Colitis Organisation (ECCO) meeting in July 2021. "We are very excited to see that olamkicept demonstrated significant clinical benefits for active UC patients in terms of safety and efficacy through this successful phase 2 study. This is the first demonstration that IL-6 blockade through the trans-signaling pathway plays a significant therapeutic role in UC. The study provides confidence for further clinical development of this differentiated IL-6 blocker as a treatment option for UC and IBD," said Prof. Minhu Chen, Chair of Gastroenterology and Hepatology and Vice President at the First Affiliated Hospital of Sun Yat-sen University, principal investigator of the study. I-Mab entered into a license agreement with Ferring Pharmaceuticals to develop and commercialize olamkicept for Greater China and South Korea in 2016. On April 23rd,2021, the Company and Ferring signed a memorandum of understanding (MoU) to explore a possible collaboration to advance the development and commercialization of olamkicept in US and Canada, the European Union and Japan, if so agreed. "There is an unmet need in the management of inflammatory bowel disease, such as UC, as current pharmacological therapies have significant side effects and develop resistance over time," said Dr. Joan Shen, CEO of I-Mab. "The positive phase 2 clinical data support our belief that olamkicept has the potential to become standard of care in UC, and we are excited by the prospect of exploring a broader reach to patients globally and offer a new treatment option." About Olamkicept Olamkicept is a homodimer of a fusion protein consisting of the extracellular domains of human glycoprotein130 ("gp130") and the fragment crystallizable (Fc) domain of human IgG1. It is the only clinical stage selective interleukin-6 ("IL-6") inhibitor that works through the trans-signaling mechanismwhich is considered an important mediator of the proinflammatory effects of IL-6. The existing IL-6 or IL-6R blockers cause total inhibition of IL-6 signaling, including inhibition of homeostatic effects, and are associated with significant adverse events such as infection, gastrointestinal perforation and metabolic disturbances. Olamkicept, on the other hand, is expected tohave more selective effect on the IL-6 driven inflammation and provide a better safety profile based on its mechanism of action and the data from preclinical and clinical studies. Olamkicept has the potential to be a best-in-class to treat UC and other autoimmune diseases where IL-6 is a critical inflammatory mediator. I-Mab acquired an exclusive license from Ferring Pharmaceuticals to develop and commercialize olamkicept in Greater China and South Korea with an option, on terms as further described in the licensing agreement, to expand I-Mab' rights to any of the mutually agreed upon countries from U.S, Canada, the European Union and Japan. About the olamkicept Phase 2 clinical study The study is a global multicenter, randomized, double-blind, placebo-controlled phase 2 trial (NCT03235752). The primary efficacy endpoint is the percentage of subjects achieving a clinical response per Full Mayo Score at Week 12. The study was conducted at 27 sites in Mainland China, Taiwan and South Korea and enrolled 91 patients who had active ulcerative colitis with a full Mayo score 5, a rectal bleeding subscore 1, an endoscopy subscore 2, and had an inadequate response with conventional UC therapy. Patients were randomized 1:1:1 to receive either olamkicept 300 mg biweekly, or olamkicept 600 mg biweekly or matching placebo, stratified by use of corticosteroids and prior biologics treatment. All endoscopic tests have been read and confirmed by an independent central review committee. About ulcerative colitis Ulcerative colitis ("UC") is an inflammatory bowel disease ("IBD") that causes chronic and often relapsing inflammation and ulceration of the colon and rectum, resulting in gastrointestinal symptoms that greatly affect the quality of life of patients. Disease complications may include megacolon, inflammation of the eye, joints, or liver, and colon cancer. Currently, there is no curative treatment for UC especially for those with a moderate-to-severe disease. There is a substantial unmet medical need in UC for a treatment agent(s) that is efficacious and safe through pathways beyond the traditional drug targets. About I-Mab I-Mab (Nasdaq: IMAB) is an innovation-driven global biotech company focusing on discovery, development and soon commercialization of novel and highly differentiated biologics in immuno-oncology therapeutic area. The Company's mission is to bring transformational medicines to patients around the world through drug innovation. I-Mab's globally competitive pipeline of more than 15 clinical and pre-clinical stage drug candidates is driven by its internal R&D capability and global licensing partnerships, based on the Company's unique Fast-to-Proof-of-Concept and Fast-to-Market pipeline development strategies. The Company is now rapidly progressing from a clinical stage biotech company to a fully integrated global biopharmaceutical company with cutting-edge global R&D capabilities, a world-class GMP manufacturing facility and commercialization capability. I-Mab has established its global footprint in Shanghai (headquarters), Beijing, Hangzhou and Hong Kong in China, and Maryland and San Diego in the United States. For more information, please visithttp://ir.i-mabbiopharma.comand follow I-Mab onLinkedIn,TwitterandWeChat. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding data from the clinical trialsfor TJ301, potential implications of clinical data for patients, further development of TJ301 by I-Mab in additional countries, and anticipated clinical development, regulatory milestones and commercialization of TJ301.Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including but not limited to the ability and timing of I-Mab and Ferring should they agree upon any additional countries to develop TJ301; the ability of I-Mab to demonstrate the safety and efficacy of TJ301; the clinical results for the drug candidate, which may not support further development or BLA approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of the drug candidate; the ability to achieve commercial success for the drug candidate, if approved; I-Mab's ability to obtain and maintain protection of intellectual property for its technology and drugs; I-Mab's reliance on third parties to conduct drug development, manufacturing and other services; I-Mab's limited operating history and I-Mab's ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; and the impact of the COVID-19 pandemic on the Company's clinical development, commercial and other operations, as well as those risks more fully discussed in the "Risk Factors" section in I-Mab's most recent annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in I-Mab's subsequent filings with the U.S. Securities and Exchange Commission. All forward-looking statements are based on information currently available to I-Mab, and I-Mab undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. For more information, please contact: I-Mab Jielun Zhu, Chief Financial OfficerE-mail:[emailprotected]Office line: +86 21 6057 8000 Gigi Feng, Chief Communications OfficerE-mail:[emailprotected]Office line: +86 21 6057 5785 Investor Inquiries: The Piacente Group, Inc.Emilie WuE-mail:[emailprotected]Office line: +86 21 6039 8363 SOURCE I-Mab Related Links www.i-mabbiopharma.com

edtsum438

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: FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, today announced first quarter 2021 financial results. Highlights for the first quarter of 2021: We are very pleased to report today a record quarter for Ichor, with revenues at the high end of our expectations and increasing 8% over a very strong fourth quarter, commented Jeff Andreson, chief executive officer of Ichor. Industry conditions for wafer fab equipment have continued to strengthen for four straight quarters now, and, in turn, we have demonstrated strong execution in a challenging operating environment in order to ramp our business in response to customer demand. In Q1, we again exhibited the operating leverage in our business model, with quarter-on-quarter increases in both gross margin and operating margin, while also delivering another quarter of strong free cash flow generation. Mr. Andreson concluded, Our current visibility through the end of 2021 indicates a stronger Q2 compared to Q1, a stronger second half compared to the first half, and continued incremental improvements to our profitability. With industry growth currently expected to continue through both this year and next year, we believe Ichor is extremely well-positioned to continue to deliver strong revenue growth and operational leverage. Q1 2021 Q4 2020 Q1 2020 (dollars in thousands, except per share amounts) U.S. GAAP Financial Results: Net sales $ 264,566 $ 244,966 $ 220,028 Gross margin 14.9 % 14.0 % 13.1 % Operating margin 6.9 % 5.8 % 2.5 % Net income $ 14,638 $ 12,521 $ 3,399 Diluted EPS $ 0.51 $ 0.51 $ 0.15 Q1 2021 Q4 2020 Q1 2020 (dollars in thousands, except per share amounts) Non-GAAP Financial Results: Gross margin 16.1 % 15.8 % 13.8 % Operating margin 10.2 % 10.0 % 7.2 % Net income $ 21,725 $ 19,834 $ 12,058 Diluted EPS $ 0.76 $ 0.81 $ 0.52 U.S. GAAP Financial Results Overview For the first quarter of 2021, revenue was $264.6 million, net income was $14.6 million, and net income per diluted share (diluted EPS) was $0.51. This compares to revenue of $245.0 million and $220.0 million, net income of $12.5 million and $3.4 million, and diluted EPS of $0.51 and $0.15, for the fourth and first quarter of 2020, respectively. Non-GAAP Financial Results Overview For the first quarter of 2021, non-GAAP net income was $21.7 million and non-GAAP diluted EPS was $0.76. This compares to non-GAAP net income of $19.8 million and $12.1 million, and non-GAAP diluted EPS of $0.81 and $0.52, for the fourth and first quarter of 2020, respectively. Second Quarter 2021 Financial Outlook For the second quarter of 2021, we expect revenue to be in the range of $270 million to $300 million. We expect GAAP diluted EPS to be in the range of $0.59 to $0.76 and non-GAAP diluted EPS to be in the range of $0.77 to $0.93. This outlook for non-GAAP diluted EPS excludes known charges related to amortization of intangible assets, share-based compensation expense, tax adjustments related to these non-GAAP adjustments, and non-recurring charges known at the time of providing this outlook. This outlook for non-GAAP diluted EPS excludes any items that are unknown at this time, such as non-recurring tax-related items or other unusual items which we are not able to predict without unreasonable efforts due to their inherent uncertainty. Balance Sheet and Cash Flow Results We ended the first quarter of 2021 with cash of $242.9 million, a decrease of $10.0 million from the end of the prior quarter. The decrease from the end of the prior quarter was primarily due to payments on long-term debt of $32.2 million, of which $30.0 million was a paydown on our revolving credit facility, and capital expenditures of $5.4 million, partially offset by cash provided by operating activities of $25.6 million and net proceeds from the issuance of shares under our share-based compensation plans of $2.0 million. Our cash provided by operating activities of $25.6 million for the first quarter of 2021 consisted of net income of $14.6 million, net non-cash charges of $8.8 million, and a decrease in our net operating assets and liabilities of $2.2 million. Net non-cash charges primarily consisted of depreciation and amortization of $5.7 million, share-based compensation of $2.4 million, and deferred taxes of $0.5 million. The increase in our net operating assets and liabilities was primarily due to an increase in accounts payable of $22.1 million, partially offset by increases in inventories and accounts receivable of $9.3 million and $7.7 million, respectively, and a decrease in accrued liabilities of $3.5 million. Use of Non-GAAP Financial Results In addition to U.S. GAAP results, this press release also contains non-GAAP financial results, including non-GAAP gross profit, non-GAAP operating income, non-GAAP net income, non-GAAP diluted EPS, and free cash flow. Management uses these non-GAAP metrics to evaluate our operating and financial results. We believe the presentation of non-GAAP results is useful to investors for analyzing business trends and comparing performance to prior periods, along with enhancing investors ability to view our results from managements perspective. Non-GAAP gross profit, operating income, and net income are defined as: gross profit, operating income, or net income excluding (1) amortization of intangible assets, share-based compensation expense, and non-recurring expenses, including contract settlement losses and facility shutdown costs, to the extent they are present in gross profit, operating income, and net income; and (2) the tax impacts associated with our non-GAAP adjustments, as well as non-recurring discrete tax items. Non-GAAP diluted EPS is defined as non-GAAP net income divided by weighted average diluted ordinary shares outstanding during the period. Free cash flow is defined as cash provided by operating activities, less capital expenditures. Tables showing these metrics on a GAAP and non-GAAP basis, with reconciliation footnotes thereto, are included at the end of this press release. Non-GAAP results have limitations as an analytical tool, and you should not consider them in isolation or as a substitute for our results reported under GAAP. Other companies may calculate non-GAAP results differently or may use other measures to evaluate their performance, both of which could reduce the usefulness of our non-GAAP results as a tool for comparison. Because of these limitations, you should consider non-GAAP results alongside other financial performance measures and results presented in accordance with GAAP. In addition, in evaluating non-GAAP results, you should be aware that in the future we will incur expenses such as those that are the subject of adjustments in deriving non-GAAP results and you should not infer from our presentation of non-GAAP results that our future results will not be affected by these expenses or any unusual or non-recurring items. Conference Call We will conduct a conference call to discuss our first quarter 2021 results and business outlook on May 4, 2021, at 1:30 p.m. PDT. To listen to a live webcast of the call, please visit our investor relations website at ir.ichorsystems.com, or go to the live link at webcasts.eqs.com/ichorholdings20210504. To listen via telephone, please call (877) 407-0989 (domestic) or +1 (201) 389-0921 (international), conference ID: 13718578. After the call, an on-demand replay will be available at the same webcast link. About Ichor We are a leader in the design, engineering and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Our product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also manufacture precision-machined components, weldments, and proprietary products for use in fluid delivery systems for direct sales to our customers, as well as certain components for internal use in fluid delivery systems and for direct sales to our customers. This vertically-integrated portion of our business is primarily focused on metal and plastic parts that are used in gas and chemical systems, respectively. We are headquartered in Fremont, CA. ichorsystems.com. We use a 52- or 53-week fiscal year ending on the last Friday in December. The three months ended March 26, 2021, December 25, 2020, and March 27, 2020 were all 13 weeks. References to the first quarter of 2021 and the fourth and first quarter of 2020 relate to the three-month periods then ended. Safe Harbor Statement Certain statements in this release are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "guidance," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates," look forward, and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding financial results for our second fiscal quarter of 2021, statements regarding the impacts of the COVID-19 pandemic, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially and adversely from these forward-looking statements, including: (1) dependence on expenditures by manufacturers and cyclical downturns in the semiconductor capital equipment industry, (2) reliance on a very small number of original equipment manufacturers for a significant portion of sales, (3) negotiating leverage held by our customers, (4) competitiveness and rapid evolution of the industries in which we participate, (5) risks associated with weakness in the global economy and geopolitical instability, (6) keeping pace with developments in the industries we serve and with technological innovation generally, (7) designing, developing and introducing new products that are accepted by original equipment manufacturers in order to retain our existing customers and obtain new customers, (8) managing our manufacturing and procurement process effectively, (9) defects in our products that could damage our reputation, decrease market acceptance and result in potentially costly litigation, (10) dependence on a limited number of suppliers, and (11) the impact of the COVID-19 pandemic, any related or unrelated public health threat or fear of such event on economic activity, us and our customers, suppliers, employees, and other business relations, including, but not limited to, demand for our products, workforce availability, and costs to manufacture our products. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission (the SEC), including other risks, relevant factors, and uncertainties identified in the "Risk Factors" section of our Annual Report on Form 10-K filed with the SEC on March 5, 2021. All forward-looking statements in this press release are based upon information available to us as of the date hereof, and qualified in their entirety by this cautionary statement. We undertake no obligation to update or revise any forward-looking statements contained herein, whether as a result of actual results, changes in our expectations, future events or developments, or otherwise, except as required by law. ICHOR HOLDINGS, LTD. Consolidated Balance Sheets (dollars in thousands, except per share amounts) (unaudited) March 26, 2021 December 25, 2020 Assets Current assets: Cash $ 242,946 $ 252,899 Accounts receivable, net 108,674 100,977 Inventories 144,062 134,756 Prepaid expenses and other current assets 7,347 7,082 Total current assets 503,029 495,714 Property and equipment, net 46,849 41,811 Operating lease right-of-use assets 9,378 10,088 Other noncurrent assets 5,800 5,503 Deferred tax assets, net 5,812 6,324 Intangible assets, net 36,454 39,845 Goodwill 174,887 174,887 Total assets $ 782,209 $ 774,172 Liabilities and Shareholders Equity Current liabilities: Accounts payable $ 140,669 $ 116,664 Accrued liabilities 16,992 20,792 Other current liabilities 11,778 10,700 Current portion of long-term debt 8,750 8,750 Current portion of lease liabilities 4,895 5,128 Total current liabilities 183,084 162,034 Long-term debt, less current portion, net 159,576 191,522 Lease liabilities, less current portion 4,804 5,272 Deferred tax liabilities, net 109 109 Other non-current liabilities 3,574 3,546 Total liabilities 351,147 362,483 Shareholders equity: Preferred shares ($0.0001 par value; 20,000,000 shares authorized; zero shares issued and outstanding) Ordinary shares ($0.0001 par value; 200,000,000 shares authorized; 28,070,251 and 27,907,077 shares outstanding, respectively; 32,507,690 and 32,344,516 shares issued, respectively) 3 3 Additional paid in capital 404,046 399,311 Treasury shares at cost (4,437,439 shares) (91,578 ) (91,578 ) Retained earnings 118,591 103,953 Total shareholders equity 431,062 411,689 Total liabilities and shareholders equity $ 782,209 $ 774,172 ICHOR HOLDINGS, LTD. Consolidated Statement of Operations (dollars in thousands, except per share amounts) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 Net sales $ 264,566 $ 244,966 $ 220,028 Cost of sales 225,054 210,616 191,254 Gross profit 39,512 34,350 28,774 Operating expenses: Research and development 3,515 3,261 3,322 Selling, general, and administrative 14,349 13,516 16,618 Amortization of intangible assets 3,391 3,357 3,334 Total operating expenses 21,255 20,134 23,274 Operating income 18,257 14,216 5,500 Interest expense 1,919 1,999 2,374 Other expense (income), net 185 321 (31 ) Income before income taxes 16,153 11,896 3,157 Income tax expense (benefit) 1,515 (625 ) (242 ) Net income $ 14,638 $ 12,521 $ 3,399 Net income per share: Basic $ 0.52 $ 0.52 $ 0.15 Diluted $ 0.51 $ 0.51 $ 0.15 Shares used to compute net income per share: Basic 28,004,248 24,066,287 22,737,163 Diluted 28,729,112 24,370,434 23,181,127 ICHOR HOLDINGS, LTD. Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 Cash flows from operating activities: Net income $ 14,638 $ 12,521 $ 3,399 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 5,657 6,217 5,737 Share-based compensation 2,415 2,452 2,865 Deferred income taxes 512 (1,751 ) 722 Amortization of debt issuance costs 242 242 243 Loss on sale of asset disposal group 3,575 Changes in operating assets and liabilities, net of acquisitions: Accounts receivable, net (7,697 ) 3,144 (2,724 ) Inventories (9,306 ) 2,019 (16,684 ) Prepaid expenses and other assets 512 (1,604 ) (868 ) Accounts payable 22,101 9,184 (12,380 ) Accrued liabilities (3,467 ) 3,720 (568 ) Other liabilities 41 418 (778 ) Net cash provided by (used in) operating activities 25,648 40,137 (21,036 ) Cash flows from investing activities: Capital expenditures (5,400 ) (2,010 ) (2,470 ) Cash paid for acquisitions, net of cash acquired (5,035 ) Proceeds from sale of property and equipment 739 Net cash used in investing activities (5,400 ) (6,306 ) (2,470 ) Cash flows from financing activities: Issuance of ordinary shares, net of fees 139,372 Issuance of ordinary shares under share-based compensation plans 2,654 3,223 2,658 Employees' taxes paid upon vesting of restricted share units (667 ) (259 ) (993 ) Borrowings on revolving credit facility 5,000 Repayments on revolving credit facility (30,000 ) Repayments on term loan (2,188 ) (2,187 ) (2,188 ) Net cash provided by (used in) financing activities (30,201 ) 140,149 4,477 Net increase (decrease) in cash (9,953 ) 173,980 (19,029 ) Cash at beginning of period 252,899 78,919 60,612 Cash at end of period $ 242,946 $ 252,899 $ 41,583 Supplemental disclosures of cash flow information: Cash paid during the period for interest $ 1,842 $ 1,809 $ 2,136 Cash paid during the period for taxes, net of refunds $ 667 $ 71 $ 34 Supplemental disclosures of non-cash activities: Capital expenditures included in accounts payable $ 2,273 $ 369 $ 652 Right-of-use assets obtained in exchange for new operating lease liabilities $ 364 $ 314 $ 328 ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit (dollars in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 U.S. GAAP gross profit $ 39,512 $ 34,350 $ 28,774 Non-GAAP adjustments: Share-based compensation 306 267 196 Other non-recurring expense, net (1) 106 3,743 Contract settlement loss (2) 1,386 Facility shutdown costs (3) 2,399 332 Fair value adjustment to inventory from acquisitions (4) 211 Non-GAAP gross profit $ 42,534 $ 38,692 $ 30,356 U.S. GAAP gross margin 14.9 % 14.0 % 13.1 % Non-GAAP gross margin 16.1 % 15.8 % 13.8 % (1) Included in this amount for the first quarter of 2021 is primarily a non-recurring settlement charge. Included in this amount for the fourth quarter of 2020 is a $3.6 million loss on the sale of inventories and property and equipment from our Tampa, Florida facility. Additionally, fourth quarter 2020 includes costs associated with restructuring and transitioning key leadership roles. (2) During the first quarter of 2020, we reached a mutual settlement with the counterparty of a contract dispute and, accordingly, recorded a $1.4 million contract settlement loss to cost of sales. (3) Included in this amount for the first quarter of 2021 are write-off costs associated with inventories determined during the quarter to be obsolete and severance costs associated with affected employees of $2.2 million and $0.2 million, respectively. Included in this amount for the fourth quarter of 2020 are severance costs and accelerated depreciation charges associated with property and equipment expected to be abandoned at the time of facility closure of $0.1 million and $0.2 million, respectively. These charges relate to the planned closure of our manufacturing facility in Union City, California, which we ceased operations in shortly after the close of our 2021 first quarter. (4) As part of our purchase price allocation for our acquisition of a precision machining operation in Mexico in December 2020, we recorded acquired-inventory at fair value, resulting in a fair value step-up of $0.2 million. This was subsequently released to cost of sales in the first quarter of 2021 as acquired-inventory was sold. ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Operating Income to Non-GAAP Operating Income (dollars in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 U.S. GAAP operating income $ 18,257 $ 14,216 $ 5,500 Non-GAAP adjustments: Amortization of intangible assets 3,391 3,357 3,334 Share-based compensation 2,415 2,452 2,865 Other non-recurring expense, net (1) 278 4,057 2,690 Contract settlement loss (2) 1,386 Facility shutdown costs (3) 2,510 446 Fair value adjustment to inventory from acquisitions (4) 211 Non-GAAP operating income $ 27,062 $ 24,528 $ 15,775 U.S. GAAP operating margin 6.9 % 5.8 % 2.5 % Non-GAAP operating margin 10.2 % 10.0 % 7.2 % (1) Included in this amount for the first quarter of 2021 are (i) non-capitalized costs incurred in connection with our implementation of a new ERP system and a Sarbanes-Oxley (SOX) compliance program and (ii) a non-recurring settlement charge. Included in this amount for the fourth quarter of 2020 are primarily (i) a $3.6 million loss on the sale of inventories and property and equipment from our Tampa, Florida facility, (ii) non-capitalized costs incurred in connection with our implementation of a new ERP system and a SOX compliance program, and (iii) costs associated with restructuring and transitioning key leadership roles. Included in this amount for the first quarter of 2020 are (i) a $1.8 million bonus payment to our former CEO in connection with his transition to executive chairman, (ii) acquisition-related expenses, comprised primarily of expense associated with a two-year retention agreement between the Company and key management personnel of IAN (the IAN retention agreement), which we acquired in April 2018, and (iii) non-capitalizable costs incurred in connection with our implementation of a new ERP system and a SOX compliance program. (2) See footnote 2 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. (3) Included in this amount for the first quarter of 2021 are write-off costs associated with inventories determined during the quarter to be obsolete and severance costs associated with affected employees of $2.2 million and $0.2 million, respectively. Included in this amount for the fourth quarter of 2020 are severance costs and accelerated depreciation charges associated with property and equipment expected to be abandoned at the time of facility closure of $0.1 million and $0.3 million, respectively. These charges relate to the planned closure of our manufacturing facility in Union City, California, which we ceased operations in shortly after the close of our 2021 first quarter. (4) See footnote 4 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income (dollars in thousands, except per share amounts) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 U.S. GAAP net income $ 14,638 $ 12,521 $ 3,399 Non-GAAP adjustments: Amortization of intangible assets 3,391 3,357 3,334 Share-based compensation 2,415 2,452 2,865 Other non-recurring expense, net (1) 278 4,057 2,690 Contract settlement loss (2) 1,386 Facility shutdown costs (3) 2,510 446 Fair value adjustment to inventory from acquisitions (4) 211 Tax adjustments related to non-GAAP adjustments (5) (1,718 ) (2,999 ) (1,616 ) Non-GAAP net income $ 21,725 $ 19,834 $ 12,058 U.S. GAAP diluted EPS $ 0.51 $ 0.51 $ 0.15 Non-GAAP diluted EPS $ 0.76 $ 0.81 $ 0.52 Shares used to compute diluted EPS 28,729,112 24,370,434 23,181,127 (1) See footnote 1 on Reconciliation of U.S. GAAP Operating Income to Non-GAAP Operating Income. (2) See footnote 2 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. (3) See footnote 3 on Reconciliation of U.S. GAAP Operating Income to Non-GAAP Operating Income. (4) See footnote 4 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. (5) Adjusts U.S. GAAP income tax expense (benefit) for impact of our non-GAAP adjustments, as defined, including the impacts of excluding share-based compensation, amortization of intangible assets, and other non-recurring expenses. This adjustment also excludes the impact of non-recurring discrete tax items. ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Net Cash Provided by Operating Activities to Free Cash Flow (in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 Net cash provided by (used in) operating activities $ 25,648 $ 40,137 $ (21,036 ) Capital expenditures (5,400 ) (2,010 ) (2,470 ) Free cash flow $ 20,248 $ 38,127 $ (23,506 ) Answer:

Ichor Holdings, Ltd. Announces First Quarter 2021 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, today announced first quarter 2021 financial results. Highlights for the first quarter of 2021: We are very pleased to report today a record quarter for Ichor, with revenues at the high end of our expectations and increasing 8% over a very strong fourth quarter, commented Jeff Andreson, chief executive officer of Ichor. Industry conditions for wafer fab equipment have continued to strengthen for four straight quarters now, and, in turn, we have demonstrated strong execution in a challenging operating environment in order to ramp our business in response to customer demand. In Q1, we again exhibited the operating leverage in our business model, with quarter-on-quarter increases in both gross margin and operating margin, while also delivering another quarter of strong free cash flow generation. Mr. Andreson concluded, Our current visibility through the end of 2021 indicates a stronger Q2 compared to Q1, a stronger second half compared to the first half, and continued incremental improvements to our profitability. With industry growth currently expected to continue through both this year and next year, we believe Ichor is extremely well-positioned to continue to deliver strong revenue growth and operational leverage. Q1 2021 Q4 2020 Q1 2020 (dollars in thousands, except per share amounts) U.S. GAAP Financial Results: Net sales $ 264,566 $ 244,966 $ 220,028 Gross margin 14.9 % 14.0 % 13.1 % Operating margin 6.9 % 5.8 % 2.5 % Net income $ 14,638 $ 12,521 $ 3,399 Diluted EPS $ 0.51 $ 0.51 $ 0.15 Q1 2021 Q4 2020 Q1 2020 (dollars in thousands, except per share amounts) Non-GAAP Financial Results: Gross margin 16.1 % 15.8 % 13.8 % Operating margin 10.2 % 10.0 % 7.2 % Net income $ 21,725 $ 19,834 $ 12,058 Diluted EPS $ 0.76 $ 0.81 $ 0.52 U.S. GAAP Financial Results Overview For the first quarter of 2021, revenue was $264.6 million, net income was $14.6 million, and net income per diluted share (diluted EPS) was $0.51. This compares to revenue of $245.0 million and $220.0 million, net income of $12.5 million and $3.4 million, and diluted EPS of $0.51 and $0.15, for the fourth and first quarter of 2020, respectively. Non-GAAP Financial Results Overview For the first quarter of 2021, non-GAAP net income was $21.7 million and non-GAAP diluted EPS was $0.76. This compares to non-GAAP net income of $19.8 million and $12.1 million, and non-GAAP diluted EPS of $0.81 and $0.52, for the fourth and first quarter of 2020, respectively. Second Quarter 2021 Financial Outlook For the second quarter of 2021, we expect revenue to be in the range of $270 million to $300 million. We expect GAAP diluted EPS to be in the range of $0.59 to $0.76 and non-GAAP diluted EPS to be in the range of $0.77 to $0.93. This outlook for non-GAAP diluted EPS excludes known charges related to amortization of intangible assets, share-based compensation expense, tax adjustments related to these non-GAAP adjustments, and non-recurring charges known at the time of providing this outlook. This outlook for non-GAAP diluted EPS excludes any items that are unknown at this time, such as non-recurring tax-related items or other unusual items which we are not able to predict without unreasonable efforts due to their inherent uncertainty. Balance Sheet and Cash Flow Results We ended the first quarter of 2021 with cash of $242.9 million, a decrease of $10.0 million from the end of the prior quarter. The decrease from the end of the prior quarter was primarily due to payments on long-term debt of $32.2 million, of which $30.0 million was a paydown on our revolving credit facility, and capital expenditures of $5.4 million, partially offset by cash provided by operating activities of $25.6 million and net proceeds from the issuance of shares under our share-based compensation plans of $2.0 million. Our cash provided by operating activities of $25.6 million for the first quarter of 2021 consisted of net income of $14.6 million, net non-cash charges of $8.8 million, and a decrease in our net operating assets and liabilities of $2.2 million. Net non-cash charges primarily consisted of depreciation and amortization of $5.7 million, share-based compensation of $2.4 million, and deferred taxes of $0.5 million. The increase in our net operating assets and liabilities was primarily due to an increase in accounts payable of $22.1 million, partially offset by increases in inventories and accounts receivable of $9.3 million and $7.7 million, respectively, and a decrease in accrued liabilities of $3.5 million. Use of Non-GAAP Financial Results In addition to U.S. GAAP results, this press release also contains non-GAAP financial results, including non-GAAP gross profit, non-GAAP operating income, non-GAAP net income, non-GAAP diluted EPS, and free cash flow. Management uses these non-GAAP metrics to evaluate our operating and financial results. We believe the presentation of non-GAAP results is useful to investors for analyzing business trends and comparing performance to prior periods, along with enhancing investors ability to view our results from managements perspective. Non-GAAP gross profit, operating income, and net income are defined as: gross profit, operating income, or net income excluding (1) amortization of intangible assets, share-based compensation expense, and non-recurring expenses, including contract settlement losses and facility shutdown costs, to the extent they are present in gross profit, operating income, and net income; and (2) the tax impacts associated with our non-GAAP adjustments, as well as non-recurring discrete tax items. Non-GAAP diluted EPS is defined as non-GAAP net income divided by weighted average diluted ordinary shares outstanding during the period. Free cash flow is defined as cash provided by operating activities, less capital expenditures. Tables showing these metrics on a GAAP and non-GAAP basis, with reconciliation footnotes thereto, are included at the end of this press release. Non-GAAP results have limitations as an analytical tool, and you should not consider them in isolation or as a substitute for our results reported under GAAP. Other companies may calculate non-GAAP results differently or may use other measures to evaluate their performance, both of which could reduce the usefulness of our non-GAAP results as a tool for comparison. Because of these limitations, you should consider non-GAAP results alongside other financial performance measures and results presented in accordance with GAAP. In addition, in evaluating non-GAAP results, you should be aware that in the future we will incur expenses such as those that are the subject of adjustments in deriving non-GAAP results and you should not infer from our presentation of non-GAAP results that our future results will not be affected by these expenses or any unusual or non-recurring items. Conference Call We will conduct a conference call to discuss our first quarter 2021 results and business outlook on May 4, 2021, at 1:30 p.m. PDT. To listen to a live webcast of the call, please visit our investor relations website at ir.ichorsystems.com, or go to the live link at webcasts.eqs.com/ichorholdings20210504. To listen via telephone, please call (877) 407-0989 (domestic) or +1 (201) 389-0921 (international), conference ID: 13718578. After the call, an on-demand replay will be available at the same webcast link. About Ichor We are a leader in the design, engineering and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Our product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also manufacture precision-machined components, weldments, and proprietary products for use in fluid delivery systems for direct sales to our customers, as well as certain components for internal use in fluid delivery systems and for direct sales to our customers. This vertically-integrated portion of our business is primarily focused on metal and plastic parts that are used in gas and chemical systems, respectively. We are headquartered in Fremont, CA. ichorsystems.com. We use a 52- or 53-week fiscal year ending on the last Friday in December. The three months ended March 26, 2021, December 25, 2020, and March 27, 2020 were all 13 weeks. References to the first quarter of 2021 and the fourth and first quarter of 2020 relate to the three-month periods then ended. Safe Harbor Statement Certain statements in this release are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "guidance," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates," look forward, and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding financial results for our second fiscal quarter of 2021, statements regarding the impacts of the COVID-19 pandemic, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially and adversely from these forward-looking statements, including: (1) dependence on expenditures by manufacturers and cyclical downturns in the semiconductor capital equipment industry, (2) reliance on a very small number of original equipment manufacturers for a significant portion of sales, (3) negotiating leverage held by our customers, (4) competitiveness and rapid evolution of the industries in which we participate, (5) risks associated with weakness in the global economy and geopolitical instability, (6) keeping pace with developments in the industries we serve and with technological innovation generally, (7) designing, developing and introducing new products that are accepted by original equipment manufacturers in order to retain our existing customers and obtain new customers, (8) managing our manufacturing and procurement process effectively, (9) defects in our products that could damage our reputation, decrease market acceptance and result in potentially costly litigation, (10) dependence on a limited number of suppliers, and (11) the impact of the COVID-19 pandemic, any related or unrelated public health threat or fear of such event on economic activity, us and our customers, suppliers, employees, and other business relations, including, but not limited to, demand for our products, workforce availability, and costs to manufacture our products. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission (the SEC), including other risks, relevant factors, and uncertainties identified in the "Risk Factors" section of our Annual Report on Form 10-K filed with the SEC on March 5, 2021. All forward-looking statements in this press release are based upon information available to us as of the date hereof, and qualified in their entirety by this cautionary statement. We undertake no obligation to update or revise any forward-looking statements contained herein, whether as a result of actual results, changes in our expectations, future events or developments, or otherwise, except as required by law. ICHOR HOLDINGS, LTD. Consolidated Balance Sheets (dollars in thousands, except per share amounts) (unaudited) March 26, 2021 December 25, 2020 Assets Current assets: Cash $ 242,946 $ 252,899 Accounts receivable, net 108,674 100,977 Inventories 144,062 134,756 Prepaid expenses and other current assets 7,347 7,082 Total current assets 503,029 495,714 Property and equipment, net 46,849 41,811 Operating lease right-of-use assets 9,378 10,088 Other noncurrent assets 5,800 5,503 Deferred tax assets, net 5,812 6,324 Intangible assets, net 36,454 39,845 Goodwill 174,887 174,887 Total assets $ 782,209 $ 774,172 Liabilities and Shareholders Equity Current liabilities: Accounts payable $ 140,669 $ 116,664 Accrued liabilities 16,992 20,792 Other current liabilities 11,778 10,700 Current portion of long-term debt 8,750 8,750 Current portion of lease liabilities 4,895 5,128 Total current liabilities 183,084 162,034 Long-term debt, less current portion, net 159,576 191,522 Lease liabilities, less current portion 4,804 5,272 Deferred tax liabilities, net 109 109 Other non-current liabilities 3,574 3,546 Total liabilities 351,147 362,483 Shareholders equity: Preferred shares ($0.0001 par value; 20,000,000 shares authorized; zero shares issued and outstanding) Ordinary shares ($0.0001 par value; 200,000,000 shares authorized; 28,070,251 and 27,907,077 shares outstanding, respectively; 32,507,690 and 32,344,516 shares issued, respectively) 3 3 Additional paid in capital 404,046 399,311 Treasury shares at cost (4,437,439 shares) (91,578 ) (91,578 ) Retained earnings 118,591 103,953 Total shareholders equity 431,062 411,689 Total liabilities and shareholders equity $ 782,209 $ 774,172 ICHOR HOLDINGS, LTD. Consolidated Statement of Operations (dollars in thousands, except per share amounts) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 Net sales $ 264,566 $ 244,966 $ 220,028 Cost of sales 225,054 210,616 191,254 Gross profit 39,512 34,350 28,774 Operating expenses: Research and development 3,515 3,261 3,322 Selling, general, and administrative 14,349 13,516 16,618 Amortization of intangible assets 3,391 3,357 3,334 Total operating expenses 21,255 20,134 23,274 Operating income 18,257 14,216 5,500 Interest expense 1,919 1,999 2,374 Other expense (income), net 185 321 (31 ) Income before income taxes 16,153 11,896 3,157 Income tax expense (benefit) 1,515 (625 ) (242 ) Net income $ 14,638 $ 12,521 $ 3,399 Net income per share: Basic $ 0.52 $ 0.52 $ 0.15 Diluted $ 0.51 $ 0.51 $ 0.15 Shares used to compute net income per share: Basic 28,004,248 24,066,287 22,737,163 Diluted 28,729,112 24,370,434 23,181,127 ICHOR HOLDINGS, LTD. Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 Cash flows from operating activities: Net income $ 14,638 $ 12,521 $ 3,399 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 5,657 6,217 5,737 Share-based compensation 2,415 2,452 2,865 Deferred income taxes 512 (1,751 ) 722 Amortization of debt issuance costs 242 242 243 Loss on sale of asset disposal group 3,575 Changes in operating assets and liabilities, net of acquisitions: Accounts receivable, net (7,697 ) 3,144 (2,724 ) Inventories (9,306 ) 2,019 (16,684 ) Prepaid expenses and other assets 512 (1,604 ) (868 ) Accounts payable 22,101 9,184 (12,380 ) Accrued liabilities (3,467 ) 3,720 (568 ) Other liabilities 41 418 (778 ) Net cash provided by (used in) operating activities 25,648 40,137 (21,036 ) Cash flows from investing activities: Capital expenditures (5,400 ) (2,010 ) (2,470 ) Cash paid for acquisitions, net of cash acquired (5,035 ) Proceeds from sale of property and equipment 739 Net cash used in investing activities (5,400 ) (6,306 ) (2,470 ) Cash flows from financing activities: Issuance of ordinary shares, net of fees 139,372 Issuance of ordinary shares under share-based compensation plans 2,654 3,223 2,658 Employees' taxes paid upon vesting of restricted share units (667 ) (259 ) (993 ) Borrowings on revolving credit facility 5,000 Repayments on revolving credit facility (30,000 ) Repayments on term loan (2,188 ) (2,187 ) (2,188 ) Net cash provided by (used in) financing activities (30,201 ) 140,149 4,477 Net increase (decrease) in cash (9,953 ) 173,980 (19,029 ) Cash at beginning of period 252,899 78,919 60,612 Cash at end of period $ 242,946 $ 252,899 $ 41,583 Supplemental disclosures of cash flow information: Cash paid during the period for interest $ 1,842 $ 1,809 $ 2,136 Cash paid during the period for taxes, net of refunds $ 667 $ 71 $ 34 Supplemental disclosures of non-cash activities: Capital expenditures included in accounts payable $ 2,273 $ 369 $ 652 Right-of-use assets obtained in exchange for new operating lease liabilities $ 364 $ 314 $ 328 ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit (dollars in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 U.S. GAAP gross profit $ 39,512 $ 34,350 $ 28,774 Non-GAAP adjustments: Share-based compensation 306 267 196 Other non-recurring expense, net (1) 106 3,743 Contract settlement loss (2) 1,386 Facility shutdown costs (3) 2,399 332 Fair value adjustment to inventory from acquisitions (4) 211 Non-GAAP gross profit $ 42,534 $ 38,692 $ 30,356 U.S. GAAP gross margin 14.9 % 14.0 % 13.1 % Non-GAAP gross margin 16.1 % 15.8 % 13.8 % (1) Included in this amount for the first quarter of 2021 is primarily a non-recurring settlement charge. Included in this amount for the fourth quarter of 2020 is a $3.6 million loss on the sale of inventories and property and equipment from our Tampa, Florida facility. Additionally, fourth quarter 2020 includes costs associated with restructuring and transitioning key leadership roles. (2) During the first quarter of 2020, we reached a mutual settlement with the counterparty of a contract dispute and, accordingly, recorded a $1.4 million contract settlement loss to cost of sales. (3) Included in this amount for the first quarter of 2021 are write-off costs associated with inventories determined during the quarter to be obsolete and severance costs associated with affected employees of $2.2 million and $0.2 million, respectively. Included in this amount for the fourth quarter of 2020 are severance costs and accelerated depreciation charges associated with property and equipment expected to be abandoned at the time of facility closure of $0.1 million and $0.2 million, respectively. These charges relate to the planned closure of our manufacturing facility in Union City, California, which we ceased operations in shortly after the close of our 2021 first quarter. (4) As part of our purchase price allocation for our acquisition of a precision machining operation in Mexico in December 2020, we recorded acquired-inventory at fair value, resulting in a fair value step-up of $0.2 million. This was subsequently released to cost of sales in the first quarter of 2021 as acquired-inventory was sold. ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Operating Income to Non-GAAP Operating Income (dollars in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 U.S. GAAP operating income $ 18,257 $ 14,216 $ 5,500 Non-GAAP adjustments: Amortization of intangible assets 3,391 3,357 3,334 Share-based compensation 2,415 2,452 2,865 Other non-recurring expense, net (1) 278 4,057 2,690 Contract settlement loss (2) 1,386 Facility shutdown costs (3) 2,510 446 Fair value adjustment to inventory from acquisitions (4) 211 Non-GAAP operating income $ 27,062 $ 24,528 $ 15,775 U.S. GAAP operating margin 6.9 % 5.8 % 2.5 % Non-GAAP operating margin 10.2 % 10.0 % 7.2 % (1) Included in this amount for the first quarter of 2021 are (i) non-capitalized costs incurred in connection with our implementation of a new ERP system and a Sarbanes-Oxley (SOX) compliance program and (ii) a non-recurring settlement charge. Included in this amount for the fourth quarter of 2020 are primarily (i) a $3.6 million loss on the sale of inventories and property and equipment from our Tampa, Florida facility, (ii) non-capitalized costs incurred in connection with our implementation of a new ERP system and a SOX compliance program, and (iii) costs associated with restructuring and transitioning key leadership roles. Included in this amount for the first quarter of 2020 are (i) a $1.8 million bonus payment to our former CEO in connection with his transition to executive chairman, (ii) acquisition-related expenses, comprised primarily of expense associated with a two-year retention agreement between the Company and key management personnel of IAN (the IAN retention agreement), which we acquired in April 2018, and (iii) non-capitalizable costs incurred in connection with our implementation of a new ERP system and a SOX compliance program. (2) See footnote 2 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. (3) Included in this amount for the first quarter of 2021 are write-off costs associated with inventories determined during the quarter to be obsolete and severance costs associated with affected employees of $2.2 million and $0.2 million, respectively. Included in this amount for the fourth quarter of 2020 are severance costs and accelerated depreciation charges associated with property and equipment expected to be abandoned at the time of facility closure of $0.1 million and $0.3 million, respectively. These charges relate to the planned closure of our manufacturing facility in Union City, California, which we ceased operations in shortly after the close of our 2021 first quarter. (4) See footnote 4 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income (dollars in thousands, except per share amounts) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 U.S. GAAP net income $ 14,638 $ 12,521 $ 3,399 Non-GAAP adjustments: Amortization of intangible assets 3,391 3,357 3,334 Share-based compensation 2,415 2,452 2,865 Other non-recurring expense, net (1) 278 4,057 2,690 Contract settlement loss (2) 1,386 Facility shutdown costs (3) 2,510 446 Fair value adjustment to inventory from acquisitions (4) 211 Tax adjustments related to non-GAAP adjustments (5) (1,718 ) (2,999 ) (1,616 ) Non-GAAP net income $ 21,725 $ 19,834 $ 12,058 U.S. GAAP diluted EPS $ 0.51 $ 0.51 $ 0.15 Non-GAAP diluted EPS $ 0.76 $ 0.81 $ 0.52 Shares used to compute diluted EPS 28,729,112 24,370,434 23,181,127 (1) See footnote 1 on Reconciliation of U.S. GAAP Operating Income to Non-GAAP Operating Income. (2) See footnote 2 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. (3) See footnote 3 on Reconciliation of U.S. GAAP Operating Income to Non-GAAP Operating Income. (4) See footnote 4 on Reconciliation of U.S. GAAP Gross Profit to Non-GAAP Gross Profit. (5) Adjusts U.S. GAAP income tax expense (benefit) for impact of our non-GAAP adjustments, as defined, including the impacts of excluding share-based compensation, amortization of intangible assets, and other non-recurring expenses. This adjustment also excludes the impact of non-recurring discrete tax items. ICHOR HOLDINGS, LTD. Reconciliation of U.S. GAAP Net Cash Provided by Operating Activities to Free Cash Flow (in thousands) (unaudited) Three Months Ended March 26, 2021 December 25, 2020 March 27, 2020 Net cash provided by (used in) operating activities $ 25,648 $ 40,137 $ (21,036 ) Capital expenditures (5,400 ) (2,010 ) (2,470 ) Free cash flow $ 20,248 $ 38,127 $ (23,506 )

edtsum439

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: LAS VEGAS & TORONTO--(BUSINESS WIRE)--Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, is pleased to announce the closing on March 17, 2021 of the third tranche of its 2021 convertible debenture offering. Im truly inspired every day by the amazing work our team does at Flower One, said Salpy Boyajian, Flower Ones Executive Vice President and Chairwoman of the Board. The overall progress and accomplishments we have made over the last several months are a direct reflection of the strength of Flower One. The company has closed the final tranche of its previously announced convertible debenture unit financing (the Offering), raising aggregate gross proceeds of CAD$2,550,383.99 (USD$2,008,302.88) (the Third Tranche). The third tranche of the Offering includes the issuance of an additional 2,546 convertible debenture units (each, a Debenture Unit) at a price of CAD$1,000 per Debenture Unit. Together with the first and second tranche of the Offering, the Company has issued a total of 24,118 Debenture Units, for aggregate gross proceeds of approximately CAD$24,134,219.89 (USD$19,004,519.88), from a number of strategic investors including JW Asset Management. Each Debenture Unit consists of one 9.0% unsecured convertible debenture of the Company (each a Convertible Debenture) having a maturity date of three years from the date of issuance (the Maturity Date) and 1,923 common share purchase warrants (each a Warrant and collectively, the Warrants), representing a 50% warrant coverage, with each whole Warrant entitling the holder thereof to purchase one common share of the Company at an exercise price of CAD$0.39 at any time up to 36 months from the date of issuance. In the event that the common shares of the Company (each, a Common Share and collectively, the Common Shares) trade on the Canadian Securities Exchange (the CSE) at a closing price equal to or greater than CAD$0.90 for a period of twenty (20) consecutive trading days, the Company may implement an accelerated expiry date of the Warrants by giving notice to the holders of the Warrants of the accelerated expiry date and, thereafter, any unexercised Warrants will expire on the date that is ninety (90) days following the delivery of such notice. The principal amount of each Convertible Debenture (the Principal Amount) will be convertible, for no additional consideration, into Common Shares (each a Conversion Share and collectively, the Conversion Shares) at the option of the holder at any time prior to the earlier of: (i) the close of business on the Maturity Date, and (ii) the business day immediately preceding the date specified by the Company for conversion of the Convertible Debentures upon the Common Shares trading on the CSE at a price greater than CAD$0.50 for a period of ten (10) consecutive trading days at a conversion price equal to CAD$0.26 (the Conversion Price). The Company may force the conversion of the principal amount of the then outstanding Convertible Debentures at the Conversion Price should the trading price of the Common Shares on the CSE be greater than $0.50 for a period of ten (10) consecutive trading days. The Principal Amount and the interest accrued thereon will otherwise be payable in cash on the Maturity Date, and have a default interest rate of an additional 3%, for a total aggregate default interest rate of 12%. The Convertible Debentures issued under the Third Tranche also provide the holders thereof with the option to receive the early repayment of their Convertible Debentures (the Early Repayment Right) in the event that the previously announced amendments (the Amendments) to the Companys debenture indenture dated March 28, 2019 (the March Debenture Indenture) are not completed on or before June 15, 2021. The Early Repayment Right will terminate and be of no further force and effect upon holders representing 66 2/3% of the unsecured convertible debentures issued pursuant to the March Debenture Indenture agreeing with the Company to vote in favour of the Amendments. In connection with the Offering, the Company will pay finders fees to certain finders as follows: (i) payment in cash in amounts equal to between 2% and 4% of the aggregate gross proceeds from investors introduced to the Company by such finders; and (ii) units consisting of one share of common stock and one half warrant or, in one case, just warrants to acquire common stock, ranging from 4% to 6% of the aggregate gross proceeds. The net proceeds received by the Company from the Offering, including the Third Tranche, are intended to be used for working capital, previous debt obligations, general corporate purposes, along with regular maintenance and improvements to the facility. About Flower One Holdings Inc. Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. By combining more than 20 years of greenhouse operational excellence with best-in-class cannabis operators, Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands (Cookies, Kiva, 22Red Old Pal, Heavy Hitters, Lift Tickets, Huxton, The Clear, and Flower Ones leading in-house brand, NLVO, and more). Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis. Flower Ones Nevada footprint includes the Companys flagship facility, a 400,000 square-foot high-tech greenhouse and 55,000 square-foot production facility, as well as a second site with a 25,000 square-foot indoor cultivation facility and commercial kitchen. Flower One has built an industry-leading team focused on becoming the first high-quality, low-cost brand fulfillment partner. The Companys common shares are traded on the Canadian Securities Exchange under the Companys symbol FONE, in the United States on the OTCQX Best Market under the symbol FLOOF and on the Frankfurt Stock Exchange under the symbol F11. For more information, visit: https://flowerone.com. Cautionary Note Regarding Forward-Looking Information Statements in this press release that are not statements of historical or current fact constitute "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of United States securities laws (collectively, "forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from historical results or from any future actual results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "potential," "should," "may," "will," "plans," "continue" or other similar expressions to be uncertain and forward-looking. Forward-looking statements may include, without limitation, the conversion of the Convertible Debentures and Warrants; the use of proceeds from the Offering; the Companys leadership as a cannabis cultivator, producer, innovator and full-service brand fulfillment partner; the Companys ability to offer consistent, reliable and scalable fulfilment to a growing number of industry-leading brand partners; and the production of a wide range of products for the nations top-performing brands. The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational and medicinal cannabis marketplaces in the United States through its subsidiary Cana Nevada Corp. Local state laws where Cana Nevada Corp. operates permit such activities; however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Companys business are contained under the heading "Risk Factors" in the Companys managements discussion and analysis for the nine and three months ended September 30, 2020 (the "MD&A"). The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement, the "Forward-Looking Statements" section contained in the MD&A. All forward-looking statements in this press release are made as of the date of this press release. The forward-looking statements contained herein are also subject generally to assumptions and risks and uncertainties that are described from time to time in the Companys public securities filings with the Canadian securities commissions, including the Companys MD&A. Although Flower One has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining debentureholder and regulatory approvals; investing in target companies or projects that are engaged in activities currently considered illegal under United States federal law; changes in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry; and regulatory or political change. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Flower One disclaims and does not undertake any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. NEITHER THE CANADIAN SECURITIES EXCHANGE NOR THEIR REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Answer:

Flower One Closes Final Tranche of its Convertible Debenture Offering Following Additional Investor Support The Company accepts an additional CAD$2.5M, for an aggregate of CAD$24.1M (USD$19M)

LAS VEGAS & TORONTO--(BUSINESS WIRE)--Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, is pleased to announce the closing on March 17, 2021 of the third tranche of its 2021 convertible debenture offering. Im truly inspired every day by the amazing work our team does at Flower One, said Salpy Boyajian, Flower Ones Executive Vice President and Chairwoman of the Board. The overall progress and accomplishments we have made over the last several months are a direct reflection of the strength of Flower One. The company has closed the final tranche of its previously announced convertible debenture unit financing (the Offering), raising aggregate gross proceeds of CAD$2,550,383.99 (USD$2,008,302.88) (the Third Tranche). The third tranche of the Offering includes the issuance of an additional 2,546 convertible debenture units (each, a Debenture Unit) at a price of CAD$1,000 per Debenture Unit. Together with the first and second tranche of the Offering, the Company has issued a total of 24,118 Debenture Units, for aggregate gross proceeds of approximately CAD$24,134,219.89 (USD$19,004,519.88), from a number of strategic investors including JW Asset Management. Each Debenture Unit consists of one 9.0% unsecured convertible debenture of the Company (each a Convertible Debenture) having a maturity date of three years from the date of issuance (the Maturity Date) and 1,923 common share purchase warrants (each a Warrant and collectively, the Warrants), representing a 50% warrant coverage, with each whole Warrant entitling the holder thereof to purchase one common share of the Company at an exercise price of CAD$0.39 at any time up to 36 months from the date of issuance. In the event that the common shares of the Company (each, a Common Share and collectively, the Common Shares) trade on the Canadian Securities Exchange (the CSE) at a closing price equal to or greater than CAD$0.90 for a period of twenty (20) consecutive trading days, the Company may implement an accelerated expiry date of the Warrants by giving notice to the holders of the Warrants of the accelerated expiry date and, thereafter, any unexercised Warrants will expire on the date that is ninety (90) days following the delivery of such notice. The principal amount of each Convertible Debenture (the Principal Amount) will be convertible, for no additional consideration, into Common Shares (each a Conversion Share and collectively, the Conversion Shares) at the option of the holder at any time prior to the earlier of: (i) the close of business on the Maturity Date, and (ii) the business day immediately preceding the date specified by the Company for conversion of the Convertible Debentures upon the Common Shares trading on the CSE at a price greater than CAD$0.50 for a period of ten (10) consecutive trading days at a conversion price equal to CAD$0.26 (the Conversion Price). The Company may force the conversion of the principal amount of the then outstanding Convertible Debentures at the Conversion Price should the trading price of the Common Shares on the CSE be greater than $0.50 for a period of ten (10) consecutive trading days. The Principal Amount and the interest accrued thereon will otherwise be payable in cash on the Maturity Date, and have a default interest rate of an additional 3%, for a total aggregate default interest rate of 12%. The Convertible Debentures issued under the Third Tranche also provide the holders thereof with the option to receive the early repayment of their Convertible Debentures (the Early Repayment Right) in the event that the previously announced amendments (the Amendments) to the Companys debenture indenture dated March 28, 2019 (the March Debenture Indenture) are not completed on or before June 15, 2021. The Early Repayment Right will terminate and be of no further force and effect upon holders representing 66 2/3% of the unsecured convertible debentures issued pursuant to the March Debenture Indenture agreeing with the Company to vote in favour of the Amendments. In connection with the Offering, the Company will pay finders fees to certain finders as follows: (i) payment in cash in amounts equal to between 2% and 4% of the aggregate gross proceeds from investors introduced to the Company by such finders; and (ii) units consisting of one share of common stock and one half warrant or, in one case, just warrants to acquire common stock, ranging from 4% to 6% of the aggregate gross proceeds. The net proceeds received by the Company from the Offering, including the Third Tranche, are intended to be used for working capital, previous debt obligations, general corporate purposes, along with regular maintenance and improvements to the facility. About Flower One Holdings Inc. Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. By combining more than 20 years of greenhouse operational excellence with best-in-class cannabis operators, Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands (Cookies, Kiva, 22Red Old Pal, Heavy Hitters, Lift Tickets, Huxton, The Clear, and Flower Ones leading in-house brand, NLVO, and more). Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis. Flower Ones Nevada footprint includes the Companys flagship facility, a 400,000 square-foot high-tech greenhouse and 55,000 square-foot production facility, as well as a second site with a 25,000 square-foot indoor cultivation facility and commercial kitchen. Flower One has built an industry-leading team focused on becoming the first high-quality, low-cost brand fulfillment partner. The Companys common shares are traded on the Canadian Securities Exchange under the Companys symbol FONE, in the United States on the OTCQX Best Market under the symbol FLOOF and on the Frankfurt Stock Exchange under the symbol F11. For more information, visit: https://flowerone.com. Cautionary Note Regarding Forward-Looking Information Statements in this press release that are not statements of historical or current fact constitute "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of United States securities laws (collectively, "forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from historical results or from any future actual results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "potential," "should," "may," "will," "plans," "continue" or other similar expressions to be uncertain and forward-looking. Forward-looking statements may include, without limitation, the conversion of the Convertible Debentures and Warrants; the use of proceeds from the Offering; the Companys leadership as a cannabis cultivator, producer, innovator and full-service brand fulfillment partner; the Companys ability to offer consistent, reliable and scalable fulfilment to a growing number of industry-leading brand partners; and the production of a wide range of products for the nations top-performing brands. The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational and medicinal cannabis marketplaces in the United States through its subsidiary Cana Nevada Corp. Local state laws where Cana Nevada Corp. operates permit such activities; however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Companys business are contained under the heading "Risk Factors" in the Companys managements discussion and analysis for the nine and three months ended September 30, 2020 (the "MD&A"). The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement, the "Forward-Looking Statements" section contained in the MD&A. All forward-looking statements in this press release are made as of the date of this press release. The forward-looking statements contained herein are also subject generally to assumptions and risks and uncertainties that are described from time to time in the Companys public securities filings with the Canadian securities commissions, including the Companys MD&A. Although Flower One has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining debentureholder and regulatory approvals; investing in target companies or projects that are engaged in activities currently considered illegal under United States federal law; changes in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry; and regulatory or political change. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Flower One disclaims and does not undertake any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. NEITHER THE CANADIAN SECURITIES EXCHANGE NOR THEIR REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

edtsum440

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 9, 2021 /PRNewswire/ -- After facing scrutiny last spring, new research suggests that using cannabis to help treat and prevent COVID-19 isn't so far-fetched after all. Researchers at the University of Lethbridge are advancing to clinical trials after study results revealed that certain cannabis strains might help prevent COVID-19 patients from experiencing acute respiratory distress (ARDS). At the same time, Michigan State University professor of pharmacology and toxicology Norbert Kaminski is working with GB Sciences, a biopharmaceutical company, to develop a drug that prevents the lung inflammation that some experience after contracting COVID-19 that can lead to trouble breathing and death. The positive test results from these various studies bode well for cannabis companies that have a stake in the edibles and extracts sector, such as industry giants Canopy Growth (NASDAQ:CGC) (TSX:WEED), Tilray, Inc. (NASDAQ:TLRY), Aphria (NASDAQ:APHA) (TSX:APHA), HEXO Corp. (NYSE:HEXO) (TSX:HEXO), and plant-based extraction company Pure Extracts Technologies (CSE:PULL) (OTCPK:PRXTF). Pure Extract Technologies, which is focused on producing the purest and highest quality cannabis oil at its all-new, state-of-the-art EU-GMP certified processing facility, has the ability to not only produce its own line of high-quality cannabis oil products but to distribute its concentrates through existing distribution channels. In January, Pure Extracts Technologies took advantage of low biomass prices by entering into a substantial purchase agreement in order to scale-up production of both its THC and CBD extracts. The company agreed to purchase 220 kilograms of high-potency cannabis dried flower from a large Canadian licensed producer and 1,000 kgs of high-potency CBD biomass from a top Western Canadian cultivator. Less than a month later, Pure Extracts Technologies announced its first commercial sale of its 85% pure CBD distillate, which is ideally suited for cannabis 2.0 products like edibles, vape pens, and cannabis-infused beverages. Pure Extracts has also been working on developing its own line of products and recently submitted a Notice of New Cannabis Product application to Health Canada and over 20 SKUs for its THC and CBD vapes and three different formulations of gummies. The company has also signed an agreement with fully integrated medical cannabis company Canada House Wellness Group, which will distribute its line of concentrate products through its established provincial distribution channels. While Pure Extracts Technologies is targeting the recreational adult-use cannabis market with its 34 proprietary formulations of 'Pure Pulls' full spectrum oil vapes and its new line of 'Pure Chews' edible gummies, the high-purity oil could be a good candidate for medical cannabis developments, including cannabis mouthwash that could potentially help in the fight against COVID-19. Researchers Develop Medical Cannabis Oral Rinse for Potential Treatment of COVID-19 In April 2020, pandemic panic sparked several sensational claims that cannabis could cure COVID-19, which were quickly chalked up to hearsay. However, more and more research is pointing to the plant's potential role in the fight against viral outbreaks like the coronavirus. For the last four years, University of Lethbridge biology professors Igor and Olga Kovalchuk have been working with cannabis strains around the world to create new hybrids that have certain therapeutic properties. In February 2021, the pair revealed that the results from their research demonstrate that certain high-CBD cannabis sativas have the potential to become a useful and safe addition to COVID-19 treatment and could be developed into preventative treatments in the form of mouthwash, inhalers, or throat gargles. While the professors still need to conduct animal and human studies to test the efficacy of the strains, the initial results are very promising. If cannabis mouth rinses prove to be a success, it could bode well for companies already involved in the infused beverages space. Canadian pharmaceutical and cannabis company Tilray, Inc. (NASDAQ:TLRY) entered the cannabis beverages space in 2019 through a joint venture with the world's largest brewer and Budweiser's parent company Anheuser-Busch. In December 2019, the JV announced that it would be launching CBD-infused teas in Canada, with non-alcoholic sparkling drinks to follow in 2020. In December 2019, their company Fluent Beverages launched its first 98% pure CBD-infused beverage. Tilraywill likely increase its cannabis beverage offerings following the announcement of an all-stock merger with Aphria (NASDAQ:APHA) (TSX:APHA). The $4 billion deal will not only make the pair the world's largest cannabis company by revenue, but it will also boost their cannabis beverage-making capabilities thanks to Aphria's recent purchase of Sweetwater Brewing. Canopy Growth (NASDAQ:CGC) (TSX:WEED)entered the cannabis beverage space in 2020 when it received backing from US alcoholic beverage giant Constellation Brands. The company launched its first THC-infused drink to the Canadian market in March 2020 and has continued to roll out its North American strategy. In November, Canopy expanded its beverage portfolio with a CBD-infused beverage line, which is now being launched in the US. Molson Coors Canada and Quebec-based cannabis producer HEXO Corp. (NYSE:HEXO) (TSX:HEXO) announced a similar partnership in 2019 and finally launched their cannabis-infused beverage to the market in August 2020 under the brand name Truss Beverage. In January 2021, Truss announced the US launch of Verywell, a new line of non-alcoholic sparkling CBD beverages, which will be available in Colorado. It's unclear whether or not cannabis beverage producers will have the opportunity to develop infused drinks with therapeutic properties, but with growing research and development surrounding the potential benefits of cannabis, it could very well become a reality. Plant-based extraction company Pure Extracts Technologies could also benefit the medical cannabis market with its high-purity extraction methods. In the meantime, the company is focused on building a presence in the cannabis edibles market. For more information on Pure Extracts Technologies (CSE:PULL) (OTC:PRXTF), please visit this link. DISCLAIMER: Microsmallcap.com (MSC) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. The Article and content related to the profiled company represent the personal and subjective views of the Author (MSC), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (MSC) has not independently verified or otherwise investigated all such information. None of the Author, MSC, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by MSC, a non-affiliated third party to distribute this release on behalf of Pure Extracts. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MSC and FNM undertake no obligation to update such statements. Media Contact:FN Media Group, LLC[emailprotected]+1(561)325-8757 SOURCE Microsmallcap.com Answer:

Study Shows that Cannabis Extracts May Help in the Prevention of Certain CV19 Symptoms FN Media Group Presents Microsmallcap.com Market Commentary

NEW YORK, March 9, 2021 /PRNewswire/ -- After facing scrutiny last spring, new research suggests that using cannabis to help treat and prevent COVID-19 isn't so far-fetched after all. Researchers at the University of Lethbridge are advancing to clinical trials after study results revealed that certain cannabis strains might help prevent COVID-19 patients from experiencing acute respiratory distress (ARDS). At the same time, Michigan State University professor of pharmacology and toxicology Norbert Kaminski is working with GB Sciences, a biopharmaceutical company, to develop a drug that prevents the lung inflammation that some experience after contracting COVID-19 that can lead to trouble breathing and death. The positive test results from these various studies bode well for cannabis companies that have a stake in the edibles and extracts sector, such as industry giants Canopy Growth (NASDAQ:CGC) (TSX:WEED), Tilray, Inc. (NASDAQ:TLRY), Aphria (NASDAQ:APHA) (TSX:APHA), HEXO Corp. (NYSE:HEXO) (TSX:HEXO), and plant-based extraction company Pure Extracts Technologies (CSE:PULL) (OTCPK:PRXTF). Pure Extract Technologies, which is focused on producing the purest and highest quality cannabis oil at its all-new, state-of-the-art EU-GMP certified processing facility, has the ability to not only produce its own line of high-quality cannabis oil products but to distribute its concentrates through existing distribution channels. In January, Pure Extracts Technologies took advantage of low biomass prices by entering into a substantial purchase agreement in order to scale-up production of both its THC and CBD extracts. The company agreed to purchase 220 kilograms of high-potency cannabis dried flower from a large Canadian licensed producer and 1,000 kgs of high-potency CBD biomass from a top Western Canadian cultivator. Less than a month later, Pure Extracts Technologies announced its first commercial sale of its 85% pure CBD distillate, which is ideally suited for cannabis 2.0 products like edibles, vape pens, and cannabis-infused beverages. Pure Extracts has also been working on developing its own line of products and recently submitted a Notice of New Cannabis Product application to Health Canada and over 20 SKUs for its THC and CBD vapes and three different formulations of gummies. The company has also signed an agreement with fully integrated medical cannabis company Canada House Wellness Group, which will distribute its line of concentrate products through its established provincial distribution channels. While Pure Extracts Technologies is targeting the recreational adult-use cannabis market with its 34 proprietary formulations of 'Pure Pulls' full spectrum oil vapes and its new line of 'Pure Chews' edible gummies, the high-purity oil could be a good candidate for medical cannabis developments, including cannabis mouthwash that could potentially help in the fight against COVID-19. Researchers Develop Medical Cannabis Oral Rinse for Potential Treatment of COVID-19 In April 2020, pandemic panic sparked several sensational claims that cannabis could cure COVID-19, which were quickly chalked up to hearsay. However, more and more research is pointing to the plant's potential role in the fight against viral outbreaks like the coronavirus. For the last four years, University of Lethbridge biology professors Igor and Olga Kovalchuk have been working with cannabis strains around the world to create new hybrids that have certain therapeutic properties. In February 2021, the pair revealed that the results from their research demonstrate that certain high-CBD cannabis sativas have the potential to become a useful and safe addition to COVID-19 treatment and could be developed into preventative treatments in the form of mouthwash, inhalers, or throat gargles. While the professors still need to conduct animal and human studies to test the efficacy of the strains, the initial results are very promising. If cannabis mouth rinses prove to be a success, it could bode well for companies already involved in the infused beverages space. Canadian pharmaceutical and cannabis company Tilray, Inc. (NASDAQ:TLRY) entered the cannabis beverages space in 2019 through a joint venture with the world's largest brewer and Budweiser's parent company Anheuser-Busch. In December 2019, the JV announced that it would be launching CBD-infused teas in Canada, with non-alcoholic sparkling drinks to follow in 2020. In December 2019, their company Fluent Beverages launched its first 98% pure CBD-infused beverage. Tilraywill likely increase its cannabis beverage offerings following the announcement of an all-stock merger with Aphria (NASDAQ:APHA) (TSX:APHA). The $4 billion deal will not only make the pair the world's largest cannabis company by revenue, but it will also boost their cannabis beverage-making capabilities thanks to Aphria's recent purchase of Sweetwater Brewing. Canopy Growth (NASDAQ:CGC) (TSX:WEED)entered the cannabis beverage space in 2020 when it received backing from US alcoholic beverage giant Constellation Brands. The company launched its first THC-infused drink to the Canadian market in March 2020 and has continued to roll out its North American strategy. In November, Canopy expanded its beverage portfolio with a CBD-infused beverage line, which is now being launched in the US. Molson Coors Canada and Quebec-based cannabis producer HEXO Corp. (NYSE:HEXO) (TSX:HEXO) announced a similar partnership in 2019 and finally launched their cannabis-infused beverage to the market in August 2020 under the brand name Truss Beverage. In January 2021, Truss announced the US launch of Verywell, a new line of non-alcoholic sparkling CBD beverages, which will be available in Colorado. It's unclear whether or not cannabis beverage producers will have the opportunity to develop infused drinks with therapeutic properties, but with growing research and development surrounding the potential benefits of cannabis, it could very well become a reality. Plant-based extraction company Pure Extracts Technologies could also benefit the medical cannabis market with its high-purity extraction methods. In the meantime, the company is focused on building a presence in the cannabis edibles market. For more information on Pure Extracts Technologies (CSE:PULL) (OTC:PRXTF), please visit this link. DISCLAIMER: Microsmallcap.com (MSC) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. The Article and content related to the profiled company represent the personal and subjective views of the Author (MSC), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (MSC) has not independently verified or otherwise investigated all such information. None of the Author, MSC, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by MSC, a non-affiliated third party to distribute this release on behalf of Pure Extracts. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MSC and FNM undertake no obligation to update such statements. Media Contact:FN Media Group, LLC[emailprotected]+1(561)325-8757 SOURCE Microsmallcap.com

edtsum441

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: Korian (Paris:KORI): Disclaimer In light of the Covid-19 health crisis, and in accordance with the provisions set out in Ordinance No. 2020-321 published on 25 March 2020 as amended and extended by Ordinance No. 2020-1497 of 2 December 2020 and Decree No. 2021-255 of 9 March 2021, the Combined General Meeting of 27 May 2021 (the Meeting) will be held behind closed doors at the Companys registered office located at 21-25, rue Balzac, 75008 Paris without shareholders or other persons entitled to attend present in person. At the date of publication of this Meeting notice, administrative measures imposing restrictions or bans on movement and gatherings of people for public health reasons will prevent members from attending the General Meeting in person, especially considering the closure of conference and meeting rooms, the need to respect social distancing rules and the number of attendees at previous General Meetings. Consequently, no admission cards will be issued. Shareholders are invited to cast their votes ahead of the Meeting either online via the VOTACCESS secure voting platform, by mail using the voting form, or by granting a proxy to the Chairman of the Meeting or to a third party based on the same procedures. Shareholders may submit any written questions if they are received no later than midnight Paris time on Tuesday 25 May 2021, either by registered letter with acknowledgement of receipt or by email to ag2021@korian.com. Given that the Meeting will be held without shareholders attending in person and the importance of fostering shareholder dialogue, shareholders will be able to ask questions other than those officially submitted in writing by sending an email to ag2021@korian.com before 3 p.m. Paris time on Wednesday 26 May 2021. Shareholders must not forget to include their share registration certificate when submitting their questions. These questions will be addressed during the Meeting based on a representative sample of topics that will have captured the attention of shareholders. The Meeting shall be broadcast live on the Companys website at www.korian.com in the Investors section, if conditions allow. It will also be available on replay on the Companys website following the General Meeting. Shareholders are invited to regularly consult the dedicated section on the Company's website: www.korian.com, which will be updated whenever necessary, as the terms described above are subject to change. The prior notice of the Meeting containing the agenda, the draft resolutions presented by the Board of Directors and the description of the participation and voting arrangements for the Meeting, was published in the Bulletin des Annonces Lgales Obligatoires n48 on 21 April 2021. The shareholders are informed that the scrutineers appointed for the Meeting are Predica Prvoyance Dialogue du Crdit Agricole and Holding Malakoff Humanis. The information regarding the Meeting mentioned in Article R. 22-10-23 of the French commercial Code can be found on the Companys website www.korian.com in the Investors section, under Shareholders, General Assembly and then 2021. The documents and the information mentioned in Articles R. 225-81 and R. 225-83 of the French commercial Code can be sent to the shareholders upon request to CACEIS Corporate Trust, Service Assembles Gnrales Centralises 14, rue Rouget de Lisle 92862 Issy-les-Moulineaux Cedex 9 (centralising institution appointed by Korian). Shareholders will also be able to consult the documents (including universal registration document) at the Companys registered office located at 21-25, rue Balzac, 75008 during the 15 days preceding the holding of the Meeting. Next events: 27 May 2021 Annual General Meeting 16 June 2021 Capital Markets Day About Korian Korian, the leading European care services group for elderly and fragile people. www.korian.com Korian has been listed on Euronext Paris Section A since November 2006 and is included in the following indices: SBF 120, CAC Health Care, CAC Mid 60, CAC Mid & Small and MSCI Global Small Cap Euronext ticker: KORI ISIN: FR0010386334 Reuters: KORI.PA Bloomberg: KORI.FP Answer:

Korian:Availability and Consultation of the Information Relating to the Combined General Meeting to Be Held on 27 May 2021

PARIS--(BUSINESS WIRE)--Regulatory News: Korian (Paris:KORI): Disclaimer In light of the Covid-19 health crisis, and in accordance with the provisions set out in Ordinance No. 2020-321 published on 25 March 2020 as amended and extended by Ordinance No. 2020-1497 of 2 December 2020 and Decree No. 2021-255 of 9 March 2021, the Combined General Meeting of 27 May 2021 (the Meeting) will be held behind closed doors at the Companys registered office located at 21-25, rue Balzac, 75008 Paris without shareholders or other persons entitled to attend present in person. At the date of publication of this Meeting notice, administrative measures imposing restrictions or bans on movement and gatherings of people for public health reasons will prevent members from attending the General Meeting in person, especially considering the closure of conference and meeting rooms, the need to respect social distancing rules and the number of attendees at previous General Meetings. Consequently, no admission cards will be issued. Shareholders are invited to cast their votes ahead of the Meeting either online via the VOTACCESS secure voting platform, by mail using the voting form, or by granting a proxy to the Chairman of the Meeting or to a third party based on the same procedures. Shareholders may submit any written questions if they are received no later than midnight Paris time on Tuesday 25 May 2021, either by registered letter with acknowledgement of receipt or by email to ag2021@korian.com. Given that the Meeting will be held without shareholders attending in person and the importance of fostering shareholder dialogue, shareholders will be able to ask questions other than those officially submitted in writing by sending an email to ag2021@korian.com before 3 p.m. Paris time on Wednesday 26 May 2021. Shareholders must not forget to include their share registration certificate when submitting their questions. These questions will be addressed during the Meeting based on a representative sample of topics that will have captured the attention of shareholders. The Meeting shall be broadcast live on the Companys website at www.korian.com in the Investors section, if conditions allow. It will also be available on replay on the Companys website following the General Meeting. Shareholders are invited to regularly consult the dedicated section on the Company's website: www.korian.com, which will be updated whenever necessary, as the terms described above are subject to change. The prior notice of the Meeting containing the agenda, the draft resolutions presented by the Board of Directors and the description of the participation and voting arrangements for the Meeting, was published in the Bulletin des Annonces Lgales Obligatoires n48 on 21 April 2021. The shareholders are informed that the scrutineers appointed for the Meeting are Predica Prvoyance Dialogue du Crdit Agricole and Holding Malakoff Humanis. The information regarding the Meeting mentioned in Article R. 22-10-23 of the French commercial Code can be found on the Companys website www.korian.com in the Investors section, under Shareholders, General Assembly and then 2021. The documents and the information mentioned in Articles R. 225-81 and R. 225-83 of the French commercial Code can be sent to the shareholders upon request to CACEIS Corporate Trust, Service Assembles Gnrales Centralises 14, rue Rouget de Lisle 92862 Issy-les-Moulineaux Cedex 9 (centralising institution appointed by Korian). Shareholders will also be able to consult the documents (including universal registration document) at the Companys registered office located at 21-25, rue Balzac, 75008 during the 15 days preceding the holding of the Meeting. Next events: 27 May 2021 Annual General Meeting 16 June 2021 Capital Markets Day About Korian Korian, the leading European care services group for elderly and fragile people. www.korian.com Korian has been listed on Euronext Paris Section A since November 2006 and is included in the following indices: SBF 120, CAC Health Care, CAC Mid 60, CAC Mid & Small and MSCI Global Small Cap Euronext ticker: KORI ISIN: FR0010386334 Reuters: KORI.PA Bloomberg: KORI.FP

edtsum442

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--(BUSINESS WIRE)--Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, the National Retail Federation said today. While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season, NRF President and CEO Matthew Shay said. Over the past several months, consumers have responded well to federal relief measures that have supported the recovery, so it comes as no surprise that they would take a pause on spending as some of these programs tapered off at the end of July. We continue to advocate for additional stimulus measures to help the economy recover. With the holidays quickly approaching, our retailers are prepared to serve customers to meet all of their holiday needs and are embracing the new holiday tradition of shopping early. August was topsy-turvy as COVID-19 brought a lot of shifts and uncertainty regarding back-to-school spending and other issues but consumer spending remains intact even if sales grew less than July, NRF Chief Economist Jack Kleinhenz said. Retail spending habits have remained largely consistent and stable these past few months since stores began to reopen. Some consumers likely reduced their spending with the end of the $600 supplemental unemployment benefits for those out of work, but a building-up of savings from that and other government cash helped support spending. At this juncture, it is difficult to sort out how much economic activity is due to government support and how much is evidence of hardcore demand due to recent job gains. August numbers might have been higher if not for small businesses struggling with reopening and the return to full operations. The U.S. Census Bureau said today that overall retail sales during August were up 0.6 percent seasonally adjusted from July and up 2.6 percent year-over-year. That follows a 0.9 percent month-over-month increase in July. Retail sales have been climbing after a record monthly drop while most stores were closed in April. NRFs calculation of retail sales which excludes automobile dealers, gasoline stations and restaurants in order to focus on core retail showed August was up 0.1 percent seasonally adjusted from July and up 5.6 percent unadjusted year-over-year. NRFs results are different from the Census Bureaus figures because of the categories excluded by NRF. The August NRF numbers build on a 0.6 percent monthly increase and 9.6 percent year-over-year increase in July. NRFs numbers were up 8.5 percent unadjusted year-over-year on a three-month moving average. Just over half of retail categories saw month-over-month gains and two-thirds saw year-over-year increases. The biggest monthly gain came at clothing stores, but their sales remained far below last year. Specifics from key retail sectors during August include: About NRF The National Retail Federation, the worlds largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nations largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs 52 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. PERMALINK Answer:

August Retail Sales Grow as Pandemic Recovery Continues

WASHINGTON--(BUSINESS WIRE)--Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, the National Retail Federation said today. While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season, NRF President and CEO Matthew Shay said. Over the past several months, consumers have responded well to federal relief measures that have supported the recovery, so it comes as no surprise that they would take a pause on spending as some of these programs tapered off at the end of July. We continue to advocate for additional stimulus measures to help the economy recover. With the holidays quickly approaching, our retailers are prepared to serve customers to meet all of their holiday needs and are embracing the new holiday tradition of shopping early. August was topsy-turvy as COVID-19 brought a lot of shifts and uncertainty regarding back-to-school spending and other issues but consumer spending remains intact even if sales grew less than July, NRF Chief Economist Jack Kleinhenz said. Retail spending habits have remained largely consistent and stable these past few months since stores began to reopen. Some consumers likely reduced their spending with the end of the $600 supplemental unemployment benefits for those out of work, but a building-up of savings from that and other government cash helped support spending. At this juncture, it is difficult to sort out how much economic activity is due to government support and how much is evidence of hardcore demand due to recent job gains. August numbers might have been higher if not for small businesses struggling with reopening and the return to full operations. The U.S. Census Bureau said today that overall retail sales during August were up 0.6 percent seasonally adjusted from July and up 2.6 percent year-over-year. That follows a 0.9 percent month-over-month increase in July. Retail sales have been climbing after a record monthly drop while most stores were closed in April. NRFs calculation of retail sales which excludes automobile dealers, gasoline stations and restaurants in order to focus on core retail showed August was up 0.1 percent seasonally adjusted from July and up 5.6 percent unadjusted year-over-year. NRFs results are different from the Census Bureaus figures because of the categories excluded by NRF. The August NRF numbers build on a 0.6 percent monthly increase and 9.6 percent year-over-year increase in July. NRFs numbers were up 8.5 percent unadjusted year-over-year on a three-month moving average. Just over half of retail categories saw month-over-month gains and two-thirds saw year-over-year increases. The biggest monthly gain came at clothing stores, but their sales remained far below last year. Specifics from key retail sectors during August include: About NRF The National Retail Federation, the worlds largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nations largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs 52 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. PERMALINK

edtsum443

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: CoinPayments Becomes Largest Crypto Payments Processor Available to All Shopify Merchants GEORGE TOWN, Cayman Islands, May 20, 2020 /PRNewswire/ -CoinPayments, the world's leading cryptocurrency payments processor, today announced a new strategic partnership with Shopify (NYSE:SHOP). The collaboration will bring CoinPayments' crypto payments processing platform to all Shopify merchants as both companies look to fuel wider adoption of payments in digital currencies. This announcement follows a successful beta trial that started in 2019. Under the terms of the partnership, CoinPayments will now be a visible payment option for merchants on the Shopify platform and will make cryptocurrency transactions easier and more accessible while reducing transaction fees. Vendors will now get paid faster in any of the 1,800 cryptocurrencies supported by CoinPayments while gaining access to untapped markets globally. This partnership further enables cross-border payments, allowing merchants to eliminate the hassle of working with multiple payment processors across different jurisdictions. "The combination of Shopify and CoinPayments is unstoppable in the payments industry," said CoinPayments CEO Jason Butcher. "By bringing our easy-to-use global crypto payments platform together with Shopify's extensive merchant base, we look forward to delivering a seamless process for anyone looking to do business using cryptocurrencies. As leaders in ecommerce and crypto payments, our combined expertise reflects the future of business transactions." The collaboration with Shopify is just one of several expected announcements that will expand CoinPayments' simple and secure crypto payments platform to a new set of partners and merchants. About CoinPaymentsCoinPayments is the easiest, fastest and most secure way for merchants worldwide to transact in cryptocurrencies. It is the first and largest cryptocurrency payments processor with more than US $5 billion in total transactions to date, while supporting more than 1,900 coins, and is the preferred cryptocurrency payment solution for merchants and eCommerce platform providers worldwide. Founded in 2013 and headquartered in the Cayman Islands, CoinPayments is dedicated to providing clients with fast, secure and user-friendly crypto payment APIs, shopping cart plugins, digital wallets, and a host of other solutions supporting cryptocurrency payment applications. Learn more at: https://www.coinpayments.net/. About ShopifyShopify is a leading global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Headquartered in Ottawa, Canada, Shopify powers over one million businesses in more than 175 countries and is trusted by brands such as Allbirds, Gymshark, PepsiCo, Staples and many more. For more information, visit www.shopify.com. SOURCE CoinPayments Answer:

World's Leading Crypto Payments Processor CoinPayments Announces Strategic Partnership with Shopify English English

CoinPayments Becomes Largest Crypto Payments Processor Available to All Shopify Merchants GEORGE TOWN, Cayman Islands, May 20, 2020 /PRNewswire/ -CoinPayments, the world's leading cryptocurrency payments processor, today announced a new strategic partnership with Shopify (NYSE:SHOP). The collaboration will bring CoinPayments' crypto payments processing platform to all Shopify merchants as both companies look to fuel wider adoption of payments in digital currencies. This announcement follows a successful beta trial that started in 2019. Under the terms of the partnership, CoinPayments will now be a visible payment option for merchants on the Shopify platform and will make cryptocurrency transactions easier and more accessible while reducing transaction fees. Vendors will now get paid faster in any of the 1,800 cryptocurrencies supported by CoinPayments while gaining access to untapped markets globally. This partnership further enables cross-border payments, allowing merchants to eliminate the hassle of working with multiple payment processors across different jurisdictions. "The combination of Shopify and CoinPayments is unstoppable in the payments industry," said CoinPayments CEO Jason Butcher. "By bringing our easy-to-use global crypto payments platform together with Shopify's extensive merchant base, we look forward to delivering a seamless process for anyone looking to do business using cryptocurrencies. As leaders in ecommerce and crypto payments, our combined expertise reflects the future of business transactions." The collaboration with Shopify is just one of several expected announcements that will expand CoinPayments' simple and secure crypto payments platform to a new set of partners and merchants. About CoinPaymentsCoinPayments is the easiest, fastest and most secure way for merchants worldwide to transact in cryptocurrencies. It is the first and largest cryptocurrency payments processor with more than US $5 billion in total transactions to date, while supporting more than 1,900 coins, and is the preferred cryptocurrency payment solution for merchants and eCommerce platform providers worldwide. Founded in 2013 and headquartered in the Cayman Islands, CoinPayments is dedicated to providing clients with fast, secure and user-friendly crypto payment APIs, shopping cart plugins, digital wallets, and a host of other solutions supporting cryptocurrency payment applications. Learn more at: https://www.coinpayments.net/. About ShopifyShopify is a leading global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Headquartered in Ottawa, Canada, Shopify powers over one million businesses in more than 175 countries and is trusted by brands such as Allbirds, Gymshark, PepsiCo, Staples and many more. For more information, visit www.shopify.com. SOURCE CoinPayments

edtsum444

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 JOSE, Calif., March 3, 2021 /PRNewswire/ --Bridge Bank today announced its Business Escrow Services (BES) group has launched Bridge Bank Gateway, an industry-leading paying agent platform for M&A paying agent services, private placement, performance escrow, indemnification, initial offerings/subscription deposits and project finance escrows. Bridge Bank Gateway is a sophisticated digital solution that simplifies and accelerates complex M&A transactions with one secure and intuitive digital platform. The single-point information hub provides buyers, sellers and their attorneys with real-time information on document signing and payment status. Accounts can be opened and take in deposits within one business day. "We have a comprehensive suite of solutions covering both depository services for the proceeds of an M&A transaction and, once ready, distributing those funds through the new, sophisticated platform," said Alex Tsarnas, senior managing director of Business Escrow Services at Bridge Bank. "No longer will those we work with in the innovation ecosystem have to find a third-party to handle these complex transactions. With the Bridge Bank Gateway paying agent platform, BES is a one-stop shop." Bridge Bank Gateway provides benefits to M&A sellers by simplifying cumbersome and complex processes by improving the accuracy through reduced human error, streamlining pre-merger shareholder votes with built-in voting, tallying and reporting. Additional benefits include shareholders being paid faster and access to tax documents including year-end reports. Most recently, Bridge Bank announced the launch of its Business Escrow Services group led by Alex Tsarnas, further bolstering its financial services offerings to the investor and legal communities. To learn more, join Bridge Bank's BES and Equity Fund Resources teams in a virtual event with PitchBook Data. The 30-minute event will take a deep dive into private equity activity and buyouts in the New York market. The event will take place on March 24 at 10:30 a.m. EDT. Registration to attend is now open. To learn more about Bridge Bank's Business Escrow Services and the solutions they provide, visit the Business Escrow Services web page. About Bridge Bank Bridge Bank, a division of Western Alliance Bank, Member FDIC, helps business clients realize their ambitions. Founded in 2001 in Silicon Valley, Bridge Bank offers a better way to bank for small- to mid-market businesses across many industries, as well as emerging technology companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies, Bridge Bank delivers a broad scope of financial solutions including capital, equipment and working capital credit facilities, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and a full line of international products and services. Based in San Jose, Bridge Bank has 17 offices in major markets across the country along with Western Alliance Bank's powerful array of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. One of the country's top-performing banking companies, Western Alliance was #1 best-performing of the 50 largest public U.S. banks in the most recent S&P Global Market Intelligence listing and ranks high on the Forbes "Best Banks in America" list year after year. For more information, visit bridgebank.com. SOURCE Bridge Bank Related Links http://www.bridgebank.com Answer:

Bridge Bank's Business Escrow Services Group Launches New Paying Agent Platform BES Introduces Bridge Bank Gateway, an Industry-Leading Paying Agent Platform for M&A Paying Agent Services

SAN JOSE, Calif., March 3, 2021 /PRNewswire/ --Bridge Bank today announced its Business Escrow Services (BES) group has launched Bridge Bank Gateway, an industry-leading paying agent platform for M&A paying agent services, private placement, performance escrow, indemnification, initial offerings/subscription deposits and project finance escrows. Bridge Bank Gateway is a sophisticated digital solution that simplifies and accelerates complex M&A transactions with one secure and intuitive digital platform. The single-point information hub provides buyers, sellers and their attorneys with real-time information on document signing and payment status. Accounts can be opened and take in deposits within one business day. "We have a comprehensive suite of solutions covering both depository services for the proceeds of an M&A transaction and, once ready, distributing those funds through the new, sophisticated platform," said Alex Tsarnas, senior managing director of Business Escrow Services at Bridge Bank. "No longer will those we work with in the innovation ecosystem have to find a third-party to handle these complex transactions. With the Bridge Bank Gateway paying agent platform, BES is a one-stop shop." Bridge Bank Gateway provides benefits to M&A sellers by simplifying cumbersome and complex processes by improving the accuracy through reduced human error, streamlining pre-merger shareholder votes with built-in voting, tallying and reporting. Additional benefits include shareholders being paid faster and access to tax documents including year-end reports. Most recently, Bridge Bank announced the launch of its Business Escrow Services group led by Alex Tsarnas, further bolstering its financial services offerings to the investor and legal communities. To learn more, join Bridge Bank's BES and Equity Fund Resources teams in a virtual event with PitchBook Data. The 30-minute event will take a deep dive into private equity activity and buyouts in the New York market. The event will take place on March 24 at 10:30 a.m. EDT. Registration to attend is now open. To learn more about Bridge Bank's Business Escrow Services and the solutions they provide, visit the Business Escrow Services web page. About Bridge Bank Bridge Bank, a division of Western Alliance Bank, Member FDIC, helps business clients realize their ambitions. Founded in 2001 in Silicon Valley, Bridge Bank offers a better way to bank for small- to mid-market businesses across many industries, as well as emerging technology companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies, Bridge Bank delivers a broad scope of financial solutions including capital, equipment and working capital credit facilities, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and a full line of international products and services. Based in San Jose, Bridge Bank has 17 offices in major markets across the country along with Western Alliance Bank's powerful array of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. One of the country's top-performing banking companies, Western Alliance was #1 best-performing of the 50 largest public U.S. banks in the most recent S&P Global Market Intelligence listing and ranks high on the Forbes "Best Banks in America" list year after year. For more information, visit bridgebank.com. SOURCE Bridge Bank Related Links http://www.bridgebank.com

edtsum445

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, April 27, 2020 /PRNewswire/ -- According to analysts at The Freedonia Group, as the COVID-19 pandemic spreads worldwide, demand for medical gloves is skyrocketing but supplies are short due to production slowdowns and restrictions on trade. Beyond the current increase in the number of hospitalizations, other factors are also driving demand for gloves: a sharp increase in the number of gloves used per healthcare worker, especially outside of hospitals an increase in the use of medical gloves by non-medical personnel an increase in prices due to temporary production reductions and product hoarding Growth, currently in the double digits, is expected to return to more sustainable levels, forecast to increase 5.7% per year through 2024. Demand will continue to be driven by developing markets, as these countries gradually improve their healthcare standards and hygiene practices. In developed markets, growth will be supported by aging populations but restrained by market maturity and trends toward telehealth. Learn more about the short and long term trends for examination, surgical and laboratory gloves in the new Global Disposable Medical Gloves: COVID-19 Impact Analysis. The report also provides perspective with analysis of virus trends, patient activity and supply chain issues. About The Freedonia Group The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com. Press Contact:Corinne Gangloff+1 440.684.9600[emailprotected] SOURCE The Freedonia Group Related Links https://www.freedoniagroup.com Answer:

Demand for Disposable Medical Gloves Skyrockets Globally, Faces Shortage

CLEVELAND, April 27, 2020 /PRNewswire/ -- According to analysts at The Freedonia Group, as the COVID-19 pandemic spreads worldwide, demand for medical gloves is skyrocketing but supplies are short due to production slowdowns and restrictions on trade. Beyond the current increase in the number of hospitalizations, other factors are also driving demand for gloves: a sharp increase in the number of gloves used per healthcare worker, especially outside of hospitals an increase in the use of medical gloves by non-medical personnel an increase in prices due to temporary production reductions and product hoarding Growth, currently in the double digits, is expected to return to more sustainable levels, forecast to increase 5.7% per year through 2024. Demand will continue to be driven by developing markets, as these countries gradually improve their healthcare standards and hygiene practices. In developed markets, growth will be supported by aging populations but restrained by market maturity and trends toward telehealth. Learn more about the short and long term trends for examination, surgical and laboratory gloves in the new Global Disposable Medical Gloves: COVID-19 Impact Analysis. The report also provides perspective with analysis of virus trends, patient activity and supply chain issues. About The Freedonia Group The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com. Press Contact:Corinne Gangloff+1 440.684.9600[emailprotected] SOURCE The Freedonia Group Related Links https://www.freedoniagroup.com

edtsum446

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: PRINCETON, N.J., July 21, 2020 /PRNewswire/ -- Conexus Solutions, Inc. today announced significant investments to expand its cloud services offerings, including additional Veeva implementation services. As part of this expansion the company has formed a Cloud Services business unit to support increasing demand for commercial operations, analytics, and marketing services for small and mid-sized life sciences companies. In just three short years since its founding, Conexus has implemented and supported more than 30 successful implementations of Veeva commercial solutions, including Veeva CRM, Veeva CRM Engage Meeting, and Veeva Vault PromoMats. Conexus is also a Veeva Services Partner and a certified partner for Veeva OpenData and Veeva CRM MyInsights, and provides data management services and marketing content support for Veeva CRM Approved Email and Veeva CLM. Conexus' rapid growth is fueled by a unique ability to deliver high quality services with efficient pricing based upon its deep experience and flexible resource allocation. This approach has attracted more than 20 new customers over the last 24 months. Building for the future, Conexus established a Cloud Services business unit, is hiring additional talent, and received a minority investment from Veeva Systems. "We are expanding and deepening our service offerings and team so that we are ready to help customers as their needs grow," said Akshay Kapadia, founder and CEO of Conexus. "Veeva is a natural fit as an investment partner given our shared values of customer and employee success and a focus on helping life sciences companies advance their commercial operations." Paul Shawah, senior vice president of Veeva Commercial Cloud, added, "Conexus gives Veeva's small and mid-sized customers greater choice among services partners. We look forward to Conexus' expansion to further support the industry." Conexus is filling new roles and adding new and expanded offerings in its Cloud Services business unit. Conexus is deepening its partner certifications with Veeva to ensure the highest level of service. Conexus will also implement and support additional cloud-based solutions such as Salesforce.com's Marketing Cloud and other popular cloud platforms. For additional information, visit Conexus at www.cnxsi.com. About Conexus Solutions, Inc.Conexus provides sales and marketing operations support, including Veeva configuration and implementation, Veeva Vault, CLM, approved email, and help desk. SOURCE Conexus Solutions, Inc. Related Links http://www.cnxsi.com Answer:

Conexus Launches Dedicated Cloud Services Business Unit & Expands Veeva Partnership Building upon its successful cloud software implementation business, company expands capacity and adds new sales and marketing support offerings

PRINCETON, N.J., July 21, 2020 /PRNewswire/ -- Conexus Solutions, Inc. today announced significant investments to expand its cloud services offerings, including additional Veeva implementation services. As part of this expansion the company has formed a Cloud Services business unit to support increasing demand for commercial operations, analytics, and marketing services for small and mid-sized life sciences companies. In just three short years since its founding, Conexus has implemented and supported more than 30 successful implementations of Veeva commercial solutions, including Veeva CRM, Veeva CRM Engage Meeting, and Veeva Vault PromoMats. Conexus is also a Veeva Services Partner and a certified partner for Veeva OpenData and Veeva CRM MyInsights, and provides data management services and marketing content support for Veeva CRM Approved Email and Veeva CLM. Conexus' rapid growth is fueled by a unique ability to deliver high quality services with efficient pricing based upon its deep experience and flexible resource allocation. This approach has attracted more than 20 new customers over the last 24 months. Building for the future, Conexus established a Cloud Services business unit, is hiring additional talent, and received a minority investment from Veeva Systems. "We are expanding and deepening our service offerings and team so that we are ready to help customers as their needs grow," said Akshay Kapadia, founder and CEO of Conexus. "Veeva is a natural fit as an investment partner given our shared values of customer and employee success and a focus on helping life sciences companies advance their commercial operations." Paul Shawah, senior vice president of Veeva Commercial Cloud, added, "Conexus gives Veeva's small and mid-sized customers greater choice among services partners. We look forward to Conexus' expansion to further support the industry." Conexus is filling new roles and adding new and expanded offerings in its Cloud Services business unit. Conexus is deepening its partner certifications with Veeva to ensure the highest level of service. Conexus will also implement and support additional cloud-based solutions such as Salesforce.com's Marketing Cloud and other popular cloud platforms. For additional information, visit Conexus at www.cnxsi.com. About Conexus Solutions, Inc.Conexus provides sales and marketing operations support, including Veeva configuration and implementation, Veeva Vault, CLM, approved email, and help desk. SOURCE Conexus Solutions, Inc. Related Links http://www.cnxsi.com

edtsum447

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)--City Constructors, one of Los Angeles premier general contracting companies, today announced a new name and visual identity, marking a new era for the company as it looks towards the future. The company, which was founded in 2003, will now be called Reaume Richardson. Reaume Richardson will be led by current founder and CEO Bryson Reaume, and Evan Richardson. Mr. Richardson, who joined the company in 2005 and has served in multiple capacities, most recently as Vice President, will become President of the company. I am proud to formally introduce Reaume Richardson into the marketplace. Our rebrand is a testament to our achievements to-date, and speaks to our capacity for continued long-term success, said Bryson Reaume, Founder and CEO of Reaume Richardson. We embarked on this rebrand process over one year ago, and feel the significance of this moment now. We are stepping into this new chapter with an expanded executive team, a new president, and an exciting list of current and future projects, concluded Reaume. Reaume Richardson has a rich history in Los Angeles. The company began in tenant improvement projects, and quickly gained a reputation as a leader in adaptive reuse in Downtown Los Angeles historic core. Some of its most notable buildings and projects in the area include The Rowan, El Dorado, and Douglas Buildings all on Spring St. as well as the Roosevelt Hotel, the Bradbury Building, and the ROW DTLA. The companys current projects include a total overhaul of the historic Pacific Stock Exchange building, often referred to as the Wall Street of the West, the Globe Theatre building on Broadway, and the Lane Mortgage Building, a twelve floor mixed-use, adaptive reuse project situated on the corner of 8th and Spring Street in Downtown Los Angeles. I am thrilled to take on the role of President in this exciting time for our company, said Evan Richardson. With our new name, we want to convey that our experience is behind everything we do. When you work with us, you are getting the benefit of both Bryson and my experience because we are directly involved in every project, he concluded. As part of its new name and visual identity, the company also announced an expanded leadership team. It recently welcomed back Shawn Shawmlou, an early employee of the company, as Chief Operating Officer, and hired Jim Brain, an industry veteran, as Vice President of Preconstruction. The company anticipates it will continue hiring to meet increased demand for its services. www.ReaumeRichardson.com Answer:

Los Angeles-Based City Constructors Rebrands to Reaume Richardson

LOS ANGELES--(BUSINESS WIRE)--City Constructors, one of Los Angeles premier general contracting companies, today announced a new name and visual identity, marking a new era for the company as it looks towards the future. The company, which was founded in 2003, will now be called Reaume Richardson. Reaume Richardson will be led by current founder and CEO Bryson Reaume, and Evan Richardson. Mr. Richardson, who joined the company in 2005 and has served in multiple capacities, most recently as Vice President, will become President of the company. I am proud to formally introduce Reaume Richardson into the marketplace. Our rebrand is a testament to our achievements to-date, and speaks to our capacity for continued long-term success, said Bryson Reaume, Founder and CEO of Reaume Richardson. We embarked on this rebrand process over one year ago, and feel the significance of this moment now. We are stepping into this new chapter with an expanded executive team, a new president, and an exciting list of current and future projects, concluded Reaume. Reaume Richardson has a rich history in Los Angeles. The company began in tenant improvement projects, and quickly gained a reputation as a leader in adaptive reuse in Downtown Los Angeles historic core. Some of its most notable buildings and projects in the area include The Rowan, El Dorado, and Douglas Buildings all on Spring St. as well as the Roosevelt Hotel, the Bradbury Building, and the ROW DTLA. The companys current projects include a total overhaul of the historic Pacific Stock Exchange building, often referred to as the Wall Street of the West, the Globe Theatre building on Broadway, and the Lane Mortgage Building, a twelve floor mixed-use, adaptive reuse project situated on the corner of 8th and Spring Street in Downtown Los Angeles. I am thrilled to take on the role of President in this exciting time for our company, said Evan Richardson. With our new name, we want to convey that our experience is behind everything we do. When you work with us, you are getting the benefit of both Bryson and my experience because we are directly involved in every project, he concluded. As part of its new name and visual identity, the company also announced an expanded leadership team. It recently welcomed back Shawn Shawmlou, an early employee of the company, as Chief Operating Officer, and hired Jim Brain, an industry veteran, as Vice President of Preconstruction. The company anticipates it will continue hiring to meet increased demand for its services. www.ReaumeRichardson.com

edtsum448

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/ -- The Conference Board Consumer Confidence Index rose sharply again in April, following a substantial gain in March. The Index now stands at 121.7 (1985=100), up from 109.0 in March. The Present Situation Indexbased on consumers' assessment of current business and labor market conditionssoared from 110.1 to 139.6. The Expectations Indexbased on consumers' short-term outlook for income, business, and labor market conditionsrose moderately, from 108.3 last month to 109.8 in April. The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was April 16. "Consumer confidence has rebounded sharply over the last two months and is now at its highest level since February 2020," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. "Consumers' assessment of current conditions improved significantly in April, suggesting the economic recovery strengthened further in early Q2. Consumers' optimism about the short-term outlook held steady this month. Consumers were more upbeat about their income prospects, perhaps due to the improving job market and the recent round of stimulus checks. Short-term inflation expectations held steady in April, but remain elevated. Vacation intentions posted a healthy increase, likely boosted by the accelerating vaccine rollout and further loosening of pandemic restrictions." Consumers' appraisal of current conditions improved significantly in April. The percentage of consumers claiming business conditions are "good" increased from 18.3 percent to 23.3 percent, while the proportion claiming business conditions are "bad" fell from 30.1 percent to 24.8 percent. Consumers' assessment of the labor market also improved. The percentage of consumers saying jobs are "plentiful" increased from 26.5 percent to 37.9 percent, while those claiming jobs are "hard to get" declined from 18.5 percent to 13.2 percent. Consumers' optimism about the short-term outlook improved moderately. The percentage of consumers expecting business conditions to improve over the next six months rose marginally, from 40.3 percent to 40.5 percent, while the proportion expecting business conditions to worsen stood relatively unchanged at 11.9 percent. Consumers' outlook regarding the job market was slightly less upbeat. The proportion expecting more jobs in the months ahead fell from 35.9 percent to 34.5 percent, while those anticipating fewer jobs rose from 14.4 percent to 15.5 percent. Regarding short-term income prospects, 17.9 percent of consumers expect their incomes to increase in the next six months, up from 15.4 percent in March. Those expecting their incomes to decrease fell to 10.9 percent, down from 12.6 percent. Source: April 2021 Consumer Confidence Survey The Conference Board / Release #8072 The Conference Board publishes the Consumer Confidence Indexat 10 a.m. ET on the last Tuesday of every month. Subscription information and the technical notes to this series are available on The Conference Board website: https://www.conference-board.org/data/consumerdata.cfm. About The Conference Board The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org. About NIELSEN Nielsen Holdings plc (NYSE:NLSN) is a global performance management company that provides a comprehensive understanding of what consumers watch and buy. Nielsen's Watch segment provides media and advertising clients with Total Audience measurement services for all devices on which content video, audio and text is consumed. The Buy segment offers consumer packaged goods manufacturers and retailers the industry's only global view of retail performance measurement. By integrating information from its Watch and Buy segments and other data sources, Nielsen also provides its clients with analytics that help improve performance. Nielsen, an S&P 500 company, has operations in over 100 countries, covering more than 90 percent of the world's population. For more information, visitwww.nielsen.com. SOURCE The Conference Board Related Links http://www.conference-board.org Answer:

US Consumer Confidence Up Sharply Again in April The Conference Board Consumer Confidence Index Climbs to Highest Level since February 2020

NEW YORK, April 27, 2021 /PRNewswire/ -- The Conference Board Consumer Confidence Index rose sharply again in April, following a substantial gain in March. The Index now stands at 121.7 (1985=100), up from 109.0 in March. The Present Situation Indexbased on consumers' assessment of current business and labor market conditionssoared from 110.1 to 139.6. The Expectations Indexbased on consumers' short-term outlook for income, business, and labor market conditionsrose moderately, from 108.3 last month to 109.8 in April. The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was April 16. "Consumer confidence has rebounded sharply over the last two months and is now at its highest level since February 2020," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. "Consumers' assessment of current conditions improved significantly in April, suggesting the economic recovery strengthened further in early Q2. Consumers' optimism about the short-term outlook held steady this month. Consumers were more upbeat about their income prospects, perhaps due to the improving job market and the recent round of stimulus checks. Short-term inflation expectations held steady in April, but remain elevated. Vacation intentions posted a healthy increase, likely boosted by the accelerating vaccine rollout and further loosening of pandemic restrictions." Consumers' appraisal of current conditions improved significantly in April. The percentage of consumers claiming business conditions are "good" increased from 18.3 percent to 23.3 percent, while the proportion claiming business conditions are "bad" fell from 30.1 percent to 24.8 percent. Consumers' assessment of the labor market also improved. The percentage of consumers saying jobs are "plentiful" increased from 26.5 percent to 37.9 percent, while those claiming jobs are "hard to get" declined from 18.5 percent to 13.2 percent. Consumers' optimism about the short-term outlook improved moderately. The percentage of consumers expecting business conditions to improve over the next six months rose marginally, from 40.3 percent to 40.5 percent, while the proportion expecting business conditions to worsen stood relatively unchanged at 11.9 percent. Consumers' outlook regarding the job market was slightly less upbeat. The proportion expecting more jobs in the months ahead fell from 35.9 percent to 34.5 percent, while those anticipating fewer jobs rose from 14.4 percent to 15.5 percent. Regarding short-term income prospects, 17.9 percent of consumers expect their incomes to increase in the next six months, up from 15.4 percent in March. Those expecting their incomes to decrease fell to 10.9 percent, down from 12.6 percent. Source: April 2021 Consumer Confidence Survey The Conference Board / Release #8072 The Conference Board publishes the Consumer Confidence Indexat 10 a.m. ET on the last Tuesday of every month. Subscription information and the technical notes to this series are available on The Conference Board website: https://www.conference-board.org/data/consumerdata.cfm. About The Conference Board The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org. About NIELSEN Nielsen Holdings plc (NYSE:NLSN) is a global performance management company that provides a comprehensive understanding of what consumers watch and buy. Nielsen's Watch segment provides media and advertising clients with Total Audience measurement services for all devices on which content video, audio and text is consumed. The Buy segment offers consumer packaged goods manufacturers and retailers the industry's only global view of retail performance measurement. By integrating information from its Watch and Buy segments and other data sources, Nielsen also provides its clients with analytics that help improve performance. Nielsen, an S&P 500 company, has operations in over 100 countries, covering more than 90 percent of the world's population. For more information, visitwww.nielsen.com. SOURCE The Conference Board Related Links http://www.conference-board.org

edtsum449

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, Nov. 24, 2020 /PRNewswire/ -- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, and LF Networking (LFN), which facilitates collaboration and operational excellence across open source networking projects, today announced the Certified ONAP Professional (COP) exam, previously announced to be in development, is now generally available. COP is a three-hour, performance-based certification exam that provides assurance that a certificant has the ability to onboard Virtual Network Functions (VNFs), design and deploy network services, and configure VNFs. The exam is based on the Dublin release of ONAP. It is conducted remotely with a live proctor monitoring via webcam and screen sharing, and simulates on-the-job scenarios. The existing ONAP Fundamentals training course is also available to assist candidates in learning the proper use of ONAP and preparing for the exam. The certification exam tests specific domains and competencies including: Service Design Service Deployment Service LCM Troubleshooting Closed Loop Automation COP is designed for engineers at service providers and enterprises who develop, deploy, and scale their networks and next-generation services, especially in light of the growth in 5G and edge computing. The exam expects a baseline understanding of the underlying cloud platform, such as Kubernetes and OpenStack, and minimal familiarity with modeling languages like Heat and TOSCA. "Telecommunications may be the area of technology that has seen the most significant shift in terms of how networks are built and managed in recent years, and there is a tremendous need for upskilling and reskilling in this industry," said Clyde Seepersad, SVP and general manager of training & certification at The Linux Foundation. "It is essential we have accessible, high quality training available to help both new and existing workers in these industries to obtain the skills they need to utilize these new technologies, as well as verifiable ways of confirming those skills; this new exam helps accomplish that." "Global service providers need network automation and as ONAP increasingly becomes a de facto choice, re-training network admins and personnel is the highest priority," said Arpit Joshipura, general manager networking, edge & IOT at the Linux Foundation. The COP exam is available to be scheduled immediately. More information about the exam and topics covered in it is available here. The ONAP project will be issuing its Guilan release in the coming weeks. Guilan contains updated features to support 5G open source automation for network slicing, integration with open RAN, and more. Additional details available upon software release. Please visit www.lfnetworking.org. About the Linux Foundation Founded in 2000, the Linux Foundation is supported by more than 1,000 members and is the world's leading home for collaboration on open source software, open standards, open data, and open hardware. Linux Foundation's projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, and more. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users and solution providers to create sustainable models for open collaboration. For more information, please visit us atlinuxfoundation.org. The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page:www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds. Media Contact: Dan Brown The Linux Foundation 415-420-7880 [emailprotected] SOURCE The Linux Foundation Related Links www.linuxfoundation.org Answer:

ONAP Certification Launches to Help Close Talent Gap with Growth of Network Automation, 5G and Edge Computing Advanced certification from The Linux Foundation and LF Networking demonstrates expertise with Virtual Network Functions

SAN FRANCISCO, Nov. 24, 2020 /PRNewswire/ -- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, and LF Networking (LFN), which facilitates collaboration and operational excellence across open source networking projects, today announced the Certified ONAP Professional (COP) exam, previously announced to be in development, is now generally available. COP is a three-hour, performance-based certification exam that provides assurance that a certificant has the ability to onboard Virtual Network Functions (VNFs), design and deploy network services, and configure VNFs. The exam is based on the Dublin release of ONAP. It is conducted remotely with a live proctor monitoring via webcam and screen sharing, and simulates on-the-job scenarios. The existing ONAP Fundamentals training course is also available to assist candidates in learning the proper use of ONAP and preparing for the exam. The certification exam tests specific domains and competencies including: Service Design Service Deployment Service LCM Troubleshooting Closed Loop Automation COP is designed for engineers at service providers and enterprises who develop, deploy, and scale their networks and next-generation services, especially in light of the growth in 5G and edge computing. The exam expects a baseline understanding of the underlying cloud platform, such as Kubernetes and OpenStack, and minimal familiarity with modeling languages like Heat and TOSCA. "Telecommunications may be the area of technology that has seen the most significant shift in terms of how networks are built and managed in recent years, and there is a tremendous need for upskilling and reskilling in this industry," said Clyde Seepersad, SVP and general manager of training & certification at The Linux Foundation. "It is essential we have accessible, high quality training available to help both new and existing workers in these industries to obtain the skills they need to utilize these new technologies, as well as verifiable ways of confirming those skills; this new exam helps accomplish that." "Global service providers need network automation and as ONAP increasingly becomes a de facto choice, re-training network admins and personnel is the highest priority," said Arpit Joshipura, general manager networking, edge & IOT at the Linux Foundation. The COP exam is available to be scheduled immediately. More information about the exam and topics covered in it is available here. The ONAP project will be issuing its Guilan release in the coming weeks. Guilan contains updated features to support 5G open source automation for network slicing, integration with open RAN, and more. Additional details available upon software release. Please visit www.lfnetworking.org. About the Linux Foundation Founded in 2000, the Linux Foundation is supported by more than 1,000 members and is the world's leading home for collaboration on open source software, open standards, open data, and open hardware. Linux Foundation's projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, and more. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users and solution providers to create sustainable models for open collaboration. For more information, please visit us atlinuxfoundation.org. The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page:www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds. Media Contact: Dan Brown The Linux Foundation 415-420-7880 [emailprotected] SOURCE The Linux Foundation Related Links www.linuxfoundation.org

edtsum450

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: ABILENE, Texas, Oct. 22, 2020 /PRNewswire/ --First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings for the third quarter of 2020 of $52.86 million compared with earnings of $43.08 million for the third quarter of 2019, representing a 22.69 percent increase. Basic and diluted earnings per share were $0.37 for the third quarter of 2020 compared with $0.32 for the third quarter of 2019. All amounts for the three and nine months ended September 30, 2020, include the results of the Company's acquisition of TB&T Bancshares, Inc. and its wholly-owned subsidiary, The Bank & Trust of Bryan/College Station, Texas, which was effective January 1, 2020. "We are extremely pleased with our results for the third quarter and year-to-date reflecting our TEXAS STRONG initiative to navigate through the pandemic. Throughout this time, we have kept our doors open to allow our customers to keep their doors open as well. Our approach has proven to be very positive since approximately one-third of the PPP loans were made to prospects and noncustomers who couldn't get them done through their own bank allowing us to grow considerably in loans and deposits as well as trust assets. I am extremely proud of the dedication, hard work and excellent customer service that our 1,450 associates have provided through this time by guiding our customers through the PPP loan process, bringing an unbelievable amount of new business to the Company, and executing a record number of mortgages, all of which has certainly helped our bottom line. As already proven, we are well positioned to navigate through this environment with strong reserves, liquidity, superior capital levels, and a team that doesn't allow pandemics or hurricanes to slow us down. We are optimistic about finishing the year strong and rolling right into 2021," said F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares, Inc. Net interest income for the third quarter of 2020 was $89.21 million, up $16.57 million from net interest income of $72.64 million for the third quarter of 2019. The net interest margin on a tax equivalent basis was 3.75 percent for the quarter compared to 3.94 percent a year ago. Net interest income was positively impacted by a $2.33 billion increase in average-earning assets to $9.80 billion at September 30, 2020, from both organic and acquired growth, partially offset by a 52 basis point decline in the yield on interest-earning assets to 3.84 percent for the quarter; and $1.85 million in accretion from acquired loans this quarter compared to $415 thousand in the same quarter last year. Partially offsetting these amounts was a $5.79 million, or 54 basis points, decrease in funding costs on interest-bearing liabilities from the same quarter a year ago. During the third and second quarters of 2020, the Company recognized $2.83 million each quarter in deferred net loan fees on Paycheck Protection Program ('PPP") loans. PPP loans totaled $703.73 million at September 30, 2020 ($703.48 million and $430.84 million in average balances for the third quarter and year-to-date, respectively). The remainder of the PPP net deferred loan fees totaled $15.97 million at September 30, 2020 and continues to be amortized over the shorter of the repayment period or the contractual life of 24 months. Accounting Standards Update (ASU) 2016-13, "Financial Instruments Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" ("CECL"), became effective for the Company on January 1, 2020. However, the pandemic-related legislation included an option for entities to delay the implementation of CECL until the earlier of the termination date of the national emergency declaration by the President, or December 31, 2020. The Company elected to delay implementation of CECL and has calculated and recorded the provision for credit losses for the quarter and year-to-date under the incurred loss model that existed prior to CECL. The Company is prepared to adopt CECL during the fourth quarter, retroactively effective as of January 1, 2020, which will likely require adjusting previously reported provisions for credit losses in the previous quarters of 2020. The provision for credit losses was $9.00 million in the third quarter of 2020, including $1.50 million related to the provision for unfunded commitments, compared with $450 thousand in the third quarter of 2019. During the third quarter of 2020, net charge-offs totaled $409 thousand compared to $381 thousand in the third quarter of 2019. The Company's provision for credit losses in the third quarter of 2020 continues to reflect uncertainty surrounding the economic impact caused by the pandemic and the decline in oil and gas prices. At September 30, 2020, the allowance for loan losses totaled $76.04 million, or 1.44 percent of loans held-for-investment ("loans" hereafter), or 1.66 percent of loans excluding PPP loans, compared to $51.89 million at September 30, 2019, or 1.27 percent of loans. Nonperforming assets as a percentage of loans and foreclosed assets totaled 0.81 percent at September 30, 2020, compared with 0.66 percent at September 30, 2019. Classified loans totaled $202.04 million at September 30, 2020, compared to $119.20 million at September 30, 2019. In mid-March of 2020, the Company began offering deferral and extensions of principle and/or interest payments to selected borrowers on a case-by-case basis. During the third quarter, we provided new or extended existing customers deferrals and extensions on a case-by-case basis considering the current and projected profile of the borrower. At September 30, 2020, the Company had approximately 122 loans totaling $18.65 million in outstanding loans subject to deferral and extension agreements, representing 0.41 percent of outstanding loans, excluding PPP loans compared to 2,200 loans totaling $468.54 million, or 10.30 percent of outstanding loans, excluding PPP loans, at June 30, 2020. At September 30, 2020, loans with oil and gas industry exposure, excluding PPP loans, totaled $118.57 million, or 2.58 percent of outstanding loans, excluding PPP loans. These loans comprised $26.82 million of classified loans including $6.80 million in nonaccrual loans. At September 30, 2020, the Company's allowance for loan loss specific reserves on its oil and gas loan portfolio totaled 8.01 percent of total oil and gas loans, excluding PPP loans, and had net charge-offs totaling $801 thousand for the nine months ended September 30, 2020, respectively. There were no charge-offs associated with oil and gas loans during the third quarter of 2020. In addition, at September 30, 2020, loans in the retail/restaurant/hospitality industries, excluding PPP loans, totaled $359.02 million or 7.82 percent of the Company's outstanding loans, excluding PPP loans. These loans comprised $28.17 million of classified loans including $5.69 million in nonaccrual loans. Net charge-offs related to this portfolio totaled $26 thousand and $334 thousand for the three and nine months ended September 30, 2020, respectively. Noninterest income in the third quarter of 2020 rose to $38.58 million from $28.67 million for the third quarter of 2019, as a result of the following: Trust fees increased to $7.46 million in the third quarter of 2020 from $7.05 million in the third quarter of 2019. The fair value of trust assets managed increased to $6.95 billion, up 9.36 percent at September 30, 2020 from $6.36 billion at September 30, 2019. Service charges on deposits were $5.01 million in the third quarter of 2020 compared with $5.63 million in the third quarter of 2019. The decline in service charge revenue in 2020 when compared to 2019 has primarily been driven by lower overdraft fees in the current year related to the effects of the pandemic and related stimulus programs, although service charge income increased $691 thousand in the third quarter over the second quarter of 2020. ATM, interchange and credit card fees increased to $8.64 million in the third quarter of 2020 from $7.73 million in the third quarter of 2019, driven by continued growth in the number of debit cards issued as well as our Bryan/College Station acquisition. Mortgage income increased to $15.23 million compared with $5.73 million in the third quarter of 2019 due to a significant increase in the volume of loans originated driven by the lower rate environment and the strong housing market in Texas. The Company's mortgage pipeline increased to $235.63 million as of September 30, 2020, when compared to $62.79 million at September 30, 2019. Noninterest expense for the third quarter of 2020 totaled $55.59 million compared to $48.91 million in the third quarter of 2019, as a result of the following: Salary, commissions and employee benefit costs totaled $33.65 million for the third quarter of 2020, compared to $28.55 million in the third quarter of 2019. The increase over the prior year was primarily driven by the Bryan/College Station acquisition, annual merit-based pay increases and higher mortgage related commissions and incentives. The $2.84 million increase in the third quarter of 2020 when compared to the second quarter of 2020 primarily resulted from the $3.62 million one-time deferral of salaries related to PPP loans in the second quarter of 2020 and a $1.30 million increase in mortgage related commissions and incentives partially offset by a decrease in other employee costs. Noninterest expense in the second quarter of 2020 included conversion related costs totaling $583 thousand as a result of the Bryan/College Station acquisition, while no significant conversion related costs were incurred in the third quarters of 2020 and 2019. The Company's efficiency ratio in the third quarter of 2020 was 42.45 percent compared with 47.54 percent in the third quarter of 2019. As of September 30, 2020, consolidated assets for the Company totaled $10.57 billion compared to $8.11 billion at September 30, 2019. Loans totaled $5.29 billion at September 30, 2020, compared with loans of $4.10 billion at September 30, 2019, representing approximately 29 percent growth driven by the Bryan/College Station acquisition, PPP loans and organic growth. Deposits totaled $8.29 billion at September 30, 2020, compared to $6.40 billion at September 30, 2019, representing approximately 30 percent growth driven by organic growth and the acquisition. Noninterest-bearing deposits increased to 35.6 percent of total deposits at September 30, 2020 compared to 34.6 percent at September 30, 2019. Shareholders' equity rose to $1.62 billion as of September 30, 2020, compared to $1.21 billion at September 30, 2019, primarily from the Bryan/College Station acquisition, undistributed earnings and the net increase in the net unrealized gain on investment securities. At September 30, 2020, the Company's capital ratios significantly exceeded all well-capitalized requirements. About First Financial Bankshares, Inc. Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 78 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with ten locations and First Technology Services, Inc., a technology operating company. The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial, please visit our website at http://www.ffin.com. Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect", "plan", "anticipate", "target", "forecast" and "goal". Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; economic impact of oil and gas prices and the pandemic, changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents and Filings" on the Company's Website or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise. FIRST FINANCIAL BANKSHARES, INC. CONSOLIDATED FINANCIAL SUMMARY (UNAUDITED) (In thousands, except share and per share data) As of 2020 2019 ASSETS Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Cash and due from banks $ 175,088 $ 188,373 $ 191,486 $ 231,534 $ 198,855 Interest-bearing deposits in banks 58,933 196,426 76,378 47,920 31,410 Federal funds sold - - - 3,150 - Investment securities 4,431,280 4,118,863 4,107,069 3,413,317 3,397,156 Loans, held-for-investment 5,293,679 5,253,067 4,639,389 4,194,969 4,100,316 Allowance for loan losses (76,038) (68,947) (60,440) (52,499) (51,889) Net loans, held-for-investment 5,217,641 5,184,120 4,578,949 4,142,470 4,048,427 Loans, held-for-sale 101,055 66,370 42,034 28,228 40,499 Premises and equipment, net 141,002 138,933 139,554 131,022 132,367 Goodwill 313,481 313,481 312,842 171,565 171,565 Other intangible assets 5,394 5,884 6,392 2,102 2,340 Other assets 123,778 127,367 246,387 90,919 91,220 Total assets $ 10,567,652 $ 10,339,817 $ 9,701,091 $ 8,262,227 $ 8,113,839 LIABILITIES AND SHAREHOLDERS' EQUITY Noninterest-bearing deposits $ 2,950,407 $ 2,941,679 $ 2,288,597 $ 2,065,128 $ 2,210,997 Interest-bearing deposits 5,344,481 5,215,963 4,921,869 4,538,678 4,186,686 Total deposits 8,294,888 8,157,642 7,210,466 6,603,806 6,397,683 Borrowings 503,163 449,224 857,871 381,356 400,155 Other liabilities 150,100 150,502 106,392 49,868 110,903 Shareholders' equity 1,619,501 1,582,449 1,526,362 1,227,197 1,205,098 Total liabilities and shareholders' equity $ 10,567,652 $ 10,339,817 $ 9,701,091 $ 8,262,227 $ 8,113,839 Quarter Ended 2020 2019 INCOME STATEMENTS Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Interest income $ 91,373 $ 92,197 $ 88,100 $ 82,123 $ 80,591 Interest expense 2,163 2,962 7,198 6,801 7,953 Net interest income 89,210 89,235 80,902 75,322 72,638 Provision for loan losses 7,500 8,700 9,850 950 450 Provision for unfunded commitments 1,500 - - - - Net interest income after provisions for credit losses 80,210 80,535 71,052 74,372 72,188 Noninterest income 38,575 36,919 28,732 27,347 28,669 Noninterest expense 55,593 53,321 55,318 51,938 48,910 Net income before income taxes 63,192 64,133 44,466 49,781 51,947 Income tax expense 10,335 10,663 7,234 8,393 8,867 Net income $ 52,857 $ 53,470 $ 37,232 $ 41,388 $ 43,080 PER COMMON SHARE DATA Net income - basic $ 0.37 $ 0.38 $ 0.26 $ 0.30 $ 0.32 Net income - diluted 0.37 0.38 0.26 0.30 0.32 Cash dividends declared 0.13 0.13 0.12 0.12 0.12 Book value 11.40 11.14 10.73 9.03 8.87 Tangible book value 9.15 8.89 8.48 7.75 7.59 Market value $ 27.91 $ 28.89 $ 26.84 $ 35.10 $ 33.33 Shares outstanding - end of period 142,121,595 142,035,396 142,314,930 135,891,755 135,822,456 Average outstanding shares - basic 141,980,707 141,973,522 142,118,864 135,747,381 135,693,901 Average outstanding shares - diluted 142,529,242 142,454,083 142,735,208 136,539,286 136,369,328 PERFORMANCE RATIOS Return on average assets 2.01 % 2.06 % 1.63 % 2.01 % 2.15 % Return on average equity 13.14 14.00 10.11 13.56 14.46 Return on average tangible equity 16.41 17.67 12.89 15.83 16.96 Net interest margin (tax equivalent) 3.75 3.78 3.91 3.99 3.94 Efficiency ratio 42.45 41.32 49.63 49.75 47.54 Nine Months Ended Sept. 30, INCOME STATEMENTS 2020 2019 Interest income $ 271,671 $ 237,069 Interest expense 12,323 23,301 Net interest income 259,348 213,768 Provision for loan losses 26,050 2,015 Provision for unfunded commitments 1,500 - Net interest income after provisions for credit losses 231,798 211,753 Noninterest income 104,226 81,081 Noninterest expense 164,233 144,583 Net income before income taxes 171,791 148,251 Income tax expense 28,233 24,827 Net income $ 143,558 $ 123,424 PER COMMON SHARE DATA Net income - basic $ 1.01 $ 0.91 Net income - diluted 1.01 0.91 Cash dividends declared 0.38 0.35 Book value 11.40 8.87 Tangible book value 9.15 7.59 Market value $ 27.91 $ 33.33 Shares outstanding - end of period 142,121,595 135,822,456 Average outstanding shares - basic 142,023,930 135,613,646 Average outstanding shares - diluted 142,519,448 136,274,342 PERFORMANCE RATIOS Return on average assets 1.91 % 2.10 % Return on average equity 12.46 14.67 Return on average tangible equity 15.71 17.36 Net interest margin (tax equivalent) 3.81 3.97 Efficiency ratio 44.21 48.21 FIRST FINANCIAL BANKSHARES, INC. SELECTED FINANCIAL DATA (UNAUDITED) (In thousands) Quarter Ended 2020 2019 ALLOWANCE FOR LOAN LOSSES Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Balance at beginning of period $ 68,947 $ 60,440 $ 52,499 $ 51,889 $ 51,820 Loans charged off (853) (894) (2,227) (834) (767) Loan recoveries 444 701 318 494 386 Net recoveries (charge-offs) (409) (193) (1,909) (340) (381) Provision for loan losses 7,500 8,700 9,850 950 450 Balance at end of period $ 76,038 $ 68,947 $ 60,440 $ 52,499 $ 51,889 Allowance for loan losses / period-end loans held-for-investment 1.44 % 1.31 % 1.30 % 1.25 % 1.27 % Allowance for loan losses / nonperforming loans 177.99 174.83 153.16 212.02 200.75 Net charge-offs / average total loans (annualized) 0.03 0.01 0.16 0.03 0.04 SUMMARY OF LOAN CLASSIFICATION Special Mention $ 66,033 $ 63,489 $ 87,099 $ 63,371 $ 46,300 Substandard 136,010 137,408 103,249 77,284 72,904 Doubtful - - - - - Total classified loans $ 202,043 $ 200,897 $ 190,348 $ 140,655 $ 119,204 NONPERFORMING ASSETS Nonaccrual loans $ 42,673 $ 39,320 $ 39,226 $ 24,582 $ 25,717 Accruing troubled debt restructured loans 25 25 26 26 27 Accruing loans 90 days past due 23 92 209 153 104 Total nonperforming loans 42,721 39,437 39,461 24,761 25,848 Foreclosed assets 331 287 983 1,009 1,364 Total nonperforming assets $ 43,052 $ 39,724 $ 40,444 $ 25,770 $ 27,212 As a % of loans held-for-investment and foreclosed assets 0.81 % 0.76 % 0.87 % 0.61 % 0.66 % As a % of end of period total assets 0.41 0.38 0.42 0.31 0.34 OIL AND GAS PORTFOLIO INFORMATION * Oil and gas loans $ 118,567 $ 128,143 $ 117,223 $ 119,789 $ 122,908 Oil and gas loans as a % of total loans held-for-investment 2.58 % 2.82 % 2.53 % 2.86 % 3.00 % Classified oil and gas loans 26,823 28,366 22,032 7,041 7,953 Nonaccrual oil and gas loans 6,800 3,702 3,477 481 519 Net charge-offs for oil and gas loans - 195 606 - - Allowance for oil and gas loans as a % of oil and gas loans 8.01 % 4.17 % 4.46 % 2.54 % 2.87 % * Excluding PPP loans RETAIL/RESTAURANT/HOSPITALITY PORTFOLIO INFORMATION * Retail loans $ 229,386 $ 216,244 $ 217,380 Restaurant loans 39,523 46,418 25,570 Hotel loans 63,273 51,957 46,690 Other hospitality loans 26,041 23,230 8,470 Travel loans 801 908 937 Total Retail/Restaurant/Hospitality loans $ 359,024 $ 338,757 $ 299,047 Retail/Restaurant/Hospitality loans as a % of total loans held-for-investment 7.82 % 7.45 % 6.45 % Classified Retail/Restaurant/Hospitality loans $ 28,171 $ 15,837 $ 5,680 Nonaccrual Retail/Restaurant/Hospitality loans 5,689 5,752 867 Net Charge-offs for Retail/Restaurant/Hospitality loans 26 178 130 * Excluding PPP loans CAPITAL RATIOS Common equity Tier 1 capital ratio 20.56 % 20.78 % 19.55 % 20.06 % 20.05 % Tier 1 capital ratio 20.56 20.78 19.55 20.06 20.05 Total capital ratio 21.82 22.03 20.65 21.13 21.14 Tier 1 leverage ratio 11.65 11.25 12.49 12.60 12.58 Tangible common equity ratio 12.61 12.00 13.09 12.43 12.94 Equity/Assets ratio 15.33 15.30 15.73 14.85 14.85 Quarter Ended 2020 2019 NONINTEREST INCOME Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Trust fees $ 7,461 $ 6,961 $ 7,437 $ 7,344 $ 7,051 Service charges on deposits 5,009 4,318 5,915 5,861 5,629 ATM, interchange and credit card fees 8,644 8,049 7,400 7,943 7,728 Gain on sale and fees on mortgage loans 15,228 13,676 3,852 4,216 5,733 Net gain on sale of available-for-sale securities 36 1,512 2,062 5 52 Net gain (loss) on sale of foreclosed assets 19 52 1 81 71 Net gain (loss) on sale of assets (2) (24) 116 78 235 Interest on loan recoveries 202 154 265 277 575 Other noninterest income 1,978 2,221 1,684 1,542 1,595 Total noninterest income $ 38,575 $ 36,919 $ 28,732 $ 27,347 $ 28,669 NONINTEREST EXPENSE Salaries, commissions and employee benefits, excluding profit sharing $ 32,104 $ 28,836 $ 28,670 $ 27,175 $ 27,030 Cost related to termination of pension plan - - - 1,700 - Profit sharing expense 1,545 1,978 972 2,766 1,520 Net occupancy expense 3,193 3,101 3,027 2,784 2,830 Equipment expense 2,157 2,010 2,075 2,043 2,225 FDIC insurance premiums 587 463 45 - 15 ATM, interchange and credit card expenses 2,829 2,610 2,985 2,419 2,627 Legal, tax and professional fees 2,615 2,931 2,921 2,353 2,274 Audit fees 526 739 411 233 341 Printing, stationery and supplies 615 533 566 465 480 Amortization of intangible assets 490 508 509 238 246 Advertising and public relations 797 1,011 1,195 1,791 1,745 Operational and other losses 621 728 576 626 507 Software amortization and expense 2,265 2,010 2,024 2,158 1,767 Other noninterest expense 5,249 5,863 9,342 5,187 5,303 Total noninterest expense $ 55,593 $ 53,321 $ 55,318 $ 51,938 $ 48,910 TAX EQUIVALENT YIELD ADJUSTMENT $ 3,170 $ 2,902 $ 1,834 $ 1,732 $ 1,575 Nine Months Ended Sept. 30, NONINTEREST INCOME 2020 2019 Trust fees $ 21,859 $ 21,057 Service charges on deposits 15,242 16,179 ATM, interchange and credit card fees 24,093 21,920 Gain on sale and fees on mortgage loans 32,756 13,928 Net gain (loss) on sale of available-for-sale securities 3,610 728 Net gain (loss) on sale of foreclosed assets 72 193 Net gain (loss) on sale of assets 90 241 Interest on loan recoveries 621 1,815 Other noninterest income 5,883 5,020 Total noninterest income $ 104,226 $ 81,081 NONINTEREST EXPENSE Salaries, commissions and employee benefits, excluding profit sharing $ 89,610 $ 77,573 Cost related to termination of pension plan - 900 Profit sharing expense 4,495 4,895 Net occupancy expense 9,321 8,372 Equipment expense 6,242 7,009 FDIC insurance premiums 1,095 1,091 ATM, interchange and credit card expenses 8,424 7,437 Legal, tax and professional fees 8,467 6,729 Audit fees 1,676 1,212 Printing, stationery and supplies 1,714 1,348 Amortization of intangible assets 1,507 778 Advertising and public relations 3,003 5,022 Operational and other losses 1,925 1,253 Software amortization and expense 6,299 5,147 Other noninterest expense 20,455 15,817 Total noninterest expense $ 164,233 $ 144,583 TAX EQUIVALENT YIELD ADJUSTMENT $ 7,905 $ 5,058 FIRST FINANCIAL BANKSHARES, INC. SELECTED FINANCIAL DATA (UNAUDITED) (In thousands) Three Months Ended Three Months Ended Sept. 30, 2020 June 30, 2020 Average Tax Equivalent Yield / Average Tax Equivalent Yield / Balance Interest Rate Balance Interest Rate Interest-earning assets: Federal funds sold $ 2,009 $ 3 0.51 % $ 840 $ 1 0.51 % Interest-bearing deposits in nonaffiliated banks 223,104 59 0.10 352,628 86 0.10 Taxable securities 2,187,547 12,063 2.21 2,399,364 14,030 2.34 Tax exempt securities 2,058,032 15,737 3.06 1,800,339 14,733 3.27 Loans 5,334,174 66,681 4.97 5,248,052 66,249 5.08 Total interest-earning assets 9,804,866 $ 94,543 3.84 % 9,801,223 $ 95,099 3.90 % Noninterest-earning assets 671,374 663,595 Total assets $ 10,476,240 $ 10,464,818 Interest-bearing liabilities: Deposits $ 5,270,600 $ 2,064 0.16 % $ 5,135,772 $ 2,550 0.20 % Borrowings 482,555 99 0.08 877,076 412 0.19 Total interest-bearing liabilities 5,753,155 $ 2,163 0.15 % 6,012,848 $ 2,962 0.20 % Noninterest-bearing liabilities 3,122,995 2,915,461 Shareholders' equity 1,600,090 1,536,509 Total liabilities and shareholders' equity $ 10,476,240 $ 10,464,818 Net interest income and margin (tax equivalent) $ 92,380 3.75 % $ 92,137 3.78 % Three Months Ended Three Months Ended Mar. 31 2020 Dec. 31, 2019 Average Tax Equivalent Yield / Average Tax Equivalent Yield / Balance Interest Rate Balance Interest Rate Interest-earning assets: Federal funds sold $ 2,712 $ 10 1.50 % $ 1,198 $ 6 2.03 % Interest-bearing deposits in nonaffiliated banks 220,906 745 1.36 54,841 218 1.58 Taxable securities 2,263,329 14,655 2.59 2,185,777 14,165 2.59 Tax exempt securities 1,346,842 11,200 3.33 1,243,487 10,695 3.44 Loans 4,667,436 63,323 5.46 4,185,716 58,771 5.57 Total interest-earning assets 8,501,225 $ 89,933 4.25 % 7,671,019 $ 83,855 4.34 % Noninterest-earning assets 692,432 500,924 Total assets $ 9,193,657 $ 8,171,943 Interest-bearing liabilities: Deposits $ 4,904,087 $ 6,680 0.55 % $ 4,336,063 $ 6,052 0.55 % Borrowings 460,605 517 0.45 417,316 749 0.71 Total interest-bearing liabilities 5,364,692 $ 7,197 0.54 % 4,753,379 $ 6,801 0.57 % Noninterest-bearing liabilities 2,348,485 2,207,508 Shareholders' equity 1,480,480 1,211,056 Total liabilities and shareholders' equity $ 9,193,657 $ 8,171,943 Net interest income and margin (tax equivalent) $ 82,736 3.91 % $ 77,054 3.99 % Three Months Ended Sept. 30, 2019 Average Tax Equivalent Yield / Balance Interest Rate Interest-earning assets: Federal funds sold $ 3,006 $ 19 2.52 % Interest-bearing deposits in nonaffiliated banks 61,465 363 2.34 Taxable securities 2,183,930 14,292 2.62 Tax exempt securities 1,132,279 10,075 3.56 Loans 4,094,235 57,417 5.56 Total interest-earning assets 7,474,915 $ 82,166 4.36 % Noninterest-earning assets 489,446 Total assets $ 7,964,361 Interest-bearing liabilities: Deposits $ 4,156,850 $ 7,123 0.68 % Borrowings 388,235 830 0.85 Total interest-bearing liabilities 4,545,085 $ 7,953 0.69 % Noninterest-bearing liabilities 2,237,462 Shareholders' equity 1,181,814 Total liabilities and shareholders' equity $ 7,964,361 Net interest income and margin (tax equivalent) $ 74,213 3.94 % Nine Months Ended Nine Months Ended Sept. 30, 2020 Sept. 30, 2019 Average Tax Equivalent Yield / Average Tax Equivalent Yield / Balance Interest Rate Balance Interest Rate Interest-earning assets: Federal funds sold $ 1,854 $ 14 0.99 % $ 4,438 $ 92 2.76 % Interest-bearing deposits in nonaffiliated banks 267,850 889 0.44 89,559 1,575 2.35 Taxable securities 2,283,064 40,748 2.38 2,058,380 41,505 2.69 Tax exempt securities 1,736,250 41,670 3.20 1,175,863 31,968 3.62 Loans 5,084,136 196,255 5.16 4,037,243 166,987 5.53 Total interest-earning assets 9,373,154 $ 279,576 3.98 % 7,365,483 $ 242,127 4.40 % Noninterest-earning assets 673,325 495,179 Total assets $ 10,046,479 $ 7,860,662 Interest-bearing liabilities: Deposits $ 5,104,096 $ 11,293 0.30 % $ 4,165,735 $ 21,071 0.68 % Borrowings 606,291 1,030 0.23 391,680 2,230 0.76 Total interest-bearing liabilities 5,710,387 $ 12,323 0.29 % 4,557,415 $ 23,301 0.68 % Noninterest-bearing liabilities 2,796,843 2,178,412 Shareholders' equity 1,539,249 1,124,835 Total liabilities and shareholders' equity $ 10,046,479 $ 7,860,662 Net interest income and margin (tax equivalent) $ 267,253 3.81 % $ 218,826 3.97 % SOURCE First Financial Bankshares, Inc. Related Links http://www.ffin.com Answer:

First Financial Bankshares Announces Earnings For Third Quarter 2020

ABILENE, Texas, Oct. 22, 2020 /PRNewswire/ --First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings for the third quarter of 2020 of $52.86 million compared with earnings of $43.08 million for the third quarter of 2019, representing a 22.69 percent increase. Basic and diluted earnings per share were $0.37 for the third quarter of 2020 compared with $0.32 for the third quarter of 2019. All amounts for the three and nine months ended September 30, 2020, include the results of the Company's acquisition of TB&T Bancshares, Inc. and its wholly-owned subsidiary, The Bank & Trust of Bryan/College Station, Texas, which was effective January 1, 2020. "We are extremely pleased with our results for the third quarter and year-to-date reflecting our TEXAS STRONG initiative to navigate through the pandemic. Throughout this time, we have kept our doors open to allow our customers to keep their doors open as well. Our approach has proven to be very positive since approximately one-third of the PPP loans were made to prospects and noncustomers who couldn't get them done through their own bank allowing us to grow considerably in loans and deposits as well as trust assets. I am extremely proud of the dedication, hard work and excellent customer service that our 1,450 associates have provided through this time by guiding our customers through the PPP loan process, bringing an unbelievable amount of new business to the Company, and executing a record number of mortgages, all of which has certainly helped our bottom line. As already proven, we are well positioned to navigate through this environment with strong reserves, liquidity, superior capital levels, and a team that doesn't allow pandemics or hurricanes to slow us down. We are optimistic about finishing the year strong and rolling right into 2021," said F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares, Inc. Net interest income for the third quarter of 2020 was $89.21 million, up $16.57 million from net interest income of $72.64 million for the third quarter of 2019. The net interest margin on a tax equivalent basis was 3.75 percent for the quarter compared to 3.94 percent a year ago. Net interest income was positively impacted by a $2.33 billion increase in average-earning assets to $9.80 billion at September 30, 2020, from both organic and acquired growth, partially offset by a 52 basis point decline in the yield on interest-earning assets to 3.84 percent for the quarter; and $1.85 million in accretion from acquired loans this quarter compared to $415 thousand in the same quarter last year. Partially offsetting these amounts was a $5.79 million, or 54 basis points, decrease in funding costs on interest-bearing liabilities from the same quarter a year ago. During the third and second quarters of 2020, the Company recognized $2.83 million each quarter in deferred net loan fees on Paycheck Protection Program ('PPP") loans. PPP loans totaled $703.73 million at September 30, 2020 ($703.48 million and $430.84 million in average balances for the third quarter and year-to-date, respectively). The remainder of the PPP net deferred loan fees totaled $15.97 million at September 30, 2020 and continues to be amortized over the shorter of the repayment period or the contractual life of 24 months. Accounting Standards Update (ASU) 2016-13, "Financial Instruments Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" ("CECL"), became effective for the Company on January 1, 2020. However, the pandemic-related legislation included an option for entities to delay the implementation of CECL until the earlier of the termination date of the national emergency declaration by the President, or December 31, 2020. The Company elected to delay implementation of CECL and has calculated and recorded the provision for credit losses for the quarter and year-to-date under the incurred loss model that existed prior to CECL. The Company is prepared to adopt CECL during the fourth quarter, retroactively effective as of January 1, 2020, which will likely require adjusting previously reported provisions for credit losses in the previous quarters of 2020. The provision for credit losses was $9.00 million in the third quarter of 2020, including $1.50 million related to the provision for unfunded commitments, compared with $450 thousand in the third quarter of 2019. During the third quarter of 2020, net charge-offs totaled $409 thousand compared to $381 thousand in the third quarter of 2019. The Company's provision for credit losses in the third quarter of 2020 continues to reflect uncertainty surrounding the economic impact caused by the pandemic and the decline in oil and gas prices. At September 30, 2020, the allowance for loan losses totaled $76.04 million, or 1.44 percent of loans held-for-investment ("loans" hereafter), or 1.66 percent of loans excluding PPP loans, compared to $51.89 million at September 30, 2019, or 1.27 percent of loans. Nonperforming assets as a percentage of loans and foreclosed assets totaled 0.81 percent at September 30, 2020, compared with 0.66 percent at September 30, 2019. Classified loans totaled $202.04 million at September 30, 2020, compared to $119.20 million at September 30, 2019. In mid-March of 2020, the Company began offering deferral and extensions of principle and/or interest payments to selected borrowers on a case-by-case basis. During the third quarter, we provided new or extended existing customers deferrals and extensions on a case-by-case basis considering the current and projected profile of the borrower. At September 30, 2020, the Company had approximately 122 loans totaling $18.65 million in outstanding loans subject to deferral and extension agreements, representing 0.41 percent of outstanding loans, excluding PPP loans compared to 2,200 loans totaling $468.54 million, or 10.30 percent of outstanding loans, excluding PPP loans, at June 30, 2020. At September 30, 2020, loans with oil and gas industry exposure, excluding PPP loans, totaled $118.57 million, or 2.58 percent of outstanding loans, excluding PPP loans. These loans comprised $26.82 million of classified loans including $6.80 million in nonaccrual loans. At September 30, 2020, the Company's allowance for loan loss specific reserves on its oil and gas loan portfolio totaled 8.01 percent of total oil and gas loans, excluding PPP loans, and had net charge-offs totaling $801 thousand for the nine months ended September 30, 2020, respectively. There were no charge-offs associated with oil and gas loans during the third quarter of 2020. In addition, at September 30, 2020, loans in the retail/restaurant/hospitality industries, excluding PPP loans, totaled $359.02 million or 7.82 percent of the Company's outstanding loans, excluding PPP loans. These loans comprised $28.17 million of classified loans including $5.69 million in nonaccrual loans. Net charge-offs related to this portfolio totaled $26 thousand and $334 thousand for the three and nine months ended September 30, 2020, respectively. Noninterest income in the third quarter of 2020 rose to $38.58 million from $28.67 million for the third quarter of 2019, as a result of the following: Trust fees increased to $7.46 million in the third quarter of 2020 from $7.05 million in the third quarter of 2019. The fair value of trust assets managed increased to $6.95 billion, up 9.36 percent at September 30, 2020 from $6.36 billion at September 30, 2019. Service charges on deposits were $5.01 million in the third quarter of 2020 compared with $5.63 million in the third quarter of 2019. The decline in service charge revenue in 2020 when compared to 2019 has primarily been driven by lower overdraft fees in the current year related to the effects of the pandemic and related stimulus programs, although service charge income increased $691 thousand in the third quarter over the second quarter of 2020. ATM, interchange and credit card fees increased to $8.64 million in the third quarter of 2020 from $7.73 million in the third quarter of 2019, driven by continued growth in the number of debit cards issued as well as our Bryan/College Station acquisition. Mortgage income increased to $15.23 million compared with $5.73 million in the third quarter of 2019 due to a significant increase in the volume of loans originated driven by the lower rate environment and the strong housing market in Texas. The Company's mortgage pipeline increased to $235.63 million as of September 30, 2020, when compared to $62.79 million at September 30, 2019. Noninterest expense for the third quarter of 2020 totaled $55.59 million compared to $48.91 million in the third quarter of 2019, as a result of the following: Salary, commissions and employee benefit costs totaled $33.65 million for the third quarter of 2020, compared to $28.55 million in the third quarter of 2019. The increase over the prior year was primarily driven by the Bryan/College Station acquisition, annual merit-based pay increases and higher mortgage related commissions and incentives. The $2.84 million increase in the third quarter of 2020 when compared to the second quarter of 2020 primarily resulted from the $3.62 million one-time deferral of salaries related to PPP loans in the second quarter of 2020 and a $1.30 million increase in mortgage related commissions and incentives partially offset by a decrease in other employee costs. Noninterest expense in the second quarter of 2020 included conversion related costs totaling $583 thousand as a result of the Bryan/College Station acquisition, while no significant conversion related costs were incurred in the third quarters of 2020 and 2019. The Company's efficiency ratio in the third quarter of 2020 was 42.45 percent compared with 47.54 percent in the third quarter of 2019. As of September 30, 2020, consolidated assets for the Company totaled $10.57 billion compared to $8.11 billion at September 30, 2019. Loans totaled $5.29 billion at September 30, 2020, compared with loans of $4.10 billion at September 30, 2019, representing approximately 29 percent growth driven by the Bryan/College Station acquisition, PPP loans and organic growth. Deposits totaled $8.29 billion at September 30, 2020, compared to $6.40 billion at September 30, 2019, representing approximately 30 percent growth driven by organic growth and the acquisition. Noninterest-bearing deposits increased to 35.6 percent of total deposits at September 30, 2020 compared to 34.6 percent at September 30, 2019. Shareholders' equity rose to $1.62 billion as of September 30, 2020, compared to $1.21 billion at September 30, 2019, primarily from the Bryan/College Station acquisition, undistributed earnings and the net increase in the net unrealized gain on investment securities. At September 30, 2020, the Company's capital ratios significantly exceeded all well-capitalized requirements. About First Financial Bankshares, Inc. Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 78 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with ten locations and First Technology Services, Inc., a technology operating company. The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial, please visit our website at http://www.ffin.com. Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect", "plan", "anticipate", "target", "forecast" and "goal". Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; economic impact of oil and gas prices and the pandemic, changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents and Filings" on the Company's Website or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise. FIRST FINANCIAL BANKSHARES, INC. CONSOLIDATED FINANCIAL SUMMARY (UNAUDITED) (In thousands, except share and per share data) As of 2020 2019 ASSETS Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Cash and due from banks $ 175,088 $ 188,373 $ 191,486 $ 231,534 $ 198,855 Interest-bearing deposits in banks 58,933 196,426 76,378 47,920 31,410 Federal funds sold - - - 3,150 - Investment securities 4,431,280 4,118,863 4,107,069 3,413,317 3,397,156 Loans, held-for-investment 5,293,679 5,253,067 4,639,389 4,194,969 4,100,316 Allowance for loan losses (76,038) (68,947) (60,440) (52,499) (51,889) Net loans, held-for-investment 5,217,641 5,184,120 4,578,949 4,142,470 4,048,427 Loans, held-for-sale 101,055 66,370 42,034 28,228 40,499 Premises and equipment, net 141,002 138,933 139,554 131,022 132,367 Goodwill 313,481 313,481 312,842 171,565 171,565 Other intangible assets 5,394 5,884 6,392 2,102 2,340 Other assets 123,778 127,367 246,387 90,919 91,220 Total assets $ 10,567,652 $ 10,339,817 $ 9,701,091 $ 8,262,227 $ 8,113,839 LIABILITIES AND SHAREHOLDERS' EQUITY Noninterest-bearing deposits $ 2,950,407 $ 2,941,679 $ 2,288,597 $ 2,065,128 $ 2,210,997 Interest-bearing deposits 5,344,481 5,215,963 4,921,869 4,538,678 4,186,686 Total deposits 8,294,888 8,157,642 7,210,466 6,603,806 6,397,683 Borrowings 503,163 449,224 857,871 381,356 400,155 Other liabilities 150,100 150,502 106,392 49,868 110,903 Shareholders' equity 1,619,501 1,582,449 1,526,362 1,227,197 1,205,098 Total liabilities and shareholders' equity $ 10,567,652 $ 10,339,817 $ 9,701,091 $ 8,262,227 $ 8,113,839 Quarter Ended 2020 2019 INCOME STATEMENTS Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Interest income $ 91,373 $ 92,197 $ 88,100 $ 82,123 $ 80,591 Interest expense 2,163 2,962 7,198 6,801 7,953 Net interest income 89,210 89,235 80,902 75,322 72,638 Provision for loan losses 7,500 8,700 9,850 950 450 Provision for unfunded commitments 1,500 - - - - Net interest income after provisions for credit losses 80,210 80,535 71,052 74,372 72,188 Noninterest income 38,575 36,919 28,732 27,347 28,669 Noninterest expense 55,593 53,321 55,318 51,938 48,910 Net income before income taxes 63,192 64,133 44,466 49,781 51,947 Income tax expense 10,335 10,663 7,234 8,393 8,867 Net income $ 52,857 $ 53,470 $ 37,232 $ 41,388 $ 43,080 PER COMMON SHARE DATA Net income - basic $ 0.37 $ 0.38 $ 0.26 $ 0.30 $ 0.32 Net income - diluted 0.37 0.38 0.26 0.30 0.32 Cash dividends declared 0.13 0.13 0.12 0.12 0.12 Book value 11.40 11.14 10.73 9.03 8.87 Tangible book value 9.15 8.89 8.48 7.75 7.59 Market value $ 27.91 $ 28.89 $ 26.84 $ 35.10 $ 33.33 Shares outstanding - end of period 142,121,595 142,035,396 142,314,930 135,891,755 135,822,456 Average outstanding shares - basic 141,980,707 141,973,522 142,118,864 135,747,381 135,693,901 Average outstanding shares - diluted 142,529,242 142,454,083 142,735,208 136,539,286 136,369,328 PERFORMANCE RATIOS Return on average assets 2.01 % 2.06 % 1.63 % 2.01 % 2.15 % Return on average equity 13.14 14.00 10.11 13.56 14.46 Return on average tangible equity 16.41 17.67 12.89 15.83 16.96 Net interest margin (tax equivalent) 3.75 3.78 3.91 3.99 3.94 Efficiency ratio 42.45 41.32 49.63 49.75 47.54 Nine Months Ended Sept. 30, INCOME STATEMENTS 2020 2019 Interest income $ 271,671 $ 237,069 Interest expense 12,323 23,301 Net interest income 259,348 213,768 Provision for loan losses 26,050 2,015 Provision for unfunded commitments 1,500 - Net interest income after provisions for credit losses 231,798 211,753 Noninterest income 104,226 81,081 Noninterest expense 164,233 144,583 Net income before income taxes 171,791 148,251 Income tax expense 28,233 24,827 Net income $ 143,558 $ 123,424 PER COMMON SHARE DATA Net income - basic $ 1.01 $ 0.91 Net income - diluted 1.01 0.91 Cash dividends declared 0.38 0.35 Book value 11.40 8.87 Tangible book value 9.15 7.59 Market value $ 27.91 $ 33.33 Shares outstanding - end of period 142,121,595 135,822,456 Average outstanding shares - basic 142,023,930 135,613,646 Average outstanding shares - diluted 142,519,448 136,274,342 PERFORMANCE RATIOS Return on average assets 1.91 % 2.10 % Return on average equity 12.46 14.67 Return on average tangible equity 15.71 17.36 Net interest margin (tax equivalent) 3.81 3.97 Efficiency ratio 44.21 48.21 FIRST FINANCIAL BANKSHARES, INC. SELECTED FINANCIAL DATA (UNAUDITED) (In thousands) Quarter Ended 2020 2019 ALLOWANCE FOR LOAN LOSSES Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Balance at beginning of period $ 68,947 $ 60,440 $ 52,499 $ 51,889 $ 51,820 Loans charged off (853) (894) (2,227) (834) (767) Loan recoveries 444 701 318 494 386 Net recoveries (charge-offs) (409) (193) (1,909) (340) (381) Provision for loan losses 7,500 8,700 9,850 950 450 Balance at end of period $ 76,038 $ 68,947 $ 60,440 $ 52,499 $ 51,889 Allowance for loan losses / period-end loans held-for-investment 1.44 % 1.31 % 1.30 % 1.25 % 1.27 % Allowance for loan losses / nonperforming loans 177.99 174.83 153.16 212.02 200.75 Net charge-offs / average total loans (annualized) 0.03 0.01 0.16 0.03 0.04 SUMMARY OF LOAN CLASSIFICATION Special Mention $ 66,033 $ 63,489 $ 87,099 $ 63,371 $ 46,300 Substandard 136,010 137,408 103,249 77,284 72,904 Doubtful - - - - - Total classified loans $ 202,043 $ 200,897 $ 190,348 $ 140,655 $ 119,204 NONPERFORMING ASSETS Nonaccrual loans $ 42,673 $ 39,320 $ 39,226 $ 24,582 $ 25,717 Accruing troubled debt restructured loans 25 25 26 26 27 Accruing loans 90 days past due 23 92 209 153 104 Total nonperforming loans 42,721 39,437 39,461 24,761 25,848 Foreclosed assets 331 287 983 1,009 1,364 Total nonperforming assets $ 43,052 $ 39,724 $ 40,444 $ 25,770 $ 27,212 As a % of loans held-for-investment and foreclosed assets 0.81 % 0.76 % 0.87 % 0.61 % 0.66 % As a % of end of period total assets 0.41 0.38 0.42 0.31 0.34 OIL AND GAS PORTFOLIO INFORMATION * Oil and gas loans $ 118,567 $ 128,143 $ 117,223 $ 119,789 $ 122,908 Oil and gas loans as a % of total loans held-for-investment 2.58 % 2.82 % 2.53 % 2.86 % 3.00 % Classified oil and gas loans 26,823 28,366 22,032 7,041 7,953 Nonaccrual oil and gas loans 6,800 3,702 3,477 481 519 Net charge-offs for oil and gas loans - 195 606 - - Allowance for oil and gas loans as a % of oil and gas loans 8.01 % 4.17 % 4.46 % 2.54 % 2.87 % * Excluding PPP loans RETAIL/RESTAURANT/HOSPITALITY PORTFOLIO INFORMATION * Retail loans $ 229,386 $ 216,244 $ 217,380 Restaurant loans 39,523 46,418 25,570 Hotel loans 63,273 51,957 46,690 Other hospitality loans 26,041 23,230 8,470 Travel loans 801 908 937 Total Retail/Restaurant/Hospitality loans $ 359,024 $ 338,757 $ 299,047 Retail/Restaurant/Hospitality loans as a % of total loans held-for-investment 7.82 % 7.45 % 6.45 % Classified Retail/Restaurant/Hospitality loans $ 28,171 $ 15,837 $ 5,680 Nonaccrual Retail/Restaurant/Hospitality loans 5,689 5,752 867 Net Charge-offs for Retail/Restaurant/Hospitality loans 26 178 130 * Excluding PPP loans CAPITAL RATIOS Common equity Tier 1 capital ratio 20.56 % 20.78 % 19.55 % 20.06 % 20.05 % Tier 1 capital ratio 20.56 20.78 19.55 20.06 20.05 Total capital ratio 21.82 22.03 20.65 21.13 21.14 Tier 1 leverage ratio 11.65 11.25 12.49 12.60 12.58 Tangible common equity ratio 12.61 12.00 13.09 12.43 12.94 Equity/Assets ratio 15.33 15.30 15.73 14.85 14.85 Quarter Ended 2020 2019 NONINTEREST INCOME Sept. 30, June 30, Mar. 31, Dec. 31, Sept. 30, Trust fees $ 7,461 $ 6,961 $ 7,437 $ 7,344 $ 7,051 Service charges on deposits 5,009 4,318 5,915 5,861 5,629 ATM, interchange and credit card fees 8,644 8,049 7,400 7,943 7,728 Gain on sale and fees on mortgage loans 15,228 13,676 3,852 4,216 5,733 Net gain on sale of available-for-sale securities 36 1,512 2,062 5 52 Net gain (loss) on sale of foreclosed assets 19 52 1 81 71 Net gain (loss) on sale of assets (2) (24) 116 78 235 Interest on loan recoveries 202 154 265 277 575 Other noninterest income 1,978 2,221 1,684 1,542 1,595 Total noninterest income $ 38,575 $ 36,919 $ 28,732 $ 27,347 $ 28,669 NONINTEREST EXPENSE Salaries, commissions and employee benefits, excluding profit sharing $ 32,104 $ 28,836 $ 28,670 $ 27,175 $ 27,030 Cost related to termination of pension plan - - - 1,700 - Profit sharing expense 1,545 1,978 972 2,766 1,520 Net occupancy expense 3,193 3,101 3,027 2,784 2,830 Equipment expense 2,157 2,010 2,075 2,043 2,225 FDIC insurance premiums 587 463 45 - 15 ATM, interchange and credit card expenses 2,829 2,610 2,985 2,419 2,627 Legal, tax and professional fees 2,615 2,931 2,921 2,353 2,274 Audit fees 526 739 411 233 341 Printing, stationery and supplies 615 533 566 465 480 Amortization of intangible assets 490 508 509 238 246 Advertising and public relations 797 1,011 1,195 1,791 1,745 Operational and other losses 621 728 576 626 507 Software amortization and expense 2,265 2,010 2,024 2,158 1,767 Other noninterest expense 5,249 5,863 9,342 5,187 5,303 Total noninterest expense $ 55,593 $ 53,321 $ 55,318 $ 51,938 $ 48,910 TAX EQUIVALENT YIELD ADJUSTMENT $ 3,170 $ 2,902 $ 1,834 $ 1,732 $ 1,575 Nine Months Ended Sept. 30, NONINTEREST INCOME 2020 2019 Trust fees $ 21,859 $ 21,057 Service charges on deposits 15,242 16,179 ATM, interchange and credit card fees 24,093 21,920 Gain on sale and fees on mortgage loans 32,756 13,928 Net gain (loss) on sale of available-for-sale securities 3,610 728 Net gain (loss) on sale of foreclosed assets 72 193 Net gain (loss) on sale of assets 90 241 Interest on loan recoveries 621 1,815 Other noninterest income 5,883 5,020 Total noninterest income $ 104,226 $ 81,081 NONINTEREST EXPENSE Salaries, commissions and employee benefits, excluding profit sharing $ 89,610 $ 77,573 Cost related to termination of pension plan - 900 Profit sharing expense 4,495 4,895 Net occupancy expense 9,321 8,372 Equipment expense 6,242 7,009 FDIC insurance premiums 1,095 1,091 ATM, interchange and credit card expenses 8,424 7,437 Legal, tax and professional fees 8,467 6,729 Audit fees 1,676 1,212 Printing, stationery and supplies 1,714 1,348 Amortization of intangible assets 1,507 778 Advertising and public relations 3,003 5,022 Operational and other losses 1,925 1,253 Software amortization and expense 6,299 5,147 Other noninterest expense 20,455 15,817 Total noninterest expense $ 164,233 $ 144,583 TAX EQUIVALENT YIELD ADJUSTMENT $ 7,905 $ 5,058 FIRST FINANCIAL BANKSHARES, INC. SELECTED FINANCIAL DATA (UNAUDITED) (In thousands) Three Months Ended Three Months Ended Sept. 30, 2020 June 30, 2020 Average Tax Equivalent Yield / Average Tax Equivalent Yield / Balance Interest Rate Balance Interest Rate Interest-earning assets: Federal funds sold $ 2,009 $ 3 0.51 % $ 840 $ 1 0.51 % Interest-bearing deposits in nonaffiliated banks 223,104 59 0.10 352,628 86 0.10 Taxable securities 2,187,547 12,063 2.21 2,399,364 14,030 2.34 Tax exempt securities 2,058,032 15,737 3.06 1,800,339 14,733 3.27 Loans 5,334,174 66,681 4.97 5,248,052 66,249 5.08 Total interest-earning assets 9,804,866 $ 94,543 3.84 % 9,801,223 $ 95,099 3.90 % Noninterest-earning assets 671,374 663,595 Total assets $ 10,476,240 $ 10,464,818 Interest-bearing liabilities: Deposits $ 5,270,600 $ 2,064 0.16 % $ 5,135,772 $ 2,550 0.20 % Borrowings 482,555 99 0.08 877,076 412 0.19 Total interest-bearing liabilities 5,753,155 $ 2,163 0.15 % 6,012,848 $ 2,962 0.20 % Noninterest-bearing liabilities 3,122,995 2,915,461 Shareholders' equity 1,600,090 1,536,509 Total liabilities and shareholders' equity $ 10,476,240 $ 10,464,818 Net interest income and margin (tax equivalent) $ 92,380 3.75 % $ 92,137 3.78 % Three Months Ended Three Months Ended Mar. 31 2020 Dec. 31, 2019 Average Tax Equivalent Yield / Average Tax Equivalent Yield / Balance Interest Rate Balance Interest Rate Interest-earning assets: Federal funds sold $ 2,712 $ 10 1.50 % $ 1,198 $ 6 2.03 % Interest-bearing deposits in nonaffiliated banks 220,906 745 1.36 54,841 218 1.58 Taxable securities 2,263,329 14,655 2.59 2,185,777 14,165 2.59 Tax exempt securities 1,346,842 11,200 3.33 1,243,487 10,695 3.44 Loans 4,667,436 63,323 5.46 4,185,716 58,771 5.57 Total interest-earning assets 8,501,225 $ 89,933 4.25 % 7,671,019 $ 83,855 4.34 % Noninterest-earning assets 692,432 500,924 Total assets $ 9,193,657 $ 8,171,943 Interest-bearing liabilities: Deposits $ 4,904,087 $ 6,680 0.55 % $ 4,336,063 $ 6,052 0.55 % Borrowings 460,605 517 0.45 417,316 749 0.71 Total interest-bearing liabilities 5,364,692 $ 7,197 0.54 % 4,753,379 $ 6,801 0.57 % Noninterest-bearing liabilities 2,348,485 2,207,508 Shareholders' equity 1,480,480 1,211,056 Total liabilities and shareholders' equity $ 9,193,657 $ 8,171,943 Net interest income and margin (tax equivalent) $ 82,736 3.91 % $ 77,054 3.99 % Three Months Ended Sept. 30, 2019 Average Tax Equivalent Yield / Balance Interest Rate Interest-earning assets: Federal funds sold $ 3,006 $ 19 2.52 % Interest-bearing deposits in nonaffiliated banks 61,465 363 2.34 Taxable securities 2,183,930 14,292 2.62 Tax exempt securities 1,132,279 10,075 3.56 Loans 4,094,235 57,417 5.56 Total interest-earning assets 7,474,915 $ 82,166 4.36 % Noninterest-earning assets 489,446 Total assets $ 7,964,361 Interest-bearing liabilities: Deposits $ 4,156,850 $ 7,123 0.68 % Borrowings 388,235 830 0.85 Total interest-bearing liabilities 4,545,085 $ 7,953 0.69 % Noninterest-bearing liabilities 2,237,462 Shareholders' equity 1,181,814 Total liabilities and shareholders' equity $ 7,964,361 Net interest income and margin (tax equivalent) $ 74,213 3.94 % Nine Months Ended Nine Months Ended Sept. 30, 2020 Sept. 30, 2019 Average Tax Equivalent Yield / Average Tax Equivalent Yield / Balance Interest Rate Balance Interest Rate Interest-earning assets: Federal funds sold $ 1,854 $ 14 0.99 % $ 4,438 $ 92 2.76 % Interest-bearing deposits in nonaffiliated banks 267,850 889 0.44 89,559 1,575 2.35 Taxable securities 2,283,064 40,748 2.38 2,058,380 41,505 2.69 Tax exempt securities 1,736,250 41,670 3.20 1,175,863 31,968 3.62 Loans 5,084,136 196,255 5.16 4,037,243 166,987 5.53 Total interest-earning assets 9,373,154 $ 279,576 3.98 % 7,365,483 $ 242,127 4.40 % Noninterest-earning assets 673,325 495,179 Total assets $ 10,046,479 $ 7,860,662 Interest-bearing liabilities: Deposits $ 5,104,096 $ 11,293 0.30 % $ 4,165,735 $ 21,071 0.68 % Borrowings 606,291 1,030 0.23 391,680 2,230 0.76 Total interest-bearing liabilities 5,710,387 $ 12,323 0.29 % 4,557,415 $ 23,301 0.68 % Noninterest-bearing liabilities 2,796,843 2,178,412 Shareholders' equity 1,539,249 1,124,835 Total liabilities and shareholders' equity $ 10,046,479 $ 7,860,662 Net interest income and margin (tax equivalent) $ 267,253 3.81 % $ 218,826 3.97 % SOURCE First Financial Bankshares, Inc. Related Links http://www.ffin.com

edtsum451

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: PLEASANTON, Calif., Oct. 2, 2020 /PRNewswire/ -- The World Federation of Direct Selling Associations (WFDSA), a global trade organization representing more than 60 national direct selling associations, today announced Shaklee Chairman and CEO Roger Barnett will serve as the organization's Chairman through October 2023. Barnett assumes the role of Chairman from Magnus Brannstrom, CEO and President, Oriflame. "It is an honor and privilege to serve the direct selling industry as Chairman of the World Federation of Direct Selling Associations duringthis pivotal time in history. With the pandemic threatening the global health and income of hundreds of millions of people in virtually every country in the world, this is a time when our industry can truly serve people and society. Direct selling is one of the most proven and time-tested ways for people to earn supplemental income, and today it is increasingly possible to do so in a digital and flexible way. We look forward to building on my predecessor's success to reimagine, reinvent, and redefine our industry in order to help hundreds of millions of people live a better life." Previously Roger Barnett was the Vice Chairman of WFDSA. Roger began his career at the investment banking firm Lazard Freres & Co. He then organized an investment group to acquire control of Arcade, Inc., which he transformed into the largest sampling company in the world. He was also the founder and CEO of Beauty.com, one of the first internet retailers in the cosmetics industry. Barnett received his undergraduate degree from Yale College, his law degree from Yale Law School and his MBA from Harvard Business School. Mr. Barnett has been selected as a Global Leader for Tomorrow by the World Economic Forum (Davos) and has also been selected as a Young Leader Fellow of the National Committee on U.S.-China Relations. Additionally, Mr. Barnett serves as a member of the Board of Dean's Advisors of both the Harvard and Yale Schools of Public Health, is a member of the Yale University Council and President's Council on International Activities, and serves on the Boards of two Nobel Peace Laureate foundations. Outgoing Chairman Magnus Brannstrom said, "It's been such an honor and pleasure to serve as Chairman of WFDSA for the past three years. None of our goals could have been accomplished without strong partnerships and the support of the direct selling associations around the world. The pandemic has indeed caused a big disruption and permanently changed our lives. But it also brought new perspectives. In this world the Direct Selling industry can be that positive force that unites people and helps making the world a better place", - said outgoing Chairman Magnus Brannstrom. "Direct selling is in good hands under the leadership of Roger Barnett. I have known Roger for many years as a man of vision and integrity, with great interest and passion for our industry. I have never been more confident and optimistic about the future of Direct Sales." Aboutthe WFDSAFounded in 1978, WFDSA is the global trade organization for the USD$180.5 billion direct selling industry, serving more than 60 national direct selling associations and their member companies. Direct selling involves the marketing of products and services directly to consumers in a personalized manner, away from permanent retail locations. For more information, please visithttps://wfdsa.org/. About Shaklee Shaklee is a leading natural nutrition company founded by Dr. Shaklee who invented the multi-vitamin in the US over 100 years ago. A pioneer in sustainability, Shaklee was the first company in the world to fully offset its carbon emissions so as to leave no footprint on our planet. Shaklee products are backed by over 100 published clinical studies proving safety and efficacy and are marketedthrough more than 2 million members and distributors in North America and Asia. SOURCE Shaklee Corporation Related Links http://www.shaklee.com Answer:

Shaklee Chairman and CEO Roger Barnett to serve as WFDSA Chairman

PLEASANTON, Calif., Oct. 2, 2020 /PRNewswire/ -- The World Federation of Direct Selling Associations (WFDSA), a global trade organization representing more than 60 national direct selling associations, today announced Shaklee Chairman and CEO Roger Barnett will serve as the organization's Chairman through October 2023. Barnett assumes the role of Chairman from Magnus Brannstrom, CEO and President, Oriflame. "It is an honor and privilege to serve the direct selling industry as Chairman of the World Federation of Direct Selling Associations duringthis pivotal time in history. With the pandemic threatening the global health and income of hundreds of millions of people in virtually every country in the world, this is a time when our industry can truly serve people and society. Direct selling is one of the most proven and time-tested ways for people to earn supplemental income, and today it is increasingly possible to do so in a digital and flexible way. We look forward to building on my predecessor's success to reimagine, reinvent, and redefine our industry in order to help hundreds of millions of people live a better life." Previously Roger Barnett was the Vice Chairman of WFDSA. Roger began his career at the investment banking firm Lazard Freres & Co. He then organized an investment group to acquire control of Arcade, Inc., which he transformed into the largest sampling company in the world. He was also the founder and CEO of Beauty.com, one of the first internet retailers in the cosmetics industry. Barnett received his undergraduate degree from Yale College, his law degree from Yale Law School and his MBA from Harvard Business School. Mr. Barnett has been selected as a Global Leader for Tomorrow by the World Economic Forum (Davos) and has also been selected as a Young Leader Fellow of the National Committee on U.S.-China Relations. Additionally, Mr. Barnett serves as a member of the Board of Dean's Advisors of both the Harvard and Yale Schools of Public Health, is a member of the Yale University Council and President's Council on International Activities, and serves on the Boards of two Nobel Peace Laureate foundations. Outgoing Chairman Magnus Brannstrom said, "It's been such an honor and pleasure to serve as Chairman of WFDSA for the past three years. None of our goals could have been accomplished without strong partnerships and the support of the direct selling associations around the world. The pandemic has indeed caused a big disruption and permanently changed our lives. But it also brought new perspectives. In this world the Direct Selling industry can be that positive force that unites people and helps making the world a better place", - said outgoing Chairman Magnus Brannstrom. "Direct selling is in good hands under the leadership of Roger Barnett. I have known Roger for many years as a man of vision and integrity, with great interest and passion for our industry. I have never been more confident and optimistic about the future of Direct Sales." Aboutthe WFDSAFounded in 1978, WFDSA is the global trade organization for the USD$180.5 billion direct selling industry, serving more than 60 national direct selling associations and their member companies. Direct selling involves the marketing of products and services directly to consumers in a personalized manner, away from permanent retail locations. For more information, please visithttps://wfdsa.org/. About Shaklee Shaklee is a leading natural nutrition company founded by Dr. Shaklee who invented the multi-vitamin in the US over 100 years ago. A pioneer in sustainability, Shaklee was the first company in the world to fully offset its carbon emissions so as to leave no footprint on our planet. Shaklee products are backed by over 100 published clinical studies proving safety and efficacy and are marketedthrough more than 2 million members and distributors in North America and Asia. SOURCE Shaklee Corporation Related Links http://www.shaklee.com

edtsum452

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, March 9, 2021 /PRNewswire/ -- The "ADAS and Autonomous Driving Tier 1 Suppliers Report, 2020-2021" report has been added to ResearchAndMarkets.com's offering. Autonomous Driving Tier1 Supplier Research: centralized implementation of L2+, middleware layout of Tier 1 suppliers The ADAS revenue of foreign Tier 1 suppliers declines amid the pandemicThe outbreak of COVID-19 has led to the declining demand for automobiles and the temporary suspension of production in the automobile industry. In this case, the overall revenue of most Tier1 suppliers has fallen sharply as they have difficulties in business development. For example, more than 40% of Continental's 249 production bases around the world decided in April 2020 to temporarily suspend production for several days or several weeks in order to protect employees and respond to lower demand.Tier 1 suppliers actively promote the mass implementation of L2 autonomous driving, and L3 autonomous driving enters the marketWhile Tier 1 suppliers' normal production is hindered, the technology of L2/L3 autonomous driving is advancing in an orderly manner.From January to November 2020, 57 domestic auto brands launched 208 L2 models, and sold 2.60 million vehicles with a year-on-year upsurge of 118.9% thanks to the efforts of Tier 1 suppliers. For example, Bosch helped 40 local models achieve L2 autonomous driving in 2019, and focused on the implementation of L2+ autonomous driving in 2020.Benefiting from the effective control over the domestic epidemic, Chinese Tier1 suppliers have constantly launched new products. Among them, Huawei and Baidu have attracted the most attention from the market. Huawei has successively unveiled perception layer products such as radar and LiDAR, as well as decision layer products like intelligent driving computing platform MDC and intelligent driving operating system AOS. Baidu APOLLO has released the autonomous driving computing platform ACU (1.0/2.0/3.0) and the L2 intelligent driving solution ANP, and also has successively landed in Changsha, Cangzhou, and Beijing with Robotaxi which is fully open to the society for operation.With the introduction of HD maps, Tier 1 suppliers have assisted OEMs to head towards L3 autonomous driving. Xpeng P7, GAC Aion LX and other models with L3 autonomous driving have debuted successively.Foreign Tier 1 suppliers dabble in middleware, while domestic Tier 1 suppliers are deeply tied up with OEMs From the perspective of autonomous driving products and scenarios, Bosch, Continental and ZF have the most comprehensive layout among foreign Tier1 suppliers. Both Bosch and ZF launched middleware designed for autonomous driving in 2020. As for the domestic Tier 1 suppliers, Huawei and Desay SV take the lead in the perception layout; however, all the domestic Tier1 suppliers are absent in the field of actuation.In July 2020, Bosch launched Iceoryx, a middleware for advanced autonomous driving, compatible with ROS2 and Adaptive AutoSAR interfaces to meet the requirements of different development periods (pre-ROS, mass production of Autosar)In December 2020, ZF released ZF Middleware, providing a modular solution that can be integrated into automakers' software platforms. At the same time, the middleware will be installed on mass-produced vehicles in 2024.It is worth noting that foreign Tier 1 suppliers dabble in underlying system R&D and build a bridge between system and software applications while accomplishing functions. Bosch and ZF have successively released middleware products, hoping to centrally configure autonomous driving solutions for OEMs through a comprehensive sensor layout so as to simplify system integration, lower development costs and accelerate product launch.The domestic Tier 1 suppliers (Huawei, Alibaba and Baidu) have teamed up with OEMs to launch autonomous driving and other technologies by in-depth cooperation or establishment of joint ventures to jointly help automakers build high-end brands or accelerate transformation to electrification, connectivity, intelligence and sharing.Summary Comparing the development models of Tier 1 suppliers at home and abroad, emerging Tier 1 suppliers represented by Huawei and Mobileye directly penetrate into OEMs, deeply participate in product R&D, and position themselves as Tier 0.5 suppliers. For example, at the beginning of BAIC ARCFOX R&D, Huawei directly took part in R&D of many system functions of the vehicle, including smart driving, smart cockpit and smart electronics. Similarly, Mobileye acted as a Tier 0.5 supplier amid the cooperation with Geely Lynk & Co. Previously, Mobileye only supplied semi-finished components to Tier 1 suppliers, but now it is responsible for the complete solution stack for the first time, including hardware, software, drive strategy and control. Mobileye will also provide a multi-domain controller and provide software OTA updates after the system is deployed.The emergence of the Tier 0.5 cooperation model will reshape the cooperation pattern of the traditional automobile industry chain. Key Topics Covered: 1. ADAS and Autonomous Driving System1.1 Composition1.2 Perception Layer1.2.1 Environment Perception Sensor1.2.2 Vehicle Motion Sensor1.2.3 HD Map1.2.4 V2X1.3 Decision Layer1.4 Middleware1.5 Actuation Layer2. Policies and Market Environment2.1 Policies2.1.1 U.S.2.1.2 South Korea2.1.3 Japan2.1.4 China2.2 Rating of Autonomous Driving System2.3 Car Safety Ratings Boost the Development of ADAS2.4 Global ADAS and Autonomous Driving Market Size as well as Competitive Landscape of Tier 1 Suppliers2.5 Launch Time of ADAS and Autonomous Driving in China2.6 China's L2 ADAS Penetration Rate2.7 Launch and Functions f L2+ Vehicle Models2.8 Launch and Cases of L3 Vehicle Models3. Comparison of Global Tier 1 ADAS and Autonomous Driving Suppliers3.1 Fundamentals3.2 Development Features3.3 Perception Layer Layout3.4 Decision Layer Layout3.5 Actuation Layer Layout3.6 ADAS Development Planning3.7 Autonomous Driving Application Scenarios & Process3.8 Partners4. Major Global Tier 1 ADAS and Autonomous Driving Suppliers4.1 Bosch4.1.1 Profile4.1.2 Organization Structure Adjustment4.1.3 Autonomous Driving Product Layout4.1.4 Perception Layer Layout4.1.5 Decision Layer Layout4.1.6 Middleware Layout4.1.7 Actuation Layer Layout4.1.8 Three Scenarios for Autonomous Driving4.1.9 Autonomous Driving Roadmap in China4.1.10 Autonomous Driving Solution4.1.11 Evolution of Autonomous Driving Features4.1.12 Automated Parking Layout4.1.13 L4 Demonstration Projects4.1.14 V2X Demonstration Projects4.1.15 Autonomous Driving Partners4.1.16 Autonomous Driving Dynamics in 20204.1.17 Summary4.2 Continental4.2.1 Profile4.2.2 Organizational Structure4.2.3 R&D Input4.2.4 Autonomous Driving Planning4.2.5 Perception Layer Layout4.2.6 Decision Layer Layout4.2.7 Actuation Layer Layout4.2.8 Layout of Three Scenarios for Autonomous Driving4.2.9 V2X Layout4.2.10 Autonomous Driving Partners4.2.11 Autonomous Driving Dynamics in 2019-20204.2.12 Summary4.3 Aptiv4.4 Valeo4.5 ZF4.6 Hyundai Mobis4.7 Veoneer4.8 Visteon4.9 Magna4.10 Denso5. Comparison of Tier 1 ADAS and Autonomous Driving Suppliers in China5.1 Fundamentals5.2 Development Features5.3 Perception Layer Layout5.4 Decision Layer Layout5.5 Autonomous Driving Scenarios, Planning, Tests and Partners6. Major Tier 1 ADAS and Autonomous Driving Suppliers in China6.1 Baidu6.1.1 Profile6.1.2 Development Course of Autonomous Driving6.1.3 Apollo Open Platform6.1.4 Perception Layer Layout6.1.5 Decision Layer Layout6.1.6 Mass Production Solution for Low-speed Autonomous Driving6.1.7 Autonomous Driving Test6.1.8 Mass Production Solution for Autonomous Driving6.1.9 Autonomous Driving Partners6.1.10 Summary6.2 Tencent6.3 Alibaba6.4 Huawei6.5 Foryou Corporation6.6 Desay SV6.7 Neusoft Reach6.8 NavInfo6.9 TUS International6.10 HiRain Technologies6.11 FreetechFor more information about this report visit https://www.researchandmarkets.com/r/rh831y About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. 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 and China ADAS and Autonomous Driving Tier 1 Suppliers Report 2021: Tier 1 Suppliers Actively Promote Mass Implementation of L2 Autonomous Driving, and L3 Autonomous Driving Enters the Market

DUBLIN, March 9, 2021 /PRNewswire/ -- The "ADAS and Autonomous Driving Tier 1 Suppliers Report, 2020-2021" report has been added to ResearchAndMarkets.com's offering. Autonomous Driving Tier1 Supplier Research: centralized implementation of L2+, middleware layout of Tier 1 suppliers The ADAS revenue of foreign Tier 1 suppliers declines amid the pandemicThe outbreak of COVID-19 has led to the declining demand for automobiles and the temporary suspension of production in the automobile industry. In this case, the overall revenue of most Tier1 suppliers has fallen sharply as they have difficulties in business development. For example, more than 40% of Continental's 249 production bases around the world decided in April 2020 to temporarily suspend production for several days or several weeks in order to protect employees and respond to lower demand.Tier 1 suppliers actively promote the mass implementation of L2 autonomous driving, and L3 autonomous driving enters the marketWhile Tier 1 suppliers' normal production is hindered, the technology of L2/L3 autonomous driving is advancing in an orderly manner.From January to November 2020, 57 domestic auto brands launched 208 L2 models, and sold 2.60 million vehicles with a year-on-year upsurge of 118.9% thanks to the efforts of Tier 1 suppliers. For example, Bosch helped 40 local models achieve L2 autonomous driving in 2019, and focused on the implementation of L2+ autonomous driving in 2020.Benefiting from the effective control over the domestic epidemic, Chinese Tier1 suppliers have constantly launched new products. Among them, Huawei and Baidu have attracted the most attention from the market. Huawei has successively unveiled perception layer products such as radar and LiDAR, as well as decision layer products like intelligent driving computing platform MDC and intelligent driving operating system AOS. Baidu APOLLO has released the autonomous driving computing platform ACU (1.0/2.0/3.0) and the L2 intelligent driving solution ANP, and also has successively landed in Changsha, Cangzhou, and Beijing with Robotaxi which is fully open to the society for operation.With the introduction of HD maps, Tier 1 suppliers have assisted OEMs to head towards L3 autonomous driving. Xpeng P7, GAC Aion LX and other models with L3 autonomous driving have debuted successively.Foreign Tier 1 suppliers dabble in middleware, while domestic Tier 1 suppliers are deeply tied up with OEMs From the perspective of autonomous driving products and scenarios, Bosch, Continental and ZF have the most comprehensive layout among foreign Tier1 suppliers. Both Bosch and ZF launched middleware designed for autonomous driving in 2020. As for the domestic Tier 1 suppliers, Huawei and Desay SV take the lead in the perception layout; however, all the domestic Tier1 suppliers are absent in the field of actuation.In July 2020, Bosch launched Iceoryx, a middleware for advanced autonomous driving, compatible with ROS2 and Adaptive AutoSAR interfaces to meet the requirements of different development periods (pre-ROS, mass production of Autosar)In December 2020, ZF released ZF Middleware, providing a modular solution that can be integrated into automakers' software platforms. At the same time, the middleware will be installed on mass-produced vehicles in 2024.It is worth noting that foreign Tier 1 suppliers dabble in underlying system R&D and build a bridge between system and software applications while accomplishing functions. Bosch and ZF have successively released middleware products, hoping to centrally configure autonomous driving solutions for OEMs through a comprehensive sensor layout so as to simplify system integration, lower development costs and accelerate product launch.The domestic Tier 1 suppliers (Huawei, Alibaba and Baidu) have teamed up with OEMs to launch autonomous driving and other technologies by in-depth cooperation or establishment of joint ventures to jointly help automakers build high-end brands or accelerate transformation to electrification, connectivity, intelligence and sharing.Summary Comparing the development models of Tier 1 suppliers at home and abroad, emerging Tier 1 suppliers represented by Huawei and Mobileye directly penetrate into OEMs, deeply participate in product R&D, and position themselves as Tier 0.5 suppliers. For example, at the beginning of BAIC ARCFOX R&D, Huawei directly took part in R&D of many system functions of the vehicle, including smart driving, smart cockpit and smart electronics. Similarly, Mobileye acted as a Tier 0.5 supplier amid the cooperation with Geely Lynk & Co. Previously, Mobileye only supplied semi-finished components to Tier 1 suppliers, but now it is responsible for the complete solution stack for the first time, including hardware, software, drive strategy and control. Mobileye will also provide a multi-domain controller and provide software OTA updates after the system is deployed.The emergence of the Tier 0.5 cooperation model will reshape the cooperation pattern of the traditional automobile industry chain. Key Topics Covered: 1. ADAS and Autonomous Driving System1.1 Composition1.2 Perception Layer1.2.1 Environment Perception Sensor1.2.2 Vehicle Motion Sensor1.2.3 HD Map1.2.4 V2X1.3 Decision Layer1.4 Middleware1.5 Actuation Layer2. Policies and Market Environment2.1 Policies2.1.1 U.S.2.1.2 South Korea2.1.3 Japan2.1.4 China2.2 Rating of Autonomous Driving System2.3 Car Safety Ratings Boost the Development of ADAS2.4 Global ADAS and Autonomous Driving Market Size as well as Competitive Landscape of Tier 1 Suppliers2.5 Launch Time of ADAS and Autonomous Driving in China2.6 China's L2 ADAS Penetration Rate2.7 Launch and Functions f L2+ Vehicle Models2.8 Launch and Cases of L3 Vehicle Models3. Comparison of Global Tier 1 ADAS and Autonomous Driving Suppliers3.1 Fundamentals3.2 Development Features3.3 Perception Layer Layout3.4 Decision Layer Layout3.5 Actuation Layer Layout3.6 ADAS Development Planning3.7 Autonomous Driving Application Scenarios & Process3.8 Partners4. Major Global Tier 1 ADAS and Autonomous Driving Suppliers4.1 Bosch4.1.1 Profile4.1.2 Organization Structure Adjustment4.1.3 Autonomous Driving Product Layout4.1.4 Perception Layer Layout4.1.5 Decision Layer Layout4.1.6 Middleware Layout4.1.7 Actuation Layer Layout4.1.8 Three Scenarios for Autonomous Driving4.1.9 Autonomous Driving Roadmap in China4.1.10 Autonomous Driving Solution4.1.11 Evolution of Autonomous Driving Features4.1.12 Automated Parking Layout4.1.13 L4 Demonstration Projects4.1.14 V2X Demonstration Projects4.1.15 Autonomous Driving Partners4.1.16 Autonomous Driving Dynamics in 20204.1.17 Summary4.2 Continental4.2.1 Profile4.2.2 Organizational Structure4.2.3 R&D Input4.2.4 Autonomous Driving Planning4.2.5 Perception Layer Layout4.2.6 Decision Layer Layout4.2.7 Actuation Layer Layout4.2.8 Layout of Three Scenarios for Autonomous Driving4.2.9 V2X Layout4.2.10 Autonomous Driving Partners4.2.11 Autonomous Driving Dynamics in 2019-20204.2.12 Summary4.3 Aptiv4.4 Valeo4.5 ZF4.6 Hyundai Mobis4.7 Veoneer4.8 Visteon4.9 Magna4.10 Denso5. Comparison of Tier 1 ADAS and Autonomous Driving Suppliers in China5.1 Fundamentals5.2 Development Features5.3 Perception Layer Layout5.4 Decision Layer Layout5.5 Autonomous Driving Scenarios, Planning, Tests and Partners6. Major Tier 1 ADAS and Autonomous Driving Suppliers in China6.1 Baidu6.1.1 Profile6.1.2 Development Course of Autonomous Driving6.1.3 Apollo Open Platform6.1.4 Perception Layer Layout6.1.5 Decision Layer Layout6.1.6 Mass Production Solution for Low-speed Autonomous Driving6.1.7 Autonomous Driving Test6.1.8 Mass Production Solution for Autonomous Driving6.1.9 Autonomous Driving Partners6.1.10 Summary6.2 Tencent6.3 Alibaba6.4 Huawei6.5 Foryou Corporation6.6 Desay SV6.7 Neusoft Reach6.8 NavInfo6.9 TUS International6.10 HiRain Technologies6.11 FreetechFor more information about this report visit https://www.researchandmarkets.com/r/rh831y About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. 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

edtsum453

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 12, 2021 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors ofAthenex, Inc. (NASDAQ: ATNX). Such investors are advised to contact Robert S. Willoughby at [emailprotected] or 888-476-6529, ext. 7980. The investigation concerns whether Athenex and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 1, 2021, Athenex issued a press release "announc[ing] that the U.S. Food and Drug Administration (FDA) has issued a complete response letter (CRL) for the company's New Drug Application (NDA) for oral paclitaxel plus encequidar for the treatment of metastatic breast cancer." Athenex informed investors that "[i]n the CRL, the FDA indicated its concern of safety risk to patients in terms of an increase in neutropenia-related sequelae on the Oral Paclitaxel arm compared with the IV paclitaxel arm"; "also expressed concerns regarding the uncertainty over the results of the primary endpoint of objective response rate (ORR) at week 19 conducted by blinded independent central review (BICR)"; and "recommended that Athenex conduct a new adequate and well-conducted clinical trial in a patient population with metastatic breast cancer representative of the population in the U.S. The Agency determined that additional risk mitigation strategies to improve toxicity, which may involve dose optimization and / or exclusion of patients deemed to be at higher risk of toxicity, are required to support potential approval of the NDA." On this news, Athenex's stock price fell $6.64 per share, or 54.88%, to close at $5.46 per share on March 1, 2021. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. CONTACT: Robert S. Willoughby Pomerantz LLP [emailprotected]888-476-6529 ext. 7980 SOURCE Pomerantz LLP Related Links www.pomerantzlaw.com Answer:

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Athenex, Inc. - ATNX

NEW YORK, March 12, 2021 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors ofAthenex, Inc. (NASDAQ: ATNX). Such investors are advised to contact Robert S. Willoughby at [emailprotected] or 888-476-6529, ext. 7980. The investigation concerns whether Athenex and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 1, 2021, Athenex issued a press release "announc[ing] that the U.S. Food and Drug Administration (FDA) has issued a complete response letter (CRL) for the company's New Drug Application (NDA) for oral paclitaxel plus encequidar for the treatment of metastatic breast cancer." Athenex informed investors that "[i]n the CRL, the FDA indicated its concern of safety risk to patients in terms of an increase in neutropenia-related sequelae on the Oral Paclitaxel arm compared with the IV paclitaxel arm"; "also expressed concerns regarding the uncertainty over the results of the primary endpoint of objective response rate (ORR) at week 19 conducted by blinded independent central review (BICR)"; and "recommended that Athenex conduct a new adequate and well-conducted clinical trial in a patient population with metastatic breast cancer representative of the population in the U.S. The Agency determined that additional risk mitigation strategies to improve toxicity, which may involve dose optimization and / or exclusion of patients deemed to be at higher risk of toxicity, are required to support potential approval of the NDA." On this news, Athenex's stock price fell $6.64 per share, or 54.88%, to close at $5.46 per share on March 1, 2021. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. CONTACT: Robert S. Willoughby Pomerantz LLP [emailprotected]888-476-6529 ext. 7980 SOURCE Pomerantz LLP Related Links www.pomerantzlaw.com

edtsum454

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, Nov. 23, 2020 /PRNewswire/ -- The "Intelligent Traffic Camera Market Research Report: By Application (Surveillance, Toll Management, Traffic Management), Type (2-5 Megapixel, 6-8 Megapixel), Product (Analog, Internet Protocol) - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The rising prevalence of road accidents is rapidly becoming a serious issue in several countries around the world. Moreover, road accidents are claiming more and more lives all over the world every year, owing to which, traffic regulatory authorities in various countries are increasingly adopting intelligent traffic cameras. These cameras capture video sequences and images of vehicles and then analyze this data with the help of face recognition, motion analysis, and other high-level image processing techniques.The compressed video data and information are then transferred to the concerned authorities via a secure network for further video analysis. The soaring population levels in several emerging economies such as China, Brazil, and India are pushing up the incidence of road accidents, which is, in turn, boosting the demand for higher road safety. Due to this reason, the sales of intelligent traffic cameras are surging sharply in these countries.In India, a pilot project for the country's first intelligent traffic system (ITS) was launched in February 2019. Under this project, several smart traffic systems equipped with intelligent traffic cameras and smart traffic signals were installed at as many as four locations in the areas where the road traffic remains high throughout the day. Thus, with the growing usage of intelligent traffic cameras in several countries, the global intelligent traffic camera market will demonstrate rapid expansion in the future.Additionally, because of the rapid urbanization, rising road congestion levels in major cities and urban areas, and the rising prevalence of road accidents, the governments of several developing nations of APAC such as China and India are making huge investments in road traffic infrastructure and traffic management solutions, including the installation of intelligent traffic cameras for catching the violators. These factors would augment the usage of intelligent traffic cameras in this region in the coming years.Thus, with the rising incidence of road crashes and increasing road congestion, the requirement for intelligent traffic cameras will shoot-up across the world in the upcoming years.Key Topics Covered: Chapter 1. Research Background1.1 Research Objectives1.2 Market Definition1.3 Research Scope1.4 Key StakeholdersChapter 2. Research Methodology2.1 Secondary Research2.2 Primary Research2.3 Market Size Estimation2.4 Data Triangulation2.5 Assumptions for the StudyChapter 3. Executive SummaryChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Application4.1.1.1 Surveillance4.1.1.2 Toll management4.1.1.3 Traffic management4.1.1.4 Others4.1.2 By Type4.1.2.1 2-5 MP4.1.2.2 6-8 MP4.1.2.3 Others4.1.3 By Product4.1.3.1 Analog4.1.3.2 IP4.2 Value Chain Analysis4.3 Market Dynamics4.3.1 Trends4.3.1.1 Increasing partnerships and collaborations4.3.2 Drivers4.3.2.1 Rising number of road accidents and increasing safety and security concerns4.3.2.2 Increasing traffic congestion in emerging economies4.3.2.3 Impact analysis of drivers on market forecast4.3.3 Restraints4.3.3.1 Threat of cyberattack and data breach4.3.3.2 Impact analysis of restraints on market forecast4.3.4 Opportunities4.3.4.1 Introduction of IoT in automotive industry4.3.4.2 Growing digitization in automotive industry4.4 Impact of COVID-19 on Intelligent Traffic Camera Market4.5 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Application5.2 By Type5.3 By Product5.4 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. LAMEA Market Size and ForecastChapter 10. Key Segment in Major Markets10.1 China10.2 U.S.10.3 U.K.10.4 France10.5 GermanyChapter 11. Competitive Landscape11.1 List of Players and Their Offerings11.2 Competitive Analysis of Key Players11.3 Competitive Benchmarking of Key Players11.4 Strategic Developments in the MarketChapter 12. Company Profiles FLIR Systems Inc. Canon Inc. Hangzhou Hikvision Digital Technology Co. Ltd. Kapsch TrafficCom AG Genetec Inc. Pelco Inc. ARH Inc. Sony Corp. VITRONIC GmbH Nedap N.V. For more information about this report visit https://www.researchandmarkets.com/r/rop2xp 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 Intelligent Traffic Camera Market Report 2020-2030: Introduction of IoT & Growing Digitization in the Automotive Industry Presents Opportunities

DUBLIN, Nov. 23, 2020 /PRNewswire/ -- The "Intelligent Traffic Camera Market Research Report: By Application (Surveillance, Toll Management, Traffic Management), Type (2-5 Megapixel, 6-8 Megapixel), Product (Analog, Internet Protocol) - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The rising prevalence of road accidents is rapidly becoming a serious issue in several countries around the world. Moreover, road accidents are claiming more and more lives all over the world every year, owing to which, traffic regulatory authorities in various countries are increasingly adopting intelligent traffic cameras. These cameras capture video sequences and images of vehicles and then analyze this data with the help of face recognition, motion analysis, and other high-level image processing techniques.The compressed video data and information are then transferred to the concerned authorities via a secure network for further video analysis. The soaring population levels in several emerging economies such as China, Brazil, and India are pushing up the incidence of road accidents, which is, in turn, boosting the demand for higher road safety. Due to this reason, the sales of intelligent traffic cameras are surging sharply in these countries.In India, a pilot project for the country's first intelligent traffic system (ITS) was launched in February 2019. Under this project, several smart traffic systems equipped with intelligent traffic cameras and smart traffic signals were installed at as many as four locations in the areas where the road traffic remains high throughout the day. Thus, with the growing usage of intelligent traffic cameras in several countries, the global intelligent traffic camera market will demonstrate rapid expansion in the future.Additionally, because of the rapid urbanization, rising road congestion levels in major cities and urban areas, and the rising prevalence of road accidents, the governments of several developing nations of APAC such as China and India are making huge investments in road traffic infrastructure and traffic management solutions, including the installation of intelligent traffic cameras for catching the violators. These factors would augment the usage of intelligent traffic cameras in this region in the coming years.Thus, with the rising incidence of road crashes and increasing road congestion, the requirement for intelligent traffic cameras will shoot-up across the world in the upcoming years.Key Topics Covered: Chapter 1. Research Background1.1 Research Objectives1.2 Market Definition1.3 Research Scope1.4 Key StakeholdersChapter 2. Research Methodology2.1 Secondary Research2.2 Primary Research2.3 Market Size Estimation2.4 Data Triangulation2.5 Assumptions for the StudyChapter 3. Executive SummaryChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Application4.1.1.1 Surveillance4.1.1.2 Toll management4.1.1.3 Traffic management4.1.1.4 Others4.1.2 By Type4.1.2.1 2-5 MP4.1.2.2 6-8 MP4.1.2.3 Others4.1.3 By Product4.1.3.1 Analog4.1.3.2 IP4.2 Value Chain Analysis4.3 Market Dynamics4.3.1 Trends4.3.1.1 Increasing partnerships and collaborations4.3.2 Drivers4.3.2.1 Rising number of road accidents and increasing safety and security concerns4.3.2.2 Increasing traffic congestion in emerging economies4.3.2.3 Impact analysis of drivers on market forecast4.3.3 Restraints4.3.3.1 Threat of cyberattack and data breach4.3.3.2 Impact analysis of restraints on market forecast4.3.4 Opportunities4.3.4.1 Introduction of IoT in automotive industry4.3.4.2 Growing digitization in automotive industry4.4 Impact of COVID-19 on Intelligent Traffic Camera Market4.5 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Application5.2 By Type5.3 By Product5.4 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. LAMEA Market Size and ForecastChapter 10. Key Segment in Major Markets10.1 China10.2 U.S.10.3 U.K.10.4 France10.5 GermanyChapter 11. Competitive Landscape11.1 List of Players and Their Offerings11.2 Competitive Analysis of Key Players11.3 Competitive Benchmarking of Key Players11.4 Strategic Developments in the MarketChapter 12. Company Profiles FLIR Systems Inc. Canon Inc. Hangzhou Hikvision Digital Technology Co. Ltd. Kapsch TrafficCom AG Genetec Inc. Pelco Inc. ARH Inc. Sony Corp. VITRONIC GmbH Nedap N.V. For more information about this report visit https://www.researchandmarkets.com/r/rop2xp 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

edtsum455

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, Feb. 8, 2021 /PRNewswire/ -- Todaythe Humane Society of the United States and Humane Society International released a shocking analysisof the 2021 Dallas Safari Club annual convention, taking place virtually February 10 to 14. Trophy hunters, hunting outfitters and other businesses from around the world will gather online to buy, sell and auction the opportunity to kill iconic animals, such as elephants and polar bears, including canned hunts in the U.S., South Africa and Argentina. 849 exhibitors from 32 countries will participate virtually 351 of those exhibitors will offer hunting trips to kill 319 species including critically endangered black rhinos, cheetah, brown bears and kangaroos, in 70 countries 183 hunts in 24 countries were donated for auction to kill over 200 animals from leopards to bears 16 canned hunts of exotic and native species are up for auction in the U.S. The most expensive auction hunt is for a $70,000 desert bighorn sheep in Mexico Auction items are expected to generate more than $3.5 million for Dallas Safari Club, which lobbies against wildlife protection measures A pandemic is not slowing down the vile trophy hunting industry. Tweet this Kitty Block, president and CEO of the Humane Society of the United States, said, "A pandemic is not slowing down the vile trophy hunting industry and the shameless conventions that celebrate the violent, needless slaughter of wild animals. As millions of people struggle to survive the pandemic, trophy hunters spend millions of dollars on grim globe-trotting trips to shoot beloved, iconic animals for bragging rights and collections of heads to hang on the wall." The HSUS/HSI analysisshows that the over 800 exhibitors registered to participate will sell not only trophy hunts but also wildlife body parts and products such as taxidermies, knives made of giraffe bones, furniture made of ostrich skin, boots and belts made of shark skin and elephant leather, and other home dcor and fashion accessories made from animals."Science has shown that trophy hunting has caused the decline of wildlife populations including those of African lions, leopards and elephants" said Jeffrey Flocken, president of Humane Society International. "It is not conservation. It's time for trophy hunters to stop hiding behind this ridiculous claim and admit that trophy hunting is just killing for fun."Among the exhibitors are 351 outfitters that together offer hunting packages to kill at least 319 species in 70 countries. These include hunts for the "African Big Five"elephants, rhinos, lions, leopards and Cape buffalosand the "Tiny Ten," which are small African antelope species some weighing less than eight pounds.The Dallas Safari Club auction is expected to generate $3.5 million in revenue for the organization. The 185 items include donated hunts to kill at least 205 animals in 24 countries, among them: elephants, giraffes, hippos, Cape buffalos and crocodiles. There are at least 16 U.S. canned hunts being auctioned off. Eight are in Texas and the remainder are in Colorado, Idaho, Indiana, Kansas, Michigan, Missouri and Pennsylvania, to hunt species that include elk, exotic sheep and various antelope and deer species. Hunts involving captive animals who live inside a fenced in area are called canned hunts, captive hunts, estate hunts or high fence hunts.Among the most expensive hunts for auction are a $70,000 hunt for desert bighorn sheep in Mexico and a 10-day hunt for a brown bear in Alaska for $52,850. Other hunts include elephant hunts in Zimbabwe and Zambia, giraffe in South Africa, and leopard in Namibia. Items like firearms; apparel made of beaver, mink and lynx fur; Swarovski Optik equipment such as a riflescope; and an $80,000 diamond necklace are up for auction as well. The Humane Society of the United States and Humane Society International have gone undercover in previous years at both the Dallas Safari Club convention and the Safari Club International convention. Outfitters exposed in February 2019 and 2020 by the groupsfor offering captive-bred lion hunts at SCIare among the Dallas Safari Club's exhibitors this year, despite the club's recent statementin opposition to canned lion hunts. A summary of progress made in 2020 to stop the trophy hunting industry is posted here. Members of the public who are opposed to this senseless cruelty can sign thepledgeagainst the trophy hunting of wildlife. Full report Blog Photos/videos for downloadof previous HSUS/HSI undercover investigations at Dallas Safari Club and Safari Club International conventions Founded in 1954, the Humane Society of the United States fights the big fights to end suffering for all animals. Together with millions of supporters, we take on puppy mills, factory farms, trophy hunts, animal testing and other cruel industries. With our affiliates, we rescue and care for tens of thousands of animals every year through our animal rescue team's work and other hands-on animal care services. We fight all forms of animal cruelty to achieve the vision behind our name: A humane society. Learn more about our work at humanesociety.org. Subscribeto Kitty Block's blog,A Humane World. Follow the HSUS Media Relations department on Twitter. Read the award-winning All Animals magazine. Listen to the Humane Voices Podcast.With a presence in more than 50 countries, Humane Society International works around the globe to promote the human-animal bond, rescue and protect dogs and cats, improve farm animal welfare, protect wildlife, promote animal-free testing and research, respond to natural disasters and confront cruelty to animals in all of its forms. Learn more about our work athsi.org. Follow HSI onTwitter,FacebookandInstagram.SOURCE Humane Society of the United States Answer:

Despite the pandemic, Dallas Safari Club promotes global carnage of wild animals at its annual convention this week Prices put on the heads of thousands of animals, from elephants and giraffes to hippos and polar bears, for the thrill of killing

WASHINGTON, Feb. 8, 2021 /PRNewswire/ -- Todaythe Humane Society of the United States and Humane Society International released a shocking analysisof the 2021 Dallas Safari Club annual convention, taking place virtually February 10 to 14. Trophy hunters, hunting outfitters and other businesses from around the world will gather online to buy, sell and auction the opportunity to kill iconic animals, such as elephants and polar bears, including canned hunts in the U.S., South Africa and Argentina. 849 exhibitors from 32 countries will participate virtually 351 of those exhibitors will offer hunting trips to kill 319 species including critically endangered black rhinos, cheetah, brown bears and kangaroos, in 70 countries 183 hunts in 24 countries were donated for auction to kill over 200 animals from leopards to bears 16 canned hunts of exotic and native species are up for auction in the U.S. The most expensive auction hunt is for a $70,000 desert bighorn sheep in Mexico Auction items are expected to generate more than $3.5 million for Dallas Safari Club, which lobbies against wildlife protection measures A pandemic is not slowing down the vile trophy hunting industry. Tweet this Kitty Block, president and CEO of the Humane Society of the United States, said, "A pandemic is not slowing down the vile trophy hunting industry and the shameless conventions that celebrate the violent, needless slaughter of wild animals. As millions of people struggle to survive the pandemic, trophy hunters spend millions of dollars on grim globe-trotting trips to shoot beloved, iconic animals for bragging rights and collections of heads to hang on the wall." The HSUS/HSI analysisshows that the over 800 exhibitors registered to participate will sell not only trophy hunts but also wildlife body parts and products such as taxidermies, knives made of giraffe bones, furniture made of ostrich skin, boots and belts made of shark skin and elephant leather, and other home dcor and fashion accessories made from animals."Science has shown that trophy hunting has caused the decline of wildlife populations including those of African lions, leopards and elephants" said Jeffrey Flocken, president of Humane Society International. "It is not conservation. It's time for trophy hunters to stop hiding behind this ridiculous claim and admit that trophy hunting is just killing for fun."Among the exhibitors are 351 outfitters that together offer hunting packages to kill at least 319 species in 70 countries. These include hunts for the "African Big Five"elephants, rhinos, lions, leopards and Cape buffalosand the "Tiny Ten," which are small African antelope species some weighing less than eight pounds.The Dallas Safari Club auction is expected to generate $3.5 million in revenue for the organization. The 185 items include donated hunts to kill at least 205 animals in 24 countries, among them: elephants, giraffes, hippos, Cape buffalos and crocodiles. There are at least 16 U.S. canned hunts being auctioned off. Eight are in Texas and the remainder are in Colorado, Idaho, Indiana, Kansas, Michigan, Missouri and Pennsylvania, to hunt species that include elk, exotic sheep and various antelope and deer species. Hunts involving captive animals who live inside a fenced in area are called canned hunts, captive hunts, estate hunts or high fence hunts.Among the most expensive hunts for auction are a $70,000 hunt for desert bighorn sheep in Mexico and a 10-day hunt for a brown bear in Alaska for $52,850. Other hunts include elephant hunts in Zimbabwe and Zambia, giraffe in South Africa, and leopard in Namibia. Items like firearms; apparel made of beaver, mink and lynx fur; Swarovski Optik equipment such as a riflescope; and an $80,000 diamond necklace are up for auction as well. The Humane Society of the United States and Humane Society International have gone undercover in previous years at both the Dallas Safari Club convention and the Safari Club International convention. Outfitters exposed in February 2019 and 2020 by the groupsfor offering captive-bred lion hunts at SCIare among the Dallas Safari Club's exhibitors this year, despite the club's recent statementin opposition to canned lion hunts. A summary of progress made in 2020 to stop the trophy hunting industry is posted here. Members of the public who are opposed to this senseless cruelty can sign thepledgeagainst the trophy hunting of wildlife. Full report Blog Photos/videos for downloadof previous HSUS/HSI undercover investigations at Dallas Safari Club and Safari Club International conventions Founded in 1954, the Humane Society of the United States fights the big fights to end suffering for all animals. Together with millions of supporters, we take on puppy mills, factory farms, trophy hunts, animal testing and other cruel industries. With our affiliates, we rescue and care for tens of thousands of animals every year through our animal rescue team's work and other hands-on animal care services. We fight all forms of animal cruelty to achieve the vision behind our name: A humane society. Learn more about our work at humanesociety.org. Subscribeto Kitty Block's blog,A Humane World. Follow the HSUS Media Relations department on Twitter. Read the award-winning All Animals magazine. Listen to the Humane Voices Podcast.With a presence in more than 50 countries, Humane Society International works around the globe to promote the human-animal bond, rescue and protect dogs and cats, improve farm animal welfare, protect wildlife, promote animal-free testing and research, respond to natural disasters and confront cruelty to animals in all of its forms. Learn more about our work athsi.org. Follow HSI onTwitter,FacebookandInstagram.SOURCE Humane Society of the United States

edtsum456

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 3, 2020 /PRNewswire/ --Mike Santomassimo, Chief Financial Officer, will speak at the Morgan Stanley Virtual US Financials Conference, at 8:45 a.m. ET on Wednesday, June 10, 2020. The discussion may include forward-looking statements and other material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the audio portion will be available, beginning at approximately 5 p.m. ET on June 10, 2020 and will remain available until 5 p.m. ET on July 10, 2020. About BNY Mellon BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of March 31, 2020, BNY Mellon had $35.2 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news. Contacts: Media Jennifer Hendricks Sullivan Palczynska +1 212 635 1374 [emailprotected] Analysts Magda Palczynska +1 212 635 8529 [emailprotected] SOURCE BNY Mellon Related Links https://www.bnymellon.com Answer:

BNY Mellon to Speak at the Morgan Stanley Virtual US Financials Conference

NEW YORK, June 3, 2020 /PRNewswire/ --Mike Santomassimo, Chief Financial Officer, will speak at the Morgan Stanley Virtual US Financials Conference, at 8:45 a.m. ET on Wednesday, June 10, 2020. The discussion may include forward-looking statements and other material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the audio portion will be available, beginning at approximately 5 p.m. ET on June 10, 2020 and will remain available until 5 p.m. ET on July 10, 2020. About BNY Mellon BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of March 31, 2020, BNY Mellon had $35.2 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news. Contacts: Media Jennifer Hendricks Sullivan Palczynska +1 212 635 1374 [emailprotected] Analysts Magda Palczynska +1 212 635 8529 [emailprotected] SOURCE BNY Mellon Related Links https://www.bnymellon.com

edtsum457

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 LAUDERDALE, Fla.--(BUSINESS WIRE)--Canara HSBC Oriental Bank of Commerce Life Insurance was two weeks away from closing its fiscal year when COVID-19 hit and a nationwide lock-down was implemented. But the company continued to move forward, accelerating the remote work strategy it had initiated years earlier using digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS). The announcement was made one night and within the next two to three days, our team members were at work from their new home environments, recalls Mr. Sachin Dutta, Chief Operating Officer, Canara HSBC Oriental Bank of Commerce Life Insurance. And because we already had Citrix in place, we were able to ensure they had secure and reliable access to the applications and information they needed to be successful. Enabling Work Anywhere Using Citrixs digital workspace and application delivery and security solutions, including Citrix Virtual Apps and Desktops and Citrix ADC, Canara HSBC Oriental Bank of Commerce Life Insurance has created a modern digital workspace through which its team can access the applications and insights they need and prefer to use to get work done, wherever they happen to be. When the pandemic hit, Dutta and his team simply ramped things up so its business could continue without interruption. One area in which Citrix really helps is in providing business continuity and the ability to quickly scale, even during unforeseen business disruptions like this pandemic, Mr. Dutta said. Within one day of Canara HSBC Oriental Bank of Commerce Life Insurance transitioning its call center employees to remote locations, customers were able to reach them and the services they would expect in a normal scenario resumed. Without Citrix, Mr. Dutta isnt sure if the outcome would have been the same. Had we not implemented the solution several years ago, I can tell you that our year end really would have been a dry period for us and our business would have suffered, he said. Creating the Space to Succeed With Citrix, Canara HSBC Oriental Bank of Commerce Life Insurance can provide employees with simple, unified access to the systems and information they need to work free from noise and distractions and perform at their best. And according to Mr. Dutta, this has led to significant improvements in productivity. Were actually offering better service levels because we have the right digital solution that empowers our employees to engage and work productively from remote locations, which is the inverse of what we expected to happen, he said. Accelerating Digital Transformation Looking to the future, Canara HSBC Oriental Bank of Commerce Life Insurance will continue to push forward with its remote work strategy. It's certainly an agile way of doing business, and we will continue to capitalize on the flexibility that Citrix provides to deliver the best kind of experience that enables our employees to deliver superior services to our clients and move our business forward regardless of their location, Mr. Dutta said. Canara HSBC Oriental Bank of Commerce Life Insurance joins more than 400,000 companies around the world who use Citrix solutions to power a better way to work. Click here to learn more about the transformation they are driving and results they are delivering. About Canara HSBC Oriental Bank of Commerce Life Insurance Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). Headquartered in Gurugram, the Company has branch offices pan India and sells and services its customers as per their preference and needs through a well-established distribution network in Tier 1, 2 and 3 markets combined with new-age tech servicing avenues. For more information, visit: https://www.canarahsbclife.com/index.html. About Citrix Citrix (NASDAQ: CTXS builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. For Citrix Investors: This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract. 2021 Citrix Systems, Inc. Citrix, the Citrix logo, and other marks appearing herein are the property of Citrix Systems, Inc. and may be registered with the U.S. Patent and Trademark Office and in other countries. All other marks are the property of their respective owners. Answer:

Canara HSBC Oriental Bank of Commerce Life Insurance Enables Work from Anywhere with Citrix Company accelerates remote work strategy to keep employees engaged and productive, business moving and thriving

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Canara HSBC Oriental Bank of Commerce Life Insurance was two weeks away from closing its fiscal year when COVID-19 hit and a nationwide lock-down was implemented. But the company continued to move forward, accelerating the remote work strategy it had initiated years earlier using digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS). The announcement was made one night and within the next two to three days, our team members were at work from their new home environments, recalls Mr. Sachin Dutta, Chief Operating Officer, Canara HSBC Oriental Bank of Commerce Life Insurance. And because we already had Citrix in place, we were able to ensure they had secure and reliable access to the applications and information they needed to be successful. Enabling Work Anywhere Using Citrixs digital workspace and application delivery and security solutions, including Citrix Virtual Apps and Desktops and Citrix ADC, Canara HSBC Oriental Bank of Commerce Life Insurance has created a modern digital workspace through which its team can access the applications and insights they need and prefer to use to get work done, wherever they happen to be. When the pandemic hit, Dutta and his team simply ramped things up so its business could continue without interruption. One area in which Citrix really helps is in providing business continuity and the ability to quickly scale, even during unforeseen business disruptions like this pandemic, Mr. Dutta said. Within one day of Canara HSBC Oriental Bank of Commerce Life Insurance transitioning its call center employees to remote locations, customers were able to reach them and the services they would expect in a normal scenario resumed. Without Citrix, Mr. Dutta isnt sure if the outcome would have been the same. Had we not implemented the solution several years ago, I can tell you that our year end really would have been a dry period for us and our business would have suffered, he said. Creating the Space to Succeed With Citrix, Canara HSBC Oriental Bank of Commerce Life Insurance can provide employees with simple, unified access to the systems and information they need to work free from noise and distractions and perform at their best. And according to Mr. Dutta, this has led to significant improvements in productivity. Were actually offering better service levels because we have the right digital solution that empowers our employees to engage and work productively from remote locations, which is the inverse of what we expected to happen, he said. Accelerating Digital Transformation Looking to the future, Canara HSBC Oriental Bank of Commerce Life Insurance will continue to push forward with its remote work strategy. It's certainly an agile way of doing business, and we will continue to capitalize on the flexibility that Citrix provides to deliver the best kind of experience that enables our employees to deliver superior services to our clients and move our business forward regardless of their location, Mr. Dutta said. Canara HSBC Oriental Bank of Commerce Life Insurance joins more than 400,000 companies around the world who use Citrix solutions to power a better way to work. Click here to learn more about the transformation they are driving and results they are delivering. About Canara HSBC Oriental Bank of Commerce Life Insurance Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). Headquartered in Gurugram, the Company has branch offices pan India and sells and services its customers as per their preference and needs through a well-established distribution network in Tier 1, 2 and 3 markets combined with new-age tech servicing avenues. For more information, visit: https://www.canarahsbclife.com/index.html. About Citrix Citrix (NASDAQ: CTXS builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. For Citrix Investors: This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract. 2021 Citrix Systems, Inc. Citrix, the Citrix logo, and other marks appearing herein are the property of Citrix Systems, Inc. and may be registered with the U.S. Patent and Trademark Office and in other countries. All other marks are the property of their respective owners.

edtsum458

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., July 6, 2020 /PRNewswire/ -- According to insight from Trends Exchange and UneeQ, the 2020s will see a hundred-fold increase in the commercial use of digital humans to answer customer service inquiries, deliver news and information, and create entertaining content. Adroit Market Research reports the global conversational AI platform market size is anticipated to grow from $4 billion in 2019 to $17 billion by 2025. Conversational AI encompasses many technologies including voice assistants, customer service chatbots, and digital humans. "Chatbots and voice assistants piqued our commercial interests in the 2010s. We saw many companies start using Messenger bots for customer service. But this was a stepping stone in using AI to communicate with customers. The real opportunity is with digital humans because they take the expressive, engaging element of humans and combine it with the scalable nature of software." QuHarrison Terry, Founder of Trends Exchange and Speaker at Digital Humans Day Early-adopters of digital human technology includes Deloitte, UBS, IBM, Singtel, BMW, and Vodafone. Each of these companies employed UneeQ a leading digital human provider to build digital humans to solve for improving customer experience as part of their digital transformation strategy. "We've never seen a more natural and impactful way for brands to connect with their customers through technology than we have with digital humans. You're not a forward-thinking brand if you're not considering the impact these digital employees can have on customer experience." Sennai Atsbeha, Former Brand Lead at Nike & Apple. "If you have a couple of hours free on July 14th, I'd highly recommend you attend Digital Humans Day. This event will bookend current use cases from top brands as well as showcase future possibilities. Best of all, we're going to hear perspectives from leaders at Salesforce and Verizon, as well as former leaders at Apple, Nike, Amazon, and Microsoft." Danny Tomsett, Founder & CEO of UneeQ The insights in this article were gathered by Digital Humans Day the world's first virtual conference exploring how organizations are using digital humans and conversational AI to change buyer behaviors and create new brand experiences across retail, healthcare, technology, retail banking, and more. Register for the event at http://digitalhumansday.com Media Contact: Ryan Cowdrey 505-333-9117 [emailprotected] SOURCE Trends Exchange Related Links https://www.trends.exchange Answer:

Former Nike and Amazon Executives Weigh in on the $17 Billion Digital Human Opportunity

MADISON, Wis., July 6, 2020 /PRNewswire/ -- According to insight from Trends Exchange and UneeQ, the 2020s will see a hundred-fold increase in the commercial use of digital humans to answer customer service inquiries, deliver news and information, and create entertaining content. Adroit Market Research reports the global conversational AI platform market size is anticipated to grow from $4 billion in 2019 to $17 billion by 2025. Conversational AI encompasses many technologies including voice assistants, customer service chatbots, and digital humans. "Chatbots and voice assistants piqued our commercial interests in the 2010s. We saw many companies start using Messenger bots for customer service. But this was a stepping stone in using AI to communicate with customers. The real opportunity is with digital humans because they take the expressive, engaging element of humans and combine it with the scalable nature of software." QuHarrison Terry, Founder of Trends Exchange and Speaker at Digital Humans Day Early-adopters of digital human technology includes Deloitte, UBS, IBM, Singtel, BMW, and Vodafone. Each of these companies employed UneeQ a leading digital human provider to build digital humans to solve for improving customer experience as part of their digital transformation strategy. "We've never seen a more natural and impactful way for brands to connect with their customers through technology than we have with digital humans. You're not a forward-thinking brand if you're not considering the impact these digital employees can have on customer experience." Sennai Atsbeha, Former Brand Lead at Nike & Apple. "If you have a couple of hours free on July 14th, I'd highly recommend you attend Digital Humans Day. This event will bookend current use cases from top brands as well as showcase future possibilities. Best of all, we're going to hear perspectives from leaders at Salesforce and Verizon, as well as former leaders at Apple, Nike, Amazon, and Microsoft." Danny Tomsett, Founder & CEO of UneeQ The insights in this article were gathered by Digital Humans Day the world's first virtual conference exploring how organizations are using digital humans and conversational AI to change buyer behaviors and create new brand experiences across retail, healthcare, technology, retail banking, and more. Register for the event at http://digitalhumansday.com Media Contact: Ryan Cowdrey 505-333-9117 [emailprotected] SOURCE Trends Exchange Related Links https://www.trends.exchange

edtsum459

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)--Powered Brands (Nasdaq: POWRU) (the Company) announced today that separate trading of its common stock and warrants underlying the Companys units would commence on or about March 3, 2021. The common stock and warrants will trade under the symbols POW and POWRW, respectively. Units not separated will continue to be listed on Nasdaq Stock Market LLC under the symbol POWRU. Powered Brands is a newly incorporated blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to as our initial business combination. While Powered Brands may pursue an initial business combination opportunity in any business, industry, sector or geographical location, it intends to capitalize on the ability of its management team to identify promising opportunities within beauty, wellness and consumer-related industries. This press release shall not constitute an offer to sell or a 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. Forward Looking Statements This press release contains statements that constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are subject to numerous risks and conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and other filings with the Securities and Exchange Commission and, therefore, actual results could differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Answer:

Powered Brands Securities to Commence Separate Trading

NEW YORK--(BUSINESS WIRE)--Powered Brands (Nasdaq: POWRU) (the Company) announced today that separate trading of its common stock and warrants underlying the Companys units would commence on or about March 3, 2021. The common stock and warrants will trade under the symbols POW and POWRW, respectively. Units not separated will continue to be listed on Nasdaq Stock Market LLC under the symbol POWRU. Powered Brands is a newly incorporated blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to as our initial business combination. While Powered Brands may pursue an initial business combination opportunity in any business, industry, sector or geographical location, it intends to capitalize on the ability of its management team to identify promising opportunities within beauty, wellness and consumer-related industries. This press release shall not constitute an offer to sell or a 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. Forward Looking Statements This press release contains statements that constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are subject to numerous risks and conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and other filings with the Securities and Exchange Commission and, therefore, actual results could differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

edtsum460

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, Dec. 21, 2020 /PRNewswire/ -- "I wanted to create a special way to personalize a gift or a bottle of wine for a birthday, anniversary or other event," said an inventor, from San Jose, Calif., "so I invented the SCRATCHY-SCRATCHY. My design is easy to use and it adds a personalized touch to any gift." The invention provides a unique way to customize a wine bottle or gift label. In doing so, it offers a creative alternative to traditional gift tags. As a result, it could enhance the appearance of a gift and it can be used for various holidays and occasions. The invention features a novel and eye-catching design that is easy to apply and use so it is ideal for the general population. Additionally, it is producible in design variations. The original design was submitted to the San Francisco sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-SFO-771, 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 Inventor Develops Customizable Label for Wine Bottles or Gifts (SFO-771)

PITTSBURGH, Dec. 21, 2020 /PRNewswire/ -- "I wanted to create a special way to personalize a gift or a bottle of wine for a birthday, anniversary or other event," said an inventor, from San Jose, Calif., "so I invented the SCRATCHY-SCRATCHY. My design is easy to use and it adds a personalized touch to any gift." The invention provides a unique way to customize a wine bottle or gift label. In doing so, it offers a creative alternative to traditional gift tags. As a result, it could enhance the appearance of a gift and it can be used for various holidays and occasions. The invention features a novel and eye-catching design that is easy to apply and use so it is ideal for the general population. Additionally, it is producible in design variations. The original design was submitted to the San Francisco sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-SFO-771, 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

edtsum461

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: Financial Highlights For the year ended December 31, 2019 Revenue amounted to approximately RMB323.1 million, representing a significant YOY increase of 53.9% from approximately RMB210.0 million in the same period last year. Gross profit amounted to approximately RMB155.9 million, representing a significant YOY increase of 47.8% from approximately RMB105.5 million in the same period last year. Net profit increased to approximately RMB265.9 million, representing a significant YOY increase of 193.5% from RMB90.6 million in the same period last year. Adjusted non-IFRS net profit increased to approximately RMB318.0 million, representing a significant YOY increase of 134.7% from RMB135.5 million in the same period last year. Adjusted non-IFRS diluted earnings per share increased to HK$0.24 from HK$0.13 in the same period last year. The Board has recommended the payment of a final dividend of HK$0.015 per share. HONG KONG, March 30,2020 /PRNewswire/ --Viva Biotech Holdings ("the "Group" or "Viva Biotech"; stock code: 1873.HK), announced its annual results for the twelve months ended 31 December 2019 (the "Reporting Period"). During the Reporting Period, the Group's innovative twin drivers of cash-for-service (CFS) business and equity-for service (EFS) business contributed to each other to secure remarkable progress, driving the Group's revenue to increase significantly to RMB323.1 million from RMB210.0 million for the corresponding period last year, representing a year-on-year ("YOY") increase of 53.9%. And its net profit increased by 193.5% to RMB265.9 million from RMB90.6 million for the corresponding period last year. Significant Growth in CFS Businesswith a Further Diversified Customers Structure Leveraging on its leading structure-based early stage drug discovery technology platforms, the Group's CFS business maintained vigorous growth in 2019, delivering more than 13,700 protein structures and more than 1,200 independent drug targets to customers. During the ReportingPeriod, revenue from the CFS business increased significantly to RMB245.6 million from RMB154.7 million for the corresponding period last year, representing a YOY increase of 58.8%. The Group had provided drug discovery services to more than 438 biotechnology and pharmaceutical customers worldwide including nine out of the ten largest global pharmaceutical companies (in terms of revenue in 2019) and 29 companies named in the Fierce Biotech Top 15 Promising Biotechs;the contract amount of customer orders reached approximately RMB349.0 million, up by 91.8% YOY. In particular, revenue generated from repeat customers accounted for 81.5% of the total revenue. Total revenue contributed by the top ten customers increased to RMB125.3 million in 2019 from RMB91.0 million for 2018, up by 37.7%, while total revenue from top ten customers as a percentage of the Group's total revenue decreased from 43.3% to 38.8%, reflecting the Group's ever-growing customer base and a diversified customer structure. Rapid Expansion in EFS Business to Achieve Initial Success in Establishing Ecosystem During the Reporting Period, revenue generated by EFS business amounted to RMB77.5 million, representing a YOY increase of approximately 40.0%. With received and reviewed 635 early-stage projects in 2019, the Group added 19 startups to the incubation portfolio companies, made additional investments in two of existing incubation portfolio companies and was in negotiation for investment in three new companies. At the same time, the Group also disposed partial equity interests in two incubation portfolio companies, namely Weimou Biotech (Shanghai) Co. Ltd. and Proviva Therapeutics, INC. During the Reporting Period, these new investment projects covered more frontier, diversified fields, and a greater geographical distribution. For example, the Group has expanded the portfolio coverage of biological macromolecules, genes and cell therapies. By establishing and improving the post-investment management system, as well as deepening cooperation with scientific research institutes, incubators in the global biopharmaceutical field and venture capitals, the Group's EFS business foundation has been further strengthened. Strengthening Technology and Incubation Platforms Capability While Expanding Human Resources and Facilities Scale In aspects of technology platforms, in addition to continuously optimizing the existing eight technology platforms including structure-based drug discovery (SBDD) platform, fragment-based drug discovery (FBDD) platform, affinity selection mass spectrometry (ASMS) screening platform and membrane protein targeted drug discovery platform, the Group is actively building new technology platforms such as Cryo-EM andComputational Chemistry,being committed to further expanding in technology fields such as new drug discovery in terms of bio-macromolecules and biological detection. During the Reporting Period, the Group's new laboratory and office premise in Zhangjiang High-Tech Park, Shanghai was expanded by approximately 8,000 square meters and primarily caters for the increasing demand of CFS customer orders. Another newly constructed modern scientific research and production center in Chengdu, covering an area of approximately 50 mu, will integrate new drug R&D, commercialization and production. In 2019, the Group attracted 6 top-tier scientists and professionals from the People's Republic of China ("PRC") and overseas to join as business partners, bringing the total number of business partners to over 20 and constantly strengthening the Group's core capacities to assess project value and the professional barriers in R&D activities. Additionally, employees of the Group increased from 486 as of the same period last year to 731, 614 of whom are R&D staffs. Promoting the Integration of Innovative Drugs Industrial Chain and Improving the Group's Service Offerings Looking forward, the Group will accelerate its strategic cooperation with quality CMO/CDMO companies by vertically integrating new drug discovery, R&D and production platforms in the industry service chain, so as to rapidly improve the service offerings of the Group, enhance the incubation capability of the EFS business and attract more CFS customers. Meanwhile, through strategic investment in a number of funds and professional platforms along the entire industrial chain, the Group's incubation portfolio and its diversity, adaptability, variety and risk resilience will be further strengthened. Dr. Cheney Mao, Chairman, Chief Executive Officer and Executive Director of Viva Biotech Holdings said: "Since our listing on the Hong Kong Stock Exchange in May 2019, Via Biotech has been continuously focusing on consolidating its technological advantages and strengthening its competitiveness in the capital market. Nowadays the global innovative drug market has witnessed vibrant growth and China's contract research organization (CRO) industry has entered a golden stage of high-speed and high-quality development, especially the surged demands for early preclinical drug R&D outsourcing services. The Group will capture such historical opportunities to proactively capture quality customers and biotech companies with high potentials at the early R&D stage of new drugs, build up and continuously raise technology barriers and expand and integrate industrial chain through improving operational efficiency, strengthening talent recruitment and enhancing platform capability, with an aim to establish an virtuous cycle of win-win cooperation, thereby achieving sustainable and high-quality growth, bringing long-term value to investors and striving for maximum returns." About Viva Biotech Holdings Viva Biotech's mission is to become a cradle for innovative biotechnology companies around the world. Viva Biotech has developed a scalable business model combing the conventional cash-for-service (CFS) model and its unique equity-for-service (EFS) model. Under the CFS model, the Group provides structure-based drug discovery services to its biotechnology and pharmaceutical customers worldwide for their pre-clinical stage innovative drug development, covering the full spectrum of the customers' needs for early stage drug discovery, including target protein expression and structure research, hit screening, lead optimization and drug candidate determination. Viva Biotech also provides drug discovery and incubation services to biotechnology start-up companies with high potential under its EFS model. As of December31, 2019, Viva Biotech had provided drug discovery services to 438 biotechnology and pharmaceutical customers worldwide, worked on over 1,200 independent drug targets, delivered over 13,700 independent protein structures, and incubated a total of 46 early stage R&D projects. SOURCE Viva Biotech Holdings Answer:

Viva Biotech Announced 2019 Annual Results

Financial Highlights For the year ended December 31, 2019 Revenue amounted to approximately RMB323.1 million, representing a significant YOY increase of 53.9% from approximately RMB210.0 million in the same period last year. Gross profit amounted to approximately RMB155.9 million, representing a significant YOY increase of 47.8% from approximately RMB105.5 million in the same period last year. Net profit increased to approximately RMB265.9 million, representing a significant YOY increase of 193.5% from RMB90.6 million in the same period last year. Adjusted non-IFRS net profit increased to approximately RMB318.0 million, representing a significant YOY increase of 134.7% from RMB135.5 million in the same period last year. Adjusted non-IFRS diluted earnings per share increased to HK$0.24 from HK$0.13 in the same period last year. The Board has recommended the payment of a final dividend of HK$0.015 per share. HONG KONG, March 30,2020 /PRNewswire/ --Viva Biotech Holdings ("the "Group" or "Viva Biotech"; stock code: 1873.HK), announced its annual results for the twelve months ended 31 December 2019 (the "Reporting Period"). During the Reporting Period, the Group's innovative twin drivers of cash-for-service (CFS) business and equity-for service (EFS) business contributed to each other to secure remarkable progress, driving the Group's revenue to increase significantly to RMB323.1 million from RMB210.0 million for the corresponding period last year, representing a year-on-year ("YOY") increase of 53.9%. And its net profit increased by 193.5% to RMB265.9 million from RMB90.6 million for the corresponding period last year. Significant Growth in CFS Businesswith a Further Diversified Customers Structure Leveraging on its leading structure-based early stage drug discovery technology platforms, the Group's CFS business maintained vigorous growth in 2019, delivering more than 13,700 protein structures and more than 1,200 independent drug targets to customers. During the ReportingPeriod, revenue from the CFS business increased significantly to RMB245.6 million from RMB154.7 million for the corresponding period last year, representing a YOY increase of 58.8%. The Group had provided drug discovery services to more than 438 biotechnology and pharmaceutical customers worldwide including nine out of the ten largest global pharmaceutical companies (in terms of revenue in 2019) and 29 companies named in the Fierce Biotech Top 15 Promising Biotechs;the contract amount of customer orders reached approximately RMB349.0 million, up by 91.8% YOY. In particular, revenue generated from repeat customers accounted for 81.5% of the total revenue. Total revenue contributed by the top ten customers increased to RMB125.3 million in 2019 from RMB91.0 million for 2018, up by 37.7%, while total revenue from top ten customers as a percentage of the Group's total revenue decreased from 43.3% to 38.8%, reflecting the Group's ever-growing customer base and a diversified customer structure. Rapid Expansion in EFS Business to Achieve Initial Success in Establishing Ecosystem During the Reporting Period, revenue generated by EFS business amounted to RMB77.5 million, representing a YOY increase of approximately 40.0%. With received and reviewed 635 early-stage projects in 2019, the Group added 19 startups to the incubation portfolio companies, made additional investments in two of existing incubation portfolio companies and was in negotiation for investment in three new companies. At the same time, the Group also disposed partial equity interests in two incubation portfolio companies, namely Weimou Biotech (Shanghai) Co. Ltd. and Proviva Therapeutics, INC. During the Reporting Period, these new investment projects covered more frontier, diversified fields, and a greater geographical distribution. For example, the Group has expanded the portfolio coverage of biological macromolecules, genes and cell therapies. By establishing and improving the post-investment management system, as well as deepening cooperation with scientific research institutes, incubators in the global biopharmaceutical field and venture capitals, the Group's EFS business foundation has been further strengthened. Strengthening Technology and Incubation Platforms Capability While Expanding Human Resources and Facilities Scale In aspects of technology platforms, in addition to continuously optimizing the existing eight technology platforms including structure-based drug discovery (SBDD) platform, fragment-based drug discovery (FBDD) platform, affinity selection mass spectrometry (ASMS) screening platform and membrane protein targeted drug discovery platform, the Group is actively building new technology platforms such as Cryo-EM andComputational Chemistry,being committed to further expanding in technology fields such as new drug discovery in terms of bio-macromolecules and biological detection. During the Reporting Period, the Group's new laboratory and office premise in Zhangjiang High-Tech Park, Shanghai was expanded by approximately 8,000 square meters and primarily caters for the increasing demand of CFS customer orders. Another newly constructed modern scientific research and production center in Chengdu, covering an area of approximately 50 mu, will integrate new drug R&D, commercialization and production. In 2019, the Group attracted 6 top-tier scientists and professionals from the People's Republic of China ("PRC") and overseas to join as business partners, bringing the total number of business partners to over 20 and constantly strengthening the Group's core capacities to assess project value and the professional barriers in R&D activities. Additionally, employees of the Group increased from 486 as of the same period last year to 731, 614 of whom are R&D staffs. Promoting the Integration of Innovative Drugs Industrial Chain and Improving the Group's Service Offerings Looking forward, the Group will accelerate its strategic cooperation with quality CMO/CDMO companies by vertically integrating new drug discovery, R&D and production platforms in the industry service chain, so as to rapidly improve the service offerings of the Group, enhance the incubation capability of the EFS business and attract more CFS customers. Meanwhile, through strategic investment in a number of funds and professional platforms along the entire industrial chain, the Group's incubation portfolio and its diversity, adaptability, variety and risk resilience will be further strengthened. Dr. Cheney Mao, Chairman, Chief Executive Officer and Executive Director of Viva Biotech Holdings said: "Since our listing on the Hong Kong Stock Exchange in May 2019, Via Biotech has been continuously focusing on consolidating its technological advantages and strengthening its competitiveness in the capital market. Nowadays the global innovative drug market has witnessed vibrant growth and China's contract research organization (CRO) industry has entered a golden stage of high-speed and high-quality development, especially the surged demands for early preclinical drug R&D outsourcing services. The Group will capture such historical opportunities to proactively capture quality customers and biotech companies with high potentials at the early R&D stage of new drugs, build up and continuously raise technology barriers and expand and integrate industrial chain through improving operational efficiency, strengthening talent recruitment and enhancing platform capability, with an aim to establish an virtuous cycle of win-win cooperation, thereby achieving sustainable and high-quality growth, bringing long-term value to investors and striving for maximum returns." About Viva Biotech Holdings Viva Biotech's mission is to become a cradle for innovative biotechnology companies around the world. Viva Biotech has developed a scalable business model combing the conventional cash-for-service (CFS) model and its unique equity-for-service (EFS) model. Under the CFS model, the Group provides structure-based drug discovery services to its biotechnology and pharmaceutical customers worldwide for their pre-clinical stage innovative drug development, covering the full spectrum of the customers' needs for early stage drug discovery, including target protein expression and structure research, hit screening, lead optimization and drug candidate determination. Viva Biotech also provides drug discovery and incubation services to biotechnology start-up companies with high potential under its EFS model. As of December31, 2019, Viva Biotech had provided drug discovery services to 438 biotechnology and pharmaceutical customers worldwide, worked on over 1,200 independent drug targets, delivered over 13,700 independent protein structures, and incubated a total of 46 early stage R&D projects. SOURCE Viva Biotech Holdings

edtsum462

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 "Asia Pacific Digital Advertising Market 2020-2026 by Platform, Ad Format, Industry Vertical, and Country: COVID-19 Impact and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering. Asia Pacific digital advertising market will grow by 12.54% annually with a total addressable market cap of $1,365.2 billion over 2020-2026 owing to the rising need for digital marketing amid COVID-19 pandemic in the region. Highlighted with 32 tables and 45 figures, this 119-page report is based on a comprehensive research of the entire Asia Pacific digital advertising market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2015-2019, revenue estimates for 2020, and forecasts from 2021 till 2026. In-depth qualitative analyses include identification and investigation of the following aspects: Key Players: Key Topics Covered: 1 Introduction 2 Market Overview and Qualitative Analysis 2.1 Market Size and Forecast 2.1.1 Impact of COVID-19 on World Economy 2.1.2 Impact of COVID-19 on the Market 2.2 Major Growth Drivers 2.3 Market Restraints and Challenges 2.4 Emerging Opportunities and Market Trends 2.5 Porter's Five Forces Analysis 3 Segmentation of Asia Pacific Market by Platform 3.1 Market Overview by Platform 3.2 Asia Pacific Mobile Advertising Market 2015-2026 3.3 Asia Pacific Desktop Advertising Market 2015-2026 3.4 Asia Pacific Market of Digital Advertising via Other Digital Platforms 2015-2026 4 Segmentation of Asia Pacific Market by Ad Format 4.1 Market Overview by Ad Format 4.2 Asia Pacific Digital Display Ad Market 2015-2026 4.3 Asia Pacific Internet Paid Search Ad Market 2015-2026 4.4 Asia Pacific Social Media Ad Market 2015-2026 4.5 Asia Pacific Online Video Ad Market 2015-2026 4.6 Asia Pacific Market of Other Digital Ad Formats 2015-2026 5 Segmentation of Asia Pacific Market by Industry Vertical 5.1 Market Overview by Industry Vertical 5.2 Asia Pacific Digital Advertising Market for Media and Entertainment 2015-2026 5.3 Asia Pacific Digital Advertising Market for Consumer Goods & Retail Industry 2015-2026 5.4 Asia Pacific Digital Advertising Market for Banking, Financial Service & Insurance (BFSI) 2015-2026 5.5 Asia Pacific Digital Advertising Market for Telecommunication IT Sector 2015-2026 5.6 Asia Pacific Digital Advertising Market for Travel Industry 2015-2026 5.7 Asia Pacific Digital Advertising Market for Healthcare Sector 2015-2026 5.8 Asia Pacific Digital Advertising Market for Manufacturing & Supply Chain 2015-2026 5.9 Asia Pacific Digital Advertising Market for Transportation and Logistics 2015-2026 5.10 Asia Pacific Digital Advertising Market for Energy, Power, and Utilities 2015-2026 5.11 Asia Pacific Digital Advertising Market for Other Industries 2015-2026 6 Asia-Pacific Market 2015-2026 by Country 6.1 Overview of Asia-Pacific Market 6.2 Japan 6.3 China 6.4 Indonesia 6.5 Australia 6.6 South Korea 6.7 Rest of APAC Region 7 Competitive Landscape 7.1 Overview of Key Vendors 7.2 Company Profiles 8 Investing in Asia Pacific Market: Risk Assessment and Management 8.1 Risk Evaluation of Asia Pacific Market 8.2 Critical Success Factors (CSFs) For more information about this report visit https://www.researchandmarkets.com/r/ilouci Answer:

Asia Pacific Digital Advertising Market (2020 to 2026) - COVID-19 Impact and Growth Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Digital Advertising Market 2020-2026 by Platform, Ad Format, Industry Vertical, and Country: COVID-19 Impact and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering. Asia Pacific digital advertising market will grow by 12.54% annually with a total addressable market cap of $1,365.2 billion over 2020-2026 owing to the rising need for digital marketing amid COVID-19 pandemic in the region. Highlighted with 32 tables and 45 figures, this 119-page report is based on a comprehensive research of the entire Asia Pacific digital advertising market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2015-2019, revenue estimates for 2020, and forecasts from 2021 till 2026. In-depth qualitative analyses include identification and investigation of the following aspects: Key Players: Key Topics Covered: 1 Introduction 2 Market Overview and Qualitative Analysis 2.1 Market Size and Forecast 2.1.1 Impact of COVID-19 on World Economy 2.1.2 Impact of COVID-19 on the Market 2.2 Major Growth Drivers 2.3 Market Restraints and Challenges 2.4 Emerging Opportunities and Market Trends 2.5 Porter's Five Forces Analysis 3 Segmentation of Asia Pacific Market by Platform 3.1 Market Overview by Platform 3.2 Asia Pacific Mobile Advertising Market 2015-2026 3.3 Asia Pacific Desktop Advertising Market 2015-2026 3.4 Asia Pacific Market of Digital Advertising via Other Digital Platforms 2015-2026 4 Segmentation of Asia Pacific Market by Ad Format 4.1 Market Overview by Ad Format 4.2 Asia Pacific Digital Display Ad Market 2015-2026 4.3 Asia Pacific Internet Paid Search Ad Market 2015-2026 4.4 Asia Pacific Social Media Ad Market 2015-2026 4.5 Asia Pacific Online Video Ad Market 2015-2026 4.6 Asia Pacific Market of Other Digital Ad Formats 2015-2026 5 Segmentation of Asia Pacific Market by Industry Vertical 5.1 Market Overview by Industry Vertical 5.2 Asia Pacific Digital Advertising Market for Media and Entertainment 2015-2026 5.3 Asia Pacific Digital Advertising Market for Consumer Goods & Retail Industry 2015-2026 5.4 Asia Pacific Digital Advertising Market for Banking, Financial Service & Insurance (BFSI) 2015-2026 5.5 Asia Pacific Digital Advertising Market for Telecommunication IT Sector 2015-2026 5.6 Asia Pacific Digital Advertising Market for Travel Industry 2015-2026 5.7 Asia Pacific Digital Advertising Market for Healthcare Sector 2015-2026 5.8 Asia Pacific Digital Advertising Market for Manufacturing & Supply Chain 2015-2026 5.9 Asia Pacific Digital Advertising Market for Transportation and Logistics 2015-2026 5.10 Asia Pacific Digital Advertising Market for Energy, Power, and Utilities 2015-2026 5.11 Asia Pacific Digital Advertising Market for Other Industries 2015-2026 6 Asia-Pacific Market 2015-2026 by Country 6.1 Overview of Asia-Pacific Market 6.2 Japan 6.3 China 6.4 Indonesia 6.5 Australia 6.6 South Korea 6.7 Rest of APAC Region 7 Competitive Landscape 7.1 Overview of Key Vendors 7.2 Company Profiles 8 Investing in Asia Pacific Market: Risk Assessment and Management 8.1 Risk Evaluation of Asia Pacific Market 8.2 Critical Success Factors (CSFs) For more information about this report visit https://www.researchandmarkets.com/r/ilouci

edtsum463

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: TAMPA, Fla., July 23, 2020 /PRNewswire/ --Abacode, a managed cybersecurity & compliance services provider (MCCP), headquartered in Tampa, Florida today announced the launch of Abacode Live! From the SOC Director's Desk - Cyber-Threat Insight of the Week Series. Anyone can join the live series, hosted by Robert Lubin, Abacode's SOC Director. Each week a new cybersecurity threat will be discussed. Robert will explain what the threat is, why and how it happened, what to look for to detect this type of threat, the potential business implications, and what steps a company can take to prevent the threat from occurring. "Many people have heard of various threats but may not understand what they are and the long-term impact," said Rolando Torres, COO for Abacode. "This live series provides a way, especially for non-technical people in leadership positions, to gain insight into the importance of having a cybersecurity strategy and prevention plan." The series is live every Thursday at 4 pm eastern starting July 30. Join the series Here About Abacode Abacode is a Managed Cybersecurity & Compliance Services Provider (MCCP). Abacode combines leading technologies and professional services to implement holistic, framework-based Cybersecurity and Compliance programs for clients throughout the world. Our unique model empowers organizations to make objective and reasoned security investments based on their business needs, budget, and risk tolerance and ultimately transform their cybersecurity challenges into a competitive advantage. Abacode enables clients to implement a Cyber Capability Maturity Model and consolidate all cybersecurity initiatives under one roof. Offices in the Americas and Europe. Learn more at Abacode.comor connect with us at [emailprotected] SOURCE Abacode Cybersecurity & Compliance Related Links http://abacode.com Answer:

Abacode, Inc. Launches Cyber-Threat Insight of the Week Live Series

TAMPA, Fla., July 23, 2020 /PRNewswire/ --Abacode, a managed cybersecurity & compliance services provider (MCCP), headquartered in Tampa, Florida today announced the launch of Abacode Live! From the SOC Director's Desk - Cyber-Threat Insight of the Week Series. Anyone can join the live series, hosted by Robert Lubin, Abacode's SOC Director. Each week a new cybersecurity threat will be discussed. Robert will explain what the threat is, why and how it happened, what to look for to detect this type of threat, the potential business implications, and what steps a company can take to prevent the threat from occurring. "Many people have heard of various threats but may not understand what they are and the long-term impact," said Rolando Torres, COO for Abacode. "This live series provides a way, especially for non-technical people in leadership positions, to gain insight into the importance of having a cybersecurity strategy and prevention plan." The series is live every Thursday at 4 pm eastern starting July 30. Join the series Here About Abacode Abacode is a Managed Cybersecurity & Compliance Services Provider (MCCP). Abacode combines leading technologies and professional services to implement holistic, framework-based Cybersecurity and Compliance programs for clients throughout the world. Our unique model empowers organizations to make objective and reasoned security investments based on their business needs, budget, and risk tolerance and ultimately transform their cybersecurity challenges into a competitive advantage. Abacode enables clients to implement a Cyber Capability Maturity Model and consolidate all cybersecurity initiatives under one roof. Offices in the Americas and Europe. Learn more at Abacode.comor connect with us at [emailprotected] SOURCE Abacode Cybersecurity & Compliance Related Links http://abacode.com

edtsum464

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: HENDERSON, Nev., April 27, 2021 /PRNewswire/ -- TRAVOIS is introducing its new Metris Camper, TRAVOIS ELEVATE. The Travois Elevate is available on both the Metris 135 cargo and 126 passenger van. A FUNCTIONAL DESIGN TO MATCH THE STAR BADGE TRAVOIS 135 METRIS CAMPER TRAVOIS 135 METRIS CAMPER The new Travois Elevate stunningly embraces Travois' modern design language. From quality new interior features, to an exquisitely enhanced cabin that highlights Travois' commitment to craftsmanship, the new Travois Elevate makes a clear statement of intent. This is a premium campervan based on the Mercedes-Benz Metris and is designed to inspire extraordinary journeys and provide you with a camper that matches the star badge which stands for generations of industry leading safety and quality standards. The Travois Elevate aims to raise the benchmark for small to medium size camper vans, by using high quality components for an easy and trouble free ownership experience.Spacious and sensuous, describes the Travois Elevate. The cabin rewards your senses, by providing you with thoughtfully inspired functional elements, and by using natural-grain wood, such as the durable Baltic Birch cabinets.The Travois Elevate can comfortably sleep 2 adults and 2 children.SAFETY AND CONVENIENCEThe Travois Elevate is designed to be aesthetically appealing but also safe and functional. The TRAVOIS floor and seatbed systems offer a flexible, fully insulated and most importantly safe Vanlife experience. All seat and floor systems which are installed in a Travois Elevate are 30 second pull tested according to North American Standards. This 30 second pull test, required for passenger vehicles, is far more complex than the M1 test. This ensures that you can feel confident that travelling to your destination will be both comfortable and safe. The Travois Elevate also comes with its own TRAVOIS Pop Top, which was developed to not only meet North American Roof structure requirements but also designed in accordance with regulations set forth through the Mercedes-Benz Upfitter program. EVERYTHING YOU NEED AND MOREThe Travois Elevate comes equipped with a secondary AGM Battery, shorepower, USB outlets, stove and fridge as standard to provide a true vanlife experience where ever your journey will take you. BEST OF ALL WORLDS The combination of the Mercedes-Benz Metris platform and the Travois Elevate ensures an ownership experience where your campervan can truly represent a daily driver and campervan without compromise. AVAILABLE AT SELECTED MERCEDES-BENZ DealersTRAVOIS and Mercedes-Benz Dealerships benefit from a close partnership focused on listening and reacting to customer requirements while ensuring that at all times a well built and safe product is provided to the customer. Travois currently offers its products for sale via 30 Mercedes-Benz Dealers nationwide. www.travoisvans.com SOURCE Travois Vans Related Links https://www.travoisvans.com Answer:

Travois Metris Camper

HENDERSON, Nev., April 27, 2021 /PRNewswire/ -- TRAVOIS is introducing its new Metris Camper, TRAVOIS ELEVATE. The Travois Elevate is available on both the Metris 135 cargo and 126 passenger van. A FUNCTIONAL DESIGN TO MATCH THE STAR BADGE TRAVOIS 135 METRIS CAMPER TRAVOIS 135 METRIS CAMPER The new Travois Elevate stunningly embraces Travois' modern design language. From quality new interior features, to an exquisitely enhanced cabin that highlights Travois' commitment to craftsmanship, the new Travois Elevate makes a clear statement of intent. This is a premium campervan based on the Mercedes-Benz Metris and is designed to inspire extraordinary journeys and provide you with a camper that matches the star badge which stands for generations of industry leading safety and quality standards. The Travois Elevate aims to raise the benchmark for small to medium size camper vans, by using high quality components for an easy and trouble free ownership experience.Spacious and sensuous, describes the Travois Elevate. The cabin rewards your senses, by providing you with thoughtfully inspired functional elements, and by using natural-grain wood, such as the durable Baltic Birch cabinets.The Travois Elevate can comfortably sleep 2 adults and 2 children.SAFETY AND CONVENIENCEThe Travois Elevate is designed to be aesthetically appealing but also safe and functional. The TRAVOIS floor and seatbed systems offer a flexible, fully insulated and most importantly safe Vanlife experience. All seat and floor systems which are installed in a Travois Elevate are 30 second pull tested according to North American Standards. This 30 second pull test, required for passenger vehicles, is far more complex than the M1 test. This ensures that you can feel confident that travelling to your destination will be both comfortable and safe. The Travois Elevate also comes with its own TRAVOIS Pop Top, which was developed to not only meet North American Roof structure requirements but also designed in accordance with regulations set forth through the Mercedes-Benz Upfitter program. EVERYTHING YOU NEED AND MOREThe Travois Elevate comes equipped with a secondary AGM Battery, shorepower, USB outlets, stove and fridge as standard to provide a true vanlife experience where ever your journey will take you. BEST OF ALL WORLDS The combination of the Mercedes-Benz Metris platform and the Travois Elevate ensures an ownership experience where your campervan can truly represent a daily driver and campervan without compromise. AVAILABLE AT SELECTED MERCEDES-BENZ DealersTRAVOIS and Mercedes-Benz Dealerships benefit from a close partnership focused on listening and reacting to customer requirements while ensuring that at all times a well built and safe product is provided to the customer. Travois currently offers its products for sale via 30 Mercedes-Benz Dealers nationwide. www.travoisvans.com SOURCE Travois Vans Related Links https://www.travoisvans.com

edtsum465

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. HELIER, Jersey--(BUSINESS WIRE)--Novocure (NASDAQ: NVCR) today announced an update regarding its phase 3 pivotal LUNAR trial of Tumor Treating Fields (TTFields) in stage 4 non-small cell lung cancer (NSCLC) following platinum failure. Following a routine review of the study by an independent data monitoring committee (DMC), Novocure was informed that the pre-specified interim analysis for the LUNAR trial would be accelerated given the length of accrual and the number of events observed, to date. The interim analysis included data from 210 patients accrued to the LUNAR trial through February 2021. After review of the interim analysis report, the DMC concluded that the LUNAR trial should continue with no evidence of increased systemic toxicity. The DMC also stated that it is likely unnecessary and possibly unethical for patients randomized to the control arm to continue accrual to 534 patients with 18 months follow-up. The DMC recommended a reduced sample size of approximately 276 patients with 12 months follow-up which it believes will provide sufficient overall power for both primary and secondary endpoints. The DMC recommended no other changes to the design of the trial. Novocure remains blinded to all data. The primary endpoint of the LUNAR trial is superior overall survival when patients are treated with TTFields plus immune checkpoint inhibitors or docetaxel versus immune checkpoint inhibitors or docetaxel alone. The final analysis will also include an analysis of overall survival in the immune checkpoint inhibitor and docetaxel treatment subgroups. Novocure has notified the U.S. Food and Drug Administration (FDA) of the DMC recommendations and of its intent to submit an Investigational Device Exemption (IDE) supplement incorporating the recommended protocol adjustments. We are very pleased with the DMC recommendations, which we believe support the potential for TTFields to make a significant difference in treatment outcomes for patients with non-small cell lung cancer, whether used together with immune checkpoint inhibitors or docetaxel, said William Doyle, Novocures Executive Chairman. The accelerated interim analysis with an encouraging outcome adds to the accumulating evidence of Tumor Treating Fields broad potential across a range of hard-to-treat cancers. Combination therapy is a cornerstone of cancer care, and we believe using TTFields together with other cancer treatments, including immunotherapies, may lead to better outcomes for some patients, continued Mr. Doyle. We are very encouraged that, consistent with our expectations, the DMC concluded that TTFields exhibited no systemic toxicity. We will continue to develop TTFields as a limited toxicity backbone therapy upon which other standard-of-care and emerging cancer treatments can be added. Lung cancer is the most common cause of cancer-related death worldwide, and NSCLC accounts for approximately 85% of all lung cancers. It is estimated that approximately 193,000 patients are diagnosed with NSCLC each year in the U.S. and approximately 46,000 patients receive second-line treatment for stage 4 NSCLC each year in the U.S. Physicians use different combinations of surgery, radiation and pharmacological therapies to treat NSCLC, depending on the stage of the disease. TTFields is intended principally for use together with other standard-of-care treatments, and LUNAR was designed to generate data that contemplates multiple outcomes, all of which Novocure believes will be clinically meaningful. The completion of the LUNAR interim analysis is an important milestone for Novocure, said Asaf Danziger, Novocures CEO. We are grateful to the DMC members for their diligence, guidance and support, and are looking forward to working closely with the FDA on amendments to the protocol given the DMCs recommendations. Pending regulatory approval, the recommended protocol adjustments could accelerate trial completion by more than a year. We look forward to sharing final data from the LUNAR trial as quickly as possible. About LUNAR LUNAR is a phase 3 pivotal trial testing the effectiveness of TTFields in combination with immune checkpoint inhibitors or docetaxel versus immune checkpoint inhibitors or docetaxel alone for patients with stage 4 NSCLC who progressed during or after platinum-based therapy. It is estimated that approximately 46,000 patients receive second-line treatment for stage 4 NSCLC each year in the U.S. The primary endpoint is superior overall survival of patients treated with TTFields plus immune checkpoint inhibitors or docetaxel versus immune checkpoint inhibitors or docetaxel alone. TTFields is intended principally for use in combination with other standard-of-care treatments, and LUNAR was designed to generate data that contemplates multiple outcomes, all of which Novocure believes will be clinically meaningful. About Tumor Treating Fields Tumor Treating Fields, or TTFields, are electric fields that disrupt cancer cell division. When cancer develops, rapid and uncontrolled division of unhealthy cells occurs. Electrically charged proteins within the cell are critical for cell division, making the rapidly dividing cancer cells vulnerable to electrical interference. All cells are surrounded by a bilipid membrane, which separates the interior of the cell, or cytoplasm, from the space around it. This membrane prevents low frequency electric fields from entering the cell. TTFields, however, have a unique frequency range, between 100 to 500 kHz, enabling the electric fields to penetrate the cancer cell membrane. As healthy cells differ from cancer cells in their division rate, geometry and electric properties, the frequency of TTFields can be tuned to specifically affect the cancer cells while leaving healthy cells mostly unaffected. Whether cells are healthy or cancerous, cell division, or mitosis, is the same. When mitosis starts, charged proteins within the cell, or microtubules, form the mitotic spindle. The spindle is built on electric interaction between its building blocks. During division, the mitotic spindle segregates the chromosomes, pulling them in opposite directions. As the daughter cells begin to form, electrically polarized molecules migrate towards the midline to make up the mitotic cleavage furrow. The furrow contracts and the two daughter cells separate. TTFields can interfere with these conditions. When TTFields are present in a dividing cancer cell, they cause the electrically charged proteins to align with the directional forces applied by the field, thus preventing the mitotic spindle from forming. Electrical forces also interrupt the migration of key proteins to the cell midline, disrupting the formation of the mitotic cleavage furrow. Interfering with these key processes disrupts mitosis and can lead to cell death. TTFields is intended principally for use together with other standard-of-care cancer treatments. There is a growing body of evidence that supports TTFields' broad applicability with certain other cancer therapies, including radiation therapy, certain chemotherapies and certain immunotherapies. In clinical research and commercial experience to date, TTFields has exhibited no systemic toxicity, with mild to moderate skin irritation being the most common side effect. Fundamental scientific research extends across two decades and, in all preclinical research to date, TTFields has demonstrated a consistent anti-mitotic effect. The TTFields global development program includes a broad range of clinical trials across all phases, included four phase 3 pivotal trials in a variety of tumor types. To date, more than 18,000 patients have been treated with TTFields. Use of Tumor Treating Fields for the treatment of NSCLC is investigational only. About Novocure Novocure is a global oncology company working to extend survival in some of the most aggressive forms of cancer through the development and commercialization of its innovative therapy, TTFields. TTFields are electric fields that disrupt cancer cell division. Novocures commercialized products are approved for the treatment of adult patients with glioblastoma and malignant pleural mesothelioma. Novocure has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer and ovarian cancer. Headquartered in Jersey, Novocure has U.S. operations in Portsmouth, New Hampshire, Malvern, Pennsylvania and New York City. Additionally, the company has offices in Germany, Switzerland, Japan and Israel. For additional information about the company, please visit www.novocure.com or follow us at www.twitter.com/novocure. Forward-Looking Statements In addition to historical facts or statements of current condition, this press release may contain forward-looking statements. Forward-looking statements provide Novocures current expectations or forecasts of future events. These may include statements regarding LUNAR progress and timelines, interpretation of the LUNAR interim analysis, anticipated scientific progress on its research programs, clinical trial progress, development of potential products, interpretation of clinical results, prospects for regulatory approval, manufacturing development and capabilities, market prospects for its products, coverage, collections from third-party payers and other statements regarding matters that are not historical facts. You may identify some of these forward-looking statements by the use of words in the statements such as anticipate, estimate, expect, project, intend, plan, believe or other words and terms of similar meaning. Novocures performance and financial results could differ materially from those reflected in these forward-looking statements due to general financial, economic, regulatory and political conditions as well as issues arising from the COVID-19 pandemic and other more specific risks and uncertainties facing Novocure such as those set forth in its Annual Report on Form 10-K filed on February 25, 2021, with the U.S. Securities and Exchange Commission. Given these risks and uncertainties, any or all of these forward-looking statements may prove to be incorrect. Therefore, you should not rely on any such factors or forward-looking statements. Furthermore, Novocure does not intend to update publicly any forward-looking statement, except as required by law. Any forward-looking statements herein speak only as of the date hereof. The Private Securities Litigation Reform Act of 1995 permits this discussion. Answer:

Novocure Announces Update on Phase 3 Pivotal LUNAR Trial of Tumor Treating Fields in Non-Small Cell Lung Cancer Pre-specified interim analysis concluded with favorable recommendation to continue the LUNAR trial DMC stated accrual to 534 patients is likely unnecessary and possibly unethical for patients randomized to control arm and recommended a shortened trial

ST. HELIER, Jersey--(BUSINESS WIRE)--Novocure (NASDAQ: NVCR) today announced an update regarding its phase 3 pivotal LUNAR trial of Tumor Treating Fields (TTFields) in stage 4 non-small cell lung cancer (NSCLC) following platinum failure. Following a routine review of the study by an independent data monitoring committee (DMC), Novocure was informed that the pre-specified interim analysis for the LUNAR trial would be accelerated given the length of accrual and the number of events observed, to date. The interim analysis included data from 210 patients accrued to the LUNAR trial through February 2021. After review of the interim analysis report, the DMC concluded that the LUNAR trial should continue with no evidence of increased systemic toxicity. The DMC also stated that it is likely unnecessary and possibly unethical for patients randomized to the control arm to continue accrual to 534 patients with 18 months follow-up. The DMC recommended a reduced sample size of approximately 276 patients with 12 months follow-up which it believes will provide sufficient overall power for both primary and secondary endpoints. The DMC recommended no other changes to the design of the trial. Novocure remains blinded to all data. The primary endpoint of the LUNAR trial is superior overall survival when patients are treated with TTFields plus immune checkpoint inhibitors or docetaxel versus immune checkpoint inhibitors or docetaxel alone. The final analysis will also include an analysis of overall survival in the immune checkpoint inhibitor and docetaxel treatment subgroups. Novocure has notified the U.S. Food and Drug Administration (FDA) of the DMC recommendations and of its intent to submit an Investigational Device Exemption (IDE) supplement incorporating the recommended protocol adjustments. We are very pleased with the DMC recommendations, which we believe support the potential for TTFields to make a significant difference in treatment outcomes for patients with non-small cell lung cancer, whether used together with immune checkpoint inhibitors or docetaxel, said William Doyle, Novocures Executive Chairman. The accelerated interim analysis with an encouraging outcome adds to the accumulating evidence of Tumor Treating Fields broad potential across a range of hard-to-treat cancers. Combination therapy is a cornerstone of cancer care, and we believe using TTFields together with other cancer treatments, including immunotherapies, may lead to better outcomes for some patients, continued Mr. Doyle. We are very encouraged that, consistent with our expectations, the DMC concluded that TTFields exhibited no systemic toxicity. We will continue to develop TTFields as a limited toxicity backbone therapy upon which other standard-of-care and emerging cancer treatments can be added. Lung cancer is the most common cause of cancer-related death worldwide, and NSCLC accounts for approximately 85% of all lung cancers. It is estimated that approximately 193,000 patients are diagnosed with NSCLC each year in the U.S. and approximately 46,000 patients receive second-line treatment for stage 4 NSCLC each year in the U.S. Physicians use different combinations of surgery, radiation and pharmacological therapies to treat NSCLC, depending on the stage of the disease. TTFields is intended principally for use together with other standard-of-care treatments, and LUNAR was designed to generate data that contemplates multiple outcomes, all of which Novocure believes will be clinically meaningful. The completion of the LUNAR interim analysis is an important milestone for Novocure, said Asaf Danziger, Novocures CEO. We are grateful to the DMC members for their diligence, guidance and support, and are looking forward to working closely with the FDA on amendments to the protocol given the DMCs recommendations. Pending regulatory approval, the recommended protocol adjustments could accelerate trial completion by more than a year. We look forward to sharing final data from the LUNAR trial as quickly as possible. About LUNAR LUNAR is a phase 3 pivotal trial testing the effectiveness of TTFields in combination with immune checkpoint inhibitors or docetaxel versus immune checkpoint inhibitors or docetaxel alone for patients with stage 4 NSCLC who progressed during or after platinum-based therapy. It is estimated that approximately 46,000 patients receive second-line treatment for stage 4 NSCLC each year in the U.S. The primary endpoint is superior overall survival of patients treated with TTFields plus immune checkpoint inhibitors or docetaxel versus immune checkpoint inhibitors or docetaxel alone. TTFields is intended principally for use in combination with other standard-of-care treatments, and LUNAR was designed to generate data that contemplates multiple outcomes, all of which Novocure believes will be clinically meaningful. About Tumor Treating Fields Tumor Treating Fields, or TTFields, are electric fields that disrupt cancer cell division. When cancer develops, rapid and uncontrolled division of unhealthy cells occurs. Electrically charged proteins within the cell are critical for cell division, making the rapidly dividing cancer cells vulnerable to electrical interference. All cells are surrounded by a bilipid membrane, which separates the interior of the cell, or cytoplasm, from the space around it. This membrane prevents low frequency electric fields from entering the cell. TTFields, however, have a unique frequency range, between 100 to 500 kHz, enabling the electric fields to penetrate the cancer cell membrane. As healthy cells differ from cancer cells in their division rate, geometry and electric properties, the frequency of TTFields can be tuned to specifically affect the cancer cells while leaving healthy cells mostly unaffected. Whether cells are healthy or cancerous, cell division, or mitosis, is the same. When mitosis starts, charged proteins within the cell, or microtubules, form the mitotic spindle. The spindle is built on electric interaction between its building blocks. During division, the mitotic spindle segregates the chromosomes, pulling them in opposite directions. As the daughter cells begin to form, electrically polarized molecules migrate towards the midline to make up the mitotic cleavage furrow. The furrow contracts and the two daughter cells separate. TTFields can interfere with these conditions. When TTFields are present in a dividing cancer cell, they cause the electrically charged proteins to align with the directional forces applied by the field, thus preventing the mitotic spindle from forming. Electrical forces also interrupt the migration of key proteins to the cell midline, disrupting the formation of the mitotic cleavage furrow. Interfering with these key processes disrupts mitosis and can lead to cell death. TTFields is intended principally for use together with other standard-of-care cancer treatments. There is a growing body of evidence that supports TTFields' broad applicability with certain other cancer therapies, including radiation therapy, certain chemotherapies and certain immunotherapies. In clinical research and commercial experience to date, TTFields has exhibited no systemic toxicity, with mild to moderate skin irritation being the most common side effect. Fundamental scientific research extends across two decades and, in all preclinical research to date, TTFields has demonstrated a consistent anti-mitotic effect. The TTFields global development program includes a broad range of clinical trials across all phases, included four phase 3 pivotal trials in a variety of tumor types. To date, more than 18,000 patients have been treated with TTFields. Use of Tumor Treating Fields for the treatment of NSCLC is investigational only. About Novocure Novocure is a global oncology company working to extend survival in some of the most aggressive forms of cancer through the development and commercialization of its innovative therapy, TTFields. TTFields are electric fields that disrupt cancer cell division. Novocures commercialized products are approved for the treatment of adult patients with glioblastoma and malignant pleural mesothelioma. Novocure has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer and ovarian cancer. Headquartered in Jersey, Novocure has U.S. operations in Portsmouth, New Hampshire, Malvern, Pennsylvania and New York City. Additionally, the company has offices in Germany, Switzerland, Japan and Israel. For additional information about the company, please visit www.novocure.com or follow us at www.twitter.com/novocure. Forward-Looking Statements In addition to historical facts or statements of current condition, this press release may contain forward-looking statements. Forward-looking statements provide Novocures current expectations or forecasts of future events. These may include statements regarding LUNAR progress and timelines, interpretation of the LUNAR interim analysis, anticipated scientific progress on its research programs, clinical trial progress, development of potential products, interpretation of clinical results, prospects for regulatory approval, manufacturing development and capabilities, market prospects for its products, coverage, collections from third-party payers and other statements regarding matters that are not historical facts. You may identify some of these forward-looking statements by the use of words in the statements such as anticipate, estimate, expect, project, intend, plan, believe or other words and terms of similar meaning. Novocures performance and financial results could differ materially from those reflected in these forward-looking statements due to general financial, economic, regulatory and political conditions as well as issues arising from the COVID-19 pandemic and other more specific risks and uncertainties facing Novocure such as those set forth in its Annual Report on Form 10-K filed on February 25, 2021, with the U.S. Securities and Exchange Commission. Given these risks and uncertainties, any or all of these forward-looking statements may prove to be incorrect. Therefore, you should not rely on any such factors or forward-looking statements. Furthermore, Novocure does not intend to update publicly any forward-looking statement, except as required by law. Any forward-looking statements herein speak only as of the date hereof. The Private Securities Litigation Reform Act of 1995 permits this discussion.

edtsum466

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: INDIANAPOLIS--(BUSINESS WIRE)--TRIMEDX, an industry-leading provider of clinical engineering, medical device cybersecurity and clinical asset management solutions to healthcare providers, announced the acquisition of Centurion Service Group, a full-service surplus medical equipment management company, to expand its Clinical Asset Management offering. The added capabilities of Centurion will allow TRIMEDX clients to gain maximum value from their excess medical equipment through Centurion auction services, positively impacting operational expenses, maximizing resources to improve patient care and optimizing clinical asset capital spend while also supporting environmental sustainability of dispositioned medical equipment. TRIMEDXs acquisition of Centurion Service Group will enhance TRIMEDXs clinical asset management and informatics solutions, which currently include clinical asset benchmarks and TRIMEDXs proprietary RUDR SCORE, by leveraging Centurions proprietary medical equipment pricing data and adding a marketplace that enables clients to identify assets available for reallocation across all their sites of care or to ultimately sell excess medical equipment through an integrated e-commerce platform. COVID-19 has accelerated changes for our healthcare providers. They are adopting new models of care and increasingly need innovative partners that can adapt to support the needs of their business today and support future plans across all of their sites of care, said TRIMEDX CEO Henry Hummel. With the addition of Centurion, TRIMEDX clients can maximize the value they receive for excess medical equipment through worldwide auctionsfreeing up space for immediate-need equipmentwhile Centurion clients will benefit from access to increased inventories of high-quality equipment and the trusted stamp of quality associated with TRIMEDX maintained medical equipment. Our primary objective has always been to build a comprehensive, provider-centric medical equipment model, said Centurion Service Group CEO Erik Tivin. By joining forces with TRIMEDX, we continue to push this goal forward while effectively transforming the opportunities available across the industry and enabling Centurion to offer our current clients a broader set of value-added services, including an end-to-end ecosystem with greater inventory of high-quality, pre-owned medical equipment. Centurion Service Group will operate as a subsidiary of TRIMEDX, continuing the services, commercial offerings, and cadence of auctions that clients experience today. TripleTree LLC served as exclusive financial advisor to Centurion in the transaction. To learn more about TRIMEDX and its offerings, visit trimedx.com. To learn more about Centurion Service Group, visit centurionservice.com. About TRIMEDX TRIMEDX is defining total clinical asset management for the healthcare industry. As a leading independent technology-enabled clinical asset management company, TRIMEDX provides strategic planning and management of clinical assets to unlock operational cost savings, free up capital for new strategic initiatives and deliver improved risk management and cyber protection. TRIMEDX was built by providers, for providers, and leverages a history of expert clinical engineering to manage over $30 billion in clinical assets across thousands of healthcare locations. About Centurion Service Group Centurion Service Group is a leading medical equipment lifecycle company, partnering with hospitals and surgery centers to unlock and extend the value of their surplus medical equipment. Centurion provides a hassle-free, full-cycle, service-focused solution, working with hospitals and other healthcare facilities to create strategies for surplus equipment liquidation; to pick up, transport, warehouse and sell surplus devices; and to maximize the value of surplus equipment by turning it into new equipment, refurbished equipment or essential services. Centurion operates surplus medical equipment auction house and provides complete medical equipment surplus management for healthcare facilities, including certified appraisals, trade-in value verification, asset and facility inventories, relocations, and closures. Answer:

TRIMEDX Acquires Centurion Service Group Acquisition of leading full-service surplus medical equipment platform expands TRIMEDXs industry-leading comprehensive clinical asset management solution

INDIANAPOLIS--(BUSINESS WIRE)--TRIMEDX, an industry-leading provider of clinical engineering, medical device cybersecurity and clinical asset management solutions to healthcare providers, announced the acquisition of Centurion Service Group, a full-service surplus medical equipment management company, to expand its Clinical Asset Management offering. The added capabilities of Centurion will allow TRIMEDX clients to gain maximum value from their excess medical equipment through Centurion auction services, positively impacting operational expenses, maximizing resources to improve patient care and optimizing clinical asset capital spend while also supporting environmental sustainability of dispositioned medical equipment. TRIMEDXs acquisition of Centurion Service Group will enhance TRIMEDXs clinical asset management and informatics solutions, which currently include clinical asset benchmarks and TRIMEDXs proprietary RUDR SCORE, by leveraging Centurions proprietary medical equipment pricing data and adding a marketplace that enables clients to identify assets available for reallocation across all their sites of care or to ultimately sell excess medical equipment through an integrated e-commerce platform. COVID-19 has accelerated changes for our healthcare providers. They are adopting new models of care and increasingly need innovative partners that can adapt to support the needs of their business today and support future plans across all of their sites of care, said TRIMEDX CEO Henry Hummel. With the addition of Centurion, TRIMEDX clients can maximize the value they receive for excess medical equipment through worldwide auctionsfreeing up space for immediate-need equipmentwhile Centurion clients will benefit from access to increased inventories of high-quality equipment and the trusted stamp of quality associated with TRIMEDX maintained medical equipment. Our primary objective has always been to build a comprehensive, provider-centric medical equipment model, said Centurion Service Group CEO Erik Tivin. By joining forces with TRIMEDX, we continue to push this goal forward while effectively transforming the opportunities available across the industry and enabling Centurion to offer our current clients a broader set of value-added services, including an end-to-end ecosystem with greater inventory of high-quality, pre-owned medical equipment. Centurion Service Group will operate as a subsidiary of TRIMEDX, continuing the services, commercial offerings, and cadence of auctions that clients experience today. TripleTree LLC served as exclusive financial advisor to Centurion in the transaction. To learn more about TRIMEDX and its offerings, visit trimedx.com. To learn more about Centurion Service Group, visit centurionservice.com. About TRIMEDX TRIMEDX is defining total clinical asset management for the healthcare industry. As a leading independent technology-enabled clinical asset management company, TRIMEDX provides strategic planning and management of clinical assets to unlock operational cost savings, free up capital for new strategic initiatives and deliver improved risk management and cyber protection. TRIMEDX was built by providers, for providers, and leverages a history of expert clinical engineering to manage over $30 billion in clinical assets across thousands of healthcare locations. About Centurion Service Group Centurion Service Group is a leading medical equipment lifecycle company, partnering with hospitals and surgery centers to unlock and extend the value of their surplus medical equipment. Centurion provides a hassle-free, full-cycle, service-focused solution, working with hospitals and other healthcare facilities to create strategies for surplus equipment liquidation; to pick up, transport, warehouse and sell surplus devices; and to maximize the value of surplus equipment by turning it into new equipment, refurbished equipment or essential services. Centurion operates surplus medical equipment auction house and provides complete medical equipment surplus management for healthcare facilities, including certified appraisals, trade-in value verification, asset and facility inventories, relocations, and closures.

edtsum467

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 21, 2021 /PRNewswire/ -- Vista Realty Partners ("VISTA"), the leading Atlanta-based real estate investment company, has appointed two regional partners to its expanding leadership team. The announcement marks the first phase of the group's Southeast expansion plan, with additional regions on the horizon. Brett Gelsomino Michael Neyhart Brett Gelsomino, formerly of ZOM, has partnered with VISTA founder & CEO Eduard de Guardiola, to open a new office in Florida. Gelsomino will oversee all operations of VISTA's new Florida office, including site selection, design, financing, development and construction management, asset management, and ultimately disposition throughout the State. Throughout his career, Brett has developed over 2,500 multifamily and senior living units across multiple markets, at a cost value of over $1 billion. "VISTA is fortunate to bring on as a new regional partner for Florida, someone as experienced and knowledgeable about the Florida multifamily market as Brett Gelsomino. Brett's expertise will position VISTA to quickly establish itself as a successful development firm in this fast-growing State." Eduard de Guardiola, Founder & CEO of Vista Realty Partners.Michael Neyhart, former Director of Investments at VISTA has been promoted to Managing Director & Regional Partner. In his new role, Neyhart will oversee all operations of VISTA'S Multi-Family platform in the Atlanta office. Michael's responsibilities will include site selection, architectural and engineering design, development, construction management, finance, asset management and disposition throughout the Georgia & Alabama region. During his tenure at VISTA, Michael has played a central role in the acquisition and development of over 4,500 units, with a total capitalization exceeding $600 million."For the past eight years, Michael has worked side-by-side with me as we have successfully executed over 20 multi-family projects in Atlanta. He is a proven and skilled developer, rightly poised to assume his new leadership role." - Eduard de GuardiolaAbout VistaFounded in 2000, Vista is an Atlanta-based real estate investment company specializing in the operation and development of rental and for-sale multifamily housing throughout the Southeast. Vista's portfolio includes over 60 properties, totaling almost 13,000 units and over $1.4 billion in value. The company is currently focused on ground-up developments, but has extensive experience in acquiring assets at discounts to replacement that offer the opportunity to increase yields through the execution of a value-creation strategy. For additional information visitwww.vistarp.comContact: Jessica Adams Phone: 561.317.7512Email: [emailprotected]SOURCE Vista Realty Partners Related Links http://www.vistarp.com/ Answer:

Vista Realty Partners Names New Regional Partners Executive Positions Mark the Formation of Expanding Leadership Team

ATLANTA, April 21, 2021 /PRNewswire/ -- Vista Realty Partners ("VISTA"), the leading Atlanta-based real estate investment company, has appointed two regional partners to its expanding leadership team. The announcement marks the first phase of the group's Southeast expansion plan, with additional regions on the horizon. Brett Gelsomino Michael Neyhart Brett Gelsomino, formerly of ZOM, has partnered with VISTA founder & CEO Eduard de Guardiola, to open a new office in Florida. Gelsomino will oversee all operations of VISTA's new Florida office, including site selection, design, financing, development and construction management, asset management, and ultimately disposition throughout the State. Throughout his career, Brett has developed over 2,500 multifamily and senior living units across multiple markets, at a cost value of over $1 billion. "VISTA is fortunate to bring on as a new regional partner for Florida, someone as experienced and knowledgeable about the Florida multifamily market as Brett Gelsomino. Brett's expertise will position VISTA to quickly establish itself as a successful development firm in this fast-growing State." Eduard de Guardiola, Founder & CEO of Vista Realty Partners.Michael Neyhart, former Director of Investments at VISTA has been promoted to Managing Director & Regional Partner. In his new role, Neyhart will oversee all operations of VISTA'S Multi-Family platform in the Atlanta office. Michael's responsibilities will include site selection, architectural and engineering design, development, construction management, finance, asset management and disposition throughout the Georgia & Alabama region. During his tenure at VISTA, Michael has played a central role in the acquisition and development of over 4,500 units, with a total capitalization exceeding $600 million."For the past eight years, Michael has worked side-by-side with me as we have successfully executed over 20 multi-family projects in Atlanta. He is a proven and skilled developer, rightly poised to assume his new leadership role." - Eduard de GuardiolaAbout VistaFounded in 2000, Vista is an Atlanta-based real estate investment company specializing in the operation and development of rental and for-sale multifamily housing throughout the Southeast. Vista's portfolio includes over 60 properties, totaling almost 13,000 units and over $1.4 billion in value. The company is currently focused on ground-up developments, but has extensive experience in acquiring assets at discounts to replacement that offer the opportunity to increase yields through the execution of a value-creation strategy. For additional information visitwww.vistarp.comContact: Jessica Adams Phone: 561.317.7512Email: [emailprotected]SOURCE Vista Realty Partners Related Links http://www.vistarp.com/

edtsum468

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, March 23, 2020 /PRNewswire/ --The American Association of Kidney Patients (AAKP) deployed a sophisticated, virtual campaign today aimed at pushing the U.S. Congress to act immediately on pending Coronavirus emergency response legislation to protect the health of all citizens; provide urgent assistance to workers and employers; and to inject a strategic stimulus into the national economy. Since 1969, AAKP has served as the independent voice of kidney patients; families; and those professionals who help kidney patients manage chronic kidney disease (CKD), dialysis and kidney transplants through immunosuppression therapy. Over 33% of Americans, 80 million people, are at-risk of kidney disease. Over 37 million have already been impacted by the disease. Kidney patients raise virtual voice, tell Congress act on Coronavirus bill Richard Knight, AAKP President and a 14-year kidney transplant recipient stated, "As citizens, kidney patients are sending a clear, bipartisan message to the U.S. Congress that every American, especially those with underlying health conditions, expects Congress to address this national emergency immediately and with consensus. Coronavirus has changed the everyday behavior of all Americans and we expect Congress to take heed, change their own behavior, drop partisan bickering, and produce a result for the American people." Knight is a small business consultant; former Congressional staffer and liaison to the Congressional Black Caucus; and is involved in numerous precision medicine and medical innovation efforts involving the Federal government, the private sector, and broad-based national coalitions serving high-risk patients of all disease types. Anyone interested in sending their own message to the Congress to act on the Coronavirus and in support of kidney patients and others considered at a high-risk for contracting the virus can go to the AAKP Action Center (click here). Paul T. Conway, AAKP Chair of Policy and Global Affairs, a 23-year kidney transplant recipient stated, "The Coronavirus pandemic has caused unprecedented health and economic instability in the lives of every American, especially among patients and families who bravely manage the complexities of chronic diseases on a daily basis. Congressional inaction and partisan in-fighting during a national emergency is never acceptable. AAKP will utilize every virtual and social media technology at our disposal to respectfully prompt Congress to act with a sense of urgency to further defend public health; American workers and their employers; and our national economy." Conway is a former Chief of Staff of the United States Department of Labor and a former agency Chief of Staff at the Department of Homeland Security. He serves as the AAKP liaison to the Federal Health Infection Control Practices Advisory Committee, (HICPAC), a Federal Advisory Committee appointed to provide advice and guidance to the Centers for Disease Control and Prevention (CDC) and Department of Health and Human Services (HHS) regarding the practice of infection control and strategies for surveillance, prevention, and control of healthcare-associated infections, antimicrobial resistance, and related events in healthcare settings. AAKP virtual platforms and social networks are nationally and internationally known for their reach and impact. In 2019, AAKP, in collaboration with the George Washington University School of Medicine and Health Sciences, utilized its virtual capacities to livestream the Inaugural Global Summit on Kidney Disease Innovations, engaging over 10,000 kidney patients, health system administrators, and medical experts in over 50 countries. Since 2018, AAKP has conducted the largest virtual kidney voter registration drive in the nation, the "I am a Kidney Voter" campaign, which has registered kidney health consumers in every state. AAKP has organized The Decade of the Kidney to mark the begging of an era that will be remembered for patient consumer choice; kidney precision medicine; greater access to kidney transplantation and less organ discards; the first artificial implantable kidney; and a departure from the default status quo, burdensome and highly antiquated in-center kidney dialysis care. AAKP marks the start of the decade with President Trump's July 2019 signing of the bipartisan Executive Order on Advancing American Kidney Health, a kidney policy achievement whose underlying principles of true consumer choice and free market health care are foundational principles to AAKP.For more information about AAKP's educational and advocacy programs, visit www.aakp.organd www.aakp.org/center-for-patient-engagement-and-advocacy/action-center/. Follow AAKP on social media via Facebook: @kidneypatient; Twitter and Instagram: @kidneypatients.FOR MORE Information:Deborah PelaezMarketing and Communications Manager(813) 400-2394[emailprotected]SOURCE American Association of Kidney Patients Related Links http://www.aakp.org Answer:

Kidney Patients Demand Congress Pass Bipartisan Coronavirus Bill ASAP!

WASHINGTON, March 23, 2020 /PRNewswire/ --The American Association of Kidney Patients (AAKP) deployed a sophisticated, virtual campaign today aimed at pushing the U.S. Congress to act immediately on pending Coronavirus emergency response legislation to protect the health of all citizens; provide urgent assistance to workers and employers; and to inject a strategic stimulus into the national economy. Since 1969, AAKP has served as the independent voice of kidney patients; families; and those professionals who help kidney patients manage chronic kidney disease (CKD), dialysis and kidney transplants through immunosuppression therapy. Over 33% of Americans, 80 million people, are at-risk of kidney disease. Over 37 million have already been impacted by the disease. Kidney patients raise virtual voice, tell Congress act on Coronavirus bill Richard Knight, AAKP President and a 14-year kidney transplant recipient stated, "As citizens, kidney patients are sending a clear, bipartisan message to the U.S. Congress that every American, especially those with underlying health conditions, expects Congress to address this national emergency immediately and with consensus. Coronavirus has changed the everyday behavior of all Americans and we expect Congress to take heed, change their own behavior, drop partisan bickering, and produce a result for the American people." Knight is a small business consultant; former Congressional staffer and liaison to the Congressional Black Caucus; and is involved in numerous precision medicine and medical innovation efforts involving the Federal government, the private sector, and broad-based national coalitions serving high-risk patients of all disease types. Anyone interested in sending their own message to the Congress to act on the Coronavirus and in support of kidney patients and others considered at a high-risk for contracting the virus can go to the AAKP Action Center (click here). Paul T. Conway, AAKP Chair of Policy and Global Affairs, a 23-year kidney transplant recipient stated, "The Coronavirus pandemic has caused unprecedented health and economic instability in the lives of every American, especially among patients and families who bravely manage the complexities of chronic diseases on a daily basis. Congressional inaction and partisan in-fighting during a national emergency is never acceptable. AAKP will utilize every virtual and social media technology at our disposal to respectfully prompt Congress to act with a sense of urgency to further defend public health; American workers and their employers; and our national economy." Conway is a former Chief of Staff of the United States Department of Labor and a former agency Chief of Staff at the Department of Homeland Security. He serves as the AAKP liaison to the Federal Health Infection Control Practices Advisory Committee, (HICPAC), a Federal Advisory Committee appointed to provide advice and guidance to the Centers for Disease Control and Prevention (CDC) and Department of Health and Human Services (HHS) regarding the practice of infection control and strategies for surveillance, prevention, and control of healthcare-associated infections, antimicrobial resistance, and related events in healthcare settings. AAKP virtual platforms and social networks are nationally and internationally known for their reach and impact. In 2019, AAKP, in collaboration with the George Washington University School of Medicine and Health Sciences, utilized its virtual capacities to livestream the Inaugural Global Summit on Kidney Disease Innovations, engaging over 10,000 kidney patients, health system administrators, and medical experts in over 50 countries. Since 2018, AAKP has conducted the largest virtual kidney voter registration drive in the nation, the "I am a Kidney Voter" campaign, which has registered kidney health consumers in every state. AAKP has organized The Decade of the Kidney to mark the begging of an era that will be remembered for patient consumer choice; kidney precision medicine; greater access to kidney transplantation and less organ discards; the first artificial implantable kidney; and a departure from the default status quo, burdensome and highly antiquated in-center kidney dialysis care. AAKP marks the start of the decade with President Trump's July 2019 signing of the bipartisan Executive Order on Advancing American Kidney Health, a kidney policy achievement whose underlying principles of true consumer choice and free market health care are foundational principles to AAKP.For more information about AAKP's educational and advocacy programs, visit www.aakp.organd www.aakp.org/center-for-patient-engagement-and-advocacy/action-center/. Follow AAKP on social media via Facebook: @kidneypatient; Twitter and Instagram: @kidneypatients.FOR MORE Information:Deborah PelaezMarketing and Communications Manager(813) 400-2394[emailprotected]SOURCE American Association of Kidney Patients Related Links http://www.aakp.org

edtsum469

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: SOMERVILLE, Mass. and HOUSTON, April 22, 2021 /PRNewswire/ --Exactly one year after releasing its first-ever Climate Action Plan, today the City of Houston is ushering in a new chapter for the energy transition with the official opening of Greentown Labs Houston, the city's first-ever climatetech startup incubator. At a celebratory event alongside Houston Mayor Sylvester Turner, the Greater Houston Partnership, and energy leaders from around the region, Greentown Houston today will open its incubator facility, introduce its 30 inaugural startup member companies, and announce the newest additions to its growing network of partners, including bp, Mitsubishi Corporation (Americas), Intel Corporation, Mitsubishi Heavy Industries, White Deer Energy, Ara Partners, and Bechtel Corporation. In light of COVID-19, Greentown Houston is restricting in-person attendance at the Grand Opening but interested parties can view the livestream of the event here. Greentown Labs Opens its Houston Incubator on Earth Day 2021the city's first climatetech startup incubator Tweet this Located at 4200 San Jacinto St. in the innovation district being developed by Rice Management Company, Greentown Houston provides more than 40,000 sq. ft. of prototyping lab, office, and event space for its growing community of startup companies with room for about 300 employees. This is Greentown Labs' second location and first expansion outside of Massachusetts, and will serve as an on-the-ground catalyst for the energy transition in Houston. Greentown Houston will bring together civic and business leaders, entrepreneurs, students, and other stakeholders who have already begun the transition and raise awareness of the opportunity for those who have yet to engage."This is a tremendous, tangible milestone not only for Greentown Labs but also for the City of Houston and the energy transition," said Dr. Emily Reichert, CEO of Greentown Labs. "Five years ago, climate change wasn't a topic among many conversations in Houston. Things have changed. Today, we are so proud to open our second-ever location in the energy capital of the world and we're eager to accelerate the energy transition over the next 10 years. Houston is buzzing with incredible climatetech startups, world-leading energy organizations, and a thriving investment community. At Greentown Houston, we aim to bring the ecosystem together and collaborate toward our decarbonized future."Greentown Houston has received an incredibly warm welcome from the Houston energy innovation community since it announced its expansion plans in June 2020. Thanks to Mayor Sylvester Turner's leadership, Houston has doubled down on its efforts to lead the global energy transition and Greentown Houston is eager to partner with the city on these activities. Mayor Turner chairs Climate Mayors, a bipartisan network of almost 450 U.S. mayors demonstrating leadership on climate action."There's no better way to celebrate the first anniversary of the Houston Climate Action Plan than to open Greentown Labs Houston," said Mayor Sylvester Turner. "Attracting and nurturing the next generation of energy companies is a critical piece of our city's ambition to lead the global energy transition. The Climate Action Plan calls for creating 50 Energy 2.0 companies, and thanks to Greentown Labs, we are already halfway there. We are grateful for Greentown Labs and their partners for helping Houston meet our climate goals and become the energy capital of the future."Greentown Houston is a proud member of the Greater Houston Partnership (GHP) and is actively involved in the organization's economic development efforts to help Houston lead the global energy transition. GHP was an early champion and advocate for Greentown Houston and has played a critical role in helping bring it to fruition. "We are thrilled Greentown Labs Houston has officially opened its doors in the Energy Capital of the World, further positioning Houston as the leader of the global energy transition," said Bob Harvey, President and CEO of the Greater Houston Partnership. "Today is a major milestone in Houston's broader efforts to build a more efficient and more sustainable low-carbon future. Greentown Labs and its members are a critical part of that effort, and I look forward to the collaborations and partnerships they'll form with other key players in Houston's energy community in the years to come."Rice Management Company(RMC) is responsible for stewardship of Rice University's endowment, and has been a supportive partner of Greentown Houston since its team first began searching for the right location for the incubator. Rice University serves its mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor."Rice University enthusiastically welcomes Greentown Labs to Houston and the Ion District," said David Leebron, President of Rice University. "Rice University is committed to helping empower the city's innovation and entrepreneurial efforts, and we're eager to foster a strong partnership between our recently launched Clean Energy Accelerator and Greentown Houston. We're confident Houston's growing climatetech innovation ecosystem will help accelerate the city's leading role in the energy transition." Accelerating the energy transition with partnership and collaborationGreentown Houston is made possible by a network of civic and business leaders that represent a broad community of energy organizations, renewable energy experts, and organizations committed to supporting and growing the ecosystem of early-stage climate and climatetech startups.Chevron, a longtime partner of Greentown Labs, has made public commitments to help enable the energy transition and was an early advocate of Greentown Labs' expansion to Houston."Houston is home to Chevron's largest employee base in the world, and we are committed to sustaining the region as the energy capital of the world and establishing Houston as the energy transitioncapital of the world," said Barbara Burger, Vice President of Innovation and President of Technology Ventures at Chevron. "As a longtime partner of Greentown Labs in Boston, we were excited to be the first Founding Partner of Greentown Labs Houston and to work with the Greentown community as we support the development of innovation solutions to enable more affordable, reliable, and ever-cleaner energy for all."Shell, a Greentown Labs partner since 2013, is an active participant and thought leader in the energy transition and has announced its intentions to become a net-zero emissions energy company by 2050. "At Shell, we see the energy transition as a collaborative effort that requires innovation, investment, and partnership across sectors, industries, and society. Shell is proud to be a Founding Partner of Greentown Labs Houston," said Gretchen Watkins, President of Shell Oil Company. "We are excited to support Greentown's entrepreneurs and startup companies and to work together to foster a sustainable, progressive ecosystem in the energy capital of the world." NRG Energy, Inc., aFortune 500 company, brings the power of energy to millions of customers across the U.S. and Canada, including 100 percent renewable power to the City of Houston, and has supported Greentown Labs' expansion to Houston from the beginning. Reliant, an NRG company, is one of the largest electricity providers in Texas and is trusted to deliver innovative and reliable energy solutions to residents and businesses across the state."As we collectively work to create a more sustainable future and ensure Houston remains the Energy Capital of the World while becoming the Energy Transition Capital of the World, NRG and Reliant are thrilled to officially welcome Greentown Labs to Houston," said Elizabeth Killinger, Executive Vice President, NRG Home; President, Reliant; and Chair, Greater Houston Partnership Energy 2.0 Committee. "As a Founding Partner of Greentown Labs Houston, we're eager to support and encourage the innovations that will launch through this thriving startup community."Microsoftenables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. A Greentown Labs partner since 2020, Microsoft has put a powerful set of climate commitments into motion, including making its energy supply 100 percent renewable for all its operations by 2025, becoming carbon negative by 2030, removing its historical carbon emissions by 2050, and establishing a $1 billion Climate Innovation Fund."The innovation to come from Greentown Labs Houston will be pivotal in creating new ways to advance our clean energy goals," said Darry Willis, Corporate Vice President, Energy Industry, Microsoft. "At Microsoft, accelerating the transition to a global, net-zero future is a top priority and I'm very encouraged by the work we, our partners, and participating energy organizations are driving."BHP, a Founding Partner of Greentown Labs, is a leading global resources organization with operations in mining and oil and gas. BHP has been active in addressing climate risks for more than two decades and is committed to continuing to reduce emissions in their operations and to their goal of achieving net-zero operational emissions by 2050. BHP's climate action plan also includes a $400 million Climate Investment Program to develop technologies to reduce emissions from its own operations and those from the use of its resources."We have long recognized the importance of taking action to reduce emissions across our full value chain, which requires collaboration with others and innovative partnerships to meet our goals," said Tim Ong, Head of Innovation at BHP Petroleum. "We're proud to partner with Greentown Labs and to be a part of this cleantech community as we collectively explore inventive solutions for the energy transition."Saint-Gobain, which operates in 70 countries, is one of the world's largest building materials companies focused on design, manufacturing, and distribution of materials and solutions that are key ingredients in the wellbeing and future of all. A committed Greentown Labs partner since 2014, Saint-Gobain was integral to the opening of Greentown Labs' headquarters, donating over $1 million worth of products and becoming the presenting partner of the building's event space. "As a Founding Partner for Greentown Houston, Saint-Gobain congratulates Greentown Labs on their grand opening in Houston," said Minas Apelian, Vice President, Internal and External Venturing, Saint-Gobain. "We are excited to engage with entrepreneurs in Houston who are developing climate innovations and technology to make our world a better home. It's also wonderful to see how our donated, sustainable building materials helped transform Greentown Houston by providing better indoor air quality, thermal efficiency, and improved acoustical experiences."This Earth Day, Greentown Houston is proud to announce its seven newest partners that are actively participating in and supporting the energy transition. bp's purpose is to reimagine energy for people and the planet. bp has set an ambition to be a net-zero company by 2050 or sooner, and help the world get to net-zero, and last year bp announced its strategy for delivering on that ambition. Partnering with countries, cities, and corporations to provide innovative energy, mobility, and decarbonization solutions as they shape their paths to net-zero is a core part of bp's long-term strategy. bp serves as the City of Houston's strategic and technical planning advisor on the Climate Action Plan, bringing expertise across the energy spectrum to help the city build a more sustainable and resilient future. "bp is thrilled to partner with Greentown Labs," said Al Vickers, CEO of bp Wind Energy. "This is an important step in making Houston not only a hub for new cleantech innovation, but a leader in the global energy transition. Projects like Greentown Labs underscore our commitment to helping the City of Houston advance its Climate Action Plan and get to net-zero emissions by 2050 or sooner. As an incoming member of the Advisory Board, I welcome Greentown Labs to the Energy Capital of the Worldand look forward to getting to work."Mitsubishi Corporation (Americas)("MCA"), a wholly owned subsidiary of Mitsubishi Corporation (MC), is a global integrated business enterprise with 10 business groups that operate across virtually every industry. These include natural gas, industrial materials, petroleum & chemicals, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution, and urban development. MC's business strategy involves leveraging its knowledge of industries and markets around the world to create new, sustainable businesses."We see Greentown Labs Houston playing a major role in accelerating our efforts to advance technologies that will help reduce greenhouse gas emissions and drive the transition to a low-carbon society," said Minoru Aizawa, Senior Vice President and General Manager of MCA's Houston Branch. "Our company recognizes the importance of staying attuned to changes within the global environment and society, and we aim to generate societal and environmental value by addressing key sustainability issues through our business activities."Intel Corporationis an industry leader, creating world-changing technology that enables global progress and enriches lives. As the largest U.S.-owned semiconductor manufacturer, Intel aims to achieve 100 percent renewable energy use across its global manufacturing operations by 2030. "Intel is proud to support Greentown Houston and we are looking forward to all that the startup member companies will accomplish," said Werner Schaefer, Intel Vice President, General Manager of Network & Communications Sales, Intel Houston Site Leader. "Shared corporate responsibility is key for usour world is facing challenges that are too big to be tackled alone. As we develop world-changing technology that enriches the lives of every person on Earth, we will offer our technical expertise to help the passionate and innovative startups build a healthier planet by leveraging the power of data." Mitsubishi Heavy Industries(MHI) is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace, and defense. MHI combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon-neutral world, improve the quality of life, and ensure a safer world. "Identifying the most promising technologies and bringing them to scale is critical as we look down the path to decarbonization," said Ricky Sakai, Vice President of New Business Development for Mitsubishi Heavy Industries America. "We are excited to partner with Greentown Labs and look forward to the collaboration between various stakeholders to advance climatetech innovations."White Deer Energyinvests in energy and industrial service and equipment companies and midstream infrastructure, and targets businesses that are embracing the rapidly evolving energy transition landscape. The firm targets equity investments of $25 to $100 million, principally in North America with control or co-control. White Deer seeks to provide capital to companies with strong management teams and significant growth potential. The firm works closely with management to pursue continual operational improvement and drive organic growth as well as growth through acquisitions. Since its founding in 2008, White Deer has raised capital in excess of $2.7 billion."Houston has long been the oil and gas capital of the world, but it is important to transition that title to the energy capital of the world," said Joe Bob Edwards, a Managing Partner of White Deer Energy. "With the opening of Greentown Labs in our great city, we are well on our way to effecting that transition. One of White Deer's visions is to encourage the collaboration between oil and gas companies and new energy companies to create a more sustainable world that has access to reliable and clean energy. That vision becomes infinitely more attainable with the right partnerships. We are excited and honored to support Greentown Labs and look forward to working with them and their other partners."Ara Partnersis a global private equity firm building companies that are decarbonizing the economy in immediate and tangible ways. Ara Partners invests in the industrial & manufacturing, chemicals & materials, energy efficiency & green fuels, and food & agriculture sectors, seeking to build businesses that are focused on sustainability and ESG principles."We are excited to welcome Greentown Labs to Houston," said Troy Thacker, Managing Partner of Ara Partners. "The journey to net-zero emissions requires the best and brightest entrepreneurs, engineers, and business builders. We are working hard to be part of the solution, alongside Greentown Labs, that will harness the talent, enthusiasm, and spirit of Houston to make progress for our city and the world." Bechtel Corporationis a trusted engineering, construction, and project management partner to industry and government. Since 1898, Bechtel has helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs; grown economies; improved the resiliency of the world's infrastructure; increased access to energy, resources, and vital services; and made the world a safer, cleaner place. "Our customers in the energy sector are key to the successful transition to a lower-carbon future and we have a fundamentally important role in supporting them to reach their global emission-reduction targets," said Paul Marsden, President of Bechtel Oil, Gas and Chemicals. "It's through collaboration with our customers and partnerships with next-generation innovators like Greentown Labs that we are able to find solutions to the environmental challenges that we're facing so that we can shape the future of energy."These seven new partners join an impressive group of corporates that are committed to climate action. Since announcing its expansion to Houston in 2020, Greentown Labs has welcomed 17 Houston Founding Partners: Chevron, NRG Energyand Reliant Energy, Shell, BHP, Vinson & Elkins, Microsoft, ENGIE North America Inc., Rice Management Company,Saint-Gobain, Sunnova Energy International Inc., The American Family Insurance Institute for Corporate and Social Impact, SCF Partners, Tudor, Pickering, Holt & Co., Direct Energy,CenterPoint Energy, Gexa Energy, andWells Fargo. Greentown Labs also announced its four Grand Opening Partners, including Naturgy, FCC Environmental Services (FCC),EIV Capital, and Williams. Greentown Houston is actively welcoming new startup members to its incubator. To learn more about Greentown Houston, visit www.greentownlabs.comor attend the virtual Grand Opening celebration with Mayor Turner on April 22 at 2:00 p.m. CT / 3:00 p.m. ET. Tune in hereto view the livestream. About Greentown Labs Greentown Labs is a community of climate action pioneers working to design a more sustainable world. As the largest climatetech startup incubator in North America, Greentown Labs brings together startups, corporates, investors, policymakers, and many others with a focus on scaling climate solutions. Driven by the mission of providing startups the resources, knowledge, connections, and equipment they need to thrive, Greentown Labs offers lab space, shared office space, a machine shop, an electronics lab, software and business resources, and a large network of corporate customers, investors, and more. With its headquarters in Somerville, Mass. and a recently opened incubator in Houston, Texas, Greentown Labs is home to more than 140 startups and has supported more than 330 startups since the incubator's founding in 2011. These startups have collectively created more than 6,500 direct jobs and have raised more than $1.2 billion in funding. For more information, please visit www.greentownlabs.com or Twitter,Facebook, andLinkedIn.Greentown Labs Media Contact: Julia Travaglini VP of Marketing & Communications[emailprotected]603-867-3657SOURCE Greentown Labs Related Links www.greentownlabs.org Answer:

Greentown Labs Opens its Houston Incubator on Earth Day Houston's first-ever climate tech incubator hosts its outdoor, hybrid Grand Opening event and ribbon cutting ceremony featuring Houston Mayor Turner and other regional energy leaders

SOMERVILLE, Mass. and HOUSTON, April 22, 2021 /PRNewswire/ --Exactly one year after releasing its first-ever Climate Action Plan, today the City of Houston is ushering in a new chapter for the energy transition with the official opening of Greentown Labs Houston, the city's first-ever climatetech startup incubator. At a celebratory event alongside Houston Mayor Sylvester Turner, the Greater Houston Partnership, and energy leaders from around the region, Greentown Houston today will open its incubator facility, introduce its 30 inaugural startup member companies, and announce the newest additions to its growing network of partners, including bp, Mitsubishi Corporation (Americas), Intel Corporation, Mitsubishi Heavy Industries, White Deer Energy, Ara Partners, and Bechtel Corporation. In light of COVID-19, Greentown Houston is restricting in-person attendance at the Grand Opening but interested parties can view the livestream of the event here. Greentown Labs Opens its Houston Incubator on Earth Day 2021the city's first climatetech startup incubator Tweet this Located at 4200 San Jacinto St. in the innovation district being developed by Rice Management Company, Greentown Houston provides more than 40,000 sq. ft. of prototyping lab, office, and event space for its growing community of startup companies with room for about 300 employees. This is Greentown Labs' second location and first expansion outside of Massachusetts, and will serve as an on-the-ground catalyst for the energy transition in Houston. Greentown Houston will bring together civic and business leaders, entrepreneurs, students, and other stakeholders who have already begun the transition and raise awareness of the opportunity for those who have yet to engage."This is a tremendous, tangible milestone not only for Greentown Labs but also for the City of Houston and the energy transition," said Dr. Emily Reichert, CEO of Greentown Labs. "Five years ago, climate change wasn't a topic among many conversations in Houston. Things have changed. Today, we are so proud to open our second-ever location in the energy capital of the world and we're eager to accelerate the energy transition over the next 10 years. Houston is buzzing with incredible climatetech startups, world-leading energy organizations, and a thriving investment community. At Greentown Houston, we aim to bring the ecosystem together and collaborate toward our decarbonized future."Greentown Houston has received an incredibly warm welcome from the Houston energy innovation community since it announced its expansion plans in June 2020. Thanks to Mayor Sylvester Turner's leadership, Houston has doubled down on its efforts to lead the global energy transition and Greentown Houston is eager to partner with the city on these activities. Mayor Turner chairs Climate Mayors, a bipartisan network of almost 450 U.S. mayors demonstrating leadership on climate action."There's no better way to celebrate the first anniversary of the Houston Climate Action Plan than to open Greentown Labs Houston," said Mayor Sylvester Turner. "Attracting and nurturing the next generation of energy companies is a critical piece of our city's ambition to lead the global energy transition. The Climate Action Plan calls for creating 50 Energy 2.0 companies, and thanks to Greentown Labs, we are already halfway there. We are grateful for Greentown Labs and their partners for helping Houston meet our climate goals and become the energy capital of the future."Greentown Houston is a proud member of the Greater Houston Partnership (GHP) and is actively involved in the organization's economic development efforts to help Houston lead the global energy transition. GHP was an early champion and advocate for Greentown Houston and has played a critical role in helping bring it to fruition. "We are thrilled Greentown Labs Houston has officially opened its doors in the Energy Capital of the World, further positioning Houston as the leader of the global energy transition," said Bob Harvey, President and CEO of the Greater Houston Partnership. "Today is a major milestone in Houston's broader efforts to build a more efficient and more sustainable low-carbon future. Greentown Labs and its members are a critical part of that effort, and I look forward to the collaborations and partnerships they'll form with other key players in Houston's energy community in the years to come."Rice Management Company(RMC) is responsible for stewardship of Rice University's endowment, and has been a supportive partner of Greentown Houston since its team first began searching for the right location for the incubator. Rice University serves its mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor."Rice University enthusiastically welcomes Greentown Labs to Houston and the Ion District," said David Leebron, President of Rice University. "Rice University is committed to helping empower the city's innovation and entrepreneurial efforts, and we're eager to foster a strong partnership between our recently launched Clean Energy Accelerator and Greentown Houston. We're confident Houston's growing climatetech innovation ecosystem will help accelerate the city's leading role in the energy transition." Accelerating the energy transition with partnership and collaborationGreentown Houston is made possible by a network of civic and business leaders that represent a broad community of energy organizations, renewable energy experts, and organizations committed to supporting and growing the ecosystem of early-stage climate and climatetech startups.Chevron, a longtime partner of Greentown Labs, has made public commitments to help enable the energy transition and was an early advocate of Greentown Labs' expansion to Houston."Houston is home to Chevron's largest employee base in the world, and we are committed to sustaining the region as the energy capital of the world and establishing Houston as the energy transitioncapital of the world," said Barbara Burger, Vice President of Innovation and President of Technology Ventures at Chevron. "As a longtime partner of Greentown Labs in Boston, we were excited to be the first Founding Partner of Greentown Labs Houston and to work with the Greentown community as we support the development of innovation solutions to enable more affordable, reliable, and ever-cleaner energy for all."Shell, a Greentown Labs partner since 2013, is an active participant and thought leader in the energy transition and has announced its intentions to become a net-zero emissions energy company by 2050. "At Shell, we see the energy transition as a collaborative effort that requires innovation, investment, and partnership across sectors, industries, and society. Shell is proud to be a Founding Partner of Greentown Labs Houston," said Gretchen Watkins, President of Shell Oil Company. "We are excited to support Greentown's entrepreneurs and startup companies and to work together to foster a sustainable, progressive ecosystem in the energy capital of the world." NRG Energy, Inc., aFortune 500 company, brings the power of energy to millions of customers across the U.S. and Canada, including 100 percent renewable power to the City of Houston, and has supported Greentown Labs' expansion to Houston from the beginning. Reliant, an NRG company, is one of the largest electricity providers in Texas and is trusted to deliver innovative and reliable energy solutions to residents and businesses across the state."As we collectively work to create a more sustainable future and ensure Houston remains the Energy Capital of the World while becoming the Energy Transition Capital of the World, NRG and Reliant are thrilled to officially welcome Greentown Labs to Houston," said Elizabeth Killinger, Executive Vice President, NRG Home; President, Reliant; and Chair, Greater Houston Partnership Energy 2.0 Committee. "As a Founding Partner of Greentown Labs Houston, we're eager to support and encourage the innovations that will launch through this thriving startup community."Microsoftenables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. A Greentown Labs partner since 2020, Microsoft has put a powerful set of climate commitments into motion, including making its energy supply 100 percent renewable for all its operations by 2025, becoming carbon negative by 2030, removing its historical carbon emissions by 2050, and establishing a $1 billion Climate Innovation Fund."The innovation to come from Greentown Labs Houston will be pivotal in creating new ways to advance our clean energy goals," said Darry Willis, Corporate Vice President, Energy Industry, Microsoft. "At Microsoft, accelerating the transition to a global, net-zero future is a top priority and I'm very encouraged by the work we, our partners, and participating energy organizations are driving."BHP, a Founding Partner of Greentown Labs, is a leading global resources organization with operations in mining and oil and gas. BHP has been active in addressing climate risks for more than two decades and is committed to continuing to reduce emissions in their operations and to their goal of achieving net-zero operational emissions by 2050. BHP's climate action plan also includes a $400 million Climate Investment Program to develop technologies to reduce emissions from its own operations and those from the use of its resources."We have long recognized the importance of taking action to reduce emissions across our full value chain, which requires collaboration with others and innovative partnerships to meet our goals," said Tim Ong, Head of Innovation at BHP Petroleum. "We're proud to partner with Greentown Labs and to be a part of this cleantech community as we collectively explore inventive solutions for the energy transition."Saint-Gobain, which operates in 70 countries, is one of the world's largest building materials companies focused on design, manufacturing, and distribution of materials and solutions that are key ingredients in the wellbeing and future of all. A committed Greentown Labs partner since 2014, Saint-Gobain was integral to the opening of Greentown Labs' headquarters, donating over $1 million worth of products and becoming the presenting partner of the building's event space. "As a Founding Partner for Greentown Houston, Saint-Gobain congratulates Greentown Labs on their grand opening in Houston," said Minas Apelian, Vice President, Internal and External Venturing, Saint-Gobain. "We are excited to engage with entrepreneurs in Houston who are developing climate innovations and technology to make our world a better home. It's also wonderful to see how our donated, sustainable building materials helped transform Greentown Houston by providing better indoor air quality, thermal efficiency, and improved acoustical experiences."This Earth Day, Greentown Houston is proud to announce its seven newest partners that are actively participating in and supporting the energy transition. bp's purpose is to reimagine energy for people and the planet. bp has set an ambition to be a net-zero company by 2050 or sooner, and help the world get to net-zero, and last year bp announced its strategy for delivering on that ambition. Partnering with countries, cities, and corporations to provide innovative energy, mobility, and decarbonization solutions as they shape their paths to net-zero is a core part of bp's long-term strategy. bp serves as the City of Houston's strategic and technical planning advisor on the Climate Action Plan, bringing expertise across the energy spectrum to help the city build a more sustainable and resilient future. "bp is thrilled to partner with Greentown Labs," said Al Vickers, CEO of bp Wind Energy. "This is an important step in making Houston not only a hub for new cleantech innovation, but a leader in the global energy transition. Projects like Greentown Labs underscore our commitment to helping the City of Houston advance its Climate Action Plan and get to net-zero emissions by 2050 or sooner. As an incoming member of the Advisory Board, I welcome Greentown Labs to the Energy Capital of the Worldand look forward to getting to work."Mitsubishi Corporation (Americas)("MCA"), a wholly owned subsidiary of Mitsubishi Corporation (MC), is a global integrated business enterprise with 10 business groups that operate across virtually every industry. These include natural gas, industrial materials, petroleum & chemicals, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution, and urban development. MC's business strategy involves leveraging its knowledge of industries and markets around the world to create new, sustainable businesses."We see Greentown Labs Houston playing a major role in accelerating our efforts to advance technologies that will help reduce greenhouse gas emissions and drive the transition to a low-carbon society," said Minoru Aizawa, Senior Vice President and General Manager of MCA's Houston Branch. "Our company recognizes the importance of staying attuned to changes within the global environment and society, and we aim to generate societal and environmental value by addressing key sustainability issues through our business activities."Intel Corporationis an industry leader, creating world-changing technology that enables global progress and enriches lives. As the largest U.S.-owned semiconductor manufacturer, Intel aims to achieve 100 percent renewable energy use across its global manufacturing operations by 2030. "Intel is proud to support Greentown Houston and we are looking forward to all that the startup member companies will accomplish," said Werner Schaefer, Intel Vice President, General Manager of Network & Communications Sales, Intel Houston Site Leader. "Shared corporate responsibility is key for usour world is facing challenges that are too big to be tackled alone. As we develop world-changing technology that enriches the lives of every person on Earth, we will offer our technical expertise to help the passionate and innovative startups build a healthier planet by leveraging the power of data." Mitsubishi Heavy Industries(MHI) is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace, and defense. MHI combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon-neutral world, improve the quality of life, and ensure a safer world. "Identifying the most promising technologies and bringing them to scale is critical as we look down the path to decarbonization," said Ricky Sakai, Vice President of New Business Development for Mitsubishi Heavy Industries America. "We are excited to partner with Greentown Labs and look forward to the collaboration between various stakeholders to advance climatetech innovations."White Deer Energyinvests in energy and industrial service and equipment companies and midstream infrastructure, and targets businesses that are embracing the rapidly evolving energy transition landscape. The firm targets equity investments of $25 to $100 million, principally in North America with control or co-control. White Deer seeks to provide capital to companies with strong management teams and significant growth potential. The firm works closely with management to pursue continual operational improvement and drive organic growth as well as growth through acquisitions. Since its founding in 2008, White Deer has raised capital in excess of $2.7 billion."Houston has long been the oil and gas capital of the world, but it is important to transition that title to the energy capital of the world," said Joe Bob Edwards, a Managing Partner of White Deer Energy. "With the opening of Greentown Labs in our great city, we are well on our way to effecting that transition. One of White Deer's visions is to encourage the collaboration between oil and gas companies and new energy companies to create a more sustainable world that has access to reliable and clean energy. That vision becomes infinitely more attainable with the right partnerships. We are excited and honored to support Greentown Labs and look forward to working with them and their other partners."Ara Partnersis a global private equity firm building companies that are decarbonizing the economy in immediate and tangible ways. Ara Partners invests in the industrial & manufacturing, chemicals & materials, energy efficiency & green fuels, and food & agriculture sectors, seeking to build businesses that are focused on sustainability and ESG principles."We are excited to welcome Greentown Labs to Houston," said Troy Thacker, Managing Partner of Ara Partners. "The journey to net-zero emissions requires the best and brightest entrepreneurs, engineers, and business builders. We are working hard to be part of the solution, alongside Greentown Labs, that will harness the talent, enthusiasm, and spirit of Houston to make progress for our city and the world." Bechtel Corporationis a trusted engineering, construction, and project management partner to industry and government. Since 1898, Bechtel has helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs; grown economies; improved the resiliency of the world's infrastructure; increased access to energy, resources, and vital services; and made the world a safer, cleaner place. "Our customers in the energy sector are key to the successful transition to a lower-carbon future and we have a fundamentally important role in supporting them to reach their global emission-reduction targets," said Paul Marsden, President of Bechtel Oil, Gas and Chemicals. "It's through collaboration with our customers and partnerships with next-generation innovators like Greentown Labs that we are able to find solutions to the environmental challenges that we're facing so that we can shape the future of energy."These seven new partners join an impressive group of corporates that are committed to climate action. Since announcing its expansion to Houston in 2020, Greentown Labs has welcomed 17 Houston Founding Partners: Chevron, NRG Energyand Reliant Energy, Shell, BHP, Vinson & Elkins, Microsoft, ENGIE North America Inc., Rice Management Company,Saint-Gobain, Sunnova Energy International Inc., The American Family Insurance Institute for Corporate and Social Impact, SCF Partners, Tudor, Pickering, Holt & Co., Direct Energy,CenterPoint Energy, Gexa Energy, andWells Fargo. Greentown Labs also announced its four Grand Opening Partners, including Naturgy, FCC Environmental Services (FCC),EIV Capital, and Williams. Greentown Houston is actively welcoming new startup members to its incubator. To learn more about Greentown Houston, visit www.greentownlabs.comor attend the virtual Grand Opening celebration with Mayor Turner on April 22 at 2:00 p.m. CT / 3:00 p.m. ET. Tune in hereto view the livestream. About Greentown Labs Greentown Labs is a community of climate action pioneers working to design a more sustainable world. As the largest climatetech startup incubator in North America, Greentown Labs brings together startups, corporates, investors, policymakers, and many others with a focus on scaling climate solutions. Driven by the mission of providing startups the resources, knowledge, connections, and equipment they need to thrive, Greentown Labs offers lab space, shared office space, a machine shop, an electronics lab, software and business resources, and a large network of corporate customers, investors, and more. With its headquarters in Somerville, Mass. and a recently opened incubator in Houston, Texas, Greentown Labs is home to more than 140 startups and has supported more than 330 startups since the incubator's founding in 2011. These startups have collectively created more than 6,500 direct jobs and have raised more than $1.2 billion in funding. For more information, please visit www.greentownlabs.com or Twitter,Facebook, andLinkedIn.Greentown Labs Media Contact: Julia Travaglini VP of Marketing & Communications[emailprotected]603-867-3657SOURCE Greentown Labs Related Links www.greentownlabs.org

edtsum470

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: The #1 metals and mining conference in the world will be fully digital for the first time Largest number of participants to date, including record number of institutional investors Industry leaders from 31 countries and 6 continents to participate Pandemic, sustainability and outlook on growth areas, including the EV revolution, will be key themes BMO Research analysts available for comment NEW YORK and TORONTO, Feb. 19, 2021 /PRNewswire/ -BMO Capital Markets will host its 30thGlobal Metals & Mining Conference fromMarch 1 to March 5, 2021. Normally held in Florida, USA each year, the conference will be fully digital for the first time. "We are excited to host the #1 global metals and mining conference in the world for the 30th year. It's our first time presenting this conference digitally and yet it is shaping up to be our biggest one ever," said Dan Barclay, CEO and Group Head, BMO Capital Markets. "We're looking forward to bringing together the biggest players from around the world for insightful presentations and timely conversations, including the critical importance of ESG and sustainability as we collectively work toward a lower carbon economy." The annual conference brings together metals and mining industry leaders and institutional investors from around the world more than 1,600 professionals representing approximately 300 organizations. The event is considered a barometer of industry sentiment for the year to come, featuring live discussions with some of the world's largest metals and mining companies. Notable session topics include: China's place in the mining ecosystem; the energy metals transition and adoption of electric vehicles; the strength of the precious metals environment; and ESG and its implications for both metals & mining companies and investors. "We are honoured to host senior executives and investors in the industry once again at our flagship event, reinforcing the thought leadership and deep sector knowledge associated with BMO Capital Markets," saidIlan Bahar, Co-Head of Global Metals and Mining, BMO Capital Markets. "The BMO Global Metals & Mining Conference is a testament to our unwavering commitment to the sector and this is no less true in times of the pandemic. Our firm has been a dominant force in metals and mining for more than a century, serving clients in achieving their strategic objectives," saidJamie Rogers, Co-Head of Global Metals and Mining, BMO Capital Markets. Amongst others, companies scheduled to present at the conference include: Agnico Eagle Mines (AEM) Alcoa (AA) Anglo American (AAL) AngloGold Ashanti (ANG) Antofagasta (ANTO) B2Gold (BTO) Barrick Gold (ABX) BHP Billiton (BLT) Boliden (BOL) Cameco (CCO) Cliffs (CLF) Endeavour Mining (EDV) Evolution Mining (EVN) First Quantum Minerals (FM) Franco-Nevada (FNV) Freeport-McMoRan (FCX) Fortescue (FMG) Glencore (GLEN) Ivanhoe (IVN) Kinross Gold (KGC) Kirkland Lake Gold (KL) Lundin Mining (LUN) Newcrest Mining (NCM) Newmont Mining (NEM) Northern Star (NST) Nucor (NUE) Nutrien (NTR) Osisko Gold Royalties (OR) Pan American Silver (PAAS) Polyus (PLZL) Rio Tinto (RIO) Royal Gold (RGLD) Sibanye-Stillwater (SGL) South32 (S32) Steel Dynamics (STLD) Teck Resources (TECK) Vale (VALE) Wheaton Precious Metals (WPM) Yamana (YRI) The conference is hosted by the BMO Capital Markets' Metals & Mining Equity Research team. The bank's metals & mining specialists are part of a team of equity analysts across Canada, the U.S. and the U.K. that together cover approximately 920 equities globally. With 10 analysts dedicated to the sector, its Metals & Mining Equity Research team has one of the largest coverage universes of metals, mining and fertilizer companies in the world, with more than 150 companies under coverage. BMO Capital Markets has been advising companies in the metals & mining industry for more than a century. For twelve consecutive years, including this year, Global Finance Magazine has recognized BMO Capital Markets as the best investment bank for metals and mining in the world. News media who would like a copy of the agenda or to request an interview about the conference and market sentiment are asked to contact BMO Media Relations (information below). About BMO Capital MarketsBMO Capital Markets is a leading, full-service North American-based financial services provider offering corporate, institutional and government clients access to a complete range of products and services including equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. With approximately 2,700 professionals in 33 locations around the world, including 19 offices inNorth America, BMO Capital Markets works proactively with clients to provide innovative and integrated financial solutions. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO) one of the largest diversified financial services providers inNorth Americawith$949 billiontotal assets as atOctober 31, 2020. SOURCE BMO Financial Group Related Links www.bmo.com Answer:

BMO to Host 30th Annual Global Metals & Mining Conference

The #1 metals and mining conference in the world will be fully digital for the first time Largest number of participants to date, including record number of institutional investors Industry leaders from 31 countries and 6 continents to participate Pandemic, sustainability and outlook on growth areas, including the EV revolution, will be key themes BMO Research analysts available for comment NEW YORK and TORONTO, Feb. 19, 2021 /PRNewswire/ -BMO Capital Markets will host its 30thGlobal Metals & Mining Conference fromMarch 1 to March 5, 2021. Normally held in Florida, USA each year, the conference will be fully digital for the first time. "We are excited to host the #1 global metals and mining conference in the world for the 30th year. It's our first time presenting this conference digitally and yet it is shaping up to be our biggest one ever," said Dan Barclay, CEO and Group Head, BMO Capital Markets. "We're looking forward to bringing together the biggest players from around the world for insightful presentations and timely conversations, including the critical importance of ESG and sustainability as we collectively work toward a lower carbon economy." The annual conference brings together metals and mining industry leaders and institutional investors from around the world more than 1,600 professionals representing approximately 300 organizations. The event is considered a barometer of industry sentiment for the year to come, featuring live discussions with some of the world's largest metals and mining companies. Notable session topics include: China's place in the mining ecosystem; the energy metals transition and adoption of electric vehicles; the strength of the precious metals environment; and ESG and its implications for both metals & mining companies and investors. "We are honoured to host senior executives and investors in the industry once again at our flagship event, reinforcing the thought leadership and deep sector knowledge associated with BMO Capital Markets," saidIlan Bahar, Co-Head of Global Metals and Mining, BMO Capital Markets. "The BMO Global Metals & Mining Conference is a testament to our unwavering commitment to the sector and this is no less true in times of the pandemic. Our firm has been a dominant force in metals and mining for more than a century, serving clients in achieving their strategic objectives," saidJamie Rogers, Co-Head of Global Metals and Mining, BMO Capital Markets. Amongst others, companies scheduled to present at the conference include: Agnico Eagle Mines (AEM) Alcoa (AA) Anglo American (AAL) AngloGold Ashanti (ANG) Antofagasta (ANTO) B2Gold (BTO) Barrick Gold (ABX) BHP Billiton (BLT) Boliden (BOL) Cameco (CCO) Cliffs (CLF) Endeavour Mining (EDV) Evolution Mining (EVN) First Quantum Minerals (FM) Franco-Nevada (FNV) Freeport-McMoRan (FCX) Fortescue (FMG) Glencore (GLEN) Ivanhoe (IVN) Kinross Gold (KGC) Kirkland Lake Gold (KL) Lundin Mining (LUN) Newcrest Mining (NCM) Newmont Mining (NEM) Northern Star (NST) Nucor (NUE) Nutrien (NTR) Osisko Gold Royalties (OR) Pan American Silver (PAAS) Polyus (PLZL) Rio Tinto (RIO) Royal Gold (RGLD) Sibanye-Stillwater (SGL) South32 (S32) Steel Dynamics (STLD) Teck Resources (TECK) Vale (VALE) Wheaton Precious Metals (WPM) Yamana (YRI) The conference is hosted by the BMO Capital Markets' Metals & Mining Equity Research team. The bank's metals & mining specialists are part of a team of equity analysts across Canada, the U.S. and the U.K. that together cover approximately 920 equities globally. With 10 analysts dedicated to the sector, its Metals & Mining Equity Research team has one of the largest coverage universes of metals, mining and fertilizer companies in the world, with more than 150 companies under coverage. BMO Capital Markets has been advising companies in the metals & mining industry for more than a century. For twelve consecutive years, including this year, Global Finance Magazine has recognized BMO Capital Markets as the best investment bank for metals and mining in the world. News media who would like a copy of the agenda or to request an interview about the conference and market sentiment are asked to contact BMO Media Relations (information below). About BMO Capital MarketsBMO Capital Markets is a leading, full-service North American-based financial services provider offering corporate, institutional and government clients access to a complete range of products and services including equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. With approximately 2,700 professionals in 33 locations around the world, including 19 offices inNorth America, BMO Capital Markets works proactively with clients to provide innovative and integrated financial solutions. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO) one of the largest diversified financial services providers inNorth Americawith$949 billiontotal assets as atOctober 31, 2020. SOURCE BMO Financial Group Related Links www.bmo.com

edtsum471

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 JOSE, Calif.--(BUSINESS WIRE)--Roku, Inc. (NASDAQ: ROKU) today unveiled its new streaming lineup for the U.S. to include an all-new and redesigned Roku Ultra (MSRP $99.99) and the addition of the Roku Streambar (MSRP $129.99). Roku Ultra offers the best performance of any Roku player for less than $100, and was specifically designed for avid streamers. For streamers looking to add powerful streaming and premium sound to any TV, the Roku Streambar is the easiest way for consumers to upgrade and de-clutter their home entertainment systems. In addition, Roku also announced Roku OS 9.4 in a separate announcement today. We are focused on delivering a variety of innovative, top-performing products at an incredible value to our customers so they can get to the content they care about quickly, said Mark Ely, Vice President, Retail Product Strategy at Roku. Our new streaming player lineup now includes reimagined streaming devices in the Roku Ultra and Roku Streambar we continue to offer a great device no matter the use case our customers are looking for whether they are new to streaming or looking to add great sound and streaming to their home entertainment center. Roku Ultra Roku Ultra remains the ultimate streaming player offering powerful, smooth streaming with channels that launch in a snap and our best wireless, now with up to 50% more range and Bluetooth support. Stream in extraordinary Dolby Vision picture quality and experience immersive Dolby Atmos sound when you pair it with compatible devices. Inside the box is a Roku voice remote featuring TV power and volume controls, personal shortcut buttons, and headphones for private listeningit even has a lost remote finderand now a High-Speed Premium HDMI cable. Control the Roku Ultra by speaking to Amazon Alexa or Google Assistant devices. Roku Ultra is perfect for cord cutters and people who love to stream. Features include: Roku Streambar Roku Streambar is the ultimate 2-in-1 entertainment upgrade with powerful streaming and premium sound for any TV with HDMI. Hear every detail as you stream in vibrant 4K HDR picture quality on 4K HDR compatible TVs. Crisp, clean audio makes dialogue easier to hear and, with its compact design, it fills the room with sound. Quiet loud commercials automatically. Control the Roku Streambar by speaking to Amazon Alexa and/or Google Assistant devices. Later this year, Apple AirPlay 2 and HomeKit capabilities are expected to begin roll out on select 4K Roku devices. With Apple AirPlay 2, customers can stream videos, music and more to the big screen, and with HomeKit, they can easily and securely control their Roku device using the Home app and Siri. Setup is simple with everything in the box, including one voice remote that controls your TV, sound, and streaming. Additional features include: Adding Value Via Content Offers More information on these offers and others can be found at Roku.com/Offers. The Roku Ultra and Roku Streambar are available for pre-order at Roku.com starting today and are expected to ship in October. General availability at Roku.com and major retailers is expected in October. The Roku Streambar will also be available in Canada, Mexico and the U.K. Also available on shelf in the U.S. will be the Roku Express, the Roku Express+, the Roku Premiere, the Roku Streaming Stick+, the Roku Streaming Stick+ HE and the Roku Ultra LT. For more information visit Roku.com. About Roku, Inc. Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV models and Roku streaming players are available in select countries around the world through direct retail sales and licensing arrangements with TV brands and service operators. Roku audio products are available in the U.S. through direct retail sales. Roku is headquartered in San Jose, Calif. U.S.A. This press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include but are not limited to the benefits, impact, features, pricing and availability of the new Roku streaming lineup, including the new Roku Ultra and Roku Soundbar, and the features, benefits and reach of the Roku OS and the Roku platform. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku, Inc. files with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Copies of reports filed with the SEC are posted on Rokus website and are available from Roku without charge. Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders. Answer:

Roku Introduces All New Roku Ultra and Unveils the Roku Streambar Faster Roku Ultra Delivers our Best Wireless and Dolby Vision; Innovative Roku Streambar Upgrades Any TV with Powerful Streaming and Premium Sound

SAN JOSE, Calif.--(BUSINESS WIRE)--Roku, Inc. (NASDAQ: ROKU) today unveiled its new streaming lineup for the U.S. to include an all-new and redesigned Roku Ultra (MSRP $99.99) and the addition of the Roku Streambar (MSRP $129.99). Roku Ultra offers the best performance of any Roku player for less than $100, and was specifically designed for avid streamers. For streamers looking to add powerful streaming and premium sound to any TV, the Roku Streambar is the easiest way for consumers to upgrade and de-clutter their home entertainment systems. In addition, Roku also announced Roku OS 9.4 in a separate announcement today. We are focused on delivering a variety of innovative, top-performing products at an incredible value to our customers so they can get to the content they care about quickly, said Mark Ely, Vice President, Retail Product Strategy at Roku. Our new streaming player lineup now includes reimagined streaming devices in the Roku Ultra and Roku Streambar we continue to offer a great device no matter the use case our customers are looking for whether they are new to streaming or looking to add great sound and streaming to their home entertainment center. Roku Ultra Roku Ultra remains the ultimate streaming player offering powerful, smooth streaming with channels that launch in a snap and our best wireless, now with up to 50% more range and Bluetooth support. Stream in extraordinary Dolby Vision picture quality and experience immersive Dolby Atmos sound when you pair it with compatible devices. Inside the box is a Roku voice remote featuring TV power and volume controls, personal shortcut buttons, and headphones for private listeningit even has a lost remote finderand now a High-Speed Premium HDMI cable. Control the Roku Ultra by speaking to Amazon Alexa or Google Assistant devices. Roku Ultra is perfect for cord cutters and people who love to stream. Features include: Roku Streambar Roku Streambar is the ultimate 2-in-1 entertainment upgrade with powerful streaming and premium sound for any TV with HDMI. Hear every detail as you stream in vibrant 4K HDR picture quality on 4K HDR compatible TVs. Crisp, clean audio makes dialogue easier to hear and, with its compact design, it fills the room with sound. Quiet loud commercials automatically. Control the Roku Streambar by speaking to Amazon Alexa and/or Google Assistant devices. Later this year, Apple AirPlay 2 and HomeKit capabilities are expected to begin roll out on select 4K Roku devices. With Apple AirPlay 2, customers can stream videos, music and more to the big screen, and with HomeKit, they can easily and securely control their Roku device using the Home app and Siri. Setup is simple with everything in the box, including one voice remote that controls your TV, sound, and streaming. Additional features include: Adding Value Via Content Offers More information on these offers and others can be found at Roku.com/Offers. The Roku Ultra and Roku Streambar are available for pre-order at Roku.com starting today and are expected to ship in October. General availability at Roku.com and major retailers is expected in October. The Roku Streambar will also be available in Canada, Mexico and the U.K. Also available on shelf in the U.S. will be the Roku Express, the Roku Express+, the Roku Premiere, the Roku Streaming Stick+, the Roku Streaming Stick+ HE and the Roku Ultra LT. For more information visit Roku.com. About Roku, Inc. Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV models and Roku streaming players are available in select countries around the world through direct retail sales and licensing arrangements with TV brands and service operators. Roku audio products are available in the U.S. through direct retail sales. Roku is headquartered in San Jose, Calif. U.S.A. This press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include but are not limited to the benefits, impact, features, pricing and availability of the new Roku streaming lineup, including the new Roku Ultra and Roku Soundbar, and the features, benefits and reach of the Roku OS and the Roku platform. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku, Inc. files with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Copies of reports filed with the SEC are posted on Rokus website and are available from Roku without charge. Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.

edtsum472

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. 2, 2021 /PRNewswire/ - Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American: MMX) (TSX: MMX) is pleased to provide an update on recent developments from the Company's royalty portfolio. Dan O'Flaherty, CEO of Maverix, commented "Maverix had another successful year capped off by the acquisition of a portfolio of 10 gold royalties from Newmont in the fourth quarter. The portfolio has already delivered increased value through the positive updates at the Camino Rojo and Cerro Blanco gold projects. Additionally, we are tremendously excited about the significant advancements made on several other underlying assets where Maverix has a royalty or stream interest. The Company's royalty portfolio continues to benefit from many encouraging developments with further catalysts expected for 2021." Hope Bay On February 2, 2021, Agnico Eagle Mines Limited ("Agnico") completed the acquisition of TMAC Resources Inc., the owner of the Hope Bay mine in Nunavut, Canada. Agnico has provided notice to the Company that it intends to exercise the buyback right with respect to 1.5% of the total 2.5% NSR royalty that the Company currently owns on Hope Bay for a cash payment of $50 million. Maverix will retain a 1% NSR royalty, which is not subject to any further reductions, on the Hope Bay mine and along its 80 kilometre Archean greenstone belt. Agnico is expected to continue operating Hope Bay while it ramps up exploration efforts at both the mine and regionally. Maverix looks forward to having Agnico as an operating partner at Hope Bay given its expertise in Nunavut and capability to maximize the value of the mine. Maverix intends to use the cash proceeds from the exercise of the buyback to fully repay its outstanding debt and will be well positioned for future royalty or stream acquisitions. For more information, please refer to www.tmacresources.com and see the news release dated February 2, 2021. Camino Rojo (2% NSR) On January 11, 2021, Orla Mining Ltd. ("Orla") announced the results of an updated feasibility study for the Camino Rojo oxide gold project after the recently completed layback agreement with Fresnillo plc. The updated feasibility study highlights a 54% increase in contained gold mineral reserves and an updated mine life of over 10 years with an average gold production rate of 94,000 ounces per annum. The mine is currently in construction with first production planned for late 2021. Maverix has a 2% NSR royalty on the oxide and transitional ore production from Camino Rojo, which covers all the ore included in Orla's updated feasibility study. For more information, please refer to www.orlamining.com and see the news release dated January 11, 2021. Beta Hunt (4.75% Gold GRR/NSR + 1.5% Nickel NSR) On December 16, 2020, Karora Resources Inc. ("Karora") announced an updated mineral resource and reserve estimate for Beta Hunt. Gold reserves increased by 176,000 ounces and measured and indicated resources increased by 111,000 ounces, increases of 57% and 12%, respectively, over the November 2019 estimates. Karora continues to aggressively explore Beta Hunt and in 2020 was focused on infill and extensional drilling of the A Zone and Western Flanks. The updated mineral resource does not include the recently discovered high grade Larkin Zone discovered south of the Alpha Isla Fault, which requires further drilling and is expected to be included in the 2021 update. Karora also announced an updated nickel measured and indicated resource at Beta Hunt, the first since 2016, of 16,100 tonnes of nickel at a grade of 2.9%. Maverix has a 4.75% royalty on gold production and a 1.5% NSR royalty on nickel production at Beta Hunt. For more information, please refer to www.karoraresources.com and see the news release dated December 16, 2020. Moss (100% Silver Stream) On December 7, 2020, Northern Vertex Mining Corp. ("Northern Vertex") announced a business combination with Eclipse Gold Mining Corp. and a concurrent C$20 million equity financing. The financing closed on January 14, 2021 and the business combination is expected to close on or around February 12, 2021. Northern Vertex is currently undertaking a 13,700 metre Phase II infill drilling and resource expansion program and an updated mineral resource estimate is expected in 2021. A key priority is delineating the East/West strike length of the Ruth Vein, which is located adjacent to the Moss open pit, and has been mapped for over 2 kilometres on surface. Maverix has a stream agreement to purchase 100% of the payable silver produced at Moss at an ongoing price equal to 20% of the spot price of silver. For more information, please refer to www.northernvertex.com and see the news releases dated January 14, 2021, December 7, 2020 and November 3, 2020. Morondo (2% NSR) On January 28, 2021, Montage Gold Corp. ("Montage") announced an updated mineral resource at its Morondo gold project in Cote d'Ivoire. The inferred mineral resource at the Kone deposit was increased significantly to 3.2 million ounces of gold at a grade of 0.80 grams per tonne. A 35,000 metre drill program is currently underway targeting further growth in resources and infill drilling. Montage expects to release a preliminary economic assessment in early April 2021 and a feasibility study before the end of 2021. Maverix has a 2% NSR royalty on the Morondo project. For more information, please refer to www.montagegoldcorp.com and see the news release dated January 28, 2021. Cerro Blanco (1% NSR) On January 26, 2021, Bluestone Resources Inc. ("Bluestone") provided an update on its Cerro Blanco gold project in Guatemala. During 2020, a project readiness update ("PRU") was undertaken which involved a review of the current mine plan, engineering, process flow sheet, capital and operating cost estimates, along with the execution strategy. The mine is expected to produce approximately 113,000 oz of gold per annum with a mine life of 9 years, which is one year longer than envisioned in the feasibility study. The PRU will be further optimized in the first half of 2021 following the completion of an updated mineral resource estimate and mine plan to incorporate the recently completed 2020 drill program. In addition, Bluestone continues to advance project financing for Cerro Blanco with the completion of independent technical engineering, environmental, and social reports along with advancements to long-form term sheets in 2020. Bluestone has indicated that further corporate and project finance updates will be provided in Q1. Maverix has a 1.0% NSR royalty on the Cerro Blanco project. For more information, please refer to www.bluestoneresources.ca and see the news release dated January 26, 2021. McCoy-Cove (1.5-3.5% NSR) On December 16, 2020, Premier Gold Mines Limited ("Premier") announced that they have entered into a definitive agreement whereby Equinox Gold Corp. will acquire all outstanding shares of Premier. Concurrently, Premier will spin-out to its shareholders shares of a newly created US-focused gold production and development company called i-80 Gold Corp., which will include the McCoy-Cove project in Nevada, USA as a core asset. On January 18, 2021, Premier announced an updated preliminary economic assessment ("PEA") for McCoy-Cove which outlined an 8-year mine life producing an average of 102,000 ounces of gold per annum. The PEA assumes mining of mineral resources in the Helen and Gap deposits only and potential exists to increase mineral resources as both the deposits remain open for expansion. The focus for the remainder of 2021 and 2022 includes laboratory and economic evaluations of alternative processing methods, optimizing the mine plan with the hydrological model, completion of baseline studies needed to commence an EIS, and beginning development of an exploration decline to support underground diamond drilling to upgrade and increase mineral resources. Completion of these activities and a feasibility study is expected to occur in 2023 2024. Maverix has a 1.5% NSR royalty that covers the entire McCoy-Cove property and an additional 2% NSR royalty that covers a portion of the McCoy-Cove property. For more information, please refer to www.premiergoldmines.com and see the news releases dated December 16, 2020 and January 18, 2021. Relief Canyon (2% NSR) On January 11, 2021, Americas Gold and Silver Corporation announced that commercial production was achieved at its Relief Canyon mine in Nevada, USA, and that full ramp up from the operation is targeted for mid-May 2021. Maverix has a 2% NSR royalty on a portion of the Relief Canyon mine. For more information, please refer to www.americas-gold.com and see the news release dated January 11, 2021. Qualified Person Brendan Pidcock, P.Eng., is Vice President Technical Services for Maverix, and a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical disclosure contained in this news release. About Maverix Maverix is a gold-focused royalty and streaming company with a globally diversified portfolio of over 100 assets. Maverix's mission is to increase per share value by acquiring precious metals royalties and streams. Its shares trade on both the NYSE American and the TSX under the symbol "MMX". Cautionary statements to U.S. investors Information contained or referenced in this press release or in the documents referenced herein concerning the properties, technical information and operations of Maverix has been prepared in accordance with requirements and standards under Canadian securities laws, which differ from the requirements of US securities laws. The terms "mineral resource" and "inferred mineral resource" used in this press release or in the documents incorporated by reference herein are mining terms as defined in accordance with NI 43-101 under guidelines set out in the Definition Standards for Mineral Resources and Mineral Reserves adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on 11 December 2005. While the terms "mineral resource", and "inferred mineral resource" are recognized and required by Canadian securities laws, they are not recognized by SEC standards and normally are not permitted to be used in reports filed with the SEC. Investors are cautioned not to assume that all or any part of the disclosed mineral resource estimates will ever be confirmed or converted into reserves that meet the definitions used by the SEC. Disclosure of contained ounces are or may be permitted disclosure under regulations applicable to Maverix; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in-place tonnage and grade without reference to unit of production measures. Accordingly, certain information contained in this press release concerning descriptions of mineralization and mineral resources under these standards may not be comparable to similar information made public by US companies subject to reporting and disclosure requirements of the SEC. Cautionary note regarding forward-looking statements This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, receipt of the proceeds of the exercise of the buyback right in respect of Maverix's NSR royalty on the Hope Bay mine, completion of certain anticipated milestones, transactions and developments by the operators of certain underlying projects and mines in respect of Maverix's royalty and stream portfolio, anticipated future cash flows, future financial reporting by Maverix, the receipt of payments from Maverix's mining royalty and streaming portfolio, the requirements for regulatory approvals and third party consents, and the completion of mine expansion under construction phases at the mines or properties that Maverix holds an interests in. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: impact of general business and economic conditions; the absence of control over mining operations from which Maverix will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects Maverix; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics and other public health crises, including the current outbreak of the novel coronavirus known as COVID-19 on Maverix's business, operations and financial condition, loss of key employees, as well as those risk factors discussed in the section entitled "Risk Factors" in Maverix's annual information form dated March 23, 2020 available at www.sedar.com. Maverix has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Maverix undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. Technical and third-party information The disclosure herein and relating to properties and operations on the properties in which Maverix holds royalty, stream or other interests is based on information publicly disclosed by the owners or operators of these properties and information/data available in the public domain as at the date hereof, and none of this information has been independently verified by Maverix. Specifically, as a royalty or stream holder, Maverix has limited, if any, access to properties included in its asset portfolio. Additionally, Maverix may from time to time receive operating information from the owners and operators of the properties, which it is not permitted to disclose to the public. Maverix is dependent on, (i) the operators of the properties and their qualified persons to provide information to Maverix, or (ii) on publicly available information to prepare disclosure pertaining to properties and operations on the properties on which Maverix holds royalty, stream or other interests, and generally has limited or no ability to independently verify such information. Although Maverix does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. Some information publicly reported by operators may relate to a larger property than the area covered by Maverix's royalty, stream or other interest. Maverix's royalty, stream or other interests often cover less than 100% and sometimes only a portion of the publicly reported mineral reserves, mineral resources and production of a property. SOURCE Maverix Metals Inc. Related Links http://maverixmetals.com Answer:

Maverix Metals Provides Asset Update

VANCOUVER, BC, Feb. 2, 2021 /PRNewswire/ - Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American: MMX) (TSX: MMX) is pleased to provide an update on recent developments from the Company's royalty portfolio. Dan O'Flaherty, CEO of Maverix, commented "Maverix had another successful year capped off by the acquisition of a portfolio of 10 gold royalties from Newmont in the fourth quarter. The portfolio has already delivered increased value through the positive updates at the Camino Rojo and Cerro Blanco gold projects. Additionally, we are tremendously excited about the significant advancements made on several other underlying assets where Maverix has a royalty or stream interest. The Company's royalty portfolio continues to benefit from many encouraging developments with further catalysts expected for 2021." Hope Bay On February 2, 2021, Agnico Eagle Mines Limited ("Agnico") completed the acquisition of TMAC Resources Inc., the owner of the Hope Bay mine in Nunavut, Canada. Agnico has provided notice to the Company that it intends to exercise the buyback right with respect to 1.5% of the total 2.5% NSR royalty that the Company currently owns on Hope Bay for a cash payment of $50 million. Maverix will retain a 1% NSR royalty, which is not subject to any further reductions, on the Hope Bay mine and along its 80 kilometre Archean greenstone belt. Agnico is expected to continue operating Hope Bay while it ramps up exploration efforts at both the mine and regionally. Maverix looks forward to having Agnico as an operating partner at Hope Bay given its expertise in Nunavut and capability to maximize the value of the mine. Maverix intends to use the cash proceeds from the exercise of the buyback to fully repay its outstanding debt and will be well positioned for future royalty or stream acquisitions. For more information, please refer to www.tmacresources.com and see the news release dated February 2, 2021. Camino Rojo (2% NSR) On January 11, 2021, Orla Mining Ltd. ("Orla") announced the results of an updated feasibility study for the Camino Rojo oxide gold project after the recently completed layback agreement with Fresnillo plc. The updated feasibility study highlights a 54% increase in contained gold mineral reserves and an updated mine life of over 10 years with an average gold production rate of 94,000 ounces per annum. The mine is currently in construction with first production planned for late 2021. Maverix has a 2% NSR royalty on the oxide and transitional ore production from Camino Rojo, which covers all the ore included in Orla's updated feasibility study. For more information, please refer to www.orlamining.com and see the news release dated January 11, 2021. Beta Hunt (4.75% Gold GRR/NSR + 1.5% Nickel NSR) On December 16, 2020, Karora Resources Inc. ("Karora") announced an updated mineral resource and reserve estimate for Beta Hunt. Gold reserves increased by 176,000 ounces and measured and indicated resources increased by 111,000 ounces, increases of 57% and 12%, respectively, over the November 2019 estimates. Karora continues to aggressively explore Beta Hunt and in 2020 was focused on infill and extensional drilling of the A Zone and Western Flanks. The updated mineral resource does not include the recently discovered high grade Larkin Zone discovered south of the Alpha Isla Fault, which requires further drilling and is expected to be included in the 2021 update. Karora also announced an updated nickel measured and indicated resource at Beta Hunt, the first since 2016, of 16,100 tonnes of nickel at a grade of 2.9%. Maverix has a 4.75% royalty on gold production and a 1.5% NSR royalty on nickel production at Beta Hunt. For more information, please refer to www.karoraresources.com and see the news release dated December 16, 2020. Moss (100% Silver Stream) On December 7, 2020, Northern Vertex Mining Corp. ("Northern Vertex") announced a business combination with Eclipse Gold Mining Corp. and a concurrent C$20 million equity financing. The financing closed on January 14, 2021 and the business combination is expected to close on or around February 12, 2021. Northern Vertex is currently undertaking a 13,700 metre Phase II infill drilling and resource expansion program and an updated mineral resource estimate is expected in 2021. A key priority is delineating the East/West strike length of the Ruth Vein, which is located adjacent to the Moss open pit, and has been mapped for over 2 kilometres on surface. Maverix has a stream agreement to purchase 100% of the payable silver produced at Moss at an ongoing price equal to 20% of the spot price of silver. For more information, please refer to www.northernvertex.com and see the news releases dated January 14, 2021, December 7, 2020 and November 3, 2020. Morondo (2% NSR) On January 28, 2021, Montage Gold Corp. ("Montage") announced an updated mineral resource at its Morondo gold project in Cote d'Ivoire. The inferred mineral resource at the Kone deposit was increased significantly to 3.2 million ounces of gold at a grade of 0.80 grams per tonne. A 35,000 metre drill program is currently underway targeting further growth in resources and infill drilling. Montage expects to release a preliminary economic assessment in early April 2021 and a feasibility study before the end of 2021. Maverix has a 2% NSR royalty on the Morondo project. For more information, please refer to www.montagegoldcorp.com and see the news release dated January 28, 2021. Cerro Blanco (1% NSR) On January 26, 2021, Bluestone Resources Inc. ("Bluestone") provided an update on its Cerro Blanco gold project in Guatemala. During 2020, a project readiness update ("PRU") was undertaken which involved a review of the current mine plan, engineering, process flow sheet, capital and operating cost estimates, along with the execution strategy. The mine is expected to produce approximately 113,000 oz of gold per annum with a mine life of 9 years, which is one year longer than envisioned in the feasibility study. The PRU will be further optimized in the first half of 2021 following the completion of an updated mineral resource estimate and mine plan to incorporate the recently completed 2020 drill program. In addition, Bluestone continues to advance project financing for Cerro Blanco with the completion of independent technical engineering, environmental, and social reports along with advancements to long-form term sheets in 2020. Bluestone has indicated that further corporate and project finance updates will be provided in Q1. Maverix has a 1.0% NSR royalty on the Cerro Blanco project. For more information, please refer to www.bluestoneresources.ca and see the news release dated January 26, 2021. McCoy-Cove (1.5-3.5% NSR) On December 16, 2020, Premier Gold Mines Limited ("Premier") announced that they have entered into a definitive agreement whereby Equinox Gold Corp. will acquire all outstanding shares of Premier. Concurrently, Premier will spin-out to its shareholders shares of a newly created US-focused gold production and development company called i-80 Gold Corp., which will include the McCoy-Cove project in Nevada, USA as a core asset. On January 18, 2021, Premier announced an updated preliminary economic assessment ("PEA") for McCoy-Cove which outlined an 8-year mine life producing an average of 102,000 ounces of gold per annum. The PEA assumes mining of mineral resources in the Helen and Gap deposits only and potential exists to increase mineral resources as both the deposits remain open for expansion. The focus for the remainder of 2021 and 2022 includes laboratory and economic evaluations of alternative processing methods, optimizing the mine plan with the hydrological model, completion of baseline studies needed to commence an EIS, and beginning development of an exploration decline to support underground diamond drilling to upgrade and increase mineral resources. Completion of these activities and a feasibility study is expected to occur in 2023 2024. Maverix has a 1.5% NSR royalty that covers the entire McCoy-Cove property and an additional 2% NSR royalty that covers a portion of the McCoy-Cove property. For more information, please refer to www.premiergoldmines.com and see the news releases dated December 16, 2020 and January 18, 2021. Relief Canyon (2% NSR) On January 11, 2021, Americas Gold and Silver Corporation announced that commercial production was achieved at its Relief Canyon mine in Nevada, USA, and that full ramp up from the operation is targeted for mid-May 2021. Maverix has a 2% NSR royalty on a portion of the Relief Canyon mine. For more information, please refer to www.americas-gold.com and see the news release dated January 11, 2021. Qualified Person Brendan Pidcock, P.Eng., is Vice President Technical Services for Maverix, and a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical disclosure contained in this news release. About Maverix Maverix is a gold-focused royalty and streaming company with a globally diversified portfolio of over 100 assets. Maverix's mission is to increase per share value by acquiring precious metals royalties and streams. Its shares trade on both the NYSE American and the TSX under the symbol "MMX". Cautionary statements to U.S. investors Information contained or referenced in this press release or in the documents referenced herein concerning the properties, technical information and operations of Maverix has been prepared in accordance with requirements and standards under Canadian securities laws, which differ from the requirements of US securities laws. The terms "mineral resource" and "inferred mineral resource" used in this press release or in the documents incorporated by reference herein are mining terms as defined in accordance with NI 43-101 under guidelines set out in the Definition Standards for Mineral Resources and Mineral Reserves adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on 11 December 2005. While the terms "mineral resource", and "inferred mineral resource" are recognized and required by Canadian securities laws, they are not recognized by SEC standards and normally are not permitted to be used in reports filed with the SEC. Investors are cautioned not to assume that all or any part of the disclosed mineral resource estimates will ever be confirmed or converted into reserves that meet the definitions used by the SEC. Disclosure of contained ounces are or may be permitted disclosure under regulations applicable to Maverix; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in-place tonnage and grade without reference to unit of production measures. Accordingly, certain information contained in this press release concerning descriptions of mineralization and mineral resources under these standards may not be comparable to similar information made public by US companies subject to reporting and disclosure requirements of the SEC. Cautionary note regarding forward-looking statements This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, receipt of the proceeds of the exercise of the buyback right in respect of Maverix's NSR royalty on the Hope Bay mine, completion of certain anticipated milestones, transactions and developments by the operators of certain underlying projects and mines in respect of Maverix's royalty and stream portfolio, anticipated future cash flows, future financial reporting by Maverix, the receipt of payments from Maverix's mining royalty and streaming portfolio, the requirements for regulatory approvals and third party consents, and the completion of mine expansion under construction phases at the mines or properties that Maverix holds an interests in. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: impact of general business and economic conditions; the absence of control over mining operations from which Maverix will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects Maverix; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics and other public health crises, including the current outbreak of the novel coronavirus known as COVID-19 on Maverix's business, operations and financial condition, loss of key employees, as well as those risk factors discussed in the section entitled "Risk Factors" in Maverix's annual information form dated March 23, 2020 available at www.sedar.com. Maverix has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Maverix undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. Technical and third-party information The disclosure herein and relating to properties and operations on the properties in which Maverix holds royalty, stream or other interests is based on information publicly disclosed by the owners or operators of these properties and information/data available in the public domain as at the date hereof, and none of this information has been independently verified by Maverix. Specifically, as a royalty or stream holder, Maverix has limited, if any, access to properties included in its asset portfolio. Additionally, Maverix may from time to time receive operating information from the owners and operators of the properties, which it is not permitted to disclose to the public. Maverix is dependent on, (i) the operators of the properties and their qualified persons to provide information to Maverix, or (ii) on publicly available information to prepare disclosure pertaining to properties and operations on the properties on which Maverix holds royalty, stream or other interests, and generally has limited or no ability to independently verify such information. Although Maverix does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. Some information publicly reported by operators may relate to a larger property than the area covered by Maverix's royalty, stream or other interest. Maverix's royalty, stream or other interests often cover less than 100% and sometimes only a portion of the publicly reported mineral reserves, mineral resources and production of a property. SOURCE Maverix Metals Inc. Related Links http://maverixmetals.com

edtsum473

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)--Reliance Standard Life Insurance Company (Reliance Standard), a leading insurance carrier specializing in employee benefits solutions and both fixed and fixed index annuity products, has promoted Luce Giroux, FSA, FCIA, MAAA, to Senior Vice President, Actuarial & Chief Pricing Officer. A member of the companys Senior Leadership Team, she reports to Chris Fazzini, President and CEO, Group Benefits. Luce has been a dynamic and positive force at Reliance Standard since her arrival, and has been on the front lines of several important and visible enterprise teams and initiatives over the past several years, Fazzini said. Her expertise, passion and effectiveness have been recognized, including by her nomination to multiple leadership programs sponsored by our global parent company, The Tokio Marine Group. Im delighted to welcome her to the executive team full-time. Giroux had been serving in an acting Senior VP role since October, 2020, when Warren Cohen retired from the position after 18 years. In her new position, she is responsible for all actuarial functions related to Reliance Standards group insurance with a focus on assuring the accuracy and optimization of product pricing. She also provides leadership and guidance to the companys product development vision and strategy. Giroux joined Reliance Standard in 2014 as AVP, Actuarial, and was promoted to Vice President in 2018. During her tenure she has materially improved the companys experience analysis and pricing metric capabilities, and helped fuel the drive to an holistic, customer-level pricing strategy. She has also led various strategic growth initiatives, including expansion of the voluntary (supplemental health) product suite and establishment of a cohesive Paid Family Medical Leave (PFML) product strategy. Prior to joining Reliance Standard, Luce worked 13 years at Standard Insurance Company and 3 years at EPIC Life Insurance Company in both Actuarial and Business Management positions. She is a graduate of the University of Montreal and earned her MBA in Marketing from Portland State University. Luce is a Fellow in both the Society of Actuaries (FSA) and the Canadian Institute of Actuaries (FCIA), and a member of the American Academy of Actuaries. Reliance Standard Life Insurance Company (Reliance Standard) is Reliance Standard is a solutions-based company with a long history of innovation and service in workforce employee benefits, asset accumulation and protection. In business for over 100 years, Reliance Standard offers a broad portfolio of employee benefit solutions and a collection of fixed and fixed index annuity products that provide millions with the means to protect and persist their financial security. Reliance Standard was founded in 1907 in Chicago, IL, as the Central Standard Life Insurance Company. Reliance Standard is a member of the Tokio Marine Group. Tokio Marine Holdings, Inc., the ultimate holding company of the Tokio Marine Group, operates in the property and casualty insurance, reinsurance and life insurance sectors globally. The Groups main operating subsidiary, Tokio Marine & Nichido Fire (TMNF), was founded in 1879 and is the oldest and leading property and casualty insurer in Japan. Reliance Standard is a branding name. Insurance products and services are offered by Reliance Standard Life Insurance Company in all states (except New York), the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam. In New York, insurance products and services are offered by First Reliance Standard Life Insurance Company, Home Office, New York, NY. Not all products are available in all states. Answer:

Reliance Standard names Luce Giroux Senior Vice President, Actuarial and Chief Pricing Officer

PHILADELPHIA--(BUSINESS WIRE)--Reliance Standard Life Insurance Company (Reliance Standard), a leading insurance carrier specializing in employee benefits solutions and both fixed and fixed index annuity products, has promoted Luce Giroux, FSA, FCIA, MAAA, to Senior Vice President, Actuarial & Chief Pricing Officer. A member of the companys Senior Leadership Team, she reports to Chris Fazzini, President and CEO, Group Benefits. Luce has been a dynamic and positive force at Reliance Standard since her arrival, and has been on the front lines of several important and visible enterprise teams and initiatives over the past several years, Fazzini said. Her expertise, passion and effectiveness have been recognized, including by her nomination to multiple leadership programs sponsored by our global parent company, The Tokio Marine Group. Im delighted to welcome her to the executive team full-time. Giroux had been serving in an acting Senior VP role since October, 2020, when Warren Cohen retired from the position after 18 years. In her new position, she is responsible for all actuarial functions related to Reliance Standards group insurance with a focus on assuring the accuracy and optimization of product pricing. She also provides leadership and guidance to the companys product development vision and strategy. Giroux joined Reliance Standard in 2014 as AVP, Actuarial, and was promoted to Vice President in 2018. During her tenure she has materially improved the companys experience analysis and pricing metric capabilities, and helped fuel the drive to an holistic, customer-level pricing strategy. She has also led various strategic growth initiatives, including expansion of the voluntary (supplemental health) product suite and establishment of a cohesive Paid Family Medical Leave (PFML) product strategy. Prior to joining Reliance Standard, Luce worked 13 years at Standard Insurance Company and 3 years at EPIC Life Insurance Company in both Actuarial and Business Management positions. She is a graduate of the University of Montreal and earned her MBA in Marketing from Portland State University. Luce is a Fellow in both the Society of Actuaries (FSA) and the Canadian Institute of Actuaries (FCIA), and a member of the American Academy of Actuaries. Reliance Standard Life Insurance Company (Reliance Standard) is Reliance Standard is a solutions-based company with a long history of innovation and service in workforce employee benefits, asset accumulation and protection. In business for over 100 years, Reliance Standard offers a broad portfolio of employee benefit solutions and a collection of fixed and fixed index annuity products that provide millions with the means to protect and persist their financial security. Reliance Standard was founded in 1907 in Chicago, IL, as the Central Standard Life Insurance Company. Reliance Standard is a member of the Tokio Marine Group. Tokio Marine Holdings, Inc., the ultimate holding company of the Tokio Marine Group, operates in the property and casualty insurance, reinsurance and life insurance sectors globally. The Groups main operating subsidiary, Tokio Marine & Nichido Fire (TMNF), was founded in 1879 and is the oldest and leading property and casualty insurer in Japan. Reliance Standard is a branding name. Insurance products and services are offered by Reliance Standard Life Insurance Company in all states (except New York), the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam. In New York, insurance products and services are offered by First Reliance Standard Life Insurance Company, Home Office, New York, NY. Not all products are available in all states.

edtsum474

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, May 19, 2020 /PRNewswire/ -- "I have children and grandchildren and always thought there could be a more efficient baby bottle design," said an inventor, from Washington, D.C., "so I invented the THREE IN ONE." The invention provides a more convenient way for a baby to drink different liquids throughout the day. In doing so, it eliminates the need for a parent to prepare and pack multiple bottles. As a result, it could enhance space in a diaper bag or cooler and it ensures that a baby has a certain liquid as needed or desired. The invention features a practical design that is easy to use so it is ideal for parents with infants or toddlers. Additionally, it is producible in design variations. The inventor described the invention design. "My design provides a simple and easy way for a baby to enjoy milk, water or juice during the day." The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-AVZ-1894, 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 Inventor Develops Improved Bottle for Infants and Toddlers (AVZ-1894)

PITTSBURGH, May 19, 2020 /PRNewswire/ -- "I have children and grandchildren and always thought there could be a more efficient baby bottle design," said an inventor, from Washington, D.C., "so I invented the THREE IN ONE." The invention provides a more convenient way for a baby to drink different liquids throughout the day. In doing so, it eliminates the need for a parent to prepare and pack multiple bottles. As a result, it could enhance space in a diaper bag or cooler and it ensures that a baby has a certain liquid as needed or desired. The invention features a practical design that is easy to use so it is ideal for parents with infants or toddlers. Additionally, it is producible in design variations. The inventor described the invention design. "My design provides a simple and easy way for a baby to enjoy milk, water or juice during the day." The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-AVZ-1894, 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

edtsum475

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: ESPOO, Finland, June 11, 2020 /PRNewswire/ --IQM Finland Oy (IQM), a leading European company for quantum computer hardware, was just awarded a 2.5M grant and up to 15M of equity investment from the EIC Accelerator program for the development of quantum computers, benefiting the industry and the society at large. Together with Business Finland grants of 3.3M that IQM received so far, the company is on a fast run with more than 20M more raised in less than a year from its 11.4M seed round, summing in total to 32M. IQM quantum computer design (PRNewsfoto/IQM Finland Oy) IQM's CEO and Co-founder Dr Jan Goetz at IQM's new lab, in Espoo, Finland (PRNewsfoto/IQM Finland Oy) IQM founders: Dr Kuan Yen Tan (CTO), Prof Mikko Mttnen (Chief Scientist), Dr Jan Goetz (CEO), Dr Juha Vartiainen (COO). (PRNewsfoto/IQM Finland Oy) IQM has experienced amazing growth, set up a fully functional research lab in record time, and also hired the largest industrial quantum hardware team in Europe. With the help of this new 20M, IQM will hire one quantum engineer per week and take an important next step to commercialize the technology through co-design of quantum-computing hardware and applications. "Quantum computers will be funded by European governments, supporting IQMs expansion strategy to build quantum computers in Germany," says Dr. Jan Goetz, CEO and co-founder of IQM. Last week, the Finnish government announced they will support the acquisition of a quantum computer with 20.7M for the Finnish State Research center VTT. "It has been a mind-blowing forty-million past week for quantum computers in Finland. IQM staff is excited to work together with VTT, Aalto University, and CSC in this ecosystem," rejoices Prof. Mikko Mttnen, Chief Scientist and co-founder of IQM.This announcement was followed by the German government with 2b and to immediately commission the construction of at least two quantum computers. IQM sees this as an ideal point to expand its operations in Germany."With our growing team in Munich, IQM will build co-design quantum computers for commercial applications and install testing facilities for quantum processors," states Prof. Enrique Solano, CEO of IQM Germany. Quantum computing will radically transform the lives of billions of people. Applications range from game-changing invention of medicine and novel materials to the discovery of economic models and sustainable processes. "We are witnessing a boost in deep-tech funding in Europe, very important now. For a healthy growth of startups like IQM, we need all three funding channels: (1) research grants to stimulate new key innovations, (2) equity investments to grow the company, (3) early adoption through acquisitions supported by the government. This allows to pool the risk while creating a new industry and business cases," says Dr. Goetz.IQM is focusing on superconducting quantum processors, which are streamlined for commercial applications in a novel Co-Design approach."Withthe new funding and immense support from the Finnish and the European governments, we are ready to scale technologically. This brings us closer to quantum advantage thus providing tangible commercial value in near-term quantum computers," adds Dr. Kuan Yen Tan, CTO and co-founder of IQM. IQM ranks in the top 2% of all European deep tech startups applying for the highly competitive EIC Accelerator programThanks to its strong technology and business plan, IQM was one of the 72 to succeed in the very competitive selection process of the EIC. Altogether 3969 companies applied for this funding. "The 15M equity component of the EIC can be an ideal contribution to IQM's Series A funding round." says a beaming Dr. Juha Vartiainen, COO and co-founder of IQM.The new funding also supports IQMs recent establishment of its new underground quantum computing infrastructure capable of housing the first European farm of quantum computers. IQM provides the full hardware stack for a quantum computer, integrating different technologies, and invites collaborations with quantum software companies. Brilliant quantum software engineers are also welcomed to join IQM. About IQM:https://www.meetiqm.com/company/#aboutusIQM videos:https://www.youtube.com/channel/UCvjqSqZiJ715XVH3O3IF93QAbout EIC Accelerator (SME instrument) program:https://ec.europa.eu/easme/en/news/eic-accelerator-offers-new-blend-grants-and-equityAbout Business Finland:https://www.businessfinland.fi/en/for-finnish-customers/about-us/in-brief/IQM PR CONTACTSIQMContacts for questions and comments:DrJan GoetzCEO,IQMemail:[emailprotected] tel.+358 505 666483(English & German)ProfMikkoMttnenChief Scientist, IQMemail: [emailprotected]tel.+358 505 940950(English & Finnish)DrKuanYen TanChieftechnology officer,IQMemail:[emailprotected]tel.+358504778091(English & Chinese)SOURCE IQM Finland Oy Related Links http://meetiqm.com/contact/ Answer:

European Deep-tech Champion IQM Receives More Than 20M of New Funding English English espaol Franais Deutsch Simultaneously IQM unveils its first quantum computer design to set the phase in the technology roadmap

ESPOO, Finland, June 11, 2020 /PRNewswire/ --IQM Finland Oy (IQM), a leading European company for quantum computer hardware, was just awarded a 2.5M grant and up to 15M of equity investment from the EIC Accelerator program for the development of quantum computers, benefiting the industry and the society at large. Together with Business Finland grants of 3.3M that IQM received so far, the company is on a fast run with more than 20M more raised in less than a year from its 11.4M seed round, summing in total to 32M. IQM quantum computer design (PRNewsfoto/IQM Finland Oy) IQM's CEO and Co-founder Dr Jan Goetz at IQM's new lab, in Espoo, Finland (PRNewsfoto/IQM Finland Oy) IQM founders: Dr Kuan Yen Tan (CTO), Prof Mikko Mttnen (Chief Scientist), Dr Jan Goetz (CEO), Dr Juha Vartiainen (COO). (PRNewsfoto/IQM Finland Oy) IQM has experienced amazing growth, set up a fully functional research lab in record time, and also hired the largest industrial quantum hardware team in Europe. With the help of this new 20M, IQM will hire one quantum engineer per week and take an important next step to commercialize the technology through co-design of quantum-computing hardware and applications. "Quantum computers will be funded by European governments, supporting IQMs expansion strategy to build quantum computers in Germany," says Dr. Jan Goetz, CEO and co-founder of IQM. Last week, the Finnish government announced they will support the acquisition of a quantum computer with 20.7M for the Finnish State Research center VTT. "It has been a mind-blowing forty-million past week for quantum computers in Finland. IQM staff is excited to work together with VTT, Aalto University, and CSC in this ecosystem," rejoices Prof. Mikko Mttnen, Chief Scientist and co-founder of IQM.This announcement was followed by the German government with 2b and to immediately commission the construction of at least two quantum computers. IQM sees this as an ideal point to expand its operations in Germany."With our growing team in Munich, IQM will build co-design quantum computers for commercial applications and install testing facilities for quantum processors," states Prof. Enrique Solano, CEO of IQM Germany. Quantum computing will radically transform the lives of billions of people. Applications range from game-changing invention of medicine and novel materials to the discovery of economic models and sustainable processes. "We are witnessing a boost in deep-tech funding in Europe, very important now. For a healthy growth of startups like IQM, we need all three funding channels: (1) research grants to stimulate new key innovations, (2) equity investments to grow the company, (3) early adoption through acquisitions supported by the government. This allows to pool the risk while creating a new industry and business cases," says Dr. Goetz.IQM is focusing on superconducting quantum processors, which are streamlined for commercial applications in a novel Co-Design approach."Withthe new funding and immense support from the Finnish and the European governments, we are ready to scale technologically. This brings us closer to quantum advantage thus providing tangible commercial value in near-term quantum computers," adds Dr. Kuan Yen Tan, CTO and co-founder of IQM. IQM ranks in the top 2% of all European deep tech startups applying for the highly competitive EIC Accelerator programThanks to its strong technology and business plan, IQM was one of the 72 to succeed in the very competitive selection process of the EIC. Altogether 3969 companies applied for this funding. "The 15M equity component of the EIC can be an ideal contribution to IQM's Series A funding round." says a beaming Dr. Juha Vartiainen, COO and co-founder of IQM.The new funding also supports IQMs recent establishment of its new underground quantum computing infrastructure capable of housing the first European farm of quantum computers. IQM provides the full hardware stack for a quantum computer, integrating different technologies, and invites collaborations with quantum software companies. Brilliant quantum software engineers are also welcomed to join IQM. About IQM:https://www.meetiqm.com/company/#aboutusIQM videos:https://www.youtube.com/channel/UCvjqSqZiJ715XVH3O3IF93QAbout EIC Accelerator (SME instrument) program:https://ec.europa.eu/easme/en/news/eic-accelerator-offers-new-blend-grants-and-equityAbout Business Finland:https://www.businessfinland.fi/en/for-finnish-customers/about-us/in-brief/IQM PR CONTACTSIQMContacts for questions and comments:DrJan GoetzCEO,IQMemail:[emailprotected] tel.+358 505 666483(English & German)ProfMikkoMttnenChief Scientist, IQMemail: [emailprotected]tel.+358 505 940950(English & Finnish)DrKuanYen TanChieftechnology officer,IQMemail:[emailprotected]tel.+358504778091(English & Chinese)SOURCE IQM Finland Oy Related Links http://meetiqm.com/contact/

edtsum476

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: SALT LAKE CITY, Dec. 2, 2020 /PRNewswire/ -- Younique announced a new one-week skincare sale, which started November 30th. Shoppers have the opportunity to save on a new cleansing balm and rose water when purchased together. A 25% discount on all combo orders makes this one of the better sales during Younique's Holiday Bliss event.The cleansing balm and rose water work together to provide a fresh look and feel after each use.Cleansing BalmThe new cleansing balm offered by Younique acts similarly to a makeup remover. The new balm helps clean up the face, by removing makeup, even waterproof products.All ingredients in the cleansing balm keep the skin looking fresh during the process. When cleansing the face or removing makeup, people can run the risk of doing damage to their skin by rubbing too hard or using products with harsh ingredients. All the ingredients in the cleansing balm are safe for all skin types. Some of which are nourishing oils to keep skin feeling its best. After using the cleansing balm, simply rinse it off and follow with your usual cleanser for the best results.Rose WaterRose water has long been used as a way to soothe and refresh skin. A combination of rose extract and essential vitamins can improve a person's skin after just one use. Consistent use as part of a regular skincare routine can provide outstanding benefits for any age.Ingredients in rose water make it one of the most trusted products for all skin types. Rose extract, bitter orange flower extract, sodium hyaluronate can refresh skin at any time during the day.Holiday Bliss Sale Wrapping UpOnly a few more sales remain during the Holiday Bliss event from Younique. Customers can continue to save during this special time of year. Each new deal is available for a short amount of time, so shoppers need to act quickly while supplies last.More on YouniqueYounique is the first direct sales company to pioneer the social media-based business model. Founded by brother-sister team Derek Maxfield and Melanie Huscroft, Younique offers women the opportunity to look and feel great while helping advance the brand's mission to uplift, empower, validate, and ultimately build self-esteem in women around the world. A mission-based company, Younique proudly supports The Younique Foundation with 10% of the profits from the sale of Younique products donated to support survivors of sexual abuse. For more information, please visit Youniqueproducts.com.Jeff HansenDigital Marketing ManagerGood Guy News8016871404 Younique Holiday Sale This release was issued through WebWire. For more information, visit http://www.webwire.com. SOURCE Younique Answer:

Younique Jumps into December with Skin Care Sale on Cleansing Balm and Rose Water

SALT LAKE CITY, Dec. 2, 2020 /PRNewswire/ -- Younique announced a new one-week skincare sale, which started November 30th. Shoppers have the opportunity to save on a new cleansing balm and rose water when purchased together. A 25% discount on all combo orders makes this one of the better sales during Younique's Holiday Bliss event.The cleansing balm and rose water work together to provide a fresh look and feel after each use.Cleansing BalmThe new cleansing balm offered by Younique acts similarly to a makeup remover. The new balm helps clean up the face, by removing makeup, even waterproof products.All ingredients in the cleansing balm keep the skin looking fresh during the process. When cleansing the face or removing makeup, people can run the risk of doing damage to their skin by rubbing too hard or using products with harsh ingredients. All the ingredients in the cleansing balm are safe for all skin types. Some of which are nourishing oils to keep skin feeling its best. After using the cleansing balm, simply rinse it off and follow with your usual cleanser for the best results.Rose WaterRose water has long been used as a way to soothe and refresh skin. A combination of rose extract and essential vitamins can improve a person's skin after just one use. Consistent use as part of a regular skincare routine can provide outstanding benefits for any age.Ingredients in rose water make it one of the most trusted products for all skin types. Rose extract, bitter orange flower extract, sodium hyaluronate can refresh skin at any time during the day.Holiday Bliss Sale Wrapping UpOnly a few more sales remain during the Holiday Bliss event from Younique. Customers can continue to save during this special time of year. Each new deal is available for a short amount of time, so shoppers need to act quickly while supplies last.More on YouniqueYounique is the first direct sales company to pioneer the social media-based business model. Founded by brother-sister team Derek Maxfield and Melanie Huscroft, Younique offers women the opportunity to look and feel great while helping advance the brand's mission to uplift, empower, validate, and ultimately build self-esteem in women around the world. A mission-based company, Younique proudly supports The Younique Foundation with 10% of the profits from the sale of Younique products donated to support survivors of sexual abuse. For more information, please visit Youniqueproducts.com.Jeff HansenDigital Marketing ManagerGood Guy News8016871404 Younique Holiday Sale This release was issued through WebWire. For more information, visit http://www.webwire.com. SOURCE Younique

edtsum477

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 JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities: About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Populars principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida. Answer:

Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities: About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Populars principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.

edtsum478

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, Jan. 16, 2021 /PRNewswire/ --Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between November 27, 2020 and December 31, 2020, inclusive (the "Class Period") of the important March 8, 2021 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for QuantumScape investors under the federal securities laws. To join the QuantumScape class action, go to http://www.rosenlegal.com/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [emailprotected] or [emailprotected] for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company's purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) the Company's battery technology was not sufficient for electric vehicle performance as it would not be able to withstand the aggressive automotive environment; (3) the Company's battery technology likely provided no meaningful improvement over existing battery technology;(4) the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles (5) the successful commercialization of the Company's battery technology was subject to much more significant risks and uncertainties than defendants had disclosed; and (6) as a result of the foregoing, defendants materially overstated the value and prospects of the Company's battery technology.When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-2017.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [emailprotected] or [emailprotected]. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [emailprotected] [emailprotected] [emailprotected] www.rosenlegal.com SOURCE Rosen Law Firm, P.A. Related Links http://www.rosenlegal.com Answer:

ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - QS

NEW YORK, Jan. 16, 2021 /PRNewswire/ --Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between November 27, 2020 and December 31, 2020, inclusive (the "Class Period") of the important March 8, 2021 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for QuantumScape investors under the federal securities laws. To join the QuantumScape class action, go to http://www.rosenlegal.com/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [emailprotected] or [emailprotected] for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company's purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) the Company's battery technology was not sufficient for electric vehicle performance as it would not be able to withstand the aggressive automotive environment; (3) the Company's battery technology likely provided no meaningful improvement over existing battery technology;(4) the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles (5) the successful commercialization of the Company's battery technology was subject to much more significant risks and uncertainties than defendants had disclosed; and (6) as a result of the foregoing, defendants materially overstated the value and prospects of the Company's battery technology.When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-2017.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [emailprotected] or [emailprotected]. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [emailprotected] [emailprotected] [emailprotected] www.rosenlegal.com SOURCE Rosen Law Firm, P.A. Related Links http://www.rosenlegal.com

edtsum479

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: FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, today announced that it has priced an underwritten public offering of 4,000,000 of its ordinary shares at $31.75 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 of its ordinary shares at the public offering price, less underwriting commissions. The offering was upsized from the previously announced public offering of 3,500,000 ordinary shares. The Company intends to use the net proceeds it receives from the offering for general corporate purposes, which may include capital expenditures, potential acquisitions, growth opportunities, and strategic transactions. The offering is expected to close on December 14, 2020, subject to the satisfaction of customary closing conditions. Stifel and Cowen are acting as joint book-running managers and representatives of the underwriters for the offering. Needham & Company, B. Riley Securities, and D.A. Davidson & Co. are acting as co-managers for the offering. The shares are being offered by the Company pursuant to an effective shelf registration statement on Form S-3 that was filed with the Securities and Exchange Commission (SEC) on August 3, 2020 and became effective on September 3, 2020. This offering is being made only by means of a prospectus supplement and accompanying base prospectus that form a part of the registration statement. A preliminary prospectus supplement relating to and describing the terms of the offering was filed with the SEC on December 8, 2020, copies of which may be obtained for free by visiting EDGAR on the SECs website at www.sec.gov. The prospectus supplement and accompanying base prospectus may also be obtained by sending a request to: Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at 415-364-2720 or by email at syndprospectus@stifel.com; or Cowen and Company, LLC, c/o Broadridge Financial Services, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, by telephone at (833) 297-2926, or by email at PostSaleManualRequests@broadridge.com. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Companys ordinary shares or any other securities, and there shall not be any offer, solicitation, or sale of securities mentioned in this press release 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 such any state or jurisdiction. About Ichor We are a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Our product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor, and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also manufacture precision-machined components, weldments, and proprietary products for use in fluid delivery systems for direct sales to our customers, as well as certain components for internal use in fluid delivery systems and for direct sales to our customers. This vertically-integrated portion of our business is primarily focused on metal and plastic parts that are used in gas and chemical systems, respectively. We are headquartered in Fremont, CA. Safe Harbor Statement This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and include statements regarding the completion, timing, size and use of proceeds of the public offering that involve risks and uncertainties, including, without limitation, risks and uncertainties related to market conditions and the satisfaction of closing conditions related to the public offering. These forward-looking statements are subject to risks and uncertainties that are beyond the Companys ability to control. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the Companys business in general, please refer to the Company's Annual Report on Form 10-K for the year ended December 27, 2019 and Quarterly Reports on Form 10-Q for the quarterly periods ended March 27, 2020 and June 26, 2020, together with all of the other information contained in the preliminary prospectus supplement filed with the SEC on December 8, 2020. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Answer:

Ichor Announces Pricing of Upsized Public Offering of 4,000,000 Ordinary Shares

FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, today announced that it has priced an underwritten public offering of 4,000,000 of its ordinary shares at $31.75 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 of its ordinary shares at the public offering price, less underwriting commissions. The offering was upsized from the previously announced public offering of 3,500,000 ordinary shares. The Company intends to use the net proceeds it receives from the offering for general corporate purposes, which may include capital expenditures, potential acquisitions, growth opportunities, and strategic transactions. The offering is expected to close on December 14, 2020, subject to the satisfaction of customary closing conditions. Stifel and Cowen are acting as joint book-running managers and representatives of the underwriters for the offering. Needham & Company, B. Riley Securities, and D.A. Davidson & Co. are acting as co-managers for the offering. The shares are being offered by the Company pursuant to an effective shelf registration statement on Form S-3 that was filed with the Securities and Exchange Commission (SEC) on August 3, 2020 and became effective on September 3, 2020. This offering is being made only by means of a prospectus supplement and accompanying base prospectus that form a part of the registration statement. A preliminary prospectus supplement relating to and describing the terms of the offering was filed with the SEC on December 8, 2020, copies of which may be obtained for free by visiting EDGAR on the SECs website at www.sec.gov. The prospectus supplement and accompanying base prospectus may also be obtained by sending a request to: Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at 415-364-2720 or by email at syndprospectus@stifel.com; or Cowen and Company, LLC, c/o Broadridge Financial Services, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, by telephone at (833) 297-2926, or by email at PostSaleManualRequests@broadridge.com. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Companys ordinary shares or any other securities, and there shall not be any offer, solicitation, or sale of securities mentioned in this press release 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 such any state or jurisdiction. About Ichor We are a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Our product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor, and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also manufacture precision-machined components, weldments, and proprietary products for use in fluid delivery systems for direct sales to our customers, as well as certain components for internal use in fluid delivery systems and for direct sales to our customers. This vertically-integrated portion of our business is primarily focused on metal and plastic parts that are used in gas and chemical systems, respectively. We are headquartered in Fremont, CA. Safe Harbor Statement This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and include statements regarding the completion, timing, size and use of proceeds of the public offering that involve risks and uncertainties, including, without limitation, risks and uncertainties related to market conditions and the satisfaction of closing conditions related to the public offering. These forward-looking statements are subject to risks and uncertainties that are beyond the Companys ability to control. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the Companys business in general, please refer to the Company's Annual Report on Form 10-K for the year ended December 27, 2019 and Quarterly Reports on Form 10-Q for the quarterly periods ended March 27, 2020 and June 26, 2020, together with all of the other information contained in the preliminary prospectus supplement filed with the SEC on December 8, 2020. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

edtsum480

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--(BUSINESS WIRE)--Bluma Wellness Inc. (the Company or Bluma Wellness) (CSE: BWEL.U) (OTCQX:BMWLF) announces that its wholly-owned, indirect operating subsidiary, 3 Boys Farm, LLC (d/b/a One Plant Florida) (One Plant Florida), has agreed to borrow the principal amount of US$7,500,000 (the Loan) from a subsidiary of Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (Cresco). The proceeds of the Loan are expected to be used for capital expenditures associated with the expansion of One Plants operations in the State of Florida and to satisfy tax liabilities relating to the settlement of vested restricted share units (each an RSU). The unpaid principal amount of the Loan, together with all accrued and unpaid interest, will be due and payable, in cash, on the earlier of (i) the termination or expiration of the arrangement agreement between Cresco and the Company dated January 13, 2021; and (ii) December 31, 2021, unless declared due and payable prior to maturity as a result of an event of default. The Loan may be prepaid in whole or in part at any time, without premium or penalty. About Bluma Wellness Inc. Bluma Wellness Inc. owns and operates a vertically-integrated, licensed medical cannabis company in the State of Florida doing business as One Plant Florida. One Plant Florida cultivates, processes, dispenses and retails medical cannabis to qualified patients in the State of Florida through multiple retail dispensaries and an innovative next-day door-to-door e-commerce home delivery service, thereby offering convenient access for its customers and meeting the demands of an evolving retail landscape. Bluma Wellness plans to continue expanding its cultivation and distribution operations as the Florida market grows. Additional Information The Companys securities have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States or to a U.S. Person absent registration or an applicable exemption from the registration requirement. 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 the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Forward-Looking Information This news release contains forward-looking information within the meaning of applicable Canadian securities laws including information relating to the expected use of the proceeds of the Loan and its repayment. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things: risks relating to cannabis being illegal under US federal law and risks of US federal enforcement actions related to cannabis activities; the Company's ability to comply with all applicable governmental regulations in a highly regulated business; negative changes in the political environment or in the regulation of medical cannabis in the state of Florida; the risk of any disruptions to the Companys business and operations as a result of the COVID-19 pandemic; negative shifts in public opinion and perception of the cannabis industry and cannabis consumption; increasing competition in the industry; risks of product liability and other safety-related liability as a result of usage of the Companys cannabis products; the Companys limited operating history with no assurance of profitability; the ability of the Company to access future financing if needed or on terms acceptable to the Company; the risk of defaulting on its existing debt; risk of shortages of or price increases in key inputs, suppliers and skilled labor; the risks inherent in running agricultural operations such as pests and crop failure; loss of licenses; reliance on key personnel; cybersecurity risks; constraints on marketing products; fraudulent activity by employees, contractors and consultants; tax and insurance related risks and risk of litigation. The forward-looking information in this press release are made as of the date of this release. The Company does not undertake any obligation to update forward-looking information except as required by applicable securities laws. Answer:

Bluma Wellness Announces US$7.5 Million Loan from Cresco Labs

TORONTO--(BUSINESS WIRE)--Bluma Wellness Inc. (the Company or Bluma Wellness) (CSE: BWEL.U) (OTCQX:BMWLF) announces that its wholly-owned, indirect operating subsidiary, 3 Boys Farm, LLC (d/b/a One Plant Florida) (One Plant Florida), has agreed to borrow the principal amount of US$7,500,000 (the Loan) from a subsidiary of Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (Cresco). The proceeds of the Loan are expected to be used for capital expenditures associated with the expansion of One Plants operations in the State of Florida and to satisfy tax liabilities relating to the settlement of vested restricted share units (each an RSU). The unpaid principal amount of the Loan, together with all accrued and unpaid interest, will be due and payable, in cash, on the earlier of (i) the termination or expiration of the arrangement agreement between Cresco and the Company dated January 13, 2021; and (ii) December 31, 2021, unless declared due and payable prior to maturity as a result of an event of default. The Loan may be prepaid in whole or in part at any time, without premium or penalty. About Bluma Wellness Inc. Bluma Wellness Inc. owns and operates a vertically-integrated, licensed medical cannabis company in the State of Florida doing business as One Plant Florida. One Plant Florida cultivates, processes, dispenses and retails medical cannabis to qualified patients in the State of Florida through multiple retail dispensaries and an innovative next-day door-to-door e-commerce home delivery service, thereby offering convenient access for its customers and meeting the demands of an evolving retail landscape. Bluma Wellness plans to continue expanding its cultivation and distribution operations as the Florida market grows. Additional Information The Companys securities have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States or to a U.S. Person absent registration or an applicable exemption from the registration requirement. 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 the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Forward-Looking Information This news release contains forward-looking information within the meaning of applicable Canadian securities laws including information relating to the expected use of the proceeds of the Loan and its repayment. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things: risks relating to cannabis being illegal under US federal law and risks of US federal enforcement actions related to cannabis activities; the Company's ability to comply with all applicable governmental regulations in a highly regulated business; negative changes in the political environment or in the regulation of medical cannabis in the state of Florida; the risk of any disruptions to the Companys business and operations as a result of the COVID-19 pandemic; negative shifts in public opinion and perception of the cannabis industry and cannabis consumption; increasing competition in the industry; risks of product liability and other safety-related liability as a result of usage of the Companys cannabis products; the Companys limited operating history with no assurance of profitability; the ability of the Company to access future financing if needed or on terms acceptable to the Company; the risk of defaulting on its existing debt; risk of shortages of or price increases in key inputs, suppliers and skilled labor; the risks inherent in running agricultural operations such as pests and crop failure; loss of licenses; reliance on key personnel; cybersecurity risks; constraints on marketing products; fraudulent activity by employees, contractors and consultants; tax and insurance related risks and risk of litigation. The forward-looking information in this press release are made as of the date of this release. The Company does not undertake any obligation to update forward-looking information except as required by applicable securities laws.

edtsum481

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: WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) announced today that it will present at the 3rd Annual Evercore ISI Virtual HealthCONx Conference on Tuesday, December 1, 2020 at 10:30 a.m. EST. The presentation will be webcast live and can be accessed at Investor.Incyte.com and will be available for replay for 90 days. About Incyte Incyte is a Wilmington, Delaware-based, global biopharmaceutical company focused on finding solutions for serious unmet medical needs through the discovery, development and commercialization of proprietary therapeutics. For additional information on Incyte, please visit Incyte.com and follow @Incyte. Answer:

Incyte to Present at Upcoming Investor Conference

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) announced today that it will present at the 3rd Annual Evercore ISI Virtual HealthCONx Conference on Tuesday, December 1, 2020 at 10:30 a.m. EST. The presentation will be webcast live and can be accessed at Investor.Incyte.com and will be available for replay for 90 days. About Incyte Incyte is a Wilmington, Delaware-based, global biopharmaceutical company focused on finding solutions for serious unmet medical needs through the discovery, development and commercialization of proprietary therapeutics. For additional information on Incyte, please visit Incyte.com and follow @Incyte.

edtsum482

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, June 11, 2020 /PRNewswire/ -- Scientists and experts in public health and tobacco control are highlighting the need for 1.1 billion smokers, and millions of adults who have switched away from smoking, to access appropriately regulated safer nicotine products such as vapes (e-cigarettes), Swedish snus, nicotine pouches and heated tobacco products, an approach called tobacco harm reduction. Participants can watch the GFN 2020 conference taking place online today and tomorrow. (PRNewsfoto/KAC Communications) This year, the seventh annual Global Forum on Nicotine (GFN), the only international conference focused on safer nicotine products' role in reducing smoking-related harms, is a free online conference (Thursday 11/Friday 12 June) due to COVID-19. Thirty experts are speaking on a diverse range of topics related to nicotine, including the latest evidence on the interplay between nicotine, smoking and COVID-19; the impact of the deliberate and continued misattribution of the so-called "EVALI" lung-injury crisis to nicotine vaping instead of illicit THC; moral panics over low youth vaping rates taking precedence over the health of millions of adult smokers and vapers and Big Philanthropy's effect on global public health. Smoking is the single biggest cause of non-communicable disease (NCD). It kills half of all those who smoke. The Global Burden of Disease study estimates that smoking directly accounted for 7.1 million premature deaths in 2017, with an additional 1.2 million deaths attributed to second-hand smoke.For decades it has been known that it is the burning of tobacco, and the release and inhalation of smoke, that causes disease. Nicotine itself is not a carcinogen. The UK Royal College of Physicians recognised in a 2016 report that "any long-term hazards of nicotine are likely to be of minimal consequence in relation to those associated with continued tobacco use."While tobacco control efforts led by international agencies such as the WHO have lowered global smoking rates, much remains to be done. 80% of the world's smokers live in low and middle income countries, those least able to implement tobacco control measures and with healthcare systems least able to cope with the disease burden of smoking.Many smokers can quit alone or with nicotine replacement therapies (NRT). Many cannot, or are unable to access or afford NRT. Where available and affordable, safer nicotine products such as vapes and snus give smokers more options to leave combustible tobacco behind. International tobacco control operates along prohibitionist lines, despite harm reduction approaches being successfully integrated into the response to many other public health issues since the 1980s.GFN conference director Professor Gerry Stimson, emeritus professor at Imperial College London and former honorary professor at the London School of Hygiene and Tropical Medicine, said:"Tobacco harm reduction is good public health. It starts with the people who matter people who smoke, and people who have switched to a chosen alternative and it fosters and encourages change. Tobacco harm reduction is not antithetical to tobacco control; it should be part of it."Currently, obstacles to widespread adoption of tobacco harm reduction include big US philanthropic foundations with a myopic view of tobacco control, creating divisions where none should exist, and international organisations wedded to a narrow view of what defines success. The global public health community must develop more ambition about what can be done as well as a healthy dose of compassion for the individuals living with the consequences of inaction, of whom around seven million will die this year."Professor David Sweanor, of the Centre for Health Law, Policy and Ethics at the University of Ottawa, is a speaker at GFN. As a lawyer, he was instrumental in regulation of tobacco products and in lawsuits against tobacco companies. He said:"Consumers in many countries including Sweden, Norway, Iceland and now Japan have shown they move to alternatives to cigarettes when they get an option to. Imagine what would happen if people get access to a broad range of low-risk alternatives to cigarettes, if they get information on relative risk, and if they're nudged toward those options through intelligent, risk-proportionate regulation? The opportunity we have is to fundamentally change the course of public health history, relegating cigarettes to history's ashtray."Usually, GFN is funded solely by registration fees. This year, it is offered for free with the organisers bearing the cost. The event has an open door policy. Consumers, policymakers, academics, scientists and public health experts participate alongside representatives from manufacturers and distributors of safer nicotine products. The event organisers believe that dialogue and strategic engagement of all stakeholders involved in tobacco and nicotine use, control and production is the only way to effect true, sustainable change - both to industry practices and the public health outcomes related to smoking.Access #GFN20: https://gfn.eventsPhoto - https://mma.prnewswire.com/media/1178962/KAC_Communications_GFN_2020.jpgSOURCE KAC CommunicationsMedia Contact: Ruth Goldsmith [emailprotected] +48-501-188-768 KAC Communications Related Links https://gfn.events/ Answer:

Global Pandemic of Smoking-related Disease to Kill Seven Million More in 2020: Viable Solutions Blocked by Moral Panics and Big Philanthropy English English English

LONDON, June 11, 2020 /PRNewswire/ -- Scientists and experts in public health and tobacco control are highlighting the need for 1.1 billion smokers, and millions of adults who have switched away from smoking, to access appropriately regulated safer nicotine products such as vapes (e-cigarettes), Swedish snus, nicotine pouches and heated tobacco products, an approach called tobacco harm reduction. Participants can watch the GFN 2020 conference taking place online today and tomorrow. (PRNewsfoto/KAC Communications) This year, the seventh annual Global Forum on Nicotine (GFN), the only international conference focused on safer nicotine products' role in reducing smoking-related harms, is a free online conference (Thursday 11/Friday 12 June) due to COVID-19. Thirty experts are speaking on a diverse range of topics related to nicotine, including the latest evidence on the interplay between nicotine, smoking and COVID-19; the impact of the deliberate and continued misattribution of the so-called "EVALI" lung-injury crisis to nicotine vaping instead of illicit THC; moral panics over low youth vaping rates taking precedence over the health of millions of adult smokers and vapers and Big Philanthropy's effect on global public health. Smoking is the single biggest cause of non-communicable disease (NCD). It kills half of all those who smoke. The Global Burden of Disease study estimates that smoking directly accounted for 7.1 million premature deaths in 2017, with an additional 1.2 million deaths attributed to second-hand smoke.For decades it has been known that it is the burning of tobacco, and the release and inhalation of smoke, that causes disease. Nicotine itself is not a carcinogen. The UK Royal College of Physicians recognised in a 2016 report that "any long-term hazards of nicotine are likely to be of minimal consequence in relation to those associated with continued tobacco use."While tobacco control efforts led by international agencies such as the WHO have lowered global smoking rates, much remains to be done. 80% of the world's smokers live in low and middle income countries, those least able to implement tobacco control measures and with healthcare systems least able to cope with the disease burden of smoking.Many smokers can quit alone or with nicotine replacement therapies (NRT). Many cannot, or are unable to access or afford NRT. Where available and affordable, safer nicotine products such as vapes and snus give smokers more options to leave combustible tobacco behind. International tobacco control operates along prohibitionist lines, despite harm reduction approaches being successfully integrated into the response to many other public health issues since the 1980s.GFN conference director Professor Gerry Stimson, emeritus professor at Imperial College London and former honorary professor at the London School of Hygiene and Tropical Medicine, said:"Tobacco harm reduction is good public health. It starts with the people who matter people who smoke, and people who have switched to a chosen alternative and it fosters and encourages change. Tobacco harm reduction is not antithetical to tobacco control; it should be part of it."Currently, obstacles to widespread adoption of tobacco harm reduction include big US philanthropic foundations with a myopic view of tobacco control, creating divisions where none should exist, and international organisations wedded to a narrow view of what defines success. The global public health community must develop more ambition about what can be done as well as a healthy dose of compassion for the individuals living with the consequences of inaction, of whom around seven million will die this year."Professor David Sweanor, of the Centre for Health Law, Policy and Ethics at the University of Ottawa, is a speaker at GFN. As a lawyer, he was instrumental in regulation of tobacco products and in lawsuits against tobacco companies. He said:"Consumers in many countries including Sweden, Norway, Iceland and now Japan have shown they move to alternatives to cigarettes when they get an option to. Imagine what would happen if people get access to a broad range of low-risk alternatives to cigarettes, if they get information on relative risk, and if they're nudged toward those options through intelligent, risk-proportionate regulation? The opportunity we have is to fundamentally change the course of public health history, relegating cigarettes to history's ashtray."Usually, GFN is funded solely by registration fees. This year, it is offered for free with the organisers bearing the cost. The event has an open door policy. Consumers, policymakers, academics, scientists and public health experts participate alongside representatives from manufacturers and distributors of safer nicotine products. The event organisers believe that dialogue and strategic engagement of all stakeholders involved in tobacco and nicotine use, control and production is the only way to effect true, sustainable change - both to industry practices and the public health outcomes related to smoking.Access #GFN20: https://gfn.eventsPhoto - https://mma.prnewswire.com/media/1178962/KAC_Communications_GFN_2020.jpgSOURCE KAC CommunicationsMedia Contact: Ruth Goldsmith [emailprotected] +48-501-188-768 KAC Communications Related Links https://gfn.events/

edtsum483

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: MINNEAPOLIS, Dec. 21, 2020 /PRNewswire/ -- Target Corporation(NYSE:TGT) is making last-minute holiday shopping fast, safe and easy in the final days before Christmas, inviting guests to use its contactless same-day pickup and delivery options up until 5 p.m. on Christmas Eve no membership required. Order Pickup and Drive Up: Guests can place their orders at the click of a button up to 5 p.m. on Dec. 24 to ensure free pickup up to the very last minute. Same-Day Delivery with Shipt: Orders can be delivered to guests' doorsteps by professional shoppers as late as 5 p.m. on Dec. 24. Delivery times vary by location and shopper availability. "Target teams across the country are ready to help guests get their last-minute items safely and easily," says Mark Schindele, Target's chief stores officer. "All season long, our nearly 1,900 stores have been delivering holiday joy to our guests no matter how they want to shop, and we've dedicated even more team members to our same-day services to make sure guests can get their online orders in plenty of time to celebrate." For guests looking to check a few final gifts off their holiday shopping lists, Target has taken steps to make its same-day services even safer and easier for last-minute shopping with: Thousands more gifts and essentials available via its popular same-day services this holiday. Target's free, contactless Order Pickup and Drive Up services offer a broad assortment across the store, ranging from gifts and dcor to place settings and fresh groceries ready within hours. Same-Day Delivery with Shipt also offers thousands of products, including the most popular gifts of 2020, groceries, apparel, cleaning supplies and essentials for the whole family. Double the Drive Up parking spaces from last year. Drive Up, Target's highest-rated service, allows guests to shop for thousands of items via the Target app and have them brought directly to their cars within minutes of arriving at the store. New this holiday season, Target doubled the total number of Drive Up spots adding nearly 8,000 more making it easier and faster for guests to pick up their orders. Even more helpful team members dedicated to safe and speedy service. This holiday, twice as many store team members will be focused on delivering same-day service than last year. Shipt also added 150,000 shoppers this season so even more same-day delivery windows are available for guests with last-minute gift lists. No membership required. Guests can enjoy these same-day fulfillment options to score all the items they need, up until the very last minute (5 p.m. on Dec. 24), without needing a membership. For more information about Target's same-day fulfillment services and how the retailer is making the holiday shopping season reliable, safe and more convenient than ever, visit Target.com. About Target CorporationMinneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 1,900 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals millions of dollars a week. For the latest store countor for more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter. SOURCE Target Corporation Related Links www.target.com Answer:

Target Announces Contactless Pick Up and At-Home Delivery Services Through 5 p.m. Dec. 24 - With shipping cutoffs passed, guests can safely shop until the last minute using Target's fast and contactless pickup and delivery services -- no membership required

MINNEAPOLIS, Dec. 21, 2020 /PRNewswire/ -- Target Corporation(NYSE:TGT) is making last-minute holiday shopping fast, safe and easy in the final days before Christmas, inviting guests to use its contactless same-day pickup and delivery options up until 5 p.m. on Christmas Eve no membership required. Order Pickup and Drive Up: Guests can place their orders at the click of a button up to 5 p.m. on Dec. 24 to ensure free pickup up to the very last minute. Same-Day Delivery with Shipt: Orders can be delivered to guests' doorsteps by professional shoppers as late as 5 p.m. on Dec. 24. Delivery times vary by location and shopper availability. "Target teams across the country are ready to help guests get their last-minute items safely and easily," says Mark Schindele, Target's chief stores officer. "All season long, our nearly 1,900 stores have been delivering holiday joy to our guests no matter how they want to shop, and we've dedicated even more team members to our same-day services to make sure guests can get their online orders in plenty of time to celebrate." For guests looking to check a few final gifts off their holiday shopping lists, Target has taken steps to make its same-day services even safer and easier for last-minute shopping with: Thousands more gifts and essentials available via its popular same-day services this holiday. Target's free, contactless Order Pickup and Drive Up services offer a broad assortment across the store, ranging from gifts and dcor to place settings and fresh groceries ready within hours. Same-Day Delivery with Shipt also offers thousands of products, including the most popular gifts of 2020, groceries, apparel, cleaning supplies and essentials for the whole family. Double the Drive Up parking spaces from last year. Drive Up, Target's highest-rated service, allows guests to shop for thousands of items via the Target app and have them brought directly to their cars within minutes of arriving at the store. New this holiday season, Target doubled the total number of Drive Up spots adding nearly 8,000 more making it easier and faster for guests to pick up their orders. Even more helpful team members dedicated to safe and speedy service. This holiday, twice as many store team members will be focused on delivering same-day service than last year. Shipt also added 150,000 shoppers this season so even more same-day delivery windows are available for guests with last-minute gift lists. No membership required. Guests can enjoy these same-day fulfillment options to score all the items they need, up until the very last minute (5 p.m. on Dec. 24), without needing a membership. For more information about Target's same-day fulfillment services and how the retailer is making the holiday shopping season reliable, safe and more convenient than ever, visit Target.com. About Target CorporationMinneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 1,900 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals millions of dollars a week. For the latest store countor for more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter. SOURCE Target Corporation Related Links www.target.com

edtsum484

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)--Beyond.Inc, a leading strategic consulting organization focused on board-level advisory services and mentorship, today launched its suite of products designed to build a new generation of leaders. The Beyond.Inc approach uses psychology-based insights, coupled with leading business practices, to enable great leaders to make great organizations. Under development for more than four years, including hundreds of hours of discussions with Silicon Valley leaders, the consistent issue addressed was fear. Fear impacts the leader, the team, and the entire organization if not addressed. Too often the obstacles in our path are put there by ourselves, says Todd Wilms, CEO of Beyond.Inc Institutions of higher learning are teaching practical business skills, but short-change students on the psychological aspects of leading and growing an organization. Beyond.Inc surveyed 1,000 U.S. business decision-makers and eight out of 10 (82%) responded they had some level of fear about starting something new (i.e., a new hobby, a new job/career), with 12% of fearful respondents listing a very fearful response. Beyond.Incs approach focuses on removing obstacles and rethinking fear. Fear in leadership historically was viewed as something to tackle and control. However, with fear as an ally, leadership opens up to new possibilities and new innovations. Features and benefits of the Beyond.Inc suite include: We found the Beyond.Inc approach and mentoring is significant for our up-and-coming leaders, as well as few seasoned veterans, said Antonio Trincao, CEO of YouCan, a virtual experience event company. The Beyond.Inc approach is built on trust, yielding both a strategic influence on the organization as well as directly strengthening our team to support our growth. We experienced tangible benefits to our leaders focus, communication, and collaboration with the organization. Essentially, they built us up and prepared us for the rocky journey of startup organizations. About Beyond.inc Beyond.inc is the alignment of three products and services, developed over four years, for promoting a new way of leading. From Board Advising, mentoring and strategic services with a focus on business psychology, Beyond.Inc helps develop and promote new talent and new organizations, including leaders from SAP, PwC, YouCan, Beazy, and GroomGuy. Methodology Beyond.Inc surveyed a probabilistic sample with 95% confidence (+/- 3% margin of error), based on census data across 1,000 US citizens with a focus on business decision makers to achieve a level of highly reliable results and analysis. Answer:

Beyond.Inc is Reframing Fear to Create a Compelling New Leadership Style The Best of Silicon Valley are Rethinking Fear for a Competitive Advantage

SAN FRANCISCO--(BUSINESS WIRE)--Beyond.Inc, a leading strategic consulting organization focused on board-level advisory services and mentorship, today launched its suite of products designed to build a new generation of leaders. The Beyond.Inc approach uses psychology-based insights, coupled with leading business practices, to enable great leaders to make great organizations. Under development for more than four years, including hundreds of hours of discussions with Silicon Valley leaders, the consistent issue addressed was fear. Fear impacts the leader, the team, and the entire organization if not addressed. Too often the obstacles in our path are put there by ourselves, says Todd Wilms, CEO of Beyond.Inc Institutions of higher learning are teaching practical business skills, but short-change students on the psychological aspects of leading and growing an organization. Beyond.Inc surveyed 1,000 U.S. business decision-makers and eight out of 10 (82%) responded they had some level of fear about starting something new (i.e., a new hobby, a new job/career), with 12% of fearful respondents listing a very fearful response. Beyond.Incs approach focuses on removing obstacles and rethinking fear. Fear in leadership historically was viewed as something to tackle and control. However, with fear as an ally, leadership opens up to new possibilities and new innovations. Features and benefits of the Beyond.Inc suite include: We found the Beyond.Inc approach and mentoring is significant for our up-and-coming leaders, as well as few seasoned veterans, said Antonio Trincao, CEO of YouCan, a virtual experience event company. The Beyond.Inc approach is built on trust, yielding both a strategic influence on the organization as well as directly strengthening our team to support our growth. We experienced tangible benefits to our leaders focus, communication, and collaboration with the organization. Essentially, they built us up and prepared us for the rocky journey of startup organizations. About Beyond.inc Beyond.inc is the alignment of three products and services, developed over four years, for promoting a new way of leading. From Board Advising, mentoring and strategic services with a focus on business psychology, Beyond.Inc helps develop and promote new talent and new organizations, including leaders from SAP, PwC, YouCan, Beazy, and GroomGuy. Methodology Beyond.Inc surveyed a probabilistic sample with 95% confidence (+/- 3% margin of error), based on census data across 1,000 US citizens with a focus on business decision makers to achieve a level of highly reliable results and analysis.

edtsum485

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 30, 2020 /PRNewswire/ -- Global Connectors Market 2020-2024 The analyst has been monitoring the global connectors market 2020-2024 and it is poised to grow by USD 16.95 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on global connectors market 2020-2024 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/p04340056/?utm_source=PRN 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 miniaturization of electronic devices. In addition, consolidation of market vendors is anticipated to boost the growth of the global connectors market 2020-2024 as well. Market Segmentation The global connectors market 2020-2024 is segmented as below: Application: Automotive IT Telecom/Datacom Industrial Product: PCB Connectors I/O Rectangular Application-Specific Others Geographic Segmentation: North America APAC Europe South America MEA Key Trends for global connectors market 2020-2024 growth This study identifies consolidation of market vendors as the prime reasons driving the global connectors market 2020-2024 growth during the next few years. Prominent vendors in global connectors market 2020-2024 We provide a detailed analysis of around 25 vendors operating in the global connectors market 2020-2024, including some of the vendors such as 3M Co., ABB Ltd., Amphenol Corp., Aptiv Plc, Foxconn Interconnect Technology Ltd., Huawei Technologies Co. Ltd, METZ CONNECT GmbH, Rosenberger Hochfrequenztechnik GmbH & Co. KG, TE Connectivity Ltd. and Yazaki Corp. . 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.Read the full report: https://www.reportlinker.com/p04340056/?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 Connectors Market is expected to grow by USD 16.95 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period

NEW YORK, March 30, 2020 /PRNewswire/ -- Global Connectors Market 2020-2024 The analyst has been monitoring the global connectors market 2020-2024 and it is poised to grow by USD 16.95 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on global connectors market 2020-2024 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/p04340056/?utm_source=PRN 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 miniaturization of electronic devices. In addition, consolidation of market vendors is anticipated to boost the growth of the global connectors market 2020-2024 as well. Market Segmentation The global connectors market 2020-2024 is segmented as below: Application: Automotive IT Telecom/Datacom Industrial Product: PCB Connectors I/O Rectangular Application-Specific Others Geographic Segmentation: North America APAC Europe South America MEA Key Trends for global connectors market 2020-2024 growth This study identifies consolidation of market vendors as the prime reasons driving the global connectors market 2020-2024 growth during the next few years. Prominent vendors in global connectors market 2020-2024 We provide a detailed analysis of around 25 vendors operating in the global connectors market 2020-2024, including some of the vendors such as 3M Co., ABB Ltd., Amphenol Corp., Aptiv Plc, Foxconn Interconnect Technology Ltd., Huawei Technologies Co. Ltd, METZ CONNECT GmbH, Rosenberger Hochfrequenztechnik GmbH & Co. KG, TE Connectivity Ltd. and Yazaki Corp. . 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.Read the full report: https://www.reportlinker.com/p04340056/?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

edtsum486

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. 12, 2021 /PRNewswire/ -Trilogy Metals Inc. (TSX: TMQ)(NYSE American: TMQ) ("Trilogy Metals" or "the Company") announces its financial results for the year and fourth quarter ended November 30, 2020. Details of the Company's financial results are contained in the audited consolidated financial statements and Management's Discussion and Analysis in our annual report on Form 10-K which will be available on the Company's website at www.trilogymetals.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in United States dollars unless otherwise stated. Highlights Ambler Mining District Industrial Access Project receives final federal permits Feasibility Study for the Arctic Project completed and NI 43-101 report filed Strong cash position of $11.1M and $10.4M in working capital at year end Ambler Metals LLC ("Ambler Metals"), our joint venture with South32 Limited, has $81.7 million cash and $58.5 million loan receivable dedicated to advancing the Upper Kobuk Mineral Projects ("UKMP") 2020 Project Activities AMDIAP The Ambler Mining District Industrial Project ("AMDIAP" or "Ambler Access Project") reached significant project milestones. On March 27, 2020, the BLM, the lead federal agency for the permitting of the AMDIAP, released the Final Environmental Impact Statement ("EIS") for the AMDIAP. This follows on the Draft EIS completed on August 23, 2019. On July 23, 2020, the BLM issued the Joint Record of Decision ("JROD") for the Ambler Road Project. Along with the JROD, a Section 404 Permit, which is governed by the Clean Water Act, was issued by the United States Army Corp. of Engineers to the Alaska Industrial Development and Export Authority ("AIDEA"). On January 6, 2021, BLM, NPS and AIDEA signed Right-of-Way agreements giving AIDEA the ability to cross federally owned and managed lands along the route for the Ambler Access Project approved in the JROD. The authorizing documents with the two agencies are the final federal permits required for the Ambler Access Project. Arctic Feasibility Study The Company announced the positive results of its feasibility study for the Arctic Copper-Zinc-Lead-Silver-Gold Project (the "Arctic FS") on August 20, 2020. The Arctic FS describes the technical and economic viability of establishing a conventional open-pit copper-zinc-lead-silver-gold mine and mill complex for a 10,000 tonne per day operation for a minimum 12-year mine life. The Arctic FS resulted in a pre-tax Net Present Value ("NPV")8% of $1.6 Billion and an Internal Rate of Return ("IRR") of 31% for the base case and an after-tax NPV8% of $1.1 Billion and after-tax IRR of 27% for the base case. The base case scenario utilized long-term metal prices of $3.00/lb for copper, $1.10/lb for zinc, $1.00/lb for lead, $1,300/oz for gold and $18.00/oz for silver. At current spot metals prices of $3.55/lb copper, $1.18/lb zinc, $0.91/lb lead, $1,833/oz gold and $26.63/oz silver, the pre-tax NPV8% is $2.4 Billion and IRR is 40.1% and after-tax NPV8% is $1.7 Billion and IRR is 35.1%. Tony Giardini, the Company's President and CEO states, "Due to the polymetallic nature of the deposit, Arctic not only contains a significant amount of base metals but it will produce a significant amount of precious metals. The Arctic FS estimated an average annual payable gold and silver production of 32,000 ounces and 3.4 million ounces respectfully which, in total, represents 16% of Arctic's net revenue." On October 2, 2020, we filed the technical report for the Company's Arctic Project entitled "Arctic Feasibility Study Alaska, USA NI 43-101 Technical Report" with an effective date of August 20, 2020, prepared by Ausenco Engineering Canada Inc., Wood Canada Limited and SRK Consulting (Canada) Inc. (the "Arctic FS Technical Report"). Please refer to the Arctic FS Technical Report for additional information. Outlook for 2021 On November 19, 2020, the Company announced the approval of the 2021 program and budget for Ambler Metals of approximately $27 million to advance the UKMP. The budget is fully funded by Ambler Metals. Activities planned at the Arctic Project include 7,600 meters of drilling which will have the dual purpose of extracting additional material for metallurgical work and for the conversion of mineral resources into the measured category. The metallurgical program that is associated with this drilling will support variability test work and pilot plant work which will commence later in 2021. Engineering work will continue at Arctic with the aim of submitting the application for the Notice of Intent for the 404 Dredge and Fill Permit, which is covered by the Clean Water Act, to the United States Army Corps of Engineers. The Company currently anticipates Ambler Metals will submit the permit applications during the second half of 2021. Following up from the 2019 work performed along the 70-mile (100 kilometer) Ambler volcanogenic massive sulphide ("VMS") belt, Ambler Metals will continue exploration efforts along the belt to discover and define additional deposits that may provide additional feed to a future Arctic mill. Ambler Metals plans to conduct a 7,000-meter regional exploration drill campaign which is expected to commence in early summer and finish before the end of September. The drilling may be preceded by detailed geologic mapping, geochemical soil sampling and ground geophysics. The Company has approved a 2021 cash budget for corporate activities of approximately $5.3 million, which includes personnel and related costs of $2.0 million, professional fees of $1.1 million, investor relations and marketing costs of $0.6 million, office related costs of $0.5 million, insurance costs of $0.4 million and regulatory costs of $0.3 million. The Company's management team is focused on the oversight of our investment in Ambler Metals and will closely work with Ambler Metals as it starts its first field season as a new team and prepares to submit the permit applications for the development and operation of the Arctic Project during the second half of the year. The Company's technical staff will work closely with South32's technical team and Ambler Metals exploration staff to review opportunities on advancing its known deposits and look at potential new targets in the large land package that is held by Ambler Metals. Annual Financial Results The following selected annual information is prepared in accordance with U.S. GAAP. in thousands of dollars, except for per share amounts Selected financial results Year ended November 30, 2020 $ Year ended November 30, 2019 $ Year ended November 30, 2018 $ General and administrative 1,650 1,838 1,532 Mineral properties and feasibility study 2,610 19,211 16,490 Professional fees 1,347 1,382 453 Salaries 1,411 1,314 1,467 Salaries technical services 898 - - Salaries stock-based compensation 3,564 3,845 1,441 Loss held for trading of investments - - 272 Gain on derecognition of assets contributed to the joint venture (175,770) - - Equity in investee 2,855 - - Comprehensive earnings (loss) for the year 161,767 (27,905) (21,849) Basic earnings (loss) per common share 1.14 (0.21) (0.18) Diluted earnings (loss) per common share 1.12 (0.21) (0.18) For the year ended November 30, 2020, we reported a net earnings of $161.8 million (or $1.14 basic earnings and $1.12 diluted earnings per common share) compared to a net loss in 2019 of $27.9 million (or $0.21 basic and diluted loss per common share) and a net loss of $21.8 million in 2018 (or $0.18 basic and diluted loss per common share). The 2020 movement to net earnings was primarily due to the $175.8 million gain realized on the derecognition of assets contributed to Ambler Metals, offset by our 50% share of Ambler Metal's net operating loss and feasibility study charges incurred for the Arctic Project subsequent to the formation of the joint venture. Mineral properties expense was eliminated after the contribution of mineral properties to the joint venture at the end of the first quarter of 2020. This resulted in a significant cost savings of $17.7 million in relation to the prior year comparative. Going forward, all project related costs will be captured through our 50% equity recognition of Ambler Metal's operating loss. Adding to the variances in 2020 were incremental decreases in general and administrative expenses, professional fees and stock-based compensation offset by an increase in salaries. The increase in salaries resulted from the addition of management during the current year for which there is no prior year comparative. Pursuant to a services agreement between the Company and Ambler Metals, $0.9 million of salaries and wages were incurred by the Company in support of Ambler Metal's back office while the joint venture company set up its permanent team. The 2019 movement in net loss was primarily due to the increased size and magnitude of the field programs undertaken at our mineral properties. Adding to this variance in 2019 were incremental increases in general and administrative expenses, professional fees and stock-based compensation offset by a slight decrease in salaries. Additionally, there were losses recognized on both the sale of investments as well as investments designated as held for trading in the prior year that did not exist in the fiscal 2019 year. We executed a $18.2 million program at the UKMP in 2019, with $9.2 million on the Bornite Project funded by South32 under the Option Agreement, $2 million on a new regional exploration program funded 50/50 by Trilogy Metals and South32 and $7 million on the Arctic Project funded entirely by Trilogy Metals. Liquidity and Capital Resources At November 30, 2020, we had $11.1 million in cash and cash equivalents and working capital of $10.4 million. We expended $8.3 million on operating activities during the 2020 fiscal year compared with $23.5 million for operating activities for the same period in 2019, and expenditures of $22.1 million for operating activities for the same period in 2018. A majority of cash spent on operating activities during all periods was expended on mineral property expenses, general and administrative expenses, salaries and professional fees. Ambler Metals assumed responsibility for project funding upon formation on February 11, 2020. At November 30, 2020, Ambler Metals is well funded with $81.7 million cash and $58.5 million loan receivable from South32, all funding is 100% dedicated to advancing the UKMP. Qualified Persons Richard Gosse, P.Geo, Vice President Exploration for Trilogy Metals Inc., is a Qualified Person as defined by National Instrument 43-101. Mr. Gosse has reviewed the technical information in this news release and approves the disclosure contained herein. About Trilogy Metals Trilogy Metals Inc. is a metals exploration and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the Upper Kobuk Mineral Projects in northwestern Alaska. On December 19, 2019 South32, which is a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts located in one of the safest geopolitical jurisdictions in the world. It hosts world-class polymetallic VMS deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler mining district - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within land package that spans approximately 172,636 hectares. The Company has an agreement with NANA Regional Corporation, Inc., a Regional Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler mining district in cooperation with local communities. Our vision is to develop the Ambler mining district into a premier North American copper producer. Cautionary Note Regarding Forward-Looking Statements This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, advancement of the Ambler Road Project, planned activities at the UKMP, the Company's anticipated budget for corporate activities and the Company's ability to fund its operations and the requirement for additional funding at Ambler Metals, the timing and amount of estimated future production and the net present value and internal rate of return at the Arctic Project, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving success of exploration activities, permitting timelines, requirements for additional capital, risks pertaining to the outbreak of the coronavirus (COVID-19), government regulation of mining operations, environmental risks, prices for energy inputs, labour, materials, supplies and services, uncertainties involved in the interpretation of drilling results and geological tests, unexpected cost increases and other risks and uncertainties disclosed in the Company's Annual Report on Form 10-K for the year ended November 30, 2020 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. Cautionary Note to United States Investors This press release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in this press releasehave been prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended ("CIM Definition Standards"). NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian standards, including NI 43-101, differ significantly from the requirements of the SEC contained in SEC Industry Guide 7, and resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies under SEC Industry Guide 7. In particular, and without limiting the generality of the foregoing, the term "resource" does not equate to the term "reserves". Under U.S. standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination. We have no reserves under SEC Industry Guide 7. SOURCE Trilogy Metals Inc. Related Links www.trilogymetals.com Answer:

Trilogy Metals Reports Fiscal 2020 Year End Results USA - English USA - English

VANCOUVER, BC, Feb. 12, 2021 /PRNewswire/ -Trilogy Metals Inc. (TSX: TMQ)(NYSE American: TMQ) ("Trilogy Metals" or "the Company") announces its financial results for the year and fourth quarter ended November 30, 2020. Details of the Company's financial results are contained in the audited consolidated financial statements and Management's Discussion and Analysis in our annual report on Form 10-K which will be available on the Company's website at www.trilogymetals.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in United States dollars unless otherwise stated. Highlights Ambler Mining District Industrial Access Project receives final federal permits Feasibility Study for the Arctic Project completed and NI 43-101 report filed Strong cash position of $11.1M and $10.4M in working capital at year end Ambler Metals LLC ("Ambler Metals"), our joint venture with South32 Limited, has $81.7 million cash and $58.5 million loan receivable dedicated to advancing the Upper Kobuk Mineral Projects ("UKMP") 2020 Project Activities AMDIAP The Ambler Mining District Industrial Project ("AMDIAP" or "Ambler Access Project") reached significant project milestones. On March 27, 2020, the BLM, the lead federal agency for the permitting of the AMDIAP, released the Final Environmental Impact Statement ("EIS") for the AMDIAP. This follows on the Draft EIS completed on August 23, 2019. On July 23, 2020, the BLM issued the Joint Record of Decision ("JROD") for the Ambler Road Project. Along with the JROD, a Section 404 Permit, which is governed by the Clean Water Act, was issued by the United States Army Corp. of Engineers to the Alaska Industrial Development and Export Authority ("AIDEA"). On January 6, 2021, BLM, NPS and AIDEA signed Right-of-Way agreements giving AIDEA the ability to cross federally owned and managed lands along the route for the Ambler Access Project approved in the JROD. The authorizing documents with the two agencies are the final federal permits required for the Ambler Access Project. Arctic Feasibility Study The Company announced the positive results of its feasibility study for the Arctic Copper-Zinc-Lead-Silver-Gold Project (the "Arctic FS") on August 20, 2020. The Arctic FS describes the technical and economic viability of establishing a conventional open-pit copper-zinc-lead-silver-gold mine and mill complex for a 10,000 tonne per day operation for a minimum 12-year mine life. The Arctic FS resulted in a pre-tax Net Present Value ("NPV")8% of $1.6 Billion and an Internal Rate of Return ("IRR") of 31% for the base case and an after-tax NPV8% of $1.1 Billion and after-tax IRR of 27% for the base case. The base case scenario utilized long-term metal prices of $3.00/lb for copper, $1.10/lb for zinc, $1.00/lb for lead, $1,300/oz for gold and $18.00/oz for silver. At current spot metals prices of $3.55/lb copper, $1.18/lb zinc, $0.91/lb lead, $1,833/oz gold and $26.63/oz silver, the pre-tax NPV8% is $2.4 Billion and IRR is 40.1% and after-tax NPV8% is $1.7 Billion and IRR is 35.1%. Tony Giardini, the Company's President and CEO states, "Due to the polymetallic nature of the deposit, Arctic not only contains a significant amount of base metals but it will produce a significant amount of precious metals. The Arctic FS estimated an average annual payable gold and silver production of 32,000 ounces and 3.4 million ounces respectfully which, in total, represents 16% of Arctic's net revenue." On October 2, 2020, we filed the technical report for the Company's Arctic Project entitled "Arctic Feasibility Study Alaska, USA NI 43-101 Technical Report" with an effective date of August 20, 2020, prepared by Ausenco Engineering Canada Inc., Wood Canada Limited and SRK Consulting (Canada) Inc. (the "Arctic FS Technical Report"). Please refer to the Arctic FS Technical Report for additional information. Outlook for 2021 On November 19, 2020, the Company announced the approval of the 2021 program and budget for Ambler Metals of approximately $27 million to advance the UKMP. The budget is fully funded by Ambler Metals. Activities planned at the Arctic Project include 7,600 meters of drilling which will have the dual purpose of extracting additional material for metallurgical work and for the conversion of mineral resources into the measured category. The metallurgical program that is associated with this drilling will support variability test work and pilot plant work which will commence later in 2021. Engineering work will continue at Arctic with the aim of submitting the application for the Notice of Intent for the 404 Dredge and Fill Permit, which is covered by the Clean Water Act, to the United States Army Corps of Engineers. The Company currently anticipates Ambler Metals will submit the permit applications during the second half of 2021. Following up from the 2019 work performed along the 70-mile (100 kilometer) Ambler volcanogenic massive sulphide ("VMS") belt, Ambler Metals will continue exploration efforts along the belt to discover and define additional deposits that may provide additional feed to a future Arctic mill. Ambler Metals plans to conduct a 7,000-meter regional exploration drill campaign which is expected to commence in early summer and finish before the end of September. The drilling may be preceded by detailed geologic mapping, geochemical soil sampling and ground geophysics. The Company has approved a 2021 cash budget for corporate activities of approximately $5.3 million, which includes personnel and related costs of $2.0 million, professional fees of $1.1 million, investor relations and marketing costs of $0.6 million, office related costs of $0.5 million, insurance costs of $0.4 million and regulatory costs of $0.3 million. The Company's management team is focused on the oversight of our investment in Ambler Metals and will closely work with Ambler Metals as it starts its first field season as a new team and prepares to submit the permit applications for the development and operation of the Arctic Project during the second half of the year. The Company's technical staff will work closely with South32's technical team and Ambler Metals exploration staff to review opportunities on advancing its known deposits and look at potential new targets in the large land package that is held by Ambler Metals. Annual Financial Results The following selected annual information is prepared in accordance with U.S. GAAP. in thousands of dollars, except for per share amounts Selected financial results Year ended November 30, 2020 $ Year ended November 30, 2019 $ Year ended November 30, 2018 $ General and administrative 1,650 1,838 1,532 Mineral properties and feasibility study 2,610 19,211 16,490 Professional fees 1,347 1,382 453 Salaries 1,411 1,314 1,467 Salaries technical services 898 - - Salaries stock-based compensation 3,564 3,845 1,441 Loss held for trading of investments - - 272 Gain on derecognition of assets contributed to the joint venture (175,770) - - Equity in investee 2,855 - - Comprehensive earnings (loss) for the year 161,767 (27,905) (21,849) Basic earnings (loss) per common share 1.14 (0.21) (0.18) Diluted earnings (loss) per common share 1.12 (0.21) (0.18) For the year ended November 30, 2020, we reported a net earnings of $161.8 million (or $1.14 basic earnings and $1.12 diluted earnings per common share) compared to a net loss in 2019 of $27.9 million (or $0.21 basic and diluted loss per common share) and a net loss of $21.8 million in 2018 (or $0.18 basic and diluted loss per common share). The 2020 movement to net earnings was primarily due to the $175.8 million gain realized on the derecognition of assets contributed to Ambler Metals, offset by our 50% share of Ambler Metal's net operating loss and feasibility study charges incurred for the Arctic Project subsequent to the formation of the joint venture. Mineral properties expense was eliminated after the contribution of mineral properties to the joint venture at the end of the first quarter of 2020. This resulted in a significant cost savings of $17.7 million in relation to the prior year comparative. Going forward, all project related costs will be captured through our 50% equity recognition of Ambler Metal's operating loss. Adding to the variances in 2020 were incremental decreases in general and administrative expenses, professional fees and stock-based compensation offset by an increase in salaries. The increase in salaries resulted from the addition of management during the current year for which there is no prior year comparative. Pursuant to a services agreement between the Company and Ambler Metals, $0.9 million of salaries and wages were incurred by the Company in support of Ambler Metal's back office while the joint venture company set up its permanent team. The 2019 movement in net loss was primarily due to the increased size and magnitude of the field programs undertaken at our mineral properties. Adding to this variance in 2019 were incremental increases in general and administrative expenses, professional fees and stock-based compensation offset by a slight decrease in salaries. Additionally, there were losses recognized on both the sale of investments as well as investments designated as held for trading in the prior year that did not exist in the fiscal 2019 year. We executed a $18.2 million program at the UKMP in 2019, with $9.2 million on the Bornite Project funded by South32 under the Option Agreement, $2 million on a new regional exploration program funded 50/50 by Trilogy Metals and South32 and $7 million on the Arctic Project funded entirely by Trilogy Metals. Liquidity and Capital Resources At November 30, 2020, we had $11.1 million in cash and cash equivalents and working capital of $10.4 million. We expended $8.3 million on operating activities during the 2020 fiscal year compared with $23.5 million for operating activities for the same period in 2019, and expenditures of $22.1 million for operating activities for the same period in 2018. A majority of cash spent on operating activities during all periods was expended on mineral property expenses, general and administrative expenses, salaries and professional fees. Ambler Metals assumed responsibility for project funding upon formation on February 11, 2020. At November 30, 2020, Ambler Metals is well funded with $81.7 million cash and $58.5 million loan receivable from South32, all funding is 100% dedicated to advancing the UKMP. Qualified Persons Richard Gosse, P.Geo, Vice President Exploration for Trilogy Metals Inc., is a Qualified Person as defined by National Instrument 43-101. Mr. Gosse has reviewed the technical information in this news release and approves the disclosure contained herein. About Trilogy Metals Trilogy Metals Inc. is a metals exploration and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the Upper Kobuk Mineral Projects in northwestern Alaska. On December 19, 2019 South32, which is a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts located in one of the safest geopolitical jurisdictions in the world. It hosts world-class polymetallic VMS deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler mining district - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within land package that spans approximately 172,636 hectares. The Company has an agreement with NANA Regional Corporation, Inc., a Regional Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler mining district in cooperation with local communities. Our vision is to develop the Ambler mining district into a premier North American copper producer. Cautionary Note Regarding Forward-Looking Statements This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, advancement of the Ambler Road Project, planned activities at the UKMP, the Company's anticipated budget for corporate activities and the Company's ability to fund its operations and the requirement for additional funding at Ambler Metals, the timing and amount of estimated future production and the net present value and internal rate of return at the Arctic Project, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving success of exploration activities, permitting timelines, requirements for additional capital, risks pertaining to the outbreak of the coronavirus (COVID-19), government regulation of mining operations, environmental risks, prices for energy inputs, labour, materials, supplies and services, uncertainties involved in the interpretation of drilling results and geological tests, unexpected cost increases and other risks and uncertainties disclosed in the Company's Annual Report on Form 10-K for the year ended November 30, 2020 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. Cautionary Note to United States Investors This press release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in this press releasehave been prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended ("CIM Definition Standards"). NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian standards, including NI 43-101, differ significantly from the requirements of the SEC contained in SEC Industry Guide 7, and resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies under SEC Industry Guide 7. In particular, and without limiting the generality of the foregoing, the term "resource" does not equate to the term "reserves". Under U.S. standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination. We have no reserves under SEC Industry Guide 7. SOURCE Trilogy Metals Inc. Related Links www.trilogymetals.com

edtsum487

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: VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Bravo Multinational Incorporated (Bravo Multinational or the Company) (OTC: BRVO) announced the appointment of Mr. Mark Greenberg, Mr. Neil Davis, Mr. Stephen Scheffer and Mr. Edward Pergjini to the newly formed Business Advisory board, effective November 30, 2020. All four individuals have accepted their Business Advisory board seat positions. Bravo Multinational created the Business Advisory board to assist the Companys management and Board of Directors with the evaluation of business opportunities within the media, entertainment and sports industries as well as the electric metals and green alternative energy sectors. Each of the seated members has extensive experiences in these industries. The Company filed a Form 8-K on December 1, 2020 with the United States Securities and Exchange Commission regarding the newly form Business Advisory board and its members. Bios for the Business Advisory board members are below: Mark Greenberg is the CEO of SEVN Sports Inc. He served as the Founder and Chief Executive Officer of EPIX from 2009 to 2017. As an early visionary in the video streaming industry, Mr. Greenberg led EPIX to become the first cross platform network and his work has influenced future streaming services including Netflix, Amazon and Hulu. Mr. Greenberg previously served as Executive Vice President for Showtime Networks, Inc., and Director of Direct Marketing at HBO (Home Box Office). Mr. Greenberg received his undergraduate degree from Providence College and his MBA from Columbia University. Neil Davis is the Chief Business Development Officer of SEVN Sports Inc. Mr. Davis is a seasoned digital executive for various companies including, AOL, Blockbuster, Dish Network and Qello Media, where he served as Chief Business Officer. He was previously CEO at Monetize, where he consulted for the media and entertainment industries. Prior to that, he was Head of Corporate and Digital Development at Blockbuster-Dish Digital. Mr. Davis received his undergraduate degree from Arizona State University. Stephen Scheffer has served almost 30 years at HBO (Home Box Office) as President of Film Programming, Video and Enterprises. Mr. Scheffer was responsible for overseeing all motion picture programming for HBO. As President of HBO Pictures, he was responsible for the financing and production of HBOs Silver Screen Partners and Cinema Plus theatrical movie ventures. Prior to HBO, Mr. Scheffer held executive positions at Time Life Films, Allied Artists, Polydor Records, MGM and Columbia Pictures. Mr. Scheffer received his undergraduate degree from the United States Naval Academy in Annapolis, Maryland and his MBA from Harvard Business School. Edward Pergjini is the President of Element Sports Group Inc, a wholly-owned subsidiary of Element Global, Inc. (OTC: ELGL) Mr. Pergjini has over 30-years of experience working with multinational companies across disciplines including, commercial strategy, team management, the construction and development of international brands, and the management of broad real estate heritages. He also has a strong understanding of cross-cultural marketing, along with deep expertise in the economic and financial workings of professional European soccer clubs. Mr. Pergjini resides in France and received his MBA from Fairleigh Dickinson University. Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements Answer:

Bravo Multinational, Inc. Appoints Four New Members to Business Advisory Board

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Bravo Multinational Incorporated (Bravo Multinational or the Company) (OTC: BRVO) announced the appointment of Mr. Mark Greenberg, Mr. Neil Davis, Mr. Stephen Scheffer and Mr. Edward Pergjini to the newly formed Business Advisory board, effective November 30, 2020. All four individuals have accepted their Business Advisory board seat positions. Bravo Multinational created the Business Advisory board to assist the Companys management and Board of Directors with the evaluation of business opportunities within the media, entertainment and sports industries as well as the electric metals and green alternative energy sectors. Each of the seated members has extensive experiences in these industries. The Company filed a Form 8-K on December 1, 2020 with the United States Securities and Exchange Commission regarding the newly form Business Advisory board and its members. Bios for the Business Advisory board members are below: Mark Greenberg is the CEO of SEVN Sports Inc. He served as the Founder and Chief Executive Officer of EPIX from 2009 to 2017. As an early visionary in the video streaming industry, Mr. Greenberg led EPIX to become the first cross platform network and his work has influenced future streaming services including Netflix, Amazon and Hulu. Mr. Greenberg previously served as Executive Vice President for Showtime Networks, Inc., and Director of Direct Marketing at HBO (Home Box Office). Mr. Greenberg received his undergraduate degree from Providence College and his MBA from Columbia University. Neil Davis is the Chief Business Development Officer of SEVN Sports Inc. Mr. Davis is a seasoned digital executive for various companies including, AOL, Blockbuster, Dish Network and Qello Media, where he served as Chief Business Officer. He was previously CEO at Monetize, where he consulted for the media and entertainment industries. Prior to that, he was Head of Corporate and Digital Development at Blockbuster-Dish Digital. Mr. Davis received his undergraduate degree from Arizona State University. Stephen Scheffer has served almost 30 years at HBO (Home Box Office) as President of Film Programming, Video and Enterprises. Mr. Scheffer was responsible for overseeing all motion picture programming for HBO. As President of HBO Pictures, he was responsible for the financing and production of HBOs Silver Screen Partners and Cinema Plus theatrical movie ventures. Prior to HBO, Mr. Scheffer held executive positions at Time Life Films, Allied Artists, Polydor Records, MGM and Columbia Pictures. Mr. Scheffer received his undergraduate degree from the United States Naval Academy in Annapolis, Maryland and his MBA from Harvard Business School. Edward Pergjini is the President of Element Sports Group Inc, a wholly-owned subsidiary of Element Global, Inc. (OTC: ELGL) Mr. Pergjini has over 30-years of experience working with multinational companies across disciplines including, commercial strategy, team management, the construction and development of international brands, and the management of broad real estate heritages. He also has a strong understanding of cross-cultural marketing, along with deep expertise in the economic and financial workings of professional European soccer clubs. Mr. Pergjini resides in France and received his MBA from Fairleigh Dickinson University. Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements

edtsum488

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: MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) will conduct a conference call and webcast to discuss its first quarter 2021 results on Thursday, May 6, 2021 at 8:30 a.m. (ET). Investors can access the call by dialing 877-271-1828 and entering 67447259 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/40796. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends May 6, 2021 through May 20, 2021. To access the replay, dial 877-656-8905 and enter 67447259 as the conference ID number. The archived webcast will also be available at https://www.webcaster4.com/Webcast/Page/2271/40796. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco Inc., New Valley LLC, and Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com. Answer:

Vector Group to Host First Quarter 2021 Results Conference Call

MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) will conduct a conference call and webcast to discuss its first quarter 2021 results on Thursday, May 6, 2021 at 8:30 a.m. (ET). Investors can access the call by dialing 877-271-1828 and entering 67447259 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/40796. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends May 6, 2021 through May 20, 2021. To access the replay, dial 877-656-8905 and enter 67447259 as the conference ID number. The archived webcast will also be available at https://www.webcaster4.com/Webcast/Page/2271/40796. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco Inc., New Valley LLC, and Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.

edtsum489

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: TAMPA, Fla., May 12, 2020 /PRNewswire/ --Xtenfer Consulting Inc., aleading provider of technology solutions focused on innovating the distant learning sphere, today announced it isranked #241 on The Financial Times inaugural list of The Americas' Fastest Growing Companies 2020, the most prestigious ranking of the fastest-growing private companies across the Americas. Presented by The Financial Times (FT) and Statista Inc., the world-leading statistics portal and industry ranking provider, The FT The Americas' Fastest Growing Companies list is comprised of the 500 enterprises in North, Central and South America that contribute most heavily to economic growth. "Out of the millions of companies in the Americas, We are thrilled to have been recognized and honored to be ranked alongside such industry-leading and pioneering companies," said Michael Meunier, Founder and Chief Executive Officer of Xtenfer Consulting. "Our proprietary software platform reflects our passion for virtual education and allows us to deliver unparalleled online learning experience directly to clients. We rely on over 150 amazing full-time and part-time staff that afford us a significant opportunity to continue scaling our portfolio and SaaS offerings as online consumption and spending habits continue to shift." Xtenfer Consulting platforms deliver robust, turnkey virtual school solutions, allowing government and corporate clients to offer hassle-free learning experience to their members. The Financial Timeswill publish its full report of winners, featuring case studies and analysis from the rankings, in the May 12print issue. The Financial Times award joins an array of recent honors earned by Xtenfer Consulting including: Inc. 5000 2019 Ranked #1708 overall, America's Fastest-Growing Companies Inc. 5000 2018 Ranked #2803 overall, America's Fastest-Growing Companies Inc. 5000 2017 Ranked #848 overall, America's Fastest-Growing Companies To learn more aboutthe Xtenfer Consulting computing platform, please visit https://www.xtenfer.com. Media Contact:JospheenKerolusPhone:855-477-3255Email: [emailprotected] Related Images xtenfer-consulting.png Xtenfer-Consulting Xtenfer Consulting Inc. logo Related Links Xtenfer Consulting Inc. SOURCE Xtenfer Consulting Inc. Related Links https://www.xtenfer.com Answer:

Xtenfer Consulting Named to the Financial Times Inaugural List of the Americas' Fastest-Growing Companies 2020

TAMPA, Fla., May 12, 2020 /PRNewswire/ --Xtenfer Consulting Inc., aleading provider of technology solutions focused on innovating the distant learning sphere, today announced it isranked #241 on The Financial Times inaugural list of The Americas' Fastest Growing Companies 2020, the most prestigious ranking of the fastest-growing private companies across the Americas. Presented by The Financial Times (FT) and Statista Inc., the world-leading statistics portal and industry ranking provider, The FT The Americas' Fastest Growing Companies list is comprised of the 500 enterprises in North, Central and South America that contribute most heavily to economic growth. "Out of the millions of companies in the Americas, We are thrilled to have been recognized and honored to be ranked alongside such industry-leading and pioneering companies," said Michael Meunier, Founder and Chief Executive Officer of Xtenfer Consulting. "Our proprietary software platform reflects our passion for virtual education and allows us to deliver unparalleled online learning experience directly to clients. We rely on over 150 amazing full-time and part-time staff that afford us a significant opportunity to continue scaling our portfolio and SaaS offerings as online consumption and spending habits continue to shift." Xtenfer Consulting platforms deliver robust, turnkey virtual school solutions, allowing government and corporate clients to offer hassle-free learning experience to their members. The Financial Timeswill publish its full report of winners, featuring case studies and analysis from the rankings, in the May 12print issue. The Financial Times award joins an array of recent honors earned by Xtenfer Consulting including: Inc. 5000 2019 Ranked #1708 overall, America's Fastest-Growing Companies Inc. 5000 2018 Ranked #2803 overall, America's Fastest-Growing Companies Inc. 5000 2017 Ranked #848 overall, America's Fastest-Growing Companies To learn more aboutthe Xtenfer Consulting computing platform, please visit https://www.xtenfer.com. Media Contact:JospheenKerolusPhone:855-477-3255Email: [emailprotected] Related Images xtenfer-consulting.png Xtenfer-Consulting Xtenfer Consulting Inc. logo Related Links Xtenfer Consulting Inc. SOURCE Xtenfer Consulting Inc. Related Links https://www.xtenfer.com

edtsum490

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 "Video Game Market in US 2021-2025" report has been added to ResearchAndMarkets.com's offering. The video game market in US is poised to grow by $ 16.56 mn during 2021-2025 progressing at a CAGR of 11% during the forecast period. The market is driven by the rising penetration of smartphones and improving Internet access and increasing popularity of eSports tournaments. The report on video game market in US 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 us market scenario, latest trends and drivers, and the overall market environment. The video game market in US market analysis includes type segment and geographical landscapes. This study identifies the evolution of pc gaming and gaming console market as one of the prime reasons driving the video game market in US growth during the next few years. The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading video game market in US vendors that include Activision Blizzard Inc., Alphabet Inc., Bluestack Systems Inc., Electronic Arts Inc., Microsoft Corp., Nintendo Co. Ltd., NVIDIA Corp., Sony Corp., Tencent Holdings Ltd., and Valve Corp.. Also, the video game market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Type Market Segmentation by Platform Customer landscape Vendor Landscape Vendor Analysis Appendix For more information about this report visit https://www.researchandmarkets.com/r/jgcd0w Answer:

United States Video Game Market Report 2021-2025 Featuring Activision Blizzard, Alphabet, Bluestack Systems, Electronic Arts, Microsoft, Nintendo, NVIDIA, Sony, Tencent, & Valve - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Video Game Market in US 2021-2025" report has been added to ResearchAndMarkets.com's offering. The video game market in US is poised to grow by $ 16.56 mn during 2021-2025 progressing at a CAGR of 11% during the forecast period. The market is driven by the rising penetration of smartphones and improving Internet access and increasing popularity of eSports tournaments. The report on video game market in US 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 us market scenario, latest trends and drivers, and the overall market environment. The video game market in US market analysis includes type segment and geographical landscapes. This study identifies the evolution of pc gaming and gaming console market as one of the prime reasons driving the video game market in US growth during the next few years. The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading video game market in US vendors that include Activision Blizzard Inc., Alphabet Inc., Bluestack Systems Inc., Electronic Arts Inc., Microsoft Corp., Nintendo Co. Ltd., NVIDIA Corp., Sony Corp., Tencent Holdings Ltd., and Valve Corp.. Also, the video game market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Type Market Segmentation by Platform Customer landscape Vendor Landscape Vendor Analysis Appendix For more information about this report visit https://www.researchandmarkets.com/r/jgcd0w

edtsum491

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, April15, 2021 /PRNewswire/ --Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its first quarter 2021 financial results after the close of trading on Monday, April 26. The release and supporting materials will be posted to the Investor Relations portion of axalta.com. In addition, the company will host a conference call at 8 a.m. EDT on Tuesday, April 27, 2021. Robert W. Bryant, Chief Executive Officer, and Sean Lannon, Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will also be available online at www.axalta.com/investorcall. The dial-in phone number for the conference call is 201-689-8560. For those unable to participate, a replay of the call will be available through May 4, 2021. The replay dial-in number is 412-317-6671. The replay passcode is 13719030. About Axalta Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us @axalta on Twitter. Axalta Two Commerce Square 2001 Market Street Suite 3600 Philadelphia, PA 19103 Investor Contact Christopher Mecray +1-215-255-7970 [emailprotected] axalta.com SOURCE Axalta Coating Systems Ltd. Related Links http://www.axalta.com Answer:

Axalta schedules first quarter 2021 earnings conference call

PHILADELPHIA, April15, 2021 /PRNewswire/ --Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its first quarter 2021 financial results after the close of trading on Monday, April 26. The release and supporting materials will be posted to the Investor Relations portion of axalta.com. In addition, the company will host a conference call at 8 a.m. EDT on Tuesday, April 27, 2021. Robert W. Bryant, Chief Executive Officer, and Sean Lannon, Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will also be available online at www.axalta.com/investorcall. The dial-in phone number for the conference call is 201-689-8560. For those unable to participate, a replay of the call will be available through May 4, 2021. The replay dial-in number is 412-317-6671. The replay passcode is 13719030. About Axalta Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us @axalta on Twitter. Axalta Two Commerce Square 2001 Market Street Suite 3600 Philadelphia, PA 19103 Investor Contact Christopher Mecray +1-215-255-7970 [emailprotected] axalta.com SOURCE Axalta Coating Systems Ltd. Related Links http://www.axalta.com

edtsum492

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, Oct. 28, 2020 /PRNewswire/ -- Blue Shield of California Promise Health Plan today announced it is providing $950,000 to two nonprofit organizations that aim to improve health outcomes of the youth in Compton and Antelope Valley by developing innovative programs that support behavioral health and well-being. The efforts will support the California Surgeon General and Department of Health Care Services' Adverse Childhood Experience (ACEs) protocol "Screen, Treat, Heal," which focuses on creating resources that address childhood abuse, neglect and household challenges that impact health and well-being as youth and adults. Blue Shield Promise is providing $900,000 to ScaleLA Foundation to fund a two-year initiative to destigmatize challenges associated with behavioral health; help school officials, families and teens identify key indicators to better support youth mental health; and improve care coordination and service delivery for families affected by trauma. Blue Shield Promise is providing an additional $50,000 to the Center for Youth Wellness (CYW) to work with Blue Shield Promise clinics in Lancaster and Palmdale. CYW is part of a national effort to change pediatric medicine and transform the way society responds to kids with significant adverse childhood experiences and stress.The work is aimed at assisting the staff of the clinics with identifying best practices, increasing screenings and building a referral system for healing and treatment services in the community. "It is imperative that we find ways to better support youth mental health, particularly during these times when many are dealing with COVID-19, health and social disparities, and wildfires, among other issues," said Susan Fleischman, M.D., chief medical officer at Blue Shield of California Promise Health Plan. "We want to ensure the availability of resources to support mental health and behavioral needs and are thankful for the opportunity to collaborate with these nonprofits. The work they do is directly aligned with our mission that everyonedeserves access to quality health care." The ScaleLA initiative begins this month with a design thinking challenge for students at Compton Unified School District's Dominguez High School. In December, a winning solution will be selected by a panel of judges and developed in 2021 with a goal of implementing the program within the Compton community to support the health of students and their families for years to come. "We're thrilled to be partnering with Blue Shield of California Promise Health Plan for this initiative and inspire more youth to leverage entrepreneurship and become agents of change in their communities." said India Williams, executive director, ScaleLA Foundation. "We're looking forward to seeing the innovation developed by our teams of mentees and mentors, all designed to increase access to behavioral health and wellness resources to support our South LA community." "The prevalence of ACEs and toxic stress is a public health crisis. We are honored to work with Blue Shield and ScaleLA to ensure we are building on and extending the groundbreaking work Los Angeles is already doing," said Bre Gentile, Ph.D., Director of Product Design at Center for Youth Wellness. Blue Shield Promise recognizes the importance of working with community-based organizations to prevent diseases and make healthy living options more accessible especially in underserved communities. Promoting healthy living can result in better health for more people as well as improving health outcomes, especially among the most vulnerable populations. This announcement is the latest example of Blue Shield's Health Reimaginedinitiative that uses latest innovations to improve health of individuals and communities; and also supports the health plan's BlueSkyinitiative that promotes mental health for California's middle and high school students. About Blue Shield of California Promise Health PlanBlue Shield of California Promise Health Plan is a managed care organization, wholly owned by Blue Shield of California, offering Medi-Cal,Medicare-Medicaid Plans, and Medicare Advantage HMO and Dual-Eligible Special Needs Plans. It is led by healthcare professionals with a "members-first" philosophy and committed to building a quality network of providers and partnering with community organizations for more than 400,000 members. For more information about Blue Shield of California Promise Health Plan, please visitwww.blueshieldca.com/promise. For more news about Blue Shield of California, please visitnews.blueshieldca.com. Or follow us onLinkedIn,Twitter, orFacebook. About the ScaleLA FoundationA 501 c(3) non-profit, ScaleLA Foundation's mission is to inspire purpose in our community by leveraging entrepreneurial thinking to solve for society's greatest challenges. The Foundation's flagship program, Mentor2Mentor, works with high school students, college students, and executives in a 4-2-1 mentorship ratio to tackle systemic issues within the communities of the participants. In past years, the Foundation has worked to positively impact challenges ranging from foster care to youth homelessness. For more information, visit https://scalela.org. About Center for Youth WellnessThe Center for Youth Wellness is part of a national effort to revolutionize pediatric medicine and transform the way society responds to kids exposed to significant adverse childhood experiences and toxic stress. Founded by Dr. Nadine Burke Harris in 2012, we were created to respond to an urgent public health issue: early adversity harms the developing brains and bodies of children. Now led by Gatanya Arnic, an executive with more than fifteen years of experience in leadership development and healthcare, Dr. Burke Harris's mission continues through the Center's current work. CONTACT: Erika Conner Blue Shield of California 510-607-2359 [emailprotected] SOURCE Blue Shield of California Promise Health Plan Related Links http://www.blueshieldca.com Answer:

Blue Shield of California Promise Health Plan Provides Nearly $1 Million Investment to Support Los Angeles County Youth Mental Health and Well-being USA - English USA - espaol USA - English Funds to support innovative programs by ScaleLA Foundation, Center for Youth Wellness to produce initiatives that fill gaps in care for teens and adolescents

LOS ANGELES, Oct. 28, 2020 /PRNewswire/ -- Blue Shield of California Promise Health Plan today announced it is providing $950,000 to two nonprofit organizations that aim to improve health outcomes of the youth in Compton and Antelope Valley by developing innovative programs that support behavioral health and well-being. The efforts will support the California Surgeon General and Department of Health Care Services' Adverse Childhood Experience (ACEs) protocol "Screen, Treat, Heal," which focuses on creating resources that address childhood abuse, neglect and household challenges that impact health and well-being as youth and adults. Blue Shield Promise is providing $900,000 to ScaleLA Foundation to fund a two-year initiative to destigmatize challenges associated with behavioral health; help school officials, families and teens identify key indicators to better support youth mental health; and improve care coordination and service delivery for families affected by trauma. Blue Shield Promise is providing an additional $50,000 to the Center for Youth Wellness (CYW) to work with Blue Shield Promise clinics in Lancaster and Palmdale. CYW is part of a national effort to change pediatric medicine and transform the way society responds to kids with significant adverse childhood experiences and stress.The work is aimed at assisting the staff of the clinics with identifying best practices, increasing screenings and building a referral system for healing and treatment services in the community. "It is imperative that we find ways to better support youth mental health, particularly during these times when many are dealing with COVID-19, health and social disparities, and wildfires, among other issues," said Susan Fleischman, M.D., chief medical officer at Blue Shield of California Promise Health Plan. "We want to ensure the availability of resources to support mental health and behavioral needs and are thankful for the opportunity to collaborate with these nonprofits. The work they do is directly aligned with our mission that everyonedeserves access to quality health care." The ScaleLA initiative begins this month with a design thinking challenge for students at Compton Unified School District's Dominguez High School. In December, a winning solution will be selected by a panel of judges and developed in 2021 with a goal of implementing the program within the Compton community to support the health of students and their families for years to come. "We're thrilled to be partnering with Blue Shield of California Promise Health Plan for this initiative and inspire more youth to leverage entrepreneurship and become agents of change in their communities." said India Williams, executive director, ScaleLA Foundation. "We're looking forward to seeing the innovation developed by our teams of mentees and mentors, all designed to increase access to behavioral health and wellness resources to support our South LA community." "The prevalence of ACEs and toxic stress is a public health crisis. We are honored to work with Blue Shield and ScaleLA to ensure we are building on and extending the groundbreaking work Los Angeles is already doing," said Bre Gentile, Ph.D., Director of Product Design at Center for Youth Wellness. Blue Shield Promise recognizes the importance of working with community-based organizations to prevent diseases and make healthy living options more accessible especially in underserved communities. Promoting healthy living can result in better health for more people as well as improving health outcomes, especially among the most vulnerable populations. This announcement is the latest example of Blue Shield's Health Reimaginedinitiative that uses latest innovations to improve health of individuals and communities; and also supports the health plan's BlueSkyinitiative that promotes mental health for California's middle and high school students. About Blue Shield of California Promise Health PlanBlue Shield of California Promise Health Plan is a managed care organization, wholly owned by Blue Shield of California, offering Medi-Cal,Medicare-Medicaid Plans, and Medicare Advantage HMO and Dual-Eligible Special Needs Plans. It is led by healthcare professionals with a "members-first" philosophy and committed to building a quality network of providers and partnering with community organizations for more than 400,000 members. For more information about Blue Shield of California Promise Health Plan, please visitwww.blueshieldca.com/promise. For more news about Blue Shield of California, please visitnews.blueshieldca.com. Or follow us onLinkedIn,Twitter, orFacebook. About the ScaleLA FoundationA 501 c(3) non-profit, ScaleLA Foundation's mission is to inspire purpose in our community by leveraging entrepreneurial thinking to solve for society's greatest challenges. The Foundation's flagship program, Mentor2Mentor, works with high school students, college students, and executives in a 4-2-1 mentorship ratio to tackle systemic issues within the communities of the participants. In past years, the Foundation has worked to positively impact challenges ranging from foster care to youth homelessness. For more information, visit https://scalela.org. About Center for Youth WellnessThe Center for Youth Wellness is part of a national effort to revolutionize pediatric medicine and transform the way society responds to kids exposed to significant adverse childhood experiences and toxic stress. Founded by Dr. Nadine Burke Harris in 2012, we were created to respond to an urgent public health issue: early adversity harms the developing brains and bodies of children. Now led by Gatanya Arnic, an executive with more than fifteen years of experience in leadership development and healthcare, Dr. Burke Harris's mission continues through the Center's current work. CONTACT: Erika Conner Blue Shield of California 510-607-2359 [emailprotected] SOURCE Blue Shield of California Promise Health Plan Related Links http://www.blueshieldca.com

edtsum493

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 LAUDERDALE, Fla., Nov. 17, 2020 /PRNewswire/ -- After hearing so many horror stories in South Florida, it becomes so obvious that one should only hire Licensed and Insured contractors.A to Z Remodeling is licensed and insured and have been contractors for 42 years.AZ Remodeling takes tremendous pride in its remodeling work of homes and offices.When considering remodeling a home or office, why do people hire contractors? And whatare some services contractors perform? Continue Reading For questions about office, kitchen, or bathroom remodeling, call 954-627-2060. Many people are "handy", capable of repairs in the household, but just like anything else, theytrust experts to do bigger projects if they want it done right, especially for renovation or remodeling for kitchens or bathrooms. If they want something to be long-lasting and aesthetically pleasing, they consider licensed and insured contractors. For remodeling homes or offices, call A to Z Remodeling at954-627-2060. www.123atozremodeling.com.Servicesthat Contractors in Fort LauderdaleProvide: Drywall Repairs Wood Framing Metal Framing Hardieplank Siding Kitchen and Bath Remodeling Windows Doors Painting Hurricane Windows Carpet, Laminate, Tile, and Marble Floors Room Additions and Office Build Outs What Do Some of these Remodeling Terms Entail?HardiePlanksidingis a combination of cellulose fibers and cement-based materials. Hardieboard siding is the most popular siding choice for homes in the United States. It comes in long horizontal strips. It is better than wood because it is resistant to Insects, and vermin. There's not enough cellulose there to attract insects. It's moisture resistant, fire resistant, the color lasts, it's good for all seasons, and it's easy to clean.Wood Framing Lumber is great for Homes. It's also known as "Structural wood". This grade ofwood is usedfor houseframing(studs, Larsen Trusses for double-stud walls, headers, roof trusses and floor joists, etc. as well as intimberframe construction).Metal Stud Framing is great for commercial buildings.Metal framing is great for office build outs. It's chosen for commercial buildings because it has better load-bearing capabilities for multi-level structures.Drywall Repair is a project that most homeowners will have to face at one time or another.Drywall repair could be for nail pops to holes from doorknobs to majorrepairslike water damage and cracks caused by a settling foundation.Hurricane impact windowsare essential preparation for hurricanes battering South Florida each year. They help save money on clients' insurance. Favorite brands of customers have been Lawson, PGT, and CGI windowsand doors free estimates."Dry Season" Is the Best Time to Install.A to Z Remodeling doesOffice BuildOuts for commercial properties.Here are some examples:https://123atozremodeling.com/portfolio_entries/commercialFor questions about office, kitchen, or bathroom remodeling, call 954-627-2060.Related Imagesremodeling-an-office-in-fort.jpg Remodeling an Office in Fort Lauderdale For questions about office, kitchen, or bathroom remodeling, call 954-627-2060. SOURCE A to Z Remodeling Answer:

A to Z Remodeling Contractors in Fort Lauderdale Discuss Several Uses of Contractors for Residential and Commercial Buildings A to Z Remodeling has contractors who are licensed and insured with 42 years of experience in South Florida. When remodeling the home or office, it's essential to hire contractors licensed and insured to get work done the right way.

FORT LAUDERDALE, Fla., Nov. 17, 2020 /PRNewswire/ -- After hearing so many horror stories in South Florida, it becomes so obvious that one should only hire Licensed and Insured contractors.A to Z Remodeling is licensed and insured and have been contractors for 42 years.AZ Remodeling takes tremendous pride in its remodeling work of homes and offices.When considering remodeling a home or office, why do people hire contractors? And whatare some services contractors perform? Continue Reading For questions about office, kitchen, or bathroom remodeling, call 954-627-2060. Many people are "handy", capable of repairs in the household, but just like anything else, theytrust experts to do bigger projects if they want it done right, especially for renovation or remodeling for kitchens or bathrooms. If they want something to be long-lasting and aesthetically pleasing, they consider licensed and insured contractors. For remodeling homes or offices, call A to Z Remodeling at954-627-2060. www.123atozremodeling.com.Servicesthat Contractors in Fort LauderdaleProvide: Drywall Repairs Wood Framing Metal Framing Hardieplank Siding Kitchen and Bath Remodeling Windows Doors Painting Hurricane Windows Carpet, Laminate, Tile, and Marble Floors Room Additions and Office Build Outs What Do Some of these Remodeling Terms Entail?HardiePlanksidingis a combination of cellulose fibers and cement-based materials. Hardieboard siding is the most popular siding choice for homes in the United States. It comes in long horizontal strips. It is better than wood because it is resistant to Insects, and vermin. There's not enough cellulose there to attract insects. It's moisture resistant, fire resistant, the color lasts, it's good for all seasons, and it's easy to clean.Wood Framing Lumber is great for Homes. It's also known as "Structural wood". This grade ofwood is usedfor houseframing(studs, Larsen Trusses for double-stud walls, headers, roof trusses and floor joists, etc. as well as intimberframe construction).Metal Stud Framing is great for commercial buildings.Metal framing is great for office build outs. It's chosen for commercial buildings because it has better load-bearing capabilities for multi-level structures.Drywall Repair is a project that most homeowners will have to face at one time or another.Drywall repair could be for nail pops to holes from doorknobs to majorrepairslike water damage and cracks caused by a settling foundation.Hurricane impact windowsare essential preparation for hurricanes battering South Florida each year. They help save money on clients' insurance. Favorite brands of customers have been Lawson, PGT, and CGI windowsand doors free estimates."Dry Season" Is the Best Time to Install.A to Z Remodeling doesOffice BuildOuts for commercial properties.Here are some examples:https://123atozremodeling.com/portfolio_entries/commercialFor questions about office, kitchen, or bathroom remodeling, call 954-627-2060.Related Imagesremodeling-an-office-in-fort.jpg Remodeling an Office in Fort Lauderdale For questions about office, kitchen, or bathroom remodeling, call 954-627-2060. SOURCE A to Z Remodeling

edtsum494

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: LAS VEGAS, May4, 2020 /PRNewswire/ --MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has completed its previously announced issuance (the "Offering") of $750,000,000 in aggregate principal amount of6.750% senior notes due2025 (the "Notes"), which were issued at par. The Company intends to use the net proceeds from the offering of the Notes for general corporate purposes, including, without limitation, further increasing its liquidity position. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments. "The proceeds from this offering have further enhanced our already strong liquidity position to provide us with additional resources as we continue to navigate the impact of the COVID-19 pandemic on our business," said Corey Sanders, Chief Financial Officer and Treasurer of MGM Resorts International, "We are pleased with the successful execution of this transaction and the support from our investors, which allowed us to upsize the deal at an attractive rate and further solidify our balance sheet." About MGM Resorts International MGM Resorts International (NYSE: MGM) is an S&P 500 global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company's 50/50 venture, ROAR Digital LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" initiative, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE Magazine's World's Most Admired Companies. Forward Looking Statements Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" that involve risks and/or uncertainties, including those described in the Company's public filings with the SEC. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements we make regarding the impact of COVID-19 on the Company's business, the Company's ability to continue to execute on the MGM 2020 Plan and its asset light strategy, its ability to generate cash flow and execute on ongoing and future projects, including the development of an integrated resort in Japan, amounts it will spend in capital expenditures and investments, its expectations with respect to future share purchases and cash dividends on its common stock, dividends and distributions it will receive from MGM China, MGM Growth Properties Operating Partnership LP (the "Operating Partnership") or CityCenter Holdings, LLC ("CityCenter") and any benefits the Company expects to receive from the Coronavirus Aid, Relief, and Economic Security Act. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the continued impact of the COVID-19 pandemic on the Company's business, the general economic conditions and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements. MGM RESORTS CONTACTS: Investment CommunityCATHERINE PARKExecutive Director, Investor Relations (702) 693-8711 or [emailprotected] News MediaBRIAN AHERNDirector of Communications[emailprotected] SOURCE MGM Resorts International Related Links mgmresorts.com Answer:

MGM Resorts International Announces Closing of Offering of $750,000,000 Senior Notes due 2025

LAS VEGAS, May4, 2020 /PRNewswire/ --MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has completed its previously announced issuance (the "Offering") of $750,000,000 in aggregate principal amount of6.750% senior notes due2025 (the "Notes"), which were issued at par. The Company intends to use the net proceeds from the offering of the Notes for general corporate purposes, including, without limitation, further increasing its liquidity position. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments. "The proceeds from this offering have further enhanced our already strong liquidity position to provide us with additional resources as we continue to navigate the impact of the COVID-19 pandemic on our business," said Corey Sanders, Chief Financial Officer and Treasurer of MGM Resorts International, "We are pleased with the successful execution of this transaction and the support from our investors, which allowed us to upsize the deal at an attractive rate and further solidify our balance sheet." About MGM Resorts International MGM Resorts International (NYSE: MGM) is an S&P 500 global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company's 50/50 venture, ROAR Digital LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" initiative, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE Magazine's World's Most Admired Companies. Forward Looking Statements Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" that involve risks and/or uncertainties, including those described in the Company's public filings with the SEC. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements we make regarding the impact of COVID-19 on the Company's business, the Company's ability to continue to execute on the MGM 2020 Plan and its asset light strategy, its ability to generate cash flow and execute on ongoing and future projects, including the development of an integrated resort in Japan, amounts it will spend in capital expenditures and investments, its expectations with respect to future share purchases and cash dividends on its common stock, dividends and distributions it will receive from MGM China, MGM Growth Properties Operating Partnership LP (the "Operating Partnership") or CityCenter Holdings, LLC ("CityCenter") and any benefits the Company expects to receive from the Coronavirus Aid, Relief, and Economic Security Act. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the continued impact of the COVID-19 pandemic on the Company's business, the general economic conditions and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements. MGM RESORTS CONTACTS: Investment CommunityCATHERINE PARKExecutive Director, Investor Relations (702) 693-8711 or [emailprotected] News MediaBRIAN AHERNDirector of Communications[emailprotected] SOURCE MGM Resorts International Related Links mgmresorts.com

edtsum495

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, Feb. 1, 2021 /PRNewswire/ --AEDIT, the first-of-its-kind, technology-driven platform that simplifies and safeguards the search for aesthetic solutions and qualified providers, today announced the results of its inaugural consumer trends survey. 2020 brought unprecedented changes to the entire world. Now, AEDIT explores how this year changed the aesthetic landscape and consumer behavior as priorities shifted. Findings indicate that Millennials and Gen Z now account for the largest age group interested in aesthetic procedures. The pandemic has not slowed down this demographic's interest in pursuing self-confidence and self-expression through beauty. The rise of video conferencing for work and widespread communication, as well as rapid advances in beauty technology, have helped to strengthen demand for aesthetic treatments and procedures over the past year. AEDIT polled 1,000 men and women ages 18 and over to unearth 2020's biggest beauty trends Tweet this AEDIT polled 1,000 men and women ages 18 and over to unearth 2020's biggest beauty trends and how the unprecedented year altered our aesthetic proclivities possibly forever. Video Conferencing Never before have men and women been so bombarded with seeing themselves on video. With the advent of daily ZOOM meetings, Google Hangouts, and FaceTimes, people who are not used to viewing themselves on screen were suddenly thrust into their very own spotlight. This led to nitpicking their appearances. AEDIT's survey found that those interested in non-surgical and surgical treatments participate in video conferencing meetings significantly more often than those who do not. In fact, 39 percent of respondents who use video conferencing weekly reported interest in non-surgical aesthetic treatments while 37 percent reported interest in surgical treatments. A full 29 percent of Millennials agree that using video conferencing makes them more interested in getting aesthetic treatments. The biggest areas of concern for those who engage in regular video conferences are their teeth (39 percent), weight (33 percent), stomach/midsection (28 percent), under eye bags/pouches (23 percent), and hair thinning/loss (16 percent).Despite spending significantly more time at home in 2020, demand for treatments remained high with 23 percent of respondents stating that they are more interested in aesthetic treatments now that they can recover at home during the pandemic.The Dawn Of A Digital Age Of Aesthetics AEDIT founder, CEO and world renowned facial plastic surgeon William A. Kennedy III, MD, shares, "Technology is revolutionizing the beauty industry. It places more emphasis on personalized experiences, giving consumers the opportunity to be in more control of their beauty decisions, whether that be virtually trying on lipstick before purchasing or, in our case,trying on a cosmetic procedure before booking a consultation."Much like our social and work lives, many of those consultations are moving virtual. AEDIT's survey reveals that the pandemic has decreased interest in going into doctors' offices and has increased interest in telemedicine by over 20 percent.Moreover, 44 percent of survey respondents wish there was a way to see exactly how surgery would affect their face before taking the leap. This desire is even greater for younger women, with 50 percent of Millennials and Gen Z and 51 percent of women showing keen intrigue in the ability to predict the outcome of aesthetic procedures.As a way to address this desire, AEDIT created a platform that offers medically approved, easy-to-understand information and a 3D aesthetic simulator The AEDITOR that allows users to virtually "try on" cosmetic procedures and visualize realistic results right from the palm of their hand. The iOS app is the most accurate facial morphing technology available outside professional medical practices. While AEDITOR was not specifically asked about in the survey, 55. percent of adults and (62 percent of women and 67 percent of Millennials and Gen Z) indicated that they would be interested in an app or website that would allow them to see how surgery or aesthetic procedures affect their face/looks in a medically accurate way. Owning It Is In. So Is Good Skin.Millennials have long been influencing beauty trends as the first generation who came of age during the digital revolution. However, Baby Boomers tend to eclipse them when it comes to seeking out a tweak, lift, or poke in the search to remain naturally ageless.A shift is happening. The AEDIT survey showed that Millennials and Gen Z have significantly more interest in non-surgical and surgical treatments than men and women age 35 and up and are more likely to already have seen a doctor or had a surgical treatment than their Gen X and Boomer peers. Millennials, and now Gen Z, largely embrace aesthetic edits with open arms and zero apologies, with 40 percent stating that they do not feel ashamed or embarrassed getting aesthetic treatments. The survey supports this, showing that over 40 percent of respondents still want to feel confident in their looks during the pandemic. This population is specifically interested in aesthetic treatments to look naturally more attractive. It follows that the survey also uncovered a jump in participants using facial skincare products during the pandemic, despite a decrease in using cosmetics in 2020."At AEDIT, we believe true beauty is unearthed by those who choose to be uniquely themselves rather than conform to a standard. We strive to inspire a movement that will empower everyone to be bold and challenge the preconceived notions of beauty by living by their own aesthetic," Dr. Kennedy notes.Looking AheadAEDITBeauty Board Member and Beverly Hills facial plastic surgeon,Andrew Frankel, MD, predicts, "2021 will begin as 2020 has been for the past three months. There might be a lull in elective surgery once the pandemic is cleared and life returns to normal because people will likely not want to be home recuperating at that point: They will long to be out enjoying themselves. As such, promoting injectables and non-surgical procedures will be fruitful right as the world opens up again and people wish to look their best upon reentry."The AEDIT survey was conducted by third-party ACUPOLL Precision Research, Inc. in December 2020 among a nationally-representative population of 1,000 Adults 18 years of age and older.ABOUT AEDITFounded by William A. Kennedy III, MD, a world renowned board certified head and neck surgeon and fellowship-trained facial plastic and reconstructive surgeon, AEDIT serves as a single destination for trusted, unbiased, and medically approved content and tools in support of every step of the aesthetic journey from discovery to recovery. aedit.comFollow AEDIT:@aeditSOURCE Aedit Related Links https://aedit.com/ Answer:

AEDIT Survey Reveals How 2020 Altered the Aesthetic Landscape Forever Video Conferencing, Beauty Tech, Natural Skin, & Millennials Make Waves

NEW YORK, Feb. 1, 2021 /PRNewswire/ --AEDIT, the first-of-its-kind, technology-driven platform that simplifies and safeguards the search for aesthetic solutions and qualified providers, today announced the results of its inaugural consumer trends survey. 2020 brought unprecedented changes to the entire world. Now, AEDIT explores how this year changed the aesthetic landscape and consumer behavior as priorities shifted. Findings indicate that Millennials and Gen Z now account for the largest age group interested in aesthetic procedures. The pandemic has not slowed down this demographic's interest in pursuing self-confidence and self-expression through beauty. The rise of video conferencing for work and widespread communication, as well as rapid advances in beauty technology, have helped to strengthen demand for aesthetic treatments and procedures over the past year. AEDIT polled 1,000 men and women ages 18 and over to unearth 2020's biggest beauty trends Tweet this AEDIT polled 1,000 men and women ages 18 and over to unearth 2020's biggest beauty trends and how the unprecedented year altered our aesthetic proclivities possibly forever. Video Conferencing Never before have men and women been so bombarded with seeing themselves on video. With the advent of daily ZOOM meetings, Google Hangouts, and FaceTimes, people who are not used to viewing themselves on screen were suddenly thrust into their very own spotlight. This led to nitpicking their appearances. AEDIT's survey found that those interested in non-surgical and surgical treatments participate in video conferencing meetings significantly more often than those who do not. In fact, 39 percent of respondents who use video conferencing weekly reported interest in non-surgical aesthetic treatments while 37 percent reported interest in surgical treatments. A full 29 percent of Millennials agree that using video conferencing makes them more interested in getting aesthetic treatments. The biggest areas of concern for those who engage in regular video conferences are their teeth (39 percent), weight (33 percent), stomach/midsection (28 percent), under eye bags/pouches (23 percent), and hair thinning/loss (16 percent).Despite spending significantly more time at home in 2020, demand for treatments remained high with 23 percent of respondents stating that they are more interested in aesthetic treatments now that they can recover at home during the pandemic.The Dawn Of A Digital Age Of Aesthetics AEDIT founder, CEO and world renowned facial plastic surgeon William A. Kennedy III, MD, shares, "Technology is revolutionizing the beauty industry. It places more emphasis on personalized experiences, giving consumers the opportunity to be in more control of their beauty decisions, whether that be virtually trying on lipstick before purchasing or, in our case,trying on a cosmetic procedure before booking a consultation."Much like our social and work lives, many of those consultations are moving virtual. AEDIT's survey reveals that the pandemic has decreased interest in going into doctors' offices and has increased interest in telemedicine by over 20 percent.Moreover, 44 percent of survey respondents wish there was a way to see exactly how surgery would affect their face before taking the leap. This desire is even greater for younger women, with 50 percent of Millennials and Gen Z and 51 percent of women showing keen intrigue in the ability to predict the outcome of aesthetic procedures.As a way to address this desire, AEDIT created a platform that offers medically approved, easy-to-understand information and a 3D aesthetic simulator The AEDITOR that allows users to virtually "try on" cosmetic procedures and visualize realistic results right from the palm of their hand. The iOS app is the most accurate facial morphing technology available outside professional medical practices. While AEDITOR was not specifically asked about in the survey, 55. percent of adults and (62 percent of women and 67 percent of Millennials and Gen Z) indicated that they would be interested in an app or website that would allow them to see how surgery or aesthetic procedures affect their face/looks in a medically accurate way. Owning It Is In. So Is Good Skin.Millennials have long been influencing beauty trends as the first generation who came of age during the digital revolution. However, Baby Boomers tend to eclipse them when it comes to seeking out a tweak, lift, or poke in the search to remain naturally ageless.A shift is happening. The AEDIT survey showed that Millennials and Gen Z have significantly more interest in non-surgical and surgical treatments than men and women age 35 and up and are more likely to already have seen a doctor or had a surgical treatment than their Gen X and Boomer peers. Millennials, and now Gen Z, largely embrace aesthetic edits with open arms and zero apologies, with 40 percent stating that they do not feel ashamed or embarrassed getting aesthetic treatments. The survey supports this, showing that over 40 percent of respondents still want to feel confident in their looks during the pandemic. This population is specifically interested in aesthetic treatments to look naturally more attractive. It follows that the survey also uncovered a jump in participants using facial skincare products during the pandemic, despite a decrease in using cosmetics in 2020."At AEDIT, we believe true beauty is unearthed by those who choose to be uniquely themselves rather than conform to a standard. We strive to inspire a movement that will empower everyone to be bold and challenge the preconceived notions of beauty by living by their own aesthetic," Dr. Kennedy notes.Looking AheadAEDITBeauty Board Member and Beverly Hills facial plastic surgeon,Andrew Frankel, MD, predicts, "2021 will begin as 2020 has been for the past three months. There might be a lull in elective surgery once the pandemic is cleared and life returns to normal because people will likely not want to be home recuperating at that point: They will long to be out enjoying themselves. As such, promoting injectables and non-surgical procedures will be fruitful right as the world opens up again and people wish to look their best upon reentry."The AEDIT survey was conducted by third-party ACUPOLL Precision Research, Inc. in December 2020 among a nationally-representative population of 1,000 Adults 18 years of age and older.ABOUT AEDITFounded by William A. Kennedy III, MD, a world renowned board certified head and neck surgeon and fellowship-trained facial plastic and reconstructive surgeon, AEDIT serves as a single destination for trusted, unbiased, and medically approved content and tools in support of every step of the aesthetic journey from discovery to recovery. aedit.comFollow AEDIT:@aeditSOURCE Aedit Related Links https://aedit.com/

edtsum496

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, Wash.--(BUSINESS WIRE)--Nautilus, Inc. (the Company) (NYSE: NLS), the innovation leader in home fitness for over 30 years, today announced that the Company will report its financial results for the fourth quarter and full year ended December 31, 2020 after the market closes on February 22, 2021, followed by a management hosted conference call to discuss the Company's operating results. The live conference call and webcast is scheduled for 1:30 p.m. PT (4:30 p.m. ET) on Monday, February 22, 2021. The conference call can be accessed by calling (877) 425-9470 in North America and International callers may dial (201) 389-0878. Additionally, there will be presentation slides accompanying the earnings call. The slides will be displayed live on the webcast and will be available to download via the webcast player or at Nautilus website at http://www.nautilusinc.com/events. A replay of the webcast will be available on the Company website for six months and a telephonic playback will be available for two weeks following the event and can be accessed by dialing (844) 512-2921 in North America and International participants dialing (412) 317-6671. The passcode for the playback is 13715623. About Nautilus, Inc. Nautilus, Inc. (NYSE:NLS) is the global leader in innovative home fitness solutions. The companys diverse brand portfolio includes Bowflex, Nautilus, Schwinn, and a broad selection of exercise bikes, cardio equipment, strength training products, as well as the JRNY digital fitness platform. Nautilus, Inc. empowers healthier living through individualized connected fitness experiences. The company sells its products through direct and retail channels. Nautilus, Inc. uses the investor relations page of its website (www.nautilusinc.com/investors) to make information available to its investors and the market. Answer:

Nautilus, Inc. to Announce Fourth Quarter and Full Year 2020 Results on Monday, February 22, 2021

VANCOUVER, Wash.--(BUSINESS WIRE)--Nautilus, Inc. (the Company) (NYSE: NLS), the innovation leader in home fitness for over 30 years, today announced that the Company will report its financial results for the fourth quarter and full year ended December 31, 2020 after the market closes on February 22, 2021, followed by a management hosted conference call to discuss the Company's operating results. The live conference call and webcast is scheduled for 1:30 p.m. PT (4:30 p.m. ET) on Monday, February 22, 2021. The conference call can be accessed by calling (877) 425-9470 in North America and International callers may dial (201) 389-0878. Additionally, there will be presentation slides accompanying the earnings call. The slides will be displayed live on the webcast and will be available to download via the webcast player or at Nautilus website at http://www.nautilusinc.com/events. A replay of the webcast will be available on the Company website for six months and a telephonic playback will be available for two weeks following the event and can be accessed by dialing (844) 512-2921 in North America and International participants dialing (412) 317-6671. The passcode for the playback is 13715623. About Nautilus, Inc. Nautilus, Inc. (NYSE:NLS) is the global leader in innovative home fitness solutions. The companys diverse brand portfolio includes Bowflex, Nautilus, Schwinn, and a broad selection of exercise bikes, cardio equipment, strength training products, as well as the JRNY digital fitness platform. Nautilus, Inc. empowers healthier living through individualized connected fitness experiences. The company sells its products through direct and retail channels. Nautilus, Inc. uses the investor relations page of its website (www.nautilusinc.com/investors) to make information available to its investors and the market.

edtsum497

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 HEIGHTS, Mich., Nov. 24, 2020 /PRNewswire/ -- Mopeca leading provider of high-quality pathology, anatomy, mortuary and necropsy equipment and productsis now offering the Guardian Cold Storage Container System, an all-inclusive and temporary solution for morgue capacity issues. Available for monthly rentals, Mopec's Guardian Cold Storage system sits at ground level for easier loading and unloading and comes with stainless steel racks and trays, body bags and a battery-powered body lift. The systems are electrically powered and can be delivered in 3-5 business days. "Unfortunately, the country continues to see surges in COVID-19, which has resulted in capacity issues at hospitals, morgues and funeral homes," said Jay Troger, CEO of Mopec. "The Guardian Cold Storage system is an immediate solution to capacity challenges, provides humane storage of decedents and helps keep workers safe." Available for monthly rentals, the Guardian Cold Storage system sits at ground level for easier loading and unloading and comes with stainless steel racks and trays, body bags and a battery-powered body lift. The systems are electrically powered and can be delivered in 3-5 days. "We know that every community is dealing with unique challenges, and we are working to design customizable solutions that meet their needs," said Troger. "While we all hope COVID-19 numbers start to decline, the reality is that there are likely long months ahead. This is the time to examine community trends to ensure preparedness for worst-case scenarios." The Guardian Cold Storage Container System is the latest addition to Mopec's Guardian Systems line, designed to meet COVID-19 response needs. The Guardian System line also includes the MAXAIR CAPR Series of powered air-purifying respirators, the portable and scalable MERC remains cooling system and Safe View Body Bags. Mopec's experienced team of professionals is available to provide customized emergency preparedness, mass fatality response and surge capacity products and services in support of the ongoing COVID-19 pandemic. The company's recently published whitepaper The Future of Mass Fatality Preparedness provides valuable insight and guidance on preparedness best practices. To access the whitepaper or learn more about Mopec's products and services, visit Mopec.com.About MopecMopec, based inMadison Heights, Michigan, is a manufacturer and distributor of high-quality pathology, anatomy, mortuary, and necropsy equipment and products. Founded in 1992, Mopec differentiates itself through its extensive engineering process, superior design, and market-leading quality. Mopec isBetter By Designand specializes in solutions for hospitals, universities, morgues, and a variety of other markets. Mopec is committed to the production innovative products and providing high quality customer service. For more information, visitwww.mopec.com.MEDIA CONTACT:Lisa Lark+1 313.410.8477[emailprotected]SOURCE Mopec Answer:

Mopec Guardian Cold Storage Container System Now Available All-inclusive solution provides overflow capacity during mass fatality and COVID-19 response

MADISON HEIGHTS, Mich., Nov. 24, 2020 /PRNewswire/ -- Mopeca leading provider of high-quality pathology, anatomy, mortuary and necropsy equipment and productsis now offering the Guardian Cold Storage Container System, an all-inclusive and temporary solution for morgue capacity issues. Available for monthly rentals, Mopec's Guardian Cold Storage system sits at ground level for easier loading and unloading and comes with stainless steel racks and trays, body bags and a battery-powered body lift. The systems are electrically powered and can be delivered in 3-5 business days. "Unfortunately, the country continues to see surges in COVID-19, which has resulted in capacity issues at hospitals, morgues and funeral homes," said Jay Troger, CEO of Mopec. "The Guardian Cold Storage system is an immediate solution to capacity challenges, provides humane storage of decedents and helps keep workers safe." Available for monthly rentals, the Guardian Cold Storage system sits at ground level for easier loading and unloading and comes with stainless steel racks and trays, body bags and a battery-powered body lift. The systems are electrically powered and can be delivered in 3-5 days. "We know that every community is dealing with unique challenges, and we are working to design customizable solutions that meet their needs," said Troger. "While we all hope COVID-19 numbers start to decline, the reality is that there are likely long months ahead. This is the time to examine community trends to ensure preparedness for worst-case scenarios." The Guardian Cold Storage Container System is the latest addition to Mopec's Guardian Systems line, designed to meet COVID-19 response needs. The Guardian System line also includes the MAXAIR CAPR Series of powered air-purifying respirators, the portable and scalable MERC remains cooling system and Safe View Body Bags. Mopec's experienced team of professionals is available to provide customized emergency preparedness, mass fatality response and surge capacity products and services in support of the ongoing COVID-19 pandemic. The company's recently published whitepaper The Future of Mass Fatality Preparedness provides valuable insight and guidance on preparedness best practices. To access the whitepaper or learn more about Mopec's products and services, visit Mopec.com.About MopecMopec, based inMadison Heights, Michigan, is a manufacturer and distributor of high-quality pathology, anatomy, mortuary, and necropsy equipment and products. Founded in 1992, Mopec differentiates itself through its extensive engineering process, superior design, and market-leading quality. Mopec isBetter By Designand specializes in solutions for hospitals, universities, morgues, and a variety of other markets. Mopec is committed to the production innovative products and providing high quality customer service. For more information, visitwww.mopec.com.MEDIA CONTACT:Lisa Lark+1 313.410.8477[emailprotected]SOURCE Mopec

edtsum498

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: MIAMI, March 26, 2021 /PRNewswire/ -- Max, founder of f1savannahkittens.com, started their cattery as a rescue group for African servals. He said, "African servals have been made widely popular on social media over the past few years, unfortunately unprepared owners began giving these cats up at adulthood left and right". The problem is uneducated new adopters. If African servals were not raised in a particular manner, keeping one in the house as an adult would be nearly impossible. Continue Reading F1 Savannahs F1 Savannahs F1 Savannahs We started F1 Savannah Kittens to give people an alternative other than adopting a fully wild cat. F1 Savannah cats are 50% African serval and 50% domestic cat. This breeds out any aggressive behavior and makes a much easier pet to keep for the average household. "We never wanted to breed, we simply needed to give people an alternative to purchasing a cat that almost certainly would not be kept. We also wanted to combat the current F1 Savannah breeders that simply used breeding as a cash grab. The way in which we noticed they caged and bred these cats got me outraged. We began to expose ever unethical breeder who didn't raise and care for these animals with the love they deserve. You can always see rescue groups going after neglectful dog breeders, these cats need a voice to stand up for them." People love Savannah cats because they act like dogs and they have a beautiful exotic aesthetic. They are an extremely intelligent breed, and many owners teach them trick; to sit and say the word "no". They are easily trained to be walked on a leash. Unlike dogs, they are not as dependent on their owners. As regular cats, they too use a litter box. The first-generation cats have been seen to grow up to 50 lbs. and 4 feet long! They love to follow humans around, cuddle in bed and chirp when they want something! That is right, chirp! Just like the African Serval, F1 Savannah cats sometimes inherit the "chirping" sound. Some Savannah cats love to groom their owners, love to swim, and are known to be extremely affectionate.How Much do Real F1 Savannah Kittens Cost? Depending on their assessment, real deal F1 Savannahs go from $15,000 to $20,000.www.youtube.com/watch?v=mQcR_il8cW8Media Contact:F1 Savannahs818-934-4657[emailprotected] SOURCE F1 Savannahs Answer:

F1 Savannah Cats: These Huge Exotic Kitties Love to Play Fetch and Swim; and Cost Upwards of $20,000

MIAMI, March 26, 2021 /PRNewswire/ -- Max, founder of f1savannahkittens.com, started their cattery as a rescue group for African servals. He said, "African servals have been made widely popular on social media over the past few years, unfortunately unprepared owners began giving these cats up at adulthood left and right". The problem is uneducated new adopters. If African servals were not raised in a particular manner, keeping one in the house as an adult would be nearly impossible. Continue Reading F1 Savannahs F1 Savannahs F1 Savannahs We started F1 Savannah Kittens to give people an alternative other than adopting a fully wild cat. F1 Savannah cats are 50% African serval and 50% domestic cat. This breeds out any aggressive behavior and makes a much easier pet to keep for the average household. "We never wanted to breed, we simply needed to give people an alternative to purchasing a cat that almost certainly would not be kept. We also wanted to combat the current F1 Savannah breeders that simply used breeding as a cash grab. The way in which we noticed they caged and bred these cats got me outraged. We began to expose ever unethical breeder who didn't raise and care for these animals with the love they deserve. You can always see rescue groups going after neglectful dog breeders, these cats need a voice to stand up for them." People love Savannah cats because they act like dogs and they have a beautiful exotic aesthetic. They are an extremely intelligent breed, and many owners teach them trick; to sit and say the word "no". They are easily trained to be walked on a leash. Unlike dogs, they are not as dependent on their owners. As regular cats, they too use a litter box. The first-generation cats have been seen to grow up to 50 lbs. and 4 feet long! They love to follow humans around, cuddle in bed and chirp when they want something! That is right, chirp! Just like the African Serval, F1 Savannah cats sometimes inherit the "chirping" sound. Some Savannah cats love to groom their owners, love to swim, and are known to be extremely affectionate.How Much do Real F1 Savannah Kittens Cost? Depending on their assessment, real deal F1 Savannahs go from $15,000 to $20,000.www.youtube.com/watch?v=mQcR_il8cW8Media Contact:F1 Savannahs818-934-4657[emailprotected] SOURCE F1 Savannahs

edtsum499

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 "Hemophilia A - Market Insights, Epidemiology, and Market Forecast - 2030" drug pipelines has been added to ResearchAndMarkets.com's offering. This report delivers an in-depth understanding of the Hemophilia A, historical and forecasted epidemiology as well as the Hemophilia A market trends in the United States, EU5 (Germany, France, Italy, Spain, and United Kingdom), and Japan. The Hemophilia A market report provides current treatment practices, emerging drugs, Hemophilia A market share of the individual therapies, current and forecasted Hemophilia A market size from 2018 to 2030 segmented by seven major markets. The Report also covers current Hemophilia A treatment practice/algorithm, market drivers, market barriers, and unmet medical needs to curate the best of the opportunities and assesses the underlying potential of the market. The current market for Hemophilia A includes Recombinant factor VIII (short and long-acting), Plasma-derived products, bypassing agents, bi-specific antibody, and a few others. The majority of the products in these classes were approved long back ago. Even after the launch of approved therapies now and then by regulatory authorities in the major markets, patients were stuck with treatments that had to be taken frequently to manage this disorder. However, the treatment landscape of hemophilia A have started to evolve over the period, as longer-acting hemophilia treatment options, and bispecific antibody have entered the hemophilia A market space. Besides this, gene therapy development is also reported for this disorder. Hence, the therapeutic market of Hemophilia A shall significantly rise in the coming years, owing to the expected launch of upcoming novel therapies, which will offer a curative option to the patients. Key Findings The overall prevalent cases of Hemophilia A in 2020 are projected to be around 43,243 in the 7MM that are expected to grow during the study period, i.e., 2018-2030. The disease epidemiology covered in the report provides historical as well as forecasted Hemophilia A epidemiology [segmented as Total diagnosed Prevalent Pool of Hemophilia A, Severity-specific diagnosed Prevalent Pool of Hemophilia A, Inhibitor-specific Prevalent Pool of Hemophilia A and Total Treated Cases of Hemophilia A] scenario of Hemophilia A in the 7MM covering the United States, EU5 countries (Germany, France, Italy, Spain, and United Kingdom), and Japan from 2018 to 2030. Country Wise- Hemophilia A Epidemiology Hemophilia A Drug Chapters Drug chapter segment of the Hemophilia A report encloses the detailed analysis of Hemophilia A developmental stage pipeline drugs. It also helps to understand the Hemophilia A clinical trial details, expressive pharmacological action, agreements and collaborations, approval and patent details, advantages and disadvantages of each included drug, and the latest news and press releases. Key Findings The Hemophilia A market size in the 7MM is expected to change during the study period 2018-2030, at a CAGR of 10.2%. According to the estimates, the highest market size of Hemophilia A is accessed in the United States followed by the United Kingdom, Japan, and France in 2020. Reasons to Buy Companies Mentioned For more information about this drug pipelines report visit https://www.researchandmarkets.com/r/j4t3yr Answer:

Global Hemophilia A Market to 2030 - Insights, Epidemiology and Forecast - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Hemophilia A - Market Insights, Epidemiology, and Market Forecast - 2030" drug pipelines has been added to ResearchAndMarkets.com's offering. This report delivers an in-depth understanding of the Hemophilia A, historical and forecasted epidemiology as well as the Hemophilia A market trends in the United States, EU5 (Germany, France, Italy, Spain, and United Kingdom), and Japan. The Hemophilia A market report provides current treatment practices, emerging drugs, Hemophilia A market share of the individual therapies, current and forecasted Hemophilia A market size from 2018 to 2030 segmented by seven major markets. The Report also covers current Hemophilia A treatment practice/algorithm, market drivers, market barriers, and unmet medical needs to curate the best of the opportunities and assesses the underlying potential of the market. The current market for Hemophilia A includes Recombinant factor VIII (short and long-acting), Plasma-derived products, bypassing agents, bi-specific antibody, and a few others. The majority of the products in these classes were approved long back ago. Even after the launch of approved therapies now and then by regulatory authorities in the major markets, patients were stuck with treatments that had to be taken frequently to manage this disorder. However, the treatment landscape of hemophilia A have started to evolve over the period, as longer-acting hemophilia treatment options, and bispecific antibody have entered the hemophilia A market space. Besides this, gene therapy development is also reported for this disorder. Hence, the therapeutic market of Hemophilia A shall significantly rise in the coming years, owing to the expected launch of upcoming novel therapies, which will offer a curative option to the patients. Key Findings The overall prevalent cases of Hemophilia A in 2020 are projected to be around 43,243 in the 7MM that are expected to grow during the study period, i.e., 2018-2030. The disease epidemiology covered in the report provides historical as well as forecasted Hemophilia A epidemiology [segmented as Total diagnosed Prevalent Pool of Hemophilia A, Severity-specific diagnosed Prevalent Pool of Hemophilia A, Inhibitor-specific Prevalent Pool of Hemophilia A and Total Treated Cases of Hemophilia A] scenario of Hemophilia A in the 7MM covering the United States, EU5 countries (Germany, France, Italy, Spain, and United Kingdom), and Japan from 2018 to 2030. Country Wise- Hemophilia A Epidemiology Hemophilia A Drug Chapters Drug chapter segment of the Hemophilia A report encloses the detailed analysis of Hemophilia A developmental stage pipeline drugs. It also helps to understand the Hemophilia A clinical trial details, expressive pharmacological action, agreements and collaborations, approval and patent details, advantages and disadvantages of each included drug, and the latest news and press releases. Key Findings The Hemophilia A market size in the 7MM is expected to change during the study period 2018-2030, at a CAGR of 10.2%. According to the estimates, the highest market size of Hemophilia A is accessed in the United States followed by the United Kingdom, Japan, and France in 2020. Reasons to Buy Companies Mentioned For more information about this drug pipelines report visit https://www.researchandmarkets.com/r/j4t3yr