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1316710-000129993306000294-exhibit1	EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1 PRESS RELEASE Columbia Equity Trust, Inc. [Logo] 1750 H Street, NW Suite 500 Washington, D.C. 20006 Tel (202) 303 - 3080 ________________________________________________ Columbia Equity Trust, Inc. Announces $34.1 Million Acquisition Washington, D.C., January 13, 2006 - Columbia Equity Trust, Inc. (NYSE: COE) announced today that it acquired 1025 Vermont Avenue in Washington, D.C. for a purchase price of $34.1 million. Originally constructed in 1963 and renovated in 1987 and 2004, 1025 Vermont Avenue is a twelve-story, approximately 115,000 square foot, multi-tenant office building located in Washington's East End. The building is within a half-block of McPherson Square and walking distance to three Metrorail subway stations. 1025 Vermont Avenue is currently 97% leased to 27 tenants. 1025 Vermont Avenue is expected to generate a first-year net operating income-to-purchase price return (cash basis) of approximately 6.7%. In conjunction with the acquisition, Columbia assumed an existing financing in the amount of $19.0 million at a fixed interest rate of 4.91% which matures in January 2010. The balance of the acquisition was funded with proceeds from the Company's revolving credit facility. About Columbia Equity Trust, Inc. Columbia is a self-advised, self-managed Maryland corporation focused on the acquisition, development, renovation, repositioning, ownership, management and operation of commercial office properties located predominantly in the Greater Washington, D.C. area. For additional information please visit our web site at http://www.columbiareit.com . Forward Looking Statements Certain statements in this release that are not historical fact may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of the Company to differ materially from historical results or from any results expressed or implied by such forward-looking statements, including without limitation: national and local economic, business, real estate and other market conditions; the competitive environment in which the Company operates; the execution of its business plan; financing risks; the Company's ability to maintain its status as a REIT for federal income tax purposes; acquisition and development risks; potential environmental and other liabilities; and other factors affecting the real estate industry generally or the office industry in particular. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. For a further discussion of these and other factors that could impact the Company's future results, performance, achievements or transactions, see the documents filed by the Company from time to time with the Securities and Exchange Commission, and in particular the section titled, "Risk Factors" in the Company's prospectus. CONTACT COLUMBIA EQUITY TRUST, INC. JOHN SCHISSEL CHIEF FINANCIAL OFFICER 202-303-3080	[ "EX", "-", "99", ".", "1", "2", "exhibit1", ".", "htm", "EX", "-", "99", ".", "1", "EX", "-", "99", ".", "1", "PRESS", "RELEASE", "Columbia", "Equity", "Trust", ",", "Inc", ".", "[", "Logo", "]", "1750", "H", "Street", ",", "NW", "Suite", "500", "Washington", ",", "D", ".", "C", ".", "20006", "Tel", "(", "202", ")", "303", "-", "3080", "________________________________________________", "Columbia", "Equity", "Trust", ",", "Inc", ".", "Announces", "$", "34.1 Million", "Acquisition", "Washington", ",", "D", ".", "C", ".", ",", "January", "13", ",", "2006", "-", "Columbia", "Equity", "Trust", ",", "Inc", ".", "(", "NYSE", ":", "COE", ")", "announced", "today", "that", "it", "acquired", "1025", "Vermont", "Avenue", "in", "Washington", ",", "D", ".", "C", ".", "for", "a", "purchase", "price", "of", "$", "34.1 million", ".", "Originally", "constructed", "in", "1963", "and", "renovated", "in", "1987", "and", "2004", ",", "1025", "Vermont", 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897861-000118143109032835-rrd246772_28881	EX-99.1 2 rrd246772_28881.htm FIRST STATE BANCORPORATION PRESS RELEASE DATED JUNE 26, 2009 First State Bancorporation ("First State") (NASDAQ:FSNM) today announced that it has reached a definitive agreement to sell its Colorado operations to Great Western Bank, a South Dakota subsidiary of National Australia Bank H. Patrick Dee Chief Operating Officer (505) 241-7102 Christopher C. Spencer Chief Financial Officer (505) 241-7154 NEWS RELEASE FIRST STATE BANCORPORATION COMPLETES SALE OF COLORADO BRANCHES Albuquerque, N.M. - June 26, 2009 - First State Bancorporation ("First State") (NASDAQ:FSNM) today announced that it has completed the sale of its Colorado branches to Great Western Bank, a South Dakota-based subsidiary of National Australia Bank. The terms of the transaction call for the transfer of approximately $385 million in loans, $509 million in deposits, $20 million of premises and equipment and other assets, and the payment of a deposit premium of approximately $30 million. After the write-off of the core deposit intangible associated with these deposits and transaction costs, First State expects to record a pretax gain of approximately $23 million. "This transaction will boost our total risk-based capital ratio at both the bank and holding company levels to above 11.0%, compared to 9.0% at the bank and 8.9% at the holding company as of March 31, 2009, bringing us back to a well-capitalized position under regulatory guidelines at June 30, 2009", explained Michael R. Stanford, President and Chief Executive Officer of First State. "This transaction has solidified our capital position and is a decisive step to protecting our legacy New Mexico market and our independence. These capital ratios also do not include the more than $55 million that we have in our allowance for loan losses that is not part of the capital calculation, which further insulates our balance sheet from future losses in our loan portfolio", continued Stanford. ABOUT FIRST STATE First State Bancorporation is a New Mexico based commercial bank holding company (NASDAQ:FSNM). First State provides services, through its subsidiary First Community Bank, to customers from a total of 40 branches located in New Mexico and Arizona. On Friday, June 26, 2009, First State's stock closed at $2.00 per share. ADDITIONAL INFORMATION AND WHERE TO FIND IT Certain statements in this news release are 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 (the "Exchange Act"). These statements are based on management's current expectations or predictions of future results or events. We make these forward-looking statements in reliance on the safe harbor provisions provided under the Private Securities Litigation Reform Act of 1995. First State's news releases and filings with the Securities and Exchange Commission are available through the Investor Relations section of First State's website at www.fcbnm.com.	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1653821-000143774921023598-ex_290867	EX-99.1 5 ex_290867.htm EXHIBIT 99.1 ex_290867.htm Exhibit 99.1 CEN Biotech Inc. Announces the Closing of LED Patent Acquisition Windsor, ON - October 13, 2021 (Newswire)- CEN Biotech Inc. ("CEN" or the "Company") (OTC Pink: CENBF), a global holding company focused on the manufacturing, production and development of LED lighting technology and hemp-based products intended to help improve your state of health and well-being, is pleased to announce that it is has consummated the transaction for Patent Number U.S. 8,723,425 (the "Patent"). On October 7, 2021, CEN entered into an Asset Purchase Agreement (the "Agreement") in connection with the purchase and acquisition of the right, title, and interest in and to the Patent, as more particularly described in the APA and related transaction documents. Pursuant to the Agreement, Tesla Digital, Inc., Tesla Digital Global Group, Inc. and Stevan Pokrajac (together, the "Sellers") are to receive 5,000,000 shares of CEN common stock which were reserved for issuance at closing of the Agreement. As additional consideration, the Sellers acknowledged receipt of two parcels of real property from CEN. "This strategic acquisition is the first step in creating a truly global agriculture company dedicated to a person's health and well-being using innovations in LED lighting technologies. We believe the use of this LED patented technology can be widely implemented in many industries such as indoor growing, automotive and industrial applications. This technology can limit the amount of heat generated from the operation of the LED lights and the amount of power needed to operate them." commented Bahige (Bill) Chaaban, the Company's CEO and Executive Chairman. The inventor of the Patent, Stevan Pokrajac, commented also, "We look forward to continuing the development and sales of our patented technology across a wide range of platforms and industries, including indoor agriculture applications, automotive and aerospace industries, and technologies that require minimal heat and power consumption". About CEN Biotech Inc. CEN Biotech, Inc. is a global holding company focused on the manufacturing, production and development of LED lighting technology and hemp-based products. The Company intends to continue to explore the usage of hemp, which it now intends to cultivate for usage in industrial, medical and food products. For further information on the Company, please visit our website at www.cenbiotechinc.com. Information about the Company can also be found on the Securities and Exchange Commission's EDGAR site under the Issuer Profile of "CEN Biotech Inc". Forward Looking Statements This press release contains "forward-looking" statements. In particular, the words "believe", "may", "could", "should", "expect", "anticipate", "estimate", "project", "propose", "plan", "intend", and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this press release about an action, event or development, are forward-looking statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions, many of which may be beyond control of CEN Biotech Inc. ("CEN"), that could cause actual results to differ from those in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. Although CEN believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, factors that cannot be predicted with certainty, as well as additional risks and uncertainties that are identified and described in CEN's reports filed with the Securities and Exchange Commission (the "SEC"). Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. CEN does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement except as required in accordance with applicable laws. Press Contact Brian S. Payne Vice President and Director CEN Biotech Inc. Phone: (519) 419-4958, Extension 1505 Email: brian@cenbiotechinc.com	[ "EX", "-", "99", ".", "1", "5", "ex", "_", "290867", ".", "htm", "EXHIBIT", "99", ".", "1", "ex", "_", "290867", ".", "htm", "Exhibit", "99", ".", "1", "CEN", "Biotech", "Inc", ".", "Announces", "the", "Closing", "of", "LED", "Patent", "Acquisition", "Windsor", ",", "ON", "-", "October", "13", ",", "2021", "(", "Newswire", ")", "-", "CEN", "Biotech", "Inc", ".", "(", "\"", "CEN", "\"", "or", "the", "\"", "Company", "\"", ")", "(", "OTC", "Pink", ":", "CENBF", ")", ",", "a", "global", "holding", "company", "focused", "on", "the", "manufacturing", ",", "production", "and", "development", "of", "LED", "lighting", "technology", "and", "hemp", "-", "based", "products", "intended", "to", "help", "improve", "your", "state", "of", "health",

1316710-000129993306000294-exhibit1

EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1 PRESS RELEASE Columbia Equity Trust, Inc. [Logo] 1750 H Street, NW Suite 500 Washington, D.C. 20006 Tel (202) 303 - 3080 ________________________________________________ Columbia Equity Trust, Inc. Announces $34.1 Million Acquisition Washington, D.C., January 13, 2006 - Columbia Equity Trust, Inc. (NYSE: COE) announced today that it acquired 1025 Vermont Avenue in Washington, D.C. for a purchase price of $34.1 million. Originally constructed in 1963 and renovated in 1987 and 2004, 1025 Vermont Avenue is a twelve-story, approximately 115,000 square foot, multi-tenant office building located in Washington's East End. The building is within a half-block of McPherson Square and walking distance to three Metrorail subway stations. 1025 Vermont Avenue is currently 97% leased to 27 tenants. 1025 Vermont Avenue is expected to generate a first-year net operating income-to-purchase price return (cash basis) of approximately 6.7%. In conjunction with the acquisition, Columbia assumed an existing financing in the amount of $19.0 million at a fixed interest rate of 4.91% which matures in January 2010. The balance of the acquisition was funded with proceeds from the Company's revolving credit facility. About Columbia Equity Trust, Inc. Columbia is a self-advised, self-managed Maryland corporation focused on the acquisition, development, renovation, repositioning, ownership, management and operation of commercial office properties located predominantly in the Greater Washington, D.C. area. For additional information please visit our web site at http://www.columbiareit.com . Forward Looking Statements Certain statements in this release that are not historical fact may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of the Company to differ materially from historical results or from any results expressed or implied by such forward-looking statements, including without limitation: national and local economic, business, real estate and other market conditions; the competitive environment in which the Company operates; the execution of its business plan; financing risks; the Company's ability to maintain its status as a REIT for federal income tax purposes; acquisition and development risks; potential environmental and other liabilities; and other factors affecting the real estate industry generally or the office industry in particular. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. For a further discussion of these and other factors that could impact the Company's future results, performance, achievements or transactions, see the documents filed by the Company from time to time with the Securities and Exchange Commission, and in particular the section titled, "Risk Factors" in the Company's prospectus. CONTACT COLUMBIA EQUITY TRUST, INC. JOHN SCHISSEL CHIEF FINANCIAL OFFICER 202-303-3080

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897861-000118143109032835-rrd246772_28881

EX-99.1 2 rrd246772_28881.htm FIRST STATE BANCORPORATION PRESS RELEASE DATED JUNE 26, 2009 First State Bancorporation ("First State") (NASDAQ:FSNM) today announced that it has reached a definitive agreement to sell its Colorado operations to Great Western Bank, a South Dakota subsidiary of National Australia Bank H. Patrick Dee Chief Operating Officer (505) 241-7102 Christopher C. Spencer Chief Financial Officer (505) 241-7154 NEWS RELEASE FIRST STATE BANCORPORATION COMPLETES SALE OF COLORADO BRANCHES Albuquerque, N.M. - June 26, 2009 - First State Bancorporation ("First State") (NASDAQ:FSNM) today announced that it has completed the sale of its Colorado branches to Great Western Bank, a South Dakota-based subsidiary of National Australia Bank. The terms of the transaction call for the transfer of approximately $385 million in loans, $509 million in deposits, $20 million of premises and equipment and other assets, and the payment of a deposit premium of approximately $30 million. After the write-off of the core deposit intangible associated with these deposits and transaction costs, First State expects to record a pretax gain of approximately $23 million. "This transaction will boost our total risk-based capital ratio at both the bank and holding company levels to above 11.0%, compared to 9.0% at the bank and 8.9% at the holding company as of March 31, 2009, bringing us back to a well-capitalized position under regulatory guidelines at June 30, 2009", explained Michael R. Stanford, President and Chief Executive Officer of First State. "This transaction has solidified our capital position and is a decisive step to protecting our legacy New Mexico market and our independence. These capital ratios also do not include the more than $55 million that we have in our allowance for loan losses that is not part of the capital calculation, which further insulates our balance sheet from future losses in our loan portfolio", continued Stanford. ABOUT FIRST STATE First State Bancorporation is a New Mexico based commercial bank holding company (NASDAQ:FSNM). First State provides services, through its subsidiary First Community Bank, to customers from a total of 40 branches located in New Mexico and Arizona. On Friday, June 26, 2009, First State's stock closed at $2.00 per share. ADDITIONAL INFORMATION AND WHERE TO FIND IT Certain statements in this news release are 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 (the "Exchange Act"). These statements are based on management's current expectations or predictions of future results or events. We make these forward-looking statements in reliance on the safe harbor provisions provided under the Private Securities Litigation Reform Act of 1995. First State's news releases and filings with the Securities and Exchange Commission are available through the Investor Relations section of First State's website at www.fcbnm.com.

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1653821-000143774921023598-ex_290867

EX-99.1 5 ex_290867.htm EXHIBIT 99.1 ex_290867.htm Exhibit 99.1 CEN Biotech Inc. Announces the Closing of LED Patent Acquisition Windsor, ON - October 13, 2021 (Newswire)- CEN Biotech Inc. ("CEN" or the "Company") (OTC Pink: CENBF), a global holding company focused on the manufacturing, production and development of LED lighting technology and hemp-based products intended to help improve your state of health and well-being, is pleased to announce that it is has consummated the transaction for Patent Number U.S. 8,723,425 (the "Patent"). On October 7, 2021, CEN entered into an Asset Purchase Agreement (the "Agreement") in connection with the purchase and acquisition of the right, title, and interest in and to the Patent, as more particularly described in the APA and related transaction documents. Pursuant to the Agreement, Tesla Digital, Inc., Tesla Digital Global Group, Inc. and Stevan Pokrajac (together, the "Sellers") are to receive 5,000,000 shares of CEN common stock which were reserved for issuance at closing of the Agreement. As additional consideration, the Sellers acknowledged receipt of two parcels of real property from CEN. "This strategic acquisition is the first step in creating a truly global agriculture company dedicated to a person's health and well-being using innovations in LED lighting technologies. We believe the use of this LED patented technology can be widely implemented in many industries such as indoor growing, automotive and industrial applications. This technology can limit the amount of heat generated from the operation of the LED lights and the amount of power needed to operate them." commented Bahige (Bill) Chaaban, the Company's CEO and Executive Chairman. The inventor of the Patent, Stevan Pokrajac, commented also, "We look forward to continuing the development and sales of our patented technology across a wide range of platforms and industries, including indoor agriculture applications, automotive and aerospace industries, and technologies that require minimal heat and power consumption". About CEN Biotech Inc. CEN Biotech, Inc. is a global holding company focused on the manufacturing, production and development of LED lighting technology and hemp-based products. The Company intends to continue to explore the usage of hemp, which it now intends to cultivate for usage in industrial, medical and food products. For further information on the Company, please visit our website at www.cenbiotechinc.com. Information about the Company can also be found on the Securities and Exchange Commission's EDGAR site under the Issuer Profile of "CEN Biotech Inc". Forward Looking Statements This press release contains "forward-looking" statements. In particular, the words "believe", "may", "could", "should", "expect", "anticipate", "estimate", "project", "propose", "plan", "intend", and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this press release about an action, event or development, are forward-looking statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions, many of which may be beyond control of CEN Biotech Inc. ("CEN"), that could cause actual results to differ from those in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. Although CEN believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, factors that cannot be predicted with certainty, as well as additional risks and uncertainties that are identified and described in CEN's reports filed with the Securities and Exchange Commission (the "SEC"). Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. CEN does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement except as required in accordance with applicable laws. Press Contact Brian S. Payne Vice President and Director CEN Biotech Inc. Phone: (519) 419-4958, Extension 1505 Email: brian@cenbiotechinc.com

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