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NEW ORLEANS, Oct. 30, 2020 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Crown Castle International Corp. (NYSE: CCI). On February 26, 2020, the Company disclosed that it would have to restate "financial statements for the years ended December 31, 2018 and 2017, and unaudited financial information for the quarterly and year-to-date periods in the year ended December 31, 2018 and for the first three quarters in the year ended December 31, 2019" because its historical accounting practice for tower installation services was not acceptable under GAAP. Then, on May 1, 2020, the Company disclosed in its Form 10Q quarterly report for the period ended March 31, 2020 that it received a subpoena from the SEC in September 2019 seeking "certain documents from 2015 through the present, primarily related to the Company's long-standing capitalization and expense policies for tenant upgrades and installations in its services business." The Company has been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which remains ongoing. KSF's investigation is focusing on whether Crown Castle's officers and/or directors breached their fiduciary duties to Crown Castle's shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation, or have been a long-term holder of Crown Castle shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([emailprotected]), or visit https://www.ksfcounsel.com/cases/nyse-cci/ to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana. To learn more about KSF, you may visit www.ksfcounsel.com. Contact: Kahn Swick & Foti, LLCLewis Kahn, Managing Partner[emailprotected]1-877-515-18501100 Poydras St., Suite 3200New Orleans, LA 70163 SOURCE Kahn Swick & Foti, LLC Related Links http://www.ksfcounsel.com | CROWN CASTLE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Crown Castle International Corp. - CCI |
PITTSBURGH, May 4, 2020 /PRNewswire/ --Electrical contractors and do-it-yourselfers spend considerable time and energy on electrical connections for power, cable and phone installations using tape and screw caps. Interested in simplifying the process, an inventor from Wilmington, Ohio, modified the design of existing junction boxes. He developed the patent pending ELECTRICAL WIRING JUNCTION BOX to provide electricians with a simple, fast and secure means of making electrical connections. As such, it eliminates the involvement of twisted wire and insulated screw cap connector combinations and prevents wire braids or ends from touching each other. Thus, it improves safety and productivity for electrical wiring workers and saves them time and effort as well. It is also durable, versatile, practical and easy to use. Other appealing features include convenience, effectiveness and as affordable price. The original design was submitted to the Cincinnati sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-CCT-4410, 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 | InventHelp Inventor Develops Junction Box with Terminal Block (CCT-4410) |
DALLAS--(BUSINESS WIRE)--Theatro, pioneers of the world's first voice-controlled mobile platform connecting employees to resources across their enterprise, today announced its continued expansion into Gaming and Hospitality with the successful deployment at WANAAHA Casino. In just a few weeks with the Theatro solution, WANAAHA Casino has experienced significant improvements to guest service, team collaboration and productivity. WANAAHA Casino, owned and operated by the Bishop Paiute Tribe, is located at the foot of the Eastern Sierra mountain range and is the only 24-hour, Las Vegas style casino in the area. Prior to Theatro, WANAAHA struggled with the operational inefficiencies common with a dispersed, disconnected team, including the ability to foster a superior customer experience. The pre-existing two-way radios did not provide a common, cohesive mobile communication platform for all staff, which led to labor-intensive and multi-step processes for basic interactions, tasks and approvals that significantly impacted WANAAHAs operational efficiency, team members and the guest experience. These challenges were further exacerbated by COVID-19. The guest experience is a critical factor for the success of any casino, but their health and safety are paramount during the COVID-19 pandemic, said Gary Murrey, General Manager, WANAAHA Casino. Walkie-talkies simply arent as effective and efficient in enabling new processes and procedures or answering questions and serving guests as we need to be. Theatros intuitive hands-free platform has streamlined staff communication and messaging across departments, has been instrumental in improving every aspect of our floor experience through faster and better service, and has allowed us to get ahead, and stay ahead, of our COVID-19 response plan. Theatro breaks down barriers between departments, staff and leadership by digitally connecting each team member to Theatros Intelligent Voice Assistant. Specifically designed to address the needs of the critical on-floor workforce, Theatros virtual assistant enables employees to leverage the collective knowledge of their team and connect them to the resources they need to do their jobs in a heads up, hands free manner. WANAAHA has felt Theatros impact on multiple aspects of its business, including: Success in the gaming and hospitality industry requires numerous staff members across a host of departments and experience levels working in unison to create a safe, welcoming and personal experience for each guest, said Lesley Simmonds, VP & GM, Casinos & Hospitality, Theatro. By connecting every team member to the same intelligent platform, WANAAHA is poised to succeed through the COVID-19 pandemic, dramatically improve their operational efficiency and improve the experience of guests and team members alike. About Theatro Theatros heads up & hands-free solution enables enterprises to unlock the value of their frontline teams by connecting them to the people and information they need to do their jobs...all done through the power of voice! Theatro's solution enables employees in gaming, hospitality, retail, and manufacturing to provide outstanding customer experiences while driving employee productivity and operational profitability. For more information, visit http://www.theatro.com. | WANAAHA Casino Launches Theatros In-Ear Communication Platform to Drive Team Engagement and Elevate Guest Experience California gaming operator empowers every member of its team to communicate, collaborate and access necessary information through Theatros mobile IoT platform |
RESTON, Va., July 15, 2020 /PRNewswire/ -- As companies across the U.S. assess a potential return to office environments amid the continuing COVID-19 pandemic, new research from Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, reveals the extraordinary engagement levels of conferencing and collaboration tools that fueled the country's work-from-home experiment over the past several months. Comscore found that in May 2020, U.S. audiences spent a total of six billion minutes using top collaboration tools (Zoom.us, Microsoft Teams, Webex.com, Gottomeeting.com, Slack.com, Telegram.org, Skype.com, Monday.com). More than 109 million users engaged with these select collaboration platforms in that same month, totaling 41 percent of the total U.S. internet audience. This is up from a reach of 9.9 percent in May 2019, which represents a 322 percent increase in reach year-over-year. As businesses have adapted to the technology and communications needs of an increasingly remote workforce, two providers emerged: Zoom.us and Microsoft Teams. Unique visitors for Zoom.us and Microsoft Teams increased by 813 percent and 943 percent, respectively, year-over-year (May 2019 vs. May 2020). Though Zoom and Microsoft Teams have the deepest user penetration of collaboration platforms in the U.S., users often engage with multiple platforms to fulfill certain needs. For example, in May 2020, 40 percent of Microsoft Teams users also used Zoom.us, likely because both platforms provide a distinct user experience leading to heavy cross-over between the two. Comscore will continue to monitor these trends and provide ongoing insights on itsCoronavirus Insights Hub. To learn more about how Comscore can provide you with custom insights into media consumption, or help you to engage with COVID-19 content in a way that makes sense for your brand,contact us today. About ComscoreComscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms. With a data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore allows media buyers and sellers to quantify their multiscreen behavior and make business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. To learn more, visit www.comscore.com SOURCE Comscore Related Links www.comscore.com | Comscore Research Captures Transformative Reach of Collaboration Software During Pandemic Top collaboration tools generated 322 percent year-over-year increase, reached 41 percent of U.S. internet users in May 2020 |
SAN RAMON, Calif., Jan. 21, 2021 /PRNewswire/ -- Accela, the leading provider of cloud-based solutions for government,today announced the general availability of its new Civic Applicationfor Occupational Licensing. The cloud-based, user-friendly solution makes licensing review and approval for licensed occupations simpler and more transparent to foster economic growth, increase government responsiveness, and help professionals focus on maintaining community public health and safety. This is the latest addition to Accela's suite of out-of-the-box SaaS Civic Applications, which are designed to help agencies provide "consumer-like" experiences for residents, shorten time to value, and come pre-built with valuable best practices. "Efficient, effective, and scalable online occupational licensing enables jurisdictions to expedite workforce participation, fuel economic growth, and build trust with residents and business owners," said Troy Coggiola, Chief Product Officer at Accela. "Our new Civic Application for Occupational Licensing is a quick-to-implement cloud solution that removes many of the complex and cumbersome processes that can be challenging for licensees, and helps government agencies streamline and accelerate every step of the process to enhance community health and safety and increase employee productivity. The COVID-19 pandemic highlights the importance of system flexibility as occupational licensing policies are flexed to quickly accommodate expedited temporary licensing for retired, out-of-state, and pre-exam nurses, doctors, and other professionals. With a multitude of license types supported out of the box, the powerful underlying platform also enables jurisdictions to rapidly adjust to the challenges of the current public health crisis and beyond." In total, about 25 percent of the U.S. workforceis employed in an occupation licensed at the state level. These vary across each state and include accountants, barbers, chiropractors, dentists, lawyers, nurses, pharmacists, and more. The occupational licensing process is critical in enforcing important public safeguards while establishing clear guidelines for licensed professionals. Traditionalmethods can pose a variety of challenges, including a lack of transparency into the application status, long application or renewal processing times, difficulty validating education or work credentials, and lost or misplaced documentation. Accela's Civic Application for Occupational Licensing simplifies the entire license application and review process from start to finish, including submitting applications, paying the appropriate fees, providing education credentials and certifications, and tracking the application throughout the approval process. The solution moves all workflows and functions online, removing paper-based and manual steps to streamline the complexities of the licensing process and create transparent workflows for applicants. An easy-to-use online portal provides professionals with clear guidelines to obtain or renew licenses and makes it simple for applicants to upload documentation such as continuing education verification, reference letters, or work history. Agency staff have access to automated workflows and intelligent routing, which help improve data-sharing, speed up the review and issuance process, and execute public safeguards and proper code enforcement. The Civic Application for Occupational Licensing also provides the following benefits: Enhances customer service with the ability for agencies to accept license applications and renewals online 24/7 through an online portal, convenient online fee payment, and easy mobile accessibility for applicants and agency staff alike. An open API facilitates integrations with external information systems to validate education, work history, exam results, or other requirements needed to meet the unique needs of agencies. Powerful reporting tools empower leadership to measure, track, and analyze internal productivity and external activities, from the number of applications received, license types, late renewals, and more. Enables agencies to manage resident complaints and any necessary enforcement actions against license holders to enforce rules, regulations, and appropriate professional practices. Electronic document submission for employment history, transcripts, CE verification, or other required documentation speeds up the agency review process compared to paper applications being passed from desk to desk. The ease of use and clarity in the process encourages compliance with licensing and renewal requirements, increasing revenue to agencies. Automatic security patches and performance improvements and updates result in minimal maintenance for agencies. Today's announcement builds on Accela's commitment to creating modern, intuitive user experiences for governments and the communities they serve. Accela's secure and flexible SaaS solutions equip governments with the resources to quickly respond to evolving community needs, increase efficiency, and maintain resilience to benefit 275 million citizens globally. Most recently, Government Technology acknowledged Accela among its 2021 GovTech 100 Listfor the sixth consecutive year, whichrecognizes leadership in technology benefiting state and local governments in innovative ways. To learn more about Accela's Solutions, please visit https://www.accela.com/solutions/. About Accela Accela provides market-leading cloud solutions that empower the most innovative state and local governments around the world to build thriving communities, grow businesses and protect citizens. More than 275 million citizens globally benefit from Accela's solutions, which are powered by Azure, for permitting, licensing, code enforcement, and service request management. Accela's fast-to-implement Civic Applications, built on its robust and extensible Civic Platform, help agencies address specific needs today, while ensuring they are prepared for any emerging or complex challenges in the future. The company was recently recognized as an Inc. Best in Business Award winner and a 2020 Microsoft US Partner Award winner for its innovative SaaS solutions to help governments respond to the COVID-19 pandemic, and was named as one of the Largest East Bay Tech Employers by San Francisco Business Journal. Accela is headquartered in San Ramon, California, with additional offices around the world. For more information, visit www.accela.com. Contact: Kate Helete, (805) 458-5093, [emailprotected] SOURCE Accela Related Links http://www.accela.com | Accela Launches New Civic Application for Occupational Licensing to Help State and Local Governments Digitize Issuance Process, Improve Public Health and Safety Low-code cloud solution makes it easier for licensed professionals - 25% of the U.S. workforce - to apply for and track status of their license; enables governments to better manage enforcement and maximize staff productivity |
SNOWMASS VILLAGE, Colo.--(BUSINESS WIRE)--Snowmass Base Village (SBV) introduces the all-electric and appropriately named: Electric Pass Lodge. Designed to be 100% powered by renewable energy, this development will be one of the first of its kind in the country. The building will include 53 ski-in/ski-out, for-sale residences at the base of the iconic Snowmass Ski Area. If you own a home at a ski resort, youre inherently invested in the preservation of snow, says Andy Gunion, Roaring Fork Valley Managing Partner for East West Partners. Nobody wants their ski home to contribute to climate change, but the reality is most do. With Electric Pass Lodge, were thrilled to offer buyers beautifully designed, high-performing, healthy residences that come with the piece-of-mind that when you turn up your heat, youre not melting our precious snow. These Scandinavian-inspired residences will be 2- and 3-bedroom with prices starting at $1.4 million. Each owner will have access to private amenities, including the village pool complex being built in conjunction with the building (not part of the developments electric system), Zoom rooms, SBVfit health club, a lounge, courtyard, ski locker room, storage and underground parking. These private amenities complement the abundance of public offerings available right out the front door, ranging from ski slopes to summer trails to all the events and activities the newly completed Base Village has to offer. Buyers and their local brokers will enjoy an innovative, COVID safe, digital-driven purchasing process with reservations opening on Jan. 26, 2021 on www.ElectricPassLodge.com. Construction is scheduled to start this April and is projected to be completed in spring of 2023. Electric Pass Lodges design was crafted by two Colorado-based firms 4240 Architecture and River + Lime. We set out to design not only a contemporary Scandinavian-inspired alpine lodge, but the most sustainable, all-electric condominium building in the Colorado Mountains. Electric Pass Lodge will set a new standard for the future of building design in Snowmass and hopefully for ski resorts across North America, says Christian Barlock, principal with 4240. River + Limes goal with the interiors was to create comforting spaces that offer laid-back sophistication and approachable luxury. The design team focused just as much on the health of the buildings occupants as on its climate impact. One of the great things about designing a sustainable building is we end up with a building that is extremely healthy for our owners and their families, says Ellen McCready, Project Manager for East West Partners. Along with the construction of Electric Pass Lodge comes the adjacent village pool. This 25-yard outdoor pool, featuring lap lanes, a water slide and hot tub, is designed with a saltwater system to provide a healthier swimming experience. Surrounded by an expansive sun deck featuring a seasonal cabana bar and shade pergola the pool will be available to Electric Pass owners and guests, as well as a variety of other residential owners in Base Village. The pool is not part of the buildings renewable electricity program. The zoning-required amenity was too large to allow for it. Electric Pass Lodge joins a collection of other LEED certified buildings in SBV, which is a LEED certified neighborhood. East West partnered with KSL Capital Partners and Aspen Skiing Company (ASC) in 2016 to acquire and complete the village at the base of Snowmass Ski Area. ASC is no stranger to sustainable building. The ski company was the first in the industry to develop a set of green buildings, and they participated in the creation of U.S. Green Building Councils Leadership Energy and Environmental Design Program, known as LEED. Today, several of their buildings in Snowmass are LEED certified. Moving forward, ASCs proposed building standards include having all of the companys new buildings be entirely electrified. Its first 100% electric building, the Willits Center Workforce Housing, is set to open in spring 2021. "Electric buildings powered by renewable energy are the best way society can decarbonize the built environment, which is a hugely important, but difficult task," says ASCs VP of Sustainability Auden Schendler. I love that SBV is going all-electric with this development. Theyre modeling the future of climate solutions in a very high-profile place. But more important is that the people who buy these residences will be introduced to cutting edge technology. The electrification of buildings is not just a sustainability goal in Snowmass. Across the country and the world, there is a growing movement towards buildings powered by solar, wind and other sources of zero-carbon electricity. Around 30 cities and counties in the U.S. have already passed ordinances either strongly encouraging or mandating new construction be all-electric. | Introducing an All-Electric Slope-Side Development: Electric Pass Lodge Comes to Colorados Aspen Snowmass One of the first of its kind in ski country, this ski-in/ski-out, for-sale residence will be 100% powered by renewable energy |
DUBLIN--(BUSINESS WIRE)--The "Data Monetization Drives Innovative Business Models in the Global MedTech Industry" report has been added to ResearchAndMarkets.com's offering. It is estimated that the healthcare industry generated over 2,000 exabytes (1 exabyte = 10,002 Terabytes) of data in 2020. The question is how can we monetize this data? In this study, we explain the difference between direct and indirect data monetization, how it applies to the healthcare industry and specifically the MedTech sector, provide a framework for MedTech companies to assess the data monetization potential for each of their products, and give examples of monetization for medical devices, surgical equipment, imaging equipment, prostheses and implants, and consumables, along with a final strategic decision-making checklist for MedTech companies to monetize their own data. With the advent of digitization in healthcare, all industry efforts are geared toward better leveraging this stream of digital data to achieve the goals of precision medicine and precision health. The amount of health data that is becoming available is increasing exponentially each year, with new sources, such as wearable devices and social determinants of health, making such data accessible for care delivery improvement. For data monetization, healthcare is a unique industry due to two reasons Key Issues Addressed Key Topics Covered: 1. Strategic Imperatives 2. Overview of Healthcare Data 3. Importance of Healthcare Data 4. Understanding Data Monetization 5. Data Monetization in MedTech 6. Data Monetization for Traditional MedTech Companies 7. Examples of Traditional MedTech Companies' Data Monetization Initiatives 8. Considerations for MedTech Data Monetization For more information about this report visit https://www.researchandmarkets.com/r/eb7s0x | Global MedTech Market Report 2021: Data Monetization Drives Innovative Business Models - ResearchAndMarkets.com |
SURREY, British Columbia--(BUSINESS WIRE)--Yesterday, the United Steelworkers (USW) Local 2009 received noticed that the Public and Private Workers of Canada (PPWC) has applied to the Labour Board to raid nearly 70 USW members at Bouygues Building CanadaGreen Timbers Accommodation Partners (GTAP) in Surrey. It is extremely distressing that PPWC, an independent union, is raiding our members at GTAP, said Al Bieksa, President USW Local 2009. I am very concerned that our members have been lied to and manipulated for the personal gain of a few members. You can be assured that legal action will be taken against those responsible. But, what worries me the most is the loss of rights that our members may be forfeiting through this raid that theyre not even aware of. The raid being conducted by the PPWC may be legal under the B.C. Labour Code, but it is forbidden under Article 4 of the Constitution of the Canadian Labour Congress that most unions abide by. The PPWC is not part of the Canadian Labour Congress, the BC Federation of Labour or any local labour councils and it has no respect or support from real unions, Bieksa said. I encourage our members to get the all the facts from both sides before voting and not just the deceptive information being spewed from a rat union trying to increase their membership in a cowardly fashion, added Bieksa. Raids just cause division and divert attention from the important work that we need to do for our members. There are plenty of non-unionized workers in the province that would benefit from being part of a union. Apparently, that takes too much work for PPWC." The USW is the largest private-sector union in North America with more than 225,000 members in Canada and more than 850,000 members continent-wide. The USW is Canada's most diverse union, representing people working in every sector of the economy. | United Steelworkers Condemns PPWC Raid of USW Members at Bouygues-GTAP in Surrey |
HOUSTON, June 15, 2020 /PRNewswire/ --Banyan Residential announced the acquisition of Lofts at the Ballpark, a 375-unit Class-A apartment property in downtown Houston, Texas. The four-story community is located at 610 Saint Emanuel Street one block from Minute Maid Park and BBVA Stadium, and immediately adjacent to light rail access. Lofts represents Banyan's first acquisition in the Houston market, which will bolster the company's presence in Texas alongside development property holdings in Dallas. Banyan Residential closed the transaction in conjunction with Marble Capital as its financial partner. About Banyan Residential Established in 2019 and headquartered in Los Angeles, Banyan Residential specializes in multifamily, office and retail development in gateway markets across the United States. The firm currently manages a development pipeline exceeding $600 million in value, comprising more than 1,800 residential units and 385,000 rentable square feet of office space in Scottsdale, Phoenix, Tempe and Dallas. About Marble Capital Marble Capital is a principal investor providing capital solutions to multifamily developers and operators nationwide.Since its inception in 2016, the Houston-based firm has invested in ~9,000 multifamily units worth $1.5 billion in total capitalization. SOURCE Banyan Residential | Banyan Residential and Marble Capital Acquire Downtown Houston Apartment Property |
NEW YORK, July 13, 2020 /PRNewswire/ -- Amid the COVID-19 crisis, the global market for Flexible Printed Circuit Boards estimated at US$14 Million in the year 2020, is projected to reach a revised size of US$26.9 Million by 2027, growing at a CAGR of 9.8% over the analysis period 2020-2027.Double Sided, one of the segments analyzed in the report, is projected to grow at a 10.6% CAGR to reach US$12.9 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rigid-Flex segment is readjusted to a revised 8.8% CAGR for the next 7-year period. This segment currently accounts for a 19.7% share of the global Flexible Printed Circuit Boards market. Read the full report: https://www.reportlinker.com/p05379589/?utm_source=PRN The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 13.2% CAGR for the Period of 2020-2027 The Flexible Printed Circuit Boards market in the U.S. is estimated at US$3.8 Million in the year 2020. The country currently accounts for a 27.02% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$5.7 Million in the year 2027 trailing a CAGR of 13.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.6% and 8.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR while Rest of European market (as defined in the study) will reach US$5.7 Million by the year 2027. Single Sided Segment Corners a 15.7% Share in 2020 In the global Single Sided segment, USA, Canada, Japan, China and Europe will drive the 7.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.7 Million in the year 2020 will reach a projected size of US$2.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Million by the year 2027, while Latin America will expand at a 9.6% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 445-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. -Competitors identified in this market include, among others, 3M Company BHflex Co., Ltd. Career Technology (MFG.) Co., Ltd. Daeduck GDS Co., Ltd. Flexcom Inc. Flexium Interconnect, Inc. Fujikura Ltd. Ichia Technologies, Inc. Interflex Co., Ltd. MFS Technology Multi-Fineline Electronix, Inc. (MFLEX) Newflex Technology Co., Ltd. Nippon Mektron, Ltd. Nitto Denko Corp. SIFlex Co., Ltd. Sumitomo Electric Industries, Ltd. Xiamen Hongxin Electron-Tech Co., Ltd. Zhen Ding Technology Holding Limited (ZDT) Read the full report: https://www.reportlinker.com/p05379589/?utm_source=PRN I. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Impact of Covid-19 and a Looming Global Recession Prelude Recent Market Activity Market Outlook A Peek into Flexible PCB Market Evolution over the Years Key Flexible Circuit Configurations and Applications Competitive Landscape Global Competitor Market Shares Flexible Printed Circuit Boards Competitor Market Share Scenario Worldwide (in %): 2018 & 2029 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS Inherent Product Advantages Fuel Market Growth Key Benefits of Flexible Circuits Superior Packaging Flexibility - Key Attribute of FPCs Expanding Applications Market Circuit Designing Evolves as End Product Developers Seek Miniaturization Thinner Materials Witness Tremendous Adoption to Realize Smaller Geometries Flex-to-Fit Approach Opens New and Exciting Opportunities Customer Requirements Drive Innovations for Substrate Manufacturers New Designing Tools Improve Competitiveness of Rigid-Flex Circuits Substrate Material Choice - Key to High-Frequency Application Increasing Laminate Material Choice Poses Fabrication Challenges; Additives Comes to Rescue Stretchable Circuits Garner Significant Interest as Novel Interconnection Alternative Material and Design Advancements Enable Stretchable Interconnects in Flexible Circuits New Stretchable Materials Expand Potential of Design Innovations FPC Drilling and Cutting Shift to More Efficient Methods Recent Technological Advances in Flex Circuits ?Light as a Feather? - New Technology Takes Flexible Circuits to New Level Technological Advances thwart Material Limitations for Transparent Flex Circuits Super-Thin Nanoscale Circuits Promise Tremendous Computing Power, Open New Design Possibilities Chemically Doped Nanotubes Emulate Silicon Circuits in Handling Power Fluctuations Flexible Hybrid Circuits 4. GLOBAL MARKET PERSPECTIVE Table 1: Flexible Printed Circuit Boards Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 2: Flexible Printed Circuit Boards Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019 Table 3: Flexible Printed Circuit Boards Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Double Sided (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 5: Double Sided (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019 Table 6: Double Sided (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Rigid-Flex (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027 Table 8: Rigid-Flex (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019 Table 9: Rigid-Flex (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 Table 10: Single Sided (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027 Table 11: Single Sided (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019 Table 12: Single Sided (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027 Table 13: Multilayer (Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027 Table 14: Multilayer (Type) Market Historic Review by Region/Country in US$ Thousand: 2012 to 2019 Table 15: Multilayer (Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027 Table 16: Other Types (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 17: Other Types (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019 Table 18: Other Types (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027 Table 19: Automotive (End-Use) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027 Table 20: Automotive (End-Use) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2012 to 2019 Table 21: Automotive (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027 Table 22: Consumer Electronics (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027 Table 23: Consumer Electronics (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019 Table 24: Consumer Electronics (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027 Table 25: Industrial (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027 Table 26: Industrial (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019 Table 27: Industrial (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027 Table 28: Other End-Uses (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 29: Other End-Uses (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019 Table 30: Other End-Uses (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027 III. MARKET ANALYSISGEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Flexible Printed Circuit Boards Market Share (in %) by Company: 2018 & 2025 Market Analytics Table 31: United States Flexible Printed Circuit Boards Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027 Table 32: Flexible Printed Circuit Boards Market in the United States by Type: A Historic Review in US$ Thousand for 2012-2019 Table 33: United States Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 34: United States Flexible Printed Circuit Boards Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027 Table 35: Flexible Printed Circuit Boards Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2012-2019 Table 36: Flexible Printed Circuit Boards Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027 CANADA Table 37: Canadian Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027 Table 38: Canadian Flexible Printed Circuit Boards Historic Market Review by Type in US$ Thousand: 2012-2019 Table 39: Flexible Printed Circuit Boards Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027 Table 40: Canadian Flexible Printed Circuit Boards Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027 Table 41: Flexible Printed Circuit Boards Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019 Table 42: Canadian Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 JAPAN Table 43: Japanese Market for Flexible Printed Circuit Boards: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027 Table 44: Flexible Printed Circuit Boards Market in Japan: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019 Table 45: Japanese Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 46: Japanese Demand Estimates and Forecasts for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 47: Japanese Flexible Printed Circuit Boards Market in US$ Thousand by End-Use: 2012-2019 Table 48: Flexible Printed Circuit Boards Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027 CHINA Table 49: Chinese Flexible Printed Circuit Boards Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027 Table 50: Flexible Printed Circuit Boards Historic Market Analysis in China in US$ Thousand by Type: 2012-2019 Table 51: Chinese Flexible Printed Circuit Boards Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 Table 52: Chinese Demand for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 53: Flexible Printed Circuit Boards Market Review in China in US$ Thousand by End-Use: 2012-2019 Table 54: Chinese Flexible Printed Circuit Boards Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027 EUROPE Market Facts & Figures European Flexible Printed Circuit Boards Market: Competitor Market Share Scenario (in %) for 2018 & 2025 Market Analytics Table 55: European Flexible Printed Circuit Boards Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027 Table 56: Flexible Printed Circuit Boards Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019 Table 57: European Flexible Printed Circuit Boards Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 58: European Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027 Table 59: Flexible Printed Circuit Boards Market in Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019 Table 60: European Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 61: European Flexible Printed Circuit Boards Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027 Table 62: Flexible Printed Circuit Boards Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019 Table 63: European Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 FRANCE Table 64: Flexible Printed Circuit Boards Market in France by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 65: French Flexible Printed Circuit Boards Historic Market Scenario in US$ Thousand by Type: 2012-2019 Table 66: French Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 67: Flexible Printed Circuit Boards Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2020-2027 Table 68: French Flexible Printed Circuit Boards Historic Market Review in US$ Thousand by End-Use: 2012-2019 Table 69: French Flexible Printed Circuit Boards Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027 GERMANY Table 70: Flexible Printed Circuit Boards Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027 Table 71: German Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by Type: 2012-2019 Table 72: German Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 73: Flexible Printed Circuit Boards Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027 Table 74: German Flexible Printed Circuit Boards Market in Retrospect in US$ Thousand by End-Use: 2012-2019 Table 75: Flexible Printed Circuit Boards Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027 ITALY Table 76: Italian Flexible Printed Circuit Boards Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027 Table 77: Flexible Printed Circuit Boards Historic Market Analysis in Italy in US$ Thousand by Type: 2012-2019 Table 78: Italian Flexible Printed Circuit Boards Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 Table 79: Italian Demand for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 80: Flexible Printed Circuit Boards Market Review in Italy in US$ Thousand by End-Use: 2012-2019 Table 81: Italian Flexible Printed Circuit Boards Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027 UNITED KINGDOM Table 82: United Kingdom Market for Flexible Printed Circuit Boards: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027 Table 83: Flexible Printed Circuit Boards Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019 Table 84: United Kingdom Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 85: United Kingdom Demand Estimates and Forecasts for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 86: United Kingdom Flexible Printed Circuit Boards Market in US$ Thousand by End-Use: 2012-2019 Table 87: Flexible Printed Circuit Boards Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027 SPAIN Table 88: Spanish Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027 Table 89: Spanish Flexible Printed Circuit Boards Historic Market Review by Type in US$ Thousand: 2012-2019 Table 90: Flexible Printed Circuit Boards Market in Spain: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027 Table 91: Spanish Flexible Printed Circuit Boards Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027 Table 92: Flexible Printed Circuit Boards Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019 Table 93: Spanish Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 RUSSIA Table 94: Russian Flexible Printed Circuit Boards Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027 Table 95: Flexible Printed Circuit Boards Market in Russia by Type: A Historic Review in US$ Thousand for 2012-2019 Table 96: Russian Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 97: Russian Flexible Printed Circuit Boards Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027 Table 98: Flexible Printed Circuit Boards Historic Demand Patterns in Russia by End-Use in US$ Thousand for 2012-2019 Table 99: Flexible Printed Circuit Boards Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027 REST OF EUROPE Table 100: Rest of Europe Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027 Table 101: Flexible Printed Circuit Boards Market in Rest of Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019 Table 102: Rest of Europe Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 103: Rest of Europe Flexible Printed Circuit Boards Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027 Table 104: Flexible Printed Circuit Boards Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019 Table 105: Rest of Europe Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 106: Asia-Pacific Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 107: Flexible Printed Circuit Boards Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019 Table 108: Asia-Pacific Flexible Printed Circuit Boards Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 109: Flexible Printed Circuit Boards Market in Asia-Pacific by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 110: Asia-Pacific Flexible Printed Circuit Boards Historic Market Scenario in US$ Thousand by Type: 2012-2019 Table 111: Asia-Pacific Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 112: Flexible Printed Circuit Boards Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027 Table 113: Asia-Pacific Flexible Printed Circuit Boards Historic Market Review in US$ Thousand by End-Use: 2012-2019 Table 114: Asia-Pacific Flexible Printed Circuit Boards Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027 AUSTRALIA Table 115: Flexible Printed Circuit Boards Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027 Table 116: Australian Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by Type: 2012-2019 Table 117: Australian Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 118: Flexible Printed Circuit Boards Market in Australia: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027 Table 119: Australian Flexible Printed Circuit Boards Market in Retrospect in US$ Thousand by End-Use: 2012-2019 Table 120: Flexible Printed Circuit Boards Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027 INDIA Table 121: Indian Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027 Table 122: Indian Flexible Printed Circuit Boards Historic Market Review by Type in US$ Thousand: 2012-2019 Table 123: Flexible Printed Circuit Boards Market in India: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027 Table 124: Indian Flexible Printed Circuit Boards Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027 Table 125: Flexible Printed Circuit Boards Market in India: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019 Table 126: Indian Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 SOUTH KOREA Table 127: Flexible Printed Circuit Boards Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027 Table 128: South Korean Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by Type: 2012-2019 Table 129: Flexible Printed Circuit Boards Market Share Distribution in South Korea by Type: 2012 VS 2020 VS 2027 Table 130: Flexible Printed Circuit Boards Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027 Table 131: South Korean Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by End-Use: 2012-2019 Table 132: Flexible Printed Circuit Boards Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 133: Rest of Asia-Pacific Market for Flexible Printed Circuit Boards: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027 Table 134: Flexible Printed Circuit Boards Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019 Table 135: Rest of Asia-Pacific Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 136: Rest of Asia-Pacific Demand Estimates and Forecasts for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 137: Rest of Asia-Pacific Flexible Printed Circuit Boards Market in US$ Thousand by End-Use: 2012-2019 Table 138: Flexible Printed Circuit Boards Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027 LATIN AMERICA Table 139: Latin American Flexible Printed Circuit Boards Market Trends by Region/Country in US$ Thousand: 2020-2027 Table 140: Flexible Printed Circuit Boards Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019 Table 141: Latin American Flexible Printed Circuit Boards Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 142: Latin American Flexible Printed Circuit Boards Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027 Table 143: Flexible Printed Circuit Boards Historic Market Analysis in Latin America in US$ Thousand by Type: 2012-2019 Table 144: Latin American Flexible Printed Circuit Boards Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 Table 145: Latin American Demand for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 146: Flexible Printed Circuit Boards Market Review in Latin America in US$ Thousand by End-Use: 2012-2019 Table 147: Latin American Flexible Printed Circuit Boards Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027 ARGENTINA Table 148: Argentinean Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027 Table 149: Flexible Printed Circuit Boards Market in Argentina in US$ Thousand by Type: A Historic Review for the Period 2012-2019 Table 150: Argentinean Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 151: Argentinean Flexible Printed Circuit Boards Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027 Table 152: Flexible Printed Circuit Boards Market in Argentina: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019 Table 153: Argentinean Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 BRAZIL Table 154: Flexible Printed Circuit Boards Market in Brazil by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 155: Brazilian Flexible Printed Circuit Boards Historic Market Scenario in US$ Thousand by Type: 2012-2019 Table 156: Brazilian Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 157: Flexible Printed Circuit Boards Quantitative Demand Analysis in Brazil in US$ Thousand by End-Use: 2020-2027 Table 158: Brazilian Flexible Printed Circuit Boards Historic Market Review in US$ Thousand by End-Use: 2012-2019 Table 159: Brazilian Flexible Printed Circuit Boards Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027 MEXICO Table 160: Flexible Printed Circuit Boards Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027 Table 161: Mexican Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by Type: 2012-2019 Table 162: Mexican Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 163: Flexible Printed Circuit Boards Market in Mexico: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027 Table 164: Mexican Flexible Printed Circuit Boards Market in Retrospect in US$ Thousand by End-Use: 2012-2019 Table 165: Flexible Printed Circuit Boards Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 166: Rest of Latin America Flexible Printed Circuit Boards Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027 Table 167: Flexible Printed Circuit Boards Market in Rest of Latin America by Type: A Historic Review in US$ Thousand for 2012-2019 Table 168: Rest of Latin America Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 169: Rest of Latin America Flexible Printed Circuit Boards Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027 Table 170: Flexible Printed Circuit Boards Historic Demand Patterns in Rest of Latin America by End-Use in US$ Thousand for 2012-2019 Table 171: Flexible Printed Circuit Boards Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027 MIDDLE EAST Table 172: The Middle East Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 173: Flexible Printed Circuit Boards Market in the Middle East by Region/Country in US$ Thousand: 2012-2019 Table 174: The Middle East Flexible Printed Circuit Boards Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 175: The Middle East Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027 Table 176: The Middle East Flexible Printed Circuit Boards Historic Market by Type in US$ Thousand: 2012-2019 Table 177: Flexible Printed Circuit Boards Market in the Middle East: Percentage Share Breakdown of Sales by Type for 2012,2020, and 2027 Table 178: The Middle East Flexible Printed Circuit Boards Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027 Table 179: Flexible Printed Circuit Boards Market in the Middle East: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019 Table 180: The Middle East Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 IRAN Table 181: Iranian Market for Flexible Printed Circuit Boards: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027 Table 182: Flexible Printed Circuit Boards Market in Iran: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019 Table 183: Iranian Flexible Printed Circuit Boards Market Share Analysis by Type: 2012 VS 2020 VS 2027 Table 184: Iranian Demand Estimates and Forecasts for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 185: Iranian Flexible Printed Circuit Boards Market in US$ Thousand by End-Use: 2012-2019 Table 186: Flexible Printed Circuit Boards Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027 ISRAEL Table 187: Israeli Flexible Printed Circuit Boards Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027 Table 188: Flexible Printed Circuit Boards Market in Israel in US$ Thousand by Type: A Historic Review for the Period 2012-2019 Table 189: Israeli Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 190: Israeli Flexible Printed Circuit Boards Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027 Table 191: Flexible Printed Circuit Boards Market in Israel: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019 Table 192: Israeli Flexible Printed Circuit Boards Market Share Analysis by End-Use: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 193: Saudi Arabian Flexible Printed Circuit Boards Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027 Table 194: Flexible Printed Circuit Boards Historic Market Analysis in Saudi Arabia in US$ Thousand by Type: 2012-2019 Table 195: Saudi Arabian Flexible Printed Circuit Boards Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 Table 196: Saudi Arabian Demand for Flexible Printed Circuit Boards in US$ Thousand by End-Use: 2020 to 2027 Table 197: Flexible Printed Circuit Boards Market Review in Saudi Arabia in US$ Thousand by End-Use: 2012-2019 Table 198: Saudi Arabian Flexible Printed Circuit Boards Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027 UNITED ARAB EMIRATES Table 199: Flexible Printed Circuit Boards Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027 Table 200: United Arab Emirates Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by Type: 2012-2019 Table 201: Flexible Printed Circuit Boards Market Share Distribution in United Arab Emirates by Type: 2012 VS 2020 VS 2027 Table 202: Flexible Printed Circuit Boards Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027 Table 203: United Arab Emirates Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by End-Use: 2012-2019 Table 204: Flexible Printed Circuit Boards Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 205: Flexible Printed Circuit Boards Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027 Table 206: Rest of Middle East Flexible Printed Circuit Boards Historic Market Analysis in US$ Thousand by Type: 2012-2019 Table 207: Rest of Middle East Flexible Printed Circuit Boards Market Share Breakdown by Type: 2012 VS 2020 VS 2027 Table 208: Flexible Printed Circuit Boards Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027 Please contact our Customer Support Center to get the complete Table of ContentsRead the full report: https://www.reportlinker.com/p05379589/?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 | Global Flexible Printed Circuit Boards Industry Global Flexible Printed Circuit Boards Market to Reach US$26.9 Million by the Year 2027 |
CARLSBAD, Calif., June 12, 2020 /PRNewswire/ --New You, Inc. (NWYU) reports today that its subsidiary, NEWYOU LLC, has officially released NanoX, a proprietary 1125 mg Full Spectrum Hemp Complex, the first of its kind in the nano CBD space. In addition to being a proprietary formulation and completely water soluble, it contains highly sought after nutritional components including liposomal CoQ10, Curcumin, Methyl Vitamin B12, as well as Colloidal Silver. "We're extremely excited about NanoX," CEO Ray Grimm Jr. said. "We believe the cutting-edge nature of this product positions NEWYOU LLC as not only a player in the CBD market, but a leader. While competitors white label existing formulations or do it the way it's always been done, NEWYOU LLC is stepping outside the box with innovation to make its products more bioavailable." ABOUT New You, Inc.: New You, Inc. is a publicly traded company (NWYU) that currently holds one subsidiary, NEWYOU LLC, a leading marketer and distributor of premium CBD products founded by CEO Ray Grimm Jr. A visionary entrepreneur and wellness industry pioneer, Grimm has founded six health and wellness companies growing three of them to over $50 million in sales in their first five years. New You, Inc. management will be focused on strategies to diversify revenue streams and develop new business models in the months ahead to determine which brands and/or products should be added next. Safe Harbor Act: Statements in this press release that are not based on historical fact are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. We believe expectations reflected in our forward-looking statements are reasonable, although we cannot guarantee achievements, future results, levels of activity, performance, or other future events. These statements are based on management's current expectations and actual results may differ from these forward-looking statements due to numerous factors, including risks related to our ability to raise additional capital, liquidity, revenue growth, operating results, industry, regulations, technology and products, any of which could cause us to not achieve some or all of our goals,or cause our previously reported actual results and performance to change or differ from future results, performance, or achievements, including those expressed or implied by such forward-looking statements. You should not place undue reliance on these forward-looking statements. Furthermore, the forward-looking statements contained herein are made as of the date of this press release, and we undertake no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release, unless otherwise required by law. Contact:Tammy Boonstra [emailprotected] SOURCE New You, Inc. | New You, Inc. (NWYU) Announces the Release of the First-Ever Completely Water-Soluble Nano Full Spectrum Hemp Complex |
DUBLIN--(BUSINESS WIRE)--The "Geotechnical Instrumentation and Monitoring Market with Covid-19 Impact Analysis by Offering (Hardware & Software, and Services), Networking Technology (Wired, Wireless), Structure, Application, End User, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The GTIM market is projected to reach USD 4.5 billion by 2025 from USD 2.9 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025. Major drivers for the growth of the market are a significant rise in infrastructure investments across various countries, use of geotechnical instrumentation to prevent failure of geotechnical structures and loss of lives, stringent government regulations to make structures more sustainable and safe, and growing awareness about benefits of GTIM tools. The major restraints for the growth of the market are high installation and monitoring cost. The wired networking technology segment projected to hold a larger share of the GTIM market during the forecast period. Wired technology is the most commonly used networking technology in geotechnical instrumentation and monitoring applications. Wired technology has major advantages, such as reduces the attenuation of data, provides a high speed of operation, and offers high bandwidth. This technology used to serve a geotechnical purpose is primarily used to measure pore water pressure, slope and rock stability, and underground pressure. These applications are useful to efficiently monitor the structure and maintain their safety. Among all end-users, the building & infrastructure segment to grow at the highest CAGR between 2020 and 2025. The buildings and infrastructure segment is expected to continue to dominate the GTIM market, by end-user, during the forecast period. The major factor contributing to the growth of this market is the growing awareness about geotechnical instrumentation and monitoring techniques, along with their benefits, across the world. Benefits such as real-time monitoring and accurate data are supporting the GTIM market to grow. The primary reason for the growth of the market for the buildings and infrastructure segment is that this sector includes a few of the major critical structures, such as dams, tunnels, bridges, and buildings that need to be closely monitored regularly. Also, this segment was the early adopter of the geotechnical instrumentation and monitoring techniques; therefore, it is likely to continue to lead the GTIM market in the coming years. Americas projected to hold the largest share of the GTIM market in 2025. The GTIM market in the Americas is expected to grow at a significant rate owing to an increase in investments in infrastructural projects in the region. For instance, from 2009 to 2017, the US federal government and local government spent about USD 440 billion on infrastructure. In addition, countries such as the US and Canada are increasingly adopting geotechnical instrumentation and monitoring tools to ensure the safety and security of structures and their people. Additionally, in the Americas, both government and private sectors are aggressively involved in large-scale infrastructure projects. For example, the Nevada Department of Transportation (NDOT) has constructed a 4-lane concrete interstate freeway between Silverline Road and Foothill Drive in Henderson. The government spent USD 83 million in this project. This is one of the many projects in the region. Such new infrastructure projects would upsurge the demand for geotechnical instrumentation and monitoring tools. Therefore, the rapid development of new infrastructures in the Americas is one of the major driving factors for the market growth in this region. Market Dynamics Drivers Restraints Opportunities Challenges Companies Profiled For more information about this report visit https://www.researchandmarkets.com/r/1qv44c | Geotechnical Instrumentation and Monitoring Market with Covid-19 Impact Analysis by Offering, Networking Technology, Structure, Application, End User, and Geography - Global Forecast to 2025 - ResearchAndMarkets.com |
ISTANBUL--(BUSINESS WIRE)--Turkcell Iletisim Hizmetleri (NYSE:TKC) (BIST:TCELL): FINANCIAL HIGHLIGHTS TRY million Q419 Q420 y/y% FY19 FY20 y/y% Revenue 6,684 7,872 17.8% 25,137 29,104 15.8% EBITDA1 2,754 3,243 17.8% 10,426 12,270 17.7% EBITDA Margin (%) 41.2% 41.2% - 41.5% 42.2% 0.7pp EBIT2 1,349 1,608 19.2% 5,380 6,296 17.0% EBIT Margin (%) 20.2% 20.4% 0.2pp 21.4% 21.6% 0.2pp Net Income 756 1,302 72.3% 3,246 4,237 30.5% Net income excluding one-off items3 955 1,025 7.4% 2,850 3,953 38.7% FULL YEAR HIGHLIGHTS FOURTH QUARTER HIGHLIGHTS (1) EBITDA is a non-GAAP financial measure. See page 17 for the explanation of how we calculate Adjusted EBITDA and its reconciliation to net income. (2) EBIT is a non-GAAP financial measure and is equal to EBITDA minus depreciation and amortization expenses. (3) Please see Appendix A for details of one-off items. (4) Free cash flow calculation includes EBITDA and the following items as per IFRS cash flow statement; acquisition of property, plant and equipment, acquisition of intangible assets, change in operating assets/liabilities, payment of lease liabilities and income tax paid. (5) Superbox subscribers are included in mobile subscribers. (6) Excluding M2M (7) Please note that this paragraph contains forward looking statements based on our current estimates and expectations regarding market conditions for each of our different businesses. No assurance can be given that actual results will be consistent with such estimates and expectations. For a discussion of factors that may affect our results, see our Annual Report on Form 20-F for 2019 filed with the U.S. Securities and Exchange Commission, and in particular, the risk factor section therein. (8) Excluding license fee For further details, please refer to our consolidated financial statements and notes as at December 31, 2020 via our website in the investor relations section (www.turkcell.com.tr). COMMENTS BY MURAT ERKAN, CEO We concluded the year 2020 successfully thanks to our sound game plan and strategy The year 2020 will forever be remembered in world history for the COVID-19 pandemic. And having caused significant changes worldwide both of an economic and social dimension, the pandemic brought about the transformation of daily life and the way we do business. While we all became acquainted with the concepts of social distancing, remote working and distance learning, digitalization has left its mark on both our individual lives and the corporate world at an unprecedented rate. This period has indicated that one of the key elements in proceeding swiftly and successfully with digital transformation is a robust telecommunication infrastructure. And by mobilizing our technological infrastructure, know-how and competencies we have continued to provide our customers with an uninterrupted and high-quality communication experience. Indeed, this year we have felt more than ever the value of the systematic investment made in our infrastructure, and of having already adopted a digitalization strategy. Our investors continued to gain through our strong results In 2020, we achieved strong operational and financial results thanks to our digital-oriented strategy and sound business model. This was managed in spite of the global economic and political repercussions of the pandemic that impacted our countries of operations and Turkey in general. Consolidated revenues reached TRY29.1 billion with a year-on-year increase of 15.8%. As consolidated EBITDA1 rose to TRY12.3 billion on an increase of 17.7%, the EBITDA margin printed at 42.2%. Our EBIT2 margin was 21.6%. Excluding one-off impacts, net profit was TRY4 billion on a strong annual increase of 39%. The operational capex to revenues ratio was at 18.5% thanks to effective management of investment need. Along with these results that exceeded our guidance in terms of growth and profitability, in 2020 we distributed a dividend to our investors of TRY812 million corresponding to the highest rate permissible by current legislation, and reflecting our effective balance sheet management and cash generation strength. We broke the record of the past 11 years with a net 1.6 million postpaid mobile subscriber additions. With that, we surpassed our additional 1 million subscriber target in 2020 In a year during which the effects of the pandemic were felt deeply, one of which being limited mobility, we gained a net 1.1 million subscribers, thereby achieving our target, despite the challenging circumstances. This resulted from our customer-driven strategy, innovative and comprehensive offers, broad sales network supported by digital channels and smartly managed strong infrastructure. As our postpaid mobile subscriber base expanded at the record level of the past 11 years with net 1.6 million additions, its ratio to total mobile subscribers reached 66%. Mobile blended ARPU3 was at TRY49.1 on an annual rise of 15.0% with the effect of the larger postpaid subscriber base, rising data and digital service usage and upsell to higher tariffs. We gained a net 180 thousand fiber subscribers on increased demand for our fixed broadband offers in 2020 as our customers spent more time at home. At the same time, residential fiber ARPU reached TRY70.9 on a rise of 9.2%. Superbox, through which we offer uninterrupted home internet at fiber speed over our mobile network, has become one of our most successful products. The Superbox subscriber number reached 591 thousand with an additional net 268 thousand subscriptions reflecting accelerating demand. Additionally, we reached 871 thousand IPTV subscribers in total by gaining a net 152 thousand additions this year. We met the changing needs of our individual and corporate customers with our digital applications and services In a period of increased time spent at home, we stood by our customers with our digital services portfolio. We enriched this portfolio with many new services, while at the same time, registering the incorporation of individual digital services companies, marking a significant milestone for their competition strategies. Along with new services such as TV+ Ready, Turkcell Digital Security Service, lifebox transfer, individual and corporate YaaniMail e-mail, we also launched the BiP Meet application in response to the rising need for video conferencing. Demand for our BiP application, which does not enforce data share permission or discriminate among its users - topics of considerable public debate amid rising concern over personal data security - has also increased rapidly. In the first two months of 2021, BiP registered 27 million new users. The stand-alone revenue of our digital services had increased by 26% year-on-year in 2020. In 2021, our aim is to increase the number of paid users, accelerate B2B opportunities, gain strength with our large screen strategy in the TV segment and take bold strides in new areas such as cloud gaming and game broadcasting businesses and grow the stand-alone revenue of this strategic focus by 25%. The institutions of Turkey are being renewed with Turkcell Digital Business Services The revenue of digital business services, one of our focal points, and with which we accompany private companies and public institutions on their digital transformation journeys increased by 30% in 2020. We successfully met the increased demand for new generation technologies such as data centers, cloud, cyber security, managed services, system integration projects, internet of things, big data and business applications, in addition to the conventional telecom services in our portfolio. We took the lead in corporate digital transformations having been awarded over 2,300 projects with a total contract value of TRY1 billion in 2020. Of these, 420 were system integration projects for which we provided end-to-end solutions. We have a backlog in the amount of TRY967 million from the system integration projects signed to date. As the largest data center operator of Turkey, we offered our more than 1,600 corporate customers the opportunity to manage their data remotely, supporting their business continuity. We put into use the cloud section of Ankara Temelli Data Center, Turkeys largest data center, launching Government Cloud specifically designed for public institutions. Meanwhile, having implemented the technological infrastructure of 4 new hospitals in the health sector, two of which are field hospitals, we have reached a bed capacity of over 8 thousand at 9 hospitals in total, also continuing our market leadership of this sector. Additionally, this year, we increased the number of global vendor partnerships to 21 through strengthened cooperation. By further increasing our competencies in this field over the coming period, we will remain the digital transformation partner of corporations and become the leader in the information technologies services market. Paycell, our new generation payment platform, sees growth with solutions that make a difference In techfin, another focal point of ours, the demand for digital payment services increased rapidly in a period of changing payment habits. Duly, our customers were able to realize all their payment transactions swiftly and securely using Paycell, our new generation payment services platform. The annual transaction volume of Paycell reached TRY9.0 billion. We continued our dual strategy throughout the year, introducing member merchants and customers new offerings and taking fresh actions. The 3-month active users of Paycell, hugely popular for its convenience and secure payment infrastructure, reached 4.7 million. Thanks to the Ready-to-use Limit offered by Paycell since July, 190 thousand individual users have made purchases by transferring their mobile payment limits to their Paycell cards. Also this year, we enabled 24/7 money transfer service to IBAN numbers at banks party to the program. We also added the mobile POS product this year to the Paycell merchant solutions offered to 12 thousand-member merchants. We provided member merchants cost advantage and efficiency by offering the means of managing processes such as collection, inventory monitoring, and e-invoice over a single platform using the Paycell Android POS device. Going forward, we aim to diversify Paycells services with wealth management solutions and focus on commercial enterprises via our POS solutions while achieving 3-month active Paycell users of 6 million by the end of 2021. Revenues through digital channels rose incrementally; Turkcell Pasaj became the new address of technological shopping In promoting wider usage of our digital platforms, one of our strategic focus areas, we registered a strong rise in demand that partly reflected changing customer behavior. As the number of visitors to our digital sales channels reached 30 million on a monthly basis in 2020, the conversion (to sales) rate doubled on a year-on-year basis. 14% of Turkcell Turkey consumer sales (excluding fixed broadband) was derived from digital channels in the fourth quarter of 2020. Furthermore, and within the same scope, in December we launched Turkcell Pasaj, Turkeys technological marketplace. At Turkcell Pasaj, hundreds of electronic goods, including smartphones, new generation technologies, household electrical appliances and personal care products from Turkeys leading suppliers are offered with Turkcell assurance. We generated free cash flow of TRY3.4 billion with our effective and successful financial management Thanks to our strong operational performance, disciplined cost management practices, effective working capital management and efficient capex planning, we generated TRY3.4 billion free cash4 flow from our operations in 2020, whereby the leverage ratio declined to 0.8x on a 0.2x year-on-year improvement. Our use of hedging products and foreign currency cash at hand to mitigate foreign currency risk underpinned our strong net income performance. We also enter the coming investment periods prepared with long term financing secured in the amount of around USD700 million equivalent in total signed this year, and which may be utilized over the next 3 years in EUR, USD and RMB. We work towards delivering our customers 5G with Turkcell quality One of the major topics of the upcoming period will be 5G technology. Having commenced use in over 60 countries, 5G technology will play an important role in the digital transformation of institutions and sectors with the novel services it has to offer. While participating in studies both locally and at the international level towards bringing the technology of the future to our customers, we work towards making our infrastructure ready for the 5G transition. Within this framework, we take part in a variety of 5G projects in international technological collaborations such as those of NGMN, GSMA, and ITU. Additionally, this year, we also continued our support for the End-to-End Domestic and National 5G Communication Network Project established under the leadership of the Information and Communication Technologies Authority and with the support of TBTAK, together with Communication Technologies Clustering firms. Sustainability is at the heart of our business strategy As Turkcell, we attach priority to creating sustainable value, realizing social responsibility projects and leveraging the power of technology and communication to create social benefit. Within this scope, we have also strengthened our sustainability credentials this year through important initiatives on environmental, social and governance matters. According to the results of our Carbon Disclosure Project, one of worlds preeminent sustainability initiatives geared at curbing the environmental impact of climate change, we are Turkeys industry leader. This year, we reaffirmed our resolve on this matter with the rollout of the Turkcell Environmental Policy. Meanwhile, we also undersigned the longest term corporate green loan agreement in Turkey to date; a green loan finance agreement of EUR50 million with 5-year maturity geared at financing our sustainable investments. We continue to offer diverse solutions that allow the disabled to participate more fully in daily life through our No Barriers Project. Our support for education has included the rich content of our Whiz Kids Project, while on the environmental front our Recycle to Education Project geared at reducing electronic waste commenced. Additionally, we accepted and implemented our Turkcell Domestic Violence Procedure and Turkcell Human Rights Policy. On the governance front, we put into practice the Integrated Value Creation Committee and Sustainability Committee to elevate Turkcell to international benchmarks and to implement the preeminent practices in the field. Within the framework of Turkcells sustainability policies we determined the duties of these committees as formulating medium and long-term action plans and overseeing their efficient implementation. We contributed to the drafting of the Finance and Investment Principles for Sustainable Development Objectives of the United Nations Global Compact CFO Taskforce, of which we are a founding member, in an initiative to guide the finance leaders of global companies in the practice of sustainable finance. These principles were disclosed at the 75th General Assembly meeting of the UN in September. Within the framework of these focus areas, as of 2020, we have adopted integrated reporting as our primary corporate reporting tool. This reporting model enables us to present the environmental, social and corporate information demanded by key stakeholders, mainly our investors, more holistically and transparently. We continue to take firm steps towards our goals The beginning of 2021 was marked with the hope arising from the vaccination against COVID-19, and by the hope that the restrictions introduced during the pandemic would soon be lifted. This year, with a view to increasing value creation for all our stakeholders, joint infrastructure sharing and the delivery of new technologies and applications continues to top our agenda. We also continue to implement our digital strategy set on strong fundamentals, and take solid steps to meet our targets announced for the period of 2020-2022. Within this scope, we target5 revenue growth of around 14%-16%, and an EBITDA of around TRY14 billion for 2021. In doing so, our aim will be to add another million of subscribers and pass through additional 500 thousand homes with our fiber. We forecast an operational capex over revenues ratio6 of around 20%. I extend my thanks to all our employees who have made our success possible during a challenging year where we recognized more than ever the indispensable nature of communication and technology for humanity, to our management team cementing our permanent success, and to our Board of Directors for their confidence in us and their invaluable support. I also express gratitude to our customers and business associates who have stood by us at all times on our journey to success. (1) EBITDA is a non-GAAP financial measure. See page 17 for the explanation of how we calculate Adjusted EBITDA and its reconciliation to net income. (2) EBIT is a non-GAAP financial measure and is equal to EBITDA minus depreciation and amortization expenses. (3) Excluding M2M (4) Free cash flow calculation includes EBITDA and the following items as per IFRS cash flow statement; acquisition of property, plant and equipment, acquisition of intangible assets, change in operating assets/liabilities, payment of lease liabilities and income tax paid. (5) Please note that this paragraph contains forward looking statements based on our current estimates and expectations regarding market conditions for each of our different businesses. No assurance can be given that actual results will be consistent with such estimates and expectations. For a discussion of factors that may affect our results, see our Annual Report on Form 20-F for 2019 filed with the U.S. Securities and Exchange Commission, and in particular, the risk factor section therein. (6) Excluding license fee FINANCIAL AND OPERATIONAL REVIEW Financial Review of Turkcell Group Profit & Loss Statement (million TRY) Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Revenue 6,683.8 7,872.2 17.8% 25,137.1 29,103.7 15.8% Cost of revenue1 (3,206.3) (3,938.1) 22.8% (12,036.9) (14,361.3) 19.3% Cost of revenue1/Revenue (48.0%) (50.0%) (2.0pp) (47.9%) (49.3%) (1.4pp) Gross Margin1 52.0% 50.0% (2.0pp) 52.1% 50.7% (1.4pp) Administrative expenses (217.4) (210.7) (3.1%) (779.8) (749.6) (3.9%) Administrative expenses/Revenue (3.3%) (2.7%) 0.6pp (3.1%) (2.6%) 0.5pp Selling and marketing expenses (384.9) (400.8) 4.1% (1,555.2) (1,373.0) (11.7%) Selling and marketing expenses/Revenue (5.8%) (5.1%) 0.7pp (6.2%) (4.7%) 1.5pp Net impairment losses on financial and contract assets (121.3) (79.5) (34.5%) (338.9) (349.6) 3.2% EBITDA2 2,753.8 3,243.0 17.8% 10,426.4 12,270.3 17.7% EBITDA Margin 41.2% 41.2% - 41.5% 42.2% 0.7pp Depreciation and amortization (1,404.9) (1,634.6) 16.3% (5,046.6) (5,974.8) 18.4% EBIT3 1,348.9 1,608.4 19.2% 5,379.9 6,295.5 17.0% EBIT Margin 20.2% 20.4% 0.2pp 21.4% 21.6% 0.2pp Net finance income / (costs) (214.3) (381.8) 78.2% (1,727.7) (1,131.7) (34.5%) Finance income4 44.9 (316.0) (803.8%) 297.5 2,119.5 612.4% Finance costs4 (259.2) (65.8) (74.6%) (2,025.1) (3,251.2) 60.5% Other income / (expense) (128.2) (366.9) 186.2% (346.6) (523.3) 51.0% Non-controlling interests 2.0 - n.a (30.2) (2.5) (91.7%) Share of profit of equity accounted investees (19.1) (5.2) (72.8%) (15.7) (13.8) (12.1%) Income tax expense (233.7) 447.6 n.m (785.6) (387.2) (50.7%) Discontinued operations - - - 772.4 - - Net Income 755.6 1,302.0 72.3% 3,246.5 4,237.1 30.5% (1) Excluding depreciation and amortization expenses. (2) EBITDA is a non-GAAP financial measure. See page 17 for the explanation of how we calculate Adjusted EBITDA and its reconciliation to net income. (3) EBIT is a non-GAAP financial measure and is equal to EBITDA minus depreciation and amortization expenses. (4) Fair value loss and interest expense regarding derivative instruments and the respective fair value gain and interest income regarding derivative instruments are represented on a net basis. Starting from Q219, interest income on financial assets and interest expenses for financial liabilities, both measured at amortized cost, are represented on a net basis. Historical periods were restated to reflect this change. Revenue of the Group rose 17.8% year-on-year in Q420. This was driven mainly by Turkcell Turkeys strong performance, supported by increased data and digital services usage, upsell efforts, and a larger postpaid subscriber base, as well as higher equipment revenues backed by sales on digital channels and corporate projects. Turkcell Internationals solid revenue growth also supported the Group revenue increase. Turkcell Turkey revenues, comprising 86% of Group revenues, rose 17.9% to TRY6,771 million (TRY5,741 million). - Consumer segment revenues grew 16.1% on the back of upsell efforts, rising postpaid subscriber share, increased data and digital services usage, as well as equipment sales. - Corporate segment revenues rose 26.1% driven mainly by the strong performance of digital business services, which grew 31.6% year-on-year. - Wholesale revenues grew 19.3% to TRY363 million (TRY304 million), mainly on the positive impact of currency movements despite lower roaming revenues impacted by limited mobility. Turkcell International revenues, comprising 9% of Group revenues, increased 33.2% to TRY747 million (TRY561 million), mainly with the contribution of our Ukrainian operations and the positive impact of currency movements. Other subsidiaries' revenues, at 4% of Group revenues, which includes call center revenues, revenues from financial services and energy business revenues were at TRY354 million (TRY382 million). - Finance companys revenues were at TRY145 million (TRY201 million) in Q420 impacted by contraction in the consumer loan portfolio, which declined from TRY2.4 billion as of Q419 to TRY1.9 billion as of Q420. This was due mainly to the installment limitation on consumer loans for telecom devices. Excluding the finance business, our consolidated revenue growth was 19.2% year-on-year in Q420. Standalone digital services revenues grew 23.1% year-on-year in Q420 backed by the increase in the number of standalone users. For the full year, Turkcell Group revenues rose 15.8%. Turkcell Turkey revenues grew 17.1% to TRY25,160 million (TRY21,487 million). - Consumer business increased 15.7% driven by strong ARPU performance on the back of data and digital services usage, as well as residential business growth. - Corporate revenues rose 23.5% supported by digital business services revenue growth of 30.1%. - Wholesale revenues grew 12.3% to TRY1,293 million (TRY1,152 million). Turkcell International revenues rose 26.9% to TRY2,542 million (TRY2,003 million). Other subsidiaries revenues were at TRY1,401 million (TRY1,647 million). Excluding finance business and sports betting operations, our consolidated revenue growth was 18.4% year-on-year in FY20. Standalone digital services revenues grew 25.6% year-on-year in FY20. Cost of revenue (excluding depreciation and amortization) rose to 50.0% (48.0%) as a percentage of revenues in Q420. This was driven mainly by the increase in cost of goods sold (2.7pp), despite the decline in other cost items (0.7pp) as a percentage of revenues. For the full year, cost of revenue (excluding depreciation and amortization) increased to 49.3% (47.9%) as a percentage of revenues. This was due mainly to the rise in cost of goods sold (2.3pp), despite the decline in cost of revenue of financial services (0.5pp) and other cost items (0.4pp) as a percentage of revenues. Administrative Expenses declined to 2.7% (3.3%) as a percentage of revenues in Q420, driven mainly by lower office overhead costs and travel expenses. For the full year, administrative expenses fell to 2.6% (3.1%) as a percentage of revenues, due mainly to the same drivers. Selling and Marketing Expenses declined to 5.1% (5.8%) as a percentage of revenues in Q420. This was driven mainly by the decline in marketing expenses (0.3pp), selling expenses (0.2pp) and other cost items (0.2pp) as a percentage of revenues. For the full year, selling and marketing expenses declined to 4.7% (6.2%) as a percentage of revenues driven by the decline in selling expenses (0.8pp), marketing expenses (0.5pp) and other cost items (0.2pp) as a percentage of revenues. Net impairment losses on financial and contract assets was at 1.0% (1.8%) as a percentage of revenues in Q420. For the full year, net impairment losses on financial and contract assets was at 1.2% (1.3%) as a percentage of revenues. EBITDA1 rose by 17.8% year-on-year in Q420 leading to an EBITDA margin of 41.2% (41.2%), driven mainly by strong topline growth and disciplined cost controls. - Turkcell Turkeys EBITDA rose 16.6% year-on-year to TRY2,751 million (TRY2,360 million) leading to an EBITDA margin of 40.6% (41.1%) in Q420. - Turkcell International EBITDA grew 43.8% year-on-year to TRY350 million (TRY244 million) with an EBITDA margin of 46.9% (43.5%) in Q420. (1) EBITDA is a non-GAAP financial measure. See page 17 for the explanation of how we calculate adjusted EBITDA and its reconciliation to net income. - The EBITDA of other subsidiaries stood at TRY142 million (TRY150 million) in Q420. For the full year, EBITDA grew by 17.7% resulting in an EBITDA margin of 42.2% (41.5%) on 0.7pp improvement. - Turkcell Turkeys EBITDA rose 20.4% to TRY10,585 million (TRY8,789 million) leading to an EBITDA margin of 42.1% (40.9%) on 1.2pp improvement. - Turkcell International EBITDA increased 29.4% to TRY1,169 million (TRY904 million) driving an EBITDA margin of 46.0% (45.1%) on 0.9pp improvement. - The EBITDA of other subsidiaries was at TRY516 million (TRY733 million). Depreciation and amortization expenses increased 16.3% year-on-year in Q420. For the full year depreciation and amortization expenses increased 18.4%. Net finance expense increased to TRY382 million (TRY214 million) in Q420. This was driven mainly by a higher net FX loss after hedging, and a higher interest expense on financial assets and liabilities, despite higher interest income on time deposits. For the full year net finance expense decreased to TRY1,132 million (TRY1,728 million). This was due mainly to lower foreign exchange losses after hedging and higher interest income on time deposits. See Appendix A for the details of net foreign exchange gain and loss. Income tax expense: The current tax expense of TRY136 million was more than offset by TRY584 million deferred tax income reported in Q420. Please note that in Q420 lifecell registered TRY689 million deferred tax income having recognized its accumulated losses as deferred tax assets. For the full year, income tax expense declined 50.7% due mainly to lifecells deferred tax income. Please see Appendix A for details. Net income of the Group rose 72.3% to TRY1,302 million (TRY756 million) in Q420. Net income was positively impacted by TRY689 million deferred tax income registered by lifecell. Excluding this impact and other one-off expenses, we registered a robust net income of TRY1,025 million on solid operational performance. For the full year, group net income increased 30.5% to TRY4,237 million (TRY3,246 million). Excluding the deferred tax income impact and other one-off expenses, we registered a net income of TRY3,953 million on a 39% rise on the back of strong operational performance and prudent financial risk management. Please see Appendix A for details of one-off items. Total cash & debt: Consolidated cash as of December 31, 2020 decreased to TRY11,861 million from TRY13,524 million as of September 30, 2020 due mainly to the dividend payment, and the impact of TRY appreciation on our FX denominated cash. Excluding FX swap transactions, 74% of our cash is in US$, 4% in EUR, and 22% in TRY. Consolidated debt as of December 31, 2020 decreased to TRY21,586 million from TRY22,841 million as of September 30, 2020 due mainly to the impact of TRY appreciation on FX denominated debt. Please note that TRY2,099 million of our consolidated debt is comprised of lease obligations. Consolidated debt breakdown excluding lease obligations: - Turkcell Turkeys debt was at TRY17,469 million, of which TRY10,197 million (US$1,389 million) was denominated in US$, TRY5,624 million (EUR624 million) in EUR, TRY283 million (CNY253 million) in CNY, and the remaining TRY1,364 million in TRY. - Finance company had a debt balance of TRY1,038 million, of which TR259 million (US$36 million) was denominated in US$, and TRY465 million (EUR52 million) in EUR with the remaining TRY314 million in TRY. - The debt balance of lifecell was TRY980 million, fully denominated in UAH. TRY1,202 million of lease obligations is denominated in TRY, TRY56 million (US$8 million) in US$, TRY186 million (EUR21 million) in EUR, and the remaining balance in other local currencies (Please note that the figures in parentheses refer to US$ or EUR equivalents). Net debt as of December 31, 2020 was at TRY9,726 million with a net debt to EBITDA ratio of 0.8 times. Excluding finance company consumer loans, our telco only net debt was at TRY7,788 million with a leverage of 0.7 times. Turkcell Group had a long FX position of US$132 million as at the end of the year. (Please note that this figure takes advance payments into account). Capital expenditures: Capital expenditures, including non-operational items, amounted to TRY2,885 million in Q420. For the full year, capital expenditures including non-operational items were at TRY9,079 million. For Q420 and the full year, operational capital expenditures (excluding license fees) at the Group level were at 24.2% and 18.5% of total revenues, respectively. Capital expenditures (million TRY) Quarter Year Q419 Q420 FY19 FY20 Operational Capex 1,696.0 1,904.2 4,525.1 5,391.6 License and Related Costs 0.1 9.3 1.8 42.8 Non-operational Capex (Including IFRS15 & IFRS16) 749.2 971.2 2,697.8 3,644.6 Total Capex 2,445.4 2,884.7 7,224.7 9,078.9 Summary of Operational Data Quarter Year Q419 Q420 y/y % FY19 FY20 y/y % Number of subscribers (million) 35.7 36.7 2.8% 35.7 36.7 2.8% Mobile Postpaid (million) 20.4 22.0 7.8% 20.4 22.0 7.8% Mobile M2M (million) 2.6 2.8 7.7% 2.6 2.8 7.7% Mobile Prepaid (million) 12.4 11.5 (7.3%) 12.4 11.5 (7.3%) Fiber (thousand) 1,484.7 1,664.3 12.1% 1,484.7 1,664.3 12.1% ADSL (thousand) 719.1 707.6 (1.6%) 719.1 707.6 (1.6%) Superbox (thousand)1 323.2 591.2 82.9% 323.2 591.2 82.9% Cable (thousand) 49.2 67.7 37.6% 49.2 67.7 37.6% IPTV (thousand) 719.7 871.3 21.1% 719.7 871.3 21.1% Churn (%)2 Mobile Churn (%)3 4.5% 3.0% (1.5pp) 2.7% 2.3% (0.4pp) Fixed Churn (%) 2.3% 1.9% (0.4pp) 2.1% 1.9% (0.2pp) ARPU (Average Monthly Revenue per User) (TRY)4 Mobile ARPU, blended 42.9 47.5 10.7% 39.8 45.5 14.3% Mobile ARPU, blended (excluding M2M) 46.0 51.2 11.3% 42.7 49.1 15.0% Postpaid 59.7 60.9 2.0% 56.5 59.1 4.6% Postpaid (excluding M2M) 67.9 68.9 1.5% 64.3 67.0 4.2% Prepaid 18.8 23.4 24.5% 18.3 21.8 19.1% Fixed Residential ARPU, blended 66.2 72.6 9.7% 63.2 69.6 10.1% Residential Fiber ARPU 67.8 73.6 8.6% 64.9 70.9 9.2% Average mobile data usage per user (GB/user) 9.0 13.0 44.4% 7.4 11.7 58.1% Mobile MoU (Avg. Monthly Minutes of usage per subs) blended 431.4 548.6 27.2% 415.3 518.7 24.9% (1) Superbox subscribers are included in mobile subscribers. (2) Presentation of churn figures has been changed to demonstrate average monthly churn figures for the respective quarters. (3) In Q117, our churn policy was revised to extend from 9 months to 12 months (the period at the end of which we disconnect prepaid subscribers who have not topped up above TRY10). Additionally, under our revised policy, prepaid customers who last topped up before March will be disconnected at the latest by year-end. As a regulatory requirement, we started to disconnect prepaid lines in accordance with new ICTA regulation, which requires deactivation of prepaid lines which lack residency documents by the 6th month of subscription starting from 2019. Furthermore, as required by the ICTA, the line of a deceased customer should either be transferred to a successor/another user or terminated. Lines, which are not transferred or terminated, are to be disconnected at the end of seven months. (4) We historically recorded all TV-related revenue under Turkcell Superonline and presented the related ARPU under fixed residential ARPU. As previously announced, our TV business has become a separate standalone subsidiary. In order to reflect this change in our organization, we decided to shift mobile OTT TV ARPU from fixed residential ARPU into mobile ARPU starting from Q320. We note that mobile TV revenues are generated by mobile subscribers. IPTV revenues will continue to be recorded under Turkcell Superonline and included under residential fixed ARPU. In order to maintain comparability, we provide ARPU data for the last three years, revised to reflect this change on our investor relations website in financial and operational data spreadsheet. The number of our subscribers in Turkey grew by 1.1 million net annual additions, reaching 36.7 million in FY20 despite the pandemic environment. Accordingly, we achieved our 1 million net subscriber additions target for the year thanks to our solutions that meet changing customer needs, our rich value proposition, and innovative campaigns that facilitate their lives. On the mobile front, our subscriber base expanded to 33.4 million on 712 thousand net annual additions in FY20. Our postpaid subscribers grew on 1.6 million net annual additions, the highest of the past 11 years. Accordingly, our postpaid subscribers reached 65.7% (62.2%) of our mobile subscriber base as at the end of the year. Meanwhile, our prepaid subscribers declined 892 thousand in FY20, due mainly to the disconnection of 666 thousand inactive prepaid subscribers in Q420 in line with our churn policy. There were also 194 thousand disconnections in Q420 to reflect the regulatory change requiring deactivation of deceased customers subscriptions. On the fixed front, our subscriber base exceeded 2.4 million on 79 thousand quarterly and 187 thousand net annual additions. Our fiber subscribers grew by 65 thousand quarterly and 180 thousand annual net additions. Superbox, our fixed-wireless access offering, registered a strong performance in FY20. Accordingly, it had 41 thousand quarterly net additions in Q420, while registering 268 thousand net annual additions. Meanwhile, our IPTV customer base rose to 871 thousand on 60 thousand quarterly and 152 thousand annual net additions. The average monthly mobile churn rate was at 3.0% and 2.3% in Q420 and FY20, respectively. The higher mobile churn rate in Q419 was due mainly to the lump sum disconnection of subscriptions in accordance with the ICTA regulation that requires deactivation of prepaid lines, that lack residency documents by the 6th month of subscription. Average monthly fixed churn rate was at 1.9% in Q420, and at the same level for the full year. Our mobile ARPU (excluding M2M) rose 11.3% year-on-year in Q420 on the back of a larger postpaid subscriber base and upsell efforts, as well as increased data and digital services usage. Mobile ARPU (excluding M2M) grew 15.0% for the full year, mainly on the same drivers. Our residential fiber ARPU grew by 8.6% year-on-year in Q420 driven mainly by upsell efforts and the acquisition of higher revenue generating customers. Fiber residential ARPU grew by 9.2% for the full year. Average monthly mobile data usage per user increased 44.4% in Q420 year-on-year and 58.1% for the full year. This was driven mainly by the increasing number and data consumption of 4.5G users, as well as higher digital services usage. Accordingly, the average mobile data usage of 4.5G users reached 14.9 GB in Q420. The rising number of Superbox subscribers also had a positive impact on data consumption. The number of 4.5G compatible smartphones on our network rose to 21.5 million on 2.3 million annual additions, comprising 91% of smartphones on our network. Total smartphone penetration had reached 81% as at the end of the year. TURKCELL INTERNATIONAL lifecell1 Financial Data Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Revenue (million UAH) 1,557.9 1,913.8 22.8% 5,983.8 6,835.8 14.2% EBITDA (million UAH) 818.6 1,042.9 27.4% 3,243.4 3,630.9 11.9% EBITDA margin (%) 52.5% 54.5% 2.0pp 54.2% 53.1% (1.1pp) Net income / (loss) (million UAH) (215.0) 2,736.7 n.m (1,113.6) 2,588.7 n.m Capex (million UAH) 639.9 1,545.7 141.6% 1,895.3 3,482.4 83.7% Revenue (million TRY) 369.4 531.4 43.9% 1,315.8 1,775.6 34.9% EBITDA (million TRY) 194.2 289.6 49.1% 711.6 944.0 32.7% EBITDA margin (%) 52.6% 54.5% 1.9pp 54.1% 53.2% (0.9pp) Net income / (loss) (million TRY) (50.8) 731.9 n.m (243.3) 696.1 n.m (1) Since July 10, 2015, we hold a 100% stake in lifecell. lifecell (Ukraine) reported robust revenue growth of 22.8% year-on-year in Q420 in local currency terms. This performance resulted mainly from subscriber base growth, and the rise in voice and data services usage despite the decline in roaming revenues. Meanwhile, on the back of strong revenue growth, lifecells EBITDA rose 27.4% year-on-year, which led to an EBITDA margin of 54.5%. Moreover, lifecell registered a positive net income in Q420, resulting from a strong operational performance. Please note that, having recognized its accumulated losses as a deferred tax asset, lifecell registered a deferred tax gain of UAH2,582 million in Q420 which also positively impacted its net income. lifecell revenues in TRY terms rose 43.9% year-on-year in Q420 on the back of strong operational performance and the positive impact of currency movements. lifecells EBITDA in TRY terms rose 49.1%, which resulted in an EBITDA margin of 54.5%. For the full year, lifecell revenues in local currency terms grew 14.2%, while its EBITDA rose 11.9% leading to an EBITDA margin of 53.1%. lifecell also registered a positive net income for the full year. Even excluding the impact of the deferred tax gain, lifecells net income was positive for the full year on strong operational performance. In TRY terms, lifecell registered revenue growth of 34.9% with an EBITDA margin of 53.2%. lifecell Operational Data Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Number of subscribers (million)2 8.9 9.3 4.5% 8.9 9.3 4.5% Active (3 months)3 7.4 8.1 9.5% 7.4 8.1 9.5% MOU (minutes) (12 months) 157.0 185.5 18.2% 149.0 176.2 18.3% ARPU (Average Monthly Revenue per User), blended (UAH) 58.3 69.6 19.4% 54.0 63.3 17.2% Active (3 months) (UAH) 73.3 79.9 9.0% 71.8 74.1 3.2% (2) We may occasionally offer campaigns and tariff schemes that have an active subscriber life differing from the one that we normally use to deactivate subscribers and calculate churn. (3) Active subscribers are those who in the past three months made a revenue generating activity. lifecell continued to expand its subscriber base in Q420 with a customer retention focus. Accordingly, its three-month active subscriber base rose to 8.1 million. Meanwhile, lifecells 3-month active ARPU rose 9.0% year-on-year on the back of higher data usage and price adjustments. The 3-month active 4.5G subscribers grew 42% year-on-year reaching 63% of total data users as at the end of Q420. The increase in 4.5G users coupled with their higher average data usage, which grew 32% year-on-year, supported the growth of overall data consumption. Accordingly, average monthly data consumption per user rose 46% year-on-year in Q420. Meanwhile, lifecell continued its leadership of the Ukrainian market in smartphone penetration, which reached 81% as of the end of Q420. lifecell continued its efforts to increase the penetration of its digital services within its subscriber base by introducing attractive offers. BeST1 Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Number of subscribers (million) 1.5 1.4 (6.7%) 1.5 1.4 (6.7%) Active (3 months) 1.1 1.1 - 1.1 1.1 - Revenue (million BYN) 33.9 37.8 11.5% 135.0 138.7 2.7% EBITDA (million BYN) 7.4 10.3 39.2% 35.5 34.5 (2.8%) EBITDA margin (%) 21.7% 27.4% 5.7pp 26.3% 24.8% (1.5pp) Net loss (million BYN) (8.0) (7.1) (11.3%) (33.3) (31.2) (6.3%) Capex (million BYN) 7.2 11.0 52.8% 49.9 46.5 (6.8%) Revenue (million TRY) 93.8 114.1 21.6% 365.0 395.4 8.3% EBITDA (million TRY) 20.3 31.1 53.2% 96.4 98.3 2.0% EBITDA margin (%) 21.7% 27.3% 5.6pp 26.4% 24.9% (1.5pp) Net loss (million TRY) (22.1) (21.7) (1.8%) (89.8) (88.9) (1.0%) (1) BeST, in which we hold an 80% stake, has operated in Belarus since July 2008. BeST registered a revenue growth of 11.5% year-on-year in local currency terms, mainly with the rise in voice, data, messaging and handset sales revenues. This performance came despite the decline in roaming revenues. BeSTs EBITDA rose 39.2% leading to an EBITDA margin of 27.4% on the back of strong revenue growth and cost control initiatives. BeSTs revenues in TRY terms grew by 21.6% in Q420 year-on-year, while its EBITDA margin rose to 27.3%. For the full year, revenues in local currency terms increased by 2.7% with an EBITDA margin of 24.8%. In TRY terms, BeST achieved revenue growth of 8.3% with an EBITDA margin of 24.9%. The 4G subscriber base of BeST continued to expand in Q420. Accordingly, 4G users reached 63% of its 3-month active customer base as at the end of Q420. The higher number and usage of 4G users continued to drive higher data consumption. Overall, average monthly data consumption of subscribers reached 12.3 GB on 46% year-on-year growth. Meanwhile, BeST continued its focus on rising the penetration of its digital services, which supports ARPU growth and customer loyalty. Furthermore, subscriber acquisitions over the remote subscription platform, which was introduced in Q320, reached 9% of total subscriptions. Kuzey Kbrs Turkcell2 (million TRY) Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Number of subscribers (million) 0.5 0.5 - 0.5 0.5 - Revenue 67.1 65.6 (2.2%) 222.3 239.4 7.7% EBITDA 21.2 21.8 2.8% 78.5 86.3 9.9% EBITDA margin (%) 31.6% 33.2% 1.6pp 35.3% 36.0% 0.7pp Net income 12.4 9.3 (25.0%) 41.8 34.9 (16.5%) Capex 23.9 23.0 (3.8%) 58.6 68.1 16.2% (2) Kuzey Kbrs Turkcell, in which we hold a 100% stake, has operated in Northern Cyprus since 1999 Kuzey Kbrs Turkcell registered revenues of TRY65.6 million in Q420, impacted by lower roaming revenues with the decline in tourist traffic. The EBITDA of Kuzey Kbrs Turkcell rose 2.8% year-on-year leading to an EBITDA margin of 33.2% on the back of savings achieved during the pandemic environment. For the full year, Kuzey Kbrs registered revenue growth of 7.7% and EBITDA growth 9.9%, which resulted in an EBITDA margin of 36.0%. Fintur: In accordance with our strategic approach and IFRS requirements, Fintur was classified as held for sale and reported as discontinued operations as of October 2016. On December 12, 2018, Turkcell signed a binding agreement, and on April 2, 2019 completed the transfer of its shares in Fintur to Sonera Holding B.V., the majority shareholder of Fintur. The final value of the transaction was EUR352.9 million. As the conditions precedent required for the share transfer were completed within Q119, TRY772 million profit generated from the transaction was reflected in the Q119 financial statements. Turkcell Group Subscribers Turkcell Group registered subscribers amounted to approximately 47.9 million as of December 31, 2020. This figure is calculated by taking the number of subscribers of Turkcell Turkey, and of each of our subsidiaries. It includes the total number of mobile, fiber, ADSL, cable and IPTV subscribers of Turkcell Turkey, and the mobile subscribers of lifecell and BeST, as well as those of Kuzey Kbrs Turkcell. Turkcell Group Subscribers Q419 Q320 Q420 y/y% q/q% Mobile Postpaid (million) 20.4 21.5 22.0 7.8% 2.3% Mobile Prepaid (million) 12.4 12.2 11.5 (7.3%) (5.7%) Fiber (thousand) 1,484.7 1,599.4 1,664.3 12.1% 4.1% ADSL (thousand) 719.1 694.0 707.6 (1.6%) 2.0% Superbox (thousand)1 323.2 550.5 591.2 82.9% 7.4% Cable (thousand) 49.2 66.9 67.7 37.6% 1.2% IPTV (thousand) 719.7 811.1 871.3 21.1% 7.4% Turkcell Turkey subscribers (million)2 35.7 36.9 36.7 2.8% (0.5%) lifecell (Ukraine) 8.9 9.1 9.3 4.5% 2.2% BeST (Belarus) 1.5 1.4 1.4 (6.7%) - Kuzey Kbrs Turkcell 0.5 0.5 0.5 - - lifecell Europe3 0.2 - - n.a n.a Turkcell Group Subscribers (million) 46.7 47.9 47.9 2.6% - (1) Superbox subscribers are included in mobile subscribers. (2) Subscribers to more than one service are counted separately for each service. (3) The marketing partnership between Turkcell Europe and Telekom Deutschland Multibrand GmbH, the subsidiary of Deutsche Telekom, has ended on April 30, 2020 pursuant to the respective agreement. Turkcell Europe was rebranded as lifecell Europe on January 15, 2018. OVERVIEW OF THE MACROECONOMIC ENVIRONMENT The foreign exchange rates used in our financial reporting, along with certain macroeconomic indicators, are set out below. Quarter Year Q419 Q320 Q420 y/y% q/q% FY19 FY20 y/y% GDP Growth (Turkey) 6.4% 6.7% n.a n.a n.a 0.9% n.a n.a Consumer Price Index (Turkey)(yoy) 11.8% 11.7% 14.6% 2.8pp 2.9pp 11.8% 14.6% 2.8pp US$ / TRY rate Closing Rate 5.9402 7.8080 7.3405 23.6% (6.0%) 5.9402 7.3405 23.6% Average Rate 5.7588 7.1891 7.8933 37.1% 9.8% 5.6604 7.0120 23.9% EUR / TRY rate Closing Rate 6.6506 9.1281 9.0079 35.4% (1.3%) 6.6506 9.0079 35.4% Average Rate 6.3706 8.4187 9.3551 46.8% 11.1% 6.3340 8.0255 26.7% US$ / UAH rate Closing Rate 23.69 28.30 28.27 19.3% (0.1%) 23.69 28.27 19.3% Average Rate 24.31 27.55 28.40 16.8% 3.1% 25.90 27.04 4.4% US$ / BYN rate Closing Rate 2.1036 2.6403 2.5789 22.6% (2.3%) 2.1036 2.5789 22.6% Average Rate 2.0840 2.5408 2.6088 25.2% 2.7% 2.0979 2.4605 17.3% RECONCILIATION OF NON-GAAP FINANCIAL MEASUREMENTS: We believe Adjusted EBITDA, among other measures, facilitates performance comparisons from period to period and management decision making. It also facilitates performance comparisons from company to company. Adjusted EBITDA as a performance measure eliminates potential differences caused by variations in capital structures (affecting interest expense), tax positions (such as the impact of changes in effective tax rates on periods or companies) and the age and book depreciation of tangible assets (affecting relative depreciation expense). We also present Adjusted EBITDA because we believe it is frequently used by securities analysts, investors and other interested parties in evaluating the performance of other mobile operators in the telecommunications industry in Europe, many of which present Adjusted EBITDA when reporting their results. Our Adjusted EBITDA definition includes Revenue, Cost of Revenue excluding depreciation and amortization, Selling and Marketing expenses, Administrative expenses and Net impairment losses on financial and contract assets, but excludes translation gain/(loss), finance income, finance expense, share of profit of equity accounted investees, gain on sale of investments, minority interest and other income/(expense). Nevertheless, Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation from, or as a substitute for analysis of our results of operations, as reported under IFRS. The following table provides a reconciliation of Adjusted EBITDA, as calculated using financial data prepared in accordance with IFRS as issued by the IASB, to net profit, which we believe is the most directly comparable financial measure calculated and presented in accordance with IFRS as issued by the IASB. Turkcell Group (million TRY) Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Adjusted EBITDA 2,753.8 3,243.0 17.8% 10,426.4 12,270.3 17.7% Depreciation and amortization (1,404.9) (1,634.6) 16.3% (5,046.6) (5,974.8) 18.4% EBIT 1,348.9 1,608.4 19.2% 5,379.9 6,295.5 17.0% Finance income 44.9 (316.0) (803.8%) 297.5 2,119.5 612.4% Finance costs (259.2) (65.8) (74.6%) (2,025.1) (3,251.2) 60.5% Other income / (expense) (128.2) (366.9) 186.2% (346.6) (523.3) 51.0% Share of profit of equity accounted investees (19.1) (5.2) (72.8%) (15.7) (13.8) (12.1%) Consolidated profit from continued operations before income tax & minority interest 987.3 854.5 (13.5%) 3,289.9 4,626.8 40.6% Income tax expense (233.7) 447.6 n.m (785.6) (387.2) (50.7%) Consolidated profit from continued operations before minority interest 753.6 1,302.0 72.8% 2,504.3 4,239.6 69.3% Discontinued operations - - - 772.4 - - Consolidated profit before minority interest 753.6 1,302.0 72.8% 3,276.7 4,239.6 29.4% NOTICE: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. This includes, in particular, our targets for revenue, EBITDA and capex for 2021. More generally, all statements other than statements of historical facts included in this press release, including, without limitation, certain statements regarding the launch of new businesses, our operations, financial position and business strategy may constitute forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as, among others, "will," "expect," "intend," "estimate," "believe", "continue" and guidance. Although Turkcell believes that the expectations reflected in such forward-looking statements are reasonable at this time, it can give no assurance that such expectations will prove to be correct. All subsequent written and oral forward-looking statements attributable to us are expressly qualified in their entirety by reference to these cautionary statements. For a discussion of certain factors that may affect the outcome of such forward looking statements, see our Annual Report on Form 20-F for 2019 filed with the U.S. Securities and Exchange Commission, and in particular the risk factor section therein. We undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The Company makes no representation as to the accuracy or completeness of the information contained in this press release, which remains subject to verification, completion and change. No responsibility or liability is or will be accepted by the Company or any of its subsidiaries, board members, officers, employees or agents as to or in relation to the accuracy or completeness of the information contained in this press release or any other written or oral information made available to any interested party or its advisers. ABOUT TURKCELL: Turkcell is a digital operator headquartered in Turkey, serving its customers with its unique portfolio of digital services along with voice, messaging, data and IPTV services on its mobile and fixed networks. Turkcell Group companies operate in 4 countries Turkey, Ukraine, Belarus, Northern Cyprus. Turkcell launched LTE services in its home country on April 1st, 2016, employing LTE-Advanced and 3 carrier aggregation technologies in 81 cities. Turkcell offers up to 10 Gbps fiber internet speed with its FTTH services. Turkcell Group reported TRY29.1 billion revenue in FY20 with total assets of TRY51.5 billion as of December 31, 2020. It has been listed on the NYSE and the BIST since July 2000, and is the only NYSE-listed company in Turkey. Read more at www.turkcell.com.tr. Appendix A Tables Table: Net foreign exchange gain and loss details Million TRY Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Turkcell Turkey (338.5) 200.2 n.m (799.2) (2,101.6) 163.0% Turkcell International (15.3) 33.3 n.m (49.9) (66.9) 34.1% Other Subsidiaries (78.6) 21.2 n.m (190.5) (241.0) 26.5% Net FX loss before hedging (432.4) 254.7 n.m (1,039.6) (2,409.5) 131.8% Swap interest income/(expense)1 (144.7) (97.8) (32.4%) (659.5) (404.6) (38.7%) Fair value gain on derivative financial instruments1 450.1 (400.3) (188.9%) 570.2 2,133.4 274.1% Net FX gain / (loss) after hedging (127.0) (243.4) 91.7% (1,128.9) (680.7) (39.7%) (1) Swap interest income / (expense) which was included in fair value gain on derivative financial instruments line in previous quarters has been presented separately. Table: Income tax expense details Million TRY Quarter Year Q419 Q420 y/y% FY19 FY20 y/y% Current tax expense (62.5) (136.2) 117.9% (570.5) (724.7) 27.0% Deferred tax income / (expense) (171.2) 583.7 n.m (215.1) 337.5 n.m Income tax expense (233.7) 447.6 n.m (785.6) (387.2) (50.7%) Table: Group net income one-off impacts One-off impacts (million TRY) Q419 One-off impacts (million TRY) Q420 Mobile tax settlement (199) lifecell deferred tax 689 Provision for litigation expenses (243) Litigation expenses (146) Other (23) Total (199) Total 277 One-off impacts (million TRY) FY19 One-off impacts (million TRY) FY20 Sales of Fintur 772 lifecell deferred tax 689 Mobile tax settlement (199) Provision for litigation expenses (243) Wireless tax (net of tax) (116) Litigation expenses (146) Compensation for Kcell SPA (Fintur) (60) Other (15) Total 396 Total 285 2019 2019 2020 2020 2020 5,740.7 21,487.2 6,647.9 6,770.9 25,160.2 561.0 2,002.8 657.6 747.3 2,542.4 382.1 1,647.2 344.0 354.0 1,401.1 6,683.8 25,137.1 7,649.5 7,872.2 29,103.7 (4,611.2) (17,083.5) (5,243.8) (5,572.8) (20,336.1) 2,072.5 8,053.7 2,405.7 2,299.4 8,767.7 (217.4) (779.8) (184.2) (210.7) (749.6) (384.9) (1,555.2) (295.6) (400.8) (1,373.0) (128.2) (346.6) (11.2) (366.9) (523.3) (121.3) (338.9) (48.5) (79.5) (349.6) 1,220.8 5,033.3 1,866.1 1,241.5 5,772.3 (259.2) (2,025.1) (1,602.5) (65.8) (3,251.2) 44.9 297.5 1,307.8 (316.0) 2,119.5 (19.1) (15.7) (5.3) (5.2) (13.8) 987.3 3,289.9 1,566.1 854.5 4,626.8 (233.7) (785.6) (355.5) 447.6 (387.2) 753.6 2,504.3 1,210.7 1,302.0 4,239.6 - 772.4 - - - 2.0 (30.2) (0.0) - (2.5) 755.6 3,246.5 1,210.6 1,302.0 4,237.1 0.35 1.49 0.55 0.60 1.94 31.0% 32.0% 31.4% 29.2% 30.1% 2,753.8 10,426.4 3,393.9 3,243.0 12,270.3 2,445.4 7,224.7 2,872.6 2,884.7 9,078.9 1,696.0 4,525.1 1,477.5 1,904.2 5,391.6 0.1 1.8 3.1 9.3 42.8 749.2 2,697.8 1,392.1 971.2 3,644.6 10,238.7 10,238.7 13,523.9 11,860.6 11,860.6 45,715.0 45,715.0 51,528.1 51,498.4 51,498.4 12,677.4 12,677.4 16,821.5 16,353.7 16,353.7 20,305.7 20,305.7 22,840.8 21,586.4 21,586.4 27,632.0 27,632.0 31,239.1 30,713.5 30,713.5 18,082.9 18,082.9 20,289.0 20,784.9 20,784.9 2019 2019 2020 2020 2020 5,740.7 21,487.2 6,647.9 6,770.9 25,160.2 561.0 2,002.8 657.6 747.3 2,542.4 382.1 1,647.2 344.0 354.0 1,401.1 6,683.8 25,137.1 7,649.5 7,872.2 29,103.7 (4,611.2) (17,083.5) (5,243.8) (5,572.8) (20,336.1) 2,072.5 8,053.7 2,405.7 2,299.4 8,767.7 (217.4) (779.8) (184.2) (210.7) (749.6) (384.9) (1,555.2) (295.6) (400.8) (1,373.0) 465.9 877.7 1,212.6 (578.5) 1,543.4 1,936.1 6,596.5 3,138.5 1,109.4 8,188.5 (121.3) (338.9) (48.5) (79.5) (349.6) 54.2 102.8 44.1 4.5 167.8 42.2 (44.1) (1.4) (30.2) (31.5) (19.1) (15.7) (5.3) (5.2) (13.8) 1,892.1 6,300.6 3,127.4 999.1 7,961.4 1.0 106.6 1,210.2 (486.5) 1,788.6 (905.8) (3,117.3) (2,771.4) 341.9 (5,123.2) 987.3 3,289.9 1,566.1 854.5 4,626.8 (233.7) (785.6) (355.5) 447.6 (387.2) 753.6 2,504.3 1,210.7 1,302.0 4,239.6 - 772.4 - - - 753.6 3,276.7 1,210.7 1,302.0 4,239.6 2.0 (30.2) (0.0) - (2.5) 755.6 3,246.5 1,210.6 1,302.0 4,237.1 0.35 1.49 0.55 0.60 1.94 31.0% 32.0% 31.4% 29.2% 30.1% 2,753.8 10,426.4 3,393.9 3,243.0 12,270.3 2,445.4 7,224.7 2,872.6 2,884.7 9,078.9 1,696.0 4,525.1 1,477.5 1,904.2 5,391.6 0.1 1.8 3.1 9.3 42.8 749.2 2,697.8 1,392.1 971.2 3,644.6 10,238.7 10,238.7 13,523.9 11,860.6 11,860.6 45,715.0 45,715.0 51,528.1 51,498.4 51,498.4 12,677.4 12,677.4 16,821.5 16,353.7 16,353.7 20,305.7 20,305.7 22,840.8 21,586.4 21,586.4 27,632.0 27,632.0 31,239.1 30,713.5 30,713.5 18,082.9 18,082.9 20,289.0 20,784.9 20,784.9 | Turkcell Iletisim Hizmetleri:Fourth Quarter and Full Year 2020 Results Robust Performance on Strong Business Plan and Strategy |
LUXEMBOURG--(BUSINESS WIRE)--Pacific Drilling S.A. (OTC: PACDQ) announced today that it is commencing solicitation of votes on its proposed prearranged chapter 11 plan of reorganization. On November 10, the United States Bankruptcy Court for the Southern District of TexasHouston Division (the Bankruptcy Court) entered an order, among other things, (i) conditionally approving the Disclosure Statement for the First Amended Joint Plan of Reorganization of Pacific Drilling S.A. and its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code (the Disclosure Statement) and (ii) scheduling a combined hearing on December 21, 2020 to consider (a) final approval of the Disclosure Statement and (b) confirmation of the First Amended Joint Plan of Reorganization of Pacific Drilling S.A. and its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code (the Plan). The voting deadline is December 14, 2020 at 5:00 p.m. (prevailing Central Time). The Plan is subject to Bankruptcy Court approval and, thus, final terms of any restructuring transaction may differ. If approved, the Plan provides for the following: This description of the Plan is qualified in its entirety by the terms of the Plan, which can be found at http://cases.primeclerk.com/PacificDrilling2020. The Bankruptcy Court has scheduled a hearing for December 21, 2020 to consider approval of the Disclosure Statement on a final basis and whether to confirm the Plan pursuant to 11 U.S.C. 1129. If the Plan is confirmed, the Company estimates that the Effective Date of the Plan will be on or before December 31, 2020. With approximately $120 million of cash and cash equivalents as of October 30, 2020, and seven of the most advanced high-specification drillships in the world, Pacific Drilling intends to continue its world-wide operations as usual, deliver services for existing and prospective clients and, subject to court approval, pay all obligations incurred during the Chapter 11 proceedings in full. The Company expects to emerge by year-end with access to new capital in the form of an undrawn $80 million exit facility and with over $100 million of cash and cash equivalents on hand. Additional information regarding the restructuring and Chapter 11 proceedings, including the Plan and the Disclosure Statement can be found (i) on our website at www.pacificdrilling.com/restructuring, (ii) on a website administered by our claims, noticing, and solicitation agent, Prime Clerk LLC, at http://cases.primeclerk.com/PacificDrilling2020, or (iii) via our dedicated restructuring information line at: +1 877-930-4314 (toll free) or +1 347-897-4073 (international). Advisors Greenhill & Co. is acting as financial advisor, Latham & Watkins LLP and Jones Walker LLP are serving as legal counsel, and AlixPartners is acting as restructuring advisor to Pacific Drilling in connection with the restructuring. Houlihan Lokey is acting as financial advisor and Akin Gump Strauss Hauer & Feld LLP is acting as legal advisor to an ad hoc group of noteholders. About Pacific Drilling With our best-in-class drillships and highly experienced team, Pacific Drilling is committed to exceeding our customers expectations by delivering the safest, most efficient and reliable deepwater drilling services in the industry. Pacific Drillings fleet of seven drillships represents one of the youngest and most technologically advanced fleets in the world. For more information about Pacific Drilling, including the Chapter 11 proceedings and the Plan of Reorganization, please visit our website at www.pacificdrilling.com/Restructuring. Forward-Looking Statements Certain statements and information contained in this press release constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are generally identifiable by their use of words such as anticipate, believe, could, estimate, expect, forecast, intend, our ability to, may, plan, potential, predict, project, projected, should, will, would, or other similar words which are not generally historical in nature. The forward-looking statements speak only as of the date hereof, and we undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise. Our forward-looking statements express our current expectations or forecasts of possible future results or events, including the potential outcome of the Chapter 11 proceedings; the future impact of the COVID-19 pandemic on our business, future financial and operational performance and cash balances; our future liquidity position and future efforts to improve our liquidity position; revenue efficiency levels; market outlook; forecasts of trends; future client contract opportunities; future contract dayrates; our business strategies and plans or objectives of management; estimated duration of client contracts; backlog; expected capital expenditures; projected costs and savings; expectations regarding the outcome of the ongoing bankruptcy proceedings of our two subsidiaries against whom the arbitration award related to the drillship known as the Pacific Zonda in favor of Samsung Heavy Industries Co. Ltd. (SHI) was rendered and the potential impact of the arbitration tribunals decision on our future operations, financial position, results of operations and liquidity. Although we believe that the assumptions and expectations reflected in our forward-looking statements are reasonable and made in good faith, these statements are not guarantees, and actual future results may differ materially due to a variety of factors. These statements are subject to a number of risks and uncertainties and are based on a number of judgments and assumptions as of the date such statements are made about future events, many of which are beyond our control. Actual events and results may differ materially from those anticipated, estimated, projected or implied by us in such statements due to a variety of factors, including if one or more of these risks or uncertainties materialize, or if our underlying assumptions prove incorrect. Important factors that could cause actual results to differ materially from our expectations include: the potential outcome of our Chapter 11 proceedings; evolving risks from the COVID-19 outbreak and resulting significant disruption in international economies, and international financial and oil markets, including a substantial decline in the price of oil during 2020, which if sustained would continue to have a material adverse effect on our financial condition, results of operations and cash flow; changes in actual and forecasted worldwide oil and gas supply and demand and prices, and the related impact on demand for our services; the offshore drilling market, including changes in capital expenditures by our clients; rig availability and supply of, and demand for, high-specification drillships and other drilling rigs competing with our fleet; our ability to enter into and negotiate favorable terms for new drilling contracts or extensions of existing drilling contracts; our ability to successfully negotiate and consummate definitive contracts and satisfy other customary conditions with respect to letters of intent and letters of award that the Company receives for our drillships; actual contract commencement dates; possible cancellation, renegotiation, termination or suspension of drilling contracts as a result of mechanical difficulties, performance, market changes or other reasons; costs related to stacking of rigs and costs to reactivate a stacked rig; downtime and other risks associated with offshore rig operations, including unscheduled repairs or maintenance, relocations, severe weather or hurricanes or accidents; our small fleet and reliance on a limited number of clients; the outcome of our subsidiaries bankruptcy proceedings and any actions that SHI or others may take in the bankruptcy or other proceedings against the Company and our subsidiaries; our ability to continue as a going concern; our ability to obtain Bankruptcy Court approval with respect to motions or other requests made to the Bankruptcy Court in the Chapter 11 proceedings; our ability to confirm and consummate the prearranged Plan; the effects of the Chapter 11 proceedings on our operations and agreements, including our relationships with employees, regulatory authorities, customers, suppliers, banks and other financing sources, insurance companies and other third parties the length of time that the Company will operate under Chapter 11 protection and the continued availability of operating capital during the pendency of the Chapter 11 proceedings risks associated with third-party motions in the Chapter 11 proceedings, which may interfere with our ability to confirm and consummate the prearranged Plan; increased advisory costs to execute the prearranged Plan; the potential adverse effects of the Chapter 11 proceedings on our liquidity, results of operations, or business prospects increased administrative and legal costs related to the Chapter 11 proceedings and other litigation and the inherent risks involved in a bankruptcy process; the potential effects of the delisting of our common shares from trading on the New York Stock Exchange, including how long our common shares will trade on the over-the-counter market; the potential effects of the anticipated suspension by the Company of its reporting obligations to the Securities and Exchange Commission (SEC); and the other risk factors described in our 2019 Annual Report on Form 10-K filed with the SEC on March 12, 2020, as updated by our Quarterly Reports on Form 10-Q as filed with the SEC on May 8, August 7, and November 6, 2020 and subsequent filings with the SEC. These documents are available through our website at www.pacificdrilling.com or through the SECs website at www.sec.gov. | Pacific Drilling Commences Solicitation for Prearranged Plan of Reorganization |
NOVATO, Calif., Dec. 1, 2020 /PRNewswire/ --Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for the fiscal year ended September 30, 2020. "In a year defined by a global pandemic, economic shutdowns, and a highly charged presidential election, the stock market has continued to show its resiliency and strength," said Neil Hennessy, Chairman and CEO. "The clarity of the presidential race, news of highly effective COVID-19 vaccine trials, and hope for the inevitable reopening of our economy seems to have allowed investors to return their focus to the strong underlying fundamentals and move the markets toward all-time highs," he added. "Hennessy Advisors continues to post positive earnings and generate strong operating cash flows." Tweet this "Although the uncertainty created by the continued health crisis and the stalemate over fiscal relief may lead to additional bouts of market volatility, I remain confident the markets have the potential to thrive in the long term. As a company, we remain ever focused on our longterm business model of pursuing acquisitions and growing organically, despite the challenging environment," said Mr. Hennessy. "Hennessy Advisors continues to post positive earnings and generate strong operating cash flows," said Teresa Nilsen, President and COO. "During the year, we paid off our debt and made strategic cost cuts, and we believe our foresight has paid off for our shareholders," she added.Summary Highlights for the Fiscal Year(compared to fiscal year 2019): Total revenue of $33.4 million, a decrease of 22%. Net income of $7.8 million, a decrease of 29%. Fully diluted earnings per share of $1.06, a decrease of 25%. Average assets under management, upon which revenue is earned, of $4.1 billion, a decrease of 21%. Total assets under management of $3.6 billion, a decrease of 27%. Cash and cash equivalents (net of gross loan balance) of $10.0 million, an increase of 39%.Note: The loan balance of $17.5million was paid off with cash on hand in March 2020.Other activities affecting cash and cash equivalents during the year included the following: $10.6 million in operating cash flow. $4.0million in total annual dividend payments, which brought our annualized dividend yield to 5.9%.* $2.7million for the repurchase of 270,896 shares of common stock outstanding at an average price of $10.02 per share. Financial Highlights Twelve Months Ended Sept. 30, Change 2020 2019 Dollar Percent Total Revenue $ 33,388,696 $ 42,714,880 $ (9,326,184) -21.8% Net Income 7,840,670 11,030,804 (3,190,134) -28.9% Earnings Per Share (Diluted) 1.06 1.42 (0.36) -25.4% Weighted Average Number of Shares Outstanding (Diluted) 7,378,729 7,771,561 (392,832) -5.1% Mutual Fund Average Assets Under Management 4,098,404,288 5,184,742,475 (1,086,338,187) -21.0% As of Sept. 30, 2020 2019 Mutual Fund Total Assets Under Management $ 3,564,597,465 $ 4,873,838,569 $(1,309,241,104) -26.9% Cash and Cash Equivalents, Net of Gross Loan Balance 9,954,791 7,187,042 2,767,749 38.5% * Based on the closing stock price of $9.36 on November 30, 2020, and an annualized dividend of $0.55 per share. About Hennessy Advisors, Inc.Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty mutual funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buyandhold philosophy that rejects the idea of market timing. Supplemental InformationNothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Forward-LookingStatementsThis press release contains "forward-looking statements" for which Hennessy Advisors, Inc. claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995.Forward-looking statements relate to expectations and projections about future events based on currently available information. Forwardlooking statements are not a guarantee of future performance or results and are not necessarily accurate indications of the times at which, or means by which, such performance or results may be achieved.Forward-looking statements are subject to risks, uncertainties, and assumptions, including those described in the sections entitled "Risk Factors" and elsewhere in the reports that Hennessy Advisors, Inc. files with the Securities and Exchange Commission. Unforeseen developments could cause actual performance or results to differ substantially from those expressed in, or suggested by, the forwardlooking statements. Hennessy Advisors, Inc. management does not assume responsibility for the accuracy or completeness of the forward-looking statements and undertakes no responsibility to update any such statement after the date of this press release to conform to actual results or to changes in expectations.SOURCE Hennessy Advisors, Inc. Related Links http://www.hennessyadvisors.com | Hennessy Advisors, Inc. Reports Annual Earnings |
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--EdCast, the award-winning learning experience platform (LXP) that delivers upskilling and training to employees at Global 2000 companies and NGOs worldwide, today announced a partnership with General Assembly, which has provided training to nearly 80,000 learners in high-demand fields like data science, digital marketing, and user-experience design. Through the unique initiative, General Assembly will offer its programs, courses, and certifications through the EdCast Marketplace, enabling thousands of employers and millions of end-users to access training for the digital skills that are a prerequisite for success in todays increasingly complex economy. The COVID-19 crisis has accelerated the urgency of upskilling in remote work environments, in order to navigate an increasingly digital world of work, said Jake Schwartz, CEO of General Assembly. Now more than ever, its critical for employers to access the sort of training that can both boost productivity and create new pathways to economic mobility. As the global pandemic reshapes the global landscape of workplace learning, a growing number of employers are turning to virtual programs to stay competitive. An integrated General Assembly and EdCast offering will make both deep-skilling and short-form courses discoverable to employees as well as drive collaboration on key worldwide, industrywide and association-oriented initiatives, including NASSCOMs FutureSkills program in India. We look forward to offering General Assemblys world-class content to our clients through our Knowledge Cloud, said EdCast CEO and Founder Karl Mehta. As EdCast and General Assembly deepen our collaboration, EdCasts suite of services will offer our joint customers a one-stop-shop for their upskilling and reskilling needs. About EdCast EdCast is the AI-Powered Knowledge Cloud solution for unified discovery, personalized learning and knowledge management across the enterprise, including work teams that are more remote and highly distributed than ever. Its award-winning platform is used internationally by Global 2000 companies and large government organizations, including NASSCOM and World Economic Forum, to solve the discovery and curation problems across all external and internal knowledge sources for all employees, wherever they are. EdCasts offerings include its Learning Experience Platform (LXP), the EdCast Marketplace, Spark by EdCast, and MyGuide. For additional information, visit http://www.edcast.com. About General Assembly General Assembly is a pioneer in education and career transformation, specializing in todays most in-demand skills. The leading source for training, staffing, and career transitions, we foster a flourishing community of professionals pursuing careers they love. General Assemblys robust suite of courses includes all the fundamental pillars of innovation to give individuals and teams several options for growth and development. The company offers programs in web development, data science and analysis, user experience design, digital marketing, product management, and more. Students can choose from a range of formats and modalities to help them best achieve their goals, including full-time, part-time, and short-form options. Focusing on the most relevant and in-demand skills across data, design, business, and technology, GA confronts the global skills gap through award-winning, best-in-class instruction, and innovative opportunities across diverse communities. GA works with students across the globe, and partners with top employers to help companies source, assess, and transform talent. | EdCast and General Assembly Join Forces to Expand Access to Tech Skills Training Partnership will deliver General Assemblys industry-leading upskilling programs on EdCasts platform to expand training options for Fortune 500 employees |
CINCINNATI, Feb. 11, 2021 /PRNewswire/ --PatientPointand the American Heart Associationtoday announced a collaboration bringing empowering heart attack and stroke survivor stories from the 2021 Class of Go Red for Women Real Womencampaign to the offices of nearly 35,000 healthcare professionals nationwide. Beginning in February for American Heart Month and throughout the rest of the year, PatientPoint will feature stories from 2021 Go Red for Women Real Women on its digital waiting room screensandexam room touchscreensin physician offices across the country. PatientPoint is featuring stories from 2021 Go Red for Women Real Women on its digital waiting room screens and exam room touchscreens in physician offices across the country. Heart disease remains the leading killer of women in the U.S., killing one in three women every year. Research shows heart attacks are on the rise in younger women and new data suggests younger generations of women, Gen Z and Millennials, along with Black and Hispanic women, are less likely to be aware of their greatest health threat, including knowing the warning signs of heart attacks and strokes. Go Red for Women, nationally sponsored by CVS Health, is the American Heart Association's signature initiative to end heart disease and stroke in women. Go Red for Women is working in communities around the country and around the world to help women understand that cardiovascular disease is their greatest health threat and that they should take action to lower their risk. By featuring bold stories from the 2021 Go Red for Women Real Women campaign at the point of care, PatientPoint and the American Heart Association aim to highlight the urgent need for women of all ages to take charge of their health where and when health is top of mind."Too many women, particularly younger women and women of color, remain unaware that cardiovascular disease is their No. 1 killer. The 2021 Class of Real Women is our youngest class yet, highlighting the urgent need for women of all ages to take action," said Mitch Elkind, M.D., M.S., FAHA, FAAN, president of the American Heart Association and professor of neurology and epidemiology at Columbia University in New York City. "We're grateful to PatientPoint for bringing our 2021 Real Women to the physician's office, a place where we hope they can inspire and empower women to work with their healthcare providers to make their health a priority."2021 Real Women to be featured on PatientPoint waiting room and exam room digital screens include: Dani Aylsworth, 33(Santa Rosa Beach, FL): Army combat veteran who battled PTSD, addiction and heart failure. Megan Corbin, 30(Crescent City, CA): A professional dancer who had a heart attack despite being in peak physical shape. Megan's message: heart attacks can happen at any age. Melissa Sloan-Williams, 39(Fenton, MO): Under constant stress as a registered medical assistant, Melissa developed Type 2 diabetes and had a heart attack in her early 30s. Steffany Quintana, 26 (Houston, TX): Lost the ability to talk, swallow food and walk unassisted after her stroke last year. Steffany hopes her story will raise awareness about the impact of stroke. "PatientPoint and the American Heart Association share the common goal of empowering and supporting women to achieve better health and that shines through in this collaboration," said PatientPoint Executive Vice President of Content & Creative Kate Merz. "We're proud to bring these incredible stories of survival to our point-of-care platforms to help spark important, life-saving conversations between women and healthcare providers."About PatientPointPatientPoint is a patient engagement solutions companypassionately committed to making every doctor-patient engagement better.Byharnessing the power oftechnology, our omnichannel platform more effectively educates and empowers patients, caregivers and staff to deliver improved health outcomes and an enhanced patient experience. For 30 years, hospitals, health systems, physician offices and sponsoring brands have trusted PatientPoint and its more than 450 team members to provide a uniquely integrated experience across care settings. PatientPoint in-office programs reach more than 77,000 unique healthcare providers nationwide. Learn more atpatientpoint.com.SOURCE PatientPoint Related Links http://www.patientpoint.com | PatientPoint, American Heart Association Bring 2021 Go Red for Women "Real Women" to the Point of Care Survivor stories encouraging women to live fierce against cardiovascular disease featured on PatientPoint engagement solutions in physician offices nationwide |
DENVER--(BUSINESS WIRE)--CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center, cloud and interconnection solutions in major U.S. metropolitan areas, today announced a cash dividend of $1.23 per share on common stock and common stock equivalents for the fourth quarter of 2020, reflecting a 0.8% increase over the prior quarter dividend of $1.22. The dividend will be paid on January 15, 2021, to shareholders of record as of December 31, 2020. About CoreSite CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,350 of the worlds leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 460+ dedicated employees consistently deliver unmatched data center options all of which leads to a best-in-class customer experience and lasting relationships. For more information, visit www.CoreSite.com. | CoreSite Realty Corporation Announces Fourth-Quarter 2020 Dividend on Common Stock |
NEW YORK--(BUSINESS WIRE)--Aniview (https://www.aniview.com/), a leading provider of holistic end-to-end ad-serving solutions for publishers, unveils Prebid Server-support, extending Connected TV (CTV) and Over-the-Top (OTT) services to additional on-demand formats. The update empowers publishers on Aniviews platform to boost revenue through efficient streaming capabilities. Aniview is currently one of the few platforms available on the market today that supports a Prebid Server in conjunction with CTV/OTT capabilities. Having a Prebid Server on top of the other available integrations, generates more demand opportunities for publishers across Multi Screen OTT solutions. Its easy to use and another step towards seamless integrations for OTT/CTV publishers as the integrations themselves are developed and maintained by the SSPs. Aniview facilitates and orchestrates these connections. Aniviews platform empowers publishers to manage video-ad monetization on their own, ensuring their advertisers dont waste money on ineffective campaigns. Its CTV and OTT technology, enables an end-to-end solution to ingest ads while video content is streaming, known to be ad-stitching or Server Side Ad Insertion (SSAI). The platform includes a proprietary and patented video ad-player, mobile apps SDK, seamless header bidding integration, high-performance ad server, marketplace, and SSAI, in addition to the CTV/OTT auction. Before this update, we needed to help our publishers with RTB and Vast integrations, which may require further efforts for them says Alon Carmel, CEO of Aniview. Now, with the addition of a Prebid Server, Aniviews support for OTT/CTV is extended to more demand types and with our machine learning traffic shaping and yield optimization, we see an amazing uplift from our early adapters publishers. About Aniview Founded in 2013, Aniview provides a full ecosystem for managing video and video advertisements through its patented technology. Our goal is to change the video advertising landscape and have premium publishers, networks, and advertisers globally use our suite of products and enjoy an end-to-end solution. Our offering includes a reliable platform for video hosting and monetization (Adserver, Players, SDK, and Marketplace) which allows our partners to widen the reach of their services with versatile and customizable marketing tools that suit their business needs. For more info https://www.aniview.com/ | Aniview Updates CTV/OTT Capabilities, Empowering Publishers to Manage Video-ad Monetization The companys updated CTV/OTT capabilities extend machine learning-powered yield optimization to work with multiple demand formats |
DUBLIN--(BUSINESS WIRE)--The "3D Concrete Printing Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering. The future of the 3D concrete printing market looks promising with opportunities in the architectural, industrial, residential, and commercial industries. The major growth drivers for this market are potential for mass customization and new design patterns, reduction in health & safety risks, and increasing demand for new construction alternatives. The study includes the 3D concrete printing market size and forecast for the global 3D concrete printing market through 2024, segmented by application type, concrete type, end use, and region. Some of the 3D concrete printing companies profiled in this report include Winsun, XtreeE, Monolite, Apis Cor, CSP s.r.l. (Italy), CyBe Construction, Sika, Skanska, and Balfour Beatty. Some of the features of 'Global 3D Concrete Printing Market 2019-2024: Trends, Forecast, and Opportunity Analysis' include This report answers the following 11 key questions: Key Topics Covered: 1. Executive Summary 2. Market Background and Classifications 2.1: Introduction, Background, and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges 3. Market Trends and Forecast Analysis from 2013 to 2024 3.1: Macroeconomic Trends and Forecast 3.2: Global 3D Concrete Printing Market: Trends and Forecast 3.3: Global 3D Concrete Printing Market by Application Type 3.3.1: Walls 3.3.2: Floors 3.3.3: Roofs 3.3.4: Panels 3.3.5: Lintels 3.3.6: Others 3.4: Global 3D Concrete Printing Market by Concrete Type 3.4.1: Ready-Mix Concrete 3.4.2: Precast Concrete 3.4.3: Shotcrete 3.4.4: High-Density Concrete 3.4.5: Light-Weight Concrete 3.4.6: Others 3.5: Global 3D Concrete Printing Market by End Use 3.5.1: Residential 3.5.2: Commercial 3.5.3: Infrastructural 3.5.4: Architectural 3.5.5: Others 4. Market Trends and Forecast Analysis by Region 4.1: Global 3D Concrete Printing Market by Region 4.2: North American 3D Concrete Printing Market 4.2.1: Market by End Use: Architectural Construction, Industrial Construction, Domestic Construction, Residential, Commercial, and Others 4.3: European 3D Concrete Printing Market 4.3.1: Market by End Use: Architectural Construction, Industrial Construction, Domestic Construction, Residential, Commercial, and Others 4.4: APAC 3D Concrete Printing Market 4.4.1: Market by End Use: Architectural Construction, Industrial Construction, Domestic Construction, Residential, Commercial, and Others 4.5: ROW 3D Concrete Printing Market 4.5.1: Market by End Use: Architectural Construction, Industrial Construction, Domestic Construction, Residential, Commercial, and Others 5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter's Five Forces Analysis 6. Growth Opportunities and Strategic Analysis 6.1: Growth Opportunity Analysis 6.1.1: Growth Opportunities for Global 3D Concrete Printing Market by Application Type 6.1.2: Growth Opportunities for Global 3D Concrete Printing Market by Concrete type 6.1.3: Growth Opportunities for Global 3D Concrete Printing Market by End Use 6.1.4: Growth Opportunities for Global 3D Concrete Printing Market by Region 6.2: Emerging Trends in Global 3D Concrete Printing Market 6.3: Strategic Analysis 6.3.1: New Product Development 6.3.2: Capacity Expansion of Global 3D Concrete Printing Market 6.3.3: Mergers, Acquisitions and Joint Ventures in the Global 3D Concrete Printing Market 7. Company Profiles of Leading Players 7.1: Winsun 7.2: XtreeE 7.3: Monolite 7.4: Apis Cor 7.5: CSP s.r.l. (Italy) 7.6: CyBe Construction 7.7: Sika 7.8: Skanska 7.9: Balfour Beatty For more information about this report visit https://www.researchandmarkets.com/r/qc4y7a | Global 3D Concrete Printing Market Trends, Forecast and Competitive Analysis Report 2021 - ResearchAndMarkets.com |
FORT LAUDERDALE, Fla., Nov. 23, 2020 /PRNewswire/ -- RV Retailer, LLC announced the acquisition of Sierra RV based in the Salt Lake City market. Sierra RV will be RV Retailer's first location in the state of Utah and RV Retailer's 10th state of operation. Continue Reading (PRNewsfoto/RV Retailer, LLC) Jon Ferrando, Chief Executive Officer and President, stated, "We are excited to enter Utah and expand in the Western United States with the acquisition of Sierra RV. Sierra RV is in the highly attractive Salt Lake City market which is the fourth largest U.S. BTA for RV registrations this year. The Utah market has four times the average RVs owned per capita in the U.S. with excellent growth prospects for the future." Jon Ferrando added, "We will operate from a flagship 90,000 square foot RV dealership facility on 26 acres with a large sales showroom and retail parts and accessories store, along with an impressive 32-bay state-of-the art service facility.The store will be part ofWestern Region of RV Retailer stores under the leadership of Jim Humble, President of the Western Region." Jim Humble said, "We see excellent growth potential from this location across all aspects of the business, and look forward to adding new RV product lines as we build on the strong foundation set by the Jensen family from this great facility and location. I look forward to working with Jared Jensen who will continue to serve as GM of the store, and welcoming the 80-plus associates of Sierra RV to the RV Retailer family of stores."John Rizzo, EVP and CFO added, "The acquisition is expected to close on December 11. This store will be an excellent addition to the RV Retailer family of stores as our 36th location and 11th store added in 2020. We are proud to finish 2020 strong with tremendous growth accomplished in our less than three-year history as a company."Raul Rodriguez, SVP of Corporate Development who led the acquisition for RV Retailer said, "We are grateful that the Jensen family selected us to acquire Sierra RV. They have built an impressive business over many decades in the greater Salt Lake market." Located in Marriott-Slaterville on the west side of I-15 just northwest of Ogden, the recently acquired Sierra RV store offers a wide range of new and used trailers, motor homes, toy haulers, and fifth wheels from top brands such as Dutchmen, Forest River, Heartland, and Thor Motor Coach. First-time buyers and existing RVers alike can access expert sales associates and technicians, a full-service department with 32 bays, retail parts store and secure storage lot. To learn more about Sierra RV and RV Retailer, please visit: https://www.sierrarvsales.com/ orhttps://rvretailer.net/ About RV Retailer, LLCRV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus on providing an outstanding experience for recreational vehicle customers in new and used sales, service and parts, and customer financial services. RV Retailer has 36 RV stores in Arizona, Colorado, Florida, Iowa, Missouri, New York, North Carolina, South Carolina, Texas and Utah. Regional store brands include: RV One Superstores, Motor Home Specialist, ExploreUSA, Sonny's Camp-N-Travel, Cousins RV, Camper Clinic, Lifestyle RVs, and Tom's Camperland, which sell a wide range of new and used RV brands with thousands of RVs in inventory.RV Retailer is led by co-founders Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to over $20 billion in revenue. RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience.SOURCE RV Retailer, LLC | RV Retailer, LLC Expands into Utah with Acquisition of Sierra RV |
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (the Company) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the Issuer), intends to offer $1.050 billion aggregate principal amount of Senior Secured Notes due 2027 (the Notes), subject to market and other conditions (the Notes Offering). The Issuer intends to use the net proceeds of the Notes Offering to repurchase and/or redeem $1.0 billion (the Tender Cap) aggregate principal amount of its 6.250% Senior Secured Notes due 2023 (the 2023 Notes) and to pay related fees and expenses. In particular, the Issuer intends to use the net proceeds from the Notes Offering (i) to purchase the portion of the Issuers outstanding 2023 Notes that are validly tendered and accepted for purchase in the cash tender offer announced on December 11, 2020, and (ii) to the extent the aggregate principal amount of 2023 Notes validly tendered and accepted for purchase in the cash tender offer is less than the Tender Cap, redeem or repurchase (in one or more open market repurchases and/or privately negotiated transactions) an aggregate principal amount of 2023 Notes equal to the amount by which the Tender Cap exceeds the principal amount of 2023 Notes validly tendered and accepted for purchase in such tender offer. The Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. This notice is being issued pursuant to and in accordance with Rule 135(c) under the Securities Act. Forward-Looking Statements This press release may include information that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risk and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law. | Community Health Systems, Inc. Announces Offering of $1.050 Billion of Senior Secured Notes Due 2027 |
NEW YORK, June 25, 2020 /PRNewswire/ -- This year, the ASCAP Screen Music Awards took to the screen itself to honor 2020's winning music creators. The ASCAP composers who brought everyone's favorite onscreen entertainment to life in the past year by sweeping audiences away to other worlds, times and places,were celebrated virtually on ASCAP's Facebook, Twitter, and Instagram (@ASCAP, @ASCAPScreen) with the hashtag #ASCAPAwards. Winning composers gave personal acceptance speeches from their home studios, some with creatively staged video segments, and celebrity friends chimed in with special congratulatory messages. A complete list of winners can be found on the ASCAP website: www.ascap.com/screenawards20. On Thursday, June 25, as part of its free, ongoing, weekly virtual conference for music creators, ASCAP Experience: Home Edition, ASCAP also hosted conversations featuring three of its top 2020 Screen Music Awards winners: Michael Abels, Siddhartha Khosla and Hans Zimmer. Highlights from both events included: Top Box Office Film The Lion King winner Hans Zimmer in conversation with Mitchell Leib, President of Music and Soundtracks for The Walt Disney Studios: "Music was a real refuge for me my dad died when I was six years old. Lion King is my way of saying goodbye to my dad." The session is available on demand with free registration at ASCAP Experience: Home Edition. In conversation for ASCAP Experience: Home Edition, composer Siddhartha Khosla, who won the ASCAP Screen Award for Top Network Television Series for This is Us, told actor/musician Chris Sullivan, who plays Toby on the show: "If I had known it would take me years of little failures I could have easily stopped at any of those points, but I kept going. The main thing I would say I wish I knew early -- do what you can to find your own voice." The conversation is at ASCAP Experience: Home Edition. Composer Michael Abels, a Top Box Office Film winner for Us, spoke with Starr Parodi, President of the Alliance for Women Film Composers about championing diversity and fairness for Film/TV composers for ASCAP Experience: Home Edition: "People will say it's a pipeline problem. They want to be diverse but they just don't know anyone... So we decided to fix the doorbell. We now have the Composers Diversity Collective website." ASCAP Chairman of the Board and President Paul Williams introduced this year's virtual Screen Music Awards celebration, remarking, "Our beautiful family of ASCAP composers and songwriters wrote the underscore to our lives in 2019. You heightened the drama of our favorite TV shows, intensified the action of the biggest blockbuster films and found new ways of bringing characters and ideas to life on screen." LINK A message of "resilience patience and passion. Never lose your passion, it is contagious," from winner Pinar Toprak. The Captain Marvel composer shared an inside look at where the magic happens her studio. LINK In an ASCAP Facebook post, Dave Jordan, Music Supervisor for Marvel Cinematic Universe, shared a special message to Pinar thanking her "for an unbelievable contribution to our shared Marvel Universe, and for being the first female composer in the history of cinema to have scored a movie that has gone on to make over a billion dollars. It's pretty unbelievable." LINK David Vanacore, the top winner for Most Performed Themes & Underscore for Live PD and Survivor shared, "After 40 seasons of Survivor it's truly unbelievable. I'm incredibly grateful and thankful." LINK He received a heartfelt message from show host Jeff Probst: "You have given Survivor a signature sound. People know when Survivor is on from the music, that is you. I love working with you. I love learning from you, and I love that we are truly buddies in life." LINK Performing on the keyboard, friend Howie Mandel also sent kudos: "Just wanting to congratulate you on this prestigious award. You add so much to every production." LINK "This award means so much to me Some 25 years ago I started working with Tyler Perry. I've been on this journey with him since then, providing music for many of your favorite TV shows, films and theater." Elvin Ross, ASCAP Screen Music Award-winning composer for The Have and the Have Nots, who also takes his award on a tour of New Orleans. LINK An important message from Nathan Matthew David as part of his acceptance for the music to Surviving R. Kelly: "We need more voices of color, not just in front of the camera, but behind the camera as well." He goes on to dedicate the award to his parents who came to the U.S. from the Philippines "with nothing in their pockets but dreams." LINK Top Cable Television Series winning composer Ruth Barrett shares a glass of champagne as she accepts her award for PBS's Victoria. LINK This year's ASCAP Screen Composers' Choice Award - TV Composer of the Year goes to Bear McCreary! His TV work for 2019 included greats like The Walking Dead, Outlander, Agents of S.H.I.E.L.D., Apple TV+'s See and Fox's Proven Innocent. "I'm kind of at a loss for words," says McCreary. LINK With over 60 scores to his name, from the Bourne trilogy to Shrek, 2018 ASCAP Henry Mancini Award winner John Powell takes home the ASCAP Screen Composer's Choice: 2019 Film Score of the Year for his work on How To Train Your Dragon: Hidden World. Powell shares his message "from somewhere in California." LINK A two-time Game Audio Network Guild Award winner, ASCAP composer Gordy Haab thanked his peers for the Composer's Choice: Video Game Score of the Year Award for Star Wars: Jedi Fallen Order, calling it "by far one of the most coveted awards in the composing business." LINK A thoughtful and informative acceptance speech by Joel Beckerman, ASCAP board member and a winner for Most Performed Themes & Underscore. "This is a really tough time for all of us. Especially for young, upcoming composers. And for those who may not know what choices you have in terms of getting paid, what it takes to get royalty stream and actually build a career. Go to yourmusicyourfuture.com to learn more." LINK An iMovie from ASCAP award-winning composer Didier Lean Rachou, who takes a trip down memory lane sharing moments from past ASCAP Screen Music Awards and celebrates his Most Performed Themes & Underscore win. LINK Earnest words from ASCAP Award-winning composer Matt Bowen, for The Bachelor and The Bachelorette: "I am beyond humbled to be included with the award winners... I'd also like to acknowledge the growing Black Lives Matter movement... I just want to encourage everyone to continue learning, continue pushing and continuing fighting until we have some semblance of equality." LINK Michael Giacchino, a winner for Most Performed Themes & Underscore, shared some advice for the quarantined: "Everyone's at home. Make something. In fact, if you don't come out of this time period having made something, I'm going to come after you. I'm going to be really, really upset. So, make something. Put it out there. Be great. You're all so talented. Let's see it happen." LINK An unboxing acceptance video from Most Performed Themes & Underscore winner Jared Gutstadt, (Ellen's Game of Games) from "the mean streets of Brentwood" who cheekily declares that "2020 is the best year ever and will be forever be remembered for this singular award and nothing else" LINK; and special congrats to Gudstadt from songwriter/producer Poo Bear and from Hollywood movie star and podcaster pioneer, Dennis Quaid: "I'm looking forward to making a lot of great music with you" LINK A bilingual video clip from Alberto Slezynger's for winning for La Reina Del Sur. "This is my third or fourth ASCAP Screen Music Award, and every time I receive it, it makes my heart sing. For all of you who are beginning, the dreams can come true." LINK "Making music right now is hard, especially emotionally authentic music, because everyone is experiencing trauma on some level" Jeff Ball, ASCAP Screen Music Awards winning composer for Steven Universe, in his acceptance video. LINK Matthew Margeson's words on receiving his ASCAP Screen Music Award for blockbuster film Rocket Man. "ASCAP's been a huge part of my career for the past 10 to 15 years. I did the 2007 ASCAP Film Composers Workshop, and you've been with me every step of the way since then." LINK Lorne Balfe's video acceptance saw him in proper celebratory form adorned with balloons, a garland around his neck and a glass of champagne for Top Box Office for the motion picture Gemini Man, with help from his son. LINK ASCAP board member and 2020 Screen Music Award-winner for The Connors Dan Foliart: "I could not be happier to be a part of this wonderful community. Every moment that you bring with your music to the project enriches all of our lives." LINK ASCAP board member Bruce Broughton, winning for The Orville, gives"a friendly shout-out to my pal John Debney, who, like me, the most surprised of the bunch, is picking up his award for his work on The Orville. A special shout-out to our producer Seth MacFarlane, who prefers to record these episodes weekly with as many as 70, 80, and occasionally more than 90 musicians." LINK MacFarlane tweeted congrats to both composers to his 1.4 million followers: LINK About ASCAPThe American Society of Composers, Authors and Publishers (ASCAP) is a professional membership organization of songwriters, composers and music publishers of every kind of music. ASCAP's mission is to license and promote the music of its members and foreign affiliates, obtain fair compensation for the public performance of their works and to distribute the royalties that it collects based upon those performances. ASCAP members write the world's best-loved music and ASCAP has pioneered the efficient licensing of that music to hundreds of thousands of enterprises who use it to add value to their business - from bars, restaurants and retail, to radio, TV and cable, to Internet, mobile services and more. The ASCAP license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. With more than 750,000 members representing more than 11.5 million copyrighted works, ASCAP is the worldwide leader in performance royalties, service and advocacy for songwriters and composers, and the only American performing rights organization (PRO) owned and governed by its writer and publisher members. Learn more and stay in touch at www.ascap.com, on Twitterand Instagram@ASCAP and on Facebook. SOURCE ASCAP Related Links http://www.ascap.com | ASCAP 2020 Screen Music Awards Receive Standing Ovation On All Social Platforms During Three-day Virtual Celebration June 23-25 Film and TV Composers Ruth Barrett, Siddhartha Khosla, David Vanacore and Hans Zimmer Receive Top Honors; ASCAP Composers' Choice Winners are John Powell (Film Score of the Year), Bear McCreary (TV Composer of the Year) and Gordy Haab (Video Game Score of the Year) |
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global intrinsic safety modules market size and it is poised to grow by USD 43.77 million during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts Frequently Asked Questions: The market is concentrated, and the degree of concentration will accelerate during the forecast period. ABB Ltd., Eaton Corporation Plc, Extronics Ltd., Omega Engineering Inc., PCB Piezotronics Inc., Pepperl+Fuchs AG, Rockwell Automation Inc., Rotork Plc, Schneider Electric SE, and Siemens AG are some of the major market participants. The easy installation of intrinsic safety modules will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Intrinsic Safety Modules Market 2020-2024: Segmentation Intrinsic Safety Modules Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43085 Intrinsic Safety Modules Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The intrinsic safety modules market report covers the following areas: This study identifies the increase in adoption of automation across industries as one of the prime reasons driving the intrinsic safety modules market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Intrinsic Safety Modules Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by End-user Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. | Global Intrinsic Safety Modules Market Analysis Highlights theImpact of COVID-19 2020-2024 | Easy Installation of Intrinsic Safety Modules to Boost Market Growth | Technavio |
DUBLIN--(BUSINESS WIRE)--The "Global Alcoholic Beverages Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering. The Global Alcoholic Beverages market is expected to reach $1932.79 billion by 2026 growing at a CAGR of 3.5% during 2018 to 2026. Alcoholic beverage is a drink has ethanol, usually familiar as alcohol. Alcoholic beverages are devouring across the globe. The benefits of devouring alcohol in limited amounts reduce in threat of cardiovascular disease, avoidance of cold, whereas having red wine reduces the danger of heart diseases and burns fat. They are fermented from the sugars in grains, berries, fruits, and such extra components as tubers, plant saps, milk, and honey. Factors such as increasing demand for quality alcoholic beverages and boost in disposable profits of customers are driving the market growth. Though, huge price of premium products is restraining the market. Advance tools for alcohol product protection and ready-to-mix hybrid beverages are the opportunities for the Alcoholic Beverage market. Based on product, beer segment is anticipated to grow at the significant rate during the forecast period, due to escalating demand for craft beer. Beer is the majority obsessive alcoholic drink across the world and contains around of alcohol. Companies Mentioned Key Questions Answered in this Report: Key Topics Covered: 1 Market Synopsis 2 Research Outline 3 Market Dynamics 3.1 Drivers 3.2 Restraints 4 Market Environment 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry 5 Global Alcoholic Beverages Market, By Product 5.1 Introduction 5.2 Beer 5.3 Distilled Spirits 5.4 Liquors 5.5 Wine 6 Global Alcoholic Beverages Market, By Alcoholic Content 6.1 Introduction 6.2 High 6.3 Medium 6.4 Low 7 Global Alcoholic Beverages Market, By Flavour 7.1 Introduction 7.2 Unflavoured 7.3 Flavoured 8 Global Alcoholic Beverages Market, By Packaging 8.1 Introduction 8.2 Glass Bottles 8.3 Plastic Bottles 8.4 Tins 9 Global Alcoholic Beverages Market, By Distribution Channels 9.1 Introduction 9.2 On Trade 9.3 Off Trade 10 Global Alcoholic Beverages Market, By Sales Channel 10.1 Introduction 10.2 Online Retailers 10.3 Convenience Stores Ceiling & Wall Lights 10.4 Specialty Stores Floor Path Lighting Strip 10.5 Modern Trade Lavatory Lights 10.6 Hotel/Restaurants/Bar 10.7 Commercial 11 Global Alcoholic Beverages Market, By Geography 11.1 Introduction 11.2 North America 11.3 Europe 11.4 Asia Pacific 11.5 South America 11.6 Middle East & Africa 12 Strategic Benchmarking 13 Vendors Landscape For more information about this report visit https://www.researchandmarkets.com/r/he661f | Worldwide Industry for Alcoholic Beverages to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com |
NEW YORK, Nov. 25, 2020 /PRNewswire/ -- HVAC Market Research Report: By Offering (Equipment, Services), End User (Commercial, Industrial, Residential) - Global Industry Analysis and Growth Forecast to 2030Read the full report: https://www.reportlinker.com/p05987949/?utm_source=PRN With the increasing average temperature across the globe, the sales of heating, ventilation, and air conditioning (HVAC) systems are rising sharply. After all, it's quite difficult to get through a hot summer day nowadays without air-conditioners and other cooling systems. Moreover, with the rising urbanization in several countries, the demand for proper heating and ventilation equipment, especially among people living in apartment buildings, is growing rapidly. The thriving construction sector is another major factor fueling the sales of HVAC systems.As per a report produced by PricewaterhouseCoopers (PwC), the total spending on infrastructural development and construction projects across the globe will rise to $15.5 trillion by 2030. Countries such as the U.S., China, the U.A.E., Qatar, and Saudi Arabia are witnessing soaring construction activities such as those pertaining to the building of shopping complexes, hotels, and skyscrapers, primarily because of upcoming events such as the FIFA World Cup 2022 and the Dubai Expo 2020 (which has been postponed till 2021).The flourishing tourism industry is another reason behind the huge investments being made in the development of five-star hotels and luxury resorts and amusement parks in these countries. These structures and facilities, once completed, would require HVAC equipment and maintenance services, which would, in turn, propel the demand for HVAC systems and services in the future years. Furthermore, the governments of many countries are making huge investments in the replacement of old HVAC systems with new energy-efficient ones.For example, the Ministry of Power in India started an initiative called 'Eco-Niwas Samhita 2018', which is an Energy Conservation Building Code for Residential Buildings (ECBC-R), in December 2018. The code applies to mixed-land-use buildings and residential structures built on an area of land equal to or greater than 500 square meters (?500 m2) and comprises minimum performance standards that limit the heat gain and loss. This initiative massively boosted the requirement for HVAC systems and services in the country.Hence, with the growing usage of HVAC systems in industrial, residential, and commercial settings, the global HVAC market would exhibit huge expansion in the coming years. As a result, the value of the market would rise from $240.8 billion to $358.1 billion from 2019 to 2030. Furthermore, as per the estimates of P&S Intelligence, a market research firm based in India, the market would progress at a CAGR of 4.8% between 2020 and 2030.Industrial, commercial, and residential buildings are the main end users of HVAC systems. Out of these, the utilization of HVAC systems is currently being observed to be the highest in the commercial buildings across the world. This is because of the increasing usage of these equipment in offices, commercial buildings, and hotels. Moreover, the increasing construction of hotels, on account of the thriving hospitality sector, is also positively impacting the sales of HVAC systems around the world.Globally, the Asia-Pacific (APAC) HVAC market is predicted to exhibit the highest growth rate in the coming years. This would be a result of the rapid economic progress of various regional countries, ballooning infrastructural development and construction activities, and growing urban population in the region. In addition to this, the rising disposable income and purchasing power of people in countries such as China and India is pushing up the sales of HVAC equipment in the region.Hence, it is safe to say that the demand for HVAC systems and services would surge all over the world in the future years, mainly on account of the increasing construction activities, thriving tourism and hospitality industry, and the rising implementation of government programs in several countries for promoting the usage of HVAC equipment, especially in residential and commercial buildings.Read the full report: https://www.reportlinker.com/p05987949/?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 | The market would progress at a CAGR of 4.8% between 2020 and 2030 |
PHILADELPHIA, Dec. 22, 2020 /PRNewswire/ --WESCORP (White Engineering Surfaces Corporation), a World-Class Supplier of Thermal Spray Coatings, Precision Machining and Precision Finishing in critical industries such as Aerospace and Defense, Energy, Electronics, Automotive, and Healthcare, has unveiled the news today of its newly launched website atwww.Wescorp.us. Continue Reading Wescorp (White Engineering Surfaces Corporation) New Logo WESCORP's newly launched website is innovative and responsive. The new site features an intuitive solution-based approach, reflective of the spirited innovation and expanded capabilities that WESCORP offers critical manufacturers in need of high-performance components. Ms. Colby Nyland-Elliott,Wescorp's Vice President, stated, "Our new website reflects our strategic corporate expansion through new branding, new logo, corporate identity, and tagline - 'Mission-GradeCoatings.' We've worked in partnership with our trusted creative agency partner, theBorenstein Group,a top B2B technology marketing agency, tousher in a new brand that reflects who we are as a trusted leader in thethermal coatings industry." WESCORP is a proud Made in America, third-generation, Woman-Owned and Operated Family Business. It offers industrial customers a single-source solution with precision machining, precision finishing, and thermal spray coating (HVOF, Plasma, and Wire Arc) capabilities all under one roof in their 40,000 sq. ft. building. A comprehensive Single Source Solution enables WESCORP to bring complete quality control and efficiency to any product line.To learn more about Wescorp's offerings, please visit their website at www.Wescorp.us.For more information, contact Mr. Gal Borenstein, Borenstein Group703-385-8178x70[emailprotected]SOURCE WESCORP (White Engineering Surfaces Corporation) Related Links http://www.Wescorp.us | WESCORP Unveils Next Generation of Mission-Grade Industrial Surface Coatings with New Digital Branding |
BARDSTOWN, Ky., March 26, 2020 /PRNewswire/ -- The Bardstown Bourbon Company, 1500 Parkway Drive, is excited to launch an online search for the "World's Top Whiskey Taster," presented by Moonshine University. The contest calls on whiskey lovers, enthusiasts, fans and connoisseurs to compete for a grand prize of $20,000, a scholarship to Moonshine University's Executive Bourbon Steward program, and the opportunity to represent Bardstown Bourbon Company as a Distillery Ambassador at some of the world's most preeminent whiskey festivals in 2021. Bardstown Bourbon Company National Brand Ambassadors Brandon Habenstein and Sam Montgomery The competition consists of three phases, starting with an invitation to submit an audition video showcasing the contestants' passion for all things bourbon: PHASE 1 Video Submissions:Submit a 1-minute video to YouTube, Instagram or Facebook and be sure to tag #WorldsTopWhiskeyTaster. Share your submission URL and contact information to BardstownBourbon.com/WTWT. Videos should showcase your passion for bourbon, interest in an ambassadorship and palate prowess. Online video submissions are now being accepted and will be open through June 15, 2020. PHASE 2 Regional Qualifiers:Bardstown Bourbon Company and Moonshine University will select up to 10 submissions per market to compete in live sensory challenges at some of the nation's most prominent bourbon bars. Regional qualifiers will be held in Louisville, Kentucky; Nashville, Tennessee; Indianapolis, Indiana; Chicago, Illinois; San Francisco, California; Miami, Florida; Denver, Colorado; Las Vegas, Nevada; Washington, D.C.; and Dallas, Texas. A complete list of these events will be announced at a future date.PHASE 3 National Finals:One winner from each qualifier will be invited to compete for the top prize and title of "World's Top Whiskey Taster." The final event will take place this fall at Bardstown Bourbon Company in the Bourbon Capital of the world."Entrants are encouraged to be creative and have fun," said Bardstown Bourbon Company Vice President of Sales & Marketing Herb Heneman. "Tell us what makes your palate as good as it is. Show us things like your favorite bourbon cocktail, your most impressive or underrated pairing, or pick the most amazing bottle in your stash and geek out on it. But most of all, tell us what representing Bardstown Bourbon Company as a Distillery Ambassador would mean to you." Phase 2 contestants will be selected in June and invited to compete in regional competitions featuring bourbon sensory and tasting challenges, such asidentifying a bourbon's producer, age, mash-bill and proof, among others. Each contest will be hosted by prominent distillers, journalists and experts from Moonshine University, the creators and curators of the Stave & Thief Society's Executive Bourbon Steward training program in Louisville, Kentucky."The challenges contestants will face at these live events will truly put their sensory expertise to the test," said Moonshine University's Director of Spirits Education Colin Blake. "Where many other competitions have showcased mixology skills, this contest is to my knowledge the first to put contestants' palates to work. The 'World's Top Whiskey Taster' challenge will ask bourbon lovers to apply much of what we teach in our Executive Bourbon Steward training to practice."The winner from each regional event will then travel to Bardstown Bourbon Company during Bourbon Heritage month in September to compete for the national title.By the end of the competition, one champion will be crowned and awarded a cash prize of $20,000 with a contract to represent Bardstown Bourbon Company as a Distillery Ambassador at some of the country's top whiskey festivals in 2021, including WhiskyFest and Whiskies of the World. The winner will also receive a scholarship to Moonshine University's Executive Bourbon Steward certification program, and a trip to Bardstown, Kentucky, where they'll blend a custom product with Bourbon Hall of Famer and Bardstown Bourbon Company Master Distiller Steve Nally."We're looking for people who are all about exploring and sharing their bourbon experience," said Bardstown Bourbon Company National Brand Ambassador Sam Montgomery. "We invite social media bourbon evangelists who are actively snapping and sharing photos of pours and pairings, as well as travelers and bourbon explorers who love to share their tales."Candidates must be at least 21 years old to enter. The winner will be considered an independent contractor of Bardstown Bourbon Company. This prize does not constitute an offer for employment.For full contest rules, terms and conditions, please visit:BardstownBourbon.com/WTWT/RULESTo upload an audition video or for more information, please visit:BardstownBourbon.com/WTWTClick here for a high-resolution photo.About Bardstown Bourbon Company:Located in the heart of Bourbon Country on 100 acres of active farmland, Bardstown Bourbon Company is one of the country's most modern and technically advanced whiskey distilleries. Celebrating the art of making high-quality and authentic whiskey, the innovative distillery produces custom rye, whiskey, and bourbon for prominent brands including Jefferson's, High West, Belle Meade, Hirsch, and many others through its one-of-a-kind Collaborative Distilling Program. Bardstown Bourbon Company honors tradition and drives innovation with its exceptional destination experience for visitors, offering the only full-service restaurant located within a distillery on the Kentucky Bourbon Trail, The Kitchen and Bar at Bardstown Bourbon Company. The company was founded in 2014 byPeter Loftin. For more information, please visitbardstownbourbon.comor follow us onFacebookandInstagram.About Moonshine University:Founded by David Dafoe in 2012,Moonshine University is thenation's premier educational distilleryand the exclusive educational member of the Kentucky Distillers' Association. Located in the heart of bourbon country, Moonshine Universityoffers comprehensive, hands-on spirits education courses and services to entrepreneurs and professionals from around the world. As of 2019, graduates of this coursehave gone on to successfully launch 165 distilleriesworldwideand counting.Moonshine University also houses the Stave & Thief Society, acomprehensive,hands-onbourbon certification program established to promote Kentucky's distinguished bourbon culture. For more information, please visitmoonshineuniversity.comandstaveandthief.com.SOURCE Bardstown Bourbon Company Related Links http://www.bardstownbourbon.com | Bardstown Bourbon Company and Moonshine University search for 'World's Top Whiskey Taster' Executive Bourbon Steward scholarship, $20,000 cash prize and Distillery Ambassador contract up for grabs |
PUNE, India, April 17, 2020 /PRNewswire/ -- The term video conferencing simply means the visual interconnection of people who are present in diverse locations through the medium of the internet. Video conferencing tools are being widely used across various industries to promote team collaboration. Global companies that employ a remote working team deploy video conferencing tools such as Skype for Business and Zoom for online interviews. Due to the widespread promotion of remote working culture, the prominence of these tools is ever increasing. Almost 75% of users believe that the tools help in improving workplace productivity in an organization. With video classrooms now being able to provide large participation among students, the importance of video conferencing tools in the education industry can't be stressed enough. ezTalks, for instance, provides an inter-school video collaboration platform that enables the students to record the sessions for future review. As far as large organizations are concerned, highly secure video conferencing tools are now being provided by companies such as Cisco. Cisco WebEx, for instance, has embedded AI technology which enables you to take down notes using voice commands. The meetings and transcripts can even be edited and shared with ease. With the penetration of the internet, coupled with the advancement in the cloud and AI technology, the global video conferencing market is expected to see considerable growth in the future. Request for Sample Copy of This [emailprotected] https://www.absolutemarketsinsights.com/request_sample.php?id=541 With the COVID-19 crisis affecting many global markets, a question does arise. Which market seems to be favourable for future investment? The global video conferencing market is, without a doubt, one of those. More than 1/5th of the global population is being forced to stay indoors to mitigate the impact of the virus. Video conference service providers are seeing higher traffic during these times of peril. Microsoft Teams, for instance, reported over 44 million active users each day, in March 2020. This is in comparison to less than 25 million users in November 2019. Zoom has seen a 67% rise in its daily traffic since Jan 2020. The global video conferencing market is also seeing a growing number of new entrants who are hoping to take a piece of the revenue which is currently dominated by major companies such as Zoom, Microsoft and Cisco, which in turn is further aiding for the growth of the market. Enquiry Before Buying @ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=541 The detailed research study provides qualitative and quantitative analysis of video conferencing market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Key Findings of the Report: On the basis of offering, the solutions segment is expected to show the maximum growth, due to the increasing demand for cloud-based solutions that promote video conferencing Large organizations held the larger share of the market revenue in 2018, mainly because of the presence of a higher number of remote working teams that require customized video conferencing solutions. As far as geography is concerned, the APAC region is expected to show the highest growth during the forecast years. The increasing focus on SMEs and startups in this region by the government bodies is a major reason for this. Some of the players operating in the video conferencing market are Adobe, Blue Jeans Network, Inc., Cisco Systems, Inc., Clickmeeting, Dialpad,Inc. , ezTalks , Facebook , Google Inc., Huawei Technologies Co., Ltd. , IBM Corporation, Intermedia.net, Inc., Livestorm SAS, LogMeIn, Inc. , Microsoft, Mitel Networks Corp. , ReadyTalk, Slack Technologies, Inc., StarLeaf, TeamViewer Group, Tencent Meeting and Zoom Video Communications, Inc., amongst others. Request for [emailprotected] https://www.absolutemarketsinsights.com/request_for_customization.php?id=541 Video Conferencing Market: By Offering Solutions Cloud On Premise Services By Organization Size Small and Medium Enterprises Large Enterprises By End-User Education Non-Profit Healthcare Retail/Consumer Product Media and Entertainment Government Banking, Financial Services and Insurance (BFSI) Information Technology and Telecommunication Manufacturing Others By Platform Web-based App-based By Pricing Model Freemium Subscription By Geography North America U.S Canada Mexico Rest of North America Europe France The UK Spain Germany Italy Nordic Countries Denmark Finland Iceland Sweden Norway Benelux Union Belgium The Netherlands Luxembourg Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Southeast Asia Indonesia Thailand Malaysia Singapore Rest of Southeast Asia Rest of Asia Pacific Middle East and Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of Middle East & Africa Latin America Brazil Argentina Rest of Latin America Get Full Information of this premium [emailprotected] https://www.absolutemarketsinsights.com/reports/Video-Conferencing-Market-2019-2027-541 About Us: Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios. Contact Us: Company:Absolute Markets InsightsEmail id:[emailprotected]Phone:+91-740-024-2424Contact Name:Shreyas TannaThe Work Lab, Model Colony, Shivajinagar, Pune, MH, 411016Website:https://www.absolutemarketsinsights.com/ SOURCE Absolute Markets Insights | Video Conferencing Market was Estimated to be US$ 6778.21 Mn in 2018 and is Expected to Grow at a CAGR of 10.35% Over the Forecast Period, Owing to Increasing Demand for Collaborative Tools for Remote Working; Says Absolute Markets Insights English English Some of the players operating in the video conferencing market are Adobe, Blue Jeans Network, Inc., Cisco Systems, Inc., Clickmeeting, Dialpad,Inc., ezTalks, Facebook, Google Inc., Huawei Technologies Co. |
BUSAN, South Korea, March 18, 2021 /PRNewswire/ --As the world is on the brink of exhausting its fossil fuel resources, researchers globally are investing tremendous efforts to look for effective "clean" sources of energy. One viable option is hydrogen (H2), a highly efficient fuel that can be produced from biomass-based substrates like wastewater. One way to generate H2 is using microbial electrolysis cells (MECs), in which electrochemically active microorganisms catalyze the oxidation of organic compounds to produce H2. In this process, charged particles called "protons" and "electrons" react with each other in the cathode chamber of an MEC, generating highly purified H2. A proton exchange membrane (PEM) facilitating the proton-electron reaction is, thus, a central player in the functioning of the cell. But often, the proton transportation ability of PEMs is impeded due to the accumulation of organic matter on its surfacea process called "biofouling." This, unfortunately, limits the efficiency and longevity of MECs. Therefore, to leverage the full potential of MECs, it is crucial to use find ways to mitigate biofouling-related blockage in PEMs. Continue Reading Scientists develop a modified proton exchange membrane that improves the production of highly pure hydrogen In a study published in International Journal of Hydrogen Energy, scientists at National Korea Maritime & Ocean University, led by Dr Kyu-Jung Chae, designed an anti-biofouling PEM (and a 2D nanomaterial-based PEM). Dr Chae says, "If high-performance 2D nanomaterial-based membranes with robust anti-biofouling properties are commercialized, H2 production can become easier and more cost-effective." To develop such a membrane, the scientists focused on silver nanoparticles (AgNP), which are known for their anti-fouling properties. But, using AgNP renders the membrane a hydrophobic nature. Moreover, immobilizing AgNP onto the membrane is a complex process. To overcome these challenges, the scientists decided to use another coating agent called "polydopamine" (PDA), with anti-biofouling and hydrophilic properties, to make AgNP immobilization easier. The modified membrane showed significantly higher anti-biofouling property than the non-modified ones or those single-coated with either AgNP or PDA. They also observed that best result was obtained when PDA was applied before AgNP coating. Moreover, when equipped with this 2D nanomaterial-based PEM, the MEC showed high H2 recovery performance, even after 6 months of operation. Prof Chae and his team have further elaborated the potential applications of 2D material-based membranes for H2 purification in another study published in the same journal. Discussing the impact of their study, Dr Chae seems enthusiastic, "By leveraging the durability of the high-performance membranes that adopt different nanomaterial-based augmentation, it is possible to develop highly efficient MECs producing H2 from biomass. Commercializing such cost-effective MECs will help to realize the global dream of a society that thrives on sustainability." This study is, indeed, a big win for the environmenttaking us closer to a sustainable future. Reference Title of original paper: 1. Long-term effects of anti-biofouling proton exchange membrane using silver nanoparticles and polydopamine on the performance of microbial electrolysis cells 2. 2D materials-based membranes for hydrogen purification: Current status and future prospects Journal: International Journal of Hydrogen Energy DOI: https://doi.org/10.1016/j.ijhydene.2020.04.059 *Corresponding author's email: [emailprotected] About National Korea Maritime & Ocean UniversityWebsite:http://www.kmou.ac.kr/english/main.doAbout the authorDr Kyu-Jung Chae is an Associate Professor of Environmental Engineering at Korea Maritime and Ocean University (KMOU). Before joining KMOU, he completed his PhD in environmental engineering from Gwangju Institute of Science and Technology (GIST), South Korea. Media Contact: Sun Young Yoo+82 51 410 5442 [emailprotected]SOURCE National Korea Maritime & Ocean University | A Silver Lining in the Hunt for Green Energy: Making Hydrogen Production Easier Scientists at National Korea Maritime & Ocean University develop a modified proton exchange membrane that improves the production of highly pure hydrogen |
CARSON CITY, Nev., May 4, 2020 /PRNewswire/ -- Nevada's top two youth volunteers of 2020, Irene Yoo, 15 and Abigail Panariso, 13, both of Las Vegas, were recognized this weekend for their outstanding volunteer service during the 25th annual, and first-ever virtual, Prudential Spirit of Community Awards national recognition celebration. Irene Yoo (PRNewsfoto/Prudential Financial, Inc.) Abigail Panariso (PRNewsfoto/Prudential Financial, Inc.) In recognition of the spirit of service that they have demonstrated in their communities, Irene and Abigail along with 100 other top youth volunteers from across the country were also each given $2,500 to donate toward the local COVID-19 response efforts of a nonprofit organization of their choice. These funds come in addition to the $1,000 scholarship and engraved silver medallion they earned as Nevada's top youth volunteers of 2020. The Prudential Spirit of Community Awards program, sponsored by Prudential Financial in partnership with the National Association of Secondary School Principals (NASSP), named Irene and Abigail Nevada's top high school and middle level youth volunteers in February. "Over the past 25 years, this program has honored students spanning three generations, and the common thread between them has been the determination of young people to respond to the challenges of the moment," said Charles Lowrey, chairman and CEO of Prudential Financial. "Who better than this group of young leaders from all over the country to help identify and direct resources to community needs arising from COVID-19?"As State Honorees, Irene and Abigail also earned an all-expense-paid trip to Washington, D.C. for the program's annual national recognition events; the trip, however, was canceled due to COVID-19 and changed to a three-day online celebration this past weekend. In addition to remarks and congratulations from actress Kristen Bell, honorees had opportunities to connect with each other through online project-sharing sessions, learn about service and advocacy from accomplished past Spirit of Community honorees, hear congratulatory remarks from Lowrey and NASSP Executive Director and CEO JoAnn Bartoletti, and more."We admire these young leaders for their ability to assess the needs of the communities they serve and find meaningful ways to address them," said Bartoletti. "At a time when everyone is looking for optimism, these students are a bright light for their peers and the adults in their lives."About the HonoreesIrene (pictured left), a sophomore at Ed W. Clark High School, formed a youth orchestra in the winter of 2019 that conducts recitals at senior care facilities and children's hospitals in her community. Irene began playing the viola when she was 11 years old and has since performed in several youth orchestras, including the Korean Youth Orchestra, which sometimes held concerts at senior centers. "Our audience always loved our music, and after each performance we spent time chatting with the seniors," said Irene. She really enjoyed interacting with older people, she said, but the problem was that many of her musician friends weren't Korean, so they weren't eligible to join. Irene envisioned a group of young musicians coming together based on ability and the love of music, without regard to nationality. So she founded a youth group she called "Las Vegas Arts, Music & Education." Irene began by recruiting members by distributing fliers to young orchestra players and posting ads on Facebook and other social media sites. She asked her school piano teacher to serve as conductor, found inexpensive space for rehearsals, and contacted several senior care centers to see if they wanted an orchestra to perform at their facilities. Her group now plays at both senior centers and children's hospitals, usually playing six pieces in a 40-minute concert. To cover her orchestra's expenses, Irene organized a "slime" festival and conducts classes to teach others how to make the gooey, sticky substance that kids love to mold and stretch (her Instagram page on slime has more than 180,000 followers). "I know our performances make a difference in the lives of patients in children's hospitals and senior centers," said Irene. "We bring happiness to many, and get so much in return."Abigail (pictured right), a member of Girl Scouts of Southern Nevada and an eighth-grader at Thurman White Middle School, donated more than $1,300 last year to buy eight new wheelchairs for veterans traveling on free "honor flights" to Washington, D.C., organized a letter-writing campaign that produced more than 500 letters thanking them for their service, and recruited hundreds of people to welcome them back home after their trip. When Abigail's grandfather returned home from serving in Vietnam, he did not receive the warm welcome that greeted previous generations of soldiers. "It was the opposite," said Abigail. "This inspired me and I knew I had to do something to show our veterans how we haven't forgotten and that they are very much respected and appreciated." As a volunteer for Honor Flight of Southern Nevada for four years, Abigail had noticed how the wheelchairs used for transporting elderly veterans in the nation's capital were breaking and were very heavy. So with $1,250 she had earned from selling Girl Scout cookies, along with donations from friends, she purchased eight lightweight all-terrain wheelchairs. Then she asked teachers at her school for help in getting students to write appreciation letters for the veterans. The most difficult part of her project, Abigail said, was rounding up people to be at the airport when the veterans' plane landed. Swallowing her fear of public speaking, she made appeals at her school and church, at Boy and Girl Scout gatherings, and at a local congresswoman's town hall meeting. When the day of the return flight arrived, the veterans disembarked to the cheers and applause of hundreds.About The Prudential Spirit of Community AwardsThe Prudential Spirit of Community Awards program was created in 1995 to identify and recognize young people for outstanding volunteer service and, in so doing, inspire others to volunteer, too. In the past 25 years, the program has honored more than 130,000 young volunteers at the local, state and national level. For more information about The Prudential Spirit of Community Awards and this year's honorees, visit http://spirit.prudential.com. For more information about the National Association of Secondary School Principals, visit www.nassp.org. For more information about Prudential Financial, visit www.news.prudential.com.Learn more at spirit.prudential.com SOURCE Prudential Financial, Inc. Related Links http://www.prudential.com | Nevada's top youth volunteers of 2020 honored with $2,500 donation for local COVID-19 response Actress Kristen Bell congratulates Las Vegas students at this weekend's Prudential Spirit of Community Awards virtual celebration |
LONDON--(BUSINESS WIRE)--The furniture market is expected to grow by USD 113.61 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters with a limited impact on the full-year economic growth. Request challenges and opportunities influenced by COVID-19 pandemic - Request a Free Sample Report on COVID-19 Impacts The growth of the global real estate industry has increased the number of residential and commercial construction projects across the world. Many developed and developing countries are making significant investments in infrastructural development. For instance, in the US 2020 budget, the President has proposed a plan to invest USD 200 billion in infrastructural development. Similarly, in India, various government initiatives such as the Smart Cities Mission, Pradhan Mantri Awas Yojana (PMAY), and the Sardar Patel National Housing Mission are working on a number of construction projects across the country. Many such factors are expected to influence the growth of the global furniture market during the forecast period. To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44836 As per Technavio, the increasing number of strategic alliances and partnerships will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024. Furniture Market: Increasing Number of Strategic Alliances and Partnerships Over the years, the market has witnessed an increase in the number of strategic alliances and partnerships among vendors. Vendors are adopting this strategy to improve operational efficiency and offer a wide range of services such as home delivery, end-to-end furniture solutions, and emerge as global brands. For instance, in September 2018, Steelcase acquired Orangebox Group Limited, a UK-based manufacturer that offers furniture for workplaces. Similarly, in October 2019, Herman Miller acquired the remaining shares of the contemporary British furniture designer, naughtone. The acquisition helped the company expand its product design and development capabilities. Many such M&A activities are expected to positively influence the growth of the global furniture market during the forecast period. Evolving consumer demographics in emerging economies and the growth of organized retail in the region will further boost market growth during the forecast period, says a senior analyst at Technavio. Register for a free trial today and gain instant access to 17,000+ market research reports Technavio's SUBSCRIPTION platform Furniture Market: Segmentation Analysis This market research report segments the furniture market by Product (Home, Office, and Others) and Geography (APAC, Europe, North America, South America, and MEA). The APAC region led the furniture market in 2019, followed by Europe, North America, South America, and MEA respectively. During the forecast period, APAC is expected to register the highest incremental growth due to factors such as rapid urbanization and increasing disposable incomes in the region. Technavios sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Some of the key topics covered in the report include: Market Drivers Market Challenges Market Trends Vendor Landscape About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. | Furniture Market - Post Pandemic Recovery Plan - Strategies and Processes | Increasing Residential and Commercial Construction to Boost Market Growth | Technavio |
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) is scheduled to present at the RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 9, 2021. Regions executives will speak during a fireside chat beginning at 11:20 a.m. ET. To listen, visit Regions Investor Relations page at https://ir.regions.com. A replay will also be made available on the Investor Relations page following the event. About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $147 billion in assets, is a member of the S&P 500 Index and is one of the nations largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,300 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com. | Regions Financial Scheduled to Participate in RBC Capital Markets Global Financial Institutions Conference Discussion to be made available on Regions Investor Relations website. |
OLATHE, Kan.--(BUSINESS WIRE)--NIC Inc., a leading government technology solutions firm, has been named a gold winner in Support Department of the Year and a bronze winner in Corporate Social Responsibility (CSR) Program of the Year in the 10th annual Best in Biz Awards. NIC was also named to the GovTech 100, an annual list of companies focused on making a difference in state and local government agencies across the United States. The list first began in 2016 and has included NIC each year. NIC is very proud to be recognized as one of the best in business in two of the most important sections of what we do: customer support and social responsibility and to continue making GovTechs prestigious 100 list, said Harry Herington, NIC CEO and Chairman of the Board. These honors are a direct reflection of the hard work and dedication of our employees, who strive to make government more accessible to people and businesses through technology and improve the communities in which we all live and work. In the Best of Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America, NIC was awarded gold for Support Department of the Year. The award recognizes NICs success in Customer Experience (CX) team, which manages each products entire lifecycle and maintain NICs competitive advantage in its customer-first approach. The Best in Biz Awards also recognized NIC with a bronze award in Corporate Social Responsibility (CSR). NIC employees across the United States are encouraged to take their passions and put them to work in supporting communities. In 2019, NIC employees displayed their commitment to these values by organizing a grassroots effort to raise more than $250,000 for St. Jude Childrens Research Hospital as the institution fights to end childhood cancer and other deadly diseases. In addition to its work for St. Jude, NIC also participated, fundraised and volunteered for numerous charities across the country, including Concerns of Police Survivors, Toys for Tots, Veterans Community Project, American Cancer Society, Salvation Army, American Red Cross, community animal shelters and rescues, community Ronald McDonald Houses and Boys and Girls Club of America. About NIC Inc. NIC (Nasdaq: EGOV) is a leading digital government solutions and payments company, serving more than 7,000 federal, state and local government agencies across the nation. With headquarters in Olathe, Kansas, and offices in a majority of U.S. states, NIC partners with government to deliver user-friendly digital services that make it easier and more efficient to interact with government providing valuable conveniences like applying for unemployment insurance, submitting business filings, renewing licenses, accessing information and making secure payments without visiting a government office. In the COVID-19 era and beyond, NIC helps government agencies rapidly deliver new digital solutions to provide essential services to citizens and businesses alike. Having served the public sector for nearly 30 years, NIC continues to evolve with its federal, state and local government partners to deliver innovative and cost-effective digital government to constituents. Learn more at www.egov.com. | NIC Inc. Starts 2021 with Three National Awards Government technology firm secures gold, bronze in Best in Biz Awards and coveted spot on GovTech 100 list |
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) plans to release its second quarter fiscal 2021 financial results on Friday, December 18, 2020, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. The conference call will be broadcast live over the Internet and can be accessed at http://investors.nike.com. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, January 8, 2021. About NIKE, Inc. NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.s earnings releases and other financial information are available on the Internet at http://investors.nike.com. Individuals can also visit http://news.nike.com and follow @NIKE. | NIKE, Inc. Announces Second Quarter Fiscal 2021 Earnings and Conference Call |
SAN FRANCISCO, April 28, 2021 /PRNewswire/ -- CCRM Fertility, a global pioneer in fertility treatment, research and science, welcomes Dr. Wael Salem to its San Francisco Bay Area location. Dr. Salem is board certified in obstetrics and gynecology and board eligible in reproductive endocrinology and infertility. Dr. Salem joined CCRM Minneapolis in 2018 and relocated to the Bay Area in 2021. The move has brought Dr. Salem to join Drs. Salli Tazuke and Sunny Jun at CCRM San Francisco. New patients can schedule telehealth consults with Dr. Salem and he will begin in-person appointments at the Menlo Park clinic starting June 7, 2021. During his residency for Obstetrics and Gynecology at the University of California in San Francisco, Dr. Salem received the Outstanding Resident in Minimally Invasive Gynecology award. After his residency, he completed his fellowship in Reproductive Endocrinology and Infertility at the University of Southern California's Keck School of Medicine. "I am excited to stay within the CCRM family and join the award-winning team of fertility specialists in the Bay Area," said Dr. Salem. "It's truly an honor to return to my former home town of San Francisco and help individuals and couples grow their families." In addition to presenting his research at prestigious medical conferences around the globe, Dr. Salem has authored numerous publications for notable peer-reviewed journals. He is currently on the editorial board for Human Reproduction. His interests include fertility for cancer patients, PCOS, fertility preservation (egg freezing) and preimplantation genetic testing for hereditary genetic diseases. Dr. Salem is fluent in Arabic, French and is conversational in Spanish. "Dr. Salem is devoted to providing high-quality, compassionate care and we are delighted that he will bring his expertise to CCRM San Francisco," said CCRM President and CEOJon Pardew. "We now have three specialized physicians to meet the community's growing fertility needs while maintaining individualized and custom-tailored care." CCRM San Francisco is located at 1060 Marsh Road, 1st Floor in Menlo Park, CA 94025.For more information or to schedule an appointment, call (650) 646-7500 or visitwww.ccrmivf.com. About CCRM FertilityFounded by Dr. William Schoolcraft in 1987, CCRM (Colorado Center for Reproductive Medicine) Fertility is the nation's leader in fertility care and research. CCRM Fertility specializes in the most advanced fertility treatments, with deep expertise in in vitro fertilization (IVF), fertility assessment, fertility preservation, genetic testing, third party reproduction and egg donation. Unlike many other fertility clinics that outsource their specialists and testing needs, CCRM Fertility leverages its own data, as well as a dedicated team of in-house reproductive endocrinologists, embryologists and geneticists in order to deliver industry-leading outcomes. CCRM Fertility operates 11 fertility centers (including 25 offices) throughout North America, serving prospective parents in major metropolitan areas, including Atlanta, Boston, Dallas, Denver, Houston, New York, Northern Virginia, Minneapolis, Orange County, San Francisco Bay Area, and Toronto. For more information, visit www.ccrmivf.com, become a fan on Facebook, or follow us onInstagram and Twitter. SOURCE CCRM Related Links https://www.ccrmivf.com | CCRM Fertility Welcomes Dr. Wael Salem to its San Francisco Bay Area Location Leader in fertility treatment and research adds experienced CCRM reproductive endocrinologist to its Menlo Park fertility center |
PITTSBURGH, July 16, 2020 /PRNewswire/ -- "I thought there could be a better way for everyone to clean their shoes at the park before getting in the car," said an inventor, from Salem, Ore., "so I invented the OVERIZED BOOT BRUSH." The patent-pending invention provides an effective way to remove dirt and mud from multiple boots or shoes at one time. In doing so, it eliminates the need to clean shoes one at a time. As a result, it saves time and effort and it could help to prevent messes on carpets and other flooring. The invention features a simple and practical design that is convenient and easy to use so it is ideal for households, farms, construction sites and sports fields. Additionally, it is producible in design variations and a prototype is available. The inventor described the invention design. "My design prevents shoes and boots from tracking muddy messes into the car and house." The original design was submitted to the Portland sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-POO-543, 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 | InventHelp Inventor Develops Accessory to Clean Multiple Pairs of Shoes (POO-543) |
SELBYVILLE, Del., June 10, 2020 /PRNewswire/ --Global Market Insights, Inc. has recently added a new report on the compounding pharmacies market which estimates the market valuationfor compounding pharmacies will cross USD 14 billion by 2026. The rising demand for compounding pharmacies due to drug shortages and preference for personalized medicines will accelerate the overall business progression. Continue Reading Compounding Pharmacies Market size is set to reach USD 14 billion by 2026, according to a new research report by Global Market Insights, Inc. Compounded pharmacies offer several benefits compared to commercial drugs that will have a positive impact on market expansion. Compounded medication can be formulated to custom dosage levels and in hypoallergenic form. Furthermore, compounding pharmacies can combine drugs into a single pill, reducing the dosage frequency. Additionally, access to high-quality and pure ingredients enables pharmacists to produce medication at a lower cost. Removal of designer dyes and preservatives can further lower the cost. Ability of compounding pharmacies to formulate hard-to-find medication at low cost will boost the market expansion. Request a sample of this research report @https://www.gminsights.com/request-sample/detail/749 Dermatology applications segment accounted for over 18% market share in 2019. Dermatology compounded medications can be used in individuals having allergies to commercial drugs. Similarly, compounded medications can be prepared without certain ingredients, preservatives and additives based upon a patient's needs, propelling the segment progression. Moreover, dermatology compounding products are available in a variety of formulations, such as sprays, solutions, gels, foams, ointments and others, to treat skin disorders including psoriasis, eczema and acne, among others. Thus, a wide range of compounding formulations available for dermatology applications will propel the segment growth. The topical segment accounts for around USD 1.5 billion in 2019. Compounded topical medications are applied onto the skin or mucous membrane, allowing the medicine to be absorbed into the bloodstream through the skin. Topical dosage form of commercial drugs is often required for people having difficulty in swallowing. Increasing cases of skin diseases along with the surging need for aesthetic medicines will further augment the market growth.The veterinary segment will witness around 18% market share in 2019. Veterinary compounding medication provides a wide range of options including the addition of flavors to the drug and customized delivery systems to make it more palatable. Moreover, a surge in the number of companion animals, along with a change in purchasing patterns of pet owners to increase animal compliance, will enhance the veterinary application segment.Pharmaceutical ingredient alteration (PIA) will account for over 35% market share in 2019. Increasing demand for hypoallergenic drugs among individuals susceptible to allergies will propel the segmental growth. Furthermore, multiple drugs can be compounded into single dosages to increase its convenience.Browse key industry insights spread across 348 pages with 479 market data tables & 20 figures & charts from the report"Compounding Pharmacies Market Share & Forecast, 2020 2026" in detail along with the table of contents:https://www.gminsights.com/industry-analysis/compounding-pharmacies-marketNon-sterile segment accounted for around 5.5% CAGR during 2020 to 2026. Rising demand for non-sterile medications such as syrups, capsules and pills will foster the segment growth. Non-sterile compounding medicines do not require stringent regulatory policies for manufacturing as compared to sterile compounding. Also, sterile compounding is a long process and has significant risk of contamination, leading to a high preference for non-sterile manufacturing. The compounding pharmacies segment held around 35% market share in 2019. Compounding pharmacies produce a wide variety of compounded medications such as sublingual medications, suppositories, oral medications, injectable medications and topical medications. These pharmacies manufacture compounded medications with high-quality equipment and trained professionals that favors the segmental growth.Some major findings of the compounding pharmacies market report include: Compounding pharmacies make drugs available as per doctor's prescription based on patients' needs that can't be met by commercially available medicines. Surging number of patients visiting healthcare professionals due to chronic illness, increases the consumption of personalized medicines. Rising geriatric population base with improved life expectancy will foster the compounding pharmacies industry growth. Shortage of drugs such as cancer medicines as well as emergency drugs will favor the demand for compounding pharmacies across the globe. Increasing advantages of compounded drugs over commercial medicines for effective patient care and management will foster the market growth. U.S. compounding pharmacies market captured around 5.5% CAGR and is projected to witness substantial growth during the analysis period. Companies operating in the U.S. are focusing on implementation of advanced technology for large-scale manufacturing. Moreover, several compounding pharmacies are upgrading their technology to fully automate compounding systems to accelerate their productivity and efficacy. Furthermore, shortages of drugs reported by the U.S. FDA will enhance the overall market growth.Some of the prominent business players operating in the compounding pharmacies industry include B. Braun Medical, Fagron, Frensius Kabi, Rx3 Compounding Pharmacy, Institutional Pharmacy Solutions, Clinigen Group, Pencol Compounding Pharmacy, Athenex Pharma Solutions, Lorraine's Pharmacy, Triangle Compounding Pharmacies, Dougherty's Pharmacy, Nephron Pharmaceuticals Corporation, McGuff Company andWedgewood Village Pharmacy. Key market players are adopting several organic as well as inorganic growth strategies such as acquisitions, collaborations and new product launches. For instance, in November 2017, Clinigen announced the acquisition of Quantum Pharmaceutical Limited. This acquisition allowed Clinigen to strengthen its presence in the compounding pharmacies market.Browse complete report table of contents @ https://www.gminsights.com/toc/detail/compounding-pharmacies-marketPartial chapters of report table of contents (TOC):Chapter 3. Compounding Pharmacies Industry Insights3.1. Industry segmentation3.2. Industry landscape, 2015 - 20263.3. Industry ecosystem analysis3.3.1. Distribution channel analysis3.4. Industry impact forces3.4.1. Growth drivers3.4.1.1. Rising geriatric population and improved life expectancy across the globe3.4.1.2. Rising adoption of customized medicine in the developed regions3.4.1.3. Shortage of drugs across the globe3.4.1.4. Benefits of compounded medication3.4.1.5. Growing drug failure rate3.4.2. Industry pitfalls and challenges3.4.2.1. Lack of skilled lab technicians and pharmacists in developed economies3.4.2.2. High cost of equipment and maintenance of sterile environment3.4.2.3. Volatile regulatory scenario3.4.2.4. Consumer perception towards compounded drugs3.5. Growth potential analysis3.5.1. By therapeutic area3.5.2. By product3.5.3. By application3.5.4. By compounding type3.5.5. By sterility3.5.6. By distribution channel3.6. Regulatory landscape3.6.1. U.S.3.6.2. Europe3.6.3. Australia3.7. Reimbursement landscape3.7.1. U.S.3.7.2. Europe3.7.3. Australia3.8. Cost analysis of compounded medications3.9. Compounding pharmacies count, by region 20193.9.1. North America3.9.2. Europe3.9.3. Asia Pacific3.9.4. Latin America3.9.5. Middle East and Africa3.10. Innovative compounding technologies3.10.1. Web-based quality management system3.10.2. Digital tools3.11. Porter's analysis3.12. PESTEL AnalysisAbout Global Market InsightsGlobal Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provideroffering syndicated and custom research reports, along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.Contact Us:Arun HegdeCorporate Sales, USAGlobal Market Insights, Inc.Phone:1-302-846-7766Toll Free:1-888-689-0688Email:[emailprotected]Related Imagescompounding-pharmacies-market-size.png Compounding Pharmacies Market Size to Exceed USD 14 Billion by 2026 Compounding Pharmacies Market size is set to reach USD 14 billion by 2026, according to a new research report by Global Market Insights, Inc. Related LinksU.S. Compounding Pharmacies Market Size Pharmacovigilance Market SOURCE Global Market Insights Inc. | Compounding Pharmacies Market to Hit $14 Billion by 2026: Global Market Insights, Inc. The compounding pharmacies market from the non-sterile segment is expected to achieve over 5.5% CAGR during 2020 to 2026. Rising demand for non-sterile medications such as syrups, capsules and pills will foster the segment growth. |
PARIS LA DFENSE--(BUSINESS WIRE)--Thales announced a new collaboration with Google Cloud that will accelerate the ability of enterprises to safely migrate sensitive data between public cloud, hybrid and private IT infrastructures. Together, the two companies will offer new capabilities that enable security teams to own and control their encryption keys while helping to fulfill heightened regulatory requirements amidst todays highly-distributed workforce. Building on a multi-year history of innovation around a variety of cloud security initiatives, Thales and Google Cloud will now empower customers to leverage the full potential of Google Cloud technology for sensitive workloads while gaining the external key management needed to control and secure data across hybrid cloud IT environments. Securing the New IT Frontier: Hybrid Cloud This collaboration marks a significant moment for organisations to finally seize full control of their data and encryption keys, especially as they pursue hybrid, multi-cloud strategies. Addressing both private and public cloud environments, Thales and Google Cloud will provide a turnkey solution that manages, brokers and stores encryption keys completely controlled by the customer, effectively enabling companies to move data assets to the cloud with confidence. As uncovered in the Thales 2020 Data Threat Report-Global Edition, this is increasingly becoming more critical as greater than half of the worlds corporate data of which 48% is sensitive is stored in the cloud. New capabilities are critical to cloud migration and security, especially with such accelerated growth in this area, said Sunil Potti, VP and GM of Google Cloud Security. True to our mission, we've forged this deeper relationship with Thales to further protect our customers most sensitive information. Companies of all shapes and sizes are dealing with an extremely fluid and dynamic business environment where even the best lines of defence are constantly being battle tested. Together with Thales, we acknowledge the current set of circumstances and remain vigilant to provide customers with the most advanced solutions that address todays cybersecurity needs as well as those that are emerging on the horizon. This collaboration greatly simplifies the security of moving to multi-cloud, hybrid cloud, and edge-cloud environments a journey more companies are making today to address the post-pandemic remote world. According to 451 Research, 62% of enterprises today are pursuing a hybrid IT strategy. In addition, by working with Thales to handle application and data security in the cloud, Google Cloud customers can now maintain strong data sovereignty with encryption key visibility and lifecycle management. Customers also can address heightened regulatory requirements stemming from recent data and privacy regulations. Our collaboration with Google Cloud truly embodies the technology leadership needed to place the control of data directly into the hands of our customers, said Sebastien Cano, SVP for Cloud Protection & Licensing at Thales. Companies no longer need to put their sensitive data in untrusted environments and relinquish control of their coveted encryption keys. It has become abundantly clear that an evolution in data protection is taking place at a global level as security professionals work together to build a shared-responsibility security model between enterprise customers and providers. With this joint innovation effort, were supporting organisations as they move to the cloud with confidence. Establishing a Foundation of Trust in the Cloud To help organisations benefit from this enhanced level of control of keys and cloud data, Thales has integrated its CipherTrust Key Broker service with Google Cloud External Key Manager (EKM). The CipherTrust Key Broker for Google Cloud EKM is available on Thaless Data Protection on Demand platform. By generating encryption keys using CipherTrust Key Broker, organisations can verify the origin and quality of the keys they are providing to the cloud provider, while maintaining the original version of the key outside of the Google Cloud environment. Organisations hold their master keys in a Thales Luna Cloud HSM, which acts as the trust anchor for the CipherTrust Key Broker solution. For more information download the CipherTrust Key Broker solution brief. Industry insight and views on the latest data security trends can be found on the Thales blog. Follow Thales on Twitter, LinkedIn, Facebook and YouTube. About Thales Thales (Euronext Paris: HO) is a global high technology leader investing in digital and deep tech innovations connectivity, big data, artificial intelligence, cybersecurity and quantum technology to build a future we can all trust, which is vital to the development of our societies. The company provides solutions, services and products that help its customers businesses, organisations and states in the defence, aeronautics, space, transportation and digital identity and security markets to fulfil their critical missions, by placing humans at the heart of the decision-making process. With 83,000 employees in 68 countries, Thales generated sales of 19 billion in 2019 (on a basis including Gemalto over 12 months). PLEASE VISIT Thales Group Market page | Thales and Google Cloud Join Forces to Deliver Breakthrough Capability for Enterprises to Control Their Data in the Cloud Strong collaboration secures public and private clouds to improve data privacy Joint innovation helps ensure sensitive data is universally accessible, available and secure Enterprises can now unlock the power of Google Cloud for new opportunities while fulfilling heightened regulatory requirements |
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.05 a share, payable October 15, 2020 to shareholders of record as of September 30,2020. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 315th consecutive quarterly cash dividend. About Flexsteel Flexsteel Industries, Inc. and Subsidiaries (the Company) is one of the largest manufacturers, importers and online marketers of residential furniture and products in the United States. Product offerings include a wide variety of upholstered furniture such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. A featured component in most of the upholstered furniture is a unique steel drop-in seat spring from which the name Flexsteel is derived. The Company distributes its products throughout the United States through its e-commerce channel and dealer network. For more information, visit our web site at http://www.flexsteel.com. | Flexsteel Industries, Inc. Announces Quarterly Dividend |
MIAMI, Jan. 20, 2021 /PRNewswire/ --COVID Vaccines: Ask the Experts, a one-hour Virtual Town Hall is offering the public around the country an opportunity to ask and get answers to their questions about COVID-19 and the vaccines, LIVE on January 27th at 7 PM EST. This unique event will be available @AllHealthGo's Facebook and YouTube pages and streamed on www.allhealthtv.com. COVID Vaccines: Ask The Experts. Featuring Dr. Anthony S. Fauci. COVID Vaccines: Ask the Experts, a one-hour Virtual Town Hall offering the public an opportunity to ask their questions. Tweet this South Florida PBS' Health Channelis providing this special program as a national public service. In addition to answering questions about the vaccines, the experts will provide their insights on the pandemic. Co-hosted by Michael Zinner, MD, CEO and Executive Medical Director, Miami Cancer Institute, and Health Channel host Olga Villaverde, the panel of health and medical experts include: Dr. Anthony S. Fauci, Director of the National Institute of Allergy and Infectious Diseases (NIAID) Dr. Atul Gawande, Author, Harvard Medical School; Harvard School of Public Health Researcher and member of the Biden Presidential COVID-19 Task Force Dr. Henri Ford, Dean and Chief Academic Officer, University of Miami Leonard M. Miller School of Medicine Dr. Geeta Nayyar, Assistant Clinical Prof of Medicine of Florida International University Viewers can ask their questions in advance by emailing [emailprotected]. To RSVP for this free virtual town hall visit click here and to see a video promo of this upcoming event click here. About South Florida PBS:SOUTH FLORIDA PBS is Florida's largest public media company, including Public Broadcasting stations WXEL-TV, serving the Palm Beaches and the Treasure Coast and WPBT2, serving Miami-Dade and Broward counties, and the Health Channel, the only 24/7 channel dedicated to health in the nation.SOUTH FLORIDA PBS connects organizations and institutions across our region and preserves South Florida's history. Leading the way in this global society, SOUTH FLORIDA PBS serves diverse communities from Key West to the Sebastian Inlet and from the Atlantic Ocean west to Lake Okeechobee. SOUTH FLORIDA PBS is committed to creating and presenting unique arts, education and cultural heritage programming, and tells different local stories across a variety of digital media platforms. Some of our award-winning productions include James Patterson's Kid Stew, Changing Seas, Art Loft and Your South Florida. For more information, visit https://www.southfloridapbs.org. CONTACT: Jeneissy Azcuy Vice President of Marketing and Communications 305-424-4013 [emailprotected] Denise Olsak Communications and Marketing Specialist 305-424-4008 [emailprotected] SOURCE South Florida PBS Related Links http://www.southfloridapbs.org | COVID Vaccines: Ask The Experts FAUCI, MEDICAL EXPERTS TO ANSWER PUBLIC'S QUESTIONS ON THE HEALTH CHANNEL'S NATIONAL TOWN HALL |
DUBLIN--(BUSINESS WIRE)--The "GIS Software in Agriculture - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering. Global GIS Software in Agriculture market accounted for $1.60 billion in 2019 and is expected to reach $4.06 billion by 2027 growing at a CAGR of 12.4% during the forecast period. Growing need for precision farming and favourable government initiatives and investments are the major factors propelling market growth. However, high initial investment costs are hampering market growth. Geographic information system is sometimes called "geological information system". It is a specific and very important spatial information system. It is a technical system that manages, stores, estimates, analyzes, displays, and describes relevant geographical distribution data in the space of all or part of the earth's surface (including the atmosphere), supported by computer hardware and software systems. Based on the solution type, the on-cloud segment is going to have lucrative growth during the forecast period. Factors such as technology maturation and widespread adoption of GIS software have contributed massively towards the growth of on-cloud GIS software solutions. By geography, Asia pacific is estimated to have lucrative growth due to the increasing infrastructural growth in various countries in the region, GIS is expected to be used for smart city planning and urban development programs. Some of the key players profiled in the GIS Software in Agriculture Market include Autodesk, Inc., Computer Aided Development Corporation Ltd. (Cadcorp), Earth Observing System, Environmental System Research Institute (ESRI), Geosoft Inc., Hexagon AB, Hi-Target Surveying Instrument Co., Ltd, L3 Harris Technologies, Oracle Corporation, Parrot SA, Pitney Bowes Inc., SuperMap Software Co., Ltd., Takor Group Ltd, Topcon Corporation, and Trimble Inc. What the report offers: Key Topics Covered: 1 Executive Summary 2 Preface 2.1 Abstract 2.2 Stake Holders 2.3 Research Scope 2.4 Research Methodology 2.5 Research Sources 3 Market Trend Analysis 3.1 Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Application Analysis 3.7 Emerging Markets 3.8 Impact of Covid-19 4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry 5 Global GIS Software in Agriculture Market, By Solution Type 5.1 Introduction 5.2 On-Premise 5.3 On-Cloud 6 Global GIS Software in Agriculture Market, By Application 6.1 Introduction 6.2 Crop Monitoring 6.3 Irrigation Monitoring 6.4 Soil Analysis 7 Global GIS Software in Agriculture Market, By Geography 7.1 Introduction 7.2 North America 7.2.1 US 7.2.2 Canada 7.2.3 Mexico 7.3 Europe 7.3.1 Germany 7.3.2 UK 7.3.3 Italy 7.3.4 France 7.3.5 Spain 7.3.6 Rest of Europe 7.4 Asia Pacific 7.4.1 Japan 7.4.2 China 7.4.3 India 7.4.4 Australia 7.4.5 New Zealand 7.4.6 South Korea 7.4.7 Rest of Asia Pacific 7.5 South America 7.5.1 Argentina 7.5.2 Brazil 7.5.3 Chile 7.5.4 Rest of South America 7.6 Middle East & Africa 7.6.1 Saudi Arabia 7.6.2 UAE 7.6.3 Qatar 7.6.4 South Africa 7.6.5 Rest of Middle East & Africa 8 Key Developments 8.1 Agreements, Partnerships, Collaborations and Joint Ventures 8.2 Acquisitions & Mergers 8.3 New Product Launch 8.4 Expansions 8.5 Other Key Strategies 9 Company Profiling 9.1 Autodesk, Inc. 9.2 Computer Aided Development Corporation Ltd. (Cadcorp) 9.3 Earth Observing System 9.4 Environmental System Research Institute (ESRI) 9.5 Geosoft Inc. 9.6 Hexagon AB 9.7 Hi-Target Surveying Instrument Co., Ltd 9.8 L3 Harris Technologies 9.9 Oracle Corporation 9.10 Parrot SA 9.11 Pitney Bowes Inc. 9.12 SuperMap Software Co., Ltd. 9.13 Takor Group Ltd 9.14 Topcon Corporation 9.15 Trimble Inc. For more information about this report visit https://www.researchandmarkets.com/r/qau3vt | Global GIS Software in Agriculture Market Outlook Report 2019-2027: Growing Need for Precision Farming and Favourable Government Initiatives and Investments - ResearchAndMarkets.com |
NEW YORK, Dec. 7, 2020 /PRNewswire/ --Shutterstock, Inc. (NYSE: SSTK), today announced that Alfonse Upshaw, Senior Vice President, Corporate Controller and Chief Accounting Officer of Kaiser Foundation Plans and Hospitals (Kaiser Permanente), has been appointed to the company's board of directors and will chair the audit committee of the board. "We are pleased to welcome Alfonse to the Shutterstock board of directors at an exciting time for our company. He brings a wealth of experience in developing and executing strategic initiatives that we will benefit from as we continue to innovate our offerings and accelerate our subscription-based model" said Stan Pavlovsky, Chief Executive Officer of Shutterstock. "His skills and background in business development, M&A and diversity and inclusion strengthens the experience of our current board members and we look forward to his contributions." "I'm excited to join the Shutterstock board," stated Mr. Upshaw. "I look forward to working alongside my fellow board members and company management to execute the company's strategic plan and continue to deliver value to its stockholders." As Senior Vice President, Corporate Controller and Chief Accounting Officer of Kaiser Permanente, Upshaw oversees internal and external accounting and reporting, tax services and SOX functions. Throughout his tenure, he also held the role of Interim Regional Chief Financial Officer for the company's Northwest region and built its millennial strategy department responsible for the development of programs across workforce, consumer attraction and retention, and care delivery. Prior to joining Kaiser Permanente, Upshaw served as an audit partner with Deloitte working with Fortune 500 companies and high growth clients in a variety of industries. In this role, he regularly advised senior leadership and clients' audit committees on accounting, internal controls and governance matters. Upshaw has also served on not-for-profit boards and advisory committees including Kennedy-King Memorial Scholarship Foundation, Windrush School Board of Trustees, the UC Berkeley Center for Financial Reporting and Management, and the American Heart Association Research Roundtable. He holds a B.S. from University of California, Berkeley and is a Certified Public Accountant as well as lifetime member of the National Association of Black Accountants, Inc. About ShutterstockShutterstock, Inc. (NYSE:SSTK), directly and through its group subsidiaries, is a leading global provider ofhigh-quality licensed photographs,vectors,illustrations,videos andmusic to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 1 million contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 350 million images and more than 20 million video clips available. Headquartered in New York City, Shutterstock has offices around the world and customers in more than 150 countries. The company's brands also includeBigstock, a value-oriented stock media offering; Shutterstock Custom,a custom content creation platform; Offset, ahigh-end image collection; PremiumBeat, a curatedroyalty-free music library; and Shutterstock Editorial, a premier source of editorial images and videos for the world's media. For more information, please visitwww.shutterstock.com and follow Shutterstock onTwitter and onFacebook. FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include, but are not limited to, statements regarding management's future business, future results of operations or financial condition, new or planned features, products or services, management strategies, Shutterstock's expectations regarding financial outlook and future growth and profitability and statements regarding anticipated improvements in operations. You can identify forward-looking statements by words such as "may," "will," "would," "should," "could," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. However, not all forward-looking statements contain these words. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors including risks related to any changes to or the effects on liabilities, financial condition, future capital expenditures, revenue, expenses, net income or loss, synergies and future prospects; our inability to continue to attract and retain customers and contributors to our online marketplace for creative content; competitive factors; our inability to innovate technologically or develop, market and offer new products and services; costs related to litigation or infringement claims, indemnification claims and the inability to prevent misuse of our content; our inability to increase market awareness of Shutterstock and our products and services; our inability to effectively manage our growth; our inability to grow at historic growth rates or at all; technological interruptions that impair access to our websites; assertions by third parties of infringement of intellectual property rights by Shutterstock, our inability to effectively manage risks associated with operating internationally; our exposure to foreign exchange rate risk; our inability to address risks associated with sales to large corporate customers; government regulation of the internet; increasing regulation related to the handling of personal data; actions by governments to restrict access to our products and services; our inability to effectively expand our operations into new products, services and technologies; our inability to protect the confidential information of customers; increased tax liabilities associated with our worldwide operations, including our exposure to withholding, sales and transaction tax liabilities; the effect of the Tax Cuts and Jobs Act of 2017; public health crises including the COVID-19 pandemic; general economic and political conditions worldwide, including disruption and volatility caused by COVID-19 and any resulting economic recession; our inability to successfully integrate acquisitions and the associated technology and achieve operational efficiencies; and other factors and risks discussed under the caption "Risk Factors" in our most recent Annual Report on Form10-K, as well as in other documents that the Company may file from time to time with the Securities and Exchange Commission.As a result of such risks, uncertainties and factors, Shutterstock's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. The forward-looking statements contained in this press release are made only as of this date and Shutterstock assumes no obligation to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. SOURCE Shutterstock, Inc. Related Links www.shutterstock.com | Shutterstock Appoints Alfonse Upshaw to its Board of Directors |
SHENZHEN, China, Oct. 19, 2020 /PRNewswire/ -- XP-PEN, one of the world's leading brand of digital painting products, recently announced a brand partnership with LINE FRIENDS, one of the fastest growing global character brand, on its first co-branded pen tablet, aiming to bring digital painting technique more fun and accessible to a wider audience. The LINE FRIENDS Edition series are available for markets in United States, Europe, China, Korea, and SEA from September 18th. XP-PEN Partners with LINE FRIENDS to Present the Most Cheerful Pen Tablet "In this new digital era, young consumers continue to focus more on their emotional attachment to the brand and how it works in the new styles of communication and social interaction. This fact requires brands to be more open-minded and creative in its product marketing," said Li Yuanzhi, CEO of XP-PEN. "So, we join hands with LINE FRIENDS, to launch a series of limited-edition products, hoping to make more fun in the digital painting." The new series of products include Artist12Pro, Deco 01V2 and Star G640, which dexterously integrated their unique design with the lovely characters of LINE FRIENDS BROWN, CONY, and SALLY. The LINE FRIENDS Edition series also provides a cheerful image, allowing users to unleash their creativity in a state of positivity. With the 15 years of history in the international brands, XP-PEN will continue to design high-technology and high-quality products that are appealing to young people, with the inheritance and new upgrades of XP-PEN brand. Please visit: www.xp-pen.comAbout LINE FRIENDSLINE FRIENDS is a global character brand that originally started from BROWN & FRIENDS, created for use as stickers for the leading mobile messenger app LINE and its 200 million active users worldwide. LINE FRIENDS is also expanding its IP based business by partnering with various media and game companies including Netflix(original animated series), SUPERCELL(Brawl Stars) and NEXON(KartRider). Please visit www.LINEFRIENDS.comAbout XP-PENXP-PEN is a professional and reliable brand of graphics tablets, pen display monitors, stylus pens, and more. Our team is committed to endless innovation with the goal of bringing every artist into the digital age with tools and technology to suit their individual needs. XP-PEN has become a well-known brand of digital graphics tablets, and users all over the world appreciate the tools, technology, and value that XP-PEN brings to the market. Follow us on Instagram: https://www.instagram.com/xppen/, or contact us at [emailprotected]for cooperation.SOURCE XP-PEN Related Links http://www.xp-pen.com | XP-PEN Partners with LINE FRIENDS to Present the Most Cheerful Pen Tablet USA - English Espaa - espaol France - Franais Deutschland - Deutsch |
AUBAGNE, France, Nov. 2, 2020 /PRNewswire/ -- Sartorius Stedim Biotech (SSB), a leading partner of the biopharma industry, successfully closed the acquisition of the Slovenian purification specialist BIA Separations. The transaction was completed on November2, 2020, after receiving the required approvals. "BIA's portfolio is highly complementary to Sartorius Stedim Biotech. We are thus creating an excellent offering for the manufacturing of gene therapies and other advanced therapies, and are pleased to welcome 120 new employees," said Dr. Joachim Kreuzburg, Chairman of the Board and CEO of SartoriusStedim Biotech. The total purchase price of the transaction is 360 million euros of which 240 million euros were paid in cash and 120 million euros in SSB shares. Both parties have further agreed on three tranches of earn-out payments based on performance over the next five financial years.SSB has been preparing to integrate BIA Separations so this can now be initiated despite the special conditions prevailing during the pandemic. BIA Separations develops and manufactures market-leading products for purification and analysis of large biomolecules, such as viruses, plasmids and mRNA, which are used in cell and gene therapies and other advanced therapies. BIA's technology for manufacturing-scale purification is already used in production of the first commercialized advanced therapeutics, and the company also has a strong presence with such novel drug candidates in the clinical pipeline. Expecting continued very strong double-digit sales growth over the next few years, BIA is forecasted to earn sales revenue of approx. 25 million euros in 2020 at profit margins that will be accretive to the underlying EBITDA margin of the Sartorius Stedim Biotech Group. The transaction is not expected to have any material impact on Sartorius Stedim Biotech's 2020 results. This press release contains forward-looking statements about the future development of Sartorius Stedim Biotech. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius Stedim Biotech assumes no liability for updating such statements in light of new information or future events. This is a translation of the original French-language press release. Sartorius Stedim Biotech shall not assume any liability for the correctness of this translation. The original French press release is the legally binding version. A profile of Sartorius Stedim Biotech Sartorius Stedim Biotech is a leading international partner of the biopharmaceutical industry. As a total solutions provider, the company helps its customers to manufacture biotech medications safely, rapidly and economically. Headquartered in Aubagne, France, Sartorius Stedim Biotech is quoted on the Eurolist of Euronext Paris. With its own manufacturing and R&D sites in Europe, North America and Asia and an international network of sales companies, Sartorius Stedim Biotech has a global reach. The Group has been annually growing by double digits on average and has been regularly expanding its portfolio by acquisitions of complementary technologies. In 2019, the company employed approximately 6,200 people, and earned sales revenue of 1,440.6 million euros. Logo - https://mma.prnewswire.com/media/1123369/Sartorius_Logo.jpg Contact: Andre Hofmann Head of Public Relations +49 (0)551.308.5096[emailprotected]www.sartorius.com Follow Sartorius onTwitter@Sartorius_Group and onLinkedIn. SOURCE Sartorius Stedim Biotech S.A. Related Links https://www.sartorius.com | Sartorius Stedim Biotech closes acquisition of BIA Separations USA - English France - Franais |
NEW YORK, March 16, 2021 /PRNewswire/ --The Natural Rubbermarket will register an incremental spend of about USD 4.49 Billion, growing at a CAGR of 3.16% during the five-year forecast period. A targeted strategic approach to Natural Rubbersourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic.Download free sample reportKey Highlights Offered in the Report: Information on how to identify strategic and tactical negotiation levels that will help achieve the best prices. Gain information on relevant pricing levels, detailed explanation on pros and cons of prevalent pricing models. Methods to help engage with the right suppliers and discover KPI's to evaluate incumbent suppliers. Get a free sample report for more informationInsights 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 the Natural Rubber market. The report also aids buyers with relevant Natural Rubber 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 fulfill their category objectives.For more insights on buyer strategies and tactical negotiation levers, Click here.Key Drivers and Trends Fueling Market Growth:The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of 2.00%-7.00%. Identify favorable opportunities in Natural Rubber TCO (total cost of ownership). Expected changes in price forecast and factors driving the current and future price changes. Identify pricing models that offer the most rewarding opportunities. Some of the top Natural Rubber suppliers listed in this report:This Natural Rubber procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. Pro Star Rubber Co. Ltd. PT. Bakrie Sumatera Plantations Tbk Rubfila International Ltd. Sri Trang Agro-Industry Public Co. Ltd. Sinochem Group Co. Ltd. Sumitomo Rubber Industries Ltd. Thai Hua Rubber Public Co. Ltd. Von Bundit Co. Ltd. Southland Holding Co. Vip Rubber and Plastic Co. To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.Table of Content Executive Summary Market Insights Category Pricing Insights Cost-saving Opportunities Best Practices Category Ecosystem Category Management Strategy Category Management Enablers Suppliers Selection Suppliers under Coverage US Market Insights Category scope Appendix Get access to regular sourcing and procurement insights to our digital procurement platform-Contact Us.About SpendEdge: SpendEdgeshares 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-demoContactsSpendEdgeAnirban ChoudhuryMarketing ManagerPh No: +1 (872) 206-9340https://www.spendedge.com/contact-usSOURCE SpendEdge | Global Natural Rubber Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Market Forecasts, Analysis 2021-2025 | SpendEdge |
DUBLIN--(BUSINESS WIRE)--The "Global Smart Luggage Market By Technology (Connectivity, Sim Card and USB Charging), By Connectivity (Wi-Fi, GPS, RFID and Bluetooth), By Application (Real-Time Tracking, Proximity Sensors, and Others), By Region, By Company, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering. The Global Smart Luggage Market is anticipated to grow at a CAGR of over 8% during the forecast period, due to the increase in travelling for leisure or business and technological innovations in the baggage segment. Moreover, increasing proliferation of internet of things and additional features, such as Bluetooth charging, GPS and electronic locks, are further propelling the growth of the market. In terms of connectivity, RFID is likely to grow at the highest CAGR during the forecast period on account of existing infrastructure for the scanning of RFID tags at the airports. Based on the application, the Global Smart Luggage Market has been segmented into real-time tracking, proximity sensors, remote locking, digital scaling & others. The real-time application and remote locking segments are expected to grow at the highest rate during the forecast period owing to the rising cases of luggage misplacement by the airlines. Regionally, North America dominated the smart luggage market in 2020 and the trend is likely to continue in the future on account of high adoption of technology advanced products and presence of manufacturing companies in the region. The demand for smart luggage is increasing in Asia Pacific and the region is anticipated to register the highest CAGR until 2026, on account of surging footfall and increasing air traffic. Some of the leading players in the Global Smart Luggage Market are Barracuda, Inc., Samsonite IP Holdings S.AR.L, Horizn Studios GmbH, TraxPack LLC, Modobag, Delsey S.A., Planet Traveler USA, Away Com INC, Neit Products Ltd, RIMOWA GmbH & Co Distribution KG, etc. Years considered for this report: Key Topics Covered: 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on Global Smart Luggage Market 4. Executive Summary 5. Voice of Customer 5.1. Product Pricing 5.2. Factors Influencing Purchase Decision 5.3. Challenges/Issues Faced Post Purchase 6. Global Smart Luggage Market Overview 7. Global Smart Luggage Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Technology (Connectivity, Sim Card, USB Charging) 7.2.2. By Connectivity (Wi-Fi, GPS, RFID and Bluetooth) 7.2.3. By Application (Real-Time Tracking, Proximity Sensors, Remote Locking, Digital Scaling & Others) 7.2.4. By Company 7.2.5. By Region 7.2.6. Market Attractiveness Index 8. Asia-Pacific Smart Luggage Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Technology 8.2.2. By Connectivity 8.2.3. By Country 8.3. Market Attractiveness Index 8.4. Asia-Pacific: Country Analysis 8.4.1. China Smart Luggage Market Outlook 8.4.2. India Smart Luggage Market Outlook 8.4.3. Japan Smart Luggage Market Outlook 8.4.4. South Korea Smart Luggage Market Outlook 8.4.5. Australia Smart Luggage Market Outlook 8.4.6. New Zealand Smart Luggage Market Outlook 9. Europe Smart Luggage Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Technology 9.2.2. By Connectivity 9.2.3. By Country 9.3. Market Attractiveness Index 9.4. Europe: Country Analysis 9.4.1. France Smart Luggage Market Outlook 9.4.2. Germany Smart Luggage Market Outlook 9.4.3. United Kingdom Smart Luggage Market Outlook 9.4.4. Italy Smart Luggage Market Outlook 9.4.5. Spain Smart Luggage Market Outlook 9.4.6. Russia Smart Luggage Market Outlook 9.4.7. Poland Smart Luggage Market Outlook 9.4.8. Netherlands Smart Luggage Market Outlook 10. North America Smart Luggage Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Technology 10.2.2. By Connectivity 10.2.3. By Country 10.3. Market Attractiveness Index 10.4. North America: Country Analysis 10.4.1. United States Smart Luggage Market Outlook 10.4.2. Mexico Smart Luggage Market Outlook 10.4.3. Canada Smart Luggage Market Outlook 11. South America Smart Luggage Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value 11.2. Market Share & Forecast 11.2.1. By Technology 11.2.2. By Connectivity 11.2.3. By Country 11.3. Market Attractiveness Index 11.4. South America: Country Analysis 11.4.1. Brazil Smart Luggage Market Outlook 11.4.2. Argentina Smart Luggage Market Outlook 11.4.3. Colombia Smart Luggage Market Outlook 11.4.4. Chile Smart Luggage Market Outlook 12. Middle East and Africa Smart Luggage Market Outlook 12.1. Market Size & Forecast 12.1.1. By Value 12.2. Market Share & Forecast 12.2.1. By Technology 12.2.2. By Connectivity 12.2.3. By Country 12.3. Market Attractiveness Index 12.4. MEA: Country Analysis 12.4.1. South Africa Smart Luggage Market Outlook 12.4.2. Saudi Arabia Smart Luggage Market Outlook 12.4.3. UAE Smart Luggage Market Outlook 13. Market Dynamics 13.1. Drivers 13.2. Challenges 13.3. Opportunities 14. Market Trends & Developments 15. Competitive Landscape 15.1. Competition Outlook 15.2. Company Profiles (Leading Companies) 15.2.1. Barracuda, Inc. 15.2.2. Samsonite IP Holdings S.AR.L 15.2.3. Horizn Studios GmbH 15.2.4. TraxPack LLC 15.2.5. Modobag 15.2.6. Delsey S.A. 15.2.7. Planet Traveler USA 15.2.8. Away Com INC 15.2.9. Neit Products Ltd 15.2.10. RIMOWA GmbH & Co Distribution KG 16. Strategic Recommendations For more information about this report visit https://www.researchandmarkets.com/r/xqwq2h | Global Smart Luggage Market to 2026 by Technology (Connectivity, Sim Card and USB Charging), Connectivity (Wi-Fi, GPS, RFID and Bluetooth), & Application (Real-Time Tracking, Proximity Sensors) - ResearchAndMarkets.com |
BUCHANAN, Va., July 24, 2020 /PRNewswire/ --Buchanan-based Bank of Botetourt (OTCPK: BORT) announced today its unaudited financial results for the three months-end June 30, 2020. The Bank produced net income amounting to $1,172,000 or $0.68 per basic share in the second quarter. This amount compares to a net income of $1,104,000 or $0.64 per share, for the same period last year. For the six months-ended the Bank produced net income amounting to $2,210,000 or $1.28 per basic share. This amount compares to a net income of $2,258,000 or $1.32 per share, for the same period last year. At June 30, 2020, select financial information and key highlights include: Return on average assets of 0.84% Return on average equity of 8.63% Book value of $30.28 $1.19 million year-to-date provision for loan losses 455 loans for $29.5 million funded under the federal Paycheck Protection Program ("PPP") Loan extensions, skip-a-payments, and modifications totaled 230 loans with balances of $56.1 million Community Bank Leverage Ratio ("CBLR") of 9.44% As a result of the solid financial performance, the Board of Directors voted to pay the $0.175 per share quarterly dividend, or $0.70 per share annualized which is payable on August 19, 2020 to shareholders of record August 12, 2020. President & CEO, G. Lyn Hayth, III stated "Our second quarter financial results exceeded budget expectations. We remain cautiously optimistic as we navigate the uncertain economic conditions amid the health pandemic. Bank of Botetourt assisted many customers with their financial needs during this unprecedented time. We continue to monitor the local and national economic conditions and will continue to work appropriately with impacted customers." Results of Operations Net income for the three months ended June 30, 2020 was $1,172,000 compared to $1,104,000 for the same period last year, representing an increase of $68,000 or 6.2%. Basic and diluted earnings per share increased $0.04 from $0.64 at June 30, 2019 to $0.68 at June 30, 2020. The increase in net income is primarily attributed to an increase in net interest income resulting from higher loan demand resulting in more loan interest income and fees on loans. The Bank has realized continued strong loan demand in 2020 as net loans increased 10.6%. Interest and fees on loans at June 30, 2020 increased $230,000, or 4.5%, over the same three-month time period of 2019. Total interest income increased $166,000 or 3.1%. Interest expense increased by $74,000, or 6.5%, at June 30, 2020 over the same three-month time period of 2019. The higher interest expense is a result of both interest expense related to borrowings and an increase the balances of interest-bearing deposits. The resulting net interest income was $4,247,000 for the three months-ended June 30, 2020 compared to $4,155,000 for the three month-ended June 30, 2019, an increase of 2.2%. The provision for loan losses was $745,000 for the three months ended June 30, 2020 as compared to $400,000 for June 30, 2019. The higher provision is due to an increase in a recession probability predictor in the Bank's environmental factors portion of the allowance for loan loss reserve calculation. With the far-reaching economic impacts resulting from COVID-19, the likelihood of recession necessitated the need for a higher provision beyond the overall growth in the loan portfolio. In determining the estimated allowance, the Bank considered national and local unemployment trends, market conditions, social distancing impacts on area non-essential businesses, and customer requests for payment deferrals. Net charge-offs were $107,000 at June 30, 2020 as compared to 239,000 at June 30, 2019. Noninterest income decreased by $83,000, or 8.6%, to $885,000 for the three months ended June 30, 2020 compared to $968,000 for same time period of 2019. The decrease is attributable primarily to a decrease in fee income from services charges on deposit accounts and revenue from brokerage services. Noninterest expense decreased $398,000 from $3,315,000 at June 30, 2019 to $2,917,000 at June 30, 2020. The decrease is primarily related to an offset in the ASC-360 salaries cost from the high volume of PPP loans generated during the three-month time period. The salaries expense offset is expected to reverse over the life of the PPP loans. Income tax expense for the three months ended June 30, 2020 was $298,000 compared to $304,000 one year prior. Net income for the six months ended June 30, 2020 was $2,210,000 compared to $2,258,000 for the same period last year, representing a decrease of $48,000 or 2.1%. Basic and diluted earnings per share decreased $0.04 from $1.32 at June 30, 2019 to $1.28 at June 30, 2020. The decrease in net income is primarily attributed to an increase in a higher provision for loan losses related to the uncertain economic conditions related to the COVID-19 health pandemic. Provision for loan losses totaled $1,190,000 at June 30, 2020 compared to $595,000 at June 30, 2019. The 100.0% increase is related to growth in the portfolio as well as accounting for the environmental factors related to the large span of industries negatively impacted by the social distancing guidance, unemployment claims, and the anticipated expiration of the temporary increase in unemployment compensation benefits under the Federal Pandemic Unemployment Compensation program. Financial Condition At June 30, 2020 total assets amounted to $576,704,000, an increase of 17.0% above total assets at December 31, 2019 of $492,817,000, an increase of $83,887,000. Total net loans increased $44,844,000 or 10.6% from $421,417,000 at December 31, 2019 to $466,261,000 at June 30, 2020. Approximately $29,500,000 of the growth was related to PPP lending. Total deposits at December 31, 2019 amounted to $434,268,000, compared to $510,126,000 at June 30, 2020, an increase of 17.5% or $75,858,000. The majority of the increase in deposits was organic growth. In addition, a substantial majority of the PPP loan proceeds were deposited to accounts at the Bank. Stockholders' equity totaled $52,154,000 at June 30, 2020 compared to $50,269,000 at December 31, 2019. The $1,885,000 increase during the period is net income for 2020, net proceeds from the issuance of common stock from the Dividend Reinvestment and Stock Purchase Plan, a reduction in accumulated other comprehensive loss and partially offset by dividends paid. Non-Performing Assets Non-performing assets, which consist of nonaccrual loans and foreclosed properties increased from $3,200,000 at December 31, 2019 to $4,534,000 at June 30, 2020. The increase is attributable to an uptick in nonaccrual loans. Nonaccrual loans were $656,000 at December 31, 2019 compared to $2,194,000 at June 30, 2020. There were nine new additions to nonaccruals loans during the quarter, five of which are related to one spec construction and land development borrower. A loan is considered impaired if it is probable that the Bank will be unable to collect all amounts due under the contractual terms of the loan agreement. Impaired loans amounted to $1,500,000 at December 31, 2019, compared to $3,000,000 at June 30, 2020. The increase is related to the addition of 13 impaired loans in various loan categories. Loss exposure on impaired loans at December 31, 2019 was $310,000 compared to $512,000 and June 30, 2020 after obtaining current appraisals on collateral securing a significant number of impaired loans in the portfolio and estimating selling costs based on historical experience. The Bank historically makes a conscious effort to attempt work-out loan scenarios with past due customers. In some cases, loan restructuring is appropriate. Bank management has procedures and processes in place to identify, monitor, and report troubled debt restructurings. At June 30, 2020, troubled debt restructurings ("TDRs") totaled $1,069,000 and were spread among various loan categories. No new TDRs have been identified in 2020. Capital Ratios The federal banking agencies jointly issued a final rule, effective January 1, 2020, that provided for an optional, simplified measure of capital adequacy, the community bank leverage ratio framework, for qualifying community banking organizations, consistent with Section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. A qualifying community banking organization is defined as having less than $10 billion in total consolidated assets, a leverage ratio greater than 9%, off-balance sheet exposures of 25% or less of total consolidated assets, and trading assets and liabilities of 5% or less of total consolidated assets. It also cannot be an advanced approaches institution. Bank of Botetourt qualified and elected to opt-in to the Community Bank Leverage Ratio ("CBLR"). As of June 30, Bank of Botetourt reported its CBLR ratio at 9.44% which exceeds the required regulatory minimum ratio. The CARES Act temporarily reduced the CBLR minimum ratio from 9.0% to 8.0% through December 31, 2020. Paycheck Protection Program Bank of Botetourt is participating in the Paycheck Protection Program ("PPP") initiated by the U.S. Department of the Treasury on April 3, 2020. As of June 30, 2020, the Bank has processed and received approval from the U.S. Small Business Administration on 455 applications for approximately $29.5 million. Bank of Botetourt initially has funded these loans using its on-balance sheet liquidity. The Bank is assessing its anticipated liquidity needs for the remainder of 2020 and will replenish a portion of liquidity used to fund the PPP loans, if needed, by borrowing from the newly created Payroll Protection Program Lending Facility ("PPPLF") at the Federal Reserve Bank of Richmond. The Bank earned $1,190,000 from the SBA for generating the PPP loans. This revenue will be recognized over the life of the PPP loans. COVID-19 Customer & Employee Care Bank of Botetourt continues to take numerous steps to assist our customers and employees during the pandemic. For loan customers impacted by COVID-19, the Bank has granted extensions, skip-a-payment, and modifications consistent with regulatory guidance for 230 loans with balances of $56.1 million. For depositing customers, the Bank is permitting unlimited withdrawals from savings accounts without additional fee or penalty as announced and permitted by banking regulators. All of our offices remain open, although our lobbies are under controlled access. When customers enter our branches, facemasks are required for all parties. Plexiglass shields and social distancing floor markers have been installed in our offices. For our employees, we continue to provide flexible work practices as approximately 30% to work remotely and thereby promote social distancing. We have had no layoffs as a result of COVID-19. Non-essential work travel is not permitted. We continue to use online meeting platforms for social distancing. About Bank of Botetourt Bank of Botetourt was chartered in 1899 and operates twelve retail offices in Botetourt, Rockbridge, Roanoke, and Franklin counties and the City of Salem, all in Virginia. Bank of Botetourt also operates a mortgage division, Virginia Mountain Mortgage and a financial services division, Botetourt Wealth Management. Bank of Botetourt Balance Sheets, unconsolidated June 30, 2020 (unaudited) and December 31, 2019 (unaudited) (audited) June 30, December 31, 2020 2019 Assets Cash and Due from banks $ 8,062,000 $ 6,914,000 Interest-bearing deposits with banks 59,095,000 19,795,000 Federal funds sold 182,000 302,000 Total cash and cash equivalents 67,339,000 27,011,000 Investment securities available for sale 15,319,000 17,793,000 Loans, net of allowance for loan losses of $5,058,000 at 466,261,000 421,417,000 June 30, 2020 and $3,975,000 at December 31, 2019 Loans held for sale 536,000 - Premises and fixed assets, net 13,605,000 13,419,000 Other real estate owned 2,340,000 2,536,000 Investment in unconsolidated subsidiaries 2,029,000 1,856,000 Other assets 9,275,000 8,785,000 Total assets 576,704,000 492,817,000 Liabilities and Stockholders' Equity Liabilities Noninterest-bearing deposits $ 69,592,000 $ 45,246,000 Interest-bearing deposits 440,534,000 389,022,000 Total deposits 510,126,000 434,268,000 Other liabilities 10,000,000 5,000,000 Total liabilities 4,424,000 3,280,000 524,550,000 442,548,000 Commitments and contingencies - - Stockholders' Equity Common stock, $1.50 par value; 2,500,000 shares authorized; 1,725,107 and 1,720,900 issued and outstanding at June 30, 2020 and at December 31, 2019 respectively Additional paid-in capital 2,588,000 2,581,000 Retained earnings 11,469,000 11,365,000 Accumulated other comprehensive loss 38,864,000 37,257,000 Total stockholders' equity (767,000) (934,000) Total liabilities and stockholders' equity 52,154,000 50,269,000 576,704,000 492,817,000 Bank of Botetourt Income Statement For the Six and Three Months ended June 30, 2020 and 2019 (Unaudited) Six Months EndedJune 30, Three Months EndedJune 30, 2020 2019 2020 2019 Interest income Loans and fees on loans $ 10,741,000 $ 10,022,000 $ 5,361,000 $ 5,131,000 Investment securities: U.S. Treasury and Government Agencies 93,000 97,000 38,000 50,000 All other securities 116,000 85,000 58,000 42,000 Due from depository institutions 50,000 132,000 6,000 73,000 Federal Funds Sold 1,000 3,000 - 1,000 Total Interest income 11,001,000 10,339,000 5,463,000 5,297,000 Interest expense Deposits 2,430,000 2,167,000 1,156,000 1,142,000 Federal funds purchased - - - - Other borrowings 60,000 - 60,000 - Total Interest expense 2,490,000 2,167,000 1,216,000 1,142,000 Net Interest Income 8,511,000 8,172,000 4,247,000 4,155,000 Provision for loan losses 1,190,000 595,000 745,000 400,000 Net Interest Income after provision for loan losses 7,321,000 7,577,000 3,502,000 3,755,000 Noninterest income Service charges on deposit accounts 306,000 330,000 111,000 176,000 Securities brokerage and annuities 59,000 63,000 26,000 39,000 Other income, net of gains 1,543,000 1,248,000 748,000 753,000 Total noninterest income 1,908,000 1,641,000 885,000 968,000 Noninterest expense Salaries and employee benefits 2,817,000 3,050,000 1,096,000 1,531,000 Premises and fixed assets expense 731,000 686,000 364,000 344,000 Other expense 2,911,000 2,633,000 1,457,000 1,440,000 Total noninterest expense 6,459,000 6,369,000 2,917,000 3,315,000 Income before income taxes 2,770,000 2,849,000 1,470,000 1,408,000 Income tax expense 560,000 591,000 298,000 304,000 Net income $ 2,210,000 $ 2,258,000 $ 1,172,000 $ 1,104,000 Basic earnings per share $ 1.28 $ 1.32 $ 0.68 $ 0.64 Diluted earnings per share $ 1.28 $ 1.32 $ 0.68 $ 0.64 Dividends declared per share $ 0.350 $ 0.32 $ 0.175 $ 0.16 Basic weighted average shares outstanding 1,722,683 1,715,379 1,723,712 1,714,416 Diluted weighted average shares outstanding 1,722,683 1,715,379 1,723,712 1,714,416 SOURCE Bank of Botetourt Related Links http://www.bankofbotetourt.com | Bank of Botetourt posts solid second quarter financial results |
MUNICH, Germany--(BUSINESS WIRE)--SimScale GmbH, the provider of the worlds first production-ready SaaS application for engineering simulation, today announced a major platform development to enable integration and automation with their new application programming interface (API). The feature allows designers, engineers, and computational designers to link their preferred CAD tools directly to the SimScale simulation engine via the API. When designers need to use the power of computational fluid dynamics (CFD) to optimize the performance of their designs, the typical workflow is to import a CAD model into the CFD software and run the simulation. This means the simulation process goes from the designer to simulation specialist in a cumbersome process which stifles the iterative design process as well as resulting findings, especially during early design stages. SimScales API now allows direct integration with a CAD software stack like Rhino and Grasshopper. Launching the API with a first integrated solution, a designer or architect can now use Rhino and the SimScale API to directly send a geometry to SimScale, and simulate multiple design iterations in parallel. This process can be further automated and streamlined into apps to deliver multiple design scenarios and results quickly. Collaboration and admin features also allow for this process to be managed, and quality assured by expert users within an organization. Urban designers, architects, and engineers using SimScale can now do the following with minimum input: To learn more about how SimScales cloud-based computer-aided engineering (CAE) platform can help designers, visit SimScales blog. About SimScale: SimScale is the worlds first production-ready SaaS application for simulation. By providing instant access to (CFD) and (FEA) to over 200,000 users, SimScale has moved high-fidelity physics simulation technology from a complex and cost-prohibitive desktop application to a user-friendly cloud application accessible via a subscription-based pricing model. For more information, visit www.simscale.com/. | SimScale Develops API and Digital Wind Tunnel Solution for AEC The cloud-based simulation platform now integrates with CAD software directly |
SEATTLE--(BUSINESS WIRE)--IMDb (www.imdb.com), the worlds most popular and authoritative source for movie, TV and celebrity content, today unveiled the Top 10 TV Shows of 2020 and, for the first time ever, the Top 10 Docuseries and Top 10 Reality and Competition TV Series. Rather than base its annual rankings on small statistical samplings or reviews from professional critics, IMDb determines its list of most popular shows from the IMDbPro proprietary rankings of shows based on the actual page views of the more than 200 million monthly visitors to IMDb. IMDb Top 10 TV Shows of 2020* * The 10 TV shows which consistently charted highest on the proprietary weekly TV rankings on IMDbPro throughout 2020. IMDbPro rankings are based on the actual page views of the more than 200 million monthly visitors to IMDb worldwide. IMDb users can add these and other titles to their IMDb Watchlist at https://www.imdb.com/watchlist. IMDb Top 10 Docuseries of 2020* *The 10 docuseries which consistently charted highest on the proprietary weekly TV rankings on IMDbPro throughout 2020. IMDbPro rankings are based on the actual page views of the more than 200 million monthly visitors to IMDb worldwide. IMDb users can add these and other titles to their IMDb Watchlist at https://www.imdb.com/watchlist. IMDb Top 10 Reality and Competition Series of 2020 *The 10 reality and competition series which consistently charted highest on the proprietary weekly TV rankings on IMDbPro throughout 2020. IMDbPro rankings are based on the actual page views of the more than 200 million monthly visitors to IMDb worldwide. IMDb users can add these and other titles to their IMDb Watchlist at https://www.imdb.com/watchlist. Though reality TV was in its infancy when IMDb was founded 30 years ago, its grown enormously in terms of the diversity, scale and, in many cases, prestige of its offerings, said Brian Carver, Head of Content and Licensing for IMDb. We are pleased to expand our annual lists to include for the first time ever, the reality-based shows that had many of us hooked this year. We thank our worldwide community of entertainment professionals, individual contributors and other trusted sources for submitting key details of these and other reality shows so fans can learn more and make informed decisions about what to watch. 2020 proved to be a standout year for TV and streaming series, with an eclectic assortment of true breakout shows, turning many of these programs including The Boys, The Queens Gambit, Tiger King, The Last Dance and Too Hot to Handle into cultural moments and sending fans and professionals straight to IMDb to learn more about the stars and creators, said Keith Simanton, Managing Editor for IMDbPro. Its also notable that many of the top reality programs have had exceptionally long runs, including an incredible 40 cycles of Survivor and 12 seasons of RuPauls Drag Race. We celebrate these shows for their ongoing creativity and longevity, keeping fans coming back for more, year after year. The IMDb Best of 2020 section features a variety of additional year-end Top 10 lists as well as retrospective photo galleries, trailers, original videos (including an upcoming In Memoriam video) and other year-end coverage. To visit the IMDb Best of 2020 section, go to: https://www.imdb.com/best-of. Also available today, IMDb has released a special episode of the Movies That Changed My Life podcast, featuring IMDb Founder and CEO Col Needham. Host Ian de Borja and Needham review the top films and TV series they enjoyed throughout the year. Movies That Changed My Life is available wherever podcasts are found, including Amazon Music, Spotify, Apple Podcasts, Google Podcasts, www.IMDb.com/podcasts and through IMDbs iOS and Android apps. Additional insight into trending movies, TV shows and celebrities, with rankings updated weekly, is available to IMDbPro members throughout the year on both the site (http://www.imdbpro.com) and apps for iPhone, iPad and Android. IMDbPro includes comprehensive information and tools designed to help entertainment industry professionals achieve success throughout all stages of their career. IMDbPro offers members the following: detailed contact and representation information; more than 25,000 in-development film and TV titles not available on IMDb; tools to manage and showcase their IMDb profile, including selecting their primary images and the credits they are best known for; IMDbPro Track, with which members can receive personalized entertainment industry news and updates on the people and film and TV projects they want to follow; and a convenient tool that generates custom digital assets to promote their work on social media and other platforms. The recently launched IMDbPro Discover tool, now available in beta mode to all members for free on a limited-time basis, empowers members to find people based on a variety of key IMDb data including experience and expertise. The Discover tool is ideal for casting directors looking to cast a project as well as producers, directors, showrunners, department heads and others hiring a team or building lists of people. It also includes advanced features to customize, export and share lists. To become a member today, visit www.imdbpro.com. About IMDb IMDb is the world's most popular and authoritative source for information on movies, TV shows and celebrities. Products and services to help fans decide what to watch and where to watch it include: the IMDb website for desktop and mobile devices; apps for iOS and Android; and X-Ray on Prime Video. IMDb also offers a free streaming channel, IMDb TV, and produces IMDb original video series and podcasts. For entertainment industry professionals, IMDb provides IMDbPro and Box Office Mojo. IMDb licenses information from its vast and authoritative database to third-party businesses worldwide; learn more at developer.imdb.com. IMDb is an Amazon company. For more information, visit imdb.com/press and follow @IMDb. | IMDb Announces Top 10 TV Series of 2020 The Boys is the IMDb Top Scripted TV Show of 2020; Tiger King: Murder, Mayhem and Madness and Too Hot to Handle are the Fan Favorites in the First-Ever IMDb Lists of Docuseries and Reality TV Series Rankings Determined by IMDbPro Data on the Actual Page Views of the Hundreds of Millions of IMDb Customers Worldwide |
SAN DIEGO, Aug. 19, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Momenta Pharmaceuticals, Inc.("Momenta" or the "Company") (NASDAQ: MNTA)breached their fiduciary duties in connection with the proposed sale of the Company to Johnson & Johnson (NYSE: JNJ). On August 19, 2020, Momenta announced that it had entered into a definitive merger agreement with Johnson & Johnson. Under the terms of the acquisition agreement, the Company's shareholders will receive $52.50 per share in cash. The investigation concerns whether the Momenta board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Momenta shares of common stock. If you are a shareholder of Momenta and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ([emailprotected]) at 619-814-4471.If emailing, please include a phone number. Additionally, you can [Click here to join this action]. There is no cost or obligation to you. About Johnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes. Contact:Johnson Fistel, LLPJim Baker, 619-814-4471[emailprotected] [Click here to join this action] SOURCE Johnson Fistel, LLP Related Links http://www.johnsonfistel.com | (MNTA) Alert: Johnson Fistel Investigates Proposed Sale of Momenta Pharmaceuticals; Are Shareholders Getting a Fair Price? |
DAVIS, Calif., April 1, 2020 /PRNewswire/ --Arcadia Biosciences, Inc.(Nasdaq: RKDA), a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, today announced that Randy Shultz, Ph.D. has been promoted to the role of chief technology officer. Shultz joined Arcadia in 2019 as head of research and development and has played a vital role in the development of cutting-edge breeding technologies, deployed in close partnership with the hemp grower community. In this new, elevated position, he will oversee the execution of Arcadia's strategic, multi-year plan to become a market leader in high-value hemp innovations, as well as continue to advance next generation products through the company's GoodWheatTM pipeline. Randy Shultz, Ph.D. Since launching its hemp operations in February of 2019, Arcadia has been rapid-prototyping novel non-GM hemp varieties that target quality and performance characteristics highly desired by growers to overcome their greatest challenges working directly with them in field deployment and monitoring to accelerate their speed to success. This new and proprietary discovery process, ArcaTech, combines Arcadia's modern breeding science and genomics technology with real-time market intelligence from the field. Elite growers who enroll in the company's GoodHempTM Innovation Partners program located in six major hubs including Hawaii, the Pacific Northwest, Southern California, Northern California, the Desert Southwest and the Mountain West will provide an invaluable feedback loop to guide Arcadia's development strategies. "We're fortunate to have a seasoned and innovative R&D strategist like Randy at the helm as we enact and expedite our plans for the budding multi-billion dollar hemp industry," said Matthew Plavan, Arcadia's president and CEO. "Randy has played an integral role in the development and rollout of ArcaTech, a proprietary crop-agnostic discovery platform that will help us meet growers' demand for quality and compliant seeds and unlock the full potential of this plant in the industrial and food ingredient markets." Shultz has 20 years of experience in plant science and agricultural biotechnology. Before joining Arcadia, he served as director of R&D and senior director of R&D strategy at Inari Agriculture. As the global crop lead,Shultz played an instrumental role building and scaling Inari's R&D platform and developing a foundational intellectual property estate. Previously, Shultz led numerous scientific production teams at Monsanto (now Bayer Crop Science), including their Genome Editing Platform team."Since joining Arcadia last year, it has been rewarding to apply my experience in plant breeding and genomics to the improvement of a previously uncharted crop like hemp," said Shultz. "It's an honor to accept this new role building out a disruptive technology platform for Arcadia that holds such promise for growers, businesses and consumers alike."Shultz received his Ph.D. in functional genomics from North Carolina State University and his B.S. degree from the University of Wisconsin, Madison. He has authored over a dozen patents and publications.About Arcadia Biosciences, Inc. Arcadia Biosciences (Nasdaq: RKDA) is a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients. The company's GoodWheat branded ingredients deliver health benefits to consumers and enable consumer packaged goods companies to differentiate their brands in the marketplace. Arcadia's agricultural traits are being developed to enable farmers around the world to be more productive and minimize the impact of agriculture on the environment. The company's new GoodHemp seed catalog delivers genetically superior hemp seeds, clones, transplants, flower and extracts, applying the company's proprietary crop innovation technology, ArcaTech, to an emerging crop.For more information, visitwww.arcadiabio.com.Note Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. These risks and uncertainties include, but are not limited to: Arcadia's and its partners' and affiliates' expectations about the legal cannabis industry and potential demand for our products; the uncertainty of the laws and regulations relating to hemp and products derived therefrom; the inherent uncertainty associated with the development of new projects; the acceptance of our products in the marketplace; the impact of competitive products and pricing; risks related to costs, delays and uncertainties associated with potential future scientific research; our future capital requirements and ability to satisfy our capital needs; ; and the other risks set forth in Arcadia's filings with the Securities and Exchange Commission from time to time, including the risks set forth in Arcadia's Annual Report on Form 10-K for the year ended December 31, 2019 and other filings. These forward-looking statements speak only as of the date hereof, and Arcadia Biosciences, Inc. disclaims any obligation to update these forward-looking statements.LinkedIn:Arcadia BiosciencesTwitter:@ArcadiaAgSOURCE Arcadia Biosciences, Inc. Related Links http://arcadiabio.com | Arcadia Biosciences Promotes Randy Shultz, Ph.D. to Chief Technology Officer - Shultz has been instrumental in accelerating novel non-GM hemp varieties with ArcaTech, Arcadia's proprietary rapid prototyping and development platform - |
TULSA, Okla.--(BUSINESS WIRE)--Argonaut Private Equity, a Tulsa, Okla.-based private equity fund, announced the acquisition of the assets of Pioneer Well Services, a subsidiary of Pioneer Natural Resources. Located in the heart of the Permian Basin, the operation is now doing business as American Well Services and provides well service rigs for workover or completions operations and wellsite support services including, fluid transfer, hot oiling, frac tank rental and wellsite construction. American Well Services announced the retention of substantially all employees related to the operations, and an extensive amount of assets including a fleet of rigs, water hauling trucks, frac tanks, hot oil units, fishing packages and heavy machinery for construction services. The acquisition of the Pioneer Well Services assets allows us to partner with one of the premier operators in the Permian Basin in Pioneer Natural Resources, while leveraging our experience in the oil and gas industry and an unlevered balance sheet for American Well Services to continue its track record of providing first-class service and safety, said Steve Mitchell, Argonaut CEO. American Well Services will partner with existing Argonaut portfolio company, Nichols Oil Tools. The combination of both companies enables additional services to be bundled to provide production and completions solutions for operators in the Permian basin. We are beyond excited about the opportunity to continue and build on our relationship with Pioneer, said Kent Easter, Chief Operating Officer for Nichols Oil Tools. We also look forward to being able to offer the services provided by American Well Services to our existing customer base and any prospective customers of Nichols Oil Tools, creating a better, more streamlined experience to service our customers needs. Founded in 2002, Argonaut Private Equity has deployed over $3 billion of capital in direct investments across key industry sectors including manufacturing, industrials and energy services. Simmons Energy | A Division of Piper Sandler served as the exclusive financial advisor to Pioneer Natural Resources on its sale of Pioneer Well Services. About American Well Services American Well Services provides well service rigs for workover or completions operations and wellsite support services including, fluid transfer, hot oiling, frac tank rental and wellsite construction. AWS is managed by industry veterans and services blue-chip customers in the Permian Basin with a substantial asset base, strong safety culture and industry-leading operating procedures. American Well Services has partnered with Nichols Oil Tools to provide a full suite of completions and workover solutions to customers in the Permian Basin. About Argonaut Private Equity Founded in 2002, Argonaut Private Equity is a Tulsa-based private equity firm with $3 billion of capital deployed in direct investments across key industry sectors including manufacturing, industrials and energy services. Argonaut partners with companies to develop a strategy for accelerating growth and enhancing operations. In 2018, Argonaut raised Argonaut Private Equity Fund IV to continue its history of generating attractive investment returns through a disciplined approach and aligning interests with those of its investors and business partners. | Argonaut Private Equity Acquires Pioneer Well Services Assets Argonaut rebrands operation as American Well Services |
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION 11 December 2020 YES: 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) 1p ordinary Interests Short Positions Number (%) Number (%) (1) 608,622 0.46% 39,131 0.03% (2) 39,131 0.03% 603,225 0.45% (3) 0 0.00% 0 0.00% 647,753 0.49% 642,356 0.48% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Number of Price per unit securities 2,456 2.0051 GBP 8,099 1.9920 GBP 9,183 1.9881 GBP 13,361 1.9973 GBP 2,923 1.9980 GBP 3,229 1.9932 GBP 4,870 1.9914 GBP (b) Cash-settled derivative transactions Class of Nature of dealing Number of Price per relevant reference unit security securities 1p ordinary Long 2,923 1.9978 GBP 1p ordinary Short 1,835 1.9921 GBP 1p ordinary Short 2,456 2.0051 GBP 1p ordinary Short 9,183 1.9881 GBP 1p ordinary Short 11,526 1.9981 GBP (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none None (c) Attachments 14 Dec 2020 Large Holdings Regulatory Operations 020 3134 7213 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panels Market Surveillance Unit. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk. | Form 8.3 - TELIT COMMUNICATIONS PLC |
DUBLIN, July 6, 2020 /PRNewswire/ -- The "Progressive supranuclear palsy (PSP) - 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 disease, historical & forecasted epidemiology as well as the market trends of Progressive supranuclear palsy in the United States, EU5 (Germany, Spain, Italy, France and United Kingdom) and Japan.The report provides the current treatment practices, emerging drugs, market share of the individual therapies, current and forecasted market size of Progressive supranuclear palsy from 2017 to 2030 segmented by seven major markets. The report also covers current treatment practice/algorithm, market drivers, market barriers and unmet medical needs to curate best of the opportunities and assess underlying potential of the market.EpidemiologyThe Progressive supranuclear palsy epidemiology division provide the insights about historical and current patient pool and forecasted trend for every 7 major countries. It helps to recognize the causes of current and forecasted trends by exploring numerous studies and views of key opinion leaders. This part of The report also provides the diagnosed patient pool and their trends along with assumptions undertaken.The disease epidemiology covered in the report provides historical as well as forecasted epidemiology (Prevalence of Progressive supranuclear palsy, Phenotype associated with Progressive supranuclear palsy, Gender specific Prevalence of Progressive supranuclear palsy, Comorbidities associated with Progressive supranuclear palsy) scenario of Progressive supranuclear palsy in the 7MM covering United States, EU5 countries (Germany, Spain, Italy, France and United Kingdom) and Japan from 2017-2030.According to the publisher estimate, there were 98,498 cases of Progressive supranuclear palsy in 7MM in 2017.Drug ChaptersThis segment of the Progressive supranuclear palsy report encloses the detailed analysis of pipeline drugs (Phase-I and Phase-II). It also helps to understand the clinical trial details, expressive pharmacological action, agreements and collaborations, approval, advantages and disadvantages of each included drug and the latest news and press releases.Currently, there is no disease-modifying treatment for PSP. The aim of existing treatments is symptomatic. While there is currently no disease modifying therapy for PSP, some treatment strategies have been successful for symptomatic management. There is typically a poor response to levodopa in PSPRS patients. However, some patients with the PSP-P phenotype may show moderate motor improvement with levodopa for the first 2-3 years. Dopamine agonists and amantadine have also been observed to provide benefit in a few PSP-P patients during the early years. Other supportive approaches involve use of Botulinum toxin and Rivastigmine.Market OutlookThe Progressive supranuclear palsy market outlook of the report helps to build the detailed comprehension of the historic, current and forecasted trend of the market by analyzing the impact of current therapies on the market, unmet needs, drivers and barriers and demand of better technology.This segment gives a through detail of market trend of each marketed drug and late-stage pipeline therapy by evaluating their impact based on annual cost of therapy, inclusion and exclusion criteria's, mechanism of action, compliance rate, growing need of the market, increasing patient pool, covered patient segment, expected launch year, competition with other therapies, brand value, their impact on the market and view of the key opinion leaders. The calculated market data are presented with relevant tables and graphs to give a clear view of the market at first sight.According to the publisher, the market of Progressive supranuclear palsy in 7MM was found to be USD 10.54 Million in 2017, and is expected to increase during the course of the study period (2017-2030). Among the 7MM, the United States accounts for the largest market size of Progressive supranuclear palsy , in comparison to EU5 (the United Kingdom, Germany, Italy, France, and Spain) and Japan.Drugs UptakeThis section focusses on the rate of uptake of the potential drugs recently launched in the market or will get launched in the market during the study period from 2017-2030. The analysis covers market uptake by drugs; patient uptake by therapies and sales of each drug.This helps in understanding the drugs with the most rapid uptake, reasons behind the maximal use of new drugs and allows the comparison of the drugs on the basis of market share and size which again will be useful in investigating factors important in market uptake and in making financial and regulatory decisions.Key Topics Covered 1 Key Insights2 Executive Summary of Progressive Supranuclear Palsy3 SWOT Analysis for Progressive Supranuclear Palsy4 Progressive Supranuclear Palsy (PSP) Market Overview at a Glance4.1 Market Share (%) Distribution of Progressive Supranuclear Palsy (PSP) in 20174.2 Market Share (%) Distribution of Progressive Supranuclear Palsy (PSP) in 20305 Disease Background and Overview: Progressive Supranuclear Palsy (PSP)5.1 Introduction5.2 Signs and symptoms5.3 Phenotypes of Progressive Supranuclear Palsy5.4 History5.5 Associated risk factors5.6 Genetics5.7 Pathophysiology5.8 PSP associated abnormalities5.9 Clinical Presentation and Assessment5.1 Clinical Diagnosis of Progressive Supranuclear Palsy: The Movement Disorder Society Criteria5.11 PET Imaging as a Biomarker in Tauopathies6 Epidemiology and Patient Population6.1 Key Findings6.2 7MM Total Prevalent Patient Population of Progressive Supranuclear Palsy [PSP]7 Country Wise-Epidemiology of Progressive Supranuclear Palsy (PSP)7.1 The United States7.1.1 Assumptions and Rationale7.1.2 Total Prevalent Patient Population of PSP in the United States7.1.3 Phenotype associated with PSP in the United States7.1.4 Gender specific Prevalence of PSP in the United States7.1.5 Comorbidities associated with PSP in the United States7.2 Europe7.3 Japan8 Treatment8.1 Current Symptomatic Treatment9 Unmet Needs10 Emerging drugs10.1 AZP2006: Alzprotect10.1.1 Product Description10.1.2 Other Development Activities10.1.3 Clinical Development10.1.3.1 Clinical Trials Information10.1.4 Safety and efficacy10.2 UCB0107: UCB Biopharma10.3 ASN 120290: Asceneuron10.4 RT001: Retrotope11 Progressive Supranuclear Palsy (PSP): 7 Major Market Analysis11.1 Key Findings11.2 Total Market Size of PSP in 7MM11.3 Market Outlook: 7MM12 United States12.1 Total Market size of PSP12.2 PSP Market Size by Therapies13 EU5 Countries13.1 Germany13.1.1 Total Market size of PSP13.1.2 PSP Market Size by Therapies13.2 France13.3 Italy13.4 Spain13.5 United Kingdom14 Japan14.1 Total Market size of PSP14.2 PSP Market Size by Therapies15 Market Drivers16 Market BarriersCompanies Mentioned AlzProtect UCB Biopharma Asceneuron Retrotope For more information about this drug pipelines report visit https://www.researchandmarkets.com/r/xov6iq 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 | Global Progressive Supranuclear Palsy (PSP) Markets, 2017-2030 - Featuring AlzProtect, UCB Biopharma, Asceneuron & Retrotope Amongst Others |
DUBLIN--(BUSINESS WIRE)--The "Global Hot Stamping Foils Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the hot stamping foils market and it is poised to grow by $124.50 million during 2020-2024 progressing at a CAGR of 2% during the forecast period. The report on hot stamping foils market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the use of hot foil stamping to improve package aesthetics and attract customers and demand for anti-counterfeit packaging. The hot stamping foils market analysis includes product segment and geographical landscapes. This study identifies the growing demand for FMCG/CPG products in emerging countries as one of the prime reasons driving the hot stamping foils market growth during the next few years. Companies Mentioned The report on hot stamping foils market covers the following areas: The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth. Key Topics Covered: 1. Executive Summary 2. Market Landscape 3. Market Sizing 4. Five Forces Analysis 5. Market Segmentation by Substrate 6. Market Segmentation by Product 7. Customer Landscape 8. Geographic Landscape 9. Vendor Landscape 10. Vendor Analysis 11. Appendix For more information about this report visit https://www.researchandmarkets.com/r/arx6jm | Worldwide Hot Stamping Foils Industry to 2024 - Key Drivers, Challenges and Trends - ResearchAndMarkets.com |
MILWAUKEE--(BUSINESS WIRE)--Enerpac Tool Group Corp. (NYSE: EPAC) (the Company) today announced results for its fiscal second quarter ended February 28, 2021. Our second quarter showed a number of encouraging signs in the face of a market that continues to be affected by the COVID-19 pandemic, said Randy Baker, Enerpac Tool Groups President and CEO. As anticipated, we saw a sequential sales increase despite the seasonal decrease we typically see in the second quarter. I am encouraged by the positive sentiment among our distributors with some modest improvement in stocking activity in the quarter along with the overall improving level of project activity we are experiencing. Collectively, these serve as clear indicators of the ongoing market recovery. Mr. Baker added, As we have progressed through the pandemic we have kept a long-term view of our business and remained focused on our key strategic initiatives, including investing in new product development, managing our acquisition pipeline, driving greater levels of dealer and customer engagement, and building a culture of inclusion and acceptance for our employees. At the same time, we have been disciplined in our response to shorter term challenges and we have maintained our strong balance sheet, paying down $45 million in debt in the quarter with leverage well within our preferred range. As we move forward and enter a post-COVID world, we believe we are well-positioned to capitalize on growth and increase both profitability and shareholder returns as we pursue our long-term vision as a pure play industrial tool company. Consolidated Results from Continuing Operations (US$ in millions, except per share) Three Months Ended Six Months Ended February 28, 2021 February 29, 2020 February 28, 2021 February 29, 2020 Net Sales $120.7 $133.4 $240.1 $280.1 Net Income $3.6 $3.9 $8.4 $10.3 Earnings Per Share $0.06 $0.06 $0.14 $0.17 Adjusted Diluted Earnings Per Share $0.06 $0.09 $0.15 $0.21 Industrial Tools & Services (IT&S) (US$ in millions) Three Months Ended Six Months Ended February 28, 2021 February 29, 2020 February 28, 2021 February 29, 2020 Sales $112.7 $123.4 $224.9 $259.0 Operating Profit $13.9 $20.6 $31.0 $46.6 Adjusted Op Profit (1) $14.9 $21.0 $32.2 $46.9 Adjusted Op Profit % (1) 13.2% 17.0% 14.3% 18.1% (1) Excludes $0.6 million of restructuring charges and $0.4 million of impairment & divestiture charges in the second quarter of fiscal 2021 compared to $1.0 million of restructuring charges, $0.8 million of net impairment & divestiture gains, along with $0.2 million of purchase accounting charges in the second quarter of fiscal 2020. The six months ended February 28, 2021 excludes $0.7 million of restructuring charges and $0.5 million of net impairment & divestiture charges compared to $2.2 million of restructuring charges, $2.1 million of net impairment & divestiture gains and $0.2 million of purchase accounting charges. Corporate Expenses and Income Taxes (excluding restructuring items) Discontinued Operations Discontinued operations represent operating results for the divested EC&S segment through the October 31, 2019 completion date of the divestiture, as well as impacts from certain retained liabilities subsequent to the completion date. Balance Sheet and Leverage (US$ in millions) Period Ended February 28, 2021 November 30, 2020 February 29, 2020 Cash Balance $115.3 $158.6 $163.4 Debt Balance $210.0 $255.0 $286.4 Net Debt to Adjusted EBITDA** 2.1 1.9 1.3 Net debt at February 28, 2021 was approximately $95 million (total debt of $210 million less $115 million of cash), which decreased approximately $1 million from the prior quarter. Net Debt to Adjusted EBITDA from continuing operations was 2.1x at February 28, 2021. **Calculated in accordance with the terms of the Companys March 2019 Senior Credit Facility Outlook Mr. Baker continued, While some uncertainty remains as we enter the back half of our fiscal year, we are optimistic that growth will continue to accelerate in the coming months as demand improves and our markets return to a normalized level of activity. For the second half of fiscal 2021, and barring any worsening COVID-19 conditions or related shutdowns, we expect sales to be in a range of $280 million to $290 million with continuing sequential improvement through the end of the fiscal year and anticipate incremental adjusted EBITDA margins on the high end of 35% to 45%, excluding the impact of currency. We expect to return to pre-COVID run rates as we exit the fiscal year. Mr. Baker concluded, Throughout the pandemic we have continued to drive our strategic initiatives. Looking ahead, we are confident in our ability to grow profitability and deliver increasing value for our shareholders. We look forward to returning to normalized run rates and executing our strategy as a pure play industrial tool company. Conference Call Information An investor conference call is scheduled for 10:00 am CT today, March 24, 2021. Webcast information and conference call materials are available on the Enerpac Tool Group company website (www.enerpactoolgroup.com). Safe Harbor Statement Certain of the above comments represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. Management cautions that these statements are based on current estimates of future performance and are highly dependent upon a variety of factors, which could cause actual results to differ from these estimates. Among other risks and uncertainties, Enerpac Tool Groups results are subject to risks and uncertainties arising from general economic conditions, the COVID-19 pandemic, including the impact of the pandemic or related government responses on the Companys business, the businesses of the Companys customers and vendors, employee mobility, and whether the Companys business and those of its customers and vendors will continue to be treated as essential operations under government orders restricting business activities or, even if so treated, whether site-specific health and safety concerns related to COVID-19 might otherwise require operations to be halted for some period of time, volatile oil pricing, variation in demand from customers, the impact of geopolitical activity on the economy, continued market acceptance of the Companys new product introductions, the successful integration of acquisitions, the impact of restructurings, operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material and labor cost increases, tax law changes, foreign currency fluctuations and interest rate risk. See the Companys Form 10-K for the fiscal year ended August 31, 2020 filed with the Securities and Exchange Commission for further information regarding risk factors. Enerpac Tool Group disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason. Non-GAAP Financial Information This press release contains financial measures that are not measures presented in conformity with GAAP. These non-GAAP measures include EBITDA from continuing operations, adjusted EBITDA from continuing operations, adjusted earnings (loss) from continuing operations, adjusted diluted earnings (loss) per share from continuing operations, adjusted operating profit from continuing operations, segment adjusted operating profit and net debt. This press release includes reconciliations of historical non-GAAP measures to the most comparable GAAP measure, including in the tables attached to this press release. This press release does not include a reconciliation of non-GAAP measures presented for any future period. Such measures are calculated in a manner consistent with the presentation thereof for historical periods. Management believes the non-GAAP measures presented in this press release are commonly used financial measures for investors to evaluate Enerpac Tool Groups operating performance and financial position with respect to the periods presented and, when read in conjunction with the condensed consolidated financial statements, present a useful tool to evaluate ongoing operations and provide investors with metrics they can use to evaluate aspects of the Companys performance from period to period. In addition, these are some of the financial metrics management uses in internal evaluations of the overall performance of the Companys business. Management acknowledges that there are many items that impact a companys reported results and the adjustments reflected in these non-GAAP measures are not intended to present all items that may have impacted these results. In addition, these non-GAAP measures are not necessarily comparable to similarly titled measures used by other companies. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools and services company serving a broad and diverse set of customers in more than 100 countries. The Companys businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com. February 28, August 31, 2021 2020 $ 115,254 $ 152,170 94,984 84,170 71,774 69,171 43,431 35,621 325,443 341,132 61,258 61,405 284,731 281,154 58,980 62,382 78,589 78,221 $ 809,001 $ 824,294 $ 49,736 $ 45,069 21,769 17,793 3,945 1,937 39,805 40,723 115,255 105,522 210,000 255,000 1,731 1,708 19,164 20,190 81,458 82,648 427,608 465,068 16,576 16,519 197,036 193,492 (667,732 ) (667,732 ) 925,451 917,671 (89,938 ) (100,724 ) (2,996 ) (2,562 ) 2,996 2,562 381,393 359,226 $ 809,001 $ 824,294 Three Months Ended Six Months Ended February 28, February 29, February 28, February 29, 2021 2020 2021 2020 $ 120,654 $ 133,386 $ 240,084 $ 280,060 65,878 71,293 130,044 149,278 54,776 62,093 110,040 130,782 45,883 50,245 89,593 102,076 2,136 2,120 4,272 3,993 649 1,929 859 3,900 401 (768 ) 539 (2,124 ) 5,707 8,567 14,777 22,937 1,338 4,630 3,055 11,359 784 (787 ) 1,058 (468 ) 3,585 4,724 10,664 12,046 1 806 2,258 1,756 3,584 3,918 8,406 10,290 (402 ) (1,756 ) (626 ) (6,007 ) $ 3,182 $ 2,162 $ 7,780 $ 4,283 $ 0.06 $ 0.07 $ 0.14 $ 0.17 0.06 0.06 0.14 0.17 $ (0.01 ) $ (0.03 ) $ (0.01 ) $ (0.10 ) (0.01 ) (0.03 ) (0.01 ) (0.10 ) $ 0.05 $ 0.04 $ 0.13 $ 0.07 0.05 0.04 0.13 0.07 59,938 60,130 59,874 60,106 60,269 60,513 60,180 60,557 Three Months Ended Six Months Ended February 28, February 29, February 28, February 29, 2021 2020 2021 2020 $ 4,608 $ (4,209 ) $ 13,500 $ (8,304 ) (29 ) (1,605 ) (254 ) (20,437 ) 4,579 (5,814 ) 13,246 (28,741 ) (3,725 ) (3,780 ) (5,630 ) (6,967 ) - (575 ) - (575 ) 548 288 595 450 - (33,444 ) - (33,444 ) - - - 8,726 (3,177 ) (37,511 ) (5,035 ) (31,810 ) - 750 - 208,391 (3,177 ) (36,761 ) (5,035 ) 176,581 - - - (175,000 ) - - 10,000 100,000 (45,000 ) - (55,000 ) (100,000 ) - - - (17,805 ) (1,625 ) (1,177 ) (1,799 ) (1,175 ) - - (2,394 ) (2,419 ) (46,625 ) (1,177 ) (49,193 ) (196,399 ) - - 750 - (46,625 ) (1,177 ) (48,443 ) (196,399 ) 1,909 409 3,316 845 (43,285 ) (42,488 ) (37,412 ) (235,668 ) (29 ) (855 ) 496 187,954 (43,314 ) (43,343 ) (36,916 ) (47,714 ) 158,568 206,780 152,170 211,151 $ 115,254 $ 163,437 $ 115,254 $ 163,437 $ 135,592 $ 123,361 $ 92,865 $ 103,044 $ 454,863 $ 112,175 $ 112,739 $ - $ - $ 224,915 11,082 10,025 9,014 8,309 38,429 7,255 7,915 - - 15,169 $ 146,674 $ 133,386 $ 101,879 $ 111,353 $ 493,292 $ 119,430 $ 120,654 $ - $ - $ 240,084 -9 % -17 % -44 % -29 % -25 % -17 % -9 % - - -13 % 12 % -2 % -21 % -39 % -15 % -35 % -21 % - - -28 % -7 % -17 % -43 % -30 % -25 % -19 % -10 % - - -14 % $ 25,928 $ 20,963 $ 8,228 $ 12,166 $ 67,284 $ 17,362 $ 14,880 $ - $ - $ 32,242 399 (684 ) 21 (1,371 ) (1,635 ) (1,662 ) (1,834 ) - - (3,496 ) (11,342 ) (10,349 ) (8,197 ) (6,158 ) (36,045 ) (6,282 ) (6,289 ) - - (12,571 ) $ 14,985 $ 9,930 $ 52 $ 4,637 $ 29,604 $ 9,418 $ 6,757 $ - $ - $ 16,175 1,356 768 1,443 (408 ) 3,159 (139 ) (401 ) - - (539 ) (1,972 ) (1,929 ) (3,292 ) (987 ) (8,179 ) (210 ) (649 ) - - (859 ) - (202 ) (201 ) - (403 ) - - - - - $ 14,369 $ 8,567 $ (1,998 ) $ 3,242 $ 24,181 $ 9,069 $ 5,707 $ - $ - $ 14,777 19.1 % 17.0 % 8.9 % 11.8 % 14.8 % 15.5 % 13.2 % - - 14.3 % 3.6 % -6.8 % 0.2 % -16.5 % -4.3 % -22.9 % -23.2 % - - -23.0 % Adjusted Operating Profit % 10.2 % 7.4 % 0.1 % 4.2 % 6.0 % 7.9 % 5.6 % - - 6.7 % $ 6,372 $ 3,918 $ (4,930 ) $ 197 $ 5,557 $ 4,822 $ 3,584 $ - $ - $ 8,406 6,729 4,630 4,552 3,307 19,218 1,716 1,338 - - 3,055 950 806 (407 ) 943 2,292 2,258 1 - - 2,258 4,779 5,277 5,318 5,347 20,720 5,458 5,507 - - 10,966 $ 18,830 $ 14,631 $ 4,533 $ 9,794 $ 47,787 $ 14,254 $ 10,430 $ - $ - $ 24,685 $ 28,996 $ 24,022 $ 11,906 $ 15,938 $ 80,862 $ 21,002 $ 18,210 $ - $ - $ 39,212 1,275 244 926 (449 ) 1,996 (740 ) (942 ) - - (1,682 ) (10,825 ) (8,272 ) (6,249 ) (5,058 ) (30,406 ) (5,659 ) (5,788 ) - - (11,447 ) $ 19,446 $ 15,994 $ 6,583 $ 10,431 $ 52,452 $ 14,603 $ 11,480 $ - $ - $ 26,083 1,356 768 1,443 (408 ) 3,159 (139 ) (401 ) - - (539 ) (1,972 ) (1,929 ) (3,292 ) (987 ) (8,179 ) (210 ) (649 ) - - (859 ) - (202 ) (201 ) - (403 ) - - - - - - - - 758 758 - - - - - $ 18,830 $ 14,631 $ 4,533 $ 9,794 $ 47,787 $ 14,254 $ 10,430 $ - $ - $ 24,685 21.4 % 19.5 % 12.8 % 15.5 % 17.8 % 18.7 % 16.2 % - - 17.4 % 11.5 % 2.4 % 10.3 % -5.4 % 5.2 % -10.2 % -11.9 % - - -11.1 % 13.3 % 12.0 % 6.5 % 9.4 % 10.6 % 12.2 % 9.5 % - - 10.9 % $ 2,121 $ 2,162 $ (4,999 ) $ 1,439 $ 723 $ 4,598 $ 3,182 $ - $ - $ 7,780 (4,251 ) (1,756 ) (69 ) 1,242 (4,834 ) (224 ) (402 ) - - (626 ) $ 6,372 $ 3,918 $ (4,930 ) $ 197 $ 5,557 $ 4,822 $ 3,584 $ - $ - $ 8,406 (1,356 ) (768 ) (1,443 ) 408 (3,159 ) 139 401 - - 539 1,972 1,929 3,292 987 8,179 210 649 - - 859 625 - - 1,041 1,666 - - - - - - 202 201 - 403 - - - - - - - - (758 ) (758 ) - - - - - (52 ) (57 ) (624 ) (503 ) (1,236 ) (15 ) (100 ) - - (115 ) - (74 ) - - (74 ) - (632 ) - - (632 ) $ 7,561 $ 5,150 $ (3,504 ) $ 1,372 $ 10,578 $ 5,156 $ 3,902 $ - $ - $ 9,057 $ 0.03 $ 0.04 $ (0.08 ) $ 0.02 $ 0.01 $ 0.08 $ 0.05 $ - $ - $ 0.13 (0.07 ) (0.03 ) 0.00 0.02 (0.08 ) (0.00 ) (0.01 ) - - (0.01 ) $ 0.11 $ 0.06 $ (0.08 ) $ 0.00 $ 0.09 $ 0.08 $ 0.06 $ - $ - $ 0.14 (0.02 ) (0.01 ) (0.02 ) 0.00 (0.04 ) 0.00 0.01 - - 0.01 0.02 0.04 0.04 0.02 0.11 0.00 0.01 - - 0.01 0.01 - - 0.01 0.02 - - - - - - 0.00 0.00 - 0.01 - - - - - - - - (0.01 ) (0.01 ) - - - - - - 0.00 - - - - (0.01 ) - - (0.01 ) $ 0.12 $ 0.09 $ (0.06 ) $ 0.02 $ 0.18 $ 0.09 $ 0.06 $ - $ - $ 0.15 | Enerpac Tool Group Reports Second Quarter Fiscal 2021 Results and Provides Outlook for Remainder of Fiscal Year Second Quarter of Fiscal 2021 Highlights* Achieved continued sequential improvement over the first quarter, breaking the normal second quarter seasonal trends. Given continued improvement in market conditions, providing second half of fiscal 2021 revenue expectations of $280 million to $290 million. Anticipate incremental adjusted EBITDA margins on the high end of 35%-45%, excluding the impact of currency. Net sales from continuing operations were $121 million for the second fiscal quarter ended February 28, 2021 compared to $119 million in the first quarter of fiscal 2021, a 1% sequential improvement. Industrial Tools & Services (IT&S) product core sales improved to a 10% year-over-year decline in the second quarter from a 14% year-over-year decline in the first quarter. Generated cash flow from operations of $5 million in the quarter ended February 28, 2021 compared to a $6 million use of cash from operations in the second quarter of fiscal 2020, an $11 million increase year-over-year. Consolidated core sales for the quarter decreased 11% year-over-year, with product sales declining 11% and service sales declining 12%. The net year-over-year impact on net sales from acquisitions and divestitures/strategic exits was a reduction of 1%, while foreign currency benefited net sales 2%. GAAP operating margin from continuing operations was 4.7% for the quarter versus 6.4% in the second quarter of fiscal 2020. Adjusted operating margin from continuing operations was 5.6% for the quarter ended February 28, 2021 compared to 7.4% for the quarter ended February 29, 2020. Adjusted EBITDA margin from continuing operations was 9.5% in the second quarter of fiscal 2021 compared to 12.0% in the second quarter of fiscal 2020. Achieved year-over-year decremental adjusted EBITDA margins of 29%, excluding the impact of currency, better than our target decremental margin range of 35-45%. GAAP diluted earnings per share (EPS) from continuing operations was $0.06 in both the second quarter of fiscal 2021 and fiscal 2020. Adjusted diluted EPS from continuing operations was $0.06 in the second quarter of fiscal 2021 compared to $0.09 in the second quarter of fiscal 2020. Paid down $45 million of debt in the second quarter. Leverage (Net Debt to Adjusted EBITDA) was 2.1x at February 28, 2021 compared to 1.9x at November 30, 2020. *This news release contains financial measures in accordance with US Generally Accepted Accounting Principles (GAAP) in addition to non-GAAP financial measures. Reconciliations of the GAAP to non-GAAP historical financial measures can be found in the tables accompanying this release. Incremental (or decremental) Adjusted EBITDA margin is equivalent to the change in Adjusted EBITDA divided by the change in Net Sales for the comparable periods. |
NEW YORK, Nov. 23, 2020 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action that has been filed on behalf of investors that purchased or acquired the common stock of Golar LNG Limited ("Golar" or the "Company") (NASDAQ: GLNG) between April 30, 2020, and August 10, 2020 (the "Class Period"). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934. If you purchased Golar securities, and/or would like to discuss your legal rights and options please visit GLNG Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [emailprotected]. The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations and prospects. Specifically, Defendants misrepresented and/or failed to disclose to investors: (1) that certain employees, including Hygo's CEO, had bribed third parties, thereby violating anti-bribery policies; (2) that, as a result, the Company was likely to face regulatory scrutiny and possible penalties; (3) that, as a result of the foregoing reputational harm, Hygo's valuation ahead of its IPO would be significantly impaired; and (4) that, as a result of the foregoing, Defendants positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On September 24, 2020, media reported that Hygo's CEO Eduardo Navarro Antonello was involved in a bribery network investigated in Brazil's Operation Car Wash. On this news, the Company's share price fell $3.28. If you wish to serve as lead plaintiff, you must move the Court no later than November 23, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. If you purchased Golar securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/golarlnglimited-glng-shareholder-class-action-lawsuit-stock-fraud-315/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [emailprotected]. Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named toThe National Law Journal's"Plaintiffs' Hot List" thirteen times and listed inThe Legal 500for ten consecutive years. ATTORNEY ADVERTISING. 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information Matthew E. GuarneroBernstein Liebhard LLPhttps://www.bernlieb.com(877) 779-1414[emailprotected] SOURCE Bernstein Liebhard LLP Related Links http://www.bernlieb.com | GLNG CLASS ACTION DEADLINE: Bernstein Liebhard Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Golar LNG Limited |
AUSTIN, Texas--(BUSINESS WIRE)--Genprex, Inc. (Genprex or the Company) (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, announces today that the Company has been selected to receive the inaugural License of the Year award from the University of Pittsburgh Innovation Institute (UPII) in recognition of the advances made with its license from University of Pittsburgh toward progressing the development of its gene therapy for diabetes. In February 2020, Genprex signed an exclusive license agreement with the University of Pittsburgh for an innovative gene therapy technology developed by lead researcher, George Gittes, M.D. at the Rangos Research Center at the University of Pittsbugh Medical Center ("UPMC") Childrens Hospital. The diabetes gene therapy candidate, GPX-002, which is being evaluated in preclinical studies, reprograms alpha cells in the pancreas into functional beta-like cells, thereby replenishing levels of insulin and providing the potential to cure the disease. The novel infusion is by means of an endoscopic procedure that delivers Pdx1 and MafA genes to the pancreas. The genes express proteins that transform alpha cells in the pancreas into functional beta-like cells, which can produce insulin but are distinct enough from beta cells to evade the bodys immune system. We thank the UPII for acknowledging the breakthrough work of Dr. George Gittes and his team at the Rangos Research Center at UPMC Childrens Hospital of Pittsburgh, whose efforts have produced this highly innovative therapeutic approach to treating diabetes that could replace the need for insulin replacement therapy and ultimately lead to a cure of this devastating illness afflicting tens of millions of people around the world, said Rodney Varner, President and Chief Executive Officer of Genprex. We are honored to receive this recognition, considering the great number of cutting-edge technologies coming out of this distinguished university and research center. We thank UPII for bestowing this honor on our gene therapy license with Dr. Gittes and the Rangos Research Center and applaud them for the groundbreaking gene therapy research being conducted at this esteemed institution. The Celebration of Innovation awards ceremony will be held virtually on April 22, 2021 on the Pitt Innovation Institute YouTube channel at 4:30 p.m ET. GPX-002 has been tested in vivo in mice and nonhuman primates. In studies in non-obese diabetic mice, a model of Type 1 autoimmune diabetes, the gene therapy approach restored normal blood glucose levels for an extended period of time, typically around four months. According to the researchers, the duration of restored blood glucose levels in mice could potentially translate to decades in humans. If successful, this gene therapy could eliminate the need for insulin replacement therapy for diabetic patients. According to the U.S. Center for Disease Control, 34.2 million Americans, or approximately 10.5% of the population, have diabetes. About Genprex, Inc. Genprex, Inc. is a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes. Genprexs technologies are designed to administer disease-fighting genes to provide new therapies for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. The Companys lead product candidate, REQORSA (quaratusugene ozeplasmid), is being evaluated as a treatment for non-small cell lung cancer (NSCLC). REQORSA has a multimodal mechanism of action that has been shown to interrupt cell signaling pathways that cause replication and proliferation of cancer cells; re-establish pathways for apoptosis, or programmed cell death, in cancer cells; and modulate the immune response against cancer cells. REQORSA has also been shown to block mechanisms that create drug resistance. In January 2020, the U.S. Food and Drug Administration granted Fast Track Designation for REQORSA for NSCLC in combination therapy with AstraZenecas Tagrisso (osimertinib) for patients with EFGR mutations whose tumors progressed after treatment with Tagrisso. For more information, please visit the Companys web site at www.genprex.com or follow Genprex on Twitter, Facebook and LinkedIn. Cautionary Language Concerning Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Genprexs reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under Item 1A Risk Factors in Genprexs Annual Report on Form 10-K. Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding: the timing and success of Genprexs clinical trials and regulatory approvals; the effect of Genprexs product candidates, alone and in combination with other therapies, on cancer and diabetes; Genprexs future growth and financial status; Genprexs commercial and strategic partnerships including the scale up of the manufacture of its product candidates; and Genprexs intellectual property and licenses. These forward-looking statements should not be relied upon as predictions of future events and Genprex cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Genprex or any other person that Genprex will achieve its objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Genprex disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law. | Genprex to Receive Inaugural License of the Year Award from University of Pittsburgh Innovation Institute in Recognition of Advances Made with Gene Therapy Program in Diabetes Groundbreaking, potentially curative gene therapy shown to transform alpha cells in the pancreas into functional beta-like cells is potentially applicable to both Type 1 and Type 2 diabetes |
NEW YORK, July 23, 2020 /PRNewswire/ -- "A historical event just happened before our eyes," announced Daniel Turcotte, Raelian Guide and leader of the Embassy for Extraterrestrials Project sponsored by the Raelian Movement. "Diplomats and Foreign Affairs officials recently attended our first international online forum to learn from our experts all the steps required to officially welcome human beings from another planet." "The main goal of this event was to inform diplomats and foreign affairs officials about this unique and ambitious project that could also bring wealth and scientific advancement to the hosting country," explained Turcotte. "We need to increase their level of awareness about the important issues of international law that should be resolved before any extraterrestrial contact is made." During the presentation and after introducing the subject and giving an outline on the project, Dr. Jon H. Levy, PhD.a world-renowned lawyer specializing in transnational and private international lawand Stephen Goldiea very experienced city planneroutlined the legal issues raised by this unique and ambitious diplomatic and touristic project, as well as the steps necessary to make it happen. "For decades now, Raelians have been canvassing countries to consider hosting an Embassy for Extraterrestrials, but in recent years these discussions have been increasing in number and seriousness," said Turcotte. "Many countries showed a genuine interest in this very promising and important project, the presentation was very well received and all the participants agreed that the diplomatic aspect of it is not only mandatory but the priority." "Interest is growing as it becomes obvious that an extraterrestrial civilization is preparing our humanity for an official contact through an ever-increasing number of UFO sightings, military reports describing encounters with UFOs, and very complex crop circles all over the world," Turcotte continued. "It's just a matter of time before more diplomats and foreign affairs officials acknowledge this and advise their respective governments to care for a proper and formal welcome for an out-of-this-world civilization. "We are aware that this is an important paradigm shift with regard to diplomatic relations defined by the Vienna Convention and, while the increasing governmental awareness is now obvious, we still have some work to do," Turcotte added. "While some countries wrongfully anticipate an invasion by an armed extraterrestrial civilization and are preparing to go to war against them, we must offset such a primitive and dangerous position with a worldwide movement of peace, to educate people and government officials that we can only benefit from contact with beings from beyond the stars," concluded Turcotte. The Raelian philosophy states that an extraterrestrial civilization, referred to as "Elohim" in the original Hebrew Bible, created all forms of life on Earth including human beings. We believe it is a very peaceful and far more advanced civilization compared to ours, both scientifically and philosophically, and that an official contact with our Creators will usher our humanity into an era of peace and a Golden Age. SOURCE Raelian Movement Related Links http://www.rael.org | Raelians held first international online forum to discuss diplomatic protocols for extraterrestrial contact |
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the offshore wind cable market and it is poised to grow by $655.89 mn during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Brugg Kabel AG, Hellenic Cables SA, Jiangsu Zhongtian Technology Co. Ltd., Leoni AG, Nexans SA, NKT AS, Parker Hannifin Corp., Prysmian Spa, and Sumitomo Electric Industries Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Growing offshore renewable energy installations has been instrumental in driving the growth of the market. However, higher investments needed in offshore projects might hamper market growth. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts Offshore Wind Cable Market 2020-2024: Segmentation Offshore Wind Cable Market is segmented as below: Offshore Wind Cable Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The offshore wind cable market report covers the following areas: This study identifies innovations in the wind industry as one of the prime reasons driving the offshore wind cable market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Offshore Wind Cable Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Customer Landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix Explore Technavio About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. | Offshore Wind Cable Market Will Showcase Negative Impact During 2020-2024 | Growing Offshore Renewable Energy Installations to Boost the Market Growth | Technavio |
BOCA RATON, Fla., Aug. 12, 2020 /PRNewswire/ --Tint World Automotive Styling Centers, a leading auto accessory and window tinting franchise, has been named to the Inc. 5000 list of the fastest-growing companies in America for the sixth time. It ranked No. 3611 on the list for 2020. Tint World is making its sixth appearance on the Inc. 5000 list of the fastest-growing companies in America. Tint World Automotive Styling Centers, which first offered franchise opportunities in 2007, was first recognized by Inc. 5000 in 2011. The company has since lived up to the award with a surge of industry recognition. This year, the automotive-styling based company was named one of the Top 100 Franchises of 2020 by Franchise Gator, as well as one of the 200 Best Franchises to Buy in 2020 by Franchise Business Review. Notably, Tint World was also placed on Entrepreneur's highly competitive Franchise 500 list. "Prospective franchise owners recognize the value of investing in Tint World," said Charles Bonfiglio, president and CEO of Tint World. "Despite the events of 2020, we've continued to grow and are speaking with people every day that are interested in hearing more about our franchise system. The recognition by Inc. 5000 encourages us in our quest to the best automotive styling solution in the world." Tint World has opened six locations so far this year in Texas, Virginia, Florida and Toronto. The company has plans to open 14 more before the end of 2020.Tint World Automotive Styling Centers offer sales and installation of auto and marine accessories, mobile electronics, audio video equipment, security systems, custom wheels and tire packages, window tinting, vehicle wraps, paint protection films, detailing services, nano ceramic coatings, maintenance and repair services, and more. Tint World is also the leading provider of residential, commercial and marine computerized window tinting and security film services with locations throughout the U.S. and abroad, with franchise opportunities available worldwide.About Tint WorldFounded in 1982, Tint World Automotive Styling Centers is America's largest and fastest growing automotive accessories and window tinting international franchise, specializing in car and truck accessories, mobile electronics, audio video equipment, security systems, detailing services, nano ceramic coatings, custom wheel and tire packages, maintenance, and repair services. Tint World services include residential, commercial, and marine window tinting films, solar films, decorative films, safety, and security films. Tint World has locations in the United States, Canada, Saudi Arabia, and the United Arab Emirates, with master franchise opportunities available worldwide. To find out more, please visitwww.TintWorld.comorwww.TintWorldFranchise.com.Tint World Contact: Charles J. Bonfiglio, CEO888-944-8468[emailprotected]Media Contact:Heather RipleyRipley PR865-977-1973[emailprotected]SOURCE Tint World Related Links http://www.tintworld.com | Tint World recognized for sixth year as one of the fastest-growing companies in America National Automotive Styling Centers franchise earns consecutive ranking on annual Inc. 5000 |
HOUSTON, Feb. 8, 2021 /PRNewswire/ -- Masks. Social distancing. Vaccines. And now, in the ongoing fight against COVID, Abacus Plumbing, Air Conditioning & Electrical is proud to provide a high-tech filtration system now scientifically proven to be 99.9% effective against the deadly virus. When properly installed by the licensed professionals at Abacus Plumbing, Air Conditioning & Electrical, the state-of-the-art REME HALO is a confirmed COVID killer for Houston-area residents. By systematically releasing hydrogen peroxide molecules through HVAC systems, the REME HALOprovides both clean, safe air and peace of mind against the deadly coronavirus that has killed 38,000 Texans, including more than 4,000 in Harris County. "This is a game-changer in the fight against COVID," says Abacus Plumbing, Air Conditioning & Electrical HVAC expert Henry Newsom. "Anywhere air is blowing through your house or business, this device is actively seeking out and killing the virus." The REME HALOhas long been known to combat most viruses, bacteria and mold, but has recently been specifically tested to also kill COVID. RGF Environmental Group, Inc., a leading environmental design and manufacturing company, recently released the results of a third-party study that revealed REME HALO efficacy of 99.9% against the SARS-CoV-2 virus. The seven-month testing was conducted at the Innovative Bioanalysis Laboratories in Cypress, Calif. and overseen by Dr. James Marsden, Executive Director of Science and Technology at RGF. "The study results show the REME HALO to be effective in combating the COVID-19 virus and a valuable solution to immediately improve the indoor air quality of residential and commercial spaces and protect occupants against exposure to the SARS-CoV-2 virus," says Dr. Marsden. Kingwood resident Claire Brom purchased a system and had it installed by Abacus Plumbing, Air Conditioning & Electrical on April 30th. "I got it because I didn't want COVID in my house, simple," Brom says. "It's worked. I've noticed a clear improvement in air quality and there have been no illnesses in my family. None of us." Abacus Plumbing, Air Conditioning & Electrical so trusts the REME HALO that it's installed in the company's own HVAC systems. "To help keep our employees as healthy as possible, Abacus installed the same air filtration equipment in our offices that we install in our customers' homes," says Abacus Plumbing, Air Conditioning & Electrical Founder & CEO Alan O'Neill. "In an essential business like ours, we have to do everything possible to help prevent our team members from allergies, germs and viruses. We owe it to our employees to invest in their health, and our customers who depend on us to be ready to serve 24 hours a day." ABOUT ABACUSAbacus Plumbing, Air Conditioning & Electrical is a full-service residential contractor serving greater Houston since 2003. Abacus is a member of the Greater Houston Women's Chamber of Commerce and has an A+ rating with the Better Business Bureau of Houston. Abacus is licensed, insured and offers 24/7 emergency service. To learn more about Abacus Air Conditioning, Plumbing & Electrical, visit www.abacusplumbing.net. License Numbers: ALAN O'NEILL M-20628 | TACLB82488E | TECL 39119 Contact:[emailprotected]214-228-9135 SOURCE Abacus Plumbing, Air Conditioning & Electrical Related Links http://www.abacusplumbing.net | Abacus Plumbing, Air Conditioning & Electrical Helping Houstonians With COVID-Killing Technology |
PHILADELPHIA, Nov. 6, 2020 /PRNewswire/ -- Decision Research Corporation (DRC), a leading provider of enterprise software solutions for the P&C insurance industry, announced today the release of enhanced Product APIs for its RS X Rating solution. RS X Rating empowers business users and subject matter experts by allowing them to model, design and configure new insurance products using a familiar, easy-to-use Excel interface. DRC's release of new Product APIs for RS X Rating now allows even complex and custom products to integrate effortlessly with third-party systems. By continuing to invest significantly in their development, DRC recognized the increasing value to insurers of creating custom touch points through APIs. RS X Product APIs make the development process easier, and faster, by providing all essential information needed to seamlessly integrate with RS X Rating, DRC Quote and DRC Policy. This, in turn, allows insurers and brokers to curate and enrich the experience of their customers without sacrificing the power, speed and security of DRC's processing platform. "We are very excited to release our new Product APIs to our clients as it essentially enables our insurance processing platform to run independently of the user interface," said Les McElhaney, Vice President of Product at DRC. "Our clients differentiate on customer experience and allowing our clients and their distribution channel partners to craft bespoke experiences for the insurance consumer strengthens their brand and accelerates their digital transformation journey." Alongside its new Product APIs, DRC is also including enhanced regression testing and upgraded debugging tools in its latest release, enabling users to smoothly upgrade RS X Rating with total confidence in the integrity of rating correctness between versions. DRC's new debugging tool allows users to easily flag and view intermediate values within chains of rating calculations, making the testing and debugging of complex products with sophisticated rating requirements significantly easier. This feature release further cements RS X Rating's status as the go-to rating platform for effectively pricing challenging and complex products. About DRCFor nearly half a century, DRC has provided powerful and trusted software solutions to the Property & Casualty (P&C) insurance industry. Large carriers, small start-ups and MGAs alike in the United States and globally deploy DRC's SaaS and onsite solutions to manage total written premium in excess of $7 billion. DRC's web-based administration system expedites implementation, lowers costs and simplifies maintenance across insurance products. Our leading RS X Rating allows business users who price risks and model products in Microsoft Excel workbooks to create a version-controlled, web service process throughout the entire insurance ecosystem with minimal need for any programming resource. All DRC clients receive market-leading solutions, expert implementation and our commitment to deliver to their complete satisfaction. For more information about DRC, visit www.decisionresearch.com. Connect with DRC on LinkedIn, Twitter (@DRCNews) and Facebook. SOURCE DRC | DRC Releases New Product APIs for RS X Rating Enrich customer engagement through DRC's Product APIs callable by any portal or third-party system |
CROISSY-BEAUBOURG, France--(BUSINESS WIRE)--Regulatory News: THERADIAG (ISIN: FR0004197747, Ticker: ALTER) (Paris:ALTER), a company specializing in in vitro diagnostics and theranostics, today announces that it has obtained a 1.9 million state-guaranteed loan (Prt Garanti par ltat or PGE) from a bank syndicate. The loan is 90% guaranteed by the French government, with an initial maturity of 12 months plus an extension option enabling Theradiag to defer repayment of the principal over a period of up to five years. Theradiag CEO Bertrand de Castelnau said: We would like to thank the French government and our bank partners for this non-dilutive financing which enables us to continue our business with confidence. Coming in the midst of the current health crisis, the loan will shore up our cash reserves and extend our financial visibility so that we can pursue our strategic goals on the diagnosis market. *** About Theradiag Theradiag is the market leader in biotherapy monitoring. Capitalizing on its expertise in the diagnostics market, the Company has been developing, manufacturing and marketing innovative in vitro diagnostic (IVD) tests for over 30 years. Theradiag pioneered theranostics testing (combining therapy with diagnosis), which measures the efficacy of biotherapy in the treatment of chronic inflammatory diseases. Going beyond mere diagnosis, theranostics aims to help clinicians set up customized treatment for each patient. This method favors the individualization of treatment, evaluation of its efficacy and the prevention of drug resistance. In response to this challenge, Theradiag develops and markets the CE-marked TRACKER range, a comprehensive solution of inestimable medical value. The Company is based in Marne-la-Valle, near Paris, has operations in over 70 countries and employs over 60 people. In 2019, the Company posted revenue of 9.6 million. The Theradiag share is listed on Euronext Growth Paris (ISIN: FR0004197747) and is eligible for the French PEA-PME personal equity plan. For more information about Theradiag, please visit our website: www.theradiag.com | Theradiag Obtains 1.9 Million of Non-dilutive Financing in the Form of a State-guaranteed Loan |
VIENNA, Va., Aug. 12, 2020 /PRNewswire/ --COVID-19 and the disproportionate impact it has had on racial and ethnic groups has put a spotlight on longstanding healthcare inequalities in the United States. Asthma disparities, for one, have long affected African Americans, who face significantly higher rates of emergency department visits and death due to the chronic disease. Allergy & Asthma Network is responding to this crisis by collaborating with new initiatives to address the needs of underserved communities with new funding from the nonprofit Patient-Centered Outcomes Research Institute (PCORI) and the U.S. Centers for Disease Control and Prevention (CDC). The Network has been awarded $150,000 through the Eugene PCORI Engagement Awards program. The award will support the "Virtual Conference Series for African American Asthma Patients" project. In addition, the Network was awarded a 5-year grant from CDC to promote guidelines-based asthma management, with the goal of preventing 500,000 hospitalizations and emergency department visits by children with asthma, including those more at risk and from vulnerable communities. PCORI Engagement Award LeRoy Graham, MD, founder and medical director of the Network's Not One More Life program, will lead the project that will focus on encouraging African Americans to participate in research and take an active role in their healthcare. Not One More Life partners with predominantly African American churches and faith-based organizations to host free clinics that connect patients with doctors and offer free asthma screenings and education. Starting December 2020, the Network will host a series of virtual conferences with African American asthma patients, faith-based leaders, researchers, doctors and other key stakeholders. The conferences are designed to: distribute patient-centered outcomes research (PCOR) results to people with asthma; review research related to African Americans with asthma and COVID-19; address needs of patients and researchers to expand Not One More Life to better engage African Americans with asthma in research. "Many factors impact asthma health disparities, from income level and lack of health insurance to increased exposure to environmental allergens and irritants," says Tonya Winders, President and CEO of Allergy & Asthma Network. "Patients are more likely to miss medical appointments, delay their care or forgo medication use, leading to poorer health outcomes. Expanding access to care and encouraging underserved communities to participate in research are key in addressing health disparities." "By partnering with faith-based organizations, Allergy & Asthma Network's Not One More Life program is able to connect with at-risk patients and build a foundation of trust that carries over into their healthcare," Dr. Graham says. "We are thrilled to work with PCORI to help give African Americans the knowledge they need to participate in research and make informed, evidenced-based decisions about their health." According to Jean Slutsky, PCORI's Chief Engagement and Dissemination Officer, "This project was selected for Engagement Award funding because it will help Allergy & Asthma Network's community increase their capacity to participate across all phases of the PCOR and clinical effective research (CER) process while responding to contextual changes as a result of the COVID-19 pandemic. We look forward to working with Allergy & Asthma Network through the course of their 2020-21 project." CDC Grant Through its National Asthma Control Program, CDC is funding the "Breathe Better Together: A Guidelines-Based Approach to Expand and Implement EXHALE Strategies Across the Country" education and awareness campaign for people with asthma and healthcare professionals. EXHALE's patient-centered strategies are designed to reinforce asthma self-management, reduce exposure to asthma triggers, improve access and adherence to medications, and reduce healthcare costs. The Network will lead a coalition of partners, including CDC, state asthma programs and asthma coalitions, in promoting EXHALE, with a strong focus on social determinants of health and communities that experience asthma disparities. "Asthma management often requires regular doctor appointments and daily treatment to control symptoms," Winders says. "We are excited to partner with CDC and leverage our strengths and expertise to empower asthma patients and healthcare professional to achieve optimal health outcomes." About Allergy & Asthma Network Allergy & Asthma Network is the leading national nonprofit organization dedicated to ending needless death and suffering due to asthma, allergies and related conditions. The Network specializes in sharing patient-friendly, medically accurate information through its award-winning magazineAllergy & Asthma Today, E-newsletter,AllergyAsthmaNetwork.organd numerous community outreach programs. About PCORI The Patient-Centered Outcomes Research Institute (PCORI) is an independent nonprofit organization authorized by Congress in 2010. Its mission is to fund research that will provide patients, their caregivers and clinicians with the evidence-based information needed to make better-informed healthcare decisions. PCORI is committed to continuously seeking input from a broad range of stakeholders to guide its work. Contact: Gary FitzgeraldAllergy & Asthma Network703-641-9595[emailprotected] SOURCE Allergy & Asthma Network Related Links http://www.aanma.org | Allergy & Asthma Network Secures PCORI Engagement Award, CDC Grant to Reduce COVID-19 and Asthma Disparities |
RALEIGH, N.C., April 22, 2021 /PRNewswire/ -- The global warehouse market is expected to grow further in 2021, as the demand for such services is slowly and steadily rising, says Beroe Inc. The global warehousing market was valued at approx. $245 Billion in 2020, and it is forecasted to grow at a CAGR of 7 percent between 2020 and 2024 to touch the $326 billion mark by the end of 2024. There is high warehouse market maturity in regions like Europe, North America, and some parts of APAC like Australia and Singapore because of advanced technology appropriation and steady supply climate. Moreover, regions like India and China are predicted to be the future growth-oriented markets in the warehousing industry due tothe surge in manufacturing facilities, container ports, and the growth of the e-commerce industry. In India, the e-commerce industry is expected to reach from $97 billion in 2020 to $143 billion in 2024. Beroe, which is based in North Carolina, further stated that procurement expertscould access this report on its recently launched market intelligence platform BeroeLiVE.Ai:https://www.beroeinc.com/beroe-live-ai/ Talking about the market and industry trends for warehousing, Europe and North America are considered superior warehousing suppliers due to their well-equipped technology framework and umpteen arrays of servicesthat they offer to their users. On the other hand, growing countries like Brazil, India, China, and Japan witness medium maturity because of 3pl warehouses and poor enactment of technology. The most prominent warehouse management functions include AGV, AGV, pick to light and voice coordinated picking, which is rising as most stockroom occupiers are obliging their conveyance places (DC) towards quicker reaction times and space-saving. To enhance service offerings, the warehouse service providers are also offering value-added solutions, including packaging, labeling, and palletizing. COVID-19 has impacted the warehouse intelligence market. Due to increasing cases in Brazil, it has bear the crunch of downfall in warehouse growth. In the Asia-Pacific region, the problem of labor shortage has arisen due to lockdown norms and mobility restrictions. Europe has witnessed a notable rise in the demand for warehouses storing indispensable items and cold storage facilities. Indeed, the U.S. and Canada have got affected due to COVID-19 but, due to their robust framework and crisis management policy, the effect will only be temporary. India, China, Bangladesh, and some regions in Asia are facing partial lockdown and night curfew that have a negative impact on the warehouse market. Whereas, UAE is facing limited restrictions. Few Middle-East countries are under lockdown. The same goes for New Zealand and Australia, where operations have gotten renewed since the COVID-19. Due to the outcomes of exchange and duty boundaries between the U.S., and China, worldwide manufacturing production rose by 3.6 percent a year ago somewhat lower than the earlier year. With the growth of the e-commerce industry, the demand for warehouse space has beheld a boost especially in developing countries like India. According towarehouse market analysis of regional outlook, warehouse market size stands at $77 billion with an anticipated growth rate of 7-8 percent annually during 2020-2023 period. Latam's market size holds at $12 billion with a growth rate of around 6-7 percent annually. On the other hand, Europe's market size is $47 billion, with an annual growth of 2-4 percent. MEA stands at $12 billion at the rate of 67 percent annually. APAC's market is valued at $97 billion with the highest growth rate of 910 percent annually. The key warehousing intelligence market trends include drop shipping that will increase substantially in the coming years that can enhance profit margin. Now time to delivery is considered the main unique selling proposition (USP) rather than prices. Key Findings The tight labor market in the U.S. and Europe has become the dominant provocation for a warehouse operations manager and it directly affects warehouse market price at large. CEVA Logistics in North Asia is not facing any problems or restrictions in its operation. Hence, disruptions can get minimized to a great extent. There has been a surge in demand for grocery items and other essential goods in various parts of the world due to COVID-19. It has led to the rise in warehousing services. The warehousing companies are trying to keep pace with such high demand. To cater to the growing demand for warehousing services effectively, the logistics industry has embraced the outlook online platform for taking orders. The report from Beroe includes: Market Analysis Supplier Performance Assessment Cost and pricing analysis Procurement best practices Global warehousing industry trends COVID-19 impact About Beroe Inc Beroe is the world's leading provider of procurement intelligence and supplier compliance solutions. We provide critical market information and analysis that enables companies to make smart sourcing decisions leading to lower costs, greater profits, and reduced risk. Beroe has been providing these services for more than 15 years and currently works with more than 10,000 companies worldwide, including 400 of the Fortune 500 companies. For more information about Beroe Inc., please visit https://www.beroeinc.com/. Media Contact: Debobrata Hembram [emailprotected] SOURCE Beroe Inc. | Global Warehousing Industry to be Valued at $326 Billion by 2024, Says Beroe Inc |
SAN JOSE, Calif.--(BUSINESS WIRE)--Versa Networks, the leader in SASE, today announced that Enterprise Management Associates (EMA), a leading industry analyst firm that provides deep insight across the full spectrum of IT and data management technologies, has identified Versa SASE as having the most SASE supported functions, according to its Availability and Buying Options in the Emerging SASE Market report published last month. The EMA report compared SASE products of nine leading vendors, broken out into Must Have, Nice to Have, and And Then Some SASE function categories. The report also evaluated the vendors on characteristics such as security functionality, SASE architectures, buying options, support models, and SASE go-to-market strategies. According to Paula Musich, Research Director and author of the EMA report: Versa believes its SASE offering is unique in that it offers the same set of security, networking business, and analytic policies no matter where they are deployed, which includes in the cloud, on-premises, or a combination of both, depending on requirements at different customer locations. Rivals may only offer a subset of SASE services in the cloud or may not offer SASE services on-premisesVersa gives its customers the option of running its services from the cloud, in on-premises gateways, or both, using a single operating system and software stack. Its cloud service has 90 points of presence around the globe and the company continues to expand that footprint. Versa delivers tightly integrated SASE via the cloud, on-premises, or as a blended combination of both via VOS (Versa Operating System) built on a Single-Pass Parallel Processing architecture. Versa began delivering SASE services such as VPN, Secure SD-WAN, Edge Compute Protection, NGFW, Next Generation-Firewall as a Service, SWG, and Zero Trust Network Access nearly 5 years ago. Versa uniquely provides contextual security based on user, role, device, application, location, security posture of the device, and content. As the leader in SASE, Versa is the only solution proven to deliver the industrys leading and differentiated architecture for high performance and security. For a complimentary copy of EMAs Availability and Buying Options in the Emerging SASE Market report, visit https://versa-networks.com/resources/reports/ema-availability-and-buying-options-in-the-emerging-sase-market/. Versa SASE was identified in EMAs report as having all SASE functions considered important to organizations. Functions in the Must Have category include SD-WAN, SWG, CASB, ZTNA, FWaaS, ID Sensitive Data/Malware, Line Rate/Edge, and Line/Rate Cloud. Functions listed in the Nice to Have category are WAAP, RBI, Recursive DNS, Network Sandbox, API Access to SaaS, and Managed/Unmanaged Device Support. Finally, functions making up the And Then Some category include Wi-Fi Hotspot Protection, Network Obfuscation, Legacy VPN, Edge Compute Protection, and EUBA. According to Musich: When it comes to security functionality, EMA believes that the same set of security services that protect employees directly connected to the enterprise network needs to be applied to roaming users, branch office users, and the cloud services they seek to access. A true SASE offering at minimum must include SD-WAN, SWG, CASB, ZTNA, FWaaS, the ability to identify sensitive data (including encrypted data) and malware, and consistency in line-rate operations at the networks edge and from the cloud. Unlike competing solutions, Versa SASE was built from the ground up to deliver a tightly integrated SASE solution within a single software stack, eliminating service chaining, cascading, and virtual interconnect between services, which is required by competitors. Competing solutions have hidden costs and gaps in security because they require multiple product and service components. Achieving visibility and control from solutions requiring service chaining to connect multiple components together proves ineffective, increasing the costs and attack surfaces for organizations. Versa ACE Partners are uniquely able to offer a cost-effective and simple-to-quote solution rather than stitching together multiple vendors to achieve a single SASE solution. The industry continues to validate Versa SASE as a superior architecture with the leading set of SASE functionalities available in the market today, as evidenced by rapid customer acquisition, analyst reports such as this one by EMA, and a growing collection of industry awards, said Michael Wood, Chief Marketing Officer for Versa Networks. Versa SASE continues to be the only SASE solution combining a fully integrated robust set of SASE services within one operating system software stack using a single-pass parallel processing architecture and delivered via the cloud, on-premises, or as a blended combination of both. About Versa Networks Versa Networks, the leader in SASE, combines extensive security, advanced networking, industry leading SD-WAN, genuine multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers. Versa SASE is available on-premises, hosted through Versa-powered Service Providers, cloud-delivered, and via the simplified Versa Titan cloud service designed for Lean IT. Thousands of customers globally with hundreds of thousands of sites trust Versa with their networks, security, and clouds. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, Liberty Global Ventures, Princeville Global Fund and RPS Ventures. For more information, visit https://www.versa-networks.com or follow Versa Networks on Twitter @versanetworks. Versa Networks, VOS, the Versa logo, and Versa Titan are or may be registered trademarks of Versa Networks, Inc. All other marks and names mentioned herein may be trademarks of their respective companies. | Versa SASE Recognized for Offering Most SASE Supported Functions in EMAs Availability and Buying Options in the Emerging SASE Market Report EMA SASE Report Compares Nine Leading SASE Products and Identifies Which Offer the Most Must Have, Nice to Have, And Then Some SASE Supported Functions |
PNI will use the investment to advance a cost-effective Made-in-Canada COVID-19 vaccine PNI offers expertise in self-amplifying mRNA vectors, lipid-based drug delivery systems and nanomedicine manufacturing PNI will contribute to Canada's ability to secure an effective COVID-19 vaccine and build technologies towards enabling rapid response against future pandemics VANCOUVER, BC, Oct. 23, 2020 /PRNewswire/ -Precision Nanosystems, Inc. (PNI), a global leader in technologies and solutions in genetic medicine, announced today that it has received a commitment of up to $18.2 million in support from the Government of Canada under the Innovation, Science and Economic Development's (ISED) Strategic Innovation Fund (SIF) to develop a COVID-19 vaccine. PNI will use the investment to advance a best-in-class COVID-19 mRNA vaccine candidate to clinical trials. PNI provides over 250 industry and academic partners with solutions for the development of vaccines, gene therapies, and cell therapies, in the areas of infectious diseases, oncology and rare diseases. With this investment from the Government of Canada, PNI's Chief Scientific Officer, Dr. Andrew Geall, and his team will use their state-of-the-art technology platforms and expertise in self-amplifying mRNA vectors, lipid-based drug delivery systems and nanomedicine manufacturing to develop a cost-effective COVID-19 vaccine. As part of Canada's efforts to combat COVID-19, the Strategic Innovation Fund is working diligently to support projects led by the private sector for COVID-19 related vaccine and therapy clinical trials to advance Canada's medical countermeasures in the fight against COVID-19. "An effective vaccine will be critical as we work to contain the COVID-19 virus and prevent future infections.Today's contribution will support PNI to advance the development of a mRNA vaccine candidate through pre-clinical studies and clinical trials to help protect Canadians," stated the Honorable Navdeep Bains, Minister of Innovation, Science and Industry. Bringing together its proprietary technology platforms, key partnerships and unparalleled expertise in nanomedicines, PNI is excited to be leading the development of a Made-in-Canada COVID vaccine. James Taylor, CEO and co-founder of PNI said "Since its inception PNI has executed on its mission to accelerate the creation of transformative medicines. It is an honor to be supported by the Canadian government in this global fight against COVID-19 and to further build capabilities for rapid response against COVID-19 and future pandemics" About Precision NanoSystems Inc. (PNI) PNI is a global leader in ushering in the next wave of genetic medicines in infectious diseases, cancer and rare diseases. We work with the world's leading drug developers to understand disease and create the therapeutics and vaccines that will define the future of medicine. PNI offers proprietary technology platforms and comprehensive expertise to enable researchers to translate disease biology insights into non-viral genetic medicines. SOURCE Precision Nanosystems Related Links www.precisionnanosystems.com | Canada's Prime Minister, Justin Trudeau, Announced Today Precision NanoSystems Will Receive $18.2 Million from the Government of Canada to Develop an RNA Vaccine for COVID-19 |
SAN JOSE, Calif., May 26, 2020 /PRNewswire/ --COVID-19 has accelerated digital transformation efforts for organizations everywhere, driving rapid adoption of new cloud technologies to support remote working and online learning. In response, Extreme Networks, Inc.(Nasdaq: EXTR), a cloud-driven networking company, has launched a #NewNormalinitiative to help all of its customers adapt to the transition. The #NewNormal initiative is a comprehensive program that provides information and industry insights to help companies survive and thrive leveraging the industry's only 4th generation cloud management platform. ExtremeCloud IQ is a machine learning and AI- driven cloud managementsolution, built on a 4th generation cloud platform.Integrated with Extreme's end-to-end enterprise networking technology, it assists in collecting data to build, secure, and maintain agile and distributed work environments. For organizations bringing employees back to work and students back to school, ExtremeCloud IQ helps ensure safe mobility on campus with IoT and robotics connectivity and visibility, as well as support for occupancy management and contact tracing applications. Use Cases: Facilitating Agile Work Environments For organizations needing to connect, secure, and manage remote network sites or remote workers, or enable distance learning, ExtremeCloud IQ can be deployed to manage Extreme's curated Portable Branch Kits (PBK) and Bring Your Office Home Kits (BYOH). ExtremeCloud IQ offers analytics and tools to proactively monitor and optimize network health across every part of an organization, whether it be a fixed or temporary location, or over a wired or wireless network. As people return to work and school, the flexible and portable ExtremeCloud IQ application allows IT administrators to adjust to changing user, device, and data requirements. Occupancy Management For facilities, human resources, and legal teams tasked with reducing risk reduction via safe social distancing, ExtremeCloud IQ integrates with Extreme network solutions and third-party technologies to provide real-time and historical presence analytics, location monitoring, and building monitoring, as well as real-time location services and in-door positioning. The collected data allows third-party applications to alert on excessive levels of congregation, volume of traffic over time, no-go zones, violations of directional flows, or other parameters, including notifying staff when an area requires additional sterilization after prolonged or excessive occupancy. IoT Monitoring and Robotics Automation For organizations needing a high-level of visibility and environmental monitoring, Extreme offers secure wired and wireless connectivity and simple, secure device onboarding and management via ExtremeCloud IQ. The application provides complete visibility and management of connected devices that monitor health and safety, without requiring technical staff or staging services. It offers correlation of device location and gathered data, with unlimited data available in July. It also helps to manage remote operations for unmanned manufacturing facilities that are using robotics assistance to minimize staff exposure. Contact Tracing Enablement The same network that is already providing corporate communication is also continually monitoring, gathering, and recording client activity. With ExtremeWireless access points, managed by ExtremeCloud IQ, organizations have complete visibility into their distributed network traffic, providing specific location information and unlimited historical data, starting in July. Administrators can easily track where users connected, where they roamed within the facility, and what other devices were connected in those areas at the same time, and then feed that data to third-party applications that support contact tracing. Executive PerspectivesZeus Kerravala, Principal, ZK Research "Distributed connectivity demands even better centralized management. In a post-COVID world, IT teams in every industry will need more control and better insights than ever before to ensure a secure, enterprise-grade connection for employees, wherever they are located, and cloud applications and management will be required to scale and adapt.Extreme is working closely with customers and partners to implement security measures that help build trust, and to enable an agile and productive workforce wherever employees may be signing in from. Its 4th generation, unified cloud management solution makes it all possible." Ege Akpinar, CEO, Pointr"As an expert in indoor location, many employers have asked us to help with safe building re-entry. They want to deploy contact tracing so they don't have to send everyone home when one person tests positive for COVID-19. And they are looking for 'people counting' capabilities so they can monitor for overcrowding. Pointr's WorkSafe application combined with Extreme's reliable in-building connectivity solves these contact tracing and occupancy management problems. Extreme's cloud-driven, end-to-end networking solution delivers a scalable and secure network foundation to support critical health and safety applications like ours." Norman Rice, Chief Operating Officer, Extreme Networks"As we grapple with more data, coming from more places, more connected devices, and more SaaS-based applications, the cloud is becoming fundamental to establishing a new normal. This means organizations need an even better cloud one that delivers infinite 9s of uptime, dependable and uncorrupted data over an unlimited time span, and the industry's best security. That comes with a 4thgeneration cloud and Extreme is the only company that has one with its ExtremeCloud IQ platform." Webinar - Establishing a #NewNormal: Key Considerations for IT LeadersIT leaders are rapidly preparing their organizations for success in a changed world, transforming operations for better continuity, safety, insights, and control. Join leaders from the University of North Carolina, West Suffolk NHS Foundation Trust, Zwarte Cross, and Extreme on Thursday, June 4, at 2pm ET/11am PT for a discussion on approaches and best practices for creating your own IT response. Register here. Virtual ConnectTo protect the health and well-being of our customers, partners, team members, and communities, and do our part to stop the spread of COVID-19, Extreme is also embracing a new normal. Our Extreme Connect Europe 2020 conference, which was scheduled for September 14-17 in Berlin, is going virtual! More details to follow in the weeks to come. In the meantime, please save the date for our live Extreme Connect 2021conferences in Nashville (June) and Berlin (September). Additional Resources Extreme Lending Enablement and Assistance Program (LEAP) Page Rethinking the Network in a Post Pandemic Era Whitepaper Enabling the New Normal Solution Brief Using Cloud-Driven Technology to Establish a New Normal Whitepaper How Cloud-Driven Networking Makes Buildings COVID-19 Resistant Blog Businesses and Schools Have Begun Transition to the New Normal Blog A #NewNormal in Networking Blog Extreme Networks IoT Security Survey Results Report Connect with Extreme via Twitter,LinkedIn, Facebook,YouTube,and Instagram About Extreme NetworksExtreme Networks, Inc. (EXTR) creates effortless networking experiences that enable all of us to advance. We push the boundaries of technology leveraging the powers of machine learning, artificial intelligence, analytics, and automation. Over 50,000 customers globally trust our end-to-end, cloud-driven networking solutions and rely on our top-rated services and support to accelerate their digital transformation efforts and deliver progress like never before. For more information, visit Extreme'swebsiteor follow us on Twitter, LinkedIn, and Facebook. Extreme Networks, the Extreme Networks logo, ExtremeCloud and ExtremeWireless are either trademarks or registered trademarks of Extreme Networks, Inc. in the United States and/or other countries. SOURCE Extreme Networks, Inc. Related Links https://www.extremenetworks.com | Extreme Networks Leads Transition to 'New Normal' Working Environments Launches comprehensive program to provide information, insights, and cloud-driven solutions to help customers adapt and thrive |
SEATTLE, Dec. 22, 2020 /PRNewswire/ --Television viewers in the nation's 14th largest TV market can now get a taste of the future as ONE Media 3.0, a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced that it has combined both television and radio services for delivery in Seattle using the revolutionary NEXTGEN TV standard. Consumers can now begin receiving both television and radio programming in the new format. Using radio content from its over-the-top Internet service, STIRR, the audio channels will be available for free immediately to anyone with a NEXTGEN television set connected to the Web. Included among the radio channels will be Stingray Hits List, Stingray Hot Country, Stingray Latin Hits and a dozen others. The new service coincides with the launch of seven television stations using the new digital standard. Powered by ATSC 3.0, NEXTGEN TV is the most significant broadcast technology upgrade yet deployed. It permits not only extraordinary video quality but also mobile delivery and the ability to merge wireless broadcast content with content directly from the Internet. The Broadcast App developed by ONE Media 3.0 is the centerpiece for delivery of these new services. Piloted by ONE Media 3.0 in Nashville, NEXTGEN radio services, branded as "STIRR XT," are now available in Seattle. The new technology brings a new "age of radio" into the listening environment of NEXTGEN viewers by utilizing NEXTGEN-enabled TVs and mobile devices to expand the reach of audio services. Combining these Internet audio services with over-the-air radio is next on the horizon for the Seattle market. Michael Bouchard, ONE Media's VP of Technology Strategy, stated, "This breakthrough technology lays the groundwork for our future plans of enhancing the reception of terrestrial over-the-air radio services throughout the country, as NEXTGEN TV is deployed by broadcasters everywhere." The STIRR radio channels (along with some STIRR video channels) will be available immediately to anyone with a NEXTGEN TV connected to the Internet. "Utilizing the full potential of NEXTGEN TV to expand the reach of these services for our audience is the natural progression for fully utilizing our new capabilities." About ONE Media 3.0ONE Media 3.0, headquartered in Hunt Valley, MD, was established with a vision to build and globally deploy the Next Generation Broadcast Platform, enabling broadcasters to be competitive across all platforms in delivering enhanced video and data services. For more information about ONE Media 3.0, see www.onemediallc.com. SOURCE ONE Media 3.0, LLC Related Links https://onemediallc.com | ONE Media 3.0 launches its STIRR Radio App in Seattle NEXTGEN TV Service to Deliver TV and Radio |
DUBLIN--(BUSINESS WIRE)--The "Smart Pills - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Smart Pills estimated at US$314.2 Million in the year 2020, is projected to reach a revised size of US$668.2 Million by 2027, growing at a CAGR of 11.4% over the analysis period 2020-2027. Esophagus, one of the segments analyzed in the report, is projected to record a 12% CAGR and reach US$152.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Small Intestine segment is readjusted to a revised 12.4% CAGR for the next 7-year period. The U. S. Market is Estimated at $92.7 Million, While China is Forecast to Grow at 10.9% CAGR The Smart Pills market in the U. S. is estimated at US$92.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$116.9 Million by the year 2027 trailing a CAGR of 10.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 9.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR. Large Intestine Segment to Record 9.4% CAGR In the global Large Intestine segment, USA, Canada, Japan, China and Europe will drive the 9.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$49.6 Million in the year 2020 will reach a projected size of US$91.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$78.6 Million by the year 2027. The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others: Key Topics Covered: I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/1cjdy7 | Global Smart Pills Market Trajectory & Analytics, 2012-2019 & 2020-2027 - ResearchAndMarkets.com |
NEWTOWN SQUARE, Pa., Oct. 19, 2020 /PRNewswire/ --Kibow Biotech, a pioneering innovator in scientifically formulated and clinically tested probiotic dietary supplements, internationally renowned for its kidney health supplements Renadyl and Azodyl, announced today that it has released Kibow Cardio Support for sale to the general public in celebration of its 23rd Anniversary. Cardio Support is a unique probiotic dietary supplement because it is specifically designed to help promote a healthy heart. The strains in Kibow Cardio Support have shown to help remove cholesterol from food, which is then naturally eliminated as regular waste. This may help regulate the amount of cholesterol circulating within the blood. "We are particularly excited about the addition of this product because of the science behind the main ingredient in Kibow Cardio Support, Floradapt, that helps maintain both HDL and LDL cholesterol levels already in the normal range," explains Natarajan Ranganathan, Ph.D., Managing Director of Kibow Biotech.* We are also proud to have been selected by our partner Kaneka Americas to launch this landmark product to consumers in North America." Kibow Cardio Support contains a patented blend of probiotics. The three strains of L. plantarum have been studied for their own unique heart health benefits. Kibow Cardio Support also helps maintain a healthy balance of gut microflora. Floradapt is made up of three highly studied strains of L. plantarum. These specific strains have been tested to withstand the acidic environment of the stomach and intestines. The strains in Floradapt include: L. plantarum KABP-011 L. plantarum KABP-012 L. plantarum KABP-013 Kibow Cardio Support represents a milestone in targeted dietary support for the cardiovascular system. Cardio Support also provides the benefit for the consumer to have fewer products to purchase since each capsule contains a blend of three different probiotic stains. Thanks to the product's completeness, consumers can save substantially on their self-care by eliminating stand-alone dietary supplements. Kibow Cardio Support is available to the public at http://KibowCardio.com. Kibow Cardio Support is an all-natural probiotic dietary supplement designed to help you feel your best and is non-GMO, gluten free. All Kibow products are made with all-natural ingredients. For complete information about the product ingredients and pricing, please visit the product website. Science Background: Cholesterol is a naturally occurring fatty compound produced by the liver which is used to make hormones and build cells. Other cholesterol comes from foods like meat, cheese, and dairy. Cholesterol circulates in the blood, and when there is too much of it, it may lead to health risks down the road. Too much cholesterol can cause a buildup in the arteries, which causes the arteries to narrow. This may lead to a heart attack or stroke. About Kibow Biotech: Founded October 1, 1997 in Philadelphia, Kibow Biotech specializes in research, development, and commercialization of probiotic dietary supplements adhering to US FDA and FTC regulations. The Company's primary mission is to offer affordable, readily available, and easily administered nutritional supplements to support kidney health and other healthcare applications. The Company's flagship product, Renadyl, is currently marketed worldwide, according to individual countries' governmental rules and regulatory authorities. The Company's extensive scientific R&D and clinical data from three different pilot/observational scientific human clinical trials have been published in peer-reviewed scientific /medical journals (http://www.kibowbiotech.com/rd/). Forward-looking statements: This press release contains forward-looking statements that reflect management's current views of future events, including the status of development of the dietary supplements for potential health benefits in the USA and other countries. For further information, contact: Mahesh Rangan International Product Manager, Kibow Biotech, Inc. (610) 353-5130 or Email: [emailprotected] Cardio Support is marketed by Kibow Biotech under license from Kaneka Americas Holding 7979 Gateway Blvd., Suite 220, Newark, CA 94560 SOURCE Kibow Biotech, Inc. | Kibow Biotech Celebrates its 23rd Anniversary with the Launch of Ultimate Heart Health Probiotic Kibow Cardio Support |
NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of February 28, 2021. $ 234,054,499 $ 239,462,059 $ 233,104,707 $ 21.59 $ 22.09 $ 21.51 $ 21.29 $ 21.42 $ 20.61 (1.39)% (3.03)% (4.18)% 10,842,520 10,841,878 10,839,518 $ 2,096,554 $ 2,125,720 $ 2,199,032 $ (5,355,359) $ 5,299,131 $ 4,543,941 $ (3,258,805) $ 7,424,851 $ 6,742,973 $ 0.19 $ 0.20 $ 0.20 $ (0.49) $ 0.49 $ 0.42 $ (0.30) $ 0.69 $ 0.62 $ (678,568) $ (612,082) $ 287,180 $ (0.06) $ (0.06) $ 0.03 Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. (b) For the quarter indicated. (c) As of the date indicated above. This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (SEC), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SECs website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction. As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly owned-subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources. Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, an affiliate of the adviser. For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com. Hard copies of the Funds complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. Category: Financials Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds | Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 28, 2021 |
DUBLIN, March 24, 2020 /PRNewswire/ -- The "Bronchopulmonary Dysplasia - Pipeline Review, H1 2020"report has been added to ResearchAndMarkets.com's offering. This pipeline guide provides comprehensive information on the therapeutics under development for Bronchopulmonary Dysplasia (Respiratory), complete with analysis by stage of development, drug target, mechanism of action (MoA), route of administration (RoA) and molecule type. The guide covers the descriptive pharmacological action of the therapeutics, its complete research and development history and latest news and press releases. The Bronchopulmonary Dysplasia (Respiratory) pipeline guide also reviews of key players involved in therapeutic development for Bronchopulmonary Dysplasia and features dormant and discontinued projects. The guide covers therapeutics under Development by Companies /Universities /Institutes, the molecules developed by Companies in Phase II, Phase I, Preclinical and Discovery stages are 3, 2, 11 and 1 respectively. Similarly, the Universities portfolio in Phase 0 and Preclinical stages comprises 1 and 1 molecules, respectively. Bronchopulmonary Dysplasia (Respiratory) pipeline guide helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Report Scope The pipeline guide provides a snapshot of the global therapeutic landscape of Bronchopulmonary Dysplasia (Respiratory). The pipeline guide reviews pipeline therapeutics for Bronchopulmonary Dysplasia (Respiratory) by companies and universities/research institutes based on information derived from company and industry-specific sources. The pipeline guide covers pipeline products based on several stages of development ranging from pre-registration till discovery and undisclosed stages. The pipeline guide features descriptive drug profiles for the pipeline products which comprise, product description, descriptive licensing and collaboration details, R&D brief, MoA & other developmental activities. The pipeline guide reviews key companies involved in Bronchopulmonary Dysplasia (Respiratory) therapeutics and enlists all their major and minor projects. The pipeline guide evaluates Bronchopulmonary Dysplasia (Respiratory) therapeutics based on mechanism of action (MoA), drug target, route of administration (RoA) and molecule type. The pipeline guide encapsulates all the dormant and discontinued pipeline projects. The pipeline guide reviews latest news related to pipeline therapeutics for Bronchopulmonary Dysplasia (Respiratory) Key Topics Covered Introduction Report Coverage Bronchopulmonary Dysplasia - Overview Bronchopulmonary Dysplasia - Therapeutics Development Pipeline Overview Pipeline by Companies Pipeline by Universities/Institutes Products under Development by Companies Products under Development by Universities/Institutes Bronchopulmonary Dysplasia - Therapeutics Assessment Assessment by Target Assessment by Mechanism of Action Assessment by Route of Administration Assessment by Molecule Type Bronchopulmonary Dysplasia - Drug Profiles Bronchopulmonary Dysplasia - Dormant Projects Bronchopulmonary Dysplasia - Discontinued Products Bronchopulmonary Dysplasia - Product Development Milestones Featured News & Press Releases Aug 23, 2019: Medipost's Pneumostem gets FDA's fast-track designation May 15, 2019: Meridigen new Neonatal Stem Cell Drug received TFDA Approval for Clinical Trial May 09, 2019: New phase 2b analysis suggests AEROSURF may reduce incidence and severity of bronchopulmonary dysplasia in preterm infants with RDS Feb 27, 2019: Esperite N.V. with The Cell Factory has confirmed a long-term effect of extracellular vesicle drug candidate CF-MEV-132 for the treatment of bronchopulmonary dysplasia. Dec 10, 2018: New data from the AEROSURF phase 2b clinical program shows AEROSURF appears to reduce incidence and severity of Bronchopulmonary Dysplasia in preterm infants with RDS Nov 06, 2018: Esperite Group with The Cell Factory expands its extracellular vesicles product portfolio of anti-inflammatory drugs with a fourth indication : Bronchopulmonary Dysplasia Aug 24, 2018: Airway Therapeutics announces appointment of chief medical officer May 03, 2016: MEDIPOST receives US Patent for PNEUMOSTEM' for Treating Lung Disease Sep 14, 2014: MediPost America clears Phase 1/2 IND for the U.S. clinical trial on stem cell drug for lung Aug 12, 2014: MediPost, lung disease stem cell treatment drug 'Pneumostem' application for US clinical trial Jul 29, 2014: Lung disease stem cell drug designated orphan drug in development stage Feb 06, 2014: Stem cells to treat lung disease in preterm infants Sep 26, 2012: Medipost Receives KFDA Approval For Phase II Clinical Trial Of Lung Disease Medicine Pneumostem May 31, 2012: Medipost Submits Application To KFDA For Pneumostem Clinical Trial Companies Involved in Therapeutics Development Advent Therapeutics Inc Airway Therapeutics LLC Ayuvis Research Inc Chiesi Farmaceutici SpA Insmed Inc MediPost Co Ltd Meridigen Biotech Co Ltd Orphanix GmbH Radikal Therapeutics Inc Syntrix Biosystems Inc Takeda Pharmaceutical Co Ltd The Cell Factory BVBA Trimunocor Ltd United Therapeutics Corp Windtree Therapeutics Inc For more information about this report visit https://www.researchandmarkets.com/r/ogw9aw 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 | Pipeline Insights of Bronchopulmonary Dysplasia, H1 2020: Therapeutics Assessment, Drug Profiles, Companies Involved |
LONDON--(BUSINESS WIRE)--Rio Tinto has reached agreement on an amended power contract that will allow the ISAL aluminium smelter in Iceland to continue operating with an improved competitive position. The agreement with power supplier, Landsvirkjun, will deliver a more competitive power price and energy flexibility that is mutually beneficial for both ISAL and Landsvirkjun. Rio Tinto Aluminium chief executive Alf Barrios said: We are pleased to have reached an agreement on a power price that, coupled with improved efficiencies we have delivered at the site, makes ISAL more competitive. This provides a stronger footing to continue operations at the smelter and gives increased security for the team at ISAL, who have been doing an outstanding job in challenging conditions. We will continue to work to strengthen ISALs future in order to keep supplying low carbon aluminium to customers in Europe and North America, and making a significant contribution to Icelands economy. In parallel to the new agreement, Rio Tinto has decided to withdraw a complaint filed with the Icelandic Competition Authority in July 2020 regarding the energy supply for ISAL. ISAL is wholly-owned by Rio Tinto and employs around 500 workers on site. Category: ISAL | Power agreement delivers improved competitiveness for ISAL smelter |
LONDON--(BUSINESS WIRE)-- Ap19 FORM 8.3 - Amendment to purchase and sales IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION 2. INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) (1) 1,743,829 1.35% 166,654 0.13% (2) 72,359 0.06% 7,134 0.01% (3) 6,100 0.00% 6,100 0.00% 1,822,288 1.41% 179,888 0.14% (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap20 1. DEALINGS (Note 4) (a) Purchases and sales Purchase 35 234.6100 USD Purchase 50 236.1800 USD Purchase 50 235.8400 USD Purchase 59 236.2213 USD Purchase 91 236.3400 USD Purchase 100 235.9950 USD Purchase 100 237.2800 USD Purchase 100 236.8800 USD Purchase 101 235.0426 USD Purchase 134 236.2700 USD Purchase 139 236.3941 USD Purchase 139 236.0913 USD Purchase 146 235.3932 USD Purchase 191 230.8100 USD Purchase 198 235.2449 USD Purchase 200 236.3900 USD Purchase 326 235.1633 USD Purchase 715 236.6269 USD Purchase 900 234.8828 USD Purchase 900 236.4677 USD Purchase 1,043 236.2474 USD Purchase 1,680 236.4805 USD Purchase 1,687 235.5458 USD Purchase 2,254 236.5401 USD Purchase 2,512 235.2674 USD Purchase 2,869 235.0323 USD Purchase 2,887 235.9554 USD Purchase 3,883 236.3001 USD Purchase 4,125 235.1771 USD Purchase 4,932 236.2146 USD Purchase 4,994 235.8600 USD Purchase 5,852 235.1319 USD Purchase 6,236 236.2500 USD Purchase 7,049 234.9743 USD Purchase 16,749 235.5709 USD Purchase 21,282 236.2598 USD Sale 8 236.3400 USD Sale 9 236.3900 USD Sale 24 236.1400 USD Sale 36 236.4475 USD Sale 45 236.5480 USD Sale 45 236.5380 USD Sale 46 236.2371 USD Sale 63 236.5607 USD Sale 81 236.6633 USD Sale 90 236.5235 USD Sale 99 236.4177 USD Sale 117 236.4715 USD Sale 126 236.3707 USD Sale 191 230.8100 USD Sale 192 236.4300 USD Sale 200 236.7150 USD Sale 200 235.6612 USD Sale 400 233.3925 USD Sale 738 236.6312 USD Sale 840 236.4805 USD Sale 992 236.4808 USD Sale 1,612 235.6866 USD Sale 1,823 236.3537 USD Sale 1,833 235.5337 USD Sale 2,254 236.5402 USD Sale 2,337 236.5401 USD Sale 2,977 235.2035 USD Sale 4,218 235.7440 USD Sale 4,926 235.1994 USD Sale 8,499 236.2461 USD Sale 9,601 236.2500 USD Sale 12,055 235.7193 USD Sale 17,829 236.2103 USD Sale 20,000 235.1019 USD (b) Derivatives transactions (other than options transactions) Product name, e.g. CFD Nature of transaction (Note 6) Number of relevant securities (Note 7) Price per unit (Note 5) (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasing or varying Product name, e.g. call option Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including transactions in respect of new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) Ap21 2. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. None 29 Apr 2021 Large Holdings Regulatory Operations 020 3134 7213 Ap23 SUPPLEMENTAL FORM 8 IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.1 AND RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DETAILS OF OPEN POSITIONS (This form should be attached to Form 8.1(a) & (b)(i), Form 8.1(b)(ii) or Form 8.3, as appropriate) OPEN POSITIONS (Note 1) Put Options Purchased -100 220.0000 American Jul 16, 2021 Call Options Purchased 100 240.0000 American Jul 16, 2021 Call Options Purchased 6,000 220.0000 American Jul 16, 2021 Put Options Purchased -6,000 200.0000 American Jul 16, 2021 Notes 1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form. 2. For all prices and other monetary amounts, the currency must be stated. For full details of disclosure requirements, see Rule 8 of the Rules. If in doubt, consult the Panel. | Form 8.3 - WILLIS TOWERS WATSON PLC - Amendment |
PITTSBURGH, July 13, 2020 /PRNewswire/ -- "I am an avid golfer and have missed many putts due to debris such as leaves and sand in my putting line," said an inventor from Atlantic Beach, Florida. "This inspired me to develop a time-saving means to remove leaves, sand and other debris to improve my chances of making a putt." She developed the ULTIMATE GOLF FAN that quickly and easily removes sand, dirt, leaves or twigs off the projected path of a putt. This ensures that the debris did not adversely affect the putting line of the ball. This compact invention saves time and effort while possibly lowering the golfer's score. Additionally, it provides a divot repairer and a ball marker, readily available for use. The original design was submitted to the Jacksonville sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-JHA-245, 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 | InventHelp Inventor Develops Golf Hand-Held Blower (JHA-245) |
SHANGHAI, April 14, 2021 /PRNewswire/ -- Gannex, a wholly owned company of Ascletis Pharma Inc. (HKEX: 1672), fully dedicated to the R&D and commercialization of new drugs in the field of non-alcoholic steatohepatitis (NASH), today announces the dosing of the first cohort in the U.S. Phase Iclinical study of drug interaction and non-alcoholic fatty liver disease (NAFLD) patient pharmacokinetics for ASC41 oral tablets, a liver-targeted prodrug. The active metabolite of ASC41 is a selective thyroid hormone receptor beta (THR-) agonist. On 25 February 2021, Gannex announced the Investigational New Drug Application (IND) approval by the U.S. Food and Drug Administration (FDA) for ASC41 oral tablets. This clinical study consists of two cohorts: the first cohort is a drug-drug interaction study to evaluate the effect of itraconazole and phenytoin on the pharmacokinetics of ASC41 oral tablets in healthy volunteers, and the second cohort is a study to evaluate the pharmacokinetics, safety and tolerability of ASC41 oral tablets in patients with NAFLD. Melissa Palmer, MD, Chief Medical Officer of Gannex, said, "We are excited about the dosing of the first cohort in the U.S. only one and half a months after IND approval by the FDA. This demonstrates the execution excellence of our clinical development team and the dedication of Gannex to the development of a drug for patients with NASH." Dr. Handan He, Chief Scientific Officer of Ascletis, said, "This study will offer important drug interaction information and pharmacokinetic data in patients with NAFLD which will accelerate our global clinical development for ASC41 oral tablets." About Ascletis Ascletis is an innovative R&D driven biotech and listed on Hong Kong Stock Exchange (1672.HK). Ascletis is committed to developing and commercializing innovative drugs in the areas of NASH, cancer lipid metabolism and oral checkpoint inhibitors, viral hepatitis and HIV/AIDS for unmet medical needs in China and globally. Led by a management team with deep expertise and a proven track record, Ascletis has developed into a fully integrated platform covering the entire value chain from discovery and development to manufacturing and commercialization. Ascletis has three marketed products and seventeen R&D pipeline drug candidates or combination therapies (eleven of them developed in-house). 1. NASH: Gannex, a wholly-owned company of Ascletis, is fully dedicated to the R&D and commercialization of new drugs in the field of NASH. Gannex has three clinical stage drug candidates against three different targets FASN, THR-beta and FXR, and three pre-clinical stage combination therapies. 2. Cancer lipid metabolism and oral checkpoint inhibitors: focus on a pipeline of oral inhibitors targeting FASN which plays a key role in cancer lipid metabolism and a pipeline of oral PD-L1 small molecule inhibitors as the next generation checkpoint inhibitors. 3. Viral hepatitis: (i) Hepatitis B: focus on breakthrough therapies for HBV clinical cure with subcutaneously injected PD-L1 antibody - ASC22 and Pegasys as cornerstone drugs. (ii) Hepatitis C: successfully launched all oral regimen of ASCLEVIR and GANOVO combination (RDV/DNV regimen); and ASC18 fixed dose combination (FDC) is an upgraded version of RDV/DNV regimen with bridging study finished. 4. HIV/AIDS: ASC09F is a FDC treatment of HIV targeting protease. The clinical trial application of ASC09F has been approved. For more information, please visitwww.ascletis.com. SOURCE Ascletis Pharma Inc. Related Links http://www.ascletis.com | Gannex Announces the First Cohort Dosed in a U.S. Clinical Study with THR- Agonist ASC41 |
NEW YORK, December 7, 2020 /PRNewswire/ --Today, Sony/ATV Music Publishing announced Naomi Asher has joined the company as Vice President, Neighbouring Rights, UK & International. She is based in Sony/ATV's London office, and reports directly to President and Co-Managing Director David Ventura and Co-Managing Director Tim Major. (PRNewsfoto/Sony/ATV) In this role, Naomi is responsible for managing the company's Neighbouring Rights division and driving its continued growth. She also will maintain relationships with societies and clients across the UK and internationally and create strategic initiatives to ensure performers receive fair pay. Tim Major, Sony/ATV UK Co-Managing Director and David Ventura, President and Co-Managing Director said, "We are so pleased that Naomi has chosen to join us at what feels like a pivotal time for our business. She has a wealth of experience in the Neighbouring Rights space and will help us to expand our business in this area on a global scale and nurture and develop our dynamic and enthusiastic team." Naomi said, "I cannot be more thrilled to have joined the Sony/ATV Neighbouring Rights team. It's an exciting time to be part for this community and there is so much Sony/ATV can bring to this area of business."Prior to joining Sony/ATV, Naomi was Director and President, Wixen Music UK Ltd., where she worked to expand its Neighbouring Rights division. During her time at Wixen, she co-founded the Independent Alliance for Artist Rights (IAFAR), a trade body for the Neighbouring Rights business, and has been a leading advocate for standardization and increased transparency in this market throughout the industry. Hailing from Los Angeles, Naomi originally started her UK music industry career in the musical theatre business working for various theatres.SOURCE Sony/ATV Related Links sonyatv.com | Sony/ATV Names Naomi Asher VP, Neighbouring Rights, UK & International |
NEWARK, Calif., June 23, 2020 /PRNewswire/ --Global digital transformation agency TA Digital today named two senior appointments in its sales leadership team. This announcement comes as TA Digital continues to make an aggressive push towards expanding its client base in newer geographies. In the past, the company has been in the news for adding more depth to its technology practices. Dan Horman has been appointed as the Director of Inside Sales.Dan has over fifteen years of experience in prospecting and leveraging tools to make people more efficient in connecting with prospects and customers. "I'm grateful to become part of TA Digital's growth and am excited to be working with such talented people. I'm excited about TA Digital's focused expertise and look forward to working with the best brands in the world that are continuously transforming and innovating with us," said Dan, speaking on his new role at TA Digital. Before TA Digital, Dan spent over ten years at Adobe, helping to grow their Inside Sales program. He helped pioneer their inbound lead follow up efforts, helped build their Public Sector Inside Sales Team, and led many of their Strategic Vertical teams for Digital Media and Digital Marketing. After Adobe, Dan joined ObservePoint where he also helped streamline their Inside Sales efforts and built out an international team. Terri James has been appointed as Sr. Sales Director South Central.Terri has joined TA Digital to help build out the South-Central region, leveraging a full portfolio of award-winning practices against leading technologies across multiple industries and complex business needs. She is a strategic sales executive that thrives on helping business leaders and companies through the transformative journey of competing and driving success within a digital based marketplace. "I am excited to join the TA Digital team and continue the expansion of our brand and position as a leading digital consultancy into the strong, thriving markets of the South-Central region as we continue our national recovery. Focusing on the transformative and stabilizing impact of a digital economy in today's markets, I look forward to working with business leaders to deliver against their strategic initiatives," said Terri, speaking on her new role at TA Digital. Prior to joining TA Digital, Terri has held leadership and senior sales roles providing both technology and digital services across a variety of Enterprise and SMB accounts most recently with Perficient, Gorilla Group/Wasserman Media Group, and Adobe. "While Covid-19 is a huge humanitarian crisis, TA Digital also sees this as a strong catalyst for accelerating the pace of digital transformation. We are taking bold steps in strengthening our leadership team to drive revenue growth, customer engagement and sales outreach. Dan will be leading our business development team globally and is committed to raising the bar in creating a truly exceptional experience for our customers," said Rajiv Rohmetra, CEO, TA Digital. He added, "Terri brings in a wealth of knowledge and experience in digital commerce and content management ecosystems. Our current and prospective customers in South-Central US region will largely benefit from her expertise. We are delighted to have Dan and Terri join our leadership team." About TA Digital TA Digital is the only global boutique agency that delivers the "best of both worlds" to clients seeking to achieve organizational success through digital transformation. Unlike smaller, regional agencies that lack the ability to scale or large organizations that succumb to a quantity-over-quality approach, we offer resource diversity while also providing meticulous attention to the details that enable strategic success. Over the past 20 years, TA Digital has positioned clients to achieve digital maturity by focusing on data, customer-centricity and exponential return on investment; by melding exceptional user experience and data-driven methodologies with artificial intelligence and machine learning, we enable digital transformations that intelligently build upon the strategies we set into motion. We are known as a global leader that assists marketing and technology executives in understanding the digital ecosystem while identifying cultural and operational gaps within their business ultimately ushering organizations toward a more mature model and profitable digital landscape. Recognized in 2013, 2014, 2015, and 2019Inc. 5000list as one of the most successful technology companies in the United States, TA Digital is pleased also to share high-level strategic partnerships with world class digital experience platform companies likeAdobe,SAPand Salesforce and possess global partnerships with industry leaders such asSitecore,Episerver,Elastic Path,BigCommerce,AWS,Azureand Coveo. Media Contact: Marketing Department 734-238-0005 [emailprotected] SOURCE TA Digital | TA Digital Announces Senior Sales Leadership Appointments in the Americas |
AUSTIN, Texas, Oct. 27, 2020 /PRNewswire/ --One Touch Video Banking announces its new software release, Version 5.0: "Beyond Video Banking." Carrie Chitsey, Co-Founder and CEO says that"With financial institutions being forced with COVID to close face-to-face interactions with prospects and clients, it's fast-tracked video interactions such as video banking as a top priority overnight for banks and credit unions. We fast-tracked our new release given the 500%+ increase in the use of video banking from our client base and insights from our customers on what they need to be successful in virtual customer workflows." Continue Reading Beyond Video Banking Most financial institutions are currently struggling to acquire and service customers virtually with a dispersed workforce. This has proven that video conferencing while working for internal communication is not meant for external video connections with prospects and customers. This release goes beyond a 1:1 video call which increases operational efficiencies and conversation rates within built-in virtual workflows. Banks need a virtual solution to service their current customers and acquire new ones. Drive-thru banking consults and ITMs don't deliver customer satisfaction like video banking from home offers. Our White Paper "The Future of Banking: Best Practices for the Virtual Banking Ecosystem" goes in-depth on how to transform a fragmented and physically dependent model to a hybrid video banking model. One Touch Video Banking leads the live video banking industry by providing customer convenience and more personalized interactions. One Touch Video Banking takes the next steps to revolutionize the banking industry by introducing critical new features that go "Beyond Video Banking."Version 5.0 New Feature HighlightsImage Capture: Take high-res (4K) images in real-time for identity authentication for credit applications, opening a new account, and more.Connection Health Meter: See the customer and employee bandwidth, camera resolution, and other parameters in real-time to optimize video quality and connectivity.In-Video Messaging: Send branch addresses, phone numbers, disclosures, or employee information for referrals.In-Video Secure Link: Send secure URLs through our in-video messaging feature to applications, product-specific links, PDFs, and more.Multi-Party Connect: Utilize this feature for a branch to branch employee optimization, transfer, and/or escalate issues across branches or at-home. Add external parties such as spouses, CPAs, financial advisors, etc.Screen Share: Give employees the capability to share their screen to review products, provide online banking technical support, and help customers through an application process.Tolearn moreabout One Touch Video Banking or why going "Beyond Video Banking" can benefit your financial institution.About One Touch Video BankingOne Touch Video Banking was founded on the principle of providing community banks and credit unions a more cost-effective way to increase face to face relationships with prospects and customers virtually through real-time video. Our video banking platform allows employees to service and acquire customers instantly. With our Click. Click. Connect simplicity, we make it possible to plug into your existing marketing and communication workflow with a white-labeled experience.Media Contact:Carrie Chitsey512-717-9824[emailprotected]SOURCE One Touch Video Banking Related Links https://otvideochat.com | One Touch Video Banking Launches New Release 5.0 Beyond Video Banking |
PARIS--(BUSINESS WIRE)--Regulatory News: Europcar Mobility Group (Paris:EUCAR) is proud to announce the extension of its strategic alliances with ECO Rent a Car in India and Shouqi Car Rental in China for its Europcar brand. Europcar Mobility Group is present in more than 140 countries, with wholly owned subsidiaries, franchisees and a strong network of alliance partners. The aim is to cover the entire world, serving as many customers as possible with the same high standards of quality of service. Europcar Mobility Group partners with ECO since 2018 and with Shouqi Car Rental since 2017. ECO Rent a Car is Indias leading professional car rental since 1974, based in New Delhi. It offers a 5,000+ vehicles fleet across all categories and its services are spread across another 45 cities in India. Shouqi Car Rental is one of the leading mobility players in China with a fleet of more than 70,000 vehicles with its network of 79 stations across China. With COVID-19 vaccination campaigns being currently rolled out, international travels will soon resume. The Group is therefore preparing for the market rebound, renewing these two solid partnerships which will allow the Europcar brand to benefit from the strong inflow of Indian and Chinese tourists throughout the world in the years to come. As a reminder, China has been the largest source market over the past 10 years, characterized by a rapid and steady double-digit growth. As an illustration, in 2018, there were around 150 M outbound trips* from China and Chinese tourists. At the same period, India represented approximately 25 M of tourists* travelling abroad each year, with an equivalent pattern of rapid growth compared to China. India and China are expected to recover pre-COVID levels of travels before end of 2021. Rajesh Loomba, ECO Rent a Cars Managing Director says: We are delighted to extend and strengthen our strategic partnership with Europcar. Our combined strength and expertise have been a perfect fit with our strategic agenda to bring global standards to India. We are glad to continue travelling together to serve our customers with the finest high-quality mobility solutions. Yang Jun Wei, Shouqi Car Rental CEO comments: "We are very pleased to start the fifth year of close cooperation with Europcar. Since 2017, the two parties have been providing high quality transportation services with a highly compatible service tenet, allowing more Chinese customers to experience professional global car rental services from Europcar, and at the same time providing a truly "global car rental service, available on one site". In the future, Shouqi car rental will continue to work with Europcar to provide professional and convenient global car rental services to more corporate and direct customers. Fabrizio Ruggiero, Europcar Mobility Group Deputy CEO adds: "Europcar Mobility Group is delighted to have renewed our strategic alliances with our partners Shouqi in China & ECO in India. Both these partners have our mutual customers at the heart of their operations to ensure best in class service excellence within their countries and also know that their customers will receive a consistent high service experience throughout our worldwide network. We look forward to continuing and growing our successful relationships as we emerge from the global pandemic." About Europcar Mobility Group Europcar Mobility Group is a major player in mobility markets and listed on Euronext Paris. The mission of Europcar Mobility Group is to be the preferred Mobility Service Company by offering attractive alternatives to vehicle ownership, with a wide range of mobility-related services and solutions: car rental and light commercial vehicle rental, car-sharing and van-sharing. Customers satisfaction is at the heart of the Groups mission and all of its employees and this commitment fuels the continuous development of new services. Europcar Mobility Group operates through a diversified portfolio of brands meeting every customer specific needs and use cases, be it for 1 hour, 1 day, 1 week or longer ; its 4 major brands being: Europcar - the European leader of car rental and light commercial vehicle rental, Goldcar - the low-cost car-rental Leader in Europe, InterRent mid-tier car rental and Ubeeqo one of the European leaders of round-trip car sharing (BtoB, BtoC). Europcar Mobility Group delivers its mobility solutions worldwide solutions through an extensive network in over 140 countries (including wholly owned subsidiaries 18 in Europe, 1 in the USA, 2 in Australia and New Zealand completed by franchises and partners). Further details on our website: www.europcar-mobility-group.com *Source : UNWTO (UN World Tourism Organisation) | Europcar Mobility Group Renews Its Alliances With ECO Rent a Car in India and Shouqi Car Rental in China |
NEW YORK, Jan. 26, 2021 /PRNewswire/ -- Common, the leading real estate brand and tech-driven operating platform, has chosen the finalists for the Remote Work Hub, a Request For Proposals (RFP) to design and build a first-of-its-kind development for a distributed workforce. The five finalists represent five different unique visions and categories of emerging cities that are poised to benefit from the sweeping popularity and necessity of remote work. Respondents from New Orleans, Bentonville, Ogden, Rocky Mount, and Rochester will move into the workshop phase to become Common's first ever Remote Work Hub locations. In August 2020, Common issued the Remote Work Hub RFP, a site selection competition that asked both public and private respondents to submit locations for the first Hub. The RFP had two major goals. One was to build a real estate product for the way millions of Americans are already living: in the same places that they work. The other was to attract economic development to up-and-coming cities in a world where a worker's location isn't dictated by their employer. The RFP received 28 responses, a selection of which were presented to the Remote Work Hub Advising Jury including Amy Nelson CEO of Venture for America and Adam Demuyakor Co-Founder and Managing Partner at Wilshire Lane Partners. The submissions were judged on a scale of factors including affordability, geographic location, site context, executability, and product vision. "It has become overwhelmingly clear over the past nine months that traditional corporate life - every employee going to the office every day - is no longer the way things will get done in a post-pandemic America. While this enables workers to live literally anywhere, I am bullish on cities and believe most will choose to live near others, favoring amenities, culture, and socialization," said Brad Hargreaves, the Founder and CEO of Common. "The responses we received to the Remote Work Hub RFP were outstanding in their quality and vision of the future of residential real estate. I am thrilled to be taking Common's brand to these new locations and build the natural connection between work and life in modern residential real estate." The five finalists for the Remote Work Hub RFP are: The Established City: NOLA Workstyle in New Orleans, Louisiana. Submitted by Formwork Development, NOLA Workstyle provides remote workers a home in a diverse and culturally rich city, and balances the demands of remote work with access to an urban linear park that resembles the Beltline in Atlanta and the Highline in New York City. Within the growing and diverse Mid-City neighborhood, the proposal includes a series of buildings containing over 200 residential units featuring private outdoor spaces with flexible floor plans including in-home work areas, and targets that 35% of the project scope will be performed by minority or women-owned businesses. The Under the Radar Gem: Downtown Bentonville, Arkansas. Bentonville is an affordable midsize city on the rise, with strong leadership and local champions for economic opportunity. The proposal from local real estate trailblazers Blue Crane LLC is a multi-acre that will be master-planned to create a new destination in the city. Northwest Arkansas is home to multiple fortune 500 companies, world-class museums, the University of Arkansas, and well-loved trail systems. The region is economically strong and a great place for startups, entrepreneurship, and established companies alike. This paired with the region's high quality of life makes Northwest Arkansas a strong choice for developers and investors. Bentonville has a thriving cycling community and was recently named Mountain Biking Capital of the World, where approximately 130 miles of single-track mountain biking trails connect to the city's downtown. Daily life in Bentonville offers local art and culinary experiences, including performances, an expanding public art scene, restaurants, craft breweries, and more. Placemaking Perfected: Rocky Mount Mills in Rocky Mount, NC: After completing the renovation of a 200-year old cotton mill with offices, residences, a tiny home hotel and microbrewery incubator, family-owned Capitol Broadcasting Company is looking to tackle the urban-rural divide in the second phase of the project. The site, adjacent to the first phase is 45 minutes east of Raleigh and includes a 100,000 square foot textile mill that will reimagine a live-work hub borrowing lessons from CBC's work on its own startup hub (American Underground) and historic renovation project (American Tobacco Campus) in Durham, NC. The Remote Work Destination: Electric Alley & Powder Mountain in Ogden, Utah. Submitted by a partnership between Outlier Realty Capital and Powder Development, Electric Alley & Powder Mountain is a multi-phase development touching both downtown Ogden and Powder Mountain, North America's largest ski resort. Totaling about 200k square feet of buildable space in the heart of Downtown Ogden, the site envisions live, work, and play through multiple mixed-use buildings offering a wide variety of amenities and seamless access to some of the best recreation in the country. A 2021 Revival: The Aqueduct in Rochester, New York. The Aqueduct is an iconic historic landmark campus with a park located on the Genesee river at the center of downtown Rochester. This seven building adaptive reuse development includes 194k square feet of space previously used as commercial office that will be renovated into 150+ residential units/beds, remote work spaces, amenity, and commercial spaces. This transformative project will create a unique live, work, and play campus that will be a mecca for tech workers, students, and artisans to collaborate and experience pop up events in Aqueduct Park. Aqueduct will be programmed with retail/amenity spaces that connect to the Roc the Riverway promenade which will further activate the west side of the riverfront. The developer's major investment continues the economic revitalization of downtown Rochester, building upon the innovation ecosystem and remote work initiatives already established by ROC 2025. Principals on the project include Landers Management, Costanza Enterprises, and Rob Sands. Starting at the end of December, the finalists began design and development workshops with Common's architecture team, Common Studio. In these workshops, each respondent will determine the typology and workspace layout that fits best within their building and the context of the community. Common intends to pursue projects with all five finalists, and the detailed architectural Remote Work Hub concepts in each location will be revealed to the public this Spring. For more information visit remoteworkhub.common.com, or reach out to Common's real estate team at [emailprotected]. About Common Common is the leading residential brand and operating platform that designs, leases, and manages multifamily properties that appeal to today's renters. Through smart design and tech-enabled property management, Common delivers exceptional experiences across eleven cities and over 4,000 members in all types of multifamily apartments: coliving, microunit, and traditional. We are the preferred choice for both residents looking for a stress-free and all-inclusive living environment from a trusted brand, and for real estate owners seeking reliable, above-market returns. The Common platform also includes workforce housing management brand Noah and family-first urban designer and operator Kin. With over 18,000 units signed and under development and over $110 million in venture capital investment, Common is expanding into 22 cities across the world. To work with us, visit our partners page or follow us on Instagram at @common.living. Media Contact: [emailprotected] SOURCE Common Related Links www.common.com | Common Reveals Remote Work Hub RFP Finalists, Identifies Cities Poised for Remote Work-Fueled Growth Projects in New Orleans, Bentonville, Ogden, Rocky Mount, and Rochester will begin concept workshops with Common Studio to define how live and work connect in a post-COVID-19 world |
LONDON, April 8, 2020 /PRNewswire/ -- Incredibly, the debate about HS2 has been discussed for longer than Brexit, and yet the government are yet to confirm whether it can fully go ahead. During this time, speculation has been rife as to whether it will have a positive or negative effect on house prices. Property Rescuehave delved into the details to help homeowners understand exactly what sort of effect HS2 will have on the price of their property. The study found that there will be both positive and negative fluctuations over the period of build and launch, with potentially an initial negative impact for those within half a kilometre of the line. Research has found that the disruption caused during construction on similar lines, such as HS1, saw prices drop dramatically, although prices did recover once work was complete. In the long term, prices are set to increase, with some Birmingham properties already seeing significant rises, in some cases as large as 17% since 2017. Danny Nieberg, Director at Property Rescue said, "It's common that the disruption caused by major projects can have a temporary negative effect on house prices. "However, in the case of HS2, faster connections will ultimately prove a huge benefit and boost house prices in cities north of the capital, including Leeds, Manchester and Birmingham." You can view the full report at: https://www.propertyrescue.co.uk/useful-guides-articles/the-impact-of-hs2-on-the-property-market-a-detailed-look/ About Property Rescue Property Rescue have been buying properties for well over a decade and have an expert team who purchase properties directly from the homeowner without a middleman. Property Rescue have helped thousands of people sell their houses over the years and can exchange contracts, offering a guaranteed sale in as little as 48 hours, no matter what condition the property is in. For more information, visit the Property Rescue website: www.propertyrescue.co.uk SOURCE Property Rescue | Full Steam Ahead: Property Rescue Looks at The Impact of HS2 on the Property Market |
LOS ANGELES, Jan. 20, 2021 /PRNewswire/ --The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit againstSolarWinds Corporation ("SolarWinds" or "the Company") (NYSE: SWI)for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 24, 2020 and December 15, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before March 5, 2021. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website atwww.schallfirm.com, or by email at[emailprotected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. SolarWinds' Orion monitoring product suffered from a vulnerability since the middle of 2020 that allowed hackers to force access to servers running the compromised software. The Company's update server was not adequately secured, for example, its password was "solarwinds123." The Company's customers, including Microsoft, the Federal government, and others were left vulnerable to hackers. This vulnerability and subsequent hacks of these organizations led to severe reputational harm for the Company. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about SolarWinds, investors suffered damages. Join the caseto recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. SOURCE The Schall Law Firm Related Links www.schallfirm.com | INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against SolarWinds Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm |
VANCOUVER, BC, Aug. 6, 2020 /PRNewswire/ - Alaska Airlines, the fifth-largest US airline based on passenger traffic, has partnered with PressReader, the world's premium digital newspaper and magazine app, to bring global content to all Alaska Lounges across the country, including Seattle, Anchorage, Los Angeles, and Portland. Alaska Lounges join a growing network of over 150 lounges worldwide that provide access to PressReader, including newest partners, Swissport'sAspire and Club Aspire Lounges, as well as MAG USA's Escape Lounges. Known for industry-leading reliability, service and guest rewards, Alaska Airlines continues to be highly ranked by flyers for its service and inflight experience. Now, eligible guests at Alaska Lounges will benefit from being able to access more than 7,000 quality trusted newspapers and magazines from some 120 countries, in over 60 languages, including top US, Canadian, and Mexican publications. "As part of our commitment to providing Next-Level Care, we have removed physical newspapers from our lounges," said Alex Judson, Manager of Alliances & Lounges. "We're thrilled to partner with PressReader to provide our guests with digital access to newspapers and magazines from their personal devices while on our Wi-Fi." As travel resumes, safety regulations have heightened, encouraging a contactless experience with new recommendations such as touchless lounge entry, and the removal of high-touch surfaces like print newspapers and magazines. However, going contactless should not mean reducing a traveler's quality of experience and choice. By replacing print publications with digital in Alaska Lounges, the carrier is embracing new ways of operation that meet safety regulations while enhancing customer choice. Travelers can even download content to read on-the-go, and they are no longer stuck reading exclusively within the four walls of the lounge. For Alaska, this means delivering personalized content the way travelers want it -- immediately in their pocket; and50% of travelers agree, citing digital access to newspapers and magazines on their own device enhances their experience. "We're excited that we're doing our part to help Alaska Airlines deliver on its promise to passengers. For travelers, it's all about choice, convenience, and offering an engaging customer journey that's sustainable. With PressReader now available in Alaska Lounges, travelers have a world of options without being limited to a single or a handful of publications. It's a personalized experience with the publications they want on their own device, without compromising convenience and choice," said Alex Kroogman, CEO, PressReader Group of Companies. Not only does the new partnership offer much-improved choice and customer experience - it also keeps true to Alaska's long-standing sustainability promise and program coined LIFT. Reducing their environmental impact to protect the beautiful places in which we live and fly is rooted in Alaska Airlines' DNA. The carrier was the first airline to embrace composting, as well as remove single-use plastic straws and citrus picks from planes and lounges. Long considered an industry leader in sustainability, Alaska is also the leading US airline on the Dow Jones Sustainability Index. By investing in digital newspapers and magazines through PressReader, Alaska will continue to exceed their sustainability goals and build a cleaner future by diverting paper waste. Alaska Airlines continues to invest in its customer experience and has recently announced that it plans to join the oneworld Alliancein the next few months. In doing so, their travelers will soon have access to expanded amenities within a tremendous international network. Alaska becomes oneworld's 14th member of world-class airlines, joining top members who already provide access to PressReader, such as British Airways, Cathay Pacific, and Iberia. PressReader is helping its commercial aviation partners like Alaska Airlines offer personalized choice and safety while traveling within new ways of operating, and they are not alone. In addition to several of the oneworld Alliance partners, other carriers like Air Canada, JetBlue, and Turkish Airlines, already deliver an enhanced travel experience in partnership with PressReader. By collaborating with PressReader, airlines and airport lounges provide choice in a safe, scalable, and sustainable way, using technology to offer premium content to add value to the passenger experience, while also increasing sustainability and operational efficiency. AboutPressReader PressReader is on a mission to improve the way people discover stories that matter to them. With offices inVancouver,Dublin, andManila, the company provides the largest all-you-can-read platform of newspapers and magazines where people can discover relevant and trusted content from anywhere in the world.Find publications such as The Wall Street Journal, The Washington Post,Los Angeles Times, The Globe and Mail, The Guardian, Newsweek, Forbes, Le Figaro,andVanity Fair, to name just a few. Using their phone, tablet, or computer, readers canbrowse content onlineor download entire issues using thePressReader app. They can subscribe for unlimited access, or get the full experience sponsored by one of its brand partners -businesses that leverage the premium content platform to enhance their customers' experience -household names like British Airways, Turkish Airlines, Cathay Pacific, Air Canada, Marriott, Fairmont Hotels, Seabourn Cruise Lines,Princeton University, and the New York Public Library. SOURCE PressReader Inc. Related Links http://www.pressreader.com/ | Alaska Airlines announces new partnership with PressReader: Opens Alaska Lounge doors to global digital newspapers and magazines |
NEW YORK, June 4, 2020 /PRNewswire/ -- Amid the COVID-19 crisis and the looming economic recession, the Metrology Software market worldwide will grow by a projected US$415 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 6.9%. Electronics & Manufacturing, one of the segments analyzed and sized in this study, is forecast to grow at over 8.5% and reach a market size of US$428.8 Million by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Electronics & Manufacturing market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions. Read the full report: https://www.reportlinker.com/p01861866/?utm_source=PRN As part of the new emerging geographic scenario, the United States is forecast to readjust to a 5.4% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$12.6 Million to the region's size over the next 7 to 8 years. In addition, over US$11.7 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Electronics & Manufacturing segment will reach a market size of US$15.8 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Metrology Software market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 11.5% over the next couple of years and add approximately US$110.1 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Metrology Software market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies. Competitors identified in this market include, among others, 3D Systems, Inc.; Aberlink Ltd.; AICON 3D Systems GmbH; Automated Precision, Inc.; BuildIT Software & Solutions Ltd.; Carl Zeiss Industrial Metrology; Creaform, Inc.; Delcam Ltd.; FARO Technologies Inc.; GOM GmbH; Heidenhain Corporation; Hexagon AB; Hexagon Manufacturing Intelligence; Image Metrology A/S; Innovative Metrology Solutions; InnovMetric Software Inc.; Kotem; Metrologic Group SA; Metrology Software Products Ltd.; Micro-Vu Corporation; Mitutoyo Corporation; New River Kinematics, Inc.; Nikon Corporation; Optical Gaging Products; Quality Vision International, Inc.; RAM Optical Instrumentation; Renishaw plc; Rudolph Technologies, Inc.; The L.S. Starrett Company; Verisurf Software, Inc. Read the full report: https://www.reportlinker.com/p01861866/?utm_source=PRN METROLOGY SOFTWARE MCP-7 MARKET ANALYSIS, TRENDS, AND FORECASTS, JUNE 2 CONTENTS I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Metrology Software: Enabling Efficient Control and Optimization of Resources Recent Market Activity Evolution of Automotive Metrology Industrial Internet of Things and Metrology Software Consolidated Nature of the Market Global Market Outlook GDP Growth and Metrology Software Manufacturing PMI - An Important Bellwether Global Competitor Market Shares Metrology Software Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS 3D Systems Corporation (USA) Aberlink Ltd. (UK) Automated Precision, Inc. (USA) Carl Zeiss Industrial Metrology (Germany) Creaform, Inc. (Canada) Delcam Ltd. (UK) FARO Technologies Inc. (USA) BuildIT Software & Solutions Ltd. (Canada) GOM GmbH (Germany) Heidenhain Corporation (USA) Hexagon AB (Sweden) AICON 3D Systems GmbH (Germany) Hexagon Manufacturing Intelligence (UK) New River Kinematics, Inc. (USA) Image Metrology A/S (Denmark) Innovative Metrology Solutions (IMS) (USA) InnovMetric Software Inc. (Canada) Metrologic Group SA (France) Metrology Software Products Ltd. (UK) Micro-Vu Corporation (USA) Mitutoyo Corporation (Japan) Nikon Corporation (Japan) Quality Vision International, Inc. (USA) Kotem (Hungary) Optical Gaging Products (OGP) (USA) RAM Optical Instrumentation (USA) Renishaw plc (UK) Rudolph Technologies, Inc. (USA) The L.S. Starrett Company (USA) Verisurf Software, Inc. (USA) 3. MARKET TRENDS & DRIVERS Global Dimensional Metrology Market Witnesses Technological Saturation Market Dynamics within the Dimensional Metrology Market Aerospace and Automotive Industries Drive the Market Portable Devices to Drive the Market 3D and CAD Applications Offer Growth Opportunities International Standardization of Metrology Bodes Well For the Market Increasing Demand for Portable Metrology Solutions Drives the Metrology Software Market Precision Engineering Drives Innovations in Metrology Software Metrology Software Advancements: Spearheading Growth Point Cloud Metrology Software Geometric Dimensioning and Tolerancing Laser Scanning Technology in Metrology Software On-Machine Metrology Software Multisensor Metrology Software Automated Metrology Software Robotic Metrology Non-Contact/Optical Metrology Software Market on the Rise Recent Metrology Software Advancements Research Focuses on Bridging Gap between CT and Metrology Metrology Outsourcing: A Key Trend Manufacturing Industry: Primary Consumer Base for Metrology Solutions Growing Automobiles Production Drives Metrology Software Demand Rebounding Automobile Production Fuels Demand for Metrology Software Increasing Emphasis on Automation in the Sector Bodes Well for the Market Heavy Equipment Industry Promises Bright Prospects Novel Defense Applications Offer Robust Growth Opportunities Automation in the Aerospace and Shipbuilding Industry Fuels Demand Robust Activity in the Renewable Energy Sector Spur Market Opportunities Electronics Industry Applications Strengthen Market Prospects Applications in Telecommunications, Satellites and Space Sectors Offers Lucrative Opportunities Biomedical Applications Promise Bright Prospects Metrology Software Applications Gaining Ground in the Textile Industry Robust Demand for Consumer Goods and Household Appliances: A Key Growth Driver Rising Demand for Agricultural Machinery Lends Traction to Market Growth Developing Countries Drive Future Market Growth Off-Shoring of Manufacturing Activity Boosts Demand for Metrology Software Market in Developing Countries Mega Demographic Trends: Long-Term Implications for the Metrology Industry Rising Global Population Aging Population Rising Disposable Incomes and Burgeoning Middle Class Population 4. GLOBAL MARKET PERSPECTIVE Table 1: Metrology Software Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 2: Metrology Software Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019 Table 3: Metrology Software Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Electronics & Manufacturing (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027 Table 5: Electronics & Manufacturing (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019 Table 6: Electronics & Manufacturing (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2VS 2027 Table 7: Power & Energy (Application) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027 Table 8: Power & Energy (Application) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019 Table 9: Power & Energy (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027 Table 10: Automotive (Application) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 11: Automotive (Application) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019 Table 12: Automotive (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027 Table 13: Aerospace & Defense (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027 Table 14: Aerospace & Defense (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019 Table 15: Aerospace & Defense (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027 Table 16: Other Applications (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 17: Other Applications (Application) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019 Table 18: Other Applications (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Metrology Software Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 19: United States Metrology Software Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027 Table 20: Metrology Software Historic Demand Patterns in the United States by Application in US$ Thousand for 2012-2019 Table 21: Metrology Software Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027 CANADA Table 22: Canadian Metrology Software Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027 Table 23: Metrology Software Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2012-2019 Table 24: Canadian Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 JAPAN Table 25: Japanese Demand Estimates and Forecasts for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 26: Japanese Metrology Software Market in US$ Thousand by Application: 2012-2019 Table 27: Metrology Software Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027 CHINA Table 28: Chinese Demand for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 29: Metrology Software Market Review in China in US$ Thousand by Application: 2012-2019 Table 30: Chinese Metrology Software Market Share Breakdown by Application: 2012 VS 2020 VS 2027 EUROPE Market Facts & Figures European Metrology Software Market: Competitor Market Share Scenario (in %) for 2020 & 2025 Market Analytics Table 31: European Metrology Software Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027 Table 32: Metrology Software Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019 Table 33: European Metrology Software Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 34: European Metrology Software Addressable Market Opportunity in US$ Thousand by Application: 2020-2027 Table 35: Metrology Software Market in Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2012-2019 Table 36: European Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 FRANCE Table 37: Metrology Software Quantitative Demand Analysis in France in US$ Thousand by Application: 2020-2027 Table 38: French Metrology Software Historic Market Review in US$ Thousand by Application: 2012-2019 Table 39: French Metrology Software Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 GERMANY Table 40: Metrology Software Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027 Table 41: German Metrology Software Market in Retrospect in US$ Thousand by Application: 2012-2019 Table 42: Metrology Software Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027 ITALY Table 43: Italian Demand for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 44: Metrology Software Market Review in Italy in US$ Thousand by Application: 2012-2019 Table 45: Italian Metrology Software Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED KINGDOM Table 46: United Kingdom Demand Estimates and Forecasts for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 47: United Kingdom Metrology Software Market in US$ Thousand by Application: 2012-2019 Table 48: Metrology Software Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027 SPAIN Table 49: Spanish Metrology Software Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027 Table 50: Metrology Software Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2012-2019 Table 51: Spanish Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 RUSSIA Table 52: Russian Metrology Software Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027 Table 53: Metrology Software Historic Demand Patterns in Russia by Application in US$ Thousand for 2012-2019 Table 54: Metrology Software Market Share Breakdown in Russia by Application: 2012 VS 2020 VS 2027 REST OF EUROPE Table 55: Rest of Europe Metrology Software Addressable Market Opportunity in US$ Thousand by Application: 2020-2027 Table 56: Metrology Software Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2012-2019 Table 57: Rest of Europe Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 58: Asia-Pacific Metrology Software Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 59: Metrology Software Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019 Table 60: Asia-Pacific Metrology Software Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 61: Metrology Software Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2020-2027 Table 62: Asia-Pacific Metrology Software Historic Market Review in US$ Thousand by Application: 2012-2019 Table 63: Asia-Pacific Metrology Software Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 AUSTRALIA Table 64: Metrology Software Market in Australia: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027 Table 65: Australian Metrology Software Market in Retrospect in US$ Thousand by Application: 2012-2019 Table 66: Metrology Software Market Share Distribution in Australia by Application: 2012 VS 2020 VS 2027 INDIA Table 67: Indian Metrology Software Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027 Table 68: Metrology Software Market in India: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2012-2019 Table 69: Indian Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 SOUTH KOREA Table 70: Metrology Software Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Application for the Period 2020-2027 Table 71: South Korean Metrology Software Historic Market Analysis in US$ Thousand by Application: 2012-2019 Table 72: Metrology Software Market Share Distribution in South Korea by Application: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 73: Rest of Asia-Pacific Demand Estimates and Forecasts for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 74: Rest of Asia-Pacific Metrology Software Market in US$ Thousand by Application: 2012-2019 Table 75: Metrology Software Market Share Shift in Rest of Asia-Pacific by Application: 2012 VS 2020 VS 2027 LATIN AMERICA Table 76: Latin American Metrology Software Market Trends by Region/Country in US$ Thousand: 2020-2027 Table 77: Metrology Software Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019 Table 78: Latin American Metrology Software Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 79: Latin American Demand for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 80: Metrology Software Market Review in Latin America in US$ Thousand by Application: 2012-2019 Table 81: Latin American Metrology Software Market Share Breakdown by Application: 2012 VS 2020 VS 2027 ARGENTINA Table 82: Argentinean Metrology Software Addressable Market Opportunity in US$ Thousand by Application: 2020-2027 Table 83: Metrology Software Market in Argentina: Summarization of Historic Demand in US$ Thousand by Application for the Period 2012-2019 Table 84: Argentinean Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 BRAZIL Table 85: Metrology Software Quantitative Demand Analysis in Brazil in US$ Thousand by Application: 2020-2027 Table 86: Brazilian Metrology Software Historic Market Review in US$ Thousand by Application: 2012-2019 Table 87: Brazilian Metrology Software Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 MEXICO Table 88: Metrology Software Market in Mexico: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027 Table 89: Mexican Metrology Software Market in Retrospect in US$ Thousand by Application: 2012-2019 Table 90: Metrology Software Market Share Distribution in Mexico by Application: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 91: Rest of Latin America Metrology Software Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027 Table 92: Metrology Software Historic Demand Patterns in Rest of Latin America by Application in US$ Thousand for 2012-2019 Table 93: Metrology Software Market Share Breakdown in Rest of Latin America by Application: 2012 VS 2020 VS 2027 MIDDLE EAST Table 94: The Middle East Metrology Software Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 95: Metrology Software Market in the Middle East by Region/Country in US$ Thousand: 2012-2019 Table 96: The Middle East Metrology Software Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 97: The Middle East Metrology Software Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027 Table 98: Metrology Software Market in the Middle East: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2012-2019 Table 99: The Middle East Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 IRAN Table 100: Iranian Demand Estimates and Forecasts for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 101: Iranian Metrology Software Market in US$ Thousand by Application: 2012-2019 Table 102: Metrology Software Market Share Shift in Iran by Application: 2012 VS 2020 VS 2027 ISRAEL Table 103: Israeli Metrology Software Addressable Market Opportunity in US$ Thousand by Application: 2020-2027 Table 104: Metrology Software Market in Israel: Summarization of Historic Demand in US$ Thousand by Application for the Period 2012-2019 Table 105: Israeli Metrology Software Market Share Analysis by Application: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 106: Saudi Arabian Demand for Metrology Software in US$ Thousand by Application: 2020 to 2027 Table 107: Metrology Software Market Review in Saudi Arabia in US$ Thousand by Application: 2012-2019 Table 108: Saudi Arabian Metrology Software Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED ARAB EMIRATES Table 109: Metrology Software Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Application for the Period 2020-2027 Table 110: United Arab Emirates Metrology Software Historic Market Analysis in US$ Thousand by Application: 2012-2019 Table 111: Metrology Software Market Share Distribution in United Arab Emirates by Application: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 112: Metrology Software Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027 Table 113: Rest of Middle East Metrology Software Market in Retrospect in US$ Thousand by Application: 2012-2019 Table 114: Metrology Software Market Share Distribution in Rest of Middle East by Application: 2012 VS 2020 VS 2027 AFRICA Table 115: African Metrology Software Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027 Table 116: Metrology Software Historic Demand Patterns in Africa by Application in US$ Thousand for 2012-2019 Table 117: Metrology Software Market Share Breakdown in Africa by Application: 2012 VS 2020 VS 2027 IV. COMPETITION Total Companies Profiled: 52 Read the full report: https://www.reportlinker.com/p01861866/?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 | Amid the COVID-19 crisis and the looming economic recession, the Metrology Software market worldwide will grow by a projected US$415 Million, during the analysis period |
ALISO VIEJO, Calif.--(BUSINESS WIRE)--IHI Power Services Corp. (IPSC), a leading owner and operator of power plants across the U.S., is pleased to share its end-of-year highlights which include the commissioning and commercial operation of the worlds largest lithium-ion battery storage. IPSC also added the entire collection of Hull Street Energys plants Pawtucket, CEDECCA, Forked River and Pittsfield to its portfolio. Additionally, IPSC was granted a five-year extension to operate and manage Yard Creeks hydro facility. Earlier this year, IPSC won Combined Cycle Journals Best Practice Award for its role in operating and maintaining Armstrong Energy, a 625-megawatt, dual-fuel, simple-cycle peaking facility in Shelocta, Pa. IPSC further solidified itself as a leader in the industry by winning the Combustion Turbine Operations Technical Forums (CTOTF) Safety Excellence Award. Despite the challenges of 2020 including a global pandemic, everyone at IPSC came together to continue delivering exceptional service to partners and clients, said Steve Gross, CEO of IPSC. IPSC is honored to be recognized across the industry for its power generation best practices and safety protocols, and to continue to grow and expand the companys portfolio and global footprint. In response to the pandemic, IPSC took the immediate action to ensure the more than 30 facilities and 12.7 gigawatts it manages were able to continue business as usual and supply power to the North American grid, while also keeping its employees safe. IPSC had the foresight to gather, process and analyze data from different European countries COVID responses before it had even become widespread within the U.S. in order to develop its COVID Power Generation Response and Best Practices plan, which included different staffing scenarios and strategies to ensure it was capable of handling the worst-case scenario of a potential outbreak in a plant without disrupting operations. IPSC also began the development of its new remote operating center (ROC), which is set to launch this spring and will expand IPSCs operations and maintenance (O&M) service offerings to better support the renewable power generation sector including wind, PV solar, battery storage and more. As part of its new diversity and inclusivity initiative, IPSC created a council to further drive its commitment to infuse diversity and inclusivity in everything the company does top to bottom. With its focus on continuous growth, IPSC also welcomed three new vice presidents Joe Andre, Dan Consie and Dean Motl to expand the companys compliance, strategic initiatives and business development departments. To learn more, please visit: www.ihipower.com. ABOUT IHI POWER SERVICES CORP: IHI Power Services Corps (IPSC) parent company IHI Corporation, based in Tokyo, Japan, is a heavy industrial manufacturing and services company active in a number of industries including aerospace, ship building, power generation, automotive and transportation infrastructure. IPSC was specifically formed to provide operations, maintenance, management and power plant support services to the U.S. power generation industry. The IPSC team of energy professionals deliver value-added service based on expertise gleaned through years of hands-on experience in the power generation industry. As an owner and operator, IPSC understands that minimizing operational risks and maximizing asset value while maintaining a safe work environment that is environmentally compliant is key to the success of every facility. By instituting proven programs, industry best practices and upholding the companys guiding principles of growth, respect, accountability, integrity and lack of limitation IPSC provides world-class service to each of the more than 30 facilities and 12.7 gigawatts it manages. For more information, visit www.ihipower.com and follow IPSC on LinkedIn. | IPSC Celebrates 2020 Achievements and Accomplishments Leading Owner and Operator of U.S. Power Plants Marks Milestone Achievements |
WASHINGTON, April 16, 2020 /PRNewswire/ --Two-thirds of employees are currently working remotely at least part of the work week as a result of the coronavirus pandemic, according to a new surveyfrom Clutch, a B2B ratings and reviews platform. Clutch found that 44% of all workers are currently working from home 5 or more days per week, up from 17% before the pandemic. Continue Reading 66% of U.S. workers working remotely due to COVID-19 Top 6 benefits of working from home Just 34% of workers aren't working remotely at all during the pandemic, likely a direct result of most states only allowing essential out-of-home work or a reflection of workers who have been laid off. Not Having a Commute Is Employees' Favorite Part of Remote WorkPeople appreciate the personal time they have gained from not having a commute while working from home.Nearly half of employees (47%) say no commute is a benefit of remote work. Employees also enjoy a more flexible schedule as a result of working from home (43%)."I commute about an hour each way, so not commuting saves me both time and money," said Sophie Conner, Marketing Manager of HaloITSM, a service desk software company. "With the extra time, I have been able to start running and have more time for my own hobbies."Many workers are taking advantage of the hours saved from not having to commute to work. Collaboration Difficulties Is Employees' Least Favorite Part of Remote WorkIn a typical office setting, employees can ask a simple question by visiting colleagues at their desk and quickly getting an answer. Now, employees have to wait until colleagues open their email or sees their message before answering their question.One-third of workers (33%) say it's harder to collaborate with co-workers while working remotely. "Before this, I could simply ask someone a quick question when they sat next to me," said Charlie Worrall, Digital Marketing Executive at web design agency Imaginaire Digital. "Instead, I'll email them, they take a while to respond, so I'll call, and it takes up a little too much time."To reduce communication issues, however, many companies are turning to collaboration tools such as Zoom (36%), Microsoft Teams (19%), and Skype (17%).Frequent Interruptions Are Also a Challenge of Working RemotelyIt is hard for many employees to focus fully on work at home.More than one-quarter (27%) say interruptions and distractions is a challenge of remote work. "There is always something to do at home: books, TV, kids, and many more distractions at every turn," said T.Y. Hlangwane, of PR firm Magnolia Haus Communications. "It takes a truly disciplined individual to work at home."Read the full report here: https://clutch.co/real-estate/resources/state-of-remote-work-during-coronavirus-pandemicFor questions about the survey, reach out to Kristen Herhold at[emailprotected].About ClutchClutch is the leading ratings and reviews platform for IT, marketing, and business service providers. Each month, over half a million buyers and sellers of services use the Clutch platform, and the user base is growing over 50% a year. Clutch has been recognized by Inc. Magazine as one of the 500 fastest growing companies in the U.S. and has been listed as a top 50 startup by LinkedIn.ContactKristen Herhold[emailprotected](202) 840-6690SOURCE Clutch | 66% of U.S. Employees Are Working Remotely at Least Part-Time During the COVID-19 Pandemic The biggest benefits of remote working, according to surveyed employees, are not having a commute and a more flexible schedule. The biggest challenges are difficulties collaborating with co-workers and frequent interruptions. |
ATLANTAand PHILADELPHIA, April 23, 2020 /PRNewswire/ --Today Boys & Girls Clubs of America and goPuff, a company delivering everyday essentials in minutes, launched a joint campaign through whichgoPuff pledged to match donations up to $1 Million for the Boys & Girls Clubs COVID-19 Relief Fund. From providing meals to supporting families of first responders and offering virtual learning to keep kids and teens engaged and on-track academically, the relief fund is assisting Boys & Girls Clubs across the country to continue to serve those most in need. (PRNewsfoto/Boys & Girls Clubs of America) Boys & Girls Clubs of America and goPuff launched a joint campaign through which goPuff pledged to match donations up to $1 Million for the Boys & Girls Clubs COVID-19 Relief Fund. Running now through Giving Tuesday Now onMay 5, the campaign will support the Boys & Girls Clubs COVID-19 Relief Fund in two ways: For anyone who donates to the Boys & Girls Clubs COVID-19 Relief Fund directly, goPuff will match their donation dollar for dollar. To further raise funds as well as awareness, goPuff and Boys & Girls Clubs of America are launching a social effort asking the public to share a throwback childhood photo on social media using the #GoBackGiveBack hashtag and tagging @goPuff. For every photo posted and tagged, goPuff will donate $5 to the fund. "Given how incredibly challenging this time has been for so many families, we wanted to provide support for the kids, parents and caregivers in our communities across the country," said Rafael Ilishayev and Yakir Gola, co-founders and co-CEOs of goPuff. "We have the utmost respect and admiration for the first responders working tirelessly to keep us safe and healthy, and recognized the Boys & Girls Clubs COVID-19 Relief Fund as a great way to make a positive impact on their lives. Through this campaign, we hope to raise $2 million by inspiring others to donate or share the campaign, and matching those donations up to $1 million.""With Clubs closed due to the novel coronavirus, we are doing everything in our power to continue providing services for youth, families and communities," said Julie Teer, chief development & public affairs officer, Boys & Girls Clubs of America. "More than 4.7 million youth and families across the country depend on Boys & Girls Clubs in their local communities for safety and stability, and now more than ever, we're proud to partner with goPuff to ensure those in need have one less thing to worry about during these unprecedented times."The Boys & Girls Clubs COVID-19 Relief Fund will also enable Clubs to provide critical services when the nation emerges from this crisis. Clubs will be vital to helping rebuild their communities and restore a sense of safety for kids that has been lost as they experience traumas during the pandemic. Club programs will also help get kids back on track - belaying academic backslide from weeks or months of school cancellations. With the long-term economic and societal impact of COVID-19 unknown, communities will need Clubs more than ever to help young people to stay on the right path and build essential skills to contribute to the future workforce.To donate to the Boys & Girls Clubs COVID-19 Relief Fund, visit BGCA.org/gopuff.Photos are available here.About Boys & Girls Clubs of AmericaFor more than 150 years, Boys & Girls Clubs of America (BGCA.org) has enabled young people most in need to achieve great futures as productive, caring, responsible citizens. Today,more than4,700 Clubs serveover4.7million young people through Club membership and community outreach. Clubs are located in cities, towns, public housing and on Native lands throughout the country, and serve military families in BGCA-affiliated Youth Centers on U.S. military installations worldwide. They provide a safe place, caring adult mentors, fun and friendship, and high-impact youth development programs on a daily basis during critical non-school hours. Club programs promote academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 54 percent said the Club saved their lives. National headquarters are located in Atlanta. Learn moreabout Boys & Girls Clubs of AmericaonFacebookandTwitter.About goPuff goPuff delivers everyday essentials, from cleaning supplies, home needs and OTC medications to food and drinks in just minutes. With its own centrally located facilities in every local market it serves, the company delivers thousands of products quickly for a flat $1.95 delivery charge. As the fastest-growing, most affordable delivery service on the market, goPuff is open 24/7 in most areas and late night everywhere else to bring you what you need, when you need it most. In some locations, goPuff also delivers beer, wine and liquor. Headquartered in Philadelphia, goPuff was founded in 2013 and currently operates in over 180 U.S. locations, including Atlanta, Boston, Chicago, Dallas, Denver, Philadelphia, Phoenix, Seattle, Pittsburgh, Washington, D.C., and many more. To learn more, visit www.gopuff.com or follow goPuff on Facebook, Twitter or Instagram. Download the goPuff app on iOS and Android.SOURCE Boys & Girls Clubs of America Related Links http://www.bgca.org | goPuff to Match up to $1 Million in Support of Boys & Girls Clubs COVID-19 Relief Fund Fund will provide critical support to youths, families and communities nationwide. |
MANCHESTER, England--(BUSINESS WIRE)--Luxfer Holdings PLC (NYSE: LXFR), (Luxfer or the Company), a global manufacturer of highly-engineered industrial materials, today announced financial results for the first quarter, ending March 28, 2021. Consolidated net sales decreased 3.6% to $85.2 million from $88.4 million, including a favorable foreign currency benefit of $3.0 million, or 3.4%. The sales decrease was due to the negative impact of COVID-19 on industrial end markets, partially offset by growth in alternative fuel including CNG and Hydrogen, as well as sales of military products. GAAP net income increased to $8.6 million, or $0.31 per diluted share, compared to $7.2 million, or $0.26 per diluted share one year ago. Results include $2.7 million in restructuring and other charges, compared to restructuring and other charges of $3.0 million in the prior year period. Adjusted net income increased 16.0% to $10.9 million from $9.4 million. Adjusted diluted earnings per share increased 14.7% to $0.39 from $0.34. Adjusted EBITDA increased 12.0% to $17.7 million. Adjusted EBITDA margin of 20.8% expanded 290 basis points. We are pleased to have started the year with strong first quarter results driven by solid execution and an improving global economy, said Alok Maskara, Luxfers Chief Executive Officer. During the quarter, we achieved our Transformation Plan cost reduction goal, which has yielded $26 million in annualized savings ahead of our original targeted completion of year end. In addition, we completed several strategic initiatives that positioned our product portfolio for accelerated growth. We also continued our lean working capital initiatives which delivered free cash flow of $13.8 million. Given the strength of our free cash flow and low debt levels, we have the financial flexibility to strategically invest in future growth opportunities while returning cash to shareholders in the form of dividends and share repurchases. Segment Results (all comparisons year-over-year unless otherwise noted; results exclude aluminum products discontinued operations) Elektron Segment Gas Cylinders Segment Capital Resources and Liquidity Free cash flow of $13.8 million for the quarter, compared to an outflow of $7.0 million in the prior year. During the quarter, the Company paid $3.4 million in ordinary dividends, or $0.125 per share. Given strong cash flow, the Company restored normal levels of funding for growth and productivity initiatives. At quarter end, the Company had $31.8 million in cash and approximately $126 million in an undrawn revolving credit facility. Net debt totaled $41.2 million, resulting in a net debt to EBITDA ratio of 0.7x. 2021 Guidance While market uncertainty remains, we have gained more visibility into customer demand patterns and are providing updated financial guidance for 2021. We now expect Adjusted EPS to be in the range of $1.10 to $1.30, an increase from our prior range of $1.05 to $1.25, despite the $0.15 dilutive impact of the SCI acquisition. We retain a strong balance sheet and undrawn credit facility, which provides us the financial flexibility to continue investing in growth and exploring acquisition opportunities to build an even stronger Company, added Maskara. Conference Call Information Luxfer has scheduled a conference call at 8:30 a.m. U.S. Eastern Daylight Time on Tuesday, April 27, 2021, during which management will provide a review of the Companys financial results for the first quarter of 2021. U.S. participants may access the conference call by telephoning +1-877-341-8545. Participants from other countries may access the conference call by telephoning +1-908-982-4601. The participant conference ID code is 9566748. The following link provides access to a webcast for the conference call: https://event.on24.com/wcc/r/3115260/8C66BB74579AD2718F15C3BAF63C53F2 A recording of the conference call will be available for replay two hours after the completion of the call and will remain accessible until the next quarterly report is released. To hear the recording, please call +1-855-859-2056 in the U.S. and +1-404-537-3406 in other countries. Enter conference ID code 9566748 when prompted. Slides used in the presentation and a recording of the call will also be available in the Investor Relations section of the Luxfer website at www.luxfer.com. Non-GAAP Financial Measures Luxfer Holdings PLC prepares its financial statements using U.S. Generally Accepted Accounting Principles (GAAP). When a company discloses material information containing non-GAAP financial measures, SEC regulations require that the disclosure include a presentation of the most directly comparable GAAP measure and a reconciliation of the GAAP and non-GAAP financial measures. Managements inclusion of non-GAAP financial measures in this release is intended to supplement, not replace, the presentation of the financial results in accordance with GAAP. Luxfer management believes that these non-GAAP financial measures, when considered together with the GAAP financial measures, provide information that is useful to investors in understanding period-over-period operating results separate and apart from items that may, or could, have a disproportionately positive or negative impact on results in any period. Management also believes that these non-GAAP financial measures enhance the ability of investors to analyze the Companys business trends and understand the Companys performance. In addition, management may utilize non-GAAP financial measures as a guide in the Companys forecasting, budgeting and long-term planning process. Non-GAAP financial measures should be considered in addition to, and not as a substitute for, or superior to, financial measures presented in accordance with GAAP. Forward-Looking Statements This release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Examples of such forward-looking statements include, but are not limited to: (i) statements regarding the Companys results of operations and financial condition; (ii) statements of plans, objectives or goals of the Company or its management, including those related to financing, products or services; (iii) statements of future economic performance; and (iv) statements of assumptions underlying such statements. Words such as believes, anticipates, expects, intends, forecasts, and plans, and similar expressions, are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. The Company cautions that several important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to: (i) lower than expected future sales; (ii) increasing competitive industry pressures; (iii) general economic conditions or conditions affecting demand for the products and services it offers, both domestically and internationally, including as a result of post-Brexit regulation, being less favorable than expected; (iv) worldwide economic and business conditions and conditions in the industries in which it operates; (v) fluctuations in the cost of raw materials, utilities and other inputs; (vi) currency fluctuations and hedging risks; (vii) its ability to protect its intellectual property; (viii) the significant amount of indebtedness it has incurred and may incur and the obligations to service such indebtedness and to comply with the covenants contained therein; and (ix) risks related to the impact of the global COVID-19 pandemic, such as the scope and duration of the outbreak, government actions and restrictive measures implemented in response, supply chain disruptions and other impacts to the business, and the Companys ability to execute business continuity plans, as a result of the COVID-19 pandemic. The Company cautions that the foregoing list of important factors is not exhaustive. These factors are more fully discussed in the sections entitled Forward-Looking Statements and Risk Factors in its Annual Report on Form 10-K for the year ended December 31, 2020, which was filed with the U.S. Securities and Exchange Commission on March 2, 2021. When relying on forward-looking statements to make decisions with respect to the Company, investors and others should carefully consider the foregoing factors and other uncertainties and events. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update or revise any of them, whether because of new information, future events or otherwise. About Luxfer Holdings PLC (Luxfer) Luxfer is a global manufacturer of highly-engineered industrial materials, which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Luxfers high-performance materials, components and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation and general industrial applications. For more information, please visit www.luxfer.com. Luxfer is listed on the New York Stock Exchange and its ordinary shares trade under the symbol LXFR. LUXFER HOLDINGS PLC CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) First Quarter In millions, except share and per-share data 2021 2020 Net sales $ 85.2 $ 88.4 Cost of goods sold (60.0 ) (64.3 ) Gross profit 25.2 24.1 Selling, general and administrative expenses (10.6 ) (11.4 ) Research and development (0.8 ) (0.7 ) Restructuring charges (1.4 ) (2.8 ) Acquisition-related costs (0.2 ) (0.2 ) Other charges (1.1 ) Operating income 11.1 9.0 Interest expense (0.8 ) (1.2 ) Defined benefit pension credit 0.6 1.1 Income before income taxes 10.9 8.9 Provision for income taxes (2.3 ) (1.7 ) Net income from continuing operations 8.6 7.2 Net loss from discontinued operations, net of tax (1.6 ) (1.0 ) Gain on disposition of discontinued operations, net of tax 7.5 Net income / (loss) from discontinued operations $ 5.9 $ (1.0 ) Net income $ 14.5 $ 6.2 Earnings / (loss) per share Basic from continuing operations $ 0.31 $ 0.26 Basic from discontinued operations $ 0.21 $ (0.04 ) Basic $ 0.52 $ 0.23 Diluted from continuing operations $ 0.31 $ 0.26 Diluted from discontinued operations $ 0.21 $ (0.04 ) Diluted $ 0.52 $ 0.22 Weighted average ordinary shares outstanding Basic 27,658,871 27,440,423 Diluted 28,057,323 27,894,058 LUXFER HOLDINGS PLC CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) March 28, December 31, In millions, except share and per-share data 2021 2020 Current assets Cash and cash equivalents $ 31.8 $ 1.5 Accounts and other receivables, net of allowances of $0.5 and $0.5, respectively 56.0 43.1 Inventories 75.6 68.8 Current assets held-for-sale 20.7 36.0 Other current assets 1.1 1.5 Total current assets $ 185.2 $ 150.9 Non-current assets Property, plant and equipment, net $ 93.9 $ 86.0 Right-of-use assets from operating leases 9.0 9.5 Goodwill 70.5 70.2 Intangibles, net 12.7 12.8 Deferred tax assets 16.6 16.5 Investments and loans to joint ventures and other affiliates 0.5 0.5 Total assets $ 388.4 $ 346.4 Current liabilities Accounts payable $ 27.7 $ 18.6 Accrued liabilities 23.7 21.5 Taxes on income 4.4 0.4 Current liabilities held-for-sale 7.3 11.4 Other current liabilities 14.0 13.5 Total current liabilities $ 77.1 $ 65.4 Non-current liabilities Long-term debt $ 73.0 $ 53.4 Pensions and other retirement benefits 48.4 50.8 Deferred tax liabilities 2.8 2.0 Other non-current liabilities 8.2 7.7 Total liabilities $ 209.5 $ 179.3 Shareholders' equity Ordinary shares of 0.50 par value; authorized 40,000,000 shares for 2021 and 2020; issued and outstanding 29,000,000 shares for 2021 and 2020 $ 26.6 $ 26.6 Deferred shares of 0.0001 par value; authorized, issued and outstanding 761,845,338,444 shares for 2021 and 2020 149.9 149.9 Additional paid-in capital 69.7 70.6 Treasury shares (4.0 ) (4.0 ) Own shares held by ESOP (1.3 ) (1.4 ) Retained earnings 102.3 91.2 Accumulated other comprehensive loss (164.3 ) (165.8 ) Total shareholders' equity $ 178.9 $ 167.1 Total liabilities and shareholders' equity $ 388.4 $ 346.4 LUXFER HOLDINGS PLC CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) First Quarter In millions 2021 2020 Operating activities Net income $ 14.5 $ 6.2 Net income / (loss) from discontinued operations, (5.9 ) 1.0 Net income from continuing operations 8.6 7.2 Adjustments to reconcile net income to net cash provided by / (used for) operating activities Depreciation 3.2 3.1 Amortization of purchased intangible assets 0.2 0.2 Amortization of debt issuance costs 0.1 0.1 Share-based compensation charges 0.5 0.5 Deferred income taxes 0.3 0.2 Defined benefit pension credit (0.6 ) (1.1 ) Defined benefit pension contributions (1.4 ) (1.4 ) Changes in assets and liabilities Accounts and other receivables (7.4 ) (4.2 ) Inventories (0.1 ) (2.8 ) Other current assets (1.7 ) (0.2 ) Accounts payable 6.7 (5.0 ) Accrued liabilities 2.5 (0.5 ) Other current liabilities 2.0 (0.5 ) Other non-current assets and liabilities 2.3 (0.1 ) Net cash provided by / (used) operating activities - continuing 15.2 (4.5 ) Net cash provided by operating activities - discontinued Net cash provided by / (used for) operating activities $ 15.2 $ (4.5 ) Investing activities Capital expenditures $ (1.4 ) $ (2.5 ) Proceeds from sale of discontinued operations 21.0 Business acquisition (19.3 ) Net cash provided by / (used) for investing activities - continuing $ 0.3 $ (2.5 ) Net cash used for investing activities - discontinued $ $ Net cash provided by / (used for) investing activities $ 0.3 $ (2.5 ) Financing activities Net drawdown of long-term borrowings 19.5 18.9 Deferred consideration paid (0.4 ) Proceeds from sale of shares 0.1 Share-based compensation cash paid (1.3 ) (0.7 ) Dividends paid (3.4 ) (3.4 ) Net cash from financing activities $ 14.8 $ 14.5 Effect of exchange rate changes on cash and cash equivalents (0.4 ) Net increase $ 30.3 $ 7.1 Cash and cash equivalents; beginning of year 1.5 10.3 Cash and cash equivalents; end of the First Quarter 31.8 17.4 Supplemental cash flow information: Interest payments $ 0.9 $ 1.3 Income tax payments 0.1 LUXFER HOLDINGS PLC SUPPLEMENTAL INFORMATION SEGMENT INFORMATION (UNAUDITED) Net sales Adjusted EBITDA First Quarter First Quarter In millions 2021 2020 2021 2020 Gas Cylinders segment $ 36.2 $ 37.2 $ 6.0 $ 4.2 Elektron segment 49.0 51.2 11.7 11.6 Consolidated $ 85.2 $ 88.4 $ 17.7 $ 15.8 Depreciation and amortization Restructuring charges First Quarter First Quarter In millions 2021 2020 2021 2020 Gas Cylinders segment $ 0.9 $ 0.9 $ 0.5 $ 2.6 Elektron segment 2.5 2.4 0.9 Other 0.2 Consolidated $ 3.4 $ 3.3 $ 1.4 $ 2.8 First Quarter In millions 2021 2020 Adjusted EBITDA $ 17.7 $ 15.8 Other share-based compensation charges (0.5 ) (0.5 ) Depreciation and amortization (3.4 ) (3.3 ) Restructuring charges (1.4 ) (2.8 ) Acquisition costs (0.2 ) (0.2 ) Other charges (1.1 ) Defined benefits pension credit 0.6 1.1 Interest expense, net (0.8 ) (1.2 ) Provision for income taxes (2.3 ) (1.7 ) Net income from continuing operations $ 8.6 $ 7.2 LUXFER HOLDINGS PLC ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE (UNAUDITED) First Quarter In millions except per share data 2021 2020 Net income $ 8.6 $ 7.2 Accounting charges relating to acquisitions and disposals of businesses: Amortization on acquired intangibles 0.2 0.2 Acquisition costs 0.2 0.2 Defined benefit pension credit (0.6 ) (1.1 ) Restructuring charges 1.4 2.8 Other charges 1.1 Share-based compensation charges 0.5 0.5 Income tax on adjusted items (0.5 ) (0.4 ) Adjusted net income $ 10.9 $ 9.4 Adjusted earnings per ordinary share Diluted earnings per ordinary share $ 0.31 $ 0.26 Impact of adjusted items 0.08 0.08 Adjusted diluted earnings per ordinary share(1) $ 0.39 $ 0.34 ADJUSTED EBITDA (UNAUDITED) First Quarter In millions 2021 2020 Adjusted net income $ 10.9 $ 9.4 Add back: Income tax on adjusted items 0.5 0.4 Provision for income taxes 2.3 1.7 Net finance costs 0.8 1.2 Adjusted EBITA $ 14.5 $ 12.7 Depreciation 3.2 3.1 Adjusted EBITDA $ 17.7 $ 15.8 ADJUSTED EFFECTIVE TAX RATE (UNAUDITED) First Quarter In millions 2021 2020 Adjusted net income $ 10.9 $ 9.4 Add back: Income tax on adjusted items 0.5 0.4 Provision for income taxes 2.3 1.7 Adjusted income before income taxes $ 13.7 $ 11.5 Adjusted provision for income taxes 2.8 2.1 Adjusted effective tax rate 20.4 % 18.3 % | Luxfer Holdings PLC Announces First Quarter 2021 Financial Results First Quarter 2021 Summary (all comparisons year-over-year unless otherwise noted; results exclude aluminum products discontinued operations) Net sales of $85.2 million decreased 3.6%, including a 3.4% benefit from currency GAAP net income of $8.6 million, including $2.7 million in restructuring and other expenses, increased from $7.2 million; adjusted net income of $10.9 million increased 16.0% GAAP EPS of $0.31 increased from $0.26; adjusted EPS of $0.39 increased 14.7% Adjusted EBITDA of $17.7 million increased 12.0%; adjusted EBITDA margin of 20.8% increased 290 basis points Strategic Updates Completed acquisition of Structural Composites Industries (SCI) on March 15, 2021, which increased our participation in higher growth alternative fuels and expanded our aerospace product portfolio. Completed sale of Graham, North Carolina, aluminum cylinder facility on March 25, 2021; Remain on track to divest the remaining Aluminum facilities by year-end. Revised 2021 adjusted EPS guidance range to $1.10 to $1.30, including a $0.15 cents dilutive impact of SCI losses and integration costs. Expect SCI to be accretive to 2022 earnings. |
CARLSBAD, Calif., June 23, 2020 /PRNewswire/ --Thermo Fisher Scientific and Daiichi Sankyo have expanded their partnership by signing a new agreement to co-develop a companion diagnostic (CDx) that will utilize Thermo Fisher's next-generation sequencing (NGS)-based Oncomine Dx Target Test. The CDx will be designed to identify non-small cell lung cancer (NSCLC) patients with human epidermal growth factor receptor 2 (HER2) mutations who may be eligible for Enhertu, a HER2 directed antibody drug conjugate (ADC), which is currently in global phase 2 development for HER2 mutated or HER2 overexpressing NSCLC. Enhertu has demonstrated a strong response rate in patients with HER2 positive metastatic breast cancer and preliminary results show a similar response in patients with metastatic NSCLC with HER2 mutations.1-2 HER2 mutations have long been implicated in breast cancers, but they are considered a rare event in NSCLC. Recent studies have found that HER2 mutations are the key drivers in about 1-3 percent of NSCLC cases.3 Under the terms of the agreement, Thermo Fisher will retain rights to commercialize the test globally and will seek approval from regulatory agencies. The announcement follows a 2018 agreement between the companies to expand the clinical utility of the test in support of clinical trials and drug development programs at Daiichi Sankyo. The Oncomine Dx Target Test is the first targeted NGS in vitro diagnostic test approved by the U.S. Food and Drug Administration (FDA) for NSCLC. It is designed to evaluate multiple biomarkers associated with cancer and identify patients who are eligible for multiple FDA-approved targeted therapies using a single sample with results available in days. "Our latest partnership with Daiichi Sankyo is focused on helping to solve an unmet medical need for a growing number of patients with HER2-mutated non-small cell lung cancer," said Garret Hampton, president of clinical next-generation sequencing and oncology at Thermo Fisher Scientific. "This agreement underscores our continued commitment to working with global pharmaceutical partners to efficiently identify more patients who may benefit from the latest targeted therapies in their drug pipelines." U.S. FDA-Approved Indication for ENHERTUENHERTU is a HER2-directed antibody and topoisomerase inhibitor conjugate indicated for the treatment of adult patients with unresectable or metastatic HER2-positive breast cancer who have received two or more prior anti-HER2-based regimens in the metastatic setting. This indication is approved under accelerated approval based on tumor response rate and duration of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial. WARNING: INTERSTITIAL LUNG DISEASE and EMBRYO-FETAL TOXICITY Interstitial lung disease (ILD) and pneumonitis, including fatal cases, have been reported with ENHERTU. Monitor for and promptly investigate signs and symptoms including cough, dyspnea, fever, and other new or worsening respiratory symptoms. Permanently discontinue ENHERTU in all patients with Grade 2 or higher ILD/pneumonitis. Advise patients of the risk and to immediately report symptoms. Exposure to ENHERTU during pregnancy can cause embryo-fetal harm. Advise patients of these risks and the need for effective contraception. ContraindicationsNone. WARNINGS AND PRECAUTIONS Interstitial Lung Disease / Pneumonitis Severe, life-threatening, or fatal interstitial lung disease (ILD), including pneumonitis, can occur in patients treated with ENHERTU. In clinical studies, of the 234 patients with unresectable or metastatic HER2-positive breast cancer treated with ENHERTU, ILD occurred in 9% of patients. Fatal outcomes due to ILD and/or pneumonitis occurred in 2.6% of patients treated with ENHERTU. Median time to first onset was 4.1 months (range: 1.2 to 8.3). Advise patients to immediately report cough, dyspnea, fever, and/or any new or worsening respiratory symptoms. Monitor patients for signs and symptoms of ILD. Promptly investigate evidence of ILD. Evaluate patients with suspected ILD by radiographic imaging. Consider consultation with a pulmonologist. For asymptomatic ILD/pneumonitis (Grade 1), interrupt ENHERTU until resolved to Grade 0, then if resolved in 28 days from date of onset, maintain dose. If resolved in >28 days from date of onset, reduce dose one level. Consider corticosteroid treatment as soon as ILD/pneumonitis is suspected (e.g., 0.5 mg/kg prednisolone or equivalent). For symptomatic ILD/pneumonitis (Grade 2 or greater), permanently discontinue ENHERTU. Promptly initiate corticosteroid treatment as soon as ILD/pneumonitis is suspected (e.g., 1 mg/kg prednisolone or equivalent). Upon improvement, follow by gradual taper (e.g., 4 weeks). NeutropeniaSevere neutropenia, including febrile neutropenia, can occur in patients treated with ENHERTU. Of the 234 patients with unresectable or metastatic HER2-positive breast cancer who received ENHERTU, a decrease in neutrophil count was reported in 30% of patients and 16% had Grade 3 or 4 events. Median time to first onset was 1.4 months (range: 0.3 to 18.2). Febrile neutropenia was reported in 1.7% of patients. Monitor complete blood counts prior to initiation of ENHERTU and prior to each dose, and as clinically indicated. Based on the severity of neutropenia, ENHERTU may require dose interruption or reduction. For Grade 3 neutropenia (Absolute Neutrophil Count [ANC] <1.0 to 0.5 x 109 /L) interrupt ENHERTU until resolved to Grade 2 or less, then maintain dose. For Grade 4 neutropenia (ANC <0.5 x 109/L) interrupt ENHERTU until resolved to Grade 2 or less. Reduce dose by one level. For febrile neutropenia (ANC <1.0 x 109/L and temperature >38.3C or a sustained temperature of 38C for more than 1 hour), interrupt ENHERTU until resolved. Reduce dose by one level. Left Ventricular DysfunctionPatients treated with ENHERTU may be at increased risk of developing left ventricular dysfunction. Left ventricular ejection fraction (LVEF) decrease has been observed with anti-HER2 therapies, including ENHERTU. In the 234 patients with unresectable or metastatic HER2-positive breast cancer who received ENHERTU, two cases (0.9%) of asymptomatic LVEF decrease were reported. Treatment with ENHERTU has not been studied in patients with a history of clinically significant cardiac disease or LVEF <50% prior to initiation of treatment. Assess LVEF prior to initiation of ENHERTU and at regular intervals during treatment as clinically indicated. Manage LVEF decrease through treatment interruption. Permanently discontinue ENHERTU if LVEF of <40% or absolute decrease from baseline of >20% is confirmed. When LVEF is >45% and absolute decrease from baseline is 10-20%, continue treatment with ENHERTU. When LVEF is 40-45% and absolute decrease from baseline is <10%, continue treatment with ENHERTU and repeat LVEF assessment within 3 weeks. When LVEF is 40-45% and absolute decrease from baseline is 10-20%, interrupt ENHERTU and repeat LVEF assessment within 3 weeks. If LVEF has not recovered to within 10% from baseline, permanently discontinue ENHERTU. If LVEF recovers to within 10% from baseline, resume treatment with ENHERTU at the same dose. When LVEF is <40% or absolute decrease from baseline is >20%, interrupt ENHERTU and repeat LVEF assessment within 3 weeks. If LVEF of <40% or absolute decrease from baseline of >20% is confirmed, permanently discontinue ENHERTU. Permanently discontinue ENHERTU in patients with symptomatic congestive heart failure. Embryo-Fetal ToxicityENHERTU can cause fetal harm when administered to a pregnant woman. Advise patients of the potential risks to a fetus. Verify the pregnancy status of females of reproductive potential prior to the initiation of ENHERTU. Advise females of reproductive potential to use effective contraception during treatment and for at least 7 months following the last dose of ENHERTU. Advise male patients with female partners of reproductive potential to use effective contraception during treatment with ENHERTU and for at least 4 months after the last dose of ENHERTU. Adverse ReactionsThe safety of ENHERTU was evaluated in a pooled analysis of 234 patients with unresectable or metastatic HER2-positive breast cancer who received at least one dose of ENHERTU 5.4 mg/kg in DESTINY-Breast01 and Study DS8201-A-J101. ENHERTU was administered by intravenous infusion once every three weeks. The median duration of treatment was 7 months (range: 0.7 to 31). Serious adverse reactions occurred in 20% of patients receiving ENHERTU. Serious adverse reactions in >1% of patients who received ENHERTU were interstitial lung disease, pneumonia, vomiting, nausea, cellulitis, hypokalemia, and intestinal obstruction. Fatalities due to adverse reactions occurred in 4.3% of patients including interstitial lung disease (2.6%), and the following events occurred in one patient each (0.4%): acute hepatic failure/acute kidney injury, general physical health deterioration, pneumonia, and hemorrhagic shock. ENHERTU was permanently discontinued in 9% of patients, of which ILD accounted for 6%. Dose interruptions due to adverse reactions occurred in 33% of patients treated with ENHERTU. The mostfrequent adverse reactions (>2%) associated with dose interruption were neutropenia, anemia, thrombocytopenia, leukopenia, upper respiratory tract infection, fatigue, nausea, and ILD. Dose reductions occurred in 18% ofpatients treated with ENHERTU. The most frequent adverse reactions (>2%) associated with dose reduction were fatigue, nausea, and neutropenia. The most common adverse reactions (frequency 20%) were nausea (79%), fatigue (59%), vomiting (47%), alopecia (46%), constipation (35%), decreased appetite (32%), anemia (31%), neutropenia (29%), diarrhea (29%), leukopenia (22%), cough (20%), and thrombocytopenia (20%). Use in Specific Populations Pregnancy: ENHERTU can cause fetal harm when administered to a pregnant woman. Advise patients of the potential risks to a fetus. There are clinical considerations if ENHERTU is used in pregnant women, or if a patient becomes pregnant within 7 months following the last dose of ENHERTU. Lactation: There are no data regarding the presence of ENHERTU in human milk, the effects on the breastfed child, or the effects on milk production. Because of the potential for serious adverse reactions in a breastfed child, advise women not to breastfeed during treatment with ENHERTU and for 7 months after the last dose. Females and Males of Reproductive Potential: Pregnancy testing: Verify pregnancy status of females of reproductive potential prior to initiation of ENHERTU. Contraception: Females: ENHERTU can cause fetal harm when administered to a pregnant woman. Advise females of reproductive potential to use effective contraception during treatment with ENHERTU and for at least 7 months following the last dose. Males: Advise male patients with female partners of reproductive potential to use effective contraception during treatment with ENHERTU and for at least 4 months following the last dose. Infertility: ENHERTU may impair male reproductive function and fertility. Pediatric Use: Safety and effectiveness of ENHERTU have not been established in pediatric patients. Geriatric Use: Of the 234 patients with HER2-positive breast cancer treated with ENHERTU 5.4 mg/kg, 26% were 65 years and 5% were 75 years. No overall differences in efficacy were observed between patients 65 years of age compared to younger patients. There was a higher incidence of Grade 3-4 adverse reactions observed in patients aged 65 years (53%) as compared to younger patients (42%). Hepatic Impairment: In patients with moderate hepatic impairment, due to potentially increased exposure, closely monitor for increased toxicities related to the topoisomerase inhibitor. To report SUSPECTED ADVERSE REACTIONS, contact Daiichi Sankyo, Inc. at 1-877-437-7763 or FDA at 1-800-FDA-1088 or fda.gov/medwatch. Please see accompanying full Prescribing Information, including Boxed WARNING, and MedicationGuide. About Thermo Fisher ScientificThermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $25 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them. Our global team of more than 75,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services and Patheon. For more information, please visit www.thermofisher.com. 1 Daiichi Sankyo Company. (2019, December 19). DS-8201 ([Fam-] Trastuzumab Deruxtecan) Achieved A Tumor Response Rate of 60.9% I Pivotal Phase 2 HER2 Positive Metastatic Breast Cancer Trial [Press Release]. Retrieved from https://www.daiichisankyo.com/media_investors/media_relations/press_releases/detail/007083.html 2 Daiichi Sankyo Company. (2018, September 25) Daiichi Sankyo Presents Updated Results for [Fam-] Trastuzumab Deruxtecan (DS-8201) in Patients with HER2 Mutated or HER2 Expressing Non-Small Cell Lung Cancer at IASLC 19th World Conference on Long Cancer [Press Release] Retrieved from https://www.daiichisankyo.com/media_investors/media_relations/press_releases/detail/006906.html 3 Non-Small Cell Lung Cancer Patients Harboring HER2 Mutations: Clinical Characteristics and Management in a Real-Life Setting; Jean-Bernard Auliac, et al.; Advances in Therapy, Jun. 2019 Mauricio Minotta Jen Heady Thermo Fisher Scientific Greenough Communications +1 760 929 2456 +1 617 275 6547 [emailprotected] [emailprotected] SOURCE Thermo Fisher Scientific Related Links http://www.thermofisher.com | Thermo Fisher Scientific and Daiichi Sankyo to Co-Develop Global Companion Diagnostic for Patients with Non-Small Cell Lung Cancer Agreement centers on identifying HER2 gene mutations using Oncomine Dx Target Test |
PITTSBURGH, Aug. 26, 2020 /PRNewswire/ -- "We both have trucking companies and thought there should be a way to prevent damage to mud flaps when driving in reverse," said one of two inventors, from New Philadelphia, Ohio, "so we invented the T M DESIGN." The patent-pending invention protects the mud flaps on large trucks and trailers when going in reverse. In doing so, it prevents mud flaps from being pinched, pulled, torn or damaged. As a result, it eliminates the hassle and cost associated with replacing mud flaps and it provides added peace of mind. The invention features an effective design that is convenient and easy to use so it is ideal for trucking companies and truck drivers. Additionally, a prototype is available. The inventors described the invention design. "Our design could help to extend the life of splashguards on commercial trucks and trailers." The original design was submitted to the Cleveland sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-FGC-120, 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 | InventHelp Inventors Develop Improved Mud Flap Design for Large Trucks and Trailers (FGC-120) |
BRUSSELS, March 23, 2020 /PRNewswire/ -- Styrenics Circular Solutions (SCS), the value chain initiative to increase the circularity of styrenic polymers, has been joined by a new member, the European Extruded Polystyrene Insulation Board Association (Exiba), the organization of producers of extruded polystyrene foam (XPS). Exiba joinsSCS members COEXPAN, ELIX Polymers,INEOS Styrolution, Repsol, TOMRA, Total, Trinseoand Versalis (Eni). Jens Kathmann, Secretary General of SCS, commented: "All of the SCS team extends a very warm welcome to Exiba. Their own membership represents the majority of the production capacity of XPS foams within Europe and is an important player in the European building and construction sector. This means that with Exiba as SCS members, we have anothervery important part of the value chain working with us to exploit the unique capacity that styrenics have for circularity." Andriy Kotsyumbas, Vice-Chairman of Exiba, said: "Our whole organisation is committed to our membership of SCS and to the crucial role that styrenics will play in contributing to the circular economy and the European Commission's "renovation wave". There is enormous potential for styrenics to play a significant part to help meet Europe's 2025 recycling targets." AboutStyrenicsCircularSolutions StyrenicsCircularSolutionsisthe value chaininitiativetoincreasethecircularityof styrenic polymers.Theinitiativeengagestheentirevaluechaininthedevelopmentandindustrialisationofinnovativerecyclingtechnologies and solutions. It aims to strengthen the sustainability of styrenic products while improving resourceefficiencywithintheCircularEconomy. For more information visit www.styrenics-circular-solutions.com SOURCE Styrenics Circular Solutions | Exiba Joins Styrenics Circular Solutions |
PITTSBURGH, July 20, 2020 /PRNewswire/ -- "I wanted to create a time-saving alternative to taking a vehicle out on the road to set its computer monitor," said an inventor, from Mechanicsburg, Pa., "so I invented the BAY ROLLER." The invention provides an improved means for an automotive mechanic to set computer monitors for vehicles. In doing so, it eliminates the need to leave the service garage. As a result, it saves time and effort and it increases efficiency. The invention features an effective design that is convenient and easy to use so it is ideal for professional automotive mechanics and the automotive service industry. The inventor described the invention design. "My design enables a mechanic to easily solve in bay drivability issues on cars and trucks." The original design was submitted to the Lancaster sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-LCC-4112, 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 | InventHelp Inventor Develops Improved Device for Automotive Service Garages (LCC-4112) |
DES MOINES, Iowa, Dec. 21, 2020 /PRNewswire/ --Earlier this month, Senators Dianne Feinstein (D-Calif.) and John Cornyn (R-Texas) marked December as "National Impaired Driving Prevention Month" to help raise awareness about alcohol and drug impaired driving. Intoxalock, a leading provider of ignition interlocks, announces their endorsement of this initiative. Every December since 1981, the U.S. President proclaims December to be National Impaired Driving Prevention Month. The National Highway Traffic Safety Administration (NHTSA) routinely notes an increase in impaired driving during the month of December. It is a month filled with social events, travel, and opportunities to drink for many people. This has translated into alcohol-related driving offenses, injuries, and fatalities. During National Impaired Driving Prevention Month, we remember the lives lost as a result of those driving under the influence of drugs or alcohol, and serves as a reminder that practicing safe driving practices is every driver's responsibility.According to CDC.gov, in the United States, one person tragically dies every 50minutes in a drunk driving incident. Intoxalock is dedicated to advancing ignition interlock devices, which has the potential to save thousands of lives each year. Since their introduction to the market, IIDs have continued to reduce alcohol-related traffic fatalities. "Making roads safer is at our core of who we are at Intoxalock. Drunk driving continues to be a leading cause of deaths, and ignition interlock devices, like ours, are an effective tool at preventing drunk driving occurrences," says Kimberly Williams, Intoxalock CEO. For more information on National Impaired Driving Prevention Month, read the full text of the Senate's resolution. About Intoxalock:Intoxalock, based in Des Moines, Iowa and also known asConsumer Safety Technologyor CST LLC., has been manufacturingignition interlock devices(car breathalyzers) for over 25 years and is an industry leader in reliability, customer service and technology. Intoxalock's ignition interlock devices meet state requirements in 46 states and itsalcohol monitoring productsare used in all 50 states. To learn more, visit Intoxalock.com. SOURCE Intoxalock Related Links http://www.Intoxalock.com | Intoxalock Endorses Safe Driving During "National Impaired Driving Prevention Month" |
NEW YORK, July 22, 2020 /PRNewswire/ -- Flat Rock Global is pleased to announce the Flat Rock Opportunity Fund has won Creditflux's award for Best CLO Fund. Per Creditflux, the award considers investors in CLOs in the US and Europe, highlighting those that outperformed their peers with high returns and quality portfolios. Click here to watch Shiloh Bates, the Fund's CIO, receive the award for the Fund. About Flat Rock Opportunity Fund: (PRNewsfoto/Flat Rock Global) Flat Rock Opportunity Fund invests primarily in the equity and, to a lesser extent, in the junior debt tranches of CLOs. CLOs provide exposure to senior secured loans on a leveraged basis. The Fund's investment objective is to generate current income and, as a secondary objective, long-term capital appreciation. Flat Rock Opportunity Fund is structured as an Interval Fund. About Flat Rock Global, LLC:Flat Rock Global, LLC, the advisor for Flat Rock Capital and Flat Rock Opportunity Fund, is a credit manager focused on income investments outside of traditional fixed income.Flat Rockfunds are available to Institutional Investors, Family Offices, and RIAs. To learn more about the firm and our funds, please visit www.flatrockglobal.com.SOURCE Flat Rock Global Related Links http://www.flatrockglobal.com | Flat Rock Opportunity Fund wins Best CLO Fund |
IRVINE, Calif., Nov. 17, 2020 /PRNewswire/ --Ivantis Inc., developer of the novel Hydrus Microstent, a minimally invasive glaucoma surgery (MIGS) device intended to lower eye pressure for open-angle glaucoma patients, announced today that the American Academy of Ophthalmology (AAO) has designated the Hydrus Microstent as "Level 1, Moderate Quality, Strong Recommendation" the highest designation of any MIGS device in its 2020 Preferred Practice Pattern treatment guidelines(PPP)released during this year's annual meeting. "It's an honor for our Hydrus device to be given such an emphatic treatment recommendation by the AAO, the most respected organization in U.S. eye care," saidDave Van Meter, president and CEO of Ivantis. "Since our inception over a decade ago, one of our guiding principles has been to become the leading evidence provider in the entire MIGS space. This recommendation reflects our commitment to clinical rigor driven by our passion to develop a best-in-class device that will help the millions of people suffering from glaucoma. We are thrilled to receive the highest designation of any MIGS device as part of the AAO's treatment guidelines." "We are thrilled to receive the highest designation of any MIGS device as part of the AAO's treatment guidelines." Tweet this AAO's PPPs are evidence-based recommendations designed to identify characteristics and components of quality eye care as guidance for the pattern of best practice. Each PPP is valid for five years from the date of issue. Guidelinesare developed by theacademy'sH. Dunbar Hoskins Jr., MD Center for Quality Eye Careand are academy-approvedwithout external financial support. The guidelines are externally reviewed by experts and stakeholders prior to publication. "This marks an important and meaningful step in the validation of the entire MIGS category. Inclusion of Hydrus as a recommended procedure by AAO has confirmed what many of us in clinical practice already know, which is that MIGS is a vital part of our surgical armamentarium for managing glaucoma," said Douglas Rhee, M.D., chairman of the Department of Ophthalmology at Case Western Reserve University Hospital. "There are only three recommended MIGS procedures, and the evidence for Hydrus was rated as the strongest. This is an important validation of the Hydrus device and its potential impact for our patients."Horizon Peer-Reviewed Publication and Four-Year Data DistinctionsIvantis also announced today that the peer-reviewed journalOphthalmologypublished the complete three-year results from the HORIZON pivotal trial. The study demonstrates that the Hydrus Microstent is the first and only MIGS device to show a statistically significant reduction in risk for invasive secondary surgeries. This is the fifth peer-reviewed article on the Hydrus Microstent to be published in the industry's preeminent journal. Dr. Nathan Radcliffe, a board-certified ophthalmologist from the New York Eye and Ear Infirmary, presented the latest HORIZON data earlier this week at the annual AAO meeting. His "4-Year Results from the HORIZON Trial" was selected as the best poster of the session.Ivantis has the distinction of providing the first-ever four-year complete follow-up data for a MIGS device in a Food and Drug Administration (FDA) pivotal trial (twice the duration of any other MIGS company's complete follow-up). The complete five-year follow-up data will be announced next spring.The latest findings from the HORIZON study confirm the benefits of the Hydrus Microstent reported at three years in Ophthalmology and show that those benefits are maintained through four years, notably reducing the need for invasive secondary glaucoma surgery and medications to control glaucoma. These important benefits were observed without increased safety risk associated with Hydrus surgery. No other MIGS device has presented continuous outcome data from the complete study population in a pivotal trial beyond two years.The HORIZON study is the largest prospective, randomized, controlled trial conducted for a MIGS device and the first to have a global span. The study included 556 patients with mild to moderate glaucoma treated in 38 centers in nine countries in North America, Europeand Asia. The study was designed to demonstrate the safety and effectiveness of the Hydrus Microstent for lowering intraocular pressure (IOP) in glaucoma patients undergoing planned cataract surgery. Patients were randomized 2:1 to receive cataract surgery plus the Hydrus Microstent or cataract surgery alone. The two-year results of the trial provided the foundation for FDA approval of the Hydrus Microstent. Effectiveness outcomes exceeded those reported in any other MIGS pivotal trial, and the Hydrus Microstent was approved in the U.S. in August 2018.Key Four-Year HORIZON Data Presented at AAO: 65% of Hydrus Microstent patients remained glaucoma medication-free, compared with 41% in the cataract surgery-only arm. This represents the highest margin of total medication elimination compared to the control group reported for any MIGS pivotal trial. Analysis shows that 2.1% of Hydrus Microstent patients required subsequent invasive glaucoma surgery, compared with 6% of the cataract surgery-only patients, which represents a clinically meaningful and statistically significant difference. This finding is consistent with the HORIZON three-year data, where, for the first time in a MIGS study, a statistically significant reduction in risk for invasive secondary surgery was shown. The overall safety profile of cataract surgery plus implantation of the Hydrus Microstent was similar to cataract surgery alone, including visual acuity and endothelial cell density loss (ECL) from two to three years, and from three to four years. Long-term complications were limited to focal peripheral anterior synechiae (13%, 4.3% obstructive, 8.7% non-obstructive). About the Hydrus MicrostentRoughly the size of an eyelash, the Hydrus Microstent is a next-generation MIGS device designed to reduce eye pressure by reestablishing flow through Schlemm's canal, the eye's natural outflow pathway. When placed in the canal during minimally invasive microsurgery, the device restores the flow of fluid in the eye, using a tri-modal mechanism of action: The Hydrus Microstent creates a bypass through the trabecular meshwork, allowing outflow of aqueous humor. It then dilates and scaffolds Schlemm's canal to augment outflow. Its length spans 90 degrees of the canal to provide consistent access to fluid collector channels in the eye. The Hydrus Microstent is one of the most rigorously researched and thoroughly studied MIGS devices, with more than 4,000 cases treated globally in controlled clinical studies and registries in patients with a wide range of disease severities.About IvantisIvantis Inc. is a privately held company established in 2007 to design, develop and commercialize new technologies to treat eye disease. Investors include New Enterprise Associates, Delphi Ventures, Foresite Capital, RA Capital Management, Ascension Ventures, EDBI, GBS Ventures, MemorialCare Innovation Fund, Merieux Development and Vertex Healthcare. The company is headquartered inIrvine, California.Ivantisand Hydrusare registered trademarks of Ivantis Inc.All rights reserved 2020.CAUTION: Federal law restricts this device to sale by or on the order of a physician.INDICATIONS FOR USE:The Hydrus Microstent is indicated for use in conjunction with cataract surgery for the reduction of intraocular pressure (IOP) in adult patients with mild to moderate primary open-angle glaucoma (POAG).CONTRAINDICATIONS:The Hydrus Microstent is contraindicated under the following circumstances or conditions: (1) In eyes with angle-closure glaucoma; and (2) In eyes with traumatic, malignant, uveitic or neovascular glaucoma, or discernible congenital anomalies of the anterior chamber (AC) angle.WARNINGSClear media for adequate visualization is required. Conditions such as corneal haze, corneal opacity or other conditions may inhibit gonioscopic view of the intended implant location. Gonioscopy should be performed prior to surgery to exclude congenital anomalies of the angle, peripheral anterior synechiae (PAS), angle closure, rubeosis and any other angle abnormalities that could lead to improper placement of the stent and pose a hazard.PRECAUTIONSThe surgeon should monitor the patient postoperatively for proper maintenance of intraocular pressure. The safety and effectiveness of the Hydrus Microstent has not been established as an alternative to the primary treatment of glaucoma with medications, in patients 21 years or younger, eyes with significant prior trauma, eyes with abnormal anterior segment, eyes with chronic inflammation, eyes with glaucoma associated with vascular disorders, eyes with preexisting pseudophakia, eyes with uveitic glaucoma, eyes with pseudoexfoliative or pigmentary glaucoma, eyes with other secondary open-angle glaucomas, eyes that have undergone prior incisional glaucoma surgery or cilioablative procedures, eyes that have undergone argon laser trabeculoplasty (ALT), eyes with unmedicated IOP < 22 mmHg or > 34 mmHg, eyes with medicated IOP > 31 mmHg, eyes requiring > 4 ocular hypotensive medications prior to surgery, in the setting of complicated cataract surgery with iatrogenic injury to the anterior or posterior segment, and when implantation is without concomitant cataract surgery with IOL implantation. The safety and effectiveness of the use of more than a single Hydrus Microstent has not been established.ADVERSE EVENTSCommon postoperative adverse events reported in the randomized pivotal trial included partial or complete device obstruction (7.3%);worsening in visual field MD by > 2.5 dB compared with preoperative (4.3% vs. 5.3% for cataract surgery alone); device malposition (1.4%); and BCVA loss of 2 ETDRS lines three months (1.4% vs. 1.6% for cataract surgery alone). For additional adverse event information, please refer to the Instructions for Use.MRI INFORMATIONThe Hydrus Microstent is MR-Conditional, meaning that the device is safe for use in a specified MR environment under specified condition; please see the Instructions for Use and Patient Information Card for details.Please refer to the Instructions for Use for complete product information.www.IvantisInc.comMedia ContactCapwell Communications [emailprotected]949-999-3303SOURCE Ivantis, Inc. Related Links https://www.ivantisinc.com | Hydrus Microstent Receives Highest Designation of Any MIGS Device as Part of AAO Treatment Guidelines Ivantis' Commitment to Scientific Rigor Earns Primary Open-Angle Glaucoma Preferred Practice Pattern Designation and Fifth Publication in the Journal Ophthalmology |
HONG KONG, July 14, 2020 /PRNewswire/ -- The Academy of Film (AF) at Hong Kong Baptist University (HKBU) will offer its Bachelor of Fine Arts (Honours) in Acting for Global Screen programme starting in the 2020/21 academic year. The course seeks to be the most competitive undergraduate programme in acting performance available, with cross-cultural and global enrichments that fully meet the needs of stage acting, acting with the aid of media technology, acting for the screen and social media in film industries. Professor Eva Man (right), Director of the Academy of Film, and Professor Michael Bray, Director of the Bachelor of Fine Arts (Honours) in Acting for Global Screen programme (PRNewsfoto/HKBU) Professor Eva Man, Director of AF said, "The Academy of Film strives to nurture talents with thorough academic knowledge and professional skills in the creation and production of films and TV programmes. Based on our rich teaching experience, the new programme will groom more rising stars with a global perspective for the industry." Professor Michael Bray, Professor of Practice of AF and Director of the Bachelor of Fine Arts (Honours) in Acting for Global Screen programme, said, "The integration of interdisciplinary knowledge is one of the highlights of this unique programme. In addition to acting training and performance studies, our curriculum also puts emphasis on understanding technology and contemporary cultural reflection." Professor Bray, who joined HKBU recently, is an experienced acting educator, veteran actor, and stage and film director. Before joining AF, he was the course leader of postgraduate screen acting course at the Drama Centre, Central Saint Martins, at the University of Arts London. The Bachelor of Fine Arts (Honours) in Acting for Global Screen is a four-year programme. Its core subjects include Introduction to Performing Arts, Voice and Speech, Movement, Fundamentals of Directing, Script Analysis and Acting, Acting on Stage, Acting on Screen and with Technology, Individual Enhancement Workshop and so forth. The programme offers an intake quota of 16 places each year targeting local and non-localstudents.The programmeemphasises both theory and practice, and encourages students to go global for exchange experiences. The programme will connect with local and overseas performing art organisations to provide internship opportunities for students. The programme has special English proficiency requirements for applicants. They need to obtain level 5 or above in English Language of the Hong Kong Diploma of Secondary Education Examination, or an overall band score of 7.0 or above inIELTS. Applicants also have to submit a portfolio of their background in acting training, performing experience and prize received. Shortlisted applicants will be invited to attend an audition/interview. The performance of applicants in the audition/interview will be taken into consideration as part of the application process.To support potential talents, scholarships will be provided to the selected applicants who demonstrate an overall excellent performance in the admission exercise. Scholarships for local, non-local and ethnic minority students will be available.About the Academy of FilmAF is dedicated to the provision of cinematic-arts and creative media education to cultivate talented professionals capable of contributing to Hong Kong's arts and cultural industries. For the past decades, AF has been the chief provider of cinema, television and media education in Hong Kong. It is currently Hong Kong's flagship film school in terms of its size, breadth of programmes, the distinguished alumni it has nurtured, and its strong industry connections. Apart from the Bachelor of Fine Arts (Honours) in Acting for Global Screen programme, AF currently offers four full-time programmes to more than 750 students at higher diploma, undergraduate and postgraduate degree levels.To find out more about the Bachelor of Fine Arts (Honours) in Acting for Global Screenprogramme, please go to http://af.hkbu.edu.hk/tc/bfa-introduction.For more information about AF, please visit the website at http://af.hkbu.edu.hk/Media enquiries:Wong Suk-ling of the Communication and Public Relations Office (Tel: 3411-2119, email: [emailprotected]).SOURCE Hong Kong Baptist University (HKBU) | HKBU Launches Acting for Global Screen Programme to Nurture International Performance Talents |