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LONDON--(BUSINESS WIRE)-- Xtrackers Investment company with variable capital (Socit d'investissement capital variable) Registered office: 49, avenue J.F. Kennedy, L-1855 Luxembourg R.C.S. Luxembourg B-119.899 (the Company) NOTICE TO SHAREHOLDERS OF THE SUB-FUNDS LISTED ON THE LONDON STOCK EXCHANGE Luxembourg, 07 September 2020 The board of directors of the Company (the Board of Directors) hereby informs all shareholders of the sub-funds listed in the table below (each a Sub-Fund, and together the Sub-Funds) (the Shareholders) of the applicable net asset value (the NAV) in respect of each Sub-Fund for the below stated Transaction Day: Sub-Fund ISIN Outstanding Shares Currency Transaction Day NAV LEI Xtrackers CSI300 Swap UCITS ETF 1C LU0779800910 44,833,833 USD 07-Sep-2020 15.5971 549300DUCO0U5J4KFZ65 Xtrackers DAX Income UCITS ETF 1D LU0838782315 4,525,000 EUR 07-Sep-2020 103.9402 549300FN63CGIEPOGE29 Xtrackers DAX UCITS ETF 1C LU0274211480 29,378,192 EUR 07-Sep-2020 125.8333 5493003ZDIEI2DLBMZ44 Xtrackers DBLCI Commodity Optimum Yield Swap UCITS ETF 2C LU0460391732 3,159,968 USD 07-Sep-2020 20.9817 549300UM261GC7JDGU46 Xtrackers DBLCI Commodity Optimum Yield Swap UCITS ETF 3C - GBP Hedged LU0460391906 323,236 GBP 07-Sep-2020 19.7922 549300UM261GC7JDGU46 Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF 1C LU0292106753 19,971,868 EUR 07-Sep-2020 11.5908 549300VJTTGNE658W265 Xtrackers Euro Stoxx 50 UCITS ETF 1C LU0380865021 71,523,184 EUR 07-Sep-2020 49.9868 5493007YS2I1OGP7ST09 Xtrackers Euro Stoxx 50 UCITS ETF 1D LU0274211217 71,467,704 EUR 07-Sep-2020 34.8321 5493007YS2I1OGP7ST09 Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D LU0292095535 9,029,481 EUR 07-Sep-2020 18.1798 549300I932FBWNXRYR96 Xtrackers FTSE 100 Income UCITS ETF 1D LU0292097234 9,944,003 GBP 07-Sep-2020 5.9688 549300XQ6CCZ8UFWF453 Xtrackers FTSE 100 Short Daily Swap UCITS ETF 1C LU0328473581 7,070,648 GBP 07-Sep-2020 4.1667 549300YUDYTSCUJ56A32 Xtrackers FTSE 100 UCITS ETF 1C LU0838780707 7,500,000 GBP 07-Sep-2020 7.8055 549300ZQ0XR3XXOVCN64 Xtrackers FTSE 250 UCITS ETF 1D LU0292097317 2,808,052 GBP 07-Sep-2020 17.1174 549300VOW6BRPSKX2S03 Xtrackers FTSE All-Share UCITS ETF 1D LU0292097747 13,101,270 GBP 07-Sep-2020 3.2679 549300HW2T02FJGTP634 Xtrackers FTSE China 50 UCITS ETF 1C LU0292109856 2,840,696 USD 07-Sep-2020 40.2084 549300QR8I67KKNOQS90 Xtrackers FTSE Developed Europe Real Estate UCITS ETF 1C LU0489337690 17,528,354 EUR 07-Sep-2020 24.7363 549300I6RS87TDT7B025 Xtrackers FTSE Vietnam Swap UCITS ETF 1C LU0322252924 8,243,127 USD 07-Sep-2020 28.2963 549300WSGH3OZP0CTO20 Xtrackers Harvest CSI300 UCITS ETF 1D LU0875160326 44,229,395 USD 04-Sep-2020 13.6964 549300GBJ3MHFG0ZA036 Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D LU1310477036 350,000 USD 04-Sep-2020 32.6265 549300TI9U1U5PV12W66 Xtrackers LevDAX Daily Swap UCITS ETF 1C LU0411075376 472,340 EUR 07-Sep-2020 110.2161 549300ZNH3F02BUTHC48 Xtrackers LPX Private Equity Swap UCITS ETF 1C LU0322250712 2,166,113 EUR 07-Sep-2020 58.1395 549300GBERNOIEVW4626 Xtrackers MSCI AC Asia ex Japan Swap UCITS ETF 1C LU0322252171 10,954,363 USD 07-Sep-2020 49.4948 5493008RMHPSOU8YK549 Xtrackers MSCI Africa Top 50 Swap UCITS ETF 1C LU0592217524 4,211,000 USD 07-Sep-2020 6.3735 5493008JIICCGDRJSG92 Xtrackers MSCI Brazil UCITS ETF 1C LU0292109344 5,693,577 USD 07-Sep-2020 37.936 549300FACBRLQX0QWG34 Xtrackers MSCI Canada UCITS ETF 1C LU0476289540 4,872,400 USD 07-Sep-2020 54.1267 54930044H07NIEDYO740 Xtrackers MSCI China UCITS ETF 1C LU0514695690 70,194,000 USD 07-Sep-2020 22.0137 549300OZ47J75ZDOA820 Xtrackers MSCI EM Asia Swap UCITS ETF 1C LU0292107991 10,074,466 USD 07-Sep-2020 57.7447 549300Z4GYCGHAKKYJ34 Xtrackers MSCI EM Europe, Middle East & Africa Swap UCITS ETF 1C LU0292109005 1,593,728 USD 07-Sep-2020 25.0225 549300MQVYIX98ON7X65 Xtrackers MSCI EM Latin America Swap UCITS ETF 1C LU0292108619 1,465,344 USD 07-Sep-2020 35.2073 549300GABFBJGTJ62T14 Xtrackers MSCI Emerging Markets Swap UCITS ETF 1C LU0292107645 23,208,256 USD 07-Sep-2020 47.9583 5493009RXMI1GTHXHW95 Xtrackers MSCI EMU UCITS ETF 1C - USD Hedged LU1127514245 3,970,085 USD 07-Sep-2020 43.3242 549300ALO47Q7LCTU516 Xtrackers MSCI EMU UCITS ETF 1D LU0846194776 48,611,759 EUR 07-Sep-2020 37.3141 549300ALO47Q7LCTU516 Xtrackers MSCI EMU UCITS ETF 2C - GBP Hedged LU1127516455 3,051,923 GBP 07-Sep-2020 21.1257 549300ALO47Q7LCTU516 Xtrackers MSCI Europe Mid Cap UCITS ETF 1C LU0322253732 322,000 USD 07-Sep-2020 122.4721 549300K53ZG6VNCNTO67 Xtrackers MSCI Europe Small Cap UCITS ETF 1C LU0322253906 12,533,106 USD 07-Sep-2020 51.7495 5493001NKFFQ8J34H446 Xtrackers MSCI Europe UCITS ETF 1C LU0274209237 43,446,627 USD 07-Sep-2020 67.6321 549300QWP0OM04U4LX10 Xtrackers MSCI Europe UCITS ETF 2C - USD Hedged LU1184092051 9,446,645 USD 07-Sep-2020 10.4355 549300QWP0OM04U4LX10 Xtrackers MSCI India Swap UCITS ETF 1C LU0514695187 6,351,369 USD 07-Sep-2020 11.4746 549300J934WHEYR4LT41 Xtrackers MSCI Indonesia Swap UCITS ETF 1C LU0476289623 8,249,732 USD 07-Sep-2020 12.7354 549300FSAG1G3WU5LK58 Xtrackers MSCI Japan UCITS ETF 1C LU0274209740 25,527,709 USD 07-Sep-2020 62.5005 549300B0RUOTF8LWQ776 Xtrackers MSCI Japan UCITS ETF 2D - USD Hedged LU0927735406 3,511,530 USD 07-Sep-2020 21.7369 549300B0RUOTF8LWQ776 Xtrackers MSCI Japan UCITS ETF 6C - GBP Hedged LU0659580236 446,203 GBP 07-Sep-2020 22.6217 549300B0RUOTF8LWQ776 Xtrackers MSCI Korea UCITS ETF 1C LU0292100046 1,261,413 USD 07-Sep-2020 73.9964 549300Y0H4IVGKEBIM20 Xtrackers MSCI Malaysia UCITS ETF 1C LU0514694370 1,490,480 USD 07-Sep-2020 10.9847 549300BXNTQ5VE1SHW51 Xtrackers MSCI Mexico UCITS ETF 1C LU0476289466 12,675,000 USD 07-Sep-2020 3.3405 549300WGVCCZ68BCH050 Xtrackers MSCI Pacific ex Japan UCITS ETF 1C LU0322252338 8,712,046 USD 07-Sep-2020 59.4856 549300PKYNYSI1CU4632 Xtrackers MSCI Pakistan Swap UCITS ETF 1C LU0659579147 13,294,963 USD 07-Sep-2020 1.0637 549300IQ0LV3B2XIAB10 Xtrackers MSCI Philippines UCITS ETF 1C LU0592215403 21,906,233 USD 07-Sep-2020 1.4967 549300KHZS63S3BR2C61 Xtrackers MSCI Russia Capped Swap UCITS ETF 1C LU0322252502 3,175,470 USD 07-Sep-2020 28.9608 54930048GQK613KCU539 Xtrackers MSCI Taiwan UCITS ETF 1C LU0292109187 4,209,760 USD 07-Sep-2020 38.5109 549300BS2LKA0BJFCB15 Xtrackers MSCI Thailand UCITS ETF 1C LU0514694701 1,400,385 USD 07-Sep-2020 20.6094 5493006C4G53ZKBJ4S76 Xtrackers MSCI USA Swap UCITS ETF 1C LU0274210672 29,915,346 USD 07-Sep-2020 96.6358 549300F8SBBH8DIC4B04 Xtrackers MSCI World Swap UCITS ETF 1C LU0274208692 40,166,906 USD 07-Sep-2020 70.489 5493008RJ2750QYQWH07 Xtrackers Nifty 50 Swap UCITS ETF 1C LU0292109690 765,295 USD 07-Sep-2020 151.2913 5493003HJBEIBPURTQ80 Xtrackers Nikkei 225 UCITS ETF 1D LU0839027447 63,489,099 JPY 07-Sep-2020 2382.7944 549300LVXXR6TCRR8V11 Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF 1C LU0411078636 117,739,772 USD 07-Sep-2020 0.8346 549300EFLCUD3W5Y8L17 Xtrackers S&P 500 2x Leveraged Daily Swap UCITS ETF 1C LU0411078552 1,244,402 USD 07-Sep-2020 93.1242 549300C5VHS640G74S24 Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C LU0322251520 38,716,161 USD 07-Sep-2020 10.7715 549300R4YM5JER8OY786 Xtrackers S&P 500 Swap UCITS ETF 1C LU0490618542 100,509,863 USD 07-Sep-2020 64.1138 54930044TWZ26JPZ4913 Xtrackers S&P ASX 200 UCITS ETF 1D LU0328474803 1,831,284 AUD 07-Sep-2020 49.2791 54930013Q3M4XTZK8090 Xtrackers S&P Global Infrastructure Swap UCITS ETF 1C LU0322253229 4,157,726 USD 07-Sep-2020 42.0965 5493008C0SZTHO53K557 Xtrackers S&P Select Frontier Swap UCITS ETF 1C LU0328476410 5,987,184 USD 07-Sep-2020 12.5954 549300XYU8YRYRLW2V30 Xtrackers ShortDAX Daily Swap UCITS ETF 1C LU0292106241 25,965,319 EUR 07-Sep-2020 17.2559 549300JBKDYMG1CI8P69 Xtrackers ShortDAX x2 Daily Swap UCITS ETF 1C LU0411075020 78,381,015 EUR 07-Sep-2020 2.2364 5493007QFVQA092DU026 Xtrackers Stoxx Europe 600 Banks Swap UCITS ETF 1C LU0292103651 1,321,598 EUR 07-Sep-2020 23.3927 549300YNIXVMFWOP8P94 Xtrackers Stoxx Europe 600 Basic Resources Swap UCITS ETF 1C LU0292100806 3,461,250 EUR 07-Sep-2020 98.0742 549300WQTIB1NF8TQE37 Xtrackers Stoxx Europe 600 Food & Beverage Swap UCITS ETF 1C LU0292105359 428,516 EUR 07-Sep-2020 130.8897 549300TA45MCFPU0C423 Xtrackers Stoxx Europe 600 Health Care Swap UCITS ETF 1C LU0292103222 590,806 EUR 07-Sep-2020 159.3734 54930078RS1ES4P71W58 Xtrackers Stoxx Europe 600 Industrial Goods Swap UCITS ETF 1C LU0292106084 237,061 EUR 07-Sep-2020 104.1981 549300CKZLU243U6UD60 Xtrackers Stoxx Europe 600 Oil & Gas Swap UCITS ETF 1C LU0292101796 655,946 EUR 07-Sep-2020 58.1902 549300MTOEHZINZR8S05 Xtrackers Stoxx Europe 600 Technology Swap UCITS ETF 1C LU0292104469 563,876 EUR 07-Sep-2020 85.7369 549300KIYVPQAF3TNN13 Xtrackers Stoxx Europe 600 Telecommunications Swap UCITS ETF 1C LU0292104030 83,138 EUR 07-Sep-2020 56.5399 549300AGJ1TYQ7FNRT15 Xtrackers Stoxx Europe 600 UCITS ETF 1C LU0328475792 17,502,403 EUR 07-Sep-2020 81.5611 549300ZBFJN4JNFI8P11 Xtrackers Stoxx Europe 600 Utilities Swap UCITS ETF 1C LU0292104899 168,623 EUR 07-Sep-2020 108.434 549300R2FZ8OLQR2BG66 Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D LU0292096186 14,892,646 EUR 07-Sep-2020 22.9142 549300E5G4ZOXUZN8C92 Xtrackers USD Overnight Rate Swap UCITS ETF 1C LU0356591882 74,360 USD 07-Sep-2020 179.5496 549300Y460NPHKS56V12 This notice is for information purposes only. Shareholders are not required to take any action. Capitalised terms used in this letter shall have the meaning ascribed to them in the current prospectus of the Company (the Prospectus) unless the context otherwise requires. Further information in relation to this notice may be obtained from the Company on its registered address, the offices of foreign representatives or by sending an email Xtrackers@db.com Xtrackers The board of directors
Net Asset Value(s)
MAUI, Hawaii, June 8, 2020 /PRNewswire/ --Harte International Galleries of Maui has released three paintings intended as messages of hope and cheer by artistsPatrick Parker, Scott Cleek and Rascal. Continue Reading by Patrick Parker Patrick Parker is an internationally recognized artist who makes Maui his home.His newly released work is a mixed media image of an island in a tropical setting that takes on the shape of a giant pineapple, called "Hospitality Island."Parker's message to all reads, "Like the symbol of hospitality, the Island of Maui waits with open arms to welcome you back. Let the joy of your times on Maui bring you health and happiness and forever be in your thoughts." Scott Cleek, a resident of Northern California is a skilled and capable artist whose depictions of tenderness and intimacy have emerged in recent years as art that is not only beautiful but creates feelings of love and joy. The work he produced for this special effort of hope is entitled, "Socially Distant" and depicts a beautiful woman alone on a beach. Scott's message to his friends reads, "Sometimes it's perfectly okay to kick back and do nothing at all." Puerto Rican artist Rascal has worked in New York City, Rio de Janeiro, Brazil and now serves as resident artist at Harte International Galleries in Maui.Rooted in the street art of the early 80s Rascal's paintings are collected by celebrities, sports stars and international collectors and have been featured in a multiple of well-known magazines and photoshoots. As his contribution to this collaboration of hope, Rascal painted a work he calls, "Hula Girls" and his message to all reads, "Remember all the smiles and joy of Maui as you dream of the wonderful times you will soon have once again. May all my wishes for health and happiness come to you from Old Lahaina Town."Glenn and Devon Harte, owners of Harte International Galleries are the sole representatives of all three artists.Together they also exclusively represent the art of Academy Award-winning actor Sir Anthony Hopkins, a multi-talented composer, actor and artist. Additionally, they represent the estate of Anthony Quinn, and Glenn Harte has authored a book about a painting by Quinn entitled, "The Prophetic Imagery of Anthony Quinn."Devon Harte heads up a Curating Departmentseeking masterworks from around the world. Harte International Galleries boasts a multi-million dollar inventory of art by Picasso, Salvador Dali, Miro, Chagall, Matisse, Albrecht Durer and even Rembrandt. They are also expanding their collection into selected historical original works from the 18th and 19th centuries.Media Contact: Glenn Harte, 702 346 3833, [emailprotected]Related Filesharte-logo-large.jpgRelated Imageshospitality-island.jpeg Hospitality Island by Patrick Parker socially-distant.jpeg Socially Distant by Scott Cleek hula-girls.jpeg Hula Girls by Rascal Related LinksHarte International Galleries SOURCE Harte International Galleries
Three Maui Artists Share Images of Hope in Troubled Times Harte International Galleries of Maui proudly releases three new paintings produced as messages of hope in these troubled times by artists Scott Cleek, Patrick Parker and Rascal. Forming a collaboration, three artists exclusive to Harte International Galleries decided to paint special works and personalized messages intended to cheer up their friends and collectors.
DUBLIN--(BUSINESS WIRE)--The "Construction Material Testing Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 6th edition of this report. The 182-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. Global Construction Material Testing Equipment Market to Reach US$3.4 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Construction Material Testing Equipment estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Soil Testing Equipment, one of the segments analyzed in the report, is projected to grow at a 5.7% CAGR to reach US$646.7 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 Aggregate Testing Equipment segment is readjusted to a revised 4.8% CAGR for the next 7-year period. This segment currently accounts for a 37.9% share of the global Construction Material Testing Equipment market. The U.S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 8.4% CAGR for the Period of 2020-2027 The Construction Material Testing Equipment market in the U.S. is estimated at US$700.1 Million in the year 2020. The country currently accounts for a 28.8% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$633.5 Million in the year 2027 trailing a CAGR of 8.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR while Rest of European market (as defined in the study) will reach US$633.5 Million by the year 2027. Concrete Testing Equipment Segment Corners a 34% Share in 2020 In the global Concrete Testing Equipment segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$624.3 Million in the year 2020 will reach a projected size of US$868.9 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$474.4 Million by the year 2027, while Latin America will expand at a 5.5% CAGR through the analysis period. 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 IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/90ubc
Global Construction Material Testing Equipment Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com
SAN DIEGO, June 3, 2020 /PRNewswire/ --Vivaris Capital, a private equity group, today announced that it has launched its VICAN for United Cancer Centers, Inc. (UCC). UCC is the first institutional healthcare system in the U.S. offering integrative cancer care under the recently enacted Right to Try legislation. Right to Try gives patients access to potentially life-saving therapies that have cleared a Phase I clinical trial for safety but have not yet received FDA approval. UCC's mission is toredefine the concept of informed decision-making for cancer patients by providing access to a wider array of both FDA-approved and investigational treatment options. Vivaris Capital's VICAN is an innovative, structured financial product that gives investors access to institutional quality, growth equity investments while securing the principal. Vivaris Capital does this by combining a private equity investment with investment-grade securities that mature to return the face amount invested regardless of the performance of the portfolio company. Structured financial products are a hybrid security combining debt and equity components. On a global scale, there are over $2 trillion in structured note assets under management. They are widely used in Asia and Europe, accounting for $1.1 trillion and $560 billion of that total, respectively. Structured financial products have historically been used by the largest and most sophisticated financial institutions in the U.S. but are an emerging asset class for smaller investors. "We created the VICAN structured financial product to provide access to alternative asset investments to individual investors, family offices, and smaller institutions. Alternative assets are among the best performing investments historically, providing better valuations and higher growth than publicly traded companies and bonds on average," said Christopher Mizer, President and CEO of Vivaris Capital. Nearly everyone is touched by cancer. It is the second leading cause of death in the U.S., claiming over 600,000 lives annually. The UCC VICAN provides a way to bring novel treatments to patients who desperately need them and gives hope to them and their families. The VICAN allows investors to support this meaningful work while providing the potential for capital appreciation and principal security. UCC was formed by the owners of CHIPSA Hospital, a highly successful, integrative care clinic in Playas Tijuana, Mexico. CHIPSA Hospital has served cancer patients with immune therapies for over 35 years. It receives about 15,000 inquiries annually from cancer patients in the U.S. and globally, many of whom have exhausted the current standard of care and are looking for alternatives. Ed Clay, President and Co-Founder of United Cancer Centers, added, "We are taking three revolutionary ideas and combining them. We are using a unique investment vehicle, an unprecedented system that was just passed through Congress, and leading edge therapies that have the possibility to really change the world. We are giving patients the access to medicine in the fight of their lives that may very well become the standard of care in the future." For more information about the United Canter Centers VICAN, visit: https://vican.vivariscapital.com/. For more information on Vivaris Capital visit, www.vivariscapital.com. THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. ANY OFFER OF OUR COMMON STOCK WILL BE MADE ONLY ON THE TERMS SET FORTH IN THE OFFERING CIRCULAR, WHICH IS AVAILABLE AT WWW.VIVARISCAPITAL.COM. Forward-looking Statements This press release includes "forward-looking statements," as such term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the current beliefs of the Company's directors and executive officers (collectively, "Management"), as well as assumptions made by and information currently available to Management. All statements regarding the business strategy and plans and objectives of Management for future operations, are forward-looking statements. When used in this press release, the words "anticipate," "believe," "estimate," "expect" and "intend" and words or phrases of similar meaning, as they relate to Management, are intended to identify forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Media Contact:Olga Moreno[emailprotected]541-306-0595 SOURCE Vivaris Capital Related Links https://www.vivariscapital.com/
Vivaris Capital Launches VICAN for United Cancer Centers Private Equity Group Launches Its Structured Financial Product to Raise Capital for the First, Institutional Healthcare System in the U.S. Offering Integrative Cancer Care Under Right to Try Act
LOS ANGELES, March 16, 2020 /PRNewswire/ --As people across the globe are staying indoors, self-quarantined due to Coronavirus,MeWe, the rapidly growing Facebook competitor, launchesMeWe's-the first dual-camera videos available on any social network.MeWe'sare the perfect way for people to stay virtually connected in a fun and safe way with their friends and family. Social Medias First Dual-Camera Videos: "MeWes" As people across the globe are social distancing, self-quarantined due to Coronavirus, MeWe launches MeWes - the first dual-camera videos available on any social network. MeWes are the perfect way for everyone to stay virtually connected in a fun and safe way with their friends and family. Photo Image of Industry-First "MeWe's" MeWe'sallow members to simultaneously film and share videos using their phone's inward ("selfie") and outward-facing cameras. With MeWe's, your phone is recording you talking ("Me"), and what you're talking about at the same time ("We") creating a unique double-view video. MeWe's can be created by members with iPhone XR or newer, and viewed on all platforms (desktop, Android, iOS). MeWe also announces the launch of MeWe Stories, allowing members to create slideshow stories of their day that disappear after 24 hours. In tandem with MeWe's, members now have a brand-new way to create and share Stories not possible on Facebook, Instagram, Snapchat, Twitter, TikTok, or any other social network. MeWe Stories can be created on iOS and Android and viewed on all platforms. "MeWe is a force for good in the world. In a time when people are isolating and 'social distancing', MeWe's bring us together in a fun and uplifting new way. MeWe members enjoy cutting-edge features with friends and family, under the umbrella of trust, control, and data privacy," says Founder and CEO Mark Weinstein.The ad-free social network has over 7 million members and expects up to 40 million by the end of 2020. MeWe is free for members because privacy is not something anyone should have to pay for. The company has a freemium revenue model and also receives revenue from its enterprise collaboration platform,MeWePRO, a Slack competitor.MeWe'sAdvisory BoardincludesSirTim Berners-Lee, inventor of the Web. MeWe's groundbreaking "Privacy Bill of Rights" guarantees members have total control of their data, newsfeeds and privacy. MeWe safeguards members with a strongTerms of Service.MeWe was named a 2020 Most Innovative Social Media Companyby Fast Company, a 2019Best Entrepreneurial Company in AmericabyEntrepreneurMagazine, andStart-Up of the Year Finalistat SXSW. About MeWeMeWe is the uplifting, Next-Gen Social Network with cutting-edge features. No Ads, No Targeting, No Facial Recognition, No Election Interference, No Newsfeed Manipulation, No BS. MeWe is available worldwide in 19 languages. Media Contact:[emailprotected]SOURCE MeWe Related Links https://mewe.com
MeWe Launches Social Media's First Dual-Camera Videos: "MeWe's " The fun new way to stay safely social during Coronavirus pandemic
PHOENIX, March 16, 2020 /PRNewswire/ -- The #1 Red Wing Shoe store in the nation is in Gilbert Arizona. This local store won the award over the other 500 plus Red Wing Shoe Stores in the United States. During the recent Red Wing Shoe Company's National Sales meeting in Las Vegas, Red Wing Shoes of Gilbert Arizona received this prestigious award in front of Red Wing Shoe Store Managers and Independent owners from across the United States. John Rademacher, Retail Director, West Region, Red Wing Brands of America said, "Red Wing Shoe Company was very proud to recognize and award the local Red Wing Shoe Store in Gilbert, Arizona for the top footwear and footwear accessory sales in the country. We want to thank Michael and Micaela Colistro, and their staff for their outstanding service to their community." The owner and operator of Red Wing Shoes in Gilbert is Michael Colistro. He said in acknowledging the award that, "For over 15 years we've served the East Valley of Phoenix with the very best safety shoe product available. We strive to serve our community with the product and services that working men and women deserve. This award makes us very proud and thankful." Link http://stores.redwing.com/gilbert-az With locations in Gilbert, Mesa and in East Phoenix, Colistro says, "It's our goal to be the top 3 stores in the Nation next year!" In addition to safety footwear, Colistro also owns the Red Wing Boot Truck. This is a fully stocked truck that can go to work sites to fit and sell safety boots directly to work crews. The Colistro stores are involved in the community as members of multiple Chamber of Commerces. Community events include their annual SUPPORT A VETERAN promotion where they accept old and worn work boots in trade in. The boots are then cleaned and repaired and then donated to local veteran groups. ABOUT Red Wing Shoe Stores East Valley:Michael Colistro has over 30 years of experience and a certification in orthopedic shoe modification from Ball State University. He is a noted footwear specialist in the industry. Store locations include 3126 S. Higley Rd., Ste 101, Gilbert Az. 85295 1911 W. Broadway Rd, Ste 22, Mesa AZ 85202 3937 E. Thomas Rd., Phoenix, AZ 85018 SOURCE Red Wing Shoe Stores East Valley Related Links http://stores.redwing.com/gilbert-az
Red Wing Shoe Store in Gilbert Arizona is #1 in Nation
LONDON and NEW YORK, Feb. 3, 2021 /PRNewswire/ -- Out Leadership, the oldest and largest global coalition of companies working to improve LGBTQ+ equality, is delighted to welcome leading global law firm Freshfields Bruckhaus Deringer ('Freshfields') as a new member company, representing the organization's continued expansion into the legal sector. "We are delighted that Freshfields is joining as our first new member firm this year. Freshfields has made, and continues to make, real change in their organization and the communities they serve around LGBTQ+ inclusion. From workplace and employee efforts to their extensive pro bono work, they are a natural fit to join our global community of leading companies dedicated to advancing LGBTQ+ equality," said Todd Sears, CEO & Founder, Out Leadership. Freshfields is one the world's largest law firms, employing more than 5,000 people globally. The firm's partnership with Out Leadership signifies a part of its wider commitment to championing diversity and inclusion, and more specifically LGBTQ+ equality at the firm and across the industry more broadly. The partnership will support the firm's continued focus on building a truly inclusive culture and allow for more diversity and inclusion collaboration with other global firms. "We are delighted to join the Out Leadership community, to work together to champion LGBTQ+ inclusion globally," said Helen Ouseley, the Global Head of Diversity & Inclusion at Freshfields. "LGBTQ+ inclusion iscentral to our diversity and inclusion strategy and I am confident that our partnership with Out Leadership will not only enable us to provide opportunities for colleagues internally to drive progress and engagement, but will also allow us to collaborate with others in the network championing equality across business to make a greater collective impact around the world," she added. About Freshfields Bruckhaus Deringer: Freshfields Bruckhaus Deringer LLP is a global law firm with a long track record of successfully advising the world's leading national and multinational corporations and financial institutions on ground breaking and business-critical challenges. Our team of more than 2,800 lawyers and other legal professionals delivers global results from our 29 offices worldwide. Our commitment, local and multinational expertise and business know-how means our clients can rely on us when it matters most. About Out Leadership: Out Leadership is the oldest and largest global LGBTQ+ business advisory that partners with the world's most influential companies to build business opportunities, cultivate talent, and drive LGBTQ+ equality forward. We believe that LGBTQ+ inclusion positively impacts business results, and that including LGBTQ+ people at the most senior level of executive leadership builds business. We call this idea Return on Equality. Comprised of more than 80 global member organizations and dedicated to cross-industry collaboration, Out Leadership is a certified B Corporation. Out Leadership convenes CEOs, business leaders and allies at exclusive invitation only events across 4 continents. Out Leadership also operates three talent initiatives: Quorum, which aims to increase LGBTQ+ representation on corporate boards; OutNEXT, the first global talent development program for emerging LGBTQ+ leaders; and OutWOMEN, connecting senior level LGBTQ+ women in business. To learn more, please visit https://outleadership.com/ SOURCE Out Leadership
Leading global law firm Freshfields joins Out Leadership
NASHVILLE, N.C., Dec. 22, 2020 /PRNewswire/ -- Atlantic Natural Foods, LLC (ANF),theleadingshelf-stable, plant-basedmanufacturer ofaward-winningLoma LindaandTUNObrand foods, today announced the company will kick off a nationwide effort to help deliver relief for hungry families in need, starting today with 25,000 meals to be donated to the Food Bank of Central and Eastern N.C.in Raleigh, N.C. With an estimated 65 million Americans living in food insecure homes in the U.S. and seeking to avoid going hungry this winter season, the plant-based food manufacturer is joining fellow food companies and other organizations and individuals throughout the country who are responding to the hunger plight with in-kind donations. "We are a small company, and we are all aware of families living paycheck to paycheck to provide for their loved ones, so it is important for us to lend support and help provide for communities in need," commented Kelly Krause, EVP and Business Development, Atlantic Natural Foods. "This year continues to be a challenge, but we do not want to lose sight of our mission and values as we continue to create healthy food for the world." The company kicked off the initiative this past weekend by delivering supplies to Food Bank CENC, Greenville, Nash UNC Health Care Hospital, and nearby communities that have been especially hard hit by the pandemic. The larger push will take place today and include a variety of ready-to-eat Loma Lindaand TUNO brand foods that can provide up to 25,000 meals to Food Bank of Central and Eastern N.C. Beyond its corporate headquarters, Krause says Atlantic Natural Foods is committed to providing an additional 50,000 meals (in the form of Loma Linda Ultimate Vegetarian Chili and Hawaiian Bowls) to food banks throughout Greater New York, Chicago, and the Washington D.C. area, which should be shipping next week. She added, "Just wish we could do even more." For more information on Atlantic Natural Foods or its products, please visit www.atlanticnaturalfoods.com. About Atlantic Natural FoodsHeadquartered in Nashville, NC, Atlantic Natural Foods is the leading shelf stable manufacturer and provider of Loma Linda,TUNO,neat andKaffreeRoma brand products. Its mission is to provide affordable, sustainable and healthy sources of plant-based protein food for alllifestyles and people to live healthier, longer lives. The company operates its own manufacturing facility as well as a joint venture project in Thailand. The brands are sold throughout the U.S and in 17countries, including the U.K. and Australia. To learn more about Atlantic Natural Foods, please visitwww.atlanticnaturalfoods.comor follow the brand inFacebook,InstagramorTwitter. SOURCE Atlantic Natural Foods, LLC Related Links https://www.atlanticnaturalfoods.com
Atlantic Natural Foods to Donate 75,000 Meals to Food Banks throughout the U.S. Leading manufacturer of plant-based foods kicks off nationwide effort in Raleigh, N.C., to help provide food to people in need this winter
ROCHESTER, N.Y., July 6, 2020 /PRNewswire/ --Over the course of the last quarter, Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, has released several new Paychex Flex features and functions to its customers to address the ongoing business challenges and shifting workplace dynamics as a result of the COVID-19 pandemic. The company's most recent round of product releases includes solutions to help organizations stay connected, maintain compliance, unlock productivity, and lead with insights. "COVID-19 has introduced even more complexity to an already rapidly changing business environment," said Martin Mucci, Paychex president and CEO. "Employers are grappling with a staggering number of questions and new challenges all without a playbook due to these unprecedented and uncertain times. As a trusted business partner, it's our job to help them overcome those challenges, plan for what the future of work looks like for their business, and provide them with the solutions needed to help get them there." According to a recent Paychex poll, nearly one-third of businesses plan to allow remote work post-pandemic. The same study found that 23 percent of organizations plan on permanently increasing their use of technology to improve employee productivity. Another 38 percent of respondents viewed technology as the No. 1 solution to help them in the short-term as they transition back to the workplace. "While HR technology has been enabling productivity and driving better business outcomes in organizations for many years, COVID-19 has accelerated digital transformation in organizations of all shapes and sizes," said Tom Hammond, Paychex vice president of corporate strategy and product management. "The current work environment has reinforced the critical role technology must play in supporting business operations, infrastructure, and the workforce. The products we've introduced over the last several weeks are designed to do exactly that." Headlining the FY21 Paychex Flex products released over the last quarter are: HR Connect: Enables employees to digitally submit questions, requests, and incidents directly to HR through an easy-to-use workflow. With more employees working remotely due to COVID-19, the volume of issues may be increasing. HR Connect helps simplify the case management process for all involved, allowing for the verification of concerns received and facilitating the appropriate attention is given so matters can be quickly and efficiently addressed. Administrators can also document injuries or illnesses, information that automatically populates in required OSHA forms. In addition, a new HR Connect report can provide insight into specific workplace issues, including OSHA-related data such as tracking issue counts, type, on-hold time, and injury by location. Conversations:Initially launched in summer 2019, significant enhancements offer additional functionality and improve the user experience. Updates include the ability to print notes and filter based on tags and dates, enable employees to add their own notes, and allow administrators to share notes with other leaders. Communicating often and openly using HR Conversations, leaders can reinforce and strengthen connections to help keep workers engaged, supported, and productive. OSHA Dashboard:Prepares documentation for OSHA-reportable events, tracks open items, allows users to access forms, and provides a snapshot of reported injuries or illnesses by location. The dashboard also features links to relevant Paychex WORX content, which includes up-to-date information on the compliance, HR, and business trends leaders need to know. Worker Templates:Simplifies the process of adding new workers by allowing administrators to create templates with default settings that automatically populate commonly used fields within Paychex Flex. Templates can be created by position type, worker status, and other scenarios. This solution helps streamline the hiring process and enable administrators to focus on more high-value work during a time when organizations may be looking to onboard new employees quickly. New Live Reports:The unpredictable nature of COVID-19 has exposed gaps and risks in many organizations, increasing the need for workforce insights that can support business strategy and preparedness. In addition to improved report search capabilities, the release of the following new Live Reports will help businesses lead with insights: Job Costing and Labor Distribution:Improves visibility into costs across jobs, labor assignments, and departments through visualizations, including the ability to drill down for detailed analysis. Workers' Compensation:Employers can view a variety of employee and policy data, including policy number, policy date, state, and class code information. This can help leaders visually compare wage-related data and provide the required information in the event of an audit. Employee Change History:Reviews employee data updates over time, including position, location, organization, supervisor, and status information. "Simplifying work and removing barriers for businesses is more important now than perhaps ever in our company's nearly 50-year history," Mucci added. "We have been and will continue to be there for our clients as they take on the challenges of safely bringing employees back to work, complying with complex regulations, and modifying processes to support virtual working arrangements." To learn more about the features and functions included in this Paychex product release, visit payx.me/summer2020. About PaychexPaychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by more than 45 years of industry expertise, Paychex serves approximately 670,000 payroll clients as of May31, 2019 across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting paychex.comand stay connected on Twitterand LinkedIn. Media Contact Tracy Volkmann Public Relations Program Manager Paychex, Inc. (585) 387-6705 [emailprotected]@PaychexNews SOURCE Paychex, Inc. Related Links http://www.paychex.com
New Paychex Products Address Evolving Workplace Norms Due to COVID-19 Latest Paychex Flex releases help organizations stay connected, compliant, and productive
SAN FRANCISCO, April 15, 2020 /PRNewswire/ -- Silicon Valley-based startup dotin Inc. announces another round of seed funding from two investment firms that actively seek out early-stage tech endeavors: Qu Ventures and Arka Venture Labs. dotin Inc., a business-to-business, artificial intelligence, software-as-service platform, promotes employer-employee alignment in the workplace by leveraging critical insights on employees' and potential hires' motivations and personalities. Continue Reading Qu Venture and Arka Venture Lab Invest in dotin Inc. During uncertain economic times when many have hit pause on investing, it's encouraging to see this type of activity. And it's a testament to the viability of the dotin platform. These investments offer opportunities beyond just capital. Qu Ventures has strong connections and resources in Asia, a market dot.in is excited to enter. And ArkaVenture Labs is positioned to foster dotin's continued growth in the U.S. "Our AI-generated insights help recruiters and employers gain a deeper understanding of talent's key attributes so they're better able to hire and place workers within an organization. This is critical for retention and the optimization of a workforce. Asia and the U.S. are home to innovative companies that we can absolutely help with our platform. We're thrilled to partner with Qu Ventures and ArkaVenture Labs to keep expanding our work and our exposure to new markets," Ganesh Iyer, CEOand founder of dotinInc. says. The investment firms share in dotin Inc.'s enthusiasm. "Enterprises lose $30 billion a year due to bad hiring decisions. Over 90% of these hiring decisions are typically based on an assessment of the candidate's skills and not their cultural alignment with the company or team culture. This causes bad hires. Existing assessment solutions focus on understanding the conscious mind, ignoring the 95% of decisions that are made subconsciously. dotin solves this problem using its patented AI-based technology," explains Radhesh Kanumury, Managing Partner, ArkaVenture Labs.Better still, the dotin platform is able to offer this revolutionary solution without asking talent a single question. dotin utilizes psychology, structured/unstructured social or enterprise data, and machine learning to identify interpersonal decision-points and modify behavior for the benefit of employer and employee, yielding powerful business outcomes.That's an offering that's needed now more than ever. As companies face the COVID-19 crisis head-on, the work has gone virtual. And for some personalities, that can be an added challenge. dotin platform helps on two fronts. First, some industries will need to continue onboarding talent. Insights into the personality and work habits of potential hires can ensure employers bring on workers who are well-equipped to contend with work-from-home conditions, or the employer can make an educated decision to bring another personality into the fold while being prepared to offer the right assistance and training for these extenuating circumstances. The same tactic can be used for companies' current workforces. Identifying who among employees will need extra support can nip issues in the bud and keep everyone on track.With the additional funding, dotin plans to further its product development and growth, widening the scope of its offerings. Ganesh offers, "Recruitment and retention are vital to the success and sustainability of any company. We figure out what enterprises need most, then we build to it with data-driven solutions that disrupt the status quo."About dotin Inc.Based in Silicon Valley, dotin Inc.'s proprietary AI service software taps into structured and unstructured data to deliver rich, impactful and bias-free business insights.About Qu VenturesQu Ventures is a family-owned investment firm that provides early-stage tech companies with resources backed by the public companies the family owns, including Alpha Group (the largest entertainment company in China) and Aulton New Energy.Among its many investments, Qu Ventures has partnered with Starship Technologies, Leaseable, Pronto, and Byton (a new generation of smart vehicles and a direct competitor to Tesla). Qu Ventures works with an organization's management team to do more than just write a check; the group helps entrepreneurs focus on innovation, disruption, and impact. About Arka Venture LabsArkaVenture Labs is a cross-border accelerator fund launched with three venture capitalist firms Blume Ventures, Benhamou Glove Ventures, and Emergent Ventures.Arkaoffers B2B start-ups with the capital and investment they need to invest in overseas markets. Specifically, the group helps companies access the Silicon Valley ecosystem with its vital mentoring and infrastructure support. Media Contact:For more information on investment opportunities, please contact dotin Inc. at [emailprotected].Related Imagesqu-venture-and-arka-venture-lab.jpg Qu Venture and Arka Venture Lab Invest in dotin Inc. Qu Venture and Arka Venture Lab Invest in dotin Inc. Related Linksdotin Inc's Talent Analytics Artificial Intelligence (AI) Platform Adopted by NetOne Group for New Product Line, Karatare AI SaaS dotin Inc. Announces Sven Hensen and BRIIA (Former COO/CFO of 49ers) as InvestorsSOURCE dotin Inc. Related Links https://dotin.us
dotin Inc. Receives Next Round of Seed Funding The AI Service Platform Gets an Influx of VC Investment from Qu Ventures and Arka Venture Labs
LOS ANGELES, Nov. 19, 2020 /PRNewswire/ --LiveXLive Media (NASDAQ: LIVX) ("LiveXLive"), a global platform for livestream and on-demand audio, video and podcast content in music, comedy, and pop culture,and owner of PodcastOne, Slacker Radio and React Presents, announced today the launch of pay-per-view concert 'A Night With Bebe Rexha' presented by American Airlines and Mastercard. Two-time Grammy Award-nominee, Bebe Rexha will host a virtual acoustic concert exclusively on LiveXLive for her fans in partnership with American Airlines and Mastercard. 'A Night with Bebe Rexha'will be a Priceless virtual event connecting fans with their passion for music and hear the 10x Platinum, Diamond-selling icon perform her hit songs that have topped the charts in Pop and Country. The acoustic concert will be streamed across LiveXLive's platform on December 17th 8PM EST AND 5PM PST. LIVEXLIVE, AMERICAN AIRLINES AND MASTERCARD PARTNER FOR A ONE NIGHT EXCLUSIVE LIVEXLIVE EVENT WITH BEBE REXHA Tweet this American Airlines AAdvantage Mastercard credit card holders will be able to access a free ticket to the acoustic concert. Tickets are available for the public on LiveXLive's website and will be available until the day of the performance with a variety of ticket packages starting at $9.99, including VIP ticket bundles and a LiveXLive subscription. The audience will also get access to purchase merch packages, as well as virtual meet-and-greets with Bebe Rexha. "LiveXLive is delighted to partner with Bebe Rexha and American Airlines and Mastercard, bringing her fans together from all around the globe during this festive and celebratory time," said Jackie Stone, Chief Marketing Officer of LiveXLive."I'm very excited to bring this Priceless experience to my fans just in time for the holiday season. Thanks to American Airlines, Mastercard and LiveXLive for bringing this performance to life," said Bebe Rexha.LiveXLive's owned and produced franchises including our pay-per-view (PPV) series and our LiveXLive Presents, free to air concert series, are part of the company's strategic growth of LiveXLive branded and owned properties across various genres of music and entertainment alike. About Bebe Rexha Diamond-selling and two-time Grammy-nominated New York City native Bebe Rexha is a musical force to be reckoned with. Her RIAA Gold-certified debut album Expectations (released June 2018 on Warner Records) contained the Platinum single "I'm a Mess" and global chart-topping smash "Meant to Be" (featuring Florida Georgia Line), now RIAA Certified Diamond. "Meant to Be" held the #1 spot on the Billboard Hot Country Songs chart for a record-setting 50 straight weeks, the longest reign ever by a female lead artist, and won Top Country Song at the 2019 Billboard Music Awards and Best Collaboration at the 2018 iHeart Radio Music Awards. It was subsequently nominated for Best Country Duo/Group Performance at the 61stannual Grammy Awards in February 2019, where Bebe was also nominated for Best New Artist. Early in her career, Bebe won the National Academy of Recording Arts and Sciences' Best Teen Songwriter Award, and then formally burst onto the scene when she wrote "The Monster," a worldwide hit for Eminem and Rihanna that was certified 6x Platinum by the RIAA. Bebe went on to co-write and carry the instantly recognizable hook for the 3x Platinum "Hey Mama," by David Guetta, which was nominated for a Billboard Music Award for Top Dance/Electronic Song. Bebe also hit #1 on the Billboard Pop and Rap charts with her 5x Platinum "Me, Myself & I" with G-Eazy. In 2017, Bebe released the critically acclaimed EPs, All Your Fault: Part 1 (with the Platinum single "I Got You"), and All Your Fault: Part 2 (with "Meant to Be"). Now in 2020, Bebe has amassed almost 4 billion YouTube views and over 12 billion total global streams and counting. In conjunction with Grammy Week 2019, Bebe launched the Grammy Music Education Coalition's (GMEC) national campaign on behalf of its new All-Star Ambassador program, whose members also include Luis Fonsi, Rita Ora, Kristin Chenoweth, Regina Spektor and others. In October, 2020, Bebe released her brand new single, "Baby, I'm Jealous" feat. Doja Cat, which is the first track from her forthcoming Spring, 2021 album.About LiveXLive Media, Inc.Headquartered in Los Angeles, California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") (pronounced Live "by" Live) is a global platform for live stream and on-demand audio, video and podcast content in music, comedy, and pop culture. LiveXLive, which has streamed over 1500 artists since January 2020, has become a go-to partner for the world's top artists and celebrity voices as well as music festivals concerts, including Rock in Rio, EDC Las Vegas, and many others. In April 2020, LiveXLive produced its first 48-hour music festival called "Music Lives" with tremendous success as it earned over 50 million views and over 5 billion views for #musiclives on TikTok on 100+ performances. LiveXLive's library of global events, video-audio podcasts and original shows are also available on Amazon, Apple TV, Roku and Samsung TVs in addition to its own app, destination site and social channels. The Company's wholly-owned subsidiary,PodcastOne, generates more than 2.1 billion downloads annually across more than 300 podcasts. For more information, visit www.livexlive.com and follow us on Facebook, Instagram, TikTok, Twitter at @livexlive, and YouTube. Forward-Looking StatementsAll statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing or acquisition and the timing of the closing of such proposed transactions, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all or that the closing of any proposed transaction will not occur; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid subscribers; the Company identifying, acquiring, securing and developing content; the Company's ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company's subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2020, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 26, 2020, Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, filed with the SEC on November 16, 2020, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.Press Contact:The Rose Group[emailprotected][emailprotected]LiveXLive IR Contact:310.529.2500[emailprotected]SOURCE LiveXLive Media, Inc.
A Night With Bebe Rexha LiveXLive, American Airlines And Mastercard Partner For A One Night Exclusive LiveXLive Event Original Pay-Per-View Acoustic Concert with 10x Platinum, Two-Time Grammy-Nominated Artist Bebe Rexha
OAKBROOK TERRACE, Ill., June 2, 2020 /PRNewswire/ -- iRecon announces a fully revamped reconditioning platform to help dealers gain transparency and eliminate bottlenecks keeping inventory from reaching the front line. Equipped with a new and intuitive user interface, dealer-vendor mobile application and location tracking, iRecon's enhanced solution was developed through client feedback and market research, taking into consideration what dealers want and need to further optimize the reconditioning workflow in today's environment. As the auto retail industry continues to adapt to a new way of working and shopping in the wake of the coronavirus pandemic, time and cost efficiency have never been more important. This is particularly pertinent to the reconditioning process every day a used vehicle sits in service or waits on a vendor for reconditioning, dealers lose valuable sales opportunities. By enabling more informed and calculated decisions, the iRecon platform helps dealers spend the right money on the right vehicle for the right reason to take reconditioning from an expense to an advantage. "Amid today's uncertain economy, dealers may only have one shot to win a sale. Spending money wisely to better streamline reconditioning and get quality vehicles in front of customers faster will be vital to finding success and getting stores back to profitability," said Mike Boyd, senior director of business enablement and founder of iRecon. "At iRecon, we are focused on providing dealers with the tools they need to help turn pennies into dollars by enhancing communications with vendors, boosting productivity and ensuring transparent time to front-line ready." The revamped iRecon platform features five major tool and capability enhancements for dealers: Recon Dashboard: View the status of any vehicle and take action based on valuable reconditioning metrics that can be tailored to a dealership's unique workflow. iRecon Mobile: Communicate with reconditioning vendors in real time on the go through push, workflow and comment notifications from any iOS or Android device. Introducing more transparency into the reconditioning process, dealers can also send and receive photos and use VIN scanning to maintain efficiency. Location Tracking: Save time and quickly pinpoint where physical vehicles are on the lot through GPS technology. Recon Templates: Build custom plan templates to get the reconditioning process started in only two clicks. Provision Integration: Make more informed used car decisions by leveraging industry-leading vAuto data throughout the reconditioning process. With appraisal notes and reconditioning estimates automatically flowing from Provision into iRecon, dealers also gain early insight to help improve each vehicle's time to front line. "Greater visibility into the reconditioning workflow, costs and how long it will take to get a vehicle front-line ready is crucial to making sure every dollar counts right now," said Jim Farkas, General Manager, Germain Honda of Ann Arbor and MINI of Ann Arbor in Michigan. "The refreshed iRecon platform makes communicating with internal team members and vendors simple and provides our team with the strategic insight and easy navigation necessary to ensure accountability and seamlessly track and complete reconditioning work." For more information on iRecon, visit https://www.vauto.com/products/irecon/. About vAutovAuto provides innovative technology, tools and business intelligence to thousands of dealerships across the United States and Canada, helping them compete more effectively and increase new/used vehicle sales volumes and profits. Founded in 2005, vAuto revolutionized dealers' used vehicle operations with the groundbreaking Provision suite of tools. Leveraging The Velocity Method of Management, pioneered by vAuto founder, Dale Pollak, Provision helped dealers adopt a more transparent- and turn-focused approach to used vehicle acquisition, appraising, pricing and merchandising based on real-time, local market supply-and-demand data. vAuto's solutions also include Conquest, a new vehicle inventory management and pricing system, and Stockwave, which enables dealers to efficiently find and purchase vehicles from leading wholesale sources via a single platform. In 2018, vAuto released the Provision ProfitTime metric and methodology to help dealers maximize inventory turn and gross profit based on the investment value or profit potential of each vehicle. The same year, the company expanded its integrations with Cox Automotive's HomeNet unit and acquired iRecon, an online reconditioning workflow platform. The moves extend vAuto's efficiency-focused used vehicle management solutions into vehicle merchandising and reconditioning. Headquartered near Chicago, Illinois, vAuto is a Cox Automotive brand. About Cox Automotive Cox Automotive Inc. makes buying, selling, owning and using cars easier for everyone. The global company's 34,000-plus team members and family of brands, including Autotrader,Clutch Technologies, Dealer.com, Dealertrack, Kelley Blue Book, Manheim, NextGear Capital, VinSolutions, vAutoand Xtime,are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of CoxEnterprises Inc., a privately-owned, Atlanta-based company with revenues of $21billion. www.coxautoinc.com SOURCE vAuto
iRecon Enhances Platform to Bring Greater Transparency, Communication and Efficiency to Reconditioning Workflow Introducing a new and more user-friendly look, feel and functionality to help dealers get used inventory front-line ready faster
GAITHERSBURG, Maryland, May 28, 2020 /PRNewswire/ -- According to Stratistics MRC, the Global Garden and Lawn Tools Market is accounted for $6.66 billion in 2018 and is expected to reach $13.32 billion by 2027 growing at a CAGR of 8.0% during the forecast period. Some of the key players profiled in the Garden and Lawn Tools Market include Toro, STIHL, Stanley Black & Decker, Robert Bosch, MTD, Makita U.S.A., Husqvarna, Home Depot Product, Authority, Emak, Blount International and American Honda Motor. Rising commercial and residential construction projects across the globe and increasing number of the sports field, public parks, and golf courses in developed and developing countries are the major factors propelling the market growth. However, increasing preference for sports turf and synthetic grass is restraining the market growth. Request for sample here: https://www.strategymrc.com/report/garden-and-lawn-tools-market/request-sample A garden and lawn tool is any one of various tools prepared for garden and overlaps with the variety of tools for agriculture and horticulture. These tools mainly used for trimming, cutting, aligning, and maintaining lawns health. Based on the application, the residential segment is having a lucrative growth during the forecast period due to increasing popularity of outdoor landscaping which helps to raise the demand for power lawn and garden tools. Access the complete report at: https://www.strategymrc.com/report/garden-and-lawn-tools-market By geography, North America is going to have a lucrative growth during the forecast period due to increasing number of golf courses, rising demand for homemade fresh fruits and vegetables, and the growing popularity of gardening. Make an inquiry at: https://www.strategymrc.com/report/garden-and-lawn-tools-market Products Covered: Power Tools Lawnmowers Hand Tools Garden Accessories Distribution Channels Covered: Online Offline Applications Covered: Residential Municipal Commercial End Users Covered: Lawn Garden Regions Covered: North America US Canada Mexico Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand South Korea Rest of Asia Pacific South America Argentina Brazil Chile Rest of South America Middle East & Africa Saudi Arabia UAE Qatar South Africa Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country-level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Follow us on Twitter:https://twitter.com/StratisticsMRC Follow us on LinkedIn at:https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile About Stratistics MRC We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. Contact Info: Name: James LambEmail:[emailprotected]Organization: Stratistics Market Research Consulting Pvt LtdPhone: +1-301-202-5929 Website:https://www.strategymrc.com SOURCE Stratistics Market Research Consulting Pvt Ltd Related Links http://www.strategymrc.com/
Global Garden and Lawn Tools market is Expected to Reach $13.32 Billion by 2027 - Latest Market Research Report by Stratistics MRC
LOS ANGELES, Jan. 19, 2021 /PRNewswire/ --Southern California Gas Co. (SoCalGas) today announced the company was presented with the Los Angeles Area Chamber of Commerce's Corporate Member of the Year award. SoCalGas was selected in recognition of the company's support of the Chamber's efforts to support economic prosperity in the Los Angeles region. SoCalGas co-hosted the first-ever virtual job fair which had over 1,000 registrants, supported the launch of ONE LA to assist small businesses in obtaining vendor contracts from companies like SoCalGas and helped engage and recruit highly skilled executive committee members. The Chamber's efforts were led by SoCalGas vice president, Denita Willoughby, who served as the organization's 2020 board chair. Willoughby is the first African-American woman to do so since the Chamber's inception in 1888. Continue Reading (PRNewsfoto/Southern California Gas Company) "SoCalGas recognizes the need to champion the communities we serve and the businesses that keep these communities thriving, now more than ever," said Maryam Brown, president of SoCalGas. "We are proud of the work we did with the L.A. Area Chamber of Commerce this past year and we are thrilled to receive this award. SoCalGas has been a longtime partner of the Chamber, helping to build a prosperous region for all Angelenos. We will continue to support those we serve, not only through our community partnerships, but by providing a clean and resilient 21st century energy system that is affordable for all." "The Los Angeles Area Chamber of Commerce is proud to honor SoCalGas as our Corporate Member of the Year. Throughout the past year, their unwavering partnership with the Chamber and our community has been the best example of leadership. We look forward to partnering with them in the year ahead as we all chart our course toward economic recovery," stated Los Angeles Area Chamber of Commerce, president & CEO, Maria S. Salinas. "COVID-19 has dealt a devastating blow to our workers and small businesses, the very backbone of our economic strength and we all bear responsibility for ensuring our hardest-hit employers can survive this period of sheer uncertainty," said Los Angeles Mayor Eric Garcetti. "We can only meet this moment through the power of partnerships, and we are proud to have leaders like SoCalGas and the L.A. Area Chamber of Commerce stepping forward to help lift up local businesses, navigate our pandemic response, and prepare for the recovery," said Mayor Eric Garcetti. TheLos Angeles AreaChamber of Commerce works to champion the needs of the business community inLos Angelesthrough its nationally recognized influence. The organization advocates for economic prosperity and quality of life for theLos Angelesregion by being the voice of business, promoting collaboration and helping members grow. The Chamber represents more than 650,000 employees and businesses from more than 35 industry sectors. Each year the Chamber delivers referrals to member companies, provides business and professional development programs and internship opportunities forLos Angelesyouth.SoCalGas has been a member of the Los Angeles Chamber of Commerce since 1911 and has invested over $1.5 million since 2001 in the chamber and its affiliated centers of impact, including Southern California Leadership Network (SCLN), Better Buildings Challenge, LASER, Unite LA and LA Jobs PAC. AboutLos Angeles AreaChamber of CommerceTheLos Angeles AreaChamber of Commerce represents the interests of business in theLos Angelesregion. The Chamber's mission is to design and advance opportunities and solutions for a thriving regional economy that is inclusive and globally competitive. Founded in 1888, the Chamber is the oldest and largest business association in the region. Its member companies work together to promote a prosperous economy and quality of life in theLos Angelesregion. For more information, visitwww.lachamber.com.About SoCalGasHeadquartered inLos Angeles,SoCalGasis thelargest gas distribution utilityintheUnited States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across24,000 square milesof Central andSouthern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians about45 percent of electric power generatedin the state comes from gas-fired power plants.SoCalGas' vision is to be thecleanest gas utility inNorth America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030.Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly$6.5 billionto upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary ofSempra Energy (NYSE: SRE), an energy services holding company based inSan Diego. For more information visitsocalgas.com/newsroomor connect with SoCalGas onTwitter(@SoCalGas),Instagram(@SoCalGas) andFacebook.SOURCE Southern California Gas Company Related Links http://www.socalgas.com
SoCalGas Awarded Los Angeles Area Chamber of Commerce's Corporate Member of the Year Award highlights the company's partnership with the L.A. Area Chamber and its leadership on several key initiatives including the first-ever virtual job fair, the launch of ONE LA, and more.
KNOXVILLE, Tenn., June 12, 2020 /PRNewswire/ --Mountain Commerce Bancorp, Inc. (OCTQX: MCBI) announced today thatfor the second consecutive yearits subsidiary, Mountain Commerce Bank (MCB), earned a place among the top 200 publicly traded community banks in the United States as determined by American Banker magazine. The annual ranking is for community banks and thrifts with less than $2 billion in assets and was released with the magazine's May 2020 issue. The rankingbased on a three-year average of each bank's return on average equity (ROAE)placed MCB at #43, up from its 96th-place showing last year. The honor recognizes the local community bank as one of just a handful of Tennessee-based banks to make the grade and secures MCB the only spot of any in East Tennessee. "ROAE is a financial metric that quantifies profitability performance in relation to the average shareholders' equity," said William E. (Bill) Edwards III, the bank's president and chief executive officer. "It's a measure of a management team's ability to generate income from the equity available to it." Over the last three years, MCB's ROAE averaged 12.59%, a reflection of the bank's financial stability and strength, but also its wise business strategy. "It's truly an honor to be included again in American Banker magazine's annual listing," Edwards stated. "Moving up the ladder as we did is an indication that MCB's strategy of super-serving our clients is both sound and effective, and we aim to continue to do just that every day." About Mountain Commerce Bancorp, Inc. and its subsidiary Mountain Commerce Bank:Mountain Commerce Bancorp, Inc. is the holding company of Mountain Commerce Bank. The Company's shares of common stock trade on the OTCQX under the symbol "MCBI." Mountain Commerce Bank is state-chartered financial institution that traces its history over a century and is headquartered in Knoxville, Tennessee, serving East Tennessee through five branches located in Erwin, Johnson City, Knoxville, and Unicoi. The Bank focuses on relationship banking of small- and medium-sized businesses and high net-worth individuals who value the personal service and attention that only a community bank can offer.For further information, please visit us at www.mcb.com. As of March 31, 2020, MCB had $997.4 million in total assets and $94.4 million in total shareholders' equity. SOURCE Mountain Commerce Bancorp, Inc. Related Links http://www.mcb.com
Mountain Commerce Bank Lands At #43 On American Banker Magazine's Annual List Of Top 200 Publicly Traded Community Banks
MALVERN, Pa., Jan. 25, 2021 /PRNewswire/ --In response to the digital transformation accelerated by a global pandemic, the world's largest healthcare event and education company, HMP Global, today announced that its VRTX (vertex) virtual event platform, developed and used to produce more than 250 events online in 2020, is now commercially available for third-party use. (PRNewsfoto/HMP Global) VRTX leverages company's deep expertise in event management and production, educational strategy, and customer service Tweet this VRTX features an incredibly simple design and user interface; offers visibility, networking and engagement tools designed to make the virtual experience feel like in person; and delivers seamless integration of a range of other features, eliminating complexity and the need for technical savvy on the part of event managers, exhibitors, sponsors, and attendees. More importantly, VRTX elevates the virtual experience by emphasizing and integrating "intangibles" into the processdeep know-how, attention to detail and exceptional supporthoned from 30+ years of experience in event management and production, educational design and strategy, marketing, and customer service. The company delivers education to more than 1.1 million doctors, nurses and first responders around the world every year through its in-person meetings and digital channels. After building the platform in 2020, the company converted more than 250 events online, seeing attendance increase for many of its meetings as a result. The company aggregated and analyzed data to understand their audiences in greater depth and gathered input from exhibitors and sponsors to make ongoing refinements and introduce new features. VRTX was then released on a limited scale for use by a select group of pharmaceutical and medical device companies to host their own events. "VRTX is the inventive result of our team coming together to rethink the way we brought our communities together to learn, connect, and collaborate," said Jeff Hennessy, Chairman and CEO of HMP Global. "We live and breathe events that put the customer firsttheir virtual experience should not be an afterthought. We were committed to developing a customer-centric platform and process that mimics the live experience, making virtual feel like in person, and above all, making the attendee feel completely comfortable with an interface that they can easily navigate and get the most from the education and engagement. We believe we have built the leading virtual event platformand, combined with our consultative, thoughtful, and detailed approach to event design, production, and management, we are expertly positioned to continue to help our customers, clients, partners, and now other organizations elevate their virtual presence and deliver a high-quality, seamless experience to their audiences.This is only the start."For more information, visit vrtxvirtual.com. ABOUT HMP GLOBALHMP Global is the force behind Healthcare Made Practicaland is a multichannel leader in healthcare events and education, with a mission to improve patient care. The company produces accredited medical education eventsin person and onlineand clinically relevant, evidence-based content for the global healthcare community across a range of therapeutic areas. Its brands include Consultant360, the year-round, award-winning platform relied upon by primary care providers and other specialists; Psych Congress, the largest independent mental health meeting in the U.S.; EMS World Expo, the largest EMS-dedicated event in the world; and the Symposium on Advanced Wound Care (SAWC), the largest wound care meeting in the world. For more information, visit hmpglobal.com.SOURCE HMP Global Related Links http://www.hmpglobal.com
HMP Global Announces Rollout of VRTX, Elevating the Virtual Event Experience Virtual platform leverages company's deep expertise in event management and production, educational strategy, and customer service
NISEKO, Japan--(BUSINESS WIRE)--New World Hotels & Resorts has been appointed by Hong Kong SAR-based real estate and development firm La Plume Niseko Resort TMK to manage New World La Plume Niseko Resort, a new luxury resort in Japan set to open in 2023. Occupying nearly nine acres within the lush forest land between Mount Yotei and Mount Annupuri in Hokkaido, New World La Plume Niseko Resort will offer travellers unparalleled access to myriad outdoor experiences, including premier skiing and golf, as well as to renowned restaurants and shops in the nearby Niseko Village. This latest announcement from New World Hotels & Resorts highlights the brands ambitious yet thoughtful growth strategy in the Asia region. Designed to preserve and promote the local environment, the resorts architecture is being led by distinguished architect Kazuko Okuyama of Daiken Design Co. Okuyamas carefully conceived structural design scheme incorporates elements of the locales adventurous spirit and elegant panorama to seamlessly intermix with the surrounding mountain scenery. Of note, are Nisekos iconic white birch trees that are thoughtfully integrated into the exterior design, along with the buildings outer glass surface that brings the outside in, showcasing the everchanging light, weather and seasons. Complemented by interiors by Norihiko Shinya, of S.D.S International Co., the property presents a contemporary aesthetic to appropriately display the grand scale of the natural landscape. Upon completion, the resort will feature 219 guestrooms and 5 villas, simple and modern in style, each with a kitchen or kitchenette to offer a true sense of home. Select accommodations will also include private hot springs and fireplaces for a warm and relaxed indoor-outdoor experience. For those looking to occupy their own permanent space, the property will offer for-sale condos, as well as villas that are each independently built to provide a spacious retreat. Amenities will include two restaurants and bars comprised of a signature restaurant, all-day eatery and lobby lounge, each fusing exciting fare with stunning setting. The holistic dining experience will incorporate Japanese, Western and Chinese culinary styles, with dishes made with local ingredients from the region. The lobby lounge, just off the welcome foyer, will also offer an al fresco environment through its terrace, an ideal spot for nature lovers to embrace a little extra outdoor time while enjoying a selective collection of wines and spirits, handcrafted cocktails, and more. Japan has such a stunningly vibrant culture and has long been a destination of interest for New World Hotels & Resorts, especially in recent years as weve continued to grow the brand throughout Asia, said Sonia Cheng, chief executive officer of Rosewood Hotel Group. One of the top ski destinations in the world and largest in the continent, Niseko is cherished for its rich offerings, captivating landscape and plethora of activities. We are thrilled to bring a new standard of luxury and service to the region and thank our partners at La Plume Niseko Resort TMK for the opportunity theyve given us to do so. One of the resorts main attractions is found on the tenth floor, which will offer an outdoor deck boasting panoramic views of the landscape and complete with a pool, gym, indoor and outdoor Onsen facilities. The resort will also include a childrens club to entertain the little ones with fun and games, exclusive service and extra special care. With plenty to offer all four seasons in Niseko, the guests can enjoy a number of outdoor activities from snow attractions that include, skiing, snowboarding, snowmobiling and snowshoeing, to warm weather experiences including canoeing, rafting and fishing on the river or horseback riding, mountain biking, golfing and hot air ballooning. A coveted destination to many, especially those keen for winter experiences, Niseko has earned its reputation as a leading ski resort town, said Zhang XiaoJin, chairman of La Plume Niseko Resort TMK. As we bring in a new wave of travelers to this special destination, we could not think of a better partner than New World Hotels & Resorts. Together we look forward to introducing even more international explorers to this extraordinary place. New World La Plume Niseko Resort will join New Worlds collection of distinguished properties throughout Asia. Additional projects in development in the region include New World Jaipur Resort (India), New World Hoiana Hotel (Vietnam), New World Nha Trang Hotel (Vietnam) and New World Phu Ouoc Resort (Vietnam). About New World Hotels & Resorts New World Hotels & Resorts are deluxe business, MICE-focused hotels and resorts in convenient central locations in primary and secondary cities in China, major Asian gateways and popular vacation destinations. A total of nine New World Hotels & Resorts properties are located in Hong Kong SAR, Beijing, Dalian, Guiyang, Wuhan, Malaysia, the Philippines and Vietnam with an affiliated hotel in Shunde. Most are 350+ room hotels offering a full range of relevant amenities and services, including a variety of restaurants, business services, extensive meeting facilities, Residence Club executive floors and recreational options. For more information, please visitnewworldhotels.com About Rosewood Hotel Group Rosewood Hotel Group, a privately owned company, is one of the worlds leading global lifestyle and hospitality management groups. It encompasses five brands: ultra-luxury Rosewood Hotels & Resorts; upper-upscale New World Hotels & Resorts; KHOS, a lifestyle concept by Rosewood; Asaya, an integrated well-being concept; and Carlyle & Co., a modern and progressive private members clubs. Its combined hotel portfolio consists of 39 hotels in 19 countries with nearly 40 new properties currently under development. About La Plume Niseko Resort TMK La Plume Niseko Resort TMK, whose parent company is Sakura Capital International Holdings (HK) Limited, is a Hong Kong holding company specializing in international tourism real estate investment and development. Its shareholders behind the scenes have successfully developed a number of high-end property resort hotels and nearly one million square meters of tourism real estate projects.
New World La Plume Niseko Resort to Open In 2023 The launch will mark New Worlds first property in Japan as the brand continues to grow throughout Asia
PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power today announced updated evaluations for the technical feasibility and economics of producing hydrogen using heat and electricity from a NuScale Power Module (NPM) as a result of the recent announcement that an NPM can generate an additional 25 percent more power per module for a total of 250 MWt (or 77 MWe) per module. The hydrogen study was originally conducted in 2014 with the Idaho National Laboratory and has been updated with new production and economic parameters. The updated analysis found that with the 25 percent increase in power output of an NPM, one 250 MWt NuScale module is capable of producing 2,053 kg/hour of hydrogen, or nearly 50 metric tons per day, an increase from 1,667 kg/hour of hydrogen or 40 metric tons per day for a 200 MWt NuScale module. Moreover, as a result of the lower levelized cost of electricity from the increased power output, hydrogen produced by a NuScale high-temperature steam electrolysis (HTSE) system is forecasted to be cost competitive with high capacity factor renewable hydrogen cost estimates while also providing continuous, controlled hydrogen production. The ability of our NPM to now produce even more clean hydrogen, in a smaller footprint, is yet another example of how NuScales technology can help decarbonize various sectors of the economy while providing additional revenue streams for customers, said Dr. Jos Reyes, Chief Technology Officer and Co-founder of NuScale Power. Coupled with our proven design, unparalleled safety, and load following capabilities, this analysis further demonstrates that NuScales design is the gold standard in helping meet the demand for innovative solutions to challenging global energy needs. In the analysis, energy from a single NPM in the form of superheated steam and electricity are directly routed to a HTSE system operating at 850C. Only 2 percent of the electrical output (~1.8 MWe) of the NPM is used to increase the process steam temperature from 300C at the NPM outlet to 850C for the electrolyzer. NuScales innovative multi-module power plant design means that a NuScale plant could produce reliable clean electricity for the grid while allocating one or more modules to economically produce hydrogen when electricity demand is low. According to a recent report from LucidCatalyst, in order for the world to meet the Paris goals of keeping warming between 1.52C, sufficient, low-cost, clean hydrogen production is needed to replace oil and gas in shipping, aviation, and industry. Over 95% of the world's hydrogen is currently produced using fossil fuels, with the most common method being steam methane reforming from natural gas. Renewables cannot produce all of this hydrogen alone, and advanced modular reactors will be required to produce enough clean hydrogen to displace the 100 million barrels of oil that are currently consumed around the world each day. Using a single NPM to produce 50 tons of hydrogen per day would avoid about 460 tons of CO2 emissions per day, or 168,000 tons of CO2 per year, as compared to producing hydrogen from natural gas. Additionally, NuScales ability to produce clean hydrogen is perfectly suited to assist in decarbonizing transportation, since a single NPM can produce enough hydrogen to power 38,000 fuel cell vehicles or 1,500 long-haul fuel cell trucks at average annual fuel usage rates in the United States. About NuScale Power NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications. This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module capable of generating 77 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology. NuScale's scalable designa power plant can house up to four, six, or 12 individual power modulesoffers the benefits of carbon-free energy and reduces the financial commitments associated with gigawatt-sized nuclear facilities. The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 60-year history in commercial nuclear power. NuScale is headquartered in Portland, OR and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; Richland, WA; and London, UK. Follow us on Twitter: @NuScale_Power, Facebook: NuScale Power, LLC, LinkedIn: NuScale-Power, and Instagram: nuscale_power. Visit NuScales website.
NuScale Power Releases Updated Evaluation for 77 MWe Module Clean Hydrogen Production 25 percent increase in NuScale Power Module power output leads to boost in cost-competitive clean hydrogen production
NEW YORK--(BUSINESS WIRE)--Nickelodeon will premiere CG-animated series Deer Squad in the U.S. following a successful run overseas. The result of a partnership between iQIYI, an innovative market-leading online entertainment service in China, Nickelodeon International and VIS KIDS, a division of ViacomCBS International Studios, Deer Squad will premiere on Nickelodeon in the U.S. on Jan. 25, at 9 a.m. (ET/PT) in the preschool block. The series will continue to air regularly weekdays at 9 a.m. (ET/PT). The adventure-rescue show follows four, lovable, enthusiastic and heroic deer friendsKai, Lola, Bobbi and Rammywho protect the animals of Central Forest and the humans who inhabit Platinum City, a futuristic metropolis surrounding their woodland home. When there's trouble, the Deer summon their special Planet Powers of Water (Kai), Wood (Lola), Earth (Bobbi) and Sun (Rammy) to solve problems. We first partnered with iQIYI on the series with a worldwide audience in mind. Were incredibly proud to see this original preschool series become the first Nickelodeon International global Chinese-originated collaborative project, as we further our commitment to developing kids-first content from around the world, said Nina Hahn, Head of VIS KIDS and Senior Vice President of International Production & Development for Nickelodeon International. Deer Squad is a major breakthrough for iQIYIs development of original childrens animation, creatively supervised by Nickelodeon International. We appreciate Nickelodeons international broadcasting strategy on the show, and it is great news that we have achieved No.1 in viewership in many regions. We hope that there will be more Chinese original animations to go international, said Yang Xiaoxuan, Vice President of iQIYI and Head of Original Animation and Investment. Nickelodeon International aired Deer Squad across Asia in August 2020, including iQIYIs platform in China, and premiered in Australia, New Zealand and the UK later in the year. It was the #1 show in the Philippines among kids 2-141, ranked Nick Jr. as the #1 STV channel in Australia among kids 0-4 during Deer Squad premieres2 and averaged +148% in the UK compared to the timeslot benchmark3. The series is scheduled to air in Europe and Africa in March 2021. Deer Squad is currently in production for a second season. The show marks the first time for Nickelodeon Asia to partner on a Chinese original from its conception phase. About Nickelodeon International Nickelodeon, now in its 41st year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The brand includes television programming and production in the United States and around the world, plus consumer products, digital, location-based experiences, publishing and feature films. Nickelodeon is one of the most globally recognized and widely distributed multimedia entertainment brands for kids and family, available in nearly 400 million households across 170+ countries and territories, via more than 80+ locally programmed channels and branded blocks. Outside of the United States, Nickelodeon is part of ViacomCBS Networks International, a division of ViacomCBS Inc. (Nasdaq: VIACA, VIAC). For more information or artwork, visit http://www.nickpress.com. Nickelodeon and all related titles, characters and logos are trademarks of ViacomCBS Inc. About ViacomCBS International Studios (VIS) Introduced in 2018, ViacomCBS International Studios (VIS) is a division of ViacomCBS Networks International that produces content for ViacomCBS brands and platforms, including Paramount+, Nickelodeon, MTV, Comedy Central, Channel 5, Network 10, Telefe and Porta Dos Fundos, as well as for third parties. In 2020, VIS Kids launched to further the expansion of the studio's global kids content pipeline. The content that VIS produces covers all genres, from preschool to young adult and across live action and animation, as well as soap operas, dramas, short and long-form comedy formats and feature film productions. VIS global sales include original productions, co-productions, formats sold for local adaptations, and sale of ready-made content. About iQIYI iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI's platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce. 1 Kids 2-14s in the premiered weekdays (3rd Aug 14th Aug 2020, @1600-1629). Source: Kantar Media, TechEdge, Nickelodeon PHL, 0600-2159, Period Run 3rd Aug 14th Aug 2 Kids 0-4 in the premiered weekdays (12th October 23rd October 2020, @1630-1659). Source: Nielsen, TechEdge, Nick Jr AU, 0600-1959 3 Kids 4-15 in the premiered weekdays (1st October 16th October 2020, @0730-0759). Source: BARB, TechEdge, Nick Jr UK, Total Day
Deer Squad Goes Global on Nickelodeon Channels First Chinese-Originated Nickelodeon International and VIS KIDS collaboration with iQIYI to premiere on Nickelodeon in the U.S. on Jan. 25 Embed Trailer Download Images
DUBLIN--(BUSINESS WIRE)--The "Merchant POS/mPOS Software ISV List With Marketshare" report has been added to ResearchAndMarkets.com's offering. This product is a list of over 175 top POS ISVs (independent software vendors) in the North American POS and mPOS markets for merchants and retailers. It is inclusive of those that make their own POS equipment like NCR, Oracle, Oracle/MICROS, Fujitsu and others, as well as pure software players like Aptos, OneView Commerce, and others. This list also includes the mPOS players such as Square, Toast, Clover, etc. For each company, the analyst looks at their overall business, Total revenue, maintenance revenues, licenses outstanding, and Gross Payment Volume through their systems installed. The analyst looks at the data for Enterprise-level retailers by segment (retailers with 50 or more stores) and then SMB (below 50 stores) and this data is broken down by 13 different segments. This product is ideal for payment providers, POS companies, private equity companies looking for acquisition candidates. It provides market share by more than 30 different metrics. The format is in Excel and provides custom graphing opportunities. Highlights This includes a list of 175 POS and mPOS software providers. This includes OEM providers such as NCR, Oracle, Fujitsu and Diebold Nixdorf as well as companies that only do software such as Aptos, Epicore, Envista, etc. It includes both POS and mPOS vendors. Included in the data is the following: Revenue/Software Related Revenue - Worldwide Sales, North American Sales, North American POS Revenue, and North American mPOS Revenue Software Related Revenue Sales - On Prem, Software Maintenance, Software as a Service Enterprise vs SMB - Revenue in chains below 50 stores, Revenue in chains with more than 50 stores Total Software Related Revenue by Segment - See segments and examples below: Licenses Installed By Device Type - POS for SMB, POS for Enterprise, mPOS for SMB, mPOS for Enterprise Gross Payment Volume by Segments (listed above) and Total - This is the value of card payments by segment for each company - particularly valuable to payment providers. 27 charts already produced - include segment, POS or mPOS or Both, On-Prem or SaaS, SMB or Enterprise Create Custom Chart - this allows you to create your own charts. Companies Mentioned For more information about this report visit https://www.researchandmarkets.com/r/zelozt
North American Merchant POS/mPOS Software ISV List With Marketshare, 2020 - ResearchAndMarkets.com
NEW YORK, May 15, 2020 /PRNewswire/ -- Wilmington Trust, a leader in institutional trust services and the first financial institution to launch searchable tickers for collective investment trusts (CITs), recently hosted a webinar and launched a new whitepaper to highlight the advantages of CITs for advisors working with sponsors of defined benefit and defined contribution plans particularly 401(k) plans. The content, created in collaboration with MFS Investment Management and Retirement Law Group, also previews what to expect for the future of this retirement investment vehicle with more than $3 trillion in assets, according to Cerulli Associates. The webinar, held Monday, April 27, 2020, was attended by 264 advisors, consultants and plan sponsors, and coincided with the launch of a timely whitepaper on CITs titled, Collective Investment Trusts: An Important Piece in the Retirement-Planning Puzzle. The webinar and whitepaper detail how advisors can ask plan sponsors the right questions to ensure more effective strategic planning that includes access to these investment vehicles, which regularly offer lower costs and more flexibility than similar mutual funds and ETFs. The content also describes how the use of CITs can help shift the dialogue from passive to active management, which can help plan sponsors and participants achieve long-term retirement goals. The leaders of the webinar and authors of the whitepaper are Rob Barnett, head of retirement distribution, Wilmington Trust; Jessica Sclafani, director, retirement strategist, MFS Investment Management; Jason C. Roberts, CEO, Pension Resource Inst. and managing partner, Retirement Law Group. "It's critical for our industry to gain a better understanding of CITs and why they should receive strong consideration for any defined contribution plan," said Barnett. "We're proud to have created this webinar and issued this paper to help advisors and plan sponsors understand all of the investment vehicles available to them and help them make informed choices for their participants." As for the future of CITs, these three experts point out that more work needs to be done to raise awareness and increase adoption of CITs. This can be accomplished through continuing educational efforts, as well as technology investments to streamline CIT-related operations. Additionally, changes in federal law are necessary in order to increase access to CITs for 403(b) plans, which at $1.06 trillion in assets, represents the second-largest segment of the U.S. defined contribution market, according to the Investment Company Institute. "MFS has a long history of offering CITs and we understand how they can offer potential benefits to plan sponsors and their participants," said Sclafani. "Looking forward, we believe the DC industry will continue to see greater implementation of transparent investment vehicles both in terms of fees and reporting which we are committed to support. Furthermore, as an active manager we are focused on delivering our value, which is alpha, in the most efficient delivery mechanism possible. This includes CITs." "We are often asked by retirement plan advisors and consultants about the role they can play in helping their clients comply with applicable laws and regulations when selecting CITs for their plans," notes Roberts. "In both the webinar and whitepaper, we were able to answer many of those questions and point advisors and sponsors towards actionable steps they can take to facilitate prudent processes and decision-making." The webinar and whitepaper are the latest milestones in a program to underscore the potential benefits of CITs that began last year with the partnership between Wilmington Trust and the Nasdaq Fund Network (NFN), a global dissemination service whose mission is to bring greater retail investment transparency to the world's financial markets. Wilmington Trust collaborated with the NFN to provide searchable ticker symbols for more than 200 CITs for the first time, enabling stakeholders to more easily access information on these vehicles and addressing a lack of transparency. Advisors, broker-dealers and investors are able to access CIT price and performance information across a variety of market data platforms. Wilmington Trust is a leader in the CIT market with more than $50 billion in assets under administration across funds managed by more than 45 sub-advisors and available on more than 47 trading platforms as of March 31, 2020. As a fiduciary, Wilmington Trust collaborates with more than two dozen industry partners, including MFS Investment Management, to offer access to CITs. About Wilmington TrustWilmington Trust, N.A. provides corporate and institution services including institutional trustee, retirement plan, agency, asset management, and administrative services for clients worldwide who use capital markets financing structures. Wilmington Trust provides directed trustee, custody, and fiduciary services for retirement plans, companies, foundations, organizations, and financial institutions. Wilmington Trust also provides Wealth Advisory services with a wide array of personal trust, financial planning, fiduciary, asset management, and family office solutions designed to help high-net-worth individuals and families grow, preserve and transfer wealth. Wilmington Trust maintains offices throughout the United States and internationally in London, Paris, Dublin, and Frankfurt. For more information, visit www.WilmingtonTrust.com. Disclosure: Collective Funds Wilmington Trust N.A. Collective Portfolios ("WTNA Portfolios") are trust company-sponsored collective portfolios; they are not mutual funds. The WTNA Portfolios and units therein are exempt from registration under the Securities Act of 1933, as amended, and the Investment Company Act of 1940. Investments in the WTNA Portfolios are not deposits or obligations of or guaranteed by Wilmington Trust, and are not insured by the FDIC, the Federal Reserve, or any other governmental agency. The Portfolios are commingled investment vehicles, and as such, the values of the underlying investments will rise and fall according to market activity; it is possible to lose money by investing in the Portfolios. Participation in Collective Investment Trust Funds is limited primarily to qualified defined contribution plans and certain state or local government plans. Collective Investment Trust Funds may also be suitable investments for participants seeking to construct a well-diversified retirement savings program. Investors should consider the investment objectives, risks, charges and expenses of any pooled investment company carefully before investing. Wilmington Trust Media Contact:Maya Dillon(212) 415-0557 [emailprotected] SOURCE Wilmington Trust Related Links https://www.wilmingtontrust.com
New Webinar and Whitepaper Highlight Key Benefits of Collective Investment Trusts for Retirement Plan Advisors New thought leadership content created by Wilmington Trust, MFS Investment Management and Retirement Law Group provides further education on this $3-trillion sector of the retirement industry
WASHINGTON, Oct. 22, 2020 /PRNewswire/ --The Semiconductor Industry Association (SIA) today announced Thomas L. Friedman, longtime foreign affairs columnist at The New York Timesand bestselling author ofThe World is Flat, will deliver the keynote address at the2020 SIA Leadership Forum & Award Celebration, a virtual event taking place on Thursday, Nov. 19 at 3 p.m. EST. Friedman will offer insights on navigating the rising geopolitical frictions between the U.S. and China the world's largest economies and the resulting pressures on the global economy as a whole and the semiconductor industry in particular. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. New York Times foreign affairs columnist and bestselling author Thomas L. Friedman "With decades of experience as a renowned journalist and author, Tom Friedman is a leading authority on the complex issues at the intersection of foreign policy and technology," said John Neuffer, SIA president and CEO. "The semiconductor industry is in the crosshairs of escalating U.S.-China trade tensions, with a barrage of tariffs and broad export controls on chip technology disrupting markets and global supply chains. Given Mr. Friedman's extensive knowledge and experience covering the global affairs and technology issues shaping our world, we look forward to his perspectives as keynote speaker on the road ahead for U.S.-China relations and navigating overall geopolitical turbulence." Winner of three Pulitzer Prizes, Friedman has covered themonumental stories from around the globe forThe New York Timessince 1981. Vanity Faircalled him "the country's best newspaper columnist." Ranked #2 onThe Wall Street Journal'slist of "influential business thinkers" and named to the 2011 Thinkers50 and the 2013 list ofForeign Policy's Top Global Thinkers, Friedman is considered one of "America's Best Leaders" byUS News & World Report. In his latestbestseller,Thank You for Being Late:An Optimist's Guide to Thriving in the Age of Accelerations,Friedman offers a blueprint for overcoming the stresses and challenges of a world being transformed by technology, globalization, and climate change. Friedman'sThe World is Flathas sold 4.5 million copiesand won the inauguralFinancial Timesand Goldman Sachs Business Book of the Year Award. Friedman'sHot, Flat and Crowded: Why We Need a Green Revolution and How It Can Renew America, was a #1 New York Times bestseller. His other bestsellers includeLongitudes and Attitudes: The World in the Age of Terrorism andThe Lexus and the Olive Tree, whichKirkusReviewscalled "simply the best book written on globalization."The 2020 SIA Leadership Forum & Award Celebration also will feature the presentation of the semiconductor industry's highest honor, the Robert N. Noyce Award, toDr. Lisa Su, president and CEO of AMD and accomplished leader in advancing semiconductor technology. The Noyce Award is named in honor of semiconductor industry pioneer Robert N. Noyce, co-founder of Fairchild Semiconductor and Intel.Media ContactDan RossoSemiconductor Industry Association240-305-4738[emailprotected]About SIAThe Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America's top export industries and a key driver of America's economic strength, national security, and global competitiveness. Semiconductors the tiny chips that enable modern technologies power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $193 billion in 2019. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more atwww.semiconductors.org.SOURCE Semiconductor Industry Association (SIA)
Tom Friedman to Deliver Keynote Address at 2020 SIA Leadership Forum & Award Celebration Friedman, longtime New York Times foreign affairs columnist and bestselling author, to offer perspectives on U.S.-China relations and impacts on semiconductor industry at Nov. 19 virtual event
CHICAGO, Nov. 5, 2020 /PRNewswire/ -- According to market research report on"Rail Asset Management Marketby Offering (Solutions (Condition Monitoring, Predictive Maintenance, Security, Asset Planning & Scheduling) and Services), Application (Rolling Stock and Infrastructure), Deployment Mode, and Region - Global Forecast to 2025",published by MarketsandMarkets,the Rail Asset Management Marketsize to grow from USD 9.4 billion in 2020 to USD 12.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.9% forecast period. Rail asset management solutions have spurred tremendous growth opportunities for technology vendors and various associated service providers. With the growing number of government initiatives toward the development of smart transportation, rail asset management vendors taking center stage, technology providers, and consultants have aggressively started simulating innovative solutions based on conceptual modules for the designing and development of rail infrastructure. Browseand in-depth TOC on"Rail Asset Management Market" 253 Tables 51 Figures 249 Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222416351Factors contributing to the high growth rate in these regions are the increasing need for efficient rail operations, rising PPP model and government initiatives, growing population and hyper-urbanization, and increasing congestion due to aging railway infrastructure. These factors are also expected to shape the future of the global Rail Asset Management Market. However, the market also faces several challenges, including the high initial cost of deployment and integration complexities with the legacy infrastructure. The solutions segment to hold a larger market size during the forecast period Based on offering, the solutions segment of the Rail Asset Management Market is projected to hold a larger market size during the forecast period. The solutions segment in the Rail Asset Management Market is further segmented into asset performance management, analytics, asset planning and scheduling, security, workforce management, network management, and others (incident management, warranty management, and material management). The incorporation of various asset management solutions for the railway industry enables rail organizations to improve the complete asset lifecycle of both rolling stock and rail infrastructure. By application, the infrastructure segment to record a higher growth rate during the forecast period Railway infrastructure includes various systems, such as earthworks, bridges, tunnels, steelwork, timber, and track systems that form the base upon which the railway runs. The asset management system can enhance the efficiency and safety of these systems. Asset management comprises all systems, procedures, and tools that maximize asset availability for a minimum whole-life cost and risk, some of the activities in infrastructure asset management include route plans that involve activities, resources, and timescales for interventions on the infrastructure, detailed plans to optimize the delivery of renewals maintenance, and enhancement. Many rail operators are investing significantly in the rail infrastructure. Get Special Pricing on Bundle Reports: https://www.marketsandmarkets.com/RequestBundleReport.asp?id=222416351Asia Pacific to record the highest growth during the forecast period The APAC Rail Asset Management Market is estimated to have strong growth in the future. The APAC region is witnessing high growth due to the increasing adoption of new technologies, the rising investments for digital transformation, and the growing GDP in APAC countries. A majority of potential economies in the region include Australia, Singapore, China, Korea, Hong Kong, and India, which are said to be rapidly investing in the rail technological transformation. Market Players Major vendors in the Rail Asset Management Market include Siemens (Germany), Hitachi (Japan), Alstom (France), IBM (US), Wabtec (US), SAP (Germany), Capgemini (France), Cisco (US), Huawei (China), Accenture (Ireland), Trimble (US), Bentley Systems (US), Atkins (UK), DXC Technology (US), Trapeze Group (Canada), WSP (Canada), Tego (US), KONUX (Germany), L&T Technology Services (India), Cyient (India), Assetic (Australia), Machines With Vision (UK), Uptake (US), Delphisonic (US), ZEDAS (Germany), and OXplus (Netherlands). Get 10% Customization on this Research Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=222416351 Browse Adjacent Markets:Digitalization and Internet of Things (IoT) Market ResearchReports & Consulting Related Reports: Smart Railways Marketby Solution (Rail Asset Management & Maintenance, Operation & Control, PIS, Communication & Networking, Security & Safety, and Rail Analytics) and Service (Professional and Managed), and Region - Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/smart-railways-market-960.html Railway Platform Security Marketby Sensors (Radar, Microwave, & Infrared), Video Surveillance Systems (Camera, Video Management & Video Analytics), Alarm Systems & PSDs, Services, Applications (Subway & Trains) and Region - Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/railway-platform-security-market-116139286.html About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. Aashish MehraMarketsandMarkets INC. 630 Dundee RoadSuite 430 Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected]Research Insight:https://www.marketsandmarkets.com/ResearchInsight/rail-asset-management-market.aspVisit Our Website: https://www.marketsandmarkets.com/Content Source: https://www.marketsandmarkets.com/PressReleases/rail-asset-management.asp SOURCE MarketsandMarkets
Rail Asset Management Market worth $12.6 billion by 2025 - Exclusive Report by MarketsandMarkets
WOONSOCKET, R.I., Dec. 21, 2020 /PRNewswire/ --CVS Health (NYSE: CVS) has formally launched its COVID-19 vaccination program for long-term care facilities, whose residents have been disproportionality impacted by the pandemic. CVS Pharmacy teams will administer the first dose of the Pfizer vaccine in facilities across 12 states this week, and the company expects to vaccinate up to four million residents and staff at over 40,000 long-term care facilities through the program. "Today's rollout is the culmination of months of internal planning and demonstrates how the private sector can use its expertise to help solve some of our most critical challenges," said Larry J. Merlo, President and Chief Executive Officer, CVS Health. "I'm grateful for the herculean efforts of everyone involved, including our health care professionals who will be deployed throughout the country to bring peace of mind to long-term care facility residents, staff, and their loved ones." CVS Pharmacy teams will make three visits to each long-term care facility to ensure residents and staff receive their initial shot and critical booster. The majority of residents and staff will be fully vaccinated three to four weeks after the first visit, depending on which vaccine they receive. CVS Health expects to complete its long-term care facility vaccination effort in approximately 12 weeks. CVS Health will administer COVID-19 vaccinations starting this week in the following states: Connecticut, Florida, Kentucky, Maine, Maryland, Nevada, New Hampshire, New York, Ohio, Oklahoma, Oregon, and Vermont. Vaccinations will begin in 36 more states, as well as the District of Columbia, on December 28. Puerto Rico will activate on January 4. The long-term care facility vaccination effort is a precursor to the eventual availability of COVID-19 vaccines at all CVS Pharmacy locations throughout the country subject to product availability and prioritization of populations, which will be determined by states. Vaccines in a retail setting will be offered on an appointment-only basis via CVS.com or through the CVS Pharmacy app, and there will be a dedicated 800 number for people without online access. CVS Pharmacy will have the capacity to administer 20 25 million shots per month. "Vaccinating one of our most vulnerable populations is the latest milestone in our multifaceted pandemic response, which includes testing more than 10 million people for the virus since March," stated Karen S. Lynch, currently Executive Vice President, CVS Health and President, Aetna, who will become the company's next President and CEO on February 1. "The eventual availability of COVID-19 vaccines in communities across the country will bring us one step closer to overcoming the most significant health challenge of our lifetime." Multimedia assets from a December 18 visit to a long-term care facility in Connecticut are available here, in addition to interviews with CVS Health executives. More information on steps CVS Health has taken to address the pandemic is available at the company's frequently updated COVID-19 resource center. About CVS HealthCVS Health is a different kind of health care company. We are a diversified health services company with nearly 300,000 employees united around a common purpose of helping people on their path to better health. In an increasingly connected and digital world, we are meeting people wherever they are and changing health care to meet their needs. Built on a foundation of unmatched community presence, our diversified model engages one in three Americans each year. From our innovative new services at HealthHUB locations, to transformative programs that help manage chronic conditions, we are making health care more accessible, more affordable and simply better. Learn more about how we're transforming health at www.cvshealth.com. Media contactT.J. Crawford212-457-0583[emailprotected] SOURCE CVS Health
CVS Health Begins Administering COVID-19 Vaccines in Long-Term Care Facilities Majority of facilities nationwide have selected CVS Pharmacy as vaccination provider
TEL AVIV, Israel, Oct. 20, 2020 /PRNewswire/ -- SecBI, a leading provider of Extended Detection and Response (XDR) solutions for Enterprises and MSSPs today launched a significant update to its acclaimed Universal XDR Platform. The release marks a new milestone in terms of innovation in vendor-agnostic XDR, which is essential for organizations that need to improve security, but want to leverage their already considerable investments in cybersecurity technology and avoid being locked in to a proprietary XDR solution from a single vendor. With this latest platform update, SecBI XDR makes it easier than ever to integrate and orchestrate siloed cybersecurity controls such as NTA, EPP/EDR, firewall, web security and email gateways. "The ability of XDR to integrate and scale with existing security tools is a critical business requirement for our enterprise and MSSP customers alike," explains Gilad Peleg, CEO SecBI. "The power and agility of SecBI Universal XDR Platform allows organizations to unify and amplify the value of their existing tools and playbooks, so security teams know exactly where to focus their efforts and spend less time correlating alerts and chasing false positives." Highlights The feature and functionality enhancements in SecBI Universal XDR Platform support: Expanded vendor integrations: with seamless support for the latest versions of PAN, Zscaler, Mimecast, Proofpoint, CrowdStrike, Cybereason and other best-of-breed cybersecurity tools. Visual playbook configurationsimplifies and accelerates development and deployment of existing and new playbooks for threat detection and response. Most SOAR platforms take 6-12 months to deploy and require a dedicated team to manage the playbooks afterwards. In contrast, SecBI Universal XDR Platform and playbooks only take days to deploy and configure. Multi-tenant managementallows SecBI MSSP and MDR partners to onboard new tenants automatically and securely manage them. The updated platform supports multi-tenancy management from the cloud, on-premise, and hybrid deployments. User defined detection and severity managementlets customers control the severity level of different threats, so SOC teams can focus on the cyber threats that matter most. As always, SecBI's unique Autonomous Investigation algorithm adds context and analysis to suspicious events aggregated from best-of-breed security controls, helping SecOps and SOC analysts stop the flood of non-correlated alerts, reduce the noise from false positives, and quickly identify staged, multi-vector attacks that would previously go undetected. To learn more about SecBI Universal XDR Platform, visit https://www.secbi.com/xdr/ SecBI is a leading provider of Universal XDR (Extended Detection and Response) solutions that allow organizations to transform traditionally siloed security functions in to a unified, automated, and highly successful detection and response operations system. By creating a vendor-agnostic XDR overlay, SecBI's Universal XDR Platform provides seamless and simple vendor agnostic product integration of already-deployed network, endpoint, and cloud security tools, enabling enterprises to extract greater value from existing security resources and to make their security operations more efficient and effective in protecting against sophisticated and stealthy cyber attacks. SecBI Universal XDR is used by finance, telecom, retail, and manufacturing enterprises worldwide. For more information, visit: http://www.secbi.com Media Contact:Doron DavidsonCMO, SecBI[emailprotected]+972-54-5620614 SOURCE SecBI Related Links http://www.secbi.com
SecBI Releases Major Enhancements to Universal XDR Platform USA - English USA - English Speeds accurate detection and remediation of sophisticated cyber threats by orchestrating the functionality of existing Enterprise and MSSP security tools
NEW YORK, March 19, 2020 /PRNewswire/ -- Responding to the unprecedented, sudden threat of COVID 19 to the health, happiness, and wellbeing of all humanity, as well as the worldwide quarantine, and disruption to the global economy across every sector, industry, and the everyday life of billions of people, the United Nations International Day Of Happiness (UNIDOHappiness) is launching the HAPPINESS FOR ALL, TOGETHER March 20, 2020 International Day of Happiness global campaign theme, to promote and advance worldwide solidarity and unity, in winning the global fight against COVID 19 coronavirus. The #HAPPINESSFORALLTOGETHER 2020 United Nations #InternationalDayOfHappiness campaign theme is a call on all 7.8 billion members of the global human family, and all 206 nations and territories of planet earth, to unite in solidarity, and steadfast resolve, in fighting back against the COVID 19 Coronavirus, by taking the #TenStepsToGlobalHappiness challenge to celebrate the 2020 #InternationalDayOfHappiness, and ultimately defeating the COVID 19 global pandemic, and threat to all life. "A pandemic drives home the essential interconnectedness of our human family. I'm deeply moved by the acts of kindness, generosity, and solidarity happening around the world in the face of COVID 19. We are in this together - and we will get through this together," said UN Secretary General Antonio Guterres ahead of this Friday's March 20, 2020 International Day of Happiness. "Global citizens, we are in this together. At this critical time, there is no greater case for collective action than our joint response to COVID 19. I join United Nations Secretary General Antonio Guterres in solidarity with all who are affected by COVID 19. We are in this together and we will get through this together," said Deputy Secretary General Amina J. Mohammed ahead of the 8th March 20, 2020, International Day Of Happiness. "The #HAPPINESSFORALLTOGETHER March 20, 2020 International Day Of Happiness campaign theme, and the Ten Steps To Global Happiness call to action, is our call for global unity and togetherness, the most critical ingredients in winning the fight of all humanity against this global outbreak and pandemic of COVID 19 coronavirus. As my grandad said famously, 'It always seems impossible until it's done.' Let us unite and work together to win this global fight, and to achieve the happiness, wellbeing, and freedom of all life on earth," said Ndaba Mandela, UNAIDS Global Ambassador, Co founder of the United Nations New World Order Project, and Chairman of the Mandela Institute for Humanity. "In 2012, all 193 UN member states united together in solidarity by voting unanimously to adopt UN resolution 66281: International Day Of Happiness, in support of UN resolution 65309: Happiness: Toward A Holistic Approach To Development. The COVID 19 coronavirus is a threat to all humanity, which requires the same unanimous, and collective global action of every individual, organization, and nation. This year's #TenStepsToGlobal Happiness challenge is a call upon our common humanity to unite and win against this global crisis, and, to get back on track to one day achieving the United Nations 2012 call for global happiness, wellbeing, and freedom of all life on earth," said Luis Gallardo, founder of Happytalism, the United Nations Gross Global Happiness Executive Education program at United Nations University for Peace based in Costa Rica, and the World Happiness Fest, a 7 day virtual event uniting 80 countries and thousands of experts and activists at the intersection of happiness, wellbeing, education, health, technology, politics, economic development, and social impact, among other fields and sectors. "The long term mission of the United Nations International Day of Happiness is the happiness, wellbeing, and freedom of all life on earth, achieved through advancing happiness as a human right, and happiness as a new holistic approach to economic development, as called for in UN resolutions 65309, 66281, and the first UN High Level Meeting on Happiness and Wellbeing, which called for the definition of a 'new economic paradigm' of Gross Global Happiness." "However, in just the last ten to twelve weeks, and at an accelerated pace in just the last ten days, during which the World Health Organization declared a global pandemic, entire industries and nations have shut down, global financial markets have decreased by 30-50%, the world of work and education have shifted from the office, and the classrooms, to the home, until further notice, with many billions of people around the world in quarantine, on lock down, and anxious about their own freedom, health, and wellbeing, and the uncertainty of whether they will have a job or not, and what is next." "As a result, we cannot ignore the ever growing COVID 19 threat, nor the confluence and convergence of massive global macro forces, crises, and systems, and just smile it away for happiness day. That is why for this year's 2020 International Day Of Happiness, we are launching the Happiness For All, Together 2020 campaign theme, as a call to all 7.8 billion members of the global human family for unity and solidarity, together in the great fight against COVID 19 coronavirus." "In just the last few weeks and days, our leadership team made the difficult decision to shift our messaging in the final days and hours, and to follow the lead of the United Nations, the World Health Organization, and others from government, private sector, and civil society, in declaring a global state of emergency, and deciding on this year's 2020 International Day Of Happiness campaign theme, Happiness for all Together." "Every step of this year's #TenStepsToGlobalHappiness challenge is dedicated to uniting humanity together, and summoning the collective resolve, and will necessary to fight and defeat this global pandemic, and so all of humanity and get back on our way to recovery, normalization, and advancing the happiness, wellbeing, and freedom of all life on earth, as called for by the United Nations in 2012." "Step 10 is a call on all people to use this time to ask the tough introspective questions about our economic system and approaches to life, with the hopes of one day building the more holistic, integrated, and predictive approach to our global economic system, to make sure this global pandemic and preventable sudden global crises, which randomly shut down all life, created massive, self-inflicted demand shocks to the global economy, and threaten all humanity, never ever happen again," - said Jayme Illien founder of Happyitalism, the United Nations International Day Of Happiness (UNIDOHappiness), and CEO of the United Nations New World Order project. "Finally, let us all start with step 5 by giving thanks and saying a prayer for the health care, grocery, pharmacy, transport, and delivery workers, among other unsung heroes, risking their lives on the front lines to keep combat the virus, to keep the store aisles full, to deliver the food. and keep the medical subscriptions flowing, among so much more behind the scenes work we do not even see, but from which we all benefit during this time of global crisis, unity, and solidarity, together. We, the people of earth, united we stand, divided we fall. We shall win," Illien added. Happy 2020 International Day of Happiness! The Ten Steps To Global Happiness Challenge is an annual tradition, with this year's steps focused on great global endeavor to #FlattenTheCurve and Defeat the COVID 19 virus and global pandemic. Please visit UNIDOHappiness.org for the full 10 steps to global happiness. Let's Stick Together Follow the WHO guidance and recommendations Virtually attend a World Happiness Event. The 7 day live streaming World Happiness Fest and the 2020 World Happiness Report released on March 20, 2020 are fantastic options. Do what makes you happy and stay social online Be Kind, Share, and say thank you to the Doctors, nurses, drivers, factory workers, teachers, and unsung heroes risking their lives on the frontlines of the fight against COVID 19, to defeat the virus and keep the shelves stocked and society moving forward. Stay Active and Mindful Stay Optimistic, Positive, and, Resilient Stay Informed About Facts, News, and Avoid Myths Enjoy Nature and the Environment Think about systemic change we can make so this never ever happens again. (such as Happytalism:) UNIDOHappiness is the official home and secretariat of the United Nations International Day of Happiness, and part of the UN New World Order Project. For more information on the Happiness For All Together global campaign theme, the Ten Steps to Global Happiness, and UNIDOHappiness, visit UNIDOHappiness.org For press inquiries contact: [emailprotected] [emailprotected] +1917-769-2966 SOURCE UNNWO
United Nations NWO (UNNWO) Launches COVID 19 Coronavirus Focused International Day of Happiness 2020 Campaign Theme HAPPINESS FOR ALL TOGETHER
PHILADELPHIA, April 8, 2021 /PRNewswire/ -- FMC Corporation (NYSE: FMC), a leading agricultural sciences company, obtained a new mode of action classification for its proprietary herbicide molecule, tetflupyrolimet. It is the first active ingredient in the Herbicide Resistance Action Committee (HRAC) and Weed Science Society of America (WSSA) Group 28 and the first new herbicide with a novel mode of action in the crop protection industry in over three decades. Studies show this new mode of action herbicide provides season-long control of important grass weeds in the rice market, as well as key hard-to-control broadleaf weeds and sedges. As disclosed at its November 2020 Investor Technology Update, FMC plans to start the registration process and expects to launch products containing tetflupyrolimet in the transplanted and direct-seeded rice markets in 2023. The use of tetflupyrolimet is being tested in other crops, including sugarcane, wheat, soybeans and corn. "In 2010, our research and development organization in Delaware made a strategic decision to focus on discovering new herbicide modes of actions," said Kathleen Shelton, FMC vice president and chief technology officer. "The organization believed that resistance to herbicides would present a significant challenge for growers in the coming years, and they endeavored to discover a novel mode of action. To achieve this, the research and development team screened over 60,000 compounds, synthesized 1,200 analogs and tested molecules in different crops and weeds around the world. We are proud of the accomplishments of our scientists who bring their passion and creativity for innovation to discover new modes of action, especially in the herbicide area." Weed resistance is an increasing challenge for growers around the world, who spend billions of dollars annually trying to control weeds. "It is hard to overstate the significance of the development of tetflupyrolimet, which represents an entirely new class of chemistry and a new mode of action," said Diane Allemang, FMC vice president and chief marketing officer."We will be able to provide growers with a critical new tool to rotate into their weed management program and achieve control they cannot achieve today.Additionally, due to its unique mode of action, tetflupyrolimet has no known cross-resistance." About FMC FMC Corporation, an agricultural sciences company, provides innovative solutions to growers around the world with a robust product portfolio fueled by a market-driven discovery and development pipeline in crop protection, plant health, and professional pest and turf management. This powerful combination of advanced technologies includes leading insect control products based on Rynaxypyr and Cyazypyr active ingredients; Authority, Boral, Centium, Commandand Gamitbranded herbicides; Talstarand Herobranded insecticides; and flutriafol-based fungicides. The FMC portfolio also includes biologicals such as Quartzo and Presence bionematicides. FMC Corporation employs approximately 6,400 employees around the globe. To learn more, please visit www.fmc.com. FMC, the FMC logo, Rynaxypyr, Cyazypyr, Authority, Boral, Centium, Command, Gamit, Talstar, Hero, Quartzo and Presence are trademarks of FMC Corporation or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions. Hero insecticide is a restricted use pesticide in the United States. The Company's investor relations website, located at https://investors.fmc.com, should be considered as a recognized channel of distribution, and the Company may periodically post important information to the website for investors, including information that the Company may wish to disclose publicly for purposes of complying with the federal securities laws.After April 27, 2021, this type of information will no longer be regularly provided by press release but will continue to be posted on the investor relations website. Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained herein, in FMC's other filings with the SEC, and in reports or letters to FMC stockholders. In some cases, FMC has identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases.Such forward-looking statements are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information.These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement.Currently, one of the most significant factors is the potential adverse effect of the current COVID-19 pandemic on the financial condition, results of operations, cash flows and performance of FMC, which is substantially influenced by the potential adverse effect of the pandemic on FMC's customers and suppliers and the global economy and financial markets. The extent to which COVID-19 impacts us will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact, and the direct and indirect economic effects of the pandemic and containment measures, among others.Additional factors include, among other things, the risk factors and other cautionary statements included within FMC's 2020 Form 10-K filed with the SEC as well as other SEC filings and public communications.Moreover, investors are cautioned to interpret many of these factors as being heightened as a result of the ongoing and numerous adverse impacts of the COVID-19 pandemic. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law. SOURCE FMC Corporation Related Links http://www.fmc.com
Novel herbicide tetflupyrolimet from FMC Corporation granted a new mode of action classification
DUBLIN--(BUSINESS WIRE)--The "Natural Fatty Acids - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 7th edition of this report. The 189-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. Global Natural Fatty Acids Market to Reach $17.9 Billion by 2027 Amid the COVID-19 crisis, the global market for Natural Fatty Acids estimated at US$13.7 Billion in the year 2020, is projected to reach a revised size of US$17.9 Billion by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027. Stearic Acid, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$6.5 Billion 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 Distilled Fatty Acid segment is readjusted to a revised 4.1% CAGR for the next 7-year period. The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 7.2% CAGR The Natural Fatty Acids market in the U.S. is estimated at US$3.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR. Fractionated Fatty Acids Segment to Record 2.9% CAGR In the global Fractionated Fatty Acids segment, USA, Canada, Japan, China and Europe will drive the 2.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2 Billion in the year 2020 will reach a projected size of US$2.4 Billion 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$2.5 Billion by the year 2027, while Latin America will expand at a 3.8% CAGR through the analysis period. 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 IV. COMPETITION Total Companies Profiled: 42 For more information about this report visit https://www.researchandmarkets.com/r/gp77au
Global Natural Fatty Acids Industry (2020 to 2027) - Key Market Trends & Drivers - ResearchAndMarkets.com
CLEVELAND, Jan. 13, 2021 /PRNewswire/ -- Evergreen Podcastshas agreed to assume an ownership position in Ars Longa Media, a fast-growing podcast network focused on creative productionsin medical education, psychology, mental health and healthcare. Ars Longa's podcasts will be the core content on Evergreen's new medical and wellness podcast channel. Evergreen will also host, distribute the Ars Longa podcasts, support operational functions and craft marketing and audience-building programs. Ars Longa Media, and its sistercompany InsideTheBoardslead the world in audio and podcast content serving medical students. Ars Longa's mediagarnered over 1,000,000 podcast downloads in 2020. The team at Ars Longa expect exponential growth in the downloads of its podcasts. "There's a lot of underappreciated creativity within the profession of medicine, which bridges the space between the humanities and science. Honestly, my wish for our group is to help restore the 'art'of medicine within the culture of healthcare," offered Patrick C. Beeman, Co-Founder & CEO of Ars Longa Media."The human element deserves primacy of place.Thankfully, I wasn't the only one with a similar vision." "This strategic partnership leverages the core strengths of both companies and should accelerate growth," said Ted O'Connell, Co-Founder of Ars Longa Media. "The Ars Longa partnership has been one of the great experiences for Evergreen," noted Michael DeAloia - Chief Executive Officer of Evergreen Podcasts."We cannot wait to work with Ars Longa to build one of the most provocative and profitable medical podcast networks globally." About Ars Longa Ars Longa Media, a Lorain, Ohio-based podcast network,grew out of the original podcast Patrick C. Beeman, MD, - InsideTheBoards - started as a passion project out of his bedroom. The aim of the podcast was to help medical students prepare for their licensing boards. Today the company produces 13 podcasts in the health, wellness and medical education genres. Ars Longa Media takes its names from a Latin phrase attributed to Hippocrates, "Ars Longa, Vita Brevis," translated as "art is long, life is short." "It refers to the art of medicine" notes Beeman,"but more broadly the idea is that creativity perdures despite the brevity of life." About Evergreen PodcastsEvergreen features a growing catalog of entertaining and informative podcasts, rooted in high creative values and production quality. We are a community where people think big, capturing the color and diversity of modern thinkers. From entrepreneurs and musicians to philosophers and artists, Evergreen is in the business of uniting audiences with boots-on-the-ground storytellers. Evergreen's talented creative team works with top brands and thought leaders to publish inspiring stories through branded content, original shows, and partner podcasts. Evergreen Podcasts was founded by Joan Dolan Andrews in January of 2017. During its first year of operation, Evergreen launched 4 podcasts with nearly 18,000 podcast downloads. The company now has 64 podcast programs and is on pace to deliver more than 4 million podcast downloads in 2020. Podcasts published by Evergreen include From First Lady to Jackie O., This American President, The Medal of Honor Podcast, Burn the Boats, The Chad & Cheese Podcast, Recruiting Future, Professional Book Nerds, Banking Transformed, Roots of American Music, Your Teen, Up2, and Novel Conversations. All podcasts produced and distributed by Evergreen Podcasts can be streamed globally on iTunes, Spotify, Pandora, and other major podcast platforms. Contact:David Allen Moss[emailprotected] Related Images evergreen-podcasts.png Evergreen Podcasts Evergreen Podcasts Logo Related Links http://www.evergreenpodcasts.com http://www.arslonga.media SOURCE Evergreen Podcasts
Evergreen Podcasts Takes Ownership Position in Ars Longa Media
SANTA CLARA, Calif., Jan. 14, 2021 /PRNewswire/ -- SML Genetree announced today that it has received Emergency Use Authorization (EUA) from the U.S. FDA for the use of its Ezplex SARS-CoV-2 G Kit, a molecular diagnostic test for the qualitative detection of RNA from SARS-CoV-2 from nasopharyngeal swabs, oropharyngeal swabs and sputum specimens as well as for use in pooled patient specimens containing up to 5 upper respiratory swab specimens. Specimens are to be collectedby a healthcare provider using individual vials containing transport media. Sample pooling is an important public health tool because it allows for more people to be tested quickly using fewer testing resources.Pooled testing is most efficient in areas with low prevalence, meaning most results are expected to be negative. "By providing a pooling protocol, we can assist laboratories in meeting the demand for accurate, high volume molecular test results," said SML Genetree's CEO, Mr. Jihoon Ahn. "We are excited to be able to offer the Ezplex test to the U.S. market." The Ezplex SARS-CoV-2 G Kit is designed to provide sensitive and accurate results by detecting two different regions of the SARS-CoV-2 virus: the RdRP and N genes. Results are available in approximately 2 hours post RNA extraction. The testis authorized for use in laboratories in the United States certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA), 42 U.S.C. 263a, to perform high complexity tests. For more information on the Ezplex CoV-2 G Assay, visit:www.smlgenetree.com. About SML Genetree SML Genetree is recognized as a leading developer of multiplex molecular technologies and multiplex clinical molecular diagnostics in South Korea. SML Genetree is an affiliate of Samkwang Medical Laboratories (SML), one of the largest diagnostic commercial labs in Korea since 1985. SML has continued to provide diagnostic results to customers across 3,000 government medical institutions in Korea, including the Military Manpower Administration (MMA), university hospitals, and local medical institutions. For more information, please visit www.smlgenetree.comor contact [emailprotected]. SOURCE SML Genetree Related Links https://www.smlgenetree.com
SML Genetree Receives FDA Emergency Use Authorization for Ezplex SARS-CoV-2 G Real-Time PCR Kit with Specimen Pooling Capability USA - English Polska - Polski - P Espaa - espaol Deutschland - Deutsch Slovensko - slovenina esko - etina
LONDON--(BUSINESS WIRE)--The rugged display market is expected to grow by USD 835.72 million, progressing at a CAGR of about 2% during the forecast period. Click & Get Free Sample Report in Minutes The reduced TCO is one of the major factors propelling market growth. However, factors such as the slow adoption of consumer-grade display devices in industrial applications might hamper growth. More details: https://www.technavio.com/report/rugged-display-market-industry-analysis Rugged Display Market: Ruggedness Landscape Based on the ruggedness, the extremely rugged display segment led the market in 2019. This is due to the increased adoption of extremely rugged displays in military applications. The market growth in the segment will be significant during the forecast period. Rugged Display Market: Geographic Landscape By geography, North America is going to have a lucrative growth during the forecast period. About 41% of the markets overall growth is expected to originate from North America. The US and Canada are the key markets for rugged display in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Global Rugged Devices Market - Global rugged devices market is segmented by end-user (industrial, military and defense, commercial, and government), product (rugged mobile computers, rugged tablets/notebooks, rugged scanners, and rugged air quality monitors), type (semi-rugged, fully-rugged, and ultra-rugged), and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report Global Rugged Handheld Devices Market - Global rugged handheld devices market is segmented by type (semi-rugged, fully-rugged, and ultra-rugged), end-user (industrial, commercial, military, and government), product (rugged mobile computers and rugged tablets), and geographic landscape (North America, APAC, Europe, South America, and MEA). Click Here to Get an Exclusive Free Sample Report Companies Covered: What our reports offer: Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Application Market Segmentation by Ruggedness Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Global Rugged Display Market to Have Neutral Impact Due to COVID-19 Spread | Key Driver, Trend, and Market Forecast | Technavio
NEW YORK, April 8, 2020 /PRNewswire/ -- The Coronavirus pandemic has heavily impacted many industries and practices. Search marketing is no exception. Fortunately, ContentWriters is offering valuable insight and actionable advice here about search marketing based on their expertise and honed through many years of experience. Google processes nearly four billion searches per day. This means search marketing is one of the most powerful forces in digital marketing. Home-Based Engagement Will Skyrocket Home-based engagement will continue to rise throughout the pandemic as social distancing and stay-at-home orders become commonplace. The majority of consumers will shop online for all of the items they need during this time period. They will also access forms of entertainment online. Companies should respond to this surge in home-based engagement by taking the following measures: Acknowledge Coronavirus-related concerns and explain how it is affecting business operations Respond to customer concerns; social media is an excellent platform to use for this purpose Maintain optimal customer support through tools such as chatbox software or online chat features If possible, give customers a form of entertainment they can do while at home Avoiding Certain Trends Is Imperative There are also some behaviors and actions businesses should steer clear of at this time. This includes avoiding certain trends that capitalize on customers acting irresponsibly. For example, initially, there was an uptick in millennials taking advantage of slashed flight and hospitality prices. However, marketing-savvy airlines and online travel booking websites wisely did not encourage their decisions. In fact, businesses in the travel industry will need to shift their marketing focus from profitable ventures to social responsibility and customer service. Princess Cruises is responding to the hit on its image by offering out-of-commission ships for use as medical facilities. American Airlines is leveraging its Facebook page to spotlight positive customer comments and post messages from its top executives about Coronavirus-related concerns. Conferences Will Get Canceled or Become Virtual Attending conferences is a major part of working in marketing, especially search engine marketing. Realistically, marketers can expect conferences scheduled in the first part of 2020 to get canceled due to safety concerns. Fortunately, some of these events may still be held virtually with information presented remotely. For example, Google canceled the in-person version of its Cloud Next 2020 conference in San Francisco, but announced plans to stream the event online. Product Distribution and Promotion Will Prove Challenging Amazon, a retail giant, threw a wrench in the works when it stopped accepting products other than medical supplies and household staples in March 2020. This development presents a search marketing problem because companies with products that are not available for easy distribution will not be able to promote them online. While some businesses may be able to find alternate distribution channels, many online-based businesses lacking on-site storage options will be forced to stretch their budget or redefine their entire business model. SEO Consultants Will Need to Change Their Approach Businesses affected by the Coronavirus may not view SEO, paid advertising and other search marketing techniques as essential. As a result, SEO consultants and digital marketing firms will need to find respectful and practical ways to retain existing clients and win new clients. Part of achieving this objective is retooling their content to highlight the value of search and SEO marketing for convincing a wary and financially reeling public to frequent their business again. Companies Will Need to Exercise Caution Using Popular Search Terms Terms such as "Coronavirus" and "COVID-19" have come to dominate search engine results in recent weeks. While it is perfectly reasonable for businesses to tap into their popularity, they must do so in a respectful and relevant way. Failing to use these terms appropriately could cause some consumers to view a company in a negative light - not to mention set off Google's spam alarms. Customer Relationships and Community Outreach Will Rule This is the perfect time for companies to solidify their brand's reputation and clarify their messaging with search marketing content. Businesses can leverage tools such as Answer the Public to see the topics people are talking about in real-time related to certain products, services, businesses, locations or industries. They can then work these topics into new content. One of the few advantages the Coronavirus pandemic offers is the ability for brands to improve or maintain their online reputation with acts of kindness they can be referenced in online content. For example, Starbucks is giving first responders free cups of coffee nationwide. OYO Hotels & Homes and other hotel chains are offering free stays to doctors. Some McDonald's franchisees are stepping up by giving first responders and doctors free meals. These examples are just a few that illustrate how businesses with the resources to do so can earn some beneficial social/online goodwill during a time of crisis and uncertainty. Ultimately, every business should be prepared to step up in terms of content. "Compelling, high-quality, audience-focused content is more important than ever right now. This entails everything from getting creative with virtual offerings to simply letting customers know they are there for them during this uncertain time," ContentWriters CEO Emily O'Connor said. About ContentWriters ContentWriters empowers businesses to fulfill their content marketing objectives through its rigorous selection process, which provides customers an opportunity to choose their ideal content creator from a carefully curated list of highly skilled, highly talented writers. Writers are selected that have a proven track record of successfully creating effective content for clients that not only showcases insider expertise, but also embodies that company's tone and accurately captures their brand voice. Learn more at contentwriters.com. Media Contact Francesco MontesantoDirector of Marketing, ContentWriters646-828-8440[emailprotected] SOURCE ContentWriters Related Links http://contentwriters.com
ContentWriters: This is What Companies Need to Know About Search Marketing During the Coronavirus Pandemic
CALABASAS, Calif.--(BUSINESS WIRE)--Resonate Blends, Inc. (OTCQB:KOAN), a cannabis-based holding company (Resonate or the Company), today provides an update to shareholders on several topics relating to the launch of its first value-added Cannabis Brand with the industrys first line of THC-based Koan Cordials. Dear Shareholders, We are pleased to announce we have begun the process of executing on the launch of our innovative Koan Cordials (www.koan.life), which will ship in first quarter of next year. KOAN is the brand name for our first family of cannabis products targeting the Wellness Lifestyle market. Our tagline is Mastering the Art of Experience, which is our goal across our entire line of products starting with our first 6 cannabis experience-based Cordial products. Cordials are uniquely formulated, single serving precisely targeted experiences that are directly ingested or mixed with a drink of your choice for use in social or private settings. We were always looking for a product like this, and we could never find it - so we made it. Everything from ordering inventory, opening up distribution channels and final preparation for our marketing efforts are now underway. We believe value-added brands focused on experience targets represent the greatest market opportunity in the maturing cannabis market. Our mission is to demystify and normalize cannabis use through innovative products built around the healing powers of plant medicine. Cordials are the first in a family of products designed around our unique Resonate System---the heart of our product development process. We are in early discussions to license our products in two other cannabis friendly states, and we hope to have further updates on this new potential revenue stream once we launch our Cordials in California. The Companys 506(c) Offering The early success of our 506(c) offering has provided sufficient capital for our launch. We will continue to raise capital through our placement agent and plan to use additional offering proceeds to improve our balance sheet and provide growth capital. Highlights Since our Last Update: As always, we are grateful for our shareholders support and patience as we continue the process toward focusing our operations on revenue generation. We expect to be in contact shortly to provide further updates and insight into our operational progress. Stay safe, stay healthy. Geoff Selzer Chairman & CEO Resonate Blends This press release is not intended to and does not constitute an offer to sell nor a solicitation for an offer to purchase any securities of the company. Past performance is not indicative of future results. Investments may be speculative, illiquid and there is a risk of total loss. There is no guarantee that any specific outcome will be achieved. About Resonate Blends, Inc. (OTCQB:KOAN) Based in Calabasas, California, Resonate Blends, Inc. is a cannabis holding company centered on valued-added holistic Wellness and Lifestyle brands. The company strategy is to ignite future growth by building a purpose-driven portfolio of research organizations, innovative and emerging brands, and retail channels. The holding companys focus is finding mutual value between product and consumer by optimizing quality, supply chain resources and financial performance. The Company offers a family of premium cannabis-based products of consistent quality based on unique formations calibrated to Resonate Blends effects system, the industry gold standard in user experience. For more information: www.resonateblends.com Safe Harbor Provision: This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as may, should, expects, anticipates, contemplates, estimates, believes, plans, projected, predicts, potential, or hopes or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur. Potential risks and uncertainties include, but are not limited to, the risks described in Resonate Blends filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.
Resonate Blends, Inc. Announces Q1 Launch For Its KOAN Cordials Product Line The Company Adds Top California Cannabis Strategist Gaynell Rogers to Advisory Board
BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings VI, Inc. (the Company), a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol GHVIU beginning December 11, 2020. Each unit consists of one share of the Companys Class A common stock and one-fifth of one warrant. Each whole warrant entitles the holder thereof to purchase one share of the Companys Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the Nasdaq Capital Market under the symbols GHVI and GHVIW, respectively. Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Deutsche Bank Securities Inc., Attn: Prospectus Department, 60 Wall Street, New York, New York 10005, telephone: 800-503-4611 or email: prospectus.cpdg@db.com and Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick, 2nd Floor, New York, New York 10014, telephone: 866-718-1649 or email: prospectus@morganstanley.com. A registration statement relating to the securities has been declared effective by the Securities and Exchange Commission (SEC) on December 10, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and preliminary prospectus for the Companys offering filed with the SEC. Copies are available on the SECs website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Gores Holdings VI, Inc. Announces Pricing of $300 Million Initial Public Offering
VAN NUYS, Calif., May 6, 2020 /PRNewswire/ --CannaSafe, California's leading ISO accredited cannabis testing laboratory, announced today that Aaron Riley, the company's former president, has been appointed as the company's new CEO. The news follows a successful and mutually agreed upon buyout of the company's previous business partners. As president, Aaron has grown CannaSafe from a three-person lab with a 100-square-foot facility to over 150 employees and a 12,500 square foot lab in LA, with a new 25,000 sq ft headquarters. CannaSafe was the first ISO accredited lab in cannabis and currently tests 30% of the total California cannabis market. In addition to the company's leadership change, new testing labs in Oregon, Florida and Illinois were also announced and are expected to be operational in Q2/Q3. With cannabis deemed essential and increased demand for cannabis during the COVID-19 pandemic, CannaSafe will utilize the additional laboratories to ensure consumer safety under the continuation of the cannabis supply chain. "I am thrilled to reach an outcome that is favorable for all parties and want to thank my former business partners. We're proud of our accomplishments thus far and I look forward to continuing to lead further growth and to navigate this pandemic safely, together as a team," said Aaron Riley, CEO of CannaSafe. "Our continued services amid the COVID-19 pandemic is a prime example of our new mission and core values. With these additional locations we are diligently following our pursuit of safe cannabis and hemp for all and working towards our goal of being an upstanding member of the community. These are extremely tough times for society and we at CannaSafe are committed to supporting the cannabis supply chain and providing safe and high-quality products to cannabis users." CannaSafe's new testing locations will bring high-quality, comprehensive testing services to the hundreds of brands growing in Oregon, Florida and Illinois, ensuring their products are compliant with their state regulations. Since it is federally illegal to ship products containing THC across state lines, CannaSafe's California lab has been unable to accept out-of-state business, despite demand. The expansion will open up access to companies outside of California, with current clients having expressed strong interest in partnering with CannaSafe in their new locations. "Over the past few years, we've established CannaSafe as a rigorous and trusted lab partner," said Aaron Riley. "We've had numerous inquiries from brands in these states to utilize CannaSafe's services, and we're excited to provide our expertise and best-in-class services in these new markets. Furthermore, cannabis testing is more important now than ever during these unprecedented times considering the steep spike in cannabis sales. By opening additional laboratories, we are doing our best to persevere despite the circumstances and bring assurance to users." CannaSafe has also moved into a new headquarters facility to accommodate the industry growth and demand. At 25,000 feet, the new headquarters is twice the size of their current facility and will be used to command and manage company-wide operations of CannaSafe's quickly expanding lab network. This new location will house corporate staff as well as a state-of-the-art R&D facility geared at opportunities to make groundbreaking discoveries in Cannabis and Hemp. CannaSafe has a 3-year audited revenue growth of over 12,000% - meaning that it matches its 2017 yearly revenue in a matter of a few days. CannaSafe's laboratory testing services are utilized by the most recognized and trusted California cannabis and hemp brands like Dosist, Raw Garden, Stiiizy, Lowell Herb Co and Heavy Hitters. About CannaSafeCannaSafe Analytics is committed to defining consumer safety and quality assurance standards for the cannabis industry. They are a full-service testing laboratory offering a one-stop solution where cannabis cultivators and distributors can ensure that they are in full compliance with all regulatory requirements and that their products are effective and safe for use. CannaSafe Analytics is proud to be the first accredited cannabis testing lab in the world. Over the years, they have been continuously setting the standard for cannabis testing through the utilization of state of the art technology, cutting-edge scientific methods, and expert staff. To learn more about CannaSafe, visit https://www.csalabs.com/. ContactRenee Costis845-820-3814[emailprotected] SOURCE CannaSafe Related Links http://www.csalabs.com
CannaSafe Appoints Aaron Riley as CEO & Announces Expansion The Company is expanding with new laboratory locations in Oregon, Florida and Illinois.
CLARK, N.J., Nov. 9, 2020 /PRNewswire/ --GEP, a leading provider of supply chain software and services to Fortune 500 and Global 2000 enterprises worldwide, announced that it has won the world's most prestigious award for procurement software: Best Procurement Technology Award, at the 14thAnnual World Procurement Awards in London. This is the second year in a row that GEP's cloud-native, AI-powered unified source-to-pay solution has taken the industry's top honors for procurement software, establishing GEP SMART as the gold standard for global organizations transforming procurement and supply chain operations. Explaining why GEP SMART won for the second straight year, Procurement Leaders' distinguished panel of judges stated: "In short, GEP SMART is a one-stop technology platform that is changing the way many procurement organizations operate. GEP SMART is used by some of the biggest firms in the world, with the product unifying all procurement activities, eliminating duplication, maximizing visibility and optimizing results." "We introduced GEP SMART to upend the status quo, which was led by bureaucratic legacy providers that required staggering, multi-year investments, trapping frustrated companies in failed deployments in perpetuity," said Al Girardi, GEP's chief marketing officer. "Our customers are among the very best performance- and result-driven enterprises in the world, and they choose GEP SMART because they seek a marked leap in digital innovation, impact and value. Today, GEP SMART is used in 120 countries and sets the standard, transforming how the world's leading companies create greater value from their direct and indirect spend." "We're even more excited about the future of GEP SMART. We're continuing to invest heavily in artificial intelligence, big data analytics, IoT and advanced process automation to enable global companies to navigate global supply chain disruptions, and mitigate supplier risk to dramatically improve their financial results," added Girardi. Not only did the judges give GEP SMART the highest score in the Technology category, they also ranked it among the highest in the entire Procurement Leaders Award program. The judges specifically stated that GEP SMART: Is the state-of-the-art leader with strong plans in place to remain ahead of the rest, especially with its rapid improvements in AI and big data analytics Is an excellent, innovative platform with predictive purchasing Releases businesses' core procurement function to focus on strategy and emerging issues Demonstrates the use of new technologies and transformative procurement approaches Provides good evidence from world-class companies about how it transformed their lives and brought in multi-fold advantages with a vast range of tools in direct and indirect procurement To learn more about why GEP won, visithttps://www.gep.com/software/gep-smart. The World Procurement Awards, hosted by Procurement Leaders in London, is an annual event that brings together more than 1,000 senior procurement executives from across the world to mark and celebrate excellence in procurement. GEP, which provides strategic consulting and managed services in addition to transformative procurement and supply chain solutions, was also named a finalist in Best Procurement Consultancy. In addition to winning the 2019 Best Procurement Technology Award, GEP was also named Best P2P Specialist Provider at the World Procurement Awards in 2018. This award comes on the heels of GEP SMART being recognized as a Leader in the Gartner Magic Quadrant for Procure-to-Pay Suites. GEP is frequently recognized by top industry leaders and analysts for its cloud-native procurement and supply chain software, including, most recently, as a Leader in the Spend Matters SolutionMap Rankings across the entire Source-to-Pay domain. GEP has also been ranked a Leader in the Gartner Magic Quadrantfor Strategic Sourcing Application Suites, IDC MarketScape report for Cloud Procurement Software, and the Forrester Wavereport for eProcurement Software. GEP has also received top honors from Ardent Partners, PayStream, and Quadrant Solutions. ABOUT GEP SOFTWARE GEP SOFTWARE provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity. GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology. GEP's software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty. GEP's cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Forrester, IDC, Procurement Leaders, and Spend Matters. GEP SOFTWARE is part of Clark, NJ-based GEP the world's leading provider of procurement and supply chain strategy, software and managed services. To learn more, visit www.gepsoftware.com Media Contact Derek CreeveyDirector, Media & Public RelationsGEPPhone: +1 732-382-6565Email:[emailprotected] SOURCE GEP Related Links http://www.gep.com
GEP SMART Wins Best Procurement Software Award At World Procurement Awards, For Second Year In A Row, Cementing Industry Leadership
NEW YORK, April 15, 2021 /PRNewswire/ --The American Arbitration Association-International Centre for Dispute Resolution Foundation (AAA-ICDR Foundation) has awarded $655,732 in funding to support programs addressing COVID-19 and racial injustice. The Foundation's 2021 grant cycle focused on initiatives seeking to: Make alternative dispute resolution (ADR) processes more accessible and generally available, or utilize them to improve traditional options for resolving disputes in the U.S. justice system in the wake of COVID-19. Create innovative and additional ways to engage citizens in meaningful dialogue with one another and/or with government authorities, including the police, to address longstanding racial discrimination in the U.S., such as differences in the use of force in interactions with people in communities on the basis of race. The Foundation's 2021 grant cycle featured a new opportunity to award grants of up to $250,000 each to programs addressing responses to the above. For more information about the 2021 grant cycle, please visit https://www.aaaicdrfoundation.org/grants. "During this crisis, professionals in the field of conflict resolution can play a vital role in helping all communities across the country by expanding access to ADR processes and services," said James R. Jenkins, Chair of the AAA-ICDR Foundation. "We are proud to support initiatives at a time when they can do the most good through projects that serve those most harmed by the pandemic, or that promote community engagement, dialogue and resolution of historical differences in the administration of Justice in the USA on the basis of race." The Foundation awarded grants to the following initiatives: Resolution Systems Institute's Holistic Online Program for Evictions (HOPE) Mediation Program: The Foundation has given $156,000 to the HOPE Mediation Program, designed to prepare self-represented tenants for mediation by giving them an overview of the court process, and educating them on what they can expect and what resources are available. Tenants fighting eviction will receive assistance from Resolution Systems Institute's Eviction Program Coordinator via Zoom or phone to be directed to proper resources. Legal aid and financial counseling partners also meet with tenants digitally prior to mediation, and the program will administer online mediation between tenants and landlords. The Foundation's grant money will be used in part to develop guidance about eviction mediation, including a robust evaluation of the program's first year, to more jurisdictions that can use the HOPE Mediation Program as a template. Arizona State University Foundation's Sentinel Event Review of Police Use of Force & Vulnerable Populations: The AAA-ICDR Foundation has granted $250,000 to the Arizona State University Foundation to convene a conference for law enforcement agencies and state policymakers to explain how Sentinel Event Reviews (SERs) would benefit their agencies and the criminal justice system as a whole. Once law enforcement agencies are on board, up to four incidents of police use of excessive force will be selected for the review process, with each SER resulting in its own final report detailing findings and recommendations for systemic improvements. The reports will then be shared with the agencies involved in the reviewed incidents and the public at largeand restorative justice sessions will be held for those involved in each incident, based on volunteer participation. Ultimately, the goal is to be able to propose legislation for SERs to review police uses of force. The RAND Corporation's Creating Dialogue via a Tabletop Exercise to Improve Community-Police Relations: The Foundation has awarded $249,732 to this project facilitating a tabletop exercise testing police and community emergency responses in three communities. After-action and evaluation reports will be distributed in every community, and research briefs based on the final reports will be used to recommend improvements as needed. The project will also create and disseminate an online toolkit hosted on a RAND Corporation webpage to support other communities wishing to facilitate these tabletop exercises. The AAA-ICDR Foundation has awarded more than $2.8 million since its inception in 2015. To learn more about the Foundation's mission to fund high-quality, innovative programs which advance arbitration, mediation, and other ADR processes, visit https://www.aaaicdrfoundation.org/about-us. About the AAA-ICDR Foundation The American Arbitration Association-International Centre for Dispute Resolution Foundation (AAA-ICDR Foundation) is a 501(c)(3) not-for-profit organization that is able to solicit donations and provide grants to fund a range of worthy causes that promote the Foundation's wide-reaching mission, which is to support the use and improvement of dispute resolution processes in the United States and internationally. Its focus includes fostering measures that reduce potential escalation, manage and resolve conflicts; increasing access to justice in and through alternative dispute resolution; and encouraging collaborative processes to resolve public conflicts. The Foundation is a separate 501(c) (3) not-for-profit organization from the AAA, and the Foundation is not involved in any way in the oversight, administration or decision making of the AAA-ICDR cases or in the maintenance of the AAA-ICDR's various rosters of arbitrators and mediators. For more information on the AAA-ICDR Foundation, please visit: www.aaaicdrfoundation.org. Media Contacts: Michael C. Clark Laura Simpson American Arbitration Association JConnelly +1.212.716.3978 +1.973.713.8834 [emailprotected] [emailprotected] SOURCE AAA-ICDR Foundation
AAA-ICDR Foundation Responds to Need for Conflict Resolution Amid COVID-19 Pandemic & Racial Injustice Foundation Awards Over $655,700 in 2021 Grant Cycle
HONOLULU, Nov. 2, 2020 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $70.9 million, or $1.63 per diluted share, for the quarter ended September 30, 2020. Net income for the quarter ended September 30, 2019 was $36.2 million, or $0.84 per diluted share. Consolidated revenue for the third quarter 2020 was $645.2 million compared with $572.1 million for the third quarter 2019. For the nine months ended September 30, 2020, Matson reported net income of $107.5 million, or $2.48 per diluted share compared with $67.1 million, or $1.55 per diluted share in 2019. Consolidated revenue for the nine month period ended September 30, 2020 was $1,683.2 million, compared with $1,662.4 million in 2019. "Matson's businesses continued to perform well in the third quarter despite the ongoing challenges from the COVID-19 pandemic and related economic effects," said Chairman and Chief Executive Officer Matt Cox. "Our China service, consisting of the CLX and CLX+ services, was the primary driver of the increase in consolidated operating income year-over-year as a result of strong demand for our expedited ocean services and ongoing challenges in the transpacific air freight markets. I am confident that we can make the CLX+ a permanent service because of Matson's fifteen-year track record of operating our industry leading expedited CLX service in the transpacific tradelane, the introduction of our new Alaska-to-Asia Express (AAX) service for Alaska seafood exports to Asia as part of the CLX+ westbound return trip to China, and the likelihood of continued favorable transpacific tradelane supply and demand dynamics going forward." Mr. Cox added, "In our other core tradelanes, we saw an improvement in freight volume in each of the tradelanes from the levels achieved in the second quarter during the height of the COVID-19 pandemic as freight demand improved with the reopening of local economies. Hawaii volume approached the level achieved in the prior year quarter, although continued restrictions on tourism and a second shelter-in-place order in the latter half of the third quarter weighed on freight demand. In Alaska and Guam, we saw modestly higher year-over-year volume growth. Logistics operating income increased year-over-year as the continued reopening of the U.S. economy led to improved performance in all of the business lines. We also continued to achieve cost benefits from our previously-announced cost management initiatives. For the fourth quarter of 2020, we expect our businesses to continue to perform well and to generate strong financial results." Third Quarter 2020 Discussion and Update on Business Conditions Ocean Transportation: The Company's container volume in the Hawaii service in the third quarter 2020 was 0.8percent lower year-over-year primarily due to lower volume from the state's COVID-19 mitigation efforts including restrictions on tourism and a second shelter-in-place order that took effect in August. The State of Hawaii recently eased visitor travel restrictions to the islands, but the levels of tourism are expected to remain low in the near-term and to have a meaningfully negative impact on Hawaii's economy. In China, the Company's container volume in the third quarter 2020 was 124.7 percent higher year-over-year primarily due to volume from the CLX+ service in addition to higher volume on the CLX service as a result of increased capacity in the tradelane. Matson continued to realize a rate premium in the third quarter 2020 and achieved average freight rates that were higher than in the year ago period. The Company expects increased consumption of e-commerce and other commodities along with potential further disruption in air cargo markets to continue to provide opportunities for its CLX and CLX+ expedited ocean services. In Guam, the Company's container volume in the third quarter 2020 was 2.1 percent higher primarily due to increased demand for home improvement and government cargo. In the near-term, we expect depressed tourism levels to have a negative impact on the Guam economy. In Alaska, the Company's container volume for the third quarter 2020 increased 1.5 percent year-over-year primarily due to higher southbound volume as a result of stronger seafood volume compared to the prior year, partially offset by modestly lower northbound volume. The Alaska economy continues to recover from the second quarter low, but residual negative economic effects from the COVID-19 pandemic coupled with a low oil price environment is expected to have a negative impact on Alaska's economy in the near-term. The contribution in the third quarter 2020 from the Company's SSAT joint venture investment was $7.7 million, or $0.7million lower than the third quarter 2019. The decrease was primarily due to lower lift volume. Logistics: In the third quarter 2020, operating income for the Company's Logistics segment was $11.9 million, or $0.6million higher compared to the operating income achieved in the third quarter 2019. The increase was due primarily to improved performance in all of the business lines (i.e., transportation brokerage, freight forwarding, warehousing and distribution, and supply chain management and other services) driven by the continued reopening of the U.S. economy. In the near-term, we expect the elevated consumption of e-commerce and other high demand goods to benefit most of the business lines. For the fourth quarter of 2020, the Company expects its businesses to continue to perform well and to generate strong financial results. Results By Segment Ocean Transportation Three months ended September 30, 2020 compared with 2019 Three Months Ended September30, (Dollarsinmillions) 2020 2019 Change Ocean Transportation revenue $ 498.3 $ 437.2 $ 61.1 14.0 % Operating costs and expenses (411.8) (393.3) (18.5) 4.7 % Operating income $ 86.5 $ 43.9 $ 42.6 97.0 % Operating income margin 17.4 % 10.0 % Volume (Forty-foot equivalent units (FEU), except for automobiles) (1) Hawaii containers 36,400 36,700 (300) (0.8) % Hawaii automobiles 12,900 15,700 (2,800) (17.8) % Alaska containers 19,700 19,400 300 1.5 % China containers 38,200 17,000 21,200 124.7 % Guam containers 4,800 4,700 100 2.1 % Other containers (2) 4,600 4,400 200 4.5 % (1) Approximate volumes included for the period are based on the voyage departure date, but revenue and operating income are adjusted to reflect the percentage of revenue and operating income earned during the reporting period for voyages in transit at the end of each reporting period. (2) Includes containers from services in various islands in Micronesia and the South Pacific, and Okinawa, Japan. Ocean Transportation revenue increased $61.1 million during the three months ended September30, 2020, compared with the three months ended September30, 2019. The increase was primarily due to higher freight revenue in the China service, including revenue associated with the CLX+, partially offset by lower fuel-related surcharge revenue and lower revenue in the Hawaii service. On a year-over-year FEU basis, Hawaii container volume decreased 0.8 percent primarily due to lower volume from the state's COVID-19 mitigation efforts including restrictions on tourism and a second shelter-in-place order that took effect in August; Alaska volume increased 1.5 percent primarily due to higher southbound volume as a result of stronger seafood volume compared to the prior year, partially offset by modestly lower northbound volume; China volume was 124.7percent higher primarily due to volume from the CLX+ service in addition to higher volume on the CLX service as a result of Matson's increased capacity in the tradelane; Guam volume was 2.1percent higher primarily due to increased demand for home improvement and government cargo; and Other containers volume increased 4.5percent. Ocean Transportation operating income increased $42.6 million, or 97.0 percent, during the three months ended September30, 2020, compared with the three months ended September30, 2019. The increase was primarily due to a higher contribution from the China service, including the contribution from the CLX+, lower vessel operating costs, including the impact of one less vessel operating in the Hawaii service, and the timing of fuel-related surcharge collections, partially offset by a lower contribution from the Hawaii service and higher general and administrative expenses. The Company's SSAT terminal joint venture investment contributed $7.7 million during the three months ended September30, 2020, compared to a contribution of $8.4 million during the three months ended September30, 2019. The decrease was primarily due to lower lift volume. Ocean Transportation Nine months ended September 30, 2020 compared with 2019 Nine Months Ended September30, (Dollarsinmillions) 2020 2019 Change Ocean Transportation revenue $ 1,310.0 $ 1,250.5 $ 59.5 4.8 % Operating costs and expenses (1,173.3) (1,177.5) 4.2 (0.4) % Operating income $ 136.7 $ 73.0 $ 63.7 87.3 % Operating income margin 10.4 % 5.8 % Volume (Forty-foot equivalent units (FEU), except for automobiles) (1) Hawaii containers 108,100 109,300 (1,200) (1.1) % Hawaii automobiles 34,400 49,400 (15,000) (30.4) % Alaska containers 55,000 54,600 400 0.7 % China containers 78,500 47,100 31,400 66.7 % Guam containers 13,900 14,600 (700) (4.8) % Other containers (2) 12,600 12,700 (100) (0.8) % (1) Approximate volumes included for the period are based on the voyage departure date, but revenue and operating income are adjusted to reflect the percentage of revenue and operating income earned during the reporting period for voyages in transit at the end of each reporting period. (2) Includes containers from services in various islands in Micronesia and the South Pacific, and Okinawa, Japan. Ocean Transportation revenue increased $59.5 million, or 4.8 percent, during the nine months ended September30, 2020, compared with the nine months ended September 30, 2019. The increase was primarily due to higher freight revenue in the China service, including revenue associated with the CLX+, partially offset by lower revenue in the Hawaii service and lower fuel-related surcharge revenue. On a year-over-year FEU basis, Hawaii container volume decreased 1.1 percent primarily due to lower volume as a result of the state's COVID-19 mitigation efforts including restrictions on tourism, partially offset by volume associated with the dry-docking of one of Pasha's vessels; Alaska volume increased by 0.7 percent primarily due to higher northbound volume, including volume associated with the dry-docking of a competitor's vessel, partially offset by modestly lower southbound volume; China volume was 66.7 percent higher primarily due to volume from the CLX+ service; Guam volume was 4.8 percent lower primarily due to lower demand for retail-related goods resulting from the COVID19 pandemic and its related effects; and Other container volume decreased 0.8 percent. Ocean Transportation operating income increased $63.7 million, or 87.3 percent, during the nine months ended September30, 2020, compared with the nine months ended September 30, 2019. The increase was primarily due to a higher contribution from the China service, including the contribution from the CLX+, and lower vessel operating costs, including the impact of one less vessel operating in the Hawaii service, partially offset by a lower contribution from the Hawaii service. The Company's SSAT terminal joint venture investment contributed $15.4 million during the nine months ended September30, 2020, compared to a contribution of $17.8 million during the nine months ended September 30, 2019. The decrease was largely attributable to lower lift volume. Logistics Three months ended September 30, 2020 compared with 2019 Three Months Ended September30, (Dollarsinmillions) 2020 2019 Change Logistics revenue $ 146.9 $ 134.9 $ 12.0 8.9 % Operating costs and expenses (135.0) (123.6) (11.4) 9.2 % Operating income $ 11.9 $ 11.3 $ 0.6 5.3 % Operating income margin 8.1 % 8.4 % Logistics revenue increased $12.0 million, or 8.9 percent, during the three months ended September30, 2020, compared with the three months ended September30, 2019. The increase was primarily due to higher transportation brokerage revenue. Logistics operating income increased $0.6 million, or 5.3 percent, for the three months ended September30, 2020, compared with the three months ended September30, 2019. The increase was due primarily to a higher contribution from transportation brokerage. Logistics Nine months ended September 30, 2020 compared with 2019 Nine Months Ended September30, (Dollarsinmillions) 2020 2019 Change Logistics revenue $ 373.2 $ 411.9 $ (38.7) (9.4) % Operating costs and expenses (347.3) (381.2) 33.9 (8.9) % Operating income $ 25.9 $ 30.7 $ (4.8) (15.6) % Operating income margin 6.9 % 7.5 % Logistics revenue decreased $38.7 million, or 9.4 percent, during the nine months ended September30, 2020, compared with the nine months ended September30, 2019. The decrease was primarily due to lower transportation brokerage and freight forwarding revenue. Logistics operating income decreased $4.8 million, or 15.6 percent, for the nine months ended September30, 2020, compared with the nine months ended September30, 2019. The decrease was due primarily to lower contributions from transportation brokerage and freight forwarding. Liquidity, Cash Flows and Capital Allocation Matson's Cash and Cash Equivalents decreased by $8.5 million from $21.2 million at December 31, 2019 to $12.7million at September30, 2020. Matson generated net cash from operating activities of $270.8 million during the nine months ended September30, 2020, compared to $180.4 million during the nine months ended September30, 2019. Capital expenditures, including capitalized vessel construction expenditures, totaled $111.3 million for the nine months ended September30, 2020, compared with $171.4 million for the nine months ended September30, 2019. Total debt decreased by $134.8million during the nine months to $823.6 million as of September30, 2020, of which $770.2million was classified as long-term debt. Matson's Net Income and EBITDA were $123.1 million and $328.4 million, respectively, for the twelve months ended September30, 2020. The ratio of Matson's Net Debt to last twelve months EBITDA was 2.5 as of September30, 2020. As of September 30, 2020 Matson had available borrowings under its revolving credit facility of $518.9 million and a leverage ratio per the amended debt agreements of 2.4x. As previously announced, Matson's Board of Directors declared a cash dividend of $0.23 per share payable on December3, 2020 to all shareholders of record as of the close of business on November 12, 2020. Teleconference and Webcast A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Senior Vice President and Chief Financial Officer, will discuss Matson's third quarter results. Date of Conference Call: Monday, November 2, 2020 Scheduled Time: 4:30 p.m. ET / 1:30 p.m. PT / 11:30 a.m. HT Participant Toll Free Dial-In #: 1-877-312-5524 International Dial-In #: 1-253-237-1144 The conference call will be broadcast live along with a slide presentation on the Company's website at www.matson.com, under Investors. A replay of the conference call will be available approximately two hours after the call through November 9, 2020 by dialing 1-855-859-2056 or 1-404-537-3406 and using the conference number 8075505. The slides and audio webcast of the conference call will be archived for one full quarter on the Company's website at www.matson.com, under Investors. About the Company Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates two premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout the continental U.S. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska. Additional information about the Company is available at www.matson.com. GAAP to Non-GAAP Reconciliation This press release, the Form 8-K and the information to be discussed in the conference call include non-GAAP measures. While Matson reports financial results in accordance with U.S. generally accepted accounting principles ("GAAP"), the Company also considers other non-GAAP measures to evaluate performance, make day-to-day operating decisions, help investors understand our ability to incur and service debt and to make capital expenditures, and to understand period-over-period operating results separate and apart from items that may, or could, have a disproportional positive or negative impact on results in any particular period. These non-GAAP measures include, but are not limited to, Earnings Before Interest, Income Taxes, Depreciation and Amortization ("EBITDA") and Net Debt-to-EBITDA. Forward-Looking Statements Statements in this news release that are not historical facts are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation those statements regarding performance and financial results, confidence in making the CLX+ service permanent, contributions of the AAX service to Alaska volume and consolidated operating income, transpacific tradelane supply and demand dynamics, increasing consumption of e-commerce and other commodities, consumer spending, transpacific air cargo capacity, transpacific ocean cargo capacity, operational changes and cost management initiatives, tourism, impacts of the COVID-19 pandemic, cash flow expectations and uses of cash and cash flows, operating cost savings, fleet renewal progress, vessel deployments and operating efficiencies, vessel transit times, fuel strategy and scrubber program, organic growth opportunities, economic effects of competitors' services, demand and volume levels in the China service and in the Hawaii, Alaska and Guam tradelanes, economic growth and drivers in Hawaii, Alaska and Guam, Sand Island terminal upgrades, lift volumes at SSAT, debt leverage levels, capital expenditures and potential savings, and the likelihood and severity of recession or an extended downturn. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to risks and uncertainties relating to repeal, substantial amendment or waiver of the Jones Act or its application, or our failure to maintain our status as a United States citizen under the Jones Act; regional, national and international economic conditions; new or increased competition or improvements in competitors' service levels; fuel prices, our ability to collect fuel-related surcharges and/or the cost or limited availability of low-sulfur fuel; delays or cost overruns related to the installation of scrubbers; our relationship with vendors, customers and partners and changes in related agreements; the actions of our competitors; our ability to offer a differentiated service in China for which customers are willing to pay a significant premium; the imposition of tariffs or a change in international trade policies; increases in vessel charter rates or fuel costs, inability to recharter vessels, strains on moving cargo through our terminals, or limitations on the availability of adequate equipment; the magnitude and timing of the impact of public health crises, including COVID-19; the ability of the NASSCO shipyard to construct and deliver Matsonia on the contemplated timeframe; any unanticipated dry-dock or repair expenses; any delays or cost overruns related to the modernization of terminals; consummating and integrating acquisitions; changes in general economic and/or industry-specific conditions; competition and growth rates within the logistics industry; freight levels and increasing costs and availability of truck capacity or alternative means of transporting freight; changes in relationships with existing truck, rail, ocean and air carriers; changes in customer base due to possible consolidation among customers; conditions in the financial markets; changes in our credit profile and our future financial performance; our ability to obtain future debt financings; continuation of the Title XI and CCF programs; the impact of future and pending legislation, including environmental legislation; government regulations and investigations; relations with our unions; satisfactory negotiation and renewal of expired collective bargaining agreements without significant disruption to Matson's operations; war, terrorist attacks or other acts of violence; the use of our information technology and communication systems and cybersecurity attacks; and the occurrence of marine accidents, poor weather or natural disasters. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with our Annual Report on Form 10-K, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. We do not undertake any obligation to update our forward-looking statements. Investor Relations inquiries: News Media inquiries: Lee Fishman Keoni Wagner Matson,Inc. Matson,Inc. 510.628.4227 510.628.4534 [emailprotected] [emailprotected] MATSON,INC. AND SUBSIDIARIES Condensed Consolidated Statements of Income (Unaudited) Three Months Ended Nine Months Ended September30, September30, (Inmillions,exceptper shareamounts) 2020 2019 2020 2019 Operating Revenue: Ocean Transportation $ 498.3 $ 437.2 $ 1,310.0 $ 1,250.5 Logistics 146.9 134.9 373.2 411.9 Total Operating Revenue 645.2 572.1 1,683.2 1,662.4 Costs and Expenses: Operating costs (495.8) (472.6) (1,370.4) (1,412.5) Income from SSAT 7.7 8.4 15.4 17.8 Selling, general and administrative (58.7) (52.7) (165.6) (164.0) Total Costs and Expenses (546.8) (516.9) (1,520.6) (1,558.7) Operating Income 98.4 55.2 162.6 103.7 Interest expense (5.7) (6.2) (22.5) (16.9) Other income (expense), net 2.4 (0.5) 4.5 0.9 Income before Income Taxes 95.1 48.5 144.6 87.7 Income taxes (24.2) (12.3) (37.1) (20.6) Net Income $ 70.9 $ 36.2 $ 107.5 $ 67.1 Basic Earnings Per Share $ 1.65 $ 0.84 $ 2.50 $ 1.57 Diluted Earnings Per Share $ 1.63 $ 0.84 $ 2.48 $ 1.55 Weighted Average Number of Shares Outstanding: Basic 43.1 42.9 43.0 42.8 Diluted 43.5 43.3 43.4 43.2 MATSON,INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (Unaudited) September30, December31, (Inmillions) 2020 2019 ASSETS Current Assets: Cash and cash equivalents $ 12.7 $ 21.2 Other current assets 276.9 268.4 Total current assets 289.6 289.6 Long-term Assets: Investment in SSAT 55.2 76.2 Property and equipment, net 1,614.6 1,598.1 Goodwill 327.8 327.8 Intangible assets, net 194.7 202.9 Other long-term assets 324.8 350.8 Total long-term assets 2,517.1 2,555.8 Total assets $ 2,806.7 $ 2,845.4 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Current portion of debt $ 53.4 $ 48.4 Other current liabilities 400.2 388.3 Total current liabilities 453.6 436.7 Long-term Liabilities: Long-term debt, net of deferred loan fees 754.5 910.0 Deferred income taxes 370.9 337.6 Other long-term liabilities 335.9 355.4 Total long-term liabilities 1,461.3 1,603.0 Total shareholders' equity 891.8 805.7 Total liabilities and shareholders' equity $ 2,806.7 $ 2,845.4 MATSON,INC. AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows (Unaudited) Nine Months Ended September30, (In millions) 2020 2019 Cash Flows From Operating Activities: Net income $ 107.5 $ 67.1 Reconciling adjustments: Depreciation and amortization 84.5 73.4 Amortization of operating lease right of use assets 53.1 52.3 Deferred income taxes 33.5 21.9 Share-based compensation expense 12.0 8.7 Income from SSAT (15.4) (17.8) Distribution from SSAT 37.9 14.7 Other 0.5 (1.5) Changes in assets and liabilities: Accounts receivable, net (28.9) (0.2) Deferred dry-docking payments (11.1) (17.9) Deferred dry-docking amortization 17.8 25.9 Prepaid expenses and other assets 19.6 25.3 Accounts payable, accruals and other liabilities 24.0 (11.7) Operating lease liabilities (53.7) (51.7) Other long-term liabilities (10.5) (8.1) Net cash provided by operating activities 270.8 180.4 Cash Flows From Investing Activities: Capitalized vessel construction expenditures (57.8) (108.7) Other capital expenditures (53.5) (62.7) Proceeds from disposal of property and equipment 15.7 3.1 Cash deposits into Capital Construction Fund (97.1) (68.2) Withdrawals from Capital Construction Fund 97.1 68.2 Net cash used in investing activities (95.6) (168.3) Cash Flows From Financing Activities: Proceeds from issuance of debt 325.5 Repayments of debt (204.2) (28.4) Proceeds from revolving credit facility 547.4 383.3 Repayments of revolving credit facility (803.5) (328.3) Payment of financing costs (18.5) Proceeds from issuance of capital stock 0.1 0.1 Dividends paid (29.1) (27.7) Tax withholding related to net share settlements of restricted stock units (5.6) (3.3) Net cash used in financing activities (187.9) (4.3) Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (12.7) 7.8 Cash, Cash Equivalents and Restricted Cash, Beginning of the Period 28.4 24.5 Cash, Cash Equivalents and Restricted Cash, End of the Period $ 15.7 $ 32.3 Reconciliation of Cash, Cash Equivalents and Restricted Cash, End of the Period: Cash and Cash Equivalents $ 12.7 $ 23.6 Restricted Cash 3.0 8.7 Total Cash, Cash Equivalents and Restricted Cash, End of the Period $ 15.7 $ 32.3 Supplemental Cash Flow Information: Interest paid, net of capitalized interest $ 22.4 $ 16.8 Income tax (refunds) and payments, net $ (18.0) $ (25.7) Non-cash Information: Capital expenditures included in accounts payable, accruals and other liabilities $ 5.9 $ 9.8 MATSON,INC. AND SUBSIDIARIES Total Debt to Net Debt and Net Income to EBITDA Reconciliations (Unaudited) NET DEBT RECONCILIATION September30, (Inmillions) 2020 Total Debt (1): $ 823.6 Less: Cash and cash equivalents (12.7) Net Debt $ 810.9 EBITDA RECONCILIATION Three Months Ended September30, LastTwelve (Inmillions) 2020 2019 Change Months Net Income $ 70.9 $ 36.2 $ 34.7 $ 123.1 Add: Income taxes 24.2 12.3 11.9 41.6 Add: Interest expense 5.7 6.2 (0.5) 28.1 Add: Depreciation and amortization 27.9 25.7 2.2 109.4 Add: Dry-dock amortization 6.0 8.7 (2.7) 26.2 EBITDA (2) $ 134.7 $ 89.1 $ 45.6 $ 328.4 Nine Months Ended September30, (Inmillions) 2020 2019 Change Net Income $ 107.5 $ 67.1 $ 40.4 Add: Income taxes 37.1 20.6 16.5 Add: Interest expense 22.5 16.9 5.6 Add: Depreciation and amortization 82.5 72.8 9.7 Add: Dry-dock amortization 17.8 25.9 (8.1) EBITDA (2) $ 267.4 $ 203.3 $ 64.1 (1) Total Debt is presented before any reduction for deferred loan fees as required by GAAP. (2) EBITDA is defined as the sum of net income plus income taxes, interest expense and depreciation and amortization (including deferred dry-docking amortization). EBITDA should not be considered as an alternative to net income (as determined in accordance with GAAP), as an indicator of our operating performance, or to cash flows from operating activities (as determined in accordance with GAAP) as a measure of liquidity. Our calculation of EBITDA may not be comparable to EBITDA as calculated by other companies, nor is this calculation identical to the EBITDA used by our lenders to determine financial covenant compliance. SOURCE Matson, Inc. Related Links http://matson.com
Matson, Inc. Announces Third Quarter 2020 Results
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 14 January 2021 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) 8p ordinary Interests Short Positions Number (%) Number (%) (1) 6,258,574 1.16% 263,309 0.05% (2) 253,227 0.05% 5,695,219 1.06% (3) 0 0.00% 0 0.00% 6,511,801 1.21% 5,958,528 1.11% 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 Class of relevant Number of Price per unit security securities 8p ordinary 38,796 1.1980 GBP 8p ordinary 160 1.2000 GBP 8p ordinary 5,547 1.1980 GBP (b) Cash-settled derivative transactions Class of Number of relevant reference security securities 8p ordinary 1,847 8p ordinary 2,677 8p ordinary 11,010 (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 15 Jan 2021 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 - McCarthy & Stone plc
TRENTON, N.J., Aug. 5, 2020 /PRNewswire/ --A New Jersey appellate court has overturned a 2016 district court opinion that had tossed the claims of two women alleging that regular, decades-long use of Johnson & Johnson's Baby Powder led to their ovarian cancer. In its ruling, the three-judge panel sharply criticized the actions of Atlantic County Judge Nelson C. Johnson in denying testimony from the plaintiff's causation experts and granting summary judgment on behalf of J&J. "The judge relied upon his own reading of the supporting material to dismiss the opinions of plaintiffs' principal experts as flawed," wrote Justices Carmen H. Alvarez, Karen L. Suter and Patrick DeAlmeida. "In other words, his conclusions went to the merits of their opinions and his disagreement with them, rather than their methodology and the soundness of their data. In some instances, he relied upon defendants' expert opinions to explain his disagreement, and mischaracterized it as proof of unsound methods." "We conclude, contrary to the trial judge, that the experts' opinions were indeed based on sound methodology applied to data upon which experts in their field may reasonably rely. Therefore, genuine issues of material fact preclude the grant of summary judgment to defendants," the panel wrote. "We are satisfied that plaintiffs' experts adhered to methodologies generally followed by experts in the field, and relied upon studies and information generally considered an acceptable basis for inclusion in the formulation of expert opinions. Suppression of their testimony was an abuse of discretion." The original lawsuits denied by Judge Johnson were filed by Brandi Carl and Diana Balderrama in 2014 and were the first talc-ovarian cancer lawsuits filed in state court in New Jersey, where Johnson & Johnson is based. "The appellate panel correctly ruled that a judge should serve as a gatekeeper and not substitute his own opinion in considering the credibility of expert witnesses and their testimony," said the trial counsel for the two women, Ted Meadows of the Beasley Allen Law Firm of Montgomery, Alabama. "We look forward to trying these cases before New Jersey juries, and bringing forward the many other claims that have been suspended pending this ruling." The evidence submitted in the 2014 cases was limited to the women's exposure to platy talc in Johnson's Baby Powder. Evidence of additional carcinogenic components, such as asbestos and talc fibers, as well as the scientific evidence published since 2016 was not considered. Attorneys for the families believe this additional evidence strongly supports the causal link between the genital use of talc and ovarian cancer. In addition, more than 18,000 claims are consolidated in federal multidistrict litigation in New Jersey alleging a causal connection between talc use and ovarian cancer, as well as J&J's suppression of the related evidence and science. In late April, Chief Judge Freda L. Wolfson ruled that numerous medical, scientific and mineralogical experts could testify in upcoming bellwether trials. Contact:Barry Pound[emailprotected] 800-559-4534 SOURCE Beasley Allen Law Firm
New Jersey Appellate Court Overturns Ruling That Dismissed Talc-Ovarian Cancer Claims Plaintiffs win, Johnson & Johnson loses key battle over experts
DUBLIN--(BUSINESS WIRE)--The "Remote Asset Management Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The Remote Asset Management Market is expected to reach a CAGR of 14.5%, during the period of 2020-2025. Companies Mentioned Key Market Trends Manufacturing to Drive the Market Growth North America is Expected to Hold Major Share Key Topics Covered: 1 INTRODUCTION 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Industry Value Chain Analysis 4.3 Industry Attractiveness - Porter's Five Forces Analysis 4.4 Market Drivers 4.4.1 Increasing Demand from Third-party Logistics Players through Value-add Tracking Services 4.4.2 Increasing Adoption of Internet of Things Across the Supply Chain 4.5 Market Restraints 4.5.1 High Initial Investment and Training Costs 4.6 Assessment of Impact of Covid-19 on the Industry 5 MARKET SEGMENTATION 5.1 By Component 5.1.1 Solution** 5.1.1.1 Real Time Location System 5.1.1.2 Analytics and Reporting 5.1.1.3 Asset Performance Management 5.1.1.4 Surveillance and Security 5.1.1.5 Other Solutions (Network Bandwidth Management, Mobile Workforce Management) 5.1.2 Services 5.2 By Type 5.2.1 Fixed Asset 5.2.2 Mobile Asset 5.3 By Deployment Mode 5.3.1 On-Premise 5.3.2 Cloud 5.4 By End User 5.4.1 Manufacturing 5.4.2 Healthcare 5.4.3 Retail 5.4.4 Energy and Utilities 5.4.5 Transportation and Logistics 5.4.6 Other End Users 5.5 Geography 5.5.1 North America 5.5.2 Europe 5.5.3 Asia Pacific 5.5.4 Latin America 5.5.5 Middle East and Africa 6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 7 INVESTMENT ANALYSIS 8 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit https://www.researchandmarkets.com/r/oze9bs
Global Remote Asset Management Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com
HERNDON, Va., Feb. 11, 2021 /PRNewswire/ -- HawkEye 360 Inc., the first commercial company to use formation-flying satellites to create a new class of radio frequency (RF) data and analytics, today launched Mission Space, the first commercial platform purpose-built to facilitate the analysis of RF geospatial intelligence.Mission Space brings HawkEye 360 RF data and analytics together to create an intuitive experience. Through visualizing a holistic picture of worldwide RF activity, Mission Space bridges the interpretation gap between the collection and analysis of RF data. HawkEye 360 Mission Space RF Analysis Platform "Mission Space transforms the world of RF geospatial intelligence," said Tim Pavlick, Vice President of Product, HawkEye 360. "We want any analyst to be able to discover new mission insights with our unique analytics. Before today, only highly trained experts could access and interpret RF data. With Mission Space, we democratize RF geospatial intelligence, and leverage automation to enable a larger community to understand and exploit insights derived from RF signals. Mission Space is the flagship of our growing product portfolio." Mission Space automates the ingestion and visualization of RF signal data and analytics, allowing analysts to intuitively manipulate and explore available information within one frame of view. Analysts can see trends and patterns and in-depth detail about RF signals, all while maintaining a summary of RF activity for context."Mission Space is a breakthrough for commercial RF mapping and is unrivaled in the commercial sector," said Alex Fox, Executive Vice President, HawkEye 360. "The platform will empower our customers to efficiently extract immense value from our RF signal subscription services. It will accelerate user adoption of commercial RF analytics across the global defense, intelligence, commercial and humanitarian sectors."Mission Space leverages HawkEye 360's proprietary algorithms to automatically identify and characterize specific behaviors tied to RF signal data. Mission Space also merges contextual maritime information to specific RF geolocations to include a vessel's identity, history, past sanction violations, and identified behavior, significantly enhancing situational awareness.With Mission Space, analysts can automate routine functions, such as identifying RF activity in designated areas of interest or vessel behavior patterns. By automating these workflows, analysts can identify critical insights and gather actionable intelligence more quickly to keep pace with evolving events.For more information about Mission Space, visit https://www.he360.com/products/mission-space/About HawkEye 360HawkEye 360 is delivering a revolutionary source of global knowledge based on radio frequency (RF) geospatial intelligence to those working to make the world a safer place. The company operates the first-of-its-kind commercial satellite constellation to detect, characterize, and geolocate a broad range of RF signals. This unique RF data and analytics equip our global customers with high-impact insights needed to make decisions with confidence. HawkEye 360 is headquartered in Herndon, Virginia.SOURCE HawkEye 360
HawkEye 360 Introduces the Mission Space Platform for Analysis of Radio Frequency Geospatial Intelligence Mission Space helps analysts quickly exploit RF geospatial intelligence
LONDON--(BUSINESS WIRE)-- FORM 8.5 (EPT/NON-RI) PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (RI) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE) Rule 8.5 of the Takeover Code (the Code) 1. KEY INFORMATION 2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER 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(b), 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) (1) 4,356,456 1.70% 454,131 0.18% (2) 434,511 0.17% 4,141,350 1.62% (3) 0 0.00% 0 0.00% 4,790,967 1.87% 4,595,481 1.79% 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 EXEMPT PRINCIPAL TRADER Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), 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 4 329/395 p ordinary Purchase 65,530 8.7423 GBP 8.72 GBP 4 329/395 p ordinary Sale 71,263 8.7329 GBP 8.725 GBP (b) Cash-settled derivative transactions 4 329/395 p ordinary SWAP Long 253 8.7392 GBP 4 329/395 p ordinary CFD Long 1,495 8.7238 GBP 4 329/395 p ordinary SWAP Long 3,554 8.7325 GBP 4 329/395 p ordinary SWAP Long 4,878 8.7296 GBP 4 329/395 p ordinary SWAP Long 5,274 8.7312 GBP 4 329/395 p ordinary SWAP Long 19,360 8.7317 GBP 4 329/395 p ordinary SWAP Short 4 8.7300 GBP 4 329/395 p ordinary CFD Short 267 8.7300 GBP 4 329/395 p ordinary SWAP Short 1,228 8.7306 GBP 4 329/395 p ordinary SWAP Short 4,090 8.7293 GBP 4 329/395 p ordinary SWAP Short 5,219 8.7301 GBP 4 329/395 p ordinary SWAP Short 8,000 8.7287 GBP 4 329/395 p ordinary SWAP Short 10,770 8.7365 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 exempt principal trader 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 exempt principal trader 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 13 Apr 2021 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. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.
Form 8.5 (EPT/NON-RI) - AGGREKO PLC
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Churchill Capital Corporation IV (Churchill or the Company) (NYSE: CCIV) investors concerning the Companys possible violations of federal securities laws. On January 11, 2021, Bloomberg News reported that Lucid Motors Inc. (Lucid), an American automotive company specializing in electric cars, is in talks to go public via merger with one of Michael Kleins special purpose acquisition companies, including Churchill. Over the next several weeks, Lucids Chief Executive Officer Peter Rawlinson made media appearances during which he stated that Lucid was aiming for a spring delivery for its first vehicles. On February 22, 2021, the merger between Churchill and Lucid was announced with transaction equity value estimated at $11.75 billion. Churchills share price closed at $57.37. The same day, after the market closed, Bloomberg News reported that production of Lucids debut car would be delayed until at least the second half of 2021 with no definite date for the actual delivery of vehicles. Details of the merger also disclosed that Lucid was projecting the production of only 557 vehicles in 2021, instead of the 6,000 it had been touting in the run-up to the merger announcement. On February 23, 2021, Churchills stock fell $22.16, or 38%, to close at $35.21 per share on February 23, 2021. If you purchased Churchill securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Churchill Capital Corporation IV (CCIV) on Behalf of Investors
TORRANCE, Calif., April 7, 2021 /PRNewswire/ -- Yoshinoya Japanese Kitchen, known for its insanely craveable Japanese-inspired rice bowls, today introduced a new Combo XL Bowl, offering guests a chance to get 50% more mouth-watering meat than a regular Combo Bowl for just a buck more. Guests can upgrade their combo bowl by getting their choice of two large proteins, plus a base and nutritious veggies. Yoshinoya Tea Cups and Bowl Bucks Yoshinoya Combo XL Bowl Getting to the meat of the matter, Yoshinoya will celebrate the launch through "Meat Up Mondays" all April long. Each Monday, loyalty members will earn an extra 50 points when ordering the Combo XL Bowl online. "We're calling all carnivores with the launch of our protein-packed Combo XL Bowl, giving them the chance to go big for just a buck," said Angella Green, Director of Marketing. "Just download the app, order up your faves and begin earning even more points with every delicious bite." To kick off the first "Meat Up Monday," guests purchasing a Combo XL on Monday, April 12th will receive a free, limited edition Yoshinoya collector's cup and five (5) lucky winners will also have a chance to win $50 in Yoshinoya Bowl Bucks, to fuel future Meat Ups. Additionally, the brand will engage its fans with "Meaty Conversation Starters" and share "Meaty Moments," showcasing the fresh, homestyle cooking done in their kitchens every day. Known for its completely customizable menu, guest ordering the Combo XL can choose from a selection of large proteins, ranging from classics, like Original Beef and Teriyaki Chicken to new fan faves Grilled BBQ Beef and Orange Chicken. No matter the combination, all offerings can be ordered onlinefor contactless delivery, curbside or in-store pick-up. Meals can also be ordered and enjoyed in-restaurant at the brand's socially distanced dining room or patio tables."Say goodbye to 'Sunday Scaries' and start your week off rightwith more meat," said Green. Earn 50 extra points on all orders including Combo using the Yoshinoya app on 4/12, 4/19 and 4/26, 2021. Please allow 24 hours for your account to reflect 50 extra points. Limit two purchases per day. Point total will be rounded to the nearest dollar based on subtotal and then 50 points added. See Yoshinoya app for details. Yoshinoya collector's cups are available in store for Combo XL purchases on 4/12/21, while supplies last. About Yoshinoya Japanese KitchenFresh, wholesome Japanese-style cuisine is the essence of the Yoshinoya Japanese Kitchen menu. Dating back to 1899 with the opening of its first restaurant in Tokyo, Japan, Yoshinoya is among the oldest quick-service restaurant chains in operation. Throughout its century of experience, Yoshinoya continues to grow aggressively while operating or franchising more than 2,000 restaurants in Japan, Mainland China, Shanghai, Taiwan, Hong Kong, Singapore, Philippines and the United States, including over 100 locations in California. The menu is based on fresh ingredients served in a variety of rice bowls, including the original Beef Bowl that started it all in 1899. See what's cooking.Yoshinoya Japanese Kitchen Media Relations: 213.479.4001 [emailprotected] Beef Bowl is a registered trademark of Yoshinoya. SOURCE Yoshinoya America Related Links http://www.yoshinoyaamerica.com
Yoshinoya Japanese Kitchen Gets Real Meaty with New Combo XL Bowl Guests Can Meet More Meat with 50% More Protein than a Regular Combo Bowl for $1 More
PITTSBURGH, July 14, 2020 /PRNewswire/ -- "I was tired of breading large quantities of meat by hand and couldn't find a kitchen gadget or device to get the job done," said an inventor, from Fayetteville, N.C. "I also thought there could be a more efficient way for fast food restaurants to bread large quantities of meat, so I invented the BIG DRUM BREADER." The patent-pending invention provides an effective way to bread various food items. In doing so, it eliminates the hassle associated with traditional breading methods. As a result, it saves time and effort and it could help to prevent messes and waste. The invention features a versatile design that is convenient and easy to use so it is ideal for households and restaurants. Additionally, it is producible in design variations and a prototype is available. The inventor described the invention design. "My design enables you to apply flour and breadcrumb mixtures to meats or vegetables in a simple and mess-free manner." The original design was submitted to the Ottawa sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-OTW-434, 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 Kitchen Gadget for Breading Food Items (OTW-434)
CLEVELAND, Feb. 24, 2021 /PRNewswire/ --US demand for welding equipment and supplies is expected to rise 2.6% per year in nominal terms through 2024, according to Welding Equipment & Supplies: United States, a report recently released by Freedonia Focus Reports. Shipments of fabricated metal products are expected to grow 0.9% annually over the forecast period. Building construction expenditures are expected to grow 3.5% annually, while nonbuilding construction expenditures are projected to advance 4.3% yearly over the same period. Increasing construction activity will spur demand for welding equipment for building frames, infrastructure, and metal pipe. Motor vehicle production is forecast to grow 0.6% annually, which will support demand for welding equipment used in the industry. However, aerospace shipments are expected to decline 0.5% per annum during that span, which will dampen demand for welding equipment for the construction of aircraft frames. In addition, the long service life of welding equipment leads to slow replacement cycles, which tempers advances. Demand for welding equipment and supplies fell an estimated 9.0% in 2020. The economic impact of the pandemic sent fabricated metal shipments and motor vehicle production into a tailspin, which reduced demand for welding equipment and supplies across most end markets. As welding equipment is a durable good, customers delayed investment in new machines due to the uncertain business environment. Furthermore, reduced activity cut wear and tear on welding equipment stocks, further delaying sales. However, welding equipment suppliers were generally considered essential businesses under stay-at-home orders and were thus able to continue manufacturing. In addition, investment delays caused by the pandemic are likely to create pent-up demand for welding equipment, which will benefit suppliers in 2021 and beyond. These and other key insights are featured in Welding Equipment & Supplies: United States. This report provides an estimate of 2020 and forecast to 2024 for US welding equipment and supplies demand and shipments in nominal US dollars at the manufacturer level. Total demand is segmented by product in terms of: arc welders and components arc welding electrodes resistance welding equipment and components gas welding equipment and components other products such as electron beam, laser, and ultrasonic welding equipment and components To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2009 to 2019. Welding personal protective equipment (e.g., welding helmets, hoods, gloves) and shipments of gases used in welding are excluded from the scope of this report. Re-exports of welding equipment and supplies are excluded from demand and trade figures. More information about the report is available at: https://www.freedoniafocusreports.com/Welding-Equipment-Supplies-United-States-FF75040/?progid=91541 About Freedonia Focus Reports Each month, The Freedonia Group a division of MarketResearch.com publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at Freedonia Focus Reports or MarketResearch.com. Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including: total historical market size and industry output segmentation by products and markets identification of market drivers, constraints, and key indicators segment-by-segment outlook in five-year forecasts a survey of the supply base suggested resources for further study Press Contact: Corinne Gangloff+1 440.684.9600[emailprotected] SOURCE The Freedonia Group
Rising Construction Spending, Shipments of Select Durable Goods to Drive Demand Gains in Welding Equipment & Supplies Release of pent-up demand after 2020 declines expected to boost sales in the near term
COLUMBIA, Md., May 19, 2020 /PRNewswire/ -- Universities Space Research Association (USRA) announced today the selection of Dr. Miguel Romn, Director of The Earth from Space Institute (EfSI) and his research team as recipients of a grant from NASA's Earth Sciences Division. The purpose of this grant is to use data collected from Earth-observing satellites to improve understanding of the effects of the COronaVIrus Disease (COVID-19) in urban areas. Continue Reading Lighting changes between Jan. 19 and Feb. 4, 2020 in Jianghan District, a commercial area of Wuhan, China, as retrieved by the Visible Infrared Imaging Radiometer Suite (VIIRS) using NASAs Black Marble product suite: https://blackmarble.gsfc.nasa.gov/. Image Credit: NASA Earth Science Observatory. Competitively selected from among several research proposals submitted to NASA, USRA scientists and university collaborators will be harnessing the power of Earth observations in support of COVID-19 monitoring, response, and recovery efforts. The resulting information will be made available to decision-makers consistent with NASA's open sharing of data and information. Dr. Miguel Romn serves as principal investigator of NASA's Black Marble research team. The group is producing science-quality nighttime lights data obtained from the Suomi-NPP and NOAA-20 platforms the next generation of US Polar-orbiting Satellites. The study will make use of Black Marble data to assess the social, economic, and cascading impacts of COVID-19 and other events, and the effectiveness of actions taken at community, national, regional, and global levels to mitigate their adverse effects and build greater resilience through response measures. For example, there is currently minimal data on how different containment strategies have affected local businesses and neighborhoods, and how companies and citizens are responding to preventative measures aimed at containment. "Decision-makers require detailed, timely, and accurate information on socio-economic disruptions and recovery during the COVID-19 epidemic," said Kai-Alexander Kaiser, Senior Economist at The World Bank Group Global Governance Practice, who is a collaborator on the project. "And they want to know how to better inform strategies for mitigating potential future breakouts and cascading impacts on systematically underrepresented and underserved populations."Since early February 2020, Dr. Romn and his team have been analyzing nighttime images collected by the Visible Infrared Imaging Radiometer Suite on-board the Suomi-NPP and NOAA-20 to decipher changes in urban business, industry, and transportation activity patterns during the Pandemic, providing new insights for COVID-19 risk reduction and resilience efforts. As a result of these efforts, the research team was able to observe the early signs of the shutdown when highways and commercial centers went dark around Hubei province in central China. As reported by the media and U.S. State Department, Chinese authorities suspended air, road, and rail travel in the area, and placed restrictions on other activities in late January 2020 in response to the COVID-19 outbreak in the region. According to Dr. Romn, "We are working on routine production of multi-sensor data and analysis tools that will take our applied use case in Hubei Province, and expand it further to assess how different countries and economic sectors have responded to COVID-19 containment and quarantine recommendations."Spatially-explicit monitoring, available in near-real time at the street level, is also essential for identifying where to send aid, and for understanding distributional impacts specifically "who" has been most affected and "what" is the capacity of the affected communities to cope. "We anticipate that expedited access to NASA's Black Marble product will be vital not only for the ongoing COVID-19 pandemic, but also to improve other hazard monitoring needs in Latin America and the Caribbean," said Katie Taylor, Executive Director of the Pan American Development Foundation (PADF) and a collaborator on this project. "The findings that emerge from this analysis will undoubtedly strengthen national-level hazard monitoring and local-level communities to build greater resilience and improve early warning systems in the region."About USRAFounded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities, and conducts other major research and educational programs, under Federal funding. USRA engages the university community and employs in-house scientific leadership, innovative research and development, and project management expertise.More information about USRA is available at www.usra.edu.About the Earth from Space Institute With its foundational connection to space agencies, the private sector, government, community groups, and philanthropic leaders, USRA's Earth from Space Institute (EfSI) has accelerated the transition of Earth Observations to the real world, with a unique portfolio of global near-real time data and information systems that meet response and long-term recovery needs, as evidenced by various use cases focused on major disasters, including earthquakes, floods, andlong-duration power failures.PR Contact:Suraiya Farukhi, Ph.D.[emailprotected] 410-740-6224; 443-812-6945 SOURCE Universities Space Research Association Related Links http://www.usra.edu
USRA's Earth from Space Institute to Join Space-Based Response to COVID-19
BOSTON, Oct. 8, 2020 /PRNewswire/ --Boston Trust Walden Company today announced that Domenic Colasacco will step down from his role as a portfolio manager on the institutional multi-asset and large cap core strategy teams on January 1, 2021. Mr. Colasacco will serve in the role of Senior Advisor and will remain Chairman of the Board of Directors. "I have had the privilege of serving as a portfolio manager for over 40 years," said Mr. Colasacco. "My decision to step down from formal portfolio management responsibilities for institutional clients is made possible and easier by the confidence I have in our investment team." The firm has long utilized a team approach to portfolio management to ensure continuity in process and execution. Stephen Amyouny, co-Chief Executive Officer, and William Apfel, Chief Investment Officer, remain portfolio managers on the multi-asset and large cap core teams. Additionally, Sean Cameron, who joined the firm in July 2020, will be added to the institutional multi-asset strategy team in January 2021. Mr. Cameron previously served as Investment Officer and fixed income Research Analyst at MFS Investment Management, where he designed customized portfolios for institutional clients within their strategic solutions group. Prior to joining MFS, Mr. Cameron worked at PIMCO as a fixed income Portfolio Manager, and at Goldman Sachs as a Financial Analyst. "I am delighted to join the multi-asset strategy team and look forward to contributing to asset allocation and security selection decisions in service to our clients," said Mr. Cameron. The firm is conducting a search for a large cap portfolio manager. About Boston Trust Walden Boston Trust Walden is an independent, employee-owned firm providing investment management services to institutional investors and private wealth clients. The firm manages approximately $10 billion in assets. Boston Trust Walden Company is a Massachusetts chartered bank and trust company. Boston Trust Walden Inc. is a registered investment adviser and a wholly owned subsidiary of Boston Trust Walden Company. Media inquiries: Heidi Vanni, [emailprotected], (617) 726-7136 SOURCE Boston Trust Walden Company Related Links http://www.bostontrust.com
Boston Trust Walden Announces Changes to Institutional Strategies Portfolio Management
WASHINGTON, Dec. 8, 2020 /PRNewswire/ --Congress passed a law ending the five-month waiting period for people with ALS to access Social Security Disability Insurance benefits on Tuesday. The ALS Disability Insurance Access Act, which now goes to President Trump for signature, comes after years of work from ALS advocates, who educated and built support among lawmakers from both parties. ALS advocates across the country have worked tirelessly since 2016 to eliminate the five-month waiting period required for people with ALS to access their social security disability insurance benefits. The ALS Association applauds ALS advocates and legislative champions for their tenacity in securing passage of the ALS Disability Insurance Access Act. The bill now goes to President Trump for signing. "People living with ALS, along with their families and supporters, created the momentum and support for this bill." Tweet this "People living with ALS, along with their families and supporters, created the momentum andsupport for this bill," said Tommy May, who is living with ALS and serves on the Board of Trustees of The ALS Association. "We are grateful to all the members from both parties who voted to help people living with ALS and their families. Support for people with ALS is truly bipartisan." ALS is a neurodegenerative disease that is 100 percent fatal. It takes about a year to confirm a diagnosis and there is no cure. Average life expectancy is two to five years following diagnosis. People with ALS lose the ability to initiate and control muscle movement. As a result, they lose their jobs and employer-based insurance during the most challenging periods of their lives. Recognizing the devastating nature of ALS, Congress passed bipartisan legislation in 2000 that waived the two-year waiting period for Medicare. "This victory would not have been possible without the ALS community's countless letters, calls and virtual and in-person visits urging action by Congress," said Calaneet Balas, President and CEO of The ALS Association. "We are grateful to the entire community, and especially those people with ALS who worked on this issue and who have since passed." "Because of its degenerative and often aggressive nature, some people living with ALS lose their fight with the disease before the five-month waiting period is over," Balas added. "It is essential that we eliminate this harmful waiting period and allow immediate access to disability benefits for those who have received an ALS diagnosis."About The ALS AssociationALS Association is the largest private funder of ALS research in the world. The Association funds global research collaborations, provides assistance for people with ALS and their families through its nationwide network of chapters and certified clinical care centers, and advocates for better public policies for people with ALS. The ALS Association builds hope and enhances quality of life while urgently searching for new treatments and a cure. For more information about The ALS Association, visit our website at ALS.org. SOURCE The ALS Association Related Links http://www.alsa.org
ALS Advocates Secure Rare Bipartisan Support for End to Five-Month Wait for Social Security Disability Insurance
DUBLIN--(BUSINESS WIRE)--The "Global and Chinese Apomorphine Hydrochloride Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering. 'Global and Chinese Apomorphine Hydrochloride Industry, 2021 Market Research Report' is a professional and in-depth study on the current state of the global Apomorphine Hydrochloride industry with a focus on the Chinese market. The report provides key statistics on the market status of the Apomorphine Hydrochloride manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for each company. Through statistical analysis, the report depicts the global and Chinese total market of Apomorphine Hydrochloride industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2021 market development trends of the Apomorphine Hydrochloride industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of the Apomorphine Hydrochloride Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2021 global and Chinese Apomorphine Hydrochloride industry covering all important parameters. Key Topics Covered: 1. Introduction of Apomorphine Hydrochloride Industry 1.1 Brief Introduction of Apomorphine Hydrochloride 1.2 Development of Apomorphine Hydrochloride Industry 1.3 Status of Apomorphine Hydrochloride Industry 2. Manufacturing Technology of Apomorphine Hydrochloride 2.1 Development of Apomorphine Hydrochloride Manufacturing Technology 2.2 Analysis of Apomorphine Hydrochloride Manufacturing Technology 2.3 Trends of Apomorphine Hydrochloride Manufacturing Technology 3. Analysis of Global Key Manufacturers 3.1 Company Profile 3.2 Product Information 3.3 2016-2021 Production Information 3.4 Contact Information 4. 2016-2021 Global and Chinese Market of Apomorphine Hydrochloride 4.1 2016-2021 Global Capacity, Production and Production Value of Apomorphine Hydrochloride Industry 4.2 2016-2021 Global Cost and Profit of Apomorphine Hydrochloride Industry 4.3 Market Comparison of Global and Chinese Apomorphine Hydrochloride Industry 4.4 2016-2021 Global and Chinese Supply and Consumption of Apomorphine Hydrochloride 4.5 2016-2021 Chinese Import and Export of Apomorphine Hydrochloride 5. Market Status of Apomorphine Hydrochloride Industry 5.1 Market Competition of Apomorphine Hydrochloride Industry by Company 5.2 Market Competition of Apomorphine Hydrochloride Industry by Country (USA, EU, Japan, Chinese etc.) 5.3 Market Analysis of Apomorphine Hydrochloride Consumption by Application/Type 6. 2021-2026 Market Forecast of Global and Chinese Apomorphine Hydrochloride Industry 6.1 2021-2026 Global and Chinese Capacity, Production, and Production Value of Apomorphine Hydrochloride 6.2 2021-2026 Apomorphine Hydrochloride Industry Cost and Profit Estimation 6.3 2021-2026 Global and Chinese Market Share of Apomorphine Hydrochloride 6.4 2021-2026 Global and Chinese Supply and Consumption of Apomorphine Hydrochloride 6.5 2021-2026 Chinese Import and Export of Apomorphine Hydrochloride 7. Analysis of Apomorphine Hydrochloride Industry Chain 7.1 Industry Chain Structure 7.2 Upstream Raw Materials 7.3 Downstream Industry 8. Global and Chinese Economic Impact on Apomorphine Hydrochloride Industry 8.1 Global and Chinese Macroeconomic Environment Analysis 8.1.1 Global Macroeconomic Analysis 8.1.2 Chinese Macroeconomic Analysis 8.2 Global and Chinese Macroeconomic Environment Development Trend 8.2.1 Global Macroeconomic Outlook 8.2.2 Chinese Macroeconomic Outlook 8.3 Effects to Apomorphine Hydrochloride Industry 9. Market Dynamics of Apomorphine Hydrochloride Industry 9.1 Apomorphine Hydrochloride Industry News 9.2 Apomorphine Hydrochloride Industry Development Challenges 9.3 Apomorphine Hydrochloride Industry Development Opportunities 10. Proposals for New Project 10.1 Market Entry Strategies 10.2 Countermeasures of Economic Impact 10.3 Marketing Channels 10.4 Feasibility Studies of New Project Investment 11. Research Conclusions of Global and Chinese Apomorphine Hydrochloride Industry For more information about this report visit https://www.researchandmarkets.com/r/22kxbk
Global and Chinese Apomorphine Hydrochloride Industry Report 2021 - ResearchAndMarkets.com
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today updated its previously announced Adjusted EBITDA guidance for the fourth quarter of $44 million to $55 million that was included within its third quarter earnings presentation on November 5, 2020. Updated Adjusted EBITDA guidance for the fourth quarter is now in the range of $64 million to $67 million. Our adjusted guidance is predominantly attributable to our specialty carbon black business unit, driven by considerably higher volumes, which rose low-double digits sequentially. We also experienced slightly less seasonality than anticipated in our rubber carbon black business where volumes declined mid-single digits sequentially. We believe both of these trends are an indication that our customers restocked their inventories, to some degree during the quarter, to better manage their supply chains. The temporary nature of restocking combined with broader uncertainties in the economy make it difficult to forecast how demand will develop from here. However, our current order book indicates a strong January and we expect robust demand as the global economy recovers. I want to thank our customers for their partnership and the Orion team for taking quick action in the face of a dynamic market, said Corning Painter, Orions chief executive officer. The company expects to provide further information regarding its fourth quarter and full year 2020 results after the market closes on February 18, 2021. A press release announcing conference call details will be distributed on January 11, 2021. About Orion Engineered Carbons Orion is a worldwide supplier of carbon black. We produce a broad range of carbon blacks that include high-performance specialty gas blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks and other carbon blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber goods such as automotive belts and hoses. Orion operates 14 global production sites and has approximately 1,425 employees worldwide. For more information, please visit our website www.orioncarbons.com. Forward Looking Statements This document contains and refers to certain forward-looking statements with respect to our financial condition, results of operations and business. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements are typically identified by words such as anticipate, "assume," assure, believe, confident, could, estimate, expect, intend, may, plan, objectives, outlook, probably, project, will, seek, target to be, and other words of similar meaning. Forward-looking statements include, among others, statements concerning the potential exposure to market risks, statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions and statements that are not limited to statements of historical or present facts or conditions, including statements about the following matters: our strategies for (i) mitigating the impacts of the global outbreak of the coronavirus, (ii) strengthening our position in specialty carbon blacks and rubber carbon blacks, (iii) increasing our rubber carbon black margins and (iv) strengthening the competitiveness of our operations; the ability to pay dividends at historical dividend levels or at all; cash flow projections; the installation of pollution control technology in our U.S. manufacturing facilities pursuant to the EPA consent decree; the outcome of any in-progress, pending or possible litigation or regulatory proceedings; and our expectation that the markets we serve will continue to grow. The COVID-19 pandemic has had and could continue to have an adverse effect on our business and results of operations, including as a result of disruptions to our supply chain, disruptions and restrictions on the ability of many of our employees to work effectively because of illness, quarantines, government actions, facility closures and other restrictions, as well as temporary closures of certain of our facilities and those of certain of our customers and suppliers. If we experience operational or supply chain disruptions, or such disruptions are exacerbated or prolonged in the future, our business, results of operations and liquidity may be adversely impacted. In addition, we have experienced significant and unpredictable reductions in the demand for our products as a result of the COVID-19 pandemic. You should not place undue reliance on forward looking statements. All these forward-looking statements are based on estimates and assumptions that, although believed to be reasonable, are inherently uncertain. Therefore, undue reliance should not be placed upon any forward-looking statements. There are important factors that could cause actual results to differ materially from those contemplated by such forward-looking statements. These factors include, among others: the effects of the COVID-19 pandemic on our business and results of operations; negative or uncertain worldwide economic conditions; volatility and cyclicality in the industries in which we operate; operational risks inherent in chemicals manufacturing, including disruptions as a result of severe weather conditions and natural disasters and as a result of the COVID-19 pandemic; our dependence on major customers and suppliers; our ability to compete in the industries and markets in which we operate; our ability to address changes in the nature of future transportation and mobility concepts which may impact our customers and our business; our ability to develop new products and technologies successfully and the availability of substitutes for our products; our ability to implement our business strategies; volatility in the costs and availability of raw materials (including but not limited to any and all effects from restrictions imposed by the MARPOL convention and respective International Maritime Organization (IMO) regulations in particular to reduce sulfur oxides (SOx) emissions from ships) and energy; our ability to respond to changes in feedstock prices and quality; our ability to realize benefits from investments, joint ventures, acquisitions or alliances; our ability to realize benefits from planned plant capacity expansions and site development projects and the potential delays to such expansions and projects; information technology systems failures, network disruptions and breaches of data security; our relationships with our workforce, including negotiations with labor unions, strikes and work stoppages; our ability to recruit or retain key management and personnel; our exposure to political or country risks inherent in doing business in some countries; geopolitical events in the European Union, and in particular the ultimate future relations between the European Union and the United Kingdom resulting from the Brexit which may impact the Euro; environmental, health and safety regulations, including nanomaterial and greenhouse gas emissions regulations, and the related costs of maintaining compliance and addressing liabilities; possible future investigations and enforcement actions by governmental or supranational agencies; our operations as a company in the chemical sector, including the related risks of leaks, fires and toxic releases; market and regulatory changes that may affect our ability to sell or otherwise benefit from co-generated energy; litigation or legal proceedings, including product liability and environmental claims; our ability to protect our intellectual property rights and know-how; our ability to generate the funds required to service our debt and finance our operations; fluctuations in foreign currency exchange and interest rates; the availability and efficiency of hedging; changes in international and local economic conditions, including with regard to the Euro, dislocations in credit and capital markets and inflation or deflation; potential impairments or write-offs of certain assets; required increases in our pension fund contributions; the adequacy of our insurance coverage; changes in our jurisdictional earnings mix or in the tax laws or accepted interpretations of tax laws in those jurisdictions; our indemnities to and from Evonik; challenges to our decisions and assumptions in assessing and complying with our tax obligations; and potential difficulty in obtaining or enforcing judgments or bringing actions against us in the United States. You should not place undue reliance on forward-looking statements. We present certain financial measures that are not prepared in accordance with U.S. GAAP or the accounting standards of any other jurisdiction and may not be comparable to other similarly titled measures of other companies. These non-U.S. GAAP measures are Contribution Margin, Contribution Margin per Metric Ton, Adjusted EBITDA, Adjusted EPS, Net Working Capital and Capital Expenditures. Adjusted EBITDA, Adjusted EPS, Contribution Margins and Net Working Capital are not measures of performance under U.S. GAAP and should not be considered in isolation or construed as substitutes for net sales, consolidated profit (loss) for the period, operating result (EBIT), gross profit or other U.S. GAAP measures as an indicator of our operations in accordance with U.S. GAAP. For a reconciliation of these non-U.S. GAAP financial measures to the most directly comparable U.S. GAAP measures, see Appendix. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include those factors detailed under the captions Note Regarding Forward-Looking Statements and Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2019, our Quarterly Reports on Form 10-Q and in Note R. to our audited consolidated financial statements regarding contingent liabilities, including litigation. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and it is not possible for our management to predict all risk factors and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement - including those in the 2020 Outlook and Quarterly Business Segment Results sections above - as a result of new information, future events or other information, other than as required by applicable law. Reconciliation of Non-GAAP Financial Measures In this release we refer to Adjusted EBITDA which is a financial measure that has not been prepared in accordance with U.S. GAAP or the accounting standards of any other jurisdiction and may not be comparable to other similarly titled measures of other companies. We refer to this measure as a non-GAAP financial measure. Adjusted EBITDA is defined as operating result (EBIT) before depreciation and amortization, adjusted for acquisition related expenses, restructuring expenses, consulting fees related to group strategy, share of profit or loss of joint venture and certain other items. Adjusted EBITDA is used by our management to evaluate our operating performance and make decisions regarding allocation of capital because it excludes the effects of certain items that have less bearing on the performance of our underlying core business. Our use of Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our financial results as reported under U.S. GAAP. Some of these limitations are: (a) although Adjusted EBITDA excludes the impact of depreciation and amortization, the assets being depreciated and amortized may have to be replaced in the future and thus the cost of replacing assets or acquiring new assets, which will affect our operating results over time, is not reflected; (b) Adjusted EBITDA does not reflect interest or certain other costs that we will continue to incur over time and will adversely affect our profit or loss, which is the ultimate measure of our financial performance and (c) other companies, including companies in our industry, may calculate Adjusted EBITDA or similarly titled measures differently. Because of these and other limitations, you should consider Adjusted EBITDA alongside our other U.S. GAAP-based financial performance measures, such as net income or loss for the period. We have not provided a reconciliation of forward-looking Adjusted EBITDA to the most comparable GAAP measure of net income. Providing net income guidance is potentially misleading and not practical given the difficulty of projecting event-driven transactions and other non-core operating items that are included in net income.
Orion Engineered Carbons S.A. Updates Fourth Quarter Adjusted EBITDA Guidance
PLANO, Texas, July 15, 2020 /PRNewswire/ --What would a premium midsize sedan look like if it covered an incredibly wide gamut of customer choices, from the silken yet spirited character of a 301-horsepower V6 to the manufacturer-projected EPA-estimated range rating of 44 miles per gallon fuel efficiency of a hybrid version, and from the traction of available new all-wheel drive to the track-tuned handling of a model developed by the motorsports division? The first-ever Avalon TRD performance model debuted for 2020 for drivers who want more aggressive road grip and arresting style. Now, for 2021, Avalons first-ever all-wheel drive option arrives for drivers who want more grip and driving confidence in slippery driving conditions. It would look exactly like the 2021 Toyota Avalon. The Avalon line offers all of those variants in a striking, coupe-inspired design with cavernous interior room, coddling luxury, and Toyota Safety Sense driver-assist technology with automatic emergency braking. Toyota introduced the fifth-generation Avalon for 2019 and continues pushing the boundaries on this flagship sedan. The first-ever Avalon TRD performance model debuted for 2020 for drivers who want more aggressive road grip and arresting style. Now, for 2021, Avalon's first-ever all-wheel drive option arrives for drivers who want more grip and driving confidence in slippery driving conditions. In the Avalon Hybrid, which recently accounts for about a third of Avalon sales, a new Lithium-ion (Li-ion) battery pack replaces the previous Nickel-metal hydride (Ni-MH) battery. In addition, a new Vehicle Approach Noise system helps to alert pedestrians of the car's presence at low speeds. The Avalon Hybrid achieves a remarkable manufacturer-projected EPA-estimated range rating of 44 combined MPG.The 2021 Avalon also joins a growing list of Toyota models that offer a Nightshade Edition, a kind of factory custom without the custom price. No other sedan in Avalon's class offers such a wide range of choices. The 10 Avalon variations for 2021 include: V6 gas engine:XLE, XSE Nightshade, Limited, Touring and TRD grades Hybrid:XLE, XSE and Limited grades All-Wheel Drive:XLE and Limited grades Since the model was launched 26 years ago, the Toyota Avalon deftly balances premium midsize value with genuine luxury. The current Avalon mixes a bevy of Toyota-firsts such as available Dynamic Auxiliary Turn Signals and aluminum and authentic Yamaha wood cabin accents. Athletic handling imbues the Avalon with a sporty demeanor while preserving its luxury feel. This combination is made especially vivid with Adaptive Variable Suspension (AVS), standard on the Touring grade model.Going for A Custom LookFor the Avalon's fifth generationdesign, Toyota steered its flagship sedan down a more emotional road, with taut lines and a sleek, coupe-like silhouette made possible by the low-slung TNGA platform architecture.Compelling colors bring out the design's natural yet sophisticated drama.For the Avalon TRD performance model, a two-tone paint option features a black roof paired with either the Windchill Pearl or new Ice Edge body colors. Ice Edge replaces Supersonic Red, which now becomes available for the other Avalon grades. Midnight Black Metallic continues as a third choice for the 2021 Avalon TRD.Elsewhere in the Avalon line, the new Blueprint color replaces Parisian Night Pearl. Colors continuing for 2021 include Opulent Amber, Harbor Gray Metallic, Celestial Silver Metallic, and Ruby Flare Pearl.New interior colors include Cognac with Black in the XSE Hybrid and Touring, and, in the Limited, Black replaces Beige.Avalon drivers seeking a more extroverted look will find it in the new-for-2021 XSE Nightshade Edition based on the sporty 2020 XSE grade. To the XSE black grille, mirror caps, rear spoiler and name badges, the 2021 XSE Nightshade Edition adds black-painted 19-inch alloy wheels, black window trim and door handles and a black shark fin antenna. The Avalon XSE Nightshade is available in conjunction with the Midnight Black Metallic, Wind Chill Pearl and Celestial Silver Metallic exterior colors.Avalon All-Wheel Drive Gets A Grip on Slippery ConditionsThe 2021 Avalon debuts the first all-wheel drive option in the model's history, and Toyota estimates that it will account for 20 percent of Avalon sales. Available as a standalone option on the XLE and Limited grades, Dynamic Torque Control AWD is combined with the 2.5-liter Dynamic Force four-cylinder engine and teamed with an eight-speed Direct-Shift automatic transmission. This powertrain, with dual exhausts, produces 205 hp.Dynamic Torque Control AWD provides effective traction for inclement and slippery weather while minimizing AWD's typical drag on fuel economy. The system can direct up to 50 percent of engine torque to the rear wheels in response to acceleration from a start or slippage at the front wheels.When AWD isn't needed, the electromagnetically controlled coupling on the rear drive axle can disengage the propeller shaft to prioritize fuel efficiency. The AWD is designed to re-engage in an instant when needed, with operation that is transparent to the driver and passengers. Fuel economy for the Avalon AWD is exemplary, with manufacturer projected EPA-estimated range rating of 25 city / 34 highway / 28 combined MPG. Suspension tuning, wheels, and tires that differentiate the FWD Avalon model grades carry over to the AWD versions. Critically, the addition of AWD does not affect Avalon's passenger space, trunk room, ride comfort, cabin quietness, or agility.The XLE AWD adds a leather-wrapped heated steering wheel, which is already standard on Limited. The Avalon AWD is a North America-only model developed in the U.S. and is assembled exclusively at Toyota Motor Manufacturing, Kentucky. TRD: Racy Personality for the RoadTRD, short for Toyota Racing Development, first made its name in off-road truck racing and then also amassed a long string of victories and championships in rallying, IMSA GTO and GTP road racing, NASCAR, and NHRA Funny Car racing. The Avalon TRD model exemplifies TRD's holistic approach to performance development, which it has applied to all types of competition vehicles for 40+ years.The Avalon TRD is as refined and comfortable in its road manners as it is quick and agile. It's powered exclusively by Toyota's direct-injected, 301-horsepower DOHC 3.5-liter V-6. The Direct-Shift eight-speed automatic transmission features sport mode and paddle shifters. A TRD-tunedcat-back dual exhaust system expresses a more aggressive idle and acceleration sound.The engineers developed the Avalon TRD's dynamic characteristics through extensive testing. Thicker underbody braces increase torsional rigidity, and unique coil springs lower the Avalon TRD by 0.6 inches for a reduced center of gravity.The chassis is further enhanced with stiffer coil springs and stabilizer bars that increase roll stiffness by 44% in the front and 67% in the rear. Exclusive TRD shock absorbers complete the suspension modifications thatenhancebody control, handling agility, and steering precision. Special lightweight 19 x 8.5-inch matte-black alloy wheels typify the thoroughness of TRD chassis tuning, reducingunsprungmass by 18 pounds compared to the 19-inch wheels on the Avalon XSE grade.That makes a difference through the corners. New for 2021, the TRD offers the choice of summer-only tires for even greater handling capability. Avalon TRD's front brakes are larger with 12.9-inch diameter rotors and dual-piston calipers, compared to 12.0-inch rotors and single-piston calipers on the Avalon XSE. Brake performance is tuned to provide more direct feedback.The exclusive TRD aerodynamic body kit, which includes the front splitter, side aero skirts, trunk lid spoiler, and rear diffuser, blends bold styling elements while also improving high speed vehicle stability.Available exterior colors include new Ice Edge (exclusive to TRD), WindChill Pearl, and Midnight Black Metallic. Red pinstriping on the aero body elements complete Avalon TRD's design transformation.Inside, Avalon TRD features black SportSofTex-trimmed heated front seats with Ultrasuede inserts and red accents. Exclusive touches include red-stitched TRD embroidered headrests, a leather-wrapped steering wheel with red stitching, red seatbelts, a shift knob with an embossed TRD logo, and unique TRD floor and trunk mats.In addition to the new Ice Edge exterior color, black roof and available summer tires, the TRD adds a dramatic new startup animation in the multi-information display for 2021.Rewarding the Eyes, Cheating the Wind As sleek and slippery as the Avalon looks, the design is also highly functional. For example, the lateral vents at the front, the rear spoiler, and the substantial underbody panel coverage help to optimize aerodynamic efficiency and give Avalon a wind-cheating 0.27 coefficient of drag.That translates into higher fuel efficiency and lower wind noise. Connected, three-dimensional "aero fin" style LED taillamps emphasize the vehicle's width and "planted" stance.Differences among the Avalon grades are clear. A dark gray front grille with chrome border identifies the XLE and Limited versions. Both also feature machined-silver-colored LED headlight bezels, and body-color rearview mirror housings. Exclusive-design wheels range in diameter from 17 to 19 inches, plus chrome badges and dual exhaust tips.The XSE and Touring show a sportier character with a piano-black mesh grille, machine-finish and gloss-black wheels, as well as black outer mirror housings, headlight bezels, trunk lid spoiler, and exterior badging. For XSE, Touring and TRD, a grade-specific lower diffuser is set above and between quad tailpipes.Cockpit and CocoonSince its introduction a quarter-century ago, Avalon has specialized in providing outstanding outward visibility and interior roominess, and the new-generation design does not sacrifice those qualities. Thin pillars and the broad windshield create the wide, open feeling for passengers in the front and back. Rear seat roominess, long an Avalon hallmark, is illustrated by generous shoulder room (57.1 in.), leg room (40.3 in. for V-6; 40.4 in. for Hybrid/AWD), and head room (37.5 in. for V-6; 37.1 in. for Hybrid; 37.1 in. for AWD).Elegance emerges from simple and purposeful placement of amenities and controls, along with authentic materials including Yamaha-sourced wood trim, plus aluminum pieces for the arm rests accents, center console, and instrument panel. Soft-touch materials abound, along with piano-black and satin chrome-finish trim elements. Rear passengers are provided with air vents, available seat heaters, and USB charging ports.Cabin trim choices reflect each model grade's persona. The XLE features engineered wood trim, while Limited has genuine Yamaha wood trim. Aluminum trim adorns the TRD, Touring and XSE cabins. A combination ofluxurious perforatedSofTex and Ultrasuede wraps the seating in Touring and XSE and TRD; the XLE's SofTex -trimmed seats feature artistic vertical stitching, and Limited adds a special perforation and two-color stitches both unique to Toyota plus a distinctive quilt pattern to its premium leather seats.High Tech, Low Learning CurveThe Avalon integrates advanced tech with elegantly crafted luxury. A slim center stack houses the 9-inch Toyota Audio system, displaying audio and navigationand alsointegrating the automatic climate control system. Satin chrome-finish trim surrounds the center cluster panel that "floats" above the instrument panel.Below the panel, passengers have easy access to the slide-openeBincontaining a 12-volt plug and wireless Qi mobile device charger (Qi available on XLE grades and standard on all other grades. New for 2021, two versatile USB-C power ports replace USB-A ports in the front and rear console box. Supple padding lines both sides of the console's lower tunnel at knee height for additional comfort and bracing.Avalon's three-spoke steering wheel features smooth, satin chrome-finish accents and conveniently placed multifunction controls. The wheel can be wrapped in a two-tone leather-surface when outfitted in Cognac or Graphite interior colors.In the driver's line of sight, a 7-inch Multi-Information Display (MID) shows vehicle information, turn-by-turn navigation, and various vehicle settings. These include TSS-P functions and available Intelligent Clearance Sonar, Blind Spot Monitor with Rear Cross-Traffic Alert, and Head-Up Display.Avalon Hybrid grades feature the same central 7-inch screen, but to its left is a Hybrid System Indicator showing the vehicle's regeneration status in real time. Limited and Touring's standard color 10-inch Head-Up Display (HUD), the largest in the segment, projects critical information such as vehicle and engine speed, turn-by-turn directions, audio settings, and current drive mode onto the lower portion of the windshield.Start Your Engine with a SmartwatchAvalon XLE, XSE and TRD grades come with a standard Toyota Audio Plus eight-speaker system with Connected Navigation App and App Suite, featuring new in-vehicle third-party applications. The system's nine-inch capacitive touchscreen operates using smartphone-like pinch and flick gestures and features SiriusXM with 3-month All Access trial. For 2021, Android Auto compatibility joins Apple CarPlay, which was already standard on all grades. Toyota Premium Audio with JBL, standard in Limited and Touring and optional for others, features a sonically stunning 1,200-watt, 14-speaker sound system, the most speakers in the segment. Both systems can be equipped with embedded Dynamic Navigation.Connected Services include: Safety Connect with a 1-year trial period, and Service Connect with a 10-year trial period and Remote Connect with a 1-year trial. Wi-Fi Connect Powered by Verizon trial with up to 2GB within 3 months is subscription-free.Avalon also features Toyota's first integration of smartwatch or Amazon Alexa-enabled deviceconnectivity, as part of Toyota Remote Connect. The latter allows drivers to lock and unlock the car's doors, start the engine, or check fuel level, all from the convenience of an Apple Watch, compatible smartwatch or Amazon Alexa-enabled device. It is voice controllable and compatible with select Android or Apple devices.Premium Power, Exemplary EfficiencyThe front-wheel drive Avalon's 24-valve, DOHC 3.5-liter V-6 engine features Toyota's D-4S fuel injection system, which combines direct injection with supplemental port fuel injectors. In addition, the engine uses aVVT-iW(Variable Valve Timing-intelligent Wide) system for the intake, with VVT-ion the exhaust. The VVT-iWsystem can switch the engine to the Atkinson cycle, which reduces pumping losses by delayed closing of the intake valves, helping to reduce fuel consumption.Output for the V-6 is 301 horsepower at 6,600 rpm and 267 lb.-ft. of peaktorque at4,700 rpm. Thanks to Toyota's innovative engine tech, the powerful V-6 Avalon models returnexemplary fuel efficiency: manufacturer projected EPA-estimated range rating of 22 city/32 highway/26 combined MPG for the XLE grade, and 22/31/25 for all other grades.The XLE, XSE, TRD and Limited grades have a three-level drive mode selection (ECO, NORMAL, SPORT), while Touring grades feature four-level drive mode selection, including ECO, NORMAL, SPORT/ SPORT+, and CUSTOM.With SPORT+ mode activated, occupants hear a concert of exciting, natural sounds conveyed through an exhaust system with sport-modified baffles, an Intake Sound Generator (ISG), Active Noise Control (ANC), and Engine Sound Enhancement (ESE). All can be switched off to enjoy the serenity of Avalon's serene interior.That quietness is assured by the TNGA-K platform's expansive use of sound insulation, which includes additional seals where the front fenders meet the front doors and where the doors merge at the B-pillars. More sound absorption material is found in the engine bay, within the carpet pad, under the floor, and in the wheel well liners. The shape of the exterior rearview mirrors not only reduces aerodynamic drag, but also wind noise.The new Avalon AWD option is teamed with the 2.5-liter Dynamic Force four-cylinder engine, which employs a very high compression ratio (13:1) and D-4S fuel injection. The engine is chock-full of Toyota's most advanced technologies, including Dual VVT-i Variable Valve Timing intelligent system by Electric motor (VVT-iE) and laser-clad valve seats. Output is 205 hp at 6,600 rpm and 185 lb.-ft. of peak torque at 4,600 rpm.Eight Gears, Smooth ShiftingAvalon V-6 and AWD models are equipped with the Direct Shift eight-speed automatic transmission that delivers satisfyingly smooth, quick-shifting for a remarkable blend of performance and refinement. The close mid-range ratios improve passing performance, while the wide range of torque converter lock-up yields a more direct driving feel and contributes to fuel efficiency. Steering wheel-mounted paddle shifters are standard on TRD, XSE and Touring. When downshifting, the transmission automatically "rev-matches" for smoother shifts.Avalon Hybrid: The Most Fuel-Efficient Avalon EverThe 2021 Avalon Hybridmanufacturer-projected EPA-estimatedfuel economy range rating is expected to be the envy of a subcompact car: 43 city/44 highway/44 MPG combined for XLE Hybrid (43/43/43 MPG for other Hybrid grades).The advanced Toyota Hybrid System (THS II) combines the output of a specially engineered version of the 2.5-liter Dynamic Force four-cylinder engine and an electric motor (MG1). That motor and a second motor (MG2) charge the hybrid battery pack.The super-smooth inline four uses an even higher compression ratio (14:1) than in the AWD models and employs a variable cooling system, cooled exhaust gas recirculation (EGR) system, and a full variable oil pump. Total hybrid system output is 215 hp. On the Hybrid XSE, SequentialShiftmatictechnology allows the driver to "shift" the electronically controlled continuously variable transmission (ECVT). It mimics a quick-shifting six-speed automatic transmission via paddle shifters or with the console-mounted shift lever.The TNGA-K platform's packaging allows the Lithium-ion battery pack to be installed beneath the rear seat for no sacrifice in trunk capacity over the gas Avalon models. The Avalon Hybrid models feature NORMAL, ECO, EV, and SPORT drive system modes. SPORT mode livens the Hybrid's performance feel by allowing quicker acceleration response. Finally, for hyper-milers seeking the highest fuel efficiency, Avalon Hybrid includes the clever Auto Glide Control (AGC) system, which essentially gives the car a coasting feature. When activated, AGC limits the loss of vehicle speed through engine braking, acting more like a neutral gear to allow longer coasting. An AGC indicator light illuminates on the multi-information display to alert the driver of reduced engine braking.Smooth Rider, Sharp HandlerThe Avalon's multi-link rear suspension is key to its positive performance attributes, such as a wider rear track, lower center of gravity, and an assertive stance. The XSE and Touring grades feature sport-tuned suspension, while the Touring also adds exclusive Adaptive Variable Suspension (AVS), an electronically controlled damping system usually seen on luxury models.AVShelps to increasecontrollability and handling agility without sacrificing one for the other. The setup reduces Avalon's posture fluctuations under hard or sudden directional changes, limits body movements, and yet absorbs road undulations for a comfortable, flat ride.Levels of AVS damping force are continuously variable through a range of up to 650 steps. Changes in solenoid force on each shock absorber that restrict fluid flow and, thus, damping, occur in an incredible 20 milliseconds.The driver can adjust Avalon's ride feel with the push of a button: NORMAL mode prioritizes comfort, while SPORT+ emphasizes tauter handling without diminishing ride suppleness. SPORT+ also amplifies Avalon's driving spirit by quickening throttle response, increasing feedback in the Electronic Power Steering (EPS) and enhancing engine sound in the cabin.Standard Toyota Safety System-PAll Avalon models come standard with the Toyota Safety Sense-P (TSS-P) suite of active safety systems that includes: Pre-Collision System with Pedestrian Detection Dynamic Radar Cruise Control Lane Departure Alert with Steering Assist Automatic High Beams Blind Spot Monitor with Rear Cross Traffic Alert and Intelligent Clearance Sonar with Rear Cross Traffic Braking are also available.In addition to the standard backup camera, Avalon offers the available Bird's Eye View Camera with Perimeter Scan. The system uses front- side-, and rear-mounted cameras to display a composite view as seen from above. All 2021 Avalon models are equipped with 10 standard airbags and Toyota's Star Safety System, which includes Enhanced Vehicle Stability Control, Traction Control, Electronic Brake-force Distribution, Brake Assist, Anti-lock Braking System, and Smart Stop Technology.Assembled with Pride in KentuckyThe fifth-generation Avalon is a collaborative development by Toyota's U.S.-based design, engineering, and manufacturing entities at Calty Design Research Inc. (Calty) in Ann Arbor, Michigan; Toyota Motor North America Research and Development (TMNA R&D) in Saline, Michigan; and Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) in Georgetown, Kentucky. The latter has been Avalon's sole manufacturing home for more than two decades. AllAvalonssold in America and around the globe are assembled there by proud team members.Limited Warranty andToyotaCareToyota's 36-month/36,000 mile basic new-vehicle warranty applies to all components other than normal wear and maintenance items.Additional 60-month warranties cover the powertrain for 60,000 miles and corrosion with no mileage limitation.On the Avalon Hybrid grades, all HV components are covered under the Hybrid System Warranty for 8 years/100,000 miles. Additionally, the hybrid battery warranty is now 10 years/150,000 miles, whichever comes first. The Avalon also comes standard with ToyotaCare, a plan covering normal factory-scheduled maintenance and 24-hour roadside assistance for two years or 25,000 miles, whichever comes first.About Toyota Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and assembly of more than 38 million cars and trucks in North America, where we have 14 manufacturing plants, 15 including our joint venture in Alabama (10 in the U.S.), and directly employ more than 47,000 people (over 36,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold 2.8 million cars and trucks (2.4 million in the U.S.) in 2019.Through the Start Your Impossible campaign, Toyota highlights the way it partners with community, civic, academic and governmental organizations to address our society's most pressing mobility challenges. We believe that when people are free to move, anything is possible. For more information about Toyota, visitToyotaNewsroom.com.Media Contacts:Zachary Reed469-292-3499[emailprotected] Note to Editors: Photos and b-roll can be found on ToyotaNewsroom.comFor customer inquiries, please call: 800-331-4331SOURCE Toyota Related Links http://www.toyotanewsroom.com
First-Ever All-Wheel Drive and XSE Nightshade Edition Highlight Changes for 2021 Toyota Avalon English USA - espaol
CHICAGO, July 13, 2020 /PRNewswire/ -- According to the new market research report "Armored Vehicles Marketby Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), Mobility (Wheeled, Tracked), System (Engine, Drive Systems, Ballistic Armor, C2 Systems, Mode of Operation, Region - Global Forecast to 2025", published by MarketsandMarkets, the Armored Vehicles Marketsize is projected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a CAGR of 5.8% from 2020 to 2025. Increasing demand for armored vehicles due to the rise in the instances of cross-border conflicts and increasing incidences of asymmetric warfare across the globe are major factors driving the growth of the armored vehicles market. Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6322755 "Based on the platform, the combat vehicles segment is expected to lead the armored vehicles market during the forecast period." Based on the platform, the armored vehicles market has been segmented into combat vehicles, combat support vehicles, and unmanned armored ground vehicles. The unmanned armored ground vehicle segment is projected to grow at the highest CAGR during the forecast period. Increasing demand for unmanned systems in battlefields is fueling the growth of this segment of the market. "Based on mobility, the wheeled segment of the armored vehicles market is projected to grow at a higher CAGR as compared to the tracked segment from 2020 to 2025." Based on mobility, the market has been segmented into wheeled and tracked. The wheeled segment is projected to grow at a higher CAGR as compared to the tracked segment during the forecast period. Increased demand for 4x4 light armored vehicles by military forces to carry outIntelligence, Surveillance, and Reconnaissance(ISR) activities and transport defense personnel and equipment from one location to another is fueling the growth of this segment of the market. "The North American region is projected to lead the armored vehicles market during the forecast period." The North American region is projected to lead the armored vehicles market from 2020 to 2025. The growth of the market in this region can be attributed to the increasing investments being made by countries of the region to develop highly advanced and scalable armored vehicles with strong ballistic capabilities. These investments are mainly driven by the US, which is issuing contracts for the development and launch of new products. The US is also procuring light armored vehicles in large numbers and is also upgrading its fleet of main battle tanks and armored fighting vehicles with lethal capabilities. The continuous involvement of the US in various conflicts across the globe has increased the demand for armored vehicles in the North American region. Browsein-depth TOC on"Armored Vehicles Market"341 Tables 72 Figures 327 Pages Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=6322755 Major players operating in this market include Oshkosh Corporation (US), UralVagonZavod (Russia), Ukroboronprom (Ukraine), General Dynamics Corporation (US), BAE Systems plc (UK), NORINCO (China), Rheinmetall AG (Germany), and Textron Inc. (US). The report segments and analyzes the armored vehicles market based on platform (combat vehicles, combat support vehicles, and unmanned armored ground vehicles), mobility (wheeled and tracked), system (engines, drive systems, ballistic armor, turret drives, fire control systems, armaments, countermeasure systems, Command & Control (C2) systems, power systems, navigation systems, ammunition handling systems, observation & display systems, and hulls/frames). It maps these segments and subsegments across five major regions, namely North America, Europe, Asia Pacific, the Middle East, and the Rest of the World (RoW). Related Reports: Artillery Systems Market by Type (Howitzer, Mortar, Anti-air, Rocket), Component (Gun Turret, Engine, Fire Control System, Ammunition Handling System, Chassis, Auxiliary System), Caliber (Small, Medium, Heavy), Range, Region - Global Forecast to 2022 Turret System Marketby Platform (Land, Naval, Airborne), Type (Manned, Unmanned), Component (Turret Drive, Turret Control Unit, Stabilization Control), and Region - Global Forecast to 2022 About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected]Visit Our Web Site: https://www.marketsandmarkets.comResearch Insight : https://www.marketsandmarkets.com/ResearchInsight/armored-vehicle-market.asp Content Source : https://www.marketsandmarkets.com/PressReleases/armored-vehicle.asp SOURCE MarketsandMarkets
Armored Vehicles Market Worth $15.4 Billion by 2025 - Exclusive Report by MarketsandMarkets
LAS VEGAS, Dec. 9, 2020 /PRNewswire/ --Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2020. "Over the course of the last several weeks, we have seen a deceleration of bookings coupled with an increase in cancellations related to recent surges in COVID-19 cases and new travel restrictions," stated Drew Wells, vice president of revenue. "Average daily bookings were roughly $3 million during the month of October, whereas November daily bookings averaged roughly $2.2 million. There continues to be a divergence in terms of strength between peak travel periods and non-peak periods, with peak days showing far more resiliency, a trend expected to hold through the Christmas holiday. We continue to approach demand as we have since the onset of the pandemic by maintaining a wide selling presence and cutting capacity as dictated by demand trends. Despite recent booking weakness, fourth quarter capacity reductions are still expected to be roughly 15 percent as compared with prior year." Scheduled Service November 2020 November 2019 Change Passengers 682,976 1,101,346 (38.0%) Revenue passenger miles (000) 596,377 962,614 (38.0%) Available seat miles (000) 1,034,482 1,197,831 (13.6%) Load factor 57.6% 80.4% (22.8pts) Departures 6,940 8,189 (15.3%) Average stage length (miles) 861 857 0.5% Total System* November 2020 November 2019 Change Passengers 692,327 1,129,065 (38.7%) Available seat miles (000) 1,065,731 1,255,381 (15.1%) Departures 7,201 8,739 (17.6%) Average stage length (miles) 854 841 1.5% *Total system includes scheduled service and fixed fee contract. System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs. Fixed fee flying is better measured through dollar contribution versus operational statistics. Preliminary Financial Results $ per gallon November 2020 estimated average fuel cost per gallon system $1.39 Allegiant Travel Company Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with premier leisure experiences - from vacations to hometown family entertainment. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinationswith all-nonstop flights and industry-low average fares. Today, Allegiant's all-Airbus fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us atAllegiant.com. Media information, including photos, is available athttp://gofly.us/iiFa303wrtF ALGT/G Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility. For further information please visit the company's investor website: http://ir.allegiantair.com Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release. Allegiant Media Contact: Investor Inquiries: Hilarie Grey Sherry Wilson email: [emailprotected] email: [emailprotected] SOURCE Allegiant Travel Company Related Links http://www.allegiantair.com
Allegiant Reports November 2020 Traffic
NEW YORK, Oct. 5, 2020 /PRNewswire/ -- Live entertainment and brand experience company Superfly snags former Momentum Worldwide Executive Richard Black for the role of President and General Manager of its agency business. The move bolsters Superfly's leadership team with an accomplished ad industry pro during a time when the company is expanding the agency side of its business. Black will leverage his expertise in leading an agency to build clients' brands and their businesses through creativity, community and innovative work. This is a new role at Superfly and will report to co-founder Rich Goodstone. "Richard has the skill set and deep expertise we've been looking for to lead our agency business," said Rich Goodstone, co-founder of Superfly. "As we continue to advance the company's growth, Richard will play a pivotal role in shaping our agency offering at the intersection of culture, community, and commerce. We're thrilled to have him on our team." Black brings a diverse skill set and expertise within experiential, sponsorship, entertainment, shopper, content, digital and social landscapes within business-to-consumer and business-to-business and has held management and leadership roles on both agency and client sides of the business. "We're at a turning point and there's no better time to reshape how the world plays & connects. Brands are looking for partners who can help them navigate their shifting priorities and create new business models that maximize ROI by earning the trust, advocacy and spend of their customers through brand experiences," said Richard Black, President & General Manager, Superfly. "Superfly was born experiential. Webuild communities and fandoms around brands through thought-provoking and cutting edge ideas that drive business results.I'm honored to join this talented team during these transformative times and am looking forward to shaping the future and redefinition of experiential." During his tenure at global experiential agency Momentum Worldwide, Black held numerous executive leadership positions including CGO, CMO and GM of the flagship New York office. Black modernized the agency's brand vision across all communication channels and increased client acquisition year-over-year, as well as achieved unprecedented New York office growth while leading over 200+ associates. Black set the standard for business leadership with a client roster including Fortune 100 brands like American Express, Verizon, Samsung, facebook, Porsche, Google, SAP, and more. Black begins in his new role at Superfly immediately and will be based in the New York headquarters. About SuperflySuperfly is a live entertainment and brand experience company shaping how the world plays and connects. Founded in 1996, Superfly's expertise is building cultural experiences with a distinct identity, such as the iconic Bonnaroo Music & Arts Festival, Outside Lands and The FRIENDS Experience that are equally desired by brands and destinations for fans. Additionally, Superfly strategically helps brands establish and raise their profile through programming, design, digital, social, influencer and experiential platforms. Superfly is headquartered in New York. Learn more at http://superf.ly/, and follow Twitter @Superfly, Facebook www.facebook.com/superflyand Instagram @superflypresents. SOURCE Superfly Related Links https://superf.ly
Superfly Names Richard Black President, General Manager Former Momentum Worldwide Executive Tapped to Lead Agency Business
ATLANTA, Feb. 25, 2021 /PRNewswire/ -- Church's Chicken, one of the largest quick-service restaurant chicken chains in the world, recently recognized top performers across their domestic restaurant system during the year 2020. Individual awards were distributed to 34 team members, including Market Leader of the Year, Top Scorecard Performance, Regional General Manager of the Year, and others. Juan Zapata of Harlingen, TX received the distinctive honor of Market Leader of the Year. The awards are traditionally distributed at the company's annual ELC Conference, but was conducted virtually this year in consideration of COVID-19. "Our people play such a vital role in our organization and it gives us great pride to be able to recognize their achievements," said Pete Servold, EVP of Franchise and Company Operations with Church's Chicken. "The individuals who we honored with the 2020 awards demonstrated that despite a challenging year, they were able to continue to shine and lead by their exemplary performance and dedication. These team members are outstanding representatives of the Church's brand and Our Texas Way." Other top recognitions were awarded to Santos Alvarado for Top Scorecard Performance, and Regional General Manager of the Year was awarded per zone, Zone 1 - Vanessa Martinez (Edinburg, TX) and Zone 2 - Meshanda Varnado (Hammond, LA). Team members were recognized for their sales, customer service, and operational performance. In addition to receiving a trophy, individuals were also awarded a $200 gift card. The following were the 2020 Church's award recipients. Top Profits RGM* and ML*: Zone 1 - RGM Maria Flores (San Benito, TX) ML Santos Alvarado (Pharr-San Juan-Alamo, TX) Zone 2 - RGM Danaisa Chance (Albany, GA) ML Kirt Coleman (New Orleans, LA) Top 3 - Highest Sales: Zone 1 - Maria Flores (San Benito, TX) Jose Marrero (Alamo, TX) Alex Garcia (Rio Grande, TX) Zone 2 - Danaisa Chance (Albany, GA) Kathleen Wilson (Selma, AL) Delores Givens (Augusta, GA) Market Leader Highest Average Unit Volume: Zone 1 - Eduardo Mederos (Miami, FL) Zone 2 - Kirt Coleman (New Orleans, LA) People Award: Zone 1 - ML Miguel Luna (Weslaco, TX) RGM Olga Aguirre (Mission, TX) Zone 2 - ML Ardie Taylor (Birmingham, AL) RGM Kathleen Wilson (Selma, AL) Most Improved: Zone 1 - ML Ali Irtiza (Memphis, TN) Zone 2 - ML Mose Walker (Montgomery, AL) "Our Texas Way": Zone 1 - ML Fernando Rangel (Mission/RGC, TX) Zone 2 - ML Andres Lopez (Baton Rouge, LA) Highest Overall Satisfaction: Zone 1 - ML Oscar Andrade (Brownsville, TX) RGM Josie Gutierrez (Hidalgo, TX) Zone 2 - ML Mose Walker (Montgomery, AL) RGM Joshua Martin (Spartanburg, SC) Speed of Service: Zone 1 - ML Oscar Andrade (Brownsville, TX) RGM Josie Gutierrez (Hidalgo, TX) Zone 2 - ML Mose Walker (Montgomery, AL) RGM Joshua Martin (Spartanburg, SC) Highest Average Unit Volume "Off-Premise" Sales: Zone 1 - ML Tim Ovind (Tampa, FL) Zone 2 - Tresa Ray (St. Louis, MO) *ML = Market Leader; RGM = Regional Market Manager "This year, we added the Our Texas Way award to recognize team members who embody the culture of our organization, which centers on people, community, and service to others," added Servold. "We applaud each of these individuals and are incredibly grateful for all their efforts." For more information about Church's Chicken, visit www.churchs.com or follow their Facebook and Instagram pages. About Church's Chicken Founded in San Antonio, Texas, in 1952 by George W. Church, Church's Chicken is one of the largest quick-service restaurant chicken chains in the world. Church's specializes in Original and Spicy Chicken freshly prepared throughout the day in small batches that are hand-battered and double-breaded, Chicken Sandwich, Texas Tenders, Honey-Butter Biscuits made from scratch and freshly baked, and classic, homestyle sides all for a great value. Church's (along with its sister brands Church's Texas Chicken in the Americas and Texas Chicken outside the Americas) has more than 1,500 locations in 26 countries and international territories. During two national media windows the brand drove sales performance that outpaced the broader QSR category. For more information, visit www.churchs.com. Follow Church's on Facebook at www.facebook.com/churchschicken and Twitter at www.twitter.com/churchschicken Contact: Kim Miller866.571.3449[emailprotected] SOURCE Church's Chicken Related Links https://www.churchs.com/
Church's Chicken Spotlights Top Restaurant Performers from 2020
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 (a) Full name of discloser: Voya Investment Management (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Take-Two Interactive Software Ticker: TTWO ISIN: US8740541094 (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure (24th November, 2020) (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A YES Codemasters Group Holdings PLC 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) Class of relevant security: Ordinary Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: 1,254,337 1.090 (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL: 1,254,337 1.090 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 Class of relevant security Purchase/sale Number of securities Price per unit ORDINARY SHARES ORDINARY SHARES ORDINARY SHARES ORDINARY SHARES BUY SALE SALE SALE 118 86 6546 48257 $171.1000 $169.4856 $167.7950 $169.3393 (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (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 Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 11/25/20 Contact name: Salvatore DiCostanzo Telephone number: 212-309-8446 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.
Form 8.3 - Take Two Interactive Software
WALL, N.J., Oct. 19, 2020 /PRNewswire/ -- Student Transportation of America (STA), a leader in school transportation, safety and fleet services, is celebrating the National Association for Pupil Transportation's (NAPT) National School Bus Safety Week beginning today and running through October 23, 2020. NAPT's annual campaign is an active and evolving public education program and an excellent way for parents, students, teachers, motorists, school bus operators, school administrators, and other interested parties to join forces and address the importance of school bus safety. This year's theme is "Red Lights Mean STOP!" "STA and our entire family of companies puts safety first in all that we do, and School Bus Safety Week gives us the opportunity to further engage with the customers and communities we serve," said Shelly Hall, Vice President of Health and Safety for STA. "While we continue to support the NAPT's theme of "Red Lights Mean STOP!" by continuously training our employees to safely navigate intersections and to focus on the importance of preparing for light changes as they approach an intersection, this year we also have a new focus on on-bus safety. STA has taken a leadership role with the creation of our COVID Task Force, which developed and implemented a breadth of safety processes, policies and protocols to address the challenges of going back to school during the COVID-19 pandemic. We are proud of the steps we have taken to ensure the safety of our employees and the students we transport." STA Celebrates National School Bus Safety Week and Debuts Informational Website, "Working Together to Stay Safe." Tweet this In conjunction with the start of National School Bus Safety Week, STA has launched a new website, "Working Together to Stay Safe." The site is dedicated to providing customers and students with timely COVID-19 resources to help promote the teamwork needed to provide the safe and reliable student transportation for which STA is known. Resources include student-focused information for classrooms and school hallways, and bus-focused information and resources to help students become familiar with the new bus environment and changes necessary to ensure everyone is safe in response to the pandemic. Additionally, fun and engaging print outs are available for students that encourage everyone to "work together to stay safe." "Our new 'Working Together to Stay Safe' website truly highlights STA's commitment to the health and safety of our employees, passengers and customers, while remaining committed to transporting the more than 1.25 million students who depend on us to safely get to and from school," said Hall. "We are thrilled to launch it in conjunction with NAPT's School Bus Safety Week and hope customers and parents see it as an helpful resource."To learn more about Student Transportation of America and its family of companies, please visitwww.RideSTA.com.About Student Transportation of America Founded in 1997, Student Transportation of America (STA) is an industry leader in school transportation, safety and fleet services. STA operates more than 16,000 vehicles, providing customers with the highest level of safe and reliable student transportation, management, logistics and technology solutions throughout the U.S. and Canada. Services are delivered by drivers, dispatchers, maintenance technicians, managers, information technology professionals and others, who are caring members of their local communities. For more information, please visit www.rideSTA.com.SOURCE Student Transportation of America Related Links http://www.rideSTA.com
Student Transportation of America Celebrates National School Bus Safety Week and Debuts Informational Website, "Working Together to Stay Safe"
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (Scott+Scott), an international shareholder and consumer rights litigation firm, is investigating whether Berry Corp. (Berry or the Company) (NASDAQ: BRY) or certain of its officers and directors violated federal securities laws. If you purchased Berry securities pursuant and/or traceable to Berrys initial public offering (IPO) in July 2018, you are encouraged to contact Scott+Scott attorney Jonathan Zimmerman at (888) 398-9312 for more information. Berry is an independent upstream energy company that is engaged in the development and production of conventional oil reserves located in the Western United States. Most of the Companys assets are located in the San Joaquin basin in California. On or about July 27, 2018 Berry commenced an IPO, issuing 13,043,479 shares of common stock to the investing public at $14 per share. On October 5, 2020, Berrys shares closed at $3.47, a decline of over 75% from the Companys $14 IPO price. What You Can Do If you purchased Berry securities, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312, or at jzimmerman@scott-scott.com, or visit the Berry investigation page on our website at https://scott-scott.com/investigation/berry-corp/. About Scott+Scott Attorneys at Law LLP Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio. Attorney Advertising
Scott+Scott Attorneys at Law LLP Announces Investigation into Berry Corp. (BRY)
LINCOLNSHIRE, Ill., Dec. 14, 2020 /PRNewswire/ -- Combining its core competencies in robotics, artificial intelligence and autonomous vehicles with a deep understanding of customer needs, LG Electronics announced that it is developing an autonomous robot that will use ultraviolet (UV-C) light to disinfect high-touch, high-traffic areas. LG Business Solutions USA plans to offer the UV robot to U.S. hospitality, education, corporate, retail, restaurant, and transportation customers in early 2021. (PRNewsfoto/LG Business Solutions USA) (PRNewsfoto/LG Business Solutions USA) "We hope LG's first UV disseminating robot will give our customers, and in turn their customers, peace of mind," explained Michael Kosla, vice president, LG Business Solutions USA. "Whether it's hotel guests, students in classrooms or patrons of restaurants and other businesses, they can rest assured that the LG autonomous UV robot will help reduce their exposure to harmful bacteria and germs," he said. To be officially unveiled at Digital CES 2021, LG's new robot is expected to enable a new standard of hygiene by helping to disinfect high-touch, high-traffic areas. Because of its autonomous design, the robot will be able to move easily around tables, chairs and other furniture, generally irradiating a room's touchable surfaces in 15 to 30 minutes, disinfecting multiple areas on a single battery charge. Engineered to be easy to operate, the robot can be integrated into established cleaning routines without requiring extensive staff training or specialists to operate it.Staff will be able to monitor progress via remote updates to smartphones or tablets. Employee exposure to UV rays will be minimized through a built-in safety lock activated by human motion detection sensors, pressing of an emergency stop button or via the mobile application. "A higher level of disinfection is going to become the new customer expectation in the new contactless economy where we now all live, work, learn and play," Kosla said. "LG is bringing to bear its expertise in robotics, artificial intelligence and autonomous vehicles for creative solutions like this to meet specific customer requirements."This is the first in a series of new LG CLOi autonomous robots planned for introduction in the United States during 2021.For high-res images, click here.EDITOR'S NOTE: UV-C covers wavelength spectrum between 100 and 280nm. Actual disinfecting time will be based on room size. Motion detection sensors are effective up to a 16-foot radius. About LG Business Solutions USAThe LG Electronics USA Business Solutions division serves commercial display customers in the U.S. lodging and hospitality, digital signage, systems integration, healthcare, education, government and industrial markets. Based in Lincolnshire, Ill., with its dedicated engineering and customer support team, LG Electronics USA Business Solutions delivers business-to-business technology solutions tailored to the particular needs of business environments. LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a $53 billion global force in consumer electronics, mobile communications, home appliances and air solutions. LG is a 2020 ENERGY STAR Partner of the Year-Sustained Excellence. For more information, please visit www.LGSolutions.com.SOURCE LG Business Solutions USA
LG Announces Autonomous Robot With Disinfecting UV Light For Various B2B Applications Newest Addition to LG's CLOi Family of Robots Will Help Hotels, Schools, Offices, Restaurants and Retailers Deliver Peace of Mind
NEW YORK, March 26, 2020 /PRNewswire/ --The Global Military Ground Vehicle Propulsion System Market Anticipated to Reach to $17.31 Billion by 2030 Read the full report: https://www.reportlinker.com/p05877934/?utm_source=PRN Key Questions Answered in this Report: What are the trends in the global military ground vehicle propulsion system market across different regions? What are the major driving forces that tend to increase the demand for military ground vehicle propulsion system during the forecast period 2020-2030? What are the major challenges inhibiting the growth of the global military ground vehicle propulsion system market? What are the major technological advancements that drive the global military ground vehicle propulsion system market growth? What is the average price of military ground vehicle propulsion system by technology (hybrid, electric, conventional, plug-in-hybrid electric) in 2020, and what is it expected to be in 2025, and 2030? Which technology (hybrid, electric, conventional, plug-in-hybrid electric) is expected to dominate the military ground vehicle propulsion system market in the coming years? What is the total revenue generated in global military ground vehicle propulsion system market by vehicle type in 2019 and what are the estimates by 2030? Which application of military ground vehicle propulsion system (combat support, mining, explosive ordinance disposal (EOD), intelligence, surveillance and reconnaissance (ISR), logistics and support, and others) is expected to dominate the market in the coming years? What was the total revenue generated by the global military ground vehicle propulsion system market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, and what are the estimates by 2030? Who are the key players in the global military ground vehicle propulsion system market, and what are the new strategies adopted by them to make a mark in the industry? What major opportunities do the military ground vehicle propulsion system companies foresee in the next five years? What are the major ongoing defense programs that are expected to lead to an increase in the adoption of global military ground vehicle propulsion system in the upcoming years? What is the competitive strength of the key leading players in the military ground vehicle propulsion system market?Global Military Ground Vehicle Propulsion System Market ForecastThe military ground vehicle propulsion system industry analysis projects the market to grow at a significant CAGR of 5.89% on the basis of value during the forecast period from 2020 to 2030. North America dominated the global military ground vehicle propulsion system with a share of 32.60% in 2019.In North America, the U.S. acquired a major market share in 2019 owing to the massive demand for advanced military vehicles to conduct expeditionary operations with little or no warning by the U.S. armies. The U.S. government is procuring remote controlled robotic vehicles for carrying ammunitions, water and other heavy combat necessities for armed forces through squad multipurpose equipment transport (SMET) programme.Such programmes enable the manufacturers to develop robotic and autonomous systems with hybrid and electric propulsion systems at faster pace for Army brigade combat teams (BCTs) and in turn leverage significant market share in military ground vehicle propulsion system market.The global military ground vehicle propulsion system has gained widespread importance owing to increasing conflicts, political instability, and terrorism activities, coupled with increasing border instability which in turn force countries to strengthen their military ground vehicle capabilities. However, limited range and long charging time required by electric, hybrid-electric or plug-in hybrid electric vehicles are some of the factors that are restraining the market growth.Expert Quote"Innovation in military ground vehicles is gradually taking shape, exploring advanced power options including hydrogen fuel cells, electric engines, and hybrid-electric engines. Civilian manufacturers and automotive engineers from defense organizations are discovering such innovative engine designs to provide additional benefits to militaries in range, reliability and fuel consumption."Scope of the Global Military Ground Vehicle Propulsion System MarketThe military ground vehicle propulsion system market research provides detailed market information for segmentation on the basis of technology, vehicle type, application, and regions. The purpose of this market analysis is to examine the military ground vehicle propulsion system outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.The report further takes into consideration the market dynamics and the competitive landscape along with the detailed financial and product contribution of the key players operating in the market.Market SegmentationThe conventional propulsion system dominated the global military ground vehicle propulsion system in 2019 owing to high level dependence of the armies on diesel fuels for their vehicles to run. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the industry that is analyzed. The report also analyzes different vehicle types that include armored fighting vehicle (AFV), combat tanks, self-propelled artillery and small robot UGVs.In the application segment, the market is segmented into mining, explosive ordnance disposal (EOD), intelligence, surveillance and reconnaissance (ISR), logistics & support, combat support, and others.The military ground vehicle propulsion system is segregated on the basis of five major regions, namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Data for each of these regions (by country) has also been provided in the report.Key Companies in the Global Military Ground Vehicle Propulsion System IndustryThe key market players in the global military ground vehicle propulsion system include General Dynamics, QinetiQ Group, Israel Aerospace Industries (IAI), BAE Systems, Lockheed Martin, Northrop Grumman Corporation, Oshkosh Corporation, Harris Corporation, Rheinmetall AG, Epsilor-Electric Fuel Ltd, Leonardo S.p.A, Cummins Inc, Caterpillar Inc, General Motors Company, and MTU Friedrichshafen GmbH.Countries Covered North America U.S. Canada Europe U.K. Germany France Italy Russia Rest-of-Europe Asia-Pacific China Japan India South Korea Rest-of-Asia-Pacific Middle East and Africa GCC Countries Israel South Africa Turkey Rest-of-Middle East and Africa Latin America Brazil Mexico Rest-of-Latin AmericaRead the full report: https://www.reportlinker.com/p05877934/?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 Military Ground Vehicle Propulsion System Market: Focus on Technology, Vehicle Type, Application, and Region - Analysis and Forecast, 2019-2030
SCOTTSDALE, Ariz., Nov. 18, 2020 /PRNewswire/ --Altos Digital, a provider of ecommerce software and services, announced today that it has become a Certified Vendor with CDK Global's Lightspeed Dealership Management System (DMS). This certification enables Altos Digital's ecommerce applications to integrate with the CDK Lightspeed EVO platform to provide Powersports, RV, and Marine dealers a streamlined connection between systems for selling online. Continue Reading Altos Digital is a CDK Global Lightspeed Certified Vendor "Powersports, RV, and Marine dealers using Lightspeed DMS and Altos Digital's software applications can easily sell parts and accessories online with this integration," said Ray Lucchesi, Altos Digital founder. "Dealers want greater efficiency as they grow revenue. This solution enables dealers to pursue higher sales with applications that use direct, secure, and automated ways of transmitting data." Altos Digital supplies software and services to help merchants sell online. The company makes it easy for businesses to sell multi-channel across ecommerce platforms with software automation, expertise, and support. About CDK GlobalWith more than $2 billion in revenues, CDK Globalis a leading global provider of integrated information technology and digital marketing solutions to the automotive retail and adjacent industries. Focused on enabling end-to-end automotive commerce, CDK Global provides solutions to dealers in more than 100 countries around the world, serving approximately 30,000 retail locations and most automotive manufacturers. CDK solutions automate and integrate all parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair, and maintenance of vehicles. Visit cdkglobal.com.About Altos DigitalAltos Digitalis an ecommerce agency with software and services to help businesses sell products online and multi-channel across platforms.The company helps its clients grow online revenue through websites, marketplaces, digital marketing, data optimization, data integrations, and other innovative solutions.Altos Digital serves customers globally across a variety of industries and product categories. The specialized services for selling on marketplaces like Amazon and eBay are under the brand Channel Bloom. For additional information please visit https://www.altosdigital.com/ and https://www.channelbloom.com/.Media Contact:Mary Potter480-656-4505[emailprotected]SOURCE Altos Digital Related Links https://www.altosdigital.com/
Altos Digital Announces Integration with CDK Global's Lightspeed DMS
CHICAGO, Nov. 16, 2020 /PRNewswire/ -- AELF FlightService has entered the wide-body wet leasing and ACMI charter market, with its first Airbus A330-200 aircraft, MSN 700, now available for work in passenger and auxiliary cargo configuration.This is the first of four A330-200 aircraft that the company plans to introduce into service by the end of the year (MSNs 871, 466 and 472 to follow). The company, which has a commonly owned portfolio of commercial aircraft on long-term lease to airlines, now offers a full range of products including individual freight or passenger charters and interim ACMI, in addition to multi-year dry leases. Continue Reading AELF FlightService MSN 700 is now available for passenger or freight ACMI and charter service. AELF FlightService, which has been in the dry leasing business for nearly 6 years as Presidio Aircraft Leasing, has recently re-branded with the addition of the wet leasing service.The aircraft will be operated in a strategic partnership with Malta-based Maleth Aero.Maleth Aero, which was formed in 2011, holds an EASA-approved Air Operator Certificate, and will operate for AELF FlightService as a fully integrated team. "For nearly a decade, we've operated aircraft for governments, airlines, freight carriers, the music industry, sports teams, and VIPs, and we are proud to be working in partnership with AELF FlightService," said Michael O'Brien, CEO of Maleth Aero."With our combined strengths, we are able to provide a truly world-class product." This summer, AELF FlightService hired Lee Jones, formerly Director of Network and Capacity for Thomas Cook Airlines, to serve as Commercial Director for the charter business."The teams that have come together as AELF FlightService bring tremendous experience in aircraft ownership, operation, leasing and management," said Jones. "We are looking forward to offering customized solutions to airlines and other charter customers as they navigate through the volatility of the Covid-19 crisis and well beyond."AELF FlightService is focused on offering liquidity, financial and operational solutions, and the flexibility of wet, damp, and dry leasing."This transformation of the business has been a challenging undertaking, but It is our goal to offer maximum flexibility to existing and new airline customers.We believe our financial strength and agility will bolster the company in the current environment and will make us an even stronger partner in the years to come," said Joe Cirillo, Chief Operating Officer.AELF FlightService is a privately held commercial aircraft leasing company and ACMI/Charter operator of passenger and freight aircraft.The company has offices in Chicago, Miami, and Dublin.Learn more athttp://www.AELF-FlightService.com.Please follow us on social media:LinkedIn:https://www.linkedin.com/company/flightserviceTwitter:https://twitter.com/FlightService Instagram:https://www.instagram.com/flightserviceContact:Victoria Ricks[emailprotected] Related Imagesaelf-flightservice-msn-700.jpg AELF FlightService MSN 700 AELF FlightService MSN 700 is now available for passenger or freight ACMI and charter service. aelf-flightservice-offers-acmi-and.jpg AELF FlightService offers ACMI and charters in both passenger and freight configurations. aelf-flightservice-msn-472-in.jpg AELF FlightService MSN 472 in passenger configuration. AELF FlightService offers ACMI and charters in both passenger and freight configurations. SOURCE AELF FlightService
AELF FlightService is Cleared for Takeoff in Widebody Charter Market USA - English USA - English First A330-200 Available for Passenger and Freight Service
DUBLIN--(BUSINESS WIRE)--The "Microencapsulation Market Report: Trends, Forecast, and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering. The future of the microencapsulation market looks promising with opportunities in the pharmaceuticals, household utilities and products, agrochemicals, food and feed applications, and textiles and industries. The major drivers for this market are increasing demand for fortified food products with health benefits, rise in demand from the agrochemical sector, and widespread applications of microencapsulation. The study includes the microencapsulation market size and forecast for the global microencapsulation market through 2024, segmented by technology, core material, shell material, application, and region. Some of the microencapsulation companies profiled in this report include BASF, Syngenta Crop Protection, Royal (Koninklijke) Frieslandcampina, Koninklijke DSM, Givaudan, Symrise, International Flavors & Fragrances, Lycored, Koehler Innovative Solutions, and Balchem Corporation. Some of the features of Global Microencapsulation 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 Microencapsulation Market: Trends and Forecast 3.3: Global Microencapsulation Market by Technology 3.3.1: Spray Technologies 3.3.2: Emulsion Technologies 3.3.3: Dripping 3.3.4: Others 3.4: Global Microencapsulation Market by Core Material 3.4.1: Pharmaceutical and Healthcare Drugs 3.4.2: Food Additives 3.4.3: Fragrances 3.4.4: Agricultural Inputs 3.4.5: Phase Change Materials 3.4.6: Others 3.5: Global Microencapsulation Market by Shell Material 3.5.1: Polymers 3.5.2: Gums and Resins 3.5.3: Lipids 3.5.4: Carbohydrates 3.5.5: Proteins 3.6: Global Microencapsulation Market by Application 3.6.1: Pharmaceutical and Healthcare Products 3.6.2: Food and Beverages 3.6.3: Household & Personal Care Products 3.6.4: Agrochemicals 3.6.5: Construction Materials 3.6.6: Textiles 3.6.7: Others 4. Market Trends and Forecast Analysis by Region 4.1: Global Microencapsulation Market by Region 4.2: North American Microencapsulation Market 4.2.1: Market by Technology: Spray Technologies, Emulsion Technologies, Dripping, and Others 4.2.2: Market by Core Material: Pharmaceutical and Healthcare Drugs, Food Additives, Fragrances, Agricultural Inputs, Phase Change Materials, and Others 4.2.3: Market by Shell Material: Polymers, Gums and Resins, Lipids, Carbohydrates, Proteins 4.2.4: Market by Application: Pharmaceutical and Healthcare Products, Food and Beverages, Household & Personal Care Products, Agrochemicals, Construction Materials, Textiles, and Others 4.3: European Microencapsulation Market 4.4: APAC Microencapsulation Market 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 Microencapsulation Market by Technology 6.1.2: Growth Opportunities for Global Microencapsulation Market by Core Material 6.1.3: Growth Opportunities for Global Microencapsulation Market by Shell Material 6.1.4: Growth Opportunities for Global Microencapsulation Market by Application 6.1.5: Growth Opportunities for Global Microencapsulation Market by Region 6.2: Emerging Trends in Global Microencapsulation Market 6.3: Strategic Analysis 6.3.1: New Product Development 6.3.2: Capacity Expansion of Global Microencapsulation Market 6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Microencapsulation Market 7. Company Profiles of Leading Players For more information about this report visit https://www.researchandmarkets.com/r/qoswed
Global Microencapsulation Market Report 2021: Trends, Forecast, and Competitive Analysis 2013-2024 - ResearchAndMarkets.com
HAUPPAUGE, N.Y., Nov. 10, 2020 /PRNewswire/ --AccountantsWorld, a leading provider of cloud-based accounting and payroll solutions, has just been named by K2 Enterprises as the recipient of the 2020 Prime award, the most prestigious honor bestowed by K2 in their annual Quality Awards. AccountantsWorld was also recognized with two other Quality Awards, the Cloud Top Shelf Award and Best Technical Support, both for its Power CAS client accounting system. Each year, the Prime award is given to only one company within the accounting industry. If it is deemed that no company fits the criteria, then no award is given. The Prime award is bestowed to a company that is a leader in: Reasonable management goals and expectations Long term stability in the accounting market Clear and honest communication with employees and market influencers High-quality products Top-shelf customer support Significant commitment to product development and product improvement Great management vision and direction for both current and future plans "We are thrilled and honored to receive the 2020 Prime award from K2 Enterprises," said Co-Founder and CEO Dr. Chandra Bhansali. "Even in these difficult and uncertain times, AccountantsWorld has made a promise to businesses: if you bring your expertise and drive to excel, we will augment it with the best software solutions, training, resources and support. That commitment, which we've labelled our 2020 Promise, is an extension of our ongoing mission to help accountants better their practices. I could not be more proud of our team." "AccountantsWorld has innovated with client accounting services (CAS), and payroll services for accounting firms for twenty years," said Brian Tankersley, Director of Strategic Relationships for K2 Enterprises. "AccountantsWorld has made their product more usable and feature-rich year after year. I can think of no other company which has focused so much on Software-as-a-Service and support for the accounting profession for so long." About AccountantsWorld Since 2000, AccountantsWorld has been committed to helping accountants regain control of accounting and payroll services. Stronger control of these services helps accountants better serve their clients, raise their profits, and build a greater sense of pride in their work. Today, AccountantsWorld offers a complete suite of cloud-based software solutions for professional accountants, including client accounting, payroll processing, document management, client portals, after-the-fact payroll and practice management. AccountantsWorld never sells its products or services directly to accountants' clients. For more information about any of AccountantsWorld's cloud-based solutions, please visitwww.accountantsworld.comor call 1-888-999-1366. Media Contact Thomas Provine Phone: (631)415-9121 Email: [emailprotected] SOURCE AccountantsWorld, LLC Related Links http://www.accountantsworld.com
AccountantsWorld Receives K2 Enterprises Prestigious Prime Award
BETHESDA, Md., Oct. 14, 2020 /PRNewswire/ --Walker & Dunlop, Inc. announced today that it structured $25,200,000 in Fannie Mae financing for Bethlehem Fields Apartments, a 216-unit, Class-A multifamily property located in Bethlehem, Pennsylvania in the Lehigh Valley region. Walker & Dunlop arranged the refinancing on behalf of Boyd/Wilson, a repeat client with 38 years of experience in commercial real estate development and property and construction management throughout Pennsylvania. (PRNewsfoto/Walker & Dunlop, Inc.) This financing for Bethlehem Fields, which was originally organized as a bank execution prior to the COVID-19 pandemic, represented Boyd/Wilson's first Agency execution. Amid market uncertainty, the Philadelphia Capital Markets team, including Managing Directors, John Banasand Kris Wood, as well as Analysts John Wilson and Rhett Saltiel, quickly pivoted to secure the best financing solution for their client. Leveraging their strong relationship with Fannie Mae, the team structured the deal with three years of interest-only payments and an attractive fixed rate for the ten-year loan term. Frank Barrett, President of Boyd/Wilson, commented, "John and his team provided a smooth refinance process with Fannie Mae. Their professionalism and insight were second to none.We were able to lock in an extremely competitive rate with incredible terms.With their guidance, we were able to easily navigate the complex GSE market." Mr. Banas commented, "Boyd/Wilson is a long-standing, well-run family business that owns and operates best-in-class properties; it's always a pleasure to work with their team."Bethlehem Fields is located minutes from Route 78 and the Delaware River and offers spacious one- and two-bedroom apartments and townhomes with a variety of floor plans.In addition to the 14 residential buildings on site, the property features a clubhouse, playground, fitness center, picnic areas, and garages. Boyd/Wilson plans to utilize the cash-out proceeds to perform capital improvements at the property.Walker & Dunlop is a leader in multifamily lending, ranking as the largest Fannie Mae DUSmultifamily lender and the 3rdlargest Freddie Mac Optigo lender by volume in 2019. For information about Walker & Dunlop's view on the apartment market, including expert perspectives on markets, leadership, and the road ahead, visit our newDriven by Insight information center.About Walker & DunlopWalker & Dunlop(NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate finance companies in the United States. The company provides a comprehensive range of capital solutions for all commercial real estate asset classes, as well as investment sales brokerage services to owners of multifamily properties. Walker & Dunlop is included on the S&P SmallCap 600 Index and was ranked as one of FORTUNE Magazine's Fastest Growing Companies in 2014, 2017, and 2018. Walker & Dunlop's 900+ professionals in 40 offices across the nation have an unyielding commitment to client satisfaction.SOURCE Walker & Dunlop, Inc. Related Links http://www.walkerdunlop.com
Walker & Dunlop Structures $25 Million in Financing for Class-A Apartment Community in Eastern Pennsylvania
PHOENIX, Ariz.--(BUSINESS WIRE)--VIQ Solutions Inc. (VIQ or the Company) (TSX Venture Exchange: VQS), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, announced today that it has entered into an amendment (the Amendment) to its previously announced agreement with Paradigm Capital Inc. (Paradigm) pursuant to which Paradigm, on behalf of a syndicate of underwriters including Acumen Capital Partners (together with Paradigm, the Underwriters), have agreed to increase the size of the previously announced bought deal financing. Pursuant to the Amendment, the Underwriters have agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 4,705,900 common shares (Common Shares) at a price of C$4.25 (approximately US$3.24) per Common Share for aggregate gross proceeds to the Company of approximately C$20 million (approximately US$15.27 million) (the Offering).The Company intends to use the net proceeds of the Offering to fund the continued development of its product and service offerings, to fund potential future acquisitions and for general corporate purposes. The Common Shares will be offered in Canada by way of a short form prospectus to be filed in Ontario, British Columbia and Alberta, and elsewhere on a private placement basis in compliance with applicable securities laws. The Offering is expected to close on November 26, 2020 and is subject to certain customary conditions including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under United States federal and state securities laws or an applicable exemption from such United States registration requirements. For more information about VIQ, please visit viqsolutions.com. About VIQ Solutions Inc. VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, media, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost. Forward-looking Statements Certain statements included in this news release constitute forward-looking statements or forward-looking information under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking statements or information typically contain statements with words such as "anticipate," "believe," "expect," "plan," "intend," "estimate," "propose," "project" or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements or information in this news release include, but are not limited to, the expected closing date of the Offering, VIQs intended use of the net proceeds of the Offering, trends in the markets in which VIQ operates and the potential exercise by the Underwriters of the Over-Allotment Option. Forward-looking statements or information is based on several factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although VIQ believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on such forward-looking statements, as VIQ can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this news release, assumptions have been made regarding, among other things, VIQs ability to obtain all necessary regulatory and stock exchange approvals for the Offering, VIQs ability to identify and acquire suitable acquisition targets, the accuracy of VIQs expectations with respect to industry and market trends and global economic conditions including the continuing effects of COVID-19. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions that have been used. Forward-looking statements or information is based on current expectations, estimates and projections that involve several risks and uncertainties which could cause actual results to differ materially from those anticipated by VIQ and described in the forward-looking statements or information, including the risks and uncertainties described under the heading Risk Factors in VIQs Annual Information Form for the year ended December 31, 2019, filed with the Canadian securities regulatory authorities under VIQs SEDAR profile at www.sedar.com. These risks and uncertainties may cause actual results to differ materially from the forward-looking statements or information. Readers are cautioned that the foregoing list is not exhaustive of all possible risks and uncertainties. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, VIQ undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
VIQ Solutions Announces Upsize to Previously Announced Bought Deal Public Offering to C$20 Million THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
NEW YORK, July 22, 2020 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p02919435/?utm_source=PRN The global electrophysiology market is projected to reach USD 10.6 billion by 2025 from USD 6.8 billion in 2020, growing at a CAGR of 9.1% from 2020 to 2025. Factors driving the growth of the market are technological advancements; new entrants in the market; growing investments, funds, and grants; and increasing incidence of target diseases and procedures. Emerging markets are also expected to offer high growth opportunities for players operating in this market. However, factors such as high cost of electrophysiology products and inadequate reimbursement, unfavorable healthcare reforms in the US, and cost-intensive requirement for clinical data for new product launches along with availability of alternative technologies are expected to restrain the growth of this market in the coming years. The reuse and reprocessing of devices and lack of skilled and experienced electrophysiologists are some of the challenges in this market. The growth of the market is also expected to slow temporarily during the forecast period due to the COVID-19 pandemic.3D Mapping Systems: The largest segment of EP laboratory devices marketBased on type of product, the EP laboratory devices market is segmented into 3D mapping systems, EP recording systems, RF ablation systems, intra-cardiac echocardiography (ICE) ultrasound imaging systems, EP X-ray systems, and other electrophysiology laboratory devices (MRI systems and EP remote magnetic and robotic navigation systems). 3D mapping systems accounted for the largest share of the global EP laboratory devices market in 2019. Driven by its high growth potential, markets players are increasingly focusing on the launch of new technologically advanced devices. For instance, in August 2018, BioSig Technologies received the US Food and Drug Administration (FDA) clearance for the PURE EP System.Cryoablation EP Catheters: The largest segment of EP ablation catheters marketThe EP ablation catheters market is further segmented into cryoablation EP catheters, radiofrequency ablation catheters, laser ablation systems, and microwave ablation systems.Cryoablation EP catheters accounted for the largest share of the global EP ablation catheters market in 2019.The therapeutic advantages of cryoablation over other ablation modalities such as radiofrequency ablation are driving the growth of this market.In addition, various market players are taking initiatives to increase their market presence and strengthen product portfolio; they are also engaging in clinical studies to evaluate the safety of their products.Such initiatives are further supporting market growth. In May 2019, Koninklijke Philips N.V. (Netherlands) entered into a partnership with Medtronic (Ireland). Philips' KODEX-EPD dielectric imaging and navigation system, dielectric imaging sensors, clinical software and services were expected to be leveraged to support cryoablation procedures performed using the Medtronic Arctic Front Advance cryoablation technology.Conventional EP Diagnostic Catheters: The largest segment of EP diagnostic catheters marketOn the basis of type, the EP diagnostic catheters market is segmented into conventional EP diagnostic catheters, advanced EP diagnostic catheters, and ultrasound EP diagnostic catheters.The conventional EP diagnostic catheters segment accounted for the largest share of the global EP diagnostic catheters market in 2019.This can be attributed to the development of technologically advanced fixed and steerable diagnostic catheters, rising prevalence of cardiac arrhythmias across the globe, and increasing demand for these lower-priced devices in emerging markets.Atrial Fibrillation: The dominating indication segment of electrophysiology marketBased on indication, the electrophysiology market is segmented into atrial fibrillation, atrioventricular nodal reentry tachycardia (AVNRT), Wolff-Parkinson-White (WPW) syndrome, atrial flutter, and other indications.Atrial fibrillation segment commanded the largest share of the electrophysiology market in 2019; this segment is also expected to witness the highest growth during the forecast period. The rapid growth in the aging population across the globe, increasing prevalence of atrial fibrillation, growing number of ablation procedures related to atrial fibrillation, and the development of advanced electrophysiology products for early diagnosis of atrial fibrillation are expected to drive the growth of this market segment in the coming years.Hospitals & Cardiac Centers: The largest sub-segment of electrophysiology segmentBased on end user, the global electrophysiology market has been segmented into hospitals & cardiac centers and ambulatory surgery centers.The hospitals & cardiac centers segment accounted for the largest share in 2019 due to the increasing ablation procedures, presence of big cath labs and electrophysiology labs in hospitals, and rising prevalence of CVDs.Technological advancements, coupled with government funding, are also encouraging the installation of new tools and devices in hospitals.North America: The largest share contributing reginal segment of the global electrophysiology market in 2019The electrophysiology market is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and Middle East and Africa.North America accounted for a major share of the electrophysiology market in 2019.Factors such as the high burden of CVDs, an increasing number of clinical trials validating electrophysiology devices, the growing number of approvals for electrophysiology devices, and the presence of key players in this region are driving the growth of the electrophysiology market in the US. Moreover, the growing focus of government organizations on providing funding for research, the rising geriatric population, and the high incidence of cardiac diseases are the major factors driving the electrophysiology market in Canada.A breakdown of the primary participants referred to for this report is provided below: By Company Type: Tier 145%, Tier 234%, and Tier 3 21% By Designation: C-level47%, Director-level33%, and Others20% By Region: North America35%, Europe32%, Asia Pacific25%, Latin America6%, and the Middle East & Africa2%The major players in the market include Johnson & Johnson (US), Boston Scientific (US), Abbott Laboratories (US), Medtronic (Ireland), Koninklijke Philips N.V. (Royal Philips) (Netherlands), GE Healthcare (US), MicroPort Scientific Corporation (China), Stereotaxis (US), Imricor Medical Systems (US), EP Solutions (Switzerland), Epmap-System (Germany), OSYPKA AG (Germany), CardioFocus (US), CathVision (Denmark), Merit Medical Systems (US), BIOTRONIK (Germany), Siemens Healthineers (Germany), Lepu Medical (China), TZ Medical (US), Schwarzer Cardiotek GmbH (Germany), APN Health (US), Acutus Medical (US), Baylis Medical (Canada), Japan Lifeline (Japan), and CathRx (Australia).Research CoverageThis report studies the breast biopsy market based on product, indication, end user, and region.The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth.It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).Reasons to Buy the ReportThe report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.This report provides insights on the following pointers: Market Penetration: Comprehensive information on the product portfolios offered by the top players in the electrophysiology market Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the electrophysiology market Market Development: Comprehensive information on lucrative emerging regions Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the electrophysiology market Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.Read the full report: https://www.reportlinker.com/p02919435/?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 global electrophysiology market is projected to reach USD 10.6 billion by 2025 from USD 6.8 billion in 2020, growing at a CAGR of 9.1% from 2020 to 2025 Technological advancements and increasing incidence of target diseases to support market growth
KEENE, N.H., April 2, 2020 /PRNewswire/ --In response to the COVID-19 pandemic, Negotiated Solutions Inc. has redesigned theirNeptune PPAweb dashboard and mobile application to assist hospitals with the critical management of Personal Protective Equipment (PPE) inventory. The free software has already been successfully implemented by Dartmouth-Hitchcock and the University of Vermont Medical Center. Originally designed to provide medical device and implant purchasing data, the reconfigured application now displays an at-a-glance dashboard, providing immediate visibility to COVID-19 PPE supply levels for hospitals. Initial testing has demonstrated that this information is invaluable in enhancing the efficiency of addressing supply levels related to COVID-19 and is a critical tool to assist any risk management team's efforts. The Neptune PPE app is quick, responsive, and only requires an initial download of basic information on current supply levels. The app is simple to use and can be accessed on-demand internally by clinicians and staff. The application offers full transparency and an accurate view of the supply chain availability for all critically important PPE products, thus providing users the opportunity to obtain the most accurate information and ensure their medical teams remain protected and able to safely combat the pandemic. Since the original launch of the Neptune PPA app, the company, with active physician development input, strengthened its capability to provide full transparency in the healthcare supply chain. It unites healthcare professionals, both clinical and administrative, and suppliers to ensure they have ample inventory to meet patient needs during the COVID-19 pandemic. The advanced technology of the Neptune PPA app proves to be an ideal solution to address the ongoing PPE shortages associated with the COVID-19 pandemic. About Neptune PPA Neptune PPA's is an application designed by Negotiated Solutions Inc. It provides a unique set of tools that have demonstrated the ability to save medical institutions millions of dollars in medical device costs while delivering the transparent data essential to the physician patient-specific choice of high-value implants that maximize care value. Neptune PPA, first launched at the University of Vermont Medical Center (UVMMC) and now utilized at other UVM Health Network hospitals, was developed in partnership with a team of physicians and supply chain professionals. PressContact: RodneyErb [emailprotected] Related Images neptune-ppa-application.png Neptune PPA Application The dashboard and mobile application is populated with critical quantity on-hand and supply chain data. SOURCE Negotiated Solutions Inc.
Redesigned Neptune PPA Dashboard Implemented by Dartmouth-Hitchcock & UVM Medical Center to Manage COVID-19 Personal Protective Equipment Supply
MURFREESBORO, Tenn.--(BUSINESS WIRE)--Science, technology, engineering, art and math (STEAM) will come to life at more than 100 events and activities across the state during the 4th annual Tennessee STEAM Festival, taking place Oct. 9-18, 2020. The Festival was founded by the Discovery Center at Murfree Spring and incorporates outdoor and virtual events hosted by a wide range of museums, schools, community centers and other attractions. A complete listing of activities is available at TNsteam.org. The Tennessee STEAM Festival will look a little different this year in order to accommodate social distancing, but it still offers Tennesseans fun ways to engage with science, technology, engineering, art and math, said Discovery Center CEO Tara MacDougall. The Festival is focused on promoting lifelong learning and on helping everyone better understand the world around them. We appreciate all of our sponsors, hosts and partners who have taken a new approach to the Festival this year, especially during a challenging time. As always, the Festival wouldnt be possible without them, MacDougall said. Signature events include: This year the Festivals Honorary Chair is William Schaffner, MD, epidemiologist at Vanderbilt University. Schaffner is often seen on national news programs talking about public health issues such as pandemics and the coronavirus. As an expert in infectious diseases and preventive medicine, its my job to make sure we make good decisions about public health in our communities so that we can all live healthy lives, Schaffner said. If you want to become a doctor or any other healthcare professional who helps others stay healthy, Id encourage you to participate in the Tennessee STEAM Festival and learn how really fun science can be! Sponsored by Mind2Marketplace and Atmos Energy. About the Discovery Center The Discovery Center at Murfree Spring is a hands-on, environmental, cultural and educational museum located in the heart of Middle Tennessee. More than 120,000 children and families visit annually, exploring exhibits and participating in programs that promote STEAM (science, technology, engineering, arts & math) education. Adjacent to the Center is the protected Murfree Spring wetlands, a natural habitat for a variety of fish, amphibians and birds. Located at 502 S.E. Broad Street in Murfreesboro, TN. For more information, visit www.explorethedc.org or call (615) 890-2300.
Fourth Annual STEAM Festival Brings Science to Life Across Tennessee Variety of virtual, outdoor events for all ages, Oct. 9-18
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Magnite, Inc. (Magnite or the Company) (NASDAQ: MGNI) on behalf of investors concerning the Companys possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On January 7, 2021, Spruce Point Capital Management published a research report alleging that the Company's "investors are being misguided by Magnite's growth prospects and see 25%-50% downside" and that Magnite "continued to mask challenges with inaccurate financial reporting." The report further stated that evidence shows Magnite is running two separate businesses, yet only reporting one operating segment, allowing it to bury clarity into its struggles. On this news, Magnite's stock price fell $1.70 per share, or 6%, to close at $25.61 per share on January 7, 2021, thereby injuring investors. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Magnite securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
The Law Offices of Frank R. Cruz Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors
LOS ANGELES, April 6, 2021 /PRNewswire/ --The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Vroom, Inc. ("Vroom" or the "Company") (NASDAQ: VRM) securities between June 9, 2020 and March 3, 2021, inclusive (the "Class Period"). Vroom investors have until May 21, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. On March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter "Ecommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit." Vroom also reported that for the fourth quarter, its "[n]et loss increased 41.9% to $60.7 million." On this news, the Company's stock price fell $12.29 per share, or 27.9%, to close at $31.61 per share on March 4, 2021, on unusually heavy trading volume. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Vroom had not demonstrated that it was able to control and scale growth in respect to its salesforce to meet the demand for its products; (2) that, as a result, the Company was forced to discount aged inventory to move through its retail channels or liquidated in its wholesale channels; (3) that, as a result, the ecommerce gross profit per unit was reasonably likely to decline; 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. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Vroom securities during the Class Period, you may move the Court no later than May 21, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Vroom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [emailprotected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contacts The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, 310-914-5007[emailprotected]www.frankcruzlaw.com SOURCE The Law Offices of Frank R. Cruz, Los Angeles Related Links frankcruzlaw.com
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Vroom, Inc. (VRM) Investors
LA PLATA, BUENOS AIRES, Argentina, March 29, 2021 /PRNewswire/ --The Province of Buenos Aires (the "Province") today announced that it has further extended the expiration of its invitation (the "Invitation") made to holders of certain eligible bonds (the "Eligible Bonds") listed in the Invitation Memorandum dated April 24, 2020 (as amended and supplemented from time to time, the "Invitation Memorandum") to submit orders to exchange their Eligible Bonds for new bonds pursuant to the terms and subject to the conditions described in the Invitation Memorandumfrom 5:00 p.m., Central European Time, on March 26, 2021, to 5:00 p.m., Central European Time, on April 23, 2021 (the "Expiration"), unless further extended or early terminated. Accordingly, assuming that the Province, among other things, does not further extend the Expiration or terminate the Invitation early, the Invitation Period (as defined in the Invitation Memorandum) is extended through the new Expiration, the Results Announcement Date (as defined in the Invitation Memorandum) shall be on April 26, 2021 or as early as practicable thereafter, and the Execution Date, the Effective Date and the Settlement Date, each as defined in the Invitation Memorandum, shall be on April 30, 2021 or as early as practicable thereafter. The Province notes that a group of bondholders brought suit against it in the U.S. District Court for the Southern District of New York, only shortly after the expiration of a non-disclosure agreement that allowed an exchange of proposals with one of the Province's largest bondholders. The Province has nonetheless extended the deadline of the Invitation, and remains committed to a good faith negotiation of the terms of the exchange of Eligible Bonds as set forth in the Invitation Memorandum. Further, the Province remains open to dialogue with all bondholders and invites them to share their views on potential amendments to the terms of the proposal set forth in the Invitation, including those described in the press release dated March 21, 2021. The Province has engaged BofA Securities, Inc. and Citigroup Global Markets Inc. to act as dealer managers for the Invitation. D.F. King is acting as exchange, tabulation and information agent. Any questions or requests for assistance regarding the Invitation may be directed to BofA Securities, Inc. at +1 (888) 292-0070 (toll free) or +1 (646) 855-8988 (collect) or Citigroup Global Markets Inc. at +1 (800) 558-3745(toll free) and +1 (212) 723 6106(collect). Eligible Holders (as defined below), or custodians for such holders, of Eligible Bonds may obtain a copy of the Invitation Memorandum by contacting the dealer managers by calling any one of the numbers above or D.F. King at its email address ([emailprotected]) or telephone number (+44 20 7920 9700 or +1 212-232-3233) or by download, following registration, via: https://sites.dfkingltd.com/PBA Important Notice This announcement is not an offer of securities for sale in the United States, and none of the New Securities (as defined in the Invitation Memorandum) has been or will be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and they may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. This press release does not constitute an offer of the New Securities for sale, or the solicitation of an offer to buy any securities, in any state or other jurisdiction in which any offer, solicitation or sale would be unlawful. Any person considering making an investment decision relating to any securities must inform itself independently based solely on an offering memorandum to be provided to eligible investors in the future in connection with any such securities before taking any such investment decision. This announcement is directed only to beneficial owners of Eligible Bonds who are (A) "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act") or (B) (x) outside the United States as defined in Regulation S under the Securities Act, (y) if located within a Member State of the European Economic Area ("EEA") (each, a "Relevant State"), "qualified investors" as defined in Regulation (EU) 2017/1129 (as amended, the "Prospectus Regulation"),(z) if located within the United Kingdom ("UK"), "qualified investors" as defined in the Prospectus Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA") and (zz) if outside the EEA or the UK, is eligible to receive this offer under the laws of its jurisdiction (each an "Eligible Holder"). No offer of any kind is being made to any beneficial owner of Eligible Bonds who does not meet the above criteria or any other beneficial owner located in a jurisdiction where the Invitation is not permitted by law. The distribution of materials relating to the Invitation may be restricted by law in certain jurisdictions. The Invitation is void in all jurisdictions where it is prohibited. If materials relating to the Invitation come into your possession, you are required by the Province to inform yourself of and to observe all of these restrictions. The materials relating to the Invitation, including this communication, do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the Invitation be made by a licensed broker or dealer and a dealer manager or any affiliate of a dealer manager is a licensed broker or dealer in that jurisdiction, the Invitation shall be deemed to be made by the dealer manager or such affiliate on behalf of the Province in that jurisdiction. Forward-Looking Statements All statements in this press release, other than statements of historical fact, are forward-looking statements. These statements are based on expectations and assumptions on the date of this press release and are subject to numerous risks and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements. Risks and uncertainties include, but are not limited to, market conditions, and factors over which the Province has no control. The Province assumes no obligation to update these forward-looking statements, and does not intend to do so, unless otherwise required by law. Notice to Investors in the European Economic Area The New Securities are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in a Relevant State. For these purposes, a "retail investor" means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the "Insurance Distribution Directive"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus Regulation. Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the New Securities or otherwise making them available to retail investors in a Relevant State has been prepared and therefore offering or selling the New Securities or otherwise making them available to any retail investor in a Relevant State may be unlawful under the PRIIPs Regulation. Notice to Investors in the United Kingdom The New Securities are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the UK. For these purposes, a retail investor means a person who is one (or more) of the following: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the EUWA; (ii) a customer within the meaning of the provisions of the FSMA and any rules or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the Prospectus Regulation as it forms part of domestic law by virtue of the EUWA. Consequently no key information document required by the PRIIPs Regulation as it forms part of domestic law by virtue of the EUWA (the "UK PRIIPs Regulation") for offering or selling the New Securities or otherwise making them available to retail investors in the UK has been prepared and therefore offering or selling the New Securities or otherwise making them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation. For the purposes of section 21 of the Financial Services and Markets Act 2000, to the extent that this announcement constitutes an invitation or inducement to engage in investment activity, such communication falls within Article 34 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Financial Promotion Order"), being a non-real time communication communicated by and relating only to controlled investments issued, or to be issued, by the Province. Other than with respect to distributions by the Province, this announcement is for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Promotion Order, (ii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This announcement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which the announcement relates is available only to relevant persons and will be engaged in only with relevant persons. SOURCE The Province of Buenos Aires
The Province of Buenos Aires Extends Expiration of Invitation Memorandum (as defined below)
DUBLIN--(BUSINESS WIRE)--The "Automotive Electric Actuator - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering. According to this report, the Global Automotive Electric Actuator market accounted for $7.48 billion in 2019 and is expected to reach $13.84 billion by 2027 growing at a CAGR of 8.0% during the forecast period. The growing demand for in-vehicle comfort systems attributed to an increase in the command for a luxurious and comfortable ride is the major factor propelling market growth. However, the threat of failure of electric components in an electric actuator is hampering market growth. Automotive electric actuators help in regulating engine inactive speed, engine torque, etc., which help raise the engine effectiveness and vehicle performance. This actuator is used to normally operate a multi-turn valve. Moreover, a mechanical brake is installed above the motor, which enables the actuator, to keep a check on the opening of the valve, and avoid the valve from getting opened completely when not required. In the absence of this brake, the valve will be opened and closed back to its original position continuously. Companies Mentioned What the report offers: Key Topics Covered: 1 Executive Summary 2 Preface 3 Market Trend Analysis 3.1 Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Product Analysis 3.7 Application Analysis 3.8 End User Analysis 3.9 Emerging Markets 3.10 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 Automotive Electric Actuator Market, By Valve Type 5.1 Introduction 5.2 2 Port Valve 5.3 3 Port Valve 5.4 4 Port Valve 5.5 5 Port Valve 6 Global Automotive Electric Actuator Market, By Product Type 6.1 Introduction 6.2 Fuel Injection Actuator 6.3 Active Grille Actuator 6.4 Brake Actuator 6.5 Cooling Valve Actuator 6.6 EGR Actuator 6.7 Headlamp Actuator 6.8 Hood Lift Actuator 6.9 HVAC Actuator 6.10 Power Seat Actuator 6.11 Power Window Actuator 6.12 Steering Column Actuator 6.13 Sunroof Actuator 6.14 Tailgate Actuator 6.15 Throttle Actuator 6.16 Turbo Actuator 6.17 VVT Actuator 6.18 Wiper Actuator 7 Global Automotive Electric Actuator Market, By Sales Channel 7.1 Introduction 7.2 Aftermarket 7.3 Original Equipment Manufacturer (OEM) 8 Global Automotive Electric Actuator Market, By Type 8.1 Introduction 8.2 Electric Actuator 8.3 Hydraulic Actuator 8.4 Pneumatic Actuator 8.5 Hybrid 8.6 Statistical 8.7 Rule-based 9 Global Automotive Electric Actuator Market, By Deployment Mode 9.1 Introduction 9.2 Cloud 9.3 On-premises 10 Global Automotive Electric Actuator Market, By Organization Size 10.1 Introduction 10.2 Small and Medium-Sized Enterprises (SMES) 10.3 Large Enterprises 11 Global Automotive Electric Actuator Market, By Component 11.1 Introduction 11.2 Services 11.2.1 Managed Services 11.2.2 Professional Services 11.3 Solutions 11.3.1 Platform 11.3.2 Software Tools 12 Global Automotive Electric Actuator Market, By Application 12.1 Introduction 12.2 Electric Vehicles 12.3 Heavy Commercial Vehicles 12.4 Light Commercial Vehicles 12.5 Passenger Vehicles 12.6 Body & Exterior 12.7 Engine 12.8 Interior 12.9 IC Powered Vehicles 12.10 Automatic Summarization 12.11 Information Extraction 12.12 Language Identification 12.13 Machine Translation 12.14 Question Answering 12.15 Sentiment Analysis 12.16 Spam Recognition 12.17 Text Classification 13 Global Automotive Electric Actuator Market, By End User 13.1 Introduction 13.2 Banking, Financial Services and Insurance (BFSI) 13.3 Manufacturing 13.4 Healthcare and Life Sciences 13.5 Retail and Ecommerce 13.6 Government and Defense 13.7 Media and Entertainment 13.8 Telecommunications and IT 13.9 Travel and Hospitality 13.10 Research and Education 13.11 Energy and Utilities 14 Global Automotive Electric Actuator Market, By Geography 14.1 Introduction 14.2 North America 14.2.1 US 14.2.2 Canada 14.2.3 Mexico 14.3 Europe 14.3.1 Germany 14.3.2 UK 14.3.3 Italy 14.3.4 France 14.3.5 Spain 14.3.6 Rest of Europe 14.4 Asia Pacific 14.4.1 Japan 14.4.2 China 14.4.3 India 14.4.4 Australia 14.4.5 New Zealand 14.4.6 South Korea 14.4.7 Rest of Asia Pacific 14.5 South America 14.5.1 Argentina 14.5.2 Brazil 14.5.3 Chile 14.5.4 Rest of South America 14.6 Middle East & Africa 15 Key Developments 15.1 Agreements, Partnerships, Collaborations and Joint Ventures 15.2 Acquisitions & Mergers 15.3 New Product Launch 15.4 Expansions 15.5 Other Key Strategies 16 Company Profiling For more information about this report visit https://www.researchandmarkets.com/r/54djy1
Global Automotive Electric Actuator Market Outlook to 2027 - Featuring Aptiv, Borg Warner and CTS Among Others - ResearchAndMarkets.com
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) (Wynn Resorts) today announced that it has commenced an underwritten public offering of 5,500,000 shares of its common stock. Wynn Resorts intends to grant the underwriters a 30-day option to purchase up to an additional 825,000 shares of common stock. Wynn Resorts expects to use the net proceeds from the offering for general corporate purposes. Deutsche Bank Securities, Goldman Sachs & Co. LLC and BofA Securities, Inc. are acting as joint lead book-running managers for the offering. An effective shelf registration statement relating to these securities was previously filed with the Securities and Exchange Commission (the SEC) on November 6, 2019. The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus. Before you invest, you should read the prospectus, the prospectus supplement and the documents incorporated by reference therein for more complete information about Wynn Resorts and the offering. You may get these documents for free by visiting the SECs website at www.sec.gov. Alternatively, copies of the prospectus supplement and accompanying prospectus, when available, may be obtained from Deutsche Bank Securities Inc., Prospectus Group, 60 Wall Street, New York, NY 10005, or by telephone at (800) 503-4611, or by email at prospectus.CPDG@db.com, Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by phone at (866) 4712526, or by email at prospectus-ny@ny.email.gs.com, or BofA Securities, Inc., Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, or by email at dg.prospectus_requests@bofa.com. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-looking Statements This release contains forward-looking statements regarding the proposed offering. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed in these forward-looking statements. For example, the offering is subject to market and other conditions outside of Wynn Resorts control. These forward-looking statements are not guarantees of future performance, conditions or results. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Wynn Resorts Annual Report on Form 10-K for the year ended December 31, 2019 and Wynn Resorts other periodic reports filed with the SEC. Wynn Resorts is under no obligation to (and expressly disclaims any such obligation to) update or revise its forward-looking statements as a result of new information, future events or otherwise.
Wynn Resorts Announces Public Offering of Common Stock
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ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYE: AGR), a leading sustainable energy company, reported consolidated U.S. GAAP net income of $166 million, or $0.54 per share and $581 million, or $1.88 per share, for the fourth quarter and full year ended December 31, 2020, respectively. On a non-U.S. GAAP adjusted basis, consolidated net income for the fourth quarter and full year 2020 was $191 million, or $0.62 per share and $625 million, or $2.02 per share, respectively. Our results for the year exceeded our guidance provided at our November 2020 Investor Day and show we are making progress toward our aspiration to be the leading sustainable energy company in the U.S., said Dennis V. Arriola, chief executive officer of AVANGRID. With a pandemic and major storms, 2020 was a year unlike any other and our team worked successfully to ensure we maintained safe and reliable service and continued generating clean energy when our customers needed us the most. During the year, AVANGRID achieved key strategic objectives including settling rate cases in New York and completing the installation of nearly 620 MW of new wind projects. The company also made significant strides in advancing its offshore wind projects and the New England Clean Energy Connect, which is now under construction. Our accomplishments in 2020 position us well for 2021 and put us on track to achieve the growth outlined in our strategic plans, said Arriola. Today, we are also affirming our 2021 earnings guidance of $2.15-$2.35 per share, added Arriola. I am excited about the promise for 2021 and beyond. We have ambitious goals and are uniquely positioned to drive the energy transition in the U.S. Non-U.S. GAAP adjusted earnings and adjusted earnings per share exclude mark-to-market adjustments in the Renewables segment, accelerated depreciation derived from repowering of wind farms, restructuring charges, COVID-19 impacts, merger costs and a legal settlement. For additional information, see Use of Non-U.S. GAAP Financial Measures and Reconciliation of Non-U.S. GAAP Financial Measures at the end of the release. During the year ended December 31, 2020, the Company identified various immaterial corrections that originated in prior periods. The Company has revised the prior periods to reflect these items, resulting in a decrease of $33 million in net income for the year ended December 31, 2019. Networks Earnings for the fourth quarter and full year 2020 compared to 2019 increased primarily due to the recognition of the approved rate cases in New York and transmission revenues, resulting in approximately $0.28 per share for the quarter and $0.34 per share for the year. The results were reduced by depreciation of $0.01 per share for the quarter and $0.10 per share for the year. Renewables Earnings for the fourth quarter and full year 2020 compared to 2019 benefited mainly from improved wind production of $0.03 per share for the quarter and $0.17 per share for the year, increased production tax credits of $0.03 per share for the quarter and $0.10 per share for the year, and the 2019 prior period revisions of $0.10 per share for the quarter and the year, which were more than offset by less income from the sale of assets in 2019 ($0.27 and $0.29 per share for the quarter and the year, respectively) and increased expenses from new capacity and other costs. Corporate Corporate primarily reflects net interest expenses, taxes, and intersegment eliminations. Earnings for the fourth quarter and full year 2020 compared to 2019 decreased due to taxes and increased interest expense from the issuances of Green Bonds in May 2019 and May 2020. Webcast AVANGRID will webcast an audio-only financial presentation in conjunction with releasing fourth quarter and full year 2020 earnings tomorrow, Wednesday, February 24, 2021 beginning at 10:00 A.M. Eastern time. The listen-only webcast will feature a presentation from members of the executive team followed by a question and answer session. The webcast and a copy of AVANGRIDs slides accompanying the presentation can be accessed through the Investor Relations section of AVANGRIDs website. A replay will be available for 90 days in the Investors section of the AVANGRID website. # # # ____________________________________________________________________________________ About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the U.S. and has approximately $38 billion in assets and operations in 24 U.S. states. With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 7,000 people. AVANGRID supports the U.N.s Sustainable Development Goals and was named among the Worlds Most Ethical Companies in 2019, 2020, and 2021 by the Ethisphere Institute. For more information, visit www.avangrid.com. ____________________________________________________________________________________ Forward Looking Statements Certain statements in this press release may relate to our future business and financial performance and future events or developments involving us and our subsidiaries that are not purely historical and may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terms such as may, will, should, would, could, can, expect(s), believe(s), anticipate(s), intend(s), plan(s), estimate(s), project(s), assume(s), guide(s), target(s), forecast(s), are (is) confident that and seek(s) or the negative of such terms or other variations on such terms or comparable terminology. Such forward-looking statements include, but are not limited to, statements about our plans, objectives and intentions, outlooks or expectations for earnings, revenues, expenses or other future financial or business performance, strategies or expectations, or the impact of legal or regulatory matters on business, results of operations or financial condition of the business and other statements that are not historical facts. Such statements are based upon the current reasonable beliefs, expectations, and assumptions of our management and are subject to significant risks and uncertainties that could cause actual outcomes and results to differ materially. Important factors are discussed and should be reviewed in our Form 10-K and other subsequent filings with the SEC. Specifically, forward-looking statements include, without limitation: Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may vary in material respects from those expressed or implied by these forward-looking statements. You should not place undue reliance on these forward-looking statements. We do not undertake any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this report, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Other risk factors are detailed from time to time in our reports filed with the SEC, and we encourage you to consult such disclosures. Use of Non-U.S. GAAP Financial Measures To supplement our consolidated financial statements presented in accordance with generally accepted accounting principles in the United States (GAAP), we consider adjusted net income and adjusted earnings per share as non-GAAP financial measures that are not prepared in accordance with GAAP. The non-GAAP financial measures we use are specific to AVANGRID and the non-GAAP financial measures of other companies may not be calculated in the same manner. We use these non-GAAP financial measures, in addition to GAAP measures, to establish operating budgets and operational goals to manage and monitor our business, evaluate our operating and financial performance and to compare such performance to prior periods and to the performance of our competitors. We believe that presenting such non-GAAP financial measures is useful because such measures can be used to analyze and compare profitability between companies and industries by eliminating the impact of certain non-cash charges. In addition, we present non-GAAP financial measures because we believe that they and other similar measures are widely used by certain investors, securities analysts and other interested parties as supplemental measures of performance. We define adjusted net income as net income adjusted to exclude restructuring charges, mark-to-market earnings from changes in the fair value of derivative instruments, accelerated depreciation derived from repowering of wind farms, a legal settlement, costs incurred related to the PNMR Merger and the impact of the global coronavirus (COVID-19) pandemic. We believe adjusted net income is more useful in understanding and evaluating actual and projected financial performance and contribution of AVANGRID core lines of business and to more fully compare and explain our results. The most directly comparable GAAP measure to adjusted net income is net income. We also define adjusted earnings per share, or adjusted EPS, as adjusted net income converted to an earnings per share amount. The use of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for, or superior to, AVANGRIDs GAAP financial information, and investors are cautioned that the non-GAAP financial measures are limited in their usefulness, may be unique to AVANGRID, and should be considered only as a supplement to AVANGRIDs GAAP financial measures. The non-GAAP financial measures may not be comparable to other similarly titled measures of other companies and have limitations as analytical tools. Non-GAAP financial measures are not primary measurements of our performance under GAAP and should not be considered as alternatives to operating income, net income or any other performance measures determined in accordance with GAAP. Investors and others should note that AVANGRID routinely posts important information on its website and considers the Investor Relations section, www.avangrid.com/wps/portal/avangrid/Investors,a channel of distribution. Three Months Ended Year Ended December 31, December 31, 2020 2019 2020 2019 $ 1,669 $ 1,607 $ 6,320 $ 6,336 380 408 1,379 1,509 678 591 2,466 2,305 239 252 987 933 150 145 619 591 1,447 1,396 5,451 5,338 222 211 869 998 3 120 18 121 0 2 (3 ) 3 (65 ) (84 ) (316 ) (310 ) 160 249 568 812 8 66 29 169 152 183 539 643 14 7 42 24 $ 166 $ 190 $ 581 $ 667 $ 0.54 $ 0.61 $ 1.88 $ 2.16 $ 0.54 $ 0.61 $ 1.88 $ 2.16 309.5 309.5 309.5 309.5 309.6 309.5 309.6 309.5 Three Months ended December 31, Year ended December 31, 2020 2019 '20 vs '19 2020 2019 '20 vs '19 $ 182 $ 109 $ 73 $ 546 $ 463 $ 83 (4 ) 72 (76 ) 103 224 (120 ) (13 ) 9 (22 ) (67 ) (20 ) (48 ) $ 166 $ 190 $ (24 ) $ 581 $ 667 $ (86 ) 1 3 (1 ) 6 6 (0 ) 14 (10 ) 25 5 (76 ) 81 0 18 (18 ) 9 33 (24 ) 8 - 8 29 - 29 6 - 6 6 - 6 5 - 5 5 - 5 (9 ) (3 ) (6 ) (16 ) 10 (25 ) $ 191 $ 198 $ (6 ) $ 625 $ 640 $ (15 ) Three Months ended December 31, Year ended December 31, Adjusted 2020 Adjusted 2019 Adjusted '20 vs '19 Adjusted 2020 Adjusted 2019 Adjusted '20 vs '19 $ 189 $ 110 $ 79 $ 568 $ 465 $ 103 7 78 (71 ) 115 193 (78 ) (4 ) 10 (15 ) (58 ) (17 ) (40 ) $ 191 $ 198 $ (6 ) $ 625 $ 640 $ (15 ) Three Months ended December 31, Year ended December 31, 2020 2019 '20 vs '19 2020 2019 '20 vs '19 $ 0.59 $ 0.35 $ 0.24 $ 1.76 $ 1.50 $ 0.27 (0.01 ) 0.23 (0.24 ) 0.33 0.72 (0.39 ) (0.04 ) 0.03 (0.07 ) (0.22 ) (0.06 ) (0.15 ) $ 0.54 $ 0.61 $ (0.08 ) $ 1.88 $ 2.16 $ (0.28 ) 0.00 0.01 (0.00 ) 0.02 0.02 (0.00 ) 0.05 (0.03 ) 0.08 0.02 (0.25 ) 0.26 0.00 0.06 (0.06 ) 0.03 0.11 (0.08 ) 0.03 - 0.03 0.09 - 0.10 0.02 - 0.02 0.02 - 0.01 0.01 - 0.01 0.01 - 0.01 (0.03 ) (0.01 ) (0.02 ) (0.05 ) 0.03 (0.08 ) $ 0.62 $ 0.64 $ (0.02 ) $ 2.02 $ 2.07 $ (0.05 ) 309.5 309.5 309.5 309.5 Three Months ended December 31, Year ended December 31, Adjusted 2020 Adjusted 2019 Adjusted '20 vs '19 Adjusted 2020 Adjusted 2019 Adjusted '20 vs '19 $ 0.61 $ 0.35 $ 0.26 $ 1.84 $ 1.50 $ 0.33 0.02 0.25 (0.23 ) 0.37 0.62 (0.25 ) (0.01 ) 0.03 (0.05 ) (0.19 ) (0.06 ) (0.13 ) $ 0.62 $ 0.64 $ (0.02 ) $ 2.02 $ 2.07 $ (0.05 ) 309.5 309.5 309.5 309.5
AVANGRID Reports Fourth Quarter and Full Year 2020 Financial Results Affirming 2021 EPS & Adjusted EPS Outlook of $2.15-$2.35 Strong fourth quarter drives solid results for full year Completed New York rate case in November 2020 providing predictable regulated earnings; represents ~50% of Networks segment BOEM in final stages of reviewing Construction and Operations Plan for Vineyard Wind 1, U.S.s first large-scale offshore wind project; start of construction expected in second half of 2021 NECEC transmission project completed major permitting and started construction January 2021 Strategic merger with PNM Resources is on track and expected to close in second half of 2021
GARCHING, Germany--(BUSINESS WIRE)--SUSS MicroTec, a leading provider of systems and process solutions for the semiconductor industry and related markets, is opening the doors of its new production facility in HsinChu, Taiwan. The company is responding to increased industry demand due to booming applications and megatrends such as 5G, IoT, AI and mobility. With the new production site, the company will achieve even greater flexibility to be able to specifically meet the wishes of customers, such as accelerated lead, delivery and response times. The Asian customer base in particular will benefit from this added flexibility. In addition, even closer collaboration on current and future product generations can result from the proximity of application support and production to strategic key customers. The premises are located in Hsinchu Science Park, one of the world's most important centers for semiconductor manufacturing as well as industrial and computer technology development. The facility covers an area of 4,800 square meters, of which 2,900 square meters consist of a cleanroom area, including storage. The primary activity will be production and delivery of the majority of SUSS ACS200 coaters/developers by a workforce of around 50. The company has implemented a comprehensive recruitment and training program to staff the facility. This includes intensive training of the production team directly at the main production site in Germany. In addition, highly qualified specialists will be sent from the parent company to Taiwan to use their expertise to support the colleagues on site. "The rapidly increasing expansion of broadband data networks, further reinforced by the intensive use of digital communications due to the global Covid-19 pandemic, is currently leading to strong growth in the semiconductor industry's demand for production equipment. We expect this trend to continue in the coming years. With this in mind, expansion of our production capacity with the new Taiwanese location is crucial," says Franz Richter, CEO and Chairman of the Board of Management of SUSS MicroTec. "We will be able to give our Asian customers in particular better insight into completion of their products during regular production. This increased transparency is already finding wide acceptance and is being very well received by our customers." The new location has begun operation, and the first machines will be delivered to customers this year. About SUSS MicroTec SUSS MicroTec is a leading supplier of equipment and process solutions for microstructuring in the semiconductor industry and related markets. In close cooperation with research institutes and industry partners SUSS MicroTec contributes to the advancement of next-generation technologies such as 3D Integration and nanoimprint lithography as well as key processes for MEMS and LED manufacturing. With a global infrastructure for applications and service SUSS MicroTec supports more than 8.000 installed systems worldwide. SUSS MicroTec is headquartered in Garching near Munich, Germany. For more information, please visit www.suss.com
SUSS MicroTec Opens New Production Facility in Taiwan The new SUSS location in the state-funded Science Park in Hsinchu, Taiwan consists of an office and production area and an application, demonstration and training center. The expansion is a necessary step as part of the "SUSS 2025" corporate strategy, which envisages a significant increase in sales.
MISGAV, Israel, April 7, 2021 /PRNewswire/ --Vvital Biomed Ltd. ("Vvital"), a portfolio company of The Trendlines Group (SGX: 42T) (OTCQX: TRNLY), announced the appointment of Ed Rieflin as Chair of the Board. Ed brings 19 years of executive leadership experience and success from Thoratec, St. Jude Medical and Abbott Laboratories, where he served as Senior Vice President of Heart Failure. Commenting on the appointment Rieflin said, "Long-term treatment solutions to mitral valve regurgitation are the holy grail of this sector. Vvital's approach is highly promising, and I am thrilled to join the team in pursuing the development of their technology for the market." Vvital is developinga unique transcatheter mitral valve repair solutionto treat and prevent recurrenceof mitral regurgitation (MR), combining two repair techniques in one procedure and with one device implant. The mitral valve leaflets repair technique, together with its "annuloplasty effect," increases the longevity of the mitral valve leaflets regurgitation repair. Current Transcatheter Valve Repair solutions repair the valve leaflets but lack the ability to provide a long-term solution, which may lead to recurrent MR. Unlike current solutions, Vvital's Transcatheter Mitral Valve Repair invention is appropriate for primary and secondary MR, therefore applicable to 95% of MR patients. It is performed with minimal trauma to the native valve on a beating heart. Vvital CMO, Aram Smolinsky MD, the heart surgeon who introduced mitral valve repair to Israel and inventor of the Vvital solution, further elucidates, "Vvital's procedure immediately repairs the mitral valve regurgitation. Over time, the implant is surrounded by tissue ingrowth and becomes an integral part of the native mitral valve. The implant maintains the valve's dimensions and prevents future valve dilation and recurrent MR (annuloplasty effect)." Vvital CEO, Nir Golan remarked, "A true industry expert, Ed Rieflin is a great addition to our company. He will provide invaluable strategic and tactical advice to address the cardio market and further bolster the company's capabilities in bringing its solution for mitral and tricuspid valve repair to the market." Contact information:Nir Golan, CEO Vvital Biomed[emailprotected]Phone: +972.54.440.7090 SOURCE Vvital Biomed Related Links https://www.vvital.com/
Cardio Industry Executive Ed Rieflin Appointed to Chair Vvital Biomed USA - English USA - English Ed Rieflin brings 19 years of leadership experience from Thoratec, St. Jude Medical and Abbott Laboratories to advance Vvital's mitral valve solution
DUBLIN, May 13, 2020 /PRNewswire/ -- ResearchAndMarkets.com published a new article on the amusement parks industry, "Amusement Parks Begin Phased Re-Opening Since Outbreak of COVID-19" The COVID-19 pandemic has had a significant impact on amusement parks. As the virus continued to spread Disney was forced to shutter its parks in Asia, America and Europe while Six Flags announced that it would close down or delay the opening of its parks in the United States, Canada and Mexico. Some amusement parks have already begun to plan for a phased re-opening of their locations. Legoland Japan reopened on March 23rd with temperature checks prior to entry while Disney has set out its health and safety plan for Shanghai Disneyland, which will be the first of the company's locations to re-open on Monday May 11.Capacity management is expected to become important as more amusement parks begin to re-open in a post COVID-19 world. This could include only selling tickets during set intervals and allowing a limited number of guests to enter during each interval as well as introducing a one way traffic flow to minimize contact between guests. Some parks may also consider leaving seats or rows vacant on rides and reducing dining room capacity to encourage social distancing. As part of their capacity management plan, Shanghai Disneyland will initially operate at a much lowered capacity and slowly build up to a maximum 30% capacity target over a number of weeks.To see the full article and a list of related reports on the market, visit "Amusement Parks Begin Phased Re-Opening Since Outbreak of COVID-19" About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. 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
COVID-19: Amusement Parks Start Re-Opening, Plan to Tackle Capacity Management to Meet Social Distancing Guidelines English English
JACKSONVILLE,Fla., March 31, 2021 /PRNewswire/ --Healogics, the nation's leading provider of world-class wound care, as part of their 2021 The Year of Healing program, is spreading awareness of the importance of foot health to prevent wounds and the need for regular foot screening to detect non-healing wounds. Throughout April, Healogics team members will reach out to healthcare providers within their communities to encourage foot screenings and provide useful patient-focused educational resources. View PDF Download our 2021 April Foot Health Awareness infographic to learn more about foot health and wound prevention. Nearly 7 million Americans are living with a chronic wound, including 2 million who are living with diabetic foot ulcers. The longer a chronic or non-healing wound goes without proper treatment, the greater the chance of infection, hospitalization or even amputation. - Approximately 80% of lower extremity amputations are preceded by a foot ulceration. During the ongoing COVID-19 pandemic, some people living with chronic wounds have delayed seeking care for their wounds, leading to a sharp rise in the number of amputations. Dr. William Ennis, Healogics Chief Medical Officer, has identified through global publication research that the impact of COVID-19 has led to an increase of 40% to 50% in amputations when comparing equal time frames in 2020 versus 2019. Also, highlighting the importance to screen for non-healing wounds during Telehealth visits.The Healogics Foot Health campaign is part of the year-long 2021 The Year of Healing program, dedicated to empowering both patients and healthcare providers with resources to help improve health, heal wounds and prevent amputations. About HealogicsHeadquartered in Jacksonville, Fla., Healogics is the nation's wound healing expert. Last year over 300,000 patients received advanced wound care through a network of over 600 Wound Care Centers. Healogics also partners with over 300 skilled nursing facilities to care for patients with chronic wounds and provides inpatient consults at more than 60 partner hospitals. As the industry leader, Healogics has the largest repository of chronic wound-specific patient data in the country. The Healogics Wound Science Initiative offers peer-reviewed research and advanced analytics in the pursuit of not only better outcomes, but a better way to provide care.SOURCE Healogics Related Links http://www.healogics.com
Healogics 2021 The Year of Healing Program Focuses on Foot Health to Help Prevent Chronic Wounds and Support National Foot Health Awareness Month Throughout April
LONDON--(BUSINESS WIRE)-- DB ETC plc COMPANY ANNOUNCEMENT Immediate Release 19 April 2021 DB ETC plc (the Issuer) (Incorporated and registered in Jersey under the Companies (Jersey) Law 1991 (as amended) with registered number 103781) Re: Buy-Back of ETC Securities Announcement The Issuer has agreed to buy back the ETC Securities for the following Series as set out in the table below. Series Number of Securities to be bought back Trade Date Settlement Date ISIN: Series 02 - Xtrackers Physical Gold EUR Hedged ETC 30,000 15 April 2021 19 April 2021 DE000A1EK0G3 Series 09 - Xtrackers Physical Gold ETC (EUR) 15,000 15 April 2021 19 April 2021 DE000A1E0HR8 Following the buy-back of the ETC Securities described above, the total number DB ETC plc ETC Securities in issue in relation to this Series will be: Series 02 - Xtrackers Physical Gold EUR Hedged ETC 22,144,370 Series 09 - Xtrackers Physical Gold ETC (EUR) 19,154,997 Issuer Name LEI DB ETC plc 549300SNVSPBXF55RX28 Enquiries to: TMG.ETC@db.com DB ETC plc
Buy-Back of Securities
AUSTIN, Texas and DALLAS and HOUSTON and TYLER, Texas, Nov. 17, 2020 /PRNewswire/ -- Six of the most well-known, respected, and long-established orthopedic group practices in Texas have announced their launch as OrthoLoneStar, a single combined group practice in 2021. W.B. Carrell Clinic and Texas Orthopaedic Associates from Dallas, Fondren Orthopedic Group and Advanced Orthopaedics & Sports Medicine from Houston, Texas Orthopedics, Sports & Rehabilitation Associates from Austin, and Azalea Orthopedics from Tyler/East Texas are the founding divisions of OrthoLoneStar. Building on a legacy of independent private practice, the surgeons and physicians of the founding divisions believe that continuing a tradition of physician led practice will improve the delivery of healthcare across the state for the benefit of patients. Continue Reading OrthoLoneStar, PLLC "There is no better pathway to bring quality healthcare directly to patients than through their independent physician," stated OrthoLoneStar Medical Director J. Bryan Williamson, MD. "By bringing together groups with proven quality, we are able to dedicate best-in-class resources to drive value to the patient." OrthoLoneStar is 100% physician owned and is led by a board of directors comprised of fellowship trained board-certified orthopedic surgeons representing the founding divisions. At launch, OrthoLoneStar will have over 150 physicians, over 40 care centers, and over 1,000 employees. The oldest founding division, W.B. Carrell Clinic from Dallas, will celebrate their 100-year anniversary in 2021 making it the oldest orthopedic practice west of the Mississippi; all 6 divisions have deep roots in their communities. Future strategic plans include adding additional providers and locations across Texas. About OrthoLoneStarOrthoLoneStar is an integrated private practice group comprised of award-winning physicians with lengthy records of outstanding leadership and orthopedic expertise. The group provides orthopedic care to high-school, college, and professional sports programs across Texas. OrthoLoneStar has board certified fellowship trained specialists in every orthopedic program, including spine, sports medicine, trauma, pain, pediatric, and care for the entire musculoskeletal system. The practice has over 40 locations covering Dallas/North Texas, Austin/Central Texas, Houston/Southeast Texas, and Tyler/East Texas. For more information, please visit www.OrthoLoneStar.comContact:Adam Maurer, COO713-794-3352[emailprotected]SOURCE OrthoLoneStar, PLLC
Largest Independent Orthopedic Group in Texas Launches January 2021
LITTLE SILVER, N.J., Feb. 17, 2021 /PRNewswire/ --Additive Orthopaedics, LLC., announced today it has received an approval order from the U.S. Food and Drug Administration ("FDA") for its Humanitarian Device Exemption ("HDE") application for the Patient Specific Talus Spacer for treatment of avascular necrosis of the talus. The approval order makes the Additive Orthopaedics Patient Specific Talus Spacer the first and only patient specific total talus replacement implant approved by the FDA for use in the United States. Continue Reading (PRNewsfoto/Additive Orthopaedics, LLC.) The Patient Specific Talus Spacer is indicated for Avascular Necrosis ("AVN") of the ankle joint. Under the HDE, the Patient Specific Talus Spacer will be made available as a humanitarian use device, defined by the FDA as one intended to benefit patients in the treatment or diagnosis of a disease or condition that affects or is manifested in not more than 8,000 individuals in the United States per year. The Patient Specific Talus Spacer is an additively manufactured, or 3D printed, patient specific implant that is designed and made individually for each patient using CT image data. The device allows a patient to regain motion and reduce pain until the time a fusion potentially becomes necessary. Greg Kowalczyk, President of Additive Orthopaedics, stated, "Avascular necrosis of the talus is extremely painful and debilitating for these patients. Surgical treatment options are below-the-knee amputation or joint fusion, which results in loss of motion of the ankle and can have poor outcomes. The Patient Specific Talus Spacer is another example of how 3D printed devices can improve the standard of care. This is a tremendous regulatory win which took significant effort from our team and I want to thank everyone, including the U.S. Food and Drug Administration, who assisted in making this technology commercially available in the domestic market for patients suffering from AVN." The marketing and commercial launch of the Patient Specific Talus Spacer in the U.S. is expected to commence immediately.Access the FDA bulletin announcement here: https://www.fda.gov/news-events/press-announcements/fda-approves-first-world-first-its-kind-implant-treatment-rare-bone-disease-humanitarian-use-deviceAbout Additive Orthopaedics, LLC.Additive Orthopaedics leverages state-of-the-art 3D metal printing technology to design, manufacture, and market patient specific and off the shelf implants specializing in complex reconstructions, implant revisions, and limb salvage procedures.Built with LatTi-Structure to support bony in-growth, Additive Orthopaedics develops advanced implants with complex geometries leading to enhanced osteo-integration, not previously possible with traditional manufacturing processes.Contact:Greg KowalczykPresident[emailprotected]Source:Additive Orthopaedics, LLCwww.additiveorthopaedics.comSOURCE Additive Orthopaedics, LLC. Related Links http://www.additiveorthopaedics.com
Additive Orthopaedics Announces FDA Approval of Patient Specific Talus Spacer, First Approved in the U.S. Company Can Now Initiate Commercial Marketing, Sale, and Distribution of Patient Specific Talus Spacer Implants
ALISO VIEJO, Calif., March 4, 2021 /PRNewswire/ -- Transceptathe leading provider of intelligent e-procurement and accounts payable (AP) automation solutionsteamed up with Ardent Partners, a research and advisory firm focused on the supply management marketplace, to release a research report and webinar aimed at helping CFOs and accounts payable (AP) professionals better plan and prepare for their AP automation needs in 2021. Transcepta's Vice President of Corporate Strategy Shan Haq hosted a webinar, with Ardent Partners' Vice President of Research Bob Cohen as a guest speaker, that broke down and discussed the significance of survey results in the recently released "Ardent Partners: AP Metrics That Matter 2021" report. Ardent's annual AP Metrics That Matter report is an e-book that offers an investigation into the current state of procure-to-pay (P2P) and ePayables, providing insights into technological advancements, success drivers, and significant challenges facing accounts payable teams. During the webinar, Cohen and Haq discussed the report, offering guidance to organizations of all sizes and across all industries about how to apply the metrics to evaluate and improve current AP processes, as well as think more strategically about the value that AP departments can provide to improve overall efficiency, scalability, business intelligence, and revenue. According to survey results, the pandemic accelerated the need for businesses to automate accounts payable. Tweet this Cohen stressed the importance of evaluating metrics that provide insight into current challenges and trends, as well as visions for the future, in order to understand the state of the profession and develop smarter, next generation systems. Of note, the report revealed that AP teams view eliminating invoice exceptions and manual processes as high priorities on their wish list. "We look at metrics to understand how we're doing and what's possible," said Cohen. "How do we really measure ourselves today and see what we're doing, and also set goals for tomorrow? It was illuminating to see that AP is starting to view themselves as part of a larger ecosystem, with a willingness to think more strategically and an understanding that they can provide valuable information and insight across their organizations."Discussion topics focused on priorities indicated in the report, including: The overall impact of COVID-19 on businesses and AP How COVID-19 highlighted the urgency for AP leaders to automate The traits of AP processes in best-in-class organizations Top challenges and trends for AP in 2021 The importance of moving AP from a tactical to a strategic function How AP will evolve over the next few years In particular, the results showed not only a shift toward automation of the accounts payable process, but also that the shift is accelerating. According to Haq, that aligns with what he saw from businesses that approached Transcepta about adopting automation, with companies eager to move quickly in order to combat the challenges they are facing. "In their gut, customers know that manual processes, paper-based processes, are not good for any of the stakeholders, and they want to move away from it," said Haq. "The pandemic only accelerated the need to automate accounts payable."Both the webinar and the full Ardent Partners report available as an e-book can be accessed here. ABOUT ARDENT PARTNERSArdent Partners is a research and advisory firm focused on defining and advancing the supply management strategies, processes, and technologies that drive business value and accelerate organizational transformation within the enterprise.Ardent Partners actively covers the supply management solutions marketplace and produces research to help business decision makers understand the technology landscape and identify the best-fit solution(s) for their specific needs. We believe our team's first-hand experience evaluating, developing, packaging, deploying, and using supply management solutions on behalf of enterprises in the Global 2000 and public sector makes us eminently qualified to advise our clients to make smart decisions in this area. For more information, visit www.ardentpartners.com. ABOUT TRANSCEPTA Transcepta offers an intelligent procure-to-pay (P2P) platform that enables accounts payable (AP) and procurement teams to achieve 100 percent straight-through invoice processing across their supply chains, without scanning or OCR imaging. Using artificial intelligence, the platform eliminates invoice exceptions, uncovers potential supply chain disruptions, and transforms the way enterprise organizations manage and collaborate with suppliers. Since 2005, the world's most respected companies and organizations have partnered with Transcepta for e-procurement and AP automation to make informed, data-driven decisions, and drive increased profits. For more information visit Transcepta.com.SOURCE Transcepta
State of Accounts Payable Research Released for CFOs and AP Professionals Preparing Their AP Automation Plans for 2021 Ardent Partners and Transcepta Present New Research in "AP Metrics That Matter" Report, Illuminating Current and Future AP Trends in Video and Downloadable E-Book
MUNICH--(BUSINESS WIRE)--ADVA (FSE: ADV) today announced that its stringent targets to reduce greenhouse gas emissions have been approved by the Science Based Targets Initiative (SBTi). The new commitment is aligned with the most ambitious goals of the Paris climate accord: limiting global temperature increase to 1.5C above pre-industrial levels. ADVA, which was one of the first telecommunication technology suppliers to have targets validated by SBTi, is now committed to a 67% cut in emissions from its own operations by 2032. The new goals are part of a holistic sustainability strategy alongside radical improvements to the energy efficiency of ADVAs complete product line. The targets are also a major step towards ADVAs own production processes becoming carbon neutral. This new pledge puts us in line with the most aggressive internationally agreed targets for tackling greenhouse gasses. By shrinking our operations emissions by 67%, were helping to keep global warming below the most dangerous levels and moving our business significantly closer to a carbon-neutral future, said Klaus Grobe, director, sustainability, ADVA. Our upgraded commitment illustrates the strength of our dedication to environmental protection and social responsibility. Whats more, it goes hand in hand with our ongoing innovation to reduce emissions across the lifecycle of our products. By boosting energy efficiency, even as data demand multiplies, were creating a truly sustainable digital ecosystem and helping our customers meet their own ambitious sustainability goals. ADVAs new targets will be realized through dramatic reductions in CO2 emissions from its car fleet and from purchased electricity. This will include a transition to 100% renewable energy across all key ADVA sites. The company also has an SBTi-approved target in place for a 3% drop in product use-phase emissions. This is an extremely ambitious goal, given the exponentially rising demand for internet bandwidth. Other notable areas of ADVAs sustainability strategy include its award-winning focus on ecodesign with products optimized for raw material intake and recycling output. The company has also won recognition for its industry-leading sustainability practices with four years of gold ratings from the TIA Sustainability Initiative and, most recently, a platinum sustainability rating from EcoVadis, putting ADVA in the top 1% of participating companies. Our strict new science-based environmental targets highlight our deep-rooted and long-standing dedication to sustainability. Everyone needs to play their part in lowering their carbon footprint by finding new ways to enhance energy efficiency and reduce waste. Now, as well as our continuing drive to improve the space and power utilization of our solutions, were dramatically reducing emissions at our own sites, commented Stephan Rettenberger, marketing and investor relations, ADVA. ICT technology will be the foundation for carbon improvements across all industries in the next few years. As demand for broadband capacity continues to grow, it becomes even more vital for us as ICT vendors to step up and ensure that networking itself is truly sustainable. About ADVA ADVA is a company founded on innovation and focused on helping our customers succeed. Our technology forms the building blocks of a shared digital future and empowers networks across the globe. Were continually developing breakthrough hardware and software that leads the networking industry and creates new business opportunities. Its these open connectivity solutions that enable our customers to deliver the cloud and mobile services that are vital to todays society and for imagining new tomorrows. Together, were building a truly connected and sustainable future. For more information on how we can help you, please visit us at www.adva.com. Published by: ADVA Optical Networking SE, Munich, Germany www.adva.com
ADVA sets ambitious new targets to radically reduce carbon emissions News summary: SBTi validates ADVAs commitment to meet 1.5C Paris Agreement limit Operations emissions to be cut by 67% Major step towards carbon-neutral operations
BETHLEHEM, Pa., March 5, 2021 /PRNewswire/ -- The days of the plaster and fiberglass casts for immobilizing injured or broken limbs may soon be over, like rotary phones and party lines. With the introduction of 3D-printed, durable plastic casts by ActivArmor, of Colorado, many of the inconveniences of traditional casts could become history, replaced by a range of benefits. St. Luke's offers a new kind of cast from ActivArmor. ActivArmor is a custom-made device that form-fits the anatomy: hands, wrists, arms and lower limbs. St. Luke's University Health Network is the first healthcare organization in Pennsylvania to offer this innovative option, possibly rendering traditional casts obsolete in time. Kristofer Matullo, MD, St. Luke's board-certified orthopedic surgeon who specializes in disorders of the hand and wrist, will debut the ActivArmor product in early March in the region. He's impressed with its construction and benefits for patients. "This device is really going to improve patient comfort, convenience and quality of life," says the network's chief of the division of hand surgery. "It is lighter in weight, easier to maintain and offers the wearer the convenience of being able to scratch an itch through the lattice-like openings in the cast."To make the cast, a 3D scan is made of the affected appendage, then the image is sent to ActivArmor using proprietary software. The printer creates two, "clamshell-like" halves of the cast, which are then fitted onto the patient's affected body part. It can be locked on like a cast or removed like a splint to allow swelling of an injured area to subside.The ActivArmor product comes in a variety of attractive colors. Because of its lattice-like spaces, wound care, treatment with advanced healing technologies, cleaning of the skin or sanitizing the device to remove pathogens like the coronavirus all can be done while the cast is being worn.The 3D cast can get wet and wearing it doesn't impinge on many activities of an active lifestyle, including sports. The plastic is recyclable and 100 percent biocompatible, says Megan Augustine, MS, Network Director of St. Luke's Simulation Center, who researched and spearheaded the introduction of ActivArmor to St. Luke's orthopedics department. She calls it "a perfect match for improving the overall quality of care for our patients here at St. Luke's." It will be available to orthopedic patients throughout the St. Luke's network.As a busy orthopedic surgeon,Dr. Matullosees up to 170 patients each week and performs 900-1000 surgeries each year. He believes ActivArmor casts will be ideal for adults and most children.About St. Luke'sFounded in 1872, St. Luke's University Health Network is a fully integrated, regional, non-profit network of more than 16,000 employees providing services at 12 hospitals and 300 outpatient sites. With annual net revenue in excess of $2.5 billion, the Network's service area includes 11 counties in Pennsylvania and New Jersey. Dedicated to advancing medical education, St. Luke's is the preeminent teaching hospital in central-eastern Pennsylvania. SOURCE St. Luke's University Health Network
New 3D-Printed Orthopedic Casts
LOS ANGELES, March 30, 2020 /PRNewswire/ --DoubleLine Capital LP has posted a new paper titled "EU Orthodoxy at the Crossroads of COVID-19" by Bill Campbell, a Portfolio Manager for the DoubleLine Global Bond Strategy. Heads of European governments had been discussing a joint European bond issuance, nicknamed "corona bonds," to help offset the economic shock of the measures implemented to slow the spread of the pandemic. Pushback to this joint fiscal action emerged March 26 at a virtual summit of elected leaders. In the commentary, Mr. Campbell warns that stalemate on this proposal risks destabilizing Europe's most vulnerable countries and reigniting the Eurosceptic political movements. To download the paper, please go here: https://doubleline.com/dl/wp-content/uploads/The-EU-and-COVID-19-March-30-2020.pdf About DoubleLine Capital LP DoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at [emailprotected]. News media can reach DoubleLine by e-mail at [emailprotected]. DoubleLine is a registered trademark of DoubleLine Capital LP. SOURCE DoubleLine Related Links www.doubleline.com
DoubleLine Commentary: "EU Orthodoxy at the Crossroads of COVID-19"
NEW YORK, May 25, 2020 /PRNewswire/ -- Injection molding machine plays a crucial role in plastics processing machinery, constituting 40% to 50% of the total output value of plastics processing machinery in China. In 2019, injection molding machines made up 45.4% of China's plastics machinery exports; and it seized a 38.1% share in China's imports of the same kind.Read the full report: https://www.reportlinker.com/p0934676/?utm_source=PRN China's output of injection molding machine would drop to 100,400 units in 2019 due to the depressed markets like automobile and 3C, and the figure will continue the bearish trend in the wake of the COVID-19 pandemic. As expected, China's output of injection molding machines will recover with the demand growth from downstream markets and the motivation of replacing steel, nonferrous metals, cement and timber with plastics as well as the lightweight momentum.Of the Chinese injection molding machine producers including Haitian International Holdings Limited, The Chen Hsong Group, Guangdong Yizumi Precision Machinery, L.K. Technology Holding Limited, Borch Machinery, Tederic Machinery, etc., Haitian International Holding Limited is the largest one with its market share in 2019 reaching 34.1%. China National Chemical China (ChemChina) acquired the Germany-based Krauss Maffei and incorporated it into Qingdao Tianhua Institute Of Chemistry Engineering Co., Ltd which was later listed on Shanghai Stock Exchange and renamed on September 9, 2019 as Kraussmaffei Co., Ltd (now being the second largest producer of injection molding machines in China, seizing 20.4% market shares in 2019).Confronting the weak domestic demand and the depressed export, the Chinese manufacturers of injection molding machine strengthen their competitiveness through more efforts in the R&D and innovation of products as well as exploration of overseas markets. During 2018-2019, the leaders such as Haitian International Holdings Limited, The Chen Hsong Group, Guangdong Yizumi Precision Machinery, Borch Machinery and Tederic Machinery were pacing up their expansion abroad.Injection molding machine is heading toward the 'electrified, large-sized, intelligent, connected' trend alongside an ever higher demanding on the precision, stability, energy saving and efficiency from downstream sectors like 3C, medical, airplane and high-speed railways.The report highlights:Global injection molding machine industry (rubber & plastic machinery and injection molding machine market analysis, key market segments and competitors);Chinese injection molding machine industry (development environment, supply & demand, import & export, competition pattern and key applied markets);Analysis of main injection molding machine markets;Development of injection molding machine in provinces/municipalities of China;10 foreign and 21 Chinese injection molding machine manufacturers (operation, revenue structure, injection molding machine business, etc.);Conclusion and prediction (market and corporate summary, development tendenciesRead the full report: https://www.reportlinker.com/p0934676/?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 and China Injection Molding Machine Industry Report, 2020-2026
CHICAGO, Dec. 9, 2020 /PRNewswire/ -- Harney Partners, a corporate turnaround and restructuring advisory firm, is pleased to announce the successful sale of Wisconsin-based catalog printer Arandell Corporation to an investment group led by a newly formed affiliate of Saothair Capital Partners for cash and other consideration totaling more than $31 million. Harney Partners served as financial advisor to Arandell prior to and during the Chapter 11 process and the sale transaction that closed on December 4, 2020. Continue Reading Arandell Corporation Emerges from Bankruptcy with $31 million Sale to Saothair Capital Partners Founded in 1922 and based in Menomonee Falls, WI, Arandell is a U.S. leader in high-quality catalog and brochure printing, mailing and logistics, with a strategic focus on upscale retailers and well-recognized brands throughout the United States. With over 500 employees, Arandell's operations include a state-of-the-art prepress department, one of the industry's most efficient heat-set web pressrooms, and a bindery that includes saddle stitching, perfect binding and co-mailing capabilities. Saothair is a private investment firm focused exclusively on investing in lower-middle market manufacturing and industrial businesses facing unique financial or operational challenges. Arandell's decision to go through the Chapter 11 process was driven in large part by industry changes resulting from the COVID-19 pandemic and a desire to reduce debt and better position itself to compete and deliver exceptional products and services. The decision followed a comprehensive evaluation of the Company's strategic options, undertaken with the assistance of Harney Partners, along with the Company's investment banker Promontory Point Capital, and the Company's restructuring counsel Steinhilber Swanson LLP, and Young Conaway Stargatt & Taylor LLP.Prior to the bankruptcy filing in the U.S. Bankruptcy Court of Delaware in August, 2020, Harney Partners and Steinhilber Swanson negotiated a $31.5 million debtor-in-possession (DIP) financing arrangement on behalf of Arandell, including a $7.5 million revolving inventory loan with incumbent senior lenders and a $24 million accounts receivable factoring facility from LSQ Funding Group, L.C. Harney Partners also renegotiated the terms of Arandell's main headquarters and printing facility lease, adding significant value to the post-bankruptcy company. Promontory Point Capital and Harney Partners worked jointly to identify a buyer and negotiate the sale transaction, which was approved by the Bankruptcy Court on November 25, 2020. "We were pleased to find the best solution for Arandell that will enable them to continue providing outstanding print and digital media services and preserve more than 500 jobs," said Jim Keane, Managing Director at Harney Partners, "Arandell emerged from the bankruptcy process in less than four monthsa testament to the company's strong fundamentals. We were fortunate to work with a great team of collaborative advisors and stakeholders to facilitate a successful outcome."Along with Saothair, the investor group included Ocean Avenue Capital Partners and Farragut Capital Partners. Senior financing was provided by Siena Lending Group LLC (as Agent and Lender) and Great Rock Capital Partners LLC (as Lender). Jenner & Block provided legal counsel to the investor group. The following team represented Arandell:Financial Advisors:Jim Harney, Jim Keane, Mac Rowland and Wade Horst of Harney PartnersAttorneys:Jim Sweet, Michael Richman, Virginia George and Lisa Eddy of Steinhilber Swanson, LLP; Michael Nestor, Andrew Magaziner, and Matthew Milana of Young Conaway Stargatt & Taylor LLPInvestment Bankers:Bill Penkwitz of Promontory Point CapitalAbout:Harney Partners is a national, corporate advisory firm that provides independent, multi-disciplinary solutions for middle-market companies and their stakeholders to overcome financial and operational challenges. They specialize in restructuring and turnaround, bankruptcy advisory, fiduciary services, transaction advisory, interim management, and forensics and litigation services. www.harneypartners.com.Media Contact:Gina Budd512-422-6571[emailprotected]SOURCE Harney Partners Related Links http://www.harneypartners.com
Arandell Corporation Emerges from Bankruptcy with $31 Million Sale to Saothair Capital Partners Harney Partners acts as financial advisor to commercial printer
NEW YORK--(BUSINESS WIRE)--Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a senior secured credit facility to support add-on acquisitions for Backstage (the Company), a portfolio company of TA Associates and online career platform for creative talent. Backstage acquired The Mandy Network, a UK-based talent platform for cast, crew, production services and creative professionals, and StarNow, a New Zealand-based talent platform for actors, models, influencers, and musicians. Headquartered in Brooklyn, NY, Backstage is a global platform that enables productions, brands, marketing agencies, and businesses to discover and work with highly skilled creative talent. The Backstage technology platform uniquely serves the needs of the fast-growing universe of talent and content creators, which has been driven by the democratization and proliferation of content creation. Together with the acquisitions of The Mandy Network and StarNow, Backstages user base includes over 250,000 paid subscribers, including actors, dancers, models, singers and voice-over talent; and over 20 million content creators and talent seekers including professional casting directors, brand & acquisition marketers, production companies, advertising agencies and corporate end-users engage with the platform annually. Backstage has served as a leading resource for both the film and performing arts sectors for over 50 years, and the addition of StarNow and The Mandy Network will further enhance the Companys scale by broadening its geographic footprint, said Adam Weiss, Managing Director at Audax Private Debt. We are thrilled to be supporting Backstage and are confident that TA Associates will help the Company build upon this exciting momentum. Audax Private Debt played a critical role in these transactions, and we appreciate their flexibility and ability to meet the timelines we set forth, said Jason Mironov, Managing Director at TA Associates. We look forward to continuing our partnership with the Audax team as we support Backstage in its next phase of growth and expansion. About Backstage Founded in 1960 and headquartered in Brooklyn, New York, Backstage enables productions, brands, marketing agencies and businesses to efficiently discover and work with highly skilled creative talent. The companys mission is to make the content creation process more efficient, effective and scalable. Backstage fosters career development and economic success for its users by developing and operating dedicated industry-specific profiles, workflow tools and jobs & services marketplaces to serve the unique demands of each creative vertical. To learn more, visit www.backstage.com. About Audax Private Debt Audax Private Debt has invested over $21 billion across more than 835 established middle market companies in support of over 235 private equity sponsors. Our platform offers a range of financing solutions, including first lien, stretch senior, unitranche, second lien and subordinated debt, as well as equity co-investments. We provide financing certainty, add-on investment capability, and the experience and collaborative approach to work with portfolio companies. Based in New York, our experienced team of investment professionals has built lasting relationships, establishing Audax Private Debt as a trusted name in the U.S. middle market. For more information, please visit www.audaxprivatedebt.com. Audax Private Debt is an integral part of Audax Group, a leading alternative investment manager headquartered in Boston with offices in New York and San Francisco. Since its founding in 1999, the firm has raised over $27 billion in capital across its Private Debt and Private Equity businesses.
Audax Private Debt Provides Financing to Support Backstages Acquisitions of StarNow and The Mandy Network
NEW ORLEANS--(BUSINESS WIRE)--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 Inovio Pharmaceuticals Inc. (NasdaqGS: INO). On March 9, 2020 Citron Research published a statement highlighting the Companys ludicrous and dangerous claim that they designed a [COVID-19] vaccine in 3 hours and calling for an SEC investigation into the claims. That same day, the Company disclosed that its purported COVID-19 vaccine, which had been developed within three hours, was not a fully-fledged vaccine at all, but merely a construct for a vaccine. Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws, which remains ongoing. KSFs investigation is focusing on whether Inovios officers and/or directors breached their fiduciary duties to Inovios 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 Inovio 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 (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-ino/ to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations 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.
INOVIO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Inovio Pharmaceuticals Inc. - INO
SAN FRANCISCO--(BUSINESS WIRE)--Developers and owners are turning to the disruptive method of Modular and Offsite Construction, to deliver high quality affordable housing at a fraction of the time and cost. Bay Area builder Cahill Contractors is a well recognized general contractor leading the charge and as more work moves offsite, they are rethinking traditional processes by using project management software like Offsight to manage Offsite/Modular Construction projects. The United States is facing a nationwide affordable housing crisis. In the State of California, real estate prices are rising 3 times as fast as household income and 50% of households cannot afford suitable housing. To bridge this housing gap, owners and contractors must build more than 3.5 Million units in the next few years with modern methods of construction to keep housing prices attainable. Cahill Contractors leverages Offsights project management software to manage the prototyping quality process for several large scale multifamily affordable projects. Offsights Manager Dashboard visualizes the manufacturing and assembly process with defined work stations and enables quality reporting with images and checklists for better collaboration with the factory. Offsight feeds RFIs, Submittals, Shop Drawings and documentation to operators and quality inspectors on the factory floor, during key parts of the prototyping and production process. After the prototyping process is completed, Offsights production management capabilities help track manufacturing progress and close out any unresolved tasks from the factory, before final installation on the jobsite. This is critical to achieving end-to-end quality traceability for each module. Offsight has allowed us to establish a consolidated central hub of information for our offsite projects, by which our QC staff is then able to utilize and input live data to record, track & monitor deficiencies, said Kyle Morris, Project Manager at Cahill Contractors. Offsights quality management features provide Cahill Contractors with detailed notes and annotated photos on non-conformance issues, installation errors, and built-to-spec confirmations. The quality workflow reporting shows current pending and unresolved tasks for each individual module across multiple large scale, multi-family affordable housing projects. As general contractors worldwide take on more offsite construction projects and tackle the growing affordable housing crisis, they will face similar challenges around managing modular prototyping and production quality. Cahill Contractors demonstrates how adopting technology platforms like Offsight helps general contractors make the offsite transition easier. Related Links: www.offsight.com
Offsight Helps Cahill Contractors Build & Manage Their Bay Area Affordable Housing Projects
DUBLIN--(BUSINESS WIRE)--The "Technology Landscape, Trends and Opportunities in the Global Automotive Biometric Identification Market" report has been added to ResearchAndMarkets.com's offering. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the automotive biometric identification market. The technologies in automotive biometric identification have undergone significant change in recent years, with fingerprints to facial recognition. The rising wave of new technologies, such as finger vein recognition using pattern-recognition, and eye ball recognitions technologies are creating significant potential for automotive biometric identification in various vehicle platforms as it provides vehicle identification and authentication for various applications including vehicular access, ignition switch, vehicle immobilizer, rationalization, and health monitoring. In this market, various technologies such as fingerprint, voice, iris, facial, gesture, and multimodal are used in passenger cars, light commercial vehicles, and heavy commercial vehicles. The growing focus on the development of autonomous vehicles, rising demand for vehicle safety and security, and rising adoption of advanced technologies, such as artificial intelligence and cloud connectivity in vehicles are creating opportunities for various automotive biometric identification technologies. Some of the automotive biometric identification companies profiled in this report include Continental, Robert Bosch, Fujitsu, OSRAM Licht, Synaptics Incorporated, Precise Biometrics, Nuance Communications, Fingerprints Cards. This report answers the following 9 key questions: Key Topics Covered: 1. Executive Summary 2. Technology Landscape 2.1. Technology Background and Evolution 2.2. Technology and Application Mapping 2.3. Supply Chain 3. Technology Readiness 3.1. Technology Commercialization and Readiness 3.2. Drivers and Challenges in Automotive Biometric Identification Technologies 3.3. Competitive Intensity 3.4. Regulatory Compliance 4. Technology Trends and Forecasts Analysis from 2013-2024 4.1. Automotive Biometric Identification Opportunity 4.2. Technology Trends (2013-2018) and Forecasts (2019-2024) 4.2.1. Fingerprint 4.2.2. Voice 4.2.3. Iris 4.2.4. Facial 4.2.5. Gesture 4.2.6. Multimodal 4.3. Technology Trends (2013-2018) and Forecasts (2019-2024) by Application Segments 4.3.1. Passenger Cars 4.3.1.1. Fingerprint 4.3.1.2. Voice 4.3.1.3. Iris 4.3.1.4. Facial 4.3.1.5. Gesture 4.3.1.6. Multimodal 4.3.2. Light Commercial Vehicles 4.3.2.1. Fingerprint 4.3.2.2. Voice 4.3.2.3. Iris 4.3.2.4. Facial 4.3.2.5. Gesture 4.3.2.6. Multimodal 4.3.3. Heavy Commercial Vehicles 4.3.3.1. Fingerprint 4.3.3.2. Voice 4.3.3.3. Iris 4.3.3.4. Facial 4.3.3.5. Gesture 4.3.3.6. Multimodal 5. Technology Opportunities (2013-2024) by Region 5.1. Automotive Biometric Identification Market by Region 5.2. North American Automotive Biometric Identification Technology Market 5.3. European Automotive Biometric Identification Technology Market 5.4. APAC Automotive Biometric Identification Technology Market 5.5. ROW Automotive Biometric Identification Technology Market 6. Latest Developments and Innovations in the Automotive Biometric Identification Technologies 7. Companies/Ecosystem 7.1. Product Portfolio Analysis 7.2. Market Share Analysis 7.3. Geographical Reach 8. Strategic Implications 8.1. Implications 8.2. Growth Opportunity Analysis 8.2.1. Growth Opportunities for the Automotive Biometric Identification Market by Technology 8.2.2. Growth Opportunities for the Automotive Biometric Identification Market by Application 8.2.3. Growth Opportunities for the Automotive Biometric Identification Market by Region 8.3. Emerging Trends in the Automotive Biometric Identification Market 8.4. Disruption Potential 8.5. Strategic Analysis 8.5.1. New Product Development 8.5.2. Capacity Expansion of the Automotive Biometric Identification Market 8.5.3. Mergers, Acquisitions, and Joint Ventures in the Automotive Biometric Identification Market 9. Company Profiles of Leading Players 9.1. Continental 9.2. Robert Bosch 9.3. Fujitsu 9.4. OSRAM Licht 9.5. Synaptics Incorporated 9.6. Precise Biometrics 9.7. Nuance Communications 9.8. Fingerprints Cards 9.9. Methode Electronics, Inc. 9.10 .Safran S.A. For more information about this report visit https://www.researchandmarkets.com/r/8ju5xn
Technology Landscape, Trends and Opportunities in the Global Automotive Biometric Identification Market, 2021 Report - ResearchAndMarkets.com
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) welcomed Pressed Cafe as the first onsite restaurant amenity to 330 Billerica Road in Chelmsford, Massachusetts with the recent execution of a new 10-year lease for 5,675 square feet. Chris Bilotto, Vice President, Asset Management of The RMR Group made the following statement: We are thrilled to welcome Pressed Cafe to 330 Billerica Road, offering a convenient and exciting dining amenity with high quality food options to the entire park and surrounding community. We extend our gratitude to the Town of Chelmsford, which has been instrumental with its proactive outreach to businesses and its implementation of a master plan to enhance the presence and connectivity of the business park. Expected to open in 2022, the location will be the eighth for Pressed Cafe, which offers customers local craft-roasted coffee & espresso, smoothies, cold-pressed juice and a wide variety of fresh sandwiches, paninis, made-from-scratch soups, salads and breakfast all day. In addition to offering indoor and outdoor patio seating, they will also feature convenient online ordering pickup, and a full menu drive-thru operation. More information on Pressed Cafe can be found at pressedcafe.com. Pressed Cafes lease is for space on the first floor of 330 Billerica Road, a two-story 98,048 square foot building currently undergoing a lobby and faade renovation for completion in 2020. The property offers flexible floorplates, modern high ceilings, extensive window lines and is positioned to accommodate office, lab and R&D and retail related uses. Situated in Chelmsfords Cross Roads district along Route 129, 330 Billerica Road provides convenient access to Route 3 and Interstate 495, connecting tenants and their employees to suburban Boston communities in Massachusetts and Southern New Hampshire. The property is owned by Office Properties Income Trust (Nasdaq: OPI) and managed by The RMR Group, which is responsible for providing all aspects of management services and strategy for more than 1,300 properties with over 93 million square feet of commercial office, industrial, medical office, life science and retail space. The landlord was represented by Peter Montesanto of SRS Real Estate Partners. The tenant was represented by David Maida of Allied Restaurant Group. About The RMR Group Inc. The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate related operating companies. As of June 30, 2020, The RMR Group LLC had $32.0 billion of total assets under management, including more than 2,100 properties, and employed over 600 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had nearly 45,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts. About Office Properties Income Trust Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics like government entities. OPI is managed by the operating subsidiary of The RMR Group Inc. About Chelmsford Cross Roads at Route 129 The Town of Chelmsford is very pleased to provide a dedicated municipal support team for the Cross Roads at Route 129 corridor (ChelmsfordCrossRoads129.com). It is proud to offer continual partnership with companies such as Triton Systems. The Town promotes business attraction for pursuit of advanced technology companies and assertive growth in the Cross Roads of Route 3 and Route 495. The Chelmsford Business Development Office is located on Route 129 at 50 Billerica Road and administers municipal efforts in the Cross Roads area. Contact: Lisa Marrone, Director of Business Development, lmarrone@chelmsfordma.gov; (978) 244-3303. WARNING REGARDING FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon RMRs present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond RMRs control. For example: For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Except as required by law, RMR does not intend to update or change any forward-looking statements as a result of new information, future events, or otherwise.
The RMR Group Welcomes Pressed Cafe to 330 Billerica Road in Chelmsford, MA Office Parks First Onsite Dining Option Is Result of Collaboration with Town of Chelmsford on Its Cross Roads at Route 129 Initiative
RICHARDSON, Texas--(BUSINESS WIRE)--HFR Networks, leading the industry with intelligent xHaul RAN Transport and Edge Access solutions, and Fujitsu Network Communications, Inc., a leading provider of network digital transformation solutions, today announced the industrys first 25G Smart Tunable Optics as part of the proven flexiHaul portfolio of solutions. Also available supporting 10G, Smart Tunable Optics reduce deployment and operational costs while simultaneously supporting 4G LTE, 5G, and Ethernet services. These self-tuning optical transceivers enable 5G applications, automate fast service turn-up, and include full operational visibility on xHaul transport links for proactive management of active or passive remote sites. With 5G technology delivering greater peak capacity and higher bandwidth speeds with much lower latency, its no surprise that an evolved, next-generation xHaul architecture is required to support increased performance. 5G fronthaul is driving 25G transport as an essential requirement, including the ability to combine existing 10G services across a variety of equipment and technologies from different RAN suppliers. Intelligent self-tuning optics enable network operators to maximize valuable fiber capacity while saving on space and power at remote sites by using only passive components. This is critical for operators around the world as they continue deploying additional LTE capacity in parallel with quickly ramping new 5G services. As the industrys first 25G self-tuning optical transceiver available for 5G xHaul deployments, HFR Networks Smart Tunable Optics seamlessly integrate into its flagship flexiHaul transponder based and Time Sensitive Networking (TSN) portfolios. As an HFR Networks partner, Fujitsu offers the Smart Tunable Optics as part of its Smart xHaul transport solution. HFR Networks solutions deliver service providers significant operational benefits with the ability to work seamlessly across cellular generations and vendors without having to source multiple fixed optics or proprietary solutions from any specific radio or edge equipment supplier. Smart Tunable Optical transceivers automatically self-tune to the correct wavelength without intervention by the host system or a field technician. Combined with HFR Networks flexiHaul Element Management System, these Smart Tunable Optics create a remote virtualized shelf to provide full network operations, administration and maintenance (OA&M) visibility and management of important access transport links. The integrated service channel provides a demarcation point between the transport and radio, remote radio head (RRH) or radio unit (RU) connectivity verification, traffic testing, and a built-in PRBS pattern generator to test link quality and transceiver operation. These capabilities dramatically simplify operations to ensure rapid system turn ups, higher performance, and SLA compliance while reducing the total cost of ownership over the life of the network. As a strategic partner of Fujitsu, HFR Networks continues to provide the innovation required by our customers, said Paul Havala, V.P. of Global Planning, Fujitsu Network Communications. Smart Tunable Optics deliver the increased flexibility and impressive total cost of ownership benefits that operators demand as they continue to move towards open networks while simultaneously increasing network capacity across mixed generations of radio technologies and vendors. HFR Networks is thrilled to add another industry first to its list of accomplishments, stated Paul Crann, CEO, HFR Networks. By enabling converged 4G/5G services across RAN vendors and overcoming constraints due to limited fiber, we are able to simplify operations while reducing the remote site space and power requirements. HFR Networks empowers operators in their continued efforts to get to market quickly with new 5G services using high-performance, open and cost-effective solutions. About HFR Networks: HFR Networks, Inc. is leading the industry with our flexiHaul portfolio of intelligent xHaul RAN Transport and Edge Access solutions. We solve todays most critical RAN transport demands, especially when fiber is constrained for fronthaul or backhaul applications. Our solutions have optimized economics for this segment of the network, while also delivering high performance, simplified operations, interoperability across wireless technologies, and a diverse ecosystem of 3rd party RAN suppliers. HFR Networks' technological leadership helps customers to lower costs for 3G/4G operations, while also accelerating new 5G and Ethernet services. We enable advanced mobile networks by utilizing nanosecond timing to connect radios using CPRI and eCPRI, within both traditional and cloud-based mobile architectures. For more information, visit www.hfrnetworks.com. About Fujitsu: Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 130,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.9 trillion yen (US$35 billion) for the fiscal year ended March 31, 2020. For more information, please see www.fujitsu.com. About Fujitsu Network Communications: Fujitsu Network Communications, Inc. is a leading provider of digital transformation solutions for network operators, service providers and content providers worldwide. We combine best-in-class hardware, software and services with multivendor expertise to enable cost savings, faster services delivery and improved network performance. Working closely with our customers and ecosystem partners, we design, build, operate and maintain better networks for the connected world. For more information, please see http://us.fujitsu.com/telecom or connect with us on LinkedIn at www.linkedin.com/company/Fujitsu-network-communications. Fujitsu (and design), 1FINITY, Virtuora and shaping tomorrow with you are trademarks of Fujitsu Limited in the United States and other countries. All rights reserved. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.
HFR Networks and Fujitsu Announce Industrys First 25G Smart Tunable Optics for 5G Transport Smart Optics Address xHaul Operational Requirements and RAN Interoperability
BOSTON--(BUSINESS WIRE)--Heres a list of all the best iPad Pro deals for Black Friday & Cyber Monday 2020, featuring the best sales on 64GB, 128GB & 256GB iPad Pro models. Explore the full range of deals by clicking the links listed below. Best iPad Pro Deals: Best iPad Deals: Searching for more deals? We recommend checking Walmarts Black Friday & Cyber Monday sale and Amazons Black Friday & Cyber Monday deals for thousands more live offers. Consumer Walk] earns commissions from purchases made using the links provided. About Consumer Walk: Consumer Walk reports the latest online retail news. As an Amazon Associate and affiliate Consumer Walk earns from qualifying purchases.
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BOCA RATON, Fla., March 19, 2021 /PRNewswire/ -- Orangetheory Fitness is stepping up to provide private in-studio sessions and equipment donations to all NCAA women's basketball teams amidst news of weight room disparities at the 2021 NCAA basketball tournament. After seeing images posted by Stanford sports performance coach Ali Kershner of the 2021 NCAA women's tournament weight room, which consisted of one set of free weights and yoga mats, Orangetheory Fitness offered to bus the teams to its San Antonio studios to workout while maintaining social distancing and donate water rowers and a full range of floor equipment to the convention center where the tournament is being held. As a brand committed to providing members with More Life, Orangetheory Fitness was compelled to offer support in solidarity with the women's teams during the tournament a time meant to celebrate hard work, dedication and commitment. "As a female pioneer in the fitness industry, I have experienced firsthand the challenges that women face as they pave the way," said Ellen Latham, Founder of Orangetheory Fitness. "Reading about the disparities that the NCAA female athletes are experiencing broke my heart, and the brand knew that we had to do whatever was in our power to rectify the situation. We hope that by offering our studio spaces and equipment the women of NCAA basketball are able to train properly and, most importantly, feel supported." Each Orangetheory Fitness studio has treadmills, water rowing machines, mini bands and TRX suspension unit systems as well as plenty of free weights and benches. Its highly trained and certified coaches conduct personalized group sessions designed for approximately 24 participants at a time, an approach complemented by technology advancements. Through its game-changing technology, Orangetheory Fitness advances its mission by giving members even better tools to capture real-time performance data, measure their overall workout results and set new goals. Throughout the COVID-19 pandemic, the brand has adopted advanced safety protocols to keep members and staff safe. More information about Orangetheory Fitness is available onOrangetheory's website. Follow Orangetheory Fitness on Facebook, Twitterand Instagramfor the latest news and trends. About Orangetheory FitnessOrangetheory Fitness ( www.orangetheoryfitness.com ) makes it simple to get More Life from your workout. One of the world's fastest-growing franchise companies, Orangetheory Fitness has developed a unique approach to fitness that blends a unique trifecta of science, coaching and technology that work together seamlessly to elevate participants' heart rates to help burn more calories. Backed by the science of excess post-exercise oxygen consumption (EPOC), Orangetheory Fitness workouts incorporate endurance, strength and power to generate the "Orange Effect," whereby participants keep burning calories for up to 24 hours after a 60-minute workout. Orangetheory Fitness franchisees have opened over 1,400 studios in all 50 U.S. states and over 25 countries. The company was ranked #60 in Inc. magazine's Fastest Growing Private Companies list and was listed as #9 on Entrepreneur's 2020 Fastest Growing Franchise list. Visit www.otffranchise.com for global franchise opportunities. ### SOURCE Orangetheory Fitness Related Links http://www.orangetheoryfitness.com/
Orangetheory Fitness Offers Studios and Equipment to NCAA Women's Basketball Teams Amidst Weight Room Disparities The leading fitness brand is offering private in-studio sessions and the donation of equipment to all 2021 NCAA Women's Basketball teams ahead of tournament
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