Veeva Announces Alliances for Digital Field Engagement

Veeva Announces Alliances for Digital Field Engagement

Veeva to design digital strategies and implementation roadmap to help field teams better connect with HCPs

Veeva establishes alliances with Accenture, Deloitte, and other partners to enable industrywide digital transformation initiatives and get customers up and running fast

BARCELONA, Spain–(BUSINESS WIRE)–Veeva Systems (NYSE:VEEV) today announced industry alliances to accelerate the industrywide shift toward digital engagement. Together with Accenture, Deloitte, and other alliance partners, Veeva is helping life sciences companies design and implement new digital engagement strategies. The Digital Field Engagement offering will help the industry leverage digital channels such as remote meetings, virtual events, and email as the primary way for field reps to connect with healthcare professionals (HCPs).

“We are coming together to help life sciences accelerate its digital transformation through a combination of strategic services, modern cloud applications, and rapid implementation support,” said Dan Rizzo, vice president of global business consulting at Veeva. “Biopharmaceutical companies will be able to quickly shift their customer engagement strategies to digital as in-person access declines.”

Veeva’s Digital Field Engagement solution provides a roadmap for customers to connect with HCPs using digital channels. In the four-week engagement, Veeva defines the roles, responsibilities, tools, data, and training needed for digital engagement. Customers get best practices for remote detailing and remote sampling using Veeva CRM Engage Meeting and sending compliant content with Veeva CRM Approved Email, as well as a complete roadmap for the processes and technologies to implement.

Accenture, Deloitte, and other partners will support the execution of the digital engagement strategy. Together, Veeva and its ecosystem of partners are helping life sciences customers implement business process change and get up and running fast.

Read expert advice and best practices from Veeva to help you engage better via digital channels here.

Learn how Veeva is helping customers leverage digital to connect with HCPs at the upcoming Veeva Summit on June 9, 2020. Pre-register for the virtual event and stay up-to-date on program details at veeva.com/Summit.

Additional Information

Connect with Veeva on LinkedIn: linkedin.com/company/veeva-systems

Follow @veeva_eu on Twitter: twitter.com/veeva_eu

Like Veeva on Facebook: facebook.com/veevasystems

About Veeva Systems

Veeva Systems Inc. is the leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 850 customers, ranging from the world’s largest pharmaceutical companies to emerging biotechs. Veeva is headquartered in the San Francisco Bay Area, with offices throughout North America, Europe, Asia, and Latin America. For more information, visit veeva.com/eu.

Forward-looking Statements

This release contains forward-looking statements, including the market demand for and acceptance of Veeva’s products and services, the results from use of Veeva’s products and services, and general business conditions, particularly in the life sciences industry. Any forward-looking statements contained in this press release are based upon Veeva’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Additional risks and uncertainties that could affect Veeva’s financial results are included under the captions, “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in the company’s filing on Form 10-K for the period ended January 31, 2020. This is available on the company’s website at veeva.com under the Investors section and on the SEC’s website at sec.gov. Further information on potential risks that could affect actual results will be included in other filings Veeva makes with the SEC from time to time.

® 2020 Veeva Systems Inc. All rights reserved. Veeva and the Veeva logo are trademarks of Veeva Systems Inc. Veeva Systems Inc. owns other registered and unregistered trademarks.

Roger Villareal

Veeva Systems

925-264-8885

roger.villareal@veeva.com

Kiran May

Veeva Systems

+44-796-643-2912

kiran.may@veeva.com

KEYWORDS: Spain Europe

INDUSTRY KEYWORDS: Data Management Health Technology Software Pharmaceutical Internet Biotechnology

MEDIA:

Veeva Announces Alliances for Digital Field Engagement

Veeva Announces Alliances for Digital Field Engagement

Veeva to design digital strategies and implementation roadmap to help field teams better connect with HCPs

Veeva establishes alliances with Accenture, Deloitte, and other partners to enable industrywide digital transformation initiatives and get customers up and running fast

PLEASANTON, Calif.–(BUSINESS WIRE)–Veeva Systems (NYSE:VEEV) today announced industry alliances to accelerate the industrywide shift toward digital engagement. Together with Accenture, Deloitte, and other alliance partners, Veeva is helping life sciences companies design and implement new digital engagement strategies. The Digital Field Engagement offering will help the industry leverage digital channels such as remote meetings, virtual events, and email as the primary way for field reps to connect with healthcare professionals (HCPs).

“We are coming together to help life sciences accelerate its digital transformation through a combination of strategic services, modern cloud applications, and rapid implementation support,” said Dan Rizzo, vice president of global business consulting at Veeva. “Biopharmaceutical companies will be able to quickly shift their customer engagement strategies to digital as in-person access declines.”

Veeva’s Digital Field Engagement solution provides a roadmap for customers to connect with HCPs using digital channels. In the four-week engagement, Veeva defines the roles, responsibilities, tools, data, and training needed for digital engagement. Customers get best practices for remote engagement and remote sampling using Veeva CRM Engage Meeting and sending compliant content with Veeva CRM Approved Email, as well as a complete roadmap for the processes and technologies to implement.

Accenture, Deloitte, and other partners will support the execution of the digital engagement strategy. Together, Veeva and its ecosystem of partners are helping life sciences customers implement business process change and get up and running fast.

Learn how Veeva is helping customers leverage digital to connect with HCPs at the upcoming Veeva Summit on June 9, 2020. Pre-register for the virtual event and stay up-to-date on program details at veeva.com/Summit.

Additional Information

Connect with Veeva on LinkedIn: linkedin.com/company/veeva-systems

Follow @veevasystems on Twitter: twitter.com/veevasystems

Like Veeva on Facebook: facebook.com/veevasystems

About Veeva Systems

Veeva Systems Inc. is the leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 850 customers, ranging from the world’s largest pharmaceutical companies to emerging biotechs. Veeva is headquartered in the San Francisco Bay Area, with offices throughout North America, Europe, Asia, and Latin America. For more information, visit veeva.com.

Forward-looking Statements

This release contains forward-looking statements, including the market demand for and acceptance of Veeva’s products and services, the results from use of Veeva’s products and services, and general business conditions, particularly in the life sciences industry. Any forward-looking statements contained in this press release are based upon Veeva’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Additional risks and uncertainties that could affect Veeva’s financial results are included under the captions, “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in the company’s filing on Form 10-K for the period ended January 31, 2020. This is available on the company’s website at veeva.com under the Investors section and on the SEC’s website at sec.gov. Further information on potential risks that could affect actual results will be included in other filings Veeva makes with the SEC from time to time.

Roger Villareal

Veeva Systems

925-264-8885

roger.villareal@veeva.com

Lisa Barbadora

Veeva Systems

610-420-3413

pr@veeva.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Biotechnology Networks Pharmaceutical Internet Health Data Management Technology

MEDIA:

Logo
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RADWARE SELECTED BY TOP-10 GLOBAL TELECOM GROUP TO PROVIDE DDOS PROTECTION ACROSS ITS OPERATING UNITS

MAHWAH, N.J., April 07, 2020 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced it has been selected by the global corporate security team of a top-10 global telecom company as the preferred vendor for DDoS mitigation solutions.

The first deal based on this selection is with one of the company’s European operating units, and deployment on this selection began in the first quarter of 2020. The company purchased Radware’s DefensePro® and DefenseFlow® for DDoS detection and mitigation as well as Radware’s Security Update Subscription service for network visibility/analytics.

“This leading telecom company selected Radware because of our world-class behavioral-based detection and real-time signature creation capabilities,” said Roy Zisapel, Radware Chief Executive Officer.  “Radware’s DefensePro solution allows the carrier to address threats in real time and DefenseFlow gives it the flexibility to quickly migrate and scale its operations as it is compatible with incumbent solutions with minimal OPEX.”

The company will protect its infrastructure with the first phase of deployment while offering managed DDoS-as-a-Service solutions to its customers as part of the second phase of deployment.

About Radware


Radware
® (NASDAQ: RDWR), is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection and availability services to enterprises globally. Radware’s solutions empower more than 12,500 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down. For more information, please visit www.radware.com.

Radware encourages you to join our community and follow us on: FacebookLinkedIn, Radware Blog, Twitter, YouTube, Radware Mobile foriOS and Android, and our security center DDoSWarriors.comthat provides a comprehensive analysis on DDoS attack tools, trends and threats.

©2020 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents and pending patent applications of Radware in the U.S. and other countries. For more details please see: https://www.radware.com/LegalNotice/.

Safe Harbor Statement

This press release may contain statements concerning Radware’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and volatility of the market for our products; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism and natural disasters and public health crises, such as the impact of the recent coronavirus outbreak; intense competition in the market for Application Delivery and Network Security solutions and our industry in general; and other factors and risks on which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, reference is made to Radware’s Annual Report on Form 20-F, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

Media Contacts:

Deborah Szajngarten
Radware
201-785-3206
deborah.szajngarten@radware.com

Investor Relations:

Anat Earon-Heilborn
+972 723917548
ir@radware.com

Victoria Provides COVID-19 and Operational Update

TORONTO, April 07, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), as previously announced, has implemented a thorough COVID-19 action plan at the Eagle Gold Mine in Yukon. This plan continues to be modified as circumstances evolve. Victoria continues to meet or exceed regulations established by the Yukon Chief Medical Officer. Through our COVID-19 action plan, we have instituted strict prevention measures to protect our workforce and the local communities of the Yukon. Importantly, these preventative measures have, in part, enabled Eagle Mine operations to continue while strongly mitigating the risk of COVID-19.  Measures implemented include:

  • All non-essential travel curtailed;
  • Employee rotation schedule changed to four week in, four week out;
  • Employees returning from outside Yukon will self-isolate in Whitehorse for 14 days prior to travelling to the Eagle Mine site;
  • All employees and contractors travelling to Eagle Mine are required to complete a screening conducted by a third-party professional occupational health and safety services provider;
  • All employees and contractors leaving the Eagle Mine are required to complete the screening prior to departure;
  • All on-site and offsite employees and contractors are instructed to practice social distancing;
  • Restricted and controlled access for all employees and contractors of Victoria to all Yukon communities.

The health and safety of our employees, contractors and local communities is the most important aspect of our business,” said John McConnell, President & CEO. “Along with our unwavering commitment to health and safety, we believe it is also important to contribute to the financial wellbeing our employees, local communities and Yukon through the ongoing operation of Eagle.

Eagle has operated at planned production rates for 2020. Mining, crushing and stacking on the leach pad recommenced in early March. Operational ramp-up is proceeding well and gold production will increase substantially over the coming months as more ore is put under leach. We continue to expect to achieve commercial production late Q2 or early Q3.  A summary of production to-date is as follows:

  2019 Q1 2020
Ore mined (tonnes) 2,644,000 946,000
Grade (gpt) 0.81 0.84
Waste (tonnes) 2,153,000 1,566,000
Ore stacked (tonnes) 2,585,000 888,000
Silver produced (ozs) 2,982 2,040
Gold produced (ozs) 17,214 10,608

About the Dublin Gulch Property
Victoria Gold’s 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is located within Yukon Energy’s electrical grid.

The Property covers an area of approximately 555 square kilometers, and is the site of the Company’s Eagle and Olive Gold Deposits. The Eagle Gold Mine is Yukon’s newest operating gold mine. The Eagle and Olive deposits include Proven and Probable Reserves of 3.3 million ounces of gold from 155 million tonnes of ore with a grade of 0.65 grams of gold per tonne, as outlined in a National Instrument 43-101 Technical Report for the Eagle Gold Mine dated December 3, 2019. The Mineral Resource under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Eagle and Olive deposits has been estimated to host 227 million tonnes averaging 0.67 grams of gold per tonne, containing 4.7 million ounces of gold in the “Measured and Indicated” category, inclusive of Proven and Probable Reserves, and a further 28 million tonnes averaging 0.65 grams of gold per tonne, containing 0.6 million ounces of gold in the “Inferred” category.

Cautionary Language and Forward-Looking Statements

This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.

For Further Information Contact:

John McConnell
President & CEO
Victoria Gold Corp.
Tel: 416-866-8800

SPROTT PROVIDES AUM UPDATE AND ANNOUNCES AMENDED NORMAL COURSE ISSUER BID

TORONTO, April 07, 2020 (GLOBE NEWSWIRE) — Sprott Inc. (TSX: SII) (“Sprott” or “the Company”) announced today that, as of March 31, 2020, Sprott’s estimated total Assets Under Management was US$10.6 billion. The Company has implemented its Business Continuity Plan in response to COVID-19. Sprott’s portfolio managers, brokerage professionals and enterprise shared service teams are fully operational and focused on managing client portfolios.

Normal Course Issuer Bid Update

Sprott also announced that it has received approval from the Toronto Stock Exchange (“TSX”) to amend its normal course issuer bid (“NCIB”) in order to enter into an automatic repurchase plan with its designated broker and to purchase its own common shares (the “Shares”) through the facilities of the TSX, alternative Canadian trading systems and/or any other non-Canadian stock exchange on which the Shares may become listed.

The automatic repurchase plan allows for purchases by Sprott of the Shares when Sprott would ordinarily be prevented from making purchases due to blackout periods. Purchases will be made by the designated broker based upon the parameters prescribed by the TSX and the terms of the parties’ written agreement. Outside of these periods, Shares will be repurchased in accordance with management’s discretion and in compliance with applicable law.

Other NCIB Information

Purchases under the NCIB began on November 15, 2019, will end no later than November 14, 2020, and will be made through the facilities of the TSX, alternative Canadian trading systems and/or any other non-Canadian stock exchange on which the Shares may become listed, in each case in accordance with the applicable requirements, and as otherwise permitted under applicable securities laws. It is expected that the maximum number of Shares which may be purchased by Sprott during the NCIB will not exceed 6,345,112 being approximately 2.5% of 253,804,511 (representing the number of issued and outstanding Shares as of October 31, 2019). The average daily trading volume (the “ADTV”) of the Shares on the TSX for the six-month period ended October 31, 2019 was 281,130. Under the rules of the TSX, as amended by TSX Staff Notice 2020-0002, Sprott is entitled to repurchase during the same trading day on the TSX up to 50% of the ADTV of the Shares, being 140,564 Shares from March 23, 2020 up to and including June 30, 2020, and thereafter repurchase during the same trading day on the TSX up to 25% of the ADTV of the Shares, being 70,282 Shares, except where such purchases are made in accordance with the “block purchase” exemption under applicable TSX policy. Sprott will effect purchases at varying times commencing on November 15, 2019 and ending on November 14, 2020. Under its prior NCIB that commenced on November 15, 2018 and was suspended in November 2019, Sprott previously sought and received approval from the TSX to repurchase up to 12,633,752 Shares. Sprott did not purchase any Shares pursuant to its previously authorized NCIB. From November 15, 2019 through April 3, 2020, Sprott repurchased 1,864,036 of its Shares at a weighted average price of $2.71, per Share, for total cash consideration of $5,043,620.

In addition to providing shareholders liquidity, Sprott believes that the Shares have been trading in a price range which does not adequately reflect the value of such Shares in relation to Sprott’s business and its future prospects.

About Sprott

Sprott is an alternative asset manager and a global leader in precious metal and real asset investments. Through its subsidiaries in Canada, the US and Asia, Sprott is dedicated to providing investors with specialized investment strategies that include Exchange Listed Products, Lending, Managed Equities and Brokerage. Sprott is based in Toronto with offices in New York, Carlsbad and Vancouver and its Shares are listed on the Toronto Stock Exchange under the symbol (TSX: SII). For more information, please visit www.sprott.com.

Forward Looking Statements

This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

Forward looking statements in this press release are based on certain key expectations and assumptions made by Sprott, including expectations and assumptions concerning: Sprott’s  views with respect to its financial condition and prospects, the stability of general economic and market conditions, currency exchange rates and interest rates, the availability of cash for  repurchases of Shares under the NCIB, implementation of the automatic repurchase plan, the existence of alternative uses for Sprott’s cash resources and compliance with applicable laws and regulations pertaining to the NCIB.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Sprott to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. As a result of the foregoing, readers should not place undue reliance on the forward-looking statements contained in this press release. Forward-looking statements contained herein are made as of the date of this press release and Sprott disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Sprott undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Investor contact information:

Glen Williams
Managing Director
Investor Relations & Corporate Communications
(416) 943-4394
gwilliams@sprott.com

REPEAT – Goodfood to Report Second Quarter Fiscal Year 2020 Results

MONTREAL, April 07, 2020 (GLOBE NEWSWIRE) — Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX:FOOD), a leading online grocery Company in Canada, will release its financial results for the second quarter of Fiscal 2020 on Wednesday, April 8, 2020, before markets open. Jonathan Ferrari, CEO, Neil Cuggy, President and COO, and Philippe Adam, CFO, will hold a conference call to review the results at 8:00 a.m. (ET) on the same day.


Details of the Conference Call:

When: April 8, 2020 at 8:00 a.m. ET
Dial in number: 877-223-4471 or 647-788-4922

Conference call replay available until April 15, 2020:
1-800-585-8367 or 416-621-4642

To access the webcast and view the slide presentation, click on this link:
https://www.makegoodfood.ca/en/investisseurs/evenements

The conference ID is 4268318.

About Goodfood

Goodfood (TSX:FOOD) is a leading online grocery company in Canada, delivering fresh meal solutions and grocery items that make it easy for members from coast to coast to enjoy delicious meals at home every week. Goodfood’s mission is to make the impossible come true, from farm to kitchen, by enabling members to do their weekly meal planning and grocery shopping in less than 1 minute. Goodfood members get access to a unique selection of products online as well as exclusive pricing made possible by its world class direct to consumer fulfilment ecosystem that cuts out food waste and expensive retail overhead. The Company has its main production facility and administrative offices based in Montreal, Quebec, two production facilities out West, in Calgary, AB and Vancouver, BC, and a breakfast facility in Montreal, Quebec. Goodfood had 246,000 active subscribers as at February 29, 2020. www.makegoodfood.ca

For further information:

Investors Media
Philippe Adam
Chief Financial Officer
(855) 515-5191
IR@makegoodfood.ca

Pierre Boucher
President
(514) 731-0000
pierre@maisonbrison.com

Roslane Aouameur
Head of Investor Relations
(855) 515-5191
IR@makegoodfood.ca
Jennifer McCaughey
Vice-President, Investor Relations
(514) 731-0000
jennifer@maisonbrison.com

IRADIMED CORPORATION Withdraws 2020 Financial Guidance Due to Uncertainties from the Effects of COVID-19

Expects first quarter 2020 revenue of $8.6 million to $8.7 million

WINTER SPRINGS, Fla., April 07, 2020 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (NASDAQ: IRMD) announced that it expects to report first quarter 2020 revenue of $8.6 million to $8.7 million and is withdrawing its first quarter and full year 2020 financial guidance due to the uncertainty created by COVID-19.

“These unprecedented times have resulted in a high degree of uncertainty created by the global impact of COVID-19. Accordingly, we are withdrawing our financial guidance for the first quarter and full year 2020,” said Leslie McDonnell, President and Chief Executive Officer.

“We continue to maintain a strong balance sheet and stand ready to support healthcare providers in the fight against COVID-19. As the focus of our customers has turned toward caring for those infected with the virus, we saw an accelerating decline in equipment orders throughout March. We fully expect demand for our equipment to return, however, the magnitude of the COVID-19 impact is highly dependent upon the length of time the pandemic continues,” said McDonnell.

“We are also working with our customers in developing methods to use the remote control capabilities of our IV pump in isolation room settings that would reduce the risk of exposure to the virus and limit the use of protective equipment that is already at critically low levels. To date, we have not experienced any significant disruptions in our ability to source materials needed to manufacture our products and orders for our disposables and service items remain strong,” said McDonnell.

As of March 31, 2020, the Company expects to report cash and cash equivalents of approximately $45.2 million, or 1.2 times 2019 full-year revenue. Additionally, the Company has no third-party debt or other restrictive covenants.

About IRADIMED CORPORATION

IRADIMED CORPORATION is a leader in the development of innovative magnetic resonance imaging (“MRI”) compatible medical devices. We are the only known provider of a non-magnetic intravenous (“IV”) infusion pump system that is specifically designed to be safe for use during MRI procedures. We were the first to develop an infusion delivery system that largely eliminates many of the dangers and problems present during MRI procedures. Standard infusion pumps contain magnetic and electronic components which can create radio frequency interference and are dangerous to operate in the presence of the powerful magnet that drives an MRI system. Our patented MRidium® MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor, uniquely designed non-ferrous parts and other special features to safely and predictably deliver anesthesia and other IV fluids during various MRI procedures. Our pump solution provides a seamless approach that enables accurate, safe and dependable fluid delivery before, during and after an MRI scan, which is important to critically-ill patients who cannot be removed from their vital medications, and children and infants who must generally be sedated to remain immobile during an MRI scan.

Our 3880 MRI compatible patient vital signs monitoring system has been designed with non-magnetic components and other special features to safely and accurately monitor a patient’s vital signs during various MRI procedures. The IRADIMED 3880 system operates dependably in magnetic fields up to 30,000 gauss, which means it can operate virtually anywhere in the MRI scanner room. The IRADIMED 3880 has a compact, lightweight design allowing it to travel with the patient from their critical care unit, to the MRI and back, resulting in increased patient safety through uninterrupted vital signs monitoring and decreasing the amount of time critically ill patients are away from critical care units. The features of the IRADIMED 3880 include: wireless ECG with dynamic gradient filtering; wireless SpO2 using Masimo® algorithms; non-magnetic respiratory CO2; invasive and non-invasive blood pressure; patient temperature, and; optional advanced multi-gas anesthetic agent unit featuring continuous Minimum Alveolar Concentration measurements. The IRADIMED 3880 MRI compatible patient vital signs monitoring system has an easy-to-use design and allows for the effective communication of patient vital signs information to clinicians.

For more information please visit www.iradimed.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined in the Private Securities Litigation Act of 1995, particularly statements regarding our expectations, beliefs, plans, intentions, future operations, financial condition and prospects, and business strategies. These statements relate to future events or our future financial performance or condition and involve unknown risks, uncertainties and other factors that could cause our actual results, level of activity, performance or achievement to differ materially from those expressed or implied by these forward-looking statements. The risks and uncertainties referred to above include, but are not limited to, risks associated with the Company’s ability to receive an EC Certificate or CE Mark for our existing products and product candidates, receive FDA 510(k) clearance for new products and product candidates; unexpected costs, delays or diversion of management’s attention associated with the design, manufacture or sale of new products; the Company’s ability to implement successful sales techniques for existing and future products and evaluate the effectiveness of its sales techniques; additional actions, warnings or requests from the FDA or other regulatory bodies; our significant reliance on a limited number of products; potential disruptions in our limited supply chain for our products; a reduction in international distribution; actions of the FDA or other regulatory bodies that could delay, limit or suspend product development, manufacturing or sales; the effect of recalls, patient adverse events or deaths on our business; difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services; changes in laws and regulations or in the interpretation or application of laws or regulations.

Further information on these and other factors that could affect the Company’s financial results is included in filings we make with the Securities and Exchange Commission from time to time. All forward-looking statements are based on information available to us on the date hereof, and we assume no obligation to update forward-looking statements.

Media Contact:
Chris Scott
Chief Financial Officer
IRADIMED CORPORATION
(407) 677-8022
InvestorRelations@iradimed.com

Clearway Energy, Inc. to Report First Quarter 2020 Financial Results on May 7, 2020

PRINCETON, N.J., April 07, 2020 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2020 financial results on Thursday, May 7, 2020. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern.

A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the Investor Relations section. The webcast will be archived on the site for those unable to listen in real time.

About Clearway Energy

Clearway Energy, Inc. is a leading publicly-traded energy infrastructure investor focused on modern, sustainable and long-term contracted assets across North America. Clearway Energy’s environmentally-sound asset portfolio includes over 7,000 megawatts of wind, solar and natural gas-fired power generation facilities, as well as district energy systems. Through this diversified and contracted portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income. Clearway Energy’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by its controlling investor Global Infrastructure Partners III (GIP), an independent infrastructure fund manager that invests in infrastructure and businesses in both OECD and select emerging market countries, through GIP’s portfolio company, Clearway Energy Group.

Investor:
Akil Marsh, 609-608-1500
investor.relations@clearwayenergy.com

Media:
Zadie Oleksiw, 202-836-5754
media@clearwayenergy.com

RangeForce and One Distribution Forge Alliance to Bolster Cybersecurity Training in UK and Ireland with SaaS-based Cyber Skills Platform

LONDON and MANASSAS, Va., April 07, 2020 (GLOBE NEWSWIRE) — Leading UK and Ireland technology distributor One Distribution and RangeForce, provider of the world’s most advanced SaaS-based simulation and cybersecurity skills platform, have announced a partnership to broaden availability of the RangeForce platform in the UK and Ireland.

With legacy classroom security training fading and on-demand courses topping the list of cybersecurity implementation challenges, customers are craving real-world experiential and economical training for their cybersecurity and IT professionals.

RangeForce is a best-in-class SaaS cybersecurity training platform providing:

  • Continuous simulated learning via integrated cyber range and on-demand training;
  • In-depth, role-based learning paths specific to the core competencies of Security Operations,  DevOps, and Application Security personne;
  • Hands-on lessons based on the latest vulnerabilities and cyberattack methods.

“Our enterprise customers are looking to reduce the costs of training as well as increase cyber incident detection and reduce the need to have critical staffers off-site at training. These are all factors in driving newer cloud-based, on-demand cybersecurity training platforms to the forefront as a significant focus of technology investment,”  said John Dams, General Manager, One Distribution. “RangeForce provides its entire training platform as a single SaaS solution — including 130+ training modules and a highly effective cyber range that has been battle-tested by major banks and technology firms across the UK and Ireland.”

According to RangeForce Director of EMEA Rupert Collier, “Cloud-based cyberskills platforms are disrupting security training because legacy approaches can’t provide the highly realistic, hands-on exposure needed to prepare the workforce for real-world cyber attacks and vulnerabilities. A key feature of the RangeForce platform is the ability to provide proof through quantitative benchmarking CISOs and boards demand. We’re thrilled to be working with One Distribution. They’re a team I know well, with a proven record of helping customers solve security challenges and build cyber resilience in enterprises across the region.”

To learn more about RangeForce download one of our whitepapers or request a demo.

Find out more about ONE Distribution solutions and services here.

About One Distribution, Empowered Cyber Solutions for Business


One Distribution
is the leading name in technology distribution, combining over 20 years of success and experience within the competitive, fast-paced, high growth tech space. Providing unrivaled expertise and agility to the cybersecurity marketplace, driving growth and expanding markets for our technology partners within the UK and Ireland. To learn more about One Distribution, visit www.onedistribution.co.uk

About RangeForce


RangeForce
delivers the industry’s only integrated cybersecurity simulation and skills analysis platform that combines a virtual cyber range with hands-on advanced cybersecurity training. Cyber and IT professionals from all industry verticals use RangeForce to qualify their new-hires, train up DevOps, IT, and Security Staff, and run CyberSiege simulations to evaluate team skills. Only RangeForce can accurately show users where expertise gaps exist, fill those gaps with highly-effective simulation-based training, and accurately report on the entire process. To learn more about RangeForce, visit www.rangeforce.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/de694acf-032b-4871-b199-a74572b862cd

Contact:
Betsy Kosheff
413 717 1410
betsykosheff@RangeForce.com

USA Rare Earth Acquires U.S. Rare Earth Permanent Magnet Manufacturing Capability

SIERRA BLANCA, TX, April 07, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Texas Mineral Resources Corp. (OTCQB: TMRC):

Adds Critical Component to USA Rare Earth’s Domestic U.S. “Mine to Magnet” Strategy

Round Top project would supply critical minerals necessary for rare earth magnet production

Rare earth permanent magnets are widely used in electronics, automotive, aerospace/defense, and renewable energy

Texas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other technology metals and industrial minerals, is pleased to announce that USA Rare Earth LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas, has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd.

Demand for rare earth magnets is being driven by electric vehicles (electric motors and batteries), wind generators (direct drive generators), medical devices (personal “vital signs” monitors and medical imaging machines), smart phones, and aerospace/defense applications, where high-performance in extreme conditions is important.

The $14 billion-a-year rare earth magnet market is more than 60% controlled by China which, under Made in China 2025, is increasingly using rare earth magnets in finished and semi-finished products, as opposed to exporting the magnets. Industry sources estimate the global rare earth magnet market will nearly double by 2027.

The equipment purchased by USA Rare Earth should provide most of what is needed to re-establish rare earth magnet production in the U.S. and, with the addition of some readily available components, can produce at least 2,000 tonnes annually of rare earth magnets.

At 2,000 tonnes per year, the USA Rare Earth Magnet Plant would produce approximately 17% of the current U.S. market, and would generate more than $140 million in annual sales (at 2019 prices). At present, no other NdFeB permanent magnet manufacturing plant is operational in the Americas.

USA Rare Earth will warehouse the equipment pending a decision about where to locate the new magnet operation, with the priority being good access to the Round Top Project, located in Texas. At the same time, USA Rare Earth plans to work with manufacturers of rare earth metals and alloys in order to convert the highly purified rare earth oxides from Round Top into magnets.

“Acquiring this capability is consistent with our mine-to-magnet strategy,” said Pini Althaus, CEO of USA Rare Earth.  “We did not want the United States to lose this key equipment, so when it became clear that was an imminent possibility, we moved quickly to ensure that this essential part of the critical minerals supply chain remains in the U.S. We have commenced discussions with the domestic U.S. electric vehicle and defense sectors to determine their needs and to work together to establish a domestic source of not only the raw materials from Round Top, but also the finished magnet product. We expect to partner with one or more groups that have expertise in rare earth magnet manufacturing.”

“Together with the critical materials contained in our Round Top project, coupled with our new processing plant and now the acquisition of the rare earth magnet manufacturing equipment, we have put into place the key building blocks for re-establishing a domestic critical minerals supply chain independent of China,” added Mr. Althaus.

This acquisition is complementary to the Company’s Round Top Project in West Texas, which it is developing with Texas Mineral Resources Corp. (OTCQB: TMRC), and its pilot processing facility located in Wheat Ridge, Colorado.  Round Top is rich in heavy rare earths, including dysprosium and terbium, which are required for NdFeB magnets.  USA Rare Earth plans to produce high purity separated rare earth powders at Round Top that could support this newly acquired magnet manufacturing capacity and create a secure, reliable domestic supply chain. Round Top is also projected to produce 10,000 tonnes of lithium a year directed at the electric vehicle battery market.

“Developing a full rare earth supply chain independent of China is essential for both the national economy and national security,” said General Paul Kern, US Army (ret.), Board member of USA Rare Earth. “This plant provides the relevant industries in the U.S. the possibility of purchasing U.S. manufactured permanent magnets, without the reliance on China for this key component. The importance of this acquisition should not be underestimated.”

In December, 2019 Reuters reported that, according to a government document seen by Reuters detailing the latest attempt to weaken China’s control over the rare earths sector, the U.S. military plans to stockpile rare earth magnets used in Javelin missiles and F-35 fighter jets. Reuters further reported that the Pentagon is seeking proposals to cache a six-month supply of neodymium iron boron magnets, which the document describes as being “a type of rare earth magnet essential to weapons manufacturing.”

Rare Earth Magnets

According to industry estimates, permanent magnets are a $21 billion-a-year global market split between high-performance magnets (70%) and lower performance ferrite magnets (30%) used in applications such as chargers for electrical devices and other applications where weight and performance are less important and operating conditions are less extreme.

At $13.8 billion, rare earth magnets dominate the high-performance magnet market, replacing aluminum-nickel-cobalt and samarium-cobalt technologies.  Industry sources project the global rare earth magnet market will expand by nearly 100% to $27.0 billion in 2027.

In 2019, the U.S. purchased approximately 12,000 metric tonnes of rare earth magnets at an average price of approximately $71,000 per tonne, according to industry estimates, representing 6% of the global rare earth magnet market.  Note that this does not include magnets in finished and semi-finished products that are imported – since the U.S. was approximately 23.6% of global GDP in 2019, total imports of magnets could be at least four times the magnet-only numbers.

If the U.S. merely maintains its current 6% share of the global market, annual purchases of rare earth magnets will increase by more than 7,000 tonnes by 2027, or an annual increase of more than 900 tonnes per year.

USA Rare Earth (NdFeB) Permanent Magnet Plant

In late 2011, Hitachi announced the phased construction of a state-of-the-art sintered rare earth magnet manufacturing facility, planning to spend up to $60 million over four years. However, following settlement of the rare earth trade dispute between China and Japan, Hitachi closed the plant in 2015 after less than two years of operation. The equipment purchased by USA Rare Earth provides most of what is needed to re-establish rare earth magnet production in the U.S. and, with the addition of some readily available components, can produce at least 2,000 tonnes annually of rare earth magnets. The Company and its potential partners will develop a detailed business plan and budget.

At 2,000 tonnes per year, the USA Rare Earth Magnet Plant would produce approximately 17% of the current U.S. market, and would generate more than $140 million in annual sales at 2019 prices.  USA Rare Earth anticipates that the rare earth magnet plant will be constructed near to the Round Top Project which is serviced by existing roads, rail and power infrastructure and is near centers of technology and research universities, including El Paso, Austin, and San Antonio.


About USA Rare Earth, LLC

USA Rare Earth, LLC has an option to earn up to an 80% interest in the Round Top rare earth and technical metals industrial minerals project located in Hudspeth County, Texas. Round Top hosts a large range of critical heavy rare earth elements, high-tech metals, including lithium, uranium and beryllium, and is among the lowest-cost rare earth projects in the world.  The Round Top Deposit hosts 15 of the 17 rare earth elements, plus other high-value tech minerals (including lithium) and is well located to serve the US internal demand. In excess of 60% of materials at Round Top will be used directly in green or renewable energy technologies. Round Top contains 13 of the 35 minerals deemed “critical” by the Department of the Interior and contains critical elements required by the United States, both for national defense and industry. For more information about USA Rare Earth, visit www.usarareearth.com


About Texas Mineral Resources Corp.

Texas Mineral Resources Corp.’s primary focus is to develop and commercialize its Round Top heavy rare earth technology metals and industrial minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso. The Company’s common stock trades on the OTCQB U.S. tier under the symbol “TMRC.”

Company Contact:                                                                          

Texas Mineral Resources Corp                                                   

Anthony Marchese, Chairman                                                   

Email: amarchese@tmrcorp.com                                             

Twitter: @TexasMineralRes                                                       

Company Contact:

USA Rare Earth LLC.        

Pini Althaus, Chief Executive Officer

Email: pini@usarareearth.com

Twitter: @USARareEarth