LSI Industries Announces Fiscal 2023 Fourth Quarter and Full-year Results Conference Call Date

LSI Industries Announces Fiscal 2023 Fourth Quarter and Full-year Results Conference Call Date

CINCINNATI–(BUSINESS WIRE)–
LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will release fiscal fourth quarter and full-year 2023 results before the market opens on Thursday, August 17, 2023. A conference call will be held that same day at 11:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session.

A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

Details of the conference call are as follows:

Domestic Live:

877-407-4018

International Live:

201-689-8471

 

To listen to a replay of the teleconference, which subsequently will be available through August 31, 2023:

 

Domestic Replay:

844-512-2921

International Replay:

412-317-6671

Conference ID:

13740065

ABOUT LSI INDUSTRIES

Headquartered in Greater Cincinnati, LSI is a publicly held company traded on the NASDAQ Stock Exchange under the symbol LYTS. The Company manufactures non-residential lighting and display solutions. Non-residential lighting consists of high-performance, American-made lighting solutions. The Company’s strength in outdoor lighting applications creates opportunities to introduce additional solutions to its valued customers. Display solutions consist of graphics solutions, digital signage, and technically advanced food display equipment for strategic vertical markets. LSI’s team of internal specialists also provide comprehensive project management services in support of large-scale product rollouts. The Company employs approximately 1,400 people at 11 manufacturing plants in the U.S. and Canada. Additional information about LSI is available at www.lsicorp.com.

INVESTOR CONTACT

Noel Ryan, IRC

720.778.2415

[email protected]

KEYWORDS: Ohio Indiana Kentucky United States North America

INDUSTRY KEYWORDS: Manufacturing Other Manufacturing Other Construction & Property Commercial Building & Real Estate Construction & Property

MEDIA:

Logo
Logo

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Party City Holdco Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 2, 2023 – (NYSE: PRTY)

NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of Party City Holdco Inc.

Shareholders who purchased shares of PRTY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/party-city-loss-submission-form/?id=43272&from=3

CLASS PERIOD: November 8, 2022 to June 9, 2023

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company affirmatively misrepresented that its capital resources “will be adequate to meet our liquidity needs for at least the next 12 months”; (ii) omitted that there was substantial doubt about the Company’s ability to continue as a going concern; (iii) downplayed the nature and extent of the Company’s then-existing liquidity problems; (iv) omitted that the Company’s existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business; and (v) omitted that there was a material weakness in its internal control over financial reporting.

DEADLINE: October 2, 2023 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/party-city-loss-submission-form/?id=43272&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of PRTY during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 2, 2023. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected] 
Phone: (646) 453-8903



AM Best Upgrades Credit Ratings of Madison National Life Insurance Company; Affirms Credit Ratings of Horace Mann Educators Corporation and Remaining Subsidiaries

AM Best Upgrades Credit Ratings of Madison National Life Insurance Company; Affirms Credit Ratings of Horace Mann Educators Corporation and Remaining Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Madison National Life Insurance Company (Madison National Life) (Madison, WI). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of the property/casualty (P/C) members of Horace Mann Insurance Group(Horace Mann), and Horace Mann Life Insurance Company (Horace Mann Life). In addition, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” (Excellent) of National Teachers Associates Life Insurance Company (Addison, TX) and its affiliated entity, NTA Life Insurance Company of New York (New York, NY) (collectively referred to as NTA Life). Lastly, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of Horace Mann Educators Corporation (HMEC) [NYSE: HMN] and the Long-Term Issue Credit Rating of “bbb” (Good) on its $250 million, 4.5% senior unsecured notes, due 2025. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Springfield, IL, unless otherwise specified. (See below for a detailed list of the P/C subsidiaries).

The ratings of Madison National Life reflect its balance sheet strength, which AM Best assesses as very strong, as well as adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also reflect support the company receives from its parent, HMEC, and full integration of their operations. Madison National Life’s products are complementary to Horace Mann’s property/casualty, life and supplemental products.

The ratings of Horace Mann reflect the group’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate ERM.

Horace Mann maintains the strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), which benefits from a diversified investment portfolio and conservative reserving practices. Operating performance has been driven by consistent net investment income, mostly offset by underwriting losses in the group’s property/casualty operations over the last 18 months. Underwriting results continue to be impacted by significant catastrophe losses due to severe weather events. Additionally, combined ratios are being pressured by rising loss costs, largely driven by inflation in the auto and property lines. The group is taking significant underwriting and rate actions to restore profitability.

The ratings of Horace Mann Life reflect its balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate ERM.

Horace Mann Life has established itself as one of the largest providers of 403(b) tax-qualified fixed and variable annuities in the United States, focused on educators as its primary market. The company continues to report solid net income over the past five years, which has contributed to capital and surplus growth. Operating performance is enhanced by favorable persistency, cost reduction initiatives and increased agent productivity. Horace Mann Life offers a diversified mix of life, annuities and retirement products.

The ratings of NTA Life reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate ERM. The ratings also reflect support the company receives from its parent, HMEC, and full integration of its operations.

NTA Life maintains the very strong level of risk-adjusted capitalization, as measured by BCAR. The company has reported consistent net income and strong profitability ratios. NTA Life’s product mix added to Horace Mann’s already diverse suite of products brings additional complementary products to better meet the needs of educators.

The FSR of A (Excellent) and the Long-Term ICRs of “a” (Excellent) have been affirmed with stable outlooks for the following P/C members of Horace Mann Insurance Group:

  • Horace Mann Insurance Company

  • Horace Mann Property & Casualty Insurance Company

  • Teachers Insurance Company

  • Horace Mann Lloyds

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Joni Cerbone

Senior Financial Analyst

+1 908 882 1690

[email protected]

Christopher Sharkey

Associate Director, Public Relations

+1 908 882 2310

[email protected]

Rosemarie Mirabella

Director

+1 908 882 2125

[email protected]

Al Slavin

Senior Public Relations Specialist

+1 908 882 2318

[email protected]

KEYWORDS: New Jersey Europe United States North America

INDUSTRY KEYWORDS: Insurance Professional Services

MEDIA:

Logo
Logo

GSI Technology Introduces Python-Based Copperhead Compiler Suite to Unleash the Full Power of Gemini APU for Flexible AI and High-Performance Computing

SUNNYVALE, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, today announced the beta launch of its Copperhead compiler stack. This technology is specifically designed to complement the Gemini APU, an innovative compute-in-memory device engineered to excel in high-performance, low-power applications such as search, generative AI retrieval, HPPC, and more.

The Copperhead compiler suite, a Python-based tool, unlocks the full potential of the Gemini APU’s impressive capabilities, including its associative, massively parallel, non-Von-Neumann bit-processing. This tool empowers developers to create custom frameworks at bit-level granularity, facilitating the simulation and execution of new algorithms that will run at remarkable speeds on currently available production APU hardware.

“GSI Technology, Inc. is proud to unveil the Copperhead Compiler Suite for the Gemini APU, revolutionizing computing power and bringing unprecedented advancements to the AI and HPPC industry,” said Lee-Lean Shu, CEO and Chairman of GSI Technology. “Built upon LPython, Copperhead’s pioneering flexible framework innovation combines Python’s user-friendliness with APU performance at least as fast as writing in C language. This empowers developers to create algorithms tailored for a diverse spectrum of applications.”

Copperhead seamlessly integrates LPython, a user-friendly open-source compiler, combining the ease and familiarity of Python programming with code performance comparable to C. Developers can create optimum data frameworks to harness Gemini APU’s unique capabilities for their algorithms. The Copperhead suite also works seamlessly with already available Gemini APU libraries, enabling rapid application development. GSI will be open sourcing the emulation tools of Copperhead to enable community development of applications and libraries for the AI and HPPC markets.

Empowering Developers with Programmable Frameworks: Gemini APU’s bit-programmable microcode sets it apart. Copperhead offers algorithm architects pure-Python emulators and specialized DSLs, boosting innovation by allowing easy experimentation with various data types.

Accelerated Performance: Copperhead empowers programmers to prototype and debug APU application code exclusively in Python. With optimized compilation and testing, applications achieve impressive speeds on the device, often surpassing emulator speeds by over 1,000 times. For example, Conway’s Game of Life running at about 300FPS in emulation, runs at 13 million FPS on the APU.

Leveraging Open Source Power: Open source plays a pivotal role, enhancing both execution speed and development and LPython’s evolution benefits from contributions by open-source developers. This approach fosters ongoing optimization and development improvements.

Together, the Gemini APU and Copperhead Compiler Suite give developers resources to create groundbreaking solutions, representing a significant leap forward in utilizing the computing power of the Gemini APU and enabling diverse applications to thrive.

To learn more about GSI’s Gemini APU , visit https://www.gsitechnology.com/compute

To learn more about LPython, visit  https://github.com/lcompilers/lpython

To get access to the Copperhead compiler suite, please email [email protected]

ABOUT GSI TECHNOLOGY

Founded in 1995, GSI Technology, Inc. is a leading provider of semiconductor memory solutions. The Company recently launched radiation-hardened memory products for extreme environments in space and the Gemini® Associative Processing Unit (APU), a memory-centric design that delivers significant performance advantages for diverse AI applications. The Gemini APU architecture removes the I/O bottleneck between the processors and memory arrays by performing massive parallel searches directly in the memory array where data is stored. The novel architecture delivers performance-over-power ratio improvements compared to CPU, GPU, and DRAM for applications like image detection, speech recognition, e-commerce recommendation systems, and more. Gemini is an ideal solution for edge applications with a scalable format, small footprint, and low power consumption where rapid, accurate responses are critical. For more information, please visit www.gsitechnology.com.

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding GSI Technology’s expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to GSI Technology as of the date hereof, and GSI Technology assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a variety of risks and uncertainties, including the effectiveness of newly developed software programs and tools and customer adoption of such programs and tools and related hardware products, any of, which could cause actual results to differ materially from those projected. Further information regarding these and other risks relating to GSI Technology’s business is contained in the Company’s filings with the Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors” in such filings.

Contacts:

Investor Relations

Hayden IR
Kim Rogers
385-831-7337
[email protected]

Media Relations

Finn Partners for GSI Technology
Ricca Silverio
(415) 348-2724
[email protected]

Company

GSI Technology, Inc.
Douglas M. Schirle
Chief Financial Officer
408-331-9802 



Henry Schein Opens Customer Assistance Hotline in Response to Hawaii Wildfires

Henry Schein Opens Customer Assistance Hotline in Response to Hawaii Wildfires

Dentists and Physicians Who May Experience Operational, Logistical, or Financial Issues Are Encouraged to Call 800-999-9729

MELVILLE, N.Y.–(BUSINESS WIRE)–
Henry Schein, Inc. (Nasdaq: HSIC) reminds its customers in Hawaii that the Henry Schein Customer Assistance Hotline is open for dentists and physicians who may experience operational, logistical, or financial issues as a result of damage caused by the recent wildfires.

The toll-free number for all Henry Schein customers is 800-999-9729. The hotline is open 24/7, with real-time assistance available from Team Schein Members from 8 a.m. to 6 p.m. Eastern Time.

“We are saddened to hear of the wildfires in Maui and throughout the Hawaiian islands, and our deepest sympathies are with the individuals who have been affected,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “As we witness the impact of the fires, we encourage our customers to contact our hotline for assistance with recovery and rebuilding efforts. Team Schein is committed to supporting health care professionals when it matters most, and we are here to help face these challenges together.”

The Henry Schein Customer Assistance Hotline remains open throughout the year to help practitioners during their preparation and recovery from disasters. To help meet the challenges of rebuilding a practice in the wake of a natural disaster, practitioners can download our Recovery Guide for Office-Based Practitioners.

About Henry Schein Cares

Henry Schein Cares stands on five pillars: empowering Team Schein to reach their potential, advancing health equity and expanding access to care for underserved communities, accelerating environmental sustainability, strengthening and diversifying our supply chain, and maintaining strong ethical governance. Health care activities supported by Henry Schein Cares focus on four main areas: (1) wellness, treatment, prevention, and education; (2) capacity building; (3) emergency preparedness and disaster response; and (4) health system strengthening.

Rooted in a deep commitment to social responsibility and the philosophy of enlightened self-interest championed by Benjamin Franklin, the purpose-driven vision of Henry Schein Cares is “doing well by doing good.” Our commitment to sustained, long-term economic success while also creating shared value for society is achieved through the work of Henry Schein Cares and our stakeholder model that engages all five constituents of our Mosaic of Success. To learn more about how we are making a difference, please visit: www.henryschein.com/corporatecitizenship.

About Henry Schein, Inc.

Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With more than 23,000 Team Schein Members worldwide, the Company’s network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that help improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional health care clinics, as well as other alternate care sites.

Henry Schein operates through a centralized and automated distribution network, with a selection of more than 300,000 branded products and Henry Schein private-brand products in stock.

A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 33 countries and territories. The Company’s sales reached $12.6 billion in 2022, and have grown at a compound annual rate of approximately 12.1 percent since Henry Schein became a public company in 1995.

For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, Instagram.com/HenrySchein, and Twitter.com/HenrySchein.

Ann Marie Gothard

Vice President, Global Corporate Media Relations

[email protected]

+1 (631) 390-8169

KEYWORDS: New York Hawaii United States North America

INDUSTRY KEYWORDS: Environment Medical Devices Women Natural Disasters Dental Men Telemedicine/Virtual Medicine Practice Management Consumer Health

MEDIA:

Logo
Logo

Unilever U.S. Voluntarily Recalls Select Knorr Sopa Soup Mix products due to Potential Undeclared Egg Allergen

Unilever U.S. Voluntarily Recalls Select Knorr Sopa Soup Mix products due to Potential Undeclared Egg Allergen

ENGLEWOOD CLIFFS, N.J.–(BUSINESS WIRE)–
Unilever United States Inc. is voluntarily recalling select Knorr Sopa Soup Mix products because the products may contain egg, which is not listed as an ingredient on the label. Persons who have an allergy or severe sensitivity to egg run the risk of a serious or life-threatening allergic reaction if they consume these products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230810348834/en/

(Photo: Business Wire)

(Photo: Business Wire)

The following products are subject to recall:

Product

Best if Used by Date*

Size

GTIN/UPC

Knorr Estrellitas con Tomate Tomato Based Star Pasta Soup Mix

 

Dates prior to and including July 6, 2024

 

3.5 oz

 

048001716193

Knorr Fideos con Tomate Tomato Based Pasta Soup Mix

 

Dates prior to and including July 6, 2024

3.5 oz

048001716162

Knorr Letras con Tomate Tomato Based Alphabet Pasta Soup Mix

Dates prior to and including July 6, 2024

3.5 oz

048001716186

*Best if used by dates can be found on the back of the package above the list of ingredients

The recalled products were distributed nationwide. No other Unilever or Knorr products are affected by this recall. To date, the company has not received any reports of consumer complaints or allergic reactions associated with this product. Anyone concerned about an allergic reaction should contact a healthcare provider.

Consumers who have purchased the recalled product should not consume it and should visit www.KnorrSopaRecall.com. To receive a refund, consumers should take a picture of the back of the product that clearly shows the UPC and best if used by date.

This limited voluntary recall is being conducted with the knowledge of the U.S. Food and Drug Administration.

Unilever U.S. Media Relations Contact:

[email protected]

201-500-9100

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: FDA Food/Beverage Health Retail Supermarket

MEDIA:

Photo
Photo
(Photo: Business Wire)
Photo
Photo
(Photo: Business Wire)

Virgin Galactic Completes First Private Astronaut Spaceflight ‘Galactic 02’

Virgin Galactic Completes First Private Astronaut Spaceflight ‘Galactic 02’

Third Successful Spaceflight in Just Over Three Months

Historic Mission Flew First Olympian, First Female Astronauts from Caribbean and Most Women Flown in a Single Mission to Space

‘Galactic 03,’ the Company’s Third Commercial Spaceflight, Planned for September

Tune Back in For the Press Conference at 12PM Mountain Time

ORANGE COUNTY, Calif.–(BUSINESS WIRE)–
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company,”) today announced the completion of its first private astronaut flight, ‘Galactic 02.’ The mission achieved multiple historic milestones, showcasing how Virgin Galactic spaceflights are broadening access to space for a diverse, global community of astronauts.

Flying private astronauts Jon Goodwin from the United Kingdom, and Keisha Schahaff and Anastatia Mayers from Antigua and Barbuda, ‘Galactic 02’ achieved the following1:

  • First female astronauts from the Caribbean

  • First mother-daughter duo to go to space

  • Most women flown in a single space mission

  • Youngest person to go to space

  • First Olympian to go to space

  • First majority female spaceflight

  • The sixth and seventh Black women to go to space

  • Second person with Parkinson’s to go to space

  • Third oldest person to go to space

‘Galactic 02’ in-flight facts are as follows:

  • Take-off Time 8:30am MDT

  • Altitude at Release 44,300 feet

  • Apogee 55 miles

  • Top Speed Mach 3

  • Landing Time 9:30am MDT

MICHAEL COLGLAZIER, CEO of Virgin Galactic said: “Today Virgin Galactic took another historic leap forward by flying our first private astronaut mission and demonstrating how our spaceflights will broaden access to space. Jon, Keisha and Ana each embody our fundamental belief that space is for everyone, and we are proud that today’s flight has inspired people and communities around the world. This is just the beginning, as we plan to continue flying monthly spaceflights while also developing our Delta Class production spaceships to scale our business.”

CJ STURCKOW, VSS Unity Commander said: “It is a surreal and humbling experience to have flown Unity today. The wonder and excitement of spaceflight never loses its magic. I had the honor of being joined in the cockpit by Kelly Latimer, one of the first female commercial spaceship pilots. I’m proud of the work we’re doing here at Virgin Galactic to fly more people to space.”

KELLY LATIMER, VSS Unity Pilot said: “In my entire career, from the Air Force Academy to being a test pilot for NASA, nothing tops what I have just experienced at the controls of VSS Unity. Going to space today fulfilled an ambition I’ve had since I was a child. It is a privilege to be part of a majority-women crew making history as the most female astronauts flying to space in a single mission.”

The company will now proceed with post-flight inspections and analysis in preparation for the next commercial space mission, ‘Galactic 03, which is planned for September in a continuation of Virgin Galactic’s monthly flight cadence.

Virgin Galactic will host a live post-flight press conference at approximately 12pm MDT. This can be viewed on Virgin Galactic’s YouTube channel.

Press materials clear for you use can be accessed via the newly launched Virgin Galactic Newsroom including:

  • New ‘Galactic 02’ b-roll and photos uploaded throughout the day

  • ‘Galactic 02’ crew bios and profile shot
  • Pilot bios

  • Full catalog of hi-res imagery and b-roll from all flights

[1] According to our research as of the day of the flight

About Virgin Galactic

Virgin Galactic is an aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. It has developed a spaceflight system designed to connect the world to the love, wonder and awe created by space travel and to offer customers a transformative experience. You can find more information at https://www.virgingalactic.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our spaceflight systems, expected flight schedule, and repeatable and reliable access to space are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.virgingalactic.com, which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

For media inquiries:

Aleanna Crane – Vice President, Communications

[email protected]

Jeff Michael – Communications

[email protected]

661.754.4300

For investor inquiries:

Eric Cerny – Vice President, Investor Relations

[email protected]

949.774.7637

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Air Transport Other Travel Transportation Destinations Travel Other Transport

MEDIA:

The California Virtual Academies Kindergarten Prep Program Helps the Youngest Students Get Ahead of the Game

The California Virtual Academies Kindergarten Prep Program Helps the Youngest Students Get Ahead of the Game

LOS ANGELES–(BUSINESS WIRE)–
(LRN)– The California Virtual Academies (CAVA) today announced that 86% of its Transitional Kindergarten students have re-enrolled in its virtual school this year for Kindergarten. CAVA’s Transitional Kindergarten, which uses the award-winning Embark program, and prepares students academically and socially for the upcoming school year.

Created by developmental psychologists and academics, Embark is a cutting-edge, national award-winning, Pre-K, Transitional-K, and Kindergarten Prep program designed to empower children aged 3-5 with the skills and knowledge they need for a successful future. Courses are highly interactive, with audio and visuals to help children follow along, and can be taken at a pace that suits each child’s learning style.

Widely adopted in schools throughout the country, the comprehensive and age-appropriate early learning program harnesses the power of game-based learning. Embark is centered around 18 thematic units, such as “Family and Friends,” “My Five Senses,” and “Looking at Animals,” all of which are carefully crafted to resonate with young children’s interests. Within each unit, six subjects are covered: Language Arts, Math, Science, Social Studies, Music, and Art, ensuring a well-rounded and enriching experience for every child.

“Research studies have demonstrated the powerful benefits of game-based learning for children who have grown up with technology,” said CAVA’s Head of School, April Warren. “The engagement and interactivity that games offer not only make learning fun, but also enhance children’s retention and application of knowledge.”

RESULTS

CAVA reports 93% of their 2022 students had 100% mastery of math essential standards at the end of the last school year. For its Math program, 29% of their students were demonstrating proficiency at the start of the last school year, this number increased to 81% in Math by the end of the year. Reading went from 11% to 73%.

CAVA students meet daily with their teacher and classmates in a video-enhanced environment, fostering socialization, daily learning goals, and social-emotional learning. To complement this digital engagement, the program includes an array of offline materials sent to each student’s home, such as reading books, manipulatives, flashcards, foam dice, science kits, social studies kits, and more.

For more information or to enroll your young student in the 2023-2024 school year, please visit https://cava.k12.com/academics/kindergarten.html.

About California Virtual Academies

California Virtual Academies are nine independent online public charter schools that use the curriculum and tools provided by K12, a Stride Company (NYSE: LRN). The California Virtual Academies are: CAVA @ Fresno, CAVA @ Kings, CAVA @ Los Angeles, CAVA @ Maricopa, CAVA @ San Diego, CAVA @ San Joaquin, CAVA @ San Mateo, CAVA @ Sonoma and CAVA @ Sutter. Families do not pay tuition for a student to attend an online public school. Common household items and office supplies like printer ink and paper are not provided. Our enrollment consultants can help address your technological and computer questions and needs. Stride offers learners of all ages a more effective way to learn and build skills for their future. For more information about CAVA, visit https://cava.k12.com/.

Cortney Quintero

[email protected]

719.465.3565

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Technology Teens Parenting Children Other Technology Family Consumer Primary/Secondary Education

MEDIA:

Logo
Logo

Cedar Fair Unveils Exciting Capital Plans for 2024 Operating Season

Cedar Fair Unveils Exciting Capital Plans for 2024 Operating Season

Record-breaking coasters and first-of-its-kind attractions, a full lineup of fun-filled seasonal events and delicious new dining experiences all on tap for next year

SANDUSKY, Ohio–(BUSINESS WIRE)–
Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced exciting plans for the 2024 operating season across multiple parks in the U.S. and Canada. These include the debut of Top Thrill 2, the world’s tallest and fastest triple-launch strata roller coaster at Cedar Point in Ohio, and Iron Menace, the Northeast’s first-ever dive roller coaster, at Dorney Park in Pennsylvania. Kings Island will introduce its fifth kids’ coaster, Snoopy’s Soapbox Racers, as part of the new Camp Snoopy, an expansion of the park’s award-winning kids’ area. Two other parks will be making big splashes too, as Canada’s Wonderland introduces Moosehorn Falls, a giant water slide with a zero-gravity wall summit, and Schlitterbahn in New Braunfels, Texas, adds Bow Wow Blaster, the world’s first water coaster for kids. On top of that, there will be plenty of tasty new food and beverage options, and park event calendars throughout 2024 will be packed with seasonal festivals and special celebrations to delight everyone in the family.

“The investments we have made in our parks over the past several years have improved the guest experience and contributed to record guest satisfaction ratings, and we intend to build on that success in 2024,” said Cedar Fair President and CEO Richard A. Zimmerman. “Our capital plans for the year ahead are aimed at delivering one-of-a-kind experiences and entertainment that are unmatched in the industry, with something for everyone to enjoy.”

Among the highlighted plans and developments for the 2024 operating season:

  • The multi-million-dollar transformation of the Knott’s Hotel will ring in the new year, with its first full year of operation as the quintessential extension of the charm, craftmanship and hospitality of the park’s founders, Walter and Cordelia Knott. The complete renovation of the 322-room resort property will provide a one-of-a-kind overnight experience for both Orange County business and leisure travelers alike.

  • Cedar Point will once again redefine roller coaster innovation in 2024 with the debut of Top Thrill 2, the world’s tallest and fastest triple-launch strata roller coaster. The strata coaster, known as any roller coaster eclipsing a height of 400 feet, was first pioneered by Cedar Point in 2003. The park will build on that legacy with not one but two 420-foot-tall track towers, putting riders in the driver’s seat for one of the greatest races of all time. From the start, using an all-new linear synchronous motor (LSM) launch system, riders will peel out down the straightaway reaching speeds of 74 mph, racing toward the sky on Top Thrill 2’s original 420-foot-tall “top hat” tower. After experiencing a moment of weightlessness during the “rollback” – the coveted fan-favorite moment when the train’s momentum isn’t great enough to make it up and over the tower – the train shifts into reverse and into its second launch, reaching speeds of 101 mph. Riders will then see Cedar Point unlike ever before as they speed into a backward climb at a 90-degree angle on a new, 420-foot-tall track tower. After a second moment of weightlessness, the train shifts into drive and races forward into its third launch, clocking in at the ride’s top speed of 120 mph. Crossing over the top hat tower, the train decelerates momentarily before diving into a 270-degree spiral and crossing the finish line.
  • Canada’s Wonderland is inviting guests to climb aboard a new raft adventure in its 20-acre water park next year with the addition of Moosehorn Falls, a giant water slide with a zero-gravity wall summit. This new Splash Works expedition will take up to six guests down a rushing river cascade of twists, turns and drops before being propelled to the summit of a zero-gravity, 13-metre wall. As rafters crest the vertical apex in a moment of weightlessness, the current will reverse and send them downstream to a crystal-clear pool where their journey ends with a breathtaking splash.
  • Dorney Park & Wildwater Kingdom is diving into the 2024 season with the debut of Iron Menace, the Northeast’s first-ever dive roller coaster, opening in 2024. It will be one of the largest capital investments in park history. Riders of Iron Menace will start their exhilarating journey in the remains of an old steel mill and then climb 160 feet where they’ll hang over the beyond-vertical first drop before diving into the first of four mind-bending inversions. With nearly 2,200 feet of steel track, this awe-inspiring roller coaster will feature a unique “hold and dive” element, where riders will find themselves hanging on the edge of their seats, breathlessly awaiting the heart-pounding 95-degree, 152-foot drop.
  • Kings Island will expand its award-winning kids’ area with the addition of a new adventure play space, Camp Snoopy, featuring the park’s newest roller coaster, Snoopy’s Soapbox Racers. It will be the amusement park’s first family boomerang coaster, which races riders both forward and backward on the same track. With the addition of Snoopy’s Soapbox Racers, Kings Island will become the Kids Coaster Capital of the World, offering five different coaster experiences for future thrill seekers. Also debuting in 2024 will be Beagle Scout Acres, a shaded, nature-themed play area where kids and their families will be able to explore and play on their own among turfed mounds and grassy areas filled with camping equipment.
  • Schlitterbahn Waterpark and Resort in New Braunfels, Texas, will continue its tradition of premiering first-of-its-kind attractions by adding Bow Wow Blaster, the world’s first water coaster for kids. The new water coaster will be part of Schatze’s Storybrook Park, an all-new kids’ area which will include water slides, 70+ interactive water features, spray toys, splash pads and a 1,200-gallon tipping water bucket.

In addition to new rides and attractions, Cedar Fair will continue to invest in upgrading and expanding food and beverage facilities across its portfolio in 2024. There will be an array of new signature menu and beverage items to tickle the taste buds and provide experiences that guests can’t find anywhere else. As in recent years, these capital investments will be focused on improving the capabilities, technologies and efficiencies of the parks’ food preparation and delivery systems.

Also on tap for 2024 is a lineup chock full of popular seasonal events. The always-popular Grand Carnivale celebration will return to a number of parks next summer. Carnivale at Orleans Place will be back for another run at California’s Great America, while the Frontier Festival will return to Cedar Point. In the fall, most of our parks will offer Halloween-themed special events such as Tricks and Treats or Halloween Haunt that are sure to appeal to those looking for some frightful family fun or a good scare. And as temperatures drop, WinterFest will return to Carowinds, California’s Great America, Kings Dominion, Canada’s Wonderland and Kings Island. This one-of-a-kind holiday spectacular is filled with millions of lights, enchanting themed areas, live holiday entertainment, sweet and savory treats, and a variety of additional activities for the entire family.

“Making people happy is what our parks do best, and with 2024 season passes now on sale, we’re more excited than ever about the year ahead,” said Zimmerman. “Whether you’re a rabid fan of sky-high coasters and water slides, a food lover on the prowl for something unique, or a lifelong devotee of great festivals and live entertainment, you’ll find something to enjoy at our parks in 2024.”

For more information about 2024 season passes, please visit www.cedarfair.com and click on your favorite park property.

About Cedar Fair

Cedar Fair Entertainment Company (NYSE: FUN), one of the largest regional amusement-resort operators in the world, is a publicly traded partnership headquartered in Sandusky, Ohio. Focused on its mission to make people happy by providing fun, immersive, and memorable experiences, the Company owns and operates 13 properties, consisting of 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling more than 2,300 rooms and more than 600 luxury RV sites. Cedar Fair’s parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.

Forward-Looking Statements

Some of the statements contained in this news release that are not historical in nature constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements as to the Company’s expectations, beliefs, goals, and strategies regarding the future. These forward-looking statements may involve risks and uncertainties that are difficult to predict, may be beyond our control and could cause actual results to differ materially from those described in such statements. Although the Company 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 or that the Company’s growth strategies will achieve the target results. Important factors, including general economic conditions, the impacts of public health concerns, adverse weather conditions, competition for consumer leisure time and spending, unanticipated construction delays, changes in the Company’s capital investment plans and projects and other factors discussed from time to time by the Company in its reports filed with the Securities and Exchange Commission (the “SEC”) could affect attendance at the Company’s parks and the Company’s growth strategies, and cause actual results to differ materially from the Company’s expectations or otherwise to fluctuate or decrease. Additional information on risk factors that may affect the business and financial results of the Company can be found in the Company’s Annual Report on Form 10-K and in the filings of the Company made from time to time with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether a result of new information, future events, information, circumstances or otherwise that arise after the publication of this document.

This news release and prior releases are available under the News tab at http://ir.cedarfair.com

Investor Contact: Michael Russell, 419.627.2233

Media Contact: Gary Rhodes, 704.249.6119

https://ir.cedarfair.com

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Theme Parks Entertainment Vacation Specialty Other Travel Lodging Food/Beverage Destinations Travel General Entertainment Retail Tourist Attractions

MEDIA:

Logo
Logo

Usio Announces New Date for Second Quarter Fiscal 2023 Conference Call

Usio Announces New Date for Second Quarter Fiscal 2023 Conference Call

Conference Call will Now Be Held on August 14, 2023 at 4:30PM EDT

SAN ANTONIO–(BUSINESS WIRE)–
Usio, Inc. (Nasdaq:USIO), a leading FinTech that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced it will now release second quarter fiscal 2023 financial results for the period ended June 30, 2023, after the market closes on Monday, August 14, 2023.

Usio’s management will host a conference call the same day, August 14, 2023, beginning at 4:30 p.m. Eastern time to review financial results and provide a business update. Following management’s formal remarks, there will be a question-and-answer session.

To listen to the conference call, interested parties within the U.S. should call 1-844-883-3890. International callers should call 1-412-317-9246. All callers should ask for the Usio conference call. The conference call will also be available through a live webcast, which can be accessed via the company’s website at www.usio.com/investors.

A replay of the call will be available approximately one hour after the end of the call through August 28, 2023. The replay can be accessed via the Company’s website or by dialing 1-877-344-7529 (U.S.) or 1-412-317-0088 (international). The replay conference playback code is:4319180.

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), is a leading Fintech that operates a full stack of proprietary, cloud-based integrated payment and embedded financial solutions in a single ecosystem to a wide range of merchants, billers, banks, service bureaus and card issuers. The Company operates credit/debit and ACH payment processing platforms, as well as a turn-key card issuing platform to deliver convenient, world-class payment solutions and services to their clients. The company, through its Usio Output Solutions division offers services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, Texas, and has a development office in Austin, Texas.

Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook® and Twitter.

FORWARD-LOOKING STATEMENTS DISCLAIMER

Except for the historical information contained herein, the matters discussed in this release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management’s intent, belief, and expectations, such as statements concerning our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as “believe,” “intend,” “look forward,” “anticipate,” “schedule,” and “expect” among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company’s business that could cause actual results to vary, including such risks related to an economic downturn as a result of the COVID-19 pandemic, the realization of opportunities from the IMS acquisition, the management of the Company’s growth, the loss of key resellers, the relationships with the Automated Clearinghouse network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of the stock price, the need to obtain additional financing, risks associated with new tax legislation, and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2022. One or more of these factors have affected, and in the future, could affect the Company’s businesses and financial results in the future and could cause actual results to differ materially from plans and projections. The Company believes that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that the objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements, except as required by law.

Paul Manley

Senior Vice President, Investor Relations

[email protected]

612.834.1804

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Fintech Professional Services Finance

MEDIA:

Logo
Logo