Author: Newsdesk

DUBAI, United Arab Emirates and SAN FRANCISCO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Dubai-based Forward Investments today announced it has invested in Nozomi Networks, a global market leader in Operational Technology (OT) and Internet of Things (IoT) security, headquartered in San Francisco, USA. This investment represents the strong relationship forged between the two entities and plays a role in fueling innovation in the delivery of Information Technology (IT), OT and IoT cybersecurity services to enterprises across the public and private sectors in the UAE and broader Middle East and North Africa (MENA) region. 

“Our investment in Nozomi Networks showcases our commitment to a global OT security firm that targets utilities. Nozomi Networks helps clients fulfill their vision to deliver digital utilities using autonomous systems for renewable energy, storage, and expansion in artificial intelligence (AI) adoption by providing digital services,” said H.E. Saeed Al Tayer, Chairman of Forward Investments. “Given escalating cyber risks to ICS and control networks, advanced monitoring and threat detection systems play an increasingly critical role. It seems fitting that the pioneering investment for Forward Investments is with Nozomi Networks, itself a pioneer in securing the modernization of critical industrial infrastructure in the region and around the globe.”

Nozomi Networks is recognized for its superior operational visibility, advanced OT and IoT threat detection and strength across deployments. Nozomi Networks’ solutions currently support more than 17 million devices in thousands of installations across energy, manufacturing, mining, transportation, utilities, building automation, smart cities and critical infrastructure. The products are deployable onsite and in the cloud and span IT, OT and IoT to automate inventorying, visualizing and monitoring of industrial control networks through the innovative use of AI.

Forward Investments is the venture capital and mergers and acquisitions (M&A) arm of Dubai Electricity and Water Authority (DEWA). The investment arm was created to identify, invest and partner with global leading utilities, power and related technology firms. The fund aims to be a strategic capital partner, building long-term relationships with stakeholders and partners and leveraging networks to ensure their success in the local and global markets. The fund invests region agnostically in growth-stage technology firms and is the first of its kind in the region.

“We’re thrilled to partner with Forward Investments and extend IT, OT and IoT cybersecurity services to enterprises across the public and private sectors in UAE and the region,” says Edgard Capdevielle, CEO of Nozomi Networks. “We have worked with DEWA for a long time and look forward to expanding our presence in the region.”

To date, Nozomi Networks’ total funding exceeds $54M with top-tier investors including GGV Capital, Lux Capital, Energize Ventures, Planven Investments and Telefónica.

About
Forward Investments

Forward Investments is the first corporate venture capital and mergers and acquisitions (M&A) arm of any utilities-based corporate entity in the Middle East, North Africa and South Asia region. The fund is backed by the government of Dubai and sponsored by Dubai Electricity and Water Authority (DEWA).
Forward Investments is committed to building long-term relationships with stakeholders and partners, leveraging all networks to ensure their success in the local and global market. The fund supports Dubai’s position as a global epicenter of energy- and utilities-based technology and service.

About Nozomi Networks

Nozomi Networks is the leader in OT and IoT security and visibility. We accelerate digital transformation by unifying cybersecurity visibility for the largest critical infrastructure, energy, manufacturing, mining, transportation, building automation and other OT sites around the world. Our innovation and research make it possible to tackle escalating cyber risks through exceptional network visibility, threat detection and operational insight. www.nozominetworks.com

Press Contacts:

Forward Investments

Fareed Ahmed Elhadi
Email: [email protected]

Nozomi Networks

Jil Backstrom
Email: [email protected]
Tel: +1 303 913 1650

TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Guardian Capital LP announces the following regular cash distributions for the month ending November 30, 2020, in respect of the Guardian Capital ETFs listed below. In each case, the distribution will be paid on November 30, 2020 to unitholders of record on November 24, 2020. The ex-dividend date in each case is November 23, 2020.  

About Guardian Capital LP

Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and each of the Guardian ETFs. Additionally, Guardian Capital manages portfolios for defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and third-party mutual funds. Guardian Capital is a wholly-owned subsidiary of Guardian Capital Group Limited. For further information on Guardian Capital, please visit www.guardiancapitallp.com.

About Guardian Capital Group Limited

Guardian Capital Group Limited is a diversified financial services company founded in 1962. Guardian operates in two main business areas, Asset Management and Financial Advisory. As of September 30, 2020, Guardian had C$32.7 billion of assets under management and C$20.8 billion of assets under administration. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio, which had a fair market value of C$552 million at September 30, 2020. Its Common and Class A shares are listed on the Toronto Stock Exchange; in 2019, Guardian celebrated 50 years as a listed company. To learn more about Guardian, visit www.guardiancapital.com.

For further information, please contact Guardian Capital at 416-350-8899 or visit www.guardiancapital.com.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase Guardian Capital ETFs and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

VANCOUVER, British Columbia, Nov. 17, 2020 (GLOBE NEWSWIRE) — GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) is pleased to announce that it has closed a non-brokered private placement of 1,375,000 units (each, a “Unit”) at a price of $0.40 per Unit for gross proceeds of $550,000 (the “Private Placement”). Each Unit consists of one ‘flow-through’ common share and one-half of one transferable common share purchase warrant (“Warrants”). Each whole Warrant entitles the holder to purchase one common share of the Company at a price of $0.50 per share for a period of two (2) years following the date of issuance.

In connection with the closing of the Private Placement, the Company paid aggregate cash finder’s fees of $29,750 and issued 96,250 non-transferable finder warrants to certain brokers, having the same terms as the Warrants.

All securities issued pursuant to the Private Placement are subject to a four-month hold period from the closing date in accordance with applicable securities laws.

Proceeds from the Private Placement are expected to be used for exploration work on the Company’s projects.

About GSP Resource Corp.: GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia. The Company has an option to acquire a 100% interest and title to the Alwin Mine Copper-Gold-Silver Property in the Kamloops Mining Division, as well as an option to acquire 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division.

Contact Information – For more information, please contact:
Simon Dyakowski, Chief Executive Officer & Director
Tel: (604) 619-7469
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Forward-Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, use of funds from the Private Placement, future exploration work on the Company’s projects, and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, 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 may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies, including the price of metals, the ability to achieve its goals, and that general business and economic conditions will not change in a material adverse manner. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, failure to maintain all necessary government permits, equipment failures, adverse weather conditions, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, approvals and authorizations, and failure to maintain community acceptance (including First Nations). The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

• Revenues grow 64.8% over the immediately preceding quarter
  and a 115.3% increase over the corresponding period of the prior year
• Loss per share of 8.5 cents in line with levels of immediately preceding quarter

REDWOOD CITY, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Biotricity Inc. (OTCQB: BTCY), a medical diagnostic and consumer healthcare technology company, reported results for the three months ended September 30, 2020. During the three months ended September 30, 2020, the Company earned device sales and technology fees totaling $744,585. Expansive growth into new clinics adopting Bioflux resulted in September being the Company’s highest revenue-producing month to date. Full results are available on EDGAR or in the Financial Section of the Company’s website.

“During the six months ended September 30, 2020, the Company earned revenues of $1,196,483 compared to $672,906 in the corresponding prior year period – a 77.8% increase,” stated Waqaas Al-Siddiq, CEO of Biotricity.

“During the three and six months ended September 30, 2020, the Company experienced a gross margin of 43.6% and 48.9%, respectively.” Biotricity’s CFO, John Ayanoglou added, “Management expects that the cost of devices sold, and other technology associated fees will become lower as a percentage of revenues as sales volumes expand.  For the quarter ended September 30, 2020, Biotricity incurred a net loss of 0.085 cents per share, which was in line with the net loss per share of 0.090 posted in the immediately preceding quarter.”  

During our initial commercialization of the Bioflux and the build-out of the Company’s expanded technology eco-system, we devoted significant resources to hiring a high-caliber sales force and our research and development programs incurring additional operating losses.  As we continue to build the infrastructure required to increase sales volumes rapidly, we expect these operating losses will continue.

Dr. Waqaas Al-Siddiq noted, “We provide our clinical customers and the patients they serve with potentially lifesaving remote medical monitoring. Our goal is to continue to expand our market penetration and product offering as we establish our vision of providing the patients our technology serves with a superior continuum of care.”

Alongside sales growth, the Company has focused on the continued enhancement of its core technology and R&D efforts, leading to several key milestones in recent months that include the following:

1. FDA Clearance of the Bioflux II software
2. Launched Biocare Telemed, a telemedicine platform to support remote prescriptions and follow up visits
3. Launched Biocare Direct, a program that supports physicians and at-risk patients by shipping Bioflux directly to the patients’ home when prescribed by a physician
4. Verizon Partnership to develop EMS solutions

Biotricity management will host a conference call and live webcast for analysts and investors on November 19, 2020 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company’s financial results for the quarter.

To access the live call, dial 323-289-6576 (local) or 800-437-2398 (toll free) and give the participant passcode 9877135.

A live and archived webcast of the conference call will be accessible on the Investor Relations section of the company’s website at www.biotricity.com. In addition, a phone replay will be available approximately two hours following the end of the call, and will remain available for one week. To access the call replay, please use the following link.

Registration for Call-in Audio Replay
Web Address URL:  Click Here

Call-in Audio Replay Passcode:   9877135

About Biotricity Inc. 
Biotricity is reforming the healthcare market by bridging the gap in remote monitoring and chronic care management. Doctors and patients trust Biotricity’s unparalleled standard for preventive & personal care, including diagnostic and post-diagnostic solutions for chronic conditions. The company develops comprehensive remote health monitoring solutions for the medical and consumer markets. To learn more, visit www.biotricity.com.

Important Cautions Regarding Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words “may,” “should,” “would,” “will,” “could,” “scheduled,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “seek,” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the design, development and commercialization of Bioflux or any of the Company’s other proposed products or services, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) the Company’s future financial performance, (iv) the regulatory regime in which the Company operates or intends to operate and (v) the assumptions underlying or relating to any statement described in points (i), (ii), (iii) or (iv) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company’s current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company’s inability to obtain additional financing, the significant length of time and resources associated with the development of its products and related insufficient cash flows and resulting illiquidity, the Company’s inability to expand the Company’s business, significant government regulation of medical devices and the healthcare industry, lack of product diversification, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company’s failure to implement the Company’s business plans or strategies. These and other factors are identified and described in more detail in the Company’s filings with the SEC. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

NEWPORT BEACH, Calif. and SALT LAKE CITY, Nov. 17, 2020 (GLOBE NEWSWIRE) — VERB Technology Company, Inc.(NASDAQ: VERB) (“VERB” or the “Company”), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that Shaklee Corporation (“Shaklee”), a leading global provider of natural nutrition, personal care and environmentally friendly home care products, has adopted verbCRM, VERB’s interactive video-based customer relationship management and sales enablement platform, and verbLEARN, VERB’s interactive video-based learning management system, for use in direct selling by and training of its global network of distributors. Shaklee launched the VERB apps at its first-ever virtual conference in September 2020. The apps have been deployed in the U.S. and Canada.

With more than 1.2 million members and distributors in the U.S., Japan, Mexico, Malaysia, Canada, Taiwan, and China, Shaklee is one of the largest direct sales companies in the world and a leading natural nutrition and green cleaning products company in the U.S. It was the first company in the world to become Climate Neutral Certified in the year 2000 and is a fully carbon neutral organization.

verbCRM will be used as a selling resource by Shaklee’s distributors in marketing its products, acquiring new customers, and solidifying existing customer relationships. It allows Shaklee users to easily engage with customers by easily sharing product information, video content and promotions directly with their customers and through social media, transforming the direct selling process into an interactive experience that allows them to monitor and act upon customer engagement. The app includes verbCRM’s sampling feature that allows users to manage and send sample products to potential and existing customers. verbLEARN will be used in training and onboarding, as well as retention, of Shaklee’s distributors. Implementation is expected to be efficient as the VERB platform is fully integrated with Salesforce, Shaklee’s enterprise software.

“We’re proud to add Shaklee to our expanding client base for verbCRM and verbLEARN,” stated Rory J. Cutaia, CEO of VERB. “We believe our sales enablement tools will further enhance Shaklee’s global leadership position as a direct seller of popular nutrition, wellness and green cleaning products by empowering its large distributor base.

“We’re also excited that Shaklee has been among the first large enterprises to subscribe for our new Salesforce synch feature we developed for our verbCRM platform. We hope to add Shaklee to our growing list of subscribers for verbLIVE, our interactive video-based livestream ecommerce and webinar product, for their distributors, whom we believe will benefit from our video-based sales technology and accompanying viewer engagement analytics. Adoption and deployment of verbLIVE will be quick and easy especially since they are already on the verbCRM platform.”

Roger Barnett, Shaklee Chairman and CEO, said, “We are focused on continually supporting our global distributors by providing them the best modern, digital tools available, and we are delighted to launch verbCRM and verbLEARN via our Shaklee Share App, which we believe will make the selling and training process more efficient. Direct selling is one of the most proven and time-tested ways for people to earn supplemental income, and today it is increasingly possible to do so in a digital and flexible way.”

About Shaklee

Shaklee is a leading natural nutrition company founded by Dr. Shaklee who invented the multi-vitamin in the US over 100 years ago. A pioneer in sustainability, Shaklee was the first company in the world to fully offset its carbon emissions so as to leave no footprint on our planet. Shaklee products are backed by over 100 published clinical studies proving safety and efficacy and are marketed through more than 2 million members and distributors in North America and Asia.

About VERB

VERB Technology Company, Inc. (Nasdaq: VERB) transforms how businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, and comprises a suite of sales enablement business software products offered on a subscription basis. Its software applications are available in over 60 countries and in more than 48 languages to large enterprise and small business sales teams that need affordable, easy-to-use, and quick-to-get-results sales tools. Available in both mobile and desktop versions, the applications are offered as a fully integrated suite, as well as on a standalone basis, and include verbCRM (Customer Relationship Management application), verbLEARN (Learning Management System application), and verbLIVE (Interactive Livestream eCommerce and Video Webinar application). The Company has offices in California and Utah. For more information, please visit: www.verb.tech.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and uncertainties, including statements about the closing of the offering of common stock. These forward-looking statements involve risks and uncertainties. If any of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by these forward-looking statements. These risks and uncertainties include risks associated with: the COVID-19 pandemic and related public health measures on our business, customers, markets and the worldwide economy; our plans to attract new customers, retain existing customers and increase our annual revenue; the development and delivery of new products, including verbLIVE; our plans and expectations regarding software-as-a-service offerings; our ability to execute on, integrate, and realize the benefits of any acquisitions; fluctuations in our quarterly results of operations and other operating measures; increasing competition; general economic, market and business conditions; and the risks described in the filings that we make with the Securities and Exchange Commission (“SEC”) from time to time, including the risks described under the headings “Risk Factors” and “Management Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K, which was filed with the SEC on May 14, 2020, as amended by Amendment No. 1 on Form 10-K/A to our Annual Report on Form 10-K, which was filed with the SEC on June 4, 2020, and which should be read in conjunction with our financial results and forward-looking statements contained therein, and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, which was filed with the SEC on November 16, 2020, which should be read in conjunction with our financial results and forward-looking statements contained therein. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Investor Relations Contact:

888.504.9929
[email protected]

Media Contact:
855.250.2300, ext.107
[email protected]

SAN JOSE, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — NeuVector, the leader in Full Lifecycle Container Security, today announced that customers switching to NeuVector receive a 30% discount off the fees paid for their current container security platform. The announcement is being made at KubeCon and CloudNativeCon 2020, where NeuVector is a Silver Sponsor.

New customers interested in taking advantage of the promotion can stop by the NeuVector booth in the Silver exhibit hall at KubeCon or reach out to [email protected] for more information, to begin their proof-of-concept, and to clearly understand NeuVector’s competitive advantages. New customers completing a qualified POC and purchasing the NeuVector solution save 30% off the cost of their existing solution. They will also receive their choice of a welcome gift (including a drone, iPad, or a donation to a selected charity). The promotion will run through December 31, 2020.

NeuVector enables enterprises to secure container and Kubernetes environments throughout the entire application lifecycle. NeuVector’s patented container firewall technology delivers the defense-in-depth capabilities to defeat even zero-day attacks and threats with unknown origin. Through behavioral learning, Security-as-Code, and automation processes throughout the CI/CD pipeline and at run-time, security vulnerabilities and abnormal behavior are detected – enabling DevOps and DevSecOps teams to neutralize threats. NeuVector is continually adding new capabilities that expand and harden its solution, such as compliance templates and serverless security.

“We believe our new promotion for KubeCon and CloudNativeCon will make it an even easier choice to leverage NeuVector for end-to-end container security,” said Stephanie Fohn, CEO, NeuVector. “We continue to see an influx of organizations migrating to NeuVector from other solutions that lack comprehensive feature-sets, are challenging for DevOps and DevSecOps teams to operate, cannot block zero-day threats, or are not easily integrated with popular orchestration tools. With this promotion, we want to raise the incentives to make it a no-brainer to see how NeuVector can address container security challenges with unmatched run-time security, developer-friendly security automation, and simplified operations.”

About NeuVector

NeuVector, the leader in Full Lifecycle Container Security, delivers uncompromising end-to-end security for modern container infrastructures. NeuVector offers a cloud-native Kubernetes security platform with end-to-end vulnerability management, automated CI/CD pipeline security, and complete run-time security – including the industry’s only container firewall to block zero-day attacks and other threats. NeuVector customers include global leaders in financial services, healthcare, transportation, government and other industries. For customers in highly regulated industries, NeuVector simplifies compliance for PCI, GDPR, HIPAA, and other stringent data security mandates. NeuVector integrates with leading cloud platforms, CI/CD tools, and monitoring tools. Founded by industry veterans from Fortinet, VMware, and Trend Micro, NeuVector has developed patented behavioral learning for container security.