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Keysight Secures First Release 16 Power Saving Test Case Validations

Keysight Secures First Release 16 Power Saving Test Case Validations

  • Test cases include device certification tests for radio frequency demodulation and radio resource management for frequency band n78

  • First test tool validation for radio frequency performance four-component carrier aggregation downlink test cases also secured

  • Keysight extends leadership with coverage of 98% of all 5G NR validated test cases

SANTA ROSA, Calif.–(BUSINESS WIRE)–Keysight Technologies, Inc. (NYSE: KEYS) gained approval for the industry’s first 5G New Radio (NR) Release 16 (Rel-16) power saving test cases for demodulation and radio resource management (RRM) in the n78 frequency band. The validated test cases, which are for use with Keysight’s 5G network emulation conformance test platform (TP168), were obtained at the recent Conformance Agreement Group (CAG) #75 meeting of the Global Certification Forum (GCF).

Optimizing power consumption is a key focus for 5G NR, with targeted improvements including extended battery life for device users. 3GPP Rel-16 addresses this need with new features that help reduce power consumption, such as RRM monitoring relaxations for devices not at a cell edge or with low mobility. Keysight’s approved test cases enable certification test for devices with these features to ensure they successfully pass the conformance criteria.

Keysight also received approval at CAG #75 for the first test tool validation covering radio frequency (RF) performance four-component carrier (4CC) aggregation downlink test cases. Enabling 4CC aggregation will boost wireless throughput rates for faster downloads and better performance.

With the addition of these test cases available through the S8705A RF/RRM DVT and Conformance Toolset, Keysight extends its test case leadership by having the greatest number of new test case / band validations and activating the greatest number of new work items now available for certification testing. Currently, Keysight leads the industry with coverage of 98% of all 5G NR-validated test cases.

Muthu Kumaran, General Manager of Keysight’s Device Acceptance Solutions, said: “Power Saving is a priority for the 5G NR industry and Keysight is committed to supporting the rollout of these features. In addition to securing the Release 16 demodulation and RRM validated test cases, we are working on the new power-saving test cases for Release 17. These new validated test cases firmly cement Keysight’s leadership of having the best 5G NR test case coverage in the industry at 98%.”

Resources

About Keysight Technologies

At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.

Paul Erwin

Americas/Europe

+1 248 430 9075

[email protected]

Fusako Dohi

Asia

+81 42 660-2162

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Technology Telecommunications Software Networks Internet Hardware Electronic Design Automation Data Management Consumer Electronics

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Tekla World Healthcare Fund Paid Distribution

Tekla World Healthcare Fund Paid Distribution

BOSTON–(BUSINESS WIRE)–
On July 31, 2023, Tekla World Healthcare Fund paid a monthly distribution of $0.1167 per share. It is currently estimated that this distribution is derived from return of capital or other capital source. The composition of this and subsequent distributions may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The aggregate of the net unrealized appreciation of portfolio securities and net realized gains on sale of securities is $16,581,322, of which $3,936,118 represents net unrealized appreciation of portfolio securities.

The following table sets forth the estimated amounts of the current distribution, paid on July 31, 2023, and the cumulative distributions paid this fiscal year-to-date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all the money that you have invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. All amounts are expressed per common share.

 

Current

Distribution

Percentage

Breakdown of Current

Distribution

Total Cumulative

Distributions for the

Fiscal Year to Date1

Percentage Breakdown

of the Total Cumulative

Distributions for the

Fiscal Year to Date1

Net Investment Income

$0.0000

0%

$0.0172

1%

Net Realized ST Cap Gains

$0.0000

0%

$0.0000

0%

Net Realized LT Cap Gains

$0.0323

28%

$0.0323

3%

Return of Capital or Other Capital Source

$0.0844

72%

$1.1175

96%

TOTAL (per common share):

$0.1167

100%

$1.1670

100%

The table below includes information relating to the Fund’s performance based on its NAV for certain periods.

Average annual return at NAV for the period from June 30, 2018 through June 30, 2023

8.34%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2023

11.05%

Cumulative total return at NAV for the fiscal year, through June 30, 20232

13.48%

Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of June 30, 20231

9.21%

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution policy.

The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Tekla World Healthcare Fund (NYSE: THW) is a closed-end fund that invests in companies in the healthcare industry.

Tekla Capital Management LLC, the Fund’s investment adviser, is a Boston, MA based healthcare-focused investment manager with approximately $3.1 billion of assets under management as of June 30, 2023. Tekla also serves as investment adviser to Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla Healthcare Opportunities Fund (NYSE: THQ), closed-end funds that invest in companies in the healthcare and life sciences industries. Information regarding the Funds and Tekla Capital Management LLC can be found at www.teklacap.com.

Please contact Destra Capital Advisors, the Fund’s marketing and investor support services agent, at [email protected] or call (877) 855-3434 if you have any questions regarding THW.

1 The Fund’s current fiscal year began on October 1, 2022.

2 Cumulative total return at NAV is the percentage change in the Fund’s NAV and includes all distributions and assumes the reinvestment of those distributions for the period of September 30, 2022 through June 30, 2023.

Destra Capital Advisors

[email protected]

(877) 855-3434

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

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Tekla Healthcare Opportunities Fund Paid Distribution

Tekla Healthcare Opportunities Fund Paid Distribution

BOSTON–(BUSINESS WIRE)–
Tekla Healthcare Opportunities Fund paid a monthly distribution of $0.1125 per share. It is currently estimated that this distribution is derived from net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The composition of this and subsequent distributions may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The aggregate of the net unrealized appreciation of portfolio securities and net realized gains on sale of securities is $164,957,160, of which $134,138,010 represents net unrealized appreciation of portfolio securities.

The following table sets forth the estimated amounts of the current distribution, paid on July 31, 2023, and the cumulative distributions paid this fiscal year-to-date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all the money that you have invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. All amounts are expressed per common share.

 

Current

Distribution

Percentage

Breakdown of

Current Distribution

Total Cumulative Distributions for the

Fiscal Year to Date1

Percentage Breakdown

of the Total Cumulative Distributions for the

Fiscal Year to Date1

Net Investment Income

$0.0000

0%

$0.0049

1%

Net Realized ST Cap Gains

$0.0318

28%

$0.2726

24%

Net Realized LT Cap Gains

$0.0369

33%

$0.2129

19%

Return of Capital or Other Capital Source

$0.0438

39%

$0.6346

56%

TOTAL (per common share):

$0.1125

100%

$1.1250

100%

The table below includes information relating to the Fund’s performance based on its NAV for certain periods.

Average annual return at NAV for the period from June 30, 2018 through June 30, 2023

9.83%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2023

6.31%

Cumulative total return at NAV for the fiscal year through June 30, 20232

11.51%

Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of June 30, 20231

5.26%

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution policy.

The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in companies in the healthcare industry.

Tekla Capital Management LLC, the Fund’s investment adviser, is a Boston, MA based healthcare-focused investment manager with approximately $3.1 billion of assets under management as of June 30, 2023. Tekla also serves as investment adviser to Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla World Healthcare Fund (NYSE: THW), closed-end funds that invest in companies in the healthcare and life sciences industries. Information regarding the Funds and Tekla Capital Management LLC can be found at www.teklacap.com.

Please contact Destra Capital Advisors, the Fund’s marketing and investor support services agent, at [email protected] or call (877) 855-3434 if you have any questions regarding THQ.

1 

The Fund’s current fiscal year began on October 1, 2022.

2 

Cumulative total return at NAV is the percentage change in the Fund’s NAV and includes all distributions and assumes the reinvestment of those distributions for the period of September 30, 2022 through June 30, 2023.

 

Destra Capital Advisors

[email protected]

(877) 855-3434

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

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Travel platform VakaTrip boosts conversion rates by 20% through its payments partnership with Nuvei

Nuvei’s full stack solution, including its integration to an extensive offering of payment methods, is uniquely supporting the Chinese operator’s global expansion

MONTREAL, July 31, 2023 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by VakaTrip, a leading online travel booking platform that aggregates data from over 80 budget airlines, as its payments partner to support its international expansion.

Based in China, VakaTrip is leveraging Nuvei’s global reach, including its local acquiring capabilities in 47 countries, to optimize card payment acceptance from its international customer base. This includes optimized settlement to enable smooth and efficient fund transfer, and best-in-class risk management solutions to secure transactions and minimize fraud.

Nuvei’s ubiquitous access to over 600 alternative payment methods, available through a single integration, is also enabling VakaTrip to offer all the relevant payment methods to its customers, in every market that it operates.

Since partnering with Nuvei, VakaTrip has witnessed substantial improvements in its business performance. Conversion rates for successful payments have increased by 20%, and VakaTrip has achieved a 15% reduction in total payment costs, optimizing payments performance further.

Muwa Yang, CEO of VakaTrip, commented on the announcement: “VakaTrip prides itself on its commitment to customer service, and is known for its efficient and convenient booking services for hotels and airlines. By utilizing Nuvei’s market-leading payments technology, VakaTrip is ensuring its customers enjoy a frictionless payment experience.”

Muwa Yang continued: “Nuvei is our trusted partner, supporting us as more than just a payment processor. They are the foundation of our connection with consumers.”

“We’re delighted to expand our partnership with VakaTrip to support its international expansion and accelerate its growth”, added Philip Fayer, CEO and Chair of Nuvei. “We’ve already started to see the results of VakaTrip’s utilization of our technology to optimize its payments. We look forward to maximizing revenues for VakaTrip as our partnership continues.”

About VakaTrip

Since 2018, VakaTrip has been steadily building the capabilities in aggregating and providing quality and competitive airline content to its B2B and B2C partners. In particular, it has built a reputation for aggregating directly connected content that offers accessibility, stable connectivity, and greater depth in air content, especially Low Cost Carrier content, globally.

VakaTrip now processes over 150,000 air bookings per month and 550 million search queries each day. Based on the self-developed multi-supply system, VakaTrip leverages the strength in air content aggregation to offer the most competitive fare and route solutions for customers.

About Nuvei 

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 47+ markets, 150 currencies and more than 600 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. 

For more information, visit www.nuvei.com

NVEI-IR 



Alex Hammond
Nuvei
[email protected]

Investor Relations
Nuvei
[email protected]

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EVI Industries to Acquire ALCO Washer Center

EVI Industries to Acquire ALCO Washer Center

MIAMI–(BUSINESS WIRE)–
EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire New Castle, Pennsylvania based ALVF, Inc. dba ALCO Washer Center (“ALCO”), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. Through ALCO, EVI increases its customer base and expands its distribution and service footprint in the northeast region of the United States.

Upon closing, ALCO will join EVI’s Northeast Group. Consistent with EVI’s operating philosophy, ALCO will continue to operate under its current name and from its present location, and have the full extent of EVI’s resources with which to execute on various growth opportunities in its region. The successful completion of the ALCO acquisition will represent EVI’s twenty-fifth (25th) acquisition of a successful family owned commercial laundry business. As a result of its successful acquisition program and various organic growth initiatives, EVI continues to be the fastest growing and only listed company devoted to the North American commercial laundry distribution and service industry.

The transaction is expected to close upon the satisfaction of customary closing conditions.

EVI’s Buy and Build Philosophy

Key components of EVI’s buy-and-build strategy include:

  • Identify and partner with great businesses led by influential leaders,

  • Retain the leadership team, honor the company culture and empower them,

  • Collaborate on new and transformative ideas to foster a spirit of growth and innovation,

  • Pursue aggressive growth plans and help the leadership team achieve their goals, and

  • Create an ownership culture by motivating the team with long-term equity.

Mr. Nahmad commented: “We believe that the thoughtful execution of our buy-and-build growth strategy has earned us a positive reputation in and around the commercial laundry industry, including among owners of quality businesses. We remain very active in the pursuit of additional investments in other great businesses and given our record, reputation, and appetite for significant growth, EVI is well-positioned to capitalize on a growing number of opportunities.”

About EVI Industries

EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. Through its vast sales organization, the Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. The Company sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Company’s robust network of commercial laundry technicians, the Company provides its customers with installation, maintenance, and repair services. The Company’s customers include retail, commercial, industrial, institutional, and government customers. Purchases made by customers range from parts and accessories to single or multiple units of equipment, to large complex systems as well as the purchase of the Company’s installation, maintenance, and repair services.

Forward-Looking Statements

Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to a number of known and unknown risks and uncertainties that may cause actual results, trends, performance or achievements of EVI Industries, or industry trends and results, to differ from the future results, trends, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, that the proposed acquisition of ALCO may not be accretive to EVI Industries earnings or otherwise have a positive impact on EVI Industries operating results or financial condition to the extent anticipated or at all, integration risks, risks related to the business, operations and prospects of ALCO and EVI Industries plans with respect thereto, the risk that the conditions to closing the proposed acquisition may not be satisfied and that the proposed acquisition may not otherwise be consummated when expected, in accordance with the contemplated terms, or at all, and the risks related to EVI Industries operations, results, financial condition, financial resources, and growth strategy, including EVI Industries ability to find and complete other acquisition or merger opportunities, and the impact of any such acquisitions or mergers on EVI Industries operations, results and financial condition. Reference is also made to other economic, competitive, governmental, technological and other risks and factors discussed in EVI Industries filings with the Securities and Exchange Commission, including, without limitation, those disclosed in the “Risk Factors” section of EVI Industries Annual Report on Form 10-K for the fiscal year ended June 30, 2022, filed with the SEC on September 13, 2022. Many of these risks and factors are beyond EVI Industries’ control. In addition, past performance and perceived trends may not be indicative of future results. EVI Industries cautions that the foregoing factors are not exclusive. The reader should not place undue reliance on any forward-looking statement, which speaks only as of the date made. EVI Industries does not undertake to, and specifically disclaims any obligation to, update or supplement any forward-looking statement, whether as a result of changes in circumstances, new information, subsequent events or otherwise, except as may be required by law.

EVI Industries, Inc.

Henry M. Nahmad

(305) 402-9300

Investor Relations

(305) 402-9300

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Consulting Machinery Professional Services Manufacturing

MEDIA:

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Houlihan Lokey Publishes Third Annual Sustainability Report

Houlihan Lokey Publishes Third Annual Sustainability Report

LOS ANGELES & NEW YORK–(BUSINESS WIRE)–
Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today the release of its third annual Sustainability Report. The report presents the firm’s policies, programs, and initiatives that advance its commitment to environmental, social, and governance (ESG) responsibilities.

“At Houlihan Lokey, our ESG efforts reflect our core values and continued success,” said Scott Beiser, CEO of Houlihan Lokey. “By remaining committed to talent development, diversity, equity and inclusion, community involvement, environmental stewardship, and good corporate governance, we are able to provide the quality of services our firm and clients have come to expect of us throughout our 50-year history.”

The 2023 Sustainability Report was developed through the contributions of various internal subject matter experts under the guidance and supervision of the board and executives. It addresses a range of ESG priorities and the programs and initiatives Houlihan Lokey develops and maintains to support them. Highlights of the report include:

  • Formation of a new Houlihan Lokey community group for veterans.

  • Emphasis on mental health awareness and employee well-being through a partnership with the National Alliance on Mental Illness (NAMI).

  • Addition of employee diversity statistics for its global and U.S.-based workforce.

  • Creation of the Sustainability Advisory Services platform to drive ESG and impact-oriented solutions.

Houlihan Lokey remains focused on furthering its progress in these areas and will continue to report on its ESG efforts.

To view the report in full, please visit the Houlihan Lokey Social Commitment page.

About Houlihan Lokey

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. The firm serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. Houlihan Lokey is the No. 1 investment bank for global M&A transactions under $1 billion, the No. 1 M&A advisor for the past eight consecutive years in the U.S., the No. 1 global restructuring advisor for the past nine consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by Refinitiv.

Investor Relations

212.331.8225

[email protected]

Media Relations

917.331.1580

[email protected]

KEYWORDS: California New York United States North America

INDUSTRY KEYWORDS: Environment Finance Consulting Banking Professional Services Sustainability DEI (Diversity, Equity and Inclusion) Environmental, Social and Governance (ESG) Asset Management

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OutKick Shows Launch on FOX Nation

OutKick Shows Launch on FOX Nation

“OutKick The Show with Clay Travis,” “Tomi Lahren Is Fearless” and “Gaines For Girls” to Drop Daily on FOX Nation

Additional OutKick Shows Will Debut in the Coming Months

NEW YORK–(BUSINESS WIRE)–
OutKick’s signature programs including OutKick The Show with Clay Travis, Tomi Lahren Is Fearless and Gaines For Girls officially launch on FOX Nation, FOX News Media’s subscription streaming service, with additional OutKick shows to debut in the coming months. New episodes will be available every night on FOX Nation throughout each week following their first airing on OutKick.com and on YouTube.com/@outkick.

In commenting on the announcement, OutKick founder Clay Travis said, “OutKick has seen rapid growth over the last two years and we are thrilled to begin streaming our authentic content with the loyal audience that FOX Nation has cultivated.”

OutKick The Show with Clay Travis offers Travis’ unfiltered opinion on the most compelling headlines in sports, culture, and politics. In addition, Tomi Lahren hosts the evening opinion show Tomi Lahren is Fearless featuring her signature bold takes and special guests interviews every Monday, Wednesday and Thursday at 7 PM/ET. The platform recently signed 12-time All-American swimmer Riley Gaines to host Gaines For Girls, a weekly show that focuses on protecting the hard-fought gains that women have achieved in athletics over the last several decades.

About OutKick

OutKick is one of the fastest growing national multimedia platforms that produces and distributes engaging content at the intersection of sports, sports culture, pop culture and news. OutKick’s industry recognized stable of reporters, hosts and contributors are accessible on http://OutKick.com as well as across video livestreams, social media, podcasts, and radio, reaching tens of millions of fans each month. Owned by FOX Corporation, OutKick was originally founded by Clay Travis. For more information, please visit www.OutKick.com.

About FOX Nation

FOX Nation is a direct-to-consumer on-demand streaming service, designed to complement the FOX News Channel experience, as a members-only destination for its most passionate and loyal viewers. Featuring thousands of hours of content, the OTT product includes daily short-form conservative opinion programming and lifestyle shows, as well as a history-oriented documentaries and investigative series, from a multitude of FOX News personalities, at a cost of $5.99 a month/$64.99 a year. FOX Nation is available on iOS and Android devices as well as Apple TV, Web, Amazon Fire TV, Google Chromecast, Roku, Xbox One, Comcast Xfinity platforms, Vizio SmartCast and Cox Contour platforms.

OutKick Press Contact:

Brian Karpas

212-301-9966

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: TV and Radio General Entertainment Entertainment Online

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Schlitterbahn New Braunfels Announces World’s First Water Coaster for Kids

Bow Wow Blaster water coaster will anchor all-new kids’ area in 2024

New Braunfels, Texas, July 31, 2023 (GLOBE NEWSWIRE) — NEW BRAUNFELS, TX – In 2024, Schlitterbahn New Braunfels 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.

“Schlitterbahn has always been known as a place where families come together to have fun, make memories and stay cool during the hot summer months,” said Darren Hill, vice president and general manager of Schlitterbahn Water Parks and Resorts. “We are known as a waterpark that introduces first-of-its-kind attractions, and with the addition of the world’s first water coaster for kids and Schatze’s Storybrook Park in 2024, the tradition of families making lifelong memories in New Braunfels will continue for many years to come.”



View Online Media Kit Here
:  Renderings | Park B-roll | Park Images

Schatze’s Storybrook Park

Schatze’s Storybrook Park will be located in the original section of the park. Named after Texas’s favorite short-legged pup and Schlitterbahn mascot, Schatze, the reimagined area transforms everyone’s favorite fairy tales into puppy-themed fairy “tails.”

The new kids’ area will be home to Bow Wow Blaster, the world’s first kids’ water coaster, a pint-sized take on Schlitterbahn’s famous Master Blaster. Kids 12 and under will enjoy all-new water slides, 70+ interactive water features and spray toys, splash pads, and a ginormous, 1,200-gallon tipping water bucket. Guests also will also enjoy new shaded areas that offer plenty of room to relax.

Storybrook Park is divided into three storybook themed lands: Fur-Bidden Forest, Schatze’s Paw’nd and Fairy Tail Trail. Sidewalks connect the three areas like a babbling brook—a “storybrook”— that cascades through an enchanted land. Everyone will giggle at Schatze’s wacky, watery take on classic storybooks, including Little Red Riding Hound, Houndsel and Petzel, Rapawnzel and the Three Little Pugs.

To celebrate the major announcement and upcoming season, Schlitterbahn New Braunfels is offering an unbeatable deal on 2024 Season Passes. Guests who buy next year’s pass also receive unlimited visits for the rest of 2023, along with unlimited visits for the entire 2024 season. All of this at the lowest price of the year of just $95.


About Schlitterbahn New Braunfels

Schlitterbahn New Braunfels Waterpark has been voted the #1 Waterpark in the World for 24 consecutive years. Located on the banks of the spring-fed Comal River in New Braunfels, Texas, Schlitterbahn has 51 attractions on over 70 acres. Schlitterbahn has a staggering variety of river rides, waterslides, and adventures from mild to wild. Any single section of Schlitterbahn is as large as most regional waterparks. Every section has a swim-up bar, children’s area, and a unique signature attraction.


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.

Attachment 



Chris Ozimek
Schlitterbahn New Braunfels
(830) 625-2351
[email protected]

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ParaZero Technologies Ltd. Announces Closing of $7.8 Million Initial Public Offering

KIRYAT ONO, ISRAEL, July 31, 2023 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (“ParaZero” or the “Company”) today announced the closing of its initial public offering of 1,950,000 ordinary shares at a price to the public of $4.00 per share. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, were $7.8 million.

In addition, ParaZero has granted Aegis Capital Corp. (“Aegis”) a 45-day option to purchase up to 292,500 additional ordinary shares at the initial price to the public, less underwriting discounts and commissions. If Aegis exercises the option in full, the aggregate proceeds of the base offering and over-allotment are expected to be approximately $9.0 million, before deducting underwriting discounts and commissions and offering expenses.

The net proceeds from the initial public offering are expected to be used for research and development of new technologies as well as existing products, marketing and sales efforts in new territories, to discharge certain indebtedness, for working capital and general corporate purposes and possible future acquisitions.

The ordinary shares began trading on The Nasdaq Capital Market on July 27, 2022, under the symbol “PRZO”.

Aegis Capital Corp. acted as the sole book-running manager for the Offering.

The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from Aegis Capital Corporation, 1345 Avenue of the Americas, 27th Floor, New York, NY 10105, by e-mail at [email protected]or by telephone at (212) 813-1010.

A registration statement on Form F-1 (No. 333-265178) relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. Copies of the registration statement, as amended, can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ParaZero

ParaZero Technologies Ltd. is an aerospace company that is focused on drone safety systems and engaged in the business of designing, developing, and providing what we believe are best-in-class autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems (“UAS”). ParaZero was founded by a group of aviation professionals, together with veteran drone operators, to address the drone industry’s safety challenges. ParaZero’s goal is to enable the drone industry to realize its greatest potential through increasing safety and mitigating operational risk. ParaZero’s unique, patented technology for drones, the SafeAir system, is designed to protect hardware, people, and payload in the event of an in-flight failure. The SafeAir system is a smart parachute system that monitors UAS flight in real time, identifies critical failures and autonomously triggers a parachute in the event of an emergency.

Forward Looking Statements:

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words, and include the expected gross proceeds from the initial public offering, the use of proceeds from the offering, the expected date for the Company’s ordinary shares to begin trading on the Nasdaq Capital Market and the expected closing date of the offering. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s preliminary prospectus (Registration No. 333-265178), filed with the SEC on July 24, 2023. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.

Contacts:

Boaz Shetzer, Chief Executive Officer

[email protected]



Posted on

Healthcare Delivery Organization Signs Contract for Knightscope Security Robot

Healthcare Delivery Organization Signs Contract for Knightscope Security Robot

Houston Energy Client Renews Contract for Second Year

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that a California based healthcare organization signed a new contract for its K5 Autonomous Security Robot (“ASR”) service at a San Francisco Bay Area hospital.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230731968932/en/

Healthcare Delivery Organization Signs Contract for Knightscope Security Robot (Photo: Business Wire)

Healthcare Delivery Organization Signs Contract for Knightscope Security Robot (Photo: Business Wire)

The client is a national leader in healthcare quality with more than 20 hospital locations and over 50,000 employees serving healthcare needs across urban, suburban and rural communities. Healthcare organizations across the US have partnered with Knightscope for many years to make advancements in various critical areas of physical security and in patient satisfaction. Knightscope is improving the patient experience in a variety of ways and it is aiding healthcare organizations in maintaining or increasing their HCAHPS scores as referenced in a recent blog highlighting the use of its technologies in hospitals and healthcare facilities.

Texas Client Renews Security Robot Contract

A Texas-based manufacturer of premium quality lubricants and associated products for the automotive, industrial and drilling markets renewed its K5 ASR contract for the second year. This family and minority owned business originally came to Knightscope after becoming dissatisfied with unreliable and expensive security guards. The K5 served this industrial plant and storage facility in the northeast corner of Houston well, protecting their property and deterring unwanted visitors and criminals.

Petrochemical plants pose unique challenges that include threats to the environment, neighboring populations, and site employees’ lives and health. An accidental or intentional incident at such a plant could cause the company to incur crippling costs, or worse, loss of life. Knightscope is delighted to continue as a trusted part of this important safety program.

Learn More

Knightscope’s leading-edge communications products and ASR services provide reliable technologies to help better protect the places people live, work, study and visit. To learn more about Knightscope’s Blue Light Emergency Communication Systems or Autonomous Security Robots, book a discovery call or demonstration now at www.knightscope.com/discover.

About Knightscope

Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

Forward-Looking Statements

This press release may contain “forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company’s profitability and growth. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts may adversely affect the Company’s internal programs and the Company’s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2022. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Corporate Communications:

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com

310.299.1717 Office

[email protected]

KEYWORDS: California Texas United States North America

INDUSTRY KEYWORDS: Technology Hospitals Security Chemicals/Plastics Other Technology Oil/Gas Manufacturing Energy Robotics Health

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Healthcare Delivery Organization Signs Contract for Knightscope Security Robot (Photo: Business Wire)