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Turn up the Heat! Native Grill & Wings Partners with Kickstand Cocktails for Annual Gridiron Classic

Football Favorites
and Kick
s
tand
Cocktails
Founder
Darren Rovell
and More
Get in the Game
f
or Fall

LOS ANGELES, Aug. 23, 2023 (GLOBE NEWSWIRE) —

Native Grill & Wings
, known for its signature wings and vibrant atmosphere, today announces its annual Gridiron Classic fall menu. This year, Native will raise the stakes by partnering with Kickstand Cocktails, the spice-forward vodka canned cocktail brand. The limited menu featuring Kickstand Cocktails flavors and giveaways is available now and will run through Dec. 17.

The Gridiron Classic’s limited-time menu items are sure to provide fans an authentic tailgating experience, regardless of their proximity to the field. Playing into classic football fare, Native will feature Steak Fingers –fried steak fingers, marinated and seasoned in a homestyle batter and tossed in a medium Buffalo sauce, then garnished with blue cheese crumbles and green onions – or tossed with Sweet Red Chile sauce garnished with green onions and sesame seeds. After a successful top-secret run for National Chicken Wing Day, Native’s Secret Weapon Wings, which feature traditional Buffalo sauce with a garlic pepper twist, will also make their official debut on the menu.

In partnership with Kickstand Cocktails, other limited-time specials from Native will include the Honey Hot Wings Kickstand Combo – ten traditional wings tossed in Honey Hot Sauce, served with seasoned fries and a Kickstand. Perfect for groups, the Football Kickstand Bundle will include a 14” Pepperoni Pizza, 15 traditional wings, Family-Sized Fries, and four Kickstands. Throughout the promo, Kickstand Cocktails will be available in two flavors – Roasted Jalapeño Cucumber and Charred Pineapple Poblano. Each canned cocktail is made with premium vodka and a touch of heat – unlocking a complex flavor profile with a spicy kick.

“We are thrilled to partner with Native Grill & Wings to bring some extra heat to this year’s football season,” said Darren Rovell, Founder and CEO of Kickstand Cocktails. “Native Wings & Grill is the perfect complement to our spicy canned cocktail lineup, and we can’t wait for fans to try our perfect pairings this season.”

Native will continue tradition by offering fans big wins with over 100 prizes, including the Kickstand Cocktails Grand Prize – two tickets to the Big Game, airfare and hotel, and a VIP Meet and Greet with Kickstand Cocktails founding partners, including Darren Rovell, J.J. Watt and more. Darren Rovell, Founder of Kickstand Cocktails and legendary sports analyst will also host a Kickstand Cocktails Tailgate at Native Grill & Wings Glendale on Sept. 17, which will include free Kickstand Cocktails samples, prizes and, of course, plenty of football.

“We couldn’t be more excited to partner with Kickstand Cocktails, who are big fans of our wings and brand,” said Gregg Nettleton, President and Chief Operating Officer of FAT Brands’ Casual Dining Division. “When we were introduced, we immediately recognized the synergies in our brands – sports fans and spice aficionados. We hope that our customers will join us this fall to dig in and enjoy our new menu – you never know who you may see at a nearby table!”

For more information or to find a Native Grill & Wings near you, visit www.nativegrillandwings.com.


About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 17 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com.


About Native Grill & Wings

Native Grill & Wings is a family-friendly, polished sports grill with 20 franchised locations throughout Arizona and Texas. Native, as the brand’s legion of fans call it, serves over 20 award-winning wing flavors that guests can order by the individual wing, as well as an extensive menu of pizza, burgers, sandwiches, salads and more. For more information, 
visit www.nativegrillandwings.com. 


About Kick


s


tand Cocktails

Kickstand Cocktails is the only canned cocktail solely dedicated to spice. Made with vodka, fruit juice and natural flavors, Kickstand Cocktails contain: 105 calories, no added sugar, 3g carbs and 5.5% ABV in four clean flavors: Roasted Jalapeno Cucumber (mild), Charred Pineapple Poblano (medium), Smashed Raspberry Serrano (medium) and Torched Peach Chipotle (hot). For more information visit www.kickstandcocktails.com and join the conversation on Twitter @drinkkickstand and Instagram @kickstandcocktails.

MEDIA CONTACTS:

Ali Lloyd, FAT Brands
[email protected]
435-760-6168

Elisa Baker, Kickstand Cocktails
[email protected]
386-503-7269



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CBC Gem Now Available on the Roku Platform in Canada

CBC Gem Now Available on the Roku Platform in Canada

Canadians can now stream their favourite CBC news and entertainment programming for free on the Roku platform

TORONTO–(BUSINESS WIRE)–
Today, Roku and CBC announced the national public broadcaster’s streaming service, CBC Gem, is now available on the Roku platform in Canada. CBC Gem is home to essential Canadian series and a curated selection of acclaimed, best-in-class content from around the world, as well as more than 800 documentaries, 500 hours of ad-free content for kids and tweens, and over 200 Canadian feature films. The addition of CBC Gem gives Roku users access to more than 6500 hours of live and on-demand programming for free on their Roku streaming player or Roku TV. Radio-Canada streaming service ICI TOU.TV has also launched on Roku devices in Canada.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230823034810/en/

Canadians can now stream their favourite CBC news and entertainment programming for free on the Roku platform. (Photo: Business Wire)

Canadians can now stream their favourite CBC news and entertainment programming for free on the Roku platform. (Photo: Business Wire)

“CBC Gem is an important addition to the library of fantastic Canadian content on the Roku platform,” said Mary-Anne Taylor, Head of Content Distribution, Canada at Roku. “Our Canadian customers have been asking for CBC Gem, and we are proud to now offer them access to the impressive programming lineup of home-grown and international programming.”

“As millions of consumers move to streaming and connected TV platforms, our partnership with Roku is key to ensuring that wider audiences in Canada are able to discover and enjoy CBC’s award-winning news and entertainment programming,” said Barbara Williams, Executive Vice President, CBC. “With the launch of CBC Gem on Roku, we will be able to serve even more people on Canada’s top connected TV platform, and we look forward to working with Roku to reach new audiences.”

Starting today, Roku users can stream all seasons of past CBC hit original series, including “Baroness von Sketch Show” (seasons 1-5); “Kim’s Convenience” (seasons 1-5); “Schitt’s Creek” (seasons 1-6); and “Workin’ Moms” (seasons 1-7), as well as previous seasons of current popular CBC original titles “The Great Canadian Baking Show,” “Heartland,” “Murdoch Mysteries,” “SkyMed,” and “Sort Of,” with new seasons to look forward to this fall.

In addition, users will have access to new original titles premiering this fall, including “Black Life: Untold Stories,” “BlackBerry,” and “Bones of Crows.” New episodes of the latest season of fan favourite “The Great British Baking Show” are now available weekly on CBC Gem, plus all past seasons.

Roku users can also access programming from one of Canada’s most trusted news sources, including a free 24/7 ad-supported streaming (FAST) channel and live streams of 14 local newscasts on CBC channels from across the country.

Availability

Roku users can add the free CBC Gem app to their home screen directly from the Channel Store on the Roku platform. Authenticated users can sign into CBC Gem on the Roku platform using their existing login credentials. For more information about Roku, please visit www.roku.com.

CBC Gem is available free as an app for iOS and Android devices, online at CBCGem.ca, and on TV screens via Roku, Apple TV, Google Chromecast, Amazon Fire TV, Android TV and Xbox. Additional platforms will be announced soon. Free 24/7 ad-supported streaming (FAST) channel CBC News Explore is also currently available on The Roku Channel app at channel 105 in Canada and the United States.

About CBC Gem

CBC Gem is Canada’s streaming service, offering more than 6500 hours of live and on-demand Canadian programming and a curated selection of acclaimed, best-in-class content from around the world, including more than 800 documentaries, 500 hours of ad-free content for kids and tweens, and a collection of over 200 Canadian feature films. CBC Gem is available free as an app for iOS and Android devices and online at CBCGem.ca, and on TV screens via Roku, Apple TV, Google Chromecast, Amazon Fire TV, Android TV and Xbox.

About CBC/Radio-Canada

CBC/Radio-Canada is Canada’s national public broadcaster. Through our mandate to inform, enlighten and entertain, we play a central role in strengthening Canadian culture. As Canada’s trusted news source, we offer a uniquely Canadian perspective on news, current affairs and world affairs. Our distinctively homegrown entertainment programming draws audiences from across the country. Deeply rooted in communities, CBC/Radio-Canada offers diverse content in English, French and eight Indigenous languages. We also deliver content in Spanish, Arabic, Chinese, Punjabi and Tagalog, as well as both official languages, through Radio Canada International (RCI). We are leading the transformation to meet the needs of Canadians in a digital world.

About Roku, Inc.

Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV™ models, Roku streaming players, and TV-related audio devices are available in various countries around the world through direct retail sales and/or licensing arrangements with TV OEM brands. Roku-branded TVs and Roku Smart Home products are sold exclusively in the United States. Roku also operates The Roku Channel, the home of free and premium entertainment with exclusive access to Roku Originals. The Roku Channel is available in the United States, Canada, Mexico, and the United Kingdom. Roku is headquartered in San Jose, Calif., U.S.A.

Roku is a registered trademark, and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks, and service marks of other companies appearing in this press release are the property of their respective holders.

Roku, Inc.

Eleni Tenuta

[email protected]

CBC PR

Tanya Koivusalo

[email protected]

KEYWORDS: United States North America Canada California

INDUSTRY KEYWORDS: Technology Entertainment Online Software General Entertainment TV and Radio Internet Film & Motion Pictures Consumer Electronics Licensing (Entertainment)

MEDIA:

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Canadians can now stream their favourite CBC news and entertainment programming for free on the Roku platform. (Photo: Business Wire)
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GRI Bio Enters into Asset Purchase Agreement with Aardvark Therapeutics, Inc. for the Sale of Legacy Asset, ADAIR

Aardvark to acquire global development and commercialization rights to ADAIR and all intellectual property outside of Europe
and licensor rights for the
EU

Aardvark to leverage ADAIR formulation technology for certain follow-on pipeline programs in
development

GRI to receive modest upfront payment and
potential to earn
development and commercial mil
e
stones up to
approximately
$
80
million

LA JOLLA, CA, Aug. 23, 2023 (GLOBE NEWSWIRE) —
GRI Bio, Inc. (NASDAQ: GRI) (“GRI Bio” or the “Company”), a biotechnology company advancing an innovative pipeline of Natural Killer T (“NKT”) cell modulators for the treatment of inflammatory, fibrotic and autoimmune diseases, today announced that the Company has entered into an asset purchase agreement pursuant to which Aardvark Therapeutics, Inc. (“Aardvark”) will acquire certain assets and intellectual property of the Company that pertain to ADAIR (Abuse Deterrent Amphetamine Immediate Release). Aardvark intends to utilize the ADAIR formation technology for the development of certain follow-on pipeline programs.

ADAIR, a legacy asset from the merger with Vallon Pharmaceuticals, Inc. (“Vallon”), is a proprietary abuse-deterrent formulation of immediate release dextroamphetamine for the treatment of attention deficit hyperactivity disorder (“ADHD”) designed to deter attempts to crush and snort it or take it by other non-oral routes that can produce a greater “high.”

Under the terms of the agreement, Aardvark will assume responsibility for and endeavor to develop and commercialize the purchased assets. Exclusive license rights to develop and commercialize ADAIR in Europe and the UK were previously licensed to Medice Arzneimittel Pütter GmbH, a leader in the European ADHD market. GRI Bio will receive a modest up-front payment and the potential to earn milestone payments for achievements in development and commercialization from Aardvark up to approximately $80 million.

“This agreement represents a great opportunity for GRI Bio as it allows us to optimize our non-strategic asset that we acquired through our merger with Vallon, while allowing us to maintain our focus on advancing our pipeline of novel assets in development for inflammatory and fibrotic diseases. We believe in the potential of ADAIR and are pleased to have it continue on in its development at Aardvark,” commented Marc Hertz, PhD, Chief Executive Officer of GRI Bio.

“There continues to be an unmet need for effective products that address the significant and growing problem of stimulant misuse and abuse. ADAIR has demonstrated abuse deterrent properties, but did not surmount the established threshold in its most recent clinical trial to support pursuing an FDA approval. However, we believe there is a real opportunity to utilize Aardvark’s proprietary ARD-101 technology with its established clinical safety profile to provide a new formulation to substantially boost the deterrent effect of ADAIR to ultimately gain regulatory approval,” added Tien Lee, M.D., Chief Executive Officer of Aardvark.

As the current lead programs utilizing ARD-101 as an orally administered therapeutic agent for Prader-Willi Syndrome will be continuing at Aardvark unabated, Aardvark is considering establishing a separate entity to continue development of ADAIR with ARD-101 to address the urgent need for effective products that will deter stimulant abuse.

About Aardvark Therapeutics, Inc.

Aardvark Therapeutics is a clinical stage biopharmaceutical company focused on developing novel small molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases, inflammation, and other indications. Founded in 2017, the company has now advanced ARD-101 to Phase II clinical trials. Aardvark has multiple other programs in its pipeline.

For more information visit www.aardvarktherapeutics.com.

About GRI Bio, Inc.

GRI Bio is a clinical-stage biopharmaceutical company focused on fundamentally changing the way inflammatory, fibrotic and autoimmune diseases are treated. GRI Bio’s therapies are designed to target the activity of NKT cells, which are key regulators earlier in the inflammatory cascade, to interrupt disease progression and restore the immune system to homeostasis. NKT cells are innate-like T cells that share properties of both NK and T cells and are a functional link between the innate and adaptive immune responses. Type I invariant NKT (“iNKT”) cells play a critical role in propagating the injury, inflammatory response, and fibrosis observed in inflammatory and fibrotic indications. GRI Bio’s lead program, GRI-0621, is an inhibitor of iNKT cell activity and is being developed as a novel oral therapeutic for the treatment of idiopathic pulmonary fibrosis, a serious disease with significant unmet need. The Company is also developing a pipeline of novel type 2 NKT agonists for the treatment of systemic lupus erythematosus. Additionally, with a library of over 500 proprietary compounds, GRI Bio has the ability to fuel a growing pipeline.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements 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. These forward-looking statements are based on the Company’s current beliefs and expectations. Forward-looking statements include, but are not limited to, statements regarding: the Company’s expectations with respect to development and commercialization of the Company’s or Aardvark’s product candidates, the initiation or completion of clinical trials, the potential benefits and impact of the Company’s or Aardvark’s product candidates, any estimate or implication as to potential market size or potential revenue, and any reference to potential milestone achievements or related contingent payments, which may or may not be achieved, paid or received in the future. Actual results may differ from the forward-looking statements expressed by the Company or Aardvark in this press release and consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including, without limitation: (1) the inability to maintain the listing of the Company’s common stock on Nasdaq; (2) changes in applicable laws or regulations; (3) the inability of the Company to raise financing in the future; (4) the success, cost and timing of the Company’s or Aardvark’s product development activities; (5) the inability of the Company or Aardvark to obtain and maintain regulatory clearance or approval for their respective products, and any related restrictions and limitations of any cleared or approved product; (6) the inability of the Company to identify, in-license or acquire additional technology; (7) the inability of the Company or Aardvark to compete with other companies currently marketing or engaged in the development of products and services that the Company or Aardvark are currently developing; (8) the size and growth potential of the markets for the Company’s or Aardvark’s products and services, and their respective ability to serve those markets, either alone or in partnership with others; (9) the failure to achieve any milestones or receive any milestone payments under the asset purchase agreement; (10) inaccuracy in the Company’s or Aardvark’s estimates regarding expenses, future revenue, capital requirements and needs for and the ability to obtain additional financing; (11) the Company’s or Aardvark’s ability to protect and enforce its intellectual property portfolio, including any newly issued patents; and (12) other risks and uncertainties indicated from time to time in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks and uncertainties described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC on February 24, 2023 and subsequently filed reports. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor
Contact:

JTC Team, LLC
Jenene Thomas
(833) 475-8247
[email protected]



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Cemtrex Announces Share Repurchase Program for Series 1 Preferred

Brooklyn, NY, Aug. 23, 2023 (GLOBE NEWSWIRE) — Cemtrex Announces Share Repurchase Program for Series 1 Preferred

Brooklyn, N.Y., August 23, 2023 — Cemtrex (Nasdaq: CETX, CETXP), an advanced security technology and industrial services company, announced today that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up 2,300,000 shares of its outstanding Series 1 Preferred Stock from time-to-time commencing September 1, 2023 and ending on August 31, 2026, subject to market conditions.

“Cemtrex’s Board of Directors and management team believe that the market currently undervalues our business,” commented Saagar Govil, CEO of Cemtrex. “The share repurchase program provides us with flexibility to repurchase the preferred stock over time if market conditions persist.”

Under the share repurchase program, the Company may periodically repurchase its preferred stock through open market transactions, privately negotiated transactions, block trades or any combination thereof in compliance with applicable securities laws and the Company’s insider trading policy. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume, and general market conditions, along with Cemtrex’s working capital requirements and general business conditions. The share repurchase program does not obligate the Company to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time. 

About Cemtrex

Cemtrex Inc. (CETX) is a company that owns two operating subsidiaries: Vicon Industries Inc and Advanced Industrial Services Inc.

Vicon Industries, a subsidiary of Cemtrex Inc., is a global leader in advanced security and surveillance technology to safeguard businesses, schools, municipalities, hospitals and cities. Since 1967, Vicon delivers mission-critical security surveillance systems, specializing in engineering complete security solutions that simplify deployment, operation and ongoing maintenance. Vicon provides security solutions for some of the largest municipalities and businesses in the U.S. and around the world, offering a wide range of cutting-edge and compliant security technologies, from AI-driven video analytics to fully integrated access control solutions. For more information visit www.vicon-security.com

AIS – Advanced Industrial Services, a subsidiary of Cemtrex, Inc., is a premier provider of industrial contracting services including millwrighting, rigging, piping, electrical, welding. AIS Installs high precision equipment in a wide variety of industrial markets including automotive, printing & graphics, industrial automation, packaging, and chemicals. AIS owns and operates a modern fleet of custom designed specialty equipment to assure safe and quick installation of your production equipment. Our talented staff participates in recurring instructional training, provided to ensure that the most current industry methods are being utilized to provide an efficient and safe working environment. For more information visit www.ais-york.com

For more information visit
www.cemtrex.com
.

Safe Harbor Statement

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.

For further information, please contact:



Investor Relations
Chris Tyson
Executive Vice President – MZ North America
Direct: 949-491-8235
[email protected]  
www.mzgroup.us

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onsemi Appoints Christina Lampe-Önnerud to the Board of Directors

onsemi Appoints Christina Lampe-Önnerud to the Board of Directors

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–
onsemi (Nasdaq: ON) today announced that Christina Lampe-Önnerud was appointed to its board of directors, effective September 1, 2023.

Lampe-Önnerud is a highly regarded founder and business leader, having served as chief executive officer of two separate companies, and is also considered an expert in the energy storage space. Among her unique global experience, she has been active in multiple domestic and international government delegations as an authority on energy technologies. As a two-time World Economic Forum (WEF) Technology Pioneer, who has served as co-chairman of the WEF Global Future Council on Energy, she continues to be engaged in multiple initiatives throughout the United States, Europe and Asia.

“Christina brings a wealth of experience as a pioneer and innovator in battery technologies designed to improve energy storage and power consumption,” said Alan Campbell, chair of onsemi’s board of directors. “Her work, values and passion are well-aligned with onsemi’s strategic priorities focused on delivering innovative technologies for the automotive and industrial end-markets that deliver a sustainable future, and we look forward to her invaluable contributions to the board.”

“onsemi’s ambition to deliver industry-leading power and sensing technologies that will transform our world’s energy usage is where I’ve dedicated my life’s work,” said Christina Lampe-Önnerud. “It is an exciting time to be joining the board to support the leadership team as they continue to execute on the strategy and drive long-term shareholder value and sustainable results.”

Lampe-Önnerud holds more than 80 patents on designs, products, devices, components, materials, and processes. She has over 25 technical publications in scientific journals focusing on science and thought leadership. She is also frequently tapped as an expert commentator in media interviews and regularly speaks at government and industry conferences on power and energy issues.

Lampe-Önnerud received both a Bachelor of Science degree in chemistry and calculus and a Ph.D. in inorganic chemistry from Uppsala University, Sweden. She completed her post-doctorate at Massachusetts Institute of Technology, where she serves on the Visiting Committee. In 2022, she was honored with the King’s Medal, one of Sweden’s most prestigious awards, for her work in producing safe, low-cost, high-performance lithium-ion batteries.

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner and smarter world. onsemi is recognized as a Fortune 500® company and included in the Nasdaq-100 Index® and S&P 500® index. Learn more about onsemi at www.onsemi.com.

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

Krystal Heaton

Director, Head of Public Relations

onsemi

(480) 242-6943

[email protected]

Parag Agarwal

Vice President – Investor Relations & Corporate Development

onsemi

(602) 244-3437

[email protected]

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Semiconductor Consumer Electronics Technology 5G Networks Hardware

MEDIA:

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Northern Trust Announces Dane Fannin will Spearhead its Global Foreign Exchange Business

Northern Trust Announces Dane Fannin will Spearhead its Global Foreign Exchange Business

Appointment expands Fannin’s leadership role as Global Head of Securities Finance

CHICAGO–(BUSINESS WIRE)–
Northern Trust (Nasdaq: NTRS) today announced Dane Fannin will lead its growing Global Foreign Exchange business, expanding his Securities Finance role.

As global head of Global Foreign Exchange (GFX) and Securities Finance, Fannin, who joined Northern Trust in 2006, will be responsible for the continued technology innovation and business growth across the suite of GFX and Securities Finance solutions. He reports to Guy Gibson, executive vice president and global head of Capital Markets, Banking & Treasury Services.

Gibson said: “We are excited to announce this expansion in Dane’s responsibilities which reflect his strong vision and leadership in the development of our integrated capabilities across our global Securities Finance business. Dane’s dual focus will support our clients as they increasingly look for holistic solutions across their FX and Securities Finance needs to meet their liquidity and portfolio optimisation objectives.”

Dane started his career with Northern Trust in London in 2006 within Securities Lending. He subsequently spent 12 years in Asia-Pacific holding a number of positions within Northern Trust’s Capital Markets business, including managing the APAC Securities Lending trading team in Hong Kong. Prior to assuming his role as global head of Securities Finance, Dane was head of Capital Markets Asia-Pacific.

Northern Trust’s Securities Finance offers a suite of integrated capabilities across Securities Lending & Borrowing, Financing & Liquidity and Collateral Solutions allowing clients to drive greater portfolio optimization.

GFX provides a range of liquidity, trading, transaction processing and outsourced FX solutions for institutional investors across Direct FX, eFX, Currency Management, CompleteFX® and Custody FX.

Securities Finance and GFX are part of Northern Trust Capital Markets which serves the evolving needs of institutional asset managers and asset owners around the globe through flexible, customized solutions across the investment lifecycle. It is a division of Northern Trust Asset Servicing.

About Northern Trust Capital Markets

Northern Trust Capital Markets is comprised of a number of Northern Trust entities that provide trading and execution services on behalf of institutional clients, including foreign exchange, institutional brokerage, securities finance and transition management services. Foreign exchange, securities finance and transition management services are provided by The Northern Trust Company (TNTC) globally, and Northern Trust Global Services SE (NTGS SE) in the European Economic Area (EEA). Institutional Brokerage services including ITS are provided by NTGS SE in the EEA, Northern Trust Securities LLP (NTS LLP) in the rest of EMEA, Northern Trust Securities Australia Pty Ltd (NTSA) in APAC and Northern Trust Securities, Inc. (NTSI) in the United States, member FINRA, SIPC and a subsidiary of Northern Trust Corporation.

For legal and regulatory information about our offices and legal entities, visitnortherntrust.com/disclosures.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 25 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2023, Northern Trust had assets under custody/administration of US$14.5 trillion, and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Twitter @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

Europe, Middle East, Africa & Asia-Pacific:

Camilla Greene

+44 (0) 20 7982 2176

[email protected]

Marcel Klebba

+44 (0) 20 7982 1994

[email protected]

US & Canada:

John O’Connell

+1 312 444 2388

John_O’[email protected]

KEYWORDS: Europe United States United Kingdom North America Illinois

INDUSTRY KEYWORDS: Finance Banking Professional Services Asset Management Insurance

MEDIA:

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Revvity to Present at Upcoming September Investor Conferences

Revvity to Present at Upcoming September Investor Conferences

WALTHAM, Mass.–(BUSINESS WIRE)–Revvity, Inc. (NYSE: RVTY) today announced it will present at the 2023 Wells Fargo Healthcare Conference, the Baird 2023 Global Healthcare Conference and the Bank of America European Healthcare Conference.

2023 Wells Fargo Healthcare Conference – Boston, MA

Wednesday, September 6, 2023

8:00 a.m. ET – Max Krakowiak, senior vice president and chief financial officer

Baird 2023 Global Healthcare Conference – New York City, NY

Tuesday, September 12, 2023

9:40 a.m. ET – Prahlad Singh, president and chief executive officer

Bank of America European Healthcare Conference – London, UK

Thursday, September 14, 2023

1:20 p.m. BST – Max Krakowiak, senior vice president and chief financial officer

Attendees will receive an update on the Company and its strategic priorities.

Details on viewing the live audio webcasts will be available on the Investor Relations Events section of the Company’s website. Replays of the presentations will be posted on the Revvity IR website after the events and will be available for at least 30 days.

About Revvity

At Revvity, “impossible” is inspiration, and “can’t be done” is a call to action. Revvity provides health science solutions, technologies, expertise and services that deliver complete workflows from discovery to development, and diagnosis to cure. Revvity is revolutionizing what’s possible in healthcare, with specialized focus areas in translational multi-omics technologies, biomarker identification, imaging, prediction, screening, detection and diagnosis, informatics and more.

With 2022 revenue of more than $3 billion and over 11,000 employees, Revvity serves customers across pharmaceutical and biotech, diagnostic labs, academia and governments. It is part of the S&P 500 index and has customers in more than 190 countries.

Stay updated by following our Newsroom, LinkedIn, X,YouTube, Facebook and Instagram.

Investor Relations:

Steve Willoughby

(781) 663-5677

[email protected]

Media Relations:

Chet Murray

(781) 663-5719

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Biotechnology General Health Medical Devices Health Pharmaceutical

MEDIA:

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Franklin Templeton Launches Franklin Long Duration Credit Fund

Franklin Templeton Launches Franklin Long Duration Credit Fund

SAN MATEO, Calif.–(BUSINESS WIRE)–
Franklin Templeton announced today the launch of Franklin Long Duration Credit Fund, which seeks to maximize risk-adjusted returns through a combination of income and capital appreciation. The Fund, which was established based on client interest, is designed to offer exposure to longer maturity investment grade fixed income securities and provides investors access to this type of strategy, which is more commonly offered in separately managed accounts or comingled trust vehicles.

The Fund is managed by Franklin Templeton Fixed Income portfolio managers Josh Lohmeier, CFA, Michael Cho, CFA and George Bailey, CFA. The investment team uses a proprietary portfolio construction approach seeking to produce an additional source of alpha alongside sector allocation and security selection and strives for a lower correlation to the benchmark through a custom sector framework and distinctive risk/return profile.

“Portfolio construction sets this strategy apart from peers and is a key driver of non-correlation,” said Lohmeier. “Our time-tested process strives to add value by creating a more efficient portfolio and allocating to the best credit ideas. Risk management is considered at all stages of the portfolio construction process, and portfolios are stress tested to ensure they are structurally designed to mitigate risks and deliver more favorable outcomes in adverse credit markets.”

Franklin Long Duration Credit Fund will invest at least 80 percent of its net assets in fixed income securities predominantly in US dollar-denominated, investment grade securities—although they may be issued by a foreign corporation, a US affiliate of a foreign corporation, a foreign government or its agencies and instrumentalities or a supranational organization. The Fund’s investments may include various types of bonds and debt securities, including corporate bonds, notes, US money market securities, municipal securities, US government and agency obligations, cash, private placements and restricted securities. The Fund may also enter into exchange-traded derivative transactions, consisting of investments in US Treasury future contracts, for hedging purposes and to manage duration or cash flows.

The Fund will seek to maintain a dollar-weighted average effective portfolio duration within one year (plus or minus) of the portfolio duration of the securities comprising the Fund’s benchmark, the Bloomberg US Long Credit Index. Under normal circumstances, the dollar-weighted average portfolio maturity of the Fund is expected to be more than 10 years.

Franklin Templeton Fixed Income has $137 billion in assets under management, with approximately $25 billion of that in corporate credit strategies, as of July 31, 2023. It’s Corporate Credit Research Team comprises 34 investment professionals globally, organized by region.

Firmwide, Franklin Templeton has over $508 billion in fixed income assets globally across its various specialist investment managers as of July 31, 2023.

About Franklin Templeton

Franklin Resources, Inc. [NYSE: BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,300 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.4 trillion in assets under management as of July 31, 2023. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.

What about risks?

All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Changes in the credit rating of a bond, or in the credit rating or financial strength of a bond’s issuer, insurer or guarantor, may affect the bond’s value. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Asset-backed, mortgage-backed or mortgage-related securities are subject to prepayment and extension risks. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus. Before investing, carefully consider a fund’s investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, or summary prospectus, if available, at www.franklintempleton.com. Please read it carefully.

Before investing, carefully consider a fund’s investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, or summary prospectus, if available, at www.franklintempleton.com. Please read it carefully.

Franklin Distributors, LLC. Member FINRA, SIPC.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.

TN23-52

Copyright © 2023. Franklin Templeton. All rights reserved.

Franklin Templeton Corporate Communications:

Rebecca Radosevich, (212) 632-3207, [email protected]

Katherine Fox, Prosek Partners, (646) 818-9010, [email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

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Expensify Announces Revenue Share Program for ExpensifyApproved! Accountant Partners and Their Clients

Expensify Announces Revenue Share Program for ExpensifyApproved! Accountant Partners and Their Clients

Accounting Partners who adopt and onboard clients to the Expensify Card can now receive 50 basis points in revenue share or additional cash back for clients.

PORTLAND, Ore.–(BUSINESS WIRE)–Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, has announced a new revenue share program for all its valued accounting partners beginning in September 2023. As part of the ExpensifyApproved! Accountants partnership program, all registered partners will now receive a remarkable 0.5% revenue share on every client’s Expensify Card purchases, in addition to the existing 1% to 2% cash back reward enjoyed by all Expensify cardholders.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230823991385/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

The introduction of the revenue share underscores Expensify’s unwavering dedication to fostering strong partnerships and rewarding accountants and bookkeepers for their continued collaboration. This initiative complements the comprehensive suite of benefits already available to ExpensifyApproved! Accounting partners, including complimentary accounts for staff, flexible month-to-month pricing for clients, and a dedicated partner manager ensuring tailored support.

“Expensify has always invested deeply with their accounting partners, from dedicated partner support to ExpensiCon,” says Floriana Allen, Senior Manager, Advisory Services at Wiss & Company. “The revenue share program takes this investment to a whole new level, allowing partners to share in the economics of Expensify’s business model while providing clients with the best tools for automating their spend needs,” continues Allen.

Starting in September, partners will begin to see the revenue share payments sent via Expensify’s Bill Pay feature. This efficient process ensures that partners can reap the benefits of their hard work and dedication without any paperwork. Partners can also choose to pass the 0.5% of spending back to their clients as additional cash back.

“We’re thrilled to announce this exciting enhancement to our ExpensifyApproved! Accountants program,” says David Barrett, founder and CEO of Expensify. “This revenue share initiative is a testament to our commitment to providing our partners with the tools and incentives they need to succeed. We believe that by sharing our success with partners and clients, we can collectively drive growth, efficiency, and prosperity.”

For more information about the ExpensifyApproved! Accountants program and the new 0.5% revenue share feature, partners are encouraged to reach out to their dedicated partner manager.

About Expensify

Expensify is a payments superapp that helps individuals and businesses around the world simplify the way they manage money. More than 12 million people use Expensify’s free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, travel booking, and chat in one app. All free. Whether you own a small business, manage a team, or close the books for your clients, Expensify makes it easy so you have more time to focus on what really matters.

Forward-Looking Statements

Certain statements made in this press release constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1955. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding Expensify’s expectations concerning its new revenue share program and the program’s anticipated benefits. These forward-looking statements are based on management’s current expectations. 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 the risks discussed in Expensify’s filings with the SEC, including Expensify’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.

T.J. Ferriss, [email protected]

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INDUSTRY KEYWORDS: Software Payments Banking Accounting Professional Services Technology Apps/Applications Fintech

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Modivcare Announces Barbara Gutierrez to Join as Chief Financial Officer

Modivcare Announces Barbara Gutierrez to Join as Chief Financial Officer

DENVER–(BUSINESS WIRE)–
Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced that Barbara Gutierrez has agreed to join Modivcare as its Chief Financial Officer (CFO) with an expected start date of September 18, 2023.

“I am delighted to announce the appointment of Barbara Gutierrez as our new Chief Financial Officer. Barb is an established finance leader within the healthcare industry, and I am confident that she will help Modivcare drive results as we advance our journey to becoming One Modivcare,” said L. Heath Sampson, Chief Executive Officer. “Barb’s financial leadership experience, coupled with her healthcare industry background, specifically focused on innovative, value-based care programs like the Program of All-Inclusive Care, otherwise known as PACE, align with our strategy and vision at Modivcare and she will be able to help us navigate the evolving industry landscape while driving our financial operations and results. I am thankful to our dedicated finance and accounting teams led by Ken Shepard and Rebecca Orcutt, who have managed and helped us navigate the significant transformation the Company has undergone over the last 12 months. Barb will help ensure our executive leadership team is driving results and executing on our strategic plan, while enhancing shareholder value and improving our supportive care services to provide the best experience for our 34 million members.”

Ms. Gutierrez said, “I am grateful to Heath and the Board for this opportunity, and I am looking forward to joining Modivcare and helping drive improved financial performance over the next several years. While creating avenues for workflow improvements, my aim is to create a cohesive environment and align our teams and processes to encourage transformations. I am committed to driving growth, improving efficiency, and profitability, while simultaneously supporting the delivery of the services and needs that make Modivcare unique. Coming from a senior healthcare services company, I am excited to continue my passion for innovative, value-based care arrangements focused on the social determinants of health, and I truly believe that Modivcare’s unique supportive care services will help drive improved health outcomes and lower costs for the healthcare industry.”

Ms. Gutierrez has more than three decades of experience in executive and financial leadership roles, and she has a deep background in the healthcare services industry. Prior to joining Modivcare, Barbara was Chief Financial Officer of InnovAge, the largest Program of All-Inclusive Care (PACE) provider in the country. Previously, she served as CFO and Chief People Services Officer for Hero DVO, LLC, a practice management group focused on delivering efficient, quality dental and vision care to children in underserved communities. Barbara also has served in senior leadership roles with Strad Energy Services, Jones Knowledge Group, PhyCor and HealthOne (HCA). Ms. Gutierrez has a special expertise with high-growth companies and has led transformational business initiatives and strategic acquisitions. She resides in Denver and is a member of the Board of Directors for LogicMark, Inc. (Nasdaq: LGMK) and chairs the Audit Committee. Ms. Gutierrez has served on several non-profit and advisory boards and currently serves on the advisory board for the University of Denver School of Accountancy. Barbara is a certified public accountant and chartered global management accountant, and holds a Bachelor’s Degree in Accounting from the University of Denver.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws. These statements are predictive in nature and are identified by the use of terms such as “may,” “will,” “expect,” “believe,” and similar words indicating possible future expectations, events or actions. The expected start date for Ms. Gutierrez is a forward-looking statement, as may be her stated commitment to drive growth, efficiency and profitability, among other statements in this release. Such forward-looking statements are based on current expectations, assumptions, estimates and projections about our business and our industry, and are not guarantees of our future performance. These statements are subject to a number of known and unknown risks, uncertainties and other factors that could impact future performance, many of which are beyond our ability to control or predict and may cause actual results to be materially different from those expressed or implied herein, including the risks facing our business that are identified in our annual report on Form 10-K and subsequent periodic and current reports most recently filed with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are expressly qualified in their entirety by the cautionary statements set forth herein and in our identified filings with the Securities and Exchange Commission, which you should read in their entirety before making an investment decision with respect to our securities. We undertake no obligation to update or revise any forward-looking statements contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable law.

About Modivcare

Modivcare Inc. (Nasdaq: MODV) is a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions for public and private payors and their members. Our value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes. We are a leading provider of non-emergency medical transportation (NEMT), personal care and remote patient monitoring. To learn more about Modivcare, please visit www.modivcare.com.

Media

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Investors

Kevin Ellich

Vice President, Head of Investor Relations

[email protected]

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: Health Health Technology Practice Management Health Insurance General Health Biotechnology

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