Nanox to Present at the Cantor Fitzgerald Global Healthcare Conference 2023 in September

NEVE ILAN, Israel, Sept. 13, 2023 (GLOBE NEWSWIRE) — NANO-X IMAGING LTD (NASDAQ: NNOX) (“Nanox” or the “Company”), an innovative medical imaging technology company, today announced its participation in the Cantor Fitzgerald Global Healthcare Conference 2023, which will be held on September 26-28, 2023 at the InterContinental Barclay Hotel in New York City.

Nanox’s Chief Executive Officer, Erez Meltzer, and Chief Financial Officer, Ran Daniel, will engage in a fireside chat and host investor 1×1 meetings. The fireside chat is scheduled on Tuesday, September 26, 2023 at 9:55 am Eastern Time and will be accessible via a live webcast, here. The webcast replay will be available after the conclusion of the live presentation on the Investor Relations section of the Company’s website.

About Nanox:

Nanox (NASDAQ: NNOX) is focused on applying its proprietary medical imaging technology and solutions to make diagnostic medicine more accessible and affordable across the globe. Nanox’s vision is to increase access, reduce costs and enhance the efficiency of routine medical imaging technology and processes, in order to improve early detection and treatment, which Nanox believes is key to helping people achieve better health outcomes, and, ultimately, to save lives. The Nanox ecosystem includes Nanox.ARC – a multi-source Digital Tomosynthesis system that is cost-effective, and user-friendly; an AI-based suite of algorithms that augment the readings of routine CT imaging to highlight early signs often related to chronic disease, (Nanox.AI); a cloud-based infrastructure (Nanox.CLOUD); and a proprietary decentralized marketplace, through Nanox’s subsidiary, USARAD Holdings Inc., that provides remote access to radiology and cardiology experts; and a comprehensive teleradiology services platform (Nanox.MARKETPLACE). Together, Nanox’s products and services create a worldwide, innovative, and comprehensive solution that connects medical imaging solutions, from scan to diagnosis. For more information, please visit www.nanox.vision.

Investors:

Mike Cavanaugh
ICR Westwicke
[email protected]

Media:

Rachael Roselli
ICR Westwicke
[email protected]

Source: NANO-X IMAGING LTD



Barclays Appoints Sterling Auty as Vice Chairman within Technology Investment Banking

Barclays Appoints Sterling Auty as Vice Chairman within Technology Investment Banking

Barclays appoints Sterling Auty as Vice Chairman focused on the Software sector in the Technology Investment Banking Group

NEW YORK–(BUSINESS WIRE)–
Barclays today announces the appointment of Sterling Auty as Vice Chairman focused on the Software sector in the Technology Investment Banking Group. Mr. Auty will be based in New York, and report to Kristin Roth DeClark, Global Head of Technology Investment Banking.

Mr. Auty joins Barclays from SVB Securities where he was a Senior Managing Director on the Technology Equity Research team, and Head of Software Equity Research responsible for the build-out of the software sell-side equity research franchise. Prior to joining SVB in 2022, Mr. Auty was at JP Morgan for 25 years as a Managing Director of Equity Research focused on the Software sector. Mr. Auty has earned the top ranking by Institutional Investor in the Small and Mid-Cap Software Analysts category, as well as runner-up in the Large-Cap Software Analysts category.

“Sterling’s extensive experience and insights as a top-ranked research analyst will be immensely valuable to our investment banking clients,” said Kristin Roth DeClark, Global Head of Technology Investment Banking. “This appointment is further evidence of the firm’s commitment to investing and recruiting in order to ensure the success and continued strengthening of our Technology Investment Banking franchise.”

Technology is an increasingly significant sector for Barclays’ Corporate and Investment Bank, which currently ranks third in both Global M&A for Technology Software and Americas Equity for Software. Mr. Auty’s appointment is the latest in an extensive number of important strategic hires for Barclays, and further illustrates the firm’s priority of expanding coverage capabilities in Technology and Software-specific Banking.

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. For further information about Barclays, please visit our website home.barclays.

About Barclays Corporate and Investment Bank

Barclays Corporate and Investment Bank is comprised of the Investment Banking, International Corporate Banking, Global Markets and Research businesses. It provides money managers, financial institutions, governments, supranational organisations and corporate clients with services and advice for their funding, financing, strategic and risk management needs. For further information about Barclays Corporate and Investment Bank, please visit our website www.cib.barclays.

Press:

Andrew Smith

212-412-7521

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Technology Finance Software Fintech Banking

MEDIA:

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Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses

Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–
Intuit (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks, TurboTax, Credit Karma, and Mailchimp, today unveiled QuickBooks Money, a new all-in-one payments and banking solution with no monthly fees or minimum balance requirements that gives small businesses complete control of their money from anywhere. QuickBooks Money builds on QuickBooks’ earlier fintech innovation to deliver the platform’s powerful payments and money management capabilities to small businesses in a streamlined mobile and web-enabled experience without a subscription.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913571479/en/

QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses (Graphic: Business Wire)

QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses (Graphic: Business Wire)

QuickBooks Money brings Intuit’s expertise in financial services to an even wider audience of small business owners who may not initially need the QuickBooks platform’s full range of financial management and accounting capabilities but are still seeking one simple tool to get paid and manage their money end-to-end. As these businesses grow and require additional tools to help manage their business, they’ll have a seamless path to access the full range of solutions the QuickBooks platform offers such as accounting, payroll, workforce management, and more.

“QuickBooks Money represents an incredible opportunity to expand the reach of our fintech platform and give more small businesses access to powerful cash flow management tools,” said David Talach, senior vice president of the QuickBooks Money Platform at Intuit. “We believe this is a true front door to the future of small business success.”

Small businesses can open a QuickBooks Money account* in just a few minutes and access it via mobile app or web. It has no monthly fees or minimum balance requirements,and empowers business owners with the ability to:

  • Send a personalized invoice or quick payment request and let customers choose a payment method that’s convenient for them—credit or debit, ACH bank transfer, Apple Pay®, Google Pay, PayPal, or Venmo*.

  • Have eligible payments land in your bank account the same day—nights, weekends, and holidays—so you can access cash fast at no additional cost. Businesses can also use the free QuickBooks Visa® business debit card, which enables access to over 19,000 Allpoint ATMs nationwide.**

  • Use envelopes in QuickBooks Money to save for expenses and earn 1.75% APY** on envelope balances, 25X the national average rate1.

  • Know their money is covered with FDIC insurance of up to $5,000,000*. QuickBooks Money works with partners to offer this enhanced FDIC insurance limit via a deposit sweep feature which works seamlessly in the background to automatically sweep balances above $250,000 to a network of FDIC insured banks.

  • Easily track business income and expenses in one place to have a full view of how their business is doing and to make smart financial decisions.

QuickBooks Money currently combines two industry-leading financial services – QuickBooks Checking and QuickBooks Payments. QuickBooks Checking delivers a business banking hub through a purpose-built bank account provided by our partner Green Dot Bank. Processing more than $125 billion in volume annually, QuickBooks Payments allows small businesses to manage all of their payments in one place.

Initially introduced as Money by QuickBooks, a free mobile app which launched on iOS and Android in 2021, QuickBooks Money is the new expanded offering that includes a web experience, additional invoicing and banking capabilities, and has been tailored to meet the needs of small businesses based on insights from thousands of Money by QuickBooks customers. Future planned enhancements to QuickBooks Money include subscription-free access to other QuickBooks small business solutions such as bill pay, in-person payments, and lending. QuickBooks Money customers can also seamlessly upgrade to QuickBooks’ ecosystem of subscription-based services such as accounting, payroll, and more at any time.

For more information on QuickBooks Money, please visit here.

About Intuit

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With 100 million customers worldwide using TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.

QuickBooks and Intuit are a technology company, not a bank. Banking services provided by our partner, Green Dot Bank, Member FDIC.

*Product Information:

Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.

QuickBooks Money: QuickBooks Money is a standalone Intuit offering that includes QuickBooks Payments and QuickBooks Checking. Intuit accounts are subject to eligibility criteria, credit, and application approval. Banking services provided by and QuickBooks Visa Debit Card are issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. QuickBooks Checking Deposit Account Agreement applies. Banking services and debit card opening are subject to identity verification and approval by Green Dot Bank. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services. No subscription cost or monthly fees. Other fees and limits, including transaction-based fees, apply.

FDIC Insurance: QuickBooks Money (or “QB checking” depending on brand) account balances are FDIC-insured up to the allowable limits through Green Dot Bank, Member FDIC. Coverage limit is subject to aggregation of all of Cardholder’s funds held on deposit at Green Dot Bank. Green Dot Bank also operates under the following registered trade names: GO2bank, GoBank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage up to the allowable limits. Additionally, with Green Dot Bank’s Deposit Sweep Program you are provided up to $5 million in FDIC insurance coverage on your account balances.

Deposit Sweep Program: Account balances above $250,000 will be automatically swept from Green Dot Bank and equally spread across our participating financial institutions, providing you with up to $5 million in FDIC insurance coverage. Customers are responsible for monitoring their total assets at each institution. Learn more and see a list of participating institutions here.

Apple Pay: Apple Pay is a registered trademark of Apple Inc.

Google Pay: Google Pay is a trademark of Google LLC.

PayPal and Venmo: Not currently available on invoicing through QuickBooks Online Advanced subscription.

**Features

No minimum balances or monthly fees: There are no minimum balance requirements to open or maintain this account or obtain the listed APY. Other fees and limits apply. See Deposit Account Agreement for details.

Same Day Deposit: Same Day Deposit allows you to have near-real time deposits sent to you on a predetermined daily schedule (up to 3x a day, Monday through Sunday, including holidays). Subject to eligibility criteria, eligible deposits will be available in up to 30 minutes. Payment request fees apply for ACH and card transactions. Transactions between 2:15-3:00 pm PST are excluded and transactions after 9:00 pm PST will be available for deposit the following morning. Deposit times may vary for third party delays.

Fee-free ATM withdrawals: Fee-free ATM access applies to in-network AllPoint ATMs only (up to 4 withdrawals per statement cycle). For out-of-network ATMs and bank tellers, a $3 fee will apply, plus any additional fees charged by the ATM owner or bank. See app for fee-free ATM locations.

Annual percentage yield: Annual percentage yield: The annual percentage yield (“APY”) is accurate as of July 31, 2023, and may change at our discretion at any time. The listed APY will be paid on the average daily available balances distributed across your created envelopes within your primary QuickBooks Checking account. Balances held outside an envelope will not earn interest. See Deposit Account Agreement for terms and conditions.

Envelopes: You can create up to 9 Envelopes within your primary QuickBooks Checking account. Money in Envelopes must be moved to the available balance in your primary QuickBooks Checking account before it can be used. Envelopes within your primary QuickBooks Checking account will automatically earn interest once created. At the close of each statement cycle, the interest earned on funds in your Envelopes will be credited to each Envelope in proportion to the average daily balance of each Envelope. See Deposit Account Agreement for terms and conditions.

# Claims

1 25x U.S. average APY. Average interest rate: The average interest rate is based on the Federal Deposit Insurance Corporation’s national rate published the week of July 17, 2023. Learn more.

Terms, conditions, pricing, special features, and service and support options subject to change without notice.

This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.

Intuit QuickBooks:

Dan Mahoney

[email protected]

Jen Garcia

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Professional Services Data Management Technology Finance Small Business Fintech Banking Business Apps/Applications Accounting Professional Services Other Technology Payments Software Mobile/Wireless

MEDIA:

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QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses (Graphic: Business Wire)

TPG to Invest $336 Million in Denodo to Accelerate Growth of the Data Management Leader

TPG to Invest $336 Million in Denodo to Accelerate Growth of the Data Management Leader

Investment Validates Denodo’s Unique and Disruptive Logical Approach to Data Management

PALO ALTO, Calif. & SAN FRANCISCO–(BUSINESS WIRE)–Denodo (the “Company”), a leader in data management, and TPG (NASDAQ: TPG), a global alternative asset management firm, today announced that they have signed a definitive agreement for TPG Growth, the firm’s middle market and growth equity platform, to invest $336 million in Denodo’s Series B preferred equity. The transaction, which includes both primary capital and a secondary sale of shares by HGGC, is expected to close in early October following customary regulatory approvals. HGGC, which invested in Denodo’s Series A investment round in 2017, will remain a significant investor.

“As the rapid growth in the volume, variety, and velocity of data continues, Denodo has established itself as a global leader in data management,” said Mike Zappert, Partner at TPG. “Denodo’s unique data virtualization software, which allows enterprises to create unified views of disparate data sources that can be queried easily without moving them, has powered impressive, profitable growth. With a market leading Net Promoter Score of over 50, the company has built a notable roster of marquee, global customers including TPG, and we see a tremendous opportunity to accelerate Denodo’s expansion going forward. We are excited to partner with Angel and his management team on the next phase of their journey.”

The addition of TPG, and its broad set of capabilities, is an important next step in Denodo’s growth trajectory. To learn more about this new partnership, click here.

“We are excited to welcome TPG as an investor in Denodo, as their deep experience investing in innovative, high-growth companies with disruptive technologies is a perfect fit for our company,” said Angel Viña, CEO and Founder of Denodo. “This funding is a testament to Denodo’s leadership in the data management market and our further growth potential using the logical-first approach, powered by data virtualization. We look forward to leveraging TPG’s deep experience to continue the rapid expansion of our global market share. We are equally thrilled that HGGC will remain an important investor in Denodo and are thankful for their lasting partnership and ongoing commitment.”

Denodo has grown into a global leader in data management since HGGC’s investment in the company in 2017, with industry-leading customers across the world.

“Over the last six years, we have observed Denodo’s tremendous growth in both its product leadership and market share,” said Steven Leistner, Partner and Co-chief Investment Officer of HGGC and a Denodo Board Member. “Today, with an even more advanced platform, a roster of large global customers, and the strength of the executive team, we see increased future potential for Denodo and look forward to continuing to help them lead the logical data management movement.”

J.P. Morgan acted as sole placement agent for the transaction.

The Denodo Platform includes advanced functionality to unify and democratize the use of data that resides in any IT corporate system. Underpinned by a disruptive logical vs traditional approach to data management, the platform provides a common data layer for the intelligent management of the data traffic that flows from all data sources to the business users and software applications in an organization, helping customers to become more competitive through higher levels of data utilization and compliance, and achieve a radical impact in operational efficiencies.

Tweet this: News: @TPG to invest $336 million in @Denodo in series B investment round, joining early investor @HGGC_LLC, to accelerate company growth in logical #datamanagement, powered by #datavirtualization

About Denodo

Denodo is a leader in data management. The award-winning Denodo Platform is the leading data integration, management, and delivery platform using a logical approach to enable self-service BI, data science, hybrid/multi-cloud data integration, and enterprise data services. Realizing more than 400% ROI and millions of dollars in benefits, Denodo’s large enterprise and mid-market customers across 30+ industries have received payback in less than 6 months. For more information, visit www.denodo.com.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $139 billion of assets under management and investment and operational teams around the world. TPG invests across five multi-strategy platforms: Capital, Growth, Impact, Real Estate, and Market Solutions and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.

Denodo

Chris McCoin or Richard Smith

McCoin & Smith Communications Inc.

508-429-5988 (Chris) or 978-618-4492 (Rick)

[email protected] or [email protected]

TPG

Ari Cohen and Julia Sottosanti

415-743-1550

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Internet Finance Asset Management Consulting Data Management Professional Services Technology

MEDIA:

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Amprius Technologies Forms Industry Advisory Council

Amprius Technologies Forms Industry Advisory Council

Transportation and Power Generation Veteran Tony Satterthwaite Named Council’s First Member

FREMONT, Calif.–(BUSINESS WIRE)–Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the formation of its new Industry Advisory Council (the “Council”). The Council is intended to provide the Company with key, multi-industry expertise including advising senior management through the Company’s next growth phase. Current independent director Mary Gustanski has been appointed Chair of the Council, and transportation industry veteran Tony Satterthwaite has been named the Council’s first outside member.

The Council will be an important resource to the Company as it expands its presence in aviation and various vehicular transportation end markets. Ms. Gustanski and Mr. Satterthwaite, along with future Council members, will regularly meet with Amprius management to share perspectives and provide input on the Company’s strategic plans and execution.

Mr. Satterthwaite brings over 30 years of experience in the transportation and power generation industries. Through his role on the Council, Mr. Satterthwaite will be focused on the Company’s product and customer development across transportation end markets. He is currently the Senior Vice President at Cummins, Inc., a global power solutions provider, where he is responsible for solving large enterprise challenges and aligning business units across digital products and services.

“Forming this Advisory Council represents another important step towards Amprius’ future as we look to become a renewable energy provider for multiple end markets,” said Amprius Chairman of the Board Don Dixon. “As we expand our capabilities and increase our product portfolio to address new applications, it is vital that we leverage the expertise of this new group to support our strategic planning efforts. Mary and Tony bring a deep knowledge of building brands and serving end customer needs across the, power generation, EV, and broader transportation sector, making them the ideal initial members on our Council. We look forward to benefitting from their insights as Amprius continues its journey to revolutionize the electric mobility industry.”

“As new entrants proliferate the energy transition ecosystem, it is becoming increasingly important to have strategic relationships to develop a differentiated go-to-market approach even for superior technology providers,” said Mr. Satterthwaite. “Amprius’ industry leading technology is going to be highly relevant in several end markets, and I believe I can leverage my experience to aid the acceleration of its growth in the United States and abroad. I look forward to working with the senior leadership team to build key relationships and deploy strategies to execute on their expanding mission.”

The Company will look to bring on additional industry leaders in the aviation and automotive sectors and plans to announce future appointments in the coming months.

For additional information, please visit the Company’s investor relations website at ir.amprius.com.

About Amprius Technologies, Inc.

Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries producing the industry’s highest known energy density cells. The Company’s commercially available batteries deliver up to 450 Wh/kg and 1,150 Wh/L. The Company’s corporate headquarters is in Fremont, California where it maintains an R&D lab and a pilot manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius recently entered into a lease agreement for an approximately 774,000 square foot facility in Brighton, Colorado. For additional information, please visit amprius.com. Also, see the company’s LinkedIn and Twitter pages.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the performance and potential application of Amprius’ batteries, the estimated size of the UAS market and the potential implications of Amprius’ batteries for the UAS market and the entire battery industry. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Amprius’ management and are not predictions of actual performance. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties. These forward-looking statements are subject to a number of risks and uncertainties, including Amprius’ liquidity position; risks related to the rollout of Amprius’ business and the timing of expected business milestones; Amprius’ ability to commercially produce high performing batteries; the effects of competition on Amprius’ business; supply shortages in the materials necessary for the production of Amprius’ products; and changes in domestic and foreign business, market, financial, political and legal conditions. For more information on these risks and uncertainties that may impact the operations and projections discussed herein can be found in the documents we filed from time to time with the Securities and Exchange Commission (the “SEC”), all of which are available on the SEC’s website at www.sec.gov. There may be additional risks that Amprius does not presently know or that Amprius currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Amprius’ expectations, plans or forecasts of future events and views as of the date of this press release. These forward-looking statements should not be relied upon as representing Amprius’ assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Except as required by law, Amprius specifically disclaims any obligation to update any forward-looking statements.

Investors

Tom Colton, Chris Adusei-Poku

Gateway Group, Inc.

949-574-3860

[email protected]

Media

Zach Kadletz, Brenlyn Motlagh

Gateway Group, Inc.

949-574-3860

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Other Transport Alternative Vehicles/Fuels EV/Electric Vehicles Automotive Air Other Energy Transport Alternative Energy Energy

MEDIA:

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CORRECTING and REPLACING Jefferies Financial Group Inc. to Host Annual Investor Meeting

CORRECTING and REPLACING Jefferies Financial Group Inc. to Host Annual Investor Meeting

NEW YORK–(BUSINESS WIRE)–
First paragraph, first sentence of release dated August 24, 2023 should read: Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) will host its annual Investor Meeting on Monday, October 16, 2023, at 9:00 a.m. in Manhattan.

The updated release reads:

JEFFERIES FINANCIAL GROUP INC. TO HOST ANNUAL INVESTOR MEETING

Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) will host its annual Investor Meeting on Monday, October 16, 2023, at 9:00 a.m. in Manhattan. The meeting will include management presentations regarding Jefferies’ major businesses, as well as an opportunity to present questions to management. Registration details to be announced.

About Jefferies Financial Group Inc.

Jefferies is a leading, global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

Laura Ulbrandt

SVP, Corporate Secretary

Jefferies Financial Group Inc.

[email protected]

or

Jonathan Freedman

Head of Marketing and Communications

Jefferies Financial Group Inc.

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Charles River Associates (CRA) to Present at Sidoti Small-Cap Virtual Conference

Charles River Associates (CRA) to Present at Sidoti Small-Cap Virtual Conference

BOSTON–(BUSINESS WIRE)–Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that the Company will participate in the Sidoti Small-Cap Virtual Conference. CRA Chairman and Chief Executive Officer Paul Maleh is scheduled to present at 10:00 a.m. ET on Wednesday, September 20, 2023. A live webcast will be available on the Company’s investor relations website. A replay will be available approximately one hour after the event.

Additionally, Mr. Maleh, Chief Financial Officer Daniel Mahoney, and Chief Corporate Development Officer Chad Holmes will be available for virtual one-on-one meetings with investors on September 20 and 21.

About Charles River Associates (CRA)

Charles River Associates® is a leading global consulting firm specializing in economic, financial, and management consulting services. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout the world. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at www.crai.com. Follow us on LinkedIn, Twitter, and Facebook.

Daniel Mahoney

Chief Financial Officer

Charles River Associates

617-425-3505

Nicholas Manganaro

Sharon Merrill Associates, Inc.

[email protected]

617-542-5300

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Consulting Legal Professional Services Business

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Ocugen Announces Positive Clinical Study Update from the Phase 1/2 Trial of OCU400, a Modifier Gene Therapy Product Candidate, for the Treatment of Retinitis Pigmentosa (RP) and Leber Congenital Amaurosis (LCA)

  • Favorable
    safety
    and
    tolerability
    profile
    of
    OCU400
    investigational
    drug
    product
    in RP and LCA subjects to date
  • Clinical study update suggests continued positive trends in Best-Corrected Visual Acuity (BCVA) and Multi-Luminance Mobility Testing (MLMT), as well as positive trends in Low-Luminance Visual Acuity (LLVA) among treated eyes
  • 83% (10/12) of subjects demonstrated stabilization or improvement in treated eye either on BCVA or LLVA or MLMT scores from baseline
  • Notably, 86% (6/7) of RHO mutation subjects experienced either stabilization of or increase in MLMT scores from baseline including a subset of 29% (2/7) that demonstrated a 3 Lux luminancelevel improvement

MALVERN, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines, today announced a clinical study update for Retinitis Pigmentosa (RP) participants treated in the Phase 1/2 trial to assess the safety and efficacy of OCU400 for RP associated with NR2E3 and Rhodopsin (RHO) mutations and Leber congenital amaurosis (LCA) with mutation(s) in the CEP290 gene. This clinical study update is an extension of results provided by Ocugen on April 14, 2023, and includes additional subjects from the high dose group. The Company believes that OCU400—Ocugen’s therapeutic approach, utilizing a proprietary modifier gene therapy platform—has the potential to be a gene-agnostic therapeutic for RP and LCA patients with inherited retinal degeneration.

“This clinical study update supports our vision to help change the lives of patients suffering from inherited retinal diseases,” said Dr. Shankar Musunuri, Chairman, Chief Executive Officer, and Co-Founder of Ocugen. “We remain dedicated to our mission of pioneering breakthroughs in biotechnology and believe that OCU400 has the potential to have an impact on the future treatment of patients with RP and LCA.” 

This Phase 1/2 trial is a multicenter, open-label, dose ranging study. A total of 18 subjects with vision impairment due to RP associated with RHO and NR2E3 gene mutations received a unilateral subretinal injection of either a low dose (1.66 x 1010 vg/mL), medium dose (3.33 x 1010 vg/mL), or high dose (1.66 x 1011 vg/mL) of OCU400. The study profile included a diverse group of subjects aged 18-77 years old, with varied disease stages, racial and ethnic profiles, medical histories, and mutation subgroups. Ocugen further expanded this Phase1/2 trial to enroll LCA patients with CEP290 gene mutation and pediatric patients with NR2E3, RHO and CEP290 mutations.

Inherited retinal diseases (IRDs) such as RP and LCA encompass a group of genetic disorders that affect the retina, the light-sensitive tissue at the back of the eye. These diseases often lead to a gradual loss of vision over time and can ultimately result in blindness. Stabilization of vision is crucial for patients with IRDs due to the progressive and degenerative nature of these conditions.

Preserving remaining vision, slowing disease progression, or improving the vision can significantly impact patients’ quality of life. It not only enhances the quality of life for affected individuals but also provides hope for future treatments that may ultimately lead to vision restoration. Comprehensive care, early diagnosis, and access to emerging therapies are essential components of a strategy to stabilize vision in IRD patients.

“I am gratified to see the progress we have made in our pursuit of developing a novel gene-agnostic therapy for RP and LCA. Our team’s unwavering dedication to advancing modifier gene therapy research demonstrated positive preliminary clinical results that offer renewed hope to patients and their families. We remain resolute in our mission and vision to bring a bright future to those with inherited or age-related retinal diseases through courageous innovation and unwavering determination,” said Dr. Arun Upadhyay, Chief Scientific Officer, Head of Research, Development and Medical at Ocugen.

This clinical study update is based on the currently available data from Phase 1 (dose-escalation: Cohort 1, 2 and 3) and the Phase 2 (open enrollment) portion of the study. The exploratory efficacy update includes data for 12 subjects who have completed a minimum of 6-month follow up. The data set comprised of 2 subjects [Cohort 1] with 12-month follow-up, 5 subjects [N=2 from Cohort 1 and N=3 from Cohort 2] with 9-month follow-up, and 5 subjects [N=2 from Cohort 3 and N=3 from Open Enrollment/Phase 2] with 6-month follow-up.

“It is an important steppingstone for Ocugen and its mission to help the nearly 1.6 million patients affected by RP and LCA worldwide. For those suffering from these IRDs, this clinical trial update provides hope. It is encouraging to see a favorable safety and tolerability profile and positive efficacy readout for OCU400 in RP patients,” said Dr. Lejla Vajzovic, Associate Professor of Ophthalmology with Tenure, Director of Duke Vitreoretinal Fellowship Program at Duke Eye Center and Duke University School of Medicine and leader in gene-therapy research.

Key efficacy outcomes from 12 subjects demonstrated:
BCVA:

  • 83% (10/12) of subjects demonstrated stabilization or improvements in treated eyes in BCVA scores from baseline
  • 42% (5/12) of OCU400 treated eyes experienced 4-letter improvement and 33% (4/12) treated eyes experienced 7-letter improvement in BCVA from baseline
  • 57% (4/7) of RHO subjects’ treated eyes experienced 4-letter improvement and 43% (3/7) treated eyes experienced 7-letter improvement in BCVA scores from baseline

LLVA:

  • 83% (10/12) of subjects demonstrated stabilization or improvement in treated eyes in LLVA scores from baseline
  • 42% (5/12) of OCU400 treated eyes experienced 5-letter improvement (1 line) in LLVA from baseline, with 25% (3/7) increasing by 10 letters (2 lines)
  • 43% (3/7) of RHO subjects experienced 5-letter improvement (1 line) in treated eyes in LLVA scores from baseline, among which 29% (2/7) increased by 10 letters (2 lines)

MLMT:

  • 75% (9/12) of subjects demonstrated stabilization or improvement in treated eyes in MLMT scores from baseline
  • 33% (4/12) of subjects in the low, medium, and high dose cohorts experienced at least 1 Lux luminance level improvement from baseline in treated eyes, among which 17% (2/12) increased by 3 Lux luminance levels
  • 86% (6/7) of RHO subjects experienced either stabilization or increases in MLMT scores from baseline, among which 29% (2/7) improved by 3 lux levels

“The RHO mutation affects more than 10,000 people in the US,” said Dr. David Birch, Scientific Director, Retina Foundation of the Southwest and Principal investigator of the study. “In my view, the clinical study update supports the gene-agnostic mechanism of action of OCU400 in RHO patients. The improvements in BCVA, LLVA and MLMT in this patient population are very exciting and encouraging because stabilization alone could be considered as a treatment benefit.”

The clinical study update from the Phase 1/2 clinical trial demonstrated that OCU400 continued to be generally safe and well-tolerated in subjects across different mutations and dose levels. There were no serious adverse events (SAEs) related to the investigational product in the low and medium-dose cohorts. In the high-dose and open-enrollment cohorts, SAEs were reported for two subjects. Adverse events were mostly deemed related to the surgical procedure and resolved within a few days to weeks.

“The clinical study update released by Ocugen appears to have a tangible biological impact on Retinitis Pigmentosa associated with NR2E3 and RHO mutations,” said Dr. David Boyer, Clinical Professor of Ophthalmology USC/Keck School of Medicine Los Angeles, CA and Partner, Retina Vitreous Associates Medical Group. “These findings may indicate a huge step forward in the way we approach and treat this condition. We remain optimistic and eager to continue the trial and understand the full potential of OCU400.”

Ocugen will continue to monitor long-term safety and efficacy data from the treated patients and provide additional updates.

A webcast and conference call will take place today at 8:30 a.m. ET:

Dial-in Numbers: (800) 715-9871 for U.S. callers and (646) 307-1963 for international callers
Conference ID: 7803227

Webcast: Available on the events section of the Ocugen investorsite

About
Modifier
Gene
Therapy

Modifier gene therapy is designed to fulfill unmet medical needs related to retinal diseases, including IRDs, such as RP, LCA, and Stargardt disease, as well as dry AMD. Our modifier gene therapy platform is based on the use of Nuclear hormone receptors (NHRs), master gene regulators, which have the potential to restore homeostasis — the basic biological processes in the retina. Unlike single-gene replacement therapies, which only target one genetic mutation, we believe that our modifier gene therapy platform, through its use of NHRs, represents a novel approach that has the potential to address multiple retinal diseases caused by mutations in multiple genes with one product, and to address complex diseases that are potentially caused by imbalances in multiple gene networks. Currently Ocugen has three modifier gene therapy programs OCU400 (RP, LCA), OCU410 (dry AMD), OCU410ST (Stargardt disease).

About
OCU400

OCU400 is the Company’s gene-agnostic modifier gene therapy product based on NHR gene, NR2E3. NR2E3 regulates diverse physiological functions within the retina—such as photoreceptor development and maintenance, metabolism, phototransduction, inflammation and cell survival networks. Through its drive functionality, OCU400 resets altered/affected cellular gene-networks and establishes homeostasis—a state of balance, which has the potential to improve retinal health and function in patients with inherited retinal diseases.

About
Ocugen,
Inc.

Ocugen, Inc. is a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines that improve health and offer hope for patients across the globe. We are making an impact on patients’ lives through courageous innovation—forging new scientific paths that harness our unique intellectual and human capital. Our breakthrough modifier gene therapy platform has the potential to treat multiple retinal diseases with a single product, and we are advancing research in infectious diseases to support public health and orthopedic diseases to address unmet medical needs. Discover more at www.ocugen.com and follow us on Twitter and LinkedIn.

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urban-gro, Inc. Signs Multiple Contracts with Clients in the Cannabis Sector for an Aggregate Value of More Than $3 Million

LAFAYETTE, Colo., Sept. 13, 2023 (GLOBE NEWSWIRE) — urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company signed more than $3 million of contracts spread across four clients in the cannabis sector. Collectively, the contracts include architecture and design, engineering, and equipment integration services for clients in the Northeastern United States, Midwestern United States, and Western Europe. The Company anticipates that the revenue for these projects will be predominantly recognized over the next three quarters.

Bradley Nattrass, Chairman and CEO, commented, “We’re pleased to see positive developments with our cannabis sector initiatives, and moreover, continuing to the next project stage with two existing clients that had paused their projects at the beginning of the year. In addition, I am excited we signed this initial stage design contract on a new client’s cannabis project in Western Europe, one that our Netherlands-based team anticipates will progress to additional engagements.”

About urban-gro, Inc.

urban-gro, Inc.® (Nasdaq: UGRO) is an integrated professional services consulting firm delivering professional services and solutions across architecture, design, engineering, equipment integration, and construction management. Our multi-sector expertise encompasses a diverse set of projects across a host of industries such as Controlled Environment Agriculture (“CEA”), light industrial, healthcare, hospitality, laboratories and more. Our dedicated and innovative team is fueled by a commitment to empower our clients by providing exceptional customer experiences throughout the project lifecycle and beyond, including post-operational support. With offices across North America and in Europe, we deliver Your Vision – Built. Learn more by visiting www.urban-gro.com.

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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as “believes,” “will,” “expects,” “anticipates,” “may,” “projects” and similar expressions and variations as they relate to the Company, or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, financial projections, financial guidance, future events, business strategy, future performance, future operations, future demand, backlog, financial position, estimated revenues, losses, adjusted EBITDA, prospects, plans and objectives of management, including expense optimization, working capital management, and the future ability to position the Company for long-term profitable growth. These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, our ability to successfully manage and integrate acquisitions, our ability to accurately forecast revenues and costs, competition for projects in our markets, our ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit our clients or potential clients, our ability to successfully develop new and/or enhancements to our product offerings and develop a product mix to meet demand, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in our backlog or our ability to secure future projects, our ability to maintain favorable relationships with suppliers, risks associated with reliance on key customers and suppliers, our ability to attract and retain key personnel, results of litigation and other claims and insurance coverage issues, risks related to our information technology systems and infrastructure, risks associated with climate change and ESG matters, our ability to maintain effective internal controls, our ability to execute on our strategic plans, our ability to achieve and maintain cost savings, the sufficiency of our liquidity and capital resources, and our ability to achieve our key initiatives for 2023, particularly our growth initiatives. A more detailed description of these and certain other factors that could affect actual results is included in the Company’s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law.

Investor Contacts:

Dan Droller: urban-gro, Inc.
EVP Corporate Development & Investor Relations
-or-
Jeff Sonnek: ICR, Inc.
(720) 730-8160
[email protected]

Media Contact:

Patricia Whyte – MATTIO Communications
(551) 795-7315
[email protected]



Xometry’s Thomas Expands Self-Serve Listing Categories On Its Popular Thomasnet.com Platform

  • “Thomas Verified” And “Thomas Verified + Video” Offer Manufacturers Enhanced Visibility And Targeting To Prospects From Preferred Industries, As Well As Custom Video Options
  • “Thomas Verified” Already #1 Self-Serve Option On Thomasnet.com

NORTH BETHESDA, Md., Sept. 13, 2023 (GLOBE NEWSWIRE) — Thomas, a leading industrial sourcing platform, today announced that it has added two additional self-serve profile options for the more than 500,000 suppliers on its popular Thomasnet.com.

Thomas Verified offers suppliers premium placement on Thomasnet.com while Thomas Verified + Video lets suppliers include videos on their company profiles. In the nearly three months since the two options were introduced, the “Thomas Verified” tier is already the most-popular option among Thomas’ self-serve portfolio.

“Thomasnet.com is North America’s largest industrial sourcing platform, and the additional self-serve options make it even easier for the hundreds of thousands of small- and mid-size suppliers to reach 1.4 million industrial buyers, gain new customers and grow their businesses,” said Bill Cronin, Chief Revenue Officer for Xometry. “For the last 125+ years, Thomas has proven indispensable to buyers and suppliers alike. We continue to enhance and grow our portfolio of products across Thomas to benefit manufacturers throughout North America and provide unmatched value to our enterprise customers.”

The four self-service options for suppliers are:

  • Thomas Claimed, which allows suppliers to showcase their products and services on Thomasnet.com;
  • Thomas Registered, which gives suppliers improved ranking over their competitors;
  • Thomas Verified, which offers enhanced visibility on the platform, access to a wider audience and targeting prospects from preferred industries; and
  • Thomas Verified + Video, which offers all the benefits of Thomas Verified as well as custom video content.

Thomas Verified is the now the most-popular self-serve option on the platform.

About Xometry

Xometry’s (NASDAQ:XMTR) AI-powered marketplace, popular Thomasnet industrial sourcing platform and suite of cloud-based services are rapidly digitizing the $2.4 trillion manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to access global manufacturing capacity and create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to quickly and effectively analyze complex parts in real-time, match buyers with the right suppliers globally and provide accurate pricing and lead times. Through its extensible marketplace, Xometry continuously scales its offerings, delivering an ever-expanding menu of manufacturing capabilities. Learn more at www.xometry.com or follow @xometry.

Contacts:

Matthew Hutchison
VP, Corporate Communications
[email protected]

Illume PR for Xometry
[email protected]

Shawn Milne
VP, Investor Relations
[email protected]