Posts

Posted on

Informatica Earns “An Outstanding Customer Service Experience” by J.D. Power for Second Consecutive Year in Certified Assisted Technical Support Program

Informatica Earns “An Outstanding Customer Service Experience” by J.D. Power for Second Consecutive Year in Certified Assisted Technical Support Program

REDWOOD CITY, Calif.–(BUSINESS WIRE)–
Informatica (NYSE: INFA), the first enterprise cloud data management leader to earn certification under the J.D. Power Certified Technology Service & Support ProgramSM, announced that the company has recently earned the Certified Assisted Technical Support distinction. This distinction recognizes Informatica for delivering “An Outstanding Customer Service Experience” to North American customers.

The Certified Technology Service and Support program and Certified Assisted Technical Support program evaluates overall customer satisfaction, and operational competence and helps technology support organizations increase their effectiveness in customer service. The certification must be renewed each year to maintain status as a J.D. Power certified organization.

“Informatica is clearly committed to providing a great customer experience,” said Mark Miller, Practice Leader, Customer Service Advisory, J.D. Power. “Our research shows that Informatica Global Support team really hit it out of the park when it came to working directly with customers in their assisted channels, and we congratulate the entire organization on being a part of this most exclusive club of technology service providers.”

The certification also helps businesses identify technology partners that have demonstrated service and support excellence. To achieve certification, J.D. Power surveys customers about their technology service and support experience and certified organizations must attain customer satisfaction scores above the top 20 percent of enterprise software companies in the benchmark. J.D. Power deploys a team of operational experts to conduct detailed evaluations of the service organization against proven operational best practices. Only top performers can meet both the customer experience and operational standards of the J.D. Power certification program.

“We are thrilled to have earned the J.D. Power certification for the second consecutive year. At Informatica we place the customer at the epicenter of our business model, our operating system is designed to drive business outcomes coupled with best-in-class experiences hyper-personalized to the use cases of our customers,” said Ansa Sekharan, Chief Customer Officer, Informatica.

In 2022, Informatica launched several key initiatives to deliver an outstanding customer experience that reinforced its status as a J.D. Power-certified organization.

  • The successful launch of Informatica’s Signature Select offerings met a key milestone on the company’s customer journey roadmap – a reimagined integrated engagement model for customers to accelerate their digital transformation.
  • Informatica announced the Assurance Service to optimize and advance the customer experience on the IDMC platform, with risk mitigation and observability at its core.
  • Informatica developed an Experience Lounge, a product demo and simulations platform to help bootstrap and nurture customers through their journey.

About Informatica

Informatica (NYSE: INFA), an Enterprise Cloud Data Management leader, empowers businesses to realize the transformative power of data. We have pioneered a new category of software, the Informatica Intelligent Data Management Cloud (IDMC), powered by AI and a cloud-first, cloud-native, end-to-end data management platform that connects, manages, and unifies data across any multi-cloud, hybrid system, empowering enterprises to modernize and advance their data strategies. Customers in more than 100 countries and 84 of the Fortune 100 rely on Informatica to drive data-led digital transformation. For more information, visit us at www.informatica.com, or follow us on LinkedIn, Twitter, and Facebook.

J.D. Power 2022 Certified Assistance and Technical Support ProgramSM recognition is based on successful completion of an evaluation and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions for its technology service and support operations. For more information, visit www.jdpower.com.

Informatica Public Relations

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Technology Internet Data Management

MEDIA:

Posted on

Polished.com Announces that Requisite Number of Votes to Elect Director Candidates Were Received at 2022 Annual Meeting

Polished.com Announces that Requisite Number of Votes to Elect Director Candidates Were Received at 2022 Annual Meeting

Adjourns Annual Meeting to February 2, 2023 with Respect to Proposal 2

BROOKLYN, N.Y.–(BUSINESS WIRE)–
Polished.com Inc. (NYSE: POL) (formerly known as 1847 Goedeker Inc.) (“Polished” or the “Company”), a content driven and technology enabled shopping destination for appliances, furniture and home goods in the U.S. household appliances market, today announced that it convened its 2022 Annual Meeting of Stockholders (the “Annual Meeting”) as scheduled.

At the Annual Meeting proxies were submitted by stockholders representing approximately 64% of the shares of Polished’s common stock outstanding and entitled to vote. The requisite number of votes were received to approve Proposal 1, Election of Directors.

Proposal 2, Amendment to the Amended and Restated Certificate of Incorporation to Increase the Authorized Number of Shares of Common Stock, requires a majority of all outstanding common stock for approval. The requisite numbers of shares voted for the approval of Proposal 2 have not yet been obtained.

The Annual Meeting has been adjourned to February 2, 2023, at 11:00 am ET, with respect to Proposal 2 described in Polished’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on December 19, 2022. The record date for the adjourned Annual Meeting remains December 12, 2022. The adjourned Annual Meeting can be accessed by visiting: https://web.lumiagm.com/295686073.

Stockholders who have previously submitted a proxy or otherwise voted do not need to take any action and all previously submitted proxies will be voted at the adjourned Annual Meeting unless properly revoked.

Polished’s Board of Directors (the “Board”) believes that all proposals submitted are in the best interests of stockholders and will continue to solicit votes from stockholders during the adjournment.

To vote, please contact our proxy solicitor, Kingsdale Advisors, toll free at: 1-855-682-9644, or your broker.

Polished encourages all stockholders of record at the close of business on December 12, 2022, who have not yet voted, to vote by 11:59 p.m. ET on February 1, 2023.

ABOUT POLISHED

Polished is raising the bar, delivering a world-class, white-glove shopping experience for home appliances. From the best product selections from top brands to exceptional customer service, we are simplifying the purchasing process and empowering consumers as we provide a polished experience, from inspiration to installation. A product expert helps customers get inspired and imagine the space they want, then shares fresh ideas, unbiased recommendations and excellent deals to suit the project’s budget and style. The goal is peace of mind when it comes to new appliances. Polished perks include its “Love-It-Or-Return-It” 30-day policy, extended warranties, the ability to arrange for delivery and installation at your convenience and other special offers. Learn more at www.Polished.com.

FORWARD LOOKING STATEMENTS

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will”, “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company’s control and which could materially affect results. Factors that may cause actual results to differ materially from current expectations include, among other things, those described more fully in the section titled “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the Securities and Exchange Commission. 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.

Greg Marose / Ashley Areopagita

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Online Retail Retail Other Retail Home Goods Specialty Office Products

MEDIA:

Posted on

Redfin Reports Home Prices Post Small Increase as Mortgage-Rate Drop Attracts Buyers

Redfin Reports Home Prices Post Small Increase as Mortgage-Rate Drop Attracts Buyers

An increase in home searches and tours at the end of 2022 is starting to translate into purchases as mortgage rates fall. Mortgage applications are up 25%, and the slowdown in pending sales is easing.

SEATTLE–(BUSINESS WIRE)–
(NASDAQ: RDFN) —The median U.S. home-sale price increased 0.9% from a year earlier to $350,250 during the four weeks ending January 15, the biggest increase in a month, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Prices remain elevated because buyer activity has started to pick up as mortgage rates decline due to slowing inflation. Average mortgage rates dropped to 6.15% during the week ending January 19, their lowest level since September. Pending home sales fell 29% year over year—a significant decline, but the first sub-30% drop in three months. Mortgage-purchase applications rose 25% from the week before during the week ending January 13, a jump that’s likely to lead to more pending sales in the coming months.

As demand inches back, some homeowners are less reluctant to sell. New listings of homes for sale fell 20% year over year during the four weeks ending January 15—but that’s the smallest decline in two months.

“The people who started browsing homes online and scheduling house tours at the end of 2022 are now turning into actual homebuyers,” said Redfin Deputy Chief Economist Taylor Marr. “Low competition, falling mortgage rates and seller concessions are bringing some buyers back to the market. That’s helping keep national home prices afloat, which is one bright spot for sellers. But many buyers are still sitting on the sidelines and demand could dip back down if inflation declines slower than expected or mortgage rates rise again.”

Home prices fell from a year earlier in 18 of the 50 most populous U.S. metros

Home-sale prices fell year over year in 18 of the 50 most populous U.S. metros during the four weeks ending January 15. By comparison, 20 metros saw a price decline during the prior four-week period and 11 metros saw price declines a month earlier.

Prices fell 10.1% year over year in San Francisco, 6.7% in San Jose, 5.5% in Austin, 4.3% in Detroit, 3.8% in Seattle, 3.7% in Phoenix, 3.4% in Sacramento, 3.1% in San Diego, 2.8% in Anaheim, CA, 2.5% in Chicago, 2.4% in Los Angeles, 2.3% in Oakland, CA and 2.2% in Boston. They fell less than 2% in Riverside, CA, Portland, OR, New York, Newark, NJ, and Las Vegas.

Leading indicators of homebuying activity:

  • For the week ending January 19, 30-year mortgage rates dropped to 6.15%. The daily average was 6.04% on January 18.
  • Mortgage-purchase applications during the week ending January 13 jumped 25% from a week earlier, seasonally adjusted. Purchase applications were down 35% from a year earlier.
  • Google searches for “homes for sale” were up about 30% from their November low during the week ending January 14, but down about 26% from a year earlier.

This week’s report excludes the Redfin Homebuyer Demand Index due to a data-collection issue. It will be back next week.

Key housing market takeaways for 400+ U.S. metro areas:

Unless otherwise noted, this data covers the four-week period ending January 15. Redfin’s weekly housing market data goes back through 2015.

  • The median home sale price was $350,000, up 0.9% year over year, the biggest gain in a month.
  • The median asking price of newly listed homes was $357,200, up 3.9% year over year, the biggest increase in two months.
  • The monthly mortgage payment on the median-asking-price home was $2,262 at the current 6.15% mortgage rate. That’s unchanged from a week earlier and down $245 from the October peak. Monthly mortgage payments are up 30% from a year ago.
  • Pending home sales were down 29.1% year over year. That’s the first sub-30% drop in three months.
  • Among the 50 most populous U.S. metros, pending sales fell most in Las Vegas (-63% YoY), Phoenix (-56.3%), Austin (-53.7%), Nashville (-52.9%) and Jacksonville, FL (-52.4%). Though they fell in all 50, they declined least in Chicago (-12.8%), Pittsburgh (-20.1%), San Francisco (-23.2%), Boston (-24.4%) and Cleveland (-25%).
  • New listings of homes for sale fell 20% year over year.
  • Active listings (the number of homes listed for sale at any point during the period) were up 21.8% from a year earlier, the biggest annual increase since at least 2015.
  • Months of supply—a measure of the balance between supply and demand, calculated by dividing the number of active listings by closed sales—was 4 months, up from 3.7 months a week earlier and 2 months a year earlier.
  • 29% of homes that went under contract had an accepted offer within the first two weeks on the market, up slightly from the week before but down from 36% a year earlier.
  • Homes that sold were on the market for a median of 45 days. That’s up two weeks from 31 days a year earlier and the record low of 18 days set in May.
  • 21% of homes sold above their final list price, down from 40% a year earlier and the lowest level since March 2020.
  • On average, 4.3% of homes for sale each week had a price drop, up slightly from a week earlier but down from 5.3% a month earlier.
  • The average sale-to-list price ratio, which measures how close homes are selling to their final asking prices, fell to 97.9% from 100.1% a year earlier. That’s the lowest level since March 2020.

To view the full report, including charts, please visit: https://www.redfin.com/news/housing-market-update-home-prices-increase-some-buyers-return

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country’s #1 real estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we’ve saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 5,000 people.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email [email protected]. To view Redfin’s press center, click here.

Redfin Journalist Services:

Kenneth Applewhaite, 206-588-6863

[email protected]

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Residential Building & Real Estate Construction & Property Professional Services Finance

MEDIA:

Logo
Logo
Posted on

LG Chem Completes Acquisition of AVEO Oncology

AVEO to Become the U.S. Foundation for LG Chem Life Sciences’ Oncology Division

SEOUL, South Korea, Jan. 19, 2023 (GLOBE NEWSWIRE) — LG Chem, Ltd. (“LG Chem”) (KOSPI: 051910) today announced that it has completed its previously announced acquisition of AVEO Oncology (“AVEO”), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, in an all-cash transaction with an implied equity value of $571M on a fully diluted basis.

“We are excited to complete LG Chem’s acquisition of AVEO, which will position us to deliver on our mission of becoming one of the world’s leading oncology companies with a robust clinical pipeline of innovative therapies,” said Shin Hak-Cheol, Chief Executive Officer of LG Chem.

AVEO plans to accelerate the commercialization of new anti-cancer drugs developed by LG Chem Life Sciences. With strong capabilities in early-stage R&D and production process, LG Chem Life Sciences will be positioned to pursue promising anti-cancer therapies and commercial processes for pre-clinical and early clinical trials, while AVEO, with its broad expertise in clinical development and sales in the U.S. market, will oversee clinical development and commercialization.

“The merger extends LG Chem Life Sciences’ commercial footprint to the U.S., diversifies our pipeline and advances our combined capabilities with AVEO, accelerating our ability to develop, commercialize and acquire world-class cancer therapies,” said Dr. Son Jeewoong, President of LG Chem Life Sciences. “We look forward to working closely with AVEO’s experienced and talented team as we welcome them to the LG Chem family.”

“This transaction delivered significant value to our shareholders and AVEO is now positioned to benefit from the support and resources of LG Chem as we advance our mission of improving the lives of patients with cancer,” said Michael Bailey, President and Chief Executive Officer of AVEO. “We look forward to our next chapter of growth as we realize the tremendous potential of our promising pipeline and leverage our combined capabilities to deliver continued progress across our clinical and pre-clinical stage anti-cancer therapies.”

AVEO Leadership Updates

AVEO will continue to be led by President and Chief Executive Officer Michael Bailey, Chief Commercial Officer Mike Ferraresso, Chief Operating Officer Jeb Ledell and Senior Vice President, General Counsel Danielle Holland. AVEO is also welcoming Martin Birkhofer, M.D. as its Chief Medical Officer and will have Erick Lucera serve as its Chief Financial Officer during a temporary transition period. A new Chief Financial Officer is expected to be appointed by LG Chem.

While AVEO is now a wholly owned subsidiary of LG Chem Life Sciences Innovation Center, Inc., AVEO will continue to operate under the AVEO Oncology name. The combined company will fully maintain operations in Boston and Cambridge, Massachusetts, where both AVEO and LG Chem Life Sciences Innovation Center are based.

About Martin Birkhofer, M.D.

Dr. Birkhofer is an oncologist and seasoned business executive with more than 30 years of life sciences management experience. Dr. Birkhofer joins AVEO with proven leadership abilities and extensive global clinical development, business development, regulatory and medical affairs experience with both small molecules and biologics. Dr. Birkhofer most recently served as Senior Vice President and Chief Medical Officer of Taiho Oncology Inc. Prior to joining Taiho Oncology, he served as Chief Medical Officer of Gradalis, Inc. and NuCana BioMed Ltd. Between 1994 and 2013, he served in various leadership roles within Research and Development and Business Development at Bristol-Myers Squibb (BMS).

Dr. Birkhofer is Board Certified in Internal Medicine and Medical Oncology. He obtained his M.D. from New York Medical College in Valhalla, New York.

Advisors

BofA Securities served as exclusive financial advisor to LG Chem, and Latham & Watkins LLP served as LG Chem’s legal counsel. Moelis & Company LLC served as exclusive financial advisor to AVEO, and WilmerHale LLP served as AVEO’s legal counsel.

About LG Chem

LG Chem is a leading global chemical company with a diversified business portfolio in the key areas of petrochemicals, advanced materials, and life sciences. The company manufactures a wide range of products from high-value added petrochemicals to renewable plastics, specializing in cutting-edge electronic and battery materials, as well as drugs and vaccines to deliver differentiated solutions for its customers. LG Chem Life Sciences, engaged in the development, manufacture and global commercialization of pharmaceutical products, is committed to expanding its global presence by focusing on the key core therapeutic areas of immunology, oncology, and metabolic diseases (specifically, diabetes and related metabolic diseases). For more information, please visit www.lgchem.com.

For LG Chem:

Media:

Son Junil / Kim Junam
[email protected]

Liz Choi
Weber Shandwick
[email protected]

For AVEO:

Joseph Sala / Tanner Kaufman
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449



Posted on

Appian To Announce Fourth Quarter and Full Year 2022 Financial Results on February 16

MCLEAN, Va., Jan. 19, 2023 (GLOBE NEWSWIRE) — Appian (Nasdaq: APPN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2022, following the close of market on Thursday, February 16, 2023. The company will host a conference call and live webcast to review its financial results and business outlook.

Conference Call Details

The conference call will begin at 4:30 p.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can dial in the same way they always have, using their phone with a dial in and PIN, or they can choose the Call Me option for instant dial to their phone. The conference call will also be available live via webcast on the Investor Relations page of the Company’s website at http://investors.appian.com.

A webcast replay of the conference call can be accessed at http://investors.appian.com after the conclusion of the live conference call.

About Appian

Appian is the unified platform for change. We accelerate customers’ businesses by discovering, designing, and automating their most important processes. The Appian Low-Code Platform combines the key capabilities needed to get work done faster, Process Mining + Workflow + Automation, in a unified low-code platform. Appian is open, enterprise-grade and trusted by industry leaders. For more information, visit appian.com.

Investor Contact

Srinivas Anantha, CFA
703-442-8844
[email protected]

Media Contact

Ben Farrell
703-442-1067
[email protected]

Source: Appian Corporation



Posted on

Procaps Announces Key Changes to the Board of Directors

International Corporate Executive and Attorney Alberto Eguiguren Correa Appointed to Board of Directors

MIAMI and BARRANQUILLA, Colombia, Jan. 19, 2023 (GLOBE NEWSWIRE) — Procaps Group (NASDAQ: PROC) (“Procaps” or the “Company”), a leading integrated LatAm healthcare and pharmaceutical conglomerate, announced the election of Alberto Eguiguren Correa to its Board of Directors.

Alberto Eguiguren is an accomplished corporate executive and attorney with board experience including over 20 years in global healthcare and pharma companies with a successful track record in value-creating transactions, international business, strategic planning, and mergers and acquisitions of public and private companies. He is currently a Board Member of 5 companies in Chile. He previously served as Board Member of several private and listed companies, including CFR Pharmaceuticals S.A., Clínica Las Condes S.A. and Chairman of the Board of Laboratorio Chile S.A. He received a Master’s in Commercial Law from Duke University School of Law.

“As a new independent Director with expertise in healthcare, Alberto is an excellent addition to our Board. We look forward to working with him to help propel Procaps into its next phase of growth as we advance product development and market expansion,” said Ruben Minski, Chairman of the Board and CEO of Procaps.

Alberto Eguiguren will replace Alejandro Weinstein who, aligned with the period for his service as a director previously disclosed at the time of the Company’s public listing, has decided to step down from the Board. Mr. Weinstein decided not to extend his tenure on the Board based on disagreements with the Board regarding strategic priorities for the growth of the Company. Both changes are effective immediately.

“On behalf of the entire Board, I want to thank Alejandro for his steadfast leadership and expertise. We are extremely grateful for his tireless diligence during a period of continuous innovation and internationalization and the expansion of our portfolio within selected therapy areas and geographies,” concluded Minski.

About Procaps Group

Procaps Group, S.A. (“Procaps”) (NASDAQ: PROC) is a leading developer of pharmaceutical and nutraceutical solutions, medicines, and hospital supplies that reach more than 50 countries in all five continents. Procaps has a direct presence in 13 countries in the Americas and more than 5,300 employees working under a sustainable model. Procaps develops, manufactures, and markets over-the-counter (OTC) pharmaceutical products, prescription pharmaceutical drugs (Rx), nutritional supplements, and high-potency clinical solutions.

For more information, visit www.procapsgroup.com or Procaps’ investor relations website investor.procapsgroup.com.

Investor Contact:

Melissa Angelini
[email protected]
+1 754 260-6476
investor.procapsgroup.com



Posted on

Carpenter Technology Declares Quarterly Cash Dividend

PHILADELPHIA , Jan. 19, 2023 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable March 2, 2023, to shareholders of record on January 31, 2023. The ex-dividend date (the date the common stock trades without the dividend) is January 30, 2023.


About Carpenter Technology

Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, transportation, energy, industrial, medical, and consumer electronics markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys, including titanium, nickel, and cobalt, as well as alloys specifically engineered for additive manufacturing (AM) processes and soft magnetics applications. Carpenter Technology has expanded its AM capabilities to provide a complete “end-to-end” solution to accelerate materials innovation and streamline parts production. More information about Carpenter Technology can be found at www.carpentertechnology.com.

Media Inquiries: 
Heather Beardsley 
+1 610-208-2278
[email protected] 

   Investor Inquiries:
The Plunkett Group
Brad Edwards
+1 914-582-4187
[email protected] 



Posted on

Interpublic Schedules Fourth Quarter & Full Year 2022 Earnings Release

New York, NY, Jan. 19, 2023 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) today announced that it will release earnings for the fourth quarter and full year ended December 31, 2022 on the morning of February 9, 2023. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results.

To join the conference call, please call (888) 889-5013. Outside the United States, please call (312) 470-7357. The participant passcode is 7529129. The call will be available live on the company’s website, www.interpublic.com.

The conference call will be recorded and available for 30 days by calling (888) 296-6941 followed by the passcode 6802. Outside the United States, please call (203) 369-3026 followed by the passcode 6802. The call will also be archived and available in the investor relations section of the company’s website.

# # #

About Interpublic

Interpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub, Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.24 billion in 2021.

# # #

Contact Information

Tom Cunningham
(Press)
(212) 704-1326

Jerry Leshne
(Analysts, Investors)
(212) 704-1439



Posted on

Alamos Gold Provides Notice of Fourth Quarter and Year-End 2022 Results and Conference Call

TORONTO, Jan. 19, 2023 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2022 financial results after market close on Wednesday, February 22, 2023. Senior management will host a conference call on Thursday, February 23, 2023 at 11:00 am ET to discuss the results.

Participants may join the conference call via webcast or through the following dial-in numbers:

Toronto and International:  (416) 340-2217
Toll free (Canada and the United States):   (800) 806-5484
Participant passcode:  1031011#
Webcast: www.alamosgold.com

A playback will be available until March 26, 2023 by dialling (905) 694-9451 or (800) 408-3053 within Canada and the United States. The pass code is 6543561#. The webcast will be archived at www.alamosgold.com.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 1,900 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Senior Vice President, Investor Relations
(416) 368-9932 x 5439

All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.



Posted on

UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY THROUGH ITS QUALIFIED OPPORTUNITY ZONE FUND

FREEHOLD, NJ, Jan. 19, 2023 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) today announced that it closed on the acquisition of a manufactured home community located in Albany, Georgia, for a total purchase price of $3.65 million through UMH’s qualified opportunity zone fund. This brand-new community contains 118 developed homesites and is situated on approximately 26 acres.

Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to announce the acquisition of Mighty Oak, a newly-developed manufactured housing community located in Albany, Georgia. This is our first community located in Georgia and it further expands our footprint in the Southeast. Several major corporations located nearby, such as Pratt Industries, Thrush Aircraft and Amadas Industries, have made or have announced plans to make significant new capital investments to their facilities, creating a growing workforce in Albany that needs quality affordable housing. We, therefore, plan to implement our rental home program in our community, which should result in rapid infill and strong returns.

“This is our second community acquired through our qualified opportunity zone fund. By providing quality affordable housing in opportunity zones, we will help make these areas even more attractive to employers who need housing for their employees. UMH will earn fees to manage the community and will have the first right to purchase the community upon divestiture by the fund. We look forward to acquiring additional communities in opportunity zones throughout the country.” 

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities with approximately 25,700 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. UMH also owns and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

Contact: Nelli Madden

732-577-9997

# # # #