AstroNova to Report Second-Quarter Fiscal 2024 Financial Results on Wednesday, September 6, 2023

AstroNova to Report Second-Quarter Fiscal 2024 Financial Results on Wednesday, September 6, 2023

WEST WARWICK, R.I.–(BUSINESS WIRE)–AstroNova, Inc.(Nasdaq: ALOT), a global leader in data visualizationtechnologies, will report its second-quarter fiscal 2024 financial results before the opening of the Nasdaq on Wednesday, September 6, 2023. At 9:00 a.m. ET, the Company will conduct a conference call hosted by Greg Woods, President and Chief Executive Officer, and David Smith, Vice President and Chief Financial Officer.

To access the conference call, please dial (833) 470-1428 (U.S. and Canada) or (929) 526-1599 (International) approximately 10 minutes prior to the start time and enter access code 159098.

A real-time and an archived audio webcast of the call will be available through the “Investors” section of the AstroNova website, https://investors.astronovainc.com.

About AstroNova

AstroNova (Nasdaq: ALOT), a global leader in data visualization technologies since 1969, designs, manufactures, distributes, and services a broad range of products that acquire, store, analyze, and present data in multiple formats.

The Product Identification segment provides a wide array of digital, end-to-end product marking and identification solutions including hardware, software, and supplies for OEMs, commercial printers, and brand owners. The Test and Measurement segment provides products designed for airborne printing solutions, avionics, and data acquisition. Our aerospace products include flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies. Our data acquisition systems are used in research and development, flight testing, missile and rocket telemetry production monitoring, power, and maintenance applications.

AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is available by visiting https://astronovainc.com/.

Scott Solomon

Senior Vice President

Sharon Merrill Associates, Inc.

(857) 383-2409

[email protected]

KEYWORDS: United States North America Rhode Island

INDUSTRY KEYWORDS: Data Management Technology Aerospace Manufacturing Software Hardware

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Model N Management to Participate in Upcoming Investor Conferences

Model N Management to Participate in Upcoming Investor Conferences

SAN MATEO, Calif.–(BUSINESS WIRE)–
Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that Model N management will present at the following investor conferences:

  • Goldman Sachs Communacopia + Technology Conference 2023. This presentation is scheduled for Wednesday, September 6, 2023 at 9:30 a.m. PT (12:30 p.m. ET).

  • Morgan Stanley 21st Annual Global Healthcare Conference. This presentation is scheduled for Tuesday, September 12, 2023 at 5:10 a.m. PT (8:10 a.m. ET).

A webcast of the live and replay presentation will be accessible from the investor relations page of the Model N website at https://investor.modeln.com/.

About Model N

Model N is the leader in revenue optimization and compliance for pharmaceutical, medtech and high-tech innovators. Our intelligent platform powers your digital transformation with integrated technology, data, analytics, and expert services that deliver deep insight and control.

Our integrated cloud solution is proven to automate pricing, incentive and contract decisions to scale business profitably and grow revenue. Model N is trusted across more than 120 countries by the world’s leading pharmaceutical, medical technology, semiconductor, and high-tech companies, including Johnson & Johnson, AstraZeneca, Stryker, Seagate Technology, Broadcom, and Microchip Technology. For more information, visit www.modeln.com.

Investor Relations Contact:

Carolyn Bass

[email protected]

Public Relations

BLASTmedia

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Other Technology Health Technology Software Other Health Hardware Health Pharmaceutical Data Management

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Schwab Q3 Trader Sentiment Survey: Recession Expectations Start to Recede as Trader Outlook Brightens in the Third Quarter

Schwab Q3 Trader Sentiment Survey: Recession Expectations Start to Recede as Trader Outlook Brightens in the Third Quarter

More than half think it’s a good time to invest and feel better financially

WESTLAKE, Texas–(BUSINESS WIRE)–
After two consecutive quarters of recession anticipation, trader expectations are shifting to a more optimistic sentiment overall about the market environment. The latest Charles Schwab Trader Sentiment Survey reveals that traders are more bullish on the U.S. stock market than they were in the second quarter; for the next three months, 44% are bullish and 35% are bearish, compared to 32% bullish and 52% bearish in Q2.

While most (69%) of Schwab’s trader clients still think it’s likely that the U.S. economy will officially enter a recession, that figure is down significantly from 86% in Q2 and 87% in Q1. Those who think a recession is likely are also pushing back their expectations for when it will begin and continue to believe it will last less than one year. Among traders expecting a recession, 64% now predict it will start in Q4 2023 (26%) or later (38%) compared to just 19% who predicted a recession would begin in that timeframe last quarter.

The Charles Schwab Trader Sentiment Survey is a quarterly survey that explores the outlooks, expectations, and perspectives of traders at Charles Schwab and TD Ameritrade. It found:

Primary concerns around investing

 

Likelihood of a recession

 

Expected length of a recession

 

Economic data influencing outlook

Potential of a recession

14%

 

Certain

10%

 

6 months or less

22%

 

Inflation

77%

Fed raising interest rates

14%

 

Highly likely

22%

 

6 – 12 months

42%

 

Consumer spending

63%

Political landscape in D.C.

13%

 

Somewhat likely

37%

 

1 – 2 years

29%

 

Labor market

55%

Inflation

10%

 

Somewhat unlikely

18%

 

More than 2 years

9%

 

Consumer debt

43%

Market correction

10%

 

Highly unlikely

4%

 

 

 

 

Housing market

38%

“While traders certainly don’t feel we’re entirely out of the woods yet when it comes to an economic downturn, we’re seeing an influx of cautious optimism,” said James Kostulias, head of Trading Services at Charles Schwab. “This is no doubt thanks to a sunnier economic picture overall this quarter. The jobs market may be cooling somewhat, but it continues to be strong, and unemployment remains remarkably low, especially compared to pandemic-era highs. Even the most recent inflation numbers, while they do indicate a modest rise, are a far cry from the highs we saw in 2022. Concerns may remain, but bullishness is on an upswing.”

Signs of Optimism

Mid-life and older traders are the most bullish (49%) while that number drops to 41% for younger traders and 38% for retirees. While bearishness is on the decline, one in five traders express uncertainty about their market outlook. That lack of clarity is even higher (one in four) among retirees.

Overall, 51% of traders think it’s a good time to invest in stocks, mutual funds and other equity-based investments, up from 41% in Q2. Additionally, 53% feel they are better off financially than they were a year ago compared to only 36% in the previous quarter. Traders largely continue to feel confident in making investment decisions (63%), a number that remains virtually unchanged quarter-over-quarter.

“Retired and younger investors can be particularly sensitive to market swings, so it makes sense that they might feel a little less bullish compared to mid-life and mature investors who have experienced many market cycles over their lifetimes,” said Kostulias. “This experience could lead mid-life and mature traders to feel more comfortable taking calculated risks. This is just one area where the many educational resources and trading tools available at Schwab can make a big difference, and traders are taking advantage of these. Traders say they are now spending more time researching their trades before executing, and our tools can help them to ideate, create, execute, and monitor their trades under multiple conditions and scenarios.”

Sector and asset class outlook

At a sector level, traders are the most bullish on energy (51%), information technology (51%, a significant bump from 38% in Q2) and health care (47%). Real estate is the only sector that the majority of traders are bearish on (54%).

At the asset class level, many traders are bullish on value stocks (46%), domestic stocks (44%), growth stocks (42%) and equities in general (40%). Traders are slightly less bullish on fixed income than the previous quarter, as sentiment ticked down from 42% to 35%.

AI’s impact

Artificial intelligence (AI) is emerging as an important factor in traders’ decision-making, in terms of both the companies they invest in and how they feel the technology will influence the market. Two-thirds of traders (66%) see AI as potentially having a massive or significant impact on the market and 35% are already factoring company use of AI into their stock analysis. Just over half of traders (51%) are bullish on AI stocks for the next three months.

Factoring company use of AI into stock analysis

Massive or significant impact of technologies over next 1 – 3 years

 

Yes

35%

Artificial intelligence

66%

No

45%

Quantum computing

41%

Not sure/don’t know

20%

Blockchain

21%

 

 

Virtual/augmented reality

19%

 

 

The Metaverse

13%

About the Charles Schwab Trader Sentiment Survey

The Charles Schwab Trader Sentiment Survey is a quarterly study exploring the outlooks, expectations, trading patterns and points of view of active traders at Charles Schwab and TD Ameritrade – defined as those making more than 80 equity trades, more than 12 options trades, or those who make futures or forex trades over the course of the year. The study included 768 Active Trader clients at Charles Schwab and TD Ameritrade between the ages of 18-75 and was fielded from July 6 – August 3, 2023.

About Charles Schwab

At Charles Schwab, we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at aboutschwab.com. Follow us on Twitter, Facebook, YouTube, and LinkedIn.

Disclosures

Investing involves risk including loss of principal.

(0823-3PTD)

Margaret Farrell

Charles Schwab

(203) 434-2240

[email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Technology Finance Banking Other Technology Professional Services Software Socially Responsible Investing Other Professional Services Artificial Intelligence

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Longboard Pharmaceuticals Completes Enrollment of Phase 1b/2a PACIFIC Study Evaluating LP352 for the Treatment of Developmental and Epileptic Encephalopathies

Longboard Pharmaceuticals Completes Enrollment of Phase 1b/2a PACIFIC Study Evaluating LP352 for the Treatment of Developmental and Epileptic Encephalopathies

  • Enrolled 52 participants with Developmental and Epileptic Encephalopathies (DEEs) into the PACIFIC Study
  • Participants have a broad range of DEEs including Lennox-Gastaut syndrome, Dravet syndrome, SCN2A-related epilepsies, CDKL5 deficiency disorder, among others
  • PACIFIC topline results remain on track for around year-end 2023

LA JOLLA, Calif.–(BUSINESS WIRE)–Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases, today announced that it has completed enrollment of its Phase 1b/2a clinical trial, the PACIFIC Study, which is evaluating LP352, an oral, centrally acting 5-HT2C receptor superagonist, in 52 participants with Developmental and Epileptic Encephalopathies (DEEs). The primary objectives of the study are to assess the safety and tolerability of LP352. The PACIFIC Study will also evaluate change in seizure frequency over the treatment period, and data are expected to inform the design and characteristics of the planned Phase 3 program for LP352. Participants who complete the PACIFIC Study are eligible to roll over into the ongoing open-label extension trial should they choose to do so.

“Completing enrollment of the PACIFIC Study is a tremendous milestone for Longboard and we are very pleased to see strong interest from the DEE patient community, underscoring the great unmet need that remains,” stated Dr. Randall Kaye, Longboard’s Chief Medical Officer. “We would like to thank the entire DEE community, including participants, their families and the advocates, as well as the investigators, sites and coordinators for their participation and continued collaboration. This achievement brings us one step closer to helping people living with Developmental and Epileptic Encephalopathies.”

“I am excited about the innovative approach of conducting clinical research in DEEs more broadly given the significant unmet need and limited access to novel and targeted therapies that exists in the majority of patients living with refractory epilepsies. I look forward to seeing the PACIFIC data and the potential of LP352,” said Dennis Dlugos, MD, MSCE, pediatric neurologist at Children’s Hospital of Philadelphia, Vice President & Officer of the Epilepsy Study Consortium, and Principal Investigator of the PACIFIC Study.

“We are pleased to see Longboard’s commitment to advancing the rare and refractory epilepsy space. The inclusive nature of the PACIFIC Study is unique and exciting, especially given that people living with certain DEEs have not had access to newer therapies and clinical trials,” said Tracy Dixon-Salazar, PhD, Executive Director of the LGS Foundation. “There is a dire need for continued improvement in research and innovation for these severe syndromes, and we are looking forward to the outcome of the PACIFIC Study.”

ABOUT THE PACIFIC STUDY

The PACIFIC Study is a Phase 1b/2a clinical trial evaluating participants with Developmental and Epileptic Encephalopathies (DEEs). The primary objectives of the study are to assess the safety and tolerability of LP352. The PACIFIC Study will also evaluate change in seizure frequency over the treatment period. The study enrolled 52 participants with a variety of treatment resistant seizures that fall into the category of DEE across approximately 30 study sites in the United States and Australia. The PACIFIC Study data are expected to inform the design and characteristics of the planned Phase 3 program for LP352. Participants who complete the PACIFIC Study are eligible to roll over into the ongoing open-label extension (OLE) trial should they choose to do so. The OLE is a Phase 2 multicenter, open-label, multiple-dose, long-term extension clinical trial designed to evaluate long-term safety of LP352 in participants with DEEs who have completed the PACIFIC Study.

ABOUT DEVELOPMENTAL AND EPILEPTIC ENCEPHALOPATHIES

DEEs refer to a group of severe heterogeneous epilepsies that are characterized by drug resistant seizures and significant developmental delay.

Importantly, if seizure control can be improved, developmental delay may slow. Most DEEs begin early in life, often starting in infancy. Children can have frequent and severe seizures which may be of multiple types. Epileptic spasms, tonic or atonic seizures and myoclonic seizures, among other seizure types, can be seen. In many cases, seizures are life long, although in some instances they can abate with time with certain syndromes or specific causes.

ABOUT LONGBOARD PHARMACEUTICALS

Longboard Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases. Longboard is working to advance a portfolio of centrally acting product candidates designed to be highly selective for specific G protein-coupled receptors (GPCRs). Longboard’s small molecule product candidates are based on more than 20 years of GPCR research. Longboard is evaluating LP352, an oral, centrally acting 5-hydroxytryptamine 2C (5-HT2C) receptor superagonist, with no detectable activity on 5-HT2B and 5-HT2A receptor subtypes, in development for the potential treatment of seizures associated with a broad range of Developmental and Epileptic Encephalopathies. Longboard is also evaluating LP659, an oral, centrally acting, sphingosine-1-phosphate (S1P) receptor subtypes 1 and 5 modulator, which is in development for the potential treatment of multiple neurological diseases.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. In some cases, you can identify forward-looking statements by words such as “on track”, “target”, “objective”, “will”, “expect”, “plan”, “eligible to”, “goal”, “closer to”, “look forward to”, “potential”, “commitment”, “designed to”, “can”, “may”, “focused on”, “working to”, or the negative, plural or other tenses of these words or other comparable language, and they include, without limitation, statements about the following: the potential of LP352, including to advance into a Phase 3 program, treat seizures associated with a broad range of DEEs, or address an unmet need among people living with DEEs; the PACIFIC Study, including study participants completing the PACIFIC Study and rolling over into the OLE trial, the timing of topline results from the PACIFIC Study, and the potential for such results to inform a planned Phase 3 program for LP352; the potential for seizures to abate with time with certain syndromes or specific causes; the design, characteristics and potential of Longboard’s product candidates; and Longboard’s commitment, focus and work. For such statements, Longboard claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from Longboard’s expectations. Factors that could cause actual results to differ materially from those stated or implied by Longboard’s forward-looking statements include, but are not limited to, the following: Longboard’s product candidates, including LP352, are in the early to middle stages of a lengthy research, development, and regulatory review process, the timing, manner and outcome of which is uncertain, and Longboard’s product candidates may not advance in research or development or be approved for marketing; nonclinical and clinical data is voluminous and detailed, and regulatory agencies may interpret or weigh the importance of data differently and reach different conclusions than Longboard or others, request additional information, have additional recommendations or change their guidance or requirements before or after approval; results of clinical trials and other studies are subject to different interpretations and may not be predictive of future results; topline data may not accurately reflect the complete results of a particular study or trial; enrolling participants in Longboard’s ongoing and intended clinical trials is competitive and challenging; other risks related to the development and commercialization of Longboard’s product candidates; risks related to Longboard’s limited operating history, financial position and need for additional capital; Longboard will need additional managerial and financial resources to advance all of its programs, and you and others may not agree with the manner Longboard allocates its resources; macroeconomic events stemming from the COVID-19 pandemic or evolving geopolitical developments such as the conflict in Ukraine, including but not limited to the impact on Longboard’s clinical trials and operations, the operations of Longboard’s suppliers, partners, collaborators, and licensees, and capital markets, which in each case remains uncertain; risks related to unexpected or unfavorable new data; risks related to relying on licenses or collaborative arrangements; other risks related to Longboard’s dependence on third parties; competition; product liability or other litigation or disagreements with others; government and third-party payor actions, including relating to reimbursement and pricing; risks related to regulatory compliance; and risks related to Longboard’s and third parties’ intellectual property rights. Additional factors that could cause actual results to differ materially from those stated or implied by Longboard’s forward-looking statements are disclosed in Longboard’s filings with the Securities and Exchange Commission (SEC). These forward-looking statements represent Longboard’s judgment as of the time of this release. Longboard disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.

Megan E. Knight

Head of Investor Relations

[email protected]

858.789.9283

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Health Hospitals Other Health General Health Clinical Trials Pharmaceutical Biotechnology

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PPG opens customer and employee experience center at global headquarters, marks 140th anniversary

PPG opens customer and employee experience center at global headquarters, marks 140th anniversary

PITTSBURGH–(BUSINESS WIRE)–
PPG (NYSE:PPG) today announced the opening of a customer and employee experience center at its global headquarters in Pittsburgh (Video available here).The center showcases innovative paints, coatings and specialty materials and technologies from across the organization.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230822368991/en/

PPG opened a customer and employee experience center at its global headquarters in Pittsburgh. The center showcases innovative paints, coatings and specialty materials and technologies from across the organization. The opening of the customer and employee experience center also marks the 140th anniversary of PPG. (Photo: Business Wire)

PPG opened a customer and employee experience center at its global headquarters in Pittsburgh. The center showcases innovative paints, coatings and specialty materials and technologies from across the organization. The opening of the customer and employee experience center also marks the 140th anniversary of PPG. (Photo: Business Wire)

The 1,400-square-foot experience center is part of a recent renovation of the top two floors of One PPG Place, the company’s iconic, Philip Johnson-designed global headquarters. The center features wall coverings, furniture and TV screens from its customers, along with a host of products that exemplify the company’s purpose – WE PROTECT AND BEAUTIFY THE WORLD®.

In addition to the experience center, the renovations include new, open-concept workspaces, collaboration areas, meeting rooms and employee kitchens. These are surrounded by views of Pittsburgh’s riverfronts and more than 20 PPG paint colors, including PPG’s just-announced 2024 color of the year, Limitless PPG1091-3; the 2023 color of the year, Vining Ivy PPG1148-6; and the 2022 color of the year, Olive Sprig PPG1125-4.

“The modern design enables increased collaboration by providing an innovative, open environment for everyone who works at or visits our global headquarters,” said Tim Knavish, PPG president and CEO. “One of PPG’s enterprise growth focus areas is to modernize our operations around the world, and this is another step forward in that journey.”

Additional modernization projects across PPG this year include renovations of facilities in Amsterdam; Rueil-Malmaison, France; Prague; and Mexico City; as well as an expansion of the Zhangjiagang plant in China and the opening of a Battery Pack Application Center in Tianjin.

The opening of the customer and employee experience center marked the 140th anniversary of the founding of PPG in 1883 as Pittsburgh Plate Glass Company. Over its history, the company has strategically transformed to become a leading paint, coatings and specialty materials manufacturer, with more than 52,000 employees in more than 70 countries.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

CATEGORY Corporate

PPG Media Contact:

Mark Silvey

Corporate Communications

[email protected]

www.ppg.com

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Interior Design Chemicals/Plastics Other Construction & Property Residential Building & Real Estate Manufacturing Commercial Building & Real Estate Construction & Property

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PPG opened a customer and employee experience center at its global headquarters in Pittsburgh. The center showcases innovative paints, coatings and specialty materials and technologies from across the organization. The opening of the customer and employee experience center also marks the 140th anniversary of PPG. (Photo: Business Wire)
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PPG opened a customer and employee experience center at its global headquarters in Pittsburgh. The center showcases innovative paints, coatings and specialty materials and technologies from across the organization. The opening of the customer and employee experience center also marks the 140th anniversary of PPG. (Photo: Business Wire)
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PPG opened a customer and employee experience center at its global headquarters in Pittsburgh. The center showcases innovative paints, coatings and specialty materials and technologies from across the organization. The opening of the customer and employee experience center also marks the 140th anniversary of PPG. (Photo: Business Wire)

Cygnus Technologies Receives 2023 R&D 100 Award for MockV® RVLP Kit

LELAND, N.C., Aug. 23, 2023 (GLOBE NEWSWIRE) — Cygnus Technologies, part of Maravai LifeSciences (Maravai) (NASDAQ: MRVI), the leading product and services provider for the detection and characterization of process-related impurities in biopharmaceuticals, received a 2023 R&D 100 Award from R&D World Magazine in the Analytical/Test category for the MockV® RVLP Kit.

The MockV® RVLP Kit enables bioprocess scientists to determine Retrovirus Like Particle (RVLP) removal during biopharmaceutical manufacturing in Chinese Hamster Ovary (CHO) cell lines. The kit includes a biosafety level-1 (BSL-1) compatible RVLP stock solution and all the necessary reagents to quantify RVLP removal using a 96-well plate assay in less than one day.

“We are honored to be recognized among many innovative companies pushing the boundaries of what is possible in R&D,” said Christine Dolan, Cygnus Technologies Chief Operating Officer. “This award exemplifies our dedication to improving biopharmaceutical manufacturing safety with our accurate and reliable MockV® viral clearance technology. We thank the staff at R&D World and the esteemed judging panel for recognizing the ingenuity of product line inventor, David Cetlin, and his team at Cygnus.”

“During the production of monoclonal antibody therapies, regulatory agencies require proof that downstream purification steps can effectively remove or inactivate retrovirus. Historically, this has been demonstrated through the use of a model mammalian virus, Xenotropic Murine Leukemia Virus (XMuLV), which requires high costs and specialized contract research organization (CRO)-led viral clearance “spiking” studies,” commented David Cetlin, Cygnus Technologies Senior Director of R&D. “Using the MockV® RVLP Kit, scientists can gain actionable insight into retroviral clearance whenever they wish, from their own lab bench, at a fraction of the costs associated with XMuLV studies.”

Cygnus’s MockV® technology addresses the barriers imposed by live viral clearance studies through novel viral surrogates called Mock Viral Particles (MVPs). MVPs are engineered to mimic the physical and chemical characteristics of viruses but are non-infectious and can be handled safely and easily to predict the outcomes of CRO-led spiking studies early in process development. Cygnus’s MockV® RVLP Kit enables biopharmaceutical companies to develop manufacturing processes to effectively remove viral impurities for the production of safe biotherapeutics.

About the R&D 100 Awards

Established in 1963, the R&D 100 Awards is the only S&T (science and technology) awards competition that recognizes new commercial products, technologies and materials for their technological significance that are available for sale or license. The R&D 100 Awards program identifies and celebrates the top 100 revolutionary technologies of the past year. Learn more at www.rd100awards.com.

About Cygnus Technologies, LLC

Cygnus Technologies, part of Maravai LifeSciences, is the biopharmaceutical industry’s partner in host cell protein (HCP) and other process-related impurity detection and analytics as well as in innovative viral clearance solutions. Cygnus helps companies developing therapeutic proteins, vaccines, antibodies, plasma derivatives and gene therapies to ensure the safety of biotherapeutics prior to human trials, regulatory approval and commercial release. For more information on Cygnus Technologies, please visit www.cygnustechnologies.com.

About Maravai

Maravai is a leading life sciences company providing critical products to enable the development of drug therapies, diagnostics and novel vaccines. Maravai’s companies are leaders in providing products and services in the fields of nucleic acid synthesis and biologics safety testing to many of the world’s leading biopharmaceutical, vaccine, diagnostics, and cell and gene therapy companies.

For more information about Maravai LifeSciences, visit www.maravai.com.



Contact Information:

Media Contact:
Sara Michelmore
MacDougall Advisors
+1 781-235-3060
[email protected]

Investor Contact:
Deb Hart
Maravai LifeSciences
+1 858-988-5917
[email protected]

Wayne Bank Ranks Amongst Top Banks in Country

HONESDALE, Pa., Aug. 23, 2023 (GLOBE NEWSWIRE) — Wayne Bank, a subsidiary of Norwood Financial Corp (Nasdaq Global Market – NWFL), was recently ranked by Bank Director magazine as one of the top 25 best banks in the country in their Ranking Banking, The Best US Banks 2023 publication. Wayne Bank was also ranked number ten (#10) in the country for banks in the $1B-$5B asset size category.

Bank Director applied a consistent set of metrics to determine the best banks, based on calendar year 2022 results. Wayne Bank was evaluated on its profitability, capital adequacy, asset quality, and total shareholder return. For this 2023 study, Bank Director identified The Best U.S. Banks2023: those that balance growth and profitability, deliver long-term shareholder value, and execute their goals in a safe and sound manner. They also examined factors that drive performance, including growth, leadership, board oversight, and technological innovation.

President and Chief Executive Officer, James O. Donnelly, stated, “We are delighted and honored to be on both prestigious lists of The Best U.S. Banks 2023. Our inclusion in the Top 25 Banks in the Country overall is an accomplishment we have never before achieved. Last year, Wayne Bank was ranked at number seventy-one for banks in our asset size. This year we are proud to say that our dedication and commitment to shareholders, employees, customers, and our communities has helped us rise to number ten in our asset size. This is a testament to the dedication of our employees and to executing our strategic vision.”

Wayne Bank is a subsidiary of Norwood Financial Corp., Member FDIC, and is located in Honesdale, Pennsylvania. The Bank has 29 Community Offices serving Wayne, Pike, Monroe, Lackawanna, and Luzerne Counties in Pennsylvania, along with Delaware, Sullivan, Otsego, Ontario, and Yates Counties in New York, including those offices operating under the Bank of Cooperstown and Bank of the Finger Lakes brands. The stock trades on the NASDAQ Global Market under the symbol— NWFL

Contact: Kristen E. Lancia, CFMP, Vice President
Email: [email protected]
Phone: (570) 253-8594



CACI Awarded $125 Million Contract to Provide C5ISR Support to the U.S. Naval Air Warfare Center Aircraft Division (NAWCAD)

CACI Awarded $125 Million Contract to Provide C5ISR Support to the U.S. Naval Air Warfare Center Aircraft Division (NAWCAD)

RESTON, Va.–(BUSINESS WIRE)–
CACI International Inc (NYSE: CACI) announced today that it was awarded a five-year single-award, indefinite delivery indefinite quantity mission technology contract, called Crisis Response and Interoperable C5 Electronic Systems (CRIC-ES), valued at up to $125 million for the U.S. Navy’s Naval Air Warfare Center Aircraft Division (NAWCAD). CACI has supported the NAWCAD for more than 30 years.

“CACI has a long history with the Navy, and we are proud of the NAWCAD’s continued confidence in us as the most proficient provider to meet the C5ISR needs of our warfighters,” said John Mengucci, CACI President and Chief Executive Officer. “Our dedicated team will continue to deliver mission-specific, advanced solutions at a rapid pace to ensure the success of the Navy’s crisis responders.”

On this contract, which was awarded in the fourth quarter of fiscal year 2023, CACI will continue to provide vital full life cycle support for Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR) systems, including engineering and design, rapid prototyping, fabrication, and integration. These tailored C5ISR solutions operate on multiple platforms supporting on-the-ground end users such as Department of Defense Combatant Commands and disaster recovery/first responders.

About CACI

At CACI International Inc (NYSE: CACI), our 23,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and technology to meet our customers’ greatest challenges in national security and government modernization. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World’s Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at caci.com.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

NAVAIR Public Release 2023-600. Distribution Statement A – Approved for public release; distribution is unlimited.

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(703) 434-4165, [email protected]

Investor Relations:

George Price

Senior Vice President, Investor Relations

(301) 704-8705, [email protected]

KEYWORDS: United States North America District of Columbia Virginia

INDUSTRY KEYWORDS: Other Defense Contracts White House/Federal Government Security Aerospace Manufacturing Technology Defense Public Policy/Government Air Military Transport Other Technology Software Networks

MEDIA:

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Zapp EV Announces Insider Buying

LONDON, Aug. 23, 2023 (GLOBE NEWSWIRE) — Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV”, or the “Company”), owner of Zapp, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced that members of its senior management team, including CEO Swin Chatsuwan, President Jeremy North, Chief Legal Officer Theodore Allegaert and Chief Commercial Officer David McIntyre, made open-market purchases of 24,800 Company shares between July 27, 2023 and August 18, 2023, at an average price of $1.49 per share. This included the purchase by Mr. Chatsuwan of 17,900 shares at a price of $1.50 per share.

About Zapp EV

Zapp EV (Nasdaq: ZAPP) and its operating subsidiaries are run by a team of experts from the mobility industry, on a mission to redefine the electric two-wheeler segment. Zapp’s debut product, the i300, is an urban electric high-performance two-wheeler capable of traditional motorcycle levels of performance in a step-through format, combining ease of use with exhilaration and fun. The i300 is the first in a suite of high-performance electric two-wheelers that Zapp plans to bring to market. Zapp will offer a high-quality direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). Customers ordering the i300 online will have their bikes conveniently delivered to their home by authorized “Zappers,” who will provide at-home inspection, service and support throughout the vehicle ownership lifecycle. Zapp is a registered trademark of Zapp Electric Vehicles Limited in the United Kingdom and other countries. For more information, visit www.zappev.com.

Investor Relations Contact:

Mark Kobal
Head of Investor Relations
[email protected]

Global Media Relations Contact:

Influence Emobility
Lisa Palmer
+44 (0) 7956 710028
[email protected] 

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of 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 (or the “Exchange Act”). Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “budget,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are not historical facts but rather are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events and results to differ materially from those expressed or implied by the forward-looking statements in this document, including but not limited to various general and specific risks and uncertainties associated with the Company’s business and finances in general.

Readers should review and carefully consider the risks and uncertainties described in the “Risk Factors” section of Zapp EV’s registration statement on Form F-4, as amended (File No. 333-268857), which is incorporated herein by reference, and other documents the Company files with or furnishes to the U.S. Securities and Exchange Commission from time to time. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those expressed or implied by the forward-looking statements herein. The forward-looking statements herein represent the Company’s views as of the date of this document. Subsequent events and developments may cause these views to change. Readers are cautioned not to place undue reliance on the forward-looking statements herein, all of which are qualified by these cautionary statements. Zapp EV assumes no obligation and does not intend to update or revise the forward-looking statements herein, whether as a result of new information, future events, or otherwise. Zapp EV does not give any assurance that it will achieve its expectations. The inclusion of any statement in this document does not constitute an admission by Zapp EV or any other person that the events or circumstances described in any such statements are material.



Windtree Announces Issuance of Composition of Matter Patent for Dual Mechanism SERCA2a Activators by the US Patent and Trademark Office

Patent provides protection through late 2039 for drug candidates with potential to improve cardiac function in heart failure patients

WARRINGTON, Pa., Aug. 23, 2023 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or the “Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing late-stage interventions for cardiovascular disorders, today reported that the United States Patent and Trademark Office (USPTO) has issued US Patent No. 11,730,746 covering the Company’s dual mechanism SERCA2a Activators. The new composition of matter patent, titled: “17BETA-HETEROCYCLYL-DIGITALIS LIKE COMPOUNDS FOR THE TREATMENT OF HEART FAILURE,” provides patent protection through late 2039.  

The newly issued patent follows the Company’s announcement in April 2023 that the European Patent Office granted Patent No. 3599243, which also provides patent coverage for the dual mechanism SERCA2a Activator class of drug candidates. Windtree has preclinical drug candidates with dual mechanisms of action (inhibition of the Na+/K+ pump and activation of SERCA2a) as well as pure SERCA2a activators (devoid of action on the Na+/K+ pump).

SERCA2a has been known to play a key role in heart failure and has thus been a much sought after but elusive target for several potential drug therapies. Istaroxime and these follow-on SERCA2a Activators look to deliver on the potential of SERCA2a activation in heart failure. The dual mechanism compounds activate SERCA2a and inhibit the Na+/K+ pump in a manner similar to istaroxime, which is administered intravenously (IV) and is the Company’s lead program for cardiogenic shock and acute decompensated heart failure. These new dual mechanism SERCA2a Activator product candidates are intended to be both oral and IV therapies, which could result in a hospital inpatient therapy for acute decompensated heart failure as well as an outpatient oral therapy for hospital discharge and chronic heart failure treatment.

“We are making steady progress with our IP portfolio strategy for the dual mechanism SERCA2a Activator family of drug candidates,” said Craig Fraser, Chief Executive Officer of Windtree Therapeutics. “We plan to position these new compounds as a ‘fast follow-on’ to istaroxime while offering the potential of oral bioavailability for use as a treatment for chronic heart failure. Much may be accomplished for heart failure patient treatment with this innovation.”

About Dual Mechanism SERCA2a Activators

Dual Mechanism SERCA2a Activators activate SERCA2a and inhibit the Na+/K+ pump. Windtree Therapeutic’s research program is evaluating these preclinical product candidates, including oral and intravenous SERCA2a Activator heart failure compounds.

About Istaroxime

Istaroxime is a first-in-class dual mechanism therapy designed to improve both systolic and diastolic cardiac function. Istaroxime is a positive inotropic agent that increases myocardial contractility through inhibition of Na+/K+- ATPase with a complimentary mechanism that facilitates myocardial relaxation through activation of the SERCA2a calcium pump on the sarcoplasmic reticulum enhancing calcium reuptake from the cytoplasm. Data from multiple Phase 2 studies in patients with early cardiogenic shock or acute decompensated heart failure demonstrate that istaroxime infused intravenously significantly improves cardiac function and blood pressure without increasing heart rate or the incidence of cardiac rhythm disturbances.

About Windtree Therapeutics, Inc.

Windtree Therapeutics, Inc. is advancing late-stage interventions for cardiovascular disorders to treat patients in moments of crisis. Using new scientific and clinical approaches, Windtree is developing a multi-asset franchise anchored around compounds with an ability to activate SERCA2a, with lead candidate, istaroxime, being developed as a first-in-class treatment for cardiogenic shock and acute decompensated heart failure. Windtree’s heart failure platform includes follow-on pre-clinical SERCA2a activator assets as well. In pulmonary care, Windtree has focused on facilitating the transfer of the KL4 surfactant platform, to its licensee, Lee’s Pharmaceutical (HK) Ltd. and Zhaoke Pharmaceutical (Hefei) Co. Ltd. Included in Windtree’s portfolio is rostafuroxin, a novel precision drug product targeting hypertensive patients with certain genetic profiles.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. The Company may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are based on information available to the Company as of the date of this press release and are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company’s current expectations. Examples of such risks and uncertainties include: risks and uncertainties associated with the economic and social consequences of the COVID-19 pandemic, including any adverse impact on the Company’s clinical trials, clinical trial timelines or disruption in supply chain; the success and advancement of the clinical development programs for istaroxime and the Company’s other product candidates; the Company’s ability to secure significant additional capital as and when needed; the Company’s ability to access the debt or equity markets; the Company’s ability to manage costs and execute on its operational and budget plans; the results, cost and timing of the Company’s clinical development programs, including any delays to such clinical trials relating to enrollment or site initiation; risks related to technology transfers to contract manufacturers and manufacturing development activities; delays encountered by the Company, contract manufacturers or suppliers in manufacturing drug products, drug substances, and other materials on a timely basis and in sufficient amounts; risks relating to rigorous regulatory requirements, including that: (i) the U.S. Food and Drug Administration or other regulatory authorities may not agree with the Company on matters raised during regulatory reviews, may require significant additional activities, or may not accept or may withhold or delay consideration of applications, or may not approve or may limit approval of the Company’s product candidates, and (ii) changes in the national or international political and regulatory environment may make it more difficult to gain regulatory approvals and risks related to the Company’s efforts to maintain and protect the patents and licenses related to its product candidates; risks that the Company may never realize the value of its intangible assets and have to incur future impairment charges; risks related to the size and growth potential of the markets for the Company’s product candidates, and the Company’s ability to service those markets; the Company’s ability to develop sales and marketing capabilities, whether alone or with potential future collaborators; the rate and degree of market acceptance of the Company’s product candidates, if approved; and the impacts of political unrest, including as a result of geopolitical tension, including the conflict between Russia and Ukraine, the People’s Republic of China and the Republic of China (Taiwan), and any sanctions, export controls or other restrictive actions that may be imposed by the United States and/or other countries which could have an adverse impact on the Company’s operations, including through disruption in supply chain or access to potential international clinical trial sites, and through disruption, instability and volatility in the global markets, which could have an adverse impact on the Company’s ability to access the capital markets. These and other risks are described in the Company’s periodic reports, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, filed with or furnished to the Securities and Exchange Commission and available at www.sec.gov. Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.

Contact Information:

Matt Epstein
[email protected]