Market Newsdesk

CINCINNATI, Oct. 10, 2023 (GLOBE NEWSWIRE) — Blue Water Biotech, Inc. (Nasdaq: BWV), which is focused on developing and commercializing transformational therapies to address significant global health challenges, today announced the appointments of Dr. Neil J. Campbell as President and CEO and Bruce Harmon as CFO, effective immediately. Dr. Campbell has also joined the Company’s board of directors.

Dr. Campbell has more than 35 years of experience with public and private companies focused on biopharmaceuticals, health technologies, nanotechnologies, artificial intelligence and super-computing. He has held leadership positions with IGEN International, now Roche; Celera Genomics; and Abbott Laboratories. In addition, he has worked as a venture capital partner and private equity advisor. He currently serves as chairman of Mosaigen®, a commercial development company, and Patriax Industries™, a protective device company.

James Sapirstein, Blue Water Biotech’s Lead Independent Director, said, “Neil is an exceptional businessman and leader who is well-suited for Blue Water Biotech. He has the proven ability to help us continue the Company’s transformation to maximize shareholder value. This involves the evaluation of our current programs as well as the identification of new opportunities. We are fortunate to have him at the helm of the Company.”

Dr. Campbell, added, “I am energized by this opportunity that involves market-ready commercial assets. My priority is to work with the team to build a company that brings important medicines to market and, at the same time, increase shareholder value. Furthermore, I am pleased with the addition of Bruce as our CFO. He has worked with me many times over the years. Bruce will be a key member of our team, and his appointment reflects our commitment to put forth the strongest, most experienced leadership group to drive the Company forward.”

Prior to joining Blue Water Biotech, Dr. Campbell was president, CEO and a director of Marizyme Inc. He also founded and served as chairman and CEO of Celios®, a respiratory device company that was acquired by a private investment group. Prior to this, Dr. Campbell was the co-founder, president and CEO of Helomics, a personalized healthcare company focused on next-generation oncology and immune therapeutics and diagnostics. This company was acquired by a private equity investor. Dr. Campbell also held senior executive positions with SuperNova Diagnostics, EntreMed Pharmaceuticals and Life Technologies.

Dr. Campbell has been a faculty member at Johns Hopkins University and Medical Institutes, Hong Kong University of Science and Tech, University of Liverpool, University of Baltimore and Duquesne University. He earned a bachelor of science degree from Norwich University, a master’s degree and MBA from Webster University, and a doctorate from the University of Liverpool.

Mr. Harmon has more than 40 years of experience in financial positions with life sciences companies and various other industries. He replaces Jon Garfield, who has left the company. Mr. Harmon has served in a variety of roles, including chief financial officer, controller, chief executive officer and audit committee chairman.

Immediately prior to joining Blue Water Biotech, he was an independent consultant who served in the outsourced CFO capacity for multiple publicly traded companies since 2008.

During this time, Mr. Harmon was CFO of Marizyme Inc., the CFO of bioAffinity Technologies Inc. and a director of Dale Biotech LLC. Through his consulting business, Lakeport Business Services Inc., he worked with numerous companies. He has extensive experience with fundraising, public offerings, mergers and acquisitions, and turnarounds. Earlier in his career, he was a member of a team that, at the invitation of the Environmental Programmé, presented a green building product to delegates at the United Nations. He earned a bachelor of science degree in accounting from Missouri State University.

Forward-Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. These forward-looking statements There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, market and other conditions, risks related to Blue Water’s ability to realize the benefits of its products, risks related to Blue Water’s ability to expand its business scope, commercialize and integrate the assets and commercial operations being acquired, into Blue Water’s business; risks related to Blue Water’s ability to attract, hire and retain skilled personnel and establish an effective sales team; risks related to Blue Water’s ability to establish, maintain and optimize key third party commercial collaboration); risks related to the Company’s present need for capital to close its asset acquisitions, commercially launch the Company’s acquired products and have adequate working capital; risks related to the development of Blue Water’s vaccine candidates; the failure to obtain FDA clearances or approvals and noncompliance with FDA regulations; risks related to the timing and progress of clinical development of our product candidates; uncertainties of patent protection and litigation; uncertainties of government or third party payor reimbursement; limited research and development efforts and dependence upon third parties; and substantial competition. As with any commercial-stage pharmaceutical product or any product candidate under clinical development, there are significant risks in the development, regulatory approval, and commercialization of pharmaceutical products. Blue Water does not undertake an obligation to update or revise any forward-looking statement. Investors should read the risk factors set forth in Blue Water’s Annual Report on Form 10-K, filed with the SEC on March 9, 2023, and periodic reports filed with the SEC on or after the date thereof. All of Blue Water’s forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof.

Media Contact Information:
Blue Water Media Relations
Telephone: (646) 942-5591
Email: [email protected]

Investor Contact Information:
Blue Water Investor Relations
Email: [email protected]

For more information about Blue Water, visit www.bwbioinc.com

ANDOVER, Mass., Oct. 10, 2023 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI) (MKS), a global provider of enabling technologies that transform our world, today released its third annual Environmental, Social, Governance (ESG) Report, which highlights MKS’ continued commitment to ESG issues.

“At MKS, we go where the hardest problems are,” said John T.C. Lee, President and Chief Executive Officer of MKS. “Climate change is one of the greatest challenges of our time, and we believe that MKS is uniquely positioned to create solutions that help address this challenge.”

Mr. Lee added, “We also recognize we have a responsibility to operate our own business in a responsible manner. We strive to reduce the carbon footprint of our operations and believe we can help our customers do the same. Our vision is to enable technologies that transform our world. As more and more of our customers and value chain partners set ambitious decarbonization goals, MKS is committed to supporting their progress in furthering global environmental efforts.”

The Report details the progress MKS has made toward the achievement of its key ESG objectives. Highlights include:

• Our renewed sustainability strategy, governance, and organization.
• Consolidated environmental and social metrics across key parameters following the closing of the Atotech acquisition in August 2022.
• Expanded data collection of environmental metrics across emissions, water, and waste for our global operations.
• Our commitment to setting emission reduction targets in line with the Science Based Targets Initiative (SBTi).
• Our continued focus on global diversity, equity and inclusion initiatives and improved scoring in our second annual employee engagement survey.

The Report is available to view here and includes relevant disclosures related to the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD) standards.

About MKS Instruments
MKS Instruments, Inc. enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.

Company Contact:
David Ryzhik
Vice President, Investor Relations
Telephone: (978) 557-5180
Email: [email protected]

Press Relations: 
Bill Casey 
Senior Director, Marketing Communications 
Telephone: (630) 995-6384 
Email: [email protected]

Kerry Kelly, Partner
Kekst CNC
Email: [email protected]

CHARLOTTE, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Brock Hively, CFP®, CPFA®, AIF®, Josh Smeltzer, PPC, AIF®, Aaron Gingrich, CPFA®, AIF®, and Emily Sides, CPFA®, AIF® have joined LPL Financial to launch a new independent practice, Sides Wealth Advisory Group. They chose to affiliate with LPL’s supported independence model, LPL Strategic Wealth Services, and reported having served approximately $900 million in advisory, brokerage and retirement plan assets*. They join LPL from RBC.

Now one of York, Pa.’s leading financial advisory firms, the practice was founded by Scott Sides in 1987. He steadily built the team over the years, partnering with advisors who shared his commitment to improving their clients’ lives. Now, the entire team is committed to continuing Scott’s legacy and building on his vision for the practice.

“At Sides Wealth Advisory Group, honesty and integrity are our guiding principles,” said Hively, whose areas of focus include comprehensive wealth management, investment research and asset allocation. “We strive to be transparent, keep it simple and call things as we see them—and always with compassion. It’s an approach that earns our clients’ respect and helps us build partnerships that span generations.”

Looking for more control and ownership of their business, as well as the flexibility to provide more customized support, the team turned to LPL Strategic Wealth Services.

“We all share an entrepreneurial mindset and recognize the value of owning our business,” Smeltzer said. “By moving to LPL, we have the freedom to design and build our firm on our own terms, where clients’ best interests are always first.”

Sides added, “We look forward to tapping into LPL’s innovative tools and resources to create differentiated experiences as we deepen existing client relationships and develop new ones. We’re excited to have more flexibility and take a more personal approach.”

Moving to LPL Strategic Wealth Services

The team appreciates the added layer of resources provided by LPL Strategic Wealth Services, which is designed for financial advisors who want to own their business without the burden of operational and business management responsibilities.

Advisors who use Strategic Wealth have access to LPL’s integrated wealth management platform, along with an added layer of ongoing strategic support for daily operations and long-term business management. They benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice at LPL. Then, after the transition is complete, Strategic Wealth teams receive ongoing operations support managed by a team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact and dedicated resources, ultimately allowing them to stay focused on the needs of their clients, culture and the evolution of their practice.

“We all see the value of owning our business, but we understand the best use of our time is with our clients,” Gingrich said. “With Strategic Wealth Services, we’re in control of our practice, and can leverage the support and resources we need to help us serve our clients and continue to grow.”

Outside of work, the team is heavily involved in the community. Hively is a current member and past President of the Executive Referral Network. Smeltzer serves on the board of Leadership York and is a past co-chair of the South Central Pennsylvania Board of the American Heart Association. Gingrich serves on the Board and Finance Committee for the Horn Farm Center and is a volunteer with the Junior Achievement of South Central Pennsylvania. Sides is a member of the Women in Pensions Network.

Scott Posner, LPL Executive Vice President, Business Development, stated, “We welcome Brock, Josh, Aaron and Emily to the LPL community and are inspired by their mission to continue Scott’s legacy as they create an independent practice where clients come first. We are committed to being their long-term partner, delivering a sophisticated wealth management platform and robust business resources to help them differentiate their practice. We’re proud to stand side-by-side with the Sides Wealth Advisory Group team as they begin this exciting new journey with LPL.”

Related

Advisors, find an LPL business development representative near you.

About LPL Financial


LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and enterprises, and not the other way around. Today, LPL is a leader in the markets we serve, serving nearly 22,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 550 registered investment advisor (“RIA”) firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and enterprise leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and enterprises, so they can take care of their clients.

Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Sides Wealth Advisory Group and LPL Financial are separate entities.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

*Value approximated based on asset and holding details provided to LPL from year-end 2022.

Connect with Us!

https://twitter.com/lpl

https://www.linkedin.com/company/lpl-financial

https://www.facebook.com/LPLFinancialLLC

https://www.youtube.com/user/lplfinancialllc

Media Contact:



[email protected]


(704) 996-1840

Tracking #487340

Celebration, FL, Oct. 10, 2023 (GLOBE NEWSWIRE) — La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced the pricing of its underwritten initial public offering of 1,000,000 shares of common stock at an initial public offering price of $5.00 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be $5,000,000. In addition, the Company has granted the underwriters a 45-day option to purchase up to 150,000 additional shares of common stock at the initial public offering price, less the underwriting discount.

The shares are expected to begin trading on The Nasdaq Capital Market on October 10, 2023 under the ticker symbol “LRHC”. The offering is expected to close on October 12, 2023, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds of the initial public offering for general corporate purposes, which may include financing growth by acquiring more agents at a faster pace, repayment of debt, developing new services, acquisitions of controlling interest in a number of the Company’s franchisees, the acquisition of other independent real estate brokerages, title insurance agencies, mortgage brokerages and other complementary businesses, general operating expenses and the purchase and acquisition of proprietary technology.

Advisor Details

Alexander Capital L.P. is acting as sole book-running manager for the offering. Sichenzia Ross Ference Carmel LLP served as counsel to the Company. Pryor Cashman LLP served as counsel to the underwriters.

The securities described above are being offered by La Rosa pursuant to a registration statement on Form S-1, as amended (File No. 333-264372) that was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 4, 2023. The offering is being made only by means of a prospectus forming a part of the effective registration statement. A copy of the final prospectus related to the offering, when available, may be obtained from Alexander Capital L.P., 10 Drs James Parker Boulevard #202, Red Bank, NJ  07701, Attention: Equity Capital Markets, or by calling (212) 687-5650 or emailing [email protected] or by logging on to the SEC’s website at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

La Rosa Holdings Corp.

La Rosa is a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies. In addition to providing person-to-person residential and commercial real estate brokerage services to the public, the Company cross-sells ancillary technology-based products and services primarily to its sales agents and the sales agents associated with their franchisees. La Rosa’s business is organized based on the services they provide internally to their agents and to the public, which are residential and commercial real estate brokerage, franchising, real estate brokerage education and coaching, and property management. La Rosa has five La Rosa Realty corporate real estate brokerage offices located in Florida, 28 La Rosa Realty franchised real estate brokerage offices in six states in the United States and Puerto Rico. The Company’s real estate brokerage offices, both corporate and franchised, are staffed with more than 2,380 licensed real estate brokers and sales associates.

Forward-Looking Statements

This press release includes statements that may be deemed to be “forward-looking statements” under federal securities laws, and we intend that such forward-looking statements be subject to the safe-harbor created thereby. To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as “should”, “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” and “proposes.” Specific forward-looking statements in this press release include, among others, statements regarding the expected trading of our shares on The Nasdaq Capital Market, the expected closing of the offering, and the intended use of the net proceeds of the offering. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially and adversely from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in the prospectus included in the Registration Statement and elsewhere in documents that we file from time to time with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and La Rosa does not undertake any duty to update any forward-looking statements except as may be required by law. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

For more information, contact: [email protected]

Investor Relations Contact:

Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: [email protected]

JERSEY CITY, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) — AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced the launch of AvePoint Opus, its AI-powered information lifecycle management solution, at #shifthappens Conference 2023. As part of the AvePoint Confidence Platform’s Resilience Suite, AvePoint Opus is a comprehensive solution that enables organizations to discover, classify, protect and manage their data across Microsoft 365 accurately and at scale.

AvePoint Opus is a robust information lifecycle management solution that ensures organizations can manage all stages of the data lifecycle and represents the next generation of AvePoint’s Resilience solutions. A key component of AvePoint Opus is AvePoint Maestro, which uses AI models powered by Azure Machine Learning to analyze content and metadata and assign appropriate policies to documents.

With AvePoint Opus, organizations can now achieve the following:

• Manage Information and Ensure Compliance: Automatic data classification, powered by AI, helps reduce the risks associated with information over-retention or accidental data deletion to meet compliance standards.
• Optimize Cloud Storage: Specific rules ensure organizations meet retention and disposal requirements to reduce excess cloud storage costs, so that organizations maintain greater control over their budgets.
• Streamline Processes: Automatic records management removes time intensive work, allowing organizations to focus on higher value projects and speeding time-to-value for organizations seeking data-driven insights.

“Organizations today are excited about the power of AI and machine learning to transform business, but to truly unlock this technology, they need a comprehensive data strategy that will accurately analyze, govern and classify their data,” said Dr. Tianyi Jiang (TJ), Co-founder and CEO, AvePoint. “AvePoint Opus provides a solution that is automated and capable of learning over time, allowing organizations to manage the troves of data they produce today to build that data foundation, maintain compliance and reduce storage costs.”

AvePoint Opus uses an AI model that rapidly identifies and classifies content in weeks, as opposed to years if done manually. The Australian Transport Safety Bureau, for example, has already benefitted from this efficiency.

“AvePoint has always had a modern information management solution, which allows the Australian Transport Safety Bureau team to seamlessly integrate recordkeeping and compliance as part of their responsibilities,” said Angelo Santosuosso, IT, Property & Security at the Australian Transport Safety Bureau. “New capabilities within AvePoint Opus will enhance our organization and we look forward to continuing to work together.”

In addition, by integrating more AI capabilities, AvePoint’s channel partner ecosystem will be equipped with smarter, more automated tools to manage and protect their clients’ data and collaboration environments.

“With the rapid growth of cloud data, our customers are experiencing a host of information management challenges,” said Jacqueline Stockwell, CEO and Founder, Leadership through Data Limited. “AvePoint Opus and its industry leading AI-powered data classification capabilities helps us empower our customers to better manage their information, minimize cloud storage costs, improve efficiencies and truly thrive in the digital workplace.”

AvePoint has a track record of innovation spanning more than 20 years, aimed at providing solutions that democratize insights and provide recommendations and comprehensive protection for customers and partners. Built upon a robust data management strategy, AvePoint Opus is one of many AI-powered solutions the company plans to introduce.

For more information on AvePoint Opus, visit the website 
https://www.avepoint.com/products/cloud/avepoint-opus

About AvePoint


Collaborate with Confidence. AvePoint provides the most advanced platform to optimize SaaS operations and secure collaboration. Over 17,000 customers worldwide rely on our solutions to modernize the digital workplace across Microsoft, Google, Salesforce and other collaboration environments. AvePoint’s global channel partner program includes over 3,500 managed service providers, value added resellers and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.

Disclosure Information


AvePoint uses the https://ir.avepoint.com/ website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Forward-Looking Statements

  
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements 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 to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Quarterly Report on Form 10-Q and its registration statement on Form S-1 and related prospectus and prospectus supplements filed with the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC’s website, www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations.  

Investor Contact   
AvePoint  
Jamie Arestia  
[email protected]  
(551) 220-5654  

Media Contact  
AvePoint  
Nicole Caci  
[email protected]    
(201) 201-8143

-24-Month Open Label Extension Data from HOPE-2 Study Supports CAP-1002’s Sustained Efficacy and Safety in Treating Duchenne Muscular Dystrophy-

-Company’s StealthX™
 Technology Shows Promise of Exosome-Based Delivery of ASOs-

SAN DIEGO, Oct. 10, 2023 (GLOBE NEWSWIRE) — Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company focused on the development of transformative cell and exosome-based therapeutics for the treatment and prevention of muscular and other select diseases, today announced data from two late-breaking posters presented at this year’s 28^th International Annual Congress of the World Muscle Society (WMS) which took place in Charleston, South Carolina, from October 3-7, 2023. Presentations included data from the two-year open label extension (OLE) of the HOPE-2 clinical trial highlighting the efficacy of Capricor’s lead asset, CAP-1002 to treat patients with Duchenne muscular dystrophy (DMD), and preclinical data showing the potential of the Company’s proprietary StealthX™ exosome platform to enhance the delivery of antisense oligonucleotides (ASOs).

Late-Breaking Poster



: Capricor’s 24-Month HOPE-2 Results Show CAP-1002’s Long-Term Safety and Efficacy in Patients with Late-Stage DMD

Data from the Company’s HOPE-2 OLE study measured by the Performance of the Upper Limb (PUL 2.0) showed a mean PUL 2.0 decline after 24-months of treatment with CAP-1002 was 2.8 points versus a 7.7-point decline on average observed over 24-months in the placebo patient group (delta change=4.9 points, p=0.021). The average rate of decline in CAP-1002 treated patients showed an attenuation of disease progression by approximately 64%. Additionally, CAP-1002 revealed clinically meaningful improvements in ameliorating cardiac function. The data showed that cardiac function, as measured by left ventricular ejection fraction (LVEF%) by MRI at the 24-month timepoint, improved in 67% of patients, compared to a steady decline in a comparable natural history population.

Late-Breaking Poster



: StealthX™


 Platform for Enhanced Exosome-Based ASO Delivery

One of the predominant strategies for treating DMD has been through the employment of antisense oligonucleotides to exclude exons resulting in DMD proteins with partially restored function. The main challenge of antisense drugs is to improve their delivery to target tissues. To overcome this challenge, a muscle-targeting moiety was engineered on the surface of the exosomes using Capricor’s StealthX™ technology. The study results showed the presence of exosomes loaded with a labeled ASO in the lower limbs of mice 24 hours post-injection. Notably, the exosomes carrying the muscle-targeting moiety were not detected in any other tissues except for the expected clearance pathways (kidney and liver). This early data suggests that Capricor’s StealthX™ technology holds promise for enhancing the delivery of ASO therapies to muscle tissues, potentially leading to improved functional restoration.

“Capricor remains focused on our mission to develop and commercialize therapies for DMD and the data presented at this year’s WMS support that goal,” said Linda Marbán, Ph.D., Capricor’s Chief Executive Officer. “The 24-month OLE data show long-term efficacy and attenuation of disease progression, which demonstrate its potentially broad therapeutic use across all stages of DMD. Most importantly, CAP-1002 continues to show a favorable safety profile. Building on this momentum, we look forward to delivering on important milestones for this program, including the completion of enrollment of our HOPE-3, Phase 3 study, reporting the outcome of the interim futility analysis in the fourth quarter of 2023 and reporting top-line data in late 2024. While our major focus is on commercializing CAP-1002, we continue to progress our proprietary StealthX™ program by demonstrating that we can target, load and deliver exosomes. This is part of our long-term plan to leverage our exosome platform for the development of therapeutics.”

Session Details: Session 4 was showcased from 3:30-4:30 ET on October 6, 2023 and data was embargoed until that time. Abstract Numbers: LBP12 and LBP13

The full WMS Congress program is available here.

The Capricor posters are available on the publications section of the Capricor website.

About Capricor Therapeutics

Capricor Therapeutics, Inc. (NASDAQ: CAPR) is a biotechnology company focused on the development of transformative cell and exosome-based therapeutics for the treatment and prevention of muscular and other select diseases. Capricor’s lead candidate, CAP-1002, is an allogeneic cardiac-derived cell therapy that is currently in late-stage clinical development for treating Duchenne muscular dystrophy. Further, Capricor has entered into a partnership for the exclusive commercialization and distribution of CAP-1002 for DMD in the United States and Japan with Nippon Shinyaku Co., Ltd. (U.S. subsidiary: NS Pharma, Inc.), subject to regulatory approval. Capricor is also developing its exosome technology as a next-generation therapeutic platform. Our proprietary StealthX™ exosome platform has potential for a broad range of new therapeutic applications in the field of vaccinology as well as targeted oligonucleotide, protein and small molecule therapeutics to treat or prevent a variety of diseases. For more information, visit capricor.com, and follow Capricor on Facebook, Instagram and Twitter.

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release regarding the efficacy, safety, and intended utilization of Capricor’s product candidates; the initiation, conduct, size, timing and results of discovery efforts and clinical trials; the pace of enrollment of clinical trials; plans regarding regulatory filings, future research and clinical trials; regulatory developments involving products, including the ability to obtain regulatory approvals or otherwise bring products to market; manufacturing capabilities; the ability to achieve product milestones and to receive milestone payments from commercial partners; plans regarding current and future collaborative activities and the ownership of commercial rights; scope, duration, validity and enforceability of intellectual property rights; future royalty streams and revenue projections; expectations with respect to the expected use of proceeds from the recently completed offerings and the anticipated effects of the offerings; and any other statements about Capricor’s management team’s future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “could,” “anticipates,” “expects,” “estimates,” “should,” “target,” “will,” “would” and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements. More information about these and other risks that may impact Capricor’s business is set forth in Capricor’s Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the Securities and Exchange Commission on March 17, 2023 and in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, as filed with the Securities and Exchange Commission on August 8, 2023. All forward-looking statements in this press release are based on information available to Capricor as of the date hereof, and Capricor assumes no obligation to update these forward-looking statements.

CAP-1002 is an Investigational New Drug and is not approved for any indications. None of Capricor’s exosome-based candidates have been approved for clinical investigation.

For more information, please contact:

Capricor Media Contact:

Raquel Cona
KCSA Strategic Communications
[email protected]
212.896.1204

Capricor Investor Contact:

Joyce Allaire
LifeSci Advisors, LLC
[email protected]
617.435.6602

Capricor Company Contact:

AJ Bergmann, Chief Financial Officer
[email protected]
858.727.1755

SAN JOSE, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO), will showcase its vision for accelerating and democratizing AI via a series of executive presentations, product demonstrations, and other forums at the 2023 Open Compute Project (OCP) Global Summit. The 2023 Summit takes place in San Jose from Oct. 17-19. Highlights regarding Broadcom’s participation in this year’s Global Summit can be found here.

Broadcom’s vision for unleashing the potential of AI at scale is achieved through a combination of ubiquitous AI connectivity, innovative silicon, and open standards. This also reflects the company’s commitment to the principles and contributions of the open compute community represented at the OCP Global Summit, including its standardization work towards an open hardware ecosystem for AI workloads.

“OCP Global Summit has always been the arena for driving open innovation,” said Charlie Kawwas, Ph. D., president, Semiconductor Solutions Group, Broadcom. “Today, AI is pushing technology to its boundaries. Broadcom is focused on innovating to interconnect the key components of an open AI platform within the data center. Our goal is to partner with hyperscalers and enterprise OEMs to build leading-edge AI products and solutions.”

Broadcom will showcase innovative and standard-based technologies throughout the OCP Global Summit 2023 to reinforce its AI vision. Broadcom’s talks and technical panel sessions at this year’s summit include:

• Ethernet: The Path to Singularity: Opening session keynote, Ram Velaga, senior vice president and general manager, Core Switching Group, Broadcom. The keynote will highlight the technical barriers to achieving Artificial General Intelligence at scale with increased demands for compute and networking. The presentation will emphasize how Ethernet is rising to the challenge as the one, singular network that can connect millions of GPUs and will underscore Broadcom’s steadfast support of Ultra Ethernet Consortium (UEC).
• Challenges and Opportunities for Optics in AI— Special Focus: Optical Connectivity for AI Clusters, Vlad Kozlov, founder and CEO, Light Counting, Manish Mehta, VP, Marketing and Operations, Broadcom and Andy Bechtolsheim, chief development officer and co-founder, Arista, Loi Nguyen, EVP, Optical, Marvell, Oct. 18, 11a.m., Concourse Level 210AE.
• Revolutionizing SONiC Routing: Tackling Challenges in FRR Integration and Scaling up Routing Features, Syed Hasan, senior principal engineer, Broadcom and Eddie Ruan, senior staff engineer/ director network system software, Alibaba Inc., Oct. 17, 3:40p.m., Lower Level LL20A.
• Simple and Effective In-band Signals for Efficient Traffic Management in HPC and AI/ML Networks Special focus: Sustainable Computational Infrastructure for AI, Jai Kumar, distinguished engineer, Broadcom, Naoshad Mehta, principal engineer, Google and Abhiram Ravi, software engineer, Google, Oct. 17, 4:30 p.m. Concourse Level 210DH.
• SAI APM: Advanced Performance Monitoring— OCP Project: Networking, Jai Kumar, distinguished engineer, Broadcom and Rita Hui, principal software engineering manager, Microsoft, Oct.19, 10a.m., Concourse Level 210DH.
• Fungible Hardware Tables as an Ordered Chain for Traffic Engineering and AI/ML applications— OCP Project: Networking, Jai Kumar, distinguished engineer, Broadcom, Srikrishna Khare, software engineer, Meta Platforms Inc. and Midhun Somassundaran, software engineer, Meta Platforms Inc., Oct.19, 11:a.m., Concourse Level 210DH.
• Telemetry Based Load Balancing of AI/ ML Workloads— OCP Project: Networking, Bhaskar Chinni, principal product line manager, Broadcom and Zack Tang, network engineering manager, Tencent, Oct. 19, 1:10p.m., concourse Level 210DH.
• Alibaba’s Ethernet based DC deployment for AI/ML workloads using Merchant Silicon— OCP Project: Networking, Kamini Santhanagopalan, product line manager, Broadcom and Shishao Shi, technical engineer, Alibaba Inc., Oct. 19, 1:30p.m., Concourse Level 210DH.
• Beyond UBB, Scaling Out with the OAI Expansion Module, Vasanta Madduri, senior, product line manager, Broadcom, Sam Kocsis, director, Standards and Technology, Amphenol and Song Kok Hang, senior director, platform architecture, AMD, Oct. 19, 1:30p.m., Concourse Level 220B.
• OCP NIC in 2023: 800G, PCIe Gen6 and Test Integration— OCP Project Server, Damien Chong, technical lead manager, Meta, Hemal Shah, distinguished engineer and architect, Broadcom and Jason Rock, distinguished member of technical staff, Dell Inc., Oct. 19, 2:40p.m., Concourse Level 210B.

About Broadcom

Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom’s category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cybersecurity software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to https://www.broadcom.com.

Broadcom, the pulse logo and Connecting Everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

Press Contact:
Jon Piazza
Corporate Communications
[email protected]
Telephone: +1 310 498 5254

Brooklyn, NY , Oct. 10, 2023 (GLOBE NEWSWIRE) —  –Cemtrex Inc. (Nasdaq: CETX, CETXP), an advanced security technology and industrial services company, today announced that its Vicon Industries subsidiary has launched a new cloud security platform, called Anavio (www.anavio.ai), that integrates video, access, and intercom in one easy-to-use system, powered by AI and face-based authentication.

This new platform is designed specifically with schools in mind to deliver a safer and smarter campus. Anavio allows for managing door access in more advanced ways such as dual authentication and face-based authentication with anti-spoofing technology. Additionally, you can respond to events in real time by sharing live footage and receiving mobile alerts. With full campus awareness in a single platform, users have everything needed to protect their campus at their fingertips.

The enterprise security market is only now starting to shift away from on-premises security solutions towards cloud-based platforms. The launch of Anavio coincides with this transition in the market to take advantage of new capabilities that cloud solutions offer, including being easier to deploy, scale, and maintain. Additionally, this marks a shift in Vicon’s business strategy as Anavio will be sold as a software-as-a-service platform and presents an opportunity for the Company to build a recurring revenue stream.

Vicon intends to initially focus the Anavio platform in the education market in the United States. There are over 130,000 K-12 schools in the US today. Schools in the US face on-going security challenges with violence from school shootings to theft, vandalism, bullying, among other challenges.

Cemtrex’s Chairman and CEO, Saagar Govil, commented, “We are delighted to make this announcement today, as it marks a new chapter in Vicon’s illustrious history. This new cloud platform allows us to create more value in our business by evolving Vicon into a recurring revenue business model. Additionally with AI at the core of our roadmap in Anavio, we’re excited to layer in new capabilities and benefits for our customers to deliver the most cutting-edge security solutions over the months and years to come.”

“More than 90% of schools have some kind of access control or CCTV solution and yet they are still plagued by violence, theft, and vandalism. As a cloud platform, with AI technology at its core, Anavio is the ideal next generation solution to solve the security challenges of today’s schools. With novel features like instantly sharing live video with law enforcement and AI enabled face-based authentication, Anavio provides better tools to schools keep our kids safe,” Mr. Govil continued.

About Cemtrex

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

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

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

For more information visit www.cemtrex.com.

Forward-Looking Statements

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

Investor Relations
Chris Tyson
Executive Vice President – MZ North America
Direct: 949-491-8235

[email protected]  
www.mzgroup.us

LITTLE ROCK, Ark., Oct. 10, 2023 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence (AI) that serves brands and agencies, announced today that by using its IntentKey solution, advertisers can reach their desired audiences on Apple’s Safari browser across the open web in a compliant manner despite new privacy restrictions introduced in iOS 17.

Apple’s updated operating system contains additional privacy protections that restrict the ability of third-party companies to track users’ web browsing habits, which poses challenges for marketers targeting audiences and seeking campaign performance insights when consumers are using a Safari browser.

Inuvo’s AI solution, IntentKey, is uniquely positioned to provide a cookieless, identity-less solution that aligns with Apple’s privacy stance while enabling improved audience targeting and measurement.

“Apple is systematically eliminating the use of a consumer’s identity for the targeting of advertising,” said Richard Howe, CEO of Inuvo. “They have facilitated private browsing, eliminated third-party and limited first-party cookies, obfuscated email addresses, and, now in their latest update, removed URL tracking parameters. With IntentKey, we’re able to help our clients achieve their marketing goals on Safari without compromising on privacy compliance or performance.”

Using real-time AI models generated from knowledge gained from crawling the entire open web, Inuvo is able to detect user intent without using traditional identity tactics like cookies, third-party consumer data, IP addresses, and user fingerprinting. The models are constantly updated to reflect changes in interest and behavior, analyzing huge volumes of data in real-time that model audiences and optimize campaigns. The technical infrastructure allows rapid pattern recognition that leads to immediate decisions regarding the placement of advertising.

Since Inuvo’s large-language-based AI is not reliant on consumer data, the ability to discover and target audiences is not impacted by the privacy changes occurring within Safari and other browsers.

IntentKey enables granular, concept-based targeting for Safari web traffic, with an approach that collects no personally identifiable information from users. Combined with integrated AI that also optimizes media spend across channels in real-time, IntentKey drives higher returns for advertisers struggling to reach Safari audiences.

“At a time when advertisers are rightfully concerned about reaching Safari users, IntentKey provides a solution to the industry’s largest problem: consumer privacy,” said Howe. “We look forward to working with more partners to ensure compliant, effective targeting on iOS and other platforms moving forward.”

About Inuvo

Inuvo^®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit www.inuvo.com.

Safe Harbor / Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo’s quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the “SEC”), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Inuvo, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 as filed on March 10, 2023, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo’s business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release.

Inuvo Company Contact:

Wally Ruiz
Chief Financial Officer
Tel (501) 205-8397
[email protected]

Investor Relations :

David Waldman / Natalya Rudman
Crescendo Communications, LLC
Tel: (212) 671-1020
[email protected]

BASKING RIDGE, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) — Today, Verizon announced the launch of a new online education portal with edX, a leading global online learning platform from 2U, Inc. (Nasdaq: TWOU) to help upskill and reskill Americans for today’s fastest-growing jobs. As recent research reveals, one-third of workers don’t have the foundational digital skills necessary to enter today’s jobs. Verizon Skill Forward, originally launched in 2020, will leverage Verizon’s new strategic partnership with edX to offer tuition-free, technical and professional pathways across in-demand industry sectors, with Verizon covering the cost to learners.

With no prior experience or college degree required, participants can register for Verizon Skill Forward to access self-paced, expert-led online courses designed by leading universities and industry experts in edX’s partner network for 12 months at no cost, including dedicated courses in Spanish. Participants will be able to access curated lists of more than 250 courses spanning 84 unique professional certificate programs that they can take on their own time and are designed to help them gain the skills necessary to pursue high-growth jobs across the in-demand areas of artificial intelligence, business, coding, communication, data, finance, IT and more.

Participants of Verizon Skill Forward will also be granted ongoing access to edX’s Career Engagement Network, which includes a suite of career development and exploration tools, including career tips, resources, and a job board, as well as industry-related events and workshops. Additionally, participants will have the opportunity to engage with Skills Builder, a tool designed to align participant career goals to relevant learning opportunities across courses and programs.

This effort is part of Citizen Verizon, Verizon’s responsible business plan for economic, environmental and social advancement, and will build on the company’s goal of preparing 500,000 individuals for jobs of the future by 2030, as well as accelerate digital inclusion efforts nationwide through access to educational tools and resources.

“When you make quality education accessible to all, you give individuals the freedom to pave their own path,” said Rose Stuckey Kirk, Senior Vice President and Chief Corporate Social Responsibility Officer for Verizon. “Through Verizon Skill Forward, we remain committed to bridging the digital divide and providing access to opportunities for economic advancement in under-resourced communities across the country, from the moment a student enters a classroom, to the moment they embark on the pursuit of a career and higher education.”

“In an era where technology rapidly evolves and the nature of work continuously shifts, the need for lifelong learning and skills development has never been more crucial,” said Anant Agarwal, Founder of edX and Chief Platform Officer of 2U. “Together with Verizon, edX is expanding access to education, ensuring that everyone, irrespective of their background or current skills, can achieve their ambition. This collaboration is a testament to our shared belief in the power of high-quality online education to create a better future for all.”

To learn more about Verizon Skill Forward and register for courses now, visit partnerships.edx.org/verizon. Visit CitizenVerizon.com to learn more about the company’s responsible business efforts.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $136.8 billion in 2022. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

Citizen Verizon is the company’s responsible business plan for economic, environmental and social advancement. Citizen Verizon empowers Verizon to deliver on its mission to move the world forward through action by expanding digital access and resources, protecting the climate, and ensuring people have the skills needed for jobs of the future. Through Citizen Verizon, and the key pillars of Digital Inclusion, Climate Protection and Human Prosperity, the company’s responsible business goals include providing 10 million youths with digital skills training by 2030, supporting 1 million small businesses with resources to help them thrive in the digital economy by 2030, achieving net zero emissions in its operations by 2035, and preparing 500,000 individuals for jobs of the future by 2030. Learn more at CitizenVerizon.com.

edX is the global online learning platform that fuels the world’s ambition. edX was developed in 2012 by Harvard and MIT to make the world’s best education available to everyone. Today, as a part of 2U, Inc. (Nasdaq: TWOU), edX connects over 78 million people with online learning to meet every professional moment. Together with top-ranked universities and organizations at the forefront of their fields, edX offers thousands of job-relevant programs across nearly every career discipline, from artificial intelligence and robotics to sustainability and public health. Find online courses, certificates, boot camps, and degrees that fuel your ambition at edx.org.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Rebecca Laming
[email protected]