Market Newsdesk

AbCellera Announces Collaboration with Incyte to Accelerate the Discovery and Development of Therapeutic Antibodies in Oncology

VANCOUVER, British Columbia–(BUSINESS WIRE)–AbCellera (Nasdaq:ABCL) announced today that it has entered into a strategic collaboration with Incyte (Nasdaq:INCY) to discover and develop therapeutic antibodies in oncology.

“We are excited to partner with Incyte, which has a track record of developing first-in-class medicines and bringing them to patients in need,” said Murray McCutcheon, Ph.D., Senior Vice President of Partnering at AbCellera. “We look forward to working as an extension of Incyte’s team to address complex antibody discovery challenges and accelerate the development of Incyte’s preclinical pipeline of oncology medicines.”

“This collaboration supports our continued commitment to developing new therapeutics that may improve and expand treatment options for patients with cancer,” said Patrick Mayes, Ph.D., Vice President, BioTherapeutics at Incyte. “We are excited to partner with AbCellera to initiate this research and look forward to collaborating with them to identify new antibody therapeutics that may address unmet needs in oncology.”

Under the financial terms of the agreement, Incyte has the right to develop and commercialize therapeutic antibodies resulting from the collaboration. AbCellera will receive research payments and is eligible to receive downstream clinical and regulatory milestone payments and royalties on net sales of products.

About AbCellera Biologics Inc.

AbCellera is breaking the barriers of conventional antibody drug discovery to bring better medicines to patients, sooner. AbCellera’s engine integrates expert teams, technology, and facilities with the data science and automation needed to propel antibody-based medicines from target to clinic in nearly every therapeutic area with precision and speed. AbCellera provides innovative biotechs and leading pharmaceutical companies with a competitive advantage that empowers them to move quickly, reduce cost, and tackle the toughest problems in drug development. For more information, please visit www.abcellera.com.

AbCellera Forward-Looking Statements

This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management’s current beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including statements regarding our ability to develop, commercialize and achieve market acceptance of our current and planned products and services, our research and development efforts, and other matters regarding our business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations.

In some cases, you can identify forward-looking statements by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors are described under “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere in the documents we file with the Securities and Exchange Commission from time to time. We caution you that forward-looking statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent our views as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230912918216/en/

Inquiries

Media: Jessica Yingling, Ph.D.; [email protected], +1(236)521-6774

Business Development: Murray McCutcheon, Ph.D.; [email protected], +1(604)559-9005

Investor Relations: Josephine Hellschlienger, Ph.D.; [email protected], +1(778)729-9116

KEYWORDS: United States North America Canada

INDUSTRY KEYWORDS: Oncology Health Technology Other Technology Pharmaceutical Biotechnology

MEDIA:

Logo

Astra Space, Inc. Announces Reverse Stock Split

1-for-15 Reverse Stock Split for Class A Common Stock Expected to Begin Trading on Reverse Split-Adjusted Basis on September 14, 2023

ALAMEDA, Calif.–(BUSINESS WIRE)–
Astra Space, Inc. (NASDAQ: ASTR) (“Astra” or the “Company”) is announcing that the Company’s Board of Directors has approved a reverse stock split (the “Reverse Stock Split”) of Astra’s Class A common stock, par value $0.0001 (the “Class A common stock”) per share, and Astra’s Class B common stock, par value $0.0001(the “Class B common stock”) at a ratio of 1-for-15 (the “Reverse Stock Split Ratio”). The Reverse Stock Split is expected to become effective immediately after the close of the trading day on the Nasdaq Capital Market (the “NASDAQ”) on September 13, 2023 (the “Effective Time”) and the Class A Common Stock will begin trading on the NASDAQ on a reverse split-adjusted basis on September 14, 2023 under the ticker symbol “ASTR”.

Following the Reverse Stock Split, the Company’s Class A common stock will have a new CUSIP number (04634X202).

When the Reverse Stock Split is effective, every 15 shares of Class A Common stock issued and outstanding or held as treasury stock (if applicable) as of the Effective Time will be automatically combined and reclassified into one share of Class A common stock. The par value per share of the Class A common stock and number of shares of Class A common stock authorized under the Company’s Certificate of Incorporation will not change.

When the Reverse Stock Split is effective, every 15 shares of Class B Common stock issued and outstanding or held as treasury stock (if applicable) as of the Effective Time will be automatically combined and reclassified into one share of Class B common stock. The par value per share of the Class B common stock and number of shares of Class B common stock authorized under the Company’s Certificate of Incorporation will not change. The Class B common stock is not publicly traded.

Continental Stock Transfer & Trust Company is acting as transfer and exchange agent for the Reverse Stock Split. Registered stockholders who hold shares of Class A common stock and Class B common stock in uncertificated form are not required to take any action to receive post-reverse split shares and holders of certificated shares will receive instructions from the Company’s transfer agent. Stockholders owning shares through an account at a brokerage firm, bank, dealer, custodian or other similar organization acting as nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to such broker’s particular processes, and will not be required to take any action in connection with the Reverse Stock Split.

Additional information about the Reverse Stock Split can be found in Astra’s definitive proxy statement filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 28, 2023, which is available free of charge at the SEC’s website, www.sec.gov, and on Astra’s Investor Relations website at investors.astra.com.

About Astra Space, Inc.

Astra’s mission is to Improve Life on Earth from Space® by creating a healthier and more connected planet. Astra pursues that mission through its Launch Services and Space Products businesses. Astra’s Launch Services business offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world. Astra delivered its first commercial launch to low Earth orbit in 2021, making it the fastest company in history to reach this milestone, just five years after it was founded in 2016. Astra’s Space Products business offers one of the industry’s first flight-proven electric propulsion systems for satellites, the Astra Spacecraft Engine™. Astra Spacecraft Engines™ have extensive on-orbit flight heritage and are available as fully assembled units or as individual components in the Astra Propulsion Kit. Astra (NASDAQ: ASTR) was the first space launch company to be publicly traded on Nasdaq. Visit astra.com to learn more about Astra.

Safe Harbor

Certain statements made in this press release are “forward-looking statements”. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) our failure to meet projected development and delivery targets, including as a result of the decisions of governmental authorities or other third parties not within our control or delays associated with our move-in to our new production facility; (ii) changes in applicable laws or regulations; (iii) the ability of the Astra to meet its financial and strategic goals, due to, among other things, competition; (iv) the ability of Astra to pursue a growth strategy and manage growth profitability; (v) the possibility that Astra may be adversely affected by other economic, business, and/or competitive factors and (vi) other risks and uncertainties described discussed from time to time in other reports and other public filings with the Securities and Exchange Commission, including our registration statements, annual reports and quarterly reports.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913334487/en/

Investor Contact:

[email protected]

Media Contact:

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Engineering Satellite Technology Aerospace Manufacturing Other Science Science

MEDIA:

Logo

The Hartford Launches New Digital Submission Capabilities For Agents And Brokers Of Midsize And Large Accounts

Company now offers seamless digital experience to transact mid- to large-sized business for general liability, automobile, property, and workers’ compensation coverage

HARTFORD, Conn.–(BUSINESS WIRE)–The Hartford has expanded its digital capabilities with new submission and quote Application Programming Interfaces (APIs), and portal options for agents and brokers who write midsize and large businesses. These new capabilities save time, provide faster turnaround, and increase accuracy. Agents and brokers now have easier access to share submission data and request a quote for general liability, auto, property and workers’ compensation accounts.

“We continue to invest in digital capabilities that provide our business partners with the tools they need to do business in the most efficient way,” said A. Morris “Mo” Tooker, head of Middle, Large, Specialty Commercial and Enterprise Sales & Distribution at The Hartford. “Our digital capabilities are built on agent and broker feedback. These new digital experiences are another example of The Hartford listening to its distribution partners and innovating to create improved customer experiences.”

Additional benefits of the new portal include:

• Faster speed to market;

• Ability to quickly share data and information;

• Easier submissions with pre-populated data;

• Increased accuracy; and

• Streamlined workflow.

Access to the new business submission process is available through direct API capabilities and online portals. The Hartford will also enable API operating relationships with agents and brokers who use vendor API solutions for their midsize, large and specialty accounts. The insurer has partnered with Highwing, Inc., a company that is focused on providing data management and processing solutions for both brokers and carriers. Highwing helps to seamlessly connect agents and brokers with carriers, ensuring open communication, transparency, and accurate data sharing with The Hartford.

These digital enhancements are in addition to the company’s Electronic Business Center (EBC) Agent Portal, which provides access to digital tools that provide transparency into what’s happening with accounts of all sizes – all in one centralized location. The EBC capabilities include policy management, billing/invoices, service requests/endorsements, access to claims information reporting and more, giving agents and brokers the opportunity to decrease turnaround times, increase accuracy and gain access to real-time processing for many transactions.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-M

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2022 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913357767/en/

Media Contact:

Saverio Mancini

(860) 748-8750

[email protected]

KEYWORDS: Connecticut United States North America

INDUSTRY KEYWORDS: Insurance Professional Services

MEDIA:

Logo

FanDuel Selects AWS as Its Strategic Cloud Provider

AWS helps America’s leading sports gaming company scale into new markets while meeting important regulatory requirements

SEATTLE–(BUSINESS WIRE)–
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that FanDuel, the leading sports gaming company in the U.S. (LON: FLTR), has selected AWS as its strategic cloud provider, deepening its relationship with the world’s leading cloud to help power the company’s growth into new markets across the U.S. and Canada. FanDuel is leveraging AWS’s proven, secure, and highly performant infrastructure to scale its support of millions of simultaneous players as they place bets, watch live content, and access real-time features.

“AWS has proven it can provide a secure and reliable infrastructure that helps scale our business quickly into new and existing markets while meeting important regulatory requirements,” said Shane Sweeney, senior vice president, Technology for FanDuel. “This expansion regionally is part of FanDuel’s broader work with AWS, which includes the use of AWS Outposts and Local Zones to help drive our performance.”

“FanDuel is growing at an incredible pace, and we’re excited to collaborate with them to deliver services and solutions that help fuel their success,” said Jan Hofmeyr, vice president of Amazon Elastic Compute Cloud (Amazon EC2) Edge. “FanDuel is one of the largest users of AWS edge solutions and a perfect example of an organization using our consistent cloud infrastructure at the edge to help ensure regulatory compliance, while also increasing their performance, security, and scalability. AWS will continue to provide the capabilities needed to help reduce FanDuel’s time to market as they expand into new regions and continue to provide players with low latency gaming experiences.”

Since FanDuel’s launch in 2009, the company has leveraged AWS’s broad portfolio of cloud services, including compute, storage, analytics, and databases, to develop game enhancements and keep fans connected to their favorite teams. Working with AWS, FanDuel can quickly move key workloads to the cloud from their remaining physical infrastructure. FanDuel is also working alongside AWS to reduce its environmental impact and make operations more energy-efficient by using tools such as the AWS Customer Carbon Footprint Tool to benchmark its carbon footprint against sustainability goals. FanDuel continues to explore new ways to innovate with AWS, including the use of machine learning and generative artificial intelligence with Amazon Bedrock to enhance its platform.

About Amazon Web Services

Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 102 Availability Zones within 32 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in Canada, Malaysia, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

About FanDuel Group

FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier mobile gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across sports betting, iGaming, horse racing, advance-deposit wagering, daily fantasy sports. In addition, FanDuel Group operates FanDuelTV its broadly distributed linear cable television and leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company is based in New York with offices in Los Angeles, Atlanta and Jersey City, as well as in Scotland, Ireland, Portugal, Romania and Australia. FanDuel Group is a subsidiary of Flutter Entertainment plc, (LON: FLTR) the world’s largest sports betting and gaming operator with a portfolio of globally recognized brands.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913559977/en/

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: United States North America Washington New York

INDUSTRY KEYWORDS: Technology Electronic Games Other Sports General Sports Entertainment Mobile Entertainment Artificial Intelligence Sports Environment IOT (Internet of Things) Sustainability Software Internet Data Management

MEDIA:

Logo

Genius Sports Strikes Partnership with Snap to Power Immersive Snapchat Lenses on Verizon’s 5G Network with NFL Official League Data

• New partnership provides Snapchatters with immersive experiences featuring live NFL scores and replays

• Genius Sports is the NFL’s exclusive distributor of real-time, official play-by-play statistics, proprietary Next Gen Stats (“NGS”) data and the NFL’s official sports betting data feed to media companies and sports betting operators globally

• First-of-its-kind Snapchat Lens is powered by Verizon’s 5G Network and is exclusive to Verizon customers

• Snapchat has over 750 million monthly users worldwide, and more than 5 billion Snaps are created every day on average

NEW YORK & LONDON–(BUSINESS WIRE)–
Genius Sports Limited (“Genius Sports”) (NYSE:GENI) has struck a new partnership with Snap Inc. (“Snap”) to power immersive augmented reality (“AR”) fan experiences via Snapchat Lenses. Genius Sports will help to power the next wave of Snapchat Lenses through NFL Official League Data, providing millions of fans with phone-based, highly shareable content. Genius Sports is also the exclusive distributor of the NFL Official League Data and Next Gen Stats (“NGS”) feeds to global media and betting markets.

The sponsored Lens provides a powerful way for Verizon, the Official 5G Network of the NFL, to connect with fans through the power of AR. Verizon will be the first sponsor to run a Lens that incorporates Genius Sports technology. As part of this partnership, Genius Sports and Verizon’s 5G network will help to power Verizon’s NFL Lens, including live data visualizations and an AR commerce platform. The Lens will debut at SoFi Stadium on September 17th when the LA Rams host the San Francisco 49ers and will include real-time game stats, merch try-on, and a 3D interactive map of the stadium, exclusively for Verizon 5G customers.

In addition to exclusive access to the Lens, Verizon and the NFL are also offering Verizon customers 40% off an annual subscription of NFL+ Premium. NFL+ Premium includes access to live local and primetime games on mobile, NFL RedZone, NFL Network, game replays and more. For a limited time and with Verizon, it’s just $59.99 – only through Verizon’s +play.

This immersive sports hub is the latest activation from Snap and Verizon’s 5G innovation partnership, which brings exclusive first-of-its-kind experiences to Snapchatters via Verizon’s 5G Ultra Wideband network.

“The new Snapchat Lens at SoFi is yet another illustration of the amazing experiences offered by the combination of augmented reality and 5G,” said Kris Soumas, Director of Platforms and Partnerships for Verizon Consumer Group. “With this cutting-edge technology, we’re able to offer fans experiences they’ve never had before, and we’re grateful for the partnerships that helped bring it all to life.”

“Snapchat is the best place to showcase your fandom and keep up with all the action on game day,” said Anmol Malhotra, Snap’s Head of Sports Partnerships. “With over 250 million Snapchatters engaging with AR on our platform every day, we’re thrilled for Genius Sports to bring real-time data to our Lenses to make them even more immersive.”

“Snapchat’s Lens technology is leading the AR revolution across US sports, giving fans new and exciting platforms to put themselves at the center of the live experience,” said Matt Ryter, Vice President of Sales, Media & Fan Engagement at Genius Sports. “We’re delighted to partner with Snap, helping to enhance Lenses with NFL Official League Data.”

About Genius Sports

Genius Sports is the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media. Our technology is used in over 150 countries worldwide, creating highly immersive products that enrich fan experiences for the entire sports industry.

We are the trusted partner to over 400 sports organizations, including many of the world’s largest leagues and federations such as the NFL, EPL, FIBA, NCAA, NASCAR, AFA and Liga MX.

Genius Sports is uniquely positioned through cutting-edge technology, scale and global reach to support our partners. Our innovative use of big data, computer vision, machine learning, and augmented reality, connects the entire sports ecosystem from the rights holder all the way through to the fan.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913348733/en/

Press:

Chris Dougan, Chief Communications Officer

Genius Sports

+1 (202) 766-4430

[email protected]

Zachary Salk, Corporate Communications Manager

Snap

[email protected]

Elizabeth Angley, Manager, Communications

Verizon

[email protected]

Investors:

Brandon Bukstel, Investor Relations Manager

+1 (954) 554-7932

[email protected]

KEYWORDS: Europe United States United Kingdom North America California New York

INDUSTRY KEYWORDS: Women Technology Sports Men Online Digital Marketing Events/Concerts Mobile/Wireless Consumer Content Marketing Casino/Gaming Entertainment Marketing Communications Football Audio/Video Social Media Influencer Software Other Consumer

MEDIA:

Logo

Verint Open CCaaS Platform Recognized for Innovation in the 2023 CRM Industry Leader Awards

Verint Honored as a Leader in Contact Center Infrastructure, Contact Center Interaction Analytics, and Workforce Engagement Management

MELVILLE, N.Y.–(BUSINESS WIRE)–Verint^® (NASDAQ: VRNT), The Customer Engagement Company^®, today announced it has been recognized in the 2023 CRM Industry Leader Awards as a leading provider in three categories: Best Contact Center Infrastructure, Best Contact Center Interaction Analytics, and Best Workforce Engagement Management.

These awards recognize the leading vendors who point the way forward and drive innovation with the best products and capabilities in customer service, marketing, and sales. The CRM Industry Leader Award winners are determined by an expert panel made up of fifteen industry analysts and consultants.

The winners were announced by industry analysts Paul Greenberg and Brent Leary on the CRM Playaz livestream with CRM magazine Publisher, Bob Fernekees, and Editor, Leonard Klie. The magazine’s September 2023 issue provides an overview of the top five solution winners in each category.

In regards to Verint’s recognition in the Contact Center Infrastructure category, CRM notes that Verint’s digital, open contact center-as-a-service (CCaaS) strategy has caught the attention of analysts and consultants alike. Rebecca Wettemann, CEO and principal analyst of Valoir, notes, “Verint’s open CCaaS is focused on helping customers optimize their contact centers, taking a digital-first, not telephony-first, approach. The company is continuing to invest in platform capabilities, such as AI, that can be reused across multiple channels and an open architecture that helps customers to evolve and optimize channels at their own pace.”

In the summary of Industry Leaders in the Contact Center Interaction Analytics category, CRM notes that Verint has long been an analytics powerhouse, and its portfolio only grows stronger as it keeps adding new technologies and data sources. Wettemann says, “Verint’s ability to analyze all engagement data (omnichannel interactions, survey data, and workforce performance data) with the appropriate analytical tools, including its Da Vinci AI, as well as its open data hub that enables customers to rapidly import and export data for analysis, means it can help customers understand and maximize the opportunities to automate interactions and improve outcomes.”

Regarding Verint being named an Industry Leader in the Workforce Engagement Management (WEM) category, Wettemann notes, “Verint continues to have one of the most robust sets of WEM capabilities and is focused on extending them beyond the agent to the back office, branch office, and other employees.”

“CRM magazine recognizes the most innovative vendors in the customer engagement space for the past 22 years. It is gratifying to be honored as an industry leader in three categories this year, due in part to our open CCaaS platform and strategy, which we introduced in June,” says Verint’s Celia Fleischaker, chief marketing officer. “This new open approach to the traditional contact center environment is giving brands the flexibility to innovate and grow at their own pace and ultimately elevate customer experience.”

Visit Verint Open CCaaS™ Platform to learn more.

About Verint

Verint^® (NASDAQ: VRNT) helps the world’s most iconic brands continuously elevate the customer experience (CX) and reduce operating costs. More than 10,000 organizations in 175 countries – including over 85 of the Fortune 100 companies – rely on Verint’s open customer engagement platform to harness the power of data and AI to maximize CX automation.

Verint. The Customer Engagement Company^®. Learn more at Verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2023, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, VERINT DA VINCI, VERINT OPEN CCAAS, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, AND THE ENGAGEMENT CAPACITY GAP are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913384599/en/

Media Relations

Sue Huss

[email protected]

Investor Relations

Matthew Frankel

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Data Management Technology Professional Services Other Communications Marketing Communications Data Analytics Software Artificial Intelligence Other Professional Services VoIP

MEDIA:

Logo

Accenture Federal Services Wins $25 Million Award to Help the U.S. Air Force Build a First-of-its-Kind “Digital Depot”

Industrial Internet of Things (IIoT) Platform to Transform Air Force Sustainment Center Operations

ARLINGTON, Va.–(BUSINESS WIRE)–Accenture Federal Services has won a $25 million digital transformation prime contract to modernize operations for the Air Force Sustainment Center (AFSC) including each of the three Air Logistics Complexes (ALCs) at Tinker Air Force Base in Oklahoma, Robins Air Force Base in Georgia, and Hill Air Force Base in Utah.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913807405/en/

Using an approach that includes cloud, edge computing, and the Industrial Internet of Things (IIoT), Accenture Federal Services is creating a new IIoT enterprise platform for the AFSC’s Technology Hosting Environment for NextGen Automation, a program commonly referred to as ATHENA. ATHENA is central to the Air Force’s plan to create a first-of-its-kind “digital depot”, and ultimately, modernize AFSC operations.

“With more than 25,000 pieces of equipment and 40,000 military and civilian personnel spread across the three Air Logistics Complexes, the Air Force Sustainment Center provides world class aircraft depot maintenance, supply chain management, and operations support for the warfighter,” said Bill Marion, a managing director in Accenture Federal Services and Air Force client executive. “Accenture Federal Services is thrilled to be selected to transform operations for the Center, incorporating connected devices, machine learning, and Operational Technology (OT) cyber into this complex ecosystem to deliver valuable analytics and manufacturing transformation.”

By securely collecting and transporting OT data generated from disparate sensors and devices onto the platform, IIoT data from across the entire AFSC enterprise can be integrated and transparently monitored with real-time dashboard capabilities.

“Currently, Air Force Sustainment Center monitoring and servicing in the industrial areas is performed across ten networks with a variety of processes and tools which can lead to pockets of disconnected data sources,” said Keith Runtz, a senior managing director in Accenture Federal Services and defense portfolio lead. “Accenture Federal Services looks forward to using state-of-the-art technologies to create a resilient and secure digital depot ecosystem. The platform we’re building will enable the standardization, visualization, and integration of data from numerous shop floor machines to support the future industrial area production environment, and ultimately, the success of the warfighter.”

The period of performance for the ATHENA contract is up to five years.

Accenture Federal Services is a subsidiary of Accenture (NYSE: ACN).

About Accenture Federal Services

Accenture Federal Services is a leading US federal services company and subsidiary of Accenture LLP. We empower the federal government to solve challenges, achieve greater outcomes, and build a digital core that is agile, smart, and secure. Our 13,000 people are united in a shared purpose to advance our clients’ mission-critical priorities that make the nation stronger and safer, and life better for people. We draw out the best of Accenture’s global network in nearly every industry, bringing proven commercial innovation to solutions built with advanced R&D, emerging technologies, and human-centered design at speed and scale. Together, we help clients create lasting value for their workforce, customers, and partners and make a difference for the country and our communities. See how we make change that matters at accenturefederal.com.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance citizen services—creating tangible value at speed and scale. We are a talent and innovation led company with 732,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise, and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners, and communities. Visit us at www.accenture.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913807405/en/

Donna Savarese

Accenture Federal Services

+1 301 250 0660

[email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Data Management White House/Federal Government Public Policy/Government Technology Software Networks

MEDIA:

Photo

Bill Marion, Accenture Federal Services Managing Director, Defense Portfolio, Growth & Strategy Lead (Photo: Business Wire)

Photo

Keith Runtz, Accenture Federal Services Senior Managing Director, Defense Portfolio Lead (Photo: Business Wire)

Tekla Funds Announce Adjournment of Special Meetings and Implore Shareholders to Vote Their Shares Immediately

BOSTON–(BUSINESS WIRE)–
Tekla Healthcare Investors (HQH), Tekla Life Sciences Investors (HQL), Tekla Healthcare Opportunities Fund (THQ) and Tekla World Healthcare Fund (THW), (the “Funds”) today announced that their joint first special meetings of shareholders (“Special Meetings”) were adjourned again until October 3, 2023 at 9:00 a.m. EDT.

Although the proposal to approve a new investment advisory agreement with abrdn Inc is being overwhelmingly supported by shareholders that have cast their vote, the government mandated quorum levels have not yet been met.

Shareholders as of the June 16, 2023 record date who have not yet voted on the Proposal are urged to do so promptly per the instructions below. Even if shareholders simply cast an abstain vote, it would be of great help in the endeavor to attain the necessary participation levels.

By voting today, shareholders can help us limit the time and attention of fund personnel we are expending during this important time to achieve the requisite quorum. More importantly, by voting today, shareholders can also help us limit the natural resources we may have to utilize in future printed communications regarding this meeting.

TO VOTE, shareholders may use the Proxy Card or email with voting link previously provided or may vote in the manner set forth in the Proxy Statement located here: www.OkapiVote.com/TeklaSpecial. Shareholders who require voting assistance should call Okapi Partners, the Funds’ proxy solicitor, toll-free at (877) 285-5990. Representatives are available Monday – Friday 9:00am to 10:00pm (EDT).

About Tekla

Tekla is an asset manager primarily focused on healthcare investing. Since its inception, Tekla has maintained a singular focus on the asset class. Its expertise comes from a diverse team of individuals, many with advanced degrees in science and business, investing experience and industry experience that help drive investment decisions. For more information, please visit www.teklacap.com.

About abrdn

abrdn is a global investment company that helps clients and customers plan, save and invest for the future. abrdn’s purpose is to enable its clients to be better investors. abrdn manages and administers £500bn of assets for clients (as at 31 December 2022). abrdn is structured around three businesses – Investments, Adviser and Personal – focused on their changing needs. The capabilities in abrdn’s Investments business are built on the strength of its insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. abrdn’s teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs. As at 31 December 2022, abrdn’s Investments business manages £376bn on behalf of clients – including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices. For more information, please visit www.abrdn.com.

Additional Information about the Funds and the transaction

This press release is not intended to, and does not, solicit any proxy from any shareholder of the Funds. The solicitation of proxies to effect the transaction described herein is made by a definitive proxy statement.

The Funds and their trustees and officers, Tekla and its officers and employees, and other persons may be deemed to be participants in the solicitation of proxies with respect to the approval of new investment management contracts described herein. Fund shareholders may obtain more detailed information regarding the direct and indirect interests of a Fund’s trustees and officers, Tekla and its officers and employees, and other persons by reading the proxy statement relating to the transaction that has been filed with the Securities and Exchange Commission. Fund shareholders should read the proxy statement because it contains important information. The proxy statement is available for free at the Securities and Exchange Commission’s website (www.sec.gov).

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors that are, in some cases, beyond a Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements.

© 2023 Tekla Capital Management LLC | All rights reserved | Legal Disclaimer

The material contained on this website is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her advisors.

There can be no assurance that any closed-end fund will achieve its investment objective(s). Past performance does not guarantee future results. The net asset value of any closed-end fund will fluctuate with the value of the underlying securities. Historically closed-end funds have often traded at a discount to their net asset value. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. Distribution rates and income amounts can change at any time.

Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. For more information, please contact your marketing and distribution agent, Destra Capital Advisors LLC at 877.855.3434.

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

View source version on businesswire.com: https://www.businesswire.com/news/home/20230913819285/en/

Destra Capital Advisors LLC

877.855.3434

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

Posted on September 13, 2023 10:14 am

ACNB Corporation Recognized as One of the Fastest Growing Companies in Central Pennsylvania

GETTYSBURG, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) — ACNB Corporation was recently recognized, with a ranking of #45, by the Central Penn Business Journal on its annual list of the Fastest Growing Companies in Central Pennsylvania for 2023. This is the sixth consecutive year ACNB Corporation has achieved this recognition.

“The 2023 Fastest Growing Companies have excelled during challenging economic times. These businesses are creative, innovative and know how to overcome hurdles,” said Suzanne Fischer-Huettner, managing director of Central Penn Business Journal/BridgeTower Media. “All of us at the Central Penn Business Journal congratulate this year’s honorees.”

James P. Helt, ACNB Corporation President & Chief Executive Officer, stated, “At ACNB Corporation, the financial holding company for ACNB Bank and ACNB Insurance Services, Inc., our fundamental focus remains to be the independent financial services provider of choice in the communities served throughout our geographic footprint in southcentral Pennsylvania and central Maryland by building relationships and finding solutions. Despite the unusual and unprecedented economic times over the past few years, our organizational longevity — that spans 166 years — is directly attributable to the generations of dedicated staff members that fulfilled, and continue to fulfill, our commitment to customers, shareholders and communities served.”

“Specific to this Fastest Growing Companies recognition is revenue growth, which is a result of ACNB Corporation’s community bank acquisitions in recent years in alignment with our plans for strategic inorganic growth in tandem with ongoing organic growth,” he added. “As for the year 2022, ACNB Corporation completed key strategic initiatives including the acquisition by the insurance subsidiary, ACNB Insurance Services, Inc., of the business and assets of Hockley & O’Donnell Insurance Agency in Gettysburg, PA, and the opening of the new Upper Adams Office in Biglerville, PA, as the banking subsidiary, ACNB Bank, continued its plans for optimization of the community banking network. As in the past five years, ACNB Corporation is truly honored to be recognized for our achievements and is poised for continued progress and growth in the years to come.”

In order to be eligible for consideration in this ranking for 2023, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2020, 2021 and 2022, as well as revenue growth in 2022, as compared to 2020. Companies headquartered in the Pennsylvania counties of Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry or York were eligible for nomination.

SEK CPAs & Advisors coordinated the ranking formula leading to the recognition of large and small companies according to revenue growth over the three-year period. Including both dollar and percentage revenue increases, this ranking formula resulted in the final list of 50 honorees recognized at a celebration event held at the Sheraton Harrisburg Hershey Hotel, 4650 Lindle Road, Harrisburg, PA, on Tuesday, September 12, 2023, when specific rankings were revealed.

ACNB Corporation, headquartered in Gettysburg, PA, is the independent $2.4 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 26 community banking offices and three loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 44 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster and Jarrettsville, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

Fastest Growing Companies is a program of the Central Penn Business Journal and is presented by SEK CPAs & Advisors. For more information about the awards and honorees, please visit CPBJ.com/event/fastest-growing-companies.

FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

ACNB #2023-17
September 13, 2023

Contact:	Kevin J. Hayes
	SVP/General Counsel, Secretary & Chief
	Governance Officer
	717.339.5161
	[email protected]