Market Newsdesk

July 17, 2023 1:08 pm

Nano Dimension Receives Hart-Scott-Rodino (“HSR”) Clearance for the Stratasys Special Tender Offer

Antitrust Approval Marks Significant Step Towards Completion of
Tender
Offer

Waltham, Mass., July 17, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that the waiting period under the Department of Justice’s (“DOJ”) Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”) has expired in connection with its special tender offer for Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”); thus, no further regulatory review by U.S. antitrust authorities is required in connection with the special tender.

The HSR Act is a U.S. federal law that requires companies to notify the Federal Trade Commission (“FTC”) and the DOJ about certain proposed mergers and acquisitions and observe a waiting period prior to close, which provides the U.S. antitrust authorities the opportunity to review the transaction. This waiting period has expired.

By satisfying the HSR Act requirements, Nano Dimension demonstrates its commitment to adhering to the appropriate legal procedures and looks forward to completing its tender offer and bringing customers the benefits of the companies’ combined offering.

Important Information About the Special Tender Offer

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any ordinary shares of Stratasys or any other securities, nor is it a substitute for the tender offer materials described herein. A tender offer statement on Schedule TO, including an offer to purchase, a related letter of transmittal and other tender offer documents, was filed with the SEC by Nano Dimension on May 25, 2023, as subsequently amended and supplemented. Stratasys filed with the SEC a solicitation/recommendation statement on Schedule 14D-9, as required by the tender offer rules, on May 30, 2023, as subsequently amended.

INVESTORS AND SECURITY HOLDERS ARE URGED TO CAREFULLY READ BOTH THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 REGARDING THE OFFER, AS THEY MAY BE AMENDED FROM TIME TO TIME, BECAUSE THEY CONTAIN AND WILL CONTAIN IMPORTANT INFORMATION THAT INVESTORS AND SECURITY HOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SECURITIES.

Investors and security holders may obtain a free copy of the offer to purchase, the related letter of transmittal, certain other tender offer documents and the solicitation/recommendation Statement and other documents filed with the SEC at the website maintained by the SEC at www.sec.gov or by directing such requests to Georgeson LLC, the information agent for the tender offer, named in the tender offer statement. In addition, Stratasys files annual reports, interim financial statements and other information, and Nano Dimension files annual reports, interim financial statements and other information with the SEC, which are available to the public at the SEC’s website at www.sec.gov. Copies of the documents filed with the SEC by Stratasys may be obtained at no charge on the investor relations page of Stratasys’ website at www.stratasys.com. Copies of the documents filed with the SEC by Nano Dimension may be obtained at no charge on the investor relations page of Nano Dimension’s website at www.nano-di.com.

About Nano Dimension

Nano Dimension’s (Nasdaq: NNDM) vision
is t
o transform existing
electronics and mechanical manufacturing
into Industry 4.0
e
nvironmentally
f
riendly &
e
conomically
e
fficient precision additive electronics and manufacturing
–
by
delivering solutions that convert digital designs to electronic or
mechanical devices – on demand, anytime,
anywhere

Nano Dimension’s strategy is driven by the application of deep
learning based
AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.

Nano Dimension serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&
D
and academia. The company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty
polymers based
applications – from millimeters to several centimeters in size with micron precision.

Through the integration of its portfolio of products, Nano Dimension is offering the advantages of rapid prototyping, high-mix-low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities, which is all unleashed with the limitless possibilities of additive manufacturing.

For more information, please visit

www.nano-di.com

.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nano Dimension is using forward-looking statements in this press release when it discusses Nano’s special tender offer and the potential benefits and advantages of the special tender offer. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. Actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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. Nano Dimension is not responsible for the contents of third-party websites.

NANO DIMENSION INVESTOR RELATIONS CONTACT

Investor Relations | [email protected]

July 17, 2023 1:07 pm

Houlihan Lokey Expands Consumer, Food & Retail Group With Senior Hire

Nick Pavlidis Joins as a Managing Director Focused on the Consumer Household Sector

CHICAGO–(BUSINESS WIRE)–
Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Nick Pavlidis has joined the firm as a Managing Director in its Consumer, Food & Retail Group. Mr. Pavlidis will focus on the consumer household sector, further strengthening the firm’s coverage for its corporate and financial-sponsor-backed clients. He is based in Houlihan Lokey’s Chicago office.

Mr. Pavlidis joins Houlihan Lokey with more than two decades of experience in the financial services industry. Most recently, he served as a Managing Director at Baird, where he spent 23 years playing a leading role in building out its consumer practice and advising clients on strategic transactions within the consumer household sector. Prior to Baird, Mr. Pavlidis started his career as an Associate at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates.

“We are thrilled to welcome Nick to the firm,” said Jay Novak, Global Head of Houlihan Lokey’s Consumer, Food & Retail Group. “His sector-leading industry expertise, coupled with his unparalleled knowledge in the consumer household sector, will further enhance the depth and breadth of coverage we offer. We look forward to Nick leveraging his strong industry knowledge and expansive client network as we continue to deliver exceptional service to our clients.”

“I am excited to join the team at Houlihan Lokey and contribute to the firm’s impressive track record of success in mid-cap corporate finance. Houlihan Lokey’s global footprint and recent growth make this an incredibly exciting time to be joining the firm. I am eager to partner with my colleagues in the Consumer, Food & Retail Group and help continue to provide our clients with the innovative solutions they require,” added Mr. Pavlidis.

Mr. Pavlidis holds an MBA from the University of Chicago Booth School of Business and a J.D. from the University of Chicago Law School. He earned his B.A. from Haverford College.

With nearly 130 financial professionals located in New York, Chicago, Dallas, Los Angeles, London, Munich, Milan, and Zurich, Houlihan Lokey’s Consumer, Food & Retail Group is among the largest in financial services, advising clients worldwide. In 2022, Houlihan Lokey was ranked as the No. 1 M&A advisor for all U.S. consumer, food, and retail transactions, according to Refinitiv.*

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. The firm serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. Houlihan Lokey is the No. 1 investment bank for global M&A transactions under $1 billion, the No. 1 M&A advisor for the past eight consecutive years in the U.S., the No. 1 global restructuring advisor for the past nine consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by Refinitiv.

*Excludes accounting firms and brokers.

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Media Relations

Chloe Magnuson

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INDUSTRY KEYWORDS: Interior Design Professional Services Retail Home Goods Finance Construction & Property Banking

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July 17, 2023 1:06 pm

Avangrid’s New York Companies File Action Plan to Advance State Climate Goals

Avangrid’s New York Companies File Action Plan to Advance State Climate Goals

NYSEG and RG&E will play a fundamental role in ushering in New York state’s clean energy future

ORANGE, Conn.–(BUSINESS WIRE)–
Avangrid, Inc. (NYSE: AGR), a member of the Iberdrola Group, announced today that its New York subsidiaries, New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), have filed their 2023 Distributed System Implementation Plan (DSIP) with the New York State Public Service Commission. This plan presents the companies’ strategy and framework for supporting New York state’s Climate Leadership and Community Protection Act (CLCPA) and advancing clean energy solutions for customers.

“Climate change is an existential threat,” said Pedro Azagra, Avangrid CEO. “Avangrid and its family of companies will play a fundamental role in the clean energy transition by integrating more renewable energy into the grid and electrifying sectors like transportation and heating. This plan lays a flexible foundation that will allow us to continue providing reliable and resilient power to our customers across the state as the New York electric grid becomes cleaner.”

New York’s CLCPA is among the most ambitious climate laws in the nation and requires New York to reduce economy-wide greenhouse gas emissions 40% by 2030. It also calls for 70% of the state’s electricity to be produced by renewable sources by 2030 and adding 10,000 MW of solar capacity and 9,000 MW of offshore wind capacity by 2035. As one of the country’s leading sustainable energy companies, Avangrid has ambitious clean energy goals that directly align with the CLPCA. These include reaching scopes 1 and 2 carbon neutrality by 2030, ahead of most other major U.S. utilities, and reaching 16.9 GW emissions-free installed capacity by 2030.

“We’re very proud to be a key partner in supporting and enabling New York’s clean energy goals by building the grid of the future today,” said Patricia Nilsen, NYSEG and RG&E President and CEO. “Previously, our DSIPs have focused on testing emerging technologies and capabilities. Now, we’re using the findings from these tests to begin to implement our vision. Since our previous DSIP filing, we’ve begun our smart meter and grid automation deployments, which will help us better serve our customers and monitor and control our system. This next phase continues our investments in these key areas and beyond. We look forward to continuing to meet the challenges before us to build a greener tomorrow for the communities we serve.”

NYSEG and RG&E’s 2023 DSIP focuses on building a foundational platform for the energy transition and elaborates on continued investments in several key areas, including smart meter deployment, grid automation, energy storage, electric vehicles (EVs), clean heat and building electrification and integrated system planning and distribution grid operations.

Smart Meters

NYSEG and RG&E began deploying smart meters late last year across New York. These meter upgrades are equipped with safe and secure two-way communication that will enable customers to understand their energy use down to the hour and receive bills based on actual use monthly. Smart meters also help the companies reduce response times to outages with automated outage detection and status. This strategic investment will allow NYSEG and RG&E to provide customers with additional tools to understand and manage energy use, while controlling their costs.

Grid Automation

Climate change is increasing the frequency and severity of weather events, making grid resiliency critical for maintaining safe, reliable electricity service for customers and communities. NYSEG and RG&E will continue to invest in grid automation by installing automated equipment, such as sensors or reclosers, that can be operated remotely and can feed critical data between grid devices and directly back to NYSEG and RG&E. This will improve visibility into and control of the network, allowing the companies to better address outages as well as integrate new clean energy resources.

Energy Storage

Energy storage, whether connected to the grid or located on customer premises, has the potential to lower energy costs by providing short term back-up power to smooth out demand profiles. In addition, a battery’s ability to store and shift the use of intermittent renewable generation from sources like wind and solar means that energy storage can also help meet New York’s clean energy goals without sacrificing reliability. NYSEG and RG&E are working to incorporate energy storage into integrated system planning functions, non-wire alternatives procurements, interconnection processes and grid operations.

Electric Vehicles (EV)

Electrification of the transportation sector will be a major contributor to greenhouse gas reductions and a clean economy. New York has set a goal of 850,000 zero-emission vehicles by 2025. NYSEG and RG&E are supporting this goal by offering programs to incentivize third parties to install more EV chargers, which will help reduce range anxiety for drivers. Additionally, the companies are working to ensure electricity is being used as efficiently as possible by exploring how to provide incentives on when EV chargers are being used to better manage peak use of the grid. NYSEG and RG&E are also leading by example with fleet EV adoption, supporting Avangrid’s broader commitment to deploy a 60% clean energy fleet by 2030.

Clean Heat and Building Electrification

The building sector is the largest emissions source in New York, accounting for 32% of emissions. NYSEG and RG&E are supporting the state’s Clean Heat Program to expand the use of heat pumps to reduce emissions associated with heating buildings. Last year, NYSEG and RG&E helped customers adopt more than 4,000 new energy efficient heat pumps across its service areas.

Integrated System Planning and Enhanced Grid Operations

With dramatic and transformative changes occurring in the electric grid, utilities need to plan and operate their system differently. This will require a higher level of granular data and visibility at the grid edge. NYSEG and RG&E’s Grid Model Enhancement Project is improving the companies’ data models to better analyze, plan and forecast electric distribution system needs as the number of distributed energy resources (DER), such as wind or solar, rapidly increase. In addition, NYSEG and RG&E’s Energy Control Center will need real time data to monitor distribution system operations to maintain customer reliability and help the companies improve integration of DERs.

To view NYSEG and RG&E’s DSIP filing, visit dps.ny.gov.

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2023, Avangrid ranked first within the utility sector for its commitment to the environment. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2023 for the fifth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

About NYSEG: New York State Electric & Gas Corporation (NYSEG) is a subsidiary of Avangrid, Inc. Established in 1852, NYSEG operates approximately 35,000 miles of electric distribution lines and 4,500 miles of electric transmission lines across more than 40% of upstate New York. It also operates more than 8,150 miles of natural gas distribution pipelines and 20 miles of gas transmission pipelines. It serves approximately 894,000 electricity customers and 266,000 natural gas customers. For more information, visit www.nyseg.com.

About RG&E: Rochester Gas and Electric Corporation (RG&E) is a subsidiary of Avangrid, Inc. Established in 1848, RG&E operates approximately 8,800 miles of electric distribution lines and 1,100 miles of electric transmission lines. It also operates approximately 10,600 miles of natural gas distribution pipelines and 105 miles of gas transmission pipelines. It serves approximately 378,500 electricity customers and 313,000 natural gas customers in a nine-county region in New York surrounding the City of Rochester. For more information, visit www.rge.com

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Sarah Warren

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585-794-9253

KEYWORDS: United States North America New York Connecticut

INDUSTRY KEYWORDS: Other Energy Utilities Environment Oil/Gas Alternative Energy Green Technology Energy

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July 17, 2023 1:04 pm

Butterfly Network, Inc. to Report Second Quarter 2023 Financial Results on August 3, 2023

Butterfly Network, Inc. to Report Second Quarter 2023 Financial Results on August 3, 2023

BURLINGTON, Mass. & NEW YORK–(BUSINESS WIRE)–
Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, announced that it will report second quarter 2023 financial results and provide a business update on August 3, 2023, before the market opens.

Joseph DeVivo, President, Chief Executive Officer and Chairman of the Board, and Heather Getz, Executive Vice-President, and Chief Financial and Operations Officer, will host a conference call and webcast at 8:30 am ET on August 3, 2023, to discuss second quarter 2023 financial results and operational progress.

The conference call will be broadcast live in listen-only mode via a webcast on Butterfly’s Investor Relations website at Events & Presentations.

Individuals interested in listening to the conference call on your telephone may do so by dialing approximately ten minutes prior to start time:

US domestic callers: +1 (833) 470-1428

Global Dial-In Numbers: https://www.netroadshow.com/events/global-numbers?confId=52698

Access Code: 025523

After the live webcast, the call will be archived on Butterfly’s Investor Relations page.

In addition, a telephone replay of the call will be available until August 17, 2023, by dialing:

US domestic callers: 1 (866) 813-9403

Canada: 1 (226) 828-7578

All other callers: +44 (204) 525-0658

Access Code: 453031

About Butterfly Network, Inc.

Founded by Dr. Jonathan Rothberg in 2011, and recently listed on the New York Stock Exchange through a business combination with Longview Acquisition Corp., Butterfly created the world’s first handheld, single probe whole-body ultrasound system using semiconductor technology, the Butterfly iQ+. Butterfly’s mission is to democratize medical imaging and contribute to the aspiration of global health equity, making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Through its proprietary Ultrasound-on-Chip™ technology, Butterfly is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ+ can be purchased online today by healthcare practitioners in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Butterfly iQ+ is a prescription device intended for qualified healthcare professionals only. For more information, visit www.butterflynetwork.com.

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Heather Getz

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July 17, 2023 1:03 pm

Nano Dimension Encourages Stratasys Shareholders to Replace Entrenched Board and Highlights Problematic Track Records of Stratasys Directors

Vote AGAINST the Reelection of Entrenched Stratasys Board at Annual General Meeting (“AGM”) to Be Held on August 8^th, 2023

Stratasys Board Has Repeatedly Neglected Its Fiduciary Duties to the Detriment of Its Shareholders’ Interests

Stratasys Current Board Appears Intent on Pursuing Dilutive Transaction with Desktop Metal That Would DESTROY VALUE for Stratasys Shareholders

Nano Dimension Puts Forward Highly Qualified, Vested Nominees

Focused on Creating Value for All Shareholders – by Enabling

Competing Bids for Stratasys to be Negotiated to Maximize Shareholder Value

Nano Dimension Highlights Historical Problematic Track Records, Subpar Performance

and Questionable Reputations

of Stratasys’ Entrenched, Non-Shareholder Friendly Directors

To Learn More about Nano’s Vision for Stratasys and Details of Its Special Tender Offer for Stratasys Shares, visit

www.StratasysValueNow.com

Waltham, Mass., July 17, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension”, “Nano” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, which owns approximately 14.1% of Stratasys’ (Nasdaq: SSYS) (“Stratasys”) outstanding ordinary shares, encourages Stratasys Ltd. Shareholders to replace their entrenched Board with Nano Dimension’s director nominees through their upcoming vote at Stratasys’ August 8^th, 2023 Annual General Meeting (“AGM”).

The Stratasys Board of Directors (the “Board”) have checkered personal backgrounds as well as a warped command of corporate governance. Nano is calling for a replacement of the Stratasys Board’s members in order to re-align Stratasys’ governance with the interest of shareholders.

The new board will focus on enabling the present competing bids to increase shareholder value PREVENTING the present Board of Directors from blocking two alternatives for Stratasys’ Shareholders.

STRATASYS’ CURRENT ENTRENCHED BOARD:

The actions of the current Stratasys Board of Directors have raised significant concerns about their practices and lack of commitment to shareholder interests:

6 of the 8 directors have spent an alarmingly long time together on the Board, suggesting a lack of new perspectives and fresh ideas, not to speak about obvious years of “one-hand-washes-the-other” issues.
They have demonstrated a blatant disregard for shareholders’ interests and resistance to change. Attempts to add a new independent director as recently as 2-3 years ago were met with pushback. While a new director joined the Board in 2020, he was ousted barely a year later in 2021 following some self-serving corporate governance maneuvers geared at maintaining the underperforming status quo and the mummified Board’s grip on power.
The Stratasys Board has lined their own pockets while overseeing poor performance, indulging themselves with exorbitant salaries and annual equity grants, cumulatively equaling approximately $1,820,000¹ in FY 2022 for 8 directors, not including meeting fees, (for approximately 10-20 meetings per annum), and travel & entertainment expense.

Adding to their questionable track record, the Board’s decision-making has been marred by destructive acquisitions. They have made poor, value-destructive and money-wasting acquisitions and/or failed to integrate the acquisitions of Origin, Ultimaker, SolidConcepts, and MakerBot, followed by the questionable divestment and reinvestment in MakerBot. These actions demonstrate a lack of strategic foresight and a failure to prioritize long-term value creation for the company and its shareholders.

Furthermore, the interconnections between board members raise independence concerns, resulting from directors having other mutual commercial interests which are not related to their fiduciary duties at Stratasys. Presently, two Stratasys directors, Dov Ofer and David Reis, sit on the board of Scodix Ltd. In the past, Adina Shorr served as CEO of Scodix Ltd. during Dov Ofer’s directorship. These overlapping interests raise questions about objectivity of the directors, further eroding trust in their decision-making.

These revelations paint a troubling picture of the Stratasys Board of Directors.
Their long tenure, rejection of new voices, self-serving compensation practices, poor acquisition decisions, and intertwined relationships raise serious doubts about their ability to act in the best interests of Stratasys and its shareholders.

Below are a few examples of the questionable track records that warrant the replacement of board members of Stratasys
:

*Yair Seroussi – was formerly the Chairman of a large Israeli bank but had to resign allegedly because of allegations that he had failed to report a sexual assault by the CEO of a female employee². Seroussi hid the information from the bank’s board of directors and from the Bank of Israel, colluding with the CEO.

Once again scheming with the same CEO, Seroussi was also found guilty of aiding and abetting tax-evasion for U.S. citizens – in exchange for millions of dollars of kickbacks. Under his leadership, the bank had to cough up a fine of almost $900 million³ to U.S. authorities, in addition to being forced to pay significant personal fines for his crimes. An investigation committee disclosed that, as Chairman, Seroussi and his friend the CEO behaved unreasonably and personally received millions of dollars as bonuses on account of tax evasion schemes they led through the bank’s branch in Switzerland.

*Dov Ofer
(Chairman) – was the former CEO of Lumenis Ltd. Dov Ofer’s tenure was marked by a period of stagnation. After his appointment, the company experienced a decrease in revenue⁴.

After continued underperformance under Ofer’s leadership, the Lumenis board opted to hold him accountable, removing Ofer as CEO and bringing in a new chief executive officer.

This change proved that the prior issue was the failing management by Ofer, not the company. The new CEO was able to revitalize the company’s growth trajectory. Lumenis Ltd. experienced a remarkable turnaround recovery following Dov Ofer’s tenure as CEO, with revenue increasing by an impressive 51% from $265 million in 2013 to $400 million in 2018⁵.

The stark contrast between the performance of Lumenis Ltd. during Ofer’s tenure and the subsequent growth achieved under the new CEO highlights the impact of leadership on the company’s success. The decision to replace Ofer ultimately proved to be a strategic move that revitalized the company and set it on a path of substantial growth.

*David Reis – was the former CEO of Stratasys until his resignation in 2016. Under Reis’ leadership, investors in Stratasys have experienced a challenging value-destructing ride over several years. Sales and Stratasys share prices have both plunged amid a $1.4 billion loss last year.

The company’s acquisition of desktop printer manufacturer, MakerBot, in 2013 for over $490M⁶ (approx. $16M in revenue per annum at prior year)⁷ was a failure. MakerBot has suffered greatly, replacing leadership three times, producing a problematic 3D printer component, and leaving Stratasys with such significant losses that Reis’s Stratasys became part of a class action lawsuit. The consumer brand laid off almost 40% of its workforce and shut down its retail shops.

Meanwhile, the value of Stratasys shares collapsed over the course of the two years post-acquisition, from record highs of almost $137 per share in 2013 to around $23 per share by the end of 2015⁸. The lawsuit alleges that the drop in Stratasys shares in 2015 was caused by fraudulent practices in the MakerBot-related business⁹.

MakerBot was eventually spun out 9 years later after major losses and cash burn. Reis has left a trail of massive write-downs yet continued to be a member of the board and Executive Committee, which is comprised of just three people, together with Dov Ofer.

Interestingly, while the courts decided that Stratasys was not to blame for securities fraud, it stated that under Reis, Stratasys used “…hyperbole and exaggeration… mere puffery…vague and such obvious hyperbole… Stratasys’s statements…are vague and unreliable”¹⁰

This history of misleading disclosures raises serious questions about Stratasys’ present statements:

The same executives accountable for misleading their shareholders are still directors at the helm: Reis has been a Director since 2013, and as recently as 2018-2019 also served as a member of the “executive committee” together with Mr. Ofer.

Another problem facing Stratasys under Reis that garnered much attention was a U.S. Securities and Exchange Commission investigation. The SEC’s enforcement decision approached the company in early 2016¹¹ on the matter, which was briefly mentioned in Stratasys’ latest 20-F filing with the SEC. According to industry pundits, Reis’ resignation was certainly precipitated by the 30% decrease in the share price and the mounting pressure from disgruntled shareholders¹².

*Z

iva Patir
– was the former CEO of the Standards Institution of Israel. During her tenure the Israeli Ministry of Finance demanded that she return tens of thousands of shekels, which she allegedly received in an improper manner from the Institute¹³. Additionally, an inspection conducted by the Capital Markets Division of the Ministry of Finance revealed a misallocation of funds under the management of Ziva Patir, resulting in employees having to return a substantial sum of 3 million shekels¹⁴.

Under Patir’s management, the Standards Institution of Israel was characterized by a slow and bureaucratic nature, leading to inefficiencies and financial losses. Additionally, there were conflicts with the employees¹⁵.

*Scott Crump – A few days after reporting $1.37 billion loss in 2015, it was discovered that the company paid $1.44 million¹⁶ to the present director Mr. Scott Crump, founder of Stratasys, and to three other executives an additional $5.4 million in compensation¹⁷.

*Adina Shorr– Yet another ex-CEO of Stratasys (Objet), who stayed entrenched and highly paid on the board for the last 5 years. She also has a checkered record insomuch as leading, as a CEO, value destructing activities: She was the former CEO of Lucid-Logix, which had raised $40 million promising attractive returns for its investors. Ms. Shorr raised additional capital, only to close the company and terminate all employees with zero return to its shareholders (Giza and others)¹⁸.

*Yoav Zeif is the current Stratasys CEO – an unproven CEO having served before only as a consultant and in business development roles. Moreover, under his leadership, Stratasys is being accused¹⁹ by the former founders and shareholders of Origin, a company Stratasys purchased under his leadership for $97M²⁰ (estimate $5 million -$15 million in the previous year’s annual revenue when acquired in December 2020) for not fulfilling its obligations and personal commitments to pay them their promised earnout as per agreement. All founders and key employees of Origin subsequently ended up leaving Stratasys.

Zeif
has also led the value-destructing move of spinning-off David Reis’s 2013 failure of MakerBot. Zeif paid approximately $47 million in cash just “to arrange” for Stratasys to own less than 50%²¹ of MakerBot, practically selling over 50% of MakerBot by adding money rather than receiving money.

IN CONTRAST, Nano’s candidates to replace the Stratasys board are highly qualified with extensive experience overseeing value creation:

Nano Dimension is recommending Stratasys shareholders replace its entrenched non-performing directors at Stratasys’ Annual General Meeting to be held on August 8^th, 2023, with professional executives who will devote a serious amount of their business time and attention to improve value for Stratasys shareholders. The seven members proposed by Nano include over 10 CEO roles, as well as four ex-founders of successful high-tech and multi-hundred million dollars companies, Chief Technology Officers, ex-CFOs/COOs and ex-members of KPMG and PWC. All their compensation for service as members of the Stratasys’ Board will be based on the company’s performance, not just on being present in meetings.

The nominees include:

1.   Ze’ev Holtzman brings deep expertise in private equity, venture capital and investment banking. Mr. Holtzman founded a pioneering investment banking firm (Giza), a leading VC firm focused on early-stage innovation technology, as well as the premier database on high-tech, venture capital, startup, and private equity ecosystems. He was a Director in Stratasys in 2020-21 opposing most of the present board entrenching actions.
2.   Zivi Nedivi has over 30 years’ experience as CEO of several public technology companies, including Cyalume Technologies Inc. and founder, President and CEO of Kellstrom Industries as well as CEO of a multi-billion New York City based hedge fund trading currencies futures through highly sophisticated cash management algorithms.
3.   Hanan Gino has prodigious experience as a CEO at international technology corporations, including Verint Security Systems and Kitov Systems as well as senior executive and head of all commercial divisions for over two decades at Orbotech Ltd.
4.   Tomer Pinchas brings more than 18 years of global experience in finance, M&A and operations management and previously served as CFO of multiple technology companies, including Kryon Systems LTD, myThings Inc, and DVTEL INC. Tomer’s experience also includes working at a top public accounting firm, including PwC in New York.
5.   Nick Geddes co-founded the Cambridge, UK based, renowned industrial inkjet company Global Inkjet Systems, with leading R&D capabilities, inkjet products and services, and has been CEO and CTO for over 15 years with deep knowledge and experience leading and bringing together multi-disciplinary teams to partner with customers.
6.   Yael Sandler brings extensive experience in leading finance and operations roles for public and private companies, having formerly held various positions at KPMG while also being a Certified Public Accountant in Israel.
7.   Yoav Stern is a seasoned executive with a proven track record of leadership over three decades, having served as CEO and Chairman as well as an active hands-on investor in high-tech companies, specializing in machine vision, fiber optics, defense-tech, communication solutions, aerospace, and homeland security. Mr. Stern has led public and privately held companies based in the United States and globally, with operations encompassing multi-disciplinary technologies across 3-4 continents.

LEARN MORE ABOUT NANO DIMENSION, ITS STRATEGY AND VISION,

INCLUDING ITS SPECIAL TENDER OFFER FOR STRATASYS AT
www.stratasysvaluenow.com

FOR INFORMATION ON HOW TO TENDER STRATASYS SHARES, CALL GEORGESON, THE INFORMATION AGENT FOR THE SPECIAL TENDER OFFER, TOLL-FREE AT
(877) 668-1646

Important Information About the Special Tender Offer

About Nano Dimension

Nano Dimension’s (Nasdaq: NNDM) vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices – on demand, anytime, anywhere.

Nano Dimension’s strategy is driven by the application of deep learning-based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.

Nano Dimension serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. The company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty polymers-based applications – from millimeters to several centimeters in size with micron precision.

For more information, please visit

www.nano-di.com

.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nano Dimension is using forward-looking statements in this press release when it discusses its intention to replace the current Board of Directors of Stratasys with its own nominees and its plans for Stratasys director compensation. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. Actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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. Nano Dimension is not responsible for the contents of third-party websites.

NANO DIMENSION INVESTOR RELATIONS CONTACT

Investor Relations | [email protected]

¹
Stratasys Ltd. (NASDAQ:SSYS) Form 20-F Filing for Fiscal Year 2022, filed March 3^rd, 2023; Director Compensation and Director/Officer Equity Compensation

²
https://en.globes.co.il/en/article-hapoalim-chairman-yair-seroussi-resigns-1001163746

³
https://en.globes.co.il/en/article-former-hapoalim-execs-to-repay-nis-225m-1001451149

⁴
Decline of 6% from $283 million
in 2005 to $265 million in 2014

https://www.globes.co.il/news/article.aspx?did=1000138395

https://www.calcalist.co.il/local/articles/0,7340,L-3699528,00.html

⁵
https://www.globes.co.il/news/article.aspx?did=1001307825

⁶

https://investors.stratasys.com/sec-filings/annual-reports/content/0001206774-14-000690/0001206774-14-000690.pdf

⁷
https://www.reuters.com/article/idUS377836052120130619

⁸
12/31/2023 High $136.87 – 12/31/2015 Low $23.36

⁹
CASE 0:15-cv-00455-PJS-FLN https://cdn-shop.adafruit.com/pdfs/makerbot/classaction.pdf

¹⁰
https://www.3ders.org/articles/20170726-stratasys-cleared-of-fraud-charges-over-comments-about-makerbot-replicator-3d-printers.html

¹¹
https://www.themarker.com/markets/2016-06-05/ty-article/0000017f-dfa8-db22-a17f-ffb96c110000

¹²
https://3dprintingindustry.com/news/stratasys-ceo-resign-company-sale-81233/

¹³
https://www.calcalist.co.il/local/articles/0,7340,L-3391504,00.html

¹⁴
https://www.themarker.com/career/2005-02-10/ty-article/0000017f-dec5-d3a5-af7f-feef2d5d0000

¹⁵
https://www.ynet.co.il/articles/1,7340,L-2255994,00.html

¹⁶
Stratasys Ltd. (NASDAQ:SSYS) 20-F Fillings for Fiscal Year 2015; https://www.globes.co.il/news/article.aspx?did=1001111985

¹⁷
Stratasys Ltd. (NASDAQ:SSYS) 20-F Fillings for Fiscal Year 2015; https://www.globes.co.il/news/article.aspx?did=1001111985

¹⁸
https://www.themarker.com/technation/2018-07-11/ty-article/0000017f-e11e-d9aa-afff-f95e26630000

¹⁹
https://3dprint.com/301482/origin-shareholders-sue-stratasys-related-to-breach-of-acquisition-agreement/?utm_source=dlvr.it&utm_medium=linkedin

²⁰
Stratasys Ltd. (NASDAQ:SSYS) 20-F Fillings for Fiscal Year 2020

²¹
https://investors.stratasys.com/sec-filings/all-sec-filings/content/0001213900-22-025940/0001213900-22-025940.pdf

July 17, 2023 1:01 pm

Q2 Announces Second Philanthropy Fund Grant Cycle

Q2 Announces Second Philanthropy Fund Grant Cycle

Program to award $120,000 in grants to non-profits across the globe to further their mission and build strong and diverse communities

AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its second Q2 Philanthropy Fund grant application cycle, which will award $120,000 in grants to non-profits across the globe to further its mission of building strong and diverse communities. The initiative is led in partnership with Austin Community Foundation (ACF), a grantmaking public charity, to make it easier and more accessible for non-profit organizations to apply for grants from Q2.

“We are excited to kick off the second grant cycle of the Q2 Philanthropy Fund and look forward to helping non-profits around the globe increase their positive impact and further their mission,” said Kim Rutledge, Chief People Officer, Q2. “Our goal is to ignite a community of philanthropists and empower our people to help build strong and diverse communities. To this end, the grant recipients are selected by a committee of Q2 employees from across our organization and geographies.”

ACF is a grantmaking public charity dedicated to improving people’s lives in a specific region and beyond. ACF helps support Q2’s process of managing grant requests to ensure greater access to grant funding through a transparent, rigorous, and equitable process. They also serve as a connector across a robust network of philanthropic organizations, community leaders, and fellow philanthropists, allowing Q2’s efforts to benefit more people and communities.

Non-profits are encouraged to apply for a grant through the Q2 Philanthropy Fund. The deadline to apply is August 4, 2023. To be considered eligible, an organization must: have tax-exempt status under Sections 501(c)(3) or 170(b)(1)(a)(vi) of the Internal Revenue Code and units of government or have a 501(c)(3) Fiscal Sponsor. For those non-profits outside of the U.S., ACF partners with a third-party organization to validate the charitable status of the guarantee.

To learn more about grant application requirements and apply for a grant, please visit: https://www.q2.com/q2-philanthopy-fund

In 2021, Q2 launched Q2 Spark, its corporate social responsibility program dedicated to igniting a community of philanthropists within Q2 and serving local communities. In 2022 alone, Q2 employees volunteered more than 9,000 hours for 216 philanthropic organizations; combined with employee giving, Q2 contributed more than $1 million to philanthropic organizations worldwide, including 25 diversity, equity and inclusion (DEI)-focused causes and organizations, representing a 79% increase from 2021. The Q2 Philanthropy Fund is a part of Q2 Spark.

ABOUT AUSTIN COMMUNITY FOUNDATION

For 45 years, Austin Community Foundation has brought together philanthropists, dollars and ideas to make Austin a better place for everyone. The Austin Community Foundation brings together the financial resources of individuals, families, and businesses to support local causes and address the needs in their communities.

ABOUT Q2 HOLDINGS, INC.

Q2 is a leading provider of digital banking and lending solutions to banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables its financial institutions and fintech companies to provide comprehensive, secure, data-driven digital client engagement solutions—from consumers to small businesses and corporate clients. Headquartered in Austin, Texas, Q2 has offices throughout the world and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com. Follow us on LinkedIn and Twitter to stay up-to-date.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230717565970/en/

Carly Baker

Q2 Holdings, Inc.

+1 210-391-1706

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Environmental, Social and Governance (ESG) Security Data Management Technology Finance Fintech Banking Professional Services Philanthropy Fund Raising Digital Cash Management/Digital Assets Foundation DEI (Diversity, Equity and Inclusion) Software Other Philanthropy

MEDIA:

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July 17, 2023 12:59 pm

Textron Aviation Introduces All-New Interiors for Its Iconic Cessna Single-Engine High-Wing Piston Lineup

Textron Aviation Introduces All-New Interiors for Its Iconic Cessna Single-Engine High-Wing Piston Lineup

WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation announced today significant enhancements to its iconic Cessna high-wing piston aircraft lineup — the Cessna Skyhawk, Cessna Skylane, Cessna Turbo Skyhawk and Cessna Turbo Stationair HD. Coming in 2024, customers will enjoy a range of new high tech standard features and sleek interior design options including modern and comfortable seating, updated instrument panels and new exterior paint styles.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230716272435/en/

Coming in 2024, customers of Cessna’s high-wing piston aircraft lineup will enjoy a range of new high tech standard features and sleek interior design options including modern and comfortable seating, updated instrument panels and new exterior paint styles. (Photo: Business Wire)

The Cessna Skyhawk, Skylane, Turbo Skylane and Turbo Stationair HD are designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.

“For decades, pilots have chosen the Cessna piston lineup for its durability, comfort and performance,” said Christi Tannahill, senior vice president, Customer Experience. “When designing the next interior for the iconic aircraft family, it was important that we include feedback from customers and fans. The result is a more modern, sporty feel that aligns with our family of Cessna Citation jets for the best aviation experience.”

The first change that customers will notice is an enhanced level of comfort and functionality throughout the aircraft. With new power headset jacks and charging ports at every seat (USB A and C device compatibility), upgraded seats with additional support and padding, and a brand-new center armrest for the Cessna Skylane, Turbo Skylane, and Turbo Stationair HD models, customers will experience a whole new level of excellence in flight.

The lineup also offers exceptional style with top-notch performance. From the sleek black instrument panel to the new side panels, window locks and air vents, the aircraft is designed to make the flying experience even more exciting. Owners can select from a variety of modern standard paint schemes to customize their aircraft and make it their own. With decades of impressive performance, powerful capability and low operating costs, the Cessna piston lineup is the perfect choice for aviators — whether they’re taking their first solo flight or charting their next big adventure.

“Cessna pistons inspire the journey of flight,” said Chris Crow, vice president, Textron Aviation Piston Sales. “If you’re a pilot, odds are that you learned how to fly in a Skyhawk. This investment demonstrates Textron Aviation’s continued enthusiasm for our piston aircraft lineup, and we are thrilled to see these aircraft continue to support pilots worldwide in their training ambitions or mapping their next adventure.”

Customers and fans can experience the new interior for the first time when the company debuts the design in a Cessna Skyhawk at the upcoming 2023 Experimental Aircraft Association AirVenture in Oshkosh, Wisconsin.

About Textron Aviation

We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

About Textron, Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; demand softness or volatility in the markets in which we do business; and performance issues with key suppliers or subcontractors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230716272435/en/

Media:

Rachel Williams

+1.316.706.7201

[email protected]

txtav.com

KEYWORDS: Kansas United States North America

INDUSTRY KEYWORDS: Aerospace Manufacturing Other Manufacturing Air Transport

MEDIA:

Photo

Textron Aviation has announced significant enhancements to its iconic Cessna high-wing piston aircraft lineup including sleek interior design options . (Photo: Business Wire)

Photo

Customers of the Cessna high-wing piston aircraft lineup will enjoy a range of new high tech standard features and sleek interior design options, including modern and comfortable seating, updated instrument panels and new exterior paint styles. (Photo: Business Wire)

Photo

Significant enhancements to the iconic Cessna high-wing piston aircraft lineup include a sleek black instrument panel as well as new side panels, window locks and air vents, all designed to make the flying experience even more exciting. (Photo: Business Wire)

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July 17, 2023 12:58 pm

PENN Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 9

PENN Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 9

WYOMISSING, Pa.–(BUSINESS WIRE)–
PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2023 second quarter financial results at 7:00 a.m. ET on Wednesday, August 9, 2023 followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public.

The conference call number is 212/231-2913; please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call at www.pennentertainment.com; allow 15 minutes to register and download and install any necessary software. Questions and answers will be reserved for call-in analysts and investors. A replay of the call can be accessed for thirty days at www.pennentertainment.com.

About PENN Entertainment

PENN Entertainment, Inc. (Nasdaq: PENN) is North America’s leading provider of integrated entertainment, sports content and casino gaming experiences. PENN operates 43 properties in 20 states, online sports betting in 17 jurisdictions and iCasino in five jurisdictions under a portfolio of well-recognized brands, including Hollywood Casino®, L’Auberge®, Barstool Sportsbook and Casino™ and theScore Bet Sportsbook and Casino®. In 2023, PENN completed its acquisition of Barstool Sports, Inc. (“Barstool”). Barstool’s vast audience, combined with the reach and highly engaged user base of Score Media and Gaming Inc. (“theScore”), provide us with a significant digital footprint and growing customer ecosystem. PENN’s highly differentiated strategy, which is focused on organic cross-sell opportunities, is reinforced by its investments in market-leading retail casinos, sports media assets and technology, including a state-of-the-art, fully integrated digital sports and online casino betting platform and an in-house iCasino content studio. The Company’s portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, which offers its approximately 27 million members a unique set of rewards and experiences across our various channels. PENN is deeply committed to fostering a culture that welcomes a diverse set of customers and dedicated team members. The Company has been consistently ranked in the top two as “Employer of First Choice” over the last nine years in the Bristol Associates-Spectrum Gaming’s Executive Satisfaction Survey. In addition, as a long-standing good corporate citizen, PENN is also committed to creating a culture of responsible gaming, being a trusted and valued member of its communities and acting as a responsible steward of our finite natural resources.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230717121868/en/

Mike Nieves

SVP, Finance & Treasurer

PENN Entertainment, Inc.

610/373-2400

Joseph N. Jaffoni, Richard Land

JCIR

212/835-8500 or [email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Entertainment Other Entertainment General Entertainment Mobile Entertainment Electronic Games Casino/Gaming

MEDIA:

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July 17, 2023 12:56 pm

Hasbro Celebrates its 100th Anniversary at 2023 San Diego Comic-Con International

Hasbro Celebrates its 100th Anniversary at 2023 San Diego Comic-Con International

Revealing an Amazing Brand Lineup Through Dazzling New Products, Experiences, Programming and More Surrounding Fan-Favorite Brands: TRANSFORMERS, Dungeons & Dragons, Magic: The Gathering, NERF, G.I. JOE, Power Rangers and Premier Collaboration Brands: Star Wars™, Indiana Jones™ and Marvel

Visit Hasbro Booth #3213 for Talent Meet & Greets, Signings, Product Showcases, Photo Opportunities, Contests, and Giveaways, Among Other Fun-Filled Branded Activities

Select Hasbro Pulse Products and Convention Exclusives Will Be Available to Purchase at The VAULT: A Hasbro Pulse Store in Downtown San Diego, CA

PAWTUCKET, R.I.–(BUSINESS WIRE)–
Celebrating its centennial anniversary this year, Hasbro, Inc., a toy and game company, is returning to San Diego Comic-Con International, showcasing an incredible lineup of branded activities based on fan favorites, including TRANSFORMERS, Dungeons & Dragons, Magic: The Gathering, NERF, G.I. JOE and Power Rangers, as well as products from premier collaboration brands, Star Wars™, Indiana Jones™ and Marvel fromThe Walt Disney Company.

“We are absolutely thrilled to celebrate our 100th anniversary with our fans at San Diego Comic-Con,” said Kim Boyd, Head of Toy at Hasbro. “With ten decades of unforgettable history, Hasbro has been instrumental in enabling generations of families to create lasting memories through imaginative play and storytelling. Along with new product launches at San Diego Comic-Con, fans can expect to experience their favorite products and entertainment in innovative ways, featuring iconic brands like TRANSFORMERS, G.I. JOE, and NERF.”

HASBRO BOOTH #3213

Convention Exclusives – Hasbro is offering the following four San Diego Comic-Con 2023 exclusive products: Transformers: Legacy Evolution – Deluxe Class War Dawn 2-Pack,Star Wars: The Vintage Collection Krrsantan action figure, Marvel Legends SeriesDeadpoolandBob, Agent of Hydra and G.I. JOE Classified Series Philip “Chuckles” Provost. Attendees can visit the Hasbro Pulse Desk at the Hasbro Booth (#3213) to receive a one-time use code, which can be scanned to pre-order. One code, per product, per customer. Limited quantities will be available to pre-order on HasbroPulse.com after the convention. While supplies last. Additional product information and photos can be found here.

Programming – In addition to hosting several insightful brand panels at San Diego Comic-Con (SDCC), Hasbro has a powerhouse programming schedule planned at its booth to help attendees have a memorable convention experience. Fans can look forward to a variety of activities, brand displays, and giveaways across the multi-day event, such as signing opportunities with Larry Hama (G.I. JOE), Gregg Berger (TRANSFORMERS), Marcelo Matere (TRANSFORMERS), Daniel Warren Johnson (TRANSFORMERS), David Nakayama (Marvel), and Harry Moore (Marvel). Other highlights include the Hasbro 100th Archive Product Displays, Robosen Product Demostrations, Transformers:EarthSpark – Expedition video game panel with Outright Games, and Transformers: EarthSpark 1-Step Flip Toy Challenge to win awesome themed prizes and much more.

Transformers: EarthSpark – Expedition Video Game Demo Station – Fans young and old can walk up and play a brief demo of the single-player action-adventure game starring Bumblebee. The game, produced by partner Outright Games, officially releases globally this Fall across PC, PS5, Xbox Series X/S, PS4, Xbox One, and Nintendo Switch. The announcement trailer can be viewed here.

NERF Pro Gelfire Demo Station– NERF is also returning to SDCC to bring back its popular NERF Pro Gelfire blaster booth so competitive, active play fans can demo the hottest blaster drops from the line: NERF Pro GelfireGhost, Raid and Dual Wield Pack.

Hasbro Selfie Series– Convention attendees will have the opportunity to digitally re-imagine themselves and become a premium one-of-a-kind action figure based on characters from G.I. JOE, Ghostbusters, Power Rangers, and more. The Selfie Series team will be unveiling an updated version of the Selfie Series App that now includes more ways to customize. The updates include eyeglasses, sculpted beards and mustaches as well as several new hairstyles. Fans at SDCC will have the opportunity to become an action figure using the updated app at the Selfie Series booth. They will also receive a unique package sleeve commemorating the convention, and a branded figure stand as a gift with purchase. The stand and sleeve are exclusive to purchases made at the SDCC booth.

TRANSFORMERS MIRAGE Porsche 911 Photo Opp – In celebration of the home entertainment debut of the hit film TRANSFORMERS: RISE OF THE BEASTS, fans will have the opportunity to pose for a photo with the MIRAGE Porsche 911, receive a free, limited-edition poster designed by Orlando Arocena aka “Mexifunk” (while supplies last), and win digital codes to watch the adrenaline-fueled blockbuster at home! At the Hasbro booth on Saturday, July 22, from 6-7PM, “Mexifunk” will also be signing a select number of the exclusive Comic-Con posters.

In celebration of the Mighty Morphin Power Rangers 30th Anniversary, visit our partners at the Entertainment Earth booth (#2343) for a morphinomenal time! We are excited to share that the Power Rangers Lightning Collection Remastered Mighty Morphin Black Ranger will begin pre-orders exclusively at Entertainment Earth and Hasbro Pulse for the duration of San Diego Comic-Con. Limited quantities available are available for purchase at the Entertainment Earth booth. Stay tuned to @EntEarth and @HasbroPulse for additional pre-order details.

Show-goers are encouraged to check the schedule posted in Hasbro’s information booth each day for updates and follow @Hasbro on Twitter, as well as @Hasbro & @HasbroPulse on Instagram for the latest happenings.

THE VAULT: A HASBRO PULSE STORE

Hasbro is hosting The VAULT: A Hasbro Pulse Store at the Sparks Gallery (530 Sixth Avenue) so fans can purchase Hasbro Pulse’s best-selling products and select convention exclusives. To purchase the SDCC convention exclusives, you must present a valid convention badge. Limit two per customer. While supplies last. Also, view displays of some of the most iconic products to celebrate Hasbro’s 100th Year Anniversary.The shop will be open to the public on the following days (times subject to change):

Thursday, July 20: 11AM – 6PM

Friday, July 21: 11AM – 6PM

Saturday, July 22: 11AM – 6PM

Sunday, July 23: 11AM – 5PM

TRANSFORMERS: RISE OF THE BEASTS SDCC TAKEOVER

Celebrating the digital and streaming release of Transformers: Rise of the Beasts film on Paramount+, fans can visit the Petco Interactive Zone (58 11th Ave) for giveaways and photo opportunities with Optimus Prime, Optimus Primal and Mirage statues. Additionally, The Lodge: A Paramount+ Experience at Happy Does Bar in downtown San Diego (340 Fifth Ave) will be decorated with the film’s 90s-themed aesthetics and offer airbrush tattoos of Autobot and Maximal icons.

HASBRO BRANDS, PARTNERS, AND PINS: A SCAVENGER HUNT ADVENTURE

For the first time this year, Hasbro collaborates with licensing, publishing, and retail partners on a free pin scavenger hunt, allowing fans to collect pins featuring iconic Hasbro brands. Visit the Hasbro booth (#3213), offsite pop-up shop, and partner booth locations, including BOOM! Studios, Diamond Select, Entertainment Earth, Icon Heroes, Kotobukiya, Mezco, Skybound Entertainment, Super7 and Super Impulse to collect the 21 different pin designs while supplies last (quantities are limited). More information about pins and locations is available in each participating booth.

BRAND PANELS

What’s more, attendees can dig deeper into Hasbro’s wondrous brands TRANSFORMERS, Dungeons & Dragons, Magic: The Gathering and G.I. JOE, along with premier collaboration brands, including Star Wars and Marvel, through engaging brand panels where they’ll get first looks at never-before-seen product and toy innovations, along with other major brand news!

Thursday, July 20

Secrets of D&D Dungeon Mastering Panel: Thursday, July 20 at 12:30PM – 1:30PM | Room: 29CD– Chris Perkins (Principal Game Design Architect, Dungeons & Dragons), Dungeon Master extraordinaire is here to answer, “How do you do THAT?!” and give you advice on how to level up your Dungeon Master game! All are welcome, from DM-curious to experts!

Hasbro TRANSFORMERS Generations Toy Panel: Thursday, July 20 at 1:30PM – 2:30PM | Room: 29CD – LET THEM COME! Screenwriter, game designer and novelist Flint Dille joins the TRANSFORMERS team as Ben (Hasbro Marketing) Delaney (Hasbro Marketing) and Evan (Hasbro Design) take attendees through some ALL-NEW TRANSFORMERS Action Figures – Studio Series: Rise of the Beasts, the FIRST Studio Series Commander, and Generations Exclusive toy reveals! The team will also hold a Q&A to discuss all things CYBERTRONIAN! So, get ready for a panel that’s…More Than Meets The Eye.

It’s Morphin Time with BOOM! Studios; Thursday July 20 at 2:00PM – 3:00PM | Room: 25ABC– BOOM! Studios and Hasbro celebrate 30 years of Mighty Morphin Power Rangers storytelling in comics! Join Melissa Flores (Mighty Morphin Power Rangers), Meghan Camarena (Power Rangers HyperForce), and series editors Allyson Gronowitz and Dafna Pleban for a roundtable discussion on the history of the series, an exciting look at what’s next, and some special surprises

Magic: The Gathering Goes to Universes Beyond Panel: Thursday, July 20 at 7:00PM – 8:00PM | Room: 7AB– Magic: The Gathering’s Universes Beyond lineup is bringing the game to exciting new places, crossing over with your favorite books, games, and shows! From The Lord of the Rings to Doctor Who, Gavin Verhey (principal game designer, Magic: The Gathering) will share the secrets behind bringing these sets to life, and some sneak peeks of the future!

All A-Bot Transformers: EarthSpark Panel: Thursday, July 20 at 5:30PM – 6:30PM | Room: 24ABC – Prepare for more Autobots, more Decepticons, and more Terrans! From Paramount+, Hasbro’s Entertainment One, and Nickelodeon, Transformers: EarthSpark is an original animated series based on the iconic global franchise. Catch this exclusive panel and screening of never-before-seen content. Attendees will also be treated to a sneak peek of behind-the-scenes visuals from upcoming new episodes, including the special one-hour season finale slated to debut exclusively on Paramount+ later this summer. Plus don’t miss the chance to participate in a Transformers-themed trivia contest– study up and come prepared to win awesome franchise swag.

Friday, July 21

Hasbro Toys Panel for Marvel: Friday, July 21 at 12:30PM – 1:30PM | Room: 5AB – Dwight, Ryan and Dan (Hasbro) plus Jesse (Marvel) share exciting news for Hasbro’s popular Marvel Legends product line. They will give a sneak peek of upcoming, never-before-seen items and hold a Q&A session for attendees.

Hasbro Star Wars Panel: Friday, July 21 at 2:00PM – 3:00PM | Room: 7AB– Join Patrick and Jing from Hasbro Marketing and Chris and Eric from Hasbro Design as they discuss the popular Hasbro Star Wars line, including the Black Series and The Vintage Collection. Attendees will get an in-depth look at Hasbro’s latest action figure and premium roleplay offerings from throughout the saga. Word on the Holonet is there may also be a few surprises.

Saturday, July 22

Hasbro G.I. JOE Classified Series Panel: Saturday, July 22 at 12:00PM – 1:00PM | Room: 9 – Joes and Cobras don’t agree on much, but even they can see that G.I. JOE’S Classified Series toy line is an absolute hit. Join Emily, John, Lenny, and Tony from the development team to learn never-before shared behind-the-scenes info, get a sneak peek into the future of Classified Series, and learn more about the most recent HasLab project. Make sure to attend because knowing is half the battle!

You Got Your Pop Culture in My D&D! Panel: Saturday, July 22 at 3:30PM – 4:30PM | Room: 29CD– Chris Perkins (Principal Game Design Architect, Dungeons & Dragons) and Josh Herman (Principal Art Director, Dungeons & Dragons) talk pop culture’s invasion of Dungeons and Dragons! Learn how the folks who make D&D are teaming up to bring some of your favorite media sensations to your gaming table!

Magic The Gathering Panel, Blogatog Live: Saturday, July 22 at 6:30PM – 7:30PM | Room: 24ABC– Magic head designer Mark Rosewater presents this one-man program in which he re-creates his daily blog, answering the audience’s questions about the making of the popular trading card game.

About Hasbro

Hasbro is a toy and game company whose mission is to entertain and connect generations of fans through the wonder of storytelling and exhilaration of play. Hasbro delivers engaging brand experiences for global audiences through toys, consumer products, gaming and entertainment, with a portfolio of iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands.

Hasbro is guided by our Purpose to create joy and community for all people around the world, one game, one toy, one story at a time. For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, one of the World’s Most Ethical Companies by Ethisphere Institute and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50. For more information, visit https://corporate.hasbro.com.

© 2023 Hasbro, Inc. All Rights Reserved.

TRANSFORMERS © 2023 Hasbro. TRANSFORMERS EarthSpark © 2023 Hasbro/Viacom.

STAR WARS and related properties are trademarks and/or copyrights, in the United States and other countries, of Lucasfilm Ltd. and/or its affiliates. © & TM Lucasfilm Ltd.

© 2023 MARVEL

HAS-CP

View source version on businesswire.com: https://www.businesswire.com/news/home/20230717497020/en/

Hasbro

Crystal Flynn

[email protected]

KEYWORDS: California Rhode Island United States North America

INDUSTRY KEYWORDS: Toys Entertainment Advertising Retail Communications General Entertainment

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Posted on July 17, 2023 12:55 pm
AGCO Announces Second-Quarter 2023 Earnings Release and Conference Call

AGCO Announces Second-Quarter 2023 Earnings Release and Conference Call

DULUTH, Ga.–(BUSINESS WIRE)–
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its second-quarter 2023 earnings release conference call is scheduled for Thursday, July 27 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

The webcast will also be archived for 12 months immediately afterward.

About AGCO:

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Fendt®, GSI®, Massey Ferguson®, Precision Planting® and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $12.7 billion in 2022. For more information, visit www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

Please visit our website at www.agcocorp.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230717228745/en/

Greg Peterson

Vice President, Investor Relations

(770) 232-8229

[email protected]

Rachel Potts

Chief Communications Officer

(678) 654-7719

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Other Natural Resources Manufacturing Agriculture Natural Resources Other Manufacturing Machinery

MEDIA:

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