Market Newsdesk

SAN FRANCISCO, Aug. 29, 2023 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, announced today that the Company will be participating in the upcoming Baird 2023 Global Healthcare Conference and the Morgan Stanley 21^st Annual Global Healthcare Conference.

iRhythm’s management is scheduled to present at Baird’s 2023 Global Healthcare Conference on Tuesday, September 12, at 9:05 am Eastern Time and at the Morgan Stanley Global Healthcare Conference on Wednesday, September 13, at 1:35 pm Eastern Time. Those interested in listening to the presentation may do so by accessing the live and archived webcast of the events, which will be available on the investors section of the Company’s website at investors.irhythmtech.com.

About iRhythm Technologies, Inc.

iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.

Investor Relations Contact

Stephanie Zhadkevich
(919) 452-5430
[email protected]

iRhythm Media Contact:

Saige Smith
(262) 289-7065
[email protected]

WILMINGTON, Del., Aug. 29, 2023 (GLOBE NEWSWIRE) — Prelude Therapeutics Incorporated (Nasdaq: PRLD), a clinical-stage precision oncology company, today announced that company executives will participate in three upcoming healthcare investment conferences. Details are as follows:

About Prelude Therapeutics
Prelude Therapeutics is a clinical-stage precision oncology company developing innovative drug candidates targeting critical cancer cell pathways. The Company’s diverse pipeline is comprised of highly differentiated, potentially best/first-in-class proprietary small molecule compounds aimed at addressing specific pathways for cancers with selectable underserved patients. Prelude’s pipeline includes four candidates currently in clinical development: PRT1419, a potent, selective inhibitor of MCL1, PRT2527, a potent and highly selective CDK9 inhibitor, PRT3645 a next generation CDK4/6 inhibitor, PRT3789 an IV administered, potent and highly selective SMARCA2 degrader, and a preclinical oral candidate targeting SMARCA2.

For more information, visit our website and follow us on LinkedIn and Twitter.

Investor Contact: 
Lindsey Trickett 
Vice President, Investor Relations 
240.543.7970 
[email protected]

Media Contact: 
Helen Shik
Shik Communications
617.510.4373
[email protected]

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Abraham, Fruchter & Twersky, LLP (www.aftlaw.com), a nationally recognized law firm that focuses on protecting investors’ rights, announces its filing of a class action lawsuit on behalf of investors who purchased Verizon common stock captioned General Retirement System of the City of Detroit v. Verizon Communications, Inc., No. 23-cv-05218 (D.N.J.).

The Verizon class action lawsuit seeks to represent purchasers or acquirers of publicly traded Verizon Communications, Inc. (NYSE: VZ) securities between October 30, 2018 and July 26, 2023, inclusive (the “Class Period”). The Verizon class action lawsuit alleges that Verizon and certain of its top current and former executive officers violated the Securities Exchange Act of 1934. The first-filed complaint relating to matters alleged in this action is captioned Meehan v. Verizon Communications, Inc., No. 23-cv-01375 (W.D. Pa.), and was filed on August 1, 2023.

If you suffered substantial losses and would like to discuss serving as lead plaintiff of the Verizon class action lawsuit, please contact Mitchell M.Z. Twersky or Lawrence D. Levit by email at [email protected] and [email protected], or telephone at (212) 279-5050. There is no cost or obligation to you. Lead plaintiff motions for the Verizon class action lawsuit must be filed with the court no later than October 2, 2023.

The Verizon class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Verizon owns telecommunications cables around the country that are highly toxic due to their being wrapped in lead, and which harm Verizon employees and non-employees alike; (ii) Verizon faces potentially significant litigation risk, regulatory risk, and reputational harm as a result of its ownership of these lead-covered cables and the health risks stemming from their presence around the United States; and (iii) Verizon was warned about the damage and risks presented by these cables but did not disclose them as a potential threat to employee safety or to everyday people and communities.

Abraham, Fruchter & Twersky, LLP (www.aftlaw.com), is a law firm based in New York with an office in California, that has extensive experience in litigating securities law violations on behalf of investors.

Attorney advertising. Prior results do not guarantee similar outcomes.

CHICAGO, Aug. 29, 2023 (GLOBE NEWSWIRE) — SP+^® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its five-year contract for management of all public and employee parking facilities, and public and employee shuttle service at Eppley Airport (OMA), in Omaha, Nebraska.

OMA is the largest airport in Nebraska, with a mission to provide premier customer service and airport facilities through operational excellence. In 2022, more than 4.5 million passengers flew through OMA.

“OMA strives to be the best airport in the Midwest,” said Jason Finch, President, West Airports, SP+ Corporation. “Airport leadership has high expectations in customer service, efficiency, operational excellence, safety, and professionalism. SP+ is an operator with a proven track record of providing high-quality parking and shuttle bus operations. We look forward to a strong working relationship with OMA while managing their fleet shuttle buses, and more than 9,000 on-site parking spaces within its garages and surface lots.”

About SP+

SP+ (www.spplus.com) develops and integrates industry-leading technology with best-in-class operations management and support to deliver mobility solutions that enable the efficient and time-sensitive movement of people, vehicles, and personal travel belongings. With over 20,000 team members located throughout North America and Europe, SP+ is committed to providing solutions that make every moment matter for a world on the go.

CONTACT:

William Rongey
SP+
Director of Corporate Communications
312-274-2102

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JUPITER, FL, Aug. 29, 2023 (GLOBE NEWSWIRE) —
Jupiter Wellness, Inc. (Nasdaq: JUPW), a diversified company that supports health and wellness, today announced the appointment of Jarrett Boon as the Company’s COO. Boon was the Co-Founder and CEO of GBB Drink Lab. Jupiter recently announced that it had entered into a definitive agreement to acquire Safety Shot, the world’s first rapid blood alcohol detox drink, and all related assets from GBB Drink Lab. Safety Shot creates a new product category for rapid alcohol detoxification in the fast-growing hangover remedy market, valued at $1.56 billion in 2020 and projected to grow at a CAGR of 14.6% through 2028.

Boon has over 30 years of experience building successful businesses from creation to exit. He was one of the original thought leaders and investors in LifeLock, a leading identity protection provider, where he applied his expertise in sales, marketing, and strategic business development to grow LifeLock to $500 million in revenue. LifeLock went public in 2012 and was subsequently acquired by Symantec in 2016 for $2.3 billion. Prior to LifeLock, Boon founded SW Promotions, a marketing and advertising company. SW Promotions and its 400 employees were acquired by one of its publicly traded partners.

“I’m super excited to join Jupiter Wellness before the imminent launch of Safety Shot and to build the business into what I believe can be an iconic functional wellness beverage brand. While Safety Shot is an entirely different industry than LifeLock, there are very similar patterns in terms of safety, as well as the potential growth trajectory of the business,” Jarrett Boon stated.

“With the GBB Drink Lab executive team all now on board with Jupiter, we believe the success of the Safety Shot launch is assured. This team has a stellar track record of success and we are thrilled that they will lead the business,” stated Jupiter Wellness CEO Brian John.

About Jupiter Wellness

Jupiter Wellness is a diversified company that supports health and wellness by researching and developing over-the-counter (OTC) products and intellectual property. The Company’s product pipeline addresses a range of conditions, including hair loss, psoriasis, and vitiligo. Revenue is generated through the sales of OTC and consumer products and licensing royalties.

Interested investors and shareholders are encouraged to sign up for press releases and industry updates by registering for Email Alerts at https://jupiterwellness.com/email-alerts/ and by following Jupiter Wellness on Twitter and LinkedIn.

Forward Looking Statements

This communication contains forward-looking statements regarding Jupiter Wellness, including, the anticipated timing of studies and the results and benefits thereof. You can generally identify forward-looking statements by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” or “will,” or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are based on each of the Company’s current plans, objectives, estimates, expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond Jupiter Wellness’ control. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks and uncertainties affecting Jupiter Wellness and, including those described from time to time under the caption “Risk Factors” and elsewhere in Jupiter Wellness’ Securities and Exchange Commission (SEC) filings and reports, including Jupiter Wellness’ Annual Report on Form 10-K for the year ended December 31, 2023 and future filings and reports by Jupiter Wellness. Moreover, other risks and uncertainties of which the combined company is not currently aware may also affect each of the companies’ forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. Investors are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements made in this communication are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available by Jupiter Wellness on its website or otherwise. Jupiter Wellness undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances that exist after the date as of which the forward-looking statements were made.

J
upiter Wellness
Media Contact:

Phone: 561-244-7100
Email: [email protected]

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BOCA RATON, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) — Top Draw Animation (TDA), a leading source of premium animation production services for programming shown throughout the world, and a division of Grom Social Enterprises Inc. (NASDAQ: GROM), today announced that it will begin work later this month on new assignments for a combined value of $1.259MM USD. The new projects add to the $2.2MM of value from remaining contracted assignments already in progress as of June 30, 2023. The values and assignments were confirmed today by Top Draw Animation’s Executive Vice President, Jared Wolfson.

Top Draw’s team of 300 animation pros oversee all facets of production on the animated TV projects and short-form content. Based in Manila, Philippines, the company produces animated series, movies, specials and short-form programming for several leading global and international entertainment providers and was acquired by Grom Social Enterprises in 2016. The studio operates under the direction of the company’s two Hollywood-based leaders; President Russell Hicks, who earlier led Nickelodeon’s original animation and live action production; and the aforementioned Wolfson, both of whom assumed their new roles in 2021.

“Top Draw Animation continues to deliver best-in-class animation production to audiences around the world,” explains Wolfson. “The passion, creativity and commitment to excellence coming from the dedicated teams at our Manila-based headquarters continue to drive studio growth.”

About Grom Social Enterprises, Inc.

Grom Social Enterprises, Inc. is a growing social media platform and original content provider of entertainment for children under 13 years of age, which provides safe and secure digital environments for kids that can be monitored by their parents or guardians. The Company has several operating subsidiaries, including Grom Social, which delivers its content through mobile and desktop environments (web portal and apps) that entertain children, let them interact with friends, access relevant news, and play proprietary games while teaching them about being good digital citizens and Curiosity Ink Media, a global media company that develops, acquires, builds, grows, and maximizes the short, mid & long-term commercial potential of Kids & Family entertainment properties and associated business opportunities. The Company owns and operates Top Draw Animation, which produces award-winning animation content for some of the largest international media companies in the world. Grom also includes Grom Educational Services, which provides web filtering services for K-12 schools, government and private businesses. For more information, please visit https://gromsocial.com.

Forward-Looking Statements

This press release contains statements, which may constitute “forward-looking statements.” Those statements include statements regarding the intent, belief, or current expectations of Grom and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.gromsocial.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Media Contact for Top Draw Animation/Grom

Paul Ward
+1-917-0593-6066
[email protected]

Brooklyn, NY, Aug. 29, 2023 (GLOBE NEWSWIRE) —  Cemtrex Inc. (Nasdaq: CETX, CETXP), an advanced security technology and industrial services company, has received a $1.5 million order through its Vicon Industries subsidiary for a large correctional facility, and current end-customer, in Maryland to upgrade its security technology system with new Valerus software and hardware.

The enterprise-class system installation includes Vicon’s state-of-the-art end-to-end Valerus video surveillance security system and Roughneck AI cameras, as well as servers to support a large increase in storage hardware. The order is expected to be fulfilled in the third quarter of the calendar year. Details of the customer were not provided due to confidentiality agreements in place.

“Vicon continues to expand rapidly on strong demand and sales execution, leveraging its advanced surveillance technology to attract customers,” said Saagar Govil, Chairman and CEO of Cemtrex. “Multiple large orders are demonstrating Vicon’s ability to address escalating demand as end-users seek a reliable source of video surveillance and access control technologies fit for today’s highly dynamic environment.
Vicon offers customers a complete solution with the ability to monitor license plates (LPR), access control and video management, all from Valerus. Its sophisticated – yet simple and flexible – interface helps users monitor and investigate video, audio, alarms, access control, license plate recognition and system health — all without changing windows or systems.

“The escalating need for technology solutions within correctional facilities has become evident in recent years, transforming the way these institutions operate and interact with their environments. With older systems needing replacement, technology systems like Valerus offer innovative tools for enhancing security, communication, and operations. Our correctional customers are increasingly recognizing the urgency of embracing technology to address complex issues and create safer, more effective environments within their facilities. With Vicon’s 55 years of experience and best-in-class offering, we expect additional Vicon orders ahead, driving revenue and momentum,” concluded Govil.

About Cemtrex

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

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

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

For more information visit www.cemtrex.com.

Forward-Looking Statements

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

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Cover Genius, the leading insurtech for embedded protection, is pleased to announce the appointment of David Rudow as its new Chief Financial Officer (CFO). This strategic decision comes as the company enters its next stage of growth to solidify its position as a global leader in the insurtech industry.

Rudow brings a wealth of experience and a proven track record in financial management to the role, with more than 18 years of experience in senior financial positions for private equity and venture-backed companies. Previously, he served as CFO of the cloud-based technology company, nCino (NASDAQ: NCNO), where he led one of the largest US day-one tech IPO “pops” in decades, a successful secondary offering, and facilitated the 2021 acquisition of SimpleNexus, a deal valued at $1.2 billion.

“With David’s proven ability to optimize financial operations, enhance profitability and implement robust financial controls, we are excited to have him join the team as we head toward the next chapter in our continued growth,” said Angus McDonald, CEO and Co-founder of Cover Genius. “His strategic mindset and deep understanding of the industry will contribute significantly to our overall financial performance and further position us for success as the chosen insurtech for the world’s largest digital brands. ”

As CFO, Rudow will oversee all financial operations and strategies to support the company’s expansion plans. This includes managing financial planning, executing financial reporting, and optimizing resource allocation to fuel growth and profitability. His insights and leadership will play a pivotal role in guiding Cover Genius toward achieving its long-term financial objectives.

“I’m thrilled to be joining the Cover Genius team and look forward to helping the company achieve its financial goals,” said Rudow. “I was immediately drawn to the staggering $7 trillion market opportunity within insurtech, and look forward to working hand-in-hand with the executive team to capitalize on strategic growth opportunities that drive financial success and help the company achieve its long-term goals.”

Rudow holds a Bachelor of Science in Business Administration and Accounting from the University of Illinois, Chicago, and a Master of Business Administration in Finance and Accounting from the University of Chicago’s Booth School of Business.

Cover Genius also extends its appreciation to Gavin Dennis, the outgoing CFO, for his dedicated leadership and significant contribution to the company. Throughout his tenure, he has played an integral role in the company’s achievements and impressive growth, leading the expansion and development of the finance function since early 2020. He has also been instrumental in securing growth capital and overseeing acquisitions. As Dennis prepares to embark on his next venture, he will be working closely with his successor, Rudow, to facilitate a seamless transition.

About Cover Genius


Cover Genius
is the insurtech for embedded protection. Through XCover, our global distribution platform for any insurance or other type of protection, we protect the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair, and SE Asia’s largest company, Shopee.

Together with our partners, we co-create solutions to embed tailored, optimized protection that’s licensed or authorized in over 60 countries and all 50 US States.

In addition, we provide customers with a seamless, end-to-end experience via XCover.com. XCover.com handles customers’ needs – from the initial sale through to administration and claims, resulting in an industry-leading post claims NPS of +65. Its award-winning service design has shown to reduce support tickets by 7x.^‡

Media Contact
Shelley Petri
Senior B2B Marketing Communications Manager
[email protected]

^‡
The score includes any type of claim and claim outcome across our partner network except for those partners with less than 30 claims and those not assessed by Cover Genius.
Inquiry statistics are derived from an internal analysis of 1,355 random XCover support inquiries from December 2022, of which 1,258 (93%) had not activated their XCover account and 97 (7%) had.