MANSCAPED™ Launches Ultra Premium™ Collection

MANSCAPED™ Launches Ultra Premium™ Collection

Leading Men’s Grooming Company Continues to Expand Beyond the Groin, Introducing New Five-Product Bundle of Premium Everyday Grooming Essentials

SAN DIEGO–(BUSINESS WIRE)–
Today, men’s lifestyle consumer brand and male grooming category creator, MANSCAPED™, announces the launch of the Ultra Premium™ Collection, available now in the United States and Canada. Further venturing beyond the groin, MANSCAPED’s latest kit features a variety of expertly designed grooming products to keep you clean from head-to-toe.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005412/en/

MANSCAPED’s first kit dedicated for beyond the groin grooming, the Ultra Premium™ Collection, is designed to keep you feeling your best from head-to-toe. (Photo: Business Wire)

MANSCAPED’s first kit dedicated for beyond the groin grooming, the Ultra Premium™ Collection, is designed to keep you feeling your best from head-to-toe. (Photo: Business Wire)

“While we started as a brand dedicated to grooming solutions for the groin, MANSCAPED has evolved into a much broader business that encompasses personal care and lifestyle,” said Paul Tran, Founder and CEO of MANSCAPED. “This launch of consumables exemplifies this significant growth, as well as our continual product expansion and commitment to providing our customers with only the best products for all their self-care needs.”

Formulated with the highest quality ingredients, each product in the Ultra Premium Collection is meant to bring the ultimate experience in full-body grooming and hygiene. The line is infused with MANSCAPED’s signature Refined™ scent and is dermatologist tested, cruelty free, vegan friendly, and made to keep you feeling fresh, clean, and feeling like your best self everywhere, not just below-the-waist. The five-piece bundle includes:

  • Body Wash – Experience a luxurious lather like no other with this efficacious body wash featuring aloe vera and sea salt to keep skin balanced and hydrated. Packaged in an aluminum bottle with a convenient pump top.
  • 2-in-1 Shampoo + Conditioner – Rich in antioxidants and infused with coconut water, green tea, aloe, turmeric, and sage, this one-step formulation is the perfect balance of cleansing and moisturizing.
  • Premium Deodorant – Keep odors at bay with this aluminum-free and perfectly fragranced deodorant that dries quick and clear.
  • Hydrating Body Spray – Quench dry skin with this non-greasy and quick-drying spray-on moisturizer featuring hyaluronic acid and red algae to lock in hydration.
  • Lip Balm – Soothe, protect, and hydrate lips with just a swipe of this lip care stick that offers a refreshing tingle and matte finish. (Sold as a three-pack)

The Ultra Premium Collection is available for purchase now throughout North America with international rollout to follow. Customers can shop the bundle, or SKUs a la carte, on manscaped.com for $54.99 USD and $64.99 CAD, as well as on Amazon. Retail availability will be announced soon.

On November 23, 2021, MANSCAPED announced its entry into a definitive business combination agreement with Bright Lights Acquisition Corp. (Nasdaq: BLTS) (“Bright Lights”). Upon the closing of the business combination, which is expected in the second quarter of 2022, the combined company will be named Manscaped Holdings, Inc. MANSCAPED intends to apply to list the common shares of the combined company on the Nasdaq under the new ticker symbol, “MANS.”

About MANSCAPED™

Founded by Paul Tran in 2016, San Diego, California-based MANSCAPED™ is the global men’s lifestyle consumer brand and male grooming category creator trusted by over four million men worldwide. The product range includes a diversified line of premium tools, formulations, and accessories that are intelligently designed to introduce and elevate a whole new self-care routine for men. MANSCAPED offers a one-stop-shop at manscaped.com and direct-to-consumer shipping in 38 countries, spanning the United States, Canada, Australia, New Zealand, the United Kingdom, the European Union, Norway, Switzerland, Singapore, South Africa, the United Arab Emirates, and the Kingdom of Saudi Arabia. Select products and unique bundles can also be found on Amazon with Prime and pickup options available. Retail placement includes Target, Best Buy, and Macy’s stores throughout the U.S. and Hairhouse locations in Australia. For more information, visit the website or follow on Facebook, Instagram, Twitter, TikTok, and YouTube.

Additional Information and Where to Find It

This press release relates to a proposed transaction between Bright Lights and MANSCAPED. This press release does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In connection with the Transactions described herein, Bright Lights or Bright Lights Parent Corp. intends to file relevant materials with the SEC, including a registration statement on Form S-4, which will include a proxy statement/prospectus. The proxy statement/prospectus will be sent to all Bright Lights stockholders. Bright Lights or Bright Lights Parent Corp. will also file other documents regarding the proposed transactions with the SEC. Before making any voting or investment decision, investors and security holders of Bright Lights are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transactions as they become available because they will contain important information about the proposed transactions.

Investors and security holders will be able to obtain free copies of the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by Bright Lights or Bright Lights Parent Corp. through the website maintained by the SEC at www.sec.gov or by directing a request to Bright Lights via email at [email protected] or calling 310-421-1472.

No Offer or Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transactions and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Bright Lights or MANSCAPED, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.

Participants in the Solicitation

Bright Lights and MANSCAPED and their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation of proxies of Bright Lights’ shareholders in connection with the business combination. Investors and security holders may obtain more detailed information regarding the names and interests in the business combination of Bright Lights’ directors and officers in Bright Lights’ filings with the SEC, including Bright Lights’ Annual Report on Form 10-K for the fiscal year ended December 31, 2020 filed with the SEC on March 31, 2021. To the extent that holdings of Bright Lights’ securities have changed from the amounts reported in Bright Lights’ Annual Report on Form 10-K, such changes have been or will be reflected on Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Bright Lights’ shareholders in connection with the business combination will be set forth in the proxy statement/prospectus filed as part of the Registration Statement on Form S-4 for the business combination, which is expected to be filed by Bright Lights Parent Corp. with the SEC.

This press release is not a substitute for any registration statement or for any other document that Bright Lights or MANSCAPED may file with the SEC in connection with the business combination. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders may obtain free copies of other documents filed with the SEC by Bright Lights through the website maintained by the SEC at www.sec.gov. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Caution Concerning Forward-Looking Statements

Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of MANSCAPED’s management and are not predictions of actual performance. There may be additional risks that neither Bright Lights nor MANSCAPED presently know or that Bright Lights and MANSCAPED currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Bright Lights’ and MANSCAPED’s expectations, plans or forecasts of future events and views as of the date of this press release. Bright Lights and MANSCAPED anticipate that subsequent events and developments will cause Bright Lights’ and MANSCAPED’s assessments to change. However, while Bright Lights and MANSCAPED may elect to update these forward-looking statements at some point in the future, Bright Lights and MANSCAPED specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Bright Lights’ and MANSCAPED’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

MANSCAPED, Inc.

Allison Frazier, Director of Communications

[email protected]

925-216-2791

KEYWORDS: California United States North America Canada

INDUSTRY KEYWORDS: Men Cosmetics Retail Consumer

MEDIA:

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MANSCAPED’s first kit dedicated for beyond the groin grooming, the Ultra Premium™ Collection, is designed to keep you feeling your best from head-to-toe. (Photo: Business Wire)
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MANSCAPED’s new innovative Hydrating Body Spray is made to lock in moisture with the easiest and quickest application. (Photo: Business Wire)
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Do yourself a favor and upgrade your self-care routine with these five premium everyday grooming essentials. (Photo: Business Wire)

UserTesting Introduces New Capabilities for Testing Facebook Metaverse and Virtual Reality Experiences

UserTesting Introduces New Capabilities for Testing Facebook Metaverse and Virtual Reality Experiences

New product release also enables organizations to gather fast feedback from anyone, more tightly align testing to overarching business goals, and optimize usage of the UserTesting platform

SAN FRANCISCO–(BUSINESS WIRE)–UserTesting (NYSE: USER), a leader in video-based human insight, today released new templates for its Human Insight Platform that enable companies to obtain fast, opt-in feedback from any metaverse or virtual reality (VR) user, including those using Meta (formerly Facebook, Inc.). See what the templates can do.

“The metaverse is an entirely new product experience for companies and users alike,” said Andy MacMillan, CEO for UserTesting. “Our new templates can help any organization get rapid, opt-in feedback from real users on how their products and services show up in Meta’s Horizon Worlds (or any metaverse), what those users value in those experiences, and how those users prefer and expect to transact in this emerging environment. With that critical information, companies — including traditional physical goods companies like shoe and apparel brands that are just starting to expand into the metaverse — can more quickly and easily create the best, most immersive user experiences.”

Inspiration and pre-built testing templates for gathering feedback for more use cases, from more people

Designed by research experts, UserTesting templates provide out-of-the-box sample questions that can be used as-is or customized to fit an organization’s exact testing requirements.

UserTesting’s new metaverse and VR templates enable companies building games, products, and other metaverse/VR experiences to obtain rapid user feedback in the form of Customer Experience Narratives (CxNs)™ — video recordings of actual users that have opted in to share their perspectives and experiences as they execute a pre-built series of tasks and instructions online. These CxNs let organizations firsthand:

  • understand what target audiences want and expect from a VR app/metaverse experience;
  • witness a target audience’s first impressions and reactions to the environments, characters, and other app elements featured in early VR/metaverse concepts;
  • see and hear what target audiences really think while they engage with a live VR app/metaverse; and
  • find out if the store listing they created for their VR app/metaverse resonates with target audiences.

With the addition of these new VR/metaverse templates, UserTesting’s Human Insight Platform now features more than 100 pre-built testing templates organizations can use to inspire and jumpstart their testing efforts.

UserTesting also today released several new and expanded features designed to help organizations more easily reach new audiences and develop new use cases, and better optimize their use of the UserTesting platform.

Ability to tap into important insights from new audiences

UserTesting’s Invite Network feature lets organizations capture perspectives and experiences from their own network of contacts by simply sharing with them a link to a user test. This new product release streamlines the Invite Network feedback process even more with a seamless recorder that enables organizations to quickly and easily solicit input from anyone — e.g., employees, customers/clients, prospects, partners — on any browser, without installing any software. As a result, organizations can, for instance, more easily conduct live intercept testing and gather fast feedback by adding a custom link to internal communication channels, emails, chatbots, and in-app messaging.

“It’s hard to prioritize quantitative insights because the process is time-consuming. But everyone at our organization still needs to know what users want and feel,” said B. Sanborn, design research leader/principal at DLR Group. “UserTesting has enabled us to incorporate client feedback into our process. Invite Network saves us much time, and now, with the addition of the seamless recorder, we can reach even more stakeholders — making it so easy for them to participate [in our tests] and give their perspectives.”

New template filtering and categorization

UserTesting added powerful new categorization capabilities to its in-platform Template Gallery that enable users to filter templates according to criteria like test methodology, project phase (i.e., discover needs, validate/refine ideas, engage audience, optimize website/conversions, etc.), job role, or asset type, so they can better align testing efforts to broader organizational business goals.

Improved usage monitoring and optimization

A new Usage and History dashboard helps customers on UserTesting’s new Flex model pricing plan better track, monitor, and manage UserTesting usage across their organizations via increased visibility into factors like overall testing capacity and usage by team member or workspace.

“The innovations we’re announcing today simplify and expedite how different departments across an organization can gather rich customer insights while making it easier for them to reach new testing audiences,” said Kaj van de Loo, CTO at UserTesting. “All of it is immensely important in today’s world of continually changing customer attitudes and behaviors because only companies that deeply understand how their customers really think and feel can deliver the products, apps, and services that win customers and retain their loyalty.”

About UserTesting

UserTesting (NYSE: USER) has fundamentally changed the way organizations get insights from customers with fast, opt-in feedback and experience capture technology. The UserTesting Human Insight Platform taps into our global network of real people and generates video-based Customer Experience Narratives (CxNs)™, so anyone in an organization can directly ask questions, hear what users say, see what they mean, and understand what it’s actually like to be a customer. Unlike approaches that track user behavior then try to infer what that behavior means, UserTesting eliminates the guesswork and brings customer experience data to life with human insight. UserTesting has more than 2,100 customers, including more than half of the world’s top 100 most valuable brands according to Forbes. UserTesting is headquartered in San Francisco, Calif. To learn more, visit www.usertesting.com.

UserTesting, Inc.

Chris Halcon

415-699-0553

[email protected]

KEYWORDS: California Europe United States United Kingdom North America

INDUSTRY KEYWORDS: Software Technology Internet Data Management

MEDIA:

NextNav Selected to Deliver High-Precision Z-Axis Capabilities for 911 by Top Wireless Carrier

NextNav’s Pinnacle 911 will deliver vertical location with floor-level accuracy for wireless 911 calls in over 4,400 cities and towns across the United States, exceeding FCC requirements

MCLEAN, Va., Jan. 19, 2022 (GLOBE NEWSWIRE) — NextNav, a leader in next generation GPS, has entered into an agreement with one of the nation’s largest wireless carriers to deliver vertical location for Enhanced 911 (E911), using NextNav’s Pinnacle 911 solution for all its customers. The delivery of vertical location to public safety answering points (PSAPs) nationwide is a significant step in improving emergency response in the United States. It enables first responders to accurately locate wireless 911 callers in multi-story buildings, enhancing both safety and response times, and ultimately, helping to save lives.

With NextNav’s Pinnacle 911 reaching over 4,400 cities and towns in the United States, the implementation of this service will exceed the Federal Communication Commission’s (FCC) Z-axis requirement for nationwide E911.

By leveraging NextNav’s Pinnacle 911 to deliver reliable and consistent Z-axis capabilities nationwide, floor-level altitude measurements will greatly enhance the ability of PSAPs to accurately identify the indoor location of wireless E911 callers. Dispatchers will be able to more precisely locate where a caller is by adding the vertical dimension alongside their horizontal location of latitude and longitude, and in turn more quickly get callers the help they need.

“For over two decades, one of public safety’s key needs has been 3D geolocation information – especially floor-level vertical location,” said Ganesh Pattabiraman, CEO of NextNav. “Partnering with one of the nation’s largest wireless carriers to deliver precise, Z-axis information will not only improve geolocation information for PSAPs, but save lives by reducing emergency response times by over 80%. This adoption of our Pinnacle technology for 911 marks a historic step forward for communities around the nation, and public safety as a whole.”

NextNav’s Pinnacle service is able to deliver the vertical location of E911 dialers across more than 4,400 cities in the United States, including 90% of buildings above three stories. In an independent evaluation by the Cellular Telecommunications and Internet Association commissioned by the FCC, Pinnacle was able to deliver floor-level accuracy (defined as ±3m) 94% of the time, consistently exceeding the 80% benchmark set by the FCC. With 84% of the US population living in urban areas, Z-axis is a critical technology that will support the public safety community in protecting and saving lives across the country.

NextNav’s Pinnacle service enables applications and technologies that rely on precise altitude data across industries, including public safety, mobile apps and gaming, lone worker tracking as well as out-of-home retail experiences. NextNav’s extensive list of existing partners and customers includes AT&T FirstNet, Intrepid Networks, 3am, TRX Systems, Qualcomm, Bosch, Unity and Unreal Engine.

Source: NN-FIN

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. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to NextNav’s future prospects, developments and business strategies. In particular, such forward-looking statements include statements about NextNav’s position to drive growth in its 3D geolocation business and expansion of its next generation GPS platform, the business plans, objectives, expectations and intentions of NextNav, NextNav’s partnerships and the potential success thereof. These statements are based on NextNav’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NextNav’s control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to, (1) the ability of NextNav to grow and manage growth profitably, maintain relationships with partners, customers and suppliers, and the ability to retain its management and key employees; (2) the ability to generate and effectively deploy capital in line with its business strategies; (3) the possibility that NextNav may be adversely affected by other economic, business and/or competitive factors (including the impacts of the ongoing COVID-19 coronavirus pandemic); (4) the outcome of any legal proceedings that may be instituted against NextNav following the business combination; and (5) other risks and uncertainties indicated from time to time in other documents filed with the Securities and Exchange Commission by NextNav. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and NextNav undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

About NextNav

NextNav Inc. (Nasdaq: NN) is a leader in next generation GPS, enabling a whole new ecosystem of applications and services that rely upon vertical location and resilient geolocation technology. The company’s Pinnacle network delivers highly accurate vertical positioning to transform location services, reflecting the 3D world around us and supporting innovative, new capabilities. NextNav’s TerraPoiNT network delivers accurate, reliable, and resilient 3D positioning, navigation and timing (PNT) services to support critical infrastructure and other GPS-reliant systems in the absence or failure of GPS.

For more information, please visit https://nextnav.com/ or follow NextNav on Twitter or LinkedIn.

Contact

Mahmood Abu-Rubieh
LaunchSquad for NextNav
[email protected]

Whit Clay / Erica Bartsch
Sloane & Company
[email protected] / [email protected]



SentinelOne Extends Support for Amazon Inspector, Amazon EKS Anywhere, and Amazon ECS Anywhere

SentinelOne Extends Support for Amazon Inspector, Amazon EKS Anywhere, and Amazon ECS Anywhere

Broad AWS Solution Coverage Minimizes Risk for Enterprise Cloud Adoption

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–SentinelOne (NYSE: S), an autonomous cybersecurity platform company, today announced an expansion to its work with Amazon Web Services, Inc. (AWS) with support for services including Amazon Inspector, Amazon Elastic Kubernetes Service Anywhere (Amazon EKS Anywhere), and Amazon Elastic Container Service Anywhere (Amazon ECS Anywhere). As a launch partner for these services, SentinelOne is providing unified visibility, protection, automation, and enforcement across the entire enterprise and cloud.

“AWS, as the leading cloud services provider, knows that security is top of mind to enterprises around the world,” said Guy Gertner, Vice President of Product Management, SentinelOne. “Security is paramount to the adoption of cloud services. We are proud to collaborate with AWS to help customers benefit from AWS’s services in a secure fashion. We look forward to continuing to build our relationship with AWS, bringing new integrations to market to better protect cloud workloads.”

With companies prioritizing digital transformation initiatives, information technology (IT) teams are embracing cloud services like AWS for increased agility and reduced time to market. However, agile development practices that emphasize iteration and speed can challenge security teams who may not be prepared to secure workloads as fast as they are created. The friction between development operations (DevOps) and security operations (SecOps) teams often results in cloud misconfigurations. As an active AWS Partner developing joint solutions, SentinelOne provides frictionless autonomous cybersecurity to protect the enterprise’s growing cloud footprint.

SentinelOne and Amazon Inspector

  • Amazon Inspector is an automated vulnerability management service that continually scans AWS workloads for software vulnerabilities and unintended network exposure.
  • By feeding Amazon Inspector’s findings into the Singularity XDR platform, the joint workflow unifies visibility across customers’ AWS infrastructure, delivering autonomous runtime protection, detection, and response for hybrid cloud workloads.

SentinelOne and Amazon EKS Anywhere

  • Amazon EKS Anywhere allows customers to create and operate Kubernetes clusters on customer-managed infrastructure, supported by AWS, for a consistent Amazon EKS experience across AWS and on premises.
  • As a launch collaborator for Amazon EKS Anywhere, SentinelOne extends security and visibility to assets running in the cloud and on premises via a single console for containerized environments.

SentinelOne and Amazon ECS Anywhere

  • Amazon ECS Anywhere enables customers to run and manage container-based applications on premises using the same APIs, cluster management, workload scheduling, monitoring, and deployment pipelines they use with Amazon ECS in AWS.
  • With day-one support for Amazon ECS Anywhere, SentinelOne provides autonomous runtime protection, detection, and response by installing a SentinelOne agent on the Linux compute resources powering Amazon ECS Anywhere clusters.

SentinelOne also holds AWS Security Competency status. The designation recognizes SentinelOne’s technical expertise and proven customer success protecting user endpoints and securing cloud adoption.

SentinelOne is available in the AWS Marketplace. For more information on SentinelOne’s AWS offerings, visit www.sentinelone.com/sentinelone-for-aws.

About SentinelOne

SentinelOne’s cybersecurity solution encompasses AI-powered prevention, detection, response and hunting across endpoints, containers, cloud workloads, and IoT devices in a single autonomous XDR platform.

Will Clark

fama PR for SentinelOne

E: [email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Security Technology Mobile/Wireless Software Networks Internet

MEDIA:

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EuroDry Ltd. Announces Agreement to Acquire M/V Molyvos Luck, a 2014-built Supramax Bulker

ATHENS, Greece, Jan. 19, 2022 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has agreed to acquire M/V Molyvos Luck, a 57,924 dwt drybulk vessel built in 2014, for $21.2 million. The vessel was majority owned by an un-affiliated third party and has been managed by Eurobulk Ltd., also the manager of the majority of the Company’s vessels. The vessel is expected to be delivered to the Company around the end of January 2022. The Company will also assume the existing charter of the vessel at $13,250/day until April 2022. The acquisition will be initially financed by the Company’s own funds; a bank loan will be arranged to partly finance the acquisition after the purchase is completed.

Aristides Pittas, Chairman and CEO of EuroDry commented
:

“We are pleased to announce the acquisition of M/V Molyvos Luck, a Supramax, drybulk carrier built in 2014. This acquisition further expands our modern fleet cluster at a time when the market fundamentals are very supportive of a continuing strong market as there are signs that the pandemic may recede and fleet growth is expected to be limited as evidenced by the historically low levels of the orderbook. At current market rates, we expect that M/V Molyvos Luck will make a significant contribution to our net income and EBITDA. The accumulation of funds that our fleet generates provides us with several investment, expansion or other shareholder reward options and we will continue pursuing those most appropriate for the benefit of our shareholders at any given point.”

Fleet Profile:

After the delivery of the M/V Molyvos Luck, the EuroDry Ltd. fleet profile will be as follows:

Name Type Dwt Year
Built
Employment(*) TCE Rate ($/day)

Dry Bulk Vessels
         
EKATERINI Kamsarmax 82,000 2018 TC until Mar-22 Hire 106% of the
Average Baltic
Kamsarmax P5TC
(***) index
XENIA Kamsarmax 82,000 2016 TC until Aug-22 Hire 105% of the
Average Baltic
Kamsarmax P5TC
(***) index
ALEXANDROS P. Ultramax 63,500 2017 TC until Jan-22
TC until Mar-22
$45,000
~$43,000
GOOD HEART Ultramax 62,996 2014 TC until Oct-22 $25,000
MOLYVOS LUCK Supramax 57,924 2014 TC until Apr-22 $13,250
EIRINI P Panamax 76,466 2004 TC until Apr-22 Hire 99%
of Average
BPI (**) 4TC
STARLIGHT Panamax 75,845 2004 TC until Oct-22 Hire 98.5%
of Average
BPI (**) 4TC
TASOS Panamax 75,100 2000 TC until Feb-22 $15,750
PANTELIS Panamax 74,020 2000 TC until Feb-22 $30,250
BLESSED LUCK Panamax 76,704 2004 TC until April-22 $19,500
Total Dry Bulk Vessels 10
726,555      

Note:  
(*)  Represents the earliest redelivery date
(**) BPI stands for the Baltic Panamax Index; the average BPI 4TC is an index based on four-time charter routes. 
(***) The average Baltic Kamsarmax P5TC Index is an index based on five Panamax time charter routes.
(****) Final rate depends on actual duration due to ballast bonus payment.

About EuroDry Ltd.
EuroDry Ltd. was formed on January 8, 2018 under the laws of the Republic of the Marshall Islands to consolidate the drybulk fleet of Euroseas Ltd. into a separate listed public company. EuroDry was spun-off from Euroseas Ltd on May 30, 2018; it trades on the NASDAQ Capital Market under the ticker EDRY. 

EuroDry operates in the dry cargo, drybulk shipping market. EuroDry’s operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company and Eurobulk (Far East) Ltd. Inc., which are responsible for the day-to-day commercial and technical management and operations of the vessels. EuroDry employs its vessels on spot and period charters and under pool agreements.

After the delivery of M/V Molyvos Luck, the Company will have a fleet of 10 vessels, including 5 Panamax drybulk carriers, 1 Supramax drybulk carier, 2 Ultramax drybulk carrier and 2 Kamsarmax drybulk carriers. EuroDry’s 9 drybulk carriers have a total cargo capacity of 726,555 dwt.

Forward Looking Statement

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to changes in the demand for dry bulk vessels, competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. 

Visit our website www.eurodry.gr

Company Contact Investor Relations / Financial Media
Tasos Aslidis
Chief Financial Officer
EuroDry Ltd.
11 Canterbury Lane,
Watchung, NJ07069
Tel. (908) 301-9091
E-mail: [email protected]
Nicolas Bornozis
President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, NY10169
Tel. (212) 661-7566
E-mail: [email protected]



Mawson Infrastructure Group Inc. Announces Bitcoin Self-Mining Operating Above 1.0 Exahash Per Second (EH)

Mawson Infrastructure Group Inc. Announces Bitcoin Self-Mining Operating Above 1.0 Exahash Per Second (EH)

Bitcoin Self-Mining expansion on track for 3.35 EH by Q2 2022, 5.0 EH target early Q1 2023 reiterated

Georgia and Pennsylvania facility expansions on track

Monthly unaudited Bitcoin production and operational updates to begin in February 2022

SYDNEY & NEW YORK–(BUSINESS WIRE)–
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it is currently operating above 1.0 EH, and expects to be operating at approximately 1.1 EH by the end of January, +38% higher than the company’s November update, and producing approximately 5.8 Bitcoin per day.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220118005773/en/

Hash Rate Growth (Graphic: Business Wire)

Hash Rate Growth (Graphic: Business Wire)

The company’s expansion in Sandersville, Georgia is progressing rapidly, with an additional 60MW of energy now available, taking the facility to 100MW of capacity.

The company’s Midland, Pennsylvania facility phase 1 of 50MW is on track to be energized in Q1, 2022, with phase 2 on track to be energized in Q2, 2022, for a total of 100MW.

Mawson’s facilities and contracted power currently sit at 220MW, plus a pipeline of over 1GW of energy.

James Manning, CEO and Founder of Mawson, said, “Our operational expansion continues at pace, with both our Georgia and Pennsylvania facilities ramping up rapidly – this is a tremendous achievement from our team given the current bottle-necks in global supply chains. Our ‘Infrastructure First’ approach means we are able to continue to scale operations and strategically add Bitcoin miner ASIC’s when it makes sense to do so. Our energy pipeline continues to grow, and we look forward to updating stockholders on this front in due course.”

About Mawson Infrastructure

Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA and Australia. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation mobile data centre (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure.

For more information, visit: www.mawsoninc.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as “expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,” among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading “Risk Factors” included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 1, 2021 and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021, and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law.

Investor Contact:

Brett Maas

646-536-7331

[email protected]

www.haydenir.com

KEYWORDS: Australia/Oceania Australia United States North America New York Georgia Pennsylvania

INDUSTRY KEYWORDS: Professional Services Data Management Other Energy Technology Other Technology Energy Finance

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Hash Rate Growth (Graphic: Business Wire)

Radius Global Infrastructure Announces Fourth Quarter and Full Year 2021 Earnings Release Date

Radius Global Infrastructure Announces Fourth Quarter and Full Year 2021 Earnings Release Date

NEW YORK–(BUSINESS WIRE)–
Radius Global Infrastructure, Inc. (NASDAQ: RADI) (the “Company”) today announced that it will release its fourth quarter and full year 2021 financial results after the market close on Monday, February 28, 2022. Management will host a webcast and conference call on Tuesday, March 1, 2022 at 8:30 A.M. Eastern Time to review financial results, discuss recent events and conduct a question-and-answer session. A copy of the earnings release and presentation slides will be posted to the “Quarterly Results” section of the Company’s website, https://www.radiusglobal.com/filings/quarterly-results.

Webcast and Conference Call:

The live webcast and presentation slides will be available through the “News & Events” section of the Company’s website, https://www.radiusglobal.com/news-events/events-presentations. Participants are advised to go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 1-877-407-0789 or 1-201-689-8562, respectively. Upon dialing in, please request to join the Radius Global Infrastructure Fourth Quarter 2021 Earnings Conference Call.

A replay of the webcast and access to the presentation slides will be available on the Company’s website at https://www.radiusglobal.com/news-events/events-presentations. A telephonic replay can be accessed through March 15, 2022 by dialing 1-844-512-2921 (U.S. domestic) or 1-412-317-6671 (International), passcode 13725797.

About the Company:

Radius Global Infrastructure, Inc. is one of the largest owners and acquirors of real property interests and contractual rights underlying essential telecommunications digital infrastructure in 21 countries. Radius is a multinational owner of a growing, diversified portfolio of primarily triple net rental streams from wireless operators and tower companies for properties underlying their mission-critical digital infrastructure. Radius’s proven lease origination engine drives attractive yields on capital invested and maintains a broad pipeline of acquisition opportunities.

For further information, see https://www.radiusglobal.com.

Investor Relations:

Jason Harbes, CFA

Email: [email protected]

Phone: (484) 278-2667

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Networks Hardware Mobile/Wireless Other Technology Technology

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Charles River and Valo Health Announce Strategic Partnership to Provide Clients with Access to AI-Enabled Drug Discovery Solutions

Charles River and Valo Health Announce Strategic Partnership to Provide Clients with Access to AI-Enabled Drug Discovery Solutions

Multiyear partnership will leverage Valo’s Opal Computational Platform to accelerate drug discovery and development

WILMINGTON, Mass. & BOSTON–(BUSINESS WIRE)–
Charles River Laboratories International, Inc. (NYSE: CRL) and Valo Health, LLC (“Valo”), the technology company using human-centric data and computation powered by artificial intelligence (AI) to transform the drug discovery and development process, today announced the formation of a multiyear strategic partnership. This agreement will combine Valo’s Opal Computational Platform with Charles River’s drug discovery and development capabilities to offer a new transformative, AI-enabled drug discovery and development platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005073/en/

Recognizing the challenges of preclinical drug discovery, from high costs, time, and attrition rates, Valo and Charles River have joined forces to create enhanced drug discovery solutions that aim to transform the entire preclinical drug discovery process. Valo and Charles River intend to create and deliver offerings that produce preclinical assets with key performance characteristics optimized for client preferences.

The partnership’s combined offerings will utilize Valo’s Opal Platform for small molecule development, which leverages a “closed-loop” in silico-experimental platform that rapidly iterates using program data to identify novel compounds, and leverages Charles River’s capabilities in all aspects of discovery optimization, including medicinal chemistry, ADME, biology, pharmacology, and ultimately safety testing and IND submission.

The combination of Valo’s scientific innovation and deep technological expertise with Charles River’s end-to-end portfolio and industry-leading scientific bench has the potential to significantly accelerate a client’s discovery and development efforts by integrating data and compute to streamline and de-risk experimental science, enabling a faster and more effective process from de novo molecule design through lead optimization.

The combined offering will be launched in the first half of 2022 and will be available exclusively from Charles River.

Approved Quotes

  • “Our collaboration with Valo is another step we’re taking toward accelerating drug discovery and development. By leveraging disruptive, AI-powered tools like Opal, we can support our clients in more quickly progressing their discoveries to the clinic.” – Birgit Girshick, Corporate Executive Vice President & Chief Operating Officer, Charles River
  • “We are thrilled to partner with Charles River to build these enterprise solutions and deliver them to clients. We see this as an important opportunity to help drive a change in the industry and make a significant impact to deliver better drugs to patients faster – building off each of Valo’s and Charles River’s unique capabilities.” –David Berry, MD, PhD, Founder and CEO of Valo Health

About Valo Health

Valo Health, LLC (“Valo”) is a technology company built to transform the drug discovery and development process using human-centric data and artificial intelligence (“AI”) computation. As a digitally native company, Valo aims to full integrate human-centric data across the entire drug development lifecycle into a single unified architecture, thereby accelerating the discovery and development of life-changing drugs while simultaneously reducing the cost, time, and failure rate. The company’s Opal Computational Platform™ consists of an integrated set of capabilities designed to transform data into valuable insights that may accelerate discoveries and enable Valo to advance a robust pipeline of programs across cardiovascular metabolic renal, oncology, and neurodegenerative disease. Founded by Flagship Pioneering and headquartered in Boston, MA, Valo also has offices in Lexington, MA, San Francisco, CA, Princeton, NJ, and in Branford, CT. To learn more, visit www.valohealth.com.

About Charles River

Charles River provides essential products and services to help pharmaceutical and biotechnology companies, government agencies and leading academic institutions around the globe accelerate their research and drug development efforts. Our dedicated employees are focused on providing clients with exactly what they need to improve and expedite the discovery, early-stage development and safe manufacture of new therapies for the patients who need them. To learn more about our unique portfolio and breadth of services, visit www.criver.com.

Charles River Investor Contact:

Todd Spencer

Corporate Vice President, Investor Relations

+1- 781-222-6455

[email protected]

Charles River Media Contact:

Amy Cianciaruso

Corporate Vice President & Chief Communications Officer

+1-781-222-6168

[email protected]

Valo Health Investor Contact:

Graeme Bell

Chief Financial Officer

+1-267-326-2129

[email protected]

Valo Health Media Contact:

Jennifer Hanley

Vice President & Head of Corporate Communications

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Biotechnology General Health Medical Devices Health Pharmaceutical

MEDIA:

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CyberOptics Unveils New Dual-mode MRS™ Sensor for Solder Paste Inspection at IPC APEX 2022

CyberOptics Unveils New Dual-mode MRS™ Sensor for Solder Paste Inspection at IPC APEX 2022

MINNEAPOLIS–(BUSINESS WIRE)–CyberOptics® Corporation (NASDAQ: CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions will unveil the new Dual-Mode MRS sensor for the SE3000™ SPI system in Booth #2541 at the 2022 IPC APEX EXPO, Jan. 25-27, 2022 at the San Diego Convention Center in California. The company will also demonstrate the SQ3000™ Multi-Function system for AOI, SPI and CMM and feature the new SQ3000+ Multi-Function system for advanced applications.

The new Dual-Mode MRS sensor for the SE3000™ SPI system provides maximum flexibility for dedicated solder paste inspection applications, with one mode for high speed inspection and another mode for high resolution inspection. The new sensor is an extension of the proprietary Multi-Reflection Suppression™ sensor portfolio that provides industry-leading performance in semiconductor and SMT markets. The SE3000 is ideal for measuring height, area, volume, registration and bridging, as well as detecting insufficient paste, excess height, smear, offset and more.

“We designed the Dual-Mode MRS sensor specifically for our SE3000 system to provide both superior performance and versatility for SPI,” said Dr. Subodh Kulkarni, President and CEO, CyberOptics, “We’re providing yet another solution that can significantly improve our customers’ yields, processes and productivity.”

At APEX, the company will also feature the SQ3000™+ Multi-Function system for inspection and metrology, an extension of the multi-award-winning SQ3000 platform deemed best-in-class, that not only conducts AOI and SPI, but uniquely delivers in-line, full coordinate measurement (CMM) data in seconds, not hours. The all-in-one system offers a combination of unmatched high accuracy and high speed, with an even higher resolution MRS sensor that inhibits reflection-based distortions caused by shiny components and surfaces.

The SQ3000+ is specifically designed for high-end applications including advanced packaging, mini-LED, advanced SMT for medical, military, aerospace and advanced electronics, 008004/0201 SPI, socket metrology and other challenging CMM applications.

For more information, visit www.cyberoptics.com.

About CyberOptics

CyberOptics Corporation (www.cyberoptics.com) is a leading global developer and manufacturer of high-precision 3D sensing technology solutions. CyberOptics’ sensors are used for inspection and metrology in the SMT and semiconductor markets to significantly improve yields and productivity. By leveraging its leading-edge technologies, the Company has strategically established itself as a global leader in high precision 3D sensors, allowing CyberOptics to further increase its penetration of key vertical markets. Headquartered in Minneapolis, Minnesota, CyberOptics conducts worldwide operations through its facilities in North America, Asia and Europe.

Statements regarding the Company’s anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: a possible worldwide recession or depression resulting from the economic consequences of the COVID-19 pandemic; the negative effect on our revenue and operating results of the COVID-19 crisis on our customers and suppliers and the global supply chain; market conditions in the global SMT and semiconductor capital equipment industries; trade relations between the United States and China and other countries; the timing of orders and shipments of our products, particularly our 3D MRS SQ3000 Multi-Function systems and MX systems for memory module inspection; increasing price competition and price pressure on our product sales, particularly our SMT systems; the level of orders from our OEM customers; the availability of parts required to meet customer orders; unanticipated product development challenges; the effect of world events on our sales, the majority of which are from foreign customers; rapid changes in technology in the electronics and semiconductor markets; product introductions and pricing by our competitors; the success of our 3D technology initiatives; the market acceptance of our SQ3000 Multi-Function systems and products for semiconductor inspection and metrology; costly and time consuming litigation with third parties related to intellectual property infringement; the negative impact on our customers and suppliers due to past and future terrorist threats and attacks and any acts of war; the impact of the MX3000 orders on our consolidated gross margin percentage in any future period; risks related to cancellation or renegotiation of orders we have received; and other factors set forth in the Company’s filings with the Securities and Exchange Commission.

Carla Furanna

Vice President of Global Marketing

952-820-5837

KEYWORDS: Minnesota United States North America

INDUSTRY KEYWORDS: Nanotechnology Hardware Electronic Design Automation Consumer Electronics Technology Semiconductor Mobile/Wireless Other Technology

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Nine Out of Ten Advisors Joining Ameriprise Say Technology, Financial Planning Capabilities and Ability to Serve and Acquire Clients is Better Than Prior Firm

Nine Out of Ten Advisors Joining Ameriprise Say Technology, Financial Planning Capabilities and Ability to Serve and Acquire Clients is Better Than Prior Firm

Advisors also say the firm’s resources deepened their relationships with clients

MINNEAPOLIS–(BUSINESS WIRE)–
90% of advisors who recently joined Ameriprise Financial, Inc. (NYSE: AMP) say they have better client-facing technology, financial planning capabilities, and ability to serve and acquire clients now than they did with their prior firms, according to a survey the company recently conducted. The Ameriprise “Ultimate Advisor Partnership” survey of nearly 300 experienced advisors who moved their practices to Ameriprise in the last 5 years from wirehouses, regional firms, independents, banks, and insurance companies uncovered:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005174/en/

90% of advisors who recently joined Ameriprise Financial, Inc. (NYSE: AMP) say they have better client-facing technology, financial planning capabilities, and ability to serve and acquire clients now than they did with their prior firms, according to a survey the company recently conducted. The Ameriprise “Ultimate Advisor Partnership” surveyed nearly 300 experienced advisors who moved their practices to Ameriprise in the last 5 years from wirehouses, regional firms, independents, banks, and insurance companies. (Photo: Business Wire)

90% of advisors who recently joined Ameriprise Financial, Inc. (NYSE: AMP) say they have better client-facing technology, financial planning capabilities, and ability to serve and acquire clients now than they did with their prior firms, according to a survey the company recently conducted. The Ameriprise “Ultimate Advisor Partnership” surveyed nearly 300 experienced advisors who moved their practices to Ameriprise in the last 5 years from wirehouses, regional firms, independents, banks, and insurance companies. (Photo: Business Wire)

  • 91% believe Ameriprise elevates the client experience.
  • 90% find client-facing technology better than their previous firm.
  • 91% find Ameriprise’s financial planning capabilities are better than their previous firm.
  • 95% say Ameriprise supports deeper client relationships through financial planning and advice.
  • 91% find client acquisition support better than their previous firm.
  • 91% believe Ameriprise enables them to run their practice in a way that aligns with their values.
  • 90% find Ameriprise’s firm culture to be better than their previous firm.
  • Advisor-facing and client-facing technology and financial planning capabilities are the most appreciated resources.

Advisors joining Ameriprise deliver an even better experience to their clients

Advisors surveyed gave high marks to Ameriprise’s technology, financial planning, and culture. The vast majority of advisors reported they were able to foster deeper relationships with clients through the use of these resources. Since becoming an independent public company in 2005, Ameriprise Financial has invested more than $5 billion in the firm, building powerful tools, capabilities, products, and acquisitions to enhance the financial planning experience and make it easier than ever for its advisors to serve clients.

“Ameriprise is a longstanding leader in serving clients through goal-based advice, having pioneered the financial planning process in the 1970s,” said Pat O’Connell, Executive Vice President of the firm’s branch advisor and financial institutions channels. “We put a stake in the ground a few years ago to ensure every client gets exceptionally high service in every interaction with their advisor and the firm, through what we call the Ameriprise Client Experience. We are pleased to see advisors joining our firm recognize our unwavering commitment to helping clients achieve their goals.”

New Ameriprise advisors gave high marks to the firm’s support to run their practices

The survey revealed that new advisors appreciate the culture and support Ameriprise provides to help them manage their practices according to their values. 86% said the firm’s support has helped grow their practice, 84% said the firm’s practice management support is best-in-class, and 95% were very pleased with the way the firm helped them manage their business and continue serving clients through the pandemic. Additionally, 88% of advisors said the support they receive from Ameriprise’s leadership is better than their prior firm.

Ameriprise offers a proven strategy – the Ultimate Advisor Partnership – to help advisors unleash the power of financial planning, deliver an outstanding client experience and grow their practices at rates that outpace key competitors. Combined with the company’s culture of support and independence, the strategy enables advisors to scale their businesses, deepen client relationships, and drive referrals for future growth.

Bill Williams, Executive Vice President of the firm’s independent advisor channel, added, “Advisors want to be with a firm that supports the way they do business amid an ever-changing industry. Ameriprise is a true partner to advisors, helping them create efficiencies and capitalize on growth opportunities. The positive feedback from this survey is another indicator that our partnership is working.”

Ameriprise continues to attract experienced, productive advisors, with approximately 1,700 joining the firm in the last 5 years.1 To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/why.

About the survey

Ameriprise asked experienced advisors who moved their book of business to the firm in the last one-to-five years to compare its support, resources, and capabilities to their previous firm and state their satisfaction with their experience. The survey results identified the top ways Ameriprise stands out compared to competitors. 294 advisors responded to the “Ultimate Advisor Partnership” survey, which was conducted in November 2021.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs.

Ameriprise Financial Services, LLC is an Equal Opportunity Employer.

Ameriprise Financial Services, LLC. Member FINRA and SIPC.

© 2022 Ameriprise Financial, Inc. All rights reserved.

1 Ameriprise Financial 2020 10-K.

Stephanie Siegle, Media Relations

612.671.2593

[email protected]

KEYWORDS: Minnesota United States North America

INDUSTRY KEYWORDS: Banking Accounting Professional Services Finance

MEDIA:

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90% of advisors who recently joined Ameriprise Financial, Inc. (NYSE: AMP) say they have better client-facing technology, financial planning capabilities, and ability to serve and acquire clients now than they did with their prior firms, according to a survey the company recently conducted. The Ameriprise “Ultimate Advisor Partnership” surveyed nearly 300 experienced advisors who moved their practices to Ameriprise in the last 5 years from wirehouses, regional firms, independents, banks, and insurance companies. (Photo: Business Wire)