Dynatrace Extends Application Security to .NET

Dynatrace Extends Application Security to .NET

Broad application coverage helps DevSecOps teams mitigate risks and accelerate digital transformation with increased confidence and efficiency

WALTHAM, Mass.–(BUSINESS WIRE)–
Software Intelligence company Dynatrace (NYSE: DT) announced today it has extended its Application Security Module to applications running on .NET, the framework used by more than 5 million developers worldwide. This builds on Dynatrace’s existing support for Java, Node.js, and Kubernetes. As a result, even more organizations can leverage Dynatrace® Application Security to gain extensive visibility in production and pre-production environments, automatically and continuously prioritize alerts, eliminate false positives, and deliver precise answers about the source, nature, and severity of vulnerabilities.

Rachel Stephens, Senior Industry Analyst at RedMonk, commented, “Organizations operate in a complicated IT landscape. In this polyglot world with multiple hybrid-cloud and multicloud deployment targets, simplicity and security are top concerns. It is difficult for enterprises to keep their entire software stack secure and up to date. Extending application security to include support for the .NET framework is critical for enterprises in their efforts to build secure, innovative applications.”

Sustained interest in .NET reflects organizations’ use of the framework in modern cloud environments, including containers and serverless computing, as well as those that feature extensive open-source components. With this enhancement, Dynatrace provides greater confidence that applications built on the .NET framework, in addition to the libraries they utilize, are free from security exposures.

“Traditional approaches to application security cannot keep up with the complexity of modern cloud environments. Moreover, these approaches are unable to surface accurate and precise vulnerabilities at runtime,” said Steve Tack, SVP of Product Management at Dynatrace. “Dynatrace provides precise risk assessment with code-level detail, prioritization, and remediation for a broad set of application environments, now including .NET. In turn, this enables DevSecOps teams to speed innovation with the confidence that their applications are vulnerability-free.”

These enhancements will be available within the next 30 days. For additional information, please visit the Dynatrace blog.

About Dynatrace

Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation. With automatic and intelligent observability at scale, our all-in-one platform delivers precise answers about the performance and security of applications, the underlying infrastructure, and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort. That’s why many of the world’s largest organizations trust Dynatrace®️ to modernize and automate cloud operations, release better software faster, and deliver unrivalled digital experiences.

Curious to see how you can simplify your cloud? Let us show you. Visit our trial page for a free 15-day Dynatrace trial.

To learn more about how Dynatrace can help your business, visit www.dynatrace.com, visit our blog and follow us on Twitter @dynatrace.

Hailey Melamut

March Communications

[email protected]

+1 617.960.9856

Tristan Webb

Spark Communications

[email protected]

+44 207.436.0420

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Networks Security Data Management Technology Software

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Cortexyme Presents New Data Demonstrating Evidence of P. Gingivalis Infection of the Central Nervous System in Alzheimer’s Disease at Annual Biomarkers for Alzheimer’s Disease Summit

Cortexyme Presents New Data Demonstrating Evidence of P. Gingivalis Infection of the Central Nervous System in Alzheimer’s Disease at Annual Biomarkers for Alzheimer’s Disease Summit

GAIN Trial analysis of anti-P. gingivalis antibodies in cerebrospinal fluid supports upstream role of pathogenic bacterium in key Alzheimer’s pathologies

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–
Cortexyme, Inc. (Nasdaq: CRTX), a company advancing a pivotal trial in Alzheimer’s disease with top-line data expected by mid-November 2021 and a growing pipeline of therapeutics for degenerative diseases, announced the presentation of new data demonstrating evidence of P. gingivalis infection of the central nervous system in Alzheimer’s disease at the Annual Biomarkers for Alzheimer’s Disease Summit taking place virtually on Wednesday, August 25, 2021, at 2:10 p.m. ET followed by a live Q&A at 3:40 p.m. ET.

In a featured speaker presentation titled “Use of Novel Biomarkers of P. Gingivalis Infection & Neuroinflammation in the GAIN Trial: An Ongoing Phase 2/3 Clinical Trial Assessing the Activity of Atuzaginstat in Patients with Mild to Moderate Alzheimer’s Disease,” Cortexyme’s Executive Vice President of Research and Development Leslie Holsinger, Ph.D., will present an analysis of anti-P. gingivalis antibodies in cerebrospinal fluid (CSF) with results demonstrating that:

  • All patients analyzed at baseline in the GAIN Trial (472 out of 472 baseline CSF samples available) were positive for anti-P. gingivalis antibodies (IgG) in their cerebrospinal fluid;
  • Less than 2% of patients analyzed had a leaky blood brain barrier, as defined by an albumin index greater than 9; and
  • Anti-P. gingivalis IgG in the CSF was only very weakly correlated to the albumin index (r=0.22), indicating production in the central nervous system in addition to that shown previously in serum.

These data add to the growing body of evidence indicating the presence of a P. gingivalis infection within the central nervous system in patients with Alzheimer’s disease. Cortexyme will also present other novel biomarkers developed to track markers of P. gingivalis and Alzheimer’s disease, in addition to highlighting the upstream role that P. gingivalis plays in key pathologies of Alzheimer’s disease progression. The complete presentation will be available here.

About The GAIN Trial

Cortexyme is pioneering an innovative, upstream, and disease-modifying therapeutic approach to Alzheimer’s disease. The Phase 2/3 GAIN Trial is a pivotal study in 643 patients with mild to moderate Alzheimer’s Disease. Cortexyme’s seminal discovery, along with confirmatory clinical and preclinical studies, demonstrate that the intracellular pathogen, P. gingivalis, is found in the brain of more than 90% of Alzheimer’s patients and that an oral infection with P. gingivalis in animals results in brain infiltration and downstream hallmark Alzheimer’s pathologies, including Aβ42 production, tau hyperphosphorylation, microglial activation, and neurodegeneration. The company’s lead drug candidate, atuzaginstat (COR388), is a first-in-class, orally administered, brain penetrant small molecule targeting P. gingivalis, which is upstream of neuronal death and Alzheimer’s disease pathology. Atuzaginstat blocks gingipains, protease virulence factors secreted byP. gingivalis, which are required for its survival and responsible for its toxicity. The GAIN Trial also includes a REPAIR sub-study of 233 patients targeting P. gingivalis – a keystone bacterium associated with periodontal disease – and measuring the efficacy of atuzaginstat on clinical endpoints of periodontal disease. Cortexyme’s innovative therapeutic approach continues to be supported by research from laboratories around the world published in peer-reviewed scientific journals.

About Cortexyme

Cortexyme, Inc. (Nasdaq: CRTX) is a clinical stage biopharmaceutical company pioneering upstream therapeutic approaches designed to improve the lives of patients diagnosed with Alzheimer’s and other degenerative diseases. The company is advancing its disease-modifying pivotal GAIN Trial in mild to moderate Alzheimer’s disease with top-line data expected by mid-November 2021, in addition to growing a proprietary pipeline of first-in-class small molecule therapeutics for Parkinson’s disease, periodontitis, and other diseases with high unmet clinical need. Cortexyme’s lead program targets a specific, infectious pathogen called P. gingivalis found in the brain and other organs and tied to degeneration and inflammation in humans and animal models. The company’s causation evidence for Alzheimer’s disease and the mechanism of its novel therapeutic has been independently replicated and confirmed by multiple laboratories around the world, as well as published in peer-reviewed scientific journals. To learn more about Cortexyme, visit www.cortexyme.com or follow @Cortexyme on Twitter.

Forward-Looking Statements

Statements in this news release contain “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements contained in this news release may be identified by the use of words such as “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast,” “potential” or other similar words. Examples of forward-looking statements include, among others, statements Cortexyme makes regarding the sufficiency of its cash position to fund its operations; its business plans, strategy, timeline, prospects, and milestone expectations; the timing and success of the company’s clinical trials and related data, including with respect to the GAIN and REPAIR Trials, as well as enabling and human studies of COR588; the potential of atuzaginstat to treat Alzheimer’s disease, periodontal disease, and other potential indications; the potential of COR803 to treat coronavirus infections; the timing of announcements and updates relating to its clinical trials and related data; the potential therapeutic benefits, safety and efficacy of the company’s product candidate or library of compounds and statements about its ability to obtain, and the timing relating to, regulatory submissions and approvals with respect to the company’s drug product candidate. Forward-looking statements are based on Cortexyme’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict and could cause actual results to differ materially from what the company expects. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ include, but are not limited to, the risks and uncertainties described in the section titled “Risk Factors” in Cortexyme’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 1, 2021, its Quarterly Report on Form 10-Q filed with the SEC on August 6, 2021, and other reports as filed with the SEC. Forward-looking statements contained in this news release are made as of this date, and Cortexyme undertakes no duty to update such information except as required under applicable law.

Stacy Roughan

Cortexyme, Inc.

Vice President, Corporate Communications & Investor Relations

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Seniors Biotechnology Pharmaceutical Health Mental Health Consumer Dental Clinical Trials

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NextGen® Mobile Enables Neighborhood Health to Deliver Care to Nashville’s Homeless Population

NextGen® Mobile Enables Neighborhood Health to Deliver Care to Nashville’s Homeless Population

Healthcare Providers Extend Their Reach and Improve Outcomes by Using NextGen Healthcare’s Mobile Solution to Access Electronic Health Records in the Field

ATLANTA–(BUSINESS WIRE)–
NextGen® Healthcare, Inc. (Nasdaq: NXGN), a leading provider of ambulatory-focused technology solutions, today announced that Neighborhood Health, a federally qualified health center (FQHC) in Tennessee, is using NextGen® Mobile to administer its “street medicine” program to homeless people living in Nashville. The mobile app, which connects to NextGen® Enterprise Electronic Health Record (EHR), provides field doctors with immediate access to a patient’s medical records, prescription lists, appointments and detailed care plans from previous providers. Neighborhood Health currently provides care for more than 600 homeless individuals living on the streets of Nashville.

Homeless encampments and evolving medical technology are strange bedfellows, but since Neighborhood Health has been administering street medicine to Nashville’s homeless community, it has combined the two to completely redefine what is possible for the vulnerable and underserved. Remote EHR access enabled by NextGen Mobile, enables clinicians to provide whole person care to unsheltered communities as opposed to merely treating symptoms.

Neighborhood Health’s street medicine program, powered by NextGen Mobile, has:

  • Improved outcomes for patients addicted to opioids by enabling the physician to review medical records and ensure compliance with treatment modalities
  • Cautioned a patient receiving a COVID-19 vaccine that his seizure disorder, visible in his health record, was best managed with constant communication with his doctor
  • Improved infant mortality statistics for women who did not yet know they were pregnant by referring them to pre-natal care
  • Maintained electronic health records for unhoused patients with chronic health conditions (e.g., diabetes, behavioral health disorders) providing informed, real-time visibility into a patient’s complete medical history

“Historically, we would simply have to take the patient’s word on their medical history because we didn’t have access to any sort of medical records,” said Dr. Peter Cathcart for Neighborhood Health. “We obviously couldn’t bring a computer out to the field with us. On NextGen® Mobile, you just tap a few buttons on your cell phone and the records are right there in front of you. It’s a reliable, successful, real-time chart loading for the patients we’re seeing out there.”

“It’s rewarding to witness how Neighborhood Health is using NextGen Mobile to extend the utility of the EHR and meet patients where they are,” said Srinivas Velamoor, chief growth & strategy officer for NextGen Healthcare. “We are pleased to deliver innovative engagement technologies that enable providers to deliver comprehensive care in less traditional venues and address the health needs of the underserved.”

About NextGen® Mobile

NextGen Healthcare’s NextGen® Mobile solution is a user-friendly cloud-based platform that integrates with most EHRs to help providers streamline clinical documentation and improve collaboration. The technology, developed through NextGen’s acquisition of Entrada, Inc. in 2017, alleviates the stress of administrative tasks so providers can practice anytime, anywhere and achieve a healthy work-life balance.

About Neighborhood Health

United Neighborhood Health Services began in 1976 bringing together two volunteer clinics in Cayce Homes and south Nashville. The volunteers wanted to address the lack of accessible and affordable healthcare in south and east Nashville neighborhoods. Nearly 40 years later, they continue to serve the nearby communities. Now known as Neighborhood Health, the organization has grown into a network of 11 centers serving over 31,000 each year, and providing over 90,000 visits each year. With quality comprehensive services and innovative programs, Neighborhood Health has remained passionately committed to its mission to make all services available to everyone without regard to ability to pay.

About NextGen Healthcare, Inc.

NextGen Healthcare, Inc. (Nasdaq: NXGN) is a leading provider of ambulatory-focused technology solutions. We are empowering the transformation of ambulatory care—partnering with medical, behavioral and dental providers in their journey to value-based care to make healthcare better for everyone. We go beyond EHR and PM. Our integrated solutions help increase clinical productivity, enrich the patient experience, and ensure healthy financial outcomes. We believe in better. Learn more at nextgen.com, and follow us on Facebook, Twitter, LinkedIn, YouTube and Instagram.

Media Contact

Tami Stegmaier

NextGen Healthcare, Inc.

(949) 237-6083

[email protected]

Investor Relations Contact

Matthew Scalo

(415) 370-9202

[email protected]

KEYWORDS: United States North America Tennessee Georgia

INDUSTRY KEYWORDS: Managed Care Software Other Health General Health Mobile/Wireless Pharmaceutical Consumer Technology Medical Devices Fitness & Nutrition Other Consumer Practice Management Health

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Keysight Technologies to Participate in Upcoming Investor Conferences

Keysight Technologies to Participate in Upcoming Investor Conferences

SANTA ROSA, Calif.–(BUSINESS WIRE)–
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced today that members of its management team will participate in the following virtual investor conferences.

Jefferies Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit

Participants: Jay Alexander, CTO; Mark Wallace, SVP, Global Sales

Wednesday, September 1, 2021

Deutsche Bank 2021 Technology Conference

Presenters: Satish Dhanasekaran, COO; Neil Dougherty, CFO

Thursday, September 9, 2021

10:10 a.m. PT / 1:10 p.m. ET

Citi 2021 Global Technology Virtual Conference

Presenter: Neil Dougherty, CFO

Monday, September 13, 2021

10:00 a.m. PT / 1:00 p.m. ET

A live audio webcast will be available the day of each event and archived at investor.keysight.com, except for the Jefferies Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit.

About Keysight Technologies

Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight’s dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow’s technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics markets. Keysight generated revenues of $4.2B in fiscal year 2020. For more information about Keysight Technologies (NYSE: KEYS), visit us at www.keysight.com.

Additional information about Keysight Technologies is available in the newsroom at www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube.

Source: IR-KEYS

EDITORIAL CONTACT:

Denise Idone, Worldwide

941-888-2388

[email protected]

INVESTOR CONTACT:

Jason Kary

+1 707-577-6916

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Networks Hardware Data Management Technology Software

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The RMR Group Inc. Declares Special Dividend of $7.00 Per Share

The RMR Group Inc. Declares Special Dividend of $7.00 Per Share

NEWTON, Mass.–(BUSINESS WIRE)–The RMR Group Inc. (Nasdaq: RMR) today announced that it has declared a one-time, special cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock of $7.00 per share to all common stockholders of record as of the close of business on September 6, 2021, payable on or about September 16, 2021. Based on the current number of shares outstanding, the special cash dividend is expected to result in an aggregate distribution of approximately $220 million. This special dividend is in addition to the Company’s regular quarterly cash dividends.

Adam Portnoy, President and Chief Executive Officer, made the following statement:

“Returning excess capital to shareholders in the form of this $7.00 per share special dividend is a key component of RMR’s capital allocation strategy and reflects our strong financial position and confidence in the company’s financial future. Following this distribution, our cash balance remains robust and continues to afford us the flexibility to expand our business both through acquisitions and organic growth.”

About The RMR Group

The RMR Group Inc. (Nasdaq: RMR) is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR. RMR is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is supported by its more than 600 real estate professionals in over 30 offices nationwide who manage over $32 billion in assets under management and leverage 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its clients. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com.

WARNING REGARDING FORWARD LOOKING STATEMENTS

This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward looking statements are based upon RMR’s present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond RMR’s control. For example:

  • This press release discusses a special dividend to be paid in cash by RMR. A possible implication is that RMR will pay special dividends in the future. The RMR Board of Directors considers many factors when declaring a special dividend, including RMR’s financial position, current and expected earnings, commitments to fund its investments and the availability of cash to fund a special dividend. There can be no assurances that RMR will pay special dividends in the future.
  • This press release notes that RMR pays regular quarterly dividend payments. A possible implication is that RMR will continue to pay quarterly dividends. RMR’s dividend rates are set and reset from time to time by RMR’s Board of Directors. The RMR Board of Directors considers many factors when setting dividend rates including RMR’s current and expected earnings, commitments to fund its investments and the availability of cash to fund dividends as compared to alternative uses of such cash. Accordingly, future dividends may be increased or decreased and there is no assurance as to the rate at which future dividends will be paid, and they could decline in amount or be suspended or discontinued.
  • This press release states that RMR’s cash balance remains robust and continues to afford RMR the flexibility to expand its business both through acquisitions and organic growth. There can be no assurance that RMR’s expectations or estimates of future developments, including acquisition and other growth opportunities, circumstances or results will materialize.

For these reasons, among others, investors are cautioned not to place undue reliance upon any forward looking statements in this press release. Except as required by law, RMR does not intend to update or change any forward looking statements as a result of new information, future events, or otherwise.

Michael Kodesch

Director, Investor Relations

(617) 796-8230

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: REIT Finance Professional Services Commercial Building & Real Estate Construction & Property

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Best Buy Announces Regular Quarterly Cash Dividend

Best Buy Announces Regular Quarterly Cash Dividend

MINNEAPOLIS–(BUSINESS WIRE)–
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.70 per common share. The quarterly dividend is payable on October 5, 2021, to shareholders of record as of the close of business on September 14, 2021. The company had 247,336,600 shares of common stock issued and outstanding as of July 31, 2021.

Investor Contact:

Mollie O’Brien

[email protected]

Media Contact:

Carly Charlson

[email protected]

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS: Mobile/Wireless Technology Department Stores Office Products Other Technology Specialty Hardware Retail Consumer Electronics Online Retail

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Kraft Heinz to Participate at 2021 Barclays Global Consumer Staples Conference

Kraft Heinz to Participate at 2021 Barclays Global Consumer Staples Conference

PITTSBURGH & CHICAGO–(BUSINESS WIRE)–
The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) announced that Miguel Patricio, Chief Executive Officer, Paulo Basilio, Global Chief Financial Officer, and Carlos Abrams-Rivera, U.S. Zone President, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Sept. 8, 2021.

The session will begin at 9:20 a.m. Eastern Time, and a live webcast will be available at ir.kraftheinzcompany.com. A replay will be accessible after the event on the company’s website.

ABOUT THE KRAFT HEINZ COMPANY

We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2020 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms. As global citizens, we’re dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways. Learn more about our journey by visiting www.kraftheinzcompany.com or following us on LinkedIn and Twitter.

Kathy Krenger (media)

[email protected]

Christopher Jakubik, CFA (investors)

[email protected]

KEYWORDS: United States North America Illinois Pennsylvania

INDUSTRY KEYWORDS: Other Consumer Other Retail Finance Banking Supermarket Professional Services Restaurant/Bar Food/Beverage Consumer Retail

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Nexstar Media and SportsGrid to Launch First-Ever Diginet for Sports Wagering and Fantasy Sports

Nexstar Media and SportsGrid to Launch First-Ever Diginet for Sports Wagering and Fantasy Sports

“SportsGrid Network” to Offer 24 Hours of Daily Programming in Nine Nexstar Markets on September 1

IRVING, Texas & NEW YORK–(BUSINESS WIRE)–
Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), the largest local media company in the United States, and SportsGrid Inc., a streaming video network that provides extensive coverage of sports betting for all the major sports, today announced a multi-year agreement to launch “SportsGrid Network,” the nation’s first-ever diginet devoted to sports wagering and fantasy sports. Beginning September 1, SportsGrid Network will be distributed across nine digital subchannels licensed to Nexstar in nine major U.S. markets, including San Francisco, Washington, D.C., Tampa, Portland, Nashville, Norfolk, Grand Rapids, Knoxville, and Des Moines.

SportsGrid is the nation’s first and only 24-hour sports wagering and fantasy sports program service. SportsGrid’s content is currently distributed across over-the-air broadcast and cable television, connected Smart TVs, a variety of streaming platforms, mobile devices and on the internet. The new network will be available on recently vacated digital sub-channels licensed to Nexstar.

At its launch, SportsGrid Network will feature 18 hours of exclusive live original programming hosted by a team of on-air personalities, sports and gambling experts, and guest contributors, as well as a variety of pre-produced programming and encore presentations of the network’s most popular shows. The network’s mission is to provide real-time sports news, data, analytics, and statistics to engage sports audiences whenever and wherever they choose. SportsGrid’s reporting and analytic platform includes daily odds, lines, matchups, injury reports, statistics, news, and more across the NFL, NBA, MLB, NHL, college sports, golf, tennis, and soccer. SportsGrid’s live programming originates from state-of-the-art television production facilities adjacent to Madison Square Garden in New York City and at the SG Studios & Production Hub in New Jersey.

Louis Maione, Founder and President of SportsGrid, commented, “Nexstar’s national reach across 199 owned or operated television stations in 116 markets throughout the U.S. is a great platform for distributing our content to fantasy sports fans and gamblers everywhere. This initial nine-station launch of SportsGrid content will inform and entertain millions of sports fans across all screens and devices and provide them with expert reporting, commentary and analysis using our exclusive proprietary SportsGrid analytics platform. Finally, this agreement provides both companies the opportunity to share content and to strategically expand the network to additional Nexstar markets.”

“Our nation is sports obsessed and we are delighted to deliver SportsGrid’s programming to address the rapidly growing interest in sports betting and fantasy sports,” said Sean Compton, President of Nexstar Media Inc.’s Networks Division. “Distributing SportsGrid’s programming across digital subchannels in nine of our markets will enable us to connect with new audiences and continue expanding a new and fast growing revenue stream. As the nation’s #1 provider of content to fans of sports wagering and fantasy sports, SportsGrid is the perfect partner for this effort.”

About Nexstar Media Group, Inc.

Nexstar Media Group (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, programs, or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). The division’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when, and how they access content and creating new revenue opportunities for the company. The Networks Division operates NewsNation, formerly WGN America, a national news and entertainment cable network reaching 75 million television homes, multicast network Antenna TV, and WGN Radio in Chicago. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. For more information, please visit www.nexstar.tv.

About SportsGrid Inc.

SportsGrid, Inc. is the multimedia content and technology platform providing digital innovative solutions for the convergence of sports content, gaming, and NextGen technology. The SportsGrid multimedia destinations include SportsGrid Streaming Video Network, SportsGrid Radio, SportsGrid.com, DailyRoto, and SportsGrid Studios. SportsGrid statistics and data sourced from Sportradar enables the network to integrate real time delivery of news, storylines, data, odds, statistics, and betting intelligence across the daily original program schedule. For more information, please visit sportsgrid.com.

Media Contacts:

Gary Weitman

EVP & Chief Communications Officer

Nexstar Media Group, Inc.

972/373-8800 or [email protected]

Charles Theiss

SportsGrid, Inc.

914 843 1414 or [email protected]

Investor Contact:

Joe Jaffoni or Jennifer Newman

JCIR

212/835-8500 or [email protected]

KEYWORDS: United States North America Texas New York

INDUSTRY KEYWORDS: Hockey Golf Online Football Mobile Entertainment Technology Tennis Basketball Soccer TV and Radio Baseball Sports Licensing (Entertainment) Casino/Gaming Entertainment Internet

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OFS Credit Company Increases Common Stock Distribution

OFS Credit Company Increases Common Stock Distribution

CHICAGO–(BUSINESS WIRE)–
OFS Credit Company (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its Board of Directors declared a $0.55 per share quarterly distribution, an approximate 2% increase from the prior quarter, for common stockholders for the quarter ending October 31, 2021.

The distribution for common stockholders will be paid in cash or shares of our common stock at the election of stockholders. The total amount of cash distributed to all stockholders will be limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the distribution (approximately 80%) will be paid in the form of shares of our common stock. The exact distribution of cash and stock to any given stockholder will be dependent upon each stockholder’s election as well as elections of other stockholders, subject to the pro-rata limitation.

Management believes that the cash and stock distribution will allow the Company to strengthen its balance sheet and to be in position to capitalize on potential future investment opportunities. Management believes its commitment to strong, long-term performance is aligned with the interests of OFS Capital Management, LLC, our investment advisor who, together with other insiders, own approximately 8% of the Company’s common stock.

The following schedule applies to the distribution for common stockholders of record on the close of business of the record date:

Record Date

Payment Date

Distribution Per Share

September 13, 2021

October 29, 2021

$0.55

 

The amount, details and U.S. federal income tax consequences of the distribution will be described in the election form and accompanying materials that will be mailed to stockholders in connection with the distribution promptly following the record date. Election forms must be returned on or before 5:00 p.m. Eastern Time on October 14, 2021 to be effective. Stockholders who do not return a timely and properly completed election form before the election deadline will be deemed to have made an election to receive 100% of their distribution in stock.

Participants in the Company’s dividend reinvestment plan will also receive an election form. The investment feature of the dividend reinvestment plan will be suspended for the distribution and will be reinstated after the distribution has been completed.

Stockholders who hold their shares through a bank, broker or nominee, or in “street name” will not receive an election form directly from the Company and should receive information regarding the election process from their bank, broker or nominee. Street name holders should contact their bank, broker or nominee for additional information.

About OFS Credit Company, Inc.

OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s investment objective is to generate current income, with a secondary objective to generate capital appreciation primarily through investment in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago, Illinois with additional offices in New York and Los Angeles.

Forward-Looking Statements

Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including statements relating to: management’s beliefs that the cash and stock distribution will allow the Company to strengthen its balance sheet and to be in position to capitalize on potential future investment opportunities, when there can be no assurance either will occur; the Company’s commitment to strong, long-term performance and the alignment of that performance to the ownership of the Company’s common stock by affiliated parties; the tax consequences of the distributions to stockholders; and other factors may constitute forward-looking statements. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as the impact of the global COVID-19 pandemic and significant market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

1 Registration does not imply a certain level of skill or training.

INVESTOR RELATIONS:

Steve Altebrando

646-652-8473

[email protected]

MEDIA RELATIONS:

Bill Mendel

212-397-1030

[email protected]

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

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Streaming Services Comprised 45% of Non-Linear Ad Views in 1H 2021, New FreeWheel Report Finds

Streaming Services Comprised 45% of Non-Linear Ad Views in 1H 2021, New FreeWheel Report Finds

Additionally, fueled by buyers seeking flexibility, programmatic also emerged as a main theme during this year’s upfronts, as evidenced by its 84% YOY growth, and is expected to remain a key trend moving forward.

NEW YORK–(BUSINESS WIRE)–
Today,FreeWheel, A Comcast Company (Nasdaq: CMCSA), published the latest installment of its U.S. Video Marketplace Report (VMR), an industry benchmark publication that examines industry viewership trends. This latest report, accessible here, takes a closer look at “The Viewer Evolution and How The Premium Video Marketplace Has Responded” in 1H 2021.

Throughout the first half of this year, new technologies and political tensions – amid an evolving pandemic – transformed and accelerated how people accessed, engaged with and responded to media and advertising. As a result, several key consumer viewership trends and behaviors emerged, which the report’s authors predict will continue to play an influential role in shaping the industry moving forward.

The report’s key findings include:

  • Viewers showed that they are still streaming in the first half of 2021. In particular, there has been a shift in how people watch video with the growth of CTV viewership and the launch of new streaming platforms offering more TV quality programming. During this time frame, ad views continued to increase 50% year over year, driven by the increase in streaming. In fact, streaming services accounted for 45% of recorded ad views, greater than TV Everywhere (TVE), Set-Top Box Video on Demand (STB VOD) and Virtual MVPDs (vMVPDs) as a distribution platform.
  • Connected TV (CTV) accounts for 60% of total ad views, with Roku and Fire TV devices continuing to lead with 43% and 26% of CTV views, respectively.
  • As the world emerged from an unpredictable year, buyers went into the upfronts seeking flexibility, with an increased focus on programmatic transactions. According to a recent study, more than half of CTV buyers planned to allocate more money to programmatic in 2021 than they did in 2020. This trend was seen in the first half of 2021, with programmatic transactions comprising 24% of premium video ad views, resulting in an 84% year-over-year growth.
  • Entertainment programming continues to lead the premium TV video ecosystem, with 92% of ad views. As streaming services continue to double down on content, two main approaches emerged: those who diversify and those who specialize. Paramount+ and Peacock, for instance, offer consumers diverse content ranging from sports to comedies, dramas and movies, while others focus on specific verticals. (Examples include Warner Media’s HBO Max and CNN’s upcoming, subscription based, live programming news streaming service, CNN+.)
  • Behavioral targeting increased share due to advances in audience targeting capabilities with 60% representing behavioral segments and 40% demo.

“The first half of 2021 was an interesting and pivotal time in terms of viewership trends and how the industry responded. One example was the rise in programmatic transactions, as buyers sought greater flexibility, in this year’s upfronts,” said Comcast Advertising VP of Marketing James Rothwell. “As these new consumer behaviors and advertising tactics become habitual, we’re expecting many of these trends to continue fueling the pace and development of new technologies, innovations and ways of reaching and engaging viewers.”

The FreeWheel U.S. Video Marketplace Report highlights the changing dynamics of how enterprise-class content owners and distributors are monetizing premium digital video content.

To read the full report, click here.

About FreeWheel

FreeWheel, A Comcast Company, empowers all segments of The New TV Ecosystem. We are structured to provide the full breadth of solutions the advertising industry needs to achieve their goals. We provide the technology, data enablement, and convergent marketplaces required to ensure buyers and sellers can transact across all screens, across all data types, and all sales channels, in order to ensure the ultimate goal – results for marketers.

With offices in New York, San Francisco, Chicago, London, Paris, Beijing, and across the globe, FreeWheel, A Comcast Company, stands to advocate for the entire industry through the FreeWheel Council for Premium Video. For more information, please visit freewheel.com, and follow us on Twitter and LinkedIn.

Media

Elaine Wong

929-388-9098

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Software Mobile/Wireless Online Entertainment Internet Film & Motion Pictures Technology TV and Radio Marketing Advertising Communications Telecommunications

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