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SpartanNash Invites Store Guests to Help ‘Pour on Kindness’ with Companywide Milk Drive

SpartanNash Invites Store Guests to Help ‘Pour on Kindness’ with Companywide Milk Drive

Guests of SpartanNash-owned retail stores and fuel centers can donate gallons of milk Aug. 15-29 to support local food banks experiencing milk shortages

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–
Grocery retailer and distributor SpartanNash (Nasdaq: SPTN) today announced it has partnered with the United Dairy Industry of Michigan (UDIM) for a companywide milk drive fundraiser to support local families in need. Ninety-five percent of food banks say they don’t have enough milk available for families, according to a survey by Feeding America.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210811005517/en/

SpartanNash Invites Store Guests to Help 'Pour on Kindness' with Companywide Milk Drive (Photo: Business Wire)

SpartanNash Invites Store Guests to Help ‘Pour on Kindness’ with Companywide Milk Drive (Photo: Business Wire)

From Aug. 15-29, guests who visit any participating SpartanNash-owned retail store or fuel center in nine states can join the fight against hunger by donating the approximate cost of one, two or three gallons of milk or rounding up to the nearest dollar at the checkout lane or online through the Fast Lane. More than 145 stores are participating, primarily under the banners of Family Fare, D&W Fresh Market, VG’s Grocery, Martin’s Super Markets and Dan’s Supermarket, to support more than 100 local food banks and pantries. Those who cannot make it to a store can text MILK to 23065 to donate.

“We know that hunger doesn’t take a day off – and the economic impact of COVID has caused increasing numbers of families to turn to food pantries and food banks for support,” said SpartanNash Vice President of Communications Adrienne Chance. “One-hundred percent of funds raised through our milk drive will be used to purchase milk at cost for families throughout the year.”

One in six Americans experiences hunger – a number that increased to one in five during the pandemic. Food banks and food pantries provide hunger-relief services by distributing food and grocery items such as milk and other pantry staples. Access to milk can help to close the nutrition gap, because milk provides potassium, calcium and vitamin D.

“Milk is one of the top three requested items at food banks, yet the average family only receives one gallon per year,” said UDIM Director of Youth Wellness Programs Cortney Freeland. “This means families and children are missing out on milk’s high-quality protein and the essential nutrients it provides. Michigan’s dairy farmers are incredibly proud to partner with SpartanNash and its store guests on this amazing opportunity to provide fresher dairy to our communities in need and ensure everyone has access to nutritious foods.”

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a Fortune 400 company whose core businesses include distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores and U.S. military commissaries and exchanges; as well as operating a premier fresh produce distribution network. SpartanNash serves customer locations in all 50 states and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar and Djibouti. SpartanNash currently operates 148 supermarkets, primarily under the banners of Family Fare, Martin’s Super Markets, D&W Fresh Market, VG’s Grocery and Dan’s Supermarket. Through its MDV military division, SpartanNash is a leading distributor of grocery products to U.S. military commissaries.

About the United Dairy Industry of Michigan

The United Dairy Industry of Michigan is the umbrella organization for the Dairy Council of Michigan and the American Dairy Association of Michigan. On behalf of Michigan’s dairy farm families, these non-profit organizations provide science-based nutrition information to, and in collaboration with, a variety of stakeholders committed to fostering a healthier society, including health professionals, educators, school nutrition directors, academia, industry, consumers and media. For more information, visit MilkMeansMore.org.

Adrienne Chance

VP, Communications

SpartanNash

[email protected]

KEYWORDS: United States North America Michigan

INDUSTRY KEYWORDS: Supply Chain Management Other Retail Philanthropy Supermarket Convenience Store Food/Beverage Fund Raising Other Transport Retail Trucking Transport Other Philanthropy Logistics/Supply Chain Management

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SpartanNash Invites Store Guests to Help ‘Pour on Kindness’ with Companywide Milk Drive (Photo: Business Wire)
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OLB Group Inc. to Report Second Quarter 2021 Results on Thursday, August 12 at 5:00 p.m. Eastern Time

OLB Group Inc. to Report Second Quarter 2021 Results on Thursday, August 12 at 5:00 p.m. Eastern Time

NEW YORK–(BUSINESS WIRE)–
OLB Group (NASDAQ: OLB) (“OLB”, the “Company”), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment solutions, will release financial results for the second quarter 2021 after market close on Thursday August 12, 2021.

Management will host a conference call on Thursday, August 12, 2021 at 5:00 p.m. Eastern time to discuss OLB’s second quarter 2021 financial results, provide a corporate update, and conclude with a Q&A from questions submitted to OLB Investor Relations at [email protected] by shareholders and interested investors . Management will also address questions on:

  • Previously announced Non-Binding Letter of Intent to acquire a portfolio of over 1,200 CBD merchants with annual transaction volume of $300 million and representing potential revenue of $13 million with a forecasted contribution of $3.6 Million in EBITDA when closed.
  • Launching a wholly-owned subsidiary, DMint, for the purpose of further increasing corporate revenue and profitability by cryptocurrency mining with an initial deployment of 1,000 Asics mining computers.

To participate in the earnings call, please use the following information:

To pre-register for this call, please go to the following link:

https://www.incommgloibalevents.com/registration/q4inc/8477/the-olb-group-inc-q2-earnings-call/

You will receive your access details via email.

Future OLB Press Releases and Updates

Interested investors or shareholders can be notified of future Press Releases and Industry Updates by e-mailing [email protected].

Safe Harbor Statement

All statements from The OLB Group, Inc. in this news release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements concerning the impact of COVID-19 on our operations and financial condition, our ability to implement our proprietary merchant boarding and CRM system and to roll out our Omni Commerce and SecurePay applications, including payment methods, to our current merchants and the integration of our secure payment gateway with our crowdfunding platform, our ability to successfully launch a cryptocurrency mining operation and our ability to earn revenue from the new operations. While the Company’s management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include statements regarding the expected revenue and income for operations to be generated by The OLB Group, Inc. For other factors that may cause our actual results to differ from those that are expected, see the information under the caption “Risk Factors” in the Company’s most recent Form 10-K and 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement.

About The OLB Group, Inc.

The OLB Group, Inc. is a payment facilitator and commerce service provider that delivers cloud-based merchant services for web-based and brick-and-mortar organizations. OLB provides a seamless, end-to-end digital commerce solution that includes site creation, hosting, transaction processing and payment gateway, order fulfillment, customer service, outbound marketing, sales reporting, and fundraising. With services from private label shopping sites designed to maintain the unique look or feel of the merchant website, to order fulfillment and customer service, OLB remains invisible to the user and promotes the merchant’s brand with market-leading technology and solutions. For more information about solutions, services, or to find a reseller, please visit www.olb.com. Investor information is available at www.olb.com/investors-data.

The OLB Group – Investor Relations

Rick Lutz

[email protected]

(212) 278-0900 EXT: 333

 

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Software Banking Networks Online Retail Internet Other Retail Professional Services Data Management Technology Security Retail Other Technology

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Verizon expands 5G Home broadband and mobility offerings to more customers

Customers get more of the best 5G in their home and on their phone

AUSTIN, Texas, Aug. 11, 2021 (GLOBE NEWSWIRE) — More 5G in more places for customers on their phone and at home. Continuing its aggressive rollout of its transformational 5G Ultra Wideband service, customers in Austin, TX and Gresham, OR now have access to Verizon’s gold standard 5G Home broadband and 5G Ultra Wideband mobility services. Additionally, customers in Albuquerque, NM; Little Rock, AR and Nashville, TN now have access to Verizon’s 5G Home service and customers in Birmingham, AL now have access to 5G Ultra Wideband mobility service. 5G Ultra Wideband is now available in parts of 78 cities, and 5G Home is now available in parts of 52 cities.

“We’re continuing our aggressive expansion of our 5G Ultra Wideband and 5G Home services,” said Kyle Malady, Verizon’s chief technology officer. “Customers in these six cities join a growing list who can now take advantage of game-changing technology that will power the future of wireless and home broadband applications and solutions.”

Blazing fast 5G for your home


5G Home
, a new kind of home internet, is broadband service with no data caps and no throttling. 5G Home provides super fast connectivity and is ideal for people working remotely, schooling at home or streaming their favorite shows. With the addition of these new cities, Verizon’s 5G Home is now available in parts of 52 cities. And, it’s crazy fast! You can experience max download speeds up to 1 Gbps, with typical download speeds of 300 Mbps.1 It’s also affordable, starting at just $50 a month for Verizon customers with a qualifying mobile plan and Auto Pay, and $70 a month for customers without a qualifying mobile plan. You can also set up 5G Home on your own time. For your entertainment needs, you’ll get a free Stream TV device and a Samsung Chromebook 42 on us so you can work, learn and stream smarter right from home-all with the power of 5G Ultra Wideband.

Blazing fast 5G for your phone

Customers in these six new 5G Ultra Wideband mobility markets can experience ultra-fast wireless speeds, allowing them to download and stream movies and TV shows in seconds3, videoconference and collaborate remotely in near real time, and take advantage of new immersive customer experiences never before available wirelessly. Enterprise customers in these markets now have access to the technology that can dramatically accelerate their digital transformation, revolutionizing how they interact with their customers, track inventory, manage operations and engage with their workforce.

Built for industrial and commercial use cases, Verizon’s 5G Ultra Wideband boasts ultra-low lag and throughputs many times faster than 4G. As the technology continues to mature, it is expected to eventually handle data volumes 100 times larger than 4G LTE networks.

How to get 5G

Specific coverage for 5G Ultra Wideband mobility can be found at https://www.verizon.com/coverage-map/ and 5G Home Internet availability can be found atverizonwireless.com/5g/home.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

______________________________
1Max download speeds up to 1 Gbps, with typical download speeds of 300 Mbps. Typical upload speeds around 50 Mbps. Depending on location, uploads over 5G Ultra Wideband or 4G LTE. 4G LTE backup.
2Offer avail through 9/21/21 via redemption code for a Samsung Chromebook 4 11.6” (4GB RAM). Must install and maintain qualifying 5G Home Internet services in good standing for 45 days to redeem. Thereafter, Verizon will email redemption instructions. Must redeem code w/in 60 days after delivery of email or by no later than 11/21/21, whichever is first. Not redeemable or refundable for cash. Samsung is a registered trademark of Samsung Electronics Co., Ltd.
3Download speeds may vary depending upon network and coverage conditions, and content optimization for 5G Ultra Wideband.

Media contact:

Karen Schulz
[email protected]
864-561-1527



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JetBlue Technology Ventures’ Portfolio Company Joby Aviation Becomes Publicly Traded Company

JetBlue Technology Ventures’ Portfolio Company Joby Aviation Becomes Publicly Traded Company

Joby Aviation, one of JetBlue Technology Ventures’ first sustainability-focused investments, is the first U.S.-based eVTOL company listed on the public markets

SAN CARLOS, Calif.–(BUSINESS WIRE)–
JetBlue Technology Ventures (JTV), the corporate venture capital subsidiary of JetBlue Airways (NASDAQ:JBLU), today congratulates its portfolio company Joby Aviation, Inc. (Joby) on the completion of its merger with Reinvent Technology Partners (Reinvent), a special purpose acquisition company. The combined company is now listed on the New York Stock Exchange (NYSE) for public trading under the ticker symbols “JOBY” and “JOBY WS,” respectively.

“We’re incredibly proud of the Joby team for all of the hard work that led to this moment and look forward to following their success for years to come. Joby’s product will transform the way that people move about urban environments every day, and also solve rising traffic congestion and vehicle pollution within connected cities,” said Amy Burr, president of JetBlue Technology Ventures.

Joby is building a fully-electric vertical take-off and landing (eVTOL) passenger aircraft that it intends to operate for commercial use in the U.S. beginning in 2024. The piloted, four-passenger aircraft travels at speeds up to 200 miles per hour, flies 150 miles on a single charge, and will be significantly quieter than existing rotorcraft or small planes during takeoff and landing.

“Aviation connects the world in critically important ways, but today it does that at the expense of our planet. By taking Joby public we have the opportunity to drive a renaissance in aviation, making emissions-free flight a part of everyday life. This is our generation’s moonshot moment, and at Joby we’re proud to be leaning in,” said JoeBen Bevirt, founder and CEO at Joby.

JTV’s initial 2017 strategic investment in Joby aligns with its commitment to identify and invest in sustainable travel technology. In doing so, the subsidiary also aids JetBlue’s mission to become a sustainability leader. This announcement follows recent news that JetBlue is working in conjunction with Joby and Signature Aviation to ensure that the carbon markets for aviation include the generation of credits for flights powered by green electric and hydrogen propulsion technologies.

JTV continues to support Joby’s success via follow-on investments and assistance to help grow the company. JTV’s founder Bonny Simi joined Joby in December 2020 to serve as Joby’s Head of Air Operations and People to continue to guide the strategic direction of the company.

About JetBlue Technology Ventures

JetBlue Technology Ventures invests in and partners with early stage startups innovating in the travel, transportation, and hospitality industries. The company prioritizes investments that advance the seamless customer-centric journey; reimagine the accommodation experience; next-generation aviation operations and enterprise tech; distribution, loyalty, and revenue management; and sustainable travel. Founded in 2016, JetBlue Technology Ventures is a wholly-owned subsidiary of JetBlue (NASDAQ: JBLU) and is located in Silicon Valley, California. For more information, visit www.JetBlueVentures.com.

About Joby Aviation

Joby Aviation, Inc. is a California-headquartered transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a range of 150 miles on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Founded in 2009, Joby employs more than 800 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington D.C. and Munich, Germany. To learn more, visit www.jobyaviation.com.

Media:

For Joby Aviation

Investors:

[email protected]

+1-831-201-6006

Media:

[email protected]

For JetBlue Airways:

Sarah Mattina

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Transport Finance Air Transport Professional Services Alternative Energy Energy Other Travel Transportation Travel

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Amid Uncertainty, Texas Online Preparatory School is Ready to Give Students Consistency and Motivation this School Year

Amid Uncertainty, Texas Online Preparatory School is Ready to Give Students Consistency and Motivation this School Year 

LEWISVILLE, Texas–(BUSINESS WIRE)–
Texas Online Preparatory School (TOPS), a full-time, tuition-free online public school program of Huntsville Independent School District, is prepared to start the new school year and give students in grades 3-12 a personalized education option designed to help them succeed. TOPS students and teachers hop online to start the 2021-2022 school year tomorrow, August 12.

Students choose online learning for a variety of reasons, including advanced learning, a bullying-free environment, and the flexibility to support extracurricular pursuits or medical needs while maintaining a focus on academics. TOPS’ online platform gives students the opportunity to pursue their academic goals in a supportive environment and at an appropriate pace for their learning style.

Staffed by Texas licensed teachers, TOPS offers an engaging approach to learning, delivering rich, rigorous curriculum that challenges students to achieve their full potential. Despite wide-spread evidence of a “COVID slide” of learning loss for students in the U.S. during the pandemic, Stride K12-powered schools like TOPS reported lower learning loss rates than those reported in national studies. And in some cases, students enrolled in Stride K12-powered schools experienced learning gains.

Students who attend TOPS also have the opportunity to prepare for their futures. High school students can participate in the Career Prep Program and enroll in classes that will help them discover and explore a number of fields. Students can also earn certifications and college credits while still in high school, giving them a head start in their state and potentially saving them thousands of dollars in college tuition costs.

“Last year was rough on Texas families, but at TOPS, we pride ourselves on having a consistent educational model and compassionate teachers who are committed to student achievement and success,” said Julie Overholt, Stride’s Vice President over the Central Region. “We are all excited for another year of growth with our students.”

Many are approaching this school year with cautious optimism. During the pandemic, parents realized that attending online school is a safe, alternative option that encourages academic excellence and growth in all students. According to a recent survey by Stride, Inc., 91 percent of parents agree that it’s important for their children to have multiple school options, including full-time online or a hybrid model that blends online and in-person learning.And almost two-thirds of parents would consider full-time online public school after their 2020 pandemic-driven virtual education experience.

TOPS is still accepting enrollments for the 2021-2022 school year. To learn more about TOPS and how to enroll, visit tops.k12.com or download the Stride K12 mobile app for iOS and Android devices – where families can enroll, prepare for the first day of school, and monitor students’ academic progress throughout the school year.

About Texas Online Preparatory School

Texas Online Preparatory School (TOPS) is a public school that serves students statewide in grades 3-12. TOPS is tuition-free for Texas residents and is made possible through a partnership between Huntsville Independent School District and K12, a Stride company (NYSE: LRN). Stride offers learners of all ages a more effective way to learn and build their skills for the future. For more information about TOPS, visit tops.k12.com.

Media

Ken Schwartz 

Senior Manager, Communications 

Office: 571-405-2211 

[email protected]  

 

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Education Consumer Technology Teens Other Technology Parenting Other Education

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TELUS’ world-leading mobile network earns the top spot from UK-based Opensignal, winning six awards

TELUS tops the industry again with six Mobile Network Experience Report categories, including fastest 5G upload and download speeds and best 4G coverage experience

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — As Canadians continue to rely on reliable and robust network connectivity, TELUS is proud to announce that our mobile network has once again led the industry in Opensignal’s Canada Mobile Network Experience Report1. TELUS remains the carrier to beat when it comes to mobile network experience in Canada, earning the top spot in six of the seven categories, outright winning four (Video Experience, Voice App Experience, Download Speed Experience, Upload Speed Experience) and tying for first in Games Experience and 4G Coverage Experience. TELUS also tied for first in 5G Video Experience, 5G Download Speed, and 5G Upload Speed in Opensignal’s 5G Experience Report2, reinforcing the strength and superiority of our network across the country.

“More than ever, Canadians value a fast, reliable connection, and the consistent recognition from independent, third-party organizations, such as UK-based Opensignal, reinforces the superiority of TELUS’ world-leading mobile network,” said Darren Entwistle, President and CEO of TELUS. “This is the ninth consecutive time TELUS’ mobile network has earned top recognition from Opensignal, as our team, including our engineers and network innovators, have worked diligently to keep Canadians connected to the people and information that matter most. We are extremely proud of the many ways in which our mobile network, with its global-best speeds, is facilitating critical, transformational change in respect of health, education, teleworking, the environment and the economy. Perhaps most importantly, our world-leading networks are helping to bridge digital divides so that every member of our society has the opportunity to realize their full potential.”

Highlights from the reports include:

  • With an average download speed of 73.9 Mbps, TELUS users continue to experience the fastest overall download speeds in Canada: TELUS’ speeds were 5.8 per cent faster than the second place carrier, and a whopping 28.6 per cent faster than the third place carrier
  • TELUS jointly won in 5G Download Speeds with speeds 63.2-69.7 Mbps faster than those of the third place carrier.
  • TELUS also jointly won in 5G Upload Speeds and 5G Video Experience, receiving an “Excellent” rating in the latter category
  • TELUS outright wins in Video Experience, Voice App Experience, Download Speed Experience, and Upload Speed Experience
  • TELUS jointly wins in Games Experience and 4G Coverage Experience

TELUS’ wireless and wireline networks have been serving Canadians with the highest quality and connectivity excellence throughout the Covid-19 pandemic. With significantly more Canadians working and learning from home over the last 17 months, TELUS has accelerated investments in new technologies to further enhance our network reliability, resiliency and world-leading performance standards to ensure that our customers have a seamless, robust experience.

Leveraging multiple vendors including Samsung, Ericsson, and Nokia, TELUS is expanding its 5G network to over 615 communities across Canada. The evolution of 5G will also allow us to connect more than 30 billion life-changing devices, supercharge drones with sensors for improved crop management and make autonomous vehicles smarter and safer – and that is just the beginning. It is estimated that 5G will create 250,000 jobs and contribute $150 billion to Canada’s economy over the next 20 years, which will be key to Canada’s fiscal recovery.

The recognition from Opensignal complements the countless accolades TELUS has earned over the years in respect to their world-leading wireless network. In 2021 alone, TELUS has been recognized by other independent industry-leading experts, including Seattle-based Ookla, Victoria-based Tutela and New York-based J.D. Power, building on an outstanding record of achievement with respect to network excellence. Notably, these awards are based on TELUS’ national networks, inclusive of both urban and rural coverage.

About TELUS

TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $16 billion in annual revenue and 16 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. We leverage our global-leading technology and compassion to enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. In 2020, TELUS was recognized as having the fastest wireless network in the world, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better. TELUS Health is Canada’s leader in digital health technology, improving access to health and wellness services and revolutionizing the flow of health information across the continuum of care. TELUS Agriculture provides innovative digital solutions throughout the agriculture value chain, supporting better food outcomes from improved agri-business data insights and processes. TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that delivers next-generation AI and content management solutions for global brands across the technology and games, ecommerce and FinTech, communications and media, healthcare, travel and hospitality sectors. TELUS and TELUS International operate in 25+ countries around the world. Together, let’s make the future friendly.

Driven by our passionate social purpose to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS, our team members and retirees to contribute more than $820 million and 1.6 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world.

For more information about TELUS, please visit telus.com, follow us @TELUSNews on Twitter, and @Darren_Entwistle on Instagram.

For more information, please contact:

Jay McCauley
TELUS Public Relations
[email protected]

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Opensignal Awards — Canada: Mobile Network Experience Report August 2021, based on independent analysis of mobile measurements recorded during the period
Apr 01 – Jun 29, 2021
© 2021 Opensignal Limited.


2

Opensignal Awards — Canada: 5G Experience Report August 2021, based on independent analysis of mobile measurements recorded during the period Apr 01 – Jun 29, 2021 © 2021 Opensignal Limited.



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J.P. Morgan Asset Management Proposes Conversion of Select Mutual Funds to ETFs

Combining Mutual Fund and ETF Boards also proposed

Moves would expand firm’s fast-growing active ETF complex to 17 active strategies

PR Newswire


NEW YORK
, Aug. 11, 2021 /PRNewswire/ — J.P. Morgan Asset Management has announced plans to convert select U.S. mutual fund vehicles to ETFs in 2022. The conversions, which are subject to fund board approval, are intended to expand J.P. Morgan’s ability to deliver more of its industry-leading investment capabilities in the ETF vehicle, a structure that it believes is well-suited for the four mutual funds currently in scope and will be beneficial to their investors. The combined assets of the funds proposed for conversion are approximately $10 billion (as of 6/30/2021).

J.P. Morgan Asset Management also announced that, in light of continued convergence of mutual funds and ETFs, the boards of the J.P. Morgan mutual funds and ETFs are asking shareholders to elect a common board of 16 to govern the entire J.P. Morgan Fund complex. If approved by shareholders, this change also would take effect in early 2022.

“As one of the fastest growing asset management firms, we are positioning ourselves to deliver our best investment capabilities more rapidly through a broader range of vehicles including mutual funds and ETFs.  We also believe the combination of the mutual fund and ETF boards will allow shareholders to benefit from the boards’ substantial combined experience and better position us to deliver the highest value-add capabilities in a rapidly evolving industry,” saidGeorge Gatch, Chief Executive Officer, J.P. Morgan Asset Management.

If the boards approve these conversions, which they expect to consider early next year, the following mutual funds would be converted to substantially similar ETFs in an active transparent ETF structure:

  • JPMorgan International Research Enhanced Equity Fund (OEIAX: AUM $5.0BN*)
  • JPMorgan Market Expansion Enhanced Index Fund (OMEAX: AUM $1.1BN*)
  • JPMorgan Realty Income Fund (URTAX: AUM $2.2BN*)
  • JPMorgan Inflation Managed Bond Fund (JIMAX: AUM $1.4BN*)

*AUM as of 6/30/2021

By converting these mutual funds to ETFs, J.P. Morgan would provide clients with active investment options in spaces that traditionally have seen mostly passive ETF solutions. 

J.P. Morgan Asset Management is announcing the proposed conversion plans well in advance to provide shareholders and distributors with ample notice of the planned conversions and to allow them time to engage with J.P. Morgan on the implications of this important effort. It is anticipated that if the conversions are approved by the boards of the funds, they would not require shareholder approval prior to implementation.

“As a leading active manager, it is important to us that we continue to deliver our investment capabilities in the vehicle that meets our clients’ desired outcomes,” said Bryon Lake, Head of Americas ETFs. “The intraday liquidity, transparency and potential tax benefits that come with ETFs carry significant value to many investors, and these particular strategies are well suited for the ETF structure.”

“J.P. Morgan is known for its deep investment expertise across asset classes and we want our product offering to be equally diverse – reflecting our broad capabilities across ETFs, mutual funds, separately managed accounts and other structures,” said Jed Laskowitz, Global Head of Asset Management Solutions. “We believe that select, thoughtful conversions have the opportunity to positively impact the shareholders’ experience, and that is always our goal.” 

J.P. Morgan Asset Management’s U.S. ETF suite has 36 products with more than $64 billion in assets under management. J.P. Morgan Asset Management ranks as a top ten ETF issuer with respect to AUM and net flows across the active fund and ETF industry for 2021[1]. J.P. Morgan manages 129 mutual funds, with $899 billion in AUM (as of 6/30/21). Our portfolio managers have delivered outstanding performance throughout market cycles, with 79% of our mutual fund AUM ranked in the top two quartiles over the 10-year period (as of 6/30/2021). As a leading active manager in the industry, we are committed to providing access to our investment capabilities through a range of vehicles including ETFs, mutual funds, commingled funds, SMAs and liquid alternatives.


About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of $2.6 trillion (as of 6/30/2021), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information: www.jpmorganassetmanagement.com.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.

J.P. Morgan ETFs are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA. More information is available at https://am.jpmorgan.com/us/en/asset-management/gim/adv/products/etfs.


Investors should carefully consider the investment objectives and risks as well as charges and expenses of the funds before investing. The summary and full prospectuses contain this and other information about the funds and should be read carefully before investing. To obtain a prospectus call 1-800-480-4111.


Information regarding the proposed election of a common board, including the participants in the solicitation of proxies and a description of their direct or indirect interests, by security holdings or otherwise, will be contained in the proxy materials to be filed with the Securities and Exchange Commission (“SEC”). Shareholders should read the proxy statement when it is available because it contains important information. The proxy statement will be mailed to shareholders of record, and shareholders will also be able to access the proxy statement, and any other relevant documents, on the SEC’s website at



www.sec.gov



once filed. The proxy statement also will be available at



www.proxyvote.com



and a paper copy can be obtained at no charge by calling 1-800-690-6903.


In connection with the proposed conversions discussed herein, an information statement/prospectus that will be included in a registration statement on Form N-14 will be filed with the SEC. After the registration statement is filed with the SEC, it may be amended or withdrawn and the information statement/prospectus will not be distributed to shareholders unless and until the registration statement is declared effective by the SEC. Investors are urged to read the materials and any other relevant documents when they become available because they will contain important information about the conversions. After they are filed, free copies of the materials will be available on the SEC’s website at



www.sec.gov



. These materials also will be available at



www.jpmorganfunds.com



and a paper copy can be obtained at no charge by calling 1-800-480-4111.


This communication is for informational purposes only and is not a solicitation of a proxy from any fund shareholder and does not constitute an offer of any securities for sale. No offer of securities will be made except pursuant to a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

1 Data according to ETFdb.com as of August 10, 2021.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/jp-morgan-asset-management-proposes-conversion-of-select-mutual-funds-to-etfs-301353013.html

SOURCE J.P. Morgan Asset Management

Posted on

Ampio Pharmaceuticals to Participate in Upcoming Virtual Investor Conferences

PR Newswire

ENGLEWOOD, Colo., Aug. 11, 2021 /PRNewswire/ — Ampio Pharmaceuticals, Inc. (NYSE American: AMPE), a biopharmaceutical company focused on the advancement of immunology-based therapies for prevalent inflammatory conditions for which there are limited treatment options, today announced that the company will host one-on-one investor meetings at the following investor conferences:

H.C. Wainwright 23rd Annual Global Investment Conference

Date:  September 13-15, 2021

Cantor Fitzgerald Virtual Global Healthcare Conference

Date:  September 27-30, 2021

About Ampio Pharmaceuticals

Ampio Pharmaceuticals, Inc. is a biopharmaceutical company primarily focused on the advancement of immunology-based therapies to treat prevalent inflammatory conditions for which there are limited treatment options. Ampio’s lead drug, Ampion™, is backed by an extensive patent portfolio with intellectual property protection extending through 2037 and will be eligible for 12-year FDA market exclusivity upon approval as a novel biologic under the Biologics Price Competition and Innovation Act (BPCIA).

Forward Looking Statements

Ampio’s statements in this press release that are not historical fact, and that relate to future plans or events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “could,” “believe,” “expect,” “plan,” “anticipate,” and similar expressions. These forward-looking statements include statements regarding Ampio’s ability to access equity financing and fund research and development programs and operations through the fourth quarter of 2022, expectations with respect to Ampion, including its ability to treat prevalent inflammatory conditions for which there are limited treatment options (including COVID-19) and its ability to offer the benefits of steroids without the side effects, the significance of reported results in early clinical trials, the timing of patient enrollment for the Phase I Long-COVID trial and the Phase II COVID-19 trials, the timing and outcome of the Company’s application for Emergency Use Authorization of Ampion in COVID-19 patients with inhalation and intravenous routes of drug delivery, the term of Ampion’s patent protection and the timing and likelihood of Ampion’s approval as a novel biologic under the BPCIA, including the availability of 12-year FDA market exclusivity in connection with such approval. These forward-looking statements are made on the basis of the current beliefs, expectations, and assumptions of the management of Ampio and are subject to significant risks and uncertainties that could cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. The risks and uncertainties involved include those detailed from time to time in Ampio’s filings with the Securities and Exchange Commission, including without limitation, in Ampio’s Annual Report on Form 10-K and other documents filed with the Securities and Exchange Commission. Ampio undertakes no obligation to revise or update these forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact

Katie Kennedy

[email protected] 
610-731-1045

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ampio-pharmaceuticals-to-participate-in-upcoming-virtual-investor-conferences-301352299.html

SOURCE Ampio Pharmaceuticals, Inc.

Posted on

Qumu Adds Customer-Defined Encryption Keys, Expanding Options for Securing Video Content

Qumu Adds Customer-Defined Encryption Keys, Expanding Options for Securing Video Content

MINNEAPOLIS–(BUSINESS WIRE)–Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology, today announced the availability of customer-defined encryption keys, giving users additional options for how they control and secure their video content.

Customer-defined encryption keys are the latest addition to Qumu’s holistic, enterprise-grade security approach. Users already benefit from automatic protection and encryption of internal and external video streams when they use the Qumu video platform. This new capability enables users to customize encryption keys aligned to meet government or industry regulations, policies and internal workflows—an appealing option for many organizations across industries looking to securely deliver video at scale, from financial services to life sciences and healthcare.

“Multi-layer, customized security for video content is more vital than ever given the rise of remote work and an evolving regulatory environment,” said Andi Mann, chief technology officer, Qumu. “We understand that every time a user puts out a video, they’re trusting Qumu with intellectual property or customer information. Customer-defined encryption is Qumu’s latest way of giving our customers the reigns when it comes to how they secure their video content.”

For more information about Qumu Cloud, please connect with us or visit Qumu.com

About Qumu Corporation

Qumu (Nasdaq: QUMU) empowers hyper-distributed organizations to leverage the full power of video to move forward, faster. Qumu’s Video Engagement platform helps businesses build connectedness and shape a culture that is more engaged, motivated, and aligned to drive impact in a work from wherever, whenever world.

Qumu Media Contact:

Ashley Paula-Legge

Big Valley Marketing for Qumu

[email protected]

+1 707-972-0073

Qumu Investor Contact:

Matt Glover or Tom Colton

Gateway Investor Relations

[email protected]

+1 949-574-3860

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS: Mobile/Wireless Technology Other Communications Security Public Relations/Investor Relations Marketing Communications Software Audio/Video Internet

MEDIA:

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Alkaline88® Will Be Available in Over 400 United Pacific, Rocket Branded Convenience Stores

Alkaline88® Will Be Available in Over 400 United Pacific, Rocket Branded Convenience Stores

Alkaline88® Continues Its Push Into the Convenience Channel with United Pacific

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline water company and The Clean Beverage Company™, is pleased to announce that Alkaline88®’s Deliciously Smooth™ water will soon be available in over 400 United Pacific stores throughout the Western United States. This is made possible through our partnership with Core-Mark, who will be distributing the product from their distribution centers throughout the western region.

“United Pacific is a great win for us. Alkaline88® will launch in late August or early September in over 400 United Pacific, Rocket branded convenience stores. United Pacific is a market leader in California, Oregon, Washington, and Colorado,” said Ricky Wright, President and CEO of The Alkaline Water Company. “The c-store channel remains a focus for us in fiscal 2022. We expect to see a significant increase in volume and revenue from this relationship. This is only possible thanks to Core-Mark, a leader in convenience store distribution, who will be carrying our product in their distribution centers throughout the West.”

Alkaline88® is known for its superior hydration with a perfect 8.8pH balance. The brand was developed to deliver a Deliciously Smooth™ taste that encourages consumers to drink more and fully hydrate. The Company is dedicated to purity, quality, value, and taste. The water’s ingredient deck is simple, easy to understand, and free of buffers. Alkaline88 ionized water contains just two ingredients that customers trust — purified water and Pink Himalayan Rock Salt.

The Alkaline Water Company is The Clean Beverage Company™ making a difference in the water you drink and the world we share.

The Alkaline88® flagship brand of premium alkaline water is now available in 75,000 stores across all trades in the U.S. For more information, visit www.thealkalinewaterco.com.

About The Alkaline Water Company:

Founded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts our trademarked label “Clean Beverage.” Quickly being recognized as a growing lifestyle brand, Alkaline88® launched A88 Infused™ in 2019 to meet consumer demand for flavor-infused products. A88 Infused™ flavored water is available in six unique all-natural flavors, with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for the Alkaline88® and A88 Infused™ brands.

To purchase Alkaline88® and A88 Flavor Infused products online, visit us at www.alkaline88.com.

To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.

About United Pacific:

United Pacific, through its retail convenience locations and its retail and wholesale fuel distribution network, has established itself as one of the largest independent owners, operators, and suppliers of gas stations and convenience stores in the Western United States. United Pacific offers motor fuels products under the 76, Conoco, Phillips 66, Shell and United Oil flags and convenience items through the Rocket brand. United Pacific operates its retail and wholesale businesses in California, Oregon, Washington and Colorado.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the following: that Alkaline88® will launch in late August or early September in over 400 United Pacific, Rocket branded convenience stores and the Company expects to see a significant increase in volume and revenue from this relationship.

The material assumptions supporting these forward-looking statements include, among others, that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that there will be an expansion into new national and regional grocery retailers; that there will be an expansion into new e-commerce, home delivery, convenience, and healthy food channels; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of alkaline water or any other products; additional competitors selling alkaline water and enhanced water products in bulk containers reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the fact that the Company has a limited number of suppliers of its unique bulk bottles; the potential for supply-chain interruption due to factors beyond the Company’s control; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace enhanced water products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations, and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents the Company files with the SEC, available at www.sec.gov, and on the SEDAR, available at www.sedar.com.

The Alkaline Water Company Inc.

Jeff Wright

Director of Investor Relations

866-242-0240

[email protected]

Media

Jessica Starman

888-461-2233

[email protected]

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Retail Convenience Store Food/Beverage

MEDIA:

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