Vuzix to Discuss Today its Growing Healthcare Business at Pioneers of Health Tech

PR Newswire

ROCHESTER, N.Y., Oct. 28, 2021 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, will participate in a panel discussion at the Pioneers of Health Tech, a virtual event being held today, October 28, 2021. The presentation will be webcast live at 4:00pm CET (10:00am ET). Event registration is free and available at https://share.hsforms.com/1WSjwXoAESJy418fII_khpA5hl9v.

About Pioneers of Tech Health

Pioneers of Health Tech brings together health professionals from Startups, Corporates and Health Institutions which foster digital health solutions from a deep technological perspective. The event focuses on health entrepreneurs and enthusiasts as well as on the digital health community locally (extended DACH region) and internationally. In each session, one high-caliber tech expert provides us with the thrilling knowledge to understand one of the core technologies of future health care. Plus, market-leading startups that apply the selected technology share deep insights about their digital health solutions. Discover the power of technological innovations in healthcare! For more information, please visit digital-health.io.

About Vuzix Corporation

Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company’s products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 210 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2021 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan.  For more information, visit the Vuzix websiteTwitter and Facebook pages.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Smart Glasses and among other things the Company’s leadership in the Smart Glasses and AR display industry. They are generally identified by words such as “believes,” “may,” “expects,” “anticipates,” “should” and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company’s beliefs and assumptions as of the date of this release. The Company’s actual results could differ materially due to risk factors and other items described in more detail in the “Risk Factors” section of the Company’s Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Vuzix Media and Investor Relations Contact:

Ed McGregor, Director of Investor Relations,
Vuzix Corporation
[email protected]  
Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – [email protected]  www.vuzix.com

 

 

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CLPS Incorporation Signs Framework Agreement with an Emerging Automotive Brand to Provide End-to-End IT Services for its Upcoming Electric Vehicles

PR Newswire

HONG KONG, Oct. 28, 2021 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced that, through its majority-owned subsidiary, JAJI (Shanghai) Co., Ltd., it has entered into a framework agreement (the “Agreement”) with an emerging high-end intelligent pure electric car brand in China (the “Client”) to provide end-to-end IT consulting services for its newly launched electric vehicles (EV).

The Client is a new player in the electric vehicle market founded by a leading Chinese state-owned automotive company. It is committed to developing high-end intelligent electric sedan and SUV, of which its flagship model is scheduled for mass-production by the end of 2021. In this cooperation, CLPS will provide a full range of IT consulting services involving technology-powered components and applications for the Client’s first and succeeding EVs, including but not limited to electric power system, smart-driving system, intelligent operating system and car owner community operation, among others. In addition, both parties have agreed to jointly promote revolutionized driving experience in the pinnacle of intelligent era.

Mr. Henry Li, Chief Operating Officer of CLPS, said, “Automotive is one of our four key business areas which has shown significant improvement in the recent years both in business development and financial perspectives. This cooperation is a breakthrough for us in the domestic automotive market, a reflection of our success in pursuing opportunities in the intelligent vehicle market. Moreover, our cooperation with the Client will enable further integration of our core services into the automotive intelligent industry’s R&D and manufacturing, as well as to open more doors for innovative applications in the aforementioned sector.”

Mr. Raymond Lin, Chief Executive Officer of CLPS, commented, “Our cooperation with the Client will serve as the main driver of our future growth in automotive area. We adhere to our dual-engine growth strategy through continued market penetration to offer IT consulting services across sectors such as in automotive, while constantly innovating our IT solutions built up with cutting-edge technologies. Likewise, we will leverage our global footprint particularly in Asia market to explore such opportunity.”

For the fiscal year ended June 30, 2021, CLPS’ revenue from automotive area increased by 132.0%, from $3.6 million to $8.5 million in the prior year period. It accounted for 6.7% of the total revenue compared to 4.1% over the previous fiscal year.

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the “Company”) (Nasdaq: CLPS) is a global leading information technology (“IT”) consulting and solutions service provider focusing on the banking, insurance, and financial service sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial service industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong SAR, and their PRC-based IT centers. The Company maintains 19 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Xi’an, Chengdu, Guangzhou, Shenzhen, Hangzhou, and Hainan. The remaining eight global centers are located in Hong Kong SAR, USA, Japan, Singapore, Malaysia, Australia, India, and the Philippines. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on FacebookLinkedIn, and Twitter.

Forward-Looking Statements

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s expectations of the Company’s future growth, performance and results of operations, the Company’s ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation
Rhon Galicha
Investor Relations Office 
Phone: +86-182-2192-5378
Email: [email protected]

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SOURCE CLPS

Rush Street Interactive Launches “RushArena” A Proprietary Multi-Player Tournament Engine Further Advancing The Innovation Of Its Online Casino Platform

RSI Premieres “RushRace,” a Unique Slots Tournament Experience, Allowing Online Casino Players to Compete Head-to-Head Anytime

PR Newswire

CHICAGO, Oct. 28, 2021 /PRNewswire/ — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), which operates the BetRivers, PlaySugarHouse, and RushBet online casino and sportsbook brands, has developed “RushArena™,” an innovative multi-player tournament engine to allow players to compete head-to-head on their own time. Building off of RSI’s success with its popular bingo games, RushArena was created to offer unique and pioneering peer-to-peer promotional games that extend players’ experiences and offer even more opportunities to win.  

RSI’s initial execution of RushArena is “RushRace™,” a best-in-class slots tournament that advances players’ online gaming experience beyond the classic land-based casino tournament.  While traditional slot tournament players start at the same time with the same balance and limited game selections, RushRace:

  • Permits players to join at any time in the tournament window 
  • Tournaments are designed so players can choose from a wide number of game selections
  • Players can switch games during the tournament to try their luck at a different title
  • Players can start with different balances and win based on a wide range of different outcomes  
  • Players can adjust wager amounts based on desired strategy 
  • Leader boards and player positions are updated in real time and can be viewed while competing 
  • Tournament entries may be awarded by a wide range of methods, including  purchases from RSI’s proprietary  bonus store using bonus store points 

RSI has always offered various ways to award players with more opportunities to win and earn rewards.  Scratch Cards, Wheel Spins, instant animated awards and RSI’s industry leading proprietary Bonus Store are some of the rewards players can choose.These rewards have always revolved around opportunities to win with games of chance between the player and RSI.  Now RushArena extends RSI’s relationship with its valued casino players by offering fun tournaments and other experiences where casino players can compete against each other for exciting rewards and prizes. 

“Enhancing the player experience remains our top business strategy,” said Richard Schwartz, CEO of RSI.  “We listen to our customers, and by owning, building and innovating the framework, we can tailor our games to deliver what our casino players, or insights obtained from them, have told us they want.  We use these ground-breaking game mechanics to create new experiences, which is consistent with our goal to increase retention, loyalty, and business KPIs.”

RSI’s revolutionary framework will also allow for the addition of new head-to-head contests and much more in the future.  The engine used to create RushArena and its RushRaces will also soon be employed to create peer-to-peer competition events, which will allow BetRivers.com, PlaySugarHouse.com, and RushBet patrons to challenge each other in fun and rewarding battles.

About RSI

RSI is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.com and PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in twelve U.S. states: Pennsylvania, Illinois, New Jersey, New York, Connecticut, Michigan, Indiana, Virginia, Colorado, Iowa, West Virginia and Arizona. RSI is also active internationally, offering its online casino and sportsbook in the regulated gaming market of Colombia on RushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visit www.rushstreetinteractive.com.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. RSI’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, RSI’s expectations about its RushArena engine and the games and other features it can facilitate, including RushRace, and the expected benefits and results of the same. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside RSI’s control and are difficult to predict. Factors that may cause such differences include, without limitation, changes in applicable laws or regulations, unanticipated product or service delays, and other risks and uncertainties indicated from time to time in RSI’s most recent Annual Report on Form 10-K, including those under “Risk Factors” therein, and in RSI’s other filings with the SEC. RSI cautions that the foregoing list of factors is not exclusive. RSI cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. RSI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

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SOURCE Rush Street Interactive

DBGI Launches on Amazon Prime, while also Launching its Affiliate Program

PR Newswire

AUSTIN, Texas, Oct. 28, 2021 /PRNewswire/ — Digital Brands Group, Inc. (“DBGI”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces it launched DSTLD on Amazon Prime, while it also launched its affiliate program across all its brands.

DSTLD has officially moved past the “on-boarding” stage today with Amazon Prime, which means its product will be for sale on Amazon Prime. “We believe the extra time and work it took to qualify for Amazon Prime will result in much higher short and long-term value versus just selling as a third party on Amazon’s site,” said Laura Dowling, Chief Marketing Officer of Digital Brands Group.

Furthermore, in the next three days, DSTLD’s Brand Store will launch on Amazon, which will include DSTLD’s own videos and branded content. According to statista.com and eMarketer, 63 percent of online shoppers go to Amazon to start searching for products, which we believe will increase brand awareness and customer acquisition.

In addition to this, DBGI is launching an affiliate program across all its brands. This is the first time most of its brands have launched an affiliate program. The benefit of an affiliate program is the significant reach a brand creates working with major online publications and their millions of readers, so the brand awareness and customer reach is exponential to traditional digital marketing programs. Historically, DSLTD has generated meaningful revenue and customer acquisition growth through its affiliate programs.

Once again, Hil Davis, Chief Executive Officer of Digital Brands Group, stated that “we are excited to finally move into our growth phase, and believe these programs will show the power of our platform and the growth opportunity for Q4 of 2021 and 2022.” 

Finally, as we discussed in our S-1, we expect to continue to grow through acquisitions and expect to continue to acquire companies this year, most of which will require GAAP PCAOB audits. These audits take time, which results in a delayed acquisition timeframe weighted toward the final months of 2021.


Forward-looking Statements

Certain statements included in this release are “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting DBG and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding DBG’s plans, objectives, projections and expectations relating to DBG’s operations or financial performance, and assumptions related thereto are forward-looking statements. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. DBG undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of DBG to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis, including the coronavirus (COVID-19) global pandemic; the level of consumer demand for apparel and accessories; disruption to DBGs distribution system; the financial strength of DBG’s customers; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volatility in the global capital and credit markets; DBG’s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; intense competition from online retailers; manufacturing and product innovation; increasing pressure on margins; DBG’s ability to implement its business strategy; DBG’s ability to grow its wholesale and direct-to-consumer businesses; retail industry changes and challenges; DBG’s and its vendors’ ability to maintain the strength and security of information technology systems; the risk that DBG’s facilities and systems and those of our third-party service providers may be vulnerable to and unable to anticipate or detect data security breaches and data or financial loss; DBG’s ability to properly collect, use, manage and secure consumer and employee data; stability of DBG’s manufacturing facilities and foreign suppliers; continued use by DBG’s suppliers of ethical business practices; DBG’s ability to accurately forecast demand for products; continuity of members of DBG’s management; DBG’s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; DBG’s ability to execute and integrate acquisitions; changes in tax laws and liabilities; legal, regulatory, political and economic risks; adverse or unexpected weather conditions; DBG’s indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent DBG from fulfilling its financial obligations; and climate change and increased focus on sustainability issues. More information on potential factors that could affect DBG’s financial results is included from time to time in DBG’s public reports filed with the SEC, including DBG’s Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished with the SEC.


A


bout Digital Brands Group



We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. Digital native first brands are brands founded as e-commerce driven businesses, where online sales constitute a meaningful percentage of net sales, although they often subsequently also expand into wholesale or direct retail channels., Unlike typical e-commerce brands, as a digitally native vertical brand we control our own distribution, sourcing products directly from our third-party manufacturers and selling directly to the end consumer. We focus on owning the customer’s “closet share” by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort. We have strategically expanded into an omnichannel brand offering these styles and content not only on-line but at selected wholesale and retail storefronts. We believe this approach allows us opportunities to successfully drive Lifetime Value (“LTV”) while increasing new customer growth. 

Digital Brands Group, Inc. Company Contact
Hil Davis, CEO
Email: [email protected]
Phone: (800) 593-1047

Related Links

https://www.digitalbrandsgroup.co  

https://ir.digitalbrandsgroup.co

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SOURCE Digital Brands Group, Inc.

Ambow Announces Release of Co-Produced “China Integrated Circuit Industry Talent Development Report 2020-2021”

PR Newswire

BEIJING, Oct. 28, 2021 /PRNewswire/ — Ambow Education Holding Ltd. (“Ambow” or the “Company”) (NYSE American: AMBO), a leading cross-border career educational and technology service provider, today announced that the “China Integrated Circuit Industry Talent Development Report 2020-2021” (the “Report”), formerly known as “White Paper on Talents in China’s Integrated Circuit Industry,” was officially released at the Fourth Semiconductor Intelligence Conference 2021 in Zhuji, Zhejiang. As one of the Report’s primary contributors, Ambow has participated in its research and compilation for five consecutive years.

Ambow collaborates with a distinguished group of industry leaders including the China Center for Information Industry Development (CCID) and the China Semiconductor Industry Association (CSIA) to research and assemble the Report, which examines talent demand trends in China’s semiconductor industry and supplies data support for relevant policy and industry research. Ambow’s core team of leading integrated circuit experts from Silicon Valley provides research and analysis of talent supply and demand as well as talent structure. For the past four years, Ambow has also assisted in the organization of the Semiconductor Intelligence Conference, leveraging its strengths and resources to promote the development of a positive environment for talent cultivation in the integrated circuits industry.

Dr. Jin Huang, President and Chief Executive Officer of Ambow, commented, “As a pioneer of new technologies and new models in education, Ambow is dedicated to refining and perfecting the talent cultivation model for the integrated circuits industry. Looking ahead, we will actively adapt to the industry’s upgrade requirements, build a talent cultivation ecosystem and public service platform based on key links in the industry chain, and facilitate comprehensive industry development.”

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. is a leading cross-border career educational and technology service provider, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in China and United States of America.

Follow us on Twitter: @Ambow_Education

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the outlook and quotations from management in this announcement, as well as Ambow’s strategic and operational plans, contain forward-looking statements. Ambow may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company’s goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company’s expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Ambow undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries please contact:

Ambow Education Holding Ltd.
Tel: +86 10-6206-8000

The Piacente Group | Investor Relations
Tel: +1 212-481-2050 or +86 10-6508-0677
Email: [email protected]

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SOURCE Ambow Education Holding Ltd.

Inhibrx Strengthens Leadership Team with Three Key Executive Hires and Announces Appointment of Kristiina Vuori, M.D., Ph.D. to its Board of Directors

PR Newswire

SAN DIEGO, Oct. 28, 2021 /PRNewswire/ — Inhibrx, Inc. (Nasdaq: INBX), announced the appointment of three key executives: David Matly, M.B.A., as Chief Commercial Officer; David Kao, PharmD, M.B.A., RPh, as Vice President of Regulatory Affairs; and Jack Tsai, M.D., M.B.A., as Vice President of Business Development.

“The additions of David, David and Jack come at an important time for Inhibrx, as our pipeline demonstrates meaningful clinical activity in areas of high unmet medical need such as Alpha-1 Antitrypsin Deficiency and Chondrosarcoma.  We are building a seasoned, world-class leadership team to progress toward our first regulatory approvals and commercial readiness.  Together, these strategic hires bring a wealth of expertise and business acumen that complements our executive management team and strengthens the future trajectory of the company,” said Mark Lappe, Chief Executive Officer and Co-founder of Inhibrx.

Inhibrx also announced the appointment of Kristiina Vuori, M.D., Ph.D. to its Board of Directors, effective October 28, 2021. Dr. Vuori will serve as a member of the Audit Committee and Nominating and Governance Committee of the Board.

In connection with this appointment, Inhibrx Chief Scientific Officer and Co-founder, Brendan Eckelman, Ph.D., stepped down from the Board.

“We are pleased to welcome Kristiina to our Board of Directors,” said Mr. Lappe “Inhibrx will benefit from the skills and expertise Kristiina brings as an accomplished leader and researcher.”

Mr. Lappe added, “I would also like to thank Brendan for his service on our Board. He will continue to drive our research strategy and execution and be an integral part of the executive team.”



David Matly, Chief Commercial Officer

Mr. Matly brings extensive commercial launch and leadership experience across both orphan diseases and oncology. Mr. Matly joins us from Novartis where he served as the global Vice President of the MDS/AML franchise, one of the largest potential growth areas of Novartis Oncology, leading the launch preparation of their flagship program, as well as ensuring commercial success of the entire AML/MDS portfolio. Prior to this role, Mr. Matly was the global commercial lead of the sickle cell disease therapeutic area, leading the launch of ADAKVEO, which at the time was the first approved novel therapy in almost two decades. Also, at Novartis, Mr. Matly was the global commercial lead of PROMACTA/REVOLADE, the largest growth driver of Novartis Oncology. Mr. Matly began his career at Eli Lilly, holding several positions of increasing responsibility in sales and marketing, most notably leading the US launch of CYRAMZA in metastatic lung cancer.

Mr. Matly received his B.S. in Industrial Engineering from Purdue University and his M.B.A. from Harvard Business School.



David Kao, Vice President of Regulatory Affairs

Dr. Kao brings over 20 years of pharmaceutical industry experience in drug development, overseeing programs from initial IND submission to marketing registration and life-cycle management. Prior to Inhibrx, Dr. Kao served as a regulatory lead collaborating on the design of integrated development strategies to support global registration for novel therapies in the oncology, immunology, neurology and cardiovascular therapeutic areas. He comes with considerable regulatory experience in the management of complex clinical programs and in the preparation of regulatory marketing applications from global organizations including Eisai, Roche, Daiichi-Sankyo and Celgene. He most recently served as Development Program Leader at BMS, responsible for the successful delivery of all aspects of drug development for a specific immunology project.

Dr. Kao is a registered Pharmacist and received his B.S. in Pharmacy from Rutgers University, M.B.A. in Marketing from Rutgers Business School, and PharmD from Shenandoah University.



Jack Tsai, Vice President of Business Development

Dr. Tsai leads our business development, portfolio strategy, and formation of new business ventures. He is a seasoned executive that brings more than 15 years of oncology leadership and biopharma industry expertise in business development, search and evaluation, marketing, and new product planning. While at Sanofi, Genzyme and Takeda, Dr. Tsai was responsible for licensing deals and acquisitions with an aggregate value of over $2 billion. His role included activities that resulted in global co-development programs, worldwide collaborative commercialization, while also enabling the transition of innovative early-stage research to late-stage development. He has an outstanding track record of bringing novel treatment modalities to patients, including immuno-oncology therapies that have changed cancer treatment. 

Dr. Tsai holds an M.D. from Tufts University School of Medicine and serves as a member of its faculty, where for over a decade he has been teaching medical student curricula on clinical and integrative medicine. He received his M.B.A. from MIT Sloan School of Management, and his B.S. in Molecular Genetics from the University of Rochester.



Kristiina Vuori, Director

Since January 2010, Dr. Vuori has served as President of, and has held the Pauline and Stanley Foster Presidential Chair at, Sanford Burnham Prebys Medical Discovery Institute (the “Institute”), a non-profit research organization with major research programs in cancer, neurodegeneration, diabetes, and infectious, inflammatory, and childhood diseases. Dr. Vuori also served as the Institute’s interim Chief Executive Officer from January 2013 to September 2014, and from September 2017 to June 2020. Since January 1995, Dr. Vuori has served as a Professor at the Institute’s National Cancer Institute-designated Cancer Center, an interdisciplinary basic and translational research effort mobilizing over 400 scientists.

Dr. Vuori has previously served or is currently serving on the Board of Directors of Bionano Genomics, Inc., Sio Gene Therapies, Forian, Inc., the American Association for Cancer Research, the California Institute for Regenerative Medicine, the California Breast Cancer Research Council and WebMD. Dr. Vuori received her M.D. and Ph.D. from the University of Oulu, Finland.

About Inhibrx, Inc.
Inhibrx is a clinical-stage biotechnology company focused on developing a broad pipeline of novel biologic therapeutic candidates in oncology and orphan diseases. Inhibrx utilizes diverse methods of protein engineering to address the specific requirements of complex target and disease biology, including its proprietary sdAb platform. Inhibrx has collaborations with 2seventy bio, Bristol-Myers Squibb and Chiesi. For more information, please visit www.inhibrx.com.

Forward-Looking Statements
Inhibrx cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on Inhibrx’s current beliefs and expectations. Such forward-looking statements include, but are not limited to, those regarding the expected benefits of Dr. Vuori’s service on the Board of Directors of Inhibrx or any potential benefit as a result of the addition of Mr. Matly, Dr. Kao and Dr. Tsai to the management team as well as the Company’s plans for growth and advancement of its programs. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in Inhibrx’s business, including, without limitation, risks and uncertainties regarding: the initiation, timing, progress and results of its preclinical studies and clinical trials, and its research and development programs; its ability to advance therapeutic candidates into, and successfully complete, clinical trials; its interpretation of initial, interim or preliminary data from its clinical trials, including interpretations regarding disease control and disease response; the timing or likelihood of regulatory filings and approvals; the successful commercialization of its therapeutic candidates, if approved; the pricing, coverage and reimbursement of its therapeutic candidates, if approved; its ability to utilize its technology platform to generate and advance additional therapeutic candidates; the implementation of its business model and strategic plans for its business and therapeutic candidates; its ability to successfully manufacture therapeutic candidates for clinical trials and commercial use, if approved; its ability to contract with third-party suppliers and manufacturers and their ability to perform adequately; the scope of protection it is able to establish and maintain for intellectual property rights covering its therapeutic candidates; its ability to enter into strategic partnerships and the potential benefits of these partnerships; its estimates regarding expenses, capital requirements and needs for additional financing and financial performance; its expectations regarding the impact of the COVID-19 pandemic on its business; and other risks described from time to time in the “Risk Factors” section of our filings with the U.S. Securities and Exchange Commission, including those described in our Annual Report on Form 10-K as well as our Quarterly Reports on Form 10-Q, and supplemented from time to time by our Current Reports on Form 8-K. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Inhibrx undertakes no obligation to update these statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains estimates and other statistical data made by independent parties and by Inhibrx. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates.

 

Investor and Media Contact:
Kelly Deck, CFO
[email protected]
858-795-4260

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SOURCE Inhibrx Inc.

Metallic Launches Security IQ for Proactive Cyber Readiness, Identifies Data Protection Risks at Cloud Scale

Metallic Data Management-as-a-Service (DMaaS) adds advanced security insights and capabilities across its entire award-wining data portfolio

PR Newswire

TINTON FALLS, N.J., Oct. 28, 2021 /PRNewswire/ — Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intelligent Data Services across on-premises, cloud, and SaaS environments, today announced Metallic Security IQ. Embedded as an optional feature across the entire Metallic portfolio, Security IQ is a unified security dashboard that provides customers with quick and meaningful insights into threats impacting their data landscape and their data backup security posture in their Metallic cloud environments.

IT administrators responsible for data protection are facing cyberattacks, ransomware and new and sophisticated threats that make it challenging to meet internal security mandates. With all of the new threats that are being developed by malicious actors, no tool can guarantee protection. However, with Security IQ, Metallic customers get intuitive tools and advanced insights to bolster their data backup and recovery posture broadly across cloud applications, SaaS applications, endpoints, and hybrid cloud workloads. The Security IQ dashboard empowers IT professionals and admins to spot risks and vulnerabilities in real-time, limit their exposure to cyberthreats with zero-trust controls at scale, and make more informed data recovery decisions – from one central location.

“Organizations are demanding that their IT teams not only manage, protect, and govern data, but that they also deliver data security insights that help the organization’s overall security posture and recovery readiness. As a result, IT operations teams are being asked to provide more insights to security operations teams at an urgent pace,” said Manoj Nair, General Manager, Metallic. “It’s the sad truth that too many companies hit by ransomware aren’t prepared. With our multi-layered approach to ransomware protection and secure separation of data from customers’ own environments, we help Metallic users to further identify threats as early as possible so they can recover quickly, minimizing their data loss risk.” 

And it’s not just ransomware. Cybercrime and threats on the whole are rapidly increasing everywhere, putting data security front-and-center as a top concern for businesses and government agencies. Security IQ, alongside Metallic’s zero-trust, enterprise-grade security approach, provides businesses of all sizes with advanced tools to protect data, detect threats, and recover from attack – helping reduce risks and deliver business continuity across their entire data estate.

“We know that in the face of the rising threat of cyberattack, data backup and recovery is often an organization’s last line of defense, and a critical part of any end-to-end security strategy. That’s why we partnered with Commvault to provide the most comprehensive set of cloud-based threat detection and response managed services in the form of Data Preserve powered by Metallic,” said Héctor Guillermo Martínez, President, GM Sectec. “The introduction of Security IQ, along with Data Preserve powered by Metallic, allows us to further expand our world-class managed security services capabilities and help our customers strengthen their data security posture, risk identification, faster response to threats.”

To learn all there is to know about Metallic Security IQ Dashboard and for details on the complete technical features, visit our blog page.

About Metallic

Metallic®, a Commvault venture, was established to bring next-generation SaaS data protection to market, delivering Commvault’s powerful core technology simply through the cloud. Together with its partners, Metallic offers a growing portfolio of SaaS backup and recovery solutions to help today’s companies keep their data protected, compliant, and safe from deletion, corruption, and attack. Metallic operates as a division of Commvault and can be found at http://www.metallic.io

About Commvault

Commvault (NASDAQ: CVLT) liberates business and IT professionals to do amazing things with their data by ensuring the fundamental integrity of their business. Its industry-leading Intelligent Data Services Platform empowers these professionals to store, protect, optimize, and use their data, wherever it lives. Delivering the ultimate in simplicity and flexibility to customers, its Intelligent Data Services Platform is available as software subscription, an integrated appliance, partner-managed, and software as a service—a critical differentiator in the market. For 25 years, more than 100,000 organizations have relied on Commvault, and today, every quarter, Metallic is doubling the number of customers who leverage it to modernize their environments as they look to SaaS for the future. Driven by its values—Connect, Inspire, Care, and Deliver—Commvault employs more than 2,700 highly-skilled individuals around the world. Visit Commvault.com or follow us at @Commvault.

Safe Harbor Statement: Customers’ results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

©1999-2021 Commvault Systems, Inc. All rights reserved. Commvault, Commvault Systems, the “C hexagon” logo & Commvault, the “C hexagon” logo, Hedvig, the “Cube” logo, Metallic, the Metallic “Wave” logo, APSS, CommCell, CommNet, CommServe, Commvault Edge, Commvault GO, Edge Drive, GridStor, InnerVault, IntelliSnap, Universal Data Plane, and Vault Tracker are are trademarks or registered trademarks of Commvault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

 

 

 

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SOURCE Commvault

Heron Therapeutics to Report Third Quarter 2021 Financial Results on Wednesday, November 3, 2021

PR Newswire

SAN DIEGO, Oct. 28, 2021 /PRNewswire/ — Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments to address some of the most important unmet patient needs, today announced that the company will host a conference call and live webcast on Wednesday, November 3, 2021 at 4:15 p.m. ET to report third quarter 2021 financial results and discuss recent business highlights.

The conference call can be accessed by dialing 877-311-5906 for domestic callers and 281-241-6150 for international callers. Please provide the operator with the passcode 7242566 to join the conference call. The conference call will also be available via webcast under the Investor Relations section of Heron’s website at www.herontx.com. An archive of the teleconference and webcast will also be made available on Heron’s website for 60 days following the call.

About Heron Therapeutics, Inc.

Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments to address some of the most important unmet patient needs. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com.

Forward-looking Statements

This news release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management’s expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, risks and uncertainties identified in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law.

Investor Relations and Media Contact:

David Szekeres

Executive Vice President, Chief Operating Officer
Heron Therapeutics, Inc.
[email protected] 
858-251-4447

 

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SOURCE Heron Therapeutics, Inc.

Taseko to Release Third Quarter 2021 Results

PR Newswire

VANCOUVER, BC, Oct. 28, 2021 /PRNewswire/ – Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) (the “Company”) will release its third quarter 2021 financial results after market close on Wednesday, November 3, 2021.

The Company will host a telephone conference call and live webcast on Thursday, November 4, 2021 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific) to discuss these results.  After opening remarks by management, there will be a question and answer session open to analysts and investors.

The conference call may be accessed by dialing 416-764-8688 in Canada, 888-390-0546 in the United States, 08006522435 in the United Kingdom, or online at tasekomines.com/investors/events.

The conference call will be archived for later playback until November 18, 2021 and can be accessed by dialing 416-764-8677 Canada, 888-390-0561 in the United States, or online at tasekomines.com/investors/events and using the passcode 709396 #.

Stuart McDonald

President and CEO

No regulatory authority has approved or disapproved of the information contained in this news release. 

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SOURCE Taseko Mines Limited

TE Connectivity to present at Baird’s 2021 Global Industrial Conference

CEO Terrence Curtin will discuss TE’s market outperformance and leadership position in technology trends

PR Newswire

SCHAFFHAUSEN, Switzerland, Oct. 28, 2021 /PRNewswire/ — Terrence Curtin, chief executive officer at TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, will present in a virtual fireside chat at Baird’s 2021 Global Industrial Conference on Tuesday, Nov. 9, at 9:05 a.m. EST.  The event will be streamed live and will also be available for replay on the investor portion of TE’s website at investors.te.com.

Curtin will discuss TE Connectivity’s financial results for fiscal 2021 and how the company has been able to outperform the market due to the strength and diversity of its portfolio. He will also talk about TE’s strong position in long-term technology trends including electric vehicles, data and cloud, factory automation and renewable investments, and how the company is driving content growth and share gains despite broader global supply challenges.

ABOUT TE CONNECTIVITY

TE Connectivity Ltd. (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With more than 85,000 employees, including over 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

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SOURCE TE Connectivity Ltd.