Market Newsdesk

BAODING, China, April 7, 2021 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE American: ITP) (“ITP” or “the Company”), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has obtained qualification to supply central heating in industrial parks after month-long review process for its combined heat and power generation project utilizing bio mass technology (“Biomass CHP Project”).

ITP completed procurement bidding process in February 2021 for its Biomass CHP Project. Tai Shan Group Co., Ltd., a top boiler manufacturer in China, won the bid. Construction works on the site have been commenced. With successful operation, the project is expected to generate annual electricity output of 56.45 million kw/h, supply annual electricity of 46.29 million kw/h and generate annual heating steam of 521,100 tons, which are sufficient to meet the Company’s internal power and gas demand for paper production, as well as to supply industrial gas to enterprises operating in the industrial parks and to supply heating and electricity to nearby residential compounds that we expect to bring in significant revenues to ITP. The Company expects to generate revenue of RMB114.64 million (approximately $17.5 million) per year based on the heating steam’s current market price of RMB220 per ton. If the project is connected to nearby grids , the Company expects to generate RMB42.33 million (approximately $6.5 million ) in revenue per year based on RMB0.75 kw/h market price of biomass electricity, according to biomass electricity pricing policies set by China National Development and Reform Commission. In total, we estimate to generate an annual revenue of RMB157 million (approximately $24 million) through the Biomass CHP Project.

Mr. Zhenyong Liu, CEO and Chairman of the Company commented, “For the Biomass CHP Project we make use of biomass resources (mainly crop straw, forestry waste and pulp residues) for power generation and heating, which greatly promotes the development and utilization of renewable resources. The goal is to help solve problems related to energy shortage, environmental protection and workforce employment. The renewable energy also fall under key industries that China plans to develop. In addition, through the project the Company expects to expand its business to include high and new technology business that facilitates environmental protection and diversify our sources of revenue and ensure our stable modes of profit-making.”

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’sHebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
[email protected]
Tel: +86 0312 8698215

Investor Relations:
Janice Wang
+86-138-1176-8559
+1-908-510-2351

EverGreen Consulting Inc.
Email: [email protected]

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SOURCE IT Tech Packaging, Inc.

PROVIDENCE, R.I., April 7, 2021 /PRNewswire/ — Bally’s Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has completed the previously announced acquisition of MontBleu Resort Casino & Spa (“MontBleu”) from Caesars Entertainment, Inc. (NASDAQ: CZR).

George Papanier, President and Chief Executive Officer of Bally’s Corporation, said, “MontBleu is a premier entertainment asset that is commensurate with the iconic Bally’s brand, and advances our ongoing portfolio diversification strategy. With the close of this transaction, we look forward to integrating the property into the Bally’s family, and utilizing it as an attractive destination for our loyal Bally’s customers to drive visitation to Lake Tahoe.”

MontBleu is located in Stateline, Nevada, which is situated minutes from Lake Tahoe offering spectacular views of the Sierra Nevada mountains. The property features approximately 418 slots, 17 tables, 438 hotel rooms and approximately 14,000 square feet of flexible convention, meeting & exhibition space.

About Bally’s Corporation

Bally’s Corporation currently owns and manages 12 casinos across eight states, a horse racetrack and 13 authorized OTB licenses in Colorado. With more than 6,000 employees, the Company’s operations include 13,308 slot machines, 460 game tables and 3,342 hotel rooms. Following the completion of pending acquisitions, which include Tropicana Evansville (Evansville, IN) and Jumer’s Casino & Hotel (Rock Island, IL), as well as the construction of a land-based casino near the Nittany Mall in State College, PA, Bally’s will own and manage 15 casinos across 11 states. Bally’s also maintains a multi-year market access partnership with Elite Casino Resorts through which it will provide mobile sports betting in Iowa, as well as a temporary sports wagering permit to conduct online sports betting in the Commonwealth of Virginia. Its shares trade on the New York Stock Exchange under the ticker symbol “BALY.”

Cautionary Note Regarding Forward-Looking Statements

This document includes forward-looking statements within the meaning of the securities laws. Forward-looking statements are statements as to matters that are not historical facts, and include statements about Bally’s plans, objectives, expectations and intentions.

Forward-looking statements are not guarantees and are subject to risks and uncertainties. Forward-looking statements are based on Bally’s current expectations and assumptions. Although Bally’s believes that its expectations and assumptions are reasonable at this time, they should not be regarded as representations that Bally’s expectations will be achieved. Actual results may vary materially. Forward-looking statements speak only as of the time of this document and Bally’s does not undertake to update or revise them as more information becomes available, except as required by law.

Important factors beyond those that apply to most businesses, some of which are beyond Bally’s control, that could cause actual results to differ materially from our expectations and assumptions include, without limitation:

• uncertainties surrounding the COVID-19 pandemic, including limitations on Bally’s operations, increased costs, changes in customer attitudes, impact on Bally’s employees and the ongoing impact of COVID-19 on general economic conditions;
• unexpected costs, difficulties integrating and other events impacting Bally’s recently completed and proposed acquisitions and Bally’s ability to realize anticipated benefits;
• risks associated with Bally’s rapid growth, including those affecting customer and employee retention, integration and controls;
• risks associated with the impact of the digitalization of gaming on Bally’s casino operations, Bally’s expansion into iGaming and sports betting and the highly competitive and rapidly changing aspects of Bally’s new interactive businesses generally;
• the very substantial regulatory restrictions applicable to Bally’s, including costs of compliance;
• restrictions and limitations in agreements governing Bally’s debt could significantly affect Bally’s ability to operate our business and our liquidity; and
• other risks identified in Part I. Item 1A. “Risk Factors” of Bally’s Annual Report on Form 10–K for the fiscal year ended December 31, 2019 as filed with SEC on March 13, 2020 and other filings with the SEC.

The foregoing list of important factors is not exclusive and does not include matters like changes in general economic conditions that affect substantially all gaming businesses.

You should not to place undue reliance on Bally’s forward-looking statements.

Investor Contact

Steve Capp

Executive Vice President and Chief Financial Officer
401-475-8564
[email protected] 

Media Contact

Richard Goldman / David Gill
Kekst CNC
646-847-6102 / 917-842-5384
[email protected]

 

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SOURCE Bally’s Corporation

TEL AVIV, Israel, April 7, 2021 /PRNewswire/ — After having been contacted by several U.S. investment entities with respect to an investment in the Company’s shares and in connection with the listing of its shares on NASDAQ, and in view of the Company’s desire to expand its international operations, SaverOne (TASE: SAVR) Board decided to set up a committee to explore an IPO and/or listing on NASDAQ.

High-tech company SaverOne, which has developed a unique system providing a solution for the problem of driver distraction from cell phone usage, announced that after having been contacted by several U.S. investment entities regarding investment in the Company’s shares and in connection with the listing of its shares on NASDAQ, and in view of the Company’s desire to expand its international operations, including selling the SaverOne system for passenger cars, trucks and buses in commercial and private vehicle fleets overseas, the Company’s Board has decided to set up a committee headed by the Chairman of the Company’s Board of Directors, Mr. Yaakov Tenenbaum, the Company’s CEO, Mr. Ori Gilboa, and an external director of the Company, Mr. Michal Marom Brickman to explore an IPO and/or listing on NASDAQ, in addition to the Company’s listing on the Tel Aviv Stock Exchange.

The SaverOne system is designed to provide a solution for the problem of distraction of drivers using various mobile device apps while driving, thus putting road users at risk. Studies show that the annual cost of motor accidents in the U.S. alone is around $300 billion, with 25% of accidents being related to mobile device usage while driving. The Company’s technology prevents distraction by barring access to various apps on the device and does not require the driver’s cooperation, thus creating a quiet and safe driving environment.

The Company’s initial target market includes commercial and private vehicle fleets, in which the Company’s system will be installed to reduce risks and costs from car accidents involving their drivers. Insurance and leasing companies, as well as companies managing vehicle fleets, have significant interest in reducing damage and costs from motor accidents.

About two weeks ago, the Company announced the signing of an agreement for the supply and installation of 51 SaverOne systems with Froneri, a company jointly owned by Nestle Worldwide and R&R, which some six months ago was among the first companies to have started a pilot with SaverOne, under which 15 systems were installed in company vehicles.

The agreement with Froneri Israel is the second commercial agreement of SaverOne, which several months ago began commercial installation with logistics group Millennium, for which it is installing 250 systems. The Company now has active pilots with, among others, the IDF, Israel Electric Corp., Tnuva, Plasson, Hanson and the Regional Counsel Bnei Shimon, which also present potential for similar commercial agreements.

About two months ago, the Company made its first entry into the public transport sector, with the signing of a pilot agreement with Kavim, and expanded its business in the leasing market following the signing of a new collaboration agreement with Hertz, about five months after having signed a similar agreement with Eldan.

About SaverOne

SaverOne is a technology company traded on the Tel Aviv Stock Exchange. SaverOne was founded in 2014 to save lives, inspired by a media story about the impact of distracted driving due to cell phone use, a phenomenon which dramatically increases the number of deaths and injuries. The Company has developed a unique system which provides a solution to the problem of distracted driving due to cell phone use, including use of various apps while driving, which endangers the driver, his/her passengers, other drivers on the road and pedestrians. The Company’s innovative technology prevents driver distraction by blocking access to various apps on the device. The system does not require the driver’s cooperation and creates a quiet and safe driving environment, while the other passengers can continue using their phones normally. With a proven and patent-protected technology, the system is in the initial stages of commercialization. The Company has a professional and experienced technology and management team.

Contact:

Jonathan Eilat

[email protected]

 

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SOURCE SaverOne

LAS VEGAS, April 7, 2021 /PRNewswire/ — Wearable Health Solutions Inc. (OTC: WHSI) (Wearable Health Solutions or the Company), today announced continued progress on its new iHelp MAX Telehealth Ready and Emergency Device to be manufactured and distributed to its dealers and partnerships. In addition, the Lone Worker product development for the commercial markets is making solid progress.

The iHelpMAX Telehealth Ready product will have more advanced features, including Wi-Fi and Bluetooth capabilities, to recognize other local devices to register data to be used in monitoring a user’s health vitals and related services. The device will serve the baby boomers which is estimated at growing to 10,000 people per day and address the growing markets of Telehealth needs and services, thereby helping reduce healthcare insurance costs.

Our iHelp Lone Worker Products for commercial market use, applications and distribution, features a multi-function button for check-in and SOS alerts, ensuring employees can get help in the event their health or safety is at risk. This small, lightweight device is waterproof and durable enough for use indoors or outdoors.

About Us:

The Company manufacturers medical alarm devices that are used to summon help in the event of an emergency for users. The product is designed and marketed primarily to the elderly, physically disabled and individuals living alone.

Our Flagship product MediPendant® is a personal emergency alarm that is used to summon help in the event of an emergency at home. Currently approximately 60 % of all medical alarms sold in the USA are first generation technologies that require the user to speak and listen through a central base station unit. Medipendant® however offers a speaker in the pendant enabling the user to simply speak and listen directly through the pendant in the event of an emergency.

The Company is implementing a new product referenced as iHelp MAX. This device is a cellular medical alert system, blue tooth and WI-FI enabled, that operates on a 4G network. Operating capabilities commence on AT&T network (GSM-Global) with further capability on Verizon (CDMA-USA) as well.

The iHelp MAX device showcases new features, functionalities, fall detection and geo-fencing referencing the ability to pre-set an area and alert loved ones if the device user enters or leaves a pre-determined area. Regulatory approval for the device deployment has been received from FCC, CE and PTCRB.

Forward-Looking Statements

Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Wearable Health Solutions and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to (i) Wearable Health Solutions ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Wearable Health Solutions ability to maintain existing, and secure additional, contracts with users of its solutions; (iii) Wearable Health Solutions ability to successfully expand in existing markets and enter new markets; (iv) Wearable Health Solutions ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Wearable Health Solutions business; (viii) changes in government licensing and regulation that may adversely affect Wearable Health Solutions business; (ix) the risk that changes in consumer behavior could adversely affect Wearable Health Solutions business; (x) Wearable Health Solutions ability to protect its intellectual property; (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent quarterly report on filed by Wearable Health Solutions with the Securities and Exchange Commission. Wearable Health Solutions anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Wearable Health Solutions assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact: www.wearablehealthsolutions.com
2300 Yonge Street Suite
1600 Toronto ON M4P 1E4
Tel: 855 226 4827

 

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SOURCE Wearable Health Solutions Inc.

IRVINE, Calif., April 7, 2021 /PRNewswire/ — DecisionPoint Systems, Inc. (OTCQB: DPSI), today announced financial results for the fourth quarter and 2020.

Fourth Quarter 2020

• Sales for the fourth quarter of 2020 were $18.3 million, an increase of $6.2 million, or 50.7% from the fourth quarter of 2019.
• Net income for the fourth quarter of 2020 was $0.6 million, an increase of 8.3% from the fourth quarter of 2019, and earnings per diluted share for the fourth quarter of 2020 and 2019 were flat at $0.04 per diluted share.
• EBITDA increased 22.3% to $1.3 million for the fourth quarter of 2020 versus the fourth quarter of 2019.

Full Year 2020

• Sales for the full year 2020 were $63.4 million, an increase of $19.5 million, or 44.4%, from 2019.
• Net income for 2020 was $2.9 million, or $0.18 per diluted share, compared with net income of $0.9 million, or $0.06 per diluted share in 2019. For 2020, diluted earnings per share increased 200.0% versus 2019.
• EBITDA increased 92.9% to $5.1 million for 2020 versus 2019.

“2020 was a remarkable year for DecisionPoint Systems, said Steve Smith, chief executive officer. “Despite the pandemic, we grew the business to $63.4 million in 2020 and completed an acquisition during the fourth quarter of 2020 to help accelerate our geographic expansion into 2021 and beyond. This acquisition further solidifies DecisionPoint’s commitment to innovating, growing, and looking for investment opportunities that create shareholder value and make a difference for our customer’ partners and employees. DecisionPoint is committed to providing customers with the best solutions on the market that will create easy, end-to-end support for their entire global operations. Our goal is to continue bringing together the best people, applying the best processes, and combining the best products and services, so we continue to be a relevant and valued partner for our customers while preparing them to meet the demands of tomorrow’s tech-driven world. As we look ahead, we are confident our business will continue to thrive over the long-term given the progress we made over the last year and our continued and planned investments.”

Balance Sheet and Liquidity

Our cash and accounts receivable were $18.4 million at December 31, 2020, compared to $11.3 million at December 31, 2019. Cash provided by operations in 2020 was $4.2 million, as compared to $2.5 million in 2019.  Overall debt is lower by $1.1 million than it was at the beginning of the year.

About DecisionPoint Systems

DecisionPoint Systems Inc. delivers mobility-first managed service and integration solutions to healthcare, supply chain, and retail customers, enabling them to make better and faster decisions in the moments that matter—the decision points. Our mission is to help businesses consistently deliver on those moments—accelerating growth, improving worker productivity, and lowering risks and costs.

For more information about DecisionPoint Systems, Inc., visit www.decisionpt.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are based on management’s beliefs and assumptions and on information currently available to management. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by forward-looking statements. Forward-looking statements in this press release may include statements about our plans to obtain funding for our current and proposed operations and potential acquisition and expansion efforts; the ultimate impact of the COVID-19 pandemic, or any other health epidemic, on our business, our clientele or the global economy as a whole; debt obligations of the Company; our general history of operating losses; our ability to compete with companies producing products and services; the scope of protection we are able to establish and maintain for intellectual property rights covering our products and technology; the accuracy of our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; our ability to develop and maintain our corporate infrastructure, including our internal controls; our ability to develop innovative new products; and our financial performance. In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. We qualify all of our forward-looking statements by these cautionary statements. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.

Investor Relations Contact:

Carol Arakaki

[email protected]

 

 

 

 

 

Non-GAAP Financial Measure:

This press release includes information relating to EBITDA which the Securities and Exchange Commission has defined as a “non-GAAP financial measure.” EBITDA is defined as net income before interest expense, net, income tax expense, and depreciation and amortization (EBITDA). We believe EBITDA may provide investors with useful information of how our current primary operating results relate to our historical performance.  The non-GAAP financial measure provided is not meant to be considered as a substitute for GAAP financials. We caution investors that amounts presented in accordance with our definitions of EBITDA may not be comparable to similar measures disclosed by other companies, because not all companies calculate EBITDA in the same manner.

The following is a reconciliation of net income to EBITDA (unaudited and in thousands):

 

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SOURCE DecisionPoint Systems, Inc.

RESTON, Va., April 7, 2021 /PRNewswire/ — SOC Telemed, Inc. (Nasdaq: TLMD), the largest dedicated national provider of acute care telemedicine solutions, has once again earned The Joint Commission’s Gold Seal of Approval^® for Ambulatory Health Care Accreditation by demonstrating continuous compliance with its performance standards. The Gold Seal is a symbol of quality that reflects a healthcare organization’s commitment to providing safe and quality patient care.

SOC Telemed underwent a rigorous virtual review in March 2021. During the visit, the Joint Commission reviewer evaluated compliance with Ambulatory Health Care standards spanning several areas, including patient care and treatment, performance improvement, and medical staff credentialing. 

The Joint Commission’s standards are developed in consultation with healthcare experts and providers, measurement experts, and patients. They are informed by scientific literature and expert consensus to help healthcare organizations measure, assess, and improve performance. The surveyors also conducted interviews with members of the SOC Telemed medical practice and observed patient consultations.

“As a private accreditor, The Joint Commission surveys healthcare organizations to protect the public by identifying deficiencies in care and working with those organizations to correct them as quickly and sustainably as possible,” said Mark Pelletier, RN, MS, chief operating officer, Accreditation and Certification Operations, and chief nursing executive, The Joint Commission. “We commend SOC Telemed for its continuous quality improvement efforts in patient safety and quality of care.”

“SOC Telemed first received accreditation in 2006—the first telemedicine company to do so—and we have remained committed to ensuring the highest standards of quality care for our patients,” said John Kalix, CEO, SOC Telemed. “In addition, Access Physicians, who recently joined forces with SOC Telemed, also achieved accreditation from The Joint Commission in 2020, demonstrating the organization’s dedication to setting quality standards in telemedicine. We are very proud that our work as the leading national provider of acute care telemedicine solutions has once again been recognized with Accreditation by the Joint Commission.”

For more information, please visit The Joint Commission website.

SOC Telemed (SOC) is the leading national provider of acute telemedicine technology and solutions to hospitals, health systems, post-acute providers, physician networks, and value-based care organizations since 2004. Built on proven and scalable infrastructure as an enterprise-wide solution, SOC’s technology platform, Telemed IQ, rapidly deploys and seamlessly optimizes telemedicine programs across the continuum of care. SOC provides a supportive and dedicated partner presence, virtually delivering patient care through teleNeurology, telePsychiatry, teleCritical Care, telePulmonology, teleCardiology, teleInfectious Disease, teleNephrology, teleMaternal Fetal Medicine and other service lines, enabling healthcare organizations to build sustainable telemedicine programs across clinical specialties. SOC enables organizations to enrich their care models and touch more lives by supplying healthcare teams with industry-leading solutions that drive improved clinical care, patient outcomes, and organizational health. The company was the first provider of acute clinical telemedicine services to earn The Joint Commission’s Gold Seal of Approval and has maintained that accreditation every year since inception. For more information, visit www.soctelemed.com.

Media Relations:

Lauren Shankman

Trevelino/Keller
(404) 214-0722 ext. 121
[email protected].

Investor Relations:

Bob East or Jordan Kohnstam
Westwicke, an ICR company
[email protected]
(443) 213-0500.

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SOURCE SOC Telemed

RENO, Nev. and LAS VEGAS, April 7, 2021 /PRNewswire/ — Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the closing of the sale of MontBleu Resort Casino & Spa to Bally’s Corporation. The closing satisfies Caesars’ agreement with the Federal Trade Commission to divest the asset in connection with the Caesars-Eldorado merger, which closed in July 2020.

“I want to thank the Team Members of MontBleu for all of their hard work and dedication throughout the years with the Caesars organization, particularly during the COVID-19 pandemic,” said Tom Reeg, CEO of Caesars Entertainment, Inc. “We wish all of them continued success under Bally’s ownership.”

Macquarie Capital and Milbank LLP represented Caesars Entertainment on the transaction.       

About Caesars Entertainment, Inc. 
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe® and Eldorado® brand names. Caesars Entertainment offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond Caesars’ control and could materially affect actual results, performance, or achievements.

Although Caesars believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected.  Caesars cannot assure you that the assumptions upon which these statements are based will prove to have been correct. Important risk factors that may affect their respective business, results of operations and financial position are detailed from time to time in Caesars’ filings with the Securities and Exchange Commission. Caesars does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

 

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SOURCE Caesars Entertainment, Inc.

AMSTERDAM, April 7, 2021 /PRNewswire/ — A global workforce — fatigued by restrictions and safety concerns — is emerging in 2021 with a more optimistic and hopeful outlook for the year ahead, our latest Workmonitor research has revealed. Conducted in the first quarter of 2021, this semi-annual survey of more than 27,000 workers in 34 markets showed that workers around the world are ready to go back to their workplace and more than willing to receive the vaccine if required by their employer.

There is also a new optimism that additional job opportunities will emerge later in the year, contrasting with results from last year in which negative sentiments weighed heavily on most respondents around the world. Key findings include:

• 78% want to go back to the workplace at least partially if not full-time.
• 75% would be willing to get vaccinated if it’s required for their job.
• 54% think they will have more job opportunities this year.
• 52% say their experience with work during the pandemic has motivated them to stay with their employer for the long term.

a role for business in vaccination rollout
For organizations to return to a pre-pandemic state, most survey respondents believe their work environments need to also be much safer than they are now and an increase in vaccination rollout is seen by many as essential.

In fact, 53% of workers say they won’t feel safe in the workplace until others around them are vaccinated, and 51% prefer to work from home until the vaccine is widely distributed.

Our survey revealed that just a quarter of workers are required by their employer to be vaccinated, with the highest percentage located in Asia and the lowest in Southern Europe. However, an overwhelming majority (75%) of respondents say they would be willing to get vaccinated if required for their job and more than half (56%) believe they will have more job opportunities once vaccinated.  This indicates a strong role for business at a critical time in the global vaccination rollout.

strong desire to return to the workplace
Until a return to work is possible, feelings of isolation, the inability to strike a healthy work-life balance and the longing for personal connections are concerns cited by a majority of workers. Indeed, 52% mention missing in-person interaction with colleagues, and more than one-third of those 18 to 24 years old feel lonely — the highest percentage among all age groups.

These challenges have created a strong desire to return to the office (78%), however not necessarily in the same way as before the pandemic. 54% of respondents enjoy a hybrid work environment where they are in charge of choosing their workplace.

Anticipating what workers will need over the next months, pivoting with public health guidelines and planning for more reopenings will require employers to adapt quickly to ensure workers feel supported through the transition. The most useful action cited by over a quarter of respondents (27%) is that organizations need to strengthen their policies to help workers maintain a proper work-life balance.

optimism for the future
The data reveals that after a year of restrictions and lockdowns, the global workforce has grown accustomed to these conditions, and they are more hopeful about the months ahead. A majority (54%) responded that they anticipate a better jobs market; however, just as they have been adversely affected throughout the pandemic, women are generally less hopeful about the jobs market.

Although optimistic about future job opportunities, 52% of respondents say their experience with work during the pandemic has motivated them to stay with their employer for the long term. In fact, around 30% said the experience they’ve had with their employer during the past year has spurred them to be more productive.

“To help employers instill greater confidence around wellness and safety, C-suite and human capital leaders need to map what a post-pandemic work environment looks like — whether that means hybrid schedules to maintain distancing in the office, incentive programs to encourage widespread vaccination or more employee assistance programs offering a variety of support mechanisms. Even when most of the global workforce is inoculated, it will take time for the workforce to acclimate to so much change ahead.”  

—Marc-Etienne Julien, CEO, Randstad Canada & Managing Director, Global Talent

You can read more detailed insights in the full report which can be downloaded from: https://www.randstad.com/workforce-insights/global-hr-research/randstad-workmonitor/

about the randstad workmonitor
The Randstad Workmonitor was launched in 2003 and now covers 34 markets around the world. The study encompasses Europe, Asia Pacific and the Americas. The Randstad Workmonitor is published twice a year.

In addition to the rotating set of themed questions, the survey also addresses job satisfaction, captures the likelihood of an employee changing jobs within the next six months, and provides a comprehensive understanding of sentiments and trends in the job market.

The study is conducted online among employees aged 18 to 65, working a minimum of 24 hours a week in a paid job (not self-employed). Minimum sample size is 800 interviews per market. The Dynata panel is used for sampling purposes.

The first full survey of 2021 was conducted in 34 markets from February 15 to March 8, 2021.

about randstad
Randstad is the global leader in the HR services industry. We support people and organizations in realizing their true potential by combining the power of today’s technology with our passion for people. We call it Human Forward. In 2020, we helped nearly two million candidates find a meaningful job with more than 236,000 clients. Furthermore, we trained close to 350,000 people. Randstad is active in 38 markets around the world and has a top-three position in almost half of these. In 2020, Randstad had on average 34,680 corporate employees and generated revenue of € 20.7 billion. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad N.V. is listed on the NYSE Euronext (symbol: RAND.AS). For more information, see www.randstad.com

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/randstads-workmonitor-2021-first-edition-finds-more-job-optimism-and-role-for-business-in-vaccination-rollout-301263779.html

SOURCE Randstad

RESTON, Va., April 7, 2021 /PRNewswire/ — Leidos (NYSE:LDOS), a FORTUNE^® 500 science and technology leader, announced today that it has completed delivery of a cutting-edge autonomous vessel to the U.S. Navy, known as Seahawk. The Office of Naval Research awarded Leidos the cost-plus-fixed fee contract to build the vessel, with an approximate value of $35.5 million, in December 2017. Work was principally performed on the Mississippi Gulf Coast.

“As technology continues to accelerate and adversaries become more sophisticated, our customers must constantly evolve,” said retired Rear Adm. Nevin Carr, Leidos Vice President and Navy strategic account executive. “We are honored to provide this latest technological advancement to America’s sailors who fight to keep the seas open and free.”

Seahawk is a long-range, high-availability autonomous surface vessel with a composite trimaran hull. This medium-displacement unmanned surface vehicle (MDUSV) will enhance capabilities for naval operations. Like Leidos’ MDUSV Sea Hunter, Seahawk is substantially larger than other U.S. Navy USVs and has significantly increased capabilities compared to smaller USVs in terms of range, seakeeping and payload capacity. Seahawk is designed to operate with little human involvement, thus providing a forward-deployed and rapid-response asset in the global maritime surveillance network.

“We didn’t just put an autonomous navigation system onto an existing ship,” said Dan Brintzinghoffer, Leidos Vice President for Maritime Solutions. “Every mechanical and electrical system on Seahawk has unique configurations designed to run for months at a time without maintenance or a crew.”

The trimaran’s displacement (fully loaded) is 145 long tons. This includes 14,000 gallons of fuel that can power the twin diesel engines for a substantial length of time. Seahawk’s upgraded design follows an evaluation of over 300 lessons learned from Sea Hunter. These upgrades were based on joint evaluations by Leidos and the Navy and include upgraded electrical systems, a payload mounting system and test operator control station.

Seahawk will join SURFDEVRON in San Diego, California.

About Leidos

Leidos is a Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company’s 39,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021. For more information, visit www.Leidos.com.

Media contact:
Melissa Lee Dueñas
571.526.6850
[email protected]

View original content to download multimedia:http://www.prnewswire.com/news-releases/leidos-completes-delivery-of-seahawk-vessel-to-us-navy-301263568.html

SOURCE Leidos Holdings, Inc.

Intact details its initiatives to support society, deliver second to none customer service and continue its outperformance

TORONTO, April 7, 2021 /CNW/ – Intact Financial Corporation (TSX: IFC) announced today that its corporate annual reports –  including the 2020 Annual Report, 2020 Social Impact Report, 2021 Management Proxy Circular and 2020 Annual Information Form – are now available at www.intactfc.com in the Investors section.

“Our outperformance and financial strength underpinned our ability to provide significant relief to customers who needed our help, and to take on our biggest acquisition to date – RSA Insurance Group PLC – a company that we have admired for more than a decade,” said Charles Brindamour, Chief Executive Officer of Intact Financial Corporation.

The theme of the reports – Make it Intact – reflects how the company’s purpose to help people, business and society prosper in good times and be resilient in bad times mattered more than ever in 2020.  

“As we embark upon 2021, I know that we have the best teams, a business that is tremendously resilient, and strong momentum to surpass our financial objectives. We’re ready to continue delivering strong results and to play a role in rebuilding our communities and the economy. We are energized by the possibilities ahead,” Charles Brindamour stated.

Read Charles Brindamour’s full message here.

A recap of the year will be provided during the 2021 Annual and Special Meeting of Shareholders, which is once again being held as a virtual-only event this year in light of the continuing public health impact of the COVID-19 pandemic. The virtual meeting will take place at 1:00 p.m. ET on Wednesday, May 12, 2021 at https://web.lumiagm.com/439189203. Full details are available at https://www.intactfc.com/agm2021/ .

IFC’s 2021 Management Proxy Circular, 2020 Annual Information Form and 2020 Social Impact Report are also all available online.

About Intact Financial Corporation

Intact Financial Corporation is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with over $12 billion in total annual premiums. The Company has over 16,000 employees who serve more than five million personal, business and public sector clients through offices in Canada and the U.S.

In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. Frank Cowan Company, a leading MGA, distributes public entity insurance programs including risk and claims management services in Canada.

In the U.S., Intact Insurance Specialty Solutions provides a range of specialty insurance products and services through independent agencies, regional and national brokers, wholesalers and managing general agencies. Products are underwritten by the insurance company subsidiaries of Intact Insurance Group USA, LLC.

SOURCE Intact Financial Corporation