Gen2 Technologies’ Iris Media Network Signs Up Colin Garrett Racing

PR Newswire

SPARKS, Nev., April 14, 2021 /PRNewswire/ — Gen2 Technologies Inc. (the “Company”) (OTC: MNIZ) is pleased to announce that Colin Garrett Racing has chosen to participate in the rollout of the Iris Media Network, the latest high-profile entity to do so.

Management is pleased to welcome this newest member onboard, and looks to continue signing-up more content providers across various sports such as (not exclusive to) racing, soccer, football and basketball.

Pending the outcome of several material operational development leads, the company has chosen to delay its planned update call scheduled for this week. A new date and time will be announced when appropriate.

For further queries, please feel free to email the Company at: [email protected]

Gen2 Technologies Inc. (OTC PINK: MNIZ), aims to be a leader in the next phase of the digital age. Leveraging a portfolio of Intellectual Property (IP) covering camera, radio, distribution and blockchain technology, Gen2 Technologies will offer a superior user experience addressing a number of use cases across consumer, corporate and governmental end-markets. Our innovative first-mover Iris Media Network, employing our miniature body-worn Iris cameras, is positioned to disrupt the market for sports content and social media. Our IP focused on eKYC and best of breed aim / click / capture of still and video imagery directly into blockchain-enabled native format aims to address the high-potential of use cases such as digital COVID vaccination cards and superior NFT creation and management platforms.

The foregoing contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are intended to be covered by the safe harbor provisions of the federal securities laws. Forward-looking statements often contain words such as “will,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “is targeting,” “may,” “should,” ”poised,” and other similar words or expressions. Forward-looking statements are made based upon management’s current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those described in any of our other filings with the SEC. In addition, such statements could be affected by risks and uncertainties related to: (i) commercialization of our newly-acquired helmet camera, (ii) continuing development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Any future public statements or disclosures modifying any of the forward-looking statements contained in or accompanying this news release, will be deemed to supersede such statements in this news release. Information on Gen2 Technologies Inc.’s website, http://www.brkgen2.com does not constitute a part of this release.

Contact:
[email protected] 
brkgen2.com 
(440) 597-6150

 

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SOURCE Gen2 Technologies Inc.

Everest Medicines Announces that the US FDA has Granted Licensing Partner Gilead Sciences, Inc. Accelerated Approval of Trodelvy® for the Treatment of Metastatic Urothelial Cancer

Almost 1/3 of Patients in Pivotal TROPHY Study Responded to Treatment

PR Newswire

SHANGHAI, April 14, 2021 /PRNewswire/ — Everest Medicines (HKEX 1952.HK), a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Greater China and other parts of Asia, announced today that the U.S. Food and Drug Administration (FDA) has granted accelerated approval of Trodelvy® (sacituzumab govitecan-hziy) to Gilead Sciences, Inc. (Nasdaq: GILD), a licensing partner of Everest Medicines, for use in adult patients with locally advanced or metastatic urothelial cancer (UC) who have previously received a platinum-containing chemotherapy and either a programmed death receptor-1 (PD-1) or a programmed death-ligand 1 (PD-L1) inhibitor.

The accelerated approval was based on data from the Phase 2, single-arm TROPHY study of 112 patients, which found that Trodelvy®achieved a 27.7% overall response rate with a 7.2-month median duration of response. Continued approval for this indication is contingent upon verification and description of clinical benefit in a confirmatory trial.

Under a licensing agreement with Gilead Sciences, Inc., Everest Medicines has exclusive rights to develop, register, and commercialize sacituzumab govitecan-hziy for all cancer indications in Greater China, South Korea, and certain Southeast Asian countries.

“This accelerated approval of Trodelvy® for metastatic UC, a devastating disease with previously limited treatment options, marks an exciting milestone for patients in the U.S. and around the world,” said Kerry Blanchard, MD, PhD, CEO of Everest Medicines. “We applaud Gilead Sciences for its extensive and encouraging datasets as well as its comprehensive and ongoing global regulatory strategy in this important disease area. At Everest Medicines, we look forward to continuing to advance late-stage development of Trodelvy® for patients in Greater China and other parts of Asia as part of the collective effort to make this innovative treatment available to patients around the world.”

In December 2020, the Center for Drug Evaluation (CDE) of China National Medical Products Administration (NMPA) approved a Clinical Trial Application (CTA) for sacituzumab govitecan-hziy for the treatment of patients with metastatic UC.  Everest Medicines plans to enroll patients in China as part of global Phase 3 TROPiCS-04 confirmatory trial, which is underway and is also intended to support global registrations.

About Urothelial Cancer

Urothelial cancer is a type of cancer that begins in urothelial cells that line the urethra, bladder, ureters, renal pelvis, and some other organs that make up the urinary system. According to Frost & Sullivan, in 2019, the incidence of urothelial cancer reached 76,400 in China.  

About
Trodelvy® (
sacituzumab
govitecan-hziy)

Trodelvy® (sacituzumab govitecan-hziy) is a first-in-class, antibody-drug conjugate (ADC) directed at TROP-2, a membrane antigen that is over-expressed in many common epithelial cancers.

In addition to its indication in locally advanced or metastatic UC, Trodelvy® is approved in the U.S. to treat adult patients with unresectable locally advanced or metastatic triple-negative breast cancer (TNBC) who have received two or more prior systemic therapies, at least one of them for metastatic disease.

About Everest Medicines

Everest Medicines is a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Greater China and other Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record of high-quality clinical development, regulatory affairs, CMC, business development and operations both in China and with leading global pharmaceutical companies. Everest Medicines has built a portfolio of eight potentially global first-in-class or best-in-class molecules, many of which are in late stage clinical development. The Company’s therapeutic areas of interest include oncology, autoimmune disorders, cardio-renal diseases and infectious diseases. For more information, please visit its website at www.everestmedicines.com

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SOURCE Everest Medicines

Data Center Cooling Pioneer LiquidStack Announces Board of Directors

Industry veteran Wahid Nawabi, president and CEO of AeroVironment, will serve as Chairman to provide strategic counsel along with other prominent board members

BOSTON, April 14, 2021 (GLOBE NEWSWIRE) — LiquidStack, the world’s largest liquid cooling company, today announced the formation of its board of directors. Wahid Nawabi, president and CEO of AeroVironment Inc., will serve as Chairman of the Board and Joe Capes, co-founder and CEO of LiquidStack, will serve as Executive Director. Dr. Sunlai Chang, president of Wiwynn, Stijn Ehren, international tax counsel at the Bitfury Group, and Valery Vavilov, co-founder and CEO of Bitfury, will serve as non-executive Directors, effective immediately.

The new board members are industry veterans spanning high-performance computing, Blockchain technology, data center infrastructure, information technology, manufacturing, tax, finance and government relations. Together, they will provide strategic counsel on LiquidStack’s business, growth and global potential. The LiquidStack board is composed of five members, four of whom are independent.

Wahid Nawabi will bring his extensive experience in launching new products to bear for LiquidStack as the company looks to expand in data centers, edge and high performance computing across the globe.  At AeroVironment, Wahid led the integration of the company’s engineering, operations, supply chain and quality functional organizations into a single corporate shared services model – driving significant improvements in customer satisfaction and operational efficiency. During his tenure at American Power Conversion Corporation (APC), Wahid played a key role in launching the company’s ambitious and successful strategy of entering the data center critical power and cooling infrastructure business. He helped grow the company from $50 million to more than $2.4 billion in annual revenue, which resulted in APC’s eventual sale to Schneider Electric for $6.1 billion (the largest acquisition in the history of Schneider Electric). As Chairman of the Board, Wahid will support LiquidStack’s global growth plans and ambitions.

“After a 16-year career in power and cooling, I am confident that the future of the data center industry is 2-phase immersion cooling. I could not be more excited to serve as Chairman of the Board for LiquidStack, the original pioneer of immersion cooling technology,” said Wahid Nawabi, president and CEO of AeroVironment.

Dr. Sunlai Chang has more than two decades of product development experience from data center IT infrastructure, automation, defense, semiconductor equipment and IT software industries. As president and board member of Wiwynn, LiquidStack’s Series A investor, Sunlai will work closely with the LiquidStack team to deliver state of the art cooling equipment for data centers. He will flex his experience with  product development, product architecture, supply chain, manufacturing, quality engineering and business automation.

“We envision the increasing adoption of the two-phase immersion cooling technology in data centers,” said Dr. Sunlai Chang, president of Wiwynn. ”Following our Series A investment in LiquidStack, we look forward to deepening and strengthening our partnership. It’s my pleasure to join the board to work with LiquidStack’s seasoned leadership team for rapid growth and expansion.”

Joe Capes has deep roots in the cooling industry. Prior to his current role, Joe was Global Director of Cooling Offer Development for Schneider Electric’s Cloud & Service Provider segment, providing tailored solutions for the world’s largest data center owners and operators. During his 19 years with the company, he globalized Schneider Electric’s data center cooling business in Europe, Asia and Latin America which helped lead to the company’s success as a top manufacturer of mission-critical cooling equipment.  As Executive Director of the board, Joe will lead LiquidStack to scale next generation cooling for compute-intensive applications and the infrastructure supporting them.

“We are pleased to welcome Wahid, Sunlai, Stijn and Valery to the LiquidStack board,” said Joe Capes, co-founder and CEO of LiquidStack. “As Board Chairman, Wahid brings significant experience in manufacturing, supply chain, rapid revenue growth, public offerings, and mergers and acquisitions that will help propel the company forward.”

Stijn Ehren will bring his tax law expertise to the LiquidStack board. Stijn started his career in 1994 at Arthur Andersen in Amsterdam as an international tax advisor, before serving as tax manager for Cisco Systems in Amsterdam and Singapore. Since then, he has led international tax functions for established pharmaceutical companies, including Akzo Nobel and Merck. Today, he serves as international tax counsel at the Bitfury Group.

Valery Vavilov has long been a proponent of liquid cooling, deploying the first and largest immersion-cooled data centers using LiquidStack’s 2-phase immersion technology. Bitfury incubated LiquidStack for five years, deploying hyperscale volumes of product with a laser focus on liquid cooling for Blockchain technology applications. Now that LiquidStack has launched as an independent company, it will continue to have a close partnership with Bitfury. Through cross-licensing arrangement, the companies are already collaborating on new liquid cooling projects related to crypto-mining and artificial intelligence.

For more information on the LiquidStack board of directors, please visit www.liquidstack.com/about-us.

About LiquidStack

LiquidStack has the world’s largest footprint of liquid cooling for data center, edge and high-performance computing. LiquidStack’s 2-phase immersion liquid cooling is the only proven, highly scalable, environmentally safe and sustainable solution to meet the growing thermal challenges of cloud, enterprise, 5G and edge computing applications. Since pioneering 2-phase immersion cooling in 2012, LiquidStack has been deploying advanced cooling solutions across the world’s most demanding compute environments, actively reducing energy and water use dependencies on a massive scale. Today, LiquidStack provides thermal management solutions to many of the world’s largest cloud services, semiconductor, manufacturing and IT hardware providers. To learn more, please visit www.liquidstack.com.

Media Contact:

Kelsey Dielman
Scratch Marketing + Media for LiquidStack
[email protected]



Aquavit to Introduce A New Botulinum Toxin (DTX-021)

PR Newswire

NEW YORK, April 14, 2021 /PRNewswire/ — Aquavit Holdings LLC announced today that it acquired an exclusive license to register, market and commercialize a botulinum toxin (DTX-021) in the United States and Canada.

For several years, Aquavit has been investing in its proprietary delivery technologies and related intellectual property for botulinum toxin and recently proved its efficacy and safety through a clinical study. It also compared and evaluated optimal dosing with three FDA approved botulinum toxins with varying injection depths and widths.

According to a published article by American Society for Dermatologic Surgery (ASDS), the licensed asset DTX-021 showed equivalency on glabellar lines and improvement on periorbital rhytids compared to onabotulinumtoxinA (BOTOX®) in a multicenter, double-blind, randomized, parallel, active-controlled phase III clinical trial. There were no adverse events.

The manufacturing partner is Huons Bio Pharma (“Huons”),  a spin-off from the publicly traded South Korean corporation Huons Global Co. Ltd. [KOSDAQ: 084110]

With this deal, Huons will receive sizable milestone payments and royalties in addition to an upfront payment, and become the exclusive supplier of Aquavit’s botulinum toxin. Aquavit plans to initiate the registration process by filing an IND with the FDA shortly.

“We are thrilled to partner with Huons for this venture. Together, we will introduce the most innovative botulinum toxin product, and uplift and modernize the treatment paradigm,” said Sobin Chang, CEO of Aquavit.

According to The Aesthetic Society and the Global Market Insights, botulinum toxin has been the #1 non-surgical aesthetic procedure since 1999 and is still growing rapidly. The North America botulinum toxin market alone was valued at $3.19B in 2019. With a projected CAGR of 7-9%, the global botulinum toxin market in 2026 is expected to be $8.9B

“Aquavit’s proven track record of developing and launching a global brand such as AQUAGOLD®, combined with its knowledge of the botulinum toxin market, and its network of over 20,000 physicians worldwide who use botulinum toxin products, can make a significant impact in the fast growing market with only 4 companies with an FDA approval today,” said Marc Toulemonde, Aquavit’s board member and an industry leader in top beauty and aesthetic brands.

About Aquavit
Aquavit is a high-tech pharmaceutical company that provides a comprehensive range of innovative pharmaceutical, biotech and medical device technologies. Aquavit focuses on personalized medicine to improve patients’ health, maximize the efficiency of our medical community, and support the pharmacoeconomics of payers.

About Huons
Huons Bio Pharma is a recent spin-off of the publicly traded South Korean corporation Huons Global Co. Ltd. [KOSDAQ: 084110]. Huons Global focuses “on supporting the growth of its affiliates’ original businesses, managing each company’s business portfolio and enhancing brand value”. The company was founded in 1965 and is headquartered in Seongnam-si, South Korea. Huons Bio Pharma will promote the group’s biopharmaceutical business, such as botulinum toxin, and develop new drugs.

 

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SOURCE Aquavit Pharmaceuticals, Inc.

Logansport Financial Corp. Reports Net Earnings for the Quarter Ended March 31, 2021

LOGANSPORT, Ind., April 14, 2021 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCBB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended March 31, 2021 of $934,000 or $1.52 per diluted share, compared to earnings in 2020 of $613,000 or $1.00 per diluted share. The Dividends paid to shareholders were $0.40 per share in the first quarter of 2021.

Total loans were $137.7 million on March 31, 2021 compared to $135.0 million on December 31, 2020. Deposits were $213.0 million on March 31, 2021 compared to $189.5 million on December 31, 2020. Total assets on March 31, 2021 were $243.0 million compared to $220.4 million on December 31, 2020. Total Shareholders’ Equity on March 31, 2021 was $28.5 million compared to $25.1 million on March 31, 2020.

The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involves a number of risks and uncertainties. A number of factors could cause results to differ materially from the objectives and estimates expressed in such forward-looking statements. These factors include, but are not limited to, changes in the financial condition of issuers of the Company’s investments and borrowers, changes in economic conditions in the Company’s market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company’s market area, changes in the position of banking regulators on the adequacy of our allowance for loan losses, and competition, all or some of which could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These factors should be considered in evaluation of any forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

LOGANSPORT FINANCIAL CORP.

SELECTED FINANCIAL DATA

(Dollars in thousands, except for share data)

             03/31/21


  12/31/20
                 
Total assets           $243,020     $220,365
                 
Loans receivable, net         137,827     134,996
Allowance for loan losses       1,946     1,872
Cash and cash equivalents       37,510     17,430
Securities available for sale       29,402     29,388
Investment in Logansport Investments, Inc.   31,724     29,739
Federal Home Loan Bank stock       1,247     731
Deposits           213,052     189,476
Borrowings              
Shareholders’ equity         28,462     28,451
Shares O/S end of period       612,887     611,863
Nonperforming loans       165     451
Real estate owned         233    

           Three months ended 03/31
      2021     2020
         
Interest income      
(including Logansport Investments, Inc.)     $2,111     $2,035
Interest expense   151     311
Net interest income     1,782     1,724
Provision for loan losses     64    
Net interest income after provision     1,896     1,724
Gain (Loss) on sale of investments        
Gain on sale of loans     440     51
Gain (Loss) on sale of REO        
Total other income     282     214
General, admin. & other expense     1,478     1,265
Earnings before income taxes     1,140     724
Income tax expense     206     111
Net earnings   $934     $613
Basic earnings per share     $1.52     $1.00
Diluted earnings per share     $1.52     $1.00
Weighted avg. shares o/s-diluted     612,887     611,863

Contact: Chad Higgins
Chief Financial Officer
Phone-574-722-3855
Fax-574-722-3857



Darling Ingredients’ EnviroFlight Brand Announces New R&D and Corporate Center to be Based in North Carolina

PR Newswire

IRVING, Texas, April 14, 2021 /PRNewswire/ — EnviroFlight, a wholly owned division of Darling Ingredients Inc. (NYSE: DAR), announced the development of a new R&D and Corporate Center in Apex, North Carolina. This area of North Carolina has a strong focus on agriculture technology and agriculture research, and is an ideal location to meet the needs of a growing regenerative agriculture business conducting highly technical research on black soldier flies and their larvae. Groundbreaking on the new facility starts April 2021, and EnviroFlight expects to be in the facility in early 2022.

This new R&D facility will allow for further emphasis to be placed on target research areas, including expanding the knowledge base for alternative uses of black soldier fly larvae (BSFL) in animal health, animal nutrition, cosmetics, and other product development. EnviroFlight is currently the only company to produce BSFL on a commercial scale in the United States and has its first manufacturing plant located in Maysville, Kentucky. This innovative and responsible approach has considerable potential within the sizable global animal feed industry as it will provide an environmentally friendly, sustainable source of high-value nutrients.

Liz Koutsos, President of EnviroFlight, said, “Research and development is a core focus area for EnviroFlight, with our research team and dedicated engineers focused on all aspects of insect biology and production including genetics, immunology, animal nutrition, and innovative engineering solutions.  As part of our growth plan, we are excited to invest in a new R&D and Corporate Center in Apex NC, and join the robust Triangle Region AgTech community. This new facility will allow us to continue to develop technology that leverages the potential of this amazing insect and facilitate our growth in the alternative protein industry.”

About EnviroFlight
EnviroFlight is a leader in sustainable insect ingredients designed for animal and plant nutrition, aiming to drive transformative change in the global food supply. It is the leading developer of proprietary technologies which enable the rearing of black soldier fly larvae in a scalable manner. EnviroFlight’s mission is to use regionally available, low-value materials, emphasizing production of nutrients in a socially responsible way and reducing the environmental and financial costs to our food supply.  For more detail about EnviroFlight, visit www.EnviroFlight.net.

About Darling
Darling Ingredients Inc. (NYSE: DAR) is one of the world’s leading producers of organic ingredients, producing a wide array of sustainable protein and fat products while being one of the largest producers of renewable clean energy. With operations on five continents, Darling collects waste streams from the agri-food industry, repurposing into specialty ingredients, such as hydrolyzed collagen, edible and feed-grade fats, animal proteins and meals, plasma, pet food ingredients, fuel feedstocks, and green bioenergy. The Company sells its products around the globe and works to strengthen our promise for a better tomorrow, creating product applications for health, nutrients and bioenergy while optimizing our services to the food chain. Darling is a 50% joint partner in Diamond Green Diesel (DGD), North America’s largest renewable diesel manufacturer, currently producing approximately 290 million gallons of renewable diesel annually which products reduce Green House Gas (GHG) emissions by up to 85% compared to fossil fuels. For additional information, visit the Company’s website at http://www.darlingii.com. For more information on Darling’s ESG efforts, visit http://www.darlingii.com/csr.

Safe Harbor Statement
Some of the statements made in this press release are forward-looking statements. These forward-looking statements are based upon our current expectations and projections about future events and generally relate to our plans, objectives and expectations for the development of our business. Although management believes that the plans and objectives reflected in or suggested by these forward-looking statements are reasonable, all forward-looking statements involve risks and uncertainties and actual future results may be materially different from the plans, objectives and expectations expressed in this press release.

For more information:

Carrie Kuball, VP Sales and Marketing, Email: [email protected] Tel: +651.503.2983

Investor Relations:

Jim Stark, VP Investor Relations, Email: [email protected]  Tel: +972-281-4823

 

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SOURCE Darling Ingredients Inc.

Cosmos Holdings Launches Proprietary King Eros and Queen Venus Supplements for Enhanced Libido

King Eros supplement formula developed to improve sexual health and men’s libido

Queens Venus is a complete nutritional supplement for women designed to increase energy and libido

CHICAGO, April 14, 2021 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (“the Company”) (OTCQX: COSM), a vertically integrated, international pharmaceutical company with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and an extensive, established EU distribution network, announced today that it has launched King Eros, a complete food supplement designed for men with carefully selected natural botanical extracts, amino-acids, vitamins and minerals, as well as Queen Venus, a complete nutritional supplement designed for women with carefully selected herbal extracts, vitamins, minerals, trace elements and amino acids.

Both products are initially being placed in approximately 1,700 pharmacies across Greece, as well as in Holland & Barrett stores in Cyprus. The Company expects to have the products placed in 1,500 more pharmacies by the end of the year, with plans to expand to the UK, Germany, Canada and China in the near-term.

King Eros and Queen Venus are the most recent offerings in the Sky Premium Life line of luxury nutritional supplements. Both products are made with the highest quality raw materials and to the highest possible standards. Manufacturing is performed to strict pharmaceutical standards and good manufacturing processes (GMP) protocols, similar to FDA regulations in the USA. The supplements were formulated, designed and developed entirely by the Cosmos Holdings research and development team.

“We are extremely excited to launch these new product lines, following extensive work by our R&D team to develop these first-in-class products designed to enhance energy levels, enhance libido and regulate hormonal activity in all genders,” commented, Greg Siokas, Chief Executive Officer of Cosmos Holdings. “These specific product lines were carefully selected based on our market research and clear demand for high quality sexual health and wellness products. Our luxury line of supplements contain unique formulations, include the highest quality ingredients and are designed to promote overall health and well-being. Through our established European distribution network, with over 160 pharmaceutical wholesale distributors in Europe’s largest markets, Sky Premium Life products are available across Europe. These markets have historically been very responsive to our products and we anticipate a similar, if not greater, uptake with our King Eros and Queen Venus supplements. We are committed to expanding our product line and look forward to leveraging our robust global distribution network to enter additional markets such as China and Canada.”

About Cosmos Holdings, Inc.

Cosmos Holdings Inc., is an international pharmaceutical company, with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and medical devices and an extensive, established EU distribution network. The Company identifies, acquires, develops and commercializes products that improve patients’ lives and outcomes and has an extensive network of clients in Germany, United Kingdom, United Arab Emirates, Denmark, Italy, France, Singapore, Ireland, Sweden, Poland, Netherlands, and Greece. Cosmos Holdings has offices and distribution centers in Thessaloniki, Greece, Athens, Greece and Harlow, UK. More information is available at www.cosmosholdingsinc.com and www.skypremiumlife.com.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain 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. Statements preceded by, followed by, or that otherwise, include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could”, are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed, herein for a variety of reasons that are outside the control of the Company, including, but not limited to, the Company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the Company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers, are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the Company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The Company disclaims any intention or obligation to update, or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:

Crescendo Communications, LLC
Tel: 212-671-1020
Email: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/831627bd-629f-4d35-832e-00750139188d



AT&T Makes $2 Billion, 3-Year Commitment to Help Bridge the Digital Divide

Through low-cost broadband offers, participation in the Emergency Broadband Benefit (EBB), and community investment – AT&T to bring robust broadband connectivity to more Americans

PR Newswire

DALLAS, April 14, 2021 /PRNewswire/ —

What’s the news? 

Today, AT&T announced it will invest $2 billion over the next 3 years to help address the digital divide. 

This renewed commitment to the communities we serve combines AT&T’s low-cost broadband service offerings with community investment. And it builds on the company’s contribution of $1 billion over the last 3 years toward helping the nation’s most vulnerable communities.

We’re dedicated to doing our part to bring affordability, educational resources, and economic opportunity to the millions of Americans who don’t have broadband connectivity today.

“We believe that broadband connectivity is essential for all Americans,” said John Stankey, CEO, AT&T. “Our broadband networks rose to the challenge of the pandemic in part due to policies that promoted private sector investment in multiple technologies and networks. AT&T is investing in and expanding the reach of our broadband networks while also advocating for effective and sustainable public policies that help close this country’s digital divide.”

How will we do this?

Expanding affordable broadband through AT&T’s low-cost offers and the Emergency Broadband Benefit program administered by the FCC

  • Education Offers: We continue to offer discounted wireless solutions to more than 135,000 public and private K-12 schools, colleges, and universities. These offers help keep students and teachers connected in a 1:1 learning model to assist in transforming education beyond when schools reopen. High-speed internet should enable new learning opportunities, not be the barrier to them. That’s why we’ve stepped up our support over the last year to address education inequality for the almost 17 million students, predominately children of color in low-income and rural households, who don’t have internet connectivity.
  • Access from AT&T: Introduced 5 years ago, this AT&T-funded program makes the internet more affordable for customers by providing qualifying households with wireline internet service at $10 or less per month. This voluntary offer from AT&T has no contract or installation fee. Plus, it includes in-home Wi-Fi at no additional cost. We are continuing to waive data overages for these customers, and we’re keeping the expanded eligibility to qualifying households and those participating in the National School Lunch Program and Head Start. Hundreds of thousands of Americans enjoy Access from AT&T, and we aim to build upon this voluntary program, partnering with government policymakers to ensure sustainable funding to keep broadband options affordable for qualifying households.
  • Emergency Broadband Benefit (EBB): In another move to make the internet more affordable for more people, eligible customers will be able to temporarily reduce their monthly broadband costs by taking advantage of the Federal Emergency Broadband Benefit (EBB). This government program administered by the FCC will allow more than 30 million eligible1 households to receive an additional subsidy of up to $50 a month. Those on Tribal lands are eligible for up to $75 per month. The monthly cost of broadband – after applying the Emergency Broadband Benefit – can fall to as low as $0 a month.2

The EBB can be applied to eligible home internet services like Access from AT&T or AT&T Internet, available within our 21-state wireline footprint. Or it can be applied toward eligible postpaid or prepaid wireless plans at AT&T, AT&T PREPAID and Cricket Wireless, which are available in all 50 states.

Once customers verify that they are eligible, we’ll apply the benefit to their service until the EBB ends. The uniform program start date is pending an FCC announcement.

“We tip our hat to Acting FCC Chairwoman Jessica Rosenworcel for her leadership in making the Emergency Broadband Benefit available to more than 30 million households,” Stankey said. “The EBB is a great first step in addressing affordability in the short term. We continue to encourage Congress to work on more permanent solutions with sustainable funding so that all Americans can have access to affordable broadband.”

Last week, AT&T joined nearly 50 advocacy organizations, companies, and non-profit groups setting out the guiding principles for Congress and the Biden Administration as it debates the specifics for the American Jobs Plan. We urged policy makers to enact sustainable, effective broadband policies that have proven to build the most resilient broadband networks, create jobs and empower opportunities for all Americans.

“The COVID-19 pandemic has laid bare the broadband challenges we have been fighting to resolve for years,” said Marc Morial, President & CEO, National Urban League. “We applaud AT&T’s recent efforts to ensure that all people – and especially historically unserved and underserved communities — can access affordable, reliable broadband internet.”


Will Townsend, senior analyst with Moor Insights & Strategy
, added: “The digital divide in America is real and the challenges are being magnified during the pandemic. Many have to scramble to find Wi-Fi hotspots to support critical activities such as telemedicine sessions and distance learning.  I applaud AT&T’s efforts to bridge the connectivity gap with incremental investments and subscriber subsidies, as well as no-cost educational content through its WarnerMedia division.”  


Linda Ng, National President, OCA-Asian Pacific American Advocates,
 said: “As we work to remedy existing gaps in internet access and overcome the challenges associated with connecting every single American to broadband service, we celebrate the efforts of AT&T and others working hard to help close the digital divide. This kind of sustained industry engagement will be indispensable for getting families, students, educators, and others in communities with the most urgent need online.”

Introducing AT&T Connected Learning

According to a recent Morning Consult survey, more than 70% of parents and teachers think the traditional classroom learning environment will rely more heavily on technology after the pandemic. Additionally, 80% say their kids would be more interested in learning tools that include popular entertainment.

AT&T Connected Learning is our multi-year commitment to help stem the tide of learning loss, narrow the homework gap, and create compelling educational content. The initiative builds on our previous investments and long-standing commitment to education. It includes multiple solutions to connect today’s learners with the skills, resources, and opportunities for success in school and in life.

Together with WarnerMedia, we’re developing a digital learning platform that will deliver high quality educational content and curriculum everywhere today’s connected students learn – in the classroom, at home, and in the community. This digital resource will provide:

  • Exclusive educational content from WarnerMedia properties and talent.
  • Learning tools from leading education groups to help students and families navigate distance learning and improve academic success. The platform will also provide resources to support socio-emotional learning and critical thinking skills.

In collaboration with our employees and local organizations, we’re launching  20 AT&T Connected Learning Centers in 2021. These Connected Learning Centers will be in traditionally underserved neighborhoods where residents face barriers to connectivity. 

  • To facilitate digital learning at the centers, we’ll provide high-speed AT&T Fiber internet, Wi-Fi and ensure the centers have the resources for devices like laptops and tablets. In addition, the centers will have access to WarnerMedia content. We’ll also provide access to virtual learning tools from collaborators like Khan Academy.
  • Students will have opportunities to be mentored and tutored through our employee-driven AT&T Believes volunteerism initiative. The resources that will be available at the centers will allow students to complete assignments and access digital learning tools content with ease. These centers will help reach more students from historically under-resourced communities and provide them with the access, tools, and mentoring they need to succeed. 

Together with Public Library Association (PLA), a division of the American Library Association, we will offer a specially curated collection of digital literacy courses to help parents and families build the skills and confidence they need to help their child navigate distance learning and participate effectively and safely in today’s digital world. Courses will be available virtually for everyone and offered in-person at our Connected Learning Centers and public libraries and as part of PLA’s nationwide digital literacy initiative.


1Eligibility determined by the National Lifeline Eligiblity Verifier (National Verifier), managed by the Universal Service Administrative Company (USAC).  For more information on eligibility criteria for the EBB visit getemergencybroadband.org.  


2Additional fees and taxes may apply.

*About AT&T Communications

We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we @ATT innovate to improve lives. AT&T Communications is part of AT&T Inc. (NYSE: T). For more information, please visit us at att.com.

 

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SOURCE AT&T Communications

CER analysis shows the U.S. continues to be major supplier of oil to Canada while imports dropped in 2020

CALGARY, Alberta, April 14, 2021 (GLOBE NEWSWIRE) — The United States supplied nearly four out of every five barrels of oil imported into Canada in 2020 while crude imports fell 20 percent due to lower demand during the COVID-19 pandemic, according to the latest analysis from the Canada Energy Regulator (CER).

Imports of crude oil decreased to 555,000 barrels per day (b/d), down from 693,000 b/d in 2019 with 77 per cent of total crude imports coming from the U.S. in 2020, up from 72 per cent in 2019. Of the remaining crude imports, 13 per cent came from Saudi Arabia, four per cent from Nigeria, three per cent from Norway, and the remainder from several other countries.

While Canada exports nearly 6.5 times more oil than it imports, it still relies on oil imports to feed refineries in the Atlantic Provinces, Quebec and Ontario. Less than one third of Canadian crude oil is processed by Canadian refineries for a variety of reasons, such as lack of pipeline access to domestic supplies, specific product requirements of refineries, or because it costs less to import.

Most of the oil Canada imports is transported by marine tanker and pipeline, with small volumes being imported by rail.

The CER produces neutral and fact-based energy analysis to inform the energy conversation in Canada. Market Snapshots are part of a portfolio of publications on energy supply, demand and infrastructure that the CER publishes regularly as part of its ongoing market monitoring.

Quick Facts

  • The total cost of imported oil fell 40 per cent over the previous year to $11.5 billion, reflecting the lower volumes and decline in global crude prices.
  • Imports into Newfoundland and Labrador decreased from 106 Mb/d to 29 Mb/d in 2020, and all came from the U.S. while costs decreased to $77.87 per barrel.
  • Imports into New Brunswick decreased in 2020 to 245 Mb/d from 278 Mb/d, half of which came from the U.S. while costs decreased to $58.89 per barrel.
  • Imports into Quebec decreased from 203 Mb/d to 153 Mb/d in 2020, and all came from the U.S. while costs decreased to $52.92 per barrel.
  • Imports into Ontario decreased from 97 Mb/d to 43 Mb/d, and all came from the U.S. in 2020. Costs decreased to $53.37 per barrel.

Quotes

“The source for Canada’s crude oil imports has changed dramatically over the past decade. The United States has moved from a bit player in 2010 to a major supplier today, with the majority of oil imported into Canada coming from our southern neighbour.”

Darren Christie

Chief Economist

Canada Energy Regulator

Associated Links

The Canada Energy Regulator (CER) works to keep energy moving safely across the country. We review energy development projects and share energy information, all while enforcing some of the strictest safety and environmental standards in the world. To find out how the CER is working for you


visit us online


or


connect on social media

Contacts

Karen Ryhorchuk

Communications Officer

Canada Energy Regulator

Email:[email protected]

Telephone: 403-671-9756



The Alkaline Water Company’s Products Now Available in More than 240 Meijer Supercenters

The Alkaline Water Company’s Products Now Available in More than 240 Meijer Supercenters

Premier Retail Grocer to Carry Alkaline88® Enhanced Waters throughout Midwest

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline water company, further expands its presence in the Midwest reaching 30 million potential consumers through Meijer supercenters and grocery stores. Meijer, the 15th largest grocery chain in the country, has begun to stock its shelves with their smooth tasting Alkaline88®, in three sizes — 1.5-liter, 1-gallon and eco-friendly 500ml aluminum bottles.

“Meijer is truly the gold standard for customer service and excellence in the markets they serve. They reach over 30 million people in the Midwest. I fully expect them to grow to one of our top 10 customers over the next 12 months. They run high volume, high quality supercenters/grocery stores that consumers know and trust,” stated Richard Wright, President and CEO of The Alkaline Water Company. “They share many of our same values for innovation, quality and excellent customer service that have allowed them to become the 18th largest privately held company in the country. These shared values have also allowed Alkaline88 to become the number one selling bulk brand in the country and the largest independent alkaline water company in the U.S. With three products on their shelves and summer rapidly approaching we will also be adding capacity in the Midwest to meet their customers’ needs for the smooth, delicious taste of Alkaline88. This is another major step in our continued domination of the top 75 grocery retailers in the country.

This partnership is yet another huge win for The Alkaline Water Company. Founded in Michigan in 1934 and still based there today, Meijer has grown to include more than 240 supercenters in six states — Michigan, Ohio, Indiana, Kentucky, Illinois and Wisconsin. One of America’s largest private companies, Meijer was voted “America’s Best Employers” by State 2020 and named “Retailer of the Year” by Progressive Grocer, the grocery industry’s largest trade publication.

Alkaline88 is known for its superior hydration with a perfect 8.8pH balance. The brand was developed to deliver a smooth taste that encourages consumers to drink more and fully hydrate, and the company is dedicated to purity, quality, and value. The water’s ingredient deck is simple, easy to understand and free of buffers. Dubbed “the clean beverage,” Alkaline88 ionized water contains just two pure ingredients that customers trust — water and Pink Himalayan Rock Salt.

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

About The Alkaline Water Company:

Founded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts our trademarked label ‘Clean Beverage.’ Quickly being recognized as a growing lifestyle brand, Alkaline88® launched A88 Infused™ in 2019 to meet consumer demand for flavor-infused products. A88 Infused™ flavored water is available in six unique all-natural flavors, with new flavors coming soon. Additionally, in 2020, the Company launched A88 Infused Beverage Division Inc., which includes the Company’s CBD water and flavor-infused water. For the Company’s topical and ingestible offerings, A88 Infused Products Inc. includes both the Company’s lab-tested full-spectrum hemp salves, balms, lotions, essential oils, and bath salts, along with broad-spectrum hemp, powder packs, oil tinctures, capsules, and gummies.

To purchase Alkaline88 and A88 Flavor Infused products online, visit us at www.alkaline88.com. To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.

About Meijer:

Meijer is a Grand Rapids, Mich.-based retailer that operates 256 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the “one-stop shopping” concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the following: the statement relating to reaching 30 million potential consumers through Meijer supercenters and grocery stores; the expectation that Meijer to grow to one of the Company’s top 10 customers over the next 12 months; and the statement that the Company will be adding capacity in the Midwest to meet Meijer’s customers’ needs for the smooth, delicious taste of Alkaline88.

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

The Alkaline Water Company Inc.

Richard A. Wright

President and CEO

800-923-1910

[email protected]

Media

Susie Timm

Knife & Fork Media Group

480-200-2766

[email protected]

 

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Retail Supermarket Food/Beverage

MEDIA:

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