Trimble and Florida International University Establish Trimble Technology Lab at the Moss School of Construction, Infrastructure and Sustainability

PR Newswire

SUNNYVALE, Calif. and MIAMI, April 1, 2021 /PRNewswire/ — Building on a commitment to cultivate a highly-trained workforce that will drive the innovative solutions of tomorrow, Trimble (NASDAQ: TRMB) and Florida International University (FIU) are collaborating to establish a state-of-the-art Technology Lab in FIU’s Moss School of Construction, Infrastructure and Sustainability.

The aim is to expand the university’s leadership and excellence in training and research in the realms of engineering, construction and the sustainable built environment.

The Trimble Technology Lab will provide students enrolled in the school, which is housed in FIU’s College of Engineering and Computing (CEC), hands-on experience with a wide breadth of Trimble solutions. The lab will expand the university’s access and expertise in project management, estimating, architectural modeling and design, structural analysis and design, Mechanical Electrical Plumbing (MEP) design, mixed reality and office-to-field solutions. The collaboration facilitates the integration of innovative technology into the school’s curricula and research endeavors, empowering future graduates to transform how buildings and living environments are designed and constructed around the world.

“We are thrilled to partner with FIU, the first predominately Hispanic Serving Institution to join the Trimble Technology Lab program in the U.S.,” said Allyson McDuffie, director of Education & Outreach at Trimble. “Trimble’s education and outreach programs aim to support the next generation of construction professionals by ensuring key education institutions have access to Trimble’s portfolio of construction industry solutions throughout their education, creating a new workforce that’s truly equipped and empowered to ‘Transform the Way the World Works.'”

“Our college is excited about this amazing collaboration with Trimble. In establishing this new lab, Trimble is helping our college ensure that our current and future students have access to the latest computer software and hardware in engineering and construction,” said John Volakis, dean of the FIU College of Engineering and Computing. “These assets will provide our students with the training needed to best prepare them to become future industry leaders. Our faculty and students are thrilled at the opportunity to work closely with a company of Trimble’s caliber, its technologies and experts.”

The Moss Department of Construction Management is the second-highest ranked program in Florida, ninth in the South and 34th in the U.S. among public universities. It offers two main degree programs – a bachelor’s in construction management and a master’s in construction management. The master’s program features a fully online option as well as the traditional in-classroom alternative.

“Our new Trimble Technology Lab provides our students with innovative technologies that allow them to create 3D building models and better understand how cost and project timelines are impacted when sequences related to materials and equipment are modified,” said Jose Faria, endowed chair of FIU’s Moss Department of Construction Management. “At FIU, we are also committed to construction safety, and Trimble offers us a combination of augmented reality with site monitoring technologies that help our students better minimize and understand hazards. The combination of superior curriculum, industry practice and innovative technologies is what will help us cultivate graduates that will become industry leaders.”

The lab will include a broad range of Trimble’s industry-leading technologies such as the Trimble® XR10 HoloLens with hardhat, Trimble SiteVision AR system, robotic total stations and field tablets. Advanced software solutions include RealWorks® scanning software, Trimble Business Center, Tekla® Structures, Tekla Model Sharing, Tekla Structural Design Suite, Trimble Connect, ProjectSight, TruEst, WinEst, SysQue, Vico Office Suite and the company’s popular 3D modeling software, SketchUp Pro.

Trimble’s broad Connected Construction portfolio enables all professionals along the project lifecycle to accelerate project processes—improving productivity, quality, transparency, safety and sustainability, while reducing waste.

About Florida International University


Florida International University
 is a Top 50 public university that drives real talent and innovation in Miami and globally. High research (R1) activity and high social mobility come together at FIU to uplift and accelerate learner success in a global city by focusing in the areas of environment, health, innovation, and justice. Today, FIU has two campuses and multiple centers. FIU serves a diverse student body of more than 58,000 and 260,000 Panther alumni. U.S. News and World Report places dozens of FIU programs among the best in the nation, including international business at No. 2. Washington Monthly Magazine ranks FIU among the top 20 public universities contributing to the public good.

About Trimble

Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.

GTRMB

 

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SOURCE Trimble

EZGO Announces Receipt of Over 1 Million RMB International Order for its E-Bicycles

Company Seeing Increased Demand for its E-bicycles Throughout Asia

PR Newswire

JIANGSU, China, April 1, 2021 /PRNewswire/ — EZGO Technologies Ltd. (Nasdaq: EZGO) (“EZGO” or “the Company), a leading short-distance transportation solutions provider in China, today announced an electronic bicycle (“e-bicycle”) order worth over 1.1 million RMB for distribution and usage in Ukraine. This order from Ukraine includes the purchase of “Dilang” brand light electric motor scooters (“e-mopeds”) and electric tricycles. EZGO expects to deliver the e-bicycles to its customer by early April.

In addition, the Company has received an order for high-speed electric motorcycles (“e-motorcycles”) from Thailand. EZGO plans to export initial prototypes to Thai agents. EZGO is currently getting started with the trial production and sales of high-speed e-motorcycles under the “Dilang” brand.

Mr. Jianhui Ye, Chief Executive Officer, stated, “We have seen accelerating demand both within China and in adjacent nations for our Dilang and Cenbird e-bicycle and e-motorcycle. We are pleased to have received this order and look forward to increasing our brand recognition outside of China. We continue to display new models at international exhibitions, while expanding our product portfolio with the development of new e-bicycle models.”

About EZGO Technologies Ltd.

Leveraging an Internet of Things (IoT) product and service platform and two e-bicycle brands, “Cenbird” and “Dilang,” EZGO has established a business model centered on the manufacturing and sale of electronic bicycles and batteries and e-bicycle rentals, complemented by battery cell trading and a charging pile business. Currently, the Company (i) designs, manufactures, rents and sells e-bicycles and e-tricycles; (ii) rents and sells lithium batteries; and (iii) sells, franchises and operates smart charging piles for e-bicycles and other electronic devices.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the short-distance transportation solutions market in China and the other international markets the Company plans to serve; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

At the Company: 
Shawn Wen 
Email: [email protected]  
Phone: (+86) 13502829216 

Investor Relations:
Adam Prior
The Equity Group Inc.
Email: [email protected] 
Phone: (212) 836-9606

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SOURCE EZGO Technologies Ltd.

New Accounts Receivable Intelligence Solution From BlackLine Enhances Strategic And Operational Decision-Making For Global Businesses

PR Newswire

BlackLine AR Intelligence optimizes working capital by boosting
payment predictabilityand improving collections forecasting

LOS ANGELES and LONDON, April 1, 2021 /PRNewswire/ — Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has unveiled BlackLine AR Intelligence, the latest offering in its portfolio of accounts receivable (AR) automation solutions designed to complement and enhance its broader financial operations management platform.  BlackLine AR Intelligence enables customers to manage financial risks and opportunities by providing access to real-time, actionable data to help them understand their customers’ financial behaviors and use the information to impact strategic and operational decision-making.

Managing debtors and the overall assessment of customer payment behaviors has never been as critical as it is in today’s economic climate.  Businesses need to make decisions based on accurate, real-time intelligence.  BlackLine AR Intelligence takes the strategic value of BlackLine’s AI-powered Cash Application solution to the next level by harnessing real-time data and combining it with powerful analytics to improve critical decision-making across the enterprise. 

“Now more than ever, business resilience and cash management is top of the agenda.  BlackLine AR Intelligence provides our customers with a deep understanding of the financial risks and opportunities within their customer bases, unlocking data either previously not available to them or that took days and weeks to generate manually,” said Kevin Kimber, managing director of BlackLine’s global accounts receivables business unit.  “BlackLine AR Intelligence delivers real-time credit, debt and sales insights that benefit not only the Accounts Receivable, Credit Management and Order-to-Cash departments, but other senior stakeholders such as the CFO, Office of the Controller, Treasury and even the CRO/Sales team, enabling companies to reduce risk, improve forecasting, optimize working capital and grow revenues by analyzing precise customer payment and credit behaviors.”

More than $187 billion of payments were applied through BlackLine Cash Application in 2020.  By adding BlackLine AR Intelligence, customers gain critical business insights to manage risk, cash flow and collections, as well as real-time analysis and reports.  Pre-configured, interactive dashboards display key information such as:

  • Customer Behavior Insights: Sales and payment performance data, such as invoiced sales by month and cash by month, and the correlation/variance between the two.
  • Payment Terms v. Cash Collected: Ability to track and measure payment terms, outstanding balances, cash collected and debt positions across the customer base and see how customers actually pay against those terms.
  • Payment Forecasting: Ability to forecast weekly collections and measure accuracy by using real-time customer payment behavior.
  • Sales Ledger Analysis: An analysis of the relationship between volume of customers and value of debt outstanding, e.g. debt by value, count of invoices by value, count of customers by value.
  • Bank Utilization: Ability to see customer accounts linked by the same bank details or sales ledger accounts linked by payee details to see how customers are paying and for which accounts, leading to a better understanding of overall exposure/risk.
  • Days Sales Outstanding (DSO): Automated calculations around the time it takes to collect payment, such as cash collected last month, customers by balance, customers with the most debt and debtor day value by month.

“BlackLine AR Intelligence is a natural complement to our Cash Application solution, delivering on our  vision to be the most indispensable platform for the controller,” added Mr. Kimber.  “Coupled with the ability to link everything back to our market-leading financial close platform for currency adjustments, intercompany cash, bad debt reserves and suspense accounts, we are redefining the way AR work gets done and unlocking new strategic value for our customers.”

Here’s what customers are saying about their experience using BlackLine AR Intelligence:

  • “A strategic review and a dynamic approach to collections. Have not seen any other solution to get to this level of data.”
  • “Enhances operational performance to see problems which would normally be overlooked because we don’t have the data.”
  • “Very powerful and easy to use; of great value to us, particularly from a management perspective.”
  • “Love the fact that we evaluate what is happening across our customer base in depth and quickly.”
  • “The real power is having all of the data at my fingertips rather than spending hours creating reports.”

Following the Oct. 2nd, 2020 announcement of its acquisition of Rimilia, BlackLine is actively expanding its capabilities in the AR automation space.  BlackLine AR Intelligence is designed to be used alongside BlackLine Cash Application and is one of several AR automation offerings to come.  To learn more, register for the upcoming Modern Accounting Summits and attend a series of sessions dedicated to AR automation, Cash Application and AR Intelligence.


About BlackLine

Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting processes are not sustainable.  BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.  BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 3,400 customers trust BlackLine to help them close faster with complete and accurate results.  The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius.  Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney.  For more information, please visit blackline.com.

BlackLine Forward-looking Statements 
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “would,” “continue,” “ongoing” or the negative of these terms or other comparable terminology. Forward-looking statements in this release include statements regarding our growth plans and opportunities. 

Any forward-looking statements contained in this press release are based upon BlackLine’s current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading “Risk Factors” in our Annual Report on Form 10-K.  Additional information will also be set forth in our Quarterly Reports on Form 10-Q. 

Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. 

 

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SOURCE BlackLine

Kona Gold Beverage, Inc. Announces Revenue Increases Month-Over-Month in First Quarter of 2021

PR Newswire

MELBOURNE, Fla., April 1, 2021 /PRNewswire/ — Kona Gold Beverage, Inc. (OTCQB: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, is pleased to announce the Company saw revenue increases month-over-month in the first quarter of 2021 due to high demand for its beverage portfolio and growth in its distribution business. The Company recently announced its February 2021 revenues from the Company’s subsidiaries were the highest monthly revenues when compared to the previous monthly revenues over the last 15 months and the Company has beat those revenues in March. 

Kona Gold Beverage continues to see great revenue growth with March 2021 revenues outpacing February by way of its subsidiaries, with Kona Gold LLC reporting more than a 22% growth in revenue, and Gold Leaf Distribution reporting more than a 37% growth in revenue from the previous month.  Gold Leaf Distribution once again had a record revenue month, posting revenues of more than $80,000 for the month of March 2021 compared to approximately $58,000 in February.  Kona Gold posted revenue of over $140,000 in March 2021 compared to approximately $115,000 in February.

Kona Gold Beverage anticipates its subsidiaries will continue to have a substantial increase in revenue in Q2, as the Company enters into the historically busier beverage seasons of spring and summer. Additionally, the Company is actively in discussions with new distribution partners, convenience store chains, and grocery chains. 

For more information regarding Kona Gold Beverage, please visit:
https://konagoldbeverage.com/

About Kona Gold Beverage, Inc.

Kona Gold Beverage, Inc., a Delaware corporation, has created wholly-owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold Leaf Distribution, LLC.  Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.com.  HighDrate, LLC has developed the beverage industry’s first CBD-Infused Energy Water, available in 6 delicious flavors; please visit its website at www.highdrateme.com.  Gold Leaf Distribution, LLC was created to fill the Company’s distribution needs in markets that it wants to enter quickly; please visit its website at www.goldleafdist.comKona Gold Beverage, Inc. recently acquired S&S Beverage, Inc., which manufactures and distributes LEMIN Superior Lemonade line; please visit its website at www.drinklemin.com. Kona Gold and its family of companies are located on the east coast of Florida in Melbourne and in Greer, South Carolina.

Safe Harbor Statement: 

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” and similar expressions.  The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties.  There can be no assurance that such statements will prove to be accurate.  The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company’s Registration Statement on Form S-1. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company’s control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact: 
Robert Clark
844-714-2224
[email protected]

 

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SOURCE Kona Gold Beverage, Inc.

iClick Helps Pechoin Achieve Business Success in Private Domain E-commerce

PR Newswire

HONG KONG, April 1, 2021 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, is happy to share our business success partnering with Pechoin, a leading nationwide-known skin care brand in China.

Leveraging iClick’s integrated private-domain e-commerce solutions, Pechoin successfully promoted its brand-new product, Pechoin Youth Active Resilience Repairing Cream. As a result, sales of the product grew to account for almost half of Pechoin sales on the WeChat mini-program store. The brand’s WeChat Index also increased by 600%, indicating an outstanding improvement in the brand’s exposure and popularity within the WeChat ecosystem.

Taking account of the client’s existing resources, iClick formulated a new approach for leveraging Pechoin’s brand ambassador to raise awareness of the brand in private domaine-commerce in order to boost sales. iClick’s tailored smart retail solutions helped Pechoin to amplify and expand the effect of their brand ambassador within the WeChat ecosystem in several ways:

  • iClick’s Marketing Solutions identified potential new consumers and targeted fans of the brand ambassador while simultaneously optimizing and refining the marketing strategy for each round of ad placement based on real-time advertising performance.
  • iClick built a tailored mini-program store that integrated elements related to the brand ambassador in order to drive consumer purchases with customized smart tools.
  • iClick also optimized traffic acquisition efficiency by allowing the users to directly visit the Pechoin mini-program store through searching either Pechoin or the brand ambassador in WeChat.

“We are always looking to discover innovative new ways to help brands drive their businesses, especially in the booming area of private domain e-commerce,” said Jian “T.J.” Tang, Chief Executive Officer and Co-Founder of iClick. “We are pleased to share how iClick’s tailored integrated solutions have helped Pechoin achieve extraordinary results and pioneered a new method of leveraging the influence of brand ambassadors in private domains.”

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe.

For more information, please visit ir.i-click.com.

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:


In China:


In the United States:


iClick Interactive Asia Group Limited


Core IR

Lisa Li

Tom Caden

Phone: +86-21-3230-3931 #892

Tel: +1-516-222-2560

E-mail: [email protected]

E-mail: [email protected]

 

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SOURCE iClick Interactive Asia Group Limited

Kenorland Minerals Ltd. Lists on the Frankfurt Stock Exchange Under the Symbol 3WQ0

PR Newswire

VANCOUVER, BC, April 1, 2021 /PRNewswire/ – Kenorland Minerals Ltd. (TSXV: KLD) (FSE: 3WQ0) (“Kenorland” or “the Company“) is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange (“FSE“) under the trading symbol 3WQ0. 

The Frankfurt Stock Exchange is the largest exchange in Germany and one of the largest in the world in terms of trading volume and market capitalization.  The listing will provide Kenorland with access to a broader investment audience in Germany and Europe as well as add to its liquidity. The Company is currently listed on the TSX Venture Exchange in Canada.

Zach Flood, President and CEO, commented, “We’re very excited to be listed on the FSE.  With a commitment to building shareholder value, Kenorland will continue to grow its awareness in the European market which has a knowledgeable investor base that is traditionally very active in the junior resource sector.”

About Kenorland Minerals

Kenorland Minerals Ltd (TSX.V KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia, Canada. Kenorland’s focus is early to advanced stage exploration in North America.  The Company currently holds three projects where work is being completed under an earn-in agreement from third parties. The Frotet and Chicobi Projects, which are both located in Quebec, Canada, are optioned to Sumitomo Metal Mining Canada Ltd. and the Chebistuan Project, also located in Quebec, is optioned to Newmont Corporation. The Company also owns 100% of the advanced stage Tanacross porphyry Cu-Au project as well as an option to earn up to 70% from Newmont Corporation on the Healy Project, both located in Alaska, USA.

Further information can be found on the Company’s website www.kenorlandminerals.com 

Cautionary Statement Regarding Forward Looking Statements

This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “expects’, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will be taken”, “occur” or “be achieved”. Forward looking statements involve risks, uncertainties and other factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Kenorland Minerals Ltd.


Zach Flood

President and CEO

Tel: +1 604 363 1779


[email protected]  

Kenorland Minerals Ltd.


Francis MacDonald

Executive Vice President, Exploration

Tel: +1 778 322 8705


[email protected]

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SOURCE Kenorland Minerals Ltd.

Health Logic Interactive Inc., Acquires Next-Generation Lab-On-Chip Medical Diagnostic Technology

PR Newswire

TSX.V: CHIP.H
OTCPK: FNNGF

CALGARY, March 29, 2021 /PRNewswire/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: FNNGF), is pleased to announce its wholly owned operating subsidiary, My Health LogicInc. (“My Health Logic“), has entered into a license agreement (the “License Agreement“) with an arm’s length third party (the “Licensor“) pursuant to which My Health Logic has a worldwide, exclusive license to the UAL-Chip, a patent pending lab-on-chip (“LOC“) technology that has the potential to be used in a smartphone connected, hand-held device to provide rapid point-of-care (“POC“) diagnosis of Chronic Kidney Disease (“CKD“).

CKD is a life-changing chronic condition that is harmful for patients and extremely expensive to treat unless caught early. Over 850 million people globally and 37 million people in the United States have CKD, and total healthcare costs for treatment of CKD in the US exceed $120B per year. The key to preventing the major harms from CKD, such as kidney failure, kidney dialysis, and death, is early testing and treatment; however, approximately 90% of those afflicted by CKD do not realize they have it. We believe that providing patients and caregivers a low-cost, accessible tool for early diagnosis and treatment is an opportunity to help millions of at-risk patients and start to bend the cost curve for health systems worldwide. 

UAL-Chip technology has the potential to drive a much-needed disruption of the legacy systems used for CKD testing and accelerate the trend towards automation, digitization and personalization in the healthcare industry. The UAL-Chip can utilize microfluidic technology to test for the albumin levels in urine and deliver rapid results to a users’ smartphone and their healthcare practitioner. Currently, <50% of at-risk patients are tested; we expect that introducing digitally connected home testing solutions would increase this number by removing one of the current barriers to testing, being attendance at a central lab, and would also provide My Health Logic with the opportunity to develop a robust platform for continuous digital patient monitoring and care for CKD of all stages.

“CKD is common, costly and harmful for patients and communities. It is also under-recognized. Bringing the CKD diagnosis into the home is a disruptive approach that could bridge the screening gap for millions of patients, allowing early detection and treatment, preventing harms for millions, and reducing health costs by billions” – Dr. Claudio Rigatto, Co-Inventor, Seven Oaks General Hospital

“Our lab-on-chip platform can give accurate results rivalling central laboratories in precision but in an accessible, low cost and rapid form usable in the home, fulfilling the dream of true point-of-care diagnosis and personalized medicine.” – Dr. Francis Lin, Lead Inventor

Highlights of the Market:

  • CKD is the 8th leading cause of death in the US.
  • Estimated that 15% of all people in the US are at risk of CKD yet 90% are unaware they have the disease.
  • Medicare spent $120 billion on all CKD related costs in 2017.
  • End Stage Renal Disease (ESRD) caused by CKD led to $36 billion in Medicare-related costs in 2017.
  • o ESRD includes kidney failure, dialysis, and transplant.
  • American Kidney Health Initiatives passed in 2019.
  • The global POC market has been growing at a CAGR of 10.2% and the global digital remote health market is expected to grow at a CAGR of 27.9% through to 2026.
  • Sources: www.kidney.org, www.uofmhealth.com, www.grandviewresearch.com, www.businesswire.com

Highlights of the Technology:

  • Proof of concept trial complete in clinical setting showing successful results.
  • Patent pending technology with USTPO Patent number.
  • The UAL-Chip is being built so that results will connect to a users’ phone and provide feedback in less than 5 minutes. The plan is to collect the data through My Health Logic’s MATLOC device, a hand-held POC device currently in development, and store the data on the My Health Logic continued care platform.
  • 510 (k) pre-market FDA submission plans – accelerated regulatory pathway.
  • Planned development of urine ACR and blood eGFR (the two necessary tests needed for accurate CKD assessment).
  • First-movers advantage – there are currently no available hand-held, POC diagnostics on the market that quantitatively measure both ACR and eGFR.
  • Co-founders and inventors of the technology plan to join My Health Logic in key leadership positions and continue to advance development, including:
    • Dr. Francis Lin
    • Dr. Claudio Rigatto
    • Dr. Paul Komenda
    • Dr. Navdeep Tangri

The Technology was invented by the world-renowned team of nephrologists at Seven Oaks General Hospital including Dr. Navdeep Tangri, Dr. Paul Komenda, and Dr. Claudio Rigatto, and biomedical engineering LOC expert Dr. Francis Lin. The team of inventors are expected to play an active role in the ongoing development of the lab-on-chips, and MATLOC device as we pursue regulatory approvals with Health Canada and the US Food and Drug Administration (“FDA“) via an accelerated 510K pathway. In addition to the ongoing guidance from the inventors, the Company plans to on board and engage strategic industry thought leaders and experts to best guide My Health Logic through the development process to successful commercialization, for which there is no guarantee.

My Health Logic’s obligations under the License Agreement include: (a) developing, manufacturing and selling products that incorporate the licensed technology (“Licensed Products“); (b) marketing Licensed Products in the US and Canada within 6 months of receiving regulatory approval; (c) reasonably filling market demand for Licensed Products following marketing; (d) obtaining all necessary governmental approvals for the activities in (a); and (e) spending at least $650,000 on the development of Licensed Products during the first four years of the License Agreement. As consideration for the license and other rights under the License Agreement, My Health Logic will pay Licensor annual royalties on net sales of Licensed Products, cover past patent costs, pay annual license maintenance fees and make certain payments upon the occurrence of milestone events in the regulatory approval process with respect to Licensed Products.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements


Cautionary Note Regarding Forward-Looking Statements:

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as “forward-looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: development, manufacture and sale of Licensed Products; performance of obligations under the License Agreement; plans to engage the inventors and other experts to assist with regulatory approval and commercialization of Licensed Products; plans for and expected benefits of the licensed technology; and the Offering.

These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: My Health Logic’s ability to develop, manufacture and sell the Licensed Products, perform its obligations under the License Agreement and otherwise implement its business strategies; My Health Logic’s ability to obtain regulatory approval of Licensed Products; and the Company’s ability to obtain regulatory approval of the Offering and complete the Offering on the proposed terms.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: My Health Logic will be able to develop, manufacture and sell the Licensed Products, perform its obligations under the License Agreement and otherwise implement its business strategies; My Health Logic will be able to obtain all necessary regulatory approvals with respect to Licensed Products; and the Company will be able to obtain all necessary regulatory approvals with respect to the Offering, and the Company will be able to complete the Offering on the proposed terms.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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SOURCE Health Logic Interactive Inc.

Hyundai Motor America Reports Record-Breaking March and Q1 2021 Sales

— Best Total and Retail Sales Month of All-Time

— March Total Sales Up 115%; March Retail Sales Grew 153%

— Q1 Total Sales Increased 28%; Q1 Retail Sales Jumped 38%

PR Newswire

FOUNTAIN VALLEY, Calif., April 1, 2021 /PRNewswire/ — Hyundai Motor America reported total March sales of 75,403 units, a 115% increase compared with March 2020 and the all-time best month in Hyundai history. Palisade and Kona had their best month ever, while Santa Fe and Tucson set new March highs. Hyundai fleet sales were down 58%, representing 4% of total volume.

“It was a historic U.S. sales performance in March and Q1 for Hyundai,” said Randy Parker, senior vice president, National Sales, Hyundai Motor America. “Strong consumer confidence, stable inventory, a compelling lineup, attention-grabbing advertising and the efforts of our dealer partners all came together to deliver these results. With the all-new Tucson, our highest-volume model, arriving at dealerships, we will build on this momentum and continue to gain market share.”

March Retail Highlights
March was also the best retail month ever, with 72,740 retail sales, up 153%. Retail sales rose for the entire lineup with SUVs (+173%), cars (+120%) and eco-friendly vehicles (+235%), all up triple digits.

Q1 Highlights
For the quarter, Hyundai had its highest Q1 retail sales ever at 157,470 units, an increase of 38% compared with Q1 2020. Total Q1 sales were up 28% with significant growth across the lineup.

March Total Sales Summary


Mar-21


Mar-20


% Chg


2021 YTD (Q1)


2020 YTD (Q1)


% Chg


Hyundai

75,403

35,118

115%

167,130

130,875

28%

 

March Product and Corporate Activities

  • All-New 2022 Tucson: For the soon-to-be arriving all-new Tucson, Hyundai released pricing, launched a reservation program and provided details for the N Line and Plug-in Hybrid models
  • Santa Cruz Teaser: Hyundai released the first teaser sketch of its highly-anticipated Santa Cruz Sport Adventure Vehicle
  • Complimentary EV Charging: Hyundai is providing 250 kilowatt-hours of complimentary charging on Electrify America’s ultra-fast charging network for owners of 2021 Kona Electric and Ioniq Electric models
  • Elantra Honors: The Hispanic Motor Press Awards named Elantra its 2021 Car of the Year and Autotrader selected Elantra to its 10 Best Interiors Under $50,000 list
  • Usage-Based Insurance: Hyundai introduced its Usage Based Insurance (UBI) program to help owners potentially save hundreds of dollars on their auto insurance

 

Model Total Sales


Vehicle


Mar-21


Mar-20


% Chg


2021 YTD (Q1)


2020 YTD (Q1)


%Chg


Accent

1,788

1,196

50%

4,272

4,807

-11%


Elantra

12,598

7,430

70%

26,093

25,745

1%


Ioniq

1,930

763

153%

4,125

3,522

17%


Kona

10,416

3,874

169%

22,610

15,174

49%


Nexo

30

7

329%

78

51

53%


Palisade

9,184

3,934

133%

21,207

17,089

24%


Santa Fe

11,538

6,358

82%

28,570

19,902

44%


Sonata

9,335

3,957

136%

20,557

15,602

32%


Tucson

15,744

6,073

159%

33,147

23,735

40%


Veloster

272

575

-53%

687

2,082

-67%


Venue

2,568

951

170%

5,784

3,166

83%

 

Hyundai Motor America
At Hyundai Motor America, we believe everyone deserves better. From the way we design and build our cars to the way we treat the people who drive them, making things better is at the heart of everything we do. Hyundai’s technology-rich product lineup of cars, SUVs and alternative-powered electric and fuel cell vehicles is backed by Hyundai Assurance—our promise to create a better experience for customers. Hyundai vehicles are sold and serviced through more than 820 dealerships nationwide and nearly half of those sold in the U.S. are built at Hyundai Motor Manufacturing Alabama. Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

Please visit our media website at www.HyundaiNews.com

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram

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SOURCE Hyundai Motor America

NuLink, Powered by WOW! Internet, Restores Services for More Than 90% of Newnan Customers

PR Newswire

NEWNAN, Ga., April 1, 2021 /PRNewswire/ — WOW! Internet, Cable & Phone (NYSE: WOW), operating as NuLink in Newnan, Georgia, today announced more than 90 percent of its network is back online after sustaining significant damage from last week’s tornado. 

NuLink engineers and field technicians are working around the clock to restore service to the remaining affected areas in Newnan. Service has been restored for customers east of Jackson Street and those east of Greenville Street. Restoration efforts continue for customers west of Jackson and Greenville streets.

“We know how important having access to the internet is, especially in the midst of an ongoing pandemic coupled with a devastating natural disaster,” said Tangi White, director of operations at WOW!. “Our teams are on the ground right now working to repair the remainder of the damage caused by the tornado. We are hopeful services will be restored completely to all customers in the very near future.”

NuLink, powered by WOW! Internet, has made free community WiFi hotspots available in strategic locations in Newnan to help residents connect with critical services, like filing insurance claims, work, school and friends and family. The free community WiFi hotspots can be found at the following locations:

  • Bridging the Gap (BTG) – 19 1st Ave, Newnan
  • CEC Education Center – 160 MLK Jr. Dr., Newnan

  • Newnan Chamber of Commerce –
    23 Bullsboro Dr., Newnan
  • Wesley Street Gym-Lynch Park – 77 Wesley St., Newnan

The best way for customers to get the latest information on the outages is to visit NuLink’s service outage update page at NuLink.com.

NuLink is required by law to follow all emergency management procedures and evacuation mandates issued by the state; however, all storm-related repairs will be prioritized and resolved, as soon as it is safe for NuLink engineers to do so.

About WOW! Internet, Cable & Phone
WOW! is one of the nation’s leading broadband providers, with an efficient, high-performing network that passes three million residential, business and wholesale consumers. WOW! provides services in 19 markets, primarily in the Midwest and Southeast, including Illinois, Michigan, Indiana, Ohio, Maryland, Alabama, Tennessee, South Carolina, Florida and Georgia. With an expansive portfolio of advanced services, including high-speed Internet services, cable TV, phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices. WOW! also serves as a leader in exceptional human resources practices, having been recognized by the National Association for Business Resources for seven years as a Best & Brightest Company to Work For, winning the award for the last three consecutive years. Visit wowway.com for more information.

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SOURCE WideOpenWest, Inc.

DoubleLine Opportunistic Credit Fund Declares April 2021 Distribution

PR Newswire

LOS ANGELES, April 1, 2021 /PRNewswire/ — The DoubleLine Opportunistic Credit Fund (the “Fund”), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of April 2021. The distribution is subject to the following ex-dividend, record and payment dates set by the Fund’s Board of Trustees.


April 2021


Declaration

Thursday, April 1, 2021


Ex-Dividend

Wednesday, April 14, 2021


Record

Thursday, April 15, 2021


Payment

Friday, April 30, 2021

This news release is not for tax reporting purposes. The release has been issued to announce the amount and timing of the distributions declared by the Board of Trustees. There is a possibility that distributions may include ordinary income, long-term capital gains or return of capital. The amount of distributable income and the tax characteristics of the distributions are determined at the end of the taxable year. In early 2022, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return.

About DoubleLine
Opportunistic Credit Fund

The DoubleLine Opportunistic Credit Fund (the “Fund”) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. There is no guarantee that the Fund will achieve its investment objective. Investing in the Fund involves the risk of principal loss.

About DoubleLine Capital LP

DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine’s offices can be reached by telephone at (213) 633-8200 or by e-mail at [email protected]. Media can reach DoubleLine by e-mail at [email protected]. DoubleLine® is a registered trademark of DoubleLine Capital LP.

To read about the DoubleLine Opportunistic Credit Fund, please access the Annual Report at www.doublelinefunds.com or call 877-DLINE11 (877-354-6311) to receive a copy. Investors should consider the Fund’s investment objective, risks, charges and expenses carefully before investing. An investment in the Fund should not constitute a complete investment program.

This document is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale or offer of these securities, in any jurisdiction where such sale or offer is not permitted.

Fund investing involves risk. Principal loss is possible.

Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors’ risk of loss. This risk may be greater for investors expecting to sell their shares in a relatively short period after the completion of the public offering. There are risks associated with investment in the fund.

Investments in debt securities typically decline in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.
Past performance is no guarantee of future results. The fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities. Investment strategies may not achieve the desired results due to implementation lag, other timing factors, portfolio management decisions-making, economic or market conditions or other unanticipated factors. In addition, the Fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives and smaller companies which include additional risks.
The DoubleLine Opportunistic Credit Fund (the “Fund”) is a diversified, closed-end management investment company.

This material may include statements that constitute “forward-looking statements” under the U.S. securities laws. Forward-looking statements include, among other things, projections, estimates, and information about possible or future results related to the Fund, market or regulatory developments. The views expressed herein are not guarantees of future performance or economic results and involve certain risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially from the views expressed herein. The views expressed herein are subject to change at any time based upon economic, market, or other conditions and DoubleLine undertakes no obligation to update the views expressed herein. While we have gathered this information from sources believed to be reliable, DoubleLine cannot guarantee the accuracy of the information provided. Any discussions of specific securities should not be considered a recommendation to buy or sell those securities. The views expressed herein (including any forward-looking statement) may not be relied upon as investment advice or as an indication of the Fund’s trading intent. Information included herein is not an indication of the Fund’s future portfolio composition.

Distributions include all distribution payments regardless of source and may include net income, capital gains, and/or return of capital (ROC). ROC should not be confused with yield or income. A Fund’s Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting www.doublelinefunds.com. Final determination of a distribution’s tax character will be made on Form 1099 DIV and sent to shareholders. On a tax basis, as of April 30, 2020, the most recent available figure, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.000 (0%) per share. This amount is an estimate and the actual amounts and sources for tax reporting purposes may change upon final determination of tax characteristics and may be subject to changes based on tax regulations.

Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.

Quasar Distributors, LLC provides filing administration for DoubleLine Capital LP.

©2021 DoubleLine Capital LP.

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SOURCE DoubleLine